Make sure you can afford your children

first_imgI’m writing in reaction to a portion of the Dec. 3  article, “Minimum wage, maximum stress.” I have to admit that I was more than a little riled when I read the segment telling the story of 28-year-old Christopher Gordon. Nine children? Really? Interesting, how so many of us have to decide how big of a family that we can realistically support.It seems that Mr. Gordon gave no thought to this as he partook in creating these nine children. I wonder how many of his children are in need of public assistance because neither he nor his partner took into consideration the consequences of their actions. I certainly can understand and be compassionate of the circumstances that affect the other individuals interviewed for the article. I think The Gazette did a disservice to the other interviewees by adding Mr. Gordon to the mix. Jill MiglinBurnt HillsMore from The Daily Gazette:EDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Beware of voter intimidationFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Urgent: Today is the last day to complete the census Categories: Letters to the Editor, Opinionlast_img read more

Read More →

Dog track bought to support Olympic bid

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Read More →

Cardiff Council and NTL connect for HQ talks

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Read More →

BT agrees £13bn funding plan to plug pension scheme deficit

first_imgSource: BTBTPS is the largest single-employer DB scheme in the UK with £49.1bn of assets as of the end of June 2017. However, it has long been struggling with a deficit that has grown by more than half in three years.Last year it attempted to switch its inflation measure to reduce the size of future inflation-linked benefit increases, but despite support from the trustees it was rejected by the UK’s High Court in January.Last month BTPS agreed to sell a 60% stake in its wholly owned asset manager, Hermes, to US group Federated Investors, raising £246m.In January, BTPS announced that its chief executive Eileen Haughey would step down following the completion of the valuation. In total, the company stands to pay more than £13bn into the scheme by 2030 – an increase of more than £5.5bn on the last recovery plan, agreed following the scheme’s 2014 valuation.#*#*Show Fullscreen*#*# BT is set to plug its £11.3bn (€12.8bn) pension scheme deficit with a £4.5bn payment spread over three years, as part of its overall recovery plan for the BT Pension Scheme (BTPS).The UK telecoms group will pay in £2.1bn over three years to 31 March 2020 in addition to a further £2bn contribution to be funded by a bond issuance.In addition to a further £400m transfer to the scheme for the financial year 2020-21, the overall total will be paid by 30 June 2020 when the next actuarial valuation is due.The goal was to meet the deficit within the next 13 years, BT said. From 1 April 2020, the company will make additional annual payments of £900m into the scheme for the next 10 years.center_img Source: BTHow BT’s new contribution schedule compares to that agreed in 2014Paul Spencer, chairman of BTPS’ trustee board, said: “The substantial contributions agreed with BT in the near term, together with ongoing developments in the scheme’s investment strategy, are expected to lead to a material improvement in the stability of the scheme’s funding position.”The underlying investment strategy of the fund is set to shift in order to lower “the level of investment risk in the scheme, as well as continuing to de-risk in the future”, BT said. It said that 15% of its assets had already been moved away from growth holdings to lower-risk investments, such as bonds. This provided “a substantial reduction in risk for the scheme and BT”, the company said.For many in the industry, however, the headline figure of £4.5bn towards the overall deficit was the main factor.“The quantum is always welcome,” said Richard Farr, managing director at Lincoln Pensions. “Clearly it is a large quantum because the scheme itself is very large.”“It is a welcome development and others should follow [BT’s] example,” he added.Hybrid scheme plans confirmedThe telecoms group also confirmed plans to launch a “hybrid pension”, which – while technically not a collective defined contribution plan – would be similar in make-up, comprising elements of both defined benefit (DB) and defined contribution (DC) schemes.According to details released by BT, under the auspices of the new scheme members would be able to build up a defined benefit pension on up to a certain salary threshold. Anything over that limit would trigger a contribution from BT into a DC pot, the company said.BT’s plans for a hybrid pension drew particular praise from the Communication Workers Union (CWU), one of the unions representing employees of the telecoms group. CWU said it was clear that it was “the right thing to do to reach a deal with BT over the future of its defined benefit scheme”. Andy Kerr, deputy general secretary of telecoms and financial services at CWU, said: “We feel the size of the pension deficit has vindicated our decision to reach an agreement on the pension scheme which will provide an innovative hybrid scheme with part defined benefit and part defined contribution for our members, lessening future risk for employees.”Unions including CWU and Prospect worked to secure improvements to BT’s DC scheme as well as pay increases. The hybrid scheme plans were initially announced in March, with the aim of closing parts of the DB scheme at the end of this month.#*#*Show Fullscreen*#*#last_img read more

Read More →

Food, travel fair features Aklan agri products, cuisines

first_imgA customer visits a stall which sells farm produce and cuisines unique from across Western Visayas. This food and travel fair of the Department of Tourism from Dec. 6 to 8 is expected to draw passionate culinary and farm tour buddies across the region. PHOTOS ROSELLE RUIZ /PTO AKLAN Today, the province will treat foodenthusiasts in a cooking demonstration of local dishes like “inubaran ngamanok,” mixing demonstration of Destileria Barako and degustation feast whichbrings in the culinary masterpieces that best identify the province of Aklan. The food and travel fair is open tothe passionate culinary and farm tour buddies. “Kain Na! (Let’s Eat)” features farmand culinary extravaganza of the provinces of Aklan, Capiz, Guimaras, Iloilo,and Antique. It will also showcase the creativity and talents of local chefs onregional cuisine and delicacies. Kain Na! is a series of events held bythe DOT in different cities and regions across the country to highlight itsculinary tourism and to promote tourist destinations.(With a report from Akean Forum/PN) The Kain Na! Aklan exhibitors includethe provincial Tourism office, Destileria Barako and Southwest Tours. Tumandok it Akean Performing Arts ofthe Aklan Culture and Arts, Foundation, Inc. will perform with its artistic andcultural offerings to the public through dance and music.  KALIBO, Aklan – The culinary projectof the Department of Tourism (DOT) from Dec. 6 to 8 in Iloilo City is expectedto draw food exhibitors, farm resort owners and tour operators, agro industrygroups, academe, hotels, and restaurants across Western Visayas. The Bullo Hillside Integrated Farm andMeliton Integrated Organic Farm will also sell locally produced and freshagricultural products from the province. last_img read more

Read More →

No more Paraw Regatta; 3 festivals cancelled

first_img* Himud-os Festival of Alimodian town– March 21 Pintados de Pasi attracts between80,000 to 100,000 spectators annually, said Palmares. ILOILO City – The 2020 edition of theannual Paraw Regatta has been scrapped. But with the COVID-19 threat growing,Treñas said doing away with the regatta this year would be wiser. “Hopefully, next year na lang. Mangamuyo kita nga matapos na initanan,” said Treñas. The 2020 Pagdaug-Saludan Festival ison its sixth year now./PN Paraw Regatta was originally scheduledon Feb. 23 to March 1. The schedule was changed to April (1-5) after Treñasissued an executive order cancelling all big events for February and March. Mayor Geefre Alonsabe of Alimodiansaid he would be calling for a meeting with barangay captains today and explainthe decision to postpone Himud-os Festival to a later date. Paraw Regatta is a race of wind-propelled native boats at the Iloilo Strait. Now on its 48th year, it is considered the oldest sailing event in Asia and the largest in the Philippines. The 2020 edition of the annual regatta, however, has been scrapped due to the theat of the coronavirus disease 2019. PN FILE Meanwhile, three festivals in Iloiloprovince scheduled this month have been cancelled after Gov. Arthur DefensorJr. ordered  on Wednesday the suspensionof big gatherings for 45 days. These were the following: * Pintados de Pasi Festival of PassiCity – highlight should have been on March 22center_img After two postponements of the sailing race, Mayor Jerry Treñas announced yesterday, “next year na lang” due to the threat of the coronavirus disease 2019 (COVID-19). * Pagdaug-Saludan Festival of Tigbauantown – March 18 Passi City’s Mayor Stephen Palmaressaid his people’s health should come first. On the other hand, Mayor SuzetteTenefrancia-Alquisada of Tigbauan said, “The health and safety of ourconstituents is the primary concern of this local government unit.” Paraw Regatta is a race ofwind-propelled native boats. Now on its 48th year, it is considered the oldestsailing event in Asia and the largest in the Philippines. BY GLENDA TAYONA and IME SORNITO Staging it in November was initiallyexplored but the mayor said wind conditions at the Iloilo Strait may not beideal for the sailing race anymore. The festival has six competingcontigents; the local government  alreadyreleased to them financial subsidies, said Alonsabe. The festival would be staged when thesituation improves, he said without giving any date.last_img read more

Read More →

November Book Fair planned at BMS

first_imgBatesville, In. — The Batesville Middle School has announced a book fair in November.Residents can preview or buy materials in the Media Center on Monday, November 5 from 7:45 a.m. to 3:15 p.m. Tuesday, Wednesday & Friday (November 6, 7 &9) from 7:45 to 3:15 p.m. and Thursday, November 8 from 4:30 to 7:30 p.m. during Italian Feast.last_img

Read More →

Ibrahimovic: ‘Not here to be Milan mascot’

first_imgZlatan Ibrahimovic has revealed that he’s not in Milan as a mascot but to work and bring better results to the club. Milan have released a video of Zlatan Ibrahimovic’s arrival last night, as he will sign the extension tomorrow. Loading… “I wanted to come back home. Now we can start working,” Ibrahimovic told the official Milan website. “As I’ve always said, I am not here to be a mascot, but to bring results, to get Milan back where they ought to be. We had six great months, but haven’t won anything yet.Advertisement Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable Way2020 Tattoo Trends: Here’s What You’ll See This YearWhich Country Is The Most Romantic In The World?7 Facts About Black Holes That Will Blow Your MindThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalThe Best Cars Of All TimeBirds Enjoy Living In A Gallery Space Created For Them5 Of The World’s Most Unique Theme ParksDid You Know There’s A Black Hole In The Milky Way?Portuguese Street Artist Creates Hyper-Realistic 3D GraffitiTop 7 Best Car Manufacturers Of All Time6 Interesting Ways To Make Money With A Drone “We have the chance now to work from the start and make sacrifices to reach our objectives. I feel in good shape. I hope to see the fans in the stadium soon, as the team needs its supporters and we want to get them jumping. Forza Milan, always.” The Swede flew into Linate Airport with a private jet and immediately had a COVID-19 test, so he went into isolation until the results have come through. read also:Inter Milan join race to sign Atletico Madrid star If they are clear, he can sign a one-year contract on Monday and begin training with his teammates. Ibra had arrived as a free agent in January from the LA Galaxy, scoring 10 goals in 18 Serie A games, but took some time to negotiate a new deal worth €7m. He’ll turn 39 in October and this is technically his third stint at Milan after 2010-12. FacebookTwitterWhatsAppEmail分享 last_img read more

Read More →

Rapper A$AP Rocky back in US after freed from Swedish jail

first_imgNearly a month after he was arrested in Sweden, rapper A$AP Rocky returned to the United States as the verdict in an assault case against him, and two other Americans looms.The 30-year-old artist flew into Los Angeles International Airport on a private plane accompanied by his peers late Friday evening.Rakim Mayers, known by his stage name A$AP Rocky, left Sweden Friday after being released from jail while a judge determines a verdict for the assault case involving his cousin, his friend, and himself.The trio is expected to learn their fate on August 14.Mayers, along with David Rispers Jr. and Bladimir Corniel, are accused of beating 19-year-old Mustafa Jafari on June 30, outside a fast-food restaurant in central Stockholm.Mayers, who had been jailed since his July 3 arrest, plead not guilty at the start of the three-day trial Tuesday.The case gained the attention of U.S. President Donald Trump, who caused a stir in U.S.-Swedish diplomatic relations by publicly getting involved in the matter.Swedish Prime Minister Stefan Lofven heard an appeal from Trump in July but said he could not interfere in a legal case.Trump celebrated the rapper’s temporary release via Twitter on Friday.A$AP Rocky released from prison and on his way home to the United States from Sweden. It was a Rocky Week, get home ASAP A$AP!— Donald J. Trump (@realDonaldTrump) August 2, 2019 The rapper, who maintains his innocence, shared an emotional post on Instagram after he was released, thanking his fans for their support during this “very difficult and humbling experience.”last_img read more

Read More →

College to start offering Persian classes

first_imgUSC and the Farhang Foundation recently announced a collaborative project to launch the school’s first Iranian Studies Initiative, which will bring Persian language classes to the College of Arts, Letters & Sciences and will allow students to minor in Iranian Studies.“The details of exactly what courses will be offered and how quickly Persian studies will grow on campus has not been fully worked out,” Michael Quick, executive vice dean of the College of Letters, Arts & Sciences, wrote in an e-mail.The Farhang Foundation, established in 2008 in Los Angeles, is a non-profit organization that seeks to celebrate and promote the study and research of Iranian art, culture and history for the benefit of the community at large, according to its website.The Iranian Studies Initiative began when the Farhang Foundation contacted USC and offered the university the opportunity to bring an Iranian studies program to the college, Quick said. The idea came from a convergence of three different factors: USC faculty research about the Middle East, student interest in the Middle East and Persian and Arabic languages, and USC’s budding relationship with the Farhang Foundation.“One of the reasons people came to us, Farhang in particular, is because they knew we cared about this,” said Bruce Zuckerman, professor of religion and linguistics.Zuckerman said that he has been helping with this initiative in any way possible. He added that he hopes this initiative will go beyond just language classes and to will examine the culture and influence of Iranian culture.“Languages are a great place to start because if you want to understand a culture, you can’t understand it in translation. You have to begin by understanding the language,” Zuckerman said.Aside from including faculty in the initiative, the Farhang Foundation has also worked closely with the Iranian Graduate Students Association to help promote the initiative and spread awareness, said Yalda Khashe, a graduate student studying industrial and system engineering and member of the IGSA.“I want this initiative to last and I hope people will react and take the classes. I want people to give it a chance and that non-Persians will attend the courses to find out about this culture,” Khashe said. “There are a lot of misconceptions about this culture around the world.”Kevin van Bladel, an associate professor of classics who has also been involved in the initiative, attributes some of the push for Iranian studies courses to students realizing that knowing about Iran could be very important for their careers.“It’s a region of the world that Americans don’t understand enough and the more courses we can offer in that, the better,” van Bladel said. “We want to build a bridge of understanding and we want to make it possible for students to listen to the world and listen to the languages the world speaks.”Although the specific details of the initiative have yet to be established, Zuckerman said it should not take long for Farsi language classes to be offered to students because university officials realize the importance of building up a program of this nature.“If you’re going to be world-class university that engages issues of world importance, Iran, modern, and Persian, ancient, and all that comes in between are things that we can’t ignore,” Zuckerman said.Alia Delpassand, a junior majoring in political science, said she was sho cked when she first came to the university and found out Farsi was not taught. She added that she hopes this initiative will help students gain a better understanding of the Iranian culture.“Unfortunately, within the media today, Iran is not depicted in a positive light — many associate Iran with anti-Semitism and [Iranian] President [Mahmoud] Ahmadinejad. People do not recognize the deep-rooted Persian culture that has substantially impacted civilization today,” Delpassand said. “Having a program like this will definitely be a step toward shrinking the gap of hostility between Iran and the United States.”last_img read more

Read More →