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Mauricio Pochettino reveals coffee meeting with Unai Emery after losing Spurs and Arsenal jobs Advertisement Comment Advertisement Phil HaighFriday 22 May 2020 10:57 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1kShares Unai Emery and Mauricio Pochettino have put rivalries behind them (Picture: Getty Images)Mauricio Pochettino met up with Unai Emery for coffer and to chat about their times in north London after they lost their jobs at Tottenham and Arsenal, respectively, last year.Pochettino and Emery were sacked within 10 days of each other from their Premier League roles after poor starts to the season for both.It was a sad end to a successful time in charge of Spurs for the Argentine, while the Spaniard’s regime at Arsenal never really got off the ground.They had very different times on either side of the north London divide and Pochettino has revealed that he and his assistant, Jesus Perez, met with Emery after their dismissals to talk things over – much to the surprise of onlookers in the capital.AdvertisementAdvertisementADVERTISEMENT‘Before the pandemic, me and Jesús met with Unai for a coffee, to talk and share our experiences,’ Pochettino told the Guardian. ‘We were working in different clubs, we were at the enemy, and people were walking past and saying: “Unai and Pochettino and Jesús are now sharing a coffee!” ‘It was in Cockfosters [in north London]. It was very funny.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘It has been an amazing time to review and analyse everything: training sessions, games, our methodology, our models of training … to design specific and collective works. And, of course, to try to adapt for the new normality, to be ready for any eventuality, because the demands are going to be completely different.’Pochettino’s family is still settled in London and a Premier League return remains a possibility for him, although he is keeping his options open as he looks for the ideal return to football.‘We are looking forward for the next job,’ said the 48-year-old. ‘Football is very dynamic and you need to be ready for the moment when the offer appears. We are ready. After six months, our tanks are completely full.‘It’s about the club and, of course, the people, the human dimension. We are so open. Of course, we love England and the Premier League.’MORE: Arsenal and Chelsea keeping tabs on Gladbach teenager Kaan KurtMORE: The ridiculous rule Arsene Wenger wanted to introduce after Arsenal were battered by StokeFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.
Metro Sport ReporterTuesday 11 Aug 2020 9:01 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2kShares Advertisement Comment Arsenal are targeting Ajax winger Quincy Promes (Getty Images)Arsenal are targeting a move for Ajax winger Quincy Promes, according to reports.The Gunners are already closing in on a deal to sign Willian on a free transfer from Chelsea.But Mikel Arteta is looking to bolster his attacking options even further in the transfer window.And according to The Sun, Arteta is keen to bring Promes to the Emirates Stadium this summer.ADVERTISEMENTThe 28-year-old moved to Ajax from Sevilla for £14 million last summer and scored 16 goals in his debut campaign for the Dutch club.Promes typically plays on the left flank, which means his arrival at Arsenal would allow Pierre-Emerick Aubameyang to move into his favoured central role. Advertisement Quincy Promes scored 16 goals in his debut season for Ajax (ANP Sport via Getty Images)The Sun’s report also claims that Promes would jump at the opportunity to join Arsenal this summer.AdvertisementAdvertisement‘Quincy would go in a heartbeat,’ a source close to the player told The Sun.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘It would be a great move for him and Arsenal.’Promes, who has 42 caps for the Netherlands, has previously been linked with a move to Liverpool.Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page. Quincy Promes keen on Arsenal move as Mikel Arteta targets Ajax winger
Shareholders ramped up opposition to listed company pay proposals this year, according to the UK’s asset management trade body.The Investment Association (IA) said data from the 2017 annual general meeting (AGM) season showed FTSE350 companies were responding to investor pressure to reduce executive remuneration.“At a critical time for pay policy renewal, investors are effectively holding FTSE100 and FTSE250 companies and their individual directors to account on executive remuneration,” it said.Recent analysis from the CIPD and the High Pay Centre showed that UK chief executives’ average pay fell 17% in the past 12 months. Chris Cummings, CEO of the IA, said: “Data from the 2017 AGM season shows that investors are flexing their muscles and holding big business to account.“Executive pay amongst the UK’s largest companies is starting to decline to a level more in line with shareholder expectations. There is still some way to go, but a strong signal has been sent to boardrooms around the country that investors won’t tolerate rewards that are out of line with company performance and have concerns about executives’ spiralling pay.”The business minister, Margot James, said the UK’s largest companies were showing encouraging signs of listening to shareholders as well as wider concerns about executive pay.“But with an increase in the number of shareholder rebellions at FTSE 250 firms over bosses’ pay packets we cannot afford to take our eye off the ball,” she said.The UK government is expected to publish soon its response to a consultation on corporate governance reforms it set out in a green paper in November last year.James said the government’s reforms would “improve boardroom accountability and enhance our reputation as one of the best places in the world to do work, invest and do business”. According to the IA’s analysis, investor “rebellions” – more than 20% of votes against – against executive pay resolutions at the UK’s top 100 listed companies were down from 14 in 2016 to nine this year, but nearly doubled at FTSE250 companies.In 2017 29 FTSE250 companies experienced more than 20% dissent against pay proposals, up from 15 last year.The IA attributed the fall in opposition to pay policies at FTSE100 companies in part to the strong dissent experienced in 2016. Firms that came under pressure last year submitted “more conservative” policies this year, which were more in line with shareholder expectations.In addition, six FTSE350 companies withdrew executive pay packages before their AGMs due to fears of significant opposition: Aveva, Aggreko, Chemring, Imperial Brands, Hunting, and Safestore.This year’s AGM season differed from last year’s as most listed companies had to seek a binding vote on their policy for executive remuneration. This has to be renewed every three years under legislation introduced in 2013.There was a sharp increase – 400% – in the number of companies experiencing a substantial vote against at least one director’s re-election. In 2016, only four directors’ re-elections were opposed by more than 20% of voting shareholders. This year 21 directors faced significant opposition to their re-election. #*#*Show Fullscreen*#*#
Policy-makers should take immediate action to harness banking prudential regulation to tackle the climate finance “doom-loop”, as existing measures focussed on transparency, risk modelling and stress tests would not be effective quickly enough, NGO Finance Watch has argued.In a new report, the group said the most suitable tool for the EU to take preventative action were prudential measures aimed at banks with assets at risk of being stranded and that contribute to climate-related macro-prudential risk.The tools to break the link between climate change and financial instability were already available in the form of the EU Capital Requirements Regulation (CRR), it argued, calling for higher risk weights for banks’ exposures to existing and new fossil fuel reserves.Finance Watch called for policy-makers to calibrate the risk weight for existing bank exposures to fossil fuel reserves at 150%, consistent with a provision in the CRR for applying 150% risk weights to exposures associated with risks that are particularly high or difficult to assess. New fossil fuel exposures, meanwhile, should carry a risk weight of 1250% under the standardised approach, with a similar floor for internal models, according to Finance Watch.This was its suggestion for what it said should be a risk weight chosen qualitatively, “rather than attempting to measure the unquantifiable macro-prudential risks resulting from climate change”.Applying a risk weight of 1250% as per its suggestion would make new fossil fuel lending by banks entirely equity-funded, according to Finance Watch, “an appropriate treatment” for the risks this activity carried. The European Commission in BrusselsThe organisation considers that the CRR contains a provision that would allow the European Commission to take immediate action to implement the modified risk weights until banks’ prudential requirements for fossil fuel exposurs have been amended in the CRR.Thierry Philipponnat, Finance Watch’s head of research and advocacy and author of the report, said: ”We know that climate change will have a significant impact on financial stability but no one can forecast with any accuracy how this risk will emerge.”Given the short time available, there is a need for decisive and immediate regulatory action, using prudential tools already available. Policymakers must not wait to assess unquantifiable outcomes before acting to avert financial instability.” Insight rolls out new risk rating, assesses sustainable investment COVID-19 performanceInsight Investment has introduced a research rating system for assessing bond issuers against a set of proprietary environmental, social and corporate governance (ESG) risk metrics, it said today.The £681bn (€752bn) asset manager described the rating as a quantitative risk-analysis tool providing “a fresh feed of data into Insight’s credit research hub, alongside non-ESG inputs”.Joshua Kendall, senior ESG analyst at Insight, said: “Our credit analysts find many holes in externally-available information and poor agreement among data providers about what constitutes an ESG risk.“Also, for many smaller issuers, particularly emerging market or high-yield companies, the availability of relevant non-financial data lags information from larger issuers.”“We believe there is not compelling evidence that green bonds are inherently more or less defensive for investors than their brown equivalents”Rob Sawbridge, senior portfolio manager, Insight InvestmentLast week Insight published research showing that green bonds did not outperform conventional bonds during the COVID-19 volatility in March and April.In a report, Rob Sawbridge, senior portfolio manager, said some recent third-party analysis has used index performance to conclude green bonds had outperformed in recent market turmoil, but that this did not consider the quality or sector differences between such indices.Insight’s analysis, which considered maturity-matched pairs of bonds issued by the same company, indicated to the manager that there was little evidence that green bonds systematically outperformed brown equivalents over the period in question.“We believe there is not compelling evidence that green bonds are inherently more or less defensive for investors than their brown equivalents,” wrote Sawbridge. “However, as investors switch to more impact-focused metrics in their strategies, we may see a clearer premium (the so-called ‘greenium’) offered by green bonds.”The manager also said that companies with better ESG ratings were generally more resilient during the turmoil, and that sustainability-focussed portfolio tilts and allocations were likely to have helped investment performance.EFRAG corporate Reporting Lab’s next projectThe steering group of the European Corporate Reporting Lab at the European Financial Reporting Advisory Group (EFRAG) has appointed the members of the group working on a project on non-financial risks and opportunities, and linkage to the business model.The members have expertise on reporting of non-financial information from a variety of perspectives, including as “preparers”, “users” – institutional investors and rating agencies – and standard setters.User representatives on the group include Tegwen Le Berthe, head of ESG scoring and methodology at Amundi, Desmartin Jean-Philippe, head of responsible investment at Edmond de Rothschild Asset Management, and Ulrika Hasselgren, global head of sustainability and impact investment at Danske Bank.The European Lab was established by EFRAG following a call by the European Commission in its 2018 sustainable finance action plan. Its first project was on climate-related reporting.The aim of the second project is “to identify good reporting practices around the theme of the project from a sustainability perspective and addressing what is commonly known as ESG factors”.Alain Deckers, head of unit on corporate reporting, audit and credit rating agencies at the European Commission and vice-chair of the European Lab steering group, said: “The output of the second project of the European Lab is expected to identify practical examples on how to present adequate information on sustainability-related risks and opportunities in corporate reports.”Candriam-GRI join forcesCandriam is partnering with a research unit at the London School of Economics and political science (LSE) focussing on the social dimension of a shift to a low carbon economy.As part of the three-year ’Sustainability, Investment, Inclusion and Impact’ (SI3) initiative Candriam and the Grantham Research Institute on Climate Change and the Environment (GRI) will “faciliate innovative research, strengthen dialogue, and promote the international exchange of ideas on ways to ensure that climate action delivers positive social impact”.The partnership will be led by Nick Robins, GRI professor in practice for sustainable finance, with oversight from CEO of Candriam, Naïm Abou-Jaoudé.Filtering a more effective ESG strategy?Divestment and engagement are mutually reinforcing rather than the former precluding the latter, Scientific Beta has said in a new publication.It said that those who deem ESG divesting strategies as incompatible with engagement sometimes see ESG mixing strategies – the term it uses to describe what elsewhere may be called ESG integration – as a good match with ESG engagement.“However, contrary to common perception, ESG mixing strategies – such as over/underweighting based on ESG scores or using portfolio-average ESG scores as a constraint or objective in an optimiser – also lead to divesting based on ESG scores,” it said.But divestment stemming from “straightforward ESG filtering” is more effective, the smart beta index provider argues, because it is concentrated on ESG laggards and “sends unambiguous and predictable – and therefore actionable – signals to all companies”.“In combination with ESG engagement, in particular through collaborative ESG campaigns, we argue that ESG filtering sets the ground for an effective ESG investing policy,” it said.WBA boost supervisory boardThe World Benchmarking Alliance (WBA) has added six new members to its supervisory board to take it to 10 as it seeks to establish itself as ”an agent for systems change to build more resilient companies and a more sustainable future for all”.The WBA’s main concrete output is benchmarks to highlight and compare companies’ performance in relation to the UN Sustainable Development Goals. The corporate human rights benchmark, for example, which is part of the WBA, is used by many investors to inform investment analysis and engagement.The WBA is chaired by Paul Druckman, former chair of UK Accounting Standards, a former board member of the UK’s Financial Reporting Council and former founding CEO of the International Integrated Reporting Council (IIRC). The rest of the now larger supervisory board can be seen here.To read the digital edition of IPE’s latest magazine click here.
LocalNews “Treat everyone like they are HIV positive” – Julie Frampton by: – December 1, 2011 Share Sharing is caring! Share Tweet Share 45 Views no discussions National HIV/AIDS Coordinator Nurse Julie Frampton is advising the general public to “treat everyone like they are HIV positive”. Frampton who was speaking on the heels of International World AIDS Day which is being observed on December 1st annually said “HIV is not written on anyone’s face hence everyone must be treated like they are HIV positive”.Nurse Frampton is also optimistic that scientists will soon find a cure for the deadly disease.The South Florida Community dispensing care, treatment and prevention of the AIDS/HIV disease as well as patients got heartening news recently as scientists managed to create cells in mice which are immune to the virus. Frampton said while a lot of research is being done, because of the nature of the virus, a cure may or may not be imminent. Let us keep our fingers crossed that there will be some form of resolution. As far as we know, research is being done and a lot of work. If and when they find a cure, the whole world will be pleased”.She said further that Dominica will continue to push to educate the nation on the effects and prevention of the deadly disease.“The theme for this year’s world AIDS day is getting to zero, which means zero new infections, zero discrimination, zero AIDS related death. A lot is being done. We are always out there providing HIV education and behavior change communication. What we would like to see persons do more of is to use that information and transfer it into behavior change,” she explained.Dominica Vibes News
CLEAR LAKE, Iowa – Side Biter Chassis continues its support of IMCA Modified drivers in the North Central Region again in 2020. “Ryan has really diversified not only his business, but his involvement with IMCA racing in the past couple of seasons,” IMCA Marketing Director Kevin Yoder said. “In 2020 he’ll demonstrate his commitment not only as a great chassis builder and as a Modified racer, but as a promoter at Hancock County Speedway as well. These three levels of support really speak to his love of IMCA racing.” Side Biter is owned by IMCA Modified veteran Ryan Ruter and all drivers in the region are required display two Side Biter decals on their race car to be eligible for point fund shares. The North Central Region has crowned 22 different champions from five states since it was established in 1993, with just two repeat kings in the last 20 years. More information about Side Biter chassis and services is available by calling 641 357-1600 and at Facebook.com/Ruter Racing. Champion of the Side Biter Chassis North Central Region earns $2,500, with $1,250 for second, $625 for third, $325 for fourth, $300 for fifth and $200 for sixth through 10th. For a fourth consecutive season, the Clear Lake, Iowa, chassis builder returns as title sponsor and provides a portion of the $6,000 point fund for the region comprised of tracks in Illinois, Iowa, Minnesota, North Dakota, Saskatchewan, South Dakota and Wisconsin. Point fund checks will be presented during the national awards banquet in November, or mailed beginning the next week from the IMCA home office.
…Fifth round bowls off tomorrowFRONT-RUNNERS and defending champions Guyana Jaguars will look to extend their dominance when Cricket West Indies (CWI) Professional Cricket League Regional 4-Day Tournament resumes tomorrow..The Jaguars played outside of their home territory for the past three rounds, will resume home advantage against third-place leaders, Barbados Pride at the Guyana National Stadium, Providence.Currently, the Jaguars sit on 64.8 points, 20.2 points ahead of second-placed Leeward Island Hurricanes (44.6), Barbados Pride (42.4), Trinidad and Tobago Red Force (41.8), Jamaica Scorpions (36.6) and Windward Islands Volcanoes (18.4) complete the points table after four rounds.Complacency will be the only thing that Leon Johnson and company will have to resist, but the Jaguars have never given the impression that this is something which embeds itself in the way they operate.They have won three of the four games in convincing fashion, and playing their next three games at home will definitely give them that additional motivation.The Guyanese will be aiming for a fourth straight title, and according to manager/assistant coach of the Jaguars unit, Rayon Griffith, his charges have played some excellent cricket to date.Speaking to Chronicle Sport yesterday, Griffith, the former Guyana fast bowler, is optimistic that the team will utilise home conditions to the fullest, adding that the Jaguars must not take the next three games lightly.“We played some very good cricket so far, and the confidence among the players is high.“Definitely we know our home turf…we have a good record at home, but haven’t said that can’t afford to be complacent at any point. We need to take one game at a time,” Griffith said.The Jaguars have be a dominant force in both departments of the game since the inception of the League, but over the years, and especially this season, the opening slot has been the Jaguars’ main problem – an issue, Griffith is well aware of.To this end, the 38-year-old is appealing for more consistency so that a better foundation can be laid for the rest of the batting unit.Further, Griffith, who represented the country in 22 first-class matches, indicated that the squad for the fifth round will be named today.Tomorrow’s match starts at 09:30hrs and admission into the venue is free.Other fifth round matches will see Leeward Islands Hurricanes host Trinidad & Tobago Red Force at the Sir Vivian Richards Stadium, while Jamaica Scorpions play host to Windward Islands Volcanoes at Sabina Park in JamaicaThe tournament will again be contested under a round-robin format, featuring 10 rounds of matches, comprising five home and five away fixtures apiece, for each of the six franchises. The team to accumulate the most points will be declared the Champions.