Senator, DA Sound Off On 50-A Repeal

first_imgPhoto: Derek Seifert / U.S. Air ForceALBANY — State Senator George Borrello and Chautauqua County District Attorney Patrick Swanson are speaking out against the New York Senate’s recent repeal of the 50-A Statute in the state’s Civil Rights Law.The 50-A statute previously allowed police departments to shield disciplinary records of officers.Borrello this week critiqued the repeal after he said the Town of Cuba was recently issued a Freedom of Information Act request by an organization named MuckRock stating that they were seeking to obtain copies of all police personnel files dating back to the 1970’s.During an interview with WNYNewsNow, Borrello said that the repealing was a “knee-jerk reaction” that was politically motivated in the New York State Legislature. “Not only are these records unnecessary to be harvested in this manner, it’s going to create a huge financial burden for these already strained municipalities,” Borrello said. “You’re going to be asking for the records of, in many cases, police officers that may have been deceased for decades.”“This is just an unnecessary burden that ultimately is going to create fertile ground for frivolous lawsuits, ultimately at the tax papers expense and will do absolutely nothing, and I mean nothing, to change the current situation when it comes to transparency and justice.”Swanson, in a separate interview with WNYNewsNow, said he “is not sure what it (the repealing) solves.”“What you have in police personnel files is the number of complaints, many of them unfounded, some of them substantiated,” Swanson said. “Releasing the contents of a personnel file with a bunch of complaints that were frivolous and not supported by facts, really doesn’t accomplish much.”“What are we accomplishing with this legislation other than smearing officers with unjust claims?”Borrello was unable to provide specific projections on the costs that he cited because of what he says is the “poor manor that the legislation was rushed through.” The Senator, however, says that municipalities could still face legal ramifications should parts of their records be missing even if they provide as much information as possible in a “good faith effort.”“Now, you’re going to have these unscrupulous trial attorneys that are going to look for these municipalities that have records that are missing and they’re going to say, ‘Yes, we realize that you don’t have them but we are still going to take you to court and sue you,’” Borrello said. “In this case, even though the municipality is doing what it’s supposed to do and rightly so, it’s costly to defend themselves.” He adds that municipalities will end up paying a heavy settlement to prevent further court litigation.WNYNewsNow also asked Swanson if the repealing could have an affect on the prosecution in future cases. He says there wouldn’t “necessarily” be one.“If there’s an unsubstantiated claim that’s maybe in an officer’s background, it shouldn’t be information a jury ever hears because there’s no truth to that claim,” Swanson said. “When you’re questioning a witness about their credibility, and an officer shouldn’t be treated any differently than everything else, if somebody made some claim that’s proven to be false in the past, that information isn’t something the jury should hear.”Swanson says his office could potentially need to file motions blocking juries from hearing unsubstantiated claims, but his “hope is that defense counsel wouldn’t seek to use unsubstantiated claims.”“I don’t see (a wide sweeping affect),” Swanson said. Swanson says Chautauqua County has a “good group of local police officers.”Citizens have criticized Borrello’s stance on multiple social media platforms, stating that the Sunset Bay native and others will similar viewpoints on the 50a Statute are promoting a lack of accountability and transparency from law enforcement. Borrello, however, says that is not the case.“I know that is the talking point for people. The reality is that there is no other profession where unsubstantiated claims remain in your file,” Borrello said. “This is true for teachers, doctors, lawyers, and so on, but this isn’t true for law enforcement and our first responders. We have the right to due process, and we have the basic Constitutional right that you’re innocent until proven guilty, and in fact, that right has been the subject of many of the other criminal justice reforms when it comes to bail and so forth…”“With all of that being said, we are not able to give justice to people if we are releasing these records that have false and unsubstantiated claims still in them.”Borrello says he and other members of the Senate challenged the repeal during a debate, asking why the legislative body didn’t chose to expunge or redact unsubstantiated claims from the record.“The answer was, ‘Just because it was unsubstantiated, doesn’t mean it didn’t happen,’” Borrello said. “My God, that’s a basic and fundamental right that you’re throwing out the window. We’re saying we don’t care if it wasn’t proven, we are going to allow this record to be used against someone and tarnish them, which is outrageous. It’s a basic violation of our fundamental rights as Americans.”Borrello adds that those with lengthy criminal arrest records can’t have them used against them in court when they’re charged with another crime.“We protect the criminals of society with that same basic Constitutional right that we are taking away from our law enforcement officers,” Borrello said. “It’s wrong, it’s unjust, and that’s why I stand firmly on my position.” Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Venezuelans Turn To Alternative Medicine Amid Shortages

first_imgBy Margioni Bermúdez / AFP November 22, 2019 The small waiting room at the home of self-styled healer “Brother Guayanes” in Caracas’ rundown Petare district fills up quickly with patients — business has never been better.With Venezuela’s chronic medicine shortages and hyperinflation, more and more people are turning to alternative medicine to treat common ailments in the crisis-wracked South American country.“We go to the hospital and there’s nothing there. They don’t have medicines, or they’re too expensive. What are we to do?” said Rosa Saez, 77, who has come to get treatment for a painful arm.Carlos Rosales — he uses the more ceremonious “Brother Guayanes” for his business — is finishing up a “spiritual intervention” on a patient in what passes for his surgery.The patient lies, eyes closed, on a cot as, in a series of swishes and clicks, the healer waves five pairs of scissors one after another over his prone body.The healer says he performs 200 such interventions a week in a dim, candle-lit room that features two camp beds and an array of plaster statues that Rosales says represent “spiritual entities.”A regular visitor to the spiritual center, Saez says she has faith in Rosales’ methods: “He healed my kidneys.”Natural healingAll across Venezuela, but particularly in poor areas like Petare, patients cannot hope to afford the price of medicines that due to the economic crisis have become exceedingly rare. Venezuela’s pharmacists’ federation say pharmacies and hospitals have on average only about 20 percent of the medicine stock needed.Rosales’ clinic is muggy with the smell of tobacco. A crucifix suspended from a chain around his neck, he practices a seeming mixture of smoke-blowing shamanism, plant-based medicine, and mainstream religion. Posters hung near the entrance remind clients to arrive with a candle and tobacco and “Don’t forget that payment is in cash.”Much like a general practitioner, Rosales spends time consulting with his patients, examining them with a stethoscope, before offering a diagnosis. Often he prescribes potions based on plants and fruit, such as pineapple and a type of local squash known as chayote.“We know medicines are necessary,” he says. “I’m not against medicine, but my medicine is botany.”Plants replace drugsAt her stall in a downtown Caracas market, 72-year-old Lilia Reyes says she has seen her trade in medicinal plants flourish.“I can’t keep up with the demand,” she said at her stall, bathed in the aroma of chamomile, one of the 150 plants she sells.Careless consumption of some herbs can be deadly, warns Grismery Morillo. A doctor at a Caracas public hospital, she says she has seen many cases of acute liver failure in people who have eaten certain roots.According to Venezuela’s opposition parties, some 300,000 chronically ill people are in danger of dying from the shortages of medicines. But despite the risks, people like Carmen Teresa say they have no alternative.In the kitchen of her restaurant, which closed down three years ago as the economic crisis took hold, the 58-year-old Colombian prepares an infusion of fig leaves to treat “diabetic neuropathy.”The painkillers needed for the condition are “too expensive” and prices are going up due to hyperinflation, so she is cutting back on the pills and supplementing her treatment with herbal infusions.She needs at least four tablets a day to keep her diabetes at bay. Her mother, bedridden since breaking a leg a year ago, suffers from Alzheimer’s disease and needs five pills a day for hypertension.“I’m still taking my pills, but I reduced the dose,” says Teresa, who is also replacing cholesterol pills with lemon juice.last_img read more

3 approaches to succession planning

first_imgCredit unions are facing an intense, competitive environment. Selecting a strong leader is paramount to the credit union’s success. The skills required of a Chief Executive Officer (CEO) have changed as banking moves to the digital age. Boards of directors must project the skill set required for a CEO to be successful in the hyper-evolution of banking. Tomorrow’s CEO must be savvy in technology, analytics, regulations and changing consumer behavior.On top of these skills, directors must acknowledge that Americans, still recovering from the Great Recession, feel particularly skeptical about financial institutions. That skepticism can make an impending change in your credit union’s leadership even more intimidating.Ultimately, the board has three distinct options for succession planning. Each option carries distinct advantages and challenges. continue reading » 47SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

How to invest your money when you’re afraid of risk

first_imgMany years ago when I started investing, I was terrified of risk. Tales of the Great Depression and people jumping out of buildings during the stock market crash of 1929 floated in my mind.Fast-forward several decades. After investing many dollars, I have learned how to understand and manage risk in investing.Sensible investing in the financial markets is important to grow your money for the future. You need to earn the type of returns that will allow you to spread out earnings over a long life. That is difficult to do until you identify the parameters of risk and understand your individual risk tolerance.Types of Investment RiskYou cannot avoid risk, but you can learn how to invest so that you will minimize risk while maximizing returns. There are three principal types of investment risk: continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Do This: Long Island Concerts & Events March 17 – 23

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Wayne “Big Chuck” BradshawUndercover police officer and author Wayne “Big Chuck” Bradshaw will be speaking about and signing his new book Jersey Tough: My Wild Ride From Outlaw Biker To Undercover Cop. Book Revue, 313 New York Ave., Huntington. Price of book. 7 p.m. March 17Meatloaf (Photo courtesy: Meatloaf/Facebook)MeatloafWith worldwide record sales topping 80 million, “The Loaf” is one of the best-selling artists of all time. He is known across the globe for his Bat Out Of Hell series, featuring Bat Out Of Hell, Bat Out of Hell II: Back into Hell, and Bat Out of Hell III: The Monster Is Loose. Expect fan favorite, the classic, irresistible sing-a-long “Paradise by the Dashboard Light.” What a gig! Meatloaf is a living legend. The Paramount, 370 New York Ave., Huntington. $59.50-$199.50. 8 p.m. March 17.Celebrate St. Patrick’s Day With Parades & Related Events All Across Long Island!Four Year StrongAbout a century ago, give or take a few decades, this uncompromising American so-called easy core band supposedly took off from Worcester, Mass. on a metal musical mission that has taken them to water parks out west and venues across the sea. Along the way they’ve banged heads by the thousands while making fans by the ton. They called their 2010 album Enemy of the World, which some say is their best, but others have their favorites like last summer’s EP Go Down in History, which was also recorded at the Machine Shop (where Fall Out Boy did their thing). But it’s all good. They’ve got the power chords, the heavy throbbing bass, the pulsating drums, the cathartic keyboards, and the fearless lyrics sung with passion and truth. Four Years Strong says they know their days are numbered so they’re making each one count. Warming up the crowd are Light Years, Can’t Swim, Giants At Large, Shorebreak and Whittled Down. Revolution Bar and Music Hall, 140 Merrick Rd., Amityville. $15, $18 DOS. 5:30 p.m. March 18.Joss StoneJoss Stone landed her first record deal at only 15 years old. Now 28, Stone has blossomed into a chart-topping, Grammy Award-winning artist thanks to her unique vocals. The British-born soul singer was named Billboard‘s Reggae artist of the year in 2015, with her latest album, Water for Your Soul, topping the charts last year. Along with her success on the charts, Stone has also performed on stage with icons like James Brown and Gladys Knight, to name a few, and is not shy about speaking her mind. The Space at Westbury, 250 Post Ave., Westbury. $30 8 p.m. March 18.Mayday Parade & The MaineThe pop-rock quintet is primed to deliver yet another high-energy performance before a raging fan base that is as loyal as they come. In the 11 years the group has been together, Mayday Parade has amassed five full-length albums, led by vocalist Derek Sanders. Also taking the stage is The Maine, which is no stranger to high-octane settings. These rockers from Tempe, Ari. have graced stages across the globe, interspersing tracks from some of their four albums. This is going to be a night to remember. “The American Lines Tour ’16,” indeed. Opening the show will be Better Off. The Paramount, 370 New York Ave., Huntington. $20-$45. 8 p.m. March 18.Martin SextonThe veteran guitar-wielding artist is known to tackle a slew of genres during performances, meaning you never know quite what to expect from Sexton. With his wide-ranging talents and willingness to blend genres, Sexton is one of those unique performers who oozes passion and delivers powerful sets anytime he’s on stage. It is said that Sexton’s public shows inspire audiences to do good. If that’s true, there’s only one way to find out! Landmark on Main Street, 232 Main St., Suite 1, Port Washington. $35-$60. 8 p.m. March 18.In Print: Evolving ProcessesPart of Hofstra University Museum (HUM)’s Spring 2016 Exhibitions, Associate Director of Exhibitions and Collections Karen T. Albert leads a discussion into the realm of fine art printmaking, explaining, among other fascinating tidbits, how technological developments have influenced this craft, from Durer to Warhol. She’ll address the incorporation of new and commercial processes, as well as improvements in existing printmaking methods. Expect to be intrigued, and inspired. Hofstra University, David Filderman Gallery, Joan and Donald E. Axinn Library, Ninth Floor, South Campus, Hempstead. For more information, check out: 2 p.m. – 3:30 p.m. March 18.Rick GlassmanAs with many comedians, Rick Glassman got his start at local comedy clubs in his homestate of Ohio and then hit it big when he and 21 other comedians were invited to the “New Faces” Just for Laughs comedy festival in Montreal. Glassman quickly went from a standup performer to TV funny man after landing the role as Burski in NBC’s comedy Undateable. Glassman is bringing his rip-roaring routine to LI. You’re not going to want to miss it. Governor’s Comedy Club, 90 Division Ave., Levittown. $22. 8 p.m March 18, 7 & 9:30 p.m. March 19.The Marshall Tucker BandThese hard-rockin’, big-hearted good ol’ Southern boys are out “searchin’ for a rainbow,” as they titled their 2015 tour—with a tribute to the title of their 1975 album—and we hope they all find more than a pot of gold at the end. Hell yeah, thanks to their dedicated following, they’ve been out on the road for 44 years since they first took the highway out of town. Singer Doug Gray’s spirited drawl has been bringing fans to their feet, creating a high energy buzz from start to finish. There’s rock, naturally, plus plenty of country, blues and jazz. Everybody can see what makes these rocking and rolling rednecks the greatest band to ever come out of Spartanburg, S.C. And they can thank a blind piano tuner who left his personalized key ring behind him in their rehearsal space for inspiring the band to immortalize him. As Gray recalls the first time they ever met, the man whispered to him, “You’ve never let me down yet, don’t let me down now!” And the Marshall Tucker Band never has and never will. Opening the show will be Stolen Rhodes & Kevin Edmond Burke. The Paramount, 370 New York Ave., Huntington. $25-$59.50. 8 p.m. March 19.Richard ShindellInnovative, original and spiritual, this legendary performer combines eclectic love songs to create haunting melodies of adulterous romance and other tantalizing topics. YMCA Boulton Center for the Performing Arts, 37 West Main St., Bay Shore. $35-$40. 8 p.m. March 19.Jefferson StarshipEverybody knows that when the Jefferson Airplane shed its wings in the 1970s, the Starship took off into the pop stratosphere with a stellar overdrive fueled by arena rock blasted at full throttle. The ole hippie-dippy psychedelic sound wasn’t quite left behind in the rush from its San Francisco roots, but the band headed in a different direction that had harder metallic edges than it ever had. Going further was always the destination of this ship. And what a long strange trip it’s been on—and it’s still going strong. Climb on board and listen to the music of the stars. Suffolk Theater, 118 East Main St., Riverhead. $45-$55. 8 p.m. March 19.Smith Sisters EnsembleThe immensely talented Smith Sisters Ensemble will give you chills as you become consumed by their graceful melody. NYCB Theatre at Westbury, 960 Brush Hollow Rd., Westbury. $40. 1 p.m. March 20.Long Island Food & Film FeastCome for the movies, stay for the food pairings. Opening the screening with cocktail hour will be A Very Old Concept and then Macari Wines, served with (what else?) Macari Wine and raw veggies with Sang Lee’s Garlic Scallion Dip. For the next course, watch The Oyster Divers of LI Soundwhile dining on with Fried Po Boy Oysters and Fried Po Boy Tofu. Kevin Joseph, Co-Founder of NY Oyster Week, will lead the discussion during this part of the festival. A second round of appetizers comes during a screening of Sang Lee Farms, served with mixed field greens with Japanese dressing, kale and potato leek soup. For the entree, David Falkowski will lead a talk about the film Open Minded Organics while the audience enjoys Asian rice pasta with Shiitake mushrooms. For dessert, viewers will see Michael Phillips and the Holistic Orchard, Who Keeps the Beekeepers and Sugar is Killing Us, served with GF Apple Cobbler. The fest concludes with Green Bronx Machine and a discussion led by Stephen Ritz. Bon appetite! Cinema Arts Centre, 423 Park Ave., Huntington. $55-$65. 6:30 p.m. March 20.John MayallHow important has John Mayall been to rock and roll history? What a bloody silly question! Without this quintessential British bluesman, where would Eric Clapton, Peter Green and Mick Taylor have perfected their licks? It was in Mayall’s Bluesbreakers that these brilliant guitarists came to the forefront, and once they were established with a firm foundation, they went on their way. A sizzling live performance from 1967, now available in the US, features Green on lead guitar, John McVie on bass and Mick Fleetwood on drums—yes, they went on to form Fleetwood Mac. Mayall has always given his musicians room to move. So here is Mayall in person, still blowing a mean harp, still wailing like a midnight express coming on down the line, and he’s got another great cadre of musicians alongside him. He’s out on the road touring with his 63rd album, Find a Way to Care, an uplifting, hard-hitting mix of music recorded at the fabled House of Blues Studios in Encino, Calif. Whether Mayall’s on keyboards or at the microphone, he’s channeling all the great roots music that’s gone on before because it’s buried deep in his bones and flows like a river through his soul. The man’s a living legend, and that ain’t no lie. YMCA Boulton Center for the Performing Arts, 37 West Main St., Bay Shore. $57-$62. 7 p.m. March 20.Big Bad Voodoo DaddyCome swing as the uber-moving, mondo-electrifying Big Bad Voodoo Daddy seize the stage. This band reinvented the swing hits of the ’40s and ’50s and made them cool again. Featured in the cult favorite film Swingers, starring Vince Vaughn and Jon Favreau, BBVD has an unparalleled sound that will get you out of your seats and dancing in the aisles. We’re just hoping they perform “You and Me and the Bottle Make Three Tonight.” The Paramount, 370 New York Ave., Huntington. $29.50-$60. 8 p.m. March 20.Sheree JeanesLong Island author Sheree Jeanes will be speaking and signing her new book Simon and Sedef: A Seal’s First Adventure. Book Revue, 313 New York Ave., Huntington. Price of book. 7 p.m. March 23.Alure Home Improvements’ free Kosher Kitchen Seminar & Pampered Chef Fundraiser supporting nonprofit Sharsheret Foundation in the battle against breast cancer proves once again that Alure goes to extremes to build dreams!Kosher Kitchen Seminar & Pampered Chef FundraiserEveryone knows that Alure Home Improvements goes above and beyond to help those in need. As an eight-time (!!) remodeler for Extreme Makeover: Home Edition, their generosity and commitment to improving the lives of others less fortunate is more than evident. So is their expertise and dedication to sheer excellence in the home remodeling realm—as their recent ranking as “Remodeler of the Year” by Professional Remodeler Magazine is also testament. Join Alure Home Improvements and its passionate team as they raise much-needed funds, and awareness, about those fighting the battle against breast cancer. This must-go-to special event will include a meet-and-greet with Kosher Kitchen designer and host Sherry Gossett, a Q&A session about proper appliances from experts at Appliance World, fun cooking and learning workshops with Pampered Chef, wine pairings with various Kosher wines, and so much more! Come nosh, learn, and lend support! This important seminar and fundraiser proves that once again, Alure truly does go to extremes to build dreams! All proceeds will benefit nonprofit Sharsheret Foundation, committed to supporting young Jewish women and their families facing breast cancer. Alure Home Improvements Showroom, 1999 Hempstead Turnpike, East Meadow. RSVP: or 516-396-9037. FREE. 7 p.m. March 24.—Compiled by Timothy Bolger & Rashed Mian(Featured photo: Joss Stone, courtesy read more

Small families looking for modern home should take a look here

first_img65 Joalah Crescent, Ferny Hills.Rachael and Anthony Connors say it’s time to sell their Ferny Hills home as they are desperately in need of more space for their three children.After seven years at 65 Joalah Cres, Mrs Connors said “we’re running out of space”.Their children are aged 7, 4 and 1. 65 Joalah Crescent, Ferny Hills. The kitchen area at 65 Joalah Crescent, Ferny Hills.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019The couple, who plan to stay in the Ferny Hills area, said they had enjoyed living in their three-bedroom, two-bathroom home.Mrs Connors said they had done some renovations to the property which included polishing the floors, and painting both the inside and outside of the home.“We did the kitchen and fully built in underneath,” she said.“We landscaped all the gardens too.”Mrs Connors said the home, on a fully fenced corner block, would best suit a young family.“It’s a really great area to move into,” she said.“We’re close to schools and parks.”center_img 65 Joalah Crescent, Ferny Hills.She said special memories living at the home included raising their three children there.“The outside entertaining area is our favourite place within the home,” she said.“It’s such a good to space, it’s very relaxing.“It’s a nice spot overlooking the garden and we can watch the kids play.”Mrs Connors said the home was on a 607sq m block of land, and featured a huge three bay carport with room for a trailer.Harcourts Solutions Mitchelton selling agent Drew Crump said the Ferny Hills market was doing wonderful things at the moment, and this property was no exception. “You will absolutely love coming home to this modern home after a hard day’s work,” Mr Crump said.last_img read more

Accounting roundup: Rulemakers risk running out of time, IASB chair warns

first_img“And then to think that they will not even be applying IFRS 9 is just intolerable. So, any risk of disrupting implementation risking delay of the standard [is] very hard to accept.” Hans HoogervorstThe IASB issued the new accounting standard in May 2017. Since then, the board has heard from stakeholders about issues arising out of its implementation of the new standard – in some cases asking for amendments.IASB project manager Andrea Pryde said that staff planned to ask the board whether any of those concerns warranted changes to the IFRS.However, board member Nick Anderson said “there was a real prospect of generalist investors returning to the sector”, and warned that the “prospect of further changes and delay will only be met with dismay by investors” who had waited long enough.According to paragraph 11 of agenda paper 2, the board would only agree to make an amendment if it would not impair the quality of information in the accounts, reduce comparability or increase complexity.UK questioned over potential EFRAG conflictMeanwhile, former MEP Sharon Bowles has opened up a new front in her battle against conflicts of interest by quizzing the UK government on the steps it takes to ensure that its representatives work in the public interest rather than for any private or proprietary interest.Bowles, who now sits in the upper house of the UK parliament, has queried whether the UK’s representative on the European Financial Reporting Advisory Group (EFRAG), Jed Wrigley, “manages the money of (1) public investors invested in funds managed by Fidelity International, or (2) the private shareholders of Fidelity”.Wrigley has worked for Fidelity since 1993, and currently works for Eight Roads, the US investment giant’s proprietary investing division. According to his biography on EFRAG’s website, he is responsible for portfolio governance and oversight. Neither Fidelity nor its US operation has responded to a request for comment.PIRC flagged concerns over bakery chain in 2015IPE has obtained copies of advisory notices issued by corporate governance adviser Pensions & Investment Research Consultants (PIRC) detailing concerns it raised over troubled bakery chain Patisserie Valerie dating back several years.The company suspended trading in its shares last month after fraudulent accounting irregularities emerged in early October. The company’s finance director was subsequently arrested. At a shareholder meeting this morning the company managed to secure funding to keep it operational, according to reports.The PIRC documents show that the advisory group repeatedly encouraged shareholders to vote against the company’s annual report. In a PIRC alert from 5 February 2015, it warned: “[Patisserie Valerie] does not provide a remuneration committee report nor does it provide one for the audit committee. Board and committee meetings’ attendance is not disclosed.”PIRC repeated its warning in January this year about the company’s remuneration report.FRC urges overhaul of annual reportsThe UK’s Financial Reporting Council (FRC) this week launched a “major project to challenge existing thinking about corporate reporting”, aimed at making companies’ annual reports more relevant for shareholders and other stakeholders.The accounting watchdog said the project would consist of a review of financial reporting and what it called “different types of corporate communications” in order to assess whether they met the needs of investors.The FRC said it would set up a 15-member committee to advise on the project and has invited interested parties to come forward. The International Accounting Standards Board (IASB) risks failing to have its new insurance contracts accounting rules in place before the next wave of turmoil hits financial markets, the board’s chairman warned last week.Hans Hoogervorst’s comments came as the board heard that its official advisory body on the new insurance accounting standard, IFRS 17 Insurance Contracts, had received 81 submissions raising queries on the new rules. Hoogervorst said: “There has been an explosion of corporate debt, and there has been an explosion of low-quality – but still investment-grade – BBB debt. In the search for yield there is a lot of debt being sold of non-investment grade.“A year ago the International Monetary Fund warned that even insurance companies in their search for yield were more and more investing in non-investment grade debt.last_img read more

Sainthood explained: Understanding John Paul II’s beatification

first_img Tweet Share FaithLifestyle Sainthood explained: Understanding John Paul II’s beatification by: – April 26, 2011 Pope John Paul II in Berlin, Germany, in 1996. He will be beatified in Rome on Sunday.Rome (CNN) – the beatification of Pope John Paul II this Sunday will probably be the biggest event in Rome since his death in April 2005, with at least 300,000 people expected to turn out for the ceremony and more than 2 million to take part in beatification-related activities in Rome, including a vigil service on Saturday in Rome’s Circus Maximus and visits to John Paul’s tomb.Beatification is the next-to-last step in the sainthood process. It means the candidate can be referred to as “blessed,” and that one miracle has been confirmed in his or her name. Another miracle is required for canonization, the formal act of declaring someone a saint.Here are more questions and answers about the process – and about John Paul II:What is a saint, and how many are there?Catholics believe a saint is someone who lived a holy life and who’s already in heaven. Saints are considered role models for people still on earth, and are capable of interceding with God on someone’s behalf when a request for help is made in prayer.The actual number of saints is impossible to calculate. One well-known work called “Lives of the Saints” lists 2,565 Catholic saints but that doesn’t count thousands of others celebrated in local regions all over the world. The Catholic Church has a feast, All Saints’ Day, on November 1 to honor the countless saints who aren’t formally canonized.So how does one become a saint?In one sense it’s a democratic process, beginning with a grassroots conviction that a given person lived a holy life. From there, things unfold in three stages. First, Church officials make a study of the person’s life. In John Paul’s case, a four-volume study stretching over more than 2,000 pages was produced, including testimony from more than 100 witnesses.Next, one miracle after the candidate’s death is required for be beatification – and another for canonization. Usually the miracles are healings, which must be instantaneous, permanent, and complete, in addition to scientifically inexplicable. Catholics see the miracle as God’s seal of approval, a way of verifying that the saint really is in heaven.As pope, John Paul II made the sainthood process faster and simpler – but it’s still not cheap. The biggest expenses are usually the ceremonies for beatification and canonization. When St. Josemaría Escriva, the founder of Opus Dei, was canonized in 2002, Opus Dei estimated that it had spent roughly $1 million on the process from beginning to end, stretching over three decades.Why the rush to beatify John Paul II?John Paul’s beatification is the quickest in modern times, made possible because Pope Benedict XVI waived the normal five-year waiting period after death to get someone’s beatification rolling. Benedict was responding to crowds who chanted “Santo Subito!” (Sainthood Now!) at John Paul’s funeral Mass and to a petition signed by the cardinals who elected Benedict.In one way, the pace of John Paul’s cause is a result of his own policies. He sped up saint-making in 1983, a move meant to lift up contemporary role models of holiness. Since then, at least 20 candidates have been beatified within 30 years of their death. For the record, John Paul’s is not the most “fast-tracked” sainthood of all time. That distinction belongs to St. Anthony of Padua, who died in June 1231 and was canonized less than a year later.What was John Paul’s miracle?It concerns a 49-year-old French nun, Sister Marie Simon-Pierre Normand, who was diagnosed with Parkinson’s disease in 2001 and whose religious community prayed to John Paul II after his death. After writing the late pope’s name on a piece of paper one night, Sister Marie-Simone reportedly awoke the next morning cured and was able to resume her work as a maternity nurse. The miracle has a poetic arc, since John Paul also suffered from Parkinson’s.Last year, media reports implied that the sister had fallen ill again and that a physician had questioned the diagnosis of Parkinson’s disease. The Vatican resolved those doubts to its satisfaction, as the miracle was approved by its panels of medical and theological consultants. Sister Marie-Simone will attend the beatification ceremony in Rome this weekend.Why was John Paul II such a significant pope?Tradition recognizes 264 popes since St. Peter, described in the Bible as the leader of the disciples of Jesus and regarded by Catholics as the first pope. Only a handful of popes, however, have left a deep mark on history, and John Paul II belongs on that list.He played a key role in bringing down Communism, made 104 foreign trips and is commonly regarded as having been seen in the flesh by more people than any other figure in history, and improved ties with Judaism and Islam. Internally, John Paul II reenergized Catholicism, inspiring a “John Paul generation” of young lay people, priests and bishops. Some commentators have suggested that he will be remembered as John Paul the Great.That said, there is debate over some aspects of John Paul’s record, including his handling of the Catholic sexual abuse crisis. Officially, the Vatican insists that beatifying and canonizing a pope is not the same thing as endorsing every decision of his papacy. Instead, it means that despite whatever failures occurred, the pope was nevertheless a holy man.What’s the next step in making John Paul a saint?Officials will begin looking for that aforementioned second miracle. If one is approved by the Vatican and by the pope, John Paul II could then be canonized. It’s not clear how long that might take, but there doesn’t seem much suspense about the eventual result: Sooner or later, the Church will add “St. John Paul II” to its list.By John L. Allen, Jr., CNN Senior Vatican Analyst Sharing is caring!center_img Share Share 33 Views   no discussionslast_img read more

Sandfish: Expensive, endangered and ecologically essential

first_imgBY ROSSEA LEDESMA Through science, the institution aims to replenish their numbers in the wild and promote a healthier environment where the sandfish are grown. Production of sandfish, from the hatchery to the farm, is being optimized at one of the leading institutions in sandfish research – the Southeast Asian Fisheries Development Center Aquaculture Department (SEAFDEC/AQD) based in Tigbauan, Iloilo. Aside from their economic value, sandfish also play an important role in keeping the marine environment healthy.  Sandfish regularly bury into the sediments every day from late afternoon until the early morning, as documented in a study by SEAFDEC/AQD sandfish expert Dr. Jon Altamirano and his team published in Fisheries Research in 2017. This “plowing” behavior helps mix available nutrients and oxygenate the sediments. Thankfully, sandfish is among the easiest to propagate of the tropical sea cucumbers because of established hatchery production techniques; thus, providing hope to alleviate the threat to their numbers in the wild. Because of these environment-friendly behaviors, sandfish and other sea cucumbers are often referred to as the earthworms of the sea. Because of the high demand for these expensive invertebrates, their natural population have drastically decreased in the recent decades. These creatures live in shallow sand flats and seagrass beds where gleaners can easily pick them up from among their close relatives, the starfishes and sea urchins. SANDFISH, or Holothuria scabra, is one of the most threatened tropical sea cucumbers because of its high price, reaching up to $1,600 per kilogram (approximately P80,800) when processed and dried into trepang or beche-de-mer which are used in exotic Asian cuisine and medicinal products. Sandfish also feed by grazing on the surface of the sediments, ingesting everything that can fit through its mouth – from small animals and plants, decaying matter, and even bacteria and sand particles. In effect, they re-work and transform all these materials in their gut and discharged as “useful” feces. The release of sandfish, which began in 2015, was part of SEAFDEC/AQD’s successful community-based sea ranching project which also released abalone beginning 2011 after years of social preparation. Just off the shores of Molocaboc Island in Sagay, Negros Occidental, overharvesting reduced stocks to a mere three sandfish per hectare prior to 2015. That number has grown by fortyfold since SEAFDEC/AQD released hatchery-grown sandfish in the area in 2015. A buried sandfish emerging to feed at the sea ranch site in Molocaboc Island, Sagay City, Negros Occidental. JP ALTAMIRANO A box of dried sea cucumbers sold at a store in Hong Kong for HK$4,280. JP ALTAMIRANO In another research published in 2012 by SEAFDEC/AQD’s visiting scientist Dr. Satoshi Watanabe and his team, sandfish juveniles in tanks grew much better when fed with detritus (organic matter from decomposing plants and animals) and shrimp feces collected from tiger shrimp culture ponds.  Studies like this show that sandfish may also potentially help minimize wastes accumulation in some aquaculture systems./PNlast_img read more

IMCA Speedway Motors Weekly Racing National Point Standings Through Sept. 18

first_imgIMCA Xtreme Motor Sports Modifieds – 1. Zane DeVilbiss, Farmington, N.M., 1,196; 2. Chris Abelson, Sioux City, Iowa, 1,194; 3. Christopher Fleming, Union Springs, N.Y., 1,193; 4. William Gould, Calera, Okla., 1,191; 5. Jesse Sobbing, Glenwood, Iowa, 1,186; 6. Troy Cordes, Dunkerton, Iowa, 1,180; 7. Keith White, Little River Academy, Texas, 1,177; 8. Cory Sample, Winnemucca, Nev., 1,176; 9. Ronn Lauritzen, Jesup, Iowa, 1,156; 10. Dean Abbey, Waco, Texas, 1,152; 11. A.J. Ward, Ionia, Mich., 1,150; 12. Josh Vogt, Santa Maria, Calif., 1,137; 13. Mike Jergens, Plover, Iowa, 1,136; 14. Brandon Beckendorf, Danube, Minn., 1,133; 15. Matt Cole, Binghamton, N.Y., 1,127; 16. Luke Wanninger, Minburn, Iowa, 1,126; 17. Jimmy Gustin, Marshalltown, Iowa, 1,125; 18. Mike Densberger, Lincoln, Neb., 1,124; 19. Josh McGaha, Abilene, Texas, 1,123; 20. Scott Hogan, Vinton, Iowa, 1,122. IMCA Eagle Motorsports RaceSaver Sprint Cars – 1. Kyle Jones, Kennedale, Texas, 770; 2. Jeb Sessums, Burleson, Texas, 768; 3. Clint Benson, Papillion, Neb., 766; 4. Chase Brewer, Springtown, Texas, 745; 5. John Ricketts, Burleson, Texas, 740; 6. Chad Wilson, North Richland Hills, Texas, 734; 7. George White, Fort Worth, Texas, 723; 8. Marcus Thomas, Corsicana, Texas, 704; 9. Dustin Woods, Forney, Texas, 695; 10. Justin Fifield, Mesquite, Texas, 676; 11. Ryan Hall, Midlothian, Texas, 668; 12. Brett Allen, Gaylord, Minn., 661; 13. D.J. Estes Jr., Mansfield, Texas, 655; 14. Michael Stien, Ceylon, Minn., 629; 15. Shayle Bade, Lincoln, Neb., 624; 16. Doug Lovegrove, Waverly, Neb., 617; 17. Tony Dowd, Mansfield, Texas, 615; 18. Herbert R. Wood, Kennedale, Texas, 604; 19. Mark Klis, Waxahachie, Texas, 592; 20. Bruce Allen, Mankato, Minn., 591.IMCA Sunoco Stock Cars – 1. Mike Nichols, Harlan, Iowa, 1,199; 2. Matt Guillaume, Haslet, Texas, 1,191; 3. Damon Murty, Chelsea, Iowa, 1,188; 4. David Smith, Lake City, Iowa, 1,186; 5. Travis Van Straten, Hortonville, Wis., 1,179; 6. Donavon Smith, Lake City, Iowa, 1,176; 7. Derek Green, Granada, Minn., 1,169; 8. Rod Snellenberger, Pulaski, Wis., 1,168; 9. Dan Mackenthun, Hamburg, Minn., and Kevin Opheim, Mason City, Iowa, both 1,165; 11. Jeff Tubbs, Colby, Kan., 1,162; 12. Devin Smith, Lake City, Iowa, and Brian Blessington, Breda, Iowa, both 1,159; 14. Jason Batt, Harker Heights, Texas, 1,156; 15. Keith Cagle, Odonnell, Texas, 1,153; 16. John Heinz, Green Bay, Wis., 1,151; 17. Kirk Martin, Weatherford, Texas, 1,147; 18. Jim Larson, Rushmore, Minn., 1,144; 19. Jay Schmidt Jr., Tama, Iowa, and Charles Cosper, Belton, Texas, both 1,139.IMCA Sunoco Hobby Stocks – 1. Shannon Anderson, Des Moines, Iowa, 1,196; 2. Adam Armstrong, Beatrice, Neb., 1,183; 3. Cory Probst, Worthington, Minn., 1,174; 4. Cody Nielsen, Fort Dodge, Iowa, 1,173; 5. Justin Luinenburg, Reading, Minn., 1,172; 6. Brandon Nielsen, Spencer, Iowa, 1,164; 7. Benji Irvine, Stanley, Iowa, 1,163; 8. Eric Stanton, Carlisle, Iowa, 1,159; 9. Justin Nehring, Storm Lake, Iowa, 1,158; 10. John Watson, Des Moines, Iowa, 1,155; 11. April Phillips, Abilene, Texas, 1,153; 12. Justin Lathram, Hobbs, N.M., and Tiffany Bittner, Norfolk, Neb., both 1,150; 14. Brad King, New Town, N.D., 1,148; 15. Colby Langenberg, Norfolk, Neb., 1,140; 16. Austin Luellen, Minburn, Iowa, 1,139; 17. TeJay Mielke, Norfolk, Neb., 1,138; 18. Brian Happel, Van Horne, Iowa, 1,135; 19. Jerrad Steele, Andrews, Texas, 1,132; 20. Colton Pfeifer, Stockton, Kan., 1,129. Karl Chevrolet Northern SportMods – 1. Clinton Luellen, Minburn, Iowa, 1,190; 2. Kyle Prauner, Norfolk, Neb., and Matthew Looft, Swea City, Iowa, both 1,188; 4. Ben Kates, Tonganoxie, Kan., and Nick Spainhoward, Bakersfield, Calif., both 1,176; 6. Austin Moyer, Dubuque, Iowa, and Bryce Garnhart, Shannon, Ill., both 1,175; 8. Tyler Frye, Belleville, Kan., 1,171; 9. Daniel Gottschalk, Ellis, Kan., and Tony Dunker, Quincy, Ill., both 1,168; 11. Chad L. Dolan, Gibbon, Neb., and Jenae Gustin, Marshalltown, Iowa, both 1,166; 13. Shane Swanson, Forest City, Iowa, 1,162; 14. Clay Money, Penokee, Kan., 1,153; 15. Brett Lowry, Montezuma, Iowa, 1,150; 16. Tyler Soppe, Sherrill, Iowa, 1,149; 17. Joey Gower, Quincy, Ill., 1,145; 18. Rick Diaz, Los Banos, Calif., 1,144; 19. Doug Smith, Lanesboro, Iowa, and Lucas Lamberies, Clintonville, Wis., both 1,137. Scoggin-Dickey Parts Center Southern SportMods – 1. Chad Hertel, Abilene, Texas, 1,176; 2. Julie Boettler, Farmington, N.M., 1,170; 3. Jake Upchurch, Grand Prairie, Texas, 1,161; 4. Cory Williams, Slaton, Texas, 1,132; 5. Jon White Jr., Red Oak, Texas, 1,116; 6. Allen Montgomery, Fort Worth, Texas, 1,111; 7. Brian J. Carey, Aztec, N.M., and Justin Long, Haslet, Texas, both 1,091; 9. Garett Rawls, China Spring, Texas, 1,081; 10. Jeffrey Abbey, Comanche, Texas, 1,079; 11. Kevin Green, Robinson, Texas, 1,067; 12. John Freeman, Runaway Bay, Texas, 1,049; 13. Sid Kiphen, Gatesville, Texas, 1,048; 14. Cody Shoemaker, Paradise, Texas, 1,027; 15. Jacob Pirkle, Venus, Texas, 1,018; 16. Justin Shaw, Sweetwater, Texas, and Robert Scrivner, Woodway, Texas, both 1,009; 18. Brad Shirley, Springtown, Texas, 997; 19. Jarrett Roberts, Temple, Texas, 995; 20. James Guyton, Moody, Texas, 986. Mach-1 Sport Compacts – 1. Nate Coopman, Mankato, Minn., 1,200; 2. Ramsey Meyer, Pierce, Neb., 1,189; 3. Austen Becerra, Carthage, Ill., 1,182; 4. Jay DeVries, Spencer, Iowa, 1,172; 5. Ryan Bryant, Mason City, Iowa, and Cody Thompson, Sioux City, Iowa, both 1,145; 7. Bill Whalen Jr., Riverside, Iowa, 1,134; 8. Tyler Thompson, Sioux City, Iowa, 1,133; 9. Megan Lappegard, Spencer, Iowa, 1,126; 10. Terry Blowers, Waseca, Minn., 1,122; 11. Shannon Pospisil, Norfolk, Neb., 1,121; 12. Jacob Kofoot, Bode, Iowa, 1,113; 13. Kimberly Abbott, Camp Point, Ill., 1,110; 14. Brooke Fluckiger, Columbus, Neb., 1,105; 15. Kaitlyn DeVries, Spencer, Iowa, 1,100; 16. Stepha­nie Forsberg, Slayton, Minn., 1,088; 17. Drew Johnson, Sioux City, Iowa, 1,066; 18. Art Herzog, Hays, Kan., 1,059; 19. Michael Smith, Stockton, Kan., 1,058; 20. John Whalen, Ainsworth, Iowa, 1,057. West Coast Super Stocks – 1. Lonnie Welch, Bakersfield, Calif., 416; 2. Tim Randolph, Santa Maria, Calif., 398; 3. Steve Nash, Pahrump, Nev., 368; 4. Billy Simkins, Bakersfield, Calif., 322; 5. Chad Weber, Santa Maria, Calif., 258; 6. Brady Bell, Bakersfield, Calif., 254; 7. Wayne Coffman, Bodfish, Calif., and Johnny Bedingfield, Bakersfield, Calif., both 235; 9. Clay Daly, Watsonville, Calif., 194; 10. Jon Blackford, Nipomo, Calif., 191; 11. Toby Randolph, Nipomo, Calif., 139; 12. Dustin Chastain, Tonopah, Nev., and William A. Stevens, Bakersfield, Calif., both 132; 14. Alex Williams, Pahrump, Nev., 130; 15. George Bradburry, Pahrump, Nev., 125; 16. James C. Wulfen­stein, Pahrump, Nev., 105; 17. Donald W. Riley, Pahrump, Nev., 99; 18. Daniel Vlaszof, Las Ve­gas, Nev., 72; 19. Dale Daffern, Las Vegas, Nev., 71; 20. Jim McCoy, Pahrump, Nev., 64.last_img read more