Rank Group shareholders hit bingo as group ups its takings

first_img whatsapp Show Comments ▼ Friday 21 August 2015 5:30 am Share Tags: NULL RANK Group yesterday published full year results to 30 June, reporting double digit growth in pre-tax profits.The gambling firm, which has extensive holdings in digital and physical gaming operations such as Mecca Bingo, said pre-tax profits were up 19 per cent to £74.1m, while revenue had grown three per cent to £700.7m.Rank increased the value of its dividend to 5.6p, a gain for shareholders of 24 per cent. Earnings per share were up 18 per cent to 14.6p. Rank Group chief executive Henry Birch said: “I am delighted to be announcing a significant improvement in our performance with a strong set of results and profit growth across all our brands.“We are particularly pleased that the strong digital growth we reported at our interims continues and we remain on track to implement a new digital platform in early 2016.”Shares in Rank Group jumped five per cent to close at 262.6p. whatsapp Express KCS Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Rank Group shareholders hit bingo as group ups its takings last_img read more

Senators push HHS to take legal action against Gilead over a patent for an HIV drug

first_img Senators push HHS to take legal action against Gilead over a patent for an HIV drug Pharmalot Log In | Learn More Justin Sullivan/Getty Images [email protected] About the Author Reprints What is it? What’s included? Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Ed Silvermancenter_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. Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED GET STARTED Several U.S. senators have asked the Health and Human Services Department to explain what, if any, steps are being taken to ensure that patents held by the federal government on an HIV prevention pill are properly licensed. The lawmakers also asked agency officials to demonstrate how they take into account whether medicines are affordable when considering licensing patents.The move comes as AIDS activists have criticized the Centers for Disease Control and Prevention for failing to reach a deal with Gilead Sciences (GILD) over royalties on its sales of the Truvada pill. The activists complain that a high price has dissuaded people from using the drug and hope any funds that could become available from royalties would be used for combating the virus. By Ed Silverman April 24, 2019 Reprints @Pharmalot 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. Tags Congressdrug pricingHIV/AIDSlegalpharmaceuticalsSTAT+last_img read more

Deaths in Laois – Tuesday, September 4, 2018

first_img Community Twitter WhatsApp Council RELATED ARTICLESMORE FROM AUTHOR Deaths in Laois – Tuesday, September 4, 2018 Community Below are the recent deaths in Laois.Ar Dheis De go raibh a anam.Joe CarrollMarian Ave., Portlaoise, LaoisPeacefully at home in the loving care of his family. Joe, beloved husband of Mary and dearly loved dad to Marie and Tracy. Predeceased by his sister Marie. Deeply regretted by his loving family, brother Liam, son-in-law Des, cousins, relatives and extended family. Reposing at his residence from 6 pm on Monday with rosary at 9 pm. Reposing on Tuesday with rosary at 9 pm. Removal on Wednesday morning to arrive at SS Peter and Paul’s Church for 10 am Requiem Mass. Interment afterwards in SS Peter and Paul’s Cemetery, Portlaoise. Family flowers only, donations if desired to ICU Portlaoise Regional Hosp. or Palliative CareMaureen Mulhall (née Delaney)Coolanowle, Ballickmoyler, Carlow / Ballyroan, LaoisIn her 95th year. In the loving care of the staff at Hillview Nursing Home, Carlow. Pre-deceased by her husband Paddy. Deeply regretted by her loving daughter Catherine, sons Jimmy, Terry and Pat, daughter-in-law Bernadine, son-in-law Tom, cousins, grand-children, great-grandchildren, nephews, nieces, neighbours, relatives and friends. Reposing at her residence (Eir Code R93 C3K4) from 2pm on Monday with Rosary at 9pm. Removal at 1.30pm on Tuesday afternoon to arrive at the Church of the Sacred Heart, Arles for Requiem Mass at 2pm. Burial afterwards in the adjoining cemetery.Ollie DowlingClonad, Portlaoise, LaoisSuddenly at the Midlands Regional Hospital, Portlaoise, Co. Laois. Pre-deceased by his wife Mary. Deeply regretted by his loving daughters Margaret, Tara, Annette, Katherine & Mary, sons Oliver & Marty, daughter-in-law Denise, grandchildren Sophie, Adam & Kiera. Brothers, sisters, brothers-in-law, sisters-in-law, nieces, nephews, neighbours, relatives and a large circle of friends. Funeral Arrangements to follow.Bríd Davin (née Butler)Eglish, Rathdowney, LaoisDavin nee Butler, Eglish, Rathdowney, Co. Laois. September 1st 2018. Peacefully at Portlaoise Regional Hospital. Bríd former Public Health Nurse, Rathdowney/Errill. Predeceased by her husband Tim and her brothers and sisters Eileen, Mary, Ned, Thomas, Kay and Ann. Sadly mourned by her family Martin and Lena, Aine and Jer, her sister Joan, sisters in law, brothers in law, nephews, nieces and a large circle of friends. Reposing at her home on Sunday evening from 2pm with rosary at 8pm. Funeral Mass on Monday at 12 noon in the Church of The Holy Trinity, Rathdowney, followed by burial in Rathdowney local cemetery.Family flowers only by request. Donations to the Irish Cancer Society.John ConroyDerrycarrow, Camross, LaoisJohn Conroy, Derrycarrow, Camross, Co. Laois. Died 31st August 2018 (unexpectedly) at the Midlands Regional Hospital Portlaoise, surrounded by his loving family. Deeply regretted by his loving wife Phil, sons, daughters, sisters, grandchildren, great-grandchildren, nephews, nieces, extended family, neighbours and friends. Reposing at Burke’s Funeral Home, Mountrath, on Sunday afternoon from 3 o’clock, with removal at 7 o’clock to St. Fergal’s Church, Camross, arriving at 7.30pm (via Cardtown). Requiem Mass on Monday morning at 11 o’clock, followed by burial in the adjoining cemetery.Maureen Mulhall (née Delaney)Coolanowle, Ballickmoyler, Carlow/Ballyroan, LaoisIn her 95th year. In the loving care of the staff at Hillview Nursing Home, Carlow. Pre-deceased by her husband Paddy. Deeply regretted by her loving daughter Catherine, sons Jimmy, Terry and Pat, daughter-in-law Bernadine, son-in-law Tom, cousins, grand-children, great-grandchildren, nephews, nieces, neighbours, relatives and friends. Funeral details to follow.Ahmeed AgoroChurch Ave, Portlaoise, LaoisAgoro. Ahmeed, Church Ave., Portlaoise, 27th Aug. 2018. Peacefully at Tullamore Regioal Hosp. Deeply regretted by his wife Iyabode, family Bukky, Ade, Ola, Tanwa, and Mide. Beloved son of Shaki and grandfather to Rasak and Rasheed.Reposing at Keegan’s Funeral Home, Portlaoise from 6 pm until 7 pm on Friday evening. Removal on Saturday to SS Peter and Paul’s Church for 10 am Requiem Mass. Interment afterwards in SS Peter and Paul’s Cemetery, Portlaoise.SEE ALSO – Deaths in Laois – Monday, September 3, 2018 Facebook TAGSDeaths in Laois Facebook WhatsApp By Alan Hartnett – 4th September 2018 Previous articleTwitter reacts to ‘The Town’ documentary on PortlaoiseNext articleOur updated hurling rankings as teams get down to serious championship business Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Twitter Five Laois monuments to receive almost €200,000 in government funding Home Deaths Deaths in Laois – Tuesday, September 4, 2018 Deaths Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Pinterest Pinterest New Arles road opens but disquiet over who was invited to official openinglast_img read more

Ministry of Sports to Host International Congress

first_imgFacebookTwitterWhatsAppEmail The Ministry of Information, Culture, Youth and Sports (MICYS), in association with the United Nations Educational, Scientific and Cultural Organisation (UNESCO), will be hosting the International Congress on Sport for Peace and Development, from September 13 to 16, in Kingston.Permanent Secretary in the Ministry, Faith Innerarity, told JIS News, that the Ministry is very excited to host the event.“The MICYS is really excited about the prospects of this congress, bearing in mind that we will have persons from all over the world here. This is really something very good, for the country to showcase what it is that we have been doing well, and also to move forward in terms of our own national agenda, in expanding development efforts at the community level, especially in those communities that are more disadvantaged,” the Permanent Secretary said.Mrs. Innerarity believes that it is only fitting that Jamaica hosts such an event, given its standing internationally in sports.“UNESCO invited Jamaica to host this conference, because the country was considered ideal, not only because of our membership in the Intergovernmental Committee on Physical Education and Sport (CIGEPS), but also because of the involvement of Jamaica in sports at the international level and taking into account our performances at the Olympics,” she noted.“They expect that, at this conference, the countries that are going to be represented will be very interested in Jamaica and our best practices in terms of the development of our athletes and the sports programmes that are currently in operation in Jamaica,” Mrs. Innerarity explained, while adding that “already we have had requests from some of the delegations that are going to be visiting Jamaica, to see various programmes and speak to different officials who are involved in sports.”The congress is a follow-up to the Symposium of Experts, that was held at UNESCO in November 2007, following UNESCO’s 34th General Conference. The participants at that Symposium of Experts, considered it important to establish a strategy for Sports and Physical Education and as such, drafted a Policy paper.It is expected that at the congress in Jamaica, this paper will be expanded and that there will be new ideas, which will serve as the fulcrum that will drive Sports for Peace and Development, at the global level.Over the duration of the congress, participants will exchange expertise and information, with the aim of empowering each other with knowledge on leading best practices, case studies and capacity building. They will also examine the ability of UNESCO to help member states to achieve the goals and objectives that will be set.“In respect of outcomes for this congress, it is expected that Government officials will share expertise and efforts in respect of Sports for Peace and Development and identify particular areas that need to be addressed. We will also be looking at UNESCO’s capacity and competence and how the organisation is placed to assist the various member countries,” Mrs. Innerarity pointed out.“The main outcome would be to define goals for UNESCO, to be achieved in the mid and long term. These goals would also relate to the countries, which are members of UNESCO, because the policies and goals which are established at the organisational level, are going to be implemented in the member states. We expect that even for Jamaica, this particular congress will assist us in defining our own sports policy,” she added. RelatedMinistry of Sports to Host International Congress RelatedMinistry of Sports to Host International Congress RelatedMinistry of Sports to Host International Congresscenter_img Ministry of Sports to Host International Congress UncategorizedSeptember 12, 2008 Advertisementslast_img read more

Boxing Board Turns to Youth to Breathe New Life Into the Sport

first_imgBoxing Board Turns to Youth to Breathe New Life Into the Sport CultureFebruary 28, 2009 FacebookTwitterWhatsAppEmail In an effort to breathe new life into the sport of boxing, the Jamaica Boxing Board of Control (JBBC) says it will be placing greater emphasis on the development of boxing among the youth.In an interview with JIS News, General Secretary of the JBBC, Leroy Brown, said that one of the things that the Board is trying to do is to get into places like Alpha, Boys Town, the SOS Village and heavily populated areas,such as Portmore, St. Catherine, where it is believed that there is a ready pool of boxing talent available.“If we can get those youngsters to start boxing, and if we can set up gyms and get proper training, the potential is endless,” Mr. Brown said.He said that while some people might be averse to the notion of youngsters being introduced to the sport of boxing, given the level of violence in society and the somewhat violent nature of the sport, there are many positives as it trains the mind, as well as teaches and reinforces discipline.“A lot of sports have a certain amount of violence in them, but the thing in boxing is that it is controlled. Boxing teaches you discipline, and this is what a lot of people forget that you go in the ring and it is structured. You don’t just go in there wild and throw(punches). It teaches you discipline and it teaches you skills. You have to use your brain and your motor skills, because hand/eye coordination is important,” he noted.“There are so many pluses to this sport, but many folks just look at the negatives. They see some blood and they use that little 5% to negate the 95% gain that can be had from the sport”, he continued.Mr. Brown further argued that for youngsters who excel, especially those from poor families, boxing can present life changing economic opportunities, as with other sports.“It is a tremendous outlet for youngsters and, you look worldwide, boxing takes youngsters off the streets and in many cases make them into millionaires. So the potential where boxing is concerned is extraordinary. This has happened through the years,” Mr. Brown claimed.He commented that all Jamaica’s top fighters were youngsters from the inner city and from poor families, including Bunny Grant, Michael McCallum and Trevor Berbick.He said that the success of those boxers was proof that Jamaica has the expertise to produce world class boxers. However, he admitted that professional boxing in Jamaica is in need of a renaissance.“I must confess that professional boxing is at a low in Jamaica that it hasn’t been for a very long time. All along the years we have had our professionals, but there has been a dearth where that is concerned”, he lamented.Fortunately, though, more vibrant gyms are cropping up and the boxing population is gradually increasing. Recently, there have been two new entrants – the Heavy Metal gym in St. Ann and the Stony Hill gym in St. Andrew.“These two are very vibrant gyms, especially the Stony Hill gym that has come into being since last year August, but is one of the most highly populated gyms right now. They have about 25 youngsters, both male and female. The Heavy Metal over in St. Ann has about 20 boxers that are coming to that gym on a regular basis”, he explained.This increase in activity helps the sport to produce role models that can inspire, he said, pointing to Nicholas Walters as one such boxer.“Right now, we have young Nicholas Walters from the Job Walters gym in Anchovy. He is in Panama. He turned professional in August last year and he has had 7 fights, 7 victories and he’s going to be fighting regularly in Panama this year,” he advises.“Now if Nicholas makes it, he could be the boxing ‘Bolt.’ He would be our latest role model and could help the sport in a lot of good ways. If he does well and goes back to Anchovy, where he’s already a hero because of his amateur successes, the effect he will have and, of course, many other youngsters just listening when they hear how good he’s doing they will want to be like Nick”, he suggests.But, Mr. Brown admits that for the resurgence and the potential to transition to tangible gains for the sport of boxing, sponsorship and quality trainers are essential.“Sponsorship is the key and we could do with a little more money from the government. Even if not financially, assistance with at least one coach from overseas to come in and help our trainers to train the boxers. If that happens, I think you will see the sport really taking off,” he remarked.In relation to corporate sponsorship, he says that last year the JBBC had some good sponsors.“The JBBC gets assistance from the Sports Development Foundation. Burger King gave us some money last year, along with Wisynco. If we had a few more companies like that, it would make a world of difference to us,” he pleaded.He also points out that there has also been assistance from other entities, such as Sun Island.The funding received from Burger King allows the board to put on bi-monthly shows, but Mr. Brown is convinced that if they had another sponsor like that, they could have a show every month.He said that the President of the JBBC, William Tavares-Finson, is in discussions with various people in the business sector.There is, at least, one firm commitment from a sponsor to support a few Professional-Amateur (Pro-Am) cards. If these discussions come to fruition, Mr. Brown is optimistic that 2009 will be “good for boxing.” RelatedBoxing Board Turns to Youth to Breathe New Life Into the Sport RelatedBoxing Board Turns to Youth to Breathe New Life Into the Sportcenter_img RelatedBoxing Board Turns to Youth to Breathe New Life Into the Sport Advertisementslast_img read more

Chinese premier vows to bolster political, economic ties with Jamaica

first_imgAdvertisements RelatedChinese premier vows to bolster political, economic ties with Jamaica FacebookTwitterWhatsAppEmail BEIJING, Feb. 3 (Xinhua) — Chinese Premier Wen Jiabao pledged Wednesday to continue China’s support to Jamaica’s economic development, saying the two sides should expand cooperation in infrastructure construction, mining and tourism.Wen made the remarks when meeting with his Jamaican counterpart Bruce Golding.“As the international financial crisis has posed severe impact on China and the Caribbean states, we should help each other, enhance cooperation, and jointly cope with challenges so as to consistently boost our friendly ties,” Wen said.China’s trade with Jamaica slipped by some 30 percent to 219 million U.S. dollars last year. However, China’s imports from Jamaica nearly tripled year on year, according to Chinese custom figures.He called on the two sides to bolster cooperation in infrastructure construction, mining industry and tourism, and said China is ready to support more cultural, educational and sports exchanges with Jamaica.“Jamaica is one of the first countries in the Caribbean region to establish diplomatic relations with the People’s Republic of China, it always adheres to the one-China policy, and the two peoples have friendly feelings toward each other,” Wen told Golding, who is on his first official visit to China.Wen pledged to boost exchanges with Jamaica at various levels, enhance coordination on international affairs and jointly safeguard the interests of developing countries.On climate change, Wen vowed to strengthen contact with small-island countries in urging developed countries to carry out their obligations of providing fund, technology and support for capability building of developing countries.“We comprehend and sympathize with the difficult situation small-island countries, including Jamaica, are in…and will jointly push forward international cooperation (in that aspect),” he said.Golding hailed Jamaica-China exchanges and cooperation in politics, economy and humanitarian fields.He pledged to stick to the one-China policy and voiced hope to expand trade and economic ties, as well as consultation on international affairs, with China.China’s prompt humanitarian aid to Haiti after the devastating earthquake last month indicated the friendship between Chinese and Caribbean people, he said.Golding appreciated China’s responsible attitude in tackling climate change and pledged to further cooperation with China.Golding arrived in Beijing Monday. During his five-day trip, Golding is also expected to meet with Chinese President Hu Jintao and Vice President Xi Jinping. Chinese premier vows to bolster political, economic ties with Jamaica Foreign AffairsFebruary 3, 2010center_img RelatedChinese premier vows to bolster political, economic ties with Jamaica RelatedChinese premier vows to bolster political, economic ties with Jamaicalast_img read more

Monetary Stimulus Continued

first_imgMonetary Stimulus Continued Tēnā koutou katoa,The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment objectives. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large Scale Asset Purchase and Funding for Lending programmes unchanged.The global economic outlook has continued to improve since the February Monetary Policy Statement. Ongoing fiscal and monetary stimulus are continuing to underpin the global recovery in economic activity. However, economic uncertainty remains elevated and divergences in economic growth both within and between countries are significant. New Zealand’s commodity export prices continue to benefit from robust global demand.Economic activity in New Zealand slowed over the summer months following the earlier rebound in domestic spending. Short-term data continues to be highly variable as a result of the economic impacts of COVID-19.The planned trans-Tasman travel arrangements should support incomes and employment in the tourism sector both in New Zealand and Australia. However, the net impact on overall domestic spending will be determined by the two-way nature of this travel. The extent of the dampening effect of the Government’s new housing policies on house price growth, and hence consumer price inflation and employment, will also take time to be observed.Overall, our medium-term outlook for growth remains similar to the scenario presented in the February Statement. This outlook remains highly uncertain, determined in large part by both health-related restrictions, and business and consumer confidence.Some temporary factors are leading to specific near-term price pressures. These factors include disruptions to global supply chains and higher oil prices. However, the Committee agreed that medium-term inflation and employment would likely remain below its remit targets in the absence of prolonged monetary stimulus.The Committee agreed to maintain its current stimulatory monetary settings until it is confident that consumer price inflation will be sustained at the 2 percent per annum target midpoint, and that employment is at or above its maximum sustainable level. Meeting these requirements will necessitate considerable time and patience. The Committee agreed that it was prepared to lower the OCR if required.Meitaki, thanks.Summary Record of Meeting The Monetary Policy Committee noted how economic conditions had evolved since the February Statement. The global growth outlook has improved, partly due to the commitment to ongoing monetary and fiscal stimulus and the progression of vaccination programmes. However, the recovery in growth is uneven across countries. Persistent economic uncertainty continues due to the spread and mutation of COVID-19.Economic activity in New Zealand slowed over the summer months following the earlier rebound in domestic activity. December quarter GDP was weaker than expected and more recent indicators suggest that momentum has reduced. Some members noted that supply chain disruptions could potentially constrain domestic activity in the near term. In addition, business credit growth and investment remains subdued.The planned trans-Tasman travel arrangements should support incomes and employment in the tourism sector both in New Zealand and Australia. However, the net impact on overall spending will be determined by the two-way nature of this travel. Robust export commodity prices have supported New Zealand’s terms of trade. The Government’s new housing policies are likely to dampen house price growth, but the extent of the effect and implications for consumer price inflation, and employment will take time to be observed. Overall, the Committee judged the medium-term outlook for growth as broadly similar to the scenario presented in the February Statement.As expected in the February Statement, the Committee noted evidence that near-term price increases are likely, and these will see headline inflation exceed 2 percent for a period. However, members consider the impact on inflation from supply chain disruptions and oil price increases to be temporary.Inflation expectations remain at or below the 2 percent target midpoint. Members noted a risk that higher headline inflation, if sustained, may feed into higher inflationary expectations. The Committee agreed that the interaction between price and wage inflation and inflation expectations will be important in determining the sustainability of inflation pressures in the medium term.Members agreed that employment is below its maximum sustainable level and expect employment to increase gradually over the medium term. The Committee noted that employment outcomes are uneven across the economy with some firms having difficulty finding skilled labour as a result of border restrictions and skills mismatches.Following the February Monetary Policy Statement, the Minister of Finance issued a new remit for the Monetary Policy Committee and issued the Bank a direction specifically relating to its financial stability mandate.Monetary Policy Committee members noted the Committee’s new remit and emphasised it was important to clarify that the objectives of monetary policy in the new remit remain unchanged: to maintain a stable general level of prices over the medium term and support maximum sustainable employment. The Committee believe that ongoing stimulatory monetary policy is necessary to achieve these objectives over the medium term.The new remit requires the Committee to outline the impact of its decisions on the Government’s policy relating to sustainable house prices. The Committee’s initial assessment is that stimulatory monetary policy is playing a role in lifting house prices. Other factors are also influencing house prices including: the impact of low global interest rates on all asset prices, constrained housing supply and infrastructure, land use regulations, tax policies and the broader recovery in aggregate demand.The Committee also discussed the broader distributional impacts of lower interest rates. Members noted that lower interest rates make it easier to service mortgages, while also putting upward pressure on house prices, making the required deposit to buy a house larger. Stimulatory monetary policy also supports employment and incomes over the medium term, which improves the ability to save for a deposit or service a mortgage and broader economic wellbeing.As distinct from the Monetary Policy Committee’s remit, the Bank has been directed under its financial stability mandate to have regard to the Government’s policy of supporting more sustainable house prices, including by dampening investor demand for existing housing stock, which would improve affordability for first-home buyers. Staff presented and discussed a preliminary suite of indicators assessing house price sustainability with the Committee. Preliminary assessments on the Bank’s response to the Ministerial direction will be included in the May Financial Stability Report.Overall, the Committee agreed that the risks to the economic outlook remain balanced, conditional on ongoing stimulatory fiscal and monetary policies. The Committee agreed that, in line with its least regrets framework, it would not remove monetary stimulus until it had confidence that it is sustainably achieving the consumer price inflation and employment objectives. Given that uncertainty remains elevated, gaining this confidence is expected to take considerable time and patience. While doing so, the Committee agreed to look through any temporary factors driving prices as required by the remit, and noted that there will be periods during which inflation will be above the 2 percent target per annum midpoint.The Committee discussed the effectiveness of monetary policy settings since the February Statement. The Committee agreed to continue with the Large Scale Asset Purchase (LSAP) programme. Staff noted that reduced government bond issuance was placing less upward pressure on New Zealand government bond yields and providing less scope for LSAP purchases. Members also noted that the proceeds from the upcoming maturity of the May 2021 New Zealand Government Bond would be reinvested over time as part of the weekly purchases. The Committee affirmed that weekly changes in the LSAP do not represent a change in monetary policy stance. Staff would continue to adjust weekly bond purchases as appropriate, taking into account market functioning.Staff advice noted that average bank funding costs continue to decline and remain near historic lows. Members noted that while wholesale interest rates had been volatile, retail interest rates were broadly unchanged. As a result of stable retail interest rates, household cashflow positions are continuing to improve as fixed mortgages reprice at lower interest rates. The Committee agreed that any increase in bank lending rates would be premature given the current economic outlook.The Committee agreed to maintain its current stimulatory monetary settings until it is confident that consumer price inflation will be sustained at the 2 percent per annum target midpoint, and that employment is at or above its maximum sustainable level. The Committee expects a prolonged period of time to pass before these conditions are met.The Committee agreed that it was prepared to lower the Official Cash Rate (OCR) if required.On Wednesday 14 April, the Committee reached a consensus to:hold the OCR at 0.25 percent;maintain the existing LSAP programme of a maximum of $100 billion by June 2022; andmaintain the existing Funding for Lending Programme (FLP) conditions.Attendees:Reserve Bank staff: Adrian Orr, Geoff Bascand, Christian Hawkesby, Yuong HaExternal: Bob Buckle, Peter Harris, Caroline SaundersObserver: Caralee McLieshSecretary: Nicholas Mulligan /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:affordability, Australia, Christian, covid-19, credit growth, employment, GDP, Government, inflation, infrastructure, Investment, New Zealand, RBNZ, Reserve Bank of New Zealand, supply chain, sustainability, sustainable, vaccination, wholesalelast_img read more

Top research stories of the week: Dec. 8 edition

first_img NOAA satellites reveal new information on ISIS oil production A new satellite technique developed by NOAA allows for rapid assessments of oil production anywhere in the world, notably Iraq and Syria. Published: Dec. 8, 2017 Today’s research roundup looks at “grief policing” on social media following celebrity deaths, new satellite data on ISIS oil production and a robotic small intestine in development at CU Boulder. Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail When celebrities die, ‘grief policing’ abounds, social media gets toxic Researchers analyzed more than 7,000 Facebook comments, finding that people are surprisingly mean to each other online, even in times of tragedy, but some technological fixes could help. A robotic small intestine? Researchers are making one A new robotic small intestine under development at CU Boulder has broad-reaching implications for the treatment of gastrointestinal ailments and improved medical training.last_img read more

Great jazz to great opera to great country-folk-rock

first_imgHomeOpinionColumnsGreat jazz to great opera to great country-folk-rock Sep. 26, 2019 at 6:00 amColumnsFeaturedNewsNoteworthyGreat jazz to great opera to great country-folk-rockCharles Andrews2 years agoChick CoreaGerald ClayBossa NovaLa Bohememiles davis And don’t forget the movies!HIGHLY RECOMMENDED:GERALD CLAYTON QUARTET (important young jazz lion born in Utrecht, NL but LA all the way, his daddy is Venice-born famous composer-big band leader-classical and jazz double bassist John, from LA County HS for the Arts to USC’s Thornton School of Music with Billy Childs, then off to NYC to study with master Kenny Barron, second place in the prestigious Monk jazz piano competition, four Grammy noms, tours and records the last six years with the amazing Charles Lloyd, musical director of the Monterey Jazz Festival On Tour, I adore his ethereal touch and exploring mind in his playing so go get yer ticket NOW and then come back and finish the column, because there’s lots more), Sat 8 p.m., Sun 5 p.m., Jazz Bakery, Moss Theater, SM, $25-$35.LA BOHEME — LA OPERA (I’m not a Boheme expert, saw it just once before, at LA Opera in ‘93, boy have a lot of fat ladies sung since then, for me and them, it’s a chestnut but you’ll want to see this one, it’s gotten a boost from Berlin’s star stager Barrie Kosky, nothing too radical, not set in the Kremlin or underwater, but with some appealing modern touches, the big rotating stage for the Cafe Momus scenes is so packed with frantic characters you can’t take it all in, the singing is outstanding, especially the four main actors and the characters are so endearing and strong, especially the women, that you won’t need your handkerchief unless you want to wave it in the air, huzzah! ), Sat, Wed 7:30 p.m., also 10/6, Dorothy Chandler Pavilion, DTLA, $24-$354.— also, Opera at the Beach, 9-camera hi-def broadcast from Dorothy Chandler, big LED screen, English and Spanish subtitles, Sat 7:30 p.m., gates open 5:30, bring chairs and blankets, SM Pier, freeRECOMMENDED:TONIGHT! — JOSH NELSON TRIO (have never seen Nelson but Sam First, always reliable bookers, calls him “one of LA’s most well-respected pianist/composer/arrangers,” presenting four different combos this week, I’m recommending the Fri-Sat quartet because of Larry Koonse, guitar and Darek Oles, bass, whom I have seen and highly recommend), Thurs-Fri-Sat 8 p.m., 9:30 p.m., $10-$20.TONIGHT! — Celebrate Bossa Nova with ANGELO METZ GROUP featuring Marcele Berger and Natália Spadini (OK, OK, another group I haven’t seen myself but I do know there’s not that many Brazilian music concerts here so for y’all who dig it I thought you should know, the Skirball knows what they’re doing when it comes to world music, this group will pay homage to the album “Elis & Tom,” a collaboration between legendary composer-arranger Antônio Carlos Jobim and the iconic singer Elis Regina, recorded in LA in ‘74 and still considered one of the greatest Brazilian albums of all time), Thurs 8 p.m., Skirball Cultural Center, Sepulveda Pass, LA, $25 $20.TONIGHT! (ONLY – but moves to the Laemmle Monica Film Center Fri, for one week) — LINDA RONSTADT: THE SOUND OF MY VOICE (this great doc will perhaps open your eyes with more respect for a woman who blazed early trails in male-dominated rock, 11 platinum albums, first artist ever to simultaneously top the Pop, Country, and R&B charts, 26 Grammy noms, 10 wins, always advocated for human rights, shared a mattress on the floor of the Governor’s Mansion with Jerry Brown, lived life and her art on her own terms and succeeded wildly, and as Dolly Parton declares, “that girl could sing ANYthing!”), Thurs, Landmark Theater, Westwood.TONIGHT! (ONLY – but moves to the Laemmle Monica Film Center Fri, for one week) — MILES DAVIS: BIRTH OF THE COOL film (musical giant, cultural icon Miles Davis, visionary, innovator, originator who embodied the word cool but was fiercely independent, featuring never-before-seen archival footage, studio outtakes, rare photos, the story of a singular talent unpacks the man behind the horn, I learned a lot, it is so well done), Thurs, Landmark Theater, Westwood.RICK SHEA (one of my favorite local troubadours, Rick rocks, folks around and goes up the country with his rich baritone and rich song stories, in this nearby tiny, friendly, since the mid-1950s watering hole with music every night and never a cover), Fri 9 p.m., Cinema Bar, Culver City, free.NICK MANCINI (cool cat jazz vibraphonist celebrates new album, great listening venue), Sat 9 p.m., Bluewhale, Little Tokyo, $20.FINAL PERFORMANCES for all four plays — “AN ENEMY OF THE PEOPLE” (check my previous CURIOUS CITY column for some description of this excellently acted, thought-provoking adaptation by Artistic Director Ellen Geer of a classic Ibsen about… a poisoned water supply, and racial tensions, topical enough for ya?), Will Geer’s Theatricum Botanicum, Topanga Canyon, $10-$42;“TWELFTH NIGHT” (they’re known for their mastery of the Bard), Sat 8 p.m., Will Geer’s Theatricum Botanicum, Topanga Canyon;“MOBY DICK – REHEARSED” (based on Orson Welles’ 1955 adaptation of the novel, requires a lot of “acting” because there’s no leviathan on stage, no big ship — and yes, the company acts their whale tales off, you can see the big whaler, you can feel the white whale, and we even had a sub Ahab and he was sensational), Sun 4 p.m., T. Botanicum, Topanga Canyon, $10-$42;“THE SKIN OF OUR TEETH” (set in WWII-era New Jersey, and the Ice Age — !?! — Thornton Wilder’s oblique, mysterious, confusing, thought-provoking and wonderful), Sun 8 p.m., W.G.’s Theatricum Botanicum, Topanga Canyon, $10-$42.EASY RIDER (oh yes, I’m gonna be there, by any measure it’s a landmark film, with a kickass soundtrack, but for those of us who lived through it it’s an emotional, cultural touchstone — and while you’re there, if you go in the afternoon you can catch a Marlene Dietich pre-Code double feature, Morocco and Shanghai Express), Sun 7:30 p.m., Aero Theater, SM, $8-$12.SOUNDWAVES presents MICHAEL VINCENT WALLER (post-minimalist composer Waller’s work will be performed by R. Andrew Lee on piano and William Winant, percussion), next Thurs 7:30 p.m., Main Library, DTSM, free.CHICK COREA, CHRISTIAN MCBRIDE, BRIAN BLADE (hear the 2013 three-disc hit live recording by these three music giants come to life and you don’t even have to go to Slovenia, opined Allmusic, “…the three have an uncanny connection, filling space with gorgeous and subtle phrasings, gliding through all manner of styles with a seemingly effortless elegance, grace, and freshness”), next Thurs 8 p.m., Royce Hall, UCLA, $15-$139..COMING ATTRACTIONS: ROGER WATERS film US + THEM, two days only! 10/2, 10/6 Laemmle Monica Film Center, SM, 10/6 Landmark Theater, Westwood; ELIANE ELIAS 10/4, JOEY DEFRANCESCO TRIO 10/5, JOHN CLAYTON’S BASS MONSTERS 10/6, Jazz Bakery, SM; VAN MORRISON 10/6, Hollywood Bowl; NORTH MISSISSIPPI ALL STARS 10/11, CACHE VALLEY DRIFTERS, Crary, Evans, & Barnick 10/20, McCabe’s, SM; LAEMMLE LIVE presents Elemental Music 10/13, DTSM; LIBRARY GIRL 10th Ann. Show + Party 10/13, Ruskin Group Theater, SM; Ace 20 Year Celebration with RYUICHI SAKAMOTO, Serpentwithfeet, Zola Jesus 10/18, Theater at the Ace Hotel, DTLA; TY WOODWARD 10/20, Jacaranda, DTSM.BODACIOUS BIRTHDAYS: GEORGE GERSHWIN (1898), CARLENE CARTER (1955), KOMITAS – Armenian-French composer (1869), DARBY CRASH – the Germs (1958), BRYAN FERRY – Roxy Music (1945), CESAR ROSAS – Los Lobos (1954), MARTY ROBBINS (1925), SERENA WILLIAMS (1981), JOHNNY APPLESEED (1774).Charles Andrews has listened to a lot of music of all kinds, including more than 2,000 live shows. He has lived in Santa Monica for 33 years and wouldn’t live anywhere else in the world. Really. Send love and/or rebuke to him at [email protected] :Chick CoreaGerald ClayBossa NovaLa Bohememiles davisshare on Facebookshare on Twitteradd a commentConstruction Begins to Bring Improvements to North Beach TrailLung illnesses send chill through US marijuana vape marketYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall7 hours agoEntertainmentLifeNoteworthyTales of Two DaughtersCharles Andrews13 hours agoColumnsOpinionYour Column HereBring Back Library ServicesGuest Author13 hours agoNewsCouncil picks new City ManagerBrennon Dixson18 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter18 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor18 hours agolast_img read more

WARREN’S WORLD: The Third of July

first_img Email Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. A smaller island is half a mile away from our home on our island in the San Juans. However, at one spot, this smaller island, Crane Island, is less than 75 feet away at a point called Pole Pass. On July 3, Crane Island held its annual Fourth of July Parade. Crane Island is about a mile long and 0.75 miles wide and is cut up in about 64 pieces of property with about 30 or 40 vacation homes. Its annual Fourth of July parade was held on the third as usual, so as not to conflict with the bigger islands’ celebrations. It brought out so many decorated vehicles that there were almost no people left on the island to watch the parade. It was led by the local fire truck and followed by a large assortment of ATVs, electric golf carts, dune buggies and tractors. Laurie and I managed to hitch a ride on a homemade flat-bed trailer. However, other than a few spectators, only the deer poking their heads out of the brush saw this spectacle of odd vehicles (and people). When we got to Nancy and Dick Clark’s property, everything was ready for the 200 people who had come there to celebrate Independence Day one day early with lots of hot dogs, mustard and soft drinks. They competed in a three-legged race, a gunny sack race, egg toss and water balloon catch. The grand finale competition was a dog race that was won by a dog named Sailor who had traveled from Big Double Island with his owners Mike and Lee. There were 19 babies under six months old in all manner of harnesses worn by their proud mothers proving that the inconvenience of island life will survive for yet another generation of people who have enough sense to get away from it all. It is majorly inconvenient, with a ferryboat ride to one’s vacation home always presenting a series of problems. Once you finish waiting for two or three hours to get on the ferry it is an hour and a half ride to one of the main Islands in the San Juans. Then these hearty Crane Island residents have to unload their car with all of their stuff and haul it down to the dock and load it into their small boat for the short trip to Crane Island. Then they haul it up the dock to their Crane Island car, which occasionally has a dead battery. But let’s get back to the serious hot dog eating part of the Third of July celebration. They were as good as Costco hot dogs, which I think are the best that money can buy anywhere in America. Dick Clark leads us in the ceremonies that include a pledge of allegiance to the flag and the singing of the “Star Spangled Banner.” He often takes this time to give a talk, heartfelt for the adults and educational for the kids, about the meaning of the Fourth, our freedom and what it took to help us become the strong nation we are. We returned to our island, and took a nap in preparation for the evening’s fireworks. Laurie invited several families to join us either on our boat or to raft up with us in Deer Harbor to watch the 10 p.m. show. During the spectacular show I once again thought how lucky I had been to spend four years serving my country in the Navy in WWII and escape without ever getting shot at. I sat on the flying bridge of our boat with a group of people – one was 95-year-old Joan Glidden. Last year we spread her husband’s ashes in the bay here. After we spread his ashes I punched the Man Overboard button on our GPS and wrote down the latitude and longitude of the ashes and I gave Joan a 3-by-5 card with the specific details written on it. It wasn’t even the Fourth of July yet. Tonight we can drive our boat over to Friday Harbor or Lopez Island for our choice of truly spectacular fireworks or we can go to sleep early to get ready to drive to Montana tomorrow for yet another adventure. I think I might pass on two nights in a row of fireworks in favor of a good night’s sleep in preparation for a long ferry boat line to get off of the island and start the 850-mile drive to Big Sky. last_img read more