Remote retailers must send an annual notice to Louisiana shoppers when the retailers did not collect sales tax from the shoppers. The annual notice mailing deadline for 2017 purchases.Louisiana online and catalog shoppers who made purchases in 2017 for which sales tax was not collected will receive an annual use tax notification from the remote retailer.This annual notice must be sent by first class or certified mail before January 31 each year. Alternatively, the remote seller may send the notice electronically if authorized by the purchaser.The annual notice must provide the following:total amount paid by purchaser for goods or services in preceding calendar year;listing of dates and amounts of purchases, if available;whether purchase is exempt from tax, if known by the retailer;name of retailer;statement that Louisiana use tax may be due; andinstructions for paying use tax on purchaser’s individual income tax return or on Consumer Use Tax Return (R-1035).Remote retailers must report the same information to the Louisiana Department of Revenue.Taxpayers who file taxes through a paid preparer should provide a copy of the notice to the preparer.The annual notice and reporting requirements by remote sellers are further covered in Revenue Information Bulletin 18-006.The complete release is available at http://www.rev.state.la.us/NewsAndPublications/NewsReleaseDetails/10457.News Release, Louisiana Department of Revenue, January 16, 2018Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.
Triumph marred: Joy from the Asia Cup was followed by controversyEight Olympic golds, magical stick work and the sacred 5-3-2 formation are passe. Indian hockey has found another tradition – the self-activating self-destruct that kicks in at a moment of triumph. After the Indians won the 1998 Asian Games gold,Triumph marred: Joy from the Asia Cup was followed by controversyEight Olympic golds, magical stick work and the sacred 5-3-2 formation are passe. Indian hockey has found another tradition – the self-activating self-destruct that kicks in at a moment of triumph. After the Indians won the 1998 Asian Games gold medal, six seniors were sacked.Returning with their first-ever Asia Cup title this week, the team’s coach and captain snarled at one another in front of TV cameras in Chennai over who could and could not speak to the media.Disagreements travel with sports teams-the squads are, after all, groups of athletically (though not always intellectually) gifted, headstrong young men who must take orders from someone older, and are constantly thrown into high-pressure situations. It is, therefore, perfectly normal for Dhanraj Pillay and Rajinder Singh to have a squabble or two.But the where and why of this argument tell their own story . As coach, Singh has produced results – the Indians have won titles in three of four assignments. It was the scenes played out around the one they didn’t win – the Champions Trophy – that caused the problem.Before the Asia Cup, Singh accused his players of being distracted by “24-hour media,” lacking commitment with some resenting the earning power of others. The defeat thus explained, he then cut off their access to the media. The hockey players are not unduly worried about this infringement on the power of the free press but they now wonder why crises have been created out of nothing.One of them said, “We know why we lost in the Champions – we were jaded, we played badly. But team spirit was not an issue, nor was talking to the media. We can’t figure out what fights the coach is talking about. Or what money.”With victories in Australia and Germany, sports agents signed up a few players who now conduct clinics and show up in schools. They are not given minimum guarantee fees and don’t feature in high-profile ad campaigns yet.advertisementSeptember on, team sponsor Sahara has begun to pay every player a retainer of Rs 25,000 per month-over and above its marketing deal with the Indian Hockey Federation (IHF) worth, some say, Rs 20 crore for eight years. What could one player resent in another who earns the same retainership? Front-page photos? Air time? Indian coaches, however, are not part of this retainership arrangement. The sponsors seemed to believe that the IHF paid the coaches. That would have been historic. The IHF pays for nothing – neither its sins of feudal narrow mindedness nor professional expertise.After the Asia Cup, it has been decided “on approval from the IHF” that Sahara will pay a retainer and incentives to coaches too. This came with a confession: “We knew this had to happen. The moment the players become popular, it bothers others. We want to make them superstars. Youngsters will be attracted to hockey because of players, not coaches,” says its spokesman. Singh’s biggest asset, his players say, is “man-management”. But the volume of debate at the Champions Trophy had, many believe, “rattled” him into lashing out. As Indian hockey enters a brave new world of exposure and accountability to a wider audience, it will have to prepare to have its fault lines unearthed again and again.
“We had practice earlier in the day and I’m pretty much comfortable with the offense, the defense, the players, and the coaching staff,” said Blatche, who arrived in the country early Sunday morning.“It was a quick adjustment for me.”FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingBlatche was also visibly in great shape, a far cry when he arrived in the country for the last Fiba qualifiers in 2016.The former Brooklyn Net played for the Xinjiang Flying Tigers in the Chinese Basketball Association and his commitment with the club was the reason why he had just joined Gilas’ practices. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Blue Eagles misfire, lose confidence in defeat to Tamaraws Sports Related Videospowered by AdSparcRead Next The Fatted Calf and Ayutthaya: New restos worth the drive to Tagaytay Photo by Tristan Tamayo/INQUIRER.netAndray Blatche may have been away from Gilas Pilipinas for much of 2017, and yet the big man felt like he never left.Gilas held a practice session Sunday at Smart Araneta Coliseum in preparation for its game against Japan in the 2019 Fiba World Cup qualifiers where Blatche is once again the team’s naturalized player.ADVERTISEMENT Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Don’t miss out on the latest news and information. LATEST STORIES Malditas save PH from shutout ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims “I feel great, I’m in good shape and this was because I was playing overseas in China,” said Blatche.He added that Fiba’s new home and away format does not bother him, and that the team is focused on winning in wherever country they’re in.“I’m just looking forward to winning, whenever where we at the main focus is winning,” said Blatche. “We’ll go to Japan and get a win, we’ll come back here and get a win, that’s the goal.”ADVERTISEMENT MRT 7 on track for partial opening in 2021 View comments After 30 years, Johnlu Koa still doing ‘hard-to-make’ quality breads Jordan delivers on promise: 2 Cobra choppers now in PH MOST READ Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’
Another poor umpiring decision left the players and commentators stunned during the Indian Premier League match between Kolkata Knight Riders and Mumbai Indians at Eden Gardens in Kolkata on Wednesday.Umpire KN Ananthapadmanabhan called the fifth delivery of 16th over of Mumbai Indians’ innings bowled by KKR paceman Tom Curran ‘No Ball’ for overstepping.However, replays suggested it wasn’t a ‘No Ball’ as Curran’s front foot was well within the line.Also Read – IPL 2018, KKR vs MI: Ishan Kishan lifts Mumbai to 4th on points tableCommentators were left fuming and were surprised not to see the decision overturned despite replays confirming it wasn’t an extra ball.Even Curran and KKR captain Dinesh Karthik rushed to the umpire and requested him if the decision could be overturned but without any success.Former Australia skipper Michael Clarke said with so much of technology in place it was a “disgrace” to see something like that happening in the sport.Thats our job buddy, see it and make a call. Horrible umpiring on this occasion and with all the technology in our game these days it should be overturned https://t.co/1ovnOlac4HMichael Clarke (@MClarke23) May 9, 2018Terrible call! https://t.co/hCsVw5P19dMichael Clarke (@MClarke23) May 9, 2018Also Read – Not easy to be on the line all the time: Rohit Sharma after MI go 4thIncidentally, a controversial umpiring deicision had taken place in the IPL earlier this season during the Mumbai Indians vs Royal Challengers Bangalore game in April.advertisementIn that game, Hardik Pandya got a lucky reprieve in the penultimate over of Mumbai’s innings after the third umpire overturned the decision of the on-field umpire who had ruled Pandya out.Also Read – Ishan Kishan planned to see ball, smack ball before blasting 21-ball 62Chris Woakes had struck to remove Kieron Pollard with the first ball of the 19th over when Pandya walked out to bat. RCB were up in appeal for a caught behind decision and the umpire raised his finger. However, MI chose to review the decision and even though the snickometer showed a slight edge, the TV umpire ruled in favour of the hosts, leaving Kohli agitated.The passionate RCB captain could not believe the decision and shook his head and laughed in clear disdain.Kohli lost his cool after watching the replays on the big screen and was seen having an argument with umpire as he felt his team was hard done by.Put in to bat on Wednesday, MI rode on Ishan Kishan’s 21-ball 62 and Ben Cutting’s 9-ball 24 to post a mammoth 210/6.Ishan, whose innings was laced with five fours and six sixes, brought up his fifty in 17 balls, the joint second-fastest this season. KKR all-rounder Sunil Narine also completed his half-century in 17 balls against Royal Challengers Bangalore in Kolkata.Ishan and skipper Rohit Sharma (36) joined hands for a 82-run partnership for the third wicket off just 34 balls. Rohit was dropped by Nitish Rana on 10, when the team was on 90/2.In the end, Ben Cutting’s 9-ball 24 took MI past 200 as the last over went for 24 runs off Piyush Chawla (3/48).Here’s how the drama unfolded in the 16th over of the Mumbai Indians’ innings:21:19 IST: 15.5: Tom Curran to R Sharma, Goes on the back foot and hits a shortish ball through extra cover. They cross for a run and it has been given a no ball for overstepping. Hang on! The replays roll in and show that it Curran’s front foot was well within the line. Poor Curran! Free Hit!21:21 IST: 15.5: Tom Curran to H Pandya, A full toss on middle, Hardik pumps it over mid-wicket but it doesn’t go all the way. On one bounce to the fielder in the deep and they take a run.
On October 20, I spoke at an Interactive Dialogue of the UN General Assembly about the imminent report of the High Level Panel for Global Sustainability. The Panel, convened by Secretary-General Ban Ki-moon, is charged with articulating a new vision for sustainable growth and prosperity. Its report, due at the end of 2011, will set the tone for intergovernmental action in the coming years, including at the 2012 Rio+20 Earth Summit.With a roster of current and former world leaders (including Mrs. Tarja Halonen, President of Finland and Mr. Jacob Zuma, President of South Africa) the Panel is uniquely positioned to set an agenda for green growth and prosperity. As I say in my remarks below, we already know what we need to do to promote sustainability. The real question lies in how to move forward and overcome both the political and behavioral hurdles that have hampered progress so far. Can the Panel craft a vision that is ambitious, politically realistic, and persuasive to the larger public? We need to retire the misleading formulations – such as the environment versus development. Growth versus limits. Jobs versus public health. Our narrative must make clear that growth, security, equity and most importantly poverty alleviation are all possible in the pursuit of sustainability. By 2025, 1.8 billion people will be living in countries or regions with absolute water scarcity, and two-thirds of the world population could be under water stress conditions.When it comes to climate change, 2010 was tied with 2005 as the warmest year on record. The concentration of CO2 in the atmosphere already exceeds 390ppm when many scientists argue that the threshold should be 350 ppm.If we are already exceeding the limits on what the planet can sustain given the size of today’s economy, how will the planet be able to cope with the global economy in 2050 when it will be four times as large as today?A former colleague of mine, Robert Repetto, summed up this challenge by saying: “If you believe that we can continue to grow the economy exponentially over the next 50 years without hitting nature’s limits, then you’re either a madman or an economist.”2. The Politics of SustainabilityThe unique contribution of this report will not lie in answering questions of “what”? Such as: what reforms need to occur in agriculture, water or other sectors to promote sustainability? Or: what new skills are needed or what new institutions need to be established? Many others are tackling such technical questions. And I suspect there is actually not much new to be said here.The real contribution is in the “how”. How do we get difficult reforms to actually happen? How do we navigate entrenched interests and established norms of behavior?This focus allows the panel to leverage its greatest asset – which is that its members are current or former elected political leaders. They can speak legitimately about how to overcome the political hurdles in advancing sustainability.Here are examples of the issues that I believe the report needs to address:Tradeoffs:One of biggest challenges is managing tradeoffs – tradeoffs between groups, between the short-term and the long-term, between geographies, between generations. How do we make those tradeoffs? And how do we ensure that there these tradeoffs are “politically sustainable” – that constituencies support difficult decisions over time?Our experience suggests that providing information and engaging the public improves the quality, legitimacy and durability of decisions. The tradeoffs of any decision become clearer when informed stakeholders are brought to the table. A concrete and important recommendation to come out of this report would be to improve public access to information, participation and justice. It’s a fitting time to advocate for widespread adoption of these access rights, which were enshrined at the Earth Summit in Rio 20 years ago.Transitions:There will be losers. How they are dealt with, whether they are dealt with fairly is critical to advancing sustainability. The transition from a high-carbon to low carbon growth path is the stated goal of many countries. How can countries transition the people working in these industries, and the related financial interests behind them, to new growth opportunities?The Panel must describe ways in which countries can make this transition successfully, to fairly deal with those who are affected, by providing real-world examples of what works.3. PersuasionAs I look around this room, I imagine that it is a fairly receptive audience – people who understand the stakes involved, and the critical need for a path forward to sustainability. But when I travel to many places in the world, people have very different perspectives, beliefs and priorities.Of course you know this. But my point is: we need to focus much more on messengers and narratives. No matter how compelling the evidence and arguments in the report, the world will not budge without diverse and credible messengers who can articulate unforgettable narratives.All too often we talk about sustainability in ways that appeal to environmentalists but not to the mainstream. We preach to the choir. For this report, we need to enlist unexpected voices that come from unlikely sectors. Frankly, I believe that the messengers are more important than the message. We need support from those who have the ability to persuade those who we cannot persuade – representatives from business, the faith and scientific communities, farmers, and young people. And of course we need civil society organizations.How can we be more effective in re-framing the narrative around sustainability – as critical for reducing poverty, creating jobs and catalyzing growth? How do we engage voters and consumers sitting on the fence who are not committed to sustainability?We also need to retire for good the misleading formulations – such as the environment versus development. Growth versus limits. Jobs versus public health. Our narrative must make clear that growth, security, equity and most importantly poverty alleviation are all possible in the pursuit of sustainability.We are seeing more and more people take to the streets to have their voices heard about inequity and unacceptable imbalances in power and economics. From the Arab Spring to Liberty Square in this city, there is a thirst for a new world.These social and political movements remind me of a quote from Nelson Mandela that applies well to the challenges before us: “It always seems impossible until it’s done.” Recently, the Martin Luther King Memorial opened near my home in Washington, DC. Dr. King profoundly changed the history of the United States. His brilliance was his ability to articulate a clear, bold vision for equality – a vision so compelling that it moved both people and institutions to an entirely different place.I hope the Global Sustainability Panel articulates a similarly bold and compelling vision for sustainability – a vision that is able to move political and business leaders to see sustainability not as a necessary cost but as essential to reducing poverty and stimulating growth.Turning to the forthcoming report, I would like to make three points that I believe will be critical if the Panel is to fulfill its mandate:1. AmbitionThe Report must be bold given the scale and urgency of the issues. We live in a US$63 trillion global economy and we are already severely damaging the ecosystems on which all life depends. The Millennium Ecosystem Assessment – a 5 year global study conducted under the auspices of the UN – found that approximately 60% of the world’s ecosystems are being degraded or used unsustainably.
COLUMBUS, OH – NOVEMBER 26: A general view of Ohio Stadium prior to the game between the Michigan Wolverines and Ohio State Buckeyes on November 26, 2016 in Columbus, Ohio. (Photo by Jamie Sabau/Getty Images)On Thursday afternoon, Ohio State announced athletic director Gene Smith will be leaving for a one-week vacation. This news comes in the midst of the school’s investigation into how Urban Meyer handled domestic violence allegations against one of his former coaches.It’s interesting timing for the AD of a major program to go on vacation – especially during an investigation into the program’s head football coach. However, one college football reporter revealed Smith will be available during his vacation.Kyle Rowland of the Toledo Blade, reported that while Smith is gone he will be available to speak with the investigative team.“Gene Smith is taking a week of vacation and is out of the office. He is available to speak with the investigative team,” the school said in a statement to Rowland.Ohio State Univ. spokesman tells me “Gene Smith is taking a week of vacation and is out of the office. He is available to speak with the investigative team.” The university “can’t comment further during the pending investigation.”— Kyle Rowland (@KyleRowland) August 10, 2018Ohio State set a two-week timeline for the investigation, which suggests a conclusion will be reached by mid-August. Meanwhile, Ohio State placed Urban Meyer on paid administrative leave, where he remains during the investigation.Meyer is not allowed to have any communication with the team during his absence. Ryan Day assumed interim head coaching duties while Meyer remains on leave.
Story Highlights Prime Minister, the Most Hon. Andrew Holness, says the police force will be making greater use of intelligence in addressing crime, moving away from the over-reliance on hard policing.As such, he said, increased focus will be placed on information gathering, data analysis and strategic planning, “to give them a more targeted approach to separate the criminals from the law-abiding citizens”.The Prime Minister was addressing the opening ceremony of a two-day Multilateral Crime Summit at The Jamaica Pegasus hotel in New Kingston on Thursday (June 15).He noted that the intelligence approach is even more important as the security forces ramp up their anti-crime measures to deal with the spike in the murder rate, which the Prime Minister said is of “grave concern” to the Administration.He said the Government will ensure that as it goes after criminals, the human rights of Jamaicans are protected and respected.“We will not compromise on that; we have to ensure that confidence is not eroded,” he assured.In the meantime, the Prime Minister welcomed the advice put forward by international experts in the security field, who, during the Summit, shared the various intelligence-driven strategies they employed in tackling crime in their countries.They are former New York Police Department (NYPD) Commissioner, Raymond Kelly; and Security and International Cooperation Advisor for Colombia’s Ministry of Foreign Affairs, and former Head Chief General of the Colombian National Police, General Rosso José Serrano.The Summit, which is focused on ‘Combatting Crime in an Interconnected World’, is being put on by the Ministry of National Security, in partnership with the Canadian, Colombian, European Union (EU), United Kingdom (UK), and United States (US) Governments.It seeks to produce actionable opportunities to strengthen intelligence sharing at the community, national and international levels, in order to dismantle criminal organisations.The key outcomes for the Summit will include action plans resulting from the sharing of intelligence to boost cybersecurity, combat gang activity and fight the trafficking of drugs and firearms.A variety of experts from participating countries will also provide case studies and insight on combatting transnational criminal organisations during the event. Prime Minister, the Most Hon. Andrew Holness, says the police force will be making greater use of intelligence in addressing crime, moving away from the over-reliance on hard policing. He said the Government will ensure that as it goes after criminals, the human rights of Jamaicans are protected and respected. As such, he said, increased focus will be placed on information gathering, data analysis and strategic planning, “to give them a more targeted approach to separate the criminals from the law-abiding citizens”.
zoom Canada’s shipbuilder Chantier Davie Canada has signed a cooperative agreement with Aecon Atlantic to work on marine-related projects aimed at providing greater geographical reach and flexibility, as well as sharing skills and knowledge on joint programs.Through the agreement the companies plan to combine fabrication capacities to increase speed and cost of delivery for major marine commercial and naval programs, as well as to produce and assemble ship sections at multiple sites.Alan Bowen, CEO of Davie, said: “On our existing newbuild programs at Davie, we have built entire ship sections at six third-party facilities for assembly at Davie. This modern production methodology, which ensures a faster and therefore more cost-effective program delivery, is what allows us to compete internationally in the ship export market. Aecon Atlantic Pictou Shipyard facility is well-placed to provide support on our current and future newbuilding and repair programs. We are already working with Aecon, who are a key subcontractor to Davie on its existing newbuilding program.”Press Release
WEST VANCOUVER, B.C. – Students in British Columbia’s public schools could have another option for language studies, if a new campaign is successful.The Farsi Dar B.C. campaign is aiming for Farsi, also called Persian, to be added to the list of nine languages included in the Education Ministry’s policy covering second-language requirements for Grades 5 through 8.Farsi is spoken in Iran, Iraq, Afghanistan and some Persian Gulf states, and the latest Canadian census shows it is the mother tongue of more than 43,000 residents in B.C.More than 28,000 people in the province consider it their first language at home.Amir Bajehkian, founding member of Farsi Dar B.C., considers those numbers low.“A lot of the people here, they don’t really declare their language in the Stats Canada census,” he said in an interview.“We believe that is more like 70- to 90,000 Iranians and 20- to 30,000 Afghans just in the Lower Mainland.”But even at the lower estimates, the census data show Farsi is spoken more frequently in B.C. than French, German, Italian, Spanish or Japanese.Those five languages, as well as Mandarin, Punjabi, Korean and American Sign Language, are included in the list of languages approved for the B.C. school curriculum, and Bajehkian said it’s time Farsi was also acknowledged as well.“It’s kind of heartbreaking to see kids who were born here cannot really learn the language as much as they would love to.”Adding the language to the B.C. curriculum would also be a small step toward sharing a long and respected history,” he said.“The non-Persian speaking community does not get the opportunity to get to know the culture, heritage and literature as much as I think it deserves,” Bajehkian said, adding Farsi was a key part of the Mughal empires that ruled the Indian sub-continent for over 300 years, ending in the mid-1800s.“For a period it was the official language of the Mughal courts in India. Many of the elders of the Punjabi community still speak the language and can recite poetry in Persian.”Some local school board representatives, provincial politicians and municipal election candidates turned out Sunday at a public information session to support adding Farsi to the language policy, Bajehkian said.Members of the Farsi Dar B.C. campaign also met with Education Minister Rob Fleming last year.The next step is to assess interest locally and gather numbers of students who might enrol, especially in specific districts, Bajehkian said.
REGINA, S.K. – Saskatchewan Premier Scott Moe is calling on the Prime Minister to get tough with British Columbia over its opposition to the Trans Mountain oil pipeline expansion.Moe says Justin Trudeau’s Liberal government should withhold sending federal infrastructure money to B.C.He says it has been a month since Trudeau met with B.C. Premier John Horgan and Alberta Premier Rachel Notley in Ottawa and the federal government has not introduced legislation to help get the project built. Moe made the remarks on his Facebook page Tuesday and later expanded on them at the legislature in Regina.The $7.4-billion Trans Mountain project would triple the flow of heavy oil from Alberta to Burnaby, B.C.Kinder Morgan, the company behind the pipeline, has warned it will pull the plug by May 31 if hurdles to the project remain.Moe says time is running out and Ottawa should take action.“The Prime Minister has spent the last two weeks announcing nearly $200 million in funding to Toyota, Rio Tinto, and Alcoa in Quebec and Ontario, while only paying lip service for the last year and a half to Trans Mountain, on which tens of thousands of western Canadian energy sector jobs depend,” he wrote on Facebook.“The Prime Minister can act now and make use of tools available to his government, like withholding of infrastructure funding to British Columbia to get this pipeline built.” At the legislature, Moe says Saskatchewan will be putting forward proposals to reform Canada’s equalization payment system.He says Saskatchewan needs to get its agriculture, energy and other products to market if its economy is to continue to grow.Moe says without better market access Saskatchewan may not be able to continue contributing to equalization. He notes the province contributed $580 million to the program that benefits have-not provinces last year.“I think it is time for us to look at this formula of equalization to ensure that provinces such as Saskatchewan can continue to be contributors, ” he said. Moe declined to give examples of the changes Saskatchewan will seek to the federal equalization program but says his government will discuss them with other provinces in the months ahead.Speaking in Calgary, Trudeau says his government is looking at legislative, legal and financial avenues to get the federally-approved Trans Mountain project moving.But Trudeau says he won’t negotiate in public.(THE CANADIAN PRESS)
Burning is expected to take place in the following areas over several months this winter and spring when venting windows are available:Along the Highway 29 realignment area at Halfway River.Along the reservoir on both banks of the Peace River: Moberly River drainage area; lower and eastern reservoir areas (from the dam site to Cache Creek); middle reservoir area (from Cache Creek to Halfway River).At sections of the 75-kilometre transmission line right-of-way between the Site C dam site and the Peace Canyon Dam.At the Portage Mountain and West Pine quarries.Burning takes place during weather periods known as venting windows. These are periods with the right weather conditions to disperse smoke, as set by the Ministry of Environment.More information can be found on the Site C Project’s website. FORT ST. JOHN, B.C. – B.C. Hydro has announced that clearing and debris management is underway in various Site C project areas.B.C. Hydro says good quality wood will be sent to local mills, while the debris will either be mulched, chipped, or burned on site.“Merchantable trees of sufficient size, quality and volume that are suitable for harvest will be hauled to local mills. The remaining wood waste may be chipped, mulched, spread as coarse woody debris or burned on site.”
Mumbai: The liquidity crisis has crimped credit growth for housing finance companies (HFCs) and is unlikely to improve much in FY20, even as the weak external environment will put a pressure on asset quality, warns a report. HFCs are expected to report a 13-15 percent credit growth in FY19, which will inch up to 14-16 percent in next fiscal year, ratings agency Icra has said in a weekend report. Aggravating the difficulties will be a likely pressure on the asset quality front due to the weak operating environment, it warned. “Discussions with some HFCs reveals that their stock of repossessed assets has also increased, due to the lower saleability of those assets leading to an elongated recovery time,” it explained. Gross non-performing assets (NPAs) of the home loan segment will increase to up to 1.3 per cent in the medium term from the present 1 per cent levels, it said. If we include project loans, their overall NPAs will shoot up to 1.8 per cent in the medium term from the present 1.4 percent, it said. The ongoing troubles will result in a narrowing of margins and accordingly, a moderation of profit levels to 14 per cent levels in FY19 from 18 per cent in the year-ago period, it said, adding it expects bottomline to be at the same levels in FY20 as well. It can be noted that the mortgage finance sector has been considered as one of the safest bets for financiers in the last few years, as the segment has been largely resilient. The agency said key factors to monitor from a credit quality perspective arehome loans extended to borrowers where the underlying projects have been significantly delayed and under-construction properties sold by builders under subvention schemes or buyback/assured return schemes, its vice-president Supreeta Nijjar said. Following the September 2018 liquidity crisis triggered by the bankruptcy of IL&FS, with a slowdown in the HFCs’ credit growth, banks have been quick to seize the opportunity, the agency said. The housing loans portfolio for HFCs and other shadow banking lenders came down to 13 percent from 18 percent in the year-ago period, while the overall housing credit outstanding growth also narrowed down to 16 percent from 18 percent, it said. HFCs are resorting to curbing their disbursements and also portfolio sell-downs to meet their funding requirements following the liquidity squeeze, it said. It can be noted that the events following the defaults started by infra lender IL&FS in August last year have resulted in a liquidity crisis for the NBFCs segment. While the squeeze has subsided, players complain about high cost of funds. Experts attribute the troubles at the NBFCs to asset liability mismatch, where short term borrowings are used to fund long term assets. The rating agency said most HFCs have started strengthening their liquidity buffers to meet any sudden market disruptions and near-term debt obligations. It said the proposed National Housing Bank amendments in capital adequacy, deposit mobilisation and leverage norms are positives for HFCs.
New Delhi: Senior party leaders of Delhi BJP on Tuesday said that they are working on a new list of probable candidates to send to the party High Command. This comes after some members of the central leadership reportedly sent back the first list sent by the BJP state election committee on Friday last, which proposed 21 probable candidates for the seven seats in the Capital city.Sources familiar with developments within the state unit have confirmed that out of 15 members of the state election committee, 12 have listed themselves as probable candidates. This includes all seven sitting MPs, three party general secretaries, Rajya Sabha MP Vijay Goel, and LoP in Delhi Assembly Vijender Gupta. Also Read – After eight years, businessman arrested for kidnap & murderHowever, when asked about why the central leaders might have asked to rework the list, Delhi BJP President Manoj Tiwari denied that any such list had been prepared or sent to the central unit of the party as of yet. He said that the state election committee is still shortlisting the probable candidates for recommendation. Moreover, BJP spokesperson Harish Khurana denied reports of the party High Command being unhappy with the state leadership’s list. He said that the central leadership is not disappointed with the list. “In fact, they have just asked for a more succint list from the state election committee,” Also Read – Two brothers held for snatchingshe said. Defending these party members, Delhi BJP spokesperson, Ashish Sood said, “All party members have a right to claim a ticket in the Lok Sabha elections and they just seem to have exercised that right.” Speaking to the Millennium Post, Delhi BJP leader Sood added that this move by the central leadership is probably being made so that they can consider all possible names that could help the party win in the upcoming polls. “More than individual candidates, it is important to make sure the party gets elected again,” he said.
The Council had been expected to vote on the resolution today but will now consider the text at its next session, scheduled to take place in March 2010 in Geneva.Zamir Akram, a representative of Pakistan, told the 47-member Council that the co-sponsors of the resolution – the Organization of the Islamic Conference (OIC), the Arab group, the African group and the Non-Aligned Movement (NAM) – had requested that discussion of the resolution be deferred until the next session to allow more time for members to consider the contents of the fact-finding probe.That investigation, headed by Justice Richard Goldstone, found evidence that both Israeli forces and Palestinian militants committed serious war crimes and breaches of humanitarian law, which may amount to crimes against humanity, during the conflict in December 2008 and January 2009.Presenting his report to the Council at the start of this week, Justice Goldstone called for an end to impunity for those found to have committed human rights violations.“It is accountability above all that is called for in the aftermath of the regrettable violence that has caused so much misery for so many,” he said.Justice Goldstone urged the Council to implement a number of measures, including a referral of the mission’s report to the Security Council, since neither the Government of Israel nor the responsible Palestinian authorities have so far carried out any credible investigations into alleged violations.Apart from Justice Goldstone, a former chief prosecutor of the International Criminal Tribunals for the former Yugoslavia and Rwanda, the other members of the fact-finding team are: Christine Chinkin, Professor of International Law at the London School of Economics and Political Science at the University of London; Hina Jilani, Advocate of the Supreme Court of Pakistan and former Special Representative of the Secretary-General on Human Rights Defenders; and retired Colonel Desmond Travers, member of the Board of Directors of the Institute for International Criminal Investigations (IICI).Today the Council wrapped up its current session by adopting another six resolutions and one decisions on issues ranging from the situation in Myanmar and the adverse effects of the dumping of toxic wastes.During this session the Council also appointed Pakistan’s Farida Shaheed as Independent Expert in the field of cultural rights and Tanzania’s Mohamed Chande Othman as Independent Expert on the situation of human rights in Sudan. The mandates of the Special Rapporteur on Cambodia and the Independent Expert on Somalia were extended by one year. 2 October 2009The Human Rights Council today decided to defer action on a draft resolution concerning the report of the recent United Nations fact-finding mission on the Gaza conflict at the start of this year.
According to unconfirmed reports received by the Office of the High Commissioner for Human Rights (OHCHR), the Yemeni army, Republican Guards and other Government-affiliated elements forcibly destroyed the protest camp in Horriya Square in Taiz using water cannons, bulldozers and live ammunition. “Such reprehensible acts of violence and indiscriminate attacks on unarmed civilians by armed security officers must stop immediately,” High Commissioner Navi Pillay said in a news release. “I urge all sides to cease the use of force and I remind the Government of its responsibility to ensure that the fundamental human rights of its citizens are protected.” Secretary-General Ban Ki-moon voiced his grave concern at the violence in Taiz as well as the escalating fighting in the capital, Sana’a, and other cities. “He urges the Government and tribesmen engaged in violent confrontations in Sana’a to return to an immediate ceasefire allowing negotiations to take place,” Mr. Ban’s spokesperson said in a statement.“The Secretary-General believes that all Yemenis should work towards defusing tensions and come together in a spirit of national unity for the sake of peace and stability in Yemen.”In addition to the deaths and injuries in Taiz, at least 100 people are believed to have been arrested there over the weekend, while dozens remain unaccounted for. Ms. Pillay called on the Government to investigate cases of disappearances and the reports of ill-treatment, torture and killings, and to bring perpetrators to justice. She also noted reports that security forces had occupied Al-Safa hospital in Taiz, that the field clinic in Horriya Square had been burned and that there was little or no access to emergency medical care. “Adequate humanitarian access must be provided to all who need it – the Government is obliged to ensure this,” she said. “Medical staff and facilities must never be targeted by security forces.” Last week OHCHR called on the Government to stop its deadly crackdown amid the renewed fighting which began after Yemen’s President, Ali Abdullah Saleh, refused for a third time to sign a deal to transfer power amid the pro-democracy protests that began earlier this year.Ms. Pillay also voiced concern about reports of civilian casualties, including children, and mass displacement in the southern coastal town of Zinjibar. “Further violence will only yield more insecurity and move the country further away from a resolution to this political crisis,” she stressed. “I urge all parties to continue efforts aimed at finding a peaceful solution to this conflict. The bloodshed must stop.” 31 May 2011United Nations officials today spoke out against the excessive use of force against anti-Government protesters in Yemen, where more than 50 people have reportedly been killed since Sunday in the city of Taiz and hundreds more have been injured.
“You can be sure that it is a resolution that does not fight the battles of the past but is forward looking, a resolution that will unite the international community to help the people of Iraq to a better life and to build a new government,” Mr. Powell told reporters after his meeting with the Secretary-General at UN Headquarters.Mr. Powell also indicated that the resolution would lift the sanctions currently imposed on Iraq. “I think it’s a resolution everybody will be able to rally around, and it is also a resolution that will give…the Secretary-General and the United Nations…the vital role [to play] that President [George W.] Bush has spoken of,” he added.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Nordion Inc. launches review of strategic alternatives, hires Jefferies & Co. by Craig Wong, The Canadian Press Posted Jan 28, 2013 2:22 pm MDT OTTAWA – Shares of Nordion Inc. (TSX:NDN) were given a boost Monday after the medical isotope company launched a review of strategic alternatives and reported better than expected financial results.Nordion cautioned that there could be no assurance anything would come of the process, but strategic reviews are often seen a prelude to the sale of a company.Nordion chief executive Steve West said the review, being conducted with the help of investment firm Jefferies and Co., is in its early stages.“Throughout the process, we plan to remain focused on operating the business and executing our planned business strategy,” West told a conference call with investment analysts.“Our plan is to work through this process in a measured and responsible manner with a view of enhancing shareholder value and creating new opportunities for the company.”The company did not provide a timeline to complete the process.The review comes as Nordion, which keeps its books in U.S. dollars, reported a fourth-quarter loss of US$43.5 million or 70 cents per share. hit by costs related to its legal battle with Atomic Energy of Canada Ltd. and an internal corruption inquiry and investigation of a foreign supplier.The loss compared with a profit of $6.9 million or 11 cents per share a year ago.Revenue for the quarter ended Oct. 31 totalled US$74.7 million, up from $74 million.Excluding one-time items, including $24.1 million in litigation accruals and $35.4 million related to deferred tax assets, the company said it earned $21.4 million or 34 cents per share, up from $18.7 million or 30 cents per share a year ago.Analysts on average had expected a profit of 34 cents per share, according to data compiled by Thomson Reuters.“Nordion capped off the fiscal year with solid fourth-quarter operational results, as revenue and gross margins strengthened across the business,” West said.“While we continue to work through some uncertainty, we made progress during the quarter, completing the organizational realignment, thereby positioning the company for improved execution.”In its outlook for 2013, the company said it expected revenue and gross margin to decline.The drop, combined with investments in its TheraSphere liver cancer treatment and an increase in pension costs, are expected to result in a significant drop in segment earnings.Nordion said it also expects first quarter revenue to be significantly lower than the fourth quarter.RBC Capital Markets analyst Douglas Miehm rated Nordion an “underperform” with “above average risk.”“We note low corporate expenses, one time profits from a medical isotopes client and strong margins in sterilization contributed to the outperformance,” Miehm wrote of Nordion’s fourth quarter in a note to clients.“The 2013 guidance was relatively in line with our forecasts except for higher legal expenditures and lower research and development costs.”The company lost a long-standing battle with AECL last September when an arbitrator ruled against Nordion in a contract dispute over the Maple nuclear reactors.The twin reactors were to be a major source of isotopes used in medical imaging, but AECL — a federal Crown corporation — decided to pull the plug on the project, which was over budget and years behind schedule.Nordion said Monday that it may be responsible for part of AECL’s $46-million legal bill related to the arbitration.However, Nordion said it is going ahead with a lawsuit against AECL in the Ontario courts in connection with its contract with the company.Nordion amended the lawsuit earlier this month.“Taking into consideration the analysis of the decision by the arbitrators, the amended claim no longer includes the Government of Canada,” West said.The company also reduced the amount being sought by the lawsuit to $243.5 million from $1.6 billion.A trial is not expected to begin before mid-2014.Nordion sells medical isotopes that are used in cancer tests and treatment as well as medical imaging.Shares in the company were up 72 cents at C$7.15 in morning trading Monday on the Toronto Stock Exchange.
WASHINGTON – A bipartisan budget bill that would ease some but not all of painful budget cuts that would otherwise slam the Pentagon and domestic agencies passed a pivotal test in the Senate on Tuesday.The Senate advanced the measure over a filibuster threshold on a 67-33 vote that ensures the measure will pass the Democratic-led chamber no later than Wednesday and head to the White House to be signed into law.Top Senate Republicans opposed the bill but didn’t try to engineer its defeat. It won sweeping GOP support in the House in a vote last week.The measure would ease some of the harshest cuts to agency budgets required under automatic spending curbs commonly known as sequestration. It would replace $45 billion in scheduled cuts for the 2014 budget year already underway, lifting agency budgets to a little more than $1 trillion, and it also would essentially freeze spending at those levels for 2015. It substitutes other spending cuts and new fees to replace the automatic cuts and devotes a modest $23 billion to reducing the deficit over the coming decade.It would also stabilize a broken budget process after a partial government shutdown in October that inflicted political harm upon Republicans. The GOP has since rebounded because of the much-criticized roll-out of Obama’s health care law and the party wishes to keep the focus on that topic rather than Washington political brinksmanship.“This bipartisan bill takes the first steps toward rebuilding our broken budget process. And hopefully, toward rebuilding our broken Congress,” said Budget Committee Chairman Patty Murray, D-Wash., who negotiated the measure with House Budget Committee Chairman Paul Ryan, R-Wis., his party’s vice-presidential nominee last year. “We’ve spent far too long here scrambling to fix artificial crises instead of working together to solve the big problems we all know we need to address.”Twelve Republicans voted with Democrats to advance the measure over a 60-vote filibuster threshold demanded by GOP leaders.Announcements Monday by Republican Sen. Orrin Hatch of Utah and Georgia Sens. Johnny Isakson and Saxby Chambliss, as well as a strong hint by Sen. John Hoeven, R-N.D., that they would back that step appeared to seal enough GOP support to advance the measure. Sen. Ron Johnson, R-Wis., whose home-state GOP colleague Ryan was a top negotiator on the bill, swung behind it Sunday.Other Republicans voting to advance the measure included Roy Blunt of Missouri, Rob Portman of Ohio, Lamar Alexander of Tennessee, and John McCain and Jeff Flake of Arizona. Some Republicans, like Alexander and Blunt, said they would oppose the measure on final passage. Flake says he’s a “lean ‘no’” as well.“Sometimes the answer has to be yes,” Hatch said. “The reality is that Republicans only control one-half of one-third of government. Ultimately, this agreement upholds the principles conservatives stand for and, with Democrats controlling the White House and the Senate, it is the best we could hope for.”Most Senate Republicans opposed the legislation despite the sweeping GOP support it enjoyed in the House last week. But the top Senate Republican, Mitch McConnell of Kentucky, opposed the measure. He is embroiled in a primary with a tea party challenger, businessman Matt Bevin and said he wants to preserve hard-won spending cuts he helped engineer in a 2011 budget deal..“For the first time since the Korean War, government spending has declined for two years in a row,” McConnell said in a statement. “This was hard-won progress on the road to getting our nation’s fiscal house in order. We should not go back on that commitment.”In an episode that illustrates the dilemma facing GOP leaders trying to burnish their conservative credentials as they face tea party-backed challengers, the Senate’s No. 2 Republican, John Cornyn of Texas, announced his opposition Monday morning on his campaign’s website — a step his Senate office was unwilling to take. It was later deleted after reporters from The Associated Press asked for confirmation of a Cornyn quote that appeared on the conservative Internet site Breitbart.com.“Senator Cornyn opposes this budget deal because it breaks previously set spending caps and goes in the ‘wrong direction’ with regards to entitlement spending,” according to the post. On Monday, his Senate spokeswoman, Kate Martin, would only say that Cornyn would take “a close look” at the measure and is “concerned” that it reverses some of the spending cuts won in a hard-fought 2011 budget pact.The silence of GOP leaders was taken by Democrats and Republicans alike that McConnell and Cornyn were in the “vote ‘no,’ hope ‘yes’” camp. That’s a derogatory term sometime employed by conservative critics who blast Republicans for voting a tea party line when it’s clear they actually prefer an opposite result.Nobody is claiming the pact worked out between the Ryan and Murray is perfect. It eases $63 billion in scheduled spending cuts over the next two years and replaces them with longer-term savings measured over 10 years, many of which don’t accumulate until 2022-23. Deficits would increase by $23.2 billion in 2014 and by $18.2 billion the year after that.But the deal would put a dysfunctional Washington on track to prevent unappealingly tough cuts to military readiness and weapons, as well as continued cuts to programs cherished by Democrats and Republicans alike, including health research, school aid, FBI salaries and border security. The cuts would be replaced with money from, among other things, higher airline security fees, curbs on the pension benefits of new federal workers or working-age military retirees, and premium increases on companies whose pension plans are insured by the federal government.It would also forestall for three months a 24 per cent cut in Medicare physician payments to give top lawmakers time to try to permanently update an outdated 1997 budget law instead of piecemeal fixes every year.But the measure was opposed by groups representing military retirees, who attended a news conference with bill opponents just minutes before the vote.“We’re keeping the government open and screwing all military retirees,” said Sen. Lindsey Graham, R-S.C.Graham predicted the military retirement provision will be changed by Congress before it takes effect. “We’re going to win the war,” he told the representatives of veterans groups at a news conference before the vote. McCain said the issue will be looked at next year.Portman said he had been told the provision would be changed, and said, “that gives some of us some comfort.” AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Senate moves bipartisan budget bill toward final congressional passage, presidential signature by Andrew Taylor, The Associated Press Posted Dec 17, 2013 12:22 am MDT
Commercial vehicle manufacturing stable in 2016, with -0.6% decline in volume.Production for export drives output, as demand rises 16.2%.Vast majority of exports destined for Europe, accounting for 94.7% of overseas demand. British commercial vehicle manufacturing remained broadly steady in 2016, with a small -0.6% decline, according to figures released by the Society of Motor Manufacturers and Traders. 93,924 vans, trucks, buses and coaches were built in Britain last year, driven by booming foreign demand.The number of CVs produced for export grew 16.2%, accounting for 58.4% of production and the largest proportion in seven years1. Europe remained by far the sector’s top trading partner, with 94.7% of commercial vehicle exports destined for customers on the continent, followed by Asia, which took 3.2%.Mike Hawes, SMMT Chief Executive, said,With Europe accounting for more than nine out of every 10 commercial vehicles we export, it is clear that maintaining a beneficial trading relationship with the EU is critical. Safeguarding tariff- and impediment-free trade, for both vehicles and components, will be critical to the future strength of our important commercial vehicle manufacturing industry. In 2009 77.5% of commercial vehicle production was for export.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
Military veterans are struggling to adapt to civilian life, a charity has warned, as former service personnel criticised the Ministry of Defence’s “tick-box” support. Many working-age service leavers feel “undervalued by society and misunderstood by civilians” with the resettlement process failing to address their lost sense of belonging, the study by Ssafa, the Sailors, Soldiers and Airmen’s Families Association, found.. The charity surveyed over 1,100 former service personnel between the ages of 18 and 49, for a new report titled The Nation’s Duty: Challenging society’s disservice to a new generation of veterans. Over three quarters of those polled (77 per cent) – all of whom had sought help from the charity – said they felt they were not fully prepared for civilian life with 19 per cent saying the resettlement package failed to provide them with suitable skills or qualifications to find a job. Sir Andrew Gregory, SSAFA’s Chief Executive, said: “Support for the Armed Forces means more than just supporting them during active duty, it means creating a welcoming environment for them to re-enter when their time is served.” “The absolute majority of people who served in the Armed Forces return to fulfilling lives enriched by the experience. We are not all heroes and we are not all broken by service,” he said in his valedictory speech earlier this month.Gemma Morgan, an army veteran, told the Telegraph: “The military puts huge effort into creating a separate society, a separate fighting force, for good operational reasons,” she added, “but sometimes the real world can be more complicated and there is often a reverse culture-shock and loss of that sense of belonging once someone leaves”.She blames the “tick-box exercise” of resettlement for not properly allowing veterans to create a new sense of purpose after their service. Instead of just writing CVs, those leaving military service “need the space to decompress away from the team to ask ‘who the hell am I?’” says Ms Morgan. “If you still see yourself as a soldier after you’ve left, you’ll never transition.”“The infrastructure is there so it’s just the content that needs to change. This can be a quick win and we need to start doing it properly for the sake of the veterans.”Speaking exclusively to the Telegraph, Mark McDonald, a veteran of 23 years service, revealed how he needed help transitioning back into civilian life having been diagnosed with Multiple Sclerosis in 2005. “Once you leave the gates you’re on your own unless you ask for help,” he said, “and pride can be a problem sometimes.” Sir Stuart Peach has said wider society has too simplistic a view of those that had served their country.Credit:Mark Rawlings/PA The infrastructure is there so it’s just the content that needs to changeArmy veteran Gemma Morgan The report comes in the wake of comments by the outgoing Chief of the Defence Staff, Sir Stuart Peach, who said wider society has too simplistic a view of those that had served their country. “My pride got in the way of me asking for a mobility scooter, but my wife talked me into it. Now I can do the shopping or go with my son to watch his football matches.”He was shocked and angry to be told that as a former soldier his local authority wanted to do extra checks as part of his application to foster his son, in case he had been “institutionalised”.“Did they think I’d have my child marching up and down outside the house?” he asked. “Would they do this with a former policeman or ambulance driver?”Ssafa helped Mr McDonald with his financial planning after being medically discharged in 2013. He feels service leavers should receive such help as standard on resettlement courses.“In the military all your bills for food, accommodation and tax come out of your pay before you get it. It sounds basic but if you don’t know how to organise yourself with money you can easily end up thousands of pounds in debt.” Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.