PREMIUMResearchers warn of ‘hidden cost’ of Indonesian diet

first_imgLinkedin Log in with your social account The Indonesian diet and agricultural land use system incur “hidden” health and environmental costs associated with nutrition-related health problems and environmental degradation, researchers have suggested.Ongoing research by a member of the Food and Land Use (FOLU) Coalition found about US$62.7 billion in net hidden health and environmental costs from the food system.“There’s actually as much as $62.7 billion in net hidden costs, meaning that the food we eat costs way more than what appears on our bills,” Romauli Panggabean from the FOLU Coalition and author of the study said recently.She said the $62.7 billion was the gap between the $242.8 billion contribution of the agriculture and food sectors to 2018 gross domestic product (GDP) and the $305.5 billion spending on health care, environmental mitigation and many other things that are affec… Google Facebook agriculture #Agriculture #food land-conversions #land-conversion health food #health diet #diet environment #environment Topics : LOG INDon’t have an account? Register here Forgot Password ?last_img read more

​AP1, AP4 say draft rules on illiquid assets must go further

first_imgTwo of Sweden’s largest state pension buffer funds have called for yet more flexibility regarding their ability to invest in illiquid asset classes.AP1 and AP4 urged the Swedish government to extend the buffer funds’ permitted investments in response to a proposal to reform their investment rules regarding illiquid investments.AP4 acknowledged the proposal’s stated purpose of increasing the cost-effectiveness, return opportunities and long-term perspective regarding investments in illiquid assets. The rule changes would also give the four funds similar conditions to other comparable institutional investors, it said.However, the SEK349bn (€32.9bn) fund added: “The proposals that are presented continue to have major limitations and do not provide opportunities that are needed to achieve the desired purpose. “It is important now to create a regulatory framework that provides sufficient flexibility for AP funds to operate in a rapidly changing financial market for many years to come.”The fund referred to proposals it had put forward in October 2017, in a response to an earlier set of draft rules.These included adding to abilities to:make co-investments in unlisted companies;invest in infrastructure companies in the same way as they can real estate companies; andinvest in unlisted credit and sustainability-oriented investment opportunities.AP4 said most opportunities in the latter category were unlisted and therefore not investable under current rules.“With the changes AP4 proposed in its previous referral statement, the AP funds’ investment regulations should include both cost-effectiveness [and] increased opportunities for return-based investment,” the fund said.It added that the ideas it proposed in 2017 would, to a much greater extent, correspond to the flexible rules currently in force for other similar institutional investors.Meanwhile AP1, which managed SEK324bn at the end of 2018, said it considered the government’s latest reform proposal to be positive and advocated putting the proposals into force.However, it also said the funds should be given more flexible rules in order to meet the aim of the memorandum.“Some details of the proposed investment rules will lead to the AP funds losing out on investments with attractive return potential, such as, for example, direct investments in unlisted companies in the final stages prior to a stock exchange listing or in unlisted infrastructure companies,” AP1 stated.Other rules would lead to higher costs for the funds, it said, citing the fact that they always had to use pooled vehicles to gain access to the illiquid credit market.“Certain rules also risk quickly becoming obsolete in today’s changing financial markets,” it said. “With the rapid development of technology, it is difficult to predict what types of asset types and forms of investment will be available in just a few years.”The funds’ demands come after their investment rules were relaxed as part of changes implemented at the start of this year.The consultation on the proposals ends today.last_img read more

Clarksons: Shipowners Favor VLCCs

first_imgWith contracting this year only slightly less subdued than in 2016, there has been a welcome influx of activity in the very large crude carrier (VLCC) sector, Clarksons Research informed.In the first five months of 2017, there have been 27 VLCCs of a combined 8.5 million dwt reported ordered. This is a 366% increase year-on-year in dwt terms on extremely subdued 2016 levels and has provided a much needed boost for certain shipyards.VLCC orders account for 52% of year to date contracting in dwt terms as well as 11% of estimated year to date investment. If in the first 5 months of 2017 there had been as many VLCC orders as the same period last year, then total global ordering in the year to date would have suffered a 50% decrease year-on-year in dwt terms.“Shipowners have been placing orders in the VLCC sector against a backdrop of falling newbuild prices, with the guideline newbuild price for a c.320,000 dwt vessel dropping to USD 80 million in March this year, its lowest level since February 2004,” Clarksons said.These low prices have proved attractive to owners, though contracting in the other crude tanker sectors has remained muted, with only 2 Suezmaxes and 5 Aframax crude tankers reported ordered in the year to date.The majority of orders in the year to date, around 70%, have been placed in South Korea. This has provided much needed support for some yards, and has helped the Korean orderbook to eventually increase in dwt terms following 19 months of continuing decline.Korean yards currently account for 44% of the VLCC orderbook, while Chinese and Japanese yards clinched 30% and 19% of the VLCC orderbook, respectively.last_img read more

2 suspects in fatal stabbing nabbed

first_imgDe La Serna and Pantilagan were rushedto the Angel Salazar Memorial General Hospital in this town but the latter wasdeclared “dead on arrival.” It was not immediately established what was themotive in the stabbing. SAN JOSE, Antique – Police arrested two suspectstagged in a fatal stabbing in Barangay 3. Village watchman Jake De La Serna respondedto the incident but he was jointly stabbed by the siblings. According to police investigators, Polinariowas accused of stabbing the 27-year-old Gerum Pantilagan around 11:30 p.m. onFeb. 14.center_img They were siblings Jacqoeline, 44, andPolinario Confessor, 37, a police report showed. The Confessors were detained in thecustodial facility of the San Jose police station, facing charges./PNlast_img

Bethany checkers fly for Stallbaumer

first_imgStarmer adjusted his line to the bottom as the top lost just a little speed after an early caution and followed Ross for a few laps. The top changed as it had very few cars on it for a few laps and Starmer went back up there. While all that was happening, J.J. Baumli was working his way through the field and into third. Steven Bowers also started eighth and worked his way forward in winning the IMCA Modified main. Chad Clancy and Josh Munsen rounded out the top three. Stallbaumer found his way to the front and never looked back as he picked up the win from the eighth starting spot. Tim Eaton held the lead for a few laps about mid-race and finished second. Steven Clancy and Chris Wright stayed in close contact the entire race and finished third and fourth, respectively.  The IMCA Sunoco Stock Car feature started with Mich Ross and Steve Starmer on the front row. From the drop of the green flag for about four laps they stayed side by side with Ross on bottom and Starmer on top. Tim Stallbaumer was the Karl Kustoms Northern SportMod feature winner Saturday at Bethany Speedway. (Photo by Judy Staley)center_img By Chet Querry Starmer made the cushion work and ran side-by-side the last five laps with Ross. At the check­ers, Starmer drove to the point and picked up his first win of 2020 at Bethany. Ross was a close second with Baumli third. BETHANY, Mo. (June 27) – With a new running order every time around the oval, Tim Stallbaumer was the leader of the 15th and final circuit of Saturday’s Karl Kustoms Northern SportMod feature at Bethany Speedway.last_img read more

O’Brien trio in Chantilly mix

first_img Press Association There had been speculation the colt, owned by Qatar Racing, might be added to the field for the premier Classic at Epsom on Saturday week. However, trainer Francis-Henri Graffard has revealed the son of Danehill Dancer looks like staying at home for the French Derby. “I think it is 90 per cent certain he will run at Chantilly on Sunday,” said Graffard. “The horse is very well.” Sumbal only made his racecourse debut in March and entered Classic calculations when completing a hat-trick in the Prix Greffulhe at Saint-Cloud earlier this month. However, he only beat two rivals as the hot favourite Epicuris was withdrawn after refusing to go into the stalls. Fourteen horses remained in the Chantilly showpiece at the latest acceptance stage. The Aga Khan’s Karaktar, convincing winner of both his starts this term for trainer Alain de Royer-Dupre, stood his ground. Another leading contender is likely to be Andre Fabre’s New Bay, who was second in the French 2000 Guineas. The son of Dubawi is owned by Khalid Abdullah. The Ballydoyle handler could call upon French 2000 Guineas sixth and seventh Highland Reel and War Envoy, as well as Cape Clear Island, who finished second in the Prix Hocquart at Longchamp most recently. The unbeaten Sumbal is highly likely to run on Sunday and not be supplemented for the Investec Derby. center_img Aidan O’Brien has left three horses in the running for Sunday Prix de Jockey Club at Chantilly.last_img read more

Boss Sam Allardyce admits ‘mammoth task’ at Sunderland

first_img Allardyce said: “It’s just a shame he didn’t control his emotions because he [Bertrand] was going nowhere, he wasn’t going to do anything, he wasn’t going to harm us. “Just take him out of the box and just shuffle him away, and unfortunately he made the decision not to.” Southampton, who cemented themselves in seventh place in the table as a result of their win on Wearside, are unbeaten away from home in the league this season, and manager Ronald Koeman insists they will continue to play the same way wherever they are in action. He said: “It’s important, important for the confidence, important for the way we like to play. We don’t play differently at home than we like to do away. I think that’s the best way to be constantly. “Okay, we had the chance to have a lot of ball possession here from the start of the game, and then it’s to be patient. “You can compare maybe this game to the West Brom game away, and it’s not easy to create. But I think the level in front was higher and that makes the point.” The 61-year-old, who has built his reputation on stabilising and rebuilding struggling clubs, saw the Black Cats slip to a third defeat of his four-game reign to date when they went down 1-0 to Southampton at the Stadium of Light on Saturday. They remain entrenched in the bottom three with just six points from their opening 12 games, and Allardyce does not accept that he has plenty of time to turn things around. He said: “No, I haven’t, no. We are relegation favourites because we are in the bottom three and getting out of the bottom three is a long haul now. “When you have got fewer points than games, as many fewer points than games as we have got, then we have got a mammoth task just to get out of the trouble we are in at the moment. “There’s no point in trying to bull**** anybody: it’s going to be a long haul to get where we need to get. “What I want to try to do is not have one of those end-of-the-season desperations that this club has become used to over the last four years where if you don’t win four out of the last six, you are going to get relegated. “That’s the last thing that these players should have on their minds. Now is the time to start winning and drawing, not the last six games of the season, right now starting next game.” That next opportunity will come at Crystal Palace after the international break when Allardyce will once again attempt to strike a balance between defensive resilience and attacking flair. Having seen his side ship six at Everton last weekend, the Sunderland boss understandably adopted a more cautious approach against the Saints, and while that paid dividends at the back, it meant they lacked the cutting edge to threaten the visitors. However, they might have emerged with a point had midfielder Yann M’Vila not needlessly felled full-back Ryan Bertrand inside the box to hand Dusan Tadic the chance to win the game from the penalty spot 21 minutes from time. Sam Allardyce has admitted he has got a “mammoth” task on his hands to prevent “relegation favourites” Sunderland from slipping out of the Barclays Premier League. Press Associationlast_img read more

Police: Driver Deliberately Ran Over Eight People

first_imgEight people are recovering from their injuries in Northern California after police say a driver apparently “deliberately drove into them.”Police in Sunnyvale say the driver plowed into the victims while they were waiting to cross the street Tuesday night.The car then crashed into a tree and the driver, an adult male, was taken into custody.It’s unclear whether the driver knew any of the victims. Investigators are looking into a possible motive, and whether alcohol or drugs played a role. Officials say California driver deliberately hit 8 people with car https://t.co/YpFETEhcbl pic.twitter.com/LNRaKNXOxL— Eyewitness News (@ABC7NY) April 24, 2019 Witnesses tell police the driver didn’t try to stop or avoid the collision.The youngest victim is reportedly 13-years-old. There has been no update yet on their conditions.last_img read more

Under-Fire East Bengal Look to Steady Ship Against Gokulam

first_imgI-LeagueKolkata: Under-fire East Bengal will be desperate to snap a three-game losing streak when they take on resurgent Gokulam Kerala FC in an I-League encounter at the Vivekananda Yuba Bharati Krirangan here on Saturday.The home team lost to defending champions Minerva Punjab FC in their last encounter, making it three losses on the trot and are languishing in eighth place in the points table with just six points from five games.With the Kolkata derby against arch-rivals Mohun Bagan slated on December 16, Alejandro Menendez’s boys will be desperate to get back to their winning ways.Coach Menendez remained defiant on the eve of the match, saying his team is doing well and he is happy with its performance.“The team is training really well. We have analysed all the matches and reviewed all the small mistakes. The team is doing well but we have some mistakes we will rectify.“We started well in the I-League and won difficult away matches. I already said that I am happy with the performance of the team,” he told reporters.The city giants have been extremely poor with their midfield in shambles. The Spanish coach has used a total of eight players in midfield but he is yet to find the perfect combination even after five matches.Menendez is expected to ring in a host of changes in the starting lineup ahead of the Gokulam match.Kamalpreet Singh, who has under-performed in all the five matches in a makeshift position as a central midfielder, is likely to be replaced by Prakash Sarkar who came on as a substitute against Minerva.Laldanmawia Ralte and Lalrindika Ralte are likely to start on the flanks.Much to the club and their fans’ relief, their sixth foreigner, Jaime Santos Colado, has arrived.“Jaime just arrived on Wednesday. He may play some minutes tomorrow. But overall he is ready to play matches; no problem in that,” the coach said.Asked about the reason for the spate of defeats, he added: “Sometimes it is difficult to know the exact reason for the defeats. This is a great ground and stadium. Maybe some players are under pressure but they will overcome this I am sure.”Coming to the visitors, Gokulam came back strongly by registering two wins and a draw in their last three matches after a poor start to the campaign.Placed fifth in the points table with nine points from six matches, the Malabarians, under the tutelage of experienced Indian coach Bino George, have displayed quality with their young Indian recruits playing well.The likes of Rajesh S, Arjun Jayaraj, Gani Ahmed Nigam have done well so far and they will fancy their chances on the morrow.My players are young and they will give their best. Not thinking about the opponents,” coach Bino George said.Gokulam were dealt with a blow when star striker Antonio German left the club on Wednesday citing personal reasons.We don’t have stars in our team. It is a team game and we can play without German,” coach George added. IANS Also Read: Sports Newslast_img read more

Sam Houston State Leads After Day One in Birmingham

first_imgDAY ONE RESULTS | DAY TWO HEAT SHEETS | Championships HomepageBIRMINGHAM, Ala. – Even with an afternoon power outage delaying action for the better part of an hour, the Southland Conference Indoor Track & Field Championships lit up the Birmingham CrossPlex on Wednesday. After day one action was all said and done Sam Houston State men and women both lead the team standings. Yarixza Rivera of Sam Houston State avenged last season’s silver medal weight throw finish, taking gold this year with a distance of 62-11.50 (19.19m), ahead of 2017 champion Lonnie Smith from Abilene Christian and McNeese’s Aanna Arvie. Women’s DMR Sam Houston State — — 11:59.67 In the women’s 5,000m, it was Rabea Schöneborn of Texas A&M-Corpus Christi who came out on top. After moving out to an early lead, she jostled for the 1-2 position with Michaela Hackett of Abilene Christian. Schöneborn would move out to a considerable lead just over the midway point of the race and while Hackett made her push to close the gap, it was the Islander’s show until the finish. Schöneborn took gold with a meet-record shattering time of 16:26.46, finishing nearly 100 meters ahead of second place. Alexandria Hackett took silver with 16:42.98 while Michaela earned bronze in 16:45.60. 11. Nicholls 1 The men’s heptathlon and women’s pentathlon opened competition, with three-time defending conference champion Tyler Adams beginning in strong fashion for Sam Houston State. The senior took commanding wins in the 60m dash and long jump to solidify a comfortable lead from the start with 1,743 points. Hunter Key of Stephen F. Austin drew closer with a win in the shot put, but Adams would still hold a 183-point buffer heading into the final four events. Tyler Adams continued his impressive performances on the day with a gold medal in the men’s long jump, reaching a distance of 24-02.25 (7.37m). Isaiah Pittman of Stephen F. Austin took silver (24-00.25/7.32m) while New Orleans’ Michael Strong finished third (23-08.75/7.23m). The senior Bearkat was not done yet, as he earned a second gold medal on the day in the high jump, clearing a height of 7-01.75 for first place. T5. Texas A&M-Corpus Christi 17 Day One Champions Next came a strong-fielded men’s 5,000m race. As the pack began to separate after the opening laps, defending meet champion Nathan Jones of McNeese headed a tight leading pack ahead of 2017 conference cross country champion Jamie Crowe of Lamar and Garett Cortez of UIW. With five laps to go, Crowe began to make his move, edging out in front but followed closely by Jones, both of whom separated from third place and the rest of the field. As the bell lap sounded, Crowe turned on the jets for a strong sprint, breaking away for a convincing gold medal finish in a time of 14:37.66. Jones clocked in at 14:41.46. Cortez finished third with a time of 14:51.46. Women’s Weight Throw Sam Houston State Yarixza Rivera Jr. 62-11.50/19.19m Pl. School Points 9. Houston Baptist 4 1. Sam Houston State 44 Men’s Shot Put Southeastern Louisiana Stevon Crooks Jr. 56-11.25/17.35m Women’s Team Standings After Day One Pl. School Points Women’s Long Jump Lamar Thai Williams Jr. 19-08.75/6.01m 3. Lamar 28 Men’s Pole Vault Stephen F. Austin Antonio Ruiz Jr. 18-00.50/5.50m 10. Central Arkansas 2 9. Texas A&M-Corpus Christi 11.5 T11. Houston Baptist 6 T11. New Orleans 6 T4. McNeese 19 1. Sam Houston State 48 On the women’s side, Grace McKenzie of McNeese led after the 60m hurdles, high jump and shot put, heading the pack with 2,453 points after the first three events were completed. With a third-place finish in the pentathlon long jump, McKenzie’s lead was narrowed to 131 ahead of Sam Houston State’s Courtney Lord with only the 800m to go. Despite a second-place finish behind Migle Muraskaite of Lamar, McKenzie held the total points lead to take the pentathlon gold with 4,030 points. On the men’s side, it was Lamar who took gold (10:00.84), with Stephen F. Austin earning silver (10:11.32) and Central Arkansas just edging Houston Baptist for bronze (10:11.73). 3. McNeese 26 The Southland Indoor Track & Field Championships will be streamed on the Southland Digital Network. Visit southland.org/live or download Southland Conference app, available for iPhone, Android, Apple TV, Amazon Fire TV and Roku. 4. Lamar 19 8. UIW 12.5 T5. Stephen F. Austin 17 Event School Name Cl. Distance/Time/Points 8. Northwestern State 8 Men’s 5,000m Lamar Jamie Crowe Jr. 14:37.66 2. Abilene Christian 41 Men’s Long Jump Sam Houston State Tyler Adams Sr. 24-02.25/7.37m Women’s Pentathlon McNeese Grace McKenzie Jr. 4,030 Day two gets underway tomorrow with the final three men’s heptathlon events starting at 8:30 a.m., field event finals beginning at 10 a.m. and running event finals from noon until 4:05 p.m. Click here for a full schedule of events. The distance medley relay finals closed out day one, with Sam Houston State taking first place with a final time of 11:59.67, followed by Stephen F. Austin (12:01.49) and UIW (12:09.62). Men’s Standings After Day One 7. UIW 16 2. Stephen F. Austin 40 Women’s 5,000m Texas A&M-Corpus Christi Rabea Schöneborn Sr. 16:26.46 7. Northwestern State 15 6. Central Arkansas 18 Men’s High Jump Sam Houston State Tyler Adams Sr. 7-01.75/2.18m T4. Southeastern Louisiana 19 10. Abilene Christian 10 Men’s DMR Lamar — — 10:00.84last_img read more