Longshot Keeper Ofthe Stars Takes Grade II, $200,000 Buena Vista Stakes By A Half Length Over Heavily Favored Jolie Olimpica As Wong & Cedillo Team For Mile On Turf In 1:34.15 ARCADIA, Calif. (Feb. 22, 2020)–Heavily favored Jolie Olimpica tired late and longshot Keeper Ofthe Stars took full advantage, as she altered tactics today and rallied under Abel Cedillo to a half length victory in Saturday’s Grade II, $200,000 Buena Vista Stakes at Santa Anita. Trained by Jonathan Wong, the 4-year-old daughter of Midnight Lute got a flat mile on turf in 1:34.15.As expected, Jolie Olimpica, fresh off an impressive win in the Grade III Las Cienegas Stakes at 5 ½ furlongs on turf, shot straight to the lead into the first turn, with Keeper ofthe Stars settling into fourth, about a length and a half off the lead in a field of nine older fillies and mares.Second, a half length off the lead turning for home, Keeper ofthe Stars easily overhauled Jolie Olimpica en route to her second graded stakes win.“I thought if we could get her to relax off the pace today, she could make one run,” said Cedillo, who had ridden her in her last four starts. “I got her back going into the first turn and she relaxed really good. The distance was perfect and she finished really strong.”Most recently sixth, beaten three lengths after leading early in the Grade III Megahertz Stakes at one mile on turf here Jan. 20, Keeper ofthe Stars was off at 36-1 and paid $74.20, $14.80 and $6.00.Owned by Tommy Town Thoroughbreds, LLC, Keeper ofthe Stars, whose last win came in the Grade III Autumn Miss Stakes four stars back on Oct. 26, picked up $120,000 for the win, increasing her earnings to $321,931 while improving her overall mark to 14-6-1-3.“When Tom and Debi (Stull) from Tommy Town Thoroughbreds gave her to me, it felt like the best horse we have ever had,” said Wong. “We thought she would come from off the pace. She is better when she has something to chase and when she on the outside and clear, because she has such a long stride (and) it takes her a while to get going.”As for Jolie Olimpica, a 4-year-old Brazilian-bred who had been so impressive in winning the Las Cienegas, she tried hard but had little to offer late, checking in second, a half length better than Mucho Unusual. Off at 3-5, Jolie Olimpica, who was ridden by Mike Smith, paid $3.00 and $2.20.“Going from a sprint to a route today, she just didn’t relax,” said Smith, who had ridden her in her U.S. debut. “She was pulling and when she does that, she’s not breathing the way she needs to.”Ridden by Joel Rosario, California-bred Mucho Unusual was the second betting choice at 4-1 and paid $3.00 to show while finishing 1 ½ lengths in front of Lady Prancealot.Fractions on the race were 23.23, 46.49, 1:10.24 and 1:22.30.
Cloudy skies over Luzon due to amihan Volcano watch: Island fissures steaming, lake water receding Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Jiro Manio arrested for stabbing man in Marikina MOST READ Peru almost added its third goal when Edison Flores’ shot hit the post following a fast breakaway.GROUP DYNAMICSThe victory allowed Peru to move into third place in the group, finishing with four points. The Australians ended up with one point after losing 2-1 to France and drawing 1-1 with Denmark.“We went in with greater expectations, but if we look at how we played, I think that Peru emerges from the World Cup with its head high,” Gareca said.KEY TO SUCCESSAustralia leaves consoled by decent performances even though it didn’t get the points to show for it. It played relatively well in the opener against the French and had chances to get more than a draw against Denmark.“I think in all three of the games, we gave a good performance,” Australia coach Bert van Marwijk said. “This team has really improved from the day I started working with them, and we became better and better and only at the World Cup you could see that for this team, it’s difficult to make the difference in goals at this level.”Peru had deserved more in its first two games, when it failed to capitalize on numerous scoring chances, including a missed penalty by Christian Cueva against Denmark.“We were effective this time. What we couldn’t do in the other (matches), we were able to do it today,” Gareca said.BREAKING THROUGH Don’t miss out on the latest news and information. It had been a long time before Peru had found the net in a World Cup. The last time was in its second match of the 1982 tournament, a 1-1 draw against Italy.The team also scored in a 5-1 loss to Poland that year. It’s last World Cup victory was a 4-1 result against Iran in the first round of the 1978 tournament in Argentina.NO ATTACKScoring hasn’t been easy for Australia at World Cups recently, with its last three goals in the tournament coming from penalty kicks, including two from captain Mile Jedinak in Russia.Australia is only the second team in World Cup history to score three consecutive goals from the penalty spot. Ghana did it from 2006-2010.Sports Related Videospowered by AdSparcRead Next View comments The Australians had to beat Peru and hope Denmark lost to France in the other Group C match, but neither result occurred. France and Denmark drew 0-0 in Moscow.Andre Carrillo’s 18th-minute goal — a half-volley from inside the area — was Peru’s first in a World Cup since its last appearance 36 years ago. Peru hadn’t won a World Cup match since defeating Iran in 1978.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crown“I need to thank the players for their great effort, and the fans, who were incredible and supported us all the way,” Peru coach Ricardo Gareca said. “At least we were able to give them a triumph, that’s the most important thing.”Peru captain Paolo Guerrero, who almost missed the tournament because of a doping suspension, scored the other goal in the 50th with a left-footed strike after getting to a loose ball inside the area. Taal victims get help from Kalayaan town 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 Christopher Tolkien, son of Lord of the Rings author, dies aged 95 Peru’s Paolo Guerrero, right, celebrates after scoring his side’s second goal during the group C match between Australia and Peru, at the 2018 soccer World Cup in the Fisht Stadium in Sochi, Russia, Tuesday, June 26, 2018. (AP Photo/Martin Meissner)SOCHI, Russia — Back at the World Cup for the first time since 1982, Peru isn’t leaving Russia empty handed.The Peruvians failed to score a goal in their opening two matches, but the team finally gave its fans a reason to celebrate when it ended Australia’s hopes of advancing to the knockout round with a 2-0 victory on Tuesday.ADVERTISEMENT MPBL: Jai Reyes shines as Laguna bounces back LATEST STORIES Bicol riders extend help to Taal evacuees “This triumph is for our people and for Jefferson (Farfan),” Guerrero said of his teammate who missed the match after being hospitalized with a head injury sustained in practice last weekend. “We showed that Peru can play as equal to anyone.”Australia striker Tim Cahill, a 38-year-old veteran who entered the match in the 53rd minute, had a chance to become only the fifth player to score in four World Cups, joining Pele, Uwe Seeler, Miroslav Klose and Cristiano Ronaldo. But he had few chances.Australia needed the victory to reach the round of 16 for the first time since 2006 but it had a slow start at Fisht Stadium, unable to get near the opposing area. The Peruvians, boosted by a loud crowd that heavily outnumbered the Aussies, took advantage of their chances and gave their team an honorable finish after two opening losses.The whole squad saluted the boisterous Peruvian fans after the match, spending several moments near their sections in the stands.Australia’s best chance to score came in the 27th minute when Tom Rogic made a run through the Peru defense and had his shot saved by goalkeeper Pedro Gallese.ADVERTISEMENT In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Jury of 7 men, 5 women selected for Harvey Weinstein rape trial
LATEST STORIES MOST READ Guiao comes back, Fonacier returns to form in NLEX win CLUTCH. Sean Manganti delivers the win for Adamson Falcons. Photo by Tristan Tamayo/INQUIRER.netWhat looked to be a moment of despair turned into a flash of brilliance for Adamson University’s Sean Manganti.The Soaring Falcons were locked in a fiery duel against University of the Philippines in the UAAP Season 81 men’s basketball tournament and it needed a couple of heroic plays from both teams to settle the match.ADVERTISEMENT Gov’t to employ 6,000 displaced by Taal 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 For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Tim Cone, Ginebra set their sights on elusive All-Filipino crown And although the shot looked like it was borne of pure luck, Adamson head coach Franz Pumaren said it wasn‘t so.“I have to give respect to my skills coach because we practice that shot and these players can attest to that,” said Pumaren, who joked that Sarr should treat Manganti for not blocking out Akhuetie underneath.“The play wasn’t really for Papi but we were able to attack. I think Sean at that time was being too generous when he dropped the pass to Papi,” said Pumaren whose team improved to 4-0. “I was telling Papi during our huddle that he should treat Sean because that was his fault for not blocking out Akhuetie.”Manganti’s game-winner not only maintained the Soaring Falcons’ perfect record but it also exorcised the demons from his past game against University of Santo Tomas when he went scoreless in their 79-71 win.“I just tried to be consistent,” said Manganti who led Adamson with 18 points. “The bottom line is we got the win but individually I just want to be consistent.” Allen Durham still determined to help Meralco win 1st PBA title Japeth Aguilar embraces role, gets rewarded with Finals MVP plum “It was a scramble at that point and I was telling myself that I will never quit until the final buzzer sounded,” said Manganti who nailed the Soaring Falcons’ game-winner with just 0.7 seconds left.With 5.7 seconds left on the clock, Manganti got the inbounds pass from near the left elbow then proceeded to drive the lane and hand the ball off to Papi Sarr for a layup.READ: UAAP: Manganti game-winner lifts Adamson past UP UP center Bright Akhuetie, who gave the Maroons a 68-67 lead in the previous possession, blocked Sarr and got his hand on Manganti’s pass.Akhuetie, though, couldn’t get possession and Manganti’s quick wits allowed him to recover the ball fast enough to get a shot up.ADVERTISEMENT Don’t miss out on the latest news and information. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew View comments But it was Manganti who turned a spark of near defeat into an outburst of magic as the Soaring Falcons stunned University of the Philippines, 69-68, Wednesday at Filoil Flying V Centre.Manganti with the winner! Ahanmisi with the steal! Adamson pulls off the comeback! 69-68. #UAAPSeason81 pic.twitter.com/C57bF41fsrFEATURED 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— Bong Lozada (@BLozadaINQ) September 26, 2018 Nadine Lustre’s phone stolen in Brazil Sports Related Videospowered by AdSparcRead Next Will you be the first P16 Billion Powerball jackpot winner from the Philippines?
Andy Brassell, talkSPORT’s European football expert, joined Hawksbee and Jacobs on Monday to digest all the latest transfer news and rumours involving clubs across the continent.Brassell discussed Lionel Messi’s future after he insisted he has no plans to leave Barcelona admit interest from Manchester City and Chelsea.He also gave his thoughts on Valencia winger Carles Gil, who is set for a £4million move to Aston Villa, and reflected on Liverpool’s reported interest in Fiorentina goalkeeper Neto.
Bayer Leverkusen have joined Liverpool, Newcastle and Tottenham in the race for Andre Ayew.All three Premier League clubs have been linked with a move for the Marseille man, who will become a free agent when his contract runs out in June.There is a Europe-wide chase on for his signature, however, with AS Roma, Inter Milan and Wolfsburg also lining up contract offers.But now, according to reports in Italy, it appears Leverkusen have emerged as the front-runners to sign him.The Bundesliga club reportedly sent scouts to watch him in action during Marseille’s 3-2 defeat to PSG on Sunday.And, despite his injury time red card for a second booking, Leverkusen are now ready to press ahead with their attempts to sign him. Andre Ayew 1
25 25 Kazan Arena, Kazan 45,000 capacity – June 16: France v Australia (Group C) June 20: Iran v Spain (Group B) June 24: Poland v Colombia (Group H) June 27: South Korea v Germany (Group F) 25 25 25 25 Nizhny Novgorod Stadium, Nizhny Novgorod 45,000 capacity – June 18: Sweden v South Korea (Group F) June 21: Argentina v Croatia (Group D) June 24: England v Panama (Group G) June 27: Switzerland v Costa Rica (Group E) Krestovsky Stadium (Saint Petersburg Stadium), Saint Petersburg 68,000 capacity – The game will be held at the Saint Petersburg Stadium 25 Fisht Olympic Stadium, Sochi 48,000 capacity – Opened in 2013, the Fisht was originally constructed as the main venue for the 2014 Winter Olympics in Sochi. It has now undergone slight renovations to add extra seating and modify the roof in order to ensure it is fit for purpose in 2018. Luzhniki Stadium, Moscow 81,000 capacity – June 14: Russia v Saudi Arabia (Group A) June 17: Germany v Mexico (Group F) June 20: Portugal v Morocco (Group B) June 26: Denmark v France (Group C) 25 25 Volgograd Arena, Volgograd 45,000 capacity – Englands first match of the tournament (against Tunisia) will be played at the Volgograd, the new home stadium of FC Rotor. Only opened in April, the old Central Stadium was replaced with this stunning new arena, emphasised by its beautiful roof design. 25 25 25 Ekaterinburg Arena, Yekaterinburg 36,000 capacity – The Ekaterinburg Arena will host Mexico vs Sweden 25 Kaliningrad Stadium, Kaliningrad 35,000 capacity – The Kaliningrad Stadium will host Englands final, and perhaps most crucial, group game against Belgium. The venue was opened in early 2018 and will become home to Baltika Kaliningrad after the World Cup. 25 Mordovia Arena, Saransk 45,000 capacity – June 16: Peru v Denmark (Group C) June 19: Colombia v Japan (Group H) June 25: Iran v Portugal (Group B) June 28: Panama v Tunisia (Group G) Nizhny Novgorod Stadium, Nizhny Novgorod 45,000 capacity – The Nizhny Novgorod will play host to Englands second match of the 2018 World Cup (against Panama) and be home to Olympiets Nizhny Novgorod after the tournament. Pillars lining the outside of the venue make for an impressive, standout design. Cosmos Arena (Samara Arena), Samara 45,000 capacity – As mentioned below, the Cosmos Arena will be the last completed for the 2018 World Cup as construction only began in mid-2014. The venue will become home to Krylya Sovetov after the tournament, with a design is based on a space theme relating to the regions aerospace sector. 25 Kaliningrad Stadium, Kaliningrad 35,000 capacity – June 16: Croatia v Nigeria (Group D) June 22: Serbia v Switzerland (Group E) June 25: Spain v Morocco (Group B) June 28: England v Belgium (Group G) Volgograd Arena, Volgograd 45,000 capacity – June 18: Tunisia v England (Group G) June 22: Nigeria v Iceland (Group D) June 25: Saudi Arabia v Egypt (Group A) June 28: Japan v Poland (Group H) Rostov Arena, Rostov-on-Don 45,000 capacity – June 17: Brazil v Switzerland (Group E) June 20: Uruguay v Saudi Arabia (Group A) June 23: South Korea v Mexico (Group F) June 26: Iceland v Croatia (Group D) Rostov Arena, Rostov-on-Don 45,000 capacity – Recently opened in April, the Rostov Arena is now home to FC Rostov as well as being a 2018 World Cup venue. It was initially supposed to be designed with a meandering river-shaped roof, though that idea was halted as a result of rising costs. Fisht Olympic Stadium, Sochi 48,000 capacity – The Fisht Stadium will host Germany v Sweden Kazan Arena, Kazan 45,000 capacity – The Kazan Arena has hosted Rubin Kazans home matches since its opening in 2013 and was designed by the same architects behind Wembley and the Emirates Stadium. The HD screen on the outside is something to behold on approach to the venue. 25 Luzhniki Stadium, Moscow 81,000 capacity – The Luzhniki Stadium will host the World Cup final 25 25 25 Ekaterinburg Arena, Yekaterinburg 36,000 capacity – The bizarre renovated design of the Ekaterinburg Arena will have two temporary stands behind each goal, which extend out from the main stadium. The ground was originally opened in 1953, but reworked so it could host World Cup games before becoming home to FC Ural again. 25 Otkritie Arena (Spartak Stadium), Moscow 45,000 capacity – The Otkritie was built to be both a 2018 World Cup stadium and Spartak Moscows first permanent home. Moscows second World Cup arena was opened in 2014 and features a monumental statue of the gladiator Spartacus outside. 25 25 25 Otkritie Arena (Spartak Stadium), Moscow 45,000 capacity – The Spartak Stadium will host England v Colombia Krestovsky Stadium (Saint Petersburg Stadium), Saint Petersburg 68,000 capacity – The Krestovsky was finally completed in 2017 after originally being targeted for a 2009 opening. Zenits new home will remain in use after the 2018 World Cup and features a spectacular design reminiscent of a UFO. Mordovia Arena, Saransk 45,000 capacity – Reminiscent of the 2010 Soccer City World Cup stadium in South Africa, the Mordovia Arena has a striking orange and white exterior. The venue was opened in May and will become home to local side FC Mordovia after the tournament. It will host the opening ceremony on Thursday, which will include our very own Robbie Williams, and the opening game.However, there are plenty of newer, more modern designs that will see action in this summers tournament.Scroll through the images below for our guide on all the 2018 World Cup stadium… It’s World Cup day!The tournament we’ve been waiting forever for (well, four years) kicks off today, with hosts Russia taking on Saudi Arabia.This years centrepiece stadium will be Moscows 81,000 capacity Luzhniki, which has been around since the 1950s. 25 25 Cosmos Arena (Samara Arena), Samara 45,000 capacity – The game will be hosted at the Samara Arena
Kevin Mc Hugh led the Harps’ attack against Longford Town. Pic.: Gary FoyFinn Harps can look to rebuild their season after a solid display against league leaders Longford Town at Finn Park last night.Peter Huttons side were looking for their first win in six outings but were probably happy to settle for a draw in the end.Having beaten Longford on two previous occasions, Harps went into the game in hopeful mood. Both sides had opportunities in a tight opening half with David O’Sullivan going close for the visitors while Kevin McHugh was well marshaled throughout despite looking lively.Gary Merritt sends a cross in from the Harps’ left wing during the first half of their match against Longford Town at Finn Park tonight. Pic.: Gary FoyHarps could have opened the deadlock from a James Doherty cross but McHugh could not connect properly and his shot went wide.It could have gone horribly wrong for Harps when Longford appealed for a penalty.Gary Shaw looked as if he had beaten Harps ‘keeper Ciaran Gallagher but Gallagher collided with him. Longford appealed but the referee waved the claims away.Peter Hutton will be pleased with a share of the spoils in a game that could have went either way.The draw against the league leaders could well give them a sense of belief that has been missing form the team recently.Ciaran Coll clears the ball as a Longford Town player closes in. Pic.: Gary Foy HARPS GRAB DESERVED DRAW AGAINST LEADERS LONGFORD was last modified: July 13th, 2013 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:finn harpsLongford Town
Please help to find PaddyTHE family of a man missing from his home in Dublin have today asked the public in Co Donegal for help in locating him.Paddy Douglas was last positively identified in Dublin on January 5 last. However a good samaritan in Letterkenny three days later believes he may have helped the 64-year-old.The local man says he had a conversation with a man fitting Paddy’s description, got him a taxi to a hostel and gave him money for food. This man looked like Paddy and spoke with a Dublin accent. The man also said he had just arrived in Letterkenny on the bus from Dublin and was trying to find a friend a Gaoth Dobhair.If you have seen Paddy at any stage since January can you call Gardai in Coolock on the number in the poster above or contact your local Garda station.His family has asked Donegal Daily readers for help in locating him.“Please share this story on social media so it can be seen as many people as possible,” said his niece Fran Douglas Hislop. “We would be very grateful for any information no matter how small.” COMMUNITY HELP: FAMILY OF MISSING DUBLIN PENSIONER SAY HE MAY BE IN DONEGAL was last modified: April 3rd, 2014 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) Tags:CoolockdublinGweedoreletterkennyMissinmissingPaddy Douglas
Kavan, a defender, returned to the field this season after missing most of 2017 due to injury. She played in 17 matches with 15 starts, scored one goal, handed out two assists and helped guide the defense with Gorom. Lyjak, a forward, has appeared in 17 matches, scored a golden goal at Valparaiso and led the team with three assists. Stone has played every minute at goalkeeper for the Bulldogs in her second season and been the final defense of the Bulldogs’ backline with Gorom and Kavan. She has five shutouts, tallied 86 saves and leads the Valley in goals against average (0.54), save percentage (90.9) and shutouts (4) in league action. Stone allowed just four goals and had four shutouts in league play, both totals led the Valley. Brand, who missed most of the season due to injury, returned to the lineup at Loyola Oct. 6. She made an immediate impact in league play with two game-winning goals and handed out one assist in just five matches. Brand earned All-MVC honors each of her four seasons at Drake. Walls played in 17 matches in her first season. She is second on the team in goals with three to go with two assists. Helverson appeared in 17 matches in her first season, made seven starts and scored a golden goal versus Indiana State in a huge 3-2 comeback win for the Bulldogs. For the sixth-straight season, Drake has two first-year student-athletes tabbed to the MVC All-Freshman team as Libby Helverson (West Des Moines, Iowa) and Walls received the honors in 2018. No. 2 Drake plays sixth-seeded Evansville in the MVC Tournament semifinals on Friday at 3:30 p.m. at Loyola Soccer Park. The Bulldogs are vying to win their second-ever MVC Tournament title and claim the MVC’s automatic berth to the NCAA Tournament. Friday’s match will be broadcast on ESPN+. Print Friendly Version Gorom is the fourth player in school history to be named MVC Defensive Player of the Year. She started 17 matches this season, helped the Bulldogs’ defense record five shutouts and hold MVC opponents to a league-low four goals and all of Drake’s 2018 opponents to league-low 17 goals. These are the first-ever MVC awards for Gorom who has appeared in 69 career matches. Rohan, a midfielder, played in 14 matches with 10 starts and handed out two assists, including the assist on Brand’s game winner against UNI. She was named to the 2016 MVC All-Freshman team. CHICAGO – The Drake University women’s soccer team earned multiple Missouri Valley Conference end of the season awards Thursday night at the MVC women’s soccer awards banquet in Chicago. A trio of Bulldogs landed on the All-MVC Second Team as redshirt junior Vanessa Kavan (Lincoln, Neb.), junior Shelley Lyjak (Bartlett, Ill.) and sophomore Kelsie Stone (Hoffman Estates, Ill.) earned their first All-MVC accolades. Senior Alyssa Brand (Skokie, Ill.) and freshman Alison Walls (Kansas City, Mo.) garnered All-MVC Honorable Mention honors. Senior Elaine Gorom (O’Fallon, Ill.) was named MVC Co-Defensive Player of the Year with Loyola’s Madison Laudeman along with being selected to the All-MVC First Team. Junior Cassie Rohan (Palatine, Ill.) joined Gorom on the All-MVC First Team.
11 July 2013South African state company Transnet has secured US$108-million (approximately R1.1-billion) in financing from the Export-Import Bank of the United States to support its purchase of 53 locomotives from US company General Electric Transportation.The grant, announced on Monday, follows Ex-Im Bank’s approval, in February 2011, of a R1.1-billion loan to Transnet for the purchase of 47 locomotive kits from General Electric (GE), adding up to a total of $230-million in financing for the purchase of 100 GE locomotives.Ex-Im chairman Fred Hochberg, referring to US President Barack Obama’s recent trip to South Africa, said in a statement on Monday: “As the President highlighted on his recent trip, there are enormous opportunities for US exporters in South Africa and across the broader region.”The bank, which provides below-market financing to facilitate sales of US goods abroad, would “continue to help American companies expand their reach into this dynamic market,” Hochberg said.In April 2012, Transnet has announced the details of a R300-billion investment in infrastructure aimed at creating over half-a-million new jobs while making its freight rail division the fifth-largest in the world.Transnet plans to spend the lion’s share of this capital investment, R205-billion, on rail projects – R151-billion of this on freight rail – as the company pushes to increase South African freight rail volumes from about 200-million to 350-million tons by 2019, while increasing its market share of container traffic from around 79% to 92%.Achieving such an increase would significantly reduce the cost of doing business in South Africa, Transnet said last year, citing internal studies showing that rail in the country was on average 75% cheaper than road transport.The 47 GE locomotive kits are due to be shipped to Transnet Rail Engineering’s facilities in Koedoespoort, Pretoria later this year, where they will be assembled by local workers to include up to 37% local content.“I greatly appreciate Ex-Im’s financing arrangements for this sale, which supports jobs in the United States and South Africa,” GE Transportation CEO Lorenzo Simonelli said on Monday.Ex-Im Bank said South Africa was “one of nine key markets Ex-Im Bank has identified as having strong opportunities for US exporters. In financial year 2012, Ex-Im Bank authorized approximately $130-million in financing to South Africa, and the bank’s current exposure is more than $1-billion.”SAinfo reporter