Category: svrprbyg

Q&A

Q&A

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fan Q&A KCS-content Share Thursday 2 September 2010 8:51 pm whatsappcenter_img whatsapp Show Comments ▼ Q.WHAT IS BEING SET UP?A.Three agencies will be established to keep tabs on banks, markets and insurers next January. The new European Banking Authority will be based in London, Paris will be home to the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority will be in Frankfurt.The EU will also establish a European Systemic Risk Board, an agency of the European Central Bank in Frankfurt that will keep watch for threats to the economy such as property price bubbles or soaring country debts.Q.HOW MUCH POWER WILL THE NEW REGULATORS HAVE?A.To begin with, the power of the new financial sheriffs will be restricted.In limited circumstances, they will be allowed to overrule a national regulator such as Germany’s Bafin or Britain’s Financial Services Authority.They would, for example, have the final say in a tug-of-war between countries, such as that between Belgium and the Netherlands over the future of banking and insurance group Fortis, which was split up during the crisis.But countries will be allowed to veto any order if it would force them to spend money, a power which members of the European Parliament had attempted to overturn out of concern that it would give states a get-out, allowing them to undermine the new authorities.The bodies are, however, likely to gather more powers as Brussels rolls out its reform of financial services. The European executive has, for example, proposed giving the markets authority the power to impose short-selling bans. Q.HOW MUCH POLITICAL SUPPORT IS THERE FOR THE NEW REGULATORS?A. Setting up the new authorities has been one of the most contested elements of the EU’s financial reform. Coordination among national regulators was largely disbanded as capitals scrambled to protect their banks and savers during the crisis. Nonetheless Germany and Britain, two of the EU’s most important economic centres, were reluctant to surrender power to the agencies.The threat of a political veto to their rulings will likely discourage the new agencies from intervening in the regulation of banks in London or Frankfurt. The stability board is in an even weaker position as it does not have legally binding power. Instead it will rely on the power to “name and shame” to discourage behaviour that could lead to another economic crash. One source familiar with the group recently said, however, that it would be reluctant to publicly voice concerns over threats for fear that it could rattle investors.For example, a warning to a country whose borrowing is dangerously high will mostly take place behind closed doors.Q.IS THIS THE BEGINNING OF A EUROPEAN-STYLE SECURITIES AND EXCHANGE COMMISSION?A.Experts in European policy have called the setting up of the new authorities a historic development, but their power and influence is likely to fall some way short of the US Securities and Exchange Commission. The European bodies will have a legal mandate as well as the discretion to overrule a country regulator if they bend the rules that the new agencies are responsible for setting. But with a limited budget and headcount, many fear the new regulators may struggle to make their voice heard. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Tags: NULLlast_img read more

Continental Reinsurance Plc (CONTIN.ng) 2014 Annual Report

Continental Reinsurance Plc (CONTIN.ng) 2014 Annual Report

first_imgContinental Reinsurance Plc (CONTIN.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2014 annual report.For more information about Continental Reinsurance Plc (CONTIN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Continental Reinsurance Plc (CONTIN.ng) company page on AfricanFinancials.Document: Continental Reinsurance Plc (CONTIN.ng)  2014 annual report.Company ProfileContinental Reinsurance Plc offers reassurance services for life and non-life classes through service centres in Nigeria, Cameroon, Côte d’Ivoire, Kenya, Tunisia and Botswana. The company’s reinsurance offering covers fire and engineering; motor, liability and general accident; marine and aviation; oil and energy; and individual and group life risks. Continental Reinsurance Plc also provides specialist advisory services for reinsurance structuring, actuarial and risk management and product development support. Continental Property and Engineering Risk Services (CPERS) Limited in South Africa is a subsidiary of Continental Reinsurance Plc and operates as a technical referral competence with the Group. The subsidiary company was established to meet the growing demand for specialist engineering insurance risk cover and advisory services. Its core functions are underwriting, risk surveys, claims handling and training. Continental Reinsurance Plc’s head office is in Lagos, Nigeria. Continental Reinsurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) Q12015 Interim Report

Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) Q12015 Interim Report

first_imgSwan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2015 interim results for the first quarter.For more information about Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) company page on AfricanFinancials.Document: Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu)  2015 interim results for the first quarter.Company ProfileSwan Life Limited (formerly The Anglo Mauritius Assurance Society Limited) offers services such as life assurance, pensions, actuarial, and investment businesses in Mauritius. The company also provides life, car, home, health, travel, and boat insurance products, education and retirement plans, investment plans, wealth management, and stockbroking services for individuals. Swan Life Limited is headquartered in Port Louis, Mauritius. Swan Life Limited is listed on the Stock Exchange of Mauritius.last_img read more

Aviva Premiership One to Watch: Tom James

Aviva Premiership One to Watch: Tom James

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Exeter and Irish both won last weekend, after losing their opening games, so they have their tails up and are in the try-scoring habit, with Exeter scoring seven in their first two matches and Irish six. The Madejski is a tough place to go but the Chiefs won there 27-23 last season and should edge it again this time.Watch James and Exeter Chiefs take on London Irish at the Madejski Stadium on Saturday, 21 September, kick-off 3pm. Chief on the charge: Tom James leaves the Wasps in his wake as he heads for the Sandy Park try-lineBy Katie FieldWho is the man of the moment?Tom James, the 26-year-old Exeter Chiefs wing who will be attempting to carve up the London Irish defence in an Aviva Premiership clash at the Madejski Stadium in Reading on Saturday, 21 September (kick-off 3pm).Why is he in the spotlight?The Chiefs recruited James from the Cardiff Blues in the summer and he made himself right at home at Sandy Park last weekend, scoring two tries on his competitive home debut against London Wasps, helping Exeter to a 30-26 win. James has ten Wales caps, but the last of those was won in November 2010 and he missed a chunk of rugby last season due to injury, managing just nine RaboDirect Pro 12 matches and two outings in a miserable Heineken Cup campaign for the Blues.Made in Wales: James has ten Welsh capsA loss of form and fitness saw move was best for both parties and although the Chiefs boss Rob Baxter didn’t consider him a nailed-on starter in the run-up to the season, partly because he was still returning to full fitness after his lay-off, James made his mark with his try double against Wasps.“TJ is looking better and better all the time,” says Baxter. “We will see more quality from him. His second try was fantastic. He spotted an opening and used a combination of pace and power to score.” This weekend James goes head to head with another in-form wing, Marland Yarde, who has crossed for three tries in London Irish’s first two Premiership games and is brimming with confidence after making his England debut on the summer tour. It should be an intriguing clash.What’s James got to say about it?“Since I arrived at Exeter, all I’ve wanted to do is play rugby and score some tries and I was lucky enough to get two [against Wasps]. I’m really enjoying it here, the pattern suit me and I am enjoying my rugby again.“It was a fresh challenge, with new coaches, and it’s all working for me. Just from the first game you could see it was a different competition (from the Pro 12), much tougher, and a different style of game.”Will he be whooping or weeping this weekend?center_img TAGS: Exeter Chiefs CARDIFF, WALES – NOVEMBER 28: Tom James of Wales gathers the loose ball as Digby Ioane of Australia closes in during the Invesco Perpetual Series match between Wales and Australia at the Millennium Stadium on November 28, 2009 in Cardiff, Wales. (Photo by Stu Forster/Getty Images) last_img read more

Worse feared after de facto regime closes radio and TV stations, cracks down on journalists

Worse feared after de facto regime closes radio and TV stations, cracks down on journalists

first_img 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies HondurasAmericas May 13, 2021 Find out more News RSF_en to go further Receive email alerts Help by sharing this information RSF begins research into mechanisms for protecting journalists in Latin America Turning its words into actions, the facto government yesterday followed up its decree suspending civil liberties by closing Radio Globo and Canal 36 television, two Tegucigalpa-based stations that had already been assaulted and suspended several times in the past three months for their opposition to the 28 June coup d’état.In both cases, the police evicted staff and confiscated all the equipment. The Honduran press freedom organisation C-Libre said the closures violated article 73 of the Constitution, which forbids the authorities to interfere in the operations any news organisations.“How far will this de facto government go?” Reporters Without Borders asked. “Its president, Roberto Micheletti, now has a strong chance of being added to our list of Predators of Press Freedom. He said he was ready to rescind the state of siege the day after declaring it but we think this means nothing unless the authorities immediately return the equipment taken from Radio Globo and Canal 36 and allow broadcasting to resume, and unless they stop the repression, especially the repression of human rights activists.”Ronny Sánchez, a Guatemalan journalist employed by the Mexican TV station Televisa, said he was beaten by members of the police units that were present for the confiscation of equipment from Radio Globo. Another Guatemalan journalist, Alberto Cardona of Guatevisión, was also the victim of police brutality.“The repression is worse than during the national security process in the 1980s, when civil liberties were still officially guaranteed,” Reporters Without Borders was told by Bertha Oliva de Nativi, the general coordinator of the Committee of Families of Detained and Disappeared Persons in Honduras (Cofadeh). “Now they no longer exist and the military can do what they like,” she added. “The public health situation is also becoming more and more alarming and needs attention from the international community as well.”Reporters Without Borders calls on the international community, led by Brazil and the United States, to press the de facto government to allow an Organisation of American States delegation to visit Honduras so that it can seek the release of the government opponents, journalists and human rights activists who are currently detained. Newscenter_img Reports News Follow the news on Honduras Organisation September 29, 2009 – Updated on January 20, 2016 Worse feared after de facto regime closes radio and TV stations, cracks down on journalists HondurasAmericas RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” April 27, 2021 Find out more December 28, 2020 Find out morelast_img read more

Confluence of Factors Has Led to the ‘Perfect Storm’ for Sustained Growth in SFR Space

Confluence of Factors Has Led to the ‘Perfect Storm’ for Sustained Growth in SFR Space

first_img Tagged with: Five Star Institute Single-Family Rental Summit Single-Family Rental Market Single-Family Rental Securitizations Servicers Navigate the Post-Pandemic World 2 days ago Confluence of Factors Has Led to the ‘Perfect Storm’ for Sustained Growth in SFR Space Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Share Save Home / Daily Dose / Confluence of Factors Has Led to the ‘Perfect Storm’ for Sustained Growth in SFR Space The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News Previous: DS News Webcast: Tuesday 10/13/2015 Next: Legacy Loans Remain Problematic As Foreclosures Fall Five Star Institute Single-Family Rental Summit Single-Family Rental Market Single-Family Rental Securitizations 2015-10-12 Brian Honea Related Articles Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago October 12, 2015 1,296 Views A confluence of factors has created the “perfect storm” for sustained growth in the single-family rental market, according to one expert in the Securities Lab of the Inaugural Five Star Institute Single-Family Rental Summit on Monday, October 12, in Las Vegas.Those factors include higher mortgage rates, tightening credit standards, rising home prices, an increased number of rental options, ever-increasing student loan debt, and the number of household formations to building permits combined with declines in income growth, distressed sales, personal savings rate, and the overall desire to earn a home, said Chris Crippen, managing director for US Residential Asset Fund.”This is all leading to the perfect storm for sustained growth,” said Crippen, who has worked as an analyst, asset manager, and executive for Wall Street REITs, the FDIC, and Fannie Mae before founding US Residential Asset Fund in 2010. “At the FDIC in 2007 and 2008, the question was ‘How long will REOs last?’ Then all the REO agents went into the investment space. How long will that last? Who knows. We’re in an artificially suppressed interest rate environment right now. Trends are good. We’re in a perfect storm for sustained growth. I could say for the next five years all looks great and we’ll check back then. If I had to put a number on it now I’d say we’re in the third inning. It’s not too late to get in.”Crippen gave a presentation in the lab on Areas of Growth in the single-family rental securitization space. The lab also included presentations from Charles Chacko, Founding Member, OS National (host of the lab); Sonny Weng, Lead Analyst, Single-Family Rental Sector, Moody’s Investor Service.During an 18-month period from 2009 to 2010 while working at the FDIC, Crippen and his team closed 150 banks int he southeast and closed another 23,000 assets. That, Crippen said, opened the door for institutional investors.”This was the beginning of the single-family rental space,” Crippen said. “Prior to that, just the cost for an institution to come in and buy a property at market level and try to cash flow it, it just wasn’t happening.””Institutionalization means really intelligent people are coming in here to figure out how they can make as much money as possible.””This is a $23 trillion market that is just now being institutionalized,” Crippen said. “Institutionalization means really intelligent people are coming in here to figure out how they can make as much money as possible. Typically this market was mom and pop investors—5 to 10 homes. There are about 14 million rentals in the U.S. and about 200,000 are institutionally owned. So there is so much room to grow here.”The demand for single-family rental houses has soared, which has caused the boom in the market, Crippen said.”If you look at a multifamily portfolio, they’re typically comprised of 1-1s, 2-2s, close to the urban core,” Crippen said. “Very few 3-2s. When someone has a kid or has a family and graduates from that and they want to own a home, where do they go? Prior to where we’re at now, there was really no place for them.”Crippen said the SFR industry is a maturing one where everything consolidates to the cheapest money, and as interest rates start to increase, higher efficiencies will be demanded and created, so there will be even more opportunities and more markets will open up in which renters can participate.”The ways to create efficiencies are policies and procedures and training, and data reporting is a huge thing when it comes to securitization,” Crippen said. “As the efficiencies are created, all the experience they’ve learned in the last four years it doesn’t stay with these institutions. As they get more efficient, it trickles down and teaches other people to be more efficient and make more money in this space.”Editor’s note: The Five Star Institute is the parent company of DS News, DSNews.com, The MReport, and TheMReport.com.  Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland.  Print This Post Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribelast_img read more

10 jobs created with more to follow as new store opens in Letterkenny

10 jobs created with more to follow as new store opens in Letterkenny

first_img Loganair’s new Derry – Liverpool air service takes off from CODA Previous articleCharleton Tribunal told GSOC report on Harrison was not an official complaintNext articlePaddy Crozier on Omagh’s championship win over Ardboe News Highland By News Highland – September 22, 2017 Google+ Twitter 10 jobs created with more to follow as new store opens in Letterkenny Pinterest Facebook A new electrical superstore is due to open in Letterkenny tomorrow with the creation of 10 jobs.Callaghans Electrical already has a well-established store in Burt for last 40 years, but is now expanding, with the opening of a new premise situated at Letterkenny Retail Park.Owner Dermot Callaghan says the new store will be a significant boost to the local economy, and he anticipates the creation of more jobs in the coming months…………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/09/dermoteuronics.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Arranmore progress and potential flagged as population grows WhatsApp Community Enhancement Programme open for applicationscenter_img Homepage BannerNews WhatsApp Google+ Nine til Noon Show – Listen back to Monday’s Programme News, Sport and Obituaries on Monday May 24th Important message for people attending LUH’s INR clinic Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR Pinterestlast_img read more

‘The Smithsonian shaped almost everything about me’: Lonnie Bunch III on his historic new role

‘The Smithsonian shaped almost everything about me’: Lonnie Bunch III on his historic new role

first_imgEarl Gibson III/Getty Images(WASHINGTON) — Lonnie Bunch III’s passion for history began in Bellevue, N.J., when his sharecropper-turned-dentist grandfather would read stories to him of African American school children from the 1800s with photo captions that read “unidentified.”He said his grandfather once turned to him and said, “‘Isn’t it a shame that they could live their lives, die, and all the caption said was, ‘unidentified?’ And that just really hit me.”America’s narrative is captured in thousands of sepia-toned and black-and-white images, artifacts, stories and songs. And the people behind that creation matter — remembered in small print captions that illustrate moments in history.But for marginalized communities, the names simply aren’t always there, an erasure of memory and of history.This simple fact struck Bunch as he began to take notice within his own town and elementary school that some people would treat him differently based on the color of his skin, and he wanted to understand why.“I saw that if I understood the history first of this town and then of America I might understand a little better about issues of race,” Bunch said.Bunch, the founding director of the National Museum of African American History and Culture, has spent over 35 years in the museum world telling stories that he said helps people “wrestle with the unvarnished truth.” His groundbreaking approach to storytelling will expand as he becomes the first African American secretary of the Smithsonian, overseeing 19 museums, 21 libraries, a budget of $1.5 billion, a staff of 6,800 and a collection of over 150 million objects.“I think it’s important for us to recognize that from history we’re going to help America understand its diversity and understand itself better by looking at the array of people who’ve made up this country,” Bunch said.While Bunch has been a history fanatic since around the age of 5, he said that ending up working at the Smithsonian in 1978 was somewhat of a “mistake.”He was near the end of graduate school and was talking to a fellow classmate about how he, like many graduating students, needed a job. He said his classmate recommended that Bunch go talk to her husband who worked at the Smithsonian.“And I remember thinking, ‘Who works at the Smithsonian? That’s where you take dates because it’s free,’” Bunch said, through laughter. And that’s how his career began.He started at the National Air and Space Museum as a historian, and it is here where he said he fell in love with museums as a place of education, communication and where different generations and groups of people can come together.“In some ways, a good museum is like a backyard barbecue,” Bunch said. “Somebody will say something, and then somebody goes in a different direction and then ultimately the conversation goes on to a place nobody anticipated.”He then went on to hold a number of positions at the National Museum of American History, including the role of associate director for curatorial affairs.Bunch is most known for is his role in directing the creation of the National Museum of African American History and Culture — an effort that began in 2005.The road to opening the museum was not an easy one, according to Bunch. The title of his upcoming book, A Fool’s Errand: Creating the National Museum of African American History and Culture during the Age of Bush, Obama and Trump, says it all.One of the first challenges he faced was building a collection, as he is a believer that if you “didn’t have the stuff of history you’d fail.”He said the idea for how to curate that collection came to him one day after falling asleep in his chair and waking up to an episode of Antiques Roadshow on PBS.“I’d never heard of it and I thought, ‘What a great idea,’” Bunch said. “So we stole the idea of Antiques Roadshow and we went around the country and asked people to bring out their stuff.”By the time Bunch and his team were done traveling across the country, he said they came back to Washington with more than 40,000 objects, of which 70 percent came out of the basements, trucks and attics of peoples homes.Another hurdle Bunch and his team had to overcome was securing the financing for the museum.Kinshasha Holman Conwill, deputy director for the National Museum of African American History and Culture, worked alongside Bunch during the decade-long process of creating the museum and said it was his incredible storytelling ability to “make objects come alive” that played such a pivotal role in his fundraising efforts.“One of the things that struck me early was that part of his charisma and power as a fundraiser and as a leader was his ability to take a story and to weave it into a way that would help people see how they fit in,” Conwill said.During the 11 years prior to its opening, he was able to secure critical federal funding of $270 million and private donations of $317 million to ensure its future, according to the Smithsonian.The historical and symbolic importance of his appointment as the first African American secretary is not lost upon Bunch. He said he’s spent his career trying “to help America by using history to confront its tortured racial past” and believes that “maybe by looking honestly at the past we might be able to find some reconciliation and hope.”“In essence, it should, as I’ve tried to do my whole career, open other doors,” Bunch said. “Encourage other people, challenge places to recognize that they are better when they let a diversity of people help shape an institution.”Working at the Smithsonian has provided more than just a career for Bunch. It is also the place where he found love.Bunch met his wife, Maria Marable-Bunch, during his time as a young educator and historian at the National Air and Space Museum and while she was finishing her master’s degree in museum education. They now have two daughters who, he said, grew up as “Smithsonian kids.”“We’ve had this amazing partnership where I always say she’s the person that really understands museums, and I’m just a historian hanging out,” Bunch said. “So, ultimately, I would say that the Smithsonian shaped almost everything about me, my career, my family.”Marable-Bunch is currently the associate director of museum learning and programs at the National Museum of the American Indian.Bunch will start his new role as secretary of the Smithsonian on Monday and while he said that he is overwhelmingly excited and humbled to enter in his new role, he knows that he is set to face a number of political and financial challenges.One of those challenges is the Smithsonian’s long history with the Sackler family.Currently, the Smithsonian is home to the Arthur M. Sackler Gallery which features Asian art from ancient times to present. Earlier this year, a federal lawsuit was filed by 600 cities, counties and Native American tribes against eight of Sackler’s relatives, including the descendants of his younger brothers, Mortimer and Raymond Sackler. Those two brothers founded the pharmaceutical company Purdue Pharma, which produced the now-infamous painkiller drug, OxyContin. Neither Arthur Sackler nor any of his descendants are named in the federal lawsuit.In a statement to ABC News, Purdue Pharma said: “The company is committed to working with all parties toward a resolution that helps bring needed solutions to communities and states to address this public health crisis. We continue to work collaboratively within the MDL process outlined by Judge Polster.”The museum has received blow-back and even protests for their relationship with the Sacklers. Some have called for the Smithsonian to take the family name off of their museum and to return all donations from the family.“The criticism the Smithsonian is receiving is not fair,” said Jan Wooten, a spokeswoman for the family of Arthur Sackler. She said that Sackler, a psychiatrist and a pioneer of pharmaceutical marketing including Valium, had no direct involvement with OxyContin or Purdue Pharma.Arthur Sackler donated 1,000 works and $4 million to the Smithsonian years before OxyContin was launched, Wooten added. The museum has received roughly $7.5 million from various Sackler family members since the museum opened.Bunch said the Smithsonian looks at these issues “case by case … so that’s something I’ll look at as we move forward,” Bunch said.The Smithsonian has also struggled to keep with technological advances, an issue that Bunch said will be a focus during his tenure as the 14th secretary of the museum.“We want to be able to really use technology to find the right tension between tradition and innovation,” Bunch said. “We want to make sure that there is a kind of virtual Smithsonian that would allow people who would never get to Washington to access it.”While the road might be bumpy ahead during this transition for Bunch, he said that he is most excited to bring his deep love for the museum into his leadership of the world’s largest museum complex.“I can bring that sense of love, maybe sometimes tough love, to help the institution continue to be what it should be,” Bunch said. “As an educational institution, the Smithsonian is part of the glue that holds the country together.”Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Socar and partners inaugurate European segment of TANAP pipeline in Turkey

Socar and partners inaugurate European segment of TANAP pipeline in Turkey

first_img European segment of TANAP pipeline inaugurated in Turkey. Photo: courtesy of State Oil Company of the Azerbaijan Republic. Socar and its partners have inaugurated the European segment of the Trans Anatolian Natural Gas Pipeline (TANAP pipeline), a 1,850km-long natural gas pipeline, which has been developed primarily between Azerbaijan and Turkey.The opening event took place at MS4, the pipeline’s measurement point in Edirne Ipsala, Turkey. The event also marks the completion of the natural gas pipeline whose first phase, which runs from the Turkish-Georgian border to Eskişehir in Turkey, launched in June 2018.Transportation of the first commercial gas to Turkey commenced in late June 2018.TANAP aims to deliver natural gas produced from the Shah Deniz-2 offshore gas field in Azerbaijan and other areas of the Caspian Sea to mainly Turkey and other parts of Europe.Socar claims that with effective management the TANAP pipeline is being developed with an investment of $6.5bn, which has been estimated otherwise to be $11.7bn by international consultants.The pipeline is the main segment of the $40bn Southern Gas Corridor project, which also comprises the South Caucasus Pipeline (SCP) in Azerbaijan and Georgia, and the Trans-Adriatic Pipeline (TAP) that would run through Greece, Albania and Italy.According to Socar, the pipeline segment between Eskişehir and European connection point at the Turkish-Greek border was mechanically completed by the end of last year, while pipeline filling and test pumping was initiated in April 2019.The Azerbaijani state-owned oil company said that the TANAP pipeline became 100% functional in early July 2019 to supply gas to Europe.SOCAR president and TANAP chairman Rovnag Abdullayev said: “Today TANAP is fully ready to deliver natural gas to Europe. The construction of this historic infrastructure extended from the East to the West throughout Turkey was finished within time and to a high standard.“On completion of the construction of Trans Adriatic Pipeline, which will be connected with TANAP at the Turkish-Greek border, Azerbaijani natural gas will be transported directly from the Caspian basin to European markets for the first time in history. We look forward to becoming not only Europe’s gas supplier, but the second biggest gas supplier to Turkey.”Stakeholders in the TANAP pipelineSocar holds 58% stake in the natural gas pipeline and is partnered by Turkish oil and gas group Botas (30%) and BP (12%). The TANAP pipeline aims to supply natural gas produced from the Shah Deniz-2 offshore gas field and other areas of the Caspian Sea to mainly Turkey and other parts of Europelast_img read more

“IS IT TRUE” July 8, 2019

“IS IT TRUE” July 8, 2019

first_imgFacebookTwitterCopy LinkEmailShare We hope that today’s “IS IT TRUE” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way? IS IT TRUE that the forthcoming book which will be called “IS IT TRUE” with a tagline not yet determined with have topical chapters with appropriate subjects from the 15 years of “IS IT TRUE” articles published by the CCO?…some of the chapter topics that are under consideration at this time are The McCurdy, The Executive Inn Dilemma, The Earthcare Energy Awakening, $20 Million Ball Fields, Groveling for a Downtown Hotel, How to Mess up at a Smoking Ban, The Deceptive Campaign for a Downtown Arena, Rising Crime in River City, The Price of Neglecting Infrastructure and An Obsession with Fun and Games?…there will also be a chapter on the money that the CCO helped save the citizens of Evansville over $100 million by diligently and continually pointing out the damages that would be done by repealing the Homestead Tax Credit, the deficit spending practices of local politicians, opposing Vectren’s rate increase, and questioning the cost of a number of fun and games projects?…there will be a special section for some insanely stupid things that people of power have done such as the wasteful antics of the Evansville DMD and the Redevelopment Commission, the Smart Water Meter project and of course “How to Kill a Successful Hockey Team”?IS IT TRUE that three well known Republicans are spearheading an upcoming political fundraising event to raise funds for 2019 Republican City Council candidates? …we been told that so far they have raised $60,000 for the August 9, 3019 political Gala to be held at th ehe Dream Car Museum? …we are also told that these individuals are expecting to raise around $150,000 from this event? …that Governor Holcomb, Lt. Governor Crouch, United Senators Young and Braun and Mayor Winnecke are expected to attend this event?  …some of the key people spearheading this big ticket political fundraising event are none other than Steve Hammer, Deputy Mayor Steve Schaefer and former local GOP Secretary Hobart Scales?  …aren’t these the same individuals that local GOP party boss Wayne Parke determined that they shouldn’t continue to hold an offiical position within the Republican Party of Vanderburgh County?IS IT TRUE that Mole #132 who is deeply embedded in the State of Kentucky happenings tells us that there may be a class action lawsuit filed against the casino operators in Kentucky for mis-stateing the functions of gaming machines called instant ‘Historical Horse Racing” machines?…the Family Foundation of Kentucky has an eye on all things in the state that disrupt families and their interest in one-armed-bandits seems to be peaking?IS IT TRUE we wonder why Vanderburgh County doesn’t have their own Human Resource Department?IS IT TRUE the “Demand Table” for the newly renovated jail are: 500 beds will meet our needs for the next 10 years?  …that a 600 beds jail will meet our needs for the next 15 years?  …that a 750-bed jail will meet our needs for the next 20 years?IS IT TRUE we hope that the powers that be will agree on a new jail design that will be meet the future needs of the Vanderburgh County Sheriff Office for the next 20 years by building a 750-bed addition because it makes sound economic sense? IS IT TRUE we wonder why should the Evansville Water And Sewer Department be responsible for paying the Computer Information Technology work done at city departments?  …we also wonder who is paying for the Computer Information Technology costs at all of the Vanderburgh County departments?  …that this could be a good question for Mayoral and City Council candidates to ask during this election?IS IT TRUE the article that we posted recently about members of the Teamsters local 215 went on strike against a regional concrete company went viral?  …we are told that this strike has been expanded to other cities?IS IT TRUE last month a land drilling company from Indy were seen taking core samples from the parking lot of the vacant IGA Grocery store on North Main Street? …if you don’t believe this statement please visit the vacant IGA Grocery store on North Main Street and see for yourself?…we are told if any announcement is made concerning the future development of  this property it will be political timed?  ..we guarantee that this is a developing story?IS IT TRUE the number one cause for a divorce is marriage?Todays“Readers Poll” question is:The most effective Chief of Staff or Deputy Mayor of Evansville?If you would like to advertise on the CCO please contact us at City-County [email protected]: City-County Observer Comment Policy. 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