Cabinet Approves Three-Man Commission to Enquire into Financial Meltdown of the 1990s

first_imgCabinet Approves Three-Man Commission to Enquire into Financial Meltdown of the 1990s UncategorizedOctober 16, 2008 RelatedCabinet Approves Three-Man Commission to Enquire into Financial Meltdown of the 1990s FacebookTwitterWhatsAppEmail Cabinet has approved the appointment of a three-man Commission, to enquire into the collapse of several financial institutions during the 1990s, and the subsequent creation of the Financial Sector Adjustment Company (FINSAC), Minister without Portfolio in the Ministry of Finance and the Public Service, Senator Dwight Nelson, has announced.Speaking at today’s (Oct. 15) post-Cabinet media briefing at Jamaica House, Senator Nelson said that consensus was reached to appoint retired Supreme Court Judge, Justice Boyd Carey; accountant, Dale Blair; and investment manager, Charles Ross, as the persons who will comprise the Commission.Senator Nelson said their appointment is to be formalised by the Governor-General on a date to be announced.The Minister informed journalists that the Commission’s terms of reference are “very wide” and include, among other things, a review of FINSAC, in relation to borrowers, and determining whether those individuals were fairly treated.“You will recall that, during his Budget presentation, the Prime Minister spoke to the fact that he was petitioned by a number of borrowers, who claimed that they were unfairly treated by FINSAC. And he, during that presentation, alluded to the intention to create this Commission. The fact of the matter is that the question of whether or not debtors were treated fairly and equally is a very substantial question that needs to be answered. And the constituency of persons, who are so concerned, is large enough for us to take notice of. The appointment of this Commission is (intended) to put to bed, once and for all, whether or not those concerns are real,” he said.While not stating a specific date when the Commission would commence the enquiry, the Minister advised that “as soon as their appointment is formalised by the Governor-General, they can begin immediately.”The Minister informed that existing legislation would enable the Commission to “receive oral and documentary evidence, as they so require.”“Once the Commission has been appointed by the Governor-General, then we will have a full press briefing, where all the unanswered questions will be answered,” Senator Nelson assured. RelatedCabinet Approves Three-Man Commission to Enquire into Financial Meltdown of the 1990scenter_img Advertisements RelatedCabinet Approves Three-Man Commission to Enquire into Financial Meltdown of the 1990slast_img read more

Private healthcare associations to submit recommendations to Govt on executing Phase 3 of National Vaccination Strategy

first_imgPrivate healthcare associations to submit recommendations to Govt on executing Phase 3 of National Vaccination Strategy WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals By EH News Bureau on April 22, 2021 Request govt to ensure consistency in vaccine administration guidelines across states through standard operating guidelines for engagement with the private sectorIn a crucial meeting today, healthcare and industry federations representing the ecosystem of the private sector reportedly deliberated on a set of immediate recommendations for submission to the Government for effectively executing the liberalised and accelerated Phase 3 National Vaccination Strategy from May 1, 2021.Senior healthcare leaders from private sector spanning all major healthcare federations – CII, FICCI, AHPI, IMA, PHD Chamber of Commerce, ASSOCHAM, Indian Chamber of Commerce, AMC, ANEI, AHEI, FHA Karnataka and NATHEALTH – participated in the meetingAs per a release circulated by NATHEALTH, these recommendations are aligned with the main elements of the Phase 3 strategy –procurement and administration of vaccines being made flexible – all stakeholders being given the freedom to customise to local needs and dynamics; incentivising manufacturers to scale-up production and invite new national and international players; and manufacturers empowered to release vaccines in the open market at a pre-declared price and states authorised to purchase from private players.Some of the key recommendations made at this meeting:Lauding the Government for the Phase 3 National Vaccination Strategy, as it can enable the industry to come together, the federations recommend that the private sector in India will pool their demand for effective flexible procurement to ensure high quality and uninterrupted access of lifesaving vaccines. Private sector can assess emerging requirements from healthcare, telecom, retail, information technology, consumer, and other industry segments through rapid assessment. Private Sector will also explore PPP’s to share the national responsibility with central and state governments.Private sector will work collaboratively to tide over supply side challenges and join hands with Government to scale up last mile delivery of vaccines, pandemic surveillance and hospitalisation care.The private sector will prioritise the rapid clinical trials for other critical, life-saving drugs, inhalers and therapies which are showing promising results for use in the treatment of COVID-19, apart from vaccines.As an immediate short-term measure, as the private healthcare sector reorganises its supply chains, there is an urgent need for Central and State governments to ensure continuity of supplies for the next 30-60 days, especially for existing eligible population and those eligible for second vaccination. The Government is also requested to ensure that there is consistency in vaccine administration guidelines across states through standard operating guidelines for engagement with the private sector. In this process, industry will be ready to engage immediately in right earnest.Dr Harsh Mahajan, President, NATHEALTH, commented, “As the country is grappling with a sudden surge of COVID cases and different parts of the country facing various challenges related to healthcare infrastructure, ramping up vaccination drive by involving Indian and global organisations will prove to be beneficial in the longer run and will reduce the burden on the healthcare ecosystem that India is facing amidst these tough times. Cross-country collaborations between federations and Government will enable India to deal with the current challenges and help in building a robust healthcare ecosystem. The industry welcomes the liberalised Phase 3 National Vaccination Strategy of the Government as it provides flexibility and an opportunity for State Governments, private sector organisations, hospitals and other sectors to purchase it from the open market and ramp up vaccine administration. It will also enable private providers to involve their logistics network and supply chains to speed up transport channels and improve access in the remotest parts of India. We can utilise the infrastructure built by private sector in the first wave of the pandemic.” The missing informal workers in India’s vaccine story COVID-19 Updates News Share Comments (0) Adoption of AI/ML can disrupt healthcare services Dr Harsh MahajanNATHEALTHNational Vaccination Strategy MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Menopause to become the next game-changer in global femtech solutions industry by 2025 Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Read Article Related Posts Phoenix Business Consulting invests in telehealth platform Healpha Add Commentlast_img read more

Vodafone Italia moves closer on Metroweb deal

first_imgHome Vodafone Italia moves closer on Metroweb deal AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 20 MAR 2015 Related Vodafone, Safaricom beat MTN to Ethiopia licence Operators back Qualcomm role in open RAN path Previous ArticleTelecom Italia CEO boasts “winning” strategy; first annual profit since 2010Next ArticleMWC15 Keynote: ThinFilm Electronics Ken Wieland Las operadoras respaldan el papel de Qualcomm en la RAN abierta Author Tags FinancialMetrowebServicesVodafone Vodafone Italia reportedly reached a preliminary deal to buy a stake in Milan-based fibre operator Metroweb from asset management firm F2i.According to various media outlets, Vodafone and F2i have signed a letter of intent to negotiate a deal.As it’s a non-disclosure agreement, however, details are scant. There is no news of financials or stake size.The Italian government has considered using the broadband company as the vehicle for implementing its ambitious broadband strategy, but talks with Vodafone, Wind and Telecom Italia have stalled.Operator rivalry is partly to blame for lack of progress, as too is a complex ownership structure.Metroweb is 87 per cent controlled by holding company Metroweb Italia, around 54 per cent of which is owned by F2i, with state-backed holding company Cassa Depositi e Prestiti (CDP) owning 44 per cent and Italian broadband operator Fastweb holding an 11 per cent stake. Ken has been part of the MWC Mobile World Daily editorial team for the last three years, and is now contributing regularly to Mobile World Live. He has been a telecoms journalist for over 15 years, which includes eight…More Read more last_img read more

Sports Briefs

first_img French anti-doping officials worried about cocaine use PARIS (AP) French anti-doping officials are worried about the increased use of cocaine by athletes to enhance their performance. Damien Ressiot, who is in charge of controls at French anti-doping agency AFLD (Agence francaise de lutte contre le dopage), said yesterday that taking the banned stimulant for doping purposes now seems to be a “fairly common practise.” Cocaine is among a class of stimulants whose use is banned only in competition. Speaking at a news conference at AFLD headquarters, scientific adviser Xavier Bigard insisted it would be “extremely dangerous to minimise its use as a purely recreational drug.” Ressiot added that several cases involving cocaine use which are currently under the scrutiny of the AFLD will help the agency determine the type of networks used by cheaters. Law sees bright future for Hope GROS ISLET, St Lucia (CMC): West Indies head coach Stuart Law has identified young strokemaker Shai Hope as one with immense promise and whose professionalism can take him far in the game. The 23-year-old copped the Man of the Match award for his crucial unbeaten 48 in the second one-day international against Afghanistan last Sunday, which West Indies won by four wickets to level the three-match series. Hope also top-scored with 35 in the opening game, which West Indies lost by 63 runs last Friday. Law said while the right-hander was still developing, he was ticking all the right boxes. “He’s a class act. He’s very easy on the eye when you watch him bat,” the Australian said. “At this stage, he’s still learning how to play at this level, but the steps he’s made since I’ve arrived [have been impressive].” Iran qualify for World Cup TEHRAN, Iran (AP) Iran became the second team to qualify for the 2018 World Cup by beating Uzbekistan 2-0 on Monday, sparking celebrations in the streets. It is the first time Iran have qualified for consecutive World Cups, and will be their fifth appearance at football’s marquee tournament. Sardar Azmoun scored in the 23rd minute and Mehdi Taremi in the 88th at Azadi Stadium in Tehran. Iran, managed by former Real Madrid and Portugal coach Carlos Queiroz since 2011, topped Group A of Asian qualifying. The team is unbeaten from eight games and eight points clear of third-placed Uzbekistan with two qualifiers remaining, so cannot be denied a top-two finish and an automatic spot in Russia next year. South Korea are in second place, a point ahead of Uzbekistan with a game in hand.last_img read more

Burnley vs Man City: TV channel, live stream, kick-off time, talkSPORT coverage

first_img Real Madrid ‘offer’ Isco to Chelsea in bid to ‘make room’ for Tottenham star Bernardo Silva and Man City take on Burnley today Burnley vs Man City: Kick-off timeThe Premier League clash takes place on Sunday, April 28 with kick-off at 2:05pm.These side have met each other twice already this season with City winning both games 5-0.Burnley vs Man City: TV channel and live streamThe match will be on Sky Sports Main Event, Premier League and UHD this weekend with their coverage getting underway at 2pm.Alternatively, you can stream it on Now TV – day passes are available for £8.99 if you don’t already have a subscription. Pep Guardiola’s men will head back to the top of the table if they can see off the Clarets.It’s another vital game in this year’s thrilling title race and here’s everything you need to know about it. tense Son ban confirmed as Tottenham fail with appeal to overturn red card Where Ancelotti ranks with every Premier League boss for trophies won 2 Did Mahrez just accidentally reveal Fernandinho is leaving Man City this summer? Sean Dyche’s Burnley face Man City today no dice deals Oxlade-Chamberlain suffers another setback as Klopp confirms serious injury Manchester City face a must win game when they make the trip to Burnley today.Liverpool thumped Huddersfield on Friday night to pile the pressure on title rivals City ahead of their trip to Turf Moor. LATEST PREMIER LEAGUE NEWS whoops Boxing Day fixtures: All nine Premier League games live on talkSPORT REVEALED shining Green reveals how he confronted Sarri after Chelsea’s 6-0 defeat at Man City gameday cracker Premier League Team of the Season so far, including Liverpool and Leicester stars REAL DEAL Man United transfer news live: Haaland ‘wants a change’, two players off in January Burnley vs Man City: talkSPORT coverageMark Saggers will bring you updates in our Sunday Exclusive show on talkSPORT.To tune in just click here for the live stream or click the radio player below.Burnley vs Man City confirmed teamsBurnley: Heaton, Lowton, Tarkowski, Mee, Taylor, Hendrick, Westwood, Cork, McNeil, Barnes, WoodSubs: Gudmundsson, Gibson, Hart, Ward, Vydra, Long, Driscoll-GlennonMan City: Ederson, Walker, Kompany, Laporte, Zinchenko, Bernardo Silva, Gundogan, Silva, Sterling, Aguero, SaneSubs: Danilo, Stones, Mahrez, Otamendi, Gabriel Jesus, Foden, Muric 2 huge blow REVEALED Which teams do the best on Boxing Day in the Premier League era? last_img read more

Marshfield boys basketball upsets Chippewa Falls in WIAA Division 1 regional semifinal

first_imgBy Paul LeckerSports ReporterCHIPPEWA FALLS — The Marshfield boys basketball team pulled off a big upset on the road, knocking off No. 2 seed Chippewa Falls 57-34 in a WIAA Division 1 regional semifinal Friday night at Chippewa Falls High School.The Tigers snap a four-game losing streak and avenge a loss to Chippewa Falls earlier this season. Marshfield lost at home to the Cardinals 64-48 back on Dec. 30.No. 7 seed Marshfield (7-16) will play at No. 6 Hudson (10-13) in a regional final at 7 p.m. Saturday. Hudson started the season 5-0 but fell on hard times, losing 10 of its final 12 games before upending D.C. Everest on the road 59-55 in overtime Friday night.Saturday’s game will be broadcast on WDLB-AM 1450 and wdlbwosq.com.Statistics from Friday’s game were not provided.(Hub City Times Sports Reporter Paul Lecker is also the publisher of MarshfieldAreaSports.com.)last_img read more

5 Fraudsters Went on $12K Spending Spree at a Casino with Stolen Identity

first_imgFive men have been charged with identity theft and other offenses after using 81 fraudulently obtained gift cards to go on a nearly $12,000 spending spree at the Borgata in Atlantic City earlier this year, authorities said Thursday.Security at the hotel-casino learned of possible scam on June 13 and then notified Atlantic City police. Police announced the arrests on Thursday. William Newhart, 41, of Philadelphia obtained information about a Mechanicsburg, Pennsylvania resident and opened a credit card in that man’s name, authorities said. Newhart then used the credit card to buy the gift cards at Borgata and hand them out to his accomplices.The five then rang up $11,900 in charges at various eateries and shops in the Borgata, police said. All were charged with identity theft, credit card fraud, receiving stolen property and conspiracy… NJ.com- Sponsor – Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox.  Sign up nowlast_img read more

What Sort Of Man Shares Playboy? (He Friends His Mom On Facebook)

first_imgWhy Tech Companies Need Simpler Terms of Servic… Related Posts helen popkin Playboy relaunched its website on Wednesday, and one thing’s for sure. This isn’t your grandpappy’s gentleman’s magazine. Well, obviously. It’s on the Internet—as opposed to a moldy box in the garage or hastily stuffed under your mattress where you shamefully hope Mom doesn’t find it. As such, Playboy.com is ready for its Facebook close-up, fully clothed and safe-for-work (or SFW, as the kids say). Just in case you want to share its family-friendly content on any social network where Mom might see it. Cory Jones, Playboy’s senior VP of digital content, aptly explained to AdAge the new site’s savvy social media strategy. To wit: “Everyone’s mom is on Facebook.”Indeed.“We’re having some kind of moment in American sexual culture,” Rick Schindler, culture critic and author of “Fandemonium,” told ReadWrite. “Would Don Draper of Mad Men share Playboy with his mom? I guess, given she was a hooker.”This, however, is a new millennium. Take, for example, Playboy’s feminist friendly “Should You Catcall Her?” that went went viral this week, a fun and funny flowchart which informs readers there are really only two circumstances in which such behavior is OK. (SPOILER ALERT: One of them is if she’s actually a cat.) Lots of people and media outlets shared it; if anyone’s mother took offense, she kept it to herself.That’s the way things are now on Playboy.com. When you click on a Facebook link to some some fascinating Playboy article, whether one of its branded 20Q (20 questions) celebrity interviews or its growing collection of “sharable” inforgraphics,  there’s little to no chance of stumbling upon scantily clad women.(Here, for example, is a link to the Playboy 20Q with Idris Elba of The Wire and Mandela fame, which you should feel perfectly comfortable with clicking on while at work, even if you work in one of those free-range call-center office-pen dealies so popular now.)Notably, the lack of lady skin doesn’t include the site’s sponsored listicle for Sin City: A Dame To Kill For, featuring a scantily clad and provocatively posed Jessica Alba. (Of course, this is the same Sin City posters your kid can see when you open the newspaper.)“What we’re going to be doing is, if you go to a Playboy.com link that’s not around girls, there won’t be girls around the page,” Jones told AdAge. It’s the obvious next step in Playboy’s savvy social media strategy to ingratiate itself with the ladies, who share on Facebook just the eensiest bit more than the gents, according to the Pew Research Internet Center.The 60-year-old printed Playboy magazine is still very much alive with naked ladies, and still accounts for most of the empire’s income, AdAge reported. The new digital strategy for its 20-year-old website, however, is aimed at upping the social sharing most media outlets increasingly value. “The editorial mantra for content is to ask ourselves, ‘Would you send this to a friend?’” Jones said. More importantly, would you send this to your mom?Lead image by Joel Kramer A Web Developer’s New Best Friend is the AI Wai…center_img Tags:#Facebook#NSFW#Playboy#Playboy.com#porn#SFW#Social media strategy Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Federal and State Disaster Tax Relief Book on Sale Now

first_imgIt has been a banner year for natural disasters. Whether you or your clients suffered from flood or flame, you need to know what relief is available and how to get it. Wolters Kluwer has you covered with Disaster Tax Relief, Hurricane Relief Legislation and Related Tax Provisions.Disaster Tax ReliefDisaster Tax Relief, Hurricane Relief Legislation and Related Tax Provisions, provides federal and state tax guidance on naturally caused losses. Specifically, this book covers disaster tax relief enacted in the Disaster Relief and Airport and Airway Extension Act of 2017 (P.L. 115-63). This relief included lifting limitations on retirement plan withdrawals, charitable contributions and assorted other federal tax provisions. Also, the book covers IRS and state revenue departments’ administrative guidance allowing for (1) the late-filing of certain returns; (2) penalty abatement; and (3) temporary elimination of certain taxes.Moreover, the book discusses federal tax provisions relating to (1) claiming casualty losses; (2) exceptions from the casualty loss requirements for disaster losses; (3) involuntary conversions; (4) net operating losses of farmers; and (5) other federal tax provisions relating to weather-related losses.Additionally, specific state revenue laws that deviate from the federal treatment of disaster losses are also provided. Further, the discussion emphasizes states that have been affected by large natural disasters in 2017.Further, the appendix includes a useful table of 2017 declared disaster areas and the text of Title V of the Disaster Relief and Airport and Airway Extension Act of 2017. Moreover, the appendix includes a curated selection of Internal Revenue Code provisions relating to disaster and casualty losses, election and compliance statements, and client letters.On Sale NowDisaster Tax Relief: Hurricane Relief Legislation and Related Tax Provisions, is a single source for disaster and casualty loss information and compliance. And, it is on sale now.Enter promo code USTP-BXYY10615 to SAVE 30% on Disaster Tax Relief: Hurricane Relief Legislation and Related Tax Provisions. Click here to get it now.Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

Oklahoma Potawatomi Nation Alcohol Sales Permitted, Subjected to Sales Tax

first_imgA compact between Oklahoma and the Citizen Potawatomi Nation (CPN) allows CPN alcohol sales and requires sales tax collection on the sales. The compact took effect November 6, 2018, and currently has an expiration date of July 1, 2024.Tax RateThe amount of sales tax (the “compact tax”) that CPN retailers must collect and remit on alcohol sales is the equivalent of the state and local taxes that otherwise apply to other retailers.On mixed beverages, the “compact tax” is the sum of:– the state sales tax;– the state mixed beverage tax; and– 4% of the gross receipts or gross proceeds from the sales (in lieu of local, city, county, and municipal sales taxes).On alcoholic beverages that are not mixed beverages, the “compact tax” is the sum of:– the state sales tax; and– 4% of the gross receipts or gross proceeds from the sales (in lieu of local, city, county, and municipal sales taxes).Sales LicensesThe CPN can apply to the Oklahoma Alcoholic Beverage Laws Enforcement (ABLE) Commission for licenses to sell alcoholic beverages for each desired sale location. Entities wishing to engage in compact sales must apply to the CPN for licenses under the CPN’s rules.Tax LicensesThe CPN can apply to the Oklahoma Tax Commission for alcoholic compact sales tax permits and mixed beverage tax permits for each desired sale location.Collection and Reporting RequirementsThe CPN and entities engaging in compact sales must collect, report, and remit the compact tax to the Tax Commission.Press Release, Oklahoma Tax Commission, November 9, 2018, ¶201-251; Alcoholic Beverage Sales Compact Between the State of Oklahoma and the Citizen Potawatomi Nation, filed with the Oklahoma Secretary of State on November 9, 2018, ¶201-252Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more