Norwegian public funds post 2018 investment gains

first_img“The choice has been made, among other things, because the cyclical and market upturn after the financial crisis has been long-lasting, and the company considers that prices and values are more uncertain than before.”At the end of the year, the pension fund’s portfolio was worth NOK86.1bn, up from NOK82.5bn at the end of 2017.Elsewhere, Bergen Kommunale Pensjonskasse (BPK) reported an overall value-adjusted return of 0.9% for the year.Total investments at group level rose to NOK1.5bn at the end of 2018, from NOK1.34bn a year before, the pension fund’s annual report showed.BPK praised the outperformance fixed income allocation, which made up nearly 63% of total assets at the end of last year.“The short-term bond portfolio yielded a return of 2.3%, while the benchmark index, which is the ST4X, gave 0.5%,” it stated. “The accumulated return over the past 10 years is 55% against the index’s 29%.”Meanwhile, Akershus Fylkeskommunale Pensjonskasse (AFPK) reported a value-adjusted return of 0.3% for 2018, down from 7.5% in 2017.In its full-year results announcement, the fund said: “2018 was marked by a weak development on the financial markets. All the most important equities markets produced negative returns. In spite of this, the pension fund achieved a positive financial return of 0.3%.”AFPK’s assets under management increased slightly to NOK3.72bn at the end of 2018, from NOK3.65bn a year earlier. Oslo’s NOK86.1bn (€9bn) local government pension fund made a 2% return on investments in 2018, with property and private equity helping offset weak equities by generating gains of more than 10% each.Oslo Pensjonsforsikring’s (OPF) return compared to the 9% it produced in 2017.According to the pension provider’s annual report, property and infrastructure gained 10.7% and private equity returned 15.4% in 2018, while listed equities lost 8.3%.In its annual report, OPF said: “In 2018, the company has chosen not to increase the total investment risk in the customer portfolio, although risk-bearing capacity is considered good.last_img read more

1 in 3 Saturday-night emergency patients drunk, study shows

first_imgNZ Herald 24 January 2014Drunk patients account for almost a third of those seeking emergency hospital treatment on Saturday nights – and many will have been binge-drinking alcohol bought from an off-licence, research shows.Data gathered by two Otago University students at Christchurch Hospital’s emergency department shows the impact of alcohol could be even higher than suggested by routinely recorded data.A previous study, which took a snapshot of 14 emergency departments at 2am one Saturday last month, found one in five patients was admitted due to harmful alcohol use.But the students found almost one in three patients – 28.6 per cent – was admitted through alcohol use in the period between 11pm on Saturday and 8am on Sunday.They also found more than 80 per cent of alcohol-affected patients had been binge-drinking, with 14 standard drinks the median number taken. read more

Dutch euthanasia centre sees 22% rise in requests in 2019

first_imgThe Netherlands in 2002 became the first country in the world to legalise euthanasia. It can only be performed by physicians who administer fatal drug doses under strict conditions. The centre has experts who advise general practitioners in euthanasia cases and teams made up of doctors, psychiatrists and nurses who visit patients to evaluate their requests and administer fatal doses of drugs if they meet euthanasia criteria. The centre said it honored nearly 900, or about one-third, of the requests it received in 2019. TVNZ One News 8 February 2020Family First Comment: “The number of people with dementia who received euthanasia rose from 70 in 2018 to 96 last year, the Euthanasia Expertise Center said. Two of those cases involved patients with dementia so advanced they were considered mentally incapacitated.” Dutch organisation that carries out euthanasia received 3122 requests last year, a 22 per cent increase from the year before, the Euthanasia Expertise Center said today.“Every work day, 13 people say: ‘Help me, I can’t go on,’” Steven Pleiter, director of the centre formerly known as the End of Life Clinic, said.  The requests often were in cases of people with dementia or suffering multiple physical complaints linked to old age.READ MORE: read more

Spring Sports

first_imgFor Batesville and Oldenburg Academy the spring sport season is quickly coming to a close.  Curt Eckstein and John Moody will run in the state track meet this weekend.Greensburg defeated Batesville in baseball, so the Bulldog season ended there.  Batesville won 2 huge games to get to the finals where they lost to the Pirates 7-4.  Congratulations to the Bulldogs on their fine season.Oldenburg Academy girls tennis team ended their great season in the semi-state.  None of the softball teams had much success in the tourney. Golf is finishing their season this week and will enter they tourney next week.  Good luck to the area golfers.last_img

Morgan Beth Gentry

first_imgMorgan Beth Gentry 23, of Aurora, IN, passed away Friday August 10, 2018.She was born November 27, 1994 in Cincinnati, OH, daughter of Angela Beth Clark and the late Clinton Todd Gentry.Morgan earned two Associate Degrees from Vincennes University.  One in Construction Technology and one in Business Management.  Morgan was a proud member of, and advocate for the LGBT+ Community. Morgan loved to work with her hands and especially enjoyed woodworking. She also enjoyed Kayaking. She was strong willed, compassionate, hard working, and fierce. Morgan had a big heart. She loved her family and she will be missed by all.Morgan is survived by her mother, Angi Clark of Aurora, IN; siblings, Chelsea Beth Gentry Conover (Jaka Gentry Conover) of Kingsland, GA, Lukas Todd Gentry (Elizabeth Wessel) of Aurora, IN; maternal grandparents, Kenneth and Geneva Calender and Sheila Clark (late, “Dickie” ) all of Aurora, IN.She was preceded in death by father, Clinton Todd Gentry, maternal grandfather, Richard “Dickie” Clark, paternal grandparents, Clint & Betty Gentry. Morgan is also survived by many loving aunts, uncles and cousins.Friends will be received Tuesday, August 14, 2018, 4:00 pm – 6:30 pm at the Vineyard Community Church, 304 Fourth Street, Aurora , Indiana.Services will be held also at the Church, Tuesday at 6:30 pm with Pastor David Hall officiating.Contributions may be made to the Funeral Home to defray expenses. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Visit: www.rullmans.comlast_img read more

Norton, Roath collect $1,000 wins at Canyon’s Shootout special

first_imgGuy Norton was the $1,000 IMCA Modified feature winner on opening night of Canyon Speed­way Park’s Shootout special. (Photo by Rowdy Briggs)PEORIA, Ariz. (Sept. 1-2) – Holiday weekend Shootout feature wins at Canyon Speedway Park put Guy Norton and Ryan Roath on the ballot for next year’s Fast Shafts All-Star Invitational bal­lot.Norton scored the $1,000 IMCA Modified checkers Saturday at Canyon while Roath took home the same amount for the Sunday checkers.Norton and Roath tussled on opening night before finishing 1-2. John Parmeley led early before tangling with a lapped car; Chaz Baca borrowed a car from Jeff Stafford Sr. and led to lap 18, when brake issues took him out of contention.Bill Miller rounded out the top three.Parmeley again led early on Saturday while the ninth starting Roath worked his way up to se­cond.Roath gained and then lost the lead to Jay Foster, who broke on the 19th circuit. Roath went on to the win head of Parmeley and Baca, back in the car he’d race at the IMCA Speedway Motors Su­per Nationals fueled by Casey’s.George Fronsman swept the weekend’s IMCA Sunoco Stock Car features, in front of Baca and Ty Warner on Saturday and Cody Center and Ty Warner on Sunday.Joe Vlasity led Chucky Thornton and Merle Zachrison across the IMCA Sunoco Hobby Stock stripe on opening night. Josh Cordova bounced back big time to win on Sunday, with Jimmy Davy and Bradley Stafford in tow.Sept. 1 Feature ResultsModifieds – 1. Guy Norton; 2. Ryan Roath; 3. Bill Miller; 4. Brad Hopkins; 5. Bubba Stafford Jr.; 6. Steve Carter; 7. VInny Raucci Jr.; 8. Marvin Mueller; 9. Chaz Baca; 10. Justin Miller; 11. Darin Center; 12. Brody Spangler; 13. Jay Foster; 14. John Parmeley; 15. Pete Terwilleger; 16. Kenny Gill; 17. Josh Sneed.Stock Cars – 1. George Fronsman; 2. Chaz Baca; 3. Ty Warner; 4. Tony Hill; 5. Race Fisher; 6. Mike Shea; 7. Cody Center; 8. Dennis Losing; 9. Georgie Fronsman; 10. Zach Griggs; 11. Nick Langer; 12. Chris Boulware; 13. Lyle Askren; 14. Steve Carter; 15. Joey McCullough; 16. Justin Thornton; 17. David Gill; 18. Vance Honea.Hobby Stocks – 1. Joe Vlasity; 2. Chucky Thornton; 3. Merle Zachrison; 4. Jimmy Davy; 5. Brad­ley Stafford; 6. Daniel Romero; 7. Richard Bennett; 8. Kyle Cardinal; 9. Bill Cole; 10. Collin Phipps; 11. Allen Hakes; 12. Mike Hartsock; 13. Gary Everett; 14. Josh Cordova; 15. Shea Ken­dig; 16. Max Zachrison; 19. Ross Krajack; 20. Jeremy Alday; 21. Michael Whissen; 22. Lenna Miller.Sept. 2 Feature ResultsModifieds – 1. Roath; 2. Parmeley; 3. Baca; 4. Center; 5. Vinny Raucci Jr.; 6. Justin Miller; 7. Spangler; 8. Carter; 9. Mueller; 10. Hopkins; 11. Bill Miller; 12. Foster; 13. Stafford; 14. Norton; 15. Terwilleger; 16. Vinny Raucci Sr.Stock Cars – 1. George Fronsman; 2. Center; 3. Warner; 4. Georgie Fronsman; 5. Fisher; 6. Los­ing; 7. Askren; 8. Carter; 9. Boulware; 10. Shea; 11. Baca; 12. Thornton; 13. Hill; 14. McCollough; 15. Langer; 16. Michael Wrightsman; 17. Griggs; 18. Kenny Gill.Hobby Stocks – 1. Cordova; 2. Davy; 3. Stafford; 4. Romero; 5. Bennett; 6. Max Zachrison; 7. Cardinal; 8. Hartsock; 9. Merle Zachrison; 10. Cole; 11. Hakes; 12. Joe Peterson; 13. Phipps; 14. Everett; 15. Vlasity; 16. Thornton; 17. Derik Hudson.After a runner-up finish on opening night of the holiday weekend Shootout special, Ryan Roath raced to the $1,000 IMCA Modified checkers Sunday at Canyon Speedway Park. (Photo by Rowdy Briggs)last_img read more

Hearing for Florida Teen Accused of Hacking Twitter Gets Hacked

first_imgProsecutors believe that Clark was able to gain access by convincing a Twitter employee that he was a co-worker.He is facing numerous charges, including 17 counts of communications fraud and 11 counts of fraudulent use of personal information.Clark was arrested last Friday and entered the not-guilty pleas on Tuesday.The judge denied a motion to reduce Clark’s bond. He remains in jail, with bond set at $725,000.The next hearing is scheduled for October 7. Officials say it will be password protected. In an ironic twist, a bond hearing for a Tampa teen accused of recently hacking the Twitter accounts of politicians, celebrities and technology moguls got hacked this week.The bond hearing took place over Zoom.While it was in progress, the judge and attorneys were interrupted several times by people shouting racial slurs, playing music, and even showing pornographic images.The suspect, 17-year-old Graham Clark, is accused of using the hijacked Twitter accounts to scam people worldwide out of more than $100,000 in Bitcoin on July 15.The affected accounts belong to Microsoft co-founder Bill Gates, former President Barack Obama, and Tesla CEO Elon Musk, among others.Accused Tampa Twitter Hacker Arraigned on 30 Felony Counts Today Since the Twitter bitcoin hacker didn’t turn out to be a Russian or Chinese agent, maybe the FBI should hire the Tampa teen.#Twitterhack #BitcoinScam— 850 WFTL (@850WFTL) August 4, 2020last_img read more

Free basketball clinics available at EHS

first_imgELLSWORTH — Pat’s Pizza and the Ellsworth High School varsity boys’ basketball team are offering free shooting clinics on Dec. 12 and 19 and Jan. 2 from 8-9:30 a.m. at EHS.Boys and girls in grades 3-8 are welcome to attend and learn basic shooting skills with the high school basketball team. There is no registration required to attend.This is placeholder textThis is placeholder textlast_img

FIFA to Take over Running of CAF

first_imgAhmad, who is the subject of an ethics investigation by FIFA after allegations of corruption and sexual misconduct, proposed the idea in a document shared with colleagues on the executive committee, the sources said.Samoura is to lead a FIFA team that will conduct “a root-and-branch review of governance of the confederation, oversee operational management of the organisation, and recommend where needed a series of reform efforts,” the document read.“This will be done in order to put CAF itself on a modern and sound footing, improve its image and reputation and thus ensure that CAF is better equipped to face future challenges and to grasp future opportunities.”FIFA are to also undertake a forensic audit of the monies they have been giving CAF.The idea of sending Samoura to Africa is said to have been put together by FIFA president Gianni Infantino and CAF Vice-President Amaju Pinnick in the wake of Ahmad’s brief detention by French police last week for questioning on corruption allegations.Ahmad, who is seeking to hold onto some semblance of power or even walk away from his post without sanction, had been forced to accept the deal and then propose it to his own colleagues, CAF sources told Reuters on Thursday.With FIFA seeking to improve football’s image, the Ahmad controversy has come as a major embarrassment to Infantino, who has been claiming a new-look, clean and corruption-free FIFA.Ahmad, by virtue of his position as leader of African football, is automatically a FIFA vice-president.African football has been rocked not only by the firing of CAF general secretary Amr Fahmy for whistle blowing, but also a walk off in the Champions League final and the alleged assault on a referee by another of CAF’s vice-presidents.The Cup of Nations kicks off in Cairo on Friday when hosts Egypt take on Zimbabwe. (NAN)Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram A drastic and dramatic overhaul of African football is expected to be announced on Thursday, the eve of the kickoff of the African Cup of Nations, in the wake of corruption scandals consuming the Confederation of African Football (CAF).The CAF executive committee took a stunning decision on Wednesday to cede control of the running of the organisation and have FIFA general secretary, Fatma Samoura, parachuted in as “FIFA High Commissioner for Africa”, according to sources.No announcement has been made by African football’s governing body but CAF president, Ahmad Ahmad, is scheduled to hold a press conference in Cairo on Thursday at 0900 GMT.last_img read more

Ryan talks Bulldogs, Sweet 16

first_imgSenior Keaton Nankivil was just a freshman when the Badgers last reached the Sweet 16. Nankivil scored 10 points in UW\’s first two tournament games so far this year.[/media-credit]With a Sweet 16 appearance on tap for Thursday, every game earned for the Wisconsin men’s basketball team will continue to magnify on the national scene. However, head coach Bo Ryan doesn’t expect his team to get too carried away with the escalating stakes.As Wisconsin gets ready for eighth-seeded Butler in New Orleans Thursday, Ryan assured everyone the Badgers are not approaching the game any differently just because the stage is a bit more grand.“I think in New Orleans the temperature is going to be the same as it was in Tucson, so I’m not just going to warn them about staying away from the foods that are too spicy,” he said. “What goes on between those lines (on the basketball court), it’s not going to change. They have to stay focused on the task, and I’m sure they will.“There won’t be anything different.”Last Saturday, fourth-seeded Wisconsin earned its fourth Sweet 16 appearance since 2003 and first since the 2007-08 season after defeating fifth-seeded Kansas State, 70-65, in Tucson, Ariz.Wisconsin’s seniors were freshmen the last time UW experienced the Sweet 16, but only three of them – Jon Leuer, Keaton Nankivil and Tim Jarmusz – saw playing time in that game. And none of them played longer than a minute.In both of the two years since then, the Badgers suffered losses in the second round of the National Collegiate Athletic Association tournament.This year, they go up against a mid-major Bulldogs team that willed itself into the national title game one year ago, barely losing to Duke, 61-59.Three starters return from that “Cinderella” squad and have already begun a memorable march through the NCAA tournament once again.Butler defeated No. 9 Old Dominion in its first game on a buzzer-beating shot by Matt Howard and then upset No. 1 Pittsburgh after a bizarre series of fouls spurred the Bulldogs to a 71-70 victory.While Ryan couldn’t help but admit those experiences are beneficial to the Bulldogs, he said it’s the present, not the past, that matters most right now.“What happened last year definitely cannot hurt them,” Ryan said. “That’s a positive experience for them. But they’re also led by [Butler head coach Brad Stevens] who understands that that was last year, this is this year, and I’m sure they aren’t going to practice with the idea, ‘Oh, well, we’ve been further than the teams we’re playing.’”As a result, UW isn’t concentrating on Butler’s run a year ago, either.“When we get on that practice floor today and [associate head coach Greg Gard] does that scouting report, it’s all about right now, and it won’t ever change,” Ryan said.Ryan spoke highly of Stevens, who, at age 34, has achieved four regular season Horizon League titles and three conference titles in his four years as head coach. Ryan called him a “bright mind.”The UW head coach then related his experiences coaching fellow Horizon League school UW-Milwaukee from 1999-2001 to describe a possible source of Butler’s motivation.“I think they relish that part of being from a so-called mid-major conference, which, having coached at UW-M, we never thought of ourselves as mid-anything,” Ryan said. “But it’s all basketball, and that’s the culture that’s been developed there.”Motivation isn’t short on the Wisconsin end, either. After a disenchanting performance at the Big Ten Tournament, where the Badgers lost an ugly 36-33 game against Penn State, UW-Madison responded with encouraging performances in its first two NCAA games.In victories over Belmont and Kansas State, Wisconsin has shot a combined .456 from the field and .500 from the perimeter and has seen plenty of clutch plays from featured players and role players alike.“These guys were just bound and determined to do something, and they have,” Ryan said. “It’s a good group of young men who have come together for a purpose. But not just coming together now, they came together a while ago.”last_img read more