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Knight Frank Wealth Report 2015: Which is the world’s hottest luxury property market?

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Knight Frank Wealth Report 2015: Which is the world’s hottest luxury property market? Share Show Comments ▼ Jessica Morris Thursday 5 March 2015 4:40 am The world’s richest individuals are piling into properties in the world’s most expensive cities, pushing up prices of luxury homes.The value of luxury residential property across the world rose by an average of about two per cent last year, based on prices in the 100 locations covered by Knight Frank’s Prime International Residential Index (PIRI). Four of the top 10 spots went to the United States, as New York (18.8 per cent) and Aspen (16 per cent) took first and second place. And across the US, average luxury property prices rose almost 13 per cent, pushing it way ahead of the competition in Europe, which achieved an average of 2.5 per cent growth.However, London’s prime property market remained stagnant, largely due to recent changes the stamp duty. When the changes were announced, wealthy buyers rushed transactions through in order to avoid the sting.”Recent hikes in stamp duty … have curtailed the rate of price growth for properties worth over £2m in London, holding overall prime price growth at 5.1 per cent for the year,” the report said.Here are the world’s hottest luxury property markets:RankCity1.New York2.Aspen3=Bali3=Istanbul5.Abu Dhabi6.San Francisco7. Dublin8.Cape Town9.Muscat10.Los Angeles11.Auckland12.Jakarta13.Sydney14.Tel Aviv15.Bengaluru16.Amsterdam17.Miami18.Berlin19=Washington DC19=Johannesburg21.Melbourne22.Tokyo23=Verbier23=Munich25=Vancouver25=Frankfurt27.Sao Paulo28.Toronto29.Riyadh30.Doha32=Madrid32=London32=Bangkok35.Mustique  center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealth Gut BoostRandy Jackson: This 3 Minute Routine Transformed My HealthHealth Gut BoostMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekGundry MD Bio Complete 3 SupplementTop Heart Surgeon: This Simple Trick Helps Empty Your Bowels Every MorningGundry MD Bio Complete 3 Supplementzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesGameday NewsNASCAR Drivers Salaries Finally ReleasedGameday NewsDiscovery29+ Fascinating U.S. Navy WarshipsDiscoveryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Tags: NULLlast_img read more

Charlotte County Jail aims to reduce recidivism with training program

first_imgEnglewood mother joins teenage son behind bars for involvement in accidental shooting June 16, 2021 Man in custody after shooting at Charlotte County RV park June 1, 2021 Advertisement“The IN2WORK program is an opportunity to help build marketable job skills and self-esteem that can carry people into productive lives after their experience here,” Charlotte County Sheriff Bill Prummell said. “It is our goal is to offer the program to both male and female offenders at the facility.”Students accepted into the program receive a certification from Strayer University upon completion. When inmates are released, Aramark urges graduates to apply for a scholarship to continue their education.“We have had the IN2WORK program in place for 10 years and it has continued to have a positive impact for the offenders who graduate, as well as and the larger community,” Tim Barttrum, President of Aramark’s Correctional Services group, said. “It is our goal to help offenders start over with a number of resources, to return to society as rehabilitated, productive citizens to the community.” AdvertisementTags: Charlotte County jailCharlotte County Sheriff’s Office Skateboarder causes $3,500 in damages at Charlotte County Catholic school June 5, 2021 RELATEDTOPICS CHARLOTTE COUNTY, Fla. — Some inmates at the Charlotte County Jail will have to opportunity to gain retail skills that will help them transition back into society.Aramark’s IN2WORK program teaches inmates basic retail and warehousing functions like maintenance, management, and retail administration in a classroom and hands-on setting. Inmates will gain useful knowledge and skills needed for the workplace and they will also be given resources to help secure a job after they’re released. Studies show that ex-offenders who have an education are 40% less likely to recidivate — a.k.a. re-offend and go back to jail — and that job training is responsible for a 20% decrease. center_img AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Man arrested after offering young girls money for sex act June 2, 2021 Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Advertisementlast_img read more

In Pictures: Laois children honoured at Lions International Peace Poster Contest & Exhibition

first_img Twitter Twitter Pinterest RELATED ARTICLESMORE FROM AUTHOR In Pictures: Laois children honoured at Lions International Peace Poster Contest & Exhibition Pinterest 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin The Arts Office, Laois County Council hosted a reception and prize giving ceremony for the Lions International Peace Poster Competition in Áras an Chontae, Portlaoise, on Wednesday November 20.Winners of 1st and 2nd prize were presented with a plaque by President of the Lions Club Máire Ní Riordáin and the overall winner of the Laois contest was announced as Luiza Kazakevica from St. Josephs NS Borris in Ossory, and her work will go forward to the next stage of the international competition.The Lions International Peace Poster Contest is an international contest that allows children, ages 11 – 13, to creatively express what peace means to them and to share their unique image of peace and to encourage greater tolerance and understanding.The theme this year is “Journey of Peace” and its the 15th year Laois County Council have hosted the event, organised jointly by the Lions Club and the Arts Office.Thanks must go to Lions members Mary O’Riordan and Barbara Stanley – the main organisers of the competition and to the judge, well- known local artist Ray Murphy who didn’t have an easy job to pick the winners from the 9 schools who participated this year.The posters will be on display to the public in Áras an Chontae for two weeks for visitors to view the work.A total of nine schools had winners on the day.The winners are as follows:Winners and schools includeTrumera NS: 1st Prize Tamara Callaghan 2nd Prize Cormac PagePaddock NS: 1st Prize Daniel Whelan 2nd Prize Callum HeffernanSt Joseph’s NS Borris-In-Ossory: 1st Prize Luiza Kazakevica 2nd Prize Killian MulhallKilladooley NS: 1st Prize Eimear Whelan 2nd Prize Sarah RyanSt Joseph’s Girls NS Mountmellick: 1st Prize Lucy Burke 2nd Prize Mia ChenScoil Bhride NS Mountrath: 1st Prize Emily Lundberg 2nd Prize Ella PhelanScoil Bhride NS Rathdowney: 1st Prize Mia Byrne 2nd Prize Vicky HuClonenagh NS Mountrath: 1st Prize Kacper Niemiec 2nd Prize Ciara PeavoySt Fintan’s NS Mountrath: 1st Prize Michael Kavanagh 2nd Prize Dylan O’BrienMaire Ni Riordain ( President, Portlaoise Lions Club) speaking at the Portlaoise Lions International Peace Poster Contest Awards at County Hall. Photo: Michael ScullySection of the attendance at the Portlaoise Lions International Peace Poster Contest Awards at County Hall. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Emily Lundberg – 1st Scoil Bhrid N.S. Mountrath and Bridie Keenan ( Assistant Arts Officer ). Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Ella Phelan – 2nd. Scoil Bhrid N.S. Mountrath. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Lucy Burke – 1st. St. Joseph’s N.S. Mountmellick. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Mia Chen – 2nd. St. Joseph’s N.S. Mountmellick. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Michael Kavanagh 1st. St. Fintan’s N.S. Mountrath and Bridie Keenan ( Assistant Arts Officer, Laois Co Council.. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Dylan O’Brien – 2nd. St. Fintan’s N.S. Mountrath. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Mary O’ Riordan, Maire Ni Riordain ( President, Portlaoise Lions Club), Daniel Whelan – Ist. Paddock N.S. and Bridie Keenan ( Arts Office, Laois Co Council ) and Lions Club members – Sean Cruise, Barbara Stanley and Mary O’Riordan . Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Callum Heffernan – 2nd. Paddock N.S. Photo: Michael Scully – no reproduction feeWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Kacper Niemiec – 1st. Clonenagh N.S. and Trisha O’Rourke ( Arts Office ). Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Ciara Peavoy – 2nd. Clonenagh N.S. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Mia Byrne – 1st. Scoil Bhrid, Rathdowney. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Vicky Hu – 2nd. Scoil Bhrid, Rathdowney. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Killian Mulhall – 2nd. St. Joseph’s N.S. Borris-in-Ossory. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Tamara Callaghan – 1st. Trumera N.S. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Cormac Page – 2nd.Trumera N.S. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Eimear Whelan – 1st.. Killadooley N.S. Photo: Michael ScullyWinners in the Portlaoise Lions International Peace Poster Contest .( l. to r.) Maire Ni Riordain ( President, Portlaoise Lions Club) and Sarah Ryan – 2nd. Killadooley N.S. Photo: Michael ScullyWinnerin the Portlaoise Lions International Peace Poster Contest pictured with Portlaoise Lions President , Maire Ni Riordain and members and Art Office members Bridie Keenan and Trisha O’Rourke at County Hall, Portlaoise . Photo: Michael ScullyLucy Burke ( St. Joseph’s G.N.S. Mountmellick) 1st. Prize with her mother Mary Jane Burke , at the Lions International Peace Poster Contest) awards at County Hall, Portlaoise. . Photo: Michael ScullyLuiza Kazakevica ( St. Joseph’s N.S. Borris-in-Ossory) Overall Winnerin the Lions International Peace Poster Contest) accepting her award from Maire Ni Riordain ( President, Portlaoise Lions Club). Also in photo:Trisha O’Rourke and Bridie Keenan ( Arts Office, Laois Co Council ) and Lions Club members – Sean Cruise, Barbara Stanley and Mary O’Riordan . Photo: Michael ScullyMaire Ni Riordain ( President, Portlaoise Lions Club) with Luiza Kazakevica ( St. Joseph’s N.S. Borris-in-Ossory) Overall Winner in the Lions International Peace Poster Contest) and her winning Poster . Photo: Michael ScullyLuiza Kazakevica ( St. Joseph’s N.S. Borris-in-Ossory) Overall Winnerin the Lions International Peace Poster Contest) accepting her award from Maire Ni Riordain ( President, Portlaoise Lions Club). Also in photo:Bridie Keenan (Assistant Arts Officer, Laois Co Council ) and Marcus and Saulius Jankauskas . Photo: Michael ScullySEE ALSO – Green light for badly needed works at Laois fire station Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory WhatsApp Facebook WhatsApp Here are all of Wednesday’s Laois GAA results Facebook GAA TAGSLions club Previous articleOh dear, oh deer, costly collision for Laois politician leads to calls for a cullNext articleIn Pictures: Clough-Ballacolla Camogie club celebrate end of season awards Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. GAA GAA Home News In Pictures: Laois children honoured at Lions International Peace Poster Contest &… News By Alan Hartnett – 22nd November 2019 last_img read more

Toiletpaper brand marks status in North Korea

first_img SHARE By Daily NK – 2017.06.20 11:22am News Here in South Korea, thrifty spending is all the rage as people look to tighten the purse strings. People in North Korea are also adapting to consumer culture, thanks to the gradual and continuing process of marketization that is transforming North Korean society. Daily NK reporter Kang Mi Jin is here to tell us more.  Although the growth forecast is perking up for South Korea’s economy, consumers are still feeling financial constraints. The TV shows here are packed with stories of frugal customers. One such program even introduced a housewife who was saving money by shrewdly selecting toilet paper. That got me thinking about the toilet paper market in North Korea.As I explored the story further, I realized that housewives in both North and South Korea share some of the same kinds of financial issues. In South Korea, however, toilet paper is all pretty high in quality, so people are free to choose based on price. I wondered if that was the case in the North, so I sent out some queries and compiled a report.   Originally, most of the toilet paper available in the North came from China, but these days, “Made in North Korea” toilet paper is also available. Are these two varieties more or less comparable? While Chinese-made toilet paper tends to be two-ply, North Korean paper comes in both single-ply and two-ply versions. The Chinese product is more expensive. You can tell someone’s status in life by looking at what brand of toilet paper they buy. Some merchants noted that certain housewives purposefully buy the good stuff to show off their wealth. When wealthy customers stroll by their stand in the marketplace, vendors tend to really target them and try to sell the high quality paper. Can you tell us about the prices? In North Hamgyong Province’s Namdaechon Market, North Korean toilet paper sells for 400 KPW (about US $0.05) for single-ply and 900 KPW for two-ply. Chinese toilet paper sells for 1,570 KPW (about US $0.20) per roll. In Ryanggang Province’s Hyesan Market and Yonbong Market, single-ply North Korean paper sells for 500 KPW, while two-ply sells for 1,000 KPW. Chinese toilet paper costs 1,500 KPW. The reason why toilet paper is slightly cheaper in North Hamgyong Province is because there’s a pulp factory that produces toilet paper there in Kilju County. It also makes sense that Chinese paper costs more in North Hamgyong compared to the border regions, as this is due to the transportation costs. It seems that toilet paper isn’t too expensive even for a North Korean on a tight budget. So can you tell us what consumers consider when they make a choice?  All prices shown in KPW and current as of June 8, 2017 (no change from previous update). AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] The people of North Korea became tougher and self-sufficient ever since the public distribution system collapsed. When North Koreans try to buy at a lower price, they usually forge a relationship with the vendor. Vendors tend to treat their regular customers more favorably than the average customer.  North Korea hikes “party contributions” Russia-based workers must pay by 30-55% Hamhung man arrested for corruption while working at a state-run department store Toiletpaper brand marks status in North Korea RELATED ARTICLESMORE FROM AUTHOR North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) People also try to plan their purchases based on another important factor: timing. It’s better to buy a large quantity all at once. More and more residents are catching on to this, and getting their toilet paper at a lower price per roll. A contact in North Korea recently told me a story related to this. An older lady in her town was sick and couldn’t go to the market. She asked my friend to help her by purchasing a large amount of toilet paper. My friend was surprised to discover that it was much cheaper than she expected.  As you know, it’s a South Korean tradition to give people toilet paper as a housewarming gift. Does the same tradition exist up North? When I first settled in South Korea, my friends and neighbors brought me toilet paper when I moved into my house. I couldn’t understand it. North Koreans usually give lighters or matches during housewarming parties.  But then I learned of the symbolic significance. The continually flowing roll of toilet paper is said to represent prosperity. I held two or three housewarming parties when I moved in, and I got enough toilet paper from my friends to last seven years! My North Korean friend asked how much toilet paper costs in the South, but I couldn’t tell her because I haven’t needed to buy any yet. My friend said that she wished a similar tradition existed in North Korea. I have one final question for you. What do they call toilet paper in North Korea? Good question. We call it toilet paper in the South, but they call it “sanitary tissue,” or “sanitary paper.” When I first called to ask about the price of toilet paper, the source didn’t understand what I was talking about. But then I said “sanitary paper,” and the source understood right away. It was a chance for me to reflect on all the linguistic differences between North and South.  News News Facebook Twitter Newslast_img read more

Registration check the first step to prevent fraud

Keywords Fraud,  National Registration DatabaseCompanies Canadian Securities Administrators James Langton Facebook LinkedIn Twitter It notes that its latest investor survey found that 60% of respondents that say they have a financial advisor have never completed any form of background check. And, as almost 30% of Canadians believe they have been approached with an investment fraud at some point, with 4.6% believing they have been a victim of investment fraud, the CSA stresses that investors need to be careful about who the deal with when it comes to investing. “Checking registration is an essential part of any investor’s due diligence,” said Bill Rice, chair of the CSA and chair and CEO of the Alberta Securities Commission (ASC). “To protect their investment, we encourage all Canadians to check the registration of any individual or firm offering an investment opportunity.” The CSA says that its national registration search tool is quick and easy to use. And, it notes that, in terms of investor protection, “registration status or category is more important than a title, because either one tells the investor what types of products or services a firm or individual is qualified to sell or provide advice on.” However, investor advocates have called on regulators to do more to help investors prevent fraud and avoid losses by making background checks easier and more comprehensive. Late last year, the Canadian Foundation for Advancement of Investor Rights (FAIR Canada) called on regulators to develop a more consumer-friendly registration check. “Securities regulators tell investors to check the registration of anyone selling investments and to only deal with registered representatives. However, we do not think that regulators appreciate the difficulty consumers encounter in conducting a proper registration check,” it said, noting that the current system is too complicated, necessitates the search of several databases, and requires the consumer to know the registered name of the firm (which may be different from the business name). As a result, FAIR called for regulators to “provide a single, national comprehensive background check that Canadians can easily use to check the background, registration status, proficiency and disciplinary history of registrants. The system should also include self-regulatory organization membership information.” DoJ launches task force to tackle Covid-19 fraud Retail trading surge on regulators’ radar, Vingoe says As part of their efforts on behalf of Fraud Prevention Month, Canadian securities regulators are reminding investors to check registration as a basic first step in preventing investment fraud. The Canadian Securities Administrators (CSA) are calling on investors to participate in Check Registration Day on March 26, by using the national registration search tool on the CSA website, or contacting their local securities commission to verify registration. Imposters among us, CSA warns Share this article and your comments with peers on social media Related news read more

BMO reaches settlement in alleged mortgage scam

Canadian Press Related news Keywords Fraud,  MortgagesCompanies Bank of Montreal Share this article and your comments with peers on social media California fraudsman gets 10 years for $147M global investment scam BMO (TSX:BMO) claimed that some of the defendants bought houses that cost less than average price in upscale neighbourhoods, then forged papers to make the homes seem to be worth as much as others in the area. The bank alleged that people known as “straw buyers” were paid a few thousand dollars to put their names on mortgage applications and that forged documents made it look like the buyers had the ability to pay. The lawsuit claimed that fraudsters took the difference between what they paid for a house and the mortgage they were able to get and sent the money overseas. The allegations were not proven in court. There was no comment from the Alberta Lawyers Insurance Association, the insurance fund responsible for paying the settlement on behalf of the lawyers named in the lawsuit. “If BMO wants to talk about the settlement that they got, that’s fine, but it’s not our message to tell,” said Ally Taylor, manager of communications for the Law Society of Alberta, which runs the insurance fund. The Bank of Montreal also declined to comment. It said it was bound by a confidentiality agreement. Bank of Montreal has reached a settlement in a 2010 lawsuit over an alleged $70-million mortgage scam in Alberta. The bank had sued more than 100 people – including lawyers, mortgage brokers and staff – for allegedly participating in mortgage fraud that cost the bank about $30 million. OSFI proposes new stress test for uninsured mortgages Facebook LinkedIn Twitter Consumer debt driven by new mortgages, but credit card debt at six-year low read more

TD Asset Management announces fund changes

first_img Related news TDAM will continue to oversee the investment decisions and asset allocation of the fund. TD U.S. Monthly Income Fund may gain exposure to U.S. fixed-income securities by investing in TD U.S. Corporate Bond Fund, which is still subadvised by TDAM USA Inc. TDAM also is lowering the risk rating for TD Canadian Core Plus Bond Fund from “low to medium” to “low.” “The low risk rating is consistent with TD Canadian Core Plus Bond Fund’s demonstrated volatility since inception and better represents the expected volatility going forward,” the firm states in an announcement. No material changes have been made to the investment objectives, strategies or management of TD Canadian Core Plus Bond Fund. Tessie Sanci Franklin Templeton renames funds with new managers NEO, Invesco launch four index PTFs Keywords Fund managersCompanies TD Asset Management Inc. center_img Change to Counsel Global Small Cap Fund Share this article and your comments with peers on social media Toronto-based TD Asset Management Inc. (TDAM) has made a change to the subadvisor of one of its funds, and has adjusted the risk rating of a separate fund. The firm announced on Monday that its U.S. counterpart, TD Asset Management USA Inc. in Cherry Hill, N.J., will no longer be subadvisor of TD U.S. Monthly Income Fund, effective on or about Aug. 4. Facebook LinkedIn Twitterlast_img read more

IOSCO pushes back on criticism

first_img James Langton Business and financial report with laptop Accounting economic nonwarit/123RF After pandemic’s liquidity storm, possible fund reform IOSCO noted that some funds have recently been afflicted by liquidity problems, and that a recent report from the Bank of England highlights potential mismatches between funds’ asset liquidity and their approach to investor redemptions.“These developments have led some to question whether [IOSCO’s work in this area] adequately address risks in open-ended investment funds which could disadvantage investors or lead to broader financial system contagion,” it said.However, the group insisted that its policy in this area does “in fact, provide a comprehensive framework for regulators to deal with liquidity risks in investment funds.”IOSCO said that its guidance is “unequivocal that, throughout the entire lifecycle of the fund (design, pre-launch, launch and subsequent operations), there should be an appropriate alignment between portfolio assets and redemption terms.”It also defended its principles-based approach to regulation in this area, rather than setting prescriptive global standards for fund liquidity.“It would be impractical to pursue, as some have suggested, a global ‘one size fits all’ prescriptive approach which tries to match different asset classes, fund investment strategies and redemption periods according to universally applicable standards,” it said. “This is because the fund management industry (compared to, for example, the banking sector) is extremely diverse.”The group maintained that its policies do “contain practical, actionable principles” that regulators could use to develop a prescriptive approach to fund liquidity if needed in their local market.“Domestic regulators may also need to address related conduct concerns, such as those which may arise from the way in which individual funds are managed or marketed, including material disparities between legitimate investor expectations of liquidity and the reality,” it said.IOSCO said that it intends to examine how its policy recommendations have been implemented by local regulators in practice, starting in 2020. Related news SEC to overhaul fund valuation rules Retail investor costs in EU regs’ crosshairs for 2021 Global securities regulators are defending their approach to liquidity risk management in the investment fund sector.In response to concerns about the adequacy of its guidance in this area, the International Organization of Securities Commissions (IOSCO), the umbrella group of global regulators, issued a statement defending its principles-based approach to liquidity risk. Facebook LinkedIn Twitter Share this article and your comments with peers on social media Keywords Investment fundsCompanies International Organization of Securities Commissions last_img read more

Memorandum on Redressing Our Nation’s and Federal Government’s History of Discriminatory Housing Practices and Policies

first_imgMemorandum on Redressing Our Nation’s and Federal Government’s History of Discriminatory Housing Practices and Policies The White HouseBy the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:Section 1. Background and Policy. Diverse and inclusive communities strengthen our democracy. But our Nation’s history has been one of great struggle toward this ideal. During the 20th century, Federal, State, and local governments systematically implemented racially discriminatory housing policies that contributed to segregated neighborhoods and inhibited equal opportunity and the chance to build wealth for Black, Latino, Asian American and Pacific Islander, and Native American families, and other underserved communities. Ongoing legacies of residential segregation and discrimination remain ever-present in our society. These include a racial gap in homeownership; a persistent undervaluation of properties owned by families of color; a disproportionate burden of pollution and exposure to the impacts of climate change in communities of color; and systemic barriers to safe, accessible, and affordable housing for people of color, immigrants, individuals with disabilities, and lesbian, gay, bisexual, transgender, gender non-conforming, and queer (LGBTQ+) individuals.Throughout much of the 20th century, the Federal Government systematically supported discrimination and exclusion in housing and mortgage lending. While many of the Federal Government’s housing policies and programs expanded homeownership across the country, many knowingly excluded Black people and other persons of color, and promoted and reinforced housing segregation. Federal policies contributed to mortgage redlining and lending discrimination against persons of color.The creation of the Interstate Highway System, funded and constructed by the Federal Government and State governments in the 20th century, disproportionately burdened many historically Black and low-income neighborhoods in many American cities. Many urban interstate highways were deliberately built to pass through Black neighborhoods, often requiring the destruction of housing and other local institutions. To this day, many Black neighborhoods are disconnected from access to high-quality housing, jobs, public transit, and other resources.The Federal Government must recognize and acknowledge its role in systematically declining to invest in communities of color and preventing residents of those communities from accessing the same services and resources as their white counterparts. The effects of these policy decisions continue to be felt today, as racial inequality still permeates land-use patterns in most U.S. cities and virtually all aspects of housing markets.The Congress enacted the Fair Housing Act more than 50 years ago to lift barriers that created separate and unequal neighborhoods on the basis of race, ethnicity, and national origin. Since then, however, access to housing and the creation of wealth through homeownership have remained persistently unequal in the United States. Many neighborhoods are as racially segregated today as they were in the middle of the 20th century. People of color are overrepresented among those experiencing homelessness. In addition, people of color disproportionately bear the burdens of exposure to air and water pollution, and growing risks of housing instability from climate crises like extreme heat, flooding, and wildfires. And the racial wealth gap is wider than it was when the Fair Housing Act was enacted, driven in part by persistent disparities in access to homeownership. Although Federal fair housing laws were expanded to include protections for individuals with disabilities, a lack of access to affordable and integrated living options remains a significant problem.The Federal Government has a critical role to play in overcoming and redressing this history of discrimination and in protecting against other forms of discrimination by applying and enforcing Federal civil rights and fair housing laws. It can help ensure that fair and equal access to housing opportunity exists for all throughout the United States. This goal is consistent with the Fair Housing Act, which imposes on Federal departments and agencies the duty to “administer their programs and activities relating to housing and urban development . . . in a manner affirmatively to further” fair housing (42 U.S.C. 3608(d)). This is not only a mandate to refrain from discrimination but a mandate to take actions that undo historic patterns of segregation and other types of discrimination and that afford access to long-denied opportunities.Accordingly, it is the policy of my Administration that the Federal Government shall work with communities to end housing discrimination, to provide redress to those who have experienced housing discrimination, to eliminate racial bias and other forms of discrimination in all stages of home-buying and renting, to lift barriers that restrict housing and neighborhood choice, to promote diverse and inclusive communities, to ensure sufficient physically accessible housing, and to secure equal access to housing opportunity for all.Sec. 2. Examining Recent Regulatory Actions. The Secretary of Housing and Urban Development (HUD) shall, as soon as practicable, take all steps necessary to examine the effects of the August 7, 2020, rule entitled “Preserving Community and Neighborhood Choice” (codified at parts 5, 91, 92, 570, 574, 576, and 903 of title 24, Code of Federal Regulations), including the effect that repealing the July 16, 2015, rule entitled “Affirmatively Furthering Fair Housing” has had on HUD’s statutory duty to affirmatively further fair housing. The Secretary shall also, as soon as practicable, take all steps necessary to examine the effects of the September 24, 2020, rule entitled “HUD’s Implementation of the Fair Housing Act’s Disparate Impact Standard” (codified at part 100 of title 24, Code of Federal Regulations), including the effect that amending the February 15, 2013, rule entitled “Implementation of the Fair Housing Act’s Discriminatory Effects Standard” has had on HUD’s statutory duty to ensure compliance with the Fair Housing Act. Based on that examination, the Secretary shall take any necessary steps, as appropriate and consistent with applicable law, to implement the Fair Housing Act’s requirements that HUD administer its programs in a manner that affirmatively furthers fair housing and HUD’s overall duty to administer the Act (42 U.S.C. 3608(a)) including by preventing practices with an unjustified discriminatory effect.Sec. 3. General Provisions. (a) Nothing in this memorandum shall be construed to impair or otherwise affect:(i) the authority granted by law to an executive department or agency, or the head thereof; or(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.(b) This memorandum shall be implemented consistent with applicable law and subject to the availability of appropriations.(c) This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.(d) You are authorized and directed to publish this memorandum in the Federal Register. JOSEPH R. BIDEN JR. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:affordable housing, america, american, Asia, Asian, Choice, climate change, Constitution, Federal, federal government, Government, housing, Housing and Urban Development, pacific, United States, Urban Development, water pollution, White Houselast_img read more

CU Experiment To Explore Physics Of Space Dust Collisions Aboard Shuttle

first_img Published: Nov. 20, 2001 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail A University of Colorado at Boulder experiment will ride into orbit on a NASA space shuttle to explore gentle collisions between particles of space dust – a fundamental process in the formation of planets and the evolution of planetary ring systems. The payload, dubbed COLLIDE-2, or Collisions Into Dust Experiment Two, is part of the MACH-1 payload currently scheduled for launch on the space shuttle Endeavour on Nov. 29. COLLIDE-2 continues the research into the dust collisions where its predecessor, COLLIDE, left off in April 1998. COLLIDE-2 will perform six independent impacts of small quartz spheres into fine quartz sand. The impacts will be videotaped by two small camcorders, allowing the CU team to analyze the amount, direction and speed of dust ejected from the target trays by each impactor. The experiment will provide data on the release of dust from the type of collision that occurs in planetary rings, and perhaps during the early phases of planet accretion. According to Joshua Colwell, a research associate at CU-Boulder’s Laboratory for Atmospheric and Space Physics, COLLIDE has undergone improvements and modifications for its re-flight on Endeavour. The major features COLLIDE contained all are present in COLLIDE-2, although the projectile launchers, doors, and camera containers all were redesigned after parts of the components failed to fully operate in the original experiment. Changing the target material also was an important priority, said Colwell. The first COLLIDE experiment used a fine powder called JSC-1, which is similar to lunar dust. “We found that the finer material gets compacted during launch and does not behave in the way it should during the experiment.” This time, only one of the six experiment boxes will contain JSC-1, while the other five will contain the grainy quartz sand. “We’ve also switched from a Teflon projectile to a quartz one to make the material interactions more realistic,” he said. COLLIDE-2 is one of three experimental programs underway at LASP to study the physics of low-energy collisions in space. Planetary ring systems, protoplanetary disks, the asteroid belt and Kuiper belt are all collisionally evolved systems. However, little is known about the dissipation of energy, the production of ejected materials and accretion in the low- speed collisions that occur between objects with low-surface gravity like planetary ring particles. Although dust is ubiquitous in the rings of the four gaseous giant planets, how the dust is “knocked off” larger ring particles a meter or more across during their continuous collisions with each other remains a mystery. “The rings are comprised primarily of large particles, but we see dust throughout the rings,” said Colwell. “The dust is short-lived, so it acts as a very sensitive tracer of the dynamics of the larger particles. But to understand that, we need to understand each step in the life cycle of a dust particle,” he said. The enormous gravity of Earth prevents researchers from doing the type of experiment contained in COLLIDE-2 on the ground, said Colwell. “In order for the dust to behave the way it would in the space environments being simulated, we need to get into a microgravity environment.” COLLIDE-2 was designed and assembled primarily by LASP students, under the direction of LASP faculty, instrument assemblers and engineers. Colwell is the principal investigator and LASP researchers Larry Esposito and Mihaly Horanyi are co-investigators. Most of the experiment’s electronics were designed for the original COLLIDE by former graduate student Barry Arbetter of CU-Boulder’s electrical engineering department. Tom Calihan and Dave Crotser were the primary students involved in the re-design work for COLLIDE-2. Other present and former CU-Boulder students who worked on COLLIDE-2 include Andrew Diaz, Andreas Lemos, Darren Curtis, Jeff Gonder and Matt Kanter. In addition, Adrian Sikorski, an undergraduate at the Colorado School of Mines in Golden designed and built several COLLIDE-2 components. COLLIDE-2 was funded by NASA’s Microgravity Sciences and Applications Division through the Innovative Research Program and NASA’s Lewis Research Center. For photos and additional mission information, visit the official website of COLLIDE-2 at http://lasp.colorado.edu/collide/.last_img read more

Afternoon Brief, January 16

first_imgEmail Pinterest Home Afternoon Brief Afternoon Brief, January 16Afternoon BriefAfternoon Brief, January 16By Editor – January 16, 2017 50 0 Trending Story:Sustainable Sonoma Wine Could Fetch $7-a-Bottle More, Survey SaysU.S. wine consumers are willing to pay more for wine – up to several dollars more per bottle – produced using “sustainable” practices, according to new research presented at a Sonoma County grapegrower seminar in Santa Rosa on Thursday…Today’s News:Symposium Delivers Good News and Advice for Direct to Consumer WineThe state of the DTC address by Ken Nowlin of SOVOS, owners of Ship Compliant, was a happy one for the wine industry, with some areas shifting spots, but all doing quite well. Cracking the 5 million case mark in 2016, sales also set a new high at over $2 billion…How Robots Are Helping Us Make Better Wine: The Wine FindA quiet revolution is changing the way we drink wine. Artificially intelligent machines in vineyards and wineries now calibrate the winemaking process to ensure bottles taste great at every price point…Wine and Weed Coming Together in SonomaThe wine industry’s necessary distaste when it comes to weeds is valid. Weeds wreak havoc in the vineyard: steal water, invite insects, etc. But harvesting weeds to make a profit must be every farmers secret dream. Now that dream seems possible…Will Marijuana Sales Trump Wine in 2017? Tax Data, Flood Have Bad SignsNapa Wineries Lead Direct-to-Consumer MarketState of the States: 2016 Banner Year for DTC ShippingGrant to Help Grow Southern Virginia WineriesOhio Wines: Hybrid Grapes Can Yield Exceptional WinesMichigan Wineries Diversify to Stay FreshPhylloxera Sure to Be Big Topic at VinCoCRISPR-Edited Yeast Could Produce Higher Quality Wine with Fewer HangoversChampagne Makers Blame Brexit for Lower 2016 Sales$5.3 Million to Understand and Refine the Expression of Australian Shiraz TerroirDespite Crackdowns, China’s Fake Wine Industry Will Continue to Persist in Line with DemandBlogs:Is Korbel the Best Sparkling Wine in America?Could It Be More Than Sexism?: Women in WineRestaurant Wine Prices Explained: Follow the MoneyThis Year, the Wine Industry Should Drink Like the 99%Joe Fattorini: Why Obsessing About Millennials Is a Waste of TimeWineIndustry.Jobs:Fulfillment and Logistics Account ManagerCopper Peak Logistics – American Canyon, CA, United StatesWarehouse ManagerPeachy Canyon Winery – Paso Robles, CA, United StatesTasting Room Team MemberBrochelle Vineyards – Paso Robles, CA, United StatesMore Wine Industry Jobs…Feature Your Job Listing in the Afternoon BriefPeople:Kimberley Drake Joins Sales Team at Hedges Family Estate to Help One of Washington’s Iconic Wineries Expand West Coast Sales EffortsVeteran Employees Maribel Soto and Claire Smith Receive Promotions at Jordan WineryWade Smith, Reustle-Prayer Rock Vineyards Associate WinemakerWinery & Grower Alliance of Ontario Appoints New President & CEOOriginal UB40 Members Launch Red Red WineSupplier News:Enartis USA Announces Phenolic Seminar SeriesCiatti Global Market Update, January 2017Napa Valley Barrel Broker Celebrates 45 YearsPioneering Patented Technologies for the Wine IndustryMore Supplier News …Vineyard & Winery:Constellation Brands Announces Franciscan Estate Winery as Its 2016 Internal Sustainability Award WinnerAnaba Wines to Support Sonoma Valley Mentoring AllianceYealands Family Wines of New Zealand Wins Top Honors in BRIT’s 2017 International Award of Excellence in Sustainable Winegrowing CompetitionA Classic Pairing, Valentine’s Weekend at Roco WineryReustle-Prayer Rock Vineyards “Best of Class” Advertisement TAGSAustraliaBrexitChampagneCiattiColoradoConstellation BrandsDTC Wine SymposiumDuarte NurseryFranciscan Estate WineryJordan WineryKorbelMichiganNapaOhioOntarioSonoma County WinegrowersVinCoVirginia Share Facebookcenter_img ReddIt Linkedin Subscribe to the Afternoon BriefAdvertisement Previous articleSustainable Wastewater Treatment with WormsNext articleWorld’s Best Premium Label Solutions Editor Twitter Subscribe to the Afternoon Brieflast_img read more

NFL 2019: Rams wary of pitfalls on road to title redemption

first_imgHomeNewsNFL 2019: Rams wary of pitfalls on road to title redemption Aug. 23, 2019 at 5:25 amNewsSportsNFL 2019: Rams wary of pitfalls on road to title redemptionAssociated Press2 years agolos angeles ramsnflsean mcvaysuper bowl By Greg BeachaThat 13-3 loss in the Super Bowl looms large over the Los Angeles Rams. Their high-scoring ascent to the NFL’s elite over two thrilling seasons somehow culminated in one of the most lifeless offensive performances in big game history.It’s the last thing anybody expected from a team coached by Sean McVay, who masterminded the Rams’ rise with innovative thinking at every turn — until Bill Belichick’s sturdy old defense had an answer for everything.The youngest NFL coach ever to win a playoff game thinks a whole lot more about the last one he lost. Redemption for McVay and quarterback Jared Goff starts next month when the Rams resume their championship chase.“We can build on a lot of things going into this season, and what we’ve been able to do over the last couple of years in developing a foundation,” McVay said. “But our players know you earn it every day in this league. All we can do is learn from last year, but we’ve got to produce right now.”The Rams have won 24 regular-season games, two division titles and an NFC championship in the brief time since McVay took over a franchise with 13 consecutive non-winning seasons. Los Angeles returns with many reasons to think it can stay on top, but enough potential concerns to keep players and coaches sharp.“I think it just makes us that much more hungry,” cornerback Marcus Peters said. “We see exactly where we can be at if we just put our focus into getting better every day. Put the hard work in, and it will pay off for us.”Clay Matthews didn’t join his hometown team until a few months ago, so he’ll carry nothing from that disappointment in Atlanta into this season. And from what he’s seen of the Rams so far, the six-time Pro Bowl linebacker won’t be surprised if he gets to play for his second championship ring this season.“There’s so much talent around here,” Matthews said. “There’s just a level of talent that we should be able to put something together and do something special. I can’t speak on behalf of any hangover or curse, or whatever you like to call it. But this team looks primed and ready to make another run at it.”The Rams didn’t add a wealth of proven veterans to their roster, but they also didn’t lose a tremendous amount of talent. McVay and general manager Les Snead are counting on Aaron Donald, Todd Gurley, Brandin Cooks, Robert Woods and Andrew Whitworth to remain among the NFL’s best at their respective jobs, and they plan to fill any gaps with coaching, effort and their veteran leadership.“We’re just excited to get going back to where we ended last year,” Gurley said.Here are more things to know about the Rams:TIME TO GET PAIDGoff and Peters are likely playing to determine the largesse of their next contracts. Goff is in the fourth season of his five-year rookie deal. The Rams have repeatedly said they will sign him to a long-term contract, and his 19-for-38 performance in the Super Bowl didn’t alter that plan. Peters is in the final year of his rookie deal, but said he never considered holding out.NOT TURNOVER PRONEMatthews and safety Eric Weddle joined the defense, but they’re the only veteran newcomers likely to make an impact; another addition is  backup quarterback Blake Bortles. The Rams also didn’t make a first-round pick for the third straight year, but rookies including defensive back Taylor Rapp and nose tackle Greg Gaines could play early.NEW LINEThe Rams are taking their biggest risk on the offensive line, where untested second-year pros Joseph Noteboom and Brian Allen got the jobs of departed stalwarts Rodger Saffold and John Sullivan. LA had remarkable line consistency for two years, but McVay seems supremely confident in the newcomers.99 ADDonald participated in his first training camp since 2016, no longer holding out to get the huge contract he finally received. The Rams will need the back-to-back AP Defensive Player of the Year in elite form from the start because he has lost the help of nose tackle Ndamukong Suh, who left as a free agent and essentially wasn’t replaced. Donald’s life of constant double-teams is unlikely to improve, but he’s used to it.KNEEDING HELPThe Rams haven’t gone into detail about the condition of Gurley’s knee, which limited him down the stretch and allowed the since-departed C.J. Anderson to revive his career. Gurley and the Rams actually might be better off if he isn’t among the NFL’s top five in touches this season, as he has been in each of the previous three years. Longtime backup Malcolm Brown should get more action, and Los Angeles used a third-round pick on Memphis’ speedy Darrell Henderson to provide options for McVay. The Rams are determined to optimize Gurley’s effectiveness in the final season before his four-year, $60 million contract extension begins.Tags :los angeles ramsnflsean mcvaysuper bowlshare on Facebookshare on Twitteradd a commentNFL 2019: Rivers: ‘I feel like we’re in that window.’Sanders, Harris set for showdown in delegate-rich CaliforniaYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall7 hours agoNewsCouncil picks new City ManagerBrennon Dixson18 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter18 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor18 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press18 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press18 hours agolast_img read more

Council to undertake study of campervan facilities

first_imgAudioHomepage BannerNews Google+ Previous articleGolfers hopeful on continuing playNext articleBusiness Matters Ep 16 – James Doherty, Moira Doherty & Mark Bolton News Highland Donegal County Council is to undertake a study of caravan facilities in a bid to address various challenges currently being experienced.It follows concern that some of the beaches and other scenic areas in the county were not able to cope with the huge volume of tourists this year.It has led to calls on the Council to come up with solutions ahead of the 2021 holiday season with the study set to be completed early next year.In a statement, the Council acknowledged that the Caravan, Camper Van and Camping sector is an essential part of Donegal tourism, and Cllr Michael McClafferty says it’s vital that services in the county match that demand:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/10/mcclafferty1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Important message for people attending LUH’s INR clinic Facebook Arranmore progress and potential flagged as population grows WhatsApp Twitter WhatsApp Council to undertake study of campervan facilities Pinterestcenter_img Pinterest By News Highland – October 21, 2020 Facebook Loganair’s new Derry – Liverpool air service takes off from CODA DL Debate – 24/05/21 RELATED ARTICLESMORE FROM AUTHOR Twitter News, Sport and Obituaries on Monday May 24th Google+ Nine til Noon Show – Listen back to Monday’s Programmelast_img read more

News / Hyperloop One nets $50m more investment as first full transport system test looms

first_imgBy Alexander Whiteman 17/10/2016 Revolutionary transport system Hyperloop One has netted $50m in investment from DP World.The port operator’s investment will fund continuing research and development of the technology as it competes with rival hyperloop developer Hyperloop Transportation Technologies (HTT) to bring PayPal founder Elon Musk’s vision to reality.DP World chairman and chief executive Sultan Ahmed Bin Sulayem will join Hyperloop One’s board. He said: “The world is changing quickly and we want to be involved in the potential this kind of innovation presents, connecting markets and economies around the world and realising our vision to lead the future of world trade.”Mr Musk envisaged a solar-powered transport system that would shuttle passengers and cargo around at 760mph for $20 a ticket in a 2013 white paper.  It was issued as an open-source challenge, rather than engaging in developing the technology himself. In May, Hyperloop One conducted a proof-of-concept test in the Nevada desert and aims to be the first to complete a full hyperloop test, set to take place in the first quarter of 2017.With DP World’s investment, Hyperloop One has sourced $160m in funding since it launched in 2014.The latest cash injection follows a memorandum of understanding signed between the two firms in August to analyse the suitability of Hyperloop systems in the UAE, with an initial focus on moving containers from Jebel Ali Port to an inland container depot in Dubai.Rob Lloyd, chief executive of Hyperloop One, said: “We are excited to continue our strong partnership with DP World as well as welcome Sultan Ahmed Bin Sulayem to our board of directors. These latest moves strengthen our company from a global perspective as we move towards showcasing the world’s first Hyperloop early next year.”The firm has also appointed former Uber chief financial officer Brent Callinicos as strategic and financial advisor to Mr Lloyd and the board.Hyperloop One co-founder and executive chairman Shervin Pishevar said: “I saw first-hand Brent’s contributions to Uber when it scaled from 300 employees to 3,000-plus, launched hundreds of cities and raised billions of dollars. His experience will be invaluable as we prepare for the next stage in our funding and development.”Prior to joining Uber in 2013, Mr Callinicos was vice president, treasurer and chief accountant at Google, and also ran the internet giant’s green energy investment portfolio.Meanwhile, Hyperloop One remains embroiled in legal proceedings launched by ex-employees led by former chief technology officer Brogan BamBrogan in July.Mr BamBrogan and his co-plaintiffs assert that Hyperloop One’s upper management engaged in “nepotism, financial misconduct, and made physical threats” – including leaving a “hangman’s noose” on Mr BamBrogan’s chair.In response, Hyperloop One issued a countersuit seeking $250m in damages, claiming the ex-employees, whom it labels “the gang of four”, were involved in “an illegal and failed plot to overtake the company in a coordinated coup”.last_img read more

People / Andrew Kirkwood takes over as CEO at BluJay Solutions

first_img Supply chain software supplier BluJay Solutions has appointed Andrew Kirkwood (pictured above) as its chief executive.He brings 25 years’ experience to the role, and joins BluJay from JDA Software, where he spent 14 years in marketing, product development and sales. He will replace Doug Braun, in the role for three years.Chairman Paul Ilse said: “Doug did an exceptional job reorganising and rebranding the company while integrating five acquisitions over his tenure. We wish him well. Andrew and Doug have worked together in the past, which enables an efficient transition for our employees and customers.”Mr Kirkwood said: “We know global trade and supply chains are battlegrounds for our customers, which means they are counting on us to help them navigate this increasingly complex world. I will be focused on innovation, customer satisfaction, and creating a great place to work in order to drive strategic value for our customers, employees, and shareholders.” By Alexander Whiteman 31/01/2019last_img read more

Mongalo cleared of indecent assault charges

first_img‘ Datemyage.comAdvertisement Meet Singles Your Age Near Tsuen WanDatemyage.com|SponsoredSponsoredUndoAaron Smith names South African as greatest World Cup scrumhalfSA Rugby MagUndoJapan-based Kiwi player: I hope to never experience this againSA Rugby MagUndoLife Exact BrazilRemember Grace Jones? She Is Almost 73, See Her NowLife Exact Brazil|SponsoredSponsoredUndo  13  0 ‘ Former Lions defence coach Joey Mongalo has released the official statement confirming he has been acquitted on a charge of sexual assault following a successful appeal.In April last year, Mongalo was accused and subsequently charged with allegedly indecently assaulting a female hotel staff member in a stairwell three days after the Lions’ 2018 Super Rugby match against the Waratahs.Subsequently, he was convicted and sentenced by an Australian magistrate court, receiving a fine of A$2,000 (R20,000), but then decided to appeal the finding.However, on Friday, the New South Wales District Court set aside Mongalo’s earlier conviction.Official statement: Successful appeal pic.twitter.com/NNAT8KNKW1— Joey Mongalo (@Joeymongalo) December 23, 2019Mongalo told Rapport newspaper that he was happy that the matter was now resolved.‘I said from the beginning that I did not commit an offence,’ he stated. ‘In the same breath, to be involved in something like this, runs counter to the values ​​I aspire to live every day.’Mongalo ended his time with the Lions earlier this year.Photo: Lee Warren/Gallo Images CNAHow is life for Cambodian boy linguist after viral fame?CNA|SponsoredSponsoredUndo Loans | Search AdsHow Much Money Can You Borrow? Search Here For Online LoansLoans | Search Ads|SponsoredSponsoredUndo ‘ Joey Mongalo Post by SA Rugby magazine Posted in Lions, News, Teams, Top headlines center_img Watch: I wanted to rip Jean’s head off – Jaque FourieSA Rugby MagUndo World Cup-winning Bok quartet in Eddie Jones’ all-time XVMaverick coach Eddie Jones has named his Test dream team made up of players he has worked with throughout his illustrious career.SA Rugby MagUndoDatemyage.comOver 40 And Single?Datemyage.com|SponsoredSponsoredUndoGrammarlyAvoid Grammatical Errors with This Helpful Browser ExtensionGrammarly|SponsoredSponsoredUndoLoans | Search AdsLooking for loan in Hong Kong? Find options hereLoans | Search Ads|SponsoredSponsoredUndo熱門話題對肚腩脂肪感到後悔!試了在萬寧賣的這個後…熱門話題|SponsoredSponsoredUndoMoneyMorningPaperThe 10 Richest Families Of The World. Especially No. 6 Is A Complete Surprise.MoneyMorningPaper|SponsoredSponsoredUndo 熱門話題小心會瘦過快…網友推爆:「真的瘦的超誇張!」熱門話題|SponsoredSponsoredUndo ‘ Mongalo cleared of indecent assault charges ‘ ‘ Published on December 23, 2019 last_img read more