300 jobs lost as HMV Ireland to permanently close

first_img Twitter 300 jobs lost as HMV Ireland to permanently close Dail hears questions over design, funding and operation of Mica redress scheme HSE warns of ‘widespread cancellations’ of appointments next week WhatsApp Facebook Previous articleFianna Fáil distances itself from slur on Travellers by CouncillorNext articleBrian Rattigan convicted of drug dealing while in prison admin By admin – February 12, 2013 The 16 Irish stores of retailer HMV are to close with the loss of 300 jobs.The news comes after the receiver of the music chain in Ireland issued a statement confirming that the shops – which had been temporarily closed – will not re-open.Deloitte says the stores had been closed by HMV prior to receivership at which point the 300 staff were placed on temporary lay-off.They will now be made redundant.The news is not unexpected but will be greeted by disappointment by workers who had hoped a buyer could be found.The receiver says all of the stores were loss making and it was not possible to attract a purchaser.UK stores also set to shutHMV separately operates 220 stores in the UK.66 of the UK-based stores have been tagged for closure which will affect stores 930 staff based in Britain.The joint administrators there say no fixed date is set for the closure of these stores but it is expected that closures will take place over the next 2 months. Man arrested on suspicion of drugs and criminal property offences in Derry Facebook PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal center_img RELATED ARTICLESMORE FROM AUTHOR WhatsApp Dail to vote later on extending emergency Covid powers Google+ News Pinterest Twitter Pinterest Man arrested in Derry on suspicion of drugs and criminal property offences released Google+last_img read more

Comedy film based on local author’s novel, starring Nathan Lane, now…

first_imgCarrie Pilby, a comedy film based on a humorous novel by #Hoboken author Caren Lissner, and starring #JerseyCity native Nathan Lane, made its #Netflix debut on Sept. 5. HOBOKEN — A comedy movie starring Broadway legend (and Jersey City native) Nathan Lane — adapted from a humorous novel by Hoboken resident Caren Lissner — is now available on Netflix as of Tuesday, Sept. 5. It is also available on Amazon and iTunes.The film, Carrie Pilby, stars Bel Powley as 19-year-old genius who graduates from Harvard three years early and moves to New York City. She’s confused about how to make friends and date. She tries to make sense of life’s hypocrisies, all while meeting an unusual cast of characters and dealing with a past inappropriate relationship with a college professor (Colin O’Donoghue). Her therapist, played by Nathan Lane, is perhaps the only person sharp enough to match wits with her.The book, available new on Amazon, has been translated into Spanish, French, Italian, Malay, and Thai.The film also stars Gabriel Byrne (“The Usual Suspects”, “Miller’s Crossing”), Vanessa Bayer (“Saturday Night Live”), William Moseley, Jason Ritter, and Desmin Borges.Those who want to see it on cable can check their alphabetical list of on-demand movies. The film can also be purchased as a DVD via Amazon, Walmart, Best Buy, or other on-line retailers.It was directed by Susan Johnson (who recently wrapped the film adaptation of Jenny Han’s best-selling novel “To All the Boys I’ve Loved Before”).The film premiered a year ago this week at the Toronto International Film Festival, then opened in area theaters in March.The film earned positive reviews from the Guardian, RogerEbert.com, and the Village Voice.Lissner will be appearing on Saturday, Sept. 23 at the Barnes and Noble in Paramus as part of a teen book festival to discuss the novel, the adaptation process, getting published, and any other matters of interest to attendees. ×Carrie Pilby, a comedy film based on a humorous novel by #Hoboken author Caren Lissner, and starring #JerseyCity native Nathan Lane, made its #Netflix debut on Sept. 5.last_img read more

Gay Marriage – And now on to polygamy

first_imgThe Economist 8 April 2013THE excitement over the Supreme Court arguments on gay marriage has probably died down until the court comes back with a decision. And what with a majority of senators now in favour, it certainly looks like, whether by judicial or legislative action, gay marriage is on a fairly rapid road to acceptance across America. So this moment, when fewer people are paying attention and it can’t do too much harm, seems like a good time for people who support gay marriage to admit that there are a couple of arguments for it which they’ve always thought were wrong.….One of the assumptions that gay marriage calls into question, for many conservatives, is: why pairs, then? If not man-woman, then why not man-woman-woman, and so forth? Again, the response of gay-marriage proponents is generally ridicule. I don’t think this is a ridiculous question. “Why can’t you marry your dog, then?” is a ridiculous question; marriage, in our society, is between consenting adult persons. (Though states where girls can marry below the age of legal adulthood violate this premise, and show the traces of a premodern understanding of marriage as a reproductive contract between extended families that few Americans would say they support today.) But “why only two?” isn’t a ridiculous question. It’s easy enough to show that gay marriage does not empirically lead to pressure to legalise polygamy; that hasn’t happened anywhere that gay marriage is legal. But this is different from explaining why opening up the boundaries of the 20th-century understanding of marriage shouldn’t raise the possibility of legalising polygamy. Why shouldn’t it be legal for more than two consenting adults to marry each other?There are, obviously, a whole lot of societies in the world where polygamy is legal and normal. In fact the anthropological record suggests that the overwhelming majority of human societies have allowed men to have more than one wife simultaneously. I don’t want to be taken to be making a creepy dirty-old-man argument in favour of polygamy. But the reflexive belief that polygamous marriages must be evil and oppressive even in societies where they are traditional is basically an expression of cultural prejudice. I would never want to be in a polygamous marriage myself, because I’ve grown up in the West and it seems freaky and inegalitarian to me; but for people who grew up in Yemen, or in Swaziland, or in Vietnam before the 1950s, that is not necessarily the case. Women in polygamous societies may decide to become a rich man’s second wife rather than a poor man’s only wife, and do not necessarily feel oppressed by that choice. Their children usually turn out well-adjusted.http://www.economist.com/blogs/democracyinamerica/2013/04/gay-marriagelast_img read more

Media Day optimism as good as it gets for Lakers

first_imgMedia Day has changed in Lakerdom. Once a rite marking the opening of training camp, it has become the best day of the season.After one day of triumphant optimism, it has all been downhill for two grisly seasons, with no indication that a turnaround is at hand in the upcoming one.Nor after missing out on Carmelo Anthony and LaMarcus Aldrdige, are the Lakers likely to change their harsh reality and cratered perception enough to get into the running for Kevin Durant, the 2016 free agent they have looked forward to courting for years.For one day, optimism reigns. It’s not hard to imagine what the Lakers will say, as if in a chorus: • We know the West is even deeper with have-nots like Minnesota rising, but the playoffs aren’t out of reach.Hey, it’s true, or, at least, some of it could be.Russell, their No. 1 pick in 2015, and Randle, their No. 1 in 2014, could turn out as well as Jordan Clarkson, their second-round pick in 2014.Personally, I give Russell a better chance than Randle, but we’ll see.Hibbert could help, although I’ll believe that when I see it. In a league in which teams are going smaller and spreading the court more all the time, I’m thinking Coach Byron Scott is going to like his smaller lineups without Hibbert more than his big ones.It’s not impossible that Kobe Bryant will play better than he has in his 41 grisly games the last two seasons, which would, indeed, be an equation changer.Once, Kobe could do anything he set his mind to on a basketball court, but those days are over.Bringing those days back would indeed be an equation changer for the Lakers, making them a better team, raising the possibility Bryant will continue playing beyond this contract and maybe even putting them in the running for KD.(There are other scenarios, like Bryant joining the Knicks and putting them in the running for KD. Phil Jackson suggested Kobe might play somewhere other than Los Angeles — New York, perhaps? — prompting Bleacher Report to change “Zen Master” into “Troll Master.”)The Lakers say they’ll cap his minutes. No, this time they really mean it.Of course, it’s late in this game. At 38, Bryant, who once trained 24/7/365, was just cleared to play basketball a month before the start of camp, following rotator cuff surgery in January.As for preserving him, unless he’s a lot close to the Kobe of old, the question will be: What are they preserving him for?The Las Vegas over/under for Laker victories is 31.5. If finishing No. 8 takes 45 — what New Orleans won last season — the Lakers could overachieve by a lot without getting close.Laker fans grew up on miracle turnarounds like the one Jerry West engineered, landing Shaquille O’Neal and Bryant within five years of Magic Johnson’s 1991 retirement, and the one Mitch Kupchak engineered after trading Shaq.Now with no miracles in sight or recent memory, the fans have to embrace a team that wins 31 games — up from 21 last season — in the hope that it leads to better things, if not overnight.Not that I expect that for one moment.At the fans’ level of entitlement (and the organization’s level of ticket prices with courtside seats still $2,700), another non-playoff finish will be hailed as a disappointment amid calls for Scott’s firing and Jim Buss’s departure.Byron’s only failure is not being miracle worker enough to turn around a team that was in free-fall when he took over.In the really bad news for Laker fans, Jim Buss isn’t the reason the team has fallen.The worst things that get pinned on Jim are hiring Mike Brown, a mistake they corrected three seasons ago, and not bringing back Phil Jackson, although Dr. Jerry Buss presided over that decision and, as Phil has shown with the Knicks, he’s no front office miracle worker.Worse for Laker fans, Jim’s departure wouldn’t change anything. With Jeanie, whom their father placed over him, becoming more assertive, Jim no longer calls shots on his own.Hope springs eternally, if briefly; 58 percent of respondents in a LakersNation poll think the team will make the playoffs to 42 percent whose faith is combined with an awareness of the odds.Media Day is only Media Day. If the Lakers’ time is coming, it’s not at warp speed.Mark Heisler has written an NBA column since 1991 and was honored with the Naismith Hall of Fame’s Curt Gowdy Award in 2006. His column is published Sundays in Los Angeles News Group print editions. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img • Everyone is writing us off. That’s fuel for our fire.• We missed out on Aldridge, Greg Monroe and DeAndre Jordan last summer, but Roy Hibbert can be an important piece.• We haven’t had a healthy Kobe for two seasons but he’s ready.• Julius Randle didn’t have a chance as a rookie, but we think he’ll be fine.• Summer League doesn’t mean anything. We think D’Angelo Russell will be fine.last_img read more

SETI Needs to Read, Not Listen

first_imgWhat technology would an extra-terrestrial intelligence use to communicate with us?  For fifty years, the search has presumed that an ET would use radio waves to announce “we’re here.”  Not a good idea, says a professor of computer and electrical engineering at Rutgers.  He thinks investors on distant planets would put their money not on radio commercials, but books.    It’s not often that a topic as speculative as SETI gets coverage in elite science journals, but the ideas of Christopher Rose made the cover of Nature this week.1  Basically, he and Gregory Wright feel it is much more energy efficient to inscribe messages instead of broadcasting them.  This has led to a flurry of clever headlines in the news media: such as, “ET, don’t phone home; drop a line instead” on EurekAlert, and “ET Phone Home?  Try Writing,” on MSNBC News.  The BBC News, however, suggests that the new ideas may have been stimulated by the silence (see 08/13/2004 headline); “A recent radio search of 800 stars showed no sign of a signal from ET,” it says.    Woodruff T. Sullivan, summarizing the new view in the same issue of Nature2, explains the authors’ energy analysis of communication methods:Unless the messages are short or the extraterrestrials are nearby, this ‘write’ strategy requires less energy per bit of transmitted information than the ‘radiate’ strategy does.  Cone-shaped beams of radiation necessarily grow in size as they travel outwards, meaning that the great majority of the energy is wasted, even if some of it hits the intended target.  A package, on the other hand, is not ‘diluted’ as it travels across space…, presuming that it’s correctly aimed at its desired destination. (Emphasis added in all quotes.)Radiation only has an advantage for short messages; otherwise, inscriptions are superior, Rose and Wright argue.  EurekAlert elaborates:In addition, Rose says, when waves pass a particular point, they’ve passed it for good.  Potential recipients at that point might be unable to snag a passing message for any one of many reasons.  They might not be listening.  They might be extinct.  So someone sending such a message would have to send it over and over to increase the chance of its being received.  The energy budget goes up accordingly.  A physical message, however, stays where it lands.Sullivan has some reservations about their presentation.  How can we presume to think like ET?  How do we know economics would be a deciding factor in their deliberations?  Furthermore, “we do not know if such packages, even if efficiently sent, would ever in fact be recognized and opened.”  But then again, the same criticisms apply to radio messages.    An implication of this new energy-per-bit study is that there might be messages from extraterrestrial intelligence right under our feet.So how should these results influence today’s SETI strategy?  Short “we are here” messages would still seem to be most efficiently sent by electromagnetic waves, and we should continue looking for the same.  But perhaps some attention should be paid to the possibility of one day finding in our Solar System an information-drenched artefact, sent by an extremely advanced extraterrestrial civilization interested only in one-way communication.  This intruder might be orbiting the Sun or a planet, or resting somewhere on a planet, moon or asteroid…. If astroarchaeologists were to find such an object, it would hardly be the first time that science fiction had become science fact.The news media have pointed out, with illustrations, that we humans have sent inscribed messages ourselves: most notably, the Pioneer plaque and the Voyager record.  EurekAlert suggests some of the forms an incoming message might take:Rose speculates that “messages” might be anything from actual text in a real language to (more likely) organic material embedded in an asteroid – or in the crater made by such an asteroid upon striking Earth.  Messages – and Rose suggests there might be many of them, perhaps millions – might literally be at our feet.  They might be awaiting our discovery on the moon, or on one of Jupiter’s moons.  They might be dramatic or mundane.  A bottle floating in the ocean is just a bottle floating in the ocean – unless, upon closer inspection, it turns out to have a message in it.Difficult as these ideas might be to accept, they stem from our concern about time, Rose explains.  The sender(s), however, may not be time dependent.  The choice of medium might be a function of how much the extraterrestrial intelligence had to say.  He says, “Since messages require protection from cosmic radiation, and small messages might be difficult to find amid the clutter near a recipient, ‘inscribed matter’ is most effective for long, archival messages, as opposed to potentially short ‘we exist’ announcements.”    Incidentally, rumors of a possible alien signal announced in the media such as on New Scientist were quickly denounced as nothing unusual on BBC News1Christopher Rose and Gregory Wright, “Inscribed matter as an energy-efficient means of communication with an extraterrestrial civilization,” Nature 431, 47 – 49 (02 September 2004); doi:10.1038/nature02884.2Woodruff T. Sullivan III, “Astrobiology: Message in a bottle,” Nature 431, 27 – 28 (02 September 2004); doi:10.1038/431027a.Hmmmm; information-drenched artifact.  A possible real message in an actual language.  A lot to say.  Millions of copies at our grasp.  Contents dramatic or mundane (or both).  A medium not limited to a fortunate few living in a particular century or country.  A sender outside of time, whose intelligence, identity, and intentions we cannot presume to fathom.   Receivers who might not be listening.  A package that might not be recognized or opened.  Sounds a lot like Hebrews 1:1-3, II Timothy 3:15-17, II Peter 1:16-21, John 5:38-47, and John 1:10-12.  Maybe a good place to search for an intelligent message is in the hotel room drawer.(Visited 6 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Pirate Bay Acquired for $7.8 million, Content Providers to Get Paid

first_imgAccording to their blog and a recent BusinessWire release, controversial Swedish bit torrent tracker the Pirate Bay, is being acquired by Global Gaming Factory X AB for roughly $7.8 million in cash and shares (or $60 million SEK). On the blog, the group hopes to alleviate concerns by saying:“If the new owners screw around with the site, nobody will keep using it. That’s the biggest insurance one can have that the site will be run in the way that we all want it to. And – you can now not only share files, but shares, with people. Everybody can indeed be the owner of The Pirate Bay now. That’s awesome and will take the heat off us.”And the heat has certainly been on The Pirate Bay. For the last year, the group has been in and out of court battles and has continued to take a strong stance against legal threats regarding copyright violations. Judging by blog comments, it’s obvious that users are extremely concerned. Global Gaming Factory will be taking over operation of the site in August 2009. As part of this acquisition, GGF can now incorporate the KTH Royal Institute of Technology and SICS, Swedish Institute of Computer Science’s new data distribution technology – Peerialism. Presumably the service will increase torrent speeds. Additionally, says GGF CEO, Hans Pandeya, “We would like to introduce models which entail that content providers and copyright owners get paid for content that is downloaded via the site.” It will be interesting to see if fans will stick with the service and how the company’s revenue program will differ from predecessors like Grooveshark’s compensation service for file uploaders. Thanks to Steven for the tip!UPDATE: According to TorrentFreak, The Pirate Bay will be using a 3rd party tracker and host for torrents. We’ll just have to wait and see if this has to do with GGF’s move with Peerialism. 8 Best WordPress Hosting Solutions on the Market A Web Developer’s New Best Friend is the AI Wai… Tags:#p2p#web dana oshirocenter_img Related Posts Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hostinglast_img read more

Weekly Wrap-Up: RWW Founder Starts New Chapter, Why iPhone Is Not Your Mother’s Smartphone, And The Best Time To Send Emails

first_imgRelated Posts Tags:#web#Weekly Wrap-ups adam popescu Top Reasons to Go With Managed WordPress Hosting RWW Founder Richard MacManus’ New Chapter, Why iPhone Is Not Your Mother’s Smartphone, and The Best Time To Send Emails. All of this and more in the ReadWriteWeb Weekly Wrap-up.After the jump you’ll find more of this week’s top news stories on some of the key topics that are shaping the Web – Location, App Stores and Real-Time Web – plus highlights from some of our six channels. Read on for more.RWW Founder Richard MacManus Starts His Next ChapterRichard’s vision and leadership made ReadWriteWeb an indispensable part of the tech journalism landscape. The editorial team will do its utmost to live up to Richard’s legacy, RWW Founder Richard MacManus Starts His Next Chapter.More Top Posts:Sorry, Samsung, iPhone Is Not Your Mother’s SmartphoneThe culmination of the crusty-iPhone meme is Samsung’s recent television ad, the latest move in the company’s year-long campaign to damage the hipster-hyped image of the iPhone, Sorry, Samsung, iPhone Is Not Your Mother’s Smartphone.What’s The Best Time Of Day To Send Emails? [Infographic]Email blasts may seem like the out-of-touch old fogey of online marketing, but there’s a reason they keep hanging around: They still work. But that doesn’t mean most businesses understand how to get the most out of them. One of the biggest, hardest-to-answer questions has always been: When is the best time to send out messages, What’s The Best Time Of Day To Send Emails? [Infographic].I Won’t Buy Apple Products Until The Company Treats Overseas Workers FairlyAt what point will Apple say enough is enough? When will it decide that the costs saved by manufacturing in China arn’et worth the PR blowback, to say nothing of the physical and emotional harm its partnership with Foxconn supports, I Won’t Buy Apple Products Until The Company Treats Overseas Workers Fairly.Your Twitter Hashtag Chats Are Ruining My Life. Please StopHaving a conversation on Twitter is like gabbing in the front row of a rock concert. You have to yell to be heard, and that annoys everyone around you. Yet for some reason, people engage in hashtag chats on Twitter. Hashtag chats are not only rude, they’re unnecessary. There are far better alternatives, Your Twitter Hashtag Chats Are Ruining My Life. Please Stop.Chrome Extension Protects Privacy Against Google, Facebook & 1,000 Other SitesIf you’re tired of logging into Facebook to reset your privacy options every time the company updates its user agreement, a new Chrome extension may be the fix you’re looking for, Chrome Extension Protects Privacy Against Google, Facebook & 1,000 Other Sites.The 5 Commandments For Smartphone OwnersSmartphones are not just for email, Facebook and fantasy football. They are multi-sensory assistant droids that extend our powers of creativity and observation. They’re loaded with powerful cameras, microphones and accelerometers. We can interact with the info they store with our fingers or our voices. They can communicate with other computers. And there’s an app for everything, The 5 Commandments For Smartphone Owners.How Social Media Consultants Dupe Their Corporate ClientsAnyone can call himself a social media expert and find clients willing to pay thousands of dollars for advice. Here are some things to consider before hiring a so-called expert, including whether you really need a social media consultant, How Social Media Consultants Dupe Their Corporate Clients.[Infographic] YouTube’s Top 1,000 Channels Reveal An Industry Taking ShapeYouTube is still the pesky younger sibling of television, which is the wicked uncle of Hollywood. But the social video site is slowly becoming a formidable medium in its own right, creating new business models and spheres of influence for – literally – a million rising stars, [Infographic] YouTube’s Top 1,000 Channels Reveal An Industry Taking Shape.Chirpify: Buy, Sell, Donate With Your Twitter AccountIt was only a matter of time. Tweets are now transactions. A new service called Chirpify has opened Twitter to e-commerce, enabling people to buy, sell, donate, pay and otherwise transact in-stream with their Twitter accounts, Chirpify: Buy, Sell, Donate With Your Twitter Account.ReadWriteWeb ChannelsEnterpriseTake My Facebook Password? Over My Dead BodyIs Microsoft Challenging Google on HTTP 2.0 with WebSocket?[Infographic] Social Media Security Basics MobileFacebook Friends: How Many Is Too Many?Fuzebox, the iPad and the Reality of Simple Unified CommunicationsSquashing Bugs: The Many Layered Approach to Mobile App TestingCloudFollow ReadWriteCloud on Twitter and join the ReadWriteCloud LinkedIn Group.Red Hat Sets a Date for OpenShift Source ReleaseBox Launches Its Own Enterprise Cloud Operating EcosystemGoogle’s Go Programming Language Grows Up: Now What?HackFollow ReadWriteHack on Twitter.Google Adds New Toys to OAuth PlaygroundTrello: Online Collaboration Software at Its FinestRevenge of the DevOps: Microsoft Targets Next Visual Studio for Admins TooReadWriteWeb CommunityYou can find ReadWriteWeb in many places on the web, a few of which are below.ReadWriteWeb on FacebookReadWriteWeb on TwitterReadWriteWeb on Google+ReadWriteWeb on LinkedInReadWriteWeb on PinterestReadWriteWeb on StorifySubscribe to the ReadWriteWeb Weekly Wrap-upWant to have this wrap up delivered to you automagically? You can subscribe to the Weekly Wrap-up by RSS or by email.center_img Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

PVL: FEU tramples San Sebastian in straight sets

first_imgKammuri turning to super typhoon less likely but possible — Pagasa Brace for potentially devastating typhoon approaching PH – NDRRMC Read Next LOOK: Venues for 2019 SEA Games Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH SEA Games in Calabarzon safe, secure – Solcom chief LATEST STORIES With the All-Star Game over, CJ Perez quickly shifts focus on 2nd round San Sebastian, which went to two straight NCAA finals, will now make do without the lethal Grethcel Soltones, who carried the Lady Stags for the past couple of seasons.“So far so good, and I told them to we have to start this tournament on a good note so we can end this on the same level,” said new FEU head coach George Pascua, who replaced Shaq Delos Santos. “They have to release their maximum potential in the games.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“Of course our goal is the championship because it’s still a different when you win a championship, that’s the objective of the team.”Nikka Dalisay led the Lady Stags with 10 points. View comments Catriona Gray spends Thanksgiving by preparing meals for people with illnesses WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding FILE PHOTO – FEU’s Bernadeth Pons (2) celebrates with her teammates. Tristan Tamayo/INQUIRER.netFar Eastern University gored through rebuilding San Sebastian in three sets, 25-17, 25-21, 25-14, in its first match in the Premier Volleyball League Collegiate Conference Sunday at Filoil Flying V Centre in San Juan.Team captain Bernadeth Pons led the Lady Tamaraws with 13 points while Toni Rose Basas added 11.ADVERTISEMENT MOST READ PH women’s volleyball team motivated to deliver in front of hometown crowd PLAY LIST 02:25PH women’s volleyball team motivated to deliver in front of hometown crowd00:50Trending Articles01:08Two elephants trample crowd at Sri Lankan pageant, injuring 1701:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games UPLB exempted from SEA Games class suspensionlast_img read more

10 months agoAgent coy over Lucas Hernandez to Bayern Munich rumours

first_imgAgent coy over Lucas Hernandez to Bayern Munich rumoursby Carlos Volcano10 months agoSend to a friendShare the loveAgent Manuel Garcia Quilon is coy over the future of Atletico Madrid defender Lucas Hernandez.Lucas is being linked with a €85 move to Bayern Munich.”We will have to see what to do in the coming days,” the agent said to Deportes Cuatro.”[Atletico CEO] Miguel Angel Gil Marin was very clear when explaining the situation.”I have nothing more to say.” TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your saylast_img

FSC-Regulated Entities Must Meet Fit and Proper Test

first_img Manager of Communications and International Relations at the Financial Services Commission (FSC), David Geddes, says entities in the insurance, pension and securities industries must meet the FSC’s fit-and-proper requirements in order to legally operate in Jamaica. Story Highlights “Fit and proper, in this sense, would mean persons who have not been convicted of any crime involving dishonesty, are competent, have strong moral principles and are expected to live up to the positions of trust they hold,” Mr. Geddes explained. This means that responsible persons must possess the competence, character, diligence and judgment necessary for them to perform their duties. Manager of Communications and International Relations at the Financial Services Commission (FSC), David Geddes, says entities in the insurance, pension and securities industries must meet the FSC’s fit-and-proper requirements in order to legally operate in Jamaica.This means that responsible persons must possess the competence, character, diligence and judgment necessary for them to perform their duties.“Fit and proper, in this sense, would mean persons who have not been convicted of any crime involving dishonesty, are competent, have strong moral principles and are expected to live up to the positions of trust they hold,” Mr. Geddes explained.He noted that the same fit-and-proper criterion is used by the Bank of Jamaica (BOJ), which overseas deposit-taking institutions like banks, building societies and trust companies.Mr. Geddes was speaking in an interview with JIS News following an FSC town hall meeting at the Cecil Charlton Hall in Mandeville, Manchester, on May 21.The event was in keeping with the entity’s drive to advance financial literacy in Jamaica and encourage greater use of financial services by citizens.Topics explored include creating wealth through investing, retirement planning, protecting assets through insurance, and the rights of consumers.Mr. Geddes said that a key area of focus is the FSC’s role in advancing the Government’s goal of fostering a sound, stable and vibrant financial sector, which inspires confidence, investment and growth.He noted that while the insurance, securities and pension industries are important channels through which long-term savings and investment can be generated, it is important for persons to know how individuals and companies approach risk-taking, as this determines the kinds of investment decisions they make and the impact those choices can have.“For individuals to invest in stocks and securities – to lay aside money each payday for a pension… to buy life, health and property insurance, they must be confident that, when the time comes, the benefits paid for will be there,” he outlined.“An insurance company, for example, that behaves in an unwise and risky manner, puts all shareholders’ investment in jeopardy and may hurt hundreds and thousands of policyholders,” he noted.The FSC’s Mandeville meeting was held in collaboration with the Jamaica Stock Exchange (JSE), Jamaica Deposit Insurance Corporation (JDIC), and the Insurance Association of Jamaica.It was the seventh is a series by the FSC since 2018. The meetings will continue in Portland in July and in St. Thomas in September.last_img read more