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Dianne Feinstein Will Step Down from Her Judiciary Committee Leadership Role

first_imgNewsNews & PoliticsPoliticsDianne Feinstein Will Step Down from Her Judiciary Committee Leadership RoleThe 87-year-old California Democrat says she’ll vacate the influential postBy Brittany Martin – November 23, 202013717ShareEmailFacebookTwitterPinterestReddItIn recent years, Senator Dianne Feinstein of California has been scrutinized for her handling of certain matters as ranking member of the Judiciary Committee, particularly during the confirmation hearings of Amy Coney Barrett and Brett Kavanaugh. Today she announced that, when the new Congress is seated, she’ll be stepping back from that leadership role.“After serving as the lead Democrat on the Judiciary Committee for four years, I will not seek the chairmanship or ranking member position in the next Congress,” Feinstein said in a statement.Feinstein nonetheless expects to remain on the committee as a member and, despite murmurs that at 87-years-old her days in the Senate may be waning, she appears to have every intention of, at the least, serving until her current term ends in 2024.During the Barrett hearings, a number of progressive leaders and organizations called on Feinstein to step aside, expressing concern that she appeared disinclined to use the hearings as an opportunity to stage an aggressive fight against the Republican agenda and may have been too close to conservative colleagues.Brian Fallon, executive director of Demand Justice, one of the activist groups that called for Feinstein to resign the role, told NBC News that today’s announcement is an acknowledgement that Feinstein’s more collegial tone seems out of step with today’s political reality.“This was a necessary step if Democrats are ever going to meaningfully confront the damage Donald Trump and Mitch McConnell have done to the federal judiciary,” Fallon said. “Going forward, Democrats on the Senate Judiciary Committee must be led by someone who will not wishfully cling to a bygone era of civility and decorum that Republicans abandoned long ago.”While Feinstein’s resignation of the prominent post is being seen by many as a victory for the Democratic party’s progressive wing, even establishment members of the party had appeared to distance themselves from Feinstein following the Barrett hearings.On October 20, when asked about her leadership, Chuck Schumer told reporters, “I’ve had a long and serious talk with Senator Feinstein. That’s all I’m going to say about it right now.”RELATED: If Kamala Harris Becomes VP, What Happens to Her Senate Seat?Stay on top of the latest in L.A. food and culture. Sign up for our newsletters today. TAGSDianne FeinsteinPrevious articleMost Wanted: 7 Chess Sets to Go with Your ‘Queen’s Gambit’ ObsessionNext articleMorning Brief: Millions of Americans Are Flying for Thanksgiving Despite Health Officials’ PleasBrittany Martin RELATED ARTICLESMORE FROM AUTHORDianne Feinstein Has Filed Initial Paperwork to Run Again in 2024Dianne Feinstein Throws Her Support Behind Biden Instead of Fellow California Senator HarrisCoast Guard Calls Off Its Search for Victims of a Deadly Labor Day Boat Firelast_img read more

News / Air freight rates still depressed, but China-US starts to gain height again

first_img© Igor Zakharevich Following one of the softest markets in air freight seen for some time, comes the news that China-US is starting to rise again. Air freight rates in February are thought to have fallen to their lowest point in perhaps 18 months – an early drop so severe that IATA was forced to downgrade its annual growth forecast from 3.7% to 2%, just to account for the first quarter of the year.  But, according to The TAC Index and Freight Investor Services (FIS), China-US, at least, has already hit rock bottom – in both air and sea. “The China-US basket continues to reflect an improvement of rates, indicating that the lane has already reached its base for 2019. This correlates with indications that China exports have already reached their low point in both air and sea modes,” noted FIS. According to new weekly data, air freight rates have risen 3.3% on the tradelane, to $3.44/kg. Hong Kong-US has gone up 5.2%, while Shanghai-US has risen 1.7%. A Hong Kong–based forwarder this morning confirmed to FIS that demand was improving, and added that, generally speaking, the index was highly reflective of the market.  By Alex Lennane 27/03/2019center_img However, China to Europe rates have not improved. The basket drop has been 1.1%, to $2.70, “reflecting an overall decrease in Europe imports”, noted FIS.  “Rates into Frankfurt and Amsterdam present high levels of volatility, while rates into London remain at fairly flat levels,” it continued. “Historically China-Heathrow has shown severe and sudden reactions to macroeconomic events; the same can be expected given the final results of the ongoing exit of Britain from the EU.” On the transatlantic, which reportedly didn’t suffer the same declines in February as routes out of Asia, there remains some volatility, said FIS, based on Frankfurt to North America data. Airlines are appearing to be more upbeat. “The hope is that the worst is over, after a big Chinese new year dip,” said Lufthansa Cargo chief commercial officer Dorothea von Boxberg. “We are seeing a nice upward trend.”FIS is also publishing a Forward Curve, created by amalgamating previous and prospective market data along with live market information. The current FIS Forward Curve – which only runs up to September so far – anticipates a bump in rates in China-Europe in July and August, while China–US will see the bump in September. “At the moment the curve reflects the seasonal trends found in 2017 and 2018 on both lanes, factoring in the year-on-year change that we see as the year progresses,” said Peter Stallion of FIS. “Importantly, the forward curve doesn’t cover the bulk of the peak season where we expect both lanes to rise.” FIS offers air cargo derivatives, which can use the Forward Curve to try to determine where the market will go next.last_img read more

Government listing of clinical trials doesn’t disclose costs to patients

first_img Tags clinical trialsNIH Patient advocates urge action on clinical trials reporting NewslettersSign up for The Readout Your daily guide to what’s happening in biotech. Leave this field empty if you’re human: The company acknowledges that its procedures — like most stem cell treatments — are not FDA-approved. On its website, however, StemGenex underscores that its studies are “registered through The National Institutes of Health which can be found at http://www.clinicaltrials.gov.”“By providing patients access to stem cell studies registered through The National Institutes of Health, patients now have the ability to choose treatment for osteoarthritis that focuses on both safety and efficacy,” it says.Also on its website, the clinic says that having studies registered on ClinicalTrials.gov gives it a “significant advantage compared with treatment centers offering unregistered studies.”Turner called the messages misleading, because they suggest the NIH has vetted the clinic’s osteoarthritis and other studies. “In fact, nobody at the NIH or in our government has necessarily, or even likely, looked at this study,” he said.He pointed to other stem cell clinics posting on ClinicalTrials.gov that ask patients to pay, including one in Rancho Mirage that is conducting a study on stem cell treatment for conditions such as emphysema, osteoarthritis and erectile dysfunction.Knoepfler said he used to direct patients to ClinicalTrials.gov, but then, “I started realizing, ‘wait a minute … there are listings on that website that are not what I thought would be on ClinicalTrials.gov.’”He and other critics would like to see ClinicalTrials.gov reevaluate its position on allowing for-profit trials to post on the website.“It’s one of the best sources we have, but there’s still room for misleading and incomplete information, and I would imagine in some cases, there are people preying on desperate patients, even on the ClinicalTrials.gov registry,” said Ken Getz, an associate professor at Tufts University School of Medicine, and founder of the Center for Information and Study on Clinical Research Participation.This story was originally published by Kaiser Health News, a national health policy news service that is part of the nonpartisan Henry J. Kaiser Family Foundation. In clinical trials, for-profit review boards are taking over for hospitals. Should they? Please enter a valid email address. Related: Most Americans would avoid clinical trials due to worries over safety and costs Related: Total charge: $14,000.“I was outraged,” Smith said. Her anger only grew when the screener suggested she could raise the money, as other callers had, through family and friends in an online GoFundMe campaign, she said.advertisement She and others worry that many patients seeking to participate in clinical trials might be desperately sick or in pain, and vulnerable to requests for money they don’t have. These patients see the website’s “.gov” domain and the NIH imprimatur as stamps of approval that mean the research is legitimate, these critics say.“The average patient and even people in health care … kind of let their guard down when they’re in that database. It’s like, ‘If a trial is listed here, it must be OK,’” said Paul Knoepfler, an associate professor at the University of California, Davis, School of Medicine who writes a blog about stem cell research. “Most people don’t realize that creeping into that database are some trials whose main goal is to generate profit.”Leigh Turner, an associate professor at the University of Minnesota Center for Bioethics, said it’s not clear if this phenomenon is only occurring with stem cell studies, but the surge in stem cell research — and in clinics offering high-priced, unproven treatments — has intensified the problem.“It’s not just a handful of patients who are encountering these kind of so-called studies on ClinicalTrials.gov and not just a handful of studies,” he said. “It is a bigger problem than that.”Asked whether costs should be disclosed on ClinicalTrials.gov, Dr. Rebecca Williams, assistant director of the website, said “that’s a valid question.”As a practical matter, she said, “that has been information we don’t collect in a systematic way and nor is it available. We have no way to know whether they’re for-profit or not, and don’t have a policy that would exclude them.”Williams pointed to the website’s disclaimer that the government is not liable for and does not “make any warranties” about information in the database. She also noted that the site suggests questions for consumers to ask, including, “Who will pay for my participation?”Williams stressed that the website is intended primarily as a “clearinghouse” of listings, and that just because a study is there “does not necessarily mean an endorsement by the federal government.”It means that the study sponsors have attested that the information they’re submitting is complete and that their research complies with “all of the applicable regulations that may apply,” she said.The website is not legally required to independently verify the information provided by study sponsors. ClinicalTrials.gov relies heavily on the honor system, Williams said.Study sponsors who wish to list their studies on the website register online and must provide a variety of details, including, in most cases, information about the committees that oversee the welfare and treatment of human subjects.Thanks to a 2007 law, changes will be made to the website’s listings and requirements, possibly by the end of this year. But Williams said it’s “unlikely” they will include disclosures of costs to patients. About the Author Reprints Related: Generally speaking, the US Food and Drug Administration regulates clinical trials of medications and medical devices, and sets guidelines that determine when patients can be charged. But stem cell research, which often uses a patients’ own cells for treatment, can fall into a gray area, and what requires FDA approval is sometimes unclear or in dispute.StemGenex says it does not charge anyone for the osteoporosis study listed in ClinicalTrials.gov.“StemGenex’s study is intended to be an observational study comparing two sets of data — before and after stem cell treatment,” Candace Henderson, the clinic’s vice president of operations, said in a prepared statement.The way she explained it, patients who first pay for the company’s stem cell treatment can then “volunteer” to participate in the long-term observational study of how well the treatment works.“The actual treatment is not part of the study protocol,” Henderson said. She declined to share a copy of the protocol, saying it “is proprietary to StemGenex.”But the reality is that patients who want to participate in research like this must first shell out thousands for the stem cell treatment, University of Minnesota’s Turner said. In effect, he said, they pay to play.StemGenex says it invests revenue from its clinical trials “in innovation and research to further the development and advancement” of therapies. It has four other studies listed on the NIH website: for Parkinson’s disease, multiple sclerosis, rheumatoid arthritis, and chronic obstructive pulmonary disease. In those cases, too, participants “are recruited from among patients who are having stem cell treatment,” Henderson said in the company statement.On its website, the company explains that it harvests dormant stem cells from a patient’s fat through “a mini-liposuction” and isolates the cells from the fat. The cells are then “activated with the patient’s growth factors,” and infused back into the patient. The stem cells then “follow inflammatory signals from damaged tissues and have multiple ways of repairing these damaged areas.”The company, which describes itself as “the premiere leader in the United States for regenerative medicine,” says it offers a “a concierge approach to treatment,” which includes covering the cost of its patients’ hotel accommodations and a car service that “will be waiting for you at the airport baggage claim when you arrive.” Last summer, Linda Smith learned she was losing significant cartilage in her knees, a consequence of her lifelong love of skiing, running, and ultimate frisbee. Diagnosed with osteoarthritis, she wanted to avoid surgery and was eager to consider alternatives.So the 56-year-old Morgan Hill, Calif., resident embarked on a search for clinical trials, which test potential treatments on human subjects. She scoured the government-run website, ClinicalTrials.gov, focusing on a form of stem cell therapy — a promising but unproven approach for her condition.She thought she’d scored with StemGenex, a clinic in La Jolla, and called to inquire. The screener asked a long list of questions, then dropped a bomb: If Smith wanted in, she’d have to pay “associated” costs.advertisement By Emily Bazar — Kaiser Health News July 27, 2016 Reprints HealthGovernment listing of clinical trials doesn’t disclose costs to patients APStock Smith, a retired hospital administrator, knew enough about clinical studies to understand that the $14,000 price tag was unusual. Most trials are free and some even pay people to participate, in recognition of the possible risks and inconvenience involved.The ClinicialTrials.gov website, run by the National Institutes of Health through its National Library of Medicine, is the most comprehensive such database available to the public in the United States, with listings for more than 210,000 clinical studies both here and abroad. But Smith’s experience exposes one of its little-known limitations: It does not require trial sponsors to disclose charges to patients — and does not even independently vet the listings.“I went back to the website and looked at the study again. It doesn’t say that patients are the funding source,” said Smith, who refused the $14,000 proposal. “I was disappointed in the NIH. I thought, ‘Why are you letting this occur?’”StemGenex denies that it charges for participation in its clinical study. It says it only charges for the treatment that is being studied and that participation in the study is separate and voluntary.Some ethicists and other experts who shared Smith’s concern said that’s a false distinction. If trial sponsors require participants to pay, they said, the government website ought to let people know.They argued that ClinicalTrials.gov’s failure to disclose charges by trial sponsors misleads consumers and allows the site to become a marketing tool for pay-to-play research.“It’s unethical that these companies are saying, ‘Sure, come take part in our study and by the way, we’re going to charge you for the privilege,’” said Alison Bateman-House, a postdoctoral fellow in medical ethics at the New York University School of Medicine. “If you’re going to be charging patients for the opportunity to be involved in the study, they should not be allowed to be listed on ClinicalTrials.gov, or at least the cost should be listed on the site.” Privacy Policy Emily Bazar — Kaiser Health Newslast_img read more

Deaths in Laois – Wednesday, August 29, 2018

first_img RELATED ARTICLESMORE FROM AUTHOR WhatsApp Five Laois monuments to receive almost €200,000 in government funding Facebook Previous articleAnna May McHugh appointed to ‘incredibly prestigious’ positionNext article‘Introductory Commis Chef Training Programme’ with School of Food in Thomastown, Kilkenny LaoisToday Reporter Community By LaoisToday Reporter – 29th August 2018 Below are the recent deaths in Laois.Ar Dheis De go raibh a anam.Eileen Farrell (née Fayne)The Green, Clonaslee, Laois / Lanesboro, Longford / Kilcormac, OffalyEileen Farrell (nee Fayne), The Green, Clonaslee, Co. Laois, and formerly of Lanesboro, Co. Longford and Kilcormac, Co. Offaly. Died on the 27th of August 2018, peacefully at St. Vincent’s Hospital, Mountmellick, Co. Laois. Beloved wife of the late James (Jim), and loving mother of Shirley, Eilish, Yvonne and Tony. She will be sadly missed by her sister Kathleen Dunphy (Clane), grandchildren, sons-in-law, daughter-in-law, brother-in-law, nieces, nephews, relatives, neighbours and friends.Reposing at St. Vincent’s Hospital Chapel today Tuesday from 4:30pm to 6:30pm. Family only from 6:30pm to 7pm. Removal at 7pm to St. Manman’s Church, Clonaslee, arriving at 7:30pm. Funeral Mass on Wednesday at 12 noon, followed by burial afterwards in St. Manman’s Cemetery, Clonaslee.Siobhan Coffey (née Kane)12 The Glebe, Stradbally, Laois / Athy, Kildare(Formerly 1 Avondale Drive, Athy).Requiem Mass at 12 noon on Tuesday, 28th August in the Church of the Sacred Heart, Stradbally, Co. Laois. Burial afterwards in Oakvale Cemetery, Stradbally.Anne Moore (née Delaney)Coolbanagher, Emo, Laois / Portarlington, LaoisFormerly of Lough, Portarlington. Died peacefully at The Midlands Regional Hospital Portlaoise, surrounded by her loving family. Predeceased by her husband Paddy and loving daughter Suzanne. Deeply regretted by her loving children Joseph, Margaret, John, Helen, Patrick, Sinead, Cormac, Niamh, Aisling, Gerdaline and Ciara, Grand children, nieces, nephews, brother in law, relatives, neighbors and a large circle of family and friends. Reposing in her home on Sunday at 8.30pm. Reposing on Monday with removal at 7pm to St Paul’s Church Emo arriving at 7.30pm. Requiem Mass on Tuesday at 12 O’clock. Burial afterwards in St Paul’s Cemetery. Flowers or donations if desired to The Irish Cancer Society.Sr. Patricia MurphyCastlebridge, Maynooth, Kildare / Lucan, Dublin / Durrow, LaoisMurphy, Sr. Patricia, Presentation Sisters, Castlebridge, Maynooth, Co. Kildare & late of Lucan, Dublin & Durrow, Co. Laois, August 25th 2018, peacefully at Connolly Hospital, Blanchardstown, beloved sister of the late Paddy & Dan, much loved by her loving sisters Mai Walsh (Bohola) & Thérèse Novak (Yeovil, Somerset), her brothers Jack & Murt (Durrow, Co. Laois), sisters in law, brothers in law, nieces, nephews, relatives, friends and her Presentation Community. Reposing at Reilly’s Funeral Home, Leinster St., Maynooth, on Monday from 4pm with rosary at 7pm. Removal on Tuesday at 1.30pm to arrive at St. Mary’s Church, Maynooth for 2pm funeral Mass, followed by burial in Laraghbryan Cemetery.Una Noone (née Carroll)Ballycarroll, Portarlington, LaoisPeacefully in the loving care of the staff of Oakdale nursing home Portarlington. Loving wife of the late Frank, twin-sister of the late Sheila. Deeply regretted by her loving family Declan, Brian and Denise, brother Noel, sisters Bunty and Breda, grandchildren Conor and Ross, son-in-law Seamus, brother-in-law Dave, sister-in-law lelia, nephews, nieces, relatives, neighbours and friends. Rest In Peace. Reposing at Mahers Chapel of Rest Portarlington on Saturday from 8pm with Rosary at 9pm. Reposing on Sunday from 5:30pm with Removal at 6:45pm arriving St John’s Church Killenard at 7:30pm. Requiem Mass on Monday at 12 noon. Interment afterwards in the adjoining cemetery.Sr. Brigid Ita (Bridie) BennettSalesian Sisters, Caherdavin, Limerick / LaoisBennett, Sr. Brigid Ita (Bridie) (Salesian Sisters, Caherdavin, Limerick and formerly of Tarbert, Raheen, Co. Laois) 24th August 2018, peacefully at Catherine McAuley House. Predeceased by her brothers Pat, Peter and Seamus. Deeply regretted by her brother Eddie, sisters, Katie Bennett, Una Cahill and Mary Going, sisters-in-law, nephews, nieces, grandnephews, grandnieces, cousins and her Salesian Sisters. May she Rest in Peace.Reposing at Salesian Convent, Caherdavin Limerick on Sunday evening from 5pm to 7pm followed by removal to Christ the King Church, Caherdavin.Requiem Mass on Monday at 11.30am followed by removal to St Fintan’s Church, Raheen, Co. Laois for prayers with burial afterwards in Raheen Graveyard.Fiona Kelly (née McFarlan)Old Borris Road, Castletown, LaoisFiona Kelly, (neé McFarlan), Old Borris Road, Castletown, Co. Laois. Died 23rd August 2018, at The Beacon Hospital Dublin, surrounded by her loving family. Deeply regretted by her hearth broken husband Fintan, and much loved Mum to Niamh, Siobhan and Rory, mother Cecilia, brother Grant, sister Leslie, nephews, extended family, relatives and friends.Reposing at her home on (Sunday) afternoon from 3p.m., with Rosary at 9.30p.m. Removal on (Monday) morning to St. Edmund’s Church, Castletown, for Requiem Mass at 11a.m. followed by Cremation in Newlands Cross Crematorium.Seline Augustine Patrick Street, Mountrath, LaoisSeline Augustine, Patrick Street, Mountrath, Co. Laois, Died 21st August 2018 (peacefully) at St. James’ Hospital, Dublin. Deeply regretted by her loving family, relatives and friends.Memorial Mass will be held on Friday, 7th September 2018, at 11am in St. Fintan’s Church, Mountrath.SEE ALSO – Deaths in Laois – Tuesday August 28, 2018 TAGSDeaths in Laois Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Pinterest Pinterest WhatsApp Twitter Council Twitter Deaths in Laois – Wednesday, August 29, 2018 Facebook Community Home Deaths Deaths in Laois – Wednesday, August 29, 2018 Deaths New Arles road opens but disquiet over who was invited to official openinglast_img read more

Trucks loaded with mineral extracts blocked from entering China

first_img Facebook Twitter NewsEconomy US dollar and Chinese reminbi plummet against North Korean won once again News Trucks loaded with mineral extracts blocked from entering China There are signs that North Korea is running into serious difficulties with its corn harvest North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) News center_img Chinese authorities began prohibitingmineral exports from North Korea on March 1st in a move not strictly related tothe passing of UN Security Council Resolution 2270, which outlines sanctionsagainst North Korea. North Korean authorities and foreign-earning currency enterprises tied to the military did not see this move comingand expressed embarrassment and shock. In a telephone conversation with the DailyNK on March 4, a source from North Pyongan Province said, “Beginning on March1, mineral exports such as coal and ore have not been allowed to pass throughChinese customs into China. Trucks loaded with mineral deposits have been idlywaiting in front of Chinese customs near Dandong. The foreign trading companiesare simply waiting for instructions from the higher authorities.” Two separate sources, also based in NorthPyongan Province, verified these claims.“Foreign-currencyearning companies began hearing rumors that mineral exports would be blockedfrom entering China back in February, but they simply didn’t believe it. Theauthorities did not make an official announcement or put forward a policy.Instead, senior officials have simply remarked that it will be necessary tostop exports of minerals for the time being,” the source continued.“Some crafty business cadres raised thepossibility of using sea-routes to smuggle the product in with Chinese foreigntraders, but their Chinese counterparts rejected such proposals. Some NorthKorean merchants have posited, “Maybe they’re playing hardball to get us tolower prices to rock bottom?”    China participatedin United Nations sanctions after North Korea’s first, second, and thirdnuclear tests, she explained, but there was no special impact on trade. North Korean cadresexpected that this time around would be no different and that the efficacy ofthe sanctions would eventually fizzle and fade to nothing. North Korean traders therefore expected nosignificant difference as they sent mineral exports through the North Koreanborder town of Sinuiju into the Chinese city of Dandong. They were in for asurprise when the door was slammed shut. The regime has yet to come up with aneffective countermeasure or policy response, which cadres take as a sign thatthe road will open up again in the near future, according to the source. Across the board, there are expectations of “short-term export restrictions,” but some have voiced concerns that therestrictions might become long term. If developments continue down this road,the military foreign-currency earning enterprises and North Korean authoritieswho have been making a handsome profit on mineral exports are going to be givena significant blow. “Coal and mineral exports have been animportant source of funding for the Korean Workers’ Party. Kim Jong Un needsforeign currency to prepare for the upcoming 7th Party Congress and companiesneed foreign currency in order to issue the bribes that guarantee theirsurvival. This turn of events comes as bad news to all of them. This mightforce authorities to turn to other sources of funding in order to ready for the7th Party Congress, including perhaps illicit methods such as the smuggling andselling of illegal drugs,” she said. “If the long-term export restrictionsbankrupt the mineral companies, many innocent workers will lose a source ofincome. Merchants and residents connected to the export companies in variousways will struggle to find new jobs. Kim Jong Un cannot discount the resentmentthat this will cause.” On March 2, the United Nations SecurityCouncil unanimously adopted a resolution which enacts strong sanctionsrequiring that all cargo exported from and imported to North Korea beinspected. The resolution also bans the export of jet fuel, blocks the trade ofminerals, freezes financial assets, and restricts the trade of luxury items,etc.  SHARE News RELATED ARTICLESMORE FROM AUTHOR AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] By Daily NK – 2016.03.07 10:43am last_img read more

BMO Global Asset Management launches in Europe

first_img Keywords Asset management companiesCompanies BMO Global Asset Management F&C’s institutional, intermediated retail and wholesale business will be re-branded as BMO Global Asset Management (BMOGAM). In addition, F&C REIT, the direct property investors, will be re-branded as BMO Real Estate Partners. There will be no change to F&C’s investment trust business. No fund names are changing. All changes are effective July 6. The F&C distribution teams, which will now operate under the BMOGAM brand, will be responsible for distributing its full range of products, which also includes boutiques LGM Investments, Monegy, Pyrford, TCH and the new BMO Real Estate Partners. “As part of BMO Global Asset Management, F&C’s investment capabilities and solutions represent just one dimension of what we can now offer clients. We are updating our branding to reflect that better,” said Richard Wilson, chief executive of F&C Investments and BMO Global Asset Management (EMEA). “We will continue to centre our business around our clients, delivering consistent investment performance and reliable delivery of relevant products across Europe,” Wilson said. “Under BMO Global Asset Management we will continue to invest in our business, building on our ambitious plans to expand our distribution team and investing in our talent. We will strengthen our teams and aim to build on our market share substantially in existing markets — such as the U.K. and Germany — as well as add coverage to additional countries,” he added. Bank of Montreal (TSX:BMO) is rebranding its asset management business in Europe, the Middle-East and Africa (EMEA), the bank announced Thursday. The announcement follows last year’s acquisition of U.K.-based F&C Asset Management plc, which will form the centrepiece of the newly branded business. Related news Desjardins buys Montreal boutique firm Hexavest iA Clarington aims for sleeker, cleaner product lineupcenter_img James Langton CPPIB reports record return for latest fiscal year Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

DAC 2015: Plan to be cyber resilient

first_img Keywords Continuity planning,  Cybersecurity DAC 2015: Advisors must make an effort to show their value Firms need to be cyber resilient, he said, and that means they need a cyber security program. He highlighted a number of critical elements that ought to be in place in order to create an effective program. Among them: > Governance and risk management
 Governance is a commitment from the top of the firm — its CEO and board of directors — to the creation, implementation and maintenance of a cyber security program. “This is where the buck stops and starts,” Russell said, noting that the program should be ordained from the top “and hardwired through the entire firm.” The plan must encompass key business and operational areas of the company. In terms of risk assessment, firms need to determine the assets that are vital to the company and that might be valuable to others. Once they have have identified these assets, they need to understand all the ways these assets are exposed and how potential wrongdoers can get at them. As part of this assessment, firms should undertake vendor due diligence — checking on those third parties that have direct or indirect access to the firms’ systems to ensure that the third parties themselves have reasonable cyber security measures in place. “[Third parties] can be used as an entry point — or vector — into your system,” he said. > Establish technical controls 
One effective tactic here is access control, which relates to who can get what information in an organization. It is critical that only those who truly need access to critical information are able to get it, Russell said. One measure to help ensure that the right people get the data they need is to require individuals to go through more than one layer of security to access specific information. “It is also critical to test your system to find holes in your security efforts,” he said. This should be done with internal and external experts, he said. “Often external people will find vulnerabilities that you thought you had covered off.” > Develop an incident response plan (IRP)
 This can be put into action when a breech occurs and can help ensure that the problem is isolated and eradicated as soon as possible. The IRP outlines steps that must be taken when a hack is discovered — it assigns specific tasks to specific people and sets out the order in which these jobs are to be undertaken. “If you don’t have plan, valuable time will be wasted trying to figure out who should be doing what,” he said. > Train staff
 Sometimes disgruntled staff is behind security threats, but more often staff is unknowingly used as a means to gain access to a company’s system — for example, an infected email that is opened by someone in the firm. “If staff does not knows what to look for, they can inadvertently file something into system that can sit there for months gathering data or waiting till the best time to attack the firm” he said. “Let staff know about the most current cyber threats out there so they will less likely to fall victim to them.” > Share information
 One way to keep on top of cyber security threats is to share information by subscribing to an information sharing service. There are a variety of these services geared to specific industries. > Investigate cyber insurance
 Coverage is very specific to the firm’s risk profile and what sort of events the firm wishes to have covered. “This is a new area of insurance,” Russell said, “and it is worth comparing coverage and cost as [these] can vary widely among the providers.” Related news Tracy LeMay DAC 2015: Robo-advisors face challengescenter_img Share this article and your comments with peers on social media Canadian financial services firms and advisory businesses should establish plans to protect their operations from cyber security threats, according to Ian Russell, president and CEO of the Toronto-based Investment Industry Association of Canada. “There is no way to make your company completely hack-proof, but you can establish systems in your organization to guard against most threats and, when one makes it through, you can deal with it quickly and efficiently before it does significant damage,” Russell told the 2015 Distinguished Advisor Conference in Puerto Vallarta on Monday. Facebook LinkedIn Twitterlast_img read more

Escalation of violence in Ethiopia Minister for Africa statement

first_imgEscalation of violence in Ethiopia Minister for Africa statement Following an escalation in violence in Ethiopia, Minister for Africa James Duddridge said:The UK calls for immediate de-escalation and the protection of civilians following further violence in Ethiopia and attacks on Asmara, Eritrea over the weekend.We are working closely with humanitarian agencies to ensure that aid reaches civilians affected by the fighting.BackgroundForeign Secretary Dominic Raab spoke to Prime Minister Abiy on 10 November, emphasising the need for protection of civilians and humanitarian access.The British Ambassador in Addis Ababa continues to raise the need for de-escalation and an immediate halt to violence with our partners and all parties involved.UK-funded partners in Tigray are working hard to deliver support in extremely challenging circumstances. This includes to delivering assistance to refugees and host communities including shelter; health; water, sanitation and hygiene; nutrition and protection support.We continue to raise the need for humanitarian access and restoration of basic services with senior officials in Ethiopia. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Addis Ababa, Africa, Ambassador, Asmara, British, Eritrea, Ethiopia, Government, Humanitarian, Minister, nutrition, Prime Minister, refugees, Secretary, UK, UK Government, violencelast_img read more

After 18 months of work, commission presents report on Clark County Jail

first_img Subscribe Connect with LoginI allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgreeNotify of new follow-up comments new replies to my comments I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). Name*Email*Website guestLabel guestLabel After 18 months of work, commission presents report on Clark County JailPosted by Chris BrownDate: Thursday, September 5, 2019in: Newsshare 0 The group reached consensus on number of beds and location, but will leave the eye-opening price tag to the County Council CLARK COUNTY — In well over an hour, the potential price of a new Clark County Jail was rarely mentioned during a work session for county councilors on Wednesday.Jail beds inside the Clark County Jail are shown in this photo. Photo courtesy Clark County CorrectionsJail beds inside the Clark County Jail are shown in this photo. Photo courtesy Clark County CorrectionsThe report was the final official action for the Corrections Facility Advisory Commission (CFAC) comprised of 24 members, ending 18 months of intense work that resulted in a 423-page document outlining the needs and challenges for the county when it comes to building a new jail.The commission was led by former county commissioner and State Senator Craig Pridemore, CEO of Columbia River Mental Health Services.“In my 14 years of elected office, I think I’ve served on two-to-three dozen different blue ribbon committees of this sort,” said Pridemore. “I don’t believe I’ve ever seen a public policy challenge as difficult as this one is.”Despite the difficulties, Pridemore was effusive in his praise of the committee members, calling them among the best he has ever worked with.“I had hoped that our committee would be able to put together a final recommendation, have the solution, and be able to say to you ‘this is it, it’s all finished,’” said Pridemore. “The reality is when you dig into this issue and you spend 18 months around all of those issues, you find out that this is an extremely complex and difficult thing to accomplish in this political environment.”The reason price was rarely mentioned, though it is part of the official report, is that Pridemore and the commission readily admitted that their estimates represent a best practice model, and a launching pad for a discussion about how close the county can reasonably afford to get to that.Even without a final recommendation on exactly how the county could proceed, Pridemore said he feels as if the 18 months worth of meetings were not wasted.“There is a clear statement and agreement amongst all the committee members that something must be done,” said Pridemore, “that the jail as it currently exists, both in terms of its quality and age, but also its capacity, the county has got to do something for this community’s future.”Under the two proposals CFAC included in their final report, initial costs to replace the current jail downtown and expand the minimum security work release facility on Lower River Road could run upwards of $421 million. Beyond that, operational expenses for the corrections department could increase to between $46.2 and $60.7 million, much higher than the jail’s current annual operating budget of $27 million. Much of that is due to added staffing levels to switch from the current indirect supervision model to a more modern direct supervision approach.While the indirect model is less expensive up front, Pridemore says their research discovered that it can lead to higher costs in other areas.“What ends up happening is you have key inmates who become the dominant force inside that particular area,” Pridemore said, “which does lead to significant disciplinary issues.”A lack of natural light is one of the concerns for the current Clark County Jail, built in 1984. Photo courtesy Clark County CorrectionsA lack of natural light is one of the concerns for the current Clark County Jail, built in 1984. Photo courtesy Clark County CorrectionsPridemore said their recommendation would be for the little-known Law and Justice Council, a 26-member group made up of area city and county leaders, along with outside experts, to examine whether a limited direct supervision model could be feasible, in order to reduce staffing costs and the size of the needed facility.“It’s an impressive organization,” Pridemore said of the Law and Justice Council, “and I think this is a good meaty issue to bring them together and to engage them in a huge conversation that’s going to impact every one of them in the future.”“I would hate to see Law and Justice become another working group that works for another 18 months trying to figure this out,” said Clark County Sheriff Chuck Atkins. “I believe that we are the next taskforce,” said County Chair Eileen Quiring, noting that the CFAC members and Law and Justice will be used to help answer more detailed questions about jail operations and requirements.Council questionsMany of the questions asked by the councilors on Wednesday revolved around how the committee came up with their recommendations. That included a proposed 850 to 880 beds, up from the 590 available now between the main jail and the work center.Parts of the existing 35-year old Clark County Jail show significant signs of wear and tear. Photo courtesy Clark County CorrectionsParts of the existing 35-year old Clark County Jail show significant signs of wear and tear. Photo courtesy Clark County Corrections“This 800-plus number, is that anticipating best practices?” asked Councilor Gary Medvigy. “Did you already take a look at that, or are you recommending that we look at best practices as a more fruitful way to get that number down?”Pridemore noted that Clark County is already proactive when it comes to diversion programs for many offenses, and more are coming online. He said the bed number count involved a lot of discussion with the county prosecutor’s office regarding other ways to limit incarceration.“There was actually an initial estimate that you could go down to as low as 800 beds,” said Pridemore. “We felt that’s probably getting a little too risky, now that you won’t have adequate capacity, so we came to the 850 to 880 with a lot of advice from the sheriff and his staff.”Pridemore also noted that the final bed number estimate was around 500 fewer than their original estimates.“We recognized in law enforcement, particularly going into the early 2000’s, that we’re not able to arrest our way out of crime problems,” said Vancouver Police Chief James McElvain, vice-chair of CFAC. “It’s super expensive, and we’re seeing that here today.”Pridemore said their estimate also took into account more recent programs aimed at reducing the recidivism of those facing a criminal charge.“Through the sheriff’s leadership, and Chief (Ric) Bishop and a number of others, the county has now incorporated drug and alcohol treatment into the jail,” he said.Bishop, the chief corrections deputy, noted that the average stay in their jail is around 19 days, with the majority of people remaining far less than that. The average stay of those who’ve been tried and sentenced is generally around 38 days.Olson also wondered why a building that is only 35 years old could be in such irreparably bad shape that it couldn’t even be remodeled, and needed to be replaced.“It’s kind of like running your car,” said Bishop, “it lasts a lot longer if you run it at 65 miles per hour than 90. We’ve been running our jail at 95 miles an hour for the past 30 years. The doors open and shut quite often; more than they’re designed for, and it just wears out.”The councilors also discussed whether there could potentially be a process of phasing in the construction over time, rather than doing the entire project at once. Bishop said if they decided to approach things that way, their medical facilities and intake area would be top priority.“You can build me more bedroom space in another part of the house, but my front door is too small,” he quipped.Clark County Manager Shawn Henessee said he’s hopeful the work done by CFAC, along with previous studies on the issue of a new jail, could be helpful in deciding what other questions still need to be answered. The council will need to determine a final price tag and seek approval of a building bond from voters.“Hopefully this is providing you with the materials you need to finally dig into this and find out how we do move forward,” said Pridemore. “I don’t envy you that task.”AdvertisementThis is placeholder textTags:Clark CountyLatestVancouvershare 0 Previous : PeaceHealth adds executive to lead the expansion and enhancement of outpatient services Next : Your Week in Review – Episode 76 • September 6, 2019AdvertisementThis is placeholder textcenter_img I allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgree Name*Email*Website 0 Comments Inline FeedbacksView all commentslast_img read more

Statement From The Family Of Eric Cornell

first_img Published: Nov. 23, 2004 “We are thankful for so much this Thanksgiving. Eric continues to improve. The health care team has been fantastic. Our extended family and our friends are watching out for all of our non-medical needs. “Eric had his second skin autograft today, a week after the first. The doctors were pleased with the results of the first autograft. “Eric is becoming more independent. The respiratory therapists took Eric off his respirator, enabling him to speak. Eric is allowed a full liquid diet sent from the cafeteria to supplement his tube feeding. Yesterday the physical therapist helped him put his feet on the floor and he was able to stand unassisted.” NOTE: Nobel laureate Eric Cornell is a senior scientist at the National Institute of Standards and Technology and adjoint professor of physics at the University of Colorado at Boulder. Cornell and Carl Wieman, distinguished professor of physics at CU-Boulder, led a team of physicists that created the world’s first Bose-Einstein condensate in 1995. They were awarded the Nobel Prize in physics in 2001 for their creation of the new form of matter. Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more

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