North West left out of outdoor dining development fund – Harkin

first_img Twitter WhatsApp Twitter Loganair’s new Derry – Liverpool air service takes off from CODA News, Sport and Obituaries on Monday May 24th Arranmore progress and potential flagged as population grows Google+ Important message for people attending LUH’s INR clinic RELATED ARTICLESMORE FROM AUTHOR Google+ Previous articleEnvironmental project encouraging people to grow their own produceNext articleDeputy Doherty says Ulster Bank pull out reducing competition isn’t good News Highland Nine til Noon Show – Listen back to Monday’s Programmecenter_img Pinterest Homepage BannerNews Facebook DL Debate – 24/05/21 A South Donegal Deputy has hit out at what she says is the Government’s cynical disregard of its ‘commitment’ to a policy of Balanced Regional Development.It’s after a fund to support the development of outdoor dining infrastructure was announced for eight cities and towns across the country.Deputy Marian Harkin however, has described the proposal as further discrimination against the North West with no support announced for a single town in the region.She says, the failure to include anywhere in the North West totally disregards where government resources are most needed, and chooses to ignore the fact that the region has been returned to EU designation as a Region in Transition. Facebook North West left out of outdoor dining development fund – Harkin WhatsApp By News Highland – February 20, 2021 Pinterestlast_img read more

A reassessment of the age of the Cockburn Island Formation, northern Antarctic Peninsula, and its palaeoclimatic implications

first_imgNew constraints on the age of the Cockburn Island Formation, northern Antarctic Peninsula, resulting from whole rock laser-stepped heated 40Ar–39Ar dating of associated basalt and palaeomagnetic re-calibration of the ranges of the formation’s fossil diatom taxa, suggest that interglacial conditions existed around 3 million years ago. The refined age of the deposit supports continent-wide Late Pliocene warming in Antarctica, and makes more likely the occurrence of extensive marine incursions in East Antarctica at that time.last_img read more

Conan arrives, and the crowd goes wild! (Not really)

first_img The COVID-19 evacuation wasn’t Harvard’s first The danger of ‘misinformation, disinformation, delusions, and deceit’ The University’s history of upheaval in war and peace, contagions and contaminated puddings Students we interviewed in 2017, now seniors, reflect on the friendships forged with their first-year roommates Comedian and late-night talk-show host Conan O’Brien ’85 addressed the Harvard College Class of ’20 Thursday as part of an afternoon of virtual ceremonies that captured the joy, poignancy, and humor of the day.Acknowledging the less-than-ideal scenario of celebrating via Zoom until an in-person Commencement is safe, O’Brien hammed it up, opening with archival footage of cheering crowds, stunt-flying fighter jets, blasting cannons, and a water-saluting tugboat celebrating his speech.“As you sit here today, or stand, or microwave a burrito, or ride a Peloton, or recline uncomfortably in your childhood bed, or mine Bitcoin, or Google ‘Who is Conan O’Brien?,’ you are witnessing many firsts in today’s ceremony,” O’Brien said in a message recorded as he stood, attired in T-shirt, shorts, and Birkenstocks, before a podium on his sunny backyard lawn.A history and literature concentrator and two-time president of The Lampoon, O’Brien thanked Harvard for his honorary degree in “bosonic string theory and condensed-matter physics” (as the words “No idea what he’s talking about” flashed underneath) and gave a shout-out to the day’s true heroes, the IT department. (“Really nice compression, guys. Beautiful, very little buffering.”)He acknowledged that the ceremonies were not typical but that all involved were doing their best to make up for it. “Trust me, we are taking steps to make today’s Commencement feel as authentic as possible,” he joked. “In fact, right now, Harvard is charging each of you $50 for parking in Cambridge.”,Other lighthearted moments came in a photo montage of the years’ highlights and a Faculty Dean TikTok. Then O’Brien set aside his jokes, telling seniors: “You’ve been handed more than your share.” Reflecting that they were born in the aftermath of the 9/11 attacks, he said, “You’ve only known a world beset by terrorist hate. You’ve grown up with mass shootings and school lockdowns. Horror was completely absent from my childhood. You have now witnessed two economic meltdowns of stunning proportions.“You are remarkable examples to my children of how to be smart, brave, and yes, resilient in a scary world,” he said in his concluding wishes.Danoff Dean of Harvard College Rakesh Khurana also spoke about how proud he was of the senior class, though he began by sharing his sorrow for all the losses, large and small, that the global pandemic had wrought for the students, their families, and the world.“But even as we grieve for what you have lost these past few months, today is a moment to think about what lies ahead and to ask yourself: How are you going to move forward with hope into a world that looks different from the one you were preparing to enter?“This is a hard moment, but it is your moment, and I am confident that you will rise to the occasion,” he said. “Your education has prepared you for what lies ahead.”Graduates celebrated remotely throughout the day with their Houses and, in some cases, their academic departments. From the empty dining hall, Dunster House Faculty Deans Sean Kelly and Cheryl Chen and Allston Burr Resident Dean Michael Uy hosted a live Zoom ceremony to honor their students. Almost 350 participants, including House staff and tutors, students and their loved ones, gathered to watch remarks by Kelly, Chen, and Uy, and to toast one another.Kelly, who is Teresa G. and Ferdinand F. Martignetti Professor of Philosophy, said the seniors were “the first class we saw through an entire cycle [as Faculty Deans],” and that they were grateful to have had the chance to share beloved traditions such as the red-tie dinner, the goat roast, and, more recently, virtual trivia nights and senior dinner.“While your College days did not end in the way you would have liked, I hope you will still remember your time here fondly, and eventually with the passage of time, the 7½ semesters on campus will be more salient to you than the last half-semester away from it,” added Chen, a senior lecturer in philosophy.,Uy read out the names of the graduates, and students raised their hands to be spotlighted. Many were gathered with their families, wearing graduation robes and hats, waving Harvard flags, flanked by balloons, and covered with confetti (and champagne).The Department of Statistics marked the day in several ways. In the morning, it posted a video tribute to its graduates, featuring students, faculty, a unicorn Squishy, and senior lecturer Mark Glickman performing “Happy Graduation” (to the tune of “Happy Birthday”) on guitar.Later in the day, the department held two Zoom receptions celebrating the department’s newly minted graduates. At its event for Ph.D. students, department leaders gave congratulatory remarks before members of the dissertation committees spoke about the impact of each graduate’s work.Luke Weisman Miratrix, a department affiliate from the Harvard Graduate School of Education, spoke about mentoring Nicole Pashley, who is starting as an assistant professor in statistics at Rutgers University next year.“She’s been one of those students who self-mentors to a large extent,” Miratrix said. “The first day she arrived in my office she clearly told me some things that worked well for her and some things that didn’t. For example, she told me that she liked to listen and then go off and think … What I didn’t realize at the time was that when she went off to think, that meant generating pages and pages of mathematics, which I would then have to read when she came back.”Pashley, who watched the event from her apartment in Cambridge with her husband, Oliver, said she hopes to keep up that work ethic next year, and maybe even pass it on to her future students.,Relatedcenter_img An enduring bond Washington Post’s Baron sends along the Class of 2020 with message that facts, truth matter The Daily Gazette Sign up for daily emails to get the latest Harvard news.last_img read more

Fund of funds gives Swiss investors option to deploy capital into SMEs

first_imgCompanies looking for financing would issue preferred shares for the fund in which asset owners can invest in.The proposal stems from research activity that Fahlenbrach conducted with his colleague Erwan Morellec, professor of corporate finance at EPFL, and Jean-Pierre Danthine, former vice president of the Swiss National Bank.It is based on the assumption that pension funds, or other institutional investors, often lack enough expertise and resources to carry out due diligence on companies.“The second problem is that the money a pension fund can deploy in a small and medium sized company, let’s say up to CHF5m (€4.5m), is not enough to carry out all the due diligence that it is necessary,” Fahlenbrach explained, adding that the solution is viable long term.Financing for small and medium sized companies in Switzerland is limited to own capital injection or a bank loan.“An entrepreneur that takes money from the bank has to pay back the debt and the interest, no matter the economic uncertainty, and in uncertain times, entrepreneurs may be reluctant to take loans because they do not know whether they generate enough revenue to pay interest and principal,” he said. “An entrepreneur that takes money from the bank has to pay back the debt and the interest, no matter the economic uncertainty”Rüdiger Fahlenbrach, professor at the Swiss Finance Institute of EPFLThe COVID-19 pandemic caused the Swiss GDP to fall by 2.6% in the first quarter of 2020, according to the State Secretariat for Economic Affairs (SECO).The Swiss government has given guarantees for SMEs emergency loans.“The government has essentially provided guarantees for about $17bn of bank loans, and we envision that the fund of funds could be started by converting these bank loans into preferred shares, held by the newly created fund.”Fahlenbrach stressed that the participation of the state does not make the fund public, but added that in uncertain economic times it would need capital from the government in the form of equity on top of money from institutional investors.“The state is necessary in the fund right now because there is still a level of uncertainty on whether the economy is going to recover, but when things are more stable, then the fund can run without the participation of the government,” he said.If the economy recovers, companies will not default and pay the dividends, the state may opt to divest its part in the fund to other investors, he added.So far, he said, the proposal has been pitched to bankers, while the essential question remains: is there interest from pension funds or institutional investors in such a fund of funds and appetite for this financial instrument?“I would hope so, because Swiss entrepreneurs would get access to a new source of funding that does not dilute their voting rights, and is not as strict as a bank loan,” Fahlenbrach said.“There are only so many public companies they could invest in, and the fund is an additional financial instrument to deploy money in Swiss francs that is not public equities, large corporate bonds or Swiss government bonds,” he added.To read the digital edition of IPE’s latest magazine click here. Swiss pension funds, and other institutional investors, may rely on a fund of funds instrument to invest in small and medium sized companies in times of crisis, Rüdiger Fahlenbrach, professor at the Swiss Finance Institute of the Ecole Polytechnique Fédérale de Lausanne (EPFL), told IPE.“In a fund of funds, a private company does the due diligence to find small and medium sized companies that need financing. It creates a large portfolio of preferred shares in the companies, and the pension fund or institutional investor then buys parts of the fund,” Fahlenbrach said, adding that the vehicle would lead to portfolio diversification.Another instrument to attract investments in the local economy, linked to the idea of fund of funds, is a new type of security – cumulative preferred shares – that offers more flexibility to companies.Fahlenbrach explained: “Preferred shares do not offer shareholders voting rights, there is no fixed maturity date to pay back a principal” and a company is allowed skip a dividend payment during difficult times, but such dividends are accumulated and paid at a later date.last_img read more

ECU’s Jayden Gardner turning in terrific freshman campaign, and looking for more

first_imgEast Carolina’s Nov. 6 matchup against Delaware State wasn’t the first time Jayden Gardner played in Williams Arena at Minges Coliseum, where the Pirates play their home games. But it was the first time he’d ever received cheers there.The ECU freshman forward’s first played there in March 2018 — eight months prior to his collegiate debut — as the senior star for Heritage High School (Wake Forest, N.C.). There, his 21-point, eight-rebound effort helped the Huskies to a 61-55 overtime win over South Central  (Winterville, N.C.) that sent his team to the North Carolina High School 4A State Championship. At the time, most fans in attendance weren’t too happy with Gardner’s performance.SCHLARP: Mike Daum’s homegrown loyalty producing big numbers for SDSU“It was a good feeling,” Gardner told Sporting News. “It was really surreal to play on the court, but I think at that time I was getting booed because South Central is only 10 minutes from there.”These days, you’ll have a difficult time finding anyone at Minges booing Gardner’s performances. The 6-6, 245-pound freshman has quickly become a leading attraction for the 12-11 Pirates, leading the team with 17.7 points and 8.8 rebounds per game.He posted his first double-double in just his third career game at ECU, leading the Pirates with 30 points (on 9-of-10 shooting) and 10 rebounds in an 84-78 overtime win against visiting Lamar. Later, in a 76-65 loss to UCF, Gardner made American Athletic Conference history, putting up 35 points and 20 rebounds for the conference’s first 30-20 double-double. That effort also made him the first freshman to post multiple 30-point games in AAC history. That feat is all the more impressive considering it came against 7-6 center Tacko Fall.“UCF was starting to pull away, because Tacko’s so big. He was really deflecting a lot of our shots,” Gardner said of his performance. “I seemed to be the only one that could get the ball in the basket, so I eventually got hot and just kept it going the whole game.”Gardner has made an early name for himself doing just that, whether it’s dashing his way into the lane or out-muscling opponents on his way to the basket for a quick score. That said, even some on his own team are surprised by the big numbers he has put up so far. That includes ECU associate head coach Raphael Chillious.“We figured that he would be a high-level rebounder in college, no matter what league he played in,” Chillious said during the American teleconference on Monday. “His ability to score multiple different ways and make plays for other people, and really compete against much taller players at his position — that’s been a big-time X-factor for us.”Gardner’s versatility and strength in the post make it easier for his teammates to set him up for success — “They know I have a knack for scoring,” he said — but also make him one of the most fouled players in Division I. His 191 free-throw attempts this season ranks sixth nationally and most among freshman.That reveals yet another interesting facet to Gardner’s game: his specialty free throw.His pre-shot routine is normal enough, featuring some mix of dribbling and bending of knees. Then comes the interesting part: He jumps, barely lifting his feet off the floor as the ball leaves his fingertips and arcs toward the goal in what is, more often than not, a successful attempt.I’ve been working this week on the backstory and why #ECU standout Jayden Gardner hops at the line when he shoots free throws. Here’s some video I snagged, and look out for the feature Sunday in @reflectornews pic.twitter.com/FenzCUvZpS— Ronnie Woodward (@RonnieW11) January 11, 2019It’s out of the ordinary, but it works. Gardner shoots 75.9 percent from the line and ranks 13th nationally in free throws made.”So,” Gardner said, “I just keep the routine going.”SCONZO: Chris Clemons forging unforgettable legacy at CampbellHis early season success has turned some heads, but it has also caused opponents to key in heavily on the freshman phenom.“Teams in our conference are loading up and they’re either doubling post-to-post, or they’re choking from the guard closest to him, and when he gets (the ball) on the perimeter sometimes they’re running two and three men at him, and making him make basketball plays,” Chillious said. “There’s been spots where he’s struggled, but there’s been spots where he’s been really good at figuring it out.” That said, Chillious said the last few weeks of the regular season could be an opportunity for Gardner to use what he’s learned to improve his game. It’s an opportunity the freshman — who prides himself on his work ethic — is ready to take on. The attention that has come with his breakout season has required Gardner to learn from his own teammates: not only in learning the minutiae of the game, but also in conducting himself like a leader. In that endeavor, he said, senior Isaac Fleming and sophomore Shawn Williams have been indispensable.“Everyone’s bigger, the competition is better,” Gardner said. “You just got to be able to go out there and even though you’re young you just got to go out there and compete with these kinds of guys every night and give it your all, and you’ll come out successful.”As the 2018-19 regular season gives way to the American Tournament, Gardner has been able to enjoy his in his debut year while still looking ahead ahead to his long-term goal. He hopes to make the NCAA Tournament during his time at ECU — the Pirates haven’t been since 1993 — and believes he can accomplish that alongside his teammates. But that’s not all. He also wants to be recognized not just for his on-court talent, but the character with which he plays.“Be known as not only an athlete,” Gardner said, “but a good person here at East Carolina University.”Early indications suggest Gardner will achieve that. It’s true he played his first game at Minges Coliseum amid boos. But, at the rate he’s going, that’s something he’ll never experience there again.last_img read more