FacebookTwitterLinkedInEmailPrint分享United News of Bangladesh:The government on Thursday signed a $185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and cleaner air.The Scaling-up Renewable Energy Project will focus on utility scale solar photovoltaic (PV) and rooftop PV to expand new markets in renewable energy generation it the country. The project will establish the country’s first large-scale 50 MW grid-tied solar PV generation plant in Feni district, implemented by the Electricity Generation Company of Bangladesh (EGCB),said a press release.To fill the gap in the long-term domestic financing market for renewable energy, the project will also support the Infrastructure Development Corporation Limited (IDCOL) to manage a Renewable Energy Financing Facility for both rooftop and utility scale solar PV. It will also help Sustainable and Renewable Energy Development Authority (SREDA) identify sites for large-scale projects and promote new net metering policy for rooftop PV.“Since the last decade, the World Bank has helped Bangladesh increase access to electricity in rural areas through renewable energy. Today, Bangladesh has one of the world’s largest domestic solar power program that serves about one-tenth of the country’s population,” said Dandan Chen, Acting Country Director for Bangladesh and Bhutan. “Now, we are going one step further to help Bangladesh expand renewable energy generation on a larger scale. With strong collaboration between the public and private sector, we hope the project will help meet the growing energy demands of the population.”The project will help unlock private investment and will aim to raise up to $212 million in financing from the private sector, commercial banks, and other sources.More: Govt, WB ink $185 million financing deal for renewable energy generation Bangladesh, World Bank sign financing deal to develop 310MW of renewable energy generation
4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jeremy Smith As Director of Client Partnerships, Jeremy provides regulatory compliance guidance and training on current laws and regulations to credit union professionals. Before coming to PolicyWorks, Jeremy worked in regulatory compliance … Web: www.policyworksllc.com Details What do you do when there’s a lull in action? You get back to the basics. That’s precisely what it appears the NCUA is recommending credit unions do with the welcome break in the rollout of new regulations.Taken as a group, the NCUA’s 2020 supervisory priorities emphasize policies and procedures that have been in existence (or should have been) for many years. Now is the time, regulators seem to be suggesting, to turn our attention to the core of compliance and ensure the proper controls are in place and working.While it may sound basic, reevaluating foundational policies and procedures is really important work and a worthwhile endeavor. It’s not hard to imagine some of the more elemental controls being neglected during the chaos of past years’ active regulatory landscape. What’s more, credit unions are quickly evolving to meet the changing demands of a digital consumer. Along with that evolution has come the addition of new products, channels and experiences, each of which must adhere to established regulations. Rules can easily be overlooked in the race to transform.As your credit union charts its course for compliance this year, it will be smart to follow the NCUA’s published guidance by reassessing the basics. Here are a few simple, tactical approaches you might consider including in your 2020 core compliance revaluation plan:BSA / AML: Check in on your SAR filing policy, procedure, and importantly, training. Does your frontline team have a good understanding of when and how to file a SAR? This is elemental, but important, especially in this era of heightened threat to credit union’s cybersecurity. Any attempt to seek unauthorized access to electronic systems, services, resources or information to conduct unauthorized transactions should trigger a SAR filing.Consumer Financial Protection: New this year, the NCUA addressed six specific consumer protection regulations they expect credit unions to review thoroughly. Because examiners are making a greater effort to commend credit unions that are actively monitoring their compliance, it may make sense to invest in a tool to help document your efforts to stay on top of compliance – in the six areas NCUA called out – and beyond.Credit Risk: Examiners will place an emphasis on the review of a credit union’s loan underwriting standards and procedures. Now is a great time to review your underwriting standards to ensure they are up to snuff. You may want to make sure you are making decisions about the member’s ability to repay, and not relying too heavily on the value of collateral.Current Expected Credit Losses: There is still time, thanks to the Financial Accounting Standards Board’s extension, to implement the new CECL standard. However, examiners may want to see a written plan for that implantation. If such a document is not in existence, it may be a good idea to get together with leadership and hammer that out on paper.Cybersecurity: The NCUA has tailored its cybersecurity exam tool for smaller credit unions, which means examiners are likely ready to put it into practice. To ensure you’re ready for a cybersecurity assessment, Consider completing a self-assessment before the examiners arrive. The NCUA has provided numerous tools to help get you started.LIBOR Cessation Planning: Because the LIBOR reference rate is on its way out, credit unions that offer LIBOR-based products may be facing sizable disruption and risk over the next two years. It will be important to scope out the impact of this change. Examiners will assess how prepared you are to deal with it. After developing the scope, put together a game plan for how you will mitigate your risk as you transition to a new method of rate setting.Liquidity Risk: A series of macro trends, not the least of which is increased competition for deposits, is increasing examiner attention to a credit union’s liquidity. Get ahead of the game by performing a self-assessment prior to your exam. The NCUA examiner’s guide can prepare you for what they will be looking at when it comes time.Following several action-packed years of major changes, credit unions are free – at least for the moment – to focus their energy on the fundamentals of regulatory compliance. As you put in the time to recheck core controls, be sure to document everything you find, even the slip ups and missteps. As long as you are also documenting your plan to repair the error, you’ll be in good shape. Examiners seem to be increasingly interested in conducting assessments as part of a learning process – on both sides of the table. Things are changing rapidly in financial services, and examiners appear to appreciate learning just as much as they do teaching.
General Motors CEO Mary Barra speaks to the news media June 12, 2018 in Detroit, Michigan.Bill Pugliano | Getty Images Cox Automotive estimated the U.S. sales pace at 15.3 million in the third quarter, which should allow GM to outperform those projections.GM reported an adjusted pretax profit of $3 billion, or $1.72 earnings per share, in the third quarter of 2019. Revenue was $35.47 billion.Both Ford Motor and Fiat Chrysler beat Wall Street’s expectations on better-than-expected demand for trucks and SUVs in North America. Those are segments GM has substantial market shares of as well.- Advertisement – General Motors is set to report its third-quarter earnings before the bell on Thursday. Here’s what Wall Street is expecting, based on average analysts’ estimates compiled by Refinitive.Adjusted EPS: $1.38Revenue: $35.51 billionFormer CFO Dhivya Suryadevara told investors in July that the automaker expected the third quarter to be “slightly stronger” than the fourth quarter. She unexpectedly left GM for digital payments company Stripe in August. Suryadevara said if the monthly sales pace during the second half of the year was 14 million, investors should expect a pretax profit of $4 billion to $5 billion through the fourth quarter. In that scenario, GM expected to generate free cash flow of $7 billion to $9 billion. Suryadevara declined to release official guidance at the time, citing fluidity due to the coronavirus pandemic.- Advertisement – GM’s U.S. vehicle sales were down 17.4% heading into the fourth quarter, including a decline of 9.9% in the third quarter. That compared to a 5% declineGM’s shares remain down by about 3% so far this year, despite a 16.7% increase in the stock price in October.This story is developing. Please check back for updates. – Advertisement – – Advertisement –
Categories: Letters to the Editor, Opinion Proposition 2 is the loss of state retirement system pensions of convicted felons. If convicted, a lawmaker would not only face prison, his family would loose his pension’s income.Supporters of the constitutional convention are yelling the convention would bring ethics reform. Proposition 2 was created without the help of a convention. It isn’t costing us hundreds of millions of dollars or exposing our state constitution to unwanted change. It is, however, holding an ax over the heads of those who would break the law. Proposition 2 is an effective, just and swift punishment for the felon who would rob and abuse his power of office. In other words, the necessity of the constitutional convention is passé. Its main argument for passage is moot.Proposition 2 will keep an honest man honest and a convicted felon penniless — exactly what the taxpayer wanted in ethics reform.Nov. 7, turn your ballot over and vote “no” on Proposition 1. Then vote “yes” for the rest. Kill the convention.George HebertCohoesMore from The Daily Gazette:EDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Thruway tax unfair to working motoristsFoss: Should main downtown branch of the Schenectady County Public Library reopen?Cuomo calls for clarity on administering vaccine Salvation has been given to the taxpayer. Proposition 1, the New York state constitutional convention, is no longer needed. Instead we have a less dangerous and inexpensive choice in Proposition 2.
High ceilings feature throughout. The house is positioned to capture a north easterly sea breeze and stunning sunsets.There’s the “old-fashioned quaint barn” and the property also has two post and railed fenced paddocks with a smaller holding paddock, and two massive walk-in/walkout stables equipped with power and lighting. While the bones of its stable background are still evident, the house itself was built about three years ago. 9a Bourke Lodge Dr, Currumbin Valley is set to go to auction later this month.THERE’S no horsing around when it comes to the sale of this sprawling, modern ranch-style residence. The property was historically a well-known racing stable residence and still remains decked out for equine enthusiasts. The property was once a renowned stable complex and still offers equestrian facilities. The stunning entry. Another tranquil vantage point to see the sunset.A separate, timber-decked veranda offers another vantage point to soak up the sun and sunsets.Multiple living areas open up to the patio allowing for free-flowing living, including the master suite, one of five generous bedrooms. The fifth bedroom could be converted to a theatre room, study or office.High ceilings feature throughout from the ample dining and living spaces to the kitchen that’s topped with Arabescato marble benches. More from news02:37International architect Desmond Brooks selling luxury beach villa20 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe kitchen features Arabescato marble benchtops.The vendor, who also built the residence, created a modern masterpiece of crisp white facades, open plan living, double bedrooms and designer bathrooms. The large patio is a standout, offering a gorgeous outlook over green, grassy paddocks, particularly at sunset, and when the wind is up, the north easterly sea breeze is captured as it rustles through Currumbin Valley. The modern home was built three years ago. There are two large paddocks and a smaller holding option.Back outside, the land sprawls through the stables and facilities, and those in the know will appreciate that the land is predominately flat with great run-off in heavy rain. The 11,700sq m property also runs off a town water and eco sewage system. As well as the sprawling land size, the residence is also over the road from Currumbin Creek where fish and mud crabs can be found aplenty. The Currumbin District Horse Club is 2km away and Currumbin Rock Pools and the surf strip of Currumbin Alley are also close.
LGPS Central happened to be the first of the pools to meet with the minister and has received a letter that effectively amounts to approval of the pool’s plan. Colin Pratt, investments manager at Leicestershire County Council, the administering authority for the Leicestershire Pension Fund, said: “The letter more or less says ‘carry on the good work’, and it doesn’t raise any issues that need addressing, so it’s basically ‘carry on and get through the first of April 2018 in the way that you’re proposing to’.“I think that’s probably as close as we’re going to get to formal approval.”The Wales pool had not replied to a request for comment from IPE by the time of publication.The eight pension funds* in LGPS Central are intending to pool £32.6bn (€38.5bn) of assets, well above the £25bn that had been indicated by the government as a minimum requirement.The letter confirmed that the pool’s authorisation by the Financial Conduct Authority (FCA) is a pre-requisite.Obtaining this authorisation is part of “a huge chain of events” that must happen in the run-up to April 2018, according to Pratt.This includes making key appointments, to positions such as a chief executive and a COO and of providers such as asset servicers, he said.“There are a whole host of things that need to be done, and we are working on all of them,” Pratt said. “We have made good progress to date, but the timetable is still very challenging.”Pratt noted that the governance structure and regulatory set-up being targeted by LGPS Central was closely aligned with the model initially suggested by the DCLG, as this was deemed the best fit for the eight pension funds forming the pool. *Pension schemes for Cheshire, Derbyshire, Leicestershire, Nottinghamshire, Shropshire, Staffordshire, West Midlands Pension Fund (including West Midlands Integrated Transport Authority) and Worcestershire The UK government has given the Central local government pension scheme asset pool the go-ahead to proceed with the plan it submitted for its formation to the Department for Communities & Local Government (DCLG) in the summer.All of the emerging local government pension scheme (LGPS) asset pools have been invited to meet with the minister, Marcus Jones, with LGPS Central and the Wales pool having been the first to have their meetings, last week.The round of meetings will extend into early December.The pools, at least some of them, have been anxious to get feedback from the government about the models and plans they have proposed for setting themselves up, given what they see as a tight timeframe for being operational by the 1 April 2018 deadline.
The Baa2 issuer rating and senior unsecured rating of Danish shipping and oil major Maersk have been placed on review for downgrade, according to Moody’s ratings agency.Additionally, the company’s senior unsecured medium-term note (MTN) programme’s (P)Baa2 rating was placed on review for downgrade as well.The rating action follows Maersk’s announcement that it agreed to dispose of its Maersk Oil division to Total S.A. (Aa3 stable) for an enterprise value of USD 7.45 billion. The company is to receive USD 2.5 billion in cash, which will be used to repay debt, and USD 4.95 billion in shares (97.5 million shares representing 3.76% of Total S.A. share capital).Total S.A. will take over all decommissioning obligations currently amounting to USD 2.9 billion. The divestment is in line with Maersk’s previously announced strategy of separating its energy assets from the Transport and Logistics (T&L) business.“We have placed Maersk’s ratings on review for downgrade due to significant uncertainty regarding how much, if any, of its outstanding debt it will repay using the value of the Total S.A. shares,” Maria Maslovsky, Moody’s Vice President — Senior Analyst and the lead analyst for Maersk, said.Moody’s downgraded Maersk’s issuer rating and senior unsecured rating to Baa2 from Baa1 in December 2016.At the time, the company’s medium-term note (MTN) program rating was also downgraded to (P)Baa2 from (P)Baa1 and all ratings were placed on negative outlook.
NZ Herald 13 June 2015Tributes to Lecretia Seales praised her courage in making the end of her life a test case for euthanasia. Sir Geoffrey Palmer, who employed her at the Law Commission, said: “Her idea to turn her experience into a law reform project was typical of her. What a brilliant idea. She always thinks of others first. She never complains. I salute her.”Her husband, Matt Vickers, expressed similar sentiments after her death. He called on Parliament to “have the courage to debate this issue, to show a quantum of the courage my wife has shown these past months”.So it is fair, I think, to draw what lessons are available from what he has told us of her death. Clearly it was not as drawn-out and dreadful as her lawyers had feared in the High Court at Wellington a week earlier.Her husband said, “In the end, Lecretia was fortunate that her death happened quickly, and that she was cared for by some very fine health professionals from hospice and DHB. Others are not so lucky”.The Seales case illustrates one of the practical difficulties with euthanasia: those who are well enough to ask for it don’t want it until their illness is so well advanced that doctors cannot be sure the patient is in the right mental state to make such a fateful decision. Catch 22.There are other practical problems, including some crucial definitions of terminal illness and whether doctor-assisted suicide should be available for anything a sufferer found unbearable.These may be the main reasons Parliament has refused to legalise euthanasia. But the practical pitfalls are merely symptomatic of the subject’s sickening disregard for the honour and dignity of living to the last possible gasp.http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11464404
Radio NZ News 10 April 2017Family First Comment: Most of the Principals blame poverty, but the Principal of Manurewa East School gets it right….“There’s many factors, from the fact that they’re sometimes on devices all day long, they’re not getting enough sleep, they’ll have parents who abandoned them. There are so many boys who don’t have fathers or they have fathers who are just poor, poor role models. I’m just very sick of it.”Violent behaviour by children is on the rise and teachers are enduring assaults that have included kicks to the groin and a pencil in the eye, primary school principals say.The Principals Federation and the Educational Institute (NZEI) said their members were reporting a growing problem caused by deprivation and family dysfunction.But the Education Ministry said it was not aware of any research or statistics that backed up principals’ claims.Last week, Northland schools threatened to start suspending violent children because of a lack of support. The president of the Principals Federation Whetu Cormick said it was a national problem.“I’m hearing from my colleagues across the country that they’re at breaking point with the number of high behaviour issues that are in their schools,” he said.Mr Cormick said principals from all over the country had told him about assaults on themselves and on their staff.“I’ve heard that principals have been assaulted, punched, kicked, kicked in the private parts, a teacher who was poked in the eye with a pencil who needed medical attention. Furniture being thrown around the room which has contacted professionals who work in the room.”Mr Cormick said for some children violent behaviour was a result of other special education needs.“Young people who have got multiple issues including ADHD for example. We’ve got children who are suffering from various syndromes. We’re also hearing about children who are anxious and some of them who have been diagnosed with depression.”Wellington principal Mark Potter said he had heard similar stories while travelling the country as a member of the NZEI’s executive.“We’ve always had children who’ve been challenging. It’s the number of children that we have that is the big issue right now,” he said.Mr Potter said deprivation appeared to be the cause of the problem.“It seems to be very much related to the growing disparities in our communities and society. So the more families that are under duress or under stress suffering from poverty the more you’ve got children who are actually experiencing those things and presenting at school with behaviours arising from that.”The principal of Manurewa East School, Phil Palfrey, said he had expelled two children already this year because they were too dangerous to have around other children.He said the children did not have disabilities or special needs, they were simply violent.“Sometimes other children have had to pull these kids off other children to stop them from getting worse. And that’s with adults who are near who are paid to look after these children – these children can be so quick and so unpredictable that even a close adult can’t get there quickly.”Mr Palfrey blamed bad parenting. “There’s many factors, from the fact that they’re sometimes on devices all day long, they’re not getting enough sleep, they’ll have parents who abandoned them. There are so many boys who don’t have fathers or they have fathers who are just poor, poor role models. I’m just very sick of it.”Helping children depended on parents who were willing to cooperate and the problem area was those families who refused to do that, he said.READ MORE: http://www.radionz.co.nz/news/national/328497/primary-schools-at-‘breaking-point’-over-violent-childrenKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox
Loading… “The reason I am still playing is that I believe I can perform at a high level,” he told Rai Sport after last night’s 1-1 Coppa Italia first-leg draw at AC Milan. “There are situations, such as this return to Juve, that give me even more motivation, because there are interpersonal relationships that make my responsibility and determination feel even stronger. “I liked our passing, as we rediscovered the fluidity in our movement, but didn’t create as much in the final third. The 1-1 draw is a good result, considering how things were going, even if it’s not a scoreline that allows you to rest easy for the second leg.”Advertisement Gigi Buffon is confident he can still make a difference at Juventus. The 42-year-old goalkeeper has seen plenty of first-team action this season. He continued: “Ronaldo is incredible. I will admit, one of the reasons I returned to Juventus was the opportunity to play and train with Cristiano Ronaldo and every day is a revelation.” As a sign of his longevity, Buffon left San Siro with Daniel Maldini’s jersey. Read Also:Buffon seeks for fresh challenges after PSG exit “In my collection I have Enrico Chiesa and his son, George Weah and his son, Paolo Maldini and his son. Now I’m waiting for their grandchildren!” FacebookTwitterWhatsAppEmail分享