Complaints double as payday loan brokers accused of hiding charges

first_img Share Wednesday 29 October 2014 8:42 pm Show Comments ▼ Payday loan brokers are stinging vulnerable customers with enormous hidden charges, the Financial Ombudsman Service warned yesterday.The agency said it had seen a sharp rise in complaints about the brokers; it has logged 11,500 since April, around double the number of complaints seen in the same period last year.Banks have been inundated with complaints from individuals, many of whom were already in financial difficulty, who have found their accounts automatically debited by the payday brokers without consent.Extreme cases saw individuals failing to be provided with the loan they sought while still being charged a fee. Others believed they were applying for a loan directly, but ended up paying multiple fees as their account details were passed on to other brokers. In two-thirds of the cases, the ombudsman agreed the consumer had been treated unfairly, while in the remainder the fees had already been refunded.“It’s disappointing to see more and more people are being misled into thinking these credit broking websites will get them a loan,” said senior ombudsman Juliana Francis. “In too many of the cases we sort out, no loan is provided and people’s bank accounts have been charged a high fee, often multiple times.” Express KCS Complaints double as payday loan brokers accused of hiding charges whatsappcenter_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoElvenarAdvertisement #StayAtHome and Play this Fantasy Game. No Install.ElvenarUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndo whatsapp Tags: Payday lenderslast_img read more

Lawmakers push Covid-19 bills to prevent price gouging, track federal funds used to discover drugs

first_img Ed Silverman What’s included? @Pharmalot What is it? Adobe Politics Amid ongoing concern that Covid-19 therapies and vaccines may be unaffordable, a bipartisan group of lawmakers introduced a pair of bills that would prohibit drug makers from price gouging and also require all taxpayer-funded Covid-19 research to be recorded in a federal database.The move comes as access to Covid-19 medical products emerges as a hot-button issue in the U.S. and elsewhere, with worries mounting over the extent to which a therapy or vaccine will be available in sufficient quantities at affordable prices. In February, Health and Human Services Secretary Alex Azar told Congress the Trump administration wanted to make products affordable, but could not control pricing. Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Lawmakers push Covid-19 bills to prevent price gouging, track federal funds used to discover drugs Unlock this article — plus daily intelligence on Capitol Hill and the life sciences industry — by subscribing to STAT+. First 30 days free. GET STARTEDcenter_img STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. By Ed Silverman June 22, 2020 Reprints About the Author Reprints GET STARTED Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. [email protected] Log In | Learn More Tags Coronavirusdrug developmentlast_img read more

All of the Laois GAA results from a busy evening of action

first_img RELATED ARTICLESMORE FROM AUTHOR All of the Laois GAA results from a busy evening of action Pinterest Twitter Pinterest Community Five Laois monuments to receive almost €200,000 in government funding It’s a mad busy weekend of Laois GAA action and it kick-started this evening with three league finals and a semi-final all down for decision.The big game of the evening was in the Laois GAA Centre of Excellence where Rosenallis secured promotion to Division 1 for 2019 thanks to a two-point win over Rathdowney-Errill in the 1B final.In the Division 2 decider in Colt, Clough-Ballacolla held off the challenge of Slieve Bloom while Camross got the better of new side Park-Ratheniska/Timahoe in the Division 3 final. Twitter TAGSLaois GAA Results Facebook WhatsAppcenter_img Ten Laois based players named on Leinster rugby U-18 girls squad Rugby WhatsApp By Steven Miller – 6th July 2018 Home Sport GAA All of the Laois GAA results from a busy evening of action SportGAAGaelic FootballHurling Previous articleHere’s what’s on this week in the Laois Walks FestivalNext articleLaois senior football team named ahead of crunch Monaghan Qualifier Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. Community Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Facebook Elsewhere, Courtwood secured a place in the Division 2 football final and promotion to 1B thanks to a 5-12 to 1-15 win over Clonaslee in Portarlington.Laois Shopping Centre ACHL Division 1A FinalRathdowney Errill 2-14 Rosenallis 1-19 – Report HereLaois Shopping Centre ACHL Division 2 Final Clough Ballacolla 0-17 Slieve Bloom 1-13Laois Shopping Centre ACHL Division 3 FinalCamross 1-12 Park-Ratheniska/Timahoe 1-7Laois Shopping Centre ACFL Division 2 Semi Final Courtwood 5-12 Clonaslee St Manmans 1-15Midlands Park Hotel U-15 Football Division 1 Final Place Playoff Ballyroan Abbey v Graiguecullen 7.45pm –Midlands Park Hotel U13 Football Division 1 Cup Final Killeshin Crettyard v St Paul’s – awarded to Killeshin-CrettyardSEE ALSO – Laois minor football team named for Leinster semi-final clash with Meathlast_img read more

Campaign underway to re-open Laois train station

first_img TAGSMountmellickPaddy Bracken GAA GAA While some elements of the old railway infrastructure such as the old station and even some of the signals apparatus remain in place, the property has for decades been in residential use.Even more challenging is that the line travelled from Portlaoise to Mountmellick have long since been extinguished and tracks removed.Passenger and goods services on the line ceased in 1947, while specials and sugar beet trains ran to Mountmellick station up to 1963.The seven-mile long Mountmellick rail branch was constructed in 1885 as part of the Waterford-Kilkenny rail companies plans to eventually extend the line to link up with the Great Southern and Western Line from Athlone to Portarlington.This never materialised. The Conniberry Junction formed part of Portlaoise to Mountmellick route and was required to permit locomotives to turn around.The rail line to Mountmellick harks back to a time when Mountmellick was referred to in journals as ‘The Manchester of Ireland’ due to vibrant industrial and commercial activity, which had largely been driven by a strong Quaker tradition.There were lots of factories and employment in textiles, spinning, brewing and tanneries. The census of 1801 showed the population of the prosperous town to be in excess of four thousand.The Grand Canal spur from Monasterevin via Portarlington to Mountmellick also formed an important part of this transport infrastructure.It opened in 1831 and included an expansive warehousing operation at its terminus at The Harbour in Mountmellick.The canal was busy transporting coal, flour, malt and porter before it too closed down in 1960, after which it too fell into disuse and disrepair, most of its bridges now demolished and the route long filled in.Aspirations to re-open the train station would undoubtedly prove expensive and fraught with difficulties.However, there might be scope for an electric train or tram style service on the very busy route to alleviate traffic on the N80 across the bog road.Local councillor, Paddy Bracken agrees that the proposal is not without its merits.“It would be a very good thing to restore and undoubtedly a great benefit.“I wouldn’t be adverse to it but it’s a long shot since all the original infrastructure is gone and where would you get the resources for such an expensive project but there’s no doubt the possibilities need to be explored.”Campaigns to have local train stations re-opened are not without precedent.In the 1990s the Monasterevin Railway Action Group embarked on a successful decade long lobbying to have the train station in the town re-opened.That effort was headed up by the late Neddy O’Rourke, Jim Rosney and Paddy Whelan and the service was eventually brought back in use in 2001 as an unmanned station.The former Monasterevin station house is now in private use and the re-opening of Monasterevin station required the provision of a new platform, as CIE astonishingly removed the original platform.The cost of re-opening the station at the time was estimated at 2.5m pounds and only transpired after the Action Group produced a robust and compelling feasibility study establishing customer and commuter demand on the busy mainline route from Monasterevin to Dublin and to neighbouring towns of Portlaoise, Portarlington and Kildare.SEE ALSO – Meet the Laois man who’s been at more All Ireland finals than you can probably remember Previous articleFr Paddy: Transform your difficulties and draw goodness from the negativesNext articleWeekend Read: The Electric Picnic is great … but it needs to clean up its act John WhelanJohn Whelan has been a journalist, commentator, columnist, political analyst, campaigner, politician and publisher ever since he was 17. Having been Editor of the Leinster Express, Offaly Express and the Leinster Leader he has also contributed extensively on a number of issues to all of the country’s flagship titles and programmes including the Irish Press, The Irish Independent, the Star, the Sunday Independent, the Sunday Business Post, The Sunday Times and Prime Time. He is founder of Communicate Ireland a PR, public affairs, event management and media services company.He is the author of the popular camping blog, Vanhalla – Camper Heaven. Pinterest WhatsApp Facebook 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Campaign underway to re-open Laois train station Here are all of Wednesday’s Laois GAA results Pinterestcenter_img It will be a big ask and a hard station, but there is a campaign underway to have the railway line to Mountmellick re-opened.Initiating the ambitious proposal is Mountmellick man, Paddy Brazil.He has launched a petition via on Facebook saying that his home town badly needs to be revitalised.“I ask you to join me in my battle to persuade the powers that be to re-open the wonderful local amenity that was once our train station,” he appeals.Paddy cites high rental costs elsewhere, lengthy commutes and traffic congestion and the carbon footprint as good grounds to re-open the town’s train station. By John Whelan – 14th September 2019 Twitter Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory WhatsApp Facebook RELATED ARTICLESMORE FROM AUTHOR Home News Community Campaign underway to re-open Laois train station NewsCommunity Twitter GAA last_img read more

More action needed on conflicts faced by equity analysts: report

Keywords Analyst research,  Conflicts of interestCompanies Financial Industry Regulatory Authority, Securities and Exchange Commission A new report from the U.S. Government Accountability Office finds that regulators could be doing more to address equity analysts’ conflicts of interest. The GAO report follows up on regulatory settlements that were reached back in in 2003 and 2004 between the U.S. Securities and Exchange Commission, self-regulatory organizations, and 12 broker-dealers to address conflicts of interest between the firms’ research and investment banking personnel. As part of the settlements, the firms had to undertake reforms designed to sever links between research and investment banking, and the SROs adopted rules to address analyst conflicts. The GAO was mandated to study these issues once again as part of the Dodd-Frank reforms. BFI investors plead for firm’s sale Related news Incentive conflicts, regulatory burdens on AMF agenda Facebook LinkedIn Twitter IIROC sanctions rep over undisclosed real estate dealings Share this article and your comments with peers on social media It found that both the original settlement and other regulatory actions have helped to address conflicts faced by equity analysts, and that they have led to improvements in analysts’ recommendations. Also, independent monitors have found that the 12 firms were generally complying with the terms of the settlement. Additionally, broker-dealers, institutional investors, and others told the GAO that the regulatory actions have helped insulate equity research from investment banking influence. “Although SEC and [Financial Industry Regulatory Authority] have been taking regulatory action to further address conflicts faced by research analysts, additional action is warranted,” it concludes. It notes that FINRA has been working to finalize a rule proposal designed to broaden the obligations of firms to identify and manage equity analyst conflicts, and better balance the goals of helping ensure objective and reliable research with minimizing regulatory costs and burdens. It’s also working on a rule proposal that would address conflicts faced by debt research analysts. The GAO says that FINRA plans to package its two rule proposals together and submit them to SEC in the first half of 2012. But it notes that the SEC and FINRA have not proposed codifying the settlement’s other terms, which means that the 12 firms that participated in the original settlement are subject to more stringent requirements than the rest of the industry. “By not formally assessing whether codifying any of the settlement’s remaining terms provides an effective way of furthering investor protection, [the] SEC may be missing an opportunity to provide the same level of protection for all investors,” it says. As a result, the GAO report recommends that the SEC formally assess whether any of the global settlement’s remaining terms should be codified. “To help ensure that investors consistently are protected from potential conflicts of interest between research analysts and investment bankers employed by the same broker-dealers, the chairman of SEC should direct the appropriate divisions or offices to formally assess and document in a recommendation whether any of the global settlement’s remaining terms should be codified,” it says. James Langton read more

Boost for East Gippsland jobs

first_imgBoost for East Gippsland jobs The Federal Government will provide $7 million supporting five East Gippsland community-based projects to boost the regional economy.Deputy Prime Minister Michael McCormack and Federal Member for Gippsland Darren Chester have announced the first projects under the ‘Regional Recovery Partnership’ (RRP).“We recognise that East Gippsland has been one of the regions hardest hit by the combined impacts of drought, bushfires and the coronavirus and this program is designed to respond to local economic priorities,” Mr McCormack said.“The RRP program reflects the Australian Government’s commitment to working in partnership with other levels of government to deliver targeted initiatives supporting jobs, economic recovery and economic diversification.“The successful projects all have funding commitments from the state or local government and have the capacity to be delivered over the next 12 months.”Successful projects in the electorate of Gippsland are:Krautungalung walk, Lakes Entrance, $2.2 million.East Gippsland Rail Trail, $2 million.Forest Park, Orbost, $1.3 million.Slip Rd, Paynesville, $1 million.Koala Discovery and Rehabilitation, Paynesville and Raymond Island, $500,000.Mr Chester said the projects were part of an ‘active Gippsland’ initiative that he was promoting to improve the liveability of local towns and grow the visitor economy.“All of these projects are investments in the future of our region to drive jobs growth during construction but also deliver long term, sustainable opportunities in tourism and retaining skilled workers,” Mr Chester said.“We need to keep improving community infrastructure to attract and retain workers in health and education and at the same time, promote the visitor economy on a year-round basis.“Projects like streetscape improvements, the rail trail, Krautungalung walk and the koala discovery centre are all about improving our regional attractions and transforming the local economy.“I’m looking forward to delivering these projects as soon as possible, in partnership with East Gippsland Shire and local community groups.”East Gippsland Shire Council Mayor Mendy Urie said the Federal Government funding would accelerate development on projects the Council had already identified as high priorities.“We welcome the funding announcement because it allows Council to bring forward projects we had already part-funded by us or secured grants from other sources,” Cr Urie said.“These initiatives, across multiple towns, will support the social, economic and cultural life of East Gippsland and enhance our region as a place to live, invest in, and visit year-round.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, Australian, Australian Government, coronavirus, Deputy Prime Minister, East Gippsland, East Gippsland Shire Council, Federal, federal government, Government, infrastructure, Lakes Entrance, liveability, Orbost, Paynesville, Prime Minister, Raymond Island, regional development, sustainablelast_img read more

CU-Boulder Diversity Summit To Be Held All Day March 13

first_img Published: March 1, 1998 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail An update on the state of affirmative action and some implications for the University of Colorado at Boulder will be presented March 13 at the third annual Chancellor’s Diversity Summit, “Beyond the Choir.” Activities will run from 8:40 a.m. to 4:30 p.m. in the Dal Ward Athletic Center and are open to all CU-Boulder students, faculty and staff. Scheduled events include an address by Chancellor Richard Byyny on the state of diversity affairs on campus, an update on affirmative action from law Professor Richard Collins, a discussion of admission policies in light of current affirmative action issues and a report from the Chancellor’s Task Force on Civility. “We’d like to bring in some more ‘diverse’ opinions on the issue of diversity,” said Patrick McQuillan, professor of education and chair of the Chancellor’s Advisory Committee on Minority Affairs. “We feel that there are lots of people at the university who are committed to this idea, but who aren’t sure what it means for them,” he said. “We’d also like to include folks who have real concerns or reservations regarding diversity to be a part of the day’s dialogue.” Two sessions are aimed at gathering information for Chancellor Byyny on things that various campus constituencies — students, faculty and administrators — feel should be part of a university diversity education program. Another is designed to help campus units think about how they can integrate a commitment to diversity into their academic program reviews. In two other workshops, experienced faculty will examine the issue of making diversity issues a more explicit focus in their teaching, including the benefits and the tensions that arise from such decisions, McQuillan said. The summit is organized by the Chancellor’s Advisory Committee on Minority Affairs, the Chancellor’s Committee on Women, the Chancellor’s Task Force on Civility, the Chancellor’s Standing Committee on Gay, Lesbian, and Bisexual Issues, and the Program Accessibility Committee.THE THIRD ANNUAL CHANCELLOR’S DIVERSITY SUMMIT:”BEYOND THE CHOIR”Dal Ward CenterMarch 13, 1998 8-8:30 Refreshments 8:40-10:10 A Discussion of the Shifting Socio-Political Context of Diversity at CU (1) The Honorable Raymond Pierce (Deputy Assistant Secretary, Office for Civil Rights, U.S. Department of Education): Implications of affirmative action.(2) Richard Collins (Law School): An update on the state of affirmative action and some implications for the university. (3) Gordon Chavis (Admissions): A discussion of CU Admission policies in light of current affirmative action issues. (4) Merrill Lessley (Professor of Theatre, Associate Dean for the Arts and Humanities) : A report from the Chancellor’s Task Force on Civility. 10:20-11:20 Workshop Sessions I (1) Planning Initiatives to Support Community: What Do You and Your Colleagues Want?: Chancellor Byyny has asked CACMA and other university groups involved with issues of diversity to help him determine what a diversity education program for the university should look like. With this issue in mind, the session will solicit participant input as a means to help the Chancellor address this concern. (2) “Unexpected Benefits and Unhappy Choices: The Tensions (Creative and Otherwise) of Diversifying Curriculum”: In this session, Associate Professor and President’s Teaching Scholar Lee Chambers-Schiller will share the surprises, unexpected conflicts, and tensions that emerged as she tried to refashion a course with an eye toward diversifying the content and taking into account new knowledge that has emerged for historians from new research in ethnic and racial studies. (3) Ism’s & Schisms: During this workshop, the Institute for Multicultural Development will present information on the interconnection of the “isms.” The presentation is designed to promote a better understanding of the “other” through our experience with identities that tend to be marginalized in the dominant discourse and everyday life. Also discussed will be the issues of power and privilege in relation to the distinct individual identities that shape our community.(4) Diversity & the PRP (academic program reviews): Associate Vice Chancellor for Faculty Affairs Todd Gleeson will describe the PRP planning process, how Diversity Plans are integrated into the PRP process and how the process can be used to assist departments in strengthening their plans and realizing their goals. 11:30-12:50 Lunch Diversity in the New Millennium 1-2 Student Panel: A student-directed discussion of what university instructors can do to support the students of color they serve. 2:10-3:10 Workshop Sessions II (1) Planning Initiatives to Support Community: What Do You and Your Colleagues Want?: (see above) (2) Teaching for Diversity: In this session, organized by Professor Anne Costain, Associate Dean for Social Sciences, a panel of faculty from Arts and Sciences will discuss the issue of integrating issues of diversity into their university teaching. (3) Ism’s & Schisms: (see above)(4) Redefining Service: For university faculty, the matter of “service” can be problematic — in terms of the demands imposed by service and the official “rewards” for doing so. To provide some insight into this matter, Associate Professor of Communication Brenda J. Allen will discuss her own experience in the area of university service. 3:15-4:30 Closing Session: An address by Chancellor Byyny as to the state of diversity affairs on campus, including an update of the new Associate Vice Chancellor for Diversity Position.last_img read more

Join the Campus Q&A each Tuesday

first_img Noon each Tuesday through April 2021Join the Campus Q&A:ZoomA direct link to join via Zoom is available.iPhone one-tapU.S. attendees can join via iPhone one-tap at: +13462487799,,96354279215#  or +16699006833,,96354279215# TelephoneFor higher quality, dial a number based on your current location:U.S.: 1-346-248-7799; 1-669-900-6833, 1-253-215-8782; 1-312-626-6799; 1-646-558-8656; or 1-301-715-8592 Webinar ID: 963 5427 9215International numbers are also available. H.323/SIP room systemH.323: (U.S. West) (U.S. East) (India, Mumbai) (India,Hyderabad) (Amsterdam, Netherlands) (Germany) (Australia) (Singapore) (Brazil) (Canada) (Japan)    Meeting ID: 963 5427 9215    SIP: [email protected] Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Jan. 12, 2021 CU Boulder leaders provide weekly virtual meetings in a question-and-answer format for the campus community, addressing campus COVID-19 impacts and efforts. They provide the latest information on the university’s ongoing response to the pandemic and take questions.The series, a continuation from the fall semester, resumed on Jan. 19. The sessions continue from noon to 1 p.m. each Tuesday through April. Faculty and staff members, students and Buff families are invited to join the webinar via Zoom. Boulder County is also hosting weekly virtual COVID-19 update sessions.Final session for the semesterApril 27: This week’s Campus Q&A will be the last of the semester, focusing on students and families. Chancellor Phil DiStefano, Chief Operating Officer Patrick O’Rourke and Provost Russell Moore will discuss plans for returning to campus in the fall. Topics will include class schedules, registration and on-campus activities next semester. There will also be updates on vaccines and public health and safety guidelines, as well as closing thoughts on the spring semester.Events Calendar Categories:GeneralEvents & Exhibitslast_img read more

Audit Report Due in September on CSME Progress

first_imgAudit Report Due in September on CSME Progress Office of the Prime MinisterJuly 8, 2010 RelatedAudit Report Due in September on CSME Progress RelatedAudit Report Due in September on CSME Progress FacebookTwitterWhatsAppEmail CARICOM Heads of Government have given the audit team until September to complete its report on the progress of the implementation of the CARICOM Single Market and Economy (CSME).Chairman of CARICOM and Prime Minister of Jamaica, the Hon. Bruce Golding, was responding to questions regarding the slow implementation of the CSME, at a press conference called to give a final briefing on the proceedings of the 31st Regular Meeting of the Conference of Heads of Government of the Caribbean Community, held at the Rose Hall Resort and Spa, in Montego Bay, St. James.He said the Heads propose to examine the report to determine the reason for non-compliance with some of the regulations already passed. However, Mr. Golding noted that some countries were facing challenges in implementing aspects of the CSME because of issues such as inadequate institutional capacity.“There are several pieces of complex legislation that have to be enacted in order to give effect to the decisions relating to the CSME. I speak for Jamaica when I say our legislative capacity is under stress, and if Jamaica can have those challenges, I’m sure that other countries have the same challenges, if not worse,” he reasoned. Mr. Golding said CARICOM must assess the assistance needed to improve capacity in these countries facing difficulty.The CARICOM Chairman also cited provisions of the CSME which countries found difficult to implement. Free movement was one such example, he noted, because implementation means grappling with pressures related to housing, health care and education.Turning to the issue of resolving trade disputes, Mr. Golding expressed concern that not enough countries were applying the provisions of the revised Treaty of Chaguaramas in this matter.“Whenever there is a dispute between two countries we fight it out in the press…when there are mechanisms in place,” Prime Minister Golding said.He outlined that there is a provision for a panel of conciliators, as well as arbitrators, and adjudication by the Caribbean Court of Justice. “That’s what it is there for, to interpret the Treaty and to resolve disputes of a particular nature that emerge from time to time between nations,” he argued.center_img Advertisements RelatedAudit Report Due in September on CSME Progresslast_img read more

Shazam closes $30M investment; valued at $1B

first_img Apple closes Shazam acquisition AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 21 JAN 2015 EC clears Apple acquisition of Shazam Saleha Riaz Shazam, the company behind the app that helps users identify music, has closed a $30 million investment to support growth, making it the fifth UK tech start-up to be valued at over $1 billion.In the past year, Shazam has crossed 100 million monthly active mobile users, launched new capabilities for print ads, QR codes, packaged goods and barcodes and also integrated with Spotify and Rdio to let users play music within the app, the company said in a statement.“Our move into multiple new environments in 2014 has allowed our users to connect to more aspects of their world while enabling our partners and advertisers to reach our massive and engaged user base like never before.” said CEO Rich Riley, adding that the company is “excited to continue to focus on user growth and engagement, building on our strength in music and innovating to increase the universe of what is Shazamable in order to realise the enormous potential of Shazam.”According to Olivier Bernard, VP EMEAR at App Annie, which provides analytics for app developers and publishers, Shazam’s success “validates the idea that mobile app development should no longer be seen as a side project, but as important as desktop and web” and believes that Shazam is “a prime example of a company that has catered towards what its users want.”Last week, Shazam announced a partnership with Gimbal, which produces context awareness, proximity and personalisation technology, to enable brands and advertisers to provide a more personalised experience to Shazam users. Tags Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Shazamcenter_img HomeAppsNews Shazam closes $30M investment; valued at $1B Previous ArticleSamsung’s Tizen device sees poor welcome – reportNext ArticleIsraeli QR code firm Visualead bags backing from Alibaba Author EC commences probe into Apple acquisition of Shazam Apps Relatedlast_img read more