WhatsApp FAMOUS faces from the world of horse racing will attend a fundraising evening at Cheltenham Racecourse in the UK this Saturday June 15 for injured Limerick jockey JT McNamara.Sign up for the weekly Limerick Post newsletter Sign Up The 37-year-old Croom man suffered a serious neck injury which resulted in paralysis at the Cheltenham Festival on March 14. He is receiving treatment at the spinal unit of Dublin’s Mater Hospital.Companies, race courses and high-profile horse owners have donated prizes for the night. The fundraiser will take place in the Gold Cup Suite at Cheltenham Racecourse. For more information or to donate e-mail [email protected] Previous articleSchoolchildren escape Limerick bus fireNext articleGeraldines AFC Awards Night Guest Writerhttp://www.limerickpost.ie Print Twitter Limerick’s All Ireland winning champions return to action Linkedin RELATED ARTICLESMORE FROM AUTHOR Facebook Email Sod turned on €15 million Croom school campus Croom festival highlights plight of Maigue crayfish Dawn of a new era for education in Croom Common sense would light up Croom TAGSCheltenham fundraiserCroomLimerick jockey JT McNamara NewsCheltenham fundraiser for JTBy Guest Writer – June 11, 2013 551 Advertisement ETB announces appointment of main contractor for construction of new Coláiste Chiaráin, Croom
View Comments Broadway’s brightest perform for Orlando on ‘Maya & Marty’ Spectacular things happen when humans come together to spread “love, sweet love,” and the Broadway community is living proof. Following the Orlando tragedy, the Great White Way’s brightest assembled to create a powerful benefit single, “What the World Needs Now Is Love.” Broadway faves like Waitress’ Jessie Mueller, Shuffle Along’s Billy Porter and many more recently took the stage on NBC’s Maya & Marty. The world seems to be answering back with a resounding “Yes”; the single has peaked at number one on the iTunes Top Songs chart. Snag your copy of the single here, and watch the performance below!
The central bank also said it is “closely monitoring developments and their implications for the economic outlook and will use its tools and act as appropriate to support the economy.”The Fed’s action could presage a wave of easing from other central banks around the world. It came hours after Chairman Jerome Powell and finance chiefs from the Group of Seven nations said they would “use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks.” That echoed a statement Powell made on Friday.The vote for the emergency cut to a range of 1 percent to 1.25 percent was unanimous. The Fed also said in the statement that the “fundamentals of the US economy remain strong.”Powell will hold a press conference Tuesday at 11 a.m. in Washington, the Fed said. The US Federal Reserve delivered an emergency half-percentage point interest rate cut Tuesday in a bid to protect the longest-ever economic expansion from the spreading coronavirus.“The coronavirus poses evolving risks to economic activity,” the Fed said in a statement to announce the move, its first such inter-meeting cut since October 2008 during the financial crisis.US stocks were higher after the news, while the 10-year Treasury yield touched 1.08 percent. Fed funds futures are pricing more than a percentage point of central bank rate reductions for 2020, including another quarter-point cut in the first half of the year. Topics : The decision comes amid public pressure for a cut by President Donald Trump, whose stewardship of the economy is central to his reelection campaign this year. Following the news he called for more, demanding in a tweet that the Fed “must further ease and, most importantly, come into line with other countries/competitors. We are not playing on a level field. Not fair to USA.”US central bankers were scheduled to gather March 17-18 in Washington. Tuesday’s decision was the first time it had cut by more than 25 basis points since the financial crisis.The reduction marks a stark shift for Powell and his colleagues. They had previously projected no change in rates during 2020, remaining on the sidelines during a US election year, after lowering their benchmark three times in 2019 to a range of 1.5 percent to 1.75 percent.As recently as last week, some officials, including Vice Chairman Richard Clarida, had indicated they thought it was too soon to respond to the virus. They pledged to monitor the situation, but argued monetary policy was already easy and the fundamentals of the economy strong with unemployment near a 50-year low.But as the number of reported cases of the virus rose around the world in recent days and the US reported its first fatality, traders increasingly bet the Fed would step in to shore up confidence and keep credit flowing. Powell seemed to cement that view with his emergency statement on Friday, which lent some support to stocks.Powell has staked his chairmanship on sustaining the expansion, words he has used to describe the essential mission of the FOMC, the Fed’s rate-setting panel. Despite the limited ability of monetary policy to ease the impact of a public health emergency, the rate cut could support consumer and business sentiment. Lawmakers are working on a US$7.5 billion virus response bill, another reminder that critical fiscal policy can take weeks to move through Congress.Lower rates do little for factories lacking needed materials from abroad and are unlikely to spur consumers to shop if they’re scared of infection. But they do ease financial conditions by making debt payments easier to manage and by calming volatility.One lesson Fed officials will take away from this moment is how rapidly their policy space is used up in a crisis.Total cuts of one percentage point this year, which several Wall Street firms are forecasting, would bring the bottom range of the Fed policy rate down to 0.5 percent. If the virus impact is worse than expected, or if the economy is hit by a separate shock, the policy rate could strike zero. At that point, Fed officials are left with unconventional tools, such as purchases of longer-dated Treasuries – known as quantitative easing. The effectiveness of such tools when longer-term rates are already low remains to be seen.The Fed is in the midst of a review of its tool kit to achieve its goal of maximum employment and stable prices. They are considering policies such as outcome-based forward guidance, where a policy change would be linked to some tangible metric such as achieving an inflation rate, and yield curve caps.Wherever the discussion lands, the virus has highlighted the need for better fiscal and monetary policy coordination in a time of exceptionally low interest rates, says Julia Coronado, the president of The Fed is “carrying the domestic burden and the global burden” because they are one of the few central banks in developed economies that still has rates to some degree above zero, Coronado said.“The fiscal policy response has been lacking. There are people that are going to be struggling to pay their bills and certain workers are going to lose incomes. This is the shock that needs to be insured and we are really behind the curve.”
West Ham says “the savings created by the measures above will support the entire infrastructure of the club and enable us to retain jobs and continue to pay 100% of staff salaries.”Southampton said Thursday that its players would defer three months’ wages.Premier League clubs as a collective had hoped squads would all cut wages by 30% but the players’ union rejected the proposal.___The family of Kenny Dalglish says the former Liverpool player and manager has tested positive for the coronavirus but “remains asymptomatic.” ESPN will also show the 2004 bee won by David Tidmarsh of South Bend, Indiana, and the 2008 bee won by Sameer Mishra of Lafayette, Indiana. ___ The French tennis federation has set up a support plan worth 35 million euros ($38 million) to help professional players facing financial problems because of the coronavirus pandemic.The FFT says it has approved the scheme that will also benefit clubs, coaches, instructors, officials and tournament organizers affected by the health crisis.The FFT says practical arrangements for the allocation still need to be discussed. The Latest: Orlando Magic arena becomes distribution center ___On what would have been the final day of the Masters, ESPN will show some masterful spellers.The network says it will broadcast a seven-hour marathon of the Scripps National Spelling Bee on Sunday.This year’s spelling bee has been postponed indefinitely because of the coronavirus pandemic. It had been scheduled for late May at its usual location, a convention center outside Washington. Scripps hopes to reschedule the bee at an undetermined time this year.ESPN has televised the bee since 1994. On Sunday, it will first show the 1997 bee, which was memorably won by Rebecca Sealfon of Brooklyn, New York. Sealfon’s excitement when she was given her winning word of “euonym” — a name well suited to the person, place or thing named — became a classic spelling bee moment when she yelled out each letter. Italy has suffered the most deaths of any nation, nearly 19,000, and is nearing 150,000 cases, hitting 147,577 on Friday.___The Milwaukee Bucks have established an emergency relief fund for part-time employees of FiServ Forum, the team’s home arena.The Bucks Emergency Relief Fund will provide financial relief for part-time employees of the arena’s food and beverage provider, housekeeping employer and parking partners.The relief fund also will assist part-time employees at the Menominee Nation Arena. That’s the home arena for the Wisconsin Herd, the Bucks’ NBA G League affiliate. Portuguese officials have defended Cristiano Ronaldo after he left home and was seen training with other people at a soccer pitch amid a national lockdown to stem the coronavirus outbreak.The incident occurred on the island of Madeira, his birthplace. He was observed shooting a ball at a goal with someone playing goalkeeper, along with two other people. They all appeared to be several meters apart.“Cristiano did solely a few minutes of exercize and from that comes no harm to the world,” regional health authority Carlos Ramos said.“All citizens can go out and do some physical exercize as long as they do not gather in big groups and keep their distance from other people they may encounter while exercizing,” Ramos said. “So I think that Cristiano did only what we have seen.”Portugal has been under a state of emergency for three weeks. People are confined to their homes, but they can leave to exercize individually. The country has more than 15,000 confirmed cases of COVID-19 and 435 deaths. The 69-year-old Dalglish was hospitalized on Wednesday as an infection required intravenous antibiotics.A COVID-19 test unexpectedly showed he had the disease despite previously displaying no symptoms.Dalglish’s family says “prior to his admission to hospital, Sir Kenny had chosen to voluntarily self isolate for longer than the advised period together with his family. He would urge everyone to follow the relevant government and expert guidance in the days and weeks ahead.”The family statement concluded by saying Dalglish “looks forward to being home soon.”___ So far, the Bucks have provided $500,000 in financial assistance to the part-time employees, and an additional $500,000 is on the way through the relief fund.NBA MVP Giannis Antetokounmpo and All-Star forward Khris Middleton have contributed $100,000 each. All their Bucks teammates have committed to donate to the cause. Bucks ownership is matching all player donations.___Washington Nationals general manager Mike Rizzo says one team employee — not a player — tested positive for the coronavirus and is “on the road to getting better.”Rizzo says no players for the reigning World Series champions have shown any symptoms of COVID-19 at any point and so no one has been tested. Sports Minister Oleg Matytsin says the virus outbreak means the parties in the legal proceedings should avoid a ruling against Russia because it would fracture the Olympic movement.He adds that “when you see that everyone is isolated and everyone is at home … people understand that now there are priorities and there are issues which go on the backburner. The priority is the future of the Olympic movement.”Matytsin says sanctioning Russia would damage the Olympic movement and says the country is prepared to host more international sports events once the virus outbreak recedes.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 The nationwide lockdown in Italy has been extended through May 3 but Sports Minister Vincenzo Spadafora is urging the country’s sports federations to develop health protocols in order to resume activity on May 4.Spadafora urges sports authorities “not to let these weeks be lost” and to urgently make plans for when the lockdown expires.Previously, the lockdown was set to expire on Monday.The extension came as the number of people in Italian hospitals and intensive care wards eases and the growth in the number of new cases and deaths is narrowing. Experts have said it will take a decrease in the number of cases to enter a so-called Phase II, allowing more freedom of movement to individuals but with precautions to guard against any new outbreaks. ___Basketball’s Sabrina Ionescu, soccer’s Carli Lloyd and swimming’s Katie Ledecky are among the athletes who will help young girls and women stay mentally and physically fit during the coronavirus pandemic.The Women’s Sports Foundation and Yahoo Sports are launching #WeKeepPlaying, a live-stream event on Saturday at 4 p.m. EDT. They’ll join tennis great Billie Jean King and former Secretary of State Condoleezza Rice in taking questions from young athletes and providing tips on resilience and training.King says it’s about “bringing together our community of prominent women athletes and leaders to empower, support and inspire young girls — and each other — during this unprecedented time.”Sports broadcaster Cari Champion will moderate the hour discussion, streamed on YahooSports.com. ___West Ham has become the latest Premier League club to announce its players will defer some wages as the competition is suspended due to the coronavirus pandemic.The percentage of the wages being held back was not disclosed by the London club on Friday.West Ham did say manager David Moyes, vice chair Karren Brady and finance director Andy Mollett are taking a 30% pay reduction.Co-owners David Sullivan, David Gold and fellow shareholders are also injecting 30 million pounds into the club. April 10, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The Orlando Magic’s home arena will become a distribution center for medical equipment and supplies as part of the ongoing response to the coronavirus pandemic. He said the team’s medical staff checks in each day with every player and staff member.According to Rizzo, the employee who got the illness was at the team’s spring training facility in West Palm Beach, Florida, and now is home and his quarantine has ended. Rizzo said the employee is fever-free and symptom-free.Rizzo did not identify the person who was sick other than to say it is not someone who plays for the Nationals — “and we’re going to keep it at that.” The GM said the person tested positive “well after” the Nationals already had shut down their facilities in Florida and Washington.Rizzo also said Friday on a conference call with reporters that the Nationals are partnering with chef José Andrés to distribute tens of thousands of meals per day to people in need in parts of Washington.__ Associated Press The eight-team Turkmenistan league was suspended on March 24. The national soccer federation says it will resume on April 19. Fans will be allowed to attend games.Turkmenistan has not reported any cases of the coronavirus.___The Russian sports minister says it’s time for international authorities to “turn a new page” and forget the country’s Olympic doping ban because of the coronavirus pandemic.The World Anti-Doping Agency barred Russia from the Olympics for four years after ruling last year that doping data from a Moscow laboratory had been manipulated. The Court of Arbitration for Sport is to rule on whether the ban is valid but hearings have been delayed because of the health crisis. The ATP and WTA announced this month that the men’s and women’s professional tours would be suspended until at least July 13. Wimbledon has been canceled because of the deadly virus while the start of the French Open has been postponed from late May to late September.___Florida State offensive lineman Andrew Boselli says he had the coronavirus and detailed some of what his famous father went through in his own fight against COVID-19.The son of former NFL lineman Tony Boselli says in a first-person account he wrote for Florida State’s athletic department website that he dealt with the worst of the virus for about three days.The Seminoles’ lineman wrote that he wants “everyone to know just how hard it was. I spent days feeling miserable” and his healthy 47-year-old father with no underlying health conditions “spent three days in the intensive care unit.” The Syracuse Crunch of the American Hockey League has loaned two sanitation machines to a local hospital to see if they could help clean personal protective equipment worn by hospital staff.The Crunch uses one of the machines in its locker room and the other to clean equipment but doesn’t need them right now with sports on hold because of the coronavirus pandemic. Turns out they’re a good fit at Upstate University Hospital.Chief executive officer Dr. Robert Corona thought of the idea. He says after careful analysis of tests performed by the hospital’s infection control team, infectious disease specialists, microbiology team and other clinical experts, the hospital has developed a process for collecting used shields, decontaminating them with the Sani Sport sanitation machines, and re-using the shields.Crunch chief operation officer Jim Sarosy says the AHL has been in touch with the other teams in the league, and he says a firehouse in Boston and the State University of New York at Cortland also have reached out to the team.According to the website of the Quebec-based company, its customers include 28 NHL clubs, 16 in the NFL, and six in MLB. Orlando Mayor Buddy Dyer announced the plan Friday, along with the Magic. The Amway Center, which includes the AdventHealth Practice Facility that serves as the Magic’s training home, will be used as a staging space for as long as is required. There are contingencies to continue if the need is still there when NBA play resumes.Dyer says the arena will be a hub for equipment and supplies that will go to 50 hospitals in Central Florida as well as facilities in seven other states.Magic CEO Alex Martins says conversations with AdventHealth and the city alerted the team to the need for such a space. “It is our honor to partner with the city of Orlando to provide assistance in the use of the Amway Center to meet AdventHealth’s and our community’s needs,” Martins said.The Magic have been very active in responding to the pandemic, with several players donating money to various causes and the DeVos family — which owns the team — pledging up to $2 million to assist Amway Center hourly workers for lost games.___ Tony Boselli is now back home and Andrew Boselli says he and his family are recovering from the massive scare. He says his brother and mother also dealt with the virus.Andrew Boselli says he’s looking forward to being around fellow students and teammates again but added a word of caution by writing “the only way for that to happen is listen to the experts and follow their guidance.”___Turkmenistan is set to restart its suspended soccer league amid the coronavirus pandemic.The Central Asian nation will become part of a small group of countries around the world where professional soccer is being played despite the virus outbreak. That includes the former Soviet nations of Belarus and Tajikistan, as well as Burundi and Nicaragua.