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Are you mechanically inclined? If so, come grow with us! Who are we? Rapid Recovery is the nation's uncontested national refrigerant recovery leader, and has recently joined A-Gas Americas to become the number one provider of end-to-end refrigerant services. Headquartered in Phoenix, Ar

Are you mechanically inclined? If so, come grow with us! Who are we? Rapid Recovery is the nation's uncontested national refrigerant recovery leader, and has recently joined A-Gas Americas to become the number one provider of end-to-end refrigerant services. Headquartered in Phoenix, Ar

Are you mechanically inclined? If so, come grow with us! Who are we? Rapid Recovery is the nation's uncontested national refrigerant recovery leader, and has recently joined A-Gas to become the number one provider of end-to-end refrigerant services. Headquartered in Phoenix, Arizona, w

THE FIFA 20 TOTS SF squad for La Liga has been announced by EA Sports before the release of the Bundesliga.

THE heavy skies matched the sombre mood of the nation. As people across Britain paused yesterday for a minute's silence to honour the healthcare workers who have fallen in the deadly coronavirus pandemic, a heart-rending sense of poignancy was mixed with a profound feeling of gratitude.

THE CARABAO CUP heads to its latest unusual setting when John Barnes and Ray Parlour reveal the first round ties. Here's when your team will discover their fate as Man City go for glory again.

Leeds United boss Marcelo Bielsa has been locked in a transfer battle with Premier League side Crystal Palace for Ipswich Town defender Luke Woolfenden, as the Whites start to prepare for a busy summer of signings.

The EFL and PFA have reached a collective agreement regarding a pay deferral for League One and Two players for the month of April.

Clubs in League One and League Two fear their seasons may be ended prematurely as early as next week.

Turkish prosecutors have charged four pilots, an airline company official and two flight attendants for their alleged roles in former Nissan chairman Carlos Ghosn's escape from Japan to Turkey and from there to Beirut, Turkey's state-run news agency reported Thursday.

NORWEGIAN CRUISES is the latest cruise line to extend its sailing suspension, with holidays now cancelled right up until June 30. Can cruisers get their money back?

CRUISE holidays may begin for guests the moment they step onboard, however, the planning and preparation needed to create the ultimate experience begins long before. Journey Planner Denitza Dimitrov, one of the forces behind river cruise company Emerald Waterways, explains how her job helps to make cruise dreams a reality.

The EFL and Premier League could both return in early June after what would, by then, have been a three-month enforced break due to the coronavirus pandemic.

Daily Express Chief Sports Writer Neil Squires urges the EFL and its clubs to protect their long-term future once the coronavirus crisis ends.

Canada has backed an American-led effort to allow Taiwan to be granted observer status at the World Health Organization because of its early success in containing COVID-19.

I love her so much I'd like to send her a bunch of daffs and a hug. I've never met her, but she's 100 percent my Pin-up Pensioner Poster Girl for coronavirus.

Premier League clubs have a crunch meeting on Monday to talk about ‘Project Restart'.

German football fans could hold the future of the 2019/20 Premier League season as the 20 clubs get set for yet another round of talks on Monday.

Premier League players want three major questions answering before they return to action.

Silver Reef Brewery adjusts production, provides sanitizer to St. George community

As the all-out effort for a vaccine accelerates, USA TODAY is rounding up some of the week's most notable developments.

Michigan coach Jim Harbaugh's proposal on rules for college players thinking NFL could help reduce talent base at programs like Ohio State, Alabama.

Bloomington resident Craig Fehrman explored the history of U.S presidents' campaign books and memoirs for his first book, "Author in Chief."

Indianapolis art historian Sarah Urist Green presents more than 50 do-it-yourself projects in 'You Are an Artist' book

Four boys were executed in a Parke County, Indiana, mobile home on Feb. 14, 1977. There was only one survivor: Betty Jane Spencer.

In our state, sex without consent is not a crime unless there is force, the threat of force or incapacitation, a letter to the editor says.

Brandon Kaiser, charged with the shootings of Clark County judges Andrew Adams and Brad Jacobs, is scheduled to go to trial June 15.

Randal Taylor, who became police chief last week, has felt the grief that lies behind every shooting in Indianapolis.

IndyCar is scheduled to open its 2020 season on June 6, but one month from that date, the Texas Motor Speedway president can't guarantee a race.

Watch Gary Varvel's time lapse video of his process of drawing heroes.

A great crisis produces great people and great courage

A long-stalled push to eliminate gerrymandering suddenly enjoys some momentum.

Former Police Chief Troy Riggs has left for Denver, but Indianapolis should remember his message.

Many ridiculously pockmarked stretches of road could qualify as the worst of the worst this pothole season.

The 22-year-old rider from Brownsburg became the youngest time trial winner — with the biggest margin — in the history of road cycling's World Championships.

Brownsburg defeats Plainfield, 55-43

The Western world remains where it has been for some time, delicately poised between anaemic recovery and a shock that could tip us back into economic contraction.

Perhaps the most conspicuous manifestation of the instability is that investors can't make up their minds whether the greater risk comes from surging inflation that stems largely from China's irrepressible growth or the deflationary impact of the unsustainable burden of debt on peripheral and not-so-peripheral eurozone (and other) economies.

And whence do investors flee when it all looks scary and uncertain, especially when there's a heightened probability of specie debasement - to gold, of course.

Unsurprisingly, with the German finance minister, Wolfgang Schauble, implying that a writedown of Greece's sovereign obligations is an option, and with consumer inflation in China hitting 5.4% in March, there has been a flight to the putative safety of precious metal: the gold price hit a new record of $1,480.50 per ounce for June delivery yesterday and could well break through $1,500 within days (say the analysts). Silver is hitting 30-year highs.

In a way, if a sovereign borrower were to turn €100bn of debts (for example) into an obligation to repay 70bn euros, that would be a form of inflation - it has the same economic impact, a degradation of value, for the lender. But it is a localised inflation; only the specific creditors suffer directly (though there may be all sorts of spillover damage for others).

And only this morning there was another blow to the perceived value of a chunk of euro-denominated sovereign obligations. Moody's has downgraded Irish government debt to one level above junk - which is the equivalent of a bookmaker lengthening the odds the on that country's ability to avoid controlled or uncontrolled default.

Some would say that the Irish government has made a start in writing down debt, with the disclosure by the Irish finance minister Michael Noonan yesterday that he would want to impose up to 6bn euros of losses on holders of so-called subordinated loans to Irish banks.

But I suppose the big story in the eurozone, following the decision by the European Central Bank to raise interest rates, is that the region's excessive government and bank debts are more likely to be cut down to manageable size by a restructuring - writedowns of the amount owed - than by generalised inflation that erodes the real value of the principal.

The decision of the ECB to raise rates has to be seen as a policy decision that - in a worst case - a sovereign default by an Ireland, or Greece or Portugal would be less harmful than endemic inflation.

But is that right? How much damage would be wreaked if Greece or Ireland or Portugal attempted to reduce the nominal amount they owe to levels they felt they could afford?

Let's push to one side the reputational and economic costs to those countries - which are quite big things to ignore, by the way - and simply look at the damage to external creditors from a debt write down.

And I am also going to ignore the difference between a planned, consensual reduction in sums owed - a restructuring that takes place with the blessing of the rest of the eurozone and the International Monetary Fund - and a unilateral declaration of de facto bankruptcy by a Greece, Ireland or Portugal (although the shock value of the latter could have much graver consequences for the health of the financial system).

So the first question is how much of the impaired debt is held by institutions and investors that could not afford to take the losses.

Now I hope it isn't naive to assume that pension funds, insurance companies, hedge funds and central banks that hold Greek, or Irish or Portuguese debt can cope with losses generated by a debt restructuring.

The reason for mild optimism in that sense is that those who finance investments made by pension funds and insurers - that's you and me by the way - can't get their money out quickly or easily. We simply have to grin and bear the losses to the value of our savings, when the stewards of our savings make lousy investment decisions.

As for hedge funds, when they make bad bets, they can suffer devastating withdrawals of finance by their investors, as and when the returns generated swing from positive to negative. But so long as those hedge funds haven't borrowed too much, so long as they are not too leveraged - and most aren't these days - the impact on the financial system shouldn't be significant.

Finally, if the European Central Bank - for example - ends up incurring big losses on its substantial holdings of Greek, Portuguese and Irish debt, it can always be recapitalised by solvent eurozone nations, notably by Germany and France.

However this is to ignore the node of fragility in the financial system, the faultline - which is the banking industry.

In the financial system's network of interconnecting assets and liabilities, it is the banks as a cluster that always have the potential to amplify the impact of debt writedowns, in a way that can wreak wider havoc.

That's built into their main function, as maturity transformers. Since banks' creditors can always demand their money back at whim, but banks can't retrieve their loans from their creditors (homeowners, businesses, governments), bank losses above the norm can be painful both for banks and for the rest of us.

Any event that undermines confidence in the safety of money lent to banks, will - in a best case - make it more difficult for a bank to borrow and lend, and will, in the worst case, tip the bank into insolvency.

Which, of course, is what we saw on a global systemic scale from the summer of 2007 to the end of 2008. That's when creditors to banks became increasingly anxious about potential losses faced by banks from a great range of loans and investments, starting with US sub-prime.

So what we need to know is whether the banking system could afford losses generated by Greek, Irish and Portuguese defaults.

And to assess this, we need to know how much overseas banks have lent to the governments of these countries and also - probably - to the banks of these countries, in that recent painful experience has told us that bank liabilities become sovereign liabilities, when the going gets tough.

According to the latest published analysis by the Bank for International Settlements (the central bankers'central bank), the total exposure of overseas banks to the governments and banks of Greece, Portugal and Ireland is "just" $362.2bn, or £224bn,

Now let's make the heroic guess that a rational writedown of this debt to a sustainable level would see a third of it written off - which would generate $121bn (£75bn) of losses for banks outside the countries concerned.

If those loans were spread relatively evenly between banks around the world, losses on that scale would be a headache, but nothing worse.

But this tainted cookie doesn't crumble quite like that. Just under a third of the relevant exposure to public sector and banks of the three debt-challenged states, some $118bn, sits on the balance sheets of German banks, according to the BIS.

For all the formidable strength of the German economy, the balance sheets of Germany's banks are by no means the strongest in the world. German banks would not be able to shrug off $39bn or £24bn of potential losses on Portuguese, Irish and Greek loans as a matter of little consequence.

This suggests that it is in the German national interest to help Portugal, Ireland and Greece avoid default.

If you are a Greek, Portuguese or Irish citizen this might bring on something of a wry smile - because you would probably be aware that the more punitive of the bailout terms imposed by the eurozone on these countries (or about to be imposed in Portugal's case) is the expression of a German desire to spank reckless borrowers.

But as I have mentioned here before, reckless lending can be the moral (or immoral) equivalent of reckless borrowing. And German banks were not models of Lutheran prudence in that regard.

If punitive bailout terms make it more likely that Ireland, Greece or Portugal will eventually default, you might wonder whether there has been an element of masochism in the German government's negotiating position.

Don't blame Josef Newgarden for leaving Ed Carpenter's popular IndyCar Series team, and don't blame powerful Team Penske for signing Newgarden. It's the right thing to do for the employee and his new employer.

Many Indianapolis area districts started eLearning this week only to learn that school closures will be longer than expected due to COVID-19 concerns.

Colleges across Indiana are navigating how to handle refunds for students who have had to vacate residence halls during the COVID-19 pandemic.

No mesmo dia, entretanto, uma publicação no periódico Lancet colocou dúvida sobre eficácia do remdesivir.

Há milhões de pessoas que não lavam as mãos infiltradas entre nós, mesmo com acesso a água encanada e sabão. Mas por que elas não incorporam esse simples hábito de higiene, e como podemos mudar suas cabeças?

Apoio da caserna a Bolsonaro não se estenderá a uma eventual tentativa de ruptura institucional, dizem ex-titulares da Defesa ouvidos pela BBC News Brasil.

'Você tem 27 Superintendências, eu quero apenas uma, a do Rio de Janeiro', teria dito Bolsonaro a Moro. Primeira ação do novo diretor-geral da PF foi trocar comando no Rio.

Arthur Virgílio Neto chora ao citar agressões a coveiros e mortes, e recorre a Greta Thunberg: 'Terrível seria pirralho governando o país'. Mortes na capital do Amazonas passaram da média histórica de 20 a 30 por dia para o patamar de 120.

McGraw, a three-star defensive end, announced his decision Sunday via Twitter.

Kevin Peoples has been mentored by Pete Jenkins, a defensive line master for decades.

Gov. Eric Holcomb finds himself in an enviable position politically as he navigates difficult decisions about how and when to reopen the economy.

Amid the chaotic environment of the pandemic, few things are as important as having a direct line to Pence and other top federal health officials.