Pharma-Deko Plc (PHARMD.ng) Q12019 Interim Report

first_imgPharma-Deko Plc (PHARMD.ng) listed on the Nigerian Stock Exchange under the Pharmaceuticals sector has released it’s 2019 interim results for the first quarter.For more information about Pharma-Deko Plc (PHARMD.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Pharma-Deko Plc (PHARMD.ng) company page on AfricanFinancials.Document: Pharma-Deko Plc (PHARMD.ng)  2019 interim results for the first quarter.Company ProfilePharma-Deko Plc manufactures, packages and markets a range of pharmaceutical and consumer products in Nigeria. Pharmaceutical products include Parkalin cough syrup, Revitone blood tonic, Salins liniment, Hexdene mouth wash, Brett mouth wash, Omepraz, Pharmadec drops and syrups, Phardol suppository and drops, Amycin dry powder and capsules, Anuproct suppositories, Vitacee drops and syrups, Antasil tablets, garlic tablets, Amoquin anti-malarial tablets and Parkprim suspension and tablets. The company also produces and sells a non-sugar cream soda; and manufactures and packages pharmaceutical and consumer products under contract. Established in 1962 and formerly known as Parke-Davis & Company (US), the company changed its name to Pharma-Deko Limited in 1990. It is now known as Pharma-Deko Plc. The company head office is in Ogun State, Nigeria. Pharma-Deko Plc is listed on the Nigerian Stock Exchangelast_img read more

Investing in the UK recession? Here are my top three tips to help you thrive

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Rachael FitzGerald-Finch Investing in the UK recession? Here are my top three tips to help you thrive Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Rachael FitzGerald-Finch has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Simply click below to discover how you can take advantage of this. Rachael FitzGerald-Finch | Thursday, 13th August, 2020 It’s official. We’re in a UK recession for the first time in 11 years. The economy shrank by 20.4% over the last quarter, the biggest drop in gross domestic product (GDP) on record.Firms are grappling with tough market conditions right across the FTSE. Declining revenues, higher debt, and lower productivity are the norm for many.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, by watching the market for high-quality companies at discounted prices, investing opportunities will emerge. And by looking for companies with strong balance sheets, low debt, and good cash flow, you can thrive by investing during the UK recession.Here’s how you can identify them.  A strong balance sheetThe balance sheet is essentially a photograph of what a firm owns (assets) and what it owes (debts) at any one point in time. A strong balance sheet will have a ‘current’ ratio of around 1.5 to 2.0. The current ratio determines the relative levels of short-term assets and liabilities. If this ratio is too high, a firm may be accumulating cash. If it’s too low, a company may struggle with its short-term liquidity needs.The quick ratio is an even more conservative liquidity estimate because it only considers assets that are cash-convertible. To calculate it, subtract the inventory and pre-paid expenses from the current assets and divide this net figure by the current liabilities. The ideal quick ratio figure is 1 or more. These ratios are only guides, but they can help to determine the strength of balance sheet liquidity in the short term. But bear in mind that all ratios will vary per industry.Regardless, companies with strong balance sheets can withstand tightening of credit conditions and better manage their debt.Low debtAnother useful number to know is the debt-to-equity (D/E) ratio. D/E shows what is owed against what is owned. Usually, the lower this ratio the better, but if a company has no debt, it cannot offset it against tax, potentially lowering profits.However, companies with high amounts of debt will likely make large interest payments, increasing the debt-to-equity ratio. In a recession, investing in highly leveraged companies is risky because they’re more likely to fail. Low debt, and a lower debt-to-equity ratio of 1.0 to 1.5, is best.    Good cash flow: essential to beat a UK recessionLastly, a firm needs to be good at generating cash to see it through the bad times.The debt service coverage ratio (DSCR) determines whether a company’s income is enough to pay its debts. Usually, a higher ratio of 1.15 to 1.35 is better. Calculate it by dividing net operating income by current debt. However, cash may have been received by selling assets or taking on more long-term debt. Calculating free cash flow (FCF) in addition to the DSCR helps determine real profitability.FCF is the cash left after the firm has paid for dividends, debt, or stock buybacks. It’s what’s left over to invest or return to shareholders. A positive FCF is a good sign.In addition to the above, some industries will be more recession-resistant than others. For example, utilities, discount retailers or consumer staples will be safe havens for many. But this may push up share prices in the short-to-medium term. Regardless, for a vigilant investor with an eye on the right industries and metrics, the UK recession really could provide opportunities to find high-quality companies at discount prices.   Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

Miembros episcopales del CCA comentan sobre una reunión ‘amigable’

first_imgMiembros episcopales del CCA comentan sobre una reunión ‘amigable’ La reunión de Nueva Zelanda fue un ‘lugar de diálogo profundo’ y de atender al evangelio Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York La Iglesia Episcopal estuvo representada en el CCA-15 por (de izquierda a derecha) la Rda. Gay Jennings, de Ohio, la obispa primada Katharine Jefferts Schori; Josephine Hicks, de Carolina del Norte y el obispo Ian Douglas de Connecticut. Ellos aparecen aquí en su foto oficial con el arzobispo de Cantórbery Rowan Williams (al centro) frente a la iglesia de Santa María en los terrenos de la catedral de la Santa Trinidad en Auckland. Foto de Anglican Communion News Service[Episcopal News Service – Auckland, Nueva Zelanda] la 15ª. reunión del Consejo Consultivo Anglicano que concluyó aquí el 7 de noviembre (hora local) luego de sesionar durante 12 días, resultó “notable” según los cuatro miembros del Consejo que pertenecen a la Iglesia Episcopal.La Iglesia Episcopal estuvo representada en la reunión por la Rda. Gay Jennings, de Ohio; Josephine Hicks, de Carolina del Norte y el obispo Ian Douglas, de Connecticut.La obispa primada Katharine Jefferts Schori asistió a la reunión en su calidad de miembro del Comité Permanente de la Comunión Anglicana, que se reunió aquí antes de que comenzara a sesionar el CCA. Douglas también es miembro del Comité Permanente.Hicks, cuyo período expiró al final de esta reunión, es el miembro que ha servido por más tiempo [en este organismo], aunque Douglas ha estado presente en cuatro reuniones del CCA en diversas funciones. El período de Hicks comenzó con la reunión de 2005 en Nottingham, Inglaterra, cuando los miembros de la Iglesia Episcopal de EE.UU. y de la Iglesia Anglicana del Canadá asistieron como observadores después de que ambas provincias retiraran voluntariamente su participación en consonancia con una petición de los primados —o principales arzobispos— anglicanos para darle espacio a la consideración de asuntos relacionados con la sexualidad.Esa primera reunión, le dijo ella a Episcopal News Service durante una entrevista con los cuatro representantes de la Iglesia Episcopal antes de que terminara la reunión de Auckland, fue “extremadamente tensa y embarazosa, aunque tuvo sus momentos maravillosos”.La reunión de 2009 en Jamaica fue “mucho más relajada, en una atmósfera mucho mejor, pero aún con un trasfondo contencioso que a veces se hacía más ostensible en asuntos verdaderamente difíciles”, tales como el Pacto Anglicano, el Informe Windsor 2004 y la moratoria sobre la autorización de bendiciones a parejas del mismo sexo, las consagraciones de obispos que viven en relaciones [de pareja] con personas del mismo sexo, y en las intervenciones transfronterizas de los obispos.“Esta reunión se ha sentido muy diferente e incluso más relajada, incluso menos contencioso, hasta con una mayor capacidad de congeniar”, dijo Hicks. “Todos los que estuvieron en Jamaica han comentado que esta reunión ha sido más amigable, más positiva [con] personas claramente comprometidas con la Comunión Anglicana, independientemente de sus posiciones sobre el pacto o sobre cualquier otro asunto”.Douglas convino con Hicks. “Sin duda esta reunión del CCA ha sido la más conversacional, la menos politizada”, afirmó, llamando a la reunión, que sesionó fundamentalmente en la catedral de la Santa Trinidad en Auckland, “un lugar de diálogo profundo de una manera que yo nunca lo había experimentado en el pasado”.“Hallé que hemos podido profundizar mucho en torno a la manera en que nuestras iglesias difieren unas de otras y también en lo que nos une como la Comunión misma”, dijo él. “Parece que un montón de resentimientos viejos y divisiones —de diferencias— siguen estando ahí, yo no quiero ocultarlas, pero en cuanto a las pasadas tensiones, no estoy experimentándolas en esta reunión”.La obispa primada dijo que en comparación con las primeras dos reuniones de los primados a que ella asistiera en 2007 y 2009 y la Conferencia de Lambeth que medió entre ellas, está segunda reunión del CCA a la que ella asiste “es probablemente la reunión de la Comunión Anglicana que ha demostrado más posibilidades para fomentar relaciones duraderas que yo haya visto”.Añadió que la última Reunión de los Primados en enero de 2011 “recorrió un largo trayecto en esa dirección, pero esta reunión del CCA está profundamente reconciliada con nuestra diversidad”.“Da testimonio de [un] compromiso con un cometido a largo plazo de la Comunión, en el sentido de que las personas participan y están interesadas en hacer que las cosas funcionen en nuestros variados contextos”, dijo Jefferts Schori.Por ejemplo, agregó, el CCA se comprometió a “hacerse cargo” de las redes oficiales de la Comunión entre una y otra reunión.Para Jennings, que asiste a su primera reunión del CCA resultó “una estupenda oportunidad de hacer relaciones, de aprender más acerca de las diversas provincias”.“Hemos dialogado respecto al hecho de que el CCA es el único instrumento que tiene representación de obispos, presbíteros, diáconos y laicos”, señaló ella. “Se ha hecho un llamado a que haya más laicos que formen parte del CCA y ha habido conversaciones en cuanto a la manera en que eso podría facilitarse”.Los que asistieron al CCA-15 que no forman parte de ninguno de los otros instrumentos de la Comunión “consideran que es un gran privilegio estar representando a su provincia y hay muchísimo interés en ver como las diferentes provincias se asemejan, pero también cuan diferentes son, de manera que seguimos aprendiendo los unos de los otros”.Hicks resaltó también el cambio de rumbo en el interés de la reunión.“Estoy encantada de decir que los temas que suscitaron la mayor energía y pasión en esta reunión fueron… los temas de paz y justicia a los que debemos dedicar nuestro tiempo y energía y en los que debemos concentrarnos”, señaló.Entre los temas, dijo Hicks, incluyeron el proyecto de la Biblia en la vida de la Iglesia, el abogar contra la persecución de los cristianos [en países] donde son minoría, el abogar contra la violencia de género y tomar medidas decisivas para prevenirla y el abogar por la preservación del medio ambiente y tomar medidas específicas para lograrlo.Douglas dijo que el lugar de la reunión fue “muy importante para el modo  de entender la unidad en todas nuestras diferencias”.La Iglesia Anglicana en Aotearoa, Nueva Zelanda y Polinesia es una provincia “que se ha esforzado durante décadas para lograr que las tres tradiciones, los tres grupos culturales conocidos como tikangas, vivan juntos en la plenitud de lo que Dios se propone [hacer] en estas tierras”.Se puede encontrar más información sobre esa labor aquí.Douglas agregó que él había llegado a saber que para la provincia “había sido una dura lucha aprender a vivir juntos en la plenitud del cuerpo de Cristo”.“Creo que justamente estar aquí, escuchando los distintos idiomas, viendo a las diferentes personas en la totalidad de quienes son y en la constante y ardua tarea de aunar esfuerzos ha sido un entorno o una base muy importante para todas nuestras conversaciones: casi como un microcosmos de mayores posibilidades y desafíos en la más amplia Comunión Anglicana”.Jennings también hizo hincapié en los esfuerzos de la Comunión en profundizar su unidad en medio de la diversidad.“Lo que me ha impresionado en esta reunión es que a través de las provincias parece haber alguna comprensión —no sólo de parte de los [que venimos] de América del Norte, sino a través de toda la Comunión Anglicana—  de que nuestra unidad no está basada en una creencia o en una tradición uniformes; sino, más bien, que nuestra unidad está en Jesucristo y en las cosas que consideramos esenciales para definirnos a nosotros mismos como anglicanos”, dijo ella. “Esta reunión, al menos para esta novata, parece estar mucho más interesada, como dijo Josephine, en los problemas de nuestra vida común y de cómo podemos llevar a cabo juntos la misión de Dios y buscar la paz”.Según Jefferts Schori, los miembros del CCA tuvieron “un diálogo notablemente creativo y profundo en torno a una variedad de asuntos que todos compartimos”.“Esta reunión nos ha ofrecido la capacidad de aprender de las diferencias que caracterizan a la Comunión”, afirmó ella. “Las iglesias occidentales han hablado acerca de las dificultades de retener o de atraer a jóvenes y de facilitar su liderazgo en la Iglesia y no simplemente de reducir el liderazgo a los miembros más viejos en períodos de mayor duración. Son realidades que se aplican en Papúa Nueva Guinea como en Aotearoa, Nueva Zelanda y Polinesia, en Estados Unidos, en las partes más antiguas de la Iglesia”.“Las partes más nuevas de la Iglesia que están creciendo con gran rapidez se enfrentan con problemas de recursos esenciales, con los cuales se enfrentan algunas de nuestras congregaciones rurales, de manera que tenemos cosas que aprender de las variaciones en nuestros contextos que todas se reducen a cómo presentar el evangelio de una manera que sea atractiva y restauradora para el pueblo que somos, dispuesto a proclamar  las buenas nuevas de Jesús”.– La Rda. Mary Frances Schjonberg es redactora y reportera de Episcopal News Service. Traducido por Vicente Echerri. New Berrigan Book With Episcopal Roots Cascade Books Priest-in-Charge Lebanon, OH November 10, 2012 at 12:33 pm Hermosa Foto del primado Con Obispos de ECUSA que tantas veces fueron y son de bendición para tantas iglesias. Dios los guie y bendiga a los Obispos, Presbíteros, Diáconos y Laicos de la Comunión Anglicana Episcopal! Por Mary Frances SchjonbergPosted Nov 9, 2012 Rector Smithfield, NC Family Ministry Coordinator Baton Rouge, LA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Submit an Event Listing Rector Belleville, IL Canon for Family Ministry Jackson, MS In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector/Priest in Charge (PT) Lisbon, ME Rector Shreveport, LA Rector Hopkinsville, KY Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Associate Rector for Family Ministries Anchorage, AK Submit a Press Release Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Priest Associate or Director of Adult Ministries Greenville, SC Director of Music Morristown, NJ Rev. Grovert David Antezana Alurralde says: Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Missioner for Disaster Resilience Sacramento, CA Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Associate Priest for Pastoral Care New York, NY Rector Knoxville, TN Youth Minister Lorton, VA Director of Administration & Finance Atlanta, GA center_img AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Featured Jobs & Calls Submit a Job Listing Course Director Jerusalem, Israel Curate (Associate & Priest-in-Charge) Traverse City, MI Press Release Service Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Albany, NY Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Pittsburgh, PA Rector (FT or PT) Indian River, MI Rector Tampa, FL Assistant/Associate Rector Washington, DC Rector Martinsville, VA Rector and Chaplain Eugene, OR Curate Diocese of Nebraska An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Associate Rector Columbus, GA Assistant/Associate Rector Morristown, NJ This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Bath, NC Rector Washington, DC Bishop Diocesan Springfield, IL Comments are closed. Comments (1) Cathedral Dean Boise, ID Featured Events Rector Collierville, TN Assistant/Associate Priest Scottsdale, AZlast_img read more

Minka Twins House / bureau^proberts

first_img Houses Area:  300 m² Year Completion year of this architecture project “COPY” CopyAbout this officebureau^probertsOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBardonAustraliaPublished on September 02, 2019Cite: “Minka Twins House / bureau^proberts” 02 Sep 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialMetal PanelsDri-DesignMetal Panels – CopperIn architectureSikaBuilding Envelope SystemsExterior DeckingLunawoodThermowood DeckingMembranesEffisusFaçade Protection – Breather+Metal PanelsPure + FreeFormCustom Metal Cladding – Legacy Fund 1 BuildingWood Boards / HPL PanelsInvestwoodWood Fiber Partition Walls – ValchromatDoorsLinvisibileLinvisibile FILO 10 Vertical Pivot Door | BrezzaSkylightsFAKROEnergy-efficient roof window FTT ThermoToilets / BidetsBritexToilets – Accessible Centurion PanMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ArchDaily Australia Design Team:Liam Proberts, Andrew Bell, Terry Mcquillan, Saskia Ruijs, Natalie Smart, Fiona SheilsClients:Story DevelopmentsEngineering:Craft Building CompanyCity:BardonCountry:AustraliaMore SpecsLess SpecsSave this picture!© Scott BurrowsText description provided by the architects. Brisbane architectural firm bureau^proberts has delivered on their aim to fill a gap in the Brisbane housing market — i.e well-designed, affordable, family friendly homes. The Minka Twins are a pair of two-storey, four bedroom houses in Brisbane’s inner north. Renowned as prime-residential specialists, bureau^proberts’ design for the Minka Twins, has all the architectural prowess you’d expect to find at a much higher price point.Save this picture!© Scott BurrowsMeanwhile, the homes’ design was in no way compromised, as evidenced by their impressive, batten-screened façades. “We were determined to give residents, and the wider community, dwellings that would create engagement with the streetscape.” Simple gable roof forms and habitable undercroft spaces, all complement the architecture of the surrounding neighbourhood and Brisbane’s nearby CBD.Save this picture!© Scott BurrowsAsian influence. The design’s namesake — Minka — references Japanese farm houses. These dwellings, like the ‘Queenslander’, were characterised by their strong connection with the surrounding landscape. The Minka Twins invite the outside in, translating ‘under-the-house’ space into highly functional and inviting living spaces.Save this picture!Floor PlanSave this picture!ElevationsTraditionally, Japanese farm houses were constructed without walls or, alternatively, with large, sliding panels. Gently steeping elevations were also used to signpost the varying zones within each heightened space.Save this picture!© Scott BurrowsSimilarly, flexibility is the hero of the Minka Twins. Both houses strongly engage with the landscape via a series of floor-to-ceiling glass doors that stack away. This completely opens up the lower-level living spaces to the outdoors and creates an ‘under-the-house’ climate. Meanwhile, internal gardens blur the lines between interior and exterior.Save this picture!© Scott BurrowsOngoing cost efficiencies. The price point alone is not the only advantage of this design. Cost efficiencies are likely to continue throughout occupancy. In the upper bedrooms, both dwellings deploy single-room widths, to promote passive cooling. Additionally, full-height openings to verandahs capture Brisbane breezes. Save this picture!© Scott BurrowsProject gallerySee allShow lessHouse in the Buddenturm / hehnpohl architekturSelected ProjectsAvenue Green Sheshan in Shanghai / ELTO ConsultancySelected Projects Share Minka Twins House / bureau^proberts ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/924046/minka-twins-house-bureau-proberts Clipboard CopyHouses•Bardon, Australia Photographs:  Scott Burrows Manufacturers Brands with products used in this architecture project Products translation missing: en-US.post.svg.material_description Projectscenter_img Save this picture!© Scott Burrows+ 11Curated by Paula Pintos Share Andrew Gold Landscape Architecture Manufacturers: Centor, Caesarstone, Dulux, Fisher & Paykel, Laminex, Mark Douglass, Miele, Reece, CKA Windows & Doors, Havit Lighting, Lockwood, Timber Framed Doors 2018 Architects: bureau^proberts Area Area of this architecture project Year:  “COPY” Landscape: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/924046/minka-twins-house-bureau-proberts Clipboard Photographs Minka Twins House / bureau^probertsSave this projectSaveMinka Twins House / bureau^probertslast_img read more

Verizon strike demonstrates its effectiveness

first_imgMay 22 — “While union workers insist that the strike will impair the company’s customer service calls and equipment installation, Verizon has assured its consumers that this won’t happen,” wrote the April 14 Wall Street Daily. “With little to no detectable change in service Verizon’s stock should see the same minimal change, as the product itself won’t suffer any deterioration.”This typical capitalist bravado, put out a day after the Verizon strike began, was based on Verizon’s claims of having trained 10,000 potential scabs to do the work of “those who have opted to picket.”The initial optimism of Wall Street is now being pummeled by a highly effective strike, currently in its sixth week. Stock value is falling as customer complaints skyrocket. Verizon has acknowledged that large numbers of residential customers are switching providers. Municipalities, including seven in Massachusetts, are following suit. Small businesses are blaming Verizon, not the unions, for the harm caused them by the company’s failure to provide necessary services.The overwhelming majority of the 39,000 strikers, members of the Communications Workers and the International Electrical Workers, continue to “opt to picket,” with only handfuls here and there crossing the lines. In fact, picketing is the only option for these workers.To counter the company lies in the media, the CWA launched a radio ad campaign stating: “The system is rigged. Rich get richer while the rest of us struggle to get by. This isn’t theory, it’s real. Verizon makes $1.5 billion a month in profits and top executives pay themselves nearly 50 million a year while trying to take away job security from workers. That’s why Verizon workers are on strike.”The state steps inThe strike’s effectiveness prompted U.S. Labor Secretary Thomas Perez to insert himself into the bargaining process. Both parties were called together to meet in the presence of Perez and experienced federal mediator Allison Beck under the auspices of the Department of Labor. There they agreed that no public statements would be made during the talks. Under what amounts to a gag order, the unions cannot inform rank-and-file members of how — or if — the talks are progressing.Why would such a high-ranking member of the capitalist state intervene in a labor dispute between a private employer and two private sector unions? One factor might be the location of the strike. New York is home to Wall Street. If the strike continues, it might not just be restaurants, shops and doctors’ offices having to get by without phone or internet service — big banks could be affected.Moreover, Verizon provides services to the Pentagon. Wireline workers are on strike in Washington, D.C., and all of Virginia. Verizon has contracts with military bases across the country. If the strike drags on, war plans could be disrupted!The CWA and IBEW should not put too much faith in the Democratic administration. It’s worth remembering that in 1978 President Jimmy Carter invoked Taft-Hartley — as President Harry Truman did decades before him — and used federal troops against striking coal miners.Community-labor solidarity keeps growingDozens of solidarity actions were held from coast to coast on May 21 as part of “Children’s Day.” Children of New York strikers took turns leading chants and picketing in front of a Brooklyn Verizon wireless store, while 200 CWA members and supporters chanted along from the sidewalk and street. One picket captain told Workers World, “People in the neighborhood don’t cross the picket line.” The union treated the children to balloons, popcorn, cotton candy and ordered lunch for everyone.CWA District 1 Legislative/Political Director Bob Masters introduced Brooklyn Borough President Eric L. Adams and NYC Central Labor Council President Vincent Alvarez and recognized guests from the United Federation of Teachers. Activists also came from the Hunter College Internationalist Club, Parents to Improve School Transportation and the People’s Power Assembly.  Announcements and conversations indicated that the unions are preparing for a long battle against Verizon’s “corporate greed.”Members of CWA locals 2201 and 2204 continue to stand strong on the picket lines across Virginia, receiving broad labor and community support. The week of May 15 numerous solidarity actions took place. In Roanoke, the Citizens’ Convention and Plowshare Peace & Justice Center began sponsoring a weekly picket line.The Southern Workers Assembly continues to join picket lines, email appeals for strike funds and assist with visibility and outreach work. Many other unions and labor-community organizations are contributing financially and providing much-needed supplies for striking workers.In a show of solidarity, CWA strikers came out to support the Food and Commercial Workers Local 400 during their strike vote May 18 in Salem, Va. Local 400 members voted down a horrendous contract proposal from Kroger and granted their bargaining team the right to call a strike if necessary.The Blacksburg Coalition For Justice, the Southern Workers Assembly and other labor-community organizations hoisted banners and placards to show support for the CWA-IBEW striking workers at Verizon and the UFCW Local 400 members in their contract battle. This solidarity boosted the spirits of CWA, IBEW and UFCW members and their supporters and received widespread coverage in both corporate and social media.Members and leaders from Pennsylvania, Delaware, D.C., Maryland, Virginia and West Virginia will attend the next major solidarity action in southwest Virginia, a May 28 rally in Roanoke. For more information, visit bit.ly/22kHNfB.Sara Catalinotto and WW staff in Virginia contributed to this article.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

RSF recommendations on regulating the surveillance industry

first_imgIn RSF’s view, the private sector must practice due diligence that takes account of the way that this technology is used by authoritarian regimes. RSF also deplores the lack of Organisation RSF_en Reporters Without Borders (RSF) has submitted its recommendations on “The surveillance industry and human rights” in response to a request from David Kaye, the UN Special Rapporteur on the promotion and protection of the right to freedom of opinion and expression. RSF calls for worldwide reinforcement of the regulations governing surveillance technology exports and for greater social responsibility on the part of the companies involved in this sector. Crédit : RSF international standards on issuing export licences, calls for a global, regulatory legal framework for export controls of surveillance technology, and recommends further development of the UN Guiding Principles on Business and Human Rights for the private surveillance sector. Protecting journalistsOnline freedomsProtecting sources InternetCitizen-journalistsWhistleblowers The UN special rapporteur requested contributions from civil society on the need to take more account of human rights in the dual-use technology business and, in particular, its exports. By making this submission, RSF expects its recommendations to receive attention at the international level. Related documents submission_un_surveillance_reporters_without_borders.pdf PDF – 225.36 KB >> Read the letter sent to David Kaye <<< Journalists are particularly targeted by surveillance operations, either directly or because they are in contact with whistleblowers and dissidents. There are three main types of surveillance: the interception of communication, the hacking of terminal devices (smartphones and computers) and mass surveillance of communication flows. In all cases, a significant problem for journalists is that they are either unaware that they are the under surveillance or they unable to identify who is responsible. RSF’s submission makes these points: Due diligence Protecting journalistsOnline freedomsProtecting sources InternetCitizen-journalistsWhistleblowers RSF’s submission finally warns about the additional threats that could come from further rapid evolution in surveillance technology. In RSF’s view, the growing presence of CCTV cameras combined with facial recognition technology could further endanger the protection of journalists’ sources. Similarly, enhanced data mining, in which artificial intelligence is used to identify patterns in large datasets, could lead to a form of predictive surveillance. These considerations need to be included in the conclusions and recommendations that Special Rapporteur David Kaye presents in his next report to the UN General Assembly in October 2019. >> Press freedom can wait no longer for tighter spyware export controls <<< February 18, 2019 RSF recommendations on regulating the surveillance industry Help by sharing this information Newslast_img read more

Bubble Risk: A City by City Breakdown

first_img  Print This Post The Best Markets For Residential Property Investors 2 days ago Bubble Risk: A City by City Breakdown Previous: First Community Mortgage Announces New Leaders Next: Mortgage Servicing Challenges: LoanCare President Weighs In Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Bubble Risk: A City by City Breakdown About Author: Nicole Casperson The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save HOUSING Housing Bubble mortgage UBS global 2017-10-02 Nicole Casperson Demand Propels Home Prices Upward 2 days ago UBS Global recently released its 2017 Real Estate Bubble Index. The Index score is a weighted average of the following five standardized city sub-indices: price-to-income and price-to-rent (fundamental valuation), change in mortgage-to-GDP ratio, change in construction-to-GDP ratio (economic distortion), and relative price-city-to-country indicator.Some cities across the country show signs of an oncoming housing bubble, even though most home prices in U.S. cities remain below its 2008 peak in real terms. However, San Francisco, California, is an exception, where real prices have increased by almost 65 percent since 2011, according to the report. In addition, the report noted that “the city shows signs of overvaluation but no bubble risk, given its strong economic fundamentals amid the astonishing boom of tech companies.”Los Angeles, California, is an overvalued metro as well, as, since 2012, prices have increased at twice the rate of the national average. Boston, Massachusetts, has grown at a rate of 15 percent in the last four years, in line with the national average, while New York and Chicago, Illinois, oriented toward the financial sector and the overall U.S. market, “has outpaced more traditional industries.” Overall, the report discovered that New York and Boston were fairly valued, while Chicago, Illinois, is undervalued.Compared to the rest of the world, New York is one of the most expensive and unaffordable markets in the world, even though the report mentions that the metro is fairly valued. For an average, highly skilled worker, it would take 11 years to afford a 650 square-foot apartment. The report notes that this could be due to declining population growth and increased financial burden, which if continued, could limit financial affordability even more.Click here to read the full report, along with comparisons to other international metros. The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img October 2, 2017 1,657 Views in Daily Dose, Featured, Headlines, News Related Articles Tagged with: HOUSING Housing Bubble mortgage UBS global Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

NFIP Issued $400m in Reinsurance Protection

first_img  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Disaster FEMA flood nfip 2020-03-02 Seth Welborn Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, News Related Articles Tagged with: Disaster FEMA flood nfip The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Experts Predict: Interest Rate Cuts are Likely Next: The Impact of Renters on the Presidential Election Servicers Navigate the Post-Pandemic World 2 days ago NFIP Issued $400m in Reinsurance Protection Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Savecenter_img Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Home / Daily Dose / NFIP Issued $400m in Reinsurance Protection Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe The US Federal Emergency Management Agency (FEMA) has successfully transferred $400 million of the National Flood Insurance Program’s (NFIP) flood risk to the capital markets through the issuance of its third catastrophe bond transaction, Reinsurance News reports.Under the terms of the latest agreement, FEMA is set to pay $50.28 million in premiums for the first year of reinsurance protection. At the same time, FEMA states that the agreement will cover 33.3% of losses for any single flood event with losses between $6 billion and $9 billion, and 30% if that same event has losses of between $9 billion and $10 billion.David Maurstad, FEMA’s Deputy Associate Administrator for Insurance and Mitigation, and the senior executive in charge of the NFIP, commented: “Reinsurance is a lynchpin to help strengthen the financial framework of the flood insurance program. By engaging capital markets, FEMA is able to access alternative capital and grow its reinsurance program in a way that benefits policyholders and taxpayers, and expands the role of the private markets in managing flood risk in the United States.”After the NFIP’s short-term extension, the next steps will be reforming the program. In a report by Christa Nadler, EVP of Risk Placement Services, she dives into what problems the NFIP has faced, and what the future of the program looks like.According to Nadler, open-market flood coverage is becoming more and more vital, and “data is king.” With additional sources of data available, more carriers than the NFIP alone are looking at providing insurance.Part of the next steps for the NFIP involves private sector reinsurance. As part of the next steps for NFIP, the Federal Emergency Management Agency announced earlier this month that it has transferred an additional $1.33 billion of the NFIP’s financial risk to the private reinsurance market in its 2020 reinsurance placement for the program. March 2, 2020 1,924 Views The Best Markets For Residential Property Investors 2 days ago About Author: Seth Welbornlast_img read more

Chief Executive slammed for not providing reasons for Donegal post office closures

first_img By News Highland – April 27, 2012 Facebook RELATED ARTICLESMORE FROM AUTHOR WhatsApp Pinterest Google+ Pinterest Twitter Twitter Previous articleDerry protest against RAAD will go ahead tomorrow at 3pm despite latest shootingNext articleMan gets bail after Donegal judge said: ‘I’ll spit you out’ News Highland Google+ WhatsAppcenter_img Donegal Senator Brian Ó Domhnaill has slammed the Chief Executive of An Post for failing to provide any clarity on the reasons behind the closure of two post offices in Donegal.An Post CEO Donal Connell appeared before the Oireachtas Communications Committee in Leinster House this week.Senator O Domhnaill asked Mr Connell about the closure of Laghey and Meenlaragh Post Offices, and the future of other small post offices in Donegal and across the North West.But Senator Ó Domhnaill said he was extremely disappointed by the series of vague answers provided by Mr Connell to TDs and Senators at the Commitee…..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/04/bod1pm1.mp3[/podcast] Calls for maternity restrictions to be lifted at LUH Almost 10,000 appointments cancelled in Saolta Hospital Group this week Chief Executive slammed for not providing reasons for Donegal post office closures Facebook Guidelines for reopening of hospitality sector published News LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

Concern over lack of turning point for large vehicles at Fanad Lighthouse

first_img Previous articleJames Cullen remembers Manus KellyNext articleDonal Coyle elected Cathaoirleach of Letterkenny-Milford MD News Highland Journey home will be easier – Paul Hegarty By News Highland – June 23, 2020 FT Report: Derry City 2 St Pats 2 Twitter Google+ WhatsApp RELATED ARTICLESMORE FROM AUTHOR AudioHomepage BannerNews Facebook Google+ Twittercenter_img Pinterest Concern over lack of turning point for large vehicles at Fanad Lighthouse DL Debate – 24/05/21 Facebook WhatsApp Derry draw with Pats: Higgins & Thomson Reaction Serious concern has been raised over a lack of a turning point for larger vehicles at Fanad Lighthouse.Both cars and buses are said to be finding it difficult to access the popular attraction.The lighthouse is featuring in a number of tourism initiatives and while this is welcomed locally, it’s thought now more so than ever the infrastructural issues need to be addressed.Local bus driver James says there is plenty room for a turning point to be developed there:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/06/fanad3pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. News, Sport and Obituaries on Monday May 24th Pinterest Harps come back to win in Waterford last_img read more

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