Sweden’s state pension buffer funds have called four major Nordic banks and Swedish regulators together to decide how to tackle financial crime and money laundering, following a number recent cases involving Nordic banks.AP1, AP2, AP3 and AP4 – as well as the Council on Ethics, which oversees responsible investment policy for the four funds – engaged with Nordea, SEB, Handelsbanken and Swedbank.The council said chief executives from the four banks had agreed at the event that the risk of money laundering had been underestimated in the past and that dialogue between regulators and banks must be improved.Ossian Ekdahl, president of the Council on Ethics, said work against financial crime was a particularly important issue: “We want to have an influence and see that this has been a good step towards dialogue.” Sean Cory, partner at consultancy Oliver Wyman, added that Sweden should follow the example of other countries and explore opportunities for increased information sharing and closer co-operation between banks and authorities. Swedbank has made several senior staff changes following a money laundering scandalParticipants at the seminar agreed that banking secrecy, the principle of public disclosure, and the current framework for reporting of financial and transaction information all needed to be reviewed, the Council on Ethics reported. Co-operation between banks, regulators and criminal investigators was a priority issue, it added.Training of staff, investment in systems and digitisation, and spreading customer knowledge were important tools in the fight against money laundering, the council said. Though the risks had been underestimated before, it said that today, billions had been invested to detect and prevent money laundering.Share price falls for both Swedbank and Danske Bank amid major money-laundering scandals at the banks have hit pension fund portfolio values and dented confidence in the Nordic financial sector in the past two years.Further readingPension funds act as Nordic drama engulfs Swedbank Sweden’s largest pension funds were thrust into leading roles in a money-laundering scandal earlier this year, as Swedbank was raided by fraud investigators and forced to fire its CEOATP: A very Danish scandal Media coverage of a financial scandal in Denmark last year led the resignation of ATP CEO Christian Hyldahl, while the uncovering of unethical behaviour at Danske Bank’s Estonian subsidiary also added to negative perceptions of Danish financial institutions
Statewide — The Indiana State Department of Health (ISDH) has reported that 897 additional Hoosiers have been diagnosed with COVID-19 on Monday. A total of 94,196 Indiana residents have tested positive for the coronavirus. To date, 1,076,947 individual tests have been reported to ISDH at an 8.7% positive rate and 5 new deaths were reported for a total of 3,077 Hoosier deaths. Dearborn County has a total of 574 cases and 28 deaths reported (up 3 new cases), Decatur County has a total of 399 positive cases and 35 deaths (up 1 new case), Franklin County has 274 positive cases and 24 deaths (up 1 new case), and Ripley County has 245 positive cases and 8 deaths (up 1 new case). Locally, this is an increase of 6 new positive cases.
RelatedPosts Lampard: I still have confidence in Tomori EPL: Chelsea, Liverpool in cagey duel Aguero could be out of action until November, Guardiola says Chelsea ace Tammy Abraham is reportedly attracting interest from Manchester City. Manchester City are reportedly interested in Tammy Abraham with the Chelsea star having impressed this season. Abraham’s contract at Stamford Bridge does not run out until June 2022 though reports suggest he is stalling over signing a new deal. Abraham is believed to be demanding a £180,000 per week contract from the Blues, which would represent a significant rise. And Le10Sport claimed that Manchester City have been alerted to the difficulties that Abraham is facing in his negotiations with Chelsea. It’s reported that the Etihad outfit have expressed their interest and could open discussions in the coming months. Abraham has scored 12 Premier League goals this season having been trusted by Blues boss Frank Lampard to lead the line at Stamford Bridge. And Lampard recently praised his striker following his impressive start to the season. “He’s a personality that’s growing in our dressing room every day with his enthusiasm and his will to win,” said Lampard. “Tammy is a striker that’s near the top of the goalscoring charts in the league, he’s showing his all-round game, stretches defences, and he starts our press. “And of course if a player’s on such a good run it’s normal that if they go out of the team that you can miss them, and today he came straight back in as he left off.” And when asked if he will challenge Abraham to hit a specific goal tally, Lampard said: “No, I don’t think I need to, he’s a hungry boy. “I never set targets, it’s too much jumping into the future. “All you say is, as they come, game after game, can you keep scoring, can you stay hungry and what can you do for the team. At the minute he’s doing it and he’s scoring goals.” And Abraham has spoken about how he prepares for matches. The striker himself said: “For me in my spare time I go on Youtube and watch all the best strikers in the world play in this competition, stealing their ideas and adding it to my game. “I watch so many players. Harry Kane, (Sergio) Aguero, (Roberto) Firmino, these are Premier League strikers obviously but also (Robert) Lewandowski and all sorts and players who have played in this competition before.”Tags: EtihadFrank LampardLe10SportManchester CityStamford BridgeTammy Abraham
The reactions from Kohli and the Indian cricket team are a bit worrisome. When it came to the dominant Australia and West Indies teams of the past, they never relied on the conditions for results. They relied on skills from both the bowlers and the batsmen to get the better of the opposition every single time. The Australian team’s dominance in 1999, 2003 and 2007 World Cups was due to having so much skill in the batting and bowling which took the conditions out of the equation.If India are to achieve great success in the 2019 World Cup, they have to look beyond the conditions. They have to back the skill when it comes to bowling and batting. Kohli, Rohit Sharma and Shikhar Dhawan back themselves to the hilt with their skills along with MS Dhoni. Jasprit Bumrah had an off day in Mohali, with the Australians acknowledging that they still played him purely out of respect. These four players will have to lead the way to help India get confidence on the big match day in the ICC Cricket World Cup. No Plan B a big problem India have great depth in the batting and bowling. This current situation has prompted many to label Kohli as the captain with a good headache called the ‘problem of plenty’. However, this has also resulted in a twist. The problem of plenty has resulted in some dodgy selection issues in the past. In the England, South Africa and the Perth Test against Australia, Kohli played the wrong team and India got hammered. However, the biggest problem for India is the lack of plan B in some departments. In the Hamilton ODI, the top-order was absolutely blown away by Trent Boult and they were all out for 92. Even in the 2017 Champions Trophy, the top three who were so dominant were blown away by Mohammad Amir and the middle order floundered. When Australia has gone after Kedar Jadhav in both Ranchi and Mohali, the absence of the fifth bowler has hurt them and there is no Plan B in the absence of Hardik Pandya. When Kuldeep Yadav and Yuzvendra Chahal are taken to the cleaners like how it happened in Mohali, Kohli does not have a back-up plan to stem the flow of runs. In the event Pandya is injured in the World Cup, Kohli’s back-up is on dodgy ground for Ravindra Jadeja’s bowling and batting is on the wane. Rishabh Pant’s struggles in the Mohali game underline the fact that MS Dhoni will be the mainstay throughout the tournament and India will be praying that he does not break down. For India to become a great team, they must take the conditions out of the equation and perform. An extra layer of buffer gives them assurance in case any of the departments fail. Of course, luck plays a vital part in the entire set-up. Perhaps, the Indian cricket public might get paranoid about India’s prospects after suffering two consecutive losses at home for the first time in seven years. A win in Delhi might drown out the questions but they will still float when the World Cup comes closer. A loss in the final ODI will only make the questions bigger and bolder. DISCLAIMER: The opinions expressed by the author in this article are personal. News Nation does not purport to reflect the opinions or views of the organisation or its members. highlights India has not lost to Australia at home since 2009.India has lost two consecutive games in a home bilateral series for first time since 2012.The ICC Cricket World Cup begins on May 30 in England. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: Things were looking rosy for the Indian cricket team in the first three months of 2019. The year was important for this was the ICC Cricket World Cup which will be played in England. A win in Australia for the first time, a win after 10 years in New Zealand and a victory in the first two ODIs in Hyderabad and Nagpur signalled a period of dominance for Virat Kohli’s Indian cricket team. However, the tide started to turn. In Ranchi, Australia clicked as an all-round unit and they managed to win despite a record century from Virat Kohli. In Mohali, Australia achieved a feat that they had never achieved even when they had Matthew Hayden, Adam Gilchrist, Ricky Ponting and other legends. A group of inexperienced players helped Australia chase down 359, the highest by a visiting team in ODIs ever. The reactions from Virat Kohli following the losses pointed out to the blame in conditions. In Ranchi, he said, “We were told there was going to be dew around 7-7 30, but there is not a drop of dew on the ground even now. I got that calculation wrong a little bit.” In Mohali, Kohli faced the other extreme. “Last game, we were told there would be dew and we were at the wrong side of that. we have been on the wrong side of the dew twice in two games. It was very difficult to bowl in the end.”
By Simon EvansMANCHESTER, England (Reuters) – After UEFA’s attempt to ban Manchester City from European football was overturned by sport’s highest court on Monday, the continental governing body’s Financial Fair Play (FFP) system, under which they were charged, faces likely changes.FFP regulations aim to stop clubs running big losses through spending on players but, after 11 years, UEFA was already examining possible changes before the Court of Arbitration for Sport (CAS) backed City’s appeal against a two-year ban.UEFA accused City of “serious breaches” of its FFP rules in information submitted to the governing body between 2012 and 2016 and banned the club from European competition for two years.But CAS ruled that those allegations were either “unproven” or “time barred”, as UEFA’s own rules placed a five-year statute of limitations on prosecutions. Some of the cases may also have been covered under a “settlement agreement” UEFA and City entered into after a previous probe ended in 2014.It will not be clear until CAS’s full decision is published in the coming days how many of the cases were ruled out as time-barred and how many were unproven.But the fact that such a high-profile case ended in failure for UEFA — with even City’s fine for “non-cooperation” with the investigation cut by the two thirds to 10 million euros ($11.33 million) — is a defeat for UEFA’s Club Financial Control Body (CFCB). The ruling did not, however, make a judgment on the FFP system itself.“There is no suggestion of a finding that the legal basis of FFP is somehow invalid. That means that whilst this result may embarrass UEFA, it does not appear to undermine the legality of the FFP rules themselves,” Christopher Flanagan, managing editor of the International Sports Law Journal, told Reuters.LIKELY CHANGE UEFA was quick to defend the FFP system, which was introduced by the European governing body’s former president Michel Platini in 2009.“Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable and UEFA and ECA (European Club Association) remain committed to its principles,” UEFA said in a statement.But at UEFA’s congress in Amsterdam in March, the body’s president, Aleksander Ceferin said the system is likely to be changed.“Its too early to say how it will look in the future but we are thinking about it and will probably have to adapt,” he told reporters. While the system was created to stop clubs going into debt, critics believe it may have created a closed ‘elite’ with clubs outside the traditional powerhouses limited in their ability to build teams.Ceferin said change was on the agenda. “It has been very successful as a system. There are almost no losses in European football anymore and now we will probably have to adapt to different times,” he said.“Our experts are in discussion but changes will not happen very soon, I assume.”What form the changes take remains to be seen, but some supporters of the system believe it has simply become too complicated. “Sometimes, to tell the truth, it is not easy for us either to respond on questions regarding FFP because we don’t understand as well,” Karl Heinz Rummenigge, chairman of Bayern Munich said in 2015.But Lars-Christer Olsson, president of the European Leagues organisation, has warned against getting rid of the system altogether.He said that ending FFP would be “the opportunity for the richest clubs to widen the gap. This would take us back to the time where the clubs had debts which continued to build … and that would be detrimental.”
A new master’s program has been developed by the USC Rossier School of Education, the Master of Education in Learning Design and Technology. The new program will come into effect this fall. It is an online program that mixes live classes with individual work.The program requires its participants to complete 30 units and 20 months of coursework. It is meant for people who want to begin careers in online learning, instructional evaluation and design and corporate training. The courses will be planned for times that work with the schedules of those with full-time jobs.The curriculum was created by an advisory panel comprised of USC faculty from a variety of disciplines, including psychology, neuroscience, education and instructional design.
Sophomore Xiaoke Ying said participating in quiz bowl tournaments in high school prepared her for competing in Jeopardy’s College Championship. As a finalist, she will have the chance to win the $100,000 grand prize. (Photo courtesy of Jeopardy Productions, Inc) “I don’t play a lot of video games, but I do watch a lot of “Let’s Play”s and things like that, so when I saw that [category] and I was able to get those answers I was really glad about it,” Ying said. “All of us who were there have become really close, and we still talk every day in a group chat, and we have Zoom calls almost every week,” Ying said. “She’s very strong, she’s a very determined player — we love that,” Nusu said. “She has a vast knowledge of many different subjects, which also works to her benefit, and she was just very energetic and fun and what we were looking for [in] the show.” – “[Ying] is just generally a good all-around player whereas a lot of people have specialties when it comes to quiz bowl. We’ll usually have a kid that’s a history specialist, another person that’s a literature specialist and so on,” Schultz said. “She works as an all-around person, she could answer questions in every category.” Ying taped her matches over two days in February at Sony Pictures Studios in Culver City before Gov. Gavin Newsom implemented the stay-at-home order, which requires Californians to stay indoors as much as possible to help curb the coronavirus outbreak. “We’re looking for contestants that are having a lot of fun with their audition, who know how to play the game,” Nusu said. Christopher Schultz, Ying’s high school quiz bowl adviser, emphasized her versatile trivia knowledge as vital to her success on “Jeopardy!” “I was on quiz bowl and history bowl all four years and that was definitely a great experience with friends and it definitely did help with trivia knowledge,” Ying said. “I think everyone who was competing had been on quiz bowl in high school.” “Over the course of the time that she was at Arcadia High School, she played in 27 tournaments, which is a lot and ended up being more than any other player that we’ve had in the last [few] years or so,” Schultz said. “Jeopardy!” films a week’s worth of episodes per day, so the entire College Championship occurred over 48 hours. Ying said the marathon taping style left her waiting to film her match most of the day. Ying said that while she knew most of the responses to the questions, buzzing in quickly proved challenging under pressure. Schultz also said that Ying consistently competed in quiz bowl tournaments against other high schools throughout her four years on the team. She also went with one of the two qualifying teams from Arcadia to the National Academy Quiz Tournament her sophomore through senior years. “I wasn’t very strong in [the category] because I don’t know my presidents very well, so I figured I should just try and lose as little money as possible,” Ying said. According to Nusu, it was Ying’s dynamic audition that helped land her a spot on the show. Ying will compete in the two-day championship final Thursday and Friday against students from the University of Minnesota and Indiana University. Ying said the greatest asset for her “Jeopardy!” performance was participating in quiz bowl while attending Arcadia High School, an academic competition that tests participants on general knowledge topics, including history and literature. To secure a place on the show, Ying first took an online test of 50 general knowledge questions after receiving an email about trying out for the program in October. Based on the results of the test, she then attended an in-person audition in November, which included a written exam, screen test and short interview. Ying came in third in her quarterfinal match, but her final score of $12,800 qualified her as a wild card in the semifinals. She said the win in her second match came as a shock after trailing her two opponents most of the game. While Xiaoke Ying never watched “Jeopardy!” growing up, an email advertising the popular game show in October piqued her interest as a trivia lover. While the taping days felt long, Ying said the “Jeopardy!” crew kept the contestants focused between rounds. The coordinators helped quell any anxieties about going on live television by offering general encouragement and advice on speedily answering questions. “It definitely felt surreal,” Ying said. “It also felt nice that now there would be some female representation in the finals.” Months later under the blaring fluorescent lights of the Jeopardy set, Ying competed against two students from Yale University and University of Texas at Austin, fielding questions on topics such as world history and American literature. “The contestant coordinators are all really great, and they come on during commercial breaks and before Final Jeopardy! to give you a pep talk and … that really made it so much better when you might be nervous about it,” Ying said. “In terms of the questions, I think almost all the contestants know all the answers,” Ying said. “It’s just a matter of plugging in.” Ying said that while she took the competition seriously, she most enjoyed befriending the other contestants. “I didn’t prepare much beyond what I usually do, just reading whatever I find interesting and absorbing that information,” Ying said. Ying said the video game category helped her find her footing. She answered clues on the classic arcade game “Q*bert” and the game series “The Last of Us” correctly. “I didn’t realize that we would be stuck in the green room all day because we weren’t allowed to watch prior episodes, so that was kind of a tiring experience,” Ying said. After learning she qualified for the tournament, Ying only brushed up on her geography, taking online quizzes on state capitals and bodies of water for 30 minutes a day a few weeks before the competition. But she didn’t prepare too intensely for the taping as she typically follows current events to hone her trivia knowledge. Ying, a sophomore majoring in business of cinematic arts, won her semifinal matchup of “Jeopardy!” College Championship Wednesday. Ying went into Final Jeopardy in third place with a score of $10,200. Ying and the two other semifinalists answered the final question on presidential geography incorrectly, but Ying wagered only $2,000, while her opponents bet the majority of their earnings, securing her a place as a finalist. “Jeopardy!” senior contestant coordinator Corina Nusu said the second stage of the audition process narrows applicants down to 200 potential contestants. The coordinators then chose 15 college students from schools across the country to compete for the $100,000 grand prize. “I was pretty nervous about doing well and not disappointing people who knew I was gonna be there,” Ying said. Ying felt proud of her performance in her first match despite her nerves.
That gets under at Stade Yves-du-Manoir at 3:15pm. First up, in Pool 5, Ulster go to Ian Madigans Bordeaux-Begles at 1pm.After their derby-day disappointment against Leinster at the Aviva Stadium last week, Munster travel to Racing 92.The game also sees them meet up with former Munster hero and Racing assistant coach Ronan O’Gara.
By Chinedu Eze The Delta State Governor, Senator Ifeanyi Okowa, has inaugurated a 17-man task force to check human trafficking and irregular migration in the state, with the Commissioner for Justice and Attorney-General of the state, Barrister Peter Mrakpor, as Chairman. The inauguration of the task force by Okowa in Asaba, recently, was witnessed by the Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Mrs Julie Okah-Donli. In his comment, Mrakpor, thanked the governor for the opportunity given him and his team to serve the state and humanity.“We will do our best to carry out our functions without fear or favour,” he said. Other members of the task force are Nduka Nwanwenne, Omatsola Williams, Patrick Ukah, Mercy Almona-Isei, Genevieve Mordi, Commissioner of Police, Yinka Adeleke, M.N. Otubu, Ibrahim Liman, Ameh Ocheja, Benito Eze, Charles Oliogu, Daniel Usifor, Azuka Onyebo, Julius Olomukoro, Carolyn Usikpedo and Felix Ofou.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Speaking at the ceremony, the governor said the inauguration of a task force became necessary because of the rising number of trafficked persons from the state. “We are very worried as a state that we occupy high position among the states affected by human trafficking and irregular migration; we are committed as a state to stem the tide that is why we are setting up this serious task force. “We need to reach out to our people and discourage them from seeking greener pastures that do not exists; irregular migration and human trafficking are evils that have visited our state and it must be checked. “We will need to get the church, the traditional institution, the youths, all relevant groups to be involved; we need partners for the message to get to a lot of persons within the shortest possible time to check irregular migration and human trafficking,” he stated. While stressing his administration’s preparedness to carry out reintegration programmes for those who return, Okowa assured the state indigenes that, “We have chosen the right set of persons to be members of the task force and we congratulate them believing that they will carry out their functions diligently.” Also speaking at the occasion, Okah-Donli commended Okowa for his determination to check human trafficking and irregular migration.She enjoined the members not to see the task force as money making venture. “The task force is not a money making venture but, a service to humanity. It is expected that the task force will use the platform to prevent human trafficking, support and protect trafficked persons through a more coordinated approach in the state; develop strategies and state action plans on counter-trafficking issues, carry out programmes for effective reintegration of trafficked victims into the society, work with the state Ministry of Justice on how to protect, assist and provide access to justice for victims of trafficking, among others.”
Jose Suarez’s rocky start sinks Angels in loss to Astros Angels’ poor pitching spoils an Albert Pujols milestone Shohei Ohtani’s reaction to the end of his 2020 season was steeped in perspective.“This time it’s not as severe as when I needed Tommy John surgery,” Ohtani said through his interpreter on a Zoom call with reporters Wednesday. “It’s just a little inflammation in the elbow. I’m trying to get back on the mound.”Ohtani was told not to throw for 4-6 weeks Monday after an MRI revealed a grade 1-2 strain of the flexor pronator mass. He’s likely to be limited to designated hitter duties the remainder of the season, beginning Thursday in Seattle.In the second inning of his most recent start Sunday, Ohtani threw 42 pitches while recording only two outs. His fastball sat at 93 mph until he faced George Springer, his last batter of the game, and could not touch 90 on the radar gun. Ohtani stopped short of saying he began to feel discomfort while pitching to Springer.“I’m not sure if it was pain, but I’ve always felt tightness throughout this rehab,” he said. “It’s hard to differentiate the tightness, the soreness and the pain. I knew I wasn’t going to be able to throw 100 mph again without tightness, soreness or pain. I’m just taking this as part of the program.”Shohei Ohtani #17 of the Los Angeles Angels tosses balls back during batting practice before a game against the Seattle Mariners at T-Mobile Park on August 5, 2020 in Seattle, Washington. (Photo by Lindsey Wasson/Getty Images)Ohtani did not pitch at all last season as he recovered from Tommy John surgery, but he appeared in 106 games as the Angels’ DH and swatted 18 home runs. As a pitcher, Ohtani was a radar gun darling before the ligament-replacement procedure. He took a perfect game into the seventh inning of his second major league start.Ohtani conceded he did not expect to be that pitcher in 2020. He faced six batters without recording an out in his first start of the season, July 26 in Oakland. Afterward, Manager Joe Maddon told Ohtani to “have fun.” But without the health he enjoyed prior to undergoing surgery in 2018, Ohtani said, that was impossible. Angels offense breaks out to split doubleheader with Astros Angels’ Mike Trout working on his defense, thanks to Twitter Angels’ Shohei Ohtani spending downtime working in outfield “I was going to be on an inning limit, a pitch limit, this year,” he said. “I was taking it as part of my rehab process. I still have the hitting part of the game, which I need to focus on.”Ohtani took batting practice at Safeco Field on Wednesday and said the discomfort did not affect his swing. Still, Maddon erred on the side of caution by giving him an extra day’s rest.The Mariners will send a right-handed pitcher, Taijuan Walker, to the mound on Thursday. Delaying Ohtani’s return allowed him to avoid lefty Marco Gonzales, who hasn’t allowed a hit to Ohtani in 10 head-to-head plate appearances.As for whether Ohtani will pitch again, that’s a question for another day.“If the possibility is there,” he said, “obviously I still want to try.”LINEUP CHOICESJustin Upton served as the Angels’ DH against Gonzales, but Ohtani figures to grab the bulk of DH duties the remainder of the season with fewer days off to pitch.Now, Upton and Brian Goodwin are slated to platoon in left field with rookie Jo Adell in right.“It’s going to be more difficult,” Maddon said of dividing DH at-bats. “In a perfect world, we’re going to have everybody well and figure out creative ways to solve it.”Adell has hit seventh in each of his first two major league games, and Maddon said he wants to keep Adell there for now.“I like the seventh hole as a break-in spot. If he were to get extremely toasty I might try something differently.”ALSOShortstop Andrelton Simmons is eligible to return from the injured list Friday, but he’ll need more time to recover from a left ankle sprain. Maddon said there is no “finish line” for his return. … The Angels haven’t announced their starting rotation for the weekend series against the Texas Rangers. In his pregame Zoom call, Maddon said he had not decided whether they will use a five- or six-man rotation in Ohtani’s absence. … Reliever Kyle Keller was optioned to the Angels’ alternate training site to make room for right-hander Julio Teheran, who was activated from the disabled list to make Wednesday’s start. … Luis Rengifo was thrown out at second base on the tail end of an inning-ending double play in the second inning Tuesday. Maddon partially blamed the Angels’ dugout for exhorting Rengifo to run, which might not have been an issue in another season. “In a loud ballpark, he probably would not have heard that and not have gone,” Maddon said. “The moment it was hit, we all thought it was going to fade and fall on the grass. So it wasn’t horrible on his part.”Related Articles Newsroom GuidelinesNews TipsContact UsReport an Error