Ecobank Transnational Incorporation (ETI.gh) Q32017 Interim Report

first_imgEcobank Transnational Incorporation (ETI.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2017 interim results for the third quarter.For more information about Ecobank Transnational Incorporation (ETI.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Ecobank Transnational Incorporation (ETI.gh) company page on AfricanFinancials.Document: Ecobank Transnational Incorporation (ETI.gh)  2017 interim results for the third quarter.Company ProfileEcobank Transnational Incorporation is a financial services institution offering retail, wholesale, investment and transactional banking services to government departments, financial institutions, multi-nationals, small- to medium-size enterprises, micro businesses and individuals in Africa and internationally. The banking group operates in the domestic, corporate and investment banking segments. Ecobank Transnational Incorporated offers a full-service product offering which ranges from current and savings accounts to business accounts and term deposits. Ecobank Transnational Incorporated also provides services for institutional banking; ranging from treasury and investment banking to commodity/trade finance, debt issuance and equity offerings, mergers and acquisitions and syndicated lending. The financial institution operates a network of approximately 1 200 branches and offices in the major towns and cities of Ghana. Its head office is in Lomé, Togo. Ecobank Transnational Incorporation is listed on the Ghana Stock Exchangelast_img read more

Constance Hotels Services Limited (CHSL.mu) 2019 Abridged Report

first_imgConstance Hotels Services Limited (CHSL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2019 abridged results.For more information about Constance Hotels Services Limited (CHSL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Constance Hotels Services Limited (CHSL.mu) company page on AfricanFinancials.Document: Constance Hotels Services Limited (CHSL.mu)  2019 abridged results.Company ProfileConstance Hotels Services Limited is a Mauritian company engaged in the management and ownership of hotels and resorts that include Ultimate hotels and Unique resorts in the Indian Ocean. The Ultimate hotels collection includes Constance Le Prince Maurice- Mauritius, Constance Lemuria- Seychelles and Constance Halaveli- Maldives whilst the company’s Unique resorts collection includes Constance Belle Mare Plage- Mauritius, Constance Ephelia- Seychelles, Constance Moofushi- Maldives and Constance Tsarabanjina- Madagascar. Constance Hotels Services Limited is listed on the Stock Exchange of Mauritius.last_img read more

¡Cuidado con la propaganda de guerra de Estados Unidos contra Corea!

first_img‘Manos fuera de Corea’: el famoso cantante Paul Robeson habla en una reunión pública en Harlem, N.Y., 3 de julio de 1950.15 de febrero — Desde la institución como The New York Times hasta la extrema derecha Fox News, los medios capitalistas de Estados Unidos han estado en una campaña para demonizar a la República Popular Democrática de Corea. Las “noticias” presentadas por estas dos alas del establecimiento capitalista apuntan a desacreditar a los dirigentes de la RPDC y encubrir el sorprendente progreso realizado por este país socialista, a pesar de ser atacado por la guerra y las sanciones.Esta escritora apareció el 12 de febrero en Tucker Carlson News Hour de Fox Tv y en menos de los cinco minutos que me permitieron hablar, me concentré en alertar a los 2,9 millones de televidentes de ese programa noticiero sobre el grave peligro de guerra planteado por el Pentágono, que está discutiendo abiertamente, y en realidad preparándose para un ataque contra la RPDC.Los norcoreanos han estado bajo la mira del Pentágono durante más de 70 años. Los militares estadounidenses han sostenido la ocupación de Corea del Sur desde 1945. Desde 1950 hasta 1953 Estados Unidos arrojó más bombas en el norte de Corea que en posiciones japonesas en todo el Pacífico durante la Segunda Guerra Mundial.Los “juegos” anuales de guerra del Pentágono dirigidos a la RPDC en los últimos años han incluido a las fuerzas armadas de Japón, la antigua potencia colonial que explotó brutalmente en toda Corea entre 1910 y 1945.Reaccionando a tales amenazas a su propia existencia, la RPDC ha sacrificado mucho para desarrollar una defensa nuclear. Si algún país necesita tal disuasión contra el ataque, es Corea del Norte.La gente en los Estados Unidos necesita saber que la administración Trump y el Pentágono están jugando con fuego. La RPDC luchará si es atacada. Tiene la voluntad y la capacidad de defenderse. No va a rendirse ante las amenazas. Nunca lo ha hecho.Propaganda de guerra, sutil y rabiosaNi el diario The New York Times ni Fox admitirán que promueven una guerra. Carlson dijo “No estoy en guerra” cuando lo empujé. Pero sus “noticias” son propaganda de guerra y están dirigidas a preparar a la gente de este país para que acepte una guerra contra la RPDC y hacerlo parecer como una cruzada “humanitaria”. Crean historias sensacionales para poner a la RPDC en la peor luz. Fox está frenético; el diario The New York Times suele ser más matizado, aunque todavía tiene un sesgo brutal contra la RPDC.Carlson de la cadena Fox pinta la imagen más sombría imaginable de la vida en la RPDC. La gente se muere de hambre, se los mantiene en la ignorancia, son esclavos del estado, etc. Eso es lo que este millonario “periodista”, portavoz del multimillonario Rupert Murdoch, les cuenta a millones de personas aquí.¿Por qué no habla sobre el hecho de que la RPDC tiene una alfabetización del 100 por ciento, la más alta del mundo? Incluso el Libro de Hechos de la CIA admite esto. Curiosamente, su lista de tasas de alfabetización de los países no incluye los EUA. Ni Corea del Sur.No es de extrañar. Según un estudio realizado a fines de abril del 2013 por el Departamento de Educación de EUA y el Instituto Nacional de Alfabetización, 32 millones de adultos, o el 14 por ciento de la población en los EE. UU., no podían leer. Además, el 21 por ciento de los adultos leen por debajo del nivel de quinto grado y el 19 por ciento de los graduados de la escuela secundaria no podían leer. Para un país tan rico como Estados Unidos, este es un escándalo monumental.Y no culpe a los niños o sus maestros. Es un reflejo del atraso cultural impuesto a la gente de este país por la pequeña clase de multimillonarios que controlan el gobierno y los medios de comunicación y socavan monetariamente al sistema de educación.¿Por qué Fox y The New York Times no mencionan que la atención médica en la RPDC es gratuita y que el país ha reducido su tasa de mortalidad infantil en más del 80 por ciento desde 1950, a pesar de la guerra y las sanciones? O que continúa reduciendo la mortalidad materna — la tasa a la que las mujeres mueren como resultado del parto — a la vez que la mortalidad materna ha aumentado en los Estados Unidos.El crimen no es que un país como la RPDC, que fue destruido por los bombarderos de Estados Unidos en la guerra de 1950-1953, tenga que dar prioridad a la defensa mientras se mantiene en pie por sí mismo. El crimen es que un país como los EUA, que ha estado entre los más desarrollados del mundo durante al menos un siglo, no puede proporcionar una educación decente y atención médica para su pueblo.Un medio sensacionalista y mentiroso¿Qué papel juegan los medios en la promoción de los objetivos imperialistas? Mucho. Tomemos, por ejemplo, la guerra que comenzó en 1898, la llamada guerra hispanoamericana.A la gente de los EUA se le dijo que España, el gobernante colonial de Cuba, había destruido un buque de guerra estadounidense nombrado The Maine, en el puerto de La Habana. Los periódicos Hearst de la época, que habían estado luchando por una guerra contra España, publicaron titulares gritando durante semanas: “¡Recuerden el Maine!”. También lo hizo el papel del rival de Hearst, Joseph Pulitzer, que igualó a Hearst al imprimir historias distorsionadas y exageradas. (Pulitzer intentó limpiar su reputación de “periodismo amarillo” dejando dinero a la escuela de posgrado de periodismo en la Universidad de Columbia,— y funcionó).Cuando Frederic Remington, un artista que proporcionó al periódico Hearst con ilustraciones, cablegrafiadas desde Cuba en 1897 de que “no habrá guerra”, Hearst respondió con un cable, “Tú proporcionas las imágenes, yo proporcionaré la guerra”.Esta incesante propaganda fue el preludio de una guerra de tres años. en el que la clase dominante de los Estados Unidos logró reemplazar a España como gobernante colonial de Filipinas, Cuba y Puerto Rico. Mientras los Estados Unidos afirmaban que estaba “liberando” a Cuba y Filipinas, donde los revolucionarios ya estaban luchando contra los colonizadores españoles, eso era una mentira. La guerra con España se libró por razones puramente económicas — abrir el acceso a los capitalistas estadounidenses para explotar la mano de obra y los recursos de las que habían sido colonias de España. Una vez que España fue derrotada, los Estados Unidos virtieron su ejército contra los combatientes de la independencia tanto en Cuba como en Filipinas.¿Recuerdan el Maine? Bueno, en 1974, el Almirante de EE.UU. Hyman Rickover encargó una investigación de la Armada sobre el hundimiento del Maine. La conclusión: el barco se había destruido debido a un incendio que encendió municiones almacenadas a bordo. España no tuvo nada que ver con eso.Tenemos que estar listos para combatir la propaganda bélica contra la RPDC y exponer cualquier pretexto para una guerra inventada por el Pentágono y sensacionalizada por los medios capitalistas.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Looking into the Housing Market in 2019

first_img Editor’s Note: This feature originally appeared in the August issue of DS News.Sam Khater spends his day ensuring that Freddie Mac’s economics and research team delivers valuable insights and analysis on economic trends and policy issues affecting Freddie Mac and the housing market. With over 20 years’ experience in housing and economics, Khater brings extensive housing finance research and expertise to his role to Freddie Mac, which he joined after 11 years at CoreLogic. At CoreLogic, his responsibilities included producing original research and advising clients, regulators, policymakers, and investors on real estate and mortgage market trends. Before joining CoreLogic, Khater was a senior economist at Fannie Mae and an economist at the National Association of Realtors. He holds a master’s degree in network economics from Georgetown University and a bachelor’s degree in economics and finance from George Mason University.What housing market trends do you see emerging in the second half of this year?There are two key trends we’re seeing in 2018. One is the rise of the first-time homebuyer. As the economy gets stronger and rates, as well as home prices continue to rise, many potential first-time homebuyers are realizing that now is the best time to jump into the market before it gets more expensive; especially since we see no end in sight regarding the increase in home prices.Another emerging trend that the market has experienced over the past year is the emergence of secondary and tertiary cities as hot housing markets that are beginning to see home-price growth accelerate. This trend has picked up mainly due to the growing unaffordability of the coastal markets and buyers are looking at these new markets to bridge the affordability gap. Some of the new markets that have seen exponential growth during the year include Denver, Provo, Nashville, and Austin. More recently, Reno and Boise have had a sharp run-up in home price growth.Do you see the headwinds related to affordability and inventory shortages continuing into the next year?Inventory shortage and the squeeze on affordability will continue to impact the market in 2019. The chronic shortage of inventory is the biggest hurdle the housing market and as an extension, the economy, is facing. I don’t see that changing anytime soon. Despite home sales rising at a good clip on a year-over-year basis, the construction of new housing is barely above the recession level. We’re just not building fast enough to keep up with the pace of demand, even though we are nine years into the economic expansion. The affordability squeeze is related to the shortage in supply. The inventory crunch is causing a consistent increase in home prices in the order of 5–6 percent, and that’s well above approximately twice the growth in income, causing affordability problems particularly on the coasts.There has been a steady hike in mortgage rates since the beginning of 2018. Are you seeing these hikes impacting buyer sentiments?Consumer confidence has remained high despite rate increases. Looking at the demand for purchase credit and its growth rate, it’s still roughly at the same level it was last year. The year-over-year increase in purchase applications that we look at quite closely has also been growing, indicating that rising rates have not impacted homebuyer sentiment.Freddie Mac recently published a study on how mortgage-rate comparisons can save money for borrowers. Can you share some of your findings?The key takeaway of this study was, for a typical $250,000 loan the expected savings from just one additional quote is about $1,400 for 80 percent of the borrowers who obtain mortgages. If you look at kind of the range of savings, a little over three-quarters of all borrowers who obtain an additional rate offer, save between about $1,000 and $2,100 on their mortgage.That’s a substantial amount of saving, given that there’s a very strong demand for low down-payment products. For example, if a borrower is looking at a home price of $250,000, with a 3 percent down payment that translates to a down payment of around $7,500. Now, if that borrower compares rates and saves $1,000 to $1,400 on the mortgage, that’s a substantial saving on a down payment that’s so small, especially for an entry-level borrower. If a borrower is more aggressive in their search and gets five quotes, then their expected benefits increase to about $2,900.What economic factors will determine the health of the housing industry towards the end of 2018 and going into 2019?Inflation would be the biggest factor by far, because the fear of rising inflation is what’s driving the run-up in rates. The economy is running hot, and the Federal Reserve is being hawkish on inflation.Today, the Fed is trying to get income growth higher via a low unemployment rate. The danger with that is, that if the economy runs a little too hot, then it starts to generate inflation that’s above the 2 percent rate that the Fed is comfortable with. Today, inflation is at exactly 2 percent. However, the biggest factor in 2018 —and even in the first half of 2019—would be to see if inflation continues to grow at roughly the same pace or if it increases. If inflation increases, mortgage rates will go up, adding to the headwind of inventory and increasing prices that buyers are already facing.The growth in income can somewhat taper the impact of rising mortgage rates, because if the economy is growing well, then it’s also generating income growth that will help buyers sustain the increased costs of purchasing a home. But, if inflation rises because of geopolitical reasons or a rise in energy costs, then the economy, as well as the housing market could face a problem.Speaking about buyers, we’ve seen an active millennials homebuyer market this year. What is driving this trend?One clear driver is that millennials are aging. We keep thinking of them as being young, but the truth is that the largest age cohort in the U.S. today is 28 years old—which is the peak of the millennial age-group. As a result, this group has been in the prime renter age for the pastfive years and are now moving into their prime first-time homebuying years. This group will be a strong driver of the market over the next three years. Apart from it being a natural progression, today’s job market is another major factor that’s driving more millennials to buy homes. The job market has been very strong for this generation over the past three to four years and along with financial products that target millennials, such as low downpayment products like Freddie Mac’s Home One, make it a little easier for first-time homebuyers to become homeowners. Data Provider Black Knight to Acquire Top of Mind 2 days ago Looking into the Housing Market in 2019 Home / Daily Dose / Looking into the Housing Market in 2019 Demand Propels Home Prices Upward 2 days ago Demand Economy Freddie Mac Homebuyers Homeowners Homes HOUSING Inventory Supply 2018-08-23 Radhika Ojha Tagged with: Demand Economy Freddie Mac Homebuyers Homeowners Homes HOUSING Inventory Supply Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Radhika Ojha  Print This Post Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Related Articles Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Best Markets For Residential Property Investors 2 days ago August 23, 2018 38,229 Views Share 1Save Previous: The Price Tag of Owning a Home Next: Rushmore’s Rating Surges on Servicing Practices in Daily Dose, Featured, News, Print Features Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Coronavirus updates: Mall of America to reopen retail shops on June 1

first_imgOvidiu Dugulan/iStockBy MORGAN WINSOR and EMILY SHAPIRO, ABC News(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 300,000 people worldwide.More than 4.4 million people across the globe have been diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some governments are hiding the scope of their nations’ outbreaks. Since the first cases were detected in China in December, the United States has become the worst-affected country, with more than 1.4 million diagnosed cases and at least 85,194 deaths. Here’s how the news is developing today. All times Eastern. 4:05 p.m.: Meditation app giving free subscription to unemployed AmericansThe meditation and mindfulness app Headspace is offering a free, one-year subscription to all Americans who are unemployed amid the pandemic, the company said Thursday.“While meditation and mindfulness can’t change our circumstances in life, it can help us change our perspective on those circumstances,” Rich Pierson, CEO and co-founder of Headspace, said in a statement Thursday.“Now more than ever, that’s an incredibly powerful skill to learn,” he said.Approximately 36 million Americans have filed for jobless aid. 2:30 p.m.: 17 states reporting cases of kids with COVID-associated illness, Cuomo saysIn New York state, a phased reopening can begin on May 15 in five regions: North Country, Mohawk Valley, Central New York, Finger Lakes and the Southern Tier, Gov. Andrew Cuomo said.The state’s remaining four regions — New York City, Long Island, Mid Hudson, Capital District and Western New York — have not met the metrics to begin reopening, he said.“Phased reopening does not mean the problem has gone away — it means we have controlled the problem because of what we did,” Cuomo said. “I would urge local governments to be diligent about the business compliance and about individual compliance. And if you see a change in those numbers — react immediately.”Cuomo again mentioned the “serious and concerning” cases of Pediatric Multi-System Inflammatory Syndrome Associated with COVID-19, an inflammatory syndrome, which has features that overlap with Kawasaki disease.There are 110 cases in New York state, the vast majority of which are in New York City. Three young people in the state have died.Sixteen other states, as well as Washington, D.C. and six countries in Europe, have reported cases, Cuomo said.New York state is leading the national effort “to understand and combat this new syndrome,” Cuomo said.1:30 p.m.: Mall of America will reopen retail stores June 1The largest mall in the U.S., Minnesota’s Mall of America, will open the doors of its retail stores on June 1.While retail in the state is permitted to reopen on May 18, mall officials said waiting the rest of the month will allow them time to implement new cleaning and sanitation measures and also allow the stores enough time to rehire and train staff.“All dining and attractions will remain closed until further guidance from state officials is provided,” mall officials said. “Food establishments may still operate through curbside and delivery.”1:15 p.m.: Jersey Shore will open in time for Memorial Day weekendThe Jersey Shore can open on Friday, May 22, though the number of beachgoers will be restricted and visitors must follow social distancing guidelines, New Jersey Gov. Phil Murphy announced Thursday.Boardwalk restaurants must be takeout and delivery only and amusement park rides, games and playgrounds must stay closed, Murphy said.It’s highly recommended that visitors wear a face covering, Murphy said.New Jersey has over 142,000 diagnosed cases of the coronavirus and 9,946 deaths.Meanwhile, New Jersey’s nursing homes have been particularly hit hard by the virus. The state now has over 27,000 cases at long-term care facilities, including 5,168 deaths, Murphy said.The U.S. Department of Veterans Affairs is working to assist the state, providing five, 10-person health care strike teams who will join the staffs at long-term facilities until June 30, Murphy said.The New Jersey attorney general’s office started investigating the state’s long-term care facilities in April.The state has asked the public to report any misconduct anonymously through an online portal.11:45 a.m.: Minnesota’s stay-at-home order to lift on MondayMinnesota’s stay-at-home order will be lifted on Monday, allowing retail stores and malls to open with 50% capacity and social distancing plans in place.Bars and restaurants will remain closed and gatherings must be limited to 10 people.“With the capacity that we built while you stayed home, we can chart a new way forward. We can take a measured, Minnesota approach that protects public health and improves economic stability,” Gov. Tim Walz tweeted Wednesday. “This means cautious, strategic steps forward. And it means clear measures for determining if and when we need to pull back.”“We are not flipping a switch and all going back to normal at once,” stressed. “We are slowly moving a dial.”10:45 a.m.: NYC has 100 kids with COVID-associated illnessMayor Bill de Blasio said it’s “deeply troubling” that New York City is now reporting 100 cases of Pediatric Multi-System Inflammatory Syndrome Associated with COVID-19, an inflammatory syndrome which has features that overlap with Kawasaki disease.Of those 100 young people, 55 tested positive for the coronavirus or antibodies. One New York City child has died, the mayor said.There will be weekly webinars with up to 700 pediatric providers to discuss ways to combat the disease, the mayor said.10:25 a.m.: NYC expands testing criteriaNew York City is expanding its criteria for who can get tested for the coronavirus, Mayor Bill de Blasio said at his Thursday briefing.New Yorkers can get tested if they: have symptoms — regardless of age, chronic conditions or occupation; came in close contact with someone who was confirmed to be positive, regardless of symptoms; work in a congregate residential setting like a nursing home or shelter, regardless of symptoms.There are 23 walk-in testing sites in the city and five more are opening, the mayor said.De Blasio said it’s “deeply troubling” that New York City is now reporting 100 cases of Pediatric Multi-System Inflammatory Syndrome Associated with COVID-19, an inflammatory syndrome which has features that overlap with Kawasaki disease.Of those 100 young people, 55 tested positive for the coronavirus or antibodies. One New York City child has died, the mayor said.There will be weekly webinars with up to 700 pediatric providers to discuss ways to combat the disease, the mayor said.De Blasio called it a “very good day” as he reported all three daily tracking progress indicators moving in the right direction.On Tuesday, 59 people were admitted to city hospitals with suspected COVID-19 symptoms — down from 78 admissions on Monday.On Tuesday, 517 patients were in intensive care units with symptoms — down from 561 patients on Monday.And 11% of people tested citywide Tuesday were positive — down from 13% on Monday.“Perfect day, New York City!” the mayor said. “Let’s now put together a bunch of them.”As New Yorkers wait to return to their local restaurants, de Blasio told CNN on Thursday that city officials are talking to restaurant and bar owners about the right way to reopen “in stages, to do this carefully.”“There is interesting talk about focusing on outdoor [seating] rather than indoor,” de Blasio said. The mayor added, “but it has to be with social distancing and it has to be with a safety first mentality.” 9:28 a.m.: Typhoon takes aim at Philippines during coronavirus lockdownA powerful typhoon barreled toward the Philippines on Thursday as local authorities work to evacuate tens of thousands of people from their homes while trying to avoid the coronavirus-related risks of overcrowding emergency shelters.Typhoon Vongfong was packing maximum sustained winds of 96 mph and gusts of up to 158 mph, according to the latest data from the Philippine Atmospheric, Geophysical and Astronomical Services Administration. The storm, the first typhoon to hit the archipelagic country this year, is expected to make landfall on eastern islands later Thursday.The Philippines remains under a lockdown to curb the spread of the novel coronavirus. The country has reported nearly 12,000 diagnosed cases of COVID-19 with at least 790 deaths, according to a count kept by Johns Hopkins University.Harry Roque, spokesperson for the president of the Philippines, said local officials must ensure that social distancing is observed by families as they seek temporary shelter in evacuation centers. He said the government’s disaster preparedness protocols would be in full force amid the country’s continued fight against COVID-19.“We have enough relief foods, our evacuation centers are ready and social distancing will be observed on a per-family basis,” Roque said during a virtual press conference Thursday.8:56 a.m.: France warns pharmaceutical giant against reserving first doses of vaccine for USThe French government warned Thursday that it would be “unacceptable” for Sanofi, a Paris-based multinational pharmaceutical company, to reserve the first doses of a COVID-19 vaccine for the United States. Speaking to Sud Radio, France’s Deputy Finance Minister Agnes Pannier-Runacher said she contacted the firm on Wednesday after its CEO told Bloomberg News he would likely supply a vaccine to the U.S. government first because “it’s invested in taking the risk.” “For us, it would be unacceptable for there to be privileged access to such and such a country for financial reasons,” Pannier-Runacher told Sud Radio on Thursday.Pannier-Runacher said she spoke to the head of Sanofi’s French division who confirmed that its vaccine, when ready, would be available in every country, including France. “Not least because [Sanofi] has production capacity in France,” the deputy minister said. Last month, Sanofi signed a letter of intent with England-based multinational pharmaceutical firm GSK to jointly develop a vaccine for COVID-19. The companies stated in the letter that they plan to initiate the first phase of clinical trials in the second half of 2020 and, if successful, aim to complete the development required for availability by the second half of 2021.8:09 a.m.: American pilot dies in plane crash while trying to deliver tests to IndonesiaAn American pilot died when her plane crashed while she was on her way to deliver COVID-19 test kits to a remote village in Indonesia earlier this week, officials said. Joyce Lin departed from the airport in Sentani in Indonesia’s Papua province on Tuesday morning, flying alone in a Kodiak aircraft. Lin, a missionary with Mission Aviation Fellowship, was attempting to bring much-needed supplies to the village of Mamit in the Papua highlands that included COVID-19 test kits for the local clinic. But she reported an emergency within minutes of takeoff and the aircraft plunged into Lake Sentani. An Indonesian search and rescue team later confirmed Lin did not survive as they recovered her body from the lake, according to a statement from Mission Aviation Fellowship. The Idaho-based Christian organization said its staff in Indonesia are working with local authorities to investigate the incident. Lin, who was raised in Colorado and Maryland, had worked in Indonesia for Mission Aviation Fellowship for two years, serving as both a pilot and an information technology specialist. Prior to joining the organization, she worked for over a decade as a computer specialist after receiving Bachelor of Science and Master of Engineering degrees from the Massachusetts Institute of Technology, according to her biography on the Mission Aviation Fellowship’s website. She is survived by her parents and two sisters.7:24 a.m.: Japan lifts state of emergency in 39 prefecturesJapanese Prime Minister Shinzo Abe announced Thursday that he had decided to lift the state of emergency in 39 of the country’s 47 prefectures.The decree remains in place for urban regions, including the capital, Tokyo, and the large port city of Osaka. Abe said his government will consider lifting the state of emergency for the remaining prefectures next week.The prime minister declared a month-long state of emergency for Tokyo and six other prefectures on April 7 as Japan reported a surge in COVID-19 cases. Abe later expanded the declaration to cover the entire country and last until May 31. Under the order, prefectural governors asked residents to stay home and for some businesses to temporarily close, but public cooperation was voluntary. There were no penalties for failure to comply.Abe credited the recent decline in the rate of new infections to the efforts of residents staying at home and practicing social distancing. However, he warned that the state of emergency may have to be reimposed if infections increase.More than 16,000 people in Japan have been diagnosed with COVID-19 and at least 678 have died, according to a count kept by Johns Hopkins University.7:03 a.m.: Italy approves $60 billion stimulus packageItaly’s government has approved a $60 stimulus package to help businesses and families reeling from the economic fallout of the coronavirus pandemic.“Your cry of alarm didn’t escape us,” Italian Prime Minister Giuseppe Conte said in a national address Wednesday night following a cabinet meeting.Under the package, hotel owners won’t have to make the next payment of real estate taxes, while parents would receive money to pay for babysitting or summer recreation centers since schools won’t reopen in Italy until September.Once the worst-hit country in Europe, Italy was the first nation in the world to impose a nationwide lockdown due to the coronavirus pandemic. More than 222,000 people in Italy have been diagnosed with COVID-19 and at least 31,106 have died, according to a count kept by Johns Hopkins University.Last week, Italy began to slowly lift the strict lockdown by easing some restrictions. The country’s economy is forecast to contract by at least 8% this year as a result of the epidemic.6:09 a.m.: Russia reports just under 10,000 new casesRussia reported 9,974 new cases of COVID-19 on Thursday, the first time in 12 days that the country’s daily tally was under 10,000.The new cases confirmed over the past 24 hours bring Russia’s total to 252,245, according to the country’s coronavirus response headquarters.Russia has the second-largest national tally of COVID-19 cases in the world, behind the United States. The country reported a record 11,656 new infections on Monday.Russia also has one of the world’s fastest rates of new infections in the coronavirus pandemic, second only to the U.S.However, the country’s death toll from the disease remains relatively low with just 93 new fatalities reported over the past 24 hours, bringing the nationwide total to 2,305, according to the coronavirus response headquarters.Russian President Vladimir Putin has declared an end to a partial economic shutdown across the country due to the outbreak, but he said that many restrictions will remain in place. For instance, wearing face masks and gloves is mandatory for people using public transportation in Moscow.5:42 a.m.: China to ramp up testing amid fears of a resurgenceChina reported three new locally-transmitted infections of the novel coronavirus on Thursday, raising concerns of a rebound of the epidemic in the country’s mainland territories.The three new cases of COVID-19 were reported across two northeastern provinces on the Chinese mainland that have seen an increase in domestic infections in recent days, although the country’s daily tally has plummeted from the height of the outbreak in February.Song Shuli, a spokesperson for China’s National Health Commission, said at a press conference Thursday that the country will ramp up COVID-19 testing and screening nationwide to prevent a resurgence in cases.The announcement comes just days after health authorities in Wuhan, the Chinese city that was ground zero of the coronavirus pandemic, declared they would test the city’s entire population of 11 million people after detecting a cluster of new locally-transmitted infections there for the first time in over a month.Overall, the Chinese mainland has reported 82,929 confirmed cases of COVID-19 with 4,633 deaths so far. There are still 101 people in hospitals being treated for the disease, while another 712 people with asymptomatic cases remain isolated under medical observation, according to the National Health Commission.3:45 a.m.: California police arrest woman for selling non-approved test kitsA woman was recently arrested in Southern California for allegedly selling non-approved COVID-19 test kits, police said.The Los Angeles Police Department took 39-year-old Ying Lien Wang into custody Tuesday afternoon after serving a search warrant at her home in Santa Monica, west of downtown Los Angeles. Authorities recovered 61 COVID-19 at-home test kits that had not been approved by the U.S. Food and Drug Administration.Prior to her arrest, investigators went undercover and bought test kits from the woman on three occasions. She was allegedly selling the kits for $50 on Craigslist, according to police.“None of the Covid-19 test kits recovered had been tested to meet United States safety standards and could pose a risk to anyone using them,” the Los Angeles Police Department said in a statement late Wednesday. “Residents are reminded that Los Angeles is offering free coronavirus testing to all residents.” Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Fat cats spoil good trend on sex pay gap

first_img Previous Article Next Article The gender pay gap has widened for the first time in 20 years because ofinflation-busting pay rises awarded to the country’s top earning men. Income Data Services (IDS) figures show the gap in pay between men and womenwidened by 0.3 per cent in 2002, breaking the trend of the last two decadeswhere it has narrowed by 0.5 per cent a year. Had it not been for large executive pay rises the pay gap would haveactually shrunk because women’s average hourly earnings grew at a faster ratethan men’s in 95 per cent of the workforce. Julie Mellor, chairwoman of the Equal Opportunities Commission, said thefigures should act as a wake-up call for employers that they still need to domore to end unfair pay. “It is essential that employers review their pay systems to ensure theyare not short- changing women. We as a society also need to reassess the valuewe place on jobs traditionally done by women,” she said. A spokesman for IDS said its analysis of more than 250 jobs shows the keyfactor behind the pay gap was the different types of occupation performed bymen and women. It highlighted the concentration of women in retail, cleaning,clerical and caring roles, compared to the high proportion of men inmanagement, sales, production and maintenance jobs. Last year figures from the Office for National Statistics showed the pay gaphad grown, with women typically earning just 81.2 per cent of male salaries. www.incomesdata.co.uk Fat cats spoil good trend on sex pay gapOn 28 Jan 2003 in Personnel Today Related posts:No related photos. Comments are closed. last_img read more

Hospitality Instructor

first_imgDescription/Job SummaryJob Summary:Plan, conduct and assess instructional activities – to includesafety, proper use of tools, construction math, blueprint readingand introduction to construction trades.Maintain educational records, inventory, and tool controllogs.Track student achievement by coordinating and administeringtests in accordance with acceptable reporting procedures;Fully understand how to operate and safely drive your assignedvehicleProvide hands-on instruction and practical training to includehow you inspect vehicles prior to and following each trip.Provides instruction to adult learners with varying educationallevels, abilities, and backgrounds and is able to appropriatelyadapt and deliver material to multiple experience levels.Uses appropriate technology to enhance student learningoutcomes.Utilizes a course syllabus for each course taught followingestablished institutional guidelinesMakes recommendations for program improvements as appropriateand required.Interfaces regularly with the project team and otherinstructors and attend scheduled meetings.Maintains confidentiality of student records and othersensitive subject matter.Works assigned schedule exhibits regular and predictableattendance.Prepare students to take the exam.Perform related duties as required.Required QualificationsMinimum Qualifications: Five years documented hospitality work experienceBA/BS from a regionally accredited institution2 years documented teaching experienceComputer skill in MS OfficeCertified in HospitalityPreferred Qualifications7 years of experience working in Hospitality7 years of teaching in the Hospitality fieldlast_img read more

Adjunct Faculty – MPA – Public Finance and Budgeting

first_imgAurora University is an Equal Opportunity Employer. Aurora University seeks talented adjunct faculty who are passionateabout teaching and learning. Adjunct faculty are qualifiedpart-time instructors offered teaching opportunities based oncourse demand and staffing.Aurora University is searching for a qualified instructor to teacha graduate-level MPA course on Public Finance and Budgeting at itsCenter in Woodstock, Illinois on Thursday evenings from June 29,2020 to August 22, 2020 and at its main campus in Aurora, Illinoisfrom August 24, 2020 to October 17, 2020.While a terminal degree is preferred, a master’s degree in arelated field is required. Industry experience and college-levelteaching experience preferred.Please email resume or curriculum vitae, plus cover letter statingthe specific areas you are interested in teaching to:[email protected]last_img read more

Speech: Secretary of State speech at International Education Strategy event

first_imgIntroductionThank you all very much for coming this evening – and to our lead sponsor HSBC, and our supporting sponsor Pearson for making this event possible.Let me start with a question. If I were to ask you to rank these sectors in order of their estimated export contribution to the UK economy, with the greatest at the top, what would you say?Insurance, Education, and Whisky. Any guesses?Well, it may surprise you to learn that based on the latest figures, Education would come top with £19.9 billion.The total export of insurance and pension services from the UK was £18.8 billion. And Whisky exports were just £5 billion.I don’t think £5 billion is small beer – if you excuse the expression. As a proud Scot and whisky-lover, £5 billion is obviously a huge amount of money. But it just shows how successful education is as an export.Now, drawing comparisons is always a minefield and I want to make clear that while I’m quoting official figures, I’m not strictly comparing like with like. But my point is a very simple one: education is an unsung hero of our UK exports and makes a massive contribution to our economy.The fact is that our education exports are a remarkable success story – a jewel in our economic crown – and it is a success we should be unapologetic about celebrating.Some 67% of the value of these exports come from higher education, much of it in the form of international students.Most of the countries on earth – some 160 – use UK international qualifications in their national secondary examinations. Thousands of international schools use the UK’s K-12 curriculum – and almost 25,000 students directly attend over 40 overseas UK schools.All but 15 of the world’s countries receive some sort of transnational education services from UK universities.And of the world’s top 10 universities, 4 are in the UK, compared to 5 in the United States and only one, ETH Zürich – in the rest of Europe. Our Education Strategy thus builds on a remarkable record of success. However, we cannot rest on our laurels.The changing global education marketplaceBritain stands on the brink of a new era in our trading history. It is an opportunity we intend to seize as an outward looking Global Britain.The United Kingdom is a great, outwards looking trading nation. It is not only in our history – it’s part of our make-up. Today, a key component of this is our services sector, we are one of the world’s largest service exporters – second only to the United States.The share of global GDP of the seven largest emerging economies – including China, India and Turkey – has been projected to increase from around 35% to nearly 50% by 2050.The global middle class is expected to reach 5.4 billion people by 2030, up from 3 billion in 2015.This seismic shift in economic and demographic power will rapidly change opportunities in the global economy, driving demand for precisely those skills and expertise in which the UK already excels.And our educational providers can be at the forefront of this shift, reaching out to seize the opportunities of a rapidly changing and expanding global education market.Strategy outlineOur International Education Strategy is designed to achieve just this.As the Education Secretary has just outlined, we recognise that it is leaders like you – not government – that must be at the forefront of this ambition.That is why it is a sector-led Strategy, developed in cooperation with education providers across the UK to address the practical barriers you face, and finding the right tools to overcome them.Some education providers may feel they are not suited to take advantage of exporting opportunities, or lack the confidence or knowledge in how to pursue them.They may not have the information they need about how to tackle policy or regulatory barriers to access overseas markets, how to seek and get finance, or even where to go for help.This Strategy is about overcoming these challenges. At its heart is an ambitious goal of achieving an increase in the value of our education exports to £35 billion per year.Partnership across governmentIt sets out a whole-of-government approach to put in place the practical, advisory and promotional support to further strengthen the UK’s position at the forefront of global education: connecting international partners, opening markets and unlocking new opportunities in rapidly growing areas such as early years and EdTech.An early example is the digital learning company, Pearson, our supporting sponsor here tonight. They have received an official endorsement from the Thai government which allows BTEC qualifications to be delivered in every vocational and higher institution in Thailand, with the view to expand BTECs across 800 vocational institutions in the country.And supported by the Department for International Trade, a delegation from the Thai Ministry of Education, visited Pearson in November 2018, to discuss future plans and to sign an agreement between Pearson, the Ministry for Education and trade bodies of Thailand to work together on BTEC implementation.Soft power benefits of education exportsSuccess stories like these are important: and not just for our economy. Promoting the UK’s education sector is not just about jobs and exports growth.Education is the enemy of ignorance. It promotes understanding across borders. It is something that is universal: bridging barriers of country, language and politics. It nurtures new ideas, spurs innovation and opens minds. It is the building block of prosperous, creative and free societies. It is an end in itself – the building block that all civilisations have utilised.So this Strategy also recognises that the benefits of our education exports extend, not merely to growing the exports, investment and jobs the UK needs.It also extends to the wider benefits of growing the UK’s ‘soft power’: aiding our international collaboration, helping tackle global challenges like poverty, and, in turn, strengthening our national security.ConclusionForging a new role for the United Kingdom on the world stage starts with rising to the exporting challenge – of which this Strategy and the education sector will form a key part.I am confident that, working across Government, educational institutions and leaders like the ones in this room, we can rise to this challenge – ensuring that the future of the UK education sector is even more outstanding than it was in the past.The potential is there. So are the opportunities. And, with this Strategy, so are the tools.Now we need to build the network and relationships that will help realise those opportunities. And that is what this event is all about. So over to youlast_img read more

Australian wildfires will claim victims even after they’re out

first_img Rebuilding a French masterpiece Harvard-trained architect discusses the restoration of Paris’ Notre-Dame Cathedral Related Breathing uneasily GAZETTE: How long does it take the air to clear from these kinds of events?MICKLEY: That’s a good question. For much of the world, air quality returns within days to normal conditions because the wind will carry away the plumes, and the fire is dead. However, if there is peat in the soil, which you often see in tropical forests, that peat can smolder for weeks. So in these areas the fires need not just to be controlled, but actually extinguished. Then, the smoke will die down pretty quickly.GAZETTE: Do you think these fires in Australia foreshadow the kinds of fires we could see in this country in the future?MICKLEY: Yes, I do. If you look at the history, Australia and other areas like the western U.S. have gone through large climate changes in the past, maybe 500 to several thousand years ago. These are what we will call natural variations in climate, sometimes accompanied by very severe droughts. I was recently looking at records of charcoal in lake sediment, which are made by bringing up cores of dirt from the bottom of a lake. These records provide a sense of when fires occurred because you can see layers of charcoal indicating that there was regional fire at that time. In lake sediment from Tasmania, an island state off of Australia’s southern coast, it looks like there was tremendous fire activity occurring periodically over the last 2,400 years. But the authors of the paper examining these records stress that just because intense fire activity comes naturally from time to time, human-caused climate change could also bring back some of these same conditions experienced in the past. But this time there may be no return to normal conditions, at least not for a long time. That is, as we pump more carbon dioxide into the air, and temperatures rise, some regions, particularly Australia, are expected to get much drier, and these weather conditions will likely persist. Carbon dioxide lasts a very long time in the atmosphere — centuries, so things don’t look good. The increase in temperatures alone evaporates the moisture in the soils. Combine that with a drought, and you have even drier conditions. This dryness turns the vegetation into a fuel that can feed the fires very well, as we’ve seen. As California fights devastating Camp Fire, Harvard’s Joe Allen explains when and where smoke threatens health center_img The Daily Gazette Sign up for daily emails to get the latest Harvard news. The recent massive wildfires in Australia have killed more than 30 people and an estimated 1 billion animals, and burned 2,500 homes and millions of acres. And the human toll is expected to rise even after the blazes wind down. According to Harvard scientist Loretta Mickley, senior research fellow in atmospheric chemistry at the Harvard John A. Paulson School of Engineering (SEAS), long-term exposure to the smoke-filled air hanging over much of the country could lead to many premature deaths in Australia. In 2015, Mickley and a team of experts estimated that the air polluted by large forest fires in Indonesia had caused more than 100,000 premature deaths in that region. “The air quality across a large area of Australia has been very poor over a sustained amount of time, and the net health effects could last for several months to a year,” said Mickley, who spoke with the Gazette about her research.Q&ALoretta MickleyGAZETTE: What are the short-term versus the long-term effects of exposure to this kind of smoke?MICKLEY: We do see acute health effects from fires. For example, someone may have an asthma attack from high levels of smoke in her neighborhood, or we might see an increase in hospital admissions for lung complaints or similar conditions. But what people don’t always realize is that the particles in the smoke can affect chronic conditions like heart or pulmonary diseases, and the current thinking is that the long-term health effects can be quite severe over a period of a year or even more. So someone may get a stroke next June in that region and not realize that it can be traced back to smoke exposure. I think that effect has not been widely reported with the fires in Australia.GAZETTE: Can you talk about the findings from your earlier work around fires and health outcomes and if they might apply here?MICKLEY: A few years ago we did a big project involving researchers from SEAS [the School of Engineering and Applied Sciences], the [Harvard T.H. Chan] School of Public Health, the Department of Earth and Planetary Sciences, and fire experts at Columbia University. Our team, led by Harvard principal research scientist Sam Myers, wanted to know about fires in Equatorial Asia, mainly in Indonesia where they have periodic strong smoke events lasting weeks. In that part of the world, many fires are deliberately set to clear the tropical forests in order to plant oil palm or other trees that are valuable in the marketplace. Farmers also use fire to reduce pests and clear debris in agricultural fields. In very dry years, which come periodically, these fires can get out of control; they escape, and the smoke can linger over a broad area for weeks at a time. And 2015 was particularly bad, with very heavy smoke comparable, I would say, to what at least some areas of southern Australia are experiencing now. Our team determined that the smoke that people in Equatorial Asia experienced in 2015 led to 100,000 premature deaths, with most of those deaths occurring in the one-year aftermath of the fires.,GAZETTE: Was there a main condition or disease that contributed to those deaths?MICKLEY: For our study we relied on well-known, well-established relationships between particulate matter and health outcomes that people have developed over the years through long-term monitoring. The main diseases linked to particulate pollution are cardiovascular diseases like heart attacks and strokes, followed by pulmonary disease, and, in kids, pneumonia. At first glance, it looks like the levels of pollution experienced by some Australians because of the recent fires may be on par with what we saw in some areas of Equatorial Asia in 2015. We have not yet done any quantitative analysis, though. And Australia is much less densely populated than Equatorial Asia, so we would expect fewer deaths.GAZETTE: In your research, did you find there was a particular length of time someone needed to be exposed to this kind of poor air to suffer the long-term health effects?MICKLEY: The longer you are exposed, the more likely you are to get a health impact. In Equatorial Asia, the smoke lasted for weeks. In our study, we averaged exposure over the year to determine the health impacts over the following year. “Someone may get a stroke next June in that region and not realize that it can be traced back to smoke exposure.” — Loretta Mickley, pictured above Is your home making you sick? New report outlines tips for making your house a healthy one last_img read more