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New Hampshire Irene victims can apply for SBA assistance

first_imgUS Small Business Administration Administrator Karen G. Mills issued the following statement after the announcement of the Presidential disaster declaration for several counties in New Hampshire that were affected by Tropical Storm Irene beginning on Aug. 26: “The U.S. Small Business Administration is strongly committed to providing the people of New Hampshirewith the most effective and customer-focused response possible to assist homeowners, renters, and businesses with federal disaster loans.  Getting businesses and communities up and running after a disaster is our highest priority at SBA.”The disaster declaration covers the counties of Carroll and Grafton in New Hampshire, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA.  Small businesses and most private non-profit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans: Belknap, Coos, Merrimack, Strafford and Sullivan in New Hampshire ; Oxford and York in Maine ; and Caledonia, Essex, Orange and Windsor in Vermont.Disaster loans up to $200,000 are available to homeowners to repair or replace disaster damaged or destroyed real estate.  Homeowners and renters are eligible up to $40,000 to repair or replace disaster damaged or destroyed personal property.Businesses and private non-profit organizations of any size may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  The SBA may increase a loan up to 20 percent of the total amount of disaster damage to real estate and/or leasehold improvements, as verified by SBA, to make improvements that lessen the risk of property damage by future disasters of the same kind.For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster.  Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.Interest rates are as low as 2.5 percent for homeowners and renters, 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.To be considered for all forms of disaster assistance, call the Federal Emergency Management Agency (FEMA) at 800-621-FEMA (3362), (TTY) 800-462-7585 for the deaf and hard-of-hearing. Additional details on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing)  Monday through Friday from 8 a.m. to 8 p.m., and Saturday and Sunday from 9 a.m. to 5:30 p.m. ET or by sending an email to disastercustomerservice@sba.gov(link sends e-mail).  Those affected by the disaster may also apply for disaster loans electronically from SBA’s website athttps://disasterloan.sba.gov/ela/(link is external).The filing deadline to return applications for physical property damage is November 7, 2011 . The deadline to return economic injury applications is June 7, 2012.For more information about the SBA’s Disaster Loan Program, visit our website at www.sba.gov(link is external) .Contact:  Michael LamptonPhone:  404-331-0333 SOURCE U.S. Small Business Administration WASHINGTON, Sept. 8, 2011 /PRNewswire-USNewswire/ —last_img read more

The Fearsome Five: 15 Years of Horton’s Hellgate

first_imgOne of the Fearsome Five, Jeff Garstecki, poses after the pre-race briefing.In 2013, it snowed, then rained, and never got above 40 degrees. Two years later was the hottest Hellgate to date with a high near 80 degrees. And in 2016, temperatures reached a record low for the race at eight degrees. Runners couldn’t drink their water fast enough and ran for miles between aid stations with useless, frozen hydration packs.“If the weather is particularly challenging, it levels the playing field quite a bit,” says Jerry Turk. “It doesn’t matter if you are a racing snake in your mid twenties, if you have to deal with bitterly cold, freezing conditions and that’s something new to you, then in my mind, I’ve got a little bit of an edge because I’ve seen it before.”That first year in 2003, runners ran on two feet of snow under a perfectly full moon. The visibility was so clear, most of the racers went without headlamps. Two years later, in 2005, the ice was so bad runners could hardly find traction on the parking lot, let alone the trails. Garstecki, who fell more times than he could count, bonked, became hypothermic, and nearly dropped at Bearwallow Gap over two-thirds of the way through the course.“I remember it was freezing out, right, but I felt so hot, so I was taking off my clothes. My plan was that I was going to lay down in the snow until the next runner came behind me. I didn’t lay down, I kept walking, waiting for that next runner, but nobody reached me before I got to the next aid station. I spent 45 minutes to an hour just getting warm by the fire. My legs were so bloody from the ice scratching my legs. I managed to finish, and I got the best blood award that year.” Actually, it’s just the Fearsome Four at the moment. Ryan Henry from Carlisle, Penn., “is a dear friend of mine,” says Horton, “but he’s late for everything.” The others are folded into the crowd of runners, and he calls each one out in classic Horton fashion.Jerry Turk from Guilford, Conn., but originally the south of England, is “the Yankee.” Darin Dunham of Huntsville, Ala., will be “the first of the Five to drop out” from the streak. Aaron Schwartzbard from Washington, D.C., “runs either here or here,” says Horton, holding one hand high above his head and the other stretched low toward his feet—Schwartzbard won Hellgate back in 2007 with a time of 11:28:13, but he’s also had years when the course took him well over 15 hours. “Maybe it’s those sideburns.”“That’s not usually the kinda thing that comes up in most pre-race briefings,” Schwartzbard tells me later. “There are people who are highly turned off by the David Horton Show, because he does tend to say things that are not necessarily polite. With anything he says, it’s not entirely serious, but it’s not entirely joking either, and there’s something to be said for that level of honesty. We live in this Instagram Facebook culture where everyone’s like, ‘Go get ‘em! You’re great!’ and Horton’s not afraid to call it like it is.”The final of the Five, Jeff Garstecki from Columbia, Md., somehow eludes Horton’s banter. He and his wife Tammie are lingering near the back of the room when Horton dismisses the runners. It’s Tammie’s first Hellgate, and I can almost feel the anxious excitement emanating from her.“We’re going to try to squeeze in a nap, but I don’t know how much sleep I’ll actually get,” she says.Jeff, on the other hand, exudes a levelheaded ease about him, which surprises me when I learn of his injury.“I have three degenerative discs in my back,” he says. “If the race had been last weekend, I wouldn’t have been able to run. I couldn’t even walk to the bathroom at Thanksgiving.”After 14 years of running Hellgate, Garstecki and the other Fearsome Five know better than anyone how different the race can feel from one year to the next. Out there, everyone faces his own demons, be they changes in physical fitness, recent injuries and illnesses, or life stressors. But it’s that, combined with unpredictable weather, which can really make or break the race. More than the elements and the strenuous physical output, Hellgate has been a mental game for Schwartzbard. He nearly won the race in 2003, back when nobody knew the course and certainly nobody knew him. A marathoner at heart, Schwartzbard was surprised to find himself alone and in the lead for 45 miles. He nearly started congratulating himself on his performance when another runner sailed past and pushed him into second.“I really had it in my mind that I just might make it. I had my eyes on the winner’s jacket, and then at the end to be passed like that, even now when I get to where I was passed that first year, I have this dark feeling like there’s some sort of haunting there. It was such a deflating moment that hung over me for awhile.”In 2004, Schwartzbard again placed second. A year later, he slid to eighth. By then, he had given up hope of ever winning Hellgate. In 2006, he ran his slowest time to date at 16:10:51. But in 2007, when he showed up to register the Friday night before his fifth running of Hellgate, he was surprised to see Horton had seeded him number one.“That was a little bit awkward. The guy who had won Hellgate the year before was number two, and usually you always seed the previous winner as number one. Horton is not hung up on etiquette, though. That fall I was in really great marathon shape, but that’s very different from being in trail shape. Still, he realized I had more fitness than I recognized in myself.”Sure enough, like some self-fulfilling prophecy, Schwartzbard won that year, thereby lifting the heavy cloud that had been hanging over him since 2003.[nextpage title=”NEXT PAGE”]It’s 10p.m. now, and though a few of the runners are sitting around the room making small talk with their crews, most are trying to catch some shut-eye. Outside, rows of red taillights idle in the night. Exhaust clouds the parking lot as runners crank the heat and stuff themselves under steering wheels for a few fitful minutes of sleep.It’s a crisp 22 degrees and snow is in the forecast. The park service has closed access to the Blue Ridge Parkway. Crews and volunteers are scrambling to adjust the affected aid stations and support. David Horton is sitting by the fireplace, figuring out the final details of drop bag and firewood deliveries. Despite the last-minute change in plans, Horton is practically spilling over with excitement, his mouth twitching with a mischievous glee.“It’s like Christmas, this race to me,” he says. “The build up, the build up, then the weekend and YES IT’S UNREAL. But then boom. It’s over. It’s depressing after it’s over. It’s depressing after Christmas is over.”It’s obvious Hellgate is Horton’s favorite child. He flat out tells me so, but I can see it in his eyes and hear it in his voice, the way he dotes on his dedicated volunteers, the runners who pour heart and soul into the race, even the Camp Bethel setting which makes the whole event feel like part summer camp, part family reunion.Horton is first and foremost a champion of hard work. He knows the fulfillment of giving something your all and succeeding. He also understands the complexities that emerge when you give 100% to any endeavor and still fall short. In 2008, Horton had to abandon his speed record attempt on the Continental Divide Trail after a brutal first day. A year later, on day six of his supported speed record attempt of the Colorado Trail, Horton ran four miles off course and started to experience severe swelling of his appendages. He knew he had to call it quits.Though he’s since had to switch from running to cycling due to residual knee problems, Horton still regards races, and more generally life-in-motion, not as yardsticks for any sort of physical prowess but as reminders in our ability to persevere in life, no matter the physical, mental, or spiritual obstacles that may befall us.“This is our race. We’re in this together. I ran my first marathon three weeks before I got my doctorate. Which do you think mattered more?”From left to right: Jerry Turk, Darin Dunham, Aaron Schwartzbard, David Horton, Jeff Garstecki, and Ryan Henry.At 10:50p.m. on the dot, a train of vehicles pulls out of the parking lot at Camp Bethel. When the entourage arrives 45 minutes later at the Hellgate Trailhead, the northern terminus of the Glenwood Horse Trail, there’s a flurry of activity as racers make last-minute adjustments to their packs and shed their warm jackets once and for all.As the clock ticks ever closer to 12:01a.m., they reluctantly leave the warm cars behind and head to the starting line. The air quivers with adrenaline. After the singing of the National Anthem, Horton begins the countdown.“Five minutes until 12:01!” he hollers through his megaphone. “One minute…and five…four…three…two…one…go!”Headlamps stream through the blackness beyond. The racers howl into the night, like wolves on a hunt. Soon, the only sounds are that of Hokas and Altras and Salomons shuffling through the leaves.“It’s game time,” says Horton. “Let’s roll.”Horton climbs into the passenger seat of a beige FJ Cruiser, which promptly takes off down the road. I follow behind, occasionally catching glimpses of the runners’ headlights bouncing through the trees. Throughout the night, we drive up steep and narrow gravel roads from aid station to aid station, stopping for just a few minutes to check in and cheer on the head of the pack.Around 2a.m., it starts to flurry. Driving in the dark with the wind whipping snow, I lose all sense of direction. My eyes struggle to focus. Up until the start, I had been riding on the runners’ high, but the sleepless night starts to wear on me. I try to shake it off. I’m not running 66.6 miles, after all.It’s still dark out when we pull into aid station five, Jennings Creek, the breakfast aid station. The location is just a few miles short of the halfway point on the course and marks a milestone for most runners as the beginning of daylight. It’s only 4:30 in the morning now, but the place is alive with life. Christmas music blasts from a speaker. Someone dressed in a reindeer suit tends to a roaring fire. Decorative lights line the final runway into the aid station, beckoning runners from the depth of night.Before long, the first runners stumble in looking a little shell-shocked, a little tired, but no worse for the wear. They dig through their drop bags, refuel, and are back on the trail in a matter of minutes. And so are we. By 5a.m., the snow is falling in heavy, fat flakes and accumulating fast. Horton adds some streamers at a road crossing where the snow has covered the trail and we zip up to one last aid station before heading to Bearwallow Gap. Dawn is just beginning to break when we arrive at the parking lot. Horton quickly lays out the drop bags and helps assemble the aid station.Just after 7:30a.m, we see the first runner emerge from the woods. It’s Matt Thompson, a runner with Crozet Running. Horton hustles over to him and hands him a Coke. Thompson takes a couple of sips and starts to close the bottle, but Horton interjects.“Drink the whole thing. You need it.”Horton (left) readies the aid station at Bearwallow Gap just before dawn. / Jess DaddioThere’s frozen blood smeared under Thompson’s left eye, but he hardly seems to notice. He doesn’t linger long, and soon, he’s climbing up past the aid station, head down, pushing into the wind and snow.Over the next four hours, we continue to greet and cheer and feed runners as they wearily materialize from the notoriously treacherous section Sophie Speidel, a 10-time Hellgate finisher herself, christened “The Devil Trail.”“It’s almost like Russian roulette out there,” Jerry Turk told me before the race. “You have no idea what’s beneath those leaves because the layer of leaves is quite thick. You’re just running along hoping and praying you’ll be able to react quick enough and not fall flat on your face.”[nextpage title=”NEXT PAGE”]Aaron Schwartzbard is the first of the Fearsome Five to reach the aid station. He’s in a surprisingly cheery mood given the current course conditions. It’s no longer snowing, but the wet snow is deceptive and makes the leaves slicker instead of adding traction.“Well look who it is!” says Horton upon seeing Schwartzbard. “You’re doing alright. It must be those sideburns!”“You wanna stroke them for good luck?” says Schwartzbard.Schwartzbard in good spirits on the final stretch of The Devil Trail.Schwartzbard takes his time socializing, filling his hydration pack, and crushing a few pierogies. The cold eventually starts to take its toll, and he grabs a pierogi for the trail and hikes it out of the gap.We stick around long enough to see Sarah Schubert come into the aid station. She’s still in the top five women and moving strong, but the leader Hannah Bright is a good 20 minutes ahead.Sarah Schubert, over seven hours in. / Jess Daddio“This year was hard for me,” she tells me after the race. “I had just run a 100-miler a month before and Horton knew that. My legs and body weren’t quite ready and he recognized that, but he wasn’t demeaning about it. He was like, ‘You found your limit. You can run this race, sure, but if you want to race and do as well as you know you can do, that’s too short of a turnaround.’”Camp Bethel is quiet when we return. It’s close to 11a.m., and Matt Thompson is expected any minute. His family waits in the room where, just 14 hours earlier, the entire starting field of 140 runners had been seated at the pre-race briefing.In the back of the room, volunteers organize a spread of snacks and beverages. Multiple pots of coffee are at the ready. Another volunteer is seated at a table with a radio in hand, coordinating pick-ups for runners who dropped out or didn’t make the time cutoffs.Horton bursts into the room, still brimming with enthusiasm despite going full-steam for over 24 hours without any sleep (or coffee, for that matter). He’s just been to where the trail pops out onto the road, the final stretch, and says Thompson is 10 minutes away.Overall winner (and best blood award winner) Matt Thompson at the finish line. / Jess DaddioThere won’t be any records broken on this 15th running of Hellgate 100K, but when Thompson, accompanied by his sons, finally drags himself across the finish line with a time of 11:22:09, Horton is beaming with pride. He wraps Thompson in a warm embrace, the kind of hug that a father might give one of his own on graduation or wedding day.“Everyone knows they’ve done something when they finish this race, every finisher, every year,” says Horton. “They can’t take it for granted that they’re going to finish. You have to earn it every time.”For the next seven hours, Horton greets every single runner at the finish line. After nearly 17 hours of running through the night and day, and into the night again, Darin Dunham is the final of the Fearsome Five to arrive at Camp Bethel. It’s his fastest time in seven years he tells me, and at just under 17 hours, his time qualifies for the Western States lottery. Like Darin, Aaron, Jerry, and Ryan all have relatively uneventful runs for their 15th Hellgate. But Jeff Garstecki felt every mile at the end.“Personally, I think it was one of the harder years, definitely in the top three or four as far as toughest conditions go,” Garstecki tells me a week later. “The Forever Section was when I started feeling bad and I just never came out of it. We’ve all had that. But as bad as I felt throughout this race, there was no thought of stopping or quitting. The streak keeps me going.”And so, the streak lives on, even if “it’s really just an accident that I keep signing up,” according to Ryan Henry. How long will it last?“25 sounds like a nice number,” says Dunham. “And if there are five of us in 10 years, that’ll be awesome, but at the same time, if one of us doesn’t finish, I won’t shed a tear.”center_img David Horton is begrudgingly beloved. He wouldn’t have it any other way.The 67-year-old ultrarunner-turned-race-director is the mad scientist behind some of the ultrarunning community’s most reputable races, the Mountain Masochist 50 Miler (which he no longer directs), Holiday Lake 50K, Promise Land 50K, and Hellgate 100K. Over the course of his three-decade-plus ultrarunning career, Horton has logged a dizzying number of achievements—over 160 ultras, speed records on the Appalachian Trail (1991) and the Pacific Crest Trail (2005), and the third-fastest time of the Trans-America Footrace (1995), just to name a few.By all appearances, Horton is a glutton for punishment. Even open heart surgery and a total knee replacement hardly slowed him down. Runners aren’t sure whether to admire the man or fear him. Or both.It’s no wonder then, that adversity is part and parcel of his ultras. Impeccably organized yet relentlessly brutal, Horton’s races are relics of a bygone era, a time when race applications arrived by post and grit, not glory, made a runner great. There is still no online registration for Hellgate 100K, and should a runner DNF or fail to run her best, she should expect shame, not sympathy, from David Horton.It’s nearing 9p.m. on Friday, December 8, 2017. Nearly 200 runners, crew members, and volunteers are crowded into a room at Camp Bethel in Fincastle, Va. In just two hours, the entire room will caravan to the start line of the 15th annual Hellgate 100K. Horton is midway through his pre-race briefing when someone asks about the course records. He turns to Sarah Schubert, the 2016 women’s winner.“Prove me wrong. I don’t think you’ll beat the record. Even if someone beats you, I don’t think they’ll beat the record. Amy Sproston is a better runner than you.”There’s a split second of uncomfortable silence. I’m tucked in a corner behind Horton with some of his students from Liberty University. Stunned, I wait for the “just kidding” or the punch line that will break the ice. But it doesn’t come.“He likes to be inflammatory,” Schubert tells me a week later. “If people want to do well in Horton’s races, it takes a different type of person. You certainly don’t want to come to his races expecting to be coddled, either by him or the course.”Horton continues to dole out tongue-in-cheek jabs that teeter between playful and crass. No one is spared. The assistant to medical director Dr. George Wortley is “a good woman, but a little strange.” George Plomarity, the Patagonia representative, “weenied out, wussed out,” and DNFed at his first Hellgate. Even I find myself at the root of some ridicule. “Daddio? That’s a terrible last name. Are you married yet? Well good, that means you can still change it.”When it comes to Hellgate though, Horton’s ruthless candor is the least of the runners’ problems. There’s plenty to dread about this one-of-a-kind point-to-point ultra: the 12:01a.m. start at an unpredictable time of year, leaf-covered technical trail, the real threat of frozen cornea (dubbed “Hellgate Eyes”) and sleep-deprived hallucinations, 12,000 feet of climbing, and those nasty “Horton miles” that turn this 100K into a befitting 66.6 miles instead of the standard 62. Just crossing the finish line at Hellgate is a commendable feat. Many runners race Hellgate once and never return. But sitting in that room at Camp Bethel are five runners who have shown up every year since 2003, in respect of but not unfazed by Horton or Hellgate. They are the Fearsome Five.[nextpage title=”NEXT PAGE”]last_img read more

Lending Perspectives: Making loans and providing sound financial advice aren’t mutually exclusive

first_imgA top strategic initiative for credit unions is to improve the quality and volume of member financial education they offer. As a movement we can only read so many headlines like “the average American doesn’t have $1,000 in emergency savings” before we decide to get serious about helping members make better financial decisions—and save more.While we are teaching members to save and make better financial decisions, many of us are also trying to serve more members by making more B-, C- and D-paper loans that carry higher rates of return for our credit unions.Do these two goals ever clash? They certainly can, and likely will, unless you’re committed to making loans that make sense for both the borrower and the credit union—what I like to think of as “responsible lending.”I was actively collecting loans at a nationwide consumer finance company every day for the first five years of my career, so I’ve heard all of the excuses why people can’t pay their bills. The root causes are excessive debts and/or the lack of an emergency savings account. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

DTZ reports 15% profit rise

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Don’t like the job creation bill? Tell it to the House, not Jokowi, says minister

first_imgCoordinating Economic Minister Airlangga Hartarto has asked protesters to direct their criticism of the controversial omnibus bill on job creation toward the House of Representatives rather than President Joko “Jokowi” Widodo’s administration.“The House’s task is to deliberate the bill and to have public participation, which will be held during the legislative hearing. Please, go to the House for any [revisions],” Airlangga said during an interview with The Jakarta Post on Monday.Airlangga said that almost all bills that went through the House were subject to changes, adding that the government hoped to accommodate public opinion.“There are always multiple interpretations during a bill’s deliberation. The most important thing is to find common ground.”The Jokowi administration submitted the highly anticipated draft to the House for deliberation on Feb. 12 after several postponements. It said it expected the House to pass the bill into law within 100 working days as the government strives to attract more investment to help boost the country’s sluggish economic growth.Indonesia’s economy grew 5.02 percent last year, lower than the 5.17 percent growth of 2018, as investment and exports cooled. Investment – the second-largest contributor to gross domestic product (GDP) growth – expanded 4.45 percent last year, lower than the 6.67 percent growth in 2018.Topics :last_img read more

People moves: Standard Life Aberdeen scraps co-CEO model [updated]

first_imgGilbert will move to become vice-chairman of Standard Life Aberdeen and chairman of Aberdeen Standard Investments, while retaining his seat on the company’s board as an executive director.“In this role, Martin will be able to focus solely on our strategic relationships with key clients, winning new business and realising the potential from our global network and product capabilities,” the company said.Gilbert and Skeoch have shared the chief executive role since the 2017 merger of Aberdeen and Standard Life . Meanwhile, chief financial officer Bill Rattray is to retire from the board on 31 May. He was first appointed finance director at Aberdeen in 1991 and has worked at the group for 34 years. He will be replaced as CFO by Stephanie Bruce, subject to regulatory and shareholder approval. She is currently a partner at PwC.Richard Mully is also to retire from the board after the next annual general meeting in May. He has worked for Aberdeen since 2012 as a director.ABP – The Netherlands’ biggest pension scheme has appointed industry veteran Loek Sibbing to its board with immediate effect, representing employers. He fills the vacancy left by Erik van Houwelingen, who left for Dimensional Fund Advisors in August.Between 2010 and 2014, Sibbing was chief executive of Univest Company, the asset manager for Unilever’s 80 international pension funds. Prior to this, he was CEO of Unilever’s Dutch defined benefit scheme Progress, and has also led the pension funds of construction company Volker Wessels and temporary employment firm Randstad.In 2014, he became chief executive of the Dutch Investment Institution (NLII), tasked with developing investment opportunities in the real economy on behalf of the 10 largest Dutch institutional investors. Sibbing has also been chairman of the Dutch industry organisation for company pension funds (OPF), which later merged into the Pensions Federation, and has served on the board of European lobbying organisation PensionsEurope.Separately, the €399bn civil service scheme has also appointed Krista Nauta to its board, also as an employer representative. She joins from the €215bn asset manager and pensions provider PGGM, where she was a senior policy adviser and strategic product manager since 2013. Nauta succeeds Joop van Lunteren who left on 1 March.Aviva Investors – The €388bn investment house has hired Paul LaCoursiere as global head of ESG research, a newly created role. He will be responsible for the group’s ESG research process as well as the integration and monitoring of ESG criteria within equities and credit. He will jointly lead the research team with Mirza Baig, global head of governance, who is responsible for ESG integration across Aviva Investors’ multi-asset and real assets units.LaCoursiere was previously Aviva Investors’ global head of corporate research, having rejoined the firm in 2014 following a year running fixed income at Chicago Equity Partners. He was a fixed income portfolio manager at Aviva Investors between 2010 and 2013.Meanwhile, Oliver Judd and Kevin Gaydos have been named co-heads of credit research. Judd is based in London and has worked for Aviva Investors since 2006, while Gaydos is based in Chicago and joined the company in 2008.BMO Global Asset Management – The $260bn (€230bn) investment house has made a trio of hires to its responsible investment team. Nina Roth joins from German development agency GIZ as a director, having previously worked at Deutsche Bank and UBS. Alan Fitzpatrick joins as a product specialist from Hermes EOS, while Derek Ip joins as an ESG analyst having previously worked at groups including Trucost, the Climate Bonds Initiative, and RESET Carbon. Nikko Asset Management – Takumi Shibata has decided to step down as president and CEO of the $201.8bn Japanese asset manager, effective 1 April. He has worked at the company since 2013 and was appointed CEO in 2014.Hideo Abe and Junichi Sayato will be appointed as co-CEOs, the company announced. Abe will also hold the title of president and Sayato the title of chairman.Cardano Group – Darren Redmayne has been appointed to the Anglo-Dutch investor’s management board. He is CEO of Lincoln Pensions, a covenant advisory specialist firm that he founded in 2008 and that was acquired by Cardano in 2016. Prior to founding Lincoln Pensions, Redmayne spent 10 years at Close Brothers, and was seconded to help set up the UK’s Pensions Regulator.Last month Cardano announced it had agreed to acquire auto-enrolment master trust NOW: Pensions from Denmark’s ATP for an undisclosed sum.MJ Hudson Allenbridge – The UK consultancy group has appointed Norbert Fullerton as a senior adviser. He joins from Mercer where he was a partner in the company’s wealth consulting and solutions business. He also advised on strategy for defined benefit pension scheme clients. Fullerton also previously worked at Russell Investments and Willis Towers Watson.MSCI – Lee Phillips has joined the index provider as head of EMEA fixed income and country head for the UK and Ireland. He joins from FTSE Russell where he was a managing director in global strategic account management. He previously held senior index sales roles at Barclays and Lehman Brothers.Danica Pension – Heidi Verup has been appointed as the new director for private clients at the DKK566bn (€76bn) pensions provider and subsidiary of Danske Bank. She replaced Britta Bjerregaard who worked at the Danish pension fund for just over a year. Verup previously worked at the Danish financial group Alm Brand from April 2017 as a partner and director, where she managed a team of 10 people. In her new role with Danica she will be managing a team of 120.Invesco – Charles Moussier has joined the $945.7bn asset manager as head of insurance investment solutions for the EMEA region, tasked with developing Invesco’s insurance business.He was previously executive director for the investment banking division of Natixis, responsible for developing the company’s financial institutions advisory business. He has worked for AXA Group as deputy head of global investment solutions, and has held senior roles at Crédit Agricole and AXA RE.MUFG Investor Services – Mitsubishi UFJ Financial Group’s asset servicing arm has appointed Bruno Bagnouls as managing director and head of private equity and real assets in Luxembourg. He joins from TMF Group where he was group head of private equity and real estate. He has over 20 years of experience with fund and corporate services providers.Legal & General Investment Management (LGIM) – Claire Aley has joined as head of product and investments business management. She was previously head of product strategy and development at Hermes Investment Management, and has held senior roles at Highclere International Investors, Next Financial and Mason Stevens.In her new role, Aley will be responsible for oversight of LGIM’s global product strategy, development and management functions as well as business management for the investment teams.Hymans Robertson – Catherine McFadyen has been promoted to head of actuarial, benefits and governance for UK local government pension schemes at the consultancy. She has been with Hymans Robertson since 2003, and is a partner in the firm.Nomura Asset Management – The UK arm of Nomura has hired Anne Dillé-Weibel as business development director and Leigh Fisher as business development manager as it looks to strenghten its EMEA distribution. Dillé-Weibel joins from BNP Paribas Asset Management where she was head of alternative sales, while Fisher joins from Investec Bank where she was a senior sales manager. Intervalor – Thomas Bolvig  has been taken on by Nordic asset management marketing company Intervalor as client executive. Bolvig will be based in Copenhagen as the company attempts to increase its presence in Denmark through senior-level recruitment. Bolvig comes to Intervalor from Danske Capital, where he was head of business development for Benelux. Prior to this, he worked for Danish financial services company Nykredit and Swedish banking group SEB. Standard Life Aberdeen, ABP, Aviva Investors, BMO GAM, Nikko AM, Cardano, MJ Hudson Allenbridge, MSCI, Danica, Invesco, MUFG, LGIM, Hymans Robertson, Nomura, Intervalor Standard Life Aberdeen – Martin Gilbert (right), co-founder of Aberdeen Asset Management, has stepped down from his position as co-CEO of Standard Life Aberdeen. Keith Skeoch is now the sole CEO of the £551bn (€643.6bn) investment services giant.The “dissolution” of the co-CEO structure was “designed to strengthen our client focus, simplify reporting lines and put in place a structure which will facilitate robust execution of the next stages of our transition and transformation programmes”, the company said in a statement.last_img read more

Manasota Key Beach Renourishment Project Moves Forward

first_imgCharlotte County and Sarasota County have just released latest update on the Manasota Key Beach Renourishment project.According to the update, the contractor is fully mobilized and as of April 1, 2020 Great Lakes Dredge & Dock Corporation (GLDD) has placed 569,616 cubic yards of sand along approximately 2.5 miles of Charlotte County’s shoreline.The officials also announced that GLDD has completed the placement of the beach fill in Charlotte County and is now placing sand near 6840 Manasota Key Road in Sarasota County.They added that over the next two weeks the resident will see Great Lakes performing the following tasks: – Removal of the shore pipe -Smooth Grading the sand – Tilling the sand in preparation of Sea Turtle Nesting Season.last_img read more

Daniel Kuebler: IVF, Designer Babies, and Commodifying Human Life

first_imgPublic Discourse 7 April 2016Earlier this year, when the UK Human Fertilization and Embryology Authority gave the green light to genetic modification experiments using excess human embryos from IVF procedures, it generated little popular backlash. Maybe this should not be surprising given that it followed on the coattails of widespread acceptance for using excess IVF embryos to produce embryonic stem cell lines. In fact, given that these unused embryos would probably be discarded, the decision to use them for genetic research was heralded as a triumph of common sense in some parts.Yet human genetic modification seems a bit more Frankensteinian than embryonic stem cell research, so to head off any sci-fi-fueled concerns, the UK Authority did put some significant restrictions in place regarding this type of research. As a result, research involving the genetic modification of embryos can only be approved if the embryos (1) are not allowed to develop in culture more than seven days and (2) are not implanted into a woman’s uterus.These stipulations currently prevent the genetic alteration of humans for clinical purposes in the United Kingdom, which is consistent with the thinking of National Institutes of Health Director Francis Collins, who has referred to such modifications “as a line that should not be crossed.” But the question remains: How solid is that line? If viewed from the perspective of the scientific community, the answer turns out to be “Not very.”In discussing why we should not pursue the genetic modification of human embryos in the clinic, Dr. Collins mentions a number of concerns. These “include the serious and unquantifiable safety issues, ethical issues presented by altering the germline in a way that affects the next generation without their consent, and a current lack of compelling medical applications.”But the type of research approved in the United Kingdom is designed to eventually address the safety and medical concerns associated with applying this technique to clinical use. In fact, Chinese researchers have already been pursuing the genetic modification of human embryos using the powerful new DNA modification technique called CRISPR/Cas9-mediated editing. This type of editing, which the UK researchers also plan on implementing, has been used to successfully genetically modify a variety of organisms, but not much is known regarding its ability to successfully edit DNA in human embryos.To address this, the Chinese research group set about quantifying the safety and efficacy of using the technique in human embryos. They found that it had a low efficiency in human embryos while causing a significant number of aberrant—often referred to as off-target—DNA modifications. These off-target modifications represent the type of safety issues many scientists are concerned about, but the Chinese group makes no bones about where their research is headed: “Our work highlights the pressing need to further improve the fidelity and specificity of the CRISPR/Cas9 platform, a prerequisite for any clinical applications of CRISPR/Cas9-mediated editing.”In fact, as more research on human embryos is performed, the more efficient the technique will become and the fewer the off-target modifications. What then? As far as finding a compelling medical application for this technique, the UK researchers argue that it may help in developing treatments for infertility. Likewise, a host of genetic disorders are triggered by the inheritance of a single aberrant gene. If you could efficiently swap out the defective gene using this technology, clearly a compelling medical application would exist.When we reach this point (and given the desire to fund this type of basic research on human embryos, this is a “when,” not an “if”), the only thing holding back its widespread use would be ethical considerations. Unfortunately, in a society already dominated by a utilitarian ethic that views human life as a commodity to be had, manipulated, bought, and discarded, serious ethical concerns will certainly get short shrift.It seems only fitting that the UK research group advocating the genetic modification of human embryos is studying infertility, because it is infertility treatments that have gotten us into this situation in the first place. Without the widespread practice of IVF, an extremely inefficient and wasteful process (at least from the perspective of the human embryos involved), the push for research into the genetic modification of human embryos would have had a difficult time getting off the ground. In fact, IVF treatments—which produce a huge excess of human embryos—have not only created the material for this research, but have also facilitated the creation of a mindset that views human life as a commodity to be manipulated.While not downplaying the emotional difficulties associated with infertility or questioning the intrinsic human dignity of those created via the IVF process, it is important to be honest regarding the myriad problems the IVF “solution” has created. The process itself involves the production of excess numbers of human embryos, only a small fraction of which will ever be implanted into a uterus. These excess embryos have been the subject of litigation between parents, between oocyte donors and IVF clinics, and between sperm donors and biological mothers.But the issues don’t stop there. Couples have sued because of sperm mix-ups that have led to biracial babies. Surrogate mothers carrying IVF embryos have been involved in litigation regarding everything from custody, to demands for selective abortions, to compensation issues. The entire IVF practice has facilitated a mindset of seeing babies as commodities to be acquired, contracted for, litigated, and purchased through whatever means necessary. They become commodities to be tailored to the desires of the parents either through selective reduction of multiples, through choosing the appropriate characteristics of the sperm donor, or through pre-implantation genetic diagnosis, which can be used to screen for everything from disease susceptibility to the gender of the child.Viewed in this manner, the leftover embryos become just one more commodity to be manipulated. Since most of the excess embryos will be discarded in some manner, the idea of donating them to research seems to many to be a humane practice. In fact, a majority of Americans support this practice. It is the presence of excess embryos that has fueled research on embryonic stem cells, and it now appears that it will fuel research into the genetic modification of humans.The UK research has been approved only on leftover IVF embryos, and it is debatable whether it would have been approved if researchers had to create embryos specifically for their experiments. In general, the public is much less supportive of this idea.But now that this research is moving forward, thanks in large part to the presence of the IVF industry, we are one step closer to designer babies that are produced, bought, and sold for profit. We are one step closer to all the litigation, foreseen and unforeseen, that this process will involve. We are one step closer to creating a new level of global inequality between the genetic haves and have-nots.Many researchers who support genetic modification argue that we might as well pursue this research given the logistical limitations of enforcing a global ban. If it is banned in respectable society, it will just move underground, they argue. While a ban on such research would certainly not stop rogue IVF clinics and countries with minimal research oversight from pursuing it, a ban by a global science powerhouse such as the United Kingdom would send a strong signal stigmatizing this research—and it should be stigmatized, given its ability to irrevocably alter the genetic code of our species in ways no one can predict.Not surprisingly, many researchers continue to downplay such concerns about human germline modification, pointing to the current UK ban on implanting genetically modified embryos into a uterus. Most of these researchers, however, do not advocate a permanent ban—only a temporary moratorium. We should be realistic and acknowledge that this is exactly where this research is headed. The ban will only remain in place for as long as the technique remains unrefined.Allowing germline modification research to occur in UK labs will facilitate the refinement of this technique to the point that researchers and IVF specialists will argue that it is safe enough to try on humans. When experts deem it safe, public perception will surely begin to change; the right to have a baby of one’s choosing, through genetic modification or otherwise, is already ingrained—thanks to IVF—in our collective psyche. By then it may be too late to stop the mainstreaming of human germline modifications and the production of designer babies. At that point, we will be forced to deal with all of the ethical and legal issues the genetic modifications of humans entails—issues that will make those associated with IVF look trivial by comparison.Keep up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

Living alone ‘are more depressed’

first_img Share 9 Views   no discussions HealthLifestyle Living alone ‘are more depressed’ by: – March 23, 2012 Share Sharecenter_img Sharing is caring! Tweet Loneliness could be a factor in mental health problems, even in working-age peoplePeople of working age who live alone increase their risk of depression by up to 80% compared with people living in families, says a Finnish study.It says the main factors are poor housing conditions for women and a lack of social support for men, who are both equally affected.The study tracked the use of anti-depressants in 3,500 Finnish people.A mental health charity said people who lived alone must be given outlets to talk about their problems.The study authors highlight the fact that the proportion of one-person households in Western countries has increased during the past three decades, with one in every three people in the US and the UK living alone.The participants in the study, published in BioMed Central’s public health journal, were working-age Finns; 1,695 were men and 1,776 were women, and they had an average age of 44.6 years.They were surveyed in 2000 and asked whether they lived alone or with other people.Other information about their lifestyle was gathered, such as social support, work climate, education, income, employment status and housing conditions, in addition to details on smoking habits, alcohol use and activity levels.Researchers found that people living alone bought 80% more anti-depressants during the follow-up period, between 2000 and 2008, than those who did not live alone.Dr Laura Pulkki-Raback, who led the research at the Finnish Institute of Occupational Health, said the real risk of mental health problems in people living alone could be much higher.“This kind of study usually underestimates risk because the people who are at the most risk tend to be the people who are least likely to complete the follow up. We were also not able to judge how common untreated depression was.” IsolationResearchers said that living with other people could offer emotional support and feelings of social integration, as well as other factors that protect against mental health problems.Living alone, the study said, could be linked with feelings of isolation and a lack of social integration and trust, which are risk factors for mental health.The study said all the factors involved needed to be addressed in order to understand and reduce depression in working-age people.Beth Murphy, head of information at mental health charity Mind, said the rise in the number of people living alone had had a clear impact on the nation’s mental health. “Loneliness and isolation results in people having fewer outlets to talk about how they are feeling, which is something that we know can really help to manage and recover from a mental health problem.“It is therefore essential that people who live alone are given the most appropriate treatment such as talking therapies, which provide safe, supportive environments to discuss and work through problems, rather than simply being left to rely solely on antidepressants.”BBC Newslast_img read more

French football president tells chairmen to shut up

first_imgFrench Football Federation (FFF) president Noel le Graet on Sunday said a call by Lyon president Jean-Michel Aulas to annul the season was “ridiculous, stupid, clumsy and inappropriate.” French Football Federation President Noel Le Graet (left) is not happy Lyon president Jean-Michel Aulas (right) He also told Aulas and other club officials to stop bickering during the coronavirus epidemic which has forced the cancellation of all the competitions French clubs are in. On Friday, Aulas told Le Monde newspaper: “The most logical thing would be to say: we’ll cancel everything and go back to the situation at the start of the season.” On Saturday, he tweeted that “Karren Brady, vice-chairman of West Ham, foresees that the Premier League will be cancelled.” Le Graet joined the chorus of opposition on Sunday on French television. “I don’t want any controversy. It’s the French Football Federation that will decide if it continues or not, the only enemy today is the virus,” he said. In his Le Monde interview, Aulas, a member of the FFF executive committee, called for a “blank season”, with no title at the end. Lyon’s great rivals Paris Saint-Germain are on course for another title. They are 12 points ahead of second-placed Marseille. There would be no relegation, said Aulas, who represents Ligue 1 clubs on the French league (LFP) committee, to prevent “those at the bottom of the table” taking legal action. Aulas also said the Champions League places should be “allocated to the same clubs as last season”. After finishing third last season, Lyon are struggling in seventh place, 10 points off a Champions League place. Marseille president Jacques-Henri Eyraud responded in a column for the Journal du Dimanche condemning “the obscenity (of an) opportunistic proposal” and “the selfishness of someone whose only compass is his participation in the Champions League”. Le Graet said the FFF executive committee would decide. Loading… Promoted ContentInsane 3D Spraying Skills Turn In Incredible Street ArtIs Cristiano Ronaldo Converting His Hotels To Hospitals?Best & Worst Celebrity Endorsed Games Ever Made12 Stars You Would Never Recognize Without Their Signature Look6 Ridiculous Health Myths That Are Actually TrueWho Earns More Than Ronaldo?Here Are The Top 10 Tiniest Mobile Phones On The Planet!Couples Who Celebrated Their Union In A Unique, Unforgettable WayA Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This DayWhat Secrets Is The Great Wall Of China Hiding?A Guy Turns Gray Walls And Simple Bricks Into Works Of ArtTop 10 Most Romantic Nations In The World Read Also: Pogba makes coronavirus fund-raising pledge “There’s an executive committee at the French Football Federation and it’s this executive committee that will decide,” Le Graet said. “So all the interviews that are done on the left or on the right, where people want to shine or not shine, don’t matter.” “I find it quite ridiculous, stupid, clumsy and inappropriate to what’s happening,” he added, asking the two club presidents “to calm down and be dignified in their statements, which make no sense and don’t make them any bigger.” The FFF, he said, was “in the real fight. The other fight – who’s playing in a European Cup – is stupid.” FacebookTwitterWhatsAppEmail分享 last_img read more