New Jersey sportsbooks break $1bn barrier in 2018

first_img Subscribe to the iGaming newsletter New Jersey sportsbooks break $1bn barrier in 2018 Topics: Finance Sports betting 15th January 2019 | By contenteditor New Jersey’s sports books took more than $1bn in wagers during 2018, though the state saw a month-on-month drop in both handle and revenue in December, a month that also saw FanDuel leapfrog DraftKings to become the market’s leading betting operator. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img Finance New Jersey’s sports books took more than $1bn in wagers during 2018, although the state saw a month-on-month drop in both handle and revenue in December.Figures for December released by the state Division of Gaming Enforcement show that by the end of the month the sports books had taken handle of $1.25bn since the first wagers were accepted in mid-June. Revenue from sports betting for this period was $94.0m.The data shows a total of $319.2m was wagered during December, with 76% of bets placed online.That total handle figure was down slightly from November, by 3.5%, though December has historically been a softer month than November for sportsbooks in Nevada, where betting has been legal since 1949.Sports betting revenue for New Jersey’s operators was $20.8m, which was down 1.8% on November. Total revenue of $94.0m was generated from June 14, when Governor Phil Murphy placed the first legal bet in the state, to December 31, 2018.FanDuel, based at Meadowlands, leapfrogged rival DraftKings to become the state’s biggest winner with revenue of $9.1m, up 30% on November and the largest betting revenue figure recorded in New Jersey.Resorts Digital, which hosts DraftKings, reported revenue of $6.7m, which was down 5.6% from November.Football was the most popular betting sport in New Jersey in 2018, accounting for $501.0m of all amounts wagered  – 40% of the total – and gross revenue of 22.3m.Sports betting made up 8.1% of New Jersey’s total gaming revenue of $258.8m during December, which was almost identical to November’s share. Total gaming revenue in December was up 25.1% year-on-year.The state’s regulated iGaming market performed strongly over the month, with revenue up 39.7% to $29.0m. With revenue of $10.2m, Golden Nugget was by far the largest operator, far ahead of the second-placed Borgata Hotel Casino and Spa, which generated revenue fo $5.1m in December.For all forms of gambling, 2018 revenue was up 9.2% year-on-year to $2.90bn, with online gaming contributing $298.7m to this total. Again Golden Nugget contributed the largest share, with full-year revenue of $104.8m, followed by the Borgata with $54.1m. Online casino vertical improved by 25% to $277.3m in 2018, while poker fell 12% to $21.4m.Golden Nugget’s online casino sites reported revenue of $10.2m, beating the previous monthly best for an operator of $9.7m in October 2018. Regions: US New Jersey Email Addresslast_img read more

Soft2Bet launches CampoBet brand in Sweden

first_img Casino and sportsbook operator group, Soft2Bet, has announced the launch of its CampoBet brand into the Swedish igaming market.Soft2Bet made its first launch into Sweden with the Yoyo Casino brand in March this year, after securing a licence from local regulator Spelinspektionen in December 2019. Commenting on its second launch into the jurisdiction, Soft2Bet CEO Boris Chaikin said: “We are thrilled to go live with the ever-popular CampoBet in Sweden, following on from our widely celebrated debut in the territory earlier this year.“Our 17-strong portfolio of cutting-edge casino and sportsbook brands appeals to an impressive range of audiences, and we look forward to further extending its reach across the globe.”Soft2Bet recently launched the same brands, Yoyo Casino and CampoBet, in Brazil. As well as its Swedish license, the company holds licenses from the Malta Gaming Authority and Curaçao eGaming.After securing its Swedish licence in March, chief operating officer Uri Poliavich explained: “Expanding our customer base is of the utmost importance at Soft2Bet.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling Casino and sportsbook operator group, Soft2Bet, has announced the launch of its CampoBet brand into the Swedish igaming market. Email Address Casino & games Regions: Europe Nordics Sweden Topics: Casino & games Sports betting Subscribe to the iGaming newsletter 22nd July 2020 | By Conor Mulheir Soft2Bet launches CampoBet brand in Swedenlast_img read more

P. O. L. I. C. Y Limited (POL.mu) 2015 Abridged Report

first_imgP. O. L. I. C. Y Limited (POL.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2015 abridged results.For more information about P. O. L. I. C. Y Limited (POL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the P. O. L. I. C. Y Limited (POL.mu) company page on AfricanFinancials.Document: P. O. L. I. C. Y Limited (POL.mu)  2015 abridged results.Company ProfileP.O.L.I.C.Y Limited is an investment company that was established as a liability company. P.O.L.I.C.Y Limited is listed on the Stock Exchange of Mauritius.last_img

Water management district focused on HOA’s during shortage

first_img The Anatomy of Fear Reply Support conservation and fish with NEW Florida specialty license plate TAGSSt. Johns River Water Management District Previous articleBreaking News: Dean will not run for re-electionNext articleOrange County Public School Board wants education bill vetoed Denise Connell RELATED ARTICLESMORE FROM AUTHOR Sharon Lee Gates Please enter your comment! 1 COMMENT May 18, 2017 at 8:13 am LEAVE A REPLY Cancel replycenter_img My questions to SJRWMD and all the other ones in Florida are, “Why allow water to be pumped out of our aquifer for bottled water? What restrictions are out on them while we are asked not to irrigate our small lawns?” Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 You have entered an incorrect email address! Please enter your email address here Please enter your name here The St. Johns River Water Management District is encouraging HOAs and residents to use water wisely during the current water shortage warning. On May 16, the district sent the letter below to HOAs within its jurisdiction. On May 9, the St. Johns River Water Management District expanded a Water Shortage Warning for its 18-county service area due to below-average rainfall. The order includes all of Brevard, Clay, Duval, Flagler, Indian River, Nassau, Putnam, Seminole, St. Johns and Volusia counties, and parts of Alachua, Baker, Bradford, Lake, Marion, Okeechobee, Orange and Osceola counties.The objective of the Water Shortage Warning Order is to reduce water use and increase awareness of the need for water conservation. Although conditions have not yet reached a point where there is an expectation of insufficient water to meet anticipated demand and protect water resources, current conditions do warrant heightened water conservation.For many residential water users, the greatest water savings can be realized outdoors, where more than half of residential water is used on lawns and landscapes.Understanding that many Homeowner Associations and residents address irrigation and landscaping via their Deed Restrictions and Covenants, we are asking for your support to promote water conservation with specific attention to how water is used outdoors.As we prepare for the potential of prolonged drought, there are many actions that can help ensure the most efficient use of water, thus extending our potable water supply, until summer rains return.Postpone any recommendations to sod or re-sod landscapes, as new sod requires increased irrigation for successful establishment.Postpone any recommendations for extensive pressure-washing projects, which use significant amounts of water.Please help us ensure residents are aware of watering restrictions. Year-round watering restrictions are in place to ensure that water used for irrigation is used efficiently, and specifies the days and hours to water lawns. Current irrigation restrictions are between 4 p.m. and 10 a.m. and the designated watering days depend on whether you have an odd or even numbered address. Printable materials and information about watering restrictions are available online at www.sjrwmd.com/waterconservation.Water conservation is the cornerstone of Florida’s water sustainability – the district believes that conservation is a critical strategy in meeting the current and future water supply needs of our state. If you would like to schedule a water conservation presentation for your group, please contact Jennifer Mitchell, Public Communication Coordinator, at 904-730-6283 or [email protected] the St. Johns River Water Management DistrictSt. Johns River Water Management District staff are committed to ensuring the sustainable use and protection of water resources for the benefit of the people of the district and the state of Florida. The St. Johns River Water Management District is one of five districts in Florida managing groundwater and surface water supplies in the state. The district encompasses all or part of 18 northeast and east-central Florida counties. District headquarters are in Palatka, and staff also are available to serve the public at service centers in Maitland, Jacksonville, and Palm Bay. Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment.last_img read more

Shocking spear tackle by Paul Emerick on Olly Barkley

first_imgMonday Sep 10, 2007 Shocking spear tackle by Paul Emerick on Olly Barkley Olly Barkley stood out for England in what was an otherwise dismal performance. The United States are hardly a rugby super-power but managed to at least look competitive against the World Champions, England. Here, in the final seconds of match, we see an unfortunate incident. Olly Barkley is upended by American centre Paul Emerick. Surely there was little malice, but it was still very dangerous. Luckily Barkley got up and seemed fine afterwards.Update: Emerick received a 5 match suspension for this tackle, therefore ending his World Cup.  ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Big Hits & Dirty Play Related Articles 25 WEEKS AGO Suspensions handed down after testicle grabbing… 26 WEEKS AGO The ‘double ruffle’ splits opinion with fans… 26 WEEKS AGO WATCH: The nastiest and most brutal moments… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyDoctors Stunned: This Removes Wrinkles Like Crazy! (Try Tonight)Smart Life Reports30+ Everyday Items With A Secret Hidden PurposeNueey10 Types of Women You Should Never MarryNueeyMen, You Don’t Need the Blue Pill If You Do This (Try Tonight)Smart Life ReportsThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel ADVERTISEMENT Trending 1 WEEK AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 Great Tries 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 1 WEEK AGO Veainu finishes superb try after octopus style offload from Waisea 2 WEEKS AGO FULL MATCH REPLAY: Huge stars on show when All Blacks host Pacific Island XV in 2004 2 WEEKS AGO WATCH: Hooker produces ridiculous speed to score 60-metre wonder try for Hurricanes View All Big Hits & Dirty Play 1 DAY AGO Awesome new Etzebeth montage will have Springboks fans psyched for Summer Lions tour 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO AWESOME video shows the very biggest and best tackles of the 2020/21 season View All See It To Believe It 4 DAYS AGO Cheetah racer Habana reveals what was actually going through his mind that day 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash View All Funnies 2 WEEKS AGO Joe Marler elated in special interview as fans return to The Stoop 2 WEEKS AGO WATCH: One of the luckiest and most bizarre tries you will EVER see 2 WEEKS AGO WATCH: Reds players caught out in hilarious celebration blooper vs Chiefs 2 WEEKS AGO WATCH: Faz, Piutau and Burns star in hilarious try fail compilation 4 WEEKS AGO MLR: Giltinis howler sees try overruled despite attempts to celebrate View All Amateur 32 WEEKS AGO Viral video of Scottish club brawl goes down a storm with rugby community 69 WEEKS AGO RUGBYDUMP BLITZ: This Best of the Week round up is sure to entertain you 69 WEEKS AGO RD BLITZ – Disaster, just when it looked so promising… 69 WEEKS AGO That glorious moment that will live on forever, like it or not 69 WEEKS AGO RD Blitz – PROP’S Lionel Messi wizardy creates incredible try View All Player Features 16 WEEKS AGO WATCH: Bumping off tacklers and taking high balls, Rob Kearney had an impressive Super Rugby debut 21 WEEKS AGO Brian Moore on money in modern rugby and how it should never be compared to ‘outlier’ football 22 WEEKS AGO Tuisova’s wrecking ball montage will make you grateful you never made it as a pro 28 WEEKS AGO New Zealand rugby pod admit Owen Farrell is world class 29 WEEKS AGO WATCH: Bath prop launches Amazon documentary focused on those from non-traditional backgrounds View All Related Content from the RugbyPass Network ‘What you do today is how you’re going to be remembered’: Spirit of Rugby – Ep 5 In Spirit of Rugby episode 5, Jim Hamilton talks Lions with Matt Dawson, Jeremy Guscott, Rob Kearney, Simon Shaw, Tom Croft and John Bentley. Watch: Reforging the Steelers | Episode 2 | RugbyPass Original Documentary In Episode 2 of Reforging the Steelers, we follow the team through rounds two to four as they try to get their season on track after an opening loss to competition powerhouses Tasman. ‘I’d pent-up frustration, a lot I probably didn’t realise’: Marcus Watson’s emotional Wasps return Set to turn 30 later this month, Marcus Watson had an early birthday present last weekend when he finally made it back into the Wasps XV. Gavin Coombes grabs four tries as Munster easy to victory over Zebre Gavin Coombes scored four tries at Zebre as Munster secured second place in the northern section of the Guinness PRO14 Rainbow Cup. Leinster finish with Rainbow flourish as fans attend RDS for first time in 16 months Retiring duo Scott Fardy and Michael Bent bowed out on a winning note as Leinster finished the Rainbow Cup with a victory over Dragons. Final round of the Gallagher Premiership hit by a second match cancellation The final round of the Premiership lost the Worcester-Gloucester match on Tuesday and now Bristol versus London Irish is off. Shocking spear tackle by Paul Emerick on Olly Barkley | RugbyDump – Rugby News & Videos RugbyDump Home RugbyDump Academy Store About Contact Legal Privacy Policy Cookie Policy Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features RugbyDump Home RugbyDump Academy Store About Contact Sitemap Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features Legal Privacy Policy Cookie Policy Sign In Username or Email Password Stay logged in Forgot password Thank you for registering Click here to login Register Register now for RugbyDump commenting & enewsletter. * Required fields. Username * Password * Email * Password Repeat * Please send me news, information and special offers from RugbyDump By clicking register you agree to our Privacy Policylast_img read more

Grantsnet launches online grant database

first_img Advertisement Tagged with: Digital  124 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 Howard Lake | 24 November 2003 | News GrantsNet Ltd has launched a free searchable online directory of grants available to charities and for-profit businesses.The directory helps you locate grants relevant to your needs with a simple four-step process that lets you define the type of your organisation (non-profit or for-profit), its geographical location, the beneficiary area, and the type of activity requiring funding e.g. arts, buildings, research, or technology.GrantsNet Ltd. was established in June 2003 and its services are primarily Internet-based.GrantsNet claims to differ from the other online funding information sites because it offers its information at no charge.Director John McLoughlin said: “What we are doing is streamlining the whole process – from the recognition of a need for grant support for an enterprising project, to acquiring the necessary funds. All too often scarce resources are invested in searching for a suitable funding scheme, GrantsNet now addresses this.”In addition to the search facility, you can submit your own grant schemes to the site, and subscribe to a free grant alert e-mail service.How does the site generate income? Currently it features some affiliate programme banner ads from the likes of Google.com, plus some promotions for companies selling pin-badges, Web design services and utility bill comparisons. The latter sit oddly on an otherwise crisply designed and focused site. Grantsnet launches online grant database  123 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Sorghum May be Best Shot at Biofuel Production in Southern US

first_imgHome Energy Sorghum May be Best Shot at Biofuel Production in Southern US Previous article50th Farm Science Review BeginsNext articlePatience and Caution Urged During Farm Safety Week Andy Eubank SHARE SHARE Sorghum May be Best Shot at Biofuel Production in Southern US Facebook Twitter By Andy Eubank – Sep 17, 2012 Facebook Twitter Scientists with the U.S. Department of Agriculture’s Agricultural Research Service have found sorghum to be an ideal candidate as a bioenergy crop because of its drought tolerance, adaptability to diverse growing conditions, low nitrogen fertilizer requirements and high biomass content. Sorghum is a top candidate for production in the southeastern region of the U.S. because it can extend the biofuel production and use the same equipment. Sorghum producers soluble sugar that can be converted into biofuel – and the leftover residual fibers can be burned to generate electricity. ARS researchers are conducting studies in response to a government mandate for the production of up to 36-billion gallons of biofuel by 2022. While 15-billion gallons will come from grain ethanol – 21-billion will have to come from other feedstocks – such as sorghum.Source: NAFB News Servicelast_img read more

Myanmar’s junta used to lock journalists in dogs’ cages

first_imgA year earlier, Nyi Nyi Tun, editor of the Kantarawaddy News Journal, received a 13-year prison sentence during which he was severely tortured. He was found guilty under article 505 of the criminal code which penalizes the dissemination of false information designed to disrupt public order.    During his 7,000-day imprisonment he was literally treated like a dog in the true sense of the term: he was held in a cage normally used in kennels. He had no bedding, was deprived of food and sleep and denied medical care. For most of the time, he was held in solitary confinement. Many journalists who also worked under the pre-2011 junta fear a return to the Kafka-esque practices of the past. At that time, all news stories had to be sent to the Press Scrutiny Board at least a week in advance, which meant the news was entirely out of date by the time it was approved.  Self-censorship RSF asks Germany to let Myanmar journalist Mratt Kyaw Thu apply for asylum RSF_en Organisation The junta decided to cancel the licences of five media outlets on 8 March and revived a pre-2011 practice: all the country’s privately-owned press organs were subjected to pre-publication censorship. Those that dared to publish a news item that had not been approved by the Press Scrutiny Board could be closed down immediately Tortured and ill-treated May 31, 2021 Find out more News Win Tin lost most of his teeth as a result of many torture sessions. He also lost a testicle in a botched hernia operation. He suffered two heart attacks while in prison. Access by the Red Cross to his cell was routinely refused. Today, most of the arrested journalists are held in the same prison.  The noted journalist Win Tin spent his life campaigning for democracy and press freedom in Myanmar and paid a high price for it: 19 years behind bars. He was accused of being a communist and was imprisoned in 1989 in the notorious Insein prison in the suburbs of the main city, Yangon.  As the crackdown increases in Myanmar, Reporters Without Borders (RSF) voices concern at the possibility that the new military dictatorship will resort to the terrible methods of persecution that were used against media and journalists by the junta that ruled from 1967 to 2011. News Record number of imprisonments This photo taken on 6 March, 2021 shows soldiers in a military truck, amid the night-time arrests of anti-coup activists and journalists, in Yangon (photo: AFP).In 1995, a memorandum was published defining what were considered “sensitive” topics. However, the concepts used in the document were entirely Kafka-esque. For example, “anything detrimental to the ideology of the state”, “anything which might be harmful to national unity”, “any idea or opinion which do not accord with the times”, “any descriptions which, though factually correct, are unsuitable because of the time or circumstances of their writing”. Anyone who failed to follow these rules could face seven years’ imprisonment. Supporters gather around the coffin of journalist Win Tin during his funeral ceremony in Yangon on 23 April, 2014 (photo: Ye AungThu / AFP).“Let us remember that, under Myanmar’s previous ruling junta, journalists were locked up in dogs’ cages,” said Daniel Bastard, the head of RSF’s Asia-Pacific desk. “Since the February coup, Burmese generals have shown all the signs of a return to the squalid methods they used to persecute journalists and media organisations for almost half a century, between 1967 and 2011. “The international community must be aware of the seriousness of the state of affairs the Burmese military is in the process of imposing and must take practical steps to prevent a revival of the Orwellian regime of the past. History cannot, and must not, repeat itself.”  “On Monday we sent the changed version with last minute additions, and they sent it back in the evening. It finally appeared on the following Wednesday.” MyanmarAsia – Pacific Protecting journalistsMedia independence ImprisonedExiled mediaPredatorsJudicial harassment Follow the news on Myanmar May 26, 2021 Find out more News March 15, 2021 Myanmar’s junta used to lock journalists in dogs’ cages to go further In 2012, the editor of the daily 7 Day News, Nyein Nyein Naing, told RSF: “We used to send our articles to the bureau on Thursday, we would get them back on Saturday, and we would make the required changes the same day. Draconian laws Media outlets shut down Draft legislation on cyber security being prepared by the current junta, of which RSF obtained a leaked copy last month, is an ominous reminder of that memorandum. For example, it provides for the “interception, withdrawal, destruction or (account) closure” of any content on the Internet that may “cause hatred, or disrupt unity, stability and peace”. The text is version 2.0 of the 1962 Printers and Publishers Law. Help by sharing this information Thai premier, UN rapporteurs asked to prevent journalists being returned to Myanmar The rules prevented news organisations from tackling issues that were the least bit sensitive given the costs of making changes and reprinting newspapers and magazines. May 12, 2021 Find out more A demonstrator shouts from inside a prison van after being detained by Myanmar police during an anti-war protest in Yangon on May 12, 2018 (photo: Sai Aung Main / AFP). Receive email alerts A view of the infamous Insein prison, in Yangon (photo: Sai Aung Main / AFP).  Police gesture toward protesters as security forces crack down on demonstrations against the military coup in Yangon on 28 February, 2021 (photo: Sai Aung Main / AFP).“I’ve already spoken with some junior journalists, who asked ‘what are we gonna do in the coming days?  What kind of news are we writing under the military junta?’,” independent reporter Mratt Kyaw Thu told RSF. “So I told them ‘if you want to write the news, under the military, you have to be very careful. If you touch on politics, you can be arrested at any moment’.” Eleven years later, in 2021, the same article was invoked by the current ruling junta to keep a dozen journalists arrested since 28 February in custody, most of them in Insein prison. According to RSF figures, at least 20 journalists were held in Insein prison at the time the previous junta was dissolved in February 2011. The correctional centre, built by the British, had become a symbol of repression by the military which used it for physical and psychological torture.   News US journalist held in Yangon prison notorious for torture Against this background, self-censorship was the rule. It covered all topics, even the most neutral or trivial “bad news” stories such as natural disasters or the defeat of the national soccer team. This was based on the 1962 Printers and Publishers Law which allowed the Press Scrutiny Board to amend, ban or destroy any content to which it took exception. MyanmarAsia – Pacific Protecting journalistsMedia independence ImprisonedExiled mediaPredatorsJudicial harassment When the former junta was dissolved in 2011, Myanmar was ranked 169th of 179 countries in the World Press Freedom Index compiled by RSF. In 2020 however, it lies in 139th place of 180 countries. The government faces the strong possibility that it will fall back into limbo in the Index if the generals in charge continue their headlong rush into repression. Sentences were severe. In 2010, the blogger-monk Oakkan Tha was sentenced to 15 years’ imprisonment for “anti-electoral activities” when all he did was send information about the election taking place to the Thailand-based Burmese outlet Mon News Agency.   last_img read more

PG&E Fire Victim Trust Sues PG&E Executives and Officers for Causing Devastating Northern California…

first_img Pinterest Pinterest The Camp Fire was the result of defendants’ failure to ensure that aging equipment was detected and replaced as part of PG&E’s transmission inspection program. Specifically, a “C -hook” mounted on a transmission tower that was more than 100 years old failed which ignited a fire. The Fire Victim Trust seeks monetary damages, and injunctive or declaratory relief necessary to reform PG&E’s corporate governance. In addition to Cotchett, Pitre & McCarthy, LLP, the FVT is represented in this matter by co-counsel Bottini & Bottini, Inc.; Walkup, Melodia, Kelly & Schoenberger; Dreyer, Babich, Bucchola, Wood, Campora LLP; and Corey, Luzaich, De Ghetaldi & Riddle LLP. About the Fire Victim Trust Under the direction of the Trustee, the Honorable John K. Trotter (Ret.) and the Claims Administrator Cathy Yanni, the Fire Victim Trust provides an efficient and equitable process to compensate Fire Victims for both economic and non-economic damages caused by these fires, including destruction or damage to real estate and personal property, additional living expenses, lost wages, business losses, emotional distress, personal injury and death. For more information, visit FireVictimTrust.com View source version on businesswire.com:https://www.businesswire.com/news/home/20210224005907/en/ CONTACT: Nick Gaffney Zumado Public Relations [email protected] 415.732.7801 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES SOURCE: Fire Victim Trust Copyright Business Wire 2021. PUB: 02/24/2021 01:27 PM/DISC: 02/24/2021 01:27 PM http://www.businesswire.com/news/home/20210224005907/en WhatsApp Twitter Facebook Facebook Local NewsBusiness TAGS  PG&E Fire Victim Trust Sues PG&E Executives and Officers for Causing Devastating Northern California Wildfires SAN FRANCISCO–(BUSINESS WIRE)–Feb 24, 2021– The Fire Victim Trust (FVT) announced today that it has filed a lawsuit in San Francisco Superior Court against certain former officers and directors of PG&E Corporation and Pacific Gas and Electric Company (PG&E) for their role in causing the catastrophic 2017 North Bay Fires and the 2018 Camp Fire. The Fire Victim Trust retained the right to bring suit as part of the 2020 settlement between the fire victims and PG&E. The lawsuit, John Trotter, Trustee of the PG&E Fire Victim Trust v. Lewis Chew, et al., San Francisco Superior Case No. CGC-18-572326, alleges that the wildfires were a direct result of the defendants’ breach of their fiduciary duties to act in the best interests of PG&E. The North Bay Fires and Camp Fire killed over 100 people, injured many more, and damaged or destroyed tens of thousands of homes. “It is our duty to hold accountable the prior officers and directors who grossly neglected to do their jobs in the lead-up to the North Bay Fires and the Camp Fire. These individuals had the responsibility to customers, employees, shareholders, and the public to ensure that safety was one of PG&E’s highest priorities. They had the power to do so. Yet they failed, at enormous financial cost to the company and indescribable cost to entire Northern California communities,” said Hon. Justice John K. Trotter (ret.), Trustee of the FVT. “In my role as the individual appointed by the court to oversee the compensation of Fire Victims, I have a legal and ethical obligation to ensure they receive every dollar they are entitled to,” said Justice Trotter. Frank Pitre, of Cotchett, Pitre & McCarthy, LLP, who is serving as co-lead counsel for the FVT said: “Tens of thousands of people have needlessly suffered because PG&E’s former officers and directors failed to adopt robust policies and procedures for vegetation management or provide oversight of PG&E’s aging transmission tower infrastructure. Until now they have not been called to account for their conduct that resulted in tremendous harm to the fire victims.” The Complaint alleges the following circumstances leading to the 2017 North Bay Fires and the 2018 Camp Fire:At the time of the North Bay Fires, the defendants had not installed and implemented a power shutoff system as was used by other utilities. This system was needed because, after years of PG&E failing to maintain a vegetation management program, in windy weather trees were making contact with the distribution lines and causing fires. By 2017, PG&E was six years behind on its vegetation management program, and the only way to prevent fires was to shut the power off. In addition to lacking such a system and not keeping vegetation properly trimmed and maintained, defendants also failed to take other measures to prevent wildfire risks. Twitter By Digital AIM Web Support – April 6, 2021 WhatsApp Previous article PhaseBio Pharmaceuticals to Host Virtual Investor and Analyst Day on March 15, 2021Next articleL&T Technology Services Selected by Airbus for Skywise Partner Programme Digital AIM Web Supportlast_img read more

Signs Indicate More Wage Growth is Coming, But It Can Still Be Tough to Accurately Predict

first_img Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Signs Indicate More Wage Growth is Coming, But It Can Still Be Tough to Accurately Predict The Best Markets For Residential Property Investors 2 days ago Subscribe While recent signs indicate that wage growth may be on the rise, many factors can make trends in wage growth difficult to predict, according to a recent report from the Federal Reserve Bank of Cleveland.Cleveland Fed VP and economist Edward S. Knotek II noted in the report the importance of wage growth to the economy, since household income drives consumer spending, which in turn drives the bulk of economic activity. But while the unemployment rate has fallen steadily in the last five years (from 9.8 percent in January 2010 to 5.5. percent in March 2015), wage growth has remained steady during that period, at an annual rate of about 2 percent.However, the 5.5 percent unemployment rate, which is consistent with many analysts’ and policymakers’ assessment of relatively normal economic conditions, and there have been greater increases among wage growth in the Bureau of Labor Statistics’ Employment Cost Index (2.8 percent year-over-year growth in private industry compensation from January 2010 to March 2015). These factors, combined with the announcement from many businesses, including notable retail chains, that say they intend to raise wages indicate that greater wage growth is on the horizon.Knotek states in his report that despite recent signs pointing to an imminent increase in worker compensation, factors such as slack in the labor market, bargaining power, worker productivity, inflation, and many other variables and factors, make wage growth impossible to accurately forecast.Three models were used in the Cleveland Fed report to make the point that wage growth can be impossible to accurately predict for the Employment Cost Index (ECI, which is a measure of wages, salaries, and benefits): first, a Bayesian vector autoregression (BVAR), which includes ECI growth, unemployment rate, productivity, inflation, and other macroeconomic data; second, information from businesses to forecast growth in the ECI; and third, a “random walk” model, which is a simple model that assumes future year-over-year ECI growth will equal its most recently observed value.Using the BVAR, the possibility exists that a declining unemployment rate could put upward pressure on wage growth, but wage growth could also be influenced by other factors such as productivity and inflation, according to Knotek. Using data through the end of 2014, Knotek’s wage growth forecast using the BVAR showed an increase of about 3 percent in ECI by the end of 2017.In the second model, Knotek used the survey results from the National Federation of Independent Business monthly survey which reports the net percentages of small business responding in the survey who said they plan to increase worker compensation in the next three months or who have increased it over the previous three months. The forecast using this model accurately predicted the annual growth rate of 2.8 percent for Q1 2015, but showed that ECI growth would taper off toward the end of 2017 down to about a 2.5 percent annual growth rate.Knoteck found the random walk model to be the most reliable of the three models to forecast wage growth.”By construction, the random walk forecast calls for ECI growth to be steady at a little under 2 and a half percent for the next three years,” Knotek said. “Of course, if I were to redo the forecasts using the most recent ECI reading of 2.8 percent, the random walk model would now call for that rate of ECI growth to persist going forward.” About Author: Brian Honea in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Federal Reserve Bank of Cleveland Labor Market U.S. Economy Wage Growth 2015-05-11 Brian Honea Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days agocenter_img Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Auction.com Welcomes New VP of Engineering Next: Judge Finds Nomura Liable For Selling Toxic Mortgage-Backed Securities To GSEs Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Signs Indicate More Wage Growth is Coming, But It Can Still Be Tough to Accurately Predict Tagged with: Federal Reserve Bank of Cleveland Labor Market U.S. Economy Wage Growth Share Save  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago May 11, 2015 1,151 Views Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more