Video: Mozambique partnership addresses malaria, intense flooding

first_img Featured Jobs & Calls Rector Tampa, FL This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector and Chaplain Eugene, OR In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Course Director Jerusalem, Israel Rector (FT or PT) Indian River, MI Rector/Priest in Charge (PT) Lisbon, ME TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit an Event Listing Video: Mozambique partnership addresses malaria, intense flooding Rector Bath, NC Associate Rector for Family Ministries Anchorage, AK Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Collierville, TN Curate (Associate & Priest-in-Charge) Traverse City, MI Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Africa, Press Release Service Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Associate Rector Columbus, GA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Anglican Communion, The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Video Rector Belleville, IL Submit a Press Release Priest Associate or Director of Adult Ministries Greenville, SC Submit a Job Listing Tags Assistant/Associate Priest Scottsdale, AZ center_img Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Family Ministry Coordinator Baton Rouge, LA Priest-in-Charge Lebanon, OH Assistant/Associate Rector Washington, DC Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Director of Administration & Finance Atlanta, GA Curate Diocese of Nebraska Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Washington, DC Assistant/Associate Rector Morristown, NJ By Matthew DaviesPosted Dec 17, 2014 An Evening with Aliya Cycon Playing the Oud: Crossing continents and cultures with the most beautiful instrument you’ve never heard Lancaster, PA (and streaming online) July 3 Rector Hopkinsville, KY Cathedral Dean Boise, ID Canon for Family Ministry Jackson, MS New Berrigan Book With Episcopal Roots Cascade Books [Episcopal News Service] With picture postcard landscapes, rich agricultural possibilities, and a people committed to a sustainable future, Mozambique is a place of great beauty and potential.But intense seasonal flooding, periodic droughts and the burden of malaria and other communicable diseases continue to bring suffering to much of the population.Responding to these crises and encouraging sustainability has been the focus of Anglican Social Action (ASA), the relief and development arm of the Diocese of Lebombo.Episcopal Relief & Development has partnered with ASA through the malaria prevention program NetsforLife®, community development initiatives, and in responding to the immediate impact and long-term recovery from flooding disasters.This video is also featured here as part of Episcopal Relief & Development’s 75 stories over 75 weeks project to celebrate the agency’s 75th anniversary. The 75-week celebration will continue through the end of 2015.Another video report about how this partnership fosters sustainable livelihoods is available here and below. Youth Minister Lorton, VA Rector Shreveport, LA Director of Music Morristown, NJ Rector Smithfield, NC Bishop Diocesan Springfield, IL Rector Martinsville, VA Rector Knoxville, TN Rector Pittsburgh, PA Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Featured Events Episcopal Relief & Development, Missioner for Disaster Resilience Sacramento, CA Rector Albany, NY Associate Priest for Pastoral Care New York, NYlast_img read more

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Myanmar hosts summit on transforming churches and communities

first_img Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Collierville, TN Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Tags Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit an Event Listing Assistant/Associate Rector Washington, DC Episcopal Relief & Development Course Director Jerusalem, Israel Rector/Priest in Charge (PT) Lisbon, ME Associate Priest for Pastoral Care New York, NY Rector (FT or PT) Indian River, MI Rector Knoxville, TN Director of Administration & Finance Atlanta, GA Rector Bath, NC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Anglican Communion, Rector Martinsville, VA Rector Albany, NY AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Pittsburgh, PA Missioner for Disaster Resilience Sacramento, CA Myanmar hosts summit on transforming churches and communities Featured Jobs & Calls Submit a Press Release Associate Rector Columbus, GA In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Press Release Service Submit a Job Listing Assistant/Associate Rector Morristown, NJ Curate Diocese of Nebraska Bishop Diocesan Springfield, IL [Anglican Communion News Service] Representatives from 10 countries across Asia have taken part in a consultation affirming a new approach to whole-life transformation for local churches and communities, based on biblical principles and using local assets and talents to help bring about change.Participants from India, Bangladesh, Nepal, the Philippines, Malaysia, Cambodia, Sri Lanka, and Myanmar, as well as Australia and the U.K., gathered in July to share their experiences and look at next steps.The consultation in Yangon, Myanmar, was hosted by the Church of the Province of Myanmar and organized by the Anglican Alliance, in partnership with Tearfund, Episcopal Relief & Development and the Anglican Board of Mission, Australia. Its aim was to enable the various countries to learn from each other and see how these approaches are shaped by their unique context.Read the full article here. This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Asia, Rector Hopkinsville, KY The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Cathedral Dean Boise, ID The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Washington, DC Rector Tampa, FL Canon for Family Ministry Jackson, MS Featured Events Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Director of Music Morristown, NJ Family Ministry Coordinator Baton Rouge, LA Assistant/Associate Priest Scottsdale, AZ Rector Belleville, IL Priest Associate or Director of Adult Ministries Greenville, SC Rector Shreveport, LA Rector Smithfield, NC Curate (Associate & Priest-in-Charge) Traverse City, MI Youth Minister Lorton, VA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York By Rachel FarmerPosted Aug 2, 2019 Priest-in-Charge Lebanon, OH Rector and Chaplain Eugene, OR Associate Rector for Family Ministries Anchorage, AK New Berrigan Book With Episcopal Roots Cascade Books last_img read more

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International Fellows in Philanthropy programme

About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 20 September 2000 | News International Fellows in Philanthropy programme AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisement  14 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Johns Hopkins Institute for Policy Studies, Center for Civil Society Studies is seeking applications for its International Fellows in Philanthropy Program for the 2000-2001 academic year. Based in Baltimore, Maryland, USA, this programme affords an opportunity to advance study, research, and training for up to eight participants each year who are involved in studying or managing private non-profit, or philanthropic organisations outside of the United States, or working as NGO liaisons in the public or commercial sectors.Find out more from Johns Hopkins. read more

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Freddie Mac’s Credit Risk Transfer Continues With Last Offering of 2015

first_img About Author: Brian Honea Share Save Servicers Navigate the Post-Pandemic World 2 days ago November 23, 2015 862 Views in Daily Dose, Featured, News, Secondary Market Freddie Mac’s Credit Risk Transfer Continues With Last Offering of 2015 Credit Risk Transfer Freddie Mac STACR Series 2015-11-23 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Tagged with: Credit Risk Transfer Freddie Mac STACR Series  Print This Postcenter_img Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Freddie Mac’s Credit Risk Transfer Continues With Last Offering of 2015 Previous: Whistleblower Attempts to Revive RMBS Suit Against Wells Fargo Next: DS News Webcast: Tuesday 11/24/2015 Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago Freddie Mac on Monday announced its intention to sell its final Structured Agency Credit Risk (STACR) debt notes offering of 2015, this time for $590 million. The latest STACR offering is the Enterprise’s eighth of the year and 17th overall since the program launched in 2013.The latest offering, STACR 2015-HQA2, is Freddie Mac’s second actual loss offering of loans with LTVs ranging from 80 to 95 percent. The unpaid principal balance of the mortgages in the reference pool of loans for STACR 2015-HQA2 is more than $17 billion. The mortgages in the reference pool are 30-year fixed-rate single-family mortgages and were acquired by Freddie Mac during a four-month period between December 1, 2014, and March 31, 2015, according to the announcement.With the STACR program, Freddie Mac is reducing its exposure to credit risk and at the same time bring private investors back into the single-family market. Freddie Mac’s risk-sharing initiatives include 16 previous STACR debt note offerings and 11 Agency Credit Insurance Structure (ACIS) transactions since becoming the first agency to market credit risk transfer transactions with STACR and ACIS in the middle of 2013. Since then, Freddie Mac has grown its investor base to more than 170 unique investors, including reinsurers. The Enterprise has laid off a substantial portion of credit risk on single-family mortgages totaling $367 billion in UPB.Freddie Mac’s conservator, the Federal Housing Finance Agency (FHFA), recently announced in its Performance and Accountability Report for Fiscal Year 2015 that both Fannie Mae and Freddie Mac have already met their credit risk transfer goals for the calendar year 2015. Freddie Mac has transferred credit risk on $126 billion in single-family mortgages this year, which is 6 billion higher than its goal of $120 billion for the year.Fannie Mae announced earlier in November that their credit risk sharing initiatives were approaching the half trillion dollar mark in just two years.last_img read more

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RMBS Servicing Challenges in 2020

first_imgSign up for DS News Daily Tagged with: mortgage RMBS Security The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. mortgage RMBS Security 2020-01-30 Seth Welborn January 30, 2020 1,376 Views Servicers Navigate the Post-Pandemic World 2 days ago According to Fitch Ratings during its most recent U.S. RMBS servicer roundtable, change is coming for U.S RMBS servicers in 2020. RMBS servicers shared perspectives on important industry trends and developments during Fitch Ratings’ fourth annual U.S. RMBS servicer roundtable event.”Ultimately, the industry is expected to embrace new digital technologies where it supports clear efficiencies and a cost-benefit,” said Fitch. “However, servicers that are most effective in leveraging technology to directly embrace challenges such as the anticipated LIBOR transition, periodic catastrophes, and industry competition are more likely to be successful in 2020 and beyond.”According to Fitch, U.S. RMBS servicers showed an improved awareness of difficulties and implications tied to the anticipated expiration of LIBOR at the end of 2021. Servicers are also preparing for natural disasters as risk increased over the past decade. Servicers use FEMA-designated disaster area notifications to assess the initial impact to their borrowers. Strategies that servicers employ include waiving late fees, temporary credit bureau reporting cessation and short-term forbearance plans. The GSEs, as well as private investors, have policies that address most disaster scenarios and such policies have been institutionalized across the mortgage servicing industry. Servicers agreed that while natural disaster frequency has increased, the impact to their portfolios has so far been minimal.Servicers also discussed low delinquency rates.”For instance, banks are subject to liquidity stress tests, but non-bank servicers are not subject to those requirements and maintain liquidity from investors and clients, which, in a stressful environment, can jeopardize advance facilities. On the other hand, the participants noted that a well-capitalized investor parent could serve to minimize liquidity risk for a non-bank servicer subsidiary.”Technology continues to play an integral role in the industry and servicers are implementing automation enhancements to maximize efficiencies that include eMortgages, artificial intelligence and robotics.”Servicers indicated that they expect the eMortgage trend to continue as loan originators drive the demand for eMortgages. Robotics is a technology viewed by servicers that can eliminate redundant processing, although the cost of implementation may be prohibitive, requiring a cost-benefit analysis prior to implementation.” The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles About Author: Seth Welborncenter_img Demand Propels Home Prices Upward 2 days ago Previous: Volcker Rule Adjustments Ahead Next: The Renting Balance Demand Propels Home Prices Upward 2 days ago RMBS Servicing Challenges in 2020 Share Save  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / RMBS Servicing Challenges in 2020last_img read more

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Justice Chandrachud, Chairperson Of SC E-Committee, Confers With HC Judges On Video-Conferencing & Web Hosting Of Proceedings

first_imgTop StoriesJustice Chandrachud, Chairperson Of SC E-Committee, Confers With HC Judges On Video-Conferencing & Web Hosting Of Proceedings LIVELAW NEWS NETWORK3 April 2020 9:24 PMShare This – xIn its endeavour to ensure that urgent matters are heard promptly during the period of the lockdown occasioned by the outbreak of Covid – 19 and that parties are not required to come to court for other cases listed for hearing, the E-Committee of the Supreme Court assembled through video conferencing in the morning.The Chairperson, Dr. Justice Chandrachud, reviewed the measures which have…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginIn its endeavour to ensure that urgent matters are heard promptly during the period of the lockdown occasioned by the outbreak of Covid – 19 and that parties are not required to come to court for other cases listed for hearing, the E-Committee of the Supreme Court assembled through video conferencing in the morning.The Chairperson, Dr. Justice Chandrachud, reviewed the measures which have been initiated by the High Courts in their respective jurisdictions. After noting the difficulties faced by some states in e-filing, in the operation of virtual courts and in the course of hearing cases through video conferencing, the Chairperson proposed that a meeting of the Chairpersons of the Computer committees of the High Courts be organised at 4 pm. Shri. Ramesh Babu, member of the E-committee contacted all Chief Project Coordinators of the Computerisation projects in the High Courts to ensure that all the Chairpersons were provided with information on the tentative agenda of the meeting. After incorporating suggestions from the High Courts, the following agenda for the meeting was drawn up: 1. Ensuring that the lockdown does not affect hearing of urgent matters in all courts across the country by: a. Enabling e-filing, consistent with Section 6 of the Information Technology Actb. Considering the feasibility of hearing urgent matters by video conferencing.c. Providing facilities in a facilitation centre for e-filing and video conferencing as far as possible in buildings situated at the entrance of court complexes, ensuring that the facilities are regularly sterilised,d. If such buildings are not available, considering installing porta-cabins at entrances,e. Providing facilities for e-filing, scanning and uploading as far as possible free of cost in urgent matters during the lockdown period.f. Providing at least two cubicles for video conferencing, with desktops, cameras etc. , subject to need and availability of funds,g. Authority to use unspent funds from phase II of E-courts project for this purpose, subject to observing financial norms, and obtaining ex-post facto approval of the E-committee/ Department Of Justice,g. Encouraging advocates, Judges of the High Courts and judicial officers to take up hearings from their homes/ residential offices,h. Encouraging all High Courts to take their own decisions to utilise the available options for video conferencing.2. Observance of the requirement of courts conducting open hearings via video conferencing. 3. Use of the latest software patch for automatic posting of cases in CIS 3.2.4. Implementation of Virtual Courts: Apart from virtual courts for e-challans under the Motor Vehicles Act, High Courts may consider use of virtual courts for other summary cases. Any difficulties faced may be brought to the notice of the e-committee, which will enhance the software. 5. Use of lock down time for pending house-keeping activities like migration to CIS 3.2 wherever it is not done so far.6. Any other item with the permission of the Chair.The Chairpersons of the Computer Committees of the High Courts conducted a review of the situation in their states and participated in the meeting chaired by Dr Justice Chandrachud. The following Chairpersons participated in the meeting: Telangana HC : Justice Raghvendra Singh Chauhan, The Chief JusticePatna HC : Justice Sanjay Karol, The Chief JusticeAllahabad HC : Justice Anjani Kumar MishraBombay HC :  Justice N. M. JamdarCalcutta HC :  Justice Sanjib BanerjeeChhattisgarh HC : Justice Manindra Mohan ShrivastavaDelhi HC : Justice Rajiv ShakdherGujarat HC :  Justice Bela M TrivediHimachal Pradesh HC :  Justice Tarlok Singh ChauhanJharkhand HC : Justice Harish Chandra MishraJammu & Kashmir HC :  Justice Rajesh BindalKarnataka HC :  Justice Aravind KumarKerala HC : Justice A. Muhamad MustaqueMadras HC : Justice T S SivagnanamMeghalaya HC : Justice Hamarsan Singh ThangkhiewManipur HC : Justice Kh. Nobin SinghMadhya Pradesh HC : Justice Satish Chandra SharmaOrissa HC : Justice Biswajit MohantyPunjab & Haryana HC : Justice Ajay TewariRajasthan HC : Justice Arun BhansaliSikkim HC :  Justice Bhaskar Raj PradhanTripura HC : Justice S. TalapatraUttarakhand HC : Justice Manoj Kumar Tiwari The Chairpersons shared with the participants the steps taken and the challenges faced in their states. The Chairpersons agreed with the suggestion of Dr Justice Chandrachud, that while taking prompt measures at this time of crisis , the use of technology must be institutionalised even after the lockdown is lifted and normalcy returns. It was agreed that E-filing in such modes as may be practicable may be used during the period of lock down.Dr Justice Chandrachud also informed the participants about an e-filing module which is in an advanced stage of development in the Supreme Court. An e-filing module has been developed for trial courts Justice Chandrachud also suggested that the High Courts may share the utilities which have been developed in their courts for being deployed wherever they are found to be useful. Full use of facilitation centres wherever available, or creating facilitation centres with facilities for e-filing and video conferencing at the entrances of court complexes in porta cabins was suggested. Equipment required or manpower could for the time being be deployed from the existing strength since all courts in a complex are unlikely to be functioning during the lockdown.The Chairperson also highlighted that a software patch has been developed for automatic posting of dates of hearing ofcases in CIS 3.2, with a facility of bulk adjournment of cases during the lockdown and for sending SMSs to litigants and lawyers about the next dates. This may be immediately deployed to obviate visits by litgants and lawyers to the courts during this period. While ideally, judicial officers and advocates should work from their homes, it was left to the high courts to decide to what extent this was feasible. The question of live streaming of proceedings held by video conferencing was also discussed. Based on an assessment of technical issues like availability of sufficient bandwidth and facilities of hosting the proceedings on dedicated servers, it was felt that the recordings should be hosted on court web-sites by the next day. This will ensure that people have access to court proceedings.It was noticed that virtual courts were functioning only in a few states though software has been provided to all states by the NIC team at Pune. The urgent need to start virtual courts, not only for traffic challans but also for promptly dealing with summary violations was emphasized. Dr Justice Chandrachud suggested that that the High Courts may use the unutilised funds from Phase II of the E-courts project for meeting immediate needs while observing financial norms. He assured that demands for funds or software will be promptly processed by the E-committee and submitted to the Department of Justice.Dr. Justice Chandrachud placed on record his appreciation of the efforts undertaken by officials of all courts under the guidance of the Chairpersons of the Computer committees of the High Courts. Chairpersons agreed that they would promptly start working on the lines decided. The meeting concluded with a vote of thanks by the Justice R C Chavan, Vice – Chairperson of the E committee.Next Storylast_img read more

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Decarbonisation key to future of upstream industry in Asia Pacific, says analyst

first_imgIndian NOCs taking different approaches to the energy transitionThe report highlights that in India, NOCs are taking different approaches. It predicts some will “aggressively pursue biodiesel as a green solution”, while others are “still undecided over which new energy investments to bring into portfolios”.Meanwhile, in Southeast Asia, PTTEP and PERTAMINA are also still testing the waters of the energy transition.“It would be interesting to see if these strategic re-thinks have an impact on upstream mergers and acquisitions (M&A) activity,” said Kapoor.“The landscape of buyers and sellers has never been less predictable. 2020 gave us meagre Asia Pacific deal data points to work with, making it near impossible to calculate what barrels are worth to investors in the region.“But that changes in the first half of 2021. We expect the logjam to break and long-anticipated deal announcements to emerge.”By the end of 2021, there should be signs of a refreshed corporate landscape, with fully vested players seeking to grow assets, extracting new value for themselves and other stakeholders, according to the report.But it added that there is a “less palatable alternative” – that the bids coming in are below the value expectations of the incumbents and asset owners choose not to sell.Kapoor said: “While we do expect this to be the case in some transactions, we also believe the Majors must make progress on regional divestments in 2021 to hit wider strategic targets. That should be a powerful deal driver.” GlobalData’s Daniel Rogers said a “strong start to 2021 has resulted in a number of project approvals across EMEA so far” (Credit: Wikimedia Commons/Floydrosebridge) Decarbonisation is “key” to the future of the upstream industry in the Asia Pacific region, according to a report.The analysis by Wood Mackenzie, titled Asia Pacific upstream 2021 outlook report, claims that the topic of carbon has been “rising quickly” to the top of corporate agendas in 2020.The energy researcher said that as decarbonisation and talks of a “green recovery” intensify, operators are “closely examining the carbon content of their assets”.It added that this is particularly important for Asia Pacific, where many sour gas and high carbon dioxide fields sit in portfolios – and on balance sheets – as potential commercial investments.Wood Mackenzie research associate Saloni Kapoor said: “Each company must now chart its course down the yellow brick road to carbon neutrality. It will be fraught with obstacles, particularly in Asia Pacific due to its ever-expanding energy requirements.” Carbon neutrality “hard journey to navigate” for NOCs in upstream industry in Asia PacificFor Asian national oil companies (NOCs), Wood Mackenzie believes this will be an “especially hard journey to navigate”.It added that NOCs must balance the provision of affordable energy for the country, which is their mandate, with generating much-needed revenue, focusing on domestic resource development, including carbon-mitigation schemes, while appeasing private and public stakeholders.As a result, the report notes that NOCs will push governments for incentives to facilitate an energy shift. China’s 14th five-year development plan, to be unveiled in early 2021, will potentially include a roadmap for the world’s largest emitter to achieve net-zero emissions by 2060.Kapoor said: “78% of oil and gas output in this region comes from countries that are more likely to implement some form of carbon policy. These include Australia, China, Indonesia, Malaysia, Philippines, and Vietnam.“While international oil companies’ (IOC) decarbonisation strategies were the talk of the town in the second half of 2020, look out for NOC energy transition plans to be presented through 2021. And, as with the Majors, we will see divergence here too.”PETRONAS and PetroChina are evaluating investment into hydrogen, renewables and carbon sequestration (CCUS) as they start journeys towards net-zero by 2050, according to Wood Mackenzie.It claims CCUS projects will be “crucial” for PETRONAS to continue developing high contaminant gas offshore Sarawak, while urgency has been added by Asian LNG buyers’ push in 2020 for greener LNG cargoes with greater emissions transparency.center_img The analysis by Wood Mackenzie claims that the topic of carbon has been “rising quickly” to the top of corporate agendas in 2020last_img read more

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Australian Navy Cadets Future Leaders

first_img June 2, 2014 Share this article View post tag: Cadets Provisional Training Ship Australia was officially approved by the Chief of Navy, Vice Admiral Ray Griggs, in March. In doing so, he seconded his Strategic Advisor on Islamic Cultural Affairs, Captain Mona Shindy, to be the first member of staff appointed to the provisional training ship.Vice Admiral Griggs was of the view that an Australian Navy Cadets unit based in an area with a high multicultural demographic was an excellent way for Navy to be better engaged with Australia’s broad and diverse cultural communities.At the request of the Chief of Navy, Captain Shindy worked tirelessly to establish the new Australian Navy Cadets unit in Western Sydney.After an initial advertising campaign, which aimed to get school students in the region interested, Provisional Training Ship Australia was set up, co-located with the existing Australian Air Force Cadets Unit, 307 Squadron, at the Defence Multi User Depot in Gormley St, Lidcombe.The new provisional training ship commenced operations with 35 recruit cadets and 5 dedicated staff members, and has quickly become the second largest ANC unit in the greater Sydney region.“After having the opportunity to take part in this wonderful program, I got to develop and strengthen my leadership skills and self esteem,” said Yousef, one of the unit’s inaugural cadet members.“I have also made many new friends and enjoy the activities that we do as a team. I recommend the Australian Navy Cadets to all,” he said.Captain Mona Shindy said she was proud to be part of the initiative.“The new cadet unit highlights the wonderful way in which the Royal Australian Navy gives back to the community, by enriching and enhancing the lives of young Australians,” she said.“Through the Australian Navy Cadets Youth Development Program, teenagers are given great skills for life. I feel privileged to be involved with Provisional Training Ship Australia and am excited for the current and future youth of Western Sydney,” Captain Shindy said.Lieutenant Hassan Shindy, a retired naval officer, is the Commanding Officer of the Unit. Its key mission is to increase understanding of the Royal Australian Navy among diverse elements of the broad Australian community, while offering the youth of Western Sydney some excellent opportunities for growth and development.“I am proud and excited to be involved with this excellent initiative, and delighted to be working with and developing the youth of Western Sydney, while having fun in a safe and positive environment,” Lieutenant Shindy said.In line with Navy’s inclusion, diversity and cultural reform agendas, the new cadet unit will help to improve Navy’s understanding of the many multi-cultural traditions and values that make up Australia’s cultural landscape, and will subsequently improve the operational effectiveness and capability of the Navy, both locally and internationally on missions and diplomatic engagements.Also, through better interaction with a diverse range of Australians, Navy will be well placed to understand any potential barriers to recruitment from what is a continually changing Australian demographic.[mappress]Press Release, June 02, 2014; Image: Australian Navy Australian Navy Cadets Future Leaders View post tag: leaders View post tag: Asia-Pacific Back to overview,Home naval-today Australian Navy Cadets Future Leaders View post tag: Australian The newest Australian Navy Cadets (ANC) unit, Provisional Training Ship Australia, is responsible for bringing the young adults together, under the guidance of the ANC’s Leadership and Development program. View post tag: News by topic View post tag: Naval View post tag: future Authorities View post tag: Navylast_img read more

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Varsity: From Crash to Lash

first_imgThe final day of this year’s Varsity ski trip saw dozens of students strip naked in the snow and perform “outrageous” tasks as they competed to win a free holiday.The Valley Rally competition, sponsored by luxury holiday company Scott Dunn, offered a free 5-star skiing holiday worth £2,000 in Saint Anton, Austria, for the winning team.Teams took part in challenges such as smashing an egg “in the most creative manner possible,” eating buckets of snow and posing for “adventurous” photographs.The winning team, all from St Anne’s College, placed an egg between the buttocks of one team member while another smashed it with a wine bottle. At the end of the challenge the team ate the egg.They also posed for erotic pictures on the slopes whilst naked, covered in pasta sauce and hot chocolate, in front of a crowd of 500 people.Despite attracting criticism from some for their behaviour, the team said they were glad to have won the competition. One team member said, “I think I may have got hypothermia but it was definitely worth it.”Another member of the winning team, said, “I sold my dignity for a free holiday.”The top three teams in the competition were all from Oxford, and the runners up drank each other’s urine. Students were also seen to strip naked to pose for photographs in snow drifts and to simulate sex acts on one another.One Varsity rep described how he believed he had witnessed students “losing their souls” while competing. Another rep, from tour company Off the Piste, said that she had been surprised at the willingness of participants to take their clothes off, especially given the freezing conditions and the presence of photographers.A video of the Valley Rally has since been posted on YouTube, where one girl can be seen with her top off. In another round, where the task was to eat as much snow as possible from a bucket in one minute, a group of Cambridge students requested to be allowed to urinate in the snow before consuming it, “for extra points.”A member of the group told Cherwell, “It was disappointing to make such an effort early on and then not to win. It makes it feel like it was all a bit pointless.”A large number of students originally signed up for the Valley Rally, but a high proportion dropped out when the nature of the competition became clear. The event had been marketed to students on the Varsity 2010 website with the tagline, “Make sure you don’t miss out on this great afternoon on the slopes.”According to a spokeswoman for Scott Dunn, the company choose to sponsor the Valley Rally as they saw Oxbridge students as a “great audience for a high end operator like themselves.” When contacted by Cherwell, Scott Dunn seemed unaware of the nature of the competition, and said they had believed that were sponsoring a “fun ski race.”The week-long trip to Val Thorens, in the French Alps, was also marked by another incident, when one of the coaches travelling from Oxford on the last day of term was involved in a serious collision on the M25. 44 students, mostly from New College and Oriel, were on board the coach when it crashed head-on into a lorry at approximately 2 o’clock in the morning. Treacherous weather conditions had forced the lorry to skid into the opposite lane.Almost all passengers on the coach suffered cuts and bruising, and several were taken to hospital for further treatment. The driver of the coach suffered a broken leg and a broken wrist.The collision occurred at Clacket Lane, near Croydon. Having been evacuated from the coach, the students were marshalled into a service station, where they spent three hours giving statements to the police and being assessed by ambulance crews.The service station’s hotel provided students with rooms, and in the morning they were transferred to a new coach to continue their journey.A number of students expressed their thanks to the coach driver, whose quick braking prevented the accident from being potentially far worse.Travelling to France proved difficult for all the skiers, as coaches and planes left amidst MET Office warnings of extreme weather conditions and “widespread icy roads.” ‘First-lift’ customers, who had paid extra to fly out to France early, were frustrated to be told that they would not be able to board their flights and would instead have to travel by coach.last_img read more

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East Patchogue Man Killed in SUV Crash

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 49-year-old East Patchogue man was killed when he crashed his SUV in Bayport over the weekend.Suffolk County police said Michael Schuierer was driving his Jeep eastbound on the Sunrise Highway Service Road when he lost control of the truck, which overturned and caught fire west of Nicolls Road at 12:15 p.m. Sunday.Two good Samaritans tried to pull the victim from the vehicle, but were overwhelmed by the flames before they could get Schuierer out, police said. The victim was pronounced dead at the scene.Fifth Squad detectives impounded the Jeep, are continuing the investigation and ask anyone with information on this crash to call them at 631-854-8552.last_img read more

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