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Monthly Archives: June 2017
PR institute says Mark-Viverito slashed funding after parade dispute – New York Post
Posted: June 24, 2017 at 2:48 pm
City Council Speaker Melissa Mark-Viverito is being accused of slashing an annual grant to a respected Puerto Rican institute by nearly half this year as retribution for the directors unwillingness to publicly support convicted terror leader Oscar Lpez Riveras starring role in the recent Puerto Rican Day Parade.
Since Mark-Viverito took the helm of the council in 2014, CUNYs Center for Puerto Rican Studies at Hunter College headed by Edwin Melendez has received $970,000 in discretionary funding each year.
But after a flap within the Puerto Rican community over the parades initial decision to honor Lpez Rivera with a National Freedom Hero award, the center saw its funding cut to $500,000 for fiscal 2018, council budget records show.
Mark-Viverito is a vocal supporter of Lpez Rivera, despite his former leadership role in the FALN a Puerto Rican terrorist group that took responsibility for more than 100 bombings in the 1970s and 80s that killed five people in New York City. He was convicted of seditious conspiracy and spent 35 years in prison before then-President Barack Obama commuted his sentence in January.
Melendez apparently refused to publicly defend the Puerto Rican Parades honoring of Oscar Lpez Rivera, Angelo Falcon, director for the National Institute for Latino Policy, wrote in a newsletter that first reported the funding cut on Friday.
If anything, this shows the problems that such political funding can have: What Mark-Viverito gives, on the one hand, she can easily take away with the other if you dont play ball with her, he added.
Falcon told The Post that several people told him Melissa was pissed off at [Melendez] and boom!
At the same time, CUNYs Dominican Studies Institute at City College which has received the same funding as the Puerto Rican center for the past three years saw its allotment continue at the $970,000 level in fiscal 2018.
Asked about the allegations of political retribution by Mark-Viverito, Melendez told The Post, I have no comment.
In an e-mail response to Falcon, Melendez confirmed the funding cut without addressing the issue of political payback.
We have learned that this City Council allocation has been reduced for the next fiscal year, which begins on July 1, 2017. Our core services will continue unaffected, Melendez wrote in the e-mail. We will continue to identify sources of funding that will permit Centro to continue offering the engagement and dissemination activities to the community in accordance to our mission.
A City Council spokeswoman did not address the allegations directly, saying instead the council was proud to support CUNY research initiatives.
Our $2.14 million in funding, which includes the addition of the newly funded Haitian and Mexican Studies Institutes, will continue to give students the resources to make the most of their studies and to support important research on these diverse communities, the spokeswoman said.
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PR institute says Mark-Viverito slashed funding after parade dispute - New York Post
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You can achieve financial independence easily by using buckets … – AOL UK
Posted: at 2:48 pm
Achieving financial independence is everyone's goal. The dream of quitting the rat race and being able to live off your savings may seem like an unattainable goal to many but in reality, to achieve this, all you need is a little planning.
The key to building wealth is a regular savings plan. If you're putting away a little every month, over time this savings pot will build up. The best way to ensure that your savings stay untouched, and grow steadily over time is to use a bucket approach.
Using financial buckets to segregate your wealth is easy way of making sure that your money works as hard as possible. It doesn't require much effort and you'll soon reap the rewards.
How you plan your buckets will obviously depend on your current financial situation, savings goals and position in life. But no matter how you divide your wealth, you should be better off for it.
A simple bucket approach would be to divide your wealth between current and long-term savings. Depending on your current financial situation you may believe it is prudent to put aside enough cash to meet three months of spending obligations as protection against unforeseen occurrences.
With this cash cushion in place, you can devote the rest of your wealth to savings products with a longer horizon, with the intention of locking these funds away. Inside this bucket you may then choose to have two more buckets, one of which carries more risk but a higher potential long-term return such as equities. The other would be low risk but offer a steady return -- bonds might be appropriate.
The great thing about the bucket approach is that, as well as encouraging saving and making sure that you don't dip into your savings to meet near-term costs, it provides a psychological benefit.
Equities have generated a historic return of around 10% per annum, much more thanoffered by fixed interest. Nonetheless, this higher return comes with increased volatility, which may scare off some savers. But by using buckets there's no need to fret about volatility.
Research has shown that investors tend to panic when the market falls and sell at any cost, a destructive strategy. However, if you have your near-term cash requirements satisfied in the lower-risk savings buckets described above, the chances of you deciding to sell at the market bottom are greatly reduced as you can afford to wait for equities to recover.
Shares in companies such as Royal Dutch Shell and GlaxoSmithKline may fall significantly during periods of market turbulence but these companies have a long history of producing returns for investors and due to their size, they are unlikely to go out of business any time soon. What's more, these two companies both support dividend yields that are several percentage points above the income offered by most savings accounts.
Overall, if you want to achieve financial independence, a disciplined approach to saving is required. Andthe best way to ensure that you get the most from your money is to separate your funds into different buckets, with different levels of risk and reward based on your own financial circumstances. Job done.
A long-term approach is essential for building wealth. If financial independence is your goal, the Motley Fool is here to help. Our analysts have recently put together this brand new free report titled The Foolish Guide To Financial Independence, which is packed full of wealth creating tips.
The report is entirely free and available for download todaywith no further obligation.
So if you're interested in exiting the rat race and achieving financial independence, click here to download the report. What have you got to lose?
Rupert Hargreaves owns shares of GlaxoSmithKline and Royal Dutch Shell B. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline. The Motley Fool UK has recommended Royal Dutch Shell B. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
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You can achieve financial independence easily by using buckets ... - AOL UK
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Porter’s Five Forces can help you achieve financial independence … – AOL UK
Posted: at 2:48 pm
We're big advocates of a bottom-up approach here at The Motley Fool. We invest in individual companies instead of betting on sectors. This approach can help us ignore the relentless 'noise' of the market, but taking this approach too far can be dangerous too.
Companies do not exist in isolation and do not have complete control over their destiny. It is therefore important to consider the impact market forces could have on an investment candidate. Michael Porter, a professor at Harvard, has designed a model of analysis that helps us investigate how a company functions inside its industry.
Porter's Five Forces provides insightsinto how the competitive picture may impact sales and profitability at a given company in the future.
Force number one asks: How easily can another company enter this industry"
Industries with relatively few players often boast outsized returns on capital. Investors will always be drawn to such industries, but unless a company has a wide economic moat (or durable competitive advantage) new competitors will inevitably emerge, vying for a cut of the juicy profits. This increased competition erodes margins until return on capital reverts to the mean. Investors who bought in at its zenith will be left nursing nasty losses.
To avoid this fate, don't be drawn in by big margins. Instead ask yourself how easy would it be to recreate this business if money was no object. If you could create a viable rival without in-house knowledge, hard-earned customer relationships, regulatory approval, brand-building, patent approval or any other differentiator, the company in question likely has a weak competitive position.
The force of substitution is the threat of customers choosing a different product over yours. Driverless cars might substitute taxi drivers. One engine part may be interchangeable with a competing product. When analysing a product, ask: what might be substituted for this? If a service or product is differentiated and strong enough that it has few threats of substitution, it could have the potential for outperformance.
In industries where competition is rife, the balance of power often shifts towards the customer base. This can result in price-sensitive consumers, minimal brand loyalty or even open the doors to price negotiations, thus reducing profitability.
When there is both bountiful supply and suppliers, a company can tend to source its inputs more cheaply because of increased competition. However, if a company must buy a special chemical that is only made by one supplier, it has little scope to negotiate on price if there are few or no viable substitutes.
Who are the other big players in the candidate's industry? What are they good at? Where do they fall down? Do they have any distinct differentiators? Can they threaten the candidate in the future? Understanding how your candidate compares to peers is or paramount importance to forming an opinion on its future.
Understanding these forces could help you track down the not-so-obvious big winners of the future. Our analysts often use this approach to find growth candidates that can compound outsized returns over the long run. We've found a company that ticks all the boxes.
People will pay top dollar for its world-renowned brand, its raw materials are plentiful and cheap and it has a wonderful growth record. This British growth story has doubled profits since 2012and shows no sign of letting up yet. To read the investment thesis in full, click here.
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Porter's Five Forces can help you achieve financial independence ... - AOL UK
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Local church invites community to get out of debt – MDJOnline.com
Posted: at 2:48 pm
Beginning this fall, Mt. Bethel United Methodist Church, which has two East Cobb locations, will facilitate a program that helps families take control of their finances.
Financial Peace University, a Dave Ramsey Solutions program, will be offered several times at the locations during the nine-week program. There will also be Legacy Journey for those looking beyond financial independence and wanting to go deeper into investing. For those with children (K-12 grade), there are programs designed just for their age groups that occur at the same time as the FPU programs offered on Sundays and Wednesdays.
The programs, which will begin on Aug. 20, are open to the community and will be offered at the discounted price of $91.For class availability and to register, go to http://www.pivotstepone.org.
Specifically, FPU will teach participants to pay off their debts, to save for the future and to have a platform to have healthy discussions about finances. Legacy Journey will lead participants deeper into investing, basic estate planning, purposeful living, safeguarding ones legacy and discovering the keys to generational wealth.
For more information, visit http://www.mtbethel.org.
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Local church invites community to get out of debt - MDJOnline.com
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Jazzfest review: Serena Ryder shows her roots, rocks new tunes – Ottawa Citizen
Posted: at 2:46 pm
Serena Ryder headlines at TD Ottawa Jazz Festival Friday (June 23, 2017) night on the main stage in Confederation Park . Julie Oliver / Ottawa Citizen
Serena Ryder TD Ottawa Jazz Festival Reviewed Friday
Serena Ryder demonstrated the evolution of her artistry during a thoroughly enjoyable main-stage performance at the TD Ottawa Jazz Festival on Friday.
The singer-songwriter who grew up outside Peterborough not only showed off her star power as a vocalist and bandleader but also reached back to her formative years during a down-to-earth acoustic segment on the Confederation Park stage.
Its so weird to have a set list and a band of rock n roll stars because Im such a small-town little hick, she confessed, just after changing her mind about what song to play. Instead of launching into the solo acoustic segment, she switched guitars and fulfilled a request from the crowd for Mary Go Round, a song inspired by her childhood.
With the acoustic back in her arms, Ryder returned to her original plan, revealing her campfire roots with stripped-down versions of Its No Mistake, All For Love and Weak in the Knees, her breakthrough hit of 10 years ago. In this intimate format, without the band, the depth of her talent was evident, and she was in her element connecting with fans in front of the stage.
But she was just as genuine playing her new material with the big band behind her. Backed by a super-charged lineup that included Brian Kobayakawa on bass, Sekou Lumumba on drums, Joel Joseph on keys, and Joan Smith on electric guitar, as well as backing vocalists Miku Graham and D/Shon, Ryder delivered a funky show that was drenched in R & B. They brought the rhythmic tunes from Ryders brand-new album, Utopia, springing to life, and revitalized some old favourites along the way.
Show highlights included the opener Stompa, the 80s pop-rock feel of Ice Age, the rocking Wolves and the crisp new singles, Got Your Number and Electric Love. Also noteworthy was her turn on keyboards, an instrument she said she kinda plays, plucking out the accompaniment as she applied her most heartfelt wail to Wild and Free, another song from the new album.
Her smile radiating warmth, Ryder looked confident and comfortable on stage, always a good sign for an artist with a new batch of tunes to kick off and a summer filled with tour dates. Shell be back in Ottawa on July 1 to share the Parliament Hill stage with an array of artists, including Alessia Cara, Dean Brody, Walk Off The Earth, Gordon Lightfoot and two members of U2, Bono and the Edge.
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Jazzfest review: Serena Ryder shows her roots, rocks new tunes - Ottawa Citizen
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Get with the Modern Times and try some beer straight from utopia … – LancasterOnline
Posted: at 2:46 pm
A new addition to Pennsylvanias craft beer market is Modern Times Beer: A sunny, southern California native thats definitely hip to the craft groove.
Named after a utopian-minded community that once thrived on Long Island, New York, Modern Times is effectively snuggling its way into the Keystone States polyamorous arms with no gimmick needed.
Once a safe haven for progressives whose main desire was largely to break away from the rat race and slow down on their own terms, thank you very much, Modern Times residents were focused on social and gender equality. Unfortunately, there were outsiders who didnt understand the mentality of communal living, cohabitation and free love; others sought to take advantage of the communitys freedoms and bend it to their own sordid wills.
Modern Times was destined to have an expiration date.
Similar to its nearly utopian namesake, Modern Times Beer is unafraid to stretch conventional boundaries. Youll likely be pleasantly surprised with many of its offerings, which you now will find in many of your favorite local watering holes.
Most of its beers are named after other utopian communities, and discovering their stories is at least half the fun of drinking the beer, which is in itself an exercise in sensory pleasure.
Orderville, Utah, was an offshoot community of the Latter-day Saints; it had its beginning after Brigham Young proclaimed that his devotees form what he called united orders, or communities of like-minded believers.
Orderville the beer pours a light orange that grows in deeper intensity toward the bottom of the glass when held to the light. There are lazy particulates floating in the hazy body, and its all topped with an off-white head.
In aroma, a mingling of pine and resin blends with guava, passion fruit and pineapple. The flavor follows the nose, with loads of sticky pine and soft, juicy fruit. There is pineapple, mandarin orange and passion fruit, but plenty of bitter, dank earthiness to keep it from being a one-dimensional beer.
I loved the fine balance between juiciness and bitterness, like a tropical explosion in Pacific Northwest woods; this is supremely crushable.
Point Loma, a community within San Diego proper, was once the base of a utopian society formally named the Universal Brotherhood and Theosophical Society, founded by Katherine Tingley.
The people here placed a strong emphasis on humanitarian efforts and raised their children in an environment away from parents, with a school system called Raja Yoga.
Lomaland the beer is the color of pale honey with an incredibly thin, off-white head.
Its aroma swells with spicy pepper, soft wheat, dry grass, apples and flowers. There are loads of floral notes, earthy funk and pepper in flavor. The play between gentle mouthfeel and high carbonation is sheer joy, and it finishes somewhat dry and crisp with promises of sunshine.
A few years ago, my husband gave me a bag of coffee that was barrel-aged. The complexity and depth of personality and flavor were memorable.
Modern Times is doing the same thing: Instead of creating a barrel-aged beer, its creating beer brewed with barrel-aged coffee.
The result is nothing less than singular and spectacular.
City of the Dead pours a pitch-black abyss from the glass and is topped with a tan head.
Heavy notes of roasted black coffee, molasses, caramel and dark, bitter chocolate reign in the nose. The flavor mirrors that, with boldly roasted yet smooth coffee thats full of a bourbon shine but with no alcohol heat. This beer is mellow and deep with light carbonation. On the tongue, youll likely find chocolate, tart cherries and sweet, creamy coffee.
Try these and other Modern Times selections soon, although I get the feeling that this brewerys life expectancy is much longer than your average utopian society.
Contact Amber DeGrace with questions and comments at adegrace@lnpnews.com and find her on Twitter at @amberdegrace.
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Get with the Modern Times and try some beer straight from utopia ... - LancasterOnline
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The Town of New Llano is celebrating its 100th anniversary – Leesville Daily Leader
Posted: at 2:46 pm
New Llano has a unique, 100-year-old, history. It is arguably the longest-lived socialist community in the United States.
New Llano has a unique, 100-year-old, history. It is arguably the longest-lived socialist community in the United States.
Originally established in 1917 as a Utopian community, people came from all walks of life, and from all over the world to New Llano. They were seeking a paradise where you produce for use, not profit;" where all members did equal work for equal benefits in a self-sufficient cooperative.
The first colony in California, called the Llano del Rio Cooperative Colony, was established by Job Harriman, in 1914. It was abandoned just four years later. Llano del Rio turned out to be too far from other settlements to develop a sustaining economy, and it had an unreliable water supply.
In 1917, 200 of the original 600 California colonists chartered a train and moved the experimental colony to Louisiana. They settled into the former lumber town of Stables, and changed its name to New Llano.
For the next 20 years, the colony evolved its own brand of "cooperativism," southern-style. Everyone over the age of 18 had a job. Usually jobs were assigned, but people were allowed to change occupations if they were competent.Life at the colony was not easy, but no one starved physically or intellectually.
In the early 1900's, lumber workers in Louisiana had faced many conflicts with big lumber interests in the state. This made the politics of a co-operative society appealing to them.
The socialist concept had much popular support in the United States, during the late 19th and early 20th century. Utopian colonies were scattered throughout the country during the industrial age, as the working class struggled to gain rights.
The New Llano Colony has often been dubbed a "socialist commune," however, this is not entirely accurate.
Although Harriman and many of the long-time colonists were Socialists, it was not a requirement for membership. Members simply had to agree to live co-operatively and abide by the Golden Rule-- Do unto others as you would have them do unto you.
Many of the ideals, which were promoted within the Utopian community, were a source of pride, and have been instituted in today's American society. These include minimum wage, Social Security, low-cost housing, old-age pensions, equal rights for women, welfare, and a move toward universal health care.
Members collectively owned all industries, which they ran themselves, including water and electricity for their homes. The group produced many high-quality items, from shoes to machine tools, and popular food products.
New Llano was once home to a broom factory, sawmill, ice plant, sheet metal factory, and the leading national socialist newspaper.
The colony was one of the first groups in America to adopt the Montessori teaching method. Theodore Cuno, one of the founders of Labor Day, made New Llano his home until his death. Cuno endowed the colony with a substantial library, one of the best in Louisiana. Colony orchestras and theatrical groups performed on a roof garden, free of charge, to fellow colonists and their neighbors.
Everyone worked together to produce whatever they needed.
Eventually, in 1939, a series of financial problems and internal dissent forced the colony into receivership.
Documentary filmmakers Beverly Lewis and Rick Blackwood produced the 1994 film, "American Utopia," about the Llano del Rio Cooperative Colony in Vernon Parish.
The Town of New Llano is celebrating the 100-year anniversary with a two-day festival-style celebration, featuring live music and vendors selling arts and crafts, food and drinks.
The event runs Friday, June 30 - Saturday, July 1 at the park on Stanton Street. It will get started both days at 8 a.m. The celebration will will close at 6 p.m. on Friday. A fireworks display will take place on Saturday at 9 p.m.
Alcoholic beverages and pets are prohibited at the celebration.
The Museum of the New Llano Colony Museum will be open during the event. It is located at 211 Stanton Street, and is regularly open Tuesday-Friday, 8 a.m. - 4 p.m. (closed from noon - 1 p.m.).
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The Town of New Llano is celebrating its 100th anniversary - Leesville Daily Leader
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PNG can help fencing grow in Oceania – Loop PNG
Posted: at 2:46 pm
During the Olympic Day celebrations held yesterday in Port Moresby, Leon Thomas of Oceania Fencing introduced the sport to students from different schools.
The Oceania region is considered as a development zone of fencing and Thomas believes that if they spread the word and generate more interest, the code can gain a following in other Oceania countries considering PNGs population, geography and influence in the region.
Thomas, who took part in four World Fencing Championships, was pleased with the interest shown by participants in Port Moresby.
Its great to see the interest from the kids here. Fencing has grown largely in Oceania countries like Samoa, New Caledonia and Tahiti but we want to target PNG because it has a large population and having fencing introduced and grown here could help it grow in Oceania, said Thomas.
Thomas explained that current fencers in Oceania qualify for the Olympics through Asia, but if the code grows in Oceania, then the region could have its own qualifying pathway to the Olympics.
Fencing was one of the original nine sports in the inaugural modern Olympic Games played in Athens, Greece in 1896.
It is one of only four sports that have been featured at every single Olympic competitions since 1896.
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Otago athletes to face the heat in Oceania champs – Otago Daily Times
Posted: at 2:46 pm
Ten of Otagos top athletes are preparing for a break from winter.
The athletes, plus two Otago coaches, are set to head to Suva, Fiji, and its mid-20degC weather.
There they will compete as part of the 56-strong New Zealand team at the Oceania Area Championships.
The group includes decathletes Felix McDonald and Cameron Miller, middle distance runner Nathan Hill, 400m and 800m runner Sam Gouverneur and thrower Hamish Mears.
It also includes Southland athletes Anton Schroeder and Liam Turner, who both attend Otago Boys High School.
Local coach Megan Gibbons will travel with the team and is responsible for helping the sprinters and hurdlers.
As well, para-athletes Anna Grimaldi, Holly Robinson and Jess Hamill will use the meeting as part of their preparation for Julys world championships.
Otagos Raylene Bates is the high performance manager of that group.The championships are a development meetingin which New Zealand athletes wear white singlets.
Such meetings help them on to the pathway to silver singlet meetings and, ultimately, world meetings, at which they wear black.
They allow youngsters to get a taste of international competition and compete in a different environment.
Aside from the para team, the Otago athletes attending are young, either at school or not long left. However, Gibbons felt they could go well and said it would be a good experience.
"I think theyll go OK. They do have medal chances, absolutely.
"There will be some challenges for them, like Felix and Cam are doing the combined events, so competing in a decathlon in 30-degree heat might be a bit of a challenge for them.
"But I think for the likes of Hamish and Anton and Nathan, its their first competition outside of New Zealand really, unless theyve been to Australian champs, so its sort of that next step up."
The heat represented a big challenge for Dunedin athletes coming from a cold winter, as did going into the competition out of season.
While the temperature was often a nice change, it was the humidity that Gibbons said could be hard to adapt to.
However, many of the group had been aqua jogging in the heated physio pool to try to simulate that.
The standard of competition varied.In some events, the standard could be high and competition for medals stiff, but others were at a lower level.
The championships begin on June 28 and go through to July 1.
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PNG Athletes Leave Country for Oceania Championships EMTV … – EMTV Online
Posted: at 2:46 pm
Four senior track and field athletes, who left the country yesterday, will be joined by U18 and U20 sprint and relay athletes tomorrow with the last lot of athletes to fly out on Sunday.
The U18 and U20 sprinters who are leaving for Fiji for the Oceania Championships tomorrow, travelled to Port Moresby, representing Kimbe, Rabaul, Manus and Lae.
The team met with the PNG high Performance Team yesterday, to go through a few things that athletes must know when traveling overseas, especially when representing the country.
Some of the things touched on and covered with the athletes were anti-doping processes, recovery after and during the competition, resilience and team building.
Traveling for the first tomorrow with the team will be Team Coach for U18 and U20 Sprints and relay team, Allan Akia, who believes the team has worked hard over the last few months in preparations for the Oceania Championships.
In Fiji, the competition categories will cover three groups, U18, U20 and the open division. Some of the events listed for the PNG side will cover 100m and 200m sprints, the 800m and 1500m races, and the relay race for both the Mens and Womens events.
Allan said he is happy with the selection of the team, based on their past and previous competition results. Athletes participating in the Oceania championships, may find themselves represent their respective provinces in the PNG Games, and the country at the Mini- Pacific Games.
Their Team Coach believes based on their home ground performances, theres a fair chance of at least bagging some medals.
Toea Wisil, dubbed the Pacific Sprint Queen will be travelling from Australia and joining the team in Fiji.
Wisil, whoholds the record in Oceania in the one hundred meter sprint, will be leading the PNG side and participating in her respective events.
Wisil will also be using the opportunity to train for international events.
All athletes will be closely monitored as they perform in front of the PNG athletics Union President, Tony Green.
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PNG Athletes Leave Country for Oceania Championships EMTV ... - EMTV Online
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