HSBC boss John Flint needs to deliver short term rigour to the bank as well as a long term vision

first_img HSBC boss John Flint needs to deliver short term rigour to the bank as well as a long term vision Tags: Company Donald Trump People Standard Chartered Stuart Gulliver Tax HSBC’s pre-tax profit for 2018 dragged the FTSE into the red on Tuesday, disappointing traders who had expected a number closer to $22bn.The bank’s shares closed down four per cent and even weighed on the similarly Asia-exposed lender Standard Chartered, which lost 2.1 per cent.The financial megalith’s newest Flint and chairman Mark Tucker – who took over from Stuart Gulliver and Douglas Flint in 2017 and 2018 respectively – stuck to their guns, insisting that HSBC is right to focus core services even more intensely on Asia, where it already makes 89 per cent of its earnings.Read more: HSBC sued for £150m in relation to Disney tax avoidance schemeUnfortunately for the pair, the US-China trade war took its toll last year, while nosediving markets also rocked several revenue streams in the fourth quarter. Tuesday 19 February 2019 7:14 pm Share Imagine making nearly $20bn in profit during your first year in a job, only to be met with profound disappointment.Such is the lot of John Flint, the latest chief executive tasked with bringing the best out of Europe’s biggest bank. whatsapp Julian Harris The company’s “jaws ratio” (the quirky term for income growth measured against spending growth) bit into negative territory, prompting investors to ask whether Flint should tighten the purse strings.”We are clearly going to moderate the pace of some of our investments,” he said, resisting any suggestion of laying off even a slither of the bank’s 235,000 employees.If you are an HSBC banker relying on an upcoming bumper bonus, by the way, you may wish to tighten some purse strings of your own.On the subject of banker pay, Flint’s remuneration is pushing £5m a year and in that light one cannot feel too much sympathy for his situation when revealing Tuesday’s results.He is correct on some big questions – the harm that could be inflicted by Donald Trump’s trade war, for example. And, despite Trump, the promise held in Asian markets. Five people enter the global middle class every second, most of them in Asia, and HSBC’s long-term positioning makes perfect sense.In the short term, however, Flint still has to perform. If Tuesday’s results were a blip, then so be it. But any more of the same and shareholders will expect the new boss to assume a more hard-nosed approach to his business. whatsapplast_img read more

Coronavirus threat plagues Eurozone factory output

first_imgMonday 2 March 2020 10:20 am And Italian factories’ selling prices sank at their fastest rate since January 2015, the data showed.  whatsapp Eurozone factories face long delays for parts as the coronavirus outbreak hits supply chains, IHS Markit warned today (AFP via Getty Images) Also Read: Coronavirus threat plagues Eurozone factory output Tags: Coronavirus And IHS Markit warned the ongoing rising number of coronavirus cases could worsen the outlook of Eurozone manufacturers. “While a return to work for many Chinese factories after the extended New Year holiday could help ease global supply constraints, any further spreading of the Covid-19 epidemic risks driving increased risk aversion and a reduction of spending by both businesses and consumers.” whatsapp Eurozone factories face long delays for parts as the coronavirus outbreak hits supply chains, IHS Markit warned today (AFP via Getty Images) Also Read: Coronavirus threat plagues Eurozone factory output The Bank of England joined the Bank of Japan and the Federal Reserve today to say it was monitoring the coronavirus outbreak for risks to the economy. Joe Curtis Overall manufacturing PMI for the Eurozone showed a rise from 47.9 in January to 49.2 in February. However, the coronavirus outbreak dealt the bloc’s economy some body blows as it disrupted global supply chains amid measures to contain the virus. Eurozone factories face long delays for parts as the coronavirus outbreak hits supply chains, IHS Markit warned today (AFP via Getty Images) “[But] February saw encouraging signs that the eurozone’s manufacturing downturn is easing. Production contracted at the slowest rate for nearly a year and, despite lost export sales, new orders fell at the weakest rate for 15 months amid signs of rising internal demand, notably from consumers.” Show Comments ▼ center_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funnybonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comDefinitionThe Funniest Yard Signs EVER WrittenDefinitionMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderMaternity WeekAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongMaternity Week “The concern is that coronavirus-related delays in shipments threaten to constrain production in the coming months, prolonging a downturn that already extends to over a year,” IHS Markit’s chief business economist Chris Williamson said. Cases of coronavirus spiked again over the weekend. The death toll surpassed 3,000 as cases approached 90,000. Eurozone factories face long delays for parts as the coronavirus outbreak hits supply chains, IHS Markit warned today (AFP via Getty Images) Also Read: Coronavirus threat plagues Eurozone factory output “The coronavirus outbreak disrupted supply chains and hit foreign sales, resulting in considerably longer lead times and a steepening drop in export orders,” Williamson added. Coronavirus threat plagues Eurozone factory output The embattled economy’s manufacturing industry activity fell from 48.9 in January to 48.7, according to IHS Markit’s purchasing managers’ index (PMI). Anything below 50 represents a contraction. Eurozone factories face long delays for parts as the coronavirus outbreak hits supply chains, IHS Markit warned today (AFP via Getty Images) Also Read: Coronavirus threat plagues Eurozone factory output “Supply chains are lengthening to an extent not seen since 2018 and inventories are being depleted at a rate rarely seen over the past decade as companies struggle to produce enough to satisfy order books. But economists said February’s overall manufacturing performance suggested the Eurozone’s long slump in manufacturing was easing. Italy’s factory output slumped for the 17th month in a row in February, it emerged today, as economists warned the coronavirus outbreak could deepen the Eurozone’s manufacturing downturn. That led to longer waits for parts due to travel restrictions put in place to curb the spread of the coronavirus. Meanwhile, widespread store closures and the coronavirus’ impact on business confidence hurt foreign orders. And a 50 per cent surge in cases in Italy led the government to vow to inject €3.6bn of stimulus into its already-struggling economy.last_img read more

As Trump administration removes federal roadblocks, Pebble Mine fight shifts to state

first_imgAlaska’s Energy Desk | Energy & Mining | Environment | Federal Government | Fisheries | Southwest | State GovernmentAs Trump administration removes federal roadblocks, Pebble Mine fight shifts to stateOctober 11, 2017 by Elizabeth Harball, Alaska’s Energy Desk Share:In this 2011 photo, an exploration camp sits on top of the Pebble deposit, one of the largest undeveloped copper, gold and molybdenum deposits in the world. (Photo courtesy U.S. EPA)The proposed Pebble Mine is gaining momentum again, based on a settlement with the Trump Administration.Last week, developers released a new vision for the project in southwest Alaska. Now that the federal government has removed a major roadblock, Alaskans can expect a lot more action at the state level.When Pebble CEO Tom Collier took the podium at an industry gathering in Anchorage earlier this month, he recalled a speech he gave to the same crowd during the Obama years.“I gave a detailed presentation on how we were going to win this battle with EPA — how we were going to get them off our backs and be able to go into permitting,” Collier said. “And as I looked around I saw a lot of very skeptical faces at the time.”Fast forward to this year, and Collier’s prediction has come true.In 2014, the Obama administration effectively halted the project after hearing concerns that the mine could harm the Bristol Bay salmon fishery. The Environmental Protection Agency took the unusual step of proposing steep restrictions before the normal permitting process could begin. Pebble argues this amounted to blocking the project.But after a meeting with Pebble’s Collier this spring, new EPA Administrator Scott Pruitt announced a settlement allowing Pebble to move forward with permitting.Collier — who claims he can build the mine without hurting the fishery — aims to start that process in December.In an interview after his speech, Collier said all Pebble needs is a chance — if the project is allowed to go through the normal process, he believes the mine will be approved.“You know when you’ve invested $750 million getting ready to go into permitting, it ought to go pretty smoothly,” Collier said.That smooth permitting process is exactly what Pebble’s opponents are worried about.“I thought the fight was over when EPA proposed its determination, and I thought that it would be finalized during the Obama administration,” said Lindsey Bloom. Bloom used to fish for salmon in Bristol Bay, and has opposed the mine for years as part of advocacy groups SalmonState and Commercial Fishermen For Bristol Bay.Now that the federal government is back to following the process Pebble demanded, the mine’s opponents are increasingly turning their attention to the state.They worry that Alaska’s existing laws might not be tough enough to protect Bristol Bay’s salmon.“What we’ve seen is a permitting process that at every turn is geared and interpreted to get to the ‘yes,’ and to get to the permit,” Bloom said.So Pebble opponents are trying to change state laws. This week, a judge upheld a ballot initiative that, if approved by voters, would significantly beef up protections for Alaska’s salmon streams. The measure’s backers say it’s not intended to block projects, but an attorney for the state said building the Pebble Mine would be impossible if the measure becomes law.Opponents are also lobbying Gov. Bill Walker — and he’s listening to their arguments.“I am not supportive of the Pebble mine,” Walker said in an interview in early October, the day before Pebble rolled out new details on the proposed mine.“When it comes to two resources, renewable and non-renewable, I always go for the renewable and that certainly is the fish,” Walker said. “So I’m a fish-first person, and I have been historically and I stand there today.”Walker didn’t propose any specific steps he’d take to halt the mine, but multiple state agencies will be involved in approving the project.Unlike many of the Pebble’s opponents, the governor expressed confidence in the state’s existing laws.“I don’t know that there’s a lever for me to pull that’s going to absolutely stop it. I think there are a lot of protections that are already in place,” Walker said.As the groups fighting the mine ramp up pressure on the state, Pebble isn’t sitting idly by. It plans to challenge at least one current state law that could spell trouble for the project. In 2014, voters approved a ballot initiative requiring the Alaska legislature to approve a large-scale gold and copper mine in the Bristol Bay region. Last week, Collier announced plans to sue, claiming the statute is unconstitutional.Alaskans can expect a lot more of that back-and-forth as the state takes on a bigger role in deciding the future of the proposed mine.EPA is accepting public comments on withdrawing its restrictions on the Pebble project through October 17.Share this story:last_img read more

Roche snaps up Ignyta and its experimental lung cancer drug for $1.7 billion

first_img Tags biotechcancerdrug developmentpharmaceuticalsSTAT+ [email protected] STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Senior Writer, Biotech Adam is STAT’s national biotech columnist, reporting on the intersection of biotech and Wall Street. He’s also a co-host of “The Readout LOUD” podcast. Swiss pharma giant Roche (RHHBY) is buying the smaller U.S. biotech firm Ignyta (RXDX) for $1.7 billion in cash, picking up an experimental pill in the late stage of development that targets lung cancer caused by a rare gene defect.Ignyta is being acquired for $27 per share, the companies said Friday. That’s a 74 percent premium to Ignyta’s closing price on Thursday. Roche aims to close the deal in the first half of 2018. Biotech Log In | Learn More What is it? Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+. First 30 days free. GET STARTED Lung cancer scans Andy Wong/APcenter_img About the Author Reprints Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. GET STARTED Adam Feuerstein By Adam Feuerstein Dec. 22, 2017 Reprints Roche snaps up Ignyta and its experimental lung cancer drug for $1.7 billion @adamfeuerstein What’s included?last_img read more

‘Thoughts and prayers’ asked for little Dan Donoher as he awaits tests for treatment

first_img The parents of little Dan Donoher have asked people to keep him in their thoughts and prayers as he awaits tests to determine the status of his treatment.Aisling and Niall Donoher, alongside Dan, spoke to Ryan Tubridy on The Late Late Show this evening.The pair thanked the entire country for getting behind them and their son to raise the money that he needs to have a chance of getting potentially life-saving treatment.However, they also revealed that this week had been difficult for them as a blood test on Dan ‘did not go their way’.Dan will be tested again in three weeks time and Aisling is asking everyone to get behind the family once again.Aisling said: “We had a really tough week, we got Dan’s bloods done in preparation for his treatment but they didn’t go the way we planned.“We have to get them done again in three weeks and we will know a lot more then in terms of the status of Dan’s treatment and where that is going to lead us.“Everyone has been behind us from the very beginning and has shown incredible support towards us.“We just ask that everyone keeps Dan in their thoughts and prayers for the next three weeks that please God things will go our way.”While Dad Niall said that he is still full of hope.He said: “It is a really hard thing to come to terms with because at three months, we were seeing Dan doing normal things, so to know he could do that and then see him lose it all, is heartbreaking to see.“How couldn’t you be hopeful? This little lad gives you hope everyday and I think the support we have received from all corners of Ireland and all over the world – we just can’t be anything but hopeful.”The pair also said that they really wanted to highlight the presence of the disease that Dan has – Spinal Muscular Atrophy (SMA)Evanne Ní Chuilinn, Henry Sheflin, Aidan O’Shea and Kieran Donaghy also chatted to Ryan Tubridy about how the GAA community has pulled together during the current crisis to raise an incredible sum of money.50 days after the Do It For Dan campaign was launched – organisers reached their €2.1 million goal.This is a truly stunning feat all in aid of little Dan Donoher, son of Niall and Aisling, who is just one year old.The GoFundMe Page has now gone been closed after going above €1.9 million.And organisers believe that when all the ongoing fundraisers come to an end, they will have reached the overall goal.SEE ALSO – EXPLAINED: Government releases detailed roadmap to ‘reopen Ireland’s economy and society’ WhatsApp WhatsApp ‘Thoughts and prayers’ asked for little Dan Donoher as he awaits tests for treatment Twitter Home News ‘Thoughts and prayers’ asked for little Dan Donoher as he awaits tests… News Facebook Electric Picnic TAGSDo It For DanThe Late Late Show RELATED ARTICLESMORE FROM AUTHOR Pinterest Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Facebook Previous articleCoronavirus Daily Noticeboard – Friday, May 1, 2020Next articleDeaths in Laois – Saturday, May 2, 2020 LaoisToday Reporter News Pinterest Twitter By LaoisToday Reporter – 1st May 2020 Electric Picnic Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Electric Picnic organisers release statement following confirmation of new festival datelast_img read more

Laois hurler set to line out for Man City in All-Ireland FIFA 20 Charity Tournament

first_img Electric Picnic Previous articleDeaths in Laois – Friday, May 1, 2020Next articleTalking Music: Rathdowney’s Finn brothers on their story so far Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Twitter Pinterest News Home Sport GAA Laois hurler set to line out for Man City in All-Ireland FIFA… SportGAA Electric Picnic By Alan Hartnett – 1st May 2020 Pinterest WhatsApp Laois hurler set to line out for Man City in All-Ireland FIFA 20 Charity Tournament TAGSCoronavirusEric KilleenFIFA 20Rathdowney-Errill Twittercenter_img Longford’s Daniel Connell will line out for Hoffenheim while Louth’s Gavin Kerrigan is in charge of Bayern Munich.This tournament has been created by Joanne O’Riordan of The Irish Times, The Gaelic Players Association and Insomnia Games Festival with the objective of raising much needed funds for our unbelievable frontline healthcare workers during this hugely challenging time. Laois hurler Eric Killeen will compete with his Man City team in the All-Ireland FIFA 20 Charity Online Tournament to help raise funds for frontline workers.The Rathdowney-Errill defender has received a bye through to the quarter finals of the Leinster championship.He will face the winner of the game between Hoffenheim and Bayern Munich tomorrow evening. Facebook SEE ALSO – The story of ‘Do It For Dan’ set to feature on Late Late Show WhatsApp The way this works is simple – hurling and football stars from around the country will be facing off in an Online FIFA 20 Tournament that is viewable by the public (live) on May 1-3.Along the way, organisers hope to raise valuable funds from both the general public and supportive businesses and communities, with proceeds going directly to frontline healthcare workers fighting the Covid-19 crisis.Each GAA star has been randomly allocated a Champions League team that they must compete with.Live matches will be streamed to the following channels: Insomnia Gaming Festival Facebook Channel. And unlike traditional GAA, there is no backdoor so once you lose – you are out.Organisers Joanne O’Riordan said: “I came up with the initial idea because my grandmother and uncle are both in care settings.“I know they are receiving excellent care, but I also know they are missing not seeing us. The tournament is a chance for us all to remember collectively those in care settings and the people who are looking after them in this trying time.“They are somebody’s mother, father, sister, brother, cousin, aunt, uncle, grandmother, grandfather, friend, or neighbour. This is our small way of showing that we care.“We want to create an event for people of all ages. We want them to watch the games, enjoy the sport of it and be part of the experience.“We want to play our part in promoting and engaging with the terrific community spirit that has been evident during these challenging times. I like many others out there have been in isolation since early March.“I miss my friends, I miss the craic attending matches and working in a public setting, but I also miss my nan, who is being cared for in Millstreet Community Hospital.“I am encouraging everyone to get involved, and I hope we can reach or exceed our target. If everyone could give a little that would amount to a lot.”The teams representatives are as follows:Antrim – Patrick McBride (Roma)Armagh – Aidan Nugent (AEK Athens)Carlow – Adam Dunne (Liverpool)Cavan – Oisin Brady (Inter Milan)Clare – Keelan Sexton (PSG)Cork – Sean O’Donoghue (Barcelona)Derry – Ruairi Mooney (Juventus)Donegal – Oisin Gallen (Schalke 04)Down – Mark Fisher (Valencia)Dublin – James Madden (CSKA Moscow)Fermanagh – Jimmy Tormey (Shakhtar Donetsk)Galway – Padraic Mannion (Atletico Madrid)Kerry – Padraig Boyle or James O’Donoghue (Young Boys)Kildare – Kevin Flynn (Napoli)Kilkenny – Paddy Deegan (Ajax)Laois – Eric Kileen (Manchester City)Leitrim – Oisin McLoughlin (Hobro IK)Limerick – Cian Shorten (Benfica)Longford – Daniel Connell (Hoffenheim)Louth – Gavin Kerrigan (Bayern Munich)Mayo – Matthew Ruane (Club Brugge)Meath – Jordan Morris (AS Monaco)Monaghan – Conor McCarthy (Galatasaray)Offaly – Cian Johnson (Lyon)Roscommon – Donie Smith (PSV)Sligo – Niall Feehily (Real Madrid)Tipperary – Kyle Shelly (Lokomotiv Moscow)Tyrone – Niall Morgan (Chelsea)Waterford – Aaron Jones (FC Porto)Westmeath – Joe Rabbitt (Tottenham Hotspur)Wexford – Rory O’Connor (Dortmund)Wicklow – Andy Maher (Victoria Pizen) Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role RELATED ARTICLESMORE FROM AUTHOR Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Electric Picnic organisers release statement following confirmation of new festival datelast_img read more

Warning•Axe Delivered… Hwang Jang Yop’s Terror Threat

first_img [imText1]Hwang Jang Yop, Chairman of the North Korean Democratization Alliance received yet another condemning delivery containing a warning and axe. It was revealed on the 26th, that FreeNK broadcast, a defector based broadcast (Chairman, Hwang Jang Yop, representative, Kim Sung Min) with its office in Yangcheon-gu received a cardboard box (20x40cm) on the 22nd. On the cover was written recipients name “Hwang Jang Yop” as well as the senders phone number. Representative Kim Sung Min of FreeNK broadcast who first received the delivery intended to forward the parcel to Chairman Hwang but felt a strange intuition and hence on the second day (23rd) opened the parcel. Thereupon inside the box was a photo of Chairman Hwang smeared with blood red paint with a “warning” and axe. The warning contained a startling message “Next time will be no warning, you will receive the punishment according to your sins.”It criticized Chairman Hwang’s statement “I am against anyone for intimate anti-North Korea forces” mentioned at a conference organized by the Grand National Party on November 23rd calling it “rubbish.”Also, it claimed “Our nation with our strong military forces is making the U.S. tremble” and cautioned “All U.S. followers will be ruined.”FreeNK reported this news to the Yang Cheon police office on the 23rd and requested for an investigation. Representative Kim said “This is the third time that written materials and repulsive parcels have been received at the bases of North Korean Defectors” and “However, there has never been a time where the Korean National Police Agency has been able to catch the offender. I no longer have any anticipations (of the offender being caugh).”In 2004, a murder threat was discovered containing a blood stained letter and weapon in front of the North Korean Defectors office, directed at the former Secretary of the North Korea Worker’s Party, Hwang Jang Yop and former President of Light Commerce, Kim Duk Hong. Prior to this occurrence, the body of a dead rat was delivered to the Network for North Korean Democracy and Human Rights in 2000 with the names of five activists and the North Korea threats continue. News AvatarYang Jung A News News North Korea tries to accelerate building of walls and fences along border with China Facebook Twitter SHAREcenter_img Warning•Axe Delivered… Hwang Jang Yop’s Terror Threat Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak By Yang Jung A – 2006.12.26 5:36pm RELATED ARTICLESMORE FROM AUTHOR News There are signs that North Korea is running into serious difficulties with its corn harvest last_img read more

Kim Target of Wheat Flour Parcel

first_img RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak Kim Target of Wheat Flour Parcel There are signs that North Korea is running into serious difficulties with its corn harvest AvatarCho Jong Ik News News center_img SHARE By Cho Jong Ik – 2013.04.23 7:07pm News A package containing a suspicious white powder was delivered to the Ministry of National Defense on the 23rd, triggering an emergency response. However, the substance later turned out to be wheat flour. An official explained earlier today, “This morning at 10:12 a package arrived for the Minister of National Defense. The same anonymous document that was scattered near the Ministry building before and an unidentified white powder were delivered.” Although the powder was later identified as wheat flour, the threatening intent was clear. The Ministry, which classified the act as attempted terrorism, has since announced that it “will cooperate with police and the National Intelligence Service to investigate the incident.”The delivery follows the April 19th distribution of hundreds of leaflets containing slanderous and threatening words aimed at Minister Kim in the Yongsan region, where the Ministry of National Defense is located. News North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

JFJ Heartened by Efforts to Deal with Police Corruption

first_imgRelatedJFJ Heartened by Efforts to Deal with Police Corruption RelatedJFJ Heartened by Efforts to Deal with Police Corruption RelatedJFJ Heartened by Efforts to Deal with Police Corruption FacebookTwitterWhatsAppEmail Human rights group, Jamaicans for Justice (JFJ), says it is “very pleased” with the continuous attempts to weed out corruption within the Jamaican police force.JFJ was reacting to news that a senior policeman was detained and questioned at the Lucea Police Station, Hanover, on Thursday (February 11) in connection with a major motor vehicle racket where, it is alleged that, vehicles that were being kept as court exhibits went missing from the station yard and was discovered in the possession of civilians.“We applaud the attempts by the Police High Command to bring tough action against members of the Jamaica Constabulary Force (JCF) suspected of being involved in illegal activities, and we support the efforts of the Anti-Corruption Branch, as it continues to conduct additional investigation into the scam,” JFJ said in a release on Friday (February 12).“We also encourage that the same level of commitment to rid the force of corrupt cops be displayed, if the ongoing probe uncovers links to additional police officers being involved in the racket,” the release added.The human rights group said that, while there are good police officers in the JCF, this latest incident again highlights the fact that corruption is prevalent within the police force and that the oversight mechanisms that exist to monitor items within police possession are inefficient.“JFJ appeals to anybody with information about this motor vehicle racket, as well as any other corrupt acts involving members of the security forces, to share it with the relevant authorities as it is in everyone’s best interest that truth, transparency and accountability prevail,” the JFJ release said.center_img JFJ Heartened by Efforts to Deal with Police Corruption National SecurityFebruary 13, 2010 Advertisementslast_img read more

Foreign flagged ships detained in UK during February 2021

first_imgForeign flagged ships detained in UK during February 2021 During February, there were zero new detentions of foreign flagged vessels in a UK port.In response to one of the recommendations of Lord Donaldson’s inquiry into the prevention of pollution from merchant shipping, and in compliance with the EU Directive on Port State Control (2009/16/EC as amended), the Maritime and Coastguard Agency (MCA) publishes details of the foreign flagged vessels detained in UK ports each month.The UK is part of a regional agreement on port state control known as the Paris Memorandum of Understanding on Port State Control (Paris MOU) and information on all ships that are inspected is held centrally in an electronic database known as THETIS. This allows the ships with a high risk rating and poor detention records to be targeted for future inspection.Inspections of foreign flagged ships in UK ports are undertaken by surveyors from the Maritime and Coastguard Agency. When a ship is found to be not in compliance with applicable convention requirements, a deficiency may be raised. If any of their deficiencies are so serious, they have to be rectified before departure, then the ship will be detained.All deficiencies should be rectified before departure.When applicable, the list includes those passenger craft prevented from operating under the provisions of the EU Directive on a system of inspections for the safe operation of Ro-Ro passenger ships and high-speed passenger craft in regular service and amending directive 2009/16/EC and repealing Council Directive 1999/35/EC (Directive EU 2017/2110).Notes on the list of detentions:Full details of the ship:The accompanying detention list shows ship’s International Maritime Organisation (IMO) number which is unchanging throughout the ship’s life and uniquely identifies it. It also shows the ship’s name and flag state at the time of its inspection.Company:The company shown in the vessel’s Safety Management Certificate (SMC) or if there is no SMC, then the party otherwise believed to be responsible for the safety of the ship at the time of inspection.Classification society:The list shows the classification society responsible for classing the ship only.Recognised organisation:Responsible for conducting the statutory surveys: and issuing statutory certificates on behalf of the flag state.White (WL), grey (GL) and black lists (BL) are issued by the Paris MoU on 01 July each year and shows the performance of flag state.Deficiencies:The deficiencies listed are the ones which were detainable. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agreement, council, detention, EU, Europe, future, Government, maritime, operation, Paris, pollution, prevention, rating, Safety, Society, UK, UK Governmentlast_img read more