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A_Bewick published Top 10 things to do in Leicestershire this weekend - March 16-18
There's a definite theme running through our choice of what to do this weekend and mum's the word. From owl watching to enjoying...
Rand firmer
The rand was firmer against the dollar in noon trade as it tracked a euro that had made a modest recovery against the greenback.
|||The rand was firmer against the dollar in noon trade on Thursday as it tracked a euro that had made a modest recovery against the greenback as concerns about eurozone sovereign debt eased.
“As far as the rand goes, we've seen a fair degree of selling from local exporters,” a local currency trader said.
“Another factor to note is that the gold price doesn't bode well for the rand - the correlation isn't that strong, but one must keep an eye on gold,” he added.
At 11:52 local time, the rand was bid at R7.6551 to the dollar from its previous close of R7.6885. It was bid at R9.9973 to the euro from R10.0102 before, and at R11.9926 against sterling from R12.0326 previously.
The euro was bid at US$1.3062 from its previous close of US$1.3019.
RMB said in a note that it had been “an extraordinary day” in the markets yesterday.
“From a South African perspective it was the losses on the rand that stand out, with US$/ZAR, EUR/ZAR and GBP/ZAR each spiking around 20 cents.
“The moves have little to do with the talk of SARB intervention. And it certainly has nothing to do with the poor retail sales data - this is a global not a local adjustment,” RMB added.
The global market's moves were initially perplexing.
“They weren't data related and didn't come about because of the usual key determinants of risk appetite (US equities traded marginally up all day) and EUR/US$ (which was flat until late yesterday).”
Rather, RMB said, the moves came about because the market suddenly entertained the possibility that the US economy was in a sustainable recovery. Bernanke's rather subdued comments after the Fed meeting on Tuesday seemed to have been the trigger, however, underlying this was the run of excellent data, particularly on the jobs front.
“The equity market has been trading this more positive view for a while, but it's coming as a shock to currency markets, commodities and bonds.”
“In the currency markets the shock is felt via a stronger US dollar and this is what was behind yesterday's adjustment in the rand - the dollar in fact made ground against most currencies except for the major European crosses.”
RMB said the rand had been hit harder than most other currencies but this was its normal characteristic.
“It's always either the best or worst currency as speculators switch in or out. None of this changes our forecast of trend rand gains. Remember that the rand has historically performed very well when the global economy is strong - ultimately a US revival will prove rand positive.”
RMB said investors might think a US economic recovery would be positive for commodities.
“It's not so clear cut though. Commodities fell yesterday in response to the stronger dollar. The most important consideration is the implication that a recovery could have on global monetary policy: commodities have been one of the main gainers from the massive liquidity injections - particularly gold, which is why it took the biggest hit yesterday.”
Meanwhile Dow Jones Newswires reported that in foreign exchanges, the dollar had trimmed its gains following a stellar rise on a recent string of positive US data that had diminished expectations of a fresh round of easing from the Federal Reserve. - I-Net Bridge
Source: http://www.iol.co.za/rand-firmer-1.1257241
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Richards rant 'unfortunate' ? Boyce
? Richards attacked Fifa then fell into a water feature
? Jim Boyce says the outburst may open 'old sores'
Britain's Fifa vice-president, Jim Boyce, says he will try to limit any damage caused by Sir Dave Richards's "unfortunate" attack on Fifa and Uefa for "stealing" football from the English.
Richards, speaking at a security conference in Doha on Wednesday, also criticised China for claiming to have invented football, and told his hosts they had their "heads in the sand" over alcohol restrictions at the Qatar World Cup in 2022. The Premier League and the FA quickly distanced themselves from the remarks.
Richards later fell into a water feature at the Museum of Islamic Art.
Richards had told the conference: "For 50 years we owned the game ? We were the governance of the game. We wrote the rules, designed the pitches and everything else. Then, 50 years later, some guy came along and said: 'You're liars,' and they actually stole it. It was called Fifa. Fifty years later another gang came along called Uefa and stole a bit more."
Boyce, whose long-term future at Fifa was already in doubt due to a proposal to strip Britain of its automatic vice-presidency, told insideworldfootball he was "surprised" by the remarks.
"I'm pleased he very quickly apologised. Sir Dave Richards is someone I have known and respected for 15 years and have always held in the highest regard. I have made it clear that I am doing my utmost to rebuild any bridges that might have been damaged ?
"Anything at the moment that could bring back old sores, for want a better expression, is unfortunate. It would have been better if Sir Dave's remarks had not been made, given the publicity they have generated."
Richards, meanwhile, has added to his earlier apology, blaming his background for his outspoken nature.
He told Sky Sports News: "I'd like to clarify something ? I am a Yorkshireman and I am quite broad and if I say something it can be taken out of a little bit of context.
"I was asked about the heritage of the game, I would never want to offend Fifa or Uefa. I used a word which was, looking back, probably inappropriate but it is the way I am.
"I put out a statement last night and I have sent a private email to the president of Fifa and the president of Uefa saying I apologise because I never intended to cause any stir at all.
"We were talking about heritage and legacy and England has given a wonderful legacy to the total world. It gave them the game and I am tremendously proud of that but I also recognise that Uefa and Fifa have done a magnificent job over the years in changing things and it has got to be changed and I recognise that.
"I just want to say I apologise, it was a comment that probably another person would not have made but I am a little bit broad and I accept that."
The Bolton chairman, Phil Gartside, who was with Richards when he fell into the water feature, told BBC Sport: "I was on the way to dinner with Sir Dave at the Museum of Islamic Art in Doha. We were walking across to our table in a dark courtyard area. There were three fountain areas nearby, no pool.
"They had switched off the lights. He thought he was stepping on to flat marble, but his foot went down into the water, he fell over and hurt his leg quite badly. Any suggestions he had a drink is nonsense. It's a dry place."
guardian.co.uk © 2012 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds
Source: http://www.guardian.co.uk/football/2012/mar/15/dave-richards-rant-unfortunate-fifa
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Can anyone stop the Kilkenny hurling juggernaut?
For those of you suffering from ailurophobia (that’s fear of cats, my friends), some bad news; it’s only mid-March, we’ve had just two rounds of the Allianz Hurling League, but already the question can be asked – who can prevent Cody’s Cats from winning their ninth championship in 13 years?
The signs are ominous. Already Kilkenny have won the Walsh Cup, the ‘warm-up’ Leinster title, walloping Galway in Galway in the final. In Leinster’s Martin Donnelly interprovincial hurling semi-final win over Munster, Kilkenny supplied 11 starters, all of whom were prominent; likewise in their final win over Connacht, Kilkenny again were the main county and again their men starred.
Then came the league, and in the opener in Nowlan Park against their nearest rivals for the past three years, they simply ran over Tipperary, steamrolled the team that had the temerity to take their All-Ireland title in 2010.
On Sunday in Walsh Park, always a bit of a bear-pit for visiting teams, after Waterford had put it up them for half-an-hour Kilkenny turned around and swamped them, point after point, before a timely goal sealed the deal.
They are a juggernaut, have everything you ever want to see in a team. They have the size, strength, speed and stamina to take on any side in the physical stakes. They have the skills, the subtle touches, the subtle little tugs also, to take on any team in the hurling ability stakes; and mentally – they are geared to winning, they know nothing else.
Against poorer opposition they go for the knockout and they go early and often. In a dog-fight they will grind you down, happy to win on points. ‘Insatiable appetite’ is often a term very loosely bandied about, referring to an individual or a team; individually and collectively Kilkenny have it, and we know that now. You think Jackie or Noel or Tommy or JJ or Henry or any of the rest of this hurling machine is about to rest on their laurels? No, didn’t think so.
Supervising all this you have Brian Cody. Has there ever been a more able manager in Irish sport? In fact at this stage you could even ask, has there even been a more able manager in world sport? He has made a few mistakes in his 14 years at the helm and he’ll make a few more before his done – ‘The man who never made a mistake never made anything’, ye do know that, don’t ye? But in the truest sense of the word he has ‘managed’ his resources brilliantly, he has managed this team brilliantly. And he’s doing it again this year.
You look at Kilkenny, they are the most seasoned side in the All-Ireland championship. Then you look at them again and you note – this isn’t a side that’s ageing together, a side that’s growing old together while sweeping everything before them. Every year the starting 15 gets freshened up, every year the panel changes.
In every line of the field last Sunday, starting with keeper Eoin Murphy, finishing with two-goal hero Matthew Ruth, and apart from the half-forward line of TJ Reid, Richie Power and Eoin Larkin, there were guys who haven’t yet been proven in the hottest fire, but guys who are now being given their chance.
You look closer at that half-forward and you see in microcosm exactly why Kilkenny are the force they are. Eoin Larkin is captain but he’s more than that – he is a money guy, a go-to guy, a big-game player who is most prominent when most needed. Richie Power is assuming the mantle of Henry Shefflin, the heir-apparent to an unbroken line of individual greatness that goes back to Lory Meagher. With Henry out at the moment, coming to the end of a glistening career, with perfect timing Richie is stepping up to the plate, nervelessly converting the free opportunities, running the show from the centre-forward position.
And TJ. If you want to know about man-management, look at how Brian Cody is handling the man from Ballyhale. In the two league games to date TJ has had 11 shots at goal, hit eight wides – hardly the kind of return you expect to see from a Kilkenny forward, definitely not the kind of return you expect that Brian Cody would tolerate for very long. And yet TJ started AND FINISHED both games. Why? Because in everything else he’s doing around the field he’s been outstanding. The poor shooting is merely a confidence issue; take TJ off, what do you do for that confidence? Finally, my cat-fearing friends, if you’re looking for consolation in the possible contenders, if you’re looking for Cat-killers, well, it’s not looking very promising at the moment. In Leinster, Dublin are injury-hit, big injuries too, and with two losses already in the league are struggling to get back to the heights of last year. If they get everyone back then yes, they’ll ask questions, but will that happen this year? Galway, Offaly, Wexford, all team-building, all with new management teams in place, all getting to know each other this year.
In Munster, Cork, Limerick, Clare, and Waterford are likewise team-building, likewise with new managers, so that this year is very much part of a learning curve for all four. Which brings us to Tipperary, the team that faced up to Kilkenny three times in the last years in the All-Ireland final and came away in successive years with one moral victory, one real victory, and one hard lesson. The question is, did they come away from that schooling in Croke Park last September thinking, my God, they’ve stepped it up again, we have now to do the same and better if we’re to beat them again, or did they come away thinking – my God, they’ve stepped it up again, there’s no way we’ve ever going to catch these cats again?
Only the Tipperary players know the answer to that, my friends, because the answer isn’t in their hands, it’s in their heads.
Source: http://feeds.examiner.ie/~r/iesportsblog/~3/xC0SeJWo6yA/post.aspx
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Leicester Mercury commented Valuable tools stolen as thieves raid allotment in New Parks,...
Dozens of sheds were smashed open as thieves rampaged through an allotment site looking for valuable tools.
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