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December 24, 2019

Canning: We may have to adapt to Caixinha surprise

first_img“Obviously if he does something completely out of the blue on Saturday, we’ll have to adapt. Hopefully if we’re prepared properly then we can be adapted to whatever they can throw at us.”Canning is anticipating a big crowd at Ibrox and said that Caixinha’s arrival might serve as extra motivation for players. After seeing his side lose 6-0 to the Glasgow side recently, he said players will need to be on top of their game but that taking a point or three was a possibility.“The atmosphere will be intense as well, with the new manager coming in,” he said. “It’ll be similar to when we played them on the opening day of the season. “It’ll be a big crowd, a big atmosphere and the players will desperate to impress and do well. So we need to sure that we stand up to that, we defend properly and we’re organised.  Hamilton manager Martin Canning has said that his team may need to show they are adaptable when they face Rangers this weekend.Accies will travel to Ibrox to play a Rangers side taking to the pitch under new manager Pedro Caixinha for the first time. Canning says that he’s tried to learn what he can about his Portuguese counterpart’s style but his players may have to react to surprises in the line-up or tactics.“I saw a bit of his interview yesterday and I thought he spoke very well,” Canning told STV. “Obviously when you’re going to play a team with a new manager, particularly one that you don’t know too well, there’s a question mark over what they’ll do.“All you can do is as much work as you can, which we’ve done to think that we’ll get that part of it right.  “We have to make sure they don’t hurt us because of a lack of concentration, which is what happened last time. “If you look back at it we played very well for large parts of that game. Obviously decisions went against us within the game and there were individual lapses of concentration. “It was never a 6-0. If the concentration levels are high and disciplie is good then there’s no reason why we can’t go there and get a result.”last_img read more

December 19, 2019

Zuma: shared prosperity for all

first_imgPresident Jacob Zuma with his counterparts,Indian prime minister Manmohan Singh,President of Russia Dmitry Medvedev,President of China Hu Jintao, and BrazilianPresident Dilma Rousseff. Zuma wasaddressing a press conference as SouthAfrica formally joins Brazil, Russia, Indiaand China (BRIC) to form BRICS.(Image: GCIS)MEDIA CONTACTS • Clayson MonyelaSpokesperson, Department ofInternational Relations and Cooperation+27 12 351 0893 or +27 82 884 5974RELATED ARTICLES• SA’s BRIC membership to boost country• Launchpad top a billion consumers• SA holds score on Doing Business index• Looking south and east for growth• China-Africa relations to deepenSource: The PresidencyThe third summit of the BRICS (Brazil, Russia, India, China and South Africa) group of emerging nations takes place in China on 14 and 15 April under the theme Broad Vision, Shared Prosperity.South Africa’s President Jacob Zuma, representing the country for the first time at the invitation of his Chinese counterpart Hu Jintao, addressed a plenary session on 14 April.Zuma thanked the other members of the bloc, saying that South Africa was proud to be a member of the new world order.The full text of his speech follows below:It is a great honour for South Africa to attend this third BRICS leaders’ meeting as a new member of this important mechanism.I wish to acknowledge with deep gratitude the personal efforts made by the distinguished leaders present here, to expedite South Africa’s membership of BRICS.Your various messages of congratulations and official statements on South Africa’s membership have been humbly but proudly received by the South African government and people. I thank you sincerely for this exceptional welcome into your midst.It may be recalled that just two decades ago, South Africa was still in the throes of its liberation struggle. Brazil, the Russian Federation, India and China firmly supported our quest for freedom.  Today we have met as one, we have met as partners.This bears testimony to the evolving world. We are now equal co-architects of a new equitable international system.Such a new world order will be to the benefit of all humanity and aims at securing shared prosperity for all.What distinguishes each of the BRICS countries is the value and importance we attach to development.We share the commitment of ensuring that our people benefit at the broadest level from global growth and that the benefits of economic expansion are shared equitably.South Africa and the African continent’s future prosperity is increasingly linked to the economies of BRICS, and this forum can decisively assist in tackling our development deficits.As you are aware, the BRICS countries in general have a large savings pool whereas the African continent is ready for large scale investments, particularly in infrastructure and manufacturing.Over the next ten years, Africa will need US$480-billion (R3.3-trillion) for infrastructure development, which should interest the BRICS business communities.Already, Africa is projected as the third fastest growing economy in the world, while the BRICS countries now constitute the largest trading partners of Africa and largest new investors.This economic relationship will be further strengthened as Africa forges ahead towards regional economic integration. This move will open up opportunities for more foreign direct investment and expanding trade relations with BRICS countries.With regards to South Africa specifically, we expect to benefit economically and politically from this important alliance.Our primary goal is to improve the lives of South Africans through the growth and development of the economy, which will in turn result in job creation, our primary focus areas especially this year.South Africa stands to benefit from the concrete projects of BRICS.  These are in areas such as agriculture, science, statistics, development finance institutions, security and justice.As this is a dynamic relationship, more areas of cooperation will no doubt be added as we interact.We must emphasise that the relationship with our BRICS partners does not mean that relations with countries such as the US and the broader North have become less important.The European Union and Europe also remain South Africa’s most important economic trading partners, accounting for approximately 40% of its exports, as well as 70% of foreign direct investment.We value these relationships with the developed North too.We recognise the developed North’s continued dominance, but it is important to also acknowledge the rising importance of the giants of the South and the value thereof, for a developing economy like ours.Excellencies, ladies and gentlemen,As you are aware, the African Union (AU) has put forward a road map towards a viable political solution to the Libyan situation.The roadmap calls, amongst others, for the cessation of all hostilities, implementation of political reforms to eliminate the causes of the current crisis, and an inclusive dialogue among the Libyan parties.While Libyan Leader Colonel Muammar Gaddafi accepted the road map and has agreed to work with the AU towards a solution, we must still work further with the opposition groups to gain their understanding and cooperation.We appreciate the support of the BRICS countries of this AU initiative.With regards to Cote d’Ivoire, the AU had taken a position that the recognised winner of the elections, Mr Alassane Ouattara, should be given an opportunity to lead the country.It is important that work begins without delay towards normalising the situation and to unite the Ivorian people.Excellencies, ladies and gentlemen,At the end of this year, South Africa will host the 17th Conference of Parties (COP) meeting of the UN Framework Convention on Climate Change.We are working towards the implementation of the COP 16 decisions in Durban, and are aiming for a realistic outcome in the short time available, while not raising any unrealistic expectations.We firmly support an equitable and legally binding outcome to be reached by parties participating in the climate change negotiations.I also have the honour to co-chair, with Her Excellency Tarja Halonen, the President of Finland, the UN secretary-general’s High Level Panel on Global Sustainability.We have no choice as nations of the world. We must confront the climate change challenge head on for the sake of sustainable development and future generations.Ladies and gentlemen,With regards to equitable international trade, we join the call for the conclusion of the Doha Development Round, and will continue engaging for a developmental round.Excellencies, ladies and gentlemen,We are optimistic about progress in many areas of cooperation, because we in BRICS share a common view on the need to work together to change the world for the better.There is unity of purpose in our diversity and this is what renders this mechanism unique and increasingly influential.Naturally each country is responsible to its own citizenry, but we further share a collective accountability now to the global community and notably the emerging market and developing economies component thereof.Once again, let me reiterate the honour of the Republic of South Africa and its people on becoming a member of this important group of countries.I thank you.last_img read more

December 12, 2019

Federal Tax Extenders Could Return to Affect 2018 Returns

first_imgTaxpayers surprised this filing season that they could not claim certain tax breaks may find relief for their 2018 returns from federal tax extender legislation. The Tax Cuts and Jobs Act (TCJA) made a number of significant changes for 2018 but did not renew some temporary tax breaks that typically get extended by Congress annually or bi-annually.There are close to 30 so-called “tax extenders” that expired at the end of the 2017 tax year. Most of these extenders are rather narrow tax breaks that affect businesses and individuals. Bipartisan legislation has been introduced in Congress to extend many of the provisions for 2018 and 2019. While it is still uncertain whether the legislation will be enacted, it would have an impact on the 2018 returns of taxpayers.If the legislation is enacted, then taxpayers that have already filed their 2018 return would need to file an amended return in order to claim the tax break unless IRS guidance provides otherwise. Taxpayers who filed for an extension will want to wait as long as possible to file their 2018 return to ensure that the legislation is enacted and the tax break is extended.See CCH AnswerConnect’s Tax Extender Infographic to find out more.Extending Energy CreditsThere are a number of extenders that provide a tax credit for the purchase of energy saving property. The extenders vary depending on when the property is purchased or when it is placed in service. They include the following tax credits:the nonbusiness energy property credit available to individuals for the installation of certain building envelope property, furnaces, air conditioners, water heaters, etc.;the new qualified fuel cell motor vehicle credit; andthe 2-wheeled plug-in electric vehicle credit for electric motorcycles acquired by the end of the tax year.Also, there are a number of tax breaks that encourage the production and use of alternative fuels including:the credit for the installation of alternative fuel vehicle refueling property that dispenses alternative fuels including ethanol, biodiesel, natural gas, hydrogen, and electricity;the credit the production of certain types of biofuel called the second generation biofuel producer credit;the credit for producing certain biodiesel, including renewable biodiesel, biodiesel mixtures, and small agri-biodiesel but the taxpayer may credit for biodiesel may be claimed against excise tax liability; andthe excise tax credit for alternative fuels and alternative fuel mixed with traditional fuel used in a motor vehicle, motor boat, or airplane.Extending Cost Recovery of Business ExpensesSome of the tax-extenders involve the recovery of cost of certain business expenditures through expensing and depreciation. The expensing provisions include:the deduction for energy efficiency improvements to lighting, heating, cooling, ventilation, and hot water systems of commercial buildings;the election to expenses up to $15 million of the cost for qualified film, television, and theatrical productions in the year of the expenditure;the election to expense 50 percent of the cost of mine safety equipment in the tax year in which it is placed in service;Depreciation items that may be extended for the 2018 tax year include:a 3-year recovery period for race horses that are two-years old or younger;a 7-year recover period for a motorsports entertainment complex that is permanently situated on land and that hosts one or more racing events within 36 months of its placed-in-service date;the special recovery periods for Indian reservation property for both regular income tax and alternative tax liabilities; andthe additional 50-percent bonus depreciation for second generation biofuel plant property such as cellulosic biofuel properties.Extending Business Tax CreditsFor businesses, there are a number of tax credits that are part of the general business credit claimed on Form 3800 that may be extended for the 2018 tax year. They include:the credit for the production of electricity from certain renewable sources at a qualified facility in the United States, the construction for which has commenced before the end of the tax year, as well as coal produced on land owned by an Indian tribe;the credit for eligible contractors who build new energy-efficient residential homes, including a manufacturer of energy-efficient manufactured homes;the 50-percent credit for qualified railroad track maintenance expenditures paid or incurred by an eligible small and mid-sized railroad companies;the employer credit for the training program costs incurred with respect to each qualified mine rescue team employee;the Indian employment credit on the first $20,000 of wages and employee health insurance costs paid to or incurred with respect to each qualified employee who works on an Indian reservation; andthe tax benefits for certain businesses and employers operating in empowerment zones including tax-exempt bond financing, a credit for employers who hire qualifying employees, accelerated depreciation deductions on qualifying equipment under section 179, and deferral of capital gains tax on the sale of qualified assets sold and replaced.Individual Deductions in the ExtendersFor individual taxpayers, there are a few tax-extender provisions that may affect their 2018 returns. They include:the itemized deduction of mortgage insurance premiums as mortgage interest on Schedule A, though the deduction phases out if the taxpayer’s AGI exceeds $100,000;the ‘above-the-line’ deduction for tuition and fees of the taxpayer, a spouse, or dependents; andthe exclusion from gross income of up to $2 million of discharged qualified principal residence.The tax extender legislation pending before Congress would also extend the 7.5% AGI threshold for the itemized deduction of medical expenses for the 2019 tax year. The threshold is already 7.5% percent of 2018, but is scheduled to increase to 10% of AGI for 2019 without a change.By John Buchanan, JD, LLMLogin to read more on CCHAnswerConnect.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

December 12, 2019

Pitbull To Headline Massive Annual July 4th Concert In Philadelphia

first_imgIs it a surprise that Philadelphia knows how to throw an epic July 4th celebration?The team behind the blockbuster Wawa Welcome America festival has been throwing massive Independence Day (and week!) celebrations for more than a quarter of a century — and 2018 will be no different.WAWA WELCOME AMERICA FAST FACTSThe massive, multi-day July 4th celebration runs from June 28 to July 4.Pitbull headlines the FREE Wawa Welcome America July 4th Concert on the Benjamin Franklin Parkway.The Wawa Welcome America July 4th Fireworks show after the concert will be the largest show in a decade.Celebrating the nation’s birthday for the 26th year in a row, Wawa Welcome America — one of the biggest events of the entire year in Philly — is a multi-day party with 50 free events (!) for all ages throughout the city, including concerts, a parade and fireworks.Speaking of concerts, the giant free concert on the Benjamin Franklin Parkway on July 4th features a different set of talented musicians each year, and this year, global hip-hop star Pitbull will headline the huge concert. (Photo courtesy Pitbull) Make plans to catch global hip-hop superstar Pitbull — for free! — at the big Wawa Welcome America July 4th Concert this Independence Day on the Benjamin Franklin Parkway.Pitbull — or “Mr. Worldwide,” as he’s also known — is the star behind hits like Timber, Give Me Everything and I Know You Want Me. He’s sold six million albums and 70 million singles, and had No. 1 hits in more than 15 countries.The Parkway stage will also welcome Heather Headley, a Grammy Award-winning R&B, gospel and Broadway star who has toured with Andrea Bocelli. The Philly POPS BIG Band and R&B singers Tiffany Jones, Alita Moses and Desahanna Wooden will perform as well.After the festivities on stage, a huge fireworks show will fill the sky above the Philadelphia Museum of Art. This year’s spectacle promises to be the largest July 4th fireworks show in more than a decade.Can’t make it to the Parkway? The celebration will be broadcasted live throughout the Philadelphia area on NBC10 and broadcasted in Spanish on Telemundo62.More info on the other 49 free events going down during the 26th annual Wawa Welcome America festival will be announced in May, so stay tuned. Wawa Welcome America July 4th Concert Featuring PitbullWhen:Wednesday, July 4, 7-10 p.m. Where:Benjamin Franklin Parkway Cost:Free www.welcomeamerica.comlast_img read more

November 28, 2019

SAFF Championship: Referee was biased, alleges Afghanistan coach

first_imgAfter Afghanistan’s 0-4 loss to India in the final of the SAFF Championship, their coach Mohammad Yusuf Kargar alleged that referee Sukhbir Singh, from Singapore, was biased towards the Indian team.He went to the extent of saying that it might have something to do with his religious background.”India played well but I have to say that the referee was partial to them. I don’t know whether he is a Sikh or a Hindu but he supported them (India),” he said.”We shall write to AFC (Asian Football Confederation) on the incident and ask how such a young and inexperienced referee was appointed to officiate in the final. His judgment cost us the game.”The referee was appointed by match commissioner Abdur Razzak from Bahrain.After the match remained goalless till the 63rd minute, India’s striker Jeje Lalpekhlua was tripped in the box by Afghan defender Faisal Safa, for which India was awarded a penalty.But Afghanistan’s captain Hameedullah Yousufzari was not happy with the decision and pushed the referee for which he was sent off.Playing with just 10 men, Afghanistan conceded four goals in the last 20 minutes as India retained the title.”After the red card, our team morale was shattered. We played well in the first half but after that our game became disorganised,” Kargar said.This is the first time that Afghanistan had entered the SAFF Championship final and their performances had impressed everybody.India coach Savio Medeira, however, said that the referee was not partial to the home team.advertisement”I don’t think the referee was partial, maybe the red card was harsh on Afghanistan. They started well, but the goalkeeper should have kept his cool,” he said.India captain Climax Lawrence also agreed with Medeira. “The player pushed the referee and that is an offence,” he said.Medeira said it was special for him to win the title as a coach. “This is a very special day for me as now I have won the SAFF Championship both as a player and a coach,” he said.last_img read more

November 28, 2019

LeBron says his talent gets taken for granted at times: ‘It looks easy, but it’s not’

first_imgCleveland Cavaliers’ LeBron James leaves the court after being ejected for a double technical in the second half of an NBA basketball game against the Miami Heat, Tuesday, Nov. 28, 2017, in Cleveland. The Cavaliers won 108-97.  AP Photo/Tony DejakSince arriving in the NBA in 2003, LeBron James’ unparalleled greatness has been on full display almost every time he steps foot on the court.Now on his 15th season, the four-time league MVP has been phenomenal for so long that both fans and pundits seem to no longer be as appreciative of his herculean efforts on a nightly basis.ADVERTISEMENT ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims Hotel says PH coach apologized for ‘kikiam for breakfast’ claim View comments Business as usual? Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ After 30 years, Johnlu Koa still doing ‘hard-to-make’ quality breads MRT 7 on track for partial opening in 2021 After the Cleveland Cavaliers’ horrid start at the beginning of the season, James took it upon himself to gather his troops and bring the team back to its winning ways.With James leading the charge, the team has won 13 straight contests and currently ranks second in the Eastern Conference.Still, James revealed that he’s just getting started and he would eventually shift to an even higher gear come playoff time.“I can play better. But I think right now I’m in a really good groove. But for me every month I get better and better,” he said. “That’s how I’ve been in my career. I get stronger and stronger as the months go on. I just want to continue that.”He added: “I want to continue to get better and better every month. This is December, I’m at 80. January I’ll be at 85, I’ll be at 90 in February, I’ll be at 95 in March and then when playoffs start I’ll be at 100 all the way up hopefully until June. Hopefully I can continue that.” Khristian Ibarrola /raADVERTISEMENTcenter_img Jordan delivers on promise: 2 Cobra choppers now in PH Malditas save PH from shutout The Fatted Calf and Ayutthaya: New restos worth the drive to Tagaytay MOST READ At 32 years of age—with no signs of slowing down anytime soon—James is averaging career highs in field-goal percentage and 3-point percentage this year.But despite his overall production on both ends on the floor, “The King” revealed that he does feel under-appreciated from time to time.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games opening“I think people have just grown accustomed of what I do and it gets taken for granted at times what I do because I do it so often and it’s been a constant thing for so long,” he told ESPN’s Dave McMenamin.“It’s like, ‘Oh, that’s what LeBron’s supposed to do.’ It looks easy, but it’s not.” LATEST STORIES RELATED STORY:LeBron James uses ‘NBA 2K’ to figure out best fit for Cavs lineupSports Related Videospowered by AdSparcRead Next Don’t miss out on the latest news and information. last_img read more