New Delhi: The Finance Ministry is planning to launch an exchange traded fund (ETF) consisting of stocks of PSU banks and financial institutions this fiscal and will soon appoint an advisor to explore its feasibility, according to an official. After the resounding success of CPSE ETF and Bharat-22 ETF, the government is looking at diversifying the ETF basket by including stocks public sector banks and financial institutions. “We will be soon appointing advisor to suggest on launching an ETF with PSU bank scrips. The advisor will also look into the feasibility of including stocks of financial institutions and insurance companies into the basket,” the official said. Also Read – SC declines Oil Min request to stay sharing of documentsThe plan to launch a bank ETF comes on the back of the government seeing huge investor demand for two existing ETFs. It has raised Rs 32,900 crore through two tranches and an additional fund offer of Bharat-22 ETF, and Rs 38,000 crore in five tranches of CPSE ETF in the domestic market. “We expect balance sheet of PSU banks to strengthen going forward and an ETF would provide risk-averse investors an option to hold shares of multiple banks through a single financial instrument,” the official said. Also Read – World suffering ‘synchronized slowdown’, says new IMF chiefCurrently, there are two state-owned insurance companies — General Insurance Corp of India and New India Assurance Co Ltd — and 19 public sector banks that are listed on exchanges. Besides, financial institution IFCI is also listed on the exchanges. The government currently has two exchange-traded funds — CPSE ETF and Bharat-22 ETF — listed on domestic exchanges. ETFs function like a mutual fund scheme and have underlying assets of government-owned companies. The Finance Ministry has also started consultations with global investors for launching CPSE-scrip based ETF in overseas market. The official further said that the government does not intend to launch in the domestic market any new ETFs comprising stocks of public sector companies since in most of these companies government holding is nearing 51 per cent. Bharat-22 ETF, which was launched in 2017-18, has 16 central public sector enterprises covering six sectors, three public sector banks and three private sector companies where the government holds minority stake. CPSE-ETF comprises shares of 11 companies — ONGC, Coal India, Indian Oil Corp, Power Finance Corp, REC, Bharat Electronics, Oil India, NTPC, NBCC (India), NLC India and SJVN Ltd. The government has budgeted to collect Rs 90,000 crore through CPSE disinvestment in the current fiscal as against Rs 84,972 crore mopped up in 2018-19.
Mumbai: Veteran Bollywood actor Tanuja has undergone operation for diverticulitis and is doing fine, says a source from the hospital. Tanuja, 75, was admitted to city-based Lilavati Hospital on Wednesday. An insider said that she would remain hospitalised for “at least a week”. Diverticulitis, a condition which results in the inflammation or infection of small pouches called diverticula that develop along the walls of the intestines. The news of the actor’s hospitalisation came two days after Kajol’s father-in-law, action director Veeru Devgan’s death.
London: US President Donald Trump meets outgoing Prime Minister Theresa May on Tuesday for trade-centred talks during his state visit to Britain, with protesters set to gather outside the gates. After a glittering banquet thrown by Queen Elizabeth II on Monday, the second day of Trump’s trip turns from pomp and ceremony to politics and business. The president’s three-day visit — centred around Wednesday’s D-Day 75th-anniversary commemorations — comes at a tricky time for Britain, with May stepping down within weeks over her handling of Brexit. Also Read – ‘Hong Kong won’t rule out Chinese help over protests’ The UK-US “special relationship” has been under strain over different approaches to Iran, the use of Chinese technology in 5G networks, climate change, and Trump’s personal politics. May is due to step down as leader of the governing Conservative Party on Friday, her Brexit strategy having imploded after nearly three years in the job. Some 13 candidates so far are jostling to replace her as prime minister by late July. Trump has weighed in on Brexit, saying he would walk away from the European Union without a deal if he could not get a deal he liked. Also Read – Pak Army chief accompanies Imran at key meetings in China He has also said he would like to strike a quick trade agreement once Britain leaves the EU. “Big trade deal is possible once UK gets rid of the shackles,” he tweeted Monday. Trump and May are set to co-host a business breakfast meeting at St. James’s Palace with five top companies each from Britain and the United States. Chiefs from BAE Systems, GlaxoSmithKline, Barclays, Reckitt Benckiser, JP Morgan, Lockheed Martin and Goldman Sachs International are among those expected to attend. “It is a great partnership, but one I believe we can make greater still,” May was to say at the business round-table, according to her Downing Street office. “With a bilateral free trade agreement, with broader economic co-operation… there are opportunities to seize. “Through dialogue like this we can ensure that our economic partnership not only endures but continues to grow stronger for many years to come.” Britain’s Prince Andrew, finance minister Philip Hammond and international trade minister Liam Fox are set to take part, along with US Secretary of State Mike Pompeo and US Treasury Secretary Steven Mnuchin. May, Trump and their teams were then set to hold talks at Downing Street, followed by lunch together and press conference. The three-course lunch in 10 Downing Street’s state dining room will consist of Paignton harbour crab, followed by Lake District beef fillet and an Eton mess with peach for dessert. May will give Trump a copy of one of the most significant documents in the transatlantic “special relationship” — a framed copy of Winston Churchill’s personal draft of the 1941 Atlantic Charter, which defined the Allied goals post-World War II. Trump and May will also go on a private tour of the Churchill War Rooms, the bunkers from which Britain’s wartime prime minister ran his operations. Outside, thousands of leftwing anti-Trump protesters are due to rally in London’s Whitehall government district, headed by Labour opposition leader Jeremy Corbyn. The demonstration will rally round a giant inflatable balloon mocking Trump by depicting him as an orange baby. Corbyn, in his capacity as leader the opposition, was invited to Monday’s state banquet but boycotted the occasion, accusing Trump of “racist and misogynistic rhetoric”. He said the protest was “an opportunity to stand in solidarity with those he’s attacked in America, around the world and in our own country”. Corbyn is a late addition to a bill of left-wing lawmakers, trade unionists and protest regulars set to address the crowds. Trump’s day will be rounded off with a dinner at the US ambassador’s Winfield House residence.
New Delhi: Most Indians recognise that India’s global stature has risen in the last five years and this played a role in the NDA government retaining power for a second consecutive term, External Affairs Minister S Jaishankar said on Thursday.A “global rebalancing” is taking place and its “sharpest manifestation” is the rise of China and, to an extent, the rise of India as well, Jaishankar said during an interaction at a seminar. “A large majority of people in India recognised that India’s stature in the world has risen in the last five years,” the minister said, adding that the government has kept alive and perhaps even strengthened expectations of change in India. Also Read – Pak activated 20 terror camps & 20 launch pads along LoCThe government looks different from outside than from inside, Jaishankar, who served as foreign secretary from 2015-18, said without elaborating. In his first public event after becoming the external affairs minister, he also said the elections were a vote of confidence in the management of national security and foreign policy was integrated with it. In addition to this, a large part of India’s economy has been externalised and there is need for India’s foreign policy to help Indian companies gain better access to overseas markets. Also Read – Two squadrons which participated in Balakot airstrike awarded citationsJaishankar was addressing The Growth Net Summit 7.0, being organised by the Confederation of Indian Industry (CII) and Ananta Centre. The minister said he will continue with his predecessor Sushma Swaraj’s social media outreach to help Indians abroad. He said “enormous emphasis” will be given to Indians in distress and they now expect the government to reach out to them. This has changed the image of the foreign ministry, he added. The external affairs minister also called for greater integration between government departments to create a stronger focus on the economic issues being faced by Indian companies, especially in overseas markets. While highlighting India’s relationship with its immediate neighbourhood, Jaishankar said the priority has been to focus on the regional grouping BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) rather than SAARC (South Asian Association of Regional Cooperation). BIMSTEC, he said, is witnessing a great deal of positive energy. It was decided to leverage that and invite the leaders of BIMSTEC nations to the swearing-in ceremony of Prime Minister Modi last month, he added. According to the minister, changes the world is witnessing are very sharp and globalisation is under stress, especially in terms of market access and mobility of labour. Second is the growth of nationalism, which he said is being validated electorally across the globe, and the third is the global rebalancing taking place, especially with the rise of China. He said some of the changes are contradictory in nature. For example, some nations are increasing tariffs while others are focused on improving connectivity. In addition, there has been a rise in bilateral FTAs (free trade agreements) in light of the fact that the World Trade Organization (WTO) system is not working. He was of the view that India needed to find ways to fix architecture such as the WTO and make it more effective. “We can build a closer region through regional connectivity projects,” Jaishankar added. “If we want to propel economic growth, then there is greater responsibility for Indian foreign policy to focus on external aspect of it,” the minister said. There is big responsibility on the External Affairs Ministry to focus on project execution which has strategic significance, he added.
OTTAWA — Prime Minister Justin Trudeau says today’s federal Liberal party wouldn’t accept political donations like those that got SNC-Lavalin in trouble in the late 2000s.Trudeau says the party has improved its standards and, in his words, “that is not what happens any more.”The Quebec-based engineering firm reached a “compliance agreement” with Canada’s elections commissioner in 2016, admitting that executives who’d left the company by then had convinced employees to give money to both the Liberal and Conservative parties.The agreement was public at the time but a CBC report today reveals the names of the SNC-Lavalin employees the elections commissioner believed were involved.Reimbursing the donors with company bonuses was a way around an election law that forbids corporations to make political donations.The Liberals got nearly $118,000 under the scheme, compared with the Tories’ $8,000.SNC-Lavalin CEO Neil Bruce said in 2016 that the agreement with the elections commissioner was evidence that the company had turned over a new leaf.So has the Liberal party, Trudeau said Tuesday before the government’s weekly cabinet meeting.“When we came to power and when I became leader of the Liberal party, we made significant changes to the fundraising regime, we have moved forward on transparency and openness, and that is not what happens any more.”The donations covered by the compliance agreement were made between 2004 and 2011; Trudeau became Liberal leader in 2013.The Liberals’ relationship with SNC-Lavalin has dogged Trudeau for months. Former justice minister and attorney general Jody Wilson-Raybould has said Trudeau and his staff pressured her improperly to arrange a deal much like a compliance agreement, to help the company avoid a criminal prosecution related to its allegedly corrupt practices in Libya.Trudeau has denied any impropriety, putting the whole thing down to miscommunications and misunderstandings. Nevertheless, it’s led to the departures of Wilson-Raybould and fellow minister Jane Philpott from cabinet and the Liberal caucus, the resignation of Trudeau’s principal secretary Gerald Butts, and the early retirement of Michael Wernick, formerly Canada’s top civil servant.The Canadian Press
QUEBEC — Within Quebec Premier Francois Legault’s Coalition Avenir Quebec caucus, the most prestigious and best-paid jobs most often go to men.Of 75 legislature members, 65 of them — 42 men and 23 women — have extra functions that earn them a boost in pay.While the pay scale varies according to the functions fulfilled, there are more men than women at every level of extra pay, according to an analysis of the legislature members’ salaries carried out by The Canadian Press.At a time when all politicians tout gender parity and pay equality, the size of a politician’s wallet remains a good measure of progress. And in Legault’s party, legislature members who wear suits and ties are more likely to outearn their female counterparts.In 2019, women make up 44 per cent of the legislature members who income reaches $167,482, 33 per cent of those at the $129,000 level, 25 per cent of those making $119,630 and 30 per cent of those whose salaries reach $114,845.The most prestigious and well-paid parliamentary roles (president of the National Assembly, caucus president, chief whip, parliamentary leader) are all served by men.Women serve some lesser roles, including assistant to the whip or assistant to the president, with a lower pay to match.Others can hope for a parliamentary appointment, which is often seen as a consolation prize for those not tapped to be part of cabinet.The only level of the pay scale dominated by women is the lowest one, reserved for legislature members making a base salary, which currently sits at $95,704.Among the Coalition Avenir Quebec’s team, 20 per cent of women weren’t offered a special role, compared to eight per cent of men.Legault’s cabinet is currently made up of 14 men and 12 women. When the caucus president, chief whip and premier are counted, women make up 41 per cent.Legault sits at the top of the pay scale, with a salary of nearly $200,000 per year.Fifteen men and 12 women are included in the second tier of the pay scale, whose revenue is boosted to $167,482 and includes cabinet ministers and the president of the national assembly.The position of parliamentary assistant, a function that allows an elected official to assist a minister, is often considered a gateway to cabinet. There are four times as many men as women in this category, at 16 compared to four.The politician who has had the biggest pay cut since the election is MarieChantal Chasse, who went from environment minister to a simple committee chair, and consequently saw her pay decline from $167,482 to $119,630.Her successor, Benoit Charette, made the exact same journey in reverse, boosting his salary by $47,852 in the process.Jocelyne Richer, The Canadian Press
VICTORIA – The British Columbia government has launched a two-phase review of BC Hydro in an effort to find cost savings and direction for the Crown utility.The first part of the review is expected to examine ways to save money within Hydro, create new revenue streams in an effort to keep rates low and give the corporation the resources it needs to provide electricity.An advisory group that includes staff from government ministries and BC Hydro will conduct the first review.The government says in a news release that it expects recommendations from the first phase of the review to be complete by this fall.It says the second phase of the review will build on new strategies from the first phase and include ways to ensure Hydro can maximize opportunities around the shift in global energy sectors.The expert panel conducting the second phase would aim to deliver its recommendation to the government by the summer or fall of next year.
Taroudante- Spain’s parliament gave final approval on Thursday to a law granting the right of citizenship to descendants of Sephardic Jews expelled from the country in 1492.To erase “years of crimes” against Sephardic Jews, who were forced to convert or be banished from the country five centuries ago, the Spanish government passed an act allowing Sephardic Jews to apply, during a three-year period beginning in October, for Spanish nationality without renouncing their current citizenship of origin.To be eligible, applicants are required to demonstrate basic knowledge of the Spanish language and pass a test about Spanish culture and current events. Spain follows the steps of the Portuguese government, which approved a similar citizenship law three months ago, seeking to redress what the government called “a historic mistake.”“This law says much about who we were in the past and who we are today and what we want to be in the future—an open, diverse and tolerant Spain,” Justice Minister Rafael Catalá told lawmakers Thursday before the vote.“We are happy to live this historic moment,” David Hatchwell Altaras, the president of the Jewish community of Madrid and vice president of the Federation of Jewish Communities in Spain (FCJE), told The Jerusalem Post.He added, “While the law is not perfect, it is a great gesture and it is a step in the right direction for a better and deeper relationship between Spain and its Jews. It shows what the new Spain is all about.”Since the “Law of Return”, was approved by the cabinet in February 2014, Muslim groups and associations called on the Spanish government to grant the same privilege for the descendants of Muslims who were expelled from Spain between 1609 and 1614.According to historians, between 300,000 and 500,000 Spanish Muslims were expelled from their native country at the time. Most of them settled in Morocco, Tunisia, Algeria and Turkey.Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributed without permission
The secretary to the Judicial Services Commission Manjula Tillakaratne was assaulted by an unidentified gang in Mount Lavinia this morning, police spokesman SSP Ajith Rohana said.He said that Tillakaratne was admitted to hospital following the assault and was not in a serious condition. “Four people had carried out the assault. Police investigations have been launched but so far there has not been any arrest,” the police spokesman told the Colombo Gazette. The government information department, in a statement, meanwhile condemned the incident and said that President Mahinda Rajapaksa has ordered the police chief to launch a thorough investigation into the attack.The Bar Association of Sri Lanka (BASL) convened an urgent meeting this evening to discuss the incident.Recently the JSC secretary had said that there was a threat to his life and others in the judiciary after the JSC released a statement alleging interference in the judicial system. The police said that one person had a small pistol in his hand and the mobile telephone of the JSC secretary was also stolen.Tillakaratne, who usually has security officers with him, did not have security guards around him at the time of the attack down Hotel road in Mount Lavinia. Tillakaratne had gone to ST. Thomas Mount Lavinia to drop his child and wife to attend a function wand was reading the newspaper in his car parked along Hotel road when he was assaulted. The Lawyers Association attached to the Colombo Chief Magistrate’s Court had also recently staged a protest at Hulftsdorp over a mudslinging campaign against the JSC secretary.
While black African rebels in western Sudan appear to have violated human rights in their quest for development, the Government of Sudan and its Arab proxy militia have responded with a “reign of terror” of massive human rights violations which “may constitute war crimes and/or crimes against humanity,” according to a new United Nations report released today.The Acting UN High Commissioner for Human Rights, Bertrand Ramcharan, briefed the Security Council behind closed doors on the report, which was based on the work of a fact-finding team he sent last month to settlements in eastern Chad housing about 110,000 Sudanese refugees and then into strife-torn Darfur in western Sudan.The report says the Government of Sudan should “unequivocally condemn all actions and crimes committed by the Janjaweed [militia] and ensure that all militias are immediately disarmed and disbanded.” In addition, Khartoum should pursue a policy of reconciliation for Darfur, end impunity, promote the rule of non-discriminatory law and actively promote development programmes there.The mission had no access to the rebels, but saw areas that the rebels had attacked and met two children who said they had been recruited as soldiers, the report says.Many senior officials acknowledged that in an effort to fight rebel guerrillas with their own guerrillas, the Government had recruited, armed, supported and sponsored a loose collection of fighters of apparent Arab background now known as the Janjaweed, or sometimes the Fursan or the Peshmerga.At a location for some of the estimated 1 million internally displaced persons (IDPs), the mission met men in military uniforms on horseback who referred to themselves as Fursan.”The Fursan said they were all Arabs and that they had been armed and paid by the government. They said they acted upon Government instructions,” the report says.A ceasefire launched on 11 April has been holding, with some incidents, but “according to information collected, it is clear that there is a reign of terror in Darfur,” it says.Elements of this terror include “repeated attacks on civilians by the Government of Sudan military and its proxy militia forces, the use of indiscriminate aerial bombardments and ground attacks on unarmed civilians; and the use of disproportionate force by the Government of Sudan and Janjaweed forces,” the report says.The report says the Darfur rebel groups, the Sudan Liberation Army (SLA) and later the Justice and Equality Movement (JEM), both formed from among the black African Fur, Zaghawa and Masaalit peoples, initiated the conflict with similar demands – “for the Khartoum authorities to address the marginalization and underdevelopment of the region.””It is the manner of response to this rebellion by the Government of Sudan which has led to the current crisis in Darfur,” the report says.”Following a string of SLA victories in the first months of 2003…what appears to have been an ethnically-based rebellion has been met with an ethnically-based response, building in large part on long-standing, but largely hitherto contained, tribal rivalries,” the report says.The Sudanese military and Janjaweed militia attacks on Sudan’s Fur, Zaghawa and Masaalit civilians include killing, rape, pillage, including of livestock, and destruction of property, including water sources; and there has been massive, often forced, displacement, the report says.
A series of pictures – or a carousel,… Never before has an Instagram caption been so loaded. On Tuesday afternoon, the Kensington Palace account posted this seemingly innocuous announcement: “Welcome to Instagram, @SussexRoyal! Follow @SussexRoyal for more on the work of The Duke and Duchess of Sussex. Follow @KensingtonRoyal for more on the work of The Duke and Duchess of Cambridge.” And lo, the division of the households of Sussex and Cambridge was complete. We knew they would no longer share a team of advisers, aides and press officers. But a split of their Instagram accounts sealed the deal. @SussexRoyal entered the social media stratosphere with a post which was, frankly, peak Harry and Meghan.
ASX-listed Civmec has announced the award of a contract from Albemarle for the delivery of a new lithium hydroxide plant to be built in Western Australia.Albemarle’s new hydroxide production plant will be in the Kemerton Strategic Industrial Area, around 160 km south of Perth, near the port town of Bunbury. It will initially comprise of three production trains, each producing 20,000 t/y of hydroxide, with a potential further expansion to five trains and ultimate site production of 100,000 t/y by around 2025. Albemarle began earthworks earlier this year.Civmec’s scope of work includes structural, mechanical and piping for the hydromet and final product, reagents and utilities for Trains 1, 2 and 3.The company’s Henderson facility will be used to fabricate and pre-assemble selected components for the on-site plant erection, with fabrication commencing immediately. Site works, meanwhile, are expected from mid-2019 to March 2021.At the peak of construction, there is expected to be some 300 personnel involved in the delivery of the current defined scope, providing significant opportunity for skilled people residing in the region, Civmec said.Civmec’s CEO, Patrick Tallon, said: “We are delighted to have been selected by Albemarle as a significant construction partner for this exciting project. This two-year project is ideally suited to our operations, fabricating, modularising and site erecting steel work for this key Western Australian development.“This project reflects the growing confidence in the Western Australia resource industry, highlighting a bright future for the coming years.”The contract award takes the Civmec’s current order book to approximately A$758.5 million ($543 million), it said.
For the second season in a row, a handball discussion took place on the day prior to the start of the SEHA – Gazprom League Final 4 tournament again, the event served as a perfect overture for what is still ahead in Skopje on Friday and Sunday and what will probably be four of the most interesting matches of league’s seventh season.The discussion featured Bozidar Djurkovic (SRB), Vice President of the SEHA – Gazprom League and Chairman of the EHF Competition Commission, Boris Sapozhnikov (BLR), Vice President of the SEHA – Gazprom League and Gazprom representative, Sinisa Ostoic (CRO), Managing Director of the SEHA – Gazprom League, Igor Anic, player of Celje PL, David Davis, former Spanish international and current assistant coach of SEHA – Gazprom League and Champions League winners Vardar as well as Zika Bogdanovic (SRB), founder and chief editor of the portal balkan-handball.com.The main topic of the discussion was future of handball in the region as well as what SEHA – Gazprom League really brings to the table for both teams and national federations on club as well as international level.If you miss it, take a look on… ← Previous Story Groups decided on the road to EHF EURO 2020 Next Story → SEHA Gazprom Final4 in Skopje – Balkan Classico and “Meshkov “underdogs” against champions seha gazprom league
Saumon : la Norvège reconnaît que son poisson est dangereux pour la santéLe gouvernement norvégien vient d’admettre que le saumon d’élevage norvégien pouvait se révéler dangereux pour la santé, en particulier pour les enfants, les adolescents et les femmes enceintes. Après plusieurs années de polémiques et une alerte lancée par le journal norvégien “VG”, les autorités sanitaires norvégiennes se sont vues contraintes d’admettre que leur saumon d’élevage est dangereux pour la santé. Elles ont même conseillé” à la population de réduire voire dans certains cas de proscrire sa consommation, en particulier chez les personnes sensibles.En effet, même soumis à des normes d’élevage très strictes, le saumon est en contact avec des produits chimiques qui présentent un risque pour la santé. Anne-Lise Bjorke Monsen, du laboratoire de biochimie clinique de Bergen, explique : “les polluants retrouvés dans le saumon d’élevage ont une mauvaise influence sur le développement du cerveau, et sont associés à l’autisme, à l’hyperactivité et à la baisse de QI”. Un danger pour les enfants et les femmes enceintesC’est notamment le diflubenzuron, un insecticide considéré comme “hautement toxique pour les organismes aquatiques” par l’Autorité européenne de sécurité alimentaire, qui est retrouvé chez le saumon d’élevage. Or, “cette substance ne dispose pas d’autorisation de mise sur le marché communautaire ou française en tant que médicament vétérinaire”, écrivait à son homologue norvégienne, en 2010 déjà, le ministre français de l’Agriculture de l’époque, Bruno Le Maire.À lire aussiPourquoi certains s’évanouissent-ils à la vue du sang ? Plus inquiétant encore : d’après Anne-Lise Bjorke Monsen, “on sait aussi que [les polluants] peuvent avoir un effet négatif sur les défenses immunitaires, le système hormonal et le métabolisme. Ils se transmettent aussi par allaitement”. Les personnes les plus sensibles à ces polluants seraient donc les jeunes enfants, les adolescents et les femmes enceintes, pour qui la consommation de poisson d’élevage norvégien est désormais fortement déconseillée.60% de la production mondiale Citée par Marie Claire, la scientifique rappelle ainsi que “si l’on a besoin d’oméga-3 provenant du poisson, le maquereau et le hareng sont très bien”. Malgré les alertes passées, le gouvernement norvégien a donc mis plusieurs années à admettre le risque que son saumon présente. Un retard peu étonnant quand on sait la manne économique que représente le poisson pour le pays. En effet, en 2012, la Norvège a fourni 60% de la production mondiale en saumon qui rapporte chaque année plus de 20 milliards d’euros au pays.En France, 80% du saumon consommé est d’origine norvégienne et les habitants de l’Hexagone en consomment 2,3 kg par personne et par an. Pourtant, depuis 2006, la Russie a cessé d’importer du saumon d’élevage norvégien, par mesure de précaution.Le 21 juin 2013 à 12:06 • Maxime Lambert
Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, May 4th 2017, Nassau: Could the Former Prime Minister and Leader of the FNM, Hubert Ingraham’s return to the stage be the secret to the FNM possibly winning the 2017 polls? Since his appearance on the FNM platform, the former prime minister has left no rock unturned in his path, calling out a number of critical issues, the Bahamian people wish to see answered.Wednesday night was no different, as thousands turned up in Nassau to hear the Former Prime Minister speak, transforming the Q.E. Sports Centre into a sea of red. One would assume the man fondly called Papa, appearance on the FNM stage, meant he had returned to the leadership of the party. The former PM says the PLP ‘s actions have given the nation enough reason to be concerned, from the increase in unemployment to the current regime’s handling of the nation’s public purse and increase in taxes.Crowd in Nassau for FNM rally Wednesday nightIn response to the call to provide evidence over his claims of $860,700 gone missing from the Ministry of Finance, the former PM says the ministry already has all the information needed. He went on to list a number of reasons the country’s debt has increased, describing the “country’s cash position as precarious, spending more money than they are taking in.”Ingraham says the ‘time had come for the PLP to account for its failed promises, from VAT, to Baha Mar, to Mortgage relief to the National Health insurance promised in the first year in office’.The former Prime Minister told them to listen out for him come Friday night in Grand Bahama as he has more to expose. #MagneticMediaNews#isHubertIngrahamStillLeaderOfFNM#BahamasGeneralElections2017 Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:
After 85 years of exclusive availability to the New York State Society of CPA’s, The CPA Journal — the Society’s monthly publication — has decided to open things up to the public with the launch of a revamped CPAJournal.com. “I wanted to set my own direction,” Kravitz continues. “I gave Joanne a plan of what I wanted to do and she was open to it, which was wonderful.” Should the website be reserved for members only, and promoted as a benefit of joining the association? Should it be open-access, positioned to bring in new readers and convert them to membership? Should it serve as an advocate for the industry- or profession-at-large, informing the general public in a way that dovetails with the association’s mission? “It’s not because of an advertising perspective, but because those are the next generation of accounting professionals. Those are the people who I want to inspire to become one of us. We don’t have pencils in our pockets anymore. It’s a different world.” “The Journal is still considered the number-one member benefit of the State Society,” Kravitz adds, “but I think we’re strong enough to accept that if [the content] is given away for free, that it won’t hurt us. Also, there’s a reputational capital gain as a result.” Therein lies a major benefit of opening things up. Kravitz is specifically targeting what he calls the 18 – 34 demo over concerns that young people aren’t flocking to the accounting profession in the numbers they once were. To that end — in addition to infusing the traditionally New York-centric publication with a more national focus — Kravitz aims to highlight inspiring figures from the world of accounting. Members of the New York-based Society still receive the print magazine as a members-only perk, most of which does not end up being published online, but a suite of new content initiatives — including ten new columns from figures Kravitz describes as “national leaders on specific topics” — are now available online each month to anyone who wishes to access them. According to Rick Kravitz, who’s served as editor-in-chief of the Journal since his arrival three years ago, it’s simply a logical move. “CPA’s are the most trusted business professionals, and their responsibility is to the public,” Kravitz tells Folio:. “So it’s a natural extension that we should make the publication available to the public. If you look at the June issue, it won’t bore you to death. It’s about drones and robots and artificial intelligence and deep learning. It’s stuff that I think the public, and especially the business public, will find tremendously interesting.” It’s all part of an effort to liven up the content and make it relevant to CPA’s and non-accountants alike — something Kravitz views as a reflection of the modern profession. “Ninety-three million Americans own stock in American companies through their 401K’s, but not one of them votes for the CEO, for the board of directors, for their stock compensation,” he says. “Absent a CPA who says, ‘Wait a minute, guys. Your numbers are fake,’ no amount of regulation is ultimately going to protect the public.” One such content initiative is a new video series called “Voices of the Profession,” consisting of interviews with leaders in the field and reflections on what the accounting profession means to them. In a similar vein, a February narrative, “It’s Amazing What CPA’s Can Do,” told the story of MiaoLing Lin, who went from farmer’s daughter in a rural Taiwanese village to partner at New York City’s Koch Group & Co. To gate or not to gate? That is the age-old question — especially for publishers within membership associations — when it comes to positioning digital content. “When I came on board, 80 percent of our articles were written by academics,” Kravitz continues. “Today, I reject probably 80 to 90 percent of them. It’s just not meaningful anymore. We still accept some, but they have to be the best.” Another change, says Kravitz, has meant aggressively soliciting articles where, previously, submissions sufficed. Kravitz credits mentors, like accounting icon Sidney Kess, both with contributing his own perspectives to the Journal and identifying other new and dynamic writers. Additionally, a new partnership with Thomson Reuters stocks regular email newsletters with the latest headlines. When all is said and done, Kravitz says he hopes to bring new awareness to the public about the vital role CPA’s play and how the profession affects everyone. As with any decision to open up what was formerly gated, the shift runs the risk of undermining the Society’s efforts to attract new members, but Kravitz credits the Society’s executive director, Joanne Barry, with giving him the freedom to take such a dramatic step.
Two steps that could better position Joint Base McGuire-Dix-Lakehurst in a future BRAC round include conducting a study of the installation’s airspace and building a highway overpass to improve access between two sections of the base, according to a report prepared for the state of New Jersey.The 168-page report from D.C.-based Cassidy & Associates was part of the government relations firm’s contract with the state to provide recommendations to preserve and enhance its military installations.The airspace study would aim to demonstrate the joint base had a sufficient amount of unencroached airspace to accommodate the KC-46A, the Air Force’s next-generation refueling tanker, reported the Burlington County Times. The installation is one of 11 the Air Force is considering as a candidate to host the tankers.The report recommended the state “make the strongest possible substantive case in support of the merits of the installation.”Constructing either an overpass or underpass across Route 539 linking the Dix ranges and road network with the western side of the Lakehurst training area would improve traffic safety by keeping large military vehicles off Route 539 and also would expand the training space on the base, the report said.It recommended state and county officials work with base officials to identify a strategy to finance the project.The report overall recommended the use of local funds to upgrade the infrastructure at installations, a strategy a handful of states already have adopted. States also should cultivate shared services partnerships between installations and neighboring communities to enhance mission value and increase efficiency at installations.“In an era of constrained budgets, the use of partnerships to reduce costs and expand capabilities is essential,” the report stated. Dan Cohen AUTHOR
Art lovers can head on to Delhi Art Gallery as it brings you the exhibition Indian Abstracts: An Absence of Form that charts the development of abstraction in modern Indian art. The show displays about 350 works by over 60 artists. The exhibition features works of prominent and significant Indian abstractionists like – VS Gaitonde, SH Raza, Ram Kumar, Nasreen Mohammedi, Zarina Hashmi, Jeram Patel, Shanti Dave, Ganesh Haloi, Krishna Reddy, J Swaminathan and V Vishwanadhan. Also Read – ‘Playing Jojo was emotionally exhausting’The exhibition brings together work spanning a vast range of styles that have evolved in modern Indian art. Indian abstract artists drew on a range of influences in their work – Western abstract art, in particular the works of artists such as Klee, Rothko, Pollock or Calder, East-Asian influences, and significantly, a range of traditional, tribal, folk and tantric art – for their techniques, themes and approaches. Additionally, it also brings together lesser-known abstract works of artists that are known for their fidelity to figurative or representative art – these feature artists such as MF Husain, Somnath Hore, Dharamnarayan Dasgupta, Benode Behari Mukherjee, Sunil Das and Rabin Mondal – their abstract works are a delight to behold and add significantly to our understanding of Indian modernism’s journey.An over 400-page, substantial volume of art scholarship has accompany this significant exhibition, featuring colour plates of artworks and scholarship by leading art historians examining the journey of the abstract in Indian art.When: On till 30 SeptemberWhere: Delhi Art Gallery, 11 Hauz Khas Village
Michael Jackson is a divisive figure — on the one hand he is arguably the most influential musician of the 20th century, on the other hand, his behavior in later life became synonymous with lavish eccentricity. By the age of 50, he had amassed a vast fortune which allowed him to indulge every whim, no matter how strange it seemed to the outside world.This behavior became fodder for the tabloid press who gave him the nickname “Wacko Jacko.”Jackson in Las Vegas, 2003 Photo by Keir Whitaker CC By 2.0It’s not clear who started the nickname but even in the 1980s, there were whispers in the tabloids that Michael was sleeping in an oxygen tank to maintain his youthful looks.However, as reported by the Sydney Morning Herald, this wasn’t exactly true, “a 1986 tale about him sleeping in an oxygen coffin and another story about him seeking to buy the bones of The Elephant Man were both fictions fed by Jackson to a hungry media.” He did, however, own a £22,000 gold-plated Egyptian sarcophagus.Michael Jackson’s star on the Hollywood Walk of Fame.By 1987, Jackson had purchased his famous Neverland Ranch and over the next decade he would create his very own theme park with rides, a video arcade, and a zoo.His spending went on unabated. The cost of running Neverland was said to be £160,000 a month and he showered his friends with expensive gifts, such as a $1 million necklace for Elizabeth Taylor.He loved exotic animals and famously had a chimp called Bubbles and a giraffe called Jabbar.Jackson at the White House being presented with an award by President Ronald Reagan and First Lady Nancy Reagan, 1984.The Wacko Jacko moniker went into overdrive when Jackson started to drastically alter his appearance.According to Jackson, he suffered from a rare skin condition called vitiligo which caused his skin to lose pigmentation.While there is medical evidence supporting this claim, it is also true that he used skin bleaching techniques to maintain an even coloration leading to a lightening of the skin.Jackson performing in 1988. Photo by Gaston S/Kpo! 09 CC BY-SA 3.0Around the same time, Jackson started to undergo plastic surgery which he claimed was to help him breathe. Looking at photos of Jackson show evidence of work done not only to his nose but also to his cheeks, lips and chin.In 2009 in a TV interview when asked about his surgeries, Jackson said “That’s stupid. Come on, none of it’s true, none of it’s true. They lie, the tabloids. No one gives me credit for anything . . . Don’t believe that stupidity, don’t waste your money on it, you’re buying something that’s not true, it’s garbage.”Jackson performing in June 1988. Photo by Zoran Veselinovic CC-BY-SAFrom 1993, Jackson became embroiled in a scandal that would follow him for the rest of his life. Jackson has always denied any wrongdoing and claims his sleepovers were never of a sexual nature — he is quoted in the Daily Mail as saying “We’re going to sleep, I tuck them in and I put a little music on and when it’s story time I read a book. I give them hot milk, you know, we have cookies. It’s very charming, very sweet.”Around 1994, Jackson hit the headlines again with his ill-fated marriage to Lisa-Marie Presley which lasted less than two years. After this he married nurse Debbie Rowe, who he had two children with.Jackson at the 1997 Cannes Film Festival for the Ghosts music video premiere. Photo by Georges Biard CC BY-SA 3.0Jackson would add another child to his brood with an anonymous surrogate. He took full custody of all three children and made sure that they were kept out of the public eye, wearing something to cover their faces whenever they were outside Neverland.For a celebrity such as Michael Jackson, this need for privacy can be understood but this decision was met with critical scrutiny from the press.There was also the unfortunate moment where he dangled his third child from a balcony, something he later said he regretted but was used at the time to show a lack of parenting skills.Read another story from us: Michael Jackson and Paul McCartney’s Feud Over Beatles Song RightsMichael Jackson passed away on June 25, 2009 and will be remembered both for his far-reaching effect on music and culture and for his extravagant lifestyle.
Latest Intel Graphics driver supports automatic game optimization by Martin Brinkmann on February 14, 2018 in Hardware – Last Update: February 26, 2018 – 10 commentsIntel’s latest graphics driver for Windows supports the automatic configuration of game settings to improve the gaming experience on machines with integrated Intel graphics adapters.The new feature is available as a beta version right now with limited game support. You do need the Intel Graphics Driver for Windows version 22.214.171.12444 or later, and also supported hardware.The automated configuration of games is supported on Intel Graphics on 6th generation Core processors or higher including Intel Core processors with Radeon RX Vega M graphics.Intel is introducing a new feature with the ability to automatically configure game settings for Intel Graphics on 6th Gen Core Processors or higher (including systems with 8th Gen Core Processors with Radeon RX Vega M Graphics). Look for the ‘Gaming icon’ in the Graphics Control Panel. This feature is still in beta so game availability and functionality is limited.Intel HD Graphics GamingYou find the new “gaming” option when you open the Intel Graphics Settings after installation of the latest driver. You can do so with a right-click on the desktop and the selection of Intel Graphics Settings from the context menu.You receive a prompt the first time you click on “gaming”. Intel explains that the feature will “access the game configuration file and make modifications to the original game settings” when you enable the functionality.The list of support games includes classics as well as some of the latest smash hits. To name a few: Dota 2, Destiny 2, Dark Souls III, Overwatch, World of Tanks, or League of Legends, Call of Duty WWII, Grand Theft Auto V.Gaming lists detected games and options to optimize them. Selecting optimize modifies settings for the best game experience on the machine. There is also a restore option to restore the default settings and another option to view the current settings.I tried to get Gaming to work on a PC with an Intel Core i7-6700K processor but could not. While Gaming was an option after installation of the latest graphics driver, no game was listed even though I installed Dota 2 from Steam to test the functionality. A reboot did not resolve this either unfortunately.Update: Intel contacted me about the issue. A company representative stated that games are detected directly after installation of the new driver and then in 24-hour intervals. This explains why Dota 2 was not listed because I installed the game after I ran the driver update. I can confirm that the game is listed now by the application. Intel plans to address this issue in the future.Gaming is listed as a beta feature; I guess issues like the one experienced on the test system are to be expected.Intel notes that the new driver includes other improvements:Enhanced performance of graphics workloads for 6th Gen Core processors or higher with intelligent power management under maximum load.Improved performance in video encoding for all codecs.Power saving optimizations during video playback and UHD gaming is now available on all 7th Gen Core processors and higher.Closing WordsWhile I prefer to adjust game settings manually as my preferences may not always align with those applied by automated systems, from Nvidia for instance, I can see this as a powerful option for gamers who need assistance when it comes to configuring games for the best gaming experience.Now You: Do you play games on your PC? Do you tweak them for optimal performance?SummaryArticle NameLatest Intel Graphics driver supports automatic game optimizationDescriptionIntel’s latest graphics driver for Windows supports the automatic configuration of game settings to improve the gaming experience on machines with integrated Intel graphics adapters.Author Martin BrinkmannPublisher Ghacks Technology NewsLogo Advertisement