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City economists vote to hold rates

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first_img Share Show Comments ▼ whatsapp City economists vote to hold rates whatsappcenter_img Express KCS Our guest panel of city economists has voted to hold rates this month. Among the main concerns were lower rates of inflation becoming embedded in people’s expectations. However, one hawk argues that low interest rates are in danger of becoming embedded in borrowers’ expectations. Other concerns were the potential for a new Greek crisis and signs of a slowdown in the UK’s economic growth at the end of 2014. The latest inflation reading in the UK was 0.5 per cent in December, as measured by the year-on-year change in the consumer price index. Meanwhile, the Bank of England’s bank rate is currently at 0.5 per cent, where it has remained since March 2009.CITY A.M.’S SHADOW MPCOUR PANEL’S GUEST CHAIR FOR THIS MONTH: PHILIP SHAW | INVESTECHold. Results from recent surveys indicate that the recovery has lost relatively little momentum and spending should be further supported by the decline in petrol prices. However, there are risks from the uncertainty in Greece and moreover inflation is well below target and may go negative soon. The case to sit tight is compelling while we await more clarity on medium-term prospects.JAMES SPROULE INSTITUTE OF DIRECTORSRaise rates. The economy is still growing well enough to justify normalising rates; the danger is that overly loose policy leads to dependency on ultra-low rates.GEORGE BUCKLEY DEUTSCHE BANKNo change. The high chance of inflation turning negative, alongside weaker economic growth this year compared to last, suggests that now is not the time to tighten monetary policy.ROBERT WOOD BERENBERG BANKNo change. Inflation might turn negative soon while wage growth is still weak. There is plenty of time to wait.SAMUEL TOMBS CAPITAL ECONOMICSNo change. We need to wait and see whether near-zero inflation starts to have any detrimental “second-round” effects on inflation expectations and wages.SIMON WARD HENDERSONRaise rates. Growth remains solid, the labour market is tightening further and wages are picking up. Eurozone prospects are brightening.VICKY PRYCE BIS AND CEBR ADVISERNo change. The end of 2014 suggested a slowdown in the rate of growth and despite some recent pick up in construction, manufacturing and services, downward risks remain in Europe.TREVOR WILLIAMS LLOYDS BANKNo change. Inflation is below target, and is likely to turn negative soon. Growth slowed to 0.5 per cent in the last three months of 2014, and risks from our key market in Europe remain high.ROSS WALKER RBSNo change. Although the medium-term inflation outlook has not changed much in recent months, there is a growing risk that the sharp undershoot in current inflation affects expectations. Wednesday 4 February 2015 8:00 pm Tags: NULLlast_img

Up and down the ladder: The latest comings and goings

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first_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Ed Silverman STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Alex Hogan/STAT What is it? Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED Log In | Learn More Hired someone new and exciting? Promoting a rising star? Finally solved that hard-to-fill spot? Share the news with us, and we’ll share it with others. That’s right. Send us your changes, and we’ll find a home for them. Don’t be shy. Everyone wants to know who is coming and going.And here is our regular feature in which we highlight a different person each week. This time around, we note that Foundation Medicine hired Cindy Perettie as chief executive officer. Most recently, she worked at Roche (RHHBY), where she was senior vice president for global oncology product strategy. Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. @Pharmalot center_img By Ed Silverman Jan. 11, 2019 Reprints About the Author Reprints [email protected] GET STARTED Up and down the ladder: The latest comings and goings Pharmalot Tags pharmaceuticalsSTAT+ What's included?last_img

Power Allotted for State Media Coverage

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first_imgNewsEconomy By Kang Mi Jin - 2014.12.02 5:14pm North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) Despite long droughts that have crippledthe country’s power supply, North Korea has beenintermittently supplying energy to households in time for people to watch massrallies protesting the recent UN committee passing of a draft resolution onPyongyang’s human rights violations. “Most factories don’t even receive power, but they [the state] are supplying electricityfor one or two hours when the news is on,” a sourcebased in Yangkang Province told the Daily NK on Monday. “Up until the middle of last month, therewas no power supply because of rice threshing operations, so it was rare to seeany lights on, but just recently we’ve been seeinglights running in the evening again,” she elaborated. “During inminban [people’s unit] meetings, we’ve been told it’s so that people can watchthe news.” Power is being supplied at around 8 p.m.,just in time for Korean Central Television’s [KCTV]evening news broadcast, rife with stories geared towards creating acommemorative atmosphere ahead of former leader Kim Jong Il’s 3rd year death anniversary as of late. “Mostof the stories focus on how various countries are holding gatherings toremember the General [Kim Jong Il],” she said, noting, “It’s not really much different from lastyear.” However, securing equal– if notadditional– screen time in North Korean state media have been been ralliesheld in different regions of the country, condemning the UN committee’s passing of a draft resolution on North Korea’s human rights conditions. The rallies first began in Pyongyang onthe 25th. Reactions are the ground are mixed,according to the source. Many residents have said, “Ifthey organized a state-level event for the mourning [of Kim Jong Il] or protestagainst the draft resolution, I would attend because there’s no choice, but it’s hard enough to getthrough winter and the power isn’t running properly, sowho would really care.” Others are more positive about the boost,regardless of its origins, stating, “It’s still better than not being able to use electricity at all,” adding, “The mourning period is coming upsoon, and there’s so much surveillance on using phonesand crossing the border, so it’s not like we can watchTV dramas from the South. But it’s good that we can atleast watch other movies.”North Korea was hit by a dry spell thisyear, with water shortages drastically impeding the power output athydroelectric power plants. Because of this, some state factories havescreeched to a halt and even the country’s largest ironore mine has been shuttered. Trains have been unable to run on regularschedules. In the face of such of harsh conditions,the state’s intermittent power flow to households isseen as a method of rallying up loyalty among residents in time for themourning period of Kim Jong Il’s death. Also, byshowing coverage of rallies against the UN’s recentmove, Pyongyang is likely trying to instill its people with feelings ofanimosity and hostility toward the U.S. and South Korea.  There are signs that North Korea is running into serious difficulties with its corn harvest News News Facebook Twittercenter_img Kang Mi JinKang Mi JinKang Mi Jin is a North Korean defector turned journalist who fled North Korea in 2009. She has a degree in economics and writes largely on marketization and economy-related issues for Daily NK. Questions about her articles can be directed to [email protected] US dollar and Chinese reminbi plummet against North Korean won once again RELATED ARTICLESMORE FROM AUTHOR Power Allotted for State Media Coverage SHARE News last_img

Investment banker awarded $1.3 million for wrongful dismissal

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first_imgManastersy was managing director for the RBC CP Mezzanine Fund.According to the court’s decision released Feb. 14, the firm offered to pay him compensation for 13 months. Manastersky rejected the offer and sued.Manastersky is entitled to 18 months’ notice or pay in lieu, the court’s decision states, and RBC’s termination offer “failed to adequately compensate” him for his loss during the notice period.RBC is required to pay Manastersky a total of $1,335,500.07, plus pre-and post-judgment interest, the court says. Judge gavel, scales of justice and law books in court flynt/123RF The Ontario Superior Court of Justice says an investment banker is entitled to $1.3 million for wrongful dismissal.James Anthony Manastersky was employed by RBC Capital Partners (RBC CP), a unit of RBC Dominion Securities, beginning in June 2001 until Feb. 12, 2014, when his employment was terminated without cause. Bitcoin surge doesn’t affect damages, B.C. court says James Langton Share this article and your comments with peers on social media Court approves data breach settlements with BMO, CIBC Universal life policies can’t be used for unlimited deposits, appeal court rules Keywords Lawsuits Related news Facebook LinkedIn Twitterlast_img

Four new ETFs from BMO

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first_img ESG interest on the rise, but so is fear of greenwashing Keywords ETF,  Fund launches,  ESG,  Fixed-income fundsCompanies BMO Asset Management BMO Asset Management Inc. has launched four ETFs, expanding both its environmental, social and governance (ESG) and currency lineups.Two of the offerings are tied to the new BMO ESG High Yield US Corporate Bond Index ETF. That fund is available as both unhedged and hedged, with the latter units designed “to provide investors protection from U.S. currency exposure,” a release said. Related news The other two launches are new ETF series: the BMO Nasdaq 100 Equity Index (USD Units) and the BMO High Yield US Corporate Bond Index ETF (USD Units).The ESG funds will help investors who want to “further integrate ESG into their portfolios,” while the two new currency series will help those with U.S.-dollar portfolios, said Mark Raes, head of product at BMO Global Asset Management Canada, in the release. IE Staff Share this article and your comments with peers on social media Facebook LinkedIn Twitter BMO launches new U.S. ETF series new label Olivier Le Moal iStockphoto An inhospitable environment for bond ETFslast_img

8,000 Students to Sit New CCSLC

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first_imgFacebookTwitterWhatsAppEmail Some 8,000 students have registered to sit the new Caribbean examination called the Caribbean Certificate of Secondary Level Competence (CCSLC), which is scheduled for June this year.The announcement was made by Dr. Lucy Steward, Registrar of the Caribbean Examination Council (CXC), at the launch of the new programme on (February 7), at the Knutsford Court Hotel.“This is a new programme and the Council is heartened by the significant number of students who are registered from across the region,” Dr. Steward said.She explained that since 1998 the Council has been conducting studies, and consulting policy makers and educators in order to develop a secondary level programme that would meet the needs of students with a wide range of abilities.Dr. Steward also pointed out that the need for such a programme became even more critical with the achievement of universal secondary education in CXC participating territories.“During regional consultations, policy makers agreed that a regional programme certified by CXC will have greater currency than national certification. Also through regional co-operation, territories will be able to achieve economies of scale in areas such as syllabus development, examination preparation and administration,” said Dr. Steward.The programme provides instructions for the development of skills, such as oral and written communication, mathematical literacy, problem solving, critical thinking, informed decision making, handling conflict and social and citizenship skills.“There are two compulsory subjects, English and Mathematics. In order to obtain the CCSLC the student can select from several options, including technical and vocational level one programmes; Caribbean Secondary Education Certificate (CSEC), business and technical subjects; the creative arts, for example music certified by CXC or other recognised boards, and local programmes developed and examined in accordance with guidelines provided by CXC,” explained Dr. Steward.She noted that the programme “provides students with an opportunity to demonstrate their talent and abilities and to experience success”.Permanent Secretary in the Ministry of Education and Youth, Maria Jones said that the launch of the new examination should be seen as a milestone in the development of Jamaica’s education system.“The Caribbean Examination Council is telling Jamaica, the region and the world, that CCSLC will be a certification of quality, which indicates that the holder has been prepared for further education, and training for entry level employment or for transition to other programmes, such as CSEC and technical vocational education and training (TVET),” said Mrs. Jones.Minister of State in the Ministry of Education and Youth, Senator Noel Monteith said the examination is designed to “certify the knowledge, generic competencies and attitudes and values all secondary school leavers should have attained”.“Its aim is to merge both the technical, general and vocational subjects as well as develop certain competencies to give school leavers the best opportunity to move into the next stage of their development,” added the State Minister.He pointed out that the CCSLC provided an alternative path to ensure that all school leavers at this level are certified.The candidate will be awarded the CCSLC if he or she, over a period of up to three years, successfully completes a minimum of five subjects. A certificate will be awarded after a candidate achieves a minimum of Competent in five subjects within a three year period. Related8,000 Students to Sit New CCSLC 8,000 Students to Sit New CCSLC UncategorizedFebruary 8, 2007 Related8,000 Students to Sit New CCSLCcenter_img Related8,000 Students to Sit New CCSLC Advertisementslast_img

ODPEM to Receive $72.9 Million for Landslide Risk Reduction Project

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first_imgAdvertisements FacebookTwitterWhatsAppEmail ODPEM to Receive $72.9 Million for Landslide Risk Reduction ProjectJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay ODPEM to Receive $72.9 Million for Landslide Risk Reduction Project Budget 2014/2015April 10, 2014Written by: Alecia Smith-Edwards The Office of Disaster Preparedness and Emergency Management (ODPEM) is to continue implementing the Community-Based Landslide Risk Reduction project this fiscal year with a provision of $72.9 million.This sum has been set aside in the 2014/15 Estimates of Expenditure, currently being reviewed by the Standing Finance Committee of the House of Representatives.The project seeks to reduce the risk of natural disasters in vulnerable communities, and to provide an evidence-based toolkit for vulnerability reduction throughout the Caribbean.Up to March 2014 under the project, four designs of small landslide drainage plan/micro mitigation for four selected communities were completed; and three of the nine chapters for inclusion in the Jamaica Toolkit (Community Selection, Engagement, Mapping and Training) drafted.In addition, a training and communications plan has been developed; visibility and awareness-raising activities have been conducted in the four targeted communities; and Community Disaster Risk Management (CDRM) groups have been established in three of the four communities.For fiscal year 2014/15, construction of drainage infrastructure in the four targeted communities is to commence; training of community members and government officials will be conducted; a training video and documentary will be produced; and a workshop will be conducted with local authorities for awareness raising dissemination.In addition, it is anticipated that visibility activities including: design and placement of community project signs, the use of promotional items, billboards and murals, will be conducted.Funded by the International Bank for Reconstruction and Development, and the Government of Jamaica, the project, will run from April, 2014 to December, 2014. RelatedRiverton City Landfill Access Road to be Repairedcenter_img Photo: JIS Photographer Related$27 Million for Initiatives to Improve Children’s Learning Environment RelatedIncreased Access to ICT Services Story HighlightsODPEM is to continue implementing the Community-Based Landslide Risk Reduction project this fiscal year with a provision of $72.9 million.The project seeks to reduce the risk of natural disasters in vulnerable communities, and to provide an evidence-based toolkit for vulnerability reduction throughout the Caribbean.Up to March 2014 under the project, four designs of small landslide drainage plan/micro mitigation for four selected communities were completed.last_img

Vienna Start up Package

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first_img Leave a Reply Cancel ReplyYou must be logged in to post a comment. LinkedIn 0 Deadline: 31 January 2017Open to: international start-ups who want to develop their business idea in Vienna and Germany, Austria and SwitzerlandScholarship: cost of travel to Vienna (within Europe) and accommodation for two monthsDescriptionThe Vienna Business Agency start-up package supports selected international start-ups who want to develop their business idea in Vienna and Germany, Austria and Switzerland. In 2016 the Package was awarded to 10 startups from Czech Republic, Poland, Serbia, Bulgaria, South Korea, Slovakia, UAE, Japan and Hungary.EligibilityAn essential condition for participation in the Program is that the Start-up commits itself to fully participate in the program fully and be physically present in Vienna for at least two months during the program;All Start-ups require sufficient financial resources to sustain themselves regarding day-to-day living expenses for the duration of the Program (except for costs related to accommodation and Co-Working Space);The Vienna Business Agency intends to select 6 Start-ups to participate in the Program. The Vienna Business Agency reserves the right to award participation to more or fewer Start-ups and is not obliged to award participation to any applicants.ScholarshipThe Vienna Start-up Package includes:Cost of travel to Vienna (within Europe);Accommodation for two months;Place in a Co-Working Space for two months;Ticket for the Pioneers Festival 2017;10-hours Coaching worth 2000 EUR;Exclusive introduction to Vienna´s startup scene.All dates concerning travel and residency will be determined by the Vienna Business Agency and the startup. All costs for any changes without a reasonable justification (e.g. illness, fatal causalities) are at the expenses of the start-up.How to Apply?The Vienna Business Agency will not reimburse any costs incurred in submitting an application.By submitting the application, the Start-up agrees to the procedures, regulations and set requirements as stated in the guidelines.The Vienna Business Agency reserves all rights to at all time to stop or discontinue the application process without being obliged to reimburse the costs of the applicant.More information on the official website. Reddit The Masters Review Flash Fiction Contest 2021 Volunteer Judge for the Queen’s Commonwealth Essay Competition 2021 +1 Pocket ← Scholarships for Developing Countries at University of Bonncenter_img Tweet The Royal Horticultural Society Photographic Competition Membership and Governance Coordinator → December 26, 2016 Published by emmanuel Similar Stories Share 0 Vienna Start up Packagelast_img

Museums get green light to reopen in New York City

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first_imgThe Metropolitan Museum of Art and The American Museum of Natural History (Photos by Rob Kim/Getty Images)New York City museums now have the green light to reopen starting Aug. 24.Gov. Andrew Cuomo’s go-ahead comes roughly a month after the city entered Phase 4 of reopening from the pandemic lockdown in mid-July, according to the Wall Street Journal. Cuomo had postponed the reopening of museums, gyms, indoor dining and movie theaters, citing concerns about the safety of indoor activities.Read moreWhat NYC’s phase 4 means for real estateOutdoor dining to return next summer — for restaurants that surviveNew York City indoor dining postponed indefinitely Share via Shortlink Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink The state’s overall infection rate has remained low in the past few weeks, giving officials confidence that museums can safely resume operations at limited capacity.Museums must cap occupancy at 25 percent, issue timed tickets to ensure staggered entry and require visitors to wear face masks at all times, Cuomo said.The Metropolitan Museum of Art is scheduled to reopen Aug. 29. Visitors ages 2 and older will be required to wear face coverings and maintain social distancing.The American Museum of Natural History is set to reopen Sept. 2 for members and Sept. 9 for the general public, with similar requirements for visitors in place. The museum has reportedly updated ventilation systems and added plexiglass barriers to ticket counters.The Museum of Jewish Heritage is scheduled to reopen Sept. 9 for three days a week, down from its previous schedule of six days a week. [WSJ] — Akiko Matsuda TagsCoronavirusMuseumslast_img

Menendez, Booker and many others gather for We Are One NJ…

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first_imgJersey CityNews News By John Heinis - October 28, 2014 5:58 pm 1 Bayonne man pepper sprayed, arrested after punching cop in the face, authorities say RELATED ARTICLESMORE FROM AUTHOR TAGSbob menendezcory bookerdonald payne jrscaffoldtom degise SHARE Facebook Twitter October 30, 2014 12:53 am at 12:53 am Crime 1 COMMENT Police: 45-year-old man arrested for attempting to have sex with 15-year-old girl in Secaucus center_img Previous articleTom DeGise: Hudson County will help Union City DPW get through the winterNext articleHoboken names 21-year veteran Kenneth Ferrante new police chief John Heinis Bayonne The grand opening of the We Are One New Jersey – Hudson County Center brought dozens of people to the Hudson County Improvement Authority building, located at 830 Bergen Avenue in Jersey City, to hear several notable elected officials gush about the occasion. [fve]https://www.youtube.com/watch?v=5B0eDGEH834&feature=youtu.be[/fve]The center, located on the fourth floor, will provide several services to help legal immigrants became citizens of the United States. Hudson County Executive Tom DeGise, who received a ton of praise from other dignitaries for getting this project moving, was the first official to take the podium before introducing U.S. Sen. Bob Menendez (D-NJ). The Chairman of the Foreign Relations Committee is the son of Cuban immigrants and has been one of the most vocal advocates of immigration reform in recent memory. Menendez’s counterpart, U.S. Sen. Cory Booker – with the duo jokingly referred to as Batman and Robin throughout the day – also expressed how important this new facility can be. Tefere Gebre, the Executive Vice President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), gave a different perspective by telling his story of coming to America from Ethiopia in his youth. U.S. Rep. Donald Payne Jr. (D-10) praised the progressive thinking of his colleagues who helped make this endeavor possible.  Ex-North Bergen DPW supervisor loses appeal to overturn corruption conviction Menendez, Booker and many others gather for We Are One NJ grand opening Share on Facebook Tweet on Twitter Today's Cory Booker News - US 2016 Elections […] Menendez, Booker and many others gather for We Are One NJ grand opening Bob Menendez (D-NJ). The Chairman of the Foreign Relations Committee is the son of Cuban immigrants and has been one of the most vocal advocates of immigration reform in recent memory. Menendez's counterpart, U.S. Sen. Cory Booker – with the duo … Read more on Hudson County View […] Comments are closed.last_img