RONALDO MATCHES MESSI AS SCORING CURSE IN KNOCKOUT ROUNDS CONTINUES

The Portugal superstar joined his Argentina rival in exiting the world Cup on Saturday with neither ever having scored within the knockout rounds

Cristiano Ronaldo and Lionel Messi have long been connected as high-quality rivals for the crown of greatest ever, however the 2018 world Cup will see them exit with a similar mark on their record.

Hours after Messi’s world Cup came to an end with a 4-3 defeat to France, Ronaldo and Portugal fell 2-1 to Uruguay, that means the real Madrid superstar will no longer be able to add to his stunning trophy case in Russia.

It was no longer for lack of attempting as Ronaldo tried six shots inside the contest, which was one more than Uruguay as a team had on the night. But, best one hit the goal, and was saved, leaving Ronaldo with out a goal for the second straight game.

Even as Ronaldo got off to a fast start in Russia, scoring a hat-trick in Portugal’s 3-3 opening draw with Spain, and the winner in a 1-0 victory over Morocco, he persisted and unfortunate tradition against Uruguay of failing to score in the knockout rounds of the world Cup.

It is a distinction that he shares with his Barcelona rival, whose scoreless outing against France meant he had failed to find the net in 8 knockout round games.

Ronaldo went scoreless in the 2006 knockouts, with Portugal beating Netherlands 1-0 and getting by way of England in a scoreless contest that went to penalties before then losing to France within the semi-final. Ronaldo additionally didn't score in a 3-1 third-place game loss to Germany.

In 2010, Ronaldo was one and done within the knockouts, as eventual champion Spain bounced Portugal 1-0 on the strength of a David Villa goal in the round of sixteen.

Ronaldo played a big part in Portugal getting 4 points in the 2014 group level, with an assist to earn his country a draw against the united states and the game-winning goal against Ghana, however they in the end completed third of their group and missed the knockout level.

Now in 2018, his streak will keep after Edinson Cavani’s brace ensured Portugal are yet again out in the round of 16, though Ronaldo has had two fewer opportunities than Messi.

In overall, Messi went 756 minutes within the business end of the world Cup without scoring and Ronaldo 514 minutes.

At 33 years old, the loss to Uruguay may additionally have been Ronaldo's last chance at finally breaking that knockout spherical duck, as neither he nor Messi, who is 31, are guaranteed to be playing in the 2022 world Cup in Qatar.

Lionel Messi reminded of Cristiano Ronaldo world Cup success in mural outside hotel

The pressure of seeking to match Portugal's Cristiano Ronaldo is following Argentina superstar Lionel Messi anyplace he goes. And now he has a permanent reminder just outside his motel room in Kazan.

BBC journalist Richard Conway tweeted a picture of the scene that the Argentina players will look out on. And from a positive angle, it is extraordinary.

According to him: "The Ronaldo mural was painted for Confederation Cup last year, when Portugal stayed right here in Kazan. The Messi mural was added  days ago -- along side the phrases..."

That is one very smart mural painter. And clearly not an Argentina fan either.

Here’s why FIRS paid back more than ₦1bn to a few insurance companies

Some insurance corporations have acquired refunds to the tune of ₦1 billion from Nigeria’s Federal Inland revenue service (FIRS), following lawsuits of excessive taxation.

This was disclosed via the Chairman of the insurance association of Nigeria (NIA), Eddie Efekoha, who spoke to some journalists in Lagos, recently. According to him, the erroneous taxation befell after the 2007 recapitalisation of the insurance industry.



He went further to reveal that his association is engaging the FIRS and the Federal Ministry of Finance to effectively “work out an amicable approach to spur robust boom of our industry.”

In the meantime, the insurance industry is eagerly looking forward to NAICOM’s harmonised ten year transformation time table , he stated. The harmonised plan is expected to facilitate growth in the area. Be aware that the goal of the time table is to grow the rate of insurance penetration to approximately 2.1%, up from less than 1%.

More on the challenges of excessive taxation

Be aware that excessive taxation has for a long time remained one of the long-standing issues in Nigeria. Asides the insurance sector, different sectors of the financial system are equally affected.

A 2014 report by Nairametrics quoted the then Minister of communication and technology, Mrs Omobola Johnson, to have admitted that approximately 70% investments by Nigerian telecoms businesses are generally used for the payment of taxes to the different levels of government. in step with her, that is one of the major demanding situations stopping the sector from growth.

She called for a review of the Nigerian tax system.

Apparently, such calls has been ongoing since then. A 2015 article by The guardian examined how Nigeria’s tax system is discouraging investment, even as the involved authorities agencies had been advised to, amongst different things, simplify the tax system, put greater clarity on taxes which might be payable, in addition to eliminating excessive taxation.

In the meantime, in mid-2017, the FIRS brought the Voluntary Asset and income declaration Scheme (VAIDS), in its determination to facilitate tax collection in Nigeria. reputedly, the VAIDS initiative turned out successful, because the FIRS disclosed in advance this month that it had realised approximately ₦30 billion, and raised Nigeria’s tax database to 19 million up from 14 million.

The insurance association of Nigeria was established in 1971 to serve as the umbrella body of all the insurance businesses in Nigeria.

Efekoha became the Chairman  years ago, for the duration of which, the affiliation has initiated and begun construction on the NIA Tower. speaking in this issue, he made known his delight “that the NIA building project has moved from discussion to actual construction. That development represents the high point of my chairmanship of the NIA.”

Some insurance corporations have acquired refunds to the tune of ₦1 billion from Nigeria’s Federal Inland revenue service (FIRS), following lawsuits of excessive taxation.

This was disclosed via the Chairman of the insurance association of Nigeria (NIA), Eddie Efekoha, who spoke to some journalists in Lagos, recently. According to him, the erroneous taxation befell after the 2007 recapitalisation of the insurance industry.



He went further to reveal that his association is engaging the FIRS and the Federal Ministry of Finance to effectively “work out an amicable approach to spur robust boom of our industry.”

In the meantime, the insurance industry is eagerly looking forward to NAICOM’s harmonised ten year transformation time table , he stated. The harmonised plan is expected to facilitate growth in the area. Be aware that the goal of the time table is to grow the rate of insurance penetration to approximately 2.1%, up from less than 1%.

More on the challenges of excessive taxation

Be aware that excessive taxation has for a long time remained one of the long-standing issues in Nigeria. Asides the insurance sector, different sectors of the financial system are equally affected.

A 2014 report by Nairametrics quoted the then Minister of communication and technology, Mrs Omobola Johnson, to have admitted that approximately 70% investments by Nigerian telecoms businesses are generally used for the payment of taxes to the different levels of government. in step with her, that is one of the major demanding situations stopping the sector from growth.

She called for a review of the Nigerian tax system.

Apparently, such calls has been ongoing since then. A 2015 article by The guardian examined how Nigeria’s tax system is discouraging investment, even as the involved authorities agencies had been advised to, amongst different things, simplify the tax system, put greater clarity on taxes which might be payable, in addition to eliminating excessive taxation.

In the meantime, in mid-2017, the FIRS brought the Voluntary Asset and income declaration Scheme (VAIDS), in its determination to facilitate tax collection in Nigeria. reputedly, the VAIDS initiative turned out successful, because the FIRS disclosed in advance this month that it had realised approximately ₦30 billion, and raised Nigeria’s tax database to 19 million up from 14 million.

The insurance association of Nigeria was established in 1971 to serve as the umbrella body of all the insurance businesses in Nigeria.

Efekoha became the Chairman  years ago, for the duration of which, the affiliation has initiated and begun construction on the NIA Tower. speaking in this issue, he made known his delight “that the NIA building project has moved from discussion to actual construction. That development represents the high point of my chairmanship of the NIA.”
Some insurance corporations have acquired refunds to the tune of ₦1 billion from Nigeria’s Federal Inland revenue service (FIRS), following lawsuits of excessive taxation.

This was disclosed via the Chairman of the insurance association of Nigeria (NIA), Eddie Efekoha, who spoke to some journalists in Lagos, recently. According to him, the erroneous taxation befell after the 2007 recapitalisation of the insurance industry.



He went further to reveal that his association is engaging the FIRS and the Federal Ministry of Finance to effectively “work out an amicable approach to spur robust boom of our industry.”

In the meantime, the insurance industry is eagerly looking forward to NAICOM’s harmonised ten year transformation time table , he stated. The harmonised plan is expected to facilitate growth in the area. Be aware that the goal of the time table is to grow the rate of insurance penetration to approximately 2.1%, up from less than 1%.

More on the challenges of excessive taxation

Be aware that excessive taxation has for a long time remained one of the long-standing issues in Nigeria. Asides the insurance sector, different sectors of the financial system are equally affected.

A 2014 report by Nairametrics quoted the then Minister of communication and technology, Mrs Omobola Johnson, to have admitted that approximately 70% investments by Nigerian telecoms businesses are generally used for the payment of taxes to the different levels of government. in step with her, that is one of the major demanding situations stopping the sector from growth.

She called for a review of the Nigerian tax system.

Apparently, such calls has been ongoing since then. A 2015 article by The guardian examined how Nigeria’s tax system is discouraging investment, even as the involved authorities agencies had been advised to, amongst different things, simplify the tax system, put greater clarity on taxes which might be payable, in addition to eliminating excessive taxation.

In the meantime, in mid-2017, the FIRS brought the Voluntary Asset and income declaration Scheme (VAIDS), in its determination to facilitate tax collection in Nigeria. reputedly, the VAIDS initiative turned out successful, because the FIRS disclosed in advance this month that it had realised approximately ₦30 billion, and raised Nigeria’s tax database to 19 million up from 14 million.

The insurance association of Nigeria was established in 1971 to serve as the umbrella body of all the insurance businesses in Nigeria.

Efekoha became the Chairman  years ago, for the duration of which, the affiliation has initiated and begun construction on the NIA Tower. speaking in this issue, he made known his delight “that the NIA building project has moved from discussion to actual construction. That development represents the high point of my chairmanship of the NIA.”

World Cup 2018: 5 super Eagles players that impressed in Russia

Nigeria’s 2018 world Cup came to a painful end on Tuesday night.

With barely seven mins left on the clock and the score at 1-1, the super Eagles had been heading towards a round of 16 clash with France.

Argentina defender, Marcos Rojo, found himself in the box and completed with precision Odion Ighalo lacked a few minutes earlier, sending the Albiceleste into the knockout levels.

Ighalo himself has been the goal of criticism after the match, however which of his team-mates covered themselves with glory in Russia?

1. John Mikel Obi: Captain excellent. Led bravely from the center. despite the fact that he got a bit of flak against Croatia playing as a 10, the Tianjin TEDA midfielder rolled back the years in the last  games, after he was deployed as a deep-lying playmaker. He probably has one fundamental tournament left for him, Mikel Obi will absolutely go down as one among our favourite Nigerian footballers ever.

2. Oghenekaro Etebo: From the on-set, Etebo’s strength and tenacity shone. Even after he conceded an own goal within the first fixture, the new Stoke city boy made the best XI of the world Cup’s starting round. Honestly accomplished enough to cement his place as a regular inside the team.

3. Ahmed Musa: The Leicester city winger is officially Nigeria’s go-to man for world Cup goals. Musa scored  2 times in 2014 and 2018. No super Eagles player dead or alive has more. The 25-year-old became a normal thorn in the flesh of opposition with tempo and strength, on every occasion he was picked by Gernot Rohr and his finishing was a class apart.

4. Francis Uzoho: There has been numerous talk surrounding Uzoho, after Rohr confirmed the 19-yr-old would be his first preference at the 2018 world Cup. However the Deportivo la Coruna gave a brilliant account of himself within the three matches he featured. His standout save for me, became the finger tips he got to Messi’s free-kick.

5. Wilfred Ndidi: Notwithstanding the truth that he had fitness issues ahead of the tournament , there was in no way a doubt Ndidi should make the squad. And it was not tough to see why. An expert midfield patrol agent, the Leicester city man was tasked with putting out fires and did his assignment excellently.

Split Court sides with abortion foes, strikes down Calif. law

WASHINGTON — The supreme court effectively put an end Tuesday to a California law that forces anti-abortion crisis pregnancy centers to offer information about abortion.

The 5-4 ruling also casts doubts on comparable laws in Hawaii and Illinois.

The California law took effect in 2016. It requires centers which might be licensed by means of the country to tell clients about the availability of contraception, abortion and pre-natal care, at very little cost. Facilities which might be unlicensed were required to post a sign that stated so. The court struck down that part of the law.

The centers said they have been singled out and compelled to deliver a message with which they disagreed. California said the law was needed to allow poor girls understand all their alternatives.

Justice Clarence Thomas in his majority opinion said the centers “are probable to be successful” in their constitutional challenge to the part of the law concerning licensed centers. that means that even as the regulation is presently in impact, its challengers can move back to court to get an order halting its enforcement.

“California cannot co-opt the licensed facilities to deliver its message for it,” Thomas wrote for himself and his conservative colleagues, chief Justice John Roberts and Justices Anthony Kennedy, Samuel Alito and Neil Gorsuch. He called the requirement for unlicensed centers “unjustified and unduly burdensome.”

Justice Stephen Breyer said most of the reasons the law need to be upheld is that the high court has formerly upheld state legal guidelines requiring medical doctors to tell ladies searching for abortions about adoption services. “In spite of everything, the law need to be evenhanded,” Breyer said in a dissenting opinion joined by his liberal colleagues, Justices Ruth Bader Ginsburg, Sonia Sotomayor and Elena Kagan.

Attorney general Jeff sessions and anti-abortion organizations were amongst the ones cheering the decision. “Speakers should not be pressured by means of their authorities to sell a message with which they disagree, and pro-life pregnancy centers in California must not be forced to advertise abortion and undermine the very cause they exist,” Sessions said in a statement.

California legal professional general Xavier Becerra known as the decision “unfortunate” but stated “our work to ensure that Californians receive correct information about their healthcare options will continue.”

The abortion-rights group NARAL pro-choice California was a top sponsor of the California regulation. NARAL contends that the centers deceive girls about their options and tried to stress them to forgo abortion. Estimates of the quantity of crisis pregnancy centers in the U.S. run from 2,500 to more than 4,000, as compared with fewer than 1,500 abortion providers, women’s rights groups stated in a supreme court filing.

California’s regulation was challenged via the national Institute of family and life Advocates, an employer with ties to 1,500 pregnancy centers nationwide and 140 in California.

In another lawsuit over regulating crisis pregnancy centers, a federal appeals court in new york struck down parts of a new york city ordinance, although it upheld the requirement for unlicensed facilities to mention that they lack a license.

Other states have laws that regulate medical doctors’ speech in the abortion context. In Louisiana, Texas and Wisconsin, medical doctors ought to show a sonogram and describe the fetus to most pregnant girls considering an abortion, in line with the Guttmacher Institute, which helps abortion rights. Comparable legal guidelines had been blocked in Kentucky, North Carolina and Oklahoma.

Medical doctors’ speech has also been an issue in non-abortion cases. A federal appeals court struck down parts of a 2011 Florida regulation that sought to limit doctors from speaking about gun safety with their patients. Under the regulation, medical doctors faced fines and the possible loss of their medical licenses for discussing guns with patients.

RUSSIA 2018: FIFA SANCTIONS ANOTHER COUNTRY

The FIFA Disciplinary Committee wielded its big stick again on Sunday in Moscow, sanctioning the Danish football association with a fine of 20,000 Swiss Francs and a caution.
The news agency of Nigeria (NAN) reports that the committee had late on Sunday imposed a fine of 10,000 Swiss Francs and a caution on the Polish football association.
This time, the disciplinary measures imposed at the Danes have been as a result of crowd disturbance after Danish spectators had been stated to have thrown items at Australian spectators.
Danish fans had been also stated to have displayed a sexist banner and had not respected pre-match protocol on the group C match played between their team and Australia.
The FIFA Disciplinary Committee has also opened disciplinary complaints against a Swiss player, Stephan Lichtsteiner, for a goal celebration in the course of their match against Serbia.
He was the third player from the same team being docked, after Granit Xhaka and Xherdan Shaqiri had been also placed on trial over their celebration during the same match.
with regards to the same match, disciplinary proceedings had been opened against the President of the Serbian FA, Slavisa Kokeza, in addition to the national coach, Mladen Krstajic.
Their offence was with regards to statements made in the aftermath of the match.
The committee additionally opened disciplinary proceedings against  German officials, Ulrich Voigt and Georg Behlau, for incidents at the end of their match against Sweden.

Is Spain squandering money on public infrastructure projects? Report says yes

New study unearths signs of wasteful assignment of funds for high-speed rail, roads, airports and more

Has Spain been squandering cash on public works tasks? a brand new study that checked out  decades of public investment might suggest so.
Just the high-speed railway system, referred to as the AVE, bills for inappropriate allocations of public money within the range of €26.2 billion in the 1995-2016 period, consistent with a record known as “Approximation to the geography of wasteful spending in Spain: Evaluation of the remaining two decades,” a joint assignment of the universities of Barcelona, Girona, Valencia, Cantabria, Tenerife, Seville, Málaga, Alicante and Madrid’s Complutense university.


The report, which became published with the aid of the association of Spanish Geographers, estimates that between 1995 and 2016 government agencies spent extra than €81 billion on “infrastructure that was needless, deserted, underutilized or poorly programmed.”

And this figure could surpass €97 billion in the near future, factoring in the amounts which have already been pledged.

The authors of the study said there are four primary methods wherein public cash has been wasted: corruption, underutilized projects, useless projects, and inadequate priority-setting.

Of all the wasteful spending, over a third has long past into the AVE railway system for projects that did no longer produce the type of social advantages predicted of such investments. There had been “too many multi-million-euro train stations, closed lines, stretches that have been dropped midway thru creation, needless lines, and cost overruns.”

“All of it was achieved without a proper cost/advantage analysis, and frequently on the basis of estimates of future users or income supported via a scenario of economic euphoria that turned into as evident because it turned into fleeting,” provides the document.

Researchers underscored the cost overruns at the AVE lines connecting Madrid, Barcelona and the French border (over €eight.nine billion) and at the Pajares Tunnel (€3.5 billion).

REDUCING THE LAW THAT HAUNTS BANKS PUT US AT RISK

Since the last 15 years, global banks and other big financial services groups have lived in worry of an old new york state anti-fraud law. The Martin Act has been used to crack down on biased Wall street research, insurance bid-rigging and “dark pools” said to misinform investors, among many things.

unlike federal and different state laws, the 1921 Martin Act does not require its enforcers to show that their target intended to deceive, or ever bought or sold securities. It also gives civil and criminal enforcement authority to the new york attorney-general’s office, a powerful mixture that terrifies its targets and activates most of them to pull out their cheque books and settle.

not credit Suisse. remaining week the Swiss bank fought an $11bn mortgage fraud case all the way to new york’s highest court and won. The court held, 4-1, that cases have to be brought within three years of alleged wrongdoing in preference to six as formerly thought.

Credit Suisse was quick to crow that its victory was “significant not just for this situation however for all future industry lawsuits”. The attorney-general’s office, now headed by Barbara Underwood, countered that the effect was limited because many of the big cases underneath the act have been brought within three years. still, legal analysts concluded that the ruling would appreciably decrease the Martin Act’s reach, making it a less effective weapon in opposition to new kinds of fraud or unethical behaviour that don't clearly match under traditional legal guidelines.

The credit Suisse case is the latest in a string of successful challenges to US financial services watchdogs. earlier this year, Barclays won its multibillion dollar gamble via settling a loan-subsidized securities case for $2bn. It had refused an earlier demand for $5bn, pronouncing it would alternatively visit court. In 2016, MetLife sued over a decision to designate it a “systemically critical” institution and subject it to higher scrutiny. The insurer won. and former AIG chief executive Hank Greenberg last year settled a $50m false accounting claim for $9m after 12 years of legal wrangling.

As the 2008 financial crisis recedes, the industry is becoming emboldened, each in terms of lobbying to loosen policies and in fighting back towards the enforcement agencies.

Often these judicial challenges are appropriate. The MetLife designation was one of the first of its type, and it makes sense to check new rules. for their part, the credit Suisse and Barclays matters assist counter the view, specifically in Europe, that American financial watchdogs use their legal system to weaken and extract fines from big overseas competitors. Strict court oversight enables restore faith inside the system.

But there's a potential danger to hemming in US enforcers. the american device relies on fears of crook prosecution and giant fines to assist keep banks and insurers sincere. If financial executives believe they are able to successfully challenge enforcement moves in court, they may be greater willing to countenance risky or unethical behaviour inside the call of boosting profits.

Jay Jay Okocha reveals why he retired early from football

Former super Eagles captain, Austin ‘Jay Jay’ Okocha’, has revealed that his decision to retire early from active football, was because of loss of enough playing time.

Okocha made the surprise decision to hang up his boots in 2008 at 34.

“I have to confess that [not getting a lot of playing time] was one of the major reasons why I retired from playing at a very young age,” Okocha told media men at a press conference organised by star times.


“I believe that it isn't really worth it to train from Monday to Friday just to have 20 mins at the pitch or sit down at the bench on Saturday. i am very competitive.”

The midfielder who last represented Nigeria in 2006, made 75 apeparances for the Eagles and scored 14 times.

What do you think about his  claims?

“Win the cup for us” – Drogba tells Mikel Obi and super Eagles

Mikel_Drogba_AFCON

In an extraordinary display of great sportsmanship, Galatasaray/Shanghai Shenhua striker, Didier Drogba, was in the super Eagles‘ dressing room after they lost 2-1 to the Nigerians, to wish them the best.

Former super Eagles goalkeeper, Idah Peterside, who was once a Media Officer to the team, however now runs a church in South Africa, tweeted a picture of the Ivorian captain with former Chelsea team mate, Mikel Obi and the super Eagles.

He uploaded the photo with the phrases: “Drogba was in the dressing room with the players drogba stroll in and advised the players win the cup for us.”


Nigeria will be hoping to qualify for their first finals since 2000, when they face Seydou Keita and co on Wednesday.

World Cup 2018: Modric speaks after Croatia’s win over Nigeria

Real Madrid midfielder, Luka Modric has spoken on Croatia’s 2-0 win over Nigeria in their opening world Cup 2018 group D game on Saturday evening.


The Croatian captain scored from the spot 15 mins from full time after Ogenekoro Etebo’s first half own goal.

The 33 year old, who won man of the match, mentioned that the end result will help them in their quest to qualify from the group.


“It’s a high-quality start for Croatia, we deserved to win. Nigeria played well, but we were better. I’m satisfied that I scored the penalty, I’m glad with how I scored.

“Ronaldo? yes, he scored a wonderful penalty kick on this tournament as well”, Modric said after the game.



“I trust that on the wings of this win, we will up our game and continue our journey in the manner that we planned before coming right here.”

2018 World Cup: Leon Balogun reveals why Croatia beat Eagles 2-0

Nigeria’s centre-half, Leon Balogun has defended super Eagles’ overall performance of their 2-0 loss to Croatia on Saturday in Kaliningrad.


In keeping with the defender, the super Eagles did not perform badly no matter the loss.

He additionally explained that the Croats won due to the fact they have been good, calm and focused in the game,


He told complete sports, “We lost this game and it’s long past. As a team, no need to live on that, however just ought to learn from the mistakes and prepare to win the subsequent match.

“Yes, we lost through set-pieces. It was tough, both in defending set-pieces and seeking to get goals via set-pieces.

“I suppose that normally, we didn’t create many chances. but, there is no need to drop our heads due to this loss. Of course, we want to look dangerous offensively. It turned into not that terrible as we were confident with the ball, however we need to create extra chances.


“Of direction, we in no way thought we might lose the match. imagine what a win could have done for us – something like a 50, 60 per cent progress toward advancing from the group.

“Now we've got  very important games remaining in the group, and we ought to win, at the least, one and of course watch what happens in the other games of our group opponents.

“The best we can do now could be to focus on ourselves, criticize and analyse what went wrong and what we did properly too, and stick to a high-quality mentality.

“With the way we played against them, and our self belief at the ball, I don’t suppose we performed against a totally skilled side, correct me if i was incorrect. I don’t sense we had been a bad in the game, we didn’t play badly. Of course, there are matters to learn from it and get proper results from the following games.



“The Croatians have been good, and calm in the game. if they didn’t have the ball, they stayed in their positions. That worked for them. perhaps we can learn from that. i am positive going ahead from right here.”

Brazil Vs Switzerland

Five-time champions Brazil open their 2018 world Cup campaign against Switzerland on Sunday.

The South americans were humiliated 7-1 by Germany in the last game when they hosted it 4 years ago and will be looking to make a statement in Russia.

Tite has talisman Neymar back and firing, after a foot injury threatened to keep him out.

Switzerland have not made it past the quarter-finals of a world Cup and will be looking to spring a surprise.

Kick-off is 7pm Nigerian time.

Selling Weak Shares is Only a Form of Insurance

At the heart of my investment technique is the concept that it is higher to react to price action in place of attempt to assume it. as opposed to predicting whilst a pinnacle or backside may occur, I react to the manner the stocks i am watching are moving. for two days now i have been reacting via selling.

I do not like the action I see in a few of the shares i'm holding and i do not see many new ones that I want to shop for, so I become being a internet vendor.

It's miles very feasible that the market can also abruptly flip around and that shares that i have offered will come roaring lower back. If that occurs I may be underinvested and could ought to look for ways to position capital in productive names, however for now i'm more concerned about no longer giving back profits.

The previous day i mentioned the importance of keeping your account as close to highs as feasible. in case you avoid huge drawdowns in negative markets you are almost assured of producing superior performance.

The problem with this technique is that there can be many 'fake negatives' There may be a tendency to be too defensive at instances if you take the time to preserve losses small. That may be undone with the aid of having a plan to rebuy a stock that you have sold but there may be a fee to competitive defensive.

I find it helpful to think of the cost of early promoting as an insurance top class. it is what we must pay to stay secure. coverage rates are always worrying while you do not want to make a claim, however whilst a massive, unpleasant, occasion does arise then that insurance can appear like pretty a good deal.

I am doing away with some insurance right now and selling down positions. it could be a dumb circulate and maybe I might not want this coverage in some days however it's miles the flow that makes the most sense to me right now.

There are only a few new names on my radar proper now however I do just like the manner Coherus BioSciences (CHRS) is developing.

Cannabis Industry And Insurance: California's Subsequent Trend

The cannabis industry has garnered a number of hype. but the plant’s federal illegality hinders it from functioning as a valid line of enterprise. The maximum not unusual instance of this is the shortage of economic help (read: banking) available to the enterprise. every other important service withheld from cannabis businesses is insurance. Dave Jones, California’s insurance Commissioner, has aimed to alternate that considering that the start of 2017. After a year-and-a-half of encouraging insurers to write down insurance for the legal cannabis enterprise, numerous varieties of protections at the moment are available to cannabis businesses.

On June 4, Commissioner Jones announced the approval of the first cannabis business owners policy (CannaBOP) in California. Crafted by using the yankee affiliation of insurance services, the CannaBOP application is a package deal along with property and legal responsibility coverage for dispensaries, processors, producers, distributors, cannabis storage centers and different relative corporations running in the state. As of now-- even with the brand new application in place-- the majority of cannabis businesses have no choice but to absorb the price while some thing goes awry, that could imply dropping tens of millions of dollars. No other legalized businesses or industries face that kind of financial danger.

"My objective is every time a patron walks into a cannabis retail facility or a dealer enters right into a contract or delivers goods to a cannabis business, or any time a person invests in or operates a cannabis commercial enterprise, insurance is in location to cowl risks," Commissioner Jones stated in a telephone interview, "simply as there is in another form of enterprise in California."

But the CannaBOP is not the most effective essential assertion this month concerning insurance insurance for the cannabis enterprise. In may, Commissioner Jones permitted California Mutual insurance employer because the first company in the nation to feature lessor's chance coverage for belongings owners who are exposed to risks from renting to tenants who use the space for commercial cannabis-activities. The lessor's threat coverage coverage offers legal responsibility and assets insurance for industrial property owners who lease constructing space for hashish labs, product production, cultivation, and dispensary operations.

"Things are shifting in a fine path [in California]," said Commissioner Jones. "however there's numerous room for extra carriers to return into the marketplace. i am doing the whole lot i can because the regulator of the most important coverage marketplace in the U.S. to inspire insurers to offer coverage for the hashish industry."

The motivation behind this most recent push for coverage followed reports pointing out that the Trump administration could refrain from the use of federal regulation enforcement against legally operating cannabis businesses in states with scientific and adult-use cannabis legal guidelines.

"I despatched a letter to the 1300 certified insurance groups in California informing them Trump had informed a senator from Colorado that his management would now not take steps to enforce federal law towards cannabis industries inside the states which have a legalized cannabis enterprise," Jones stated. "So I wanted to ensure coverage organization executives were conscious and inspire them to come into the market, and start writing insurance plans."

The commissioner says he believes there is a misplaced problem, particularly amongst insurers, about federal law enforcement intervention. in the states with state-stage cannabis laws--where coverage is being written for the ones industries-- the Federal government has but to seize premiums from coverage groups coming from cannabis organizations, he explains. "Trump's most recent assertion need to provide extra warranty to agencies. So we’re continuing to encourage the development of the market, and we want to peer a broadening of the insurance supplied."

An interesting issue of the bubbling cannabis coverage fashion is the way it performs into California's new law. As of Jan. 1--the professional implementation of the Medicinal and adult Use cannabis Regulatory and safety Act (MAUCRSA)-- all cannabis corporations are required to reveal proof of a $5,000 surety bond which will get a state license. Surety bonds are required by means of the licensing groups as a manner to assure the behavior and compliance of licensees. it is also a manner to guarantee bills related to the value incurred for the destruction of hashish goods and materials in the event of a violation of the regulations. If a agency's product turned into contaminated, as an instance, a surety bond might cover the fees of destroying or nicely casting off the product, as canna-items--by way of regulation-- cannot be thrown in the trash.
However on the onset of the MAUCRSA, the only manner cannabis companies could get a surety bond turned into thru a surplus line insurer. often known as the "protection valve" of the insurance industry, those carriers fill insurance gaps within the marketplace by using insuring the high-threat businesses which might be generally declined by the standard underwriting and pricing approaches of coverage vendors.

On Feb. 21, however, Commissioner Jones introduced the approval of the primary surety bond program for the cannabis enterprise. Continental background coverage employer became California's first authorised insurer to offer surety bonds to felony marijuana groups. The commissioner explains he hopes other providers will observe the lead of the insurers who now provide coverage to the felony hashish industry.

The California department of coverage is modeling this attempt to get insurance for the cannabis industry at the fulfillment they experienced with getting insurers to put in writing insurance for ride-sharing organizations and drivers."we are doing among the same things now we did a couple years in the past when trip-sharing started to amplify in California," the commissioner stated. "There was no trip-proportion insurance. There at the moment are 14 commercial companies writing journey-percentage insurance for the market, and we are assured we'll have the identical success inside the hashish coverage area, too."

Commissioner Jones has had an undeniable impact at the advent of hashish coverage in California. but, as he quite simply admits, there are nevertheless primary gaps in coverage. Crop insurance for the cannabis enterprise, he points out, is an area that needs to be stuffed. despite the fact that, after the Northern California wildfires remaining October that scorched homes, vineyards and pot farms, some headway's been made concerning insurance for cultivators. "We noticed the primary principal payout of a claim to a cannabis grower by using an insurer," Jones said. "The insurer paid out over one million greenbacks, which could be very encouraging. It shows there's a few crop coverage to be had in a few cases, and insurers are paying claims."

A few insurance is better than no insurance. but until the hashish enterprise has the same insurance alternatives that each different enterprise and industry has, lots work still remains to be performed. California is at the route to creating that manifest, however. "there is nonetheless a continuing mission," Commissioner Jones stated. "but i am doing the whole lot i can to demonstrate that I stand firmly at the back of vendors writing insurance for the hashish industry, and need them to do this."

Is It Possible To Be Happy In Law School

Law school is a notoriously trying enjoy. The work is difficult, the competition fierce, and it’s easy to be remoted from the arena you knew earlier than regulation faculty. Given this unhappy truth, how can law students make it through that environment unscathed?

That’s the question we tackle inside the maximum latest Jabot podcast. I’m joined via guest Kathryne M. young — sociologist, J.D., and writer of the approaching book, how to Be sort of glad in law faculty. if you’re a regulation pupil feeling like some thing must be wrong with you (there isn’t), or in case you’re questioning if law school is proper for you, younger has helpful advice, hints, and hints to get through regulation college rather fortuitously.


This is the second episode of The Jabot podcast, that is an offshoot of the Above the regulation brand targeted on the challenges girls, human beings of shade, LGBTQIA, and other diverse populations face in the prison enterprise. Our name comes from none apart from the notorious Ruth Bader Ginsburg and the jabot (ornamental collar) she wears while handing over dissents from the bench. It’s a reminder that even when we aren’t prevailing, we’re still a powerful pressure to be reckoned with.

Anti-Open grazing regulation: NASS, Benue, Kwara, Taraba tackle Defence Minister

ABUJA—The outburst  of the Defence Minister, Mansur Dan-Ali, that President Muhammadu Buhari asked states implementing the anti-open grazing law to forestall forthwith, drew anger from Benue, Ekiti and Taraba states, the three states presently implementing the law, which 3 vowed no longer to repeal the law.

Mansur Dan-Ali,  Nigerian Defense minister 

It also elicited sturdy reactions from both hands of the countrywide meeting, the Senate and residence of Representatives, which requested the Defence Minister to withdraw the declaration.

Benue country Commissioner for statistics and Orientation, Mr. Lawrence Onoja, told newsmen in Makurdi that there was no going back in implementation of the law. Onoja stated:  “that is the second one time the Minister would abdicate the duties of his office as defender of Nigeria’s territorial integrity and descend so low to emerge as champion of herdsmen’s interest. “He has justified the incessant herdsmen unprovoked attacks at the so-known as blockade of farm animals roots and grazing reserves. He spoke as if that is a justifiable cause for military taking the law into their palms. “via his name, Dan-Ali has restated his partisanship and assist for career of the Benue Valley and other fertile lands in the country by means of marauding herdsmen. “We want Nigerians and the global community to compel the Minister to quick show to Benue human beings that he has no private rankings to settle on this crisis or is gambling the script of some unknown people. We would like him to respond to the subsequent questions in the hobby of fairness, justice and equity. Questions for Dan-Ali “Is the state house of meeting of a state in Nigeria constitutionally empowered to make laws for the promoting of peace, improvement and welfare of the people inside the state? How come Mansur Dan-Ali is looking for the negotiation of safe farm animals routes for the herders with out a single point out of farmers who have been violently dislodged from their houses and farms?  Who would take the duty of taking care of the desires of those farmers who've misplaced their way of livelihood with their farms and plants destroyed by way of herdsmen armed forces armed with risky weapons? “Who might prevent the looming famine in Benue country on account of this senseless destruction of lives and farming groups? Why has the Minister of Defence no longer made a single connection with the plight of the a hundred and eighty,000 Benue indigenes taking safe haven in 8 IDPs camps in Benue? these humans also are Nigerians who should have a experience of belonging in Nigeria. “most of those human beings are farmers who could not move again to their farms for worry of being attacked by way of herdsmen who're nevertheless carrying out sporadic attacks on Benue groups as we communicate. “We ask, is the Minister of Defence talking for himself or on behalf of the Federal government due to the fact his cutting-edge outburst is absolutely at variance with the location taken via the countrywide economic Council, NEC, on ranching, headed via Prof. Yemi Osinbajo, the vp.

NEC endorsement

“The NEC at its latest meeting, encouraged the practice of ranching in states experiencing clashes among farmers and herders. in the identical vein, the Northern Governors’ forum also issued a announcement currently supporting the ranching of farm animals because the first-class form of animal husbandry that ensures expanded productiveness of dairy merchandise. “The Ministry of Agriculture turned into also part of the national monetary Council that came out publicly to help ranching. based on this available information, the Minister of Defence, occupying this kind of sensitive workplace must please clarify on whose aspect he is in those herdsmen crisis in Benue and other states. “We name on Mansur Dan-Ali to as a matter of urgency withdraw this exceedingly offensive announcement against Benue country and the victims of herdsmen killings in the state. Over 500 Benue indigenes have so far misplaced their lives to herdsmen invasion since the start of this year. “We view this ultra-modern announcement as handiest serving to embolden these herdsmen militia to unharness extra assaults on Benue because the diverse Miyetti Allah corporations have used the anti-open grazing regulation to invade Benue and lay false declare at the ancestral land of the Benue people. “The Defence Minister is yet to publicly call for the arrest and prosecution of the Miyetti Allah leaders who have overtly threaten greater bloodshed in Benue because of the anti-open grazing law. “Benue state government headed by means of Governor Samuel Ortom could no longer relent on operating within non violent means in keeping with the rule of regulation to repair peace. We call on the Benue people to stay calm and preserve to document suspicious movements to the security businesses and remain vigilant. “We wish to reiterate that Nigeria’s constitution empowers states to make legal guidelines for correct governance and the Open Grazing Prohibition and Ranches established order law 2017 changed into made on this regard. “The Ranching regulation is a advent of the humans of Benue nation who enacted it to offer a permanent way to the herders and farmers constant clashes. “there may be no going again on the implementation of the law as prosecution of offenders goes on smoothly. We don't have any apologies to the Minister of Defence or every body,” Onoja stated.

How Changes to UK Regulation Might also Offer Extra Dual Citizenship Drama

As the apocryphal chinese idiom goes, we stay in exciting times. we are able to supply qualified agreement to top Minister Turnbull’s declaration that there has never been a more exciting time to be an Australian constitutional law expert.

To this point, 15 members and senators have resigned or been ruled ineligible by using purpose of phase 44(i) of the Australian constitution. That section presents:

Any person who:

is under any acknowledgement of allegiance, obedience, or adherence to a foreign power, or is a subject or a citizen or entitled to the rights or privileges of a subject or a citizen of a foreign power;

shall be incapable of being chosen or of sitting as a senator or a member of the House of Representatives.

All of the disqualifications underneath s44(i) to this point have associated with the first a part of the clause. these involved MPs who had been “citizens” of a foreign energy on the time they nominated for parliament.

However, s44 does now not most effective disqualify “citizens”. It additionally disqualifies absolutely everyone:

Entitled to the rights or privileges of a subject or a citizen of a foreign electricity.
The excessive courtroom has now not yet ruled definitively on how this provision works. but, in mild of the decision in the Katy Gallagher case, it seems the dual citizenship saga may not yet have run its route.

Entitled to the rights or privileges

Citizenship is a little like herpes: you won't even realize you have it. you could contract the “rights and privileges” of citizenship without showing any outward signs.

What are the signs of being “entitled to the rights or privileges of a topic or a citizen”? In Nick Xenophon’s case, the excessive courtroom needed to remember whether or not being a British foreign places citizen disqualified someone underneath s44(i). It held it did not. The then senator remained eligible to sit in parliament because British overseas citizens have been, basically, simplest “2nd-magnificence” citizens. The high courtroom located:

… a BOC [British Overseas Citizen] does no longer have the proper of homestead inside the uk. The right of dwelling house consists of the proper to enter and to reside in the country of nationality. As Mr Fransman observes, the proper of homestead is one of the foremost traits of a country wide underneath worldwide law.
Someone with out a right of dwelling house will now not be taken into consideration a citizen for the purposes of s44(i). Of route, this implies its opposite. absolutely everyone who has a “proper of homestead” may fall foul of the second one part of s44(i). in spite of technically no longer being a citizen, they'll be determined to be “entitled to the rights and privileges of a subject or citizen”.

What's a right of abode?

Considering the fact that 1983, the best way to acquire a right of homestead in the united kingdom has been to become a British citizen. humans with a proper of dwelling house in the uk are exempt from customs control. they'll paintings, live, own belongings and check in to vote inside the united kingdom. In a deeply ironic twist, they may also stand for workplace.

One does not want to do whatever to obtain the right of home. the United Kingdom home office explains:

The right of homestead is a statutory right which someone either has or does now not have…
And as we discovered inside the Canavan selection, in relation to s44, lack of knowledge is no excuse.

Contracting a right of abode

Previous to 1983, British citizenship become patrilineal; a elaborate manner of saying deeply sexist. only your father should bypass it on. It took a change to the regulation inside the British Nationality Act, which came into pressure in 1983, for women to have the ability bypass British citizenship to their kids.

This is where it receives complex – and exciting. The operation of phase 37 of the British Nationality Act and phase 2 of the Immigration Act together mean that all people born in a Commonwealth country before 1983 to a parent who is a uk citizen is granted a “right of domicile” in the united kingdom. Australia, of route, is a Commonwealth country.

If your father became a British citizen, or you were born after 1983, nothing changes. you would had been a British citizen by using descent besides, which means that you already had a right of abode inside the uk.

However, if your mom became a British citizen, and you have been born previous to 1983, the British Nationality Act operates retrospectively to supply you a proper of abode inside the united kingdom.

For many humans, this newly discovered proper will come as a welcome surprise. MPs born before 1983, who believed that they were no longer stuck by means of s44(i) because handiest their mother become a British citizen, might also locate the marvel a long way much less welcome.

Some other spherical of phase forty four cases?

One of the few things Malcolm Turnbull and competition leader invoice Shorten will agree on is that predicting how the excessive court will rule is a mug’s game. we can not understand whether or not folks who possess a “right of homestead” inside the uk can be excluded by means of operation of s44(i) until the excessive court explicitly considers the problem. Even then, each case activates its very own information.

But, in mild of the excessive court’s fairly blunt ruling in Katy Gallagher’s case, some MPs who might also have inherited greater than just an inexplicable love of Coronation road from their mother may have proper purpose to be anxious.