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Miami Beach Pop Festival Announces Inaugural 2019 Event

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first_imgThe first-ever Miami Beach Pop Festival, a three-day cultural experience celebrating music, food, and the vibrant Miami Beach environment, is set for November 8th-10th, 2019. The festival will be held on the sands of South Beach between 5th & 10th streets, adjacent to the beachfront Lummus Park and the iconic Ocean Drive.Miami Beach Pop will feature a diverse lineup of artists from around the globe, spanning genres of rock, pop, Latin, R&B, electronic, jazz, country, reggae, and more, with international stars and local musicians performing across three stages. The festival will also feature special artist collaborations curated by co-founding partner and Chief Creative Officer Paul Peck, one of the driving forces behind Bonnaroo’s annual SuperJam.Miami Beach Pop will include a culinary showcase celebrating the vibrant flavors of the city, featuring local chefs and specially curated food experiences to bring together the community’s many cultures and cuisines. Additionally, the three-day event will feature a plethora of Florida’s local craft breweries.Co-Founding Partner and CEO Steve Sybesma explains,This is truly a festival like no other. You can make this your festival vacation – or staycation – in America’s tropical paradise. The beautiful art deco area hotels will be filled with like-minded music fans and festival-goers, who can rediscover Ocean Drive, enjoy a morning swim in the ocean, dine at the many world-class restaurants in Miami Beach, and walk in and out of the festival, just a few steps away.The three-day festival plans to unite with the Miami community through partnerships with local businesses, schools, community leaders, and nonprofit organizations. The festival will also present collaborations between gifted students and local, young artists.Keep an eye on Miami Beach Pop Festival’s website for the latest updates regarding the artist lineup and ticketing on-sale information.last_img read more

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A red oak live tweets climate change

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first_imgIf a tree could talk, what might it say?Would it plead for rain in a drought? Fawn over a neighbor’s foliage? Crack jokes about how fast another tree loses its leaves in fall?It seems unlikely anyone will ever come across a loquacious linden. But for the arbor-curious, a red oak at the Harvard Forest in Petersham has been tweeting as @awitnesstree since July 17. Outfitted with sensors and cameras, and programmed with code that allows it to string together posts with prewritten bits of text, the Harvard Forest Witness Tree has been sharing on-the-ground insights into its own environmental life and that of its forest.Already renowned in certain circles as the subject of the popular climate-change book “Witness Tree” by Lynda Mapes, the century-old oak’s social-media debut was the brainchild of Harvard Forest postdoctoral fellow Tim Rademacher and is now a team effort with Clarisse Hart, who heads outreach and education for the forest. Its online presence is modeled after similar “twittering” trees that chronicle their life experiences as part of a tree-water and carbon-monitoring network based in Europe called TreeWatch.net.“We’ve done the work as a team to equip the tree with a voice, which we decided made the most sense in the first person, and even with a personality, in order to make it relatable to a larger audience,” said Rademacher. “But most importantly, our Witness Tree is an objectively data-driven account, which I expect will amplify messages of climate change. But we don’t decide what gets posted, the tree does.”In 2018, with support from the National Science Foundation, Rademacher installed equipment on and around the tree to help better understand the tree’s physiology and its place within the environment of the Harvard Forest, and the world beyond.Dendrometers measure the tree’s growth in real time, evaluating daily changes in the radius of its trunk and providing insights into its health, how it stores carbon, and how it helps remove carbon dioxide from the air. Sensors measure sap and water flow within the xylem, the tree’s transport system to move water and nutrients. This information will help the Harvard Forest team understand how climate, particularly extreme events such as heatwaves and drought, affects water use and nutrient transport within a tree.,Digital cameras called PhenoCams take time-lapse photos every 30 minutes to provide a picture of the environment around the Witness Tree as the seasons pass and the canopy turns from green to yellow to red and orange. The color changes provide clues about the absorption of carbon by photosynthesis and the ways forests are changing with the climate. Harvard Forest collaborators from the University of Massachusetts, Boston, periodically scan the tree (and its neighbors) with a Light Detection and Ranging (LIDAR) Point Cloud device, consisting of a laser, a scanner, and a GPS receiver, which creates 3D diagrams to quantify the volume and condition of leaves and wood.“I was struck by the amount of technology that goes into researching one red oak, and trees in general,” says Shawna Greyeyes, a summer intern in the 2019 Harvard Forest Research Program in Ecology who developed the Witness Tree website and is @awitnesstree’s ghostwriter. “There’s a great opportunity here to introduce people to this important science, in language they can hopefully understand, and also connect with.”,Perhaps most impressive, especially for a centenarian, is that the tree is also blessed with a reference of more than 50 years of existing data culled from resources such as the Harvard Forest’s Fisher Meteorological Station.“This is one of the things that sets it apart from existing twittering trees in Europe,” said Hart, “as our tree’s social media messages can also draw on the decades of data in Harvard Forest’s incredible data archive. Meaning, a sensor on a tree anywhere in the world could tell you that a summer temperature is hot, but our tree has the ability to report that it’s the hottest temperature it has seen in 50 years. Our tree is not just witnessing in real time; it’s got a memory.”Case in point: On July 21, when most of Massachusetts was engulfed in blazing heat, the Witness Tree provided some perspective. The last 2 days were extremely hot for July. When is this heatwave going to end?— A witness tree (@awitnesstree) July 22, 2019Trees are among the world’s most dominant life forms — there are about 600 adult canopy trees per each adult human being worldwide — so studying them will certainly bolster efforts to combat climate change, says Rademacher. Yet remarkably, even though they dominate our planet and are easily accessible to researchers, we still know comparatively very little about how they work.Rademacher’s own research, for example, focuses on how environmental changes affect wood growth. He studies trees at Harvard Forest and brings the samples back to the Richardson Lab at Northern Arizona University, where they analyze leaves, wood, and roots to trace the amount and movement of carbon within the tree and its effects on wood growth. And although rough estimates of carbon absorption on land do exist, global vegetation models estimating land carbon levels over time are imprecise, because scientists simply don’t know how much trees will grow under changing environmental conditions.Still, while the science on what role trees may play in climate change is not yet exact, it is clear that “every tree that is planted is better than a tree that is not planted,” said Rademacher.For this reason, the Harvard Forest team hopes to create a tool kit, complete with sensors, to share with faculty, K-12 educators, environmental organizations, and individuals to continue to inspire inquiry, and education, on trees and the role they can play in preserving Earth for generations to come. Rademacher envisions mini weather stations gathering data on trees in individual backyards across the world. “I dream of an internet of trees,” he said.To begin with, the team is hopeful that the Witness Tree will amass a sizable, engaged following on Twitter. Followers are encouraged to interact with the tree and to ask probing questions. So here’s one: Once and for all, if a tree falls in a forest and no one (read: human) is around to hear it, does it make a sound or not? Yesterday, it was very hot. With a daily average of 27 ℃ (80.5 ℉), it was the 24th hottest day I can remember.— A witness tree (@awitnesstree) July 22, 2019Hours later, the tree voiced what many sweltering residents across the commonwealth were probably also wondering: If I fell in the woods, YES, it would make a sound! (There are thousands of organisms around me that would sense the noisy vibration.) But as an oak tree in its prime, I’m not planning to fall any time soon!— A witness tree (@awitnesstree) July 29, 2019 The Daily Gazette Sign up for daily emails to get the latest Harvard news.last_img read more

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The Power of Precision Medicine, Personalized Care & a Brave Kid: Jens’s Story

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first_imgJens Hildreth is a fun-loving 8-year-old. He smiles a lot. He is on the move – a lot.  And he asks questions – a lot! Sam, when is the kid’s library open? Hey Bill, when is your partner coming to the security desk? Jens seems to know everyone at Helen DeVos Children’s Hospital (HDVCH) in Grand Rapids, Michigan.Jens and his dad, Dean Hildreth, visit with the Helen DeVos Children’s Hospital staff. Jens enjoys meeting new and old friends during his trips.Jens is here often. In the past year, he and his parents have made the six-hour flight from their home in Alaska over 10 times so Jens may receive care for his neuroblastoma, a rare pediatric cancer without a cure. At age 4, Jens was diagnosed after doctors found an orange-size tumor wrapped around his kidney. Jens has been through a lot since the difficult surgery to remove the tumor.Right now, Jens is feeling pretty good. He takes medication daily to bolster his immune system and he receives chemotherapy once a month near his home. Remarkably, all of his current treatment is designed specifically for his tumor and his genes – and this means less harsh side effects and a kid who feels well enough to jump all around the hospital to see his friends.Jens receives treatment as part of his involvement in the world’s first precision medicine clinical trial for pediatric cancer run within the Dell Precision Medicine Program, run by the Beat Childhood Cancer Consortium at HDVCH and the Translational Genomics Research Institute (TGen). Jens’s recent bone marrow aspiration test showed cancer cell detection at zero – and that’s a big deal. How did Jens get to this point?Jens plays outside of the Helen DeVos Children’s Hospital. His stuffed monkey, Ivy, is his well-loved travel buddy.Dr. Giselle Sholler, Jens’s doctor in Michigan, asks you to envision a computer monitor with numerous images of DNA and RNA strands, showing the genetic codes causing cancerous tumors to grow. Doctors can then learn how to break these codes by using drugs.This information is made possible after a process called “genomic sequencing,” where a piece of a child’s tumor is studied using very specialized computing technology that can analyze more than 200 billion data points.Dr. Sholler is the director of the Haworth Innovative Therapeutics Clinic at HDVCH. She’s also the director of the pediatric oncology research program there, and the chair of the Beat Childhood Cancer Consortium.Jens’s tumor was analyzed by the TGen bioinformatics team in Phoenix, Arizona. Here, the team uses Dell’s high-performance computing solution to analyze patients’ tumors as part of TGen’s partnership with Dr. Sholler and the Beat Childhood Cancer consortium.While this analysis at TGen is happening, a piece of the tumor is also at the hospital lab, where Dr. Sholler and her team use it to grow more cells in culture, in order to test which drugs the tumor cells respond to.Once this process is complete, a broad team of experts from all over the world convene and talk about the patient’s information – all digitally stored in the KIDS Cloud, a cloud-based Dell solution that enables medical professionals from TGen and all the Beat Childhood Cancer clinical trial sites to collaboratively review information and create treatment plans.“We discuss the patient’s case, the genomics, what DNA mutations do we see… what drugs might target those. Together we come up with a personalized treatment plan,” Dr. Sholler says.Since Dell began its partnership with TGen in 2011, over 150 critically ill patients have received precision medicine-based treatment based on genomic sequencing. Dell provides funding, technology and expertise that enable researchers and doctors to accelerate and improve treatment plans. Recently published trial results show that the precision medicine approach stabilized or reduced tumors in 64 percent of children with neuroblastoma.Mapping one human genomeAccording to Dr. Jeffrey Trent, TGen’s president and research director, if one were to type 60 words a minute, eight hours a day, it would take 50 years to record one human genome, creating a stack of paper as high as the Statue of Liberty — and a single misspelling could cause a disease. Dr. Trent credits TGen, Dell and EMC for forming an IT infrastructure that now allows scientists and clinicians to receive this critical information faster than ever thought possible.Neuroblastoma is an aggressive cancer. Many children relapse. So when doctors discovered Jens’s tumor had returned in 2016, precision medicine was vital to garnering better insights for more effective treatment – that could be prescribed faster.Dell’s funding and technology helped TGen reduce the time it takes to do a whole genome sequencing analysis from multiple weeks to eight hours.Jens’s mom, Joelene Kacena, recalls how this time-saving technology provided hope to her family at a very critical stage.“When doctors are trying to figure out what to do next, you think of the cancer every minute, every hour,” she says. “The anxious part of me was saying, Hey, my kid’s cancer is multiplying and growing as we speak. So when we learned about the precision medicine approach, I was totally wowed.”For Kacena, her son’s experience with precision medicine has meant many positive things. A happier, healthier Jens. The ability to work again at her job in the local library. More laughs shared by all three of her sons, playing together.“He’s better and we’re so, so happy for that,” Kacena says. “I want more families and children to know about this approach and to benefit. I hope this flourishes and flourishes and becomes a natural protocol.”Jens with his mom, Joelene, and dad, Dean. Jens enjoys basketball, computer games, and learning new things.As part of our work with TGen, we learn about remarkable young patients, and their families with extraordinary courage. Meet more of these special people here.Explore more on delltechnologies.com:CUSTOMER STORY: Speed is imperative in the fight against rare diseases. For Translational Genomics Research Institute (TGen) and its Center for Rare Childhood Disorders, the Phoenix-based research and treatment center, shortening the “diagnostic odyssey” is only the beginning.TRAILBLAZERS PODCAST: From X-Rays to wearables, better healthcare means peering deeper into the human body. Join Walter and guests Dr. Daniel Kraft, Reenita Das, Dr. Jeffrey Trent, Anne Wojcicki and Dr. Giselle Sholler as they explore how wellness is becoming more personal, and more proactive.This article shares one example of how Dell is committed to driving human progress by putting our technology and expertise to work where it can do the most good for people and the planet.  We call this our Legacy of Good.Explore our FY17 Annual update on our 2020 Legacy of Good Plan at legacyodgood.dell.com.[UPDATE 8/15/2018]On Thursday, August 9, 2018, Jens died at age eight at Helen DeVos Children’s Hospital in Grand Rapids, Michigan. This little warrior from Nome, Alaska, touched so many lives wherever he went. His positive energy was appreciated by anyone he met, including those at DeVos Children’s Hospital and Spectrum Butterworth while he received cancer treatments for his Neuroblastoma. In 2017, while receiving treatment in Grand Rapids, some of us from Dell were able to see first-hand how Jens brought smiles and laughter to strangers, friends, security guards, the hospital librarian – everyone in his path. Jens – and his parents Joelene and Dean – fought his cancer so bravely for over four years. He will be deeply missed.last_img read more

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NBC Doesn’t Save Sean Saves the World; Low-Rated Sean Hayes Sitcom Canned

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first_img View Comments The bad news: NBC has sent Sean Saves the World packing. The low-rated Sean Hayes sitcom vehicle (the Broadway vet is both a producer and star) has been struggling to find an audience since premiering in October 2013, recently hitting a series low of 2.6 million viewers. The Hollywood Reporter reported the network stopped production on the show, which also features Tony winner Linda Lavin, after filming only 14 of the 18 ordered episodes.The good news: series regular Megan Hilty is once again available to return to Broadway! We’ve got the roles, she’s got the time. Now who has a few million dollars? Star Filescenter_img Sean Hayeslast_img

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Governor Shumlin announces additional assistance package for towns

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first_imgGovernor Shumlin was joined by Treasurer Beth Pearce and other state leaders today to announce an Irene recovery package for municipalities struggling with the effects of the tropical storm. ‘We recognize that the disaster is putting a strain on local governments,’ Shumlin said.  ‘This assistance package will help ensure that they have the support they need to emerge stronger than before the storm hit.’The financial package includes: ·         $24 million in advanced State payments: To assist towns struggling with immediate cash flow needs, the State will advance payments of key state and federal programs.   $6.2 million in town highway funds have been delivered this week instead of on October 15.  $12.3 million in Current Use payments will be advanced this week rather than on November 15.  $5.8 million in Payment in Lieu of Taxes (PILOT) payments will be delivered shortly, instead of by October 31.  This is not new revenue to municipalities, but faster revenue, and will help ease short-term cash needs. ·         Local bank loans:  Vermont’s local banks will be offering loans to communities in need with favorable terms.  ·         Municipal Bond Bank loans: The Municipal Bond Bank has initiated a program to assist towns with low-interest loans to finance response and recovery efforts.  In the short term, the Bond Bank will provide stop-gap funding to local banks as needed and may provide direct loans in the future. ·         FEMA Community Disaster Loan (CDL): The State has requested that FEMA initiate its CDL program to assist towns with low-interest loans. ‘The assistance we are announcing today will help the municipalities hard hit by Tropical Storm Irene,’ said Treasurer Beth Pearce.  ‘This package provides a series of options for communities; they can opt for all, none or part of the options beginning with short-term financing all the way through long-term bonding. The banks are on the ground providing short-term financing and the State is advancing payments to municipalities to provide some relief for their short-term cash needs.’ Towns are also struggling with the massive impact that Irene had on the municipal transportation infrastructure.  During the first week of Irene Emergency Response Vermont officials at VTrans realized the extent of damage to local roads and mobilized additional resources to aid towns.  VTrans reached out to the Regional Planning Commissions and the Vermont League of Cities and Towns for assistance.  Vermont’s 11 regional planning commissions (RPCs) formed a State Resource Coordination Center with the mission of helping towns with not only local highway recovery, but also other forms of storm-related assistance. Regional Commission staff have been assessing damage to the local system and today report that Irene washed away more than 1950 local roadway segments, undermined more than 917 culverts, and damaged more than 200 bridges owned by municipalities.   Today, 184 roads and 94 bridges, within the municipal system remain closed.  The regional commissions launched their emergency efforts in coordination with VTrans with the goal of helping towns get the majority of their roads open, safe and passable by winter. ‘The goal of our efforts is to work with towns face that continued stress and mobility challenges, and to help them get back on their feet and establish access through emergency repairs,’ said VTrans Secretary Brian Searles. Road assistance for towns includes: ·         Unmet Emergency Needs Assessment: VTrans has asked towns to request assistance for any unmet emergency needs.  Unmet emergency needs include closed bridges, failed roads, and impassable roads that need to be made safe and passable before winter.  Towns should submit that information to the Regional Commissions as soon as possible and VTrans will work to coordinate additional resources to help towns. ·         VTrans has found that there is a shortage of bridge parts nationwide due to the tremendous need brought on by weather all over the country.  To ensure that towns receive the temporary bridges they need before winter, VTrans will serve as a clearinghouse and source of information on bridge acquisition and a resource for ordering these structures and parts where needed. ·         VTrans and the RPCs will create and update town maps depicting open and closed town roads so the traveling public can plan accordingly. These maps are being used by customer service representatives at VTrans’ Irene Storm Call Center, which can be reached at 1-800-VERMONT. They are also available to the general public at the agency’s website at www.aot.state.vt.us(link is external). To view them, users should activate the ‘local roads and bridges’ section of the Google map.  Smart phone applications of the Google map are also accessible on the Vtrans website. ·         Associated General Contractors (AGC) Clearinghouse: AGC is coordinating Vermont contractors available to help towns repair damaged roads and bridges. This is the principal resource for towns that need outside contracting for rebuilding. ·         Public Assistance (PA) Teams: State & FEMA PA teams are on the ground assisting communities with paperwork needed to obtain reimbursement for FEMA-eligible costs. ‘Vermonters have responded to this disaster with determination, tenacity and hard work,’ said Governor Shumlin.  ‘It is in large part due to the indomitable spirit of Vermonters that our recovery is going so well.  All recovery is local and this package will help ensure that our communities have the support they need.’ ###last_img read more

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Beer For Gear

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first_imgIt’s been just over a year now since I wrote an article on My Fellow Millennials, a piece dedicated to denouncing the stereotypes made about the Millennial generation. By putting the spotlight on seven regional twenty-somethings who are doing cool things, my mission was to showcase that Millennials are not narcissistic, lazy, uncreative, and as addicted to technology as the older generations let themselves believe. Actually, the Millennial generation as I know it has proven time and again to be quite the opposite.Fearless. Patient. Radical. Inspirational. Tough. Grounded. Ambitious.After those eight interviews with ultrarunners, environmental economists, Montessori guides, and farmers, these were the words that came to mind about my generation. Now, a year later, I still feel very passionately that hope for our future lies in the Millennials’ hands. If anything, our older generations should not look on us with doubt and criticism – they should be proud at what we have managed to accomplish so far in the face of international turmoil and environmental crises. They should look not at statistics and sweeping generalizations about twenty-somethings, but at the twenty-somethings themselves who are actively carving out a lifestyle that incorporates passion with doing good, whether it’s on the community front or the international scale.That’s where Theresia Hinton comes into play.I met Theresia through my road ramblings this past summer. Based out of Asheville, N.C., Theresia is a Millennial who works long hours at the ER at Mission Health as an Emergency Department Tech. While she loves hiking and biking in and around Asheville, her true passion lies in helping others. As the volunteer Outreach and Fundraising Director for the non-profit MedicForce, Theresia was tasked with the duty of creating a fundraiser to help raise awareness and money for building a health clinic in Kenya. Her idea? Tap into the outdoor recreation community in western North Carolina and host an event that no adventure nut can turn down – Beer For Gear.“We’ve seen an incredible response,” Theresia says on the subject of reaching out to outdoor brands for donations. “The fact that we’ve had local companies donate gear or items to us who don’t know anything about MedicForce is amazing.”From SylvanSport to Watershed Drybags, Pyranha Kayaks, Astral Designs, Threshold Provisions, Adventure Technology Paddles, ENO, and Catawba Brewing (just to name a few), Theresia’s not kidding about that impressive response.1422467_835207869831780_7655148472260435250_nThe idea of Beer For Gear is simple. Show up to Catawba Brewing in Asheville, Thursday night at 5:30pm, bring a piece of new or used gear to donate to MedicForce, and you get a free beer (and who doesn’t love free beer). Those items will then be placed on a table for direct purchase – name your price, pay up, and the gear is yours. What’s more, that money you spend will go directly to the construction of that health clinic in Kenya (so treat yourself, and shop big). In addition to this yard sale of sorts, Theresia will be putting on both a silent auction and a raffle for the products donated by the above-mentioned (and many more) brands.Paddles, PFDs, drysuits, drybags, a 60-minute massage, a free WFR course, even a few kayaks! Thus far, Theresia has secured over 20 items to be included in the raffle and silent auction. From local artisans and coffee roasters to internationally recognized outdoor brands, it seems that everyone everywhere has been more than willing to support the cause.Attachment-1For those of you that don’t know anything about MedicForce, look ’em up. Theresia first got involved with the organization after taking her EMT course at the NOC, where she met the head of MedicForce and hopped on board a trip to Belize. For nearly two weeks, she traveled with the organization from village to village teaching women in particular about their bodies, cervical cancer, and basic health education and first aid.“A lot of people don’t know this, but the healthcare workers in these villages are oftentimes either voted in or they volunteer despite having no medical experience,” Theresia says. “Our goal is to go in and see what they know, what kind of access to natural medicines they have, what they want to know, and then to stay there as long as they need us. Compared to other charities, we don’t want to just throw medical supplies at them and say ‘we fixed you’ and leave. We want to let them teach us, create a sustainable healthcare system, and then work from there.”That trip to Belize was life-changing for Theresia. She returned to the States with a newfound appreciation for the life she led here, but with an itch to do more. Though she has been the sole organizer for this fundraiser, a task that has eaten up nearly every hour she’s not sleeping or working a 12-hour shift at the ER, Theresia says she is more than happy to help with a cause she feels so passionately about.“After Belize, just seeing the smiles on people’s faces and the gratitude for what we were doing, that made it all worth it,” she says. “I’d say for people who want to do good but feel like they can’t, go after something you love and nothing else will really matter. Money isn’t a factor in donating to a cause. There are so many other ways you can help organizations.”If you’re in the Asheville area this Thursday (or even if you’re not) come out to Catawba Brewing to support the cause and walk away with some awesome gear. Even if you don’t end the evening with a new Pyranha kayak or AT paddle in hand, you’ll be supporting a good cause and drinking a good beer (or three) in the company of good people. What more could you ask for? Raffle tickets are cheap too – 1 for $5 and 5 for $20.Check out the Facebook event here for more information on the raffle and silent auction items as well as updates on the fundraiser.last_img read more

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4 sure ways to get in trouble on social media

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first_imgThe internet has opened up expansive possibilities for financial services professionals. At the same time, the decades-old world wide web still feels a bit like the wild wild west. The rules of engagement are not exactly clear, and hit-or-miss consequences for reckless and rude behaviors only add to the unpredictability of online engagement.Complicating matters is the fact that the internet brings out strange behaviors in otherwise reasonable people. Although lapses in judgment may be temporary, they can have lasting consequences, particularly for professionals in regulated industries like financial services.Luckily for credit union professionals, there are rules in place to help guide appropriate use of the internet. Unfortunately for credit unions, team members still have ample opportunities to make costly mistakes. Here are some of the more common ones our compliance team works with credit unions to guard against:Not following policy: Every credit union should have a social media policy that guides the online behavior of its team members. Beyond simply having the policy in place, credit unions should be updating the document annually at a minimum and providing training on the policy each time it’s updated. New employees should be provided a copy and allowed to ask questions, particularly when it comes to social media use on their personal time. If an employee’s personal social media presence makes it clear they are on staff at a credit union, you may require them to follow the social media policy at all times. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

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PGN joins with Chinese company to develop LNG business in China

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first_img“This partnership will open opportunities to work together in developing the small-scale LNG industry in China as well as in the region,” Syahrial said on Tuesday, as quoted by kompas.com.He added that there was also a possibility for the gas company to cooperate with other companies as China had great potential and various business opportunities.Read also: PGN mulls global bonds issuance to fund capital expenditurePNG’s recent move is expected to support its vision of becoming a player in the international LNG market, as global demand for LNG has steadily increased thanks to a hike in energy consumption in recent years.According to PGN’s estimation, China’s potential demand for gas will increase by over 15 percent annually. As such, PGN’s expansion into China is the right move to add to the firm’s portfolio, Syahrial said.The state gas company also aims to run six cargos for the global markets, including one or two cargos to Japan this year. The firm saw potential for up to nine cargos to Myanmar by 2021 and 18 cargos for the Philippines by 2023, Syahrial went on to say.”These programs aim to give benefits [to receiving countries] through our strong capacity for LNG infrastructure,” he said. (mai)Topics : Publicly listed gas company PGN will partner with a Chinese company to bolster its liquefied natural gas (LNG) development in China, the firm’s executive has said.PGN strategy and business development director Syahrial Mukthar said the firm had signed a memorandum of understanding (MoU) on Friday last week with engineering, procurement and construction (EPC) and manufacturing company WnD (Liaoning) Heavy Industry Co.The Chinese company will provide logistical solutions for the plan over the next year.last_img read more

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UK government publishes DC charge-cap guidelines, transparency rules

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first_imgIn line with this, insurance providers are to be forced to ensure their schemes are independently scrutinised, also by April 2015.Webb said the requirement for governance committees in non-trust schemes means there would be, for the first time, a body acting on behalf of members in every pension scheme.The 75bps charge cap move by the government represents a much harder line than three previous options put out to consultation.In October 2013, the Department for Work & Pensions (DWP) suggested imposing either an absolute 75bps or 100bps cap, or allowing a comply and explain mechanism between the two.The consultation, however, led to further complications for the government, as it was forced to delay its response and suggested measures, with a cap initially expected to be in place by next week, and not 2015.However, after eventually forging a response, the 75bps will also be joined by increased transparency requirements for pension schemes.Under a new legal duty, trustees and independent governance committees will be forced to demand all charge data from providers, in order to scrutinise value for money.The government is also to consult with the Financial Conduct Authority on how to define additional member transaction costs for disclosure, and how to include this in the cap.“Over the next 10 years, the new charge cap will transfer £200m from the profits of the pensions industry to the pockets of savers,” Webb said.“To shine some light into the dark corners of the pensions industry, we will enforce full transparency on all charges faced by pension members. People need to have confidence [they’re] putting money into good pension schemes where their money will be looked after.”In additional moves, the government will also outlaw active member discounts, where charges are added when a member moves employers and ceases contributions.It will also outlaw consultancy charging and commission, where members are charged, via the scheme, for services received by their employer or sales commission. The UK government has moved to cap the charges borne by members saving into auto-enrolment defined contribution (DC) schemes, as its overhaul of the market continues.Announcing the reforms in Parliament, pensions minister Steve Webb said the proposed 75 basis point cap on DC default fund charges would be in place by April 2015.Schemes with all-inclusive annual and default fund charges will also see equivalent caps put into place.The government will also compel DC pension providers to reveal fully all member-borne charges to either trustees or independent governance committees in the case of non-trust DC schemes.last_img read more

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EPL: Watford climb out of relegation

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first_imgRelatedPosts Trio of signings make instant impact as Everton stun Spurs Watford appoint new head coach EPL: Watford battle Gunners for survival Watford moved out of the relegation zone as their stunning revival under new manager Nigel Pearson continued with a 3-0 victory at south coast strugglers Bournemouth on Sunday. Abdoulaye Doucoure’s goal shortly before half time gave Watford the lead and Troy Deeney smashed in their second midway through the second half. Bournemouth offered little by way of a response and substitute Roberto Pereyra completed the rout in stoppage time. Watford produced an impressive display to climb out of the relegation zone. The win, Watford’s fourth in the six games since Pearson took charge with them bottom of the table, lifted them to 17th place, ahead of Aston Villa who play Manchester City later. While Watford, who won only one of their opening 17 league games, are on the up, Bournemouth’s hopes of a sixth successive season of top-flight football are sinking. Eddie Howe’s side looked short on confidence as they slipped to their third successive defeat without scoring a goal. They are second bottom with 20 points from 22 games having been as high as seventh in early November.Tags: Abdoulaye DoucoureNigel PearsonRoberto PereyraTroy DeeneyWatfordlast_img read more

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