North American stock markets were mixed as relief that U.S. lawmakers have headed off a potential default was muted by the fact that Republicans and Democrats will be locking horns again over the debt issue in just a few months.The S&P/TSX composite index edged up 15.61 points to 12,972.82 with lift coming primarily from a sharp gain in the gold sector.The Canadian dollar was up 0.41 of a cent to 97.18 cents US while the U.S. dollar weakened after the Senate and House of Representatives passed a measure Wednesday night that reopens the government through Jan. 15 and permits the U.S. Treasury to borrow normally through Feb. 7 or perhaps a month longer.It included nothing for Republicans demanding to eradicate or scale back President Barack Obama’s signature health-care overhaul.U.S. indexes were mixed following a strong relief rally over the previous two sessions. But markets were also pressured by weak earnings reports from IBM and Goldman Sachs and the Dow Jones industrials fell 69.87 points to 15,303.96.The Nasdaq gained 2.19 points to 3,841.62 and the S&P 500 index added 0.83 of a point to 1,722.37.The debt deal was reached just before a deadline when the U.S. borrowing authority was set to expire, meaning the government would have started to run out of money to pay creditors.“The deal comes not a minute too soon,” said BMO Capital Markets senior economist Sal Guatieri.“Of course this is only a temporary solution and more hard work needs to be done to avoid another standoff in the new year. But the political damage to the GOP could see it play nicer in the sandbox, for fear of losing their majority in the House in the November 2014 elections.”Christine Lagarde, managing director of the International Monetary Fund, welcomed the deal but said the shaky American economy needs more stable long-term management.Meanwhile, traders took in a fresh batch of earnings reports from a variety of companies, including market heavyweights Goldman Sachs and IBM, and looked ahead to the release of a slew of earnings reports which weren’t released earlier this month because of the government shutdown.On Thursday, Goldman Sachs’ posted third-quarter net earnings of US$1.52 billion, or $2.88 a share, up from $1.51 million, or $2.85 a share a year ago. Revenue fell to $6.72 billion from $8.35 billion a year earlier. Analysts expected earnings of $2.46 a share on revenue of $7.34 billion and its shares fell $4.11 to $158.14.After the market close Wednesday, IBM said that its third-quarter net income rose six per cent, but revenue fell and missed Wall Street’s expectations by more than $1 billion, pushing its stock down $11.37, or six per cent, to $175.36.Worries that the U.S. deal to avoid default only postpones the debt problems helped push most commodity prices lower.But December bullion gained $37.10 to US$1,319.40 an ounce and the gold sector ran ahead about 4.25 per cent. Goldcorp (TSX:G) improved by 97 cents to C$25.38 while Barrick Gold (TSX:ABX) lost 68 cents to $18.91.The base metals component rose one per cent even as December copper slipped two cents to US$3.29 a pound. Teck Resources (TSX:TCK.B) ran up 55 cents to C$28.46.Tech stocks led TSX decliners, down over one per cent with CGI Group (TSX:GIB.A) down $1.35 to C$37.06.Industrials were also weak with Canadian Pacific Railway (TSX:CP) stepping back $1.61 to $133.The telecom sector was down 0.6 per cent after the federal government outlined plans in its throne speech Wednesday that would mandate an unbundling of cable TV offerings. There was also a promise to reduce smart phone roaming charges and Telus (TSX:T) was off 50 cents to C$34.25.The November crude oil contract on the New York Mercantile Exchange lost $1.52 to US$100.77 a barrel and the energy sector slipped 0.1 per cent. Cenovus Energy (TSX:CVE) fell 25 cents to C$30.74.European bourses declined as London’s FTSE 100 index slipped 0.21 per cent, Frankfurt’s DAX was down 0.54 per cent and the Paris CAC 40 lost 0.24 per cent.

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first_img Thwaites, who became the new president of the local skeet club after he was elected unopposed recently, at the Jamaica Skeet Club in Portmore, said Azan would be tasked with improving the participation of the young shooters and encouraging the development of the sport. “We want to expand its (the sport) exposure to the school population in Jamaica. We see the future of our sport as highly dependent on the number of youngsters who we can bring into it,” continued Thwaites. Former president Azan says that it’s time for younger members to take control of the sport. “I am very confident that we are leaving at the right time. I think that it’s time now for a younger group to come in and to take charge,” Azan reasoned. He credited the new president for selecting a committee of young, bright people, noting that they and would take the club to a new level. Meanwhile, Thwaites is joined on the executive by Leighton Sasso, who was vice-president in the last regime (he retains his position); AndrÈ Holung – treasurer; and Jordon Samuda – secretary. The committee members who will also serve on the board are Shaun Barnes, a five- time national champion; James Chen; Andre Hopwood; and Ray McMaster. New Jamaica Skeet Club president, Evan Thwaites, has put the continued growth of local shooters and competitions high on his mandate, noting that he wants to have up-to-date systems to help develop even greater competitiveness in Jamaica’s clay shooting. Thwaites will be looking to build on the successes of past president Kahaleel Azan who demitted office recently, after four years at the helm. President Thwaites indicated that the new committee is going to build on the past president’s success. “Mr Azan has developed the sport of shooting tremendously. We see our role as building on that, improving the shooters’ experience, the competitions, making sure we have up-to-date registration systems, scoreboard systems and thus trying to develop even greater participation in the future.” DEVELOPING THE SPORTlast_img

first_imgSports Related Videospowered by AdSparcRead Next Ateneo clinches Final Four spot, dominates NU Ateneo may be on top of the UAAP Season 81 men’s basketball standings but head coach Tab Baldwin said there’s still more to be desired of his team’s performance.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew The Blue Eagles own a 9-2 record but for the past two games shown considerable weak points especially in the second half.Baldwin said his team lacks the killer instinct required to end games quickly and easily.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“It’s our attitude when we have a big lead, it’s not just the start of the third, it could be the start of the fourth,” said Baldwin after Ateneo’s 79-64 win over National University Saturday at Smart Araneta Coliseum.“We dropped our mentality for sure and we don’t have a killer instinct and for sure it’s something we’ll continue to talk about.” View comments Nadine Lustre’s phone stolen in Brazil Japeth Aguilar embraces role, gets rewarded with Finals MVP plum “We’ve got to have a bench that wants to go over with the same attitude and we’ve got to get starts that want to go back with the same hunger,” said Baldwin. “[Losing momentum in the half] is not an uncommon problem for teams but it’s something we have to clearly identify and work on.” Allen Durham still determined to help Meralco win 1st PBA title Tim Cone, Ginebra set their sights on elusive All-Filipino crown Don’t miss out on the latest news and information. 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 Will you be the first P16 Billion Powerball jackpot winner from the Philippines? MOST READ Ateneo had strong starts against the Bulldogs and University of the East but looked to lag once the second half started.The Blue Eagles held a 44-20 lead in the second quarter against the Bulldogs but allowed NU to cut the margin to 12 points, 55-43.A similar incident also happened in the defending champions’ last game against the Red Warriors when they held a 57-24 lead after the first half before watching UE outscore them 27-16 in the third quarter.The Blue Eagles held on for the 90-70 win but Baldwin was adamant that his team’s performance in the second half isn’t up to par to his expectations.Baldwin even mentioned the team’s 63-60 first round loss against Far Eastern University in a game the Blue Eagles started with an 18-3 lead.ADVERTISEMENT Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. LATEST STORIES Gov’t to employ 6,000 displaced by Taal Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anewlast_img

first_imgThe Pastor of the New Water in the Desert Assembly (NWIDA), Reverend Dr. Kortu K. Brown, in an article published on our front page yesterday and in our online edition, called on “ordinary Liberians” to stand up against dual citizenship to avoid what he called “recreating the age-old Americo-Liberian Country divide” that plunged the country into a bloody coup and a devastating civil war. But Pastor Brown received swift reactions from Liberians at home and abroad as the following Letters to the Editor from the paper’s online edition indicate. —Editor.Moses Sandy · Top Commenter · Temple University: Mr. Editor, please tell Rev. Brown that his reference to Sierra Leone as one of the many countries in the world without dual citizenship is wrong. Sierra Leone passed its dual citizenship law in 2006. The Reverend is historically wrong.Elijah Kollie · Works at University of Minnesota: This pastor needs to study the History of Liberia before he can make such a comment about the division of Liberia so-called Congor and Native Liberian. This has nothing to do with Native Liberians and Congor Liberians. There are native Liberians and congor Liberians who have naturalized as American citizens and will in no way impact the political and social economic situation of the Liberian government. This is the 21st century, and we have long past the treatment of native Liberian by Americo Liberian as subordinates. We will all be equal in every political and social economic activity. This has nothing to do with class system as was in the past. Therefore pastor you have nothing to fear about. Lots of Liberians will in fact gain from this dual citizenship. Liberians having children by American citizens are automatically American citizens. Liberian Americans will advocate for lots of help for Liberians through their congress men and women to assist Liberia when the need arises. There are lots of Liberians in the military in the United States and other Liberians holding elected positions in the United States and many of us are tax payers as a result, we can influence the political calculations in the United States that will benefit Liberia. Liberians need not to worry about what is in there for them. You have lots to gain than to lose.Nyemade Wani · Top Commenter · University Of Liberia, Monrovia, Liberia campus. Every now and then you get an idiot who defies common sense. This man is afraid that when Liberians come back, they will show that he is not only not a man of God, he is nothing and he wants to continue conning the Liberian people to support him since he has no skills to of anything. And Liberian Observer seems to always put some idiot on their cover. First of all, most of those who fled the war are indigenous people. So you are denying these people their birthright. Second, many of them send their hard earned cash to your parishioners so you can sit on your fat butt and do nothing but chase the women in your church and eat. Shut up because you have absolutely nothing to contribute. As a Liberian what have you done to bring your people up? Who do you think galvanized the US and send hundreds of things to Liberia during the Ebola crisis? Nyemade Wani · Top Commenter · University Of Liberia, Monrovia, Liberia campus:  countries that have dual citizenship and the world has not ended. : United States, Canada, Colombia, Costa Rica, Australia, France, Ghana, Greece, Granada, Mexico, Morocco, New Zealand, Ivory Coast, Togo, Tunisia, United Kingdom, South Africa, Switzerland, Panama, Nigeria, Hong Kong, Belgium, Barbados, Chile, Egypt, Finland, Italy, Pakistan, Peru, Sweden and the list goes on. These countries are far better than Liberia so what the hell are you talking about? And for your information Zimbabwe is a dying country with more than 3 million Zimbabweans living in South Africa.Livingstone Gongor · Pottsville, Pennsylvania: Why it is true that there are fewer countries in the world that don’t accept dual citizenship, but most of the world’s countries embarrass dual citizenship. I think pastor Brown has to take into consideration that the world we live in now is a global village. There are many developed nations that embarrass dual citizenship. Like for example the few countries he named are all developing countries. So therefore I think pastor Brown has to do more research and try to compare why many countries that have dual citizenship are in fact developed than those that opposed dual citizenship. The idea of dual citizenship is to let citizens choose where they can live freely and progress in life. I know he’s thinking that these people do not love their countries but in the flip side they do. I can challenge Pastor Brown to check the record as to how the Liberian’s economy is growing. He is benefitting from Liberian living overseas directly or indirectly. If he’s so afraid of people having divided loyalty then make sure to have a tougher law that is enforced. I mean people should respect every law regardless of which country one lives in. If he wants to only grant partial rights to people who have dual citizenship then where is the birth right? A true democratic country will grant their citizens the right to free life. If your government dies the right thing you will not have to force people to live in a country.Nyemade Wani · Top Commenter · University Of Liberia, Monrovia, Liberia campus: We cannot listen to a man who wears a dress. The church has been one of the places that has oppressed people over the years. Besides those who were born in Liberia and now live elsewhere, do you really think there is a long line forming to become Liberian citizens. South Africans can travel t the US for 90 days without a visa, Liberians cannot even go to the bathroom in Kenya without visa and they want to say that Liberian passport is so valuable. Let us hear, mehn. You think right now if you in a foreign country and something happen to you, the Liberian government will send in Special Forces to rescue you? Citizenship sonly as strong as the power of the government and Liberia has squat power. Mr. Brown, if the Liberian passport is so valuable, why the long line for DV and for people wanting to go abroad? You better fix your country and start dealing with the corruption. Calling yourself a man of God, oh please.Charles Stevens · University of Liberia: Rev. Brown you want to tell the world that the town of the blind, the one eye man must be the chief ? Make room for other people who can move around the town .foster please stop preaching divide, telling the people the true don’t be afraid, you will still be paster, we love you bringing the worldMoses Sandy · Top Commenter · Temple University: Mr. Editor, please tell Rev. Brown that his reference to Sierra Leone as one of the many countries in the world without dual citizenship is wrong. Sierra Leone passed its dual citizenship law in 2006. The Reverend is historically wrong.Bishop William Snorton Sr. ·Dover, Delaware: I love you Brother Brown, but you have got this wrong.Daa Onenokay · Top Commenter · Works at State of New Jersey: Some pastors are wise and some are stupid.Kla Allison · Cape Palmas HIgh School: I don’t understand why some Liberians will always do and say things with anger and try to disrespect other people. This pastor, as a Liberian, just stated why I he think dual citizenship is not good for Liberia and some people are insulting him. Why can’t you just articulate the important of dual citizenship in Liberia without using insulting words? Responding to someone with insult on this network shows your leave of understanding. Liberians, we can be better than this.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img

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