Arsene Wenger admits stress of Arsenal job was affecting his health

first_imgArsene Wenger admits stress of Arsenal job was affecting his health Wenger is yet to return to football (Picture: Getty)‘So it was both a break-up but also a relief for me, because carrying that responsibility for so long, with all the obligations that come with it, it wears you out.‘It’s extraordinarily difficult. And last year I felt I was beginning to pay the price health-wise.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityEmery has struggled to make major improvements at Arsenal since taking over from Wenger, but has the firm backing of the board and club hierarchy.And Arsenal are now in pole position to qualify for the Champions League after Manchester United were beaten by Wolves on Tuesday night.Winning a spot in the Champions League would serve as a major boost to Emery and substantially increase his transfer kitty for the summer. Wenger left Arsenal last summer (Picture: Getty)Arsene Wenger has admitted the pressure of being Arsenal manager was taking a toll on his health in the final year of his reign.The Frenchman was in charge at Arsenal for 22 years before eventually being ushered out the door last summer.Wenger, who won the Premier League three times as Arsenal boss, stepped aside and was replaced by Unai Emery. LONDON, ENGLAND – MAY 06: Arsenal manager Arsene Wenger removes his Arsenal tie at the end of the Premier League match between Arsenal and Burnley at Emirates Stadium on May 6, 2018 in London, England. (Photo by Mike Hewitt/Getty Images)More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves There were some difficult times at Arsenal (Picture: Getty)The 69-year-old is yet to return to work, but revealed the stress of managing Arsenal was beginning to negatively affect his health.ADVERTISEMENT‘In life there are some splits that you choose and some that are imposed on you,’ Wenger said speaking at an event in France.AdvertisementAdvertisement‘In this case it was a bit of a mix of the two, because at a certain point, the fans need a change. In my last year it was becoming difficult. Coral BarryWednesday 3 Apr 2019 12:15 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link689Shares Advertisement Comment Advertisementlast_img read more

​Danish FSA calls on pension funds to explain alts valuations

first_img“The pension companies have had price losses on a number of financial assets this year, and so we are now launching an investigation to get an overview of how the firms have secured a continuous valuation at fair value of their alternative investments,” he said.Back in March at the beginning of the Danish lockdown, the FSA made pension funds step up financial reporting in order to monitor developments in the sector, asking for information about solvency coverage on a weekly basis, including financial stress tests carried out by the firms.At the end of March, Danica Pension received a number of official orders from the watchdog to improve the continuous valuations of parts of its alternatives portfolio, among other areas.Many Danish pension funds have been lifting their allocations to alternatives in recent years in a bid to diversify their asset mixes as well as secure long-term secure income streams as long bond yields shrank.To read the digital edition of IPE’s latest magazine click here. The Danish FSA (Finanstilsynet) said it is launching an investigation into the pension sector’s ongoing valuation of alternative investments, with the funds having suffered investment losses in other asset classes so far this year because of the effects of the COVID-19 pandemic.The financial watchdog called on the country’s pension funds to explain their valuation methods regarding real estate, private equity, infrastructure and illiquid credit investments, in a new probe it it said it was initiating due to recent large fluctuations in markets.Carsten Brogaard, deputy director at the FSA, said: “It is important for the individual pension saver that the firms have processes and methods that ensure that the companies have fair ongoing valuations.”Continuous reporting was a prerequisite for proper risk management within investment, he said, and would help avoid the risk of redistribution of assets between customers, for example when they entered and left the pension schemes, or when there was trading between customers within a company.last_img read more

Evan Ryan discusses diplomacy

first_imgUnited States Assistant Secretary of State for Educational and Cultural Affairs Evan Ryan discussed her role at the agency at an event on Monday in the Social Sciences Building.Jay Wang, director of the USC Center of Public Diplomacy, began the event by introducing Ryan. Ryan assumed her position as assistant secretary of state on Sept. 26. Previously, she served in the White House as assistant to the vice president and special assistant to the president for intergovernmental affairs and public engagement.The visit to USC was Ryan’s first stop outside of the state department. Ryan began the conversation by introducing what the ECA does and what it is responsible for.“The ECA oversees international exchange programs — cultural, professional and academic. We have about 140 exchange programs of different kinds,” Evans said. “Through these programs, we have about 300,000 foreigners coming into the United States every year.”The ECA’s mission statement is to increase mutual understanding between the people of the United States and the people of other countries through educational and cultural exchanges that support the development of peaceful relations.“We are sharing American values around the world, to develop individual skills for people to return to their home country with enhanced skill bases, in order to lift up their communities and countries,” Ryan said.Ryan said the ECA also tries to reach out to new and diverse communities.“A huge goal for us is trying to reach people who may have never previously met someone from the U.S.,” she said. “Those are the audiences we are trying to expand to — the nontraditional people for these exchange programs.”Ryan also spoke about different exchange programs through the ECA. For example, there is a Fulbright-mtvU program for students who are more interested in music.“A Fulbright-mtvU fellow developed a band of Palestinians and Israelis. They travel around and perform,” Ryan said. “It’s a really rare partnership between Israelis and Palestinians and it’s based on music. It is really a heartening thing to see.”The second half of the conversation with Ryan consisted of a Q&A session.Students who were at the meeting with Ryan had differing opinions about it. Many were excited to learn more about the United States’ diplomatic efforts.“I came into the conversation without knowing much about what she does and the program. It was really interesting to hear all these international efforts to create better relationships,” said Cindy Barrios, a senior majoring in East Asian area studies.Some students said they were interested to learn exactly what diplomacy means.“Public diplomacy is one of those things that everyone has heard of but it’s also something no one can define exactly,” said Luke Phillips, a sophomore majoring in international relations. “It’s refreshing going to an event where all they do is talk about it. It’s amazing to know that by working for the state department for this group, you can plan events while serving your country and serving the interests of peace and freedom for the rest of the world.”Other students, however, thought Ryan should have focused her speech on more practical matters.“It’s definitely interesting to listen; it’s rare that you get to hear directly firsthand, sitting in a room,” said Nona Yegazarian, a senior majoring in business administration. “At the same time, it’s not new. We already understand what diplomacy is. I wanted to hear about the actual problems and how they’re working to overcome them.” Follow us on Twitter @dailytrojanlast_img read more

ScienceShot: Powering Up the Magnetosphere

first_imgTaking advantage of a rare chance alignment of eight Earth-orbiting spacecraft, space physicists have pinned down where and how the energy of the solar wind can surge Earthward to power the celestial light of the auroras and help fire up the Van Allen radiation belts. Researchers knew that the magnetosphere—Earth’s magnetic bubble of plasma—gets its energy from solar wind, which blows the plasma into its teardrop shape and stores energy by stretching and compressing the magnetosphere’s magnetic field lines (blue). These stressed magnetic field lines can merge, or reconnect, at a point about halfway between Earth and the orbit of the moon. But, contrary to expectations, the stored energy is not just released where reconnection occurs, researchers report online today in Science. Instead, energy is released at a magnetically intense “front” as reconnection slings the front toward Earth at almost 1.5 million kilometers per hour (and sends another front toward deep space). The passage of a front heats the plasma (yellow zone) and sends charged particles flying toward Earth (red arrow), where the onslaught powers both radiation belts and aurora.See more ScienceShots.Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)last_img read more