New York City today received bids from at least five university-based teams to build a science and engineering center in the city. In July, Mayor Michael Bloomberg announced that he would put up $100 million in seed money and land for universities and corporations willing to invest in a facility aimed at turning the metropolis into a high-tech hub similar to Silicon Valley. An economic analysis conducted earlier this year suggested that such an institute could generate as many as 30,000 jobs in the metropolis. Eighteen partnerships representing 27 public and private groups initially expressed interest in the project. Although city officials would not comment on how many bids were received by today’s 4 p.m. deadline, five groups announced that they had jumped into the ring. Three of the teams are led by New York state-based private institutions: Cornell, Columbia, and New York universities. All have multiple partners from academia and industry. The other two groups are led by Stanford University in Palo Alto, California, and Carnegie Mellon University in Pittsburgh, Pennsylvania, which is additionally partnering with NYU in its proposal. Bloomberg is expected to announce his pick by early 2012 and has said he hopes the winner will break ground on the new facility before he leaves office in 2013. Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)
Midfielder Adam Lallana hopes interim manager Gareth Southgate will be handed the England job on a permanent basis to bring much-needed stability to the national team set-up.Following England’s lacklustre 0-0 draw in Slovenia and an underwhelming home win over Malta in World Cup qualifiers last month, Southgate has two more games to convince the Football Association (FA) that he is the right man for the job.”I think everyone is, even Gareth himself probably. We are looking forward to doing well for him and fighting for him over the next two games,” Lallana told British media when asked if he was keen on a quick resolution to the managerial situation.Southgate was promoted from the under-21 set-up for a four-match run after Sam Allardyce parted ways with England after just one game in charge in September when he was caught seeking a lucrative sideline role in a newspaper sting. (Also read: Gareth Southgate could reject offer of full-time England job)”You need stability. What you don’t have at England is the time that you get at club level,” the Liverpool midfielder added.”You can’t prepare for a campaign as you would for a league over the course of the season. It’s not possible, so it’s a different challenge.”I’m sure Gareth will want to take on that challenge and we are ready to fight for him in the matches. Hopefully, he will do well enough to get the job on a permanent basis.”Lallana, who is part of the England squad for Friday’s World Cup qualifier against Scotland and a friendly against Spain next week, said a possible identity crisis within the side could have contributed to the team’s recent international failures.advertisement”It would be nice for Gareth and for us to know quite soon whether he’s going to get the job on a permanent basis, so you can build towards having a certain identity that your manager wants you to have,” he added.”That’s what a manager is there for… For quite a few years now we’ve not done brilliantly at major tournaments, so it’s up to us to maybe find an identity.”
Jant Pali (Haryana), Feb 25 (PTI) Haryana Chief Minister Manohar Lal Khattar today said his government will urge the Centre to establish a campus of Central University of Haryana in Mahendragarh district at Panipat.Khattar, who inaugurated an academic block constructed at a cost of Rs 44 crore, made the announcement while addressing a function to commemorate the 8th foundation day of the varsity.He said the State government had constituted the five-member University Review Committee under the chairmanship of Professor B K Kuthiala to look into the issues of autonomy, accountability and to improve the quality of higher education in the State.The committee has presented its report after eight months of study and interaction with more than 3,000 stakeholders, including students, Khattar said.Apart from this, mapping of the State was carried out in terms of educational facilities and it was decided to open a college for girls at every 20 kilometres, he said.Khattar said in the first event of its kind, 21 colleges were recently inaugurated using IT tools.He said the State government was endeavouring to make education employment-oriented and ensure holistic development of the youth.Under the new sports policy, 525 sports nurseries are being opened at school-level to encourage students to take up sports.Various other facilities such as gymnasiums and enhanced cash prizes are being offered as incentives for promoting sports.Reiterating his governments commitment towards ensuring equitable development of all regions of the State, particularly the backward southern region, Khattar lauded the pace of infrastructure development exhibited by the varsity.advertisementHe also lauded the university for its contribution towards the socio-economic development of the surrounding villages.Khattar suggested that solar plants be installed on all buildings of the university to make it the first central educational institution to undertake such an initiative.He also announced to construct new road connecting Jant Road and gate number 2 of the university, besides installing streetlights.He also released the first journal, newsletter, blood donor directory and a book titled Beti Satsai penned by Makhan Lal. PTI VJ DKS MRJ
The Ministry of Health is assuring that there is no outbreak of dengue fever in Jamaica and continues to implore persons to destroy breeding grounds for the Aedes aegypti mosquito, which transmits the disease.“The first line of defence is to control or attempt to control your own environment as it relates to (mosquito) breeding sites,” said portfolio Minister, Dr. the Hon. Christopher Tufton.He noted that the vector-control workers, who have been visiting homes, have too often found mosquito breeding sites in drums, tanks, vases, used tyres, cans, and other vessels.The Minister was speaking at a press conference held at the Ministry’s New Kingston offices on Wednesday (December 12).National Epidemiologist, Dr. Karen Webster Kerr, said there have been 570 suspected cases of dengue so far this year, compared to 177 cases for 2017.“Based on the information we have now, we are having a more active season. However, it is not at outbreak level at this time, but we continue to monitor the levels of dengue,” she said.Chief Medical Officer, Dr. Jacqueline Bisasor-McKenzie, noted that while there has been an increase in the number of dengue and influenza cases, there is no need for alarm, noting that the majority of cases are mild.She noted, however, that persons should immediately seek medical attention if they develop complications such as bleeding, which could be a sign of dengue hemorrhagic fever.“So for dengue, usually, you get fever, joint pain, muscle pains and that can be treated at home. However, if you start to develop complications, such as you discover that you are coughing up blood, or you are not tolerating fluids, you are becoming sicker, not getting better, then you must go to your health practitioner or probably to the hospital,” she advised.Dr. Bisasor-McKenzie said that vulnerable persons, such as the very young and the elderly, are more prone to develop complications, so vigilance must be exercised.“There are a range of complications that can occur, but it tends to occur when you almost feel as if you’re running the course now and you are about to get better. So persons just have to be aware that these conditions can occur and it is better to be safe and to visit your health practitioner than to stay at home if you have a condition that is worsening,” she added.She further advised persons to use paracetamol to treat dengue symptoms instead of non-steroid, anti-inflammatory drugs such as ibuprofen, as this worsens bleeding problems.There have been 70 suspected cases of dengue hemorrhagic fever for this year, compared to 38 last year.In addition, there have been six suspected dengue-related deaths for the two years. Story Highlights The Ministry of Health is assuring that there is no outbreak of dengue fever in Jamaica and continues to implore persons to destroy breeding grounds for the Aedes aegypti mosquito, which transmits the disease. He noted that the vector-control workers, who have been visiting homes, have too often found mosquito breeding sites in drums, tanks, vases, used tyres, cans, and other vessels. “The first line of defence is to control or attempt to control your own environment as it relates to (mosquito) breeding sites,” said portfolio Minister, Dr. the Hon. Christopher Tufton.
“I hold that, after seven years of interim administration in Kosovo, society is ready – indeed impatient – to move on, and that in fact it would be a far greater risk to keep Kosovo in limbo for much longer,” Søren Jessen-Petersen, Secretary-General Kofi Annan’s Special Representative for Kosovo, told the Security Council in his last briefing before stepping down at the end of this month. Independence and autonomy are among options that have been mentioned for the final status of the province, where Albanians outnumber Serbs and others by 9 to 1. Serbia rejects independence and Kosovo’s Serbs have been boycotting the province’s local government, a fact Mr. Annan laments in his latest report on the issue.Despite this, Mr. Jessen-Petersen said progress in has been made by the elected leadership, which had become more dynamic and progressive than ever and had been far more willing of late to reach out to Kosovo Serbs.“There is, of course, a need for still further progress, but if the current momentum continues, and I am confident it will, we can expect further concrete achievements in the coming months,” he added.Further progress is particularly needed, he said, to encourage Serb engagement in the political process, despite what he called the “isolationist policy” of the Government in Belgrade, the Serbian national capital. “I do not see how they can make informed choices and decisions about their own future within Kosovo if they are not even permitted to take part in the democratic processes there, whether centrally or locally,” he said of the Serb minority.Also needing improvement, he said, was the level of funding to help returning Serbian refugees to re-establish themselves, which has resulted in a low level of returns despite the recent signing of a Returns Protocol between the UN interim administration (UNMIK), Belgrade and Pristina.Despite the remaining problems, however, he expressed hope that province’s status would be determined by the end of 2006, saying UNMIK, which he heads, has made extraordinary achievements but “there are now diminishing returns from this mandate,” and limits to what can be achieved without clarity on the status issue.Asked by journalists to specify those limits and risks in a press conference following his Council presentation, Mr. Jessen-Petersen said that Kosovars had been patient with extreme social hardship, including high unemployment, unpaid pensions, and economic stagnation that would not end until there was clarity on the status issue.Such patience could very well break down if the status process stalled, resulting in a revival of extreme ethnic tension, he explained.UNMIK, he said, should support the status process by preparing for an orderly exit when the time comes, and preparing Kosovo to experience an orderly transition to whatever status is decided upon.The UN mission is not directly involved in the status dialogue between Kosovo Albanians and Serbs, which began in Vienna in February under the auspices of UN Special Envoy Martti Ahtisaari and has been held about twice monthly since.
“He congratulates the people of Guinea, its Government and political leaders for their commitment to a consensual and peaceful electoral process,” Mr. Ban’s spokesperson said in a statement. “The Secretary-General urges all Guineans to do their utmost to ensure peaceful, transparent and credible elections.”Guinea’s long-delayed legislative election, which was scheduled for 24 September, was postponed to tomorrow following talks in Conakry between the Government and opposition parties last weekend, according to media reports.In today’s statement, Mr. Ban expressed appreciation for the efforts of the College of Facilitators, including his Special Representative for West Africa, Saïd Djinnit.
#Santa is back home at the North Pole and ready for a nap! Thanks for Tracking Santa with #NORAD! See you next year!— NORAD Santa (@NoradSanta) 25 December 2015 “If adults have been lying about Santa, even though it has usually been well intentioned, what else is a lie? If Santa isn’t real, are fairies real? Is magic? Is God?”They conclude: “Many people may yearn for a time when imagination was accepted and encouraged, which may not be the case in adult life. Might it be the case that the harshness of real life requires the creation of something better, something to believe in, something to hope for in the future or to return to a long-lost childhood a long time ago in a galaxy far far away?” 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. Defending the claims, Prof Boyle, from the University of Exeter, said: “The morality of making children believe in such myths has to be questioned.”All children will eventually find out they’ve been consistently lied to for years, and this might make them wonder what other lies they’ve been told.”Whether it’s right to make children believe in Father Christmas is an interesting question, and it’s also interesting to ask whether lying in this way will affect children in ways that have not been considered.” Parents have been urged to stop pretending Father Christmas is real in case the “lie” damages relations with their children.Spinning stories about Santa risks undermining a child’s trust and is morally suspect, according to two experts.Psychologist Professor Christopher Boyle and social scientist Dr Kathy McKay also condemn the idea of a “terrifying” North Pole intelligence agency which judges children to be nice or naughty.Writing in the respected journal The Lancet Psychiatry, they argue: “If they (parents) are capable of lying about something so special and magical, can they be relied upon to continue as the guardians of wisdom and truth?”In addition they suggest parents may not be motivated by thoughts of their children but a selfish desire to re-live their own childhood. In an article entitled A Wonderful Lie the authors write: “Perhaps the biggest moral breach of the Christmas lie comes with the fact that one day, the truth comes out.”Children must all find out eventually that their parents have blatantly and consistently carried on a lie for a number of years. Children may find out from a third party, or through their parents getting bored of the make-believe and making a mistake; both might affect the trust that exists between child and parent. Dr McKay, from the University of New England in Australia, said there was clear evidence from the world of make-believe in movies and TV that adults looked for a chance to be children again.”The persistence of fandom in stories like Harry Potter, Star Wars and Doctor Who well into adulthood demonstrates this desire to briefly re-enter childhood,” she said.
But despite her hotly anticipated arrival at the event, held in a 140ft glass marquee in the Middleton family’s back garden, all eyes were on the bride, who had changed into her second dress of the day, an elegant, white floor-length gown with v-neck and sparkle details.The new Mrs Matthews, 33, wore her hair down in a relaxed style, much as her sister, the Duchess of Cambridge, had done at her own wedding in 2011, prompting guests to remark that she looked “absolutely beautiful”. Outside, under a canopy that protected them from ominously grey skies, the guests duly watched for up to 15 minutes before the heavens opened. One suggested the rain had come as a welcome respite, as the display had perhaps lasted a few minutes too long. For a bride who arranged her day with military precision, it is perhaps unsurprising that Pippa Middleton wanted to ensure that even the waiting staff were as svelte and glamorous as her high society guests.The staff serving food and drink at Saturday’s wedding were all understood to be models.Miss Middleton’s careful choreography extended to the table plan, which decreed that couples should not sit together. There were no exceptions, not even for royalty, meaning that Meghan Markle was unable to sit next to Prince Harry, despite flying more than 3,000 miles to attend.The Telegraph can reveal that Miss Markle, 35, who missed the morning’s church ceremony and champagne reception on the private Englefield estate, arrived at the evening festivities on the arm of her beau, dressed in a stunning maroon backless gown. Meghan Markle attends the Roland Mouret private dinner in Toronto in 2016Credit:George Pimentel The Duchess of Cambridge, who did a sterling job of marshalling all eight young page boys and bridesmaids down the aisle and keeping them in check, read a prayer. The no-expense-spared party was held amid such tight security that guests had to send in photographs and produce a password before gaining entry. On arrival, attendees – who as requested had eschewed fascinators and suit tails for the more glamorous black tie – were asked to step outside for a flypast by a single Spitfire as the glass marquee was considered too hazardous should anything go wrong. The Duchess of Cambridge kept the young guests in order Credit:Justin Tallis /AFP Even the staff at the wedding were suitably glamorousCredit:Justin Tallis/AFP Her fears that her own two children, Prince George and Princess Charlotte, might play up, went unfounded, although Prince George was deemed “excitable” inside the church, while his two-year-old sister had to be comforted by the nanny after bursting into tears and wailing “where’s mummy?”After enjoying a champagne reception at Englefield House, part of a private estate owned by Richard Benyon MP, guests reassembled at Bucklebury village hall for security checks before being ushered to the Middleton family home for the evening festivities. Accompanied by the choir of Winchester Cathedral, they sang hymns including Be Thou My Vision; Tell Out, My Soul and I Vow To Thee, My Country. Spencer Matthews read a passage from the Paulo Coelho novel, The Alchemist, while Miss Middleton’s brother James read Love Is An Adventure by Pierre Tielhard du Chardin, and a family friend read the Song of Solomon. Duchess of Cambridge, stands with her daughter Princess CharlotteCredit:REUTERS Back inside, the well-heeled guests, among them tennis star Roger Federer, television presenters including Ben Fogle and Tom Bradby, and Princess Eugenie, were guided to servers holding aloft table names, chosen to represent notable places the newlyweds had visited.The staff were hired from one of a handful of specialist companies that pride themselves on providing impeccably trained models and/or actors to serve food and drinks. The dazzling marquee was decorated with an “enchanted forest” theme, featuring a plethora of trees decked with purple fibre optic lights.Attendees had earlier witnessed Miss Middleton marry Mr Matthews in a one-hour service at St Mark’s Church, Englefield, which brimmed with flowers and scented candles. Pippa Middleton and her new husband James Matthews smile following their wedding ceremony at St Mark’s Church in EnglefieldCredit:REUTERS An extra 150 joined the party for dinner, with a menu said to have included trout and Scottish lamb, before the bride’s father Michael Middleton gave another speech. TV star Spencer Matthews, the groom’s brother, is said to have had everyone in stitches.Guests then crowded around to watch the newlyweds enjoy their first dance together accompanied by a saxophonist and a DJ, before dancing the night away while enjoying a single malt whisky bar, photo booths and an astonishing light show that saw footage of the bride and groom beamed onto the back of Bucklebury Manor. But despite happily posing for pictures outside the church earlier, Miss Middleton and her new husband James Matthews, 41, were keen to ensure that no pictures of the evening reception emerged. 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.
Foreign business groups have expressed interest in the operation of new casinos in Greece. According to sources, such proposals have come from a Greek-Turkish consortium for a casino on Chios, British and Israeli entrepreneurs for Crete, a groups with British and other funds for Atalanti in central Greece, and an American fund for Myconos. Meanwhile the total financial figures of the country’s nine casinos are continuing to head south. For the period from January to May, their turnover showed a yearly decline of 13.4 percent, reaching 121.8 million euros. Facebook Twitter: @NeosKosmos Instagram
Answer: This sovereign nation has just 33 female citizens. Question: What is the Vatican?Answer: This Vancouver woman overcame major personal demons to succeed in life — with her recent three-day run on “Jeopardy!” the unlikeliest of all toppers to the tale.Question: Who is Annie Marggraf?Marggraf’s $51,000 in winnings will retire her college and personal debt as well as purchase a car that actually fits her family of four, she said. Marggraf won’t have all that hanging over her head when she attends law school this fall. She doesn’t know which school it’ll be yet — she’s still waiting on an answer or two — but the 39-year-old Marggraf said she’s eager to pursue justice for immigrants, Native Americans and people who can’t afford their medical bills.If you’d asked the teen Marggraf about her prospects for achievements such as “Jeopardy!” and law school, she likely would have laughed at you, she said. Her rough beginnings include getting kicked out of high school after ninth grade because her father was dying and she was acting out — getting into drugs and vandalism, she said. Later on, her brother went to prison for murder.“I was a total mess, totally off the rails,” Marggraf said. Except for this factor in her favor: Marggraf is a natural-born information sponge. She grew up in a bilingual family — speaking Hebrew as well as English — and her childhood reading was a desktop dictionary and “The Book of Lists.”That’s where you took unquenchable curiosity before there was an internet, Marggraf said. “The Book of Lists” is where she picked up that tidbit about women citizens of the Vatican, which came in handy in her early 20s, when she first auditioned for “Jeopardy!” None of the other hopefuls she was competing against knew that answer.
Facebook Twitter Google+LinkedInPinterestWhatsApp Bench warrants issued for TCI insurance defaulters Bahamas Police denies suspect hide out in TCI Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 04 May 2015 – The National Insurance Board tells the public that over the 23 years it has been in existence, there has been over $77 million dollars in payments to beneficiaries. This as the company recently announced a staggered approach to raising the wage ceiling over a three year period and giving increases in some of its plans. Deputy Director of Operations Walter Gardiner has been hard at work lately on the PR front for NIB, explaining in a media release issued recently that: ““The NIS legislation today is undoubtedly the best piece of social protection legislation ever implemented in the TCI. Introduced under an extremely dark cloud of suspicion, mistrust and opposition from employers, employees and self-employed alike, convincing the general public to ‘buy – in’ and comply was quite a challenge at that time as this was the very first time that monies were mandatorily deducted from salaries.” Gardiner admits that largely, the public saw NIB as a mere tax, that some businesses even threatened to cut staff and others had forecast failure… but the near quarter of a century of existence for the organization and the elephant sized payouts over this time, he says, proves it was a good move for the Turks and Caicos. Over 1,400 people are a part of the long term payouts, in the pensioners category – they get around $9 million of the monies distributed per year. Overall NIB is reported to pay out $12 million annually, with some $200 million in reserves and collections from the workers in the country announced at $25 million dollars per annum. Gardiner added: I believe that we have proven our worth to the people of the TCI … Today, thousands of people depend on us, but more importantly, thousands of people can depend on us”. Recommended for you Bahamas NIB Manager remanded, charged with extortion Related Items:national insurance board, NIB, walter T. gardiner
Urjit Patel, governor of Reserve Bank of India (RBI), sounded a note of caution over rising government debt, days before the Modi government is set to present Budget 2017. The central bank chief’s comments on high interest rate subsidy were also significant in the context of sops announced by Prime Minister Narendra Modi on December 31, 2016.”Second, since 2013, the central government has successfully embarked on a fiscal consolidation path. Even then, our general government deficit (that is borrowing by the centre and states combined) is, according to IMF data, amongst the highest in the group of G-20 countries,” Patel said. The cost of sops announced by Modi was estimated at Rs 3,500 crore per annum by a State Bank of India economist.Read: India lobbied Moody’s for ratings upgradeHe was speaking at a seminar on “Business Potential of International Financial Services Centre in India” organised by GIFT, India’s first International Financial Services Centre (IFSC), in Gandhinagar on Wednesday.Patel added that such high levels of debt as a percentage of the country’s GDP do not help to improve India’s sovereign upgrade.In a veiled reference to Modi’s announcement of interest subvention to those seeking home loans (eligible under the Pradhan Mantri Awas Yojana), Patel said that such measures, though good in intent, adversely affect “optimal allocation of financial resources and increases moral hazard.”It may be recalled that the central bank’s role has come under a cloud over the demonetisation decision, with some analysts calling it the erosion of the bank’s credibility.He also spoke about the RBI’s target of retail inflation at 4 percent. The government is set to release the provisional data for December consumer (retail) inflation later in the day; the rate was 3.63 percent in November 2016.Here are the highlights of the speech delivered by Patel:The RBI now has a notified target for inflation of 4 percent, which a six-member Monetary Policy Committee has been enjoined and tasked to realise. We have to ensure that this objective is secured on a durable basis given the progress already made.Low and stable inflation is an essential prerequisite for having a meaningful interest rate structure or regime whereby decisions by savers and investors help to achieve maximal allocative efficiency in an economy whose investment rate has to increase for better growth outcomes.In addition, while some government guarantees and limited subventions can help, steep interest rate subventions and large credit guarantees also impede optimal allocation of financial resources and increases moral hazard. The mandates for these have to be narrow, and thus perforce be deployed judiciously, within a regulatory framework, which RBI has suggested.Since 2013, the central government has successfully embarked on a fiscal consolidation path. Even then, our general government deficit (that is borrowing by the centre and states combined) is, according to IMF data, amongst the highest in the group of G-20 countries.In conjunction, the level of our general government debt as a ratio to GDP is cited by some as coming in the way of a credit rating upgrade.Borrowing even more and pre-empting resources from future generations by governments cannot be a short cut to long-lasting higher growth. Instead, structural reforms and reorienting government expenditure towards public infrastructure are key for durable gains on the Indian growth front. Investment in public transport, specifically railways and Urban MRTS can lead to reduced costs and productivity gains as also help us to lower our oil import bill, and, as collateral benefit, improve air quality in our cities.A well-capitalised domestic banking system enhances the comfort of the various stakeholders to conduct business in the offshore IFSC as well. It is therefore critical that efforts towards developing an attractive offshore financial centre should also include measures for adequate provision of capital to the domestic banking system. We have to ensure that our banks continue to conform to international capital standards as a member of the G-20 and the BCBS.
Chinese shoppers snapped up a record $30.7 billion of merchandise Sunday through e-commerce giant Alibaba, in celebration of a recently invented holiday called Singles Day, China’s equivalent of the U.S.’ Black Friday. Western celebrities including singer Mariah Carey and model Miranda Kerr were on hand to encourage the orgy of online consumerism.Sales hit $1 billion in a blistering 85 seconds, and rose 27% overall this year. Yet as China grapples with a slowdown in its economy and a trade war with the U.S., the growth figure marked the slowest annual increase in the event’s 10-year history, down from 39% last year. Alibaba’s New York-traded shares doubled in 2017, but this year are down 16%. Pre-opening Monday, the shares were largely unchanged. The made-up holiday began as an unofficial day for singletons because its Nov. 11 date was playfully deemed a reference to “bare branches,” a colloquial Chinese term for bachelors. Written in Chinese, “11-11” looks like a parade of four bare tree limbs. Alibaba co-opted the day a decade ago and expanded it into what is now the world’s biggest online retail event, with sales this year surpassing the combined totals of Black Friday and Cyber Monday in the U.S. Other Chinese firms, including online rival JD.com and retailer Suning, now also have Nov. 11 sales, with JD pulling in its own record of nearly $23 billion in sales Sunday. Alibaba has pushed to make the lead-up to the day a media event in its own right. This year it used its online video platform Youku to stream a celebrity-studded gala Saturday night to stir up a buying frenzy for the next day.Carey sang her songs “Emotions” and “Hero” before chatting awkwardly with the host about her online shopping habits, while Kerr plugged her skincare line before attempting to sing a few bars of a popular Chinese song. Cirque du Soleil performers did a shopping-themed number. Beyonce may not have been available, so Alibaba made do with a plus-sized Japanese Beyonce impersonator, the comedian Naomi Watanabe, who strutted her stuff in a fringed gold leotard and flowing blonde tresses, while belting out a plausible rendition of “Crazy in Love.” This year marks the last Singles Day led by Jack Ma, Alibaba founder and leading light. Ma announced in September that he would step down from his role as the company’s chairman next year. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Popular on Variety
MReport // How are you ensuring IndiSoft’s data is secure? Devare // There are several ways we ensure our data is secure including requiring strong password login access to folders on our system and organizing data in separate categories so that needed folder permission can be assigned based on sensitivity of the data. We also encrypt some data so unauthorized users cannot access it. As discussed, proper data destruction is key so we employ rigid controls for it—instead of using the delete command, we always use secure data removal tools. In addition we do some basic things that some companies sometimes overlook such as using anti-virus, anti-malware protection, disabling Wi-Fi, Bluetooth, and cameras when they are not being used and of course not downloading or installing apps from unknown sources. MReport // How will well-known hacks, such as with Equifax, impact consumers’ willingness to provide their data? Devare // The Equifax data breach along with other breaches through retailers such as Target and Whole Foods has shown us just how vulnerable data can be. Consumers are willing to provide data when they trust an organization, however these recent data breaches have shaken customer confidence and are likely to affect how willing consumers are to provide data in future. Now more than ever companies need to take the federal and state data protection laws seriously.Mortgage professionals should learn that secure data storage and disposal is just as crucial as secure data collection. Data storage requires the appropriate secure control mechanism for complete protection and it can be achieved. Another important aspect of data protection is securely and completely destroying data from unused servers and computers. When a customer’s trust is lost, it is difficult to regain it in a short period of time. Therefore, it is important that mortgage professionals create and maintain trust around privacy, security, and data protection. In this month’s MReport cover story, Threat Assessment, we outlined the top five ways hackers are gaining access to sensitive data that not only comprises mortgage companies but consumers as well. Now, we are going beyond the pages to give you even more insight into this complicated topic by going straight to a respected expert in the field—Ramesh Devare, who manages security applications at IndiSoft. in Daily Dose, Featured, News, Technology MReport // In what ways is consumer data is being compromised? Devare // There are numerous ways consumer data gets compromised including when it is accessed by unauthorized users, is not disposed of securely, is handled improperly (not maintained in a secure enough environment) which leads to data leaks, and when computer hard drives are not properly erased before the equipment is retired. HOUSING Indisoft mortgage news Ramesh Devare 2017-11-10 Rachel Williams Delving Deeper Into Data Protection November 10, 2017 649 Views MReport // What common mistakes do you see companies make in the way they secure their data?Devare // There are few common mistakes made in the way companies secure their data including:Inappropriate domain account set upUsing default password instead of setting up new passwordNot changing password regularlyNot having strong passwordSharing administrative password or privileges with othersSharing folders with others without setting up appropriate access permissionNot implementing complete solutions for data protection and encryptionNot setting up data retention and data disposal guidelines properlyComputers/servers not upgraded to latest technologyNot performing enough network and application vulnerability and penetration testingUsing old operating system versions, which does not provide enough protection for dataNot applying security patches timelyNot aware or follow recent security challengesNot testing network or access controls for negative scenariosNot reviewing wired and Wi-Fi network regularly for unauthorized access or loop holesNot reviewing and refining access control regularlyNot implementing needed data protection laws recommended by federal/state governmentNot implementing privacy, security, data protection and non-disclosure policiesTo learn more, be sure to read MReport’s November Data & Analytics issue, available now. Share
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There have been some real differences expressed in — on this stage on whether trade deals have been good for the American workers. but they do not exist now. And now the time has come for this generation to do what it must do to keep it that way. I’m interested in being correct. QUICK: You know, the powerful, CARSON: Neil, he beats the rest of the field (inaudible).
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