Libor Pala

Libor Pala (born 22 July 1961) is a Czech football coach. As well as leading teams in his native Czech Republic, he has coached clubs in Poland and the Middle East. He started his coaching career at the age of 28.

Before heading into management, Pala played football, although he only reached the Czech 2. Liga. Pala was the manager of FC Karviná in the 2000–01 Czech 2. Liga. He led Polish side Nowy Dwór into the 2003–04 Ekstraklasa, before moving to manage Lech Poznań.

Pala joined Ústí nad Labem in 2007, but his side were quickly knocked out of the 2007–08 Czech Cup in their first game.

References

Pala

Pala may refer to:

Culture

Places

Palaú

Palaú is a town in the Mexican state of Coahuila. It is located on the eastern boundary of the Chihuahuan Desert, in the municipality of Múzquiz. Temperatures in the summertime can easily reach 45 degrees Celsius and the winters are mild but wet. The main industry is coal mining.

When an Austrian engineer discovered these energy riches in the late 19th century, the northern portion of Coahuila quickly transformed from a sparsely populated region of cattle ranchers to an industrial powerhouse. Thousands of Japanese immigrants came seeking work; some of their descendents, with Japanese surnames, are still here.

Coahuila coal feeds steel mills in Monclova and Monterrey, the country's third-largest city. Two coal-fired electric plants near the U.S. border supply as much as 8 percent of Mexico's electricity.

Population (INEGI 2005): 16,133 (men 8,063; women 8,070)

References

Coordinates: 27°55′N 101°25′W / 27.917°N 101.417°W / 27.917; -101.417

Pala (surname)

The surname Pala may refer to:

Libor

The London Interbank Offered Rate is the average of interest rates estimated by each of the leading banks in London that it would be charged were it to borrow from other banks. It is usually abbreviated to Libor (/ˈlaɪbɔːr/) or LIBOR, or more officially to ICE LIBOR (for Intercontinental Exchange Libor). It was formerly known as BBA Libor (for British Bankers' Association Libor or the trademark bbalibor) before the responsibility for the administration was transferred to Intercontinental Exchange. It is the primary benchmark, along with the Euribor, for short-term interest rates around the world.

Libor rates are calculated for 5 currencies and 7 borrowing periods ranging from overnight to one year and are published each business day by Thomson Reuters. Many financial institutions, mortgage lenders and credit card agencies set their own rates relative to it. At least $350 trillion in derivatives and other financial products are tied to the Libor.

In June 2012, multiple criminal settlements by Barclays Bank revealed significant fraud and collusion by member banks connected to the rate submissions, leading to the Libor scandal. The British Bankers' Association said on 25 September 2012 that it would transfer oversight of LIBOR to UK regulators, as proposed by Financial Services Authority managing director Martin Wheatley's independent review recommendations. Wheatley's review recommended that banks submitting rates to LIBOR must base them on actual inter-bank deposit market transactions and keep records of those transactions, that individual banks' LIBOR submissions be published after three months, and recommended criminal sanctions specifically for manipulation of benchmark interest rates. Financial institution customers may experience higher and more volatile borrowing and hedging costs after implementation of the recommended reforms. The UK government agreed to accept all of the Wheatley Review's recommendations and press for legislation implementing them.

Libor (disambiguation)

Libor is the London interbank offered rate.

Libor may also refer to:

See also

Libor (name)

Libor is a Czech masculine given name of Latin origin, derived from libare 'sacrifice' or from word liborius free.

Nicknames

Libby, Liborek, Borek

People with name Libor

See also

Articles