The Bank of Japan expanded monetary stimulus on Monday and pledged to buy unlimited amount of bonds to keep borrowing costs low as the government tries to spend its way out of the deepening economic pain from the coronavirus pandemic.The move puts the BOJ in line with other major central banks that have unleashed unprecedented amounts of monetary support as the health crisis stokes fears of a deep global recession.The central bank also sharply cut its economic forecast and projected inflation would fall well short of its 2% target for three more years, suggesting its near-term focus will be to battle the crisis. The central bank said it would buy government bonds and short-term securities “actively” for the time being to keep markets stable as the government issues more bonds to pay for its huge stimulus package.”For the BOJ, the removal of the bond-buying target is like killing two birds with one stone,” as it can ramp up bond buying now and whittle it down later if it wants to end ultra-loose policy, said Toru Suehiro, senior market economist at Mizuho Securities.”With today’s move, the BOJ can stand pat on monetary policy for the time being void of a disruptive market move,” he said.At the meeting on Monday, cut short by a day as a precaution against the spread of the pandemic, the BOJ kept its interest rate targets unchanged, as had been widely expected.The central bank, however, offered to pay a 0.1% interest to financial institutions that tap its new loan program to combat the pandemic – a move aimed at encouraging commercial banks to boost lending to cash-strapped firms.BOJ Governor Haruhiko Kuroda will hold a news conference to explain the policy decision at 3:30 p.m. (0630 GMT).Under a policy dubbed yield curve control, the BOJ targets short-term interest rates at -0.1% and 10-year bond yields around 0%. It also buys government bonds and risky assets to pump money aggressively into the economy.Policy mix welcomed The BOJ’s rate review precedes those this week by the Federal Reserve and the European Central Bank, which have sailed into uncharted territories to keep their economies afloat.Corporate funding costs have crept up in Japan despite the BOJ’s decision last month to boost buying of risky assets, including corporate bonds and commercial debt, and create a loan program to assist funding of firms hit by the pandemic.Removing the guidance on its bond buying is largely a symbolic move. The BOJ has only purchased less than 20 trillion yen per year, as the bank’s huge presence in the market allows it to control yields with fewer purchases.Still, the government welcome the move as a sign the central bank would help keep borrowing costs low to pay for the huge cost of battling the pandemic. “Today’s decision would enhance the effect of a policy mix,” between the government and the central bank, Economy Minister Yasutoshi Nishimura told reporters after attending the BOJ’s meeting.Japan expanded a state of emergency this month that asks citizens to stay home and businesses to close, adding to woes for an economy already on the cusp of recession.To ease the pain on the economy, the government boosted its spending package last week to a record $1.1 trillion yen, which will be paid for partly by issuing more bonds – straining Japan’s already tattered finances. Topics : “Japan’s economy is likely to remain in a severe situation for the time being due to the impact from the spread of COVID-19 at home and abroad,” the central bank said in a statement.To ease corporate funding strains, the BOJ said, it will boost by three-fold the maximum amount of corporate bonds and commercial debt it buys to 20 trillion yen ($186 billion).The central bank also clarified its commitment to buy unlimited amounts of government bonds by scrapping loose guidance to buy them at an annual pace of 80 trillion yen.”The BOJ will purchase necessary amounts of government bonds without setting an upper limit” to keep long-term interest rates around its 0% target, the statement said.
Mary Louise Craig, age 89 of Osgood, Indiana passed away Friday afternoon, April 7, 2017 at Kentuckiana Medical Center in Clarksville, Indiana. She was born September 22, 1927 in San Bernardino, California to the late James Herbert and Mary Maybel Nunn Birdell. Mary moved to the Osgood area around 1989 to be near her daughter, Robin L. Reeves, where she remained living the rest of her life. You may have seen her on the streets of Osgood proudly driving her golf cart. She always had a smile on her face and loved saying hello to everyone! She was known for her style in dressing that was strikingly unconventional and was sometimes far-fetched in appearance! She had attended the Osgood Christian Church and the Senior Citizen Center where she enjoyed playing bingo. Survivors include her daughters, Robin L. (Tim) Reeves of Osgood, Mary Lea Bekkers of Leesburg, Florida and Joanna Padilla of Mesa, Arizona. Six grandchildren and thirteen great grandchildren also survive. She was preceded in death by her daughter Barbara Smith and two sisters Lois Heizer and Rosanna Hester.A short memorial service will be held next Sunday, April 16, 2017 at 12:15 p.m. at the Osgood Christian Church immediately following the regular church service.
MARSHALLTOWN, Iowa (June 7) – It’s been a few years since the last time he won an IMCA Late Model series race there, but Ray Guss Jr. put on a Deery Brothers Summer Series clinic Tuesday night at Marshalltown Speedway.Guss started outside Joel Callahan on the front row, took the lead on the second circuit and ran the rest of the 50-lapper without serious challenge.The $2,000 victory was the series career 31st for Guss, also the Deery winner at Marshalltown in 1989 and 2009. His latest checkers came ahead of Tyler Droste, Ryan Dolan, Callahan and Cayden Carter.“We were pretty decent in the heat race. We only made a few adjustments to make the car turn better,” said Guss. “Once we did that, it worked. We hit on something and hopefully it works that way again the next time.”Guss had already checked out when back-to-back yellows flew on lap 19 and he was quick to pull away from the pack when the race returned to green. Four lapped cars were running between Guss and Droste at the finish.“Droste and these other young bucks are hard to beat. I ran second to Tyler in the Tri-State Challenge at Dubuque (on May 29) and the car was close then,” Guss said. “Last Friday we tried some things at Davenport and went from ninth starting to a solid third in 25 laps that went non-stop. We were definitely on a rail tonight.”Guss piloted the Larry Eckrich and Precision Performance Flying 50 to the checkers in his first-ever visit to Marshalltown in 1989, while the 2009 win came during his first season driving for Hershel and Kenny Roberts.Greg Kastli won the Malvern Bank Non-Qualifier Dash for Cash and $300. Winner of the $250 Sunoco Race Fuels feature qualifier drawing was John Emerson.With five different winners in as many events, the 30th annual Deery Series is next at West Liberty Raceway for another $2,000 to win show on Tuesday, June 14.Joel Rust was the winner of the Hawkeye Dirt Tour feature for Xtreme Motor Sports IMCA Modifieds at Marshalltown. Damon Murty won the IMCA Sunoco Stock Car feature.Feature results – 1. Ray Guss Jr., Milan, Ill.; 2. Tyler Droste, Waterloo; 3. Ryan Dolan, Lisbon; 4. Joel Callahan, Dubuque; 5. Cayden Carter, Oskaloosa; 6. Denny Eckrich, Tiffin; 7. Joe Zrostlik, Long Grove; 8. John Emerson, Waterloo; 9. Andy Eckrich, Oxford; 10. Darrel DeFrance, Marshalltown; 11. Richie Gustin, Gilman; 12. Tyler Bruening, Decorah; 13. Curt Schroeder, Newton; 14. Jeff Aikey, Cedar Falls; 15. Matt Ryan, Davenport; 16. Chad Holladay, Muscatine; 17. Andy Nezworski, Buffalo; 18. Rob Toland, Davenport; 19. Eric Pollard, Peosta; 20. Gary Webb, Blue Grass; 21. Scott Fitzpatrick, Wheatland; 22. Jason Rauen, Farley; 23. Kyle Hinrichs, Swisher; 24. Curt Martin, Independence.1st heat (top three) – 1. Guss; 2. Holladay; 3. Droste; 4. DeFrance; 5. Gustin; 6. Bruening; 7. Todd Cooney, Des Moines; 8. Andy Eckrich; 9. Hinrichs.2nd heat – 1. Callahan; 2. Zrostlik; 3. Nezworski; 4. Fitzpatrick; 5. Emerson; 6. Greg Kastli, Waterloo; 7. Ryan; 8. Mark Hurst, Denver.3rd heat – 1. Webb; 2. Denny Eckrich; 3. Dolan; 4. Toland; 5. Ben Seemann, Waterloo; 6. Kip Siems, Cedar Falls; 7. Havlik; 8. Gabe Umbarger, Garner.4th heat – 1. Aikey; 2. Carter; 3. Martin; 4. Rauen; 5. Pollard; 6. Jason Hahne, Webster City; 7. Schroeder; 8. Charlie McKenna, Clear Lake.1st “B” feature (top four) – 1. Gustin; 2. Bruening; 3. DeFrance; 4. Andy Eckrich; 5. Seemann; 6. Siems; 7. Hinrichs; 8. Toland; 9. Cooney; 10. Umbarger.2nd “B” feature – 1. Fitzpatrick; 2. Emerson; 3. Ryan; 4. Rauen; 5. Kastli; 6. Emerson; 7. Hurst; 8. Hahne; 9. Schroeder; 10. McKenna.Dash for Cash – 1. Kastli; 2. Seemann; 3. Siems; 4. Hurst; 5. Havlik.
BUCKSPORT — A total of 137 runners flocked to Bucksport on Saturday for this year’s running of the Bucksport Bay Festival 5K at the town’s municipal swimming pool.The race was part of Bucksport’s second day of celebrations for the town’s 225th anniversary. Most of the competitors came from Bucksport, Orland and surrounding areas in Hancock County, but others came from as far away as Florida and Virginia.Jacob Volz of Orono won the race with a time of 17 minutes, 51 seconds. Below is a list of the race’s top-50 finishers.Jacob Volz, 17 minutes, 51 secondsJonathan Goupee, 18:14Erik Knickerbocker, 18:23Phil LeBreton, 18:31Matt Shea, 19:10Rob Shea, 19:14Hunter Umphrey, 19:32Bob Ciano, 19:45Karl Volz, 19:48Jim Hunt, 20:23John Mills, 20:28Unidentified runner, 20:32Greg Dean, 20:33Ben Sprague, 20:33Connor Archer, 20:37Aaron Hoovler, 20:57Joe Roberts, 21:02Ryan Mills, 21:08Jason Geroux, 21:13Ed Hughes, 21:33Willie Leach, 22:25Shane Martin, 22:26Tom Dowling, 22:35Clayton Doolan, 23:05Rob Loeffler, 23:08Deedra Dapice, 23:11Bret Hanson, 23:20Scott Heidemann, 23:24Heather Perkins, 23:28Bryce Carter, 23:30Richard Vorwerk, 23:40Sam Boyd, 23:57Ava Dowling, 24:01Sara Shea, 24:35Geoffrey Dapice, 24:45Adam Bohlen, 24:51Corey Carter, 25:08Hannah Rice, 25:37Meaghan Geroux, 25:38Tim Griffin, 25:43Ian Panuncialman, 26:00Sarah Robinson, 26:03Jen Freilino, 26:06Craig Boyd, 26:10Peter Knowles, 26:20Allie Cerkovitz, 26:25Grace Smith, 26:34Annette Hatch-Clein, 26:40Mike Ferree, 26:46Kathleen Garner, 26:47This is placeholder textThis is placeholder text
Ahmedabad: Sarita Gaekwad, daughter of a farm labourer who was part of the women’s 4X400 relay team which won a gold at Asiad, once used to run barefoot.ALSO READ: Asian Games 2018: Day 13 India full schedule, IST Timings and moreGaekwad hails from a remote village in the tribal-dominated Dang district of Gujarat.After the Indian relay team’s feat at Asian Games in Indonesia on Thursday, Chief Minister Vijay Rupani announced an award of Rs 1 crore for Gaekwad.As she is a former student of Veer Narmad South Gujarat University, its Vice-Chancellor Shivendra Gupta also announced an award of Rs 2 lakh for her.Gupta recalled that there was a time when she ran barefoot, not affording specialised shoes.”She comes from a poor family. In the beginning, when she was a student, she used to take part in local competitions without wearing shoes,” he said.Now, the varsity has decided to appoint her its brand ambassador, Gupta informed.Gaekwad’s parents live at village Karadi-Amba. Her father Laxmanbhai works as a farm labourer.Her journey as a professional athlete started when she took part in a 400 meters’ trial race organised by the Sports Authority of Gujarat (SAG) to find new talent in Gandhinagar in 2015.Also Read | NN Cricket Trivia: When Gary Sobers became first player to hit 6 sixesAjimon K S, her coach, said she caught his attention when she finished the run in a little over one minute.Ajimon, a former national coach, has been appointed by the Gujarat government as Expert Coach at a Nadiad-based academy run by the SAG.”She finished the 400-meter run in just 1 minute and 1 second. As she was from Dang, a tribal area, she could not even speak Hindi. I took help of a Gujarati coach and convinced her to join the Nadiad academy,” said Ajimon.But initially, Sarita was hesitant about devoting herself to the sports, he said.”She could not complete her graduation, but she was physically very fit. We trained her at the academy for one and a half years. During that period, she took part in some national-level games, and then she was selected for the national team,” he said.Ahead of the race yesterday, Sarita called him on his mobile phone to get some last-minute tips and motivation, he said.ALSO READ: Luka Modric not Cristiano Ronaldo wins UEFA’s Player of the YearAt her village, people burst firecrackers upon learning about the gold medal of women’s relay team.Local Congress MLA Mangal Gavit announced that he would give his one month’s salary to Sarita.Her father Laxmanbhai said he was immensely proud.”I do not have words to express my joy. She made this village and the entire country proud. She liked running since she was a child. Now the whole country knows my daughter,” he said. For all the Latest Sports News News, Asian Games News, Download News Nation Android and iOS Mobile Apps.
Facebook Twitter Google+ In its last two recruiting classes, the Syracuse coaching staff has stockpiled a deep pool of ultra-talented guards.With Cornelia Fondren, Brittney Sykes and Alexis Peterson — not to mention transfer Maggie Morrison and incoming recruit Danielle Minott — the SU backcourt is set for the next three years.Frontcourt recruiting has lagged behind though. Before relying on fifth-year senior Shakeya Leary this season, SU had four-year starter Kayla Alexander. Slowly, though, SU has started to bulk up its frontcourt. This year, the team brought in 6-foot-4 sisters Briana and Bria Day. After Syracuse’s win over Virginia on Sunday, head coach Quentin Hillsman praised the Days for contributing early in their Atlantic Coast Conference careers. The Day sisters are making strides as freshmen and, in flashes, are giving SU a look at its future frontcourt.“I thought it was very good for Briana Day to go and experience that, because she understands what she has to do to be a dominant player in this conference,” Hillsman said. “And she will be because she is an unbelievable player. And Bria’s going to be the same.AdvertisementThis is placeholder text“They’re really going to help us in the future.”While Syracuse has routinely used three and four guard lineups this season, Hillsman said Wednesday, he envisions future lineups with multiple post players. Hillsman talked about the potential the Days have playing on the floor together — something they didn’t do much of at Millbrook High School in Raleigh, N.C. While Briana has played with her back to the basket, she has the ability to play the stretch-4 position. Before the team’s game against Virginia, she routinely hit shots from beyond the free-throw line and even connected on a 3-pointer.“I think that it depends on the both of them,” Hillsman said. “Briana can grow more and get her confidence back and play on the perimeter, which she can do. Bria can get inside and start making post moves and making shots for us.”Bria Day has always lived in the shadow of her twin sister. She was born after Briana, and has played behind her in Syracuse’s rotation. While Briana ranked as the No. 15 forward and ranked No. 57 overall in the 2013 class by ESPN HoopGurlz, Bria was ranked as the No. 36 overall forward.But last Sunday against Pittsburgh — with Briana and starting center Leary in foul trouble — Bria came in and played 11 minutes and grabbed five rebounds.“I liked seeing her do her thing out there,” Briana Day said. “She was playing really well. If she deserves to play, she deserves to play, and that’s all I see.”Hillsman said Bria has been getting better over the course of the season. But there’s also no doubt her vocal encouragement is heard from the bench. “The hard part about her situation, right now, is kind of like Shakeya’s was a couple of years ago, sitting behind Kayla,” Hillsman said. “She’s sitting behind Shakeya and Briana. I think that as the season goes on and definitely into next year, she’s going to be a major part of what we do.”In a three-year span, the torch of the Syracuse center position will have been passed from Alexander to Leary and most likely to Briana Day. But since the twins’ careers will unfold simultaneously, Hillsman will have to utilize both 6-foot-4 centers.“Obviously we’re going to be together for a long time,” freshman point guard Alexis Peterson said. “So I think if we’re not going to be great now, we’ll definitely be great by our senior or junior year.” Comments Published on January 29, 2014 at 1:36 am Contact Josh: firstname.lastname@example.org
Tragedy. If you watch enough USC basketball, you know the full meaning of the word. Weeks ago, the Trojans blew a 15-point lead to lose to Stanford on a half-court heave at the buzzer. It was only Saturday when the Trojans blew a nine-point lead with under 10 minutes to go at UCLA. Surely, they would not relive their late-game unworkings on Thursday night at Arizona State. Right? Wrong. In the fashion of Trojan tragedy, the Men of Troy blew a seven-point lead with 2:30 to play. Arizona won 80-78, finishing the game on a 9-0 run.Senior guard Jordan McLaughlin was held to seven points in the Arizona State defeat. Tal Volk | Daily TrojanAs the Trojans (17-8, 8-4) flew to Tempe, Arizona, they knew that Thursday night’s game against the Arizona State Sun Devils would be crucial. Just one game behind the Arizona Wildcats for first place in the Pac-12, two wins this weekend would put them in sole possession of first place. Two losses could leave them in a tie for fifth. However, the Trojans sputtered out of the gate versus the Sun Devils (18-6, 6-6), scoring only nine points in the first 10 minutes. Uncharacteristically, guard Jordan McLaughlin turned the ball over three times in the opening minutes. Turnovers would plague USC throughout the game. They would commit 18, including two crucial ones in the final minutes.Nevertheless, ASU did not capitalize on USC’s early errors. The Sun Devils, who average nine 3-point field goals per game, made one of nine in the first half. Thus, USC actually took the lead into the locker room, 37-33. Forwards Nick Rakocevic and Bennie Boatwright each had 12 points at the half.In the second half, neither team broke free. Both started to shoot far better. In fact, it seemed as if ASU guard Shannon Evans could not miss. Actually, he had one crucial miss that will go unnoticed in history because he redeemed himself two possessions later. He finished with five 3-point field goals and 21 points, including the game-tying three with 49 seconds to play. He made it from way downtown.But, USC had answers, too. Nick Rakocevic continued to score. He finished with a team-high 19 points. Guard Jonah Mathews added eight off the bench, all in the second half. Mathews, an elite defender, fouled out with 4:32 to play. Perhaps, if he had been in the game, Shannon Evans would not have made his late dagger.Before Evans made that shot, though, the tide was turning toward the Sun Devils. After shrinking the lead to five with 2:06 to play, ASU Coach Bobby Hurley called a timeout. Out of the timeout, Boatwright literally scooped the ball to the other team while dribbling past half court. The turnover led to two wide open 3-point attempts for ASU’s best shooters — Evans and guard Tra Holder, who finished with a game-high 22 points. Both missed. Those misses, which should have nipped ASU’s momentum, ended up being inconsequential because Boatwright turned the ball over again. After grabbing the defensive rebound, Boatwright slid on the floor, traveling. ASU’s Kodi Justice made a 2-point shot on the ensuing possession. Then, USC failed to score, and the next time down the court, Evans tied the game.With 0:31 to play, USC forward Chimezie Metu missed a layup, effectively leaving ASU the final possession of the game. Hurley elected not to take a timeout, trusting Holder to run a play. Indeed, Holder scored with 1.9 seconds left.With no other option, USC head coach Andy Enfield called a timeout and drew up a baseball pass from Shaqquan Aaron on the baseline to Metu at the 3-point line. Metu bobbled the ball and volleyball punched it as time expired.Exhausted and exasperated, Metu turned his jersey inside out and pulled it over his face.That image encapsulates all of USC’s collective frustration. Last year, it was excusable for USC to blow late leads on the road in conference play. This year, it is not. The Trojans might be experienced, but at times, they lack savvy. Luck does not explain a pattern of blown leads late in games.The silver lining for the Trojans is that UCLA beat Arizona, meaning they can still take control of the conference by beating the Wildcats on Saturday (if UCLA also loses). That said, a loss would put the Trojans at 8-5 in conference play and, according to ESPN’s Joe Lunardi, back on the outside of the NCAA Tournament bubble, looking inward. After the UCLA loss, No. 13 Arizona carries a 19-6 record. They got off to an impressive start to conference play, but have now dropped two Pac-12 games in a row. Star players guard Allonzo Trier (19.9 point per game) and top NBA Draft prospect forward Deandre Ayton (19.7 point per game) will look to solidify the Wildcats’ conference lead on Saturday in Tucson.
In CyclingAfter back-to-back mountain stages it’s a return to flat terrain for peleton on today’s day 19 of the Tour de France. Defending champion Chris Froome has a commanding 23-second lead in the yellow jersey ahead of the 222-kilometre stage into Salon-de-Provence. Photo © Pixabay Ireland’s Dan Martin is in sixth place overall – almost three minutes behind Froome.
Losing a world title after just eight months is enough motivation to want to regain it almost immediately. For Ghana’s Isaac Dogboe, it meant activating a rematch clause in the contract, after losing his WBO super bantamweight title to Mexican Emmanuel Navarette back in December 2018.Although most pundits questioned the decision at the time, the Ghanaian and his team still went ahead to fight.The result? Another defeat, which was a much bigger blow to his reputation as a top boxer.However, the former champion has defended his decision to opt for the rematch and says he has no regrets whatsoever with taking that decision.“Let me tell you this. People will always say if. If I had lost or whatever. But what if I had won? You see the different picture?Sometimes it’s good to make educated guesses and things like that, but you also want to take the risks,” he told godfred.substack.com. “My whole philosophy has been to overcome adversity. So when someone puts you down, you want to go back and regain your place.“It didn’t happen the way we wanted and he got the better of me. In terms of the decision making, that was up to me and my team. I am a fighter and my job is to fight. “The business side of things is handled by other people but let me say this. I have no regrets. If I had won it would have been something different, but I make no excuses. I believe in taking risks and whatever comes out of that we embrace it”.Dogboe will make his return to the ring, for the first time since the Navarette defeat, against Chris Avalos on July 21.
Newsroom GuidelinesNews TipsContact UsReport an Error EL SEGUNDO — When the Lakers gathered this week for their first official meeting as a team, Luke Walton and the coaching staff stressed playing with a certain mentality. A Lakers mentality.“Basically,” Lonzo Ball said, “they said it starts with defense. Defensive grit. Challenge one another and then go on the court and make people fear you.”Defense? The Lakers are a team built on young offensive talents. Ball has been billed as a transcendent playmaker with shades of Magic Johnson, while Brandon Ingram is supposedly poised to take a leap into scoring stardom.On its face, “grit” is the antithesis of the “Showtime” brand the Lakers are trying to resurrect. But with the focus of a new season centered squarely on Ball and his ability to help attract a certain Eastern Conference immortal to L.A., it might be easy to forget how grueling and unglamorous incremental growth can actually be. Tuesday marked the first of three days of two-a-day practices. Walton said the evening session would focus on conditioning or, as he put it, “fun running.”In the offseason, the Lakers added shooting guard Kentavious Caldwell-Pope, who immediately became the best perimeter defender on a team desperate for help. The organization is hoping some of that will rub off on second-year forward Ingram, whose 7-foot wingspan gives him the appearance of a disruptive defender, if not yet the game to match.Ingram struggled defensively as a rookie, which he chalked up to still learning opposing players and their tendencies.“You’ve got to watch film on all these guys,” Ingram said, “and find out some of their weak spots or some of the things they don’t do well – and of course how to stop them in some ways.”Walton believes Ingram has the makings of a great defensive player.“It will happen during his career,” Walton said. “The guy covers six feet with every slide he takes. He’s low, he’s balanced and he wants it.”Even Ball, not hailed as a defensive difference-maker, seems to be buying in.“You can’t win without defense,” he said. “That’s proven. Got to come out here, got to get it done.”Walton has less time to implement some of his principles than he would have in past seasons. The Lakers have just four days of practice before Saturday’s preseason opener, opposed to seven last year.“I’ve already made the decision we’re just going to sacrifice some of what we would put in before our first game as opposed to try and get everything in,” Walton said. “There’s a list of things we want to get in before we play a game and we’re just not going to get to it all. We’re fine with that.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersThe Lakers have ranked in the bottom three in defensive efficiency for the past four seasons. Last year, the 110.6 points per game they allowed per 100 possessions were 30th in the league – the second straight year they ranked dead last in the category.Given that, there was really only one place for Walton and the Lakers to start with Tuesday’s practice.“Two hours of defense,” Ball said.The supersonic offense, with highlight-worthy lobs and a cloudburst of 3-pointers, comes later.“The focuses of today’s practice were individual defense first, team defense second, then transition defense and finishing rebounds,” Walton said. “You’ve got to end every possession by finishing it off.”