Category: gnsmmd

  • Boris Johnson to announce ‘very limited’ lockdown easing

    first_imgThursday 7 May 2020 3:02 pm “I must make judgments informed by the evidence that are right and safe for Scotland,” she told reporters. James Warrington Pubs, restaurants, hotels and leisure centres will be among the last businesses to reopen. “Any easement to the guidelines next week will be very limited,” his official spokesman told reporters. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child Prime Minister Boris Johnson is set to announce a very limited easing of the UK lockdown from next week as authorities seek to restart the economy without sparking a second wave of infections. (AFP via Getty Images) Also Read: Boris Johnson to announce ‘very limited’ lockdown easing Boris Johnson to announce ‘very limited’ lockdown easing Johnson has also spoken with opposition leaders about the crisis, with Labour leader Keir Starmer arguing for a national consensus on the next steps in fighting the virus. whatsapp (AFP via Getty Images) Johnson will announce the next phase of the country’s virus strategy on Sunday following a review by ministers of the current lockdown, which is now in its seventh week. Under this strategy outdoor workplaces and small shops will be the first to reopen, while the second phase will involve large shopping centres reopening and more people being encouraged to return to work. During a Cabinet meeting the prime minister said the country would move forward with “maximum caution” and consider data and scientific forecasts when considering whether to ease the strictest social distancing measures. whatsapp However, they are also taking into account the impact of an extended lockdown on the UK economy, which has all but ground to a halt as a result of Covid-19. (AFP via Getty Images) Also Read: Boris Johnson to announce ‘very limited’ lockdown easing The government has reportedly drawn up a three-stage plan for gradually easing the current lockdown measures. “We are at a critical moment in the fight against the virus and we will not do anything which risks throwing away the efforts and sacrifices of the British public.” Scottish first minister Nicola Sturgeon gave a cautious outlook on her country’s approach, saying the only measure that was likely to be lifted in the near term was the limit on people only exercising only once a day. This morning the Bank of England said the UK economy could be on track for its worst crash in 300 years, with GDP expected to shrink 14 per cent in 2020. “I will not be pressured into lifting restrictions prematurely before I am as certain as I can be that we will not be risking a resurgence of infection rates.” Share Show Comments ▼ Ministers are concerned that lifting the lockdown too soon could lead to a second peak of the virus that would overwhelm the NHS and force the government to shut down the economy for a second time. “He also reiterated the seven principles that he wants the government to consider when planning for the next phase, including safety at work and preventing a cliff-edge to the job protection scheme,” Starmer’s spokesman said. Tags: Coronaviruslast_img read more

  • Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner

    first_imgTuesday 13 April 2021 11:32 am Pair that with the recent Kalifa review. Brexit has just taken place and the chair of Tech Nation, Stephen Kelley, recently told me this creates opportunities and we have to be ‘brave’, do you agree? whatsapp Recently, a range of London fintechs urged the FCA to break banks’ dominance over consumer data. You could not agree more, as you told me the UK startup scene needs exactly this to thrive in 2021. Please explain to our readers why. Howard Womersley Smith, an expert fintech and data lawyer at Reed Smith in the Square Mile, has long been saying that London’s startup scene needs exactly that in order to thrive. Share Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner whatsapp The sector needs to be challenged and questioned. Otherwise, we won’t create distance from the financial crisis. But we do also need to take care to prune the branches rather than uproot the entire sector. Moreover, Womersley Smith warns the fintech bubble in the UK is close to popping, and already deflating, with around 75 per cent of all fintech SMEs currently being on the brink of a funding collapse. Finally, fintech and tech valuations are sky-high, some investors call them unrealistic and problematic. What do you make of that? Yes, allied to this are the recommendations of the Kalifa Review, which notes, amongst other things, that if the UK is to avoid losing its fintech crown to the jurisdictions snapping at its heels, embracing ‘open finance’ could provide a solution. I think we need to wait and see. With the right regulatory regime, there are reasons to be optimistic but given the UK has withdrawn from the largest financial services network in the world, I also understand why some are more cautious. Either way, the months ahead may prove critical, so I’m not sure we’ll be waiting for long for a better idea of the UK tech sector’s positioning. You said the fintech bubble in the UK burst even before Covid-19. What makes you say that? Challengers will struggle to step out from the shadow of the big institutions Do challenger banks have a culture problem? Many see themselves as tech companies, and not financial services firms. Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner Despite talk across the sector, I think we’re some way off true portable banking. For one, rules around how challengers can use data, for example, only allowing them to provide consumers with extra detail on existing accounts, rather than full banking services, meaning that challengers will struggle to step out from the shadow of the big institutions. The open data movement is seeking to democratise the sector, but this remains in its infancy. As the former head of legal & compliance for commercial & technology’ at Standard Chartered Bank, how do you see the future of challenger banks? Have many taken a pandemic hit? Kalifa identifies a number of challenges, including Brexit and the pandemic, but there are other issues at play, too. Again, I think these are rooted in culture, which I’ve seen first-hand. There is a perception amongst some new entrants to the sector that everything about banking needs to be uprooted, which can fuel concerns over attitudes to risk management. This kind of clash of cultures, entrepreneurialism versus history, could be a good thing. Investor confidence has been dented, but this will be buffed out; it’s really just a question of when, rather than if. Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner Some challenger banks are certainly facing something of an identity crisis. Of course, Covid-19 has had a serious effect, too. Throughout 2018 and 2019, we saw a slow increase in the numbers of people dipping into the offerings of challengers, but the disruption of last year has prompted many consumers to return to the safety of the giants and end their experiments. You might say that disruption of one kind in Covid-19 has slowed the disruption of another kind in banking. Yes, the pandemic has left many feeling bruised, although the challenges of the pandemic are far from unique to fintechs. I’d say that the drop in consumer confidence was broadly commensurate with the drop in investor confidence. Has the pandemic made things more difficult? This is only to be expected during a period of economic disruption though, and so valuations declining are not necessarily indicative of any underlying poor health for the sector. Horror stories have abounded over the last year or so, with investors pulling out of deals on the day contracts were signed, but I think we can be confident that now we’re into 2021, the market will begin to recover. I think some challengers are moving in this direction, and it’s really not an insurmountable problem. It’s not about jettisoning underlying technology, but more that the beanbags and ping-pong tables may have to go. It might sound amusing, but these little details count. Ultimately, fintechs should be using their technology to catapult them into a fortress sector. Tech essentially forms the plumbing of most, if not all, businesses, and so with such a large market available it is only inevitable that their valuations are high. We also have to remember that valuations, ultimately, have to be based on something. The theory is that these numbers aren’t conjured out of thin air. Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner Some challenger banks are certainly facing something of an identity crisis. It’s not at all uncommon to hear challenger banks refer to themselves as ‘technology businesses that deal in financial services’. This is a problem in the eyes of the regulator. It links back to the issue of confidence. The difficulty is in helping young fintechs grow and scale. To that extent, we are seeing the natural thinning of the crowd as some ideas prove bankable, and other business propositions become untenable, but it is also clear that the UK has a unique set of challenges in developing its fintechs. It may be a case of the bubble deflating for the time being while we re-calibrate, more than anything else. Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner These are the issues that need to be overcome if the sector is to flourish. No one doubts the viability of any of the technology, nor that the UK is home to some fantastic fintechs. Rather, the essential magic of being a snazzy disruptor is wearing off as fintechs discover the need to mature in order to scale-up. It’s the image bubble that has burst, more than anything. We are now at the business end of the growth journey for fintechs and challenger banks. You mentioned the Kalifa review a number of times. Does it address all the major issues that keep fintech execs awake at night? Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner Tags: FinTech Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner There is a more important point in play, though. I wouldn’t necessarily say the big banks have a monopoly on data, but they do have something approaching a monopoly on trust. It is simply the case that banking with a household name provides an element of comfort for consumers that’s really difficult for the challengers to replicate. That’s not to say things won’t change but we shouldn’t expect this to transform overnight. The launch of a Central Bank Digital Currency, as mooted by the Kalifa Review, could provide an example of how to be ‘brave’ in seizing new opportunities. This would be a bold step, not only encouraging the adoption of blockchain and ensuring the interoperability of digital currencies, but also in sending a powerful message to the world’s fintechs that London, and its regulatory regime, is on their side. Retaining a status as the world’s banking hub requires innovation and nimbleness – precisely those traits that define challenger banks. When it comes to securing a full banking license, as I tell my clients, regulators are very clear that if you want to be a deposit taker, you need to act like one. You need to work to resemble the same stability as one of the larger institutions and remember that, for the regulators, the reputation of the entire banking sector is at stake. I’d actually say that high valuations are good and help create spectacle in an important market. High valuations help fuel confidence, as everyone likes to back a winner, which is ultimately a benefit to the sector. Even though the UK arguably lags behind the US, it is pleasing to see that unicorns have tripled in the UK. The effect this could have on attracting money to the UK will be one of the factors for the UK’s (continued or return to) success in this space. Show Comments ▼ Also Read: Exclusive: London’s fintech bubble is ‘close to popping,’ warns Reed Smith partner Michiel Willems City A.M. sits down with the outspoken lawyer, who also argues that, as the pandemic leaves many challenger banks bruised, a culture problem of seeing themselves as ‘tech companies’ – and not financial services firms – could cause even bigger issues in the long run. A coalition of London fintech firms recently called on the Financial Conduct Authority to end the dominance of banks over the use of consumer data this year. They argue it would increase competition in the savings, credit, mortgages and pensions markets. Howard Womersley Smith in his office close to Liverpool Street In theory at least, by allowing third-party APIs to share data around everything from mortgages and pensions to savings, ‘open finance’ could have a significant effect in allowing UK fintechs not just to launch, but to scale. The FCA has published a call for input on ‘open finance’, which will hopefully put this recommendation into action. In the spirit of the Kalifa Review, I think there are serious questions about whether the bubble is close to popping, or even just floating off to another jurisdiction. It’s pretty clear that the UK has no issue in hatching fintechs. last_img read more

  • Sisters from Washington have grown up fishing Bristol Bay’s salmon fishery

    first_imgFisheries | Oceans | SouthwestSisters from Washington have grown up fishing Bristol Bay’s salmon fisheryJune 21, 2017 by Caitlin Tan, KDLG-Dillingham Share:Maddy Marinkovich learned to stitch nets from her father. (Photo by Caitlin Tan/KDLG)Maddy and Sophia Marinkovich are mending net for their dad among a sea of men preparing for the salmon season.Both are in their early 20’s and consider fishing their lifestyle.“It’s not as much of a make it work – that’s the thing we need to get over,” Sophia said. “It’s like girls can be girls and fish at the same time.”They are from Washington but have been fishing in Bristol Bay for years. Maddy has come since she was 11 years old, and Sophia has come for four years. However, this is their first year working together on the same boat.“I have never been more excited honestly,” Maddy said. “I love my crew this year. We are going to kill it.”Maddy said she spent one summer away from fishing and realized the boat is where she belongs.“I wanted the year off and I had it and it was amazing. But it was weird, I know this is where I belong,” she said.She added that over the years she has become increasingly aware of the lack of women in commercial fishing; however, this year she said she has noticed more of a female presence.“It was weird growing up and being surrounded by men and learning how to be a fisherman in Alaska and also be a girl,” Maddy said. “In the past it’s been a little confusing what my role is as a female on a boat and if that’s even okay. But, this year I’m stoked about it.”Matt Marinkovich, Sophia and Maddy’s father and captain of the “Sandman,” said there is no other crew he would rather have than his girls. If anything, he said having women on board helps stabilize emotions.“Their my girls and their coming up with me, and we are going fishing,” Matt said. “It’s not a relative question because that’s just what it is.”The Marinkovich family stitches up their net to prepare for water. (Photo by Caitlin Tan/KDLG)Sophia said it has been an experience to see her dad as a captain in Bristol Bay, rather than just a father at home.It has brought them closer together, she added.“It’s a completely different experience,” she said. “He really knows what he’s doing and that part really shines fishing, but not so much at home. I like being a part of both lives.”Both girls use their fishing money to put themselves through college at Western Washington University. They also have a 12-year-old sister who will eventually join them in Bristol Bay.But for now, they are focused on mending nets for the season ahead.“I’m just going to be the girliest girl and catch a million fish,” Maddy said.They will fish for Silver Bay Seafoods and plan to be in the water this week.Share this story:last_img read more

  • State settles lawsuit over Alaska Hire law

    first_imgCrime & Courts | Economy | Interior | Politics | Southcentral | State GovernmentState settles lawsuit over Alaska Hire lawNovember 26, 2019 by Andrew Kitchenman, KTOO and Alaska Public Media Share:(Creative Commons photo by North Charleston)The administration of Gov. Mike Dunleavy has settled a lawsuit seeking to have the Alaska Hire law declared unconstitutional.The company Colaska Inc. sued the state’s Department of Labor and Workforce Development in July over the law. Colaska lawyer Michael Geraghty said the state would pay Colaska interest and other costs related to past citations against the company. Those citations no longer exist.“They were dismissed as part of the settlement,” Geraghty said.The state agreed to pay Colaska $50,000. Geraghty said each side will pay its own legal fees.The settlement comes less than two months after Alaska Attorney General Kevin Clarkson issued a legal opinion that the law is unconstitutional.The law requires private contractors working on state-funded projects to hire qualified Alaskans as a percentage of their workers.Clarkson said in October that Dunleavy encourages hiring Alaskans for jobs in the state. But he said the federal and state constitutions prohibit laws that mandate hiring Alaskans in preference over others. He cited previous court decisions against earlier versions of the law.Anchorage Sen. Bill Wielechowski said he was disappointed with the settlement. He’s concerned that the state will no longer enforce the Alaska Hire law.“It’s shocking and disappointing,” Wielechowski said. “This is a law that’s been on the books for over 30 years. It’s been a law that probably six or eight different governors have followed and probably eight or 10 attorney generals have followed, Republicans and Democrats and independents.”Wielechowski is a Democrat. Dunleavy is a Republican.Wielechowski said the state Legislature should hold hearings on whether the administration is following the law.“The Legislature has the right at any time to go ahead and urge the governor to reconsider his position, and if he refuses to do that, then ultimately the Legislature could bring a lawsuit and compel the enforcement of the law,” he said.A spokesperson for Dunleavy referred questions to the Department of Law.Department spokesperson Cori Mills said in a written statement: “Like any settlement, this represents a negotiated compromise on both sides.”Share this story:last_img read more

  • Supreme Court Justice Amy Coney Barrett delivers first opinion

    first_imgAdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Supreme Court puts off ruling on Trump plan for undocumented immigrants & census December 20, 2020 Supreme Court agrees to hear major gun-rights case April 26, 2021 AdvertisementBarrett said the documents the Sierra Club was seeking were draft documents that did not need to be disclosed. And she dismissed concerns the group had raised that ruling against it would encourage officials to “stamp every document ‘draft’” to avoid disclosing them, according to AP. Barrett said that if “evidence establishes that an agency has hidden a functionally final decision in draft form” then it won’t be protected from disclosure requirements.Barrett’s predecessor on the court, Justice Ruth Bader Ginsburg, liked to recount that she was assigned a “miserable” case involving a federal law about pensions for her first opinion, a case on which the court had divided 6-3. She said that though she and the court’s first female justice, Sandra Day O’Connor, were on different sides of the case when she announced the opinion in court, O’Connor passed her a note that said: “This is your first opinion for the Court, it is a fine one, I look forward to many more.”Because of the coronavirus pandemic, the justices are not currently announcing their decisions in the courtroom but only posting them online. AdvertisementTags: Amy Coney BarrettSupreme Court Advertisementcenter_img RELATEDTOPICS Advertisement WASHINGTON (AP) — Supreme Court Justice Amy Coney Barrett delivered her first opinion Thursday, ruling against an environmental group that had sought access to government records.President Donald Trump’s third nominee wrote for a 7-2 court that certain draft documents do not have to be disclosed under the federal Freedom of Information Act, The Associated Press reports. The case was the first one Barrett heard after joining the court in late October, and it took four months for the 11-page opinion to be released. Two liberal justices, Stephen Breyer and Sonia Sotomayor, dissented.It is something of a tradition for new justices to be assigned a case in which the court is unanimous for their first opinion, but it doesn’t always happen. Both of Trump’s other nominees, Justice Neil Gorsuch and Justice Brett Kavanaugh, wrote unanimous first opinions. Sotomayor also got a unanimous opinion for her first assignment, but President Barack Obama’s other nominee, Justice Elena Kagan, was assigned a first opinion where the court divided 8-1.The opinion Barrett wrote involved the environmental group the Sierra Club, which sued seeking access to federal government documents involving certain structures used to cool industrial equipment and their potential harm to endangered wildlife. Barrett began by explaining that FOIA makes “records available to the public upon request unless those records fall within one of nine exemptions.” Those exemptions include “documents generated during an agency’s deliberations about a policy, as opposed to documents that embody or explain a policy that the agency adopts.” Muslims on no-fly list can sue FBI agents for damages, Supreme Court says December 11, 2020 Supreme Court hears arguments in plan to remove undocumented immigrants from Census December 1, 2020last_img read more

  • A guide to Christmas Mass and Service times around the county

    first_img Pinterest By LaoisToday Reporter – 23rd December 2019 Twitter It is that time of year again where we all ask “What time is mass on at?”Well, fear no more as we have a list of mass and service times around the county.If you have any times you would like to add to the list, feel free to contact us at [email protected] Mass TimesABBEYLEIX PARISHAbbeyleixChristmas Eve – 3pm (Childrens mass), 7:30pmChristmas Day – 11amBallyroan Christmas Eve – 6:00pmChristmas Day – 9.30amAGHABOE PARISHBallacollaChristmas Eve – 7pmChristmas Day – 9.00amCloughChristmas Eve – 9pmChristmas Day – 10:30amARLES PARISHArlesChristmas Eve – 9pmChristmas Day – 10am Electric Picnic organisers release statement following confirmation of new festival date Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival RELATED ARTICLESMORE FROM AUTHOR WhatsApp TAGSMass times in Laois Facebook Electric Picnic center_img Twitter WhatsApp Previous articleHere is the 2019 LaoisToday Intermediate football Team of the YearNext article2019 Remembered: 19 Laois people to watch out for in 2019 LaoisToday Reporter Electric Picnic A guide to Christmas Mass and Service times around the county BallylinanChristmas Eve – 6pm and 9pmChristmas Day – 11.30amKilleenChristmas Eve – 9amChristmas Day – 9amBALLINAKILL PARISHBallinakillChristmas Day– 11amKnock/SpinkChristmas Eve – 9pmBALLYADAMS PARISHBallyadamsChristmas Day – 11amLuggacurrenChristmas Day – 9.30amWolfhillChristmas Eve – 9pmBALLYFIN PARISHChristmas Eve – 9pmChristmas Day – 10amBARROWHOUSE PARISHChristmas Day – 9amBORRIS-IN-OSSORY PARISHSt Canice’sChristmas Eve – 8pmChristmas Day – 11amKilasmeestiaChristmas Eve – 5.45pmChristmas Day – 8.30amKnockarooChristmas Day – 9.45amCAMROSS PARISHCamrossChristmas Eve – 9pmChristmas Day – 11amKillanureChristmas Eve – 9pmChristmas Day – 9amCASTLETOWN PARISHCastletownChristmas Eve – 7pmChristmas Day – 10.30amPike of RushallChristmas Day – 9.30amCLONASLEE PARISHClonasleeChristmas Eve – 8pmChristmas Day – 10amDURROW PARISHCullohillChristmas Eve – 8pmChristmas Day – 10amDurrowChristmas Eve – 9pmChristmas Day – 9am, 11amEMO PARISHEmoChristmas Eve – 9.00pmChristmas Day – 11amRathChristmas Eve – 7.30pmChristmas Day – 9amGRAIGUECULLEN PARISHGraiguecullenChristmas Eve – 6.30pm Children’s Mass and 8.30pmChristmas Day – 9.00am and 11.30amKilleshinChristmas Eve – 7.00pmChristmas Day – 10.15amKYLE AND KNOCKKnockChristmas Eve – 7.30pmBallaghmoreChristmas Day – 9.30amRoscreaChristmas Eve – 8pmChristmas Day – 9am, 11am.MOUNTMELLICK PARISHMountmellickChristmas Eve – Children’s Mass 6pm and 9pmChristmas Day – 9am and 11amClonaghadooChristmas Eve – 9pmChristmas Day – 10amMOUNTRATH PARISHSt Fintan’s MountrathChristmas Eve – 9pmChristmas Day – 11.30amThe Hollow Christmas Day – 9amMONASTEREVINChristmas Eve – 6pm, 9pm.Christmas Day – 9:30am and 11.30am.PORTARLINGTON PARISHPortarlingtonChristmas Eve – 9pm with choir service at 8pm.Christmas Day – 9am and 12.15pmKillenardChristmas Eve – 7.30pmChristmas Day – 10.30amPORTLAOISE PARISHPortlaoiseChristmas Eve – 4.00pm (mainly aimed at those who have not yet received 1st Communion),  6.30pm, 7pm (Scoil Bhride, Knockmay), 9pmChristmas Day – 8.30am, 10am, 11.15am and 12.30pmRatheniskaChristmas Day – 10amThe HeathChristmas Day – 9.30amRAHEEN PARISHRaheen Christmas Eve – 8pmChristmas Day – 11amShanahoe Christmas Eve – 6pmChristmas Day – 9.30amRATHDOWNEY PARISHRathdowneyChristmas Eve – Children’s Mass at 6pmChristmas Day – 11amErrill Christmas Eve – 8.30pmChristmas Day – 10amRosenallisChristmas Eve – 8pmChristmas Day – 9am and 11amSTRADBALLY PARISHStradballyChristmas Eve –  7.30pmChristmas Day – 8am and 11.30amTimahoeChristmas Eve – 9pmChristmas Day – 10.30am VicarstownChristmas Eve – 9pmChristmas Day – 9.30amChristmas Service TimesAbbeyleixChristmas Eve – 11.30pmBallyroanChristmas Eve – 8pmDurrowChristmas Day – 10.30amKillermoghChristmas Day – 9amAughmacartChristmas Day – 12 noonAnnatrimChristmas Day – 10amBorris-in-OssoryChristmas Eve – 8.30pmMountrathChristmas Day – 11.30amSeir KieranChristmas Eve – 7pmMountmellickChristmas Day – 9.30amRosenallisChristmas Eve – 11.30pmCoolbanagher, EmoChristmas Day – 11amPortarlingtonChristmas Eve – 11.30pmChristmas Day – 11.00amRathadaireChristmas Eve – 11.30pmPortlaoiseChristmas Eve – 10.45amChristmas Day – 10.45amBallyfinChristmas Day – 12 noonThe RockChristmas Day – 9.30amAghaboeChristmas Eve – 8.30pmRathsaranChristmas Eve – 7pmRathdowneyChristmas Day – 11amDonaghmoreChristmas Day – 10amSEE ALSO – Check out more from the 2019 Remembered Series Electric Picnic apply to Laois County Council for new date for this year’s festival Pinterest Electric Picnic Home News Community A guide to Christmas Mass and Service times around the county NewsCommunitylast_img read more

  • New Employment Wage Subsidy Scheme starts today

    first_img TAGSNew Wage Subsidy Scheme Previous articlePortlaoise College welcome record 168 first year students for a new school year like none beforeNext article‘Fairer’ Calculated Grades for Leaving Cert 2020 welcomed Jamie Dowling By Jamie Dowling – 1st September 2020 Home News New Employment Wage Subsidy Scheme starts today News Twitter New Employment Wage Subsidy Scheme starts today Pinterest Pinterest News As of today, the new Employment Wage Subsidy Scheme (EWSS) replaces the Temporary Wage Subsidy Scheme. (TWSS)The EWSS will allow employers to seek wage subsidies for a broader range of workers, including new hires and seasonal workers.However, the maximum subsidy per worker will fall from €410 to €203 per week and instead of being a percentage of the employee’s net pay, there will be two fixed rates: €151.50 or €203. Electric Picnic Facebookcenter_img Only workers earning above €151.50 and below €1,462 will be eligible for the EWSS.Under the TWSS, a qualifying business had to forecast a loss of turnover of at least 25%, but under the EWSS, the threshold rises to a fall-off in business of at least 30%.In addition, the employer will have to have a valid Tax Clearance Certificate, showing that the tax affairs of the business and connected persons are in order.Fine Gael Councillor and Leas-Cathaoirleach of Laois County Council Conor Bergin has encouraged Laois employers to register for the new Employment Wage Subsidy Scheme.He said: “I would like to encourage all employers and businesses across Laois who believe that they will continue to experience a significant decline in their level of turnover or customer orders as a result of the pandemic to avail of it.“The EWSS has been designed with the needs of employers and businesses at its heart and is simple to qualify for, straightforward to operate and broad in its availability.“It is also important to note that employers will continue to pay PRSI at the very significantly reduced rate of 0.5% for jobs that are supported by the subsidy.”Under the EWSS there has been changes made which may mean several workers may now qualify for the Subsidy, outlined Bergin.“Both schemes have run in parallel from July 31st until the TWSS concluded at the end of August to provide additional flexibility to employers with new hires and seasonal workers who were not previously eligible to be paid via TWSS and who may now qualify for EWSS.“The primary qualifying criteria for the EWSS is that the employer must be able to demonstrate that in the majority of cases, they are operating at no more than 70% in either the turnover of the employer’s business or the customer orders received by the employer by reference to the period from July to December 2020 compared with the same period in 2019.”SEE ALSO – Laois doctor urges parents not ‘to dose’ children in order to send them to school Electric Picnic WhatsApp Electric Picnic organisers release statement following confirmation of new festival date WhatsApp Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Twitter RELATED ARTICLESMORE FROM AUTHORlast_img read more

  • MPARI: North Korea’s elite architectural design institute

    first_img TAGSconstructionsecret storiesbuildingarchitecturedesign SHARE This article is part of a series written by Daily NK journalist Kim Jeong Hun entitled “North Korea’s Secret Stories.” In an era where even inner circle officials from core ministries such as the Organization and Guidance Department and Ministry of State Security are facing dismissal or ousting at the hands of North Korean leader Kim Jong Un, is there any place privileged enough to avoid this fate? According to Daily NK sources in North Korea, that place is the “Mt. Paekdu Architecture Research Institute” (MPARI) in Pyongyang. This research institute has a significant role to play in achieving Kim Jong Un’s ambition of rewriting the history of architecture. In other words, Kim Jong Un is attempting to use construction as a medium for creating an image as a fatherly figure of the people, and MPARI is the brains behind this.The institute was originally founded as a small architecture office back in the Kim Il Sung era. In 1952, the office took its first steps by drafting the grand plan for rebuilding Pyongyang after the Korean War, and executed this project after receiving approval from the North Korean leader. In 1982, the office was expanded into an architecture and research institute with a focus on urban architecture and architectural design.In 1989, when Kim Jong Il was desperate to make revolutionary changes to Pyongyang in preparation for the 13th World Festival of Youth and Students, he dubbed the office the Mt. Paekdu Construction Research Institute and gave it a pivotal role. MPARI then set to work on the design of numerous structures, including the May Day Stadium, Pyongyang International Cinema Hall, Pyongyang Circus Theater, Pyongyang International Communications Center, Ryanggang Hotel, Chongnyon Hotel, Kwangbok Street (in Pyongyang’s Mangyongdae District) and the athlete’s village in Ryanggang Province.The institute was also in charge of architectural design for the Workers’ Party of Korea Foundation Monument, the Songdo Children’s Recreation Center, the North Korean People’s Army April 25 Arts & Film Center, the Korea Computer Center, Kim Man-yu Hospital, Yanggakdo International Hotel, Mansudae Art Theater, Grand People’s Study House and Changgwangwon. The institute has also completed up to 380 other important architecture designs and 100 types of spatial designs for air conditioner parts, alongside around 120 designs for heat exchangers, large air coolers and fan heaters (both exposed and concealed), and cooling towers.In this sense, MPARI became North Korea’s top dog in architectural design during the Kim Jong Il era, and has been transformed into a modern architectural research “base” under Kim Jong Un. In fact, Kim encouraged the introduction of a number of architectural design software programs to the institute, including AutoCAD, 3Ds-Max and Sketch-up. Kim has also made an effort to hire talented staff. He ordered the establishment of a system that grants priority selection to graduates of Pyongyang University of Architecture, architectural and interior designers, and brilliant minds in the field of “coding design.” As a demonstration of Kim’s special affection for MPARI, even people from outside Pyongyang have been deployed at the institute – guaranteeing them residence in Pyongyang. While North Korea’s elite consisted of families in culture and the arts during the Kim Jong Il era, it appears that this has now shifted towards the fields of science and construction under Kim Jong Un’s rule.In spite of delays to the Wonsan-Kalma Coastal Tourist Zone and Samjiyon construction projects due to a lack of materials stemming from the COVID-19 pandemic, MPARI continues to receive favorable treatment. “MPARI is well supplied given that it has its own internal accounting department,” a source in the country explained to Daily NK recently. “Even when there were delays in the distribution of rations to Pyongyang denizens, staff at the institute continued to receive rations as normal, including 21 kilograms of rice [700 grams per day], five kilograms of flour, two kilograms of oil, two trays of eggs [60 in total], five kilograms of pork and 20 kilograms of fish per person every month,” he said, adding, “Whenever a new design for a building is complete, the institute receives such a flood of in-kind ‘bonuses’ that some of them are sold off.”Please direct any comments or questions about this article to [email protected] in Korean AvatarKim Jeong Hun RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter Hamhung man arrested for corruption while working at a state-run department store North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) center_img North Korea hikes “party contributions” Russia-based workers must pay by 30-55% News News News last_img read more

  • OSC advisory committee members agree to term extensions

    first_img The Ontario Securities Commission (OSC) has extended the terms of members of its advisory committee that provides input on the workings of the commission’s administrative tribunal. The OSC said Monday that the members of its Securities Proceedings Advisory Committee (SPAC) have agreed to extend their terms until 2017. James Langton Companies Ontario Securities Commission Facebook LinkedIn Twittercenter_img Share this article and your comments with peers on social media The SPAC was launched in January 2013 to provide advice on policy and procedural issues affecting the OSC’s tribunal. The committee’s members have staggered terms of either two or three years. On Monday, the commission said that it now plans to seek applications for the next group of SPAC members in the winter of 2017. The SPAC includes: Wendy Berman, Cassels Brock & Blackwell LLP; Nigel Campbell, Blake, Cassels & Graydon LLP; Alexander Cobb, Osler, Hoskin & Harcourt LLP; Emily Cole, Miller Thomson LLP; James Doris, Davies, Ward Phillips & Vineburg LLP; James Douglas, Borden Ladner Gervais LLP; Linda Fuerst, Lenczner Slaght Royce Smith Griffin LLP; James Grout, Thornton Grout Finnigan LLP; Paul LeVay, Stockwoods LLP; Melissa MacKewn; Crawley MacKewn Brush LLP; and Janice Wright, Wright Temelini LLP.last_img read more

  • New system designed to help MFDA members sell ETFs

    first_img Share this article and your comments with peers on social media Sterling Mutuals adds ETFs to product shelf For more than a year, a working group made up of members of the FMFD and the Canadian ETF Association (CETFA) has been meeting with dealers, the TMX Group Ltd., CDS Clearing and Depository Services Inc., National Bank of Canada, FundSERV Inc. and some back-office service providers, as well as a host of regulators, including the Mutual Fund Dealers Association (MFDA), the Ontario Securities Commission, the Investment Industry Regulatory Organization of Canada (IIROC) and the Autorité des marchés financiers, says Kegie. Although MFDA members have always been allowed to sell ETFs, they’ve been hampered mainly because they do not have access to an exchange, unlike IIROC members. All must also have appropriate record-keeping of transactions of trades, says Howard Atkinson, chairman of CETFA and president of Horizons ETFs Management (Canada) Inc. Atkinson says National Bank Correspondence Network (NBCN) has come up with what it believes is an industry-wide capability to provide that transaction solution and has been testing it. “What is significant about this is that each MFDA member could then use its own record-keeping system in conjunction with NBCN,” he says. Currently, the primary record keepers and software providers are Univeris Corp. and RPM Technologies Inc. The process can be adapted to anyone’s system/services both on the MFDA or IIROC side – if they are interested in participating. Best practices have been written for MFDA dealers that cover ETFs – everything from business structures, qualifications, business conduct, disclosure documentation, remuneration, supervision, product knowledge and business continuity, Kegie says. A meeting in late March has been scheduled with regulators to go over these issues. Having access to an exchange will mean an opportunity to compete evenly for a share of the mutual fund assets that are currently being sold by MFDA-only advisors, says Atkinson. Currently, the mutual fund industry has assets under management (AUM) of $1.18 trillion; CEFTA statistics show ETFs with about $78.2 billion in AUM. The MFDA recently said it was looking into ways to provide better proficiency for MFDA advisors who want to sell ETFs. A working group has been put together to look into this, says Karen McGuinness, MFDA’s senior vice-president, member regulation. An industry-wide, systems-driven solution that more easily allows mutual fund dealers to gain access to an exchange to sell exchange-traded funds (ETFs) is expected to be unveiled next month. “We are now at the point where the process is being mapped in detail,” says Sandra Kegie, executive director of the Federation of Mutual Fund Dealers (FMFD). “We hope to be able to announce the success of this project at the federation’s April 28 conference.” Keywords ETFs Susan Yellin Related news BMO InvestorLine launches commission-free trading for ETFs NEO offers MFDA reps real-time ETF data Facebook LinkedIn Twitterlast_img read more