ANN ARBOR, MI – NOVEMBER 17: Fans of the Michigan Wolverines react to a 14-3 loss to the Ohio State Buckeyes on November 17, 2007 at Michigan Stadium in Ann Arbor, Michigan. (Photo by Gregory Shamus/Getty Images)It may be June, but Ohio State and Michigan are in mid-season form in the trash talk department. Saturday night, Buckeyes wide receivers coach Zach Smith, taking exception to what appears to be a recruiting pamphlet produced by Michigan, blasted the Wolverines on Twitter. Smith, who is clearly ticked off that Michigan is is promoting its assistant coach Jedd Fisch as a better alternative for recruits to develop under, fired back, boasting about Ohio State’s three victories in a row over the Wolverines.Smith also predicted a fourth straight victory and posted a photo of all of the rings he’s won in his coaching years. It’s strong.U mad bro?? #LevelsToThis #IfTheyAintHatingYouAintPoppin pic.twitter.com/QhnJceNL4W— Zach Smith #Zone6 (@CoachZachSmith) June 7, 2015@CoachZachSmith that’s all they got?!— Darron Lee (@DLeeMG8) June 7, 2015Check my Resume… And if it’s confusing… Check my live resume next November. It will be the same resume as the last 3 Novembers.— Zach Smith #Zone6 (@CoachZachSmith) June 7, 2015Back to my regularly scheduled Saturday… #ThisAintWhatYouWant #Zone6 pic.twitter.com/6bxT0IoN3E— Zach Smith #Zone6 (@CoachZachSmith) June 7, 2015Jim Harbaugh and his staff certainly aren’t bowing down to Ohio State. But the Wolverines may want to win a few games before they start comparing anything between the two schools.
While OPEC’s largest producer, Saudi Arabia, is seen to be open to higher production, Iran has been hesitant because of its trouble to increase output and tensions with the U.S. President Donald Trump has been calling publicly for the cartel to help lower prices.The production limits by the Organization of the Petroleum Exporting Countries and Russia since 2016 have helped increase oil prices, with the benchmark U.S. crude contract hitting its highest level in more than three years in May. Some analysts note that while Trump has blamed OPEC, his policies have also helped increase the cost of oil by, for example, limiting exports from Iran.Some analysts believe that Saudi Arabia needs a Brent price closer to $90 a barrel to cover its domestic spending but is feeling pressure from the United States to head off rising prices by boosting output. Russia may be happy to pump more oil and settle for prices in the $60s, according to Tamar Essner, chief energy analyst for Nasdaq.There are other considerations than dollars and rubles. How that translates into effective production increases is uncertain, as some OPEC countries cannot easily ramp up production. Iran, for example, has been hit by U.S. sanctions that hinder its energy exports. Venezuela’s production has dropped amid domestic political instability.The price of oil jumped after the announcement, with the international benchmark, Brent, gaining $1.61 to $74.66 a barrel.Al-Mazrouei noted that the decision “is challenging for those countries that are struggling with keeping their level of production.” However, he indicated that some countries could pick up production if others lag.“We will deal with it collectively,” he said.Friday’s decision means OPEC will observe the production level it agreed on in late 2016, when it cut output by 1.2 million barrels a day. In practice, its combined output was even less due to production problems. That has since then helped push up the price of oil by almost 50 percent.Non-OPEC countries like Russia had agreed in 2016 to participate in OPEC’s effort to raise prices, cutting 600,000 barrels a day of their own production. They will discuss with OPEC on Saturday on whether to increase their own production. Daniel Yergin, the vice chairman of research firm IHS Markit and author of several books on the energy industry, says geopolitical factors are a big element in the oil production talks.Yergin said Saudi Arabia and the United Arab Emirates support the current, tougher U.S. policy toward Iran, Saudi Arabia’s rival for influence in the region. So they will want to support Trump’s call for higher production and lower prices. Iran will struggle to increase production, meaning it could lose market share and revenue.By Kiyoko Metzler And Geir MoulsonTHE ASSOCIATED PRESS VIENNA, AUSTRIA – The OPEC oil countries agreed Friday to increase their combined production by almost 1 million barrels a day, though questions remain over some members’ ability to do so amid domestic trouble and sanctions.After a meeting in Vienna, Emirati Energy Minister Suhail al-Mazrouei said the cartel decided to fully comply with its existing production ceiling.Because the group had been producing below that level, that effectively means an increase in production. The minister said that amounts to “a little bit less than 1 million barrels.”
Jaipur/Bhopal/Ahmedabad: Nearly 50 people were killed as rains coupled with thunderstorm and lightning hit several parts of Rajasthan, Madhya Pradesh, Gujarat and Maharashtra overnight, officials said Wednesday. The unseasonal rains and storm also caused damage to property and crops in Gujarat and Rajasthan. Rajasthan witnessed the maximum casualties with 21 people killed in rain-related incidents following by Madhya Pradesh where 15 were killed. While 10 people were killed in Gujarat, three were killed in Maharashtra. Also Read – India gets first tranche of Swiss bank a/c details Prime Minister Narendra Modi took to twitter in the morning to express anguish over the loss of lives in the rains in Gujarat and announce relief. Soon afterwards Madhya Pradesh Chief Minister Kamal Nath hit out at the prime minister, accusing him of being concerned only about his home state Gujarat. The PMO in a tweet later said,”PM @narendramodi has expressed grief at loss of lives due to unseasonal rains and storms in MP, Rajasthan, Manipur & various parts of the country”. Also Read – Tourists to be allowed in J&K from Thursday “An ex-gratia of Rs 2 lakh each for the next of kin of those who lost their lives due to unseasonal rain & storms in MP, Rajasthan, Manipur & various parts of the country has been approved from the PM’s National Relief Fund. Rs 50,000 each for the injured has also been approved,” the PMO said. Home Minister Rajnath Singh said the government is closely monitoring the situation in rain-hit areas and is ready to provide all possible help to states affected by rains and thunderstorm. In Jaipur, Rajasthan Relief Secretary Ashutosh A T Pednekar said 21 people died due to unseasonal rains. “4 deaths were reported in Jhalawar, Udaipur and Jaipur each, two each in Jalore and Bundi and one each in Baran, Rajsamand, Bhilwara, Alwar and Hanumangarh, he said. Compensation of Rs. 4 lakh each has been announced to the families of victims. Another official said crops have suffered damage and the assessment is being done. Several cattle were also killed in rain-related incidents. Condoling the deaths, Chief minister Ashok Gehlot said in a tweet, “Deeply pained by loss of lives due to unseasonal rains and storms in various parts of the country including Rajasthan. My thoughts and prayers are with bereaved families. I pray for the speedy recovery of those injured”. Of the total 21 deaths, 7 are in Kota division.Heavy dust storm accompanied by moderate to heavy rains, thundershowers also lashed parts of Hadouti region (Kota division) on Tuesday causing damage to crops. Survey of crop damage is underway. BJP candidate from the constituency Om Birla demanded the state government declare compensation to farmers for crop damage. Birla also blamed the state government for not issuing alert and taking measures to prevent the crop damage. The department has predicted dust storm/thunderstorm accompanied with high velocity winds and lightning at a few places during the next 24 hours. Officials in Bhopal said unseasonal rain accompanied by thunderstorm and lightning hit various parts of Madhya Pradesh, leaving 15 people dead and injuring some others. Rains claimed three lives each in Indore, Dhar and Shajapur, two in Ratlam and one each in Alirajpur, Rajgarh, Sehore and Chhindwara districts. Nath expressed grief over the deaths and charged that Modi’s concerns were limited to his home state Gujarat. “Modiji, you are the PM of the country and not of Gujarat. In MP also, more than 10 persons were killed because of unseasonal rains, storm and lightning. But you have confined your feelings to Gujarat only. Though your party has no government here people live here also,” Nath said in a tweet. The BJP hit back, accusing Nath of doing politics over the loss caused by rains and storm. BJP media head and Rajya Sabha MP Anil Baluni said in Delhi that Nath is well aware of the procedure that the state government has to first inform the Centre about the damage in such a natural tragedy to get relief but instead of doing so, he was tweeting and doing politics. “Instead of informing the Centre, he chose to do politics over the tragedy,” Baluni charged. In Ahmedabad, Gujarat government’s director of relief G B Manglpara, told PTI that at least 10 people have died in the rain and dust storm reported from various areas including districts in North Gujarat and Saurashtra region. Also, a portion of a tent erected for Prime Minister Modi’s rally in Himmatnagar town of North Gujarat was also damaged in the dust storm, an official earlier said. Gujarat Chief Minister Vijay Rupani announced an aid of Rs 2 lakh each to the kin of the deceased in the western state. “While the PM has already announced ex-gratia of Rs 2 lakh, the Gujarat government will also give Rs 2 lakh to kin of those who lost their lives,” Rupani told reporters in Dahod. “We will also conduct a survey to assess the damage to crops and pay accordingly to affected persons,” he added. Apart from rain, the storm also resulted in hailstorm in some parts of Rajkot district of Saurashtra and Banaskantha district of north Gujarat. In Mehsana, farm produce kept in the open in the agriculture produce market committee premises got damaged, an official said. Besides, officials in Banaskantha said the watermelon crop, mainly grown in and around Deesa, got damaged due to hailstorm and thunderstorm. In Maharashtra, a 71-year-old woman, a 32-year-old man and a temple priest died when lightning struck them in Nashik district during rains on Tuesday, police said.
Islamabad: Pakistan’s seriousness to act against proscribed terror outfits and its efforts to curb money laundering and terror financing were questioned by members of a regional affiliate of the Financial Action Task Force (FATF) at a meeting held in China, according to a media report. A 10-member delegation, led by Finance Secretary Mohammad Younas Dagha, attended the two-day meeting of the Asia-Pacific Group (APG) of the Paris-based FATF in the southern Chinese city of Guangzhou where it defended Pakistan’s efforts against money laundering and terror financing. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: Report According to a Dawn report, some participants, particularly those from India, raised very tough questions about Pakistan’s seriousness to act against proscribed organisations and effectiveness of internal controls. On May 3, Finance Minister Arun Jaitley said India will ask the FATF to put Pakistan on a blacklist of countries that fail to meet international standards in stopping financial crime. The APG will submit to the FATF its analysis of the compliance report submitted by Pakistan at the meeting, which concluded yesterday, and the progress made since the group’s on-site inspection in Islamabad and Karachi in March, the report said. Also Read – Iraq military admits ‘excessive force’ used in deadly protests The APG report will become the basis for the FATF to decide whether to exclude Pakistan from its grey list or not. The delegation briefed the meeting about Pakistan’s updated actions against currency smuggling, proscribed organisations and tightening of financial and corporate sector systems and operational effectiveness, the report said. Giving examples of the measures taken by it, Pakistan cited arrests of key operatives of some proscribed outfits, putting more such groups and their affiliates in the list of banned outfits, blocking their accounts and financial flows and taking control of their assets. In March, bowing down to international pressure, Pakistan launched a major crackdown on Jaish-e-Mohammad, Jamat-ud-Dawa, Falah-i-Insaniyat Foundation and other banned outfits and took over the control of their assets throughout the country. The Pakistan delegation said the country was very close to accomplish the milestones set under the FATF action plan well before the September deadline. It also said the government recently revised its national risk assessment of the corporate sector, strengthened customs procedures on borders and inland movement of funds and assets. Besides, internal control of the banking and non-banking financial institutions, insurance companies and stock exchanges has been strengthened to curb the possibility of money laundering and terror financing. The delegation cited the creation of a specialised directorate of Cross-Border Currency Movement (CBCM) in Islamabad to maintain a database of currency seizures. The APG had earlier flashed contradictory situations and poor coordination among stakeholders, including law enforcement agencies, in fighting money laundering and terror financing in Pakistan. Last month, it expressed serious reservations over insufficient physical actions on ground against proscribed organisations to block flow of funds and activities.