U.S. Coast Guard seizes 567 kilograms of cocaine

first_img [The Miami Herald (United States), 01/07/2013; CBS (United States), 01/07/2013] MIAMI, U.S.A. – Crew members of the U.S. Coast Guard cutter Northland on July 1 unloaded 567 kilograms of cocaine it seized during a counter-narcotics operation in the Pacific Ocean off the Costa Rican coast on May 29. Lt. Cmdr. Gabe Somma, a Miami Coast Guard spokesperson, said six suspects were arrested in connection with the seizure. The U.S. Coast Guard interdicted about 236,000 pounds of cocaine worth US$3.5 billion and 124,000 pounds of marijuana worth US$112 million during the 2012 fiscal year, Somma added. The interdiction was another success scored under Operation Martillo, a regional counter-narcotics mission that brings together Western Hemisphere and European countries to cut the flow of illicit drugs through Central America. The operation is led by Joint Interagency Task Force South, based in Key West, Fla., but it relies heavily on working with law enforcement and military agencies in other countries. By Dialogo July 02, 2013last_img read more

America East conference postpones competitions, Bearcats to play no games in fall

first_imgIn the best interest of the health & safety of its student-athletes and campus communities, the America East & its member institutions announce a postponement of fall sports for the duration of the first semester.Release: https://t.co/vfwC1XFB7HFAQ: https://t.co/OBX3V7bVw0 pic.twitter.com/NQz9fu80Gq— America East (@AmericaEast) July 17, 2020 The conferences says it will continue to monitor the pandemic and make a decision regarding winter sports at a later date. Health and safety of its players, as well as the importance of a successful return to campus in the fall were some of the reasons listed for the postponement. This means the Binghamton Bearcats will not play any games. (WBNG) — The America East Conference has postponed its Fall 2020 season due to concerns over the coronavirus.last_img read more

Wholesale marketplace Ula secures $10m in seed funding

first_img“A typical [small traditional] store has an 8 to 10 percent cost advantage over modern retailers given that they are usually tax exempt, employ their own family and operate out of their homes,” said Ula’s cofounder Derry Sakti in a written statement on Wednesday.“Yet they are not competitive because of a lack of access to wholesalers and have limited working capital.”He added that small shops sometimes needed to buy supplies in bulk to get better rates, even though they did not require such large amounts.At present, Ula mostly serves customers in East Java, but plans to expand its operations across Java. It also seeks to widen its product range from daily necessities to other categories such as apparel and electronics. Newly established Indonesian wholesale marketplace Ula said it has received US$10.5 million in seed funding led by Sequoia India and Lightspeed India, as it seeks to expand its consumer base across Java.The company, which was launched in January, also received investments from San Francisco-based Alter Global, Sinar Mas-backed conglomerate SMDV, among others, along with several angel investors including Patrick Walujo of private equity firm Northstar.Ula focuses its business on the small store owners, allowing them to buy only the inventory they need, instead of in bulk, while also offering working capital credit. Ula reported it had enjoyed tenfold growth since January with customers returning to buy up to three times their initial volumes, despite the large-scale social restrictions (PSBB) implemented since March to curb the spread of COVID-19.The company cited that in emerging economies like Indonesia, traditional retail contributed to nearly 80 percent of the retail market, employing millions of Indonesians.Last year, more than 2.8 million sellers traded at over 15,600 markets across the country, according to data from Statistics Indonesia (BPS).Sequoia Capital Singapore managing director Abheek Anand said that most retailers in emerging markets like Indonesia were dealing with inefficiencies in the supply chain, inventory and working capital management.“With more and more Indonesian SMEs becoming open to adopting technology, platforms like Ula are an easy, affordable and scalable solution to help these retailers streamline their businesses,” he said.Topics :last_img read more

Traditional charm and character meets modern style and class at this Ascot residence

first_img128 Lancaster Rd, Ascot.Entire walls of glass concertina doors combine the inside with a spacious outdoor courtyard, which boasts established gardens and room for outdoor dining. The first floor also includes a powder room, study and two bedrooms. One bedroom is housed in the original living room, complete with parquetry floors, a fireplace, leadlight windows, an ensuite and walk-in wardrobe. The main bedroom, meanwhile, features an oversized walk-in wardrobe and a graceful ensuite with elongated vanity. Timber stairs with a glass balustrade lead down to the ground floor, where a lounge room with polished hardwood floors, kitchenette and built-in shelving and television cabinet take centre stage. 128 Lancaster Rd, Ascot.The striking interior is highlighted by a vast entertaining area comprised of a semi-secluded retreat with gas fireplace, lounge room with built-in shelving, and dining room with quaint window seating. More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019A kitchen brings it all together, featuring white stone benchtops, a walk-in pantry, and quality European appliances, including a gas stovetop and three-door Leibherr fridge. Large clerestory windows ensure an abundance of natural light, while ducted airconditioning maintains year-round comfort. 128 Lancaster Rd, Ascot.128 Lancaster Rd, AscotDesigned by renowned architect Harry Polous, this residence is a picture of modern class, intermingled with yesteryear charm. Nestled on a 653sq m block, it draws in the light and serenity of its natural surrounds through high ceilings and thoughtfully-placed windows and gardens.Stairs lead up past established gardens to the first floor’s regal porched entry.center_img 128 Lancaster Rd, Ascot.Multiple glass doors open out to a timber deck and established gardens. The two downstairs bedrooms both have walk-in wardrobes, as well as private access to the shared bathroom, which boasts a double vanity and frosted-glass shower. Multiple storage closets, a large utility room and a three-car garage provide ample storage space. Listing agent Colin Walters said this renovated property was a truly unique offering in the heart of Ascot, finished to the highest standard with exceptional attention to detail.last_img read more

Jeremy Woolfe: British officials fret over EU pension obligations

first_imgFurther reinforcing the position of British personnel is Article 83 of the EU staff regulations, which states that “benefits paid under this pension scheme shall be charged to the budget of the Union”, while member states “shall jointly guarantee payment of such benefits”.Félix Géradon, of the Union Syndicale, the major union for public-service employees, thus says that one could imagine the remaining EU member states could well request that the UK assume some responsibility for the overall pension expenditure, as part of the ultimate Brexit agreement.As for background figures, the total annual outgoings towards pension payouts for all national groups and for all the EU institutions are estimated, by the Commission, at more than €1.6bn for this year. It is on this – and on the basis that UK participation in the total head-count is low (3.8% in the Commission itself, for example) – that the annual €16.4m pension cost for Brits is based.When it comes to capital liability, according to a Commission source, the EU officials’ pension scheme functions as a “notional fund”, not as a pay-as-you-go scheme. Hence, the argument is, if the liability were to be handed over to a fund, it would have been, for 2014, €58bn. This pension liability is as calculated annually under the International Public Sector Accounting Standard (Ipsas-25). Along the same lines, the total proportion of capital liability for the UK appears to be around €2.2bn.  Evidence of anxiety among British pension beneficiaries, present and future – including, presumably, from Brits in the London-based European Banking Authority – is in the air. One senior British official in Brussels tells IPE that instructions had been sent to Commission staff not to answer questions from the press. And, unusually for him, he did not.Another commentator adds to the disquiet – a Commission retiree informs IPE that enforcement of any judgment, from the European Court of Justice would be beyond the remit of the court. Backing this up, the court itself states that it is up to the relevant member states to implement any ruling.Bearing this in mind, when it comes to the crunch, will the 27 national governments remaining in the EU take their payment-obligation position lying down? Will they agree, during forthcoming Brexit negotiations, to have their taxpayers support the “treacherous” interests of its British “adversary”? And could the opposite, then, apply to any future UK government as well?All of these unanswered questions would seem to justify British officials’ increasingly nervous nail-biting. Our man in Brussels wonders where the post-Brexit burden of UK officials’ pensions might lieFuture negotiations over the UK’s shock decision to leave the European Union (EU) could raise questions over annual payments and capital liability related to pensions for British citizens who work, or have worked, at the various EU institutions. On current estimates, the sums involved represent around €16.4m per year, or a capital total of something to the tune of €2.2bn.As a result, there exists some disquiet among the estimated 1,730 UK nationals now retired from EU institutions. Also involved are the existing British-citizen, EU employees with future pension claims. Their total head count is roughly the same, and includes a precise 1,164 currently working in the European Commission.The vital question is where the burden should fall following the finalisation of the Brexit process. From a legal point of view, the remaining EU 27 member states will have to continue paying the pensions of former staff. This position was supported by a recent letter from EC president Jean-Claude Juncker to British personnel, reassuring them that they “remain Union officials”. Martin Schultz, head of the European Parliament, related a similarly cosy message.last_img read more

Owner of largest UK private sector DC master trust creates CIO role

first_imgAs founder and administrator of The People’s Pension, B&CE will work closely with the trustees to help develop the investment strategy.Aspinall ran his own consultancy before joining B&CE, which he set up after leaving Willis Towers Watson in 2016. He was head of defined contribution (DC) investment consulting at Willis Towers Watson in the UK for four years.He was head of DC and communications for the Barclays Bank UK Retirement Fund before joining Willis Towers Watson.Aspinall was chair of the resource and environment board of the Institute and Faculty of Actuaries until July, where he worked to raise the profile of climate change as a consideration for the actuarial profession.Patrick Heath-Lay, CEO at B&CE, said Aspinall brought with him “impressive experience” of creating and implementing investment strategies within the DC market. This would allow B&CE and The People’s Pension “to maximise the effectiveness of our assets and crucially, improve investment outcomes for the group and its members”.Aspinall said: “I am delighted to be joining B&CE, which offers the rare opportunity of working in a not-for-profit environment, to influence the shape of the DC industry, and all dedicated to the benefit of millions of members.”The People’s Pension is the largest private sector multi-employer pension scheme in the UK, with 3 million members and over 65,000 employers. It was created for auto-enrolment. NOW: Pensions, another UK DC master trust provider, recently named Troy Clutterbuck as interim chief executive officer to replace Morten Nilsson, who led the firm since its launch in 2011. The parent company of UK master trust provider The People’s Pension has appointed Nico Aspinall to the newly created role of chief investment officer in anticipation of rapid growth of funds under management.He will be responsible for the investment strategy of The People’s Pension and the other asset pools within B&CE, which had £2.9bn (€3.7bn) of assets under management as at the end of March 2016.A spokesperson told IPE that B&CE had from the outset planned to strengthen its investment capability over time. As it was expecting rapid growth it said it was the right time to bring in a CIO to lead the investment strategy team and drive the investment strategy.The independent trustee board will continue to make the investment strategy decisions, and investment management will continue to be with State Street Global Advisors.last_img read more

Africa needs 12 Billion dollars needed annually to harness renewable energy

first_imgThe World Bank has challenged Africa to do more to harness its renewable energy potential and help connect more communities to electricity. Africa needs an estimated 10 to 12 Billion dollars worth of investment annually to achieve renewable energy targets over the next 15 years.Over the last ten years Africa has generated 10,000 MW of renewable energy at a cost of 21.7 billion dollars. Solar,wind,hydro power and geothermal energy sources in countries like Morocco,South Africa,Ethiopia and Kenya are providing the much needed power to the nations.Investment in the energy sector in Africa in 2014 accounted for 39 percent of the total 326 billion dollars that was invested in infrastructure and energy in that year. The investment on clean energy is 6 billion dollars.The world bank says Africa still needs to do more to utilise its potential.Studies suggest a targeted increase of 100 GW of renewable energy in Africa over the next 15 years will require 10-12 billion dollars per annum. A clear indication that huge financial resources are required to implement national or continental plans.Africa highly aspires to industrialize as soon as possible but power supply can stand on its way.That is why efforts of aggressively investing in energy ,especially renewable energy sector remains to be priority number one for.last_img read more

Doctors want ban on skin-lightening products

first_img 72 Views   no discussions Sharing is caring! Share Share Tweetcenter_img HealthLifestyle Doctors want ban on skin-lightening products by: – January 16, 2013 Share At least one person has reportedly been diagnosed with cancer in Antigua after using a skin-bleaching agent.ST JOHN’S, Antigua, Wednesday January 16, 2013 – Doctors in Antigua and Barbuda are preparing to lobby Cabinet officials to draft and enact legislation to limit the importation and use of skin-lightening products.News of this development was revealed by Caribarena Antigua in a report that quoted physician Patrick Matthew as saying that skin-lightening among the nation’s women had reached critical levels with life-threatening consequences.Matthew reportedly said that recent tests conducted in Antigua revealed alarming levels of mercury in some of the products available, and at least one person has so far been diagnosed with cancer after using such products.The young woman in question has since left for Canada, where further tests will be conducted to confirm the diagnosis and treatment options, according to Caribarena.Matthew reportedly explained that the woman had been diagnosed with high levels of ototoxicity, with unacceptable levels of mercury present.Caribarena further quoted the doctor as saying that residents have seemingly been buying black market products that have been banned in some countries like Jamaica, where skin-lightening practices had to be legislated.Mercury intake is reportedly known to have significant, harmful side effects, including brain damage and birth defects.“We are going to be looking to get some kind of legislation passed to protect our women from the dangers they do not know,” Dr Matthew was quoted as saying.Dermatologist Dr Maria Periera and Dr Jerry Simon are said to be among the local physicians prepared to take the proposal to Cabinet.Similar concerns about skin-lightening agents have been raised in several parts of Africa, according to a recent report by the BBC.Caribbean 360last_img read more

Duterte hands-off in House review of K-12 program

first_img Earlier, the Department of Education (DepEd) reiterated that it has no plan to repeal K to 12 and stood pat on its claim that it is a “prompt necessity.” “We will leave it to the wisdom of Congress… It’s Congress that will decide,” Panelo said during a Palace briefing. According to Panelo, it will be the Congress who will decide whether to pursue with the program or not. MANILA – President Rodrigo Duterte will not be interfering with the House of Representatives’ plan to review the K to 12 basic education program, his spokesperson Salvador Panelo said. “These two are not one and the same. The implementation of the K to 12 Program has seen numerous gains for the basic education system,” the DepEd said. House of Representatives Speaker Alan Peter Cayetano said that despite the promise that “K to 12 would prepare students for future employment, many public schools might not be ready for K to 12 due to lack of classrooms, facilities, equipment, and personnel.”center_img “Pushing it back might prove detrimental to increasing demands on education,” the agency said. DepEd clarified that reported plans to repeal K to 12 are misinformed and different from the plan of the Commission on Higher Education to “review and change the system for its K to 12 transition program. President Rodrigo Roa Duterte. PCOO DepEd attributed to K to 12 the results of the Senior High School Program which surpassed expectations in enrollment and transition rates./PNlast_img read more

July 14, 2017 Police Blotter

first_imgJuly 14, 2017 Police Blotter071417 Batesville Police Blotter071417 Decatur County EMS Report071417 Decatur County Fire Report071417 Decatur County Jail Report071417 Decatur County Law Reportlast_img