Impact Investing Institute to launch programme to woo pension funds

first_imgIn 2020, the Impact Investing Institute, an independent non-profit launched in November in London, will initiate a programme to woo the pensions sector.The usually cautious pension trustees have not always been receptive to finance embedding environmental, social and governance (ESG) factors, such as impact investment. Run by a group of impact investment advocates, the institute considers this a misjudgement, suggesting pension savers show strong desire for sustainable investments.“More and more people want to use their pensions and savings in a way that benefits society and the environment, as well as making a financial return”, stated chief executive officer Sarah Gordon, quoting a 2019 survey of 6,000 people by the UK government.Pension funds, she suggested, are missing a major opportunity due to their size. “We’d like to mobilise big pools of capital, such as defined contribution pension funds, to increase their impact,” said Gordon. To achieve its objective of growing the impact investment segment, the organisation will strengthen and more clearly define the concept. This, it describes as investment with the intention to improve social and environmental issues while achieving a financial return. Impact investments, it said, must be accountable for delivery as well as measurable.Prioritising standards construction and improving reporting are key to safeguarding against questionable claims and cultivating the sector, Gordon said. “Not enough of these investments have intent or accountability. The danger of this lack of precision is one reason we’ve brought the institute into being.”Nonetheless, the organisation faces several obstacles: returns are often considered too low for pension funds endeavouring to meet liabilities; difficult to scale up; and illiquid due to long-term commitments – all viewpoints the institute challenges. “One clear benefit from impact investment is liability matching for pensions through projects such as wind farms and social housing”, Gordon noted.To counter these views while raising confidence, the organisation plans to deploy a group of pension ambassadors. “Some pension funds are more advanced in this area. We will translate knowledge from the pioneers in pension funds to those not yet aware.”It will also build a bigger evidence base to broaden awareness on investment returns, for instance.“Many impact funds show a satisfactory three-year track record but no study has yet been made of returns in the impact universe as a whole”, said Karen Shackleton, director of Pensions for Purpose, an initiative collaborating with the institute.New UK and European Union ESG disclosure rules have bolstered the institute’s proposition, improving pension transparency and driving ESG. “This is about getting investors to reconnect with the purpose of capital”, Shackleton said.last_img read more

The QLD suburbs where house prices outperform in a downturn

first_imgBrisbane’s recession-proof suburbs have been revealed. Picture: Darren England.BRISBANE’S recession-proof suburbs have been revealed, with some of the city’s most overlooked middle and outer areas poised to lead a housing market recovery in the wake of COVID-19.Suburbs such as Macgregor, Mount Gravatt East and Moorooka could rebound faster from the present downturn than the traditionally bulletproof blue-chip suburbs.Data provided by CoreLogic showed the performance of capital city and regional housing markets three years after the global financial crisis (GFC) and identified the suburbs that outperformed despite the economic shock.This house at 153 Splendour Rd, Rochedale, is for sale. Rochedale home values rose 14 per cent post-GFC.Property Investment Professionals of Australia chairman Peter Koulizos said the best-performing suburbs post-GFC in Brisbane were mostly located in outer suburbs.Home values in Rochedale, 17km southeast of Brisbane’s CBD, rose more than 14 per cent in the three years between December 2008 and December 2011 — the best performing housing market in the city post-GFC.The housing market in the neighbouring suburb of Macgregor was also resilient during the period, with home values rising more than 9 per cent at the end of 2011.Interestingly, home values in the south Brisbane suburb are also tipped to recover strongly from the COVID crisis.This house at 500 Mains Rd, Macgregor, is for sale. Home values in Macgregor rose 9 per cent post-GFC.Alderley, 7km north of Brisbane’s CBD, was an exception to the outer suburb trend, recording a 9 per cent rise in median house prices during the downturn.Mr Koulizos said the suburbs likely to recover fastest from the current downturn were likely to be middle-ring suburbs that offered more affordable property prices than their inner-city counterparts, but with a similar standard of facilities.Those suburbs could include Kenmore, Macgregor, Moorooka, Mount Gravatt East and Stafford, he said.This house at 70 Mornington St, Alderley, is for sale. Alderley home values rose 9 per cent post-GFC.“Across Greater Brisbane, with the potential increase in people who work from home, the outer regions will also be on the radar of buyers and investors,” he said.“This will partly be due to affordability considerations, but also lifestyle factors such as being closer to the water in the Redcliffe or Redlands regions or the chance to live on acreage in parts of Logan or Ipswich.“The Gold and Sunshine coasts are also set to strengthen from local and interstate buyers who decide to prioritise lifestyle and opt to make a sea or tree-change sooner rather than later.”This house at 6 Robinson Rd, Moorooka, has just gone under contract.But Mr Koulizos said it was “impossible” to forecast exactly which suburbs would fare better than others post-pandemic.“It’s vital to always consider the underlying fundamentals of a location when investing in property for the long-term, such as infrastructure and access to schools and amenities,” he said.CoreLogic head of research Tim Lawless also believes suburbs within Brisbane’s middle and outer ring, at the lower end of the price spectrum, are likely to rebound the strongest after the pandemic — particularly those close to main arterial roads and train stations.This house at 19 Shannan Plc, Kenmore, just sold for $1.9 million.Mr Lawless said transport options in a suburb was often a driver of stronger capital gains.“As a legacy of COVID, it may be the case that more people are seeking lower-density housing options,” Mr Lawless said.“Many of the areas with a relatively affordable price tag are located further from the city where transport into the city centre may take some time, although commuting times may be less of a priority if there is lasting willingness from employers to allow staff to work remotely.”This five-bedroom house at 90 Carrara St, Mt Gravatt East, is for sale. Mt Gravatt East has been tipped to bounce back from the current recession.Mr Lawless said Queensland’s housing market recovery post-COVID would be slightly different to the GFC.“After the GFC, interest rates were coming down from higher levels, but we can’t do that now, so we won’t see the stimulating factor of interest rates falling because they are already super low,” he said.“The economy at the time was also benefiting from the mining boom. There was strong demand from China for resources and that had a substantial postive impact on regional Queensland in particular.“Where the similarity is much more appropriate is that it was a time when there was a lot of stimulus in the market, particularly for first-home buyers, and that’s something we should expect going forward.”CoreLogic head of research Tim Lawless.Mr Lawless said it was likely more housing incentives would be announced in the upcoming federal budget, which would apply to newly constructed homes and first-home buyers.“With that in mind, areas that will probably show a better performance coming in to next year are those popular with first-home buyers and those benefiting from people looking to build new properties,” he said.The best Queensland regional performer in the wake of the GFC was Moranbah, which recorded a 33 per cent surge in home values between December 2008 and December 2011.“Areas such as mining towns, where economic conditions are dependent on a single industry, are much more likely to experience bursts of price rises or falls because of the strength or weakness of their dominant industries,” Mr Lawless said.“While many of these mining regions recorded spectacular capital gains post-GFC, a few years later many of these same regions recorded a crash in home values.”More from newsParks and wildlife the new lust-haves post coronavirus8 hours agoNoosa’s best beachfront penthouse is about to hit the market8 hours agoFIVE BRISBANE SUBURBS SET TO LEAD THE RECOVERY POST COVID-19Suburb Median home valueKenmore $731,648Macgregor $764,910Moorooka $671,281Mount Gravatt East $666,321Stafford $643,843(Source: PIPA/CoreLogic)BRISBANE’S TOP 5 RECESSION-PROOF SUBURBS POST-GFCSuburb % change in home values Dec 2008 to Dec 2011 Dec 2011 Median ValueRochedale 14.1% $1,006,729Macgregor 9.4% $521,145Alderley 9.2% $528,021Shorncliffe 8.8% $589,049McDowall 8.5% $543,464(Source: CoreLogic)last_img read more

Real Madrid support battle against COVID-19 with huge donation

first_imgThe President of the Community of Madrid has confirmed Real Madrid have made a ‘large donation’ in the fight against coronavirus. Los Blancos have donated a significant amount of medical equipment to help the authorities save lives against the global pandemic that has brought the planet to a halt. Promoted ContentSome Impressive And Almost Shocking Robots That ExistEverything You Need To Know About Asteroid ArmageddonCouples Who Celebrated Their Union In A Unique, Unforgettable Way7 Ways To Understand Your Girlfriend Better5 Of The World’s Most Unique Theme ParksWhat Is A Black Hole And Is It Dangerous For Us All?Top 10 Tiniest Phones Ever MadeWho Earns More Than Ronaldo?10 Stunning Asian Actresses No Man Can ResistThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreThe Highest Paid Football Players In The WorldThe Funniest Prankster Grandma And Her Grandson Real Madrid have made huge  donation to help fight coronavirus On Tuesday, it was confirmed that there were 39,673 confirmed cases of the virus in Spain, with a total of 2,694 deaths while 2,636 Spaniards are in intensive care. Those figures translate as 6,584 (a 2,067 jump from Monday) new cases in one day, 514 (an increase of 57 from Monday’s figures – 24%) more deaths and 281 more Spaniards in intensive care. “Thanks to @realmadrid for their very important contribution to face the coronavirus and help us save lives,” tweeted Isabel Díaz Ayuso – a Spanish politician who serves as the President of the Community of Madrid. “I have closed with their president Florentino Pérez a large donation in health matters.” Loading… Read Also: COVID-19: Ronaldo donates medical equipments There have been multiple examples of Spanish clubs helping in the fight against the virus. As outlined by El Mundo Deportivo, Spanish second division club Almeria have donated €1.2m in the battle against the spread of coronavirus. €700k of the donation will be divided up as follows: €300k will be spent on food for those most in need, €200k will go towards health workers, €100k will be spent on those who have lost their jobs and €100k towards volunteers who are helping combat the virus. FacebookTwitterWhatsAppEmail分享 last_img read more

Two arrested after burglary

first_imgNorth Vernon, IN—Tuesday, Jennings County Sheriff’s Deputies were dispatched to County Road 500N in reference to a burglary that had occurred at that residence. Upon arrival, Deputy began an investigation. It was determined that several items had been stolen from the residence, specifically, a 12g shotgun, 9mm handgun, prescription medication, and numerous other items to include ammunition, as well as a vehicle title and stereo equipment.Wednesday,  Jennings County Sheriff’s Deputies were dispatched to Country Squire Lakes in reference a female “living in a tent” that she didn’t appear well. Deputies and troopers from the Indiana State Police arrived and located a female in a tent that was secluded in a wooded area. The female was identified a Heather Tabor, 31. While deputies were on scene, several pieces of property were observed on the ground, partially concealed in the tall grass and weeds. To assist with locating other items, a deputy deployed his K9 partner, Vampir, for an article search of the area. K9 Vampir located a black plastic case which contained a 12g shotgun. Also located at the scene was a bag alleged to contain a large amount of ammunition, credit/debit cards, drug paraphernalia as well as prescription medication were located in several areas around the tent. The name on the credit/debit cards and the prescription medication were that of the burglary victim from the day prior. Heather Tabor was taken into custody. It was also learned that an unidentified male had also been staying at the campsite with Tabor.Officers were advised that a male subject had just run through a neighboring back yard while carrying a handgun. The resident advised this male saw police in the area, took off running, and then “tossed a handgun” down in the resident’s yard. Officers located the handgun, which was later determined to be the handgun reported stolen from the Tuesday burglary. A deputy located the male at a residence on Greenwood Place. The male, identified as Floyd Wayne Johnson, 30, of North Vernon, was placed under arrest.Heather Tabor was arrested for Burglary, Possession of Stolen Property, and Residential Entry. Floyd Wayne Johnson was arrested for Burglary and Possession of a handgun w/o a Permit by a Convicted Felon.last_img read more

Flare lines up Ascot run

first_img The Cheltenham Festival-winning four-year-old, who finished second in the Galway Hurdle on his last outing, was rarely out of second gear in the Corkracecourse.ie Hurdle and jumped to the front from the pacesetting Choisilady at the third-last flight. Davy Condon soon had the race in safe keeping and though Massini’s Trap was driven to within a length near the finish, there was never any threat from that quarter and the 1-9 favourite eased over the line. Flaxen Flare will be pointed towards the Ladbroke Hurdle at Ascot following a facile success in a three-runner race at Cork. Winning trainer Gordon Elliott, who won the Ladbroke last year with Cause Of Causes, said: “It was an ideal race for him and he jumped around nice and safe. He’ll have a little break and come back for the Ladbroke Hurdle at Ascot. We might find a little Flat race for him as well.” It was plain sailing again for Condon when he completed his double with an easy success on Noel Meade’s 1-3 favourite Curley Bill in the Family Day Out Maiden Hurdle. The five-year-old, who brought smart Flat form into the race, quickened into the lead between the final two flights and won with plenty in hand even though Fantasy King ran on strongly to get to within two and a quarter lengths. Meade said: “It was simple enough, he didn’t have that much to beat. He won easily. He should be a force in those good novice races. He’ll jump better when they are going quicker. We will put his Flat career on hold until next year. “He might go to Listowel for a novice hurdle. He’ll have a rest over the winter during the worst of the ground.” Paul Flynn’s 5-1 joint-favourite Limpopo Tom was strongly challenged all the way down the straight in the Martinstown Opportunity Handicap Hurdle, but Brian Cawley kept him going to hold Goal by a length and three-quarters. The trainer said: “Keith Donoghue rode him the last day and he said to drop him back in trip, and it was the right thing to do. If he keeps improving he’ll pick up another one. We might bring him to England for better ground if we have to. He doesn’t seem to like Dundalk so we might bring him somewhere on the Flat like Wolverhampton.” center_img Press Associationlast_img read more

Fitzpatrick hangs up boots

first_img Fitzpatrick won seven caps for Ireland, the last of which was against New Zealand during the 2013 autumn Tests. He also made 98 Ulster appearances. “While it is not an easy decision to hang up the boots, I can look back with fondness at nine fantastic seasons at Ulster Rugby,” Fitzpatrick said. “It was a huge honour to have represented my country and an enormous privilege to pull on that green shirt. “I want to thank the medical teams at Ulster Rugby and the IRFU (Irish Rugby Football Union) for the care that they have given me. “My symptoms continue to improve, and I know the advice that I received is in the best interests of my long-term health.” Ulster and Ireland prop Declan Fitzpatrick is to retire from rugby on medical grounds. Ulster said that 31-year-old Fitzpatrick had “experienced a number of concussive episodes” in recent seasons, and his symptoms were “progressively slower to resolve”. Medics at the Guinness PRO12 province referred him to a neurologist, and after tests it was recommended it would be in Fitzpatrick’s long-term interests to stop playing. center_img Press Associationlast_img read more

Was the 2007 World Cup that bad?

first_imgAsks Sidharth Monga(ESPNCricinfo) – When comparing the 2007 World T20 to the 50-over World Cup that had taken place a few months before it, BBC’s Jonathan Agnew delivered the bigger event a blow in the solar plexus.It is rumoured, Agnew said, that the 50-over cup is still going on in some remote Caribbean island. He was deriding the length of the tournament: 51 matches played in four stages over 47 days.The 2007 edition is widely considered the worst of the 50-over World Cups. The first World Cup in the party capital of cricket, the West Indies, this one came with big expectations, under whose weight it soon began to crumble. Everything that could go wrong did.The ICC micromanaged it to the extent that it barred music and joy in the stands. Pakistan’s coach died during the World Cup, and the investigation that followed was both farcical and insensitive. There weren’t many close matches.Ricky Ponting and Mahela Jayawardene speak to the umpires about the chaotic scenes at the end of the final. (Getty Images)India and Pakistan failed to make it past the first round. The final ended in the dark, a victim to the game’s regulations and interpretations.During the tournament’s last press conference, an advertising unit bearing the logos of the sponsors – to protect whom, arguably, the ICC banned atmosphere in the stands – symbolically fell on the ICC chief.The 2007 World Cup brought about a new world order where draws were fixed to make sure India and Pakistan did not get knocked out in the first round. The draws even began to make sure the two played each other in the first round, just in case, you know. The “World” Cups began to shrink to the extent that the number of teams came down to ten for the 2019 edition. All this to make sure the disaster of 2007 was not repeated.But was the 2007 World Cup really that disastrous or was it just an opportunity for the opportunists waiting to get rid of the Associates?The 2007 World Cup had a fair bit going for it. Apart from being the most inclusive World Cup of all, this one had a better format than the two that followed it – in 2011 and 2015, the first round, with two groups of seven teams from which four went through, was a glorified warm-up.It was not quite the perfection of the Super Six of the two earlier events – where only three teams made it out of each group, and played the best teams from the other group – but to accommodate 16 teams they had to improvise.All games were meaningful, and lesser teams had a fair chance to progress to the next round. Unfortunately for the ICC’s broadcast partners, Bangladesh and Ireland played out of their skins and grabbed that chance.In terms of playing conditions, this was the first World Cup with powerplays instead of the stale mandatory 15-over field restrictions.In a Telegraph round table after the World Cup, England captain Andrew Strauss and Sri Lanka vice-captain Kumar Sangakkara both agreed it was a fine addition, revitalising the ceasefire middle overs and forcing captains to innovate.On the field, a broader transition was taking place in terms of white-ball batsmanship. Australia kept pushing on from where they had left off in the 2003 final, trying to set the bar of the average ODI total even higher. That didn’t mean we didn’t have low-scoring thrillers.In fact some of the better matches were played on slower pitches that made 250 an excellent total. Lasith Malinga took four wickets in four balls but was denied by South Africa in a heart-stopper. Dilhara Fernando bowled a great last over to help Sri Lanka prevail over England. Zimbabwe and Ireland tied their game.While close games are always welcome, they can neither be an indicator of the quality of a tournament nor can they be designed into existence. All you can do is provide a fair format and hope the teams are evenly matched. If India and South Africa are not good enough on the day against Bangladesh, you don’t blame the format but sit back and enjoy the breathtaking batting of Tamim Iqbal and Mohammad Ashraful.If close games didn’t come about with regularity, it was also down to the surreal quality of the cricket Australia played. If you went into an auction today with no cap on spending, you’d still struggle to put together a better team.Matthew Hayden and Adam Gilchrist redefined fear for bowlers, Ricky Ponting and Michael Clarke were in the middle order should things go wrong or should conditions demand a little circumspection, there were two all-rounders in Andrew Symonds and Shane Watson, and Michael Hussey batted at No. 7 (enough said).The bowling attack had a left-arm swing bowler, a right-arm metronome, a wild thing, and a left-arm wrist-spinner. That team was as far ahead of any other side as a team has been in the history of limited-overs cricket.Complaints about the length of the tournament are disingenuous, raised in hindsight to suit a narrative. The next two World Cups had 14 teams playing 49 matches over 43 and 44 days respectively. Last year’s event took 10 teams 48 matches and 46 days to decide a winner. Yet they are remembered as better tournaments, largely because there were no upsets to deny the big teams the final stages. The 2007 format was not too different from 2019’s – the eight teams in the Super Eights played each other once – and yet it allowed for six more teams with just three extra games.The 2019 World Cup had a similar number of matches over a similar number of days; they were just played by teams that are good for business.A close final might have elevated the 2007 World Cup in the pundits’ estimation. Or if there had been a story they could get behind. Pakistan’s great surge helped them overlook all the flaws in the 1992 World Cup: a daft rain rule, the consequent disproportionate premium on winning the toss and cynical manipulation of over-rates, and several meaningless matches because teams eliminated themselves too soon.The 2019 edition came within one match of containing a full month of dead rubbers. But those two tournaments are remembered for their great finishes, and 2007 – in which a semi-final spot was up for grabs till the 44th match – for the confusion in the dark.Apart from the criminal alienation of local crowds, the 2007 tournament got most things right: the format, a range of pitches that allowed for big-scoring and low-scoring thrills, and the playing conditions. That a coach died during the tournament, that two of the biggest draws couldn’t make it past the first round, that the final could not be played to its natural conclusion were unfortunate and unforeseeable events.Even today, that format is likelier to provide you a better World Cup than the formats that followedlast_img read more

Joshua Oluwayemi, Commits Future to Nigeria

first_imgAfter Francis Uzoho committed the schoolboy error which gave Seychelles the equaliser in the 3-1 loss to Nigeria, it was obvious that the goalkeeping area is still one of the weakest links in the Super Eagles team. It was, therefore, a piece of cheery news when Tottenham Hotspur whiz kid, Joshua Oluwayemi recently committed his international future to Nigeria over England in spite of having represented the English at the age-grade levelHighly-rated Tottenham Hotspur goalkeeper Joshua Oluwayemi has committed his international future to Nigeria over his country of birth England ahead of the 2019 FIFA U-20 World Cup in Poland.Born in Waltham Forest 18 years ago, Oluwayemi comes from a family of goalkeepers as his father, Abiodun Ogunyemi, was a goalkeeper for Ogun State University and attended Federal Government College Odogbolu, while his sibling, Tobi is also a goalkeeper at Tottenham Hotspur. Oluwayemi has represented England at U-15 and U-16 levels and has said that he will accept an invitation to play for the Nigerian teams if approached by the Nigeria Football Federation.Speaking after Tottenham Hotspur U-18s beat Southampton 3-1 in the first game hosted at New Tottenham Hotspur Stadium on Sunday afternoon,  Oluwayemi told mafisportsmedia.com : ‘’If Nigeria comes for me, then I’ll go but at the moment I am focusing on England youth, and then Nigeria first.’’On playing the first game at the new Spurs Stadium, the second-year scholar said: ‘’It’s a very good experience, I am happy to see a lot of fans and the crowd coming over to support us. It was a good result.’’Oluwayemi is learning to be a top goalkeeper under the tutelage of Tottenham Hotspur and Arsenal legend Pat Jennings.Oluwayemi alongside Jubril Okedina in 2017 extended their stay at English Premier League side, Tottenham. Both players, born in the UK but eligible for Nigeria, have signed two-year extensions to their scholarship at the North London club and are among the 16 new intakes ahead of the 2017/18 football season.They have been promoted to the Tottenham Hotspur U-18 team, and are eligible to feature in this season’s UEFA Youth League.Since the controversial retirement of former Super Eagles goalkeeper and captain, Vincent Enyeama, the goalkeeping department had been one problematic area for senior national team until the arrival of Carl Ikeme, who steadied the ship.He did not, however, last long as the Wolverhampton Wanderers FC safe hands was diagnosed with acute leukaemia in July 2017, culminating in his early retirement from football.“After a tough year and intense chemotherapy treatment, I would like to let everyone know I am in complete REMISSION. I still have hurdles to get over to be cured but I can hopefully now move forward with some normality.“I would like to thank my family/friends, to start with who have gone above and beyond for me. The support I have received from Wolves/Nigeria, the football world and from people from all over the world has been hard to put into words. I can’t thank everyone at the Christie and Heartlands Hospital enough for their care!!! What next who knows…I’m just taking it a day at a time,” Ikeme had announced.Ikeme was in goal for Nigeria’s first three matches of the 2018 FIFA World Cup qualifying series (home and away against Swaziland in the preliminary stage, and away to Zambia in the opener to the group phase campaign) before being diagnosed of acute leukemia. His first cap was in a 2017 Africa Cup of Nations qualifier away to Tanzania in Dar es Salaam in September 2015.During the 2018 World Cup qualifying matches, three goalkeepers were on parade-  Ikeme, who lost out to acute Leukaemia, Daniel Akpeyi, who was shaky against Algeria in Uyo and Ikechukwu Ezenwa, who Rohr has no total conviction in. With Dele Ajiboye and Dele Alampasu were outsiders, forcing Super Eagles Manager Gernot Rohr to turn his searchlight on the then 18-year-old Deportivo La Coruna’s Francis Uzoho.With the commitment of Oluwayemi’s international future to his fatherland, one can only hope that the problem in the goalkeeping department of the Super Eagles won’t last long.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Last time they played: Wolfpack battles back but No. 1 Syracuse staves off upset bid

first_imgIn its very first game of the season as the No. 1 team in the country, Syracuse had a newly placed target on its back. The Orange jumped ahead by as many as 17 points in the first half, and it appeared North Carolina State had lost sight of that target. But early in the second half, the bull’s-eye must’ve looked massive to the Wolfpack.“I thought the single best thing was that when they made that comeback, our players kept their poise.” SU head coach Jim Boeheim said after the game. “They were really steady, they just kept getting good shots.”It was a game of runs, and fortunately for Syracuse, it ended with one of its own spurts. Sophomore Dion Waiters dropped 22 points off the bench and senior Kris Joseph went for 21 points as the country’s new top-ranked team held off N.C. State, 88-72, in Raleigh, N.C., on Dec. 17, 2011.The Orange pushed its record to 11-0 and prevailed in its first true road test of the year, but it wasn’t easy.AdvertisementThis is placeholder textThe Wolfpack burst out to a 12-4 lead and held an eight-point advantage until the 12:25 mark. And with the score 29-23, Syracuse went to work. A string of 23 unanswered points — including 10 by Waiters and a pair of 3-pointers by James Southerland — put the Orange ahead by 17 and the team went into halftime up 14.“They gave us a lot of difficulty trying to stop them,” N.C. State head coach Mark Gottfried said after the game. “They can score a lot of different ways, because they’re really good at getting to the basket.”In the first 20 minutes, N.C. State failed to match the intensity of the 19,400 fans in the RBC Center with its on-court play. But then the Wolfpack came out of the break reenergized. C.J. Leslie threw down a pair of dunks and hit a jumper to draw within two points. C.J. Williams then hit a short jumper at the 15:27 point to knot the score at 50, and N.C. State had itself a 17-3 run to open the half.“We knew they were going to come back,” Waiters told The Daily Orange after the game. “It’s never over in college basketball, especially in their house.”During the following five minutes, the score was tied twice and SU never led by more than five. N.C. State’s Scott Wood hit a 3 to cut the deficit to two with 8:38 left, but Waiters responded right back with a triple of his own before the Wolfpack’s defense could get set. Williams converted a layup at the other end, but again Syracuse answered with a 3 — this time from Scoop Jardine.On the next possession, Waiters picked off a Williams pass at the top of the key and jammed down the transition dunk. Jardine hit another triple 30 seconds later for an 11-point lead with 6:44 remaining, which punctuated the win.From there, the Orange coasted. When it was all said and done, it was a 25-11 spurt from the 8:38 mark to the final buzzer that allowed Syracuse to defend its new ranking in a hostile environment.“I think we got rattled just a little in the beginning (of the second half),” Waiters said, “because we missed like two or three shots that we would have hit in the first half and then we had two dumb turnovers on my behalf.“So just things like that have to clean up, have to get it back together and get us going again.”–Compiled by Phil D’Abbraccio, asst. copy editor, pmdbra@syr.edu, @PhilDAbb Comments Facebook Twitter Google+ Published on February 14, 2014 at 12:36 amlast_img read more

COLUMN: Tri-nation World Cup is exciting prospect

first_imgOn Monday, the soccer federations of Mexico, Canada and the United States unveiled a plan for an unprecedented bid — a proposition for a joint hosting between three countries for the 2026 World Cup.It’s always a risky move to propose something that’s never been done before. On one hand, this proposal could be the perfect move for three countries with booming soccer scenes. But issues of game location and cross-country traveling could spell defeat for the young bid.This isn’t the first time that multiple countries have proposed to host a World Cup together — South Korea and Japan successfullyco-hosted the tournament in 2002. But this joint bid would keep teams on the same continent and wouldn’t force fans and players alike to make long jaunts across any bodies of water to watch games.Instead, the majority of the tournament would take part in cities across the United States, with 60 games hosted in America and the remaining 20 split up between Mexico and Canada. The United States is fresh off hosting the 2016 Copa America Centenario, which set records with a total of nearly 1.5 million fans attending the event’s 32 games.Canada, meanwhile, saw similar success in hosting the 2015 Women’s World Cup, which broke records for overall attendance. While the host country earned some vitriol over aspects of the tournament — particularly from fans over the use of turf instead of grass — most of the issues that Canada faced would be smoothed over with the extra funding and attention of a men’s championship.In fact, all three of these countries have set records for attendance in hosting different international soccer championships in the last decade, with Mexico playing host to the U-17 FIFA World Cup in 2011. With all of that success combined into a single package, this bid already seems like a sure thing.Under the surface, there are still a few questions to be answered.There is, of course, the typical slew of concerns to run through whenever a bid is proposed. How much will this cost? How will infrastructure need to be altered? How many new stadiums will have to be built? But from there, the broader implications of attempting to host a major sporting event in three separate countries begins to show the cracks in this plan.The main issue? Travel.Although the two soccer federations are happily participating in the creation of this bid, the relationship between the United States and Mexico isn’t at its peak currently. Regardless of whether the current political climate will have calmed down by the 2026 World Cup, the challenge of organizing travel options for massive groups of fans is tripled with the prospect of three host countries.The countries might be able to strike a deal that would allow a temporary visa option for easy travel for teams, families and fans to move across the borders. But the added hassle could result in a drop in attendance at the games based in Mexico and Canada, with fans deciding to only invest in the bulk of the games hosted by the United States.This would also raise another vital question of co-hosting — who gets what? If the United States is hosting the majority of the games, will Mexico and Canada split up the opening ceremony and the final match? Or will the United States remain the central hub of the event, with Mexico and Canada getting the short end of the stick with smaller games?These are questions that haven’t been answered yet by the bid or by any of the federation presidents. While the location of these games might not seem significant, they actually point to the nature of the bid as a whole. If the United States retains the hosting privileges of the most important games, this essentially becomes another bid for the Americans after their 2022 proposition lost out to a controversial Qatar bid.The only difference is the additional support and funding of Canada and Mexico, both of which could be convincing to thepowers-that-be at FIFA. For starters, FIFA desperately needs to make money after recent scandals lost the organization millions. The World Cup is a moneymaker, and the United States is a perfect host in a region where soccer culture is rapidly expanding.Cooperation between the three federations is also favorable for FIFA as a whole, as it reflects a more cohesive worldwide entity that fits into the new image that FIFA President Gianni Infantino is hoping to cultivate. Infantino has been vocal about his hopes to see more shared World Cup bids moving forward.Ultimately, however, this bid could serve as a win-win for everyone involved. With its team on a recent upswing, the United States would gain the bulk of hosting duties for the biggest event in soccer, helping to add to the momentum of the sport’s rise in American culture. Canada would earn an automatic bid to the World Cup, which the team has only qualified for once in its history, while Mexico would get the chance to prove itself as a host through a manageable amount of games.FIFA, meanwhile, would have a surefire opportunity to rebuild the World Cup after the scandals of past bids.The ultimate decision is still a long way off, but the prospect of filling a home stadium with the “I Believe” chant in a World Cup game is something that should excite any American soccer fan.Julia Poe is a sophomore studying print and digital journalism. She is also the sports editor of the Daily Trojan. Her column, “Poe’s Perspective,” runs on Wednesdays.last_img read more