In the preparation of applications for the project of restoration and valorization of the historic core of Split worth almost 24 million kuna

first_imgOver HRK 7 million will be invested in the renovation and equipping of the Old Town Hall, more than HRK 2 million in the renovation and equipping of the Split City Museum, and over HRK 5 million in the southeast tower with its premises in Lukačićeva 5 and part of the eastern wall of the Palace. HRK 3 million are earmarked for the production of modern presentation exhibits. The Ministry of Regional Development and European Union Funds has published a Call for Proposals in the procedure of direct award of grants to the City of Split for the project “Palace of Life – City of Changes; Integrated program for the development of the visitor infrastructure of the old town with Diocletian’s Palace “. The project is based on the restoration, valorization, presentation and improvement of the management of the UNESCO site of the historic center of Split with Diocletian’s Palace, including individually protected immovable cultural property, the Old Town Hall, and buildings located within the protected historical ensemble – Split Museum and Southeast Tower Diocletian’s Palace with the associated depots of the City Museum in the building at Lukačićeva 5 and the exit to the southern part of the eastern wall of the palace. The purpose of the project is to use an integrated approach to put these locations in the function of sustainable development of the local community and to present Split as a city of layered and living cultural heritage. The project holder is the City of Split, the partners are the Tourist Board of the City of Split and the Museum of the City of Split, and the total estimated value is HRK 23,8 million, of which HRK 18,2 million of available grants from the European Union. The investments envisaged by the project include conservation-restoration and construction works and equipping of the mentioned facilities, as well as the establishment of modern exhibitions that will present the layered history and development of Split. The project will also, in accordance with the requirements of the call and indicators of the Operational Program Competitiveness and Cohesion, contribute to increasing the number of domestic and foreign visitors to newly renovated cultural heritage sites and consequently contribute to the development of Split as a year-round cultural and tourist city. Source / photo: City of Split; Pixabay The Development Agency Split – RaST doo is preparing the application, and preparatory activities, such as public procurement for the execution of works and equipping the Old Town Hall, are already underway.last_img read more

Alexandre Lacazette reveals the biggest improvement he’s made under Unai Emery at Arsenal

first_imgAlexandre Lacazette reveals the biggest improvement he’s made under Unai Emery at Arsenal Advertisement Metro Sport ReporterTuesday 21 May 2019 4:38 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1kShares Advertisement Comment Lacazette has struck up an excellent understanding with Pierre-Emerick Aubameyang this season (Picture: Getty)Speaking to Arsenal’s website, Lacazette said: ‘I’ve played the best football of my career this season and for Arsenal, not because of the goals I scored, but in my game – I really improved.AdvertisementAdvertisement‘Being able to contribute without scoring is important for the team. For me, as well as now, I enjoy working like this for my team-mates because I know it is going to be easier for them.‘In the past, I have always learnt that if you work for them, they will give you back the ball fast, and that is why I’m happy to help them.’Lacazette won Arsenal’s Player of the Season award voted for by the club’s fans earlier this month and although he admitted it was a pleasure to receive it, he has set his sights on winning the Europa League.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘Individual awards are not really, really important. It is always a pleasure, of course, to receive things like this, but it is not the first thing I’m thinking of when I play football. I want to win a title, like the Europa League,’ he said.‘I always do my best on the pitch even if sometimes I’m not good – but I always try to be the best. I fight for the club, so of course, I fight for them, for me, for my team-mates, for the coach, for my family and for everybody.‘I just want to win and everyone will support me. Everyone is behind me, so of course, I will fight for them as well.’Lacazette’s form has not gone unnoticed elsewhere with both Barcelona and his long-term admirers Atletico Madrid linked with moves for him for this summer.When asked about Barcelona’s interest in him earlier this month, Lacazette responded by saying ‘it’s flattering’.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Alexandre Lacazette has enjoyed an excellent season with Arsenal (Picture: Getty)Alexandre Lacazette believes this season has been the best of his career due to the improvements he has made to his all-round game under Arsenal manager Unai Emery.The 27-year-old was Arsenal’s second-highest goalscorer in the Premier League with 13 – behind Pierre-Emerick Aubameyang on 22 – while he also topped the club’s assists chart with eight.Lacazette has also contributed five goals and two assists during Arsenal’s run to the Europa League final and will be one of their main threats against Chelsea in the final next Wednesday.After initially falling foul of Emery’s rotation policy, Lacazette has become an increasingly important player for Arsenal, forming an excellent understanding with his strike partner Aubameyang.ADVERTISEMENTlast_img read more

Robin van Persie admits he was to blame for controversial shirt swap with Andre Santos during Man Utd vs Arsenal

first_img Metro Sport ReporterFriday 12 Jun 2020 12:02 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link3.1kShares Andre Santos was heavily criticised for swapping shirts with Robin van Persie during Arsenal’s match against Man Utd back in 2012 (Picture: Getty)Robin van Persie has conceded he still feels guilty about the criticism Andre Santos was subjected to after he swapped shirts with his former Arsenal teammate during a match against Manchester United.The former Gunners captain had swapped the Emirates Stadium for Old Trafford following an acrimonious move in the summer of 2012 after he had publicly criticised Arsene Wenger and the club’s transfer strategy.Van Persie came face-to-face with his former club just three months after his departure and rubbed salt into the wounds by scoring the first goal after just three minutes in a 2-1 victory. The Dutchman dominated the post match headlines, but not just as a result of a typically astute finish. As the players walked towards the tunnel at half-time, Van Persie was seen swapping shirts with Santos who was subsequently slammed by his own supporters for failing to recognise the significance of the gesture. AdvertisementAdvertisementADVERTISEMENTSantos’s Arsenal career faltered badly after that incident – he failed to start another Premier League game for the club – and Van Persie admits he could have a better job of protecting his friend. Advertisement Robin van Persie admits he was to blame for controversial shirt swap with Andre Santos during Man Utd vs Arsenal Robin van Persie scored after just three minutes in Man Utd’s 2-1 win over Arsenal in November 2012 (Picture: Getty)He told BT Sport: ‘You have to think about the consequences. You know, if I look back at that moment with Santos I think I should have done better there.‘Yeah, poor guy. It was all negative for him because (people thought) why are you swapping shirts at half time? I do get that feeling that people might think that way. But Andre Santos was a friend of mine. We went for dinner, I was going to his house while I was playing at Arsenal.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors‘I think it was my first game back (against Arsenal) and at half time he asked me, but I should have thought about it a bit better and waited 20 metres then swapped inside the tunnel. It would have saved him a lot of hassle.’Speaking about the incident that effectively ended his Arsenal career, Santos said last year: ‘I don’t regret it because I never stopped being his friend. ‘My culture is different from the English culture. I’m not obliged to be in the same culture as them.’MORE: Prince William tells Pierre-Emerick Aubameyang to leave Arsenal this summer to join Aston VillaMORE: Manchester United and Arsenal hold initial talks to sign Jonathan DavidFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisement Commentlast_img read more


first_imgJane’s World Railways 1996-97The 800-page 38th edition of this substantial tome retains the usual format, with manufacturers listings followed by a gazetteer of world railways. It is liberally illustrated with photographs, loading gauge diagrams and tables. There are 197 new entries, and over 400 new photographs and drawings, including some maps. The entry for Russia is enlarged, with a range of up-to-date photographs and a map. Other maps include Austria, Belarus, Bolivia, Denmark, Macedonia and number of US commuter rail operations. £235 from Jane’s Information Group, Sentinel House, 163 Brighton Road, Coulsdon, Surrey, CR5 2NH, Great Britain.Fax: +44 181 700 3751Dynamic Train/Track Interaction and Rolling Contact Fatigue of Railway Wheels.Chalmers University of Technology in Sweden has published the works of two undergraduates. Dynamic Train/Track Interaction, a dissertation by Annika Igeland, is a simulation of railhead corrugation growth under a moving bogie, using mathematical models combined with full-scale measurements. The work was carried out between 1992 and 1996 as part of a research project led by Prof Bengt Åkesson and Dr Tore Dahlberg of the Division of Solid Mechanics, and was financed by Banverket.The aim of the second project undertaken by Anders Ekberg was to predict the life of a railway wheel using a mathematical model.Chalmers Tekniska Hlast_img read more

Wednesday people roundup

first_imgJ O Hambro Capital Management – The investment boutique has appointed James Elks as senior manager for institutional business. He joins from Martin Currie, where he was responsible for UK institutional and global consultant relations. He has previously worked at Investec, Bramdean Asset Management and Credit Suisse Asset Management.Nikko Asset Management – Nikko has hired William Low, former director of global equities at Scottish Widows Investment Partnership (SWIP), to head up a new global equities team. Low, who left SWIP in April following its acquisition by Aberdeen Asset Management, will be joined by six of his former colleagues, following the launch of Nikko’s Edinburgh office.Aon Hewitt – Craig Gillespie has been appointed to the UK investment consulting team. He joins from Towers Watson, where he has worked for the last 14 years. Gillespie has more than 20 years’ experience in advising financial institutions and UK pension funds on risk strategy.Barnett Waddingham – Simon Cohen and Rebecca Carse have been appointed to the investment consulting team. Cohen joins from JLT, where he was a director, while Carse – previously an assistant manager in Grant Thornton’s pension risk solutions team – joins from Barnett Waddingham’s Amersham office. State Street Corporation, BP Investment Management, BayernInvest, J O Hambro Capital Management, Nikko Asset Management, Aon Hewitt, Barnett WaddinghamState Street Corporation – Oliver Berger has been appointed senior vice-president and head of strategic market initiatives for Europe, the Middle East and Africa. In this newly created role, based in Frankfurt, Berger will be responsible for the development of State Street’s new initiatives and client solutions. He joins from JPMorgan Chase Group after 19 years, where his most recent role was head of prospect sales for the EMEA. Separately, Andreas Schmid has joined as vice-president in the asset owner solutions team based in Zurich, joining from RBC Investor and Treasury Services.BP Investment Management – BP’s £19bn (€22.7bn) pension fund has increased its in-house capacity, hiring new heads of fixed income and investment strategy. BP IM has named Ian Smart as head of fixed income and the Pension Protection Fund’s (PPF) Opkar Sara as head of investment strategy. Smart joined in June from consultancy Aon Hewitt, which he joined in December 2012 as senior researcher for bond managers. Sara also joined in June, after nearly five years at the PPF as principal fund manager, in charge of asset allocation and investment strategy.BayernInvest  – Oliver Schlick has told the supervisory board he will not stand for re-election as board member and CIO in February 2015 when his contract expires. Schlick has been on the board of the asset management subsidiary of German regional bank BayernLB since 2008. The supervisory board said it would finalise the hiring of a new CIO in early 2015.last_img read more

Joseph Mariathasan: Strategy selection vs manager selection

first_imgActive managers are on the defensive against the massive growth of passive exchange-traded funds, and the battle lines may be most fraught in global equities.The global equity universe is massive. There are 30,000 stocks to potentially invest in. It is beyond human capabilities to cover the complete universe using a fundamental approach, but global equity markets can be approached in numerous ways – through passive indexation, enhanced index and smart beta (is there a difference?), quantitative systematic strategies, broad fundamental active strategies, focused active strategies, market neutral hedge funds, 130/30, and so on.What are the trade-offs of costs versus excess returns for these strategies? Who takes the benefits – fund managers or the owners of capital? What should be an equitable fee structure?These questions are not only important for investors, but are also critical for fund managers as the answers ultimately determine their business strategy. For the largest multi-strategy firms they may be less relevant, as they can cover most – if not all – of the options. They justify this on the grounds that investors are ultimately trying to find solutions for different needs. Smaller boutiques focus on specialist areas. Mid-size firms, however, are facing challenges: the recent merger of Henderson and Janus reflects the pressures on these kinds of companies to cut costs as they face increasing challenges from lower-cost alternatives. Putting a framework to the range of options in the global equity space is a useful exercise not only in educating the investor, but also in helping to determine where the best trade-offs are likely to be between fees and potential returns.The simplest and cheapest approach to global equity investment is clearly via passive indices. Some consultants see them as particularly useful if exposures are undertaken synthetically via derivatives, as this allows better balance sheet management for pension funds enabling them to gain leveraged exposure to equities.Slightly more expensive would be smart beta products, which give tilts to factors that have rewarded for long periods of time. They are also providing a threat to many active managers who have been effectively just packaging up smart beta approaches and, as a result, many of the traditional diversified global equity portfolios are starting to shrink.Moving up the complexity scale and fees from smart beta would be quantitative managers, and there is a grey area between the two. Many quant managers have been running factor-based strategies for 20-30 years and been doing so relatively successfully. Large pension funds investing a couple of hundred million euros or more can hire quant managers for 25-30 basis points a year, while smart beta costs would be 15-20bps, with the more basic end at 10bps. Consultants argue that the extra sophistication you are getting from a quant approach over smart beta is quite significant. In return terms, you should be very well compensated for that extra 10bps of fees.A smart beta strategy would have 1,000 stocks, a quant manager would have 200, while a fundamental manager would have something between 30 and 80 depending on strategy. With each step you are reducing the number of stocks, increasing the tracking error and potentially increasing the return. Active managers would charge between 40-60bps for a developed global equity strategy. Adding emerging markets would add 5-10bps on top for all strategies.Beyond this lies the hedge fund world. A lot of firms are reacting to the new reality of the industry – essentially a lower cost base in a lower return environment. Fees in the long-only space have roughly halved for active managers over the past decade or so, but hedge funds have not reacted to or felt so much pressure to readjust. Hedge funds still justify very high fees with the promise of very high returns.That is coming under pressure and there has been a move out of hedge funds by a number of large asset owners. Investors need a very compelling reason to pay 2 and 20 to a hedge fund where you may end up paying 4% in fees, 10 times higher than a conventional manager.So where lies the best trade-off between fees and potential returns? It is worth taking a view on relative valuations. Certain strategies have done well in recent times but is there much point in trying to get a good deal with products that are close to capacity after a very strong run?In contrast, strategies that are out of favour – such as value strategies that have underperformed recently – may be worth considering. The managers have probably lost assets, but the style works (although it tends to go out of favour for long periods before coming back). For institutional investors, picking the right approach may be more important than picking the right managers.last_img read more

Rodney Hide: Jacinda Ardern’s abortion view jarring

first_imgNZ Herald 10 September 2017Family First Comment: Even Rodney Hide understands our concerns….“In the leader’s debate she was resolute on abortion. She declared her Government would remove abortion from the Crimes Act. The following morning she stepped back a little, accepting the vote would be a conscience one, not a government decree. Such matters have historically been decided by MPs voting as individuals, not along party lines. That said, Prime Ministers have previously used their power to dictate MPs’ consciences. Ardern also allowed that removing abortion from the Crimes Act “doesn’t mean it wouldn’t have regulation that sits around it”. Quite what that would be she left unclear. But her declaration, “I want women who want access to be able to have it as a right” suggests she would leave the decision to the woman concerned. That’s a big change.”Exactly.#chooselife#ValueYourVote.nzJacinda Ardern came across as uncharacteristically doctrinaire and unwilling to recognise differing views on abortion.It was a jarring moment. She has been extremely skilful in dodging hard and fast positions, for example kicking questions of taxation to a post-election working group.She has successfully and wisely presented herself as agreeable and amenable. That’s a very good thing when trying to win as many votes as possible.But in the leader’s debate she was resolute on abortion. She declared her Government would remove abortion from the Crimes Act.The following morning she stepped back a little, accepting the vote would be a conscience one, not a government decree. Such matters have historically been decided by MPs voting as individuals, not along party lines.That said, Prime Ministers have previously used their power to dictate MPs’ consciences.Ardern also allowed that removing abortion from the Crimes Act “doesn’t mean it wouldn’t have regulation that sits around it”. Quite what that would be she left unclear.But her declaration, “I want women who want access to be able to have it as a right” suggests she would leave the decision to the woman concerned.That’s a big change.READ MORE: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11918705last_img read more

South-West Community Group is the first adopter of the ‘Friends of the Waitukubuli National Trail’ Campaign

first_img Sharing is caring! 20 Views   no discussions Share Share Sharecenter_img Tweet The South-West Community Group has created history in Dominica by being the first adopters of the ‘Friends of the Waitukubuli National Trail’; a campaign that is being spearheaded by the Waitukubuli Project Management Unit, just four months ahead of the close of the project.The goals of the mobilization drive entitled ‘Friends of Waitukubuli National Trail’ seeks to establish a support network for the WNT, particularly beyond the project’s life, to encourage a participatory approach to the well being and operation of the WNT.The campaign has as its main objectives:To launch the ‘Friends of the WNTP – adopt a segment programme,Initiate the process towards establishment of stakeholders’ support, networking systems for the WNTP,Define stakeholders’ roles and responsibilities, benefits and opportunities,Obtain the commitment of stakeholders to support operations and management of the trail and toMake recommendations towards the management system and operations of the trail.Project Manager of WNTP, Mr. Edison Henry. Project Manager of the WNT, Mr Edison Henry says while the Reform Management Unit will be working with several other stakeholders in successfully launching the programme, the sustainability of the trail depends on everyone, hence their reason for the ‘Friends of the WNT’ campaign.“The sustainability of the trail lies in the institutional arrangements required for managing, maintaining and promoting the trail, both formally and informally. To help sustain this institutional framework of this national asset, it must commensurate with a level of importance that every one of us places on it individually and as well as collectively”, says Henry.Mr Henry said that the PMU has pursued some specific activities aimed at increasing the chances of the sustainability of the trail.  The PMU will be working closely with the Land and Surveys Division, who will be the leading provider of navigation aids to the Waitukubuli National Trail.“These include the engagement of the land and surveys division to plot, to outline, to create and update trail marks for the entire trail. These also include the creation of trail profiles, creation of trail position indicators and other navigational aids to help with movement along the trail. This therefore ensures that the Land and Surveys Division possess the required institutional assets and resources they need to provide and review these aspects of the trail going forward”, outlined Henry.The South-West Community group is now a legal adopter of sections of Segments One (1) and Two (2).The Waitukubuli National Trail Project will come to a close in December 2011.The project consists of fourteen (14) segmented trails traversing the entire island, connecting some thirty-two (32) communities.A recognition and pinning ceremony is slated for October during the independence celebrations to recognize all ‘Friends of the Waitukubuli National Trail’.Interested adopters may contact the WNTP Office for registration.Dominica Vibes News LocalNews South-West Community Group is the first adopter of the ‘Friends of the Waitukubuli National Trail’ Campaign by: – August 9, 2011last_img read more

Two Car Accident At BHS; No Injuries Reported

first_imgBATESVILLE – A two car crash on State Road 46 in front of Batesville High School slowed traffic Friday morning.Crash investigators say William Allen, 19, of Batesville was attempting to turn left out of the Batesville High School parking lot when he pulled in front of a westbound vehicle driven by Anna Batta, 30, of West Harrison.Both drivers were treated at the scene by medics and further treatment was not needed.Police remind drivers to use caution when driving through school zones, especially before and after school.last_img

Heckman hauls Hanford IMCA Modified mail, Speedweek SportMod checkers fly for Curran

first_imgA spirited battle for second went to Bobby Hogge IV while Troy Foulger was third over “B” qualifi­ers Paul Stone and Alex Stanford. By Stephanie Deatherage  Kyle Heckman ruled over a field of 64 IMCA Modified entries, earning $1,000 and a Fast Shafts All-Star Invitational ballot berth for his impressive Friday night California IMCA Speedweek fea­ture win at Keller Auto Speedway at Kings Fairground. (Photo by Tom Macht, www.photofinishphotos.com) Modifieds – 1. Kyle Heckman; 2. Bobby Hogge IV; 3. Troy Foulger; 4. Paul Stone; 5. Alex Stan­ford; 6. Brian Cass; 7. Jake Pake; 8. Collen Winebarger; 9. Cody Burke; 10. Jerry Flippo; 11. Robby Sawyer; 12. Brad Pounds; 13. Bryan Clark; 14. Danny Wagner; 15. Clint Rechenbach; 16. Steve Noland; 17. Troy Morris III; 18. Andy Obertello; 19. Buddy Kniss; 20. Kellen Chadwick.  Heckman handled lapped traffic perfectly, earning $1,000 and a spot on the 2021 Fast Shafts All-Star Invitational ballot while becoming the fifth different winner in as many Speedweek events. Garrett Jernagan brought a streak of four straight Northern SportMod wins into the night but was a quick casualty after getting caught up on a multi-car crash on the original start. Curran took over the lead on the ensuing restart and, after the final caution on lap 16, was pres­sured by Nick Spainhoward.    Spainhoward mounted one last charge on the final circuit but ran out of laps.  Curran took the $750 win ahead of Spainhoward and Doug Hagio.  Brent Curran was the Karl Kustoms Northern SportMod winner in the Friday California IMCA Speed­week show at Keller Auto Speedway at Kings Fairground. (Photo by Tom Macht, www.photofinishphotos.com) Northern SportMods – 1. Brent Curran; 2. Nick Spainhoward; 3. Doug Hagio; 4. Todd Gomez; 5. Ethan Killingsworth; 6. Matt Mayo; 7. Jason Bannister; 8. Tanner Thomas; 9. Jarrod Mounce; 10. Brock Crawford; 11. Tyler Thomas; 12. Haley Gomez; 13. Ryan DeForest; 14. Justin Gonzalez; 15. Nathan Rolfe; 16. Aaron Farrell; 17. Dave Pearson; 18. Trevor Tiffee; 19. Dylan Potter; 20. Garrett Jernagan. The Modified feature ran non-stop and Heckman took control of race lead from the get-go, pulling away from the rest of the pack and never looking back.   Feature Results  HANFORD, Calif. (Aug. 14) – Round five of the California Modified Speedweek presented by Hoppes took the tour to Keller Auto Speedway at Kings Fairgrounds, where Kyle Heckman pre­vailed over a field of 64 IMCA Modified entries and Brent Curran collected his first Karl Kustoms Northern SportMod victory. last_img read more