ETRN and EQM announce shareholder and limited partner approval of merger

first_img ETRN and EQM secure shareholder approval for merger. (Credit: Pixabay/Florian Pircher.) Equitrans Midstream and EQM Midstream Partners announced that the shareholders of ETRN approved the issuance of shares of ETRN’s common stock and shares of ETRN’s preferred stock (collectively, ETRN stock issuance) in connection with ETRN’s proposed merger (Merger) with EQM. More than 99% of the total votes cast at ETRN’s special meeting were voted in favor of approving the ETRN stock issuance.In addition, at a special meeting held earlier today, EQM’s limited partners voted to approve the merger agreement in connection with the Merger. The holders of more than 83% of EQM’s outstanding limited partner interests voted in favor of approving the merger agreement, and more than 99% of the total votes cast at the special meeting were voted in favor of approving the merger agreement.The Merger is subject to customary closing conditions and is expected to close on June 17, 2020, at which time EQM’s common units will no longer be publicly traded on the New York Stock Exchange. Source: Company Press Release The Merger is subject to customary closing conditions and is expected to close on June 17, 2020, at which time EQM’s common units will no longer be publicly traded on the New York Stock Exchangelast_img read more

NROTC Midshipmen Train aboard USS Anchorage

first_img August 6, 2014 View post tag: USS Anchorage View post tag: News by topic NROTC Midshipmen Train aboard USS Anchorage Eight Navy Reserves Officer Training Corps (NROTC) midshipmen joined the crew of amphibious platform dock ship USS Anchorage (LPD 23) to learn and to experience firsthand shipboard life July 16 – Aug. 14. Authorities Back to overview,Home naval-today NROTC Midshipmen Train aboard USS Anchorage View post tag: NROTC View post tag: Navy View post tag: americas View post tag: Midshipmen Share this article View post tag: train The annual summer training program is held between academic school years and is applicable to both NROTC and U.S. Naval Academy (USNA) midshipmen. The program is designed to get the midshipmen experienced with day-to-day experiences and operations aboard Navy ships.From the ending of Rim of the Pacific (RIMPAC) to the second underway recovery test (URT-2) for the NASA Orion Program, the midshipmen were actively engaged as they sailed with Anchorage on the Pacific Ocean.Each midshipman is paired up with a crew member, called a running mate, to work with them and teach them how to assimilate smoothly into ship life.Anchorage was built at the Huntington Ingalls Shipbuilding site in Avondale, Louisiana, and is the seventh San Antonio-class amphibious transport dock ship. Delivered to the Navy on Sept. 17, 2012, the ship was commissioned on May 4, 2013, in the namesake city of Anchorage, Alaska.[mappress]Press Release, August 06, 2014; Image: US Navy View post tag: Navallast_img read more

INDIANA LIBERTARIANS WELCOME NEBRASKA SENATOR LAURA EBKE TO 2017 CONVENTION IN EVANSVILLE

first_imgThe Convention will be taking place May 5-7th at Tropicana Evansville.  Libertarians from across the state as well as country will be in attendance to elect new officers, participate in campaign related workshops, and plan for the 2018 election cycle.  The business meeting in which officers will be elected is free and open to the public.  The workshops and speaking events are open to the public as well, but will require tickets that may be purchased online.  Additional information including ticket prices and a full schedule can be found at www.lpin.org/2017convention.The Libertarian Party is America’s third largest  and fastest growing political party.  The Party was founded in 1971 on a belief of liberty, enterprise, and personal responsibility.  The Party’s platform consists of a dedication to civil liberties, personal freedom, a foreign policy of non-intervention, peace, and free trade. For additional information about the Libertarian Party visit www.lp.org.FacebookTwitterCopy LinkEmailShare Nebraska Senator Laura Ebke will give a keynote address with a message of  “All in for Liberty” at the convention banquet during the Indiana Libertarian Party State Convention on Saturday, May 6th at Tropicana Evansville.Sen. Ebke is the current head of the Nebraska Judicial Committee.  The Committee is responsible for hearing bills that deal with criminal and civil procedures, corrections issues, issues that touch on assorted civil liberties and constitutional rights.  Elected to the Nebraskan legislature in 2014 as a Republican, Sen. Ebke officially changed her party registration in 2016 to Libertarian after becoming disillusioned with the Republican Party.  Sen. Ebke felt  that most people wanted to be left alone to pursue their own interests, and that the Libertarian ideal moved in that direction.  In an open letter to her donors announcing the switch she stated “My view of conservatism has always been [based] on smaller government, lower taxes, fiscal responsibility, respect for constitutional rights.” During her time in office she has introduced and co-sponsored bills to legalize medical marijuana, partially repeal asset forfeiture, prohibit local governments from having more stringent requirements for gun possession than the state has.last_img read more

Thanks for the hospitality

first_imgDescribed by the organiser as “the ultimate foodservice and hospitality show”, this year’s Hotelympia will feature over 1,000 international exhibitors and an expected 40,000 visitors, plus a host of demonstrations, seminars and competitions. It is a chance for bakers looking to develop hotel contracts to network and learn about new products and equipment.According to marketing director David Girdler of Delice de France (stand S2740), Hotelympia is the UK’s most important business event for the foodservice and hospitality market. The company is using the exhibition to showcase a selection of more than 50 new and improved products. Some 23 new breads will be introduced, including an Italian focaccia studded with cherry tomatoes. Two French part-baked quiches, made with fresh cream and eggs, will join 10 new savoury products. More than 20 new desserts will enhance the company’s thaw-and-serve range, including fruit-flavoured mousses, pre-portioned dessert slices and American-style cheesecakes. Visitors to Bagel Nash (S2320) can sample virtually fat- and cholesterol-free bagels, and The London Bread & Cake Company (S2706) will offer sandwich breads, available as tin loaves and bloomers. A range of chocolates and cookies, including stem ginger flavour, can be found at the Lily O’Briens (SP08) stand, and cookie lovers can also indulge with The Byron Bay Cookie Company’s (S4119) award-winning offerings. Ridings of Yorkshire (S2302) also offers a cookie choice, along with flapjacks.Specialist cake decorating equipment can be seen on the Knightsbridge PME (N1140) stand and baking papers and bags are on offer from Terinex (S2810).Orders can be placed for Melitta’s (N1970) Cafina Alpha speciality coffee machine for a May delivery. Finished in matt silver, the Alpha features a touch-screen control panel and is said to be easy to operate. The modular design includes a separate cup warmer and remote, refrigerated milk container for two types of fresh milk.First Choice Coffee (S2610) is launching The Tiger and Coffee Locket models. The Tiger offers a full range of drinks, including espresso, cappuccino and latté, and features an optional coffee pod facility if required. The Coffee Locket mobile coffee station is a flexible, counter-height unit with lockable castor wheels.Cavity Protection Systems (N3365) offers a cavity plastic liner for microwave ovens, which can be removed, cleaned and replaced in the oven, protecting the entire cavity from grease and food particles. This helps users maintain a clean oven, preventing damage and reducing downtime.Enodis UK (N3250) is launching the first high-speed microwave assisted impinger oven to be designed and produced in the UK – the Merrychef EC402S. Its combination of convection heat, impingement pressure and up to 1,500 watts of microwave power means the oven cooks 10-12 times faster than conventional convection ovens. It also features a built-in catalytic converter, eliminating the need for a ventilation hood and making it operational in almost any environment. The New York Bagel Company will provide bagels on the Hatco stand (N1939), prepared in Hatco’s Toast-Qwik toaster. There’s also a chance to win a trip to New York.Perfect pizzas can be yours in just 90 seconds, says Apuro (N1910), with Whirlpool’s SmartCook Pizza Oven, an enhanced convection oven featuring a patented double-cylinder system to direct heat onto the pizza to crisp the base and melt the topping. Apuro is Whirlpool’s principle UK distributor, and will also be showing the company’s dishwashers.The new Scotsman ice machines will be launched by Hubbard Ice Systems (N3475), offering, says the company, enhanced performance, user-friendly features and greater flexibility through space-saving dimensions. Sister companies Williams and Falcon (N3140) will launch hot cooking and cold storage technologies, with a focus on energy efficiency and food safety. Along with budget-priced non-gastronorm cabinets, Williams is introducing a range of space-saving cabinets; a blown-air version of the Thermowell counter-top ingredients holder; and new models in the Jade gastronorm range.Winterhalter’s (N1630) new MT Series of dishwashers will be unveiled at the show – the company’s first ‘flight conveyor’ dishwashers. They are said to be economical in terms of using less water, energy and staff time. Regular demonstrations of Rational’s (N1610) SelfCooking Center technology are intended to show visitors how the system helps with every stage of cooking – from overnight ‘slow roasting’ of meats to keeping the unit clean with the CleanJet self-cleaning system. A strong corporate image can enhance sales, and Planglow (S2820) says the ‘it’ range of branded café products will help. The range features a Grab it Bag, Choose it 3in1 Menu, Sip it Ripplewrap Cup, Munch it Wedge and Taste it Label. The products are in shades of brown and cream to blend with existing corporate colours.And bugs will be flying scared, thanks to the Insectivoro from Mechline (N1919). Flies are attracted by the powerful light, and sucked into the trap by the vortex created by the soft-bladed fan. The unit offers no chemicals and no smells and is said to be easy to use and maintain.The free [email protected] seminar programme includes a session called Going for Gold, investigating the opportunities offered by the 2012 Olympics, while the Regional Food and Drink Pavilion will showcase some of the country’s best locally sourced food and drink. The Le Salon Culinaire International de Londres Display includes Senior and Junior Pastry and Sugarcraft Sections. The 18 Senior categories include wedding and celebration cakes, tea pastries and works in chocolate, while the nine Junior categories feature decorated and novelty cakes. If it is new skills you want to develop, a trip to the Skillery offers masterclasses in chocolate, modern pastry techniques and cutting edge sugarcraft.HOTELYMPIAwww.hotelympia.comWhen: Sunday, February 19, to Thursday, February 23Where: ExCeL, LondonOpening times:Sun 19: 10.30-17.30Mon 20: 9.30-17.30Tues 21: 9.30-17.30Wed 22: 9.30-17.30Thurs 23: 9.30-16.30Cost: £30; visitors can pre-register for free on the websiteTravel:By tube: ExCeL is connected to the Jubilee line at Canning Town via a three-minute Docklands Light Railway (DLR) journey to Custom House (for ExCeL’s west entrance) and Prince Regent station (for the east entrance). ExCeL is also connected to the Central, Northern, Circle, District and Waterloo & City lines at Bank and the Circle and District line at Tower Hill via the DLR.By train: The Silverlink train service operates between Richmond to North Woolwich via Kew, Acton, Willesden, Hampstead, Homerton, Stratford and Custom House for ExCeL.By road: ExCeL is a 10-minute drive from Tower Bridge and a 25-minute drive from Junction 30 on the M25. The venue is also easily reached from Central London via the Limehouse Link and via the M25, A13, M11, A406 (North Circular), the Blackwall Tunnel and Rotherhithe Tunnel from other parts of the country. More travel information available on the website.Organiser: Fresh RM, tel: 020 7886 3100last_img read more

Royal Thalys pioneers first 300 km/h inter-capitals route

first_imgThe final piece of the TGV Nord-Europe jigsaw was slotted into place on December 10 when an inaugural Royal Thalys carried King Albert II and Queen Paola from Brussels to Paris and back to mark completion of the 71 km Belgian section of the 314·6 km high speed route. Murray Hughes was on board,’TODAY, FOR THE FIRST time in the history of international rail transport … two capitals are directly linked by services running at 300 km/h from end to end. We are very proud of this historic fact.’ Etienne Schouppe, Chief Managing Director of Belgian National Railways, was addressing guests at Brussels Midi station before departure of the Royal Thalys special train to Paris on December 10.Up on the platform, heavy rain and leaden skies seemed inauspicious omens for a royal launch as the final preparations were made. Quietly and without fuss, the first of three Thalys PBKA four-voltage sets slid out of one of the dedicated Thalys platforms to act as ‘sweeper’ ahead of the royal train waiting opposite. Camera crews jostled for position round the red nose of Thalys PBKA set 4303 as they sought to capture on film the black, red and yellow national flag. Other media crowded on a podium next to the car bearing the Royal crest below the door window.Minutes later the royal couple walked along the obligatory red carpet, chatted briefly with the waiting train crew, and boarded. Officials hurried the other guests into the meticulously turned-out set.Departure of Train 09386 at 10.33 was 8min later than scheduled, but by 10.46 the special was on the freshly built high speed line beyond Lembeek. Driver Walgraef at once opened up, and at 10.48 an SNCB official announced that the train had reached 300 km/h. Back in Brussels, and unnoticed by the press, a reserve Thalys unit set out for Paris.Sound barriers briefly obscured the view as the train sped towards France, but when the sodden landscape reappeared there were only leafless poplars and heaps of sugar beet to break up the plain. Staff at the lineside in yellow high-visibility jackets offered a flash of colour against the monochrome background.On board, hostesses in mauve Thalys uniforms began serving champagne and canapés at 10.50, coming into unfortunate conflict with prowling TV crews.A rock-steady ride belied the rate of progress, and attempts to detect the transition from Belgian to French track proved fruitless. There was a brief glimpse of the Fretin triangle outside Lille, and at 11.06 a Eurostar passing to a backdrop of the distinctive slagheap at Hénin-Beaumont confirmed we were well inside France. Set 4303 streaked through the mist and rain towards Paris.French pageantryGare du Nord was filled with sound and colour. The Royal couple arrived to a red carpet welcome with a guard of honour; military bands played the Belgian and French national anthems.While protocol and officialdom dominated the proceedings, there were other questions to be asked. The train had made up all 8min of the late start, and journey time from Brussels Midi was just 78min and 46sec. Enquiries to the traction inspector in the cab about the maximum speed attained prompted the response ‘strictly no more than 300 km/h’, but the driver’s grin and twinkling eyes told a different story.The royals were whisked off for lunch at the Elysée, and other mortals were bussed, with police escort, to a venue on the other side of Paris. Return to the Gare du Nord was by the same method, much to the anxiety of a very senior officer of French National Railways who was heard to remark to his Belgian counterpart that he was getting SNCF a bad name among Parisians for holding up the traffic.Arrival back at Nord found set 4303 turned so that the Royal couple could again travel in a specially turned out car near the front of the train. The ‘sweeper’ left at 15.50, followed by the Royal special at 15.58.The graffiti-covered walls of the Paris suburbs were soon lost to view, and by 16.20 the clouds were breaking to reveal shafts of sunlight and glimpses of pale blue over the gently rolling countryside. The train’s long shadow appeared briefly in the lineside fields as Thalys staff served juice, coffee and patisseries. Cars and lorries on the crowded autoroute du nord parallel to the TGV line appeared at a standstill as we swept past in the gathering twilight.At 17.05 the brakes squealed for the approach to Brussels, and piped music stirred those who had dozed off after their midday feasting. The Brussels Eurostar terminal appeared brightly lit out of the gloom as the Thalys set drew up in Midi station, but in contrast to those journeying from London, no passport or other checks awaited those who had left Paris just 78min earlier. CAPTION: Flag-bedecked Thalys PBKA set 4303 after arrival at Paris Gare du Nord on December 10CAPTION: His Majesty King Albert II (right) and Queen Paola wait to board. Belgium’s Royal crest adorned the entrance to the Royal coach (inset)CAPTION: President of French National Railways Louis Gallois (right) confers briefly with Chief Managing Director of Belgian National Railways Etienne Schouppe before the Royal Thalys returned to BrusselsLe Thalys royal inaugure la dernière liaison du TGV Nord EuropeLe roi Albert II et la reine Paola de Belgique ont ouvert officiellement la section belge de la ligne à grande vitesse Paris – Bruxelles le 10 décembre lorsqu’ils ont fait le trajet entre les deux capitales en 1h 18minutes dans un train Thalys royal spécial. Les services réguliers sont passés sur la nouvelle ligne en Belgique le 14 décembre, réduisant la durée du trajet entre Paris – Bruxelles, Paris – Cologne et Londres – Bruxelles. Les cinq sociétés de chemins de fer impliquées prévoient une solide croissance du trafic au fur et à mesure que les voyageurs profiteront de la première ligne à grande vitesse internationaleKöniglicher Thalys eröffnet letzte Verbindung von TGV Nord EuropeAm 10. Dezember wurde der belgische Abschnitt der Hochgeschwindigkeitsstrecke zwischen Paris und Brüssel offiziell von König Albert II und Königin Paola von Belgien auf einer Reise in einem königlichen Thalys-Sonderzug zwischen den beiden Hauptstädten eröffnet, die 1Stunde und 18Minuten dauerte. Der fahrplanmä§ige Verkehr ging vom 14. Dezember an zur neuen Strecke in Belgien über und verkürzt die Reisezeiten zwischen Paris – Brüssel, Paris – Köln und London – Brüssel. Die fünf beteiligten Eisenbahnen sagen eine starke Verkehrszunahme voraus, wenn Reisende die Vorteile der ersten internationalen Hochgeschwindigkeitsstrecke in Europa nutzenRoyal Thalys inaugura el enlace final en el TGV Nord EuropeEl Rey Alberto II y la Reina Paola de Bélgica abrieron formalmente la sección belga de la línea de alta velocidad París – Bruselas en 10 de diciembre cuando viajaron en un tren Royal Thalys especial entre las dos capitales en 1hora y 18minutos. Los servicios regulares cambiar? n a la nueva línea belga desde el 14 de diciembre, recortando la duración del viaje entre París – Bruselas, París – Colonia y Londres – Bruselas. Se prevé que los cinco ferrocarriles participantes disfruten de un gran crecimiento del tr? fico desde el momento en el que los pasajeros aprovechen la primera línea de alta velocidad internacional de Europalast_img read more

Dutch pension funds may be ‘forced’ to draw on foreign board expertise

first_imgDutch pension funds may be forced to call on foreign board expertise as they face hundreds of potential board vacancies over the next 2-3 years, experts have warned. During a recent seminar on governance organised by asset manager F&C, several experts on a discussion panel responded positively to a suggestion from the audience that Dutch schemes should consider drawing on foreign board expertise.The discussion followed the prediction by Maas Simon, a partner at pension board consultancy Xudoo, that increased legal demands with respect to board-member expertise and time constraints – as well as the ageing of serving board members – would lead to 500-600 vacancies over the next few years.Mike van Engelen, a partner at pensions adviser Montae, said: “Foreign expertise is worth considering, as many themes within the international pensions sector are similar.” However, he argued that cultural differences would first need to be overcome.His view was echood by Casper van Ewijk, director at Netspar, the network for pension researchers and professionals, who suggested new people could provide a fresh look at old issues.Xander den Uyl, former vice-chairman of the €300bn civil service scheme ABP, pointed out that international expertise was already being used for investment decisions, while Tim Kamphorst, a headhunter and partner at The Executive Network, suggested that foreign experts might be deployed in asset management.“But it is unlikely that they can contribute in areas such as pension arrangements and specific Dutch legislation, including the financial assessment framework FTK,” he told IPE.However, a significant majority of the attending pensions professionals rejected the possibility of recruting top board members abroad.Jan-Jaap Dahmeijer, superviser at pensions regulator De Nederlandsche Bank, questioned whether Dutch schemes were putting sufficient effort into finding independent and capable board members.“Currently, women are hardly represented on the boards of pension funds,” he added.last_img read more

Philips pension fund ramps up risk in bid to strengthen financial position

first_imgCurrently, the liability-matching portfolio accounts for 70% of the scheme’s assets, divided across euro-denominated bonds (62.5%), global government bonds (15%), credit (15%) and Dutch mortgages (7.5%).The portfolio’s aim is to finance 64% of the pension fund’s nominal liabilities.The scheme’s remaining assets have been placed in the return portfolio, meant to finance remaining liabilities, unexpected inflation, longevity risk and indexation. The return portfolio consists of equity, property, emerging market debt and high-yield credit.The new investment mix is expected to generate an extra return of 0.5-1 percentage points, according to the spokeswoman. Following the pension fund’s increased risk profile, its required coverage ratio – currently 107% – should rise, the scheme said.The Philips Pensioenfonds, which has a funding of 115% at the moment, said its financial position had gradually deteriorated as a consequence of its predominantly risk-avoiding investment portfolio.Since 1 January, the scheme has offered a collective defined contribution plan, with the employer contributing 24% of the combined salaries but not required to meet any shortfall.The pension fund reported a second-quarter return of 5.4%.It said its liabilities portfolio generated 6.2% due to falling interest rates, and that its return portfolio delivered 3.6%.The pension fund has also changed its board set-up, following the introduction of new legislation for pension fund governance on 1 July.Since then, it has had an independently chaired non-executive board of employer, social partners and pensioners, and an executive consisting of its chief executive and CIO as independent experts.The Philips pension fund has 57,400 pensioners and 31,300 deferred members, as well as 14,200 active participants.The scheme reported an investment result of 0.9% over 2013, following a 4.3% loss on its liabilities portfolio and a 14.3% return on its return holdings. The €16.7bn pension fund for electronics giant Philips is looking to improve its financial position by scaling back its risk-avoiding fixed income portfolio in favour of riskier investments. As a consequence, it is to replace some of its holdings in euro-denominated bonds with UK and US government bonds, as well as credit.In addition, it plans to exchange some bonds for equity, it said. A spokeswoman for the scheme told IPE the adjustment of the investment mix must result in a 60% liability-matching portfolio and a 40% return portfolio. last_img read more

Wärtsilä Boasts Strong Scrubber Demand ahead of 2020 Sulphur Cap

first_imgFinnish technology group Wärtsilä is cashing in on increasing demand for scrubbers driven by the approaching IMO 2020 sulphur regulations.“This boosted order intake in both Marine Solutions and Services. Marine Solutions’ orders were further supported by the continued high level of activity in the cruise and ferry segment. “In the energy markets, postponed investment decisions for certain projects adversely affected Energy Solutions’ order intake. Nevertheless, a healthy project pipeline provides confidence in improved activity going forward,” Jaakko Eskola, President and CEO of Wärtsilä said in the company’s latest business report.Wärtsilä is one of the three largest suppliers of scrubbers on the market, which together with Alfa Laval and Yara Marine, holds over 50 percent of the market share.Related: Scrubbers Winning Owners’ Hearts ahead of 2020 Sulphur CapDuring the third quarter of the year, the company’s overall order intake was stable standing at EUR 1.37 billion. Net sales increased 13% to EUR 1.33 billion year-on-year.For the nine-month period, order intake increased 7% to EUR 4.43 billion year-on-year and net sales recorded an increase of 5% to EUR 3.64 billion. Order book at the end of the period increased 16% to EUR 5.91 billion.Moving forward, the company expects the demand for its services and solutions in 2018 to improve somewhat, driven mainly by the global shift towards renewable energy sources and increasing electricity demand in the emerging markets.The company’s current order book for 2018 deliveries amounts to EUR 1.36 billion and is comprised mainly of equipment deliveries.last_img read more

Coronavirus: Japan to lose $12.9billion in Olympic cancellation

first_img Promoted ContentThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreCouples Who Celebrated Their Union In A Unique, Unforgettable Way11 Most Immersive Game To Play On Your Table TopWhat Happens When You Eat Eggs Every Single Day?The Top 9 Oddest Underwater Discoveries No One Can Explain7 Ways To Understand Your Girlfriend BetterCan You Recognize These Cute Celeb Baby Faces?Which Country Is The Most Romantic In The World?5 Of The World’s Most Unique Theme Parks7 Universities In The World Where Education Costs Too MuchThe 10 Best Secondary Education Systems In The World8 Superfoods For Growing Hair Back And Stimulating Its Growth Hosts of the 2020 Olympics Japan are likely to lose about 1.35 trillion yen (about 12.9billion dollars) should the event be cancelled due to the ravaging effect of Coronavirus it has been revealed. At the end of 2019, organisers estimated the total cost of the Games at around 1.35 trillion yen. That is divided between the city of Tokyo, which is paying 597 billion yen, the Japanese organising committee, which contributes 603 billion yen and the central government, which is paying 150 billion yen. But the actual costs for the country have been hotly debated, with a widely publicised audit report estimating national government spending from the bid in 2013 until 2018 at 1.06 trillion yen, nearly 10 times the budget. Japanese businesses have also poured money into the event in sponsorships, paying out a record 348 billion yen. And that figure doesn’t include the partnerships signed between major companies and the International Olympic Committee for rights to sponsor several Games. Among those are giants including Japan’s Toyota, Bridgestone and Panasonic. According to analysts at Capital Economics, one key factor to consider in terms of how a cancellation might hit Japan’s economy is that most of the spending has already happened. Loading… center_img Economists at research firm Nomura already predict a 0.7-percent contraction in GDP for the 2020 calendar year, but warn that could be up to 1.5 percent if the Games are cancelled. Olympic Ministers Seiko Hashimoto postponement being considered as against cancellation Takashi Miwa, an economist at the firm, told AFP the main impact would be on domestic spending, because a cancellation of the Games “would badly affect Japanese consumer confidence”. So far 4.5 million tickets have been sold in Japan, with around 7.8 million expected to be sold overall, 20 to 30 percent of them internationally. Japan’s tourism ministry in 2018 projected around 600 000 foreign spectators would come for the Olympics. Organisers are tinkering with the idea of postponing the Games to later in the year as worst case scenario. Olympics minister Seiko Hashimoto has said Japan’s agreement with the International Olympic Committee to host the 2020 games could be deferred until the winter. Read AlsoCancelling Tokyo Olympics ‘inconceivable’: Japan minister “The contract calls for the games to be held within 2020. That could be interpreted as allowing a postponement,” the minister said in response to a question in parliament. FacebookTwitterWhatsAppEmail分享 last_img read more

All lanes closed on Federal Highway in Deerfield Beach due to gas leak

first_imgFederal Highway in Deerfield Beach is currently shut down in both directions after  construction workers accidentally struck a gas line near Northeast Eller Street.Chief Michael Kane of the Fire Rescue Battalion in Broward told Local 10 that the pipe affected supplies gas to a nearby shopping center.Authorities are currently working to contain the leak, however, all southbound and northbound lanes are closed north of Hillsboro Boulevard.This is a developing story.last_img