Body of unidentified woman found in southwest Delhis Sagarpur area

first_imgNew Delhi: The body of an unidentified woman was found wrapped in a plastic bag in a field in southwest Delhi’s Sagarpur area on Tuesday, police said. The police was informed about the unidentified body lying wrapped in a plastic bag near Lal Bharat Ghar at around 10 am, officials said. The crime team visited the spot and the body was sent to the mortuary. Police said they have registered a case of murder.last_img

Eighth North Atlantic right whale found dead in Gulf of St Lawrence

first_imgHALIFAX – Another endangered North Atlantic right whale that was found lifeless in the Gulf of St. Lawrence is being towed to a New Brunswick island for a post-mortem examination, an animal rescue group said Thursday.Tonya Wimmer, director of the Marine Animal Response Society, said that marine mammal experts will carve up a fourth right whale carcass on a beach on Miscou Island, N.B., on Friday. The animal is the latest of eight North Atlantic right whales found dead in the Gulf of St. Lawrence over about six weeks.The society said an aerial survey conducted by the National Oceanic and Atmospheric Administration in the U.S. spotted the whale carcass late Wednesday afternoon east of Shippagan, N.B. The group said the survey also revealed another entangled right whale in the Gulf of St. Lawrence.Wimmer said there was a sense of urgency to haul the whale carcass ashore for a necropsy, or animal autopsy, as the mid-summer sun threatened to broil the animal’s remains.“As soon as you hit the height of summer … you want to do these necropsies as quickly as possible,” Wimmer said in an interview. “Anything with the animal itself will deteriorate really quickly.”The society’s response co-ordinator Andrew Reid said they are working with the federal Fisheries Department and the Canadian Wildlife Health Co-operative to determine what killed the whale.Reid called the whale deaths “unprecedented.”“Where we’re dealing with such an endangered species, it’s very concerning. For any species it would be concerning to have this many animals die in such a short period,” he said.“For a species like the North Atlantic right whale, where there are so few animals left, it’s a heightened concern.”North Atlantic right whales are critically endangered, with only about 525 estimated alive.Last week, the wildlife co-operative said a necropsy performed in the Magdalen Islands on one of the dead right whales found floating in the Gulf of St. Lawrence showed it had marks of blunt trauma, suggesting it may have collided with a vessel.Tests performed earlier on two other North Atlantic right whales in Prince Edward Island also showed signs of blunt trauma. Another died as a result of what the group called a chronic entanglement in fishing line.Federal Green Party Leader Elizabeth May released a statement calling on the Fisheries Department to order a complete review of fishing gear and shipping lanes in the areas of Gulf where the right whale carcasses have been found.Disentanglements of right whales were recently put on hold by Ottawa following the death of a whale rescuer in New Brunswick. Joe Howlett, who was also a lobster fishermen, died after freeing a North Atlantic right whale that had been entangled in fishing gear near Shippagan.The United States had implemented similar protocols, but announced earlier this week that it was allowing its whale-disentanglement teams to resume most rescue operations, except for the disentangling of right whales.Chris Oliver, assistant administrator with the National Oceanic and Atmospheric Administration, cited right whales’ unpredictable behaviour as a challenge during rescue attempts.Jerry Conway of the Canadian Whale Institute in Campobello, N.B., agreed.“The North Atlantic right whale has a violent reaction when certainly the weight that has been restricting it is released, and it’s an escape mechanism,” Conway said. “Some of the other whales are far more docile and just swim away. The North Atlantic right whale reacts violently and this is why they have to be treated entirely differently.”Conway said the Fisheries Department has sent an aircraft to locate the entangled whale so it can be tagged with a tracking device to monitor its movements. He said officials will then consult with experts on the safest course of action.The Gulf is a relatively new environment for right whales, said Conway, whose primary feeding grounds have traditionally been in the Bay of Fundy and Roseway Basin.With initial findings suggesting that human activity may have played a role in the string of right whale deaths, Conway said that fishermen in the Gulf will have to be a part of any effort to save the lumbering giants.“The fishing industry itself is the answer and will possibly help solve this problem,” said Conway. “Fishermen are very innovative. They can develop strategies, with the right information and given the time and resources, that could mitigate this a great deal.”Conway said if the current rate of right whale deaths persists over the next few years, the demise of the endangered animals will become “inevitable.”– With files from Aly Thomson in Halifaxlast_img read more

JSSI Proudly CoSponsors Voices Of Haiti Choir With The Andrea Bocelli Foundation

first_imgJet Support Services, Inc. (JSSI) is pleased to provide a roundtrip flight on a Boeing Business Jet to bring the children and teachers of the Voices of Haiti Choir to New York City for a week of concerts with Andrea Bocelli.The flight is being labeled the “Voices of Haiti Flight.” JSSI is also hosting a special “Voices of Haiti Cruise” to the Statue of Liberty with the Andrea Bocelli Family, the Book Family, and Martha Stewart. Martha will be welcoming the children from Haiti, to demonstrate the value of healthy and delicious nutrition.Neil W. Book, CEO of JSSI, said, “All of us at JSSI have great respect and admiration for Andrea and Veronica Bocelli, and for the many humanitarian contributions the Andrea Bocelli Foundation and the St. Luke Foundation are making in Haiti.”“Veronica and I are grateful for the many wonderful contributions that my good friends Bob and Amy Book and the entire JSSI organization are making to the Andrea Bocelli Foundation and to the St. Luke Foundation. Their generosity and active participation with the children will inspire them and the People of Haiti for many years to come,” said Andrea Bocelli.last_img read more

Consumer goods companies preparing for climate change impact

BERLIN — Companies behind some of the best-known consumer products — from soaps to sodas — are beginning to factor climate change into their business equation, according to a report published Monday.The survey of 16 major corporations by non-profit group CDP found that many are working to lower their carbon emissions, prepare for the effects of global warming on their supply chain and respond to growing environmental consciousness among customers.Examples include brewer AB InBev’s efforts to develop a variety of barley that needs less water and Unilever adjusting its detergent formulas so they work at the lower “eco” temperature settings on modern washing machines, the London-based group said.“We were surprised how much these companies were aligning themselves with changes in consumer preferences,” said Carole Ferguson, the report’s lead author.This includes chasing trends such as veganism, a small but growing factor in the market that’s driven by people who shun animal products for ethical or health reasons, but also because they have larger carbon footprints. PepsiCo’s recent acquisition of Health Warrior, a maker of plant-based nutrition bars, is a typical example where a large company has snapped up a small brand to fill a niche it didn’t yet cover.Such purchases help companies bolster their green credentials at a time when they’re beginning to feel the heat of climate activism. Consumer goods account for about a third of greenhouse gas emissions, meaning companies that make them play a key role in efforts to keep global warming below 2 degrees Celsius (3.6 Fahrenheit) by the end of the century.But manufacturers like Nestle, Coca-Cola and Procter & Gamble also face growing scrutiny from investors who want to know what business risks they face from climate change before deciding whether to buy their stock, Ferguson said.CDP ranked the companies surveyed according to how strongly their business is threatened by climate change, what they are doing to prepare for it and how much information they disclose to the market.“Climate change is going to be disruptive to revenues and costs,” Ferguson told The Associated Press. “What I would want to know as an investor is what kind of strategy they have going forward.”In general, CDP found that European makers of fast-moving consumer goods are ahead of U.S. rivals in preparing for climate change — a disparity also seen in other sectors, such as automotive or oil and gas. France’s Danone came first in the food and drinks sector, while Kraft Heinz came last out of nine; similarly Paris-based cosmetics company L’Oreal ranked second in the household and personal care sector, against New York-based rival Estee Lauder, which came last out of seven.Possible reasons for this disparity include stricter regulation from the European Union, Ferguson said.Consumer concern over plastic waste recently spurred strict new EU rules on packaging, the report noted.“Product labelling and carbon footprinting is on the horizon,” the authors added.CDP, which was once described as “the most powerful green NGO you’ve never heard of” by Harvard Business Review, isn’t alone in suggesting it’s time for companies to publish data on climate risks.Influential business weekly The Economist recently proposed that voluntary climate-related guidelines for listed companies drawn up by the Financial Stability Board, an international body that monitors global financial system, should be made mandatory.___Follow Frank Jordans on Twitter at http://www.twitter.com/wirereporterFrank Jordans, The Associated Press read more

Top UN Rule of Law officials outline goals of new Office highlight

Assistant Secretary-General for Rule of Law and Security Institutions Dmitry Titov, who heads the Office of the same name, outlined the goals and structure of the new pillar, while Police Adviser Andrew Hughes highlighted the challenges facing the Police Division at a time of unprecedented demand for peacekeepers in general and global policing in particular.“The goal of this new pillar, which is part of the Secretary-General’s wider reform of UN peacekeeping to cope with the growing global demand, is to develop an holistic approach to the rule of law by incorporating all aspects within a coherent framework that includes the police, the judiciary and corrections. It also demonstrates the determination of the Secretary-General to implement reforms towards results-oriented management,” Mr. Titov told the UN News Service.“The Office of the Rule of Law and Security Institutions is responsible for five areas: the Police Division, the Criminal Law and Judicial Advisory Section, the Disarmament, Demobilization and Reintegration Section, the Security Sector Reform Section and the Mine Action Service.”“All these functions are at the core of UN efforts to support the sustainable reform of security in post-conflict countries and this new Office will provide a coherent, integrated framework for providing this. The Office will also collaborate and enhance our partnerships with all relevant non-UN actors, including regional organizations and bilateral donors, and serve as a global focal point for rule of law issues,” added Mr. Titov.“The Office will work under the overall guidance of the Under-Secretary-General in the Department of Peacekeeping Operations (DPKO) and in close co-operation with the Office of Operations and the Department of Field Support. We will apply a forward-looking approach to Security Institutions capacity-building.”“Among our priorities will be establishing an efficient, dynamic and integrated Headquarters team and improving the management processes so we are able to provide the strong support needed by our field operations. We will also concentrate on generating UN doctrine and creating special international networks in relevant areas,” said Mr. Titov.Police Adviser Andrew Hughes said the new rule of law pillar, which formally came into operation on 1 July, was a very positive initiative and one that represented a natural structure for the Police Division to operate within.“The new structural arrangements represent an opportunity for us to work in our natural habitat as police, which is in the law and justice sector. This is what police around the world do on a day-to-day basis in any country… we work with the courts, we work with prisons, we work with prosecutors, we work with public defenders and we work with NGOs (non-governmental organizations) and human rights, and civil society and so on.”“What we have to do is to inform and educate the broader police community that UN policing now is very much aligned with what police are doing around the world anyway,” said Mr. Hughes, highlighting also the increasing capacity-building role that UN Police (UNPOL) officers are playing in peacekeeping missions.This changing role for UNPOL officers, away from the more traditional monitoring and observing functions, highlights the need for Member States to put forward quality candidates, stressed the Police Adviser, listing the benefits to all of having experienced police officers performing UN service.“The quicker we can get the job done and the more effective we can get the job done, the quicker we can hand over to local authorities and responsibly exit. The weaker our presence is on the ground, in terms of the experience and ability of the officers, the longer it’s going to take.”“When someone goes on a mission they learn and they interact. From my own experiences I’ve seen officers come back and they’re much more worldly in their thinking… They come back with a greater suite of options to problem solving in their own country. And also a police peacekeeping mission will often present the individual officers with opportunities to extend themselves,” said Mr. Hughes.Mr. Titov, a veteran diplomat, has worked in peacekeeping for the UN since joining the world body in 1991. Before taking up his current post he was the Director of the Africa Division in DPKO from 1998, during which time he helped set up all new peacekeeping missions on the continent and also led the UN team in negotiations to set up the joint mission for Darfur.Mr. Hughes has over 30 years experience as a police officer, including overseeing Australian contributions to UN peacekeeping operations in Timor-Leste and Cyprus. Before taking up the post of Police Adviser, he was the Interim Chief Police Officer in the Australian Capital Territory and prior to that, the Commissioner of the Fiji Police from 2003-2006. 2 October 2007Bringing all aspects of United Nations support for rule of law – the police, the judiciary and corrections – under the authority of one office not only helps improve efficiency but also ties in with the world body’s longer term goal of building sustainability in a nation’s rule of law sector, the two senior UN officials responsible for this area said today. read more

Costa Rican boats allowed to travel along border river after UN World

A panel of judges at the International Court of Justice (ICJ) issued a ruling in the dispute between the Central American neighbours over what navigational and related rights Costa Rica has in the section of the San Juan River close to its mouth at the Caribbean Sea.Costa Rica had taken action in the ICJ to challenge restrictions imposed by Nicaragua on river traffic. Under a treaty dating to 1858, the river falls in Nicaraguan territory but the bank on the south side is in Costa Rica.The court ruled that Costa Rica has the right of free navigation along the river for commerce, and that extends to the transport of tourists and other passengers. Such passengers are not required to obtain Nicaraguan visas or tourist cards.Inhabitants on the Costa Rican bank have the right to travel on the river between the riverside communities so they can fulfil the essential needs of everyday life, such as taking children to school or receiving medical treatment, and they are also entitled to go fishing in the river.But the ICJ also ruled that Nicaragua has the right to require Costa Rican boats and their passengers to stop at the first and last Nicaraguan port on their route along the river; to require that all persons travelling on the river must carry either a passport or identity document; and to impose timetables on boats travelling on the river.The judges also ruled that Nicaragua has the right to require that Costa Rican boats display the Nicaraguan flag while travelling on the river, but not to impose a charge for the issue of departure clearance certificates from its ports.The ICJ, which is based in The Hague and also known as the World Court, is the principal judicial organ of the UN. Its rulings are binding and without appeal. 13 July 2009Costa Rican tourist and commercial boats have the right to travel along the river that defines part of its border with Nicaragua, but Nicaragua has the right to regulate the river traffic, the United Nations’ top court ruled today. read more

Outgoing UN climate change official says some progress made in latest talks

“The two-degree-world is in danger,” said Yvo de Boer, the Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), referring to the goal of limiting global warming to a rise of 2 degrees Celsius as compared to temperatures in pre-industrial times.“A big step forward is now possible at Cancún, in the form of a full package of operational measures that will allow countries to take faster, stronger action across all areas of climate change,” Mr. de Boer added, referring to the climate summit in Mexico at the end of the year.He was speaking at the conclusion of a two-week meeting where more than 5,500 participants, including delegates from 185 governments, attempted to conclude what was left incomplete since the talks in Copenhagen last December. Two working groups met in parallel. One focused its talks on the long-term response to climate change, such as adaptation to its inevitable effects of climate change, the transfer of clean technology, reducing emissions from deforestation and capacity building, along with finance and institutional arrangements.The other working group focused on emissions reduction commitments for the 37 industrialized countries that that have ratified the Kyoto Protocol for the period beyond 2010, and on ways to turn the emission reduction pledges into targets.Mr. de Boer called on participants to take a “cold look” at the 76 emission reduction and emission limitation pledges that have been made by developed and developing countries since the Copenhagen Conference.“Take all current pledges and plans from all countries and we still won’t stop emissions growing in the next 10 years,” Mr. de Boer warned, noting that industrial country pledges are below the 25 to 40 per cent reduction rate that the Intergovernmental Panel on Climate Change (IPCC) has said was needed to keep global temperatures in check. Mr. de Boer, who will step down in a few weeks to pursue new opportunities to advance progress on climate change in the private sector and academia, will be replaced by Christiana Figueres of Costa Rica.The next UNFCCC negotiating session is scheduled to take place in early August, also in Bonn, followed by a second one-week inter-sessional meeting ahead of the UN Climate Change Conference to be held from 29 November to 10 December in Cancún. 11 June 2010The United Nations climate change talks this week in Bonn, Germany, made important progress in fleshing out how a climate regime can work in practice, but the outgoing head of the UN body on this issue warned participants that the long-term goal of cutting emissions will not be reached without stringent action. read more

Hamilton police investigate bank robbery on Locke Street

Hamilton police are investigating a robbery that happened last week at an RBC branch on Locke St.Police say a man entered the bank shortly after 4:30 p.m. on April 20. He threatened to hurt a victim and demanded money.The man was able to steal some cash before fleeing away on foot. No one was injured during the robbery.The suspect is described as black, six-feet tall, and was wearing a black hoodie, red mask, dark pants and a bright coloured construction vest.Anyone with information about this crime is asked to contact Det. Cst. Ryan Hayr at 905-981-6975 or Det. Sgt. Evangelista at 905-546-2991. read more

Poseidon Concepts up for sale under supervision of courtappointed monitor

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CALGARY – Poseidon Concepts Corp. (TSX:PSN) has received temporary protection from its creditors under supervision of a court-appointed monitor and been put up for sale.The Calgary-based oilfield services company has been grappling with a number of problems, including the discovery that most of its revenue in the first nine months of 2012 was improperly booked and must be restated.PricewaterhouseCoopers Inc., a firm that provides audit, accounting and restructuring services, has been appointed monitor by the Alberta Court of Queen’s Bench.The court has also stayed actions against Poseidon until May 9, when the company can seek an extension of the creditor protection.Ernst & Young Orenda has been hired to help Poseidon’s two remaining directors solicit and evaluate offers for a sale of the company or its assets.There’s been a cease-trade order on Poseidon stock since it announced in February that it must restate between $95 million and $106 million out of $148 million of revenue booked in the first nine months of 2012. by The Canadian Press Posted Apr 10, 2013 9:05 am MDT Poseidon Concepts up for sale under supervision of court-appointed monitor read more

Ban appalled by deadly bombing near shopping centre in Nigerias capital

Secretary-General Ban Ki-moon today voiced his condemnation of the bomb attack that took place yesterday near a shopping centre in the Nigerian capital, Abuja, which reportedly resulted in the death of at least 21 people.UN spokesperson Stéphane Dujarric told reporters in New York that Mr. Ban is “appalled” by the attack, which also reportedly left at least 50 people injured.“The Secretary-General reiterates his unequivocal condemnation of such attacks. He remains deeply concerned about the escalation of violence in Nigeria,” said Mr. Dujarric. Mr. Ban offered his sincere condolences to the bereaved families and wished the wounded a swift recovery.Nigeria has witnessed numerous attacks in recent years, many of them carried out by the militant group known as Boko Haram. read more

Report Tyrann Mathieu Might Stay At LSU

After thinking about it, LSU’s exiled Tyrann Mathieu has indicated he would consider staying at the school if he has a chance to be reinstated to the team next season.When coach Les Miles made his bombshell announcement that Mathieu, called the Honey Badger, was kicked off the team, it was unclear if it was a permanent banishment. But a source told ESPN that it was not permanent and that it’s possible for Mathieu to be reinstated at LSU in the future.One of the most dynamic players in college football, Mathieu was said to be considering transferring to McNeese State, Prairie View A&M and Jackson State. The rising junior would be able to play at those schools this year.He is hoping to stay at LSU in part because of the “support system” at the school, the network reported. Mathieu has two years of eligibility remaining and three years in which to use that eligibilty.Mathieu was dismissed from the team Friday following failed substance-abuse tests, but he was not dismissed by the university. The possibility of reinstatement would have to be approved at many levels, including university administration as well as Miles, and it is being discussed.Mathieu has visited McNeese State, and that remains an option, according to a source close to Mathieu. And although other FCS schools, including Jackson State and Prairie View A&M, have expressed interest, they are not options at this time.Mathieu has been described as “heartbroken” and “grieving” since his dismissal from the team.Mathieu has told people close to him that he is interested in working on his maturity and character and also in seeking out any way to continue his education at LSU.The possibility of declaring for the NFL draft after this season also exists. But Mathieu has told people close to him that draft status it is not a priority at this time. If he were to stay at LSU, paying his own way for at least one season is a possibility. read more

Manchester Airport braces for further disruption after fuel hitch resolved

Power issues which led to almost 70 flights to and from Manchester Airport being cancelled on Sunday have been resolved, engineers said.But a “small number of delays and cancellations” are expected on Monday following the power problem interrupting fuel supply.An airport spokesman said there were a total of 69 cancellations.Thirty-seven of the cancelled flights were arrivals and 32 were departures.A statement from the airport said that “most scheduled flights” would operate as normal on Monday, but “there will be a small number of delays and cancellations as a result of the issues experienced”.Passengers are advised to check the status of their flight with their airline.Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. read more

Its the Beginning of a Dark Era for Cyber Security

first_imgStay on target Here’s the Story Behind the World’s First Major Internet AttackResearchers Discover Two More Cases of Facebook Data Exposure It may be old news to most of us, but researchers and experts are still sifting through the data on last week’s staggering distributed denial of service (DDoS) attack.For those few who haven’t heard, someone launched a massive DDoS attack on a domain name server (DNS) last Friday. This is important because DNS are responsible for translating the web addresses we humans use (like www.geek.com) into data that computers and routers and the like can understand. When a DNS goes down, computers get confused and have no idea where to go unless you manually type in the address of the site you need. Since basically none of us have that kind of information logged, it basically tanks any site that uses that DNS.DDoS attacks have become increasingly prevalent and far more destructive over the past few years. They work using an array of techniques designed to flood a server with traffic so that it can’t handle all the incoming data and, frequently, shuts down. In the earliest days of the internet, it was possible for just a few computers to bring down a server with a coordinated attack. But as the internet infrastructure has grown, so too has the size of the attack needed to take out any one piece.A couple of years back the hacking collective Lizard Squad were known to use a system where they’d request data from an internet time keeping server (essentially one of the computers that helps keep everyone’s clocks running) and then redirect that traffic at a selected target. This could be hugely devastating because time servers are designed to handle hundreds of thousands if not millions of requests at once. And if you asked for enough data from one, they could send that same volume of traffic downstream.Since then security companies have wizened up. Now, many use special software that filters or examines incoming requests and screens them for anything suspicious. If you get a bunch of data coming from one place, you can safely assume it’s an attack and lock out that connection. So hackers have adapted.In a blogpost published by Dyn (the DNS that got hit last week), the company identified the Mirai botnet as the “primary source of malicious attack traffic.” Botnets or collections of computers infected with specialized viruses have been used to aid DDoS attacks for some time, but Mirai is different.Mirai uses hundreds of thousands of digital cameras, DVRs and other “internet of things” (IoT) products. Dyn estimates that they were hit with 1.2 TB/s, making this the largest attack recorded by far. This is particularly troubling because it points to the staggering number of security flaws in IoT devices.Speaking to the Guardian, David Fidler, adjunct senior fellow for cybersecurity at the Council on Foreign Relations, said, “We have a serious problem with the cyber insecurity of IoT devices and no real strategy to combat it.”Fidler adds that this is likely just the beginning.“The IoT insecurity problem was exploited on this significant scale by a non-state group, according to initial reports from government agencies and other experts about who or what was responsible… Imagine what a well-resourced state actor could do with insecure IoT devices.”Because a DVR may not show any signs of being infected and there are so many out there, not to mention printers, cameras, etc., infected devices can go much longer without arousing suspicion. And since we have so many of these systems running through homes and workplaces, the scale of these attacks could be truly terrifying.It’s feasible that within short order we could see attacks large enough to take down internet exchange points, or IXPs, the literally backbones and hubs of virtually all web traffic on Earth. If that happened, then the potential damage could be catastrophic.last_img read more

Economic Forecast Breakfast features speakers panels

first_imgThe Clark County economy looks much healthier now than it did one year ago, but our uneven recovery is leaving far too many people behind.That’s the message that Scott Bailey, regional economist for the state’s Employment Security Department, will deliver next week at The Columbian’s 2014 Economic Forecast Breakfast. Bailey is one of three keynoters at this year’s event, being held Thursday, Jan. 23, at the Hilton Vancouver Washington.Other keynote speakers will provide a national and local perspective. Jon Roberts, principal at TIP Strategies, an Austin, Texas-based consulting firm that assisted the Columbia River Economic Development Council in creating a countywide economic development plan, will discuss the county’s business strengths and weaknesses. Rick Goode, CEO of Vancouver-based Columbia Machine Inc., will share his insights into leading a company that has grown in large part due to its expansion into worldwide markets.Betsy Henning, president of AHA! Marketing Inc., a marketing and communications firm located in downtown Vancouver, will serve as moderator for the second consecutive year.In addition, the breakfast event will feature four breakout sessions, each featuring local speakers who will discuss growth prospects in their industries and professional fields. The breakout sessions are segmented by topic area: the “Exploring New Markets” session is aimed at providing information to businesses who are looking at growth possibilities in the greater Portland region, the Northwest, or export markets; the “Innovation & Imagination” panel looks at many facets of technology and its potential to strengthen existing businesses and create new ones; the “Building Local Businesses” panel includes speakers who will discuss issues affecting businesses that primarily serve Southwest Washington markets.last_img read more

Heres Why So Many Texas Races Go Uncontested By Major Parties

first_img Share Laura Buckman for The Texas TribuneVoters proceed in and out of the University Park Methodist Church in Dallas for the first day of early voting on Oct. 24, 2016.Today’s Texplainer question was inspired by reader Lucy Wiley.Hey, Texplainer: Why do so many Texas races go uncontested by major parties? Can you provide examples and elaborate on where and why this happens?Texas primaries are extremely competitive this year, with one Republican primary drawing a staggering 18 candidates. But 64 candidates who win their primaries will face no major-party opposition in the general election. Of those 64 primary winners, 19 will be Republicans and 45 will be Democrats.Unopposed races can happen for three reasons, said Harold Cook, a Democratic political strategist based in Austin:The incumbent is so popular that no one else can find a path to victory.The district is so tilted in favor of the other party that nobody in the opposing party can find a path to victory.The incumbent’s campaign has so much money that nobody can figure out how to overcome their ability to communicate with voters.Gerrymandering — when lawmakers draw political maps to advantage one party — is the most common reason why incumbents go unchallenged by the other party, Cook said.“If Republicans have been winning elections in that district 70 to 30, what are the odds that the other party is gonna make a dent in that?” he said.That’s not to say it doesn’t happen. When state Rep. Donna Howard, D-Austin, first ran for her seat in House District 48 in 2006, it was drawn to heavily favor Republicans, she said.“When you have a district that has been drawn to be a significant majority for one party or another, it’s absolutely more difficult to mount a campaign that will have a different outcome than what the redistricting was meant to ensure,” Howard said.Nevertheless, she won the seat in a special election, and since then the district boundaries have been redrawn. The fact that she won in 2006 shows that winning a low-odds race is not impossible with the right candidate.But it all comes down to money. Even if would-be challengers think they have a chance in a general election, the lack of support from big contributors can be enough to prevent a candidate from filing, Cook said.“Both parties will tell you our goal is to contest every election,” said Brendan Steinhauser, an Austin political consultant who previously worked as Republican U.S. Sen. John Cornyn’s campaign manager. “But it’s really not always the best strategy because it can be a distraction away from the races that are really important in terms of money, volunteers and time.”The bottom line: Lack of interest, lack of money and lack of support can all contribute to a major party failing to put a candidate up for election in a given race — especially in heavily gerrymandered districts.last_img read more

New Houston Medical Research Campus Meant To Rival Boston San Francisco

first_imgFlorian MartinTexas Gov. Greg Abbott, center, joined Houston Mayor Sylvester Turner, second from left, and Harris County Judge Ed Emmett, far left, for the announcement of the new medical research campus at the Texas Medical Center on Monday, April 23, 2018.The Texas Medical Center will soon break ground on a new research campus, dubbed TMC³.It’s just the latest of a string of new developments meant to strengthen Houston’s standing as a center for tech innovation. X To embed this piece of audio in your site, please use this code: It follows the creation of an innovation district in Midtown.“TMC³ will attain its rightful position of being the No. 1 biotechnology and biosciences innovation center in the entire world,” Texas Gov. Greg Abbott said at the official announcement for the new campus.TMC³ will include more than 1.5 million square feet anchored by a facility with labs, retail and commercial space.It’s a collaboration of the Texas Medical Center, UT Health, MD Anderson Cancer Center, Baylor College of Medicine and Texas A&M Health Science Center.One economic impact study estimates TMC³ will generate more than $5 billion and create 26,000 jobs.Groundbreaking is estimated for next year and completion for 2022.The new @txmedcenter research campus will provide Texas’ top medical minds with the resources to remain at the forefront of the health care industry. Learn more about today’s major #TMC3 announcement. https://t.co/aLON5GpkJO pic.twitter.com/j57dEExU2x— Gov. Greg Abbott (@GovAbbott) April 23, 2018 center_img Listen 00:00 /00:48 Sharelast_img read more

Tonight AFROs First Edition with Sean Yoes Tuesday Nov 1

first_imgListen at WEAA Live Stream: http://amber.streamguys.com.4020/live.m3uFrom 5-7 P.M.We’ll get a report on one of the deadliest accidents in recent memory, when a school bus collided with a public transit bus, leaving six dead and 10 injured. We’ll talk to WEAA news director Julius White, who has been following the tragic story all day. Plus, Maryland is preparing to bring medical marijuana to the state, but the state seems determined to keep the lucrative licenses and millions of dollars out of Black and Brown hands. We’ll speak with Del. Cheryl Glenn of the 45th District and Chairperson of the Legislative Black Caucus. These stories and much more on AFRO’s First Edition with Sean Yoes, Monday through Friday, 5-7 p.m.last_img read more

Proud to have guided a generation of knowledge seekers

first_imgA trailblazer, a visionary leader, social worker, and first-generation entrepreneur, Vikash Kumar Singh broke new ground by introducing professional education for the ‘weaker sections’ in India.Born in a family of Indian Air Force, Singh not just had the opportunity to travel extensively across the country and pick up multifarious skills, languages, and interests, he also had the zeal to do things differently, the passion to excel, the conviction to break frees and the will to achieve. Also Read – Add new books to your shelfIn 2008, Singh realised that there is a huge gap in the education system, right from the grass root level (toddlers onwards). The need for proper mentoring and education at an early stage among the toddlers prompted him and his team to study the parameter to bridge the gap and that start an institution involving tiny tots and toddlers. Today this institution ‘Genius Kids’ is considered to be one of the best in making a solid foundation for tiny tots during their formative years, thereby enabling them to become compatible and competitive. Also Read – Over 2 hours screen time daily will make your kids impulsiveHe has been several times accorded with awards and honours in the field of innovative thinking and public speaking and was awarded the Rashtriya Rattan Award in the year 2002 in recognition to his outstanding services to the society and individual achievements in nation building through innovative educational activities at All India achievers conference in New Delhi. He was also awarded the Society Icon 2017 by Magna and also received the Top 50 SME index in India from ASSOCHAM in 2016. Moreover, on April 12, 2019, Genius Kids received the certificate of recognition and Award as The Top Pre Schools Of India ranking 2018 at School Leadership Summit 2019. Also, on March 8, 2019, Annex College was awarded the India’s Education Excellence Award 2018 as India’s Best Institute for Management and Technical Education in Eastern India by Berkshire Media LLC, USA. “I always believe that you cannot achieve your goal and excel in life without being passionate. I always strive for my goal with full planning, strategy, conviction, and an objective to not only for my personal growth but also to give back to society and grow with the impact I have created through my work,” says Singh. Vikash is a first generation entrepreneur having no family background in business or entrepreneurship. Sharing his mantra of success, he says, “The flavour of success lies in your conviction to break free, your passion to excel and your will to achieve. Proper utilisation of time to generate goodwill and create social impact is entrepreneurship for me.” “I belong to a middle-class family and hence I was not born with a silver spoon in mouth. I started my journey with nothing except a dream. But, today when I turn back and see that more than 10,000 dreams have become a manifest reality with our institution, I feel proud of it. I take pride in having guided an entire generation of knowledge seekers. I have done a bit for the society at the age of 41 and wish to do a lot more in the future.”last_img read more

15 RegTech Investors Every Fintech Startup Needs to Know

first_imgJuly 28, 2017 Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. Download Our iOS App Free Green Entrepreneur App According to statistics from CB Insights, RegTech startups have raised approximately $2.3 billion across 317 deals between 2012 and 2016. As an area that continues to grow, propelled by interest in and demand for FinTech solutions, more investors are turning their attention to regtech startups, including those in cannabis, vendor risk management, information security/cybersecurity, healthcare, background checks, compliance management and government/legislation.Related: Microsoft to Offer Software for Local Governments to Regulate and Tax Legal CannabisHere are 15 investors who are focused on helping build out the RegTech industry:1. Octopus VenturesThis UK venture capital firm invests in all types of technology-backed startups. Recently, it made the move into RegTech by leading the investors in backing the US-based open banking platform Token, which raised $15.7 million in a Series A funding round in April.  The startup’s open banking platform helps banks to meet the compliance requirements of the upcoming European Payment Services Directive (PSD2).Related: An Entrepreneur’s Guide to Compliance2. SeventySix CapitalThis U.S. venture capital company invests in numerous business segments, including its foray into RegTech thanks to Managing Partner Wayne Kimmel’s decision to put money into KIND Financial, a regulatory and compliance platform for the cannabis industry and for the government to monitor those businesses. Along with Lindy Snider, the investment firm determined that the high growth potential in the cannabis industry and the need to help propel that growth with compliance solutions would offer a significant return.3. Summer CapitalThe investment firm has been focused on funding RegTech, FinTech, and data companies throughout Europe. For example, Summer Capital has invested in Sybenetix, which is a RegTech startup that offers market surveillance and compliance monitoring software for banks, asset managers, hedge funds, and regulators.4. Carrick Capital PartnersThis venture capital firm invests in different business segments, including those that focus on compliance issues. One example of their investments is Bay Dynamics, which is a cyber risk analytics company that helps enterprises measure, communicate, and reduce their cyber risk. They offer analytics software, Risk Fabric®, which automates security information analysis.Related: How to Avoid Regulatory Fire in the Gig Economy5. EQT VenturesThis European investment firm focuses on making minority equity investments in tech companies across a diverse area of industries. With RegTech, EQT Ventures has invested in companies like Token and HackerOne. These startups are geared toward online payment compliance and risk mitigation and cybersecurity, respectively.6. Insight Venture PartnersThis U.S. venture capital firm invests in a diverse set of industries, including RegTech startups for a number of areas, including government, healthcare, and financial applications. For example, DigitalHarbor has application for government and financial services, offering a platform for intelligent composite applications that include compliance and risk management solutions for those verticals.7. JMI EquityThis U.S. investment company works with RegTech startups across many verticals, including government, healthcare, security and compliance, and financial and insurance. Its portfolio covers numerous software and technology startups that are providing critical solutions for these business segments, offering compliance and security applications to facilitate all types of transactions, recordkeeping, and public sector activity.8. Aquiline Capital Partners LLCAs a U.S. investment firm, the team invests primarily in financial services-related startups, including those that offer services and RegTech solutions for banking, credit, insurance, investment management, and financial technology. The various startups in their portfolio help to ensure compliance for hedge funds and other types of investments, billing, financial services marketing and more.Related: How Do We Measure the Statistical Significance of Legal Cannabis?9. Sageview CapitalThis U.S. venture capital firm bills itself as an “engaged long-term partner for growth,” helping small to mid-sized companies in areas like technology, financial services, and business services. Their extensive portfolio includes RegTech startups and companies that address compliance for treasury and wealth management, payments and transactions, investor management, and more.10. Accel PartnersInvesting in what have become some of the world’s biggest companies (Facebook, Slack, Dropbox, Venmo and others), Accel has been expanding its business segments to include investments in RegTech startups. Among them is risk analytics startup OpenGamma, which has facilitated activities in the derivatives markets.11. Warburg PincusThis large global investment firm works with all sizes of companies across a diverse set of industries. Included among some of the verticals, such as energy, healthcare, and financial services, are numerous RegTech startups and businesses that Warburg Pincus has helped to fund for their growth and development.12. HarbourVestThis international investment firm with offices around the world has recently become more involved with investments in RegTech. It typically offers primary, secondary, and co-investing options to assist companies with funding as well as strategic consulting and development direction. It has now helped numerous RegTech companies in various regions reach the next stage in their growth.Related: Avoid These 3 Employment Compliance Mistakes or Risk Fines13. Digital Currency GroupThis is a unique group of investors who are focused on building out bitcoin and blockchain technology, assisting startups and companies with developing in specific areas like compliance and regulation, payments, security, identity, smart contracts and more. Their focus is to further the growth of various applications that are built on blockchain, offering more standards and a process for facilitating compliance to gain wider adoption of this technology.14. TTV CapitalThe U.S.-based venture capital firm is focused on financial technology and solutions that drive efficiencies, compliance, and security across all types of financial services segments. These solutions are for banks, payments, capital markets, data analytics and security. Included in the companies that its helped are Bill.com, Bitpay, Cardlytics, DefenseStorm, FTrans, GreenDot, iKobo, and SmartAsset.15. Balderton CapitalThis investment firm deals mainly in early investments in European startups for healthcare, technology, mobile and consumer segments. Some of the investments in RegTech startups include those that provide solutions like an electronic voting platform, online and mobile payments, medical records and data centers. ComplyAdvantage was a recent RegTech investment where the firm funded over $8 million to grow this company.Tip of the RegTech IcebergThese 15 investment firms just touch the surface of the RegTech investment landscape as more business segments and issues related to compliance in these areas emerge. Along with FinTech and InsureTech, RegTech will continue to grow over the course of the next decade as demand grows for online business for both consumers and businesses. Opinions expressed by Entrepreneur contributors are their own. 6 min readlast_img read more

Former Coop officials point finger at Hadjiyiannis Update 3

first_imgBy Stelios OrphanidesTWO former Co-op officials who testified on the first day of hearings of an investigative committee, pointed their fingers at Nicholas Hadjiyiannis, the childhood friend of Finance Minister Harris Georgiades, who allowed him to advance initially from chairman of the board to the bank’s top executive, and who they said garnered too much power.One of them, Georgios Strovolides, who had served as non-executive board member in 2010 to October 2015 and also as chairman of the audit committee, said that he opposed to Hadjiyiannis becoming the lender’s chief executive officer (CEO) and was later fired from the board – on which he served from 2010 until October 2015, after pointing out the bank’s corporate governance gaps.The second person who testified on Friday was the former chief executive officer of the state-owned Co-op Marios Clerides who said that he had been constantly undermined by the failed bank’s then chairman Nicholas Hadjiyiannis. He also said that the board of directors under Hadjiyiannis, who had succeeded him as CEO after his resignation in mid-2015, and the bank’s communication and strategy executive Yiannos Stavrinides –hired initially as assistant to Hadjiyiannis– had given themselves too much power.Stavrinides had become a “super executive” acquiring “super powers” with Hadjiyiannis’s support amid rumours he had too access to the finance minister, Clerides said and added that several executives set up a committee which had unclear terms of reference.Clerides and Strovolides were testifying at an investigative committee appointed by Attorney-general Costas Clerides to look into the causes that led to the demise of the lender, recapitalised with €1.7bn in taxpayers’ money in 2014 and 2015 and controlled by the government, owner of 99 per cent of its shareholding. The bank was compelled into agreeing to sell its healthy operations to Hellenic Bank in June after it failed to reduce its non-performing loans stock of over €7bn, making up six tenths of its total loans.Strovolides, the first of the two to testify, said that some of the bank’s board members had behaved as “shadow” executives, got themselves involved in executive matters which in turn caused particular problems.He also described how Hadjiyiannis, had settled down in the general manager’s office, utilised his secretary and was quick to secure a company car for himself and negotiate matters related to his remuneration.When Clerides was appointed, Hadjiyiannis who had already encroached in the general manager’s office, continued to occupy it until another office was found for Clerides, Strovolides said adding that as a result a separate chairman’s office was established which had its own staff, which created a bad impression and was seen as provocative.The former board member said that the Central Bank of Cyprus was aware of some members having exceeded the boundaries and he was summoned to the bank supervisor in 2015 to talk about his disagreements.The previous Co-op chairman had no office, he said adding that he didn’t rule out that Hadjiyiannis may have been encouraged to act the way he described after sensing that he had someone’s backing.Strovolides said that after he was fired as board member he attempted to communicate with Dionysis Dionysiou, a finance ministry official who represented the ministry at the Cyprus Cooperative Bank, without getting any response. He only got, Strovolides added, was a letter from minister Georgiades in which there was no reference to the reasons of him being fired.He had warned in 2013 that the situation for the bank was very difficult and keeping it solvent would require “immediate changes and there was no room for anything else”.In board meetings, Strovolides continued, one was not free to freely express his views and it was obvious that some of the members were tilting towards a certain position, while it was apparent that decisions were already taken elsewhere.He added that his dissent was rebuffed by some persons who told that “what you are saying is nonsense” and later advanced to higher positions, all persons appointed after 2013.Strovolides said that internal audit in then Cyprus’s second largest bank which emerged from the merger of initially over 98 independent cooperative saving banks and subsequently 18, was practically non-existent, and if so staffed with unqualified persons which reduced its effectiveness. Bank officials often intervened to either prevent internal auditors from working or assign them other duties.Clerides who testified right after Strovolides, said that he had explained in his resignation letter that, unlike to what was noted in the minutes, he had not stepped down as chief executive for personal reasons and while he was expecting that someone would contact him to find out more, he only got a letter from the finance minister, thanking him for his service.He added that only six months after joining the bank, he began sensing that Hadjiyiannis, then chairman of the board, started to constantly undermine him.Hadjiyiannis was the only chairman of a bank participating in the 2014 asset quality review, to accompany the management to Frankfurt.After his resignation, Clerides said he was summoned by the Central Bank of Cyprus, but not governor Chrystalla Georghadji, and the Single Supervisory Mechanism (SSM), the European Central Bank’s supervisory branch, and told officials in Frankfurt that there was trepidation among Co-op directors to speak up for fear they would be undermined, and he explained the reasons of his resignation.He also said that when he was informally asked in Frankfurt whether he considered Hadjiyiannis fit and proper as chief executive he said that his qualifications made him unfit and proposed them to look into the intense rumours about the causes of Hadjiyiannis’ departure from Bank of Cyprus. The SSM, Clerides continued, had received a positive recommendation on Hadjiyiannis from the Central Bank of Cyprus.Clerides also said that while he had proposed that the Co-op should be converted into a bank practicing ethical banking, which would have been in line with its history and its role in society, he discovered shortly before his resignation that someone had proposed that the bank should start extending large corporate loans, an area in which the Co-op lacked knowhow.When the Co-op had to hire a new human resource manager, Hadjiyiannis got involved helping a (young) woman who had previously held that position at clothing retailer Marks & Spencer and was rumoured to have friendly relations with his successor at the helm of the bank.In reference to Stavrinides, the bank’s communications and strategy manager, Clerides said that while not a member of the board, was daily there without reporting to the general manager.Clerides admitted that he made a mistake to tell Bloomberg in an interview that if the parliament passed the law to protect primary homes, this could cause problems to the Co-op, which ultimately led to a monthly loss of €200m in deposits. The outflow only stopped after the results of the 2014 stress tests were published, he added.The bank, its former chief executive added, was facing in a dilemma given that without foreclosing it would run into problems, while on the other, it was a state-owned bank with a social role to play and had to handle the matter. An initial strategy to tackle the bank’s non-performing loans approved provided that borrowers should first be given the chance to sell their homes themselves.The initial modernisation of the foreclosure law four years ago, while it didn’t prevent foreclosures, it sent the message that homes with a value below €350m were not at risk, which combined with the political climate at the time, and the judicial system known for dragging its feet, prevented the Co-op from tackling the problem.Clerides said that certain provisions in the bank’s restructuring plan, agreed with the troika of Cyprus’s international creditors, i.e. the International Monetary Fund (IMF), the European Commission and the ECB, were punitive as they provided for the closure of smaller branches in villages which did not bring any benefit.Lastly, he said that while he objected to the structure proposed by the IMF and had sent a proposal to the board for certain amendments, he subsequently saw in the minutes that the IMF’s proposals had been accepted, and he therefore declined to sign them. You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoSenior Living | Search AdsLuxury Senior Apartments in Rowland HeightsSenior Living | Search AdsUndo Pensioner dies after crash on Paphos-Polis roadUndoAuthorities release five of 12 Israeli rape suspects, seven due in court FridayUndoVarosha move merely a ‘PR stunt’ by Ozersay, expert saysUndoby Taboolaby Taboolalast_img read more