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first_imgIf there is one thing we can learn from Albania, it is how the law is enforced, at least in this case. And where is Croatia in this story? Wild illegal construction? Construction along the coast? We have simply legalized illegal construction. Photo by El Pais / Source: Večernji list, N1, El Pais The owner of a restaurant in Porto Palermo, a popular resort in southern Albania, has been arrested after attacking three tourists from Spain and two Albanians. But the most important thing about this story is how the Albanian authorities during the investigation established that the owner of the restaurant did not have a work permit and that no tax had been paid for three years. Prema jednoj verziji priče vlasnik je turiste napao jer nisu platili račun, a druga verzija kaže da je “poludio” kad su se gosti požalili na lošu hranu i uslugu. Koja god verzija bila točna, svakako nema opravdanja za ovakvo ponašanje prema gostima. Usluga je alfa i omega u turizmu. The reaction that followed should be an example to our authorities. Authorities simply bulldozed the restaurant. A clear message to all those who do not pay taxes. Source: El Paislast_img read more

first_imgSky Sports has announced 25 of its 64 matches will be free-to-air on its Pick channel, while the BBC has the rights to screen four games on terrestrial TV.It will be the first time the BBC has shown any live English top-flight action since 1988. Amazon will make its four Premier League matches in the remainder of the 2019/20 season free-to-air as broadcasters prepare for the return of the English top-flight.The Premier League is set to resume behind closed doors on June 17 after being suspended since March due to the coronavirus.All 92 remaining fixtures will be televised live and Amazon has a small package of games. Topics :center_img Unlike earlier this season, fans will not need a Prime membership to watch fixtures on the online platform.”Like the rest of the country, we are excited to see the Premier League return to action,” said Alex Green, managing director of Prime Video Sport Europe.”We will be making all four of Amazon Prime Video’s additional fixtures in the 2019-20 season available free of charge. Fans will not need a Prime membership to view the games on Prime Video.”The online streaming service entered the competitive Premier League live rights market in 2018, changing the landscape of British sports broadcasting.last_img read more

first_imgThe run-up to UK’s general election on 8 June may very well be dominated by one topic – Brexit – but that has not stopped the country’s pension funds from listing their preferred priorities for the next government.The Pensions and Lifetime Savings Association (PLSA) has called for political parties to include six pension-related topics in their manifestos, including helping defined benefit (DB) schemes to merge, increasing the minimum contribution for auto-enrolment schemes, and simplifying the state pension.Graham Vidler, director of external affairs at the PLSA, said: “The next government needs to consolidate the growth of workplace pensions, increasing the reach of automatic enrolment and setting out a plan to raise contribution rates. It also needs to make it easier for schemes to make DB pensions sustainable.“Above all, it needs to build public confidence in the system, helping the industry fight scams and deliver the retirement choices savers want, while resisting the temptation for further raids on the pensions tax relief piggybank.” The UK’s first-pillar pension system has already hit headlines since prime minister Theresa May called the election two weeks ago.Of particular focus is the so-called ‘triple lock’, which promises an increase every year based on inflation, average earnings growth, or 2.5%, whichever is highest. Recent reports have suggested that this could be changed to reduce the financial burden of the state pension.A government-commissioned report by John Cridland, former director general of the Confederation of British Industry, recommended that the triple lock be scrapped and the state pension age increased to 68. It is due to rise to 67 by 2028 under current legislation.The PLSA said the state pension was “affordable without further increases to the state pension age” but agreed that the triple lock should be replaced with “a simpler, fairer, and more affordable uprating mechanism” linked to average earnings growth.Consultancy firm Mercer also backed calls for parties contesting the general election to be explicit in their plans for the state pension. Tony Wood, UK leader of Mercer’s health and benefits business, said John Cridland’s review “goes to the heart of many of the core issues raised in the current election campaign”.“However there appears to be a distinct lack of commitment to the recommendations,” he added. “People need to plan well in advance, to be able to make the most of living and working longer, and it is imperative that all the recommendations of this review are addressed by those forming our new government and not kicked into the long grass.”The government was due to discuss the state pension next week, but parliament has been dissolved ahead of the 8 June poll and no more policy work will take place until the next government is formed.The PLSA listed five more areas of focus, including DB scheme consolidation. The trade body is a vocal advocate of schemes working closer together to reduce costs and improve governance, and has proposed the creation of “superfunds”.It said: “The government should bring forward legislation to reduce burdens and enable pension schemes to share services or to merge, delivering better returns, saving money, and improving governance. This will mean a greater chance of members receiving their benefits. It will free employers to focus on corporate growth and it will return public confidence to the system.”On auto-enrolment, the PLSA called for overall minimum contributions to be increased to “at least 12% of salary” by 2030, as well as extending the policy so it applies to workers aged between 18 and 21, self-employed people, and people in multiple jobs.The trade body also recommended an authorisation regime for pension funds to reduce the risk of members transferring into fraudulent schemes. It called for improved help for members at retirement, and for the next government to review the pension tax relief system to ensure it is sustainable and incentivises saving.last_img read more

first_imgGrande is the only applicant mentioned who has significant experience of top leadership at NBIMThe investment strategist, on the other hand, is someone who can give advice to the Finance Ministry on how to develop the asset allocation for the fund, Henriksen said.“Trond Grande most definitely falls into the first category,” he told IPE, adding: “He is effective at execution and has done a superb job as deputy CEO.”Choosing Grande would probably signal that there would be no major shifts in the investment strategy of the GPFG, he said.“And, in particular, that we can not expect that the manager, Norges Bank, promotes such initiatives vis-a-vis the Ministry of Finance, which decides the investment strategy,” said Henriksen.Although the job of CEO at NBIM is one of the most powerful money management roles in the world, one source in executive search warned that securing it was not without its career risks – especially for younger professionals with a longer path ahead of them.“One thing you have to consider is reputation risk here. If something does not go according to plan – for example in tech, cyber security or decisions related to investment or decarbonising – and it’s on your watch, you could find it hard to get a job anywhere else,” the source warned.But is it also possible that the new CEO will be someone who is not even on the applicant list just published. When asked by IPE whether this could happen, a spokesman for Norges Bank said: “It is always possible for the executive board to consider applications after the deadline.” Yngve Slyngstad announced last October that he would step down after 12 years as chief executive. He will carry on working at the organisation and relocate to London.The all-male list of contenders includes Thorbjorn Gaarder, whose occupation is listed as chief credit officer; Jake Tai, a senior consultant in a financial services advisory business from Singapore; sales manager Yngvar Willy Andersen, and senior investments project manager Pål Renli from Snarøya in Norway.Other candidates are Anders Halberg, a director residing in the UK, and Olav Bø.Alongside Grande, Bø is the only other employee of Norges Bank on the list, and is currently executive director of markets and ICT.But Grande is the only applicant mentioned who has significant experience of top leadership at NBIM, and according to one Norwegian source with knowledge of NBIM’s practices, his appearance on the list probably means he has effectively been chosen already.Grande was appointed deputy CEO in February 2011, and regularly appears as the most senior leader of NBIM at press conferences, for example.He originally joined NBIM in November 2007 as global head of risk management, and between October 2014 and January 2016 he had day-to-day responsibility for the real estate organisation.Before joining NBIM, Grande spent 11 years at the asset management arm of Norwegian financial group Storebrand, in roles including senior vice president finance and senior vice president financial risk management.According to Espen Henriksen, associate professor of Financial Economics at BI Norwegian Business School, Norges Bank is likely to have considered three very different profiles for the job of CEO in its recruitment process – the manager, the stock picker and the investment strategist.The first is a good administrator but not someone who necessarily has fund management skills, he said, in line with the oil fund’s first chief executive, Knut Kjaer.Slyngstad is an example of the second type, being experienced in asset management, he said. The manager of Norway’s giant sovereign wealth fund has published a list of the eight candidates applying to be its next chief executive officer, including the current deputy CEO.Norges Bank Investment Management (NBIM), which manages the NOK10.5tn (€1tn) Government Pension Fund Global (GPFG), said eight people had applied for the top role by the deadline of 21 February.It named seven of them but withheld the name of one applicant who it said had been granted exemption from public disclosure.“Norges Bank is now proceeding with the recruitment process,” NBIM said.last_img read more

first_imgBy Chris Rotolo |SHREWSBURY – Can we do more to impact the community in a positive way?This is the question David Levy posed when he accepted the role of president at the Guild of Creative Arts (GCA), as he considered how the 58-year-old nonprofit artist cooperative at 620 Broad St. could influence and extend its reach.For Levy, the GCA was more than a celebrated showroom or heralded hub of creativity for local artists developing ideas.The facility presented Levy a platform, and what’s more, an opportunity, to make the artistic experience accessible to all who sought it, a notion that led him to establish The Docent Program.“Our mission at the Guild is to advance excellence in the visual arts, but our vision is to reach out to everyone in our community, especially the underserved populace, including those with disabilities, and ignite or rekindle their love of art,” Levy said on Tuesday, while prepping the GCA’s Feb. 11 reception for its current Exhibiting and Associate Show, an exhibition that runs until Feb. 27 and features the work of the cooperative’s most prominent artists.According to Levy, The Docent Program, which focuses on the observation of art pieces and emphasizes analysis, evaluation and higher-order thinking skills, caters to the developmental and cognitive needs of elementary school-aged students, as well as children and adults with special needs and senior citizens with cognitive or physical disabilities.Since founding The Docent Program in 2013, Levy has witnessed firsthand the benefits such an offering can provide to the surrounding special needs community, which is why he finds it troubling that funding for the arts has come under fire in recent years.“Art is for everyone and is something that enriches lives,” said Levy, a former college professor of art history, as well as an instructor of gifted and talented students and an enrichment teacher for students with special needs.“There are so many reasons why it’s worthwhile, and for kids especially, it shows that art activities stimulate various parts of their developing brain, which positively impacts other subject areas and aspects of their lives,” said Levy. “The arts are something worth fighting for.”While he remains steadfast in his fight for the preservation of arts education, Levy’s Docent Program continues to offer insight to those who wish to appreciate and interpret art pieces from the perspective of an artist, helping viewers gain a greater understanding of the creatives’ methods and what they hope to accomplish stylistically and affectively.“It was a goal of mine to help transform this into something more than a place to view art and take classes,” Levy said. “We wanted The Guild to be a community resource that could reach out and educate everyone. And this program is helping us do that.”This article was first published in the Feb. 8-15, 2018 print edition of The Two River Times.last_img read more

first_img“That’s the number one for our special projects,” she said.The wallpaper and ceiling upgrades will cost an estimated $6,800 each. Thegroup will also replace four antique cane chairs at Longstreet with hand-wovenseats and also replace some of the heirloom fruit trees at the property. In Colts Neck, the new Sensory Lions’ Den project was recently completed in Dorbrook Park’s Challenger Area, thanks to the Friends of the Monmouth County Park System and the Colts Neck Lions Club. It is designed for people of all abilities, but especially for the visually impaired. In 2020, the group will pay off an additional $2,100 for the playground for additional site work that was not included in the original plan, Wojciechowski said, like extra surfacing areas. “It really looks nice,” she said Dec. 16. MONMOUTH COUNTY – The Friends of the Monmouth County Park System have a lot on their to-do list in 2020. Longstreet Farm, Holmdel Park Photo courtesy MCPS Looking back on 2019, Wojciechowski said it was a very goodyear for the organization, which offers several levels of memberships, startingat $25 for individuals, $50 for families and $250 for corporations. They wereable to raise $281,751 through a membership drive, donations and fundraisingefforts in 2019. “We really had a good year,” she said. Purchasing new fabrics to help repair and createnew historic clothing, $500.Expand social media advertising for park system programsand events, $6,000.Employee training, registration and travel,$10,190.Coastal Activity Center special events, fieldtrips and after-school scholarships for program fees and field trips, $4,550.Therapeutic recreation expenses including asemi-formal, weather presentation, camp scholarships and tickets and entry feesfor inclusion coaches, $3,100.Volunteer Services cards, National Trails Daylunch, gardening tools and holiday reception costs, $2,550. This article originally appeared in the Jan. 9, 2020 print edition of The Two River Times. In a presentation at the Dec. 16 Monmouth County Board of Recreation Commissioners meeting, the Friends charitable organization laid out plans to tackle various projects to fund park system enhancements. One they are particularly excited about is the Nature on theMove project. Nature on the Move will be a $12,000 project to bring crittersto various events in the county, said Maria Wojciechowski, executive directorof the Friends group. Also on the to-do list are essential upgrades to the historicLongstreet Farmhouse in Holmdel. According to Wojciechowski, the farmhouse needsceiling repairs and new wallpaper. The wallpaper work was supposed to be donein 2019, but when they visited the site to replace it, they discovered that theplaster from the ceiling was starting to fall. The park system will purchase a van and the Friends willoutfit it with flat-screen TVs, built-in cabinets and cooling systems toprotect the reptiles and insects on hot days. The Friends will be financing several other events, programs, scholarships and more throughout the year. Here are just a few of the 2020 expenses: “The trees are starting to age out of there, so the parksystem is trying to start to rotate some stock so they don’t all go out at thesame time,” she said. Additionally, cherry trees will be replaced at Holmdel Park.Wojciechowski said she has been told that Monmouth County is home to thesecond-largest display of cherry blossoms in the state of New Jersey. One oftheir goals for 2020 is to replace three cherry trees donated by the Stevensonfamily in town, to maintain the site. The Friends and the park system have various fundraising events throughout the year, but the Friends’ “biggest and newest” event was a wine and craft beer tasting Sept. 19 at Tatum Park. The group raised over $20,000 there, Wojciechowski said. “It really is a lot of fun and my board really works so hard on this. They really put so much effort into it. It really came together nicely,” she added. “It will be kind of like a bookmobile,” said Wojciechowski.“They will be able to take it out on the road to a school program or to afestival or a fair and open it up and have a mini environmental center therethat the naturalists will be able to use.” It will likely take about a year toget everything set up and running.last_img read more