Germany, with over 1,100 cases, reports first two coronavirus deaths

first_imgTopics : No large eventsTo limit the spread of the virus, the regional government in the also badly affected southern state of Bavaria decided to ban all events with more than 1,000 participants, the Augsburger Allgemeine newspaper reported.The decision followed a plea by German Health Minister Jens Spahn to call such large events off nationwide, along with a promise to discuss mitigating the economic consequences of that decision.Chancellor Angela Merkel’s governing coalition agreed to make it easier for companies to claim subsidies to support workers on reduced working hours until the end of the year.That would make it possible for firms to cut the hours and wages they offered their workers, with the government making up nearly two-thirds of the shortfall, preventing layoffs that might otherwise become necessary.Several German companies have been badly hit, including the carmaker Daimler and the airline group Lufthansa, which has cancelled half its flights over the coming months.Merkel said on Monday she expected Finance Minister Olaf Scholz and Economy Minister Peter Altmaier to present further measures this week to help companies bridge liquidity problems due to the coronavirus.Scholz told the RND media group on Monday that, if the epidemic pushed the economy into a severe crisis, the government would do “everything necessary” to stabilize it.Officials estimate that Berlin could put together a stimulus package worth up to 50 billion euros (US$57.30 billion), without ditching the government’s policy of not increasing debt. The patient in Essen had tested positive with coronavirus on March 3 after being taken to hospital in already critical condition, local authorities said.The patient in the Heinsberg district, in Germany’s rural far west had been admitted on Friday with pre-existing heart problems and diabetes, said Stephan Pusch, administrative head of the district.”This shows again that older people and people with pre-existing health problems are particularly at risk,” he said.center_img Germany confirmed its first two deaths from the coronavirus on Monday as its overall number of new infections rose by 20% to 1,139, the latest signs that the epidemic is spreading rapidly in Europe’s largest economy.Germany’s tally, far short of Italy’s 7,300, included a cluster of 322 in one municipality.Officials in the western state of North Rhine-Westphalia said an 89-year-old woman had died in the town of Essen and that a 78-year-old man with pre-existing health conditions had died in the badly affected region of Heinsberg.last_img read more

The owner of this property realised the land was worth more than the house

first_imgThe cleared land at 51 Toorak Rd, HamiltonWHEN Ed Turley spotted an old house for sale on a large block at 51 Toorak Rd, Hamilton, he knew it would be the perfect spot to build a dream house.He lived in the existing house for a few years, and as his family expanded, he decided he didn’t have the time to commit to such a big project and decided to offer it for sale.The thing that had appealed to Mr Turley the most about the property was the land itself, so with the firm belief that it would achieve a better price and draw in more potential buyers as a block of land, he has removed the old timber home. Views from the land at 51 Toorak Rd, Hamilton“When we did buy the house, I had only just had my first child and now we are into the second and so I guess I had to make the choice either to spend a lot of time building a house or spending it with the kids and obviously the kids are going to come first.’’Mr Turley said it was within a demolition control precinct and he had to get approval to remove the old home.“The council accepted it was probably not one worth sustaining, particularly when you are among the other large colonial homesteads there,’’ he said.“This one was just a little shack compared to those, although it was nice and cosy.’’ The site when demolition of the older timber home was under way.Marketing agent Alex Rutherford of Place, who will take it to auction on February 1, described it as a once in a lifetime opportunity to buy land in Hamilton.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by The land is zoned Character Residential over two 405 sqm lots. It is surrounded by multimillion-dollar homes and property records reveal it last traded in November 2013 for $2.2 million.“It had an older house on it and it was spread across two 405 metre blocks so my view was to remove it and build with a blank canvas and make a good family home for myself and my family,’’ Mr Turley said.“I liked the idea of keeping it as one block, that was my preference because splitting it really didn’t do that block justice, but it was a very rare find.’’The site has views over the Albion Raceway and to Mt Coot-tha.last_img read more

This luxurious family home has hit the market in one of Brisbane’s blue chip suburbs

first_img44 Abbott St, Ascot.At the rear of the upper level, the lavishly-appointed main bedroom has a walk-in wardrobe with a dressing area, a private balcony overlooking the backyard and pool, a ceiling fan and an ensuite, also with twin vanities and a separate shower and bath. 44 Abbott St, Ascot.Next to this is a contemporary kitchen, with stone bench tops, a breakfast bar, stainless steel appliances, an integrated coffee machine, gas cooktop and ample cabinetry.From the living and dining area is the patio, overlooking a grassy yard and an in-ground pool with an additional timber pool deck.In the main bathroom is a mosaic tiled shower and a laundry with external access. Flowing out from the family room through timber bi-fold doors is an enclosed sunroom with tiled flooring and plantation shutters. 44 Abbott St, Ascot.A LUXURIOUS family home has been listed for sale in one of Brisbane’s blue chip suburbs.Median house prices have increased per cent in the past year, with CoreLogic figures revealing 85 homes sold in the suburb in the past 12 months.The latest on offer is a five-bedroom home at 44 Abbott St. It has multiple living areas, including a media room and library. 44 Abbott St, Ascot.The house is on a 698sq m block close to parks, schools, and the shopping and dining precinct of Racecourse Road.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019Inside is tiled flooring, neutral colour schemes and high ceilings.A hallway leads past the media room, which has speakers, the library, which has built-in cabinetry, and a bedroom with outdoor access to a wraparound patio to an open-plan living and dining area. 44 Abbott St, Ascot.last_img read more

Bond losses drag down returns at domestic Norwegian sovereign fund

first_imgNorway’s domestic government pension fund — the smaller counterpart of the NOK6.8trn (€723bn) oil fund — saw an investment loss during the second quarter of 2015 as long bond yields ticked higher for the first time in years.The NOK196bn Government Pension Fund Norway, which along with the Government Pension Fund Global (GPFG), forms part of the Government Pension Fund, reported a return of 5.5% between January and June this year, but a 0.3% loss for the second quarter on its own.In absolute terms, the first half profit was NOK10.2bn and the second quarter loss came to NOK503m.The returns compare to 9.3% for the first half of 2014 and 6.7% for the second quarter of that year. Olaug Svarva, chief executive of Folketrygdfondet, which manages the fund, said: “After a strong first quarter, market developments were more hesitant in the second quarter.”The second quarter saw investors focus on uncertainty around Greece’s relationship with the rest of the euro-zone, China’s slowdown in growth and the prospects of the US Federal Reserve lifting interest rates, she said.Companies exposed to the petroleum sector, which make up a large part of the fund’s equity portfolio, were now undergoing intensive restructuring, Svarva said, adding that this was a challenging period with difficult choices for investors.The pension fund is split into an equity portfolio and a bond portfolio. The equity part posted a 9.4% return in the first half, 0.2% below the benchmark return, while the bond portfolio made a 0.2% return, beating its reference index by 0.4 of a percentage point, Folketrygdfondet said.In the second quarter alone, the equity portfolio returned 0.1% — half a percentage point below the benchmark, while bonds lost 0.8% — which was a 0.4 point improvement on the benchmark.“Yields on long-dated government bonds rose in the second quarter after falling for many years,” the fund’s manager said in the interim report.This rise in yields for bonds with a long time to go to maturity was the reason for loss on the bond portfolio, it said. However currency movements had helped trim the loss.While the Norwegian bond market fell 1.1% in the second quarter measured by the benchmark, and the benchmark for bonds for the whole of the Nordic region fell 1.7%, the decline of the latter had been reduced because of Norwegian krone weakness in the quarter, according to the report.The fund’s assets grew in value to NOK196bn at the end of June from NOK186bn at the end of December 2014.last_img read more

Equinor to connect two extra offshore fields to power from shore solution

first_imgTwo Equinor-operated fields located offshore Norway, the Sleipner field centre and the Gudrun field, will receive power from shore to further reduce CO₂ emissions on the Norwegian Continental Shelf. The Utsira High Area power grid, which will become operational in 2022, will provide power from shore to the Johan Sverdrup, Edvard Grieg, Ivar Aasen, Gina Krog, and Sleipner fields.The licenses that now will receive power from shore from the Utsira High area solution are operated by Equinor, Lundin Norway, and Aker BP.Equinor said on Monday that the area’s license partners have recently agreed on maximizing the utilization of power from shore to the area by enabling partial electrification of the Sleipner field centre as well. The overall area solution will contribute to an average reduction in CO₂ emissions close to 1.2 million tonnes of CO₂ per year.Anders Opedal, executive vice president for Technology, projects & drilling in Equinor, said: “The Norwegian continental shelf (NCS) is leading in producing oil and gas with low greenhouse gas emissions. By enabling partial electrification of Sleipner and tie-in fields, we are making maximum utilization of the area solution for power from shore to the Utsira High to further reduce emissions from the NCS.”The original area solution for power from shore to the Utsira High comprises the Johan Sverdrup, Edvard Grieg, Gina Krog, and Ivar Aasen fields.The power from shore solution included in the second phase of the Johan Sverdrup development will provide additional capacity of 35 MW in order to meet increased power demand from existing or additional fields in the future.Power from shore for Sleipner & Gudrun According to Equinor, based on the result of recent negotiations by the license partners, the Sleipner field centre, together with the Gudrun platform and other tie-ins, will receive power from shore to meet parts of their power demand. This solution will also ensure that the Lundin Norway-operated Edvard Grieg platform will be able to fully meet its power demand through power from shore.Equinor noted that emission reductions based on the Utsira High area solution were estimated at more than 1 million tonnes of CO₂ on average per year. Further emission reductions by partial electrification of Sleipner are estimated at more than 150,000 tonnes of CO₂ per year.“I am pleased that the Sleipner license partners support a solution enabling the Sleipner field centre and tie-ins to be connected to the power from shore solution. It was not an easy task to find a technical and commercial solution that meets the needs of all licenses in this area, so I would like to thank all involved companies and Norwegian authorities who have helped ensure a maximum and holistic utilization of the power from shore capacity in the area,” said Opedal.The Sleipner field centre solution calls for Sleipner to lay a power cable to the Gina Krog platform, which will be connected to the Utsira High area solution by a separate power cable by the end of 2022. In certain periods the field’s power from shore demand may exceed the capacity of the area solution. In such periods Sleipner will use gas turbines to cover its shortage.The industry’s NOx Fund provides up to NOK 430 million to realize the partial electrification of Sleipner and tie-ins.The Sleipner license partners are planning to make a final investment decision during the second quarter of 2020.“Due to the transition we are facing on the NCS, we must reduce the carbon footprint from our operations to protect and develop the value from the Norwegian shelf,” says Arne Sigve Nylund, executive vice president for Development & production Norway in Equinor.Plan to fully electrify Edvard Grieg Lundin Norway is the operator of the Edvard Grieg platform with a 65 percent working interest and the partners are OMV Norge and Wintershall DEA with 20 and 15 percent working interests, respectively.The Edvard Grieg power from shore project involves the retirement of the existing gas turbine power generation system on the platform, installation of electric boilers to provide process heat and installation of a power cable from Johan Sverdrup to Edvard Grieg. When the facilities are all operational, Lundin Norway’s net capital investment in power from shore facilities at Edvard Grieg and Johan Sverdrup will total approximately $500 million, half of which has already been spent.Alex Schneiter, President and CEO of Lundin Petroleum, said: “Full power from shore for Edvard Grieg, as part of the Utsira High power grid, will not only significantly reduce the carbon emissions from the area to below 1kg of CO2 per barrel but will also allow us to drive further value from the asset base through higher production efficiency, reduced operating costs and less carbon tax.“The CO2 saved from Edvard Grieg alone, will amount to approximately 200,000 tonnes per year from 2022, in addition to the emission savings as a result of power from shore to Johan Sverdrup. The Edvard Grieg project will further solidify Lundin Petroleum’s position as a world leading low carbon emissions oil producer, with its two key assets fully or becoming fully electrified, using power from shore mainly sourced from renewable energy.”last_img read more

Thornton steals the show at Nodak

first_imgModifieds – 1. Ricky Thornton Jr., Adel, Iowa; 2. Tom Berry, Newburg; 3. Lucas Schott, Chatfield, Minn.; 4. Troy Cordes, Dunkerton, Iowa; 5. Chris Schroeder, Williston; 6. Hunter Marriott, Brookfield, Mo.; 7. Jason Wolla, Ray; 8. Robert Hellebust, Minot; 9. Jacob Bleess, Chatfield, Minn.; 10. Justin O’Brien, West Union, Iowa; 11. Jason Hughes, Watts, Okla.; 12. Kody Scholpp, Estevan, Sask.; 13. Casey Arneson, Fargo; 14. Spencer Wilson, Minot; 15. Travis Hagen, McGregor; 16. Shawn Strand, Mandan; 17. Travis Olheiser, Dickinson; 18. Hank Berry, Sidney, Mont.; 19. Jeff Taylor, Cave City, Ark.; 20. Drew Christianson, Minot; 21. Travis Ulmer, Mandan; 22. Marcus Tomlinson, Turtle Lake; 23. Tanner Black, Otis, Kan.; 24. Roy Spielman, Mills, Wyo.; 25. Tyson Turnbull, Estevan, Sask.; 26. Dylan Goplen, Fargo; 27. Tracy Domagala, Bismarck; 28. Mark Dahl, Bismarck; 29. Brock Beeter, Minot. Feature Results Speckman was able to hold off Thornton as the 20RT tried to make a late race charge at the lead, dipping his nose underneath Speckman’s Sniper Speed chassis. However, Speckman’s consistency held off Thornton and the rest of them, taking the checkers in North Dakota for the first time in his seventh year of running the tour.  Thornton placed second, with Daae ending up third and Dalton Flory in fourth while Zevenbergen fell to fifth. The 2015 tour champion started outside row four alongside the winner of the opener at Jamestown, Tom Berry Jr. Stock Cars – 1. Matt Speckman, Sleepy Eye, Minn.; 2. Ricky Thornton Jr., Adel, Iowa; 3. Austin Daae, Estevan, Sask.; 4. Dalton Flory, Williston; 5. Elijah Zevenbergen, Ocheyedan, Iowa; 6. Devon Gonas, Midale, Sask.; 7. Keith Mattox, Ray; 8. Scott Gartner, Jamestown; 9. Joren Boyce, Minot; 10. Mike Hagen, Williston; 11. A.J. Zimmerman, Cleveland, Minn.; 12. Michael Swallers, Minot; 13. Chase Davidson, Macoun, Sask.; 14. Aden Clark, Surrey; 15. Joe Schrodt, Coleharbor; 16. Justin Bachmeier, Williston; 17. Randy Schultz, Swift Current, Sask.; 18. Gary Goudy Sr., Stoughton, Sask.; 19. Will Scheresky, Max; 20. Jeremy Swanson, Estevan, Sask.; 21. Jace Iverson, Tioga; 22. Hunter Fears, Riverdale; 23. Chris Hortness, Estevan, Sask.; 24. Scott Yale, Minot; 25. Joe Flory, Williston. From there on out, it was smooth sailing for Thornton, even with Berry trying to keep pace with the pilot from Adel, Iowa. Schott ended up third with 2006 tour champion and 14th place starter Troy Cordes wrapping up the feature with a fourth place finish. Schroeder stayed ahead of Hunter Marriott and Jason Wolla to hold on to a top five finish.  Racing action was fierce in between the cautions. Lucas Schott challenged O’Brien for second early on. Schott and O’Brien had a handful of cars to fend off, as the likes of Thornton, Berry, Jason Wolla, Hunter Marriott and Robert Hellebust contended for top five positioning. Chris Schroeder and Iowa wheelman Justin O’Brien led the field to green. O’Brien tried to get a jump on Schroeder, but Schroeder took the field by surprise and powered his machine below O’Brien’s back into the top spot.  By Jackson Braun Speckman ran an absolutely perfect race, even with a bunch of pressure from the racers behind him. Zevenbergen and Thornton were trying to make the middle line work while Austin Daae rode the rim right behind Speckman, waiting for a mishap by the 81.  MINOT, N.D. (July 7) – Ricky Thornton Jr. may have had the worst redraw of the IMCA Modified heat race winners at Nodak Speedway, but he maneuvered his 20RT machine through the field and grabbed a cool $2,400 check in Sunday’s second installment of the Kupper Chevrolet Dakota Classic Tour. A starting spot in the pole position helped Speckman’s cause, but he still had to fight off the starter to his outside, five-time tour champ Elijah Zevenbergen. Sleepy Eye, Minn.’s Matt Speckman has been a faithful runner in the IMCA Sunoco Stock Car division on the Dakota Classic Tour since 2013. Coming into the night, his best finish was second, twice. On a restart after the halfway point in the race, Thornton got a couple good runs in the corners and made his way around Schroeder. last_img read more

Hoosier WW II Vet wants your cards for milestone birthday celebration

first_imgScottsburg, In. — A World War II Veteran in Scottsburg wants your help to make his 100th birthday a happy one. Bethel Killman, 99, of Scottsburg, has had medical problems, lost his wife during the last year and would cards to celebrate his milestone on March 17.Killman’s family are planning a community celebration on March 17 at the Hardy Café on Main Street in Scottsburg at 2 p.m. All are welcome to stop by with birthday wishes.Killman served in the Battle of the Bulge.If you would like to send a card the address is:Bethel Killman966 Wilson RoadScottsburg, IN 47170last_img

Constantine calls thirteen U-23 players to join camp

first_imgNew Delhi: Thirteen Under-23 players, who were part of the Indian squad in the SAFF Cup last month, were on Saturday summoned by Indian football team coach Stephen Constantine for the camp here as part of the preparation for the friendly against China.India are slated to play China on October 13 at the Suzhou Olympic Sports Centre Stadium. The 29-member squad will assemble in the capital for the two-day camp before they leave for China on October 10. This is the first time the senior national team is travelling to China to play in an International match. The two sides last met in the Nehru Cup in Kochi back in 1997.Squad:Goalkeepers- Gurpreet Singh Sandhu, Vishal Kaith, Amrinder Singh, Karanjeet Singh.Midfielders- Pritam Kotal, Sarthak Golui, Sandesh Jhingan, Anas Edathodika, Salam Ranjan Singh, Subhasish Bose, Narayan Das.Midfielders- Udanta Singh, Nikhil Poojary, Pronay Halder, Rowllin Borges, Germanpreet Singh, Anirudh Thapa, Souvik Chakraborti, Vinit Rai, Halicharan Narzary, Bikash Jairu, Ashique Kuruniyan, Lallianzuala Chhangte. Forwards- Sunil Chhetri, Jeje Lalpekhlua, Balwant Singh, Sumeet Passi, Manvir Singh, Farukh Choudhary. IANSlast_img read more

Sir Andy believes Cornwall is ready

first_imgFORMER West Indies fast bowler, Sir Andy Roberts, believes that fellow Antiguan and current player, Rahkeem ‘Jimbo’ Cornwall has earned a call-up to the regional squad.Sir Andy, during an interview on the Good Morning Jojo Sports Show, said the player’s form over the past 12 months certainly indicates that he is ready for a higher level of cricket.“Jimbo has been ready to move higher for more than a year now, but for me to say he is ready for Test cricket, I don’t think we really know when anybody is ready because you have a number of players, especially here in the Leewards who perform very well at regional level but fail to impress when they go a little bit higher,” he said.Called up to the West Indies A team for a tour of Sri Lanka, back in September, Cornwall ended as the leading wicket-taker for the three unofficial Tests, claiming a total of 23 wickets for 456 runs at an economy rate of 3.08.The all-rounder is currently with the Leeward Islands Hurricanes preparing for the Regional 50 overs tournament.Sir Andy, who made his Test debut in 1974, also urged young Antiguan pacer Alzarri Joseph, to work on his weaknesses as he plays through a perceived bowling slump. (First Published In The Antigua Observer)last_img read more