News story: Prudential Regulation Authority launches public consultation on eligibility of guarantees

first_imgThe Prudential Regulation Authority (PRA) has launched a public consultation on the eligibility of guarantees as unfunded credit protection.The proposed changes seek to clarify what contracts are eligible to be treated as guarantees for credit risk mitigation under the Capital Requirements Regulation (CRR).UKEF is in touch with the PRA and is working closely with them to answer their questions on export credit guarantees and the international obligations that influence the terms of our guarantee. We will be discussing with the PRA the fact that in the CRR, different timeliness rules apply to public sector guarantees.Find out more and download the consultation paper.The consultation closes on Wednesday 16 May.

Duterte says ‘sorry’ to Robredo for believing ‘fake news’ on UN probers

first_img“So basahinlang niya iyan, it is all there and that is where she would exercise herduties, kung meron,” he said. “Ako di pa siya nagtatrabaho nang husto,I have yet to see her (Robredo) working as an ICAD chair and there’s a productof discussion.”/PN Duterte added that Robredo’s mandate asco-chair of the Inter-agency Committee on Anti-illegal Drugs (ICAD) was in theexecutive order creating it. President Rodrigo Duterte has appointed Vice President Leni Robredo as co-chairman of the government’s anti-drug campaign on Oct. 31. Robredo accepted her appointment on Nov. 6, much to the surprise of many, especially her allies in the political opposition, who have advised her against taking on the assignment. ABS-CBN NEWS The President has earlier warned that hewill slap a human rights advocate in front of Robredo but the latter quicklyclarified that she only met with the UN Office on Drugs and Crime and officersof the United States Embassy. MANILA – President Rodrigo Duterte hasapologized to Vice President Leni Robredo for believing a “fake news” that shehad invited a United Nations (UN) prosecutor to look into his administration’swar on drugs. Despite apologizing, President Dutertesaid that he still cannot trust Robredo, who he recently appointed as co-chairof the administration’s anti-narcotics body, since she was from the opposition. He discovered that the information wasnot true upon watching a news report with Robredo directly denying theallegation. “If she says that’s false news, Ibelieve her. And I am sorry because I said you only realize that it is falsenews when the news comes out. And you hear it and you talk about it, you reactto it, that is the problem,” Duterte told reporters in an interview onSaturday. “There can never be a trust that can benurtured between the two of us for the simple reason that Leni Robredo is withthe opposition, ako andito sa kabila,”said Duterte. last_img read more

Ohio Thunder Sprint Series brings IMCA, RaceSaver to the Buckeye State

first_imgFRANKFORT, Ohio – Fourteen point races are on the initial schedule for the inaugural Ohio Thun­der IMCA Eagle Motorsports RaceSaver Sprint Series. Atomic Speedway at Waverly hosts April 18, May 2 and 16, July 31, Aug. 1 and Oct. 3 events. Jackson County Speedway at Jackson is the site of April 17 and 24, May 8 and 15, June 5 and 19, July 24 and Aug. 21 races. Sponsored locally by Southern Ohio Equipment Company of Frankfort, the Ohio Thunder Series is the first RaceSaver series in Ohio. “RaceSaver keeps everything on a level playing field. You don’t have to spend $50,000 on an engine to be competitive,” Series Director Andy Hill said. “The rules are clear and don’t have any gray areas.” Encouraged by attendance at a meeting held late last year for potential drivers, Hill expects to start the series with 10-15 cars. “We’ll have drivers new to Sprint Cars and we’ll have others who have raced 410’s before,” he explained. “We like the backing we’ll get from IMCA, we like the point funds and we appreciate the help we’ve gotten getting this series started.” A second drivers’ meeting will be held at 1 p.m. on Saturday, March 7 at Jackson County Speedway owner Chris Smalley’s shop, located at 13706 US Route 23 in Waverly. The last IMCA-sanctioned Sprint Car event held in the Buck­eye State was in 1970. Test and tune sessions are March 14 at Atomic and April 4 and 11 at Jackson. IMCA RaceSaver Sprints are part of Atomic’s Open Wheel Championship special on May 2. IMCA Speedway Motors Weekly Racing National, Allstar Performance State and special series points will be awarded for the first 13 Ohio Thunder Series events; special series points only would be given for the Oct. 3 race.More information is available at the Ohio Thunder IMCA RaceSaver page on Facebook. The series website address will be read more

Syracuse falls out of the AP Top 25 after 2 losses at MSG

first_img Published on November 19, 2018 at 12:28 pm Contact Billy: [email protected] | @Wheyen3 Comments Facebook Twitter Google+center_img After two losses in less than 24 hours on Thursday and Friday, Syracuse (2-2) has fallen out of the AP Top 25. The Orange opened the season at No. 16 and had risen a spot to No. 15 before this week’s precipitous drop.The Orange fell to Connecticut on Thursday at Madison Square Garden, 83-76. The loss spoiled Jalen Carey’s homecoming, as he dropped 26 points in a building, a 10-minute train ride from his childhood home in Harlem.The following night, SU lost to Oregon, 80-65. The Ducks were led by 7-foot-2 freshman Bol Bol in a dominating performance, as he finished with 26 points and nine rebounds. Oregon fell from No. 13 to No. 21 in this week’s poll, though, after it had lost to Iowa on Thursday.For the second-straight week, Duke ranks No. 1 in the country. The Orange play the Blue Devils twice in ACC play, first at Cameron Indoor Stadium in January and then in the Carrier Dome in February. Overall, six ACC teams are ranked. The other five: Virginia at No. 4, North Carolina at No. 7, Virginia Tech at No. 13, Florida State at No. 14 and Clemson at No. 16.Syracuse gets back in action on Wednesday in the Carrier Dome, when the Orange will take on Colgate for the 171st time in the programs’ histories.AdvertisementThis is placeholder textlast_img read more