DVB Bank launches rail fund

first_img‘A PROJECT in the European market’ was the first transaction announced by the Stephenson Capital rail investment fund which has been established by DVB Bank AG. The fund concentrates primarily on principal investments in rail assets in Europe and North America.Martin Metz, Global Head of the Land Transport division of Frankfurt-based DVB, said the investment fund enables the bank to ‘offer our Land Transport clients an equity finance alternative for their rail investment projects. The fund creates an efficient platform to work with our clients on a complementary basis, and also allows a perfect opportunity to align this approach to the bank’s existing services comprised of lending, arrangement of complex financing transactions and financial advisory solutions for rolling stock investments.’DVB Investment Management also manages aviation, shipping and intermodal funds.last_img read more

US Appeals Court Rules Jamaican Can’t Sue for Illegal Detention

first_imgPhoto Courtesy of NY Daily News A recent ruling by the US Appeals Court in Manhattan could have serious implications for Caribbean nationals.A panel of judges ruled that a Jamaican-born US citizen who was wrongfully detained by immigration officials for more than three years has no right to sue the government.The majority of judges said Davino Watson’s imprisonment was improperly handled by U.S. Immigration and Customs Enforcement, (ICE). Nonetheless, the panel still concluded malicious prosecution and negligence claims had technical flaws and Watson’s false imprisonment suit was barred by the statute of limitations.Chief Judge Robert Katzmann, the dissenter in the 2-1 ruling, said an immigration detainee’s chances of resisting deportation are five times greater with a lawyer. He laid responsibility for an injustice in Watson’s case at the feet of a system that provides no legal assistance to detainees.Incarcerated on drug charge.Watson, now 32, of Brooklyn, came from Jamaica to live in New York with his dad when he was 13. He automatically became a citizen when his father was naturalized. In 2008, immediately after his release from a term of incarceration on a state drug charge, he was detained by ICE.$82,000 judgment quashedInitially, ICE officials didn’t believe his claims that he was a citizen and misidentified his parents during their investigation. The court said, and the officials also erred interpreting new cases dealing with the interplay of New York, Jamaican and federal law on citizenship of a child of unmarried parents.Finally released in 2011, Watson sued, and U.S. District Judge Jack Weinstein in Brooklyn federal court awarded him $82,000. But the Second Circuit ruling dismissed that award.The court said Watson couldn’t sue for malicious prosecution because that requires a showing of malice, not just incompetence. A negligence claim for a bad investigation and ICE’s failure to follow its regulations is not recognized in New York State.The three-year statute of limitations on false imprisonment began in 2008 — while Watson, who hadn’t finished high school, was in custody. He didn’t have a lawyer and was misinformed about the law by the government, The statute expired by the time he got out, got a lawyer and sued.last_img read more

Zimbabwe begins vaccinations against cholera after Cyclone Idai

first_imgFILE PHOTO: Survivors of cyclone Idai cross a temporary foot bridge to receive aid in Chipinge, Zimbabwe, March 25, 2019. REUTERS/Philimon Bulawayo/File Photo FILE PHOTO: Survivors of cyclone Idai cross a temporary foot bridge to receive aid in Chipinge, Zimbabwe, March 25, 2019. REUTERS/Philimon Bulawayo/File PhotoHealth authorities in Zimbabwe have begun an oral cholera vaccination campaign in the aftermath of Cyclone Idai.The campaign targets close to 500,000 people and will be carried out in the districts of Chimanimani and Chipinge.The two districts were the most affected by Cyclone Idai in Zimbabwe.Despite the vaccination campaign, the WHO says there have been no reported cases of cholera in the cyclone-affected areas in Zimbabwe.The WHO, however, says the effects of Idai have put children and families at risk of waterborne and foodborne diseases. Water distribution systems, pumping stations and boreholes were damaged during the storm.The WHO says all residents aged 12 months and older will receive the vaccine to protect them against cholera.The second round of vaccines is to be administered two weeks after the first. More than 975,000 doses will be administered in two rounds for full immunity.Related At least 259 killed by cyclone Idai in Zimbabwe – IOM Cyclone Idai: Cholera cases jump to 138 in Mozambiquecenter_img Mozambique confirms cholera cases in Cyclone Idai aftermathlast_img read more

BAE Systems Bags £3.2 Million Contract from The Royal Navy to Develop an Autonomous Sea Boat

first_imgBAE Systems and the Royal Navy have announced a £3.2 million autonomous boat contract that will increase Navy’s capabilities while protecting sailor’s lives during Armed Forces Week. The autonomous P24 has been procured under the Royal Navy’s autonomy and lethality accelerator programme, Navy X, which aims to deliver new technology into the hands of sailors and marines at pace.The autonomous capabilities of BAE Systems’ Pacific 24 (P24) Rigid Inflatable Boat (RIB), a staple in the Royal Navy surface fleet, could significantly enhance the Royal Navy’s ability to protect its sailors at reach, as the upgraded sea boat is able to execute its own missions without crew and be run from a warship. Such missions could include anti-piracy operations, border control, persistent intelligence gathering, maritime security and force protection, all while keeping a sailor safe from harm.Jeremy Quin, Minister for Defence Procurement stated that commencing the trials of the crew-less Pacific 24 boat is an important stepping stone in the Royal Navy’s development of its autonomous capability to ensure that the fleet remains at the forefront of military innovation and technology, ready to meet the evolving threats of modern warfare.Brooke Hoskins, Products & Training Services Director at BAE Systems, stated that it’s fantastic to see the Royal Navy’s first autonomous Pacific 24 enter the water during this challenging time. This milestone has been a goal since the demonstration of the autonomous capabilities of this sea boat last year. It is a key step in supporting Navy X, turning what was originally an innovative research and development experiment into a fielded capability for the Royal Navy. This contract is one of the first autonomous boat contracts for Navy X. They are proud to support the Royal Navy’s autonomous requirements, which includes increasing its operational effectiveness while reducing the burden on, or threat to, its sailors.Lt Cdr Rob Manson, Navy X Requirements Manager, stated that the autonomous P24 is not just a step-change for the Royal Navy in unmanned operations, it also ensures they remain at the forefront of technological improvement and innovation. While initial tasks are likely to be familiar to the Royal navy crews who already operate P24 RIBs. The autonomous nature of this craft adds huge capability and flexibility. Additionally, the capability can be constantly improved, allowing continuous updates and capability upgrades, resulting in regular additions to the toolbox of their sailors and ships.The successful launch of the sea boat took place at Trafalgar Wharf, Portsmouth, earlier this month, in spite of the challenges posed by the current COVID-19 pandemic. BAE Systems and Navy X will continue to collaborate on the development of its first autonomous P24 which is carrying out a series of acceptance trials throughout 2020.The success of these trials could determine whether the Royal Navy decides to upgrade or procure an entire fleet of such craft. This could include their adoption on future classes of warships, such as the Type 26 or Type 31 frigate.Click here for more details on Pacific 24 Rigid Inflatable Boat.last_img read more

Garcia, Magoliman, Cawa dominate La Paz chess tilt

first_img[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]THREE Ilonggo players were hailed winners in the Rizal Day Chess Championship at the Ice Chess Center in Gaisano Capital mall in La Paz, Iloilo City.Matthew Garcia topped the 18 and Under category. Joshua Lawrence Tanate, Reynald Tejero, John Christopher Padios, and Monique Donnamarie Escaran followed suit.For finishing in the top three, Garcia, Tanate and Tejero received cash prizes along with a mug and a certificate each. Fourth and fifth placers Padios and Escaran had a mug and a certificate each.Kith Haniel Magoliman, meanwhile, was the champion in the 12 and Under category. Fern Albert Falle, Save Yiel Magoliman, Jaril Gallego, and Kian Andrew Tutanes finished second to fifth places, respectively.Just like in the 18 and Under, the 12 and Under top three finishers Kith Magoliman, Falle and Save Magoliman took home cash prizes, a mug and a certificate each, while Gallego and Tutanes had a mug and a certificate each.In the Parents and Coaches category, Michael Cawa took the championship while Lemon Magoliman and Raymart Gallo settled for second and third places, respectively.The tournament was organized by Iloilo Provincial Chess Association./PN[/av_textblock][/av_one_full] [av_textblock size=” font_color=” color=” av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=”][/av_textblock][av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=”][av_heading heading=’Garcia, Magoliman, Cawa dominate La Paz chess tilt ‘ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]BY ADRIAN STEWART CO[/av_heading]last_img read more

“Buddy” Layanan Ride Sharing Multi Penumpang Pertama di Dhaka

first_img“Layanan ini diharapkan dimulai dari Dhanmondi, Mirpur 1 dan Uttara. Kami awalnya ingin meluncurkan 100 minibus di kota, menargetkan pejabat perusahaan, wanita dan mahasiswa yang siap untuk menghabiskan lebih dari tarif bus reguler tetapi jauh lebih rendah daripada aplikasi berbagi perjalanan lainnya,” ujar Direktur Pelaksana Microtrade S MD Jashimuddin Chisty.Chisty menambahkan, layanan ini akan sangat hemat biaya, sebab banyak orang yang akan memanfaatkannya pada waktu yang bersamaan. Dia menjelaskan, layanan multi penumpang sendiri terinspirasi dari aplikasi Uber dan Pathao dimana layanan transportasi lebih murah tetapi hemat biaya bagi pelanggan. Menurut informasi yang tersedia di situs web perusahaan, satu perjalanan bisa mengangkut sekitar enam hingga sepuluh penumpang sekaligus.“Fitur utama dari aplikasi ini adalah perjalanan yang aman dan aman bagi penumpang, sementara pada saat yang sama, memastikan harga yang lebih rendah,” kata Chisty.Dia melanjutkan bahwa kamera CCTV telah dipasang di semua kendaraan untuk mengamati situasi di dalamnya secara real time. Sehingga, jika terjadi keadaan darurat, pihaknya bisa mematikan kendaraan dari jarak jauh. Selain itu, tim keamanan seluler yang mengendarai sepeda motor juga siaga untuk memastikan keamanan bagi penumpang.Layanan dapat dimulai dari mana saja tetapi tujuan rute akan ditentukan oleh penumpang pertama. Nantinya, penumpang lain akan dijemput saat pergi ke tujuan. Direktur pelaksana mengatakan idenya telah menarik beberapa investor dan banyak perusahaan telah berusaha untuk berinvestasi dalam platform tersebut.Baca juga: Sering Tertukar, Ini Dia Perbedaan Antara Ride-Sharing dan Ride-HailingDiketahui, sebelum kehadiran Buddy, Uber telah menghadirkan layanan Uber Pool dimana layanan ini mengangkut beberapa penumpang dengan tujuan yang sama. Kelebihannya adalah pembayaran yang dilakukan oleh penumpang lebih murah dan tidak menghabiskan banyak biaya dibandingkan memesan untuk diri sendiri.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Like this:Like Loading… RelatedSering Tertukar, Ini Dia Perbedaan Antara Ride-Sharing dan Ride-Hailing14/09/2018In “Basis Aplikasi”Seberapa Perlu Layanan Ride-Sharing Merata di Berbagai Daerah?10/09/2018In “Basis Aplikasi”DriveHER, Ride Sharing dengan Pengemudi Wanita dan Khusus Bagi Penumpang Wanita22/03/2018In “Basis Aplikasi” (Dhaka Tribune) Mirip dengan Uber Pool, ada layanan ride sharing bersama dengan orang lain baru-baru ini diluncurkan di Dhaka, Bangladesh. Layanan multi penumpang ini dijalankan oleh perusahaan aplikasi ride sharing Buddy. Buddy diluncurkan di Dhaka pada Kamis (30/1/2019) yang bertujuan memudahkan penumpang untuk berbagi tarif pembayaran dengan penumpang lainnya.Baca juga: Tutupi Kerugian, Uber Bakal Maksimalkan Moda Transportasi IndividualDilansir KabarPenumpang.com dari laman dhakatribune.com (1/2/2019), Buddy saat ini menjadi satu-satunya perusahaan ride sharing di Bangladesh yang menawarkan layanan multi penumpang. Buddy Ltd sendiri adalah saudara dari Microtrade Group Bangladesh yang bermitra dengan Microsoft Bangladesh untuk meluncurkan aplikasi dengan sepuluh minibus yang dimiliki perusahaan tersebut. Moto dari Buddy adalah ‘Ayo bergerak dengan aman’ dan perusahaan meluncurkan aplikasi tersebut setelah hampir satu tahun pengujian.last_img read more

Japanese relieved

first_imgMEXICO CITY – Japanese sports leaders showed mixed feelings of relief and annoyance Friday after the International Olympic Committee put off a vote over a proposal that baseball, softball and modern pentathlon be dropped from the Olympic program.“I think it was an appropriate decision,” Japanese IOC member Shunichiro Okano said after the IOC general assembly meeting. GET THE BEST OF THE JAPAN TIMES IN FIVE EASY PIECES WITH TAKE 5center_img Okano and fellow-Japanese IOC member Chiharu Igaya would have voted in support of keeping baseball and softball, which have combined to earn Japan three medals.Japan Amateur Baseball Federation president Eiichiro Yamamoto, however, was bewildered with the decision.“It’s annoying for both baseball and organizers of the Beijing Olympics. The survival of baseball has yet to be guaranteed and I’m far from being relieved,” Yamamoto said. last_img read more

Australia hammer England, book World Cup semi spot

first_imgLONDON (AP): Australia smothered top-ranked England by 64 runs at Lord’s yesterday and ratcheted up the pressure on the home side to join the defending champions in the Cricket World Cup semi-finals.First into the play-offs, the Australians successfully defended a total for the fourth consecutive match, making 285-7 stand tall by bowling out England for 221 with 5.2 overs to spare. Fast bowler Jason Behrendorff claimed a maiden 5-for, while Mitchell Starc grabbed four to lead the tournament wickets list with 19.England rose to the top of the one-day rankings, thanks to fearless and imaginative chases, but fell to a third defeat in seven matches in its home World Cup, all three while chasing.Consecutive losses at home for the first time since 2015 — also inflicted by Australia at Lord’s — aren’t fatal to England’s semi-final hopes, but raised the stakes even higher for a win against India or New Zealand, who are both unbeaten.This latest defeat for England also breathed more life into closest challengers Bangladesh, Sri Lanka, and Pakistan, each of which must still win all their remaining games to remain hopeful.The decision at the toss was vital. Eoin Morgan won it and made Australia bat first. Counterpart captain Aaron Finch was leaning towards bowling first, too, but wasn’t fussed.Morgan gambled on quicks Chris Woakes, Jofra Archer, and Mark Wood taking wickets in ideal conditions – overcast and muggy.All three found movement off the seam in a rousing opening, but the edges, air shots, and drops near fielders faded away as Finch and David Warner came out of their bunker and posted their third century stand of the tournament.Finch and Warner have been out only once each in the first 10 overs, and still only once through seven matches. Finch was pulling too-short balls to the boundary and Warner, given three slips, soon scattered them as he hit boundaries off Archer, Woakes, and Wood.Their fifth consecutive 50 partnership came in the 12th over, and the century partnership in the 18th.Finch reached his 50 in the 19th and Warner his in the 20th.They were serene until on 123 in the 23rd over, Warner was taken aback by Moeen Ali and mistimed to backward point, where Joe Root juggled the catch. Warner made 53 off 61 balls.Finch reached his 15th one-day international hundred, seventh against England, and second in this World Cup, only to depart on the next ball. He hit 11 boundaries and two sixes and left his side sitting pretty at 185-3 in the 36th over.But the charge didn’t come. England fought back to take 5-74 – Smith was booed walking in and walking out on 38 – and Australia finished feeling short-changed.Finch pulled out another ace card, however. He gave the new ball to Behrendorff, who was hammered by Sri Lanka in his only World Cup appearance but was picked for the conditions at Lord’s and was brilliant.He bowled James Vince on the second ball of the innings with an inswinger, and by the time Jonny Bairstow game him his second wicket, England was 53-4 and its low confidence was hurt again.Starc had removed Joe Root on eight and Morgan on four.Ben Stokes, as he did in the last game against Sri Lanka, resisted alone with 89 while suffering cramps in both calves, but, as in the last game against Sri Lanka, watched partners throw away their wickets. He was the sixth man out to a Starc yorker in the 37th over, and England lasted only eight more overs.England were still in the semi-final positions, but Australia rose to No. 1, with new tennis No. 1 Ash Barty watching from the packed stands.last_img read more

98 Days to go

first_imgChronicle Sport World Cup facts: Uruguay hosted the first FIFA World Cup in 1930THE 1930 FIFA World Cup was the inaugural FIFA World Cup, the world championship for men’s national association football teams. It took place in Uruguay from July 13 to July 30 1930.FIFA, football’s international governing body, selected Uruguay as host nation, as the country would be celebrating the centenary of its first constitution, and the Uruguay national football team had successfully retained their football title at the 1928 Summer Olympics. All matches were played in the Uruguayan capital, Montevideo, the majority at the Estadio Centenario, which was built for the tournament.Thirteen teams (seven from South America, four from Europe, and two from North America) entered the tournament. Only a few European teams chose to participate because of the difficulty of travelling to South America.The teams were divided into four groups, with the winner of each group progressing to the semi-finals. The first two World Cup matches took place simultaneously, and were won by France and the United States, who defeated Mexico 4-1 and Belgium 3-0, respectively.Lucien Laurent of France scored the first goal in World Cup history, while American goalkeeper Jimmy Douglas posted the first official “clean sheet” in the tournament.Argentina, Uruguay, the United States and Yugoslavia each won their respective groups to qualify for the semi-finals.In the final, hosts and pre-tournament favourites Uruguay defeated Argentina 4-2 in front of a crowd of 68 346 persons, and became the first nation to win the World Cup.last_img read more

Simons’ Memorial day of sports set for Sunday

first_imgBy Elroy StephneyTHE second annual Simons’ Memorial Day of Sports will be held on Sunday, July 1st at the Zorg ground on the Essequibo Coast.Among the activities planned is a 10/10 Soft-ball Competition featuring Zorg S.C; Reliance Hustlers; Invaders Masters and defending champions Wild Oats.There will also be a female competition as well, with Capoey Junior and Senior teams; Zorg S.C and Uprising Youths, taking the field.Meanwhile, during the evening there will be a flood-light street ball kickout with players engaging in a 7 –a- Side football tournament. The teams participating will be Barca ‘7’, Simon’s ‘7’, Reliance Hustlers and Zorg S.C.The activities have been planned by the Simon’s family in tribute to the late Daniel and Lucille Simon; Leyland Simon; Cleveland Simon; Carlton Simon; Elvis Simon and Stephon Simon; all of whom resided in the village of Zorg and were ardent sports fans.“This annual affair is to pay homage to our family members in a grand way, as we celebrate their life and in the process seek to promote harmony within the society,” remarked Trevis Simon who is the coordinator of the day’s events.He further added that the fallen stalwarts were strong advocates of team building and discipline which they demonstrated through the participation of sports; hence it is a fitting way of upholding their rich legacy.The solemn, though colourful event, will be preceded by a minute’s silence and will be attended by Region 2 Chairman Devanand Ramdatt; Deputy Regional Executive Officer Roopkumar Persaud and Essequibo’s Senior Coach Forbes Daniels.Among the participating cricketers will be former National T20 all-rounder Ramesh Narine; former national youth players Vijay Surujpaul, Rovendra Parasram and Beesham Seepersaud, as well as former Essequibo senior Inter-County captain Dinesh Joseph, Latchmikhant Narine and Narendra Mandolall.The Simon’s family is the sponsor with over $110,000 in prizes, along with trophies which will be presented to the winners in the various categories..The family is also extending an invitation to the public to witness and participate in what is expected to be an enthralling day of sports.last_img read more