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first_imgThe new chief executive of Finnish local government and church pension fund Keva has resigned suddenly due to a crisis of confidence between him and the management board, the fund announced.Anna-Kaisa Ikonen, chairman of the Keva board, said: “Unfortunately, Jukka Männistö’s term is very short. “I would like to thank Männistö for his cooperation with the board and for his role in implementing changes in the management of Keva.”Keva, which has €41.5bn in investment assets, manages pensions for employees of local government, the state, the Evangelical Lutheran Church of Finland and benefits agency Kela.  Keva said Männistö had handed in his letter of resignation to the board of directors on 30 September.“The reason behind the resignation is a crisis of confidence between the board and CEO Männistö,” the pension fund said.Ikonen was not immediately available for further comment.The pension fund said the resignation would be put into effect once Keva’s council approved it, adding that the next council meeting would take place on 8 October.But the process of appointing a new chief executive will begin immediately, it said, with the new leader likely to take up his or her post in the spring of 2016.“Despite the resignation of the CEO, Keva will continue to operate without disruption,” Keva said.Männistö’s appointment as chief executive was only announced last year in May. He was then taking over from Pekka Alanen, Keva’s deputy managing director, who had been acting as interim head following the resignation of Merja Ailus in November 2013.Ailus had become caught up in a scandal involving accusations over personal expenses, taxes and benefits.Following the scandal, Keva worked on reforming its management guidelines, saying it needed to develop a leadership culture by other means than just instructions and rules.last_img read more


first_imgThe campaign group argued that the funds, through their large holdings in coal, oil and gas companies, were acting against the Paris agreement on climate change as well as certain national laws and agreements. A Greenpeace banner outside AP3’s office last weekA spokeswoman for AP3 said: “Greenpeace haven’t had an honest intent and therefore the prerequisites for a dialogue do not exist.”AP1, AP2 and AP4 did not comment.The AP funds are well-known for their emphasis on environmental issues and sustainability within their investment activities, as well as taking a leading international role in ESG campaigns.Their mandate is currently in the process of being reformed, and includes new legal requirements for the funds to be managed in an “exemplary manner” with regard to responsible investment and responsible ownership.In February 2017, AP3 reported that it had doubled its holdings in green bonds in 2016 SEK9.5bn, and is one of the largest Nordic investors in the instruments.In March this year, AP3 and AP4 were among the backers of a $1.42bn green bond fund, which was said to be the largest such fund launch up to that point. AP2, AP3 and AP4 were also among 60 investors earlier this year to support an engagement project to push international food companies to use more non-meat-based proteins.AP1, AP2, AP3, AP4 and AP7 are all members of the Institutional Investors Group on Climate Change, while all six funds in the AP system – including private equity specialist AP6 – have all signed up to the UN’s Principles for Responsible Investment.Note: This story was updated to include a comment from AP3. One of Sweden’s state pension buffer funds was targeted by activists from campaign group Greenpeace last week in a protest which included the occupation of a meeting room.The Swedish branch of the environmental organisation is currently conducting a campaign aimed at persuading the four main AP funds to divest from their coal, oil and gas stocks.AP3’s central Stockholm offices were invaded by the activists early on Wednesday morning, who then locked themselves in a meeting room and hung up paintings “to remind the AP funds that they, as state authorities, must live up to the laws and objectives decided by the Swedish Parliament”, according to a Greenpeace press release.Meanwhile, other protestors from the group went onto the roof and hung a large banner on the front of the building with the slogans “lyd lagen” (obey the law), and ”flytta pengarna” (move the money).last_img read more


first_img Tweet Sharing is caring! 6 Views   no discussions Share Sharecenter_img Share LocalNews 2012 Budget set to further protect Dominica from effects of global economic shocks by: – July 7, 2012 Prime Minister Roosevelt SkerritWhen Prime Minister and Minister for Finance, Hon. Roosevelt Skerrit presents the 2012-1013 national budget on Tuesday July 17 2012, Dominicans can expect him to address Government’s plan to further cushion the country from the economic shocks now taking place globally.The Prime Minister says a decline in revenue and increase in expenditure are major factors which will be taken into consideration in the upcoming budget.“Clearly the budget is being prepared against the backdrop of what is happening around the world. We have to be mindful of the challenges confronting us. We have seen in some cases, a drop in revenue and an increase in expenditure.”The Prime Minister who will be presenting his ninth budget since assuming office in 2004, says this year’s budget will continue to put the people of Dominica first.“Certainly we are mindful of some of the challenges confronting our people. Conatined in this budget, you will see some measures towards addressing some of the concerns that people have been raising from time to time.”The prime minister has assured Dominicans that while the budget will not address all the challenges confronting the country, it will take into consideration aspects of Dominica’s growth and social protection strategy (GSPS).“We have a GSPS- Growth and Social Protection Strategy which informs us of what we can do to improve the economic fortunes of the country and so we are following that GSPS and the budget is being prepared within the framework and the context of that GSPS.”As is customary at the start of a new Parliamentary Session, there will be an address by the President of Dominica, His Excellency, Dr. Nicholas J.O Liverpool DA.H. O.C.C.Government Information Servicelast_img read more


first_img “Ibig sabihin tama ang ginagawa ng ating national government. Gusto ng tao ang ginagawa ng Pangulong Duterte sa program kontra ilegal na droga,” Aquino said. Gamboa also said that the anti-drug campaign cannot be a massive failure when an estimated 5.1 tons of shabu, 2.2 tons of marijuana, 400 kg of cocaine, and 42,473 ecstasy pills all estimated worth P40.39 billion were taken off the streets. Philippine Drug Enforcement Agency chief Director General Aaron Aquino also belied Robredo’s claim, saying the latter had “dismissed” and “ignored” all efforts of the government in curbing illegal drugs for the past three years and was obviously speaking to politically attack President Duterte. “With a slim margin and you talk big,you know, for all of these years she has done nothing. She is a colossalblunder. Colossal blunder. Blunder,” he added. Duterte said that Robredo “has donenothing” as the second-highest official of the land. “Masakit din sa amin na ganito ang comments ng Vice President. We have demolished 14 clandestine laboratories, 419 drug dens could not be the 1% cited by Robredo, but perhaps, 100% success. There is no more production (of shabu) in the country,” he said. The PDEA chief added that when it comes to the number of crimes, incidents have declined from 11,860 in July 2016 to 5,000 in July 2019. Survey results in September 2019 also showed that 82 percent of Filipinos were satisfied with the war on drugs. “As far as PDEA is concerned, the metrics for the success of the anti-illegal drug campaign is drug clearing, crime index, trust rating and operational accomplishments,” Aquino said. The PDEA also seized a total of P45 million worth of illegal drugs as the authorities have conducted a total of 162,987 anti-illegal drugs operations and arrested 225,284 suspected drug personalities. Philippine National Police officer-in-charge General Archie Gamboa also belied Robredo’s allegations that the administration’s war against illegal drugs was a failure. “Her appreciation of the drug war statistics was wrong. Whether the numbers were merely an estimate of exact value, in any case, the figures derived were totally wrong,” he added. MANILA – President Rodrigo Duterte on Tuesday called Vice President Leni Robredo a “colossal blunder” for branding his controversial war on drugs a “massive failure.” “With all due respect, I beg to disagree with the public relations bombshell of Vice President Leni Robredo on the national anti-drug campaign as a massive failure,” Gamboa said in a press conference on Tuesday. “She has been there how many days? 18days. You know, I hate to say this but how many voters are there in thePhilippines? Just do away with the 200,000 plus that she got as a majority over(then Senator Bongbong) Marcos, it was really a mistake,” the President said ina media interview Tuesday. President Rodrigo Duterte slams the report of Vice President Leni Robredo on the so-called “war on drugs,” saying she does not have the experience nor enough time on the job to comment. On Monday, Robredo said the fightagainst illegal drugs was a “massive failure,” also giving the government’scampaign a score of 1 over 100. Robredo was previously appointed by Duterte as co-chairperson of Inter-Agency Committee on Anti-Illegal Drugs along with Aquino following her comments that the administration’s war on drugs was a failure. Robredo’s stint however lasted for just over three weeks after she was fired by President Duterte over fears that she will “mess up” the government’s campaign against illegal drugs./PNlast_img read more


first_img Promoted Content6 TV Characters Whose Departures Have Made The Shows Better10 Characters Who Deserve To Be Official Disney PrincessesWhich Country Is The Most Romantic In The World?The Very Last Bitcoin Will Be Mined Around 2140. Read More6 Extreme Facts About HurricanesEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouEver Thought Of Sleeping Next To Celebs? This Guy Will Show You13 kids at weddings who just don’t give a hootWhat Are The Most Delicious Foods Out There?5 Of The World’s Most Unique Theme ParksWho’s The Best Car Manufacturer Of All Time?Big Actors Who Started Off With A Part In A Soap Opera Read Also: Barca confident Messi can face Mallorca, despite thigh injury Tebas said during a videoconference: “Sometimes when we have seen games played behind closed doors, there is an echo and the horrible sight of empty stands. “We are working on methods against this and there will be an interesting question of virtual advertising and having a stand with messages from Twitter that are shown during the game.” FacebookTwitterWhatsAppEmail分享 The details are outlined by Marca, with crowd images from FIFA 20 to be inserted into the empty stands to give the appearance of packed stands, which will then be supplemented by recorded atmosphere noises which will be available as an audio option. Broadcasters will offer TV viewers two options – the match as it is without fans and with no crowd noises, while the secondary option will be with the simulated audio and visual. The top two divisions of Spanish football are scheduled to return after a three-month break with the Seville derby between Sevilla and Real Betis on 11 June, with games being staged across 32 consecutive days and hopes to finish the campaign by late July.Advertisement Loading… center_img La Liga will combat the loss of atmosphere from games being staged behind closed doors with virtual images and sounds of fans. La Liga are considering a range of plans to make up for the absence of fans in matches including broadcasting tweet and social media interactions of fans inside the stadium, with the arrangements outlined by Marca last month.last_img read more


first_imgRuler Of The World has been given the lowest rating of any Investec Derby winner this century by the British Horseracing Authority’s senior handicapper. Press Association Smith said in his BHA blog: “I have Libertarian on 117 as he has basically run to the same level as Battle Of Marengo, and that is what I had him running to on both of his starts this year. “I have no reason to believe that Battle Of Marengo did not run his race at Epsom. As a result I have Ruler Of The World performing to 120. “I have agreed this figure with Garry O’Gorman, who is senior handicapper on the Flat for the Irish Turf Club, and it is the lowest immediate after-race figure for a Derby winner this century. “However, just as with Talent, I am sure this will not be the limit of Ruler Of The World’s ability level.” center_img Phil Smith has given Aidan O’Brien’s unbeaten colt a figure of just 120 following his defeat of Libertarian, although he admits he has the potential to improve it. He was similarly dismissive of Oaks winner Talent, rated 114 and above only Casual Look and Was at this stage. last_img read more


first_img Gallas, 36, was released by Tottenham earlier in the summer, with the former Chelsea and Arsenal player said to also have been in contact with A-League side Melbourne Victory. Palace crashed out of the Capital One Cup at Bristol City in midweek and appear in need of reinforcements, having lost their opening two Barclays Premier League games. Press Association However, Holloway admitted there had only been initial talks with Gallas. “We are a long way off a deal with him, but I met him. Whether we can ever come to a deal I do not know,” Holloway said at a press conference on Sky Sports. “He was a very nice man and he admitted he is only 50 per cent fit, which might be a problem.” Palace are in the market for new bodies to bolster the squad, with Holloway confirming permission had been given by Reading to speak to winger Jimmy Kebe. “He is one of the ones we are trying to pursue,” the Eagles boss added. “I was allowed to speak to Jimmy at about half 11 on Wednesday night, so I don’t know where we are with that.” Palace, promoted after winning last season’s Championship play-off final, have also been linked with a loan move for Tottenham England under-21 midfielder Tom Carroll, as well as permanent deals for Aston Villa’s Scotland international Barry Bannan and West Ham’s out-of-favour Portugal forward Ricardo Vaz Te. The Eagles are at home to Sunderland in Saturday’s 5:30pm kick off, but look set to again be without injured midfielders Jerome Thomas and Yannick Bolasie. center_img Manager Ian Holloway has confirmed Crystal Palace have held talks with William Gallas, but admits there is no certainty of closing a deal for the veteran defender.last_img read more


first_imgA mother and her daughter have been charged in the brutal murder of a 19-year-old girl who was strangled before her baby boy was cut from her womb.Three suspects were charged for the murder of Marlen Ochoa-Lopez and were ordered to remain in a Chicago jail after a hearing on Friday.Clarisa Figueroa, 46, and her daughter, Desiree, 24, were both charged with one count each of first-degree murder and aggravated battery of a child causing permanent disability.The elder Figueroa’s boyfriend, Piotr Bobak, 40, was charged with concealment of a homicide.Police say that Ochoa-Lopez was lured the Figeuroas’ home through a Facebook group for mothers in which Ochoa-Lopez was offered a double stroller and baby clothes.Once Ochoa-Lopez was inside the home on April 23., the 9-month pregnant mother was killed, and her child was removed, according to police.According to police, the newborn had problems breathing, and the elder Figueroa made a frantic 911 call saying the baby was “pale and blue,” police say.The baby was rushed to Advocate Christ Medical Center in Oak Lawn, where the teenager’s family says the boy was brain-dead due to lack of oxygen and remains on life support as of Thursday.The body of the pregnant teen who had been missing since April was dumped in a local trash can and found by police on Wednesday, nearly four weeks after the crime occurred.Police have not established a motive but believe the 46-year-old suspect wanted to keep the newborn following the death of her adult son.The 24-year-old suspect allegedly confessed to helping her mother commit the crime.Police and hospital doctors have faced heavy criticism for failing to piece together what had happened sooner.The parents of Ochoa-Lopez, who was also the mother to a 3-year-old boy, said in a statement that “they want justice for their daughter.”A memorial of flowers, balloons, a cross and photo of victim Marlen Ochoa-Lopez, are displayed on the lawn, Friday, May 17, 2019 in Chicago, outside the home where Ochoa-Lopez was murdered last month. Assistant State’s Attorney James Murphy says a pregnant Ochoa-Lopez, who was killed and whose baby was cut from her womb, was strangled while being shown a photo album of the late son and brother of her attackers. (AP Photo/Teresa Crawford)This story is developing.last_img read more


first_imgAn idea that has come up and been rejected from time to time regarding Florida’s capital is back again.Democratic Senator Kevin Rader, of Delray Beach, wants lawmakers to consider moving our state capital from Tallahassee.He filed the proposal (SB 112) for consideration during the 2020 legislative session, which starts this January.The proposal requests that the Legislature’s Office of Program Policy Analysis and Government Accountability study the cost of relocating the flagship city to Central Florida, and the related economic impact to Tallahassee and its surrounding area.Rader, who seeks to have the study completed by the end of 2021, wants the analysis to include information about travel costs to the state capital.On a similar note, former Republican Representative Bill Hager, of Delray Beach, also proposed a measure last year to form a task force to examine options for relocating the Capitol building, executive-branch offices and Legislature. It failed to get heard in committees.Tallahassee was selected as the state’s territorial capital in 1824, since it was located midway between Florida’s two principal cities – St. Augustine and Pensacola, according to the Florida Department of State.Voters rejected a referendum in 1900 to relocate the capital. In 1969, a debate on relocation also surfaced, but never made it to the ballot.In 1972, the state Legislature agreed to build the 22-story Capitol building that stands behind the Old Capitol.last_img read more


first_imgLondon: Lancashire and the clubs three overseas players — BJ Watling, Glenn Maxwell and James Faulkner — have mutually terminated contracts for the 2020 campaign.New Zealand wicketkeeper-batsman Watling was signed for the opening nine County Championship games while the Australian duo of Maxwell and Faulkner were signed up for the T20 Blast competition.However, as a result of the COVID-19 pandemic and given the cancellation of all fixtures until May 28 — and the current uncertainty surrounding the season beyond that date — Lancashire’s Director of Cricket Paul Allott contacted all three players and representatives over the last two weeks and having explained the situation, it was mutually agreed that all three contracts for the 2020 season would be cancelled.Allott said: “These are clearly very uncertain and challenging times for all counties both financially and operationally and it’s clear the issues we face at the moment will have an impact on the way we prepare for the domestic season.”“The overseas player situation is a policy that has been discussed nationwide and we think it’s prudent to mutually come to an agreement with the players we had originally signed.“We will keep in touch with the players and their representatives, and as part of the agreement we’ve come to, we do have an option to sign them for the 2021 campaign.“Clearly, we are looking at a condensed and truncated season, and whilst it is of course disappointing not to have any overseas players at our disposal, it does mean that we will be able to give our young, and homegrown players increased opportunities,” he added.In addition, the club has also agreed with all staff a 20 per cent salary reduction in May. This has also been unanimously agreed to by the Lancashire players.“I would also like to thank the current Lancashire squad for agreeing to a 20 per cent salary reduction for the month of May,” Allott said.“The players were very keen that any salary reductions for them should be in line with the rest of the club’s staff. It has truly been a unified approach to what is a very difficult situation we currently find ourselves in,” he added. IANSAlso Read: Lancashire cricket club chairman David Hodgkiss dies with COVID-19Also Watch: Senior Journalist Ajit Kumar Bhuyan files nomination papers for Rajya Sabha electionslast_img read more