Sánchez Martínez will direct the Mirandés-Real Sociedad; Del Cerro, Granada-Athletic

first_imgBoth qualifiers are more than open. The Real Sociedad won 2-1 in the first leg at Mirandés, so that somewhat of the team led by Andoni Iraola would go around the tie. In the meantime, Athletic arrives in Granada with a minimal advantage after the 1-0 victory at San Mamés. A local goal would take the game to extra time. In short, thrill in this new format of the Copa del Rey. The referees are already known for the second leg of the Copa del Rey semifinals that will be played next week. The Mirandés-Real Sociedad, which will be played next Wednesday, March 4 at 9:00 p.m. in Anduva, will be directed by Sánchez Martínez and will be accompanied by Hernández Hernández in the VAR.For its part, Carlos del Cerro Grande will be in charge of arbitrating Granada-Athletic, which takes place on Thursday, March 5 at 9:00 p.m. at Nuevo Los Cármenes. Martínez Munuera will be in the VOR room of the Soccer City of Las Rozas.last_img read more

Zozulia apologizes

first_imgI would also like to apologize to people who felt offended by my words. My intention was not to humiliate or offend anyone. I hear these words very often on the football fields and I also believe that they should be eliminated from football and sports in general.Each person chooses their path in life and decides how to live it. Never in my life have I stated that I am against it.I apologize once again. I didn’t want to offend anyone.I wish you all goodness, health and happiness.Aúpa Alba!“. Albacete striker Roman Zozulia has apologized after his controversial statements to a Ukrainian media in which he charged against the fans of Rayo Vallecano after pointing out that “first they called me fascist, then nazi and soon they will say i’m fag“.The player of the Manchego team has issued a statement and has published a video in which he states the following:“I have not expressed myself correctly. That is why, and above all, I would like to apologize to my teammates and Albacete Balompié. All the words I spoke do not correspond to the history of the Club and its shield.last_img read more

WTA signs lucrative 10-year deal to move finals to China

first_imgDon’t miss out on the latest news and information. Brian Heruela arrival bolsters Phoenix backcourt, defense “When you have 20 million people in that downtown district, plus 68 million in the entire delta region,” he said, “we feel confident we’re going to be able to fill (the arena).”The 10-year commitment is also far longer than the WTA has signed in previous host cities, a cause for possible concern if attendance figures don’t reach initial expectations.Simon said, however, that time is needed to build a successful event in a new market. He spoke in 2016 of finding a more permanent home for the finals, saying at the time that Singapore was a city “we’d be very proud to call home.”In a statement on Wednesday, the Singapore Tourism Board said it had evaluated a possible extension of the WTA Finals hosting agreement with the national agency Sport Singapore and “decided not to pursue this.” It did not elaborate on the reasons.Simon said the WTA would evaluate whether it could bring another tournament to Singapore in the future.ADVERTISEMENT The prize money for the top eight singles players and top eight doubles teams is also a major upgrade from the current purse of $7 million and is nearly double the $8 million in total prize money on offer at the ATP Finals in London.The WTA said the Chinese real estate developer Gemdale Corporation submitted the winning bid and will build a 12,000-seat stadium in downtown Shenzhen.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folk“We are very excited about the opportunity I think that Shenzhen brings,” Steve Simon, the CEO of the WTA Tour, said at the Australian Open on Thursday. “With the new arena that’s being built, it will be built in the downtown district, which hasn’t been done. Most of the time it’s on the outskirts, and now it’s there.”Attendance has been a concern at ATP and WTA events in China in recent years, particularly at tournaments in cities such as Wuhan and Tianjin, but Simon believes the WTA Finals will attract a sizable audience in a major metropolitan region like the Pearl River Delta. View comments Meralco ‘never the same’ after Almazan injury in PBA Finals MOST READ OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson “We have created a good market down there, and I would hate to see it get vacated,” he said. “I don’t have one to put there today, but it’s something we will certainly look at.”Shenzhen already hosts a WTA tournament in early January, one of the tune-up tournaments for the Australian Open.Maria Sharapova, who played in the Shenzhen Open at the start of this season, said the WTA was making a good strategic move to partner with “a place that’s willing to invest in women’s tennis.”“They were the ones that put the money on the line,” Sharapova said. “They are willing to grow our sport. They’re willing to build a stadium, willing to accept the game and its level and the players.”Sports Related Videospowered by AdSparcRead Next Jiro Manio arrested for stabbing man in Marikina Scottie Thompson also worthy of Finals MVP, thinks Cone NCAA volleyball: Letran sneaks into fifth spot after brushing off Lyceum Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Andrea Hlavackova of Czech Republic (L) and Timea Babos of Hungary (R) play against Kiki Bertens of the Netherlands and Johanna Larsson of Sweden during the women’s doubles final at the WTA Finals tennis tournament in Singapore on October 29, 2017. / AFP PHOTO / ROSLAN RAHMANMELBOURNE, Australia — The WTA has signed a long-term deal to move its season-ending WTA Finals to Shenzhen, China, in 2019 and will increase total prize money to $14 million, double the previous purse.The move represents a significant investment in the China market at a time when the sport is aggressively expanding its reach in the country, with the addition of a number of new tournaments in recent years. The WTA signed a 10-year deal to stage the finals in Shenzhen — double the length of the current commitment in Singapore, the host since 2014.ADVERTISEMENT Steam emission over Taal’s main crater ‘steady’ for past 24 hours Redemption is sweet for Ginebra, Scottie Thompson OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIESlast_img read more

Wozniacki gets 1st win at this year’s WTA Finals

first_imgSvitolina only needs to win a set in her last round-robin match against Wozniacki to reach the semifinals. Wozniacki, who became the first Danish woman to win a Grand Slam title at this year’s Australian Open, is now 1-1, while Kvitova is 0-2.“I played much better today,” Wozniacki said on court after the match. “I returned well. I served well. Against Petra, she’s so powerful, you have to stay on your game. I just tried to stay focused and get a lot of balls back.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back Chriss“I always believe in myself and when I’m out on the court I believe I’m going to win.”Kvitova, who won the WTA Finals title in her debut appearance at the year-end tournament in 2011, was the one taking chances on Tuesday. But Wozniacki played steadier defense and waited for the Czech to make mistakes. MOST READ Caroline Wozniacki of Denmark plays a return shot while competing against Petra Kvitova of the Czech Republic during their women’s singles match at the WTA tennis finals in Singapore, Tuesday, Oct. 23, 2018. (AP Photo/Vincent Thian)SINGAPORE — Defending champion Caroline Wozniacki earned her first victory at this year’s WTA Finals, beating Petra Kvitova 7-5, 3-6, 6-2 on Tuesday.Elina Svitolina earned her second straight win in the other group match, outlasting Karolina Pliskova 6-3, 2-6, 6-3. The results mean all four players are still in contention to advance to the semifinals from the White Group.ADVERTISEMENT Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Allen Durham still determined to help Meralco win 1st PBA title Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Kvitova finished the match with 40 winners and 40 unforced errors. Wozniacki had 19 winners and 14 unforced errors.Wozniacki, who broke her opponent in the first and fifth games of the deciding set, took a medical timeout to have her left knee bandaged when Kvitova was leading 3-1 in the second.Svitolina failed to serve out the match at 5-2 in the third set but converted her third match point in the next game with a forehand winner.The most tense moment of the match came in the third game of the first set, which lasted 15 minutes and went to deuce 10 times. Svitolina finally held after saving six break points.“Actually, I was thinking how long we are playing this game? No more,” Svitolina said, smiling. “We were both I think a little bit struggling with our nerves.”ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew LATEST STORIES Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anewcenter_img Don’t miss out on the latest news and information. Handle with care Read Next Gov’t to employ 6,000 displaced by Taal Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Nadine Lustre’s phone stolen in Brazil Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Tim Cone, Ginebra set their sights on elusive All-Filipino crown View commentslast_img read more

Son of businessman shot, robbed on Regent Street

first_imgSelson PrescottThe son of the owner of Pressy’s Enterprises was on Monday afternoon shot and relieved of an undisclosed sum of money that he was carrying in a briefcase at Regent Street, Georgetown, by armed bandits.Selson Prescott was reportedly in the vicinity of Regent and King Streets at about 14:15h when he was approached by the suspects. The men reportedly attempted to relieve him of the briefcase but he put up a resistance and it was at this time that he was shot in his groin.Based on reports received, the bullet is lodged in his abdomen. After the shooting, the men grabbed the case and fled the scene on motorcycles. At the time of the incident, the young man was reportedly heading to the bank to make a deposit.However, the injured man, who is said to be in his 20s, was assisted by public-spirited citizens and taken to a private medical facility where he was admitted. An investigation has been launched.Just a few days ago, a crew member aboard the visiting cruise ship, MS Serenissima, was robbed of his belongings in the wee hours of Saturday morning at Lombard Street, Georgetown.Based on reports, 40-year-old Neil Horrocks reportedly arrived at Lombard Street, Georgetown, in a taxi at about 01:00h after leaving a popular Main Street, Georgetown, nightspot.After he exited the taxi, he was pounced on by two men who demanded that he hand over his valuables. The perpetrators made their escape with a quantity of cash and the tourist’s credit card.During the encounter, Horrocks received injuries about his body and was treated by a doctor onboard the MS Serenissima. A report was filed with the police.last_img read more

Wainfest 2016 off to a great start!

first_imgWainfest 2016 got off to a great start on Friday when it was launched by well-known former Donegal GAA footballer Eamon McGee in the presence of very special guests from Mrs Daly’s class in St Colmcille Boys School in Letterkenny.The boys from Mrs Daly’s class in St. Colmcille boy’s school waited in anticipated excitement as organiser Rory Gallagher on behalf of the Donegal County Council Library Service welcomed everyone to the launch of Wainfest 2016 with a special mention for the Cathaoirleach Cllr Terence Slowey and sponsors Evelyn McGlynn from Crafty Kids in Letterkenny.In his address Cathaoirleach Councillor Terence Slowey stated that Wainfest embodies all that is core to the work of the Cultural Services division of the Council. He said “Our culture has always been and always will be one of our enduring strengths. It helps to create a deepened sense of place, citizenship and pride of place in all sections of our society, including our very youngest members. Wainfest is one of the ways in which we reach out to children and young people”.Pictured at the launch of Wainfest 2016 on Friday 23 September in the Central Library, Letterkenny was Librarian Rory Gallagher addressing the audience including special guests from Mrs Daly’s class in St Colmcille Boys School in Letterkenny.Describing reading as the “window to the world” Cllr Slowey encouraged the children to take part in as many activities as possible during Wainfest which will see events taking place from the 8th to 15th October all over Donegal.Programme sponsor, Evelyn McGlynn from Crafty Kids in Letterkenny also addressed the audience and said that Wainfest was the first thing on her calendar every year and Crafty Kids was delighted to be working to enhance children’s lives in the county.Former Donegal footballer Eamon McGee described his passion for books saying that “it’s coincidental that “‘BFG’ by Roald Dahl was the first book I read on my own without the aid of my mother who gave me a love for reading.  It opened up a whole new world of fun and excitement for me and I still have a passion for reading today.” Donegal GAA fans with Eamon McGee pictured at the launch of Wainfest 2016 on Friday 23 September in the Central Library Letterkenny.He then asked the boys to do him a favour, and read one book in the next week and of course each child responded positively and they all chorused “yes” to loud applause.With this year’s extensive schools programme as well as family events there is something for everyone during his year’s Wainfest and parents, carers and teachers are invited to bring along their children to something tailored just for them.However, as most events require pre-booking, early booking is advisable to avoid disappointment.The Wainfest 2016 programme is now available to download at www.donegallibrary.ie or www.wainfest.ie Wainfest 2016 off to a great start! was last modified: October 7th, 2019 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:donegalEamon MageeletterkennyWainfestlast_img read more


first_imgAn exciting and newly devised programme promoting volunteerism in the community was officially launched in Donegal at the weekend by Phil Hogan TD, Minister for Environment, Community & Local Government.Devised by the Donegal Local Development Company Ltd. (DLDC), the programme is very much targeted at unemployed and socially excluded young persons from disadvantaged areas in the Donegal border area.It has a particular focus on equipping participants with the skills and motivation to pursue volunteering opportunities in the region and to explore life/career paths alternative to mainstream employment. Delivering his key note speech at the launch event, Minister Phil Hogan said: “It is great to see worthwhile initiatives such as this Cross Community Project being launched here today, which will target unemployed, disadvantaged and socially excluded young persons.“Measures like this don’t happen by themselves they require a lot of thought, planning and hard work to bring them about, and I congratulate Donegal Local Development Company and the International Fund for Ireland for facilitating this project.“Volunteering is central to the ideals of democracy, social inclusion and active citizenship. It is also an expression of the individual’s involvement in their community. The giving of time for others strengthens the fabric of our societies and defines the communities in which we live.“The primary role of my Department in regard to the Community and Voluntary sector is to encourage and facilitate communities, with a special focus on areas of disadvantage, to pursue social and economic progress in their areas. The implementation of measures to encourage volunteering and support active citizenship is an essential element to the success of this strategy.”  The ‘Volunteering in the Community’ Programme has been primarily funded by The International Fund for Ireland (IFI), who earlier this year committed €236,750 under its Community Based Economic and Social Regeneration Programme.The Volunteering in the Community Programme, which will integrate with the President’s Gaisce Awards Scheme, will be delivered in seven courses of 12 weeks duration over a two and a half year period. Each course will have a participant rate of 10 persons which will cover such topics as volunteerism, reconciliation at both the personal and community level and personal skills training.Speaking on behalf of the International Fund for Ireland, Winston Patterson, Board member of the IFI said: “We are delighted that the IFI is supporting such a worthy programme in the Donegal border region. At its core, this programme will target young vulnerable people and provide them with the opportunity to consider and action positive life choices, as opposed to becoming easy prey for negative influences, and experience at first hand, the opportunities and benefits of local community-based volunteerism.”Mr Patterson also expressed a collective thanks to the international donors who have supported the work of the International Fund for Ireland for almost twenty-five years: namely, the United States of America, the European Union, Canada, Australia and New Zealand.The launch also marks the first IFI funded programme to be delivered by The Donegal Local Development Company (DLDC). Speaking at Saturday’s launch event, John Starrett, Vice Chairman of DLDC said: “The content of the courses will have many positive elements, but most importantly, it will allow youth to examine their lives and that of their communities in the context of the times in which we live. It will give them the time and the space and with full professional supports, to consider the possible paths of their lives and to explore positive, fulfilling personal options.“While some will progress into employment as a result, others will no doubt find that difficult for a period. This course will emphasise that employment is not the only path to personal and community fulfilment. It will allow those participating on the course to consider the benefits of volunteering, both for themselves and their communities and explore real, rewarding options in local volunteering.”DLDC is a local development company which has a strong track record in delivering local development programmes addressing the social, economic, cultural and environmental development of its catchment region, which primarily covers the towns/villages in that region of Donegal outside the Gaeltacht and Inishowen. Employment creation and reconciliation initiatives have been a particularly strong element of the company’s work to date.The official opening event was held on Saturday, 21st May at the Lakeside Centre, Ballyshannon and was attended by over 60 guests, including a wide range of local representatives, community groups and voluntary organisations. ends‘VOLUNTEERING IN THE COMMUNITY’ INITIATIVE LAUNCHED IN DONEGAL was last modified: May 23rd, 2011 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:BallyshannonMinister Phil Hoganvolunteeringlast_img read more

It’s good to be on the run

first_imgDespite the presence of two of the nation’s top high school football quarterbacks (Valencia’s Michael Herrick and Hart’s Tyler Lyon), the 2005 Foothill League season is turning into the Year of the Running Back. Canyon’s J.J. DiLuigi, Valencia’s Shane Vereen and Burroughs’ Thomas Kyle are closing in on perhaps the most productive all-time seasons for a running back at their respective schools, and Hart’s Delano Howell and Burbank’s Marcus Hood are also coming on strong. DiLuigi, a 5-foot-9, 174-pound junior, came through with one of the greatest single-game performances in area history Friday, scoring a school-record six touchdowns – four from 34 yards or longer – and a two-point conversion in a 55-7 victory over Saugus at College of the Canyons. DiLuigi rushed for 184 yards on 13 carries, caught two passes for 94 yards, and scored on runs of 40, 36, 1 and 19 yards and a 70-yard reception. He also nearly scored on a 75-yard kickoff return. “It felt great. It was just a lot of fun,” DiLuigi said. Kyle, a three-year starter, broke Burroughs’ career rushing record two weeks ago. He’s coming off his sixth 100-yard rushing performance of the season in a loss to Hart on Friday, and in seven games he’s rushed for 825 yards, caught 15 passes and scored nine of Burroughs’ 18 touchdowns. Kyle is also a returning all-league cornerback. Howell, a touted sophomore, got off to a slow start because of a recurring ankle injury but has blossomed over the past two games with consecutive 100-yard performances. He ran for a career-best 126 yards and two touchdowns and caught two passes for 52 yards Friday against Burroughs, giving him 440 yards, seven receptions and six touchdowns in limited minutes. Hood, a junior transfer from Notre Dame of Sherman Oaks, has rushed for 766 yards and eight touchdowns. He’s on pace to become Burbank’s first 1,000-yard rusher in many years. Burbank assistant football coach Tim Loock, who oversees the receivers, had to feel good about Jason McNeil’s school-record 15 receptions against Canyon nine days ago – except for one thing: It just so happened to be Loock who held Burbank’s previous record of 12, set in 1977. Kelly O’Linn, a former Saugus High girls’ basketball standout, has joined the women’s team at College of the Canyons. Saugus teammate Megan Mattivi has also joined the Cougars, who finished 16-12 and lost in the first round of the playoffs last winter. College of the Canyons’ only returning player is Janette Galindo (Burroughs High). Nevertheless, coach Greg Herrick is excited about this year’s young team because there are so many talented shooters. “It’s the best shooting team I’ve ever had. We can score from anywhere,” Herrick said. Among the key freshmen are Melissa Tachins (Poly of Sun Valley), Leslie Ortiz (Sylmar) and Samantha Gossard (Notre Dame of Sherman Oaks). The Threat, a local 14-under girls’ soccer team coached by Valencia High boys’ basketball co-head coach Greg Hayes, plays at UCLA’s Drake Stadium during halftime of the Bruins’ game against Washington State today at 1 p.m. Hayes’ team is participating as part of UCLA’s annual AYSO Day. It’s been a good week for Valencia High’s Teddy Goetz. He verbally committed to a UCLA volleyball scholarship on Tuesday, then donned a snazzy white tuxedo to participate in the homecoming court ceremony during halftime of Valencia’s football game on Friday. Gerry Gittelson’s column appears in the Daily News three times a week. He can be reached at (661) 257-5218 or gerry.gittelson@dailynews.com. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week DiLuigi has a good shot at breaking several Canyon single-season records. In seven games, DiLuigi has rushed for 956 yards, caught 10 passes for an average of 26.4 yards per reception, and scored 26 touchdowns – an average of nearly four per game. He’s also averaging 43.5 yards on kick returns, including a 99-yard touchdown. “I’m having a blast. I thought I might have a lot of yards this year but not this many touchdowns,” DiLuigi said. “I guess it has went the other way around, but I’m fine with it.” A year ago, DiLuigi rushed for nearly 2,000 yards and scored 26 touchdowns to carry Canyon’s junior varsity team to a 10-0 record. He’s following in the footsteps of Canyon’s past two starting running backs, Justin Williams and Louis Montano, both of whom earned All-Southern Section Div. II honors. DiLuigi could break Montano’s 2003 school single-season rushing record of 1,596 yards and Chris Perry’s 1989 single-season touchdown record of 27. Vereen, a returning junior, has proved equally effective. In a 42-3 victory over Burbank on Friday, he rushed for 186 yards and a touchdown and caught two passes. Through seven games, the 5-11, 171-pounder has rushed for 1,000 yards, caught 33 passes and scored 18 touchdowns for a team that relies mostly on Herrick’s passing. last_img read more

No lessons learned in Sacramento

first_imgHoo boy. We’re told the economy in California is so strong that taxes are pouring into Sacramento from household and corporate higher earnings, and this means that next year the Legislature and Gov. Arnold Schwarzenegger won’t really have to cut back spending at all. And that’s awful news. Yes, you read me right. After driving California into the biggest deficit in any state’s history, and after losing one governor to a recall, the Sacramento Legislature never learned even a mild lesson from members’ bad behavior. In 2003, after California went into the hole by more that $20 billion, the talk was that most of the 50 states including New York and California had spent themselves silly because legislatures nationwide all believed the same thing: that dot-com boom taxes would keep pouring in. I have a prediction to make. Gov. Arnold Schwarzenegger, chastened by his losses on Nov. 8 and now working with the Democratic Legislature to fashion plans for next year, will go too far. Yes, he will be more conciliatory. It’s about time. But he will also, I suspect, start acting like 40 or so other governors did from 2000 to 2002. One of the most important things that will happen when the California economy pales is that we will very quickly lose a few thousand millionaires. So? Well, because California taxes its millionaires at an extraordinary level while working-class families generally pay no state income taxes at all, the loss of a few thousand millionaires instantly removes billions of dollars in taxes from the state budget. During Gray Davis’ time, we lost $9 billion when several thousand millionaires went broke, moved out of state, or otherwise vanished from the tax rolls, according to state officials. After that, the Legislature seriously considered taxing all of us for every single thing we pay sales tax on. Remember the “desperately needed” half-cent sales tax to raise $8.2 billion in 2003? It would have almost exactly replaced the $9 billion we lost when the millionaires went bust. Arnold now says things are so rosy he’d like approval of a $50 billion bond to fix roads, schools, reservoirs, dikes – one-time, but crucial, items that California’s Legislature has refused to fix for two decades. That’s quite a concept, spending taxpayers’ money on cost-controllable items we all want rather than on open-ended, ever-metastasizing programs. The long-ignored biggie is the roadways. They look like something in Eastern Europe. And let’s not forget the crumbling dikes – one of which broke and flooded vast farmlands near Stockton. Infrastructure is one of the very few true responsibilities of the nation’s 50 state legislatures – and the one thing Sacramento refuses to spend taxes on. We’re so bad off that Arnold’s $50 billion plan would provide less that a third of what is needed. As conservative commentator Steve Frank pointed out the other day, a study commissioned in 2002 by businessman Bill Simon showed it will take $180 billion to fix the infrastructure mess. Frank and I may disagree on where California should spend its money, but not on the likely outcome of the new “wow, we have plenty of money” attitude. As Frank notes, “the total interest costs will be $40 billion, for a total repayment of $90 billion” on Arnold’s bond. Should the Legislature and governor behave as if California is now flush, spending to the limit and beyond while asking us to approve a massive new bond? Like I said, hoo boy. Jill Stewart is a print, radio and television commentator on California politics. She can be reached via her Web site, www.jillstewart.net.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBlues bury Kings early with four first-period goals A few key reforms were made – particularly the successful reform of workers’ comp. that has stopped the ruination of small businesses and nonprofits in California. Other reforms helped us regain a so-so credit rating on Wall Street. The Legislature balked every step of the way. Now, the same players, with the same arrogant attitudes toward our money, can’t even be beaten back by using fiscal crisis as an honest excuse. If Sacramento has plenty of taxpayer money, what are the chances the Legislature will for the first time in years create a true rainy-day fund for bad times to come? The chances of that are zero. What are the chances that the Legislature will get all excited and spend every penny on metastasizing programs that are virtually impossible to cut back once launched’ The chances of that are 100 percent. last_img read more

Seize the new year

first_imgJustice MalalaHaving survived the turbulence of 2008, many South Africans are wary of the new year and what it will bring. But if ever there was a time to take advantage of the abundant opportunities in our country, then the year 2009 is it.“How?” you may ask. After all, we face the prospect of a turbulent and uncertain election. Zimbabwe to the north of us continues to bleed. And the global and domestic economy seems to hit new lows all the time.Well, here’s something. It is at times like these that those whose views are long term, and whose planning is grounded on the key principles of patience and courage, who can and will make a success of the year 2009 and beyond.Politically, South Africa enters a period of intense contestation. This should not be a cause for worry. We should celebrate. After the 2009 election South Africa will be into its fourth post-apartheid president. That is an incredible record in Africa and the world! We will have had four presidents in just 15 years.Plus, we have a strong new opposition building up nicely. Plurality is guaranteed, and contestation guarantees that politicians will be motivated to deliver. So what does all this mean? Our democracy is taking root and firming up. The system is not just holding, it is improving.Former state president FW de Klerk said in Durban in early December that it was true that the country was living in an era of doom, despondency and enormous problems. However, he said he saw positive signs for the future.“As we did before in 1994, I feel we have a capacity to do so again. We succeeded in resolving our problems by peaceful means when everybody expected war and violence.“We have one of the best constitutions in the world. We should be proud of this constitution, which provides the framework for a functioning multiparty democracy, independent courts and other institutions that stand for [the] advancement of human rights,” the Mercury newspaper quoted him as saying.He made the point that South Africa had already held three elections and that two presidents had relinquished their power through constitutional means since 1994. Crucially, De Klerk said that although former president Thabo Mbeki had left under difficult conditions, even that had been done constitutionally.“These are all signs of growing constitutional maturity. Our democracy is growing up and there are open debates which will take us to robust contestations,” he said.De Klerk then said it was up to all South Africans, irrespective of race or colour, to take what God had given to the country and to ensure that children would look back at this time and say that those were the years when South Africans came together, grasped the opportunities and made the country great.But what about the weakening economy and business? Globally it is clear that those who start thinking long term today will be the ones who survive and thrive. Chris DeWolfe, co-founder of the US internet phenomenon MySpace, recently said that the economic downturn means digital media start-ups are on the market at knock-down prices.It is the same here. Across the economy, bargains abound. If ever there was a time for a merger, acquisition or a black economic empowerment deal, then it is now. In three years many will look back at this period as a time when we should have picked up the bargains that abound.South African companies also face boom times ahead if they take opportunities that face them. Michael Power, senior strategist with Investec Asset Management, said recently that with the US facing the prospect of a protracted recession and the Asian economies turning their focus from exports to domestic growth, South Africa businesses like Naspers, South AfricaB Miller and Standard Bank are likely to benefit.“I like what Naspers is doing in places like China and Brazil, South AfricaB have a good footprint in China and if one looks at where Richemont’s growth comes from, it comes from Asia,” said Power.He said China will continue to be a large consumer of resources and commodities firms able to add value to their resources, like Kumba, will benefit. “I also see opportunities for platinum companies involved in downstream processing, and even businesses such as Illovo.”And here’s another thing: South African banks have not faced the same liquidity problems as institutions in the United States and Europe largely due to exchange controls that limited foreign exposure. We should congratulate ourselves for this: we did a good job.Sure, there will be turbulence in 2009. But I believe we have entered probably the most exciting period of our young democracy. The political space is opening up and the economic terrain abounds with bargains and opportunity. Carpe diem! Happy new year!Justice Malala is an award-winning former newspaper editor, and is now general manager of Avusa’s stable of 56 magazines. He writes weekly columns for The Times newspaper and Financial Mail magazine, as well as a monthly media and politics column for Empire magazine. He is the resident political analyst for independent television channel e.tv and has consulted extensively for financial institutions on South African political risk. Malala was also an executive producer on Hard Copy I and II, a ground-breaking television series on SABC 3. Hard Copy I won the Golden Horn Award for best television series. Malala’s work has been published internationally in the Wall Street Journal, The Guardian, Financial Times, The Independent, Forbes, Institutional Investor, The Age and The Observer.last_img read more