Conservative MP asks ethics watchdog to reconsider OKing Husky Energy hire

first_imgOTTAWA – Conservative MP Blaine Calkins wants the federal ethics watchdog to reconsider her decision to allow the former chief of staff to Natural Resources Minister Jim Carr to go work for a Calgary-based energy company.Janet Annesley, who left Parliament Hill early last month, is now senior vice-president of corporate affairs at Husky Energy.The Conflict of Interest Act says an ex-staffer at her level cannot work for a company with which she has had “direct and significant dealings” in the last year, but Husky says Ethics Commissioner Mary Dawson told Annesley she was OK to take the job.Annesley, who has years of experience in communications and lobbying for the oil industry, is prevented from dealing with Natural Resources Canada during a one-year cooling off period.She is also barred from lobbying the federal government for five yearsHusky says both the company and Annesley understand the rules.In a letter to Dawson, Calkins notes the Husky website says Annesley will be in charge of “developing relationships,” including with governments.Calkins says Canadians would find it “difficult to believe” her job requirements would not involve violating the act and urged Dawson to look again.Husky says it has no further comment and a spokeswoman for Dawson says she will review the letter.last_img read more

Timing of Bank of Canadas next statement gives it potential to tinge

first_imgOTTAWA — Canadians last heard the Bank of Canada’s take on the economy in the early days of summer — and the timing of its next update has the potential to tinge political debate during the federal election campaign.Since the bank’s most-recent public comments in early July, there’s mounting evidence of a slowing global economy mostly due to the escalating U.S.-China trade war — including fresh Chinese tariffs Friday and new threats by U.S. President Donald Trump.The Bank of Canada’s most-recent message underlined the resilience of the domestic economy, and it appeared in no rush to move its policy even as other central banks were poised to lower rates to respond to the already dimming international outlook.Scotiabank chief economist Jean-Francois Perrault predicts the Bank of Canada will take out insurance against potential damage by cutting rates this fall — and perhaps as early as Sept. 4 — because external risks have intensified since July.Perrault says a rate reduction at the start of the federal election — or even the appearance of the bank tilting towards the possibility of a cut — could force political parties on the campaign trail to explain how they would react if things get worse.Former parliamentary budget officer Kevin Page says Canada appears to be well-positioned to handle an economic downturn, but he expects political parties will be challenged to lay out how far they’d be willing to go to stimulate the economy, if necessary.Bank of Canada governor Stephen Poloz has been meeting this week with his global peers at the Fed’s policy conference in Jackson Hole, Wyo.The Canadian Presslast_img read more

Estonia Danske Bank branch must close over alleged fraud

HELSINKI — Estonia’s financial watchdog says the local branch of Danske Bank must close after the financial group admitted that massive sums of money from Russia and former Soviet states had been laundered through the subsidiary.The Estonian Financial Supervisory Authority said Tuesday that Danske Bank, Denmark’s largest financial institution, must cease its activities in Estonia within eight months.Kilvar Kessler, chairman of Estonia’s financial watchdog Finantsinspektsioon, said “the serious violations” had caused damage “to the credibility of the Estonian financial environment.”Last year, 10 former employees at Danske Bank’s Estonia branch were detained in connection with the scandal. The Copenhagen-based bank admitted in September that some 200 billion euros ($226 billion) had flown through accounts at its Estonian branch from 2007 to 2015.The Associated Press read more

UN green agency announces strategy to reduce size of its own carbon

7 September 2010The United Nations Environment Programme (UNEP) has unveiled plans to further reduce its own carbon footprint by slashing the amount of employee air travel and cutting the use of paper and electricity in its office. The United Nations Environment Programme (UNEP) has unveiled plans to further reduce its own carbon footprint by slashing the amount of employee air travel and cutting the use of paper and electricity in its office.The Nairobi-based agency, which has been climate neutral since 2008, said in a statement issued yesterday that it hopes the strategy will ensure it can reduce its greenhouse gas emissions by 3 per cent each year between now and 2012.The new environmental efficiency measures could save an estimate $800,000 per year, the agency estimates.A key focus of the plan is a reduction in work-related air travel by employees, which currently comprise about 85 per cent of UNEP’s carbon emissions. More journeys will be taken by train and more e-conferences will be held under new guidelines.The use of paper and electricity will also be reduced and the agency said it will search for further ways to reduce emissions.Achim Steiner, Executive Director of UNEP, described the plans as “bold ambitions for any organization with a workforce of over 1,000, offices across the world and a busy international calendar involving implementing projects and policies and working with governments and other partners across continents.“But we have a responsibility to lead by example, and all UNEP staff are aware that becoming more sustainable today is the only way we can protect tomorrow – and if we can get this right, it should generate economic savings too.” read more

More than a third of Canadians have no retirement savings half live

This couple should have started retirement planning a decade ago, and now it’s almost too late Incomes of Canada’s 1% grew faster than everyone else’s in 2017 and their taxes went down With the Bank of Canada holding interest rates … just how vulnerable are Canadians to debt? BDO’s poll showed gen-Xers are the most indebted cohort when compared to millennials and baby boomers, with 44 per cent of indebted gen-Xers owing more than $20,000. That may not come as much of a surprise because the 35-to 54-year-olds are in the prime of their house-owning years with heavy mortgage burdens. Baby boomers may have paid off their mortgages while millennials have yet to buy into the expensive housing market in large cities.Story continues belowThis advertisement has not loaded yet,but your article continues below. More than half of Canadians live paycheque to paycheque and more than a third have no retirement savings, boosting the pressure to work longer, according to a new poll by accounting firm BDO Canada Ltd.The survey of 2,047 Canadians found 53 per cent had little disposable income and that debt is overwhelming for a quarter of respondents. An increasing number – 57 per cent versus 53 per cent last year – are carrying credit card debt, the survey showed. A third of people can’t afford to pay off their credit card balances while 40 per cent owe non-mortgage sums of more than $20,000, BDO said.“Affordability and debt challenges continue to weigh on Canadians,” Doug Jones, president of BDO Canada’s Financial Recovery Services practice, said in a statement. “Over time, the cumulative effects have a significant impact on financial goals.”The rising anxiety comes even as Canada’s inflation rate remains around the Bank of Canada target of 2 per cent a year and stock markets are enjoying their longest bull run for more than a decade. But fears of a recession have grown in recent months with signposts such as an inverted yield curve where longer-term interest rates are less than shorter terms. And housing prices have resumed upward climbs in much of Canada despite market-cooling legislation last year.Related Thirty-eight per cent of gen-Xers had no retirement savings compared to a third last year while almost half said they can’t afford to save for post-work life, according to the survey that BDO calls its Affordability Index. It was done in August with the help of Vancouver-based polling firm Angus Reid.“An increasing number of Canadians in their 40s and 50s are financially stretched and unprepared for retirement and unexpected costs,” Jones said. “This can lead to a greater reliance on debt to support living expenses.”A rising number of Canadians believe that younger generations will have to work longer than their older cohorts to make ends meet, 82 per cent in this year’s poll versus 75 per cent last year. The amount also increased in those saying that even if they save, they won’t have enough for their retirement. That answer rose to 69 per cent from 64 per cent in 2018.The research also found women suffer more than men and their challenges are mounting. Lack of income increases debt for 35 per cent of women compared with 28 per cent of men. Three quarters of women also struggle to save for major purchases compared to 70 per cent of men, and a third battle to pay for groceries versus 24 per cent of men, the poll found.A growing number of women are living paycheque to paycheque – 59 per cent versus 54 per cent last year – and more said they have no retirement savings – 43 per cent versus 35 per cent in 2018, according to BDO.“Recent years have been challenging for Canadians,” BDO said, adding its index “points to more challenges ahead. In order to change course, Canadians should be actively seeking ways to improve how they balance their debt obligations and future financial goals.” read more

UNs global malaria initiative names first executive

The Roll Back Malaria (RBM) programme – launched in 1998 by Dr. Gro Harlem Brundtland shortly after taking over as WHO Director-General – appointed Dr. Fatoumata Nafo-Traoré, a former Minister of Health of Mali, as its first Executive Secretary.WHO said Dr. Nafo-Traoré’s extensive experience with the Economic Community of West African States (ECOWAS) and coalitions such as the Global Alliance for Vaccines and Immunization (GAVI) ensures a greater focus on country-level support in the plans and activities of the RMB Partnership Board. For the first time partners are developing joint work-plans and creating combined country support teams to intensify action.In a further sign that the Partnership is reinvigorating its efforts, the RBM Secretariat is identifying new sources of finance and methods to increase efficient use of available funds earmarked for malaria control at the country level. The Secretariat is also establishing systems that will enable more effective monitoring of the activities and impact of the Partnership.According to WHO, malaria causes at least 3,000 deaths a day, over 90 per cent of which are in Africa south of the Sahara and most of which are in young children. Malaria, a major cause of poverty, slows economic growth by as much as 1.3 per cent per year in endemic countries. read more

Intercommunal violence spiralling out of control in southeast Chad UN warns

“The violence, which has left more than 220 dead, appears to mirror that of the neighbouring Darfur region of Sudan,” UN High Commissioner for Refugees (UNHCR) spokesman Ron Redmond told a news briefing in Geneva. “We fear the inter-communal hostilities are spiralling out of control and could threaten the entire south-eastern region of Chad.”He said accounts from displaced Chadians bear a striking similarity – the assailants are almost always identified as being of Arab ethnicity, often known personally by victims as neighbours with whom they had lived for generations. They are often well-armed, particularly with Kalashnikovs; on horseback, camelback or in trucks; sometimes in military attire, sometimes in civilian attire.In just the past week some 5,000 newly displaced Chadians have converged on a site for internally displaced persons (IDPs) in Habile, 45 kilometres southeast of Goz Beida. “In all, there are now some 68,000 Chadians who have been displaced within eastern Chad in a series of attacks over the past year,” Mr. Redmond added.He noted that Security Council Resolution 1706, adopted in August, already called for the deployment of a multi-dimensional UN presence to Chad and the neighbouring Central African Republic (CAR).UN officials have repeatedly warned of a spill-over to neighbouring countries of the deadly violence in Sudan’s Darfur region where over three years of fighting between the Government, allied militias, and rebels seeking more autonomy and development have killed scores of thousands of people and uprooted more than 2 million others. “With new attacks reported daily in south-eastern Chad, UNHCR is extremely worried that an already volatile situation is continuing to deteriorate,” Mr. Redmond said, noting that the Chadian Government yesterday declared a state of emergency. “UNHCR remains concerned by the difficult humanitarian situation and the difficulties we’re facing in properly assisting local residents, internally displaced people and refugees.”Since 4 November, at least 20 villages have been attacked south of Goz Beida. A UNHCR-led interagency mission to assess the recently-attacked village of Louboutigue yesterday had to flee when gunfire, believed to be warning shots, were fired from nearby millet fields by unseen gunmen. “No one was injured, but it was just a small sampling of the terror that tens of thousands of Chadians are now experiencing daily in the southeast,” Mr. Redmond added.In the village of Bandicao, residents have warned relief agencies that it is not safe to send ambulances to evacuate the wounded because of gunmen lying in wait. Government forces were sent yesterday to Kerfi to evacuate the wounded to the hospital in Goz Beida where capacity has been stretched in recent days with the arrival of 70 wounded.There are not enough beds and many patients are recuperating from serious wounds on mats under trees outside. To help ease the strain on the hospital, UNHCR has provided 10 large tents to house patients along with sleeping mats. Other agencies also provided assistance, including bandages and medicine. read more

Upcoming UN forum highlights vital contribution of forests to food security and

Forests cover nearly a third of the globe and provide an invaluable variety of social, economic and environmental benefits. Around 1.6 billion people – including more than 2,000 indigenous cultures – depend on forests for their livelihood. Forests are also the source of three-fourths of freshwater, help to regulate the impact of storms and floods and store carbon from the atmosphere. Also, more than three billion people depend on forests for wood for cooking and heating.The International Conference on Forests for Food Security and Nutrition, to be held at FAO headquarters from 13 to 15 May, will bring together policy-makers, scientists, the private sector, UN agencies, non-governmental organizations, and community and farmers’ groups, as well as indigenous representatives to raise awareness and understanding about the many ways forests contribute to food security, especially in developing countries.“If you talk to the general public about forests, they think about building houses and furniture and maybe recreation. But they don’t primarily think about food,” said Eva Muller, Director of FAO’s Forest Economics, Policy and Products Division.“So one of the main reasons for organizing this conference is to draw attention to the contribution that forests can actually provide to food security and nutrition,” she stated in an interview with the UN News Centre ahead of the Rome meeting. Ms. Muller pointed out that forests contribute to food security in a variety of ways. They are a source of ‘forest foods’, which include things such as fruits, leaves, seeds and mushrooms, as well as wild animals and insects. “These usually are not the main staple of people’s diets but they are a very important supplement to diets because they are very nutritious and add minerals and vitamins. Also, the insects and wild animals provide the main source of protein for many people who live in and around forests.” Forests and trees also provide income and in many rural areas, they are the basis of small businesses, Ms. Muller noted. Very often, women collect products from the forests – mainly non-wood products – and sell them in the markets to generate crucial additional income which they use to provide food for their families, pay school fees and clothe their children. “But forests also contribute in a more indirect ways to food security and nutrition. And that is through the environmental services they provide,” she stated. Forests help mitigate climate change by storing carbon, regulate water flows, and sometimes provide protection against the effects of storms. Forests are also home to bees which are pollinators for agricultural crops, she added. The first day of the conference will feature the launch of the book Edible Insects: future prospects for feed and food security, which address the multi-faceted role that insects can play in nutrition and supporting livelihoods in both developing and developed countries.Insects, Ms. Muller pointed out, are extremely nutritious. “They’re rich in protein, they’re rich in fat, and they’re also rich in vitamins and minerals.” While edible insects may not be all the rage right now, FAO believes there is growing interest in them and that they can help address the food security needs of a growing global population. “If we think about edible insects, there’s a huge potential that has essentially not been tapped yet because currently, two billion people in the world eat insects but most of these are just collected and there’s very little experience in insect farming, for example, which is something that could be explored in view of a growing population.”The agency has been working on edible insects for a number of years and has established a database of edible insects that are reported to be used in various countries. It decided that the time was right to compile all of the information into one major publication. “We have realized that there is really a huge potential there that hasn’t been very well explored,” said Ms. Muller, who said she believes the publication will be “groundbreaking.”In addition to highlighting the ways in which trees and forests contribute to food security and nutrition, next week’s meeting will explore policy options and innovative approaches for increasing that contribution and identify key challenges and bottlenecks hindering it. Among those expected to address the opening of the conference on Monday is FAO Director General José Graziano da Silva; David Nabarro, Special Representative of the Secretary General for Food Security and Nutrition; Mirna Cunningham, outgoing Chair of the UN Permanent Forum on Indigenous People; and Braulio De Souza Dias, Executive Secretary of the Convention on Biological Diversity. read more

Baseball Ohio State splits doubleheader wins series against No 24 Michigan

Ohio State junior outfielder Dominic Canzone (33) celebrates after making it to third base during the game against Michigan on April 12. Ohio State won 10-5. Credit: Casey Cascaldo | Photo EditorOhio State (20-17, 4-5 Big Ten) takes the series, but split the Saturday doubleheader against No. 24 Michigan (24-11, 5-3 Big Ten) in front of a crowd of 4,841, the largest in over a decade. Game 1 Ohio State used explosive bats to cruise to a win and secure the series victory. The Buckeyes (20-16, 4-4 Big Ten) jumped on No. 24 Michigan (23-11, 4-3 Big Ten),finishing with a 10-4 victory in the first game of Saturday’s doubleheader. They utilized the long ball to get after the usually dominant Michigan pitching staff. “We swung the bats really, really well,” head coach Greg Beals said. “We beat their pitching staff for two games.” The Buckeyes would finish the game with three home runs and 12 hits. The game was completely blown open after a three-run home run from redshirt senior center fielder Ridge Winand made the lead 8-0 in the third inning. It was Winand’s first home run of his career, capping off a six-run third inning for the Buckeyes. “As I was rounding the bases, all that hard work felt like it paid off, and it was against the Team Up North which is awesome,” Winand said. Junior right fielder Dominic Canzone continued his success against the Wolverines. The co-captain would make is imprint on the game with a solo shot, his ninth home run on the year, off the scoreboard in right-center field in the bottom of the third inning. Canzone would finish with three hits and two RBI. In his career, Canzone has recorded multiple hits in five of his six games against Michigan. “Big time players got to play in big time games, and Dom Canzone certainly proved that this weekend,” Beals said. Ohio State redshirt freshman pitcher Seth Lonsway was not his usual dominant self, finishing the day with four strikeouts, his lowest total since his start against Furman on March 11. Despite the uncharacteristic low number of strikeouts, the redshirt freshman was able to go 5.2 innings and allow only three runs in his fifth win of the season. “We went freshman Lonsway and freshman Pfennig for a victory, so it bodes well for the future and bodes well for these guys growing for the rest of the season,” Beals said. Junior pitcher Karl Kauffmann came into Saturday’s game with a 2.29 ERA, Michigan’s best, with an average start length of over six innings. Kauffmann would finish the game with the worst start of his career in terms of runs allowed, giving up a career-high eight runs in 5.1 innings of work. The Buckeyes were also able to balloon Kauffmann’s career home runs allowed from three to six. In the bottom of the second inning, Ohio State freshman shortstop Zach Dezenzo, who came into the day with five home runs, was able to crush a two-run home run to center field to open up the scoring. This was the first home run surrendered by Kauffmann this season. Following Canzone’s home run, a triple from senior left fielder Brady Cherry pushed home the fourth run of the game for Ohio State. Cherry would be knocked in on a single to right field from junior first baseman Conner Pohl. The Wolverines were able to cut into the deficit, after senior first baseman Jimmy Kerr’s two-out double cleared the bases to make the score 8-3 in the sixth inning. Canzone continued his hot hitting against the Wolverines with an RBI-double to right centerfield in the bottom of the sixth inning. A no doubter by Michigan sophomore designated hitter Jordan Nwogu over the left-center field wall made the game 9-4 in the seventh inning. This would be the only damage done against freshman pitcher Will Pfennig. The right-hander would go 3.1 innings in relief and strike out six to earn his second save of the season. “Will Pfennig is able to use his breaking ball, and command his ball to both sides of the plate,” Beals said. Ohio State outscored the Wolverines 20-9 in the first two games of the series. Game 2 Stellar pitching cooled Ohio State bats and carried Michigan to series-finale win. Ohio State (20-17, 4-5 Big Ten) fell 6-2 to Michigan (24-11, 5-3 Big Ten) in the second game of the doubleheader. After allowing 10 runs in each of the first two games, the Wolverines settled in to limit Ohio State’s potent offense. Michigan sophomore pitcher Jeff Criswell would put on the best pitching performance of any Michigan starter against Ohio State. He would go 6.2 innings, tying his longest outing, and allow only two runs.“They got good arms,” Beals said. “They have good, lively fastballs, and they attack with the fastballs.” Ohio State sophomore pitcher Griffan Smith has not won a game since March 3 against Bethune-Cookman. Smith’s last start was a career-high six innings pitched in a no-decision against Northwestern. Smith was unable to collect a win against Michigan, finishing with six strikeouts, one off his career high, but allowed four runs in five innings of work and earned his second loss of the season. Michigan struck first in the second inning with a solo home run by junior designated hitter Dominic Clementi, his first home run on the year. The junior emphasized the run by stomping on home plate, which would begin a four-inning stretch of scoring for the Wolverines. In the fourth, a triple by senior second baseman Ako Thomas pushed Michigan’s lead to three. In the bottom of the fifth inning, the Buckeyes were able to stop the bleeding with Dezenzo scoring from first base after a fielding error in left field. Canzone was able to bring home a second run after a groundout to shortstop brought home Winand. Canzone would extend his on-base streak to 33 games. The co-captain is now hitting .540 against Michigan in his career. “I just wanted to do everything I could for my brothers,” Canzone said. “That Team Up North isn’t coming in here and taking series from us.” The Wolverines would go on to score two more runs in the final four innings. This is the first home loss against Michigan for Beals. He is now 8-1 at home against the Wolverines. The Buckeyes will return to the diamond Tuesday at 6:35 p.m. when they host Xavier. read more

Snowdon should have Machu Picchustyle permits say campaigners

first_imgWalkers head to the Snowdon summitCredit:alamy Visitors need a permit to trek the Inca Trail up to Machu PicchuCredit:alamy Jonathan Cawley, director of planning and land management at the Snowdonia National Park Authority, said that education is required.“There’s no one silver bullet,” he said. “We spend huge sums on the upkeep of the maintenance of paths on Snowdon, but it’s never enough. We do litter picking which is a huge task. There’s an education programme that needs to happen.”A scheme in Llanberis, a village at the foot of Snowdon, is encouraging visitors to donate to maintain local infrastructure, and has seen 28 businesses sign up to it. A similar scheme in the Lake District raises £250,000 a year. Mr Watkin, of FUW, said that it would not raise enough money and that a mandatory tourism tax is more suitable. However, he agreed with be difficult to enforce.In 2013, photos circulated of walkers waiting two and a half hours to reach the summit as the footpaths clogged up on a busy Bank Holiday weekend. The path to the summit on a busy summer dayCredit:alamy The Inca Trail, used to access the Inca citadel of Machu Picchu in Peru, has a annual quota that limits walkers to 500 a day, with permits bookable only through tour operators, and often sold out months in advance. “[Introducing a permit system or a charge] is something we need to do in order to protect what we’ve got,” Gwynedd Watkin, Caernarfon FUW county executive, told the BBC. “How are we going to maintain those paths for future generations? It’s one thing to say we have a right, but we also have a responsibility.” Walkers climbing Snowdon should have to pay for the privilege to cut down on numbers visiting Wales’ highest peak, campaigners have said.The Farmers’ Union of Wales (FUW) called for a charge or even a permit system similar to that enforced for the Inca Trail, claiming it was necessary to protect the North Wales mountain amid growing concern over littler and damage to pathways.center_img Visitors need a permit to trek the Inca Trail up to Machu Picchu Earlier this year tourists were accused of using the mountain “as a toilet” and littering heavily.However, a spokesperson for Ramblers Cymru said charges would not be legal and would compromise “hard-won and fiercely protected rights”.Policy and advocacy manager Rebecca Brough, who admitted numbers were “challenging”, said: “We wouldn’t want to discourage people from getting out walking. It’s free and it should be. Paths are already maintained at public expense.” “Gwynedd council and the national park authority are being squeezed [financially]. How are we going to do it otherwise?”Snowdonia National Park welcomes some 4.3 million visitors a year, according to the latest statistics, making it one of the most-visited in the country, and the most visited in Wales. Climbing Snowdon, Wales’ tallest mountain at an elevation 1,085m, is one of the biggest draws. Walkers head to the Snowdon summit The path to the summit on a busy summer daylast_img read more

One in ten British adults now a secondhome owner

first_imgThe proportion of adults in families owning multiple properties has seen a 30 per cent surge during the 21st century aloneCredit: Dominic Lipinski/PA Wire Terraced houses You shouldn’t be making more money off your house than you do from going to workPaula Higgins, Homeowners’ Alliance “These people have had years and years of benefit from a rising housing market – but you shouldn’t be making more money off your house than you do from going to work.”Last year the Cornish town of St Ives voted to ban the building of second homes. The town, dubbed Kensington-on-Sea because of its popularity with well-heeled west Londoners, held a referendum last May after figures revealed that one in four new properties were being used as second homes. A judicial review of the plan brought by an architectural firm failed in November.  Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. “It’s telling that there’s little incentive to sell – even with an empty house you’re sitting on a rising investment.”The majority of those owning second or third homes were based in the wealthiest areas of the UK, the report added.Almost six in ten landlords are based in the South East or South West, the East of England and London.”This is where the young people are struggling to get on to the property ladder which is why towns are banning holiday homes,” added Ms Higgins.   She added that properties not being used for rental could include “holiday homes, flats that adult kids live in for free, empty properties they’re speculating on, MP’s with London flats and constituency houses, people who’ve inherited their recently deceased parent’s home and haven’t worked out what to do with it yet”.Paula Higgins, of pressure group the Homeowners Alliance, called the figures “shocking”.”It’s really the haves and have nots – there’s a generation of people being locked out of owning their own home and all the benefits that go along with it, and there’s another generation who’s got the leverage to benefit from rising house prices. “We need to get homes that are for living in and not for investment. “People with second homes not only have an investment that they can turn to in times of need, for instance in later life when care is required, but if the property is rented out they also see a boost to their incomes here and now.” One in ten British adults now owns a second property, research has found. The figures published by the Resolution Foundation show that the number of people with multiple properties increased by 1.6m to 5.2m between 2000 and 2014 – a 30 per cent increase in the proportion of adults who owned more than one home.The analysis also suggested that most of these owners are not landlords, with just 3.4 per cent of adults letting property out.This would mean that 6.6 per cent of adults, or 3.4m people, have extra properties that they leave empty as an investment or use as holiday homes.The think-tank examined data from the British Household Panel Survey and the Office for National Statistics to find that while overall home-ownership has plummeted, second home-ownership has risen dramatically. The proportion of adults owning any property rose to a high of almost 66 per cent in 2002 but has since fallen to just over 60 per cent. Laura Gardiner, senior policy analyst at the Resolution Foundation, said: “Multiple property ownership is still a minority sport, but a growing one that represents a significant boost to the wealth pots of those lucky enough to own second homes. last_img read more

Danske Bank Ireland to close for personal customers with loss of 150

first_imgUpdated 22:50.DANSKE BANK IS to begin a pullout of the personal banking market in Ireland leading to the loss 150 jobs, it was announced earlier today.The jobs losses will be compulsory according to General Secretary of  the IBOA Larry Broderick who said that the union was “shocked” by the bank’s decision.The bank, which is formerly National Irish Bank, says the decision was taken following a review of its Irish operation from which it says it was unable to re-establish a sustainable retail banking business model.Dankse say that there are to immediately cease offering products to new personal and banking customers and will phase out services to existing customers over the first six months of 2014.In a statement this morning, Danske say that they intend to refocus their Irish business on corporate and institutional clients.The bank had previously announced that it was to close its branches across the country in favour of nine ‘advisory centres’ to deal with customer queries.The decision follows last week’s announcement from ACC Bank that it was also withdrawing from standard banking products with the loss of 180 jobs.Speaking to this morning, IBOA general secretary Larry Broderick said that today’s announcement represented a “sad day for banking in Ireland”.He says the union intends to lobby the Government to get them to pressure Dankse to reverse their decision as it “sends a bad message about Ireland as it intends to leave the bailout soon”.As part of negotiations with Dankse, he also says that the IBOA intends to push for the terms of jobs losses to be changed so that they are voluntary and not compulsory.First published 08:21,Read: ACC Bank restructuring results in 180 job losses >Read: Levy on banks of €150 million a year until 2016 >last_img read more

WSU Vancouver honors Dan and Val Ogden

first_imgCougar blood runs deep in the Ogden family.Three generations of the prominent Vancouver family have graduated from the Washington State University Pullman campus, and the Ogdens helped to bring the branch campus to Vancouver in 1989.So when WSU Vancouver gave the Community Award of Distinction for Community Partnership to Val and Dan Ogden at a recognition dinner this week, it was a special honor for the couple, Val Ogden said.“We’re very proud,” she said. “We felt greatly honored. It’s doubly important to us because it comes from a university that we’re very proud of.”Val Ogden pushed hard for the opening of the campus while serving in the State House of Representatives for 12 years, she said.“It’s such a godsend to have it here; it met such a need,” Val Ogden said. “The site is stunning and the campus keeps growing. We are drawing people to come to Vancouver.”The couple established the first graduate-level endowed scholarship at the Vancouver campus. And Val Ogden championed the creation of school vanity license plates with fees to support other scholarships throughout the university system.last_img read more

Orchards mans killing unsolved after 8 years

first_imgWednesday marked the eighth anniversary of Donald Brown’s unsolved death. His live-in girlfriend came home late on Feb. 4, 2007, and found the 39-year-old fatally stabbed in his head and neck. Detectives found no signs of forced entry at his Orchards-area house on Northeast 104th Court. Brown was an engineer at Frito-Lay when he was killed, and had worked as a commercial fisherman in Alaska.The Vancouver Police Department has sought additional information from the public multiple times to try and solve the case. Those with information can contact Detective Darren McShea at 360-487-7431 or’s mother, Pat Kuiper, moved to Vancouver from Las Vegas to work on her son’s case. In an interview with The Columbian, Kuiper said she wants her son’s killer held accountable so that she can remember her son in a different way.“I don’t want to think about the murder so much. I don’t want that to be the primary memory of my son,” she said.last_img read more

Legislative Change Needed to Allow DOD to Repay Communities Addressing Contamination Air

first_imgThe Air Force is working with the House and Senate Armed Services committees to insert language in a future defense authorization bill permitting the federal government to reimburse communities for out-of-pocket expenses incurred following the discovery of contamination in their drinking water supplies stemming from past use of fire-fighting foam at nearby installations, Undersecretary of the Air Force Matthew Donovan said this week during a visit to Wright-Patterson AFB. The Air Force has told Dayton, Ohio, that federal law prevents it from reimbursing the city for the cost of an environmental study and testing of PFAS (per- and polyfluoroalkyl substances) contamination threatening  off-base wells, reports the Dayton Daily News.“The Air Force wants to be good neighbors in our community and we’re very concerned about issues like this because our Air Force members are actually a part of the community too,” Donovan said.Air Force photo by Breanne Humphreys Dan Cohen AUTHORlast_img read more

Arjun Kapoor opens up on why he rushed to Boney Kapoors help

first_imgArjun Kapoor, Sridevi and husband Boney KapoorInstagramAfter Sridevi’s untimely death at a hotel in Dubai, Arjun Kapoor immediately flew off to the capital city of United Arab Emirates (UAE) to help his father Boney Kapoor complete the final formalities to bring the legendary actress’ mortal remains back to India for cremation. He was also actively involved in the funeral arrangements and proved to be a pillar of strength for his grieving father and stepsisters – Janhvi and Khushi.Sridevi and Arjun Kapoor didn’t share a cordial relationship with each other after the latter’s mother Mona Shourie died seven years ago before watching her son’s debut film Ishaqzaade which released in the same year. And when Arjun offered his father and his sisters a shoulder to cry on in the time of mourning, he made headlines for the steps he had taken towards his family considering his on and off relationship.So when Arjun, during his recent interaction, was called a hero by an interviewer for rushing to help his father after Sridevi’s death, he immediately replied saying, “You are using a very big word – hero.”He further continued, “I understand what you are saying. But I couldn’t keep thinking what people would think of me. I did what I felt was right. If I had collected too much opinion, it would have been just manipulative and without any emotions.”Further explaining his decision of flying to Dubai with Boney Kapoor to bring back Sridevi’s mortal remains to India, Arjun said, “I am happy that I followed my instinct. I have no regrets. But I would never wish such a thing to happen to even my worst enemy. I wish it hadn’t come to that thing for us to react towards each other.””Even my mom would have wanted it this way, and not that I was doing a heroic act.. My mom loved my father; she would have wanted me to be around my father in that moment of crisis, she would have wanted his near and dear ones to be near him. I know how it feels. I have seen it myself. It’s not easy, my back is already broken. There is a sense of vacuum in me that only Anshula fills,” he added.Not just Arjun but his sister Anshula too offered a strong support to Boney Kapoor, daughters Janhvi and Khushi and had been supporting them in every walk of their life.last_img read more

Global Edible Flake market Expected to Grow faster according to new

first_img‘Global Edible Flake2019 Market Research Report’ is the latest market intelligence on growth drivers, industry and regional trends, competitive landscape scenario as well as upstream and downstream sectors.In this report, the global Edible Flake market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023.Edible flakes can be used to dust over decorated cakes, cupcakes and other confectionery products. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market.Edible Flake Report by Material, and Geography – Global Forecast to 2023 is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).The report firstly introduced the Edible Flake basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.Get Sample Copy of this Report @ major players profiled in this report include:General MillsNestlé S.A.PatanjaliFlakey Oats……The end users/applications and product categories analysis:On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-Type I……On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Edible Flake for each application, including-Supermarkets and HypermarketsConvenience StoresOnline Retailers……Get a discount on this research report @ Us:Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.Contact Us:Mr. Abhishek PaliwalBig Market Research5933 NE Win Sivers Drive, #205, Portland,OR 97220 United StatesDirect: +1-971-202-1575Toll Free: +1-800-910-6452E-mail help@bigmarketresearch.comlast_img read more

US airlines get defensive on talk of banning overbooking flights

first_img DALLAS — With the federal government and a Senate committee looking into the dragging of a man off a United Express flight, airlines are beginning to speak up against any effort to bar them from overselling flights.The CEO of Delta Air Lines called overbooking “a valid business process.”“I don’t think we need to have additional legislation to try to control how the airlines run their businesses,” Ed Bastian said Wednesday. “The key is managing it before you get to the boarding process.”Federal rules allow airlines to sell more tickets than they have seats, and airlines do it routinely because they assume some passengers won’t show up.The practice lets airlines keep fares low while managing the rate of no-shows on any particular route, said Vaughn Jennings, spokesman for Airlines for America, which represents most of the big U.S. carriers. He said that plane seats are perishable commodities – once the door has been closed, seats on a flight can’t be sold and lose all value.Bumping is rare – only about one in 16,000 passengers got bumped last year, the lowest rate since at least the mid-1990s. But it angers and frustrates customers who see their travel plans wrecked in an instant.Bumping is not limited to flights that are oversold. It can happen if the plane is overweight or air marshals need a seat. Sometimes it happens because the airline needs room for employees who are commuting to work on another flight – that’s what happened Sunday on United Express.More news:  Rome enforces ban on sitting on Spanish StepsFlight 3411 was sold out – passengers had boarded, and every seat was filled – when the airline discovered that it needed to find room for four crew members.That eventually led to the video everybody has seen – a 69-year-old man being dragged off the plane by security officers after refusing to give up his seat.In a series of three statements and an interview, United CEO Oscar Munoz became increasingly contrite. On Wednesday, he told ABC-TV that he would fix United’s policies and that United will no longer call on police to remove passengers from full flights.Politicians have jumped on the public outrage.On Wednesday, 21 Senate Democrats demanded a more-detailed account of the incident from Munoz. A day earlier, the top four members of the Senate Commerce Committee asked Munoz and Chicago airport officials for an explanation.“The last thing a paying airline passenger should expect is a physical altercation with law enforcement personnel after boarding,” said the committee members, two Republicans and two Democrats. They asked Munoz about his airline’s policy for bumping passengers, and whether it makes a difference that passengers have already boarded the plane.Sen. Richard Blumenthal, D-Conn., asked the U.S. Department of Transportation to analyze “the problem of overbooking passengers throughout the industry.” He said was working on legislation to increase passengers’ rights.The Transportation Department said it is investigating the incident to determine if United violated consumer-protection or civil-rights laws. It gave few details.New Jersey Gov. Chris Christie said Tuesday that he asked the Trump administration to suspend airlines’ ability to overbook flights. Christie, a Republican, said bumping passengers off flights is “unconscionable.” United is the dominant carrier at New Jersey’s largest airport, which is in Newark.More news:  Carnival Cruise Line enhances HUB app for families and youthFederal rules require that before airlines can bump passengers from a flight they must seek volunteers _ the carriers generally offer travel vouchers. That usually works _ of the 475,000 people who lost a seat last year, more than 90 per cent did so voluntarily, according to government figures.United said, however, that when it asked for volunteers Sunday night, there were no takers. United acknowledged that passengers may have been less willing to listen to offers once they were seated on the plane.“Ideally those conversations happen in the gate area,” said United spokeswoman Megan McCarthy.Airlines are supposed to have rules that determine who gets bumped if it comes to that. United’s rules, called a contract of carriage, say this may be decided by the passenger’s fare class _ how much they paid _ their itinerary, status in United’s frequent-flyer program, and check-in time. United has not said precisely how the four people asked to leave Flight 3411 were selected.United bumps passengers less often than average among U.S. carriers. In 2016, it bumped 3,765 passengers, or one in every 23,000. Passengers were twice as likely to get bumped from Southwest Airlines. Hawaiian, Delta and Virgin America were the least likely to bump a passenger against his will. Thursday, April 13, 2017 Tags: America, United Airlines By: David Koenig Source: The Associated Press << Previous PostNext Post >> U.S. airlines get defensive on talk of banning overbooking flights Sharelast_img read more

Home Prices Plummet to Lowest Levels Since 2002

first_img May 29, 2012 469 Views Home Prices Plummet to Lowest Levels Since 2002 The “”Case Shiller Home Price Indexes””:–p-us fell for the seventh straight month in March. The drop in the broader 20-city index was barely noticeable ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô down to 134.10 from 134.14 in February ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô while the 10-city index fell to 146.61 from 146.74.[IMAGE]Year-over-year, the 10-city index was down 2.8 percent and the 20-city index off 2.6 percent, improving from February.Economists had expected the 20-city index to show a 2.7 percent year-over-year decline.Separately, the national Case Shiller Index, reported quarterly, was down 2.0 percent in the first quarter and down 1.9 percent from the first quarter of 2011, Standard & Poor’s, which compiles and releases the indexes, reported.All three composites posted the lowest levels since mid-2006 when the housing crises began.The quarterly national index fell to its lowest level since 2Q 2002 with its second[COLUMN_BREAK]consecutive quarterly decline. It was down year-over-year for the seventh straight quarter, off 35.1 percent since its 2Q 2006 peak.The month-over-month and year-over-year gains were weaker than the improvement in the median price for an existing single-family home as reported last week by the National Association of Realtors. According to the NAR, the median price of an existing single family home improved 5.9 percent in March and 2.1 percent from March 2011 to March 2012.The index showed a month-over-month decline in seven of the 20 cities surveyed, with prices in Las Vegas ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô a perennial laggard ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô essentially unchanged from February to March. The cities in which home prices declined were Detroit (4.4 percent), Chicago (2.5 percent), Atlanta (0.9 percent), Minneapolis (0.9 percent), New York (0.9 percent), Portland (0.5 percent) and Boston (0.2 percent).Prices in Phoenix showed the strongest month-over-month gain (2.2 percent), followed by Seattle (1.7 percent), Dallas (1.6 percent), Denver (1.5 percent), Tampa (1.3 percent) and Washington DC (1.0 percent). Month-over-month gains in the other cities which saw price increases were less than 1.0 percent.Only seven of the 20 cities showed year-over-year price gains led by Phoenix, 6.1 percent, Minneapolis (3.3 percent), Denver (2.6 percent) Miami (2.5 percent), Detroit (2.3 percent), Dallas (1.5 percent) and Charlotte (0.4 percent). That the year-year gains were not concentrated in any single region of the country hints at the seed of a national housing recovery.Even with the slower decline in March, the 10-city price index is down 50.4 percent from its June 2006 peak and the 20-city index is down 49.8 percent from its July 2006 high point. Agents & Brokers Attorneys & Title Companies Home Prices Housing Affordability Investors Lenders & Servicers S & P Index Service Providers 2012-05-29 Mark Liebermancenter_img in Data, Government, Secondary Market, Servicing Sharelast_img read more

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