Home » Archive by category fofabvlic

Hugo Boss earnings up after it saw strong sales in Asia

first_img GERMAN fashion group Hugo Boss yesterday raised its 2010 outlook after a faster-than-expected recovery in the luxury goods market, together with its strategy of opening more stores, helped it beat third-quarter forecasts.After a sharp downturn, the luxury market has started to recover in 2010, driven by tourist shoppers from emerging markets such as China. In its third quarter, Hugo Boss saw EBITDA jump 42 per cent to €150m (£132m).It now forecasts operating profits will be 20 per cent up on last year, against earlier estimates of between 10 per cent and 12 per cent.“Suits seem to fly off hangers,” the Frankfurt-based trader said.Its shares have gained 79 per cent this year as prospects for the luxury sector have improved.A spokeswoman said Hugo Boss was satisfied with all of its markets and was aiming to open up to 60 of its own shops in 2010, which would take the total to 425.Hugo Boss, majority-owned by private equity company Permira, said third-quarter results were driven by its growing retail business and a Chinese joint venture with franchise partner Rainbow, which it intends to use to boost its retail presence in the Asia/Pacific region.It said it would give more details in its nine-month results, to be published on 2 November. Last week, chief executive Claus-Dietrich Lahrs said that luxury markets might bounce back much faster than previously thought. Hugo Boss earnings up after it saw strong sales in Asia KCS-content whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img Tags: NULL Share Show Comments ▼ Thursday 14 October 2010 8:24 pm whatsapplast_img read more

Continue reading

Japan to buy a fifth of euro bonds at sale

first_img Japan to buy a fifth of euro bonds at sale Share whatsapp whatsapp Tuesday 11 January 2011 8:24 pm JAPAN says it will buy a fifth of the gilts on offer at a planned auction of region-wide Eurozone bonds (or “e-bonds”) later this month.The comments, made by finance minister Yoshihiko Noda, sparked a rally in the euro versus the yen, with traders speculating that Japan would have to load up on the single currency to make the purchases.However, analysts expect the relief for the euro to be short-lived. Japan has $1 trillion in foreign reserves already and will only require a few million to make its purchase.The e-bonds are going on sale to fund the European Financial Stability Facility in an attempt to boost confidence in politicians’ commitment to the Eurozone. But with a rescue for Portugal looming, likely to cost a similar amount to Ireland’s €85bn (£70.6bn) package, the region’s bailout resources will also be grateful for the boost.E-bonds are seen to be good investments because they deliver higher yields than French or German gilts but have the backing of Europe’s most stable economies.Despite Japan’s move, economists are pessimistic. An update from Capital Economics said yesterday that even if Portugal agrees to take a bailout, “we fear… this will signal the start of a new, more dangerous, phase” in the crisis.Worries continue despite Japan being the second non-European country to state interest in Eurozone debt. Show Comments ▼center_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald KCS-content More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orglast_img read more

Continue reading

ING seeks sale of real estate arm

first_img ING said yesterday it was in discussions with several parties on a possible sale of parts of its real estate arm, whose property portfolio is valued at over €65bn (£54.2bn). These talks may lead to one or more transactions, ING said. A source said that US property group CB Richard Ellis was in talks to buy ING Real Estate Investment Management in a deal that would value it at about €1bn. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Monday 17 January 2011 9:16 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap KCS-content Show Comments ▼center_img whatsapp ING seeks sale of real estate arm Share whatsapp Tags: NULLlast_img read more

Continue reading

At a glance: All the crucial points from Osborne’s Budget for Growth

first_img Share At a glance: All the crucial points from Osborne’s Budget for Growth whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia KCS-content Show Comments ▼ Wednesday 23 March 2011 10:05 pm THE ECONOMY/PUBLIC FINANCESThe Office for Budget Responsibility (OBR) has revised its growth forecast for the economy, blaming higher-than-expected inflation as a result of recent global commodity price shocks and the weather-affected final quarter of 2010.GDP growth has been revised down to 1.7 per cent in 2011. Growth is expected to peak at 2.9 per cent in 2013 and to remain at 2.9 per cent in 2014 and then to fall to 2.8 per cent in 2015.The OBR says the projection for trend growth is unchanged from their November 2010 figure, at 2.35 per cent to the end of 2013, slowing to 2.10 per cent from 2014. It adds that despite this being billed a pro-growth Budget, “Policy measures announced in the Budget could increase the economy’s productive potential, in time, but we do not believe there is strong enough evidence to raise our trend growth assumption now”. The output gap is estimated to have been -3 per cent in the third quarter of 2010.Higher-than-expected CPI inflation of between 4 and 5 per cent is expected in 2011. It is expected to fall back to around its 2 per cent target level in the medium term. The Bank of England’s inflation target remains at 2 per cent.Public sector employment fell by 132,000 in 2010, but private sector employment rose by 428,000.Public sector net borrowing will be £145.9bn this year, £122bn in 2011-12, £101bn in 2012-13, £70bn in 2013-14, £46bn in 2014-15 and £29bn by 2015-16.Cyclically-adjusted public sector net borrowing will be reduced by 8.4 percentage points, from 8.9 per cent of GDP in 2009-10 to 0.5 per cent of GDP in 2015-16.As a share of GDP, borrowing will be 10.1 per cent in 2010-11. It will fall to 7.5 per cent in 2011-12, 5.5 per cent in 2012-13, 3.5 per cent in 2013-14, 2.1 per cent in 2014-15 and 1.1 per cent in 2015-16. The cyclically-adjusted deficit on the current budget will be 4.6 per cent this year, 3.2 per cent in 2011-12, 2.0 per cent in 2012-13 and 0.6 per cent in 2013-14. It will then return to a surplus of 0.4 per cent in 2014-15 and 0.8 per cent in 2015-16.Public sector net debt as a share of GDP is to be 60.3 per cent in 2010-11, rising to 66.1 per cent in 2011-12, 69.7 per cent in 2012-13 and peaking at 70.9 per cent in 2013-14. It will then start falling to 70.5 per cent in 2014-15 and 69.1 per cent in 2015-16. The OBR’s judgement is that the policies set out in the Budget are consistent with a greater than 50 per cent chance of achieving both the government’s fiscal mandate and its target for debt in 2015-16, and that both targets will be achieved a year early, in 2014-15.PUBLIC SPENDINGPublic sector current expenditure will be £632.8bn this year, rising to reach £713.4bn by 2015-16. Capital annually managed expenditure will be £11.5bn in 2010-11, falling to £7.7bn by 2015-16.Total Managed Expenditure (TME) will rise from £694.4bn to £763.8bn over the forecast period in cash terms. It will fall by 3.7% in real terms.Spending is projected to fall from 47.5 per cent of GDP in 2009-10 to around 40 per cent by 2015-16 and tax receipts are projected to rise from 36.5 to 38.5 per cent. The state pension system will be reformed for future pensioners to provide simple, contributory flat-rate support above the level of the means-tested Guarantee Credit. This will, however, take years to implement. Contributions to the current system will be honoured.CHARITIESThe gift aid benefit limit will rise from £500 to £2,500 from April 2011, subject to the existing 5 per cent limit. Guidance will be published in the Finance Bill 2011.From 6 April 2012, estates leaving 10 per cent or more to charity will face a reduced rate of inheritance tax at 36 per cent. From April 2013, charities will be able to claim gift aid on up to £5,000 of small donations without the need for gift aid declarations.JOBS40,000 new apprenticeships will be created, targeted specifically at young NEETs (those not in education, employment or training). Funding will also be granted to stimulate small businesses to offer 10,000 higher level apprenticeship places.An additional 80,000 work experience placements will be funded for young people over the next two years.PLANNINGThe planning application system will be simplified, removing national targets on previously-developed land but keeping greenbelt regulation intact.GREEN MEASURESThe initial capitalisation of the Green Investment Bank (GIB) will be £3bn. It will begin operation in 2012-13.From 1 April 2013, a price floor for carbon will be set in the power sector, starting at around £16 per tonne and targeting £30 by 2020. This will increase the average annual bill by £17 by 2015. HOUSINGThe government and builders will fund an equity investment to help some 10,000 purchases of new-build property.For bulk purchases of residential property, stamp duty will be able to be calculated by the mean value of the properties rather than the aggregate value.TECHNOLOGYThe government will provide £100m of new capital funding in 2011-12 for science and innovation campuses.TRANSPORTFuel duty was cut from 6pm yesterday. A fair fuel stabiliser was announced: when oil prices are high, fuel duty will follow inflation. The 2011-12 inflation-only increase in fuel duty will be deferred to 1 January 2012 and the 2012-13 increase to 1 August 2012.Air Passenger Duty has been frozen for 2011-12. The government will consult on how to reform the duty, including plans to extend the tax to flights on business jets. whatsapp Public sector net investment is forecast to fall from £41.1bn this year to £24.5bn by 2015-16 compared with £49.5bn in 2009-10. The government has welcomed the Hutton Review of public sector pay as a basis for setting senior pay in the public sector, and departments will bring forward implementation plans by July 2011.Planned gilt sales by the Debt Management Office (DMO) in 2011-12 are £169bn.BANKSTo “offset the benefits to banks” from a cut in corporation tax, the rate of the bank levy will increase again to 0.078 per cent from 1 January 2012.The government will consult on a proposal to extend pay disclosure arrangements to all large banks from 2012.BUSINESSThe supplementary charge on profits from UK oil and gas production increased from 20 per cent to 32 per cent at midnight, in a windfall tax on the increased profits due to higher oil prices. With restriction on decommissioning relief, it will raise some £2,000m of tax annually.An additional 1 per cent cut in corporation tax was announced. From April 2011, the main rate of corporation tax will now be reduced from 28 per cent to 26 per cent as well as by one per cent each following year until it reaches 23 per cent in 2014.In May 2011, further consultation on the introduction of a patent box will be published, This will be followed by draft legislation in autumn 2011. The patent box will give a reduced corporation tax rate of 10 per cent on profits from patents.An opt-in exemption from corporation tax on the profits of foreign branches of UK companies will be added to the Finance Bill 2011 when it is published on 31 March.In the Finance Bill 2012, new Controlled Foreign Company (CFC) rules will be introduced. A consultation document will be published in May and draft legislation in autumn 2011. The rules will include a finance company partial exemption, broadly resulting in an effective UK tax rate of one quarter of the main rate on profits derived from overseas group financing arrangements. There will be interim changes to CFC rules in the Finance Bill 2011.A consultation this year on merging National Insurance Contributions and income tax was announced.A moratorium will exempt micro-businesses and start-ups from new domestic regulation from 1 April 2011 for three years.Further deregulation was promised: the implementation of the Young health and safety review, the dropping of some existing regulatory proposals and a public review to reduce the stock of burdensome regulation.The location of ten urban enterprise zones sites were announced across England, and there will be a further enterprise zone in London. The Mayor of London has chosen an area around the Royal Docks in East London. There will be a competition for the sites of ten further zones. Businesses that move into an enterprise zone in the course of this parliament will be eligible for a 100 per cent business rate discount worth up to £275,000 over five years.The Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCT) will be reformed, if EU state aid approval is granted. The rate of EIS income tax relief will then rise from 20 per cent to 30 per cent from April 2011. From April 2012, the annual EIS investment limit for individuals would double to £1m and for VCT and EIS the qualifying company limits would increase to 250 employees and to £15m assets and the annual investment limit for qualifying companies would go to £10m. The schemes will also be refocused.From 6 April, the lifetime limit on capital gains that qualify for Entrepreneurs’ Relief (CGT at 10 per cent) will be doubled to £10m.If state aid approval is granted, the small and medium-sized enterprise (SME) research and development tax credit will increase to 200 per cent from April 2011 and 225 per cent from April 2012.The small business rate relief holiday will run for another year from 1 October.PERSONAL TAXESThe 50 per cent higher rate of tax was affirmed as temporary, but no date was set for its phasing out. All income tax rates for 2011-12 will remain at their 2010-11 levels. National insurance rates will increase by one per cent.In addition to increasing by £1,000 this year, the personal allowance for those under 65 will increase by £630 to £8,105 in 2012-13, and the basic rate limit will then be reduced by £630, leaving the higher rate threshold unchanged. By the end of the parliament, the threshold for income tax will increase to £10,000.Draft regulations for tax-free Junior ISAs will be published in the week of 28 March alongside the Finance Bill 2011.The default indexation assumption for all direct taxes including ISAs will be the CPI inflation measure from April 2012. The government plans to reform the rules on non-domiciled individuals from April 2012. Those who have been UK resident for twelve years or more will face an increase in their annual charge from £30,000 to £50,000. There will be no other substantive changes in this parliament.Measures on tax avoidance have been introduced to raise around £4bn over this parliament, including new measures on the stamp duty land tax rules.The government will introduce legislation to create an exemption from income tax for subsistence allowances paid to experts seconded to EU bodies located in the UK. These bodies are the European Banking Authority, the European Medicines Agency and the European Police College.On top of the above-inflation increases already planned on tobacco and alcohol duties, hand-rolling tobacco duty is increased by 10 per cent.Also, from 1 October 2011 an extra duty on high-strength beers and a reduced duty on low-alcohol beers will be introduced to attempt to nudge the nation’s drinkers. From 28 March, the tax on a pint will go up by 4p, on a bottle of wine by 15p and there will be 54p more tax to pay on a bottle of spirits.PENSIONSThe government has accepted the Hutton review of public sector pension provision. Following consultation, proposals will be set out in the autumn.The government has decided the appropriate discount rate for calculating unfunded public service pension contribution rates should be based on the long term expectation of GDP growth. A discount rate of 3 per cent above CPI will now be used, to be reviewed in five years. Tags: NULLlast_img read more

Continue reading

Lafarge Zambia Plc 2006 Annual Report

first_imgLafarge Zambia Plc (LACZ.zm) listed on the Lusaka Securities Exchange under the Building & Associated sector has released it’s 2006 annual report.For more information about Lafarge Zambia Plc (LACZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Lafarge Zambia Plc (LACZ.zm) company page on AfricanFinancials.Document: Lafarge Zambia Plc (LACZ.zm)  2006 annual report.Company ProfileLafarge Zambia manufactures and sells cement and aggregate products for the local building and construction industry in Zambia and for international export. Well-known brands in its product portfolio include: Mphamvu, a Portland limestone cement; Powerplus for heavy industrial construction, Supaset for making cement blocks, RoadCem to road construction, Powercrete for applications in the mining industry, and Wallcrete for masonry projects such as bricklaying, plasterwork and floor screeding. Aggregates produced by Lafarge Zambia are used in building projects, heavy construction, road construction, mining, and the production of concrete products. The company also produce a ready-mix concrete product, and supplies products used in rail and road infrastructure. Lafarge Zambia has 2 fully-integrated cement plants based in Ndola and Lusaka, with a total production capacity of 1.4 million tons per annum. Lafarge Zambia exports cement products to Tanzania, Burundi, Democratic Republic of Congo, Malawi, Namibia and Zimbabwe. Lafarge Zambia Plc is listed on the Lusaka Stock Exchangelast_img read more

Continue reading

Executive Council to vote on 2 racial justice resolutions responding…

first_imgExecutive Council to vote on 2 racial justice resolutions responding to black victims of violence Director of Music Morristown, NJ New Berrigan Book With Episcopal Roots Cascade Books By David PaulsenPosted Jun 9, 2020 Priest Associate or Director of Adult Ministries Greenville, SC Executive Council, Director of Administration & Finance Atlanta, GA Rector (FT or PT) Indian River, MI Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Featured Jobs & Calls An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Belleville, IL George Floyd, Rector Smithfield, NC Associate Rector for Family Ministries Anchorage, AK Assistant/Associate Rector Washington, DC Rector Hopkinsville, KY AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Featured Events Youth Minister Lorton, VA Curate (Associate & Priest-in-Charge) Traverse City, MI Tags Missioner for Disaster Resilience Sacramento, CA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Washington, DC Rector Albany, NY Press Release Service Rector Bath, NC Course Director Jerusalem, Israel Executive Council June 2020, center_img Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Bishop Diocesan Springfield, IL The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Associate Rector Columbus, GA Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Associate Priest for Pastoral Care New York, NY Cathedral Dean Boise, ID Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Assistant/Associate Rector Morristown, NJ Rector Tampa, FL Racial Justice & Reconciliation Rector/Priest in Charge (PT) Lisbon, ME Submit a Press Release Family Ministry Coordinator Baton Rouge, LA Rector Shreveport, LA Curate Diocese of Nebraska Rector and Chaplain Eugene, OR Submit a Job Listing Rector Martinsville, VA Rector Collierville, TN Submit an Event Listing In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 [Episcopal News Service] The Episcopal Church’s Executive Council will consider this week two resolutions amplifying the church’s opposition to violence against people of color, in the name of George Floyd and other recent victims of violence by police and white vigilantes.Executive Council’s Joint Standing Committee on Mission Within The Episcopal Church, meeting online June 9 in a Zoom session, voted to recommend one resolution responding to the killing of Ahmaud Arbery in Georgia and a second resolution about several recent killings by police of black citizens, including Floyd in Minnesota.House of Deputies Vice President Byron Rushing, from the Diocese of Massachusetts, speaks June 9 during a Zoom session of the Executive Council’s Joint Standing Committee on Mission Within The Episcopal Church.House of Deputies Vice President Byron Rushing, who also helped to draft the resolution on police brutality, presented the Arbery resolution to the committee. Though the recent killings collectively have inspired widespread protests against racial injustice over the past two weeks, Rushing said he and other Episcopal leaders thought it appropriate to speak separately on the Feb. 23 killing of Arbery by a white father and son. Arbery was jogging in Glynn County, Georgia, when he was attacked.“This was a very different kind of killing. This was borderline lynching,” Rushing said. “We don’t want to confuse this with the killings that have been moving so many people now, which are killings by the police.”The resolution begins by invoking the Executive Council’s visit to the Legacy Museum and the National Memorial for Peace and Justice during its October 2019 meeting in Montgomery, Alabama. It then connects lynchings and other historic forms of racial terror with the attack on Arbery. The resolution condemns authorities’ delay of more than two months in arresting Arbery’s attackers, and it praises the Episcopalians in the dioceses of Georgia and Atlanta for their public calls for justice.The Rev. Devon Anderson, a Minnesota priest, presented the resolution regarding police brutality. It references Floyd and Breonna Taylor by name. Floyd died May 25 after repeating “I can’t breathe” while a white Minneapolis officer pinned him to the ground for nearly nine minutes, pressing his knee into Floyd’s neck. Taylor was shot and killed March 13 by white police officers during an overnight raid of her home in Louisville, Kentucky.The Rev. Devon Anderson, a priest in Minnesota, addresses Executive Council’s Joint Standing Committee on Mission Within The Episcopal Church on June 9.“The idea here is focusing on acknowledging the brutality and the violence … and then raising up for the wider church efforts that are going on the ground as models, particularly around community engagement,” Anderson said.The resolution highlights the racial justice work of Episcopalians in Minnesota and Kentucky. Referencing a 2018 General Convention resolution on police violence and racism, Episcopalians are further urged to “join community and grassroots leaders in advocating … substantive and mandatory change in police departments and policing and to allocate resources for community-based models of safety, support and prevention.”The committee also was scheduled this week to discuss a resolution responding to the disproportionate toll that the COVID-19 pandemic has taken on communities of color. Another resolution that advocates criminal justice and police reforms was reviewed June 9, but a different committee will take the lead on discussing and recommending the measure.Executive Council is meeting online June 8-11 after it canceled plans to meet in person in San Juan, Puerto Rico. The pandemic has forced all church governance meetings to shift online, starting with the House of Bishops’ meeting in early March.The resolutions on violence against people of color are scheduled for a final vote of the full Executive Council on June 11, along with potential budget revisions made necessary by disruptions caused by the pandemic and public health precautions that prompted suspensions of in-person worship across the country.– David Paulsen is an editor and reporter for Episcopal News Service. He can be reached at [email protected]’s note: An earlier version of this story reported that Executive Council was considering a resolution that referenced the shooting death of David McAtee by authorities who were clearing the scene of a protest in Louisville, Kentucky. Committee members on June 10 voted to remove the reference to McAtee from the resolution. Assistant/Associate Priest Scottsdale, AZ Rector Pittsburgh, PA Priest-in-Charge Lebanon, OH Rector Knoxville, TN Canon for Family Ministry Jackson, MS Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET last_img read more

Continue reading

Slovak authorities asked to stop hounding Kuciak protest organizers, journalists

first_img Slovak premier visits RSF, encouraged to turn his country into “press freedom model for Europe” Reporters Without Borders (RSF) and the European Centre for Press and Media Freedom have written to the Slovak authorities calling on them not to harass or prosecute journalists who support the “For a Decent Slovakia” movement and to drop all criminal proceedings against those who have been organizing protests in the wake of investigative journalist Ján Kuciak’s murder. November 14, 2018 – Updated on November 15, 2018 Slovak authorities asked to stop hounding Kuciak protest organizers, journalists Read the joint letter here to go further June 2, 2021 Find out more Slovakia is ranked 27th out of 180 countries in RSF’s 2018 World Press Freedom Index after falling ten places in the space of a year. Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU Follow the news on Slovakia RSF_en News The Slovak authorities must guarantee an environment in which press freedom and the right to protest are protected, the letter adds. Organisation Help by sharing this information center_img December 2, 2020 Find out more News SlovakiaEurope – Central Asia Protecting journalists Freedom of expression SlovakiaEurope – Central Asia Protecting journalists Freedom of expression RSF and 60 other organisations call for an EU anti-SLAPP directive Related documents letter_slovakia_ecpmf_rsf.pdfPDF – 204.4 KB Addressed to interior minister Denisa Sakova, National Criminal Agency chief Peter Hraško and the Slovak police, the open letter points out this harassment violates all international standards on the right to protest and the right to seek justice for a journalist’s murder. News Receive email alerts News February 4, 2021 Find out more AFP last_img read more

Continue reading

French interior minister to study RSF proposals for better policing at protests

first_img News Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU RSF denounces Total’s retaliation against Le Monde for Myanmar story Follow the news on France FranceEurope – Central Asia Condemning abusesProtecting journalists PhotoreportageViolence News The RSF delegation expressed deep concern about the many cases of police violence against journalists during the past seven months of “gilets jaunes” (yellow vest) anti-government protests in France and urged the interior minister to send a clear signal to the police. RSF secretary-general Christophe Deloire presented Castaner with 10 proposals for improving the policing of demonstrations, for improving relations between police and journalists, for reinforcing disciplinary and judicial responses to abuses, and for providing the police with more appropriate training.During a frank and constructive meeting at interior ministry headquarters that lasted more than an hour, RSF called for more coordination between police and journalists and suggested that journalists should participate in the training given to the police – a proposal to which the minister seemed open. In response to a request for clearer directives on journalists, Castaner said the new policing strategy should address the issue of the media and that he wanted technical meetings to be organized with journalists as part of the review. He added that a new set of clear instructions could be circulated to the police after the summer, once the new policing strategy had been adopted.To facilitate the media’s work, RSF proposed creating a mechanism by which journalists and police could liaise with each other both before and during protests. Castaner expressed interest in the proposal, and in any other measures that would help facilitate relations and communication between police and reporters covering protests. He pointed out that he had already instructed the police to let journalists follow them during protests.RSF welcomes the interior minister’s decision to launch a review of the way street protests are policed in France and will do its best to ensure that journalists participate in this review, because the level of unwarranted police violence against journalists has reached disturbing levels. A total of 73 journalists have been the victims of unjustified police violence during the “yellow vest” protests, with 12 of them sustaining serious injuries. Although the “yellow vest” protests seem to be winding down, RSF wants rapid and concrete measures from the interior ministry that show it has learned the lesson of recent events. Two days after launching a review of police methods for controlling street protests, French interior minister Christophe Castaner met with Reporters Without Borders (RSF) on 18 June, promising to study RSF’s proposals for ending police violence against journalists and indicating that part of the new policing strategy would be dedicated to the media. Receive email alerts Help by sharing this information June 21, 2019 – Updated on June 24, 2019 French interior minister to study RSF proposals for better policing at protests Organisation center_img to go further June 4, 2021 Find out more May 10, 2021 Find out more RSF_en “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says AFP June 2, 2021 Find out more FranceEurope – Central Asia Condemning abusesProtecting journalists PhotoreportageViolence News Newslast_img read more

Continue reading

Caltech Researchers Discover the Brain Uses a Mathematical System to Organize What You See

first_img Business News Make a comment Top of the News Name (required)  Mail (required) (not be published)  Website  CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday The brain represents visual objects through four networks tuned for four quadrants of object space: faces, bodies, spiky objects, and stubby objects. The same object space can be discovered using a deep network. Credit: Olivier WyartWhen Plato set out to define what made a human a human, he settled on two primary characteristics: We do not have feathers, and we are bipedal (walking upright on two legs). Plato’s characterization may not encompass all of what identifies a human, but his reduction of an object to its fundamental characteristics provides an example of a technique known as principal component analysis.Now, Caltech researchers have combined tools from machine learning and neuroscience to discover that the brain uses a mathematical system to organize visual objects according to their principal components. The work shows that the brain contains a two-dimensional map of cells representing different objects. The location of each cell in this map is determined by the principal components (or features) of its preferred objects; for example, cells that respond to round, curvy objects like faces and apples are grouped together, while cells that respond to spiky objects like helicopters or chairs form another group.The research was conducted in the laboratory of Doris Tsao (BS ’96), professor of biology, director of the Tianqiao and Chrissy Chen Center for Systems Neuroscience and holder of its leadership chair, and Howard Hughes Medical Institute Investigator. A paper describing the study appears in the journal Nature on June 3.“For the past 15 years, our lab has been studying a peculiar network in the primate brain’s temporal lobe that is specialized for processing faces. We called this network the ‘face patch network.’ From the very beginning, there was a question of whether understanding this face network would teach us anything about the general problem of how we recognize objects. I always dreamed it would, and now this has been vindicated in a startling way. It turns out that the face patch network has multiple siblings, which together form an orderly map of object space. So, face patches are one piece of a much bigger puzzle, and we can now begin to see how the entire puzzle is put together,” says Tsao.The brain’s inferotemporal (IT) cortex is a critical center for the recognition of objects. Different regions or “patches” within the IT cortex encode for the recognition of different things. In 2003, Tsao and her collaborators discovered that there are six face patches; there are also patches that encode for bodies, scenes, and colors. But these well-studied islands only make up some of IT cortex, and the functions of the brain cells located in between them have not been well understood.Pinglei Bao, a postdoctoral scholar in the Tsao laboratory, wanted to understand these unknown regions of the IT cortex. Working with nonhuman primates, Bao first stimulated a region of IT cortex that did not belong to any of the previously defined patches and measured how other parts of IT responded to stimulation using functional magnetic resonance imaging (fMRI). In doing so, he discovered a new network: three regions of the IT cortex that were driven by the stimulation. He called this network the “no man’s land network,” since it belonged to an uncharted region of IT cortex.To determine what kind of objects the new network responded to, Bao showed the primates images of thousands of different objects while he measured neurons’ activity in the new network. He found that the neurons responded strongly to a group of objects that seemingly had nothing in common, except for one curious feature: they all contained thin “protrusions.” That is, spiky objects such as spiders, helicopters, and chairs triggered the activity of the cells of the new network. Round, smooth objects like faces triggered almost no activity in this network.Bao set out to mathematically describe what these objects all had in common. While a person can qualitatively describe the fundamental visible characteristics that make the shape of a chair distinct from a face, they cannot break those characteristics down to their mathematical parameters. To do that, Bao used a type of machine learning program called a deep network, which is trained to classify images of objects.Bao took the set of thousands of images he had shown the primates and passed them through a deep network. He then examined the activations of units found in the eight different layers of the deep network. Because there are thousands of units in each layer, it was difficult to discern any patterns to their firing. Bao decided to use principal component analysis to determine the fundamental parameters driving activity changes in each layer of the network. In one of the layers, Bao noticed something oddly familiar: one of the principal components was strongly activated by spiky objects, such as spiders and helicopters, and was suppressed by faces. This precisely matched the object preferences of the cells Bao had recorded from earlier in the no man’s land network.What could account for this coincidence? One idea was that IT cortex might actually be organized as a map of object space, with x- and y-dimensions determined by the top two principal components computed from the deep network. This idea would predict the existence of face, body, and no man’s land regions, since their preferred objects each fall neatly into different quadrants of the object space computed from the deep network. But one quadrant had no known counterpart in the brain: stubby objects, like radios or cups.A schematic plot showing the map of objects generated by the first two principal components of object space. Credit: Bao et al., Nature 2020Bao decided to show primates images of objects belonging to this “missing” quadrant as he monitored the activity of their IT cortexes. Astonishingly, he found a network of cortical regions that did respond only to stubby objects, as predicted by the model. This means the deep network had successfully predicted the existence of a previously unknown set of brain regions.Why was each quadrant represented by a network of multiple regions? Earlier, Tsao’s lab had found that different face patches throughout IT cortex encode an increasingly abstract representation of faces. Bao found that the two networks he had discovered showed this same property: cells in more anterior regions of the brain responded to objects across different angles, while cells in more posterior regions responded to objects only at specific angles. This shows that the temporal lobe contains multiple copies of the map of object space, each more abstract than the preceding.Finally, the team was curious how complete the map was. They measured the brain activity from each of the four networks comprising the map as the primates viewed images of objects and then decoded the brain signals to determine what the primates had been looking at. The model was able to accurately reconstruct the images viewed by the primates.“We now know which features are important for object recognition,” says Bao. “The similarity between the important features observed in both biological visual systems and deep networks suggests the two systems might share a similar computational mechanism for object recognition. Indeed, this is the first time, to my knowledge, that a deep network has made a prediction about a feature of the brain that was not known before and turned out to be true. I think we are very close to figuring out the how the primate brain solves the object recognition problem.”The paper is titled “A map of object space in primate inferotemporal cortex.” In addition to Bao and Tsao, co-authors are postdoctoral scholar Liang She and graduate student Mason McGill. The work was funded by the National Institutes of Health, the Howard Hughes Medical Institute, and the Tianqiao and Chrissy Chen Institute for Neuroscience at Caltech. Your email address will not be published. Required fields are marked * STAFF REPORT First Heatwave Expected Next Week Science and Technology Caltech Researchers Discover the Brain Uses a Mathematical System to Organize What You See Machine learning and neuroscience discover the mathematical system used by the brain to organize visual objects By LORI DAJOSE Published on Sunday, June 7, 2020 | 5:04 am 155 recommended0 commentsShareShareTweetSharePin it Subscribecenter_img Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy HerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyA 74 Year Old Fitness Enthusiast Defies All Concept Of AgeHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyHow To Lose Weight & Burn Fat While You SleepHerbeautyHerbeauty More Cool Stuff Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDSlast_img read more

Continue reading

Support a Musician

first_img Facebook Facebook Pinterest Local News Twitter WhatsApp Permian High School Satin Strings students are fundraising for a trip to Scotland and England in July to participate in the Stirling Bridge International Arts Festival. If you would like to donate, contact Permian Orchestra Director Todd Berridge at [email protected] or send contributions to the school address, 1800 E. 42nd St., care of Berridge. Pinterestcenter_img WhatsApp TAGS  Twitter By Digital AIM Web Support – February 24, 2021 Support a Musician Previous articleOdessa’s Anika Gundlapalli returns to national spelling beeNext article050119_ChristianBullRider_03.jpg Digital AIM Web Supportlast_img read more

Continue reading