Srinagar: National Conference vice-president Omar Abdullah said on Wednesday the Modi government had “consciously disenfranchised” the people in Jammu and Kashmir by not holding the Assembly election on time. “Dear @narendramodi Sahib, it is good to see you appealing to famous people to increase voter turnout however at the same time your government has consciously disenfranchised people in J&K by not holding Assembly elections on time,” Abdullah posted on Twitter. Also Read – How a psychopath killer hid behind the mask of a devout laity! The former chief minister was referring to Modi’s appeal to several personalities to help increase the voter turnout in the general election. “The right to choose an elected government, as opposed to being governed by a hand picked nominee of the central government, is the hallmark of the sort of democracy you are tweeting about,” the NC leader said, appealing to the prime minister to give the people of the state an opportunity to exercise their democratic right by way of holding the Assembly polls.
MONTREAL – Cable television distributor and media company Cogeco Inc. (TSX:CGO) reports smaller fourth-quarter profits, mainly due to the impact of certain tax changes on the cable sector.The company recorded a profit of $44.9 million, or 83 cents a share, compared with $70.1 million, or $1.27 a share, in the year-ago period.Revenue was $356.7 million, up 7.7 per cent from $331 million a year ago.In a statement, the company attributes the decrease profit to changes in the corporate income tax rate in Ontario and to a reduction of the depreciation period of certain property, plant and equipment.Meanwhile, Cogeco Cable (TSX:CCA) reports profits of $45.7 million, or 94 cents a share, in the fourth quarter, down from $69 million, or $1.42 a share, a year earlier.Revenue increased 6.2 per cent to $324.8 million, compared with $305.8 million a year ago. Cogeco Inc. reports smaller 4Q profit, blames impact of tax changes by News Staff Posted Nov 2, 2012 2:31 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
“Sporadic exchanges of fire in areas near the line of contact continue to damage civilian infrastructure, leading to new humanitarian needs and creating risks of displacement,” said Andrej Mahecic, spokesperson for the Office of the UN High Commissioner for Refugees, at today’s regular press briefing in Geneva. “Safety and security remain major concerns for nearly 800,000 people living near the Line of Contact in the Donetsk and Luhansk regions in the country’s east,” he added. In June, the State Border Guard Service of Ukraine recorded more than 1.1 million crossings of the dividing line in eastern Ukraine – sparking UNHCR’s concern about difficulties over civilians’ freedom of movement, particularly while crossing the conflict line. “There are frequently long queues and subsequent delays at checkpoints. Those waiting to cross have limited access to basic services, such as drinking water, latrines, weather shelters and medical care,” the spokesperson noted. Mr. Mahecic pointed out that this creates additional hardships for those with limited mobility and specific needs, especially older people and mothers with children making the journey. “Since the beginning of 2016, nearly 586,000 retired and elderly people residing in the conflict zone lost access to their pensions as a result of verification procedures introduced by the Government of Ukraine. This has affected the most vulnerable groups, as many of them depend on pensions and social payments as their sole source of income,” he stated. “Those living in non-Government controlled areas are required to register as internally displaced persons with the Ukrainian authorities in order to have access to their rightful pensions and social payments,” he continued. UNHCR and partners advocate for displaced people to have full access to Government services and payments, and de-linking pensions and social benefits from residences. The agency also maintains that at least 40 communities near the dividing line have limited access to medical services – with some 150 healthcare facilities damaged since the start of the conflict – and medical personnel have left the area. Noting that in 2017, UNHCR helped to repair 89 schools, Mr. Mahecic stressed that “children in affected zones have limited access to education due to the security situation and damaged school buildings” with at least 700 damaged since the conflict began, including 55 schools this year alone. Earlier this year UNHCR received first-hand testimonies of displaced people while conducting focus groups with conflict-affected population – including women; orphaned children; persons with disabilities and medical conditions; and lesbian, gay, bisexual, transgender, queer, questioning and intersex people throughout 10 regions of Ukraine. Along with problems of security, access to basic services, and livelihoods, residents of frontline communities told of civilian houses being used for military purposes. “The stationing of combatants and weapons in residential areas places civilian populations at risk during fighting,” Mr. Mahecic underscored. In conclusion, the spokesperson stressed that UNHCR continues to call on all conflict parties to protect civilians and their communities from fighting and shelling, and to restrict the use of civilian homes for military purposes.
Several members of the Brock community are being recognized for their impact on the local arts scene.Brock alumni, staff and faculty have earned a number of nominations for this year’s St. Catharines Arts Awards, which recognize outstanding contributions to the arts in the Garden City.Visual artist Lauren Regier (BA ’14), costume designer Jo Pacinda (BA ’13) and the Twitches & Itches Theatre group, run mainly by alumni, are among those in the running for the 2017 Emerging Artist award.Gordon Cleland, a professor with Brock’s Department of Music and principal cellist with the Niagara Symphony, and Brock dramatic arts professor Danielle Wilson, co-founder and co-artistic director of Stolen Theatre Collective, have both been nominated for the Established Artist Award.Earning a nomination in the Making a Difference category is Gregory Betts, a poet and professor with the Department of English Language and Literature, and Marcie Bronson, Acting Director and Curator at Rodman Hall Art Centre.Rodman Hall itself has also been nominated in the Arts in Education category.Seeing that high level of recognition bestowed upon members of the Brock community creates a sense of pride in anyone affiliated with the Marilyn I. Walker School of Fine and Performing Arts (MIWSFPA), said MIWSFPA Director David Vivian.The accomplishments of alumni help to reaffirm the work that staff and faculty of the arts school are doing to support the arts in Niagara, he said.Regier, a graduate from Brock’s Department of Visual Arts, feels participation in the local arts scene is key.“Some of the best people and institutions in St. Catharines have positioned themselves to be generously receptive of new ideas, artwork and dialogue,” she said.“When it comes to contributing to the arts community post-graduation, it’s our willingness to attend talks and shows by people we don’t know, or to introduce and guide newcomers — that truly makes one an accessible and valued member of the cultural community.”Regier is being recognized for her work, which explores the relationship between nature and machines through photography, video, performance and installation art.Pacinda, a Brock theatre graduate and aspiring costume designer who works with a number of theatre companies in Niagara, has always dreamed of not just starting but building her theatre career in the region.“This nomination means I’m headed on the right path with that,” she said.Her recent work includes company costumer and design assistant for Essential Collective Theatre and wardrobe assistant for Yellowdoor Theatre Project, Foster Festival and Twitches & Itches.Pacinda said her Brock experience has helped to to get involved and give back to the local arts community.“The overall support the school has for its current students, alumni and staff is really fantastic,” she said. “It’s with all this support that alumni are able to contribute and help build the St. Catharines art scene.”The Arts Awards were first presented in 2005 to celebrate artists and supporters in St. Catharines, while also cultivating support for the arts sector.Awards are given out in five categories: Arts in Education, Emerging Artist, Established Artist, Making a Difference and Patron of the Arts.This year’s recipients will be announced during an evening of performances on Monday, June 5 at the FirstOntario Performing Arts Centre.A full list of nominees and more information on their work and contributions is available online.Tickets for the awards ceremony and arts celebration are available at the centre box office by calling 1-855-515-0722.
As Guyana moves to capitalise on the advances of the World Wide Web, citizens will no longer be required to travel vast distances to access many state services as these will be available online. This was revealed by Public Telecommunications Minister Cathy Hughes, as GTT launched its high speed Internet access in Region Two (Pomeroon-Supenaam).Minister Hughes said access to these State services will improve quality of life, noting that Government will soon roll-out the initiative to online platforms. This is slated to ease lines, lengthy waiting times and in many cases, long distances to travel.“We are still refining the process but very soon you will not have to travel to Georgetown and join long lines just to be able to submit your application for a passport – you’re going to be able to do either at your own computer at home or at any of the Wi-Fi hotspots or maybe at an ICT hub at a post office,” Hughes told a gathering at Anna Regina. She noted that the ICT hubs will be available at various locations across the country.Public Telecommunications Minister speaking at Anna ReginaMinister Hughes further stated that passport applications will be the first of many Government services that will go digital.“The objective is to place every single public service online including applications for birth, death certificates; driver’s licences; business compliance certificates; land, housing, mining and forestry permits; everything you could think of,” the Minister assured.Hughes pointed out that her hope is that Guyanese will be tech savvy and ready to use the Internet. Certain services at the Guyana Revenue Authority (GRA) and the National Insurance Scheme (NIS) are already available online.It was March 1 that residents along the Essequibo Coast were officially able to access GTT’s LTE service which enabled web users to access online content at lightening speeds.At the company’s launch, two days prior, the Public Telecommunications Minister alluded to the benefits that the enhanced service would have in Region Two (Pomeroon-Supenaam), noting that with the service, will facilitate opportunities for business development, research and education.She also pointed to the benefits to E-commerce and encouraged farmers as well as entrepreneurs within the region to use the Internet as a way of finding online markets.“I truly believe that ICT will deliver the transformation within the Guyana and innovative ideas can come from all sectors,” Hughes told the gathering at Anna Regina last week. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedGOING PLASTICNovember 19, 2016In “Business”Pomeroon residents to benefit from free internet by SeptemberAugust 7, 2019In “latest news”Project on stream to allow Hinterland residents access to Gov’t services onlineJanuary 5, 2018In “latest news”
Rockabilly’s Wanda Jackson Stops Touring At 81 rockabillys-wanda-jackson-retires-performing-81 News Wanda Jackson’s 2011 album The Party Ain’t Over was produced by Jack White, which followed the more stripped-down sound of her 2012 follow-up Unfinished Business. While her public appearances as a performer have come to an end, it is reasonable to believe this is an artist with more unfinished business ahead.Robbie Robertson’s Rock For The AgesRead more Email Twitter Rockabilly’s Wanda Jackson Retires From Performing At 81 https://twitter.com/wandajofficial/status/1095749957305409537 Facebook The pioneer celebrated the unexpected step back from her tour schedule as “the beginning of a new chapter”Philip MerrillGRAMMYs Mar 27, 2019 – 4:30 pm Wanda Jackson shared “her retirement from performing” over social media on March 26. “This retirement is solely based on health and safety,” her message read. “It has been a wild ride. Thank you all for all the years of continued fandom and support. This is not the end, just the beginning of a new chapter.”Born in 1937, by the time she graduated high school in Oklahoma City, Jackson had hosted a local radio show for years. Her stylistic range included pop, country and rockabilly and her friend and rock-mentor Elvis Presley encouraged her to follow his lead. Her outfits also helped establish a frillier side of country fashion. Jackson’s eponymous 1958 debut album included her full range, but her cover in 1970 of Presley’s “Let’s Have A Party” set the direction of the public performances she continued until her retirement message, more than 60 years later.
Dungeness crab. (NOAA photo)Most areas in Southeast closed to commercial fall fishing for Dungeness crab on Nov. 30.The State has crunched the numbers and the season was below average in both harvest and participation.First, the numbers. The harvest was 547,000 pounds. That’s less than the five-year average of 715,000 pounds. This fall’s harvest is 17 percent of the year’s total harvest which is about 5 percent less than what it’s been recently.The participation was also down. 118 permit holders participated in Southeast which is about 20 less than last year. And it’s far less than the state biologists were expecting.Kellii Wood is a crab biologist with the Alaska Department of Fish and Game. She says they don’t know why so few Dungeness crab were harvested this fall. There are many unknown variables such as molt timing, the fact that not all females reproduce annually and predator-prey interactions.“It’s hard to say,” Wood said. “We don’t have a stock assessment survey.”Such a survey would give scientists a better idea of how many crab might be available for harvest in a given year. But with the state budget the way it is there’s not much hope that such research would be funded anytime soon.District 6 saw the largest harvest of the fall fishery, which includes Duncan Canal, the Wrangell Narrows and portions of Sumner Strait. Fishermen there brought in over 65,000 pounds. District 11 was next with over 61,000 pounds. That includes Seymour Canal and the back side of Douglas Island. District 15 brought in about 56,000 pounds which includes Upper Lynn Canal and Chilkat and Chilkoot Inlets.Prices were similar to last year’s averaging $3.03 per pound. The value of the fall fishery was $1.7 million.Adding the fall harvest to the summer harvest, you get 3.24 million pounds. That’s about a million pounds short of what biologists expected (4.3 million).But not hitting the mark isn’t that unusual, said Wood. After all, what is expected is a fluctuating population.Dungeness crab are on a four to five year life cycle and the commercial fishery sees the population fluctuate accordingly.Last year’s record Dungeness crab fishery was part of another apparent cycle.“It seems like every eight to 10 years we have a big pop in harvest,” said Wood.”And then it gradually goes down and then it will come up a little bit and then goes down and then it will be a big pop again.”“So last year might have been the big pop?” I asked.“We had a big pop last year, yeah,” Wood said.Without a stock assessment the state department uses estimates based on this formula: the first seven days of the summer season’s landed poundage and the number of permits that made landings in the first seven days of the summer season and then a ratio between the catch for the first seven days of the previous season to the total catch for the previous season.“And we put that into our regression model and out pops our estimate for the year,” Wood said.Which she said is fairly accurate.Although it wasn’t exactly predicted this year’s lower harvest had been seen before.“It’s cyclical,” said Wood. “It’s similar to the fall harvest in 2010 and ’11, it’s almost identical.”And although this fall’s harvest and effort is significantly lower than last year–like about half the harvest—Wood said last year was unusually good. 974,000 pounds were hauled in last fall which was the third highest harvest on record.So, while they weren’t the best numbers this year it may feel even worse following such a top year.“When you’re comparing it to the previous year, that’s tough,” Wood said.A few areas in Southeast still remain open to Dungeness crab fishing: Districts 1 and 2 and Section 13-B which close on February 28. Then the commercial fishery will remain closed until the summer season starting June 15.
Doug Young for The Texas TribuneU.S. Sen. Ted Cruz, R-Texas, speaks to supporters at Fourth of July festivities in McAllen.U.S. Sen. Ted Cruz, R-Texas, waded into this Democratic stronghold Tuesday to celebrate the Fourth of July — and predictably got an earful from protesters, many upset with the Senate’s efforts to repeal and replace Obamacare. Cruz, who has a knack for confrontation with his political opponents in Washington and far outside it, had to speak over the demonstrators for most of his speech at an Independence Day ceremony, twice pausing to address the commotion. They were countered by a similarly vocal group of Cruz supporters, who sought with varying success to drown them out with chants of “USA!”“Isn’t freedom wonderful?” Cruz said shortly after taking the stage. “Think about it: In much of the world, if protesters showed up, they would face violent government oppression. In America, we’ve got something different.”As he ended his remarks, Cruz again made reference to the protesters, addressing them as “our friends who are so energized today that they believe that yelling is a wonderful thing to do.”“I will say you have the right to speak, and I will always defend your right to speak and participate in the democratic process,” Cruz said. “That’s what makes us free, that’s what makes us America.”Cruz received a calmer reception later in the morning as he participated in a parade through downtown McAllen, waving from the back of a convertible followed on foot by two security guards. Yet Cruz’s appearance in McAllen did not go unnoticed by local Democrats. Speaking after Cruz at the ceremony, U.S. Rep. Vicente Gonzalez of McAllen called on Cruz, who was seated behind the congressman, to join him in urging President Donald Trump to work to bring home military veterans who have been deported. Gonzalez recently met with Trump about the issue. “Today I ask Sen. Cruz to support me on this idea — and all the others senators and members of Congress,” Gonzalez said. “We should not leave one soldier behind.”Cruz’s involvement in the July Fourth festivities had become something of a local story here in recent days. After the announcement of his participation drew a backlash, McAllen Mayor Jim Darling released a statement defending the senator’s attendance at the event, which Darling called an “opportunity to engage in productive dialogue.”There appeared to be an initial possibility that Cruz could meet with La Union del Pueblo Entero, a local immigrant rights group, while in McAllen. But the organization ultimately declined to visit with Cruz, pushing instead for a town hall where the senator could hear directly from his constituents. Cruz has made three trips to McAllen since December, part of an uptick in travel across the state after his 2016 presidential campaign — and a 2018 re-election race against U.S. Rep. Beto O’Rourke, D-El Paso. For his part, O’Rourke was over 600 miles away Tuesday morning, participating in the July 4 festivities in Lubbock, an area as Republican as McAllen is Democratic.“I think the fact [Cruz] has been in office so long and only recently taken interest in the Rio Grande Valley means that he’s not really interested in listening,” said John-Michael Torres, the communications coordinator for LUPE. “He’s just trying to improve his image.”While the town hall did not materialize Tuesday, Cruz did get some face time with his critics. He worked the crowd for several minutes before the ceremony, though he stopped short of the most vocal group in the bleachers, where awaiting him were signs saying, “Ted wants us dead,” and “Cruzin for a Bruzin 2018.” Speaking with reporters after his remarks, Cruz suggested the protesters were part of “a small group of people on the left who right now are very angry.” Asked if he planned to directly acknowledge the protesters, he insisted he had visited with them when he greeted the crowd earlier and nodded to some common ground, noting he saw one sign about health insurance costs being too high.“I tell ya, I agree,” said Cruz, who has had a key role in negotiating the Senate’s plan to repeal and replace Obamacare, though he remains a holdout on its most recent version. “I hear that from Texans all over the state who face premiums skyrocketing under Obamacare, who want relief.”Health care was a resonant issue for Matthew Martinez, a local accountant who was toting one of many signs in the crowd reading, “Health care is a human right,” on one side and “Beto 2018,” on the other.“He wants to completely gut Obamacare,” Martinez said of Cruz, “and he’s one of the few people against the Trump plan because he wants it to be stronger, which is crazy.” Alex Gelman, a local GOP activist who had helped pass out pro-Cruz shirts and signs, said he and others wanted to show Cruz still has support in the Valley despite its strong Democratic tradition. Lingering on the sidewalk after the program, he said he found the protesters a bit disrespectful. “If you want to protest us, fine, but just let him speak,” Gelman said. “He might — might — say something you like.” Share
Jewellery constitutes an integral part of a women’s wardrobe and accessorizing oneself with the right ornaments for an occasion is very important to lift up your styling essence. Things get a little tricky when you have to pick the right pieces for work. Pearl earrings to white stone bracelets, experts list some options. Here are a few important tips to enhance your office look by selecting the right kind of jewellery:Choosing right pair of earrings for your office appearance is very important as it can make or break your entire look. Therefore one should pick elegant earrings in serene pearls or gemstones that can impart a sophisticated look with their attractive designs. Also Read – Add new books to your shelfBold metallic rings look very stylish at workplace when they are worn with the smaller ones in the same finger, above the knuckle. To let them shine, keep rest of your fingers bare.Delicate chains or necklaces are more appropriate for office environment than big neckpieces. They add a hint of elegance to the attire without drawing much attention. Buying high-quality, timeless necklaces are considered a sound investment.One should never choose a bracelet with small tinkling bells as it can create a disturbance in the decorum of the office. Rather one should opt for chic and modish tennis bracelets embellished with Swarovski crystals and white stones that can instantly uplift your confidence.Take your boardroom look a notch higher by ditching your simple round studs. Break the monotony by opting for either bar shaped studs or small hoop earrings.Opt for diamond or gold delicate bracelets or bangles which will give you a more professional look rather than big, chunky cuffs or bracelets.
Gay porn star Jordan Joplin charged with murderAlleged gay serial killer Bruce McArthur charged with sixth murderToronto police force ‘needs to rebuild LGBT community trust’ before marching in PridePINK NEWS- eTN Chatroom for Readers (join us) He was reportedly due to attend a medical conference with the surgeon, but he never showed.He rang local police to report the issue, and officers received no response when they enquired at his Alaska property.When Joplin was back in Alaska he let police into the home using his spare key, where they found Dr. Garcia dead.Officers say they believe he had been dead for around 10 days.“There was nothing suspicious about the actual body or the scene to indicate at the time that there was any foul play,” Dossett said of the March 27 discovery at the time.Police eventually arrested Joplin and transported him to Ketchikan where he is being held on £140,000 ($200,000) bail.The trial is due to take place in November 2018.Share this:TwitterFacebookLike this:Like Loading… He has now been charged with Dr. Garcia’s murder.Joplin allegedly stole two tons of valuables – including expensive watches, gold and a coin collection worth as much as £350,000 ($500,000), according to a Ketchikan grand jury.Jordan Joplin (Sean Cody)He faces charges of first degree theft and murder, both of which he has pleaded not guilty to.Police are yet to confirm exactly how Dr. Garcia died.Joplin, who was known as Zack on Sean Cody, Logan Cruise on Men.com and Bromo, and Rob Stonebridge on Randy Blue, visited Dr. Garcia on March 16 according to records. A former gay porn actor has been charged with the murder of a surgeon in Alaska.Adult entertainer Jordan Joplin, 32, was charged with theft from surgeon Dr. Eric Garcia in 2017, according to KTUU.
Fed,Regulators Propose Higher Capital Requirements for Largest Banks in Data, Government, Origination, Secondary Market, Servicing Share July 9, 2013 507 Views Federal regulators announced a proposal Tuesday to double the standard Basel III leverage ratio for the “”largest, most systemically significant”” banks. [IMAGE]In separate statements Tuesday, the “”Office of the Comptroller of the Currency””:http://www.occ.gov/ (OCC), “”FDIC””:http://www.fdic.gov/, and the “”Federal Reserve Board””:http://www.federalreserve.gov/ (FRB) announced a proposed rule that would require certain banks to meet a 6 percent supplementary leverage ratio to be considered “”well capitalized.””The proposal would also require covered bank holding companies to maintain a tier 1 capital leverage buffer of at least 2 percent above the minimum supplementary leverage ratio requirement of 3 percent, for a total of 5 percent, the regulators stated. [COLUMN_BREAK]Currently, the proposed rule would apply to eight banks. If adopted, the rule would take effect on January 1, 2018. The OCC also announced it gave approval for a final rule on regulatory capital that is expected to offer relief to community banks. The FDIC also revealed it approved an interim final rule (IFR) that is identical to the final rule from the FRB last week and the rule just issued by the OCC. “”I’m pleased that the new capital rule not only improves the quantity and quality of capital, but does so in a way that minimizes the burden on community banks and federal savings associations,”” said Comptroller of the Currency Thomas J. Curry.The OCC stated one key change to the final rule from the June 12, 2012 proposal is the final rule does not change the current treatment of residential mortgage exposures.””This was an important issue for many community banking organizations seeking to continue to meet the credit needs of their customers,”” the OCC stated. Jeremiah Norton, FDIC director, expressed his support for the IFR, but acknowledged the rule “”contains a number of provisions that fail to address known and potential risks to the banking system.””For one, he stated, the “”U.S. housing market was at the center of the financial crisis–yet today we are not modernizing the risk-weights on banks’ mortgage loans.”” Agents & Brokers Attorneys & Title Companies Basel Accords FDIC Federal Reserve Investors Lenders & Servicers OCC Processing Regulation Service Providers 2013-07-09 Esther Cho
Deutsche Bank Prepares to Tackle Legal, Law Enforcement Troubles Since the close of the financial crisis, Germany’s largest bank, Deutsche Bank, has faced several settlements related to violations of U.S. sanctions, rigging of interest-rate benchmarks, and allegations that it defrauded mortgage issuers Fannie Mae and Freddie Mac.Now, the bank is ready to resolve its legal and law enforcement problems that have occurred all over the world since the close of the financial crisis.As of today, the bank has paid over $9.3 billion in fines and legal settlements since 2008, according to a Bloomberg article.In addition to dealing with a variety mortgage-backed securities suits, Deutsche Bank is also facing an investigation by U.S. and U.K. authorities over whether its internal controls failed to catch some $10 billion in transactions that may have moved money out of Russia, Bloomberg reported.In August 2015, the 5th U.S. Circuit Court of Appeals in New Orleans has revived a lawsuits filed by the Federal Deposit Insurance Corp., accusing Deutsche Bank, Goldman Sachs, and the Royal Bank of Scotland of fraud with regards to $840 million worth of mortgage-backed securities sold to a Texas bank that later failed, according to multiple media reports.In another case, in December 2013, Deutsche Bank said it would pay $1.9 billion to settle claims that it defrauded Fannie Mae and Freddie Mac in the sale of mortgage-backed securities before the 2008 financial crisis, according to an article from Reuters.”Today’s agreement marks another step in our efforts to resolve the bank’s legacy issues, and we intend to make further progress in this regard throughout 2014,” Co-Chief Executive Officers Juergen Fitschen and Anshu Jain said in a statement.In a note to employees, Co-CEO John Cryan said the bank is “absolutely rock solid”and has a plan to cover its legal costs. “I am personally investing time to resolve successfully and speedily open regulatory and legal cases. A small group of senior people, led by me, will focus on this.” in Daily Dose, Featured, Government, News, Origination, Secondary Market, Servicing Deutsche Bank MBS 2016-02-10 Staff Writer February 10, 2016 759 Views Share
With its decision to march to the presidential palace to protest a cabinet decision to allocate more money to compensate members of provident funds for deposits losses in 2013 bank union Etyk appears to ignore past favours, Finance Minister Harris Georgiades said.“Etyk’s protest does not seem to take into account what the state has done in favour of its members,” the minister said in an emailed statement on Tuesday. “Almost all 60,000 members of provident funds, including 4,500 bank workers, earn 75 per cent while 1,000 other workers at Bank of Cyprus who secured amounts in excess of €100,000 maintain the prospect of additional recompense by the bank”.Thousands of bank workers staged a demo outside the Presidential Palace early on Tuesday afternoon, calling on the government to allow more funds to compensate them for their losses after the bail in.In 2013, the government made €300m available to compensate members of funds for deposits lost in the bail-in and in July 2017 made another €168m available to increase the recoupment to 75 per cent of losses per member or up to €100,000.On Thursday, the council of ministers decided to allocate an additional €20m by relaxing the criteria for provident fund members who have meanwhile left Bank of Cyprus. The lender offered to compensate its workers for their losses in exchange for an agreement on a new remuneration system.Provident funds lost approximately 70 per cent of the €1.1bn they held in deposits at Cypriot banks in defiance of repeated supervisory warnings to avoid risk concentration.“The above arrangements, finalised by the cabinet and implying a significant burden to the budget, fulfil the state’s commitments and at the same time ensure basic social justice,” he said. “Let me remind that thanks to the government’s efforts, no bank worker was fired even after banks went down, contrary to what happened with many other fellow citizens working for the private sector”.Several parties, including Diko, Edek, Solidarity and the Environmentalists expressed their support to Etyk’s position.You May LikeLuxury Crossover SUV I Search AdsThese SUVs Are The Cream Of The Crop. Search For 2019 Luxury Crossover SUV DealsLuxury Crossover SUV I Search AdsUndoDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndo Turkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoConcern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboola
The informal dinner hosted by the UN next Monday will be a good opportunity for the leaders of the island’s divided community to meet face-to-face and talk, UN Secretary General Special Representative and Deputy Special Adviser on Cyprus Elizabeth Spehar said on Tuesday.She was speaking after a meeting with Turkish Cypriot leader Mustafa Akinci in the morning.A meeting is also on the cards for Friday with President Nicos Anastasiades.The UN official said it would be the first encounter between the two men since last year.“We think it would be an opportunity for the two gentlemen to meet face-to-face and to discuss,” she told reporters.Government spokesman Prodromos Prodromou said the president had also scheduled meetings on Wednesday with the heads of the bicommuncal technical committees. The aim is to reaffirm the Greek Cypriot side’s commitment to continuing its work.An effort was also afoot to arrange a meeting between Greek Cypriot party leaders ahead of Monday’s dinner with Akinci, but no date has been fixed yet.The dinner takes place against a backdrop of mistrust between the two sides and the added thorn concerning the Republic’s natural gas activities, which Turkey strongly disputes.Both leaders have stressed that there is no agenda for Monday, although it is highly likely that the gas issue will come up.The latest round of UN-led talks collapsed in acrimony in Switzerland in July 2017 and developments over the gas issue have made conditions worse.In February, Turkish warships prevented Italian energy company ENI from drilling in a field inside block 6 of the Republic’s exclusive economic zone (EEZ).Ankara argues it is safeguarding the rights of Turkish Cypriots, but it also has its own claims inside Cyprus’ EEZ.Turkish Cypriots want to have a say on the issue and want it discussed at the talks.Greek Cypriots reject the idea, arguing that it has already been decided that it should be handled by the federal government after the island’s reunification.The EU has urged Turkey to avoid threats and refrain from actions that could damage relations with the bloc.EU leaders have condemned what they described as ‘continued illegal actions’ by Turkey in the Eastern Mediterranean. You May LikeNovelodgeTime Has Not Been Kind to Martial Artist Bolo Yeung At 72NovelodgeUndoLoanPrideNo One Expected Fitness Star Denise Austin To Turn Out Like ThisLoanPrideUndoMoney News TipsInstant Language Translator Device Taking United States By StormMoney News TipsUndo At least 20 killed, 50 injured in attack on VP candidate’s office in KabulUndoIran’s Revolutionary Guards publish purported exchange with British warshipUndoLicences for ENI and Total to explore block sevenUndoby Taboolaby Taboola
By Evie AndreouEducation Minister Costas Hambiaouris on Monday refuted claims that the government would take vindictive measures against striking teachers, but stressed it plans on finding ways to best tackle the issue by protecting the rights of pupils.Hambiaouris, along with the ministers of agriculture and labour, had a meeting on Monday with Attorney-general, Costas Clerides, to discuss legal instruments for managing the 48-hour teacher strike which is set to start on Tuesday. The three ministers were appointed by the cabinet as a committee tasked to handle the education crisis.The minister refrained from elaborating on whether the committee came to any conclusions during their meeting with Clerides.“Because the right to strike is constitutionally guaranteed and fully respected, we have discussed with the Attorney-general ways to take legal measures so that the state can ensure unhindered provision of education to our children and their right to learn,” Hambiaouris said.He reiterated that any decisions taken would not concern counter measures. “To make this clear; we do not know who has adopted this term, I just repeat, [we’ll take] legal measures to manage the situation for our children to have unhindered access to their education,” Hambiaouris said.On whether striking teachers would see their wages slashed, Hambiaouris said that this was one of the issues to be looked into in due time.On Sunday the head of the primary education teachers, Fylios Fylaktou had said that they had sought legal advice from the law firm of Alecos Markides, a former attorney-general. The advice given, according Fylaktou, “clearly said the teacher’s salary is not in exchange for what he/she does in school, but that it ensures his/her living […] so that they can perform his/her vocation. Therefore, classroom and extracurricular activities cannot be valued in money, so there can be no pay deduction.”But Markides told the CyBC the law stipulated that an employer was not obliged to pay salaries for the days workers were on strike.Hambiaouris on Monday refrained from making further statements so as not to increase tension.Prior to the meeting with Clerides, Hambiaouris refuted reports that his ministry was planning on taking vindictive measures or that it would carry out disciplinary probes. He said that they would study with the attorney-general the measures taken by educational organisations and see how they could manage the crisis in the best possible way, away from controversy and tension.In view of the strike, the education ministry announced that it would not be in a position to offer protection and safety in schools on Tuesday and Wednesday.Organised parents, who on Monday blamed both sides for the ongoing crisis in education, advised that children would be best kept home during the strike for safety reasons.In a statement, the federation of secondary education parents’ associations said that despite the fact that government and teachers had been declaring on every occasion the last couple of months that their top priority was the good of pupils, their actions showed the opposite.“None of them shows substantive will and cooperation to resolve disputes and to restructure the education system,” the parents said. “We are confident that when they finally realise that the focus, is or should be, the pupils, and when there is substantive will, flexibility and cooperation on both sides, then we will surely find a solution to all the problems faced by the public school.”Meanwhile, primary and secondary teacher unions officially announced on Monday they would go on a 48-hour strike as of Tuesday and called on all their members to participate.Unions Poed, Oelmek and Oltek said that their boards, following the green light given to them by the majority of their members earlier in the month, have jointly decided to take strike measures to protest against the “unilateral decisions” of the cabinet last July, but also the subsequent “unacceptable stance of the government” against educators in general and their leadership and public school.In a written statement, the three unions called on all educators in state schools, but also those teaching in night schools, adult education centres and those seconded to the education ministry to “participate in our just struggle” to defend public education.In a news conference on Monday, Fylaktou said the issue was not the free periods or the money but the government’s unilateral decisions.“We will defend the public school because it is the one that accepts all kids without exception, kids from low socioeconomic levels, kids with problematic and delinquent behaviour, kids with special needs,” he said.Fylaktou said the unions have prepared themselves for a lengthy struggle but hope there will not be a need for one.All three teaching unions decided to go on strike last week because the government rejected additional demands made after an agreement between the unions and the ministerial committee had been reached. The two-month dispute concerns the decision by the government to slash some of the teaching exemption benefits of state educators in a bid to save funds to be used for other needs in public education. You May LikeEchobeatThese New Wireless Earphones Are The Best Buy Of 2019EchobeatUndoBusiness FlightsBusiness Class Flights Are Becoming A CommodityBusiness FlightsUndoBigKidCeationsCHH 2 in 1 Dominoe Hub – Train and ChickenBigKidCeationsUndo Cyprus’ Dothraki warriorUndoProtest outside the House over foreclosures lawUndoMorphou bishop now claims gay men have a ‘nasty smell’Undoby Taboolaby Taboola
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