EU27 prepare Irish ‘fudge’ to secure 11th hour Brexit deal

Thursday 30 August 2018 10:26 pm “Boris is planning big interventions starting in September,” said a Westminster source. “He wants to create waves.“It could be a very tricky party conference.” EU27 prepare Irish ‘fudge’ to secure 11th hour Brexit deal Catherine Neilan Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastUndoBetterBe20 Stunning Female AthletesBetterBeUndo Share “But we’re in the world of fudge, and there’s plenty to go around… at the moment they just need to kick it on to give themselves some breathing space.”Another source said both German and Irish policy makers were pushing for greater flexibility “just to get this done”.“The Irish border remains the big issue and this may not completely resolve anything, but the point here is that they want to end uncertainty because it’s not doing them any good,” he said, noting there had been a “significant uptick in intensity to get something done for October to give breathing space and calm sentiment”.A third source added: “There is a greater sense of flexibility – the member states want to support Theresa May and don’t want her booted out of office, so they recognise some greyness is needed to get us through to transition… The hard discussions could take place then.”However, the next European Council will take place in the middle of October – after the Conservative party conference, where it is thought Brexiters including Boris Johnson and David Davis, as well as Jacob Rees-Mogg and the European Research Group, will be on manoeuvres. whatsapp whatsapp EU member states are preparing to fudge an agreement on the Irish backstop, in the hope of forcing through an 11th hour Brexit deal.City A.M. understands that a growing number of policy makers from the EU27, including Germany’s CDU and Ireland’s Fine Gael, are backing plans to broaden Michel Barnier’s mandate at the October European Council, handing the chief negotiator flexibility to get the terms of the withdrawal agreement finalised in the available time. Leaders of the EU – not least German Chancellor Angela Merkel and French President Emmanuel Macron – are in the wings to take over talks during the final furlong in October or, more likely, November.The Irish border has been a major sticking point for negotiators on both sides. Tomorrow’s meeting between Barnier and Brexit secretary Dominic Raab is, yet again, not expected to result in a breakthrough.However it is hoped that the transition period – during which the UK will remain a part of the Single Market and customs union – will offer enough time to thrash out a final deal.“They were going to s**t all over the Chequers plan, but when they looked at it and saw how badly it was attacked by both sides [in the UK] they thought they needed to give [Theresa May] some room,” said one government source.“There is a route where the deal that isn’t actually a deal pleases everybody… Getting a deal through to transition they will have to have some form of words that both sides can claim is a win. More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org read more

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Donald Trump says British Isis ‘Beatles’ have been taken into US custody

first_img Share whatsapp They are accused of being involved in the beheading and torture of prisoners. More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com The pair had been held by Kurdish forces in Syria but have now been taken into US custody following the start of a Turkish offensive against Kurdish forces. US President Donald Trump this morning said that two British Isis fighters known as “The Beatles” had been taken into US custody in Syria. The pair, Alexanda Kotey and El Shafee Elsheikh, are among a group of four British Isis fighters who were nicknamed The Beatles by Western hostages because of their accents. Trump also said Turkey along with “Europe and others” must “watch over the captured ISIS fighters and families”. Read more: US pulls troops back in Syria, opening door for Turkish offensive This picture taken on March 24, 2019 shows a discarded Islamic State (IS) group flag lying on the ground in the village of Baghouz in Syria’s eastern Deir Ezzor province near the Iraqi border, a day after IS group’s “caliphate” was declared defeated by the US-backed Kurdish-led Syrian Democratic Forces (SDF). (Photo by GIUSEPPE CACACE / AFP) (Photo credit should read GIUSEPPE CACACE/AFP/Getty Images) James Booth Yesterday, Turkey and its Syrian allies launched an offensive into northeastern Syria.  On Monday, Trump announced that US forces would pull out of Syria, a move that was labelled a  “stab in the back” by Kurdish forces who had been an ally of the US in the fight against Isis. whatsapp Read more: Trump threatens to ‘obliterate’ Turkish economy if it defies his ‘unmatched wisdom’ Kurdish controlled prison camps in Syria contain thousands of former Isis fighters and their family members and sympathisers. On Monday, Trump said that if Turkey did anything he considered “off limits” he would “totally destroy and obliterate the Economy of Turkey”. President Tayyip Erdogan said the offensive aimed to eliminate a “terror corridor” along the southern Turkish border. Trump tweeted this morning: “In case the Kurds or Turkey lose control, the United States has already taken the 2 ISIS militants tied to beheadings in Syria, known as the Beetles [sic], out of that country and into a secure location controlled by the U.S. They are the worst of the worst!,” he said. Thursday 10 October 2019 8:10 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factorybonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comMisterStoryWoman files for divorce after seeing this photoMisterStoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamazenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comJournalistateTeacher Wears Dress Everyday, Mom Sets Up CamJournalistateDefinitionThe Funniest Yard Signs EVER WrittenDefinition Donald Trump says British Isis ‘Beatles’ have been taken into US custody last_img read more

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Arctic tourism hot topic at industry convention

first_imgArctic | Business | Juneau | TourismArctic tourism hot topic at industry conventionOctober 8, 2015 by Lisa Phu Share:Caribou graze on the coastal plain of the Arctic National Wildlife Refuge with the Brooks Range as a backdrop. (Creative Commons photo by USFWS)Alaska gets close to 2 million visitors a year,and more and more of them are visiting the Arctic Circle and beyond. That’s what a large audience at this week’s Alaska Travel Industry Association convention in Juneau heard during a “Tourism in the Arctic” panel discussion.Audio Playerhttps://media.ktoo.org/2015/10/08ARCTIC.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Richard Beneville is Nome’s new mayor. He also owns his own tour company, Nome Discovery Tours.“I’m going into my 24th season,” Beneville said.He said Nome attracts tourists for many reasons – its sport fishing, hunting, “and birding. Oy gevalt! Birds! A hundred-and-seventy migratory species that come through May 15 to June 15. We just had the cranes go out. You could look out and see 100,000 cranes in different formations. Very exciting.”Nome usually gets between 8,000 and 9,000 tourists a year, said Beneville. Tourism has remained steady, but there has been a change.Richard Beneville stands in front of the Nome table at the Alaska Travel Industry Association’s convention at Juneau’s Centennial Hall. (Photo by Lisa Phu/KTOO)“The first questions used to be about gold and dogs. Now, the questions are about environment, what’s happening with the Bering Strait, how does it look for Nome in the future? So my clients are very aware of what’s going on,” Beneville said.Next summer, the number of tourists to Nome will go up. The Crystal Serenity will spend 32 days traveling from Seward to New York via the Northwest Passage. The 1,000-passenger ship will make a stop in Nome. The cruise is being advertised as the first luxury ship to travel the Northwest Passage. Fares range from $22,000 to $120,000. It’s fully booked.The Arctic is hot right now. President and CEO of Explore Fairbanks Deb Hickok said the state has become a prominent player in Arctic discussions, most recently highlighted by President Obama’s visit.“Alaska, as the only U.S. state included in the Arctic, is now in a special position to leverage opportunities in the Arctic,” Hickok said.Tandy Wallack, owner of Circumpolar Expeditions, says Arctic communities need more infrastructure to increase tourism and economic development. She cited the relocation of Kaktovic’s runway as an example.“The present runway is built on the beach so this one is in higher ground, hopefully will help with the fog and more flights will be able to get in and out. Obviously that will allow more visitors to come into the village. But more importantly, additional air service is going to benefit the village,” Wallack said.Brett Carlson, co-founder of Northern Alaska Tour Company doesn’t necessarily think more infrastructure is needed, especially anything that could turn the Arctic into a Disneyland.“That’s just not the vision I see for Alaska’s Arctic. I think, generally, the infrastructure is there. The reason you’re going to come to Alaska’s Arctic and the reason Alaska’s Arctic is a continually rare travel experience in the world is it’s so unlike the rest of the world,” Carlson said. “If you wanted all those modern amenities, you could go to thousands of places in the world.”Explore Fairbanks President and CEO Deb Hickok and Northern Alaska Tour Company’s Brett Carlson during a panel discussion “Tourism in the Arctic.” (Photo by Lisa Phu/KTOO)Carlson said his company commits to honoring traditional culture when bringing tourists to communities like Anaktuvuk Pass, Barrow and Kotzebue.“If you can put visitors in someone’s home or in front of somebody in an authentic way where they’re not a tour guide, they’re just a person talking about their life, (it’s) a moving experience,” Carlson said.Although Carlson admits there’s a struggle between tourism and authenticity.Richard Beneville isn’t worried about tourism changing Nome, a community of 3,700 residents. He says when the Crystal Serenity unloads its 1,000 passengers, likely in a rotation of smaller groups, Nome will be ready.“Nome is famous for Iditarod and Nome is famous for throwing a big party for so many people and I want to use that community feel for this ship because without it, it’s not going to work as well as it could,” Beneville said.As tourism and other industry in Alaska’s Arctic grows, Beneville said he expects more people and more traffic to come through Nome. But he’s confident, Nome will remain Nome.Share this story:last_img read more

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George Osborne puts his money on roadbuilding and reveals Stonehenge tunnel plans

first_img Show Comments ▼ Tags: Autumn Statement 2015 George Osborne People Chancellor George Osborne will today unveil plans to build a tunnel under historic landmark Stonehenge, as he sets out how £15bn will be spent to overhaul British roads. The announcement marks the end of a long-running battle for a tunnel at the site, after plans were dropped seven years ago because of cost. Deputy prime minister Nick Clegg will unveil the plan alongside Danny Alexander and Tory transport secretary Patrick McLoughlin.The Liberal Democrats and the Conservatives have divided up the pre-Autumn Statement announcements this week, ahead of the chancellor’s final fiscal address of this parliament before the general election. “Roads are key to our nation’s prosperity. For too long they have suffered from under-investment,” McLoughlin is expected to say this morning. “This government has a long-term plan to secure the country’s future and this £15bn roads programme is demonstration of that. Better roads allow us to travel freely, creating jobs and opportunities, benefiting hardworking families across the country,” he will add.The Stonehenge project will please business group the CBI. The organisation’s leader John Cridland described the move as “a lifeline for businesses in the south west.”Although the transport plans have been widely welcomed, Labour has accused the government of repackaging an old announcement after plans for the scheme were first announced in the Budget earlier this year. “If ministers were as good at upgrading roads as they are at making announcements about upgrading roads, life would be considerably easier for Britain’s hard-pressed motorists, who have been consistently let down by this government,” shadow transport secretary Michael Dugher said yesterday. Alongside the planned tunnel at Stonehenge, Clegg will also visit the Woodhead Pass across the Pennines today, where he will reveal plans to increase the capacity of the road. Ministers are setting out 84 new road schemes, many of which are in the north of England. One-third of M25 junctions will also benefit. Share Kate McCannKate McCann is a reporter at City A.M. She covers politics and insurance and can be contacted at [email protected] whatsappcenter_img Sunday 30 November 2014 11:58 pm whatsapp George Osborne puts his money on roadbuilding and reveals Stonehenge tunnel plans last_img read more

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News / TIACA given a grim vision of the future as air freight becomes more ‘belly-friendly’

first_img A radical reshaping of the global airfreight market – including the departure of more freighter operators – was the grim prospect analyst Brian Clancy put before delegates at the Executive Summit of The International Air Cargo Association (Tiaca) in Istanbul.Mr Clancy, managing director of Logistics Capital & Strategy, highlighted carriers’ extreme reliance on the hi-tech sector over the past 20 years. It had accounted for half of air cargo revenue, thanks to available capacity and low cost, in relation to the expense of carrying inventory.Suppliers had judged it preferable to fly hi-tech products just-in-time rather than suffer component devaluation (decreasing by 40% over nine months according to Moore’s Law) and product obsolescence (market price depreciation of 1% per week) costs.During the “golden decade” of the 1990s, devaluation and obsolescence fears caused suppliers to push out product in the last week of each month, and especially the last week of each trading quarter, rather than sit on surplus stock. By Martin Roebuck in Istanbul 28/04/2014 “As the sector matures, there’s a reset in how we think about business,” Mr Clancy said.“Products have got cheaper. That’s challenging if you’re in the business of managing expensive fixed assets, such as freighters.”Mr Clancy noted that, worryingly, airfreight’s share of US imports – a reliable indicator of trends in other major consumer markets – had peaked in the 1990s in almost all product segments. Shippers “got smarter” during that decade at importing everything from computer accessories and semiconductors to cut flowers, perishables, apparel, footwear and toys.Airfreight had seen its market share peak post-2000 in only a small number of categories, such as telecoms, TVs and recording equipment, pharmaceuticals and fresh fish.Mr Clancy said macroeconomic trends would continue to impact on air cargo over the next five years, although he welcomed recent stronger volumes – in particular the positive figures for the bellwether month of March, following Chinese new year.Consumer demand would remain volatile, he warned, amplifying the cyclicality in manufacturing. Ageing populations in mature markets would buy more healthcare products, but to some extent this would replace more “conspicuous” consumption.And carriers would face a declining length of haul as a result of shortening supply chains.For example, Chinese manufacturers wishing to maintain access to the US market were now migrating to Mexico, from where some would switch from air transport to road and rail, he said. The days of shipping low-density cargo across long distances, which had represented “great math for freighter manufacturers”, were now over.“Shippers are realising they can decompose the supply chain on an SKU-specific basis,” Mr Clancy said.Shipment density was increasing as a result of changing product design and reduced use of packaging. Products had become smaller, cheaper and more capable, he added. Not only did this mean a smaller storage footprint, with less warehouse and shelf space required, but dense cargo was “more belly-friendly”.With low interest rates reducing the cost of inventory, Mr Clancy saw a trend towards increased shipment sizes moving less frequently. This would open the door for modal substitution.Speaking as an imaginary shipper, he said: “The vast majority of what I do can go in the slow lane. When it needs to go fast, I’ll pay the price for it.”Tomorrow: emerging markets?last_img read more

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Remote monitoring is rapidly growing — and a new class of patient-consumer is driving the shift

first_img Erin Brodwin Remote monitoring is rapidly growing — and a new class of patient-consumer is driving the shift About the Author Reprints Randall Benton/AP GET STARTED What is it? Health Tech Correspondent, San Francisco Erin is a California-based health tech reporter and the co-author of the STAT Health Tech newsletter. linkedin.com/in/erinbrodwin/ Log In | Learn More Health Tech Tags medical technologypatients By Erin Brodwin Sept. 16, 2020 Reprints What’s included? A cardiac patient in Carlsbad sends their doctor in San Francisco a readout of their heart rate, courtesy of an Apple Watch. A New Yorker with hypertension texts with an Alabama health coach about data from their smart blood pressure cuffs. A person with diabetes snaps a photo of their dinner and uses an app to predict how it will impact their blood sugar.Health care is undergoing a monumental shift toward remote patient monitoring — and a new class of patient-consumer is leading the charge, according to a new STAT report. The transformation — which began years ago as healthy people moved to optimize wellness and people with chronic conditions pushed for more convenient care — has taken on a more permanent tone amid the Covid-19 pandemic. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. [email protected] @erbrod Unlock this article — and get additional analysis of the technologies disrupting health care — by subscribing to STAT+. First 30 days free. GET STARTED Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.last_img read more

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WATCH: Laois school teachers take on Jerusalema Dance Challenge

first_imgHome Lifestyle Entertainment WATCH: Laois school teachers take on Jerusalema Dance Challenge LifestyleEntertainment The original video was first posted in South Africa last September, the song “Jerusalema” was released by South African musicians Master KG and Nomcebo Zikode in 2019, with much of the lyrics in Zulu.The song has been streamed more than 60 million times on Spotify and has been named the world’s most popular track on Shazam. WhatsApp Electric Picnic Previous articleThe best places for Laois people to find love back in the dayNext articleLaois hotel confirmed as community Covid-19 vaccination centre Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Twitter Pinterest Pinterest WhatsApp WATCH: Laois school teachers take on Jerusalema Dance Challenge TAGSJerusalema Dance ChallengeMountmellick Community School Electric Picnic organisers release statement following confirmation of new festival date Electric Picnic Electric Picnic apply to Laois County Council for new date for this year’s festival Facebook By Alan Hartnett – 12th February 2021 RELATED ARTICLESMORE FROM AUTHOR It has also taken off on TikTok with many videos dedicated to it.The global challenge began after Angolan dance troupe Fenómenos do Semba shot a video of themselves dancing to the song in February.The video is set in a backyard in Luanda, where they break into a group dance, all the while eating lunch from plates in their hands.Since then, the gospel-influenced house song and accompanying dance challenge has offered uplifting moments during the pandemic, not only in South Africa but worldwide too.The dance has become a viral sensation performed at police stations, hospitals, restaurants and many public places across the world. Even priests, nuns and monks from Zimbabwe to Montreal have taken part.You can check out the full video from Mountmellick Community School by clicking here.SEE ALSO – WATCH: Laois residential facility take on Jerusalema Dance Challenge This is class!Mountmellick Community School’s staff, along with some of their family members, have become the latest group to take on the Jerusalema Dance Challenge.Creatively put together by Art teacher Mayrse Lennon, teachers got their dancing moves on both in their homes and on the school yard. Twitter Facebook Council Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 monthslast_img read more

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Party Secretary Caught in Crystal Meth Scandal

first_img A Chosun Workers’ Party Central Committeesecretary affiliated with Musan Mine was dismissed after being caught with 1kgof “ice” [crystal methamphetamine, or “crystal meth”] and is undergoing intenseinvestigation by the State Security Department. His possession of the illicitdrugs came to light when two thieves, caught for breaking into a house shortlyafter burglarizing that of the secretary’s, revealed the information underduress during the investigation. “The Musan Mine Party secretary was hiding1kg of ‘ice,’” a source in North Hamkyung Province reported to Daily NK onFebruary 26th. “ Two burglars in their 30s discovered and then took offwith the drugs while ransacking the residence.”During an investigation by the Musan CountyMinistry of People’s Security unit, the two young men made a full confession abouttheir actions and what they found in the secretary’s home. As a result, thesecretary was dismissed from his position and has been sent to the StateSecurity Department unit in North Hamkyung Province for further interrogation. “There have been a number of high-ranking Partycadres implicated in drug trafficking recently. This practice continues toincrease because 1kg of ‘ice’ can rake in 100,000 RMB [in North Korea],” the source said. “If the kilo he had was passed on to a Chinese trader, the price would be around 300,000 RMB for the same quantity.”According to the source, the secretary’shigh-ranking status warrants a protracted investigation, and is likely toentrap not only those circulating the drugs but also those manufacturing it. “Given the fact that the secretary neithersold ice nor possessed it in large quantities, I think he would be sent to a reeducationcamp rather than a political prison camp,” he surmised. “While Kim JungEun did mandate the same penalization for drug traffickers and politicalprisoners, the former secretary will get off easier because he only had them inpossession but wasn’t caught selling them.” Kim Jong Eun initiated branches of the 1218Group, a unit tasked with rooting out drugs, under each provincial SSDunit, in December 2010 to try to curtail the drug problem; the subsequentcrackdowns carried out by the organization saw a number of high-ranking Partycadres, caught dealing drugs, summarily sent to languish in political prisoncamps.  However, the increase in possession and trafficking of drugsamong high-ranking Party cadres in recent years indicates the group is lacking in efficacy. Forexample, in early 2011, the wife of 9th Corps’ political division director wasapprehended in Chongjin Station with 2kg of “ice.” That same year, the directorof North Hamkyung Province’s SSD unit and the chief of the Chongam Districtprosecution office in Chongjin City were each caught with more than 5kg of the drug in their possession. The news has shocked residents, accordingto the source, who explained that the Party secretary was known for hisfrequent harangues equating dealing in drugs with treachery against the state.“And to think, a burglar was the one who shined light on his bald-facedlies–it’s hilarious,” he concluded.* This article was amended on February 28, 2015. It previously stated that the drug could fetch 300,000 RMB per gram in China. The price is per kilogram. Facebook Twitter North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) US dollar and Chinese reminbi plummet against North Korean won once again AvatarChoi Song Min NewsEconomy News News center_img RELATED ARTICLESMORE FROM AUTHOR By Choi Song Min – 2015.02.27 5:12pm SHARE Party Secretary Caught in Crystal Meth Scandal News Proposal to shift “general markets” to “specialized markets” finds little support among N. Korean leaderslast_img read more

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Money launderers ahead of Canada’s efforts to catch them: Senate

Related news Global group targets international tax evasion scheme Scheer promises help for homebuyers Canada is losing the battle against money laundering and terrorist financing, according to a new Senate Committee report. Money laundering in Canada in 2011 was estimated to be worth between $5 billion and $15 billion, and 287 cases of terrorist financing were uncovered between 2007 and 2011. Keywords Money laundering Budget must address climate change, CPA Canada says The Senate Committee on Banking, Trade and Commerce came to their conclusion after a year-long review of Canada’s mechanisms for combating money laundering and terrorist financing. The committee found Canada’s policies to be lagging behind the criminals they are supposed to be catching. “I feel that currently we are not getting full value for our efforts, given the time, money and other resources that are being allocated to this problem,” said Senator Celine Hervieux-Payette, Deputy Chair of the Committee. It recommended that a supervisory body, led by the Department of Finance, be established to keep a closer eye on Canada’s anti-money laundering and terrorist financing regime. This body would update Parliament annually in regards to its investigations, prosecutions and spending. Financial institutions must currently report transactions exceeding $10,000. The committee recommended that this threshold be eliminated for international electronic transfers. Funding of terrorism is often done with multiple deposits of smaller sums of money. The committee also suggested that this body could funnel seized money into a special fund used to finance anti-laundering efforts, effectively using the launderers’ money against them. Money laundering is the process whereby illicitly produced money is made “clean,” and much harder to trace. The practice is often linked to terrorism, drug trafficking and organized crime. It’s been a criminal offence in Canada since 1989. Since then money laundering has become much more international and Canada’s counter-measures have struggled to keep up. In recent years, debit and credit card fraud has been gradually overtaking mass marketing fraud. Canada’s anti-money laundering legislation was updated and expanded in 2000 and a new independent financial intelligence unit was created _ The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). FINTRAC gathers and analyses information from financial agencies, casinos and other entities and gives relevant information to law enforcement and intelligence agencies. Anti-laundering legislation was amended to focus more on combating terrorist financing following the September 2001 terrorist attacks in the United States. FINTRAC notes that fraudulent investment schemes are more common in difficult economic times. The International Monetary Fund reports that laundering accounts for two-to-five per cent of global Gross Domestic Product, or up to US$2 trillion. Nick Ashdown Share this article and your comments with peers on social media Facebook LinkedIn Twitter read more

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MFDA bans former advisor for 10 years

first_img Related news The Mutual Fund Dealers Association of Canada (MFDA) has banned a former advisor for 10 years after he admitted to selling a portion of his business to a client, and then deceiving his dealer firms about the arrangement. The MFDA on Monday announced that Grant Monty Manning has been banned for 10 years, fined $50,000, and ordered to pay $5,000 in costs. Manning, who is no longer registered, did not oppose the proposed penalty. BFI investors plead for firm’s sale PwC alleges deleted emails, unusual transactions in Bridging Finance case James Langton According to an agreed statement of facts between MFDA staff and Manning, he admitted to: violating MFDA rules by engaging in personal financial dealings with a client; misleading his dealers by denying the existence of those arrangements; and failing to co-operate with the self-regulatory organization’s investigation in the case. Manning was registered with IPC Investment Corp. from 1997 to April 2010, and with Worldsource Financial Management Inc. between April 2010 to November 2012. Starting in 1999, he sold an interest in his business, Manning Insurance and Investments Co. Ltd. (MIIC), to a client. The unnamed client held $390,000 in shares and promissory notes of MIIC, and she loaned the company $36,000. Those arrangements created conflicts of interest between the Manning and the client, the agreement notes, which violated MFDA rules. In addition, Manning admitted that he misled his dealers, “… by falsely stating that he had not engaged in personal financial dealings with a client …” He also admitted that he failed to co-operate with the MFDA’s investigation. The penalties follow a hearing that was held Dec. 18 in Toronto. Share this article and your comments with peers on social media Keywords EnforcementCompanies Mutual Fund Dealers Association Mouth mechanic turned market manipulator Facebook LinkedIn Twitterlast_img read more

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