Will Primary Day Pack Any Surprises for Democrats?

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Democratic primary voters will weigh in Tuesday on whether they want Gov. Andrew Cuomo or Fordham law professor Zephyr Teachout to be on their party’s ballot in the gubernatorial general election in November.They’ll also have a chance to choose whether the lieutenant governor will be Kathy Hochul, a one-term upstate Congresswoman, or Timothy Wu, a Constitutional law professor at Columbia University. Zephyr and Wu have been getting more media attention lately—causing the governor “agita,” as one political pundit put it—but their chances hinge on turnout, and seasoned observers predict that most Democrats will stay home. Also running for the Democratic line is comedian Randy Credico.“I think [it will be] something just south of 10 percent,” Nassau County Democratic Chairman Jay Jacobs, the former state chairman who predicted a very low turnout, told the Press.In the supposedly hotly contested 2006 Democratic primary between Nassau County Executive Tom Suozzi and Attorney General Eliot Spitzer, turnout wound up being only 14 percent.That number is in the ballpark of what Rich Schaffer, the Suffolk Democratic chairman and the Babylon Town supervisor, foresees when all the votes are tallied tonight.“I would expect between 10 and 15 percent,” said Rich Schaffer, the Suffolk Democratic chairman and the Babylon Town supervisor. “I think both Cuomo and Hochul will win—I don’t know if it’s [going to be] what they will want to win by.”There are about 5.42 million Democrats who vote in presidential elections but some analysts project that only 600,000 to 700,000 Democrats will likely vote in the primary.Some political observers have said that if Teachout gets more than 30 percent of the vote, she’ll have scored a moral victory for her reformist cause.But Gerald Benjamin, distinguished professor of political science at the State University of New York at New Paltz, scoffed at that prognostication.“There are no moral victories in politics!” he told the Press, adding that he thought the lead up to the primary had “a certain drama about it” but he didn’t expect any surprises.Schaffer put it more bluntly.“The threshold is 50 percent plus one! Anything short of that is a loss,” he said.“I think Wu may do a little bit better, but that’s only because it’s an open seat,” Schaffer continued. “It’s not against the governor who’s got an established name.”The prospect that Teachout’s running mate might do better than her is plausible, some party officials agree.“It’s logical because everybody knows Cuomo and nobody knows Teachout,” said Jacobs. “In this case, nobody knows Wu, but nobody knows Hochul. By just that description alone, Wu should do better against Hochul than Teachout will do against Cuomo. Not to say that I expect Wu to win; I don’t.”But if Wu does defeat Hochul, it would spell defeat for minor parties like the Independence Party and the Working Families Party because their November ballots couldn’t be counted if either name on their ticket were different from the main party line. In other words, if these minor parties were hoping to attract votes for Cuomo and Hochul, and the Democratic Party candidates ended up being Cuomo and Wu, then the third parties would be out of luck because they’d need a minimum of 50,000 votes on their own party lines to maintain their position on future ballots.As one party leader put it, “they’d all be down the tubes.”So, in that sense, there could indeed be a lot riding on what Democrats do today if they decide to go to the polls.last_img read more

Snack implicated in 17-state Salmonella outbreak

first_img Jun 28 FDA news releasehttp://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/2007/ucm108942.htm CDC information on outbreakhttp://www.cdc.gov:80/salmonella/wandsworth_062807.htm The CDC listed the Salmonella serotype identified in the illnesses as Wandsworth, a rare strain. It was not among the seven most common Salmonella serotypes identified in the CDC’s FoodNet data for 2006, according to a report published in April. The FDA said anyone who has had diarrhea after eating the snack should contact a healthcare provider and report the illness to state or local health authorities. The CDC said it worked with state and local health department officials for weeks on the investigation, interviewing parents of sick children. The outbreak is considered likely to be continuing, said the FDA, which learned of the outbreak from the CDC on Jun 27. Most people infected with Salmonella experience diarrhea, often with fever and abdominal cramps, within 12 to 72 hours after infection, the CDC said. Most people recover in 4 to 7 days without treatment, but elderly people, infants, and those with an impaired immune system may suffer severe illness. On its Web site, Robert’s American Gourmet said consumers who have the product should discard the contents and call the company at 1-800-626-7557. Customers can return empty bags to the place of purchase or the company for reimbursement, the company said. Jun 29, 2007 (CIDRAP News) – An epidemiologic investigation of 52 cases of Salmonella infection in 17 states, most of them in children, has prompted a nationwide recall of a snack called Veggie Booty, federal health agencies reported yesterday. The FDA and CDC said the cases began in March. Almost all the illnesses were in children under age 10, with most of them in toddlers. Most of the patients had bloody diarrhea, and four were hospitalized, officials said. No deaths have been reported. Only eight cases were reported before May 1, and the number has gradually increased, according to the CDC.center_img The FDA listed the states and numbers of cases in the outbreak as follows: California, 7; Colorado, 5; Connecticut, 1; Georgia, 1; Indiana, 1; Massachusetts, 3; Minnesota, 2; New Hampshire, 2; New Jersey, 2; New York, 13; Oregon, 1, Pennsylvania, 3; Tennessee, 1, Texas, 1; Vermont, 3; Washington, 4; and Wisconsin, 2. The US Food and Drug Administration (FDA) advised consumers to throw away any Veggie Booty on hand. The snack is made of puffed rice and corn with a vegetable coating and is sold in flexible plastic foil bags in 4-ounce, 1-ounce, and half-ounce sizes, federal officials said. “Interviews comparing foods eaten by ill and well persons show that consumption of Robert’s American Gourmet brand Veggie Booty was statistically associated with illness and therefore the most likely source of the outbreak,” the Centers for Disease Control and Prevention (CDC) said in a statement. See also: Veggie Booty is sold at retail stores in all 50 states and Canada and also over the Internet, the FDA said. An official of Robert’s American Gourmet, based in Sea Cliff, N.Y., said no samples of the product so far had tested positive for Salmonella, according to an Associated Press report published yesterday. CDC answers to frequently asked questions about the outbreakhttp://www.cdc.gov/salmonella/wandsworth_faq.htmlast_img read more

Grand Ascot home sells for multi-million dollar figure

first_img18 Ormond St, Ascot.The couple who have two children, Grace and Robbie Junior, and two dogs called Khan and Pepper, bought a property in the same suburb with plans to renovate their new digs.The house, built in 1906, was named Valhalla, meaning Hall of the Dead. The stunning property at 18 Ormond St, Ascot.A renovated five-bedroom, three-bathroom home at Ascot has sold for $3.2 million.Despite not selling at auction in early February, the recent data by CoreLogic, showed the property was sold on March 20 by Ray White Ascot’s Michael Spork.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019Kelly Logan the previous owner of 18 Ormond St Ascot.The property was originally owned by Kelly Logan and her husband Robbie who had lived in the grand Ascot property for seven years and decided to move on.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:45Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:45 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis 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.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Summer Dream Home: Currumbin01:45 Related videos 01:45Summer Dream Home: Currumbin01:34Paradise for sale…01:16Dream home: Broadbeach Waters01:33Dream Home: New Farm01:36Dream Home: Brookfield01:00Mermaid Beach18 Ormond St, Ascot.last_img read more

Mermaid Waters property sells for $1.8 million

first_img23 Saxonvale Terrace, Mermaid Waters changed hands for $1.8 million.A MERMAID Waters property that changed hands for $1.8 million was the biggest sale on the Gold Coast this week.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North3 hours ago02:37International architect Desmond Brooks selling luxury beach villa23 hours agoThis near new house at 23 Saxonvale Terrace features a contemporary style on the waterfront.“Be impressed by the wide majestic water views that take in the skyline towers of Broadbeach and beyond,” the listings states.“This quality builders home features dual living for the extended family or simply as a large executive home of grand proportions, with its five bedrooms and variety of spacious living zones spread over the two levels.”Lucy Cole and Nick Cole of Lucy Cole Prestige Properties handled the sale. The median house price in Mermaid Waters is $870,000, up 15.5 per cent over the 12 months to May, 2017.last_img read more

Norway’s oil fund bans Daewoo, Genting Berhad for palm oil activity

first_imgNorges Bank Investment Management (NBIM), which runs Norway’s NOK7.1trn (€776n) Government Pension Fund Global (GPFG), is excluding several stocks after the Council on Ethics advised their activities in tropical forests posed unacceptable environmental risks.The companies, two Malaysian-based firms – IJM Corp Bhd and Genting Berhad – and South Korean steel-maker POSCO and Daewoo International Corp were being excluded from the investment universe of the former oil fund, NBIM said.It said: “The companies are excluded based on an assessment of the risk of severe environmental damage.”In letters to NBIM, the Council on Ethics cited the conversion by Genting Berhad subsidiary Genting Plantations of tropical forest into oil palm plantations in Indonesia and Malaysia as a reason to consider exclusion. At issue was, among other things, the fact the subsidiary had not set aside enough space for environmental conservation in forest it was converting to oil palm plantations.Meanwhile, POSCO subsidiary Daewoo owned 85% of Indonesian plantation company PT Bio Inti Agrindo, which was converting tropical forest into oil palm plantations in the province of West Papua, Indonesia, the council said in a letter.“The scale of conversion and the fact that the concession area lies in a region of unusually rich and unique biodiversity entails an obvious risk that conversion will cause severe environmental damage,” it said.The council said that the lack of data reinforced this risk further.NBIM has previously been criticised for its holdings in POSCO and last year pension provider KLP also excluded POSCO from its portfolio.last_img read more

Did they come true? 2019 responsible investment wishes revisited

first_imgJoshua Kendall, Insight Investment“Last year I wished for the green bond market to move beyond the concentration of issuance from governments, financials and utilities. Diversity has increased, with the telecommunication sector now part of the market through household names such as Verizon, Vodafone and Telefonica.“We also saw evolution in the types of impact bonds available. Notable here was Enel’s ‘transition’ bond, which could pave the way for issuance from petroleum companies in 2020. Whilst the growth overall has been positive, we have found the credentials of some of the issuance to be less than convincing.”Investor organisations/NGOsFiona Reynolds, CEO, Principles for Responsible InvestmentLast year Reynolds wished for investors to “step up on climate action” and this month she says she would have the same wish for 2020.“Whilst there has definitely been more climate action from the investment community and gains have been made through programmes that PRI is involved in such as Climate Action 100+ and the Investor Agenda, there is still so much more to be done. Emissions are higher than at any other time in the planet’s history, COP 25 was a disappointment and the anti-climate lobbyists are winning the day – ambition is spoken about but the action doesn’t meet the words.”For the investment community the initiative I am most proud of this year is the Net Zero Asset Owner Alliance. If we can get all major funds to commit to a net zero target this will be a game changer.”Stephanie Pfeifer, CEO, Institutional Investors Group on Climate Change“A number of actors have raised their ambition on climate change during 2019. Companies are setting net zero emission targets at a remarkable rate, helped by engagement through Climate Action 100+. With over 60 of our members, we are working on how to align investment portfolios with the goals of the Paris Agreement. 70 countries and the EU are working to achieve climate neutrality by 2050.“Companies are setting net zero emission targets at a remarkable rate, helped by engagement through Climate Action 100+”Stephanie Pfeifer, CEO, IIGCC “This momentum is significant, but not sufficient. Ahead of COP26 in Glasgow, we need to see even greater ambition and bolder action in putting the global economy on a path to carbon neutrality.” Catherine Howarth, ShareActionCatherine Howarth, CEO, ShareAction“My wish for 2019 was that the impacts of investments would be recognised as relevant to meeting fiduciary duties. Well, it hasn’t quite come true! That said, 2019 witnessed the growing profile of so-called impact investing and also saw mainstream investors like pension funds asking far better questions about the impacts, both positive and negative, generated by companies in their portfolios.“My wish for 2020 remains the same. Here’s hoping every pension fund seeks to calculate and improve its impact-adjusted returns for the benefit of its members.” Christina Olivecrona, AP2“A global carbon tax is still very far away. This is sad, as it would create enormous momentum for the transition to a low carbon economy. Progress is on the way and especially the EU is moving fast. An example is the carbon border adjustment mechanism in the Green Deal, which is designed to ensure that the price of imports reflects the products’ carbon content. This is a step towards a global price!”“Our ability to improve in this area hangs on the quality of data”Nico Aspinall, CIO of The People’s PensionNico Aspinall, chief investment officer of The People’s Pension, an £8bn (€9.4bn) UK multi-employer pension provider“My 2019 wish to have mandatory Taskforce for Climate-related Financial Disclosures remains. If investment managers are to get better at investing responsibly it is imperative that we have necessary data from every stock market in the world – as much information from as many companies as possible. Our ability to improve in this area hangs on the quality of data.”Greg Haenni, CIO of CPEG, the CHF13.7bn (€12.6bn) public pension fund for Geneva“Disagreement amongst providers – different ratings for the same company – shows that ESG data remains unreliable. Much of the reporting today is either voluntary or if required by legislation not standardised, which leads to challenges when making comparisons. Also, factors such as carbon intensity vary within sectors, while measures can be volatile over time.“Going forward, we expect a better alignment across companies, sectors and regions between financial and non-financial data.”David Russell, head of responsible investment at the £70.1bn Universities Superannuation Scheme David Russell, USS“My wish was that pension fund consultants would more proactively address climate change. While it has risen up the agenda, there is still a long way to go.“2020 will see a push from both pension funds and regulators that will change how the industry as a whole reports on ESG. The past has been marked by the reporting of processes, but we want outcomes, i.e. less telling us that meetings took place and more telling us what happened as a result of them.”Asset managersClaudia Kruse, managing director, responsible investment and governance at APGLast December Kruse called for consideration of the social aspects of climate change, and for end-investors to be able to express their sustainability preferences in addition to their financial preferences. Looking back she says both of these topics were in focus in 2019.“The litmus test will be what difference this makes in the real economy”Claudia Kruse, managing director, responsible investment and governance at APG“For example, South Africa developed a Just Transition Plan and the EU has announced a Just Transition Fund. Individual pension funds like ABP committed to investing into the transition, and 159 global investors representing $10.1trn in assets now endorse the Investor Statement on a Just Transition. While demand for ESG investments is rising, the decision on how to include clients’ ESG preferences in the suitability assessment and eventual product recommendations under the EU Sustainable Finance Action Plan has yet to be finalised.“All in all, there has been progress and the litmus test will be what difference this makes in the real economy.”Joshua Kendall, senior ESG analyst at Insight Investmentcenter_img This month also brought the unveiling of the Commission’s economic growth strategy – the European Green Deal – and EU endorsement of the 2050 climate neutrality goal, plus the United Nation’s climate change conference in Madrid, where it was decided to postpone to next year discussions on issues such as trading of emissions reductions between countries.How does 2019 stack up compared with the wishes expressed by investors this time one year ago? Read on to find out.Asset ownersCarine Smith Ihenacho, chief corporate governance officer at NBIM, manager of Europe’s largest sovereign wealth fundLast year NBIM’s Ihenacho emphasised the need for “standardised, concrete and relevant sustainability data”. This year she says:“We have looked at companies’ reporting on issues like climate risk since 2010. We saw some improvements in 2019, but there are large variations between companies and sectors. With investments in 9,000 companies across the globe, I remain hopeful that my wish is gradually coming true. As a long-term investor we support the companies in their journey to report more standardised, concrete and relevant sustainability data.”Christina Olivecrona, senior sustainability analyst at SEK334bn (€34bn) pension buffer fund AP2 Last December IPE asked various individuals in and around the world of institutional investment what their single biggest wish would be for the responsible investment industry/movement for 2019. This year, we asked them to revisit that wish: did it come true?Almost all of those who participated in this exercise last year responded to IPE’s new invitation. Generally, it seems 2019 has not delivered on their hopes, although several participants highlight momentum and progress. Still, the need for improvements in the availability and usefulness of data is one theme that emerges from the comments.It’s been a busy year in sustainable finance and it closes very much in this vein, in particular with a rush of developments linked to the European Commission’s action plan.These include the Council and European Parliament this week reaching a political agreement on the taxonomy and the European supervisory authorities delivering their advice to the Commission relating to “undue short-termism”. ESMA, for example, encouraged the Commission to set its sights on the achievement of a unified set of international environmental, social and corporate governance disclosure standards.last_img read more

AAE extraordinary meeting to hear IFoA capped subs proposal

first_imgHowever, the IFoA said it recognised that all organisations were facing cash flow difficulties, and that it was therefore “happy” to pay one twelfth of its subscription each month for the six months from June if the AAE formally requested it to do so.At the same time, Stott wrote that “I would respectfully ask that given the current discussions” any interest charge payable for late contributions be waived.According to the letter, the IFoA’s proposal would see it paying an annual subscription of €110,000.“This would have the benefit of better aligning the level of contribution the IFoA pays to the concerns of the IFoA senior volunteers as to the perceived value of membership and would not require a major rewrite of the AAE statues at this time,” Stott wrote.“It also has the benefit of giving time for the UK’s currently uncertain future relationship with the EU to be determined,” he added.According to the IFoA’s letter, Brexit meant that the IFoA’s ability to play a leadership role “interacting with EU institutions” was limited.MRA problemThe letter also mentions that, “due to a legal challenge in the UK”, the IFoA would be unable to participate in a mutual recognition agreement (MRA).MRAs are arrangements by which the IFoA and other actuarial bodies recognise each other’s professional qualifications.Last year the IFoA launched a new curriculum and, according to its website, following the curriculum’s introduction all MRAs other than that with the AAE are temporarily suspended.According to Stott’s letter, the IFoA’s proposal was that it continued to be a full member of the AAE, “but recognising that in certain areas we would inevitably take more of a back seat”.Stott wrote that this was “not to say we would oppose the core principles underlying the AAE, but, just like many other AAE members, our focus would be particularly strong in one area, i.e. we do wish to continue with the valued level of engagement in research and thought leadership with the other European actuarial bodies, through the AAE”.“The IFoA confirm that they would like to stay as a full member of the AAE”Falco Valkenburg, AAE chairperson Asked about the contents of the IFoA letter, Falco Valkenburg, AAE chairperson, told IPE: “The vision of the AAE is for actuaries throughout Europe to be recognised as the leading quantitative professional advisers in financial services, risk management and social protection, contributing to the well-being of society, and for European institutions to recognise the valuable role that the AAE plays as a leading source of advice on actuarial and related issues.“The AAE will continue on this road,” he said. “The IFoA, as a founding member, have been strong partners in formulating our vision. The IFoA confirm that they would like to stay as a full member of the AAE.”According to an agenda document for Friday’s extraordinary meeting, the meeting will include the IFoA explaining its proposal and providing background, with the AAE board then to present its point of view and representatives of the member associations to have an opportunity to react to the IFoA proposal and ask questions.The subsequent agenda item is to agree a clear mandate for the AAE board in further discussions with the IFoA.In response to a request for confirmation and further questions from IPE, a spokesperson for the IFoA said: “The IFoA can confirm that for some time we have been in discussions with the AAE about the implications of the UK’s exit from the EU for the IFoA’s future relationship with the AAE. Until the outcome of those discussions with the AAE is reached, it would not be appropriate for us to comment further.”To read the digital edition of IPE’s latest magazine click here. The Actuarial Association of Europe (AAE) and its members will this Friday review a subscriptions proposal from the Institute and Faculty of Actuaries (IFoA), rejection of which the latter has said would likely see it withdrawing from the association and entering into a memorandum of understanding, if the AAE were willing.The Institute’s proposal is for a change to the AAE’s statutes to introduce a cap – of 5,500 – on the number of members upon which annual subscriptions are based.According to a late May letter from the IFoA to the AAE that was seen by IPE, if the IFoA’s proposal were not approved, “a likely consequence” would be the IFoA withdrawing from the AAE and entering into a research and thought leadership memorandum of understanding with it, although this was not the IFoA’s preferred approach.Signed by Grahame Stott, chair of the IFoA management board, the letter also reveals the IFoA had not paid its full subscriptions to the AAE for 2020/21, with the Institute saying it wanted to hear from the AAE about its proposals before making any payment.last_img read more

Cardinals Battle Chargers On The Links

first_imgThe St. Louis Cardinal Golf team opened their season Thursday night against the North Decatur Chargers.It was a nice, warm, dry night for a change and the scoring showed. The Cardinals managed to post a good score of 218 but the Chargers had a powerful squad and came in with a 200.Scorers for the Cardinals included Jackson Wanstrath, Carl Rahe, Eli Vogelsang, and Rhea Miller.The next match is a tournament at Cozy Acres Golf Course in Madison on Saturday, April 13th.Courtesy of Cardinals Coach Randy Streator.last_img read more

LIVE: Sec. of State Mike Pompeo on New Iranian Threats

first_imgSecretary of State Mike Pompeo will hold a live news conference to reveal new threats from Iran.US allies in the region are on high alert.The leader of Iran’s Revolutionary Guard threatened on Tuesday to “set ablaze” places supported by the United States over the killing last week of top Iranian Gen. Qassem Soleimani in an airstrike ordered by President Trump, as U.S. military officials bolstered resources near the Middle East.The U.S. Air Force is deploying six B-52 bombers to the region, amid the rising threat from Iran after Soleimani’s killing, Fox News confirmed Monday. The threat was palpable Tuesday as a sea of seemingly thousands of supporters reportedly chanted “Death to Israel!” when Iran’s Hossein Salami vowed vengeance in the central square in Kerman, Soleimani’s hometown, where his remains arrived to be buried.However, tragedy struck during Soleimani’s funeral procession when a stampede erupted, killing 35 people and injuring 48 others, Iran state television reported.last_img read more

Classic Ball Blasters win GVF Female Festival

first_imgCLASSIC Ball Blasters won the Guyana Volleyball Federation (GVF) Female Festival, which was played on Saturday at the National Gymnasium.In the final of the competition, the Ball Blasters defeated the Castrol Strikers 3-0 (25-15, 25-22 and 25-13).Along with the two finalists, Port Mourant also competed.President of the GVF, Levi Nedd, said that he was pleased with the organisation of the competition, which was not played for over four decades in Guyana. He said that he was impressed with the level of talent on display and the camaraderie by the players.Tiffany Whitton from the Classic Ball Blasters was adjudged the Most Valuable Player (MVP) and Best Striker at the competition, while Castrol Strikers’ player Famke David won the Best Setter’s award.PM’s Phitame Simpson finished as the Best Blocker and Leanna Miller (CBB) as the Best Server.Meanwhile, Cassandra Ron received the Most Improved Player award.The competition received support from a number of former players.last_img read more