Speech: Global economic outlook: trade, growth and the Commonwealth

first_imgHello and let me add my welcome to London, and to the Commonwealth Business Forum.It is great to see so many of you here, at what I am sure will be a very worthwhile and successful event.One of the core stated aims of this Commonwealth Heads of Government Meeting is to build a more prosperous future for the Commonwealth, its member states and all our citizens.Prosperity is, of course, a key marker for human progress.It is obvious to all that an increase in prosperity – or alleviation from poverty – at an individual level engenders personal liberty.But prosperity on a national basis can create freedom on a far greater scale, providing the means for states to realise the wider aims of this meeting.I have said many times before that trade is not an end in itself. Trade is a means by which we spread prosperity. Prosperity is the means by which we create and underpin social cohesion. Social cohesion contributes to political stability, and political stability is the essential building block of our collective security. It is a continuum that cannot be affected at one point, without affecting the whole. You cannot choose to have protectionism rather than free trade without there being consequences.If you choose not to have global free trade do not be surprised if you get increased mass migration. Or increased radicalisation.But prosperity is also the means by which nations can build a fairer and more sustainable future.So, although it may be a view that you expect from the Secretary of State for International Trade, I believe that building our prosperity is the most important issue of this CHOGM, underpinning our other aims.I would even go further and say that prosperity and its economic foundations offer a blueprint for the future direction of this organisation.Its members would be the first to acknowledge that the Commonwealth of Nations is unlike any other intergovernmental organisation.It is not a military alliance like NATO, nor is it simply a political entity.It is not an alliance based on geographical proximity, or an international rule-setting body like the WTO.Rather, it is a group of nations brought together by the ties of history, culture, friendship, family, and sometimes language.These ties were not created by design. But the Commonwealth is an acknowledgement that, as much as our countries have been part of one another’s past, we will also be an essential part of one another’s future.In many ways, this is an approach that stands us in good stead as we meet the challenges of an increasingly globalised world.Increasingly, challenges, opportunities and solutions are multinational affairs, requiring co-operation that extends beyond the borders of nations or continents.I firmly believe that the strength of the Commonwealth lies in its diversity. Our members range from some of the largest and most populous countries on earth, to the smallest.Such variety presents disparate challenges, but also a wide range of experience.Likewise, the different levels of development of our members should not be seen as detrimental.Instead, it is an opportunity – a chance to use our collective strengths to support our fellow members and help to unlock our collective economic potential.The UK believes that free and open trade is the greatest catalyst for poverty elimination and lasting economic development.Development in the modern era must be about developing economic and commercial capacity – nurturing new industries in less developed countries and creating lasting opportunity.The Commonwealth, with all of our rich experience and expertise, can lead the world in unlocking this approach.Development should no longer be focussed simply on giving and receiving aid, but on commercial partnership, and working together to realise our economic potential.Make no mistake – that potential is vast.According to the Commonwealth Secretariat, intra-Commonwealth trade is currently estimated at around $560 billion. An impressive figure but, as the Prime Minister said earlier, it is projected to grow rapidly, to over $700 billion by 2020.And, as the United Kingdom leaves the European Union, we have the opportunity to re-invigorate our Commonwealth partnerships and usher in a new era, harnessing the movement of expertise, talent, goods, and capital between our nations in a way that we have not for a generation or more.Yet beyond this obvious economic advantage, I believe that the Commonwealth has the potential, and the responsibility, to take a principal role in the defence of global commercial freedoms.In an era when free trade is increasingly threatened by the siren call of protectionism, we have the opportunity to reject insularity in favour of economic openness and co-operation.It is the United Kingdom’s ambition to become the foremost global champion of free trade, using our economic and diplomatic influence to support free trade.This will mean leading by example, and where better to begin than with our friends read more

Students participate in Black Friday shopping

first_imgWhen major retailers like Walmart and Target began their Black Friday sales over Thanksgiving break, the shopping rush drew some Notre Dame students straight from the dinner table. Senior Michelle Ferreira, a Los Angeles native who stayed in South Bend for the break, started Black Friday on Thursday. “I ended up leaving dinner at about 9 p.m. [Thursday], and I headed over to Walmart” she said. “They opened everything at 10 p.m. and it was pure chaos. It was absolutely nuts.” Ferreira had never heard of Black Friday before coming to Notre Dame, she said, and she was surprised by how seriously some took the sales. “People waiting had lawn chairs out, it was completely packed,” Ferreira said. “You had to know what area you wanted, because people had obviously scoped it out days in advance. There was like a 200 person line in every aisle. I wanted to get out as soon as possible.” Ferreira said some of her fellow bargain-hunters let the mania get the best of them. “I didn’t see pepper spraying or gun shots or whatever, but I saw people crying, I saw some disputes between people,” she said. “They were cutting in line, there were some disputes between families — there was just chaos.” Ferreira walked out of the store unscathed with a number of additions to her movie collection. “It was $1.96 for DVDs. And they were recent movies, too,” she said. “I got The Hangover and my brother wanted Fast Five Blu-ray for Christmas. They had it for $10.” While shoppers like Ferreira hit the aisles early, not all of the deals were snatched up by the time the second wave of shoppers arrived Friday. Junior Aurora Kareh opted for a Friday afternoon shopping trip at The Woodlands Mall in her Texas hometown. “It was 2 or 3 p.m. when we got to Macy’s,” Kareh said. “It was more full than I had ever seen it, but it wasn’t what I expected it had been when they opened.” Unlike Ferreira’s DVD hunt, Kareh did not have a plan of action when she arrived at the mall. “I didn’t have anything specific in mind that I wanted to buy, but I knew Macy’s would have good deals on things I would be interested in,” she said. Junior Lexi Casaceli’s Black Friday shopping at the Lee Outlets in Lee, Mass., was even less deliberate. “We went after lunch on a spur-of-the-moment trip because it was such a nice day out, so we would be able to enjoy the weather while shopping at the outdoor outlets,” she said. Like Kareh, Cascaceli avoided the intensity of the late-night shoppers. “Unfortunately, I saw nothing ridiculous,” Cascaceli said. “We had missed most of the Black Friday deals at the outlet that went from midnight to 6 a.m., so the crazies weren’t out, although there were still a lot of shoppers.” Ferreira said these giant crowds, at least in South Bend, may be a result of the economic climate. “In South Bend, it’s pretty nuts,” she said. “The economy is hurting people, so everyone’s taking advantage of what they can with savings.” Ferreira said one Black Friday shopping trip was enough for her. “I won’t be going back next year,” she said. “I’m a senior, so no more South Bend crazy Black Fridays for me. Unless I need a 70-inch plasma for half-off down the road, no thanks.”last_img

Police Director, Leader of Anti-Drug Fight in Colombia, Resigns

first_imgBy Dialogo April 23, 2012 The director of the Colombian police, Óscar Naranjo, resigned on April 19, after five years in a key post for the fight against drug trafficking, President Juan Manuel Santos, who praised the agent’s career, announced. “You’ve won the respect of all the nations that are fighting against crime, against drug trafficking (…) you’re leaving behind a police force that is producing results every day,” Santos congratulated Naranjo during a joint press appearance. Naranjo was appointed by former president Álvaro Uribe (2002-2010). “It’s a normal transition in the context of something that was entirely expected,” affirmed Santos, who explained that Naranjo did not want to remain in his post for more than five years. The police general will continue as director until July. The name of his replacement has not yet been announced. In his remarks, Naranjo limited himself to recognizing the work done by the current Colombian administration and the police force. Santos praised the departing director’s efforts, stressing that Colombia is currently reporting its lowest rate of violent deaths in the last 27 years, with 31 homicides per 100,000 inhabitants in 2011. The president also highlighted the successes achieved by his security forces in reducing coca cultivation, arresting drug traffickers, and striking blows against the FARC guerrilla group. Naranjo was named police director in 2007, when Santos was in charge of the Defense Ministry, which includes the police under its umbrella, and in 2011, he also became director of the Police Community of the Americas (AMERIPOL). In the course of his career, Naranjo also led the police intelligence directorate and participated in the dismantling of the large drug cartels in the 1990s.last_img

Alleged Rapist Tried to Hire Hit Man to Kill Victim, DA Says

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Patrick O’SullivanAn alleged rapist accused of trying to recruit a fellow inmate to kill two witnesses wanted to mail one target’s decapitated head to the witness’ family for the holidays, Suffolk County authorities said.The grisly failed hit-for-hire plot was detailed in handwritten letters shared between the suspect, Patrick O’Sullivan, and an anonymous inmate-turned-informant who was incarcerated near O’Sullivan’s Suffolk County jail cell, according to investigators.“The DA needs a crying bitch [to] really get a conviction, right?” the 21-year-old East Moriches man allegedly wrote in one of the letters to the informant that prosecutors released to the media. The informant wrote back: “Yeah, without her no one can say you were there when it happened.”O’Sullivan has been jailed since December on charges of predatory sexual assault, first-degree rape, criminal sexual act, sexual abuse, burglary and criminal use of a firearm. Prosecutors said he shot at the victim, who was house sitting a Stony Brook home at the time, tied her up and sexually assaulted her at knifepoint in November 2012.A judge set his bail at $1 million bond or $250,000 cash, which O’Sullivan has not posted. Authorities said he tried to recruit the inmate he befriended because the “hit man” was scheduled to be released last month. O’Sullivan allegedly offered $23,000 for a hit on both the victim and a witness that places him in the house, which belongs to the suspect’s friend.“In his mind, without those two witnesses, he would go free,” Suffolk County District Attorney Tom Spota told reporters Wednesday during a news conference at his Hauppauge office. “He wanted it done before the holidays.”Spota then read part the most disturbing part of a detailed letter O’Sullivan allegedly wrote to the informant after the informant was released from jail: “After you kill the witness, bury the witness so that after the case against me collapses and I get out of jail, I can dig the body up, cut his head off and mail it to his family for the holidays.”But, the inmate reported the plot to prosecutors through his attorney and negotiated a slightly earlier release. Spota said both targets have been made aware of the plot. Suffolk County Sheriff Vincent DeMarco said O’Sullivan now being watched even closer by guards at the county’s main jail in Riverside.“He will be kept separate, but you can’t keep inmates from talking to each other,” said DeMarco, adding that inmates “kite” notes between cells by folding them into paper airplanes and flying them back and forth.O’Sullivan will be arraigned Tuesday on two counts of conspiracy to commit murder. He faces up to life in prison on the predatory sexual assault charge, if convicted.last_img

How to use content marketing services to cross sell to CU Members

first_img 34SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Content marketing services involve a marketing technique of creating and distributing valuabe, relevant and consistent content to attract and acquire a clearly defined audience, with the objective of driving profiltable customer action.  The key word here is “valuable” according to Forbes.Likely your CU is using content marketing services to promote specific campaigns identified by their strategic plan for the year.  Additionally, these campaigns should also align with SMART business goals for the year (i.e. increase new checking accounts by X, grow auto loans by X, grow home loans by X, increase savings accounts by X, etc.) at your CU.  Here are some examples of content and channels we use with our clients to cross sell to their CU members.eBooksMost of our clients include eBooks in their campaigns.  These eBooks range in size from 2000-4000 words in length, depending on the topic.  We recently developed an eBook for a client to use for their home loan campaign.  After some SEO and keyword research, we decided it would be best to develop a printable “Home Buying Checklist” eBook that its members could print out and take with them to aide in their home buying success. continue reading »last_img

Governor Wolf Leads Call-to-Action for Criminal Justice Reform

first_imgGovernor Wolf Leads Call-to-Action for Criminal Justice Reform SHARE Email Facebook Twitter April 12, 2018center_img Criminal Justice Reform,  Press Release Harrisburg, PA – Governor Tom Wolf today joined Department of Corrections Secretary John Wetzel, legislators, and advocacy groups in a call-to-action for criminal justice reforms that are long overdue and necessary to provide consistency and uniformity in the system.“The debate about how we can fix our criminal justice system is complicated, and over time that debate has changed to reflect the modern realities and issues present in our system,” Governor Wolf said. “I believe that we can improve the criminal justice system, so that we can protect victims while also ending a cycle of incarceration that has left so many people feeling trapped, helpless and without an opportunity to return to society after they have been released.”The governor outlined a package of eight reform initiatives, including:Justice Reinvestment Initiatives (JRI2), which seek to provide for fair sentencing, increase parole supervision and use of community-based programs, among other reforms.Bail and Pre-Trial Reforms to ensure that everyone has a right to a fair trial and that risk-assessment tools are consistent across the commonwealth.Post-Conviction Relief Act Expansion to reduce time sensitivity by increasing awareness of when rights expire so defendants can make an informed plea decision. Currently if a defendant pleads guilty, they are foreclosed from post-conviction relief; this needs to change so all defendants, regardless of plea, may attempt to prove their innocence.Review/Implement the Goals of the Sentencing Commission, which include adopting a standardized, single assessment tool model used from pre-trial until parole completion.Probation/Parole Revocation and Resentencing to create uniformity in probation revocation procedures and ensure a correlation between risk and probation lengths, resulting in better supervision.Comprehensive Clean Slate Legislation currently being considered in the General Assembly and the first step in establishing a much more comprehensive clean slate law in the commonwealth to provide an opportunity for persons convicted of greater offenses, including felony convictions, to reenter the community with success.Indigent Defense is a critical part of the system that can have a large impact on volume, cost, and human effects and is needed in Pennsylvania to ensure the independence and quality of counsel under the Sixth Amendment.Stepping Up Initiative, which was launched statewide in April 2017 and via summit in December 2017 along with a data-driven project by Dauphin County to examine its criminal justice system, with the goal of reducing the number of people who have serious mental illnesses in the county prison. The findings from that project will be made public at the end of this month and will be used to develop policy and programming recommendations.The governor was joined by Senator Stewart J. Greenleaf in announcing these reforms. Sen. Greenleaf has been a champion of criminal justice reform and is the Senate Judiciary Committee chair.“At one time, Pennsylvania had a 65 percent recidivism rate – that is a failed system,” said Sen. Greenleaf. “Since the landmark passage of criminal justice reform legislation in 2012, following our first round with the Justice Reinvestment Initiative, we have reduced our inmate population by over 3,300 inmates, seen a sharp decline in the recidivism rate and saved the state over $400 million. While we have made great progress in recent years reversing the unintended consequences of the past, there are still great injustices built into the system which must be rectified.”“We need to do the work to make our criminal justice system fairer, more equitable and more focused on rehabilitation,” Governor Wolf said. “Since I became Governor, I have worked hard to reform our system so that it leads to better outcomes and saves taxpayer dollars – while also leading to less crime and fewer victims.“Let’s continue to work towards building the criminal justice system we all want to see in Pennsylvania.”last_img

European Parliament agrees ‘practicable, proportionate’ IORP draft

first_imgAmendments to the IORP Directive proposed by the European Parliament could trigger “welcome reform”, bringing with them a relaxation of cross-border funding requirements and a greater focus on environmental concerns.Following Monday’s vote by the parliament’s Economic and Monetary Affairs Committee (ECON), PensionsEurope praised MEPs in pushing for a “practicable, proportionate and less prescriptive proposal” compared with that tabled by the Commission in 2014.However, despite parts of the industry welcoming revisions of the proposed universal benefit statement, concerns remain that the passed amendments contradict the European Commission’s stated aim of improving transparency. Sophie In’t Veld, a shadow rapporteur on the revised Directive, welcomed the removal of “unnecessary obstacles” for cross-border activity but said her parliamentary group of liberal MEPs wanted to go further, allowing for “innovative” arrangements. “It is to be expected that, in the era of FinTech, new products will enter the market that are outside the regulated area,” said In’t Veld, also a vice-president of the Alliance of Liberals and Democrats (ALDE).“We need to be much more forward-looking and do more to prepare for these kinds of innovations.”PensionsEurope chief executive Matti Leppälä said the industry group was pleased with the changes to cross-border funding requirements, which would see them subject to the same requirements as domestic funds.“This is a welcome reform,” Leppälä added, “which should make it easier to establish and operate cross-border pension schemes.”The association’s chairman Janwillem Bouma said PensionsEurope was also pleased with the more proportionate position adopted by ECON, which he said would allow member states to tailor requirements to their individual systems.Bouma added: “It is important to take into account different types of pension schemes, as well as the role social partners have, and the differences in social and labour law.”UK responsible investment charity ShareAction also welcomed the vote, after MEPs reinserted language on environmental risk assessment initially removed by member states.The charity’s senior policy offer Camilla de Ste Croix said the vote showed the responsible investment debate was “shifting in the right direction”.“By voting in favour of measures to mandate the consideration of environmental risks in pension schemes’ investment processes,” she said, “MEPs have shown they recognise the very real risks that environmental issues can pose to investment portfolios.”The Commission’s initial proposal suggested that environmental risks be assessed as part of the proposed wider evaluation of a pension fund’s risk profile each time a “significant” change occurred.PensionsEurope also welcomed a “simplification” of the universal Pension Benefit Statement (PBS), which consumer group Better Finance had previously warned against.Ahead of the vote, Better Finance’s Guillaume Prache impressed upon Hayes the need for the PBS to be as transparent as measures in place in the US.In a letter from Better Finance to Hayes and ECON chair Roberto Gualtieri, Prache strongly protested against any amendments that could be “a very significant step back in the protection of EU pension savers”.The letter also said the amendments risked “a severe watering down of the information that IORP participants would receive”.It said any action to undermine transparency could contradict the Commission’s recent work around the Capital Markets Union.“The recent Capital Markets Union Action Plan expressly asks the European Supervisory Authorities to promote the transparency of long-term retail and pension products and an analysis of the actual net performance and fees,” Prache said.The approved draft will function as the parliament’s negotiating position as the trialogue negotiations get underway between member states, MEPs and the Commission.last_img

JetBlue Guyana decision imminent

first_img Tweet Sharing is caring! 48 Views   no discussions Share BusinessLifestyleNewsRegionalTravel JetBlue Guyana decision imminent by: – May 1, 2018center_img By Ray ChickrieCaribbean News Now contributorGEORGETOWN, Guyana — US low cost carrier, JetBlue, which has indicated its interest in expanding into the Guyana market, is closer to making a decision, according to local media reports. The Guyana ministry of foreign affairs, without naming the airline, has also indicated that talks are still ongoing and that JetBlue will soon send a delegation to Guyana on a fact finding mission.JetBlue is reportedly concerned with facilities, security and fuel. The cost of jet fuel has been an ongoing issue for airline servicing Georgetown; however, jet fuel price has dropped and that should satisfy the airlines.According state media, foreign affairs minister, Carl Greenidge, noted at the conclusion of a parliamentary tour of Georgetown’s Cheddi Jagan International Airport (CJIA) on Friday that the executives of a “particular airline” had approached government officials in Miami and indicated an interest in operating in Guyana.”According to the Guyana Chronicle, Greenidge said that “the interested airline’s team is looking at the traffic and facilities, safety and fuel issues and will make a decision after acquiring additional aircraft.”With the imminent opening of a new and expanded CJIA by December, more airlines are expected to enter the Guyana market. American Airlines will commence service to Guyana in December of this year to serve the business travellers and especially those who will work in the upcoming oil and gas sector of Guyana. Airfares are set at US$900 roundtrip from Miami and First/Business class at over US$4,000.The foreign minister correctly pointed out, “If you have good enough facilities and prices are reasonable, you will attract demand,” and this means that more people will fly, which will encourage more airlines to service Guyana.Greenidge echoed what airline officials have said over and over that there are issues pertaining to security that affect the profitability of the airline and he noted that carriers are fined and have to pay a heavy financial penalty. Share Sharelast_img

Hontiveros: NCR’s GCQ shift could lead to new virus wave

first_imgMANILA – Sen. Risa Hontiveros expressed fears that the government’s move to place the National Capital Region (NCR) to general community quarantine (GCQ) could lead to new wave of coronavirus disease 2019 (COVID-19) transmission.Hontiveros said Friday Metro Manila is not yet ready for the downgrading of the community quarantine, citing data from the Department of Health (DOH).On Thursday, the day President Rodrigo Duterte announced the GCQ shift for NCR, the DOH has tallied 539 new COVID-19 cases – the highest number of recorded new cases in a day.“Reading the data available to us, it seems that we have not yet flattened the curve,” Hontiveros said.“Instead, this easing of the lockdown may expose thousands of Metro Manila workers and residents to a new wave of community transmission that will definitely overwhelm our already-embattled health system,” she added.DOH Undersecretary Rosario Vergeire explained the increase in cases is not necessarily new cases but due to the Health’s department’s increased capacity in validating COVID-19 cases submitted by 36 various laboratories.“We expect the numbers to continue to rise over the coming days as we continue catching up with the backlog in validation and as we conduct more tests nationwide,” Vergeire said in a separate statement.Presidential spokesperson Harry Roque, for his part, defended Malacanang’s decision to approve the Inter Agency Task Force for the management of the Emerging Infectious Disease recommendation for NCR shift. “Binalanse po natin ang karapatan ng mga mamamayan na magkaroon ng kabuhayan,” Roque said in an interview with GMA Network’s Unang Balita on Friday morning.The NCR was under enhanced community quarantine (ECQ) from March 16 to May 15, a measure that prohibited mass gathering to prevent COVID-19 transmission, resulting in work stoppage in many industries./PN “This easing of the lockdown may expose thousands of Metro Manila workers,” says Sen. Risa Hontiveros. RISA HONTIVEROS/FACEBOOKlast_img

BHS and OA varsity football teams are Turning Over Hunger

first_imgRipley County, IN — For the 2020 football season, Batesville High School and Oldenburg Academy football teams joined forces with the Ripley County Community Foundation to Turnover Hunger in Ripley County. The Turnover Hunger program encourages football fans to pledge a dollar amount for every turnover their favorite team forces during the season.At the end of the season, the Community Foundation collects the pledges, and the proceeds are donated to the Weekend Backsack Programs administered in local Elementary Schools. Working together, these two teams collectively raised more than $10,000 since the program’s inception and started an Endowment Fund at the Community Foundation that will continue supporting the teams’ efforts forever. In 2019 alone, the teams’ donations helped feed more than 1,100 citizens in Ripley County.The Weekend Backsack Program provides a backpack of food to Ripley County elementary schools for children who face food insecurity on the weekends. These backpacks are filled with kid-friendly food that is easily prepared and provides nutrition they may not receive when they are outside of school. The students are identified by teachers, and the program runs from September through May, serving the Batesville, Jac-Cen-Del, Milan, South Ripley, and Sunman-Dearborn schools. The Weekend Backsack program is privately funded, and current programs are not meeting the needs without further support.The Turnover Hunger Fund, and all of the funds administered by the Ripley County Community Foundation, are always accepting donations. You may make a one-time donation or a pledge to the Turnover Hunger Fund on their website, or you may mail a donation to the Ripley County Community Foundation at 13 E. George St, Suite B, Batesville, IN 47006.last_img