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10 months agoKeane: Man Utd must sell Pogba

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Keane: Man Utd must sell Pogbaby Paul Vegas10 months agoSend to a friendShare the loveManchester United legend Roy Keane says Paul Pogba needs to be sold.Pogba watched on from the bench as United lost 3-1 at Liverpool yesterday.”I think the players are giving everything. I think there’s one or two players not on top form, Pogba on the bench,” Keane told Sky Sports. “Come the summer you move him on, he’s left United before. I just think they’re short, defensively they’re short.”Man United that’s where they’re at, I guess fourth is the best they can get. If you came down from the Moon and knew nothing about Manchester United, you’d think they were an average Premiership side.”Some of these players are not good enough.” last_img read more

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Nuns funds and guns the firearms debate on Wall Street

first_imgNEW YORK, N.Y. – Some of Wall Street’s heaviest hitters are stepping into the national debate on guns as investment firms ask firearms makers what they are doing about gun violence.The firms speak softly, but because they own trillions of dollars’ worth of stock, their voices travel far. And they’re now joining forces with some unusual allies, including smaller and untraditional investors. In this context, the investment fund BlackRock, which owns big stakes in three different gun makers, might end up working alongside a group of nuns.Sister Judith Byron, the director and co-ordinator of the Northwest Coalition for Responsible Investment, says her group and BlackRock appear to have similar ideas when it comes to gun manufacturers and retailers. Following the killing of 17 students and teachers at Marjory Stoneman Douglas High School in Parkland, Florida, funds like BlackRock started asking gun manufacturers what they are doing to reduce the risks of gun violence, and asking retailers how much they make from selling guns.Byron says her group, a coalition of religious communities and health care systems, invested in firearms makers a decade ago and has been working on gun safety issues for years. In the last few months the coalition introduced resolutions pushing American Outdoor Brands, Sturm Ruger and retailer Dick’s Sporting Goods to give reports to investors about the steps they are taking to reduce gun violence.“We’re hoping we can engage these big investors and encourage them to vote for our resolutions,” she says.Some larger investors have similar views. The biggest public pension funds in the U.S., CalPERS, recently refused to sell its investments in companies that sell assault rifles. It says that by remaining an investor, it’s been able to get those companies to make positive changes.The nuns aren’t protesters, and they don’t carry props or signs to disrupt board meetings, although they sometimes work alongside groups that use those tactics. Byron says some of the shareholder meetings she’s attended have been downright pleasant, with investors and board members thanking her for asking questions.Support from investment firms was crucial to the coalition’s big success last year when, after decades of work, it backed a successful resolution that required oil giant Exxon Mobil to disclose the effects climate change is having on its business.Erik Gordon, a professor at the University of Michigan’s Ross School of Business, said companies are often reluctant to risk any sales in order to do the responsible thing. But it does sometimes happen, as when CVS stores stopped selling cigarettes in 2014. He said activists deserve most of the credit for getting the funds to speak out.“BlackRock didn’t wake up one morning and say, ‘We are going to take a different approach to investing, it’s the right thing to do,’” he said. “It’s a reaction to the activists.”The top priority of firms like BlackRock, State Street and mutual fund company Vanguard is to make as much money as possible for their clients. But because they own so much stock, they can wield a lot of influence: They can support new directors who want to change the direction of the company and back proposals that change the way it operates.BlackRock is a major shareholder in gun makers Sturm Ruger, American Outdoor Brands, and Vista Outdoor Brands. About a week after the shooting in Parkland, BlackRock said it wanted to speak with the three firearms makers about their responses to the tragedy. The fund said it is looking into creating new investment funds for investors that exclude firearms makers and retailers, and if many funds and investors followed suit, that would affect the price of those stocks.In a letter to BlackRock, American Outdoor Brands said it supports steps that will promote gun safety while protecting the rights of firearm owners. The company said it backs measures including improved background checks and improved support for people with mental illnesses, but said it’s opposed to “politically motivated action” that won’t improve public safety. Sturm Ruger did not immediately respond to a request for comment.In other words, there are limits to the funds’ power. They aren’t choosy investors and won’t dump the gun makers no matter what they say. That’s because their main investment strategy to invest in huge numbers of companies, including every stock listed on the Standard & Poor’s 500 index.According to Todd Rosenbluth, CFRA’s director of research into funds and exchange-traded funds, that means BlackRock and Vanguard don’t have that much leverage compared to activist investors or hedge funds. Those investors can have more dramatic effects on individual companies because they can buy up the stock, run for seats on the board themselves, or threaten to sell the shares if they don’t like the company’s choices.“They can use their wallet and sell the shares or they can pressure the companies and threaten to sell the shares if actions aren’t taken,” said Rosenbluth. So far, he said those investors aren’t really getting involved in the debate.Still, there have been changes: Dick’s, Walmart, Kroger and L. L. Bean have all said they will no longer sell guns to shoppers under the age of 21. Rosenbluth said that has more to do with the ongoing national debate about gun safety and regulations than anything the investment firms have said, and he believes laws will ultimately have a larger effect.But Byron, who also wants new gun laws, says she is encouraged by the response from corporate America.“We see companies taking leadership roles in environmental and social issues, which is encouraging,” said Byron, adding that as shareholders, “they’re our companies. We own them.”last_img read more

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GMs push into new technologies expected to boost peertopeer car sharing

first_imgTORONTO — General Motors signalled a major pivot towards new technologies and mobility platforms when it announced the closing of its Oshawa assembly plant, but it will be playing catch-up to start-ups that have pioneered in the field.One of the spaces it’s pushing into is peer-to-peer car sharing, which GM added to its Maven app in July in the U.S., as it tests out new models of transportation in an evolving market.“What we truly believe is as society progresses, shareable assets will be the most desirable to own,” Julia Steyn, vice-president of urban mobility and Maven at GM, said at a recent technology conference.“People don’t want anymore, to have the dream that their parents had, which is they don’t want half of their paycheque to go to housing and transportation. And so that’s just fundamentally what’s happening in the world.”Still in a pilot phase, the peer-to-peer platform allows GM customers to rent out their vehicles, offsetting some of the costs of ownership.“The wasted assets that the car represents when it sits there 95 per cent of the time, idle, is ridiculous. So you want to be able to monetize it,” Steyn said.Canadians don’t yet have the option of using Maven’s peer-to-peer sharing option and its more conventional service of renting company vehicles is only available in Toronto, but Steyn said the company plans to “aggressively grow in Canada.”When it does expand the service to Canada, it will find competition in Turo, which has been operating a peer-to-peer car sharing service in Canada for more than two years and in the U.S. for a decade.Turo, however, welcomes the news of Maven’s expansion plans.“It just shows that this type of car sharing model is becoming more mainstream,” said Cedric Mathieu, director of Turo Canada.“And I do think the more players in the space, the more people will hear about it, and the benefits of this model.”The model allows drivers to list any vehicle on the app, with a few restrictions on its age, mileage, and condition, and then rent it out along a similar idea to Airbnb.“The concept is simple, but the mission is pretty ambitious, because it’s really about putting the world’s billion-plus cars to better use,” said Mathieu.The company believes the platform solves many of the issues such as parking, variety and supply that have prevented other car-sharing efforts from delivering on the promise of the concept.The efficiency of the model and the technology behind it, has allowed for rapid growth, Mathieu said.  “You can grow this extremely fast. That I think really is shown by our numbers in Canada. In just two and a half years, we now have 16,000 cars listed, 4,000 cars available to book on a daily basis.”The company says that as of early November, cars listed on Turo had been shared for 3.2 million hours this year, or about 133,000 24-hour rentals, while car owners are earning an average of $600 a month. The revenue helps those who need to own a car offset the costs, while allowing those who can generally do without a car to get access to one when they need it at a potentially lower cost, said Mathieu.As the first-mover in Canada, Turo has also pushed to solve the insurance issue of renting out a personal vehicle for money.The company has partnered with Intact Insurance to provide a separate insurance product that only kicks in for rentals and is separate from the owner’s primary insurance. Intact has partnered with Uber on a similar model.The system is still evolving, so owners looking to rent their vehicles still need to check if their insurance allows the system, as do renters who might want to use their credit card insurance. Turo is also only available in Ontario, Quebec and Alberta because of insurance issues in other provinces, but both Intact and Turo are working to expand.But while the company has signed up thousands of people, experts don’t expect a quick shift away from ownership.Some estimates suggest that 20 per cent of mobility will move to shared mobility in the next couple of decades, said Shauna Brail, a director at the University of Toronto’s urban studies program.“It is a slow transition, but it is a really significant transition, and it’s one that absolutely impacts the bottom line of these established automotive firms, which is why they’re all involved in looking at new models and investing probably billions of dollars in a variety of new models.”As the market grows and companies fight for market share, the lines between each will blur, Brail said.  “We’re no longer looking at automotive firms and car rental agencies, and car sharing, we’re just looking at mobility.” Ian Bickis, The Canadian Presslast_img read more

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Could Tesla price cuts mean demand is slowing

first_imgDETROIT — Tesla made about 9,300 more vehicles than it delivered last year, raising concerns among industry analysts that inventory is growing as demand for the company’s electric cars may be starting to wane.If demand falls, they say, the company will enter a new phase of its business. Like other automakers, Tesla will have to either cut production or reduce prices to raise sales. A drop in demand could also curtail the company’s earnings and jeopardize CEO Elon Musk’s promise to post sustained quarterly profits.On Wednesday, Tesla did cut prices, knocking $2,000 of each of its three models. The company said the cuts will help customers deal with the loss of a $7,500 federal tax credit, which was reduced to $3,750 this month for Tesla buyers and will gradually go to zero by the end of 2018.“They have for a long time had more demand than supply,” Gartner analyst Michael Ramsey said. “It’s becoming apparent that that dynamic is changing.”Tesla reported that it produced 254,530 cars and SUVs last year and delivered 245,240.The company’s deliveries for the full year matched Wall Street estimates, but its figures for the fourth quarter didn’t reach expectations. Tesla said it delivered 90,700 vehicles from October through December. Analysts polled by data provider FactSet expected 92,000.Jeff Schuster, a senior vice-president at the forecasting firm LMC Automotive, said demand for Tesla’s lower-priced Model 3 has been artificially high for the past six months as the company overcame production problems at its Fremont, California, factory.“You’ve had these inflated months because of delayed deliveries,” Schuster said. “We’re probably getting to that point where we’re getting to equilibrium and consumers aren’t necessarily waiting for vehicles.”Last year, Tesla reported that about 420,000 buyers had put down $1,000 deposits to join the Model 3 waiting list.LMC predicts that Tesla U.S. sales will rise in 2019 because it’s the first full year on the market for the Model 3. It anticipates sales to then fall by about 10,000 in 2020.Losing the tax credit will hit those who have been holding out for the $35,000 version of the Model 3, Schuster said. At present, Tesla is selling only versions that cost more than $45,000. Under federal law, buyers get the full tax credit until a manufacturer reaches 200,000 in sales since the start of 2010. Tesla hit 200,000 in July but the full credit continued for vehicles delivered by Dec. 31. It was cut in half on Jan. 1 and will go away by the end of the year.“You’ve had your early adopters, those early followers have already come in” to buy, Schuster said. “Now you’re trying to appeal to the mainstream market. I think that will have an impact on overall demand.”At the same time, inventory appears to be swelling. The company parked hundreds of cars at lots and Tesla stores all over the country at the end of last year, which could indicate excess stock. Tesla wouldn’t give inventory numbers but said it has lower stocks than its two biggest competitors, BMW and Mercedes.The Associated Press found one lot on the north side of Chicago where Tesla was storing dozens of vehicles in late December, and Mark Spiegel, a hedge fund manager who bets against Tesla stock, said other lots were full across the country.Tesla said it sometimes stores vehicles on lots as they’re being shipped to company dealerships across the nation. The lot in Chicago has fewer cars on it today, the company said. “Our inventory levels remain the smallest in the automotive industry,” the company said Wednesday.Tesla also says Model 3 sales should grow worldwide as it expands distribution and begins to offer leases. Deliveries in Europe and China will start in February, and a right-hand-drive version is coming later in the year, the company said.In addition, inventory dropped in the fourth quarter as Tesla “delivered a few thousand vehicles more than produced.”Tesla said it had about 3,000 vehicles in transit to customers at year’s end. But even with that number, Schuster said production still exceeded deliveries, which doesn’t fit Tesla’s business model of building cars when they are ordered by customers. Still, even at 9,300, Tesla’s inventory is smaller than other automakers that have to stock dealerships, Schuster said.Tom Krisher, The Associated Presslast_img read more

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Opposition scared indulging in scaremongering Modi

first_imgBhagalpur (Bihar): Prime Minister Narendra Modi on Thursday launched a scathing attack on the Congress-led opposition, asserting that the “mahamilavati gang” is scared that if he comes to power again, their “shops” of corruption and dynasty politics will shut down. Addressing an election rally here, Modi also said the opposition wants to strip the armed forces of their special powers, while the NDA government strives to give full liberty to jawans to deal with terrorists and Naxals. Also Read – India gets first tranche of Swiss bank a/c details “The mahamilavati gang is actually afraid of something else though it may have other pretensions while scaremongering. They fear that if Modi comes to power again, their shops of corruption, dynasty politics and venal defence deals will shut down,” he said. The prime minister said his government has been making efforts to bolster the quota system introduced by Baba Saheb Ambedkar. “They are saying that if Modi comes to power again, elections would be done away with. All constitutional bodies will be under threat. And reservations will be done away with. “The fact remains, this ‘chowkidar’ of yours has been making all efforts to strengthen the quota system introduced by Baba Saheb Ambedkar,” Modi said. Bihar will witness a seven-phase polling for its 40 Lok Sabha seats.last_img read more

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HC grants time to ED to file response on maintainability of Robert

first_imgNew Delhi: The Delhi High Court on Thursday granted more time to the Enforcement Directorate (ED) to file an affidavit regarding the maintainability of Robert Vadra’s plea seeking quashing of a money laundering case in which he was questioned by the probe agency.A bench of Justices Hima Kohli and Vinod Goel directed the ED to file the response within a week and listed the matter for further hearing on July 18. The court asked Vadra and his close aide Manoj Arora to file their rejoinder to the ED’s affidavit in two weeks thereafter. Also Read – 2019 most peaceful festive season for J&K: Jitendra SinghCentral government standing counsel Amit Mahajan, appearing for the ED, said the short affidavit was almost ready and they require some more time to file it. The court had earlier on March 25 asked the probe agency to file its response in the form of an affidavit regarding the maintainability of two separate but similar petitions by Vadra and Arora within two weeks. The ED had opposed Vadra’s plea, saying it was not maintainable as he “wilfully suppressed” material facts from the court. Also Read – Personal life needs to be respected: Cong on reports of Rahul’s visit abroadIt had contended that the plea of Vadra, brother-in-law of Congress president Rahul Gandhi, was an abuse of process of law. When he feared that “law will catch him, he challenged the PMLA provisions”, it had added. The ED case relates to allegations of money laundering in the purchase of a London-based property at 12, Bryanston Square, worth 1.9 million pounds. The property is allegedly owned by Vadra. Vadra has also sought that various provisions of the Prevention of Money Laundering Act (PMLA), 2002, be declared unconstitutional. Vadra has sought in his plea that Sections 3, 17, 19, 24, 44 and 50 of the PMLA be declared ultra vires or unconstitutional.last_img read more

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Deschamps admits they could do better

first_imgFrance international team’s coach Didier Deschamps admitted the squad could, in fact, do better after they won the controversial clash with Australia with a result of 2-1.The European team were the first team to make use of the video assistant referee technology and were awarded a penalty, which caused debates. Eventually, it was converted by Antoine Griezmann.“It was not easy, but winning the first match is very important,” Deschamps told SkySports.“It was complicated today with a team who gave us a hard time.”Euro 2020Report: Euro 2020 qualifying Group H George Patchias – September 11, 2019 Euro 2020 qualifying Group H is being controlled by France and Turkey, but Iceland is still in with a shout.Reigning world champions France ran…“It’s hard to explain everything. We missed a change of pace, a little juice.”“At the end of the match, we had a few more opportunities. It’s hard for everyone, apart from the first match of the Russians against Saudi Arabia (a 5-0 win),” Deschamps went on to add.“We did the job. But we can do better, do a lot better.”France will be facing Peru next Thursday in the next game of the group.last_img read more

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Balotelli absent in Vieiras first training session at Nice

first_imgMario Balotelli was absent from Patrick Vieira’s first official training session as the new head coach of OGC Nice as the side begun their pre-season training programmeThe Frenchman recently ended his two-and-a-half year stay with New York City FC in the MLS to replace new Borussia Dortmund boss Lucien Favre at the Ligue 1 club.But one of the key challenges that Vieira will face in his first few months in charge of Nice will be sorting out the future of Balotelli, who is expected to leave this summer after resurrecting his playing career in France.Balotelli scored 26 goals in 38 appearances in all competitions last season and was recalled to the Italy squad by new head coach Roberto Mancini.The 27-year-old’s contract at Nice expired on June 30, but the French club can still reportedly claim €10m from whichever club he decides to join.Neymar responds to PSG criticism with a stunning winner Tomás Pavel Ibarra Meda – September 14, 2019 Despite all the backlash he got today at Parc des Princes, Neymar responded by scoring a stunning winner vs Strasbourg.We all knew that Neymar’s…Balotelli’s teammate and fellow forward Alassane Plea was also absent.“We were supposed to have all the players (available). Unfortunately, those two weren’t there,” Vieira said, according to the Daily Mail.“We’re trying to get to the bottom of it.”When asked about Balotelli, he added: “We were expecting him today. He wasn’t here and it wasn’t foreseen.”last_img read more

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Watford legend tips Abdoulaye Doucoure to leave for PSG

first_imgTommy Smith expects Abdoulaye Doucoure to leave Watford for a big money move to Paris Saint-GermainThe French midfielder has thrived at Vicarage Road following his arrival in 2016 from Ligue 1 side Rennes, which has led to reports of interest from bigger clubs.Liverpool and Everton have both been linked with Doucoure recently, but Smith believes PSG are the favourites to make a £50m bid in this month’s transfer window.“He’ll be a huge loss if he does leave and ultimately he probably will do,” Smith told Love Sport Radio.“When you’re talking about clubs the size of PSG, Champions League football and titles, for any player that’s going to be attractive.“When you’re talking £50m for a player, for a club like Watford that’s enormous. I think if that is the kind of interest, it will only be a matter of time.”Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.The former winger compared Doucoure to fellow French midfielder and Arsenal legend Patrick Vieira, who now coaches OGC Nice in Ligue 1.“I’ve seen him play a number of times and he’s an exciting talent who can score goals as well,” added Smith.“He’s a Vieira-esque midfielder who gets up and down and gets in both boxes.“He’s quite physical and he’s good on the ball as well so I’m not surprised by the interest.”Doucoure didn’t feature in Watford’s 2-0 FA Cup win over National League side Woking on Sunday.last_img read more

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Lea Michele Bebe Rexha To Serve As American Idol Duet Partners

first_imgNews Luis Fonsi, Sugarland and Cam also among those slated to perform with top 24 contestants on the popular singing competition TV show Renée FabianGRAMMYs Mar 2, 2018 – 5:01 pm Who knew when “American Idol” left the air in 2016 after 15 seasons it would be back for our viewing pleasure so soon? Now we’re just days away from the show’s reboot, and we’ve got some new intel on what viewers can expect from the singing competition we know and love.On March 2 “American Idol” announced the celebrity artists who will be joining the top 24 show contestants for a special evening of duets sometime in April. These include Banners, Aloe Blacc, Bishop Briggs, Cam, Colbie Caillat, Luis Fonsi, Andy Grammer, Lea Michele, Train’s Pat Monahan, Rachel Platten, Bebe Rexha, Sugarland, and Allen Stone.Previously announced judges for the series include Katy Perry, Lionel Richie and Luke Bryan, with Ryan Seacrest reprising his esteemed role as host.Will you be watching? The season premiere will air March 11 on ABC.Catching Up On Music News Powered By The Recording Academy Just Got Easier. Have A Google Home Device? “Talk To GRAMMYs” Lea Michelle, Bebe Rexha Join “American Idol” lea-michele-bebe-rexha-serve-american-idol-duet-partners Lea Michele, Bebe Rexha To Serve As “American Idol” Duet Partners Facebook Twitter Email last_img read more

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Myanmar team to visit Dhaka next week to talk Rohingya issue

first_imgA Myanmar team will arrive in Bangladesh next week to discuss the mass exodus of Rohingya, an official said Tuesday, amid huge diplomatic efforts to find a durable solution to the crisis.The team are “coming early next week,” Bangladesh’s Foreign Secretary Shahidul Haque told AFP, saying they would be working on the Rohingya issue but not giving further details.A senior foreign ministry official said the team was expected to be led by Myanmar’s Minister of the Office of State Counselor, Kyaw Tint Swe.Dhaka had earlier invited the minister for talks before the latest eruption of violence in Myanmar’s Rakhine state triggered one of the world’s worst refugee crisis in recent decades.The announcement comes as the UN said 480,000 Rohingya Muslims have fled to Bangladesh’s southeastern border region since August 25.Between the new arrivals and some 300,000 Rohingya who were already living in the area due to previous violence in Myanmar, there are now nearly 800,000 refugees in camps around the Bangladesh border town of Cox’s Bazar that are bursting at the seams.The situation has forced new arrivals into makeshift shelters in grim conditions, and sparked warnings that epidemics, including cholera, could easily spread.The bilateral talks come as Dhaka mounts a huge diplomatic effort to find a permanent solution to the Rohingya problem and make Myanmar take back all the refugees to their homeland in Rakhine.The latest military operation was sparked by attacks carried out by Rohingya militants on police posts on August 25.Bangladesh’s prime minister Sheikh Hasina on Thursday proposed creating UN-supervised safe zones inside Myanmar to protect Rohingya Muslims fleeing a military crackdown.Hasina accused Myanmar authorities of laying landmines on the border to prevent the Rohingyas from returning and said the United Nations must take immediate measures to find a solution to the crisis.She laid out a five-point plan that called for the protection of the Rohingyas in “safe zones that could be created inside Myanmar under UN supervision.”The United Nations has described the military operation as “ethnic cleansing” and French President Emmanuel Macron went further, describing it as a “genocide.”Myanmar must stop the violence and “the practice of ethnic cleansing”, agree to allow a UN fact-finding mission, ensure the return of refugees and abide by a report that recommends citizenship for the Rohingya, said Hasina. Rohingya are currently denied Myanmar citizenship.There has been mounting international outrage over the plight of the Rohingya, prompting the UN Security Council this month to call for an end to the violence.last_img read more

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Infrastructure Repairs After Harvey Expected To Exceed 100 Million In Harris County

first_img Share Photo by Harris County Flood Control DistrictErosion, failed concrete, sinkholes and slope failures are some of the problems that the Harris County Flood Control District notes need to be fixed in the county’s drainage infrastructure because of the damages caused by hurricane Harvey.The Harris County Flood Control District (HCFCD) expects the total cost of repairs of drainage infrastructure after Hurricane Harvey to exceed $100 million.The HCFCD noted in a news release that it has identified more than 500 repair projects that cover over 150 channel miles across Harris County’s 22 watersheds.Erosion, failed concrete, failed pipes, sinkholes and slope failures are some of the problems that the HCFCD notes need to be repaired.Repairs in Buffalo Bayou’s south slope, near Briar Forest Drive and Gessner Road, and in a section of Brays Bayou near Calhoun Road are two examples of operations that are already underway. Executive Director of HCFCD, Russ Poppe, said that repairing the damage “will require sustained effort over many months.”The projects will be submitted to the Federal Emergency Management Agency (FEMA) and other federal agencies that assist in disaster recovery for reimbursement under the federal Hurricane Harvey disaster declaration.last_img read more