How to Make the Case for Social Media

first_img Remember: This isn’t a crusade, it’s a learning experience for everyone. Make sure there IS a good case for your initiative and if it does fail, share and learn from what went wrong. There is no shame in gaining knowledge from mistakes – for you, or your boss. 1. Change the subject. If you’re having a debate over the value of social media, you’re having the wrong discussion. The discussion should be about your organization’s goals – with social media being the means, not the end. 2. Make it about what your boss already wants. Don’t position your idea as a social media initiative; frame it as your initiative to support your boss’s goals, in your boss’s language. Is donor retention a big concern for your Executive Director? Highlight how social media can help keep donors engaged. Does your board want more success stories to showcase? Underscore how social media can help make that happen. 3. Make it about the audience. A good way to depersonalize the debate over social media is to make it about your target audience’s preferences rather than a philosophical tug of war between you and said boss. 4. Sign your boss up to listen.Set up Google Alerts and TweetBeep (email alerts for Twitter mentions) for your boss, so she or he can see that there are already many discussions about your organization happening online. Once this apparent, two things are likely to happen. First, it will become clear that your organization no longer controls your message online – so worrying about social media causing a lack of control is not worth fearing. That day is already here. Second, it will be hard not to want to join those conversations online – which is what social engagement is all about. 5. Set some ground rules. Set a social media policy for your organization, so it’s clear how to respond to what you’re hearing – and what types of initiatives have internal support. 6. Start small. If you’re going to start a social media initiative, start small. Pinpoint where your supporters are and branch out from there. You don’t have to be an overnight social media expert – you just need to be a part of the conversations about your cause. 7. Set a clear goal.Just as with any other marketing effort, establish a specific, measurable goal so you can identify success. 8. Measure and report.Once you’ve identified your approach and have set a goal, ensure that you can track and measure your progress. Most social media platforms have built-in analytics and you can also track Web traffic back to your site through Google Analytics. Be sure to tie your results back to your social media efforts where possible with careful tracking. (This could mean using tracking codes on your donation pages, Google campaign tags or landing pages created specifically for your social media outreach.) Share every little bit of progress and give your boss credit for it! It’s clear that social media is an effective channel for establishing your nonprofit’s brand identity, championing your cause and engaging with current and would-be supporters. So, how do you make sure your organization is on board — especially your boss, executive director or board members? Here are eight tips for making the case for your next social media initiative: center_img Photo Source: Big Stock Photo Adapted from Nonprofit Marketing Blog.last_img read more

The most important holiday for all fundraisers

first_imgThanks to the most-photogenic NFGers for reminding us why it’s important to #beyourdonor on October 24th!Network for Good’s favorite holiday is this month. Although we do love Halloween, October 24this Be Your Donor Day and the reason why we celebrate big this month! Sometimes fundraisers are so caught up in the day to day that we forget how important our donors are to our organization’s success. Without understanding how our donors interact with our organization, what the donation process looks like from a donors’ point of view, and how donors are thanked for their gift, we can’t do much to improve (or overhaul!) the process.It takes more effort to bring in a new donor than to retain an existing donor. Once a donor starts a relationship with your organization, do your best to ensure that donor has a positive experience. That’s why we want all fundraisers to join in and celebrate this very important holiday. Block out some time on October 24th and do an audit of your donor communication. Make sure your all your fundraising activities are donor-centric. Don’t know where to start? Here are some ideas:· Your home page’s Donate Now button should take less than 5 seconds to locate and donors shouldn’t have to make more than one click to get to your donation page. · Thank you letters should talk less about how much your organization does and should instead talk more about what a donor’s gifts does. · Your organization’s contact information should be easy to find on your website, letterhead, emails, and gift receipts. And when a donor does call, promptly answer questions.We recommend you download our complete Be Your Donor Day checklist and check out all your fundraising activities for “donor-centricness”. Be your donor on October 24th and be your organization’s fundraising superhero!last_img read more

Lessons from N4G’s top #GivingTuesday performers

first_imgEncouraged donors to give generously and repeatedly through the day when the “win” was in sightSent a thank you email Wednesday morning announcing the win and encouraging those that did not participate to consider giving. This outreach produced their second best day ever.Most Recurring Donors: Wildlife SOSIndia’s wildlife is under severe threat – every animal from the majestic elephant and the tiger, to the shy sloth bear and rare pangolins are being hunted. Wildlife SOS actively works towards protecting Indian wildlife, conserving habitat, studying biodiversity, conducting research, and creating alternative and sustainable livelihoods for former poacher communities.Wildlife SOS did not focus explicitly on a #GivingTuesday campaign, rather they viewed #GivingTuesday as part of their year-end fundraising. Their success in the N4G Gives campaign is a particularly powerful demonstration of the impact of #GivingTuesday. Donors are inspired be part of the movement and will seek out organizations to support – sometimes, even when they are not asked specifically.What we learned from Wildlife SOS is that the building blocks they put in place all year round pay dividends. One of those building blocks was an emphasis on recurring, or sustaining, givers.Key TacticsWildlife SOS believes in strategies focused on creating lifelong supporters. Year-round they focus on animal sponsorships for monthly donors and feel like this gives people a tangible connection to their donation. Having the building blocks in place and then capitalizing on big events means they’re not scrambling on days like #GivingTuesday and at year-end.Make this #GivingTuesday your best yet! Kick off your year-end fundraising with our tools, training and matching funds. It doesn’t matter if your organization has 2 staff members or 200, you can raise money on #GivingTuesday and we can help.Free #GivingTuesday resources are available to all nonprofits through Network for Good’s All TUEgether campaign. Network for Good customers can leverage matching funds for all donations made on December 1, 2015. Plus, customers have access to expert coaching, new donors, and exclusive resources to help plan a stellar #GivingTuesday campaign.Not a Network for Good customer yet? No problem. Sign up for a demo and find out how easy it is to raise money online. Get ready to have your best giving season ever. Created a visual “badge” for all #GivingTuesday communicationsChanged website header and homepage, and published a post about #GivingTuesdayAsked a corporate supporter to provide a match on first $20k raisedSent their first email on the Monday of Thanksgiving weekLaunched their big push on 12/1:Sent email announcing matching fundsLaunched #GivingTuesday branded donation pageAsked supporters to take #UNselfies and share #GivingTuesday has arrivedOn December 2, nonprofits and donors came together in an inspiring day of generosity. Millions of dollars were raised to fuel the good work of nonprofits all over the world.Network for Good hosted a special campaign, N4G Gives, focused on equipping nonprofits with the tools and knowledge for #GivingTuesday success. The N4G Gives campaign provided free #GivingTuesday resources to the entire nonprofit community and special training and matching funds to nonprofits using DonateNow, our online giving platform. In addition to matching funds, we also recognized the leaders in 10 fundraising categories with special awards.The most exciting validation of the value of #GivingTuesday is reflected in the experience of the “winners” of Network for Good’s N4G Gives campaign. They are large and small. Some planned for months, and some started the day before. Some have large staff teams, and some are staffed exclusively by volunteers.The common thread across all the winners was their determination to activate their passionate supporters and advocates to both give and inspire others, and to create a sense of excitement and urgency under the umbrella of #GivingTuesday.And the winner is…Most Dollars Raised: Alameda County Community Food Bank, Oakland California (ACCFB)Alameda County Community Food Bank is on a mission to end food insecurity in Alameda County, California. In 2014, the Food Bank distributed 25 million meals – more than half of the food was fresh fruits and vegetables.Their big vision can only be realized with strong donor support, and ACCFB inspired people to donate more than $100,000 (online and offline) on #GivingTuesday.Key tacticsAfter watching the progress of the #GivingTuesday movement in 2013, the team at ACCFB decided to go “all out” in 2014. They pursued a multi-channel approach including email, website, digital ads, and social. Planning started about six weeks before #GivingTuesday, but activation went into high gear during Thanksgiving week.Key elements Most Donors: Middle East Cultural and Charitable Society (Electronic Intifada)The Middle East Cultural and Charitable Society’s #GivingTuesday campaign raised funds for The Electronic Intifada, its award-winning online news publication focusing on Palestine, its people, politics, culture, and place in the world. As a nonprofit digital publication, The Electronic Intifada relies on readers and supporters to provide the funding for its investigative journalism, news, and analysis.Key TacticsMECCS used #GivingTuesday as part of its already planned year-end campaign. The campaign’s focus was to activate new donors by emphasizing the N4G Gives matching funds, and the potential to ‘win’ bonus dollars through the N4G Gives special challenges. The friendly competition inspired by the leaderboards was very motivating to their audience.Key ElementsDeployed three emails on #GivingTuesdayFirst email laid out the opportunity to receive bonus and matching fundsSecond and third emails were sent throughout the day to build excitement as they rose up the leaderboard.center_img Added a homepage popup window asking visitors to donate nowPushed social media outreachLaunched #GivingTuesday branded retargeting ads Rallied on #GivingTuesday:last_img read more

Nonprofit Love: A Music Playlist to Inspire You

first_imgSometimes nonprofit fundraisers and marketers need to take a deep breath and then…rock out. Ok maybe not “rock out,” but listening to music can help spark creativity, help you relax, or pump you up. I reached out to some of my nonprofit friends on Twitter and asked them what they listen to at work to get them “in the zone.” You can see who contributed song ideas in this Storify. Nonprofit Pros! Share with me: what’s your fave song to get you in the “zone” at work?— Liz Ragland (@lizragland) July 28, 2015 The responses were varied: some prefer quiet background music, others want something a little more groovy or fast paced. Whatever your music tastes might be, I think you’ll enjoy the playlist we crafted just for you! Ladies and gentlemen, meet the Nonprofit Love playlist. Thanks to everyone who answered my call for suggestions!last_img read more

Developing World Gains Open Access to Science Research, but Hurdles Remain

first_imgPosted on November 2, 2012August 15, 2016Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to email this to a friend (Opens in new window)Click to print (Opens in new window)Recently, the Guardian’s Global Development Network posted an article, Developing world gains open access to science research, but hurdles remain, that describes the rise in commitments from various groups to ensure that their research is openly accessible to all. The article also explores the many persistent barriers to increasing open access publications around the world.From the story:These are heady days for supporters of open access (OA), who argue that the results of publicly-funded research should be made freely available to all, not just those who can afford subscriptions to the scientific journals in which they are published.Earlier this year, the World Bank announced that it would adopt an open access policy for all its research outputs and “knowledge products”, which will be entered into a central repository to be made freely accessible on the internet.Last month, the British government said that, in future, it will require all the research it funds in British universities to be made openly accessible, with authors paying publishers a fee (funded out of research grants) to make this possible – a position already adopted by the influential Wellcome Trust. The move was rapidly followed by an announcement from the European commission that the same rule will apply to all commission-funded research.The UK’s Department of International Development recently announced all its research will be made freely available. And publishers such as BioMed Central are pioneering open access journals in developing regions such as Africa.Read the full story here.Share this: ShareEmailPrint To learn more, read:last_img read more

Join the Live Webcast for Putting Mothers and Babies First

first_imgPosted on February 18, 2015August 10, 2016Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to email this to a friend (Opens in new window)Click to print (Opens in new window)Thursday, February 26, 2015, 12:30-1:30pm ESTThe Leadership Studio, 10th Floor Kresge Building, 677 Huntington Ave., BostonJoin us with The Forum at the Harvard T.H. Chan School of Public Health for Putting Mothers and Babies First: Benefits across a lifetime – a panel discussion presented in collaboration with The GroundTruth Project and GlobalPost.One of the smartest investments a society can make is to foster the health and education of its mothers. Healthy mothers raise healthier children, which boosts the productivity and stability of communities and economies. Yet, maternal mortality remains a terrible and disproportionate reality, particularly in developing countries, where 99 percent of all maternal deaths occur. These deaths put the lives of infants and older children at risk. Traditional approaches address the needs of mothers and children separately, but growing efforts are breaking down those silos — embracing the continuum of mother and child health in the hopes of providing more effective care and resources. The hoped-for result? Health benefits to mothers, children and their families across their lifetimes.This Forum event will explore how to achieve those benefits, including providing basic care such as vaccinations, and how societies stand to thrive as a result. The panel will be moderated by Marissa Miley, Deputy Editor of Global Health for The GroundTruth Project, and includes the following experts:Ana Langer: Professor of the Practice of Public Health and Director of the Women and Health Initiative and Maternal Health Task Force, Harvard T.H. Chan School of Public HealthAlicia Yamin: Director, Program on Health Rights of Women and Children, François-Xavier Bagnoud Center for Health and Human Rights, Harvard T.H. Chan School of Public HealthJoy Riggs-Perla: Director, Saving Newborn Lives, Save the ChildrenKirsten Gagnaire: Executive Director of the Mobile Alliance for Maternal ActionTune in for the live webcast by visiting the The Forum event page. Also follow and join the conversation by using #mothersbabiesfirst and following @ForumHSPH and @MHTF on Twitter.E-mail questions for the expert participants any time before or during the live webcast to theforum@hsph.harvard.edu, the Community Discussion page, or Tweet them to @ForumHSPH using #mothersbabiesfirst.Share this: ShareEmailPrint To learn more, read:last_img read more

How Technology is Changing Fundraising: Q&A with CEO Bill Strathmann

first_imgMediaplanet recently interviewed Network for Good CEO, Bill Strathmann, for a supplement in USA Today. The series, Empowering Nonprofits, included a piece titled “Experts on How Technology Is Changing the Future of Fundraising,” featuring five leaders using technology to level the fundraising playing field for small nonprofits. You can read the full feature here but we wanted to share some of Bill’s answers directly with you.How has technology changed fundraising?Technology has leveled the fundraising playing field for small nonprofits who make up the vast majority of the sector…more than a million of them. To reach donors, direct mail was unaffordable, to fundraise online ecommerce was inaccessible, and to spread awareness social media was incomprehensible. Now, small nonprofits can manage donors with advanced technology that doesn’t require an advanced technology degree. Even companies like Facebook and Google have incorporated fundraising technology that empowers any consumer to fundraise for any charity…instantly. The small nonprofit has arrived.Where do you see nonprofit technology in the next 5-10 years?In the U.S., 75% of giving comes from individuals. That will continue, but the Gen X and Millennial generations will soon replace Boomers as the primary fundraising source, as Millennials (now already 22-38 years old) enter their income-generating years and as the $30T great wealth transfer begins. That means fundraising will be all about digital engagement and will follow the changes in consumer engagement we are already seeing today…the expectation, at your finger tips, for easy experiences, transparency, real-time communication, and tangible results/impact that can be celebrated virally. As a result, donor-nonprofit relationships will also shift to more “subscription” model programs and fewer “one-off” experiences…if nonprofits get it right.What is your best advice for a nonprofit looking to upscale their fundraising impact?Change your perspective. Netflix, Amazon, and Apple have changed consumer behavior to expect instant, curated, and relevant content that can be accessed anywhere at any time. For nonprofits those are tough expectations to match unless they shift their perspective such that nonprofits reframe the donor-nonprofit relationship from treating donors like ATM machines to serving donors with stories and content that provides compelling evidence of impact and rewards donors emotionally for their financial contribution. Donors are consumers and will pay and stay…as long as they continue to see and feel value from their contribution.What are some of the most important functions of technology for nonprofits?Data management is the most all-encompassing and important function of technology for nonprofits, especially now with cloud-based solutions that make accessibility unlimited, visualization understandable, storage costs nominal, and using it easy. The two functions that are runner-ups are marketing and communications automation and payments. Nonprofits need to be able to reach their people, tell their stories, and share their impact. And when it comes to payments, nonprofits do not have cash registers…and checks are going the way of the Dodo.What is the biggest advantage of technology for the nonprofit sector?I can’t choose one. I’ll name three. Efficiency. Reach. Data.Read more on The Nonprofit Bloglast_img read more

NFG Staff Profile: Lenny Wrigley

first_imgFrom an internship at an LGBTQ nonprofit to his time on staff at an animal rescue organization, and now with Network for Good, Lenny Wrigley has lived the day-to-day of nonprofits for the past six years. In his role as customer success specialist, Lenny serves as a guide for many nonprofits as they join the Network for Good family.“Nonprofits are what makes the world go ‘round. They’re how we get change in the world. There are a lot of people who are scared of change, even in nonprofits, but change is a good thing. That’s what nonprofits are trying to accomplish. At Network for Good, I get to be part of that process of change with a wide range of nonprofits, from animal rights to religious rights to gender identity and sexual orientation rights. It’s a full spectrum. It feels good to help. Change and challenge is what we need in the world.”Q&A with Lenny Wrigley, Customer Success SpecialistWhat do you do at Network for Good?I work with nonprofits during their first 90 days with Network for Good, getting them up and running smoothly in the system and teaching them the tools and best practices.I currently work with about 100 nonprofits. I love directing and coaching them and seeing their growth. I enjoy sharing different issues other nonprofits have had and how to get ahead of the problem with our software. I’m a very proactive person, so I like teaching them how to avoid certain habits.What is your experience with nonprofit organizations?I interned for a semester with the Family Equality Council on their communications team, helping with their website, writing blog posts, and contacting their members to participate in different articles and activities.After that, I worked at the Humane Rescue Alliance, interviewing people who needed to surrender their dogs, discussing their different options, and providing resources. With a job like that—when you’re dealing with the life and death of an animal—when it’s rewarding, it can bring you to tears. At the same time, when it’s not rewarding it has the exact same result. I have a lot of respect for anyone who works at a rescue organization.What is your favorite thing to do when you’re not at work?I’m in school right now, studying behavioral science and religion, and then I start seminary school in June, so that keeps me very busy. I love to read books. I recently read UnClobber: Rethinking Our Misuse of the Bible on Homosexuality, which looks at the different scriptures that have been used against the LGBTQ community and how they’ve been taken so out of context that they’re not the same scriptures that they were thousands of years ago.I’m also a fan of hopelessly romantic stories like Me Before You and Nicholas Sparks’ books; self-help and positive psychology books; and the Harry Potter series. This past Christmas I read Becoming by Michelle Obama. I love to be in a library or book store and just read books all day and not have to worry about anything else. I wasn’t like that as a kid. I wouldn’t pick up a book as a kid.Lightning RoundDream vacation? IsraelMost recent book read? Torn by Justin LeeLast movie seen in movie theater? The Best of EnemiesYour theme song? Anything by Taylor Swift!Favorite color? PurpleRead more on The Nonprofit Bloglast_img read more

EC announces dates Delhi goes to polls on May 12

first_imgNew Delhi: The Election Commission on Sunday announced that Delhi will go to polls on May 12 in the sixth phase of the 2019 Lok Sabha elections. However, all the eyes will be set on May 23 when the votes will be counted. The last general elections in 2014 were held in nine phases and residents of the National Capital Territory cast their votes during the third phase on April 10.With the Model Code of Conduct coming into play, the regulatory body also announced that advertising restrictions set out in the Election Manual are to include social media platforms. Also Read – Bangla Sahib Gurudwara bans use of all types of plastic itemsBharatiya Janata Party, Aam Aadmi Party, Bahujan Samajwadi Party and Congress had fielded their candidates on all seven Lok Sabha seats in 2014. All India Trinamool Congress fought on five seats. The BJP took over all the seven constituencies in Delhi, electing Parvesh Verma, Udit Raj, Maheish Girri, Manoj Tiwari, Ramesh Bidhuri, Meenakshi Lekhi, and Harsh Vardhan to the Lower House. AAP has already announced six of its candidates for the Delhi seats, except West Delhi constituency for the 2019 Lok Sabha polls. Following the tradition of disclosing candidate lists in the last minute, BJP has not yet come out with their list of candidates. No other party has as of now announced their candidates for the capital city fight. Also Read – After eight years, businessman arrested for kidnap & murderIn a tweet after the EC announcement, Arvind Kejriwal said: “Ultimately back to We the people -the real power of our democracy. Time to throw out the most dictatorial and anti-federal govt in the history of India. Time to seek answers on demonetisation, jobs, destruction of traders n destroying brotherhood amongst different communities.” In order to ensure safe and fair elections, the Election Cell of Delhi Police has made provisions for DCPs in all districts to review arms licence holders and criminal records in their respective jurisdictions if necessary. They will also be tracking illegal cash transactions or any distribution of illegal liquor or any other items suspected to influence the voters. In addition, the police might also be having as many as 178 flying squads to keep tabs during the polls in Delhi. Police sources have also told the Millennium Post that district DCPs have asked concerned ACPs and SHOs to conduct a thorough verification of election booths and submit the report to them as soon as possible.last_img read more

Palestinian groups retaliate Israeli attacks on Gaza

first_imgGAZA CITY – Military wing of the Popular Resistance Movement and armed wing of the Popular Front for the Liberation of Palestine respond to deadly Israeli attacks on the Gaza Strip.Two Palestinian groups on Friday claimed responsibility for firing rockets and mortar shells against Israeli forces in response to deadly attacks on the Gaza Strip.The Nasser Salah al-Din Brigades, the military wing of the Popular Resistance Movement, said that its fighters fired two rockets toward the Kissufim military site and Benery settlements near Gaza.The Abu Ali Mustafa Brigades, the armed wing of the Popular Front for the Liberation of Palestine (PFLP), said it fired six mortar shells toward Israeli tanks east of Khan Younis in southern Gaza.The attacks came shortly after four members of the Ezzeddin al-Qassam Brigades, the armed wing of Hamas, were killed in Israeli attacks in Gaza since Thursday.Three Qassam members, including a senior commander, were killed in the small hours of Friday in an Israeli raid in eastern Gaza.The strike came shortly after another Qassam member was killed in an Israeli artillery shelling in eastern Gaza.Meanwhile, five Israeli soldiers were injured in an explosion during an operation to destroy an underground tunnel with the Gaza Strip.An explosive device exploded late Thursday as engineering Corps soldiers were destroying an underground tunnel that was discovered a month ago, according to Israeli media.According to Israeli Channel 10, the Israeli army settled new batteries of the Iron Dome system on the eastern border of the Gaza Strip.Last November, Israel signed an Egypt-brokered ceasefire with Gaza-based Palestinian groups following eight days of unrelenting Israeli raids on the strip that left 190 Palestinians dead and more than 1,500 injured.last_img read more

Statheads Are The Best Free Agent Bargains In Baseball

TBA4365+51.2 DET4044+10.0 It’s getting more and more crowded on baseball’s bleeding edge. As sabermetrics has expanded to swallow new disciplines and data sets,1The data generated by a single game has gone from mega- to gigabytes, with terabytes sure to follow before long. the number of quantitative analysts in MLB front offices has multiplied to keep up, producing an army of number crunchers, modelers and decision scientists who would have seemed out of place at the ballpark even a decade ago.Because we, too, are statheads at heart, we’ve mined the data and charted the proliferation of these numbers-savvy front-office staffers over time. Yes, there are more of them now than ever, and yes, they’ve had a demonstrable effect on their teams’ fortunes. But contrary to the “Moneyball”-era hand-wringing about battles between scouts and statheads, their rise hasn’t come at the expense of old-school analysis. Rather, the two main points of contention are how much the “Moneyball” mindset has spread from the game’s most frugal teams to the richest ones; and why the front-office hiring boom hasn’t helped its gender diversity.You’re gonna need a bigger budgetTo track the expansion of baseball’s R&D departments, we took three snapshots of MLB staffs by studying cached online directories and team media guides from 2016, 2012 and 2009 — the first year for which media guides are widely available from MLBpressbox.com — and consulting with current and former front-office employees. We limited our sample to full-time employees (sorry, interns and consultants),2Disclosure: One of this article’s authors, Rob Arthur, works as a statistical consultant for the Toronto Blue Jays. and tried to maintain a consistent, fairly strict definition of what constitutes a quant: a “baseball operations” employee who spends a majority of his or her work hours either directing a quantitative department or doing statistical research, data processing or programming to support the team’s analytical efforts.Naturally, our task occasionally required some informed speculation. “Analytics” and “analyst” are slippery terms, particularly because most front-office employees are multitaskers who contribute to more than one department. Many teams are also guarded in how they describe (or don’t describe) their employees’ roles and responsibilities. But even with all those caveats, we’re confident that we’ve arrived at a roughly accurate accounting of MLB’s quant army.And our numbers reveal that baseball’s analytical arms race is proceeding at a pace only slightly slower than Moore’s law. Although the analytical gold rush began before the period we examined, hiring has accelerated at an almost exponential rate over the last few years. In 2009, the first season of our sample — which was several years after “Moneyball” became a best-seller — a total of 44 team employees fit our “quant” definition, and at least a third of teams had yet to assign a single full-time employee primarily to statistical work. By 2012, the number had climbed to 75, and only four teams had no quants. Four years after that, the analyst count has more than doubled again, to 156, and nowadays no team operates without some semblance of an R&D department. 3Only one of those departments — perhaps predictably, the tightfisted Miami Marlins — is still a solo act. MIL3848+26.3 ATL3246+43.8 KCA3647+30.6 SDN3655+52.8 TOR3858+52.6 WAS2847+67.9% ARI4161+48.8 CIN4665+41.3 TEX3849+28.9 NUMBER OF FULL-TIME SCOUTING PERSONNEL MIN3546+31.4 LAD4361+41.9 OAK3840+5.3 CLE4148+17.1 SourceS: MLB, VARIOUS TEAM MEDIA GUIDES SEA6762-7.5 Nor is there any indication that we’re approaching a plateau. A number of teams told us they expected to add more analysts soon; we’re aware of at least 12 open positions across MLB. And because the litany of prerequisite degrees and programming languages seems to grow with each listing, it seems certain that the average analyst also has a more impressive résumé today than in the past.To the statheads went the spoilsThe biggest benefits of buying into objective analysis were probably reaped around the time “Moneyball” was published, when a lot of the low-hanging fruit was still attached to baseball’s most rigid branches. Simple lessons such as “on-base percentage matters more than batting average” still eluded many front offices, and numerous talented analysts whose work would later be exclusive to one team were still posting their insights publicly on message boards or sites such as Baseball Prospectus.Even though some of the initial rewards had already been realized by 2009, there were still significant gains to be made by semi-early adopters. To measure them, we built a model estimating how good a team was before its front-office hires, using the following factors for each team: its winning percentages over the previous three seasons, its payroll and market size and its Baseball America farm-system ranking. Using these variables, we generated an expected winning percentage for each team over the following three seasons, beginning with the two historical years for which we had analyst counts (2009 and 2012).The takeaway: It paid to invest in analytics early. Teams with at least one analyst in 2009 outperformed their expected winning percentage4As predicted by the model. by 44 percentage points over the 2012-14 period, relative to teams who didn’t — an enormous effect, equivalent to more than seven extra wins per season. That might be overstating things a bit — the precise advantage varies depending on how the analysis is structured — but over most permutations of the model we tried,5Including using different thresholds (by number of analysts) to determine a team’s analytical buy-in, and different periods of time upon which to judge a team’s on-field output. the effect was consistently stronger than two wins per season, particularly for the earliest-adopting teams, which got a head start by implementing analytics before 2009.Perhaps we shouldn’t be surprised that sabermetrics conferred such a first-mover advantage. As a thought experiment, let’s assume the typical modern analytics department contains five people (156 staffers leaguewide, divided by 30 teams). If the two most senior members of the department earn $100,000 a year and the remaining members make half that, the yearly price would come to $350,000. Putting aside overhead costs,6Which, admittedly, can be quite large (i.e., in the millions) for some front offices. But even with multi-million dollar overhead costs, the total price of an analytics department wouldn’t approach most free-agent player contracts of similar value. that outlay still lags behind the MLB’s minimum salary for a single player — chump change in a sport where the average franchise is valued at 10 figures.For such a relatively small expenditure on analysts, even the minimum estimate of two extra wins per year would represent a return roughly 30 times as efficient as spending the same amount on the free-agent market. (It would be like the Chicago Cubs signing outfielder Dexter Fowler not for the $13 million he’s actually making but for what it would take to pay a player who just made his big-league debut.) At that rate, there’s plenty of room for front-office inflation to continue before teams run into diminishing returns.The rich are getting smarterAlthough the big-budget Boston Red Sox were also one of the first teams to demonstrate that an analytics department could help win a World Series,7Boston may have even been the first to win with a dedicated analytics staff, though it’s also worth noting that the Oakland A’s won in 1989 with early sabermetric consulting from Eric Walker. a number of low-payroll, small-market teams — including not only the Moneyball A’s, but also the Rays, Indians, Padres and Pirates — were among the first to form quantitative departments and develop systems to house and display statistical data. It made sense: The more pressing a team’s financial imperative to stretch every dollar and wring out every win, the more likely it was to try a new approach.But that’s no longer true. Although the Rays, who rank 29th in payroll this season, continue to occupy the R&D pole position with a still expanding department of almost 20 statheads — fortunately, Tropicana Field has plenty of quiet, climate-controlled workspace to spare — baseball’s “haves” are no longer have-nots when it comes to statistical expertise. In both 2009 and 2012, teams with low-ranking payrolls tended to employ more analysts. But in 2016, the balance of analytical buy-in shifts toward big spenders, which might explain why the Rays are having a harder time separating their on-field performance from the pack.Not only are wealthy teams capable of outspending competitors for free-agent players, but they’ve also become more willing to outbid them for brains. The sport’s two heaviest hitters by payroll, the Yankees and Dodgers, are also the only teams aside from the Rays whose R&D departments have double-digit head counts.In addition to hiring a large crew of new number crunchers and programmers, the Dodgers have plundered talent from other franchises’ front offices, absorbing not only the former general managers of the Rays (Andrew Friedman), Padres (Josh Byrnes) and Blue Jays (Alex Anthopoulos), but also a former A’s assistant GM, Farhan Zaidi, who joined Oakland as an analyst because “Moneyball” made him want to work in baseball. In particular, LA’s brain trust has devoted its efforts to preserving player health, which Billy Beane has publicly labeled the sport’s most glaring inefficiency. In their quest to curtail injuries, the Dodgers have invested in both computerized systems and human know-how, as well as seeding a sports-oriented startup incubation program.Stats haven’t killed the scouting starIn the factious days after “Moneyball” was published, the book was often characterized as a prophecy of scouting’s coming extinction. That interpretation was mostly off base, but one passage did strongly imply that the competition for front-office positions was a zero-sum game. In a postscript titled “Inside Baseball’s Religious War,” which appeared in later editions, Michael Lewis wrote that “[J.P.] Ricciardi, the new [Blue Jays] GM, had done what every enlightened GM will eventually do: fire a lot of scouts, hire someone comfortable with statistical analysis … and begin to trade for value, ruthlessly.”Lewis’s postscript looks ironic in retrospect, for multiple reasons. The deputy he describes as “someone comfortable with statistical analysis” was Keith Law, who has since become ESPN’s lead prospect analyst and spends much of his time scouting players. Moreover, Ricciardi himself was fired in 2009 and replaced by Anthopoulos, who almost immediately embarked on a scout-hiring spree — and shepherded Toronto to more success than it had ever enjoyed under his predecessor.8Anthopoulos left the Blue Jays for the Dodgers after the 2015 season. Even Beane’s stat-inclined sidekick, Paul DePodesta, later became vice president of player development and scouting for the Mets before switching sports earlier this year. BAL3432-5.9 STL3944+12.8 CHC5160+17.6 NYM5246-11.5 PHI33330.0 CHW3246+43.8 TEAM20092016%CHANGE BOS5971+20.3 NYY4574+64.4 HOU5552-5.5 SFN5956-5.1 COL3644+22.2 ANA3448+41.2 PIT3948+23.1 MIA3843+13.2 Scouting staffs are also on the rise In fact, the recent expansion of analytics staffing doesn’t seem to have squeezed out other kinds of employees. By our count, big-league teams employed 1,246 full-time scouts in the first year of our sample,9Which in most cases dates back to 2009, except for the few teams whose 2009 media guides don’t have accessible scouting sections. In those cases, we used 2010 data. across all levels and specialties — pro, amateur, advance and international. This year’s media guides list 1,539 scouts — an average increase of almost 10 per team. Only five teams employ fewer scouts than they did in 2009, and of those, four were previously among the top five scout employers. No team has downsized by more than six total scouts or 12 percent of its previous force.Although the increased ability to access information remotely may have made some advance and pro scouts redundant — or transferred their responsibilities to new, stay-at-home scouts who prep for opponents using a combination of stats and video — any modest downsizing in those areas has been more than offset by increased amateur and international coverage. For instance, the Rays — who also devote a massive head count to scouting, trailing only the Yankees and Red Sox — assign dedicated scouts to 12 countries outside the U.S., some of which haven’t historically been baseball hotbeds.10Including Curacao, Germany, the Czech Republic and Brazil, where they’re trying to build an academy. No scouting position is permanent, but our survey uncovered scant evidence to back up claims that teams are treating scouts as obsolete relics. If anything, smart teams have learned to treat scouting grades as statistical data that can improve upon purely numbers-based evaluations, making the two perspectives even more tightly intertwined.Given baseball’s burgeoning economy, it’s only logical that additional jobs for statheads haven’t come at scouts’ expense. Ever-rising broadcast rights and franchise valuations have caused revenue to skyrocket, and the profit has to go somewhere besides under owners’ mattresses. As revenue sharing, luxury taxes, and limits on amateur and international spending lower the ceiling on some forms of spending and shrink the payroll gaps between teams, the best option for a cash-flush club is to direct dollars away from the field. Beefing up front-office infrastructure makes acquiring, storing and applying information easier, and it allows teams to get more bang for the bucks they’re allowed to spend.That said, there are still places where analytics hiring has a lot of room to improve. Out of 190 analysts who appeared on our list at least once, only five were female, and only three of those women are still active. Granted, the gender imbalance in baseball ops is actually less lopsided on the R&D side than in scouting, where women are even scarcer. But high-level playing experience is far from a prerequisite in R&D roles, which tells us either that teams are having trouble attracting female applicants or that they’re overlooking the qualified candidates who do apply. As Zaidi, who has since hired one of the three active female analysts, put it last year: “If I’m going to put my geek cap on, it’s a statistical impossibility … that the best candidate for every position in baseball is a middle-aged Caucasian male.”Of course, baseball’s broadcast bubble might eventually burst, reversing the rise in revenue and forcing teams to economize. In that event, some would likely decide that stats, video and tracking systems such as Statcast and Kinetrax make scouting positions expendable, although they would probably also slash the budgets and support for their R&D staffs. Barring that type of catastrophe, though, baseball’s front-office hiring boom is unlikely to slow any time soon, since the rapid ascendance of baseball’s new school hasn’t made many teams think “out with the old.” Instead, teams have learned to synthesize information from multiple sources; even the supposedly sabermetrics-defying Kansas City Royals were aided by a talented analytics department en route to their World Series victory last season. When it comes to the search for front-office smarts, all signs still say “help wanted.”Check out our latest MLB predictions. read more

Leicester Citys Stunning Rise In Two Charts

But Leicester’s rise is especially remarkable in the modern Premier League era. A deluge of money into the league has led to increasing inequality and stratification among teams with cash to burn and those without, which makes a rise of this sort into a billion-dollar-Powerball, Donald Trump-is-the-GOP-nominee-level outlier. Even still, Leicester’s wage bill this season was relatively low. The club spent only 48.2 million pounds on wages, fourth-least in the Premier League. Manchester United has spent more money on new players in the last two years than Leicester has spent in the 132 years it’s existed.Leicester’s title is being trumpeted as “the most unlikely feat in sport history.” Unlikely? Absolutely. Leicester’s rise has been exceptional, no question, and all the more impressive in a climate where dollars, like heat, tend to rise to the top of the table. But unprecedented? No. English football, with its meritocratic system of promotion and relegation, at least makes Cinderella runs like Leicester’s possible — but there hadn’t been a ball in quite some time. Champions tend to come from the top of the previous year’s table. Until this season, every team that has won the title in the Premier League era (which began with the 1992-93 season) finished no worse than third in the Premier League the year before. Of the 70 top-tier league championships since World War II, only six were won by teams that did not finish in the top half of the division the year before. Three times, teams promoted from the second tier went on to win the top tier the next season (Tottenham in 1951, Ipswich in 1962 and Nottingham Forest in 1978). And three winners had finished in the bottom half the year before — Arsenal were 12th in 1969-70 and 13th in 1946-47, and Manchester City finished 15th in 1966-67.Last year, Leicester finished 14th out of 20. They averaged just 1.08 points per game (a win is three, a draw one, a loss zero) and were in last place as late as April. Coming into this season, there was no indication of a turnaround, and most predicted that Leicester would be relegated — demoted to the second tier of the English system.Team manager Nigel Pearson had just been fired, and the club had lost its best midfielder, Esteban Cambiasso. The likable Claudio Ranieri took charge, but he had never won a league title before, and his most recent job was a disastrous spell in charge of the Greek national team, overseeing the squad’s embarrassing losses to the Faroe Islands. Leicester had no marquee stars. The Leicester team was a blend of aging players who had spent most of their careers in the lower leagues and overseas players from lower-level foreign leagues. Famously, its leading scorer and this year’s Football Writers’ Player of the Year, Jamie Vardy, was playing non-league football just four years ago.Even family members of current Leicester players claimed greater success than the whole team. Peter Schmeichel, the father of Leicester goalie Kasper Schmeichel, had more Premier League hardware (five titles) than the entire squad combined (31-year-old Robert Huth and 43-year-old backup goalie Mark Schwarzer both won with Chelsea in minor playing roles).But something magical happened. Leicester started winning, and kept winning. This season, Leicester has been averaging 2.14 points per game. It’s the single biggest year-over-year increase for a league champ since World War II.3Three teams — Spurs in 1951, Ipswich Town in 1962 and Nottingham Forest in 1978 — won the league after being promoted from the lower tier the year before. Points in this analysis are calculated with a win worth three points and a draw one point, the system introduced in the 1981-82 season.But this amazing change in fortune really began years earlier, in the 2008-09 season, when Leicester were dwelling in the lower, far less glamorous third tier of the English football pyramid, known as League One.Since World War II, only one team — Ipswich Town, the 1962 top-flight champs — has had such a long climb over seven years to win the league title. And no team aside from Ipswich then and Leicester now has climbed two tiers so quickly before winning the title.In the chart below are the seven-year histories leading up to every top-flight English football championship since World War II. Only eight times from 1950 through 1980, and only twice from 1981 through 1995, had a team risen from a lower tier in the seven years before to claim the title. It’s been a good nine months for Leicester City Football Club. So good that on Monday the team overcame 5,000-to-1 preseason odds to clinch the Premier League title — its first. Forbes reports that the title is worth more than $100 million to the club, and it’s been nothing short of magic for the club’s fans in that otherwise “unglamorous city” in the Midlands of England.For a long time, it’s been received wisdom that no team outside of a “Big Four” — Arsenal, Chelsea, Manchester City and Manchester United in its current iteration — has any real hope of a league title. The very few exceptions only helped bolster the rule. In the mid-1990s, Blackburn Rovers, bankrolled by local steel magnate Jack Walker, were promoted from the second tier and then took the title in 1995. Since then, only two other teams outside that quartet — Newcastle United and Liverpool — have managed to finish as high as runners-up in the 20-team field.1This year’s runner-up hasn’t been determined.And upsetting the logjam at the top of the league table is only getting harder. In recent years, only five or six teams have tended to find themselves in the Premier League’s top four at season’s end. Here’s the rolling number of unique top-four teams seen in the preceding five years:2The charts, and many of the figures, in this story are based on a historical soccer data set compiled by one of this article’s authors (James), which can be found here. read more

Ohio States Luke Fickell would exit post as Buckeyes head man with

ANN ARBOR, Mich. — Urban Meyer has reportedly agreed to become Ohio State football’s next head coach, according to multiple media reports. If Luke Fickell is indeed in the waning hours of his time as OSU’s head coach as the reports suggest, he’ll have the support of his players as he leaves the position.After Saturday’s 40-34 loss to Michigan, which may have been Fickell’s last time at the helm of OSU football, the coach was visibly distraught as he fielded questions about his future with the program.“Like I said, it’s about the Ohio State-Michigan game,” Fickell said during the post-game press conference after a second-consecutive question was asked regarding his future as OSU coach. “It’s going to be about that always, and that’s the way it is.”Fickell slammed his fist against a table during the statement.Players supported Fickell after what may have been his final game as head coach.Senior wide receiver DeVier Posey, who was suspended for the first 10 game of the season after two five-game suspensions for receiving improper benefits and for being overpaid for work he did not do at a summer job, said he didn’t know what the future held for the OSU coaching staff.“Oh man, if I was on the Board of Trustees I would give you that answer, but I don’t know,” Posey said. “I love coach Fickell. He’s a great guy (and) a great coach. He’s a great leader. I can’t make that call. All I know is I love playing for the man.”Senior running back Daniel “Boom” Herron was suspended for the first six games of the regular season and said that Fickell was key to stabilizing the program as players went on and off suspension throughout the year.“I think (the team) handled it very well,” Herron said. “The team stuck together. I coach Fickell did a great job of keeping the team together. I think he’s a great coach and I think he should definitely get a chance.”Should Fickell’s time as coach end in the hours and days to come, he would be just the seventh OSU coach to serve for a period of one season and the first to do so in the modern era of Buckeyes football. Paul Bixler led the Buckeyes to a 4-3-2 record during the 1946 season and is the most recent coach to serve for one season. Other one-and-done coaches in OSU football history include Charles Hickey (1896), David Edwards (1897), Howard Jones (1910), Harry Vaughn (1911) and John Richards (1912).Fickell led the Buckeyes to a 6-6 regular season record and is tied with Jones and Richards for the most wins among one-season coaches.The Buckeyes (6-6, 3-5) now wait to see if they are invited to a postseason bowl game. read more

Football Ohio State honors 19 seniors in final home game of the

Ohio State quarterback J.T. Barrett is honored on the field for Senior Day. Credit: Jack Westerheide | Photo EditorThe Ohio State home fans watched as 19 seniors took the field of Ohio Stadium for the final time Saturday as the group of players were recognized individually just before kickoff of its game against Illinois.Each senior ran out of the tunnel to receive a hug from head coach Urban Meyer and deliver flowers to his parents. Fans cheer on QB @JT_theQB4th as he takes the field one last time in Ohio Stadium. #OSUvsIllinois pic.twitter.com/oFMWsveejZ— Lantern TV (@LanternTV) November 18, 2017On the offensive side of the ball, Ohio State saw quarterbacks J.T. Barrett and Stephen Collier, center Billy Price, left tackle Jamarco Jones, tight end Marcus Baugh and wide receiver Elijaah Goins.On the defensive side of the ball, cornerbacks Trevon Forte and Cin’Quan Haney, defensive tackles Tracy Sprinkle and Michael Hill, defensive lineman Nick Seme, defensive end Tyquan Lewis, safeties Damon Webb, Clay Raterman and Erick Smith and linebackers Jackson Hayes, Zach Turnure and Chris Worley.One of the most decorated players in Ohio State football history, quarterback J.T. Barrett runs onto the field at Ohio Stadium for the final time. pic.twitter.com/sIslwCFPLD— Lantern Sports (@LanternSports) November 18, 2017 read more

Gigi Del Neri talks about Chievos past and future

first_imgThe Italian Lega Serie A club is at the bottom of the standings and it’s fighting not to get back to the Serie B next yearRecently-promoted Italian Lega Serie A club Chievo Verona have had a lot of trouble this season.The team was punished by bad accounting with minus three points, and it has suffered in eight matches without a single win.Chievo is currently sitting in the 20th position of the table with -1 point because of this.And former Verona manager Gigi Del Neri says the team he took to the Serie A for the first time in 2001-2002 might not see that miracle repeat.“The Chievo Miracle was, I think, an indestructible memory,” Del Neri was echoed by Football Italia.SOUTHAMPTON, ENGLAND - FEBRUARY 27: Claudio Ranieri, Manager of Fulham during the Premier League match between Southampton FC and Fulham FC at St Mary's Stadium on February 27, 2019 in Southampton, United Kingdom. (Photo by Steve Bardens/Getty Images)Ranieri speaks for the first time at Roma Manuel R. Medina – March 10, 2019 The Italian manager has returned to his country to coach Lega Serie A club Roma after the team was kicked out of the UEFA Champions League.“We’ll never see the likes of that again. To do what we did was like winning the lottery.”“After D’Anna was fired, I heard a few rumors around me, but I think Ventura is the right man to take Chievo forward at this moment,” he said.“It’s very complicated this term because the newly-promoted clubs all have some very interesting squads. Chievo still has to cancel out the points penalty, but I think they have what it takes to survive.”“Ventura was not the problem with the Nazionale. We can’t forget 35 years of the man’s career just because of two bad games,” he added.“Ventura is a friend and I always tried to learn from him. He is very fired up and I’m convinced he’ll do well with Chievo.”last_img read more

Dembele has never been late for France – Tolisso insists

first_imgFrance international midfielder Corentin Tolisso has revealed international teammate Ousmane Dembele has never been late for training while on national team duty.The Bayern Munich man has vouched for Dembele’s professionalism as the Frenchman has come under scrutiny for reported off-field antics.The former Borussia Dortmund winger’s career so far at Barcelona has been under constant scrutiny, with stories emerging about his conduct off the pitch, including showing up late to training.Tolisso and Dembele were part of the French team that emerged victorious at the World Cup in Russia this summer and Tolisso has launched a scathing defence of his compatriot’s professionalism.“I have not seen any lateness [from Dembele] while with the French team,” Tolisso told Canal.#10AnsCFC🗨️ @CorentinTolisso dans le #CFC : “Pour moi Ousmane @Dembouz a un potentiel extraordinaire. En @equipedefrance il est apprécié par tout le monde” 🇫🇷 pic.twitter.com/aXURCHK1CRsamuel umtiti, barcelonaBarca’s Umtiti out for weeks with broken bone George Patchias – September 13, 2019 Barcelona’s Samuel Umtiti has been ruled out for up to six weeks with a broken bone in his foot.Last week, Samuel Umtiti withdrew from…— Canal Football Club (@CanalFootClub) December 16, 2018“Ousmane has extraordinary potential, I have been able to see him every day in training, in everyday life and in the group, he is someone who is appreciated by everyone and has an overflowing humour. He is young, he is 21 years old.”Dembele silenced his critics with his stunning solo effort against Tottenham Hotspur in the UEFA Champions League.last_img read more

Hot PNP race pegged for Wheeland District

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 23 Feb 2016 – The Premier and PNP Party Leader, Hon Rufus Ewing says elections can happen as late as February 2017, but members of his party seem to have shifted to high gear now that the National Convention is over. Magnetic Media is learning of a serious showdown within the Wheeland Branch of the Progressive National Party to decide the nominee and potential candidate for that electoral district. The branch challenge, we understand is between JJ Parker, Dameko Dean, Elery Lightbourne and Alpheus Pinder. While it is also rumored that Dean may challenge the Blue Hills seat, he has already been massaging the Wheeland voters, which number 558 according to the current register with holiday greeting cards. The branch congress will decide who they like for their district nominee. Wheeland, which had the second highest voter turn-out in 2012 and Blue Hills, which has seen nearly 100 more voters registered in 2016 are both seats held by the Opposition PDM. There are two others who have revealed their interest to run on the PNP Ticket in the General Elections, namely Sheba Wilson who wants to offer as an at large candidate and Michael Misick who wants to offer for North and Middle Caicos. In a media statement issued last night, the former premier said, I quote him now: “We have seen the injustice, the erosion of longstanding democratic freedoms and the ongoing efforts to diminish the political will and voice of our people. I believe that I still have a part to play in the struggle to liberate our people.”Misick is not as focused on the PDM or PDA as he is on what he believes is an imposing British presence in government. Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:Alpheus Pinder, Dameko Dean, Elery Lightbourne, JJ Parker, pnp, wheeland Recommended for you TCI Country Leaders condemn vicious memes Olive branch extended by Opposition Leader, says it is time for Turks and Caicos leaders to unite Opposition Leader responds to Throne Speech  11 days later; says PDM Govt plan puts TCI in ‘deep doo doo’last_img read more

Mouth To Mouth Wild Run Ride Hits The Beach On Memorial Day

first_imgFacebook0TwitterEmailPrintFriendly分享The 6th Annual Mouth to Mouth Wild Run & Ride is scheduled for Memorial Day Monday, May 27. 10-Mile Mouth to Mouth Wild Run & RideThe 2019 Mouth to Mouth Wild Run & Ride includes a 1-mile beach run or fat bike ride between Kasilof River mouth and the mouth of the Kenai River.  Day of event registration opens at noon.  Race time is set for 2 p.m.The race start will be located at the Kasilof River Special Use Area off Kasilof Beach Stub Rd and the finish line at the Kenai South Beach parking lot off Cannery Rd.Early registration is available for $30 ($25 for Cook Inlet Keepers members) and day of event registration is $40. 3-Mile Fun Run EventIn addition, a 3-mile beach run from Cannery Road beach to the Kenai River mouth and return will begin at 3 p.m. on Monday.   Start time for the 3-mile run is 3 p.m. at Cannery Road beach access off Dunes Road.last_img read more

Nifty Sensex slip on global cues financials drag

first_imgA broker monitors share prices at a brokerage firm in Mumbai August 9, 2011.Reuters file [Representational Image]Indian shares edged lower on Monday, in line with broader Asian markets, as political uncertainties in the US and slow global economic growth dampened investor risk appetite.US President Donald Trump’s budget director and chief of staff said the partial US government shutdown could continue into January while sources also told Reuters that Trump privately discussed the possibility of firing Federal Reserve Chairman Jerome Powell, a move that would likely roil financial markets.The Fed’s decision on rate hikes last week sent global markets falling over concerns of global economic growth following disappointing economic data from China and Europe earlier this month.MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.5 per cent to its lowest in seven weeks.Back home, shares continued trading in the red for a third straight session even after the government announced tax cuts on over 20 items in a bid to boost the chances of Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) in next year’s general elections.The Goods and Services Tax (GST) council agreed to lower the tax on some goods including televisions, batteries and movie tickets.Multiplex cinema theatres operator INOX Leisure Ltd rose as much as 4.12 per cent while Amara Raja Batteries gained 1.3 per cent.”From the GST point of view, of course, it’s positive but right now the markets are volatile,” said Harendra Kumar, managing director, Elara Securities.”Volatility due to various global factors but once the markets come out of this, expect an upward momentum. We see Nifty hitting 12,300-12,400 in the next calendar year.”The broader NSE Nifty was down 0.14 percent at 10,738.65 as of 0538 GMT, while the benchmark BSE Sensex was 0.05 percent lower at 35,723.66.Among decliners, JSW Steel Ltd and Hero MotoCorp Ltd were the biggest percentage losers on the Nifty, falling 3.8 percent and 3.55 percent, respectively.Financials were also down, with HDFC Bank Ltd, the biggest drag on the index, falling 1.3 percent.Among gainers, IT stocks including Infosys Ltd and Tata Consultancy Services Ltd rose 1.1 percent and 1.4 percent, respectively.The Nifty IT index was up 0.5 percent, having shed 4.5 percent in the last four trading sessions.last_img read more

Two killed in gunfights

first_imgProthom Alo IllustrationTwo suspected criminals were killed in what the law enforcers called gunfights in Gazipur and Bogura early Friday, reports UNB.In Gazipur, a suspected arms trader was killed in a reported gunfight between his cohorts and members of the Rapid Action Battalion (RAB) in Salna area.The deceased could not be identified yet.Tipped-off, a team of the elite force conducted a drive in the area around 2:30am, said RAB-1 Company commander lieutenant commander Abdullah Al-Mamun.Sensing the presence of law enforcers, the gang members opened fire on the law enforcers, prompting them to retaliate that triggered the gunfight.The gunfight left the youth injured with bullet while two RAB members sustained injuries.He was then taken to Shaheed Tazuddin Ahmad Medical College Hospital where the on-duty doctor declared him dead.The law enforcers recovered a pistol and ammunitions from the spot.In Bogura, another alleged top terror was killed in a ‘gunfight’ between two rivals groups in Dhundar Bridge area of Sadar upazila.The deceased is Rashid Anam, 25.The two rivals exchanged gunfire in the area around 1:30pm, said Sanatan Chakraborty, additional superintendent of Bogura police.On information, a police team went to the spot and found Rashid with bullet injuries, he said.Rashed later was taken to Shaheed Ziaur Rahman Medical College Hospital where doctors declared him dead.Police also recovered a pistol, a magazine and ammunitions from the spot.There have several cases with different police stations against him, the official added.last_img read more