ECB to launch quantitative easing in third quarter, BNP Paribas predicts

first_imgInvestment bank BNP Paribas has predicted a round of full-blown quantitative easing (QE) by the European Central Bank (ECB), starting at the beginning of the third quarter.Laurence Mutkin, London-based global head of G10 rates strategy at the French bank, told IPE he was consequently bullish on the 3-7 year part of the European supranational bond curve.He also indicated that it would affect the relative performance of interest rate swaps against bonds.Disinflation pressures will leave the central bank with no choice but to pursue the unconventional monetary policy already at work in the US, the UK and Japan. The ECB did purchase government bonds in 2011 as part of its Securities Markets Programme (SMP), but these purchases were sterilised with deposit auctions.“The ECB will have to move to full QE because we just don’t think that other measures are going to be particularly effective,” Mutkin said.The central bank could push its deposit rate below zero, lower its refinancing rate or offer another round of long-term refinancing operations (LTRO).While the ECB has been “operationally ready” to introduce a negative deposit rate for some time, Mutkin said, the lack of excess liquidity in the monetary system – now that so much of the original LTRO has been repaid – would make such a move “almost entirely symbolic”.When there is a lot of excess liquidity in markets, the overnight interest rate paid between commercial banks disconnects from the ECB’s refinancing rate and falls towards its deposit rate.But as excess liquidity dries up – and especially as it falls below about €150bn, as it has recently – those market interest rates begin to re-connect with the refinancing rate.“The deposit rate is becoming less influential on the market level of interest rates, which makes taking it negative easier to do, but less effective,” Mutkin explained.The ECB did cut its refinancing rate to 0.25% in November 2013, apparently in anticipation of this automatic rise in overnight rates back towards that benchmark.“The ECB could cut the refi rate to 15 or 10 basis points, but does 10 or 15 basis points off of the potential peak overnight rate really change the monetary environment?” Mutkin asked.A new round of LTRO could provide the liquidity conditions in which a negative deposit rate would have renewed effectiveness, but he thinks the ECB is reluctant to provide funding for banks to expand their balance sheets by buying zero risk-weighted assets.“[Ewald] Nowotny has suggested that there might be some conditional long-term lending, perhaps along the lines of the UK’s Funding For Lending scheme, but unconditional long-term refinancing no longer seems to be on the agenda,” he said.The ongoing threat of disinflation will spur government bond purchases, he concluded, probably weighted according to the ECB’s ‘capital key’.The biggest providers of capital to the ECB are Germany, France and Italy, but Germany’s outstanding government debt as a proportion of its GDP is much lower than that of Italy or France.The ECB would therefore buy German government bonds in disproportionate amounts, Mutkin suggested.To balance that out, it will likely follow the precedent of the European Stability Mechanism’s investment policy and buy supranational and agency bonds as well as sovereign bonds, he added, and focus on the 0-3 year part of the curve to appease the more orthodox policymakers who harbour long-term worries about inflation.“Because of the desired portfolio re-balancing effect, those who have their three-year paper bought by the central bank will have to go and buy four-year paper from other investors, and so on,” he added.“For that reason, investors should probably think that supranationals will outperform, and that the best part of the curve to be sitting in would be the 3-7 years.”Mutkin does not think QE will necessarily push core euro-zone government bond yields down.He points to evidence that QE in the US and the UK, once underway, actually pushed yields up – thanks to the third factor of market expectations for economic recovery and rate hikes having a greater impact than the supply-and-demand balance.However, he does expect relative outperformance against interest rate swaps, where rates would be set to rise.“What we are talking about is outperformance of spread products and government bonds against the true risk-free rate, which is represented by swaps, which reflect market expectations of where the EONIA rate is going,” Mutkin told IPE.Because the notional principal of many swaps is discounted using EONIA, a rising EONIA rate would result in rising swap rates.That could present an opportunity to move liability-hedging portfolios out of swaps and into cash-market bonds, especially in those parts of the curve identified by Mutkin as most likely to respond to QE purchases.John Stopford, co-head of fixed income and currency at Investec Asset Management, also raised the prospect of QE at his firm’s 2014 Outlook press conference in London on 21 January, while discussing prospects for US dollar strength.“The latest surveys suggest that only about 8% of the market puts a high level of probability on QE from the ECB,” he said. “It is more like a one-in-four probability.”A Reuters poll of economists in November found only 20% entertaining the possibility the ECB would stop sterilising its bond purchases.last_img read more

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Queensland leads key property investor top 100 list

first_imgRental yield is one of the main considerations for many investors looking for cashflow when buying positively geared property.Seventeen of the suburbs on the list were in New South Wales, 15 in South Australia, 15 in Victoria, eight in Tasmania, and one apiece in Western Australia, Northern Territory and Australia Capital Territory. #65 George Town, TAS#66 Glenorchy, TAS#67 Crestwood, NSW#68 Lavington, NSW #69 Thabeban, QLD #80 Labrador, QLD 58 locations where prices are hotting up The list was split between suburbs with high rental yields for houses (63) and unit (37).The town of Blackwater in Queensland emerged with the best rental performance in the country, with a yield of 11.7 per cent for houses and a median value of$122,165.The top five was dominated by Queensland suburbs with Woree and Manunda taking out third and fourth spots, while in second place was Broken Hill in New South Wales, and fifth was Katanning in Western Australia.The top 100 list was made up or suburbs where houses or units had an estimated gross rental yield of 5 per cent or more a year. Seventeen of the suburbs on the list were in New South Wales. Picture: AAP Image/Sam Mooy.The analysis found that the top 100 best performing suburbs had houses with median values ranging from as low as $89,483 to as high as $521,597, while unit values spanned $133,205 to $395,577.CoreLogic research analyst Cameron Kusher said to make the cut, the suburb had to have delivered “solid rental yields, consistent rental growth and vacancy rates of less than 3 per cent”.Strong unit performance made up 37 spots on the top 100 list with houses at 63. #38 White Rock, QLD #78 Araluen, NT #79 Southport, QLD #47 Grafton, NSW #48 Avenell Heights, QLD Ranking By Rental Yield: #43 Manilla, NSW #44 Oakey, QLD Epic home with motocross track back on market #70 Kepnock, QLD #85 Edmonton, QLD #86 Aitkenvale, QLD #81 Mowbray, TAS #82 Bentley Park, QLD #1 Blackwater, QLD #25 Smithfield, SA #26 Cairns North, QLD #24 West End, QLD #27 Quirindi, NSW #28 Heatley, QLD Queensland suburbs made up 42 of the top 100 best places in the country for rental performance.Queensland has taken out top honours making up almost half the top 100 suburbs where property investors can make money, latest data revealed.The latest CoreLogic rental yield figures, released Tuesday, saw Queensland suburbs make up 42 of the top 100 best places in the country for rental performance, and one spot in the Sunshine State was also leading the nation. #74 Elizabeth Vale, SA#75 Morphett Vale, SA#76 Hamilton, VIC #77 Slade Point, QLD #10 Port Augusta, SA#11 Elizabeth North, SA #12 Holloways Beach, QLD #29 Morwell, VIC#30 Davoren Park, SA#31 Elizabeth Park, SA #32 Maryborough, QLD FOLLOW SOPHIE FOSTER ON FACEBOOK #37 Cranbrook, QLD Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58center_img #84 Kirwan, QLD #87 Churchill, VIC#88 Wodonga, VIC#89 Queanbeyan East, NSW#90 Forest Hill, NSW#91 Sale, VIC#92 Mudgeeraba, QLD #4 Manunda, QLD #19 Portland, VIC#20 Corowa, NSW#21 Parramatta Park, QLD #39 Carlton, VIC#40 Mooroopna, VIC#41 Salisbury, SA #42 Manoora, QLD #33 Narrabri, NSW#34 New Norfolk, TAS#35 Port Pirie South, SA #36 Svensson Heights, QLD #71 Beaconsfield, QLD #52 Smithfield Plains, SA#53 Horsham, VIC #54 Kingaroy, QLD #98 Andrews Farm, SA#99 Gungahlin, ACT#100 Queanbeyan, NSW (Source: CoreLogic Rental Performance Report) #55 Moe, VIC#56 Cootamundra, NSW#57 Munno Para, SA#58 Whyalla Jenkins, SA#59 Armidale, NSWMore from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours ago #60 Clifton Beach, QLD #2 Broken Hill, NSW #3 Woree, QLD #61 Newnham, TAS#62 Inverell, NSW#63 Westdale, NSW #64 Sarina, QLD #22 Stawell, VIC #23 Springwood, QLD #93 West Wodonga, VIC#94 Brendale, QLD #95 Currumbin Waters, QLD #13 Port Augusta West, SA#14 Westcourt, QLD#15 Bridgewater, TAS#16 Ararat, VIC #17 Park Avenue, QLD #72 Shepparton, VIC #73 Gatton, QLD #83 Upper Coomera, QLD MORE: First time home loans surge to 7-year high #49 West Kempsey, NSW#50 Claremont, TAS #51 Reedy Creek, QLD #9 Moranbah, QLD #45 Mildura, VIC #46 Roma, QLD #18 Mooroobool, QLD #96 Newnham, TAS #97 Helensvale, QLD #5 Katanning, WA#6 Cobar, NSW#7 Bordertown, SA #8 Bungalow, QLDlast_img read more

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Mr. Oliver David “Dave” “Tony” Gridley

first_imgMr. Oliver David “Dave” “Tony” Gridley, age 90, of Vevay, Indiana, entered this life on December 10, 1928, in Patriot, Indiana. He was the second oldest of five sons of, Abijah North and Mary Elizabeth (Kinnett) Gridley. He was raised in Patriot, Indiana where he attended school. Dave was united in marriage on March 24, 1951, to Wilma Maxine “Mickey” Covington. This happy union was blessed with three daughters, Diane, Cathy and Toni. Dave and Mickey shared nearly 20 years of marriage together until she passed away on February 2, 1971. After the death of Mickey, Dave was united in marriage to Nancy Jean Jackson in July 1972. This happy union was blessed with three children, Bridget, April and David. Dave had a strong work ethic which carried forward to his children. As a young man, Dave worked for Bruce Hutchinson Farms and Bliss Hauling. He then worked for many years for the US Shoe Factory in Vevay, Indiana and Swiss Caps in Patriot, Indiana. David decided to branch out on his own and started his own contracting business and over many years built a successful business and many beautiful homes in the area. After retirement, he was employed part time for Belterra Casino Golf Course in Florence, Indiana. David was passionate about his vegetable gardening. He loved tractor pulling and his John Deere tractors. He was an avid high school and college basketball fan following his grandchildren’s sports career for the Switzerland County High School Pacers and the New Albany Bulldogs coached by his grandson, BJ and at Colby College and at Indiana University. Wherever his grandchildren coached or played, he followed. He enjoyed watching Dan, Kodi and their children showing their cattle. Dave passed away with his loving family by his side at 2:40 a.m., Wednesday, October 9, 2019, at the Highpoint Health in Lawrenceburg, Indiana.Dave will be deeply missed by his daughters, Diane Karagory and her husband, Randy of Freeport, ME, Cathy McAlister and her husband, Lynn of Patriot, IN, Toni Renee Young and her husband, Tim of Vevay, IN, Bridget Gridley of Vevay, IN and April Gridley of East Enterprise, IN; his son, David Gridley and his wife, Amanda of East Enterprise, IN; his grandchildren, Erin Knight Brochu and her husband, Matt of Portland, ME, BJ McAlister and his companion, Brandi of Jeffersonville, IN, Megan Ganguly and her husband, Sonny of Bethesda, MD, Dan McAlister and his wife, Kodi of Patriot, IN, Chelsea Kirkpatrick and her husband, Klint of Rising Sun, IN, Mattea “Tater” Edwards of East Enterprise, IN, Tristan Benham, Jullian Benham, Kearstan Gridley, Dreylan “Little Pedro” Gridley; his great-grandchildren, Lainie McAlister, Landen McAlister, Jackson Knight, Lynleigh “Little Blondie” McAlister, Eloise “Ella” Knight, Savana “Savi” Ganguly and Harison “Hari” Ganguly; his brother, William “Bill” Gridley of Rising Sun, IN and his several nieces and nephews.He was preceded in death by his parents, Abijah North Gridley, died January 31, 1972 and Mary Elizabeth (Kinnett) Gridley, died July 8, 1981; his wife, Wilma Maxine “Mickey” (Covington) Gridley, died February 2, 1971; his brothers, James Abijah Gridley, died October 15, 1985, Robert Shaw Gridley, died March 6, 2007 and Gorden LeRoy Gridley, died January 3, 2006 and his grandson-in-law, John Knight, died July 25, 2015.Friends may call 4:00 p.m. – 8:00 p.m., Saturday, October 12, 2019, at the Haskell & Morrison Funeral Home, 208 Ferry Street, Vevay, Indiana 47043.Funeral services will be conducted Sunday, October 13, 2019, at 11:00 a.m., at the Haskell & Morrison Funeral Home, 208 Ferry Street, Vevay, Indiana 47043.Interment will follow in the Vevay Cemetery, Vevay, IndianaMemorial contributions may be made to the John Knight Curiosity Lab c/o Haskell & Morrison Funeral Home. Cards are available at the funeral home or online at www.haskellandmorrison.comlast_img read more

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Chalobah set for return to Chelsea

first_img “For a young man going into the Premier League he’s done well and I thought he was very good at QPR,” Dyche added. “With Duffo – he’s done well this season – so it was a case of picking on form. Now Keano comes in and he’s done well, so it will be interesting when we’ve got everyone fit.” It is in central midfield, Chalobah’s usual position, that Dyche has pinpointed as an area he will target when the transfer window opens up again. The likes of Henri Lansbury and Craig Bryson were linked with the Clarets over the summer but both signed new deals at their respective clubs and Dyche is ready to go looking for another midfield maestro. “We’re looking to strengthen with the right players,” he said. “There’s certain areas that we possibly need to build further than others. We’ve not got great depth in central midfield. “It’s supply and demand, availability of players and the ones that fit the team but also the financial model of the club. “There will be finance, we know that, but we’ve already seen the finance involved in the Premier League is considerable and it’s how far the club want to go towards affecting the situation, if and when the right player comes available.” Chalobah arrived at Turf Moor on transfer deadline day hoping to impress Blues boss Jose Mourinho and show he could break the mould by being a Chelsea academy product worthy of regular first-team consideration. But in the week that 18-year-old Ruben Loftus-Cheek’s senior debut earned so much attention, a man who once made the Chelsea bench at 15 is struggling to build on the early hype which surrounded him. Chalobah is yet to start a game under Dyche and has played just 66 minutes in total, 45 of which came in the 4-0 drubbing at West Brom. He has played no part in the Clarets’ last five games and after confirming there is no injury concern over Chalobah, Dyche admitted the Barclays Premier League’s unforgiving nature has limited the teenager’s opportunities. “He’s a young player learning, earning his spurs and developing, and this is a tough league to do all those things in and do them every week,” said the Clarets manager. “Behind the scenes he’s working hard and should he get his chance, he’ll be ready to take it.” Yet when asked whether Chalobah would be returning to Stamford Bridge when his loan culminates in January, Dyche simply replied: “We’ll wait and see. We’ll stumble across that bridge when we have to.” Chalobah’s England Under-21 team-mate Michael Keane has made more of an impression during his loan stay, though. The Manchester United defender initially had to bide his time to break into the line-up but, with Michael Duff sidelined by a calf injury, Keane has now started three games in a row. However, while Dyche may be interested in extending Keane’s stay beyond January, the injury crisis which has blighted his parent club could mean Louis van Gaal is reluctant to agree to such terms. England Under-21 international Nathaniel Chalobah looks destined to return to Chelsea when his loan at Burnley expires next month after Sean Dyche suggested the 19-year-old may be finding it difficult to adapt to the top flight. Press Associationlast_img read more

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FL’s Largest Food Hall to Open in Delray in 2020

first_imgCalling all foodies!A 60,000-square-foot food hall – slated to be Florida’s largest – is coming soon to Delray Beach.According to a source, groundbreaking for the four-story Delray Beach Market will take place this summer at the corner of Southeast Third Avenue and Southeast First Street, near Atlantic Avenue.The center, which is scheduled to open in the fall of 2020, will also have outdoor spaces and a four-level parking garage that can hold 220 vehicles.Delray Beach Market will include 35 chefs and operators.last_img

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Adult co-ed league dodge ball starting in Ellsworth

first_img Latest Posts ELLSWORTH — Adult co-ed dodge ball teams will soon be having matches in the newly refurbished Moore Community Center thanks to Union Square — Ellsworth’s young professional’s group.An information and practice session is set for Wednesday, Jan. 28, at 6 p.m. at the Moore Center.The league will have a maximum of 12 teams. Teams need a minimum of six players and a maximum of 12 and must have at least two female players. Eligible participants must be 18 years of age prior to the start of the program. A registration fee of $150 per team will be charged.Official league games will start on Feb. 4, Wednesday evenings from 6 to 9 p.m. with 30 minute matches. A schedule will be provided to the teams after the registrations are complete. Registration/roster forms will be available on Wednesday, Jan. 28, at the Moore Community Center, as well as on the Union Square Facebook page, facebook.com/unionsquareellsworth, or at the Ellsworth Area Chamber of Commerce office.This is placeholder textThis is placeholder textDodge ball has been a popular league sport in the Bangor Area sponsored by that city’s young professionals organization, “Fusion.” Union Square — a program of the Ellsworth Area Chamber striving to enrich the community — launched its first successful event this fall with the “Dead Run” on the Woodlawn Estate trails over Halloween weekend. Participants dressed up and ran or walked a spooky course through the woods and enjoyed a costume contest, food and a great family event.For more information, contact Jake Taylor at 460-9935 or jake@wallacetent.com. Drive-thru flu shot clinics scheduled – September 18, 2020 Real Estate Transfers Week of Sept. 17 – September 18, 2020 Latest posts by (see all) Donald Trump Jr. to host Holden campaign event – September 18, 2020 Biolast_img read more

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USA edge Nicaragua 1-0 to top Gold Cup Group B

first_img..Panama blank Martinique 3-0DEFENDER Matt Miazga scored in the 88th minute to give the United States the margin of victory it required to capture first place in Group B with a 3-0 victory over Nicaragua in the CONCACAF Gold Cup at FirstEnergy Stadium on Saturday night.After Panama topped Martinique, 3-0, earlier in the day to move provisionally atop the table, the Americans needed to win by three goals in order to avoid a quarterfinal meeting with Costa Rica.The U.S. had two penalty kicks saved by Nicaragua goalkeeper Justo Lorente, but Miazga’s late header – off a Graham Zusi free kick – settled matters. Opening knockout round opposition will be the third-place team from either Group A or C in Philadelphia on Wednesday.Alejandro Bedoya set-up the first goal in the 37th minute, slicing a right-wing cross to Joe Corona. The midfielder cut back, slotting the ball through several bodies for a 1-0 edge.Five minutes into the second half, Nicaragua’s Marlon Lopez pulled down Dom Dwyer in the box to concede a penalty kick. Dwyer took it himself, but Lorente dove to his right to deny the Sporting Kansas City star.Kelyn Rowe punctuated a tremendous passing sequence to boost the U.S. into a 2-0 advantage in the 56th minute, finishing from close range in the left side of the box for his first international goal in his third appearance. Once again, it was man of the match Bedoya providing the service.Lorente saved his second penalty — after a handball in the area — denying Corona in the 63rd minute.Nicaragua played the final five minutes a man down after Luis Copete was issued his second yellow card.last_img read more

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Kobe, Kobe, Kobe;’ All-Star Game crowd pays tribute to fallen star

first_imgBy Brendan O’BrienCHICAGO (Reuters) – Team LeBron beat Team Giannis by two points at the 69th NBA All-Star game on Sunday at a packed United Center that fell silent for eight seconds before tip-off as about 21,000 fans joined hands to pay their respects to global sports icon Kobe Bryant.The silence was broken by a string of thunderous “Kobe, Kobe, Kobe,” chants that rocked the stadium as the crowd honored Bryant, who wore the No. 8 and No. 24 during a 20-year career with the Los Angeles Lakers that was highlighted by five National Basketball Association championships.The stirring pre-game tribute began with Laker great Magic Johnson rousing the crowd and paying homage to Bryant, killed along with his 13-year-old daughter Gianna and seven victims in a helicopter crash in Calabasas, California, on Jan. 26.“We will never see another basketball player quite like Kobe,” Johnson said, highlighting his work with the Los Angeles community along with the love he had for his family. “This is a tough time for the whole NBA family.”Johnson also paid tribute to former NBA Commissioner David Stern, who oversaw explosive growth in the popularity of the game during his 30-year tenure. Stern died on Jan. 1. Before tip-off, the singer and actor Jennifer Hudson, who is a Chicago native, sang with a montage of photos of Bryant and his daughter in the background.The game was a culmination of a weekend filled with tributes to the former Los Angeles Lakers star who was an 18-time All-Star and won the All-Star game’s MVP award four times.On Friday, Bryant, who is fourth all-time in league scoring, was named a finalist to the Basketball Hall of Fame. On Saturday, the league’s commissioner, Adam Silver, announced that the league’s All-Star Game Most Valuable Player Award has been permanently named for Bryant.Bryant made his NBA All-Star Game debut in 1998 at age 19 – the youngest player to ever play in an All-Star Game. His 18 All-Star selections are the second-most in NBA history, behind Kareem Abdul-Jabbar, at 19. Players in Sunday’s All-Star game wore No. 2 and No. 24 on their jerseys to honor Kobe and Gianna Bryant, while the game’s format paid homage to Bryant.The team with the most points after three quarters needed to score 24 points to win, while the trailing team had to score 24 plus the number of points it was down.Team Giannis held a nine-point lead over Team LeBron after three quarters, but the LeBron James-led side had the last laugh, outscoring Team Giannis 33-22 in the final period to clinch a 157-155 victory.Team Giannis was headed by Giannis Antetokounmpo of the Milwaukee Bucks. Team LeBron’s Kawhi Leonard was named All-Star MVP after scoring 30 points, including eight three-pointers.“Words can’t explain how happy I am for it,” Leonard said of winning the MVP trophy, now named after Bryant.“Able to put that trophy in my room, in my trophy room, and just be able to see Kobe’s name on there, it just means a lot to me. He’s a big inspiration in my life. He did a lot for me.”last_img read more

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Bayelsa Queens Win NWFL Champions Shield

first_imgHowever, left full back Uzoamaka Igwe scored in the 43rd minutes via a well- taken free-kick to give the ‘Restoration Girls’ the lead before the break.Yetunde Adeboyejo and Vivian Ikechukwu had their chances to salvage something for the ‘Jewel of Rivers’ early in the second half but were denied by Rabi Ihiabe and the experienced Osas Igbinovia at the back line of Bayelsa Queens in quick succession.Celine Ottah uncharacteristically curled wide from 18 yards after Anjor Mary’s cutback found her in space in the area in the 73rd minute as Tessy Obiahwo’s floated ball to the back post found the former Ibom Angels’ midfielder and unleashed the ball beyond the despairing dive of Charity John.But the best was yet to come, Adebisi Saheed cut in off the right and drove the ball which was parried by Rivers Angels’ goalkeeper Charity John, who made another save from a rebound before Joy Odiri scored from a close range to make it 2-0 in the 80th minute for the league Champions.Bayelsa Queens became the second team to win the Nigeria Women Football League Champions Shield after Rivers Angels did last year in Lagos beating Nasarawa Amazons and will travel down to Akure on Wednesday to face Sunshine Queens in the Premier League, while Rivers Angels will be on their way to Osogbo to face Osun Babes.Meanwhile, the Chairperson of the Nigeria Women Football League, Aisha Falode, has promised to initiate more innovations in the country’s women’s football league that would boost the fortunes of the gender game in Nigeria.Falode said at the weekend that the women’s league body won’t relent in its efforts until the league is ranked among the best in the world.She added: “Our policies are already paying off, we are aiming at building a brand that we can all be proud of. The Champions Shield is an innovation that will bring about more competitions in the league. The more the players compete, the more they get better.“Our goal, our job, our responsibility is to build the NWFL to a major brand in the footballing world. We are on the right path and we have remained consistent over the years, I believe we are almost there. Falode assured.She stressed: ” Our quest to attract quality sponsorships for the league will only be achieved when the investors are convinced they will get the desired return on investment and that’s exactly where we are driving at as a body. According to her, the NWFL has succeeded in improving the standard of the women’s league in all ramifications and no doubt, the Nigeria Women Premier League is the best in Africa. She concluded.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram * Falode pledges more innovations for the women’s leagueUzoamaka Igwe and Lucky Odiri scored in each half as Nigeria Women Premier League Champions Bayelsa Queens defeated Rivers Angels 2-0 to win the NWFL Champions Shield on a wet day at the Samson Siasia Sports Complex in Yenagoa.It was a disappointing afternoon for Edwin Okon and his girls who appeared more likely to be the first team to score in the game, as they played better in the first half, but failed to convert most of their chances.last_img read more

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Women’s soccer: Badgers down Wolverines in comeback victory

first_imgThe Wisconsin women’s soccer team returned home Thursday night and defeated Michigan 3-2 in what was a thrilling comeback victory.Coming into Thursday’s game, the Badgers (9-4-3, 6-1-1 Big Ten) and Wolverines (10-5-1, 5-2-1) were tied for second in the Big Ten standings, and the matchup served as an opportunity for both teams to make a push in the race for the conference title.Given the circumstances, both teams began the contest playing with urgency and energy. The first half, however, belonged to Michigan.For the first 45 minutes, the Badgers managed zero shots on net, while Michigan maintained control of the ball for the majority of the period.The first goal of the game came in the 20th minute when Michigan midfielder Ani Sarkisian carried the ball in from the midfield and put it in the back of the net. The Wolverines took the 1-0 lead into halftime.It was more of the same to start the second half, as just 15 minutes passed before Michigan netted their second score of the game, courtesy of a kick by junior midfielder Jessica Heifetz.With just 30 minutes left in the game, the Badgers had their backs against the wall, but the game was far from over.It took the Badgers all but five minutes to bounce back, as a header from Wisconsin midfielder McKenna Meuer gave the Badgers their first goal of the game.But most importantly, according to head coach Paula Wilkins, it gave the team confidence.“Michigan had us under a lot of pressure,” Wilkins said. “Getting that one goal back gave our team a little more confidence.”From there, the Badgers rolled, as they were able to score two more goals and take the lead in a matter of just three minutes.The equalizer came at the hands of Wisconsin midfielder Kinley McNicoll on a perfectly executed cross from forward Sydney McGinnis, and just two minutes later, midfielder Victoria Pickett had a fast break down the middle of the field when she passed to forward Nikki Greenhalgh, who was able to put the game-winning goal in the back of the net.For the final 10 minutes of the match, the Badgers were able to hold on to their lead and the comeback was complete.For Greenlaugh, the win was all about continuing to fight.“We knew we had to really pick it up,” Greenhalgh said. “We never lost the faith or our urgency.”Wilkins said the team could have easily given up after falling down 2-0, but she also knew that giving up was not in this team’s DNA.“It just shows a lot of character about this team,” Wilkins said. “They have a belief that they can do it and that’s the exciting part about this team right now.”The win marked the sixth straight victory for the red-hot Badgers, and Wisconsin is tied with only Penn State for second in the Big Ten.UW will stay at home to host Michigan State Sunday afternoon.last_img read more

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