AIADMK slams efforts to create rift in alliance with BJP

first_imgChennai: The ruling AIADMK in Tamil Nadu on Thursday claimed that efforts were being made to create a rift in its alliance with the BJP, but indicated the two parties were ideologically inclined beyond mere friendship. The party also claimed that “misinformation” was being spread about the Centre trying to “impose a three-language formula” in the country, a reference to the state opposition parties’ stand against the imposition of Hindi. “Though the AIADMK-BJP alliance for the Lok Sabha polls was an extension of (their) friendship, the two speak in one voice on primary intent like patriotism and worship of God,” AIADMK mouthpiece “Namathu Amma,” said. Also Read – Pak activated 20 terror camps & 20 launch pads along LoCThe write-up comes amidst reports of differences between the two alliance partners post the Lok Sabha drubbing where the combine could win just the Theni Parliamentary seat. The write-up in the party organ slammed efforts by a section of “family-owned media”, an apparent reference to those of the DMK, to “create rift between the leaf and flower.” While the AIADMK’s symbol is the Two Leaves, that of the BJP is a Lotus. The friendship between the high command of the two parties, beyond politics, was “unblemished”, it said. Also Read – Two squadrons which participated in Balakot airstrike awarded citationsThe AIADMK-BJP alliance winning the lone Theni Lok Sabha seat or the ruling party netting nine of the 22 Assembly seats where bypolls were held in April was a “public evaluation” of the combine, it added. This evaluation was being “accepted wholeheartedly” to take efforts to ensure a better performance for the alliance in the future, it said. It also alleged that “misinformation” was being carried out regarding the draft education policy of the Union HRD Ministry that the Centre was trying to impose a three-language formula in the country. “But people have started to see through their designs,” it said. The opposition in Tamil Nadu led by the DMK is up in arms against any “imposition” of Hindi in the state, an emotive issue that found great resonance with the citizens of the state in the 1960s, leading to the anti-Hindi agitation. DMK leader MK Stalin and other opposition leaders have claimed the Centre was trying to impose Hindi under the three-language formula.last_img read more

TSX posts gains ahead of Federal Reserve meeting

The Toronto stock market gained traction on Tuesday morning as traders focus on a two-day U.S. Federal Reserve Board meeting that could lead to an attempt to boost economic confidence.The S&P/TSX composite index rose 124.14 points to 11,725.27. The TSX Venture Exchange was up 9.58 points at 1,269.33.The Canadian dollar was up 0.63 of a cent at 98.28 cents US.Some observers expect the Fed will make a move to extend its Operation Twist, under which it sold $400 billion in short-term securities and replaced them with long-term securities in an effort to put more downward pressure on long-term rates.For now, that appears to be enough to keep traders bullish, despite some mixed U.S. economic data.The U.S. Commerce Department said overall housing starts fell 4.8 per cent in May, to a seasonally adjusted annual rate of 708,000. However, the report showed that U.S. builders started work on more single-family homes, which suggested a slow recovery in the housing market.On Wall Street, the Dow Jones industrial average increased 105.84 points to 12,847.66. The Nasdaq composite index rose 32.34 points to 2,927.67 and the S&P 500 index was up 13.09 points at 1,357.87.In commodities, the July crude contract on the New York Mercantile Exchange rose 87 cents to US$84.14 a barrel.July copper was up one cent at US$3.40 a pound, while August gold was up $1.80 to US$1,628.80 an ounce.The TSX gold stocks led the declines, dropping 1.7 per cent, with Barrick Gold (TSX:ABX) off 36 cents at C$40.82.The metals and mining sector was up 2.3 per cent with Ivanhoe Mines gaining 59 cents to $10.87.Statistics Canada reported that wholesale sales rose 1.5 per cent in April to $49.3 billion, mainly due to a 48.5 per cent increase in sales of agricultural supplies. Excluding that industry, overall sales were unchanged from March.In corporate developments, fuel cell company Ballard Power Systems (TSX:BLD) cut its 2012 sales guidance and said Monday it now expects an adjusted operating loss due to delays in signing a deal in Brazil. Revenue is expected to total about $85 million for the year, down from an earlier estimate of $100 million. Ballard shares were up six cents at $1.18.FedEx says higher costs and slow global growth will crimp its earnings results over the next 12 months. The company also posted lower fourth-quarter earnings of US$550 million or $1.73 per share in the last quarter, compared with $558 million, or $1.75 per share, a year earlier. Revenue rose to $11 billion from $10.55 billion.Microsoft has unveiled Surface, a tablet computer to compete with Apple’s iPad, part of what it says will be a new family of devices.World stock markets were largely flat as relief from Greece’s election results evaporated amid worries that the financial crisis in the 17 countries that use the euro was far from over.A narrow victory by Greek conservatives, who favour upholding an austerity program that their country accepted in exchange for an international financial bailout, initially relaxed fears of a chaotic exit by Greece from the euro.But now the focus is back on Spain, whose borrowing costs surged Monday above the seven per cent level that had forced Greece, Portugal and Ireland to seek international help.The rate reflects what return investors are willing to accept when a country auctions its bonds. Spain’s high bond yields are a sign that investors are increasingly concerned about the struggle the country faces to save its crippled banks.European stocks posted limited gains. Britain’s FTSE 100 rose 1.58 per cent and Germany’s DAX added 1.21 per cent. France’s CAC-40 increased 1.61 per cent.Asian stocks were sluggish. Japan’s Nikkei 225 index fell 0.8 per cent to close at 8,655.87. Hong Kong’s Hang Seng fell slightly to 19,416.67 and Australia’s S&P/ASX 500 lost 0.3 per cent to 4,123.30.South Korea’s Kospi was 0.3 per cent down at 1,886.96. Benchmarks in mainland China and Taiwan fell. But those in India, Singapore and Indonesia rose. read more

Suspected Rohingya Muslims detained by coast guard

Walakuluge told the Colombo Gazette that there were seven women and 16 children below the age of nine, including a 15 day old child and four month old child on the boat. More than 1 million Rohingya live in apartheid-like conditions in Myanmar‘s Rakhine State, where many in the Buddhist majority consider them interlopers from Bangladesh. (Colombo Gazette) He said that two Indians were also arrested. The coast guard detained 32 suspected Rohingya Muslims who fled India by boat, Navy Spokesman Lieutenant Commander Chandima Walakuluge said.He said the boat was detained in the Northern seas and was brought ashore to Kankesanthurai (KKS). read more

Tracking the rise of advanced statistics in sports

Photo illustration by Samantha Hollingshead / Photo EditorThis is part one of a three-part series examining the rise and impact of advanced statistics on sports nationally and at Ohio State.Sports are similar to the separation of the right and left sides of the human brain. The right side of the brain specializes in a human’s ability to be creative and show feelings and emotions. This is shown in sports as devotion to a particular team and even a crazy fan experience at a sporting event. The left side of the brain, however, specializes in mathematics and analysis. For the past decade, these left-brained people have turned the sports world into a statistics-based, logical source of entertainment.The science of statistics is used in any sort of profession.“I would argue that statistics is really the science of how you collect, analyze and think about data,” said William Notz, vice chair for administration and undergraduate studies in the Ohio State Department of Statistics. “The differences typically occur in terms of the nature of the data, the nature of how you collect the data and maybe specific techniques you can use.”This statistics revolution reached the sports world in many different ways, including in large part the explosion of fantasy sports. It started in 1961, when the company Strat-O-Matic came out with statistic-based board games for baseball and eventually for football in 1968.“What they did was that they used data, for example with baseball, season data to create ‘players,’” Notz said. “What you do is that you would roll numerous dice, and based on the rules of the dice, that would tell you the performance of the player.”This idea expanded on to the Internet and exploded into different sports, the most popular being football, baseball and basketball. This growing phenomenon made fans more aware of what was actually happening on the field.“We are more aware of relative performance and some of the trends,” said Todd Nesbit, senior lecturer in the Department of Economics. “There are certain matchups such as a certain hitter against a certain pitcher that for whatever reason favors the particular hitter or pitcher that would be abnormal in relation to the rest of the stats.”As the statistics world has grown, several intellectuals have brought it upon themselves to make games, such as baseball, even more sophisticated to get a better grasp on what a particular player’s value is. This trend has been growing into front offices across the sports world.“(Front offices) bring these analytical minds into their organization because they feel it will bring value to their team,” said Ryan Dunsmore, editor for SB Nation’s Houston Astros website, Crawfish Boxes. “It started with baseball because of the whole revolution of Bill James and how he wanted to find a bigger and better picture of what was happening on the field.”This trend is relatively new to the sports world, and teams are still trying to find ways to balance the new wave approach for scouting players, the statistical and analytical mindset and the old-school approach for scouts around the game. However, the teams that grasp this balance have shown signs of being more successful.“In baseball, say you have a scout that says you should look at this guy and gives that information to the front office to see whether his numbers match up,” Dunsmore said. “This is where analytics has come in and said we need to see a picture that said this guy can hit and can make a difference for our team instead of just going off of the eyeball test. Those opinions still make it into the decision-making process, but you still need the numbers to be able to back it up.”One advanced statistic used in the baseball world is wins above replacement, which calculates, based on a particular player’s ability and statistics, how many wins the player generates or loses for the club.“Every play in baseball either contributes to runs scored or takes away from runs scored,” said Jim Albert, a professor of statistics in the Department of Mathematics at Bowling Green State University. “Runs can be translated or interpreted in terms of wins with roughly 10 additional runs corresponding to one win. Obviously you want to score runs, but the objective essentially is to win the game, so every play has some impact on the probability of winning.”This rise of statistics has changed the way teams, fans and even the media look at sports, but it has not changed the way fans and observers think about sports.“I think that has not changed the mindset of anyone,” Dunsmore said. “We all know what a good player looks like. It may help people appreciate some other players too.” read more