first_imgThe emergency services have appealed to people to be careful while out walking after the SECOND rescue mission in as many days.A man had to be rescued close to Malin Head earlier today after breaking his leg when he fell on rocks.The man, who fell while out walking along the shoreline, was airlifted by the Rescue 118 helicopter to Letterkenny General Hospital. The man was found by the Greencastle Coastguard UNit who contacted Malin Head Radio station to task the rescue helicopter form Sligo to the remote area.Only yesterday a Dutch tourist also had to be airlifted to hospital after hurting her ankle at the same location.A spokesman for Malin Head Coastguard, who co-ordinated both rescue missions, appealed to people to take extra care while out walking in the good weather.“These two incidents show how such a simply walk along the coastline still poses a certain element of danger. “We would ask people to be careful and to take a mobile phone with them where possible in case they do encounter any injury.“We would ask people not to take any risks while walking and to let people know where they are going,” said the spokesman.   PUBLIC WARNED TO BE CAREFUL AFTER SECOND RESCUE MISSION IN TWO DAYS was last modified: May 29th, 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:Malin Headrescuewalkerslast_img read more

Albert takes his father’s post as ruler of Monaco

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBlues bury Kings early with four first-period goals Nearby, hundreds of residents of the Riviera principality watched the ceremony on a giant screen outside the palace. Many waved Monaco’s red-and-white national flag. “It is important to be here today,” said Georges Testa, 32. “We have to show the prince that the whole country, everyone is behind him. We are all here to tell him we support him, that we love him.” Albert automatically took royal powers upon his father’s death and was appointed His Serene Highness in July in the first of a two-part investiture ceremony. Saturday’s schedule of events also included an afternoon soccer match attended by the prince, a gala night at the opera and fireworks over Monte Carlo. They coincided with Monaco’s national day and were intended as Albert’s formal introduction to foreign dignitaries, royalty and some 800 invited guests. Among those who attended were Britain’s Prince Edward and his wife, Sophie, the Countess of Wessex; Prince Joachim of Denmark; Prince Moulay Rachid of Morocco; and Prince Faisal of Jordan. Iceland’s President Olafur Ragnar Grimsson was the only head of state to make the trip. MONACO – A solemn Prince Albert II formally ascended to Monaco’s throne Saturday in ceremonies that mixed royal pomp with an emotional remembrance for his late father, Rainier III. The festivities started with a Mass in the cliff-top cathedral where Rainier married Hollywood beauty Grace Kelly in 1956 and where he was buried beside her in April when he died at age 81, ending a 56-year reign. Wearing a royal ceremonial military uniform, Albert blinked back tears after kneeling to receive a blessing at the end of the Mass, which was led by the archbishop of Monaco, Monsignor Bernard Barsi. His sisters, Caroline and Stephanie, sat beside him and cried. “By rising to the Grimaldi throne, Prince Albert finds his place in the continuity of this dynasty and with the help of God, carries forward the destiny of the principality dating more than seven centuries,” Barsi said between strains of organ music and Handel’s “Messiah.” “It’s very moving,” Stephanie told TF1 television. “I was thinking above all of my brother and what this represents for him, for our country.” “It’s a new beginning for all of us in the family,” she said. After the religious ceremony, Albert presided for the first time over Monaco’s national day military review outside the royal palace. Standing at attention, Albert was presented with a royal standard – or banner – bearing his emblem, while Rainier’s standard was presented to the royal guard one last time and marched inside the palace gates. Rainier was credited with transforming the principality from a sleepy seaside resort into a center of finance and tourism. It was Rainier’s 1956 wedding to the Oscar-winning Kelly that endowed tiny Monaco with its glamorous image. The principality is smaller than New York’s Central Park. Albert, long secretive about his personal life, has spoken openly about having fathered a child out of wedlock with a former flight attendant from Togo – a mini-scandal that first surfaced on the cover of a French magazine shortly after his father’s death. The child will never take the throne and will not bear the Grimaldi name. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Half-time: Brentford 0 Derby County 0

first_imgBrentford goalkeeper David Button made four key saves in the first half to keep his team level going into the break.Derby were on top in the first 15 minutes and Button had to make a double save to deny Jeff Hendrick after the midfielder had broken into the penalty area.Button also blocked a Darren Bent shot while Bradley Johnson sent a long-range effort just over the crossbar.Brentford took a little while to settle into their 4-1-4-1 formation but did eventually generate enough pressure to force a succession of three corners.The last one found its way to Alan Judge on the edge of the box and his curling effort was well held by diving Derby keeper Scott Carson.Jack OConnell – back in the Bees side for the suspended Yoann Barbet – sent a thumping header just beyond the far post from a Judge free-kick.But Derby continued to carry the greatest threat, with Button again bailing out his defence by blocking from Johnny Russell.Brentford: Button; Colin, Dean, O’Connell, Bidwell; Yennaris; Kerschbaumer, Judge, McEachran,Woods; Vibe.Subs: Bonham, Clarke, Saunders, Swift, Canos, Hofmann, Djuricin.Derby: Carson; Christie, Keogh, Shackell, Olsson; Hanson, Hendrick, Butterfield; Russell, Bent, Johnson.Subs: Grant, Bryson, Buxton, Martin, Camara, Blackman, Ince.Follow West London Sport on TwitterFind us on Facebooklast_img read more

The lowdown on farm loan waivers

first_imgWhat is it?Farm loan waivers are not new to the Indian economy. In 2008-09, the UPA-I government announced a farm loan waiver of ₹60,000 crore (that was the initial estimate, which went up to over ₹70,000 crore later). It hit the exchequer, and not the banks, but it distorted the credit culture since it discouraged farmers from paying up their dues. In addition, when one State offered a waiver, it raised expectations in other States too. Since the BJP took office in May 2014, starting with Andhra Pradesh, several States have joined the farm loan waiver bandwagon, with Uttar Pradesh and Maharashtra being the most recent ones, despite Union Finance Minister Arun Jaitley’s stand that the States would have to foot the bill.Mr. Jaitley had shown resolve to maintain fiscal discipline during his budget speech earlier this year, which was lauded by industry and investors. Hence, he told the States that the Centre would not pay for the waiver. On the other hand, the Reserve Bank of India (RBI) warned about the deteriorating fiscal position of the States. “We need to create consensus so that such loan waiver promises are eschewed. Otherwise, sub-sovereign fiscal challenges in this context could eventually affect the national balance sheet,” RBI Governor Urjit Patel said. He pointed out that if on account of loan waivers, the overall government borrowing went up, yields on government bonds would also be impacted. In a cascading effect, this would crowd out private borrowers as higher government borrowing could lead to an increase in the cost of borrowing for others.How did it come about?Two successive years of below normal rainfall, in FY14 and FY15, are being seen as the main reason for the loan waiver demand. But the recent farmers’ unrest in Madhya Pradesh took place despite a good monsoon that resulted in a bumper crop. However, the prices of farm produce came under pressure because of demonetisation as there were ‘fire sales’ of vegetables — a fact which was acknowledged by the RBI. The sharp decline in food prices in the consumer price index-based inflation was evident. Retail inflation dropped to 2.18% in May as the decline in the prices of food and beverages was sharper in May than April (-0.22% in May against 1.21% in April).Why does it matter?The loan waiver will have a significant impact on the States’ finances. According to a report by the State Bank of India, the impact on Punjab will be the maximum, with the State’s fiscal deficit jumping by an additional 4.8% of the GSDP. The report says that the States will make provisions for farm loan waiver in their budgets in multiple years. In its recent report on the States’ finances, the RBI also pointed to the worsening position of their financial health. It noted that the consolidated finance of the States had deteriorated in recent years, with the gross fiscal deficit to GDP ratio averaging 2.5% in the last five years (from 2011-12 to 2015-16), compared with 2.1% during the previous five-year period.The RBI observed that the State governments faced severe resource constraints as their non-debt receipts were often insufficient for fulfilling their development obligations. There is one positive aspect of the current loan waiver schemes, as highlighted by some economists: the schemes announced in several States have emphasised that loans should be waived only up to a specified threshold limit (mostly ₹1 lakh), and any amount over that will have to be paid.What next?More such schemes will possibly follow as the States going to the polls have started upping the ante for a farm loan waiver. There are protests in several parts of Gujarat demanding a waiver. The State will go to the polls later this year.Bankers have been concerned about this. As SBI Chairman Arundhati Bhattacharya put it: “In case of a farm loan waiver, there is always a fall in credit discipline because the people who get the waiver have expectations of future waivers. Future loans given often remain unpaid.”last_img read more

Star Sports Greyhound Derby JONATHAN HOBBS

first_imgJONATHAN HOBBS: We are at a rainy Towcester with At The Races Greyhound expert Jonathan Hobbs where he talks about his love of greyhound racing, his background, why he loves the sport so much, what can be done to promote greyhound racing and the future of the sport.<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>last_img read more