To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters
Pakistani opposition parties criticized Prime Minister Imran Khan on Thursday after he told parliament that al Qaeda leader Osama bin Laden had been “martyred” in 2011 by US forces.Bin Laden, who masterminded the 9/11 attacks on the United States, was killed in a raid on his hideout in the Pakistani city of Abbottabad after eluding detection for nearly 10 years.Pakistan was not aware of the operation, which involved US helicopters flying deep into the country from Afghanistan. “I will never forget how we Pakistanis were embarrassed when the Americans came into Abbottabad and killed Osama bin Laden, martyred him,” Khan said in his speech while recounting the lows of the relationship between Islamabad and Washington.Opposition leader Khawaja Asif, the foreign minister in the last government, was among those who objected to the remark. He described bin Laden as the “ultimate terrorist”.”He destroyed my nation, and he [Khan] is calling him a martyr,” Asif said in his reply on the floor of the house.Bilawal Bhutto Zardari, whose Pakistan Peoples Party was in power when bin Laden was killed, accused the prime minister of appeasing violent extremism.The government’s spokesman did not immediately respond to a request for comment on Khan’s remarks and the opposition leaders’ criticism.Khan’s speech came as the country’s foreign office hit out at a US State Department report that accused Pakistan of continuing to be a safe haven for “regionally focused terrorist groups”.”While the report recognizes that al Qaeda has been seriously degraded in the region, it neglects to mention Pakistan’s crucial role in decimating al Qaeda, thereby diminishing the threat that the terrorist group once posed to the world,” a foreign office statement said on Thursday.Topics :
Patients who recently died of COVID-19 in Banyumas, Central Java, experienced an unusual coronavirus effect of “happy hypoxia”, in which they had dangerously low oxygen levels in their blood yet showed no usual symptoms of the disease, kompas.com has reported. Banyumas Regent Achmad Husein said on Tuesday that three out of seven patients who succumbed to the coronavirus disease “seemed to be just fine and showed no symptoms of COVID-19, such as a cough, runny nose or high fever, but their oxygen saturation had slowly dropped [without them knowing it].” Oxygen saturation refers to how much oxygen hemoglobin is carrying. It is measured in a percentage, scored out of 100.The regent said the patients’ oxygen saturation had dropped to 75 percent, below the normal level of 90 percent or more. He urged the public to be more aware of the newly discovered symptom of COVID-19.The official further suggested that relevant authorities measure oxygen saturation in addition to temperature checks. Read also: Coronavirus strain that is ’10 times more infectious’ detected in Malaysia Topics : “We’ve got to have more tools to measure oxygen saturation,” he said as quoted by kompas.com on Wednesday. Banyumas has reported 253 confirmed COVID-19 cases, with seven fatalities.Various reports say people with happy hypoxia, also known as silent hypoxemia, have oxygen levels low enough to cause them to lose consciousness or die. A healthy person typically has an oxygen saturation of at least 95 percent but doctors are reporting lower oxygen percentage levels in people that have contracted the coronavirus.The particular problem with oxygen uptake is apparently associated with damaged lungs, meaning the more lungs are damaged, the lower oxygen level in blood. The oxygen level can be measured through a test called “pulse oximetry” that uses a sensor placed on fingertips. (vny)
Kraus – chairman and CEO of Aperture – argued that the asset management industry was “long overdue for disruption” with “too many active managers managing too much money”.“Fixed fees and a lack of real capacity constraints have long incentivised managers to grow assets under management rather than pursue outperformance,” he said. “This structure has led to years of poor performance that has eroded client trust in active management. We intend to change this by aligning manager and client incentives around outperformance…“It’s our belief that investors would rather pay for performance than pay regardless of whether or not they get any, and the only way to do that is to disrupt the long-held model of fixed fees based on AUM in asset management.”Tim Ryan, CEO of Generali Asset Management, added: “Aperture Investors is another important milestone in Generali’s multi-boutique strategy launched last year.“We believe that innovation is not only a key lever for our long-term success but also an opportunity for Generali to guide the process of change as a leader in the insurance and financial industry. Aperture Investors offers us the ability to develop a new model that addresses manager incentives while also leveraging invaluable know-how in our sector.”AMX adds fixed income, crosses $6bn thresholdThe Asset Management Exchange (AMX), an “open architecture” service provider for asset managers, has hit $6bn in assets after UK insurance group RSA added assets from two of its pension schemes.AMX provides back office services for asset managers in order to reduce their operating costs and improve efficiency for asset owners. Since its launch last year, the service – backed by Willis Towers Watson – has been adding equity and hedge funds to its platform. RSA’s Sal Pension Scheme and Royal Insurance Group Pension Scheme have transferred $750m of assets run by Brandywine Global, an affiliate of Legg Mason. It is the first time AMX has added fixed income assets.Nick Deahl, head of trustee investment at RSA, said the transaction “provides the opportunity to achieve… efficiencies as well as support innovation in the marketplace”.He added: “We share AMX’s goal of reducing inefficiencies in the pooled fund industry, along with achieving greater cost transparency and operational simplicity.”Oliver Jaegemann, global head of AMX, said the platform had signed up more than 40 pension fund clients since its launch, which he argued demonstrated “the appetite in our industry to embrace new, innovative measures to save on time and costs”.Fund managers available on AMX include Lindsell Train, Lansdowne Partners, Veritas, Systematica Investments and Fulcrum Asset Management. Italian financial services group Generali has backed a “disruptive” asset management startup led by former AllianceBernstein CEO Peter Kraus.In a statement, Generali said it would provide up to $4bn (€3.4bn) of “strategic investment capital” for Aperture Investors’ first products, which operate a “unique” charging structure.Aperture has lined up credit and equity funds priced initially in line with exchange-traded funds. Fees for both the company and the individual asset managers would only rise if managers beat their benchmarks, the company said.The firm has also implemented a ”deferral mechanism”, which it said meant “unearned compensation” could be returned to investors.
LNG World News Staff Image courtesy of DEMEBelgian dredging specialist DEME said its LNG-fueled offshore installation vessel Orion departed the COSCO Qidong shipyard in China and is heading to Europe. The company said in a brief statement through its social media channels that the vessel is heading to Europe for the final construction phase before it heads to its first offshore wind project.Orion will arrive in Rostock, Germany where it will be equipped with a massive Liebherr crane with a lifting capacity of 5,000 tonnes.The vessel has dual-fuel engines and can run on liquefied natural gas (LNG), and will have a Green Passport and Clean Design notation.
BOONE, Iowa – The 150-plus venues from across the country and Canada that give weekly racers the opportunity to shine provide the theme for the Best Appearing Car contest at the upcoming IMCA Speedway Motors Super Nationals fueled by Casey’s.Modified and Northern SportMod drivers coming to Boone Speedway for the Sept. 3-8 Super Nationals are encouraged to enter cars with the Support Your Local Track theme. Golden Empire Towing of Bakersfield, Calif., gives $200 in cash to drivers of the winning cars in each division.An official track logo must be displayed in a prominent location on the car.“Super Nationals is the biggest event in the world for the weekly dirt track racer so the local track theme is something that allows racers to bring a piece of home with them,” said IMCA Marketing Director Kevin Yoder. “Racers are proud of their local IMCA sanctioned dirt track and we want them to highlight that.”“This is also a contest with a lot of latitude. Designs can and should be unique but drivers and graphics designers have to remember that required decals must be incorporated,” he added. “There are a lot of extremely imaginative people in this field and I look forward to seeing what they come up with.”Speedway Motors gives $100 gift cards to all drivers entering the contest while Sweet Manufacturing gives an steering box to the Modified winner.Both winners will be announced during the week at Boone Speedway.
The New Zealand defender only penned a new deal with the Upton Park club in March having long been linked with a move away. Former Hammers boss Sam Allardyce even went as far as to suggest Reid had been tapped up by another Premier League club but the 27-year-old is still at West Ham and will likely start Thursday’s Europa League second qualifying round tie against Birkirkara in Malta. Slaven Bilic’s side hold a slender 1-0 lead after James Tomkins scored a late winner in the first leg and, even though the Hammers face another two rounds just to reach the group stages if they can see off Birkirkara, Reid is enjoying playing in European competition. “Playing in Europe was one of the things I wanted to do and I felt I could achieve it with this club,” he said. “These first few rounds are tough games against teams we are not really used to, but we want to progress and reach the group stage, obviously. “I think we have shown by our dedication and training that we aim to do that and I am sure, come Thursday night, we will go out there and put in a professional performance.” With Bilic and his players away in Malta, West Ham completed the loan signing of Argentina youth international Manuel Lanzini and the former Besiktas coach revealed his seventh summer acquisition is someone he has been aware of for some time. “He’s a good player and we are happy that he joined us,” he said. “I watched him two years ago and I wanted to take him to Besiktas. But then it was very difficult. We were close but now the chance came that we could get him and of course he’s going to help us a lot. He’s going to add even more creativity in the crucial parts of the pitch. “I am confident and I’m hopeful that he can adapt. We’re going to see. He’s not very strong but he rides challenges, he doesn’t go down. So I hope he could be bingo for us. I am really hopeful and I think I have a feeling that he’s going to help us a lot.” The Croatian will be hoping to use Lanzini in later European fixtures but Birkirkara coach Giovanni Tedesco is planning to give the Hammers a stern test. “This is an easy match to prepare for because we are playing against a very good team and the motivation is high,” he said. “We are going to give it our best shot and the rest will take care of itself. We know we have to score a goal but it is not something we can just say and will happen on the pitch. This is something completely different.” Winston Reid insists he always knew he could play in Europe and remain a West Ham player. Press Association
A Chicago-bound American Airlines flight from Miami was forced to make an emergency landing in Jacksonville Thursday afternoon due to a situation involving an uncooperative passenger.Flight 2796 left Miami International Airport at 10:45 a.m., only to be diverted to Jacksonville International Airport at 12:30 p.m.Airport authorities in Jacksonville confirmed the plane made an unplanned landing because of an “unruly passenger.”Another passenger told Miami Television station WPLG in an email that the man started yelling “God exists!” and ran towards the cockpit before flight attendants and an off-duty captain stopped him. However, he was able to free himself and began attacking a flight attendant.The FBI is investigating to determine whether charges will be filed.
A CorrespondentDIBRUGARH: The fourth match of Group A of Bordoloi Trophy between BSF, Jalandhar and ASEB FC, Guwahati ended as a draw at the Chowkidinghee Field on Wednesday.Both the sides scored one goal each in the match. Although this time Bordoloi Trophy is shifted to two different venues with an aim to attract crowd the decisions hardly get any positive results as the turnout is very less. There is no match tomorrow. In the next game on Friday ASEBSC will face OILFC. Also Read: Bordoloi Trophy
For all the Latest Sports News News, Football News News, Download News Nation Android and iOS Mobile Apps. Madrid: Real Madrid were criticised by Israeli officials on Saturday after Ahed Tamimi, a teenager associated with Palestinian resistance to the Israeli occupation, was pictured being presented with a club shirt. The 17-year-old is visiting Spain this week with her family to participate in various social and political events.According to top Spanish sports daily Marca, she was offered a Real jersey and posed for photos with Emilio Butragueno, the club’s former striker and now director of institutional relations.However, Real Madrid has not issued any official statement regarding her invitation on its social networks or website. When contacted by AFP, the club declined to comment.ALSO READ: Did Cristiano Ronaldo rape American model in Las Vegas?Daniel Kutner, Israel’s ambassador to Spain, wrote on Twitter: “Ahed Tamimi does not fight for peace, she defends violence and terror, the institutions that have received and celebrated her indirectly encourage aggression and not the dialogue and understanding that we need.”Emmanuel Nahshon, spokesman for the Israeli foreign minister, described the apparent welcome Real Madrid gave Tamimi as “shameful”, describing her as “a terrorist inciting to hatred and violence”.ALSO READ: ISL 2018/19 ATK vs Kerala Blasters: 3 talking points from the gameTamimi has become a figure of Palestinian resistance since spending eight months in prison for slapping two soldiers from the Israel Defence Forces. She was released in late July.