FCA warns banks and brokers over risks of home working

first_imgIn order to protect against misconduct, it added that firms should ensure they have the right controls in place ensure such information is not misused. It also clarified that it would use enforcement measures where necessary.  In order to ensure standards are upheld, the FCA warned that it might ask participants to demonstrate how they are meeting the requirements.  whatsapp Since mid-March, many bankers and brokers have been working from home as the coronavirus outbreak forced people into an extended bout of home working. The financial services watchdog today warned that banks and brokerages are facing increased risks around the handling of sensitive information due to the rise of home working as a result of the coronavirus pandemic. (Getty Images) Also Read: FCA warns banks and brokers over risks of home working Show Comments ▼ Share If not, it warned, “such misconduct could undermine investors’ confidence and willingness to support companies raising new capital”. Wednesday 27 May 2020 2:35 pm “Given market uncertainties and changed working arrangements, issuers need to be extra vigilant about the possibility of leaks and rumours, and identify whether there has been a breach of confidentiality”, the FCA said. Listen to our daily City View podcast as we chart the economic fallout and business impact of the coronavirus pandemic.center_img With considerable uncertainty as to when and how such workers will be allowed to return to offices, extra onus has fallen upon firms to keep an eye out for misconduct. In its weekly bulletin, the Financial Conduct Authority (FCA) said that “working from home arrangements may raise new, additional risks around identifying and handling inside information”. (Getty Images) Edward Thicknesse whatsapp FCA warns banks and brokers over risks of home working It added: “During this period, we encourage a particular focus on maintaining robust market surveillance and suspicious transaction and order reporting by relevant market participants”. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoArticles StoneTeacher Throws Marine Out, He Gets The Last LaughArticles StoneUndoBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext RefinanceUndoGloriousaOctomom’s Kids Are All Grown Up. Here’s How They Turned OutGloriousaUndo (Getty Images) Also Read: FCA warns banks and brokers over risks of home working Tags: Coronaviruslast_img read more

When China Needed a Surfing Coach for Its Olympic Team, It…

first_imgSportsWhen China Needed a Surfing Coach for Its Olympic Team, It Reeled in a Local LegendLongtime Huntington Beach wave rider Peter ”PT” Townend is bringing beach culture to a country that’s never had itBy Aaron Hicklin – April 17, 20192232ShareEmailFacebookTwitterPinterestReddItIn 2016, after years of lobbying, the International Olympic Committee announced that surfing had been added as an official event for the Paris Olympics in 2020. The decision sent many nations, including some unlikely ones, scrambling to build teams. In short order, hundreds of hopeful surfers from Japan, China, and South Korea descended on Huntington Beach, the surfers’ paradise that trademarked itself as “Surf City” in 2006.Many of them ended up calling Peter “PT” Townend, an Australian surf legend who was inducted into the Huntington Beach Surfing Walk of Fame in 1998. Ruddy-faced and with a distinctive, rumbling laugh, Townend won the first pro surfing tour, held in 1976, and settled in Huntington Beach with his American bride a few years later. As a surfer, he knew how to entertain his fans, hitting the sand with a shocking pink surfboard and indulging a penchant for gold lamé jumpsuits a la David Bowie. At the zenith of his career, he could surf 30-foot waves in Hawaii as if they were mere wavelets, although one hit him so hard he suffered a double hernia. He survived, but one of his friends did not. “When you are young, you feel invincible,” he says. “Now I like to go surfing when it’s civilized—when the waves are a meter high.”https://www.instagram.com/p/BinE8zmH4SL/Lately Townend has accepted a new challenge—coaching China’s nascent national surf team. At the time of the Olympics’ surfing announcement, the coach was in Hangzhou in eastern China, directing the Silver Dragon—an international surf contest that takes place on the Qiantang River. A day later he found himself with an official from Beijing’s Bureau of Water Sports. “He looked at me and said, ‘How do we get good at this?’ And I said, ‘Well, first you’ve got to learn how to swim,’” Townend recalls, exploding into a throaty laugh. “There’s no point blowing smoke up their ass.”In the last two years, Townend has trekked back and forth to Hainan, an island in the South China Sea with a climate and conditions similar to Hawaii’s, to train the national squad. Like Japan, which persuaded Huntington Beach local Kanoa Igarashi to adopt Japanese nationality to compete in 2020, China has tried to convince Chinese Americans to switch flags. “The government gave me a million dollars to go and find those people, but there’s one condition: You cannot have dual citizenship,” says Townend. He found one potential surfer who considered the offer—$250,000 on top of sponsorships—but the prospect backed out when he discovered how hard it would be to get his U.S. citizenship back.https://www.instagram.com/p/BtCHeWen5Ps/China’s most promising Olympic hopeful, 15-year-old Alex Quizhou, was recently in Huntington Beach, where he made the semifinals of the National Scholastic Surfing Association, but Townend admits that the country has no chance of qualifying for Tokyo next year. “There’s never been a beach culture in China,” he says, adding that surfing is, at its core, about fun and isn’t one of those pursuits that benefits from the merciless intensity with which China trains its other athletes. He often quotes his fellow Australian surfer Tom Carroll, who says that the best surfing happens when you’re not thinking about it.As a result of these stylistic differences, Townend has endured a rather tumultuous on-again-off-again relationship with the Chinese team. But he remains bullish about China’s prospects at the L.A. Olympics in 2028. In February, when surfing was added to the China Youth Games, 500 young surfers descended on a new Hainan center. Quizhou won and may have a real shot when the Olympics come to L.A., although the competition will likely be dominated by surf-loving nations like the U.S., Australia, and Brazil.Meanwhile, the arrival of advanced artificial wave machines, like one developed by surfing champ Kelly Slater in Lemoore, will soon mean that no one need be near an ocean to surf. Instead, the waves can come to you. China has already installed such an apparatus in Hainan and has plans for more. Townend thinks it’s possible that the 2028 Summer Games may even opt to use a wave machine, given the need for consistency. That might be a blow to the Olympic-hosting hopes of Huntington Beach, but Kelly Miller, CEO of Visit Huntington Beach, remains optimistic. “We’ve engaged some people that are very connected in the Olympic movement to give us a raw and honest opinion, and our sense is that we will stand a good chance,” he says. “People from Paris have been here, people from Tokyo, and the International Surfing Association, so there’s a little buzz around us.”RELATED: How L.A. Stuck the 1984 OlympicsStay on top of the latest in L.A. food and culture. Sign up for our newsletters today. TAGS2020 Olympics2028 OlympicsChinaHuntington BeachPeter “PT” TownendSurfingPrevious articleA History of L.A.’s Most Legendary Bygone Music FestivalsNext articleSean Hannity Definitely Doesn’t Know What In-N-Out’s “Animal Style” IsGwynedd Stuart RELATED ARTICLESMORE FROM AUTHORAfter Several Controversies, Tito Ortiz Resigns from Huntington Beach City CouncilThe Huntington Beach City Council Wants Anti-Masker Tito Ortiz Removed as Mayor Pro TemWhy Did an Alleged Chinese Spy Try to Infiltrate California Politics?last_img read more

Betfair revenue up as number of punters rises

first_imgMonday 3 November 2014 8:33 pm whatsapp Share whatsapp Ollie Gordon Betfair revenue up as number of punters rises More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com BETFAIR, one of the world’s largest internet betting exchanges, yesterday announced it had seen a 22 per cent boost in revenue in the second quarter of 2014. The betting giant’s revenue rose to £119m in the three months up until the end of October, driven by what it defined as “strong growth in active customers and favourable sporting conditions”. If discounting the unusually high gross win margins over the period, revenues would still have grown by 13 per cent.Betfair experienced a substantial boost in customer activity over the second quarter, with its active customer base expanding by 30 per cent in the three months. The London-based company benefited in the first quarter from a strong performance relating to the World Cup in Brazil, with reported revenues for September up 30 per cent year-on-year to £117.3m. Betfair chief executive Breon Corcoran explained that the company had been focusing on “maintaining [that] momentum” through the second quarter.Corcoran added: “These trends, combined with favourable sporting results, have led to another strong quarter and underpin our confidence in delivering our expectations for the year.”The company share price rallied in reaction to the news, rising 3.55 per cent to £12.53 yesterday. The upbeat results were announced as the company held a presentation for investors and analysts yesterday to discuss its new product development and technology capabilities. Show Comments ▼ Tags: Paddy Power Betfairlast_img read more

Asian life insurer AIA weathers China storm to note rising profit

first_img whatsapp Friday 21 August 2015 5:27 am Show Comments ▼ Tags: Chinese economy ASIAN life insurer AIA yesterday reported a robust rise in the profitability of new policies it sells to customers alongside a double- digit increase in the value of this new business.Tottenham Hotspur-shirt sponsor AIA has shrugged off China’s slowdown. Formerly part of US giant AIG, it hiked its new business margin to 55.8 per cent in the six months to May, compared with a 50.8 per cent margin for the same time last year. Overall, its value of new business grew by 21 per cent to $959m (£612m). AIA said its net income also rose to $2.2bn in the six-month period from $1.6bn a year ago.Run by ex-Prudential chief Mark Tucker, AIA said: “Asian economies have proved resilient through re­cent economic cycles and the long-term economic outlook for em­erging Asia ex-Japan remains posi­tive, notwithstanding contin­u­ing turbulence in global capital markets. While Asia is not isolated from near-term economic factors outside the region such as… a more demanding global regulatory envir­on­ment, the Asian markets… are well-positioned to withstand these challenges.” Sharecenter_img Express KCS More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Asian life insurer AIA weathers China storm to note rising profit whatsapp Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom NationUndoPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsUndoUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndolast_img read more

Pricey drugs overwhelm Medicare safeguard

first_img Tags drug priceshepatitis CMedicare Gilead and Massachusetts agree to rebates for hep C drugs Medicaid spends a lot on outpatient drugs, but which cost the most? Matt Rourke/AP By Associated Press July 25, 2016 Reprints Inside the $100 million ad blitz for a $1,100-a-pill drug for hepatitis C “If the numbers continue to increase like this each year, I worry about how much the taxpayers could afford,” said Grassley, who plans to ask Medicare for explanations.“It may be that some drug companies are taking advantage of government programs to maximize their market share, and we need to know whether that’s the case,” he added.Catastrophic coverage will soon cost as much as the entire prescription program did when it launched, said Senator Ron Wyden (D-Ore). “Congress can’t continue to stand idle.”Experts say the rapid rise in spending for pricey drugs threatens to make the popular prescription benefit financially unsustainable.Nonpartisan congressional advisers at the Medicare Payment Advisory Commission have called for an overhaul. The presidential candidates, as well as the Obama administration, have proposed giving Medicare legal authority to negotiate prices.The drug industry says Medicare patients are getting valuable, innovative medicines.Lisa Joldersma, policy vice president for the Pharmaceutical Research and Manufacturers of America, also questioned the cost numbers. “I would push back on the notion that taxpayers are bearing 80 percent of the risk here because the numbers do not reflect rebates,” she said. Related: Rebates for individual drugs are not disclosed. They averaged nearly 13 percent across the entire program in 2013, according to government figures, and were estimated at about 17 percent for 2015.Most beneficiaries haven’t seen a drastic hit yet from rising drug costs, but that may be changing. This year, average premiums went up more than 15 percent in five of the top eight drug plans, according to the Kaiser Family Foundation.Concerns about catastrophic costs undercut the image of Medicare’s prescription program as a competitive marketplace in which private insurers bargain with drugmakers to drive down prices.“The incentive is to price it as high as they can,” said Jim Yocum, senior vice president of Connecture, Inc., a company that tracks drug prices. Medicare is barred from negotiating prices, “so you max out your pricing and most of that risk is covered by the federal government.”An architect of the program says no one anticipated $1,000 pills. Former Medicare administrator Tom Scully said catastrophic coverage was meant to protect patients taking many different medicines over months and years.“The pricing is pretty wild,” he said.— Ricardo Alonso-Zaldivar Related:center_img Medicare’s catastrophic coverage was originally designed to protect seniors with multiple chronic conditions from the cumulatively high costs of taking many different pills. Beneficiaries pay 5 percent after they have spent $4,850 of their own money. With some drugs now costing more than $1,000 per pill, that threshold can be crossed quickly.advertisement Associated Press Lawmakers who created Part D in 2003 also hoped added protection would entice insurers to participate in the program. Medicare pays 80 percent of the cost of drugs above a catastrophic threshold that combines spending by the beneficiary and the insurer. That means taxpayers, not insurers, bear the exposure for the most expensive patients.The numbers provided to the Associated Press reflect the total paid by taxpayers, insurers, and beneficiaries. They offer a glimpse into the volatile and often mysterious world of high-cost drugs:Catastrophic spending for Harvoni and Sovaldi — two hepatitis C pills from Gilead Sciences — more than doubled in two years, from about $3.5 billion in 2014 to nearly $7.5 billion in 2015. Harvoni topped the list of Medicare’s high-cost drugs last year; Sovaldi was first in 2014. The FDA approved Sovaldi in December 2013, and its $1,000-per-pill price quickly made headlines. A congressional investigation last year found that Gilead was focused on maximizing revenue, even as a company analysis showed that a lower price would allow more patients to be treated.Revlimid, a cancer drug derived from 1950s thalidomide, surpassed $1.7 billion in catastrophic costs in 2015, coming in second among high-cost drugs. Spending on the medication from biotech company Celgene increased by 50 percent in three years.Gleevec, a breakthrough drug introduced in 2001 to treat leukemia, was ensconced as fifth among the top 10 pricey medications, with more than $1 billion spent in 2015. That was a 54-percent increase from 2013. Drugmaker Novartis has been criticized for repeatedly hiking the price of Gleevec.Catastrophic spending accounts for a fast-growing share of Medicare’s drug costs, which totaled nearly $137 billion in 2015. The catastrophic share was 37 percent, yet only about 9 percent of beneficiaries reached the threshold for such costs. For those patients, average spending jumped by 46 percent, from $9,666 in 2013 to $14,100 in 2015. WASHINGTON — A safeguard for Medicare beneficiaries has become a way for drug makers to get paid billions of dollars for pricey medications at taxpayer expense, government numbers show.The cost of Medicare’s “catastrophic” prescription coverage jumped by 85 percent in three years, from $27.7 billion in 2013 to $51.3 billion in 2015, according to the program’s number-crunching Office of the Actuary.Out of some 2,750 drugs covered by Medicare’s Part D benefit, two pills for hepatitis C infection — Harvoni and Sovaldi — accounted for nearly $7.5 billion in catastrophic drug costs in 2015.advertisement Related: About the Author Reprints BusinessPricey drugs overwhelm Medicare safeguard The pharmaceutical industry questions the numbers, saying they overstate costs because they don’t factor in manufacturer rebates. However, rebates are not publicly disclosed. Senator Charles Grassley (R-Iowa) is calling the rise in spending “alarming.”last_img read more

Pharmalittle: Will a small biotech upend the cholesterol market? J&J loses patent protection on key drug

first_img What’s included? Pharmalot By Ed Silverman Oct. 29, 2018 Reprints Good morning, everyone, and welcome to another working week. We hope the weekend was refreshing and relaxing, because that demanding routine of deadlines and meetings has returned. You knew this was inevitable, yes? Well, to cope, perhaps you would like to join us for a cup of stimulation to fortify those nerve endings. We are opting for golden French toast, by the way. So time to get started. Here are some items of interest. Hope your day goes well and do stay in touch …Esperion Therapeutics (ESPR) reported that a combination of its once-a-day cholesterol pill and a maximum dose of a statin lowered LDL cholesterol 18 percent more than statins alone after 12 weeks, STAT reports. The results come from the last of five successful trials on the drug, called bempedoic acid, whose data the company plans to submit to the Food and Drug Administration in the early months of 2019. To cardiologists, the most important finding related to safety. In the 779-patient study, the drug was indistinguishable from placebo when it came to side effects and deaths. GET STARTED @Pharmalot STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. What is it? Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Tags financelegalpatient safetypharmaceuticalspharmalittleSTAT+taxescenter_img Ed Silverman Log In | Learn More Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Alex Hogan/STAT Pharmalittle: Will a small biotech upend the cholesterol market? J&J loses patent protection on key drug [email protected] About the Author Reprints Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry.last_img read more

Fr Paddy: 10 tips of sound advice from the man above

first_img By Fr Paddy – 2nd November 2019 Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory TAGSFr Paddy Facebook GAA Twitter Pinterest I really like the following guidelines from the boss’s desk!!If we can read them slowly and often it may well help us to implement them in our daily lives.From God’s Desk Please be aware that there are changes you need to make in your life.These changes need to be completed in order that I may fulfill my promises to you to grant you peace, joy and happiness in this life.I apologise for any inconvenience, but after all that I am doing, this seems very little to ask of you.I know, I already gave you the 10 Commandments. Keep them. But follow these guidelines as well…1. Quit WorryingLife has dealt you a blow and all you do is sit and worry. Have you forgotten that I am here to take all your burdens and carry them for you? Or do you just enjoy fretting over every little thing that comes your way?2. Put it on the listSomething needs to be done or taken care of. Put it on the list. No…….. not YOUR list! Home Columnists Fr Paddy: 10 tips of sound advice from the man above Columnists Twitter Pinterest Here are all of Wednesday’s Laois GAA results center_img Fr Paddy: 10 tips of sound advice from the man above WhatsApp Put it on MY to-do-list! Let ME be the one to take care of the problem. I can’t help you until you turn it over to me.And although my to-do-list is long, I am after all God! I can take care of anything you put into my hands.In fact, I take care of a lot of things for you that you never even realise!3. Trust me!Once you’ve given your burdens to me, quit trying to take them back! Trust in Me.Have faith that I will take care of all your needs, your problems and your trials. Problems with the kids? Put them on mylist.Problem with finances? Put it on my list. Problems with your emotional roller coaster? For My sake, put it on My list. I want to help you. All you have to do is ask.4. Leave it alone Don’t wake up one morning and say: “Well, I’m feeling much stronger now, I think I can handle it from here.”Why do you think you are feeling stronger now? It’s simple. You gave me your burdens and I’m taking care of them.I also renew your strength and cover you in my peace. Don’t you know that if I give you these problems back, you will be right back where you started? Leave them with me and forget aboutthem. Just let me do my job.5. Talk to meI want you to forget a lot of things. Forget what was making you crazy.Forget the worry and the fretting because you know I’m in control.But there’s one thing I want you to never forget. Please don’tforget to talk to me – OFTEN! I love you.I want to hear your voice. I want you to include me in the things going on in your life. I want to hear you talk about your friends and family.Prayer is simply you having a conversation with me. I want to be your dearest friend.6. Have FaithI see a lot of things from up here that you can’t see from where you are.Have faith in me that I know what I’m doing. Trust me, you wouldn’t want the view from my eyes.I will continue to care for you, watch over you, and meet your needs. You only have to trust me. Although I have a much bigger task than you, it seems as if you have so much trouble just doing your simple part. How hard can trust be?7. ShareYou were taught to share when you were only two years old. When did you forget? That rule still applies.Share with those who are less fortunate than you. Share your joy with those who need encouragement.Share your laughter with those who haven’t heard any in such a long time.Share your tears with those who are mourning. Share your faith with those who have none.8. Be PatientI managed to fix it so in just one lifetime you could have so many diverse experiences.You grow from a child to an adult, have children, change jobs many times, learn many trades, travel to so manyplaces, meet thousands of people, and experience so much.How can you be so impatient then when it takes me a little longer than you expect to handle something on my to-do-list? Trust in my timing, for my timing is perfect.Just because I created the entire universe in only six days, everyone thinks I should always rush, rush,rush.9. Be kindBe kind to others, for I love them just as much as I love you. They may not dress like you, or talk like you, or live the same way you do, but I still love you all.Please try to get along, for my sake. I created each of you different in some way.It would be too boring if you were all identical. Please know I love each of your differences.10. Love yourselfAs much as I love you, how can you not love yourself? You were created by me to be loved, and to love in return.I am a God of Love. Love me. Love your neighbours. But also love yourself. It makes my heart ache when I see you so angry with yourself when things go wrong. You are very precious tome. Don’t ever forget that!SEE ALSO – Fr Paddy: November – A Time to Remember RELATED ARTICLESMORE FROM AUTHOR GAA Previous articleBoyhan looking forward as Camross prepare for Leinster Intermediate camogie semi final tomorrow afternoonNext articleChristmas Box Appeal urges Laois people to get involved for children in need Fr PaddyFr Paddy is a curate in the hugely vibrant Portlaoise Parish. From Carlow town, he was educated in Carlow CBS and studied Business and Politics in Trinity College Dublin before training to be a priest in Carlow College.He is the youngest priest in the Kildare & Leighlin diocese and writes for a number of media outlets. He has almost 14,000 followers on Twitter. 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin GAA Facebook WhatsApplast_img read more

Weak U.S. corporate profits ahead

first_img Keywords Earnings Share this article and your comments with peers on social media Related news With the latest U.S. earnings season on tap, analysts at National Bank Financial Inc. (NBF) see weak profits ahead. In a new report, NBF says that the companies that make up the S&P 500 Composite index are entering another reporting season, with about three quarters of them due to report in April, and most of the rest in May and June. The current estimate is for total net income for the first quarter to decline by about 5.6% from the previous quarter. One year after price collapse, expectations are high for oil company earnings James Langton center_img Canadian banks, bellwethers of pandemic recovery, to reveal key statistics this week The energy sector is expected to lead the decline, with a 64.1% drop in earnings forecast, followed by utilities (-7.7%), and materials (-6.8%). On the positive side, healthcare companies are expected to lead profit gainers in the period, with a 6.9% increase forecast; followed by consumer discretionary firms (4.9%), and industrials (4.7%). Indeed, NBF says that six of 10 sectors are expected to record an increase in net income compared to the same quarter in 2014. NBF also reports that estimates of sales/revenue for the first quarter of 2015 are for a decline of 2.8% quarter over quarter. And, profit margins are also expected to be compressed slightly to 9.9% from 10.2%. Again, the energy sector is expected to be the big loser in terms of profit margins, whereas industrials and consumer discretionary companies are forecast to see healthier margins compared with last year. However, only three of the 10 major sectors are expected to record an increase in profit margins compared with 2014. U.S. corporate profits rising for the first time since pandemic began Facebook LinkedIn Twitterlast_img read more

Social interactions starting to increase, surveys say

first_imgThe July survey also found evidence of increased social interactions compared to earlier in the year. Only 8% of survey respondents said they hadn’t been in close contact with anyone outside their households in the past week, compared to 29% in March/April.In fact, more than one-third (38%) said they’d been in close contact with at least nine people in the past week, compared to 17% in the previous survey.Those 65 and older remained more cautious, however. Roughly one-fifth of respondents in this age group (22%) said they’d been in close contact with at least nine people outside their households in the past week.Health concerns were also waning. About 42% of survey respondents said they were concerned about a household member’s health, compared to 54% in the earlier survey. While 62% were concerned about vulnerable people’s health, that figure was down from about 79% previously.Results for older Canadians were in line with those findings. Among those age 65 and older, 32% said they were very or extremely concerned about their own health, compared to nearly half in the March/April survey.Survey respondents widely embraced mask-wearing, with 84% saying they wear a mask or other personal protective equipment (this precaution wasn’t included in the earlier survey).As Canadians’ pandemic-related concerns ease overall, a separate survey highlighted how attitudes vary by individual.A recent Angus Reid Institute survey categorized respondents by their pandemic-motivated actions.Just under half of those polled (47%) followed virus suppression behaviours carefully, while roughly one-third (36%) took an inconsistent approach to flattening the curve.The remaining 18% had expanded their social circles and forgone physical distancing, and were ambivalent about mask-wearing and hand-washing. More than half of this segment (53%) had socialized with more than 10 people outside their households in the last month.While a person’s pandemic responses correlated with such things as political affiliation, age was among the most significant factors affecting Covid-19 compliance. Men and women age 55 and older acted most cautiously, the survey found.About the Angus Reid Institute survey: A representative sample of 1,511 Canadian adults who are members of the Angus Reid Forum were polled online from Aug. 5 to Aug. 8, 2020. For comparison purposes only, a probability sample of this size would carry a margin of error of +/− 2.5 percentage points, 19 times out of 20.About the StatsCan survey: A series of surveys called the Canadian Perspectives Survey Series uses a panel of 4,600 Canadians to complete short online surveys. The panel is based on the Labour Force Survey and thus representative of the general population. Related news Keywords Coronavirus,  Consumer attitudesCompanies Statistics Canada A deadly first wave, followed by a tsunami of excess deaths Michelle Schriver Share this article and your comments with peers on social media As pandemic restrictions loosen, your client may be more open to increasing their social interactions and less concerned about health risks.A StatsCan survey conducted between July 20 and July 26 found that a decreasing proportion of Canadians are avoiding leaving their homes as a precaution against Covid-19 — 74% compared to about 90% in a previous survey conducted from March 29 to April 3. The July finding represented a significant change, StatsCan said. CERB payments went to workers hit hard by lockdowns: StatsCan Facebook LinkedIn Twitter meeting during the coronavirus iStock Ontario unlikely to balance budget by 2030: FAOlast_img read more

Australians can have confidence in environmental safeguards provided under RFAs

first_imgAustralians can have confidence in environmental safeguards provided under RFAs The Australian Forest Products Association (AFPA) says Australians can have confidence that our sustainably managed native forestry operations provide all the environmental safeguards required by the Environmental Protection and Biodiversity Conservation (EPBC) Act, Deputy CEO Victor Violante said today.Responding to criticism of the national RFA framework in the Samuel review of the EPBC Act, Mr Violante said all forestry operations under RFAs are managed to extremely strict state environmental laws which are independently enforced.“RFAs are required by law to be independently reviewed, and all the reviews have found that RFAs are meeting or exceeding environmental objectives while providing a level of certainty to industry,” Mr Violante said.“Also, all RFAs were reviewed and renewed in recent years to ensure that they remained up to date and reflected the latest available science and were amended accordingly.”Mr Violante said the RFAs delivered significant protections for the environment and threatened species when they were developed, and continue to do so.“Nationally, as a result of the RFAs and public land use decisions, over 13.6 million hectares have been added to Australia’s forest conservation reserve system. Meanwhile, timber harvesting operations occur on only a tiny fraction of Australia’s native forest estate, using the equivalent of just 6 trees out of every 10,000 annually, and every tree is replaced as the areas are regenerated and regrown by law.”Mr Violante welcomed the Samuel review’s recommendation that there should be greater clarity around the interaction between RFAs and the EPBC Act, to provide greater certainty for the tens of thousands of workers in our sustainable native timber industries.“AFPA reiterates its plea to the Federal Government to provide certainty for timber workers and put an end to the lawfare that anti-forestry groups are waging.”“Closing down Australia’s sustainably managed native timber industry won’t stop the demand for quality appearance-grade hardwood timber for floorboards, staircases and furniture. It will just increase imports from countries with weaker regulations, including those where rainforests are logged unsustainably and illegally,” Mr Violante concluded.The original media release is here: Media Release – Australians can have confidence in environmental safeguards provided under RFAs /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AFPA, Australia, Australian, biodiversity, conservation, environment, Federal, federal government, Government, industry, Media, Media Release, quality, science, species, sustainablelast_img read more