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Saudi King Salman held a cabinet meeting via video call from hospital in the capital Riyadh on Tuesday, a day after the 84-year-old monarch was admitted with what state media said was inflammation of the gall bladder.Three Saudi sources had previously told Reuters that the king was in stable condition.A video of the king chairing the meeting was broadcast on Saudi state TV on Tuesday evening. In the video, which has no sound, King Salman can be seen behind a desk, wordlessly reading and leafing through documents. A diplomatic source said the kingdom’s de facto ruler Crown Prince Mohammed bin Salman flew back to Riyadh on Monday from his palace in the Red Sea city of NEOM, cancelling a planned meeting with a visiting Iraqi delegation.The diplomatic source and the third Saudi source said the crown prince was still in the capital.King Salman last spoke publicly on March 19 in a five-minute televised address about the coronavirus pandemic. State media have published pictures and videos of the king chairing online weekly cabinet meetings. Media have also carried images of the crown prince attending those meetings online.King Salman, the custodian of Islam’s holiest sites, spent more than 2-1/2 years as the Saudi crown prince and was deputy prime minister from June 2012 before becoming king. He also served as governor of the Riyadh region for more than 50 years.He named his young son Mohammed as crown prince to become next in line to the throne after a 2017 palace coup that ousted then-Crown Prince Mohammed bin Nayef.Topics : The king, who has ruled the world’s largest oil exporter and close US ally since 2015, was undergoing medical checks, state media on Monday cited a Royal Court statement as saying without further details.Three well-connnected Saudi sources who declined to be identified, two of whom were speaking late on Monday and one on Tuesday, told Reuters the king was “fine”.An official in the region, who requested anonymity, said he spoke to one of King Salman’s sons on Monday who seemed “calm” and that there was no sense of panic about the monarch’s health.King Salman received phone calls from the leaders of Kuwait, Bahrain and Jordan on Monday, state media reported.
Granit Xhaka starred in Arsenal’s recent 2-0 win over Manchester United (Picture: Getty)Emery is likely to be afforded a transfer budget of around £50m to work with in the summer, but that could be boosted by player sales and Champions League qualification, should he achieve it.The former PSG boss is said to have already decided he intends to send Denis Suarez back to Barcelona instead of making his loan move from Barcelona a permanent one at the cost of £18m and will reignite his interest in France Under-21 international Christopher Nkunku.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 Advertisement Granit Xhaka has hinted he is considering his Arsenal future (Picture: Getty)Arsenal fans have been rocked by Granit Xhaka’s shock admission that he is considering a future transfer away from the club.The Switzerland international has cemented a place at the heart of Unai Emery’s midfield this season, despite the summer arrivals of Matteo Guendouzi and Lucas Torreira.Xhaka has been entrusted with the captain’s armband on several occasions and put in one of his most accomplished performances in an Arsenal shirt during the recent win over Manchester United which moved the Gunners to within one point of third placed Tottenham in the Premier League table.Despite his status as one of Emery’s most trusted foot soldiers, Xhaka revealed on Friday that he has ambitions to play elsewhere before the end of his career.AdvertisementAdvertisementADVERTISEMENTMore: 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‘I’m very ambitious, I want to take the next step, Arsenal does not have to be the last stop,’ he told Tagblatt.According to Football.London, however, Arsenal have no intention of selling the 26-year-old, who signed a new long-term contract last summer, committing his future to the Gunners until 2023.Arsenal would only entertain an offer well in advance of the £33.8million they paid Borussia Monchengladbach for his services in the summer of 2016. Comment Arsenal’s Granit Xhaka transfer stance revealed after shock admission Metro Sport ReporterSaturday 23 Mar 2019 3:46 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link142Shares Advertisement
The RvT also recommended the pension fund increase its independence from pensions manager TKP Pensioen, which provides administration, as well as board support and advice.Schilthuis said the board would address the issue by demanding separate reporting on pensions administration and advice.Recently, the DNB suggested in a survey that Dutch pension funds should do more to tackle so-called “integrity risks”, including conflicts of interest, corruption and fraud.Its own pension fund had been among the 25 schemes covered in the survey.The board said its own evaluation of the pension fund’s performance and governance had shown that the time required to run the scheme, the availability of expert board members and relatively high implementation costs had created “bottlenecks”.It said it dealt with the problem by increasing board support from its internal advisers.Meanwhile, according to its annual report, the DNB scheme returned 29.3% in 2014 due largely to its 93% interest hedge through fixed income investments, as well as interest swaps.Its sizeable allocation to European government bonds returned 21.7%, with holdings in long-duration bonds returning 31.4%.Equity and property returned 10.9% and 1.5%, respectively.The board said it would increase the scheme’s risk profile to improve its indexation potential by raising its equity allocation from 17.5% to 25%, while lifting its property allocation from 3% to 5%.It said the adjustments would come at the expense of exposure to long-duration government paper.Following its decision to switch to passive investment, the pension fund reduced the number of equity managers from three to one, who would invest against a “broad and diversified global index”.It said a passive strategy would also be applied for its real estate portfolio through global exposure to real estate investment trusts.The Stichting Pensioenfonds DNB has 1,990 active participants, 1,300 pensioners and 1,510 deferred members.Its current policy funding stands at 117.3%. The board of the €1.6bn pension fund of Dutch regulator De Nederlandsche Bank (DNB) has said it will look into a potential conflict of interest respecting its use of BlackRock as both fiduciary manager and asset manager for some of its investment funds. The board’s statement came in response to a critical report compiled by the supervisory board (RvT), which recommended reducing the scheme’s “dependency” on BlackRock, which it deemed a “concentration risk and a cost risk”.Floris Schilthuis, independent chairman of the board, said: “We take the RvT’s recommendations seriously and will take steps to improve checks and balances if necessary.”However, he also argued that potential risks to the fund had lessened after the board switched to a “predominantly passive” investment style, which includes passive fixed income funds managed by BlackRock.
Share on: WhatsApp Seoul, South Korea | AFP | Tottenham Hotspur’s South Korean striker Son Heung-min will report to a marines boot camp later this month to fulfil military service duties, a report said Thursday.All able-bodied South Korean men are obliged to serve in the military for nearly two years, making up the bulk of Seoul’s 600,000-strong forces — who face off against North Korea’s army of 1.3 million.But Son was spared a career-threatening stint as a conscript when South Korea took gold at the 2018 Asian Games in Indonesia, earning the team an exemption.The Spurs star broke down in tears of joy after the 2-1 extra-time win over Japan, which meant he could fulfil his obligations with just three weeks’ basic training and around 500 hours of community service.The 27-year-old’s Premier League season ended even before the coronavirus outbreak spread to Europe when he broke his arm against Aston Villa on February 16, and Spurs said he returned to South Korea for “personal reasons”. Son will report to a marines boot camp on the island of Jeju on April 20 for his basic training, an industry source told the South’s Yonhap news agency.He posted images online Wednesday of himself exercising on what appeared to be a large balcony, skipping and stretching.The Premier League is postponed until at least April 30 because of the pandemic and is likely to be delayed even longer when the English game’s stakeholders meet on Friday. FILE PHOTO: Son Heung-min
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