Just Group swings to profit as chairman announces resignation

first_img Share Just Group swings to profit as chairman announces resignation Insurer Just Group has posted an annual profit for 2019, as the retirement services specialist’s turnaround measures began to take effect.  “We have a clear focus on improving the Group’s capital position and are making good progress. Despite operating in a tough environment we took big strides in 2019 to improve our organic capital generation and to reduce balance sheet risk,” said chief executive David Richardson.  “We achieved organic capital generation in the second half of the year and at the same time have accelerated our adoption of the new regulatory requirements at a lower cost than previously expected.” The company also announced this morning that chairman Chris Gibson-Smith will retire from the group as soon as a suitable successor is appointed.  Shares in Just Group fell as much as 6.29 per cent in morning trading.  Just Group has been focusing on strengthening its capital position, and said it had made good progress in 2019.  Show Comments ▼ Why it’s interesting The company said that a halving in new business strain had helped produce organic capital generation of £36m for the full year, compared to organic capital consumption of £165m in 2018.  “The entire Board benefitted from his insights and I have valued his wise counsel. He has steered the Group through some very challenging times and takes with him our best wishes for the future.” The company’s basic earnings per share for the year were 28.37p. Retirement income sales dropped 12 per cent to £1.9bn for the full year, compared to £2.2bn in 2018. Just Group reported profit before tax of £369m for 2019, compared to an £86m loss the year before. The company said this turnaround was due to its improved operating result and the impact of positive economic variances. The group’s investment and economic division swung to a profit of £173.8m in 2019, up from losses of £252m the year before. Just Group said that it had benefited from a decrease in risk-free rates and a narrowing of credit spreads. center_img Ad Unmute 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!BleacherBreakerUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoArticles StoneTeacher Throws Marine Out, He Gets The Last LaughArticles StoneUndo What Just Group said The company did not declare a dividend for the year.  Anna Menin It added that this ratio would have grown to 156 per cent if it had not recognised £219m of regulatory capital strengthening.  Just Group said it expects to be organically capital generative in 2020 and thereafter. Thursday 12 March 2020 9:05 am Tags: Just Retirement Group whatsapp Richardson also said that working alongside Gibson-Smith had been “a privilege”. whatsapp The figures The company said its Solvency II capital coverage ratio increased from 136 per cent in 2018 to 141 per cent last year, boosted by £400m of new capital raised during 2019. last_img read more

Weavers share traditional knowledge, stories behind textiles

first_img Kwakwaka’wakw and Haida weaver Meghann O’Brien listens during a break at the weavers’ presentation on Wednesday, June 6, 2018, at the Shuka Hit clan house at Walter Soboleff Building in downtown Juneau. O’Brien is of Haida, Kwakwaka’wakw and Irish descent. She was one of the presenters. (Photo by Tripp J Crouse/KTOO) Della Cheney speaks during a weavers’ presentation Wednesday, June 6, 2018, at the Shuka Hit clan house in the Walter Soboleff Building in downtown Juneau. (Photo by Tripp J Crouse/KTOO) Nathan Jackson, left, and Della Cheney hold up a blanket made by Dorica Jackson during a weavers’ presentation at the Shuka Hit clan house at the Walter Soboleff Building in downtown Juneau on June 6, 2018. (Photo by Tripp J Crouse/KTOO) Alaska Native Arts & Culture | Arts & Culture | Celebration | Juneau | SoutheastWeavers share traditional knowledge, stories behind textilesJune 7, 2018 by Tripp J Crouse, KTOO Share:Meghann O’Brien talks about her pieces during a break from the weavers’ presentation Wednesday at the Walter Soboleff Building.Artisans from Southeast Alaska and British Columbia displayed blankets, aprons and other items Wednesday at a weaving presentation.Weavers and weaving historians were among the about 50 people who attended the event in the Shuka Hit clan house in the Walter Soboleff Building.One presenter, Della Cheney, stressed the importance of learning those traditions.“There’s those things that I enjoy about our ways of life that are so rich and so dynamic because it’s life,” said Cheney, who is Haida and Tlingit. “It’s our way of life that creates these things that are with us today.”This was her second year presenting at Celebration. Cheney hopes communities invest more in cultural education.“We have to find ways to teach our families and continue our way of life and help our self be economically present in our own communities with the things we make and the way we live so … we can celebrate our way and be who we are, Tlingit, Haidas and Tsimshian people.”Kwakwaka’wakw and Haida weaver Meghann O’Brien of Alert Bay, British Columbia, first started weaving in 2007, making baskets to collect berries.“I really consider spending time on the land harvesting food to be the main source of where it came from for me. I think that’s where it came from for our people, too, is just for a really practical purpose.”She later had several mentors who helped teach her different styles, including her Ravenstail teacher William White.“When he opened the door for that and began teaching me the techniques, I felt really honored and privileged and that the knowledge was so sacred,” O’Brien said. “My personal thing that I’m more drawn to is much more utilitarian. I just really like the plain work baskets more than anything. I just think being able to use things is really important.”O’Brien was attending her first Celebration.“Even just at this gathering with the few presenters who are here, the different teachings we’ve received, the similarities and differences between those, there’s a lot of similarities obviously,” she said. “It feels very close to this place. It just feels very close to that handing of knowledge that occurred with Jennie Thlunaut. And it’s really powerful and really special.”Thlunaut mentored Clarissa Rizal, a Chilkat and Ravenstail weaver who died in December 2016.center_img Dorica Jackson talks about a robe she spent almost 15 years working on during a weavers’ presentation Wednesday, June 6, 2018, at the Shuka Hit clan house in the Walter Soboleff Building in downtown Juneau. (Photo by Tripp J Crouse/KTOO) Editor’s note: 360 North is under contract with Sealaska Heritage Institute to produce television and online video coverage of Celebration.Share this story:last_img read more

Colombia plans to proceed with price cut on Novartis cancer drug

first_img Related: @Pharmalot Ed Silverman About the Author Reprints For its part, the pharmaceutical industry has argued that compulsory licenses should be reserved for public health emergencies and as a measure of last resort. Fearing that the moves by the Colombian government might embolden other countries to quickly take similar steps, the industry turned to Washington for backing.Last spring, staffers from both the US Senate Finance Committee and the US Trade Representative’s office met with Colombian embassy officials in Washington D.C., and suggested that Washington might withdraw support for a free trade agreement and $450 million in backing for a peace initiative between the Colombian government and Marxist rebels.The move, however, created a mini-backlash among some Democratic lawmakers and appeared to have hardened the resolve of Gaviria and his health ministry. In June, he signaled he would move ahead with a unilateral price reduction, although he has not ruled out the possibility of issuing a compulsory license, either.“We condemn the behavior of Big Pharma, their gremial representatives, and their supporters’ governments (effort) to press the government of Colombia in order to stop a sovereign power from …  protect(ing) the fundamental right of (its) people and the financial sustainability of the health system,” three patient groups — Mision Salud, Fundacion Ifarma, and Cimun — said in a statement.A Novartis spokesman sent us a note saying the company believes the declaration “was issued improperly and creates an unwarranted and damaging precedent that could apply to any patent-covered innovations, not just pharmaceuticals. Declarations can be important and legitimate tools in exceptional circumstances, such as when public health is at immediate risk and cannot be addressed by any other means. This is not the case with Gleevec. Novartis, Colombia face off over cancer drug cost The episode drew particular notice, though, after Gaviria initially earlier this year considered pursuing a compulsory license. This would allow the Colombian government to sidestep the Novartis patent on Gleevec so that a lower-cost version could be produced. Countries can issue such licenses under the terms of a World Trade Organization agreement. Leave this field empty if you’re human: “Currently all patients in Colombia who need Glivec have access to it. There is no public health crisis, no shortages, and no evidence of other access issues. The government exerts price controls … and has reduced the price twice in the last three years,” he continued. He added generic versions that do not infringe the patent are available. However, government officials previously noted that Novartis has indicated any trace of its own drug appearing in a generic would be considered a patent violation, suggesting litigation might ensue.In a statement, Brian Toohey, a senior vice president for international issues at the Pharmaceutical Research and Manufacturers of America trade group said “the Colombian Government’s actions are without merit … Ad hoc price cuts are not effective or sustainable ways to improve access or achieve other critical public health goals. Pricing systems should be based on transparent rules and fair processes that provide business certainty for pharmaceutical innovators.” By Ed Silverman Sept. 16, 2016 Reprints After weeks of deliberations, the Colombia health minister is proceeding with plans to unilaterally lower the price of a Novartis cancer drug that has become the latest symbol of the battle between access to medicines and intellectual property rights.The amount of the reduction has not been announced, but Colombia media reported Health Minister Alejandro Gaviria may drop the price for Gleevec by up to 45 percent. Patient advocacy groups note that the annual cost of the drug is roughly $15,000, compared with per capita gross national income of about $8,000. This would amount to “significant savings for the whole health system,” the patient groups said.[UPDATE: Gaviria tells us that the health ministry planned to set the new price this month, but has just received a formal petition from the US Trade Representative seeking 30 days to submit. “We are studying the petition. In any case, we don’t want to put this off much more,” he tells us.]advertisement Please enter a valid email address. Tags cancerColombiaNovartispolicy Privacy Policy PharmalotColombia plans to proceed with price cut on Novartis cancer drug [email protected] Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Colombia Health Minister Alejandro Gaviria, center. Matilde Campodonico/AP In explaining his actions, Gaviria has argued that issuing a so-called Declaration of Public Interest, which allows the government to take various steps to reduce the price of a medicine, would be justified since the cost for Gleevec is out of reach for some citizens. The government began exploring this step after talks with Novartis failed to yield a lower price.His decision, which came after the government rejected appeals by the drug maker, is the latest development in a closely watched struggle. Patient groups see it as a test case for using legal rights to ensure needed medicines are accessible, while the pharmaceutical industry views it as a potentially precedent-setting case in which a middle-income country uses trade rules to lower its drug costs.advertisement Newsletters Sign up for Pharmalot Your daily update on the drug industry.last_img read more

It’s time to get serious about the safety of medical devices

first_imgPolitics It’s time to get serious about the safety of medical devices 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 [email protected] Unlock this article — plus daily intelligence on Capitol Hill and the life sciences industry — by subscribing to STAT+. First 30 days free. GET STARTED Diana Alame What’s included? Duodenoscopes, flexible tubes inserted in the mouth in order to reach the small intestine, were the subject of long-running safety concerns. FDA via APcenter_img Tags medical devicespolicy By Diana Alame June 7, 2017 Reprints What is it? 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. Log In | Learn More The now-infamous superbug outbreak related to a medical device that seriously sickened 350 people and killed at least 20 illustrates a huge problem in our medical system: poor monitoring of the safety of medical devices.The episode in question lasted several years and involved a widely used duodenoscope, a flexible tube inserted in the mouth in order to reach the small intestine, made by Olympus. It began in January 2012 when Erasmus Medical Center in the Netherlands experienced an outbreak of a multidrug-resistant infection among 30 of its patients. An investigation linked the outbreak to the use of a specific Olympus duodenoscope, whose design flaws made it impossible to completely disinfect the device. About the Author Reprintslast_img read more

Medical preprints go live, with more vetting than, say, math manuscripts

first_img What’s included? Sharon Begley APStock Senior Writer, Science and Discovery (1956-2021) Sharon covered science and discovery. Physicists do it, chemists do it, astronomers do it, neurobiologists and geneticists and other basic biomedical researchers do it, but medical researchers have until now been reluctant to do it: submit their research papers to a preprint server, a website for sharing manuscripts before they are peer reviewed, let alone published by a journal.After years of planning, however, medRxiv (pronounced “med archive”) posted its first preprints on Tuesday, finally bringing the health sciences into the preprint era. (arXiv, for math, computer science, statistics, and more, launched in 1991.) Log In | Learn More [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. Medical preprints go live, with more vetting than, say, math manuscripts Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED By Sharon Begley June 26, 2019 Reprints GET STARTED 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. What is it? @sxbegle In the Lab last_img read more

61 homes sell in Laois in February though sharp decrease expected in March

first_imgHome News 61 homes sell in Laois in February though sharp decrease expected in… NewsProperty There are can be some slight anomolies in the Property Price Register but it is still seen as one of the main guages of residential property activity.The price listed is exclusive of VAT for new builds that are sold while if there is land also sold with the house, the overall sale price that is recorded is reduced to exclude a portion of the land.In addition, some of the sales can be a couple of months behind in being recorded.Incidentally, the lowest price recorded for a property in Laois in this month was in Ashewood Walk in Portlaoise at €18,650. This is understood to be an incorrect entry.The sale of 61 properties in Laois in February compares to 59 in the same month in 2019 and 51 in 2018.The full list of properties that exchanged hands in February in the county is listed below.€1,7000,000 – 170 The Glen, Kilnacourt Woods, Portarlington – 03/02/2020€411,500 – Roskelton, Mountrath – 11/02/2020€405,000 – Melbrook, Mountrath Road, Portlaoise – 28/02/2020€305,000 –Ballyouskill, Attannagh – 11/02/2020€305,000 – 17 Rankins Wood, Portlaoise  – 12/02/2020€295,000 – 8 Rathevan Heights, Portlaoise – 20/02/2020€280,000 – The Paddock, Mountrath – 05/02/2020€273,000 – 73 Dunmasc, Dublin Road, Portlaoise – 19/02/2020€253,000 – Derrycloney, Mountmellick – 28/02/2020€264,318 – 166 Berryridge Avenue, Maryborough Village, Portlaoise – 14/02/2020€235,243 – 5 The Green, Mount Stewart, Stradbally Road, Portlaoise – 17/02/2020€225,000 – 15 Grenville, Portlaoise – 20/02/2020€224,669 – 1 The Green, Mount Stewart, Stradbally Road, Portlaoise – 21/02/2020€223,000 – Lower Sconce, Mountrath – 27/02/2020€220,000 –39 Rinuccini, Dublin Road, Portlaoise – 28/02/2020€215,000 – 27 Rathevan View, Portlaoise – 19/02/2020€210,000 – 110 Heather Hill Road, Graiguecullen – 28/02/2020€210,000 – 16 Heywood Village, Ballinakill – 13/02/2020€205,000 –39 Clonboyne Close, Bellingham, Portlaoise – 27/02/2020€200,000 – 62 Broomville, Dublin Road, Portlaoise – 28/02/2020€200,000 – Pheeba, 2 Church View, Portarlington – 12/02/2020€200,000 – Boley, Ballylinan – 14/02/2020€200,000 – 10 Clonboyne Close – 21/02/2020€195,000 – 78 The Hermitage, Portlaoise – 14/02/2020€195,000 – 12 The Drive, Graigavern Lodge, Ballybrittas – 12/02/2020€195,000 – 50 Lake Drive, Kilminchy, Portlaoise – 28/02/2020€190,000 – 94 Rossvale, Portlaoise – 20/02/2020€189,771 – 254 Bellingham, 10 Kylegrove Place, Portlaoise – 18/02/2020€189,000 – 39 The Showgrounds, Rathdowney – 17/02/2020€187,500 – 17 Oak View, Ballacollig, Mountmellick – 20/02/2020€180,000 – 31 Glenbrook, Ballyroan – 27/02/2020€178,000 – 13 Garden Village, Mountmellick Road, Portlaoise – 03/02/2020€177,000 – 9 Blueberry Hill, Esker Hills, Portlaoise – 28/02/2020€170,000 – Woodlands, Cork Road, Durrow – 19/02/2020€169,000 – 33 The Green, Kilminchy, Portlaoise – 17/02/2020€169,000 – 26 Crosneen Manor, Crosneen, Carlow – 06/02/2020€167,000 – 8 Mooreville, Rathdowney – 21/02/2020€165,000 – 2 Canal Court, Station Road, Portarlington – 05/02/2020€155,000 – 3 The Village, Mountmellick Road, Portlaoise – 21/02/2020€155,000 –19 Mooreville, Rathdowney – 14/02/2020€152,000 –34C Parkside, Abbeyleix Road, Portlaoise – 20/02/2020€152,000 – Nixon, Portlaoise Road, Abbeyleix – 10/02/2020€145,000 – 16 Maryborough Crescent, Broomville, Dublin Road, Portlaoise – 11/02/2020€141,000 – 10 Oak Manor, Ballacollig, Mountmellick – 07/02/2020€140,000 – 2 College Court, Mountrath Road, Portlaoise – 12/02/2020€135,000 – 19 Carmody Way, The Fairgreen, Portlaoise – 11/02/2020€127,500 – 51A Lake Drive, Kilminchy, Portlaoise – 06/02/2020€111,300 – Knocks, Ballyfin – 04/02/2020€110,000 – 15 The Old Mill, Church Street, Portlaoise – 03/02/2020€100,000 – Carrigan Street, Durrow – 28/02/2020€100,000 – Camross – 25/02/2020€100,000 – 12 St Fintan’s Terrace, Durrow – 13/02/2020€95,000 – 16 New Line Close, Mountrath – 11/02/202€90,000 – Morette, Emo – 24/02/2020€83,000 – 3 Barrow Mews, Link Road, Portarlington – 03/02/2020€78,500 – 123 Rinuccini Court, Dublin Road, Portlaoise – 10/02/2020€75,000 – 44 Cill Beg Manor, Stradbally – 27/02/2020€74,000 – Garryduff, Clough, Ballacolla – 21/02/2020€73,000 – 2 Barrow Mews, Link Road, Portarlington – 03/02/2020€64,000 – 7 Bridge Street, Portlaoise – 26/02/2020€18,650 – 153 Ashewood Walk, Summerhill Lane, Portlaoise – 27/02/2020SEE ALSO – 54 homes sell in Laois in January – here’s the full list Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival WhatsApp Facebook By LaoisToday Reporter – 20th April 2020 WhatsApp Electric Picnic 61 homes sell in Laois in February though sharp decrease expected in March Facebook RELATED ARTICLESMORE FROM AUTHOR The 61 properties sold equals the record for February since the Property Price Register began tracking sales in this manner in 2010. 61 properties were also recorded as sold in February 2016.The February figures came in just before the Coronavirus restrictions took hold on the country in March – and a significant decrease is expected in recorded sales in March and particularly in April. Pinterest House Prices A total of 61 homes sold in Laois in February ahead of the Coronavirus pandemic, according to figures on the Property Price Register. The most expensive sale recorded was in Kilnacourt Woods in Portarlington for €1.7 million – though it is understood this is for a number of properties in that estate.After that there was a home in Roskelton, Mountrath, sold for €411,500 while one on the Mountrath Road was sold for €405,000. Electric Picnic organisers release statement following confirmation of new festival date Electric Picnic News Twitter TAGSProperty Price Register Pinterest Twitter Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Previous articleWas that this year? Seven things that happened in the local sporting world in 2020 that seem a lifetime agoNext articleFootballer Mark Barry named as LaoisToday/Property Partners Buggy Sports Star of the Month for February LaoisToday Reporter last_img read more

Looking forward to a richer, greener future

Facebook LinkedIn Twitter Larry Siegel Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%0:00Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio TrackFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Share this article and your comments with peers on social media read more

TMX chief to retire at the end of August

first_img TD getting new head of private wealth, financial planning James Langton Canada’s leading exchange, TMX Group Ltd., is looking for a new leader, following the news that CEO, Thomas Kloet, intends to retire from the firm at the end of August. The TMX (TSX:X) says that its board has formed a search committee to find his replacement; and that the search, which will consider both internal and external candidates, is to begin immediately. PenderFund names new SVP for investments Share this article and your comments with peers on social media Related news CI GAM names its first-ever head of investment management Keywords AppointmentsCompanies TMX Group Ltd. Kloet took the helm of TMX Group Inc. back in 2008. It later changed its name to TMX Group Ltd. in 2012 with the acquisition of the TMX by the Maple Group consortium — a deal that transformed the trading landscape in Canada by merging the dominant trading venue, TMX, with its chief rival, Alpha, and the industry’s clearing and settlement company, The Canadian Depository for Securities Ltd. The deal followed a failed attempt to merge TMX with the London Stock Exchange. In a statement, Chuck Winograd, chair of the TMX board, congratulated Kloet on his planned retirement. “Tom leaves behind a strong management team who will continue to execute on the organization’s growth strategy,” he said. “The exchange industry has been my passion for more than 30 years, and it has evolved rapidly in recent years. I have been privileged to have had the opportunity to be part of the exciting emergence of TMX Group as Canada’s national exchange group and a partner of companies the world over,” said Kloet. Facebook LinkedIn Twitterlast_img read more

Fund Facts refiled for Signature Diversified Yield II Fund

first_img Desjardins to close four ETFs IE Staff CI Investments Inc., manager of Signature Diversified Yield II Fund, said Wednesday it has filed an amended and restated Fund Facts for Class A and Class O units of the fund. The Class A document has been revised to reflect the correct management expense ratio (MER) of 2.32% for the year ended March 31, 2014, not 2.09% as originally stated, and the Class O document has been revised to reflect the correct MER of 0.17% for the year ended March 31, 2014, and not 0.15%. Related news Share this article and your comments with peers on social media Unitholders approve changes to NEI fundscenter_img Keywords MERs and management feesCompanies CI Investments Inc. HSBC changes strategy, lowers fees for global equities fund The fund’s annual management report of fund performance (MRFP) for the year ended March 31, 2014 has also been refiled to reflect the correct MERs. The refiled Fund Facts and MRFP are available on SEDAR at and on CI’s website. Facebook LinkedIn Twitterlast_img read more

UN Yemen envoy condemns deadly Aden airport attack

first_imgUN Yemen envoy condemns deadly Aden airport attack The United NationsThe UN Special Envoy for Yemen, Martin Griffiths, has strongly condemned Wednesday’s deadly attack on Aden airport, which is reported to have resulted in the deaths of at least 26 people, and injured more than 50.According to media reports, loud explosions and gunfire were heard at the airport and clouds of smoke were seen shortly after a plane from Saudi Arabia landed, carrying members of the country’s new government. The passengers are reported to have been safely transferred to the presidential palace.“I strongly condemn the attack at Aden airport upon the Cabinet’s arrival and the killing and injury of many innocent civilians”, said Mr. Griffiths in a statement, offering his sincere condolences and solidarity to all who lost loved ones.“I wish the Cabinet strength in facing the difficult tasks ahead”, continued the statement. “This unacceptable act of violence is a tragic reminder of the importance of bringing Yemen urgently back on the path towards peace.”A people caught in the crossfireYemen, the Arab world’s most impoverished nation, has been riven by conflict since 2015, when fighting erupted between a Saudi-backed coalition supporting the internationally-recognized Government and the Houthi rebel group known formally as Ansar Allah.Figures released by the UN humanitarian office, OCHA, in early December, suggest that more than 230,000 Yemenis have died due to the war, the majority – some 131,000 – through indirect causes such as lack of food, health services and infrastructure. Over 3,000 children have been killed, and 1,500 civilian casualties have been reported in the first nine months of this year.The attack on Aden airport is an ominous sign of the scale of challenges facing the Yemeni authorities, which have been forced to work mainly in exile, from Saudi Arabia.It comes after a period of relative calm, and months of negotiations aimed at bringing about a peace deal, mediated by the Office of the Special Envoy. /UN News 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:airport, Attack, Cabinet, children, conflict, Government, health services, Humanitarian, infrastructure, Killing, Media, Saudi Arabia, Smoke, UN, violence, world, Yemenlast_img read more