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Worley secures contract extension for BP’s North Slope operations

first_imgThe Australia-based Worley will continue to provide wells support services and fluids hauling for BP’s Alaskan fields BP gives contract extension to Worley for its North Slope operations. Photo: courtesy of Rickmouser45/ Worley revealed that it has secured a two-year contract extension from BP Exploration (Alaska) related to the latter’s North Slope operations in Alaska.The contract extension for the Australian engineering services company is for wells support services and fluids hauling for the North Slope operations.The financial terms of the contract were not disclosed by the Australia-based firm.The company said that the extension was given before BP entered into a deal in August 2019 to sell the Alaskan business to Hilcorp Alaska for $5.6bn. The sale includes BP Exploration (Alaska), which holds BP’s upstream oil and gas interests in Alaska, apart from the stake of BP Pipelines (Alaska) in the 1,287km long Trans Alaska Pipeline System (TAPS).Worley won the original contract in 2012Worley said that it will continue to be responsible for the maintenance, modifications, operations and drilling support for new and also existing wells, in addition to well sites for BP’s Alaska wells and fluids organisation. The original contract was won by the company in 2012.The services will be carried out by Worley’s Alaskan team with support from its global business.Worley CEO Andrew Wood said: “We are pleased this contract has been renewed so we can continue to support BP in the challenging and remote conditions on the North Slope.”The upstream part of BP’s North Slope operations includes the company’s 26% stake in the onshore Prudhoe Bay oilfield, which has been in production since 1977. The Prudhoe Bay oilfield is estimated to potentially yield more than a billion additional barrels.BP also has non-operating stakes in the producing Milne Point and Point Thomson fields. In addition to that, the oil and gas firm has non-operating interests in the Liberty project, offshore Alaska, and exploration lease interests in the Arctic National Wildlife Refuge (ANWR) in northeastern Alaska.BP’s deal to sell its Alaskan business to Hilcorp Alaska is subject to receipt of state and federal regulatory approval, is expected to be closed in 2020.last_img read more

Tenant Referencing

first_imgHome » News » Tenant Referencing previous nextTenant Referencing22nd July 20140736 Views Hands-on approachAlthough many agents do outsource their tenant referencing service to a third-party, there are others who prefer to keep the work in-house.“We have so far avoided the temptation to outsource referencing and continue to undertake the task ourselves,” said Mark Sandall of Andrew Granger & Co. “This means we are able to monitor the situation more closely and build up a better relationship with the applicant. We can also see how the applicants conduct themselves through the referencing process to ensure they are suitable.”Charlotte Baker of Belvoir in Melton Mowbray concurred. “We do our referencing in-house as we see it as an opportunity to really assess the tenant. We find it more revealing than a ‘yes or no’ from a referencing company, although we do use Experian for the credit check.”Rent guaranteeFor many landlords, their biggest fear is not being paid rent. Yet, despite the recovering economy, Shelter is warning that over 215,000 homes in England are at risk of eviction or repossession, equating to 4,140 households under threat every week, mainly because tenants are struggling to pay their rent, reinforcing the need for tenant reference checks.“We also perform our own internet search on potential clients and use Lonres to ensure there is no detrimental information about them.” Nicky Ennor-Glynn Strutt & Parker“Due to the high volume of repossessions, referencing procedures are even more important as there are tenants out there who are giving false information,” said Mike Howard of Mistoria Lettings.Aside from tenant references, there are many companies offering a range of rent guarantee or loss of rent and legal expenses insurance schemes, to protect landlords against tenants who fail to pay their rent.It is usually a condition of the rent guarantee insurance policy that the landlord from a specialist tenant referencing firm, before the start of a new tenancy.Mandy Stevenette of Stevenette & Co said, “If you want to provide a rent guarantee, as part of a management service, it [tenant reference] is part of the requirement for that.”Credit checksRosalind Florence, Head of Lettings at Glentree, who described tenant referencing as “much the same as if you are taking out a mortgage”, said that her firm use the services of a credit rating agency who check all aspects of a prospective tenant and then issue a credit rating.“If it is an A rating then the credit rating agency will offer rent insurance cover, that is, if the tenant defaults the insurance cover will pay the rent until the tenant is evicted,” said Florence. “If the rating comes up as a B the tenant will be asked to supply a guarantor and the whole process starts again.”“If the tenant cannot supply adequate references, an agency credit check will be taken out to ensure they are who they say they are and then the tenant will be asked to pay all the rent in advance,” she added.Florence insists that it is everyone’s interest – agent, landlord and tenant – to ensure that the tenant is in a strong financial position” to meet their rent payments, proving a platform for “a happy relationship between all three parties”, but at what cost?Tenant feesThe amount that agents charge tenants for things like tenant referencing has been a topic of hot debate in recent months, with the Labour party going as far as actually trying to ban agents from charging tenant fees by forcing a vote in the Commons in May, which they lost.Although Labour’s policy was defeated by opposing MPs, the issue of tenant fees simply will simply not go away, with Shadow Housing Minister Emma Reynolds still insisting that more should be done.So we asked a number of agents to explain how they recoup the cost of the tenant referencing  service and the majority said that they generally charge tenants a ‘reference charge’ or include the cost as part of a general ‘administration fee’, although some agents do also charge landlords, albeit usually a smaller amount.“Our initial ‘tenancy set up’ charge is the tenants bundled up contribution towards the cost of referencing, tenancy agreements, assisting in setting up of utilities and general administration,” said Howard Cundey’s Arlo Risby. “The landlord also makes a smaller contribution toward the  administration of £100.”W.A.Ellis charge a reference fee of £50 + VAT per person which is payable by the tenant. “This covers W.A.Ellis applying for and verifying individual references on the tenant, and also a credit check carried out by a referencing firm, LetRisks,” said Lucy Morton, Senior Partner at W.A.Ellis.”Among the fees that they charge, Glentree ask tenants to pay for the credit check which costs approximately £25.Rentify does not charge tenants for referencing. The company offers two services: a free credit check and comprehensive background references which cost £15 + VAT per tenant, paid for by the landlord.Room for growthWith a growing number of people struggling to buy property, demand for rental homes will almost certainly rise, with the Intermediary Mortgage Lenders Association forecasting that 16.9 million homes, or 51 per cent, of all 33.1 million residential properties in the UK will be privately or socially rented by 2032, placing greater importance on the tenant referencing procedure in the process.Some key referencing suppliers:Agent Assure Let Credit www.letrisks.comLetAlliance www.belvoirlettings.comStrutt & Parker www.struttandparker.comGlentree Estates and Co www.stevenette.comW.A.Ellis www.waellis.comHoward Cundey www.howardcundey.comMistoria Lettings Landlords Association Granger 21 UK www.century21uk.comRentify July 22, 2014The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicensed rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021last_img read more


first_imgWe hope that today’s “Readers Forum” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way? WHATS ON YOUR MIND TODAY?Todays“Readers Poll” question is: Are you pleased with the direction that Vanderburgh County is headed?Please take time and read our articles entitled “STATEHOUSE Files, CHANNEL 44 NEWS, LAW ENFORCEMENT, READERS POLL, BIRTHDAYS, HOT JOBS” and “LOCAL SPORTS”.  You now are able to subscribe to get the CCO daily.If you would like to advertise on the CCO please contact us [email protected]: City-County Observer Comment Policy.  Be kind to people. No personal attacks or harassment will not be tolerated and shall be removed from our site.We understand that sometimes people don’t always agree and discussions may become a little heated.  The use of offensive language, insults against commenters will not be tolerated and will be removed from our site.FacebookTwitterCopy LinkEmailSharelast_img read more

Press release: Tech sector backs British AI industry with multi million pound investment

first_imgMore than 50 leading technology companies and organisations have contributed to the development of an AI deal worth almost £1 billion, including almost £300m of private sector investment into UK sector 1,000 new government funded AI PhDs will keep the UK at the forefront of innovation and build UK status as AI research hotspot Organisations in Wales actively embracing AI in what they do include IQE, MedaPhor, Amplyfi and Artimus Top-ranking Vancouver-based venture capital firm Chrysalix, is also going to establish a European HQ in the UK and use it to invest up to £110 million in AI and robotics Notes to editors: AI holds transformative implications for every aspect of our lives and every sector of the economy. The economic prize is clear: potentially adding 10% to UK GDP by 2030 if adoption is widespread (PWC), and a productivity boost of up to 30% (Bank of America). The Industrial Strategy, published in 2017 , following the independent review of AI in the UK in 2017, ‘Growing the Artificial Intelligence Industry in the UK’, commits to the Grand Challenge of putting the UK at the forefront of the AI and data revolution, helping sectors boost their productivity through new technologies, helping people develop the skills they need and leading the world in the safe, ethical use of data. The Sector Deal is the first major initiative under the grand challenge, that outlined proposals for how government could work with industry to stay ahead of the competition and grow the UK’s use of AI right across the economy in a safe and ethical way, for the benefit of all in society. The interim Centre for Data Ethics and Innovation will start work on key issues straight away and its findings will be used to inform the final design and work programme of the permanent Centre, which will be established on a statutory footing in due course. A public consultation on the permanent Centre will be launched soon. We are announcing new challenges where we will work with industry to develop innovative uses of AI and advanced analytic technologies through the£1.7 billion Industrial Strategy Challenge Fund. These include ‘Next-Generation Services’ , ‘Early Diagnostics and Precision Medicine’, and ‘Transforming Food Production’. IQE, a specialist in semiconductors, is investing £38m alongside Cardiff University to develop a new state-of-the-art facility that will manufacture components used in AI applications. More than 50 leading businesses and organisations have contributed to the development of a £1 billion deal to put the nation at the forefront of the artificial intelligence industry, featuring almost £300 million of new private sector investment.The deal between the UK Government and industry, announced by Business Secretary Greg Clark and Digital Secretary Matt Hancock today (Thursday 26 April 2018), also includes more than £300 million of newly allocated government funding for AI research to make the UK a global leader in this technology.Building on the commitment made in the Industrial Strategy and its AI Grand Challenge, the deal marks the first phase of a major innovation-focused investment drive in AI which aims to help the UK seize the £232 billion opportunity AI offers the UK economy by 2030 (10 per cent of GDP).The Artificial Intelligence Sector Deal follows record levels of investments into UK tech in 2017 and today’s deal includes new investments such as: The University of Cambridge opening a new £10 million AI supercomputer and making its infrastructure available to businesses Secretary of State for Wales Alun Cairns said: Wales is already embracing the opportunities provided by artificial intelligence to revolutionise many different areas of work, including the medical and semiconductor sectors. Today’s deal will mean even closer cooperation between UK Government and industry in Wales, creating jobs in new fields and building a stronger, more resilient economy. Antony Walker, deputy CEO, techUK said: The UK has an impressive track-record on AI. But we must keep pace and scale of innovation continues to accelerate, we need to ensure that the UK stays at the forefront in the development and application of these powerful new technologies. The Government’s AI Sector Deal provides a clear blueprint for how the UK can become a world-leader in innovative, responsible and ethical AI. The sector deal focuses on the key issues of maintaining leadership and driving uptake, building the skills pipeline and ethics. Success will depend upon AI companies being deeply engaged in the process. The new sector deal is the focal point of the government’s Artificial Intelligence Grand Challenge, a key part of the government’s modern Industrial Strategy which sets out a long-term plan to boost the productivity and earning power of people throughout the UK. The AI Grand Challenge aims to put the UK at the forefront of the AI and data revolution ensuring the vast social and economic benefits of this technology are felt in every corner of Britain.The Industrial Strategy set out four Grand Challenges to put the UK at the forefront of the industries of the future. AI and Data is one of these and this sector deal provides the blueprint for delivery.Dame Wendy Hall said: It is very exciting to see the recommendations in the AI Review turned into reality through this bold and ambitious Sector Deal for AI. We are at a pivotal point in the application of AI across many different sectors of industry and I truly believe the U.K. can take a leadership role in developing the use of AI in industry in a safe and ethical way that will be of benefit to everyone. Amplyfi is an artificial intelligence start-up that wants to transform the business intelligence industry. Its DataVoyant software platform harvests and reads data that is both publicly available online and from the deep web — the parts of the internet that are not indexed by standard search engines. The technology enables clients to spot potential disruptions to their businesses, whether a war, a market shift, or a new technology. Business and Energy Secretary Greg Clark said: Artificial intelligence provides limitless opportunities to develop new, efficient and accessible products and services which transform the way we live and work. Today’s new deal with industry will ensure we have the right investment, infrastructure and highly-skilled workforce to establish the UK as a driving force in the development and commercial use of artificial intelligence technologies. As with all innovation there is also the potential for misuse which puts the whole sector under scrutiny and undermines public confidence. That is why we are establishing a new world-leading body, to ensure the ethical use of data in AI applications for the benefit of all. AI in WalesThe AI sector deal will not only support new adopters of AI, it will help the Wales’ trailblazing companies who are already embracing this tech and using it to create clusters of expertise, high-skill jobs and investing in developing this technology.Companies and bodies in Wales actively embracing AI in what they do include: The Alan Turing Institute and Rolls-Royce will jointly-run research projects exploring: how data science can be applied at scale, the application of AI across supply chains, data-centric engineering and predictive maintenance, and the role of data analytics and AI in science. The AI sector deal will make Britain the go to place for AI and make sure this technology is used as a force for good to benefit people, from government’s investment in early diagnostics and precision medicines projects that will use AI to help diagnose chronic illnesses, to a commitment to establishing Data Trusts between government, industry and academia to ensure data sharing is safe and secure.To better understand the ethical and security implications of data sharing and privacy breaches, the Engineering and Physical Sciences Research Council (EPSRC) is investing £11 million in eleven new research projects, led by universities, to analyse the important challenges for people and businesses that use data and those that allow access to their data. They have also committed to make £300 million available in support for new research projects to complement the new Centres for Doctoral Training.Neil Crockett, Chief Digital Officer, Rolls-Royce, said: At Rolls-Royce, we believe that AI is central to unleashing huge value for our customers and from within our own business, and in achieving our goal of pioneering the power that matters. This MoU signals an exciting new phase in Rolls-Royce’s relationship with The Alan Turing Institute. We believe this collaboration will further strengthen Rolls-Royce’s reputation as a world-leading adopter of AI technologies in an industrial context. At the same time, it will support the institute’s position, and thus the UK’s position, as a global centre of excellence for data science and AI. Artimus in Cardiff provides artificial intelligence and machine learning solutions using expertise from a broad range of disciplines including engineering. Gerard Grech, CEO Tech Nation, said: One of the biggest changes the UK faces over the next 10 years is technological and the development of Artificial Intelligence will be at the forefront of it. The UK needs to embrace it and shape it. As a recognised global centre of AI expertise with companies like DeepMind, Improbable and 5AI, the UK is in a great position, and by building strong networks of shared knowledge and expertise, we can make it even stronger. Tech Nation cannot wait to get started on shaping its first programme for the UK’s fastest-growing AI companies next year, which will help those who have proven their potential to reach the next level. Marc Waters, Managing Director (UK & Ireland), Hewlett Packard Enterprise said: Artificial intelligence presents a significant opportunity to create competitive advantage for the UK economy with benefits for companies, workers and consumers. The opportunity exists not only to harness the power of AI for innovation and scientific discovery but to improve productivity and provide economic growth. However, many UK enterprises are still struggling to find viable use cases for their business and take tangible, near-term steps toward making these a reality. To help fill this gap, HPE is investing in and providing these organisations with the specialised AI expertise and supercomputing infrastructure needed to support AI applications. Professor Michael Denham, Chief Executive and Co-Founder of Mindtrace Ltd said: Just as computing technology has served us well by allowing us to make complex computations which are far beyond human capabilities, AI technology will increasingly support us in our ability to make complex and timely decisions, in healthcare, transportation, manufacturing, security, and many other areas, with super-human levels of accuracy, speed and efficiency, enhancing our lives in ways which we are only beginning to understand. Hugh Milward, Senior Director, Corporate External and Legal Affairs, Microsoft UK, said: The UK is poised to do great things in the field of AI. If the Sector Deal can ensure that the development of AI is ethical, inclusive and responsible then the UK, as the home of the father of AI Alan Turing, will have a bright future as a world leading centre for AI. MedaPhor, based within Cardiff University, develops advanced hi-fidelity ultrasound simulators, artificial intelligence image analysis software and augmented reality needle guidance systems for medical practitioners. Japanese venture capital firm Global Brain opening its first European HQ in the UK and investing £35 million in UK deep-tech start-ups Developing AI SkillsThe deal will help establish the UK as a research hotspot, with measures to ensure the innovators and tech entrepreneurs of tomorrow are based in the UK, with investment in the high-level post-graduate skills needed to capitalise on technology’s huge potential.It includes money for training for 8,000 specialist computer science teachers, 1,000 government-funded AI PhDs by 2025 and a commitment to develop a prestigious global Turing Fellowship programme to attract and retain the best research talent in AI to the UK.This will make sure every secondary school has a fully qualified computer science GCSE teacher to give the next generation the skills they need to develop and capitalise on future technology. As part of the deal, the accountancy firm Sage have also committed to delivering an AI pilot programme for 150 young people across the UK.Regional Tech HubsThe government will build on its reputation as an international hub for AI innovation and provide £20 million of funding to help the UK’s service industries, including law and insurance, with new pilot projects to identify how AI can transform and enhance their operations.The government has also pledged £21 million of funding to create Tech Nation, a new UK-wide organisation working across the country to create a high-growth tech network for ambitious entrepreneurs. One of Tech Nation’s new goals will be to establish an internationally-respected programme for mid-stage AI companies to help bring them to scale.World’s first Centre for Data EthicsThe deal highlights government work to ensure all AI developments in Britain are conducted to the highest ethical standards by establishing a world-leading Centre for Data Ethics and Innovation.The £9 million Centre will be an important part of plans to make the UK the best place in the world for businesses developing AI to grow and thrive. It will address the challenges posed by the adoption of AI and advise on the measures needed to enable and ensure safe, ethical and innovative uses of data-driven technologies, while helping protect consumers.Secretary of State for Digital, Culture, Media and Sport Matt Hancock said: The UK must be at the forefront of emerging technologies, pushing boundaries and harnessing innovation to change people’s lives for the better. Artificial Intelligence is at the centre of our plans to make the UK the best place in the world to start and grow a digital business. We have a great track record and are home to some of the world’s biggest names in AI like Deepmind, Swiftkey and Babylon, but there is so much more we can do. By boosting AI skills and data driven technologies we will make sure that we continue to build a Britain that is shaping the future. The Exchequer Secretary to the Treasury, Robert Jenrick said: Artificial intelligence will enable us to work smarter, boost our productivity and make the country richer. From search engines to self-driving cars, this technology will be at the heart of our new economy. That’s why we continue to back our AI innovators in order to cement the UK’s position as a world-leader in this cutting-edge technology. Additional quotes:Nicholas Sleep, Chief Technology Officer of Medaphor Group in Cardiff said: We’re trying to translate technology for the benefit of doctors. We use artificial intelligence to make ultrasound scanning easier for clinicians; making machines smarter to speed up scanning, and to aid clinicians in their decision making. The Government is absolutely right to be prioritising this technology, and putting Britain at the forefront of applying this technology in the medical sector, where it will make a big difference in improving safety and reducing the cost of healthcare. ENDSlast_img read more

News story: Biometrics Commissioner 2018 annual report: update

first_imgOn 29 March 2019, the Biometrics Commissioner presented his annual report for 2018 to the Home Secretary, as required under section 21 of the Protection of Freedoms Act 2012 (PoFA).Once the Home Secretary has considered the report, it will then be laid before Parliament.The role of the Biometrics Commissioner was established by PoFA and Paul Wiles was appointed as the second Commissioner on 1 June 2016.His role is to provide independent oversight of the regime established by PoFA, which came into force on 31 October 2013, to govern the retention and use by the police in England and Wales of DNA samples, DNA profiles and fingerprints.In addition to various casework responsibilities in relation to DNA and fingerprints, he also has a UK-wide oversight function as regards their retention and use by the police on national security grounds.The Commissioner’s 2018 report, which will be published once it has been laid before Parliament, deals primarily with developments since the publication of his 2017 report. It covers his casework activities, the general operation of the PoFA regime and a variety of wider issues that have arisen in connection with biometrics in both the normal policing and national security spheres.If you have any queries, please contact Justin Hawkins on 0779 255 1301.last_img read more

Roberts unveils snacking subscription service

first_imgSource: Roberts BakeryRoberts Bakery has launched a monthly subscription service with a host of ‘healthy’ snacks. Subscribers can choose from three different sizes of snack box: Starter Snacker with eight snacks, Classic Snacker with 16, and Pro Snacker with 24. Roberts is also offering new products to try for between £12 and £29 a month.The Cheshire-based bakery, which is offering new additions from its snacking range, has partnered with national delivery service DPD to provide free next-day delivery, direct to consumers’ doors.The line-up features:Raspberry & Chia Pangel, comprising a fusion of soft pancake and bagel.Chocolate Orange Brookie, made up of Brazilian orange oil, soft brioche bun and a swirl of cookie.Cranberry & Coconut Porridge Loaves, with each mini loaf featuring fresh fruit pieces.Each snack contains 250 calories or less and is individually wrapped.“A box full of home-delivered goodies can make your day, or even a week, instantly better. Even more so when we can’t get out and about as much as we’d like,” said Alison Ordonez, director of innovation at Roberts Bakery.“There’s a real demand for tasty and delicious snacks – and the benefits of healthy energy and feeling full – at a time when we need it most, safely, conveniently and regularly every month,” Ordonez added.This latest launch by Roberts follows the rollout of its six-strong breakfast-inspired range in August, which tapped into the hybrid bakery trend.The home deliveries are contact-free and adhere to social distancing measures, the company added.last_img read more

Another Person Recovers From COVID-19, New Case Reported

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) MGN ImageJAMESTOWN – One new case of COVID-19 was reported Thursday, with another person recovering from the illness in Chautauqua County.The Chautauqua County Health Department says the new cases involves a woman in her 30s.There are two actives cases, 24 recoveries and three deaths related to the outbreak. “51 cases under quarantine/isolation orders by the Public Health Director and being monitored,” said officials. “Not all of those being monitored are confirmed to have COVID-19 but have either shown symptoms, are awaiting results, or have risk factors; and 653 negative test results to date.”On Friday afternoon, Chautauqua County officials are scheduled to hold their 3 p.m. weekly update. Viewers can watch the press conference streamed LIVE on, our mobile app, or Facebook page.Cattaraugus County Health Department reported two additional confirmed cases of COVID-19 Thursday.The thirty-second confirmed case is a female who resides in the northeastern part of the county, who was possibly exposed to a active case. Officials say she developed a low grade fever while undergoing rehabilitation at a healthcare facility in Buffalo.The thirty-third confirmed case is a male who resides in the southwestern part of county who has no significant travel history, but developed fever, chills, cough, and shortness of breath. He was taken and eventually admitted to Olean General Hospital where he was tested for the virus.The department has begun a thorough contact tracing investigation for those individuals that they have been in contact with and the places that they visited.last_img read more

OITNB’s Danielle Brooks Will Make B’way Debut in The Color Purple

first_img View Comments Related Shows Show Closed This production ended its run on Jan. 8, 2017 Star Files Danielle Brookscenter_img Orange Is the New Black star Danielle Brooks will make her Broadway debut as Sofia in the upcoming revival of The Color Purple. The John Doyle-helmed musical, co-starring the previously announced Jennifer Hudson as Shug Avery and Cynthia Erivo as Celie, will begin performances on November 9 at the Bernard B. Jacobs Theatre and will now officially open slightly later than first reported, on December 10.Brooks stars as Tasha “Taystee” Jefferson in Orange Is the New Black. Educated at Juilliard, her additional screen credits include Angry Birds, Girls, I Dream Too Much and Time Out of Mind.The Color Purple features a book by Marsha Norman, lyrics by Brenda Russell, Allee Willis and Stephen Bray and music by Russell and Willis. Based on the novel by Alice Walker, the tuner tells the story of Celie, a woman who, through love, finds the strength to triumph over adversity and discovers her voice in the world.Doyle’s stripped-down production opened at the Menier Chocolate Factory in London on July 15, 2013, starring Erivo. The new staging cuts approximately 30 minutes of material from the original incarnation and its producers include Oprah Winfrey. The Color Purple Jennifer Hudsonlast_img read more

Berger again debunks banking trade’s claims

first_imgNAFCU President and CEO Dan Berger, debunking a recent attack letter from the Independent Community Bankers of America on credit unions’ tax exemption, told Senate Finance and House Ways and Means Committee leaders Thursday that ICBA’s resources would be better spent pushing for financial institution regulatory relief.The resources spent complaining about credit unions’ tax exemption would be better used fighting for regulatory relief, encouraging community banks to pay back their outstanding TARP bailout money and working toward a data security standard for retailers and merchants, Berger wrote to Senate Finance Committee Chairman Orrin Hatch, R-Utah, and Ranking Member Ron Wyden, D-Ore., and House Ways and Means Committee Chairman Paul Ryan, R-Wis., and Ranking Member Sander Levin, D-Mich.Berger also countered the banking trade’s claim that the credit union tax exemption comes at a significant cost to taxpayers. An independent study commissioned by NAFCU in 2014 showed that credit unions add $17 billion to the economy per year and that eliminating their tax exemption would result in the loss of 150,000 jobs per year, Berger wrote.ICBA sent a letter to the above-noted committee leaders Thursday asking them to review the tax subsidies given to credit unions and the Farm Credit System. The American Bankers Association targeted the credit union exemption in misleading attack ads in March, and Berger sent a similar response to House and Senate leaders. continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

East Patchogue Pedestrian Fatally Hit by Car

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 56-year-old Mastic Beach man was fatally hit by a car while crossing a road in East Patchogue over the weekend, Suffolk County police said.Peter Alker was crossing Sills Road when he was hit by a northbound Hyundai Sonata at 8 p.m. Friday, police said.The victim was pronounced dead at the scene. The 36-year-old East Patchogue woman driving the car plus her two passengers, a man and a 1-year-old girl, were not injured.Fifth Squad detectives impounded the vehicle, are continuing the investigation and ask anyone with information about the incident to call them at 631-854-8552 or call anonymously to Crime Stoppers at 1-800-220-TIPS.last_img read more

A Game of Concentration: 11th annual chess competition emphasizes focus

first_imgBINGHAMTON (WBNG) — The competitors were concentrated and in the zone at Sunday’s 11th annual Broome County Chess Championship Francis Cordisco Memorial. Francis passed away nine years ago, and while he was a hockey player instead of a chess fan, John wanted to find a way to pay tribute to his brother. “It’s the greatest game in the world, and it’s really intense,” Cordisco said. “[12 News] walked in the back there and saw it: you can just feel the intensity of everybody thinking their hardest. It’s a great game.” Despite the championship being a small tournament, Cordisco happy to offer that intense competition rather than having players play an online version of chess. The tournament honors Francis Cordisco, the brother of tournament director, John Cordisco. The tournament asked all players, attendees and media members to remain absolutely silent, giving players a chance to concentrate, and creating a tense sporting spectacle. “There’s not much you can unfortunately when a sibling passes away, but you do the best you can and honor them the best you can,” Cordisco said. center_img Around seven players, including one master and four rated experts, put their chess skills to the test, competing for trophies and a cash prizes. Participants played a total of six matches over the two-day tournament, with one point being awarded for each win. “It’s really intense when you’re sitting around. ‘Like, what if they did that online?’ You wouldn’t have the human interaction, you wouldn’t have the human intensity and the human intensity sometimes makes errors and that’s just part of the game,” Cordisco said. Cordisco told 12 News the estimated cash prize amounts given out this year combine for around $300. For those looking to get into the game of chess, Cordisco offers a chess club taught by an expert on Saturdays from noon until 5 p.m.last_img read more

Wisconsin election official says nearly all votes counted; NBC has Biden leading

first_imgWASHINGTON – A top election official in Wisconsin confirmed Wednesday that nearly all the votes in the state have been counted in the presidential election. NBC News has not independently called the race yet. “All of the ballots have indeed been counted,” Meagan Wolfe, the administrator of the Wisconsin Elections Commission, told NBC’s Today. “We’re not seeing that there’s any counties that haven’t posted their results on their websites,” Wolfe added.- Advertisement – Democratic presidential nominee Joe Biden speaks at a get out the vote event at Sharon Baptist Church on November 01, 2020 in Philadelphia, Pennsylvania.Drew Angerer | Getty Images Wolfe later clarified that there are two small towns still outstanding, with around 600 votes between them.NBC News currently has Democratic presidential nominee Joe Biden leading President Donald Trump by 20,697 votes, with an estimated 97% of the vote in.An estimated total of 3.3 million votes have been cast in Wisconsin, according to NBC News. – Advertisement – – Advertisement –center_img Biden is currently winning 49.5% of these votes, while Trump is winning 48.8%. The state, which was carried by Trump in 2016, is considered a must-win for both candidates, neither of whom won 270 Electoral College votes outright on Tuesday. The two campaigns are now locked in a post-election day battle to win key battleground states that have yet to count all their ballots.This is a developing story, please check back for updates. – Advertisement –last_img read more

Patients crowd hospitals as Indonesia loses 183 ‘priceless’ medical workers

first_imgCOVID-19 patients are crowding hospitals as bone-tired medical workers continue to bear the brunt of rising case figures, with at least 183 of them having reportedly died of the virus.More than 2,000 daily new cases appears to be the new normal for Indonesia, which on Wednesday recorded 3,075 new cases and 111 deaths — bringing the tally to 180,646 confirmed cases, 42,877 of which are active cases, and 7,616 deaths.The daily new cases figure hit record highs of more than 3,000 for three consecutive days last week, partly attributed to recent long weekends. As people flocked to crowded places, COVID-19 patients swarmed hospitals, prompting fears of a “collapsing healthcare system”, as described by senior public health expert Adang Bachtiar of the Indonesian Public Health Experts Association (IAKMI).”The latest situation is that there has been an escalation of the bed occupancy rate in some hospitals, especially in Jakarta,” COVID-19 task force spokesperson Wiku Adisasmito told a press briefing on Tuesday.He said isolation and ICU bed occupancy rates at the capital city’s 67 COVID-19 referral hospitals had reached 69 percent and 77 percent, respectively, on Aug. 28. The government was working on bringing the rates down to below 60 percent, including by sending patients in mild to moderate cases to Wisma Atlet, a makeshift hospital designated for COVID-19.Read also: Indonesia sees record high in COVID-19 cases for third day running But Jakarta is not the only one to see such a trend. Data from the Health Ministry’s RS Online system obtained by The Jakarta Post show that some regions, though having seen an increase in isolation and ICU bed capacity, saw a spike in occupancy rates over the past week.The provinces with the highest bed occupancy rates — even as the number of beds increased — were Bali, where occupancy increased from 59.44 percent on Aug. 23 to 72.55 percent on Monday, Jakarta (from 54.62 percent to 67.25 percent) and East Kalimantan (from 49.15 percent to 55.62 percent). These were followed by Central Java (from 41.76 percent to 49.30 percent), Banten (from 41.76 percent to 49.30 percent) and East Java (from 44.76 percent to 49 percent).South and Central Kalimantan saw a slight decrease in the number of COVID-19 beds but their occupancy rates spiked from 53.22 percent to 59.25 percent and from 47.78 percent to 56.58 percent, respectively.The Aug. 31 data show that Indonesia had a total of 42,435 isolation and ICU beds designated for COVID-19 patients, with 23 provinces each having fewer than 1,000 COVID-19 beds.The country has 0.4 physicians per 1,000 population, according to World Bank data from 2018, much lower than the Organization for Economic Cooperation and Development (OECD) average of 3.4 in 2017.Jakarta Governor Anies Baswedan acknowledged on Tuesday that bed occupancy rates had reached “over 70 percent” and that his administration would increase its hospital bed capacity to suppress the rates to “below the ideal of 60 percent”. He said it would involve more hospitals as COVID-19 referral hospitals. Jakarta has 190 hospitals according to Anies.Read also: Jakarta to require all COVID-19 patients to be quarantined in hospitals”Expanding capacity is not only about [adding] medical devices or rooms; the rooms and medical devices are ready. [It is also about] the human resources,” Jakarta Health Agency head Widyastuti said, adding that the city had recruited some 1,800 medical workers ready to be deployed by next week.Private hospitals had to previously reduce the number of their COVID-19 beds to accommodate non-COVID-19 patients, but the city was still working on involving more private hospitals in the pandemic response, she said.Jakarta’s main COVID-19 referral hospital, Persahabatan Hospital, which is designated for moderate to severe cases, has reported an increase in admissions since late June, with the bed occupancy rate standing at 70 percent on Monday.Not only hospitals are feeling the strain; some community health centers (Puskesmas) have either been forced to close after their workers contracted the virus or have been running understaffed as some workers went into isolation.In Subang, West Java, a Puskesmas has been temporarily closed after at least 41 of its workers contracted the virus.West Java Health Agency head Berli Hamdani said that patients should be honest in disclosing their symptoms to medical workers to suppress health facility transmission, adding that the administration was trying to improve infection control and triage at health facilities.Read also: Medics dying, infections soaring — it’s still the economy?At least 104 doctors have died of COVID-19 as of Wednesday, including two final-year resident doctors and Sulis Bayu Sentono, one of only handful pediatric orthopedics in Indonesia, according to the Indonesian Medical Association (IDI).Twenty-eight of these doctors were based in East Java, 22 in Greater Jakarta, 18 in North Sumatra and the remainder in various regions of the archipelago.Nine dentists have also died of COVID-19 as of Tuesday, according to the IDI. The Indonesian Nurses Association (PPNI), meanwhile, said 70 nurses have died of the disease as of Monday.The number of medical workers infected is estimated to reach thousands.The IDI said it was looking into the deaths, including whether they had comorbidity factors and where they had been providing treatment. The association has previously called for a robust supply of protective personal equipment, better work schedules, routine testing and for hospitals to limit or not deploy workers with high risks and comorbidity factors.Read also: Jokowi mourns medical workers who have fallen to COVID-19The death of hundreds of “priceless” medical workers was an unbearable loss to a country with a “poor” doctor-to-population ratio and “uneven distribution of doctors centered in big cities only”, said Adang of IAKMI.Training a doctor required decades of investment, and losing them, in turn, would cost the country also decades of experience and add more burden to the already short-handed medical workers, he said.”This is a very critical situation; the healthcare system is collapsing. Primary health care is seeing fewer visits; there’s much worry. People are afraid of going to Puskesmas, so they go to the hospitals, causing this second layer to be overloaded,” Adang said.With health promotion, specific protection and early diagnosis — the keys in tackling an outbreak — remaining weak and the government resorting to knee-jerk reactions, it was inevitable that the situation would lead medical workers to develop fatigue and put them at higher risk of infections.”Non-COVID-19 patients are affected, too […]. We’re in deep trouble, and we have to find a way out,” he said.Topics :last_img read more

Lithuanian pension assets return more than 4% over first half

first_imgLithuania’s voluntary second-pillar pension funds have almost equalled last year’s investment returns during the first six months of 2014, according to figures from the Bank of Lithuania (BoL), the country’s pensions regulator.All 26 funds made positive returns, with an overall average of 4.1% for the period, compared with an average 4.3% for calendar 2013.The highest average return – 4.7% – came from the riskiest funds, investing between 70% and 100% in equities.Thereafter, average returns decreased in line with risk. Medium equity exposure funds (30-60%) generated 4.41%, and low exposure funds (up to 30%) 4.12%.Conservative bond funds (no equities) returned only 2.16%.The figures mirror the funds’ average annual returns over the past three years, with an average 6.12%, 6%, 5.85% and 3.31%, respectively, for the four risk categories.Audrius Šilgalis, senior specialist at the BoL’s financial services and markets analysis division, said: “While the first half of 2014 was erratic for investors, nearly all pension funds achieved a positive return on investment in the first half-year and increased the assets of participants.”According to the BoL, two-thirds of second-pillar pension fund portfolios – approximately LTL4bn (€1.1bn) – was invested in euro-denominated assets, while 15.9% of portfolios were invested in litas.Šilgalis said: “Most of the assets of pension funds and collective investment undertakings have been invested in euros, hence the adoption of the euro in Lithuania [on 1 January 2015] is likely to significantly reduce the currency conversion and transaction costs incurred by these entities, which provides the basis for fund participants to seek higher returns.”Meanwhile, the rate of increase in second-pillar assets also outstripped last year’s exceptional rate of growth, climbing by LTL496.41m over the period, to reach LTL5.94bn at end-June.Around 60% of the increase in fund assets came from contributions, with the rest from investment performance.Membership was also up, though at a slower pace than last year, rising by 17,301 (1.55%) to 1.13m.Last year, changes were introduced in the second-pillar contribution system.Participants had to choose whether to continue paying the standard contribution of 2% of salary, save the maximum amount allowed or stop making contributions.As from 2014, those who have opted to save the maximum now pay an additional 1% into their pension fund, while the state adds a subsidy of 1% of average monthly earnings.From 2016, the additional contributions will rise to 2% of salary, while the state subsidy will also rise to 2%.From 2020, the standard contribution rate will rise to 3.5% of salary.last_img read more

Hurricane suspends output guidance after Lancaster well shut-in

first_imgThe Hurricane-operated Lancaster field is now in its first phase of development, the EPS, consisting of two wells tied back to the Aoka Mizu FPSO vessel. The first oil was achieved in June 2019. “Whilst the wells show high productivity individually, their proximity and associated interference behaviour require further data acquisition before the company can be confident about optimum long-term well rates. This latest development reinforces that. Production has averaged 15,500 bopd year to date. Hurricane has been carrying out ongoing testing of the two Lancaster EPS wells in order to determine the sustainability of combined production rates up to gross 20,000 bopd. The water production from the 205/21a-7Z well at the time the instability was experienced was in line with the water production that had been seen over the previous weeks. The company plans to increase this rate incrementally, to determine its maximum sustainable level. In an update on Friday, Hurricane said that achieving this target rate at a sustainable level has not been possible as the impact of increasing production rates resulted in instability in the flow regime on the 205/21a-7Z well as a result of interference between the wells. Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System (EPS), located in the West of Shetland area, due to interference between two producing wells. As a result, Hurricane has suspended its full-year production guidance. The Lancaster EPS is currently producing from the 205/21a-6 well at a rate of approximately 10,300 bopd. Dr Robert Trice, Chief Executive of Hurricane, commented: “The results of the recent testing of the Lancaster EPS wells at elevated combined production rates are disappointing and the degree of interference encountered is unexpected. This process will result in a period of production substantially below forward guidance of net 18,000 bopd and Hurricane is, therefore, suspending previous full-year guidance of net 17,000 bopd. This has led to a decision to shut-in the 205/21a-7Z well for the time being and return to a period of testing maximum sustainable rates from just the 205/21a-6 well. “This data acquisition process continues, and further updates will be provided once we have determined our target plateau production rate with the existing well configuration”.last_img read more

Oboabona craves for Super Eagles return

first_img2013 AFCON winner, Godfrey Oboabona, has said he has not given up on his dream of returning to the Super Eagles under the watch of technical adviser Gernot Rohr. Oboabona who was a member of Super Eagles squad to the 2014 World Cup in Brazil, last played for Nigeria four years ago. Oboabona is currently on the book of Georgian side FC Dinamo Batumi after parting ways with Croatian side FC Gorica and he’s enjoying a lease of life at the club. Oboabona has now told the media that he’s desperate for a return into the Super Eagles and he believes he has alot to offer.Advertisement Promoted ContentWhich Country Is The Most Romantic In The World?This Guy Photoshopped Himself Into Celeb Pics And It’s HystericalYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtBest & Worst Celebrity Endorsed Games Ever Made11 Most Immersive Game To Play On Your Table Top9 Facts You Should Know Before Getting A Tattoo7 Of The Wealthiest Universities In The WorldWho’s The Best Car Manufacturer Of All Time?5 Of The World’s Most Unique Theme ParksCan Playing Too Many Video Games Hurt Your Body?Ever Thought Of Sleeping Next To Celebs? This Guy Will Show You The 2013 African cup of Nations winner said his age should not be a problem. read also:Coronavirus: No days off for Oboabona amidst Covid-19 outbreak “I’m just 29. I can still play for Super Eagles. If Ramos at 34 can still be playing for Spain, why can’t I play for Eagles?”, he told BCOS sports. The 29 years old has made 31 appearances for Nigeria and scored once for the three-time African champions. FacebookTwitterWhatsAppEmail分享 center_img Loading… last_img read more