Gwyneth Paltrow, Julia Roberts, Lady Gaga, amfAR Global Campaign Chair Sharon Stone, and amfAR Chairman Kenneth Cole were among those who gathered at the sixth annual amfAR Inspiration Gala Los Angeles to pay tribute to Ryan Murphy in recognition of his contributions to the fight against AIDS.Lea Michele, Ryan Murphy and Gwyneth PaltrowCredit/Copyright: amfARThe event, presented by Harry Winston and M•A•C Viva Glam, raised $3.1 million for amfAR’s life-saving AIDS research programs.Lady Gaga at the amfAR Inspiration Gala Los AngelesCredit/Copyright: Kevin TachmanCheyenne Jackson, Cuba Gooding Jr., Matt Bomer, Angela Bassett, Courtney B. Vance, Jamie Lee Curtis, Denis O’Hare, Diane Kruger, Joshua Jackson, Sarah Paulson, Lea Michele, Emma Roberts, Rosie Huntington-Whiteley, Billie Lourd, Evan Peters, amfAR Global Fundraising Chair Milutin Gatsby, Sarah Hyland, Alessandra Ambrosio, Lily Donaldson, Carly Rae Jepsen, Jaime King, Diane von Furstenberg, Zendaya, Matt Bellamy, Lydia Hearst, Dylan Penn, Rachel Zoe, and others were also in attendance.Gwyneth Paltrow hosted the black-tie benefit at Milk Studios, introducing amfAR Chairman of the Board Kenneth Cole. Mr. Cole spoke passionately about amfAR’s Countdown to a Cure for AIDS initiative, which is aimed at developing the scientific basis of a cure by 2020. American Horror Story stars Cheyenne Jackson and Angela Bassett then took the stage to introduce guests to amfAR’s new social media campaign. They encouraged everyone to upload their own rendition of the 1985 Grammy Award-winning song “That’s What Friends Are For” to social media using #SingForAIDS, with the goal of creating a worldwide rallying cry for an end to AIDS.Julia Roberts presented the amfAR Award of Inspiration to her friend Ryan Murphy, describing him as “a person very much like this organization – tireless in pursuit of learning, healing, of correctness, connection, and equality.” Murphy then pledged his total support to being a lifelong ambassador to amfAR and the organization’s vitally important mission, stressing that “the cure is still on the horizon and we need to continue storming up that hill.”The event featured a colorful and competitive live auction, conducted by Andrea Fiuczynski and amfAR’s Global Campaign Chair Sharon Stone, who encouraged guests to give generously to amfAR’s efforts to find a cure for AIDS.· The undisputed highlight of the auction was a Timothy White photograph of amfAR’s Founding International Chairman, the late Dame Elizabeth Taylor. After a lively bidding battle, the photograph sold twice for a total of $400,000 to Aileen Getty and Lady Gaga.· The auction also included a once-in-a-lifetime opportunity: a walk-on role in the latest installment of Ryan Murphy’s Emmy and Golden Globe-winning anthology series, American Horror Story: Hotel. Participating in the auction once again, Lady Gaga agreed to take a photograph with the winner and bid on the item herself to raise the price of the lot, which ultimately sold for $150,000.· Actress and model Jaime King helped introduce exquisite Harry Winston drop earrings titled “Reflection.” With help from Cuba Gooding, Jr., who grabbed the microphone and encouraged guests to “show me the money!”, the earrings sold for $60,000.· Another exciting auction item was an opportunity to customize a FIAT 500 Cabrio. The package, donated by Lapo Elkann, included the chance to meet with the Garage Italia Customs design team and collaborate on designing a car to the winning bidder’s personal aesthetic taste. It sold twice for a total of $200,000.The evening ended with a powerful and moving performance by Lady Gaga, who received standing ovations throughout her entire set, which included her latest emotional ballad, “Till It Happens To You.”The after party, sponsored by DSQUARED2, continued at 1 OAK into the early morning.The event was presented by Harry Winston and M•A•C Viva Glam. MoëtHennessy was the Official Wine and Spirits Partner. DSQUARED2 was the Official Fashion Sponsor. Microsoft was the Official Technology Partner. Variety was the Bronze Sponsor. Cadillac was the Vehicle Sponsor. Delta Air Lines is the Official Airline of amfAR.The amfAR Inspiration series, produced by Josh Wood Productions, celebrates all aspects of men’s fashion and style while raising funds for amfAR’s life-saving AIDS research programs, and it continues to attract the most prominent and influential members of the entertainment, fashion, and business communities. To date, the Inspiration series has raised more than $20 million to benefit amfAR, and has been held in cities such as New York, São Paulo, Paris, Toronto, and Miami.
___Countertops and rubber bands: US pursues obscure trade casesWASHINGTON (AP) — President Donald Trump’s high-profile trade offensives have grabbed headlines and rattled financial markets around the world. He’s battling China over the industries of the future, strong-arming Canada and Mexico into reshaping North American trade and threatening to tax cars from Europe. But his trade warriors are fighting dozens of more obscure battles — over laminated woven sacks from Vietnam, dried tart cherries from Turkey, rubber bands from Thailand and many others.___US economic sanctions on Huawei could backfireThe Trump administration’s newly announced plan to restrict exports to Chinese telecommunications giant Huawei for national security reasons doesn’t just up the ante in the China trade war. It could also hurt U.S. suppliers and accelerate Beijing’s drive toward greater technological independence.___Walmart warns that higher tariffs will mean higher pricesNEW YORK (AP) — Walmart is warning that higher tariffs on imports from China will mean higher prices. The comments came after the nation’s largest retailer reported its best sale performance at its established U.S. namesake stores for the fiscal first quarter in nine years.___Trump disclosure shows major resorts held steadyNEW YORK (AP) — President Donald Trump’s financial disclosure form shows revenue held steady last year at several of his major hotels and resorts. His Doral golf course and club in Miami generated about $76 million in revenue last year, about $1 million more than in 2017. Mar-a-Lago resort in Palm Beach, Florida, took in nearly $23 million, a drop of more than $2 million.___Boeing finishes software update for grounded airlinerCHICAGO (AP) — Boeing says it has finished updating the flight-control software for the 737 Max, moving a step closer to getting the plane back in the sky after two deadly crashes. The next step is a test flight to demonstrate the update to federal aviation regulators. The software, called MCAS, was implicated in fatal accidents in Indonesia and Ethiopia.___US, European officials bring charges in global malware caseWASHINGTON (AP) — U.S. and European authorities say 10 people, including five Russian fugitives, have been charged in connection with malicious software attacks that infected tens of thousands of computers worldwide and caused more than $100 million in financial losses. Authorities say the malware enabled Eastern European criminals to take remote control of infected computers and siphon funds from victims’ bank accounts, and targeted companies and institutions across all sectors of American life.___Saudis blame Iran for drone attack amid calls for US strikesDUBAI, United Arab Emirates (AP) — Saudi Arabia accused Tehran of being behind a drone strike that shutdown a key oil pipeline in the kingdom, and a newspaper close to the palace called for Washington to carry out “surgical” strikes against Iran, raising the spectre of escalating tensions as the U.S. boosts its military presence in the Persian Gulf. Tensions have flared recently after the U.S. sent warships and bombers to the region to counter an alleged but unspecified threat from Iran.___Pinterest reports smaller 1Q loss but guidance drags stockSAN FRANCISCO (AP) — Pinterest, fresh off its initial public offering, is reporting a smaller loss in the first quarter, boosted by higher revenue, but its revenue outlook was below expectations and shares slumped in after-hours trading. The company, which runs a digital pinboard and shopping tool, said Thursday that its net loss was $41.4 million, 33 cents per share, in the January-March period.___US stock indexes extend winning streak to 3rd dayWASHINGTON (AP) — Stocks closed broadly higher on Wall Street for the third straight day Thursday, led by solid gains in technology companies and banks. The latest gains extend the market’s turnaround from the start of the week, when stocks nosedived as the trade conflict between the U.S. and China escalated. Chipmakers slumped a day after the Trump administration labeled Chinese telecom equipment giant Huawei a security risk and imposed export curbs on U.S. technology sales to the company.___Salesforce pledges skill training as part of Trump programINDIANAPOLIS (AP) — Business software company Salesforce says it aims to provide skills training to 1 million people as part of a Trump administration push to boost career opportunities among Americans. Salesforce chairman Marc Benioff doubled his initial 500,000 person pledge during a Thursday event at its Indianapolis offices with President Donald Trump’s daughter, Ivanka Trump. The San Francisco-based company says its free online platform Trailhead will offer tech training needed for Salesforce positions.___NTSB: Autopilot was in use before Tesla hit semitrailerDETROIT (AP) — The National Transportation Safety Board says Tesla’s Autopilot semi-autonomous driving system was in use when one of its cars drove beneath a semitrailer in Florida in March, killing the driver. The crash involving the Tesla Model 3 is strikingly similar to a 2016 crash near Gainesville, Florida, that also killed the driver.___The S&P 500 index rose 25.36 points, or 0.9%, to 2,876.32. The Dow Jones Industrial Average climbed 214.66 points, or 0.8%, to 25,862.68. The Nasdaq composite gained 75.90 points, or 1%, to 7,898.05. The Russell 2000 index of small company stocks picked up 8.97 points, or 0.6%, to 1,557.24.The Associated Press
The 11-point Platform for Action was presented to Ugandan President Yoweri Museveni, who pledged to deliver it to the UN General Assembly special session on children, slated to run from 19 to 21 September in New York. “I am honoured that the children of Africa have faith in me to carry their Action Plan to New York,” President Museveni told the youth participants attending the launching ceremony in Kampala. “In study after study, girls’ education emerges as the single best investment that any society can make,” UNICEF Executive Director Carol Bellamy told the gathering earlier this week. “Educated girls become educated women – women who participate in the social, economic and political life of their nation.”The Platform for Action, discussed and debated by youth, ministers and experts during the three-day conference, spells out 11 points to promote quality education for girls in Africa. Among other measures, it calls for greater resources and legislation to ensure that girls participate in decisions affecting them. It also urges the abolition of all harmful practices that act as barriers to girls’ education, and the provision of equal opportunities in science, math and technology. In a region severely affected by the HIV/AIDS pandemic, the conference also focused on the need to ensure the safety and security of girls both inside and outside of schools. “It is not just about health and sex education, it is about empowering girls to break the cycle of subordination,” said UNICEF Regional Director Urban Jonsson.Hosted by UNICEF, the Government of Uganda and the Forum for African Women Educationalists, the conference aimed to launch a Girls’ Education Movement – a major effort to transform schools and education systems into environments where girls can achieve and have equal opportunities. Over 150 youth and 20 ministers and deputy ministers of education participated from 40 African countries.
“It is my hope that this initial meeting will lead to the creation of new partnerships, and – in cases where we are already working together – to a strengthening of our collaboration in the years ahead,” the Secretary-General told a gathering in New York of representatives of several high-profile, multimillion dollar foundations. “As we in the United Nations seek to broaden and deepen coalitions for change around the Millennium Development Goals, we know that we can only do this with your full participation and support.”The targets set in 2000 include halving extreme poverty and hunger, achieving universal primary education and gender equity, reducing under-five mortality and maternal mortality by two-thirds and three-quarters respectively, reversing the spread of HIV/AIDS, halving the proportion of people without access to safe drinking water and ensuring environmental sustainability. “These goals are inextricably linked to each other and to the broader purposes of this Organization,” the Secretary-General said. While acknowledging that the challenges appeared immense, he pointed to a growing global momentum towards a change in priorities. “The horrors of September 11 strengthened our sense of a common destiny, and people around the world are looking for strategies and solutions to the challenges that we as one human family face together,” he said.Among those attending the meeting were representatives of the Rockefeller Foundation, the Open Society Institute, the Gates Foundation, the Markle Foundation and the Ford Foundation. Other attendees included those from the MacArthur Foundation, the UN Foundation, the Rockefeller Brothers Fund, Riksbankens Jubileumffond, and the European Foundation Centre.
The session brings together worker, employer and government representatives for discussions which will centre on the findings and conclusions of the recently published report, “A Fair Globalization: Creating Opportunities for All,” presented to the ILO by the World Commission on the Social Dimension of Globalization. The report by the independent commission established by the ILO to examine the social impact of globalization calls for an “urgent rethink” of current policies and institutions involved in the governance of globalization, outlining a vision for making it fair for all.It proposes a series of coordinated measures to improve governance and accountability, including fairer rules for international trade, investment, finance and migration. In addition, it calls for policies to make decent work a global goal, measures to promote core labour standards, and a minimum level of social protection in the global economy. The study also recommends new efforts to mobilize international resources to meet the UN Millennium Development Goals (MDGs), a set of time-specific targets for tackling the world’s ills, including halving extreme poverty and hunger by 2015.On Myanmar, the Governing Body will examine the feasibility of implementing a joint plan of action between the ILO and the Government.That scheme, which foresees the naming of a facilitator whom potential victims of forced labour can approach confidentially, was suspended after confrontations at the end of May led to the detention of opposition leader Daw Aung San Suu Kyi.On the broader jobs picture, the session will also discuss ways to create productive employment in order to reduce poverty and accelerate development. The ILO estimates that 185.9 million people – or 6.2 per cent of the world labour force – were out of work in 2003.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Oil tracks gains in stocks, erases early losses; US pump price at $3.66 as weekend nears NEW YORK, N.Y. – An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday.Benchmark West Texas Intermediate crude for July delivery fell three cents to close at US$94.25 a barrel on the New York Mercantile Exchange.The price sank as low as $92.21 in the morning after weak manufacturing data from China raised questions about the strength of oil demand in the world’s No. 2 economy.Global stock markets showed sharp declines amid indications that the U.S. Federal Reserve’s may pull back on its economic stimulus program. Tokyo’s Nikkei 225 index of shares fell 7.3 per cent.But U.S. stocks recouped most of their losses by midday, with the Dow finishing the day down just 12.67 points at 15,269.93. Oil traders followed, at one point pushing oil to a small gain.HSBC Corp. said a preliminary version of its monthly purchasing managers’ index fell to 49.6 for May from 50.4 in April. Numbers below 50 indicate contraction. That sank oil prices because a downturn in energy-hungry China would likely lead to a decline in crude demand.Ample U.S. supplies of crude oil and refined products such as gasoline continue to weigh on oil prices, even as the summer driving season gets underway in the U.S. with Memorial Day weekend.“Ahead of the start of the summer driving season, (gasoline) stocks are six per cent up on the long-term average and 10 per cent higher than last year’s level,” said a report from Commerzbank.Brent crude, a benchmark for many international oil varieties, fell 16 cents to US$102.44 a barrel on the ICE Futures exchange in London.In other energy futures trading on Nymex, wholesale gasoline rose one cent to US$2.83 a U.S. gallon (3.79 litres), heating oil lost one cent to US$2.86 a gallon, and natural gas rose eight cents to US$4.26 per 1,000 cubic feet.(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE) by The Associated Press Posted May 23, 2013 5:03 pm MDT
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Middle-class parents are twice as likely as working-class parents to ignore their children and focus on their phones instead, with mothers the worst offenders, a report has found. High-earning parents who take their work home with them end up ignoring their children because they are too fixated on electronic devices, experts warned. The behaviour could be stunting their child’s development – and could even be classed as neglect. The Ipsos Mori research found that one in three middle-class parents are working when they should be interacting with their children, compared to 15 per cent of working-class parents. Mothers were more likely to admit to a smartphone fixation, with 72 per cent admitting using a device while with their children, compared to 62 per cent of fathers. Tara Beard-Knowland, senior director at Ipsos Mori, said that professional parents were more likely to have access to smartphones – but added that they were also unable to leave their work at the office. “There are probably more people in that middle class group who have got jobs where they expect to be contacted all the time. They work in an office environment where your work follows you home on weekends and you can’t leave it behind in the office,” she said. Psychotherapist Hilda Burke added that parents should be setting an example to stop their children becoming fixated on technology too. “It’s up to the parents to manage the children’s exposure to digital devices. By setting firm boundaries and modelling a healthy relationship with our digital devices, children are likely to learn how to make technology ‘helpful’ rather than become enslaved to it,” she said. Previous research has found that parents’ obsession with their smartphones means some children who start primary school are unable to hold conversations. Last year The Key, an information and advice service for head teachers, warned that almost 200,000 children were ill-prepared for their first day at school because of lack of social and speech development. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. Parents of the youngest children are more likely to be found tapping away at Twitter or Facebook – 86 per cent of parents of under-5s admitted to using social media when they were with their child. Charities have previously raised concerns that parents’ technology use could be making their children lonely.Barbara Honey, a senior practice consultant for relationship charity Relate, warned that watching a parent staring at a phone could cause emotional distress for a child, particularly if they are very young.”If a parent or carer is paying attention to something else and not to the child, children are very perceptive – they can interpret that behaviour and think ‘there’s something wrong with me, I’m naughty, I’m not good enough’,” she said. She also warned that parents who are “glued” to a device could be stunting children’s social skills – and could even be guilty of neglect. While previously activities such as ironing and watching TV could be done while interacting with children, new technology meant parents were more likely to shut them out. “You learn crucial social and communication skills from your parents and their interactions with you, and by observing what they are doing. “So you could have less effective social and communication skills because of not getting enough teaching, which is quite frightening,” she added.
GARDA COMMISSIONER MARTIN Callinan has said that he has the “height of respect” for the Public Accounts Committee.He made the comment after it emerged today that he is seeking legal advice over the proposed appearances of two garda whistleblowers at the Public Accounts Committee next week.This afternoon, speaking in Dundalk, the Commissioner said:I have the height of respect for the Public Accounts Committee (PAC). I said that yesterday on a number of occasions. They do extremely good work for the citizens of this country. And I certainly don’t want to do anything to hamper that situation.However, he added:“But, you know, I have my own backyard to watch and I intend to be as transparent as I have to be in terms of appearing before these people and providing the type of information that they require.”He said that he has “no difficulty at all, as the Commissioner and the accounting officer of An Garda Siochána, in providing that information”.This afternoon, members of the PAC were divided on whether or not they should hear evidence from the whistleblowers in public or private session.The whistleblowers have alleged that fixed-charge penalty notices have been cancelled corruptly and illegally. Their claims were dismissed by the Garda Comissioner yesterday.The allegations are being made by a serving garda, Maurice McCabe, and an ex-member of the force, John Wilson. PAC chairman John McGuinness has indicated both men are willing to appear before the committee.Asked about stopping McCabe from appearing before the PAC, Commissioner Callinan said: “I’m not going to discuss that matter at this time.”Earlier today, Independent TD Shane Ross said that the whistleblowers have “every right to express a view, an opinion and give evidence in public”.- Additional reporting Hugh O’ConnellRead: TDs divided on whether PAC should hear from garda whistleblowers publicly>Poll: Should the garda whistleblowers be brought before the PAC?>
Apr 4th 2017, 9:00 PM Tweet thisShare on FacebookEmail this article https://jrnl.ie/3324348 10,004 Views Get our daily news round up: WORLD A child is treated following a suspected chemical attack in Syria. Source: Depo Photos/ABACA#SYRIA At least 58 people were killed and dozens wounded in a suspected chemical attack on a rebel-held town in north-western Syria.#RUSSIA: The number of people who were killed in a terror attack in St Petersburg yesterday has risen to 14.#CANADA A drunk pilot who passed out in the cockpit of his plane before take-off has been jailed for eight months.PARTING SHOTIrish television can be hit and miss. But sometimes there are moments where you just have to applaud our national broadcaster even if you can’t believe what you’re watching.On RTÉ’s Big Week On The Farm, Barry John Crowe beat the Guinness World Record for the most sausages made in a minute, the Daily Edge reports. All the sausages had to be four inches long, and any broken or otherwise ‘tainted’ sausages will be discounted. The record was 60… Barry John got a whopping 78.You can watch the video in all its glory here. Source: RTÉ – IRELAND’S NATIONAL PUBLIC SERVICE MEDIA/YouTube Tuesday 4 Apr 2017, 9:00 PM Here’s What Happened Today: Tuesday Hutch hitman arrested, a murder investigation in Kerry and a sausage world record in Cavan – it’s the Evening Fix. Share Tweet Email1 By Garreth MacNamee 3 Comments Short URL NEED TO CATCH up? TheJournal.ie brings you a round-up of today’s news.IRELAND Ella Taylor from Scoil Mhuire nGael, Dundalk, Louth, pictured with her winning design poster, pictured at the Annual ‘Seatbelt Sheriff’ and ‘Hi-Glo Silver’ Awards Ceremony. Source: Robbie ReynoldsGardaí arrested a suspected hitman who had travelled from Estonia to kill members of the Hutch gang.A murder investigation was launched in Kerry after a pensioner died in suspicious circumstances.There was a slight breakthrough in the Bus Éireann dispute as management and unions agreed to meet for talks. A married couple from Armagh who sexually abused a woman with learning disabilities over an eight-year period were jailed.The head of the Road Safety Authority welcomed the news that the Garda Traffic Corps is to be reformed.The Bishop of Waterford has backed calls for an inquiry into the actions of convicted paedophile Bill Kenneally.A young mother has avoided jail after she went on “massive spending spree” after a bank accidentally deposited €51,000 into her bank account.
Greece is the least satisfied nation in the European Union, according to a Eurobarometer survey released Thursday.The survey conducted between 17 and 28 March revealed that only 52 percent of Greeks say they are satisfied with their lives, compared to an average of 83 percent across the 28-member bloc.Over a third (35 percent) of Greek respondents claim to be satisfied with their personal financial situation, compared to a 71 percent average across the EU.A whopping 98 percent of surveyed Greeks said their country’s economy is bad while 50 percent believe that not only is the financial crisis still not over, but it’s going to get worse.Looking at the country’s general well-being, 94 percent of Greeks said it is negative. This compares to the rest of the UE where an average 51 percent their general situation was positiveThe survey, conducted by the EU twice a year also showed that 38 percent of the EU’s 510 million citizens thought immigration was the most important issue it faced. Concerns about terrorism came a close second with 29 percent of respondents nominating it as the most pressing issue facing the EU.The survey showed a one point increase since autumn 2017 in the level of trust towards the EU to 42 percent. The percentage of people who felt that their voice counted in the EU was 45 percent, up one percent since the last poll. Facebook Twitter: @NeosKosmos Instagram
A man suffered facial burns Saturday in a cooking fire at a Yacolt home, according to Fire District 13.The fire at a rented mobile home at 105 E. Jones St. was reported at 7:14 p.m., according to dispatch records.Tom McDowell, assistant chief for Fire District 13, said the fire started in a cooking pan. Flames scorched cabinets but didn’t set them on fire. A man covered the pan and was attempting to carry it out of the mobile home when flames shot up and burned his face. He dropped the burning pan. Fire scorched the floor but did not spread.The man was transported by ambulance to a hospital. More information on his identity or condition was not available.
More than half (57%) of millennial respondents cite reward for effort in the workplace as a top priority, according to research by Edenred.The Edenred-Ipsos 2016 barometer, which surveyed 14,400 employees across 15 countries, including 3,500 millennials aged between 18 and 30, also found that 28% of millennial respondents view work-life balance as a key concern.The research also found:62% of respondents over the age of 30 cite reward for effort as a top priority, and 29% name work-life balance as a key concern.26% of millennial respondents believe motivation at work is increasing, compared with 15% of respondents who are aged over 30.19% of UK and German millennial respondents believe motivation at work is increasing over time, compared to 12% in France, 26% in the US, 30% in Brazil, 32% in China, and 58% in India.40% of millennial respondents in Brazil cite good working conditions as a key factor in choosing an organisation to work for, compared to 32% of those over 30.31% of millennial respondents in China value flexibility at work, compared to 19% of Chinese respondents over 30.Andy Philpott (pictured), sales and marketing director at Edenred UK, said: “The findings of the Edenred-Ipsos 2016 barometer demonstrate yet again how crucial it is for employers to take an evidence-based approach to managing people in the workplace.“With high expectations for employer support, recognition and reward across all generations, there is no substitute to developing an in-depth understanding of what it takes to motivate and reward your people to ensure they perform at their best for your business. It is therefore imperative that managers have access to the right tools and solutions to continue to develop their leadership skills in this area.”
A new regional magazine for Colorado’s IT community is set to launch in August. The 10,000 circulation-title, Rocky Mountain TechLine, plans to leverage the more than 11,000 computer-related enterprises in the state, according to Eric Wolferman, who will head up the publication and its corresponding Web site as editor and publisher. “While there are numerous general publications aimed at the business of information technology, there is none that informs readers about what is going on in their own backyard,” Wolferman told FOLIO:. “The majority of technology-related business target customers that are within a tighter sphere than the entire country or the world. Likewise, local and area enterprises with IT needs are more likely to engage providers that are closer to home.” The cover price for the monthly title will be $3.95–$24.95 for an annual subscription—but the magazine will be mailed free for the first year to technology-related executives and workers in the state, according to Wolferman. “Eventually, the magazine will develop a newsstand presence,” he says. “As we become more familiar to readers, and as they recognize the value of the information we provide, we will begin to convert the audience to a subscriber base.
White House senior adviser Jared Kushner is interviewed by Reuters at the Eisenhower Executive Office Building in Washington, US on 20 June. Photo: ReutersThe White House on Saturday outlined a $50 billion Middle East economic plan that would create a global investment fund to lift the Palestinian and neighbouring Arab state economies, and fund a $5 billion transportation corridor to connect the West Bank and Gaza.The “peace to prosperity” plan, set to be presented by White House senior adviser Jared Kushner at an international conference in Bahrain next week, includes 179 infrastructure and business projects, according to details of the plan and interviews with US officials. The approach toward reviving the moribund Israeli-Palestinian peace process was criticized by the Palestinians on Saturday.The ambitious economic revival plan, the product of two years of work by Kushner and other aides, would take place only if a political solution to the region’s long-running problems is reached.More than half of the $50 billion would be spent in the economically troubled Palestinian territories over 10 years while the rest would be split between Egypt, Lebanon and Jordan. Some of the projects would be in Egypt’s Sinai peninsula, where investments could benefit Palestinians living in adjacent Gaza, a crowded and impoverished coastal enclave.The plan also proposes nearly a billion dollars to build up the Palestinians’ tourism sector, a seemingly impractical notion for now given the frequent flareups between Israeli forces and militants from Hamas-ruled Gaza, and the tenuous security in the occupied West Bank. The Trump administration hopes that wealthy Gulf states and nations in Europe and Asia, along with private investors, would foot much of the bill, Kushner told Reuters.”The whole notion here is that we want people to agree on the plan and then we’ll have a discussion with people to see who is interested in potentially doing what,” Kushner told Reuters Television.The unveiling of the economic blueprint follows two years of deliberations and delays in rolling out a broader peace plan between Israelis and Palestinians. The Palestinians, who are boycotting the event, have refused to talk to the Trump administration since it recognized Jerusalem as the Israeli capital in late 2017.Veteran Palestinian negotiator Hanan Ashrawi dismissed the proposals on Saturday, saying: “These are all intentions, these are all abstract promises” and said only a political solution would solve the conflict.Kushner made clear in two interviews with Reuters that he sees his detailed formula as a game-changer, despite the view of many Middle East experts that he has little chance of success where decades of US-backed peace efforts have failed.”I laugh when they attack this as the ‘Deal of the Century’,” Kushner said of Palestinian leaders who have dismissed his plan as an attempt to buy off their aspirations for statehood. “This is going to be the ‘Opportunity of the Century’ if they have the courage to pursue it.”Kushner said some Palestinian business executives have confirmed their participation in the conference, but he declined to identify them. The overwhelming majority of the Palestinian business community will not attend, businessmen in the West Bank city of Ramallah told Reuters.Several Gulf Arab states, including Saudi Arabia, will also participate in the 25-26 June US-led gathering in Bahrain’s capital, Manama, for Kushner’s rollout of the first phase of the Trump peace plan. Their presence, some US officials say privately, appears intended in part to curry favor with Trump as he takes a hard line against Iran, those countries’ regional arch-foe.The White House said it decided against inviting the Israeli government because the Palestinian Authority would not be there, making do instead with a small Israeli business delegation.Political Disputes RemainThere are strong doubts whether potential donor governments would be willing to open their checkbooks anytime soon, as long as the thorny political disputes at the heart of the decades-old Palestinian conflict remain unresolved.The 38-year-old Kushner – who like his father-in-law came to government steeped in the world of New York real estate deal-making – seems to be treating peacemaking in some ways like a business transaction, analysts and former US officials say.Palestinian officials reject the overall US-led peace effort as heavily tilted in favour of Israel and likely to deny them a fully sovereign state of their own.Kushner’s attempt to decide economic priorities first while initially sidestepping politics ignores the realities of the conflict, say many experts.”This is completely out of sequence because the Israeli-Palestinian issue is primarily driven by historical wounds and overlapping claims to land and sacred space,” said Aaron David Miller, a former Middle East negotiator for Republican and Democratic administrations.Kushner acknowledges that “you can’t push the economic plan forward without resolving the political issues as well.” The administration, he said, will “address that at a later time,” referring to the second stage of the peace plan’s rollout now expected no earlier than November.Kushner says his approach is aimed at laying out economic incentives to show the Palestinians the potential for a prosperous future if they return to the table to negotiate a peace deal.Kushner stressed that governments would not be expected to make financial pledges on the spot.”It is a small victory that they are all showing up to listen and partake. In the old days, the Palestinian leaders would have spoken and nobody would have disobeyed,” he said.Travel CorridorKushner’s proposed new investment fund for the Palestinians and neighbouring states would be administered by a “multilateral development bank.” Global financial lenders including the International Monetary Fund and World Bank plan to be present at the meeting.The fund would include “accountability, transparency, anti-corruption, and conditionality safeguards” to protect investments.A signature project would be to construct a travel corridor for Palestinian use that would cross Israel to link the West Bank and Gaza. It could include a highway and possibly a rail line. The narrowest distance between the territories, whose populations have long been divided by Israeli travel restrictions, is about 40 km.Kushner said that if executed the plan would create a million jobs in the West Bank and Gaza, reduce Palestinian poverty by half and double the Palestinians’ GDP.But most foreign investors will likely stay clear for the moment, not only because of security and corruption concerns but also because of the drag on the Palestinian economy from Israel’s West Bank occupation that obstructs the flow of people, goods and services, experts say.Kushner sees his economic approach as resembling the Marshall Plan, which Washington introduced in 1948 to rebuild Western Europe from the devastation of World War Two. Unlike the US-funded Marshall Plan, however, the latest initiative would put much of the financial burden on other countries.President Donald Trump would “consider making a big investment in it” if there is a good governance mechanism, Kushner said. But he was non-committal about how much the president, who has often proved himself averse to foreign aid, might contribute.Economic programs have been tried before in the long line of US-led peace efforts, only to fail for lack of political progress. Kushner’s approach, however, may be the most detailed so far, presented in two pamphlets of 40 and 96 pages each that are filled with financial tables and economic projections.In Manama, the yet-to-released political part of the plan will not be up for discussion, Kushner said.The economic documents offer no development projects in predominantly Arab east Jerusalem, which Palestinians want as the capital of their future state.What Kushner hopes, however, is that the Saudis and other Gulf delegates will like what they hear enough to urge Palestinian president Mahmoud Abbas to consider the plan.The message Kushner wants them to take to Ramallah: “We’d like to see you go to the table and negotiate and try to make a deal to better the lives of the Palestinian people.”
To embed this piece of audio in your site, please use this code: 00:00 /03:15 Ashley White, Greater Houston PartnershipBob Harvey, CEO of the Greater Houston Partnership, says the Super Bowl helps to promote Houston as a livable city.Houston’s Super Bowl host committee estimates the economic impact from Super Bowl 51 will be around $350 million.There is often disagreement about whether such estimates are accurate.But one thing that is certain is that it will expose Houston to the world.Bob Harvey, president and CEO of the Greater Houston Partnership, says that helps attract people and businesses. You can click on the play button above to listen to the interview. X Listen Share
The findings suggest that the work and achievements of men tend to be evaluated as more creative than similar work and achievements produced by women.“Our research shows that beliefs about what it takes to ‘think creatively’ overlap substantially with the unique content of male stereotypes, creating systematic bias in the way that men and women’s creativity is evaluated,” said lead researcher Devon Proudfoot from Fuqua School of Business at Duke University in Durham. Also Read – ‘Playing Jojo was emotionally exhausting’In an online study, the researchers randomly assigned 80 participants to read a passage describing a type of creativity: the ability to “think outside the box” (also known as divergent thinking) or the ability to “connect the dots” (convergent thinking). After reading the passage, the participants rated how central 16 different personality traits are to creativity. As expected, participants associated creativity more with stereotypically masculine traits, including decisiveness, competitiveness, risk-taking, ambition, and daring, than with stereotypically feminine traits like cooperation, understanding, and support to others, and this tendency was particularly pronounced when participants considered creativity as “thinking outside the box.” Also Read – Leslie doing new comedy special with NetflixThe participants, 100 men and 34 women, were evaluated on their innovative thinking by both their direct reports and supervisors. In examining the supervisors’ evaluations, the researchers found, once again, that male executives tended to be judged as more innovative than their female counterparts were.As predicted, the male manager was perceived as more creative when his behaviour was described as risky than when it was not, but there was no such effect for the female manager. And the male manager who adopted a risky strategic plan was viewed as more creative than the female manager who espoused the risky plan.The study was published in the journal Psychological Science.
Points and Fees Politics Qualified Mortgage 2014-06-10 Tory Barringer June 10, 2014 483 Views Share A bill designed to amend mortgage fee calculations under new industry rules cleared a major hurdle Monday, passing the House despite reservations from critics who say it may reopen the door to irresponsible lending.Introduced last year by a bipartisan group of representatives led by Rep. Bill Huizenga (R-Michigan), H.R. 3211 (the “Mortgage Choice Act of 2013”) would amend the Truth in Lending Act (TILA) to exempt fees from affiliated title companies from counting toward the 3 percent point and fee threshold established in the Qualified Mortgage (QM) rule implemented earlier this year. It would also clarify the treatment of insurance and taxes held in escrow.In a speech before the House vote, Huizenga argued the current definition of points and fees used for the QM test is “confusing and problematic,” asserting, “[M]any affiliated loans, particularly those made to low and moderate-income borrowers, would not qualify as QMs [as a result] and would be unlikely to be made or would only be made available at much higher rates due to heightened liability risks.”Not everyone agrees with the bill’s approach. In a statement released Monday, the Center for Responsible Lending (CRL) said H.R. 3211 could “upset the careful balance struck by the Consumer Financial Protection Bureau” in its creation of mortgage rules designed to protect consumers.”It’s deeply concerning how quickly we forget the devastating impact that abusive lending practices had on the housing market and the larger economy,” said Kenneth W. Edwards, VP of federal affairs at CRL. “Countless houses lost, innumerable families affected—and after a long, hard-fought battle to pass the necessary reforms to protect our homes, we find ourselves here again.”Still, Monday’s news garnered praise from industry groups, including the National Association of Realtors, the National Association of Federal Credit Unions, and the Mortgage Bankers Association, among others. in Daily Dose, Featured, Government, Headlines, News, Origination Mortgage Choice Act Clears House Vote
Fannie Mae Predicts Healthy Housing Market, Despite Affordability Issues in Daily Dose, Data, Government, Headlines, News January 14, 2016 566 Views Following up the exuberant growth of 2015’s housing market would be a tough act if anyone expected it could be followed. Most forecasts for 2016 come to the same conclusions as those of the National Association of Realtors‒‒optimistic about steady growth, but tempered with an understanding that growth will be more modest this year.As Fannie Mae sees it, the year ahead will be less like a person in love and more like one in a satisfying longterm relationship. Growth in the U.S. housing market will continue for its seventh straight year, but there will be bills to pay.In the housing market’s case, those bills will come in the form of affordability, which Fannie says will shrink, especially in the lower-end of the market, where strong home price gains still outpace household income growth.Fannie Mae’s Economic & Strategic Research (ESR) Group expects consumer spending to underpin economic growth this year, as it did in 2015, and for residential investment and government spending to help drive growth, despite some drag from net exports.Overall, the ESR Group expects the economy to grow 2.2 percent and the pace of improvement in total home sales should be about 4 percent in 2016.“We ended 2015 with a positive jobs report, an annual record high for auto sales, and the housing market poised to be the strongest since 2007,” said Doug Duncan, Fannie Mae’s chief economist. However, he said, “despite our expectation of only a small rise in mortgage rates, home price and income dynamics should inhibit home purchase affordability.”Overall, the housing market and its place in the economy will not be without its obstacles. Duncan cited China’s deteriorating economic activity, a stronger dollar, geopolitical turmoil, and uncertainty about monetary policy as lingering risks to the rosy outlook for the year ahead.Ed Delgado, CEO of the Five Star Institute in Dallas, cautioned against oversimplifying the economic picture, particularly in light of mounting debts and tighter job markets among younger adults.“The housing sector of the economy, in particular, needs to be re-evaluated,” Delgado said. “Although the housing market made strides this past year, the homeownership rate now stands at the lowest level in 48 years, millennials are saddled with $1.3 trillion in student loan debt, and job prospects for recent grads are bleak. As such, President Obama’s efforts on the housing front cannot be counted as a victory. There now exist barriers of entry for homeownership among first-time homebuyers, millennials, and minorities.”In light of the Fed’s first rate hike since 2006‒‒which Fannie expects to see hit 4.2 percent by year’s end‒‒Duncan said that single-family starts should accelerate to 17 percent this year. But only, he said, “if easing housing supply shortages and a continued strong pace of household formation pan out.” Affordability Fannie Mae Housing Market 2016-01-14 Scott_Morgan Share
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