By Myriam Ortega/Diálogo December 14, 2017 The military humanitarian logistics exercise AMAZONLOG17, held November 6th–13th, integrated the armed forces of the Amazonian tri-border area (Brazil, Colombia, and Peru) and simulated natural disasters. Eighteen members of the Colombian National Army General Staff joined the temporary multinational base in Tabatinga, Brazil. “Both logistics and operational capacities were measured in a typical jungle environment, where communication and supply lines are more difficult,” Colombian Army Colonel Jorge Eduardo Cepeda Jiménez, director of the AMAZONLOG17 Multinational Exercise for the Colombian Army, told Diálogo. “This is the first time that such an exercise is done in the hemisphere, with participation of the tri-border nations.” Colombian presence The Colombian delegation consisted of the 26th Jungle Brigade, the Counternarcotics Infantry Brigade, the Military Health and Engineers Command, and the Development and Integral Action Support Command. “Colombia participated in the exercise with 145 men belonging to the disaster response brigade and 14 tons of medical supplies, food, and logistics equipment for the exercise,” Colombian Air Force Colonel Osman Eucardo González Ortiz, commander of the Amazonas Air Group, told Diálogo. “During the planning of the exercise, we saw the need to involve the other forces,” Col. Cepeda said. “So, the Colombian Air Force and Navy joined in. Each contributed the necessary logistics for the exercise.” The Colombian Air Force (FAC, in Spanish) transported Colombian personnel and cargo for the logistics deployment of the exercise in Leticia. “[FAC] participated with a Bell 212 helicopter equipped for rescue and medical evacuation missions, and an airplane capable of conducting special mobility operations, prepped for cargo drops, paratroopers, and large-scale medical evacuation,” Col. González said. “It also brought a C208 [airplane] capable of conducting command, control, and surveillance missions of affected areas.” For its part, the Colombian Navy (ANC, in Spanish) put three motorboats, a ship, and two inflatable boats at the Army’s disposition. “We all support each other. If anyone lacks something, there is someone from another force to supplement them,” ANC Lieutenant Commander Tomás Gabriel Contreras, commander of the Amazonas Coast Guard Station, told Diálogo. General Staff members of the three countries planned the events and coordinated scenarios and strategies at the base in Tabatinga. Each country carried out most exercises in their own territory. Colombia’s first exercise was in Tabatinga and consisted of airdrops to supply a simulated isolated Colombian community in Brazil. “We simulated delivery of provisions, water, and medication to a [partially flooded] island that we could not otherwise reach,” Col. González said. “We needed to supply these types of supplies to ensure the people’s survival.” Fantasy Island Colombia’s other exercises took place in its own territory and were based on a flood scenario on Fantasy Island—a wooden hamlet built on stilts in the middle of the Amazon River. The site—where people live in poverty— had a high flood risk. “The exercise consisted of evacuating 120 people. The Navy first led a rescue unit from the Colombian Army,” Lt. Cmdr. Contreras said. “This unit was responsible for moving people toward the island’s exit point on land. We did an extraction with our units to evacuate people and take them to Victoria Regia dock [in Leticia].” ANC used the ARC Arauca vessel to command and control boats’ movement. “We had transport boats and a rapid response unit to escort people in case someone fell into the river,” Lt. Cmdr. Contreras said. “At night, we marked the area [with flares] to rescue people who were not evacuated on time during the day, so that the Air Force and Army helicopters could carry out the rescues.” Synergy among forces “We performed a mock evacuation of certain patients in critical condition who could not move on their own,” Col. González said. “Techniques used involved stretchers with safety hooks and a rescue long line.” All people rescued were brought to the dock, where groups from Civil Defense, the Navy, the Army, and the Red Cross provided medical care. They were then transported to a campsite at the Stadium in Leticia. “We prepared 100 tents with shelters. The Health Battalion, Integral Action, and Strategic Communications participated during the day,” Col. Cepeda said. “At night, in a mock situation, a family had lost a relative. We sent out thermal drones, activated a rescue group from the Aerial Assault Division, and performed the rescue.” The exercise ended the next day with the community’s return. “Those were hours filled with challenges and learning,” Col. González concluded. “When we dedicate forces or equipment solely and exclusively to these types of activities, everything flows in a very efficient manner.”
The experiment was run twice, once with positive CSR information signalling potential future growth, and then with information giving a potential negative signal about potential future risks.According to the article’s authors, the results suggested that CSR information released at a different time to that for financial data could lead to “asymmetric anchoring” by investors.The researchers found that investors receiving positive CSR information in this way did not react to it, indicating a strong anchor to the evaluations based solely on financial data. When CSR and financial information were disclosed simultaneously investors seemed to include the positive CSR information into their valuations and generate higher firm valuations than investors who received the information sequentially.However, when the CSR information was negative investors responded to it much in the same way whether or not its disclosure was “temporally disconnected” from the financial information.“They almost fully overcome any anchoring effect from initial valuations based on financial information only,” according to the researchers.“Investors’ asymmetric anchoring is induced by differences in cognitive effort invested in CSR information processing, which depends on whether CSR information signals future profits or losses,” they said.Bassen’s co-authors were Markus Arnold, from the Institute of Accounting at the University of Bern in Switzerland, and Ralf Frank of the German Association of Investment Professionals (DVFA). The DVFA provided the access to the investment professionals participating in the experiments, hence the German skew.The article can be found here.Impax to buy US SRI Pioneer PaxImpax Asset Management is to acquire Pax World Management LLC, one of the world’s first socially responsible investors, in a $52.5m (€43.9m) deal.Together, the asset managers would have £10.3bn (€11.7bn) of assets under management.The acquisition made strategic sense because both Impax and Pax were “pioneering firms focused on the transition to a more sustainable economy”, according to a statement.In addition, the companies said there was growing interest among asset owners around the world “in allocating capital to high-growth sustainable investment opportunities, in investment products that take a broad view of risk, including environmental, social and governance (ESG) factors, and/or that demonstrate positive, non-financial impact”.Pax was founded in 1971, when it introduced what it says was the first publicly available mutual fund in the US to use social as well as financial criteria in the investment decision-making process.Under the terms of the agreement, Impax will acquire 100% of Pax with an initial valuation of $52.2m, plus additional contingent payments of up to $37.5m in 2021, depending on Pax’s performance.ESG integration expectation surpriseLess than half of investment consultants and investors responding to a CAMRADATA survey said they expected asset managers to have ESG considerations integrated in their investment process. Last year’s survey found half of respondents expecting ESG integration at asset managers.Many investors have proclaimed their commitment to ESG investing and in recent years there has been a strong move in this direction, with companies signing up to measures such as the UN’s Principles for Responsible Investment.Sean Thompson, managing director at CAMRADATA, told IPE: “We were surprised that investors were suggesting that it wasn’t as important to them to have ESG integrated, or at least their asset managers to have ESG integrated in the investment process.“Overall it was an interesting one. While there were some undecided as well, it wasn’t clear-cut that people were saying ‘it’s very important’.”He suggested the result may simply be down to this year’s cross-section of respondents.There were 118 respondents to this year’s survey, of which 58% were asset managers and 42% were investment consultants and institutional investors. Most of the asset manager respondents managed money for pension schemes and insurance companies, while three-quarters of the 25 consultant respondents provided services to pension schemes only.The majority of asset managers in the survey said they have ESG integrated in their investment process. The survey can be found here.Beware green bonds’ exposure Green bonds are more exposed to environmentally-related credit risks, the Bank of International Settlements (BIS) has noted in its latest quarterly review.“While the management of environmental risks extends far beyond green bonds, it is important to avoid the misperception that green bonds are insulated from such risks,” it said. “In fact, among all rated bonds, those with a green label are more likely to be in sectors that are exposed to such risks.”The central bank organisation said that within a universe of corporate debt rated by Moody’s, 13.2% was issued by institutions in industries with moderate or greater exposure to environmental credit risk, and around 2.9% by institutions in industries classified as either immediate or emerging elevated risk.Looking at the industry composition of green bonds alone, however, 22.4% were issued in sectors with moderate or greater exposure to environmental credit risk, and nearly 14% by institutions in industries classified as either immediate or emerging elevated risk.The percentage of green bonds in high risk sectors was four times as much as that for overall rated debt, it said. The timing of a company’s disclosure of environmental, social and governance (ESG) information can make a difference to how that information is valued by professional investors, according to a new academic paper.The researchers concluded that corporate social responsibility (CSR) information “is not always treated entirely rationally by capital market participants”.Alexander Bassen, professor of capital markets and management at the University of Hamburg, Germany, was one of the authors of the paper. He told IPE the researchers chose the term CSR rather than ESG to address the corporate perspective. In academic literature, CSR is often understood as representing the perspective of corporates, while ESG represents the investor. The experiments involved presenting European – mostly German – professional mainstream investors either with CSR information alongside a company’s financial disclosure, similar to an integrated report, or with CSR disclosure in a standalone report “temporally disconnected” from the firm’s financial disclosure.
Tipperary football manager Liam Kearns has stuck with the same starting fifteen which lined out in the Munster Final for this evenings qualifier against Derry.He believes the experience of playing Kerry in the provincial decider ‘can only stand’ to his players.Peter Acheson will captain the side for this evenings match in Kingspan Breffni Park in Cavan which gets underway at 5 o’clock. Tipp FM’s build-up to live commentary on the match will get underway at 4.45 this evening – our coverage will be brought to you in association with McDonald’s at Junction 8 on the M8, Cashel.Also in qualifier action today are Clare and Roscommon who meet in Pearse Stadium, Galway at 3pm.
So far, Nigeria ghave not disappointed.And late Wednesday evening when the game kicked off, they were not about to start. The defending champions, coached by former Nigeria winger Emmanuel Amuneke, put their loss to Croatia in the last round behind them and completely hammered Australia 6-0 to book their quarter-final place in the ongoing FIFA U-17 World Cup in Chile.The tournament’s leading goalscorer Victor Osimhen kept up his record of scoring in every game with a hat-trick, while captain Kelechi Nwakali, Edidiong Michael Essien and midfielder Samuel Chukwueze all added a goal each.Osimhen (pictured below) got the ball rolling in the 22nd minute, and the Golden Eaglets were soon 2-0 ahead when Nwakali scored from the spot three minutes later. The Joeys kept out the Nigerians for the rest of the half, but could do nothing about the second half onslaught from the Africans.Osimhen added two more goals in the 73rd and 79th minutes to take his tally to seven goals, before Essien and Chukwueze wrapped up proceedings in the 86th and 88th minutes.Up next for the Eaglets will be Brazil on Sunday. The South Americans edged New Zealand 1-0 to reach the last eight. Mexico, and Belgium are the other two who made it. Another four will be confirmed in Thursday’s games.Round of 16 resultsMexico 4-1 ChileBrazil 1-0 New ZealandNigeria 6-0 AustraliaKorea Republic 0-2 Belgium –Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySports
Premier league side Wa All Stars have asked their players to return home until a date for the start of the Ghana Premier league is announced.The Ghana Football Association is yet to confirm a date for the start of the 2015/16 Ghana Premier league.Due to the uncertainty over the start date, some premier league clubs have had to alter their pre-season plans.Wa All Stars, just like the other teams have been hit and per the current situation they have asked camping players to return home till a definite league start date is announced.“When you are not sure when the league is starting what do you do? Only two things in my view, you either break the boys or you maintain them in camp,” All Stars coach Jimmy Cobblah said in an interview“Sometimes it is about money and since money has become a big problem we decided to let them go home and when we are sure of the date the league is starting we will bring them back.” Cases with the disciplinary committee of the GFA have caused the delay of the league.–Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySports
By The Nelson Daily SportsThe roundball season is in full swing and so is the Nelson U14 Selects.The Reps blasted Kootenay South 6-0 en route to the gold medal in the U14 Boys Division at the KSYSA 16th Annual Boys Tournament Sunday at Mozzochi Park in Fruitvale.Micah May scored three times and James Miller added a pair to lead the Reps to the convincing victory.Dunavan Morris-Jansen scored the final tally for Nelson.“In the close games we maintained most of the possession but we just couldn’t finish and even when we were down our boys just kept at it,” said Nelson coach Dan Szabo.“Their perseverance paid off, they didn’t quit. Once they found the net you could just see the confidence build.”The Selects opened the tournament by rallying back to edge Kootenay South 3-2. Trailing 1-0, Spencer Szabo tied the game on a penalty kick. Kootenay South restored the lead before May pulled the team even again. Nicholas Wethal notched the game winner with just minutes to play.In the afternoon game, the Reps blasted Creston 9-0. James Miller scored three times for Nelson with the remaining goals going to May, Szabo, Keaton Roch and Sam Woodward.Sunday, Nelson advanced to the final by edging Kootenay East Rovers of Cranbrook 3-1. Once again the Selects needed to comeback after being down 1-0.But goals from Morris-Jansen and Tucker Anderson, followed up by an insurance marker by Dylan Bennett, allowed the Selects to pull out the victory.“This was a very important weekend for (the players),” Szabo explained. “The boys have grown and are now, truly, a ‘team’. I couldn’t be happier for them.”Despite scoring more than 20 goals, Szabo was impressed by the strong play of the defensive line.“Much of the credit goes to our fullbacks,” he said. “Johnny Johnson, Theo Bakas and Nick Wethal were a force back there and (goalkeeper) Harrison Giles made some terrific saves.“That guy is a walking Tide commercial.”The Reps have a week off before traveling to Coeur d’Alene, Idaho for a rep tournament during the May long weekend. [email protected]
As the dust settles and bandwagoners watch the National Hockey League (NHL) training to see which team provides the best chance of redemption next year, I can look back at the season and see what is left. Well, a few less cop cars and windows for certain, but the real fans are still standing. It’s well chronicled that I’m not a hockey fan but I am a National Basketball Association (NBA) fan so I can relate to the ups and downs faced by Canucks fans. Where the difference is though, is where bandwagoners come in to play. I appreciate die hard fans of anything, as my neurotic side is evident in all my passions. Bandwagoners, however, are the lowest form of “fan” on the planet. These people make me sick. My theory is, if you can’t name each and every player on “your” team they aren’t yours okay? If you don’t know who they played on the home opener of that season, take off the knockoff jersey you bought at the Chinatown night market and turn the channel. And whatever you do, don’t zing around the term “we” under any circumstance. There is no “we” there are real fans and then you. The phrase du jour in Vancouver is now: “real Fans don’t riot.” While this is true, the inversion is not necessarily. So many people keep proclaiming that the worst offenders aren’t fans. I don’t buy this. A huge number of these idiots were sporting real jerseys worth upwards of 250 bucks and were most certainly keeping an open bar tab to whet their palate during each and every dry second period of the Stanley Cup finals. Don’t try to tell me that a sport predicated on smashing people into glass and ice, funded by the beer industry isn’t going to promote the same behaviour off the ice. BS. “The rioters were well organized anarchists.” Oh get the h…e..double hockey stick out of here. I’m so sick of this weak veil of misdirection that I engage anyone I hear spout this garbage. Did any part of that riot look to be well thought out by planning geniuses? Do you think they’re having their well-organized annual general meeting right now in anticipation of a White Caps flameout? Are they readying their riot gear in case of a meltdown by the local lacrosse team? No, they aren’t because they’re hockey fans. Face it. They aren’t the only ones who behave like this. Don’t get me wrong, European football fans (that means soccer for all you pucks) are some of the most violent fans on earth. They typically target opposing players or refs mind you. They also burn down opponents’ neighbourhoods, not their own. What they don’t do is attach themselves to a team during the conference finals. They bleed their team colours and typically do for most of a lifetime with every loss and relegation more painful than the last. My allegiance to my beloved Chicago Bulls left me disappointed this season but I didn’t don a Miami Heat jersey as the finals began. I simply rooted against them as I hate all they stand for. The Heat is the bandwagoners of the player world. This team of tin men turned their back on cities that cherished them, made them and paid them in order to seek glory in the easiest manner possible. It seemed like they had succeeded too until a team of relatively old, washed up players took them out in the finals in a gutsy performance. A heartwarming story of redemption and overcoming obstacles for sure, but not enough to make me jump ship. Sure it was weird to not have a team I like in the finals but I stayed true to the team I’ve watched since I was nine. And when my team lost I simply ranted on Facebook without feeling the need to smash windows or burn cop cars. And I’m a fan of a sport that’s supposed to consist of thugs raised by thugs, so why couldn’t hockey fans keep their cool? I realize I’m probing a sensitive spot with the majority of Canadians being hockey fans and the game seven loss still in our rear-view, so I’d like to point out that the bandwagoners caught most of my ire. That said, I expect hate mail from you passive aggressive lot so I’ve turned up my spam filter from “Luongo” to “Thomas” just in case.
ALL ROADS lead to Ramelton this weekend for a feast of brilliant music at the Django Sur Lennon Gypsy Jazz Festival.One of the styles of jazz performed is what has today become known as “gypsy jazz” or gypsy swing.This style of jazz is most often attributed to gypsy guitarist Django Reinhardt and violinist Stephane Grapelli who founded the all strings jazz ensemble, The Quintet du Hot Club de France, in the 1930s in Paris, France. This style is at times also referred to as “jazz manouche”, from the French term meaning “gypsy”. The style’s creation often being attributed to Django, the musical characteristics and the blending of gypsy musical elements with jazz and the fact that it has largely been fellow gypsies (until recently) who have carried and preserved the musical legacy of Django Reinhardt since his death in 1953, makes the term “jazz manouche” one that is quite fitting in describing this genre.With this in mind, a wonderful celebration of this music genre comes to the heritage town of Ramelton this weekend.For more check out Django Sur Lennon on Facebook.Here’s a line-up of what’s ahead: Friday 28th Oct 8pm – 10pm Town HallRomane and guestsSat 29th 11am – 1pm.Gypsy Jazz guitar workshop hosted by Romane.Sat 29th 2 – 4pm Kourosh Kanini and guests… Mystery venue! Bus from Gamble’s square at 1.45pm. Limited to 50 people. Weekend ticket holders get first shout. Advertisement Sat 29th 5.30 – 7.30pmIrene Ypenburg with The Manouche BandSat 29th 9pm – 11pm Town HallDario Napoli TrioSun 30th 11am – 1pm Town HallGypsy Jazz guitar workshop with Dario NapoliSun 30th 2.30 – 4.30 Advertisement Festival closing gigThere will of course be informal Jazz sessions and performances in various venues around town over the festival weekend! Stunning line-up for gypsy jazz festival in Ramelton was last modified: October 27th, 2016 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)
— New England Patriots (@Patriots) September 20, 2019The release comes after another week of firestorm surrounding Brown, apparently of … Antonio Brown is searching for his third team in the last two weeks.The New England Patriots released Brown, the star wide receiver, Friday afternoon, as first reported by NFL Network’s Ian Rapoport.The Patriots confirmed the release with a statement:Statement from a #Patriots spokesperson: https://t.co/c98rNDX9QG pic.twitter.com/DAohupBLHo
A survey by South Africa’s National Small Business Council reveals that the country’s entrepreneurs are upbeat about the health and future success of their companies. Small business remains the engine of growth in South Africa. They created 50% of all new jobs and contributed 45% of GDP. (Image: Brand South Africa)Words by Sulaiman PhilipDesign by Sandile KhumaloSouth Africa’s National Small Business Council recently released its survey of entrepreneurs’ take on the country’s business environment. Despite tough economic times, 90% of respondents were optimistic about the health and future success of their companies. Other findings from the survey of almost 18 000 business owners were:• 56% of small business owners thought trade with Africa was the way to growth for any small business• Most thought marketing was the skill they lacked the most• 69% of small businesses did not have business insurance• Access to funding was the biggest challenge for businesses younger than five yearsAccording to NSBC founder and chief executive Mike Anderson, small business can unlock job opportunities – to make a positive and lasting impact on South Africa. The NSBC encourages entrepreneurship through regional workshops and support services for small business owners. With campaigns like campaigns like Small Business Friday, the council also encourages consumers to choose local small businesses over large companies.Here are some of the findings from the NSBC study.Click on the image for a larger view: