METOC Officers Tour USS America in Chile

first_img Authorities View post tag: americas Back to overview,Home naval-today METOC Officers Tour USS America in Chile View post tag: Officers Share this article October 8, 2014 View post tag: News by topic View post tag: metoc View post tag: Chile View post tag: Tour Follow @navaltoday The future amphibious assault ship USS America (LHA 6) hosted five meteorology and oceanography (METOC) officers while in port Valparaiso, Chile, Aug. 26. METOC Officers Tour USS America in Chile View post tag: Navy The five METOC officers, all from various navies across the globe, are currently attending the Category A Hydrography program at the Servicio Hidrografico Oceanografico de la Armada de Chile.The navies represented during the visit included Mexico, Ecuador, Colombia, Chile and the United States.America’s METOC officer, Lt. Kyle Franklin, gave the students a tour of the ship and explained the ship’s METOC equipment and capabilities.According to Franklin, hydrographers contribute to anti-submarine warfare, mine warfare, Naval special warfare, safe navigation and fleet operations. For the amphibious fleet, the support provided by hydrographers is essential.America completed her maiden transit “America Visits the Americas” through the U.S. Southern Command and U.S. 4th Fleet area of responsibility on Sep. 15. America is the first ship of its class, replacing the Tarawa-class of amphibious assault ships.[mappress]Press Release, October 08, 2014; Image: US Navy View post tag: USS America View post tag: Navallast_img read more

HMAS Diamantina Trains Timor Naval Officers

first_imgBack to overview,Home naval-today HMAS Diamantina Trains Timor Naval Officers Share this article View post tag: Navy HMAS Diamantina Trains Timor Naval Officers View post tag: Timor View post tag: Asia-Pacific View post tag: HMAS Diamantinacenter_img April 13, 2015 Authorities Australian Navy’s HMAS Diamantina recently had a successful six day port visit to Dili, East Timor, to provide training to the local Naval component.Two Falantil-Forcas Defensa Timor Leste officers, Sub Lieutenants Santos and Nascimento, embarked on a two day sea ride for the transit back to Darwin where Diamantina resumed her duties in support of Operation RESOLUTE.The aim of the sea-ride was to give the two officers exposure to the command and control of a warship at sea and on operations, exposing them to multiple exercises including man overboard and damage control exercises, launching and recovering ship’s boats and engineering casualty control drills.The visitors also experienced the day-to-day and around the clock operations of a Navy vessel undertaking Border Protection duties.Both officers relished the opportunity to observe all operations from different positions in the ship.Both officers have completed their initial training with either the Royal Australian Navy or Royal New Zealand Navy and progressed on those exchanges to their phase three Maritime Warfare Officer training.Since returning to Timor, they have passed on that valuable experience to their counterparts.[mappress mapid=”15643″]Image: Australian DoD View post tag: News by topic View post tag: Navallast_img read more

Messer Invites 6th District High School Students to Enter Congressional Art Competition

first_imgRep. Luke Messer (IN-06) today invited high school students in Indiana’s 6th District to submit artwork for the 2017 Congressional Art Competition.The Congressional Art Competition is open to all high school students, grades 9-12, in the 6th District. The winning entry of the 6th District’s competition will be displayed for one year in the U.S. Capitol, alongside other contest winners nationwide.“The Congressional Art Competition is a great tradition and a chance to recognize young Hoosier talent,” Messer said. “I encourage everyone to participate and can’t wait to see the winning piece showcased in our nation’s capital.”There are seven categories of original artwork that may be submitted: paintings, drawings, collages, prints, mixed media, computer-generated art, and photography. These pieced should be no larger than 26″ x 26″ x 4″ (26 inches high, 26 inches wide, and 4 inches deep), including frame. Submissions do not require a frame, but the winning submission MUST be framed after it is selected.The deadline for submission of artwork is Tuesday, April 25. Students wishing to submit artwork can call Rep Messer’s Shelbyville office at 317-421-0704 to make arrangements for delivery or pick-up of the artwork. A completed Student Information & Release Form must accompany each entry.More information including competition guidelines can be found here.The 6th District’s 2016 winning entry – “Sisters, Sisters” by Alexa Wilson from Yorktown – can be viewed here. FacebookTwitterCopy LinkEmailSharelast_img read more

London Odds & Ends: Glenn Close May Return to Sunset Boulevard & More

first_img Glenn Close Star Files View Commentscenter_img Here’s a quick roundup of stories you may have missed from London today. Glenn Close May Return to Sunset BoulevardIt’s as if she never said goodbye! Glenn Close may not just be reprising her Tony-winning role of Norma Desmond on screen, but also on stage in London. The Daily Mail reports that the star could headline Sunset Boulevard for a limited engagement at the English National Opera in spring 2016 or 2017. Featuring a score by Andrew Lloyd Webber and a book and lyrics by Christopher Hampton and Don Black, the tuner premiered in the West End in 1993, directed by Trevor Nunn and starring Patti LuPone. In a widely publicized upset that resulted in an out-of-court settlement, Close brought the role of Norma to the Great White Way the following year. The production won seven Tonys including Best Musical.Sheridan Smith Confirms Funny GirlLea Michele Sheridan Smith has revealed that she will play Fanny Brice in Funny Girl. The British stage and screen star had been in talks with director Michael Mayer about headlining the classic tuner at the Menier Chocolate Factory. Smith won two Oliviers in consecutive years for Legally Blonde and Flare Path; Mayer won the Tony for Spring Awakening and was nominated for Hedwig, Thoroughly Modern Millie, You’re a Good Man, Charlie Brown and A View From the Bridge. This could end up being a West End—and Broadway—match in heaven…Bertie Carvel Will Headline The Hairy ApeBertie Carvel will lead the cast of Eugene O’Neill’s The Hairy Ape. Directed by Richard Jones, the previously reported production will begin previews on October 17 and officially open on October 29 at the Old Vic. Carvel, who received a Tony nod and won an Olivier for Matilda, will play Robert Smith “Yank.” Further casting will be announced later.Kenneth Branagh Taps John Dagleish & Zoë WanamakerKenneth Branagh’s much-buzzed about season at the Garrick Theatre just got even starrier! Branagh has brought in Olivier winner John Dagleish (Sunny Afternoon) and four-time Tony nominee Zoë Wanamaker (Awake and Sing!) to appear in Harlequinade. It will be double duty for both; Dagleish will also star in The Winter’s Tale, while Wanamaker is set to perform Terence Rattigan’s dramatic monologue All On Her Own every evening before Harlequinade. Harlequinade and The Winter’s Tale are scheduled to play in repertory at the West End venue October 17 through January 16, 2016.Watch New Sherlock TrailerIt’s Friday, it’s been a long week and since he’s about to return to the stage in Hamlet, including this sneak peek in today’s roundup is almost absolutely justified. Below is the first trailer for Sherlock’s upcoming Victorian special, starring Olivier winner Benedict Cumberbatch in the title role. You’re welcome.last_img read more

A survival guide to minimizing interest rate risk

first_imgCEOs and CFOs are shifting focus from credit risk to interest rate risk – with good reason. Though viewpoints differ as to when this period of historically low rates will end, its inevitable end will put funding cost pressure on financial institutions. Averaging the forecasts of Federal Open Market Committee members suggests federal funds rates could increase to 1.13% in 2015, 2.5% in 2016, and 3.75% in the long run.1Many traditional tools used to measure and manage risk are inappropriate for today’s conditions. Recent cycles of mortgage refinancing will disrupt the ability to calculate mortgage durations based on history, causing many to underestimate how long they’ll be operating with very low yield portfolios. Similarly, rate-shock approaches focused one to two years out may not adequately account for the long-term risk of margin compression in a gradual recovery.We are facing a unique situation that requires an out-of-the-box solution.Cost Advantages Of Reward Checking AccountsHigh-yield, reward-based checking accounts are a surprising but stable defense against margin compression for a number of reasons.An important factor is that there is a median 52% “cost of funds discount” built into high-yield checking accounts.2 Using data compiled from more than 2 million reward checking account holders from nearly 700 community financial institutions, BancVue finds the median promotional rate was 1.98% nationwide in 2013. Yet the median cost of funds was 0.94%, leading to this 52% COF discount, or 104 basis points. The dramatic difference between true COF and the promotional rate occurs for two reasons. First, not every account holder meets the qualifications for the promotional rate, thus earning a nominal “base rate.” Additionally, account holders that do qualify are paid the highest promotional rate only on balances up to a pre-determined cap.It is important to note that no other deposit project enjoys this COF discount. And more importantly, this discount increases as rates rise. The higher the rate, the larger the discount amount. Provided account holders qualify at the same rate, and the balance cap remains the same, a 52% COF discount on 4.00% APY would mean a 1.92% COF, or 208 basis points, compared to the 104 basis point average in 2013. Meanwhile, a 3.70% APY 3-year CD (the average prior to 2008 collapse) has an exact COF of 3.70%.Additional factors include an opportunity for a more gradual increase compared to the market and other products. I have provided a detailed analysis and institution examples in this white paper on the rising rate environment.Take Charge Of Your Deposit MixThe flexibility of high-yield reward accounts to react to changing conditions makes them that much more attractive. Slight changes in product design (promotional rate, balance cap, etc.) can significantly decrease actual COF. Additionally, regardless if rates are rising, falling, or flat, these accounts generate substantially more non-interest income than CDs or even traditional checking accounts.Some credit unions may be in a position of wanting new relationships, but not necessarily more deposits. These credit unions have the opportunity to restructure their deposit portfolio away from CDs to revenue-generating transactional accounts with a minimal increase in their overall deposit dollars.Thus, these accounts are not only an effective hedge against margin compression due to rising rates, they are also a reliable revenue source in any environment. 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jeremy Foster Jeremy’s visionary retail leadership helped a $500 million bank reach its highest levels of profitability in 100 years. He also managed bank-training curriculum for Accenture nationwide, reducing training costs … Web: www.bancvue.com Detailslast_img read more

Gender marketing strategies in the referral space

first_img 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr At RewardStream, we are always interested in how members of the referral programs that we operate for our clients behave. Ultimately, we’re interested in helping our clients acquire high lifetime value customers by getting their best customers to make referrals to their friends and family. Referrals are, after all, the best and most cost-effective way for you to attract new customers.It is important to pinpoint which of your customers are most likely to make referrals. It is also important to encourage your best customers, the most loyal customers, who spend the most, return frequently, purchase multiple products, etc., to engage in the referral process. “Like attracts like” in referral programs, and if your best customers are making referrals, the new customers they drive to your business are likely to be “high value” as well.But that’s not all there is to it. Sometimes your highest value customers are not the kind who will make referrals. So, if not these highest value customers, who is more likely to help boost your referral marketing efforts? continue reading »last_img read more

Credit unions trapped in the thick of thin things

first_img 206SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Scott Butterfield Spend as much time with credit union boards and management teams as I do and you’ll learn that far too many credit union leaders spend too much time focused on the “thin” operational things and not enough time and thought on the “thick” strategic things.The thick important things are the mission, vision, and values that define us. The thick is the bold strategies that inspire us to move forward and motivate meaningful engagement. It’s a fuller understanding of how the world is changing around us, and a constant desire to evolve, adapt, change, grow, and affect others in a meaningful way.The thin, less-important things are operational and tactical. The business we’re in requires a high degree of compliance and exactness, whether it’s timely reporting to examiners, accurate transactions for members, or monitoring internal controls. These things are all very important. However, if we’re not careful, these operational details can easily become all that we regularly focus on, and we become trapped in the thick of thin things.SymptomsIt’s usually easy to spot credit unions trapped in the thin of things. Growth and revenue are weaker at these credit unions. Culturally, they reward good operational results, but don’t reward new ideas or risk-taking at the same level. Ask these leaders where they are headed and they give you a capital, asset, or revenue ratio. It’s sad when the “people helping people” movement is defined first by numbers and ratios. They are thin on strategic plans and thick with every possible operational procedure you can imagine. They are compliant – meaning the only rules they follow are the ones spelled out in a rule or regulation or based on whatever the broader credit union herd is grazing on at the moment (yes, I just compared some credit unions to a herd of sheep). It’s not uncommon to find credit unions that celebrate immaculate exams, audits, and ridiculously low delinquency numbers – all the while, they have failed to keep up with technology, and growth and revenue is weak because they have failed to invest for tomorrow. Review the board minutes or management team minutes of these organizations and you’ll see mention after mention of thin operational issues and very little strategic content. Credit unions must excel both operationally and strategically to survive.RemediesCredit union leadership (board and management) determine the level of strategic thought and action that will occur. Leaders must have the discipline to invest time.  For some, it’s easy to drift from strategic to operational – especially if operational is their default comfort zone. Your team will follow your lead and respond to what you recognize and reward.Once you have your priorities straight, make sure you have the right people in place to handle all (or most) of the operational issues. Having the right people in place and delegating the right things will allow you to spend less time on operational issues and more time on strategic issues.  I realize this is challenging for smaller credit unions. However, I believe that even though smaller credit union leaders are forced to spend more time on operational things, it’s possible to carve out extra time for strategic thought and action. I work with a lot of best-practice smaller credit unions with very busy leaders who still make strategic action a priority – even though they are still reviewing loans and dealing with examiners.  Ask these credit union leaders where they’re headed and you’re sure to get a meaningful answer, and their credit union’s performance and culture reflect their strategic thinking.Management and boards can do a better job structuring board meeting agendas. Everything operational that can be moved to a consent agenda should be. Next, move strategic business to the top of the agenda to be sure you don’t run out of time.  I’d rather run out of time on the operational items at the end of the meeting. Each short-term and long-term strategy should have goals and milestones that management regularly reports on. Results on these strategies should be the focus of the board conversation – not budget line items that could easily be addressed offline, or waste-of-time conversations explaining why the number of delinquent loans increased from 25 to 27 during the month.Invest the time in developing the right strategies for your credit union. Spend less time focused on what the credit union down the street is doing and more time looking at the issues that are influencing your members, and the future members you want to attract. You want to anticipate and plan for what their needs will be five years from now, and make sure you are prepared to meet them.  Spend as much time considering external opportunities as you do external threats, less time complaining over regulatory uncertainty and more time addressing opportunities to differentiate and evolve.Why it mattersStrategic Planning for Dummies points out that “a strategic plan is a critical management tool that guides an organization to do a better job because a plan focuses the energy, resources, and time of everyone in the organization in the same direction.” Understanding that is easy; constantly doing it is the hard part.  You and your team’s ability to think and act strategically will determine the long-term viability and success of your organization. If you’re not sure where your organization is headed or you feel stuck in the thick of thin things, act now. Even if you have to start small, begin now to make strategic thinking and action a priority. Scott is the Principal of Your Credit Union Partner, PLLC.Your Credit Union Partner (YCUP) is a trusted advisor to the leaders of more than 100 credit unions located throughout … Web: www.yourcupartner.org Detailslast_img read more

Regus shares rise thanks to Dixon

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Pig paradise with space for the humans hits the market

first_imgThe wee piggy, dubbed Ash after the incident, was taken to the RSPCA’s animal hospital where a veterinarian diagnosed him as being dehydrated and suffering from stress. Ash was adopted by some kind Morningside locals who gave him his own cabin, plenty of space to roam and a well rounded diet that included mangoes. Ash enjoying a meal by the pool at his Algoori St home in 2014. Photo: Jamie Hanson.But the time has come for Ash to say goodbye to his sty-lish home on the 4047sq m property at 38 Algoori St, Morningside. And though Ash features in the promotional photos for the property, Brisbane’s own pig in the city is most definitely not for sale, said Place Woolloongabba selling agent James Curtain. “The owners are certainly taking Ash with them,” he said. So while money can’t buy you the famous pig, it can get you this rare slice of inner-city acreage 6km from the CBD with enough room to house a pampered piggy. Ash at home with some of his adopted fur and feather siblings. Picture: supplied.“When you look at how close the property is to the city and growing infrastructure, it’s a genuinely a rare home,” Mr Curtain said. More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours ago“You do feel like you’re in a country residence. To have all that expanse with room for a pig, chickens and dogs, it does feel very rural.” The property comes with a beautifully renovated 140-year-old farmhouse with VJ walls, timber floorboards and original log fireplaces. An oversized granny flat is currently generating a tidy income through Airbnb and there is a pool, creek, horse stable, chook shed, greenhouse and fruit trees on the property. Inside the home at 38 Algoori St, Morningside. Picture: supplied.Mr Curtain said the owners, who wished to leave the spotlight to Ash, had loved living at the home. “They are genuinely sad about having to move on but the time has come to downsize,” he said. “They have loved raising their children at that home and equally have loved having their grandchildren there as well.”The property is on a tree-lined street close to schools and riverside precincts. Beach house hits market with jawdropping price The home at 38 Algoori St, Morningside. Picture: supplied.BRISBANE’S famous Ashes pig is saying goodbye to his porcine paradise in Morningside as his owners list their pocket of urban acreage and character home for sale. The pig became somewhat of celebrity in 2013 when he was smuggled into the Gabba during the November Ashes test. The then 10kg piglet was disguised as a baby and had his snout taped shut when discovered by security. Number of homes sold for profit set to risecenter_img Tax cuts, not rate cuts, necessary MORE: Housing set for fresh record highslast_img read more

Science, Enforcement Lag as Car Accidents, Claims Rise in Legal Cannabis States

first_imgInsurance Journal 18 November 2019Family First Comment: “Colorado, Oregon, and Washington saw a combined 5.2% increase in the rate of police-reported crashes after legalizing recreational marijuana, compared with neighboring states where such sales are illegal, according to data compiled and analyzed by the Insurance Institute for Highway Safety.”Car crashes in the first three states to legalize recreational marijuana have soared as law enforcement and regulators struggle to define driving high, let alone determine how to fight it.Colorado, Oregon, and Washington saw a combined 5.2% increase in the rate of police-reported crashes after legalizing recreational marijuana, compared with neighboring states where such sales are illegal, according to data compiled and analyzed by the Insurance Institute for Highway Safety. Researchers tallied crash rates between 2012 and 2016.Auto-insurance collision claims in the three states have also increased a combined 6% since legalization, compared with neighboring western states without legal weed, the Highway Loss Data Institute found. Analysts controlled for variables such as driver population, car model, weather, and driving environment.The increases have caught Congress and federal regulators off guard as states with legalized marijuana seek answers. Unlike with alcohol, scientifically there’s neither a proven definition of marijuana-impaired driving nor a method of detecting it, making it difficult to police and prosecute. Insurance companies say driving under the influence statistics don’t separate out marijuana and can’t be used to set rates, taking away another potential deterrent to driving high. And Congress has impeded regulator efforts to collect more information on the subject.“Drunk driving is still the No. 1 killer on our roads,” said Helen Witty, president of Mothers Against Drunk Driving. “But drugged driving, as it’s legalized across this country, is a huge, emerging issue.”Scientists know that drivers who are high tend to drive at lower speeds, have more difficulty staying in their lanes, and are slower to brake in an emergency than drunk drivers, the National Highway Traffic Safety Administration reported.READ MORE: https://www.insurancejournal.com/news/national/2019/11/18/548752.htmlast_img read more