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Over 50 Donegal projects supported by Community Enhancement Programme

first_img WhatsApp Facebook Arranmore progress and potential flagged as population grows Facebook Journey home will be easier – Paul Hegarty News, Sport and Obituaries on Monday May 24th Over 50 Donegal projects have been supported through the 2020 Community Enhancement Programme.The Programme, funded by the Department of Rural and Community Development, is designed to support community groups, particularly in disadvantaged areas, through the provision of small capital grants.Among the projects funded in 2020 include childcare groups and playgrounds, recreational groups, community gardens and premises, sports grounds and initiatives that support the elderly.There were two rounds of this funding in 2020 – June and August – with a total of €7m available to improve facilities.In total 3,068 projects across the country are being funded.Commenting on the announcement, Minister McConalogue said “these community supports are vitally important to encourage rural community development and to assist local community projects in Donegal”. WhatsApp Google+ Previous article12 Covid related deaths and 865 new cases confirmed in NINext article99 fines for non-essential travel issued by Gardai in North West News Highland By News Highland – January 22, 2021 DL Debate – 24/05/21 center_img Pinterest Homepage BannerNews Twitter Over 50 Donegal projects supported by Community Enhancement Programme Google+ RELATED ARTICLESMORE FROM AUTHOR Twitter Pinterest Important message for people attending LUH’s INR clinic Harps come back to win in Waterford last_img read more

Oil industry impairments to continue as coronavirus hastens corporate re-think

first_imgAnalysts expect oil and gas industry impairments to continue after coronavirus pressures prompted Shell and BP into multi-billion-dollar asset write-downs Oil industry faces a ‘pivotal moment’ as coronavirus accelerates calls for green transitionBoth Shell and BP have announced plans to accelerate their transition to net-zero by 2050, strategies that involve reviewing existing business models under the lens of shifting energy demands and consumption habits.BP chief executive Bernard Looney recently identified a “pivotal moment” for energy firms as efforts intensify to avoid falling into a climate crisis.Analysis from Rystad Energy suggests the Covid-19 pandemic will hasten the timeframe of peak oil demand, with reduced capital spending plans among producers “putting a lid on exploration efforts in remote offshore areas”, reducing the world’s recoverable oil by around 282 billion barrels.Wood Mackenzie’s vice president of corporate analysis, Luke Parker, believes these renewed price assessments and portfolio adjustments from Shell and BP signal a “fundamental change” sweeping through the sector, delivering “a message about stranded assets”.He said: “Just a few years ago, few within the oil and gas industry would even countenance ideas of climate risk, peak demand, stranded assets, liquidation business models and so on. Today, companies are building strategies around these ideas,” he said.“Demand might still grow from here, and many companies are still chasing a share of that growth. But make no mistake, the corporate landscape is changing, and the majors are changing with it.” Shell announced a portfolio write-down of up to $22bn this week (Credit: Wikimedia Commons/Raysonho) More large-scale impairment charges are to be expected across the oil and gas industry, as companies come to terms with a new market environment after coronavirus, say analysts.The forecast follows Royal Dutch Shell’s warning this week that up to $22bn could be wiped from the value of its assets after it cut its long-term fuel-price outlook – in a similar move to that of European rival BP, which last month announced a portfolio write-down of up to $17.5bn.Commodity prices have nosedived during the pandemic amid falling worldwide demand, and as the clamour for a renewables-led recovery grows stronger, Shell has lowered its long-term price outlook for the Brent crude benchmark to $60 per barrel.Oil prices have recovered slightly to around $40 per barrel since the dismal months of April and May – largely as a result of global efforts to curtail production and slowly-returning demand as countries begin to loosen lockdown restrictions.Shell estimates Henry Hub natural gas prices of $3 per million British thermal units (Btu) beyond 2023, while its long-term refining profit margin outlook was cut by 30%.The adjustments have led the Anglo-Dutch oil major to anticipate “post-tax impairment charges in the range of $15bn to $22bn” during the second quarter of this year.“This process has further to run, and we expect further large impairments to occur across the sector,” said Wood Mackenzie’s upstream research director Angus Rodger.“The major oil companies are going through a process of reassessing long-term oil price assumptions and investment hurdle rates.”last_img read more


first_imgFacebookTwitterCopy LinkEmailShare Amendment 4 (Adams): This holds in abeyance the grant to the Affordable Housing Trust Fund allocation from $500,000 to $0 until City Council has received the Affordable Housing Trust Fund’s first two quarterly financial reports in 2019 for review and approval. After such approval, the City Council will entertain a new appropriation of $500,000 for the Fund. This memo was just sent to members of the Evansville City Council by their Legal Counsel, Joshua Claybourn.DEAR CITY COUNCIL MEMBERS;I’ve attached all of the budget amendments that I’ve received so far and had a brief summary below.  Please review any that you are sponsoring as soon as possible in order to let me know if you have any changes. Amendment 3 (McGinn): This proposes reducing the grant to the Affordable Housing Trust Fund from $500,000 to $100,000. Amendment 2 (McGinn & Elpers): This proposes cutting the City’s $130,000 contract with New Hope for a Highway 41 bus service. Amendment 5A (Mercer): This proposes cutting all non-profit grants by 25% except for I-69 Bridgelink, UNOE, Leadership Evansville, and SWIRCA. Amendment 6 (Elpers): This amendment reduces the City’s contribution to employee health insurance premiums by $10.00 per month ($120 per year) for each employee, which will have the effect of requiring employees to increase their share of health insurance premiums by $10.00 per month ($120 per year). This would not apply to Teamsters since they are on their own health insurance plan. Amendment 5 (McGinn & Elpers): This proposes cutting all non-profit grants by 25% except for I-69 Bridgelink and UNOE. Amendment 1 (Weaver): This amendment calls for a $3 million cut from the budget to line items designated and specified by the administration. If this amendment passes, the Council tables final passage of a budget until October 22nd in order to allow the administration to identify and propose its specific cuts.last_img read more

Customs and Police Target Drug Couriers in Airports across Africa and Brazil

first_img An operation to disrupt the trafficking of drugs from South America to Europe via Africa has resulted in the seizure of more than 500 kilos of drugs and the recovery of cash totaling US$ 3.31 million in 25 airports across Western and Central Africa and Brazil. Operation Cocair 3, led by the World Customs Organization (WCO) supported by INTERPOL and the United Nations Office on Drugs and Crime (UNODC), also resulted in nearly 50 arrests in addition to the recovery of guns, counterfeit products including medicine and goods prohibited from export such as ivory and cultural artworks. Cocaine, heroin, cannabis, ecstasy, methamphetamine and amphetamines were among the drugs discovered in suitcases and a variety of hiding places including cans of tuna, and in one instance beneath a woman’s wig. In addition to normal risk profiling by customs officers, during the two-week operation in November and December 2011, advance passenger information checks against INTERPOL’s global databases enabled the early identification of individuals suspected of involvement in drug trafficking, leading to their arrest either as they attempted to leave Brazil or upon arrival at their destination airport. In addition to the WCO communications network among the participating countries, INTERPOL’s global network connecting each of its 190 National Central Bureaus also led to arrests in countries not taking part in Cocair 3. The Command and Coordination Centre at INTERPOL’s General Secretariat headquarters in Lyon, France liaised with countries to pass on information about high-risk passengers, such as a 48-year-old South African man arriving from Brazil via Lisbon who was taken into custody at Maputo airport in Mozambique with 53 capsules of cocaine in his stomach. Announcing the results in Dakar, Secretary General of the WCO, Kunio Mikuriya said, “It is essential that we unite and coordinate our efforts on a daily basis to fight illicit drug trafficking in all its forms and on all fronts: this is a scourge exacerbated by the effects of globalization. Operation Cocair 3 – the result of some excellent cooperation between WCO, INTERPOL, UNODC and the European Commission – is a fine example of the success we can achieve.” By Dialogo February 15, 2012last_img read more

Unfair Chinese Competition Slams Latin America

first_imgA man works in a steel distribution factory in Monterrey in northern Mexico, on May 31, 2018. – Mexico announced sweeping retaliatory tariffs on a host of US goods Thursday after the United States slapped steep tariffs on steel and aluminum from Mexico, Canada and the European Union. (Photo by Julio Cesar AGUILAR / AFP)The mineral was extracted illegally and was part of illicit activities of the Knight Templar drug cartel. The criminal group has the most links with Chinese mafias and businesses related to steel, because it controls steel mines in Michoacán, the Mexican state with the most steel reserves. According to authorities, more than 200,000 tons of illegally mined steel had been seized in previous months, and most of it was destined to China, the BBC said.Integration is urgentAccording to Leal, the way to combat China’s impact is to advocate for regional countries to conduct stronger integration processes that allow for measures to halt the impact of unfair competition, and increase and support the added value of the Latin American production.“The battle’s success depends on the political and economic integration of Latin American countries to create efficient barriers against the excessive and illegal entry of Chinese steel products. The world seeks to defend itself from China’s overcapacity, and countries defend themselves by creating standards to mitigate the effects of this unfair trade,” said Leal.“We should also be concerned by our inability to maintain a productive chain that generates added value to our industry. The focus now shouldn’t be to only protect the steel industry by imposing tariffs to level the competitive playing field among local and Chinese producers, but to protect products that have a significant added value and that struggle in unfair conditions,” he concluded. By Gustavo Arias Retana / Diálogo August 23, 2019 Unfair Chinese practices in the commercial exchange of steel products affect Latin American businesses and exacerbate the region’s deindustrialization. During 2018, China’s indirect steel trade exports to Latin America –– products manufactured with steel components such as automobiles, home appliances, and machinery –– registered a 17 percent increase to almost $47.47 billion, according to a May 19, 2019 report from the Latin American Steel Association (Alacero, in Spanish), an organization that brings together steel companies from 20 Latin American countries.The increase is worrisome to Francisco Leal, Alacero general director. Chinese steel companies are frequently accused of using unfair trade practices such as dumping, which consists of selling a product for less than its regular market price or even less than its production cost to eliminate the competition, take ownership of the market, and vastly recover the investment.“What we know is that Chinese steel is a problem caused by all the subsidies the industry receives,” said Leal to Diálogo. “The world seeks to defend itself from Chinese enterprises’ global overcapacity; many European countries impose measures to mitigate the effects of unfair trade. Latin America is behind in that process.”The impact on the Latin American industry is clear, when analyzing the weight Latin America currently bears as an indirect market for Chinese steel, Leal says. In 2016, according to data from Alacero, the region received 7 percent of China’s global indirect steel trade, while in 2018 that number rose to 11 percent, a four percentage point increase.“Current anti-dumping cases show there’s a reaction from Latin America to China’s unfair trade, even though the method doesn’t seem efficient or sufficient, since China triangulates its steel to Latin America and finds any means possible to position its steel in the region,” Leal said.There are currently 42 Latin American complaints against Chinese companies related to steel dumping, according to data from Alacero.Employment takes a hitAlacero’s director says the situation directly impacts job creation in Latin America because Chinese companies’ unfair practices end up affecting regional industries and businesses are forced to cut their operations and avoid hiring staff.“China exports high productive-chain and job-management products, while Latin America exports products with less added value that compromise its job creation potential,” said Leal. “As such, there’s a direct relationship between import substitution due to increased industrialization as a regulatory tool for the trade balance and apparent domestic consumption.”Mexico and Brazil are the most affected countries, as they’re the main consumers of indirect steel from China in Latin America. Together they consume 56 percent of total imports in the region.Organized crimeThe Latin America-China relationship around steel production also involves organized crime, especially Mexican drug cartels.For example, in March 2014, the Mexican Armed Forces intercepted Chinese cargo ship Jian Hua, which transported 68,000 tons of undocumented steel, the BBC news agency reported.last_img read more

How this financial habit of millennials could increase inequality

first_imgby: Stephen MooreRecent polling shows a big majority of Americans think it will be more difficult for this generation of millennials to achieve the American dream of climbing the economic ladder.That’s probably way too much pessimism, but what is troubling is the early indicators of how young people are faring in the economy and what they are doing with their money.The first bad sign is that fewer young people between 18 and 24 are working. The labor force participation rate for this age group is now near a 50-year low, at 65 percent. If you’re 22 and not working, you are dependent, not independent. Just over half of 18- to 23-year-olds live with their parents. Will they ever leave home? continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

China Sinopharm’s potential COVID-19 vaccine triggers antibodies in clinical trials: Journal

first_imgSinopharm’s chairman told state media last month that a potential vaccine could be ready by the end of this year with Phase 3 testing expected to be completed in about three months.The novel coronavirus, which has killed more than 750,000 people globally, has prompted a race to develop a vaccine. More than 150 candidate vaccines are being developed and tested around the world.Russia became the first country to grant regulatory approval to a vaccine after less than two months of human testing, and a shot developed by Chinese firm CanSino Bilogics has been cleared for use in the military.China is leading the development of at least eight vaccine candidates in different stages of clinical trials. A coronavirus vaccine candidate developed by a unit of China National Pharmaceutical Group (Sinopharm) appeared to be safe and triggered antibody-based immune responses in early and mid-stage trials, researchers said.The candidate has already moved into a late-stage trial, one of a handful of candidates being tested on several thousand people to see if they are effective enough to win regulatory approval.Sinopharm is testing the potential vaccine in the United Arab Emirates in a Phase 3 trial expected to recruit 15,000 people, as China has too few new cases to be a useful trial site. The state-owned company will also supply the candidate to Pakistan as part of a trial agreement, the Wall Street Journal reported.The shot did not cause any serious side effects, according to a paper published on Thursday in the Journal of the American Medical Association (JAMA) by scientists who are part of Sinopharm and other China-based disease control authorities and research institutes.The results were based on data from 320 healthy adults in Phase 1 and 2 trials.The candidate triggered robust antibody responses in inoculated people, but it remained unknown if that was sufficient to prevent COVID-19 infection, researchers developing the vaccine said in the paper.center_img Topics :last_img read more

Natural appeal as terraces embrace parkland setting

first_imgThe Sunland Group development adjoins a conservation corridor and park.The residences feature a mix of three-bedroom and three-bedroom-plus-study designs, with two bathrooms, guest powder room, generous living areas, and quality fittings and finishes. More from news02:37International architect Desmond Brooks selling luxury beach villa19 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe first display home has opened. Prices start from $425,000.“The community adjoins an expansive conservation corridor which preserves the outlook of every home, and a large central park is in walking distance from every residence.” He said the collection was enhanced by entwined garden arbour settings.“Terrace homes combine the best of both worlds, offering the same space and contemporary design as freestanding homes, with the added benefits of enhanced privacy and well-maintained landscaping,” he said. center_img Arbour Residences is a collection of 113 contemporary terrace homes.ARBOUR Residences is a collection of 113 contemporary terrace homes, priced from $425,000.The first residences are due for completion in mid-2018.“Arbour Residences is already showing strong appeal to first-home buyers and families seeking to embrace the community’s wonderful parkland environment,” said Sunland Group managing director Sahba Abedian. last_img read more

Cech: Title could be just the start

first_img Didier Drogba and John Terry scored goals, with both, like Cech, survivors from Chelsea’s first Premier League win in 2004-05. “It’s always nice to be there and make a contribution to the success,” Cech said. “We cannot deny that at certain stages of this season we all contributed with moments that help us to be in the position we are. “It’s been 10 years on and we’re still here. It is a great feeling to have another chance to win another title. “The last title we won in 2010 so it has been a long time. This one is hopefully the start of a new era, another generation of players. “There is only me, Didier and JT who have been here for the last decade. “You can say this is a new generation of Chelsea. Hopefully we will confirm the title on Sunday and this team will continue on.” Whether Cech will be part of the future remains to be seen. Petr Cech hopes a first Premier League title in five years for champions-elect Chelsea is just the start of greater things to come for the club’s younger generation of talent. The Czech Republic goalkeeper, who has a year left to run on his current contract, in March hinted he would seek a move from Stamford Bridge after being displaced as number one by Courtois. He expects the likes of Eden Hazard to take confidence from a first Premier League title, which appears imminent. “You can be a great player but this moments to play difficult games under pressure, being champion gives you another step, another dimension,” Cech added. “You can see in difficult moments this season this team has a lot of experience to overcome them, that is why we are in the position we are. “The new players came in already with experience, winning the title elsewhere, which is important and it’s why everything clicked quite quickly.” Cech hopes the title is wrapped up on Sunday. He added: “It is definitely better to win it at home, it is the icing on the cake. “If we win the title on Sunday it will be the perfect way. The best way to win a title is when you win your home game and after that you know you are done.” The 32-year-old goalkeeper made his fifth Premier League start of the season following a minor hip injury to Thibaut Courtois, who has replaced Cech as first choice this season, in Wednesday night’s 3-1 win at Leicester. Jose Mourinho’s Chelsea need three more points from their four remaining games and victory over Crystal Palace on Sunday would secure a fourth Premier League trophy in 11 seasons. Press Associationlast_img read more

LA Clippers’ Jamal Crawford understands Blake Griffin’s plight

first_img Newsroom GuidelinesNews TipsContact UsReport an Error As they wait to find out which team they will play in the first round, they want to refine their product.“Just us continuing to get better, continue to jell and be that team, you know what I mean?” center DeAndre Jordan said about the team’s goals down the stretch. “Every game now, we’re looking as preparation for the playoffs. We’ve been preparing for this since October.”More rest for startersCoach Doc Rivers rested starters Jordan, Chris Paul and J.J. Redick on Thursday in Oklahoma City, where the Clipper put up a fine effort but lost, 119-117.Rivers said some of the starters will rest at least one more game before the postseason. He said a couple of them might rest for Wednesday’s second leg of the back-to-back games with the Lakers.Another Ralph Lawler honorClippers longtime broadcaster Ralph Lawler recently was honored with a star on the Hollywood Walk of Fame. On Tuesday, the media entrance on the north side of Staples Center was officially renamed “Ralph Lawler Media and Team Entry.”This and thatPoint guard Paul was fourth in the league in assists at 10.0 per game, second in steals (2.1) and fourth in free-throw percentage (89.4) before Tuesday. … Shooting guard Redick was shooting a league-best 47.1 percent (189 of 401) from 3-point range. Steph Curry of Golden State was second at 45.9 (378 of 823). Jamal Crawford and the rest of the Clippers know it’s going to take time for Blake Griffin to round into the MVP form he was showing before he went down with injuries that have sidelined him more than three months.Crawford is of the mind Griffin will get it all back. And when he does, look out.“He is getting his feet wet again as far as being out for a while and coming back again,” said Crawford, whose team defeated the Lakers on Tuesday in the first of back-to-back games between the rivals. “I missed a month last year and it was tough to come back, and that was just a month. He has been out for (more than three) months. So each game, each day and each practice he will get better and better.“He will manage the soreness, and once your conditioning is better, everything kind of falls in place.”center_img Crawford played in 64 of 82 games this past season, missing several weeks with a bruised right calf.In Griffin’s first game back Sunday, he scored six points on 2-of-7 shooting and had five rebounds and four assists in a 114-109 victory over the Washington Wizards at Staples Center. He had missed the previous 45 games, during which time the Clippers went 30-15.Goals ahead of playoffsThe Clippers were 48-28 and had six games remaining before Tuesday’s game. They have already clinched the No. 4 spot in the Western Conference as well as homecourt advantage in the first round of the playoffs.last_img read more