All articles about Carolynn

Nimal says protestor fired shots

He said that claims that journalists were attacked during the violence will also be investigated.The Minister said that during the protest, when one group moved away after they were assured of a solution to their concerns, another group stayed back and threw petrol bombs and other objects towards the army. He however assured that an independent investigation will be carried out into the clashes and the perpetrators will be brought to book. The government says investigations into the Weliweriya incident are also looking into reports that someone among the protestors had fired shots towards the security forces.Government Minister Nimal Siripala de Silva told parliament today that the protesters had also set fire to a three-wheeler and damaged public property. The ‘battle for water’ broke out after days of small protests led to a massive demonstration last week with the people blocking the main Kandy – Colombo road. Minister Nimal Siripala de Silva said that the security forces eventually had to take measures in self defence.He also said that investigations will look into reports that 112 axed employees of the Hayleys company were involved in the clashes.The people in Weliweriya claim a gloves factory operating under Hayleys was putting out chemicals which had contaminated the water in the area. (Colombo Gazette) The Minister denied reports that soldiers had attacked people who had sought shelter inside a church in the area during the violence. read more

Worlds 6 top central banks to continue arrangements to provide each other

FRANKFURT – Six of the world’s leading central banks, including the U.S. Federal Reserve, say they will provide each other with ready supplies of their currencies on a standing basis, extending arrangements set up to steady the global financial system during post-2007 turbulence.The decision announced Thursday extends currency swap arrangements that until now had been considered temporary measures.The central banks are: the Fed, the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada and the Swiss National Bank.The so-called swap lines enable those central banks to make sure banks in their home countries can always borrow ready cash from them in any of the currencies involved, should they need it.The ECB said the arrangements “have helped to ease strains in financial markets” and “will continue to serve as a prudent liquidity backstop.”The Fed and the ECB started their first dollar-euro swap arrangement in December, 2007 as the losses on mortgage-backed bonds began to shake the banking system. Subsequent bilateral deals between the different banks were added during the financial turbulence that followed, which included the collapse of U.S. investment bank Lehman Brothers in 2008, plunges on stock markets, the subsequent recession, and Europe’s crisis over too much government debt in several countries.Central banks serve as custodians of their countries’ currencies and play an important role in supporting the stability of banks so companies can do business and the economy can function properly.They typically provide liquidity — ready cash to meet the demands of everyday business — to their banks, even when banks may be having trouble borrowing elsewhere due to market trouble. With the currency arrangements, they can do it in currencies other than their own.For example, the European Central Bank holds credit offerings in U.S. dollars for periods of seven days and three months, offering as much in dollars as European banks may want in return for collateral such as bonds or other securities. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by David McHugh, The Associated Press Posted Oct 31, 2013 12:37 am MDT World’s 6 top central banks to continue arrangements to provide each other with currency read more

Opinion If Ohio State wants to win Haskins has to start in

Ohio State redshirt freshman quarterback Dwayne Haskins (7) throws a pass in the fourth quarter of the game against Michigan on Nov. 25 in Ann Arbor. Ohio State won 31-20. Credit: Jack Westerheide | Photo EditorLast season, redshirt sophomore Dwayne Haskins secured the backup quarterback position when redshirt junior quarterback Joe Burrow was temporarily sidelined with a hand injury. In that backup role, Haskins threw for 565 yards, four touchdowns and one interception, completing 70.2 percent of his passes across eight gamesWhile the numbers in his limited play aren’t gaudy by any means, Haskins made his best case for the 2018 starting job on a single drive against his team’s arch-rival. Once J.T. Barrett was forced to exit the game and Ohio State trailed 20-14, Haskins orchestrated a scoring drive that proved to be the game-winner in its 31-20 victory. Given the collectiveness he showed in the most tense moment of his football career, Haskins made a strong case for why on Sept. 1, when the when the Ohio State football team opens its season against the Oregon State Beavers, he should start at quarterback. “It’s crazy to go win the biggest rivalry in sports. I never thought it would be a reality,” Haskins said after the win. “I got my number called and it worked out for me. I’m thankful.”Worked out for him it did, most importantly in the eyes of head coach Urban Meyer.“I can’t say it’s comfort yet,” Meyer said after the game. “But to see him perform in that environment, and more importantly against that defense. That’s an elite defense.”If there’s one thing about quarterbacks that matters to Meyer, it’s big-game experience. That was evident when he began the 2015 campaign with Cardale Jones — who led his team to a national championship the year prior —, to be the Week One starter over Barrett, — who became statistically the greatest quarterback in school history.From a scheme standpoint, Meyer has almost always had a quarterback weith the ability to make plays on the ground. Haskins has the skills to extend a play at times, but in no way are his legs a threat for opposing defenses to worry about.The lack of mobility, however, might not be a detriment to his chances of becoming the starter since Ohio State will be returning two previous 1,000-yard rushers. Last season, Barrett out-carried Mike Weber or J.K. Dobbins in seven games and out-carried both combined on two occasions.With that duo behind him, the Buckeyes’ offense can become more simplified. The running backs run and the quarterback throws. And Haskins will throw well because what he lacks on the ground, he makes up for with incredible arm talent.“It would mean the world to me [to be the starter],” Haskins said following Ohio State’s Cotton Bowl victory. “I’ve been working for this since I was a little kid and it’s right there so I’m going to go take it.” read more