Harvard Kennedy School’s Shorenstein Center announces spring 2011 fellows

first_imgThe Joan Shorenstein Center on the Press, Politics and Public Policy, located at Harvard’s John F. Kennedy School of Government, is pleased to announce its spring fellows.“We start the spring semester with, as usual, a very strong group of fellows, ranging from experienced journalists — foreign and domestic — to a distinguished journalism educator,” said Alex S. Jones, director of the Shorenstein Center.Five Shorenstein fellows will spend the semester researching and writing a paper, and interacting with students and members of the Harvard community.last_img read more

Mendoza considers possibility of capping future enrollment in business programs

first_imgThe recent surge in enrollment in the Mendoza College of Business may lead to the employment of an algorithm that will limit the number of students who may declare each major in the college, Assistant Dean Samuel Gaglio said. An algorithm has been in place for the past three years but the college has not yet had to force students to take their second choice of major. Gaglio said some of the majors, such as finance, are currently close to their capacity. Senior A.J. McGauley, chair of the Academic Affairs Committee, said he is concerned about students leaving Mendoza if they are not able to study their first choice. McGauley said the college denied an appeals process he suggested. “They refused to set up an appeals process on the premise that if you set it up, everyone will use it,” he said. “I completely understand, but from my point of view, I’m trying to defend the students.” McGauley said while the committee does not agree with all aspects of the algorithm, they recognize it is the only solution under current circumstances. “We need to have the problem of over-enrollment actually manifest before we can start dealing with long-term solutions,” McGauley said. The college will determine whether the algorithm will be used next year after current sophomores in Mendoza declare their majors by Feb. 18. Difficulties began last spring, when a larger-than-expected number of students entered the college and quickly filled a number of required introductory-level classes. Gaglio said he builds class capacities before freshmen are asked to declare a major. As a result, a lot of predicting goes into creating a schedule and cap for the following fall semester. “We use the history to predict the future,” he said. “But last year’s class didn’t follow the usual pattern.” The staff at Mendoza worked diligently with the students who were not able to register for necessary classes, and Gaglio said his office was able to accommodate everyone. Gaglio said one likely reason for the growth of Mendoza is the college’s ranking as the No. 1 undergraduate business school in the country, according to BusinessWeek. Last year’s ranking was published shortly before freshmen were asked to declare a college. “It’s a real possibility,” Gaglio said. “We’re planning for some additional capacity for this coming fall based on that possibility.” McGauley said the economy could be an influence on students’ decisions to enter Mendoza. “It’s not as much business is up, as it is arts and letters is down,” McGauley said. “People feel the need to get, for lack a better word, a more useful degree.” Gaglio said that because the University cannot control the rankings or the economy, it is difficult to predict the number of students who are going to declare Mendoza as their chosen college. “Is this pattern going to continue or is it going to stabilize or is it going to decline?” Gaglio said. “We can’t change the factors, so we have to be prepared.”last_img read more

Three Manufacturers Authorized for Vermont Job Creation Incentives

first_imgBioTek Instruments,Firms could create 238 jobs over next five yearsMONTPELIER, Vt. – A start-up company; a long-time Vermont manufacturer; and a Canadian firm have been authorized to earn $1.7 million worth of incentives that could produce 238 new jobs over the next five years. At its recent meeting, the Vermont Economic Progress Council gave initial approval for incentives totaling up to $795,139 for joint venture ASK-in TAG, LLC to potentially establish a facility in Essex to develop and manufacture radio frequency identification documents such as enhanced driver’s licenses. The Council also gave initial approval for incentives totaling up to $246,051 to persuade Quebec-based BEMAG Transformers to open a U.S. facility in St. Albans to manufacture dry-type transformers.  Final approval of up to $692,854 was given to BioTek Instruments, Inc., a Vermont company that makes laboratory instrumentation and software, for a potential expansion in Winooski.”These projects represent opportunities in value-added manufacturing and the knowledge-based economy that could create many great jobs,” said Karen L. Marshall, Chairwoman of the Vermont Economic Progress Council.”These incentives provide the State of Vermont with a real leverage point to encourage growth in new sectors, even while we are experiencing the pain of cutbacks in other industries,” Marshall said.ASK-in TAG is a joint venture between ASK of France and WS Packaging of Wisconsin.  The joint venture is seeking to establish a development and manufacturing facility to serve the growing market in radio frequency identification (RFID) documents. The project will produce enhanced licenses for several U.S. states, event entry cards such as those produced for the recent Olympic events, mass transit cards, and RFID passports for several countries. The company is also considering a location in Ohio, where joint venture partner WS Packaging has an existing facility.”ASK-in Tag is very appreciative of the State of Vermont’s offer of tax incentives. The people at the Vermont Economic Progress Council have been extremely helpful,” said David Uland, Senior Business Development Manager for WS Packaging. “We are still in the process of reviewing potential manufacturing sites and expect to reach a decision by mid-January.”BEMAG Transformer produces dry-type transformers in Farnham, Quebec, where they have outgrown their facility. The company is considering expansion in Canada or Plattsburgh, New York to serve a larger market including the Northeast U.S.  The new facility will employ innovative manufacturing practices and equipment developed and built in-house by BEMAG engineers, enabling greater efficiency and reliability.  “We are pleased with this initial approval.  VEGI’s important cash incentives are key in our decision to locate our new US operation in St. Albans, Vermont.   Our new company, VERMONT Transformers, Inc. will have the opportunity to significantly expand its Canadian market and to begin to exploit the lucrative and essentially untapped billion dollar US market,” said Christian Roberge, Vice President and CFO of BEMAG Transformers.BioTek is a family-owned, Vermont company that was started by UVM professor Dr. Norman Alpert in 1968. BioTek has grown to be a global leader in the development, manufacture, and servicing of microplate instrumentation, automation, and software.The company has doubled in size during the past five years and expects similar future growth which cannot be supported in their current facility. The firm is strategizing for long-term growth and has received relocation offers from North Carolina and Virginia.”Despite the world economic challenges we at BioTek remain very optimistic about the future,” said Briar Alpert, President and CEO. “We compete in a global economy and correspondingly to be successful we must produce the best value for our customers if we are to prosper.””With the Vermont Economic Growth Incentive Program, Vermont now has a tool that increases the likelihood that a company located within the state can grow and compete and win against world-class companies located anywhere in the world,” Alpert said.In other actions, the Council gave final approval for a project by Tata’s Natural Alchemy in Shoreham. An initial application was approved in December 2007.  The Council also denied a final application submitted by Vermont Wood Energy Corporation, for a project that was initially approved in July. The Council determined that the revised application, which materially and substantially changed the project, did not meet the program criteria.Under reforms proposed by Governor Jim Douglas in 2006 and passed by the General Assembly, the VEGI economic incentives are authorized based on job creation and capital investments that must occur before the company earns the incentives and then the company receives incentive installments over a period of years. The four authorized companies are eligible to earn a maximum of $1,965,575 in job creation incentives over five years only if they meet and maintain payroll, employment and capital investment targets each year. BEMAG and ASK-in TAG must also submit Final Applications for consideration by the Council.The previous incentive program had companies earning tax credits that were applied against future tax liability.The Council approved the applications after reviewing nine program guidelines and applying a rigorous cost-benefit analysis which showed that because of the economic activity that will be generated by these projects, even after payment of the incentives the State will realize a minimum net increase in tax revenues of $1,626,657 over five years.The Council also determined that these projects would not occur or would occur in a significantly different and less desirable manner if not for the incentives being authorized.The Vermont Economic Progress Council is an independent board consisting of nine Vermont citizens appointed by the governor that considers applications to the state’s economic incentive programs.The Council is attached to the Vermont Agency of Commerce and Community Development, whose mission is to help Vermonters improve their quality of life and build strong communities.For more information, visit:www.thinkvermont.com/vepc(link is external)last_img read more

‘Bearish Fundamentals’ Diminish Hopes for U.S. Coal-Export Renaissance

first_img‘Bearish Fundamentals’ Diminish Hopes for U.S. Coal-Export Renaissance FacebookTwitterLinkedInEmailPrint分享SNL:The export market for U.S. thermal coal continues to gain strength but is likely only a temporary boost given the bearish long-term fundamentals for domestic consumption, several speakers at an industry event said Dec. 5.Emily Medine, a principal with Energy Ventures Analysis, said at the American Coal Council’s annual Coal Trading Conference in New York that the thermal coal sector remains “challenged.”Medine cited a surplus of natural gas, lack of growth in power demand, wind production tax credits, a strong U.S. dollar, continued regulatory pressure and public perception against coal.The export market for U.S. thermal coal continues to gain strength but is likely only a temporary boost given the bearish long-term fundamentals for domestic consumption, several speakers at an industry event said Dec. 5.Emily Medine, a principal with Energy Ventures Analysis, said at the American Coal Council’s annual Coal Trading Conference in New York that the thermal coal sector remains “challenged.”Medine cited a surplus of natural gas, lack of growth in power demand, wind production tax credits, a strong U.S. dollar, continued regulatory pressure and public perception against coal.Paul Bailey, president and CEO of the American Coalition for Clean Coal Electricity, highlighted declining load growth as among the many challenges facing the thermal coal sector.“In the old days, the pie got larger and everyone’s piece got larger, but the pie is not getting larger, so load growth is really having a profound effect on the coal fleet,” Bailey said.More: ($) Bearish fundamentals dim long-term prospects for coal, industry players saylast_img read more

5 critical components of an effective member engagement strategy

first_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Frank Koechlein Frank Koechlein is the President at Empower Your Analytics and coauthor of the marketing resource book “The New Marketing Analytics”. Frank has over 40 years of marketing experience in the … Web: empoweryouranalytics.com Details It’s that time of year when you are no doubt finalizing your marketing strategy for 2020 and establishing member growth goals.  Member growth goals are the net result of new members acquired and members lost over the year through attrition.  If you currently don’t have a formal member engagement program, establishing one in 2020 could have a more substantial impact on your member growth than acquisition marketing.Why do members leave? The leading reason stated by members leaving their credit union is the institution’s perceived lack of proactivity to provide financial advice.  Research conducted by Customer Experience Solutions (CES) cites this as the primary reason members switch financial institutions.   As per the research, 1 in 3 members indicated this was their primary reason for leaving.The financial impact of this failure to deliver adequate advice and guidance can be substantial and many times not readily apparent.  Accenture research, among others, puts the average annual attrition rate for financial institutions at approximately 11%.  However, a weak spot for some credit unions comes in the member’s first year where it’s estimated that between 20-25% of new members will leave. This clearly points to the financial institution’s inability to engage its newest members.To complicate things further, member attrition is not always easy to identify.  Some members will leave your institution and not close their accounts.  This means you have not only lost the opportunity to engage these members but you have incurred the added expense of carrying their dormant accounts.It’s not all bad news. Now that you understand the challenge; creating an effective member engagement strategy can leverage the core strengths of your organization matched with many new service distribution technologies. In fact, the same Accenture research highlighted that 46% of members are receptive to the idea of using robo-advice as a service delivery option.Here are 5 areas to look at when creating an effective member engagement strategy for 2020.Onboarding. New members are excited at the possibilities of banking with a new credit union.  A sound engagement strategy will look to deliver on your value proposition, as well as, gather information regarding their financial/lifestyle goals and service preferences.  These can help you create ongoing personalized messaging and the most effective ways to deliver it.Content. Many financial decisions by members are focused around life events; marriage, childbirth, graduation, divorce and moving to name a few. Effective advice focuses on the needs of members as they navigate their way through life and then matching these needs to the products and services offered by your institution.Products. Do your products and services support member goals? Are there gaps in the services you offer that force some member segments to look for solutions at other institutions.  It is important to match specific member needs with services offered.  In fact, many credit unions are replacing product brochures with “segment” brochures.  These point-of-sale materials help branch associates work with members to identify their individual financial needs and then find the right solutions.Service Delivery. Members have busy lives and if it is difficult for them to get the information they need or to conduct account transactions, they will begin to look for another more convenient institution.  It is important to identify these “pain points” and to address ways to better engage your members.  A critical place to start is your credit union’s website.  The CES research looked at bank and credit union websites; the key take-away is that most financial institutions fail to realize their site’s potential for engaging members.  For example; 1% had a dedicated support page, 6% had easy to find FAQs, 100% of the sites surveyed directed members to call the service center and the average website had a staggering average page count of 337.Member Data. At a time when many members prefer not to come into the branch, member data is the new way of getting to know your remote service members.  Member data can drive appropriate remote communications to specific segments of members, creating a more personalized experience.  Member data also provides the fuel to run a more formalized member engagement program. This type of data marketing/sales platform can provide information to branch associates to support one-on-one interactions or drive broader member marketing campaigns.With the average cost to acquire new members estimated to be between $300-$600, it is critical to have a member engagement plan in place to maximize this investment. Delivering on your brand promise by engaging with your members supports the financial well-being of your credit union and that of your members.last_img read more

APIs: Bridging the gap in case management systems and denied party screening

first_imgIn recent years, APIs have served as a primary catalyst for expanding some of today’s most innovative technologies. In simple terms, APIs—or application programming interfaces—allow different software applications to communicate with each other. The practicality and usefulness of this type of communication is boundless, and has driven key innovations in payments, online shopping and social media platforms.For businesses, the utility of APIs goes even further, allowing their native systems to “plug in” to helpful third-party technologies that supplement their processes and automate their work. And there is no better use case for APIs for businesses than the world of denied party screening.Saving Time with Modern Sanctions Screening ToolsDenied party screening, also known as watch list screening or sanctions screening, is a complex regulatory requirement prevalent to financial institutions, money services businesses, insurance and logistics companies, and other businesses identified under the USA PATRIOT Act. And while denied party screening requirements are not new, the intricacy and speed with which modern screening tools are expected to perform has increased drastically. Businesses of all sizes and industries are expected to remain compliant by conducting screens of every single transaction or interaction—in real time—without delaying the experience for the customer. That’s a tall order to fill. Luckily, that’s where modern sanctions screening tools get it right. Most sanctions screening solutions worth mentioning have incorporated two key best practices:Whitelisting: The ability to identify and clear previously approved names from watch lists. For example: Jon Smith makes a transaction at a business, and his name is flagged through the screening process as a wanted money launderer named John Smith. After review, it is determined that Jon Smith and John Smith are two distinct individuals, so Jon Smith’s name is cleared. Jon’s name has now been whitelisted; so, when Jon makes his next transaction, the system will not flag him for another manual review.Blacklisting: The automated nature of flagging particular individuals who are on a watch list or might pose an increased risk to your organization. PEPs, or politically exposed persons, are a great example of this. Let’s use Jon as an example again: Jon has recently gained political acclaim, and thus is at an increased risk of money laundering practices. If an organization has determined that doing business with Jon poses too great a risk, it can blacklist his name. Any future interaction between Jon and the organization will automatically be denied.The use of automated whitelisting and blacklisting in denied party screening greatly reduces the amount of time compliance professionals take to review and clear individuals who are flagged in the screening process. Today’s top sanctions screening systems can automate and retroactively apply whitelisting and blacklisting practices within the solution.When Businesses Have Their Own Case Management Systems Some companies in need of automated screening tools are hesitant to use third-party applications because they already have an established case management system at their disposal. The value of these “homegrown” case management systems often extends beyond the realm of risk and compliance by streamlining workflows, incorporating IT ticketing or escalating and delegating tasks across the organization. For companies with these established systems, outsourcing to a third-party provider that deals exclusively with compliance doesn’t make sense. However, most native case management systems do not incorporate the whitelisting and blacklisting elements of third-party screening solutions that save so much time and headache.And that’s where APIs come into play.Specifically, REST (Representation State Transfer) APIs allow native case management systems to utilize the whitelisting and blacklisting elements of top screening solutions. That means that companies can incorporate best practices in denied party screening without sacrificing an established case management system.APIs Deliver Clear Audit TrailsA big part of remaining compliant is proving that you are, indeed, compliant. Auditors and regulators want to see a clear, concise audit trail for businesses on the hook for sanctions screening regulations. Luckily, APIs help in this arena, too. APIs allow organizations to maintain an established audit trail within their case management systems, documenting each review and determining which employee conducted that review and how the review was resolved. This type of transparency is exactly what auditors are looking for and will certainly take the stress off compliance leadership.Though APIs allow seamless interaction between our favorite social media and online shopping sites, they also are bridging the gap between established case management systems and high-powered denied party screening solutions. This “best of both worlds” approach has become increasingly popular with larger organizations whose case management systems are not as equipped to deal with the burdens of real-time sanctions screening.Learn More About APIs in Watch List ScreeningFor a more in-depth look at the role of APIs in watch list screening, read our Fueling Modern Risk Mitigation with APIs white paper. 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,James Ferguson James Ferguson serves as vice president of CSI’s Regulatory Compliance Group. Web: www.csiweb.com Detailslast_img read more

Exclusive: Unauthorized Look at First Draft of Trump’s Inaugural Address!

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York By Arnold Dodge“Stupidity combined with arrogance and a huge ego will get you a long way.” -Chris LoweFresh off his stunning triumph in South Carolina and heading into the Nevada caucuses with his ego on steroids, Donald Trump is planning to run the table and knock all those losers out of his way to the White House. Thinking ahead like the great executive he claims to be, he’s already got his people working on his inaugural address and we’ve obtained an exclusive look at an early draft.He plans on delivering a barn burner that will levitate the citizens to places they’ve never been before.Trump has ordered his handlers to produce a speech that fits his style yet sounds presidential. Key phrases and quotes from previous presidents have been forwarded to his trailer, the one he uses while on the road (flown in by helicopter for photo ops). He responds to each item and his ghost writers weave his responses together to create the inaugural address of a lifetime.Inside sources have revealed the work in progress, including the original material and Trump’s reactions.Maya Angelou read a poem before President Obama’s inauguration, which included these lines:“Freedom shines. A loud bell tolls the moment. We are astride a wondrous day.” Trump favors inviting Ted Nugent to share some of his thoughts, including: “I have busted more hippies’ noses than all the narcs in the free world.”From President John F. Kennedy’s stirring command: “Ask not what your country can do for you, ask what you can do for your country.Trump’s reply: “Asking is for low energy people. Just take it.”President Franklin D. Roosevelt consoled an anxious America: “The only thing we have to fear is fear itself.”Trump’s version: “Fear is a great motivator. All my employees are afraid of me, and I’m a billionaire. The only thing to fear is not having a pair.”During the Civil War, President Abraham Lincoln delivered his Gettysburg address: “Four score and seven years ago our fathers brought forth on this continent, a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal.”Trump interpreted it this way: “Fourteen months and five days ago I wasn’t even a politician. Now I’m the kick-ass president. Lincoln, who I knew personally, had some great lines. All men are created equal. The women? They love me.”President Woodrow Wilson defended the Bill of Rights: “I can imagine no greater disservice to the country than to establish a system of censorship that would deny to the people of a free republic like our own their indisputable right to criticize their own public officials. While exercising the great powers of the office I hold, I would regret in a crisis like the one through which we are now passing to lose the benefit of patriotic and intelligent criticism.Trump’s interpretation: “Whatever.”President Ronald Reagan enunciated his conservative principles this way: “Government is not the solution to our problems, government is the problem.”Trump’s response: “I’ll tell you what the problem is: China is ripping us off. Mexico and Japan are robbing us blind.”President Bill Clinton explained what went on in the Oval Office: “I did not have sex with that woman . . .”Trump would put it this way: “I did have sex with that woman.”In President James Monroe’s inaugural address, he said: “It is by a thorough knowledge of the whole subject that [people] are enabled to judge correctly of the past and to give a proper direction to the future.”Trump’s promise: “You’d better believe my nominee for the Supreme Court will judge correctly. If not, I’ll fire him.”President Martin Van Buren emphasized humility: “All the lessons of history and experience must be lost upon us if we are content to trust alone to the peculiar advantages we happen to possess.”Trump exuded: “I built a beautiful business. No debt and amazing cash flow. I am content that I know everything. Trust me.”President James K. Polk proclaimed: “Well may the boldest fear and the wisest tremble when incurring responsibilities on which may depend our country’s peace and prosperity, and in some degree the hopes and happiness of the whole human family.”Trump would tell the nation: “People fear and tremble when they see me coming. That’s the kind of leader who will make this country great again for the whole human family, minus the immigrants.”On behalf of working people, President Benjamin Harrison said: “I pity the man who wants a coat so cheap that the man or woman who produces the cloth will starve in the process.”Trump responded: “Listen, starvation is a way of life for some people.”President Woodrow Wilson counseled patience: “One cool judgment is worth a thousand hasty counsels. The thing to be supplied is light, not heat.”Trump put it this way: “I’ve made thousands and thousands and thousands of impulsive decisions. I win every time. My secret? Keep people in the dark and turn up the heat.”President Lyndon B. Johnson focused on American values: “If we succeed, it will not be because of what we have, but it will be because of what we are; not because of what we own, but, rather because of what we believe.”Trump expressed his values this way: “I’m worth $9 billion. I will be converting the White House into what will be the most magnificent Trump Tower in the world. Melania is already redesigning the interior. Wrap your burritos around that, Mexico.”President James Madison defended the free flow of information: “Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives.”Trump defended his own power: “I beat the governors. I even beat the senators. Now they’re bellyaching. I’m the one armed with power now. You’re gonna love me as your president. Case closed.”Arnold Dodge, PhD, is an associate professor of education at the C.W. Post campus of Long Island University, where he serves as the Chairperson of the Department of Educational Leadership and Administration. Dr. Dodge is a former teacher, principal and superintendent. In his forty-fifth year in education, Dr. Dodge is particularly focused on the effects of high-stakes testing on schools.last_img read more

ShanghaiPRIDE halts its 12-year ride over ‘safety’

first_imgChina’s longest-running LGBTQ group, ShanghaiPRIDE, has said it is stopping all its activities and events “to protect the safety of all involved”.The Shanghai-based group holds an annual festival that aims to raise awareness for China’s gay community, as well as running a series of social and cultural events through the year.But in a statement on Thursday night posted on its official account on social media platform WeChat, organizers said they were “cancelling all upcoming activities and taking a break from scheduling any future events.” But in recent years the LGBTQ community has been facing extra pressure in China.Online content in socially-conservative China is subject to heavy and often arbitrarily applied censorship, especially content depicting LGBT people.In recent years, censors have muted discussions on social media, banned homosexuality in films and even prevented the sale of rainbow-themed items online.Demands to make gay marriage legal have not been met despite growing support and an overhaul of the marriage law earlier this year.Homosexuality was only decriminalized in China in 1997 and was classified as a mental illness until as recently as 2001. ShanghaiPRIDE had already postponed a series of earlier events this year due to the coronavirus pandemic.But future events including a Pride Festival, a series of forums, and a Red Ribbon charity dinner in December, will all be cancelled. One of the co-founders, Charlene Liu, later said that “the decision was difficult to make but we have to protect the safety of all involved”.   “It’s been a great 12-year-ride and we are honored and proud to have traveled this journey of raising awareness and promoting diversity for the LGBTQ community,” she wrote in a separate statement.Founded in 2009, the Shanghai group is the nation’s longest-running Pride event and held its twelfth annual Pride festival in June, including forums, a Pride run, Rainbow Bike Ride and a series of film screenings. Its website lists partners for this year as including the Consulate-Generals in Shanghai of Australia, British, Canada, Norway, Denmark and the Netherlands, while corporate sponsors include US computing giant Microsoft.center_img Topics :last_img read more

Outcast Mesut Ozil paid £8million loyalty bonus by Arsenal

first_imgAdvertisement Advertisement Comment Arteta has frozen Ozil out (Picture: Pool/Getty)His contract contains appearance-related bonuses, which he is not receiving while on the sidelines.Whether he plays again for Arsenal remains to be seen.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalHaving already been left out of the Europa League squad, he could find himself out of Arsenal’s Premier League squad. Arsenal will submit their squad list ahead of October 20 once the domestic transfer window has shut.Will Ozil play for Arsenal again?Yes0%No0%700+ votes so far…Share your resultsShare your resultsTweet your resultsFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Metro Sport ReporterTuesday 13 Oct 2020 9:54 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link370Shares Outcast Mesut Ozil paid £8million loyalty bonus by Arsenal Ozil has been handed a loyalty bonus (Picture: Arsenal FC via Getty)Mesut Ozil may not have played a minute of football for Arsenal since Project Restart but he was still handed an £8million loyalty bonus last month, reports claim.Despite being the club’s highest-paid player, Ozil has been cast aside by Gunners boss MIkel Arteta and he wasn’t even registered for their Europa League squad. Arsenal were keen to move him on this summer but the Germany international has been insistent that he wants to see out the final year of his contract.While the Gunners are keen for him to leave, they still were forced to pay him a significant sum after a loyalty bonus was placed into his 2018 contract extension, according to The Athletic. AdvertisementAdvertisementADVERTISEMENTWhen signing a new three-and-a-year deal that January, Arsenal were determined to keep the German World Cup winner and handed him a heavily incentivised deal worth £350,000-a-week. Although Arsenal chiefs had to fork out £8m for him staying at the club, they are saving significant sums of money by not playing Ozil.last_img read more

Can Interpol catch former Turks and Caicos premier?

first_img Sharing is caring! Share Share 13 Views   no discussions NewsRegional Can Interpol catch former Turks and Caicos premier? by: – March 28, 2012center_img Share MIAMI, USA — Former Turks and Caicos Islands premier Michael Misick is now wanted internationally for questioning in relation to corruption allegations by officials in the TCI, as reported here. The investigation, which has already resulted in the arrest of other former government ministers, centers on the allegedly fraudulent distribution of Crown land and related allegations of bribery and money laundering. Michael MisickAn arrest warrant has been obtained in the TCI and a ‘Red Notice’ authorised by Interpol for Misick’s arrest but he has reportedly fled to an undisclosed country and is seeking political asylum from what he claims is political persecution. According to Florida attorney Michelle Estlund in a recent article, at first glance, the superficial observer of all matters Interpol would dismiss the matter as being prohibited by Interpol’s constitution, since Article 3 requires that the Organization not “undertake any intervention or activities of a political, military, religious or racial character.”Given that the allegations against Misick stem from his tenure in office, the question of Interpol’s involvement should end there, Estlund hypothesises.“Not so fast,” she says. “The question of political motivation requires a look at all the circumstances involving the allegations, as well as a review of the political landscape and history of the requesting country.”Additionally, the relationship between the subject (Misick) and the requesting country must be considered along with their respective activities. “If the true overriding basis for the Red Notice is the underlying criminal charge, then a challenge to the Red Notice likely will not succeed,” Estlund says. By Caribbean News Now contributor Tweetlast_img read more