BP-Rosneft deal blocked again

first_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com A $16bn (£10bn) share exchange between BP and state-owned Russian counterpart Rosneft has been blocked again.An arbitration panel upheld an injunction on the deal, but gave BP more time to hammer out a solution. Russian shareholders of TNK-BP – an earlier joint venture of the UK firm – have argued that the Rosneft tie-up breaks undertakings BP made to them.The injunction against the share swap and a related Arctic exploration deal was already confirmed once last month.Following that earlier ruling – which blocked the entire package of agreements with Rosneft – BP asked the arbitration panel to reconsider the share swap as a separate stand-alone deal.Under the deal, Rosneft would take five per cent of BP in exchange for about 9.5 per cent of Rosneft.The UK oil firm had been up against a tight deadline, with its agreements with Rosneft needing to be consummated by 14 April, or else they would expire. whatsapp Show Comments ▼center_img whatsapp Friday 8 April 2011 6:55 am Tags: NULL John Dunne BP-Rosneft deal blocked again last_img read more

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The Card Factory share price is on the rise. Should I buy now?

first_imgThe Card Factory share price is on the rise. Should I buy now? I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images. Enter Your Email Address Card Factory (LSE:CARD) is one of many businesses that took a major hit during the pandemic. And Its share price took a 60% tumble over the course of 2020. But since January this year, the Card Factory share price has been on fire. So much so that over the last 12 months, it is up around 105%. Why is it now surging? What caused it to fall in the first place? And should I be adding the stock to my portfolio? Let’s take a look.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Why did the Card Factory share price crash in 2020?During the early days of the pandemic, lockdown forced Card Factory to close its stores around the UK. Its share price crashed by over 60% in a matter of weeks. And based on its interim earnings report, I can see why.Total revenue fell by half, profitability went out of the window, and dividends were suspended. However, there were some positives — specifically, online sales grew by an impressive 64%.Before the pandemic, this revenue source remained mostly underdeveloped. Consequently, while this surely helped mitigate the impact of Covid-19, it wasn’t able to prevent the business from making a loss. By comparison, its online competitor Moonpig thrived throughout 2020 and saw its bottom line grow by 125%.Why did the Card Factory Share price double in 2021?In February, the UK government announced its plans to begin easing lockdown restrictions in England. Under the proposed roadmap, non-essential stores, like the ones belonging to Card Factory, are set to reopen in April. The same is true for Wales.This is undoubtedly fantastic news for the card and gift retailer that currently has over 1,000 stores around the UK waiting to reopen their doors. It may take a while for the business to return to pre-pandemic levels. But this latest development does give investors hope to see the revival of the stock’s famous 18% return on capital employed and its 5% dividend yield.Should I buy now?While the pandemic may soon be coming to an end, Card Factory has many challenges to overcome. Personally, I would like to see it focus on expanding its online operations, even after the lockdowns have ended. Let me explain why.A quick glance between Moonpig’s and Card Factory’s income statements reveals a glaring difference in the level of profitability. Card Factory’s operating profit margin is a mere 7.6% versus Moonpig’s 21.7%. That’s quite a substantial difference that seems to be caused by the former having a network of physical stores.Over the years, this network has helped develop Card Factory’s brand. But it also introduces substantial operating expenses such as rent and staff salaries. The latter proved to be particularly troublesome towards the end of 2019 when the company issued a profit warning following an increase in the national living wage.What’s more, the firm now has a lot of additional debt to contend with. And is already in breach of previously established debt covenants. The banks have agreed to provide waivers and support through refinancing options, but this only delays the problem. If the government decides to change the current roadmap, it could hurt the business and its share price.Overall, it does look like it’s on track for a recovery over the year. But for now, I’d rather wait and see before buying. Zaven Boyrazian does not own shares in Card Factory. The Motley Fool UK has recommended Card Factory. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Sharescenter_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Zaven Boyrazian | Saturday, 13th March, 2021 | More on: CARD “This Stock Could Be Like Buying Amazon in 1997” See all posts by Zaven Boyrazian Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

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How to make it as a radio broadcaster: Ian Robertson

first_img At the workplace: Robertson prepares to commentate on England v Wales in the Six Nations LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS You have also penned a number of books including a biography of actor Richard Burton?“That was because of Richard Burton’s brother, Graham Jenkins worked in BBC Radio Sport and after Richard died the family wanted to put out a biography of him and I helped pen the first draft.One of the greats: Roberts penned the autobiography of the iconic Gareth Edwards“However, we realised it wasn’t full of all the great actors that had worked with Richard because neither myself nor the publisher knew them. So we brought in a specialist guy who was in the theatre world who put it together while keeping some of the biographical detail that I had done about his upbringing in Pontrhydyfen. He rewrote the bulk of the book but still gave me a great credit.“I have also done four books with Gareth Edwards and I co-authored Andy Irvine’s autobiography and Bill Beaumont’s. I used up quite a lot of paper in those days.”Radio remains your fondest medium?“I love radio, it is instant and it is just a great part of the media. I am very, very lucky and very, very privileged to have had such a run. Every Lions tour since 1983, every World Cup as a commentator and every England tour abroad. It has been a wonderful, wonderful life.“Rugby people by and large are great people, very easy to work with, there are some pretty bright guys playing rugby, and interviews the vast majority will make an effort to give a very good interview.”Has the role of commentator changed during your career?“I don’t think the art of commentary has changed much. It is easier now as there is far more assistance, for example the TMO, when you are not sure why a penalty has been given, which happens from time to time, and you can hear the referee, we’re wired up now, we weren’t of course 40 years ago, and we can hear every word from the referee, what he is saying to the players and what is going on, why he is awarding this or that, going to the TMO and hearing him describe what he thinks has happened and why he thinks it is or isn’t a try.Iconic moment: Robertson commentated on the 2003 World Cup win“But the actual art of doing the commentary is more or less what it has always been, trying to get over the emotion, the passion, the excitement, everything that is going on in a game of rugby and making sure that you can translate that for the listener and get them every bit as excited as you as a commentator are.”You most have many memories but England’s World Cup Final triumph in 2003 must stand out and your famous ‘He drops for World Cup glory’ line?“The art of commentary is the last of the great ad-lib shows on radio and TV, it’s live and it’s the ability of the commentator to capture every bit of the emotion and accurately describe what is happening. “My position was way up in the back of the stand which would have been about 50 yards from the near touchline and this was going on in the middle of the pitch slightly on the far side. So they would be the best part of 90 yards away from where I was and when he struck the ball with his right foot having said Jonny is going to drop for World Cup glory, I suddenly grabbed my binoculars and stuck them up to my head and kept talking as it was his right foot and we knew he had never kicked a drop goal with his right foot in a big match.“The words just came tumbling out and I wasn’t even aware of it at the time. Then there was the restart and mike Catt kicked the ball away and the final whistle went – and I didn’t think too much about it, I just remember thinking thank goodness that was Jonny’s drop goal and not Mike Catt…It wasn’t until we listened back that night that and realised that we nailed that – and it’s been played a few times since.”Unforgettable moment: Robertson says to convey the emotion on the pitchIan Robertson’s top tips for a career in radio broadcasting:+ Do your homework!“Follow Bill McLaren’s example and be prepared. If a player is injured then be able to talk about them non-stop for 2-3 minutes.” + Say what you see“You don’t state the blindingly obvious on TV but with radio the listener could be driving up the M1 and they do not have a picture in front of them…so paint a picture for that person.”+ Embrace the pressure“The pressure is always there but you live with it and enjoy it. You have got to have the adrenalin flowing through you if you are going to capture the essence of the match whether it is a big game or a club game.”+ Swallow a dictionary“Make sure you practice. Go to a match and commentate, sit there and describe it and always have something to say. Just describe what is happening in front of you at full volume with every word in the dictionary at your disposal.” By Graham JenkinsThe Forward Pass Podcast – Ian RobertsonWelcome to The Forward Pass, a series of conversations with leading rugby union journalists, broadcasters, presenters and photographers who will offer the next generation of media professionals – and fans – an insight into how they cover the sport.The latest industry veteran to join host Graham Jenkins to reflect on a colourful career both playing and reporting on the sport is BBC Rugby correspondent Ian Robertson.Read extracts from the podcast and listen to the complete conversation below.Injury brought a premature end to your international career at the age of 25 – did you feel robbed of many more Test caps? “I did the cruciate ligament in one knee and the medial ligaments in the other and if I had been a horse they would have shot me so that was the end of it…“It’s just life isn’t it? Loads of rugby players get injured and it is part and parcel of the game, I wasn’t huge, I was 12st and 5ft 8in and there were some lumps going around in our team like Peter Stag who was 6ft 10in and 18st, so there were big lumps of meat charging around rugby pitches even back then.”You went back to teaching but a career in the media beckoned?“Yes, the world works in wonderful and mysterious ways. I was teaching at Fettes College in Edinburgh and because I got injured I missed all of the Five Nations in 1971 and in fact never recovered properly to play at a top level again. The following year a great man that everyone will know, called Cliff Morgan, came up to Edinburgh to visit me and I met him in Princes Street at the Balmoral Hotel and he said that he was switching from radio to do TV where he would share the rugby with Bill McLaren. Cliff was very versatile and a brilliant broadcaster, and he said that there’s a gap for someone in radio – ‘are you interested?’Influence: Robertson was given an opportunity by the great Cliff Morgan (far right)“I said ‘I am!’ and we had a long chat about it, and he said I would have to come down for a formal interview and before I got there on that day he had had a long chat with me and told me what they were looking for, this is what it is all about, I know you will be capable of doing it and I know you will do it really, really well so I went down and had my interview and got the job – and that was the start of it all back at the beginning of April, 1972.”Were you looking for a move into the media?“No, funnily enough I was very happy teaching. I taught English and History at Fettes, loved the job and it was sheer chance that my injury came in 1971 and this was a year later. It never crossed my mind, but when he turned up and described the job I just thought I would love to do that and I’ve loved every minute since.“I’ve seen an awful lot of great moments, some disappointing moments but it was a wonderful opportunity to follow the game I love.”Do you remember the first game you called?“It was a strange game, Rosslyn Park v Coventry, and it was not a great position to be commentating from but I did. I learnt all the names and had a great, great friend who was the greatest rugby commentator of all time who was Bill McLaren and I spent a lot of time with him. I went up to Scotland for several days and discussed everything with him and he told me how he went about it, which was a pretty good blueprint for any potential commentator whatever the sport. The voice of rugby: The incomparable Bill Mclaren and now World Rugby president Bill Beaumont“For each game he had a set of notes that had roughly 1,200 statistics on them. Every player in the match got four lines and there would be seven or eight statistics on every line and they would be in four different colours, blue, red, black and green and if a player was injured he would know immediately what colour to go to and which fact he was looking at.“He would do it for Scotland v England – he’d do it for Jed-Forest v Gala. He did it for every match and would phone the secretaries and get the details of all the players, the number of injuries they had had, facts and figures and he said if a player is injured and it looks bad I will be able to talk about him for three minutes without any problem at all as I will have it all in front of me although, he said, I tend to learn it all off by heart every week and don’t often need to look at my notes!“With that sort of help at the very beginning I knew at least what I should be doing and how important it was to have a huge bucket full of facts and figures for every match.”You were certainly blessed to be able to learn first-hand from two greats like Cliff and Bill?“Yes. It wasn’t a bad couple of people to befriend on the outset of the tour of the world of rugby. Both were such brilliant, brilliant people and such great fun, I was doubly blessed, there’s no question about that. “Bill and I stayed friends throughout our…he was just a brilliant commentator and he would put in these countless hours of work to make sure he wouldn’t be in trouble if anything happened he would be able to keep talking about it and of course he had a wonderful turn of phrase…TV and radio are two different art forms and Bill was the consummate master of both.”You also had a spell writing for the Sunday Times?“I got an offer from the sports editor of the Sunday Times in 1980, John Lovesey. The long-term correspondent there was Vivian Jenkins who was one of the all-time great journalists and he’d retired and his successor John Hopkins was switching to golf. I talked about it with one or two of my colleagues at the BBC and they said that it would be a great thing to do even if you only did it for five years and then came back to broadcasting.“I was the luckiest lad on earth because I talked about it to the head of sport at the BBC and he said they would still like me to work for them…which meant I was able to keep broadcasting.”center_img Tips from making it as a radio broadcaster from former Scotland scrum-half and now legendary BBC Radio commentator, Ian Robertson + Sell the game“Try to convey the emotion, the passion, the excitement, everything that is going on in a game of rugby and make sure that you can translate that for the listener and get them every bit as excited as you as a commentator are.”last_img read more

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What U.S.-China trade relations reveal

first_imgMuch has been revealed about the world’s two largest economies in the fallout from the tariffs imposed by the U.S. government on goods from China —  and that country’s response.When the Trump administration announced on May 10 that it was imposing a new 25 percent tariff on $200 billion worth of goods imported from China, nothing dramatic happened in the stock markets of the two countries. The Shanghai composite stock index fell only slightly and is still up by 15 percent for the year.Trump then tweeted a warning: “China should not retaliate — will only get worse!”His imperialist arrogance had no effect. In less than two hours, China did retaliate, but carefully. It announced it would put tariffs ranging up to 25 percent on $60 billion worth of U.S. goods.That was later on the same day, May 10. In reaction to this news, the U.S. stock market then plunged 617 points on Monday, May 13 — the biggest drop so far in 2019.So which economy is more fragile and unstable? That of the wealthy imperialist U.S. or that of People’s China?Why did talks break down?The move by Washington to impose new tariffs on Chinese goods came after a breakdown in trade talks. According to the New York Times: “The United States and China were nearing a trade deal that would lift tariffs, open the Chinese market to American companies and strengthen China’s intellectual property protections. But discussions fell apart last weekend, when China called for substantial changes to the negotiating text that both countries had been using as a blueprint for a sweeping trade pact. American officials said that China claimed that provisions of the deal would be in violation of Chinese laws — which could not be easily changed — and that the United States was demanding too much and giving too little.” (May 10)If this interpretation is correct, it shows several things:The inroads of the capitalist market in China have produced a class of trade negotiators who were willing to make significant concessions to the U.S. in order to promote Chinese businesses.The U.S. was pushing for changes to China’s laws that would weaken the role of the state in ownership and control of the economy.When leaders of the government and the Communist Party reviewed these concessions, they saw them as incompatible with China’s socialist roots and an attack on its state-owned industries and financial institutions. They pulled the agreement back.China’s socialist rootsChina is the fastest-growing large economy in the world, set to surpass the U.S. in a few years. It has developed from a time of wrenching poverty for the great mass of its people to prosperity for the majority in the span of just two generations. Indeed, China plans to have completely eliminated poverty by 2020 — next year! The basic elements of its economy since its revolution in 1949 have been state-owned and integrated into a broad plan for social development. However, after a great internal struggle, the ruling Communist Party decided in the late 1970s to allow capitalist ownership and investment in order to stimulate economic growth.The results have been mixed and contradictory, with great successes and great dangers. A class of billionaires now exists in China. Their appetite for luxury and excess have a corroding influence on socialist solidarity and egalitarianism. At the same time, the spectacular growth of China’s economy has lifted 800 million people out of great poverty — accounting for fully 70 percent of the world’s progress in this period.Those who put China’s tremendous achievements down solely to the capitalist market — and thereby discount its great socialist revolution against both world imperialism and the internal parasitic classes of landlords and compradore capitalists — should ask themselves this: Why then is China so different from India or Indonesia or Brazil?Why have the lives of Chinese workers and peasants improved so greatly, while those in truly capitalist countries are mired in poverty?China — and U.S. workers — push backThe U.S. imperialist ruling class is not used to being resisted by the leaders of a developing country. Their mighty military arsenal and strong industrial development have put this U.S. class of predators on top of the world for several generations.But the times are changing. Not only has People’s China been on the rise, but conditions for workers in the U.S. have deteriorated, leading to increased class struggle at home. The U.S. government has accumulated enormous debt after years of giveaways to the corporations and banks, plus the great cost of maintaining U.S. military forces on bases around the world. The U.S. uses many of these bases to actively engage in shoring up repressive regimes that otherwise would have been overthrown by the people long ago. Debt is weighing down on the U.S. economy, even as changing technology is erasing workers’ jobs and corporations vie with each other to reduce costs at the expense of wages.To sum up, the U.S. has seen the capitalist part of China’s economy as a Trojan horse that could eventually lead to the breakup of its socialist system. It has been pushing China to change not only the laws regarding trade but the basic relationship between the state and state-owned industry.If what is being reported is true, it would indicate that the prevailing view in China’s Party leadership is that its trade negotiators were giving in too much to pressure from U.S. imperialists.This is good news for China’s future development as a socialist country.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Arts, Housing, Vending Fees on South Pasadena City Council Agenda

first_img First Heatwave Expected Next Week 3 recommendedShareShareTweetSharePin it Name (required)  Mail (required) (not be published)  Website  faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Make a comment Your email address will not be published. Required fields are marked * Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community Newscenter_img Subscribe Top of the News HerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyEase Up! Snake Massages Are Real And Do Wonders!HerbeautyHerbeautyHerbeauty11 Signs Your Perfectionism Has Gotten Out Of ControlHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeauty EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS The South Pasadena City Council will consider naming five residents to South Pasadena’s new Arts Commission, among other items on the agenda for Wednesday, February 6.The Arts Commission is part of the City’s public arts initiative adopted by the Council last fall, which set fees on development for public arts projects and created a commission to provide citizen oversight.The Council will also discuss a proposal to gather community input on two housing initiatives: Additional dwelling units (or ADUs) and inclusionary housing (also known as affordable housing). The Council’s action would authorize staff to conduct community outreach on the two issues in April and develop a plan for Council consideration.In other actions, the Council may adopt a $138 permit fee for sidewalk vendors. A state law that took effect Jan. 1 authorizes sidewalk vending in all California cities; however local governments are permitted to set restrictions and collect fees from vendors.The City Council meeting will begin at 7:30 p.m. on Wednesday, Feb. 6 in the Council Chambers, 1424 Mission St., South Pasadena. Please visit the City’s web site to view the full agenda and staff reports. Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. More Cool Stuff Government Arts, Housing, Vending Fees on South Pasadena City Council Agenda Published on Tuesday, February 5, 2019 | 4:51 pm Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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President to Nominate Investment Banker for Treasury’s Senior Domestic Finance Position

first_imgHome / Daily Dose / President to Nominate Investment Banker for Treasury’s Senior Domestic Finance Position Antonio Weiss Financial Regulation U.S. Department of Treasury White House 2014-11-12 Brian Honea Related Articles President to Nominate Investment Banker for Treasury’s Senior Domestic Finance Position Share Save The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post President Barack Obama will nominate Antonio Weiss, global head of investment banking at merger-advisory firm Lazard Ltd., for U.S. Treasury Under Secretary, the top domestic finance position with the government organization, according to a statement released by the White House.Weiss, 48, is replacing Mary Miller, who left the Treasury Under Secretary position in September. Matthew Rutherford has been serving as acting Under Secretary since Miller’s departure.The appointment of Weiss as Treasury Under Secretary must be confirmed by the U.S. Senate. As Treasury’s Under Secretary for domestic finance, Weiss will be responsible for implementing the Dodd-Frank Wall Street Reform Act and other financial regulation as well as coordinating capital markets, banking, and debt financing.Weiss has been with Lazard since 1993 and has served in various leadership positions with the company, including managing director, vice chairman of European investment banking, and global head of mergers and acquisitions. He graduated with a bachelor’s degree from Yale College and an MBA from Harvard Business School. At Harvard, Weiss was a Baker Scholar and Loeb Fellow in Finance.President Obama issued the following statement regarding the nomination of Weiss and three others to key administration posts on Wednesday:”I am confident that these experienced and hardworking individuals will help us tackle the important challenges facing America, and I am grateful for their service.  I look forward to working with them in the months and years ahead.”Lazard and Weiss have been the subject of some controversy due to the company’s alleged involvement in tax-inversion deals, which involve American companies changing their addresses to foreign countries which have more tax-friendly laws in order to avoid paying taxes imposed by the U.S. government. About Author: Brian Honea Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Antonio Weiss Financial Regulation U.S. Department of Treasury White House Previous: Lender Does Not Plan to Relax Mortgage Credit Standards Next: Maryland Overtakes Florida for Nation’s Highest Foreclosure Rate November 12, 2014 863 Views Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

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Loganair safeguards City of Derry Airport’s Liverpool route

first_img Previous articleSadness in Tyrone with passing of Fergal McCannNext articleIllegal adoptions: Government to consider review of St Patrick’s Guild files News Highland DL Debate – 24/05/21 WhatsApp WhatsApp Facebook Loganair has taken over the Liverpool route from City of Derry Airport which was previously operated by Ryanair.The service gets underway on May 24th, operating four days a week initially, and then daily by mid June. Tickets go on sale from today.Loganair will use an Embraer aircraft for the service which is smaller than the planes used by Ryanair.However, Airport Manager Steve Frazer says with more flights, the weekly capacity will remain virtually unchanged:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2021/03/frazer1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. FT Report: Derry City 2 St Pats 2 Google+ Facebook Journey home will be easier – Paul Hegarty Twitter By News Highland – March 9, 2021 center_img Loganair safeguards City of Derry Airport’s Liverpool route Google+ AudioHomepage BannerNews Pinterest Pinterest Harps come back to win in Waterford Derry draw with Pats: Higgins & Thomson Reaction Twitter RELATED ARTICLESMORE FROM AUTHOR News, Sport and Obituaries on Monday May 24thlast_img read more

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Value for money ratings softening in North West

first_img Twitter Journey home will be easier – Paul Hegarty Value for money visitor ratings in the North West appears to be softening, that’s according to the manager of the Wild Atlantic Way.Joan Crawford, says while there has been a 7% increase in visitor numbers in the first quarter of this year, the latest visitor experience survey conducted revealed that British tourists are being affected by the euro rate.However, speaking on the Nine til Noon Show today Ms Crawford says considering other parts of the country, the North West still offers good value:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/06/crawford1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. AudioHomepage BannerNews Facebook RELATED ARTICLESMORE FROM AUTHOR Previous articleHighlandTV: Emerald Guitars, Lavengro and Dean Maywood on the Monday Night SessionsNext articlePublic facilities open today at popular Donegal destinations News Highland WhatsApp Google+ WhatsApp Pinterest Derry draw with Pats: Higgins & Thomson Reaction center_img Google+ Harps come back to win in Waterford FT Report: Derry City 2 St Pats 2 Value for money ratings softening in North West Pinterest DL Debate – 24/05/21 Facebook By News Highland – June 1, 2018 Twitter News, Sport and Obituaries on Monday May 24thlast_img read more

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Violent patients refused treatment

first_imgViolent patients refused treatmentOn 13 Nov 2001 in Personnel Today Previous Article Next Article New national guidelines were published last week that give NHS staff thepower to refuse treatment to violent and abusive patients. Verbal threats, violence, vandalism and drug and alcohol abuse will all begrounds for refusing treatment. However, patients with severe mental heath problems or sufferinglife-threatening conditions will not be denied care. Patients will be issued with a verbal and written warning before treatmentis withheld but if staff are under threat of immediate danger they may make anon-the-spot decision to refuse treatment. Sally Storey, former president of the Association of Healthcare HumanResource Management, said, “I welcome the support that these guidelinesgive to staff working on the frontline in difficult circumstances. But she added that other measures such as training staff in customer careand looking after people were also important ingredients in reducing violenceagainst employees. Mike Griffin, HR director at Kings College Hospital NHS Trust, told PersonnelToday his organisation had already adopted this approach but he welcomed thepublication of formal guidelines on the issue. “This is already implicit in the NHS zero-tolerance campaign and it isabsolutely essential. “We will not tolerate any sort of abusive or violentbehaviour towards our staff from whatever quarter,” he said. Health secretary Alan Milburn said withholding treatment is a last resortunder the guidelines but stressed that NHS staff must be protected. “It is simply deplorable that people who spend their lives caring forothers should face the daily threat of assault. “Violent and abusive behaviour should not be tolerated in the NHSwhether committed by patients or by their relatives. “Assault is a crime and the NHS should press for the maximum possiblepenalty for anyone who commits a crime against NHS staff.” www.doh.gov.ukBy Ben Willmott Comments are closed. Related posts:No related photos.last_img read more

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Koch Industries goes all in on distressed properties

first_imgCharles Koch of Koch Industries and 2777 South Las Vegas Boulevard (Getty, iStock)UPDATED, March 2 2021, 5:05 p.m.: Koch Real Estate Investments, the property-focused arm of the billionaire conglomerate’s empire, has become one of most active players when it comes to snapping up distressed real estate during the pandemic.The real estate firm, led by Jacob Francis, aims to diversify its business and buy real estate at depressed prices, according to the Wall Street Journal. At the beginning of the pandemic, it provided Ladder Capital with a $206.4 million credit facility. The company also invested in a single-family rental business and an office project in Nashville.Until the pandemic hit, the Dallas-based real estate arm of Koch Industries — the firm led by Charles Koch — was mostly a silent backer to other real estate developers. That changed with its February takeover of the Las Vegas hotel formerly owned by New York developer Steven Witkoff, the publication reported.ADVERTISEMENTMiami developer Jeffrey Soffer started developing the 63-story, 4,000-unit hotel, condominium and casino tower in 2007, but the project filed for bankruptcy. Carl Icahn bought it for $150 million in 2010 before selling it to Witkoff for $600 million in 2017.Witkoff had trouble securing financing due to the pandemic’s impact on the hotel market, and later defaulted on a mortgage from JPMorgan Chase and Deutsche Bank, along with more than $200 million in junior debt held by South Korean investors.Koch bought the mortgage for about $350 million and brought Soffer back as a partner, the Journal reported, citing sources.CORRECTION: This story has been updated to reflect that Jacob Francis is the president of Koch Real Estate Investments. [WSJ] — Keith Larsen Share via Shortlink Tags Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Jeff SofferKoch IndustriesWitkoff Grouplast_img read more

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