By Gustavo Arias Retana/Diálogo November 18, 2020 Costa Rican authorities reported that, in several interagency operations, they dismantled a gang that operated in the country’s north and worked together with the Mexican Sinaloa Cartel.“[The operation] relates to a criminal group based in our country that had a direct relationship with the Sinaloa Cartel and that was using our territory to export cocaine hydrochloride to Mexico,” Walter Espinoza, Costa Rica’s Judicial Investigations Police (OIJ, in Spanish) general director, said in a press conference on September 10.To carry out this operation, 11 simultaneous raids were conducted on September 9, where Costa Rican agents detained two women and seven men, the OIJ said in a press release. The gang shipped cocaine to Mexico mainly by air, using different clandestine airstrips in Costa Rica, the OIJ said.“The judicial police learned [in 2019] that a criminal group had settled in our country, led by an individual named Patterson,” Espinoza said. “The criminal structure’s mode of operation was to store cocaine hydrochloride, locate clandestine airstrips in our territory, and use these locations for aircraft to land illegally, in order to later transfer the drug to Mexican territory.”The criminal ring also engaged in arms trafficking. During the 11 operations, authorities seized 358 kg of cocaine; high-caliber weapons, such as AK-47s, Mini Uzis, and AR-15s; ammunition; and several vehicles, the OIJ added.Costa Rican national Patterson, the gang leader, had already been arrested on March 27, 2020 in Alajuela province, together with his right-hand man, another Costa Rican citizen named Gómez, “when they were carrying 259 packages containing cocaine hydrochloride […], which they were going to ship outside the country using clandestine airstrips,” Espinoza said.Patterson was the manager and legal representative of an international freight company with 23 transport units in his name, which authorities said he used for narcotrafficking.Authorities captured another important member of the criminal gang, a Mexican national named Leal García, who was the liaison with the Sinaloa Cartel. García was apprehended in a car carrying 57 kg of cocaine, on May 26 in Heredia province, the OIJ indicated.The ring included three other individuals who focused exclusively on finding and preparing clandestine airstrips to move drugs by air, in addition to a police officer who was allegedly involved with the criminal gang. All have been detained, law enforcement forces said.
This latest twist in the ongoing GE saga is just another reminder that the incentives states use to attract businesses don’t always live up to the hype. There are countless examples of companies that received generous government subsidies but failed to produce the jobs they promised or make promised investments. One of the bigger boondoggles in recent memory is Wisconsin’s decision to award the Taiwan-based electronics company Foxconn $4 billion in subsidies to build a massive new facility that would employ 13,000 people. These lofty plans have since been scaled back, and the promised jobs seem unlikely to materialize. I don’t know what Amazon would or wouldn’t have done had it built a second headquarters in New York City, and perhaps the $3 billion in incentives offered by the state would one day have seemed like a great deal, though I have my doubts. What I do know is that, given their spotty track record, these deals shouldn’t be above scrutiny or criticism. New Yorkers are right to object to the lack of transparency, accountability and public involvement that characterized the state’s effort to bring Amazon to New York City, and to ask whether the cost would have been worth it. In all likelihood, it wouldn’t have been. Categories: News, OpinionOn the same day Amazon announced that, no, it won’t be building a second headquarters in New York City after all, I found myself reading about General Electric. It was just a few years ago that Massachusetts scored what appeared to be a major economic development coup, luring GE to Boston with a $150 million incentive package. Things haven’t worked out as planned, to put it mildly. Last week the struggling company announced that it will sell the parcel of land where its new Boston headquarters was supposed to go, and reimburse $87 million in state money used to acquire and prep the property. Certainly, it wouldn’t have taken much for him to convince people the company was acting in good faith — to demonstrate some concern about Amazon’s impact on housing prices, homelessness or New York City’s already overburdened public transportation system. Of course, state leaders, from Gov. Andrew Cuomo on down, could have done more to make the case that Amazon’s presence would have been good for New York.But they didn’t, and were ill-prepared to do anything other than lash out at their opponents when the deal fell apart in such shocking and unexpected fashion. If the Amazon saga has one lesson, it’s that it’s no longer enough to entice a big business to your community. You also need to justify the expense, and explain how the average person will benefit.Neither Bezos nor Cuomo did this, and it’s ultimately what doomed Amazon’s plans for New York. Reach Gazette columnist Sara Foss at [email protected] Opinions expressed here are her own and not necessarily the newspaper’s.More from The Daily Gazette:Controversial solar project goes before Clifton Park Planning BoardPolice: Schenectady woman tried to take car in Clifton Park hours after arrest, release in prior the…Crossgates mall sues for $20M-plus as Lord & Taylor shuts downMotorcyclist injured in Thursday afternoon Schenectady crashFeds: Painting stolen by Nazis and found at Arkell Museum returned to family In an essay titled, “Handing Out Tax Breaks to Businesses is Worst Than Useless,” the writer and urban theorist Richard Florida makes the case that our current approach to economic development is hugely wasteful. States, Florida writes, “shell out too much money up front. They front-load incentives, instead of watching how businesses that are getting the incentives perform over time. Companies are able to take the incentives and can be slow to deliver on jobs or follow on investments, or in some cases just pull up shop altogether. … Basically, states hand over the money to companies and then do not even follow up to see if they are working or not.” Whether the uproar over New York’s incentives for Amazon sparks a larger movement to reform our broken system of economic development remains to be seen.But it should. There’s a better way to do things — one that takes the concerns of residents into consideration and treating the community as a partner, rather than an irritation to be subdued and overcome. Amazon had little interest in addressing the questions raised by its opponents, opting to scrap its plan to build in Queens rather than deal with these perfectly valid concerns. This “my way or the highway” approach doesn’t reflect favorably on Amazon CEO Jeff Bezos, suggesting that in addition to being the richest man on earth he might also be the most thin-skinned.
Lack of action on climate change could see portfolios lose close to 50% of their value, according to research conducted by the University of Cambridge.It warns that investors will be unable to hedge against certain climate risks but concedes that it is difficult for investors to distinguish between the types of risk they can counteract and those that can only be addressed by an overhaul of the economy.The University of Cambridge Institute for Sustainability Leadership projects future global growth based around three scenarios: 1) a global agreement to limit temperature increases to 2° C; 2) the economy continues with the current level of mitigation; and 3) there are no further efforts to mitigate climate change.It finds a notable impact in the short term when global-temperature increases are limited to 2° C and governments opt for no mitigation. “The No Mitigation scenario,” the report says, “causes a global recession for the first three quarters of the analysis period, while the Two Degrees scenario does not cause a global recession but does cut economic growth in half when compared with baseline.”It adds, however, that the No Mitigation scenario sees an indefinite continuation of loss of output, while limiting the global-temperature increases in line with the recommendations of the Intergovernmental Panel on Climate Change sees the economy underperform compared with current activity for up to 12 years but eventually grow “much faster” than the baseline scenario.Transferring its calculations to four model portfolios – based around a high exposure to fixed income, a conservative portfolio, a balanced portfolio and an aggressive portfolio with high equity exposure – the Institute finds that the aggressive portfolio fared worst when No Mitigation took place, recording a loss of 45% and registering a “permanent loss, with returns not being restored to the baseline projection levels”.The report argues that, unlike other claims, the modelling shows a demonstrable, immediate impact rather than a hypothetical future discount on current values.It also finds that, while the largest loss for the aggressive portfolio – comprising 60% equities and 35% fixed income, largely mimicking the holdings of the Norwegian Government Pension Fund Global – was suffered in the 2° C scenario, this was down to the volatility suffered by equities, and the portfolio overall recovered relatively quickly.Cautious investors, investing only 12% in equities and 84% in fixed income, were most shielded from the impact of climate change, the report adds.“Regardless of the sentiment scenario studied, the high fixed income portfolio will be least at risk of any financial market disruption,” it says. “However, this portfolio also experiences low performance and small overall gains.”Where no climate change mitigation occurs, the University’s report recommends a shift away from developed market real estate, while emerging market oil and gas could help cut the loss potential almost in half, by 47%.It suggests capital should instead be deployed towards transport projects in developed markets and emerging market pharmaceuticals.Jake Reynolds, director for sustainable economy at the Institute, argued that the calculations showed no investor was protected from the impact of climate change.“However,” he said, “it is surprisingly difficult to distinguish between risks that can be addressed by an individual investor through smart hedging strategies and ones that are systemic and require much deeper transformations in the economy to deal with.”Read more about the upcoming climate conference in Paris and the pipeline for renewable infrastructure in the current issue of IPE,WebsitesWe are not responsible for the content of external sitesLink to University of Cambridge’s ‘Unhedgeable risk’ report
A man had to receive emergency surgery for facial injuries after being attacked by a dog in Donegal Town.Gardai have confirmed the incident happened on Sunday morning last.The man was taken to Galway Unversity Hospital for specialist treatment. The dog was later taken into the care of the local dog warden and was put down.Gardai have appealed to dog owners to keep control of their dogs.Man rushed for emergency surgery after vicious dog attack was last modified: October 3rd, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)
A worker at the Royal Bafokeng Stadium in North West province. The stadium, which is currently undergoing major renovations, is one of 10 that will be used to host both the 2009 Confederations Cup and the 2010 Fifa World Cup. (Image: Hannelie Coetzee, MediaClubSouthAfrica.com. For more photos, visit the image library.) Tamara O’ReillyRecruitment and training of about 5 000 volunteers needed for organisational activities during the 2009 Fifa Confederations Cup will begin on 1 July this year.The success of major events such as World Cups and the Olympic Games relies heavily on volunteers as a high level of organisation is needed in many facets in and around stadiums as well as other areas where visitors will converge like spectator parks. While 5 000 volunteers will be needed for the 2009 Fifa Confederations Cup about 15 000 will be required for the 2010 Fifa World Cup.The 2009 Fifa Confederations Cup, which is largely seen as a dress rehearsal for the 2010 football event, will take place between 14 and 28 June 2009. The trophy is contested by 8 nations namely South Africa as the host nation, Italy as the current world champion, USA as CONCACAF champion, CONMEBOL winners Brazil, Iraq as AFC champion, CAF champions Egypt, winner of the 2008 UEFA championship and winner of the OFC nations competition.Games will be held at 10 venues in nine cities across the country in Cape Town, Durban, Johannesburg, Bloemfontein, Nelspruit, Polokwane, Rustenburg, Pretoria and Port Elizabeth. Although there were doubts about Port Elizabeth’s ability to have the stadium ready in time for the Confederations Cup, these have been laid to rest following steps and assurances by the municipality that the stadium will be prepared to be included in the tournament.According to a Fifa volunteer handbook, volunteers will go through different training programmes to understand their responsibilities, the venue operation and general information about the FIFA Confederations Cup South Africa 2009. Volunteers will be trained in customer services, taught how to deal with spectators and also to understand the behaviour of fans from different places around the world.Selection processVolunteers will be sourced from the football fraternity, tertiary institutions, existing volunteer organisations, and the private and public sector. South African citizens who will be 18 or older on or before March 1 2009 can apply and various age groups from youth to retired citizens will be considered.“The most important thing we’re looking for in volunteers are people who are committed to helping us successfully host the World Cup,” said Onke Mjo, the Volunteer Programme Manager of the 2010 FIFA World Cup Organising Committee South Africa. “The World Cup will call on us to step beyond our boundaries and experiences and cater to the whole world. Volunteers will be crucial to that process. We’re looking for open-minded, proactive South Africans who will always be willing to assist an individual who needs help with anything.”To ensure that all South Africans get the opportunity to become a volunteer for the Fifa events, 2009 Confederations Cup volunteers will have to reapply for inclusion in the 2010 event’s volunteer programme.“When South Africa was awarded the World Cup on 15 May 2004 it was a victory for South Africa and the entire continent,” said Mjo. “All South African say they are looking forward to it and want to participate in it. The volunteer programme is the platform giving thousands of South Africans the opportunity to do just that.”Application forms can be downloaded from the 2009 Fifa Confederations Cup website between 1 July and 28 August. Emails can also be sent to [email protected] you have queries or comments about this article? Email Tamara O’Reilly at [email protected] articlePE Stadium still in the game Useful linksFifa SA 2010
22 August 2014The Proteas completed a comprehensive 3-0 series whitewash of Zimbabwe, winning by seven wickets with 136 balls to spare in the third one-day international in Bulawayo on Thursday.South Africa had won the previous two ODIs by 93 and 61 runs. Despite many of the team’s big name stars sitting out the third 50 overs a side contest, including, among others, AB de Villiers, Hashim Amla, Dale Steyn and Morne Morkel, their win at the Queens Sports Club was arguably their most emphatic of the series.With the national selectors opting to rest their big guns, there were one-day international debuts for batsman Rilee Rossouw and bowler Mthokozisi Shezi.Good decisionAfter winning the toss, South African skipper Faf du Plessis chose to bowl and his bowlers made the decision look good as they ran roughshod through the Zimbabwean batting order.Only three batsmen made it into double figures as the hosts tallied just 165 all out, which served to underline how poor their batting effort was, and how good the South African bowling and Elton Chigumbura’s innings of 90 was.Chigumbura’s inningsIt could have been far worse for Zimbabwe, who had been reduced to 119 for 9 after losing five wickets in the space of only 15 runs, but Chigumbura and Tinashe Panyangara, who faced 12 balls without scoring, put on 46 for the last wicket before Chigumbura was out. The Zimbawean captain’s 90 came off of 122 deliveries, with 10 fours and two sixes.Marchant de Lange led the Proteas’ bowlers with a haul of 3 for 31 in 7.5 overs, while Kyle Abbott claimed 2 for 21 in six and Wayne Parnell 2 for 33 in eight. Shezi bowled tightly in his first ODI, capturing 1 for 8 in six overs and Aaron Phangiso snared 1 for 13 in six too.UnfortunateRilee Rossouw’s opportunity at the top of the order did not last long as he was unfortunately run out for a duck in the very first over. His opening partner Quinton de Kock, however, steered South Africa to victory.The left-hander struck 84 off of only 75 balls, with seven fours and two sixes, as South Africa reached the victory target in the 28th over. Faf du Plessis added good support with an innings of 40 off 33 balls.De Kock, who finished the series with 185 runs, more than anyone else, and an average of 61.66, was named the Man of the Series.World record equalledDuring the series he equalled the world record for the fastest player to 1 000 ODI runs, joining West Indian legend Viv Richards and South African-born Englishmen Kevin Pietersen and Jonathan Trott on that mark after only 21 innings. However, he said, he was not driven by records.“It doesn’t interest me,” he admitted. “It’s more something for the fans to keep them interested. Some of the players do enjoy stats, but I’m very chilled about it.”PleasedAhead of next week’s triangular series, which also features Zimbabwe and Australia, stand-in captain Faf du Plessis said he was pleased with the Proteas’ outing. “I think we covered our bases pretty well,” he said.“The bowlers were solid throughout the series and so was our batting. There weren’t any blow-ups. Luckily we are getting Dale (Steyn) and Morne (Morkel) back and we are coming up against strong opposition in the form of Australia.“When you play a team like that you have to be on top of your game. It’s nice for us from a confidence point of view to have dominated Zimbabwe in the last three games.”
Actor-politician Shatrughan Sinha, who has announced that he is quitting the BJP, on Sunday said he decided to go with the Congress as it was a national party in the true sense and family friend Lalu Prasad also advised him to do so. He said leaders such as Trinamool Congress chief Mamata Banerjee, Samajwadi Party supremo Akhilesh Yadav and Aam Aadmi Party national convener Arvind Kejriwal, among others, wanted him to join their respective parties, but he had made it clear that whatever be the situation, the constituency he would be contesting in the Lok Sabha poll would be Patna Sahib.
Read Next SEA Games: PH’s Alisson Perticheto tops ice skating short program LIST: Class, gov’t work suspensions during 30th SEA Games Members of the Philippine fencing team display their respective medals from the 29th Southeast Asian Games. (L to R) Brennan Wayne Louie (gold), Nathaniel Perez (silver) in mens individual foil; Hanniel Abella (silver) and Harlene Raguin (bronze) in women’s individual epee. CONTRIBUTED PHOTO/SEA GAMES POOLFil-American Louie Wayne Brennan took the men’s individual foil gold medal over compatriot Nathaniel Perez in a dominant show for the Philippines Tuesday in the Southeast Asian Games fencing.Finally getting his slot in the individual category after playing in team events on his freshman year with the national team, Brennan bested Perez, 15-14, in the final.ADVERTISEMENT MOST READ Don’t miss out on the latest news and information. Raguin took the bronze. UPLB exempted from SEA Games class suspension View comments Brace for potentially devastating typhoon approaching PH – NDRRMC LOOK: Venues for 2019 SEA Games PH archery team wraps up SEA Games campaign sans gold It was an all-Filipino final as Brennan ousted Thai Sopanut Mayakarn in the semifinal, while Perez dispatched Jet Ng Shang Fei of Singapore.Brennan, who owns a fencing club back in Los Angeles, replaced former champion Emerson Sugui in the PH team.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 shutoutThe Philippine women’s epee team also had an impressive showing, turning in a silver and a bronze.Hanniel Abella bested teammae Harlene Raguin in the semis. But she lost in the final against Nguyen Thi Nhu Hoa of Vietnam. WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding PH billiards team upbeat about gold medal chances in SEA Games PLAY LIST 03:07PH billiards team upbeat about gold medal chances in SEA Games05:25PH boxing team determined to deliver gold medals for PH00:45Onyok Velasco see bright future for PH boxing in Olympics00:50Trending Articles01:35Panelo suggests discounted SEA Games tickets for students02:49World-class track facilities installed at NCC for SEA Games03:04Filipino athletes share their expectations for 2019 SEA Games02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games Catriona Gray spends Thanksgiving by preparing meals for people with illnesses SEA Games in Calabarzon safe, secure – Solcom chief LATEST STORIES
Teaming up for the first time since their days in Xavier School, brothers Jeron and Jeric Teng will also be in the fold.Completing the squad are UP swingman Jett Manuel, TNT guard Alfrancis Tamsi, and Congolese big man Rod Ebondo of CEU, who will act as the team’s second import in lieu of UP’s Bright Akhuetie, who failed to secure a clearance from the UAAP.Flying V’s Gab Banal and AMA’s Andre Paras will also join the team in the tournament as the squad’s reserves.Sources close to the situation bared the roster. Gilas submitted the list on Monday.Reyes and Bounty Agro Ventures Inc. president Ronald Mascariñas will make the official announcement during the team’s sendoff on Tuesday at Discovery Suites Hotel in Mandaluyong.ADVERTISEMENT View comments LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Kammuri turning to super typhoon less likely but possible — Pagasa 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 Nonong Araneta re-elected as PFF president BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight LATEST STORIES MOST READ Austin arrived in the country last week to join the PH team and is one of the prospective naturalization candidates for Samahang Basketbol ng Pilipinas (SBP) moving forward.Also, fresh from winning his fourth gold medal in the 2017 Southeast Asian Games in Kuala Lumpur, Kiefer Ravena has been called up anew for national team duty.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 shutoutCarl Bryan Cruz will also be a part of the team after impressive showings in the 2017 Fiba Asia Cup and the 2017 SEA Games, together with cadets Raymar Jose and Almond Vosotros.Gilas pool members LA Revilla and Norbert Torres were also tabbed to bolster the team. NBA players go on trial in 2015 Phoenix assault Read Next E.T. returns to earth, reunites with grown-up Elliott in new ad Brace for potentially devastating typhoon approaching PH – NDRRMC Don’t miss out on the latest news and information. Frontrow holds fun run to raise funds for young cancer patients Big names like Calvin Abueva and Terrence Romeo were absent in the list as Reyes could not get a clearance from the players’ mother ballclubs despite Alaska and GlobalPort already being booted out in the playoff race of the 2017 PBA Governors’ Cup.Chooks-To-Go PH is slotted in Group A and will play ONGC of India, Mono Vampire of Thailand, Petrochimi of Iran, and Sarreyet Ramallah of Palestine in the group stages.Advancing to the latter stages could also mean a collision course against Filipino naturalized player Andray Blatche, who is suiting up for his mother ballclub Xinjiang Flying Tigers of China.Gilas is set to leave for Chenzhou on Wednesday. Fire hits houses in Mandaluyong City Photo by Tristan Tamayo/ INQUIRER.netDebuting for the first time in the national colors, Isaiah Austin will be front and center for Chooks-to-Go Gilas Pilipinas when it wages war against club teams in the 2017 Fiba Asia Champions Cup.The 7-foot-1 center headlines the 12-man roster coach Chot Reyes will be banking on Chenzhou, China from September 22 to 30.ADVERTISEMENT