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Posted by: | Posted on: January 12, 2020

Children’s physical display competition amazes crowd

first_imgOnce again, the Cliff Anderson Sports Hall was filled with excitement as the Regional Children’s Mashramani Competition attracted a crowd.This time, it was the physical display category, which concluded the Georgetown leg of the competition on Monday, with entries from both primary and secondary schools.The event saw a colossal turnout from numerous schools in Georgetown, who expressed their support for the participants. The loud cheers echoed throughout the intense atmosphere and encouraged the competitors to do their best. To make things even more exciting, it was hosted by the comedic duo of Christopher Gopaul and Lyndon Jones.A fascinating piece that was performed by South Ruimveldt SecondaryThis year, the focus of the event was being health wise, and skipping was introduced to the spectacular competition.The schools that participated included FE Pollard Primary, Comenius Primary, North Georgetown Primary, South Ruimveldt Secondary, Tucville Secondary, St John’s College, St Stanislaus College, and Richard Ishmael Secondary. Participants showcased their performances in different categories which included Combination, Freestyle, Pyramid, Skip-be-fit and Last Man Standing.The freestyle skipping was won by Courtney Alfred of Richard Ishmael Secondary. Fellow Richard Ishmael Secondary student Elijah Morris expressed that skipping could be considered exercise and it aided in cardiovascular fitness. He encouraged younger children to participate in this healthy activity.Other winners included FE Pollard Primary in the Combination category with an entry called “We are the Champions” while Tucville Secondary won with their piece entitled “Team builders”.The North Georgetown Primary students at the competitionHowever, the climax of the day was the last performance – a last man standing skipping competition in which 10 students participated. It was won by Earl Morris of the Richard Ishmael Secondary School, who ended with the highest time of eight minutes, ten seconds. He breathlessly stated how happy he was to win this category.“I feel excited. I feel great. I’m so happy I win the last man standing. It was my dream,” he said.Morris further stated that it has almost been a year since he has taken up skipping.The national category will kick start another aspect of the competition and this is set for February 15, with students competing from all across Guyana.last_img read more

Posted by: | Posted on: September 5, 2019

Global Markets Asian shares pause near eightmonth high dollar weakens

first_imgAsian markets outside India trade higher on 21 OctoberReuters file [Representational Image]Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest rates will stay lower for longer after a dovish turn by the European Central Bank and milder than expected U.S. inflation.The British pound was little changed after European leaders agreed to extend the deadline for the UK to leave the union to the end of October, averting a potential crash out of the bloc on Friday with no divorce deal.But investors’ risk appetite was generally capped by U.S. threats earlier this week to slap tariffs on goods from the European Union.MSCI’s broadest index of Asia-Pacific shares outside Japan paused after four straight days of gains but held near its highest since last August.Japan’s Nikkei eased 0.2 per cent as the yen strengthened.Overnight, European and U.S. shares gained. On Wall Street, the S&P 500 added 0.35 per cent, the Nasdaq climbed 0.7 per cent while the Dow was barely changed.[.N]”There were big worries last year that central banks globally are moving towards policy tightening. Those fears have reversed now,” said Shane Oliver, chief economist at AMP.”There have also been easings in Asia. That is a reasonably positive backdrop for equities,” Oliver added.”The complication is the growth slowdown.”On Wednesday, the European Central Bank (ECB) kept its loose policy stance and warned that threats to global economic growth remained. The ECB has already pushed back its first post-crisis interest rate hike, and President Mario Draghi raised the prospect of more support for the struggling eurozone economy if its slowdown persisted.In response, European bank stocks declined and the yield on Germany’s benchmark 10-year bond fell to a one-week low of negative 0.039 per cent.Separately, data showed U.S. consumer prices increased by the most in 14 months in March but underlying inflation remained benign against a backdrop of slowing global economic growth.Minutes from a March 19-20 meeting of Federal Reserve policymakers showed they agreed to be patient about any changes to its interest rate policy as they saw the U.S. economy weathering a global slowdown without a recession in the next few years.U.S. Treasury yields slipped in response, reinforcing expectations that the Fed would hold rates steady or possibly cut them by the end of the year.However, AMP’s Oliver said some encouraging economic signs were now emerging, helped by the “great retreat” on policy by global central banks, fiscal stimulus in China and progress in Sino-U.S. trade talks.U.S. Treasury Secretary Steven Mnuchin said on Wednesday the United States and China have largely agreed on a mechanism to ensure that both sides stick to the deal, including establishing new “enforcement offices.”Investors will next focus on inflation data from China at 0130 GMT. A weak number could raise fears of deflation spreading across the world, while a pick-up could add to optimism that government support measures are slowly beginning to percolate through the economy.In currencies, the dollar index fell for a fourth straight day to 96.909. The euro was barely changed at $1.1278 while the Japanese yen paused after three days of gains at 111.03.Sterling traded at $1.3095, unchanged on the day and staying in a triangle holding pattern between $1.2945 and $1.3380 during the past month or so.In commodities, Brent futures eased 14 cents to $71.59 a barrel. U.S. crude dipped 24 cents to $64.37.Gold hovered near a two-week top on Thursday at $1,307.795 an ounce as investors fretted about the global economy and trade tensions.last_img read more

Posted by: | Posted on: September 1, 2019

Netflix Stock Closes at AllTime High Nudging Market Cap Ahead of Disneys

first_imgNetflix has regained the title as world’s most valuable media stock, at least for now, after the streamer’s shares closed at a new record high to push its market capitalization just slightly ahead of Disney’s.Netflix’s stock closed Friday at $351.29 per share, up 0.6%, to give it a market cap of $152.7 billion. Disney closed up 0.08%, recovering somewhat after a decline Thursday, with a market cap of $152.3 billion.On Thursday, Netflix for a few hours had topped Disney’s market cap, before shares of Disney pared some of their losses to put the Mouse House back ahead at the close of trading.The market-cap horse race between Netflix and Disney matters because it shows that investors believe Netflix — even though its business is much smaller today — has as much upside going forward as the 94-year-old Walt Disney Co. Popular on Variety ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15center_img Netflix’s appeal to investors is its global reach and fast-growing streaming-subscriber base, which hit 125 million at the end of the first quarter of 2018. So far, the company’s bullish fans are comfortable with Netflix’s heavy content spending and cash burn, pinning their hopes on the prospect of future returns.Netflix remains much smaller than Disney in terms of its financials, and operates at a lower net margin. For 2017, Netflix generated revenue of $11.7 billion and reported net income of $559 million. Disney posted sales of $55.1 billion and net income of $8.9 billion for its most recent fiscal year, which ended Sept. 30, 2017.The Netflix-vs.-Disney “whose market cap is bigger” storyline also is intriguing given the history between the two companies. Disney is ending its TV-window movie output deal with Netflix effective with 2019 theatrical releases — and instead, Disney will copy Netflix’s model with a planned Disney-branded subscription service next year.Meanwhile, there was speculation before Disney’s direct-to-consumer move (which included acquiring majority control of streaming-infrastructure company BAMTech) that the conglomerate might make an M&A play for Netflix.Netflix rose past Comcast’s market cap earlier this week. Last year, Netflix surpassed the market capitalization of Time Warner — target of AT&T’s still-pending takeover. Wags recalled Time Warner CEO Jeff Bewkes’ dis of Netflix in a 2010 interview, when he said about the company, “It’s a little bit like, is the Albanian army going to take over the world? I don’t think so.”Reed Hastings, CEO and chairman of Netflix, has seen his personal net worth rise dramatically with the company’s stock run-up. The exec’s net worth currently estimated to be about $3.7 billion, per Forbes.last_img read more