first_img1 April 2009South African consumer confidence rebounded in the first quarter of the year despite the global economy deteriorating further since November 2008, with the FNB/Bureau for Economic Research (BER) consumer confidence index rising by five points.According to First National Bank (FNB) and the BER, economic growth has contracted sharply in many countries, with share prices collapsing and millions of workers losing their jobs.“The global economy is heading for its biggest contraction since the Second World War,” First National Bank chief economist Cees Bruggemans said in a statement this week.“Consumer confidence has dropped to record lows in the USA. In light of these developments, the increase in the [FNB/BER index] bucks the US trend.”Positive developmentsAccording to Bruggemans, a number of developments supported consumer confidence in South Africa during the survey period and partly explain the increase in consumer confidence.This included the 150 basis point interest rate cut since December, with prospects for further declines (the survey was conducted before a further 100 basis points cut was announced on 24 March); a drop in the petrol price between November and February; the decline in inflation; a relatively stable rand exchange rate; and a confidence boosting national Budget announced on 11 February.“The Budget was positive for households,” Bruggemans said. “Households will benefit indirectly, as the fiscal stimulus partly counters the slump in economic activity.”The Budget included a number of measures to increase the disposable income of households directly, such as the additional R13-billion set aside for social grants and the R4.1-billion for the expanded public works programme.“Furthermore, the personal income tax scales were adjusted to fully compensate for inflation,” he said. “However, the increase in the fuel levy will partly offset the benefit of the tax rate adjustment.”Economy, households, durable goodsThe FNB/BER consumer confidence index survey is based on three questions, namely the expected performance of the economy, the expected financial situation of households, and the appropriateness of the present time to buy durable goods (such as furniture, appliances, electronic equipment, and motor vehicles).Despite the net percentage of consumers rating the present as an inappropriate time to buy durable goods remaining more or less unchanged relative to the fourth quarter of 2008, the net percentage expecting their own finances and the economy to improve during the next 12 months increased.The own finances sub-index increased from +9 to +15 and the economic performance sub-index from -5 to +4.“The reason why the own finances sub-index increased during [the first quarter of 2009] is probably because the positive impact of the interest rate cuts, lower petrol price and national budget fully countered the adverse impact of the job losses and fall in house prices,” said Bruggemans.High debt, no creditPossible reasons why consumers continued to rate the present as an inappropriate time to buy durable goods are their high debt burdens, increased difficulty in obtaining credit, a stock effect and the decline in residential building activity.The low level of the time to buy durable goods sub-index indicates dismal growth in spending on durable goods, Bruggemans said, adding that credit spending would also remain weak.“With the time to buy durable goods sub-index low and the economic performance and own finances sub-indices high, any rise in real disposable income should lead to increased consumer spending on non-durable goods and services,” he said. “Such a rise in real disposable income could happen if the positive impact of the lower interest rate and inflation continues to outweigh the negative effect of job losses.”SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

first_imgThe annual High School Certificate Examination-2019, to be conducted by the State Board of Secondary Examination, will begin from February 22 next year. Board president Jahan Ara Begum on Friday said that the Matriculation examinations for all the streams will continue till March 8. Practical examinations will be held between February 11 and February 16, Ms. Begum said.She added that examinations equivalent to Matriculation in the State such as Madhyama Exams for Sanskrit students and State Open School Certificate Examinations (for drop-outs) will be held during the same period. Over six lakh students will appear for the HSC exams next year, sources said, adding that examinations would be held on the scheduled dates between 9 a.m. and 11.30 a.m.last_img read more

first_imgLIST: Class, gov’t work suspensions during 30th SEA Games Out for more than six months because of a hip injury, Pingris practiced for the first time on Monday as the Hotshots were preparing to slug it out with Phoenix Petroleum in two days, seeking to keep their immaculate elimination round slate intact.But coach Chito Victolero is not about to rush his ace power forward back into action.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“He needs to get his timing back,” Victolero said.“Relatively, he played well (in practice), but we will not rush him. He needs to get his rhythm back and hopefully, he can rejoin us soon.” Pingris went to the United States for rehab and therapy and will definitely be of big use to the Hotshots, who were ousted in painful manners in the Philippine Cup and the Commissioner’s Cup.Star has the tools to go all the way and has been in all pre-conference hypes because of a solid roster that could rival San Miguel, which claimed the Hotshots’ scalps in the Commissioner’s Cup Final Four before winning the championship over TNT KaTropa.With a 3-0 record, Star is the only unbeaten team in the ongoing season-closing conference.ADVERTISEMENT UPLB exempted from SEA Games class suspension WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LATEST STORIES Busmen seek repeat over Tajik club Read Next Catriona Gray spends Thanksgiving by preparing meals for people with illnessescenter_img Brace for potentially devastating typhoon approaching PH – NDRRMC SEA Games in Calabarzon safe, secure – Solcom chief PBA IMAGESStar, the team tipped to give Grand Slam-seeking San Miguel Beer a run for its money in the PBA Governors’ Cup, is about to get a much-needed boost.Marc Pingris, the hard-nosed anchor of the Hotshots’ defense, is set to make a return to active play within the next two games at the soonest as Star tries to crack a championship series for the first time this season.ADVERTISEMENT SEA Games: PH’s Alisson Perticheto tops ice skating short program MOST READ Don’t miss out on the latest news and information. LOOK: Venues for 2019 SEA Games View commentslast_img read more

first_imgRead Next Mary Anne Esguerra added 13 points while Necole Ebuen and Reginal Arocha chipped in nine each.Arellano coach Obet Javier said the Lady Chiefs’ experience in the Reinforced and Open Conferences of the league organized by Sports Vision is starting to bear fruit.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“I told them to use their PVL experience and help motivate their younger teammates,” said Javier.Earlier, La Salle and UST hurdled their respective rivals in the men’s side of the season-ending conference. Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Brace for potentially devastating typhoon approaching PH – NDRRMC Kammuri turning to super typhoon less likely but possible — Pagasa WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding SEA Games in Calabarzon safe, secure – Solcom chief Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH CONTRIBUTED PHOTOThe battle between current and past NCAA champions turned one-sided in favor of Arellano, which plastered St. Benilde, 25-20, 25-22, 25-17, Saturday at the start of the Premier Volleyball League Collegiate Conference at Filoil Flying V Centre in San Juan.Jovielyn Prado led the Lady Chiefs with 14 points in the rematch between semifinalists of last NCAA season’s tournament.ADVERTISEMENTcenter_img LOOK: Venues for 2019 SEA Games WATCH: LeBron James rocks Manila for third time View comments UPLB exempted from SEA Games class suspension MOST READ LATEST STORIES The Green Spikers fought back from a set down to turn back the St. Benilde Blazers, 25-27, 26-24, 25-23, 25-22, while the Tigers dominated the UP Maroons, 25-17, 25-22, 25-15.Meanwhile, junior volleyball gets a big shot in the arm as the UAAP and Sports Vision joined hands for the tournament that starts Sept. 9.Unlike in previous seasons where the UAAP juniors competitions are held at school gyms, the girls’ and boys’ tournament will now be played at Filoil Flying V Center in San Juan.“In our continuing effort to develop the sport, particularly our young players, we will provide them good playing conditions which will help raise the level of competition,” said Sports Vision president Moying Martelino.The matches will be played in between the men’s and women’s games of the Collegiate Conference every Monday, Wednesday and Saturday.ADVERTISEMENT Catriona Gray spends Thanksgiving by preparing meals for people with illnesseslast_img read more

first_imgTrending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Nonong Araneta re-elected as PFF president Only six of 36 teams in a title series that went 0-2 down have gone on to reverse the outcome, but coach Norman Black said his Bolts are going to take inspiration from one of those teams that made the biggest comeback of all time.“Most of the teams down 0-2 have not won the championship,” Black admitted. “But we saw a team 0-3 down to win the championship. Until they (Gin Kings) win that fourth game, we will go out there fighting.”Black was talking of San Miguel Beer, which rallied against Alaska last season in this same tournament to win the championship by taking the last four games.The Meralco coach is not doubting his players as far as effort is concerned, actually praising them for going all out each game.“These are my players, and I’m sure they are trying their best. They are not performing the way they did in the elimination round, and I am sure [the] Ginebra [defense] has a lot to do with that,” Black said.ADVERTISEMENT Fire hits houses in Mandaluyong City Read Next Black better find a Pacquiao in his players quick, or, in using a boxing term to describe this series many saw to be close and tipped to go deep, this one would most likely not go the distance. “We took a big punch from them early in the game and survived that,” Cone said. “We managed to make it a possession-by-possession game [in the closing minutes] and had a good closing kick.”The analogy came a few minutes later, just after he praised LA Tenorio and the other Kings for a job well done.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“I’m just glad it wasn’t Manny Pacquiao who gave us that punch there, otherwise, we wouldn’t have gotten up from it,” he said with a smile, noting that Meralco still has a lot of fight left and the best-of-seven title series is far from over.“They still have many punches to give,” said Cone, coaching in his 31st title series. “We should be careful of that. We won two straight games and it only shows that they can also win two straight to tie this thing up. You can’t be pleased with yourself.” MOST READ Photo by Tristan Tamayo/INQUIRER.netTim Cone has always been a great copy for reporters, dissecting the game, explaining how it was won or lost, etc.There’s also no one better in the PBA in giving out analogies to describe his games, with the close 86-76 Game 2 victory over Meralco in their PBA Governors’ Cup Finals being no exception.ADVERTISEMENT Frontrow holds fun run to raise funds for young cancer patients  Brace for potentially devastating typhoon approaching PH – NDRRMC Typhoon Kammuri accelerates, gains strength en route to PH View comments LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Kammuri turning to super typhoon less likely but possible — Pagasa Aid expected to pour in for differently abled athletes Don’t miss out on the latest news and information. LATEST STORIESlast_img read more

first_imgST. LOUIS — Matt Adams could barely contain his enthusiasm — and he didn’t really try, either. He thrust both arms in the air while still in the batter’s box and added a couple of big hops to his home run trot as he approached first base.A stunned Clayton Kershaw, bent over at the waist with his hands on his knees, watched from the mound as the long drive off Big City’s bat propelled St. Louis to a fourth straight NL Championship Series.“Some people are calling it the Big City Leap,” Adams said. “I was just super-excited, I didn’t know what I was doing … I knew I was jumping for joy.”The Cardinals tagged Kershaw in the seventh inning for the second straight time, riding Adams’ go-ahead, three-run homer to a 3-2 victory over the Los Angeles Dodgers on Oct. 7th for a 3-1 win in the best-of-five Division Series.“I don’t think I touched the ground the whole way around the bases,” Adams said. “Definitely the highlight of my career. … I will never, ever forget this.” Neither will Kershaw.The Cardinals sent the Dodgers home for the second postseason in a row with a win over Kershaw. Last year it was in Game 6 of the NLCS.“The season ended and I was a big part of the reason why,” Kershaw said. “I can’t really put it into words, Just bad deja vu all over again.”The NLCS starts Oct. 11 in St. Louis, with the Cardinals hosting San Francisco in a rematch of 2012 won by the Giants.Trevor Rosenthal allowed two runners in the ninth before getting Carl Crawford on a grounder for a game-ending forceout for his third save of the series. At AT&T Park in San Francisco, fans cheered when the rival Dodgers were eliminated.“It was awesome, everything we did throughout that game,” starter Shelby Miller said. “It was a heck of a game and a lot of fun, I know that.”An overwhelming favorite to win his third NL Cy Young Award in four years, Kershaw’s October resume is a wreck.Kershaw dropped to 1-5 with a 5.12 ERA in 11 postseason games, including three relief appearances early in his career. He has lost four straight starts to St. Louis over the past two postseasons.“I’ve had success against them, too,” Kershaw said. “It just seems like one inning gets me every time. And obviously that’s not success.”While the steady Cardinals advanced to their ninth NLCS in 15 years, the defeat was a huge disappointment for the NL West champion Dodgers, who finished the regular season with a $256 million payroll that was $40 million higher than any other team.Los Angeles remains without a pennant since winning the 1988 World Series. “It’s awful,” catcher A.J. Ellis said. “It’s devastating. It just kind of rehashes those old memories.”Manager Don Mattingly wasn’t about to second-guess leaving Kershaw in the game, especially with a bullpen that’s foundered. He wanted the lefty to get three more outs.“It goes back to the same question: Is there anybody better, even on short rest, and even where he was at that point?” Mattingly said.Kershaw started on three days’ rest for the second time in his postseason career. He was dominant into the seventh, as he was in Game 1, but again started the inning with three straight hits.The third hit came when Adams, the burly bopper know as Big City, drove a curveball on Kershaw’s 102nd pitch into the right-center bullpen to put St. Louis up 3-2.“I had a pretty good idea that it was gone,” Adams said. The red-clad crowd roared and twirled white towels as Kershaw made a slow slog back to the Dodgers’ dugout.Kershaw allowed one homer to left-handed batters while going 21-3 with a 1.77 ERA in the regular season. He gave up two to the Cardinals, with Matt Carpenter connecting in the opener. The left-handed ace is 0-3 with a 9.72 ERA in his last three postseason appearances.Reliever Marco Gonzales earned his second victory of the series, after getting treated for a nosebleed. The rookie lefty got Adrian Gonzalez on a groundout to end the seventh and strand two runners.Pat Neshek worked a perfect eighth for the second straight game and Rosenthal pitched the ninth for a second straight day, receiving two visits to the mound from catcher Yadier Molina and one from the pitching coach after a shaky start to the inning.Kershaw had yielded only one hit through six innings and struck out nine, including three in a row in the sixth.But Matt Holliday opened the seventh with a sharp single up the middle off second baseman Dee Gordon’s glove, and Jhonny Peralta lined another single before Adams homered off a left-hander for the first time since July 7.The Cardinals had an NL-low 105 homers this season and left-hander batters had only eight homers against lefty pitching. But lefties hit five off Dodgers southpaws in four playoff games.Miller matched Kershaw into the sixth, when the Dodgers started the inning with two hits. They scored a run on Matt Kemp’s double-play grounder and added another on Juan Uribe’s RBI single against Seth Maness.But Los Angeles wasted a chance to add on when Andre Ethier, playing in place of Yasiel Puig, was picked off third by Molina — a call overturned by video review.Miller went 5 2-3 innings in his first postseason start.(R.B. FALLSTROM, AP Sports Writer)TweetPinShare0 Shareslast_img read more

first_imgIt is on again! The annual charity touch footy day to raise money for the “Westmead Children’s Hospital” and “Gosford Hospital Children’s Ward” When: Friday, 22 August 2008 Time: First game 9am sharpWhere: Woy Woy Oval #2Cost: $40 for players and spectatorsKids free (excludes t-shirt).Includes:–          commemorative t-shirt (if you pay before the day)–          food and refreshments all dayIf you have never been to one then get along and see what it’s all about and help raise some money for the kids!There will also be a raffle and a sports memorabilia auction. For more information contact:Billy Mac Umina Fire Station‘B’ Pltn(02) 4344 6293William.maclean@fire.nsw.gov.auThanks to William Maclean for providing the article content.last_img read more

first_imgItaly coach Mancini delighted to have booked place at Euro 2020by Carlos Volcano13 days agoSend to a friendShare the loveItaly coach Roberto Mancini is delighted to have booked their place at Euro 2020.Mancini praised Italy for showing “patience” to beat Greece 2-0.The Azzurri have won all seven games in Group J and qualified for Euro 2020 with three matches to spare, something the Nazionale have never previously achieved.Jorginho converted a penalty and Federico Bernardeschi’s shot was deflected to secure the victory.Mancini said, “The lads did really well. First of all, I want to thank the fans at the Olimpico for coming out and supporting us, even if the first half when we were a bit tense, perhaps nervous at being back in Rome.“We wanted to dedicate the win to the kids at the children’s hospital,” the Coach told Rai Sport, referring to this week’s team visit.Greece put up a brick wall for an hour, but were eventually broken down by a penalty.“We’ll meet teams who sit back and defend. We were too frenetic in the first half, but should’ve patiently moved the ball around to open up spaces. Instead, we started long balls and that’s no good.“It was a much more relaxed second half, we kept focused and achieved our objective.” About the authorCarlos VolcanoShare the loveHave your saylast_img read more

first_imgAbout the authorFreddie TaylorShare the loveHave your say Chelsea winger Pulisic: I know scoring touch will come backby Freddie Taylor5 days agoSend to a friendShare the loveChristian Pulisic isn’t worried about his lack of goals for Chelsea.The American played an integral role in Chelsea’s winner against a stubborn Newcastle outfit on Saturday.He is yet to score for the Blues, but that didn’t ruin his positivity after the 1-0 victory at Stamford Bridge.”It was a really good game, happy for the team, had a strong performance, they defended really well, and I was happy to make an impact,” Pulisic told ESPN after the match. “I was going to shoot last-second, but I saw Tammy wide open and then DeAndre [Yedlin, Pulisic’s US team-mate] made an unbelievable block, so maybe I should have shot it. “I just don’t have that scoring touch but I know it will come back.” last_img read more

UPDATE (Feb. 25, 4:58 p.m.): Since publication of this post, the Last Man organizers have acknowledged that their database did not include one contestant who was still viable in the competition. She has since been eliminated, but the numbers in this post would be slightly different if the database had been correct at the time of publication. Eighty-five percent of participants have already been felled by what competitors call “The Knowledge,”2Not to be confused with “The Knowledge.” according to the Last Man website. Sixteen percent of all players had, despite their best efforts, learned who won the Super Bowl by midnight on the night of the game (Feb. 7).3I wasn’t a declared player, but I made it only to 9:17 a.m. the day after the game, by which point 27 percent of players had learned the result, too. By the end of the next day, more than half of the competitors had lost their blissful ignorance. The more time that passes, the safer the players are; only about a quarter of competitors who made it through the first post-Super Bowl week perished in the second. Now, as you can see in the chart above, the survivor curve is more like a plateau.But that’s no reason for the survivors to let down their guard. They could still be taken out by the kind of thing that has felled other competitors — phone calls, cupcakes, baby photos, the usual. And it’s not always just the Last Manners who suffer when they lose: One competitor learned the Super Bowl winner via “email from treacherous husband I thought I could trust.” And that husband may find that the guilt of being the spoiler weighs on him for longer than The Knowledge haunts his spouse. It’s been more than two weeks since the Super Bowl, and there are still at least 29 people1As of Sunday, when the data was last updated. who don’t know who won. Those 29 are the recorded survivors of the Last Man challenge, a war-of-attrition, just-for-glory competition to be the last person in the U.S. (or at least in the challenge’s database) unaware of who won Super Bowl 50. (For all of you who still don’t know who won, this post is a safe space.) read more