James Richardson is joined by Dominic Fifield and Matt Hughes to cast their eyes over the main sporting stories.The trio look into the pre-season preparations of Premier League clubs across the globe and track their latest moves in the summer transfer market.Plus, the panel discuss the prominence of England’s Women’s football and cricket teams and look ahead to another busy week of sporting action. Listen above or click here to download the podcast from iTunes.
The Government Accounting Standards Board, an independent nonprofit organization that establishes accounting standards for public agencies, saw a need to bring public sector disclosure rules in line with those of the private sector. The new rules don’t require governments to come up with the money right away, but to disclose these future costs and estimate the shortfall of money to pay for them. To prepare for these disclosures, public officials across the country already are beginning calculations. So far, California, New York, and Maryland appear to have the biggest burdens, but that could change when estimates begin trickling in from Florida, Texas, Illinois and Pennsylvania. Of the country’s 10 most populous states, none has completed a formal estimate of the liabilities, but those that have completed preliminary assessments are reporting astounding numbers. The California Legislative Analyst’s Office estimates $40 billion to $70 billion in retiree health care and related liabilities for the state. With cities and counties included, JP Morgan pegs California’s debt at $70 billion to $200 billion. The state controller is just now beginning a detailed study. New York’s preliminary analysis puts state liabilities between $47 billion and $54 billion. In a recent state budget report, officials acknowledged “these costs are substantial and would significantly reduce or even potentially eliminate” New York’s current $49.1 billion in positive net assets. Maryland has initially estimated its liability at $20 billion. Other states also have reported significant amounts: Alabama estimates $19.8 billion, Massachusetts $13.2 billion, Alaska at least $7.9 billion, and Nevada between $1.62 billion and $4.1 billion. Many local governments also are beginning to acknowledge huge liabilities. San Francisco officials reported that city government’s burden at $4.9 billion. Los Angeles Unified School District officials said the district’s liability is more than $10 billion. New York City has yet to complete its analysis, but is expecting a large shortfall and already has set aside $2 billion to help cover it. At the least, analysts say, the public can expect increased taxes and fees or reduced services as governments adjust their budgets to amortize the debt. Little in the way of concessions is likely from public employee unions, said Suzi Rader, director of district and financial services for the California School Boards Association. Any attempt in future negotiations to limit already-granted benefits will be a contentious issue, she said, so public officials must instead hold the line on granting more perks to future retirees. John Abraham of the American Federation of Teachers said union negotiators have long been aware that future retirement benefits must be paid from shrinking resources. “If they haven’t been looking at the numbers, shame on them,” he said. “Do we recognize there is a cost problem? Absolutely. As costs have gone up, we’ve made accommodations.” Lori Moore, spokeswoman for the International Association of Fire Fighters, said nothing is really changing except the need for cities to reveal how much they’ll owe in nonpension retirement benefits. “The liability has always been there,” she said. “They had to know in the back of their minds that it was there.” State, county and city elected officials, focusing most of their attention on current expenses, typically fund retiree health care on a pay-as-you-go basis with annual appropriations from their general funds. Under the new accounting rules, the liability can be paid over 30 years, just like a home mortgage, but public officials are forced to acknowledge the debt and calculate an annual payment. Governments that don’t handle their liability properly could end up insolvent. Parry Young, director of public finance at Standard & Poor’s, said few governments are prepared for the necessary annual contributions.”It’s been a growing liability that wasn’t being addressed. But now the chickens are coming to roost,” he said.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! SAN FRANCISCO – The bill is coming due for years of generous benefits bestowed upon state, county, city and school employees, and it’s a stunner: hundreds of billions of dollars over the next three decades, threatening some local governments with bankruptcy and all but guaranteeing cuts in education, public safety and other services. This staggering burden is coming to light because of new rules issued by the Government Accounting Standards Board. They require public agencies to disclose the future cost of health care and other benefits – such as dental, vision and life insurance – promised in addition to traditional pensions to the nation’s estimated 24.5 million active and retired state and local public employees. Health care costs for retirees from public agencies have been quietly mounting for decades while public officials have passed out generous retirement benefits during labor negotiations, sometimes in lieu of immediately disclosed salary increases. Government negotiators have rarely considered the long-term financial consequences of awarding health perks, according to Brian Whitworth, a specialist with JP Morgan Chase and Co. “A surprising number of public entities didn’t even make informal estimates of long-term costs prior to the new accounting rules,” Whitworth said. Last month, JP Morgan released what it considers the most comprehensive preliminary estimate. It projects public agencies’ unfunded cost for health care and other nonpension benefits at $600 billion to $1.3 trillion. By comparison, the debt rating agency Standard & Poor’s estimates the country’s total unfunded public pension debt at around $285 billion. “There’s a good chance some government entities are going to go bankrupt,” said California Assemblyman Keith Richman, R-Granada Hills. “But the issue isn’t just bankruptcy. It’s governments dying of a thousand cuts in services. The costs of promises that have been made are going to be astronomical.” Union officials say it’s not their fault city governments put themselves in a hole by promising more than they can deliver. When the new accounting rules take effect in 2008, taxpayers will be able to see for the first time just how much they’re paying to provide benefits to active and retired state and local public employees. “When the numbers are produced, they’re going to be shocking,” said Ronald Snell, director of state services for the National Conference of State Legislatures. “They’ll be in the hundreds of billions, and it’s definitely something that policy makers are going to have to take notice of and act upon. … There are consequences of decisions made in the past.”
AFC Community Trust chief executive Ally Prockter said: “The excitement is really beginning to build ahead of the Scottish Cup final and The Sheep Are On Fire is the perfect song to get all Aberdeen supporters in the mood for this big match. “We’re delighted Gavin has written such a fantastic song and kindly agreed to help raise funds for the AFC Community Trust.”Aberdeen are bidding to win the Scottish Cup for the first time since 1990.The song is available to download on all digital stores and can be listened to on YouTube. A singer-songwriter has released an official Aberdeen cup final song ahead of their Scottish Cup showdown with Celtic.Gavin Simpson, known as Sourfish, has teamed up with the Dons to pen The Sheep Are On Fire as Derek McInnes’ men prepare for the big game at Hampden on May 27.All proceeds from the song will go to the Aberdeen FC Community Trust.The inspiration for the tune came after Aberdeen’s 7-0 win over Dundee in March with the lyrics comprised of popular chants.
Asked about his attitude to a possible approach, Rodgers said: “I would speak to the board. It would take something extraordinary to take me away from here.“I have a great relationship with Dermot.“I came in on a year’s deal and the club offered me four years and I was happy to sign that.“After this season I will have three more years and I will be so happy if I can see that three years out. “I love working here and the whole process of developing players, winning games and seeing the club progress. There is still a lot to do here.“Naturally there will be speculation because Arsene has said he is leaving at the end of the season. My name was thrown in there but it is not a consideration.“My only focus us wrapping up the title and moving onto the Scottish Cup final.“I have always said I am living my dream here and at some point my dream will end, like they all do and I go back into the real world again.“I am obviously privileged to be manager of Celtic, big club, huge demands and I am only helping the club grow and go forward and order to do that it is about happiness.“There will be somewhere I can go and maybe earn two or three times more money than I am now.“It is not about that. I am still relatively young as a manager at 45, I am happy in my professional life and really content outside of that as well.”Rodgers had no qualms about the defeat, saying: “The best team won. Over the course of the game Hibs were better than us.” Brendan Rodgers insists it would take “something extraordinary” for him to leave Celtic after he was linked with the Arsenal job.He was speaking after his side’s hopes of clinching a seventh successive Premiership were spoiled by Hibs.Goals from Jamie Maclaren and substitute Vykintas Slivka gave Hibs a two-goal lead at Easter Road before Hoops substitute Odsonne Edouard pulled a goal back.On Friday, Celtic majority shareholder Dermot Desmond said the club wouldn’t stop Rodgers from speaking to Arsenal as they look to replace Arsene Wenger.
Qantas 787. Credit Richard Kreider What was already a marathon flight was made even longer Saturday after a disruptive male passenger forced a Qantas Perth-London nonstop flight to turnaround.Two Qantas Boeing 787s winged their way to London Sunday after Saturday’s flight was delayed because crew no longer has sufficient available duty hours.The captain made the decision to turnaround Flight QF-9 about two hours into the flight and before the meal service.The passenger, a 32-year old male in economy class, allegedly become violent and disruptive and had to be restrained.Witnesses said he became highly aggressive as passengers tried to control him and cabin crew attempted to calm him down.Video Playerhttps://www.airlineratings.com/wp-content/uploads/uploads/IMG_1236-1.mp400:0000:0000:03Use Up/Down Arrow keys to increase or decrease volume.The West Australian quoted one passenger as saying the man appeared “incredibly agitated” and his behavior was “hyper-aggressive, like a cornered animal”.The witness praised Qantas staff for controlling the passenger and keeping everyone on board calm during the ordeal.He said the man had walked to or toward the bathroom in the middle of the cabin and went to sit back down again.“Whatever happened next he was suddenly standing up and shouting and pointing in an extremely aggressive manner,” he said.“I wasn’t sure what he was saying. Passengers leaped in to control him, Qantas staff tried to calm him. He was eventually marched down the back of the plane.“He was by this time highly, highly wound up.”The unruly passenger was taken off the plane by Australian Federal Police and Qantas later placed a “no-fly ban ” on him preventing him from traveling on Qantas Group flights until the investigation into the matter is completed. he could also face a hefty bill if the airline decides to move to to recover the costs of the disruption.“This type of disruption inconveniences our customers, but we take a zero-tolerance approach to disruptive behavior on board,’ a Qantas spokeswoman said.“The safety of our crew and customers is our number one priority.“We provided customers with overnight accommodation and will have them on their way as soon as possible. We apologize for the inconvenience and thank our customers for their patience.”The delayed plane left at 12:30pm Sunday.The ultra-long-haul turn-back came after Qantas launched its first international Dreamliner flights from Queensland earlier this month with a daily service from Brisbane to Los Angeles and onwards to New York.Read Qantas-London nonstop setting load and profitability records.Four of the national carrier’s new Boeing 787-9s will be based in Brisbane, as the state-of-the-art aircraft gradually replace the 747 on key routes.Dreamliner services from Brisbane to Hong Kong will start in December, with other destinations to follow. Seattle, Chicago, San Francisco and Vancouver are the favorites.The airline is predicting the 787 base will drive tourism and jobs in the Australian state,“We’ll have 120 cabin crew and pilots based in Brisbane to operate the Dreamliner flights and a further 350 indirect jobs are expected to be created as a result,” Qantas chief executive Alan Joyce said.“The Dreamliner also opens up the potential to drive tourism to Queensland over the long term given the increased range of the 787.“There are a number of new destinations we’re considering for new direct services from Brisbane, including Seattle, Chicago and San Francisco in the US, as well as Vancouver and cities in Asia.”The airline also started direct 787-9 flights between Melbourne and San Francisco recently. The national carrier will operate four return flights per week on the route.
Promise of WiMAX is around the corner. Check out this site that puts you in the passenger seat of automobiles around the country.[PocketCaster WiMAX Demo|http://intel1.comvu.com/portal/]For some perspective, I walk more than 10 feet with my laptop at a brisk pace, and I’ll have a connection drop… this is simply amazing. Makes you wonder what we’ll be able to do with phones and handheld devices in the comming year (see ). Can’t wait!
Put an Easter egg down on the table and give it a twirl, and you’ll notice something strange: The egg will slowly rise on its end, seemingly defying the pull of gravity. Now, at long last, researchers have described the math behind this paradoxical behavior.Normally, a rapidly spinning object will preserve its direction of spin–the reason a fast-moving bicycle doesn’t topple over. But in the case of a hard-boiled egg, friction between the egg and the tabletop changes the direction of this angular momentum, says Keith Moffatt, of the École Normale Supérieure in Paris, who analyzed the motion of spinning eggs with Yutaka Shimomura, of Keio University in Yokohama, Japan.Although the egg starts out spinning horizontally, this position isn’t stable, so any tiny irregularity in the eggshell or table will tilt the egg slightly. This kicks off an escalating cycle: The change to a tilted spin makes the egg slip on the tabletop, creating a frictional force that pushes the end upward. That in turn makes the egg slip more, jacking up the frictional push. Eventually, this friction shoves the egg all the way to the vertical position. In the 28 March issue of Nature, Moffatt and Shimomura present a series of equations that describe the egg’s ascent.However, Moffatt cautions that Easter-weekend experimenters won’t get the same rise out of a raw egg. The reason, he explains, is that when the egg spins, the yolk and white lag behind, gradually absorbing energy and slowing down the spin. The remaining speed is not enough to create the strong frictional forces that push the egg upright, so the egg simply slows down and stops.LIMERICK Place a hard-boiled egg on a table, And spin it as fast as you’re able; It will rise on one end With vectorial blend Of precession and spin that’s quite stable. –Keith Moffatt”Their analysis is a very nice calculation,” says Bernie Nickel, a physicist at the University of Guelph in Canada. “It’s the simplest approach I could imagine, and the answer comes out almost immediately from the analysis.”Related site Virtual spinning egg
Watch Serie A live in the UK on Premier Sports for just £11.99 per month including live LaLiga, Eredivisie, Scottish Cup Football and more. Visit: https://subscribe.premiersports.tv/ Italian analyst Giovanni Cerra has been confirmed as a member of Jose Mourinho’s backroom staff at Tottenham Hotspur. Mourinho officially took charge of Tottenham earlier today, and he will once more work with Cerra in North London. The Roman was technical analyst at Manchester United between 2016 and 2018 – a position he will again fill for the ex-Inter boss. Prior to that, he worked as lead visual designer for Chelsea from July 2013 to July 2016. His role as technical analyst entails turning scouting data and game plans into charts and images, making them easier for players to understand. However, little is known about him in his native Italy, where he has yet to work for a professional club.
Photo by Tristan Tamayo/INQUIRER.netAljun Melecio isn’t going anywhere.The explosive guard assured the La Salle community that he will stick with the team.ADVERTISEMENT “I am not leaving DLSU. The tiger emojis tweet had no meaning behind it,” Melecio, the UAAP Season 79 Rookie of the Year, posted.Melecio caused confusion over social media after tweeting tiger emojis Wednesday morning. He has since deleted the tweet.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingSPORTSPrivate companies step in to help SEA Games hostingReports said Aldin Ayo, who is transferring from La Salle to University of Santo Tomas, is looking to bring some of his players to España.READ: Aldin Ayo leaves La Salle for UST LATEST STORIES Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims PH military to look into China’s possible security threat to power grid BeautyMNL open its first mall pop-up packed with freebies, discounts, and other exclusives Harrell, Williams key Clippers bench in rout of Kings Melecio, though, quickly ended speculations on Twitter.“I wish Coach Aldin all the best, but I love La Salle and I love being a Green Archer,” said Melecio, a former UAAP juniors MVP.Melecio’s pronouncement is a welcome news for the Green Archers following Ayo’s departure and two-time UAAP MVP Ben Mbala, who opted to turn pro in Mexico.ADVERTISEMENT View comments Sports Related Videospowered by AdSparcRead Next SEA Games: PH still winless in netball after loss to Thais Don’t miss out on the latest news and information. Jordan delivers on promise: 2 Cobra choppers now in PH MOST READ For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Hotel says PH coach apologized for ‘kikiam for breakfast’ claim ‘We cannot afford to fail’ as SEA Games host – Duterte Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’
South Africa seamer Vernon Philander appears to be in doubt for the opening Test against Bangladesh later this month after pulling out of the first round of first-class fixtures, beginning next Tuesday.Though Philander is due to play for the Cape Cobras against the Knights in a four-day game, his franchise’s coach Ashwell Prince confirmed that that the 32-year-old would not be available according to Cricket South Africa (CSA) directive.”Vernon is not available for our first game in Bloemfontein. It is frustrating because we are not in control of the situation when it comes to national players. We adhere to Cricket South Africa’s guidelines, and we have been informed that a call will only be made on September 25,” Sport24 quoted Philander as saying.With all South African players making themselves available for the four-day fixture, new Proteas coach Ottis Gibson might not be happy that Vernon again has fitness concerns.It should be noted that the seamer has not appeared in any form of cricket since the third Test against England at the end of July.The first Test of the two-match series against Bangladesh will begin in Potchefstroom from September 28.