Governor Wolf Kicks Off Visits to 14 Northern Pennsylvania Counties

first_img Press Release Harrisburg, Pa. – Today, Governor Tom Wolf kicked off a series of visits to 14 counties in northern Pennsylvania with stops in Jim Thorpe, Carbon County; Tunkhannock, Wyoming County; Montrose, Susquehanna County; and Dushore, Sullivan County.“I’m very excited to be in Northern Pennsylvania to hear directly from residents and business leaders about some of the work the state is doing to support these communities and local businesses,” Gov. Wolf said. “Pennsylvania is a big state filled with interesting, diverse, and exciting people and places, many of them in our rural communities.“It is important that smaller and rural communities know state government is listening to them and affirming their important role in our commonwealth.”The governor’s first stop was Jim Thorpe, where he toured the D&L Pedestrian Bridge, Asa Packer Mansion, and several downtown businesses, including the Gem Shop, where owner Libby Mulligan gave Gov. Wolf a tour.Jim Thorpe was followed by a walking tour and Wyoming County Chamber of Commerce discussion in Tunkhannock, where the governor listened to business owners’ issues and ideas regarding workforce training, expansion, and support.The governor will visit Endless Mountains Hospital in Montrose today at 3:45 p.m. where he will tour the facility and meet administrators, staff, and health system board members.Thursday, Sept. 21, the First Lady Frances Wolf will join Governor Wolf for visits in Bradford, Tioga, Cameron, and Potter counties with stops at Rynone Manufacturing in Sayre, Warren L. Miller Elementary School in Mansfield, Cole Memorial Hospital in Coudersport, and Embassy Powdered Metals in Emporium.Stop on Friday and Saturday include McKean, Warren, Forest, Elk, Jefferson, and Clearfield counties. Governor Wolf Kicks Off Visits to 14 Northern Pennsylvania Counties September 20, 2017center_img SHARE Email Facebook Twitterlast_img read more

France roundup: FRR private equity mandates; FRPS rules published

first_imgFRR has previously indicated that it would allocate around €900m to private equity, and has launched separate tenders for “innovation” and growth capital mandates, for up to €200m and €500m, respectively. It has already awarded €600m of private debt mandates.Pension fund regulatory framework coming together Regulations governing a new type of occupational pension funding vehicle in France have been published.The new entities – Fonds de retraite professionelle supplémentaire (FRPS) – were provided for by legislation known as Sapin II in late 2016. They will qualify as Institutions for Occupational Retirement Provision (IORPs) under EU law and are due to be subject to the revised IORP Directive when this is transposed in France.Regulations were released on 19 July that set out rules for how the new entities were to be established and authorised, and how their governance, and financial and prudential management should be organised.This comes after the French government in early April published an “ordinance” that set out the rules formalising the creation of the FRPS. The law ratifying this is going through parliament.Another implementing regulation is awaited, which will set out how to carry out stress tests assessing coverage of solvency requirements over a 10-year period.The FRPS will be subject to a bespoke regulatory regime based on quantitative measures similar to those of Solvency I regulation for insurers, with the addition of the aforementioned stress test, and governance measures similar to those provided for by Solvency II.The intention is for insurance companies and mutual and provident institutions to be able to move certain types of occupational pension business out from under Solvency II regulation and into a regime that better reflects the long-term nature of pension provision.   This involves being freed from Solvency II capital requirements, which are seen as penalising certain asset classes, such as equities. A recent Financial Stability Board “peer review” of France said the creation of French-style pension funds was intended to redirect €10bn-€20bn into financing the domestic economy.Natixis AM to appeal overcharging fine Natixis Asset Management “strongly disputes” the decision of the enforcement committee of the French financial markets regulator concerning its “formula-based” funds activity, it has said.The Autorité des marches financiers (AMF) last week announced that it had issued a warning to Natixis and fined it €35m because it considered the asset manager had breached its professional obligations in the management of some of its formula funds between 2012-2015.Natixis said it intends to appeal the decision. It noted that the enforcement committee did not follow the AMF board’s recommendation in making its decision.It said it believes that the decision is “unwarranted and disproportionate and firmly denies failing to fulil its professional obligations”. The AMF said its enforcement committee identified four regulatory breaches in relation to the redemption fees for some of the funds it inspected and in relation to the structuring margin of some funds. The €35m fine is the largest the French regulator has imposed. Natixis Asset Management said investors in its formula funds “were in no way adversely affected and were fully informed in accordance with applicable regulations”. Formula funds are a type of structured product that offer a guarantee of invested capital based on a pre-determined formula. France’s €36bn pension reserve fund has awarded three private equity fund-of-fund mandates for a total of between €100m and €400m. The mandates have gone to Ardian France, LGT Capital Partners, and Swen Capital Partners. A spokesperson for the Fonds de réserve pour les retraites (FRR) said the distribution of the capital between the three managers could not be specified at this stage.The managers will be responsible for creating and running portfolios of funds allocating at least 80% of their assets to the equity or quasi-equity of unlisted French companies.The mandates are for 12 years, and form part of the implementation of around €2.1bn of new allocations to unlisted French assets.last_img read more

Arsenal legend Campbell ready to quit Southend

first_imgArsenal legend, Sol Campbell, is on the brink of quitting at Southend. In a statement, the PFA said: “We’re extremely disappointed with the statement made by Ron Martin, which represents an unfair portrayal of the players and an inaccurate reflection of the club’s situation. “Throughout this season, the club has consistently let its players down with regards to late or non-payments of salaries. Despite the distress this caused, players responded in a professional manner, continued to train and felt a duty to complete fixtures.” Speaking to talkSPORT yesterday, Martin responded: “I’m surprised the PFA have come out and said that. “Everybody else at the club accepted the situation, with the exception of six players. read also:Campbell wants Arsenal to sell TEN players this summer “Everybody else has been paid in full, and those six were paid in full up to the furloughing start date. “After that they were paid the remaining proportion of their wages.” FacebookTwitterWhatsAppEmail分享 The League One strugglers are not in a good position, as they have furloughed several of their players during this crisis. That prompted a harsh response from the PFA, and they are still 16 points off safety in League One. There was reportedly also a row between players and the club, as the players were asked to take a 50 percent pay cut! Now The Sun reports that Campbell has had enough and is ready to move on. The club’s owner Ron Martin already furloughed six of his most well-paid players and 59 backroom staff members.Advertisement Loading… Promoted ContentTruly Mysterious Things That Have Happened On Chinese SoilWho Is The Most Powerful Woman On Earth?Playing Games For Hours Can Do This To Your BodyWhy Do So Many Digital Assistants Have Feminine Names & Voices?10 Risky Jobs Some Women Do6 Most Overpowered Live Action Disney Characters10 Hyper-Realistic 3D Street Art By OdeithThe Models Of Paintings Whom The Artists Were Madly In Love WithCouples Who Celebrated Their Union In A Unique, Unforgettable Way6 Extreme Facts About HurricanesA Hurricane Can Be As Powerful As 10 Atomic Bombs10 Albino Animals Who Look Like Ghostslast_img read more

Puncheon pens new Saints deal

first_img Press Association The 26-year-old winger has been one of Saints’ most impressive performers this season but only had a matter of months remaining on his current deal. Newcastle were among those linked with a summer move for Puncheon, who has ended such talk by signing a new deal at St Mary’s. “It feels amazing,” Puncheon told the club’s official website, “It’s obviously been a worry because my contract was up at the end of the season, so it was important for me to get tied down. It’s a weight off my mind, so now I can look to the long-term future. The club has a vision, and that’s why I’ve signed and stayed on. “We got to the Premier League in three years, and now the club has a vision of playing European football – and we want to get there as soon as possible. I believe that can happen and, more importantly, the football club believes that can happen. They believe I can be a part of it and so do I. “Now I want to finish the season strongly and keep growing as a player – and for us to keep growing as a football club.” Puncheon, who joined from Plymouth just over three years ago, spent several loan spells away from the club after losing his place in the first team and little over a year ago took to Twitter to criticise Southampton executive chairman Nicola Cortese. The winger threatened to see out the rest of his contract training with the reserves and youth team, but the pair patched up their differences and he has become an integral part of the team, first under Nigel Adkins and now Mauricio Pochettino. “It’s great news that Jason has agreed to sign a new contract with Southampton,” the Saints manager said. “He has been very impressive for the club this season and especially so since I arrived, and he is a very important member of our squad.” center_img Jason Puncheon has ended speculation over his future by signing a new contract with Southampton until 2016.last_img read more

Crouch tasked with centurion goal

first_img “He’s playing exceptionally well at the moment. He did really well against Southampton, got a goal, and again against Swansea. “He’s an experienced player and 86 Premier League goals takes some doing. That shows the quality of striker Peter is.” Hughes believes in playing a different style, which offers Crouch greater support, notably from Jonathan Walters and Charlie Adam, and that has played a significant role of late. “He’s enjoying what we are doing, what’s happening around him. He’s getting more opportunities,” added Hughes. “At times he has been isolated and we haven’t been able to give him the support he’s needed. “As his strength is his ability in the air and to bring other people into the game, you have to play the right way to get the best out of him. “Now he’s got more support around him which is going to help him and us.” With two goals in his last two matches, and eight for the season, the 33-year-old now has 86 overall to his name in his top-flight career. Hughes sees no reason why Crouch cannot go on to claim 100, saying: “I would think he can. Press Associationcenter_img Stoke manager Mark Hughes is backing striker Peter Crouch to join the Barclays Premier League’s ton-up club.last_img read more

Celtic cleared to sign Guidetti

first_img Guidetti is looking to rejuvenate his career after injury and illness derailed his progress. He scored 20 goals in 23 games for Feyenoord on a loan spell in 2011-12 and made his full international debut, but a problem with his leg, which was caused by illness, ruled him out of Euro 2012. He came back last season but a loan spell at Stoke only yielded six substitute appearances, with no goals. Press Association A FIFA spokesperson said: “After checking the documentation received and the information contained in the international transfer matching system managed by FIFA TMS, the Scottish Football Association was informed today that the envisaged loan deal may proceed.” English champions City and Celtic soon confirmed that Guidetti had joined Ronny Deila’s side on a season-long loan deal. Guidetti, who is on Sweden Under-21s duty, welcomed the news. He wrote on his Twitter account: “Delighted to have finally joined @celticfc on loan … Can’t wait to get started and play in front those fans #TheBhoys” The striker arrived at Celtic Park on Monday evening but the club only announced the signing of Serbia striker Stefan Scepovic before the deadline. Celtic successfully persuaded the Scottish Professional Football League to extend its deadline from 11pm to midnight, to fall in line with the SFA’s deadline. But part of the registration document was received just after midnight, forcing the SFA and SPFL to take the club’s case to FIFA. The bureaucratic hitch might yet prevent Guidetti playing in the Europa League group stages as the deadline for the submission of squads was midnight on Tuesday. Celtic have been granted special dispensation to sign Manchester City striker John Guidetti. The Scottish champions tried to sign the 22-year-old Swede on loan just before the transfer deadline on Monday night but part of the paperwork arrived just after midnight. However, an appeal to FIFA by the Scottish football authorities has succeeded. last_img read more

Union to announce agreement

first_imgThe UNITE HERE Local 11 union will be releasing a statement regarding their new pay agreement with administration later this week on Friday evening or Saturday morning.To finalize the agreement with the university, workers must go through a voting process. Voting will take place all day Thursday and for part of Friday. The votes will be counted Friday evening , and a statement about the results will be released later that day or Saturday.The workers’ current contract has been expired since June 30. The contract is in response to protests and rallies by Local 11 union workers and the Student Coalition Against Labor Exploitation, which both wish to see an increase USC workers’ low wages and the implementation of full-time hours.last_img read more

Mastercare Begins Trophy Defence in Asaba

first_imgThe second edition of the Delta State Principal’s Cup football competition for all secondary schools officially starts today in Asaba.The defending Champions, Mastercare International School Asaba will engage Comprehensive Secondary School, Ogwashi-Uku , in the kick off tie of what has been tagged Season 2 of the competition.All the local governments in the state will be represented in the tournament that will start with the zonal preliminaries before getting into the final knock out stage. The sponsors, Zenith Bank, will have Deputy Managing Director, Ebenezer Onyeagwu, representing the Group Managing Director, Peter Amangbo, while Delta State Governor, Ifeanyi Okowa, who has this programme on his heart, will be represented by the Commissioner for Basic and Secondary Education, Chiedu Ebie, at the opening ceremony.Okowa, it would be recalled at the closing ceremony of the first edition announced a scholarship award of N200,000 each for the individual winners throughout their secondary school education.Today’s kick-off will however be handled by Onyeagwu by 12noon at the St. Patrick’s Secondary School in Asaba to officially declare the tournament open.It was further learnt that the Local Organising Committee (LOC) for the tournament and the officials of the state government have been working round the clock to ensure a smooth take off of the developmental competition.“We are getting ready to stage a good event from all areas because our youths must be engaged and we have to boost their future through their talents,” Ebie said.Zenith Bank GMD, Amangbo, at the weekend promised that the Season 2 of the tournament would be more glamorous for the participants.“The enthusiasm of the players in the last edition was impressive and we also had good feedback about the skills exhibited in various centres during the competition and that is why we have to improve with every edition,” Amangbo said.Over 1,200 private secondary schools and 446 public government secondary schools took part in the maiden edition which had Mastercare International Secondary School emerging tops after beating Iderghe Secondary School 2-1 in the final.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Nigeria’s Glory Seeking Falconets to Arrive France Thursday

first_imgUNDER-20 WOMEN’S WORLD CUP* DStv, GOtv to Broadcast matches LiveNigeria’s Under-20 women national football team, Falconets, will fly into France today for this year’s FIFA Under-20 Women’s World Cup finals, taking place between August 5th and August 24th in the Brittany region of that country. According to the itinerary of the team released wednesday by the NFF, the Coach Christopher Danjuma wards will be hoping to end the hoodoo of an elusive international crown.The team was camped in Tirol, Austria for two weeks to finalise preparations for the tournament that gets under way proper from August 5.Nigeria will play Germany, Haiti and China in group D as they bid to go a step further than 2010 and 2014 when they reached the finals.Coach Danjuma named three goalkeepers, eight defenders, five midfielders and five strikers in his 21 players squad for the competition.Opening game for the Falconets is against Germany at the Stade Marville in Saint-Malo.Meanwhile, all the 32 matches of the 2018 FIFA U20 Women’s World Cup are to be broadcast live on DStv and GOtv and across SuperSport’s online and digital platforms.The biannual tournament will give hosts France an opportunity to celebrate a second world football title in the space of two months, following the men’s victory in Russia last month. The feat has only been achieved by Germany in 2014 when the senior male team won the FIFA World Cup in Brazil and went ahead to add the Women’s Under-20 World Cup months later.Home advantage and a runner-up finish in the last edition of the tournament make the French team, Les Bleuettes, genuine title contenders.Once again, Africa’s hopes rest with Nigeria and Ghana. The Falconets and Black Princesses have been Africa’s representatives in the last four tournaments with the Falconets finishing as runners-up twice in 2010 and 2014.The pay TV channel said that the tournament’s kick off game between Mexico and Brazil on Sunday August 5 at 12:15pm will be broadcast live on SuperSport 10 (DStv), SuperSport Select 1(GOtv).Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

SB Betting strikes the right retail balance with forBET

first_imgShare Danske Spil calls for esports makeover with Pinnacle Solution August 25, 2020 Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Related Articles StumbleUpon Share Submit SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 SB Betting has put the early success of its self-service betting terminal (SSBT) rollout in Poland down to finding the right balance between retail and online betting.In August, the Malta-based sports betting software provider concluded nine months of development by releasing a new two-screened SSBT for one of its Polish clients, forBET – one of just six sports betting licensees in the country operating in both the retail and online space.The two-screened terminal, equipped with cash and coin acceptors, barcode scanner and a thermal printer, allows customers to place bets on pre-match, in-play and virtual markets.The top screen is used to display live streams – for both real-life and virtual sports, while the bottom half is a touch screen enabling customers to monitor latest odds and place bets.SB Betting has used this design to demonstrate its desire to boost retail returns by incorporating key aspects of the online user experience (UX), and, according to the firm’s COO Michal Glowacki, position the SSBT as a “product that finds common ground between retail betting and online play”.This is partly because the retail vs online breakdown for bets placed has been reversed in the last 12 months, from 60-40 to 40-60. Therefore, some of the other desirable online components factored into the new SSBT UX include ease of deposit and payouts, as well as the ability to save a session – and use the deposited money later.“The first few months since launching the SBBT have been very promising,” said Glowacki. “A futuristic design, combined with lots of betting options including a wide selection of virtuals, statistics and live match streaming, makes it a complete betting product.”Glowacki did admit that unlike retail customers in Poland, often 50+ and not so price sensitive, SSBT punters – mostly under the age of 40, are likely to be comparing retail vs online via mobile.Therefore, it makes sense that the SSBT strictly produces the odds you would find online, in this case with forBET, to avoid becoming something of an internal competitor for the operator.This particular arrangement is an interesting one in that forBET has no shops, in comparison to the country’s other retail operators Fortuna, Milenium, Star-Typ Sport (STS), Totolotek and Etoto, with forBET instead focusing its presence on the placement of these SB Betting terminals in pubs and sports bars – a strategy hailed by Glowacki as the “natural way to call customers to action”.This legal placement of terminals has attracted a lot of attention from retail slot players, who had previously been restricted to playing slots owned by government-controlled Totalizator Sportowy.Glowacki concluded: “The SSBT from SB Betting has given this group the opportunity to feel the spirit and comparable joy to playing on monopolized slots.”It will be interesting to plot the progress of SB Betting, and particularly its partnership with forBET, in a tricky market hindered by a 12% turnover tax on both retail and online gambling, which last year led to a spate of high profile withdrawals including William Hill, GVC and Pinnacle.last_img read more