BAA settles FOCs funding

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AkzoNobel scheme ‘doesn’t need €400m cash injection’

first_imgFull indexation is possible with coverage of at least 125%, and paying inflation compensation that members missed out on in previous years can start as of 130%.Trade unions had demanded an extra contribution of €400m, taken from the €7.5bn proceeds of the sale of AkzoNobel’s Specialty Chemicals branch to private equity investor Carlyle.The unions argued that they wanted the assets to improve the pension fund’s financial position, and last week began strike action over the dispute.The company has rejected the demands, citing conflict with the accounting rules of IFRS as well as its promise to pay the proceeds to its shareholders.The COR’s survey confirmed the company’s argument that the additional contribution would seriously damage AkzoNobel’s financial position. It suggested that the €400m should be used to improve other labour conditions as an alternative.Recently, Aarnout Loudon and Kees van Lede, two former chief executives of AkzoNobel, called on the company to come up with an extra contribution for its pension fund.They argued that the employer should compensate its pension fund, as the sale of several parts of the company had reduced the number of active participants and weakened the scheme’s financial position as a consequence. The Dutch pension fund of AkzoNobel expects to be able to grant indexation without an additional €400m contribution from the employer demanded by the trade unions, according to a report commissioned by the company’s central works council (COR).Referring to the scheme’s recovery plan, submitted to supervisor De Nederlandsche Bank (DNB), the report said that inflation compensation already promised to members would be possible within five years.The COR – an employee representative body – said that the recovery plan expected that funding would improve from 112% at the end of June 2018 to 138% in 2027.Pension funds are allowed to start granting inflation-linked increases in part once their funding ratio hits 110%.last_img read more

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Harvard-affiliated research institute supporting eHealth in the Caribbean

first_img 146 Views   no discussions MASSACHUSETTS, United States (CMC) – A major Harvard Medical School-affiliated research institute is aiming to develop education and care delivery in the Caribbean.The Division of Clinical Informatics at Beth Israel Deaconess Medical Center (BIDMC) has signed a framework agreement with the Washington-based Pan American Health Organization (PAHO) to collaborate in supporting the advancement of eHealth in Latin America and the Caribbean.BIDMC said its efforts will be led by Director of Global Health Informatics Dr Yuri Quintana.BIDMC noted that the World Health Organization (WHO) has defined eHealth as “the cost-effective and secure use of information and communication technologies in support of health, including treating patients, conducting research, educating the health workforce, tracking diseases and monitoring public health.”“This collaboration will allow us to tap into the vast expertise of BIDMC’s informatics division and clinicians, as well as the entire Harvard community,” Quintana said.“As a systems design engineer, I’ll be looking at the institutions, care providers and patients and the information that flows among them with the goal of determining how technology can facilitate communication, education and care coordination,” he added.Quintana said he will work with his technical counterpart, David Novillo, PAHO eHealth Program Coordinator, on eHealth training strategies and the development of research priorities and publications for use in Latin America and the Caribbean.“We’ll be studying how different implementations in different countries are adapted to fit local needs,” Quintana said. “We’ll then examine how effectively communicating best practices can help improve outcomes while reducing costs.”Quintana said he and Novillo will begin by looking at newborn and maternal health.“One of the United Nations millennial goals is to reduce infant mortality,” Quintana noted. “Progress has been made; but, in some countries, there are still infant mortality rates as high as 30 to 40 percent in areas where there are fewer services.“This problem lends itself to telemedicine and eHealth because technology can connect experts where they’re needed and when they’re needed,” added Quintana, stating that he will also collaborate with BIDMC clinicians Dr Charles Safran, Chief of the Division of Clinical Informatics, Dr James Gray, Neonatologist, and Dr Hope Ricciotti, MD, Chair of the Department of Obstetrics and Gynecology.BIDMC says Safran and Gray developed one of the world’s first telemedicine applications for neonatal care, called “Baby CareLink,” in 1996.“For more than 45 years, the goals of BIDMC’s Informatics Division have been to improve the quality and reduce the cost of medical care, to enhance the quality of medical education, to improve the relationship between doctor and patient, and to explore innovative approaches to research through computing,” said Safran, adding that the team looks forward to sharing its expertise with their colleagues from the region and to explore long term collaborations.Ultimately, BIDMC said this partnership will provide increased technical support to the Governments of the region in the area of eHealth and within the framework of implementation of the PAHO eHealth Strategy and Plan of Action (2012-2017) and of the PAHO 2014-2019 Strategic Plan.BIDMC, a patient care, teaching and research affiliate of Harvard Medical School, said it “consistently ranks as a national leader among independent hospitals in National Institutes of Health funding.” Share Share Tweetcenter_img HealthInternationalLifestyleNewsPrintRegional Harvard-affiliated research institute supporting eHealth in the Caribbean by: Caribbean Media Corporation – December 28, 2015 Share Sharing is caring!last_img read more

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Tottenham sign Giovani Lo Celso on permanent deal

first_img The Argentine midfielder joined Spurs in August on loan but has now signed a contract for a reported fee of around £27 million ($35 million), keeping him at the club until 2025. Promoted Content6 Extreme Facts About HurricanesWhat Happens To Your Brain When You Play Too Much Video Games?6 Interesting Ways To Make Money With A Drone2020 Tattoo Trends: Here’s What You’ll See This YearThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalTop 10 Most Costly Liquids In The WorldWho Earns More Than Ronaldo?Behind-The-Scenes Selfies From 10 Popular MoviesThe Very Last Bitcoin Will Be Mined Around 2140. Read More7 Facts About Black Holes That Will Blow Your Mind7 Most Asntonishing Train Stations In The World7 Ways To Understand Your Girlfriend Better Read Also: Eriksen joins Serie A giants Inter Milan from TottenhamTottenham also confirmed the departure of Christian Eriksen after agreement was reached with Inter Milan for the sale of the Denmark international.“We wish Christian well for the future,” the club said.Jose Mourinho’s side are currently sixth in the Premier League, six points behind fourth-placed Chelsea.FacebookTwitterWhatsAppEmail分享 “We are delighted to announce that we have exercised the option to convert the loan of Giovani Lo Celso from Real Betis Balompie to a permanent transfer,” Spurs said in a statement on their website.“The midfielder has produced impressive performances after establishing himself in the team following a hip injury which restricted his playing time in the early part of his loan at the club.”The former Paris Saint-Germain player has made 20 appearances for Spurs this season, scoring two goals.center_img Tottenham have exercised their option to convert the loan signing of Giovani Lo Celso from Real Betis into a permanent deal, the Premier League club announced on Tuesday.Advertisement Loading… last_img read more

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Area Boys High School Basketball Scores

first_imgWRBI Area Boys Basketball Scores.Thursday (2-12)Batesville  41     Rushville  39South Ripley  79     South Dearborn  49Jac-Cen-Del  59     Milan  40Connersville  37     East Central  25Indian Creek  69     North Decatur  59Waldron  74     South Decatur  51Lawrenceburg  67     Madison  61Rising Sun  41     Southwestern  36Switzerland County 60  Gallatin County 51Christian Academy 66  Shawe Memorial 36Hauser  51     Eastern Hancock  45Morristown  62     Greenwood Christian  54last_img read more

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Aguero to undergo surgery in Barcelona

first_img Read Also: Video: Schmeichel saves Leicester with penalty stop in Brighton draw “It was the miniscus so today, on Tuesday, they will do an MRI and they are going to see the severity of the injury. “I calculate that they will operate on him in Barcelona on Thursday or Friday, where he did it the last time,” he explained. FacebookTwitterWhatsAppEmail分享 Loading… Promoted ContentBest & Worst Celebrity Endorsed Games Ever MadeThe Highest Paid Football Players In The World8 Things That Will Happen If An Asteroid Hits EarthSome Impressive And Almost Shocking Robots That ExistThe Network’s Greatest Shows On HBOWho Is The Most Powerful Woman On Earth?What Happens To Your Brain When You Play Too Much Video Games?7 Universities Where Getting An Education Costs A Hefty Penny7 Universities In The World Where Education Costs Too MuchWhich Country Is The Most Romantic In The World?11 Most Immersive Game To Play On Your Table Top8 Shows You Didn’t Want To Watch At The Endcenter_img Manchester City striker Sergio Aguero will undergo an operation on his left knee in Barcelona on Thursday or Friday. Aguero to undergo operation in Barcelona The Argentine picked up the injury in City’s 5-0 win over Burnley on Monday. “A little while ago I spoke with him. He got struck on the knee that had already been hurting him during the week,” Aguero’s father, Leonel del Castillo, told Radio La Red.last_img read more

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Woodward: New signings are imminent

first_imgEd Woodward has told Manchester United fans to expect new signings and several departures over the next few weeks. Louis van Gaal has already spent upwards of £50million on Luke Shaw and Ander Herrera, but the new United boss looks set to add more faces before the season begins. The Dutchman has been linked with Arturo Vidal, Daley Blind, Kevin Strootman and Thomas Vermaelen since taking charge in May. He added: “I’ve experienced a lot of conversations with agents and players and we are still a huge attraction to top football stars around the world – there is no doubt about that. “We’ve already invested in two new fantastic players.” As a consequence of the club’s failure to qualify for Europe, United will play a vastly reduced number of matches this season. Van Gaal will therefore need fewer players, so there is a high possibility that some squad members will be moved on before the transfer window closes. Evra may follow Rio Ferdinand and Nemanja Vidic out of the door despite only signing a new contract two months ago. Press Association Sport understands the France international is closing in on a move to Turin and could even be announced as a Juventus player on Monday. Midfielder Anderson, who was loaned to Fiorentina last season, and misfiring striker Bebe are free to leave. The likes of Javier Hernandez, Wilfried Zaha, Marouane Fellaini and Tom Cleverley all have question marks over their futures. When asked whether players would leave, Woodward said: “Yes, I think so. “The manager makes that decision and a few players have already gone and there may well be a few others that go. “It’s also worth commenting that we’re not in Europe this year (so) there’s less games, maybe the manager takes the view that he wants a tighter squad to bed in. “If you do the analysis over last year, Liverpool performed extremely well with a smaller number of players but that’s a decision for the manager.” Woodward is convinced the United boss will not shy away from making any tough calls. “We’ve got someone who has confidence in himself about making difficult decisions and, when you boil down what makes a great manager, one of the key characteristics is making difficult decisions and we’ve clearly got a manager who can do that,” Woodward added. “I’ve personally found him very warm. He’s a very clear communicator and very direct. I like that in people; I’m a very direct person myself.” Failing to qualify for Europe was a big blow to United, who have won the Champions League on three occasions. Woodward wants an instant return to the biggest competition in European football, but he also stressed his desire for United to challenge for the Barclays Premier League too. “We’re a club that absolutely should be in the Champions League,” he said. “That’s what our fans want, that’s what our players want and that’s what every member of staff wants. “We have to strive to win. We’re not here to be an also-ran; we’re here to win trophies to add to that huge, incredible list that we’ve won over many years.” Van Gaal may have been in his post for only five days, but Woodward says the 62-year-old, who led Holland to the last four of the World Cup, has already made a big impact. “I’m hearing a lot of good feedback from a lot of people about him and there is a huge amount of goodwill towards him and the coaching staff,” Woodward said. “Every interaction he’s having with people is leaving an imprint, which is superb.” Press Association Van Gaal is already making space for new acquisitions by off-loading Patrice Evra, who may seal his transfer to Juventus on Monday. Woodward says there is plenty of cash available to Van Gaal if he decides he needs to strengthen further. “There is no fixed budget. Financially we are extremely strong, we have funds available,” United’s executive vice-chairman told MUTV in an interview filmed on the club’s pre-season tour of the United States. “Louis is the boss and is assessing what’s going on but we have been in dialogue for some time about targets so there is a lot of work going on behind the scenes… we’re continuing to move forward on some of those targets… so watch this space. “The time he (Van Gaal) spends here as well (in America) he’ll be able to assess more what he’s got and continue to tweak the decisions if we need to. “We want to do what it takes to win the title.” United finished seventh under David Moyes last year, meaning they will be without European football this term for the first time in almost two decades. Woodward does not believe that will put potential signings off a move to Old Trafford though. last_img read more

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Koeman: Vitesse difficult to manage

first_img A remarkable first campaign at the helm has led to continental football returning to Southampton for the first time in 12 years, with Vitesse now standing in their way in the Europa League third qualifying round. “It was a great experience for me,” Koeman said. “It was my first club to be first-team manager. “At that time, Vitesse was growing. It was two years because they got some problems with the chairman at that time and with the sponsor of the club. “After that, the club was a little bit more down and now it’s in a new situation in the club because they have an owner who is connected to Chelsea. “In my time, we played in front of 25, 26,000 people every home game and now if they play against Ajax, PSV or Feyenoord, there is 20,000 or 22,000 maximum. “Maybe the people lost a little bit of the connection, the feeling with the club, because it is not really like before. I don’t know. That’s from a distance.” Koeman is referring to the relationship with Chelsea which goes back to 2010, when Vitesse became the first Dutch club to be bought by foreign investors. Nemanja Matic, Patrick van Aanholt and Tomas Kalas are among a string of players to have swapped west London for Arnhem on a temporary basis. After being part of the backroom team with the Dutch national team and Barcelona, the former defender took his first step into management at the turn of the millennium in Arnhem. Koeman’s time at the GelreDome was short but relatively successful, setting him on a path which included stops at the likes of Ajax, PSV Eindhoven, Feyenoord, Benfica and Valencia before taking the reins at St Mary’s last summer. Southampton manager Ronald Koeman believes Chelsea’s influence makes former club Vitesse Arnhem a difficult club to coach. Izzy Brown, Lewis Baker, Nathan and Danilo Pantic are the current crop farmed out by Chelsea – a situation which would make Koeman uncomfortable as Vitesse head coach. “I didn’t have that at that time and I don’t know,” he said. “It looks like it is difficult, it looks difficult for the manager because you start every season with a new team and that’s difficult. “It is difficult to have really the spirit in the team, I think, because all the young players come to play, but they still like to go back to Chelsea or even to play at a higher level. “I don’t know if I can work in that. I don’t know.” Southampton are favourites to win the third qualifying round first leg against Vitesse, which Emmanuel Mayuka and Gaston Ramirez will not be available for on Thursday. The former has been linked with a move to Spartak Moscow and told he has no future at St Mary’s, while Ramirez, a club-record £12million signing in 2012, has yet to prove his worth to Koeman. “The future is difficult because Gaston has had a lot of injuries in the last two years and that’s the big problem of Gaston,” he said. “We had a good hope for this pre-season but after one week he was injured again. “He didn’t travel with the team to Austria or Holland and it is difficult because the rest of the players are in good shape. “You come from behind and the past is not very positive. You know his situation. “We have a lot of young people coming into the squad and we have enough strikers and for Mayuka there is no future in the club. There is some contact with Les Reed about Mayuka.” Press Associationlast_img read more

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Burger King Employee Draws Pig on Uniformed Officer’s Burger Wrapper

first_imgBurger King says the restaurant owner apologized and that the employees involved were immediately fired.The restaurant is also offering free meals to uniformed officers and sending a catered lunch to the local police department. It may soon be a felony to dump water on a police officer, but it is not illegal to draw a picture of a pig on a fast food wrapper and give it to a uniformed officer. Some employees at a New Mexico Burger King are out of a job after reportedly drawing a such a pig picture on a uniformed police officer’s food wrapper.The officer, Timo Rosenthal, posted a picture of the wrapper to Facebook a few days ago, noting he ordered while in uniform and the burger itself appeared to have been burned. The officer stated he would not be eating at the Burger King in Clovis ever again.Not only was the wrapper defaced, but the officer also claims that the food appeared to have been burned https://t.co/UkMRqdhXdI— FOX 11 Los Angeles (@FOXLA) August 11, 2019last_img read more

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South Florida residents need to make between $29.38 to $31.25 an hour to comfortably afford rent

first_imgThe 2020 Out of Reach report published by the National Low Income Housing Coalition shows how much a person would need to make per hour, working full-time, in order to afford a two-bedroom apartment without spending more than 30 percent of their income.The report found that a Florida resident should make $24.43 an hour for a yearly salary of $50,807 in order to comfortably afford a two-bedroom home. The report calculates the average price of a two-bedroom home at $1,270.However, according to the report, it is recommended that South Florida residents earn even more.South Florida residents are recommended to earn $29.38 -$31.25 an hour for an annual salary of $61,120 -$65,000 to afford rent for a two-bedroom home at $1,528- $1,625. This number has gone up from the NLIHC’s 2019 report.last_img read more

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