NAFCU brings to light CUs’ small biz support

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In honor of National Small Business Week, NAFCU Vice President of Legislative Affairs Brad Thaler outlined in a letter to Capitol Hill yesterday the vital services and resources credit unions offer their member small businesses.“Nationwide, many small business owners are members of credit unions and rely on their services to help make their businesses a success. This includes offering resources for underserved borrowers, providing financial relief for small businesses affected by the lapse of government funding earlier this year, or developing financial literacy programs for entrepreneurs exploring their financial options,” Thaler wrote to House and Senate leadership.Thaler also pointed to a 2011 study commissioned by the SBA’s Office of Advocacy that found during the 2007-2010 financial crisis, banks decreased their small business lending, while credit unions increased business lending as a percentage of assets. continue reading »last_img read more

For the first time in history, Croatia Airlines recorded its two millionth passenger in one year

first_imgCroatia Airlines, the Croatian national airline, recorded its two millionth passenger this year.The jubilee passenger is Nancy Kranjčević from Pula, and he was recorded on the regular international flight OU481 Copenhagen – Zagreb. The two millionth passenger in one year was recorded for the first time in the history of Croatia Airlines, ie since the beginning of passenger transport in May 1991, and by the end of 2017 a total of more than 2,100.000 passengers are expected on the Croatian national carrier’s aircraft. during one year in the history of the company.So far this year, Croatia Airlines has recorded a total increase in passenger traffic of 10 percent, with 11 percent more passengers in international traffic and 7 percent more passengers in domestic scheduled traffic than in 2016. The growth of passenger traffic is, among other things, the result of the introduction of four new seasonal lines in May this year – from Zagreb to Stockholm, Oslo, Helsinki and Bucharest, and during this year’s tourist season seasonal flights to Lisbon, Milan, Prague and St. Petersburg continued. Petersburg, which were introduced in 2016. In addition, due to the great interest of passengers, this year’s seasonal flights to Barcelona and Lisbon have been extended to the winter flight schedule 2017/2018, ie they are performed for the first time after the tourist season.Croatia Airlines’ fleet consists of twelve aircraft: four Airbuses 319 (capacity 144 seats), two Airbuses 320 (capacity 174 seats) and six turboprop aircraft Dash 8-Q400 (capacity 76 seats). During this year’s tourist season, two 1000-seat CRJ 100 aircraft were leased.<br />
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Rystad expects no new FPSO contracts in 2020 but sees quick rebound next year

first_imgFor the remainder of 2020, Rystad does not expect to see any new FPSO contracts being awarded. Over the last 10 years, only 2016 saw a lower level of activity when not a single FPSO contract was awarded. Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad Energy believes, as exploration and production firms slash budgets and activity. Categories: Ten years later, the Lula field went on to produce 1 million bpd from nine FPSOs. BW Cidade de São Vicente is currently conducting an extended well test at Farfan in the Sergipe-Alagoas basin. Rystad Energy estimates that the total greenfield capex for Sangomar phase 1 will be around $4.2 billion. Business & Finance Similar to the previous downturn, awards are set to recover next year, with seven projects likely to be sanctioned, according to Rystad. Contract for SNE field FPSO goes to MODEC The vessel, which will be the first FPSO to operate in Senegal, will be supplied on a turnkey basis and feature topsides capable of handling 100,000 barrels per day (bpd) of oil and 130 million cubic feet per day (cfd) of gas. Modec won the only contract so far awarded in 2020 and will supply a newbuilt FPSO for Woodside’s Sangomar development in Senegal. Posted: about 1 year ago BW Offshore received a charter extension for the BW Cidade de São Vicente FPSO which will keep the vessel employed until October 9, 2020. center_img However, from 2016 activity quickly rebounded with 27 awards in the three-year period from 2017 to 2019. The first contract amendment was for Altera Infrastructure’s (previously Teekay Offshore) Petrojarl Knarr, which has been on contract with Shell since 2015. The amendment extends the charter period from March 2021 to March 2022. Under the previous agreement, Shell would pay a penalty if they terminated the contract before 2025. “This time too, we expect to see a speedy comeback in FPSO sanctioning with seven projects expected next year, including Bacalhau and Mero 3 in Brazil and Payara (Prosperity) in Guyana”, says Aleksander Erstad, energy research analyst in Rystad Energy. Now, this termination penalty has been removed in return for a new production and an oil price tariff. The day-rate is also set to fall from March 2021 as low oil prices hurt the field’s profitability. It now seems likely that Shell will shut down the field a few years down the road. Liquids production at Knarr averaged 12,000 bpd in 2019. Aside from new FPSO contracts, three charter contract amendments were disclosed in the second quarter of 2020. Bumi Armada and Shapoorji Pallonji Group also own and operate Armada Sterling II for ONGC, and a third FPSO for KG-DWN-98/2 is currently undergoing conversion work at Sembcorp’s Tuas Boulevard Yard in Singapore. In India, Bumi Armada and Shapoorji Pallonji Group received a notification from ONGC about their intention to extend the charter contract for the Armada Sterling FPSO. Posted: about 1 year ago The FPSO operates as a well testing facility and has performed tests on multiple locations in Brazil since it started working for Petrobras in 2009 as the first production unit in the massive Lula (previously Tupi) field, kickstarting the field’s production. The seven-year fixed portion of the charter contract expired on April 19 and ONGC now has six annual extension options that can be exercised. The length of the current extension is not yet disclosed as contract formalizations have stalled due to the Covid-19 lockdowns in India. last_img read more

Haitian president faces renewed pressure for Duvalier trial

first_img 7 Views   no discussions The administration is facing renewed pressure to bring former dictator Jean-Claude “Baby Doc” Duvalier to justice for human rights abuses committed under his regime.PORT-AU-PRINCE, Haiti, — The administration is facing renewed pressure to bring former dictator Jean-Claude “Baby Doc” Duvalier to justice for human rights abuses committed under his regime.Some 16 Canadian organizations under the grouping Concertation pour Haiti (CPH) have written to President Michel Martelly demanding a “just and fair” trial for the former dictator.“We are also aware that to complete a just and fair trial against Jean-Claude Duvalier and other officials under his command is a huge challenge for the Haitian judicial system,” the group wrote.“We are convinced that can be met with technical support from the international community. If the Haitian authorities send a request to this effect to the government and civil society of Canada, the Concertation pour Haiti will (put) pressure so that an adequate response would be given.”Many individuals and groups, including Amnesty International, have criticised the pace of investigations following Duvalier’s return to Haiti in January this year after 25 years in exile.CPH, in its letter to the president, asked that the government publicly state that it would not interfere in the work of the judicial authorities.It said this would “lead to the end of thorough and impartial investigations into the violations committed during Duvalier’s 1971 and 1986 rule.”“Hold a just and fair trial, would be bring justice to the thousands of victims of Duvalierism and restore confidence in a Haitian justice system strengthened. On the contrary, put an end to the process would confirm the idea that there is no justice in Haiti, even for the worst crimes,” the group said.“We recognize that moving forward is a difficult decision and that many reasons, sometimes of noble appearance, may be invoked to avoid it. But there is no possible escape, because the history has shown that for a genuine reconciliation and national agreement worthy of the name, it is necessary to go through the path of truth, justice and reparation.”The letter is signed by Amnesty International Canada (french section), Quebec Association of International Cooperation Organizations, Faith and Justice Centre, and United Church of Canada among other groups. Caribbean 360 News Tweet Sharing is caring! Sharecenter_img Share Share NewsRegional Haitian president faces renewed pressure for Duvalier trial by: – November 29, 2011last_img read more

Cauayan man hacked dead at his own birthday party

first_imgRoger was detainedand charged. He voluntarily turned himself in to the Cauayanpolice station./PN BACOLOD City – Abirthday party turned out to be the last for a man in Barangay Caliling,Cauayan, Negros Occidental. Juaquino’s olderbrother Roger, 43, was tagged suspect. The 41-year-oldJuaquino Cadongog was hacked dead at his own birthday party, police said.  center_img According to policeinvestigation, the brothers were having a drinking session at the victim’shouse when a heated argument ensued between them. This prompted Roger to hackedJuaquino on the head using an axe. It was notimmediately established what triggered the altercation. last_img read more

Return to Hancock County, Hobo 100 win result in career-best payday for Cornelius

first_imgForty-eight Stock Cars were entered Friday, from four states. Curt Lund made it a back-and-forth battle before Cornelius regained the upper hand. Jake Mas­ters challenged late but couldn’t catch the leader before the checkers flew at the end of the cau­tion-free 25-lapper. Cornelius had started fourth and passed Ned Kalis and then Lund for the lead. Thirteenth starting Matt Speckman, Lund and 14th starting Derek Green completed the top five. Cayden Carter ad­vanced 10 positions to sixth.  “We won there in May and came back with the same setup. We didn’t make any (setup) changes for the feature,” he said. “All we did was put on some not as used tires.”  Feature results – 1. Dean Cornelius; 2. Jake Masters; 3. Matt Speckman; 4. Curt Lund; 5. Derek Green; 6. Cayden Carter; 7. Kelly Shryock; 8. Ned Kalis; 9. Kyle Brown; 10. Gary Pesicka; 11. Chad Palmer; 12. Brian Blessington; 13. Dan Mackenthun; 14. Dusty Van Horn; 15. David Wick­man; 16. Elijah Zevenbergen; 17. Kevin Opheim; 18. Matt Schauer; 19. Jordan Grabouski; 20. Jeff Larson; 21. Calvin Lange; 22. Jeff Mueller; 23. Randy Brands; 24. Heath Tulp; 25. Devin Smith. A first-time Hobo 100 entrant, Cornelius ran second after starting dead last in his heat race. BRITT, Iowa (July 26) – Dean Cornelius came to Britt Friday night with the same setup that had put him in Hancock County Speedway’s victory lane in May.center_img Dean Cornelius banked a career-best $4,300 payday by winning Hancock County Speedway’s Hobo 100 main event for IMCA Sunoco Stock Cars. (Photo by Chad Meyer) Jordan Grabouski topped the $1,000 to win IMCA Modified feature, a 2020 Fast Shafts All-Star Invitational ballot qualifier. He left town with the Hobo 100 IMCA Sunoco Stock Car feature win and a career-best payday of $4,300. Other winners were Bryce Sommerfeld in the IMCA Sunoco Hobby Stocks, Jim Chisholm in the Karl Kustoms Northern SportMods and Oliver Monson in the Mach-1 Sport Compact feature. “I was faster off turn four,” Cornelius said of the duel with Masters. “I knew I’d be all right if I didn’t make a mistake and just kept doing what I was doing.”last_img read more

Aribo ruled out of Rangers’ Europa League tie

first_imgRelatedPosts Ighalo: My best moment as ‘Red Devil’ David Silva recovers from COVID-19 Joe Aribo vows to bounce back from injury Joe Aribo is likely to be unavailable once again when Rangers visit Young Boys today (Thursday).The 23-year-old sat out Saturday’s 5-0 win over Aberdeen after he sustained a head injury in last week’s Betfred Cup win against Livingston. And this game may come too soon for Aribo, who wore a protective skull cap in training on Wednesday.The 22-year-old needed 20 stitches to his head after being taken down by Livingston defender Ricki Lamie when the two sides faced off for a spot in the semi final last week.Aribo was seen bleeding profusely before he was taken off after half an hour of the match in West Lothian and missed Rangers 5-0 win over Aberdeen.At the time of the incident, Rangers manager Steven Gerrard was angry with the challenge.He said: “I don’t think Lamie has meant to do him. I don’t think he’s that type. But in my opinion, it was serious foul play.“There were a few head knocks and couple the last time we played this team as well.“Is it skirting close to dangerous play? You are the people who have to write about that and have an opinion on that. A boy has just gone off with 20 stitches in his head.“Now, I have watched Lamie long enough to know he is not that type of player. I’m not accusing him of anything out of order.“But that is serious foul play because he has led with the elbow and Joe has been caught.”Tags: Europa LeagueJoe AriboRangerslast_img read more

McBurnie signs for Swansea

first_img “I’ve known about the interest for a little while now but it all got finalised pretty quickly and the hard work starts now. “I’m thankful for everything that Bradford has done for me, but when a club like Swansea comes in for you then you can’t say no. “It’s the perfect opportunity for me and the right time to sign. Hopefully I can have a good start for the Under-21s and continue to learn and develop during my time here. “Swansea are now playing Category One games and they are the best fixtures in the country. You want to challenge yourself against the best players and I’m really looking forward to getting started.” McBurnie made his debut for Bradford against Rotherham in the FA Cup in November 2013 and the first of only two league starts followed a month later against the same club. He made a total of 20 appearances for the Bantams, 16 as a substitute, but failed to score and had two loan spells at Chester last season, scoring five goals in 14 games. Swansea have signed teenage striker Ollie McBurnie from Bradford for an undisclosed fee. McBurnie, 19, who made only four senior starts for Bradford, has put pen to paper on a three-year deal and will join the Swans’ development squad. “I’m really excited about getting started,” McBurnie told Swansea’s official website. center_img Press Associationlast_img read more

Ohio seeks revenge on Kent State

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditKent State (18-10, 8-7) vs. Ohio (14-14, 6-9)Convocation Center, Athens, Ohio; Friday, 6:30 p.m. ESTBOTTOM LINE: Kent State goes for the season sweep over Ohio after winning the previous matchup in Kent. The teams last played each other on Feb. 15, when the Golden Flashes outshot Ohio from the field 53.1 percent to 48.2 percent and hit nine more 3-pointers en route to the 87-72 victory. February 27, 2020 SUPER SENIORS: Ohio’s Jason Preston, Jordan Dartis and Sylvester Ogbonda have collectively scored 49 percent of the team’s points this season and have accounted for 54 percent of all Bobcats scoring over the last five games.FUELING THE OFFENSE: Preston has been directly responsible for 53 percent of all Ohio field goals over the last five games. Preston has 35 field goals and 32 assists in those games.STEALING VICTORIES: Ohio is 7-0 when it records 10 or more steals and 7-14 when it falls shy of that mark. Kent State is 10-0 when it tallies at least eight steals and and 8-10 this year, otherwise.STREAK STATS: Ohio has won its last four home games, scoring an average of 76.8 points while giving up 61.3.LOOSENING UP: Kent State’s offense has turned the ball over 12.8 times per game this year, but is averaging 16 turnovers over its last three games. Associated Press center_img Ohio seeks revenge on Kent State ___For more AP college basketball coverage: and was generated by Automated Insights,, using data from STATS LLC, https://www.stats.comlast_img read more

Trojans return home after their first loss

first_imgThe USC men’s volleyball team is looking to rebound from its first loss of the season against Pepperdine as it returns home to the Galen Center after a five-game match trip.Bounce back · Senior outside hitter Tri Bourne looks to lead USC to victory as it hosts defending national champion Stanford tonight. – Daily Trojan file photo The Trojans (6-1, 6-1) were close to beginning their season 7-0 for the first time since 1991, but then-No. 11 Pepperdine managed to eke out a victory in five sets on Friday.In the losing effort, senior opposite Murphy Troy did finish with a season-best 29 kills and broke Juan Figueroa’s old kill record in the rally-scoring era in the process.“It’s cool,” Troy said. “But there are a lot of greats that came before the rally scoring era. It’s definitely cool to pass that mark, but I have to take it for what it is.”The Trojans were without senior middle blocker Austin Zahn, who sprained his ankle in practice during the week.He is expected to be available for tonight’s match against No. 4 Stanford.USC hit a season-low .292 for the match against Pepperdine, while the Waves hit .550 and .706 in the closing sets respectively.“They passed it well and they could run the attack out of the middle,” said USC coach Bill Ferguson. “It’s going to be tough if they can do that.”The Trojans have had three full days to regroup after the loss.“We’re just moving forward and continuing to improve,” Ferguson said. “We’re working on attacking, which was not as good as usual against Pepperdine.”The Cardinal (9-3, 6-3) were also victims of the disparity in the conference.They were upset at the hands of unranked UC San Diego at home on Friday in a five-set match as well.Stanford is also the defending NCAA champion.“There’s a big rivalry here, and that’s not just because of the level of play,” said senior setter Riley McKibbin. “Many of us — the Hawaiian guys especially — have known the Stanford guys since we were little.”The Cardinal rely on tough defense and precise passing and are ranked second in the conference after the Trojans in digs per set.“We have to be patient attacking them,” Ferguson said. “They’ll dig a lot of our hits.”Although the Trojans were handed their first loss of the season, they have not let it stand in the way of the methodical process they came into the season with.“We can’t do anything outside of ourselves,” McKibbin said. “The Pepperdine loss was just one mishap. We need to focus on how we usually play, because then we’ll be successful.”last_img read more