Archive : 上海夜网LG

​Norway’s ex central bank deputy defends due diligence behind Tangen hiring

first_imgEgil MatsenMatsen was part of the appointment committee Norges Bank set up a day before announcing the job of CEO of NBIM on 10 January, alongside the bank’s governor Øystein Olsen and  executive board member Kristine Ryssdal.However, Matsen said the final design of mechanisms to avoid conflicts of interest required broad involvement of parts of Norges Bank and AKO Capital.“A comprehensive dialogue between Norges Bank and AKO at the administrative level could not be established until Tangen was actually employed – it’s about the need for confidentiality in the hiring process,” he wrote.In the Aftenposten article, he also mentioned the offshore registrations of some of Tangen’s interests, naming the Cayman Islands and Jersey as two domiciles used, and said this did not mean the entities avoided taxation.Matsen said he could hardly imagine a person better qualified to manage the oil fund than Tangen.“He has experience and results from the financial markets that few others can claim,” he said, adding that the current international crisis showed how important this was.In talks with Norges Bank, Tangen had shown a deep understanding of the strategic challenges the oil fund would face in the future, he said, adding that these challenges had been reinforced after since those talks started in February.“We need a person with his qualifications to lead the oil fund for years to come,” Matsen said.Matsen’s resignation from Norges Bank was announced in December, and he has recently been appointed to the independent commission set up by the government to review and extract lessons from the COVID-19 outbreak in Norway.Norges Bank’s supervisory council is currently waiting for written replies from the bank’s executive to a long list of questions it posed last week surrounding the hiring of the hedge fund founder.The board has been given today as a deadline to comply. One of the three Norwegian central bankers behind the controversial recruitment of hedge fund multi-millionaire Nicolai Tangen to run the country’s NOK10.5tn (€932bn) sovereign wealth fund has defended the process and insisted the oil fund needs Tangen.Egil Matsen, who recently stepped down as one of Norges Bank’s two deputy governors, said claims that the central bank did not probe the business operations of the newly-appointed chief executive officer before recruiting him – or mull how conflicts of interest should be handled – were wrong.In a self-penned column in Monday’s edition of Norwegian paper Aftenposten, Matsen said: “An important theme in the appointments committee’s discussions with Tangen, and in the executive board’s assessments, was to ensure independence between AKO Capital’s management and his responsibilities as the oil fund’s manager.”A scandal has whipped up in Norway following the surprise announcement on 26 March that Tangen would replace Yngve Slyngstad as CEO of the Government Pension Fund Global (GPFG) in September. Subsequent revelations that Slyngstad accepted a private flight from the US to Oslo from Tangen in November have prompted the departing SWF leader to apologise to his staff at Norges Bank Investment Management (NBIM) for a lack of professionalism at the end of his 12-year tenure as CEO.News of the lavish and secretive “Back to University” US seminar hosted by Tangen, which Slyngstad and other prominent Norwegians attended, has brought speculation in the Norwegian media about cronyism – concerns exacerbated by the absence of Tangen’s name on the published list of applicants for the top NBIM role.Matsen said Tangen made it clear the first time the men met, in early February, that his earnings from his UK asset management company AKO Capital would go directly to the charity AKO Foundation if he became head of NBIM.“Well in advance of the board’s decision, Tangen confirmed in writing that he is prepared to comply with the requirements that Norges Bank must impose to secure sufficient information barriers between the management of the oil fund and AKO Capital’s management of its funds,” Matsen said.“He has given the same confirmation regarding the distance from the management of his private investment,” he said.last_img read more

Haitian Senator Opens Fire at Local Protesters Outside of Parliament

first_imgPORT AU PRINCE, Haiti, CMC – A sitting of the Senate called to ratify the appointment of Prime Minister Fritz William Michel was adjourned Monday after Senator Jean-Marie Ralph Fethière fired gunshots to defend himself against demonstrators who had entered the legislative compound.“I defended myself. Self-defense is a sacred right,” said Senator Fethière after firing the shots into the crown.A photojournalist with the Associated Press was among two people wounded when the legislator fired his gun in the yard of the Haitian Senate. According to The Guardian, the photojournalist Chery Dieu-Nalio was shot in the face and the second man, Leon Leblanc, a security guard and driver, was also injured was also severely wounded.Local media reports said that journalist, who was covering the Senate sitting, was hit and Senator Patrice Dumont told the radio station, Vision2000, the shots were fired by Fethière and were not aimed at the journalist and a security guard who had been assigned to the Parliament.Following the shooting, the Senate was adjourned “sine die” meaning that it had been adjourned with no specific date for its resumption.This is the second time in as many weeks that the Senate had been adjourned without a specific date for its resumption.Before the shooting incident, Senate President Carl Murat Cantave had complained on radio that the scene had turned chaotic.He also accused the Haiti National Police (PNH) of not from preventing individuals he described as “thugs” from accessing the Senate yard.The Senate president said that the “thugs” had been invited by opposition legislators intent on preventing the ratification vote.Earlier this month, the Chamber of Deputies gave Michel the green light even as opposition legislators sought to disrupt the proceedings.When the vote was taken late last Tuesday, 76 deputies voted for Prime Minister Michel’s policy, three abstained, and none voted against.But last Wednesday, dozens of armed protesters posing as “political activists” took a stand around the parliament despite the security measures deployed by the police and many of them made their way into the building breaking everything in their path.Last month, President Jovenel Moise had called on Parliament to approve the nomination and government of Prime Minister Michel, describing him as “a brilliant civil servant who has devoted his entire career to serving the people of Haiti”.Michel, a former executive in the Ministry of Economy and Finance, became the fourth prime minister of Haiti since President Moise became the head of state in 2017.last_img read more

Lakers dash to rout of Wizards for 10th straight win

first_img[email protected] discusses the #Lakers offensive showcase against the Wizards with @Mike_Bresnahan and reflects on an impressive 14-1 November. pic.twitter.com/AD3g61ibwz— Spectrum SportsNet (@SpectrumSN) November 30, 2019 The Lakers debuted gold, Shaq-inspired jerseys, but it felt like a throwback in more ways than one. The last time the Lakers won 14 games in a month was in May of 2000, during the first of O’Neal’s three consecutive championship seasons with the franchise. Ten straight wins is the longest streak the Lakers have enjoyed since 2009.Coach Frank Vogel was proud to have achieved one of the better monthly marks in franchise history, even if it did come against a softer portion of the schedule. He challenged the Lakers pregame to not wait for a loss to find ways to improve.“To our guys’ credit, they handled that level of adversity and were able to overcome those games, and just keep getting Ws,” he said. “So I’m proud of what they were able to accomplish this month.”The massive specter of Davis’ New Orleans return dissipated on Wednesday night, leading into a relaxing holiday after a 4-0 trip. The more challenging portion of the Lakers’ season looms ahead, beginning Sunday afternoon against the Dallas Mavericks.The game against the Wizards landed squarely in the middle, drifting somewhere in the doldrums.This made for a predictably slow start – something the Lakers are familiar with. Rui Hachimura, Washington’s first-round draft pick, led out the gate with two quick baskets against Davis as his team shot out to a quick 9-0 lead. James was careless early, coughing up four turnovers in just four minutes.Out of a timeout, the veteran Lakers shot out to a 26-4 run to make a blowout of the game even in the opening frame. It’s the kind of turn the Lakers would like to make more consistently.“We had a couple of games teams are jumping on us, even at home,” Danny Green said. “We have been pacing ourselves pretty good and third quarter, we come out second half doing pretty well but we got to do it for four quarters, one period at a time.”Related Articles How athletes protesting the national anthem has evolved over 17 years Frank Vogel talks about the #Lakers “staying the course” and executing the game plan in tonight’s 125-103 win. pic.twitter.com/ubJwIx1euG— Spectrum SportsNet (@SpectrumSN) November 30, 2019 Lakers practice early hoping to answer all questions PreviousLos Angeles Lakers forward Anthony Davis, center, shoots as Washington Wizards forward Rui Hachimura, left, defends along with guard Troy Brown Jr. during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Washington Wizards forward Rui Hachimura, left, of Japan, shoots as Los Angeles Lakers center JaVale McGee defends during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill) SoundThe gallery will resume insecondsLos Angeles Lakers guard Kentavious Caldwell-Pope, right, shoots as Washington Wizards forward Rui Hachimura efends during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Washington Wizards forward Rui Hachimura, left, shoots as Los Angeles Lakers forward LeBron James defends during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Washington Wizards forward Rui Hachimura, right, has his shot blocked by Los Angeles Lakers forward Anthony Davis, center, as guard Danny Green watches during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Los Angeles Lakers forward LeBron James, right, shoots as Washington Wizards forward Davis Bertans defends during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Washington Wizards forward Rui Hachimura, of Japan, shoots as Los Angeles Lakers forward Anthony Davis, left, defends along with guard Danny Green during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Lakers forward LeBron James, left, glides past Washington Wizards forward Davis Bertans on his way to the basket during the first half of Friday’s game at Staples Center. James had 23 points and 11 assists in a blowout win. (AP Photo/Mark J. Terrill)Washington Wizards forward Moritz Wagner, center, dives for a loose ball as Los Angeles Lakers guard Rajon Rondo, left, and center Dwight Howard watch during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Washington Wizards guard Isaac Bonga (17) shoots as Los Angeles Lakers forward Kyle Kuzma (0) defends along with center Dwight Howard, right, during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Washington Wizards forward Moritz Wagner, right, and Los Angeles Lakers center Dwight Howard reach for the ball during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)Washington Wizards forward Moritz Wagner, right, has his shot blocked by Los Angeles Lakers forward Anthony Davis during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Washington Wizards guard Bradley Beal, right, tries to pass the ball as Los Angeles Lakers center Dwight Howard reaches for it during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Los Angeles Lakers forward Jared Dudley, left, gets his hand in as Washington Wizards forward Moritz Wagner tries to shoot during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Los Angeles Lakers guard Troy Daniels, left, and Washington Wizards guard Isaac Bonga reach for the ball during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Los Angeles Lakers center Dwight Howard, left, dunks as Washington Wizards forward Moritz Wagner defends during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Los Angeles Lakers guard Quinn Cook, left, shoots as Washington Wizards guard Chris Chiozza, center, defends and guard Jordan McRae watches during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Washington Wizards forward Moritz Wagner, left, trips over Los Angeles Lakers center JaVale McGee, right, as Wizards guard Ish Smith watches during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Washington Wizards forward Moritz Wagner, right, falls after Los Angeles Lakers center Dwight Howard fouled him during the second half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. The Lakers won 125-103. (AP Photo/Mark J. Terrill)Angels pitcher Shohei Ohtani, center, watches along with Flea, left, of the Red Hot Chili Peppers, and Ohtani’s interpreter Ippei Mizuhara during the second half of Friday’s game between the Lakers and the Washington Wizards at Staples Center. (AP Photo/Mark J. Terrill)Los Angeles Lakers forward Anthony Davis, center, shoots as Washington Wizards forward Rui Hachimura, left, defends along with guard Troy Brown Jr. during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)NextShow Caption1 of 20Los Angeles Lakers forward Anthony Davis, center, shoots as Washington Wizards forward Rui Hachimura, left, defends along with guard Troy Brown Jr. during the first half of an NBA basketball game Friday, Nov. 29, 2019, in Los Angeles. (AP Photo/Mark J. Terrill)ExpandLOS ANGELES — A perennial holiday question: What do you get for the team that has it all?Even though the Lakers have been winning, there’s something they haven’t had much of lately: breathing room. Their previous five wins heading into Friday night had an average margin of 4.6 points, with three of those games decided in the final five seconds.There was no audible exhale as JaVale McGee knocked down a third-quarter free throw, giving the Lakers a 39-point lead over the Washington Wizards for their largest lead of the season. But there was a general air of relief that the Lakers, who have made a habit of close games against struggling teams, didn’t make anything too hard on themselves in a 125-103 victory on Friday night, their 10th in a row.It’s a test all championship-caliber teams face: Against a lesser opponent, they still have to play to their own standard. The Lakers aced this one. Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed The return of Moritz Wagner provided a mildly engaging subplot to the fourth quarter. A 2018 Lakers first-round draft pick traded away this summer to create additional salary cap space, Wagner was no competition for Davis during the meaningful portion of the game.But he played antagonist against Dwight Howard, who incidentally played briefly for the Wizards last year in an injury-shortened season. Wagner drew a technical foul from Howard, who flexed on him after laying down a massive dunk. On the ensuing play, Howard was called for a goaltend on Wagner, then the second-year forward got in position to draw a charge on Howard on the ensuing Lakers possession.Unfortunately, Wagner’s night as visiting heel ended in the locker room. He appeared to be injured after former teammate McGee landed on his ankle. Wagner finished with seven points, while fellow former Laker Isaac Bonga had six points in garbage time.The Lakers didn’t leave the game cleanly either: Kyle Kuzma sprained his left ankle late in the third quarter, and while he initially started playing through it, he went to the locker room early. Vogel said X-rays showed no serious injury, and that Kuzma would be [email protected] & @LakersReporter talk about the #Lakers mindset going into tonight’s matchup and the importance of continuing to learn from every game throughout the season. pic.twitter.com/Jm0KibWlXM— Spectrum SportsNet (@SpectrumSN) November 30, 2019 [email protected] credits his 15 PTS, 11 REB, 2 BLK performance to reggae music with @LakersReporter 😂 pic.twitter.com/fuEzCoI37Y— Spectrum SportsNet (@SpectrumSN) November 30, 2019 💪 @KingJames (23 PTS, 11 AST) & @AntDavis23 (26 PTS, 13 REB, 3 BLK) combine to power the @Lakers (17-2) 10th straight W! #LakeShow pic.twitter.com/XkQGRPcnwU— NBA (@NBA) November 30, 2019 AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with Packers“I think we were tested every night,” Anthony Davis said. “We’re going to get every team’s best shot, no matter what because of who we are.”Against the worst defense in the NBA, the Lakers (17-2) enjoyed a post-Thanksgiving feast. They scored at least 33 points in each of the first three quarters. Davis (26 points, 13 rebounds) woke the team up from an early lull, while LeBron James (23 points, 11 assists) helped conduct a blistering 20-2 third-quarter run to douse the Wizards for good.It was comfortable enough that the Lakers had the shortest stints of the season for both James (24 minutes) and Davis (27 minutes).Bench help stepped in. Quinn Cook (17 points) and Rajon Rondo (13 points) were the leading scorers among the reserves, who poured in 46 points. McGee, who started, finished with 15 points, 11 rebounds and two blocked shots in 21 minutes.A team with the NBA’s best record should hold lesser competition at arm’s length. For the Lakers, it was the most one-sided game they’ve played in two weeks to complete a 14-1 record in November. Lakers, Clippers schedules set for first round of NBA playoffs Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers Rondo→AD. Classic. #LakeShow pic.twitter.com/1LULAMOoca— Spectrum SportsNet (@SpectrumSN) November 30, 2019 Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

WANT A JOB IN THE HOSPITALITY SECTOR?

first_imgWANT A JOB IN THE HOSPITALITY SECTOR? was last modified: July 5th, 2016 by StephenShare 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) Tags:coursesdonegalSilly Grouplast_img

MASSIVE BOOST FOR DONEGAL AS MARK MCHUGH RETURNS TO TRAINING

first_imgMark McHugh has returned to training with the Donegal squad.Donegal star Mark McHugh has returned to training with Donegal after he was left out of the squad for their Dr McKenna Cup campaign in January.Rory Gallagher revealed that McHugh was omitted from the squad and would be training on his own.However, he confirmed that McHugh would be training under the supervision of the Donegal Sports Science team and his progress would be monitored. Now The Irish Daily Star has reported that McHugh – who won an All-Star in 2012 has returned to training with the rest of the Donegal squad.Donegal had an emphatic win over Down last Saturday night, with Mark’s brother Ryan scoring two superb goals in a stunning performance.It’s unlikely McHugh will feature this weekend against Cork – but the news that he has returned to the Donegal squad is a great boost.McHugh was instrumental during Jim McGuinness’s era – and enjoyed a good season last year under Rory Gallagher. Donegal fans will be hoping he can regain that form of old and be a pivotal figure in Donegal quest to win back their Ulster SFC title.   MASSIVE BOOST FOR DONEGAL AS MARK MCHUGH RETURNS TO TRAINING was last modified: February 4th, 2016 by Mark ForkerShare 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) Tags:donegalMark McHughnewsSportSquadtraininglast_img read more