“So for me, protecting the freedom of the country is really something worth defending,” said Alexander, who despite completing basic training and JAG school, still downplays her accomplishments. “There are a lot of people who, in Vietnam, World War II, and Korea, actually risked their lives and redirected their careers for years, so what I’m doing is really nothing. If I can do something small compared to what they did, then I figure I have done my part.”Alexander said she also joined the reserves to set a positive example for her 8- and 4-year-old daughters. While both initially had problems understanding why mom was away at basic training, they did get a kick out of seeing MPs salute her when they came for a visit.At first, Alexander’s colleagues at Tripp Scott were nonplused when she came in one day and told them she had been offered a commission in the JAG Corps, but since the shock wore off, they have been extremely supportive.“I had to leave to do basic training and they could not have been better,” Alexander said. “Even my boss picked up and carried my caseload while I was gone.”“We are very proud of her,” said Ed Pozzuoli, Alexander’s boss at Tripp Scott. “She has taken the call for public service seriously and the firm has supported her effort and think it is quite a patriotic act.”Alexander said basic training was probably the hardest thing she ever did. While she was active in intramural sports while in college at the University of Chicago, the years, having children, and living life as a “sedentary lawyer” took their toll.“Getting up every morning at 4 a.m. so we could hit the field by 4:15 and start running in cadence, that was hard,” Alexander said, noting that she slowly did regain her athletic ability and passed the physical training requirements of the Reserves.Commissioned as first lieutenants, the JAG officers in training were not “yelled at” quite as much as the young enlisted soldiers, Alexander said, but the drill sergeants did impress upon her that the best thing an officer can do is rely upon their noncommissioned officers.“Even in the JAG Corps the NCOs are the ones who run the offices in terms of making sure all of our administrative needs are met and all the computers are up,” she said.Now assigned to the 174th Legal Support Organization, 1st Lt. Alexander works out of the reserve center in North Miami, which supports the 81st Readiness Support Command. One of the main battle groups it serves is the Third Infantry Division, headquartered in Georgia, which spearheaded the advance into Baghdad and is now deployed in and around the Iraqi capital.Before the Third ID was sent overseas, members of Alexander’s unit assisted the soldiers by taking care of their legal needs, such as helping them put their wills in order, establishing family trusts, and drafting powers of attorney “to make it easy as possible for their families back home.”When “our boys” in the Third Infantry Division come home, Alexander and her colleagues will help them reintegrate back into U.S. society.Alexander said the JAG Corps Reserves are not made up of just lawyers, but also paralegals, clerks, and administrative support personnel.“It’s basically a law firm except twice a year you can find us lying in the dirt firing M-16s together,” she said.Alexander said she does not regret for a second her decision to join the military and said, “Everybody who has been given things in their life has an obligation to look at that and do what they can to give back.” Ft. Lauderdale lawyer joins the JAG Corps Mark D. Killian Managing EditorIt’s not every 39-year-old mother of two who starts her day with a run at 4:15 in the morning.But that’s only part of what it took for Ft. Lauderdale attorney Stephanie Alexander to fulfill her desire to become an officer in the U.S. Army Reserve’s JAG Corps.Deeply moved by the events of September 11, Alexander, a healthcare lawyer with Tripp Scott, wanted to do her part to help defend the nation she says has provided her with so many opportunities.“I happen to be a lawyer, so that was the skill I could bring to the table in terms of helping in any way I could,” said Alexander, a member of the Bar since 1989, who also is an adjunct professor at Nova Southeastern University’s law school.Alexander’s strong sense of duty and patriotism comes from the personal success she has achieved despite her humble and often troubled beginnings. Born to an unwed, teenage mother with little education and a teen father who bounced in and out of prison, Alexander credits much of her motivation to teachers who pushed her to achieve her goal of becoming a lawyer.To Alexander, the 2001 terrorist attacks threatened the freedoms and opportunities the United States provided her and others willing to work to achieve their goals. August 15, 2003 Managing Editor Regular News Ft. Lauderdale lawyer joins the JAG Corps
Mark Glatt8815181217%$679,282 ZETCHER EYES DERBY PRIZE WITH FIRING LINEMany components drive racing, among the most important, the owners, who seldomreceive as much recognition as the horses, jockeys and trainers, but nevertheless, are an integral part of the game.After all, they pay the freight.Arnold Zetcher has enjoyed a good run as an owner and breeder, but like others in that category, still has designs on the game’s grandest prize, the Kentucky Derby. He hopes to fill that void come May 2 when his Firing Line goes in the 141st Run for the Roses.Trained by Simon Callaghan and ridden by three-time Derby winner Gary Stevens, Firing Line worked five furlongs at Santa Anita last Saturday in 59.20. Callaghan plans to work the colt again tomorrow and ship him to Kentucky on April 26.“He looked real good,” Zetcher said of the front-running winner of the Sunland Derby by 14 ¼ lengths. “He did it easy, he went in 59 and change and galloped out (six furlongs) in 1:12. It was exactly the time we were hoping for. Gary liked the way he did it, too.“We’ve run two horses in the Derby, Midnight Interlude, after he won the (2011) Santa Anita Derby; he didn’t do well, and then Liaison, who came in sixth (in 2012). I think Firing Line could be our best opportunity.“He had six weeks between the Robert Lewis (Feb. 7) and the Sunland Derby (March 22) and he’ll have six weeks until the Derby. That was the plan all along.“We thought the timing was right. There are good 3-year-olds this year. Dortmund and American Pharoah from here, and Carpe Diem and Frosted from back east.“The competition is stiff, but it’s exciting.” FRENCH ALIVE AND WELL AFTER SEVEN-MONTH ABSENCE Neil French has been at death’s door and is alive to tell the tale.The 62-year-old trainer suffered a fractured left hip in a spill at his barn last September, had surgery on it, then in an unrelated procedure, had non-cancerous colon surgery. He was on life support for seven days at Arcadia Methodist Hospital, which at one point called his mother, Loretta, asking her permission to take him off.She said no.For four months, French was never out of bed once.On Friday, French was back at Santa Anita, feeling fresh, fit and friendly even though he was getting around on a top of the line medical scooter that seemed to have everything on it but white wall tires.“I’m feeling great and doing a lot of therapy,” said French, a trainer since 1976 who won the 1992 Wells Fargo California Cup Classic with June’s Reward. “I can walk some with a walker and I’ve lost about 70 pounds. I weighed around 265, 270 before the accident, but now I’m at 200.“I’m down to one horse, but I feel good about the future. I’m lucky to be alive.”Trainer Alfredo Marquez is but one member of the race track community who has come to French’s aid.“They got rid of all his equipment, and I gave him some webbing and a stall for his horse,” Marquez said. “We met at Caliente when we were 10 or 12 years old, so we’ve known each other 50 years. I’m so happy to see him back.“He was supposed to be dead by now.” Mike Puype11215171513%$658,346 J. Eric Kruljac6287913%$379,140 Ron Ellis651551023%$605,440 Flavien Prat16318192111%$1,010,914 SANTA ANITA STATISTICS (Current Through Thursday, April 16) Richard Baltas851716720%$760,585 Steven Miyadi46106622%$338,670 Jerry Hollendorfer17832222718%$3,380,538 FINISH LINES: Corey Nakatani has been given the green light by Dr. James Tibone and will resume riding at Santa Anita next Friday, according to his agent, Tony Matos. Nakatani, 44, nominated to the Hall of Fame this year, suffered a fractured left collar bone when his mount clipped heals in a race on March 15 . . . The race for leading trainer could go down to the wire. With three days remaining in the Winter Meet, Jerry Hollendorfer holds a 32-31 lead over Peter Miller. Hollendorfer has had 178 starters, Miller 170, and each is winning at an 18 percent clip . . . Bolo, bound for the Kentucky Derby, worked five furlongs for Carla Gaines Friday morning in 1:00.20, while Santa Anita Oaks winner Stellar Wind, ticketed for the Kentucky Oaks on May 1, went five furlongs for John Sadler in 1:01 under regular rider Victor Espinoza. Gaines was pleased with the work and said Bolo would leave Santa Anita for Kentucky on April 26 . . . Espinoza’s agent, Brian Beach, will be Tom Quigley‘s guest handicapper Saturday in the East Paddock Gardens, while TVG host/analyst Mike Joyce will do the honors Sunday, each day at 11:20 a.m. . . . Payoff bonanza? Santa Anita will offer mandatory payouts for the Pick 5 and the Pick 6 on Sunday, closing day of the Winter Meet . . . The dates for two monthly meetings of the California Horse Racing Board have been changed. The meeting scheduled May 14 has been changed to May 21 at Santa Anita. The meeting scheduled June 18 has been changed to June 25 at Los Alamitos Race Course. Felipe Valdez10514121613%$448,317 Mike Smith11522221719%$2,547,221 Elvis Trujillo24527362611%$1,580,598 JockeyMts1st2nd3rdWin%Money Won Santiago Gonzalez15120182113%$906,504 Brice Blanc6673611%$354,268 Martin Pedroza18618272610%$793,244 Corey Nakatani11419111617%$933,348 TALAMO, SWEET SWAP SEEK SAN SIMEON REPEAT SUNDAYJoe Talamo and Sweet Swap will be out for back-to-back wins in Sunday’s Grade III, $100,000 San Simeon Stakes for older horses at about 6 ½ furlongs on turf.They led virtually throughout to win last year by a half-length as the 9-5 favorite for John Sadler and Hronis racing LLC.“He’s run a bunch down the hill (12 times with five wins), so you’ve got to love that,” Talamo said. “He drew well, all the way on the outside, which is great down the hill. I know he’s got speed, but he’s a horse that can sit right off the pace, too.”A 6-year-old Candy Ride horse, Sweet Swap has seven wins from 17 career starts with earnings of $390,529.The San Simeon: Get Happy Mister, Tyler Baze, 8-1 Home Run Kitten, Gary Stevens, 5-2; Joes Blazing Aaron, Edwin Maldonado, 20-1; Outside Nashville, Drayden Van Dyke, 15-1; supplemental nominee Holy Lute, Mike Smith, 3-1; Pure Tactics, Kent Desormeaux, 7-2; U S Citizen, Victor Espinoza, 6-1; and Sweet Swap, Joe Talamo, 3-1. Michael Pender5589615%$222,200 TrainerSts1st2nd3rdWin%Money Won Gary Stevens10618151917%$1,615,048 John Sadler14523201916%$1,536,950 Tiago Pereira13418111513%$526,612 Kent Desormeaux21534392816%$2,110,700 Rafael Bejarano30974494324%$3,667,608 Tyler Baze34154443616%$2,886,038 Richard Mandella7317101323%$1,031,476 Joseph Talamo25627274311%$1,876,778 James Cassidy771081313%$444,620 Peter Eurton9315131616%$886,956 Mario Gutierrez1181116129%$595,782 Victor Espinoza19337352919%$2,541,346 OWNER ZETCHER HOPES TO HAVE HIS DAY IN DERBY SUNNEW ZEALANDER SEEKS FIRST U.S. WIN IN SANTA BARBARATRAINER NEIL FRENCH IS BACK AND ‘LUCKY TO BE ALIVE’HOT-RIDING TYLER BAZE ON A ROLL AS MEET NEARS END Peter Miller17031292218%$1,520,886 ‘EVERYTHING’S JUST CLICKING’ FOR TYLER BAZE It’s mathematically impossible for Tyler Baze to catch Rafael Bejarano for the riding title, but that hasn’t stopped Baze from trying.With three racing days left in Santa Anita’s 68-day Winter Meet, the 32-year-old Seattle native had 54 wins, 20 behind Bejarano, but had won on 15 of his last 34 mounts, including four yesterday and four last Saturday, not to mention three on Sunday. Since last Thursday, Baze has won 14 races in five days.“It feels great,” Baze said. “Craig’s doing great, we’re working hard together, we’re working a lot of horses, and everything’s just clicking.” Baze was referring to his agent, Craig O’Bryan, who also represents Gary Stevens.“My confidence is strong now,” Baze said. “When horses are running for you and you’re winning races, I think you ride with a lot more confidence. I thought I could win five yesterday; I won four. It’s been an unbelievable week.“About a week and a half ago, I told Craig, ‘This is going to be our week,’ and it really was. I won one race last Thursday, two Friday, four Saturday, three Sunday and four yesterday.”And it hasn’t been for lack of effort. With 341, Baze led all riders in mounts through Thursday, 32 more than runner-up Bejarano. Philip D’Amato8621131524%$982,450 William Spawr5486815%$250,220 Thomas Proctor5987414%$589,888 Aaron Gryder9471287%$460,270 HABIBI PRIMED FOR FIRST U.S. VICTORY IN SANTA BARBARAHabibi, a winner of six of nine starts in her native New Zealand, seeks her first U.S. victory from three starts in Saturday’s Grade III Santa Barbara Handicap for older fillies and mares at 1 ¼ miles on turf.She was third going a mile on grass March 22, her first race in nine months.“She’s going well, she’s had her prep race, finished third going a mile, and by her form, it looks like she’d appreciate the mile and a quarter,” said Richard Mandella, who conditions the 6-year-old daughter of Ekraar owned by George Strawbridge’s Augustin Stable.The field for the Santa Barbara: Three Hearts, Tyler Baze, 7-2; Tangelo, Mario Gutierrez, 20-1; Fanticola, Joe Talamo, 4-1; Queen of the Sand, Drayden Van Dyke, 9-2; Walk Close, Victor Espinoza, 6-1; Diversy Harbor, Gary Stevens, 3-1; Industrial Policy, Brice Blanc, 8-1; Habibi, Flavien Prat, 6-1; and Arethusa, Kent Desormeaux, 12-1. Mark Casse66107915%$824,206 Edwin Maldonado13618151513%$641,194 Gonzalo Nicolas1017657%$220,956 Doug O’Neill19525182613%$1,185,002 Jeff Bonde38102426%$381,976 Martin Garcia15530201719%$2,766,884 Fernando Perez2171825278%$894,918 Drayden Van Dyke23023282610%$1,511,663 Bob Baffert11426191523%$2,961,772
Peter Eurton2873225%43%$363,409 J. Keith Desormeaux2672527%54%$429,640 Tyler Baze11521231018%47%$1,035,522 Mark Glatt4086520%48%$296,405 FINISH LINES: Phil D’Amato plans to breeze Santa Anita Handicap contender Midnight Storm “Sunday or Monday” for the Grade I race for older horses at a mile and a quarter on March 11 . . . Trainer Peter Eurton is considering the $75,000 China Doll Stakes at a mile on turf March 11 for Breeders’ Cup Filly and Mare Sprint winner and Eclipse champion Champagne Room, who was a well-beaten third behind superstar Unique Bella in Sunday’s Grade II Las Virgenes Stakes. “Champagne Room has got so much pedigree on the grass,” Eurton said. “But our major goal is the (Grade I) Ashland (at Keeneland on April 8).” Eurton has downhill specialist Betty’s Bambino ticketed for the $100,000 Sensational Star Stakes at about 6 ½ furlongs on Feb. 25 . . . Ron Ellis said California-bred Masochistic “worked great” Sunday going six furlongs in a bullet 1:12.40 for the Grade I Triple Bend on March 11. “We got lucky and missed the last storm,” the trainer said . . . There was one winning Pick Six ticket Sunday worth $106,209.80 bought through TVG . . .Owner and horse player Ron Paolucci, and Billy Koch, founder and managing partner of Little Red Feather Racing Club, will be Tom Quigley‘s guests Saturday and Sunday, respectively, 11:20 a.m., in the East Paddock Gardens . . . Apprentice riders Evin Roman and George Wood make their Santa Anita debuts today, 18-year-old Puerto Rican native Roman in the sixth race aboard Raindance Rules for trainer Ed Moger Jr., and Wood in the eighth on Lucky Chopra for trainer Leonard Powell. “I love it,” Roman said on his first visit to Santa Anita, through his interpreter, agent Tony Matos. Wood, in from England with Powell for a few weeks on “a working vacation,” has 39 wins. Kent Desormeaux791611920%46%$1,106,638 Norberto Arroyo, Jr.6495414%28%$458,830 Joseph Talamo72751310%35%$273,115 Jerry Hollendorfer661291418%53%$1,106,920 William Spawr1670244%56%$181,551 Doug O’Neill798191210%49%$762,708 Mike Smith2883629%61%$856,165 Peter Miller531413626%62%$857,977 Stewart Elliott76971412%39%$388,588 ‘MIDNIGHT HOUR’ NEAR IN THE SANTA MARIAPRAT CALLS THE SHOTS IN ARCADIA STAKESTHURSDAY WORKERS AT SANTA ANITA HIT 278MIDNIGHT STORM DUE TO BREEZE FOR BIG ‘CAP Bob Baffert3274522%50%$683,716 Flavien Prat11229131926%54%$1,848,613 Luis Contreras67881812%51%$388,639 SANTA ANITA STATISTICS JockeyMts1st2nd3rdWin%ITM%Money Won HORSEMEN HEAVY ON SANTA ANITA WORKSWith rain forecast Friday, horsemen took advantage of sunny weather and “fast” track conditions Thursday when there 278 recorded workouts, including seven on the training track.Eighteen of the workers were trained by Jerry Hollendorfer, including Longacres Mile Handicap winner Point Piper, who went five furlongs in a bullet 59.40.Other drills of note included 2016 San Felipe Stakes winner Danzing Candy, four furlongs for Bob Baffert in 47.40; Big Bane Theory, five furlongs in 1:01.60 for Carla Gaines; Big John B, 1:01 for Phil D’Amato; and Delta Princess winner Shane’s Girlfriend, five furlongs for Doug O’Neill in 59.60. Santiago Gonzalez6379611%35%$339,236 (Current Through Sunday, Feb. 5) STREAKING MIDNIGHT TOAST IN STAKES DEBUTMidnight Toast makes her stakes debut in Saturday’s Grade II, $200,000 Santa Maria Stakes for older fillies and mares, and trainer Jim Cassidy is hopeful the four-year-old daughter of Midnight Lute is up to the task against favored Vale Dori and four others going 1 1/16 miles.“She’s turned it around and become a pretty nice filly,” Cassidy said of the Canadian-bred owned by Deron Pearson, Cassidy’s chief client for some two decades.“We’ve got her going pretty good, although there’s other speed in the race, but we can sit off of it. We don’t have to be on the lead. We’ve got the one hole, and that’s going to force us to go a little, but she’s doing well.”Midnight Toast lost all chance in her debut race down the hillside turf course when she hopped over the dirt portion, but won her two subsequent starts, her last by 4 ¼ lengths going a mile and an eighth on a “good” track Jan. 14. The Santa Maria, race four: Midnight Toast, Jamie Theriot, 12-1; Lady Tapit, Mario Gutierrez, 30-1; Autumn Flower, Flavien Prat, 20-1; Sheer Pleasure, Martin Garcia, 5-1; Show Stealer, Tyler Baze, 6-1; and Vale Dori, Mike Smith, 1-5. Richard Baltas6812131018%51%$655,620 FAVORABLE ARCADIA POST FOR CONQUEST ENFORCERConquest Enforcer seeks his second straight added money success at a mile on turf Saturday in the Grade II Arcadia Stakes for four-year-olds and up.The recent acquisition to Phil D’Amato’s potent barn won the Grade II Mathis Brothers Mile Dec. 26 on a “good” course after running six of his first seven starts at Woodbine, where he won three times.Conquest Enforcer drew the outside five post position, while committed front-runner What a View drew inside of him at No. Three.“I really like our post position, but I’ll leave the strategy up to Flavien (Prat),” D’Amato said. “Our horse has tactical speed. He can take the lead if he wants, he can stalk. We’ll make sure we’ll be on or near the lead and hopefully win the race.”The Arcadia, race five of nine: Bolo, Mike Smith, 5-1; Ring Weekend, Rafael Bejarano, 6-5; What a View, Tyler Baze, 4-1; Ohio, T.J. Pereira, 15-1; and Conquest Enforcer, Flavien Prat, 8-5. Martin Pedroza607101012%45%$296,293 TrainerMts1st2nd3rdWin%ITM%Money Won Rafael Bejarano9015151717%52%$887,858 John Sadler3267819%66%$406,574 Philip D’Amato40104725%53%$644,920 Tiago Pereira5275513%33%$198,570 Gary Sherlock2353222%43%$135,110
The funeral mass for former Catholic Bishop Séamus Hegarty took place in St Eugene’s Cathedral in Derry this afternoon (Monday).The attendance included Archbishop Eamon Martin, Donegal TD Pat the Cope Gallagher, representatives from local schools, as well as people from all walks of society.Les Cheann Comhairle Pat The Cope Gallagher attending the funeral of the late Bishop Hegarty. (North West Newspix)Archbishop Eamon Martin attending the funeral of the late Bishop Hegarty. (North West Newspix)Dr Séamus Hegarty, who was 79, was born in January 1940 in Kilcar, Co Donegal. He received his early education in Kilcar National School, Saint Eunan’s College, Letterkenny, and Saint Patrick’s College, Maynooth, which he attended from 1959 to 1966.He graduated in Celtic Studies and was fluent in Irish, English and German. He was ordained to the priesthood at Saint Patrick’s College in June 1966.He taught in Saint Eunan’s College and Colaiste na Croise Naofa, Falcarragh, where he later became President (1971-1981).Prior to his appointment as bishop, he served as curate in Stranorlar. Hegarty was later appointed as Bishop of the Diocese of Raphoe in February 1982. His episcopal ordination took place at Saint Eunan’s Cathedral, Letterkenny, in March 1982.Following the resignation of Bishop Edward Daly on 26 October 1993, Bishop Hegarty was appointed Bishop of the Diocese of Derry in October 1994 and was installed at Saint Eugene’s Cathedral in November 1994.The remains of Bishop Hegarty is carried from St Eugene’s Cathedral, Derry to his last resting place in the ground of the Cathedral.(North West Newspix)In his homily, Bishop Donal Mc Keown revealed that Dr Hegarty had suffered over the last eight years since his retirement in 2011 with dementia.Describing the illness as ‘a cruel affliction’ and how ‘much of the person has died long before the heart ceases to beat’.Bishop McKeown told mourners the former clergyman, severed under ‘very challenging years North and South, partly connected with the Troubles, where – like many church people – he used all possible channels to stop killing and to build bridges.’ Bishop McKeown said: “He had a deep sense of commitment to Irish emigrants. Many had to leave this island because of unemployment and other reasons. Some ended up in dire poverty abroad and he worked tirelessly to support the emigrant chaplaincies around the world.“He had a passion for education and many of the excellent schools in Derry diocese were built in his time.“From personal experience, he knew how fragile and precious human life is and was very strongly committed to the pro-life movement.”Bishop Donal McKeown who was the main celebrant at the funeral of the late Bishop Hegarty. (North West Newspix)The Derry Bishop also reflected on Hegarty’s serving years that ‘were also heavily marked by the revelations of child sexual abuse’. He added: “Terrible crimes had been inflicted on young people across this country and around the world – and, for a range of reasons, grave errors were made in responding to the wave of allegations.“That has all left a legacy of pain, alienation and mistrust. The Diocese of Raphoe and Derry were no different from anywhere else.“He knew as well as any that we come before God, never boasting of our achievements nor crushed by our failures but trusting in the Cross of Christ.“Only the often-uncomfortable truth can set any of us free.”Priests from the Diocese of Derry carried the remains of Bishop Hegarty on his final, short journey.His remains were laid to rest in the cathedral grounds.Former Bishop Séamus Hegarty laid to rest in Derry was last modified: September 25th, 2019 by Shaun KeenanShare 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:Bishop Seamus Hegartycatholic churchDerrydonegalkilcarRaphoeseamus hegarty
17 October 2006Transnational companies from developing countries such as Brazil, China, India and South Africa are generating increasing outflows of foreign direct investment – mostly into other developing countries, contributing to a “burgeoning shift in the structure of the world economy,” the United Nations’ trade and development body said on Monday.Releasing its World Investment Report 2006, the UN Conference on Trade and Development (Unctad) said that foreign direct investment (FDI) from “developing and transition” economies – led by Hong Kong, the Russian Federation, Singapore, Taiwan, Brazil and China – reached a record level in 2005.Most of these investments, according to the report, end up in other developing countries, contributing to “South-South” economic growth – and “appropriate policy responses in both source and recipient countries” could increase the development gains from this trend.‘World economic structure shifting’According to the report, transnational firms based in developing and transition economies generated FDI outflows of US$120-billion in 2005 – the highest level ever recorded.At the same time, the number of large transnational firms from developing and transition economies is rising. While only 19 featured among the Fortune 500 in 1990, 47 such companies did in 2005.“The rise of developing country transnational corporations is part of a burgeoning shift in the structure of the world economy,” Anne Miroux, head of Unctad’s World Investment Report team, said in a statement.“Although the future global map of business and economic power is not easy to predict, companies from Brazil, China, India and South Africa – indeed from across the entire developing world – will increasingly be household names.“This is an exciting outlook from the development perspective,” Miroux said, “especially because these transnational corporations are also significant investors in other developing countries.”South-South opportunitiesAccording to the Unctad report, the expansion of FDI from developing countries is particularly relevant for South-South cooperation. Excluding offshore financial centres, total South-South flows shot up from US$2-billion in 1985 to $60-billion in 2004, or 25% of all FDI inflows to developing countries.At the same time, the report notes, the bulk of South-South FDI is intraregional – to the extent that, for a number of least developed countries, FDI from developing countries in the same region makes up a large share of their total inward flows.“For example, more than 50% of all FDI inflows in Botswana, the Democratic Republic of the Congo, Lesotho, Malawi and Swaziland come from South African investors.”In such cases, according to the report, a key advantage of developing-country investors over their developed-country rivals is their greater familiarity with the economic conditions of the host developing countries.“It is important to consider how this form of ‘South-South’ cooperation can be further enhanced to promote development gains”, said UN Secretary-General Kofi Annan.Noting that some developing countries had set up dedicated programmes to boost South-South FDI, Unctad said these efforts should be “further explored and supported through closer collaboration among developing-country institutions”.Policy responsesAccording to the Unctad report, the expansion of FDI from these new source economies has already attracted some interest, especially from a number of investment promotion agencies.“More than 90% of African investment promotion agencies currently target FDI from other developing countries, notably from within their own region. Developed-country IPAs have also set up local offices in places such as Brazil, China, India, the Republic of Korea, Singapore and South Africa.”There is also a growing recognition by developing country governments that outward FDI can strengthen the competitiveness of firms, the report states.However, the report stresses that whether a country should move to active promotion of outward FDI depends on several factors, including the country’s balance-of-payments situation and the capabilities of its enterprise sector.More dialogue needed Unctad also notes that not all FDI has been well received by developing countries.“Some cross-border mergers and acquisitions, especially in the energy sector, along with mergers and acquisitions in infrastructure services or other industries with a ‘security dimension,’ have raised concerns,” the report states.To mitigate risks and enhance the benefits from increased FDI among developing economies, Unctad urged countries to engage in more dialogue.“South-South sharing of experiences may enhance opportunities for cross-border investments and contribute to the mutual development of home and host countries,” the report states.“From a South-North perspective, there is a similar need for dialogue, increased awareness and understanding of the factors that drive FDI from the South and of the potential impacts.“Unctad and other international organisations can play an important role by providing analysis, technical assistance and – not least – fora for exchanging views and experiences, to help countries realise the full benefit of the increase in FDI from developing and transition economies.”SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo material
5 July 2011 The International Olympic Committee (IOC), meeting in Durban, has added more youthful and entertaining events to the 2014 Winter Olympics to be held in Sochi, Russia. The IOC said on Monday that ski slopestyle, snowboard slopestyle and snowboard parallel special slalom would be included in the sports programme at the 2014 Winter Olympics. Men and women would compete in all these events. The decision was taken by the IOC executive board ahead of the 123rd IOC Session that kicked off on Monday, and follows the inclusion in April of ski halfpipe (men and women), women’s ski jumping, biathlon mixed relay, figure skating team event and luge team relay. “We are very pleased with the addition of ski and snowboard slopestyle and snowboard special slalom in the Olympic Winter Games programme,” IOC President Jacques Rogge said during a press briefing at Durban’s International Convention Centre. “Such events provide great entertainment for the spectators and add further youthful appeal to our already action-packed line-up of Olympic winter sports. We look forward to welcoming all the athletes to Sochi in 2014.” The Olympic Programme Commission (OPC) initially proposed the inclusion of the events in Acapulco in October last year. The OPC studied the proposal of the individual International Sports Federations and compiled a detailed analysis of all candidate events at their respective world championships last winter. The decision was also based on an operational feasibility study undertaken by the organisers of the Sochi 2014 Olympic Games. The executive board also agreed on a shortlist of sports that would be considered for inclusion in the 2020 Olympiad sports programme. These sports include, baseball, karate, roller sports, softball, sports climbing, squash, wakeboard and wushu – one of which could be added to the 2020 programme. Voting will take place at the 125th IOC Session in Buenos Aires in 2013. The programme can include a maximum of 28 sports. Source: BuaNews
By Chandraboli Mitra New Delhi, May 21 (PTI) One went on to make history while the other missed out on much deserved success but there is no hint of jealousy in the equation between Sakshi Malik and Vinesh Phogat and they continue to benefit from each other by training together. Sakshi scripted history by becoming the first Indian woman wrestler to win an Olympic medal when she bagged a bronze at the Rio Games last year, but Vinesh was unfortunate to bow out of the mega-event with a freak knee injury. However, Vinesh feels the success at the Olympics has not gone to Sakshis head at all and she still prefers to practice with her. “Sakshi has not changed at all after the Olympic medal. She remains the same and so is our equation. We have known each other from our cadet days. Our bond is very strong. She still looks forward to practising with me. Post Olympics, when I was recovering from my injury, Sakshi would keep asking me when I would return to full fitness and start practicing with her,” said Vinesh. Sakshi fights in the 58kg category, while Vineshs weight category is 48kg. Elaborating on how the two wrestlers, with a difference of 10kg between them, benefit by training with one another, Vinesh said, “We have been practice partners for a long time now. Our difference in weight helps us. “As Sakshi has higher weight, I try to match her strength and that helps me in increasing my power and stamina. On the other hand, my agility helps her improve her speed. Both of us motivate each other all the time,” explained the 22-year-old. After a nine-month injury lay-off, Vinesh, one of the Phogat sisters, made a comeback to the mat with a bang and clinched a silver medal at the recently-concluded Asian Championship. Vinesh fought in the 55kg category at the Championship, the heaviest weight division she has ever competed in at any tournament, because her doctors and coach Kuldeep Malik had advised her not to lose too much weight post her recovery as that could have weakened her muscles. “I have been asked to lose weight slowly. I dont want to fight in 55kg. At the World Championship in August, I want to be back in my original weight category of 48kg,” said the 2014 Glasgow Commonwealth Games gold-medallist. Inspite of participating in a higher weight category at the Asian Championship, Vinesh came up with a commendable performance. Having won her quarterfinal and semifinal bouts without breaking a sweat, she gave a tough fight to Japans Sae Nanjo in the gold-medal round before going down 4-8 in a closely- fought contest. The wrestler is thankful to the medical staff of her sponsor — JSW Sports — for bringing her back on her feet at a time when she thought that her career was all but over. Praising their efforts, Vinesh said: “I am happy to be back on the mat. I thought I would never be able to make a come back again. I had a feeling as if that was the end of my career. “But the physios helped me to not just attain fitness but also gave me confidence that I could be my previous self and compete with the same intensity,” said Vinesh. PTI CM PM PMadvertisement
TagsTransfersAbout the authorPaul VegasShare the loveHave your say Newcastle targeting Eintracht Frankfurt defender Jetro Willemsby Paul Vegas10 months agoSend to a friendShare the loveNewcastle United are targeting Eintracht Frankfurt defender Jetro Willems.The Daily Mail says Rafa Benitez is keen to bolster his defensive options in January and in particular the left-back position. Holland international Willems has been identified as a transfer target and the club are planning to make a move for him in next month’s window.However, the Magpies are facing competition for the full back with Roma also interested in the 24-year-old. The Italian club are also interested in Crystal Palace star Patrick van Aanholt as they search for a new left back.