RBC added to Financial Stability Board list of 30 systemically important banks

first_imgTORONTO – The Royal Bank of Canada is the first Canadian lender to be added to the Financial Stability Board’s list of global systemically important banks, which are deemed too big to fail.The FSB, which co-ordinates the work of national financial authorities and international standard-setting bodies, added RBC (TSX:RY) as it removed French bank Groupe BPCE, keeping the total number of institutions on the list at 30.“This designation reflects the size and scale of RBC’s global operations,” RBC said in a statement Tuesday.Banks that receive this global systematically important (G-SIBs) designation face increased regulatory expectations designed to reduce the likelihood of a failure — and the ripple effects on the global economy. That includes a higher capital buffer and higher supervisory expectations.RBC is Canada’s largest bank based on its stock market value. However, because it is one of the smallest banks on the global list, RBC was placed into the lowest of five categories or “buckets” with the least onerous requirements to set aside additional capital to protect against unexpected losses.RBC and 16 other banks in this G-SIB category are required to hold an additional one per cent of common equity as a percentage of its risk-weighted assets, on top of the minimum capital levels outlined by the Basel Committee on Banking Supervision.RBC says that it already meets the requirement of a one per cent capital buffer and “does not expect any impact to its capital position with this designation.”Eight banks, including Goldman Sachs, are subject to a 1.5 per cent buffer, and four banks including HSBC must hold two per cent. Only JP Morgan Chase must hold a 2.5 per cent buffer, and no bank is in the highest bucket with a 3.5 per cent requirement.The Office of the Superintendent of Financial Institutions said in a statement Tuesday that RBC is already subject to its framework for domestic systematically important banks (D-SIBs), and “therefore is well positioned to meet the G-SIB requirements starting in January 2019.”Canada’s banking regulator in 2013 named the country’s six largest banks, including RBC, as D-SIBs. In turn, the banks were subject to additional requirements such as a capital surcharge, enhanced supervision, and increased disclosure, which OSFI says is generally consistent with the G-SIB requirements.Over the years, there has been “rampant speculation” that RBC would be included in this list and this “should not come as a big surprise to markets,” Cormark Securities analyst Meny Grauman said in a note to clients.“The question is what does that mean for investors, and in our view the likely answer is not much…. the G-SIB buffer will not be additive to its D-SIB buffer, but rather is already included.”CIBC World Markets analyst Robert Sedran said RBC’s possible inclusion had often been discussed at the time of FSB’s annual update “as the combination of currency translation and business growth made it a close call each time the list was released.”“It is not a stretch to suggest this bank has always been systemically important to the global financial system (at least a little),” Sedran said in a note to clients.“More important to us is the fact that management (in its language), the Board (as evidenced by the buyback activity) and the regulator (with its formal pronouncements) are comfortable that the domestic buffer can absorb the first level of the required global buffer and that the capital position is strong.”Sedran added that the lasting impact of the announcement on shares should be limited.Shares of RBC were flat, closing at $100.92 in Toronto.last_img read more

UN appeals for nearly 500 million to slash maternal deaths in 75

With a women dying every minute due to pregnancy or childbirth complications, the United Nations Population Fund (UNFPA) today appealed for nearly half a billion dollars to save the lives of millions of women in 75 countries. “No woman should die giving life,” said Thoraya Ahmed Obaid, UNFPA’s Executive Director. “To have a healthy society, you have to have healthy mothers.” There are up to half a million maternal deaths annually, and the agency hopes the $465 million it is calling for will support women in the neediest countries over the next four years. Progress in the area of maternal health has been slow in many nations due to the lack of political will and inadequate resources. Ms. Obaid urged countries to bolster their investment in national health systems by training birth attendants and promoting family planning. “Millions of deaths and disabilities could be prevented, if every woman had access to reproductive health services,” she pointed out. Improving maternal health by 2015 is also the fifth Millennium Development Goal (MDG). The new thematic fund – established by UNFPA in collaboration with governments, other UN organizations and international partners – will help countries health systems’ capacities to provide a wide range of maternal health services and empower women to exercise their right to maternal health. 14 February 2008With a women dying every minute due to pregnancy or childbirth complications, the United Nations Population Fund (UNFPA) today appealed for nearly half a billion dollars to save the lives of millions of women in 75 countries. read more

Annual UNcivil society conference to be held in Paris for first time

The conference, which is organized by the UN’s Department of Public Information (DPI), will attract some 2,000 representatives of non-governmental organizations (NGOs) from 90 countries. Normally held in New York, this year’s event is being staged in early September in Paris to mark the 60th anniversary of the Universal Declaration of Human Rights which was signed in the French capital in 1948.Secretary-General Ban Ki-moon will open the gathering , whose theme this year is “Reaffirming Human Rights: The Universal Declaration at 60” and which aims to highlight ways in which civil society can contribute to the advancement of human rights at the global, national and local levels.To promote this theme, DPI has launched a website (www.un.org/dpi/ngosection/conference), in English and French, designed to provide useful information to NGOs which are participating in the conference.The conference, which will be held at the headquarters of the UN Educational, Scientific and Cultural Organization (UNESCO), will emphasize participation through a series of roundtables, workshops and breakout sessions, as well as feature an art exhibit on the history of the Declaration. 8 July 2008A major United Nations conference which brings together civil society organizations from around the world each year will be held in Paris for the time, and will focus on human rights. read more

Supreme Court rebukes EPA but mainly leaves intact program to deal with

Supreme Court rebukes EPA, but mainly leaves intact program to deal with carbon emissions by Mark Sherman, The Associated Press Posted Jun 23, 2014 8:12 am MDT WASHINGTON – The Supreme Court largely left intact Monday the Obama administration’s only existing program to limit power plant and factory emissions of the gases blamed for global warming. But a divided court also rebuked environmental regulators for taking too much authority into their own hands without congressional approval.The justices said in a 5-4 vote along ideological lines that the Environmental Protection Agency cannot apply a permitting provision of the Clean Air Act to new and expanded power plants, refineries and factories solely because they emit greenhouse gases.The decision underscores the limits of using the Clean Air Act to deal with greenhouse gases and the administration’s inability to get climate change legislation through Congress.“The Supreme Court put EPA on a leash but not in a noose,” said Michael Gerrard, director of Columbia University’s Center for Climate Change Law.“It reaffirmed that EPA can regulate greenhouse gases, but it can only go so far in reinterpreting the statute,” Gerrard said. “The court invalidated a small corner of a secondary program. The main event — EPA’s proposed rules on existing power plants — remains to be fought another day.”The EPA and many environmental advocates said the ruling would not affect the agency’s proposals for first-time national standards for new and existing power plants. The most recent proposal aims at a 30 per cent reduction in greenhouse gas emissions from existing power plants by 2030, but won’t take effect for at least another two years.The justices warned that the regulation of greenhouse gases is not automatic under every program of the Clean Air Act as the administration had assumed it was. Similar logic is driving the EPA’s other actions on global-warming pollution.Justice Antonin Scalia, writing for his conservative colleagues, said EPA could not “just rewrite the statute” to bring greenhouse gases under a provision dealing with expanded and new facilities that would increase the overall amount of air pollution. Under the program, companies must evaluate ways to reduce carbon dioxide emissions in order to get a permit to build. Carbon dioxide is the chief gas linked to global warming.But by a wider, 7-2 margin, the court preserved EPA’s authority over facilities that already emit pollutants that the agency regulates, other than greenhouse gases.“EPA is getting almost everything it wanted in this case,” Scalia said. He said the agency wanted to regulate 86 per cent of all greenhouse gases emitted from plants nationwide, and it will it be able to regulate 83 per cent of the emissions under the ruling. Justices Samuel Alito and Clarence Thomas said they would go farther and bar all regulation of greenhouse gases under the permitting program.The EPA called the decision “a win for our efforts to reduce carbon pollution because it allows EPA, states and other permitting authorities to continue to require carbon pollution limits in permits for the largest pollution sources.”The agency said that, as of late March, 166 permits have been issued by state and federal regulators since 2011.Permits have been issued to power plants, but also to plants that produce chemicals, cement, iron and steel, fertilizer, ceramics and ethanol. Oil refineries and municipal landfills also have obtained greenhouse gas permits since 2011, EPA said.Under Monday’s ruling, the EPA can continue to require permits for greenhouse gas emissions for those facilities that already have to obtain permits because they emit other pollutants that the government has long regulated.The program at issue is the first piece of the EPA’s attempt to reduce carbon output from large sources of pollution.The utility industry, the U.S. Chamber of Commerce and 13 states led by Texas had asked the court to rule that the EPA overstepped its authority by trying to regulate greenhouse gas emissions through the permitting program. The administration failed to get climate change legislation through Congress.In 2012, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit concluded that the EPA was “unambiguously correct” in using existing federal law to address global warming.The agency’s authority came from the high court’s 2007 ruling in Massachusetts v. EPA, which said the Clean Air Act gives EPA power to limit emissions of greenhouse gases from vehicles.Two years later, with Obama in office, the EPA concluded that the release of carbon dioxide and other heat-trapping gases endangered human health and welfare. The administration used that finding to extend its regulatory reach beyond automobiles and develop national standards for large stationary sources. Of those, electric plants are the largest source of emissions.When the Supreme Court considered the appeals in October, the justices declined requests to consider overruling the court’s 2007 decision, review the EPA’s conclusion about the health effects of greenhouse gas emissions or question limits on vehicle emissions.Scalia said the principal objection to the EPA’s interpretation of the clean air law was that it claimed authority “to regulate millions of small sources — including retail stores, offices, apartment buildings, shopping centres, schools, and churches — and to decide, on an ongoing basis and without regard for the thresholds prescribed by Congress, how many of those sources to regulate. We are not willing to stand on the dock and wave goodbye as EPA embarks on this multiyear voyage of discovery.”Industry groups praised the court for reining in the EPA’s authority. “It is a stark reminder that the EPA’s power is not unlimited,” said Harry Ng, vice-president and general counsel of the American Petroleum Institute, the oil and natural gas industry’s trade association.But David Doniger, director of the climate and clean air program at the Natural Resources Defence Council, said the ruling was a green light for the administration’s proposal to cut greenhouse gas emissions from existing power plants. “There’s no adverse effect on EPA’s power plant proposal. In fact, it looks like the court is reaffirming EPA’s authority to set those standards,” Doniger said.___Associated Press writer Dina Cappiello contributed to this report. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

Issues not apps are the focus at South by Southwest

by Mae Anderson, The Associated Press Posted Mar 14, 2016 9:55 am MDT Last Updated Mar 14, 2016 at 3:42 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Issues, not apps, are the focus at South by Southwest AUSTIN, Texas – Big-picture issues and futuristic ideas — rather than the usual hot app or startup launch — have taken the spotlight at this year’s South by Southwest Interactive tech jamboree.President Barack Obama’s opening keynote on Friday referenced the current fight between Apple and the FBI and set an issue-driven tone for the conference. And a daylong online harassment summit put the spotlight on the troubling topic of online harassment . Meanwhile, panels focused on futuristic ideas such as robots for the elderly and supersonic public transportation.So far, though, there’s no sign of breakout apps like Twitter in 2007 or Foursquare in 2009. (Or livestreaming app Meerkat last year, which was quickly eclipsed by Twitter’s Periscope.)“This year’s festival has been more about connectivity, immersive experiences and external, larger issues rather than past years, which were more about new launches,” said SXSW veteran Tom Edwards, chief digital officer for Dallas-based marketing firm Epsilon.More than 30,000 attendees flooded the streets of downtown Austin over the weekend, soaking up live music and marketing stunts including a life-size Ferris wheel provided by the USA Network show “Mr. Robot.”Here’s a look at the buzziest trends so far at the festival’s tech-focused conference, which runs through Tuesday.___BIG ISSUESIt’s an election year, and hotly debated issues dominated discussions.Obama, the first U.S. president to headline a SXSW event, said he was strongly committed to encryption but said authorities must be able to access data held on electronic devices to fight crime and extremist violence. He didn’t specifically comment on the FBI’s case against Apple, however. A federal court has ordered Apple to help the FBI break into a phone used by one of the San Bernardino killers. Apple has appealed the ruling and says the government plan puts the privacy of all users at risk.Panels on online harassment discussed trolling and abuse in online comments and social media, mainly of women. One panel gave statistics and examples of the harassment women of colour and female journalists face to illustrate the scope of the problem on social media.Another panel, initially cancelled due to threats of violence against panelists and the festival, discussed how game-related design, such as algorithms or pre-set filters, could be used to discourage harassment. Due to the previous threats, the daylong online harassment summit took place under tight security, but there were no disturbances.The festival had its own mini-discrimination controversy. Organizers apologized to a panelist after she tweeted that she was told she had to remove her headscarf for a festival ID badge. She was eventually allowed to take a photo with her headscarf — then received a badge with the right picture but the wrong name and affiliation, as her tweets documented and the festival confirmed.___FUTURISTIC IDEASRodney Brooks, creator of Roomba and CEO of Rethink Robots, argued that robots aren’t as dangerous as people think they are. At one point, he reached into his pocket and pulled out a coin — then noted that no robot is currently capable of doing the same.Still, the robotics pioneer thinks robots will be essential for elder care, helping with daily tasks, acting as companions and driving people around. In similar respects such as manufacturing, he argued, robots won’t displace jobs, they’ll do the work no one wants to do.Dirk Ahlborn, CEO of Hyperloop, a company aiming to create a transportation system using capsules travelling through tubes at the speed of sound, took the stage to enthusiastic whoops from the crowd. He said the Hyperloop, which he claims will condense a five-hour trip from Los Angeles to San Francisco to 36 minutes for less than the cost of a plane ticket, is well on the way to becoming reality.While he acknowledged critics who say the project could cost $100 billion to build — far more than Hyperloop’s own estimates — he said his company is trying to disrupt the transportation industry.___TECH AND MUSICAs always, tech and music intermingled during the festival. When the indie-rock band Great Caesar played at a popular local bar, it was no ordinary SXSW show. Its sponsor, Doppler, was testing ear buds designed to augment live music. Via an app, ear bud wearers could adjust the bass they could hear, for example, or create an echo effect. They could also choose pre-mixed filters that mimic the sound effects of different places, such as a small studio or Carnegie Hall.“I like having some kind of control over what I’m listening to,” said Marshall Heinz, a law student in Austin who tried out the device. “I make music, so to interact with people who are way better musicians than me is pretty cool.”___SONY’S ‘N’ CONCEPTSony had one of the buzziest product demos of the festival, previewing a prototype device called the “N” concept neckband. It’s a speaker that rests on the neck, plays music, takes pictures and responds to voice commands such as queries about the weather. Response to the device, unveiled Saturday, has been enthusiastic, said research and development deputy president Jun Maruo, who said there’s no timeline for when Sony might release the neck band or what it might cost.___This story has been corrected to note that the show “Mr. Robot” appears on USA Network, not AMC. read more

Health Quality Ontario warns poor people more likely to have shorter lifespans

by Keith Leslie, The Canadian Press Posted Apr 20, 2016 7:45 am MDT Last Updated Apr 20, 2016 at 3:26 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Health Quality Ontario issued a report Wednesday showing that the poorer people are, the more likely they are to have shorter lifespans and to suffer from multiple chronic conditions.The report found men living in the poorest neighbourhoods die, on average, more than four years earlier than the men in rich areas, while women in poorer areas die an average of two years earlier than wealthier women.The government advisory agency said the poorest 20 per cent of people are nearly twice as likely as the richest 20 per cent to have two or more chronic conditions, such as diabetes and a mental health issue.It also found only about 60 per cent of the poorest people have prescription drug insurance, compared with nearly 90 per cent of the wealthiest people.Half the people living in the poorest urban neighbourhoods are overdue for colorectal cancer screening, compared with just over one-third in wealthier areas.“Poor people in Ontario pay for their lower income with their health,” said Joshua Tepper, president and CEO of Health Quality Ontario.“Ultimately, our report aims to help break down the barriers to better quality health care and improve outcomes,” he said in a release.Health Minister Eric Hoskins said “unfortunately and regrettably,” the findings in the Health Quality Ontario report are no surprise.“We’ve known for quite some time in Ontario and around the world that individuals of lower social and economic income have worse health outcomes,” he said.“In fact, their access to health care is more challenging as well.”Hoskins said the government has to keep developing fair, equal access to health care, but warned that access isn’t the only issue.“One’s outcomes are not solely based on access to the health care system,” he said. “They’re also based on things like adequate housing, income security, educational opportunities and the quality of the air and water around you.”Dr. Jeffrey Turnbull, clinical chief at Health Quality Ontario, said the report entitled “Income and Health: Opportunities for Health Equity in Ontario,” will help in the development of improvements to the health care system.“Your income should not determine how healthy you are, or the quality of care you receive, but according to our findings…this is a reality for many people,” he said.Follow @CPnewsboy on TwitterNote to readers: This is a corrected story. A previous story mistakenly called the organization Health Care Ontario. Health Quality Ontario warns poor people more likely to have shorter lifespans read more

Crisis in Africas Lake Chad Basin must not be forgotten – UN

“A quarter of a million people have fled across borders,” Stephen O’Brien, the Under-Secretary-General of Humanitarian Affairs as well as the UN’s Emergency Relief Coordinator told the High-Level Event on the Lake Chad Basin. “Many have walked hundreds of kilometres from Nigeria to Cameroon, Chad and Niger, in the most appalling conditions.”Mr. O’Brien, who convened the meeting at UN Headquarters in New York on the sidelines of the UN Sustainable Development Summit, which opened today, appealed to countries in the region to give relief workers access to those in need and also called for urgent financial contributions to the under-funded operations.“If we disregard the huge scale of humanitarian needs, we could all pay a high price,” he said.Describing the people in the Lake Chad Basin, which straddles Nigeria, Cameroon, Chad and Niger, as “some of the poorest and most resilient in the world,” the top UN humanitarian official said “now the region has also become an epicentre of violence and terror.” “The emergence of Boko Haram has pushed them over the edge,” he said. “Over the past five months, a sharp increase in attacks by Boko Haram has uprooted 500,000 children, bringing the total number of children on the run in northeast Nigeria and neighbouring countries to over 1.4 million.”He described the “appalling impact on women and children, who are being abducted, abused, raped, exploited, trafficked, and forced to work as porters and lookouts,” and “children as young as six years old have been used as suicide bombers.”“With so many other humanitarian crises on the international agenda, we hear relatively little about the horrors taking place in the Lake Chad Basin,” he said. “And yet this is the scene of the fastest-growing displacement crisis in Africa, with 2.3 million people forced from their homes since May 2013.”Mr. O’Brien warned that the future of the region, where business activity is reportedly down by 80 percent, “looks even bleaker, as farmers are unable to tend their fields and trade in some areas is at a standstill.”UN agencies like the World Food Programme, the UN refugee agency and the UN Children’s Programme (UNICEF) echoed Mr. O’Brien in presenting a grim humanitarian picture of the region and appealing for greater international support to their efforts to reach those in desperate need. read more

Aston Martin celebrates its 100th anniversary

Today, Aston Martin is one of the world’s most desirable brands; designing, engineering and manufacturing around 3,500 exclusive sports cars at its Gaydon headquarters in Warwickshire.Founded on 15 January 1913 by Robert Bamford and Lionel Martin as Bamford and Martin Ltd in Henniker Mews, London, Aston Martin has since become an iconic UK automotive brand famous around the world. This year the company celebrates its centenary, focused around a week of special events from 15 – 21 July.Following Lionel Martin’s successful runs at the Aston Hill climb in Buckinghamshire, the ‘Aston Martin’ name itself was first used in 1914, and within a year the first car had been built and registered with that name. Taking its first steps in motorsport in 1922, the first Aston Martin entry to the famous Le Mans 24-hour race followed in 1928, and class victories were claimed in 1933.In 1947 Aston Martin entered a new era, as British entrepreneur David Brown acquired the company. The next decade saw significant expansion of the business with the purchase of the Lagonda marque, relocation of manufacturing to Feltham in Middlesex, and production of the DB2, DB2/4, DB Mk III road cars and the Le Mans winning DBR1 racing cars.Newport Pagnell became the company’s manufacturing base in 1954, and is still considered by many today to be Aston Martin’s ‘spiritual home’. The factory was the birthplace of the famous DB5 model in 1963, which is now recognised around the world thanks to its starring role in the James Bond films.The 1970s and 1980s saw ownership of the company change three times before the Ford Motor Company acquired a 75% stake in 1987. In 1993 the marque’s ‘DB’ moniker was revived on the DB7 model, with Ford taking full control of the company in the same year. In recognition of Aston Martin’s contribution to the UK economy, the company was presented with the Queen’s Award for Export in 1998.Aston Martin began the new millennium with a new Chairman and Chief Executive as Dr. Ulrich Bez was appointed to lead the business into the modern era. The company opened its new global headquarters – and first ever purpose-built facility – in Gaydon, Warwickshire in 2003.The company was sold to a consortium of two major international investment houses, led by Prodrive founder David Richards, in 2007. More recently, Aston Martin has celebrated building its 50,000th production car, and now boasts the strongest model range in its 100 year history.The highlight of the centenary celebrations will be a concours event run jointly by the Aston Martin Owners Club, the Aston Martin Heritage Trust and Aston Martin Lagonda Ltd. The event will take place on 21 July 2013 in Kensington Gardens and will feature the largest gathering of Aston Martins in the company’s history.Earlier this year, SMMT launched the first report of its kind that demonstrates the value of the UK’s unique low volume car manufacturing industry. It highlights some of the challenges these companies face and, importantly, the opportunities for growth that can be achieved with industry, government and other stakeholders working together to support a world-renowned British success story.Click through to download the report: Specialist car manufacturing – a uniquely British success story.Watch the video below for an introduction to Aston Martin’s centenary in 2013.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more

European Play Off for Womens WCh 2017 – Russia VS Poland

Nine pairs of European Play Off for the Women’s World Championship 2017 are drawn in Gothenburg today – a day before the final at Women’s EHF EURO 2016.The most interesting will be clashes between Poland – Russia and Croatia – Slovenia.Montenegro – BelarusItaly – SerbiaRussia – PolandHungary – SlovakiaRomania – AustriaUkraine – SpainCroatia – SloveniaCzech Republic – TurkeyMacedonia – SwedenFirst matches will be played between June 9-12, while second matches are scheduled 13-15 of June.Copyrights: Stephane Pillaud ← Previous Story Norway and Netherlands in battle for EURO gold! Next Story → Nacevski – Nikolov World’s handball referee pair in 2016! read more

SEHA SURPRISE Tatran beat Meshkov in Brest

← Previous Story KIF Kolding went bankrupt? Next Story → Two young Spanish handball players died in car accident HC Tatran PresovMeshkov BrestSEHA The Slovakian champions HC Tatran Presov are in series of good result. After Istanbul, where they beat Besiktas at the start of EHF Champions League season, the team of Croatian coach Slavko Goluza won also in Brest against Meshkov 32:28 (16:16).Tatran’s right back Bruno Brutorac netted seven goals, while Sime Ivic scored five for defeated team. read more

James Reilly denies there was conflict of interest in maternity services review

first_imgHEALTH MINISTER JAMES Reilly has denied that there is a conflict of interest after it emerged that the group tasked with reviewing maternity services in Galway, Roscommon, Mayo, Sligo and Donegal was founded by the director of the West/North West Hospital Group.In 2012, Noel Daly was appointed to his current role by Reilly. He set up D & F Health Partnership Ltd, trading as the Health Partnership, with Deirdre Foley Woods in 2008.That group is now examining maternity facilities at University Hospital Galway, Merlin Park University Hospital, Sligo Regional Hospital, Letterkenny General Hospital, Mayo General Hospital, Portiuncula Hospital and Roscommon County Hospital.Upon his appointment to the West/North West Hospital Group, Daly resigned as chair of the Health Partnership.He retained a 50 per cent share in the company but the hospital group said he has received “no financial reward of any kind from the company since his retirement in December 2011″ and “remains committed to disposing of his shares”.In a statement, the Group said the Health Partnership was chosen because of “their considerable experience within the health sector” and “competitive price” for conducting the review – €20,000.‘Review his position’Sinn Féin senator Trevor Ó Clochartaigh said there “could be huge conflicts of interest involved” and called on Daly to “review his position as Chair of the Board”.Fianna Fáil’s Seanad Health Spokesperson Marc Mac Sharry echoed these sentiments, saying the issue needed to be “addressed immediately”.He added:By any objective analysis, this is a direct conflict of interest. It calls into question Mr Daly’s position at the helm of the hospital group and it calls into question the group’s management of this entire ‘review’. We need to know what process was undertaken by the hospital group to select the company to carry out this analysis of maternity services.Reilly told the Seanad on Wednesday that he was “aware that an issue has arisen” in relation to the matter.He said that the HSE Internal Audit Unit had undertaken a review and “established that the procurement of services was not in accordance with HSE National Financial Regulations”.Reilly added that the Director General has written to the Hospital Group Chairperson and the CEO to ensure there will be “no further breaches of procurement rules”.The West/North West Hospitals Group said it “cooperated fully” with the internal review and accepted its recommendations, namely that national financial regulations are complied with for all future expenditure and a register of members’ interests should be established and maintained at the hospital group to avoid conflicts of interest.Reilly said he was “satisfied that this operational matter is being dealt with appropriately by the HSE working with the CEO and the Group Board”.Read: Hospital staff warned not to reveal ‘maternity unit closure until after elections’, TD claimsRead: Death of another baby at Portlaoise being investigatedlast_img read more

Heres What Happened Today Thursday

first_img Get our daily news round up: Short URL By Sean Murray Share2 Tweet Email Here’s What Happened Today: Thursday A drone spotted at Dublin Airport, Metrolink woes and Jussie Smollett’s even greater woes – it’s the evening fix. 7,955 Views https://jrnl.ie/4506706 center_img NEED TO CATCH up? TheJournal.ie brings you a round-up of today’s news.IRELAND Pictured signs advising the public that Dublin Airport is a Drone Free Zone Source: Sam Boal/Rollingnews.ieGardaí are investigating after a drone sighting at Dublin Airport caused a 30-minute flight shutdown. The closure of the Luas Green Line to facilitate the Metrolink is “off the agenda”, according to Minister for Transport Shane Ross.The family of missing Icelandic man Jón Jónsson have arrived in Ireland to step up their search.Gardaí fear a return of Hutch/Kinahan violence after Patrick Hutch walked free from court yesterday morning.The Dáil was suspended twice today after TDs rowed over a fossil fuel bill.Gardaí arrested 29 people in a blitz on Cork-based thieves and drug dealers.The HSE said 38 people have died so far this flu season.A judge ordered video footage of a child being taken into care be seized over social media fears.Senior civil servant Robert Watt was accused of “playing games” with an Oireachtas Committee.Dublin’s Lord Mayor has defended flying through 120 kegs of Guinness in six months.A Moscow native was appointed to promote the Irish language in a south Kerry gaeltacht.INTERNATIONAL Chicago police Superintendent Eddie Johnson speaks about the details of the arrest and charges of Jussie Smollett at Chicago police headquarters Source: SIPA USA/PA Images#CHICAGO: Actor Jussie Smollett sent himself racist and homophobic hate mail before staging an attack on himself, police said.#ISLAMIC STATE: US President Donald Trump requested a block be put on a US-born woman who joined ISIS from returning to America.#CHARGED: British MP Christopher Davies was charged over alleged false expenses claims.PARTING SHOTA heartwarming story to round things off.101 days ago, the Ballejos family fled their home in Paradise, California, as a deadly wildfire ripped through the area.As they made their way out of the town, their dog Kingston jumped out of the back of their truck.And yet, after all this time, the family have been reunited with Kingston, an Akita.“When I found out, [it] just about brought me to tears,” Gabriel Ballejos told Associated Press after being reunited with his dog. “I’m so proud of him. I can’t believe it. He’s a true survivor.” Source: Ben Lepe via AP Feb 21st 2019, 9:01 PM No Comments Thursday 21 Feb 2019, 9:00 PM Tweet thisShare on FacebookEmail this articlelast_img read more

Trump promises tax cuts as Senate GOP paves way with budget

first_imgWASHINGTON  — President Donald Trump promised tax cuts Friday “which will be the biggest in the history of our country” following Senate passage of a $4 trillion budget that lays the groundwork for Republicans’ promised tax legislation.Republicans hope to push the first tax overhaul in three decades through Congress by year’s end, an ambitious goal that would fulfill multiple campaign promises but could run aground over any number of disputes. Failure could cost the GOP dearly in next year’s midterm elections.The budget plan, which passed on a near party-line vote late Thursday, includes rules that will allow Republicans to get tax legislation through the Senate without Democratic votes and without fear of a Democratic filibuster. Nonetheless, the GOP’s narrow 52-48 majority in the Senate will be difficult for leadership to navigate, as illustrated by the Republicans’ multiple failures to pass legislation repealing and replacing “Obamacare.”The final vote on the budget was 51-49 with deficit hawk Sen. Rand Paul of Kentucky the lone opposing GOP vote.Trump insisted over Twitter on Friday that Paul would be with him in the end on taxes, even though the senator has been critical of the tax package as it’s emerged thus far.Trump wrote, “The Budget passed late last night, 51 to 49. We got ZERO Democrat votes with only Rand Paul (he will vote for Tax Cuts) voting against……..This now allows for the passage of large scale Tax Cuts (and Reform), which will be the biggest in the history of our country!”last_img read more

Family California man died after consuming drink from hotel room minibar in

first_imgPUNTA CANA, Dominican Republic (WSVN) — The family of a California man claims their loved one died after consuming a drink from a mini bar at an all-inclusive resort in the Dominican Republic.Family members of 67-year-old Robert Bell Wallace told Fox News that Wallace became ill almost immediately after he had a scotch from the room’s minibar at the Hard Rock Hotel & Casino resort in Punta Cana.Wallace’s niece, Chloe Arnold, said her uncle had been in relatively good health and had been skiing in Lake Tahoe the month before.Arnold said her family has been concerned, especially with reports of three other deaths at a different resort in the hotel. The three other tourists died several weeks after Wallace.“He was fine,” Arnold said. “He and his wife arrived there at around midnight on April 10. On April 11, he had scotch from the minibar. He started feeling very sick. He had blood in his urine and stool right afterward.”Arnold said a hotel doctor checked Wallace out and ruled that he needed to be hospitalized. Arnold later died on April 14.Arnold said that authorities have not yet given the family a cause of death. The U.S. State Department released a statement to Fox News in response to questions about Wallace’s death. The statement read: “We can confirm the death of a U.S. citizen in April 2019 in the Dominican Republic. We offer our sincerest condolences to the family for their loss. Out of respect for the family during this difficult time, we do not have additional information to provide.”Early autopsy results for the other three tourists who died in the Dominican Republic are so far inconclusive.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

HighTech Workforce Represents Key Asset for Massachusetts Bases

first_imgMassachusetts officials are highlighting the state’s concentration of high-tech talent, including academic and industry resources, as the state promotes its six military installations ahead of a possible BRAC round.“As all of this stuff has gotten more and more technologically sophisticated over the course of this past decade or so, what we do here I think becomes even more important,” Gov. Charlie Baker (R) told WBUR following a trip to Washington, D.C., in July to meet with lawmakers and Pentagon officials.In an interview with WBUR last week following a visit to Hanscom Air Force Base, Air Force Secretary Deborah Lee James indicated her department values the state’s skilled workforce.“One of the key aspects, I think, which is unique, I’ll say, here in Massachusetts, is surrounding these four Air Force installations we just have a multitude of academic and other talent,” James said. In addition to Hanscom, the state’s other three Air Force installations are Joint Base Cape Cod (Otis Air National Guard Base), Westover Air Reserve Base and Barnes Air National Guard Base.The importance of a particular base extends to the assets of the surrounding community, she said. “It’s all about synergies; and when you can get multiple bangs for a single buck, that’s all the better for us,” James said.“I am very impressed with everything that I have seen so far in the state of Massachusetts,” James told the station.In a press release, MassDevelopment President and CEO Marty Jones noted that Hanscom isn’t the only Massachusetts base supported by a robust workforce and industry presence.    “The innovations at Hanscom and integration with both academia and businesses exemplify the kind of leading technology and highly-skilled workforce that we see at all six of the commonwealth’s bases,” Jones said. Dan Cohen AUTHORlast_img read more

Yukon River ready for breakup

first_imgIce fog on the Yukon River (Creative commons photo by Anthony DeLorenzo)Tonight’s upcoming winter snow storm for the Interior may slow down some river break-ups this month. But the Kuskokwim and Tanana Rivers have seen record early breakups this year, and it’s likely the Yukon will follow suit. A few factors are contributing to this spring’s early river breakups, but primarily its warmer than normal temperatures.“Throughout the state, the general trend has been a below average number of accumulated freezing degree days.” said National Weather Service Alaska Pacific River Forecast Center hydrologist Crane Johnson in a recently posted statewide breakup forecast video.Johnson says the warmth has had an obvious effect on river ice.“It’s not competent ice. It has no strength left to it,” National Weather Service hydrologist Karen Endres said.Endres says river ice thicknesses averaged about 75 percent of normal coming out of the winter. Combined with above normal spring temperatures, and generally below normal snow melt run off, early and uneventful mush outs are more the trend.”Not a lot of ice jams this year,” Endres said. “Much more of a thermal breakup.”Endres points to the Kuskokwim and Tanana Rivers, which both went out record early and largely uneventfully, but she’s cautious about predicting similar for the Yukon.”We are not, at this point, expecting records like we have had for the Nenana Ice Classic and a few other rivers that have gone out exceptionally early,” Endres said. “But we are expecting a fairly early breakup”“There’s no evidence of anything going on currently.” said longtime Eagle resident and National Weather Service observer John Borg.Borg reported Friday that the ice had yet to take on the darkened look it does before breaking up, but suspected it to transition fairly soon.“I’m rather certain that it’s gonna break up before the first of May, but it all depends on how warm it starts getting during the day,” Borg said.The earliest the Yukon River has gone out at Eagle is April 25th, and the median breakup date over the last 40 years is May 4th.last_img read more

Kapil Sharma Show Archana Puran Singh reveals where she gets her fabulous

first_imgInstagramWe might have missed the presence of Navjot Singh Sidhu from the Kapil Sharma Show, but Archana Puran Singh has definitely saved the show with her loud laughter and magnetic personality. Archana Puran Singh’s impeccable dressing style on the show often turns heads. And now, we finally know the secret of her style. In an Instagram video, Archana has revealed how and from where she gets those beautiful gowns, jewellery and sandals from.She took to Instagram and wrote, “New York Diaries Day 2: kitne log (of course mostly female) poochhte hain ki aap apne show ki dresses kahan se laati hain? So here’s a glimpse of where I shop for #tkss #mystylistmacys #newyorkshoppingspree My personal stylist Olena has kept these gowns and dresses aside …ek mahine pehle se woh ek ek karke mere liye dresses collect kar rahi thi so that I can just walk in and try them out… Not just dresses, she’s kept shoes, sandals, jewellery also picked out and ready. Sweet. And hard working. Efficient. Just the way I like my people to be. And how I also try to be. Always. #lovemywork #shoppingforworkclothes”Earlier, talking about how different she is from Navjot Singh Sidhu, Archana said in an interview with HT, “We are two very different individuals. He has earned a name for himself and so have I. Our personalities are very different and both of us are happy in our own space. It’s just a coincidence that I am here and he is not and it goes on like that in our industry.”In the same interview, Archana had also jokingly spoken up about her chemistry with the members of the show. Archana had said that though they respect her a lot, and keep apologising to her for making jokes on her, on stage, they totally forget all about it and cross all limits.last_img read more

Bus driver held again over Akifas death

first_imgAkifa. File PhotoThe driver of ‘Ganjeraj Paribahan’ bus was arrested on Wednesday after a Kushtia court cancelled his bail in a case filed over the death of a baby girl in a road accident in the district town on 28 August.Members of Rapid Action Battalion (RAB) arrested the bus driver Mahit Mia alias Khokon from Bangeswari area in Faridpur sadar upazila, said additional superintendent of police in Kushtia Muhaimenul Rashid, reports UNB.On Tuesday, senior judicial magistrate MM Morshed issued arrest warrants against the bus owner Joynal Abedin and driver Khokon following a petition filed by Kushtia model police station sub-inspector Sumon Quaderi, also the investigation officer of the case.Presenting evidences before the court in support of holding the bus owner and driver responsible for the incident, the IO prayed to it for cancelling their bail.Later, the court issued the arrest warrants cancelling their bail, granted by the magistrate on Monday.A RAB team arrested the bus owner Joynal Abedin from his house in Faridpur district town on Sunday.Besides, Khokon surrendered before the court on Monday morning.Akifa, a one-year-old daughter of one Harunur Rashid, sustained injuries after she fell from her mother Rina Akter’s lap when a bus of ‘Ganjeraj Paribahan’ hit her in Kushtia district town on 28 August.Later, the child died at Dhaka Medical College Hospital (DMCH) on 30 August.The victim’s father filed a case against bus driver Khokon, its owner Joynul and supervisor Yunus with Kushita model police station on the same day.The video footage of the incident went viral on social networking site, Facebook, sparking uproar across the country.last_img read more

On the field Kaepernick had the golden ticket and completely blew it

first_img Advertisement When the Chargers host the 49’ers tonight, all eyes will be on Colin Kaepernick and what he does during the national anthem. San Diego is a proud military town, and there’s a good chance it could devolve into a hostile environment.But, beyond the controversy surrounding what has become THE hot-button national issue, is the reality that Kaepernick could be playing for a roster spot tonight. A bad outing could convince the Niners that he has declined to such a point that his talent doesn’t justify enduring the controversy surrounding his weekly protests during the season.Once dubbed “the future of the quarterback position”, Kaepernick looks thin and weak, and hasn’t shown a hint of the flash took San Francisco within one play of a Super Bowl title against the Ravens in 2013. How did it come to this?Today in The Herd, Colin said that Kaepernick walked onto the perfect situation in San Francisco when he was drafted, and he completely blew it. “Colin Kaepernick was given the golden ticket. Name a quarterback that’s come into this league that got arguably the second best coach in the league, Jim Harbaugh. The best offensive mind, Greg Roman, as a coordinator. A top running back, the top tight end, an unbelievable defense. A staff so good, they got Alex Smith an overtime special teams fumble away from a Super Bowl.”The fourth preseason game is seen around the league as irrelevant, but if Kaepernick plays poorly, he may find himself sitting on his couch during the national anthem, not an an NFL team bench.Colin Kaepernick was given a golden ticket with the 49ers and completely blew it. #HerdHere pic.twitter.com/6n0SWqNYuY— Herd w/Colin Cowherd (@TheHerd) September 1, 2016last_img read more

Firefox Send gets password protection upgrade

first_imgFirefox Send gets password protection upgrade by Martin Brinkmann on November 15, 2017 in Internet – 10 commentsUsers of Mozilla Firefox’s Send file sharing service and Firefox experiment may protect files with passwords in the latest iteration of the service.The organization launched Firefox Send back in July of 2011 as one of three new Test Pilot experiments (the other two were Voice and Fill Notes).What made Send special was the fact that it could be used without participation in the Test Pilot program. Anyone, Firefox users and users who use other web browsers, could open the Firefox Send website to send files to others.Send works like any other file sharing service on the Internet. Drop files on the service’s website to upload them to the service. It has a an upper limit of 1 Gigabyte per file, but no other restriction that I’m aware of (file types for instance).Send creates a unique URL that you can copy to the Clipboard after the upload finishes. While the URL is unique, it is publicly accessible which means in theory that it is possible to brute force the service to download files that other users of the service have uploaded.The new version of Send puts an end to this, at least for users who enable the optional password protection option.The option is displayed after the file is uploaded to Send. You need to check the “Require a password to download this file” box on that page to enable it. Send displays a password field when you do. Type the desired password and select the “add password” button afterwards to apply it.This password protects the file. Users who open the share link in a browser are prompted for the password when they do. There is no option to download the file anywhere unless the password is entered correctly.The download link is displayed once you enter the password and hit the unlock button, provided that it is the correct one to decrypt the file.All other parameters of Firefox Send remain the same: file download links expire after 24 hours, and uploaders may delete the file at any time.Closing WordsPassword protection improves the security of files uploaded to Firefox Send. While adding passwords adds another bit of information to the sharing process, as you need to share the download link and the password, it protects files from being stumbled upon by accident (as unlikely as this is).SummaryArticle NameFirefox Send gets password protection upgradeDescriptionUsers of Mozilla Firefox’s Send file sharing service and Firefox experiment may protect files with passwords in the latest iteration of the service.Author Martin BrinkmannPublisher Ghacks Technology NewsLogo Advertisementlast_img read more