Investors jittery after bleak US data

first_img Investors have been avoiding riskier assets amid growing concerns about slackening growth in the US economy.Globally, equities were lower, with Europe giving up early gains. Bleak data from the US, with jobless claims at a nine-month high and the first contraction in a year in a volatile regional manufacturing index, has made the markets more jittery. “The latest data out of the US sparked a flight to quality by reviving fears of a double-dip recession, with investors seeking refuge into safer government debt,” Louis Capital analyst Bertrand Michaud said.Like others, he suggested markets would be waiting for the end of the northern hemisphere’s summer to get a clearer picture on where the world’s economy and markets were heading.World stocks were down more than half a per cent on the day, according to Thomson Reuters data.The pan-European FTSEurofirst 300 was down 0.5 per cent. John Dunne whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child‘The Love Boat’ captain Gavin MacLeod dies at Share Investors jittery after bleak US data whatsapp Show Comments ▼ Friday 20 August 2010 6:38 am Tags: NULLlast_img read more


The old guard offers Osborne advice

first_img whatsapp The old guard offers Osborne advice Share whatsapp Economies are pretty resilient things. Of course output can decline extremely sharply as a result of negative shocks – and the British economy shrunk 6.4 per cent in 2008-9 as a result of the world financial crisis and subsequent recession. But at some point they do usually bounce back to decent growth rates, particularly if you are lucky enough to get decent employment rates. That is the good news.The trouble is that the length of time it takes and the pace of that recovery is very uncertain, and is not under the control of anyone. And that is news to make you nervous not only if you are tending to a business on the edge or searching for a job, but if you are the chancellor tasked with making sure the economy comes right in time to win you the next election.Of course this last is never explicitly stated, but that is what all George Osborne’s colleagues are expecting of him. Indeed he needs to pull it off a lot faster if the Coalition is to hold. Bewitched by the lure of power, the Liberal Democrats have supported very tough fiscal policies despite having stood full square against them in the general election. But that support won’t hold for ever if there are no visible signs that the pain is going to be worth it.IT’S ABOUT THE WORLD NOT THE UKSo much can go wrong with economic recoveries. The world economy is the most important factor for a medium sized, open economy like the UK. So if the US falters, if the German obsession with fiscal consolidation rather than growth is too strong, if the Greek crisis does spill-over to Portugal and Spain, if China stalls, then however low our exchange rate, a booming export led recovery to save the day will not materialise. And then there is that elusive driver of domestic demand that Keynes called animal spirits, and that business and the city usually call “confidence”. Osborne staked the house on some old fashioned, pre Keynesian economics in his first Budget. He bet that getting down spending fast to reduce the deficit would allow interest rates to stay low, would get the thumbs up from international markets and would convince business decision makers that now was the time to invest, to expand, to hire. In other words he bet that this strategy would boost not dent confidence.For Osborne this course of action was not a risk at all. Broadly speaking most Conservative economic thinking sees the deficit and debt as the root of virtually all our economic problems. In the Tory version of history the harsh Budget of 1981 was not an event that prolonged and deepened the degree of recession, but the vital ingredient in the strong growth later on in that decade. The lesson is cut and cut fast whatever the external circumstances.The trouble is that while the public have never bought into the concepts of Keynesian economics (every mythical housewife knows you pull in your belt when in debt, you don’t spend more), they know bad times coming when they stare them in the face and that is what they seem to feel the first Osborne Budget offered them.CUTTING FOR RECOVERY?It was a categorical rejection of the idea that the state has any role in supporting demand through fiscal policy. Instead, to bring down the deficit swiftly, thousands of jobs are to go – directly in the public sector and indirectly from the firms which supply them and from the consequent fall in spending power. And VAT is to go up steeply.And to add to that this week Martin Weale, the newest member of the MPC, has said there is still a real risk of a double dip recession while centre-right think tank, Policy Exchange, has claimed that inflation may take off forcing interest rates to rise to eight per cent. No wonder confidence indicators are not looking healthy.George Osborne and his team will be sweating over each and every economic statistic, looking for signs of life and momentum. They may pull through and he will be a hero. Or he may just prove that you cannot cut your way out of a recession. Both the economy and the future politics of Britain will be heavily influenced by the gamble he has taken and by events he cannot control. That indeed is the lot of a chancellor.Dan Corry, ex-senior adviser on the economy to former Prime Minister Gordon Brown KCS-content center_img Wednesday 25 August 2010 8:42 pm More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest Show Comments ▼ Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoHero WarsBig Boss of internet games!Hero WarsUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndoWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndolast_img read more


UPS delivers a surprisingly high profit package

first_img Show Comments ▼ UPS delivers a surprisingly high profit package by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm PARCEL delivery firm UPS surprised markets by delivering almost a 50 per cent jump in its 2010 operating profit yesterday.UPS generated $5.8bn (£3.65bn) full-year adjusted operating profit, a 47 per cent jump on 2009, while full-year revenues rose 9.4 per cent to $49.5bn as the company delivered 3.9bn packages over the year.The results were boosted by an exceptional final quarter. UPS delivered 1.1m packages amid strong demand for festive and online shopping.Fourth-quarter adjusted operating profit rose to $1.08 per share, up 44 per cent from a year ago and topping the $1.05 per share expected by analysts. The gain was three cents-per-share more when factoring in a gain from the sale of a logistics unit. Revenue rose to $13.42bn from $12.38bn in the quarter.Chief financial officer Kurt Kuehn added 2011 earnings per share are expected to go up by 16-22 per cent. whatsapp Tags: NULL Sharecenter_img whatsapp KCS-content Tuesday 1 February 2011 8:41 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orglast_img read more


The Carnival share price has rebounded 40%! Should I buy now?

first_img Our 6 ‘Best Buys Now’ Shares 1,174 2024 2,539 I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Zaven Boyrazian | Monday, 23rd November, 2020 | More on: CCL 2022 The Carnival share price has rebounded 40%! Should I buy now? 1,702 2023 Principal Payments ($m) Image source: Getty Images Simply click below to discover how you can take advantage of this. Announcements about several Covid vaccines have caused the Carnival (LSE:CCL) share price to soar by 40% since October. The news of a vaccine soon becoming available is undeniably light at the end of the tunnel. However, it is important to remember, there is still some time to go before it can be distributed around the world.Why did the Carnival share price initially sink?It’s been a tough year for shareholders of the cruise line operator. With safety concerns for its passengers, the firm is following the guidance of the Centers for Disease Control and Prevention (CDC). Subsequently, all cruise trips have been suspended with the earliest restart date expected to come in January 2021.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…These cancellations and customer refunds have wreaked havoc on the financial health of the company. Even though their cruise ships remained parked in harbours, the costs of maintaining them haven’t changed. The high operational costs of the business created high barriers to entry for competitors. However, this competitive advantage has turned into a serious liability over the past year. Debt levels are rising!To remain afloat (pardon the pun) Carnival has been taking on additional debt as well as issuing new shares through equity offerings.As of August, total debt stood at $18.9bn after it successfully acquired approximately $9.2bn of additional funding through credit facilities, secured notes, and convertible notes. While it is undoubtedly good news that Carnival secured additional financing, it does raise concerns.As part of these agreements, certain limitations are in place that restrict how much of the capital structure can consist of debt. Specifically, the firm must maintain a minimum debt service coverage – EBITDA-to-interest – of three-to-one. Put simply, the company must be making sufficient profits to cover three times its interest payments to debt holders.With the business nearing that ratio due to the lack of sales, its ability to continue relying on debt financing is quickly diminishing. While most of this new debt does not need to be repaid until after 2024, its existing obligations are coming due and may drastically affect the Carnival share price. 9,392center_img Is the Carnival share price a bargain or a trap?Assuming the company can keep up with interest payments and operations return to normal soon, then the current share price does look quite appealing in my eyes.But there is a high level of risk. Suppose the worst case comes to pass and the firm declares bankruptcy. In that case, shareholders are would experience losses, even at the current low share price.There is currently $50bn in assets on the balance sheet, $37bn of which is in the form of cruise ships. These can probably only be liquidated at an average of 40% of their reported value. Of the remaining $27.8bn, $19bn will be used to repay debts, which leaves a rough estimate of $8.8bn available to equity holders. When compared to the current Carnival share price — or $15bn market cap — shareholders are likely to experience a 46% decline in value, almost everything that was gained these past weeks. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. 2021 2025 onwards See all posts by Zaven Boyrazian 1,048 Zaven Boyrazian does not own shares in Carnival. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. 6,686 YearRest of 2020 “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more


How to make it as a sports journalist: Stephen Jones

first_img+ “Realise that if you are dedicated enough then the dream can be fulfilled.” “The job of a correspondent is to have opinions. Get off the fence every single time. Occasionally you might do it to provoke a reaction, if you get a nasty reaction then that is our fault, so opinions are huge for me. Whether they wind people up the wrong way is another matter, but I have developed a thick skin and I’m going to continue down the path I have set for myself and that is to say exactly what I think… but I am not slaughtering people week in, week out and I also enjoy writing about someone I really enjoy watching.”How does your role differ to that of your colleagues working on daily newspapers?“You have got to be careful working for a Sunday. If I say on a Monday I’ve got a great news story there are five days for your daily competitors to come up with it themselves and scupper you. So the key for a Sunday paper is to work out what has still got legs for a Sunday morning.”How do you rate the ‘state of the union’?“Sometimes you have got to ignore us old whingers because the sport is about 10 times the size of what it was! There used to be just eight members of the International Board and now there are 120 or whatever. You see things like the Spanish Cup Final attracting 35,000 or 40,000 going to games in Madagascar.In demand: Rugby has grown exponentially in the media in recent years“The game is on the rise in South America, rugby is crossing barriers in places like Rwanda and you hear there is an Iranian women’s team. Rugby does so much, then there’s the Olympics, it is monstrous. Rugby has grown like a forest fire and I cannot believe that any sport has grown so widely and so rapidly.”Stephen Jones’ top tips for a career in sports journalism:+ “Publish a blog on a regular basis – even if only five people read them at first”+ “You have got to grab people’s attention.”+ “Don’t make them too long – restrict yourself to 750 words and have the discipline to get all your thoughts in.”+ “Start at the end, not the beginning, if you are doing apiece that says is Dylan Hartley the man to captain England, then you conclude at the very start, you say Dylan Hartley is the very man and then justify yourself.”+ “Whoever you meet, even if it is a bloke in the street and you chat for two minutes,  keep every single contact in your contacts book – that is absolutely vital.”Strong opinions: The newspapers can still provoke strong reactions and influence people+ “Find your own heroes and make sure you are listening when they are speaking.”+ “Stay close to the media…go into WH Smith and see the huge range of magazines that there are, stay up with local and national radio, TV, newspapers”+ “Get on Twitter – if you’re not already”+ “Get in touch with people, don’t be afraid to write to the editors of the big papers.” By Graham JenkinsWelcome to The Forward Pass, a series of conversations with leading rugby union journalists, broadcasters, presenters and photographers who will offer the next generation of media professionals – and fans – an insight into how they cover the sport.The latest industry veteran to join host Graham Jenkins to reflect on his career journey, discuss the key decisions he has made along the way and share how he approaches his job is Sunday Times rugby correspondent and author Stephen Jones.Read extracts from the podcast and listen to the complete conversation below.Where did your rugby journey begin“My love of the sport came from my dad, he was a flanker at our local club in Newport and when he retired we would go down to watch Newport and the magic started there – and not just the magic of rugby but the magic of club rugby and what it meant to the community, because you sort of owned the team then.”And your passion for writing?“It was very much a passion for newspapers, I can remember when I was about 9 or 10, reading the big rugby paper The Western Mail and realising that these people were covering rugby, in fact it wasn’t a rugby thing or even a sports thing, I just wanted to be a newspaper journalist – the sports thing was just a lucky add on.“We’re talking about a time that when you licked your fingers the newspaper print would come off in your hands. It was a fairly basic addiction to newspapers.”Who had the greatest influence on you as a writer?“There was a very famous writer called Bryn Thomas who wrote under the by-line J.B.G Thomas. I was lucky to meet him later, I think he wrote something like 24 books and he covered all the Lions tours. He would go on Lions tours on these great Dakota aircraft and there would be dinner and drinks every night where they would have to put on their dinner jackets. It was the great era of touring and these heroic old guys gave me an almost rapturous vision of what could be.“Journalistically you tend to follow columnists, the likes of Ian Wooldridge, Hugh McIlvanney, my colleague at the Sunday Times, if anyone ever wants to be a sports journalist Hugh has done compendiums on boxing, racing, football – just the most muscular beauty in those books.”Decorated: In a forty-year career Stephen Jones (right) has won many awardsWhere did your first break come?“I must have written about 80 letters to every local newspaper you could think of, I think I even wrote to one on the Isle of Skye, asking to be taken on but didn’t get any joy whatsoever.“Then one day a friend of mine showed me Rugby World magazine and in there was an advert for a really basic journalism post – editorial assistant. It said you must be willing to learn sub-editing and picture filing, the salary was unbelievably basic as well but I applied and I got it…it was a perfect grounding.”“While I was at Rugby World I would go and do match reports for the Sunday Times as a freelance and that was where the link to the Sunday Times initially came. Every Wednesday morning the letter would come asking you to go and do this match and say how many words they wanted. I would sit by my front door waiting for the post to come because I as so thrilled and overwhelmed that I would get from the Sunday Times and have a by-line.”How have relationships with players changed?“You still have players you know well and can chat to in most teams but in general the whole thing is media managed. You have to have 10 minutes with a player, you get shipped out and someone else comes in. We are missing all the vividness and colour and characters we used to have in the old days.”Holding court: Eddie Jones talks to the written press in AustraliaDo you enjoy generating a reaction? Melee: Martin Johnson is swamped during the 2011 Rugby World Cup center_img After a distinguished career as a rugby journalist, the Sunday Times rugby correspondent Stephen Jones gives his tips on making it in the industry LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more


Top Try-Scorer In The 2020 Six Nations

first_img Six Nations Venues We give the lowdown on the six venues… Top Try-Scorer In The 2020 Six NationsTries win matches and the players that score the most are a valuable commodity when it comes to international competitions like the Six Nations.Below we have some names to look out for during the five weeks of action.England – Jonny MayThe 2019 Six Nations leading try-scorer is hard to bet against especially given how proficient he is at finishing chances.Wales – Josh AdamsThe 2019 Rugby World Cup leading try-scorer has made a habit of crossing the whitewash with regularity. In just 21 Welsh appearances he has crossed 13 times.Ireland – Jacob StockdaleHe may have struggled at the World Cup but Stockdale knows where the try-line is as shown by his seven tries in the 2018 Six Nations.France – Teddy ThomasThomas is currently the bookies favourite in terms of the top try-scorer for France.Scotland – Sean MaitlandScotland are looking to bounce back from a dour World Cup and Maitland could be one to watch in the exciting back-line.Italy – Michele CampagnaroItaly may struggle to score tries but Campagnaro’s ability to play across the back-line could see him pop up with tries.Top Try-Scorer In The 2020 Six NationsUpdated Standings Josh Adams – 3Charles Ollivon – 3 Six Nations Fixtures 2022 Six Nations Table 2021 Expand Dominant World Cup: Josh Adams scored the most tries at the 2019 World Cup (Getty Images) Collapse Six Nations Venues Six Nations Fixtures 2022center_img Jonny May – 2Vincent Rattez – 1Jonny Sexton – 1George North – 1Nick Tompkins – 1Previous Top Try Scorers In The Six Nations2019 – Jonny May – England (6)2018 – Jacob Stockdale – Ireland (7)2017 – Eight players tied (3)2016 – George North – Wales (4)2015 – Jonathan Joseph – England (4)2014 – Two players tied (4)2013 – Alex Cuthbert – Wales (4)2012 – Tommy Bowe – Ireland (5)2011 – Chris Ashton – England (6)2010 – Four players tied (3) Who is leading the way in the Six… Expand LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Six Nations Table 2021 Stay up to date with the try scorer standings for the 2020 Six Nations here. Six Nations Fixtures 2022 The 2022 Six Nations… Follow our Six Nations homepage which we update regularly with news and features.Also make sure you know about the Fixtures, Injuries, Table, Venues, TV Coverage by clicking on the highlighted links.Finally, don’t forget to follow Rugby World on Facebook, Twitter and Instagramlast_img read more


Reconciliation and the ‘beautiful game’

first_img Rector Bath, NC Rector Belleville, IL Director of Music Morristown, NJ Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Director of Administration & Finance Atlanta, GA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group By Rachel FarmerPosted Mar 3, 2016 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Bishop Diocesan Springfield, IL Submit an Event Listing In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit a Press Release Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Course Director Jerusalem, Israel Rector Tampa, FL This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Hopkinsville, KY Anglican Communion Youth Minister Lorton, VA Curate Diocese of Nebraska Rector Washington, DC Missioner for Disaster Resilience Sacramento, CA Rector Pittsburgh, PA Press Release Service Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Curate (Associate & Priest-in-Charge) Traverse City, MI Assistant/Associate Rector Morristown, NJ Rector Smithfield, NC Rector/Priest in Charge (PT) Lisbon, ME Tags Rector Albany, NY Featured Events Associate Priest for Pastoral Care New York, NY Rector Martinsville, VA Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector and Chaplain Eugene, OR Priest-in-Charge Lebanon, OH Family Ministry Coordinator Baton Rouge, LA Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Football – a universal language across Africa. Photo: Anglican World[Anglican World] Football may be a religion for some, but it is also a universal language. One clergyman from the Democratic Republic of Congo (DRC) has a vision to transform lives and he believes football can play a part in bringing reconciliation to his war-torn country.Canon Désiré Mukaniwra is a priest for Mission, Evangelism and Christian Formation ministry in the Province of the Anglican Church of the Congo, and Congo Brazzaville. A clergyman with a love of football, he explained: “I had a vision to reach out to different social groups and share the Gospel of Christ in the places where people are. Footballers are one of these groups. They spend all their time in the football field and most of them have no time to go to church on Sundays.”“An idea came to me during my mission in one of our regions where the war had been so intense in Rutshuru and I organised an outreach with the footballers.” Canon Désiré explained how he preached about God’s love to this group a few times. He said, “The war had brought tribal conflicts between people. My purpose was to bring together young people, who were being used by some people for killing others, to come together to rebuild and develop our nation for God’s Glory.” He explained that many of the children and young people in that area had been traumatised by violent rebel attacks and he believed football could help build bridges.From this small step three football teams were brought together. He said, “They played together and also heard the word of God and some came to faith in Jesus Christ. Now we are hearing the tremendous news that people are coming and working together. This is a sign of hope and reconciliation.”In addition to Canon Désiré’s work bringing together young footballers, he is also the Projects Director of Goma, Masisi and Rutshuru Archdeaconries, in Bukavu Diocese led by Bishop Bahati Balibusane Sylvestre, where he has helped set up ecumenical projects to alleviate poverty and enhance the lives of people returning to the area after the war. His school for orphans in Goma is just one of the projects which came to the attention of the mother of a UK footballer.Kathy McQueen, whose son Sam, plays for English premier league football team Southampton FC, visited the country last year as part of a team from the charity Flame International working with church leaders at a national conference. One afternoon Kathy and Désiré found themselves kicking a ball around with local children and their shared vision to make a difference to young people through football became the topic of conversation.She said, “I extended my trip to visit some projects. Everywhere we met people with stories of some experience of violence, loss or trauma. The Congo is one of the most traumatised places on earth – 40 per cent of the women have been raped. But there was also a huge lack of the most basic things – people didn’t have enough food for their children or medical supplies and the help they have offered is all run on a shoestring.” She said Canon Désiré struggles to keep the school open due to lack of funding. “His wife, Claudaline, runs a tailoring business,” she said, “If she doesn’t sell enough dresses they don’t have enough money for food that week. But he still dreams of each pupil having a laptop and the school having a football team!”Other projects run by the church include an adult literacy programme, growing of Irish potatoes, women’s handicraft project and a tailoring project. Canon Désiré said, “We thank God, because all the actions are bringing about change with tangible impact in terms of spiritual, social, economic, visible unity and reconciliation. And the footballers, who are also poor, are joining these projects when they are free, which helps with their self reliance as well.”Kathy’s dream is to connect UK football players with children in the DRC and set up a mentoring or sponsorship programme. “My hope it that there would be some financial link and the massive wealth of the football industry would be invested in the lives of children in the DRC. These players could be great role models for the children.”Canon Désiré and Kathy are not alone in their dream. Co-director of the Anglican Alliance, the Revd Andy Bowerman, who is also chaplain to Southampton FC, recently brought together a group of people interested in how football might be used for transformation and reconciliation. He said, “Wherever I go travelling around the world I see children playing football with anything. Perhaps football’s main contribution to conflict resolution is its universality; it crosses frontiers inspiring and motivating children.”Andy believes sport can play an important role in maintaining open channels of communication in places of conflict and tension. The Archbishop of Canterbury, Justin Welby, has given his backing to the emerging initiative and said, “I hope that we can develop something that goes with sport and goes with reconciliation and peacemaking.” The football for reconciliation and development initiative aims to research and map existing programmes, networking and articulating the Church’s distinct role in football in development, holding a regional consultation at a future date.This article first appeared in the February 2016 edition of Anglican World, the quarterly magazine of the Anglican Communion. You can subscribe here. Canon for Family Ministry Jackson, MS Priest Associate or Director of Adult Ministries Greenville, SC Rector Collierville, TN Featured Jobs & Calls Assistant/Associate Priest Scottsdale, AZ Reconciliation and the ‘beautiful game’ Cathedral Dean Boise, ID Associate Rector Columbus, GA Associate Rector for Family Ministries Anchorage, AK New Berrigan Book With Episcopal Roots Cascade Books Rector Shreveport, LA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector (FT or PT) Indian River, MI Assistant/Associate Rector Washington, DC Submit a Job Listing Rector Knoxville, TN last_img read more


Harvey seeks meeting on Stranorlar housing crisis

first_img Twitter Google+ Stranorlar area Councillor Cora Harvey has described the housing crisis in the Stranorlar Electoral Area as totally unacceptable, and says that urgent action needs to be taken.Cllr Harvey has requested a meeting with the County Manager in a bid to address some of the problems being faced by the Housing Section team in the Stranorlar area.She says at present, there are only 14 available dwellings and a waiting list of 500. However, she claims, there are council houses lying vacant that are not being allocated because the resources are not there to process the applications and to make the relevant assessments. This, she says is unacceptable and must be rectified. By News Highland – December 6, 2009 RELATED ARTICLESMORE FROM AUTHOR Google+ News Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Harvey seeks meeting on Stranorlar housing crisiscenter_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter Pinterest Previous article2,500 Apprentice Boys marching in DerryNext articleWoman killed in County Derry crash News Highland Facebook Pinterest Need for issues with Mica redress scheme to be addressed raised in Seanad also WhatsApp 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Minister McConalogue says he is working to improve fishing quota last_img read more


Seanad told Moville plan must be backed with community supports

first_imgAudioHomepage BannerNews Facebook WhatsApp Pinterest The Seanad has been told that without consultation and community supports, the imminent arrival of up to 100 asylum seekers in Moville eill be deeply unfair to both the refugees themselves and also the local community.Senator Padraig Mac Lochlainn told the house the core of the problem is that because of restrictions on peoples’ movement, transport to Dublin will be a major issue, and it seems that’s something that hasn’t been factored into the planning…………Audio Player Up/Down Arrow keys to increase or decrease volume. By News Highland – November 15, 2018 Derry draw with Pats: Higgins & Thomson Reaction Pinterest Facebook Twitter Previous articleGroup established to welcome asylum seekers to MovilleNext articleMother of on the run prisoner believed to be in Donegal loses half surety News Highland WhatsAppcenter_img Journey home will be easier – Paul Hegarty RELATED ARTICLESMORE FROM AUTHOR Google+ News, Sport and Obituaries on Monday May 24th Twitter DL Debate – 24/05/21 FT Report: Derry City 2 St Pats 2 Google+ Harps come back to win in Waterford Seanad told Moville plan must be backed with community supportslast_img read more


5 dead after Northern California wildfire engulfs vehicles, officials say

first_imgiStock/Thinkstock(NEW YORK) — Five people were killed when a wildfire engulfed their vehicles in Northern California, authorities said.The Butte County Sheriff’s Office said the victims were found in scorched vehicles Thursday in the town of Paradise, where the Camp Fire has ravaged entire neighborhoods.The blaze ignited Thursday morning in Pulga, a community in Butte County nestled in the Plumas National Forest, and strong winds fanned the flames overnight.This is a breaking news story. Please check back for updates.Copyright © 2018, ABC Radio. All rights reserved.last_img


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