He claimed the explosions were part of the Air Force’s tradition and that the resulting rumble was simply a “sound effect” of the ceremony.“[…] the rumbling was only a sound effect; it was not destructive,” Rizwar said on Monday as quoted by kompas.com.Previously, social media users in Jakarta reported hearing two loud rumbles of unknown origin on Sunday evening. Some claimed that the sound – described as resembling distant thunder – was significant enough to have rattled objects in their homes.Prior to the Air Force’s statement, the Meteorology, Climatology and Geophysics Agency (BMKG) assumed that the sound was likely produced by thunder over Mount Salak in Bogor, West Java.“The result of the BMKG’s inspection using lightning detectors shows a number of lightning-related activities around Mount Salak between 7 p.m. and 9 p.m.,” BMKG tsunami and earthquake mitigation head Daryono told kompas.com on Sunday.He said the noise was not produced by seismic activity, adding that it was possible that similar sounds would be heard in the future. (rfa)Topics : In a strange turn of events, the Indonesian Air Force has said the rumbling noises that rattled Jakarta over the weekend originated from a ceremony held at Halim Perdanakusuma Air Base in East Jakarta.Air Force spokesperson First Marshal Fajar Adriyanto said the event, which was held to welcome new recruits, featured a series of ceremonial gestures, including the ignition of the highly-explosive substance trinitrotoluene (TNT).Halim Perdanakusuma Air Base base spokesperson Maj. Rizwar confirmed that TNT had indeed been exploded twice on the site at 7:30 p.m. on Sunday evening and at 5 a.m. on Monday morning.
Valuing pension fund liabilities based on index-linked gilt yields is useful as an accounting device. It is a mathematical exercise based on two assumptions: Firstly, that a government-backed risk-free yield is the correct rate to discount future liabilities. Secondly, there is an implicit assumption that all pension funds can match liabilities exactly using the index-linked gilt market. What the valuation is not is an economic truth.The second assumption is patently not true given that the size of the pension fund liabilities is four times that of the total index-linked market: The size of the UK index-linked gilt market is around £400bn (€452bn) while the UK’s defined benefit pension schemes have a combined liability of around £1.6trn.Therefore the idea that the methodology for providing an accounting valuation of pension fund liabilities should be the basis for the strategy used to manage them cannot be sensible either. It is impossible for all pension funds to be able to acquire enough index-linked gilts to be able to do so. The reason why index-linked real yields are negative is because of demand from schemes under pressure to match estimated liabilities with expensive bonds with exact cashflows, irrespective of the price. The strategy suffers from, as the actuary in the sheep joke, the lack of incorporation of error margins.The ‘present value’ calculation of liabilities incorporates a number of estimates, each of which has its own error margin. As any physicist knows, these error margins need to be published along with the measurement itself. If error margins in liabilities are large, then adopting an approach of approximate matching using asset classes such as equities and other assets aimed at producing high long-term absolute returns with given levels of risk may be more sensible than investing in bonds with precise cashflows to match liabilities with much more imprecise cashflows.Investors may be better off (even in an LDI context) with approximate matches that are cheap, rather than purchasing expensive and precisely tailored cashflows via sovereign debt to match liability streams that are themselves only imperfectly defined.The idea that LDI is purely a risk management problem needs to take this into account. The controversies over schemes such as the Universities Superannuation Scheme can then be understood as at least partly arising from a collision between an accounting methodology designed for book-keeping and economic realities.Sometimes measurements can be misleading. Focusing on solutions based on flawed measurements is bit like the story of the actuary found on his knees searching round a lamp post in the middle of the night. When asked by a passer-by what he was doing, he replied that he was searching for his phone which he had dropped in the fields opposite. When asked why he was therefore looking under the lamp post, he replied: “Because there is more light here.”If analysis and management of financial issues requires a rigorous scientific approach, then understanding the flaws, assumption failures and error margins in measurements is a pre-requisite. Otherwise, you may be scrambling around where there appears to be light, but you won’t find what you are looking for. ‘You can only manage what you can measure’ is a fundamental plank of any management approach – but if too much credence is given to the measurements themselves without understanding their limitations, it can create chaos.One of the more revealing actuarial jokes I have heard (told to me by an actuary), was the story of an actuary standing next to a farmer who was surveying the sheep grazing in his fields. “How many sheep do you think I have?” asked the farmer. The actuary, after a few moments’ thought, answered: “1,007.” The farmer looked astonished and asked the actuary how on earth he was able to get a precise answer so quickly. To which the actuary answered: “It was quite simple, you must have around 1,000 in that field in the distance, and you have seven sheep in the field next to us, so adding them together gives a thousand and seven.”That type of thinking perhaps underlies many of the issues relating to liability-driven investment (LDI) and the concept of matching estimated long-term liabilities with expensive risk-free bonds.
Interstate buyers flock to Queensland for life in the sun Yet the Pietrobon family, Fran, Vic and their two children in their early twenties, have lived in the house for almost a decade.Its everlasting appeal is mostly down to Fran, who designed the home with the help of an architect after the family bought the corner block in 2010.“It wasn’t easy but the architect was great, and allowed me to go back and forth and make so many changes,” Fran said. One of the living rooms has a bespoke stone feature wall.“Generally I knew what I wanted but it took 12 months to finish. I don’t think there is anything I would change. I have loved this house.”One of the rooms on which Fran was not prepared to compromise was the kitchen, or rather, kitchens.There are two — one indoors, one outdoors. Both are topped with hard-wearing quartzite benchtops; the main island alone is made up of nine tonnes of quartz that had to be craned in. The kitchen island is made up of nine tonnes of quartzite.Being from an Italian background, Fran said she loved to cook and the kitchen was where she and the family spent most of their time. “A lot of tomatoes have been chopped on that island bench,” Fran laughed.There is also a large butler’s pantry, hot and cold zip tap, integrated fridge, and suite of Smeg appliances including two ovens, a microwave, steamer and induction cooktop. The back deck offers fabulous views of the city.Elsewhere in the home are a number of living spaces including a pool room, cinema room, study, store rooms and an outdoor patio leading to the family’s infinity pool.Ascend the central staircase and you will find the master bedroom, with a generous walk-in wardrobe and ensuite, and an additional three bedrooms. From this level you can also capture spectacular views of the city and sunsets across the rooftops of neighbouring houses.One thing that is definitely not lacking throughout this home is storage; Fran made certain of that. The house has two kitchens, one indoor, one outdoor, as the owner loves to cook.More from newsParks and wildlife the new lust-haves post coronavirus8 hours agoNoosa’s best beachfront penthouse is about to hit the market8 hours ago“There is storage galore. I put cupboards in every nook and cranny. For me a house has to be practical. It has to look pretty, but it also has to be usable,” Fran said. “The down side of that it the joinery bill is through the roof,” she laughed.The house has four garages, two on the ground level and two on the middle level. For the family of four it has proved a spacious home, but its sheer size is part of the reason why the Pietrobons are now selling. The home’s cinema room is one of several living spaces.“It’s a very comfortable home and took a lot of time to get right,” Fran said, “but there is also a lot of cleaning and we just don’t have time for that anymore.”I suspect it’s Fran’s fastidiousness that has kept the house in pristine condition all these years.“It is well maintained. For an eight-year-old home it does look almost like new,” she said.Cleaning gripes aside, will Fran miss the home she has put so much work into?“On the one hand I think I will be a bit sad, but on the other hand I won’t. I love the position and I love the house, it’s just too big for us now and I want to reclaim my weekends.”The house is open for inspection today at 10am. 9 Spa Street, Holland Park West, is a large family home on a corner block.Anyone looking through the family home at 9 Spa Street Holland Park West would be forgiven for thinking it had not long been built.It has a modern layout, generous accommodation (six bedrooms, including a self-contained apartment on the lower-ground floor, very COVID-19), and is in immaculate condition.MORE NEWS Susie O’Neill lists her riverfront home Clive Palmer: what he is up to in his home surburb Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:56Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:56 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. 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The City of Minot, North Dakota, officially broke ground on the Souris Valley flood protection project yesterday.John Hoeven, Senator for North Dakota, Lt. Gov. Brent Sanford and Col. Sam Calkins with the U.S. Army Corps of Engineers joined local leaders to celebrate groundbreaking on the first three phases of flood protection that will cost almost $100 million.“This flood protection is vital to the well-being of families and businesses in the Minot area,” said Senator John Hoeven.“It takes tremendous dedication to move large infrastructure projects like this forward. We deeply appreciate everyone who has helped achieve this milestone, and we’ll continue working to support the construction of comprehensive flood protection for the entire Souris River Valley.”Senator Hoeven had worked with USACE since last July to resolve a delay in getting a federal review completed by USACE, which finally occurred in December. The completion enabled the Souris River Joint Board to award contracts for constructing flood control infrastructure.Earlier this week, the city started clearing trees along the river, in advance of a long summer of construction.[mappress mapid=”25008″]
Sharing is caring! Tweet Canadian agencies shut off internet access after discovering the security breach.Canadian government servers have been struck by a cyber-attack reportedly traced to China-based computer servers.Hackers gained access to secret government data, the CBC reported, and forced the finance department and Treasury Board to cut internet access.The attack was first discovered by cyber-security agents in January. Beijing on Thursday denied involvement.CBC cited Canadian officials saying it was unclear if the attack originated in China or was routed through there.“The allegation that the Chinese government supports internet hacking is groundless,” Chinese foreign ministry spokesman Ma Zhaoxu told reporters.The Canadian Treasury Board said in a statement it had detected an “unauthorized attempt to access its networks”.“There are no indications that any data relating to Canadians was compromised,” a spokesman for Treasury Board minister Stockwell Day told Reuters news agency.The CBC reported that internet access at the two agencies was shut off after the breach was discovered, in an effort to stop the hackers from pilfering data.The CBC also said the hackers gained control of senior government officials’ computers in an effort to steal passwords that unlock government data systems.The hackers also reportedly targeted Defence Research and Development Canada, a civilian agency of the national defence department. BBC News Share News Cyber-attack hits Canadian government computers by: – February 17, 2011 12 Views no discussions Share Share
Seattle, WA – Local athletes compete and win at the 2018 Special Olympics USA Games. The games took place July 1 – 6 in Seattle, Washington. Team Indiana consisted of seventy-eight individuals, including four athletes from Special Olympics Indiana – Ripley Ohio Dearborn Counties; David Paul, Charlie Wilson, Alex Kiefer and Unified Partner, Abby Kieffer. A crowd of more than 50,000 spectators cheered on the nearly 3,500 athletes who traveled from around the country to take part in the games.Charlie Wilson, 21, of Aurora competed in Swimming during the six-day event. Wilson captured two gold medals in the 200M Freestyle, the first gold medal for Team Indiana, and the 100M Breaststroke. Wilson also received a seventh place ribbon in the 100M High Performance Individual Medley.Alex Kieffer, 16, and his Unified Partner, Abby Kieffer, 14, both of Versailles competed in Bowling. The duo brought home two gold medals in the Unified Team Bowling event, competing with other Team Indiana athletes, and in the Unified Doubles competition. Individually, Alex brought home a silver medal in Traditional Bowling Singles. “My eyes filled with tears of joy when I saw Alex and Abby receive their medals,” said their mother, Jessi Kieffer. “Words cannot express how thankful their father and I are for this opportunity. Special Olympics has shown Alex acceptance. He has grown socially, made lots of friends and he feels like he fits in. He is accepted for who he is. Special Olympics actually does that for the entire family; being a parent or a sibling of a special needs individual is challenging. With Special Olympics we are not alone.”David Paul, 26, of Versailles competed in Powerlifting. Paul captured a bronze in his bench press and was awarded fifth place in squat, deadlift, and in an overall combination score. “David’s transformation from being mostly wheelchair bound five years ago to competing in Powerlifting is stunning,” said his dad, Tim Paul. “He is never one to turn down a challenge. He’s incredible.”Team Indiana was welcomed home by fans at the Indianapolis International Airport. The final medal count for Team Indiana was: Gold 17, Silver 13, Bronze 12, Fourth 8, Fifth 6, Sixth 5, Seventh 1, Eighth 2, and one participation ribbon.The four qualified for Team Indiana by first being nominated by their local Special Olympics program and then by competing and winning a gold medal in their respective sport during the 2017 Special Olympics Indiana Summer Games in Terre Haute, Indiana.Founded in 1968 by Eunice Kennedy Shriver, Special Olympics has grown from a backyard event into a global movement comprised of year-round sports training and athletic competitions with the ultimate goal of building a more inclusive and accepting world. In addition to showcasing the awe-inspiring abilities of thousands of athletes with intellectualdisabilities, the 2018 USA Games in Seattle modeled the ideals of inclusion and celebrated the 50th anniversary of the Special Olympics movement. The games also served as a catalyst for Seattle’s City of Inclusion initiative and showcased the work Seattle area businesses and organizations are doing to create a community where people with intellectual disabilities aremeaningfully and fully welcome and valued.The games included competition for 14 sports in the best sports facilities in the greater Seattle region including the University of Washington, Seattle University, Seattle Pacific University, King County Aquatic Center, Willows Run Golf Club, Celebration Park, Angle Lake and Kenmore Lanes. The USA Games are held every four years. The last were held in Princeton, New Jersey in June of 2014; where the local Special Olympics Indiana program was represented by three athletes.The 2018 USA Games also highlighted Special Olympics’ work in sport, education, health and community-building. Each member of Team Indiana was awarded with a pair of Brooks gym shoes by Dr. Tim Shriver, Special Olympics Chairman, for winning the USA Games’ Step Challenge.
RelatedPosts Veteran Nollywood actress, collapses inside car, dies Pete Edochie’s explanation for acting in ‘Fatal Arrogance’ absurd – IMN spokesman Veteran Nollywood actor Kanayo O. Kanayo, turns lawyer Lauretta Onye, an Achondroplasia Nollywood movie actress and sport star, says she has suspended her acting career because of the 2020 Paralympic Games. Onye told the News Agency of Nigeria on telephone on Thursday that that she would need time to train to feature in qualifiers toward the Games billed for September in Tokyo. She said: “I am having offer for acting, but my priority this year is the paralympics. “No matter the pressure, I am not going to accept any acting role. “As you know, I am not just a paralympian, but a medal star. “I need all the time.” Onye urged her movie fans to bear with her, saying it was important for her to represent Nigeria well at the Games and contribute to medal haul. The 34-year old actress, popularly known as Laury White, who starred in the movie: “Lord of Money,” said she was grateful to God for her small stature. She said: “I am a centre of attraction. “I thank God who created me specially in his image and likeness. “I pull attraction everywhere as people turn to look at me. “I am proud of myself and stature.” The F-40 2016 Paralympic World Record Holder said her target was to reclaim her title in the 2020 Tokyo Paralympic Games. Onye, who participated in the 2019 World Para-Athletics Grand Prix in Tunisia, noted that she won gold in javelin and silver in F-40 shot put and discus events. She added: “I was the WRH in F-40 shot put event in addition to other medals that I won, but another athlete has broken that record in subsequent world championships, which I didn’t participate. “I believe that this year’s paralympics will create an opportunity for me to reclaim that title. “That is the reason I am sacrificing my acting career and other things.”Tags: 2020 Paralympic GamesLauretta OnyeLaury WhiteNollywood
Odion Ighalo’s brace then consigned Liverpool to a fourth match without a win, leaving Bogdan offering an honest appraisal of his Premier League debut for the Anfield club. “I dropped the ball, of course,” Bogdan told Liverpool’s official club website. “There’s a mistake there. “After that I felt my hand was on the ball and I was going to bring it out. “Obviously he knocked it out of my hand – but we are talking about split-seconds. “Through the bodies of course it’s hard to see. “I’m not blaming anybody but myself to drop the first ball. “Watford were really good but we – and myself – gave them a head start.” Adam Bogdan feels he was fouled for Watford’s first goal in Liverpool’s 3-0 mauling at Vicarage Road – but still accepts full responsibility for gift-wrapping Nathan Ake’s strike. He added: “It’s not easy to recover after a goal like that in the first couple of minutes, it’s never going to be easy. “Of course it hit us and Watford managed to score another goal, which was another blow. “We tried to come back into the game and I think we gave everything, although I don’t think we played very well. But we tried.” Liverpool now have a worse Premier League record under new boss Klopp than predecessor Brendan Rodgers this season. Rodgers mustered three wins, three draws and two defeats in league action before he was ousted from the Anfield hotseat. Klopp has arrived keen to complete a quick-fire revival, but has been unable to open his tenure with consistency. The German’s league record now reads three wins, three draws and three defeats. “If I could explain this do you think we would have done it?” said Klopp, when asked to account for his side’s inconsistency. “But we’ll work on it. And that’s how the development sometimes works. “There’s no problem, you just have to react to the maximum and that’s what we have to work on. “The easy games everybody wins, the difficult games we have to win much more of than we have until now.” Stand-in goalkeeper Bogdan accepted he should have completed a regulation claim on the corner that instead led to Ake poking home for the hosts after just three minutes on Sunday. The 28-year-old suggests Ake had committed a foul in dislodging the ball from his clutches – an assertion backed by Reds manager Jurgen Klopp – but still conceded he should have dealt with the danger. Press Association
“The area around USC isn’t safe. It happens so frequently — and now in the middle of campus.”Donna Chiu Freshman · Communications “‘Why do we let random ass ghetto people on campus?’ I read [that question] on Facebook, and I’ve been crying all day. I don’t want to be on a campus where this type of stuff is said following an event where people could have died.”Margaret Winn Junior · Spanish “It was a surreal moment. This wasn’t even reality.”Peter Olah Freshman · Business Administration“I was really surprised it happened on campus. I was going to go to the party.”Kartini Dinh Freshman · Business Administration “We couldn’t be happier with USC. I think it’s a wonderful institution and it’s just an unfortunate situation that happened on campus. It’s not like they [USC] opened the door for this.”Therese DonoghueUSC Parent “People jumped to conclusions. They automatically assumed it was USC students. As unsafe as this area is, I couldn’t see something like this happening on campus.”Jayden Eick Senior · Business Administration “It was shocking. I found out about the shooting through Facebook. Networking was really important and it was the students’ job to get the word out. The University should have sent something out immediately.”Livia Soong Junior · Print Journalism “I’m an RA so it was concerning. For my department we wanted to make sure everyone was accounted for. We didn’t know who the victims were, but in the end people came together.”Jesse Zhao Junior · Biochemistry “We’re not panicking, but the department needs to take a closer look at their system.It comes down to running drills and having an immediate response team put together, and, in the weeks to come, I would like to hear from the department what they learned from this so we know they’re listening to our concerns.”John SchoffUSC Parent “What I want the community to clearly understand is that they should not have an overwhelming fear because statistically, you will have incidents. They are far fewer today than they have been in the past.”Bob GreenLAPD Commander “You would think that something like this wouldn’t happen on campus. There’s security here.”Cheryl Ikegami Sophomore · Health and Humanities
On Tuesday night, members of the Black Student Assembly, Diversity Affairs and the Undergraduate Student Government Senate presented the “Space for Students of Color” resolution, which aims to create a house or programming space that promotes well-being and success among black students at USC.Our place · Undergraduate Student Government Vice President Rini Sampath speaks at the USG meeting Tuesday in Ronald Tutor Campus Center. USG’s resolution would create programming and space for black students. – Ralf Cheung | Daily TrojanAma Amoafo-Yeboah, executive director of Program Board, expressed the need for a university-recognized, student-run cultural center for students of color on campus.“When you’re sitting in class all day and you’re the only black person, it’s important to feel as though you have a space to go back to … where people have had the same experience as you’ve had,” Amafo-Yeboah said.In a survey of 116 students conducted by USG, 36 percent of black USC students ranked “available social space” as the least satisfying component of their USC experience. “Sense of belonging” was second lowest. Studies suggest a direct correlation between these factors and students’ academic retention rates.Other universities, including Northwestern, Georgetown, and Stanford University already have social houses for black students. According to the resolution, the planned space would feature 24/7 programming capability and printing, as well as other resources that would contribute to “the success of all students on campus.”“Having this space won’t negatively affect anyone, it’ll only be a positive for those who currently feel uncomfortable,” Amafo-Yeboah said.Proponents hope that a house for students of color will make them more academically successful and spark a larger conversation about inequality on campus. While presenting the resolution, Amafo-Yeboah read a statement by a USC student.“Since I am a student of color, I am not welcomed with open arms into the university,” the anonymous student said in the statement.Skylar Dunn, co-director of Diversity Affairs, echoed this sentiment. Dunn, who co-authored the resolution, became involved with the project at the request of Amafo-Yeboah.“I really wanted to make a specific change before I graduate,” Dunn said.Dunn said he frequently encounters negative assumptions about black students at USC. Among them: that black students are “athletes,” or otherwise different from the rest of the student body.“It’s one thing to tell people, ‘I go to the University of Southern California,’ and its another thing to feel like you’re a part of it,” Dunn said.USG Vice President Rini Sampath decided to co-author the project after conversations with students of color on campus opened her eyes to the issue.“I always knew there were issues on campus, but I never realized the degree to which it impacted students on an individual basis,” Sampath said.Sampath pointed out that the lack of a social space for black students is at odds with the university’s mission to welcome students of “every race, creed and background.”Levi Powell, co-director of Diversity Affairs, agreed with Sampath, saying the resolution affects every member of the student body.“We don’t want this issue to be a reflection of people in this room, but more so a reflection of all of the minds at USC,” Powell said.The university has approved similar initiatives in the past, such as Somerville Place, an African American-themed dorm on the fifth floor of Fluor Tower. The dorm hosted meetings for African-American clubs on campus until increased security measures made the building inaccessible to non-residents. Powell called the measures “understandable,” but stressed the current lack of social space for black students on campus.“We’re not even talking about a space that’s ours 24/7, only a space that we can use for a few hours a week. And we don’t even have that,” Powell said.Authors of the resolution hope that “Space for Students of Color” will have a strong educational component. BSA Executive Director Casey Ellis emphasized the importance of “the home” in African-American culture and its correlation with general success.“Having our history on the wall as something we can show to prospective and current students is so important to our culture,” Ellis said.Amafo-Yeboah agreed, and said the house is open to all students who want to learn about black history.“It’s important to acknowledge the African diaspora, and educate other students who come into the space,” Amafo-Yeboah said.The authors of the resolution have met with USC professors and administrators to discuss the project. Notable alumni such as Dr. Michelle G. Turner, MBA, Ed.D, executive director of the Black Alumni Association, were also consulted about the project.Though proponents still have to raise funds for the space, they believe the right support will allow them to move the dialogue forward.“The money and space are small concerns compared to the support of the administration and student body,” Sampath said.Though they face many obstacles, proponents of the “Space for Students of Color” resolution believe that they are up to the challenge of solving them.“This is a stepping stone … It’s about opening up a conversation,” Sampath said.