Without clear guidance, child care providers make tough choices on whether to close or stay openShare this story: Coronavirus | Education | Southcentral | SouthwestDistance-learning lesson plans take shape as Alaska’s students settle in for coronavirus closureMarch 24, 2020 by Mayowa Aina, Alaska Public Media Share:Jennifer Knutson, the senior director of teaching and learning for the Anchorage School District, shows some textbooks and a district-issue Chromebook that students have access to on March 13. She says that there will need to be a combination of traditional and e-learning opportunities for students during school closure. (Photo by Mayowa Aina/Alaska Public Media)There’s a lot of uncertainty surrounding education right now. Schools statewide are closed until at least May 1, but that doesn’t mean instruction has ended.State Deputy Education Commissioner Karen Melin said she understands how uncomfortable that feeling of uncertainty is for families looking for answers.“Information is changing rapidly, and new information is coming out hour by hour,” Melin said in an email. “What may have been the situation on Friday is no longer how things are today. The same may be true for tomorrow.”Melin said the state is working closely with partners across Alaska to keep the public informed.Districts maintain that they will continue to provide a curriculum to students. And now, what that curriculum will look like is starting to take shape.Melin said each of Alaska’s 54 school districts will handle remote education differently.For example, St. Mary’s City School District near Bethel, with a total enrollment of 200 students, can use more of an in-person approach.“That might be that, when they come to get their their meals, they’re handed their daily packet of work,” Melin said. Then they might turn in their work in exchange for a new homework packet the next day.“That’s not a long term solution, but it’s one that the district has figured out as a way to continue a student’s learning in a disruptive time,” Melin said.Other districts like the Anchorage School District, which serves over 40,000 students, are more equipped to offer e-learning opportunities.ASD already has an online learning program that some high school students and middle school students use to take classes not offered at their school. Some home school programs or other alternative programs use online classes too.But Jennifer Knutson, ASD’s senior director for teaching and learning, said there isn’t much data on how online learning works at the elementary level.Most of the online classes right now are geared toward older students and are self-paced. She said there would need to be more supervision for elementary students.“We still want to have the human connection with all this,” Knutson said. “So one of the components we’re going to emphasize is on a regular basis having personal contact through phone calls to just check in and see how things are going.”After conducting a needs assessment with families, ASD reported 4% of families had no internet in the home, and 5% of families had no devices at home.Recently, in a letter to families, ASD Superintendent Deena Bishop stated that the district is on track to begin offering remote learning options for all grade levels on March 31.For elementary students, ASD plans to offer live online tutoring opportunities, particularly for English language arts and math, as well as pencil-and-paper support materials that families can pick up.Middle school teachers will use a combination of offline activities and online coursework.And high school students can expect the first online courses to be the ones needed for graduation.The district said it is planning to offer extended time in the summer for anyone missing necessary credits to graduate.The Anchorage School District has about 22,000 devices like Chromebook laptops and tablets that it can loan to students during closure, but that’s not enough for every student to have one. Teachers will also rely on traditional pen and paper materials to continue to teach students. (Photo by Mayowa Aina/Alaska Public Media)There is a lot of focus on the curriculum right now, but seventh grade science teacher Ben Walker in Anchorage said his main concern has been ensuring his students have everything they need physically and mentally.Families are mostly positive, he said. But his students are a little anxious. This is the first time they’re living through a worldwide event on this scale.“They want to see their friends. They want to know and make sure their friends are OK,” he said. “Hopefully, as time rolls on, there’s a lot more connections that we can make between kids, because that’s really a big piece that that they miss: that socialization part of coming together every day.”Being out of class has been hard for him too. But Walker said if there’s any silver lining to this crisis, it’s that the education community is being challenged to think in new and creative ways.He hopes to introduce students to activities that don’t require sitting in front of a screen, but he’s also looking forward to using new tools.“I’m definitely excited,” Walker said. He said there are techniques that he’s always wanted to try, and now he is almost forced to do so. “I think you know, everyone will come out of this with this kind of an improved practice in this in this online space.”ASD has listed several educational resources and activities for families to do on its website while official instruction gets up and running next week.The state’s Department of Education and Early Development has also launched a website dedicated to remote learning resources.
By Alex Lennane 25/11/2015 The livery is dry, the headquarters open and Cargologicair (CLA), the new UK offshoot of AirBridgeCargo, is almost set to start operating. But it still needs its AOC.While the Volga-Dnepr group had remained virtually silent on the new airline – declining requests for information – sources expected it to be flying by mid-November.But now, management and crew are in place and its first aircraft, a 747-400F, is out of the paint shop and undergoing test and training flights in the northern part of the UK since being registered.The aircraft, originally leased to AirBridgeCargo (ABC) from Aircastle, was transferred to CLA and delivered to London Stansted at the start of the month. CLA has conducted test flights to Durham and Prestwick and the freighter is thought now to be waiting at Stansted for the CAA to give the airline an AOC. According to Companies House filings, the airline plans to provide air freight transport, as well as renting and leasing air freight transport equipment. CLA is expected to start operations with routes into Africa, taking advantage of traffic rights that ABC does not have under its Russian AOC.ABC itself has just had two more 747-8Fs delivered on lease from Boeing Capital Corp and has expressed interest in a further 18 aircraft before 2022 – and it seems likely that CLA will take on more. ABC said it had the capacity to take up to three aircraft a year, and has had four delivered this year, so far.ABC plans to interline with the new carrier.“Cargologicair will present ABC with a significant opportunity to extend our network beyond what we can do alone,” Denis Ilin, ABC’s executive president, told The Loadstar in September.Sources have said that a UK AOC also mitigates against the Volga-Dnepr Group’s exposure to Russia, which is currently suffering from a devalued currency, poor economy and sanctions. V-D Group carried some 60% of all Russian air cargo between January and September this year, according to recent data.Meanwhile, at the eastern end of Volga-Dnepr territory, Zhejiang Loong Air, a Hangzhou-based cargo and passenger carrier, is looking to compete. Currently also awaiting approval, the carrier has filed an application to launch an all-cargo service between Zhengzhou, the Chinese home of Cargolux, and Vladivostock in eastern Russia.The filing notes that it plans to start the route on January 11, using a 737-300F. China’s Civil Aviation Authority is asking for public comments before December 2, according to Chinese media.
GAA 14-man Portarlington and Graigue to meet again after thrilling draw GAA Here are all of Wednesday’s Laois GAA results TAGSGraiguecullenGraiguecullen v PortarlingtonLaois SFCPortarlington WhatsApp Graiguecullen played with an extra man for 25 minutes but they landed 10 wides in comparison to Portarlington’s four and that kept the 14 men alive.They trailed by two points as the game headed for the final stages but two Jake Foster frees had us level when Portarlington were awarded another in the final minute.It seemed a soft foul on Paddy O’Sullivan but the Portarlington players were then incensed when linesman Vinny Dowling intervened to move the free further out towards the stand.Foster attempted to convert it but his effort dropped short and the sides will have to meet again.Portarlington dominated the majority of the first half on the scoreboard as Graiguecullen’s shooting let them down – firing seven wides in comparison to Portarlington’s two.Portarlington led by five points at one stage but a crazy finish to the half saw the sides head for the dressing rooms level.The sides traded points for the first seven minutes with Colm Murphy and Colin Slevin seeing efforts for Portarlington cancelled out by Brian Byrne and Jamie Parr.But then Portarlington struck for a goal when captain Jason Moore rampaged through the centre of the Graigue defence and placed a shot into the bottom corner.After that, the teams traded points with Stephen O’Neill and Colm Murphy seeing Port efforts answered by Danny Bolger and Danny Alsybury.A row on the sideline between managers Martin Murphy and Kevin Doogue saw both sent to the stands and that seemed to ignite the game as Port kicked the next two scores via Jake Foster and Murphy to go 1-6 to 0-4 ahead.Jamie Parr responded with a free and then as we headed for injury time, Port gave away a really soft goal.Port had a free on their own full back line and Alex Mohan tried to play it to Dean Foster but he waited on the ball where Ambrose Doran nicked in in front of him to rattle the net.Parr then landed his third free of the half and the sides headed for the break at 1-6 apiece.Graigue continued where they left off on the resumption of play as Jamie Parr gave them the lead for the first time – but it would only last a minute.Port went down the other end where Jason Moore turned provider to set up Colm Murphy who rounded Danny Bolger and tapped the ball into the net.But the pendulem would dramatically swing back Graigue’s way by the 35th minute. Danny Alsybury released Ross Hennessy to smash Graigue back ahead with the game’s fourth goal before Port were reduced to 14 men.Having picked up a yellow card in the first half, Ronan Coffey was shown a black and then a red following a trip on Mark Timmons.But Graigue then missed two very kickable frees and Port levelled matters after 40 minutes through Colm Murphy.Graigue keeper Danny Bolger put them back ahead with a monster score from 50 metres and then Ambrode Doran scored from the wing to put them 2-9 to 2-7 ahead as we entered the final quarter.Graigue kicked another wide though and Port were level after 52 minutes when Colm Murphy was fouled and Jake Foster converted the free.Ambrose Doran put Graigue back ahead again following a great score on the run but Jake Foster levelled it again after Paddy O’Sullivan was dragged down by Aaron Forbes.The Graigue man began walking towards the stand thinking he was going to be black carded but referee Tarpey decided not to book him and moments later, he was fouled where Danny Bolger gave Graigue the lead once again.Three minutes of injury time were signalled and in the first of them, Colm Murphy was fouled and Foster held his nerve to convert.Foster had that late chance but it wasn’t to be as the sides will have to replay.SCORERS – Portarlington: Colm Murphy 1-3 (0-1 free), Jake Foster 0-4 (three frees), Jason Moore 1-1, Colin Slevin 0-1, Sean Byrne 0-1, Stephen O’Neill 0-1. Graiguecullen: Ambrose Doran 1-2, Jamie Parr 0-4 (four frees), Ross Hennessy 1-0, Danny Bolger 0-3 (all frees), Brian Byrne 0-1, Danny Alsybury 0-1PORTARLINGTON: Scott Osbourne; Keith Bracken, Dean Foster, Alex Mohan; Adam Ryan, Jason Moore, Paddy O’Sullivan; Sean Byrne, Robbie Piggott; Stephen O’Neill, Colm Murphy, Ronan Coffey; Jake Foster, David Murphy, Colin Slevin. Subs: Daragh Galvin for O’Neill (ht), Eoin McCann for D Foster (38), Johnny Fulham for Slevin (46)GRAIGUECULLEN: Danny Bolger; Shane Alyward, Mark Timmons, Martin Doyle; Luke Alsybury, Trevor Collins, Chris Hurley; Jamie Sheehan, Ross Alcock; Danny Alsybury, Brian Byrne, Jamie Parr; Ross Hennessy, Aaron Forbes, Ambrose Doran. Subs: Michael Hande for D Alsybury (43), Ian Fleming for Parr (49), Danny Doogue for Doran (58, inj), Eoin Alsybury for Alyward (61)Referee: Michael Tarpey (Kilcavan)SEE ALSO – Check out all the Laois SFC coverage here Pinterest GAA Twitter Home Gaelic Football Club Football 14-man Portarlington and Graigue to meet again after thrilling draw Gaelic FootballClub FootballGAAPortarlington GAASport RELATED ARTICLESMORE FROM AUTHOR Previous articleThe Week that Was: The top 10 stories of the past seven daysNext articleLIVE BLOG: Follow all the action from the remaining two Laois SFC Quarter Finals Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Facebook WhatsApp Facebook Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Brought to you in association with Telfords Portarlington 2-11 Graiguecullen 2-11Laois Shopping Centre SFC Quarter FinalGraiguecullen and Portarlington will have to meet once again after a crazy game ended in draw in O’Moore Park.We had a red card, two managers sent off, a host of wides and a last minute missed free as the game ended level after 65 minutes. By Alan Hartnett – 15th September 2019 Twitter 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Pinterest
First phase of CRM 2 takes effect July 15 Implementing CRM 2: Practical tips for advisors The biggest challenge for firms is expected to be the new reports that they will have to start producing – such as the new annual cost reports and new performance reporting. In consultations that the regulators undertook in developing these rules, the industry warned that these new reports will be costly to produce, and that some of the disclosure they are intended to deliver could prove confusing to clients. The CSA is acknowledging these concerns by allowing for, what it calls “unusually long” transition periods, of up to three years in some areas, in order to give the industry time to build the systems that will be needed to provide the required disclosure. These prolonged transition periods are also intended to give the industry time to ease any confusion that clients may experience — a chore that will largely fall on advisors, who could be called on, not only to justify their trailer commissions, but also to explain new performance reporting measures. For example, firms that are currently reporting time-weighted rates of return to clients will now have to switch to reporting money-weighted returns (or report returns under both methodologies). The CSA acknowledges that this may cause some client confusion, but it points to the transition period as a measure designed to give the industry plenty of time to explain the change. And if this process pushes firms and advisors into conservations with their clients about the returns they report, and the cost of achieving them, then ultimately the CRM reforms will have served their purpose. The initial CRM reforms, which were finalized in 2009, addressed “relationship disclosure”, and managing conflicts of interest, among other things. It’s too early to say whether those reforms have made much of a difference. The Investment Industry Regulatory Organization of Canada (IIROC) only finalized its version of the first phase of the rules in March of last year, and they are still in the process of being implemented. The Mutual Fund Dealers Association of Canada (MFDA) was a bit faster off the mark, adopting its reforms in 2010 — which means that it has had some time to assess the impact of those initial changes. Earlier this year, the MFDA issued a bulletin detailing the results of its reviews of firms’ upfront disclosure in the wake of its CRM reforms. Although the MFDA found that “generally” firms are delivering disclosure that meets its requirements, there are also certain areas in which it found deficiencies. In particular, the bulletin indicates that its compliance sweep turned up weaknesses in firms’ disclosure about proprietary products, suitability, and compensation. For example, it notes that it uncovered a few cases of firms not being clear enough in telling clients that they only sell proprietary products; or not adequately distinguishing between proprietary and third-party products. It also uncovered weaknesses in compensation disclosure: in some cases, firms failed to reveal much more than the fact that there are costs associated with investing. Dealers should be spelling out the types of compensation that they may receive, the MFDA suggests, along with disclosure of referral fees, and other sorts of compensation they may receive, in addition to the usual sales commissions and trailer fees. In general though, the MFDA is satisfied that firms are meeting the new requirements. “Overall the disclosures met the requirements, and there was no one area that I could point to as a common problem,” says Karen McGuinness, vice president compliance at the MFDA. “In some instances, we did find that either the disclosure was too general — for example in the compensation area — or way too specific,” she notes. But, she says there were only a few firms where it required revisions. This is the second article in a three-part series on the Client Relationship Model. On Thursday: What’s at stake as CRM reforms are implemented? CRM 2: Breaking down the new regulations Keywords Client relationship modelCompanies Canadian Securities Administrators With any fundamental regulatory reform, finalizing the rules is only half the battle. Actually implementing them on the front lines is a critical challenge too; and the client relationship model (CRM) reforms are no different. Phase two of the Canadian Securities Administrators’ (CSA) CRM rules is due to take effect later this year, but the required reforms will be implemented over the next three years. These changes focus on cost and performance reporting disclosure. James Langton CRM 2: Competing products, different rules? Facebook LinkedIn Twitter CRM 2 reforms now in effect Related news Share this article and your comments with peers on social media
niroworld/123RF Keywords Investor protectionCompanies Financial Industry Regulatory Authority, Securities and Exchange Commission Retail trading surge on regulators’ radar, Vingoe says NASAA approves model act for establishing restitution funds For instance, the data may be stale, and therefore less useful, or it could include social media posts that have a hidden agenda, such as manipulating stock prices.Additionally, the alert warns that the data could prompt investors to make impulsive decisions, “which can be a risky way to approach investing.”Among other things, the regulators warn investors not to rely solely on social sentiment tools.The alert also recommends that investors consider disclosures and disclaimers that accompany social media data, that they know their time horizon, and that they track the performance of their investment decisions that use these tools to assess their predictive value. OSC finalizes DSC ban Related news Share this article and your comments with peers on social media U.S. regulators are warning investors about the risks of using social sentiment investing tools, which collect data on social media and news traffic, to guide their investing decisions.In an alert, the U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy and the Financial Industry Regulatory Authority (FINRA) note that while some investors may find value in these tools, they should also be aware of the risks, including that they may provide information that is “inaccurate, incomplete or misleading.” James Langton Facebook LinkedIn Twitter
Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Email HELENA – A budget deal between Gov. Brian Schweitzer and Republican legislative leaders cleared a key hurdle Tuesday, while a small pay raise for state workers was again shot down and a plan to build $100 million worth of construction projects around the state limped toward a final vote.The House endorsed the main budget deal in a test of House Speaker Mike Milburn’s ability to rally his 68-32 Republican supermajority, as Democrats stung by earlier votes refused to support the plan. Legislative Democrats didn’t have a seat at the table during negotiations between Schweitzer, Milburn and Senate President Jim Peterson.Many fiscal conservatives were not pleased with a compromise they believe spends too much, so Republican leaders were under pressure to ratify the budget compromise.The amendments Schweitzer put onto House Bill 2, the main budget bill, as a result of the negotiations shows it spends about $93 million less in state tax money than he originally proposed in December. It increases spending of state tax revenue, usually the money lawmakers are most concerned with, by about $35 million from the budget Republicans gave him two weeks ago.Republican leaders told members of their caucus that estimates show the budget deal cuts spending of that “general fund” money by more than 6 percent, compared to the current two-year budget period that ends in June.But the budget deal fully restores about $100 million in federal money for programs largely aimed at the needy that Republicans tried to cut — prompting some in the GOP to oppose the compromise.Rep. Walt McNutt, of Sydney, told Republican colleagues that rejecting it only gives Schweitzer more power since it would likely lead to a special session at his call. Lawmakers have four working days left before the 90 days constitutionally granted to them run out.“I believe this is the best it is going to get,” said McNutt, a veteran of many legislative sessions. “It will not get better if we want to prolong this. I guarantee you that you will spend more money, and I don’t think you want to do that.”Attention turns to the Senate, which is scheduled to take up the matter after a final House vote Wednesday morning. The upper chamber faces the same issue, where it was unclear if enough fiscal conservatives will support it in the absence of Democrat support.Democrats, some Republicans and business interests were dealt a setback Tuesday when the House only offered modest support for their proposal that the state borrow $100 million to build projects around the state, mostly college buildings and a new state history museum in Helena.The House’s 57-42 vote fell short of the two-thirds required in a final vote to borrow the money, but supporters were rallying in hopes of securing 67 more before the final vote. Republicans hold a 68-32 supermajority in the chamber, so the plan needs widespread support from the GOP if it is to succeed.Strong support has come from builders and contractors around the state, a traditional GOP ally.“Our contractors are craving for work out there. This is as soft as they have seen in this state in decades,” McNutt said in floor debate. “This is going to have returns for this state for many years — many, many years.”Republican opponents argued the state should not take on debt that would be paid back over 20 years at an interest rate expected to be a little over 4 percent.“As much as I would like a job, I wouldn’t want it at my neighbor’s expense 20 years down the line,” said Rep. Bob Wagner, R-Harrison. “Credit is what has got us into this mess that we are currently in on a nationwide basis, and it only gets worse when the states buy into this credit.”The House also flatly rejected a small pay increase for state employees, which would have increased pay 1 percent next year and 3 percent the year after. Supporters argued state employees who have faced a pay freeze for several years deserve a small increase that won’t be enough to make up for the rising cost of their health insurance premiums.Opponents said any pay raise is too much in a troubled economy that has left many in the private sector without a job.“Let’s talk about the people who have to pay for this,” said Rep. Derek Skees, R-Whitefish. “Don’t additionally strap those folks back home who have to pay for this.”
Loren Acton is part of an exclusive fraternity who have boarded a space shuttle and felt the rattle and roll and pull toward the outer limits of our atmosphere. And then went right through it. And for now membership to that fraternity is closed. When the Atlantis lands this week, NASA’s three-decade old shuttle program will come to an end. In that time there have been 135 missions with 358 astronauts, including Acton, a Montana native and research professor at Montana State University. Acton, 75, was raised in Lewistown and ever since he was a kid had an interest in science. In 1959 he graduated from MSU with a degree in engineering physics and in 1965 he earned a doctorate from the University of Colorado. During that time America’s space program was just getting underway and Acton said the public excitement was palpable. Soon after college he began working for a space technology company based in California. It was there he got the opportunity to fly. During the shuttle program’s early stages, NASA was looking for scientists who would work on experiments in space. At the time Acton was working on a device that could take images of the sun without being obscured by the earth’s atmosphere. In 1978 he was chosen to go up in the shuttle, upon passing a physical. Although there were delays, by 1984 Acton was training full time with his crew and on July 29, 1985 they launched from the Kennedy Space Center in Florida for an eight-day mission. Twenty-six years later the memories of the life-changing trip are still vivid. “You get on, light the fuse and away you go,” Acton said in an interview last week. “It’s a job, but there is an element of excitement and wonder … It was work, and I definitely overdosed on the work, but it’s amazing to be a human and take part in (space flight).” Acton said the mission had its challenges, but the crew completed everything it had planned thanks to the relentless work schedule while in space. Acton said they usually worked 12-hour shifts, sometimes longer. But the overtime was worth it. “It was hard work in a very intense environment,” he said. “(But) one felt a responsibility to do an almost perfect job because a lot of work had gone into getting you up there.” But the ride wasn’t over for Acton when the shuttle returned to earth on Aug. 6. “I never had the experience of people wanting to interview me. They wanted to know what you’ve got to say and for a kid from Montana that’s quite the experience,” he said. Upon his return, Acton continued his research. He said he could have pursued other opportunities space flight had given him but science was “just too much fun to quit.” Even though most people his age have retired, Acton continues to work as a research professor in MSU’s Department of Physics. The presence of an experienced astronaut is an excellent asset for the department, according to Angela Des Jardins, who is director of the Montana Space Grant Consortium. “He’s always willing to come and talk to kids,” Des Jardins said. By connecting with future generations, Acton hopes he can inspire young people to get involved with the space program. With the conclusion of the shuttle program, the United States will no longer send humans into space, something that clearly riles Acton. “We’re in a position where the United States can’t put its own astronauts in space and that’s stupid,” he said, adding that many other astronauts share similar views. “They want to cut funding for NASA. What does that say about America’s commitment to space?” he asked. “We built (the shuttle), used it and didn’t change it for 30 years and that doesn’t make sense.” But Acton said that other countries pushing the limits of human flight will force the United States to get back into the space race. “I believe that we will,” he said. “I’m not so pessimistic to think it’s a lost cause because the United States understands competition.” Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Email
RELATED ARTICLESMORE FROM AUTHOR Bill to ban employers from using tips for workers’ pay By News Highland – June 21, 2019 Arranmore progress and potential flagged as population grows WhatsApp Twitter Facebook Facebook Google+ News, Sport and Obituaries on Monday May 24th To provide for a requirement on employers to clearly display, for the benefit of workers and customers, their policy on how tips, gratuities and service charges are distributed.Once Cabinet approves this approach, the Minister will proceed immediately with the drafting of the necessary legislation.Minister Doherty told Highland Radio News the Sinn Fein bill would have unintended consequences……….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/06/regd5pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Derry draw with Pats: Higgins & Thomson Reaction Pinterest Pinterest Fine Gael’s decision to vote against a Sinn Fein bill aiming to protect hospitality workers rights to tips has been described as shameful.Donegal Senator Padraig MacLochlainn was speaking after his party’s Protection of Employee Tips Bill passed in the Dail.He says, this is a simple but important piece of legislation and marks an important step forward in strengthening workers’ rights.He says Fine Gael’s opposition goes against the democratic will of the Houses of the Oireachtas:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/06/padrvhjhjghjghjghaig1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. FT Report: Derry City 2 St Pats 2 Twitter Previous articleCalls on Government to address spiralling cost of health-insuranceNext articleJoule Donegal Rally – Day One Preview News Highland WhatsApp AudioHomepage BannerNews Meanwhile Minister for Employment Affairs and Social Protection, Regina Doherty TD has confirmed that she is bringing draft Heads of Bill to Cabinet next week which will regulate practices around tips and gratuities.The Heads of Bill going to Cabinet will set out how the Minister intends:To amend the Payment of Wages Act to ensure that tips and gratuities cannot be used to ‘make-up’ or satisfy a person’s contractual wages; and DL Debate – 24/05/21 Important message for people attending LUH’s INR clinic Google+
Glyn Hughes, IATA Cargo chief By Alexander Whiteman 09/12/2016 The International Air Transport Association (IATA) has maintained its 2017 electronic air waybill (eAWB) adoption target, despite missing this year’s by some 10% as largest parts of the freight forwarding industry stubbornly stick to paper.“The eFreight programme is five and a half years old and it has been a real struggle,” said IATA’s global head of cargo Glyn Hughes. “We are transporting the most advanced technologies using paper systems from the middle of last century, something that must be rectified.”The association has resigned itself that this year eAWB uptake will close at around the 46% mark, 10 percentage points adrift of the 56% target it set itself. However, except for a slight dip in March, penetration grew steadily this year, with 1.4% and 2.1% growth in September and October, and penetration currently stands at 44%.“While not as fast as we had hoped, growth this year in eAWB usage has been consistent and regular,” said Mr Hughes. “And we are still predicting 62% uptake by the close of next year.“To achieve this we will be identifying tradelanes with strong uptake and focus on accelerating them.“It’s important to note that whilst the global industry penetration rate is currently at 44% there are many individual carriers and forwarders who have far exceeded this level of penetration and in fact will meet and go beyond the industry target set. It is therefore important to set a target which provides an ambitious incentive for the industry as well as recognising that there are others who are leading by example. If the penetration level finishes the year around 46% then I believe that 62% provides both a challenge yet attainable target for the next year,” he explained.Mr Hughes accepted that the hurdles in achieving full uptake were numerous. He not only pointed to a lack of harmonisation and regulatory restraints – only 65% of tradelanes allow eAWB use – but also to technological limitations with multiple, but often incompatible, messaging systems in use.“One of the primary systems in use is Cargo Imp, which alone has several iterations that are incompatible with one another,” he said.“And then there are other systems that, again, are incompatible with one another. What we are doing is pushing for one system to be used – XML.”When asked by The Loadstar what forwarders that service multiple tradelanes – many of which don’t accept eAWB – should do, Mr Hughes said IATA had specifically developed its Single Process system to tackle this.“For forwarders put off by having to split shipments and know when to do electric and when to do paper, IATA is pushing its Single Process system,” said Mr Hughes.“What happens with this is that the forwarders always send their documentation electronically and the carrier supplies paper bills on necessary lanes.”Mr Hughes also noted that for eTicketing in passenger air travel, there were two parties involved: the airlines and the travel agents.“There was no discussion with the public; they weren’t asked if they wanted to migrate to eTicketing, it was simply forced upon them,” he added. “In freight we do not have that, we have a supply chain comprised of five to six entities plus the regulatory bodies.“And then there is the regulation itself. For passenger air travel, the law said that there ‘must be evidence of a contract between both parties’, whereas in cargo it specified that the contract must be ‘paper’, so we have this more complex regulatory issue of ‘paper’ being stipulated.”
2 Omer Ismail, the head of Goldman’s consumer bank, Marcus, is making a surprise exit to the fintech, according to people with knowledge of the matter. The world’s largest retailer made a splash last month when it disclosed plans to offer financial services with an independent venture in a tie-up with investment firm Ribbit Capital without offering much detail.David Stark, one of Ismail’s top lieutenants at Goldman, will join him in the new venture, the people said, asking not to be identified as the moves haven’t been announced.“Our business has serious momentum and a deep and growing bench of talent,” said Andrew Williams, a Goldman Sachs spokesman. “We wish these two well.” Walmart didn’t immediately respond to calls seeking comment.Walmart’s move — depriving one of Wall Street’s elite firms of the talent atop its own foray into online banking — underscores the seriousness of the retailer’s intent to intertwine itself in the financial lives of its customers. The audacious poaching punctuates years of warnings by bank leaders that their industry faces tough new challengers, after regulators smoothed the way for corporate giants and Silicon Valley to expand into payments and other services.Ismail, in particular, offers rare credentials. He’s credited as one of the key architects behind Goldman’s push into Main Street, seeing through the growth of Marcus into a billion-dollar business in five years. InvestCloud to acquire Advicent and NaviPlan planning software 4 Newsletters House committee poised to advance SECURE 2.0 retirement savings bill The Gates divorce: Lessons for financial advisers 5 Planners boost pro bono efforts amid pandemic 1 The departures are a setback for Goldman, which had just entrusted Ismail and Stark with bigger roles. Ismail formally assumed control of the consumer bank at the start of the year. But he’s been tied to it ever since Goldman’s merchant bank set up the side project several years ago.The investment bank was looking to grow beyond its traditional strengths, and Ismail helped formulate the plan for Marcus — the biggest strategy refresh the firm has seen in three decades. The company ultimately resolved to make itself a serious force in digital banking. 3 Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. For reprint and licensing requests for this article, click here,MOST READ House panel unanimously passes SECURE 2.0 Why Tony Robbins, tax shelters and financial advisers don’t mix Walmart Inc. has lured a pair of senior Goldman Sachs bankers to help lead a new fintech startup as the retail giant muscles into the banking business. Ismail’s predecessor Harit Talwar is still a chairman at Marcus and will probably continue to play a key role with the division after Ismail’s exit. The unit also hired a former Stripe Inc. executive Swati Bhatia as the head of its direct-to-consumer business earlier this month. Stark played a key role in Goldman’s partnership with Apple Inc. on a credit card for which the bank provides the financial backbone. Weeks ago, Goldman named Stark as the head of large partnerships. That’s a key peg for Marcus’s growth, which has already struck deals with Amazon, JetBlue and even Walmart.Fintech ventures typically offer customers low-cost products by eschewing physical branches, and instead using online portals or phones to provide loans, savings accounts or investment options.Walmart said in January it aims to combine its “retail knowledge and scale with Ribbit’s fintech expertise” to serve shoppers and associates. Walmart will own a majority of the new venture, but in Ribbit, it has a partner that’s made big bets in the fintech space including backing Robinhood Markets Inc., the popular no-fee brokerage.In December, the Federal Deposit Insurance Corp. approved a final rule governing so-called industrial loan companies that would make it easier for major businesses to seek banking charters while escaping capital and liquidity demands faced by dedicated financial firms. That’s a worrying prospect for banks facing the risk of going up against against corporate behemoths that could lean on their huge customer base to eat into the banking wallet.