Illegal money flows from Africa near $90 billion, UN study says

first_imgTopics : Africa is losing nearly $89 billion a year in illicit financial flows such as tax evasion and theft, amounting to more than it receives in development aid, a UN study showed on Monday.The estimate, in the United Nations Conference on Trade and Development’s (UNCTAD) 248-page report, is its most comprehensive to date for Africa. It shows an increasing trend over time and is higher than most previous estimates.The report calls Africa a “net creditor to the world,” echoing economists’ observations that the aid-reliant continent is actually a net exporter of capital because of these trends. “Illicit financial flows rob Africa and its people of their prospects, undermining transparency and accountability and eroding trust in African institutions,” said UNCTAD Secretary-General Mukhisa Kituyi.Junior Davis, head of policy and research at UNCTAD’s Africa division, told Reuters the figure was likely an underestimate, citing data limitations.Nearly half of the total annual figure of $88.6 billion is accounted for by the export of commodities such as gold, diamonds and platinum, the report said. For example, gold accounted for 77 percent of total underinvoiced exports worth $40 billion in 2015, it showed.Understating a commodity’s true value helps conceal trade profits abroad and deprives developing countries of foreign exchange and erodes their tax base, UNCTAD said.Tackling illicit flows is a priority for the United Nations, whose General Assembly adopted a resolution on this in 2018, and the report urges African countries to draw on the report to present “renewed arguments” in international forums. last_img read more

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Governor Wolf Announces $75.6 Million Investment in Water Infrastructure Projects in 8 Counties

first_imgGovernor Wolf Announces $75.6 Million Investment in Water Infrastructure Projects in 8 Counties Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf SHARE Email Facebook Twitter October 19, 2016 Environment,  Infrastructure,  Press Release Harrisburg, PA – Governor Tom Wolf today announced the investment of $75.6 million for nine drinking water and wastewater projects across eight counties through the Pennsylvania Infrastructure Investment Authority (PENNVEST).“Today the PENNVEST Board of Directors renewed its commitment to clean water in Pennsylvania and to the health of it citizens”, said Governor Wolf. ”The investment of millions of dollars all across the Commonwealth serves as testimony to the Board’s and this administration’s desire to improve our environment and to protect our precious natural resources, for today’s Pennsylvanians as well as for future generation s to come.”Of the $75.6 million, $54.4 million is allocated for low-interest loans and $21.2 million is awarded through grants.The funding comes from a combination of state funds approved by voters, federal grants to PENNVEST from the Environmental Protection Agency and recycled loan repayments from previous PENNVEST funding awards. Funds for the projects are disbursed after bills for work are paid and receipts are submitted to PENNVEST.For more information, visit www.pennvest.state.pa.us or call 717-783-6798.PENNVEST Drinking Water ProjectsSullivan CountyLaporte Borough received a $687,602 loan and a $326,128 grant to replace more than a half mile of deteriorated water distribution lines and construct a 150 thousand gallon water storage tank in order to provide a safe and reliable source of drinking water to its residents.PENNVEST Wastewater ProjectsAllegheny CountyPleasant Hills Authority received a $17,474,300 loan to upgrade and expand its existing sewage treatment plant in order to eliminate wet weather overflow discharges into Lick Run.Allegheny and Washington CountiesWest Elizabeth Sanitary Authority received a $4,942,485 loan and a $3,915,015 grant to construct a new 1.06 million gallons-per-day sewage treatment plant in order to eliminate wet weather discharges into the Monongahela River from its existing 46 year-old plant that occur during we weather.Bedford CountyEverett Area Borough Municipal Authority received a $3,191,950 loan and a $1,558,050 grant to replace more than eight miles of deteriorated sewage collection lines in order to eliminate wet weather overflows into the Raystown Branch of the Juniata River.Cambria CountyJohnstown City received a $6,082,200 loan and a $4,817,800 grant to replace collection pipes, manholes and service laterals in the Moxham area of the city in order to reduce storm water inflows into its sanitary sewer system.Lower Yoder Township received a $6,391,129 loan and a $4,493,871 grant to replace almost eleven miles of deteriorated sewage collection lines, as well as lateral lines that run to within five feet of residents’ homes (with their permission), in order to reduce wet weather discharges into St. Clair Run and the Conemaugh River.Southmont Borough received a $5,818,566 loan and a $2,488,934 grant to install five and a half miles of new sewage collection lines as well as more than seven miles of sewer laterals in order to eliminated wet weather overflows into Cheney Run and the Stonycreek River.Centre and Clearfield CountiesMoshannon Valley Joint Sewer Authority received a $3,902,000 loan to make a variety of upgrades to its wastewater treatment facility in order to improve its efficiency and treatment performance.Erie CountyGreene Township received a $5,916,224 loan and a $3,655,276 grant to construct more than eight miles of sewage collection lines, a pump station and other facilities in order to eliminate discharges of untreated wastewater into ground and surface waters from residents’ malfunctioning on-lot septic systems.last_img read more

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Letters

first_imgAirport trainsSir – We should like to correct the picture caption in RG 3.97 p141 about rolling stock for Hong Kong’s Airport Railway.At the end of 1994, the Mass Transit Railway Corporation awarded a contract to Adtranz-CAF Joint Venture for the delivery of 23 trains for Hong Kong. The leader of the Joint Venture is Adtranz (Germany), whose scope of supply comprises the traction equipment including the control equipment, while CAF will deliver the car bodies, bogies, the interior fittings and the air-conditioning equipment, as well as the complete auxiliary equipment (including static inverter). Assembly and static commissioning will be carried out in Spain, while final acceptance is to take place in Hong Kong.Dave Barry and Edward EvansABB Daimler-Benz Transportation (Deutschland) GmbHRTC Nahverkehr, Großprojekt (Hong Kong-LAR)Hennigsdorf, GermanyTilt realitySir – Your editorial addition to Roger Ford’s article on tilting trains strikes a negative note, though it is good to know that your daughter’s balance canals are in good health. It was during the war that the Royal Aircraft Establishment published the link between vision, balance and nausea which has been so useful ever since to those of us prone to motion sickness.All trains are tilting trains round bends, but most of them are limited to 6in of superelevation whilst tilting trains work around double that, but your daughter never has any discomfort making 1·4 ’g’ turns (40in super-elevation) on her bicycle or skates. Of course the trouble arises when the real eyes are not in a position to see the real fixed world so she should shut those eyes and open the inner virtual reality eyes to paint a picture in line with what those canals know is happening. Once one learns the trick, a rough sea at night can be as pleasurable a sensation as a roller coaster ride in daylight.R L WhiteleyPenwortham, Preston, Great Britainlast_img read more

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What channel is NASCAR on today? TV schedule, start time for Texas race

first_imgThe previously postponed races at Dover and Michigan are now part of Saturday-Sunday doubleheaders at those respective tracks in August.Because New York requires people to quarantine for 14 days after traveling from one of the states impacted heavily by COVID-19 (including North Carolina), the Watkins Glen race on Aug. 16 was moved to the Daytona road course. According to The Athletic, NASCAR tried to get a quarantine waiver for its Watkins Glen races but was denied by Gov. Andrew Cuomo’s office.The Aug. 16 race will be the NASCAR Cup Series’ first on the road course at Daytona. The TV channel for a NASCAR race is elusive enough in a normal season when Fox and FS1 trade broadcasts of Cup Series events through the first half of the schedule before NBC takes over for the second half. The schedule shake-up associated with the coronavirus pandemic make the “what channel is today’s NASCAR race on” question even more understandable.Today, for the first time this season, the TV channel for the NASCAR race is NBCSN. But the O’Reilly Auto Parts 500 at Texas Motor Speedway technically is not the debut of NBC’s coverage this season, as the network presented the Brickyard 400 a couple weeks ago. MORE: Watch today’s NASCAR race live with fuboTV (7-day free trial)Sunday’s race at Texas is the 14th race in NASCAR’s return on an altered, short-term schedule, and the 18th Cup Series races overall as NASCAR attempts to keep a 36-race slate intact for 2020. The Texas race originally was scheduled to run in late March but was rescheduled amid the pandemic.The Texas race also has a later start time than originally scheduled, with the green flag scheduled to wave shortly after 3 p.m. ET rather than 2 p.m. ET.Below is how to watch Sunday’s NASCAR Cup Series race at Texas, including the TV channel and live stream options.What channel is NASCAR on today?Race: O’Reilly Auto Parts 500 at Texas Motor SpeedwayDate: Sunday, July 19TV channel: NBCSNLive stream: NBCSports.com | fuboTV (7-day free trial)Radio: PRNNBCSN is the TV channel for Sunday’s race at Texas now that Fox officially has finished its portion of the broadcast schedule. Of the 20 NASCAR Cup Series races NBC will broadcast in 2020, 12 were scheduled to be shown on NBCSN with the other eight on NBC’s flagship cable network.Because of the schedule shake-up, NBC now gets two Texas races rather than just the October playoff race.As for Sunday’s race on NBCSN, the network has a channel finder feature for viewers to find the TV channel options in their areas.As is the case for all the Cup Series races on NBC and NBCSN this season, Rick Allen will call the race with the assistance of analysts Dale Earnhardt Jr., Jeff Burton and Steve Letarte.What time does the NASCAR race start today?Date: Sunday, July 19Start time: 3 p.m. ETThe green flag for Sunday’s NASCAR Cup Series race at Texas will wave shortly after 3 p.m. ET, assuming there are no rain delays as there have been so often since NASCAR returned to live racing in May.Sunday’s Texas race, rescheduled after it was postponed in March, was moved back to 3 p.m. ET rather than 2 p.m. ET as originally scheduled. The race is scheduled for 334 laps around the 1.5 mile oval.Texas Motor Speedway does have lights, so the later start time won’t impact NASCAR’s ability to get the race in Sunday in the event weather threatens to push it to Monday.NASCAR live stream for Texas RaceAnybody who has a cable or satellite subscription can stream Sunday’s NASCAR race at Indianapolis live via NBCSports.com or the NBC Sports app. This should be the preferred route for a viewer who has such a subscription but isn’t able to get in front of his or her TV.For those who don’t have a cable or satellite subscription, there are five OTT TV streaming options that carry NBC and NBCSN — Sling, Hulu, YouTubeTV, fuboTV and AT&T Now. Of the five, Hulu, YouTubeTV and fuboTV offer free trial options.Below are links to each.SlingHulu (free trial)YouTubeTV (free trial)fuboTV (free trial)AT&T NowNASCAR schedule 2020NASCAR on July 8 released its latest revised Cup Series schedule through August of 2020. It remains committed to running 36 races, four of which were completed before the COVID-19 pandemic shut down the sports world. NASCAR hopes to keep its 10 playoff races in the fall intact and at their original tracks.Below is the schedule revision for the Cup Series regular season, starting with the races at Darlington the Cup Series ran in its return in May.DateTrackTV channelStart timeSun., May 17DarlingtonFOX3:30 p.m. ETWed., May 20DarlingtonFS17:30 p.m. ETSun., May 24CharlotteFOX6 p.m. ETWed., May 27CharlotteFS18 p.m. ETSun, May 31BristolFS13:30 p.m. ETSun, June 7AtlantaFOX3 p.m. ETWed, June 10MartinsvilleFS17 p.m. ETSun, June 14Homestead-MiamiFOX3:30 p.m. ETSun, June 21TalladegaFOX3 p.m. ETSat., June 27PoconoFOX3:30 p.m. ETSun., June 28PoconoFS14 p.m. ETSun., July 5IndianapolisNBC4 p.m. ETSun., July 12KentuckyFS12:30 p.m. ETWed., July 15Bristol (All-Star Race)FS18:30 p.m. ETSun., July 19TexasNBCSN3 p.m. ETThurs., July 23KansasNBCSN7:30 p.m. ETSun., Aug. 2New HampshireNBCSN3 p.m. ETSat., Aug. 8MichiganNBCSN4 p.m. ETSun., Aug. 9MichiganNBCSN4:30 p.m. ETSun., Aug. 16Daytona (road course)NBC3 p.m. ETSat., Aug. 22DoverNBCSN4 p.m. ETSun. Aug. 23DoverNBCSN4 p.m. ETSat., Aug. 29DaytonaNBC7:30 p.m. ETThe Darlington race on May 17 ran instead of the the Chicagoland race that was originally scheduled for June 21. The Darlington race on May 20 ran instead of the postponed Richmond race that was originally scheduled for April 19. The Charlotte race on May 27 ran instead of the Sonoma race that was originally scheduled for June 14.The Pocono doubleheader remained as previously scheduled for the final weekend of June, with the Cup Series racing on back-to-back days. Those races were presented on Fox (and FS1) rather than on NBC. Fox’s closed its coverage this season with the All-Star Race at Bristol on July 15.last_img read more

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Clearview Colts drop to 0-2 at provincials

first_imgThe Colts lost their first game 5-1, and fell last night 8-0 to Surrey. Clearview has two games on today’s schedule. They played at 8 a.m. this morning against South Vancouver Island, and they take to the ice once more at 5 p.m. when they skate with Kamloops at the Pomeroy Sport Centre.First spot in the tournament currently belongs to Surrey with a record of 3-0.- Advertisement –last_img

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