Leagues pile on, joining CUNA’s Equifax lawsuit

first_img continue reading » Three credit union leagues have joined CUNA in its lawsuit against Equifax over the credit bureau’s recent data breach that compromised personal financial information for more than 145 million people.The Credit Union Association of New Mexico, the California-Nevada Credit Union League and the Michigan Credit Union League say they are now plaintiffs in a suit CUNA originally filed in a Georgia District Court on October 4. Army Aviation Center Federal Credit Union and Greater Cincinnati Credit Union are already plaintiffs in the suit.Army Aviation Center Federal Credit Union, headquartered in Daleville, Alabama, has $1.2 billion in assets and about 98,000 members. Greater Cincinnati Credit Union is a state-chartered credit union headquartered in Cincinnati, Ohio. 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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To fight SARS, China moves to knock civets off menus

first_img After civets were found to carry the virus, restaurants were barred from serving them for several months in 2003. Thousands of the animals were seized from farms and wildlife markets and killed last January after a few new cases of the disease occurred in southern China. The newspaper Beijing Daily reported that the ban was part of new rules issued Nov 1 by China’s Health Ministry, according to the Associated Press and Reuters. The rules ban “the slaughter, cooking, and selling of wild animals like civet cat and advocate civilized dietary habits,” a Reuters story said. SARS emerged in late 2002 in Guangdong, where civets are considered a delicacy. The disease spread from there to Hong Kong in February 2003 and then on to many other countries around the world. The ban came about 3 weeks after a report that Chinese government scientists had concluded that civets are the main animal source of the SARS virus. An Oct 11 Reuters report quoted the SARS Defense and Cure Scientific Group as saying, “Research proves that the civet cat is the primary animal source of the human SARS virus, with the ability to spread the virus.” But the group stopped short of saying civets are the only source of the human virus. The announcement also followed an Oct 23 report that 70% of a sample of 103 civets from southern China’s Guangdong province carried the virus, according to Reuters. The report said no civets from northern or eastern China were found to be infected.center_img Nov 3, 2004 (CIDRAP News) – To guard against SARS (severe acute respiratory syndrome), the Chinese government has banned the killing and cooking of civets, which have been carriers of the SARS virus in southern China, according to news reports yesterday. See also: Jan 16, 2004, CIDRAP News story, “WHO sees more evidence of civet role in SARS”last_img read more

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IKEA donates blankets, bed sheets to COVID-19 hospitals

first_imgSweden-based furniture store IKEA has donated household items to the Indonesian Hospital Association (PERSI) to support COVID-19 referral hospitals.The company handed out bed sheets, blankets, towels and trolleys to five hospitals in Banten and Sentul in Bogor, West Java, namely Permata Pamulang Hospital, BUN Kosambi Maternity Hospital, MISI Lebak Hospital, An Nisa Cibodas Hospital and EMC Sentul Hospital.IKEA Indonesia public relations head Ririn Basuki said the hospitals were among the first to receive COVID-19 positive patients in their respective areas. “Hospitals play a crucial role in testing and treating COVID-19 patients and IKEA will support the medical personnel who are on the frontline combating this pandemic,” she said in a written statement on Monday.Read also: We’re all in this together: Companies join hands to mitigate COVID-19 pandemicThe furniture giant also donated hygiene kits to people in Jakarta as an initiative to curb the spread of the novel coronavirus.As of Monday, the Health Ministry announced 218 new confirmed cases, bringing the total number of infections nationwide to 2,491 with 187 cases in Banten and 263 cases in West Java. While 11 more deaths have been reported, bringing the death toll to 209. (eyc)Topics :last_img read more

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Labor unions strike, stage rallies to oppose controversial new jobs law

first_imgTopics : Labor unions and civil society organizations across the archipelago have staged nationwide protests and strikes to oppose the newly passed Job Creation Law, demanding the House of Representatives revoke the controversial law feared to infringe on workers’ rights.The Confederation of Indonesian Trade Unions (KSPI) said that around 2 million workers representing 32 labor unions would take part in mass rallies and strikes in various cities for several days.”Workers from various sectors, such as textiles, mining, electronics, pharmaceuticals, tourism, logistics and other sectors, will stage protests in Jakarta, Bogor, Depok, Cilegon, Purwakarta, Semarang, Surabaya, Yogyakarta, Aceh, Medan, Deli Serdang, Batam, Pekanbaru, Palembang and other cities,” KSPI president Said Iqbal said in a statement on Monday.Thousands of workers in Pulogadung Industrial Complex in East Jakarta staged a protest opposing the jobs law in front of their respective factories on Tuesday morning.”Workers in Pulogadung agreed to skip working today to show support for [movements] against the Job Creation Law. We planned to stage rallies in front of our factories and on roads in the Pulogadung area until Thursday,” protest coordinator Hilman Firmansyah said as reported by kompas.com.Thousands of workers from factories in Karawang, West Java, also staged protests in front of their factories to oppose the law on Tuesday.The workers opted to conduct sporadic protests in order to limit the risk of COVID-19 transmission during the rallies, especially since many virus clusters have emerged in Karawang industrial areas.They also limited the number of people participating in the protests and ensured that protestors wore masks and maintained physical distance.Read also: Amnesty dubs new Omnibus Law ‘catastrophic’, petition urges no confidence motionIn Bandung, West Java, thousands of workers from various labor unions rallied at the Bandung Legislative Council compound and City Hall on Tuesday morning.The protestors, carrying umbrellas and wearing masks, sat on the road while voicing their concerns over the impact of the law on their working conditions.Dozens of workers under the Central Java Federation of Trade Unions (KSPN) opted to stage a protest in front of their office in Semarang, Central Java on Tuesday.KSPN head Nanang Setyono said despite workers under the labor group having decided not to hold a strike, they would still oppose the law through legal process.”We’re planning to file a judicial review against the omnibus law with the Constitutional Court,” Nanang said.The Jakarta Police had deployed 2,300 personnel around the House compound in Senayan, Central Jakarta to anticipate rallies.The Jakarta police had previously refused to issue permits for protests and rallies over concern for COVID-19 transmission.The House and the government on Monday passed into law the contentious omnibus bill on job creation, sooner than its original plan to enact the bill on Thursday.Despite mounting objections over fears it would negatively impact the environment and labor rights, the government continued to insist that the law was necessary to improve bureaucratic efficiency in order to boost business and investment. (nal)last_img read more

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Dutch reforms feasible without pensions accord, say experts

first_imgDutch pension funds could introduce a sustainable pensions contract without the need for a high-level agreement or new legislation, several experts have claimed.According to Mercer, the existing legislation for bringing in an improved defined contribution plan (Wet Verbeterde Premieregeling, or WVP) – with its option of variable benefits – already offered sufficient leeway for new sustainable pension arrangements in line with those discussed by unions, employers and government.Last week, negotiations about pensions reform between the three parties broke down amid disagreement on secondary issues, including increasing the state pension age and bringing self-employed workers, or zzp’ers, into the pension system.Other experts have backed up Mercer’s view, with Erik Lutjens, professor of pensions law at Amsterdam’s Free University (VU), arguing that government legislation was also not crucial for accommodating zzp’ers in the second pillar. The WVP already complied with the conditions of a “simpler, tailor-made, flexible and sufficient pension”, as set out by Jetta Klijnsma, the former state secretary for pensions, at the start of the nationwide dialogue for a new pensions system in 2015, according to actuary Marc Heemskerk.Speaking last week at a pensions seminar hosted by his employer Mercer, Heemskerk said that the current defined contribution (DC) pension plan offered by Shell Netherlands – comprising an accrual and a benefits phase but including the elements of collectivity and solidarity favoured by the unions – could act as a blueprint for a new system.Heemskerk suggested switching to a pensions system with collective accrual for individual pension capital in a DC scheme in a pool, with participants having the option of picking their individual investment mix.He highlighted that, in the accrual phase, such a “DC plan with investment choice” would lack the often disputed elements of financial buffers and discount rate for liabilities.On the other hand, participants could benefit from the strong points in the current system, such as investment scale and solidarity through sharing investment risk, mortality risk and labour disability risk, according to the actuary.In his concept, participants’ accrued individual pension rights would be gradually shifted to the benefits pool – with diversified investments and less risk exposure – between the age of 57 and 67.If they had not opted to participate in the benefits pool beforehand, they could use their capital at retirement to shop around for benefits from an insurer, explained Heemskerk.Dutch-Canadian pensions expert Keith Ambachtsheer has also voiced support for a “simpler and more adequate” pensions system with a pool for returns and a ‘safety’ pool. Theo Kocken, CardanoTheo Kocken, founder of Cardano and professor of risk management at the VU, has proposed such a set up as well. When asked by IPE, he argued that the benefits pool with shared longevity risk would be possible under the current financial assessment framework (FTK).Accrual in the return pool could take place “with less complexity and less discount rate discussions, and with less distrust among participants as a result”, he said, adding that “the options for tailor-made investments would increase”.Kocken also highlighted that pension funds could implement both pools under the current rules for mandatory participation in a pension fund.Discount rateHeemskerk also suggested that the discount rate for liabilities – currently the market rate topped up with an ultimate forward rate (UFR) – could be replaced with the higher European UFR for insurers, which he described as “an objective quantity”.He said that the application of EIOPA’s UFR would raise the average coverage ratio of Dutch pension funds from 108.6% to 114.2% at the moment.In his opinion, such an increase would not be irresponsible “as the minimum required funding, and the trigger for rights cuts, for Dutch pension funds was 104.3%, rather than 100%”.Recently, Gabriel Bernardino, chairman of EIOPA, indicated that pension funds could also apply the European UFR for insurers, as long as it complied with the local supervisory framework.However, both Dutch regulator DNB and social affairs minister Wouter Koolmees have opposed the introduction of the European UFR for pension funds, with DNB even advising insurers to be cautious using the EIOPA rate.Retirement ageThe Netherlands’ state pension (AOW) age has been set by the government at 67 and three months from 2022, with subsequent rises linked to longevity – a decision strongly opposed by trade unions.Heemskerk suggested that the dispute could be solved by taking 66 as the standard retirement age for workers facing a low pension income, usually people in hard physical jobs.AOW benefits for people with better pensions perspectives should be proportionally discounted if they decided to take their occupational pension earlier than their retirement age for the AOW, he proposed.Self-employedAt the seminar, Heemskerk also said he supported mandatory pensions accrual for self-employed workers “unless they can prove that they have sufficient pensions assets in, for example, their home or their company”.Erik Lutjens, said a high-level pensions agreement was not needed for providing zzp’ers with access to second pillar pensions.Instead, he said it could be achieved through a “simple legal change” aimed at allowing pension funds and low-cost DC vehicles (PPI) to implement pension plans for self-employed workers. The IORP II pensions directive already provided for this, he said.As an alternative, zzp’ers could be forced to join an industry-wide pension fund in their sector, Lutjens said.Meanwhile, the Dutch government has said it doesn’t expect negotiations about pensions reform to restart soon.The largest trade union FNV, for its turn, has announced industrial action, with police officers and port labourers interrupting work for 66 minutes on 13 December.Its aim is to put pressure on the government coalition through the provincial elections in March, as the county councils will then elect the new Dutch senate.last_img read more

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Gold Coast apartment block will earn its new owners big bucks

first_img The three-storey building at 6 Tallebudgera Drive has six apartments. All the apartments have been renovated inside.“It’s all on one title, that’s what makes it really attractive to investors,” he said.“Because it’s all on one title, that’s the only way it can be sold.“Right now you could rent it out for $2500 a week for the whole thing.“It’s perfect for an investment.”Mr Stafford said the owners bought the 549sq m corner property in 2016 then spent about six months renovating the building. “They bought it in a pretty miserable state (so) they vacated the property and renovated it,” he said.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago The building is about 200m from the beach and 500m from Tallebudgera Creek. It is about 200m to the beach and 500m to Tallebudgera Creek with public transport, cafes and restaurants close by.Mr Stafford said there was lots of demand for apartment blocks in the area as opportunities to buy them didn’t come up often.“It’s very rare at the moment,” he said.The unit block will go under the hammer at Ray White Broadbeach’s in-room auction event to be held at the Sofitel Gold Coast Broadbeach on January 23. MORE NEWS: Vacant block hits market for the first time in 40 years Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:40Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:40 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), 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.Close Modal DialogThis 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 Rate1xFullscreenOpen for inspection etiquette for buyers00:41 A Palm Beach apartment block is offering investors a sweet deal.A PALM Beach apartment block metres from the surf is offering its new owners the chance to rake in $2500 a week in rent.The three-storey building at 6 Tallebudgera Drive with six two-bedroom apartments and a manager’s office will go to auction later this month.Ray White Broadbeach agent Mark Stafford said its location and income opportunity made it so appealing, particularly among investors and developers. MORE NEWS: Win a $2.3 million prize homelast_img read more

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West Indies wins final ODI but looses series to India

first_img 21 Views   no discussions Share Share Share Tweetcenter_img NewsSports West Indies wins final ODI but looses series to India by: – June 16, 2011 West Indies team members. Photo credit: dominicapassportThe West Indies have won another one day international against India.The Windies warmed up for the first test against the visitors in an impressive seven wicket success over India in the fifth and final one day international in Jamaica today.Andrew Russel captured four wickets for 35 runs to defeat India for 251, Kody scored 94 runs  Rodi 57.India lost their last wicket for 62. Then Ramnaresh Sarwan hit 75 and Darren Bravo 86 but West Indies appeared to be below the scoring rate.But Samuels with 28 from 25 balls and Keiron Pollard 24 from 13 balls sealed the win for the West Indies with 8 balls to spare.The West Indies scored 255 for 3 whilst India scored 251 however West Indies losing the series 2 games to 3.Dominica Vibes News Sharing is caring!last_img read more

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St. Louis sets donation record for Ronald McDonald House-Cincinnati

first_imgBatesville, In.— To many, a pop tab is just a piece of aluminum that opens a can. But to the folks at the Ronald McDonald House in Cincinnati these pop tabs are a valuable resource. Funds received from the Pop Tab Program last year was $25,000.00. All of that money went towards operating expenses, blankets, bedspreads, sheets, and towels. This year, SLS collected a record total weight of 312 pounds of pop tabs. To date, no other school has contributed that much. Our lifetime total weight (2011 donation weight was unavailable) is 1,984.2 pounds. That’s incredible! As the Cincinnati Ronald McDonald House is expanding, the support becomes even more important as they grow to serve all of the families from around the world that need their care.Continue to save your pop tabs throughout the year. You can drop them off in the office at any time. Thank you for your continued support with the student council Pop Tab program.Submitted by: Janet Wilsonlast_img read more

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NPFL: Rejuvenated Nasarawa United spank Enyimba

first_imgRelatedPosts NPFL: Coach Dogo leaves Sunshine Stars NFF sanctions NPFL 2019/2020 final table Nasarawa United snaps midfield maestro Nasarawa United Football Club recorded another home win in the Nigeria Professional Football League on Sunday by defeating Enyimba International of Aba 2-0 at the Lafia Township Stadium. The News Agency of Nigeria reports that the 2019/2020 NPFL Match Day 21 fixture saw hosts Nasarawa United playing with much more vigour to beat the Enyimba side. They opened scores in the 33rd minute through Chinedu Ohanachom who latched onto the ball parried away by the Enyimba goalkeeper to blast home from close range. In spite of the advantage, the home team attacked with more determination, but failed to break down the Enyimba defence till the game went on break. In the second half, both teams came out with exciting attacking options, but made no breakthrough till the 87th minute. Substitute Dauda Maigishiri received a decent pass from Haggai Katoh to place the ball in the right hand corner of the net to make it 2-0. Fatai Osho, the Head Coach of Enyimba, expressed disappointment over the loss, but attributed it to a change in team selection due to their upcoming continental fixture. Osho said: “We rested some players today (Sunday) bearing in mind we have to play that particular match, and I think in some form that affected our performance today. “But we have to congratulate Nasarawa United because they also worked hard for the victory.”Tags: Chinedu OhanachomEnyimbaNasarawa Unitednpfllast_img read more

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