Latest news with #McClough
Libya Observer
04-07-2025
- Sport
- Libya Observer
Basketball playoffs: Al-Ahly Benghazi takes a 2–0 lead
Al-Ahly Benghazi has taken a commanding 2–0 lead over rivals Al-Ahly Tripoli in the opening matches of the Libyan Basketball Premier League finals. Due to renovations at the Suleiman Al-Darrat Hall, the first two games of the playoffs were held at Al-Hilal Club's arena in Benghazi. Last season's runner-up, Al-Ahly Benghazi, clinched a nail-biting first win (82–80). Defending champions and African title-holders Al-Ahly Tripoli struggled without their injured captain Mohamed Al-Saadi. The team also faced difficulties with the delayed chemistry between Americans McClough and Vital, coupled with underwhelming performances from Nassim Badrosh, Wagdi Omran, and Anis Al-Mansouri. Al-Ahly Benghazi capitalized again in game 2, securing a more comfortable victory (80–68), widening the gap to two games in the best-of-five playoffs. According to the finals, the next three games will move to the Tripoli Arena, starting Friday, with no audience. Coach Fouad Abou Chacra's Tripoli side will be hoping for a leave-it-all-on-the-court comeback to claim their ninth title. Meanwhile, fellow Lebanese coach Joe Ghattas will be aiming to seal the playoffs with a third consecutive win and deny the capital's team a chance for a fourth or decisive fifth game. The championship follows a best-of-five format, with the first team to secure three victories crowned Libyan champions.
Yahoo
26-02-2025
- Business
- Yahoo
Egg prices not likely to fall
Feb. 26—LIMA — The price of a dozen extra large eggs at the Lima Meijer stood at $5.99 on Sunday, Feb. 23. Down the road, the Mercer County Board of Commissioners declared a state of emergency from the recent outbreak of H5N1 influenza, or bird flu. As of Monday, the Ohio Department of Agriculture reported more than 14 million birds affected in Ohio, mainly in Mercer and Darke counties, something that has caused area farms to destroy entire populations of their poultry stock and has even resulted in one human infection out of Mercer County ( "The reason why eggs are so high in this part of the country is because there are roughly 160 million poultry in the state of Ohio, and as of Feb. 7, we've had to euthanize 11 million birds because of avian flu," farmer Mark Goecke said at Monday's Lima Rotary Club meeting. "From the point of diagnosis to 48 hours, the birds will all end up dying anyway. The USDA is allowing the flocks to be killed because you don't want them to spread to the next place, and 11 million birds is a lot less compared to the 160 million in the entire state." The Trump administration has announced plans to reduce the number of chickens killed by the Highly Pathogenic Avian Influenza outbreak by stressing vaccinations and tighter biosecurity. "All of the inputs that go into making eggs — feeding them, cleaning them and keeping them well, as well as feed, fuel, labor and anything else that goes into running the farm is going to contribute to making eggs more expensive," ONU economics professor David McClough said. "But then to be slaughtering millions upon millions reduces the supply. And that, of course, lets the demand adjust equally quickly and you're going to have this situation where prices rise." High demand combined with scarcity might lead to hoarding or buying in bulk, as well. "That's going to put upward stress on demand in and of itself," McClough said. "And that's going to be inflationary, as well because the stores will be able to raise the price even further." The high prices could last even beyond any kind of recovery solely because of how important eggs are to consumers. "I wouldn't discount too much the fact that really expensive eggs are necessarily going to result in people buying fewer eggs," the professor added. "The same thing is going on at restaurants, where they buy eggs, and there is a $1.50 surcharge on each egg. That's not insignificant." McClough said this is a way of rationing goods, and the consumers who value eggs the most will still pay for them. "For those of us who don't think a three-egg omelet is worth it, we won't," he said. "The problem for you and me going forward is that restaurants in particular are going to discover there are a lot of people who don't mind paying an extra five dollars. So don't be surprised if the price doesn't go down once the situation passes." The Associated Press reported the skepticism of experts when faced with the question of preventing cross-contamination and vaccination among flocks. The AP ( cited experts who said most U.S. trading partners do not accept exports from countries allowing vaccinations, that vaccinations are too expensive and difficult to administer and that limiting outbreaks with tighter biosecurity requires an incredible amount of work. The AP recently cited the Bureau of Labor Statistics charting the average price for a dozen eggs at $4.95 as of this January. Reach Jacob Espinosa at 567-242-0399.
