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Soldier killed in explosion

A soldier was killed and another sustained injuries following an explosion at a military training camp in Mullaitivu.The army said that the explosion took place when the soldier was demonstrating how to handle an explosive device last evening. The soldier sustained serious injuries in the accidental explosion while another soldier was also injured.Both soldiers were admitted to hospital but one of them succumbed to his injuries in hospital this morning. (Colombo Gazette)

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Toyota recalls more than 6 million vehicles globally for a variety of

TOKYO – Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places.No injuries or crashes have been reported related to the recalls announced Wednesday.But two fires have been reported related to one of the problems, a defective engine starter that can keep the motor running.Some vehicles were recalled for more than one problem.The recall cases total 6.76 million vehicles for 27 Toyota models, the Pontiac Vibe and the Subaru Trezia, produced from April 2004 through August 2013.For the recall, Toyota also reported problems with seat rails, the bracket holding the steering column in place, the windshield-wiper motor and a cable attached to the air-bag module. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Toyota recalls more than 6 million vehicles globally for a variety of problems by Yuri Kageyama, The Associated Press Posted Apr 9, 2014 12:22 am MDT read more

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The automation ready new Epiroc Pit Viper PV231 available from Spring 2019

first_imgEpiroc automation and digital solutions can be used to connect work sites in many surface and underground applications, and the company will continue to add to its suite. For example, the automation-ready Epiroc Pit Viper PV-231 surface blasthole drills will become available in Spring 2019.The Pit Viper series of surface blasthole drills offers Rig Control Systems (RCS) with automation capabilities as standard. The RCS is entering its fifth generation, building on the proven RCS4 platform with operational enhancements. Customers have the ability to operate their Pit Vipers manually with automated assistance or to utilise the platform for fully autonomous operation experienced today at mines around the world.Since its debut at MINExpo 2016, the PV-231 has undergone 18 months of successful field testing at a gold mine in Nevada. “The drills deliver application flexibility, fuel-efficient performance and enhanced safety with outstanding operator comfort and ease of maintenance.”“The PV-231 builds on the innovation and success of the Pit Viper PV-235, which is operating at more than 20 major mine sites, while maintaining the highest levels of productivity and reliability. One customer base looking to get as much value out of a single-pass surface drill is the gold market. Epiroc has worked with many gold mining companies to make the drilling process more productive and efficient with the PV-231.”last_img read more

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Top comments of the week

first_imgLaura Hanna-White had another view:But is the trouble really that they’re not hiring women/other ethnicities or that these other demographics just aren’t training themselves in the skills needed?I’m female, studying computer science with artificial intelligence. In a year of ~200, I am one of 15 girls. Out of those 15, only about 3 or 4 of us are on the “technical stream” (ie. programming), the rest are studying business computing.If there were more women and other minorities in IT with tech skills, then we could blast Twitter and Google for lack of diversity, but the fact of the matter is… there’s not.So maybe instead of pointing blame at these companies, we could point blame at the education systems and ask what’s going wrong that we aren’t teaching more people these skills, and why more aren’t interested. Source: /Photocall Ireland1. Alan Biddulph‘s opinion of Sky News following Colin Brazier’s mistake at the MH17 site earned him 2,273 thumbs up.  Classy as ever Sky News.2. Meanwhile, Petr Tarasov was not impressed with Waterville’s anti-American carry on. And 2,207 of you agreed. Waterville is a lovely town but this simply isn’t on. Apart from anything else: don’t bite the hand that feeds you.3. Ray D’Arcy came in for a lot of criticism from our readers following his interview with MMA fighter Cathal Pendred. Adrian Bane got 2,196 thumbs up for this: Didn’t have a problem interviewing Katie Taylor after she threw slaps and won a Olympic gold medal. Doesn’t have a problem interviewing steve Collins who’s former opponent put a guy in a coma once… He has started to of my head in lately. Doesn’t seem to be impartial anymore!4. Maggie may‘s sympathy for the Skeffington family following the tragic death of their two sons received 1,737 green thumbs. How terribly sad for their parents. To lose two sons in such circumstances. Unbearable.5. And, sneaking into the top 5, is another comment criticising D’Arcy. This one from Matt Dobson got 1,562 green thumbs. What I found hard to believe was Darcys laziness , the arrogance to invite someone on to his show 48 hours after the biggest win of his life and have to ask : Who he beat, what weight he is ,did he win by KO or points? If was on one of his bandwagons ie a rugby player he’d have his homework done.I suppose it’s easy become lazy when ur basically paid to read out texts for a living. The top 5 articles which received the most comments this week1. Poll: Would you support the expelling of the Israeli Ambassador to Ireland? (544 comments)2. Councillor removes Israeli flag from Dun Laoghaire Harbour (418 comments)3. Israeli shell hits UN school in Gaza killing 15 people, including UN staff (351 comments)4. Rebels are ‘blocking investigators’ from MH17 crash site (344 comments)5. Mick Wallace and Clare Daly released after being arrested at Shannon Airport (308 comments)The big issue this week Palestinians run from tear gas during clashes with Israeli soldiers following a protest against the Israeli military action in Gaza yesterday. Source: AP/Press Association ImagesThe conflict in Gaza is a hugely divisive issue but colm fahy tries to boil it down here.When you have to protest to stop people killing children, there’s something wrong with humanity. EVERY SATURDAY MORNING we take a look at all the best comments left on the site by our readers over the past seven days.This week there was a lot of talk about the Gaza conflict, jobs for the boys and Ray D’Arcy.So here are the standout comments from the week that was.The 5 most popular comments this week Pun of the weekA Chinese man fed his dog a marmot and Dermot Lane made a pun.Marmot is one of those things you either love it or hate it…Some of our favourite comments Source: Video TheJournal.ie/YouTubeAfter this happened, Eric Lensherr nailed it:Evidently a motion was passed in Leinster House last night.There was good debate on a piece about Twitter’s hiring policy during the week, kicked off the by the question: But if these White and Asian males are the best people for the job why not hire them?David Burke replied:Because they aren’t the best for the job and only an idiot would think so.People hire people like themselves and have always done so. Only when they are forced to be more inclusive will they hire a more diverse workforce.Could anyone honestly believe that women aren’t capable of being part of the technology sector? You genuinely hear it often but that’s because the technology sector is one of the most insular and bigoted parts of the economy.Women couldn’t be doctors until we discovered women are often better doctors. The women can’t code bulls**t is just a reflection of the nasty elitism in tech.Go back to business insider. Spot any good comments? Send them through to us by email at sinead@thejournal.ie.last_img read more

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Merkel says much work ahead for Greece

first_imgGerman Chancellor Angela Merkel welcomed as a “starting point” reform pledges made by Greece in return for a four-month extension to its bailout program.“This is good news considering what was being said only weeks ago,” Merkel said, adding however that “much work lies ahead” in talks between Athens and its international creditors.Greece’s new left-wing government secured the four-month extension – pending approval by the Greek and German parliaments – after promising to implement reforms and honour its financial commitments.The breathing space beyond a Saturday deadline prevents the immediate worst-case scenario of national bankruptcy, a run on banks or even a chaotic exit from the eurozone.“This is about Greece as well as the euro as a whole,” Merkel said at a joint press conference in Berlin with Swedish Prime Minister Stefan Loefven.“That’s why I welcome that we have found a starting point for discussions with the new government. “I welcome that, through the Greek proposals received yesterday, we were able to reassert the principle of performance and reward. And that is indeed the starting point.”Recent days had shown that “we are capable of compromise,” which she called a European virtue.“Much work lies ahead, but the fact that we are now at a point, that we can call a starting point, to again extend the existing program, and that this is what Greece requested, I see that as a result of the ability to compromise shown in recent weeks … and that’s the path we must pursue now.”She added: “I’m under no illusion that the way ahead will remain challenging.”Merkel, a champion of painful economic reforms and austerity in crisis-hit EU member states, has urged her conservative party to back the bailout extension in a parliament vote Friday.Most Germans oppose more European aid for Athens, fearing they will ultimately pay the bill.Only 21 per cent are in favour of a green light from the German parliament Friday, according to a survey by the Insa Institute for Bild daily published Wednesday.German Finance Minister Wolfgang Schaeuble stressed that Greece will not receive “a single euro” until it meets the pledges of its existing bailout program.Greece has already received 240 billion euros in loans via two bail-out program, the first concluded in 2010 and the second in 2012, which is the program that is set to be extended by four months.The German press has reported on discussions within the ruling coalition in Berlin about a third aid package, worth about 20 billion euros — but the finance ministry said Wednesday it was “too early” to discuss such a package.“We are extending the second plan until the end of June,” said ministry spokesman Martin Jaeger.“It is currently too early to talk about a third plan. What they are doing now is to conclude the second plan successfully. All other considerations are secondary,” Jaeger said.Source: AFP Facebook Twitter: @NeosKosmos Instagramlast_img read more

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There Could Be A Dragon Ball Super Movie On The Way But

first_img Dragon Ball Super has been an insane change for fans who grew up on Dragon Ball and Dragon Ball Z. It’s introduced some pretty shocking new changes and twists from the norm, and we’re all totally here for it. But as far as how long this new series is going to last, or when it might end? That’s all up in the air. Toei Animation has been pretty tight-lipped about how long this golden age of new Dragon Ball entertainment may last.But that’s hardly news for the moment, as the rumor train is pulling into the station with a new development that’s got fans searching all over the internet for any random news or tidbits to think about. There’s a possible teaser out there in the internet world for a new Dragon Ball film, which could very well be happening at this moment. It appears that in Tokyo, certain domain names like dragonball2018, dragonball2019, and dragonball2020 were registered on October 14 this year. The registrar information, as the internet has sussed out like the always-creepy machine it can be, all ends up in Shibuya, which makes sense — but that’s not the most important part.Consider the fact that Toei Animation registered the domains dragonball2013 and dragonball2015 when both Dragon Ball Z: Resurrection F and Dragon Ball Z: Battle of the Gods were released. Fans were over the moon upon this discovery, and it appears something very similar could be happening in the near future if these domains have been registered by the proper parties.Toe Animation has said nothing on the matter, but it looks like this is just as good of a lead as any when it comes to sussing out how long Dragon Ball Super may be and what kind of feature film there may be in the future. Right now, you might be left with watching the anime series and reading the newly-translated manga. But there’s so much going on in the show the way it is, you’ll have to keep up with all that without worrying about a movie to add on top of all that, too.Let us know what you like about Geek by taking our survey. Here’s When You Can Finally See Dragon Ball Super: Broly in TheatersOkay, Bulma’s Vacation Digs in Dragon Ball Super: Broly Are Pretty Sweet Stay on targetlast_img read more

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Penton Embarking on a Transformational Phase

first_imgAs FOLIO: first reported today, b-to-b publishing giant Penton Media named Sharon Rowlands, currently head of Thomson Financial, as its CEO, replacing John French. Her appointment is effective November 1.Rowlands [pictured right] joins the company during a tumultuous time for magazine publishing, and for Penton in particular. In June, the company laid off 42 employees company-wide due to “poor economic conditions.” Two months earlier, French initiated a salary and hiring freeze, and launched a company-wide revenue reforecast for the remainder of the year.Rowlands spoke with FOLIO: about her decision to join Penton and what her immediate priorities will be as CEO. FOLIO:: As you take the top executive post, what would you say are your top priorities for the company? ROWLANDS:  Day One priorities will be to connect with the key constituencies of Penton—mainly the employees and customers to understand more about their needs and how we can take the business to the next level. Our strategic focus will be to assess the opportunity landscape and identify key focus areas to drive growth.FOLIO:: Why, in your words, are you qualified to step in as the chief executive at Penton Media? Why did you decide to take the job? ROWLANDS: I have proven experience in leading organizations through change—business model change, technology change and cultural change. As we evolve Penton into an integrated and customer segment focused company that serves its markets with a range of solutions my leadership experience from Thomson Financial will be key.I spent a lot of time evaluating this opportunity and found it fits all the criteria that I had laid out for my next leadership role. A business with tremendous potential prepared to embark on a transformational phase. It has fabulous assets and people.  It was also key that I felt aligned with the owners and believe that MidOcean Partners and Wasserstein and Co. will be great partners.FOLIO:: Where do you see the greatest opportunities for growth at Penton? How will you grow those areas?ROWLANDS: It’s too early for me to specifically commit but we are going to assess our markets for scale and growth opportunities and then grow by focusing on making ourselves the center of our customers universe with proprietary content, insight and connectivity that builds great communities that can serve our customers.FOLIO:: Some say the merger between Prism and Penton (November 2006) was handled poorly in terms of back-end integration—specifically with the accounting and financial. What can you say about that? How will you manage the continuing effort?ROWLANDS: These integrations can be very challenging but from my early look it seems to me that the Penton team really had their hands around this project. I will be focused on ensuring we have operational discipline in getting these issues behind us.FOLIO:: What do you plan to do right away with organizational structure and workforce? Will you be investing in certain areas and reducing in others? Where are you going with headcount?ROWLANDS: It’s premature to discuss organizational structure or resource allocation until I have had a chance to develop a strategic roadmap with the Penton team.FOLIO:: In your opinion, do multi-market, horizontal b-to-b publishing companies work in this environment? The central power is not close enough to the markets served, and the publishers and editors at the market level don’t have enough power to do what’s best. ROWLANDS: The balance between corporate center and business level segment is a delicate one. Ideally you want to get the best of both worlds—customer driven growth initiatives from the front end of the business and leverage of scale at the back end and I believe with the right people and operating mechanisms it can work. At Thomson Financial I gained significant experience managing this type of structure. At this moment though I am keeping an open mind about the right approach for Penton.FOLIO:: What do you see as your biggest challenge as Penton CEO? ROWLANDS: The challenge will be one of time—it’s a large company with many business units and widespread offices. I will want to get up to speed fast and want to make sure that everyone has time to be involved in the discussion around strategy and priorities before I make key decisions. I wish there were more than 24 hours in a day for the next month.last_img read more

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Meet IBMs bleeding edge of quantum computing

first_img IBM quantum computers will unleash weird science on business What a quantum computer is, and why it needs to be more Quantum computer components: Learn the basics Creating a fully functional system makes quantum computers more reliable and easier to upgrade. Beyond those practical uses, these computers have the potential to create more effective antibiotics, help scientists better understand chemistry and nature and improve power grids. The machines could do that by providing businesses and scientists the ability to crunch extremely complex calculations that can’t be digested by classical computers.But beyond that hype, there’s years more work to do to prove quantum computers are up to the task. Also, it’s possible a different type of computer will lead to the next breakthroughs, instead of quantum designs.”That’s a big step, but it’s one step in a journey that’s 1,000 miles long.” Brian Hopkins, a Forrester analyst focused on quantum computers, said of the new Q System One.Super cold computingIn a classical computer, data is crunched by processing bits, designated as either 0 or 1. In quantum computing, qubits are used instead. These qubits have more complex properties that allow them to become combinations of 0 and 1 at the same time and also to interact with each other.008-ibm-q-system-one-quantum-computerBob Sutor standing by the quantum computer model. Sarah Tew/CNET With each additional qubit that’s added, the amount of information a quantum computer can hold doubles. That capability may help a quantum computer become a far more powerful way to process certain kinds of problems that classical computers can’t handle. Using these qubits could help scientists unlock ways of developing new medicines at the molecular level or creating stronger security codes or processing the mountains of data being created at CERN’s Large Hadron Collider.The Q System One currently uses 20 qubits. “By the time you get up to around 280 [qubits], that number — two to the 280th power — is approximately the number of atoms in the observable universe,” Sutor said, offering a hint at just how powerful these computers may someday become. Seeing the potential of these computers, startups such as Rigetti and D-Wave, and the research arms of Microsoft, Intel and Google are developing quantum computing, too. IBM has also partnered with ExxonMobil, Daimler, Samsung, Barclays and major corporations to kick the tires on what’s possible with its quantum computers.But using quantum computers is an excruciatingly delicate task. The Q System One’s thick glass housing is used to cut down on vibrations and radiation, and helps keep the computer at near absolute zero. Inside the real computer in New York, quick blasts of super-cold air are used to keep the qubits inside at 10 millikelvins, colder than outer space.”So inside a quantum computer is one of the coldest places on Earth,” said Sutor, 60, whose 6-foot-4 frame, graying beard, deep voice and cheery disposition give him the air of an IBM Santa Claus.That extreme cold and thick glass are needed to protect the qubits inside the machine, which are so fragile that a single photon of light or a rap of someone’s knuckles could destroy their computation, Sutor said. Because these machines are so delicate, any future quantum computing will likely be done over the internet to allow IBM to carefully maintain the machines at its own facilities.A long way to goTo be sure, the promise of quantum computers remains just that — promise, and not yet reality.”Quantum computers are not a magical solution for all problems that classical computers can’t solve,” Forrester’s Hopkins said. “They are a potential solution for some of the problems that classical computers can’t solve.”He added that the tech industry today is in the middle of discovering what quantum computers can do. Answering those questions will take a few more years, and achieving the ultimate promise of quantum computers could take a decade or two, Hopkins said. The Q System One model at the CES 2019 tech show. Sarah Tew/CNET The IBM Q System One model doesn’t look like a computer. It looks like a conceptual art series of plates being held together with fishing lines suspended from a ceiling. The whole contraption is encased in half-inch-thick glass created by Milan-based Goppion, which made the protective displays for the Mona Lisa and the Crown Jewels.Bob Sutor, an IBM veteran who leads the Q System One team, directed me to look at the bottom of this quantum computer — an experimental machine with potentially massive computing power — where there was a tiny silver rectangle in the middle of a tangle of golden wires. That’s the home of the machine’s quantum bits, or qubits, which are tiny, fragile particles that make the whole system work.I asked him how much such a computer costs. He declined to say, adding: “It’s not lunch.” Computers Sci-Tech Now playing: Watch this: Share your voice Quantum computing IBM 3:40 But thanks to the new Q System One, researchers and the general public now have a notable milestone by which to judge the advance of quantum computing. That system will help cut down on upgrade times for these machines to hours or days, instead of days or weeks. It should also make it easier for IBM to build more of these machines to support a future quantum computing business.”We set out to build something which was highly functional, but beautiful,” Sutor said, “and would give us a way to look at what we were doing in the future.”Sutor wasn’t under any misconceptions that his work is nearly finished. When I asked him what the next steps are for his project, he said: “What do we have to do? Everything.”CES 2019: See all of CNET’s coverage of the year’s biggest tech show.NASA turns 60: The space agency has taken humanity farther than anyone else, and it has plans to go further.center_img 11 We were standing in the middle of the Las Vegas Convention Center during the CES tech show earlier this month. A jostling crowd around us angled to snag pictures of the model. IBM was at the show to publicly present this replica of the Q System One, its first quantum computer that fits into one neat package. Past designs were more like “backroom experiments,” Sutor said, with jumbles of components strewn about a room.The real Q System One was completed in November and is in IBM’s Yorktown Heights, New York, offices. The machine represents a big step toward quantum computing becoming a commercial reality, after IBM has toiled for decades with the computing concept. Inside a quantum computer is one of the coldest places on Earth. Bob Sutor, IBM More stories on quantum computing Tags CES 2019 How quantum computing will help us build human-level… Commentslast_img read more

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AL to stay silent until CJ retires

first_imgChief justice Surendra Kumar SinhaRuling Awami League has decided to stay quiet until chief justice Surendra Kumar Sinha goes into his retirement probably after five months on 31 January 2018.The party somehow wants to spend the five-month time without facing any embarrassment, said party insiders.The government wants to have negotiations with the CJ in this regard, they added. Ever since the Supreme Court released its full verdict on the 16th amendment, many AL leaders have been demanding that the CJ expunge some of his observations. And the party’s position was to file a review petition to this effect.Recently, some AL leaders even demanded the CJ’s resignation.Two senior AL leaders – Amir Hossain Amu and Tofail Ahled – met the president on Wednesday.Earlier on Tuesday, prime minister Sheikh Hasina’s international affairs adviser Gowher Rizvi had a meeting with the chief justice Surendra Kumar Sinha.Before this, several meetings were held between the prime minister and the president, AL general secretary Obaidul Quader and the chief justice, and others.These meetings are parts of a solution of the current crisis, said ruling party policymakers.An AL leader told Prothom Alo that the party wanted the judiciary to expunge some ‘unwarranted’ observations of the 16th amendment annulment verdict spontaneously on its own. But that did not happen. The party did not want to send the CJ on forced leave or for him to resign. The only better option the party has is to buy time until the CJ retires.He also said that after CJ’s retirement, AL will file a review petition to reconsider the 16th amendment verdict.Another top AL leader said the government does not want to take stern steps against the CJ. The ruling party will try to pressurise him politically but try to negotiate behind the curtain.AL advisory council member and former president of the Supreme Court Bar Association Yusuf Hossain Humayun told Prothom Alo that the 16th amendment annulment verdict has to be faced legally.But the Bangladesh Nationalist Party (BNP) is trying to fish in troubled waters, he added.Yusuf Hossain Humayun further said that the AL will not fall into BNP’s trap. And, BNP’s conspiracy will not be successful, he added.The Appellate Division of the Supreme Court on 3 July this year scrapped the 16th amendment to the constitution.The amendment empowered parliament to remove Supreme Court judges in cases of incapacity or misconduct.Later, the full text of the verdict was released 1 August, stirring a huge debate over which of the state organs is sovereign – the legislature or the judiciary.Earlier, on 17 September in 2014, the AL-led 10th parliament unanimously passed the Constitution (16th Amendment) Bill.*The article originally came up in Prothom Alo print edition and is rewritten by Imam Hossain.last_img read more

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Secret Obamaera license let Iran tap dollars

first_imgObama administration officials at the time assured concerned lawmakers that a general license wouldn’t be coming. But the report from the Republican members of the Senate panel showed that a draft of the license was indeed prepared, though it was never published.And when questioned by lawmakers about the possibility of granting Iran any kind of access to the US financial system, Obama-era officials never volunteered that the specific license for Bank Muscat in Oman had been issued two months earlier.According to the report, Iran is believed to have found other ways to access its money, possibly by exchanging it in smaller quantities through another currency.The situation resulted from the fact that Iran had stored billions in Omani rials, a currency that’s notoriously hard to convert. The US dollar is the world’s dominant currency, so allowing it to be used as a conversion instrument for Iranian assets was the easiest and most efficient way to speed up Iran’s access to its own funds.For example: If the Iranians want to sell oil to India, they would likely want to be paid in euros instead of rupees, so they could more easily use the proceeds to purchase European goods. That process commonly starts with the rupees being converted into dollars, just for a moment, before being converted once again into euros.US sanctions block Iran from exchanging the money on its own. And Asian and European banks are wary because US regulators have levied billions of dollars in fines in recent years and threatened transgressors with a cutoff from the far more lucrative American market. Secretary of State John Kerry with Iranian foreign minister Mohammad Javad Zarif in Vienna on 16 January 2015, after the International Atomic Energy Agency verified that Iran met all conditions under the nuclear deal. File Photo : APThe Obama administration secretly sought to give Iran access – albeit briefly – to the US financial system by sidestepping sanctions kept in place after the 2015 nuclear deal, despite repeatedly telling Congress and the public it had no plans to do so.An investigation by Senate Republicans released Wednesday sheds light on the delicate balance the Obama administration sought to strike after the deal, as it worked to ensure Iran received its promised benefits without playing into the hands of the deal’s opponents. Amid a tense political climate, Iran hawks in the US, Israel and elsewhere argued that the United States was giving far too much to Tehran and that the windfall would be used to fund extremism and other troubling Iranian activity.The report by the Senate Permanent Subcommittee on Investigations revealed that under president Barack Obama, the Treasury Department issued a license in February 2016, never previously disclosed, that would have allowed Iran to convert $5.7 billion it held at a bank in Oman from Omani rials into euros by exchanging them first into US dollars. If the Omani bank had allowed the exchange without such a license, it would have violated sanctions that bar Iran from transactions that touch the US financial system.The effort was unsuccessful because American banks – themselves afraid of running afoul of US sanctions – declined to participate. The Obama administration approached two US banks to facilitate the conversion, the report said, but both refused, citing the reputational risk of doing business with or for Iran.”The Obama administration misled the American people and Congress because they were desperate to get a deal with Iran,” said Sen. Rob Portman, R-Ohio, the subcommittee’s chairman.Issuing the license was not illegal. Still, it went above and beyond what the Obama administration was required to do under the terms of the nuclear agreement. Under that deal, the US and world powers gave Iran billions of dollars in sanctions relief in exchange for curbing its nuclear program. Last month, President Donald Trump declared the U.S. was pulling out of what he described as a “disastrous deal.”The license issued to Bank Muscat stood in stark contrast to repeated public statements from the Obama White House, the Treasury and the State Department, all of which denied that the administration was contemplating allowing Iran access to the U.S. financial system.Shortly after the nuclear deal was sealed in July 2015, then-Treasury Secretary Jack Lew testified that even with the sanctions relief, Iran “will continue to be denied access to the world’s largest financial and commercial market.” A month later, one of Lew’s top deputies, Adam Szubin, testified that despite the nuclear deal “Iran will be denied access to the world’s most important market and unable to deal in the world’s most important currency.”Yet almost immediately after the sanctions relief took effect in January 2016, Iran began to complain that it wasn’t reaping the benefits it had envisioned. Iran argued that other sanctions – such as those linked to human rights, terrorism and missile development – were scaring off potential investors and banks who feared any business with Iran would lead to punishment. The global financial system is heavily intertwined with U.S. banks, making it nearly impossible to conduct many international transactions without touching New York in one way or another.Former Obama administration officials declined to comment for the record.However, they said the decision to grant the license had been made in line with the spirt of the deal, which included allowing Iran to regain access to foreign reserves that had been off-limits because of the sanctions. They said public comments made by the Obama administration at the time were intended to dispel incorrect reports about nonexistent proposals that would have gone much farther by letting Iran actually buy or sell things in dollars.The former officials spoke on condition of anonymity because many are still involved in national security issues.As the Obama administration pondered how to address Iran’s complaints in 2016, reports in The Associated Press and other media outlets revealed that the U.S. was considering additional sanctions relief, including issuing licenses that would allow Iran limited transactions in dollars. Democratic and Republican lawmakers argued against it throughout the late winter, spring and summer of 2016. They warned that unless Tehran was willing to give up more, the U.S. shouldn’t give Iran anything more than it already had.At the time, the Obama administration downplayed those concerns while speaking in general terms about the need for the U.S. to live up to its part of the deal. Secretary of State John Kerry and other top aides fanned out across Europe, Asia and the Middle East trying to convince banks and businesses they could do business with Iran without violating sanctions and facing steep fines.”Since Iran has kept its end of the deal, it is our responsibility to uphold ours, in both letter and spirit,” Lew said at the Carnegie Endowment for International Peace in March 2016, without offering details.That same week, the AP reported that the Treasury had prepared a draft of a license that would have given Iran much broader permission to convert its assets from foreign currencies into easier-to-spend currencies like euros, yen or rupees, by first exchanging them for dollars at offshore financial institutions.The draft involved a general license, a blanket go-ahead that allows all transactions of a certain type, rather than a specific license like the one given to Oman’s Bank Muscat, which only covers specific transactions and institutions. The proposal would have allowed dollars to be used in currency exchanges provided that no Iranian banks, no Iranian rials and no sanctioned Iranian individuals or businesses were involved, and that the transaction did not begin or end in U.S. dollars.last_img read more

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Texas Lawmakers Say Farm Bill Passed By Congress Provides Certainty And Stability

first_img Share kiran431/FlickrTexas farm land.Texas lawmakers praised Wednesday the 2018 Farm Bill, which Congress has passed this week, and said it will help farmers and ranchers in the Lone Star state through provisions such as crop insurance programs and inspections for cattle tick fever.The House passed the bill Wednesday afternoon. The legislation had already passed the Senate and is now headed to President Donald Trump, who is expected to sign it.The bill reauthorizes agriculture and conservation programs, funds trade programs, expands support for struggling dairy farmers and legalizes the cultivation of industrial hemp.John Cornyn, the senior Senator from Texas, said the legislation includes priorities for Texas farmers, such as the crop insurance programs. Cornyn also highlighted the maintenance of the seed cotton eligibility for the Farm Bill safety net.He also underlined that the farm bill maintains and funds foreign access programs, which help Texas farmers and ranchers place and sell their products in foreign markets.Republican Senator Ted Cruz also emphasized the importance of the crop insurance and said the legislation provides “certainty and stability” for Texas farmers and ranchers.U.S. Representative Will Hurd, a Republican who represents Texas’ 23rd Congressional District –which covers farms and ranches across the southern and western part of the state–, coincided with Cruz in that the bill brings “certainty and stability for the 3.75 million Texans employed by the agriculture sector.”The farm bill is the result of months of negotiations by lawmakers. It doesn’t make any significant changes to the food stamp program that serves nearly 40 million low-income Americans. Trump and conservatives had pushed to create new work requirements for food stamps, but the Senate rejected the idea.Cruz said in his statement he looks forward to working with the administration on “potential regulations that would strengthen work requirements and prevent states from abusing the waiver process” of the food stamp program. last_img read more

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Costa Ricas Juan Santamaría International Airport to add two new boarding gates

first_imgRelated posts:Costa Rica’s Juan Santamaría International Airport to add new stores, supermarket Costa Rica to improve bad weather safety procedures at San José airport Juan Santamaría International Airport named third-best in Latin America Regulatory authority cancels concession for taxi service at the Juan Santamaria International Airport Costa Rica’s largest airport hub, the Juan Santamaría International Airport (SJO) outside San José, in November will begin expansion to facilitate an additional 260,000 passengers per year, an 18 percent increase from its current capacity.Aeris, the company that administrates the airport, expects to complete the work in about a year at a cost of some $18 million.Work includes the construction of two new boarding gates, along with contact bridges, which will receive larger aircraft. Currently, the terminal has nine bridges for passenger access.The project also includes 1,000 meters of new space for duty-free shops and airline hub facilities.The expansion was approved by the Civil Aviation Authority, and the bidding process for the project will begin in August.Aeris said some 3.7 million passengers will travel through the airport this year. Facebook Commentslast_img read more

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New Position New Hire for Sperlonga

first_img “”Sperlonga Data and Analytics””:http://www.sperlongadata.com/ welcomes Brent Stokes as its choice for the company’s newly created position of senior vice president. Stokes brings veteran experience earned over a 26-year career in the mortgage industry to his new role, which encompasses Sperlonga’s homeowners association-oriented programs for lenders, investors, servicers, and other stakeholders.[IMAGE]Stokes’ background in lending, lender management, title insurance, settlement services, foreclosure audits, processing, and product management are a strong fit for Sperlonga’s offerings targeting loss mitigation, transaction initiatives, and revenue loss resulting from HOA claims.Previously employed with diverse companies such as Chase Home Loans, Stewart Title, and First American Title, Stokes also has expertise in productions management, national account and product development, and management consulting.””Brent is one of the most knowledgeable and dynamic executives in the industry. We are blazing new trails with our Sperlonga offerings and Brent will bring invaluable experience and leadership as we grow and innovate,”” said Matt Martin, Sperlonga’s chairman and CEO and founder and CEO of “”MMREM””:http://www.mmrem.com/, under which Sperlonga is a subsidiary.[COLUMN_BREAK]Elaborating, Martin emphasized Stokes’ role as the leader of Sperlonga’s initiatives to stem the complications for servicers and investors struggling with HOA claims related to unpaid fees and difficulties marketing properties in foreclosure.Commenting on his new position, Stokes said, “”There is a tremendous industry need for the HOA services offered by Sperlonga. “”We are bridging the expensive gap between servicers and HOAs├âÔÇÜ├é┬á in order to help move REO inventory and improve the national market,”” he said.He added, “”It is truly exciting to be part of an innovative company that is focusing on such an unmet need for all stakeholders in the real estate industry. Sperlonga is making a big difference for investors, servicers and HOAs alike as we fill this critical void in the mortgage marketplace.””Sperlonga’s product line includes HOA Delinquency Checks, which gives servicers enhanced analytics tools as they work to evaluate loan modifications, and new concepts are in the works, such as a national database of HOAs by property.According to a statement, the database will facilitate the processing of delinquent HOA claims on foreclosures, provide early warning default analytics to credit risk managers, and lend better tracking of HOA dues in non-payment.The Virginia-based company is an affiliate of MMREM, a national asset management firm that serves federal agencies, private sector servicers, investors, and insurers. in Data, Government, Origination, Secondary Market, Servicing, Technology August 29, 2011 437 Views New Position, New Hire for Sperlongacenter_img Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Movers & Shakers Processing Service Providers 2011-08-29 Abby Gregory Sharelast_img read more

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Duke Fed Wants to Work With Smaller Banks

first_img “”Federal Reserve””:http://www.federalreserve.gov/default.htm Gov. “”Elizabeth Duke””:http://www.federalreserve.gov/aboutthefed/bios/board/duke.htm offered to reassure bank executives Friday that the central bank wants to avoid a one-size-fits-all approach to regulation and work with smaller financial institutions to ensure that new mortgage banking rules work effectively.[IMAGE]Speaking before the California Bankers Association in Santa Barbara, the official, a former banker-turned-regulator, said that the Fed will strive to prepare examiners and work with banks ahead of stress tests and final rules. “”I think it would also be unfortunate if the laws and regulations put in place to require other lenders to adopt the same responsible practices long used by community banks are so complicated and expensive that they have the unintended effect of forcing some community banks to leave the market,”” she said.[COLUMN_BREAK]Offering remarks on the Dodd-Frank Act, she identified with bank executives by relying anecdotes about her time as a banker, which she said allowed her to understand the complexity of new rules and interpretive analyses for these absent full-time brokers and sophisticated software.She outlined the Fed’s intentions for proposals, final rules, and guidance material, saying that regulators will include statements at the very beginning of new regulation and determine if and how new guidance applies to specific institutions with more or less than $50 billion in assets.Duke said she felt the existence of thousands of smaller financial institutions serving small metropolitan areas deserve “”broader exemptions”” from Dodd-Frank not dissimilar to banks in rural and underserved areas.When it came to supervisory practices, she said that the Fed often hears that community banks hold back when lending to small businesses for fear of examiner criticism.She said that the Fed continues to train examiners to ensure supervisory practices remain consistent with rules and procedures.She said she felt “”it is important to continually reevaluate our supervisory policies and procedures to ensure that the policies themselves are not unnecessarily constricting credit availability.””Her appearance Friday marked another for the official, who more recently “”blamed””:https://themreport.com/articles/duke-tight-credit-may-be-to-blame-for-slow-recovery-2012-01-06 tight credit conditions for a slow recovery at another presentation in early January. in Government, Origination, Secondary Market, Servicing, Technology Agents & Brokers Attorneys & Title Companies Bank Failure Dodd-Frank Federal Reserve Fixed-Rate Mortgage Housing Affordability Investors Lenders & Servicers Processing Service Providers Subprime Loans Underwriting Standards 2012-01-16 Ryan Schuette Duke: Fed Wants to Work With Smaller Bankscenter_img January 16, 2012 417 Views Sharelast_img read more

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Before Slowing Home Prices Slid 09 in January LPS

first_imgBefore Slowing, Home Prices Slid 0.9% in January: LPS Agents & Brokers Home Prices Housing Affordability Investors Lender Processing Services Lenders & Servicers Processing Service Providers 2012-04-09 Ryan Schuette in Data, Government, Origination, Secondary Market, Servicing Home prices slid 0.9 percent in January before likely slowing to a crawl in February, analytics provider “”Lender Processing Services””:http://www.lpsvcs.com/Pages/default.aspx (LPS) said Monday.[IMAGE][COLUMN_BREAK]The company released a Home Price Index that showed home prices averaging $195,000, signaling a seventh straight month of price declines.Of nearly 600 metro areas, 524 encountered price declines, with a dip in prices for 39 states.Pittsburgh emerged from the largest 26 metro areas as the only city to experience increases in average home prices since January 2005.””With proper accounting for short sales, we see two things. First, prices on normal (nondistressed) properties are doing a bit better than had been estimated before. The dramatic fall in prices after the bubble is actually closer to 26 percent, less than the 30 percent which we and others have previously reported,”” Raj Dosaj, VP of LPS Applied Analytics, said in a statement. “”This is due to the fact that many of the short sales appear to be the same homes that saw significant increases in values during the bubble,”” he added.center_img Share April 9, 2012 393 Views last_img read more

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PHOENIX – The NFL schedule was released on Tuesday

first_imgPHOENIX – The NFL schedule was released on Tuesday and the teams in the NFC West have one thing in common.They all rank near the bottom of the league in strength of schedule of their opponents next season.It’s a reminder of how bad the division was last season as every team plays each team in their division twice, meaning each team in the NFC West gets to play six games against teams with a .500 or worse record. 0 Comments   Share   Top Stories However, every team in the division has to play tough games against the entire NFC East such as the Dallas Cowboys, Philadelphia Eagles, New York Giants and Washington Redskins.In addition, all NFC West teams have to play every AFC North team including the Baltimore Ravens, Pittsburgh Steelers, Cincinnati Bengals and the Cleveland Browns.The division winner Seattle Seahawks have the toughest schedule in the division, based on last season’s records of their opponents, but still only have the 24th toughest schedule making it the easiest schedule among the division winners.Their opponents 2010 record was 125-131.Prime time games include playing at home against the Eagles in Week 13 on Thursday Night Football and in Week 14 face the division rival St. Louis Rams on Monday Night Football.Seattle also will face the Atlanta Falcons at home in Week 4 and on the road against the Chicago Bears in Week 15.Speaking of the St. Louis Rams, they have the 26th hardest schedule in the NFL with their opponents 2010 record at 122-134.Besides the Monday Night match-up with the Seahawks, the Rams also play on Monday Night in Week 2 on the road against the New York Giants.Additional tough games include at home against the New Orleans Saints in Week 8 and on the road against the Green Bay Packers in Week 6. What an MLB source said about the D-backs’ trade haul for Greinke Cardinals expect improving Murphy to contribute right away The San Francisco 49ers have only the 30th hardest schedule in the NFL with their opponents 2010 record at 119-137.Their prime time games are in Week 12 on the road against the Baltimore Ravens on Thursday Night Football and in Week 15 at home against the Pittsburgh Steelers on Monday Night Football. D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Nevada officials reach out to D-backs on potential relocationlast_img read more

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LISTEN Patrick Peterson Cardinals cornerback

first_imgLISTEN: Patrick Peterson, Cardinals cornerback Your browser does not support the audio element. That’s a style Peterson said he’s a fan of, and there’s another wrinkle he wouldn’t mind being added: covering the opposing team’s best receiver, regardless of where they line up on the field.“If I want to be the best cornerback to play the game I want to guard the opposing team’s number one weapon or receiver each and every down,” he said. “I feel like I definitely have the abilities to do that, I showed that throughout last year.“I just want to continue to get better at my craft, and that would be great if the coaches — definitely something that I’ll be looking forward to if the coaches want me to do that. I’ll be licking my chops when that does happen because I know that it’s something Coach Arians is definitely wanting me to do.” Derrick Hall satisfied with D-backs’ buying and selling 0 Comments   Share   Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Arizona Cardinals cornerback Patrick Peterson may enter the 2013 season as one of the team’s most tenured defensive back.It will be his third year.The Cardinals’ secondary has undergone a considerable makeover in recent days, as the team released safeties Adrian Wilson and Kerry Rhodes while cornerback Greg Toler left via free agency.Only safety Rashad Johnson, was just re-signed, has been with the team longer than Peterson. Grace expects Greinke trade to have emotional impact Former Cardinals kicker Phil Dawson retires “It’s definitely going to be exciting to see the new faces,” Peterson told Arizona Sports 620’s Doug and Wolf Thursday.The Cardinals have added cornerback Jerraud Powers and safety Yeremiah Bell, and may not be done acquiring talent. But there will be a lot of new faces.“That’s just the nature of the business, that’s how the game goes,” he said. “I’m definitely excited for those guys finding other teams, especially for Greg and Adrian and Kerry, I’m sure will find another team to be a part of.“But that’s just how the business is; I’m excited to see what new chemistry I’m able to build with the new guys.”Really he has no choice, and the responsibility of being a leader is one the 22-year-old, two-time Pro Bowler is not planning on shying away from.“That’s a huge accomplishment to show what I have been doing and what I wanted it to be since day one,” Peterson said. “I knew we had a lot of great guys, but at the end of the day I know the Cardinals drafted me to be the icon and the focal point of the secondary.”That means helping the newcomers, both veteran and youthful, get up to speed. Of course, Peterson is like most players on the defense in that he will be learning a new defensive system and playing for a new defensive coordinator, but he said Todd Bowles is inclined to have the corners play man-to-man and press receivers.last_img read more

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TORONTO – The sexual misconduct lawsuits filed thi

first_img TORONTO – The sexual misconduct lawsuits filed this week against Soulpepper Theatre Company and its founding artistic director are serving as a wake-up call to similar organizations throughout Canada’s arts scene, industry members said Friday.Companies said efforts to tackle sexual harassment in the field were under way long before four actresses levelled explosive allegations against Albert Schultz and Soulpepper earlier this week.Diana Bentley, Hannah Miller, Patricia Fagan and Kristin Booth alleged in their statements of claim that Schultz groped them, exposed himself, pressed against them, or otherwise behaved inappropriately.Schultz, who resigned from Soulpepper on Thursday, said he will “vigorously defend” himself against the allegations, which have not been tested in court.While concerns about harassment were already on the industry radar, the Soulpepper situation will likely ensure they receive more attention in the coming months, said Mark Aikman, director of development and communications at Toronto’s Buddies in Bad Times Theatre.“Certainly it’s a wake-up call and a reminder that no place, no industry, is immune from that kind of thing,” he said.Aikman, who said his organization is still reeling from the shock of the Soulpepper news, did not speculate on whether concrete changes were coming at the company. But he said Buddies in Bad Times will continue with a months-long initiative to provide resources to performers who have concerns or anxieties about sexual harassment on the job.Those resources are provided as part of a campaign launched by the Canadian Actors Equity Association, working in conjunction with the Professional Association of Canadian Theatres. The anti-harassment effort, dubbed Not in Our Space, came about after a survey of live performers across the country.Equity said in a statement that the results clearly indicated action was needed. Half of all participants reported experiencing some form of inappropriate behaviour in their workplace, with women twice as likely as men to report they’d been sexually harassed.Not in Our Space promotes a zero tolerance approach, with participating theatres adopting a statement to that effect on the first day of rehearsal for any new production. Theatres in the program must also prominently display brochures and posters that let performers know what help is available. Equity said the number of people coming forward has increased since the campaign began, but did not provide specific figures.Equity also said a meeting of people involved in the live performance sector will take place later this month to discuss an industry-wide response.Numerous theatre companies, including Toronto-based Factory Theatre, the Royal Manitoba Theatre Company and Ottawa’s National Arts Centre have all signed up for Not in Our Space program.Some, however, felt the need for further action.The NAC said it launched a review of its sexual harassment policy this week in response to the Schultz case.Communications director Carl Martin said issues around harassment are high priorities for the company, citing English theatre artistic director Jillian Keiley’s decision to hire an intimacy coach while working on past productions for other organizations.Intimacy coaches, Martin said, carefully choreograph scenes involving physical contact to ensure no boundaries are crossed. While no such coach has been hired for NAC productions, Martin said it would not be surprising to see such a move in the future.“The artistic leadership here is quite attuned to these issues and very forward-thinking about these issues,” he said.Keiley hired the intimacy coach while working at Ontario’s Stratford Festival. The move was one of several measures spokeswoman Ann Swerdfager pointed to as part of that company’s effort to maintain a safe workplace.Other moves included establishing a discussion group for women in the theatre, she said.In 2018, Stratford plans to implement more staff training and tighten reporting protocols.“One of the things we are learning from recent events is the vital importance of ensuring that there are safe, sure and clear ways to report harassment, should it occur,” Swerdfager said in a statement. “As a result, not only are we working to strengthen the policy but also to find effective communications measures to ensure everyone who works at the festival is aware of it and of how to raise a concern if the policy is not being followed.”Halifax-based Neptune Theatre said it, too, is reviewing its long-standing sexual harassment policies and reporting procedures.Spokesman Michael Browne said the company’s artistic director Jeremy Webb is committed to making the theatre a more respectful space for all, starting with the performer audition process.“He has requested agents/artists stop the practice of listing an actor’s height, weight and other measurements on resumes,” Browne said.The Cultch in Vancouver has long offered anonymity to anyone wanting to report issues of harassment.Executive director Heather Redfern said the predominately female-run theatre organization gives staff a number of avenues to report problems, including speaking to the board of directors, so they can find someone they trust.Redfern said the recent allegations of sexual harassment in the industry also points to the lack of women in positions of power.“You don’t fix things until you actually start to see that shifting and you start to see some equality there,” she said. “I’m an optimist. It feels like real change is finally happening.” Theatre companies treat Soulpepper scandal as industry wake-up call by Michelle McQuigge, The Canadian Press Posted Jan 5, 2018 11:00 am PDT Last Updated Jan 5, 2018 at 3:00 pm PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Emaillast_img read more

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Video shows massive

Video shows massive police response after car crashes in Times Square, According to him, In 2013.

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Tompsett and Fossum hope that learning about the prize and their achievements will encourage future STEM students to work hard at their studies and pursue careers as engineers." rather than an urgent safety failure. read more