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Gov. Wolf, Lt. Gov. Fetterman Urge Raising Pennsylvania Minimum Wage

first_img June 04, 2019 SHARE Email Facebook Twitter Minimum Wage,  Press Release Harrisburg, PA – Governor Tom Wolf and Lt. Governor John Fetterman issued the following statements as hundreds of workers head to the state Capitol to rally for a living wage.Governor Wolf’s statement:“Hundreds of workers are in the state Capitol today calling on the legislature to finally raise Pennsylvania’s outdated minimum wage and I applaud Lt. Gov. John Fetterman for joining them.“While other states are raising their minimum wage to $15 per hour, Pennsylvania has the lowest wage allowed by federal law and it’s hurting workers. Pennsylvania is lagging behind 29 other states, including all our neighbors, in ensuring fair wages.“When jobs don’t pay enough, workers can’t afford the basics, like food or housing. That hurts families, businesses and communities. Raising the wage floor rewards hard work, boosts local economies and saves tax dollars as people work their way off government programs.“Pennsylvanians are renowned for our work ethic and polls show the public overwhelmingly supports increasing the minimum wage. A $15 minimum wage will boost incomes for 2 million workers, 61 percent of whom are women, which takes a step toward closing the gender pay gap. A staggering 89 percent of workers who would benefit are adults over age 20, and 37 percent are age 40 or older.“All hardworking men and women – no matter the age – have waited too long with low wages. It’s time for working Pennsylvanians to stop falling behind. The legislature must stand with workers and raise Pennsylvania’s minimum wage.”Lt. Governor Fetterman’s statement:“People deserve the dignity of being able to support themselves when they’re working full-time jobs. Workers being paid low wages are doing what their parents and grandparents did, but they are not getting anywhere; they still need to ask for help for routine expenses.“A single mom or dad who works 40 minimum-wage hours a week can’t afford childcare and needs to use safety nets to get by. We wonder why people are frustrated. This is one reason, and people have told us that time and again.“Poverty wages jeopardize food, housing, and transportation and contribute to intergenerational poverty. People are forced to use government-provided safety nets because they aren’t being paid enough. We need to do better, and we know we can afford to do better. Tell your legislator to raise the wage as 29 states, including all of our neighbors, have already done.”center_img Gov. Wolf, Lt. Gov. Fetterman Urge Raising Pennsylvania Minimum Wagelast_img read more

All this buyer wanted for Christmas was an art deco apartment block

first_imgOsmaston, at 598 Lower Bowen Tce, New Farm, has sold. Picture: from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoMr Koukides said the building attracted 120 inquiries and six offers before selling to a “well-known local developer”.“He walks past it on a regular basis and always wanted an art deco building,” Mr Koukides said.“He thought it was meant to be because he was the second buyer.“He actually missed out, but the first guy cooled off and so he got the phone call.” HOW MUCH? £3000 HOME SELLS FOR $4M PLUS This art deco building at 32 Moray St, New Farm, recently sold. One of the kitchens in Osmaston at 598 Lower Bowen Tce, New Farm.Mr Koukides said the sale was a welcome, early Christmas present for the property’s vendor, who was based in Athens.The property is in a prime location, walking distance to Merthyr Village shops and New Farm Park.Last month, another art deco apartment building in New Farm sold for $2.95 million to a local architect who plans to transform it into a family home.It was the first time the heritage-listed property at 32 Moray Street had changed hands in 81 years. Osmaston at 598 Lower Bowen Tce, New Farm, has sold. Picture: a 470 sqm parcel, it includes four two-bedroom apartments on the upper levels and two one-bedroom apartments on the lower level.The bathrooms and kitchens were renovated in the past 15 years. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE Selling agent George Koukides of First National Real Estate Metro marketed the property as being “highly sought after but rarely available” and offering strata title potential.center_img Osmaston at 598 Lower Bowen Tce, New Farm, has sold. Picture: ENTIRE block of art deco units in one of Brisbane’s best inner-city locations has sold for the first time in six decades for more than $2.4 million.Kept in the same family for generations, the property was built in the early 1930s and used to house some of the US navy during World War Two.The building, Osmaston, at 598 Lower Bowen Terrace, New Farm, generates a rental return of about $80,000 a year. One of the bathrooms in Osmaston, at 598 Lower Bowen Tce, New Farm.Mr Koukides said the buyer had realised what a good opportunity the property was, given there were only 17 art deco apartment blocks in New Farm.“He’s going to think about what to do with it before improving it, but it’s a long-term family hold.” GOLDEN OPPORTUNITY IN COOLANGATTA last_img read more

Achmea scheme’s booming Dutch property holdings deliver 24%

first_imgAt year-end, its infrastructure holdings totalled €20m.Despite the strong real assets returns, the €7.3bn pension fund posted an investment loss of 0.8% for the year as most of its asset classes had performed badly.Its overall result was worsened by the performance of its currency hedge, which lost 1.5% a year. After accounting for the impact of hedging, the fund lost 1.6% in 2018.Achmea attributed the loss on its currency hedge to the appreciation of the US dollar relative to the euro. It had fully hedged major currencies including the Swiss franc and the Australian, Canadian and Hong Kong dollars.Other Dutch schemes, including BpfBouw and Philips Pensioenfonds, were also hit by exchange rate fluctuations last year.Equities and bonds disappointAchmea’s equity portfolio produced an overall loss of 4.5%, with global equity down by 3.5% and emerging markets equity falling by 10.3%.The scheme said its large fixed income portfolio had returned 0.4% due to falling interest rates. Euro-dominated government bonds gained 3.5%, but emerging market debt lost over the year, with hard currency investments declining by 3.7% and local currency investments falling by 1.5%.The latter result was in part due to rising US interest rates, but Achmea also said the loss had been limited by the depreciation of local currencies, in particular the Turkish lira and Argentinian peso, relative to the euro.High yield credit fell by 3.9%, which the pension fund said was due to the “defensive approach” of its Worldwide High Yield Fund and underlying managers.Based on a funding of 124.5% at year-end, the Achmea scheme granted its workers full indexation of 2%. Its deferred members and pensioners received inflation-linked compensation of almost 1.2%.The pension fund reported costs per participant of €309 and said it had spent 0.25% and 0.09% on asset management and transactions, respectively.At year-end the scheme had 11,850 active participants, 19,895 deferred members and 5,395 pensioners. The pension fund of Dutch insurer Achmea recorded an investment return of 23.8% from its direct real estate holdings in 2018.In its annual report for the year, it said that the return – an outperformance of 9.4 percentage points relative to its benchmark – was caused by a revaluation of residential property and offices in particular.With a profit of 8.6% and an outperformance of 6 percentage points, infrastructure also performed strongly, Achmea said.The pension fund has since decided to switch its 10% real assets allocation to non-listed funds. As a consequence, it has divested its discretionary residential property portfolio and committed €200m to four real estate funds, as well as €75m to the IFM Global Infrastructure Fund.last_img read more

Former CEO of SBM Offshore gets jail time for paying bribes

first_imgEX-SBM sales exec gets 30 months behind bars Another man implicated in the scandal, Robert Zubiate, a former sales and marketing executive at SBM USA, was sentenced to serve 30 months in prison and a fine of $50,000.Zubiate, like Mace, pleaded guilty in late 2017 to bribery charges. According to his plea, from 1996 until 2012, he and others used a third-party sales agent to pay bribes to foreign officials at Petrobras in exchange for those officials’ assisting SBM and SBM USA with winning lucrative offshore oil projects from Petrobras.Zubiate also admitted engaging in a kickback scheme with the bribe-paying sales agent for SBM and its SBM USA.Assistant Attorney General, Brian Benczkowski, said: “Anthony Mace and Robert Zubiate played key roles in a massive bribery scheme that involved the payment of millions of dollars to public officials in exchange for lucrative oil-services contracts. Their actions rewarded corrupt officials’ greed and tilted the playing field against honest, law-abiding companies. Their sentences should serve as a warning to corporate executives everywhere: if you pay bribes to advance your business interests, we will catch you, and we will prosecute you to the fullest extent of the law.”Their sentences should serve as a warning to corporate executives everywhere.U.S. Attorney Ryan K. Patrick of the Southern District of Texas added: “Pursuing corrupt companies and individuals who misuse our financial system to commit FCPA violations represents our commitment to keeping the integrity of American democracy in place both here and abroad. We will continue to prosecute such cases involving wrongdoing for corporate crimes and greed.”It is worth noting that SBM entered into a $238-million-dollar three-year deferred prosecution agreement with the United States in November 2017 over its role in the conspiracy. Its subsidiary, SBM USA, pleaded guilty to one count of conspiracy to violate the FCPA.To remind, SBM in November 2014 reached a $240 million out-of-court settlement with the Dutch Public Prosecutor’s Office (Openbaar Ministerie) over the inquiry into alleged improper payments.The Department of Justice has once already investigated this case but decided to close it in 2014 based upon a lack of US jurisdiction, but reserved the right to reopen the investigation if new facts came to light.However, it then in 2016 reopened the investigation following a case in Brazil, when the Brazilian Public Prosecutor’s Office made bribery allegations regarding several people in Brazil and abroad, including some (then) current and former employees of SBM Offshore, of whom one is a U.S. citizen.Settlement in BrazilSBM Offshore in September 2018 reached a deal with the Brazilian prosecutor under which the prosecutor will refrain from initiating new legal proceedings against the company related to legacy bribery issues in Brazil.The agreement provided – in addition to the amounts agreed in the previously signed leniency agreement – for the payment of an additional fine by SBM Offshore of $48 million. The additional fine is to be paid to Petrobras in installments: an upfront payment of BRL 60 million, with seven BRL 20 million installments thereafter.This additional agreement brings the total amount of the provision established by the company in respect of legacy issues in Brazil from $299 million to $347 million. SBM Offshore’s former CEO Tony Mace has been sentenced to three years in prison for his involvement in an international bribery conspiracy.Mace, a UK-citizen, who left the CEO position of the FPSO supplier SBM Offshore back in December 2011, was sentenced to 36 months in jail and a fine of $150,000.He previously admitted to being involved in a scheme to bribe foreign government officials in Brazil, Angola, and Equatorial Guinea which violates the U.S. Foreign Corrupt Practices Act.According to admissions made in connection with his plea agreement, Mace acknowledged that, before he became CEO, other employees of SBM entered into an agreement to pay bribes to foreign officials including at Brazil’s state-controlled oil company Petrobras, Angola’s state-owned oil company Sonangol, and Equatorial Guinea’s state-owned oil company GEPetrol.Mace admitted that he joined the conspiracy by authorizing payments in furtherance of the bribery scheme and deliberately avoided learning that those payments were bribes.In particular, Mace maintained a spreadsheet reflecting payments to five individuals. He admitted that even though he was aware there was a high risk those individuals were Equatorial Guinean officials, he authorized SBM to make over $16 million in payments to those individuals.Mace further continued a practice that was instituted before he became CEO by splitting payments to SBM’s Brazilian intermediary by paying a portion of the intermediary’s commission to an account in Brazil and another portion of the agent’s commission to accounts in Switzerland held in the name of shell companies.In his plea deal, he stated that he deliberately avoided learning that the ultimate recipients of the payments that he authorized to the shell companies were Petrobras officials.last_img read more

Miss Dominica shines at Caribbean World Pageant

first_imgEntertainmentLocalNews Miss Dominica shines at Caribbean World Pageant by: – May 8, 2012 Nadira Lando; Miss Dominica 2012 and Miss Caribbean World Pageant 2012. Photo credit:caribbeanmagazine.comNineteen year old Nadira Lando has done it again, capturing her first regional pageant title after being crowned Miss Dominica in February of 2012.Lando who participated in the Miss Caribbean World Pageant at the weekend in Tortola outshined sixteen competitors at the Multipurpose Sports Complex on May 5th.Miss Dominica won the awards for Miss Photogenic, Best Costume and Best Swimsuit.Lando noted that she “worked really hard and my hard work has paid off” as this was her first regional pageant and “did not know what to expect”.Miss Dominica expressed gratitude to several Dominicans residing in Tortola for their support.“I got to meet several Dominicans who pledged their support and it was really great to be there on the night of the show; there were so many Dominicans in the crowd and I was really, really appreciative of the support”.She also thanked her chaperone former miss Dominica Nakita Bruno and the rest of her team for their support. The other awards went to; Miss BVI Abygail Hydman for Best Evening Wear, Miss Curacao Marvia Laurence for Miss Congeniality, Temisha Libert, Miss United States Virgin Islands Best Talent and Suzan Castano, Miss Dominican Republic won Miss Poised.The first runner up position was captured by Abigail Hyndman Miss British Virgin Island; Consuelo Dupal Miss St Lucia was Second runner-up, Alina Roberts Miss Cuba 3rd runner up and Marvia Lawrence Miss Curacao fourth.The contestants competed in five segments including swimwear, costume, talent and evening wear on Saturday however the interview section took place on Wednesday last week.Dominica Vibes News Tweet 261 Views   one comment Sharing is caring!center_img Share Share Sharelast_img read more

Champion’s mindset propels Halep into Aussie Open semi-finals

first_img Loading… Read Also: Aussie Open: Zverev sweeps past Wawrinka to make first Grand Slam semiHalep, who struggled with a back injury towards the end of last year, said that she spent the off-season in Dubai rather than at home this year.“I’ve been there almost three weeks and worked more professional than before,” she said.“That’s why I left home because I can keep focused on what I have to do every day, no days off.”FacebookTwitterWhatsAppEmail分享 Promoted ContentEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouBest & Worst Celebrity Endorsed Games Ever Made5 Of The World’s Most Unique Theme ParksWorld’s Most Delicious FoodsThe Very Last Bitcoin Will Be Mined Around 2140. Read More8 Superfoods For Growing Hair Back And Stimulating Its GrowthBirds Enjoy Living In A Gallery Space Created For Them10 Risky Jobs Some Women DoTop 10 TV Characters Meant To Be Iconic10 Stargazing Locations To ‘Connect With Nature’Which Country Is The Most Romantic In The World?2020 Tattoo Trends: Here’s What You’ll See This Year Simona Halep warned she’s playing some of the best tennis of her career as she steamed into an Australian Open semi-final against fellow two-time Grand Slam champion Garbine Muguruza on Wednesday.Advertisementcenter_img The 28-year-old Romanian is the only player in the women’s draw not to drop a set in Melbourne and never looked in danger of doing so as she thrashed Estonian 28th seed Anett Kontaveit 6-1, 6-1 in 53 minutes. Muguruza, who like Halep has won Wimbledon and the French Open, sealed a date with Halep with a 7-5, 6-3 quarter-final win over Russia’s 30th seed Anastasia Pavlyuchenkova.Muguruza edges Halep 3-2 in their five previous meetings, but Halep said she is in the kind of sizzling form that saw her defeat Serena Williams 6-2, 6-2 in the Wimbledon final in July.The former world number one is also growing into the Australian Open, having said previously she was sluggish and tired at the outset.“I feel more energy going to the semi-finals. I feel more confident, I feel my game,” said Halep, who is set to rise a place to second in the world rankings next week.There has also been a change of mindset in Halep when she approaches Grand Slams, she said.“I just feel more confident and I feel like I’m able to do it,” said the Romanian, a popular figure with her fellow players.“It’s just a feeling that you don’t see this trophy as impossible anymore.“This is what I’m feeling about the Grand Slams now.”Halep, beaten in the 2018 final in Melbourne by Caroline Wozniacki, wasted no time asserting her authority over 28th seed Kontaveit, who was contesting her first Grand Slam quarter-final.Halep broke the 24-year-old in the third game of the first set, then again in the fifth game. Spectators at Rod Laver Arena had barely had time to settle into their seats.Halep sealed a one-sided first set in 29 minutes with a rocket of a forehand that the overwhelmed Estonian had no chance of retrieving.Kontaveit had failed to win a set against Halep in two previous meetings, and this was to be no different.Halep broke again at the start of the second set and wrapped up a dominant victory in style, sending down an ace.last_img read more

Duterte ‘inclined’ to sign Anti-Terror Bill – Palace

first_imgMANILA – President Rodrigo Duterte is inclined to sign the controversial Anti-Terrorism Bill into law, his spokesperson Harry Roque said in a television interview Tuesday morning.Roque revealed in an interview with CNN Philippines’ The Source that the controversial measure is already being reviewed by President Duterte, although there was no timetable when it will be signed.“Rhetorically, President Duterte said he was waiting for Senator Panfilo Lacson to finish his commas and periods. But the enrolled bill is now on the desk of the President,” Roque said.“He is taking a final look at it, but I think he’s inclined to sign it,” the Palace spokesperson added.Roque also noted that President Duterte is likewise waiting for the final review of the Office of the Executive Secretary as well as possible inputs from the Department of Justice, which conducted its own review.Militant and human rights groups, among others, fear that the Anti-Terrorism Act will be abused and used to go after critics of the government, while Commission on Human Rights called on the bill’s vague definition of terrorism.Under the anti-terrorism bill, persons who shall threaten to commit terrorism, and those who will propose any terroristic acts or incite others to commit terrorism shall suffer imprisonment of 12 years.Suspected persons can be detained for 14 days without a warrant of arrest with an allowable 10-day extension. A 60-day surveillance on suspected terrorists can also be conducted by the police or the military, with an allowable 30-day extension./PN Protesters march toward the University of the Philippines in Diliman, Quezon City against the Anti-Terrorism Bill on June 4, 2020. Presidential spokesperson Harry Roque says President Duterte is inclined to sign the controversial measure into law. MARK DEMAYO/ABS-CBN NEWS last_img read more

Mancini glad of Vincent’s Kompany

first_img Kompany turned home a Gareth Barry strike at the start of the second half to snuff out any hope of a Newcastle revival after Carlos Tevez – with his seventh in six games – and David Silva had put the hosts in command before half-time. Yaya Toure increased City’s lead before the end and with Sergio Aguero also returning from a knee injury, the Blues will head into their April 8 Manchester derby meeting with United at Old Trafford in confident mood, even if their Premier League title defence is almost over. “It is impossible we can win the title but it is important to finish the season well,” said Mancini, whose side will discover their FA Cup semi-final opponents on Monday when Chelsea entertain United. “If we play like this we won’t have a problem in the last couple of months of the season. We want that second place and to win the FA Cup semi-final.” Mancini confirmed defender Matija Nastastic had been ruled out by a foot injury sustained on international duty, although the Serbian is not expected to be missing for long. Newcastle manager Alan Pardew admitted his side were second best, a situation that would have been the same even if they had been at full strength. “I think we might have struggled against that Manchester City side even with my best team,” he said. “Kompany gives them an assurance and a presence at the back that they might have been missing in other games. I don’t think City are going to win the league and in the first half they had an assurance about them that comes from playing with no pressure.” Manchester City manager Roberto Mancini hailed the influence of captain courageous Vincent Kompany after the Blues romped to their biggest Premier League win since November. On his first appearance after two months out with a calf problem, Kompany netted City’s third in a 4-0 triumph over Newcastle that consolidates their second-placed position in the table. Little wonder Mancini was so concerned at Kompany being called into World Cup action for Belgium last week, given his obvious importance to the Blues. “Vinnie is important for us,” said Mancini. “We played without him for 60 days, which was very bad for us, like when we lost Yaya Toure for a month. There are some players that are very important and if they don’t play for three, four, five games it is a big problem.” center_img Press Associationlast_img read more

VB : SU fails to convert on multiple match points in disappointing loss to USF

first_img Comments Published on September 25, 2011 at 12:00 pm Contact David: | @DBWilson2 Syracuse had hoped things would be different this year against South Florida. Last year, the Bulls ended the Orange’s 18-game winning streak and ushered in a season of disappointment in the Big East for SU.And the first set went just the way SU hoped its Big East season opener would go. Syracuse dominated, jumping out to a 17-10 lead. But SU only won the set 25-21 after a South Florida rally keyed by freshman Valerie El Houssine’s four consecutive kills.The Bulls’ little comeback was a sign of things to come.‘We have a lot of mental errors,’ junior Sam Hinz said. ‘It’s frustrating. … After a six point lead no team should be let back in the game.’After taking a two-set lead, Syracuse dropped back-to-back sets in which it had match point before USF controlled the final set, 15-12, to defeat the Orange in five sets. Syracuse (9-6, 0-1 Big East) dropped its Big East opener despite carrying momentum through two sets.AdvertisementThis is placeholder textHeading into intermission, the Orange had three chances to close out the win. But South Florida (5-9, 1-1 Big East) made the necessary changes to make it a match.‘They made some adjustments,’ assistant coach Kelly Morrisroe said. ‘They definitely sped up their offense a little bit. … That’s something that our blockers are having a little bit of trouble adjusting to lately.’In the second set, USF jumped out to a big lead of its own, going up 10-3 before the Orange called a timeout to regroup.Out of the timeout, freshman Nicolette Serratore managed a dig and a kill in the same point. That sparked a Syracuse rally that culminated with one of freshman Andrea Fisher’s team-high 16 kills to give the Orange a 25-22 victory and a two-set lead.‘They were just telling us to keep fighting,’ Serratore said. ‘It was still early in the game, so we had a lot of playing left to do.’With SU now in control headed into intermission, it was South Florida that needed to remember there was a lot of playing left to do.El Houssine, who almost capped a Bulls rally in the first set, did. She gave SU fits from start to finish, tallying a career-high 30 kills, including 10 in the third set.‘They were definitely going towards their strongest hitter (El Houssine),’ Serratore said. ‘They were feeding her a lot because she was on fire and she was doing really well. They kind of found that weakness in our defense.’Despite Houssine’s outstanding play, SU still had a chance to close out the match in the third set. The Orange had three match points in the third set, but was unable to capitalize as the Bulls extended the match with a 29-27 victory.Unfortunately for the Orange, this became a theme.In the fourth set, the momentum continued to shift as South Florida led for most of the set. But SU managed to battle back with a run of its own to take a 15-10 lead.Of course, in this game of runs, the Bulls made one of their own. South Florida scored five of the next six points to battle back and take another 29-27 win after Syracuse blew multiple match points and committed nine errors.‘It’s just one of those matches where we played hard,’ Morrisroe said. ‘It’s just it comes down to a couple points. It’s one of those games that really could have gone either way.’The Orange never led in the fifth and final set. SU was able to cut the lead to 13-12 with a late run, but ultimately lost after one of its five errors in the set, and USF scored back-to-back points to shock Syracuse for only the Bulls’ fifth win of the season.Despite some mental lapses and a disappointing defeat, the Orange kept its confidence after the game that Big East play won’t go the same way it did last season.‘It’s the beginning of the Big East,’ sophomore Lindsay McCabe said. ‘We have a few freshmen on the court, but hopefully we can straighten things out.‘Hopefully get some of the kinks out and get ready for Big East again next weekend.’dbwilson@syr.educenter_img Facebook Twitter Google+last_img read more

Syracuse splits two games on final day of Mary Nutter Classic

first_img Facebook Twitter Google+ Syracuse (7-8) split two games Sunday to close out its weekend in Cathedral City, California at the Mary Nutter Classic. The Orange lost the first game to Texas A&M (12-4), 9-1, and shutout Nevada (3-10), 6-0, in the second game.Sydney O’Hara got the loss in the first contest, allowing five hits and six runs, four earned, in two innings of work. She also had two strikeouts and two walks.Lindsey Larkin pitched the remainder of the game and allowed three earned runs on six hits and a strikeout.The Orange’s sole run in the first game came when Corinne Ozanne hit her eighth home run of the season in the top of the first.Jocelyn Cater and O’Hara pitched in the second game, combining for the shutout. Cater recorded the win, improving to 4-5 on the season after allowing four hits in five innings of work. O’Hara allowed one hit in the last two frames, preserving the win.AdvertisementThis is placeholder textSyracuse scored two runs in the first inning to begin the scoring when Julie Wambold singled to right field, scoring leadoff hitter Maddi Doane. O’Hara singled to right field as well, scoring Ozanne and bringing the score to 2-0 Syracuse in the top of the first.Syracuse also scored two runs in the fifth inning when O’Hara doubled to left center and Sammy Fernandez came across to score. Ozanne scored on McKenna Isenberg’s wild pitch.In the sixth inning, Nevada walked in a run with the bases loaded, bringing SU’s lead to 5-0. Doane singled to center field in the seventh inning and Annie Toczynski scored, rounding out the scoring for the Orange.Syracuse opens up conference play on Saturday when it travels to North Carolina State for a three-game series in Raleigh, North Carolina.Compiled by Liam Sullivan, staff writer, Comments Published on February 22, 2015 at 6:39 pmlast_img read more