first_imgLOG INDon’t have an account? Register here Facebook When Tontowi Ahmad decided to retire last month, the Indonesian mixed doubles badminton squad lost one of its most influential players. At the age of 32 Tontowi followed in the footsteps of partner Liliyana Natsir, who retired from badminton in early 2019 after a 15-year career.The Tontowi-Liliyana duo had been the top mixed-doubles pair in the squad, clinching a gold medal at the 2016 Rio de Janeiro Olympics and winning numerous international titles such as the 2017 World Championship in Scotland.With both now retired, hopes are now pinned on Praveen Jordan and Melati Daeva Oktavianti who won the All England mixed doubles title in March — the last big badminton tournament before the COVID-19 pandemic forced the Badminton World Federation (BWF) to suspend all competitions.Praveen said the key to the All England victory was their performance in the quarterfinals when they man… Log in with your social account Forgot Password ? Topics : Google Linkedin #badminton badminton #Indonesia Indonesia mixed-doubles Praveen-Melati #Praveen-Melatilast_img read more

first_img January 18, 2019 Governor Wolf Announces $10.5 Million for Preschool Students SHARE Email Facebook Twittercenter_img Education,  Press Release,  Schools That Teach Harrisburg, PA – Governor Tom Wolf today announced an additional $10.5 million to help preschool-age children transition to kindergarten. The funding from the U.S. Department of Health and Human Services builds on the governor’s commitment to expanding early education for Pennsylvania’s youngest children.“I am committed to investing in young children and their futures,” said Governor Wolf. “That starts by continuing to make early education a priority for Pennsylvania. Supporting children as they move from preschool to kindergarten helps them succeed in the classroom. This early success creates opportunities for them to do well in school for years to come.”Since taking office in 2015, Governor Wolf has successfully worked with the state legislature to expand state-funded preschool by $115 million, adding more than 9,600 slots in Pre-K Counts, and an additional 1,300 in Head Start Supplemental Assistance Program.“Research shows that children with access to high-quality early learning programs go on to perform better in school and beyond,” said Pennsylvania Department of Education (PDE) Secretary Pedro A. Rivera. “By investing in these programs, we are ensuring that students have the building blocks in place to succeed as they enter elementary school.”The Pennsylvania Office of Child Development and Early Learning (OCDEL) applied for the federal Preschool Development Grant, which will be used to provide professional development for early learning educators and to promote partnerships among early learning providers, community agencies, and school districts to help children prepare for successful transitions from early learning programs to kindergarten. OCDEL is a collaborative effort between PDE and the Pennsylvania Department of Human Services (DHS).“Behavioral challenges can make it harder for children to succeed in education, especially when these needs go unidentified and unaddressed. Recognizing behavioral challenges early can help educators work with students so they do not become barriers to academic, social, and emotional development,” said DHS Teresa Secretary Miller. “This grant will allow early education programs around Pennsylvania to better meet the unique and complex needs of children they educate, setting a stronger foundation for success throughout all levels of education.”Funding will also support strategic planning to expand access to behavioral supports for medically eligible children birth to age 5, and recruit coaches currently in ECE programs to participate in a coaching support pilot project.More information about the Commonwealth’s early learning programs is available on the PDE website or the DHS website. Visit the Preschool Development Grant program for more information.last_img read more

first_imgA German state fund could help plug a future financing gap in the country’s pay-as-you-go public pension system and help safeguard its credit rating, according to researchers at credit rating agency Scope.Germany is facing a large gap between contributors and beneficiaries in its state pension system as baby boomers retire. Scope has previously identified this as one of the major threats to Germany’s long-term credit rating in its view.The rating agency carried out a scenario analysis for a state pension fund similar to funds proposed by Clemens Fuest, president of think-tank ifo, in December last year and economist Volker Brühl, managing director of the Centre for Financial Studies in Frankfurt. Brühl has proposed the creation of a sovereign wealth fund, to be financed from tax and, if necessary, “a moderate debt level”, to ensure sustainability of the state pension system. Scope’s scenario analysis built on work carried out by the economist. It found that the state could pay out between €30,000 and €40,000 annually to people after the age of 67 from 2039 if contributions to the fund started now.Under Scope’s assumptions the German government would pay around 1% of GDP per annum into the fund, partly coming from taxes and partly from new debt issued on the market.The assumed expected net return on investments was 4% per annum on average. The researchers noted that a sample of 36 public pension funds in the OECD had shown average real returns of above 4% per annum, even after the financial crisis in 2008.Bernhard Bartels, analyst at Scope and author of the report, noted: “Though a state pension fund is not designed to finance today’s pension needs, it could help to satisfy younger generations’ future claims, with current fears these generations will come away empty-handed at the same time as being obliged to finance their parents’ and grandparents’ pensions.”Multiple credit rating benefitsFor Scope, the increased security for future generations was one effect of the state fund that could help “further anchor Germany’s AAA sovereign credit ratings”. It reasoned that people who need to worry less about their retirement income spend more and thus help keep the economy running.A state fund could help “lower future government liabilities” in the state pension system, and increased debt issuance “improves the country’s status as a benchmark issuer, thereby creating better liquidity for German bonds”.In addition, an internationally diversified portfolio could mean that the fund’s investment income was anti-cyclical to developments in the German economy.Apart from seeing the proposed fund as a means of topping up first-pillar retirement income for all citizens, Scope also said the fund could serve as a general savings vehicle for the German public.Citizens could defer parts of their savings or private pension contributions to the fund instead of putting them in third pillar pension vehicles or second pillar top-ups.For the payout phase the researchers indicated they would recommend a choice between lump-sum payments and retirement income.“Thereby, the fund combines a beneficial public scheme with individual freedom on the size of optimal future pension levels with a guaranteed minimum,” wrote Bartels.Scope’s report (in English) can be downloaded here.last_img read more

first_imgRuler Of The World is on course to return to the scene of his finest hour, with next month’s Investec Coronation Cup at Epsom his intended target. While that investment did not pay immediate dividends, with Ruler Of The World only 13th of the 16 runners at Meydan, Al Shaqab advisor Harry Herbert believes the style of the race just did not suit. He said: “The plan is to go for the Coronation Cup at Epsom. Having acted around the track before in winning last year’s Derby, it seems the obvious race for him. That was the plan Aidan drew up two or three weeks ago and I haven’t heard of any changes. “I think the World Cup just didn’t suit him. We saw how strung out the field were – some horses can handle that and some can’t. It was a shame, as he seemed in good form going into the race. “He is not a horse I know well yet, but looking at him in the paddock, you would have to have been really pleased with the way he looked, and we’ll go back to Epsom now.” The four-year-old won the Investec Derby last term but failed to strike gold in four subsequent outings, although he finished a creditable third behind Farhh when dropped back to 10 furlongs in the Champion Stakes on his final 2013 outing. Al Shaqab Racing snapped up a 50 per cent share in the Aidan O’Brien-trained colt ahead of his run in the Dubai World Cup earlier this year and are now joint-owners with the Coolmore team. center_img Press Associationlast_img read more