Greek crisis: European markets dip ahead of meeting between Alexis Tsipras and Angela Merkel

first_img Emma Haslett Share whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 whatsapp Greek crisis: European markets dip ahead of meeting between Alexis Tsipras and Angela Merkel Tags: Angela Merkel Greek debt crisis People Monday 23 March 2015 5:51 am Germany’s Dax lead European markets down, falling 0.93 per cent as Chancellor Angela Merkel prepared to thrash out a deal with Greek Prime Minister Alexis Tsipras this afternoon.France’s Cac 40 fell 0.56 per cent, while the FTSE 100 – which on Friday hit 7,000 points for the first time – fell back 0.27 per cent. The euro edged closer to parity with the dollar, with the US currency rising 0.19 per cent so one euro is now $0.9260.  Last weekend Tsipras wrote to Merkel warning it will be “impossible” for Greece to pay its debts without help from the EU. Merkel has come under pressure from her colleagues to take a tough line on Greece’s austerity plans, while EU neighbours – including Spain – have made clear that reforms previously agreed should be carried out. Tsipras, whose left-wing Syriza party was elected in January, has repeatedly refused to extend measures agreed by the previous government and its lenders. He was controversially quoted saying: “Forget the commitment of the previous government.”Volker Kauder, the parliamentary leader of Merkel’s CDU party, told German newspaper Handelsblatt on Sunday that “we are not thinking of any other programme”.The growing rift between the two sides increases the chances of a so-called Grexit, although Merkel told the German Reichstag last week that “if the euro fails, then Europe fails”, suggesting she is keen to avoid any Greek exit from the euro. To add to pressure on Merkel, Tsipras has brought forward a meeting with Vladimir Putin, suggesting he could turn to Russia if Europe isn’t forthcoming with the money Greece needs to service its €172bn bailout loans.  Show Comments ▼last_img read more

Bond buying, risks to growth and Grexit threat: Seven key takes from the European Central Bank’s July minutes

first_img whatsapp The European Central Bank (ECB) has released the minutes from the meeting of its governing council which took place on Wednesday and Thursday this week.Here are seven key extracts: Read more: ECB “on track” to complete €1 trillion QE programme1. Bond buying is becoming more difficultPortfolio managers had reported that purchases of eligible covered bonds were becoming more challenging. Several factors had contributed to this situation.First, euro area covered bond supply had slowed since the end of May and had remained quite low compared with previous years. Second, the period of volatility had reinforced the status of covered bonds as a safe-haven instrument, which was also consistent with their favourable regulatory treatment, including the no bail-in treatment under the bank recovery and resolution directive.Covered bonds had thus benefitted from the flight to quality and this had possibly deterred some investors from reducing their covered bond positions in favour of other assets with better relative value.2. Balance of risks to growth remain to the downsideThe balance of risks to the economic outlook for the euro area was seen to remain on the downside.The outlook for net exports, while benefiting from lower energy prices and improved price competitiveness, remained subject to downside risks related to a possible reversal of recent energy price and exchange rate developments, as well as lower than expected global trade growth.In particular, financial developments in China could have a larger than expected adverse impact, given this country’s prominent role in global trade.This risk could be compounded by negative knock-on effects from interest rate increases in the United States on growth in EMEs.3. Grexit risk appears to be containedRisks stemming from developments related to Greece and the ongoing negotiations with its creditors appeared to be generally contained. It was also felt that recently improved prospects for the negotiations of a third financial programme for Greece could be expected to contribute to a firming of confidence across the euro area,” the minutes said. Nevertheless, setbacks in those negotiations could still negatively affect confidence and activity, and some caution was expressed regarding potential contagion risks in particularly adverse scenarios, which should not be underestimated.4. Focus is shifting to China and the United StatesFinally, with regard to developments in international markets, following the agreement on Greece on 13 July the focus had seemed to be shifting towards China and the United States.5. Inflation will remain low, rising later in the yearThe outlook for price developments had not changed materially since the previous monetary policy meeting in early June, with inflation remaining low but expected to rise later in the year, broadly in line with earlier expectations and with the June Eurosystem staff projection.6. Bank lending continues to recoverMoney and credit dynamics had continued to recover, with credit growth gradually improving further, although it remained subdued overall. Recent data had confirmed robust growth in broad money (M3), which continued to be strongly supported by a further pick-up in the narrow monetary aggregate M1,” the minutes said.An encouraging signal was seen to come from the continued normalisation in loan dynamics and visible improvements in credit conditions. While recovering only gradually, the annual rate of change in loans to [non-financial corporations] had turned positive for the first time since mid-2012, continuing its upward trend from the trough of -3.2 per cent in February 2014.Similarly, growth in bank lending to households had recovered further.7. Markets should stay vigilantMoreover, while recent market volatility had not materially changed the assessment of the economic outlook, continued elevated uncertainty called for alertness and a readiness to respond, if necessary.Therefore, it appeared warranted to continue to closely monitor the situation in financial markets, with a view to potential implications for the monetary policy stance and for the outlook for price stability. Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirrorzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Bond buying, risks to growth and Grexit threat: Seven key takes from the European Central Bank’s July minutes Share Tags: NULL Jessica Morris Thursday 13 August 2015 2:48 pmlast_img read more

Halfords shares in a spin after poor cycle sales

first_img Show Comments ▼ More From Our Partners Texas governor said he plans to strip the Legislature’s Share Thursday 3 September 2015 5:03 am SHARES in bikes-to-car parts retailer Halfords took a downhill course yesterday after this summer’s wet weather hit cycling sales in the second quarter.Group like-for-like sales dropped 1.3 per cent in the eight weeks to the end of August – with cycling recording a sharp fall of 11 per cent. The company blamed the poor results on greater levels of discounting this summer and bad weather, which it said “deterred casual cyclists” from making purchases.Cycling has been a key part of Halford’s turnaround over the last three years as Britain’s success at events such as the Olympics and Tour de France helped boost the popularity of the sport. The company capitalised on this boom by buying Olympic champion Chris Boardman’s eponymous bike business and resurrecting its Cycle Republic chain, five years after the last store closed its doors. It has also revamped its stores with larger cycle areas selling clothing and accessories.Chief executive Jill McDonald, who joined Halfords in May from McDonald’s, said the cycling business would be boosted by a planned revamp of children’s bikes and accessories.“This recent weakness in our cycling sales is disappointing, but it comes after two years of very strong growth in the category and has been partly offset by strong growth in both Car maintenance and car Enhancement sales,” she said. Shares fell 8.8 per cent to 465p, despite the firm insisting it remained on track to meet full-year profit goals. whatsapp whatsappcenter_img Express KCS Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoGameday NewsNASCAR Drivers Salaries Finally ReleasedGameday NewsUndoMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom NationUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndo Halfords shares in a spin after poor cycle sales Tags: NULLlast_img read more

Tyrell goal key as Camross hold off Park-Ratheniska/Timahoe in IHC

first_img RELATED ARTICLESMORE FROM AUTHOR Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ WhatsApp Facebook Home Sport GAA Tyrell goal key as Camross hold off Park-Ratheniska/Timahoe in IHC SportGAAHurling Tyrell goal key as Camross hold off Park-Ratheniska/Timahoe in IHC Ten Laois based players named on Leinster rugby U-18 girls squad Brought to you in association with Coolrain ConcreteCamross 1-10 Park-Ratheniska/Timahoe 0-11Laois Shopping Centre IHC Round 1After a disappointing result for their senior team on Friday night, Camross got back to winning ways this evening when their intermediates got the better of new kids on the block Park-Ratheniska/Timahoe in Mountrath.A Robert Tyrell goal early in the second half was the crucial score as Camross recorded their second win over Park-Timahoe in recent weeks having also won the recent Division 4 league final.The sides were level 0-5 each the break, Paschal Foyle hitting three points for Park-Timahoe in that opening half. Robbie Foyle and Darragh Nolan added one each.Camross’s first-half points came from five different scorers – Michael Doran, Darren Drennan, Liam Delaney, Kevin Lalor and Patrick Burke.Tyrell’s early goal after the restart made all the difference. Darragh Nolan, Robbie and Paschal Foyle and Michael Brennan all pointed for Park, but Camross stayed out in front with Darren Drennan adding two more, including one sweet sideline cut and Daniel Delaney and Liam Delaney also on the mark, Camross held on.SCORERS – Camross: Darren Drennan 0-3, Robert Tyrell 1-0, Daniel Delaney and Liam Delaney 0-2 each, Patrick Burke, Kevin Lalor and Michael Doran 0-1 each. Park-Ratheniska/Timahoe: Darragh Nolan and Paschal Foyle 0-4 each, Robbie Foyle 0-2 and Michael Brennan 0-1CAMROSS: Thomas Dunphy; Colin Palmer, Daniel Breen, Craig Delaney; Robert Tyrell, Eoin Dowling, Mark Conroy; Liam Delaney, Thomas Brickley; Darren Drennan, James O’Keeffe, Patrick Burke; Michael Doran, Kevin Lalor, Daniel Delaney.PARK-RATHENISKA/TIMAHOE: John Langton; Liam McEvoy, Gavin Tynan, Brendan Greene; Mark Delaney, Joe Foyle, Jimmy Langton; Michael Brennan, Brendan Fingleton; Conor Brennan, Darragh Nolan, Damien O’Connor; Robbie Foyle, Paschal Foyle, Sean TynanSEE ALSO – Slieve Bloom see off Clonad in opening round of Laois IHC Twitter Facebook Twitter Previous articleRowney points the way as Clonaslee get off to winning waysNext articleAll of Saturday evening’s Laois GAA results Aedín DunneAedín graduated from University of Limerick with a degree in Journalism and New Media. She is a proud Townie with a passion for all things sports and doesn’t like to speak about the 2016 blip in Portlaoise’s bid to 10-in-a-row. Pinterest Community By Aedín Dunne – 21st July 2018 Pinterest TAGSCamrossCamross v Park-Ratheniska/TimahoeLaois IHC 2018Park-Ratheniska-Timahoe Rugby WhatsApp Five Laois monuments to receive almost €200,000 in government funding Community last_img read more

Patrick Ryan: Laois native and Firehouse Bakery on the rise

first_img News Laois native Patrick Ryan is owner of Firehouse Bakery and bread school based in Wicklow.Having initially set up a bread school on Heir Island in West Cork with his wife on their return to Ireland some eight years ago, they are now about to open a second cafe in Wicklow as well as setting up a new bread school there to cater for all bread enthusiasts.Patrick, his wife Laura, Firehouse Bakery and their latest creation – little James – are going from strength to strength. WhatsApp By Emily Miller – 22nd June 2020 Home We Are Laois Patrick Ryan: Laois native and Firehouse Bakery on the rise We Are Laois Electric Picnic Electric Picnic organisers release statement following confirmation of new festival date Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role We got in touch recently to hear their story.First things first … your Laois roots! Tell us a little about your background, where you grew up, family, school etc. Pinterest Twitter WhatsApp Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Electric Picnic Facebook Previous articleTalking Music: Nova’s Fionn Marum on Christy Dignan, new single and Electric Picnic dreamsNext articleMixed views among Fine Gael’s elected representatives in Laois on Government formation Emily Miller RELATED ARTICLESMORE FROM AUTHOR Well I’m be the youngest of five and worn and raised in Castletown.My mum is from Wicklow which is kind of ironic in that I find myself back in Wicklow now and about to open a new café in her hometown.I went to primary school initially in Borris-in-Ossory before the last few years in Castletown.From there I ended up boarding in Roscrea at Cistercian College and then onto Galway. I have always been on the go really as I was just turned 12 when I started in Roscrea.Where are you and your businesses based now?The Firehouse Bakery originally began on Heir Island in west Cork.It’s kind of random for a boy from Laois to find himself on a West Cork island but Heir island would be home to my wife Laura’s parents.We were living in the UK for several years and moved back to West Cork eight years ago.The original idea was just to teach bread courses for a summer but from that has grown what we have today.We have a bakery and café in Delgany Wicklow, we are about to open a second café in Wicklow town.We have also developed a wholesale bakery which would supply café, restaurants and shops throughout Wicklow and Dublin and on top of that we are about to open a new bakery school which will allow us to teach courses from our bakery in Wicklow, in fact we were just about to release course dates prior to Covid 19 but as soon as things settle that will be next on the agendaAny designs on opening in Laois in the future?Not right now as we are concentrating on what we have going in Wicklow, but you never know, there is a place for Firehouse Bakery in every major town.To be fair who doesn’t love real bread.So, after an initial dalliance with corporate law, you took a complete change of direction towards the food industry … were those close to you shocked or had you always an interest in food and professional cookery?It was a slight career change alright but certainly one I don’t regret.It kind of came about after spending a summer on the Greek islands and having got a job in a kitchen which I loved so following that I swapped law books for chef knives.What sparked your interest in the food industry? Would you have been one to dabble in the kitchen growing up?Yeah, I suppose I did.You would usually find me under my mum’s feet annoying her in the kitchen but that may also have been just a way of dodging the hard work to be done outside!How did training under the Michelin starred chef Kevin Thornton come about?It was through a contact in college in Galway that made the introduction and opened the door for me.The day I did my trial was actually the day they found out they had lost the 2nd Michelin star to become a 1 star.Let’s just say that was a fun day.But to be fair it was an amazing experience and it definitely laid the foundation upon which I base myself today.Roger Kenny Company Portrait Photographer www.rogerkenny.ieUpon completion of your training you travelled for a while including to Australia and came back to settle in the UK initially, namely Bath. Why there?It actually came about from a trip to Fiji one of the guys that I met Duncan had the idea of setting up a bakery but he was a web designer and asked me if I would be interested in coming over to Bath to help out and the rest is history I guess.This led to you featuring on the BBC2 programme “The Big Bread Experiment” – what was that experience like?Yeah it was a fun experience, always a bit daunting the first time being on camera, but it was an amazing experience which gave us great exposure.I like to think since then I have become a little more comfortable on camera.Having a look at your menus on your website almost had us jumping in the car to Wicklow (only for the slight issue of Covid 19 restrictions!). Do you have a process for coming up with new menu options?I am just into food that tastes good.I hate pretentiousness and just want to make good, tasty comforting food, be that a loaf of bread, a pizza, a sandwich whatever.And possibly have worked with the likes of Kevin Thornton that comes through in that you give respect to every ingredient that you use.And no matter what it is try make it the best it can be.You’re also a published author of Bread Revolution which you co-wrote with Duncan Glendinning. Have you any plans for another book?It would always be nice to do a second book.I certainly think my baking style has evolved since writing Bread Revolution.But also the entire landscape of publishing has changed since then.So much more can be done online now giving you a far greater reach so I would be doing a lot through YouTube and Instagram these days in terms of recipes and helping people get into baking.One YouTube video which I have done with I love cooking is about to hit 10 million views which is just crazy to think.(I) recently hosted an online baking class through Zoom and we had people from Australia to New York and Jakarta to South Africa signed up.When you have the time, what’s your favourite thing to cook for yourself?Oh, that’s a hard one, so much depends on what mood I am in.But I love to cook for friends. Getting the BBQ going having a few beers.As the saying goes – “Behind every great man….” You run The Firehouse Bakery alongside your wife Laura … are you a match made in bakery heaven?!Yeah Laura is my rock. I am sure I drive her crazy with all my hair brained ideas, but she is always there for me and always has my back.You also have a little one – James. How’re you finding the work/life/family balance?James has certainly been a game changer; he is definitely the boss in our life now.Work life balance would be important to me, it took me a little time to appreciate it and achieve it but something that is so important for anyone setting out in their own business but also something I need to create more of.I am not really one to sit still but I am getting there.Who are the people you admire in your industry?There is so much talent and amazing people in our industry right now. I consider myself very looking to be a part of it.From a baking point of view, I would have huge respect for Joe Fitzmaurice of Riot Rye in Clough Jordan and Thibault from Tartine in Dublin.Do you teach the courses at the bread school? Is teaching something that came easily to you?Yeah, I would teach all the courses. It is definitely something I enjoy.Recently I have started doing online courses which kind of came about because of Covid so that has been great to develop and something I hope to do more of.Yeah, I guess I have always been pretty comfortable teaching. When I am baking, I am in my comfort zone so getting up and talking to people when it relates to bread isn’t usually too much of a problem.Getting me to shut up can be more of a challenge.What’s your favourite way to unwind?Friends, family, few beers. Still play a bit of rugby so that is always a great way to switch off.What does the future look like for The Firehouse Bakery?It is going to be interesting. The last few months has certainly changed what lies ahead but in a good way.I am excited for what is to come.SEE ALSO: Pamper The Camper: The festival industry, impact of covid-19, pushing through and making memories Twitter Pinterest TAGSBorris-in-OssoryCastletownFirehouse BakeryPatrick Ryan Facebook Patrick Ryan: Laois native and Firehouse Bakery on the riselast_img read more

From devastation to elation – how repeating the Leaving Cert changed a Laois teenager’s life

first_img Electric Picnic From devastation to elation – how repeating the Leaving Cert changed a Laois teenager’s life Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival WhatsApp Twitter Pinterest News Electric Picnic organisers release statement following confirmation of new festival date Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Facebook Twitter Home News From devastation to elation – how repeating the Leaving Cert changed a… News WhatsApp Previous articleTalking Sport Podcast: O’Moore’s triumph again, cup glory for Towerhill and hurling championships take shapeNext articleGovernment announce details of new ‘five level’ plan to live with Covid-19 Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. RELATED ARTICLESMORE FROM AUTHOR TAGSLeaving CertPortlaoise CBSRian O’Connell By Alan Hartnett – 15th September 2020 Facebook Rian O’Connell 12 months ago, Rian O’Connell was devastated. The Portlaoise teenager had completed his Leaving Cert and when the CAO offers came out, he realised he was one point short of getting his course.It was agonising to fall so short and the situation remained unchanged after a number of his papers were examined again.The then 18-year-old was faced with the prospect of going on to Third Level and studying his second choice course – which he felt wasn’t really for him – or repeating the Leaving Cert again.Speaking to LaoisToday, O’Connell, who attended Portlaoise CBS, explained how he chose the latter.And now, 12 months later, he is preparing to head to college to do a far more specialised and suitable course than the one he had previously planned to do.He said: “I wanted to study Biomedical Science in NUIG and I missed out on that by one point.“When the results came out, I thought I had enough points and I was happy. Then the CAO offers came out and I was absolutely devastated.“I got offered a course that my heart wasn’t in. And because I was so close, just one point, I thought maybe I would get offered the course that I wanted in the second or third rounds but that didn’t happen.“I had two scripts remarked twice and while the percentages changed, it wasn’t enough for me to go up a grade and get the extra points that I needed.“While I was waiting on the second and third rounds of the CAO, I was also gearing myself up to go back to school and have another go at the Leaving Cert.“I spoke to one of the guidance councillors in the school, Ms Caroline Brennan, about going back to the CBS. My parents had told me I could go to one of the repeat schools in Dublin or Newbridge if I wanted to.“But I knew how good all of the teachers are in the CBS and I knew that they would be able to get me over the line.”So Rian headed back to Sixth Year – an experience that he describes as strange at first.But after getting to grips with that, and a new English syllabus that included five new poets and swapping Macbeth for Hamlet, he got on well.Rian said: “It was strange at first. I knew some of the lads in that year from sport but it is a different thing coming into the school and not having your close friends there to have the craic with.“But all of the teachers were absolutely amazing to me. I had a lot of dealings with Deputy Principal Mr Brian Thompson and he was so accommodating.“And in fairness, the lads in the year were A1 with me too. They were all half laughing at me saying ‘what are you doing back here again’. But it was all in good humour and the experience was good.”Thomás Dunne and Rian O’Connell with English teacher Deirdre Carroll. Both received H1s in the subjectAt the same time, Rian now had more time to properly examine what he wanted to do with the rest of his life.Repeating the Leaving Cert gave him the opportunity to look again – and he went on to make a big change.He said: “Biomedical Health and Life Sciences in UCD was a course that I had my eye on throughout the year and that is actually what I have ended up accepting.“At the start of the year, I was set on repeating to get my original course but I met with the guidance councillor Ms Caroline Brennan and we started looking at all of the biomedical courses more indepthly.“When we came upon the UCD course and compared it to the NUIG course, I realised that I want to do a post grad in neuroscience and that the UCD course has a lot of that while there is next to none of it in NUIG.Rian O’Connell“So I decided then that this was more suited to where I want to go in my career afterwards.“The first time I did the Leaving Cert, I saw the course in NUIG and I decided that was my goal and I was not going to be waivered in any way.“But then when I had to take a step back on my whole life and had another look – it was the best decision that I ever made.”Right now, there are plenty of students around Laois and the country that are faced with the same scenario that Rian found himself in last year.They have missed out on the course that they wanted and are being offered one of the lower choices on their CAO list.Rian O’ConnellAccording to O’Connell, talking to your teachers about what you should do next is the most important thing you can do.He said: “Repeating was certainly a good thing for me and it is even a better option for some of this year’s class if they want.“If they aren’t happy with any of their predicted grades, they can knuckle down for the next two months and sit the exam in November“It is a great option and I certainly would have loved it if it was around last year.“Talk to your teachers. I spoke to almost all of my teachers after I missed out and they helped me. They believed in me and they knew I could get there if I repeated.”Thomás Dunne, Brian Thompson (Deputy Principal), Jordan Ikpomwen, Maura Murphy (Principal), Rian O’Connell and Cyrill Mulligan (Deputy Principal) of St Mary’s CBS PortlaoiseSEE ALSO – Coronavirus: 208 cases with less than five in Laois as self isolation period reduced to ten days Electric Picnic Pinterestlast_img read more

Sun Life won’t confirm reports of joint venture purchase of Malaysian insurer

Facebook LinkedIn Twitter Sun Life Financial (TSX:SLF) won’t confirm reports that it plans to partner with the Malaysian government’s investment agency to buy the CIMB Aviva insurance business for $550 million. Media reports say Sun Life plans to expand its Asian footprint by acquiring Aviva’s 49% stake in the Malaysian operation while state investor Khazanah Nasional Berhad would buy CIMB’s majority stake. Sun Life Financial buying Pinnacle Care International Related news Canadian Press An eight-month auction process reportedly attracted interest from Manulife Financial Corp. (TS:MFC) — a Canadian rival of Sun Life — as well as U.S. insurance company Prudential and AIA Group. Sun Life also has joint ventures with CIMB elsewhere in Asia. Southeast Asia is attracting insurance companies around the world because of the high economic growth, elevated savings rate and young populations. Aviva is exiting marginal markets around the world and sold its U.S. business last month for US$1.8 billion. Share this article and your comments with peers on social media Manulife Canada CEO sees Apple and Netflix as competitors as insurance evolves Manulife, Sun Life report modest impact from Hong Kong turmoil Keywords Life insurance industry,  AsiaCompanies Sun Life Financial Inc. read more


first_imgADDRESS BY THE MOST HON. PORTIA SIMPSON MILLER, PRIME MINISTER OF JAMAICA TO THE 25TH ANNUAL JAMAICA BENEFIT GALA OF THE AMERICAN FRIENDS OF JAMAICA UncategorizedOctober 19, 2006 RelatedADDRESS BY THE MOST HON. PORTIA SIMPSON MILLER, PRIME MINISTER OF JAMAICA TO THE 25TH ANNUAL JAMAICA BENEFIT GALA OF THE AMERICAN FRIENDS OF JAMAICA FacebookTwitterWhatsAppEmail I greet you with warmth from the ‘One Love’ country. It has been said that true friendship inspires strong emotions and high expectations, regardless of cultural differences or where we happen to find ourselves in time and space. For those who may have been disappointed in friendships, there may be understandable cynicism. It was one of Shakespeare’s young lovers who warned that “Friendship is constant in all other things. Save in the office and affairs of love.” A somewhat more powerful bit of advice comes from another of Shakespeare’s characters, who wisely instructs his son: “The friends thou hast, and their adoption tried, Grapple them to thy soul with hoops of steel.” Ladies and gentlemen, I know tonight, I am among true friends. For twenty-five years, your organization – the American Friends of Jamaica, AFJ, has been tried and true in the constancy of its friendship with our beautiful island. It is as though once infected by its beauty, the charm of Jamaica and Jamaicans cannot leave you! Indeed, I would want to characterize your friendship as ‘a lasting love affair with Jamaica’. For a quarter of a century, you have consistently expanded your programmes of involvement and support; reaching out in areas such as healthcare, in education, in human and economic development assistance. The long list of grantees of the AFJ and the substantial funds raised and disbursed over this period firmly positions you as a leading philanthropic organization and one dedicated to the cause of meaningfully helping the people of our island. Your friendship, like true friendship, is about much more than money. It is about more than some hand-out and making a donation of one kind or other. It involves personal interest, contact, commitment, and oftentimes, sacrifice. Tried and true friendship involves a unity of purpose and a coming together of heart and soul. That, ladies and gentlemen is what characterizes the nature of the relationship and the friendship so many individuals and institutions in Jamaica enjoy with the American Friends of Jamaica.And, it is for this reason that I had to make the special effort to be with you tonight. On behalf of the Government and people of Jamaica, I wish to publicly thank the AFJ for its well-placed humanitarian investments in our people. It is no secret, that, like you, I too share a passion and an impatience for quantum improvement in the lives of those of our people who have had too little for too long. We share a belief in aggressively pursuing strategies that protect the most vulnerable in our society and empower the marginalized. While the government plays its part, organisations like the American Friends of Jamaica are also important in the process as you do not seek to be simply associated with mere “handouts”, helpful though that may be. Such an approach at best only serves to perpetuate that culture of dependency from which people need to pull themselves, if real transformation is to take place. Today’s enlightened philanthropy and which is clearly along the lines pursued by the AFJ seeks to be transformational. It seeks to make a real difference in the lives of the people with whom you come in contact. Ladies and gentlemen, there is much to the on-going debate about the respective roles of Government, civil society, and Non-Governmental Organizations in forging mutually beneficial partnerships which can maximize the benefits from national and international philanthropy. In Jamaica, our strong tradition of self-help, self-reliance, volunteerism and caring, so evident at the grass roots level, have fostered the survival of many, while providing for an abundant display of creative energy, even in the midst of poverty and deprivation.Not many people understand it. But it is remarkable at times to see those with the least in the society being among the first to offer assistance and care from the very little that they have. Sadly though, we seem to be losing some of our old-fashioned, traditional values of giving and caring. There is a real fear that as we seek to carve out a viable space for our young nation in this rapidly changing world, and in the face of rapid urbanization, unemployment, crime and other challenges, we could see even further erosion of these traditional values. Government’s welfare efforts and the contribution of transformational philanthropy must work in partnership to bring about the development of our people while guarding against the dependency syndrome. However, in the new world of globalization and the general lessening of State influence, there are many areas formerly viewed as Government’s responsibility which will increasingly have to look to partnership with corporate and non-governmental organizations.This in order, not just to meet immediate needs, but move toward positioning our people and our economy for sustainable growth and human development. It is what I have referred to elsewhere as ‘balancing the books and balancing people’s lives.’Jamaica now finds itself ranked among middle income countries based on the Human Development Index. While on the one hand, that is encouraging news; on the other, it means we no longer qualify for certain types of Official Development Assistance. Official development assistance to Jamaica has declined from XXXXXXXXXXXXXXXXX in XXXXX to XXXXX At the same time, there is increasing competition globally for available development resources.Given such an environment, now more than ever, Government must recognize that it is critical to maintain a clear policy on funding practices, and provide the mechanisms and climate to facilitate a “culture of transformational philanthropy.” There must be common values, shared principles and agreed outcomes between all the stakeholders. Regulation, while not restrictive and bureaucratic, must firmly address issues of accountability. The transparency and trust engendered must serve to galvanize individuals, corporate entities and NGO’s at home and abroad into appreciating more readily, the real value of philanthropic investment in social projects, organizations and community building. This emerging appreciation of the new parameters in philanthropy is already being demonstrated in a number of ways in our country. A Centre for Caribbean Philanthropy, an outgrowth of the University of the West Indies Development and Endowment Fund has been established. The Centre has hosted two conferences on Caribbean philanthropy, and the discourse in this important area promises to more fully engage partners from Government, faith based organizations, the non-profit and corporate communities. The UWI Development and Endowment Fund is also focusing on “Diasporic Giving and the Future of Philanthropy” as one of its areas of study. Another dimension relates to other mechanisms for persons interested in Jamaica to meaningfully contribute to its growth and development. Currently, much of this is being done through remittances. In recent years, the growth in financial transfers to the island from the Jamaican Diaspora in the USA, Canada and the United Kingdom has been truly phenomenal. From US$164.2 million in 1990, remittances last year stood at US$1.87 billion, surpassing gross earnings from tourism and the bauxite alumina sector at US$1.55 billion and US$1 billion respectively. Last year, remittances from the Jamaican Diaspora in the USA alone were $990.6 million. Recognizing the tremendous economic and political importance of the diaspora to the country, innovative mechanism must be found to develop a more structured and organized approach to deepening the effectiveness of such contributions and indeed, the relationship with our overseas communities. The government had already spearheaded the staging of two highly successful Diaspora Conferences in June 2004 and June 2006. Out of these have come several important proposals such as the establishment of overseas trade councils, lobby groups on issues affecting Jamaica, and the establishment of a Jamaica Diaspora Foundation. It is hoped that our efforts will help to take the already strong relationship with the Jamaican overseas community to higher levels, not only in terms of welfare, and the sending home of money to relatives, but also in terms of direct foreign investment flowing from this group. In fact, feasibility work is now underway in floating a Diaspora Bond which will serve as a specific investment instrument into which Jamaicans and friends of Jamaica in the Diaspora can make a meaningful contribution to national development. I note with great pleasure and interest, the dovetailing of some of the most recent initiatives of the American Friends of Jamaica with areas of focus by both the UWI Development and Endowment Fund and the Government. In this regard, I wish to commend the AFJ on its recent launch of the American Friends of Jamaica Diaspora Giving Programme. It presents another avenue by which members of the Jamaican Diaspora in the United States can formalize charitable donations to Jamaican organizations. This is a welcome development and I invite members of this group to maintain close contact with the Jamaican Ministry of Foreign Affairs and Foreign Trade in respect of information flowing from our Diaspora Conferences that can facilitate your own commendable work in the area of Diaspora giving. Truly, ladies and gentlemen, there are new paradigms of philanthropy. No longer it simply ‘handouts’, but a vehicle for social development, empowerment and advancement. The extent to which the work of the American Friends of Jamaica reflects this new thinking was powerfully demonstrated early this year when the AFJ joined with former Ambassador to Jamaica and Florida Secretary of State, Sue Cobb in launching the AFJ-Cobb Family Lecture series. In providing this public forum for an outstanding researcher from the University of the West Indies to present research findings on areas critical to Jamaica’s future, Ambassador Cobb has thrown out a strong challenge to our young people, and one which I know will be responded to great interest by our bright minds at the University. Hard and constant debate of social, political and economic ideas and ideals will inspire a vision of what can be achieved for our country in the dramatically changing regional and global environment. This dynamic approach to development and philanthropy by an organization such as the American Friends of Jamaica, augers very well indeed for our island. Ladies and gentlemen, I would also like to join in expressing my delight in the choice by the AFJ of Mr. Chris Blackwell as tonight’s recipient of the International Humanitarian Award. Mr. Blackwell is truly a product of the extraordinary melding of cultures, talent and inspiration that has forged our people over 500 years of history. Brother Chris has been described as the “single person most responsible for turning the world on to reggae music.” His forays into film and tourism have similarly contributed to globalizing the exceptional culture of our small island. Today, he continues to be a leader in the movement toward reinvestment in Jamaica by our entertainers, cultural and other entrepreneurs at home, and dispersed across the world. We join the AFJ in saluting him and all those who by blood, adoption or friendship are so much a part of the past, present and future development of our beloved and beautiful island of Jamaica. And so, ‘One Love’ to true friendship. ‘One Heart’ to the bonds between the American Friends of Jamaica and Jamaica.‘Let’s get together’ and not only feel alright, but go from strength to strength in the service of Jamaica, land we so truly and dearly love. I thank you RelatedADDRESS BY THE MOST HON. PORTIA SIMPSON MILLER, PRIME MINISTER OF JAMAICA TO THE 25TH ANNUAL JAMAICA BENEFIT GALA OF THE AMERICAN FRIENDS OF JAMAICAcenter_img RelatedADDRESS BY THE MOST HON. PORTIA SIMPSON MILLER, PRIME MINISTER OF JAMAICA TO THE 25TH ANNUAL JAMAICA BENEFIT GALA OF THE AMERICAN FRIENDS OF JAMAICA Advertisementslast_img read more

House Approves Civil Service Establishment Order Resolution

first_imgRelatedHouse Approves Civil Service Establishment Order Resolution RelatedHouse Approves Civil Service Establishment Order Resolution FacebookTwitterWhatsAppEmail The Civil Service Establishment (General) Order Resolution 2006 was approved by the House of Representatives, yesterday (January 30).Deputy Leader of Government Business in the House and Minister of State in the Ministry of Finance and Planning, Fitz Jackson explained that, “the resolution seeks to amend the existing Civil Service Order of 2005 which, under the Civil Service Act, the government is required to table changes made in the civil service establishment annually”.“The Order is in three parts. Part one sets out the salaries and allowances existing in the service. Part two sets out the established posts and part three sets out the abolished posts in the civil service,” informed Mr. Jackson.He pointed out that in respect of part one, there have been 72 classification groups. “In part two, it sets out changes in the posts in the Ministries and in that regard, 74 posts were created, 79 posts were reclassified, 38 posts were upgraded and 41 posts were re-titled,” Mr. Jackson said.The Minister also informed the House that in respect of part three of the Order, 31 posts were abolished from the establishment of several Ministries.“These changes in all three sections of the Order will result in a reduction of the civil service complement from 40,844 to 40,502,” he pointed out.The Minister noted that included in the changes were the provision of staff for the new convalescent home for the Police and the “provision of posts as the modernisation of ministries continue”.He added that the changes also provide for the upgrading of posts in the internal audit section and taxation policy division of the Ministry of Finance and Planning; for posts in the Office of the Prime Minister for the access to information section; and for the classification of posts in the nutrition and dietetic technician series of the paramedical group. RelatedHouse Approves Civil Service Establishment Order Resolutioncenter_img House Approves Civil Service Establishment Order Resolution UncategorizedJanuary 31, 2007 Advertisementslast_img read more

25-50 per cent of COVID-19 patients develop kidney abnormalities: ISN

first_img25-50 per cent of COVID-19 patients develop kidney abnormalities: ISN By EH News Bureau on May 13, 2020 Menopause to become the next game-changer in global femtech solutions industry by 2025 The current treatment of COVID-19 with AKI includes general, supportive management and kidney replacement therapyThe unprecedented COVID-19 pandemic has almost opened Pandora’s box. Besides other challenges, it has been testing the current healthcare systems, the unprecedented COVID-19 pandemic has led to a humanitarian crisis. Among the COVID-19 infected people, quite a few have developed kidney derangement in otherwise healthy kidneys. A few patients developed acute kidney injury (AKI), a condition which can increase mortality. Also, a recent report of the International Society of Nephrology (ISN) reveals that of the people infected with COVID-19, 25-50 per cent of them were seen with kidney abnormalities.“It is generally perceived that COVID-19 types of viruses involve respiratory systems mainly lungs, but a lot of evidence shows that COVID-19 also involves the kidneys either directly or mediated by excessive immune response seen in severe COVID-19 patients and not just the lungs. As per earlier reports of SARS and MERS-CoV infections, acute kidney injury (AKI) had developed in 5-15 per cent cases and it carries very high mortality. A lot of evidence shows a lower incidence (3-9 per cent) of AKI, the later reports indicated a higher frequency of kidney abnormalities”, said Dr Deepak Govil, Intensivist, Medanta, Gurugram.The current treatment of COVID-19 with AKI includes general and supportive management and kidney replacement therapy. In the absence of effective antiviral therapy with smaller proportion requiring acute or urgent dialysis, continuous renal replacement therapy (CRRT) a term used for a collection of acute dialysis techniques can support these patients for 24 hours in a day especially to the critically ill patients suffering with AKI or having overwhelming immune response.“Previous studies show that CRRT had been successfully applied in the treatment of SARS and MERS illnesses related to previously known coronaviruses, which also manifested as respiratory illnesses. At relatively higher doses, it can help clear the immune toxins, thus suggesting CRRT may play a role in patients with COVID-19 with high immune toxin load,” said Dr Satish Chhabra, Nephrologist, Max Healthcare, Delhi.He further added, “In situations where shifts in fluid balance and metabolic fluctuations are poorly tolerated and in situations where other extracorporeal therapies are required, CRRT can be used as an integrated system and is preferred over parallel systems, as was highlighted by a recently published retrospective cohort study. [5] In the study, it was found that 36 COVID-19 patients required invasive mechanical ventilation, where CRRT was associated with a reduction in mortality than those treated without CRRT. However, the potential role of extracorporeal therapy techniques needs to be evaluated by the treating physician.”Experts are unanimous that acute dialysis techniques such as CRRT may also be effective in treating patients with COVID-19 and sepsis syndrome irrespective of their kidney function. Considering the ongoing scenario and the increasing rate of kidney involvement due to COVID-19, such extra-corporeal therapies may play an important role in the treatment of severely ill patients. Right treatment by the experts at the right time can save the lives of the infected people who are battling between life and death.  Acute kidney injurycontinuous renal replacement therapyCOVID-19dialysisInternational Society of Nephrologykidney abnormalitiesMERS-CoVSARS Comments (0) Phoenix Business Consulting invests in telehealth platform Healpha Share MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” The missing informal workers in India’s vaccine story Read Article WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Related Posts Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” News Add Commentlast_img read more