Shaw takes a bow for low interest loans

first_imgRelatedShaw takes a bow for low interest loans RelatedShaw takes a bow for low interest loans Shaw takes a bow for low interest loans Finance & Public ServiceJanuary 21, 2011 Advertisementscenter_img RelatedShaw takes a bow for low interest loans FacebookTwitterWhatsAppEmail Finance and Public Service Minister, Hon. Audley Shaw, is confident that Jamaica will pass the International Monetary Fund’s (IMF) 2010 December test. The tests are targets, jointly agreed on by the Government and IMF, which Jamaica need to meet to access funding from a US$1.27 million standby agreement negotiated in 2010. Speaking at Mayberry Investments Limited’s first monthly Investors Forum for 2011, at the Knutsford Court Hotel on Wednesday (January 19), the Minister noted that Jamaica passed the initial three tests in March, June and September, 2010. “I am confident that we will pass the December test, when the numbers are all finally in”, Mr. Shaw elaborated. He said that, consequent on Jamaica passing the previous tests, the administration was able to draw down close to US$900 million of the US$1.27 million available under the standby agreement. Additionally, the Government raised over US$1.9 billion from multilateral institutions such as the Inter-American Development Bank (IDB), World Bank and Caribbean Development Bank (CDB). He pointed out that these loans were at interests of between .63 percent and 1.2 per cent with the IDB, .63 per cent with the World Bank and 1.2 percent to 1.5 percent with the CDB and IMF, with others at two per cent and a few in the four to five per cent region. Mr. Shaw contended that “by any standard of evaluation and measurement”, this was an outstanding achievement. CONTACT: DOUGLAS McINTOSHlast_img read more

Prison inmates used contraband cellphones in ‘sextortion’ ring targeting military service members, officials say

first_imgMivPiv/iStock/Thinkstock(NEW YORK) — Fifteen people have been charged in a “sextortion” ring run by prisoners using contraband cellphones and targeting U.S. military service members, officials announced Wednesday.The suspects involved are prisoners being housed in the North and South Carolina Department of Corrections, as well their associates on the outside, U.S. Attorney for South Carolina Sherri Lydon told reporters at a press conference.The male inmates charged in the scheme allegedly posed as women who were seeking relationships with the military servicemen, Lydon said. After they would make contact with a member of the military, the suspects would then send them nude images of a young woman and ask for nude photos in return, Lydon said.After an exchange of photos, the suspects would then call the servicemen, claiming to be a police officer or the father of the young woman seen in the photos, and would threaten to notify authorities “unless the serviceman paid him some money,” Lydon said.Naval Criminal Investigative Service special agent-in-charge Drew Goodridge characterized the scam as a “sextortion” ring.“The prisoners used fictitious online personas, preyed on service members to engage them in online romantic relationships and then extort those service members for money,” Goodridge said.He added that the servicemen would then pay the extortion money because they were “fearful that they might lose their careers over possessing what they were led to believe was child pornography.”More than 440 military service members, from different military branches stationed around the country, have paid more than $560,000 in extortion money to the suspects, Goodridge said, adding that its likely that more victims exist.The service members involved were mostly men, Goodridge said. When asked if the service members will face disciplinary consequences from the U.S. military, Goodridge replied that they “committed no crimes themselves.”Authorities simultaneously executed five arrest warrants, served five summonses and interviewed five inmates throughout South and North Carolina, Goodridge said. Among their charges are money laundering, extortion and wire fraud. More than 250 people are also being investigated and could face future prosecution, Goodridge added.The suspects were arrested without incident, said U.S. Marshall for the District of South Carolina Tom Griffin. They will soon appear before a federal judge, Griffin added.Matthew Line, special agent-in-charge of the Internal Revenue Service’s Charlotte office, emphasized the fact that the prisoners charged “did not act alone” and that they recruited family and friends to sneak them cellphones as well as create a financial network in order to spend the money.Associates opened bank accounts and utilized money transfer services and prepaid debit and credit cards to spend the “illegally gotten gains,” Line said.The NCIS began its investigation into a case it dubbed “Operation Surprise Party” in January 2017, but had been monitoring “this particular sextortion cyber crime” for several years, Goodridge said.“It’s been a pervasive problem,” he added.Lydon said authorities announced the indictment to “sound the alarm that these kinds of scams are a significant threat.”South Carolina Department of Corrections Director Bryan Stirling is hoping to install access management systems at all facilities. The technology would only allow calls from approved numbers to go through, rather than jamming the signal, which would block everything, Stirling said, adding “jamming” is common at federal facilities.Among the problems a manage access system presents is the cost of employing someone to oversee the system as well as having to work with engineers when cell phone companies change their frequencies, causing the system to not function properly, Stirling said. It is already been tested in at least one prison, Stirling said.Stirling emphasized that prisoners are able to continue their crimes when they are in the possession of contraband cellphones.“They’re physically incarcerated, but as you see today, virtually, they’re out there among us,” he said. “They’re able to continue their schemes from behind bars and continue their criminal ways.Lydon vowed to hold the suspects accountable.“We do not lock up criminals only to have them go to prison and continue their criminal conduct,” she said. “It is the unfettered use of contraband cellphones that allows inmates to continue harming the citizens of South Carolina.”  Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Increasing public awareness of engineering is vital

first_imgStay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to industry news as it happensBreaking, daily and weekly e-newsletters To continue enjoying, sign up for free guest accessExisting subscriber? LOGIN Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Get your free guest access  SIGN UP TODAY Subscribe now for unlimited accesslast_img read more

Zambian firm to use Chinese import expo to break into global…

first_imgRwanda seeks to market products at 2nd China International Import Expo Egyptian firms to explore Chinese market at 2nd import expo ~Ambassador An exhibition hall at the 2nd China International Import Expo in Shanghai. (PHOTO SOURCE: XINHUA) An exhibition hall at the 2nd China International Import Expo in Shanghai. (PHOTO SOURCE: XINHUA)One of the Zambian firms participating at the second China International Import Expo said on Wednesday that it will use the event to break into the global markets.Moringa Wonder Plus, which is produces organic products from a famous tree moringa, said participating at the expo, which runs from Nov. 5 to 10, gives it an opportunity to open bigger markets.“The China expo is very important to us. Simply put, it means that we are given an opportunity to take that big step to jump from where we are, cross borders and beyond borders,” Ernest Nyambe, the company’s managing director said.He said participating at the expo was the biggest opportunity that any company would be given as it will provide his company an opportunity to market its products to buyers from all over the world.The company, he said, will ensure that it captures all the opportunities that will come its way at the expo and added that the granting of Zambia as a guest country of the expo gives firms an added advantage.With over one billion people, he said China offers an incredible market and that his firm was ready to meet the demand.According to him, the company was able to handle 20 tons of moringa powder, 1,000 liters of moringa seed oil and 20 million capsules made out of organically grown moringa.Relatedcenter_img Can markets solve the Poaching crisis?last_img read more

Bahamas icon Debbie Ferguson joins University of Kentucky coaching staff

first_imgBAHAMIAN track icon Debbie Ferguson-McKenzie has been appointed assistant coach at the University of Kentucky for the 2018-2019 season.The 42-year-old Ferguson-McKenzie will form part of the support staff for head coach Lonnie Greene, who was appointed to his position earlier this year after a successful six-year run at Purdue.“I want to be one of the first to welcome coach Debbie Ferguson-McKenzie to The University of Kentucky,” Greene said. “She brings a wealth of knowledge and experience in this noble profession of ours.  She will bridge the gap between coach Tim Hall and myself. I am excited for her to get started on our staff.”Ferguson McKenzie joins the UK staff after spending the past four seasons at the University of Houston where, according to a statement put out by UK, she helped build that programme into a nationally relevant contender.“I’m thankful to coach Lonnie Green and the UK administration for giving me the opportunity to work with the Wildcats,” Ferguson-McKenzie said. “Being able to work within the SEC is an honour and a privilege. I want to also thank Houston and every one I worked with there. Now I’m so honoured and excited to be with UK.“I’ve always heard great things about coach Greene, particularly his loyalty and pedigree. I know I’m joining one awesome staff. The group of coaches he’s assembled and support staff are very exciting, positive, spiritual and grounded. I’m looking forward to working to take Kentucky to great heights.”In 2017, Ferguson McKenzie’s athletes had great success at the Conference Championship level as she helped lead senior Tori Williams to the indoor title in 200-metres, while Sierra Smith claimed silver medals in each of the 60m and 200m. During the outdoor slate, Ferguson McKenzie saw freshman Brianne Bethel take home a pair of silver medals in each of the 100m and 200m.As an athlete, Ferguson-McKenzie won 52 medals in international competition including her Olympic and world championship medals and was a 10-time Bahamas national champion in the 100- and 200-metre sprints.Ferguson-McKenzie was a specialist at the 100 and 200m sprints, as she represented The Bahamas in five Olympic Games – Atlanta 1996, Sydney 2000, Athens 2004, Beijing 2008 and London 2012 – and is a three-time Olympic medallist – owning the full suite of medals – and four-time medallist at World championships. (Sportsmax)last_img read more

Grant volleyball team finishes second in Volleyball Coaches Association tournament

first_img Dude Perfect Signature Bow Nerf Sports Bi… ENDS IN Share $0.00 $0.00 LocalSportsJournal.comThe Grant volleyball team advanced all the way to the finals of the Michigan Volleyball Officials Association tournament on Friday.The Tigers split two sets with Thornapple-Kellogg, then beat Cedar Springs (25-11, 26-24) and Pewamo-Westphalia (25-23, 25-19), Thornapple-Kellogg in a rematch (25-21, 25-17) and Comstock Park (23-25, 25-20, 15-5).Grant lost to Saranac 25-11, 11-25, 15-0 in the tournament championship match.Kylie Patton led the Tigers with 68 kills and eight blocks. Jill Arends had eight service aces and nine digs. Add Comments (Max 320 characters) $0.00 $3.99 Inappropriate / Offensive × Not relevant Report a problem This item is… Displayed poorly (33138) (1009) Inappropriate / Offensive (22) Not relevant The League Displayed poorly Share Shop Now Thank you! This will help us improve your ad experience. We will try not to show you such ads again. 0 Not relevant × Inappropriate / Offensive Not relevant ENDS IN DEAL OF THE DAY $26.86$49.99 (35539) Other Add Comments (Max 320 characters) Report a problem This item is… × $14.99 Bestseller Bestseller Not relevant Report a problem This item is… Ads by Amazon Bestseller Report a problem This item is… × ENDS IN FOX Sports: Stream live NFL, College Footbal… DEAL OF THE DAY ENDS IN ENDS IN Thank you! This will help us improve your ad experience. We will try not to show you such ads again. (124) ENDS IN Displayed poorly Other ENDS IN Other Thank you! This will help us improve your ad experience. We will try not to show you such ads again. × Thank you! This will help us improve your ad experience. We will try not to show you such ads again. Add Comments (Max 320 characters) DEAL OF THE DAY × DEAL OF THE DAY Fox Sports Go (1461) Not relevant Mail Other × Add Comments (Max 320 characters) Displayed poorly Inappropriate / Offensive Bestseller Displayed poorly Displayed poorly Bestseller Add Comments (Max 320 characters) × A Warrior’s Heart Report a problem This item is… Shares Add Comments (Max 320 characters) Bestseller Report a problem This item is… NBC Sports Ads by Amazon Franklin Sports MLB Electronic Baseball … Inappropriate / Offensive DEAL OF THE DAY Inappropriate / Offensive Other (8187) Report a problem This item is… Other Thank you! This will help us improve your ad experience. We will try not to show you such ads again. Displayed poorly Not relevant Not relevant (1862) Thank you! This will help us improve your ad experience. We will try not to show you such ads again. ENDS IN Add Comments (Max 320 characters) DEAL OF THE DAY DEAL OF THE DAY Inappropriate / Offensive Thank you! This will help us improve your ad experience. We will try not to show you such ads again. $59.99 Add Comments (Max 320 characters) Other Inappropriate / Offensive Other Bestseller Thank you! This will help us improve your ad experience. We will try not to show you such ads again. DEAL OF THE DAY Bestseller Report a problem This item is… Range: Why Generalists Triumph in a Special… $15.29$17.99 Displayed poorlylast_img read more


first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECalifornia’s bungled $1 billion accounting system Ensemble Amarcord of Leipzig performance, 8 p.m., Samuelson Chapel, California Lutheran University, 60 W. Olsen Road, Thousand Oaks. Free, but donations accepted. Call (805) 493-3151. Mail Datebook entries – including time, date, location and phone number – to Daily News City Desk, P.O. Box 4200, Woodland Hills, CA 91365; fax (818) 713-0058; e-mail [email protected] TUESDAY Evening hike, 7 o’clock, Griffith Park. Meet at upper merry-go-round parking lot by 6:45. Campfire program, 7-8:30 p.m., Upper Las Virgenes Canyon Open Space Preserve, Lasky Mesa, Calabasas. Parking: $3. From the 101 Freeway, take the Las Virgenes Road exit to Mureau Road, then turn right to Mountain View Drive. Reservations: Call (310) 454-1395, Ext. 153. Setting Students Up For Success workshop, 7:30-9 p.m., Newhall Boys & Girls Club, 24909 Newhall Avenue. Free. Call (661) 310-7981. last_img read more

Is SaaS Cheaper Than Licensed Software?

first_imgRelated Posts jason rothbart 8 Best WordPress Hosting Solutions on the Market Most people quickly answer this question in the affirmative. I certainly do. However, there are people out there who aren’t sure. They look at the monthly cost of a SaaS application and compare it to the equivalent licensed product over an extended period of time. Given enough time, you will eventually hit a point when the SaaS product appears to be more expensive. Let’s look at it from the perspective of the total cost of ownership (TCO).The true cost of a licensed product is much higher than just the software. Here are other things to factor in:Hardware costs: You have to either buy machines or add your software to existing servers and manage them. If it is a mission-critical application, you will probably need dedicated machines and back-ups.Additional software costs: You will most likely need an OS, application server software, a database, monitoring software, etc. Many of these products are open source now, but there are still associated costs.Implementation costs: In my experience, the implementation costs associated with a behind-the-firewall solution are always higher than those of a SaaS application. There is simply more to do. You will either pay consultants or use your own valuable resources and time to worry about installing software, integrating it, building servers, configuration, etc.Maintenance labor: If you have in-house software, there is going to be some level of effort required to keep it happy. Your IT people will need to take care of it, which will keep them from doing more value-added activities.Another huge factor here is the ability to get the latest and greatest technology. Once you install software in a data center, it becomes more difficult to upgrade and maintain it (especially if you customize it). In such a case, you will be stuck with old software that you will have to replace in the same time frame described above. In other words, unless you are absolutely sure, beyond a shadow of a doubt, that your licensed software is going to meet your business needs for 5 years or more, then SaaS might make financial sense.Let’s look at a real-world example. A 100-person company has been sharing files via email and internal servers. The executives have finally concluded they need to join the 21st century and put a solution in place. One option is to implement SharePoint. Here is a rough estimate of what that might cost:Year 1MOSS server = $4,500User client access license = $90Hosting and maintenance = $5,000Implementation and developer support = $20,000Total = $29,590Year 2 and onHosting and maintenance = $5,000Developer support = $3,000Total = $8,000I know of a SaaS solution that has 80% of the file-collaboration functionality of SharePoint but charges $850 per month for 100 users.Year 1SaaS fees = $10,200Implementation support = $10,000Total = $20,200Year 2 and onSaaS fees = $10,200Total = $10,200It would take over 4 and a half years before the licensed software became cheaper. By that time, I’m quite sure there would be another solution that could replace SharePoint, and the cycle would start again. We can quibble about the numbers, but you get the point. Plus, the numbers don’t reflect that the SaaS solution is likely to improve and innovate faster than the licensed software by a significant amount.What do you think? Have you done this analysis, and what did you conclude? Why Tech Companies Need Simpler Terms of Servic…center_img Top Reasons to Go With Managed WordPress Hosting A Web Developer’s New Best Friend is the AI Wai… Tags:#enterprise#Knowledge Management#web last_img read more

Loss Prevention in Brazil: A Brief Overview

first_imgEditor’s Note: Ever wonder how loss prevention is managed in other countries around the globe? In this post, we have a perspective on the loss prevention profession from the South American country of Brazil presented by Fernando Guinzani, who has more than 17 years experience in loss prevention. Graduating with a degree in fraud risk management and compliance from the Foundation Institute of Administration, Guinzani currently serves as country loss prevention manager at C&C Home and Bulding, and is also director at IBEVAR (The Brazilian Institute of Retail Executives) as part of the Loss Prevention Committee.In the last decade, the Brazilian retail market has assumed a leading role in the Brazilian economy. In a study conducted by IBEVAR (Brazilian Institute of Retail Executives) in October 2018, the sector projected growth of 3.55 percent compared to 2017. However, when looking at loss prevention, we noticed that these trends are not advancing at the same speed.In Brazil, the first studies on loss prevention began in 1998, through the PROVAR (Retail Administration Program), an entity linked to the FIA (Foundation Institute of Administration), with the contribution of retailers for the maintenance of the project. Large corporations, similar to the movement in the United States, adopted the nomenclature “loss prevention” for sectors then responsible for process control and security. For example, the Carrefour Group, currently the country’s largest retailer, referred to loss prevention as “fiscalização e controle” (Supervision & Control) until 2001 and was integrally focused on asset security.- Sponsor – Despite the lack of bibliography produced in the country, some Brazilian authors have established lines of reasoning that already allow national retailers to target the best practices for the implementation of a solid loss prevention movement. In his book “Pentagon of Losses”, Anderson Osawa, loss prevention director at Cinemark and director of the loss prevention committee of IBEVAR, describes how an efficient loss prevention area should be supported by five elements:People are the backbone of any company’s loss prevention planning strategy, to include motivation, involvement, environment, and engagement. According to the author, “People management strategies are among the most evolved in the last decades for application across all business segments.”Processes determine how the company will implement the program, taking into account risk points and their impacts and controls. In loss prevention, there are two phases of process components:Knowing the business, to include the evaluation of organizational chart, responsibilities, interviews for survey, macro flows and key processes.Design and Implementation, to include process design, identification of risks, causes and origins, action plans and norms and procedures.Operational Auditing is the responsibility of Loss Prevention in the retail environment and includes the monitoring and measurement of the application of processes The audit is an activity that can only be executed if people and processes are in place, since there is no audit without formalized processes and, neither, without previously trained persons.Loss Prevention Technologies help mitigate the risks of fraud or deviations by setting up an environment that naturally reverses the burden of action for the possible fraudster. In loss prevention planning there are important support tools in strategic pursuit by building the best financial loss results to include CFTV (In Brazil the CCTV system is called Circuito Fechado de Televisão), electronic article surveillance (EAS) systems, and intrusion alarmsKey Performance Indicators. Vicente Falconi, a Brazilian author, project specialist, and Ph.D., states that failures to achieve good results occur because:Wrong goals or definitions of wrong problems are establishedAction plans are performed in the wrong way, either due to lack of knowledge of the methods of analysis or due to a lack of technical knowledge or necessary information.Incorrect execution of the action plan after the established deadline or due to circumstances beyond our control.A financial metric creates the possibility of translating all other objectives into a single unit of measure, which makes it possible to compare them and identify priorities more clearly. The principle of loss prevention work is to find out the number that represents the losses in its result. For example, the physical inventory process and identifying the value of their inventory loss.With regards to the development of the loss prevention sector in Brazil, there is still much that needs to be done. The first Association of Loss Prevention Professionals (ABRAPPE) just launched in September 2018. Forums and events remain an area of opportunity, but industry professionals believe it is be possible to build a strong and independent loss prevention presence within the Brazilian retail industry. Time will tell.This post was originally published May 8, 2019 and updated May 24, 2019. Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox.  Sign up nowlast_img read more

6 Overlooked Ingredients Your Year-End Emails Need

first_imgWhen creating your year-end email appeals, remember these six key ingredients:1. An easy to find donation button.Some donors will be ready to give as soon as they open your nonprofit email. Don’t make them hunt for the link to your DonateNow page. Make the donate button big, bold, and above the fold.2. A specific call to action.Vague calls to action like “support us” are more likely to confuse than to motivate. Make sure your calls to action are highly specific and feasible.3. A sense of urgency.A sense of urgency will give your donors that extra nudge they need to take action. As year-end nears, let your supporters know when there are only a few more days left to meet your annual goal.4. Contact information.Linking to an effective contact page that answers how people can contact your nonprofit and why they should want to contact your nonprofit can help donors find the right way to get in touch if they have an important question. It’s also important that you put in an easy way for readers to opt-out of your nonprofit emails (and if you’re not sending from a email service provider like Constant Contact, be aware of CAN-SPAM laws).5. Mobile-friendly design.Because the decision to donate is often impulsive, smartphones make it easy to act in the moment. Make sure your emails are mobile friendly so you don’t miss out on connecting with donors who want to give on the go. Download our free eGuide for more on why mobile matters.6. The case for giving.Simply asking for a donation is not enough. Especially in year-end appeals, fundraisers must make a compelling case for giving by using stories, building credibility, and packaging your message.last_img read more