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Lloyd’s of London boss hints at ‘acceleration’ of Brussels operation as no-deal Brexit fears mount

first_img Lloyd’s of London boss hints at ‘acceleration’ of Brussels operation as no-deal Brexit fears mount More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little whatsapp Tags: BBC Insurance Beale told the BBC that she was “accelerating” preparations to transfer contracts from the London insurance market to Brussels on the back of growing fears that “we might be closer to a no-deal than we were”.She said: “We will potentially lose the ability to pay any claims on old contracts…We want to confirm we can continue to service those contracts, and if we can’t we are going to be transferring contracts to our Brussels subsidiary.”Read more: Natural disasters slice Lloyd’s of London profits in halfLloyd’s confirmed last year that it would open a new operation in Brussels to secure a European foothold that would be ready to operate by the first day of 2019.Beale, who is set to be replaced by former QBE boss John Neale later this , also spoke this morning of the difficulties she faced in being open about her sexual identity as a bi-sexual woman in the City.“I got asked if I would be outspoken about it, and I decided to say yes. I know when I was secret about part of my life it impacted me at work… it can damage you and your productivity,” said Beale, the first woman to have run Lloyd’s in its 332-year history. whatsapp Sebastian McCarthy Share Sunday 7 October 2018 11:31 am Outgoing Lloyd’s of London boss Dame Inga Beale has said the insurance business is speeding up plans to bolster its Brussels subsidiary unit amid fears that Britain and the EU might not reach a post-Brexit trade deal.  last_img read more

Single Covid vaccine is 80 per cent effective in preventing hospitalisations among over-80s

first_img New data from Public Health England showed that available Covid vaccines are around 80 per cent effective in preventing hospitalisation among over-80s Also Read: Single Covid vaccine is 80 per cent effective in preventing hospitalisations among over-80s Poppy Wood New data from Public Health England showed that available Covid vaccines are around 80 per cent effective in preventing hospitalisation among over-80s Also Read: Single Covid vaccine is 80 per cent effective in preventing hospitalisations among over-80s In comparison, around 30 per cent of Brits have received their first dose of either the Pfizer/Biontech or Astrazeneca jabs, with more than 20m doses administered in total. The pre-print study from Public Health England showed the Astrazeneca jab provides around 60 to 73 per cent protection against symptomatic Covid in those over-70, four weeks after the first injection. New data from Public Health England showed that available Covid vaccines are around 80 per cent effective in preventing hospitalisation among over-80s Two of the England cases have been found in South Gloucestershire, while a search is currently underway to locate the third case. It is thought the patient failed to provide contact details on their testing form. EU-Astrazeneca row Anyone who took a Covid test on 12 or 13 February but hasn’t yet received a result has been told to get in touch by calling 119 in England. “These and other mutations are associated with reduced impact of antibodies against the virus in laboratory experiments,” said Public Health England’s Dr Susan Hopkins. whatsapp Meanwhile erroneous reports in various German media outlets earlier this year claimed the vaccine was only eight per cent effective in over-65s. “I’m not here to criticise other countries but I do say that I think in time, the data emerging from our programme will speak for itself and other countries will doubtless be very interested in it,” he added. Tags: AstraZeneca Coronavirus Re-lockdown Vaccine New data from Public Health England showed that available Covid vaccines are around 80 per cent effective in preventing hospitalisation among over-80s Also Read: Single Covid vaccine is 80 per cent effective in preventing hospitalisations among over-80s whatsapp It comes as a major snub to a slew of European countries that have questioned the efficacy of the Astrazeneca vaccine in recent weeks. Part of the funding will “go towards further vaccine testing and development, to make sure we are fast and effective in developing the next generation of Covid vaccines, including vaccines against new variants”. A single injection of either the Astrazeneca/Oxford jab or the Pfizer/Biontech vaccine is more than 80 per cent effective in preventing hospitalisation among over-80s, the health secretary has announced. Eleven out of 27 EU member states including France, Germany, Poland and Italy, have declined to give the jab to older people because of the lack of early clinical trial data supporting its efficacy in over-55s.  New data from Public Health England showed that available Covid vaccines are around 80 per cent effective in preventing hospitalisation among over-80s Also Read: Single Covid vaccine is 80 per cent effective in preventing hospitalisations among over-80s Before the Open newsletter: Start your day with the City View podcast and key market data Meanwhile, the Pfizer/Biontech vaccine is thought to provide around 57 to 61 per cent protection for over-70s, according to the study. Professor Jonathan Van-Tam, England’s deputy chief medical officer, said the new data from Public Health England “clearly vindicated” the UK’s approach to the vaccine rollout. Speaking at this evening’s Downing Street press conference, Matt Hancock hailed the new data from Public Health England as “extremely good news,” adding that it may help explain a recent drop in hospital admissions. “This shows, in the real world, across the UK right now, that the vaccine is helping both to protect the NHS and to save lives,” said Hancock. However, it is unclear whether either of the current jabs provide protection against emerging coronavirus variants. “In fact, the detailed data show that the protection that you get from catching Covid 35 days after a first jab is even slightly better in the Oxford job than for the Pfizer, albeit both results are clearly very strong,” he added. Share The government has already secured 50m doses of a “next generation” vaccine being developed by German biotech firm Curevac, that will be especially suited to tackling new Covid mutations. Six cases have been recored in the UK so far, including three in England and three in Scotland. Ministers are also looking at a potential booster dose which “could tackle these evolving mutations… much as we tackle mutations from flu,” the health secretary said. “The current vaccines have not yet been studied against this variant and we will need to wait further clinical and trial data to understand the vaccine effectiveness against this variant. In the meantime, it is important to retract cases of this new variant as closely as possible in order to limit a spread in the UK,” she added. The health secretary announced the government will plug an extra £1.65bn into the development of Covid vaccines, as ministers scramble to contain cases of a new Brazilian coronavirus mutation from spreading across the country. The variant is believed to be more transmissible than the original strain of the virus and may be more resistant to the UK’s two approved Covid vaccines. The Brazil strain, also known as the P1 variant or Manaus variant, has similar mutations found in the South Africa strain of coronavirus. New data from Public Health England showed that available Covid vaccines are around 80 per cent effective in preventing hospitalisation among over-80s Also Read: Single Covid vaccine is 80 per cent effective in preventing hospitalisations among over-80s New variants It comes after ministers rolled out surge testing in parts of Gloucestershire today to stamp out the spread of a new Covid-19 variant first identified in Brazil. German officials later U-turned on the figure, but the false headlines have been accused of sparking a slump in uptake of the Astrazeneca vaccine across Europe. “There’s a huge amount of underway work underway to ensure that we can develop the vaccines against variants as fast as safely possible,” Hancock added. An average of just five per cent of EU residents have received their first dose of a coronavirus vaccine, according to the European Centre for Disease Prevention and Control’s Covid-19 Vaccine Tracker. The figure is as low as 4.9 per cent in France and 4.2 per cent in Italy. The number of patients admitted to hospital each day with Covid has plummeted from a peak of 4,576 on 12 January to just over 1,100 last week. Single Covid vaccine is 80 per cent effective in preventing hospitalisations among over-80s Monday 1 March 2021 6:37 pm French President Emmanuel Macron has faced growing calls to apologise after claiming the jab was “quasi-ineffective” among older patients. Show Comments ▼ The UK’s chief medical officers last week downgraded the national Covid alert level, after announcing the NHS is no longer at immediate risk of being overwhelmed.last_img read more

UA president calls for action on DACA ahead of regents meeting in Juneau

first_imgEducation | Juneau | University of AlaskaUA president calls for action on DACA ahead of regents meeting in JuneauSeptember 13, 2017 by Adelyn Baxter, KTOO Share:Jim Johnsen attends a meet and greet in Juneau on July 7, 2015. He was a candidate for University of Alaska president at the time. (Photo by Jeremy Hsieh/KTOO)Earlier this week, University of Alaska President Jim Johnsen wrote Alaska’s congressional delegation urging it to quickly resolve the Trump administration’s directive to end the Deferred Action for Childhood Arrivals program, or DACA. The Obama-era immigration policy protected certain undocumented immigrants brought to the United States as children. Alaska has 138 DACA recipients, according to the Center for American Progress. Johnsen said in his letter that failing to resolve the issue through congressional action could prevent students from fulfilling their academic and professional goals and would ultimately hurt the state’s economy.The letter comes as the University of Alaska Board of Regents is meeting this Thursday and Friday at the University of Alaska Southeast campus in Juneau. It’s unclear if it plans to address the DACA issue. The regents will discuss a plan to create a College of Education at the Juneau campus, a proposal meant to respond to Alaska’s teacher shortage by filling those vacancies with UA graduates. Regents will also hear updates on Strategic Pathways, a plan to cut costs throughout the university system by consolidating academic programs, and campus efforts to improve the handling of sexual discrimination and assault cases in light of a Title IX investigation by the Department of Education. The regents livestream their meetings at this story:last_img read more

Scientists don’t know why ice seals are appearing in ice-free Unalaska

first_imgAlaska’s Energy DeskScientists don’t know why ice seals are appearing in ice-free UnalaskaMarch 6, 2018 by Zoë Sobel, Alaska’s Energy Desk Share:In early February, a yearling ringed seal turned up in Unalaska. (Photo courtesy of Melissa Good)In the past year, two ice seals have turned up in Unalaska — way outside their natural range. The first was spotted in late February 2017 and less than a year later another was photographed near town.Melissa Good, with SeaGrant, says ringed seals don’t belong in Unalaska.“Ringed seals are ice associated seals so they live and kind of work around the ice,” she said. “They want to haul out on the ice for pupping, molting, and resting.”Good has lived in Unalaska for seven years, and has only seen two ringed seals — both in the last year. She was able to send last year’s seal to the Alaska Sealife Center in Seward where the animal made a full recovery.But the most recent seal was not as healthy.“If you see a seal out of the water laying on a rock, it looks kind of like a sausage. It’s fat and it’s round,” Good said. “When you start being able to see it’s hip bones and you start seeing a hump on its back, that usually means it doesn’t have a lot of fat on it.”By the time Good was able to recover this seal, it was too late. The yearling had died. Results from a necropsy may shed some light on why there seem to be more ringed seals popping up in Unalaska.The pathologist will look for unusual bacteria, parasites, or viruses. Good thinks parasites might be the key.“A lot of the marine mammals that they are getting in to the [Alaska Sealife] center have heavier parasite loads then they have normally seen in the past,” Good said. “They are contributing a lot of these parasite loads to warmer water conditions.”It’s too soon to know exactly what’s happening, but Good says it could be a combination of things. At this point though, she isn’t too concerned. Good’s optimistic that with more community interest and awareness of marine visitors, she’ll be able to respond faster to stranded animals and better note changes in the environment.Share this story:last_img read more

As groups clamor for the vaccine, here’s how Alaska will decide who’s next in line

first_imgCoronavirus | Health | Southwest | State GovernmentAs groups clamor for the vaccine, here’s how Alaska will decide who’s next in lineDecember 21, 2020 by Nathaniel Herz, Alaska Public Media Share:A vial of the COVID-19 vaccine manufactured by drug companies Pfizer and BioNTech. (Jeff Chen/Alaska Public Media)The vaccines from drug companies Pfizer and Moderna are being hailed as a game-changing weapon in the fight against COVID-19, which has killed more than 180 Alaskans and infected tens of thousands more.But for the next several months, there will be far fewer vaccine doses available than people who want to receive them. And that presents the difficult question of who should get the shots first.Gov. Mike Dunleavy has the ultimate authority to decide, according to officials from his administration. But so far, the state has been heeding recommendations from a new advisory committee largely made up of health care providers, saying they’re best-suited to consider the science and data around the vaccine.The committee’s initial task of allocating vaccines to different groups of health care workers was narrow, and it has drawn relatively little scrutiny from the general public as the first shipment of 35,000 doses arrives from drug companies Pfizer and BioNTech.But its work is now entering a more delicate phase as additional doses become available. And letters are pouring in that underscore the tough dilemmas that some committee members didn’t realize they’d be asked to consider.Those seeking to assure their place in Alaska’s vaccine line include nonprofits, trade associations and even state agencies.Nurse Emily Schubert injects a dose of COVID-19 vaccine into the arm of Dr. John Thomas last week at the Alaska Native Medical Center. (Jeff Chen/Alaska Public Media)The Alaska court system says vaccinating its workers will provide “greater access to justice” through in-person proceedings.State legislative leaders want lawmakers and staff to be named essential workers, citing their importance to the state’s economic recovery and the aging Capitol building’s reputation as a “petri dish” for communicable diseases.The state already considers seafood processing workers to be essential, but companies have asked that they be considered a high priority within that group. They say the virus can spread quickly if it gets into their plants, and that many workers belong to minority populations disproportionately affected by COVID-19.But what about the truck drivers and warehouse workers who deliver goods to hospitals and nursing homes? They should be considered essential, too, argues the International Foodservice Distributors Association.Those requests represent just a fraction of those the committee has received so far, and it’s set to solicit more public testimony at a meeting later this month.Alaskans should know the committee is approaching the job with humanity and sincerity, said Mark Carr, a regional ethicist with Providence Health & Services Alaska and one of the committee’s 24 members. He stressed members are not making value judgments or applying some kind of “moral algorithm.”“Nothing could be further from the truth,” he said. “We’re going to identify a certain part of our structural system that we must keep running, so that we have a society left, so that we have a structure left that allows the groceries to be on the shelf and allows people to drive to the hospital.”Not what they signed up forThe Alaska State Hospital and Nursing Home Association, an industry trade group, organized the committee earlier this year at the request of Dunleavy’s administration, said Jared Kosin, the group’s president.A separate federal committee had recommended frontline health care workers and residents of facilities like nursing homes be the first to get the vaccine, in what’s known as “Phase 1a.”But the state wanted advice about how to apply the recommendations to Alaska, and help deciding exactly which health care workers should go first, because there wasn’t enough vaccine for all of them.Committee members include hospital executives, doctors, nursing home administrators, Fred Meyer pharmacists and leaders from Alaska’s tribal health care providers. They ultimately recommended, and Dunleavy’s administration agreed, to start with two tiers of vaccinations within Phase 1a.The first tier is nursing home residents and staff, plus hospital-based front-line health care workers “at highest risk.” The second tier includes emergency medical responders, people administering the vaccines and community health aides.At a meeting Sunday, the federal advisory committee voted that the next phase, 1b, will include the 19 million Americans age 75 and older, along with some 30 million front-line essential workers in places like schools, grocery stores, prisons and public transportation networks. It also said Phase 1c would include a second, broader group of essential workers, plus adults with pre-existing medical conditions and people ages 65-74.Alaska’s allocation committee will now have to consider how to translate those national guidelines into state-specific recommendations.Of several committee members recently reached by phone, all except Carr declined to be interviewed. Kosin said that’s likely because the group’s role has taken on a much higher profile than many of its volunteer members originally anticipated.“People did not necessarily sign up for that, nor did we foresee it,” Kosin said. “It’s people who are doing rounds in hospitals, caregivers in nursing homes, everyday physicians and others that have jobs that are just coming together to try to help with the public good and give advice.”Navigating an “impossible task”Now that the vaccine has arrived in Alaska, the committee has received some two dozen letters about allocation, according to a list provided by Kosin. Advocates for different organizations also spoke at the committee’s first round of public testimony Thursday evening.Among them were the Office of Children’s Services, part of Dunleavy’s administration, which wants its employees to be considered first responders. The Alaska branch of the American Civil Liberties Union, meanwhile, has asked that prisoners be prioritized, citing the huge COVID-19 outbreaks at state correctional buildings.Then there’s Coastal Villages Region Fund, a nonprofit that owns Bering Sea fishing rights that it uses to pay for social and economic programs in 20 Southwest Alaska rural villages — some of which have seen huge numbers of COVID-19 infections.CVRF has asked the allocation committee to recognize the region’s unique challenges, like dense multi-family housing, few health clinics and the lack of piped water and sewer systems in some places. The idea isn’t without precedent: In Tennessee, the state’s draft vaccination plan called for setting aside 5% of doses for areas that score highly on a CDC “social vulnerability index.”A shipment of COVID-19 Pfizer vaccinations lands in Bethel, Alaska and is transferred to a deep freezer at the Yukon-Kuskokwim Health Corporation on December 16, 2020. (Katie Basile/KYUK)Perhaps rural Southwest Alaska residents should be vaccinated around the same time as the Alaskans allocated doses because of medical conditions that place them at higher risk of severe illness from COVID-19, said Eric Deakin, CVRF’s chief executive.“I think most of our communities are at risk,” Deakin said in an interview. “We don’t think population centers should have priority over rural areas when they do this vaccine distribution.”Committee members are mindful of the challenges faced by rural Alaska, said Carr, the ethicist. But the allocation dilemma remains particularly vexing because Alaskans, and other Americans, are not used to contending with scarce resources, he added.“It’s not what we do. It’s not who we are,” Carr said. “Alaskans believe that our resources are absolutely unlimited.”The committee is trying to avoid using the word “prioritize” because it suggests that members value certain groups over others, Carr said. Instead, the overarching goal of the allocation process is maximizing the health and well-being of Alaskans, said Dr. Anne Zink, Alaska’s chief medical officer.That’s one reason the initial round of vaccine is going to the people who keep Alaska’s hospitals running and to facilities like nursing homes, Zink said.Alaska Chief Medical Officer Dr. Anne Zink stands on the Old Glenn Highway Footbridge over the Matanuska River on September 17, 2020. (Jeff Chen/Alaska Public Media)It’s not that those workers and residents are more valuable than others in the health care system, she said.It’s that if hospitals get overwhelmed because staff members are sick, deaths among the general public start to climb much more quickly, Zink added. Vaccinating nursing home residents means that fewer of them will end up severely ill and burdening hospitals, too, and it will allow the state to refocus its virus testing efforts away from those facilities and toward places like schools and restaurants, she said.Nonetheless, Zink acknowledged many Alaskans are unlikely to be satisfied with the state’s allocation decisions.“I wish I had better words to comfort Alaskans, to say that we’re trying to do this as fairly and equitably as possible. But it’s an impossible task, and I know it won’t feel fair to many,” she said. “I completely sympathize with that, and can understand why people would feel that way. But I can’t do much else about it aside from looking at data and science, and trying to be as transparent as we can.”Share this story:last_img read more

Clydesdale Bank just got slapped with a £20.7m fine – the biggest one of its kind in the FCA’s history

first_imgTuesday 14 April 2015 6:15 am whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Clydesdale Bank just got slapped with a £20.7m fine – the biggest one of its kind in the FCA’s history Tags: FCA Catherine Neilan Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Express Share Clydesdale Bank has been slapped with the largest PPI-related fine in the FCA’s history – nearly £20.7m – for “serious failings” in the way it handled complaints.The bank implemented “inappropriate policies” and provided false information to the Financial Ombudsman Service (FOS) between May 2011 and July 2013, the FCA said.  Because of the way complaints were handled, up to 42,200 out of a total of 126,600 may have been unfairly rejected, while a further 50,9000 upheld complaints may have resulted in “inadequate redress” for the customer.  The FOS had requested evidence of Clydesdale’s records on PPI sold to individual customers, but a team altered some of the printouts to make it look as though the bank had no relevant documents, and deleted all PPI information from a separate print out that listed the products sold to the customer.  The wrongdoing was carried out by “a team withint Clydesdale’s PPI complaint handling operation”  – senior management were not aware of the matter, the FCA said. Clydesdale settled at an early stage of the investigation, reducing the fine by 30 per cent from a £29.5m penalty. Georgina Philippou, acting director of enforcement and market oversight at the FCA said: “Clydesdale’s failings were unacceptable and fell well below the standard the FCA expects.   “The fact that Clydesdale misled the Financial Ombudsman by providing false information about the information it held is particularly serious and this is reflected in the size of the fine. “We have been very clear about how firms should treat customers who may have been mis-sold PPI.  In ignoring documents it held which were relevant to its customers’ complaints, Clydesdale failed to treat its customers fairly.” Clydesdale will review all PPI complaints handled prior to August 2014 and offering redress to any customers impacted by these failings. Clydesdale will be contacting all affected customers in due course. last_img read more

Lee Health administers first COVID-19 vaccines today

first_imgWATCH THE UNBOXING: AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments FORT MYERS, Fla. – Lee Health gave some of the first COVID-19 vaccinations at the healthcare system Tuesday, Dec. 22.The vaccine was administered during a live event at Gulf Coast Medical Center in Fort Myers. Three people were given the shot — a doctor, a nurse and one medical worker who transports clients. “This vaccine provides hope that we can soon put an end to this long, arduous journey,” Lee Health officials said.The first shipment of the vaccines were delivered to the hospital Tuesday morning. DOH-Collier bringing COVID-19 vaccines to homebound residents June 17, 2021 Lee Health employs more than 14,000 people. WATCH BELOW: Advertisement RELATEDTOPICS Donors with O+ blood type needed at Lee Health June 17, 2021 WATCH THE DELIVERY: Advertisement Health Matters: A Partnership in Medical Care June 13, 2021 AdvertisementTags: covid-19 vaccineLee Health AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Health Matters: Scoliosis Treatment for Children June 13, 2021 AdvertisementThe Pfizer vaccine must be stored at -94 degrees fahrenheit. People who get the Pfizer vaccine will need to get a second dose 21 days after their first shot.Gulf Coast Medical Center received 2,295 doses of the vaccine and Cape Coral Hospital got 1,950.last_img read more

Deaths in Laois – Friday, October 11, 2019

first_img TAGSDeathsDeaths in Laois Twitter By LaoisToday Reporter – 11th October 2019 GAA Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory GAA Here are all of Wednesday’s Laois GAA results Facebook GAA Below are the recent deaths in Laois.Ar Dheis De go raibh a anam.Michael (Mick) ManganLuggacurren, LaoisDeeply regretted by his loving wife Joan, daughters Angela, Norma, Clare, Gemma, Gail, Siobhan and Edel, sisters, brothers, sons-in-law, brothers-in-law, sisters-in-law, grandchildren, great-granddaughter, nieces, nephews, relatives and friends.Reposing at his residence (Eir Code R32 V051) from 4pm on Friday with Rosary at 8pm. Removal by Rigney’s Funeral Director’s at 11.45am on Saturday morning to arrive at the Church of the Holy Rosary, Luggacurren for Requiem Mass at 12 noon. Burial afterwards in Timahoe Cemetery.Patrick (Pat) ThompsonMaxwell Street, Dublin / Mountrath, LaoisThompson Patrick (Pat) (HSE, Dr. Steevens Hospital) (Late of Maxwell Street and formerly of Trumera, Mountrath, Co. Laois) October 9th 2019, peacefully surrounded by his loving family in the wonderful care of the staff of St. James’ Hospital. Beloved son of the late Martin and Alice and brother of the late Fintan and Maureen. Cherished brother of Bernie (Hughes) and Joe. He will be very sadly missed and forever loved by his sister, brother, brother-in-law, sisters-in-law, aunts, uncles, nephews, nieces, grandnieces, grandnephews, extended family, friends and neighbours.May he Rest in PeaceReposing at Massey Brothers Funeral Home, 109 The Coombe, Dublin 8, (Eircode D08 AK10) on Friday from 10 o’clock until 6 o’clock with family in attendance from 4 o’clock until 6 o’clock. Funeral Mass on Saturday in St. Teresa’s Church, Donore Avenue at 10 o’clock thereafter for Cremation in The Victorian Chapel, Mount Jerome at 11.30 o’clock. Family flowers only. Donations, if desired, to Ataxia Foundation Ireland. (Donation Box at Rear of Church). All enq to Massey Bros., on 4533333.Tiernan PowerDerrykearn, Abbeyleix, LaoisUnexpectedly. Deeply regretted by his loving parents Tom and Annemarie, sister, Cliona, grandmother, uncles, aunts, cousins, relatives and friends.Removal from his home on Wednesday to The Church of The Most Holy Rosary, Abbeyleix for 12 Noon Requiem Mass. Interment afterwards in St. Fintans Cemetery, Raheen.House private by request.Rest in PeaceWilliam (Billy) MurphyBellgrove, Ballybrittas, LaoisBilly passed away peacefully at his residence surrounded by his loving and devoted family in his 88th year. Billy will be greatly missed by his loving wife Millie, and his family Michael, Patrick, Mary and Catherine. Much loved grandfather of Aisleen, Gavin, Michelle, Shane, Amy, Katie and Eoghan. Predeceased by his brothers and sisters Breege, Connie, Dick, Tess, and baby brother Pat. Sadly missed by his brothers Tom (Galway) Mick, Jim (Rath) Fr. Sean (South Africa) Mary Mc Evoy (Portarlington) and Rose Dowler (Dublin). Daughter in-laws Geraldine and Kate, son in-law Frankie, nieces, nephews, relatives, neighbours and a large circle of friends. Reposing at his residence (R32 K63X) on Monday from 4 o’clock until 9 o’clock. Reposing on Tuesday from 4 o’clock until 9 o’clock with recital of the Rosary on both evenings at 8 o’clock.Arriving to the Sacred Heart Church Rath for 2 o’clock Requiem Mass on Wednesday. Interment to follow in the new Cemetery Emo.House Private on Wednesday morning please.SEE ALSO – Deaths in Laois – Thursday, October 10, 2019 Deaths in Laois – Friday, October 11, 2019 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Facebook Pinterest RELATED ARTICLESMORE FROM AUTHOR Twitter WhatsApp Home Deaths Deaths in Laois – Friday, October 11, 2019 Deaths WhatsApp Previous articleMidland science receives award from the Naughton FoundationNext articleMy Club and I: Portlaoise captain David Seale LaoisToday Reporter Pinterestlast_img read more

Obscure aims blur sanctions efficacy debate

first_img News AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] The international community has long struggled to rein in North Korea’s nuclear program. Initial diplomatic efforts have focused on normalizing relations through the proposal of joint agreements and multilateral negotiations, such as the Six Party Talks. When it became clear that these conciliatory gestures were failing, sanctions became the preferred foreign policy. In the wake of North Korea’s two nuclear detonations in 2016, the United Nations Security Council (UNSC) imposed some of the most comprehensive sanctions to date in the form of Resolution 2270 and 2321. These included bans on trading materials related to North Korea’s weapons program, scientific and technical cooperation with the DPRK, and trade in luxury goods. Critics of the sanctions have questioned the efficacy of such measures, pointing to the unabated pace of North Korea’s weapons testing in 2016 despite the sanctions. They cite the lack of commitment from key signatory members, and argue that economic sanctions burden the poor rather than the ruling elite. A recent seminar hosted by the Korea Economic Institute of America (KEI) held in Washington sought to unpack the relative efficacy of sanctions on North Korea.Kim Joong-ho, senior research fellow at the Export-Import Bank of Korea, opened the event with a summary of the ups and downs of North-South economic relations.  Kim noted that throughout the late 1990s to the early 2000s, the South Korean government took the initiative in providing aid to North Korea through numerous business projects, including the Inter-Korean Cooperation Fund. While this aid was strongly dependent on political conditions, the Sunshine Policy era of positive North-South relations saw the latter country’s economy improve significantly. Inter-Korean trade as well as North Korean trade with other countries increased, along with a rise in investment capital and the formation of new special economic zones. However, the majority of these activities were scaled back and eventually cancelled as North Korea’s increasing militarization and weapons testing became apparent. North Korea’s diplomatic relations with most other countries have also fallen to historic lows. The consequent toll on North Korea’s economy has been severe, and rigorous sanctions have the potential to push North Korea over the edge, which will have adverse effects for South Korea. On the other hand, Dr. Kim also noted the interesting rise of the jangmadang, North Korea’s network of markets, official or otherwise, While a planned economy had once reigned supreme, underground marketplaces run by ordinary North Korean citizens now thrive.  Kim’s concluding statements emphasized the role of China as North Korea’s lifeline in skirting the sanctions regime and the role of South Korea’s new government administration in Asia-Pacific’s increasingly complicated geopolitical landscape. Former President Park Geun Hye had tried to hedge the United States against China in the hopes of maintaining South Korea’s historically strong alliance with the former while pursuing the South’s regional interests with the latter. This approach to foreign policy was largely unsuccessful, having strained relations with the United States while achieving no tangible policy achievements with China. Against this backdrop, the incoming South Korean president will need a clearer strategy to deal with North Korea. Kim suggested that the next president will need to implement other measures alongside the current sanctions regime to bring North Korea back to the negotiating table. He further added that the future of US-China relations will greatly impact how the regional order in Asia-Pacific will reshape itself. The second speaker at the event, Cheng Xiaohe, associate professor at Renmin University of China, began his presentation by outlining the makeup of sanctions committees. He emphasized that despite the overwhelming number of experts that fill each of the nearly 20 sanctions committee groups, the sanctions have failed to halt North Korea’s weapons development program. They have additionally stunted North Korea’s economy and kept its citizens in poverty, a fact that Kim Jong-un uses as a rallying cry to mobilize North Korean citizens around him and maintain the country’s isolation, cutting off the few remaining avenues for outward connections with the international community.  On the other hand, Dr. Cheng acknowledged that the sanctions regime has succeeded in slowing down North Korean militarization by placing bans on fuel and weaponry parts. It has undermined North Korea’s diplomatic power, especially since China joined as a signatory to the UNSC resolutions, and has dealt a serious blow to the North Korean elite. This instability within the highest corridors of power has put a strain on the North Korean regime, which has led to a series of internal and external policy blunders.  However, the problem remains that the full force of the sanctions regime against North Korea is undermined by the lack of a united, multilateral front. Cheng highlighted the division between the United States and China, in particular. Such high levels of infighting among major stakeholders enable North Korea to evade sanctions, and the motivation for multilateral cooperation decreases. Moreover, Cheng pointed out that North Korea is familiar with sanctions, as it has dealt with bans on imports and exports in the past, and its ability to circumvent controls has improved. Alexander Gabuev, senior associate and chair of Russia in the Asia-Pacific Program at the Carnegie Moscow Center, explained the North Korea conflict from Russia’s perspective. He laid out the four main factors influencing North Korea-Russian relations: 1) nuclear security; 2) military security around the North Korea-Russia border area; 3) prestige; and 4) economic incentives to develop Russia’s Far East. In regards to the first point, Gabuev noted that Russia does not necessarily see North Korea as a major threat. The primary concerns it does have are related to dangers stemming from nuclear proliferation and accidents. Otherwise, the Russian leadership understands Kim Jong-un’s desire to further develop nuclear weapons as a deterrent to US imperialism and points toward the US example in Libya as a consequence of not doing so. North Korea’s weapons program is inextricably linked to regime survival, and Russia does not see sanctions—or anything, for that matter—stopping North Korea’s weapons program. Secondly, similar to China, Russia is concerned over military security surrounding its border with North Korea. It is worried about an increasing US presence on the Korean Peninsula, and the Russian leadership fears that military precautions taken by the US, such as implementing THAAD (Terminal High Altitude Area Defense) within South Korea, will undermine its sovereignty. The consequent security dilemma is reminiscent of Russia-US antagonism during the Cold War, from which historical animosities remain. Russia is also concerned with its international prestige, and seeks to reassert itself as a global power. According to Gabuev, it is for this reason that Russia revels in its permanent seat on the United Nations Security Council. This notion drives Russian support for grand, multilateral actions on the international stage and is the primary motivation behind Russia’s approval of the sanctions regime against North Korea. Russia has also long been interested in developing its Far East region. It has numerous planned investments for railways, gas pipelines and electricity grid projects with both South and North Korea. It also believes that improved business ties with North Korea will make the latter more accountable and reduce its belligerence. However, nothing concrete has ever materialized, and the current sanctions regime against North Korea has effectively quashed any opportunities for economic collaboration. Gabuev’s concluding comments emphasized that sanctions against North Korea did not provide a substantial advantage to Russia. They do not radically reduce military tensions within the Asia-Pacific region, and they significantly impede Russia’s economic ambitions in the Far East. Especially in contrast to the disadvantages of not supporting the sanctions regime and allowing the United States to take control of the situation, the Russian leadership may have more to lose if it does not stake a foothold in this regional conflict.  The final panel participant was Jim Walsh, senior research associate at MIT’s Security Studies Program. His research focuses on defectors and explores how they evade sanctions. Walsh explained that sanctions have garnered mixed responses from academics and policymakers alike. Most experts agree that sanctions must be coupled with other foreign policy tools, as they are largely ineffective alone. In regards to North Korean sanctions, Walsh presented four major points: 1) there should be more sanctions imposed against North Korea for greater effect; 2) there must be better implementation of current sanctions for impact; 3) structural factors enable North Korea to evade sanctions regardless of multilateral action; and 4) North Korea has adapted with complex sanctions evasion techniques, and the United Nations has been unable to keep up with these countermeasures. On the question of whether North Korea sanctions are working, Walsh explained that the answer is dependent on whom the sanctions are targeting and what their overall objectives are—does the international community mean to sanction the government or the people? Is the purpose containment, forced isolation or something else? Technically, he noted, sanctions have not achieved the primary outcome of halting North Korea’s weapons program. Economic pressures resulting from such bans have had little effect in coercing the North Korean elites, who simply shift the burden onto the general population. On the other hand, sanctions have succeeded in increasing the price of material procurement for the North Korean leadership and have led to intercepts of sanctioned materials. They have also politically isolated the regime and have successfully turned up the heat on North Korea over its human rights abuses.Walsh concluded the panel event by suggesting that more research needs to be done to create effective policies toward North Korea. Walsh emphasized that Washington’s leadership must not view North Korea as an irrational state. Such an oversight will lead to misinformed policies that do not address the nuances of the region’s geopolitical landscape. Hamhung man arrested for corruption while working at a state-run department store By Daily NK – 2017.04.15 1:13pm North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) SHARE RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter News News Obscure aims blur sanctions efficacy debate News North Korea hikes “party contributions” Russia-based workers must pay by 30-55%last_img read more

Retirees wish they had started saving decades earlier: poll

Survey finds Canadians aren’t sure how much they’ll need for retirement The other top suggestions from retirees are: contribute the maximum amount to your RRSP each year (44%) and pay off all debts before retiring (43%) The poll revealed that the majority (60%) of working Canadians do not plan to save for their retirement as long as today’s retirees recommend, with 15% saying they will spend less than five years saving for retirement: 9% said they will save for less than five years and 6% said they won’t actively save for retirement at all. In contrast, when retirees were asked how long they think they should have saved for their retirement, more than two-thirds (69%) said they should have saved for their retirement for more than 25 years. The poll found that a significant number of working Canadians plan to work longer than current retirees did during their careers. About two-thirds of working Canadians expect to retire in their 60s (64%): 28% in their early 60s and 36% after 65. Sixteen per cent think they will keep working into their 70s. This is later in life than current retirees, who said they left the full-time workforce in their late 50s (36%) or early 60s (25%), with only 3% working into their 70s. Thirty-nine per cent of working Canadians expect to retire with some debt, despite retirees’ advice that they should try to tackle it before leaving the workforce. TD Bank Group commissioned Environics Research Group to conduct an online custom survey of 2,407 Canadians 25 years of age or older, including 1,251 working Canadians and 929 retired Canadians. The total sample was weighted by age, gender and region to be proportionately representative of the Canadian population 25 years of age and older. Responses were collected between Dec. 5 and 11, 2012. Earnings surge for Great-West Lifeco in Q4 Related news Keywords Retirement Canadian retirees have a wake-up call for the majority of working Canadians who expect to retire in their 60s: stop procrastinating and start saving for retirement now. According to findings from the TD Retirement Realities Poll, the top piece of advice retirees have for working Canadians is to save more money by creating a budget and sticking to it (52%). IE Staff Snowbirds win legal battle to reinstate out-of-province medical coverage Facebook LinkedIn Twitter Share this article and your comments with peers on social media read more

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