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https://killexams.com/exam_list/FinancialKillexams : Onanuga mock Obi over campaign promises
The Director of Media and Publicity of the All Progressives Congress (APC) presidential campaign council, Bayo Onanuga, has mocked the Labour Party (LP) presidential candidate, Peter Obi, over his plan to run a productive economy in the country.
Obi in his recently released manifesto said he planned to shift emphasis from consumption to production by running a production-centred economy driven by an agrarian revolution and export-oriented industrialisation if he emerges president next year.
The former Anambra State Governor had also stressed the need to cut down costs of government in order to address the crises ravaging the country.
But Onanuga in an article on Friday accused the former Anambra State governor of deceiving Nigerians with his campaign mantra.
Onanuga branded Obi a demagogue whose manifesto appears flowery but meaningless.
He said: “One of the mantras often mouthed by Mr. Peter Obi, the Presidential candidate of the Labour Party, is the promise to “shift emphasis from consumption to production”. In his manifesto, he says he will do this by running a production-centered economy that is driven by an agrarian revolution and export-oriented industrialisation.
“I doubt if Peter Obi and his moronic followers have ever for one second reflected on this mantra as it is self-contradictory and meaningless.
Fri, 09 Dec 2022 01:38:00 -0600Ripples Nigeriaen-UStext/htmlhttps://www.ripplesnigeria.com/onanuga-mocks-obi-over-campaign-promises/Killexams : Nancy’s finger and the mock Armageddon
According to surveys by the Pew Research Center, more than three-quarters of the adult population in the United States (77%) professed Christianity a dozen years ago. At the same time, surveys conducted in the last couple of years indicate that the religious map of the United States has gone through a significant change. Currently, less than two-thirds (65%) of the general public claim Christian beliefs, a fact that may seem sensational to a distant observer, given the traditional perception of American history. A hypothesis is thus necessary as to whether exact American events are related to changes in the religious beliefs of Americans, or whether they are an expression of the search for some kind of a new ideology of a more supportive and less “orthodox” Christian Americanism.
Fascinating, too, are the data on the longer-term trends in the relative representation of religious beliefs on the Capitol Hill. Over the past six decades, the number of congressmen claiming Protestantism has fallen by about a quarter. This means that Protestantism is hovering around an all-time low, and stands on the precipice of losing its “majority” in the legislative branch of the U.S. federal government (now 55.4% of Congress). Conversely, the number of members of Congress espousing political Catholicism has grown by more than 60% in that time frame, up to the level of 30% of Congress – but it should be noted here that this growth has not occurred in the last decade. Overall, people claiming beliefs labeled as “Christian” (Protestants, Catholics, Mormons, and Orthodox Christians) make up a little over 88% of Congress. Thus, if numbers are any guide, Christians continue to be over-represented in the distribution of political power, with Catholics more heavily so than Protestants. In terms of party affiliation, all but three of the representatives and senators elected from the Republican Party claim to be Christian, with seven in ten being Protestants, and Catholics representing a quarter. On the other hand, on the Democratic side, the proportion of Protestants and Catholics among Democrats is relatively even (43% and 34.1%, respectively).
Why all these numbers? America seems to have been changing steadily for some time now in the direction described above. To the wonder of the world, Protestants are gradually losing ground in what appears to be a well-established and persistent long-term trend. Meanwhile, however surprising its popularity may be, Catholic Christianity is gaining ground in America. This creeping change has largely gone under the radar. Instead, the popular press and some non-believers like to dwell on the alleged threat of charismatic branches of evangelical Protestant Christianity to the entire world, represented though they are in Congress only marginally for some reason. However, to draw far-reaching conclusions from numbers without laborious and extensive analysis of all the relevant circumstances would probably be presumptuous. After all, the Christian element is still the overwhelming ideological, political, cultural, not to say hegemonic (and even sometimes destructive) force today it has always been. The US role in the world cannot be understood without acknowledging the importance of religious (primarily Christian) beliefs on the words and deeds of Americans. We must take into consideration the prospect of a long succession of Catholic President from here on.
So why all the trivial numbers, which will remain steady and won’t change much with the incoming 118th Congress? The main point here is to point out the marked contrast between words and deeds, between what on paper should be and what actually is. It seems as if unbearable collective egos of different Christian faith factions are manifested in a conflict that is at once political and sectarian. Thus we see a stark contrast between the Faith on the Hill and the faith of the Sermon on the Mount. I understand the latest American developments to be apropo to the now legendarily raised index finger of the outgoing Speaker of the United States House of Representatives, Nancy Pelosi, expressed in the violence against her husband. The exact rather disturbing American upheaval is no doubt subliminally connected to the threatening, raised finger, and also very likely a harbinger of incipient tectonic demographic and social change. Paradoxically, at the end of this America may be more consensual, more ideologically flexible, but probably even more (not less) hegemonic. Therefore, it is in everyone’s interest to follow America’s ongoing societal change closely and analyze it carefully, for, though hardly anyone knows it today, what may eventually come of it can influence future world events.
Meanwhile, in my personal deep disappointment with some of the current manifestations of the intolerable collective Christian ego, I distill one clear warning and message to all democratically elected politicians. They must cherish the high standards (in all important respects) of their people; do not divide them, do not try to enrage them and drive them into the streets under the guise that you consider it a democratic requirement; strive to build basic unity in the mindset of the people, and especially strive to fulfill people’s longing for peace and tranquility, for opportunities for self-fulfillment in the company of loved ones and friends. Stop dividing people; deliver up the hope that people can be easily manipulated into irreconcilable ideological attitudes or even hatred, imagining that perhaps one interest group will prevail over the other one day, thus achieving its selfish goals at the expense of others. Whatever faith or branch we may profess, be each of us a brother or sister to one another and let’s put our common interest before our already unbearable and omnipresent group egos, demonstrated by a lack of brotherly love, mutual understanding and good-will. Let’s build the kingdom of God on Earth not by power but by love. Let’s put away our corrupt and cruel hearts. Let’s stop fighting and finally have mercy on one another.
Ivan Zahrádka is a citizen of the Czech Republic. He was born and lives in central Bohemia. He graduated as a mathematician from the Charles University of Prague and soon devoted himself to teaching and scientific activities. However, he spent the greater part of his career as an investment management specialist working for a few domestic and foreign private financial institutions at home and abroad. He currently works in Prague as a civil servant in the area of the financial market regulation.
Thu, 08 Dec 2022 03:53:00 -0600en-UStext/htmlhttps://blogs.timesofisrael.com/nancys-finger-and-the-mock-armageddon/Killexams : Inside SoftBank Vision Fund's awful, terrible, really bad year. How the venture fund tumbled, according to former employees, investors and rival VCs.
SoftBank's Vision Fund just experienced one of its most dismal years in its history.
The Japanese tech investor lost billions from failed bets like FTX and lost high-profile execs.
Eleven former employees and rival VCs spoke to Insider about the turmoil at the firm's venture arm.
When SoftBank investors tuned into the quarterly earnings call on November 11, a smiling Masayoshi Son — dressed comfortably in a dark mock-turtleneck and blazer — told them this would be his last time presenting the data.
For decades, the SoftBank chair and CEO had turned a routine call into a mesmerizing event with drawings, art, history, mysterious equations, and references to everything from Jesus to the golden goose. His quarterly earnings calls had become legendary.
But Son's eccentric leadership at the helm of the Japanese technology-holding company has created some spectacular misses for his venture investment unit, and the press has increasingly labeled those presentations as quirky, baffling, even delusional.
Despite the holding company announcing an overall profit for the first time in months, SoftBank posted a nearly $10 billion loss for the quarter on its venture investments, including its two Vision Funds and its Latin America fund. Venture-investment losses for the six-month period between April and September hit -3,350.7 yen, or about $24.53 billion, company representatives said.
During that final presentation, Son resignedly admitted "we have to be in defensive mode" so he was sending in Yoshimitsu Goto, the CFO of SoftBank, to handle future quarterly reports. Son said Goto is "more suitable than me" for "good defensive mode."
Because of a controversial compensation plan that gave Son a personal stake in the investment funds without paying cash up front — but still accruing interest — Son also owes SoftBank about $4.7 billion as of November 17, Bloomberg reported.
SoftBank's Vision Fund was once a power broker, having raised a jaw-dropping $100 billion in 2017, followed by plans to raise $108 billion for Vision Fund 2 in 2019 — two of the largest venture-investing vehicles ever established. But insiders are now questioning if it will ever regain influence, according to 11 ex-Vision Fund investors, former employees, VCs, and industry analysts who weighed in on the future of the Vision Fund. All identities are known to Insider but some requested anonymity because they were not authorized by the company to speak to the press.
A management crisis at the top
Though industry executives consider Son a "great visionary" who never shies from a big idea — as one ex-Vision Fund investor told Insider — executing on those ideas has proven a tougher affair.
In July, Rajeev Misra, a close ally of Son and longtime head of the Vision Fund, stepped back to take on a much-reduced role, Insider reported, and is laying the groundwork to start his own investment fund with several other senior partners preparing to follow him out the door.
Misra, a former credit trader at Deutsche Bank who led the firm's fixed-income business during the 2008 financial crash, quickly became Son's point man for complex transactions pulled from his investment-banking playbook.
He helped SoftBank overcome key hurdles in financing its $32 billion acquisition of the chip designer ARM in 2016, for instance, and played a pivotal role in winning over the Saudi Arabian government as partners in Vision Fund 1. Son is now personally focused on preparing ARM for an eventual IPO, he said in November. A successful spin-out of ARM would provide some much-needed redemption.
Yet, Misra has also often been mired in controversy. The Wall Street Journal published an exposé on Misra in 2020 claiming that he worked to sabotage rival SoftBank executives' careers. SoftBank and Misra denied the accuracy of the report.
Yanni Pipilis and Munish Varma, two managing partners at Vision Fund, are also leaving to join Misra at his new fund, Bloomberg reported, and one of Vision Fund 1's limited-partner investors, Mubadala Investment Company, is backing their new fund.
One London-based investor described Misra's ability to set up a new fund by poaching former colleagues and familiar LPs while continuing to oversee Vision Fund 1 companies as "baffling," given the usual noncompete clauses managers place in employment contracts.
"To leave your own fund seems kind of odd, and then to pull your entire team from your old fund into the new team seems odd, and then to have the same investors back you in the new thing seems odd," the investor said.
The setup is clearly a nonstandard one, though one SoftBank insider said that SoftBank has made efforts to Excellerate its corporate governance and conflict-management processes in exact years.
The exodus leaves Son in a tight situation. One ex-Vision Fund investor described Son, now taking the reins of Vision Fund 2, as someone who is "not a manager."
"He doesn't pretend to be one," the investor said. "He's not trying to keep trains running."
Since 2020, 10 high-level executives at SoftBank have departed, including Deep Nishar, the Vision Fund's senior managing partner; Marcelo Claure, the chief operating officer; and Katsunori Sago, the chief strategy officer. Sumer Juneja, a managing partner, will lead European investments.
For Richard Kaye, analyst and portfolio manager at Comgest, a SoftBank Group shareholder, the exact string of departures gives Son the opportunity to reel in management back to Japan.
"I think that after Marcelo Claure's departure, and with the growing success of SoftBank's Japan businesses SoftBank Corp and Z Holdings, Mr. Son wants to use his Japan team — I imagine the excellent CFO Mr. Goto especially among them — a bit more in his global operations," Kaye said. Claure, in contrast, was based in Miami.
The Vision Fund has consolidated into one international unit to better handle portfolio management for what was becoming a sprawling startup empire, Insider understands, with a former employee believing that more reductions in staff could even be possible.
However, given Son's aversion to being "in the weeds," according to a former Vision Fund investor, the exodus of frontline investors raises questions about SoftBank's plans for making future investments.
The investor noted that SoftBank was likely to slow down its pace of investment given the greatly slimmed-down team now overseeing its portfolio, to the point it may not deploy further capital at all. "You don't need senior people to do portfolio management," the investor said.
The market comes back to bite
There are other reasons to wonder about SoftBank's future venture strategy. Using its mighty war chest to write big checks that launched startups to multi-billion dollar valuations was easy to pursue in 2017, a time of low interest rates.
One rival investor described SoftBank's original strategy as one where they would "really throw their weight around," coming into deals with "structure" that would impose tough terms on founders who, in turn, panic that turning down the deal would result in frightening consequences.
"It was like, if you don't take SoftBank's money, you're fucked, basically," the investor said, explaining that founders felt the implication was that if they didn't take the money, SoftBank would go invest in the startup's competitor. "They hurt a lot of people's feelings."
One source close to SoftBank pushed back on this idea, noting that the Japanese firm often invested in multiple startups in the same sector, such as ride-hailing.
Today, with rising interest rates and a free-falling economy, investors are cautious of speculative-equity investments in the kind of cash-burning tech startups that form a fundamental part of the Vision Fund portfolios.
In the early days, SoftBank vigorously protected its biggest investments during times of crisis. It infamously offered WeWork a multi-billion dollar bailout package after WeWork's failed attempt to go public in 2019.
One cofounder of a startup SoftBank backed told Insider that when the startup floundered, the investor "stepped up with the emergency liquidity" and "deployed an immense amount of human resources" to deliver their business "a chance when they didn't have to," the cofounder said. "They wanted to avoid bad press associated with another bad investment."
However, investors question how willing the firm will be to rescue startups in need of a lifeline today. Kaye, for instance, said that Son "will not bail out struggling companies" in this current climate. It's a reality that is already playing out.
Klarna, the buy-now-pay-later giant that earned a $46 billion valuation after raising $639 million in a round Vision Fund 2 led last year, was chopped down in size in July. A reduced appetite among investors for cash-burning startups led it to raise $800 million at a $6.7 billion valuation from investors including Sequoia, Silver Lake, and Mubadala. SoftBank did not participate.
"Because they bailed out WeWork and because it was such a fiasco, the willingness of shareholders to endure another fiasco of a similar size has probably declined substantially," Richard Windsor, the founder and owner of the research firm Radio Free Mobile, said.
How can SoftBank rebound?
By August, the wisdom of SoftBank's go-big investing tactics became visible when it posted its worst performance ever — a $23.4 billion loss for the company, $17.3 billion of which came from marking down investments in the Vision Fund.
During his November presentation, Son admitted the folly of buying into startups at the height of the market and said he would pare back investing and slash costs to right the ship, including staff cuts at the Vision Fund.
"Again, Vision remains the same. Our beliefs remain the same. But like it or not, we know that we have to reduce operation costs," Son said.
At present, SoftBank is putting on a brave face about the state of its portfolio: In a results presentation in August, Navneet Govil, the CFO of Vision Fund, said that, as of June 30, 95% of portfolio startups have "cash runways of greater than 12 months."
In September, SoftBank floated the idea of raising a third fund, according to the Wall Street Journal, which would provide Son and company another chance at redemption. But there are signs that limited-partner investors, or even institutional investors of its public shares, have little appetite.
Elliott Management, which accrued a $2.5 billion stake in SoftBank at the start of the pandemic, sold the majority of that stake this year, according to the Financial Times, after losing faith in Son's ability to return value to shareholders amid rumors that SoftBank is weighing up going private.
Given its investing performance so far, the obvious question is what happens once Vision Fund 2 has reached full investment. For one London-based investor, the answer is clear — especially given the state of the economy.
"I just don't see Vision Fund 3 being an easy fundraise for these guys," the investor said. "Maybe that's the reason why all these guys are quitting."
Thu, 08 Dec 2022 03:32:00 -0600en-UStext/htmlhttps://www.businessinsider.com/inside-softbank-vision-funds-awful-year-former-employees-rival-vcs-2022-12Killexams : How NDC MPs jammed to Barima Sidney’s 'African Money' after approval of 2023 budgetNo result found, try new keyword!Parliament on Tuesday, December 6, 2022, approved the Budget and Economic Statement for Ghana for the 2023 financial year.Wed, 07 Dec 2022 07:27:00 -0600en-UStext/htmlhttps://www.ghanaweb.com/validate_user.php?url=%2FGhanaHomePage%2Fpolitics%2FHow-NDC-MPs-jammed-to-Barima-Sidney-s-African-Money-after-approval-of-2023-budget-1676030Killexams : 2023 NFL Mock Draft: Lions trade up to secure Jared Goff's replacement as QBs go 1-2-3
Houston has made it clear that Davis Mills is not the franchise quarterback, so the Texans cannot pass up an opportunity to add one with the first overall pick. Young is a leader and instinctual playmaker.
Detroit runs the risk of losing a top quarterback if it sticks at No. 5 overall. Meanwhile, Chicago is able to slide back, pick up some additional draft capital and still get one of the two elite defenders in this class. The Lions move up to get a long-term replacement for Jared Goff. Carolina was among the teams lurking.
Losers of two straight games, Seattle determines the long-term outlook with Geno Smith is not worth bypassing a quarterback at No. 3 overall. Stroud is still on the board, but not after the Seahawks selection.
Pittsburgh finds itself in the perfect situation of not having to decide whether or not to take one of the top quarterbacks while also getting one of the elite defensive prospects. Carter gives the Steelers some flexibility along the defensive line while adding some pass-rush potential up the middle.
Bernhard Raimann has shown improvement as the season has progressed to the point Indianapolis may not need to address the position this offseason. If that winds up being the case, the Colts should look to upgrade edge rusher, quarterback or cornerback.
Atlanta just needs to continue stacking talent on that roster. It has a few core offensive pieces with Drake London and Kyle Pitts. On defense, cornerback A.J. Terrell can be a star and edge rusher Arnold Ebiketie has shown promise. Simpson gives the Falcons flexibility at the second level to fit run gaps, rush the passer or use his length to impact passing lanes.
After taking Alabama quarterback Bryce Young with the No. 1 overall selection, Houston turns around and adds a talented, lengthy pass rusher from the state of Texas. The hope is that Young is the leader on offense and Wilson is that player on defense.
New York's issues at wide receiver have been well-documented this season. It is difficult envisioning anyone other than Wan'Dale Robinson and maybe Darius Slayton being on that roster long-term. Ohio State has produced NFL-ready wide receivers, so the hope is that Smith-Njigba is ready to hit the ground running.
Washington's defense has been a roller coaster. It was awesome two years ago, underwhelming last year and now impactful yet again. The Commanders have addressed every level of that defense with the exception of cornerback, but that changes here with the selection of Porter.
Boye Mafe could develop into a larger piece of that Seattle pass rush but, for now, it remains a concern. Verse would be the second edge rusher transfer to become a first-round pick out of Florida State in as many years.
Round 1 - Pick 21
Georgia • Jr • 6'7" / 270 lbs
Los Angeles brings in a big tight end who is not only a weapon in the red zone, but a valuable blocker both inline and in space. He can spring Austin Ekeler for big gains.
Robinson is going to go somewhere in the first round. Every franchise is looking at him saying it has bigger needs and its respective general manager would never take a running back in the first round, but it is going to happen somewhere. The run game is such a big part of Tennessee's identity, so it is easy to envision the Titans bringing in a workload back to eventually replace Derrick Henry.
Tee Higgins has elevated his profile in the absence of Ja'Marr Chase. Those two feel like the future at the position in Cincinnati. The Bengals could move on from Tyler Body in an effort to create salary cap space, but they do not have to sacrifice the production. Mayer would be that third outlet for Joe Burrow.
Minnesota added Andrew Booth in the 2022 NFL Draft, but injuries have held him back. The Vikings do not have a clear plan at the cornerback position, so Witherspoon alleviates some of those concerns. He comes out of an Illinois program that has produced smart, instinctual defensive backs under the direction of head coach Bret Bielema and his staff.
Odell Beckham Jr. is expected to be a free agent next offseason even if he signs with Dallas. James Washington is playing out a one-year deal. The Cowboys would still theoretically need another wide receiver to supplement Michael Gallup and CeeDee Lamb. Boutte has underperformed this season, but Dallas could capitalize with a supreme value.
Denver brings in a player that who compliment Justin Simmons on the back end. The Broncos obviously have bigger issues to sort out this offseason with the futures of head coach Nathaniel Hackett and quarterback Russell Wilson in the air.
CBS has been extremely active at predicting the upcoming draft by updating their viewers weekly with new mock drafts. For the Bears, they recently changed from having the No. 3 overall pick to the second over a week, and CBS was on top of it.
They have the Bears selecting star-studded edge rusher Will Anderson out of Alabama with the second pick in the draft. Anderson is an athletic, yet humungous (6-foot-4, 235 pounds) athlete on the edge. In his sophomore season, he recorded 17.5 sacks and 101 tackles. He already has 10 sacks this season, along with 51 tackles.
Here's what they have to say about the junior from Georgia and his fit with the Bears:
"The Bears moved on from Robert Quinn before the trade deadline, so they'll be in the market for an edge rusher in the offseason. They could also target an offensive lineman here to help Justin Fields, but Will Anderson Jr. is in the same pre-draft conversations as Chase Young and Nick Bosa when it comes to best non-QB players in a class."
The most exact mock draft from ESPN does not include updated picks, as they have the Bears drafting No. 4 overall. However, they believe the edge rusher will be available to the Bears at this point in the draft.
They have quarterbacks Bryce Young and C.J. Stroud, along with defensive tackle Jalen Carter off the board before Anderson.
Trying to shy away from the Anderson prognosticators, Jalen Carter is another option for a defensive line unit that lacks talent.
NBC Sports projects Carter off the board for the Bears with the No. 3 pick in the draft. Carter is a 6-foot-4, 310-pound behemoth. In 10 games this season, he has 25 tackles and three sacks. Along with Anderson, the two are a tandem amongst the highest-rated non-quarterbacks in this draft.
Here's what they had to say about Carter and the Bears:
"If pressed, I strongly believe Chicago trades down from the third overall position to acquire more draft capital. However, should the Bears retain the third pick, targeting Carter potentially addresses a number of defensive problems. Carter displays enough lower body strength to stymie the run and surprising quickness to penetrate into teams' backfields. Chicago could utilize his alignment versatility and energy to bolster an ineffective defensive line."
* * *
The Bears have a major advantage in the draft. Since they do not need a quarterback, they will likely have first grabs at the top pickings for non-quarterback athletes. Further, the team will have the leverage to trade down, since quarterbacks will be prioritized at the beginning of the draft.
The Raiders, Texans (currently own No. 1 and No. 7 picks) Lions, Colts, etc. could be in the running for a quarterback.
Plus, trading down is a lucrative gig.
Back in the 2021 draft, the 49ers traded three first-rounders and a future third-rounder to move up and select Trey Lance with the third pick in the draft. In the same draft, ex-Bears general manager Ryan Pace traded two first-round picks, along with a future fourth- and fifth-round pick to trade up to the No. 11 pick for Justin Fields.
Poles could stock up his already ample draft capital with more from a trade-down. Before the trade deadline, Poles acquired a second- and fifth-round pick from the Ravens for Roquan Smith and a fourth-round pick from the Philadelphia Eagles for Robert Quinn. The Bears have eight picks in the upcoming draft.
The more the merrier. Certainly, the Bears will have options in the draft.
Tue, 29 Nov 2022 06:44:00 -0600entext/htmlhttps://www.nbcsports.com/chicago/bears/nfl-mock-draft-roundup-bears-draft-picks-prospects-analysisKillexams : Ofori-Atta: Economist Slams Finance Minister For Falsely Quoting Scripture During Debt Exchange Announcement
An economist has said it was annoying that the finance minister quoted the scripture to convince the investor community that nothing will be lost under the debt exchange programme
Dr Theo Acheampong said the claim by Ken Ofori-Atta is false so it was unfortunate that he would try to quote the bible
According to Dr Acheampong if nothing at all financial institutions and investors would definitely lose something in the debt restructuring programme
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Economist Dr Theo Acheampong has said it was wrong for the finance minister Ken Ofori-Atta to quote scriptures to back his claim that nothing will be lost or broken under the debt exchange programme.
The political risk consultant thinks the reference to the Holy Bible is unfortunate because the minister was not right about his claim.
"Why do we mock God like this? Some financial institutions and investors are about to lose out and you say nothing is 'missing, lost or broken'? Abufusem – e dey bore waaa!" Dr
Announcing the details of the debt exchange programme on Sunday, December 4, 2022, the finance minister said quoted 1st Samuel 30:19 which says "nothing was missing, small or great. I say to you, nothing will be lost, nothing will be missing, and nothing will be broken. We will, together, recover all."
The exchange programme is the debt restructuring programme that the government needs to introduce in order to get the $3 billion bailout loan from the International Monetary Fund (IMF).
The finance minister explained Ghana will swap existing local-currency debt with four new bonds maturing in 2027, 2029, 2032, and 2037.
“The annual coupon on all these new bonds will be set at 0% in 2023, 5% in 2024, and 10% from 2025 until maturity,” he said in the video posted late Sunday on the Ministry of Information’s page.
Coupon payments will be semi-annual, he said.
Minority In Parliament Vows To Resist Attempts To Restructure Ghana’s Debt
Meanwhile, YEN.com.gh has reported in a separate story that the minority in parliament has said it will employ firm legal means to block the proposed Domestic Debt Exchange programme announced by the minister of finance.
According to the minority leader Haruna Iddrisu his side cannot support the policy in its current form.
The Tamale South MP told the media on Monday December 5, 2022, that the opposition MPs will not accept the proposed debt restructuring programme and it would not be allowed to proceed.
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Mon, 05 Dec 2022 03:02:00 -0600entext/htmlhttps://yen.com.gh/politics/223925-ofori-atta-economist-slams-finance-minister-falsely-quoting-scripture-debt-exchange-announcement/Killexams : Mock Beefs up Lions Defense With ‘Immediate Dividend’ Draft Haul
Getty Jalen Carter makes a tackle against Michigan in a 2021 game.
With the Detroit Lions looking like they could be poised to stay within the top five of the NFL draft next year, the focus for the team remains on what figures to be a very bright future.
The team is in the hunt late in the season now, but it’s impossible not to think of the dividends that a pair of fairly high draft picks will provide. As mock draft season starts to get underway, that’s only becoming more of the case.
Recently, Dane Brugler of The Athletic took a look at putting together his first mock draft. Brugler’s mocks at the site are different, because as he admits, he bases them entirely off intelligence he gains rather than an opinion about what he would do.
To that end, Brugler’s first pick for the Lions with the third-overall selection was an interesting one. He had the team going with Georgia’s Jalen Carter to boost the team’s defensive line.
“With his body control and explosive power, Jalen Carter is a tough player to contain on the interior. In Carter and Alim McNeill, the Lions would have one of the best young defensive tackle duos in the NFL,” Brugler wrote.
A bit further down the board with Detroit’s projected other top selection at 13, Brugler had the Lions landing Penn State cornerback Joey Porter Jr. with the pick. As he wrote, Porter could be an ideal player to help Detroit’s backfield to step up their game.
“Joey Porter Jr. is a long, physical athlete and owns the traits that would appeal to head coach Dan Campbell and the Lions’ decision-makers. Yes, he is overly grabby and needs to scale back his contact mid-coverage, but his aggressive nature will be viewed as more of a strength. A draft haul of Porter and Jalen Carter would pay immediate dividends for the Lions’ defense in 2023,” Brugler said.
Having both players in the mix would certainly boost one of the weak spots on the team considering how bad the Detroit defense has been most of this season.
While this mock doesn’t net the Lions a quarterback, it does fill some immediate needs for the team that could make them better overall very quickly in 2023. Most folks agree the Detroit defense has been way worse than the Lions’ offense this season.
Additions like this, if they played out, could quickly help that dynamic turn around in the coming years.
Carter’s College Stats & Highlights
In terms of a player who could play a huge role up front for the Lions, Carter is a guy that would be an immediate difference maker for Detroit in the trenches.
Far too often this season, the Lions have gotten pushed around at the point of attack with regards to the run game. Additionally, they’ve struggled to rush the passer. Carter could help in solving both of those problems himself.
At Georgia, Carter will likely finish his career with 76 tackles, 16.5 tackles for-loss and five sacks to go with two forced fumbles and two passes defended before the postseason. In terms of his talent, he’s an obvious space eater who could get along well with Alim McNeill.
Jalen Carter HighlightsNFL defensive tackle prospect Jalen Carter highlights2022-01-05T01:17:08Z
Many think that Carter is one of the best players likely to be available in the 2023 NFL draft. If he’s available and the Lions are able to snatch him up, he could help change the dynamic for Detroit’s defense.
Porter’s College Stats & Highlights
In terms of Porter, there is a lot to like about the young cornerback as this piece alluded to. He’s been battle tested in the Big Ten and has elite NFL bloodlines considering former linebacker Joey Porter is his father.
Clearly, Porter is his own man in terms of his play, though, which is something that he has proven time and again when playing for Penn State. Statistically, he’s been solid given he has racked up 112 total tackles, one interception and 20 passes defended in a four year career with the Nittany Lions.
Son of Former NFL All-Pro 👀 || Penn State CB Joey Porter Jr. Highlights ᴴᴰSubscribe, Like this Video & Turn On Notifications! (↓↓ click show more ↓↓) Instagram: instagram.com/justbombsproductions/ Twitter: twitter.com/JBP_Official Patreon: patreon.com/justbombsproductions Facebook: facebook.com/Just-Bombs-Productions-255863801590167/ Check out my backup channel: youtube.com/channel/UCT48sLMEjRc40Ts-cm70E3w Intro song: youtube.com/watch?v=6k1FRzJn5VI ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Welcome to JustBombsProductions! The #1 source for NFL Draft Highlights. Subscribe to watch the best college football, basketball & baseball highlight videos. Feel free…2022-05-21T21:00:00Z
Between Porter and Carter, the Lions would be in good shape moving forward at two key positions on the field on defense. These would be a good pair of building blocks for a very needy roster in terms of depth and elite playmaking.
Wed, 30 Nov 2022 02:01:00 -0600Max DeMaraen-UStext/htmlhttps://heavy.com/sports/detroit-lions/mock-draft-jalen-carter-joey-porter-jr/Killexams : Destined for the Dump, Construction Waste Gets New Life in the Garden
Construction waste has long been a bane of ecologically minded architects. So a trio of designers zeroed in on what they felt was a particularly egregious example: the “architectural mock-up.”
Created before construction starts on a large real estate development, a mock-up is a one- to three-story model of a facade, often including windows, part of a roof and other features. It is used to test a design before embarking on a project, but afterward, it often ends up in a garbage heap.
“These are brand-new, highly sophisticated, incredibly intelligent assemblages ready to have a new life,” said Ivi Diamantopoulou, an architect who, with her partner Jaffer Kolb, founded New Affiliates, a boutique design firm in Manhattan.
They teamed up with Samuel Stewart-Halevy, a doctoral student in architectural history at Columbia University, to repurpose the structures for practical purposes in community gardens around New York. Their program, called Testbeds, recently completed its pilot project — a jazzy new shelter in a garden on the Rockaway peninsula in Queens — and they hope the example will spur others to find new uses for mock-ups, thus diverting them from landfills.
But it remains to be seen whether Testbeds can be scaled up in a cost-effective program — and whether repurposing mock-ups can make a dent in the real estate industry’s mountain of waste.
“The problem is enormous,” said Felix Heisel, an assistant architecture professor at Cornell University and director of its Circular Construction Lab. “And one of the real problems is that very few people are aware of it.”
Across the country, 600 million tons of waste is generated in the construction and demolition of buildings and infrastructure, according to a 2018 estimate from the Environmental Protection Agency. New York State alone produced more than 15 million tons of the stuff in 2019, according to the state’s Department of Environmental Conservation. A 2003 report indicated that construction and demolition waste accounted for 60 percent of New York City’s waste stream.
“For every bag of garbage people put out on the curb, the construction industry is producing twice as much waste,” Mr. Heisel said.
But waste is generated at the beginning of a building’s life, too, and architectural mock-ups are a prime example of how valuable resources are squandered in the construction process, Mr. Heisel said, pointing to the labor that goes into making the materials, not to mention the climate-warming carbon produced in their manufacture and transport.
Mock-ups, which are a fraction of the size of the buildings they are made for, are often designed by architects and consultants and can cost hundreds of thousands of dollars, industry experts say.
There are two types. The first is a visual mock-up, which is made to try out custom finishes and features and get a sense of how everything will look together on the building; they are sometimes erected right on a construction site.
The second type, a performance mock-up, is built to see how a structure will hold up under use. At testing facilities, they are blasted with water and air to simulate harsh weather and subjected to other trials. In what’s sometimes called a mob test, they may be attacked with baseball bats. After tests are completed, they are often thrown out.
“Right at the moment they prove the building facade system will work, they’re rendered completely useless,” Mr. Stewart-Halevy said.
The Testbeds designers zeroed in on garden structures after noticing that the casitas and toolsheds in green spaces around New York were about the same size as mock-ups. In 2018, they pitched their reuse concept to the Department of Parks and Recreation’s GreenThumb program, which oversees more than 550 community gardens run by volunteers on city-owned lots throughout the five boroughs.
Carlos Martinez, GreenThumb’s director, was enthusiastic about the idea, which he said was “in the spirit of community gardens,” in which volunteers often cobble together makeshift benches, trellises and various types of structures with whatever materials are on hand.
The Testbeds team identified a facade fragment for the pilot project — a visual mock-up made for 30 Warren, a luxury condo in TriBeCa designed by François Leininger, Line Fontana and David Fagart. Measuring 21 feet by 10 feet, the mock-up incorporated panels of tinted high-performance concrete that had been poured into molds lined with corrugated cardboard for texture; the panels surrounded a big window set in a frame of Champagne-colored anodized aluminum.
The condo’s developer, Cape Advisors, had installed the mock-up in 30 Warren’s sales gallery to help prospective buyers visualize what the building would look like, said David Kronman, the firm’s president. Once the condo units were sold and the sales gallery closed, Cape Advisors helped arrange storage of the mock-up for Testbeds.
Mr. Martinez introduced the designers to organizers who had been working to start a community garden on a weedy vacant lot in the low-income neighborhood of Edgemere in the Rockaways.
“We wanted a greenhouse, a classroom, a space that could be used when the weather was bad,” said Alexis Smallwood-Foote, one of the garden organizers and a longtime resident of Far Rockaway.
Completed in August, the modernist structure consists of three rooms under a common roof that also shades outdoor space. The mock-up provided the facade for the largest room, its window bringing light to that space. The rest of the structure was built from off-the-shelf materials like pressure-treated lumber for framing and corrugated metal for the roof.
The project has garnered recognition — it will be part of an exhibition at the Museum of Modern Art — but there are financial hurdles to overcome before Testbeds can be rolled out more broadly.
The designers raised the $70,000 needed for the shelter through grants, private donations and in-kind contributions. They hope to secure a funding stream for future garden structures — one idea is to have the developer donating a mock-up pay for the entire conversion project. Because the size and design of future structures will depend on the needs of gardeners and site conditions, costs will vary.
On a exact morning in the Garden by the Bay, as the Edgemere garden is called — where sea gulls swooped and, farther overhead, planes ascended from nearby Kennedy International Airport — the volunteers greeted the designers with hugs and spoke to visitors of their plans.
Jackie Rogers, an Edgemere homeowner who has become the garden’s president, said the volunteers wanted to get electricity to the new building for cooking demonstrations with the produce they were growing, and they have envisioned putting on puppet shows using the large window opening from the mock-up for the stage.
Mr. Heisel of Cornell applauded the way the designers had turned something destined for the dump into a community asset. But he also said mock-ups themselves should be rethought. If they were designed to be broken down with their parts reused in the building to be constructed, the structures could reduce waste and provide a “trial run” for how the building could one day be disassembled.
“The mock-up can become a new tool that foresees a circular economy,” he said.
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