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VEDA lowers interest rates for second time in two months

first_imgFor the second time in two months, effective April 1, 2008, the Vermont Economic Development Authority (VEDA), will lower its interest rates for commercial financing. VEDAs variable rate for taxable borrowers will drop to 3.5%, and the Authoritys variable rate for tax-exempt borrowers will drop to 3%. In February, 2008, the same rates went from 6.5% to 5%, and from 5.5% to 4.5%, respectively. “This is VEDA’s way of doing our part to help stimulate Vermont’s economy,” said Jo Bradley, the Authoritys Chief Executive Officer. “VEDA is keeping pace with a lower rate environment that exists throughout the nation, and we believe lowering interest rates again for Vermonts business community is the right move at the right time to help stimulate jobs creation and economic growth.”Prospective commercial borrowers who may benefit from the new lower rates are Vermont companies engaged in manufacturing, processing, warehousing, research and development, recycling, travel and tourism, information technology, and other businesses as defined in statute. Also eligible for the lower rates are Vermont businesses who build, install or update technology and communications infrastructure, and Vermont nonprofit local and regional development corporations who borrow to plan and develop industrial parks, or build facilities for lease to identified eligible tenants.VEDA’s mission is to promote economic prosperity in Vermont by providing financialassistance to eligible businesses, including manufacturing, agricultural, and travel and tourism enterprises. Since its inception in 1974, VEDA has made financing commitments totaling over $1.3 billion. For more information about VEDA, visit www.veda.org(link is external) or call 802-828-5627.last_img read more

USS Bataan ARG/22 MEU Complete Relief Mission In Haiti

first_imgBy Dialogo March 26, 2010 The multipurpose amphibious assault ship USS Bataan (LHD 5) and embarked Marines from the 22nd Marine Expeditionary Unit (MEU) completed their support to Operation Unified Response and depart Haiti on March 25th. U.S. Southern Command released the Bataan and its embarked Sailors and Marines following a steady decline in demand for the capabilities of the ship and its crew as relief efforts in the Caribbean nation transitioned from urgent life-saving activities to long-term recovery. Bataan arrived in Haiti Jan. 18 and immediately began supporting U.S. relief efforts led by the U.S. Agency for International Development’s Office of Foreign Disaster Assistance (USAID/OFDA). Within 48 hours of arriving, helicopter and landing craft from Bataan transported 23 patients with serious earthquake-related injuries to the ship, where they were stabilized and treated before being transferred to follow-on care facilities to begin their long-term recovery. During its two months on station, rotary-wing aircraft from the Bataan Amphibious Ready Group (ARG) and the MEU flew 2,200 missions to aid communities affected by the earthquake, delivering nearly 560,000 liters of bottled water, 200,000 gallons of bulk water, 1.6 million pounds of rations and 15,000 pounds of medical supplies. Helicopters and air cushion landing craft (LCAC) from the ship evacuated 97 patients to the ship’s medical facilities and transported another 524 patients to and from the hospital ship USNS Comfort, aircraft carrier USS Carl Vinson (CVN 70) and to medical facilities throughout Port-au-Prince. Bataan’s crew also assisted residents in the town of Grand Goave, removing 150 tons of rubble, building 65 shelters for 130 families and distributing more than 500,000 meals. “The Marines and Sailors of the Bataan Amphibious Ready Group and the MEU have once again demonstrated how their speed, flexibility and training can be called upon to help save lives,” said Maj. Gen. Cornell A. Wilson, Jr., commander of U.S. Marine Corps Forces, South. “They brought food, water, medical aid, and hope to the people of Haiti in some of the most devastated parts of the country at a time when getting help into Haiti was extremely challenging.” To date, the U.S. government has contributed more than $779 million in earthquake response funding for Haiti.last_img read more

U.S. Chief of Naval Operations Is Decorated by Commander-in-Chief of Chilean Navy

first_img The commander-in-chief of the Chilean Navy, Adm. Edmundo González Robles, awarded the Order of Naval Merit in the grade of Commander to the U.S. Navy’s chief of naval operations, Adm. Gary Roughead, in recognition of his attitude toward and decided commitment and significant contribution to promoting the relationship between the Chilean Navy and the U.S. Navy. At the award ceremony, Admiral González referred to the great personal help he received from Admiral Roughead following the earthquake and tsunami that devastated much of Chile and its coastline on 27 February 2010, something reflected in the fact that his was the first phone call he received from abroad to offer support and solidarity in facing this tremendous crisis. The ceremony, which took place on 5 August 2011, was attended by the U.S. ambassador to Chile, Alejandro Wolff, and the high command of the Chilean National Navy. The commander-in-chief of the Chilean Navy expressed his gratitude to Admiral Roughead, emphasizing that “We owe him our gratitude for his ongoing and committed predisposition toward and interest in participating, either personally or accompanied by delegations at the highest professional level, in important activities carried out by our Navy, inspired by the progress of Chile’s maritime interests and focused on the consolidation of balanced and effective naval power for global or regional strategic deterrence.” By Dialogo August 10, 2011 U.S. Chief of Naval Operations Is Decorated by Commander-in-Chief of Peruvian Navy Is it Peruvian or Chilean?last_img read more

Published results of a public call intended for professional associations

first_imgFind out the results of the public call for associations in the attachment. The Ministry of Tourism has published the results of a public call intended for professional associations operating in tourism and catering to co-finance projects of professional associations.  Side dish: LIST OF SELECTED PROJECTS Grants are awarded for projects of professional training and development of members of professional associations in tourism and / or catering that give added value to employees and members / members of associations and thus affect the strengthening of human resources competitiveness and, ultimately, increase competitiveness of the Croatian tourist product, point out the MINT. This is the support of the Ministry of Tourism, which aims to raise the competitiveness of Croatian tourism through the strengthening of professional associations in tourism and / or catering, and a total of two million kuna has been provided for the necessary public call. last_img read more

Civil groups sue Jokowi’s letter on resuming deliberation of job creation bill

first_imgThe groups demanded in the lawsuit that the court declare the letter as legally flawed in both substance and procedure. The groups also asked the judicial panel to order the government to revoke the letter from the House and end any ongoing deliberations on the bill.Lawyer Arif Maulana from the plaintiffs’ legal team said that the focus of the lawsuit was the Surpres that green-lighted the House to resume deliberating the job creation bill.”We demand that the court annul the Surpres because it was made without [reference to] the principles of good governance, prudence and public participation,” Arif told a virtual press conference on Sunday.He noted specifically that the groups that were likely to be affected by the bill, such as workers, fishermen, farmers and indigenous communities, were not involved in drafting the bill. Civil society groups have filed a lawsuit against a presidential letter (Surpres) that President Joko “Jokowi” Widodo sent to the House of Representatives to resume deliberation on the controversial omnibus bill on job creation.The letter also listed the names of ministers the President had appointed to represent the government in the bill’s deliberation.Arguing that the bill was made without public involvement, the Indonesian Legal Aid Foundation (YLBHI), environmental group Mining Advocacy Network (Jatam), the Agrarian Reform Consortium (KPA) and the All-Indonesia United Workers Confederation (KPBI) as the plaintiffs filed the lawsuit on April 30 with the Jakarta State Administrative Court (PTUN). Arif said that if the court granted the lawsuit and annulled the letter, any deliberations on the bill must cease automatically, as the legal basis for the process would be proved legally flawed.KPBI deputy chairwoman Jumisih said that labor unions were not invited to participate in drafting the bill with the task force, despite the government’s claim that the unions had been involved and had agreed to the contents of the bill.A task force consisting of businesspeople and experts and headed by Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan P. Roeslani had been set up to consult the public, inventory problems and input suggestions in drafting the bill.Read also: Omnibus bill on job creation: Labor articles to be discussed last amid public protestsThe government had previously planned to set up a separate team comprising state officials, businesspeople and union representatives to  coordinate deliberations and public consultations on the bill. However, the labor unions had declined to join the coordination team, as they were not permitted to make changes to the existing draft bill.“The draft bill was completed suddenly and the government submitted it to the House along with the Surpres. We [workers] are not allowed to provide any input [to the draft bill],“ she said.The House resumed deliberation of the problematic bill in early April despite the public outcry, that it neglected workers’ protection, and during the COVID-19 epidemic that had additionally strained the people’s lives, especially workers.Students, workers, activists and experts lambasted the government and the House for pushing ahead with their intent to endorse it, saying that the bill would harm Indonesian democracy, the environment and workers, particularly when the world was battling a pandemic.House Legislative Gody (Baleg) chairman Supratman Andi Agtas said that he would respect the rights of civil society to sue the Surpres, but he questioned whether such a lawsuit was permissible.“I’m not sure that the letter [can] be sued at the PTUN, but we are waiting for a decision from the judges,” said the Gerindra Party politician.Baleg is scheduled on Tuesday to resume its series of expert hearings on the bill.Topics :last_img read more

UK pensions industry questions government’s motives on LGPS

first_imgThe UK government’s recent decision to begin a second consultation on cost-cutting at local government pension schemes (LGPS) – having failed to respond to a 2014 paper on the same issue – has left the pensions industry bemused. In its first Budget, the new Conservative government announced a consultation to define cost-cutting criteria. Within this, it called on schemes to show how they planned to save on fees, or face enforced pooled investments.The move to allow schemes to form organic partnerships to cut costs could be seen as a stand-down by the central government in light of its May 2014 proposal to shift all assets into two collective investment vehicles (CIVs) and enforce passive investment for listed assets. The Department for Communities and Local Government (DCLG) said the upcoming consultation was to build on its existing proposals, not replace them.However, not all in the industry are convinced the government’s announcement means it is taking a more flexible approach, while others are confused about the status of the previous consultation.The consultation, expected in the autumn, is to cover the 89 LGPS funds in England and Wales, with more than £180bn (€250.4bn) in assets. But any further details remain scarce.John Hattersley, director at the £5.9bn South Yorkshire Pensions Authority, said he was unconvinced the government was demonstrating flexibility.“I know some have interpreted it that way, but others haven’t,” he said. “[The word] ‘consultation’ remains a misnomer. We await the small print with trepidation, not anticipation.”The DCLG argued that it has heard from consultation respondents who “recognised the benefits” of pooling investments and that the government was merely giving fund authorities the opportunity to take the lead in delivering savings.But even Michael Johnson, a fellow at conservative think tank Centre for Policy Studies (CPS) and a long-time advocate for LGPS consolidation, was dubious of the government’s intentions.He said it was using the word ‘pooling’ as a euphemism for consolidation.“This is a PR exercise par excellence,” he said. “The fundamental message to the industry is that the government has not forgotten about [the original consultation].”He said the government’s rhetoric belied a sense of frustration about the lack of progress on LGPS cost-cutting.But others have been more welcoming. Hymans Robertson, the consultancy behind the foundation of evidence in support of the original CIV and passive investment proposals, said allowing flexibility in cost-saving approaches was sensible.John Wright, head of public sector, said: “Mandating an approach from the centre, such as forcing the use of passive, would not produce optimal outcome.”He said schemes were already working together on savings, and that government encouragement to develop these could benefit all schemes.Dave Lyons, however, Aon Hewitt’s principal for public sector investments, said it was difficult to understand the government’s thinking without seeing an official response to the initial consultation.“It certainly seems like political will to drive efficiencies, and there has been a great deal of voluntary collaboration since the first consultation,” he said.“But the question we need answering is whether this is enough for the government and what it is looking for.”Lyons argued that the original consultation had created uncertainty, forcing pension funds that wished to avoid falling foul of changing regulations to defer decision-making. “Effective decision-making in an uncertain environment,” he said. “Some clarity would help a lot funds move forward.”Examples of organic LGPS cost-saving collaboration, alluded to in the Budget statement, could include moves by the Lancashire County Pension Fund (LCPF) and the London Pension Fund Authority (LPFA).The pair are looking to save £32m by merging assets, liability management and administration.London Councils, a representative body for London local governments, is also setting up a CIV with a view to merging mandates.Hugh Grover, chief executive of the CIV, said he hoped the government’s statement was a clear indication of support for its plans.“I did not see anything in the announcement that suggests we should pause what we are doing in London,” he said. “We will be pressing ahead.”last_img read more

Price tag attached to fitness star Ashy Bines’ Gold Coast house after passing in at auction

first_imgMs Bines, who has more than 840,000 Instagram followers, lived at the waterfront mansion with her husband Steven Evans and their son Taj, 3. The family are selling after moving into a rental closer to the beach. More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“I’m personally someone who likes to move and prefer to rent over own, so I like the variety of having different bedrooms, different locations and just moving and I find it quite exciting,” Ms Bine said in a YouTube vlog earlier this year.“We found this house … a rental … in the most amazing location … on the Gold Coast … it’s not like right on the beach but it’s a street back.“We just want to live that lifestyle where every afternoon our routine is to put our feet in the water.” The property at 15 Cedar Place, Broadbeach Waters, passed in for $2.2 million. MORE NEWS: This is what the Coast’s median house price can get you MORE NEWS: First-home buyers have the upper hand It now has a $2.495 million price tag. The couple both worked from home, each with an office in the property. “The view is magnetic with the river and skyline, the waterfront entertaining is outstanding and the architecture and space is ideal for (a) large family.” Ms Bines purchased the home in 2013.Harcourts Coastal listing agent Grant Stephens said despite the property not selling at auction there was great interest and he expected it to sell soon. “There’s not a lot of six bedroom homes around to start with, and the view has been really, really popular,” he said.center_img Ashy Bines and dog Scooby at her Broadbeach Waters home which failed to sell at auction. Picture: Lyndon MechielsenFITNESS guru and social media influencer Ashy Bines’ home has failed to sell under the hammer. The luxury Broadbeach Waters property passed in at $2.2 million at the midweek auction and now has an asking price of $2.495 million. CoreLogic records show Ms Bines purchased the palatial property at 15 Cedar Place for $1.955 million in 2013. RELATED: Ashy Bines slims down gym, cutting classes and slashing fees Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:14Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:14 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow do celebrities organise their pantry? 01:15 mikaela.day@news.com.au The unsuccessful auction follows the fitness queen slimming down her Mermaid Waters gym from two premises to one and the deregistering and re-registering of the company name ABBBC Pty Ltd. The gym, called Ashy Bines Transformation Centre, has also shut down its website and membership fees have been slashed.Mr Evens, in a statement to the Bulletin, said the shrinking gym was a move to consolidate its operation to the one space and the re-registering of the business was lodged by their tax agent. Ms Bines has recently slimmed down her gym. Picture: Luke Marsden Ms Bines and her husband Steven Evans lived at the property with their son Taj. Source: Facebooklast_img read more

Atlantis Proposes Normandy Tidal Site Development

first_imgAtlantis Resources has submitted a strategic plan to the government for the development of a tidal installation site at Raz Blanchard in Normandy, which would provide 1 GW of energy by 2025.If the project is successful, Atlantis expects this site to become the largest tidal power project, the company said.According to the Atlantis study, the Raz Blanchard has one of the best tidal energy resources in the world and, after a first production of 1 GW, the site could double its capacity by 2027.Atlantis estimates that the construction of the 2 GW site at Raz Blanchard is expected to attract €3.3 billion of investment and open up a valued €400 million worth of turbine export market per year, with the potential to create 10,000 jobs.In addition to the investment of more than €3 billion, the Atlantis proposal includes the development of a plant assembly, testing, operation and maintenance of turbines in NormandyPrior to the calls for tenders, studies have been requested by the French government to evaluate the best tidal energy sites in the French maritime waters.The independent proposal submitted by Atlantis aims to build on the success of the MeyGen project in Scotland where more than 6 GW of predictable renewable energy has been produced.last_img read more

NRF: US Container Imports to Hit Record despite Tariffs Debate

first_imgImports at the major retail container ports in the US are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, the National Retail Federation said.Ports covered by Global Port Tracker handled 1.63 million TEU in April. That was down 5.8 percent from March and up 0.3 percent year-over-year.“Despite an environment where the U.S. administration is enacting measures that could well lead to a trade war with most of its Asian and European trading partners, we see imports continuing to grow,” Ben Hackett, Hackett Associates Founder, said, noting that manufacturers have seen increased orders that reflect solid consumer demand.“This suggests that neither industry nor consumers really believe that President Trump will push through with his proposed tariffs. Let’s hope that they are right,” Hackett added.The first half of 2018 is expected to total 10.2 million TEU, an increase of 3.8 percent over the first half of 2017. The total for 2017 was 20.5 million TEU, up 7.6 percent from 2016’s previous record of 19.1 million TEU.last_img read more

Will he cheat? How to tell

first_img 42 Views   no discussions Share Sharing is caring! Share Sharecenter_img LifestyleRelationships Will he cheat? How to tell by: – March 13, 2012 If you’re worried your guy might cheat, try checking out his waistline. A new study says the size of his belly may reveal whether he’ll stray.Even the tiniest suspicion that her man might be unfaithful can turn some women into an investigator worthy of a guest-starring role on CSI. Now, a surprising new study suggests that women with huskier mates can breathe a bit easier on this front.Here’s the scoop: When researchers surveyed 1,000 men, 23% of average-sized guys and 19% of moderately overweight men said they’d cheat on their partners if they had the chance. However, only 11% of very overweight men said they’d stray. “The more you weigh, the less interested you are in sexual dalliances,” said men’s health expert Sascha Rusch of the health institute Epicure, which commissioned the study. What’s going on here? A lack of testosterone, the hormone that fuels a guy’s libido. “The larger a man’s stomach is, the less testosterone he’s likely to have,” says Harry Fisch, M.D., author of The Male Biological Clock and director of the Male Reproductive Center at Columbia University Medical Center of New York Presbyterian Hospital.Of course, just because he’s less likely to cheat doesn’t mean that obesity is a good thing. A recent study from Duke University revealed that obese people were up to 25 times more likely to report physical intimacy problems (such as lack of desire and impotence than people of average weight). “If his waist is more than 40 inches, it’s a sign to slim down,” says Fisch. So the goal is to lose the extra weight…while keeping those excellent values intact. By Jessica BrownYAHOO Dating Tips and Advice Tweetlast_img read more

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