Financial problems – R43DSFRS http://r43dsfrs.com/ Wed, 29 Jun 2022 01:58:18 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://r43dsfrs.com/wp-content/uploads/2021/07/icon-1.png Financial problems – R43DSFRS http://r43dsfrs.com/ 32 32 China’s Marxism majors thrive amid labor market woes https://r43dsfrs.com/chinas-marxism-majors-thrive-amid-labor-market-woes/ Wed, 29 Jun 2022 01:17:10 +0000 https://r43dsfrs.com/chinas-marxism-majors-thrive-amid-labor-market-woes/ Chinese university graduates are struggling to find work in the country’s worst job market in years – unless they have degrees in Marxism. Despite being China’s dominant ideology, Marxism was for decades an obscure major for students. But it is enjoying a revival under President Xi Jinping, who has urged Chinese Communist Party cadres to […]]]>

Chinese university graduates are struggling to find work in the country’s worst job market in years – unless they have degrees in Marxism.

Despite being China’s dominant ideology, Marxism was for decades an obscure major for students. But it is enjoying a revival under President Xi Jinping, who has urged Chinese Communist Party cadres to “remember the original mission” as he prepares to begin an unprecedented third term in office this year.

According to Yingjiesheng, a leading job search website for college graduates, there was a 20% increase in openings requiring a degree in Marxism in the second quarter – peak hiring season – compared to the last quarter. same period last year. Experts in Marxism are sought by employers ranging from government departments to private conglomerates.

Analysts said the popularity of Marxism graduates underscores Xi’s efforts to bolster ideological education as China’s rivalry with the United States intensifies, with the powers adopting starkly different approaches to everything from Russian invasion of Ukraine to the management of the coronavirus pandemic.

“The purpose of the major is to form a thought police to brainwash the entire population,” said Ming Xia, a political science professor at the City University of New York.

Chinese universities offering degrees in Marxism instill in students the philosophy developed by Karl Marx as interpreted by Xi and his revolutionary idol, Mao Zedong.

A three-year master’s program in Marxism at a university in central Henan province includes a module on “principles and methods of thought education” and 18 hours of study of Xi’s speeches on education.

Tourists take photos in front of a statue of former Chinese communist leader Mao Zedong in central China’s Hunan province © Jade Gao/AFP/Getty Images

Before Xi came to power in late 2012, Marxism courses struggled to gain traction in a country that emphasized economic prosperity over ideological correctness during the three decades of reforms launched by Deng. Xiaoping in 1978.

Under Deng, the party popularized slogans such as “it is glorious to get rich” and assured entrepreneurs that it was acceptable for “some people to get rich first”. Deng’s successor as party leader, Jiang Zemin, has formally invited businessmen and women from the private sector to join the party.

Xi, however, has made clear that he intends to preside over an ideologically stricter “new era” that will prioritize “common prosperity”, tighter regulation of private sector conglomerates and less division. net of rich and poor in what is one of the countries of the world. most unequal societies.

Xi’s government has cracked down on young people who apply Marxist analysis too critically to the abuses of labor permitted by China’s system of state capitalism. But it has spurred demand for Marxism professors, who now play a vital role in educating the public about why China’s communist regime is superior to the West.

In a circular issued in 2018, the same year the party eliminated the previous two-term limit on the presidency, the Education Ministry told universities they should hire at least one Marxism instructor for every 350 students.

A talent acquisition boom soon followed, with the number of university lecturers in “ideology and politics” increasing by two-thirds over the next four years.

The degree seems recession proof. Youth unemployment is at an all-time high of 18.4%, limiting the number of opportunities available to other majors. But Yingjiesheng’s records show that Marxism professors’ salaries and benefits are catching up with those offered to job seekers in previously more popular fields such as business administration.

In northern Shaanxi province, where urban workers earn an average of Rmb52,000 ($7,760) a year, Xi’an University of Science and Technology offers doctors of Marxism an annual base salary of Rmb200,000. Rmb, a signing bonus of 20,000 Rmb and housing.

“This is the golden age of students of Marxism,” said a university official, who asked not to be identified because he was not authorized to speak to foreign media.

Other educational institutions, ranging from kindergartens to high schools, are also actively hiring Marxism graduates in line with guidelines requiring students as young as 10 to study “Xi Jinping Thought.”

In southern Hainan Island, an elite high school offers Marxism teachers annual salaries of 150,000 Rmb, high by local standards.

“The study of Marxism and Xi Jinping Thought should start from an early age,” said an official from PKU Haikou High School, affiliated with Peking University in Beijing. “This creates a high demand for tutors.”

Private sector companies are also hiring Marxism majors in a bid to show their party allegiance following the crackdown on tech and real estate entrepreneurs such as Alibaba and Ant founder Jack Ma and China Evergrande Chairman Hui Ka Yan.

“It helps to have someone who speaks the party language working for us,” said David Tong, owner of a machine tool factory in the eastern city of Ningbo, near Shanghai. “The government will trust us more.”

Tong recently hired a Marxism expert to help his company improve communication with local authorities. The hiring had an immediate impact.

Shortly after he began, the in-house Marxist showed Tong an “inappropriate” article in his company’s in-house magazine that had criticized China’s draconian film censorship regime.

Tong showed the Financial Times a message from the hire that read, “It’s good that someone has their own opinion on how the government controls the media, but the publication of such opinions in our corporate magazine will lead to a misunderstanding that we support ideas contrary to the official line.

Tong said he appreciated the advice and quickly removed the article.

Additional reporting by Tom Mitchell in Singapore

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Accused of predatory abuse of power, Senate candidate Jason Minnicozzi steps down, blaming financial troubles https://r43dsfrs.com/accused-of-predatory-abuse-of-power-senate-candidate-jason-minnicozzi-steps-down-blaming-financial-troubles/ Mon, 27 Jun 2022 01:15:00 +0000 https://r43dsfrs.com/accused-of-predatory-abuse-of-power-senate-candidate-jason-minnicozzi-steps-down-blaming-financial-troubles/ democratic candidate Jason Minnicozziformer Brunswick County prosecutor and current New Hanover County public defender, is dropping out of the race for North Carolina State Senate District 7, where he faced incumbent Republican Senator Michael Lee. The move comes days after a New Hanover County woman posted allegations on social media that Minnicozzi abused her position […]]]>

democratic candidate Jason Minnicozziformer Brunswick County prosecutor and current New Hanover County public defender, is dropping out of the race for North Carolina State Senate District 7, where he faced incumbent Republican Senator Michael Lee.

The move comes days after a New Hanover County woman posted allegations on social media that Minnicozzi abused her position in the justice system to obtain personal information about her and propose to her after a day traumatic in court.

The woman agreed to allow WHQR to use her social media post, but we have removed her name to protect her from potential harassment and retaliation.

His message read:

In 2015, I was attacked by an ex, his neighbor heard the blows and called the police. By the time they arrived, I had obviously been beaten up and was way too scared to press charges, so the state of North Carolina chose to do that instead. It took a month of persuasion by the prosecutor to testify against my abuser and see him face to face again in court. I chose to do it for the women who could no longer speak out against such violence. It was one of the hardest days of my life and I won’t soon forget it. That being said, I was a crying mess and very clearly a vulnerable person in the courtroom that day.

There happened to be a lawyer handling my case, waiting to use the courtroom after my case was over. He was defending a male aggressor, go figure. How did I know this guy existed? Well he used inside court information after he saw me take the stand so he could track me down on Instagram and DM me later that night asking me out on a date and chatting of his plans that day to portray a violent man. His sympathy was zero, his illegal use of my information was not lost on me, and his only interest was clear to me: he wanted to use his privilege to go after female victims, in particular.

So why share this now? Well, he just sent me a friend request and it turns out the thug is now running for Senate from North Carolina. After realizing his mistake, he immediately blocked me. Smart guy! Would you like to know who this candidate was after hearing all this? Just curious. Thanks for taking the time to read

His name is Jason Minnicozzi. He is running for District 7 of the North Carolina Senate. Feel free to share this entire article anywhere, photos included. We need to keep men like that out of our state senate.

For several days, Minnicozzi and the North Carolina Democratic Party (NCDP) did not respond to requests for comment. Then, late Sunday, the two sent in statements.

The NCDP directly acknowledged the allegations, saying it would not tolerate “harassment”. The NCDP noted that it could present a replacement candidate in place of Minnicozzi.

“Harassment of any kind cannot be tolerated. Mr. Minnicozzi made the right decision to retire from this race. New Hanover deserves a leader who serves with integrity and someone he can trust to get the job done,” NCDP President Bobbie Richardson wrote in a statement.

In stark contrast, Minnicozzi blamed campaign funding shortfalls, made no reference to the allegations, and suggested he would run again when “the time is right.”

Minnicozzi’s statement is below:

When I started my campaign for State Senate 4 months ago, I promised voters in the 7th District that I was “in it to win it.” Over the past few weeks, it has become clear to me that the Republican Party apparatus intends to spend hundreds of thousands of dollars to stifle my message of hope and renewal, and instead resort to its old political manual of negativity and debasement.

Despite the overwhelming support I received from the residents of the 7th arrondissement, it seems obvious to me that my campaign simply does not have the financial resources necessary to counter the Republican attacks to come. In short, I have come to the difficult conclusion that my campaign will not have the financial resources to “win it”.

It is crucial that we direct our resources towards preventing the election of a Republican super majority. The people of the 7th District and the state of North Carolina deserve a candidate who has the financial resources to counter the Republican attack machine. I cannot continue in good faith to divert resources from these efforts. Unfortunately, it is clear to me that I must stand down and retire as the Democratic candidate for the North Carolina State Senate, District 7, in order to help advance this goal.

We must do everything we can to prevent a Republican super majority from taking over the State Senate. There is simply too much at stake. I hope that the candidate who takes my place will have the financial backing to do whatever is necessary to take on my opponent, and I pledge to do whatever I can to support whatever whoever this candidate is.

It has been the privilege of my life to run for the State Senate. I am incredibly proud of the work I have done representing the indigent and helping to achieve fairness in our justice system. Although 2022 did not turn out to be my time to run for office, I am extremely grateful for the support I have received and hope that the people of North Carolina and the people of the 7th District will welcome me to again when the time comes. is correct.

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‘She knew she would never marry him’ – Shakira’s ex-brother-in-law gives insight into ‘broken’ relationship with Pique and ‘financial issues’ between couple https://r43dsfrs.com/she-knew-she-would-never-marry-him-shakiras-ex-brother-in-law-gives-insight-into-broken-relationship-with-pique-and-financial-issues-between-couple/ Sat, 25 Jun 2022 08:49:28 +0000 https://r43dsfrs.com/she-knew-she-would-never-marry-him-shakiras-ex-brother-in-law-gives-insight-into-broken-relationship-with-pique-and-financial-issues-between-couple/ Shakira’s ex-brother-in-law has offered insight into Colombian pop singer and Barcelona defender Gerard Pique’s ‘broken’ relationship with ‘financial issues’ playing a part in their split. The ex-couple announced on June 4 that they would be separating after 12 years together, saying (per CNN): “We regret to confirm our separation. For the well-being of our children, […]]]>

Shakira’s ex-brother-in-law has offered insight into Colombian pop singer and Barcelona defender Gerard Pique’s ‘broken’ relationship with ‘financial issues’ playing a part in their split.

The ex-couple announced on June 4 that they would be separating after 12 years together, saying (per CNN):

“We regret to confirm our separation. For the well-being of our children, which is our top priority, we ask for respect for (our) privacy. Thank you for your understanding.”

There have been rumors of infidelity on Pique’s part, although recent reports seem to have denied these claims.

Shakira’s ex-brother-in-law Roberto García has now opened up on what led to a rocky relationship between the singer and the Barca defender.

He told the Spanish outlet ESdiario:

“That relationship has been broken for a long time but they gave a cordial image to the public.

He continued,

“Shakira noticed Pique because she loved that he was the father of her children. She knew she would never marry him. According to a person very close to them, there was a financial problem between the two .”

Garcia went on to discuss the time the Barcelona star asked his ex-girlfriend for money for a business investment:

“Supposedly, Pique asked Shakira for money for an investment problem and the singer’s family refused to give it to her. They don’t mix their money and bring the family economy to 50%. She also invests in other construction companies.”

Garcia concluded:

“She had the idea to do something in the Bahamas and Colombia. That’s where the problems started.”

🚨 Barcelona owe Gerard Pique around €100m in total and have to pay him until June 2024. (Source: @sport) https://t.co/qiBv6iWSMd

Trouble continues to ensue between the former couple with recent reports that Pique is preventing his ex-girlfriend from taking their children on holiday to Miami.


Shakira reportedly didn’t have a close relationship with Gerard Pique’s entourage

The Colombian (left) is said to have nicknamed
The Colombian (left) was reportedly nicknamed ‘the boss’

More details have emerged regarding the struggles the pop star and the Spaniard have experienced in their relationship.

Journalist Lorena Vazquez on the Ya es media show on Telecinco (Going through Mark) claimed that the singer was not held in high esteem by the Barca star’s friends:

“Everyone around Gerard Pique knows Shakira as ‘La Patrona’ because apparently she didn’t have a very good attitude with the footballer’s friends,”

She continued,

“She never mingled too much with Gerard Pique’s longtime friends, not even with the rest of the Barcelona players’ wives. And that was a problem for the couple from the start.”


Interested in sports other than football? Click on here

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LME appoints Oliver Wyman to oversee post-mortem nickel crisis https://r43dsfrs.com/lme-appoints-oliver-wyman-to-oversee-post-mortem-nickel-crisis/ Thu, 23 Jun 2022 16:57:45 +0000 https://r43dsfrs.com/lme-appoints-oliver-wyman-to-oversee-post-mortem-nickel-crisis/ The London Metal Exchange has chosen Oliver Wyman to lead the exchange’s independent review into its handling of the nickel crisis which saw the exchange wipe out some $4 billion in trades. The consultancy, along with its sister company Nera, will examine the events that culminated on March 8, when a dramatic spike in nickel […]]]>

The London Metal Exchange has chosen Oliver Wyman to lead the exchange’s independent review into its handling of the nickel crisis which saw the exchange wipe out some $4 billion in trades.

The consultancy, along with its sister company Nera, will examine the events that culminated on March 8, when a dramatic spike in nickel prices led the LME to suspend trading and cancel transactions.

Hedge fund Elliott Associates and market maker Jane Street have filed separate lawsuits for the millions they lost on what were believed to be nickel bets. The LME has already said Financial News that he would defend any litigation “vigorously”.

LILY Hedge fund titan Clifford Asness leads traders’ fury after LME cancels $4 billion in nickel trades

The scope of the review will include market conditions at the time, as well as the current market structure and LME trading rules, such as position limits and circuit breakers.

However, the decision-making process and governance arrangements between the exchange and its clearinghouse, LME Clear, will not be subject to the independent review. These are already included in the scope of reviews conducted by the Financial Conduct Authority and the Bank of England.

LILY Metals guru on nickel traders’ ‘apoplectic rage’ over LME debacle

He added that the review will last at least until December, followed by a final report. As part of the review, Oliver Wyman will conduct “in-depth” outreach to market participants.

Oliver Wyman has been contacted for comment.

“We look forward to reviewing the recommendations put forward as part of the review’s findings and taking further action to support the long-term health, efficiency and resilience of the market and its constituents,” said the LME in a statement.

LILYLME requires OTC contract reporting after Nickel Blindside raises transparency concerns

The stock exchange has already taken steps to try to restore confidence in the market. The LME announced on June 17 that it would require market participants to submit weekly reports on their OTC positions in metals traded on the exchange from July 18. Nickel OTC contracts were a blind spot during an unprecedented short squeeze that sent nickel prices soaring.

LILY The London Metal Exchange’s tumultuous three months – here’s what happened

Market participants as well as the Managed Funds Association said such a requirement was premature and called on the LME to put the implementation of the change on hold until the independent review is complete.

LME Chairman Matthew Chamberlain also defended the shares of the exchange. He said that without the intervention of the LME, several defaults could have occurred.

To contact the author of this story with comments or news, email Jeremy Chan

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The $3 billion problem for US banks https://r43dsfrs.com/the-3-billion-problem-for-us-banks/ Tue, 21 Jun 2022 13:37:00 +0000 https://r43dsfrs.com/the-3-billion-problem-for-us-banks/ Money mules constitute up to 0.3% of accounts at U.S. financial institutions, or approximately $3 billion in fraudulent transfers This estimate is considered low because most mule counts go undetected Emerging attack methods using hybrid bots allow criminals to open mule accounts at scale, new research shows One in 100 money mule accounts are created […]]]>
  • Money mules constitute up to 0.3% of accounts at U.S. financial institutions, or approximately $3 billion in fraudulent transfers

  • This estimate is considered low because most mule counts go undetected

  • Emerging attack methods using hybrid bots allow criminals to open mule accounts at scale, new research shows

  • One in 100 money mule accounts are created by a bot

NEW YORK, June 21, 2022 /PRNewswire/ — BioCatch, the global leader in behavioral biometrics, has released new research on the size and scope of the growing money mule problem for U.S. financial institutions. During the first half of 2022, data from BioCatch reveals that money mule accounts account for up to 0.3% of accounts held by financial institutions, and it is estimated $3 billion in fraudulent financial transfers.

BioCatch is the leader in behavioral biometrics, a technology that leverages machine learning to analyze a user’s physical and cognitive digital behavior online to protect individuals online.

Behavioral biometrics leader BioCatch has published research on the growing problem of the money mule for US financial institutions.

According to the Federal Deposit Insurance Corporation (FDIC), there are 124 million American households of which a member has at least one bank accountalthough consumers have an average of 5.3 bank accounts in all types of financial institutions. By applying the results of BioCatch to the approximately 657 million bank accounts in United Statesthis translates to around two million mullet accounts and almost $3 billion of fraudulent transfers in one year. Additionally, research has found that the average mule transaction value is $1,500 – a relatively small number to avoid detection by traditional means.

BioCatch discovered a probable reason behind the increase in the creation of new mullet accounts: the use of hybrid bots that can open new accounts at scale. This is an emerging trend that BioCatch has observed for over a year through monitoring user behavior in the account sign-up process. To circumvent the robust bot detection capabilities deployed by most banks, criminals have developed hybrid bots that allow parts of the application to be completed manually by a human and other parts to be completed in an automated way. For example, criminals typically use a script to fill in data such as a social security number or phone number, while there is human intervention with the pasting of data into other PII fields such as l address and typing entries.

“Our researchers have determined that one percent of mule accounts are created by bots,” said Gadi Mazor, CEO of BioCatch. “Financial institutions should expect the use of bots in the account opening process to continue to grow, as they are a critical link in the fraud supply chain allowing criminals to withdraw money. money at the end of the money laundering process. However, mule activity can be detected at all stages of a customer’s banking journey through behavioral biometrics.”

Mule accounts are a worldwide problem, and not just isolated for United States. For example, in the UK, 156 million consumer bank accounts translate to 468,000 mule accounts and $702 million (or £550 million) of fraudulent transfers. According to Europol, more than 90% of money mule transactions are directly linked to cybercrime. Cybercriminals open mule accounts using stolen or fake identities, or criminals work with accomplices who use their personal information, knowingly or unknowingly, to open mule accounts. The increase in mule activity is particularly alarming among account holders under the age of 30. Last year, UK fraud prevention organization Cifas reported a 76% increase in accounts for 21-30 year olds who showed classic signs of mullet activity.

Detecting mule activity has long been a challenge for financial institutions, recent research from Aite-Novarica shows that over 80% of fraud managers surveyed believe more can and should be done to mitigate the risk of mule activities in the industry.

“If mule activity continues to be overlooked as a risk actively mitigated by a well-defined and officially ordered program, then faster payments and the tendency of fraudsters to target customers with scams such as BEC and Authorized Push Payments will fuel significant growth in fraud,” said Trace Fooshee, Senior Analyst Fraud and AML at Aite-Novarica. “It could also lead to a wider variety of more pernicious crimes ranging from terrorism to human trafficking.”

In February, BioCatch announcement it received a US patent for its innovation, first in its class Mule account detection solution, which monitors user interactions to identify mule bank accounts used for money laundering or terrorist financing. Based on real-time monitoring of user behavior and ongoing account monitoring, BioCatch’s solution can determine whether the online banking account is being used as a mule account to illegally receive and transfer money. silver. In addition to the Mule Account Detection patent, BioCatch holds 70 pending patents for its behavioral biometrics and cybersecurity solutions across United StatesUK and Europe.

For more information on mule detection, download a joint BioCatch and Aite-Novarica case study here: The Emerging Case of Proactive Mule Detection: Going on the Attack to Defend Reputational Risk.

About BioCatch

BioCatch is the leader in behavioral biometrics, a technology that leverages machine learning to analyze a user’s physical and cognitive digital behavior online to protect individuals online. BioCatch’s mission is to unleash the power of behavior and provide actionable insights to create a digital world where identity, trust and ease seamlessly coexist. Today, BioCatch counts more than 25 of the top 100 global banks among its customers who use BioCatch solutions to fight fraud, drive digital transformation and accelerate business growth. BioCatch’s Client Innovation Board, an industry-led initiative including American Express, Barclays, Citi Ventures and National Australia Bank, enables BioCatch to identify creative, cutting-edge ways to leverage unique attributes of behavior for prevention fraud. With over a decade of data analysis, over 70 patents filed and unparalleled experience, BioCatch continues to innovate to solve tomorrow’s problems. For more information, please visit www.biocatch.com

Contact:
Sarah Horowitz
sarah.horowitz@teamlewis.com

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SOURCEBioCatch

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Tottenham ‘push’ to sign £54m ‘phenomenon’ at Hotspur Way https://r43dsfrs.com/tottenham-push-to-sign-54m-phenomenon-at-hotspur-way/ Sun, 19 Jun 2022 20:05:59 +0000 https://r43dsfrs.com/tottenham-push-to-sign-54m-phenomenon-at-hotspur-way/ Tottenham are still pushing to sign Inter Milan defender Alessandro Bastoni despite being told he is not for sale, according to Sky Sports reporter Dharmesh Sheth. The £54 million The Italy international has emerged as a top target for Antonio Conte’s centre-back, although Spurs’ chances of bringing him to the Premier League suffered a serious […]]]>

Tottenham are still pushing to sign Inter Milan defender Alessandro Bastoni despite being told he is not for sale, according to Sky Sports reporter Dharmesh Sheth.

The £54 million The Italy international has emerged as a top target for Antonio Conte’s centre-back, although Spurs’ chances of bringing him to the Premier League suffered a serious blow when his agent revealed he would stay at San Siro .

What’s the latest news about Bastoni?

Athleticism reported before the window opened that Bastoni was on a shortlist of left centre-backs that Conte hoped to sign this summer.

GiveMeSport transfer verdict

sky sports went on to confirm that Spurs’ pursuit had progressed, with talks between the two clubs ongoing.

Bastoni, described as ‘phenomenal‘ by Italian expert Conor Clancy, responded by saying: “I have two years of my contract with Inter, so I’m relaxed. The club haven’t told me anything. I’m just waiting to go on vacation after that and then start pre-season with Inter. .

However, a few days later Tullio Tinti, Bastoni’s agent, met with the club’s directors and said that Bastoni would stay with the Serie A giants permanently.

“Bastoni will definitely stay at Inter” he said. “He has a contract with Inter, he is happy to play at Inter and there is no problem. I respect the contracts. If they call me, there is no problem.

But Sheth doesn’t necessarily believe Tottenham’s hopes of signing Bastoni are over just yet.

What did Sheth say about Bastoni?

He told GIVEMESPORT: “Bastoni’s is very interesting because Tottenham are still pushing to sign Bastoni from Inter Milan. It has to be said that Inter Milan don’t want to lose him, and the agent came out and said he was happy at the moment. ‘Inter Milan, it’s not going anywhere, but is it a screen where Inter Milan are protecting their investments so if they sell, do they get the maximum amount of money?

Darwin Nunez in Liverpool! Deal done! Learn more about The football terrace

Could Tottenham still sign Bastoni?

It feels like Tottenham could be chasing a lost cause here, although it has been widely reported that Inter need to raise funds this summer to ease some of their financial troubles, giving Spurs a small chance.

It could also take the form of Milan Skriniar Where Lautaro Martinezwho have both been linked lately.

But if a deal is to be struck here, it’s up to Bastoni and Inter, with Tottenham’s position on the situation loud and clear.


News Now – Sports News

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Zeeshan Zameer thought about quitting cricket due to financial issues – Cricket https://r43dsfrs.com/zeeshan-zameer-thought-about-quitting-cricket-due-to-financial-issues-cricket/ Sat, 18 Jun 2022 03:56:00 +0000 https://r43dsfrs.com/zeeshan-zameer-thought-about-quitting-cricket-due-to-financial-issues-cricket/ Published on June 18, 2022 09:26 Zeeshan faced the challenge of quitting cricket at district level and returning to his village. LAHORE (Web Desk) – Young Pakistani pacer Zeeshan Zameer once considered quitting cricket due to the complex situation developing at his home, but he is now one of the bright talents recognized by the […]]]>

Published on June 18, 2022 09:26

Zeeshan faced the challenge of quitting cricket at district level and returning to his village.

LAHORE (Web Desk) – Young Pakistani pacer Zeeshan Zameer once considered quitting cricket due to the complex situation developing at his home, but he is now one of the bright talents recognized by the PCB Pathways scheme. Continuing his journey in competitive cricket, Zeeshan was hampered by several challenges early in his career which could have potentially jeopardized his future.

The Karachi-based cricketer faced the challenge of leaving cricket at district level and returning to his village of Khyber Pakhtunkhwa to have his ailing mother operated on, but decided to stay after a local coach offered to cover medical expenses.

His father is a private company driver in Karachi and given the limited financial support, Zeeshan was always willing to go the extra mile to pursue his dreams. Awarded for his stellar performances in the U19 circuit and an impressive HBL PSL 7 outing with Islamabad United, Zeeshan is now one of 107 cricketers in the PCB Pathways programme. coaches at the National High Performance Centre.

“The PCB Pathways program is a very good initiative because I am aware of the difficulty for gamers from modest backgrounds,” Zeeshan told PCB Digital.

“Players in the program will be in a better mental space and less stressed as their monetary needs are met by the PCB and they can also support their families.”

The bowler’s rapid rise can be traced back to his stellar display in the 2020-21 National One-Day U19 Tournament when he won 19 scalps in 10 matches for Sindh U19. His ability to generate a sharp rebound has been a hallmark of his bowling arsenal.

The 19-year-old speedster, who idolizes Australia Test skipper Pat Cummins and wants to replicate the heroics of Wasim Akram and Waqar Younis, was the standout bowler at the 2021 ACC Asian U19 Cup where he landed 11 wickets in just three matches. Zeeshan also recorded outstanding numbers of 5-60 against their Indian rivals in the tournament, giving his side a memorable win. Later, he won five wickets in as many matches at the ICC U19 Men’s Cricket World Cup 2022.

Hardened by life’s hardships, Zeeshan mentioned that one needs to deal with criticism in a positive way in order to progress.

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The inflation problem could last for years https://r43dsfrs.com/the-inflation-problem-could-last-for-years/ Wed, 15 Jun 2022 21:05:51 +0000 https://r43dsfrs.com/the-inflation-problem-could-last-for-years/ Photo: Jim Lo Scalzo/EPA-EFE/Shuttersto Listen long enough to Jerome Powell, the chairman of the Federal Reserve, and you’ll probably hear him tell you that the central bank doesn’t act so much as it reacts. At a press conference in Washington, D.C., Powell described Wednesday’s central bank interest rate hike of 0.75% – the biggest increase […]]]>

Photo: Jim Lo Scalzo/EPA-EFE/Shuttersto

Listen long enough to Jerome Powell, the chairman of the Federal Reserve, and you’ll probably hear him tell you that the central bank doesn’t act so much as it reacts. At a press conference in Washington, D.C., Powell described Wednesday’s central bank interest rate hike of 0.75% – the biggest increase since 1994 – as a response to rapidly deteriorating economic conditions. in the United States, especially the higher and worse inflation numbers. consumer sentiment which came out last week. Asked about the future, he hesitated. “It’s a very uncertain environment, an extraordinarily uncertain environment,” Powell said. “We will be determined and resolute – but flexible.” There could be other such large and sudden jerks in the money supply in the coming months, he said, but he would have to wait for the data. This is in stark contrast to the last time the Fed made such a move – with then-Fed Chairman Alan Greenspan rapidly tightening the money supply as “preemptive strikein the face of an inflationary threat that was just beginning to materialize.

And so we American consumers expect and hope for the best – and it could be years before things get better. What is extraordinary is not really the size of the hike – it was telegraphed via a the wall street journal article Monday – but how long the central bank thinks this period of economic pessimism will last. According projection by the bank’s own board of governors, it could be 2024 before inflation has cooled enough for it to start cutting rates again, with or without a recession. Before that, interest rates are likely to double – remember, the higher they rise, the more painful it becomes to borrow and spend – and then some until next year. So if you think it’s already hard to afford your current lifestyle, hold on.

The Fed is a powerful institution, an independent arm of government that has almost unchecked power to create and destroy jobs and credit. He has also, in recent years, been one who has been reluctant to acknowledge the underlying threats to the economic situation. When inflationary pressures began to materialize last spring, the central bank called them “transitional”. It was simply the result of buying and selling imbalances because of the pandemic and things would work out, the Fed argued. It was, after all, the time when COVID vaccines were first rolled out, a ridiculously optimistic time when it looked like the world’s biggest problem was about to go away. But Powell and his colleagues at the Fed were clearly wrong, as we are now in the worst inflationary environment in 40 years with no real end in sight. To his credit, Powell has clearly internalized the inflation problem now and appears to be trying to catch up. “The worst mistake we could make would be to fail, which is not an option,” he said. “We need to restore price stability. We really do. It is the bedrock of the economy. If you don’t have price stability, the economy really won’t work the way it should.

When we get there, it’s not exactly clear. The Fed’s projections can change drastically. For example, central bank governors have been faced with a much simpler problem in March, thinking they would need fewer interest rate hikes to bring inflation under control. And the reality is that, despite the power of the Fed, its sphere of influence does not encompass the entire universe. During his press conference on Wednesday, Powell noted the Fed’s limitations in resolving all of the country’s financial problems. The war in Ukraine is inflating oil prices and COVID policies in China are blocking supply chains, to name just two big geopolitical issues over which Powell has virtually no influence.

Of course, the stock market rallied after Powell’s remarks, as Wall Street hopes the Fed will move faster and put an end to this whole thing of inflation. But can it really work? Geopolitics killed a decade of market optimism. It’s not hard to see a world where this trickles down to the wider economy, especially if the period of rising prices continues. Consumers are already exhausted, judging by the consumer sentiment survey that Powell cited as one of the reasons for today’s 0.75% rise. The Fed can make it harder to buy cars and homes, curb affluent spending and reliance on debt, and tie up businesses so they’re forced to shed their workforce – which is already becoming apparent. Maybe it can lower inflation and make people’s daily life easier. But Powell’s Fed has been too optimistic before, and this time, with Russia and China holding the price of American goods in their hands, they may still not be grappling with the depths of the problem.

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State orders 120-day takeover of Colorado Springs Charter Academy over financial troubles https://r43dsfrs.com/state-orders-120-day-takeover-of-colorado-springs-charter-academy-over-financial-troubles/ Mon, 13 Jun 2022 20:14:51 +0000 https://r43dsfrs.com/state-orders-120-day-takeover-of-colorado-springs-charter-academy-over-financial-troubles/ COLORADO SPRINGS, Colo. (KRDO) – The Colorado Department of Education is ordering a third party to take over the trustee powers of Colorado Springs Charter Academy (CSCA) following several financial issues at the school. In a preliminary order from Colorado Department of Education (CDE) Commissioner Katy Anthes, she says Colorado Springs Charter Academy’s financial condition […]]]>

COLORADO SPRINGS, Colo. (KRDO) – The Colorado Department of Education is ordering a third party to take over the trustee powers of Colorado Springs Charter Academy (CSCA) following several financial issues at the school.

In a preliminary order from Colorado Department of Education (CDE) Commissioner Katy Anthes, she says Colorado Springs Charter Academy’s financial condition is “extremely uncertain.”

Because of these concerns, Anthes directed former R-1 Superintendent of the Jefferson County School District, Daniel M. McMinimee, to take over the duties of the CSCA Board of Trustees.

In April, the Colorado attorney general’s office issued a “cease and desist” request to CSCA board members following accusations of mishandling school funds and violating policies. advice.

A letter from the Colorado Attorney General’s Office ordered the charter school’s board of trustees to cease appointing new board members until further notice due to a breach of contract with the Colorado Charter School Institute (CSI).

CSI says one of the charter school’s board members was given permission to become a signer of his operating account, access the school’s accounting system, and own a $50 credit card. $000 without proper authorization.

Anthes and the CDE have been asked to act as an intermediary between the two parties in this matter.

In the order sent to the CSCA and the CSI on June 8, the state notes that charter school financial management issues and gaps in the board’s government processes pose a significant threat to the CSCA’s ability. to stay open.

Anthes believes that without intervention, the CSCA is unlikely to resolve its fiscal year 2023 budget for the upcoming school year, which is scheduled for next month. According to the ordinance, the upcoming budget depends on two unresolved factors: enrollment and staff salaries. Some of the staff salaries remain unapproved, while enrollment numbers for 2023 are unclear.

Meanwhile, the “CSCA Financial Management Contractor position will end by July 20, 2022.” The position is responsible for bookkeeping, payroll and accounting services.

The CDE order outlines CSCA’s plan to address a number of concerns:

“The plan (of CSCA) includes several stages to occur within 30, 90 and 100 days. Within 30 days, the board plans to solicit proposals and engage a school board company to provide board and staff training, assess and document staff concerns, assess and document board needs, assess and rewrite policies as needed. Within 90 days, the consulting firm must complete an assessment, issue a report and recommendations, and a chief financial officer must be hired. Within 100 days, (CSCA) will meet with CSI.

However, the CDE commissioner found that the CSCA had presented no evidence that it had made “substantial progress towards these goals”. With the upcoming school year starting in less than 90 days, the commissioner says that while all milestones were completed on time, the plan does not provide timely guidance as to whether or not the school will be ready for the coming year. come.

“Based on the foregoing, the commissioner concludes that there is urgency and a significant risk of irreparable harm,” Anthes said in his June 8 order. “The commissioner also believes that the risk to (the CSCA’s) solvency bears directly on its ability to open and maintain operations in the coming school year, to pay staff and to educate its enrolled students. the inability of (CSCA) to open – or its closure during the school year – would cause serious disruption to students, their education and the 7 members of staff; would displace enrolled students, who would need to transfer to other schools.

According to the board of directors, they are reduced to three of the seven administrators. Several directors have resigned since the beginning of December 2021.

13 Investigations Monday, contacted the Colorado Springs Charter Academy attorney and treasurer for comment. We are awaiting responses for both.

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Helping Renewable Energy Projects Succeed in Local Communities | MIT News https://r43dsfrs.com/helping-renewable-energy-projects-succeed-in-local-communities-mit-news/ Sun, 12 Jun 2022 04:00:00 +0000 https://r43dsfrs.com/helping-renewable-energy-projects-succeed-in-local-communities-mit-news/ Jungwoo Chun makes surprising discoveries about sustainability initiatives by zooming in on local communities. His discoveries are in understanding how renewable energy infrastructure develops at the local level. With so many stakeholders in a community – citizens, government officials, businesses and other organizations – the development process gets complicated very quickly. Chun strives to unpack […]]]>

Jungwoo Chun makes surprising discoveries about sustainability initiatives by zooming in on local communities.

His discoveries are in understanding how renewable energy infrastructure develops at the local level. With so many stakeholders in a community – citizens, government officials, businesses and other organizations – the development process gets complicated very quickly. Chun strives to unpack stakeholder relationships to help local renewable energy projects move forward.

Although today he is interested in local communities across the United States, Chun comes from a global background. Growing up, her family moved often due to her father’s job. He lived in Seoul, South Korea until elementary school, then hopped from town to town in Asia, spending time in China, Hong Kong and Singapore. At the time of college, he returned to South Korea, majoring in international studies at Korea University and later completed his master’s degree in the same field.

After graduating, Chun wanted to use her international expertise to fight climate change. Thus, he pursued a second master’s degree in international environmental policy with William Moomaw at Tufts University.

Meanwhile, Chun came across an article on climate change by David Victor, a professor of public policy at the University of California, San Diego. Victor argued that while international efforts to tackle climate change are necessary, more tangible progress can be achieved through local efforts tailored to each country. This prompted Chun to think a little further, “What can we do in the local community to make a small difference, which could mean something big in the long run?”

With renewed direction for his goals, Chun arrived at MIT’s Department of Urban Studies and Planning, specializing in environmental policy and planning. But he still lacked that last spark of inspiration to proactively pursue his goals – until he began working with his senior adviser, Lawrence Susskind, Ford Professor of Urban and Environmental Planning and Director of the Collaboration Scientific impact.

For previous research projects, “I would just do what I was told,” Chun says, but his new adviser “really opened [his] eyes” to be an active member of the community. From the start, Susskind encouraged Chun to share his research ideas and showed him how to leverage his research skills for public service. Over the past few years, Chun has also taught several classes with Susskind, learning to approach education thoughtfully for an engaging and equitable classroom. Because of their relationship, Chun now always looks for ways to make a difference through research, teaching, and public service.

Understanding renewable energy projects at the local level

For her major thesis project with Susskind, Chun studies community-owned solar power projects, striving to understand what makes them successful.

Often, communities do not have the expertise to carry out these projects on their own and instead turn to advisory bodies for assistance. But little research has been done on these organizations and the roles they play in the development of solar energy infrastructure.

Through more than 200 surveys and counts, Chun has discovered that these organizations act as lifetime contributors to communities and are essential to the establishment and operation of community-owned solar projects. At the start of these projects, they guide communities through a mountain of logistics for setting up solar power infrastructure, including permit applications, budgeting, and contractor employment. Once the infrastructure is in place, organizations stay involved, serving as consultants when needed and sometimes even becoming partners.

Because of these roles, Chun calls these organizations “intermediaries,” drawing a parallel with roles in conflict resolution. “But it’s much more than that,” he adds. Intermediaries help local communities to “build a movement [for community-owned solar energy projects] … and give them the means to be independent and autonomous.

Chun is also working on another project with Susskind, examining situations where communities oppose renewable energy infrastructure. For this project, Chun supervises and mentors a group of five undergraduate students. Together, they try to identify the reasons for local opposition to renewable energy projects.

The idea for this project emerged two years ago, when Chun learned on the news that many solar and wind projects were being delayed or canceled due to local opposition. But the reasons for this opposition have not been thoroughly researched.

“When we started to dig a little deeper, [we found that] communities oppose these projects even if they are not opposed to renewables,” Chun says. The main reasons for opposition lie in land use issues, including financial challenges, health and safety concerns and, ironically, environmental consequences. By better understanding these concerns, Chun hopes to help more renewable energy projects succeed and bring society closer to a sustainable future.

Bringing research to the classroom and the community

Currently, Chun is looking to bring his research knowledge of renewable energy infrastructure into the classroom. He is developing a renewable energy course that will act as a “clinic” where students will work with communities to understand their concerns about potential renewable energy projects. The students’ findings will then be passed on to the project managers to help them address these concerns.

This new course is modeled after 11.074/11.274 (Cybersecurity Clinic), which Chun has helped develop over the past few years. In this clinic, students work with local New England governments to assess potential cybersecurity vulnerabilities in their digital systems. At first, “many city governments were very skeptical, like ‘students are doing us a favor…?'” Chun said. “But in the end, they were all very happy with the result” and found the evaluations “impactful”.

Since the launch of the cybersecurity clinic, other universities have approached Chun and his co-instructors to develop their own regional clinics. Today, there are cybersecurity clinics operating all over the world. “It was a huge success,” Chun says. In the future, “we would like to extend the benefits of this clinic [to address] communities opposed to renewable energy [projects].” The new course will be a philosophical trifecta for Chun, combining his commitments to research, teaching and public service.

Chun plans to complete her doctorate at the end of this summer and is currently writing her thesis on community-owned solar energy projects. “I’m done with all the ground work – working the soil and putting the seeds in the right place,” he says, “Now it’s time to get all the crops together and present the work.”

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