Vincent Tchenguiz’s Peverel in administration

first_img Vincent Tchenguiz’s Peverel in administration Show Comments ▼ Embattled tycoon Vincent Tchenguiz’s property management company Peverel has entered administration after failing to repay a loan.Bank of America Merrill Lynch demanded repayment within 24 hours of a £124.6m loan plus £11.4m in accrued interest, another Vincent Tchenguiz company, Consensus Business Group, said in a statement.The demand, on March 10, came just a day after Vincent and his brother Robert Tchenguiz were arrested with seven other people for a Serious Fraud Office investigation into the collapse of Iceland’s Kaupthing Bank.“As a consequence, the Board of Peverel Group Ltd, a guarantor to the loan, had no choice but to appoint an administrator,” CBG said in a statement.CBG chairman Vincent Tchenguiz said he believed Bank of America Merrill Lynch’s demand was a “direct result of the very public commencement of the Serious Fraud Office’s investigation into events surrounding the collapse of Kaupthing bank.”“We have been in consensual discussions with Bank of America Merrill Lynch, since late 2009, about the financial structure of the Group and we regret that their sudden actions have forced this Group in to administration,” he said.A CBG spokesman said the loan was originally with Aztec Acquisitions, and guaranteed by Aztec Opco Developments, a holding company of Peverel Group Ltd.Accounts filed in January this year showed Aztec Opco breached its £116.6m of loan covenants in 2009, but had been hoping to restructure it since then.CBG said Peverel was part of a residential business group that owns about 284,000 residential freeholds, manages about 196,500 residential units and manages the freehold asset of about 64,000 residential units.“The structure carries some £2bn of debt and £2bn of associated fixed rate and RPI (retail price index) swaps,” CBG said.The debt was provided by Allied Irish Bank; Bank of America Merrill Lynch; Bayerische Landesbank; Citibank; Deutsche Bank; Lloyds Banking Group; Prudential UK; Royal Bank of Scotland; and UBS together with bond holders in a securitisation.Vincent Tchenguiz bought Peverel from its U.S. owner Holiday Retirement Corporation in 2007, funding the purchase with £500m finance from Merril Lynch, before the US bank was taken over by Bank of America. whatsapp whatsapp center_img Share Tags: NULL Monday 14 March 2011 4:24 pm alison.lock last_img read more

The Kanabo share price: should I get involved or steer clear?

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Jonathan Smith | Monday, 22nd February, 2021 | More on: KNB Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The Kanabo Group (LSE:KNB) share price has performed exceptionally well in the first week of trading following the IPO last week. From an issue price of 6.5p, the shares closed last Friday at 31p. This reflects a gain of almost 400%. The first few weeks of a new stock trading on the LSE are usually volatile. Yet even by IPO standard, this was a big move. So what’s the story here, and should I look to buy?The backstory on KanaboKanabo manufactures CBD products, marijuana pods and inhalers, and other similar items. It says that all the cannabis and other drug-related products are purely for medicinal purposes and wellness. Although Kanabo shares are unlikely to be included in any ESG investors portfolio, it’s technically legal. Cannabis (for medical use) was legalised in the UK back in 2018. Regulators have also given the green light for these types of companies to list on the LSE.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It thus became the first medical cannabis company to go public here in the UK. Given the Kanabo share price performance in the first week, I’d say it’s been a success so far. The company finds itself with a market capitalisation of around £112m. The funds raised from the IPO are going to be ploughed back into product development.Could the Kanabo share price head higher?Firstly, let’s look at the size of the market. There’s no question that the cannabis market is growing globally. More countries are legalising it, leading to forecasts that in Europe and the UK, the market could be worth £1.7bn over the next four years. Clearly, Kanabo is in a good position to reap the benefits of this growth. On the other hand, the market is still relatively new here in Britain. There’s no blueprint for Kanabo to follow.As a company that’s just listed, it’s hard for me to find all the financial details to give me more insight. A private limited company doesn’t have to share as much financial info as a public one does. From what I can find, the business is loss-making. The latest loss after tax for the 2019 period was £360k. Without more detailed financial reporting, I can’t glean much aside from that. And investing in a company that has been losing money doesn’t seem a smart play.Given the size of Kanabo, I think the share price could head higher as it could become a takeover target. A larger pharmaceutical company that sees the growth potential in this sector could look to buy it. Depending on the premium put on the Kanabo share price at that time, shareholders could see a large profit from buying now. But that’s not guaranteed, of course.As I’ve flagged in recent IPO articles on Bumble and Moonpig, I’m not a fan of investing just after an IPO. This is the same risk with Kanabo. I’d much prefer to sit on the sidelines for a month and see where the share price settles before making a move. This reduces my chances of large losses during the volatile initial trading period.center_img The Kanabo share price: should I get involved or steer clear? Image source: Getty Images jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Simply click below to discover how you can take advantage of this. See all posts by Jonathan Smithlast_img read more

Brazil: Archbishop welcomes Olympic sportspeople but criticizes organizers

first_img Rector (FT or PT) Indian River, MI Submit an Event Listing Rector Belleville, IL Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Tags Director of Music Morristown, NJ Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem [Anglican Communion News Service] The primate of Brazil has given a warm welcome to the athletes and visitors of the 2016 Olympic Games in Rio de Janeiro, while criticizing the games’ administrators for serious mismanagement. Archbishop Francisco de Assis da Silva of the Episcopal Anglican Church of Brazil said that the Olympic Games “bring together the peoples of the world through healthy competition in several individual and team sports” and provide the opportunity to “encounter, learn, and share the world’s diversity.”Full article. Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Brazil: Archbishop welcomes Olympic sportspeople but criticizes organizers Missioner for Disaster Resilience Sacramento, CA Featured Events South America Priest Associate or Director of Adult Ministries Greenville, SC Associate Rector Columbus, GA Curate (Associate & Priest-in-Charge) Traverse City, MI Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Tampa, FL Associate Rector for Family Ministries Anchorage, AK By Gavin DrakePosted Aug 11, 2016 Rector Collierville, TN In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Shreveport, LA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Canon for Family Ministry Jackson, MS Assistant/Associate Priest Scottsdale, AZ Submit a Job Listing Rector Martinsville, VA Director of Administration & Finance Atlanta, GA Rector Albany, NY Rector Pittsburgh, PA center_img Cathedral Dean Boise, ID Assistant/Associate Rector Washington, DC This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Submit a Press Release Anglican Communion, Rector Bath, NC Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Priest-in-Charge Lebanon, OH Associate Priest for Pastoral Care New York, NY New Berrigan Book With Episcopal Roots Cascade Books Rector and Chaplain Eugene, OR Rector Washington, DC The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Family Ministry Coordinator Baton Rouge, LA Rector Hopkinsville, KY Rector/Priest in Charge (PT) Lisbon, ME Curate Diocese of Nebraska Press Release Service Bishop Diocesan Springfield, IL The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Featured Jobs & Calls Rector Knoxville, TN Rector Smithfield, NC Course Director Jerusalem, Israel An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Youth Minister Lorton, VA Assistant/Associate Rector Morristown, NJlast_img read more

Training journalists in handling danger in Pakistan’s Tribal Areas

first_img April 21, 2021 Find out more News RSF_en Pakistan was the world’s deadliest country for journalists for the second year running in 2011. Ten journalists were killed in Pakistan last year, three of them in the Tribal Areas in the northwest of the country, along the border with Afghanistan. A total of 11 journalists from the Tribal Areas have been killed since 2005.To respond the dangers, Reporters Without Borders and its Peshawar-based partner organization, the Tribal Union of Journalists, organized a series of safety training sessions for local journalists in the latter part of 2011.Reporters from Khyber, Kurram, Bajaur, Orakzai, Mohmand, North Waziristan and South Waziristan attended the six one-day sessions that were held at the TUJ’s headquarters from 1 November to 4 December. In all, about 90 journalists were taught safety rules and the procedures they should adopt in cases of danger.Led by Reporters Without Borders representative Iqbal Khattak, an experienced trainer, the one-days sessions also provided instruction in first-aid techniques, methods for preventing and evaluating risks, and the attitude to adopt towards one’s kidnappers in the event of abduction.A copy of the Reporters Without Borders Handbook for Journalists, in Urdu, will also be given to all participants, thanks to the support of UNESCO Islamabad.“The eyes of the entire world are turned to the border between Afghanistan and Pakistan and the media do not want to miss the events taking place there,” Khattak said. “This region is extremely dangerous. Foreign journalists and journalists working in other parts of Pakistan rarely come here. The local journalists are the only ones capable of covering the news in this region. Nonetheless, many of them are not sufficiently trained in dealing with the risks to which they are exposed.”Journalists in the Tribal Areas are at the mercy of the Taliban, who try to impose favourable coverage of their “Jihad” by force. At the same time, the local authorities and armed forces find it hard to tolerate coverage of the excesses that occur in the course of the “war on terror.” Reporters also have to take account of the dangers resulting from US and Pakistani military operations against Al-Qaeda.In his address inaugurating the first training session on 1 November, Reporters Without Borders secretary-general Jean-François Julliard referred to the many Pakistani journalists killed in recent months and the importance for Reporters Without Borders of supporting the journalists in the Tribal Areas. “This training is intended to help them to be better prepared, but the authorities also have a duty to try to ensure the safety of journalists in Pakistan,” Julliard added. Help by sharing this information This action was made possible by the EU’s European Instrument for Democracy and Human Rights (EIDHR), of which Reporters Without Borders is a beneficiary. PakistanAsia – Pacific Pakistani journalist critical of the military wounded by gunfire News News June 2, 2021 Find out more to go further Pakistani supreme court acquits main suspect in Daniel Pearl murder Organisation Follow the news on Pakistan PakistanAsia – Pacific Pakistani TV anchor censored after denouncing violence against journalists News Receive email alerts January 10, 2012 – Updated on January 20, 2016 Training journalists in handling danger in Pakistan’s Tribal Areas January 28, 2021 Find out morelast_img read more

The Resnick Sustainability Institute Presents “Element 19: A Breakthrough Discovery in Sustainable Chemistry” Screening and Panel Discussion

first_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Herbeauty10 Celebrity Body Parts Insured For Ridiculous AmountsHerbeautyHerbeautyHerbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeauty Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Make a comment Subscribe 8 recommended0 commentsShareShareTweetSharePin it Name (required)  Mail (required) (not be published)  Website  Business News center column 2 The Resnick Sustainability Institute Presents “Element 19: A Breakthrough Discovery in Sustainable Chemistry” Screening and Panel Discussion From STAFF REPORTS Published on Monday, April 20, 2015 | 12:32 pmcenter_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes The Resnick Sustainability Institute presents a screening of its first short documentary film “Element 19: A Breakthrough Discovery in Sustainable Chemistry” on Earth Day, Wednesday April 22, at Caltech’s Lees Kubota Lecture Hall.Element 19 (which is the number for potassium on the periodic table) shines a light on the remarkable Caltech discovery of a renewable potassium-based catalyst that can be used for the manufacture of essential chemical products that is both sustainable and affordable.Featuring PhD student and Dow-Resnick Fellow, Anton Toutov, Professors Robert H. Grubbs and Brian M. Stoltz, postdoctoral scholar Wen-Bo “Boger” Liu, and undergrad Kerry Betz, the film aims to broadly explain the implications of the team’s groundbreaking work in sustainable chemistry in an accessible way.The short feature will be followed by a panel discussion with the research team and filmmakers. The event will close with a celebratory reception in the Guggenheim lobby.Element 19 Screening and Panel Discussion will be held on Wednesday, April 22, 5:00 to 5:45 p.m. with a reception from 5:45 to 6:30 p.m. at the Lees-Kubota Lecture Hall, Guggenheim Bldg, Caltech Campus (1200 E. California Blvd., Pasadena).For more information visit http://resnick.caltech.edu/events.php and to learn More about the film, visit http://resnick.caltech.edu/documentary.phpPlease help by liking and sharing the movie on Facebook https://www.facebook.com/pages/Resnick-Sustainability-Institute-at-Caltech/123439771068030 Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. More Cool Stuff First Heatwave Expected Next Week Your email address will not be published. Required fields are marked *last_img read more

Hamilton residents oppose license

first_img By Jaine Treadwell Remember America’s heroes on Memorial Day Oliver also asked the commission’s approval of a ROW variance for the Broadway Group subdivision. The width extension of the ROW was not needed, Oliver said.The commission voted to approve Oliver’s requests.Oliver said the county’s second round of mowing of the ROWs is set to begin, with mowing in the Meeksville area scheduled for closer to the Fourth of July and the annual Meeksville Parade.Sanders presented a candidate for the part-time position in the County Administrator’s Office due to the illness of a staff member. Sanders said the candidate was selected from several outstanding applicants. The name will be withheld until the commission notifies the candidate of his/her approval and pending acceptance. You Might Like Submerged At Southside Baptist Church Vacation Bible School in Troy, the word, “submerged” has taken on a whole new meaning for… read more Pike County Sheriff’s Office offering community child ID kits Book Nook to reopen Sanders had good news for county residents who are served by Arrow Disposal. Sanders said the garbage disposal company has elected not to increase its rates for the coming year.Sanders said county garbage collection for the week of the Fourth of July will be delayed by one day.“Everybody’s garbage will be picked up one day later because of the holiday on Monday,” Sanders said. Hamilton residents oppose license By The Penny Hoarder Print Article Published 3:00 am Tuesday, June 28, 2016center_img Commissioner Homer Wright advised the commissioners on the cost of flags that have been designed for the Pike County Commission and will be flown at the six facilities owned by the commission. Each flag will cost $120. The funds have already been budgeted for the project.County Engineer Russell Oliver presented three items for the commission’s consideration.He asked the commission’s approval of a resolution for the county to participate in the Southeast Regional Counties Joint Bid Program. All counties are in the Southeast Region of ADOT.Oliver presented a personnel request for a temporary hire. The commission had approved three temporary hires at its last meeting. However, one of approved hires was unable to accept the position and an alternate had to be selected. Latest Stories Residents from Hamilton Crossroads brought their concerns about a local restaurant serving beer and alcohol to the Pike County Commission meeting on Monday.David Miles spoke to the Pike County Commission Monday and expressed the concern of the Hamilton Crossroads Church of Christ members in regard to the application for the retail beer and wine, on and off premises, for The Smokin’ Skillet Café located on Highway 231 near the Hamilton Crossroads community.County Administrator Harry Sanders said a vote on the application couldn’t be taken until the commission’s first meeting in July in order to give time for public comment. The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Sponsored Content Email the author Plans underway for historic Pike County celebration Troy falls to No. 13 Clemson Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthRemember Them? I’m Sure Their New Net Worth Will Leave You SpeechlessbradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

‘Living in squalor’: Watchdog agency slams New York City homeless placement program

first_imgLewisTsePuiLung/iStock(NEW YORK) — New York City’s own inspector general ripped a controversial city program intended to help curb homelessness after a probe showed it left needy families “living in squalor under the roofs of unscrupulous landlords.”The city’s Department of Investigation released on Thursday its findings from a probe into New York’s Special One-Time Assistance program, or SOTA, launched by Mayor Bill de Blasio’s administration in 2017. The report comes just days after Newark, New Jersey, officials filed a federal lawsuit accusing de Blasio and his Department of Homeless Services Commissioner Steven Banks of turning their community into a homeless dumping ground.“The SOTA program was designed to help New York families break the cycle of homelessness and set them on a path to achieve stable, affordable housing,” Margaret Garnett, commissioner of the Department of Investigation, said in a statement on Thursday. “Instead, because of a lack of proper oversight and poorly designed paperwork, our investigation showed some SOTA families placed in housing outside of New York City were living in squalor under the roofs of unscrupulous landlords, who collected tens of thousands of dollars in rental payments upfront from the City to provide these subpar conditions with little risk of accountability for their actions.”The DOI began its investigation in February. Among its findings were a landlord who owned multiple properties in Newark leased under the SOTA program failing to fix a defective boiler, resulting in maximum apartment temperatures of 43 degrees. Another property housed a family in an illegal attic crawling with vermin, and a third property had no heat and dysfunctional electrical outlets.The findings appear to support allegations made in the lawsuit filed on Monday at the behest of Newark Mayor Ras Baraka, alleging de Blasio and Banks orchestrated an “ill-conceived, surreptitious” program that has become a public nuisance. Isaac McGinn, a spokesman for the New York City Department of Social Services, said the DOI investigation happened after the city referred a bad landlord to the department.“We agree on the need to continually strengthen our programs, which is why we made addressing these very points our top priority over a year ago, during the first twelve months of the program,” McGinn said in a statement Thursday to ABC News. “We have since implemented comprehensive apartment review standards — and we provide continual training to staff regarding the program, its enhancements, and the steps they are required to take to ensure clients are connected to safe apartments as they get back on their feet.” The probe found landlords and brokers have been taking advantage of the program, “collecting upfront full-year’s rental payments and a 15% broker’s fee, despite leaving tenants in dilapidated housing.” According to the report, the average annual SOTA apartment lease cost the city about $17,000, plus a $2,550 broker’s fee.The DOI recommended the program stop giving landlords full-year upfront rent and, instead, pay installments throughout the year to maintain leverage over landlords who ignore complaints from SOTA tenants.The Newark lawsuit, filed in U.S. District Court in New Jersey, contends the SOTA program, has “unlawfully coerced” people into leaving the New York City’s shelters for dilapidated, rodent-infested housing in neighboring communities.Under SOTA, the city offers families that have been in shelters for at least 90 days housing subsidies for up to a year as long as the heads of households work and earn income for future rental payments.Between September 2017 and September 2019, 5,074 heads of household were placed into permanent housing through SOTA, according to the DOI report. About 35% were placed in housing in New York City, while 65% were placed outside the city.Some participants of the program have said the subsidies are not enough for them to live in New York, so they’re being shipped to more affordable communities, where they’re virtually abandoned in substandard housing, according to the lawsuit.While the program requires New York’s Department of Homeless Services to conduct walk-throughs of apartments before placing people in them, the lawsuit contends that’s rarely happened. “Defendants have caused a public nuisance that has significantly harmed any considerable number of Newark’s residents and the State of New Jersey residents,” reads the lawsuit.The DOI report found that the SOTA program’s housing specialists assigned to inspect potential housing for habitability “were not properly trained to detect health and safety hazards, and some did not conduct the required inspections despite documenting that they had.”According to the report, the New York City Human Resources Administration and the Department of Homeless Services has started to implement reforms to correct deficiencies in the SOTA program.DOI officials said the department will monitor the reforms “to ensure city funds are not wasted and homeless families are given a real chance to succeed.”Newark leaders, who have outlawed SOTA in the city, claim 2,200 families have been placed in 62 New Jersey towns, including 1,198 in Newark.“New York has continued to send people despite us having several discussions about our problems with their program,” Newark’s corporation counsel, Kenyatta Stewart, told the Newark Star-Ledger. “We need to get a judge involved so they can stop shipping people to Newark.” Elizabeth, New Jersey, Mayor J. Christian Bollwage said in a statement Tuesday it was “strongly considering going forward in joining Newark” in a possible class-action lawsuit.Avery Cohen, de Blasio’s deputy press secretary, blasted the lawsuit in a statement to ABC News on Tuesday.“In the face of a regional housing crisis, the City of Newark has inexplicably taken a page from the Trump playbook, building a wall to single out and prevent families from seeking housing where they want to live,” Cohen’s statement reads. “This is wrong, hypocritical, and amounts to nothing short of income-based discrimination. We will continue to fight to ensure that families have the right to seek stable and safe housing.” Sha-Kira Jones, one of several SOTA program participants named in the lawsuit, said she never wanted to live in New Jersey. She said she felt pressured to move there after living in a shelter for 10 months with her two young children while pregnant at the time, according to the lawsuit. They ended up in a Newark apartment, where the electricity stopped working and all the food in her refrigerator spoiled.She claims complaints to her landlord were ignored, and New York City officials refused to intervene, according to the suit. She eventually learned she was living in an illegally converted apartment. Another SOTA recipient, whose name was not included in the lawsuit because the individual was “fearful of future reprisal by the Defendants,” claimed in the lawsuit that her apartment was rodent- and roach-infested, the bathroom ceiling collapsed and that the heater never worked.She said she was forced to leave the apartment when Newark city officials told her the building was being condemned.Loreal Bell, another SOTA recipient, said she was moved into an apartment in Newark that was mice-infested, had faulty wiring and no heat, according to the suit. She claimed that when she complained to officials at the New York Department of Homeless Services, she was told to contact Newark officials.“Ms. Bell,” according to the lawsuit, “feels like she was ‘dumped here and is now a Newark problem.’”Copyright © 2019, ABC Audio. All rights reserved.last_img read more

Profiting responsibly

first_img Previous Article Next Article Profiting responsiblyOn 30 Mar 2004 in Personnel Today Comments are closed. Related posts:No related photos. Why bother with corporate social responsibility (CSR)? If you are stillpondering on this after our front page story, consider how serious you areabout developing a high-performing business; think about some of the principlesthat led you into HR as a career in the first place; and remind yourself aboutthe changing, demanding times in which we are living and working. Whether we like it or not, as consumers and employees we worry more, trustless, expect a good deal, challenge a lot and are much better informed than ourpredecessors. Ethical trading is important to us both as purchasers of goods,shareholders and as workers. CSR is about organisations taking a responsible approach to their businesspolicies, practices and behaviours and in so doing earning the trust of theiremployees, customers and partners. All the evidence suggests CSR is fundamentalto strong profitability and productivity (page 1) whatever the size of thebusiness. CSR is not just a fad – it’s an instrument for fashioning change. In thewords of the Boots Group HR and operations director Paul Bateman, CSR is nolonger about buffing up your corporate reputation – it’s about doing goodbusiness. HR cannot ignore this trend and will need to be an instigator or at least amajor supporter of CSR going forward. Like diversity, CSR should bemainstreamed into the organisation and owned by all functions. Few stakeholderscould argue with the concept, yet it is the business leaders who are stillpaying lip service to CSR and who have been slow to make the cultural shift. According to The Work Foundation, there is a veritable army of mediocre,small to medium sized and even larger business that simply do not understandCSR or the performance challenge. There is much to learn from the foundation’s new research and from retailerssuch as Marks & Spencer, which has aligned its HR and CSR teams and isworking hard to embed it into the heart of the business. This week, it launchedMarks & Start, a new community initiative to provide opportunities for10,000 disadvantaged people who face barriers to work. Helping to drive CSRinitiatives is a great way for HR to develop its business partnering role andhave the strategic impact it deserves. Give your team recognition The Personnel Today Awards are up and running and we’re looking to shortlist52 innovative HR teams. There are 13 categories in this year’s scheme,reflecting the variety of work undertaken by HR in all types of organisations.If your HR department has made significant contributions to the business in thepast 18 months then go to www.personneltodayawards.com for full details of howto enter. Participation is easy and free, and you could win a glittering nightout for your team in London in October. last_img read more

Characteristics of mesospheric gravity waves over Antarctica observed by Antarctic Gravity Wave Instrument Network imagers using 3-D spectral analyses

first_imgWe have obtained horizontal phase velocity distributions of the gravity waves around 90 km from four Antarctic airglow imagers, which belong to an international airglow imager/instrument network known as ANGWIN (Antarctic Gravity Wave Instrument Network). Results from the airglow imagers at Syowa (69°S, 40°E), Halley (76°S, 27°W), Davis (69°S, 78°E) and McMurdo (78°S, 167°E) were compared, using a new statistical analysis method based on 3-D Fourier transform [Matsuda et al., 2014] for the observation period between 7 April and 21 May 2013. Significant day-to-day and site-to-site differences were found. The averaged phase velocity spectrum during the observation period showed preferential westward direction at Syowa, McMurdo and Halley, but no preferential direction at Davis. Gravity wave energy estimated by I’/I was ~5 times larger at Davis and Syowa than at McMurdo and Halley. We also compared the phase velocity spectrum at Syowa and Davis with the background wind field and found that the directionality only over Syowa could be explained by critical level filtering of the waves. This suggests that the eastward propagating gravity waves over Davis could have been generated above the polar night jet. Comparison of nighttime variations of the phase velocity spectra with background wind measurements suggested that the effect of critical level filtering could not explain the temporal variation of gravity wave directionality well, and other reasons such as variation of wave sources should be taken into account. Directionality was determined to be dependent on the gravity wave periods.last_img read more

Utah’s Gobert Discusses Symptoms

first_img Written by FacebookTwitterLinkedInEmail(Salt Lake City, UT) — Jazz center Rudy Gobert spent part of his Sunday tweeting about symptoms of coronavirus.Gobert said he has lost his sense of smell and taste over the past few days. He is recovering after being the first NBA player confirmed to have the virus. Associated Press March 23, 2020 /Coronavirus (COVID-19) related news and sports stories, Sports News – Local Utah’s Gobert Discusses Symptoms Tags: Coronavirus/COVID-19/Rudy Gobert/Utah Jazzlast_img read more