Category : eduiqruimkun

Various Mid-Utah Radio Sports Network Athletes Compete At Sugarhouse Cross Country Invitational

first_imgAugust 14, 2019 /Sports News – Local Various Mid-Utah Radio Sports Network Athletes Compete At Sugarhouse Cross Country Invitational Brad James Written bycenter_img FacebookTwitterLinkedInEmailSALT LAKE CITY-Wednesday, Mid-Utah Radio Sports Network athletes were among those participating in the first cross country meet of the season, the Highland Invitational at Sugarhouse Park.Winning the boys’ individual championship was Skyline’s Thomas Boyden (14:47.70). The highest-placing Mid-Utah Radio Sports Network boys athlete was Wasatch Academy’s Christopher Korir who placed 43rd overall (16:17.30).Richfield’s Hayden Harward placed 47th (16:19.90) with North Sanpete’s Orange Peel placing 67th (16:36.60). Tyler Johnson of Richfield finished 86th (16:51.30) and Dason Day of Juab placed 88th (16:51.70).Tyler Dinkel of Juab finished 131st (17:20.10) and Matt Hindes of North Sanpete finished 134rd overall (17:21.20).Richfield’s Mason Solt finished 135th (17:21.40) and Gage Cox of North Sanpete placed 144th overall (17:28.60).Richfield’s Richard Crane placed 159th (17:36.50) and his teammate Nick Woolsey finished 18oth overall (18:02.30).North Sanpete’s Cayler Cook finished 190th (18:10.60) and Tate Goble of North Sevier finished 220th overall (18:40.40).Tyler Saunders of Richfield placed 226th overall (18:43.80) and Juab’s Jared Braden placed 238th (19:03.90).North Sevier’s Kelby Bosh placed 243rd overall (19:11.00) and Levi Bowles of North Sanpete placed 254th (19:29.50) with his teammate, Wynn Allred plcing 258th (19:34.00).Richfield’s Daran Beard placed 259th (19:35.70) and Wasath Academy’s Ben Sparks placed 293rd overall (22:06.10).For the girls, Timpview’s Jaroldeen Oveson took the title (17:42.50). The highest-placing finisher representing Mid-Utah Radio Sports Network schools was Nora Foster of Richfield who placed 100th overall (21:20.40).Aspen Workman of Richfield placed 114th overall (21:43.90). Tamsin Stewart of North Sanpete placed 128th (22:04.10)  and Rachael Jones of North Sanpete placed 143rd overall (22:32.30). Aubry Cook of North Sanpete placed 147th overall (22:39.20).Madelyn Christensen of North Sanpete placed 177th overall (23:52.30) to round out the last of the Mid-Utah Radio Sports Network competitors.last_img read more

CRIMINAL-IN-CHIEF HILLARY

first_imgCRIMINAL-IN-CHIEF HILLARYMaking Sense by Michael ReaganAs I’ve said:He’s embarrassing.He’s a narcissist.He’s running the worst presidential campaign I’ve seen in my lifetime.But Donald Trump is not a criminal.He’s not a professional liar.He’s not an untrustworthy politician.Hillary Clinton is all three —- and much worse.Thanks to Wikileaks (and no thanks to the mainstream news media), we’re getting new details every day about the Clinton Foundation, the global private-public racket Hillary and Bill set up to enrich themselves.Given her 30-year track record of criminality, we’ll find out new dirt on her the next time Wikileaks dumps a couple thousand more John Podesta emails.But we already know what Hillary is. She is a crook. She is a liar. She is untrustworthy. She is corrupt. She is incompetent.Her judgment in and out of office has been shockingly bad, whether she’s enabling the insatiable sexual and financial greed of her pretend husband, ignoring government rules about having a private email server, defying a congressional subpoena, cheerleading the toppling of Libya or using a charitable foundation as a front to rake in millions of dollars in global graft for her crime family.Until now, Hillary virtually has been given a free pass to the White House by two of the most important mainstream media places — the front pages of the New York Times and the Washington Post.But Wikileaks’ data dumps are finally forcing both of the journalists of those institutions to put aside their liberal biases and dig deeper into the oily workings of the Clinton Foundation —- aka, “Bill Clinton, Inc.”Now the Post has given us the new phrase “Circle of Enrichment” to describe how the foundation’s operatives have filled Bill’s pockets with millions of corporate dollars for doing little more than being Hillary’s political husband.Hillary Clinton has already proved, again and again, that she can not be trusted with even a little power.As bad as Trump is, if she and her liberal cronies get their grubby hands on the White House they will make hundreds of appointments to the Defense Department, the IRS, the EPA and a thousand other federal places.Unless a Republican Congress exists to stop her, President Hillary will give America more of everything it doesn’t need —- more taxes, more spending, more deficits, more regulations on business, more government health care, more gun laws, more illegal immigrants, more liberals on the Supreme Court.Anyone who’s been reading this column for the last 15 months, or following my tweets @ReaganWorld, knows how I feel about Trump and how the inept GOP leadership allowed him to slime the Republican brand.But as I said in my first tweet after the Republican Convention, I don’t want Donald Trump to lose because I didn’t show up at the voting booth.No matter how bad he is, there is no doubt a president Trump will make better appointments, push better laws and be more honest than a president Hillary.Trump has verbalized his positions terribly, run a terrible campaign and proves ten times a day that he’s not a politician.But he’s not a criminal.And if I have a choice between a narcissist and a criminal for president, I’m going to vote against the crook every time.FacebookTwitterCopy LinkEmailSharelast_img read more

Sweating the system

first_imgFor some, looking for government support – whether in grants, tax incentives or simply advice and training opportunities – has something of a stigma about it. That is, until they see who else is already benefiting from this type of support.For those in the know, it is a sign that a business can look after itself, rather than the opposite. Too often, it is larger companies that have the resources to research and administer these opportunities. But then they are likely to derive proportionately less benefit from them than their smaller competitors. In these tougher economic times, businesses of all types and sizes should familiarise themselves with the options.The past few years have seen large numbers of food and drink businesses benefit from European Regional and Development Fund (ERDF) finance under the Objective One programme. This applied to EU regions where deprivation was considered particularly high and, in many cases, it supported expansion and investment in new equipment. But with new finance under Objective One no longer available, is it time to bid Adieu to European funding?Far from it. Where there was an Objective One, Objective Two is sure to follow. This new EU treasure chest was opened in 2007, and the programme is due to run to 2013. It applies to the English regions, with other parts of the UK running their own programmes (see ERDF website). Anona Vazquez-Masson, head of ERDF programmes at the Department for Communities and Local Government, explains: “The focus is on competitiveness and employment, administered through the Regional Development Agencies (RDAs) rather than government offices. The approach taken by each of the RDAs is very different, with some looking at fewer, bigger projects.”This should not deter smaller business, she says, since many of these umbrella projects combine different elements, and targeted business support for SMEs is central to programme objectives. This could include training in business skills (although training is also catered for in the European Social Fund, she points out), communications, marketing and R&D. What are called the ’Lisbon priorities’ mean that at least 75% of resources are aimed at promoting competitiveness and creating jobs.So, for instance, for Yorkshire, key phrases in the current programme are “sustainable knowledge economy”, “innovation and technology transfer” and “dynamism and entrepreneurship”. One of the priority areas, supporting and stimulating successful enterprise, aims to remove barriers for start-ups and boost the number of SMEs.Nor do EU-funded (or co-funded) options stop there. Selective Finance for Investment in England (SFIE) is a completely separate fund, this time distributed unevenly around the various RDAs by the Department for Business, Enterprise and Regulatory Reform (DBERR). Here, the minimum grant is £10,000 and there is no maximum. Support can range from 7.5% of capital expenditure to 50%. Not only does implementation of the fund vary from region to region, but within regions, eligibility can also be something of a “postcode lottery”, says Warwick-based broker Bell Finance.One happy (and initially surprised) recipient of an SFIE grant was Lewis’s Bakery in Birmingham. MD Simon Lewis explains that he originally approached Bell for asset finance. “I had equipment I wanted to buy, and they suggested looking at obtaining a grant,” he says. “We approached the Advantage West Midlands RDA, and Bell Finance drew up a business plan.” This included profit and loss forecasts.Adrian Thompson, grants advisor at Bell, comments: “All of this can be a daunting process for the client. There’s also a 24-page application form, so by the time you’ve finished, it’s a box file.” He adds: “Most of our clients need us simply to provide communication services between them and the civil servants who monitor the schemes.”Costly processApplying for a grant is no guarantee of receiving one, however, and application procedures can be lengthy and costly. One form of insurance here is to carry out a more streamlined pre-application. Thompson says: “In some cases the RDA insists on a pre-application, but we put one together in any case as a matter of course.”Eligibility criteria vary from region to region. “Some RDAs have target areas, such as high-tech industries,” he says. “You need to be able to demonstrate that yours is a sector that has suffered because of external factors. Any planned expansion needs to be about new people being employed, not the existing workforce being displaced, otherwise this is classed as ’unfair competition’.” And overall, the non-competitive nature of the venture is of paramount importance. “Unless it is a unique offering, the case collapses.”In the case of Lewis’s, the application resulted in a grant of £46,000 in two tranches, as part of a £256,000 project. The “uniqueness” and “non-competitive” criteria were met by the fact that the business was planning to diversify into more artisanal and European-style stone-baked breads, such as focaccias and ciabattas. “We worked out that the nearest competitor was at least 50 miles away,” says Lewis. “They also liked the fact that it was value-added, with healthier margins.”While brokers will typically charge fees and 10% or so of any funding they successfully bid for, free advice is available through the Business Link network. This is organised regionally and, once again, opportunities will vary depending on location. In some cases, a Resource Efficiency Diagnostic can set the ball rolling by identifying areas for improvement. Business Link can also advise on funding such as SFIE, and has close relationships with the Manufacturing Advisory Service, Train to Gain and UK Trade & Investment. It is certainly worth having an open-ended conversation with your local Business Link.Energy efficiency loanThese days, energy efficiency is an economic, as well as an environmental, imperative for the bakery business. But the Carbon Trust can offer even greater incentives. One option is an energy efficiency loan, only available to SMEs with under 250 employees. Here, energy bills are not a criterion for eligibility, but the focus is on replacing or upgrading existing equipment with more energy- efficient alternatives.Enhanced Capital Allowances (ECAs) are also available to companies applying for loans. As part of this scheme, the Trust manages the Energy Technology List (ETL) of energy-saving equipment, and products claimed for under the ECA scheme must be on the List. Businesses can claim 100% first-year capital allowances on these technologies. The Trust cites the example of a company paying 30% corporation tax. Every £1,000 spent on equipment from the ETL would reduce its tax in that year by £300. This contrasts with the generally available capital allowance of £75 for plant and machinery.With its focus on packaging and food waste, the Defra-funded Waste & Resources Action Programme (WRAP) offers other opportunities. As well as advice on sustainability issues, WRAP publishes tenders for part-funded projects. Tenders are published on the WRAP website, and remain open for seven weeks from the date of publication, says retail programme manager Mike Robey. In June, tenders were due to be published inviting proposals for projects in two areas. The first of these relates to the way product is sold in-store. “We want to look at innovative ways of merchandising premium products without the need for additional layers of packaging,” says Robey. The second is aimed at the development of reusable packaging systems. “Often, smaller companies are the most innovative,” explains Robey. “But we need to ensure that there is a route to wider take-up. We’re particularly keen to see joint proposals from companies with similar issues or from different parts of the supply chain.”Useful contacts[http://www.erdf.communities.gov.uk][http://www.carbontrust.co.uk][http://www.wrap.org.uk/wrap_corporate/tenders][http://www.berr.gov.uk/regional/][http://www.businesslink.gov.uk]—-=== Scotland and Wales ===Scotland is helping to support its SMEs with the Small Business Bonus Scheme, launched in April this year. This will save companies up to £75m in business rates in the first year, says the Scottish Government, and up to £165m once full discounts come into force.Some 150,000 businesses are eligible, but they need to apply to join the scheme. At the launch, it was estimated that a shop with a rateable value of £5,150 would save £1,200 in the current year and potentially £1,650 in 2009.When it comes to EU funding, the Welsh Assembly Government (WAG) and Scottish Government (www.scotland.gov.uk/Topics/Business-Industry) administer their shares separately. WAG says it has simplified its system (or at least access to it), via a single website, [http://www.business-support-wales.gov.uk].last_img read more

Goshen car chase suspect allegedly shot by homeowner in Granger

first_img Previous articleMan, 33, shot in chest in Michigan CityNext articleTwo arrested on drug-related charges after being found passed out in vehicle Jon ZimneyJon Zimney is the News and Programming Director for News/Talk 95.3 Michiana’s News Channel and host of the Fries With That podcast. Follow him on Twitter @jzimney. (Photo supplied/ABC 57) UPDATE: The St. Joseph County Metro Homicide Unit Continues to actively investigate THE police pursuit and subsequent shooting of the suspect by a homeowner in the 11600 block of Anderson Road, Granger. The individual who was shot has been identified as Allen Hunter Stamps, 27 years old. He was being pursued by law enforcement on active warrants out of Elkhart County. As of Monday, Stamps remained in the hospital with non-lifethreatening injuries. No charges have been filed in connection with this investigation atthis time.ORIGINAL STORY: A suspect who was the subject of a police pursuit that began in Goshen ended up being shot was by a homeowner in Granger.The pursuit began around 12 p.m. on Sunday, March 21, when a Goshen police officer attempted to stop an individual, but the driver took off.The pursuit ended near the intersection of Cleveland Road and Bittersweet in St. Joseph County when the individual abandoned his vehicle.Officers pursued this individual on foot towards the 11600 block of Anderson Road in Granger.Officers heard a gunshot and determined the individual had encountered a armed homeowner. Officers located the homeowner and the individual in a wooded area.Officers determined the individual they were pursuing was suffering from an apparent gunshot wound and he was taken to the hospital for treatment.Officers at the incident scene did not discharge their weapons.Due to the involvement of the multi-agency pursuit and injury to this individual, per protocol, the St. Joseph County Metro Homicide Unit was activated and is currently handling the investigation.Witnesses have been interviewed by Metro Homicide investigatorsAnybody with information is asked to contact the St. Joseph County Metro Homicide Unit at 574-235-5009 or Michiana Crime Stoppers at 288-STOP. Facebook Google+ Twitter Facebook WhatsApp Google+ WhatsApp Goshen car chase suspect allegedly shot by homeowner in Granger Twitter By Jon Zimney – March 22, 2021 0 268 Pinterest IndianaLocalNews Pinterestlast_img read more

Worker Participation Committee discusses labor policy improvement

first_imgIn the early 1990s, amidst growing concerns over sweatshop labor in the developing world, University President Emeritus Fr. Edward Malloy convened a subcommittee to study the factories where Notre Dame licensed gear was produced. The subcommittee eventually settled on freedom of association for workers as the goal all manufacturers would have to follow, banning manufacturing in 11 countries — China included — which did not allow worker organization.Tuesday evening, in the auditorium of the Eck Visitors Center, the Worker Participation Committee, convened by executive vice president John Affleck-Graves, spoke on attempts to reform their manufacturing policy and better address workers’ rights.Affleck-Graves said the recommendation to make changes came from a University partner in protecting labor rights.“What the Fair Labor Association was pushing me on was to move less to a country-centric approach and more to a factory approach,” he said. “I guess that was the seed of where this came from — it was pressure from our partner at the Free Labor Association.”In order to resolve this problem, the University set up a test program in Chinese factories with the fair labor group Verite, in order to test how these factories fared on a case-by-case basis.“We asked our licensing companies if they had factories that would want to participate in the survey, and six factories were nominated and Verite did surveys of those factories and sent the results back,” Affleck-Graves said. “Two met our criteria, two were close but needed to do some work and two did not meet our criteria.”After this experience, the committee came up with three options to pursue in terms of their policy towards foreign labor. First, maintain the same policy. Second, continue to work with Varite in a select number of factories. Third, join with another compliance company, Summera, to join universities together to focus on labor rights. The panel stressed that none of these options had been chosen yet and that they were considering hybrid options.Christine Cervenak, committee member and associate director of the Center for Civil and Human Rights in the Eck School of Law, said one of the biggest challenges in their assessment was applying labor standards across countries.“[Our problem was] distinguishing between what we, first world people in South Bend, might believe to be [our] own standards,” she said.Cervenak said this was most evident in their visitation of Chinese factories.“When our team visited the dormitories of migrant labor factories in China, there was a slight sense of being appalled,” she said. “Our community came to understand that they were really not so bad, and much better than even the national norms.”Affleck-Graves said the decision to test the waters in China was, in some part, motivated by Under Armor’s desire to consolidate manufacturing in the country.“Under Armour and the other licensees we want to be with — they want to manufacture goods in one place,” he said. “[In these factories] you don’t see Notre Dame hats only, you see every school you can think of in the world … and so they want us to be part of that, so it’s very difficult for them if we say, ‘No, we don’t want to do that.’” Graduate student Chris Iffland, a committee member, described the process all factories would be put through in order to pass Verite tests.“The five general areas covered by the Verite assessment are as follows: workers’ right for freedom of association and collective bargaining, workers’ right to form and operate a union, good faith negotiations between factory management and union or worker representatives, effectiveness of union or worker representative body and worker grievance feedback and participation,” he said.Affleck-Graves cited student participation as key in helping the decision making process. Representing the Student Workers Participation Committee was Junior Niko Porter, who outlined the students’ main concerns.“The SWPC exists as an intermediary organization between the administration and the student body so students are able to have a voice in this conversation about manufacturing abroad,” he said. “Students’ foremost concerns are about the rights of workers, including but not limited to, freedom of association [and] safety in the workplace.”No matter what decision the committee reached, Porter said, dignity ought to be at the center of the decision.“It [must] all be based around the idea of [workers] … being treated like human beings,” he said. Tags: China, fair labor, Notre Dame licensed gear, Worker Participation Committeelast_img read more

How to stay mentally fit

first_img continue reading » Mental health is just as important as physical health. For many years now, offices have offered incentives and benefits to encourage employees to take better care of their physical self – from discounted gym memberships to more sick days and better health care benefits. More recently, that awareness has shifted to mental health, and companies are now working to ensure employees have the resources to address those needs.While physical exercise can support your mental fitness – it awakens and energizes you, fills you with positive endorphins – it’s important to dedicate time to keeping your mind strong.Unsurprisingly, ways to keep your mind fit track closely with staying physically fit. Leadership guru Wally Bock offers six ways to get the most out of your mental energy, plus some additional resources for support. Here they are:Develop your mental energy. Just like running or lifting weights, the more often you work your mind the stronger it will be. However, overexerting your limitations comes with consequences. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Bodies of children and others found in Libyan town after LNA retreat, Red Crescent says

first_imgTopics : The town served as an important stronghold for the LNA during its attack on Tripoli and the Kaniyat fought alongside the LNA in the southern suburbs of the capital.A GNA justice ministry official, Nasser Ghaita, said it had issued 23 arrest warrants over the case and asked for UN technical help. The GNA said on Saturday that “entire families” had been killed.The LNA has denied its forces were responsible for any of the bodies found in the mass graves and has called for the United Nations to investigate reports of violations committed by pro-GNA forces in Tarhouna. GNA forces found 106 bodies in the hospital and local people discovered eight mass graves around Tarhouna, prompting the United Nations to call for an urgent and open investigation.Libyan Red Crescent representative Faisal Jalwal told a news conference that 29 of the bodies found in the hospital had been identified and that they included women and children.Kamal Al-Siwi, head of the GNA’s missing persons bureau, said about 10 bodies had been disinterred from one of the eight mass graves that had been found.Tarhouna had for years been controlled by the local Kani family and its armed group, popularly known as the Kaniyat, which had been loyal to different sides during Libya’s chaotic civil war.center_img Bodies of children were among those found in the Libyan town of Tarhouna after eastern-based forces and their local allies withdrew this month, Red Crescent and Tripoli government officials said on Tuesday.The evidence of what rights groups have called possible war crimes came as Libya’s frontlines suddenly shifted, displacing thousands of civilians and leaving a trail of landmines hidden in residential areas.The internationally recognized Government of National Accord (GNA) retook Tarhouna, southeast of Tripoli, on June 5 as an offensive by the eastern-based Libyan National Army (LNA) to capture the capital collapsed.last_img read more

Arsene Wenger breaks silence on Unai Emery’s handling of Granit Xhaka at Arsenal

first_img Comment Metro Sport ReporterWednesday 6 Nov 2019 11:21 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.6kShares Xhaka is no longer Arsenal captain (Getty Images)When it was suggested that Xhaka should not have reacted in that manner, Wenger said: ‘You can always but it doesn’t mean in any club… it’s not the motorway,‘You have people with passion, with the pressure they are under, with the disappointment they carry out, they have sometimes reactions you don’t want.‘But you have to remind people of the behaviour you want. Arsene Wenger says Granit Xhaka is an ‘intelligent’ player (beIN Sports)Arsene Wenger has come out in support of Granit Xhaka after Unai Emery decided to strip the midfielder of the Arsenal captaincy this week.Xhaka has not played for Arsenal since he hit back at supporters as he was booed off the pitch during the draw with Crystal Palace at the Emirates Stadium last month.Emery confirmed that Pierre-Emerick Aubameyang has now replaced Xhaka as captain, while the Switzerland international’s future at the Gunners is in major doubt.Wenger, however, insists Xhaka is an ‘intelligent’ player and understands why the midfielder lashed out at Arsenal supporters during the game.AdvertisementAdvertisementADVERTISEMENT‘I don’t talk a lot about Arsenal, I just support them,’ Wenger told beIN Sports. Arsene Wenger breaks silence on Unai Emery’s handling of Granit Xhaka at Arsenal Unai Emery is under pressure at Arsenal after a run of poor results (Getty Images)‘I think Xhaka is an intelligent player, contrary to what I heard in recent weeks.‘Finally he apologised and that’s what he [Emery] wanted from him.’Asked if he felt Xhaka was captain material when he signed him, Wenger said: ‘He was captain at [Borussia] Monchengladbach.‘I don’t think he was captain with me, it depends maybe in Europa League games or League Cup games, I don’t know.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Advertisement Granit Xhaka gestures to Arsenal fans after getting booed off against Crystal Palace (NBC)‘I’m a supporter who wants a team to win, so that’s all.‘For me it’s very difficult to have any assessment on Arsenal because it will be straight away interpreted when you’ve been at the club for such a long time.‘So I’m just a supporter, when they don’t win I’m not happy, when they win I’m very happy.’But when asked about Emery’s decision to remove Xhaka as captain, Wenger replied: ‘As a manager you have to face these kind of decisions.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘We always face the unexpected as a manager, you have to make quick decisions.‘I think Arsenal Football Club is respected all over the world because it’s built on values and everyone has to respect these values and the manager has to get them to be respected.‘Arsenal, for me, had always had a touch of class, for me football today in the modern era has a huge responsibility on the way we behave, the way were are examples, Arsenal are part of the big clubs in the world and we have to show that.’ Advertisementlast_img read more

Visit PA to Enjoy the Spirit of the Holiday Season

first_img Holidays,  The Blog The holidays have arrived and Pennsylvania has plenty to keep you in the spirit of the season while giving you a break from the usual hustle and bustle. Bundle up, hit the road, and pursue your happiness at the various charming attractions open now across the state.Christmas Magic – A Festival of Lights, York, York CountyWarm up with some hot chocolate and enjoy a stroll through 600,000 Christmas lights, holiday scenes, train displays, and more during Christmas Magic – A Festival of Lights at York County’s Rocky Ridge Park. The half-mile walking trail, accessible to anyone, wanders through a forest nestled on a quiet mountaintop. The annual holiday celebration has earned acclaim in The Philadelphia Inquirer and the Wall Street Journal. The event runs through December 31, but is closed Christmas Eve and Christmas Day.Shadrack Christmas Wonderland, Prospect, Butler CountyThe second annual Shadrack Christmas Wonderland at Big Butler Fairgrounds in Prospect is the world’s largest drive-through, fully synchronized light and music show of its kind. Featuring hundreds of thousands of environmentally friendly LED Christmas lights, guests can sync their radio with the show and watch the lights dance in perfect harmony with the music. Shows are held nightly through January 8.Winter Lights Spectacular, Schnecksville, Lehigh CountyDuring the holiday season, the Lehigh Valley Zoo transforms into the Winter Lights Spectacular. The winter wonderland boasts giant snow globes, “snowballs” for children to toss, and milk and cookies with Santa. The annual event will be open Wednesday to Sundays through January 1, Christmas Eve, and Christmas Day.Hershey Sweet Lights, Hershey, Dauphin CountyExperience NOEL in Hersheypark, a breathtaking light show featuring more than 200,000 dancing lights synchronized to your favorite Christmas music. Nightly shows take place every half hour starting at 5 p.m. in The Hollow of Hersheypark. For those who want to stay warm in the car, explore Hershey Sweet Lights. This two-mile wooded driving path provides a twinkling journey where visitors can view more than 600 animated displays.Illuminaire Nights in Scenic Skippack Village, Skippack, Montgomery CountyThe annual Illuminaire Nights in scenic Skippack Village takes an already picturesque main street and dusts it with extra holiday charm. Hundreds of candles line the pathways and retail spaces of this alluring Montgomery County spot, where shoppers and carolers tap into the warm feeling of the holidays. See the spectacle Wednesdays and Fridays until December 23.Winter Flower & Light Show at Phipps Conservatory, Pittsburgh, Allegheny CountyGet into the spirit of the holiday season at the Winter Flower & Light Show at Phipps Conservatory in Pittsburgh. Go on a magical stroll through the vibrant holiday light displays throughout the Conservatory, and marvel at the holiday decor illuminating the Outdoor Garden. This enchanting celebration of the winter season will be open until January 8.Koziar’s Christmas Village, Bernville, Berks CountyThe night sky above Pennsylvania’s Americana Region is brightened each holiday season thanks to the beautiful light displays of Koziar’s Christmas Village in Bernville. Koziar’s is an extraordinary seasonal attraction filled with delightful displays, a train, a kissing bridge, and thousands of twinkling lights. Koziar’s is open seven nights a week through January 1.Overly’s Country Christmas, Greensburg, Westmoreland CountyMake a new holiday memory at Overly’s Country Christmas. In Greensburg, the event features a Christmas Village for visitors to explore that’s filled with an array of old-fashioned traditions and treats. Sing carols around the bonfire, revel in the model train display, have your picture taken with Santa, take a horse-drawn wagon or sleigh ride, and shop for gifts in the General Store.To stay connected with more holiday ideas, follow Pennsylvania’s updates on our social media channels (Twitter, Facebook, Instagram, Pinterest, and YouTube) and use the hashtag #PAHolidays to help spread the word about this special time of the year. Or signup for our monthly newsletter for PA road trip ideas and events that are happening across our great state. December 07, 2016 Visit PA to Enjoy the Spirit of the Holiday Season HOLIDAYS SHARE TWEET By: First Lady Frances Wolf Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf SHARE Email Facebook Twitterlast_img read more

German Pensionskassen, BaFin in ‘uncharted territory’ over solvency

first_imgThe German pension fund for a Catholic aid organisation in Cologne is one of three Pensionskassen in talks with the country’s regulator BaFin regarding the potential impact of 2017 losses.The €546m Caritas Pensionskasse (Caritas PK) is currently discussing its 2017 balance sheet “in close coordination with the actuary, the accountants and the BaFin”, the pension fund told IPE in a statement.Last week, BaFin issued a statement saying it had banned Caritas PK from taking on any new business since May, after finding that its recovery plan for meeting its solvency requirements was “inadequate”.It is the first time BaFin has issued a Pensionskasse with such a ban. However, over the past year the regulator has frequently issued warnings to insurance-based pension funds regarding their funding structures. BaFin’s office in BonnA detailed account of the solvency issues will only become available once the annual reports for both pension funds have been approved. A spokesperson for Caritas PK told IPE that its annual report would only be published once the general assembly had approved it. However, the general assembly was not due to hold another meeting this year, the spokesperson said.Industry sources told IPE that it was unlikely the Caritas PK would take on new business any time soon.Kölner PK blames rulebookThe Kölner PK is also currently not taking on any new business as it lacks funding to continue operations under the regulatory framework for mutual insurance companies.If this situation continues, the fund will have to start planning for internal runoff.In its 2016 annual report the Kölner PK’s board blamed – in part – “nonsensical measures” deriving from regulation for starting the fund’s solvency problems.Some regulatory requirements had forced the fund to sell off assets at the wrong point in time, the pension fund said, while some money put aside for the Zinszusatzreserve – the interest rate buffer – could have been better spent on filling the funding pool. Germany’s Bundesrat building in BerlinThe regulatory burden and reporting requirements for Pensionskassen and other German pension vehicles are unlikely to reduce any time soon.Germany’s lower chamber of parliament, the Bundestag, this month approved the government’s draft rules implementing the EU’s IORP II pension directive, known as the EbAV II.The pension fund association aba said “there is hope” that its objections to the prospect of EU-wide harmonisation for occupational pension funds had been heard.The draft bill has to be passed by the upper chamber of parliament (the Bundesrat) in a vote scheduled for today, with BaFin then due to issue circulars and guidelines on the actual implementation and industry-specific issues.What is already certain, however, is that the EbAV II will mean more reporting and internal risk assessment requirements for pension funds.“Overall the requirements for providers will increase significantly,” said Michael Hoppstädter, managing director of consultancy Longial.– Barbara Ottawa Earlier this year Caritas PK and its affiliated pension fund, the €329m Kölner Pensionskasse (Kölner PK), informed members about difficulties regarding the funding situation and possible cuts to pension payouts. Cologne’s Caritas and Kölner Pensionskassen face solvency problemsBoth the Caritas and Kölner funds are structured as mutual insurance companies – Versicherungsverein auf Gegenseitigkeit (VVaG) – which brings with it certain solvency and interest rate “buffer” requirements.The talks with BaFin now fall under the remit of Olaf Keese, who takes over joint management of the Caritas and the Kölner Pensionskassen this month. As a result of his appointment Keese will resign his seat on the board of the Peugeot pension fund in Germany at the end of the year.Tax consultants’ fund talking to BaFinFunding problems have also been reported at the pension fund for German tax consultants, the €992m Steuerberater Pensionskasse VVaG, with BaFin involved in negotiating a recovery plan. The fund itself declined comment.“All this is completely uncharted territory for the industry and the regulator,” one source told IPE.Insurance-based Pensionskassen had been performing well in Germany despite the funding requirements placed on them by their guarantees, but a mix of the low interest rate environment, challenging demographics and regulatory requirements has caught up with them.Some providers have chosen to sell their Pensionskassen business to run-off companies, with Frankfurter Leben having bought two funds earlier this year, from AXA Germany and Cofra Group.More regulation incoming as Bundestag passes IORP II billlast_img read more