Short-termism leads to ‘bad politics, bad finance’, Swiss Council of States warns

first_imgOne common goal for everyone, he said, is sustainability in the energy world.“The real challenge has been, and still is in some countries, to decouple economic growth from energy consumption and greenhouse gas emissions,” he said.Lombardi said politicians needed a clear, long-term strategy and to be consistent in the details of their political work and in the details of the laws they passed, as well as in the implementation of the laws they had backed.They also need to work together with other politicians for a common goal.“The worst thing politicians can do is to be so eager to win the next election, or get some results in the opinion polls, that they immediately react to everything,” he said. ”This makes life very difficult for normal people and destroys the market, and when you achieve destruction of the market, you do not have any progress.”Lombardi pointed to the European energy market as an example, where several countries fought with good intentions against nuclear energy, which in the end led to involuntary support of the cheapest energy source without subsidies – coal.“We need jobs, and in Europe we are losing jobs, and with the clean tech challenge comes a possibility to create more jobs and opportunities in the economy,” he said.However, the clean energy challenge could also make European economies less competitive with the rest of the world.He said that question had yet to be solved. Strategies – both in finance and in politics – should by their nature be long term, according to Filippo Lombardi, president of the Council of States in Switzerland.He told the audience at the TBLI conference in Zurich last week that while politics and the financial sector both viewed each other in a bad light, they actually had something in common – short-termism.Lombardi said: “Short-termism is the rule for a bad financial approach and it is the rule for bad politics. Politicians who only [look] to the next election or the next opinion poll and [investors and businesses] that only think of the next quarterly report or tomorrow’s performance at the stock exchange do not try to build on the long term.“This is the mentality we have to change – in the investment world and in politics. And we have to learn from each other, and we have to listen to each other. We must learn to listen to the advice and concerns of people and the experiences from experts who have been studying and researching certain issues.”last_img read more

Pardew acknowledges Cisse strike

first_img The goal snapped a three-match losing streak, teeing up Pardew’s side for a monumental week. United first face an almighty hurdle in the second leg of a Europa League quarter-final at home to Benfica on Thursday as they trail 3-1, but one Pardew is convinced can be overcome. Then on Sunday, Newcastle tackle bitter rivals Sunderland in the Tyne-Wear derby with new Black Cats boss Paolo Di Canio eager to make his mark as the club fight their own relegation battle. Pardew added: “It was important for this week as we now have a fantastic one in front of us now. We have a quarter final where we cannot go gung-ho against Benfica because if we think we can get two quick goals and put things right in the first half then we are very much mistaken. “Benfica will pick us off and we’ll be chasing shadows, so we need to be very intelligent on Thursday. We need to play a very disciplined game. “There’s no reason, if we can get ourselves into a position where we are 1-0 up with 25 minutes to go, that we can’t go through. I’ve been involved in many situations where one goal makes a season at different times. “You’ve only got to look at Manchester City’s goal last season, with the very last kick in the Premier League (that saw them take the title) to know how important one goal can be.” The Magpies appeared destined to be firmly sucked into the relegation mire on Sunday as the clock counted down towards a goalless draw with Fulham that would have left them three points above the drop zone. But for the third successive match at St James’ Park, Cisse struck an injury time for his 11th goal of the season to give Newcastle a 1-0 win over the Cottagers and a five-point cushion over the bottom three. Pardew said: “We all know how important that goal was.” Newcastle manager Alan Pardew believes Papiss Cisse’s latest late show could be a turning point for the club this season as United’s spirit again saw them pull another result out of the fire.center_img Press Associationlast_img read more

Week 5 DraftKings Picks: Best lineup stacks for NFL DFS tournaments, cash games

first_imgThe Bucs-Saints matchup is intriguing in that I could see this game both being a shootout or a grind-it-out defensive game. Both teams have defenses that can get after opposing quarterbacks and create turnovers; however, both of them also have weaknesses in their defensive secondaries that have been exposed at points so far this season. For tournaments, I want to target this game with some full game stacks in the scenario that the passing games get rolling and my favorite combination is a Bucs’ stack of Winston and Godwin, and then running it back with Thomas. MORE WEEK 5 DFS: Values | Lineup builderThe Winston-Godwin stack was a GPP winner last week, and they should be in line for another nice week as long as Winston can maintain his red-hot form and avoid the turnovers that have plagued his career (a huge if). Godwin should have another excellent game in this spot playing indoors in the Superdome. Saints’ top CB Marshon Lattimore will be shadowing Mike Evans on the outside, and we have seen WR2s shred the Saints on plenty of occasions over the last few years. It makes a lot of sense to play a Saints’ player with any Bucs’ stack in this game. Alvin Kamara is undoubtedly an option, but I’m taking the great value that we are getting with Thomas. Sure, the switch from Drew Brees to Teddy Bridgewater is a massive downgrade, but that is factored in with Thomas’ price drop. The targets have still been there for Thomas, who has 29 targets in the three games in which Bridgewater has played this season. The Bucs’ defense is much improved this season, but their corners remain their big weakness. There’s plenty of strategy that goes into putting together a winning DFS lineup, and the best place to start is RotoQL’s DFS tools. RotoQL’s Lineup Optimizer is a massive advantage when you’re building lineups, regardless of contest size or site. WEEK 5 DFS LINEUPS:Y! cash | Y! GPP | FD cash | FD GPP | DK cash | DK GPPFor more great gambling and NFL, NBA, PGA, and MLB DFS content, follow me on Twitter (@DFSBenj), where I’m always answering daily fantasy questions and providing more DFS analysis.Week 5 NFL DFS Picks: Top DraftKings stacks for cash games     QB Andy Dalton and WR Auden Tate, Bengals vs. CardinalsEveryone saw the Bengals offense look like absolute garbage on Monday night, but don’t let that recency bias sway you into fading them this week in a matchup with the Cardinals. I’m always a sucker for cheap QB/WR stacks in cash games if the situation is right, and this is certainly a spot where we can target Dalton and Tate at great value price points. Tate has seen his role in the Bengals offense rise over the first few weeks of the season, and he will slot into the number 2 receiver role in the Bengals offense in a perfect matchup against the Cardinals at home with John Ross set to miss a few weeks after suffering a shoulder injury on Monday night. Tate is a red-zone monster with his 6-5 frame, and he has great speed for a big wide receiver. Tate has 16 targets over the last two weeks, and I wouldn’t be surprised to see him in the 8-10 target range should Ross be ruled out. The matchup could not be any better for Tate and the rest of the Bengals offense against a Cardinals team that inflates opposing offenses given their pace of play. I don’t see the Bengals having the same pass protection issues that they had on Monday night against the Steelers against a bad Cardinals pass rush, which should lead to Dalton having a week that more resembles this production from Weeks 1-3 rather than his dud in Week 4. The combined price of only $9,200 on DraftKings allows you to do a lot with the rest of your lineup and most importantly helps save you enough salary to jam in at least two of Christian McCaffrey, Ezekiel Elliott, and Dalvin Cook in your lineup – something that I’m making the number one priority in cash games this week. WEEK 5 NON-PPR RANKINGS:Quarterback | Running back | Wide receiver | Tight end | D/ST | KickerQB Matt Ryan and WR Julio Jones, Falcons @ TexansThe Falcons-Texans matchup has the highest projected point total on the slate, and I want exposure to that game in as many lineups as possible this week. Ryan is my top cash game QB at his price of $5,900 on DraftKings, and I have no problem pairing him with either Jones or Calvin Ridley. What’s drawing me to Ryan is the Falcons have shown zero ability to run the ball this season, which has led to Ryan averaging 44 passing attempts per game. Ryan has parlayed that passing volume to more than 300 yards passing in all four games this season, which gives him one of the most secure floors on the slate. I fully expect his touchdown numbers to positively regress after he was shutout last week at home against a stingy Titans defense. While the Houston defense is by no means a pushover, they are solidly in the middle of the pack and aren’t a team that I’m going to avoid, especially with the high total of this game. While both Jones and Ridley are excellent options here, I’m giving the edge to Jones despite his high price tag around the industry. There is more than enough value on this slate to be able to pay up for a high-end wide receiver if you choose to do so, and Jones has the best floor/ceiling combination among any wide receiver in the game over the last year. Calvin Ridley is a great value at $4,900 on DraftKings, but I can’t go that route in cash games given his inconsistent week-to-week targets. WEEK 5 PPR RANKINGS: Running back | Wide receiver | Tight endWeek 5 DraftKings Picks: Best stacks for daily fantasy football GPPs/tournamentsQB Deshaun Watson, WR DeAndre Hopkins and WR Will Fuller V, Texans vs. FalconsFor GPPs I’m staying in the Falcons-Texans matchup, but going to the other side of the ball with a 3-man Texans’ stack of Watson, Hopkins and Fuller. Watson is a little too pricey for cash games, but he makes a lot of sense as a spend up option in tournaments. We know that he has slate-winning upside given his rushing ability, and I expect him to have a nice bounce-back week against a Falcons defense that has been shredded by Marcus Mariota and Jacoby Brissett the past two weeks. Hopkins is the highest priced wide receiver on the slate this week, and I think that he will go relatively low owned in all formats with everyone wanting to spend up on the high-end running backs. Hopkins also performs well in high total games. He has posted a plus-minus of +5.1 over his last 9 games going back to last season that had a closing total of 45 points or higher. While anyone casually looking at the box scores will likely overlook Fuller, a deeper dive suggests that he should have some positive regression coming his way. Watson has missed Fuller on two would-be touchdowns in the past two weeks. The matchup couldn’t be much better against the Falcons, who were just lit up at home by A.J. Brown and Corey Davis. Atlanta will be without their best player in the secondary in Keanu Neal, and we saw how badly they struggled without him when he was out of the lineup in 2018.WEEK 5:Top waiver pickups | FAAB planner | Trade values | Snap countsQB Jameis Winston and WR Chris Godwin, Buccaneers, @ WR Michael Thomas, Saints Week 5 DFS presents some value pricing at wide receiver that allows us to put together some solid stacks for cash games and GPP tournaments on DraftKings. Everyone is on Auden Tate this week, but that doesn’t mean we shouldn’t be. There’s also an obvious opportunity in Falcons vs. Texans, where Matt Ryan/Julio Jones makes a solid cash-game pairing while Deshaun Watson and his wideouts could be useful in a GPP.Last week was a rough week, as none of the Daniel Jones/Sterling Shepard, Russell Wilson/Tyler Lockett/Will Dissly or Case Keenum/Terry McLaurin stacks paid off. We saved our butt with the Jared Goff/Brandin Cooks stack – apparently we needed to add even another Rams’ WR in that one.last_img read more

Huskies win 8-7 over Grande Prairie Wheelers

first_imgThe Huskies earned a dramatic 8-7 overtime win over the Grande Prairie Wheelers on Friday night.The Huskies had a bit of a rough start, with the Wheelers scoring 2 goals within minutes of each other, and at the end of the first period the score was 5-1 GP.In the second period the Huskies took over scoring and tied it all up.- Advertisement -In the third period, the Wheelers took the lead twice more, but but the Huskies refused to quit, eventually tying the game with only 38.8 seconds left.After some end to end four on four overtime, Jordan Shipton finally ended it, scoring his third of the game, and giving the Huskies the win. The Huskies will definitely gain some momentum after this huge 8-7 win.Listen to this highlights package [asset|aid=543|format=mp3player|formatter=asset_bonus|title=171d58de2d8292c6af4393b9826212bf-Huskies win 8-7 over Wheelers_1_Pub.mp3]Advertisementlast_img read more

West Ham wary of Man United backlash at Old Trafford, admits Allardyce

first_img1 West Ham manager Sam Allardyce insists he is fearing the worst against Manchester United despite their stuttering start to life under Louis van Gaal.The Hammers head into the Old Trafford clash in good form, having secured a deserved 3-1 victory over Liverpool at Upton Park last Saturday.United, meanwhile, have struggled to get going under Van Gaal and suffered a disastrous 5-3 reverse at newly-promoted Leicester City on Sunday afternoon.Allardyce, however, believes that result could count against his side, with the Hammers chief expecting the likes Angel di Maria and Radamel Falcao to be even more fired up.“No. I’m thinking a backlash,” he said when asked if it was a good time to face Van Gaal’s side.“I think that because of the determination of the Man United players and the fact they are playing at Old Trafford.“I know there’s quite a lot of new players playing there but certainly the demand of Manchester United is huge and they’ll be really fired up to make sure that they try and perform like they did against QPR and beat us.“They will be pretty down about that performance they gave at Leicester and they will be hurting and they know the only way they can put that right is to get out onto the field and punish us for it – so we will have to be careful about that.“A draw would be great for me, anything more than a draw would be outstanding as far as I’m concerned.“They [the West Ham players] have got to look forward to a tough game at Old Trafford now and test their skills and test their ability at a stadium that can obviously be daunting for some players. Hopefully our new players won’t be daunted about the prospect of playing at Old Trafford on Saturday.” West Ham boss Sam Allardyce last_img read more