Doncic leads Mavericks over shorthanded Warriors

first_imgUP NEXTWarriors: Finish their three-game Texas trip Sunday at San Antonio.Mavericks: At Memphis on Monday, the Mavericks’ only road game in a five-game stretch. Japeth Aguilar embraces role, gets rewarded with Finals MVP plum The 19-year-old from Slovenia arrived in the NBA having led Real Madrid to the 2018 Euro League title. On Saturday, he hit a 10-footer in the lane with 1:10 left to put Dallas up 109-108, then sealed the game with two free throws with seven seconds remaining.“I’ve been doing this when I was in Madrid, too,” Doncic said. “I love the last-minute shot. (But) of course it’s different. It’s the NBA. It’s the best league in the world.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissGolden State played without injured starters Stephen Curry and Draymond Green and lost for the fourth time in six games. The Warriors dropped back-to-back games for the first time this season, and Saturday they led by eight points in the second half before the Mavs rallied.Kevin Durant scored 32 points, but only three in the fourth quarter on 1-for-7 shooting. Klay Thompson added 22 for the two-time defending NBA champions. Durant missed two shots and Thompson one in the final minute, all of which could have either tied the game or put Golden State ahead. LATEST STORIES Butler hits game winner in OT, 76ers survive Hornets, Walker’s 60 “You don’t set NBA records being frustrated,” Thompson said. “I’m not going to go over here and dwell on missing a couple of shots, missing a game-tying shot this early in the season.”Harrison Barnes had 23 points for the Mavericks, who have won four in a row. It was just the second time Dallas has beaten Golden State in their past 19 meetings, the other coming on Dec. 30, 2015 — one of only nine games the Warriors lost that regular season.An 8-0 Mavs run early in the fourth quarter, capped by Dwight Powell’s three-point play, gave Dallas its first lead since early in the third quarter, 93-92, with 9:18 to play. After Golden State surged ahead again, the Mavericks hung tough and Dorian Finney-Smith’s fast-break layup put Dallas back up 107-106 with 1:45 remaining.“Our guys worked incredibly hard to wear on them throughout the game and we made their shots a little more difficult,” Mavericks coach Rick Carlisle said. “When you work as hard as we did, you get luck to go your way.”In addition to missing Curry (left groin strain) and Green (right toe sprain) in the midst of this rough stretch, the Warriors are still trying to repair the bad feelings caused by Green’s dust-up Monday night with Durant and subsequent suspension.ADVERTISEMENT Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Tim Cone, Ginebra set their sights on elusive All-Filipino crown “Just trying to move forward,” Durant said. “Are we going to talk about this the whole year? We just want to play ball. I know that’s all I want to do.”COULDA COST THEMDallas, a 76 percent free throw-shooting team for the season, struggled in going 22 of 34 at the line, though Doncic came through when it mattered most. Dennis Smith Jr. was 2 for 7, and Barnes was an uncharacteristic 7 for 11.“I love that we are getting to the line, to put a positive bent on it,” Carlisle said.REPLACEMENTS COME THROUGHThe Warriors got valuable contributions from reserves Quinn Cook and Damion Lee, the latter playing on a two-way contract. Cook scored 15 points and Lee a season-high 13.Lee had 11 first-half points, the same amount he had scored in 24 minutes of action all season prior to Saturday. He had eight points in a 22-11 second-quarter run that gave Golden State a 44-37 lead.TIP-INSWarriors: Durant and coach Steve Kerr received technical fouls for protesting when Durant was called for traveling after being bumped in a Mavericks double-team with 1:01 left in the first quarter. Barnes’ ensuing free throws gave Dallas its biggest lead, 26-18. … Kerr said Green would “almost for sure” miss the team’s game Sunday at San Antonio and then be re-evaluated before the Warriors host Oklahoma City on Wednesday. … Curry said he was hopeful he would return to action later this month as he continues his rehab.Mavericks: Wesley Matthews missed his second game in the past three with a left hamstring strain. He played 20 minutes Wednesday against the Jazz. … Smith, a 2018 Slam Dunk Contest finalist, had an embarrassing moment in the first quarter when he missed an uncontested breakaway attempt. He went up two-handed and slammed it hard off the back rim. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Gov’t to employ 6,000 displaced by Taal View comments Allen Durham still determined to help Meralco win 1st PBA title Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew MOST READ Nadine Lustre’s phone stolen in Brazil Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Sports Related Videospowered by AdSparcRead Next Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Don’t miss out on the latest news and information. Golden State Warriors Stephen Curry, left, and Kevin Durant look on from the bench as the Warriors play the Dallas Mavericks during the second half of an NBA basketball game, Saturday, Nov. 17, 2018, in Dallas. The Mavericks won 112-109. (AP Photo/Ron Jenkins)DALLAS — Luka Doncic gave the Dallas Mavericks a glimpse of an exciting future — and extended a bad week for the Golden State Warriors.The rookie scored 24 points, including a short jumper that put Dallas in front for good, and the Mavericks beat the Warriors 112-109 on Saturday night.ADVERTISEMENTlast_img read more

Lesia Tsurenko upsets 2nd-seeded Naomi Osaka to reach Brisbane final

first_imgLesia Tsurenko of Ukraine plays a shot during her semi-final match against Naomi Osaka of Japan at the Brisbane International tennis tournament in Brisbane, Australia, Saturday, Jan. 5, 2019. (AP Photo/Tertius Pickard)BRISBANE, Australia — She’s ranked No. 5 in the world, will enter the season-opening major as a reigning Grand Slam champion, and is trying not to sulk.A lot has happened for Naomi Osaka since she beat Serena Williams in the U.S. Open final last September, and she’s still coming to terms with it. Mostly, it’s the expectations.ADVERTISEMENT Roger Federer wins Hopman Cup with Switzerland for record 3rd time He’ll play fourth-seeded Daniil Medvedev, a 7-6 (6), 6-2 winner over Jo-Wilfried Tsonga, in Sunday’s final, where he’s hoping to claim his first title since Memphis in 2016.Tsurenko is 4-0 in finals, and is hoping to extend that streak when she takes on No. 5-seeded Karolina Pliskova, who beat Donna Vekic 6-3, 6-4 in the night semifinal.Tsurenko had lost both previous encounters to Osaka, including their U.S. Open quarterfinal.From 15-40 down in the ninth, Osaka saved two match points with aces, got the advantage with an audacious drop shot and then held with an ace to ensure Tsurenko had to serve out.Tsurenko went on the attack, earned another two match points with a volley winner and clinched it with the second of those.She has grown in confidence since her trip to the U.S. Open quarterfinals, and is playing with more aggression.“I don’t want to say that this was my best tennis, but it was quite a high level,” Tsurenko said. “I feel I can kind of handle every kind of pressure on court now, even when someone like Naomi is playing really strong.”Osaka is having to deal with different expectations now.“Before, I would just be nervous to be there in a way, and now I feel nervous because I think I should win … and I feel like people expect me to win,” she said. “So that’s like an added amount of nerves. But, I mean, I feel like I’m getting used to it.”Osaka will continue her preparations for the Australian Open, which starts Jan. 14 in Melbourne, with an emphasis on trying to not to sulk when things are going wrong. Osaka kicked the air at one point and dropped her racket to the court after missing another, before visibly questioning how she could be getting it so wrong when her forehand skewed wide on game point.“I was sulking a little bit, and like there are moments that I tried not to do that. But then the ball wouldn’t go in, and then I would go back to being like childish and stuff,” Osaka said. “So I think like that was sort of my main problem today.“I feel like last year I did a lot of that, and I’m trying to change it more, and I think I have — like toward the end of last year. Hopefully this isn’t like a recurring thing.”Japanese flags were still waving in the crowd at Pat Rafter Arena for the next match, when No. 2-seeded Kei Nishikori defeated Jeremy Chardy 6-2, 6-2 in 66 minutes.“Felt very good physically and, tennis-wise, I think it was perfect,” Nishikori said.ADVERTISEMENT In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ LATEST STORIES Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Japeth Aguilar wins 1st PBA Finals MVP award for Ginebra Will you be the first P16 Billion Powerball jackpot winner from the Philippines? She has reached the semifinals or better at four of her last five tournaments but hasn’t added another title.A 6-2, 6-4 loss to No. 27-ranked Lesia Tsurenko on Saturday cost second-seeded Osaka a place in the Brisbane International final and a move up to the No. 3 world ranking — which would be a record high for a player from Japan.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back Chriss“If I’m being really frank, I just feel like I had like the worst attitude today,” the 21-year-old Osaka said. “I feel like I didn’t really know how to cope with not playing well.”She dropped two service games in the first and went down an early break in the second but had chances to get even in the sixth game, when she had two break points but committed a string of unforced errors and Tsurenko held for 4-2. Nadine Lustre’s phone stolen in Brazilcenter_img Ginebra beats Meralco again to capture PBA Governors’ Cup title MOST READ Philippine Army to acquire MANPADS, self-propelled howitzers “In a way this experience for me is better than winning the tournament, because like this helpless feeling I have, I think today I learned sort of what I … I can do to like improve the situation,” she said. “There aren’t many moments that I feel like that. But, yeah, I feel like today was a very valuable lesson.”Sports Related Videospowered by AdSparcRead Next Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Ginebra beats Meralco again to capture PBA Governors’ Cup title Tom Brady most dominant player in AFC championship history Don’t miss out on the latest news and information. View commentslast_img read more

Adrien Broner: I don’t care about Mayweather and Pacquiao

first_imgGinebra beats Meralco again to capture PBA Governors’ Cup title Tom Brady most dominant player in AFC championship history In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next Don’t miss out on the latest news and information. Nadine Lustre’s phone stolen in Brazil Record 20 teams joining new PBA D-League season Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Philippine Army to acquire MANPADS, self-propelled howitzers Japeth Aguilar wins 1st PBA Finals MVP award for Ginebracenter_img But Broner has a much more important matter to address, which is his title fight against WBA welterweight champion Pacquiao on January 19 in Las Vegas.“No disrespect,” Broner said, “but I don’t give a (expletive) about Mayweather and Pacquiao.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back Chriss“I’m focused on Adrien Broner and Pacquiao,” Broner said. “And, you know, I’m focused on getting this victory and I’m gonna go to the drawing board with my team – Stephen Espinoza and Al Haymon – and we gonna make bigger moves.”The Pacquiao is going be the biggest name Broner has ever faced and a victory over the Filipino legend would definitely catapult the American challenger to new heights. Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college MOST READ LATEST STORIES Broner (33-3-1, 24 KOs, 1 NC)  is a four-division champion hasn’t been performing as one in his last three fights, which ended in a controversial split-decision win over Adrian Granados, a loss to Mikey Garcia and a majority draw against Jessie Vargas last April.RELATED VIDEO MIAMI, FL – DECEMBER 18: Adrien Broner arrives to the 5th Street Gym prior to his workout for the media on December 18, 2018 in Miami, Florida. Broner is scheduled to fight Manny Pacquiao on January 19th in Las Vegas, Nevada. Michael Reaves/Getty Images/AFPAdrien Broner couldn’t care any less about the rumors surrounding a potential Manny Pacquiao and Floyd Mayweather Jr. rematch.The possibility of a second installment between Pacquiao and Mayweather was again entertained after the two rivals met at a music festival in Japan last September and more recently in an NBA game between the Los Angeles Clippers and Charlotte Hornets at Staples Center in Los Angeles four days ago.ADVERTISEMENT Ginebra beats Meralco again to capture PBA Governors’ Cup title View commentslast_img read more

Journalist Garzeawuu Regrets Incident in Tubmanburg

first_imgLiberian Sport Journalist Moses Garzeawu has expressed contrite feeling for the fighting incident that transpired between him and Liberian Express Newspaper Editor Kpadeh Smith on May 5 in Tubmanburg, Bomi County.Garzeawu admitting to and expressing regret for the incident on May 7, 2014 said he is not known for such a behavior in the public, but was gravely agitated by constant physical attack from Smith, who was heavily under the influence of alcohol.Moses Garzeawu, who also serves as vice president for the Sport Writers Association of Liberia (SWAL) said he was extremely offended by his rival when he allegedly assaulted him and wasted the food he (Moses) was eating.According to him, the physical attack couple with preceding attacks on him on the vehicle journalists were travelling on from Bopolu, got him to lose control of his emotions to unethically conduct himself in such a manner.While expressing his regret for the act, Moses, however, dispelled reports that he was “briefly detained” at the police station in Tubmanburg following the incident.He said he was only invited to answer questions when report of fighting between him and Kpadeh reached the police.Although he was kept in the premises of the police for a few hours, he contended that it was not meant for detention but to answer to questions about the incident, arguing that the long time of stay was intended to await the arrival of Kpadeh Smith, who was undergoing medical treatment at the time.He apologized to his media colleagues and the public for the act, vowing to exercise restraint in such a tempting situation and any kind that may come his way.It can be recalled that on May 5 while returning from Bopolu following celebrations of World Press Freedom Day in Gbarpolu County, Journalists Moses Garzeawu and Kpadeh Smith went into bloody fist fight in Tubmanburg when Kpadeh, who was under alcoholic influence allegedly assaulted Moses and wasted his food.The incident drew police attention when Peter Fahn of New Liberia Newspaper took the matter there and Moses was taken to the station.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Cartoon: August 14, 2014

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Less Than 400 Ebola Cases Nationwide as Ebola Declines, Says Dorbor Jallah

first_imgRestrictions on the movement of people, quarantining of communities and positive response to the frequent washing of hands and avoiding infested dead bodies have helped to reduce the infection rate of the Ebola virus throughout Liberia, according to Mr. James Dorbor Jallah, Deputy Incident Manager for support services at the Incident Management System.Moreover as the Dry Season approaches in Liberia, he said, intense heat and sunlight will contribute to Liberia’s effort to eradicate the disease. The Ebola Virus has been described as ‘fragile’ by the US Centers for Disease Control and Prevention, CDC, and is easily destroyed by heat and sunlight.The Incident Management System, (IMS) is the body that has replaced the National Ebola Taskforce set up by the Liberian government earlier in the Ebola fight, headed by President Ellen Johnson-Sirleaf.  Mr. Jallah told the Daily Observer in an exclusive interview in Monrovia Sunday that despite the optimism, “We should remember that we are still fighting the Ebola Virus disease and, therefore, there is no need for celebration.”  Instead, he emphatically stated that the Liberian public should continue to take all safety measures, including regular hand washing, refraining from touching infected persons or dead bodies, avoiding all cultural and traditional practices that could spread the disease and  avoiding movement from one area to another.     According to Mr. Jallah, coordinated information reaching his office from the various Ebola Treatment Units, (ETUs), indicates that across the country, “there are less than 400 people who are in treatment.” “Therefore,” Jallah said, “there are more than 300 ETUs that are empty, which means they are without people who are being treated for the virus.” The latest report has also made it clear that decisions and recommendations approved by President Ellen Johnson Sirleaf and implemented by the Liberian government have worked to reduce increased infection from the insidious disease, Mr. Jallah said.  “All of us should continue with the measures outlined in this fight,” he said, “because the less than 400 people being treated in the various ETUs is still a high number,” he noted.   With particular reference to the six hardest hit counties of Montserrado, Bomi, Bong, Lofa, Nimba and Margibi, Jallah said, “Lofa County, particularly Foya and Barkedu, have registered less than ten persons in treatment in the last couple of weeks.”   At the peak of its infection, Jallah said, nearly eighty people were admitted at the ETU in Foya, with most of the cases coming from Quarduboni.   “The infection reduced tremendously when the communities in Lofa and citizens from areas in Monrovia, including religious leaders, got involved,” Jallah disclosed. “They implemented the measures issued by government and that has brought relief,” he said. Jallah said, “Currently, Foya has reported no new cases and the 120 bed ETU is empty.” While these reports show a success story, the World Health Organization, (WHO) has indicated that there could be 10,000 infections weekly in the coming weeks in Liberia. But with the dry season now in Liberia, as mentioned earlier, nature could work to support the fight against Ebola, according to health officials.   Since there are “sparks” of cases now and then, according to Jallah, “Liberia is still in the woods, meaning the country is not yet out of danger.  However, recent reports on the decline in the use of the ETUs do not support the WHO’s dire prediction.  Jallah, whose division coordinates and ensures the effective provision of non-medical support to the Incident Management System, (IMS), said the re-organization of the National Ebola Task Force, headed by President Ellen Johnson Sirleaf, is effective in its fight against the disease.   He insisted that what could be considered as a success story came about and would continue if Liberians and residents take the following measures daily: Avoid touching sick or dead persons; Avoid movement from one community to another, particularly for people who may have been exposed to the virus and If one gets exposed to the virus, observe the 21-day quarantine.   Other measures are: Avoid contact with sick, symptomatic, or dead person’s saliva, excretion, vomit, urine, semen, etc.; Wash your hands regularly and Wash your hands when entering AND leaving buildings, since it is possible for an infected person to leave a virus on surfaces and other areas which people find easy to touch, such as door handles and stair rails.   Meanwhile Mr. Tolbert Nyenswah, Incident Manager of the Incident Management System of the Ebola Response, corroborated Mr. Jallah’s report yesterday in a phone interview and added that since October 19, there have been 329 patients in ETUs with 725 bed capacity across the country.  “While we are encouraged by such a prospect, it does not mean we are free from the disease,” Nyenswah said. “It is too early to determine why there are not many cases and we are investigating.”   Nyenswah said there are possibilities that “We have Ebola infected individuals in our various communities,” stressing on the need to follow measures outlined by the Liberian government in its fight against the disease.  In addition a source at the Foya Ebola Treatment Unit, (ETU), confirmed to the Daily Observer yesterday in a telephone interview that “in the last two and half weeks, there have been no new cases.” This corroborates information from the nerve center in Monrovia.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

4 Elementary Schools under Construction in Nimba

first_imgThe local authority of Nimba County has signed contractual agreements with four construction companies to construct four elementary schools in Sanniquellie Administrative District of Electoral District #2.Over the weekend, the four companies, Origin Construction Company, Liberia Reconstruction Group Incorporated, Jireh Construction Expertise Incorporated, and Textual Accuracy Construction and Consultancy, signed separate agreements to construct the elementary schools in Gbonnie, Zolowee, Kinnon, and Gehwee towns.The County Acting Project Management Committee Chairman, Eddie Z. Tenwah, who made the disclosure yesterday via a mobile phone interview, put the cost of the projects at US$166,313.10.According to Mr. Tenwah, construction of the four schools will be completed in three months in keeping with the contractual agreement.Each of the units, when completed, will consist of six class rooms, a principal’s office and teachers’ lounge; a special toilet for the staff and another for general use.As for the Gboa Gehwee project, it is funded from the BHP Billiton affected communities which amounted to 20 percent of allocation, while the Kinnon, Zolowee, and Gbonie projects are funded from the Arcelor Mittal Social Development Fund, with similar percentages of allocation for the most affected communities.BHP Billiton and ArcelorMittal are both mining companies operating in the old mining Town of Yekepa.Superintendent Fong G. Zuagele, who signed the agreement for the county administration, said the contracts satisfied Public Procurement Concessions Commission (PPCC) procedures, and would be closely monitored.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Strong Banking Industry, Weak Profitability

first_imgThe banking sector continued its strong performance for the second quarter of 2014 with key items on the industry’s balance sheet showing improved feat. According to the Central Bank of Liberia (CBL), the sector’s key balance sheet items at the end of June, 2014, were higher than their previous quarter positions. This, according to the regulator, is on account of revaluations of fixed assets and depreciation of the Liberian dollar against the United States dollar.The Bank reported industry’s strong capitalization and liquidity position, but pointed out that its profitability still remained subtle [fragile or weak] due to poor assets quality of few banks driven by weak credit administration and high operation expenses. The CBL highlights increased in non-performing loans in the industry as discussed below.On the balance sheet side, however, a data published by CBL for the second quarter of 2014 indicates that the industry’s balance sheet, in terms of total assets, expanded by 9.4 percent to over L$75 billion over the previous quarter and by 20.7 percent over the corresponding period in 2013. Similarly, total loans and advances grew by 6.3 percent to L$30.0 billion compared with the previous quarter and 31.4 percent when compared with the same period in 2013. The industry’s total capital also increased by 17.7 percent to L$11.0 billion at end of June, 2014, compared with the previous quarter and 30.9 percent from June of 2013. Deposits being the dominant source of financing of the banks’ assets base, however, recorded a decrease of 4.0 percent to L$46.6 billion compared with the previous quarter, but recorded 6.6 percent growth over the figure recorded for the same period a year ago. The CBL noted that overall growth rates reflect continuous confidence in the banking system; increased financial deepening and increased economic activities in the country. The capital adequacy ratio (CAR) for the industry, however, decreased slightly from 22.5 percent at the end of the first quarter to 22.3 percent at the end of June, 2014. The Bank meanwhile noted that all of the banks are in excess of the minimum requirement of 10 percent when measure by the CAR.Two banks, names withheld, fell short of meeting the minimum net worth requirement for each bank. “It must be noted that these capital levels are adjusted based on the bank’s international financial reporting system (IFRS) submission to the CBL. That is, the increase in the industry’s net worth is largely due to revaluation of fixed assets to reflect the fair value measurement as well as exchange rate factor,” the CBL stated.Non-Performing Loans The Central Bank also reported in non-performing loans (NPLs). According to the CBL, the NPLs as a ratio of total loans in the industry increased slightly by 1.0 percentage point to 15.5 percent during the second quarter in 2014. Despite this slight increase however, NPLs as a ratio of total loan improved by 3.3 percentage points compared with the corresponding quarter in 2013. This means that NPLs deteriorated by 13.9 percent to about L$4.7 billion as at end-June, 2014 in absolute term. The CBL declared that six of the 9 banks recorded NPLs loans to total loans above the regulatory limit of 10.0 percent, while the remaining 3 banks fell within the limit. The industry recorded gross earnings of L$3.7 billion and operating profit of L$968.3 million [before loan loss provisions and taxes] at the end of the second quarter and this represented improvements by 36.8 percent and 115.4 percent when compared with the corresponding quarter in 2013. Like the second quarter in 2013, the industry also recorded a net loss position at end of June, 2014. Five of the banks recorded profits, while the remaining 4 banks recorded net loss positions.About 51.5 percent of earnings in the industry were from non-interest sources, down from 54.2 percent recorded in the preceding quarter, reflecting the low profitability of financial intermediation in the banking sector, the CBL added.The composition of the industry’s liquid assets shows that most of the banks’ assets are held in foreign accounts, which the CBL has observed, may pose a potential liquidity risk to the system in meeting domestic liquidity needs.However, except for two banks, the loan to deposit ratios both at individual bank and industry levels are below 70.0 percent. This, the CBL says is evident of the comfortable liquidity position of most of the banks to meet the liquidity needs of their customers.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Catholic Hospital Reopens Soon, As Archbishop Zeigler, Others Meet with President

first_imgThe Catholic Archdiocese of Monrovia (CAM) has concluded plans that will ensure the reopening of St. Joseph Catholic Hospital, which has since the Ebola outbreak been closed.  St. Joseph will resume the provision of normal health services to the general public later this month, Archbishop Lewis Zeigler has disclosed.Archbishop Zeigler, who led a high level CAM delegation on Tuesday, met with President Ellen Johnson Sirleaf at her Foreign Ministry office, and informed her that the reopening is in partnership with the International Committee of the Red Cross (ICRC), an Executive Mansion statement said.Other members of the delegation were the Secretary of the Catholic Bishops’ Conference, Rev. Fr. Patrick Kabba; CAM’s Vicar General, Rev. Fr. Charles Boyce; Dean of the Mother Pattern College of Health Science, Stella Maris Polytechnic, Rev. Sister Barbara Brillant; member of the Catholic Church Ebola Taskforce, Mr. Samuel Kofi Woods.Others were Acting Administrator of the St. Joseph’s Catholic Hospital, Rev. Brother Bernard Isah Benda; and member of the Coordinating Taskforce for the Re-opening of the St. Joseph’s Catholic Hospital, Rev. Brother Jose Maria Viadero.As a result of the severity of the Ebola outbreak and its severe toll  on the facility, St. Joseph’s shut its gates in late July. This was right after the controversial case of Patrick Sawyer, a Liberian-American businessman who became globally known when he took the virus to Nigeria after being infected when he took his infected  sister to St. Joseph’s for treatment. After she died of Ebola, he flew to Nigeria, sparking the outbreak there. He also died of the virus in Nigeria.The original closure of St. Joseph’s was supposed to last a month. The Medical Director of the hospital, Samuel Bowman, 72, said the idea was for the facility to regroup and the wards disinfected. This was  supposed to have been done by the Health Ministry, but to no avail. So the hospital had to turn away pregnant women, children with broken arms, and patients with diarrhea and malaria whom the hospital had routinely treated over the years.Speaking with President Sirleaf about the planned reopening, Archbishop Zeigler indicated that activities at the hospital will initially focus on the Maternal Ward, to be followed by the Pediatric Ward and subsequently the General Ward.  He said 14 of the 18 Catholic-run health institutions across the country had been open throughout the crisis.Archbishop Zeigler reflected on the tragedy in August and September that led to the loss of nine members of the hospital’s staff, including four missionaries, among them a  Spanish priest, Father Miguel Pajares, who contracted the virus and later died in a Madrid hospital, where he and five other staff had been evacuated, “The church was completely devastated and indeed felt the weight of the death toll inflicted on it by the Ebola virus in August and September,” he said, adding,  “It certainly was not easy and we will always remember our dedicated healthcare workers and missionaries who died serving humanity.We thank God for the strength to have endured and overcome.”He informed President Sirleaf that the church looks forward to assistance from the Government of Liberia,  especially for the healthcare workers who will provide services at the hospital.”The Catholic prelate thanked President Sirleaf and her Government for finally taking control of the further spread of the disease with the support of the Liberian people and international partners. He also warned against blowing-up the success in the Ebola fight thus far with complacency, as such attitude could reverse the gains and lead the country back to the terrible experience of the last few months.Rev. Brillant, who is also head of the Catholic Church Taskforce on Ebola, briefed President Sirleaf about the Church’s Ebola campaign and the steps taken thus far towards the resumption of operations at the St. Joseph Catholic Hospital. “Operations at the hospital will include care centers, triaging facilities and the regular hospital activities to ensure the safety of workers and patients as we commence operations later this month,”President Sirleaf described the decision of the Catholic Church to re-open St. Joseph as the happiest news of the week for the Church, government and the country as a whole, while at the same time commending the Church for its commitment to Liberians.She expressed sympathy and sorrow for the losses sustained by the hospital and promised to work with the government’s health team and partners to look into what can be done for healthcare workers who will be assigned at the hospital as it reopens.“The hazard pay introduced during the fight against Ebola was time bound for six months initially, but we can look into what can be done with Ebola still around. We must find a way to meet the needs of those who take the risk to provide healthcare services during this Ebola crisis,” President Sirleaf said. She promised to raise the matter at the next meeting of the Presidential Advisory Council on Ebola where the matter will be fully discussed.She said government is pleased with the progress in the fight so far due to the efforts of all. She noted that government was trying now to shift attention to upgrading the regular healthcare facilities and provide adequate training for healthcare workers across the country.President Sirleaf also informed Archbishop Zeigler and his delegation that in partnership with the Clinton Health Initiative, Government is developing a 10-year plan to upgrade the health system with strong infection control mechanisms for future disease outbreaks and health crises.Founded in the 1960s, St. Joseph’s touts itself as the oldest continuously operating hospital in the country. It stayed open throughout the brutal regimes and rebel wars of the 1990s.The hospital over the years  has been run by the Brothers of St. John of God, who have since returned to Liberia and will continue to run the hospital.The 140-bed facility, during the heat of the Ebola crisis, had only a handful of the full-body protective suits which have become the standard for treating Ebola patients. As a result of the limited number of PPEs the hospital staff had to use them “sparingly.”The medical director of the facility, Samuel Bowman, 72, upon the closure of the facility, said that St. Joseph’s wasn’t even supposed to treat Ebola patients, but some ended up on its wards. “In the process, our hospital director became infected by one of the patients, and he subsequently died. And those who had direct contact with him got infected.”Some of the medical practitioners inffected at the time were, a brother, two sisters, two staff nurses, the social worker and a laboratory technician.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Homeland Security Approves TPS for Citizens of Ebola-ravaged Nations

first_imgRev. Torli Krua, pastor of the Boston-based Ziah Mission Baptist Church, spoke of an under-reported consequence of the Ebola outbreak in West Africa at the Boothbay Harbor Memorial Library in early November.The status of thousands of citizens from West Africa stranded in the United States with no support due to flight cancellations, border closures  and other extraordinary circumstances that Krua spoke of has changed.As of Nov. 21, the Department of Homeland Security has granted temporary protective status to citizens of Guinea, Sierra Leone and Liberia who have been stuck in the U.S. due to the Ebola epidemic. The change in immigration status will enable citizens from those countries to work in the U.S. for a period of 18 months.”I feel great,” Krua told The Lincoln County News. “The problem of being stranded in winter in a foreign country is no small problem. I’ve been getting a lot of phone calls from people. Everyone is very happy.”Alfrida Barr, a Liberian, joined Krua at the Boothbay Harbor lecture Nov. 8 to speak about her experience. Barr has been stuck in New England since August with her 2-year-old daughter, Pearl. She was unable to return home and, until recently, she was unable to work in the U.S. to support herself and her daughter.Krua was actively raising awareness about the plight of stranded West African citizens like Barr through petitions, media advocacy and contact with legislators. He   was attempting to have those individuals granted temporary protective status. His efforts were successful.”This is what democracy is all about,” Krua said. “If you see a need, you can’t just sit and wait for the government to do something. The people need to stand up and do it.” Jason Schlosser, of Southport, was an early signatory to a petition for temporary protective status circulated by Krua. “I was moved to sign the petition because of the relationships I have with refugees here in New England,” Schlosser said.”The issue became much different for me after interacting with them and seeing their path as displaced persons. Meeting Alfrida and Pearl, knowing that they were homeless, was the reason alone I was moved to sign the petition.”Noting the divisiveness caused by immigration policy, Schlosser said he was pleased to learn that temporary protective status was granted to citizens from the Ebola-ravaged nations of West Africa.  But he wished it was something that brought people together rather than tore them apart.”I was happy for Alfrida and Pearl,” Schlosser said. “But I was heavy-hearted about some of the division that the petition caused on the political level. We as people seem to be so easily divided.”The immigration debate has been the subject of heated discourse on Capitol Hill and in local communities. Temporary protective status is not a pathway to citizenship in the U.S. It is a temporary immigration status change extended to foreign nationals under extreme circumstances.   It gives them the opportunity to find legal employment in the United States for a limited period of time.The change in immigration status for the approximately 8,000 individuals from Guinea, Sierra Leone, and Liberia stranded in the U.S. will generate revenue for the US government, Krua said. According to him, the fee to apply for temporary protective status is USD518 and the U.S. government will collect taxes on the legal employment of those individuals.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more