THE END OF PERSIAN GULF CONFLICT: Will Bahrain and UAE get back WCh 2015 places?

first_imgShareTweet ShareShareEmailCommentsSaudi Arabia, the United Arab Emirates and Bahrain agreed on Sunday to return their ambassadors to Qatar, signaling an end to an eight-month rift over Doha’s support for Islamist groups. Political conflict between countries in Persian Gulf caused a real mess in handball world, when Bahrain and United Araba Emirates decided to decline participation on World Championship 2015 in Doha.IHF announced a week ago that IHF Council will decide about the replacement for these two national teams on their meeting on November 21.  In the last few days a lot of rumours could be heard about substitutions, from Korea, Kuwait, Australia, to European teams as Serbia, Iceland or Hungary.  Diplomatic handball battle was fought in silence. Pingback: Handball “smarter” than Swimming in Egypt | Handball Planet Related Items:bahrain and uae, Bahrain handball, MIDDLE EAS, middle east handball, uae handball ShareTweetShareShareEmail Double crown for Al Jazira in UAE Recommended for you 1 Comment Egypt beat Bahrain twice BATTLE FOR THE UAE CHAMPION: The decisive time Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. 1 Comment last_img read more

Peter Shapiro Taking Heat For New Proposed Brooklyn Project

first_imgPeter Shapiro is generally beloved by New York City music fans for bringing us top notch venues like Brooklyn Bowl and The Capitol Theatre, but according to the blog, Pardon Me For Asking, Shapiro is taking a lot of flack from the Gowanus neighborhood in which he has proposed a new project. Entitled ‘Rock And Roll Playhouse’, the venue was proposed to the area as a theater intended for children 10, providing daily classes and performances geared for kids. However, residents are up in arms after learning that the venue is applying for a full liquor licence and permits allowing them to stay open until 2:00am.Area residents have formed a group called ‘We Are Gowanus’ with the aim of opposing the project. They claim to have been misled on a variety of points, including a lack of soundproofing, an outdoor patio area, a lack of parking, and a huge discrepancy in capacity make the project undesirable for the neighborhood. You should really read Pardon Me For Asking, which has an extremely well detailed look at all of the opposition to the project.(Check out our interview with Peter Shapiro after opening the Capitol Theatre)last_img read more

Fundraising results signal continued strength

first_imgDespite a global economic downturn, Harvard University raised $602 million through fundraising efforts in fiscal year 2009.  These results represent an 8 percent decline from the $651 million that Harvard raised in fiscal year 2008, but are still the third-highest fundraising total in Harvard history (figures not adjusted for inflation).Harvard’s largest School, the Faculty of Arts and Sciences (FAS), showed positive fundraising signs in fiscal year 2009.  The FAS raised $188 million, a 7 percent increase from the $176 million raised in fiscal year 2008.During the past year, the FAS refocused its fundraising efforts on current use, unrestricted giving. Harvard alumni and friends responded, providing $33 million in current use, unrestricted gifts — a 38 percent increase from the $24 million donated the previous fiscal year.“Highlights this year, in addition to the FAS results, include particularly strong receipts for the Graduate School of Education and the Graduate School of Design,” said Tamara Elliott Rogers, vice president for alumni affairs and development.“In the context of the economic turmoil in the markets, Harvard alumni and friends have demonstrated tremendous support for the extraordinary teaching, learning, and research that go on every day across the University, and we are most grateful,” she added.last_img read more

DOJ probe finds ‘serious antitrust problems’ with Halliburton – Baker Hughes merger

first_imgBaer presented another problem of the proposed deal. Namely, Halliburton’s proposed remedy would require the Justice Department and the court to devote substantial resources over many years to supervise the remedy in an attempt to see that it works.“Halliburton’s proposed remedy is so complicated and convoluted that it would require unprecedented resources to oversee it. Halliburton’s purported “fix” would turn the Antitrust Division into an energy sector regulator, rather than a law enforcement agency. That is not our job. Nor is it an appropriate burden to impose on a federal district court judge,” Baer said.In conclusion, Attorney General Loretta E. Lynch, said: “Simply put, the parties’ merger puts competition at risk in too many markets. It’s not fixable and it should be enjoined.” To remind, the oilfield services duo informed on Wednesday its plans to “vigorously contest the U.S. Department of Justice’s (DOJ) effort to block their pending merger”. According to their mutual statement, the companies believe “that the DOJ has reached the wrong conclusion in its assessment of the transaction and that its action is counterproductive, especially in the context of the challenges the U.S. and global energy industry are currently experiencing”.Offshore Energy Today Staff Halliburton & Baker Hughes drive market innovation The duo ‘vigorously contests’ Following the U.S. Department of Justice’s lawsuit seeking to block the proposed merger between the world’s second and third biggest oilfield services provider, Halliburton and Baker Hughes, the department has said that its investigation has revealed serious antitrust problems with the proposed deal.The DOJ alleged that the transaction threatens to eliminate important head-to-head competition in markets for 23 products or services used for on- and off-shore oil exploration and production in the United States, raise prices and reduce innovation in the oilfield services industry.At a press call announcing the DOJ’s decision to block Halliburton’s acquisition of Baker Hughes, Assistant Attorney General Bill Baer said that over 90 percent of Baker Hughes’ revenues come from markets where it competes with Halliburton.“But I have never seen one [merger] that poses so many antitrust problems in so many markets.”“It is not surprising, therefore, that our investigation revealed serious antitrust problems in numerous markets representing billions of dollars of revenue,” Baer said.After stating that the DOJ’s investigation had found 23 product and service markets where the merger would cause a substantial lessening of competition, the Assistant Attorney General explained that in many of these markets, the merger would leave the industry with just two dominant suppliers.According to the Assistant Attorney General, “In eight of the markets alleged in the complaint, the post-merger Halliburton and Schlumberger would have over 90 percent of U.S. sales. In nine other markets, two firms would have a combined share above 70 percent. And in two of the markets – offshore stimulation vessels and offshore liner hanger systems – the merged Halliburton alone would have a share above 80 percent.”Baer noted: “I have seen a lot of problematic mergers in my time. But I have never seen one that poses so many antitrust problems in so many markets.” Baer also noted that the problem with this merger goes beyond these share numbers as Halliburton and Baker Hughes, as well as Schlumberger, the world’s largest oilfield services provider, drive innovation in these markets and are often the only suppliers qualified to bid on the most challenging projects.“Competition in the oilfield services industry is critical to our economy. Competition leads to safer ways to extract oil and gas, to more efficient methods for drilling and it keeps down the cost of producing a barrel of oil,” Baer said.He added it was important to note that these companies compete with each other internationally, and that this merger was the subject of investigations about its effects on competition in multiple jurisdictions, including Europe, Australia, Mexico and Brazil. In Europe, the merger has hit a stumbling block several times failing to provide all the necessary information the European Commission needs to move forward with its decision-making.“They are keeping the infrastructure essential to making each firm successful and just selling off some pieces.”Regarding Halliburton’s move to sell of some assets to satisfy the terms of the merger, Baer stated that Halliburton mostly would keep the more successful product lines and sell assets related to the less successful product lines to some third party: “They are keeping the infrastructure essential to making each firm successful and just selling off some pieces. It is like selling part of a building while removing the heating system, the electrical wiring and some of the foundation.”Further, the department claims that, at the end of the day, Halliburton’s purported settlement would eliminate a formidable rival – Baker Hughes – and replace it with a smaller, weaker rival that is not the equivalent of Baker Hughes today. Turning Antitrust Division into energy sector regulatorlast_img read more

Wilson to preside over La Follette meeting this afternoon

first_imgLAFOLLETTE, TN (WLAF) – A good sized crowd is present for this afternoon’s City of La Follette public hearing and council meeting.  In the meeting, the city council is expected to vote to raise property taxes.La Follette Mayor Mike Stanfield, who holds tie breaking votes, is not in attendance. In the event of a tie, it could get interesting.  Vice-Mayor Lonnie “Hot Rod” Wilson is presiding over the meetings.  (WLAF NEWS PUBLISHED – 06/29/2019-5:35PM)Share this:FacebookTwitterlast_img read more