Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year | HONG KONG, CHINA – Media OutReach – 9 December 2019 – Kerry Logistics Network Limited (‘Kerry Logistics’;

Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards  for the Second Consecutive Year

Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year

Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year

Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year

Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year

Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year
Kerry Logistics Secures Accolades at The Asset ESG Corporate Awards for the Second Consecutive Year
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Russia has been banned from competing in international sports for 4 years after an investigation by the World Anti-Doping Agency

Russia has been banned from competing in international sports for 4 years after an investigation by the World Anti-Doping Agency

Russia at the 2016 Olympic games in Brazil.
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Russia at the 2016 Olympic games in Brazil.
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Getty/Cameron Spencer

  • Russia has been banned from competing in international sports for four years after an investigation from the World Anti-Doping Agency (Wada) was concluded.
  • Russia was found guilty of manipulating laboratory data to mask banned substances in its athletes during a probe in January, says the BBC.
  • The ban means it will be unable to compete at both the 2020 Olympics in Toyko and the 2022 World Cup in Qatar.
  • Visit Business Insider’s homepage for more stories.

Russia has been banned from competing in international sports for four years after an investigation from the World Anti-Doping Agency (Wada) was concluded.

Russia was found guilty of manipulating laboratory data to mask banned substances in its athletes during a probe in January, the BBC reports.

The ban means the country will be unable to compete at the 2020 Olympics in Toyko, the 2022 World Cup in Qatar, and the 2022 Winter Games in Beijing.

The report says Russian athletes who can provide proof that they were unaffected by the doping scandal will be able to compete, however, under a neutral flag.

Wada vice-president Linda Helleland said on Twitter that she believed the punishment was still “not enough” and that the organization “owe it to the clean athletes to implement the sanctions as strongly as possible.”

Russia has 21 days to appeal the ban to the Court of Arbitration for Sport (Cas).

Goldman Sachs sees gold soaring 9% in 2020 as Trump’s trade-war and recession fears grip investors

Goldman Sachs sees gold soaring 9% in 2020 as Trump’s trade-war and recession fears grip investors

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Reuters / Pascal Lauener

  • The price of gold could jump 9% to $1,600 per ounce by the end of March, according to Goldman Sachs.
  • Goldman analysts highlighted political uncertainty, recession fears, emerging-market growth, central banks’ gold buying, greater discussion of Modern Monetary Theory, and other factors underpinning a higher gold price.
  • “We still see upside in gold as late cycle concerns and heightened political uncertainty will likely support investment demand for gold as a defensive asset,” the analysts said.
  • View Business Insider’s homepage for more stories.

The price of gold could jump 9% to $1,600 per ounce by the end of March, according to Goldman Sachs.

The investment bank stood by its three-month, six-month, and 12-month forecasts in a research note last week. It highlighted as factors underpinning the price: political uncertainty, recession fears, high household savings, low interest rates, an equities selloff, growth of emerging markets, moderate growth in mine output, robust central-bank purchases, and greater discussion of Modern Monetary Theory, among others.

Goldman’s analysts said they “remain optimistic” about gold going into 2020, given investors view it as a safe or “haven” asset during turbulent times.

“We still see upside in gold as late cycle concerns and heightened political uncertainty will likely support investment demand for gold as a defensive asset.”

These are Goldman’s 10 key reasons to expect a higher gold price:

  • Political uncertainty due to the US-China trade war and other trade disputes, next year’s US elections, protests in Hong Kong and elsewhere, and rising concerns about inequality and support for wealth redistribution.
  • Recession fears due to record-low US unemployment and an inverted yield curve – a reliable indicator of an upcoming recession.
  • Greater household savings in developed countries – coupled with lower global investment – has resulted in a savings glut, leaving more people with spare cash to spend on gold.
  • Rock-bottom and even negative interest rates could limit the scope for bonds to appreciate, making gold more attractive as it might decouple from rates and outperform them during the next recession.
  • Stocks are likely to fall next year due to political uncertainty and weaker consumer confidence. Gold could benefit as it’s a common hedge for investors and negatively correlated to equities over time.
  • Increased wealth could fuel demand for gold in jewelry, industry, and investment. Goldman’s economists expect emerging-market economies, which account for the bulk of global gold purchases, to grow by an average of 7.8% annually until 2024.
  • Annual mine output is set to grow just 2% annually in the next few years due to limited capital spending.
  • The “wealth effect” of GDP growth in emerging markets, offset by yearly growth in mine output, could drive the price of gold up 4.6% annually in the coming years, Goldman estimated.
  • Central banks are on track to buy a record 750 tonnes of gold this year, and could buy another 650 tonnes next year, supporting a higher gold price.
  • More widespread discussion of Modern Monetary Theory (MMT), which calls for governments to run larger fiscal deficits, could fan fears of currency devaluation and increase demand for gold.
‘Harry Potter’ star Daniel Radcliffe says he feels ‘really terrible’ for Meghan Markle because of the scrutiny she faces

‘Harry Potter’ star Daniel Radcliffe says he feels ‘really terrible’ for Meghan Markle because of the scrutiny she faces

Daniel Radcliffe says he feels terrible for the Duchess of Sussex.
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Daniel Radcliffe says he feels terrible for the Duchess of Sussex.
source
Michael Loccisano/Getty Images, Chris Jackson/Getty Images

Daniel Radcliffe says he “feels really terrible” for Meghan Markle because of the media scrutiny she’s faced since becoming a royal.

While the actor admitted he doesn’t “take a huge interest” in the royal family, Radcliffe told People Now he is aware that “Meghan Markle is being treated to the full force of the British media.”

“That’s why I always thought their relationship was sweet, cause I was like, ‘Man, she must love you if she wants to get involved in this crazy life,'” Radcliffe said, referring to Markle’s marriage to Prince Harry.

Meghan Markle married Prince Harry in 2018.

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Meghan Markle married Prince Harry in 2018.
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Pool/Samir Hussein/WireImage

“It must be insane. I cannot imagine … you know, what I have and what I went through is like a fraction of what they have and went through.

“And they went through it from birth,” Radcliffe added, referring to Princes Harry and William. “They didn’t even get like, you know, 10 years like I did.

“So while I’m not into the institution of the monarchy, I have a huge amount of respect and empathy for them.”

The Duchess of Sussex recently said she’s struggling to deal with the fame in an emotional ITV interview.

When asked how the increased media attention had affected her physical and mental health, Markle said: “Look, any woman, especially when they’re pregnant, you’re really vulnerable, and so that was made really challenging.

“And then when you have a newborn, you know?”

“Also, thank you for asking, because not many people have asked if I’m OK,” she added. “But it’s a very real thing to be going through behind the scenes.”

The duchess later announced plans to sue British tabloid the Mail on Sunday, after the newspaper published private excerpts from a letter she sent to her father earlier this year.

A legal spokesperson for Markle said at the time that publishing excerpts of the letter was “part of a campaign by this media group to publish false and deliberately derogatory stories about her, as well as her husband.”

Read more:

Meghan Markle got emotional in a rare candid interview where she said she’s struggling to deal with the fame

Meghan Markle’s new lawsuit could change how the tabloids treat the royal family

How Meghan Markle and Prince Harry’s new public approach to royal life has affected their relationships with the rest of the family

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