19-year-old Nicolo Zaniolo was lost for words after scoring both of AS Roma’s goals in their 2-1 first win over FC Porto in their last-16 Champions League tie.The Italian midfielder, who arrived at Roma last summer from Inter Milan as part of a trade deal for Radja Nainggolan, proved to be the difference at the Stadio Olimpico on Tuesday night for the Giallorossi with two second-half goals.Zaniolo got his first of the game in the 70th-minute after controlling Edin Dzeko’s pass and then slotting the ball past former Real Madrid keeper Iker Casillas.The teenager got his second six minutes later after Dzeko’s effort from 20 yards out hit the post for Zaniolo to then put it away to become the youngest Italian player to score a double in a Champions League match and help seal Roma a 2-1 first leg win over Porto.“I have no words, it’s a memorable day. I’ll never forget it in my life,” Zaniolo told Sky Sport Italia.“Now I want to focus on the return leg because the goal we gave up can be bothersome. We have to play like we did today without conceding anything to the opponents.“We had prepared it this way. I ran a lot, but I’m happy for the result. It’s a unique emotion to score under the Curva Sud, I can’t describe it. I hope to score many more.”Roma captain Daniele De Rossi also paid tribute to the youngster in what was also his first knockout Champions League game.“It’s another small milestone, perhaps not even a small one, that adds to what he is showing game after game and even training session after training session,” De Rossi said.Top 5 Atletico Madrid players to watch in next week’s UCL Tomás Pavel Ibarra Meda – September 14, 2019 With the Champions League about to start, we need to start talking about the Top 5 Atletico Madrid players to watch in the competition.Atletico…“He has an incredible natural physique for someone who is only 19 and also has great technical quality.“In my opinion, as perhaps with everyone now, he is already a very good player – and can become a great one.”Substitute Adrian Lopez capitalised on Tiquinho Soares’ mis-hit shot to score a crucial away goal for Porto to settle the scoreline at 2-1.The return leg between Porto and Roma will take place at the Estádio do Dragão in Portugal on March 6.😮 Remember the name!🇮🇹 Nicolò Zaniolo = youngest Italian player to score 2 goals in a #UCL match ⚽️⚽️ pic.twitter.com/VUyYpQ1Xop— UEFA Champions League (@ChampionsLeague) February 12, 2019
.Unnayan Onneshan (UO), an independent multidisciplinary think-tank, has said the proposed budget for 2018-19 fiscal year lacks measures necessary to address the macroeconomic, medium term and institutional challenges the economy is facing.”The budget speech seems to lack providing prudent and farsighted solutions to the current challenges except it earmarks ambitious targets of expenditure amidst inefficient distribution of resources and cost overrun,” it said its rapid assessment of the new proposed national budget.Inequality has widened on the back of the gap between return on capital and return on labour on the one hand and the persistent primitive accumulation in the form of looting in different sectors of the economy on the other, the think-tank said.Institutional fragility has been evident in the economy, leading different economic sectors to fail to maintain discipline, it said, adding that institutional fragility and political uncertainty are contributing to lack of confidence among investors and entrepreneurs.The UO said in the wake of parliamentary elections, investors may adopt wait-and-see policy about making investment since they are fearful about the process of the transition of power and the subsequent business environment recalling the situation after the national election back in 2014.It said incapacity to implement the budget has been a major challenge in recent years. The rate of implementation has assumed a decreasing trend since FY 2011-12. In FY 2011-12, budget implementation rate was 93 per cent which decreased to 91 per cent in FY 2012-13, 85 per cent in FY 2013-14, 82 per cent in FY 2014-15, 81 per cent in FY 2015-16 and 79 per cent in FY 2016-17.Despite the increasing trend in tax revenue over the years, the tax-GDP ratio is very low compared to global average. In FY 2015-16, Tax-GDP ratio in Bangladesh stood at 8.98 per cent, while it increased slightly to 9 percent and 10.39 per cent in FY 2016-17 and FY 2017-18 respectively.Bangladesh has a regressive tax structure where people with low income have to share relatively larger share of the tax burden due to different forms of indirect taxes. In 2018-19 budget, revenue from income tax and VAT has been estimated to be Tk 1,007.19 billion and Tk 1,105.55 billion respectively. In FY 2018-19, 34 per cent of total NBR revenue would come from taxes on income and profit whereas 53.79 per cent would come from indirect sources, including Value Added Tax and Supplementary Duty, together.The budget has set a target of collecting Tk 3,392.80 billion as revenue receipts. The target seems to fall short since a gap between revenue target and actual collection has been regular, the think-tank said.In the first nine months of the current fiscal year, the revenue collection stood at Tk 1,440 billion against a target of Tk 1,670 billion leaving a shortfall by Tk 230 billion.About the rising operating expenditure, the UO evinces that in the budget for FY 2018-19, a total of Tk 1122.66 billion has been proposed for salary and allowances and interest repayment which constitutes 24.17 per cent of the total budgetary outlay. In addition, in the proposed budget for FY 2018-19, operating expenditure grows by 21 per cent while development expenditure registers a 13 per cent growth.It mentioned that it has been regular phenomenon in Bangladesh that the mass people fear national budget. This is because budget has been the occasion of increase in price of many necessities either directly or indirectly.The measures taken in the budget 2018-19 is likely to increase price of some 19 commodities while reducing price of some 14 commodities.While national budget is directly linked to the living standard of the mass, they have little stake in the formulation of budget. Lack of fiscal accountability in Bangladesh due to limited role of the parliament in budget-making process together with constitutional and systematic rigidities results in inefficiency, poor implementation of budget and misuse of public resources, the think-tank said.It said due to persistent depreciation, the local currency has been exposed to serious pressure. In 2017, local currency has experienced a depreciation of 5 percent against US Dollar. In May 2018, the exchange rate has stood at Tk 83.70 per USD which was Tk 80.69 in August 2017. Depreciation of local currency has added to the inflationary pressure on the mass.Sluggish export growth and cut in the inflow of wage earners’ remittance along with high import payment is exerting pressure on the current account balance. Referring to the deficit in current account balance, the think tank finds that the current account balance recorded a deficit of USD 7.08 billion during July-March, 2017-18 due mainly to a significant trade deficit and lower income from services and primary income accounts compared to that of July-March, 2016-17.High inflationary pressure is increasing the cost of living, thus gradually degrading the living standard of the mass by lowering the consumption capacity of the people with limited income. Statistics suggest that twelve-month average inflation increased to 5.83 per cent in April 2018 from 5.82 per cent in March 2018.Observing institutional fragility in the banking sector due to massive irregularities followed by rise in default loans and resulting capital shortfall, the UO shows that at the end of 2017, total default loans in the banking sector stood at Tk 743.03 billion, representing 9.31 per cent of the gross loan, compared to Tk 621.72 billion in the previous year.Amid chaotic situation in the country’s financial sector and political uncertainty ahead of the national election, foreign investors are increasingly making exit from capital market, the UO said.Private sector investment has been remaining stagnant at below 23 per cent for a decade. It stood at 22.07 per cent of GDP in FY 2014-15, 21.78 per cent in FY 2015-16, 23.1 in FY 2016-17 and 23.25 per cent in FY 2017-18.Meanwhile, it is found that net Foreign Direct Investment (FDI) has slumped recently. In 2017, FDI has declined by 7.76 per cent compared to that in the previous yearThe economy of Bangladesh is missing the opportunity to capitalise its demographic dividend. While the GDP growth figure is impressive, the poor rate of quality job creation is characterising it as jobless growth. The economy is presenting disconcerting job scenario with a huge number of people remaining out of work.Referring to the state of jobless growth, the research organisation notes that unemployed population increased to 2.68 million in FY 2016-17 while 1.46 million remained underemployed. In addition, the number of people not in education, employment or training rose to 48.28 million in FY 2016-17, representing 44.25 per cent of the people who are able and ready to work, from 46.6 million in FY 2015-16.If not dealt with effectively, income inequality together with inequality in access to health and social security, multidimensional poverty, and joblessness particularly among the youth may undermine the development already achieved by the county, comments the UO.Calling for prudent and farsighted fiscal management, the research organisation states that proposed actions are inadequate to bring fiscal discipline in the management of revenue, deficit and debt one the one hand and to establish an inclusive society in the absence of distributive reforms in the tax system on the other.
May 23, 2013 4 min read This story appears in the June 2013 issue of . Subscribe » Sustainability » Love & Connecting » Invention » Urban Life »Rural LifeFood & Beverage » Work Life » Gaming » Crowdsourcing & Collaboration » Sports & Recreation »Here’s a crazy idea: Combine 3-D printing and tissue engineering to “print” animal products and tackle some of the planet’s biggest problems. Animal farming, after all, accounts for about half of all human-caused greenhouse gases, taking place on one-third of the available, non-frozen land on Earth. All to feed people’s appetites for 300 million tons of meat a year.Enter Gabor and Andras Forgacs, father-and-son founders of Modern Meadow, a company they started in 2011 that may very well be the model for the farm of the future.Five years earlier they helped start Organovo, a firm that makes human tissues for pharmaceutical research and other medical applications, and was a commercial spinoff of Gabor’s pioneering work at the University of Missouri in “bioprinting,” which he describes as “extending biological structures in three dimensions.” Modern Meadow’s output is based in part on this work. On a basic level, the process involves using 3-D printing to deposit clumps of cells into patterns of tissue. The particles fuse post-printing–similar to cell development in embryos. Unlike Organovo’s final products, which must be kept alive, Modern Meadow’s postmortem animal tissues are simpler to build and faster to market.Leather, a $60 billion trade globally, is first on the agenda. “What we build is skin, or hide, and we do this elaborate game to turn it into leather,” explains Gabor, who serves as chief scientific officer of Modern Meadow, which is based in Columbia, Mo., and Moffett Field, Calif. A prototype material will debut later this year, so the company is currently focused on building out commercial relationships. “Our goal after that is to be able to do a limited production run and to incorporate [the leather] into fashion accessories and apparel in 2014,” says Andras, CEO. “Then, it’s all about scaling.”Interest has been resounding. Large manufacturers and designers of apparel and accessories–even automotive manufacturers–stand to benefit from a more efficient leather supply chain. For consumers, fabricated leather could alleviate environmental and animal-welfare concerns.Meat is a longer-term project but should have similar financial blessings. On the research side the company has garnered equally keen interest, winning competitive grants from the National Science Foundation and the U.S. Department of Agriculture, and scoring funding from organizations like Peter Thiel’s Breakout Labs. “The grants were approved and awarded with the speed of light,” Gabor says, noting how extraordinary it is for research to be backed with such “glowing fanfare.” To date, Modern Meadow has received $2 million in funding, an amount that should skyrocket as the company completes its prototypes and pursues further phases of grant funding from Small Business Innovation Research. “It illustrates where we stand,” Gabor declares, “that what we are doing is timely, we have the right reputation, and it is of interest to society.”More Rural BrillianceFreight FarmsFreight Farms upcycles shipping containers into stackable modular mini-farms, reducing the footprint required for growing crops and allowing for locally grown produce in urban areas.Wide Open SpacesA deal site for hunting and fishing gear, Wide Open Spaces also curates under-the-radar brands.AgLocalAgLocal scored $1 million in funding last year from Andreessen Horowitz for an online platform that allows local and family farms to sell responsibly raised meat directly to consumers.Rent-a-Goat.comOnline directory Rent-a-Goat.com lists herders around the world who rent out their goats for clearing away unwanted brush and weeds, as an eco-friendly alternative to machinery or chemicals.Kusa”Syn-turf” flip-flops from Kusa make you feel like there’s grass beneath your feet.Front Yard CoopThe Full Monty by Front Yard Coop: A solar-powered, self-propelled coop that moves around the yard to provide birds with fresh foraging, while a fence keeps them safe from predators.FarmersOnly.comDating site FarmersOnly.com solves the problem of how to meet someone when you work on a farm all day.WildBlueWildBlue, part of the Exede internet service, offers high-speed internet to rural communities (virtually every home and small business in the contiguous U.S.) via satellite; no need for cable or phone lines.MetwitThe Metwit iOS and web app aggregates weather information from users who report local conditions (including photos); a smart push notification system makes it the first crowdsourced severe-weather alert system. Register Now » Growing a business sometimes requires thinking outside the box. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global
Tags: Contests, Trafalgar Monday, April 16, 2018 Posted by Tweet Travelweek Group [PEOPLE] Trafalgar draws winner of ‘Best of Devon and Cornwall’ contest TORONTO — Greg Seid from Expedia CSC Kerrisdale is the lucky winner of Trafalgar’s travel agent contest that ran in the 2018 Europe Edition of Travel Professional.Trafalgar’s ‘Best of Devon and Cornwall’ is an eight-day tour that will include visits to Royal Windsor, the Roman Baths in Bath, Longleat house in Warminster, Lacock village, the seaport of Bideford, the artists’ colony of St. Ives, the stone circle at Stonehenge and John Constables in Salisbury.“We were so surprised and thrilled by Travelweek’s e-mail regarding my win of the eight-day Best of Devon and Cornwall – Trafalgar Guided Vacation. We have sold Trafalgar Tours before and now to truly experience it ourselves will be wonderful,” said Seid about his win.For more about Trafalgar, go to trafalgar.com.For more travel agent contests, go to travelweek.ca/contests. << Previous PostNext Post >>