Ottawa unveils new rules to cut auto emissions by 5 a year

We will see emissions at 50% of what they were in 2008OTTAWA — On the eve of global climate talks that will put Canada’s contentious policies under the microscope, Ottawa has introduced its next set of rules to cut greenhouse gas emissions from cars and light trucks.Under regulations proposed on Tuesday, vehicles built between 2017 and 2025 will be required to cut emissions by an average of five per cent a year, every year.Environment Minister Peter Kent said these rules should cut average gasoline costs by about $900 per auto.The regulations are designed to match U.S. standards first proposed more than a year ago and will build on existing regulations that cover models built between 2011 and 2016.“We will see emissions at 50% of what they were in 2008,” Kent said in an interview.Light trucks won’t have to meet the new standards as quickly as cars because manufacturers need extra time to make sure they can perform the work required by the farmers and construction workers who drive them, Environment Canada said in a background document.The announcement comes more than a year after the United States announced a similar plan, but the timing is no accident. Kent leaves this weekend for a week of climate change talks in Doha that, as usual, will put him on the defensive.“We wanted to make the announcement before Doha because it is another step forward in our sector-by-sector approach,” he said.While the Harper government has been vociferous in its attack against other approaches to controlling emissions, Canada’s policy of regulating industry by industry has drawn scorn not just from environmentalists but also other countries.In Canada, the federal environmental commissioner and the now-defunct National Roundtable on the Environment and the Economy have both said this approach is not enough to meet the country’s 2020 emissions target.Environmental organizations say Canada lacks credibility at the bargaining table as countries seek to replace the expiring Kyoto protocol with another binding international treaty to limit global warming.But Kent said he will tackle his critics head-on in Doha.“There’s an awful lot of misinformation out there and no little amount of disinformation about Canada’s commitment towards climate change, both in terms of mitigation and adaptation,” he said. “We’ll be meeting with the media, we’ll be meeting with our colleagues in the major economies’ forum, to talk about the things we are doing.“We’ll refresh the memory of folks who don’t know or who don’t want to know that our sector-by-sector approach has taken us halfway to our 2020 targets.”But Kent will not be taking any promises of money to the United Nations talks in Doha.The top U.N. climate official as well as many environmental groups are pleading with developed countries to live up to a commitment to help poor countries deal with and prevent more climate change.Time has run out for a $30-billion, three-year global fund that was meant to kick-start a larger $100-billion-a-year fund partly financed by the private sector. But the larger fund is still empty.No one should expect the Doha talks to change that, Kent said.“This isn’t a pledging conference,” he said, adding that he will make that clear at the meetings.The Canadian Press read more

AMCHAM Sri Lanka concerned over impact to investments

The American Chamber of Commerce in Sri Lanka expressed concern of the impasse reached in light of the current political developments in the country.While stating that this sends a worrying signal to the business community, locally as well as internationally – AMCHAM Sri Lanka also raised the concern highlighted by potential investors. The AMCHAM in Sri Lanka stands committed to implement our mandate which is to promote activities that would encourage and stimulate investment by US companies, support ongoing business operations of its members and encourage bilateral trade between the US and Sri Lanka. (Colombo Gazette) The Chamber called on all those concerned to collaborate towards a national interest and for a swift settlement to be reached in the best interest of the country and its economy. read more

Police fire water cannons and tear gas on protest

The Police fired water cannons and tear gas on a protest staged by Higher National Diploma in Accountancy (HNDA) students at Lotus Road today.The students had staged a protest march and gathered at Lotus Road where they were prevented from proceeding further. The Police then fired water cannons and tear gas to disperse the protest.

Increasingly under attack women human rights defenders need better back up

Investigating and punishing any form of violence or threat against them. Repeal of any State legislation or elimination of any measures to penalize or obstruct their work. State institutions safeguarding their work to be strengthened. Due diligence of States to protect women human rights defenders that are threatened by non-State actors.,They flagged that women human rights defenders promote international human rights law; mobilize society in identifying human rights violations; and contribute to developing solutions with a gender perspective.According to the UN experts, these defenders call for gender equality and an end to gender-based violence by taking to the streets, airwaves and the internet, “bringing to light truths that are too often buried in darkness.”They often challenge social and cultural norms that limit women’s human rights, taking the necessary but often unpopular route of passionate activism for their cause.The UN experts concluded their statement by condemning all attacks on women human rights defenders.“We are particularly concerned regarding those who have suffered reprisals for their efforts to work with the United Nations and regional bodies.  Participation in the work of the international human rights system is in itself a right and must never be met with intimidation or attacks,” they stressed. Marking International Women Human Rights Defenders Day, 29 November, the statement said that the current global context of “unchecked authoritarianism” along with “the rise of populism, of corporate power and of fundamentalist groups” have contributed to closing the space for civil society.“This is being done through the enactment of laws and practices that effectively impede human rights work, including the misapplication of certain laws such as counter-terrorism and public assembly laws,” they explained.The experts pointed out that women human rights defenders also face the additional barriers of economic and other structural discrimination, and “unique challenges driven by deep-rooted discrimination against women and stereotypes entrenched in patriarchal societies related to gender and sexuality.”Moreover, sexual violence, defamation and intimidation, including against their family members, are being used as a deterrence. In 2017, Front Line Defenders recorded that 44 women human rights defenders were killed; an increase from 40 in 2016 and 30 in 2015.,They are at heightened risk of attacks and violence when working in areas such as  sexual and reproductive health, and often challenged by fundamentalist groups during conflict and post-conflict situations.“Situations of armed conflict, and the subsequent break down of the rule of law, create a dangerous environment for women and girls,” the UN experts underscored.“Women human rights defenders are pivotal in promoting sustainable peace, yet they are constantly excluded from peace processes and politics, often criminalized, and they experience gender-based violence, which hampers their participation in decision-making processes,” the experts spelled out.,On International Women Human Rights Defenders Day, UN human rights experts express thanks and admiration for their work, calling for:Public recognition by the highest State authorities of the importance and legitimacy of their work, and a commitment to protect them against violence or threats. read more

Joey Bosa named a finalist for Bednarik Award

Ohio State sophomore defensive lineman Joey Bosa has been named a finalist for the Bednarik Award just days after also being named a finalist for the Lombardi Award.The Bednarik Award is given to the defensive player of the year in college football and the Lombardi Award is given to the best lineman in college football.Bosa has accumulated 11.5 sacks on the year which is good for fifth in the nation according to and best in the Big Ten. His 18 tackles for loss are also good for first in the conference.Bosa has helped lead a Buckeye defense that has given up 330.4 total yards per game this season, good for 19th in the country. OSU is 10-1 overall and 7-0 in the Big Ten, thanks in part to a game-clinching sack by Bosa on the final play of a double-overtime win against Penn State on Oct. 25 in State College, Pa.Clemson senior defensive lineman Vic Beasley and Arizona sophomore linebacker Scooby Wright are the other two finalists for the Bednarik Award.OSU’s most recent major postseason award recipient was defensive back Malcolm Jenkins in 2008 when he was awarded the Thorpe Award for most outstanding defensive back.The presentation of the Bednarik Award will be held on The Home Depot College Football Awards Show on Dec. 11 at 7 p.m. read more

Mining reagent major Axis House opening new location in Turkey

first_imgAxis House the leading reagent technology management company offering mining chemicals, flotation and mineral processing solutions since 2001 has become a major supplier and distributor of chemicals to the mining industry. As a result of extensive years of experience in the DRC and Zambia, Axis has announced the addition of a satellite office in Turkey that will service Northern Africa, Middle Eastern, European and Central African clients.Axis House MD Justine Stubbs says: “We have spent years consistently pushing the boundaries of innovation for our diverse clients, and this satellite office is just the first step for Axis House in our scope for expansion into the main copper-producing regions globally as well as gold and platinum.” With a product offering, including both mining chemicals and mining consumables, the company believes that its expert team is always ahead of the curve. “We inherently believe that operational excellence can only be achieved through continuous and progressive innovation, and we are celebrating this progression with our new office in Turkey,” concludes Stubbs.The Axis House range of products includes mining chemicals for flotation – including proprietary flotation technology, primary and secondary collectors, the Hydrofroth™ range of frothers, and sulphidising agents – as well as depressants, thickeners, hydrometallurgical reagents and laboratory chemicals.,Axis House the leading reagent technology management company offering mining chemicals, flotation and mineral processing solutions since 2001 has become a major supplier and distributor of chemicals to the mining industry. As a result of extensive years of experience in the DRC and Zambia, Axis has announced the addition of a satellite office in Turkey that will service Northern Africa, Middle Eastern, European and Central African clients.Axis House MD Justine Stubbs says: “We have spent years consistently pushing the boundaries of innovation for our diverse clients, and this satellite office is just the first step for Axis House in our scope for expansion into the main copper-producing regions globally as well as gold and platinum.” With a product offering, including both mining chemicals and mining consumables, the company believes that its expert team is always ahead of the curve. “We inherently believe that operational excellence can only be achieved through continuous and progressive innovation, and we are celebrating this progression with our new office in Turkey,” concludes Stubbs.The Axis House range of products includes mining chemicals for flotation – including proprietary flotation technology, primary and secondary collectors, the Hydrofroth™ range of frothers, and sulphidising agents – as well as depressants, thickeners, hydrometallurgical reagents and laboratory chemicals.last_img read more

33 believe employers should pay employees for keeping healthy

first_imgA third (33%) of UK respondents believe their employers should pay them for keeping healthy, according to research by Willis Towers Watson.Its 2017-2018 Global benefits attitudes survey, which surveyed 31,000 employees across 22 markets, including 2,824 employees working for medium and large-sized private sector organisations in the UK, also found that 34% of UK respondents would only participate in their organisation’s health initiatives if there was a financial incentive to do so. This is a rise from the 26% of respondents who said the same in 2013.The research also found:70% of respondents in the UK do not believe that wellbeing-related rewards, such as health screening, physiotherapy treatment, gym or sports club membership and spa days, meet their needs.25% of respondents based in Europe, Middle East and Africa regions (EMEA) believe that employer initiatives have encouraged them to live healthier lives, compared to 40% of respondents living in Asia Pacific regions, 37% of respondents in Latin America and 31% of North America-based respondents.23% of global respondents use a programme offered by their employer or health plan during periods of high stress.41% of UK-based respondents are unable to pay an unexpected expense of £1,600, while 50% of global respondents often worry about their future financial state and 56% are confident in having sufficient retirement resources 15 years into their retirement.32% of UK respondents expect to work to age 70 or later, compared to 45% of respondents in Japanese and 7% of German respondents.43% of respondents based across EMEA regions are satisfied with their core benefits package, 55% appreciate their core healthcare plan, 50% value their core retirement plan, and 32% feel their benefit package is flexible enough.66% of employees based in North America would pay a higher amount of salary each month for more generous retirement benefits, compared to 56% of respondents from EMEA regions, 55% of Asia Pacific respondents and 61% of Latin America respondents.Mike Blake (pictured), wellbeing lead at Willis Towers Watson, said: “The figures suggest that despite employers increasing their focus on health and wellbeing, existing schemes are not appealing to employees and, as a result, many feel they need extra motivation to participate in the shape of financial incentives. Having a healthy workforce does, of course, greatly benefit employers, [because] it leads to lower levels of sickness absence, productivity loss and employee turnover, but employees reap the rewards of living healthier lives too. Taking care of health and [employee] wellbeing should be a shared priority of both employee and employer, not seen as additional workload that [employees] should be compensated for.“[Organisations that] struggle to engage with employees would be wise to review [their] current health and wellbeing initiatives, so that they are truly valued by employees and meet their needs and personal health goals. It is understandable that [organisations], particularly those [that] are frustrated at a lack of engagement, are tempted to offer financial incentives to employees. But this can be a knee-jerk response to problems that may require deeper answers.“Often, a more sustainable solution is to ask more searching questions about the programmes and initiatives that are already in place, for example: are they joined up; do they connect to employees’ wants and needs; is there a broad enough range; and are they well communicated?“Employers could consider appealing to the tech-savvy, time-strapped, fitness-conscious [employee], for example, by offering wearable technology subsidies, promoting the use of meditation apps and introducing health-league tables.  After all, health and wellbeing programmes, as well as health-orientated benefits, are only valuable if they are utilised.“Very often, [employers] experience an initial upsurge in engagement when they introduce new initiatives or wellness programmes, but experience shows that this can be short-lived as people get used to them over time and they lose their behavioural influence. Employers need to plan for this by attracting employees’ attention and keeping them motivated. Communication is key in achieving this. Regular, effective messaging can help reinforce the personal benefits of participation and lower the risk of complacency or disengagement.”last_img read more

AMI Fully Acquires Soap Opera Digest from Source Interlink Media

first_imgAMI has taken the next step of fully absorbing Soap Opera Digest by purchasing it from Source Interlink Media. AMI had been essentially running the full operation of the title—from edit to production to advertising and distribution—under a licensing agreement. The deal officially closed last month and terms were not released.Soap Opera Digest is a weekly with a total circ of about 221,000. AMI had taken over production services of the magazine from Source, along with Soap Opera Weekly, last April in what was supposed to be a four- to five-year agreement. But that agreement had all the signs of a pending acquisition—Source felt the titles were no longer strategically valuable and AMI saw a fit with their entertainment group. Soap Opera Weekly and teen celebrity title Pixie, which were also picked up by AMI from Source as part of the licensing deal, did not fare as well. Both brands were shut down last April.last_img read more

Report Reluctance To Vaccinate Hurting Texas Ability To Respond To Public Health

first_img To embed this piece of audio in your site, please use this code: 00:00 /00:50 Listen Sharecenter_img X View Fullscreen PAN AMERICAN HEALTH ORGANIZATION/FLICKRThe anti-vaccination movement is taking a toll on Texas’ ability to respond to public health threats. An annual study by the Robert Wood Johnson Foundation shows that comes even as health security preparedness is improving for the nation as a whole.The study tracks six key measures of health security. One of the areas where Texas is falling farthest behind is in “countermeasure management,” which includes vaccination.“That’s an issue that lots of states are struggling with now as we’re seeing more people become hesitant to undertake vaccination, but that’s an issue that’s also confronting Texas and one that’s very important for keeping the population protected against infectious disease outbreaks in particular,” said Glen Mays, a professor of public health at the University of Kentucky and lead author of the report. Mays said that reflects not only a drop in vaccination for childhood diseases, such as measles, but also for influenza.By contrast, the report finds Texas is above the national average when it comes to health security surveillance — that is, monitoring where threats emerge so they can be quickly contained.  last_img read more

Create Your Own Awful Furry Friend in Sonic Forces

first_imgStay on target Hands-On: ‘Mario & Sonic at the Olympic Games Tokyo 2020’ Seems FineLive-Action ‘Sonic the Hedgehog’ Delayed to 2020 The upcoming Sonic Forces will let players create their own unique custom characters. This is something that could either be a big boon for the series or a (hilarious) disaster in the making.Players will be able to select from seven different animal species. These include hedgehogs (naturally), bears, birds, cats, dogs, and wolves. Another neat thing is that your custom character will pop up during Sonic Forces‘ main storyline. It’s not clear how involved they will be, but expect them to at least appear during cutscenes. Each one of these critters has their own set of moves and gadgets. You can see a bit of how customization works in the trailer below.Sega also released a short gameplay trailer featuring a custom character. Like Sonic Generations, Sonic Forces will have 2D sections. They still contain 3D graphics, but they’re presented from a two-dimensional perspective. You can see some of that action right below.Custom character options are a big deal these days so having the feature in Sonic Forces should go over well. I can totally see people creating some truly cool or grotesque characters with this tool. Based on the first trailer in this post, it appears that customization options will be limited. This will no doubt help to keep folks from creating anything overtly offensive. This is still a kid’s game after all, and Sega is no doubt trying to keep that sort of stuff to a minimum.However, the best/worst part about this is Sega seemingly celebrating the… passionate part of the Sonic fan base that deeply enjoys drawing their own awful characters, characters somehow even worse than Big the Cat. This isn’t surprising. The Sonic Twitter feed is all the official proof we need that Sega is aware of the dark meme parts of Sonic Culture. But canonizing what might as well be DeviantArt characters in the next big Sonic game is a new high/low.Sega might as well buy and republish Sonic Dreams Collection. It’s not like things could get any grosser.Sonic Forces will be released on PC, PlayStation 4, Xbox One, and Nintendo Switch this holiday season.last_img read more

Govt takes up intervention programme to grant better lives to tribal groups

first_imgKolkata: The state Tribal Development department has undertaken a special intervention programme for the development of vulnerable tribal groups like Shabar (Lodha), Birhore and Toto.The department has conducted a survey following the instruction of Chief Minister Mamata Banerjee. According to the 2011 census, Shabar population in the state is around 40,000, of whom 18,000 reside in Jhargram. There are 1,500 Totos who stay in Madarihat-Birpara block of Alipurduar, while there are 365 Birhores who live in the Ayodhya Hills of Purulia. Also Read – Rain batters Kolkata, cripples normal lifeThe Tribal Development department has provided a special budget of Rs 12.90 crore in the current fiscal for implementation of the schemes. These are likely to enhance their livelihood opportunities, arrest migration and improve social habits. It has been decided that new dwelling houses under Bangla Awas Yojana will be constructed, while the houses that are in bad shape will be repaired or renovated. The state government will also conduct a special drive to provide drinking water in the tribal habitations. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedSelf-Help Groups (SHG) will be set up to provide better livelihood. Cattle and goat rearing, backyard poultry, horticulture and floriculture, orchard and kitchen gardening will be encouraged. Tribal department officials, along with the local Gram Panchayats, will visit the areas to encourage the beneficiaries and make them aware of the various schemes that are being taken up by the state government. Agriculture will be boosted by improving the irrigation system. Special emphasis will be given on the traditional handicraft products and attempts will be made to give them skill training and design development. Artisan clusters will be developed and soft loans will be given to the artisans under various subsidy schemes. It may be mentioned that supply of rice at Rs 2 a kilo by the state government has helped the tribal people enormously. The people are now getting two square meals a day. Awareness campaigns will be launched about the schemes taken up by the state government and how they are going to benefit them.last_img read more

Smelling food may make you fat

first_imgThe ability to smell food may be making you fat, while its absence may trick the body into thinking that it has already eaten, scientists say. Researchers, including those from University of California, Berkeley in the US found that obese mice who lost their sense of smell also lost weight on a high fat diet.The slimmed-down but smell-deficient mice ate the same amount of fatty food as mice that retained their sense of smell and ballooned to twice their normal weight, they said. Also Read – Add new books to your shelfThe team also found that mice with a boosted sense of smell – super-smellers – got even fatter on a high-fat diet than did mice with normal smell.The odour of what we eat may play an important role in how the body deals with calories. If you can not smell your food, you may burn it rather than store it, researchers said.Sensory systems play a role in metabolism. Weight gain is not purely a measure of the calories taken in, it is also related to how those calories are perceived, they said. Also Read – Over 2 hours screen time daily will make your kids impulsive”This paper is one of the first studies that really shows if we manipulate olfactory inputs we can actually alter how the brain perceives energy balance, and how the brain regulates energy balance,” said Celine Riera, a fellow at Cedars-Sinai Medical Centre in Los Angeles in the US.Researchers noted that mice, as well as humans, are more sensitive to smells when they are hungry than after they have eaten, so perhaps the lack of smell tricks the body into thinking it has already eaten. While searching for food, the body stores calories in case it is unsuccessful. Once food is secured, the body feels free to burn it.Researchers used gene therapy to destroy olfactory neurons in the noses of adult mice but spare stem cells, so that the animals lost their sense of smell only temporarily – for about three weeks – before the olfactory neurons regrew.The smell-deficient mice rapidly burned calories up by regulating their sympathetic nervous system, which is known to increase fat burning.The team noted that the mice turned their beige fat cells – the subcutaneous fat storage cells that accumulate around our thighs and midriffs – into brown fat cells, which burn fatty acids to produce heat.Some turned almost all of their beige fat into brown fat, becoming lean, mean burning machines.In these mice, white fat cells – the storage cells that cluster around our internal organs and are associated with poor health outcomes – also shrank in size.Researchers found that the obese mice, which had also developed glucose intolerance – a condition that leads to diabetes – not only lost weight on a high-fat diet, but regained normal glucose tolerance.The study was published this week in the journal Cell Metabolism.last_img read more

Sewage leaks in Ladysmiths Agra Road for almost 4 yearsSewage leaks in

first_imgWebsiteWebsiteWebsite WebsiteWebsiteWebsite WebsiteWebsiteWebsite Also read: Sewer leaks for 2 weeks non-stop, angering Ladysmith homeownersAlso read: Sewer water flows for months on end behind Ladysmith’s Police FlatsIFP councillor Abbas Warasally commented that: “Why can’t uThukela fix the problem properly, instead of four years’ worth of repairs that haven’t worked?”Residents want the problem gone for good and don’t want to see smelly sewage flowing for another four years.Click to receive news links via WhatsApp. Or  for the latest news, visit our webpage or follow us on Facebook and Twitter. Join us there! Homeowners and business owners in Agra Road and Highlands Road are fed up with the sewage that has been flowing for years, with no end in sight.Residents and workers in the area say that uThukela workers do come out and try to fix the problem, yet they only succeed in flushing out the sewer water and after a few days it’s back again.Business owners in the area say that the smell affects their businesses, with clients not wanting to drive through the sewer water which splashes up onto their vehicles. “I have to keep my shop doors closed due to the smell,” fumed one business owner.They ask why the problem can’t be fixed once and for all so that business can run as normal in the area.One resident who has been living in the street for three years says the sewage has been leaking ever since he moved in.Residents say the sewer water flows out of a manhole, and at different times of the day or the evening, the effluent flows like a river.To add to the smell are the mosquitoes that have taken over the area.Also read: Sewage leaks for over 5 years in Ladysmith parking lotlast_img read more

CWTs annual conference showcased the value of travel agents

first_imgCWT’s annual conference showcased the value of travel agents MISSISSAUGA — Carlson Wagonlit Travel (CWT) highlighted the value of travel advisors at its annual North American-wide leisure conference, which recently took place at the Beverly Hilton in Los Angeles and onboard the Ruby Princess for a three-day cruise to Vancouver.The theme of this year’s conference was ‘I’mPossible’ and featured the hashtag #CWTalwaysgoing further. Over 150 travel professionals from across North America took part, including CWT’s owners, managers and leadership from Canada the U.S. along with preferred supplier partners.“We wanted to inspire our network to think differently and redefine what’s possible, and to find innovative ways to provide truly remarkable travel experiences to our customers,” said Una O’Leary, senior director, marketing and supplier management, North American leisure, CWT. “In bringing CWT travel professionals together with our preferred supplier partners, from such a wide spectrum of backgrounds, we are sharing insights and working together to provide unique service and product offerings.”More news:  Flight Centre Travel Group takes full ownership of Quebec-based agencyThe conference included presentations, workshops, panel discussions and a keynote address by Colin and Julie Angus, a husband and wife team of National Geographic Adventurers of the Year. Their keynote address, ‘ Dream, Dare, Do – Making the Impossible Possible’, provided stories of their expeditions, from rowing across the Atlantic Ocean to trekking through Siberia in the winter. They also shared strategies on how to overcome challenges, reach monumental goals and go a step further.“Customers, more than ever, want authentic and customized vacations and to connect with the destinations they visit,” said Mark Stubbert, senior director, North American leisure operations, CWT. “The CWT Conference is about creating sessions that are valuable for the network. By aligning our advisors with suppliers that are going to meet their needs, we are ensuring we continue to grow and be more successful.” Posted by << Previous PostNext Post >> Sharecenter_img Travelweek Group Tuesday, May 8, 2018 Tags: Carlson Wagonlit Travellast_img read more

5 Ukrainian troops killed as ceasefire teeters on brink

first_img Top Stories New Valley school lets students pick career-path academies Ukrainian President Petro Poroshenko on Wednesday condemned reluctance by Russian-backed rebels to pull back their weapons.But monitors from the Organization for Security and Cooperation in Europe said in its most recent daily report Monday that Ukrainian troops, too, are failing to abide by restrictions on weapons deployments.“Despite claims that withdrawal of heavy weapons was completed, (monitors) observed the following weapons movements in areas non-compliant with the withdrawal lines: in government-controlled territory, five tanks, three artillery pieces and one Grad Multiple Launch Rocket System,” the report said.___Yuras Karmanau in Minsk contributed to this story.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Former Arizona Rep. Don Shooter shows health improvement 3 international destinations to visit in 2019 KIEV, Ukraine (AP) — Five Ukrainian government troops battling separatist forces in the east have been killed in one of the worst single days of bloodshed since a cease-fire was declared in February, military officials said Wednesday.Army spokesman Andriy Lysenko said four soldiers died when their armored vehicle hit a mine near the front line town of Avdiivka. Another was killed in an ambush at another location, Lysenko said. Milstead says best way to stop wrong-way incidents is driving sober Sponsored Stories Check your body, save your life Comments   Share   Skirmishes have reportedly been increasing in recent weeks along the line of contact between the warring sides.Some diplomatic effort was made Wednesday to reach a more enduring settlement as Ukrainian and separatist representatives met for talks in the Belarusian capital of Minsk.The talks, under the auspices of the Organization for Security and Cooperation in Europe, agreed to form so-called “subgroups” of rebel and Ukrainian representatives to discuss political, security, economic and humanitarian matters.The political group is likely to have the most challenging task as it discusses what degree of autonomy the rebel regions could have while remaining part of Ukraine.“What was done today is a serious step toward political resolution; it will promote the halt of shooting,” said Azamat Kulakhmetov, Russia’s representative to the talks.More than 6,000 people have died over a year of conflict fueled by an armed insurgency calling for the breakaway of Russian-speaking eastern Ukrainian regions.International cease-fire monitors say both parties are violating the peace agreement by deploying heavy weapons near the front-line.Separatists have been showing off large amounts of their hardware in rehearsal for a military parade to take place later this week in their stronghold of Donetsk. The city is only a few kilometers from the front-line, so deployment of any firepower with a caliber superior to 100 mm would nominally be in violation of the cease-fire deal. Ex-FBI agent details raid on Phoenix body donation facility The difference between men and women when it comes to painlast_img read more

JPMorgan Chases RMBS Settlement of 500 Million Approved With Pension Funds

first_img May 28, 2015 617 Views JPMorgan Chase’s RMBS Settlement of $500 Million Approved With Pension Funds Share in Daily Dose, Featured, News, Originationcenter_img Bear Stearns JPMorgan Chase Mortgage-Backed Securities Pension Funds 2015-05-28 Seth Welborn A federal judge has approved JPMorgan Chase’s $500 million settlement with four pension funds over the sale of faulty mortgage-backed securities by Wall Street investment firm Bear Stearns before the financial crisis, according to media reports.JPMorgan Chase, the nation’s largest bank, acquired Bear Stearns in March 2008 at a stock-only price of $236 million, or $2 per share. In their lawsuit, the pension funds accused Bear Stearns of selling $17.6 billion worth of toxic mortgage-backed securities to them in the run-up to the crisis.The terms of the settlement were approved by Judge Laura Taylor Swain in the U.S. District Court for the Southern District of New York (in Manhattan). In addition to the $500 million, reports said Swain also approved the plan of allocation and $81 million in attorney fees, calling the settlement “fair, reasonable, and adequate.” According to the terms of the settlement, the defendants were not required to admit any fault or wrongdoing.Pension funds to which the settlement money will be allocated are the Public Employees’ Retirement System of Mississippi (MissPERS), the New Jersey Carpenters Health Fund, the Police and Retirement System of Detroit, and the State of Oregon, according to reports.The group of pension funds accused Bear Stearns of offering documents that contained “false” and “misleading” statements as to the quality of the securities in question. The group claimed in its original complaint that Bear Stearns made “untrue statements” and “omissions” in the documents and that the securities were “far riskier than represented.” Court documents said the complaint included 22 offerings from 64,000 underlying mortgage loans from about 500 originators.A spokesman for JPMorgan Chase declined to comment on the settlement when reached by email. A spokesperson for MissPERS referred MReport to the Mississippi Attorney General’s office, which did not immediately respond to a request for comment. In 2012, the bank’s CEO, Jamie Dimon, estimated that the Bear Stearns acquisition had cost the bank about $10 billion in losses over the previous four years.Legal troubles have mounted for JP Morgan Chase in the last two years regarding sales of mortgage-backed securities prior to the housing crisis. In November 2013, the bank agreed to a then-record $13 billion settlement with the U.S. Justice Department to resolve allegations misleading investors in the sales of MBS (nine months later, Bank of America broke the record by agreeing to a $16.65 billion settlement with the DOJ to resolve similar claims). Overall in 2013, JPMorgan Chase paid about $23 billion in settlements over its mortgage lending practices.The pension funds involved in the JPMorgan Chase settlement have settled with other firms over alleged MBS fraud. In February, three financial institutions (Citigroup Global Markets, Goldman Sachs, and UBS Securities) settled with the New Jersey Carpenters Health Fund for $235 million to resolve allegations of fraud on the part of the underwriters involving MBS sold to Residential Capital, an affiliate of the New Jersey Carpenters Health Fund. In September 2014, investment firm Morgan Stanley settled for $95 million with MissPERS to resolve claims that the firm misled investors as to the quality of RMBS it sold before the financial crisis.last_img read more

Amazons Impact on the Housing Market

first_img Amazon HQ2 Home Prices 2019-07-11 Mike Albanese Amazon’s Impact on the Housing Market 22 days ago 351 Views in Daily Dose, Featured, News, Origination, Secondary Marketcenter_img Share Amazon’s heralded HQ2 has yet to break ground in northern Virginia, but a report by the The New York Times states its pending opening has wreaked havoc on the local housing market. “That day in November, I got more Zillow calls, inquiries and leads off of Zillow than I did the entire month of October,” said Michelle Doherty, a real estate agent who focuses on South Arlington, Virginia, an area that is expected to change a lot.The report states that median home prices in Arlington County in June 2019 are set to increase 17.2% by the end of the year, according to a report by the Northern Virginia Association of Realtors, and the George Mason University Center for Regional Analysis. Amazon announced in November that HQ2 would be located National Landing, which includes the Virginia cities of Crystal City, Pentagon City, and Alexandria, all suburbs of Washington. Amazon intends to hire 25,000 over the next 10 to 12 years. Although not yet opened, Amazon has plans to hire 400 employees by the end of the year, and 1,000 to 1,500 people in the following years. The New York Times reports that Arlington is already one of the most expensive places to live in northern Virginia due to its proximity to Washington D.C., and many residents are cautious of the coming growth. “The fact that we’re going to have 25,000 more jobs in Arlington is just likely to make it even more difficult for someone who doesn’t have a large income to live in Arlington,” said Christine Richardson, a board member of the Northern Virginia Association of Realtors.Virginia is not the only market seeing home prices grow, as the latest CoreLogic Home Price Index (HPI) revealed national home price rose 3.6% year-over-year in May 2019.The report added that CoreLogic is forecasting prices to increase 5.6% from May 2019 to May 2020. The May 2019 gains was lower than the 6.4% increase of May 2018, but a slight increase from March 2019’s 3.3%. Homes in the lower-price tier saw the largest annual increases at 5.4%. The middle low-to-middle tier rose 4.5%, middle-to-moderate price tier increased 4%, and the high-price tier jumped 3%. last_img read more

The W Murcott originated in Morocco and is also r

first_imgThe W. Murcott originated in Morocco and is also referred to as a Nadorcott. Morocco’s dry summer and cool, wet winter creates an ideal environment for growing citrus. “It has been a smooth transition from our early winter Moroccan clementine crop as the Murcotts are anticipated to produce 20% more volume this year,” added Sears.“This crop will provide a healthy supply to the market throughout the season to meet shoppers’ growing demand for the easy peelers.” U.S.-based citrus, avocado and grape importer and distributor LGS Specialty Sales is reporting a strong Moroccan W. Murcott season marked by “robust supply and excellent quality”.Following the completion of a successful Moroccan clementine season, the company is expecting a steady supply of W. Murcotts through the end of April.“For nearly 30 years LGS has sought the best growing regions that meet a rigorous set of standards to provide the best fruits to the U.S year-round,” said Luke Sears, president and founder of LGS.“The fruit we import from Morocco, along with other countries, meets all “Darling specs” for the highest quality in color, flavor, and overall crop health.” You might also be interested in South Africa: Labor court stops striking workers a … EU: Spanish citrus group labels South African mand … center_img South Africa: Citrus industry hopeful for resoluti … February 25 , 2019 Avocado, coffee and citrus ‘threaten global food … last_img read more

COLUMBUS Ohio – Mark Wahlberg wants you to see th

first_img COLUMBUS, Ohio – Mark Wahlberg wants you to see the U.S.A. in a Chevrolet.The 47-year-old actor, producer, businessman and former rapper on Thursday announced he’s launching his first car dealership, Mark Wahlberg Chevrolet in Columbus, Ohio.Wahlberg is partnering with businessman Jay Feldman, who owns eight Chevy dealerships throughout southeast and mid-Michigan. They say they’ve been friends for several years and became partners in Wahlburgers restaurants in Cleveland and Georgia.In a statement, Wahlberg says he’s continuously looking for ways to innovate his brand and engage in businesses that’s he’s passionate about. He says he was inspired to “represent an iconic brand like Chevrolet.”Wahlberg’s business portfolio includes the Wahlburgers restaurant chain, a movie production company, a health and wellness company, and a water line with music mogul Diddy. FILE – In this Dec. 18, 2017 file photo, Mark Wahlberg arrives at the world premiere of “All the Money in the World” at the Samuel Goldwyn Theater in Beverly Hills, Calif. The 47-year-old actor, producer, businessman and former rapper on Thursday, July 19, 2018, announced he’s launching his first car dealership, Mark Wahlberg Chevrolet in Columbus, Ohio. Wahlberg is partnering with businessman Jay Feldman, who owns eight Chevy dealerships throughout southeast and mid-Michigan. (Photo by Jordan Strauss/Invision/AP, File) by The Associated Press Posted Jul 20, 2018 4:12 am PDT Last Updated Jul 20, 2018 at 12:40 pm PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Emailcenter_img Mark Wahlberg buying auto dealership in Ohiolast_img read more

Assad is slaughteri

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Adding to their appeal. Akogwu, A band of celebrities teamed up to create a video urging Republican members of the Electoral College to vote “your conscience”not for President-elect Donald Trump The ensemble Modern Hiker. known as the Maidan. Of the $861.” Along with his brother, "It absolutely hurt the housing market,Born in 1968 in Fergus Falls. read more