Category: vjicpawiprel

Disappearing act: Market braces for volatile March after $2.4b vanishes in a week

first_imgThe central bank and market players are expecting the worst in March as uncertainties surrounding the coronavirus drive volatility in stocks, bonds and foreign exchange markets.Bank Indonesia (BI) Governor Perry Warjiyo said on Friday that he expected the coronavirus crisis to peak in February and March, before a recovery in the second quarter. The central bank pumped Rp 87 trillion (US$6.2 billion) into the domestic bond market in February to prop up prices and the value of the rupiah as foreign funds sold US$2.4 billion worth of bonds and stocks.“We project the recovery will take about six months starting in mid-March or April,” Perry said. BI will continue to intervene to stabilize the bond market and the rupiah through the spot market, the domestic non-deliverable forward (NDF) market and by buying government bonds (SBN) in the secondary market, the governor added. The rupiah weakened to its lowest level since August 2019 on Friday at Rp 14,234 per US dollar, according to the Jakarta Interbank Spot Dollar Rate (JISDOR). Fitch Solutions announced it had revised down the rupiah’s outlook for 2020 from Rp 13,650 to Rp 14,207 against the greenback due to a higher risk of a local coronavirus outbreak.”The short-term drivers have turned negative due to the elevated global COVID-19 pandemic and likely local outbreak risk,” Fitch stated. “We believe that risks of local outbreaks are high, which, once reported, will exert significant downside pressure.”Read also: Coronavirus may weaken rupiah this year: Fitch SolutionsIndonesia has, so far, reported zero cases of coronavirus as countries outside China see more new cases than the country where the virus originated, increasing concerns about a global pandemic that could affect economies beyond the world’s second largest economy. Worldwide, more than 84,000 people have been infected with the virus and 2,870 have died.“The market does not like uncertainties. As as long as there’s no vaccine, no ability to cure or anything that could prevent spread, the market will continue to be unstable,” Sucor Sekuritas head of business development Bernadus Setya Ananda Wijaya said at a discussion forum in Jakarta on Saturday.Bernad estimated that recovery would start three months after the peak of the outbreak, which would mean that by April or May the stock market could be more stable, based on the experience from the SARS outbreak in 2002.The Attorney General’s Office (AGO) plans to begin reopening in March some of the 800 trading accounts that have been suspended for possible links to investment mismanagement by troubled state insurer Jiwasraya, he added, to help support the market.“Some of these are jumbo accounts that could move Indonesia’s stock market,” said Bernad. “At present, if foreign investors dump, the drop will be steep because there are no jumbo accounts to support.”The JCI fall would not go below the 5,000 level, about 8 percent lower than its position of 5,452.7 on Friday, analysts said. The benchmark index’s price valuation as measured by the price-to-earnings ratio is currently at 11 times, much lower than the index’s average PER of 16 times.Sucor Sekuritas is depending on cement, banking and construction stocks to drive growth in the domestic stock market, citing Bank Rakyat Indonesia (BBRI), Summarecon Agung (SMRA), Semen Indonesia (SMGR) and Wijaya Karya (WIKA), among others.Topics : Read also: Coronavirus crash wipes $5 trillion off world stocksLast week alone, foreign investors sold off a net Rp 29.4 trillion in the bond market and Rp 4.2 trillion in the stock market, according to data compiled by state-owned brokerage firm Mandiri Sekuritas. That rounded up a selling spree of Rp 33.6 trillion or $2.4 billion as countries outside China began to report more cases.Over the week, the benchmark stock index the Jakarta Composite Index (JCI) fell 7.3 percent and the rupiah depreciated by 4.1 percent against the US dollar. Ten-year Indonesian government bond yields, which indicate investment risk, rose 35 basis points last week to 6.83 percent on Thursday, the third biggest increase after Turkey and Russia.“The biggest buyer of government bonds month-to-date is Bank Indonesia,” said Mandiri Sekuritas head of fixed income research Handy Yunianto. “Onshore banks also supported the bond market.”last_img read more

read more

Gov. Wolf Vetoes SB 327, HB 2388 and HB 2412

first_imgGov. Wolf Vetoes SB 327, HB 2388 and HB 2412 May 19, 2020 Press Release,  Public Health Governor Tom Wolf today vetoed three bills related to the state’s response to COVID-19 that violate the separation of powers and make other changes that go against the administration’s measured plan for reopening the state safely.Senate Bill 327 would authorize counties to develop and implement their own mitigation plans and decide when businesses within their county can reopen and includes a provision that prohibits commonwealth agencies from performing an essential governmental operation, the promulgation of regulations, until 90 days after the COVID-19 disaster emergency declaration is terminated unless the legislature grants permission for a regulation to advance.House Bill 2388 and House Bill 2412 would allow various industries to reopen in red phase counties.“Since the beginning of this month, my administration has been gradually transitioning counties from the restrictive red phase to an intermediate yellow phase,” Wolf wrote. “The decisions to move counties from the red phase to the yellow phase are based on the advice of expert epidemiologists. These decisions are not based just on the number of cases of COVID-19, but are also based on other critical factors, such as how community members interact, the county’s number of potential transmission points, a county’s geographic location, the capacity to undertake contact tracing, and testing availability.”Read the veto message for SB 327 here.Read the veto message for HB 2388 here.Read the veto message for HB 2412 here.Ver esta página en español.center_img SHARE Email Facebook Twitterlast_img read more

read more

France: PM outlines pension reform plan after days of strikes

first_imgOn the sensitive point of the retirement age, prime minister Philippe said the legal retirement age would stay at 62, but that longer working lives were the only solution to a shrinking old age support ratio and that an “equilibrium age” needed to be set at 64, with a “bonus malus” system.This would mean that a full pension would only become payable from the age of 64, with reductions for earlier departures and top-ups for later retirement.One of France’s largest trade union groups, CFDT, has been supportive of the move to a universal points-based system to replace the current 42 different schemes, but today said by pursuing the introduction of this equilibrium age the government was crossing “a red line”.CGT, a hardline trade union, called for more industrial action in the wake of the speech, which it said showed the government remained “deaf” to demands from various constituencies.Philippe dedicated a portion of his speech to concerns and calls emanating from certain professions, including the so-called “liberal” professions, which have fears about the fate of the financial reserves built up in their retirement schemes.The prime minister sought to assuage these fears, saying the reserves would stay with the schemes; there would be no “siphoning to close this or that deficit”. TimetableIn terms of the timing of the application of the reform, Philippe unveiled that a pensions reform bill would be submitted to the cabinet on 22 January 2020 and discussed in parliament at the end of February. He pledged a gradual adoption of the new system.It would start operating in 2022 for those entering the labour market from that year, while the generation born in 1975 and before would switch to the new system from 2025. Workers less than 17 years from retirement and current pensioners would be unaffected by the introduction of the new system. In a keenly anticipated speech about the government’s pension reform the French prime minister today defended the move to a universal points-based system but outlined some measures and commitments intended to address concerns about the contentious project.The speech comes after several days of strikes and demonstrations about the reform. Initial reactions from trade unions suggest the government will continue to face vocal opposition.Addressing concerns about pension levels not being maintained under the proposed new system, Edouard Philippe said the law would provide guarantees about the value of a pension point, and that the social partners – trade unions and employers – would be responsible for fixing its value and evolution, under the control of parliament.The switch to a universal system where each day worked generates pension entitlement points was one of president Emmanuel Macron’s main campaign pledges two years ago. Today there are 42 different retirement regimes for different sectors or professional groups, with varying rules for contributions and benefits. In his speech the prime minister also said the social partners would also be given responsibility for deciding, at the latest by January 2021, measures to return the French pension system to financial equilibrium.Last month Conseil d’Orientation des Retraites, which monitors the French retirement system and makes public policy recommendations, forecast a deficit in the system of between €7.9bn and €17.2bn in 2025, equivalent to between 0.3% and 0.6% of GDP.last_img read more

read more

Bonnie Franklin

first_imgBonita M. “Bonnie” Franklin, 73, of Versailles passed away at 1:30pm, Saturday, August 26, 2017 at her home. She was born at St. Paul, Indiana on August 24, 1944 the daughter of Glenn and Anna Marie Hartman Townsend. She was married to Charles Franklin on October 26, 1974 and he survives. Other survivors include two sons Mark (Carla) Franklin of Holton and Geoff (Sarah) Franklin of Osgood; four grandchildren Ethan, Kendra, Nicholas, and Madeline Franklin; one brother Jerry Townsend of North Vernon; two sisters Sara Harding and Linda Collier both of Shelbyville. She was preceded in death by her parents. Mrs. Franklin was a 1962 graduate of St. Paul High School. From 1964 to 1966 Bonnie served as a medic with the US Navy at the Naval Hospital in Jacksonville, Florida. In civilian life she worked as a Postmaster relief person for post offices in Holton, Osgood, Versailles, Friendship, Pierceville, and Osgood, retiring in 2005. She was a former 4-H leader for the Hopewell Clover Bees and also sold ads for 4-H for nine years. Bonnie was a member of the Dabney Baptist Church and one of her greatest thrills was working with the Good News Club at South Ripley for the past nine years. Funeral services will be held on Wednesday, August 30th at 10:30am at the Dabney Baptist Church with Rev. Mike Bell and Rev. Mike Cantrell officiating. Burial will be in the Dabney Cemetery with military graveside rites by the Versailles American Legion. Visitation will be on Tuesday from 5pm to 8pm at the Stratton-Karsteter Funeral Home in Versailles and from 10am until time of services Wednesday at the church. Memorials may be given to the Hospice of South Central Indiana or CEF (Good News Club) in care of the funeral home.last_img read more

read more

Velocita boosts IMCA program with new awards for Junior National Champion, Lady Eagle winner

first_imgAll Velocita awards will be presented at the IMCA national banquet in November. In its ninth season of sponsorship, Velocita again gives custom fire suits to IMCA Modified, IMCA Sunoco Late Model, IMCA RaceSaver Sprint Car, IMCA Sunoco Stock Car, IMCA Sunoco Hobby Stock, Karl Kustoms Northern SportMod, Smiley’s Racing Products Southern SportMod and Mach-1 Sport Compact na­tional champions, and $200 product certificates to other drivers winning Modified, Stock Car and Hobby Stock regional titles.  Event title sponsor Fast Shafts gives Velocita-manufactured fire suits to each of the 30 Modi­fied drivers elected to start the Friday, Sept. 11 All-Star Invitational to be held dur­ing the IMCA Speed­way Motors Super Nationals fueled by Casey’s at Boone Speed­way. Velocita also manufac­tures gloves, shoes and under­wear, crew shirts and jackets. More infor­mation is available at the company’s www.velocita-usa.com website or by calling 336 816-7223. CLEMMONS, N.C. – Awards for IMCA’s Junior National Champion and Lady Eagle winner are new this season, courtesy of Velocita. The Clemmons, N.C., manufacturer expands its IMCA program with awards designated for teen drivers and for female competitors. “The Velocita program has always been very versatile and they jumped at the chance to outfit our Junior National Champion, as well as our Lady Eagle winner in 2020,” IMCA Marketing Director Kevin Yoder noted. “Those are going to be two very deserving drivers and it is only fitting to award them a new fire suit.”last_img read more

read more

Leon Balogun seeks career rebirth at Wigan

first_imgRelatedPosts Gerrard gets Aribo, Leon Balogun boost Several Chelsea players test positive for COVID-19 – Media reports Injury blow for Aribo, Leon Balogun Nigerian international, Leon Balogun, has expressed desire to restart his career after joining Wigan Athletic on loan from Brighton & Hove Albion on Friday. Speaking to Latics TV after his first training session at the Wigan Athletic Training Centre, Balogun said: “I had a good two days to organise some things back in Brighton and now I’m glad I’m here. “I drove up on Sunday, it was a nice peaceful drive, but I was happy to get the journey done because it’s quite a long way. “Joining up with the lads was the perfect timing. I congratulated them on the win against Leeds on Saturday, it was massive for the team. “It was really good to start the week like that, with that kind of spirit. The lads who played in the game tried to keep things low key because they were still in recovery. “I got the chance to meet some of the young kids as well and my first training session was fun, my first day made me very happy to be here. “I’m very impressed with the facilities here. I love the showers, which is a bit funny, but everyone at Brighton will understand. “At Brighton, it’s either hot or cold, here you can change the temperature.” Speaking of Brighton, the 31-year-old explained how former Latics favourite Dan Burn had a part to play in his loan move to the DW Stadium. He said: “I spoke to Dan (Burn) before I travelled here. “He’s a great guy and I know that he has a very successful past at this club, and he’s doing very well at Brighton. “He told me about the manager and the group because he’s still in touch with a fair amount of them. “He said it’s a great group here and a good team, who play good football.” With Latics heading into a home double-header against Preston North End and Middlesbrough off the back of consecutive victories, Balogun added: “The season hasn’t gone as the club wanted so far, but from what I have seen from the footage I watched when I was trying to gather some information about the club, I like what I see. “Now it’s on us to take on this challenge. The win on Saturday was massive and it’s another step in the right direction. I’m happy to come in and play my part in mastering this challenge together.”Tags: Brighton & Hove AlbionLatics TVLeon BalogunWigan Athletic Training Centrelast_img read more

read more

Cricket News IND vs BAN, Highlights, 1st Test Day 2: Agarwal 243, India Lead By 343

first_imgNew Delhi: When one talks about Test pitches in India during the early 90s, the template would be set in this way. The pacers would bowl just a couple of overs to take the shine off the new ball and the spinners would do the bulk of the work. In 2019, in Virat Kohli’s time, this does not hold true. In India’s 13 series dominance at home since 2012, the pacers have laid the template for taking the bulk of the wickets while Ravichandran Ashwin and Ravindra Jadeja have continuously probed away. In Indore, the dominance of the pacers was exhibited in grand style and Bangladesh felt the wrath of Mohammed Shami, Umesh Yadav and Ishant Sharma as they were razed out for 150 on the opening day of the Indore Test against India at the Holkar stadium on Thursday.17:02 hrs IST: That is stumps on day 2. Safe to say, India are on top and Bangladesh are all but out of the Test barring a miracle. Mayank Agarwal the star with 243 and fifties from Ravindra Jadeja and Ajinkya Rahane have put India in a dominant position.16:55 hrs IST: FIFTY! 13th half century for Ravindra Jadeja and out come the sword like celebration. He has been brilliant in the lower order as always. Umesh Yadav continues to hit sixes for fun and India are 482/6, lead by 332 runs.16:42 hrs IST: WICKET! Ebadot does a Sheldon Cottrell like salute! He bowls a good length ball and it nips away, Saha plays down the wrong line, the ball hits the back pad and the off stump goes for a walk. India are 454/6, lead by 304 runs.16:35 hrs IST: Jadeja clobbers another six off Mehidy Hasan and Saha gets India’s lead to 300 by late-cutting the bowler to the third man fence. India are 450/5, lead by 300 runs.16:25 hrs IST: WICKET! Mayank’s epic knock has ended. Flighted ball on leg stump, Mayank looked to slog sweep the ball but it takes a brilliant catch from Abu Jayed near the boundary at deep midwicket to end his knock for 243. Brilliant innings and he gets a standing ovation. India are 432/5, leading by 282 runs.16:18 hrs IST: Jadeja and Agarwal are dealing only in sixes at this point in time. The partnership has gone past 100 and India are 414/4, leading by 268 runs.16:08 hrs IST: Agarwal notches up his highest individual score in Tests and he registers the highest score at the venue as well, beating Virat Kohli’s record of 211 which he hit in the New Zealand Test in 2016. India are 384/4, leading by 234 runs.15:51 hrs IST: DOUBLE CENTURY! What a moment for Mayank Agarwal and he shows that he has traits of Virender Sehwag as he notches up his milestone with a six off Mehidy Hasan. Dances down the track and deposits it over deep midwicket for a massive hit. Take a bow, Mayank. India are 365/4, lead by 215 runs.15:45 hrs IST: Agarwal nears his double ton with a four off Ebadot Hossain and India’s lead has crossed 200. India are 359/4, lead by 209.15:21 hrs IST: Mayank Agarwal clobbers his fourth six and Mehidy Hasan continues to leak runs as the lead swells closer to 200. India are 337/4, leading by 187 runs.14:49 hrs IST: WICKET! Abu Jayed gets his fourth wicket and Rahane will be disappointed with his dismissal. Full ball outside off, Rahane goes for the drive and holes out to Taijul Islam at deep point. India are 315/4, lead by 165 runs.14:16 hrs IST: Mayank Agarwal leads Bangladesh by six runs. His 156*, combined with his stand with Ajinkya Rahane have helped India cross 300 and the lead is also over 150.14:00 hrs IST: The second new ball has been taken and Ajinkya Rahane lifts Abu Jayed for a boundary to square third man. India have crossed 300 and the lead is also past 150. India 301/3, lead by 151 runs. 13:45 hrs IST: Agarwal notches up his 150 in grand style as he whips Taijul Islam to the deep midwicket fence for a boundary. Rahane is also looking good for his century as India’s lead nears 150.13:42 hrs IST: Two massive sixes by Agarwal, one of Taijul and another of Mehidy Hasan. The one of Mehidy disappears out of the stadium. India’s lead is now well over 100 and the partnership has crossed 150. Nothing seems to be stopping Agarwal as he is on 146. India 273/3, lead by 123 runs.13:16 hrs IST: The partnership between Rahane and Agarwal is punishing Bangladesh. They are struggling to break the stand as the lead nears 100. India are 235/3, lead by 85 runs.13:00 hrs IST: 21st fifty for Ajinkya Rahane and he gets there with a flick of Abu Jayed. The partnership between him and Agarwal has gone past 100 and India are in a strong position. They lead by 75 runs.12:36 hrs IST: CENTURY! Take a bow, Mayank Agarwal. He notches up his third century with a tuck off Ebadot Hossain for a couple. He is absolutely jubilant. India are 207/3, lead by 57 runs.12:24 hrs IST: Agarwal pulls Mehidy Hasan to the deep midwicket fence to near his century. He is timing the ball beautifully but he cannot penetrate the gap. India 195/3, lead by 45 runs.11:34 hrs IST: Agarwal nears a century and that is lunch on day 2. India are leading by 38 runs and they will be aiming to take a big lead by the end of the day’s play.11:13 hrs IST: Agarwal is given out by umpire Marais Erasmus as he misses a sweep. He reviews and replays show that there was no bat involved. The only thing that could have saved him was the ball not hitting the stumps and luckily, Hawkeye confirms that the ball was missing leg stump. Agarwal heaves a big sigh of relief and India are 176/3, leading by 24 runs. 10:50 hrs IST: Agarwal jumps down the track and lofts Mehidy Hasan effortlessly to the long off fence for a boundary. India have now taken the lead against Bangladesh. India are 152/3, lead by two runs.10:28 hrs IST: Agarwal and Ajinkya Rahane are looking in great touch as they find the boundary on a regular basis. India are almost close to wiping out the deficit and they are 138/3, still trailing by 12 runs.10:03 hrs IST: WICKET! Massive moment in the game. Abu Jayed, you legend! What a strike and Indore has been silenced. Good length ball outside off and it darts back in off the deck, Kohli plays inside the line of the delivery and gets hit on the back pad, Bangladesh appeal and the umpire does not give it. They go for the review. It is hitting leg stump and Kohli is gone for a silver duck. India 119/3, trailing by 31 runs.09:56 hrs IST: FIFTY! Superb stuff from Mayank Agarwal and he notches up his fourth fifty. He pulls Ebadot Hossain to the deep midwicket fence and he continues his great form. India are 114/2, trailing by 36 runs.09:51 hrs IST: WICKET! Loose shot from Cheteshwar Pujara. Full ball outside off from Abu Jayed and Pujara plays away from the body, the outside edge flies to gully and the catch is taken. Enter King Kohli! India 105/2, trailing by 45 runs. Pujara out for 54.09:42 hrs IST: A warm welcome on day 2 of the Indore Test between India and Bangladesh. Cheteshwar Pujara has notched up a superb fifty and India are piling on the agony against Bangladesh. India will be eyeing a massive lead and put the visitors under immense pressure. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more

read more

Jeffrey wins 6th annual Baker Memorial cycle road race

first_imgAFTER a short stint on the United States cycling circuit, Raynauth `Obeahman’ Jeffrey stamped his authority on the local circuit, winning the feature event of the Linden Bauxite Flyers Cycle Club’s/Baker Memorial Cycle Classic that was staged in Linden on Sunday.Competing in the feature 80-mile road race, Jeffrey covered the distance in a time of two hours 25 minutes 31 seconds. This was Jeffrey’s second victory in the six-year-old event.Team Alanis’ Alonzo Ambrose finished second while Jeffrey’s fellow Team Coco’s member, the in-form Jamal John had to settle for third.The other top three places were filled by Team United’s Andrew Hicks, Team Coco’s Hamza Eastman and Team Evolution’s Paul DeNobrega respectively.Team United’s Briton John won the junior category ahead of Jason Cameron and Adealie Hodge in that order.Hazina Barrett was the first female to cross the finish line. Abigale Jeffrey was second and last year’s winner Byonka Barker placed third.Veteran cyclist Junior Niles (Team Coco’s) continued his dominance of the veterans’ Under-50 category by returning a time of two hours 37 minutes 46 seconds to finish ahead of Leer Nunes and Warren McKay respectively.In the Over-50 veterans category, Andrew Spencer was first to cross the finish line. Second was Garfield Lorimer.The presentation of prizes to the respective winners was done by members of the Baker family of Linden.last_img
read more

Rohr Urges Focus, Commitment ahead Sunday’s S’ final

first_imgSuper Eagles Coach, Gernot Rohr The three-time champions were back at the Aerosport pitch inside the Cairo Airport on Thursday morning to begin training for Sunday’s encounter against Algeria who defeated Cote d’Ivoire 4-3 in penalty shoot out last night.Also on Thursday morning, the management of the Le Meridien Cairo Airport hotel presented a big cake to the Super Eagles for the 2-1 win over South Africa that has taken Nigeria into the last four of Africa’s biggest and most prestigious football championship.The hotel manager, Atef Wilson, on behalf of the management presented the cake to Coach Gernot Rohr and forward Odion Ighalo, who received on behalf of the team.Meanwhile, Rohr has thrown light on his decision to start Samuel Chukwueze and Jamilu Collins in the match against South Africa.The gaffer dropped regular Ola Aina to the bench for Collins while Moses Simon was late substitute for Chukwueze in the make or break on Wednesday in Cairo.Rohr explained that in Nigeria’s match against Cameroon, he did not play natural left footer in the squad but reverted to the conventional style because of the pace of the South Africans.“In the match against Cameroon, we did not play any natural left footer which explains why I dropped Aina for Collins who did very well in that position. We have to understand the fact that we take the games as they come and not that any particular player dropped was out of form.“We suffered to some extent against South Africa whom I have a lot of respect for. It’s unfortunate that they had to play crucial matches within the spate of four days.“After defeating the host country Egypt, we knew that they will play against unfriendly crowd and that also worked to Eagles’ advantage aside the fact that we had more hours of rest before the match,” he concluded.Victory over South Africa took Franco-German Gernot Rohr’s record with Nigeria to 20 wins in 34 matches, of which he has drawn five and lost nineShare this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Explains why he rejigged Eagles against BafanaEven before knowing the identity of their AFCON 2019 semi final opponent, Super Eagles’ Technical Adviser Gernot Rohr on Thursday morning charged his wards to be focused and fully committed to the task at hand as they countenance another tough session on Sunday night at the Cairo International Stadium.“The next match in a championship is always the toughest, so it is always important to approach it that way. That is why we must now forget what we achieved against South Africa in our quarter-final match and start to build up towards the semi-final.“There is no time to rest on our oars. We must make all the sacrifices we can now to achieve our objectives at this tournament. We must stay focused and be fully committed.”last_img read more

read more

Q&A with ’64 alumnus and professional golfer Dave Stockton

first_imgDT: How are you staying involved in the golf world?Stockton: I’m basically stopping my career. I played at Newport Beach last year and will probably play again next year. I enjoy teaching now. I was just listed by Golf Digest as the 13th best teacher in the world. After only teaching for a year and a half, to be ranked that well made me feel pretty good. I wrote a book that’s out now, Unconscious Putting: Dave Stockton’s Guide to Unlocking Your Signature Stroke and it’s sold well [more than] 50,000 copies in a month — 20,000 more than expected. For just turning 70 a couple weeks ago, I think I’m doing rather well. DT: Who did you look up to while in school?Stockton: My dad. He and I became the first father-son to both be All-Americans in the same sport at USC. We both won the Pac-10 individual titles — some 30 years apart. I also really looked up to [fellow golfer] Al Geiberger. I followed him to USC. Al was unbelievable and practically unbeatable in college. He was four years older but we became fast friends on the tour. It was a great friendship. DT: How did your experience at USC impact your career?Stockton: A lot of my classes have come in handy, especially the public speaking courses since I do a lot of motivational speaking nowadays. My education at USC definitely prepared me for what I came on tour to do. Yes, I play golf, but there are lots of problems traveling and dealing with people. It’s not as glamorous as most people would believe it to be. Daily Trojan: Why did you choose to attend USC?Dave Stockton: Both my mom and my dad graduated from USC. I only applied to two schools, Arizona and USC, where I ended up with a golf scholarship. My son went to USC also. That’s three straight generations of All-Americans involved in USC golf. DT: Can you explain the science behind a golf ball?Stockton: You can absolutely buy a good golf game — as long as you’re still mentally in it. For example, when I played my best on tour, I averaged less than 245 yards off the tee. Flash-forward 35 years and I’m averaging over 255. I didn’t change — the clubs did. If you have a shaft and a little wrench, you can whip a club together in about seven seconds. If the ball goes too far to the right, you change the screw in the toe. Too far to the left and you change the screw in the heel. If the face isn’t quite right, you can change the sole on the bottom of it — there are so many different ways to improve.center_img DT: How did you get involved with the Chevron Educational Program?Stockton: I was asked a couple weeks ago. I’m looking forward to doing work with the kids; this is right down my wheelhouse. I’m really looking forward to the task of motivating these kids to think outside of the box and have math and science mean something to them. Dave Stockton graduated from USC in 1964 with a bachelor’s in general management. In 1964, Stockton won the Pac-10 men’s golf individual title and was an All-American golfer. Stockton is a two time PGA Championship champion.In 1996 Stockton wrote Dave Stockton’s Putt to Win: Secrets for Mastering the Other Game of Golf and has since helped professionals golfers, including Phil Mickelson. He recently became involved in the Chevron Educational Program, an auxiliary education program sponsored by Chevron to increase science, technology, engineering and math in schools across the country.Photo courtesy of Gary LeonardAs part of the Chevron Educational Program, Stockton taught “The Science of Golf” at the Wallis Annenberg Building for Science Learning and Innovation at the California Science Center in Exposition Park on Thursday. DT: Any words you’d like to share with the Trojan Family?Stockton: I take a lot of pride in the fact that my family is made up of Trojans. I spend a lot of time going to all of the football games and visiting the museums. I live and die with the football team and all the other sports. … I’m very proud to be a Trojan.last_img read more

read more