“Welcome SL government’s review of proscribed organisations and individuals – a commendable step to facilitate dialogue and engagement,” he had said in a tweet.The Government lifted the ban on several former LTTE front groups through a gazette notification published by the Government Printer last month. The British Government had last month welcomed the move by Sri Lanka to de-list several proscribed organisations and individuals. The British Foreign Office has issued an updated travel advice on Sri Lanka which takes note of the de-listing of two UK based diaspora groups.The updated travel advice issued today notes that on 20 November 2015, the Sri Lankan Government published a revised list of organisations and individuals proscribed under Sri Lankan law and the list no longer includes the British Tamil Forum (BTF) or the Global Tamil Forum (GTF). The British High Commissioner to Sri Lanka James Dauris had said that the review is a commendable step to facilitate dialogue and engagement. Signed by the Secretary to the Ministry of Defence as the Competent Authority, the gazette notification repeals the gazette issued by the former Government listing at least 15 organizations over alleged links with the LTTE.The amended list issued removes the ban on the London based Global Tamil Forum (GTF), the British Tamil Forum (BTF), Australian Tamil Congress (ATC) and the Canadian Tamil Congress (CTC), among others.The new gazette notification has also lifted the ban on the head of the Global Tamil Forum, Father S.J. Emmanuel. (Colombo Gazette)
Three students drowned while bathing in the ‘Palhan Kuda Ella’ waterfall in Balangoda today.The Police said that the three students are university students.
Governor Iskandar Jawad Witwit of the Governorate of Babylon, of which Hilla is the major city, asked Mr. Vieira de Mello, Secretary-General Kofi Annan’s Special Representative, to play a larger role, since the people of Iraq trusted the UN as a neutral party.Sayyid Farqad Qazwini, a ranking clergyman at the Religious University of Hilla suggested that the UN should be a third party running the country’s affairs, together with Iraqis and the United States-run Coalition Provisional Authority (CPA).Mr. Qazwini told Mr. Vieira de Mello that the UN was the trusted party in Iraq and should undertake the responsibility of sealing off the country’s borders. As long as the borders are wide open, alien elements will enter the country with their own agenda and their own interest, he added.On the humanitarian front, the UN Development Fund for Women (UNIFEM) told a briefing it would start a program with international non-governmental organizations and local women’s groups to create an environment promoting equal participation for women in political and economic governance at local, regional and national levels.The World Health Organization (WHO) announced that its largest delivery of medical supplies in a single trip since the end of the war arrived in Baghdad earlier this week. The 40-truck convoy carried 500 tons of insulin, intravenous fluid, antiseptics and other supplies intended to last until the end of August.The Office of the UN High Commissioner for Refugees (UNHCR) said it would start registering 80,000 Palestinian refugees in Iraq by the beginning of next month in order to provide them with documents as a first measure of protection.Meanwhile, 5.5 million Iraqi children completed their year-end exams in an exercise aided by the UN Children’s Fund (UNICEF). Given the prevailing conditions, this can be considered as a major achievement, both for the children and their families as well as for the Iraqi Ministry of Education and UNICEF, agency spokesman Geoffrey Keele said. UNICEF’s support included the printing and delivering of 15 million exam booklets, stationery and pens across the country. It also provided computers and photocopiers and produced radio and TV campaigns to get the children back to school in time for the exams.
DOWNLOAD1. European Court of Justice rules on UK air quality case2. CLEPA e-mobility conference3. EU Passenger Car registration figures for October released4. First estimates of EU R&D spend for 2013 published5. Manufacturers and operators in joint call to EU on Weights and Dimensions proposals6. Week aheadClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
West Indies v Pakistan, 1st Test, Kingston Shannon Gabriel, the West Indies fast bowler, has been fined 50% of his match fee and handed three demerit points after an incident involving Sarfraz Ahmed on the fourth day in Kingston.Shannon Gabriel claimed 3 for 92 in Pakistan’s first innings (Photo: AFP)At the end of the 103rd over of Pakistan’s first innings, Gabriel’s 22nd, he deliberately made contact with Sarfraz at the non-striker’s end when collecting his cap from umpire Richard Illingworth who then had a word with Gabriel.Illingworth, along with the other umpires, later reported the incident and Gabriel was found to have breached Article 2.2.7 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to “Inappropriate and deliberate physical contact with a Player, Player Support Personnel, Umpire, Match Referee or any other Person (including a spectator) in the course of play during an International Match”.Gabriel admitted the offence and accepted the sanction from match referee Chris Broad so there was no need for a hearing. (ESPNCricinfo) Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Related
For many independent app developers, reaching the top of the iTunes charts is a sure way to fame and fortune. Well, maybe not fame, but certainly the fortune part is accurate. But how successful does an app have to be in order to reach that seemingly insurmountable peak? According to app tracking firm Distimo, it’s not actually as many as you think.For a free app to reach the top 25 apps, it has to be downloaded 38,400 times. A paid app only needs to be bought 3,530 times to break into this exclusive club. These numbers have come down slightly in recent months, probably because Apple has taken measures to stop download bots from being used to boost app rankings. Overall downloads have dropped by almost 30% since these anti-spamming rules went into effect.Distimo’s numbers are based on data accumulated from monitoring the US App Store during the month of April. In addition to the overall charts, Distimo evaluated the top charts in various categories. It found that reaching the upper echelon of a category like Games requires roughly 75-times more downloads than getting the top spot in, say, News.This analysis also confirms again that free apps get many times more traffic than paid ones. Many developers have begun concentrating on monetizing free apps with ads and in-app purchases. Distimo does remind us that the top spot might be the best way to get noticed, but even hitting the top 25 can bring a ton of new downloads. It’s also considerably easier to reach that level than to knock Angry Birds off its perch at the top.via InsideMobileApps
Total prêt à intervenir sur la plateforme d’ElginAprès que la torchère s’est éteinte d’elle même, Total s’est dit prêt à intervenir sur la plateforme d’Elgin, siège d’une fuite de gaz qui dure depuis une semaine. Celle-ci libère 200.000 kilomètres cubes de gaz par jour selon le groupe qui envisage plusieurs options pour y remédier.La situation s’améliore mais reste périlleuse en mer du Nord. Vendredi, la torchère qui laissait craindre une explosion au niveau de la plateforme d’Elgin s’est éteinte, permettant à Total d’envisager d’agir enfin une semaine après que la fuite gaz a été découverte. “La torchère s’est éteinte d’elle-même, ce à quoi nous nous attendions”, a déclaré à l’AFP un porte-parole de Total, Brian O’Neill, depuis Aberdeen, ville écossaise où le groupe a mis en place une cellule de crise. Toutefois, le risque d’explosion a diminué, sans totalement disparaître, selon Total.En effet, “il y a toujours du gaz qui s’échappe, et évidemment tant qu’il y a une fuite de gaz, il y a un risque d’étincelle et d’explosion. Un élément a été retiré de l’équation et en conséquence nous sommes dans une meilleure situation que pendant la semaine”, a expliqué à l’AFP Andrew Hogg, vice-président de la communication chez Total. Aujourd’hui, le groupe s’est donc dit prêt à intervenir. Néanmoins, il doit encore attendre le feu vert de l’autorité de sûreté britannique, Health and Safety Executive (HSE) pour déclencher l’opération. Une autorisation qui devrait arriver rapidement selon le groupe.D’ici là, Total travaille sur deux scénarios possibles pour mettre fin à son “plus gros incident en mer du Nord depuis au moins dix ans”. Identifiée la semaine dernière, l’origine de la fuite se situe à environ 4.000 mètres en-dessous du plancher marin, et le gaz à haute pression s’échappe au niveau de la plateforme. Dans ces conditions, le groupe envisage d’une part d’étouffer le puits à l’aide d’une base flottante et d’autre part, de construire deux puits de dérivation pour réduire la pression du gaz et permettre l’injection de boues pour enrayer la fuite. Mais cette dernière opération pourrait prendre jusqu’à 6 mois et ne débutera pas tout de suite.Une incidence “relativement faible” À lire aussiDengue : symptômes, traitement, prévention, où en est-on ?D’après Brian O’Neill cité par l’AFP, il faudra compter “sept à dix jours avant d’être en mesure de commencer le forage”. “Début de l’intervention sur la fuite possible dans 8 jours si les pompiers ont autorisation d’accès”, a ajouté pour sa part Christophe de Margerie, qui s’est défendu d’avoir manqué de transparence dans sa gestion de cette importante fuite. Selon les dernières informations données par Total, la fuite laisserait échapper 200.000 kilomètres cubes de gaz par jour mais celle-ci n’aurait qu’une incidence “relativement faible” sur l’environnement.Des dires bien entendu dénoncés et contredits par les écologistes. L’organisation de défense de l’environnement Greenpeace a d’ailleurs dépêché samedi après-midi un bateau sur les lieux pour vérifier l’ampleur de la pollution. Le navire devrait arriver lundi matin. “Nous allons rester sur place 24 heures. Bien que maintenus à l’écart de la plateforme car la zone d’exclusion est assez vaste, nous disposons de matériel pour procéder à des relevés atmosphériques” et des sédiments, a expliqué à l’AFP Christian Bussau, biologiste. Les résultats ne seront toutefois sûrement pas connus avant deux semaines. Le 2 avril 2012 à 09:37 • Maxime Lambert
Quand le Kinect sauve des viesLe détecteur de mouvement de la console Xbox 360 de Microsoft trouve des applications pour le moins surprenantes. Des chercheurs britanniques ont en effet mis au point un programme permettant de pratiquer la chirurgie vasculaire sans aucun contact.Quand le jeu vidéo sert l’Humanité… Depuis sa sortie, le Kinect de Microsoft ne cesse de voir “détourné” dans diverses discipline de la recherche. Une équipe de chercheurs britanniques alliant le King’s College de Londres, l’Université du Lancaster et le centre de recherche de Microsoft au Royaume-Uni a d’ailleurs réussi à mettre au point une application révolutionnaire qui est actuellement testé au sein du service de chirurgie vasculaire de l’Hôpital Saint-Thomas de Londres, explique CNET. Avec l’aide du Kinect, les médecins peuvent désormais opérer leur cœur de leurs patients sans aucun contact.Avec l’aide du capteur de mouvements de la console Xbox 360, ils peuvent créer une image en 3D de la zone à opérer des malades. Devant un écran, à l’aide de gestes et de leur voix, ils commandent des machines qui opèrent ainsi les patients, sans qu’ils ne soient donc jamais en contact avec eux. Une méthode qui présente deux avantages considérables pour les médecins puisque ceux-ci peuvent disposer d’une imagerie très détaillée de la zone à opérer et surtout qui permet une stérilisation absolue de l’environnement de la salle d’opération. Une donnée cruciale puisque les infections contractées durant cette phase sont un problème majeur dans les centres hospitaliers. Le 5 juin 2012 à 11:00 • Maxime Lambert
Related Items:#magneticmedianews, #MissUniversepageant2017, #YasmineCooke Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppMiss South Africa, Demi Leigh Nell Peters#UnitedStates, November 27, 2017 – Las Vegas – Miss Bahamas Universe Yasmine Cooke should have had a wonderful time in Las Vegas at the Miss Universe Pageant despite being unable to bring the coveted crown home to the 242. Cooke, a medical student at the University of the West Indies was a part of a stellar constellation, the largest competition ever for Miss Universe with 92 women entered as beauty ambassadors for their countries.The show unfolded at Planet Hollywood on Sunday night and creeping close to taking the crown, once again was Caribbean country, Jamaica. Davina Bennett got 2nd runner up in the pageant. First runner up was Miss Colombia Laura Gonzalez and winning the title of Miss Universe 2017-2018, was Miss South Africa, Demi Leigh Nell Peters.#MagneticMediaNews#MissUniversepageant2017#YasmineCooke
KUSI Newsroom August 16, 2018 105-year-old gets SDSU diploma 83 years after graduation KUSI Newsroom, 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsBill Vogt, the last remaining San Diego State University student to have attended classes at the old campus in University Heights, graduated mid-year in 1935 and did not receive his printed diploma.Now, at age 105 and 83 years later, Vogt will receive his diploma, retro-dated to Feb. 1, 1935, during a special event to be held Thursday, Aug. 16 at 12:30 p.m. Members of the media are invited to attend the event, to be held in the foyer of SDSU’s Parma Payne Goodall Alumni Center.SDSU President Adela de la Torre will present Vogt with his diploma, which lists his area of study as “commerce.” Sandra Cook, associate vice president for Academic Affairs, Enrollment, was instrumental in securing the diploma for Vogt.The presentation comes months after Vogt opted to become a lifetime member of SDSU Alumni. He is also believed the oldest person ever to become an SDSU Alumni lifetime member, which occurred in May.Vogt was among the first students to set foot on the current SDSU campus after it opened in 1931. After graduating in 1935, Vogt served in the United States Navy during the World War II, Korea and Vietnam wars, and spent several years working on the East Coast. Posted: August 16, 2018 Categories: Local San Diego News FacebookTwitter
(Photo courtesy Alaska State Troopers)A commercial airliner delivered the United States Honor Flag to Fairbanks yesterday. The flag, which flew at Ground Zero in New York following the 9-11 terrorist attacks, and has since traveled around the country to honor fallen law enforcement officers and fire fighters, was brought to Fairbanks to pay tribute to Alaska State Trooper Sergeant Patrick “Scott” Johnson and Trooper Gabe Rich, who were killed in Tanana last week.Download Audio
Video Playerhttps://cdn.hpm.io/wp-content/uploads/2017/08/25144550/alseabrookVIDEO.mp400:0000:0000:31Use Up/Down Arrow keys to increase or decrease volume. Share Some coastal communities in the Houston Galveston region are under mandatory evacuation orders.But most are just doing voluntary evacuations.Mary Robbins lives in Seabrook and says she doesn’t plan to leave.“we don’t think there’s any danger from high wind. And unless we get tired of being stuck in the house with too much rain, we’ll stick it out here” Seabrook sits on Galveston Bay near Kemah.Robbins says her house was built after Hurricane Ike and meets current standards on withstanding storm surge and high winds.
With the 3DS struggling to sell in line with Nintendo’s expectations, the decision to reduce the price of the hardware significantly must have been a difficult one, but the only thing Nintendo could do to encourage uptake. While that was great for those gamers yet to invest in Nintendo’s latest portable, it was a kick in the teeth for early adopters.To counteract any ill will, Nintendo setup the 3DS Ambassadors program ensuring that anyone who did pay the launch price for the 3DS would get 20 free downloadable games from the eShop. Those games become available on Thursday, September 1st, but until now we haven’t been told what the final list of titles are.Although we are still waiting for the full list to appear, Nintendo has at least confirmed the 10 NES/Famicon games Ambassadors will be able to download for free.The games include:Balloon FightDonkey Kong Jr.Ice ClimberMario Open GolfMetroidSuper Mario Bros.The Legend of ZeldaWrecking CrewYoshi’s EggZelda: Adventures of LinkAs someone who classifies as a 3DS Ambassador I have to say I’m quite happy about this. Remember, a number of these games may never see a general release as Nintendo is treating them as exclusives for the time being. If you add up the value of 20 download titles it also makes up for the price differential we paid for the machine.Currently, we don’t know if this list will remain the same outside of Japan, but see no reason for Nintendo to change the titles. We should know for sure by tomorrow as well as what the other 10 GBA games will be. At the moment only Made in Wario, Mario Kart Advance, Mario vs. Donkey Kong, Metroid Fusion, and Super Mario Advance 3 have been mentioned.While the Ambassadors program may be enough to keep early adopters happy, unless sales of the 3DS increase significantly over the coming months there’s rumors Nintendo may rethink the hardware. A re-release of the portable device under a new name and sporting a right analog stick may happen in 2012.via Andriasang
The Major League Baseball announces its Hall of Fame inductees today, renewing the yearly debate if players who are suspected of using steroids should be allowed into the Hall.The list of candidates under the cloud of steroid suspicion is headed by Barry Bonds and Roger Clemens. Both are unquestionably Hall of Fame talents, and both are suspected of using PED’s during their career.In terms of Hall of Fame voting, Bonds and Clemens’ induction, or continued exclusion from Cooperstown is essentially the statement from the baseball writers on their overall position regarding letting in suspected users.Today, in The Herd, Colin said that while the Mitchell Report outed steroid use in baseball, it was incomplete, and consisted of a random sampling of anecdotal players. No one can say definitively who used steroids and who was clean.“I have always said I would let all these steroid users in the Hall of Fame, because I don’t have a complete list. And if I don’t have a complete list, I’m just going to go on numbers. I’m not going to keep someone out of the Hall of Fame just because they showed up on a list.”Colin believes that without being able to determine whom all of the users were, the best thing to do is to induct players, even those suspected of using, into the Hall of Fame, based on their career numbers alone.“To me, if your numbers are good enough, you’re in.”The reality is, steroids happened. Great players used steroids. Some of them are already in the Hall of Fame. Baseball should stop trying to attain complete purity and just let the best players in. Close the chapter on the steroid era and move on. Every other sport already has.
Videos | AAPM | July 23, 2019 VIDEO: Bridging Diversity in Medical Physics to Improve Patient Care Cynthia McColl… read more By Marilyn M. Singleton, M.D., J.D.“Disruptive innovation” is all the buzz. Repealing the Affordable Care Act (ACA) is so last year. Well, disrupt this: Repeal Medicare and Medicaid and get the government out of the medical care business.The federal government appropriately began its involvement in healthcare in 1798 when Congress established the U.S. Marine Hospital Service. It should have ended with taking care of our soldiers and sailors.This is America, and the private sector knew what to do. The mid-1800s brought “sickness funds,” financed by small wage deductions. In the late 1800s, mining, lumber and railroad companies created industrial clinic plans that prepaid physicians a fixed monthly fee to provide medical care to employees. Workers were so satisfied with these that they rejected the idea of state-sponsored compulsory insurance.To guarantee payment in the midst of the Great Depression, pre-paid group plans were established. Hospital and surgical insurance featuring physician choice and fee-for-service payment was introduced in the 1930s. Government policies in the 1940s influenced the growth of employer-sponsored health insurance. Favorable tax treatment and World War II’s wage and price controls led employers to offer health insurance in lieu of higher wages.The poor were not forgotten. Charity hospitals developed from almshouses that cared for the poor. Public hospitals grew from community efforts to care for those who could not afford to care for themselves.By 1964, some 80 percent of Americans were privately insured with 821 companies offering individual plans. Health insurance was an affordable safety net because most people are healthy most of the time and people took care of their simple medical needs out of pocket. The challenge was insuring the poor-risk top 5 percent of health consumers who spend half of the medical dollars. The government could have — but did not — use the opportunity to encourage the private sector to innovate practical, cost-effective insurance products and launch public education campaigns to invigorate community public hospitals.Unfortunately, the Sixties brought us far more than flower power. After an uphill battle fighting images of wizened widows without medical care, the Kerr-Mills Act of 1960 giving federal funding to the states to help low-income seniors with their medical bills was passed. This opened the door to a bureaucratic monster that took on a life of its own.The Great Society’s social engineers would not be satisfied until the government burrowed deeper into medical care. Thus Medicaid for all the “medically indigent” and Medicare for all seniors (aka middle-class welfare) were born.And since money grows on third-party and government trees, medical costs were ignored, and expenditures dramatically increased from 5 percent of gross domestic product (GDP) in 1960 to 17.9 percent in 2016. And at 28 percent, healthcare expenditures are the single largest piece of the federal budget pie.The ACA’s justification for commandeering the remainder of the health insurance market was to rid our nation of the uninsured. Yet six years later, the nation’s uninsured dropped a mere 3.8 percent, and premiums have more than doubled. The number one reason the current uninsured did not buy insurance was because the cost was too high. Of course it was. The ACA’s mandated “free” benefits had to be paid for somehow. Worse yet, it now takes a Herculean effort to find individual health insurance; nationally, there are only 3.5 issuers in the ACA marketplace.Medicare and Medicaid began the upending of the health insurance business. These programs became the siren call, enticing us to cede control over our health to disinterested third parties and middlemen. Government largesse led us to accept blind pricing as the norm. Where else do you buy something before you know what it costs? Freebies lured us into relinquishing our privacy to government data banks and now leave us longing for the comfort and simplicity of a computer-free doctor visit.Medicare and Medicaid started us down the road to dependency and government control. The nightmare has become a reality — when government controls your medical care, it controls your life and death through treatment denials and Medicare’s ever-expanding direct-to-hospice pathway.In the 1950s drama “The High and the Mighty,” airplane passengers were forced to throw all their baggage into the Pacific Ocean to save themselves from certain doom. Likewise it’s time to shed our government healthcare baggage and move forward. News | Radiation Oncology | July 17, 2019 CMS Proposes New Alternative Payment Model for Radiation Oncology The Centers for Medicare and Medicaid Services (CMS) issued a proposal for an advanced alternative payment model (APM)… read more Demand for ultrasound scans at U.S. outpatient centers could grow by double digits over the next five years, according to a speaker at AHRA 2019. A variety of factors, however, could cause projections for this and other modalities to change. Graphic courtesy of Pixabay Videos | Radiology Business | August 02, 2019 VIDEO: Key Topics for Radiology Administrators at AHRA 2019 Association for Medical Imaging Management (AHRA) President … read more Marilyn M. Singleton, M.D., J.D., is a board-certified anesthesiologist and Board of Directors member and president-elect of the Association of American Physicians and Surgeons. FacebookTwitterLinkedInPrint分享 Feature | Radiology Business | July 23, 2019 | Greg Freiherr Liars in Radiology Beware! Can you tell when someone is lying? read more Feature | Radiology Business | July 22, 2019 | By Greg Freiherr Payment Models Seek Traction in Transition from Volume Efforts to reform healthcare are booming, b read more Feature | Radiology Imaging | July 29, 2019 | By Greg Freiherr Imaging Market in U.S. Could Rise In Coming Years The coming years may be good for the medical imaging community in the United States. But they will not be easy. read more Feature | Radiology Business | September 07, 2018 | By Marilyn M. Singleton, M.D., J.D. Jettison Medicare and Medicaid If You Want Real Healthcare Reform A doctor’s viewpoint on how the government became involved in healthcare PreviousNext Body language expert Traci Brown spoke at the AHRA 2019 meeting on how to identify when a person is not being honest by their body language. She said medical imaging department administrators can use this knowledge to help in hiring decisions and managing staff. John Carrino, M.D., M.Ph., presents “Challenges and Opportunities for Radiology to Prove Value in Alternative Payment Models” at AHRA 2019. Photo by Greg Freiherr Feature | Information Technology | July 31, 2019 | By Greg Freiherr How Smart Devices Can Improve Efficiency Innovation is trending toward improved efficiency — but not at the expense of patient safety, according to… read more Related Content News | Radiology Business | August 01, 2019 Philips Completes Acquisition of Carestream Health’s HCIS Business … read more News | Radiology Imaging | July 22, 2019 AHRA and Canon Medical Systems Support the 12th Annual Putting Patients First Program For the past twelve years, Canon Medical Systems USA, Inc. has partnered with read more Key Topics for Radiology Administrators at AHRA 2019Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 7:33Loaded: 2.15%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -7:33 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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Feature | Radiology Business | July 18, 2019 | By Stefanie Manack and Judy Zakutny Finding A Common Data Language for Radiology Approximately 30 percent of a hospital or health system’s profit comes from imaging according, to… read more Image by rawpixel from Pixabay By Marilyn M. Singleton, M.D., J.D.
August 19, 2014 503 Views Lawmakers Urge Fed to Rein in Bailout Powers Bailouts Federal Reserve House Politics Senate 2014-08-19 Ryan Schuette Fifteen Senate and House lawmakers called on Federal Reserve Chair Janet Yellen on Monday to strengthen a proposed rule checking the central bank’s ability to lend vast sums of money to large banks in a crisis.In a rare show of bipartisanship, Sens. Elizabeth Warren (D-Massachusetts) and David Vitter (R-Louisiana) joined four other senators and nine House members in a letter that warned against a weak proposed rule that signers said would fail to place “meaningful restrictions” on its ability to bail out financial institutions.”If the Board’s emergency lending authority is left unchecked, it can once again be used to provide massive bailouts to large financial institutions without any congressional action,” lawmakers wrote.If the Fed finalizes it, the current proposed rule would implement language under the Dodd-Frank Act designed to increase the number of banks eligible for emergency capital in a crisis and prevent the kind of widely criticized infusions to a few institutions that took place in the Great Recession.Critics—like the group lawmakers—believe it doesn’t go far enough.The letter cited a lack of penalties and time limit, with Warren, Vitter, and other signers calling for penalty rates, more procedures, and broader definitions to accommodate more than just large financial institutions.Another complaint is that the rule would allow Fed governors to sidestep elected officials. Under the current rule, the Fed would only need a vote from five board members in order to authorize bank loans.”The Board’s proposed rule fails to strike the appropriate balance between promoting financial stability and mitigating moral hazard among the largest financial institutions,” signers added.Criticism persists after the 2008 financial crisis, which saw the Fed, under then-Chairman Ben Bernanke, dole out trillions of dollars to large financial institutions in danger of collapsing from the subprime loan contagion.Monday’s letter cited a study that traced more than $29 trillion in emergency loans back to the Fed. The largest borrowers included “too-big-to-fail” institutions like Citigroup, Goldman Sachs, and Morgan Stanley.Lawmakers wrote and passed Dodd-Frank in response, but some four years in, federal agencies continue to lag in drawing up all 398 required rules, which are subject to long commentary periods and consultations.According to law firm Davis Polk, by 2014, regulators have passed and finalized just more than half of those rules.Rule-makers missed just less than half of the deadlines for the same rules and still need to propose about a quarter more for Dodd-Frank to completely take effect. Share in Daily Dose, Government, Headlines, News
Beverly Hills, California – Reported by Elite Traveler, the Private Jet Lifestyle MagazineSouthern California’s premier luxury watch retailer, Westime, will open the doors to its third boutique this spring.The new 2,500-square-foot space is located in the ultra-exclusive seaside community of La Jolla, just north of San Diego. Situated in the heart of the city’s shopping thoroughfare, and boasting a carefully edited selection of timepieces for both men and women, Westime La Jolla will serve as a sister location to the company’s existing flagships in Los Angeles and Beverly Hills.“As Westime continues to grow, adding a third location in an affluent community is the natural next step,” said Westime president Greg Simonian of the company’s latest opening. “La Jolla has three ingredients that make it our first choice for a new boutique: Sophisticated year-round residents, high-end visitors and second-home owners, and one of the most beautiful coastal settings in the country.”Visit www.westime.com.
Comedian Howie Mandel, one of the new co-owners of the Just for Laughs comedy festival, is seen at the company’s headquarters Tuesday, May 15, 2018 in Montreal.THE CANADIAN PRESS/Ryan Remiorz MONTREAL – Just For Laughs has announced that Howie Mandel, Russell Peters and David Cross will be part of this year’s lineup.The comedy festival said today that Ken Jeong, Iliza, Kenya Barris, Maria Bamford and Roy Wood Jr. will also join previously announced performers including Kevin Hart and Trevor Noah.Mandel will host his fourth consecutive Just For Laughs gala but his first since becoming co-owner.The Canadian-born comedian led an investor group that acquired the festival in March after it was put up for sale following allegations of sexual assault and sexual harassment against festival founder Gilbert Rozon.Rozon, who stepped down as president in October, said he would sell his shares in the company in response to the allegations, which he has denied and have not been proven in court.Mandel said Tuesday this year’s festival would be bigger than ever and that the event was never about just one person. by The Canadian Press Posted May 16, 2018 8:18 am PDT Last Updated May 16, 2018 at 9:00 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Howie Mandel, Russell Peters join Just For Laughs as festival unveils more acts
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