Gresham House launches a platform for pension funds that want to make an impact

Tuesday 21 February 2017 4:05 pm More From Our Partners Why people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Mammoth pension funds are to be able to invest into smaller, socially responsible projects through a new platform announced today.The initiative has been created by AIM-quoted investment house Gresham House and has attracted cornerstone interest from Berkshire’s local government pension fund, alongside a 20 per cent shareholding the fund has agreed to take in Gresham House itself. whatsapp Share Gresham House launches a platform for pension funds that want to make an impact Oliver Gill by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likehealthyted.com10 Surprising Benefits of Bananas You Possibly Didn’t Know Abouthealthyted.comWorld LifestyleOprah’s New House Is So Gorgeous. Take A Look InsideWorld LifestyleArticles VallyDoctor Tells Man He’s Infertile, Then Realizes Why His Three Sons Look FamiliarArticles VallyCarammelloIf Your Dog Isn’t On This List, It’s Not A Smart BreedCarammelloDaily-StoryBoy Cries In Bedroom – When His Parents See Why, They Immediately Call The PoliceDaily-StoryLightAndCharm.comIt Might Surprise You Why the Husband Divorced His Wife After Looking at This PhotoLightAndCharm.comweniixTop 5 best super-luxury cars of 2021 – WENIIXweniixEveryday WellnessWhat Happens To Your Body When You Eat Two Bananas A DayEveryday WellnessBuzzDestination5 Tips That Will Help You To Improve Every Type of Intimacy With Your PartnerBuzzDestination Larger pension funds often struggle to make smaller investments into initiatives that may be local to scheme members or deliver a social good.Read more: What you need to know about impact investingIdentifying and managing smaller investments is often uneconomical for funds than are billions of pounds in size. Funds are also constrained investment limits – for example even a comparatively small investment for a pension fund might be the entire share capital of a smaller business.But Gresham House’s first platform of this type, called the British Strategic Investment Fund, will allow pension fund investors the chance to invest in a variety of renewable infrastructure, housing and innovation projects, without needing to enter into lengthy due diligence processes. Instead, funds will rely on Gresham’s House’s fund managers to allocate capital to impact projects.Read more: China makes glorious return to the 10 best performing funds John Lenton, the chairman of the Berkshire pension fund said the unique strategic partnership with the Gresham House will enable the pension fund to gain exposure to “investments in alternative and illiquid assets”.The pension fund’s equity investment into Gresham House will be at 325p per share, a premium to Monday’s closing price of 303p. Shares in the firm, the history of which can be traced back to 1857, rose over four per cent in today’s trading. whatsapp read more

Bon voyage, Susitna

first_imgSouthcentral | Southeast | TransportationBon voyage, SusitnaFebruary 13, 2016 by Ellen Lockyer, KSKA – Anchorage Share:The ferry M/V Susitna being outfitted in Ketchikan for delivery to Anchorage in August 2010. It is a catamaran ice breaking ferry. (Creative Commons photo by Jay Galvin)The Matanuska-Susitna Borough’s ailing and unused ferry Susitna is headed to Seattle on the end of a tow rope, after the latest developments in the vessel’s years-old saga.At a special meeting Tuesday hastily called by borough Mayor Vern Halter, new information was presented about the cost of the repairs necessary to satisfy a potential buyer.In early December, the borough assembly accepted a down payment of $250,000 for the purchase of the vessel from the Philippine Red Cross. The deposit is to be used to help pay for repairs on three ruined ferry engines. At the same December meeting, the Assembly approved spending $870,000 from borough reserves to complete the engine repairs. Insurance is expected to reimburse the $1.1 million total.But there’s a new snag.“The $1.1 million fix is slightly north of $3 million,” said Borough Manager John Moosey.An insurance company engineer’s analysis indicates a need for a complete rebuild of all four engines on the ship, which cannot be done in Ketchikan. So tug operator Foss will tow the Susitna to Seattle for $100,000.Moosey said the borough has a March 31 deadline for completing the repairs. It’s a deadline they can’t hit. Borough Port Director Marc Van Dongen said repairs would take 60 to 90 days, and sea trials must be completed before the sale.Assemblyman Steve Colligan wanted a contract with the buyers before any action on the ferry move.“I don’t think we should do anything unless the buyer is going to agree, and we have a date out there far enough so that we know 100 percent, you’re going to get that work done. Otherwise, we should cut our losses now. … Scrap it,” Colligan said. “We would be better off spending $500,000 to send it to the scrapyard.”But the assembly approved a motion by Assemblyman Dan Mayfield that would allow the ferry to be towed to Seattle as soon as possible, with its final fate to be determined.“The vessel has been sitting in Ketchikan for quite some time, without a lot of action to proactively repair it,” Mayfield said. “So we need to show good faith both to our insurance company and to the Red Cross that we are going to proceed with repairs.”The assembly also directed manager Moosey to seek an extension from the Philippine Red Cross on the final sale date.Mayfield said the borough’s maritime insurance company has not guaranteed full payment for the repairs. He said some expenses are being questioned. But, he said, the Susitna would not be a total loss between insurance and the sale price of the ferry.Mayfield said if the sale falls through, the vessel could be scrapped, and there are more resources to do that in Seattle than Ketchikan.The ferry Susitna is expected to exit Ward’s Cove in Ketchikan in the next couple of days, weather permitting.Share this story:last_img read more

Can Roche’s little tech startup help the FDA change clinical trials?

first_img What’s included? @matthewherper Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Senior Writer, Medicine, Editorial Director of Events Matthew covers medical innovation — both its promise and its perils. Can Roche’s little tech startup help the FDA change clinical trials? Tags cancerdrug developmentresearchSTAT+ Log In | Learn More Could a startup founded by two guys in their 20s change the way medical researchers study patients? The Food and Drug Administration is open to the possibility.Flatiron Health began as a small New York tech company trying to use real-world data from patient electronic medical records to replace more traditional clinical trial data. Then it raised $328 million, launched a modest collaboration with the FDA to study the use of its so-called “real-world” data in 2016, and entered partnerships with just about every major drug firm. Last year, it was acquired for $1.9 billion by the Swiss drug giant Roche Holding. About the Author Reprints GET STARTEDcenter_img Matthew Herper Unlock this article — and get additional analysis of the technologies disrupting health care — by subscribing to STAT+. First 30 days free. GET STARTED STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. [email protected] By Matthew Herper Feb. 25, 2019 Reprints Health What is it? Zach Weinberg, co-founder, president, and COO of Flatiron Health, speaks at a summit in Washington. Wilde Companylast_img read more

Coronavirus Daily Noticeboard – Tuesday, May 26, 2020

first_imgHome News Community Coronavirus Daily Noticeboard – Tuesday, May 26, 2020 NewsCommunity Action will not resume until it is safe to do so. Everyone’s safety being utmost priority.You can read the piece in full here. One new case in LaoisFor the first time in five days, Laois has recorded a new case of Coronavirus.That brings the total infected here with the virus to 257.1,615 people have now died from Coronavirus in Ireland – an increase of nine from yesterday.While there has been a total of 37 new cases of Coronavirus have been diagnosed in Ireland today.This is an increase on the 24,698 cases from yesterday and takes the overall total to 24,735.See Full Report hereAthletics hopeful of autumn return as big events in the pipelineLaois Athletics Board Chairman John Scully is hopeful that come the start of the cross country season on October 1, all competition will be back on track.John confirmed that all road, track and field, primary and secondary schools, parkrun and fit for life have been postponed until directives from government and athletics boards. Pinterest Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival WhatsApp Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role By Megan Shiel – 26th May 2020 Facebook Solskjaer says Pogba and Rashford will be fit for Premier League returnManchester United manager Ole Gunnar Solskjaer says Marcus Rashford and Paul Pogba will be fit for the proposed resumption of the Premier League.Rashford was due to miss the rest of the season after a back operation in January while Pogba had not played because of a foot injury, but with both men now in group training ahead of Project Restart, Solskjaer has delivered positive news.“They’re looking good, they’ve joined training now and they’ve done everything the other boys have been doing. No reaction so far, touch wood,” he told MUTV.You can read The 42 piece in full here.University of Limerick president announces plans to step down amid coronavirus concernsUniversity of Limerick President Dr Des Fitzgerald has announced his shock resignation, linking it to his inability to lead the university in the context of Covid-19.Dr Fitzgerald said the virus “would directly impact my ability to serve the university and limit my ability to fully engage once we get our community back onto the campus.”He warned that the Covid-19 crisis would shape the future of the university sector for the next decade and beyond and would force universities across the world to re-examine both their business and academic models.You can read the Independent piece in full here. News Coronavirus Daily Noticeboard – Tuesday, May 26, 2020 Previous articleBREAKING: Nine new Coronavirus deaths but just 37 new cases as Nursing Homes say they were left ‘isolated’ in early daysNext articleDeaths in Laois – Wednesday, May 27, 2020 Megan ShielMegan is currently studying English and New Media at the University of Limerick. A Raheen native, she’s happiest when talking sport, especially soccer but just don’t mention the 2019 champions league final Twittercenter_img RELATED ARTICLESMORE FROM AUTHOR Electric Picnic organisers release statement following confirmation of new festival date Pinterest Electric Picnic Diary of a Stuck at Home Mum: Back to ‘home school’“Home school has begun – TV off by 9, kids all dressed for school and sitting at the activity table ready for work! But I wasn’t – at all! I completely underestimated the 3 yr old’s capacity to distract EVERYONE and totally overestimated my ability to keep the 5 yr old writing while the 1 yr old was climbing either me or the most dangerous furniture!“After about an hour of pulling teeth I declared lunch time and told them they had to play outside if they wanted their snacks! I had better be more prepared tomorrow!”You can read the blog in full here. TAGSCoronavirusCoronavirus Daily Noticeboard Twitter Over 17,000 Leaving Cert students have registered for Calculated Grades systemStudents have been registering online since 10am this morning; they will have until 10pm on Thursday to register. Those who do not register for the Calculated Grades system will be opting to sit the written exam later in the year.When exactly these written exams take place partly depends on the number of students who wish to opt for this option.Covid-19: Concerns over testing in mental health facilities as new cases fallFigures compiled by the Mental Health Commission show there were 125 suspected or confirmed cases relating to residents and staff across the 181 facilities it monitors on 22 May.The figures are a decrease from 201 suspected or confirmed cases the previous week. There was no increase in the number of deaths of residents of mental health services from Covid-19, which remains at 17.However, the commission has expressed concern that some mental health staff were still awaiting test results for Covid-19 last week, despite guidance introduced a month ago requiring all staff to be tested.You can read the Journal piece in full here.Finally there will be live sport to watch on Irish TV next monthHorse Racing will return to our screens on Friday 12 June and Saturday 13 June with live coverage on RTÉ2 of the 2,000 Guineas and 1,000 Guineas from the Curragh.In addition to the first Classics of the Flat racing season on June 12 and 13, RTÉ Sport will cover 10 additional race meetings including all the best action from the Irish Flat season including the Irish Derby weekend and The Oaks. WhatsApp Facebook Electric Picnic ‘Please reopen our GAA pitches’ – calls grow from star players for changes to current shutdown planCalls for GAA club pitches to be opened up again continue to intensify with Kilkenny hurling star TJ Reid and Armagh All-Ireland winner Steven McDonnell the latest leading figures to argue that it is time to allow access to those facilities.An All-Ireland club winner with Ballyhale Shamrocks in January, Reid also pointed out on Twitter that he believes club volunteers would be able to help with stewarding to ensure large crowds do not gather.You can read The 42 piece in full here.last_img read more

New name for Goodman & Co.

Facebook LinkedIn Twitter Toronto-based Goodman & Company, Investment Counsel Ltd. has changed its name to GCIC Ltd., the company said Friday. GCIC is a subsidiary of Toronto-based DundeeWealth Inc. GCIC offers a wide range of wealth management solutions through financial advisors including the mutual funds and hedge funds of Dynamic Funds, the portfolio solutions of the Marquis Investment Program and the high net worth investment counsel of DundeeWealth Investment Counsel. Share this article and your comments with peers on social media IE Staff read more

U.S. exchanges propose further measures to prevent extreme trading volatility

first_img Share this article and your comments with peers on social media James Langton The LULD plan, which the SEC approved on a pilot basis in 2012, aims to prevent trades in individual securities at extreme prices. The proposed update to that plan would eliminate the times at which securities could trade without those limits; eliminate the rules for dealing with erroneous trades when those limits are in place; and standardize how the exchanges carry out automated re-openings after a trading pause. The exchanges are also working to reduce trading halts and price dislocations and they will be proposing changes to align the LULD’s parameters “to improve the price discovery process after a trading pause.” Apart from these co-ordinated efforts, the various exchanges are also taking a variety of other steps designed to “improve the stability and resiliency of their respective markets,” they note. Companies New York Stock Exchange center_img The New York Stock Exchange, Nasdaq and BATS Global Markets are seeking to harmonize certain critical functions in a bid to increase market resiliency during times of extreme volatility. The exchanges announced on Thursday that they plan to file a proposed set of rules and update to the plan for dealing with extraordinary volatility, known as the limit up limit down (LULD) plan with the U.S. Securities and Exchange Commission (SEC) in the coming weeks. Facebook LinkedIn Twitterlast_img read more

Canadian ETFs attract inflows during volatile March

first_img IE Staff People Working Finance Stock Exchange ConceptPeople Working Finance Stock Exchange Concept rawpixel/123RF Canadian ETFs attracted more than $2.9 billion in inflows in March amid heightened financial market volatility, according to a report from National Bank Financial. Total assets under management for the Canadian ETF industry stood at $152 billion at month end.Canadian equity ETFs fared well with inflows of $728 million, while the U.S. equity category lost some luster and had a meager inflow of $83 million in March. “Investors responded to the market selloff and ongoing choppiness by redeeming assets from broad-market U.S. equity ETFs,” the report says. Facebook LinkedIn Twittercenter_img Inflows into international equity ETFs ($551 million) were led by emerging market products, where valuations are relatively cheap and fundamentals are improving, the report says.Fixed income ETF inflows remained mild in March at $322 million, with some inflows into low cost aggregate bond ETFs and preferred share ETFs. “The multi-asset category had a large apparent inflow mainly because BMO wrapped the newly launched Europe Covered Call ETF (Ticker:ZWP) under its existing CAD-hedged counterpart (Ticker:ZWE), which had accumulated $1 billionin AUM since its launch back in September 2015.” the report says.Eleven new products launched in March, spread across equity, fixed income, and multi-asset categories. Share this article and your comments with peers on social medialast_img read more

Joint effort behind bushfire animal welfare response

first_imgJoint effort behind bushfire animal welfare response Agencies and organisations and have worked together to assess animal welfare impacts as result of the fire in Wooroloo last week.The Department of Primary Industries and Regional Development (DPIRD), City of Swan, Shire of Mundaring and number of local community groups, associations and volunteers came together to co-ordinate animal welfare efforts.The majority of the animals and wildlife found and checked by vets during the Wooroloo bushfires this month were found alive and well.One possum, 46 alpacas, 30 pigeons and three donkeys are among a list of more than 750 animals checked by the animal welfare response team, made up of City of Swan, Shire of Mundaring, DPIRD, and local vets.Between February 2 and 7, they visited impacted areas to search for and treat pets, wildlife and livestock, with 11 per cent requiring treatment, and animal losses making up less than two per cent.City of Swan Mayor Kevin Bailey said it was an outstanding effort and applauded the team who worked hard to save these vulnerable animals in a dangerous and stressful situation.“All our animals, big and small, are precious and we thank everyone who has stopped to help injured wildlife during the recent bushfires,” he said.Shire of Mundaring President John Daw applauded the fantastic work of DPIRD staff, vets and Shire and City Rangers who had the difficult task of visiting impacted properties areas to find and treat injured animals.“People love their animals and it must have been very distressing for those in the fire zone to know their animals were in danger,” Cr Daw said.“This result is a great testament to how wonderful collaboration between local government and state agencies such as DPIRD can be during an emergency situation.”DPRID worked closely with the Committee for Animal Welfare in Emergencies to co-ordinate the animal welfare response to the fires at Wooroloo.DPIRD Incident and Emergency Director Pam I’Anson said the Australian Veterinary Association WA Branch and many organisations and private veterinary professionals at the Wooroloo fire incident control centre completed assessments of impacted properties with animals in the City of Swan and Shire of Mundaring.“This has involved up to 40 veterinary professionals each day, many who volunteered their time,” Ms I’Anson said.“Veterinary response teams visited impacted properties within the fire ground with approximately 750 animals and wildlife assessed and/or treated.“The majority of animals and wildlife were found alive and required only assessment and feed and water supply. Animal and wildlife losses include a small number of chickens, sheep, horses, cattle, alpacas and kangaroos.”DPIRD, the City of Swan and the Shire of Mundaring also worked in partnership to set up animal feed distribution centres in Bullsbrook, Gidgegannup and Chidlow.Ms I’Anson said the feed distribution centres were being stocked with donations that include large and small bales of hay, pellets, dog and cat food, water drinking bowls, animal leads and animal health products.The City of Wanneroo also provided an animal evacuation location for properties impacted by the fire in the neighbouring local government areas. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:animal welfare, Australian, Australian Veterinary Association, Bullsbrook, Chidlow, City of Swan, evacuation, Gidgegannup, Government, local council, President, regional development, Swan, veterinary, WA, Wanneroo, Western Australia, Wooroloolast_img read more

Press Briefing by Press Secretary Jen Psaki, February 12, 2021

first_imgPress Briefing by Press Secretary Jen Psaki, February 12, 2021 The White HouseJames S. Brady Press Briefing Room1:31 P.M. ESTMS. PSAKI: Today, we have two very special guests joining us who were just meeting with the President and Vice President, hence we delayed the briefing a few times today — I apologize for that — about the vital need to pass the American Rescue Plan.Detroit Mayor Mike Duggan was first elected in 2013 and reelected in 2017. He spent his career solving some of the most complex issues facing Detroiters, including crime, blight, and access to jobs.Miami Mayor Francis Suarez was elected in 2017 after serving as Miami Commissioner for fi- — eight years, sorry; I cut off your amount of time served. He is a former chair of the U.S. Conference — you’re over here — of Mayors’ Environment Committee and vice chair of the Miami-Dade Transportation Planning Organization.With that, I’m going to turn it over to you. Oh, I think I’m going turn it over to you, Mayor Suarez, sorry. And they are — they’ve been kind enough to take a few questions. And as usual, I will be the bad cop when they need to go.Go ahead.MAYOR SUAREZ: Don’t worry, every single one of those years were dog years. (Laughter.) It was a wonderfully productive meeting in the Oval Office. First of all, it was an honor to be invited with this select group of mayors and governors. It was an incredibly spirited conversation. I felt that it was a very bipartisan conversation. I think the President is very interested in having a bipartisan solution, obviously understanding the needs of the residents of America and certainly the needs of the residents of the city of Miami.We are — and we expressed to the President and I expressed to the President our readiness to increase the ability to vaccinate our population. We would love to have those vaccinations given directly to us as a city.We also talked about funding, of course. The city of Miami, during the first CARES Act, just barely missed the 500,000 population threshold. And so instead of the city getting approximately $80 million, which we would have received and is, sort of, correspondent to our population, we ended up getting $15 million. So we tried to put that money to good use to the most needy in our community — feeding people; helping them with mortgage assistance, with rental assistance, small-business loans and grants. And obviously the people of our city and of America are still hurting. I mean, we need this assistance to get through until the vaccine has gained wide acceptance.So that’s what the conversation was based on. The President was extremely thoughtful; listened to every single one of the elected officials — both governors and mayors from both parties; listened to our comments and concerns. We had a reflective conversation back and forth, and I think he’s going to use our input to make the bill better and to hopefully get it passed for the benefit of the American people.Thank you.MAYOR DUGGAN: Good afternoon. I’m Mike Duggan. I’m the mayor of Detroit. And it was a special experience to sit in the Oval Office with four Republican governors and mayors, four Democratic governors and mayors, talking and sometimes debating with the President and the Vice President. Everybody just focused on how to solve the problem. And I really hope this is the way conversations are going to go.But the biggest thing that we focused on is the need to pass America’s Rescue Plan. And probably, for a lot of folks in this country, the images of Detroit you remember were the ones that were portrayed nationally during the bankruptcy. But if you haven’t been to Detroit in the last seven years, there has been enormous progress. We had billions of dollars in investment from General Motors, from Ford, from Fiat Chrysler, which is now Stellantis. Huge numbers of jobs in the fintech industry, with Quicken. And the tech companies have finally discovered Detroit. We’ve been pleased to see Amazon and LinkedIn and Google move into the city.And across the city, entrepreneurs have pulled down the plywood off of shuttered storefronts, and largely black and brown business owners have started to open up our commercial corridors.And we did all this on a bipartisan basis. In Lansing, we’ve had Republicans and Democrats working together to support Detroit’s comeback because Detroit being an economic engine for the state is good for everybody.And so, we know that we haven’t gotten to everybody; we’re not kidding ourselves. But here’s what I do know: The unemployment rate in Detroit, at the start of bankruptcy, was 21 percent, and a year ago, it was down to 7 percent. We had moved 80,000 people from poverty to the middle class — the largest reduction in poverty.It was going the right direction; we certainly had a long way to go to make sure it included everybody. And then when COVID hit, we’re back up to 20 percent unemployment. And the question is: What do we do about it?And so when we got hit in Michigan — and Michigan came right after New York last year, being hammered with COVID — we went from having no COVID to our hospitals overrun with patients on gurneys and in hallways. We were losing 50 people a day. But we did not, in Detroit, curl up. We fought back.We quickly set up one of the largest testing centers in the country. We masked up, distanced ourselves. And for the last six months, the city of Detroit has had a lower infection rate than the rest of Michigan and the surrounding suburbs. Detroiters did what we were supposed to do. And if you go to the city now, you will see people masked up, distancing. The folks in Detroit did what we were supposed to do.And now that the vaccines are out, we have a major center at our convention center where we’re vaccinating 15,000 a week in an indoor parking structure of the convention center. And we’re very anxious, as I told the President today, to get up to 25,000 a week, because that’s going to be the key.But when we solve the health issues, there will still be other issues facing us. And this is where America’s Rescue Plan makes such a difference. The people who were working in Detroit a year ago — a lot of them, right now, are unemployed because businesses are shut down. They’re sheltering in their houses. And they are worried that, as the landlord-tenant courts open up, they may be facing eviction and have no place else to go. They’re looking for help.Those businesses that opened up their storefronts with such optimism are now very afraid, if they don’t get help, that plywood is going back up and we’re going to have boarded commercial districts, as we did seven or eight years ago. And in the city of Detroit, we had an immediate $350 million hit to our budget. A thousand Detroit employees are still on partial layoff. And the problem is going to get worse in the summer.So we have a national problem that needs national response. And the most interesting thing was: If I thought it was unique, what Mayor Suarez and I heard is every governor and every mayor is talking about exactly the same situation; that it took us seven years to get from 20 percent unemployment to 7 percent. Now we’re back at 20. Are we going to get our folks back to work in a matter of months, or is it going to take years?And I think the one message we all had — and we loved the President’s leadership on this — is: We aren’t — we don’t kid ourselves about the atmosphere in Washington. We know it’s partisan. But we’re really hoping that for the next couple months, on this national issue, that they can set partisanship aside. And the President made it clear he really wants bipartisan support for America’s Rescue Plan. And I can tell you that all of us who were in that room were strongly supportive.And with that, I guess we’ll turn it over to you for questions.MS. PSAKI: Yes. Go ahead, Zeke.Q Mayor, I was hoping you could answer — the criticism we’ve heard from Republicans of late has been that states and cities have received several rounds of funding so far that they haven’t spent, so why do they need billions more from the taxpayers now. So what would be your response to that?MAYOR SUAREZ: Well, my response, as a Republican mayor, is — first of all, for cities like Miami, we actually didn’t get a lot of the money from the first CARES Act. As I said, since we were under 500,000 — by the way, almost all cities were under 500,000. I think there’s only 30-something cities that got direct payments. Many of them had very, very bad experiences in terms of receiving the full allotment that they should have received based on their population. It was a big fight down in Miami. So our residents got a fraction of the help that they needed.In terms of the budgetary issues going forward, we just don’t know. It’s uncertain as to what our budget is going to look like in this year. A lot of the things that affect local governments are lagging indicators, so we won’t know for sure. But certainly, we’re going to put the money to good use, and I think we’ve demonstrated that with the — with the funding that we did receive under the first CARES Act.If I can just say a few things in Spanish. Is that okay?MS. PSAKI: Of course. Please.MAYOR SUAREZ: Yeah. (Speaks in Spanish.) (No translation provided.)MS. PSAKI: Go ahead.Q Could you talk to us about the variants in Florida, and specifically in Miami? Miami has been so open, but we’ve seen more and more cases of the variants. Is there — what’s the plan to prevent a surge with the variants popping up?MAYOR SUAREZ: Well, you know, I’ve been a big proponent of masks in public rule in the city, and there is a pretty broad acceptance of that rule, whether it’s been able to be mandated or not. We have seen a decline — a significant decline, both in case — in cases, in percent positivity, and also in hospitalizations. Our hospitalizations during the summer were at a peak high of 2,300; they’re slightly under 1,000 at this particular juncture.So we’re hopeful that — that those measures that we’ve taken, and sort of how we’ve inculcated the population to — you know, we’ve hammered home, you know, distancing, wearing masks, washing your hands. And those things will continue to drive the numbers down.MS. PSAKI: Go ahead.Q Thank you.MS. PSAKI: Oh, go — did you want to say one more? Go ahead.MAYOR DUGGAN: So, in — in Detroit, we have seen the first two cases of the B117, the British variant, and we’ve been just very honest with our residents. The evidence is that the Pfizer and Moderna vaccine are effective against it, and we’ve used it to encourage folks. We have a very low infection rate in Detroit right now, so we’re taking it seriously. Now, when the other variants get there, it’s going to be a different issue, but I think it has actually encouraged an increase in vaccine rate.Q Do you feel like you have enough visibility into exactly how many vaccines you’re getting each week, each month, at this point?MAYOR DUGGAN: I have visibility into it. I don’t like the visibility I have. (Laughter.) But, you know, you have — you have a racial equity issue in this country. And if you just look at the way hospital distribution has worked: Even hospitals in urban areas, the folks who have access — the electronic health records — have been predominantly upscale individuals. And so, in Detroit, literally, we took the convention structure, and we are just moving thousands of folks through.Jeff Zients was good enough to get us from 5,000 a week to 15,000 a week. I had to appeal directly to him to get to that. We really ought to be at 25,000 a week, and I raised that with the President today. And I think they are doing everything they possibly can. I know they shared numbers with us; by April, that will look good. We’re certainly hoping before the end of February it picks up. But I — with what Jeff Zients is doing, I just have complete confidence in this administration. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Amazon, america, american, British, Democrats’, Florida, General Motors, Google, Government, LinkedIn, Michigan, New York, Pfizer, planning, Republicans, spanish, United States, Washington, White Houselast_img read more

Commission of Inquiry progress welcome

first_imgCommission of Inquiry progress welcome Elise Archer,Attorney-GeneralToday the Commission of Inquiry into the Tasmanian Government’s Responses to Child Sexual Abuse in Institutional Settings reached an important milestone, with the President and Commissioners providing an update on the next steps for this important inquiry.I thank the President and Commissioners for agreeing to undertake this important role. We are fortunate to have such skills and experience leading this Commission of Inquiry.This is difficult but crucial work and demonstrates how serious the Tasmanian Government is about addressing the issue of Child Sexual Abuse and shining a light on these matters.There is nothing more important than ensuring the vulnerable in our community are protected and we recognise the extraordinary courage it takes for someone to come forward and report sexual abuse.A new website will go live later today and will include guidance on how to make a submission to the Commission of Inquiry, and the support services available. It can be found at: www.commissionofinquiry.tas.gov.au /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:abuse, AusPol, Australia, child sex, Commission, community, Government, President, sexual abuse, TAS, Tasmania, Tassie, websitelast_img read more