Category: vxdkvnuqpinmtwmz

Category: vxdkvnuqpinmtwmz Trail Mix – May 2017

first_img Broken Mandolin The Steel Wheels Tired Of Being Tired Todd Adelman & The Country Mile Tight Rope Eric & Magill Motorcycle Colter Wall Washington Humble Tripe 3:38 2:18 Fair Annie Lindsay Straw Copy and paste this code to your site to embed. 4:34 I-55 Charlie Worsham Bitter Black Coffee Head For The Hills I have heard the future of country music, and the future sounds mighty fine.Just 21 years old, Colter Wall, blessed with a resonant baritone reminiscent of The Man In Black and songwriting acumen that is drawing deserved praise from icons like Steve Earle, is poised to released his self-titled debut this month. Produced by Dave Cobb, who has spun gold with artists like Jason Isbell, Chris Stapleton, and Brent Cobb, Wall’s new record belies his age, stocked with songs more easily attributable to someone a little longer in the country much tooth.And just last week, the name Charlie Worsham came up in a piece I wrote on writer Peter Cooper. Having gained mention here twice in the span of ten days, there must be something to Worsham’s story. All it takes is a listen to prove there is. Ten years Wall’s senior, Worsham recently released Beginning of Things to rave reviews from outlets like NPR Music and Rolling Stone. The graduate of Berklee College of Music also gets high marks in my book for his work with kids, as Worsham recently helped establish a scholarship fund for students interested in the arts in his hometown of Grenada, Mississippi.Trail Mix is excited to offer up tunes from both of these new rising voices in country music.Fans of progressive bluegrass, take heed. Trail Mix has you covered with tracks from two of Colorado’s best purveyors of modern string music. Yonder Mountain String Band recently released the sixth volume, and first in nine years, in their live Mountain Tracks series, and Head For The Hills has their new record set to drop next week. You can check up new tracks from each right here this month.Joshua James is an artist that I am especially excited to welcome to Trail Mix this month. I am engaged in a long running discussion with a good friend about songwriters with the knack for writing vivid, poignant lyrics. Just yesterday, I sent my friend a link to one of James’ songs. It was well received, and James will remain in the discussion for quite some time. Check out “Broken Sparrow” from James’ new release, My Spirit Sister.And it’s always nice to welcome old friends back to Trail Mix. Pokey Lafarge, whose throwback style has long been a favorite here, returns this month with a track from his new record, Manic Revelations. And Matthew O’Neill, who was profiled here just last year, is also back.Round our your trip through the mix by listening to new cuts from doubleVee, The Two Tracks, Nick Moran, Raging Fire, threefifty, Humble Tripe, Lindsay Straw, The Resonant Rogues, Todd Adelman & The Country Mile, and The Mastersons.And stay tuned to the weekly Trail Mix blog. Chats with The Steel Wheels, David Childers, and Eric & Magill are on tap, as is a preview of the annual Gathering In The Gap Music Festival in Big Stone Gap, Virginia.Remember to show all of the artists who contributed to this month’s Trail Mix some love by spreading the word about the tunes you heard. Get out and buy a record or catch one or two of them live when they come through town. They would surely appreciate it. 4:17 Alison Yonder Mountain String Band 2:25 Golden Boy Matthew O’Neill Postcard Town The Two Tracks Embed Run Skeleton Run David Childers 3:08 6:50 Crossing State Lines Threefifty 3:05 3:14 4:03 2:35 What You Deserve doubleVee 3:12 Better Let It Be Nick Moran These Teeth are Sharp Raging Fire Audio PlayerHumble TripeWashingtonUse Up/Down Arrow keys to increase or decrease volume.00:000:00 / 3:02 4:15 3:40 4:00 Blackbird Sorrow Joshua James 4:50 3:02 Riot In The Streets Pokey LaFarge 6:14 Transient Lullaby The Mastersons 4:35 Hands In The Dirt The Resonant Rogues 3:54last_img read more

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Category: vxdkvnuqpinmtwmz Central Islip Man Found Dead in Woods

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 29-year-old Central Islip man was found dead of an apparent head wound in a wooded area of Brentwood on Tuesday, Suffolk County police said.Two men were walking in the woods east of Springfield Road between Suffolk Avenue and Second Avenue, when they found the body of Michael Johnson at 12 p.m., police said.The body was taken to the Suffolk County Medical Examiner’s office, where an autopsy will be performed to determine his cause of death.Homicide Squad detectives are continuing the investigation and ask anyone with information on this incident to call them at 631-852-6392 or call anonymously to Crime Stoppers at 1-800-220-TIPS.last_img read more

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Category: vxdkvnuqpinmtwmz Trump and the GOP are laying the groundwork for a coup. Where are Democratic leaders?

first_imgDonald Trump’s refusal to accept the reality that Joe Biden won last week’s election is not merely an overgrown child’s tantrum. By deliberately seeking to undermine the results, Trump and a wide swath of Republican leaders are laying the groundwork to overturn them—an act that, were we watching it unfold abroad, we’d call a coup d’état. Just consider:Senate Majority Leader Mitch McConnell hasn’t acknowledged Biden’s victory.Sec. of State Mike Pompeo has promised there will be “a smooth transition to a second Trump administration.”Missouri Sen. Roy Blunt says that Trump “may have not have been defeated at all.”Wisconsin Sen. Ron Johnson says he won’t congratulate Biden because “there’s nothing to congratulate him about.”The White House is reportedly vetting appointees for a second Trump term.Attorney General Bill Barr has issued a memo authorizing federal prosecutors to pursue claims of voter fraud.And Trump’s legal team continues to pursue baseless litigation promoting unfounded conspiracy theories.These are not the actions of a president and political party prepared to peacefully hand over power after losing an election. They are the exact opposite: a deliberate strategy seeking to annul the expression of the popular will. It is a dangerous scheme that, at best, will fray confidence in our already fragile democracy. At worst, it will succeed and keep Trump in office against all right and all law.- Advertisement – – Advertisement – center_img This is, of course, exactly what we expected from Trump. But where are Democratic leaders in denouncing this with the righteous fury this moment requires? Why have we not seen Nancy Pelosi, Chuck Schumer, their chief lieutenants, and their most prominent allies all gather before the Capitol and, in one voice, expose this plot against America for what it is?We can’t just let Trump play out the string. We can’t, as one nameless Republican pleaded, “humor him” while we tell ourselves, “Jan. 20 can’t come soon enough.” The peril is too great. Trump’s attempted coup probably will not succeed, but that is not a good or acceptable reason to ignore it. Even if it fails, Trump can do great damage on his way out.Top Democrats must stand up for democracy while there is still time, to show the country and the world that we will not tolerate the GOP’s assault on this great nation and all it stands for. The stakes are too high to delay any longer.- Advertisement –last_img read more

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Category: vxdkvnuqpinmtwmz St Modwen profits swell

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

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Category: vxdkvnuqpinmtwmz Houses of correction

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

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Category: vxdkvnuqpinmtwmz PREMIUMKampungs join pioneering program to make Jakarta waste-free

first_imgGoogle LOG INDon’t have an account? Register here In a city with an ingrained littering habit, urging people to bring their own shopping bags or basket for shopping will raise brows.But the residents of Kampung Muka in Ancol, North Jakarta, are familiar with such calls, which have motivated them to spread the habit. One such resident is Maonah, 47.Speaking at a sharing session on Saturday at the unfinished community unit (RW) 04 office, Maonah said that she always brought her own basket with her when shopping for vegetables and other daily necessities from street vendors.“At first, my neighbors thought the practice odd. But as time passed, they started to see it positively,” she told The Jakarta Post on Sept. 15.Maonah added that she also saved money, since it helped her to stop buying packaged products.“When I caught a cold, I made a cup o… Forgot Password ? Topics : Linkedin Log in with your social account Facebook WasteManagement household-consumption waste-reduction recyclelast_img read more

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Category: vxdkvnuqpinmtwmz Nordic pension funds lament reporting impact on asset allocation

first_imgTwo Nordic pension funds have said regular reporting is impacting their ability to make effective asset allocation decisions designed for improving long-term performance.Speaking at Fund Forum in Monaco, representatives from Finnish pension fund Ilmarinen and Sweden’s SEB Pension said the nature and necessity of regular market updates led them to account for such measures at the expense of better strategies.Kerstin Lysholm, portfolio manager at SEB Pension, said that, despite investing for pension schemes with long-term horizons, competitors poaching clients using performance data hampered its ability to attract savers.“Our competitors run around with peer comparisons that show one-year performance, sometimes three years – and to make it worse, it is updated in the media on a monthly basis,” she said. “So, even though we believe we can do something very well, and clients have several economic cycles to go through, the likelihood is we do not get client money during these periods of underperformance.”She said this had led the pension provider to make allocation decisions based on short-term risks.“Short-term peer comparisons have a huge impact on our asset allocation decisions, and that is in tactical asset allocation and long-term strategies,” she said.Ilmarinen, the €33bn pensions mutual insurer, which manages around 80% of its assets in-house, said it faced similar issues, despite not being a commercial manager.“We publish results on quarterly basis, which is much too often for a pension fund,” said Staffan Sevon, head of tactical allocation at the mutual.“Our solvency depends not only on our liabilities and also on the average solvency in the system. So, even if you have a good return, your liabilities increase because of this, which makes allocation decisions tricky.”However, he said, internally, when asking questions about performance, the investment management arm said the guiding of expectations was essential.“If you have investment decisions that seem like a good idea and you have good arguments for them, and you document these arguments, then you have a significantly longer time period – you can guide expectations,” he said.“Even though it’s internal, it is a marketing issue.”Sevon also said the fund’s decision to bring the hedge fund strategy in-house was motivated by cost and control issues.The fund, as part of its 80% of internally managed assets, now only has a 1.3% exposure to external hedge funds.He said Ilmarinen’s strategy was to run all assets from Finland whenever a local presence was not essential.last_img read more

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Category: vxdkvnuqpinmtwmz People moves: SPP creates CEO role; TPT bolsters leadership team

first_imgTPT Retirement Solutions (TPT) – A UK pension provider has strengthened its leadership team as the growth in defined contribution (DC) assets continues to accelerate. Philip Smith joins as DC director, at a time when TPT has seen its DC assets climb to £1.6bn (€1.8bn) and DC membership more than double over the last five years to more than 240,000.Smith joins from PwC where he served most recently as head of DC. He brings more than 30 years of experience and previously held senior roles with Buck Consultants, Opus Holdings and Health Group.He will be joined by Joy Mahon who moves from Aviva to become TPT’s new head of DC. Mahon brings more than 15 years of experience in pensions having previously helped the likes of Aon and Willis Towers Watson successfully develop their pension offerings.Mike Ramsey, TPT’s chief executive officer, said: “The DC arm of TPT is becoming an increasingly important part of the business and as a leading provider of workplace pension schemes, it is important we have an offering that is up there with the best in the industry.”Barnett Waddingham – The pensions and investment consultancy has hired Amanda Latham, previously at the UK’s pensions regulator, to lead its development of firm-wide policy on key industry issues, overseeing the production of research reports, policy briefings and blogs.At The Pensions Regulator, where she worked for nearly nine years, Latham’s focus was on governance and investment, with Barnett Waddingham describing her as having led “complex policy projects including defined benefit consolidation, building new regulatory frameworks for superfunds and collective defined contribution schemes, and setting standards for professional pension trustees”.She is also co-founder of the Young Pension Trustee Network, a group for young and aspiring trustees to share experiences and develop skills to promote a more inclusive and diverse industry.CoreLife Investors – Stuart Grant, the managing director of Stanhope and former Blackstone partner, is to leave the company in the summer to establish a new real estate investment and asset management business. The new firm, CoreLife Investors, will be a London based, value-driven, real estate investment and asset management platform with a particular focus on life-science innovation clusters and core-plus opportunities.The chair and strategic advisor for the new platform will be Graham Stanley, formerly the founder of the prolific real estate private equity firm Moorfield and a former JV partner of Blackstone’s.Grant has been Stanhope’s managing director and a board member since 2018 when he joined directly after spending 18 years at Blackstone where he was a senior managing director helping oversee its Asia Pacific business.Industriens Pension — Danish labour-market pension fund Industriens Pension has appointed Peter Juhl Nielsen as director in its unlisted investments department. He joins the firm from his current role as head of alternatives and private equity at Danish property foundation Realdania, where he has worked for 11 years.At Industriens Pension, Juhl Nielsen is to have a key role in private equity, infrastructure and property funds, reporting to the head of unlisted investments, Jan Østergaard.Industriens Pension’s investment department has undergone a number of changes since its CIO Karsten Kjeldsen left to become CEO of the Danish Teachers’ Pension Fund (Lærernes Pension) in November. After he was replaced by the fund’s former head of listed investments Peter Lindegaard, Industriens Pension then split its listed investments department, creating separate teams for equities and bonds.Juhl Nielsen will take up his new role by 1 May, Industriens Pension said.SH Pension – Catrina Ingelstam, chair of the supervisory board of Swedish pensions buffer fund AP6, has taken over as acting CEO of SH Pension’s investment funds arm Svensk Handel Fondförsäkring.She is replacing the previous CEO Kjell Björk, who is leaving the role now that the fund’s subsidiary is merging with SH Pension – the SEK6bn (€567m) mutual trade-sector pension fund – and is to apply to operate under Sweden’s IORP II regulatory regime rather than to be within the scope of the Solvency II framework, as it had previously planned.Björk said the idea had always been that his assignment would end when this came about. Ingelstam has held senior positions at Skandia, AMF and Folksam, and currently runs her own consulting business. She also has a number of non-executive board positions including that of chair of AP6, the national pensions buffer fund specialising in private equity.HSBC Global Asset Management – Patrice Conxicoeur has been appointed CEO Singapore and head of South East Asia, subject to regulatory approval. He is moving from Japan where he is currently CEO of HSBC Global Asset Management (Japan).In his new role, Conxicoeur is tasked to lead and expand HSBC Global Asset Management’s business in South East Asia with specific focus on key markets such as Singapore, Malaysia, Indonesia, Thailand and the Philippines. He has deep knowledge of and nearly 30 years of extensive experience in the asset management industry.Before assuming his current role in Japan five years ago, Conxicoeur held various senior roles at HSBC Global Asset Management, including global head of insurance coverage and head of institutional business in Asia Pacific. Prior to that, he was CEO of Sinopia Asset Management, Asia-Pacific.In Japan, Masayuki Kaneko will step up as CEO, replacing Conxicoeur. Masayuki, who is currently deputy head of global banking and head of Financial Institutions Group (FIG), The Hongkong and Shanghai Banking Corporation Limited in Japan, joined HSBC in 2013.Both Kaneko and Conxicoeur will report to Pedro Bastos, ceo for Asia Pacific. Conxicoeur will also report to Anurag Mathur, head of retail banking and wealth management in Singapore, while Kanekoi will also report to Edward Weeks, CEO for the HSBC Group in Japan.Movestic – Robert Edberg has been appointed as head of distribution and sales at Swedish pension provider Movestic, replacing Michael Gunnarsson, who is ending his long-term consultancy work for the firm.Edberg has previously been CEO of savings and insurance advice firm Hjerta as well as CEO of SH Pension’s fund management arm Svensk Handel Fondförsäkring. He has also been a member of the board of the Swedish Insurance Brokers’ Association.Edberg has had a business development assignment at Movestic since last summer, the firm said.Royal London – Candia Kingston has been appointed as chair of the mutual’s investment advisory committee (IAC), having joined it as an independent member in December 2018. She takes on the role following the departure of Julius Pursaill, who was IAC chair for six years.Kingston has more than 20 years of experience in the UK pensions and investment industry and holds professional trustee roles at Capital Cranfield Trustees and Scottish Pension Trustees. She has chaired several trustee boards and has worked with schemes ranging from £3m to £6bn. She is the second independent member out of a team of five pension and investment experts on the IAC.Jupiter Asset Management – The asset manager has hired Christopher Smith as a fund manager on its UK growth strategy. He will join Jupiter in June and will take over the management of the £958m Jupiter UK Growth Fund at the end of that month. He will succeed manager Steve Davies, who is leaving the company to pursue other opportunities. Equities analyst James Moir, who has worked with Davies on the fund since 2017, will bring continuity for investors, enabling a smooth transition between managers.Smith will join from Newton Investment Management where he has worked for nearly 10 years, starting out as a global oil and gas research analyst before becoming a UK equities research analyst in 2016. In January 2018 he took on lead responsibility for the Newton UK Opportunities Fund as portfolio manager.iM Global Partner – The firm has appointed Philippe Uzan as deputy CEO and CIO asset management. He will be in charge of managing the iM Global Partner fund platform and in particular the OYSTER fund range.Based in Paris, Uzan will be in charge of the management of the Luxembourg SICAV fund range – representing €2bn in assets under management – and will be responsible for the selection and monitoring of the strategies chosen by iM Global Partner to sub-delegate the financial management of its funds.Uzan has more than 25 years of experience, primarily in asset management. He joins after more than 11 years at Edmond de Rothschild Asset Management where he was CIO and member of the executive committee. He previously held various operational positions in other asset management companies such as Natixis Asset Management and AGF (Allianz Group).First State Investments – Amanda Tibbett has been appointed chief marketing and communications officer and Bachar Beaini managing director for the Americas.Tibbett, based in Sydney, has been managing the rebrand of the business in Australia for the past nine months and in her new role will take on the management of the marketing, communication, digital and brand functions globally. Prior to First State Investments, she was head of marketing and digital, Asia Pacific at Fidelity.Beaini has held roles in various regions since 2004. In July last year, he was appointed to the regional managing director role in an acting capacity, and was responsible for management and coordination of the business in North America as it transitioned in ownership.BMO Global Asset Management – BMO has added to its fiduciary team in Europe with the appointment of Marco Smelter. Reporting directly to Bart Kuijpers, managing director and head of fiduciary investment in Netherlands, Smelter joins the team as director, portfolio manager for multi management, and has co-responsibility for portfolio construction, research and monitoring of external fund managers.He was most recently at Corestone Investment Managers, and before that at Theta Capital Management and MN Services (now MN).Pension Protection Fund (PPF) – The UK’s defined benefit lifeboat fund has hired liana Lazarova as a senior ESG analyst. Her expertise is in carbon, climate and renewable energy. Before joining the PPF, she was an analyst with Trucost, now part of S&P Global.Kempen Capital Management – Arif Saad has been hired as senior strategist within the firm’s London-based investment strategy team, responsible for advising British pension schemes on the management of their bespoke strategic and dynamic investment strategies, and the oversight of their asset-liability risks.He joins from Legal & General Investment Management, where he most recently worked as fiduciary manager. Before that he was an advisor to trustees of pension schemes within Mercer’s investment consulting business.State Street Global Advisors –  Kim Hochfeld has been appointed senior managing director and global head of the asset manager’s cash business, within its global institutional group. She was most recently with Morgan Stanley Investment Management, where she was a managing director and head of liquidity distribution for EMEA and Asia. At SSGA she will be responsible for all client-facing activities including sales, strategy, operations and services on behalf of the firm’s cash management client base across the Americas, EMEA and Asia Pacific.Law Debenture – Sally Minchella has joined the firm’s pension trustee team as a director. She joins from Willis Towers Watson, where she worked for 19 years, and has particular expertise in funding, de-risking, scheme re-structuring, offshore arrangements and corporate activity. SPP, TPT, Barnett Waddingham, CoreLife, Industriens Pension, SH Pension, HSBC, Movestic, Royal London, Jupiter, iM Global Partner, First State, BMO, PPF, Kempen, SSGA, Law DebentureSociety of Pension Professionals (SPP) – The representative body for the wide range of providers of advice and services to work-based pension schemes and to their sponsors has appointed Fred Emden as its new CEO, a new role that has been created this year. Prior to joining, He spent more than eight years as deputy CEO of the Royal College of Obstetricians and Gynaecologists (RCOG). Before joining the RCOG, he was deputy CEO of the Scottish Ballet.Emden will work with the president and the council to formulate and regularly review SPP’s strategic priorities and objectives to ensure that appropriate mechanisms are in place to deliver value to members, including planning and delivery of member events and other benefits.Paul McGlone, SPP president, said: “With numerous pension initiatives having been delayed due to Brexit, 2020 looks set to be an extremely busy year for pensions. Our proactive engagement with the pensions industry will seek to help our members help their clients, and ultimately pension savers.”last_img read more

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Category: vxdkvnuqpinmtwmz 100-strong crowd forces impromptu Moorooka bus stop auction

first_imgThis renovated house at 6 Robinson St, Moorooka has sold under the hammer for $1.15 million. Photo: suppliedThe first onsite auction for Ray White New Farm since the COVID-19 lockdown was not supposed to be held at a bus stop – but, when more than 100 people turned up for the auction, agents had no choice but to take it out on the street. Mr Cush calls the auction from the nearby bus stop.With only 20 people permitted onsite at any one time for open homes and auctions in Queensland right now – and a large crowd, including nine registered bidders, turning up in the rain – Ray White auctioneer Haesley Cush set up proceedings off the property at a nearby bus stop.MORE Did HomeBuilder bring the crowd? This is what Robinson St, Moorooka usually looks like. Photo: Debra Bela On Saturday it looked like this. The house going to auction was the white house on the left. Photo: Debra BelaBy the time the bus turned into neighbouring Hamilton Rd, Mr Cush had another $20,000 bid on top of the $960,000.“He had a little bit more time to think about it,’ Mr Cush said of the bidder. “I’m looking for a million now.” Coronavirus forces major swing in Aussie attitudes Nine registered bidders were in the crowd with five active during the auction.They hadn’t crossed the border for the auction, but were once stationed in South Australia.“I worked as a teacher in South Australia but I’ve been here for eight years,” the successful bidder said. “We live in Camp Hill”. SEE WHAT ELSE IS FOR SALE IN MOOROOKA The bus does not pick up any passengers but stops for several seconds at the intersection before turning right into Hamilton Rd, Moorooka.When the 116 bus from Rocklea pulled into the stop, Mr Cush had his mum’s umbrella in one hand and a whopping $960,000 bid in the other.“Here comes the competition,” he said, pausing the auction of 6 Robinson St, Moorooka to let the bus pass. The house at 6 Robinson Rd, Moorooka. Photo: supplied. With people still arriving, real estate agents decided to relocate the auction to the street to adhere to social distancing requirements.When the hammer finally went down, the five-bedroom renovated Queenslander sold for $1.15m to a couple that had been sheltering under an umbrella emblazoned with the logo of South Australia’s Pulteney Grammar School. The house was styled by Brushed Interiors. Photo: suppliedIt was Mrs Mewing’s home staging company that set up the property before auction.Ray White New Farm agent Meaghan Bakker had no doubt that the staging made a difference when it came to attracting buyers’ attention.“There’s no question it was the presentation of this home,” she said. “It was straight out of the pages of a magazine.” Mrs Mewing with her son at 6 Robinson St, Moorooka. Photo: supplied FOLLOW US ON FACEBOOK Ms Bakker said the staged home attracted people who had been looking elsewhere previously.“The majority of our buyers including the successful (bidder) were people who hadn’t necessarily considered Moorooka before,” she said.For the auctioneer, Haesley Cush, there was a touch of nostalgia being in the suburb too.“Mum used to own Ray White Moorooka, and she’s actually working for us today,” Mr Cush said. The kitchen at 6 Robinson St, Moorooka. Photo: suppliedThe 102-year-old Queenslander the couple bought was one of 42 properties that went to auction across Brisbane over the weekend.More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours agoParks and wildlife the new lust-haves post coronavirus9 hours agoThe vendors Andrew and Megan Mewing had bought the property in 2014, getting local builders, Grayhaus, to undertake a full renovation.last_img read more

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Category: vxdkvnuqpinmtwmz Saudi King names new successor in gov’t shakeup

first_imgIt added that Moqren, 69, was also relieved of his position as deputy prime minister in the world’s largest oil exporter, but insisted “he will always remain in high regard”. Related Saudi king to deliver speech in Egypt’s parliament Saudi Arabia strikes Yemen Rebels The decree named “Prince Mohammed bin Nayef as crown prince” as well as deputy prime minister and said he will continue in his position of interior minister and head of the political and security council, a coordinating body. Saudi King has ‘full confidence’ in Egypt security Saudi Arabia’s King Salman on Wednesday named his powerful interior minister as heir in a generational shift that also saw one of his sons promoted to second in line to the throne.By making Interior Minister Mohammed bin Nayef, 55, crown prince and Defence Minister Mohammed bin Salman, 30, deputy crown prince, King Salman has effectively decided the line of succession for decades to come in the world’s top oil exporter.A royal decree removed Crown Prince Moqren bin Abdul Aziz bin Saud as next in line to the throne and replaced him with Prince Mohammed bin Nayef, who headed a crackdown on Al-Qaeda in the oil-rich kingdom a decade ago.“We have decided to respond to his highness and what he had expressed about his desire to be relieved from the position of crown prince,” said a statement from the royal court, carried by the official Saudi Press Agency.last_img read more

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