October 19

World hunger worsening as coronavirus weighs and obesity rises: UN

first_imgBeyond ensuring enough food, food must be nutritious, the study underlined, citing costly “health and environmental consequences” of sub-par diets. Nearly 690 million people, or 8.9 percent of people around the globe, are hungry, the UN found. That number rose by 10 million people in just one year to 2019, and by 60 million in the past five years, found the study, which said eradicating hunger by 2030 – a goal set five years ago – will be impossible if trends continue.By 2030, over 890 million people could be affected by hunger, or 9.8 percent of the world’s population, it estimated. Five United Nations agencies co-authored the report: the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD), the United Nations Children’s Fund (UNICEF), the World Food Program (WFP) and the World Health Organization (WHO). Last year, the report estimated over 820 million hungry, but estimates were recalculated following revised data from China for prior years.Topics : Nearly one in nine people in the world are going hungry, with the coronavirus pandemic exacerbating already worsening trends this year, according to a United Nations report published Monday.Economic slowdowns and climate-related shocks are pushing more people into hunger, while nutritious foods remain too expensive for many, contributing not only to undernourishment, but to growing rates of obesity in adults and children.”After decades of long decline, the number of people suffering from hunger has been slowly increasing since 2014,” read The State of Food Security and Nutrition in the World annual report.last_img read more

September 27

Feeling burned: The first year of legal cannabis has been a complete disaster for investors

first_imgFinancial Post 9 October 2019Family First Comment: Some fascinating statements out of Canada – bursting the bubble“Prior to legalisation, cannabis stocks soared on the promise of massive growth and the tremendous momentum that retail investors brought as they poured into the sector. Now that excitement has been drained, and it is unlikely to return…“Legalisation played out like a classic “buy the rumour, sell the news” situation. In retrospect, there were warning signs that legalisation could be a disappointment.”The legalization of cannabis in Canada was supposed to be a catalyst — the most powerful one yet, investors and analysts alike thought — that would launch companies in the young but potent industry to new heights. Instead, nearly one year later, it has been a nightmare.Since recreational cannabis became legal on Oct. 17, 2018, the shares of what were then the 10 largest Canadian cannabis producers by market capitalization have been bludgeoned, yielding an average negative return of more than 57 per cent for investors.Tilray Inc. alone has lost more than $14 billion in market cap, and Aurora Cannabis Inc. has shed $6.8 billion. Six of the Top 10 have lost at least half their value, with scandal-plagued CannTrust Holdings Inc. suffering such resounding losses that it no longer appears in the list. Of the 10, only Cronos Group Inc.’s market cap has grown over the past 12 months, though its share price has declined, like those of all the others on the list.Prior to legalization, cannabis stocks soared on the promise of massive growth and the tremendous momentum that retail investors brought as they poured into the sector. Now that excitement has been drained, said Richardson GMP portfolio manager Chris Kerlow, and it is unlikely to return.“A psychological shift has take place from everyone wanting to own (cannabis) to everyone involved now feeling burned,” he said. “I think many investors are now over (cannabis).”READ MORE: https://business.financialpost.com/cannabis/cannabis-business/cannabis-investing/feeling-burned-the-first-year-of-legal-cannabis-has-been-a-complete-disaster-for-investorslast_img read more

August 14

Inside Tua Tagovailoa, DeVonta Smith’s record-breaking day for Alabama

first_imgMORE: Jalen Hurts distances himself in Heisman race with stat-stuffed Big 12 debutWith that, a look inside Tagovailoa and Smith’s ludicrous outing against the Rebels:274 receiving yardsSmith logged what might be the best receiving game in Alabama football history, catching 11 passes for 274 yards and five touchdowns (more on those scores in a minute). His 11 catches were only two away from tying the Alabama single-game record of 13, held by D.J. Hall (2007 vs. Tennessee) and Amari Cooper (2014, vs. Florida Atlantic and Auburn).Five touchdown receptionsNow, about those touchdowns: Smith caught five on the day, tying an SEC single-game record and obliterating Alabama’s old single-game mark of three. Several Alabama receivers have caught that many in a game, including Jerry Jeudy against New Mexico State on Sept. 7. Smith’s touchdowns Saturday went for 74, 25, 23, 33 and 27 yards, respectively.Six passing touchdownsMeanwhile, Tagovailoa broke his own record of passing touchdowns in a game, throwing six against Ole Miss. Smith was the primary recipient of those touchdowns, but Tagovailoa’s last touchdown went to tight end Miller Forristall from 19 yards out.Four five-passing-touchdown gamesPrior to the 2018 Iron Bowl, only one Alabama quarterback had ever thrown for five touchdowns in a game (coincidentally, it was when Gary Hollingsworth threw five against Ole Miss in 1989). Tagovailoa completed his fourth five-passing-touchdown game Saturday against the Rebels, and his third of the year. He’s the only quarterback in Alabama history to have completed the feat more than once.Seven touchdowns accounted forTagovailoa isn’t a one-dimensional player. On top of the six touchdown passes he threw, he also ran for one from 7 yards out. That gave him seven total touchdowns for the day, breaking the mark he set last year against Auburn, when he accounted for six.85 career touchdowns accounted forFor his career, Tagovailoa has accounted for 85 total touchdowns: 77 through the air, and eight on the ground. That puts him solely in first place and five ahead of AJ McCarron, who accounted for 80 touchdowns from 2010-13. The most impressive aspect of this stat is Tagovailoa still has several games left to play this season; by the time he’s finished in Tuscaloosa, his record might not be touched for a long, long time. Alabama put on quite the offensive display in its 59-31 win over Ole Miss on Saturday; more accurately, quarterback Tua Tagovailoa and receiver DeVonta Smith put on the offensive display.Those two combined to tie or break six Alabama records in Bryant-Denny Stadium as the Tide advanced to 5-0 on the season. Tagovailoa was his usual accurate self, while Smith seemed unguardable. Postseason hardware may not be on these players’ minds, but they’ll definitely be up for a few if they continue playing at the same level they did on Saturday. 77 career passing touchdownsOne record Tagovailoa wasn’t able to break — but did tie — was career passing touchdowns. After tossing six through the air on Saturday, he tied McCarron for 77 in a career. That record will remain unbroken for at least another two weeks, when Alabama comes off a bye to play Texas A&M in College Station.72.2 completion percentageAs gaudy as the above stats are, what makes them more impressive is the fact Tagovailoa did it so efficiently: He completed 26 of 36 passes (72.2 percent) on the day. High volume combined with exceptional efficiency makes for a deadly combination.Zero turnoversTagovailoa turned in another zero-turnover day against the Rebs, giving him a 25-0 touchdown-turnover ratio this season. With seven games remaining in the regular season, that mark surely won’t last — but as long as it does, it will continue to remain an impressive feat.last_img read more

January 20

Troubled Inter Milan turn to Pioli

first_img Inter fans have blamed the club’s complicated global management structure for the team’s troubles. The club president is Erick Thohir, an Indonesian entrepreneur, who purchased Inter from the Moratti family three years ago and who now has 30 per cent of the ownership after the recent restructuring. And there are five Chinese representatives on the club’s nine-member board of directors – Ren Jun, Mi Xin, Liu Jun, Yang Yang and Zhang Kangyang. During Inter’s win over Crotone, supporters displayed banners that read, ‘Shame on the management’, and, ‘Thanks Frank, you’re paying for errors that were not yours’. Pioli becomes Inter’s ninth coach since Jose Mourinho led the club to a treble in 2010. The others were Rafa Benitez, Leonardo, Gian Piero Gasperini, Claudio Ranieri, Andrea Stramaccioni, Walter Mazzarri, Mancini and De Boer. MANAGEMENT STRUCTURE ROME, Italy (AP): Former Lazio coach Stefano Pioli was hired by struggling Inter Milan yesterday, replacing the fired Frank de Boer and tasked with restoring the 18-time Serie A champions to respectability. Inter announced that they signed Pioli to coach through next season and that he will be introduced tomorrow. Besides Lazio, the 51-year-old Pioli previously coached his hometown club Parma plus Chievo Verona, Palermo and Bologna in Serie A. In 218 matches as a Serie A coach, his teams have a record of 73 wins, 62 draws and 83 losses. “He seems to me to be a logical choice,” former Inter president Massimo Moratti said. “He’s a coach who knows Italian football and who has always made his clubs play well.” De Boer was fired last week after Inter lost seven of 14 matches in all competitions. Inter’s youth squad coach, Stefano Vecchi, had been given temporary control of the senior team for a 2-1 loss at Southampton in the Europa League on Thursday – leaving the Nerazzurri last in their group – and a 3-0 win over last-place Crotone on Sunday in Serie A. Inter are in ninth place in the Italian league, 13 points behind leaders Juventus. PIOLI’S DEBUT Pioli’s debut will come in the derby against AC Milan on November 20. Considered the next in a long-line of Italian tacticians, Pioli was considered the safest choice after a long weekend of meetings and interviews conducted by Inter’s management even though he has never coached a major club. Other coaches reported to have interviewed for the job included Marcelino, Italian great Gianfranco Zola and the well-travelled Guus Hiddink. Big Italian clubs rarely hold interviews for coaches in the public manner that Inter did, which sparked perplexity among the club’s supporters. “I never held any casting interviews but I observed (coaches) on my own,” Moratti said. “They’re different systems, but it’s not like one way is right and the other is wrong. It’s a transparent method to make a well-informed choice.” In Pioli’s first season at Lazio, he led the Rome club to a third-place finish. He was fired by Lazio in April after a 4-1 derby loss to Roma. As a player, Pioli was a centre back for Juventus, Hellas Verona and Fiorentina. While financial details were not announced, the La Gazzetta dello Sport reported that Pioli will earn €1.4 million (US$200 million Jamaican) for the remainder of this season and nearly €2 million (US$285 million) for next season. De Boer was hired less than two weeks before the season began following the unexpected resignation of Roberto Mancini, who reportedly wanted more control over the transfer market and clashed with Suning, the Chinese retail giant that took control of 70 per cent of Inter in June.last_img read more