Brexit bargains: Foreign buyers snap up UK firms

first_imgHowever, the value of outward M&A, in which a UK company takes over a foreign one, plunged from £6.1bn to £1.5bn quarter-on-quarter. He added: “As interest in UK assets grows, the government’s lack of intervention into takeover bids for strategically important assets is prompting concern in certain quarters. Stricter regulation has made it easier for officials to intervene if a takeover is a threat to the UK’s national security but this power has remained largely under-utilised by the government. Many will be relieved that deal flow is not being stifled by protectionism.” “UK assets remain highly regarded by foreign bidders with the impact of Brexit on sterling helping to ensure that deals are relatively cheap. Many will see this period as the perfect time to snap up a bargain, not least private equity funds which are sitting on huge cash piles,” said Julian Stanier, a corporate finance partner at Pinsent Masons. Read more: UK M&A deal values more than halve amid global tensions Brexit bargains: Foreign buyers snap up UK companies in M&A frenzy Read more: US and UK deals outpace Europe Marsh & McLennan’s $5.6bn (£4.6bn) insurance deal to acquire Jardine Lloyd Thompson largely fueled the rise, according to today’s new findings from the Office for National Statistics (ONS). Tuesday 3 September 2019 12:35 pm Deals involving UK companies acquiring fellow domestic firms also jumped in value, rising from £1.8bn in the first quarter of 2019 to £2.8bn in the second quarter. Sebastian McCarthy The value of foreign takeover deals in the UK have jumped over the last quarter, nearly doubling on the previous three-month period after several notable mergers were inked in the City. Inward mergers and acquisitions, whereby an overseas company acquires a UK firm, rose in value to £18.4bn between April and June this year, climbing from £10.8bn when compared with the previous quarter. whatsapp Some of the biggest inward M&A deals of Q2 2019Value of deal1. Marsh & McLennan acquisition of Jardine Lloyd Thompson£4.6bn2. Vinci acquisition of majority stake in Gatwick airport £2.9bn3. Roper Technologies acquisition of Foundry £451m4. Asahi acquisition of Fuller, Smith & Turner£250m5. Entertainment One acquisition of Audio Network£178m whatsapp Sharelast_img read more

Juneau’s mutual aid network rallies neighborhood support groups

first_imgCommunity | Coronavirus | Juneau | SoutheastJuneau’s mutual aid network rallies neighborhood support groupsApril 4, 2020 by Mandy Nguyen, KTOO Share:(Illustration by Grace Hernandes)Community organizing has blossomed around the country in response to the COVID-19 pandemic.“Mutual aid networks” are volunteer-led, grassroots efforts to connect people with resources that might be more difficult to access during social isolation.Sarah Lubiner, one of the facilitators of Juneau’s burgeoning mutual aid network, said it simply on Tuesday’s Juneau Afternoon: “We’re a group of neighbors in Juneau. … We work together in solidarity to connect folks who can give things and who need things.”The scope of Juneau’s mutual aid network includes people’s “daily, timely needs,” which have been made more difficult to fulfill due to social isolation: “Things like grocery shopping and delivery, prescription pickup, remote tutoring, checking in via phone …” Lubiner said.“We’re not replicating the service of any direct service agencies or connecting individuals to existing organizations,” she clarified in a later interview. “We want to connect neighbors.”How you can helpThe network is entirely volunteer-led. All information can be found at the Juneau Mutual Aid website.There are three ways anyone can get involved:Person-to-person help: Anyone can offer resources, skills or time to others through the network. “If you have an ability to drive to the grocery store, and you aren’t immunocompromised and someone is … we can help connect those two types of people,” Lubiner provided as an example. Neighborhood coordination: For smaller-scale neighborhood support networks, “we’re hoping to have folks act as neighborhood point-people to get groups of between five and 30 people, whether it’s your apartment building or on your street, that you reach out to, to make sure that needs are met,” Lubiner said. “If, you know, one person is going to the grocery store instead of 5 people … that’s even furthering this goal of social distancing and making sure we’re not spreading the virus.”Resource coordination and organizing: Volunteers can coordinate requests for assistance with those who have offered to give help. Volunteers can also take charge of various behind-the-scenes coordination efforts. “We’ve had people volunteer to build the website, map out neighborhood networks,” Lubiner said. “If you want to get creative and contribute your strengths, we’re here as a platform. Just reach out.”The mutual aid effort isn’t meant to be a last resort to supply people with resources amid scarcity. Rather, Lubiner said it’s an opportunity for anyone to feel more connected within their communities: “While we are starting this organization in a time of pandemic, we hope that it creates connection and value in the community long beyond this time.”Lubiner closed her interview by reminding listeners of the ethos of mutual aid networks: “It comes from the idea that person-to-person connection and organizing is the root of justice, and is the way we can support in each other in hardship and day-to-day life. … We want to honor that history.”There are more than 140 mutual aid networks across the country, self-organized by volunteers equipped with shared spreadsheets, Zoom calls and the belief that effectively responding to societal crises means taking care of one another.Those interested in learning more and getting involved with the mutual aid network can visit juneaumutualaid.weebly.com.The full interview can be heard below:Audio Playerhttps://media.ktoo.org/2020/04/4-1-20-2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Share this story:last_img read more

Teen Vogue Brought the World’s Raddest Women to L.A. this Weekend

first_imgCelebrityTeen Vogue Brought the World’s Raddest Women to L.A. this WeekendHillary, Maxine, Ava… everyone was thereBy Zoie Matthew – December 4, 2017797ShareEmailFacebookTwitterPinterestReddItThe furniture was fuzzy and the ’fits were fabulous at the first-ever Teen Vogue Summit, which drew more than 500 young activists and leaders to venues throughout Los Angeles on Friday and Saturday. Over the past two years, the youth-oriented magazine has transformed into a powerful voice in politics and pop culture, a fact reflected by this weekend’s star-studded lineup.Photograph by Vivian Killiea/Getty Images for Teen VogueWhile Friday was spent immersing teen attendees in local companies like Instagram and Toms, Saturday was packed with panels, performances and talks by a diverse mix of big-name speakers. Bookended by keynote interviews with Hillary Rodham Clinton and Representative Maxine Waters, the day featured director Ava Duvernay, Black Lives Matter activist DeRey Mckesson, poet Cleo Wade, muslimgirl.com founder Amani Al-Khatahtbeh, actress Amandla Stenberg, and many more.Saturday’s biggest draw was Clinton, who guest-edited the December issue of the publication’s now-shuttered print edition. The 2016 presidential candidate shared the stage with 17-year-old Black-ish star, social justice activist, and all-around wunderkind Yara Shahidi. Amidst discussions about gender discrimination, James Baldwin, and gun control, they praised the young audience for its political astuteness. “This is the most inclusive, diverse, thoughtful generation,” said Clinton. “If you vote, we’re going to win.”“This is the most inclusive, diverse, thoughtful generation,” said Clinton. “If you vote, we’re going to win.”Many of the teens who made up that audience traveled to the summit from across the country, some paying their own way and others using scholarships or grants to cover the steep price tag (two-day tickets for the summit cost $549). Along with panels, attendees had the option to participate in interactive workshops and one-on-one mentor sessions, where they could pick the brains of successful women like Compton Mayor Aja Brown and Sephora Chief Merchandising Officer Artemis Patrick in fabulously plush outdoor lounges furnished by PBTeen.Late’Jah Whittaker, a 17-year-old freshman at Cal State Northridge, was invited by the nonprofit organization Black Girls Code to attend the conference. “It’s been really inspiring, I’ve learned a lot,” she said. “I’m really interested in computer science and technology. One of the workshops I was lucky enough to be a part of was on artificial intelligence.”Photograph by Vivian Killiea/Getty Images for Teen VogueAnother perk that came with the ticket price? The swag. Whittaker’s friend Camille Brown—a 16-year-old aspiring pharmacist-slash-model—was particularly excited about the gratis Juicy Couture jackets being distributed. Sadly, the Juicy booth ran out of hoodies before your humble reporter could snag one.RELATED: 11 Women Who Are Making L.A. a Better PlaceStay on top of the latest in L.A. food and culture. Sign up for our newsletters today. Previous articleThese Are the Best Ways to Experience Los Angeles Without a CarNext articleA Limited-Edition Disney Christmas Mug Exists and Obviously You Need ItZoie Matthewlast_img read more

News / Another new low for Asia-Europe rates as carrier GRIs again fail to make an impact

first_imgBy Mike Wackett 05/06/2015 In a further worsening development for ocean carriers, their 1 June $800-$1,000 per teu general rate increases (GRI) on Asia-Europe have failed to make any impression on container spot rates.Hitherto, GRIs could usually be expected to show some short-term gains and at least ‘stop the rot’. But the Shanghai Containerized Freight Index (SCFI) for North Europe and the Mediterranean remained in decline this week, shedding another $58 and $87 per teu respectively.Spot rates to North Europe recorded another all-time low, at just $284 per teu, and have now fallen by almost $600 in four weeks – despite increasingly desperate attempts by carriers to implement GRIs and underpin them with cancelled westbound sailings.Blanked sailings advised to The Loadstar this week included those from the Ocean Three and G6 alliances, one a scheduled sailing from Asia to North Europe next week, while the G6 pulled a voyage in the week after.Richard Ward of container brokers FIS said the parlous situation for carriers operating between Asia and North Europe was becoming a case of “survival of the fittest”.Those with weaker balance sheets will struggle to keep their heads above water if the rate war continues apace, having already given away more than the fuel price windfall in discounts to shippers.Indeed, the biggest container line and the one posting the biggest profit, Maersk Line, announced this week an order for eleven 19,630 teu ships, with an option for an additional six, as it readies itself to dominate the Asia-Europe route after the rate war.While Maersk’s deep pockets and industry-low unit costs will enable it to ‘live with’ the record low freight rates, which are also impacting other tradelanes, the unprecedented nature of the declines could still oblige the Danish group to review its outlook guidance for the container line downwards at the half-year stage.For the less fortunate carriers with more precarious balance sheets, given a respite by the recent plunge in fuel costs, financial results for the second quarter are looking as though they could be catastrophic.The final comment this week comes from the industry-veteran publication DynaLiners, which is now celebrating its 26th year of issue.It said today: “It is and remains a weird combination: on the one hand, carriers spend billions of dollars on more and larger ships, while on the other hand they waste loads of money in a devastating rate war that does not increase the market size, but risks bankruptcies instead.”Indeed.last_img read more

10 new houses planned for Portlaoise ‘delayed’

first_img WhatsApp Previous articleGarda helicopter combing the Midlands following robberyNext articleDemolition of former primary school building unlikely to start until summer Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. By Alan Hartnett – 20th February 2018 TAGShousesKilminchy Community Laois County Council team up with top chef for online demonstration on tips for reducing food waste Twitter RELATED ARTICLESMORE FROM AUTHOR Ten Laois based players named on Leinster rugby U-18 girls squad Home News 10 new houses planned for Portlaoise ‘delayed’ News Laois County Council create ‘bigger and better’ disability parking spaces to replace ones occupied for outdoor dining 10 new houses planned for Portlaoise ‘delayed’ WhatsApp Pinterest Facebook Facebook The construction of ten new houses in Portlaoise has been delayed.Laois County Council was due to make a decision on the application this week but will now not do so.They have instead requested further information from Raven Construction on its plans.The initial planning application consisted of the construction of six three-bedroom and four four-bedroom semi-detached homes at Lake Drive, Kilminchy.The news comes a week after the plan for eight new houses to be built in Mountrath was revisited and changed to six over the risk of flooding.Risk assessments carried out on Shannon Street revealed that a stretch of land would be at high risk of flooding.Because of this the council have acted by reducing the plan from eight to six houses.SEE ALSO – Garda helicopter combing the Midlands following robbery Pinterest Twitter Rugby Council last_img read more

World Bank Provides US$20 Million for Saint Vincent and Grenadines’ Response to La Soufrière Eruption

first_imgWorld Bank Provides US$20 Million for Saint Vincent and Grenadines’ Response to La Soufrière Eruption The World Bank disbursed US$20 million to support the Government of Saint Vincent and the Grenadines’ response to the crisis posed by the La Soufrière volcano eruption.The explosive eruption began on April 8 and has required the evacuation of 20,000 people from the high-risk zones around the volcano, both to other parts of Saint Vincent and surrounding countries. Explosions are continuing, and the falling ash is causing air quality concerns and interruptions in electricity and water supply.“Our hearts are with the people of Saint Vincent and the Grenadines during this crisis,” said Tahseen Sayed, World Bank Country Director for the Caribbean. “We are committed to supporting the response efforts at this critical time when the country faces this new disaster while already managing the social and economic effects of the pandemic.”The funds are disbursed from a contingent credit line from the World Bank, known as the Catastrophe Deferred Drawdown Option (Cat-DDO), approved in June 2020. The Cat-DDO instrument is designed to provide immediate liquidity to support a country’s efforts to recover from disasters triggered by natural hazards or a public health emergency. In recent years, the Government of Saint Vincent and the Grenadines has been making efforts to strengthen its preparedness and capacity to respond to disasters.World Bank Group COVID-19 ResponseThe World Bank Group, one of the largest sources of funding and knowledge for developing countries, is taking broad, fast action to help developing countries strengthen their pandemic response. We are increasing disease surveillance, improving public health interventions, and helping the private sector continue to operate and sustain jobs. Over the next 15 months, we will be deploying up to US$160 billion in financial support to help countries protect the poor and vulnerable, support businesses, and bolster economic recovery, including $50 billion of new IDA resources in grants or highly concessional terms. /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:air quality, Caribbean, covid-19, COVID-19 Response, director, disaster, electricity, Emergency, evacuation, Government, pandemic, pandemic response, public health, resources, surveillance, World Banklast_img read more

Western Australia coronovirus update as at 17 April 2021

first_imgWestern Australia coronovirus update as at 17 April 2021 The Department of Health has reported one new case of COVID-19 overnight – a female in her 40s – who is in hotel quarantine after returning from overseas travel.The State’s total number now stands at 967.WA Health is monitoring 17 active cases of COVID-19 and 941 people have recovered from the virus in WA.To date, the WA Department of Health has administered 75,837 COVID-19 vaccinations. Yesterday, 1792 people were vaccinated.The Commonwealth Government vaccination national roll-out figures can be found on the Australian Department of Health website (external site).Yesterday, 393 people were assessed for testing at WA Health COVID clinics, with 393 swabbed.There have been 982,480 COVID-19 tests performed in WA. Of those, 136,381 were from regional WA.To date, 47 cases of variant strains have been detected in Western Australia – 34 of the B.1.1.7 strain, 12 of the B.1.351 strain and one of the P1 variant (Brazilian variant).Update on vessel Aquagenie:The captain of the Aquagenie (male in his 60s) was removed from the vessel late yesterday and transferred to Karratha Health Campus where he was assessed. Overnight, he was transferred to Royal Perth Hospital where he remains in an isolation ward and is being monitored.The vessel departed at 8.15pm last night for Manila after all remaining crew were found to be well.Visit WA Health’s HealthyWA website for the latest information on COVID-19. /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:Australia, Australian, commonwealth, Department of Health, Government, health, isolation, Karratha, Manila, Perth, quarantine, Royal Perth Hospital, vaccination, WA, WA Health, Western Australialast_img read more

Press Briefing by White House COVID-19 Response Team and Public Health Officials 26 May

first_imgPress Briefing by White House COVID-19 Response Team and Public Health Officials 26 May The White HouseVia Teleconference1:34 P.M. EDTACTING ADMINISTRATOR SLAVITT: Good afternoon, and thank you for joining us. Today, one of my goals is to avoid embarrassment, and therefore, I will focus my remarks squarely on the serious business of the progress of vaccinating the country.So I begin by talking about VAX-a-Million. Ohio Governor Mike DeWine has unlocked a secret: People do care about getting vaccinated, but it turns out they also have other things they care about. Some of those things might encourage people to think about what might otherwise be a lower priority. So, every week for the next five weeks, one Ohioan will win $1 million. The only way to win is to get vaccinated. Vaccines — patriotic, free, good for your social life, and a chance to win.In the days after Ohio announced the program, the state saw a 55 percent increase in its vaccination rate among younger adults 20 to 49 years of age. In several counties, the rate of vaccination doubled compared to before the announcement. In other words, the program is working. Since then, we’ve seen more states, including Maryland, New York, and Oregon announce similar programs. We are nothing if not responsive to good ideas.Today, the Treasury Department issued new guidance on these programs, providing additional information on how federal funds in the American Rescue Plan can be used for vaccine incentive programs.And the bottom line is: With this guidance, we encourage states to use their creativity to draw attention to vaccines and to get their states and the country back to normal as quickly as possible. This includes lottery programs for vaccinated individuals — cash or in-kind transfers or other monetary incentives — for individuals to get vaccinated.Dozens of businesses and organizations have also responded to the President’s call to action to volunteer their services and help the American people get vaccinated. For example, yesterday, United Airlines announced that every day in the month of June, they’re giving away two round-trip, first-class tickets to anywhere in the world if you are vaccinated, and they will give away five sets of round-trip tickets to travel anywhere in the world for an entire year. The only way to qualify is to get vaccinated.So people may say all of this is frivolous. I say: Anything that ends the pandemic, it’s time for us to pull out now.For those on the fence, find whatever reason you want to get vaccinated. For those not sure yet, do your homework. Talk to your doctor or your pharmacist. All concerns are reasonable, but do yourself a favor: Don’t let some guy on Facebook answer your question when good answers are available.Today, the U.S. will hit 50 percent of adult Americans that are fully vaccinated. This is a major milestone in our country’s vaccination efforts. The number was 1 percent when we entered office January 20th.Across the country, 25 states and the District of Columbia have fully vaccinated 50 percent or more of their adult population, and 9 states have recently crossed the threshold of 70 percent of adults with at least one shot. I really do want to applaud all of the good work and applaud all the people in those states.And, of course, the progress that we’ve made — we’ve reduced suffering across the country — is due to all of you who have gotten vaccinated; who’ve contributed not only to your health, but to mine and my family’s and my friends and yours, and the health of people who can’t get vaccinated because of their medical condition. You’ve contributed to our country.You might be seeing all the positive news around you — cases down, deaths down, friends safely shedding their masks, businesses reopening — and think you’re in the clear.But we have a couple of messages: We have more work to do to meet the President’s goal of 70 percent of adult Americans with one shot by July 4th, and, unless you’re vaccinated, you are at risk. When the virus looks for a place to spread and it doesn’t spread to a vaccinated person, it will look for you.So, I hope you’ll go to Vaccines.gov or text your ZIP Code to 438829 or walk into one of the more than 20,000 locations where you don’t even need an appointment and get vaccinated today.And with that, I will turn it over to Dr. Walensky.DR. WALENSKY: Thank you, Andy. Good afternoon. Let’s begin with an overview of the data.We continue to see decreases in the COVID-19 cases nationwide. Our seven-day average is 22,877 cases per day. This represents yet another decrease of about 25 percent from the prior seven-day average and reflects seven contex- — consecutive days with our seven-day average below 30,000 cases a day. The seven-day average of hospital admissions is 3,080, a decrease of almost 17 percent from the prior seven-day period. And seven-day average daily deaths have also declined to two- –to 501 per day.We are continuing to watch these data closely, and I remain cautious but hopeful they will continue to trend downward as vaccinations scales up.This coming weekend is Memorial Day. I know that many of you are looking forward to spending time with your family and friends at picnics and bar (inaudible). Thanks to vaccines, tens of millions of Americans are able to get back to something closer to normal: visiting friends and family. These are the events we missed over the last year, and we are now safe (inaudible) when we are vaccinated.This past weekend, I got to spent time outside with my family, and I was encouraged to see so many others outside and to see so many of their smiles, working to regain so much of what we have lost. All of this is possible because vaccinations are going up and cases and risk of community transmission across the country are going down.Here are the important points to remember going into Memorial Day weekend: If you are vaccinated, you are protected and you can enjoy your Memorial Day. If you are not vaccinated, our guidance has not changed for you. You remain at risk of infection. You still need to mask and take other precautions. And if you are not vaccinated, I want to encourage you to take this holiday weekend to give yourself and your family the gift of protection by getting vaccinated.We are on a good downward path, but we are not quite out of the woods yet. Cases, hospitalizations, and deaths are all declining because of the millions of people who have stepped forward and done their part to protect their health and the health of their communities to move us out of this pandemic. Here’s to the start of blue st- — skies and better days ahead.Please, everyone, enjoy a safe, happy, and vaccinated Memorial Day weekend. Thank you. I’ll now turn things over to Dr. Fauci.DR. FAUCI: Thank you very much, Dr. Walensky. So let me just talk a little bit about the situation regarding how well we are doing in the care and the treatment of people with COVID-19.As you can see from this chart, the case fatality rate of the ongoing pandemic has dramatically diminished over a period of about a year, such that we’re down to around 2 percent or so. This is due not only to being able to take care of people better in a non-pharmacological way, but also to be able to utilize some of the interventions that have been shown to be safe and effective.Next slide.I spoke to this group previously about the NIH treatment guidelines panel, which is accessible on the website shown here: www.COVID19TreatmentGuidelines.NIH.gov. If you can’t remember that, just go NIH.gov and search for “treatment guidelines.”The reason I show you this — and I know it’s very difficult to read the small print — is that we now have compartmentalized the disease severity and the most appropriate therapies from people not hospitalized to those hospitalized without severe disease; for those hospitalized requiring oxygenation; those hospitalized requiring delivery through high-flow devices; and those hospitalized requiring mechanical ventilation or “ECMO.”I would like to have people realize that continuing going to this treatment guidelines panel website, literally on a daily basis, you can get a feel for what the latest data are in the treatment of individuals. Here’s an example.Next slide.Just about four days ago, it was posted, on this pre-print server, the results from a Regeneron trial using their combination cocktail monoclonal antibodies, which showed a rather substantial diminution in the risk of hospitalization or all-cause death compared to a placebo. This will immediately be on the treatment guidelines panel.Next slide.I just want to also introduce you to something that we have been using at the NIH and with our collaborators. It’s called “ACTIV”, which is the Accelerating COVID-19 Therapeutic Interventions and Vaccines, which is a public-private partnership in which we’ve evaluated hundreds of potential therapeutic agents and prioritizing the most promising candidates to test in later clinical trials.These protocols are coordinated and efficient evaluation of multiple investigational agents as they become available.Next slide.And these are some of the ones that we have. There’s an ACTIV-1 trial on immunomodulators; ACTIV-2 on monoclonal antibodies; ACTIV-3 on monoclonal antibodies together with other therapies; ACTIV-4 with antithrombotics; and ACTIV-5, which we call the “BET,” or Big Effect Trial, aims to identify promising treatments for large trials; and, finally, repurposed drugs, which we’re always trying to see if we have a hit there.Next slide.And, finally, just something I didn’t get a chance to mention to you when I spoke about vaccines and variants. A little bit off the current topic, but this is very important. Because Public Health England, just about three days ago, published that their clinical trial, looking at Pfizer-BioNTech and AstraZeneca, show that two weeks after the second dose, there was extremely good protection not only against the predominant variant B117, but also against 617.So, the same thing I mentioned a couple of weeks ago: importance that when you look at vaccines, things get better and better. I’ll stop there and hand it over to Marcella.DR. NUNEZ-SMITH: Thank you so much, Dr. Fauci. Good afternoon, everyone. Just great to be with you to provide a brief update on where we are with equity.Last week when I joined, I shared the very encouraging equity trends that we’ve seen in the federal vaccination channels. The majority of those vaccine doses have been administered to people of color at the federally run mass vaccination centers, through the community health center partnership, and most recently, we see similar trends through the Federal Retail Pharmacy Program.So, today, I want to speak briefly to the states, the Tribes, the territories, and to local jurisdictions: We all know equity is a team sport, and I just want to say thank you to all of you for centering equity in your vaccination campaigns and for the collaboration.As we look at our national data now on race, ethnicity, it continues to suggest close to the majority of first-vaccine doses administered to adults in recent weeks are going to people of color. And we’ve made substantial, significant progress in data collection and reporting: We’ve gone from 17 states reporting those variables in January to 48 states reporting them now.And we also see that data completeness is improving: Race/ethnicity data in approximately 70 percent of administered doses in the country are now available, and that’s up from the low 50s previously. And so this is an important milestone. And as data quality continues to improve, we will have greater confidence as we use these data to guide and drive outreach, engagement, and resource investment.We all have more work to do. We have to continue to ensure everyone who is at “yes” does not face barriers to vaccination — assisting with transportation; creating more walk-up opportunities; having flexible hours; making sure that vaccination menus are accessible; being clear that insurance is not required, vaccines are free — no one will have out-of- pocket costs; and being clear everyone is eligible regardless of documentation status; and partnering with employers so people have paid time off for vaccination; and, of course, always meeting people where they are.So we must also recognize many groups have been hard hit by the pandemic. Equity metrics are not limited to race and ethnicity. We must be intentional about place, reaching rural frontier communities. We have to work to remedy data invisibility. The disability community, the LGBTQ-plus community — among others — are often hidden in our data.Our role of race/ethnicity categories — such as Asian American; Native Ameri- — Native Hawaiian, Pacific Islander — mask subgroup differences and should be better desegregated.So, at the White House, we’re continuing our stakeholder roundtables to make sure these voices are elevated and represented in order to better inform our work.So across all of the partnerships — state, local, federal, clinical providers, community faith-based organizations, philanthropy — thank you for continuing to prioritize equity. We need everyone in this effort if we’re going to be successful. We will use every tool in our tool belt to position all of our communities for success so, together, we can ensure every community makes it to the other side of the pandemic and to our new normal. So, thank you.With that, back to you, Andy.ACTING ADMINISTRATOR SLAVITT: Thank you, Dr. Nunez-Smith. Kevin, let’s take a few questions. Here comes Kevin. One moment, please.MODERATOR: Thanks, guys. Let’s go to Cheyenne Haslett at ABC.Q Okay, great. I just was able to unmute. Thank you for taking the question. So, we’re reporting that General Perna just told the governors, earlier today, that there are 53 million doses available to the states that have yet to be ordered in the federal supply. I want to ask if you have a response to that, and at what point you think you’ll be able to steal the — steer these doses elsewhere to other countries.ACTING ADMINISTRATOR SLAVITT: Yeah. Thanks for the question. This — the sound working? Okay. All right, all of our problems have been fixed now.So, the question is to — how we were handling excess doses and global doses. The President announced, I believe it was two weeks ago, that we were going to be taking 20 million of the doses that were designated for distribution in the U.S. and adding them to the 60 million doses that we previously committed to distributing around the globe. So, by the end of June, we know that 80 million doses will be distributed across the globe.We’ve also implemented an even tighter distribution system for vaccinations — for vaccines to states so to — to even more tightly manage the supply chain. So, we will be able to keep track of and be able to export additional vaccines to the extent that we have the capacity.I will say that it is our first objective and prime hope that people in this country use the doses that we have all procured and that are — that are clearly our path to better health and to getting back to normal. And so we are going to work with states to use every single dose possible, as you heard Dr. Nunez-Smith talk about, making sure that we reach out to people as aggressively as possible where they are and get them vaccinated.Next question.MODERATOR: Thanks. Let’s go to Tamara Keith at NPR.Q Thank you for taking my question. I know that you expressed excitement about this coming Memorial Day weekend. Remembering a year ago — and there were so many concerns about whether it would be safe or whether it would lead to a bunch of super-spreader events — are you at all concerned that the, sort of, masks-off, life-is-back-to-normal reality is going to lead to unvaccinated people having super-spreader-type events? Are you worried cases could rise after Memorial Day?ACTING ADMINISTRATOR SLAVITT: Thanks, Tamara. Dr. Walensky?DR. WALENSKY: So we have seen — we have seen after holiday weekends in the past that cases have risen, but we’ve never been in a position where we’ve had almost ha- — half the adults of America vaccinated and protected from this virus.Our guidance is very clear: If you are vaccinated, you are protected. And if you are unvaccinated, in the context of Memorial Day weekend, we are really encouraging you to adhere to our guidance for people who are unvaccinated, and, of course, to get vaccinated.ACTING ADMINISTRATOR SLAVITT: Next question.Q Hi, thanks for taking my question. We know that Moderna is going to be applying for an EUA for teens. What is the significance of this? And what does this mean for getting teens vaccinated by the school year?ACTING ADMINISTRATOR SLAVITT: Dr. Fauci, would you like to take that? I don’t think he heard me.So, let me — let me give an answer to that. It will be inferior to the answer Dr. Fauci would give me if he — if he heard me.Yeah, they can’t hear.DR. FAUCI: You’ve — you’ve muted.ACTING ADMINISTRATOR SLAVITT: They finally muted me.DR. FAUCI: Andy, you’re muted.MODERATOR: I think we can hear you, Andy.ACTING ADMINISTRATOR SLAVITT: Can you hear me?MODERATOR: Yeah.DR. FAUCI: Now we can hear you.ACTING ADMINISTRATOR SLAVITT: Okay. Dr. Fauci, did you hear the question? The question was: the significance of the Moderna press release that they will have 12- to 18-year-old apply — that they’ll have an application in next month.DR. FAUCI: Yeah. Well, certainly, that’s one of the things we would like to have, because if you put the Pfizer together — which already will be able to vaccinate and are vaccinating 12- to 15-year-olds — together with the recent data from Moderna, which likely would lead — as we enter into the beginning of the new fall term — that hopefully we’ll be able to get adolescent vaccine — I mean, high school students vaccinated actually before they enter the fall term, which is really very good news.So, now we only — we have not only a single company, Pfizer, but it looks very much like we’ll have (inaudible) of another similar vaccine — an mRNA from Moderna. So, all good.ACTING ADMINISTRATOR SLAVITT: Great. Next question.MODERATOR: Let’s go to Shannon Pettypiece at NBC.Q Hello. Two questions. Hopefully neither two are going to take too much time. But, when will the first doses start being shipped overseas?And also, on the booster: I know you don’t have an answer yet on whether or not we’ll need one, but could you give us a timeline on when you think we will know whether or not we will need one, and what the process looks like to coming to that decision about whether or not we’re going to need a booster?ACTING ADMINISTRATOR SLAVITT: So the President has committed that we will export 80 million doses before the end of June. We are currently awaiting FDA approval for the AstraZeneca doses. So, that’s the only thing in our way.Dr. Fauci, do you want to take the second question?DR. FAUCI: (Inaudible), Andy. So, with regard to the boosters, as I’ve said many times, we do not know precisely when we will need to boost. There are two ways to determine that: One, is from a laboratory correlative-immunity way, and the other is from the clinical observation.The correlative immunity is when you look at the level below which you lose a considerable amount of protection. You can follow cohorts of individuals — like we are doing with people who are involved in the original phase 1, 2-A, 2-B trials — and determine from them when they go below that level. That could be several months; that could be a year or more. We don’t know the answer to that.But what we are doing — just to preemptively get to the point where we’ll be able to do it — is that there are a number of studies now looking at what the effect of the booster dose would be: namely, how high would you bring it up? At what level will you start? What is the differential between where you start and where the boost brings you?So the bottom line: I’d like to give you a specific time and say, “X number of months,” but, quite frankly, we don’t know the answer to that right now. But we’re continuing to look so that we will be able to give you a definitive answer.ACTING ADMINISTRATOR SLAVITT: Next question.MODERATOR: We have time for (inaudible) question before 2 — Ricardo at the AP.Q Hi, sorry about that — a little slow there with the mouse. Yeah, my question is for Dr. Fauci. And it’s an issue that’s been coming back up again. And I’m just curious to ask you, what is your latest thinking on the origins of the virus — whether it’s, as you like to say, “wild-type,” or if it’s something that could have escaped from a lab? I’m just curious what your latest thinking is on that.DR. FAUCI: (Inaudible.) As I’ve said many time: Many of us feel that it is more likely that this is a natural occurrence, as has happened with SARS-CoV-1, where it goes from an animal reservoir to a human. But we don’t know 100 percent the answer to that.And since this is a question that keeps being asked, we feel strongly — all of us — that we should continue with the investigation and go to the next phase of the investigation that the WHO has done.So, because we don’t know 100 percent what the origin is, it’s imperative that we look and we do an investigation. And that’s how we feel right now.ACTING ADMINISTRATOR SLAVITT: Yeah, let me just close up by saying: It is our position that we need to get to the bottom of this, and we need a completely transparent process from China; we need the WHO to assist in that matter. We don’t feel like we have that now. We need to get to the bottom of this, whatever the answer may be, and that’s a critical priority for us.So with that, I will thank you all for attending and hope you have a great rest of the day and rest of the week.And we’ll be doing this on Friday. Thanks.2:00 P.M. EDTTo view the COVID Press Briefing slides, visit https://www.whitehouse.gov/wp-content/uploads/2021/05/COVID-Press-Briefing_25May2021_for-transcript.pdf /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:ABC, america, Asia, China, COVID-19 Response, District of Columbia, EU, Europe, FDA, Government, Hawaii, Maryland, New York, NIH, Ohio, Oregon, United States, White House, WHOlast_img read more

Statement from President Biden on Election of Isaac Herzog as 11th President of State of Israel

first_imgStatement from President Biden on Election of Isaac Herzog as 11th President of State of Israel The White HouseOn behalf of the people of the United States, I extend my warm congratulations to Isaac Herzog on his election to serve as the 11th President of the State of Israel. Throughout his career, President-elect Herzog has demonstrated his unwavering commitment to strengthening Israel’s security, advancing dialogue, and building bridges across the global Jewish community. I am confident that under his presidency, the partnership between Israel and the United States will continue to grow and deepen.I also want to thank President Reuven Rivlin for his many years of service to the people of Israel. I look forward to welcoming President Rivlin to Washington in the weeks ahead to honor his dedication to the enduring partnership and the close friendship between our two nations. /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:building, career, community, dialogue, election, Government, Israel, presidency, President, security, United States, Washington, White Houselast_img read more

Video games and artificial intelligence drive BMW’s vision

first_img PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca First Look: 2022 Lexus NX The sport-cute’s looks have been softened, but its powertrains and infotainment offerings have been sharpened Trending in Canada COMMENTSSHARE YOUR THOUGHTS Visibility and different viewing angles can be assessed, while the effect different seating positions have on the view of a display on a screen can be tested. This gives the development engineers the impression of experiencing a real-life road situation inside an actual car, without ever leaving the studio. Trending Videos RELATED TAGSBMWLuxuryLuxury CarsLuxury VehiclesNew VehiclesAIBMWDesignmobilitynextgen2020 See More Videos Last year, the boffins in Munich created an event called #NEXTGen, a soirée which highlighted BMW’s technological developments and how they plan to shape the future face of transportation. Festivities in 2020 have understandably been moved online but continue to showcase new tech and vehicles, while also looking at some very specific examples of what next-gen mobility will look like.Artificial intelligence (AI) is no longer the stuff of Star Trek androids or rebelling robots being wrangled by Will Smith. BMW uses AI in more than 400 applications and in every relevant area of the company.It says it plays a particularly important role in the development of new vehicles and technologies, including the basis for automated driving. Interestingly, AI isn’t solely implemented when trying to take humans out of the equation; it’s deployed when assessing natural user experiences as well. center_img The Rolls-Royce Boat Tail may be the most expensive new car ever New Vehicles Mini’s Vision Urbanaut is a digital car designed for the future, from the inside-outby Coleman Molnar | November 17, 2020 We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. advertisement The prerequisite for any application of artificial intelligence is, of course, a comprehensive database. In order to virtually map traffic in its driving simulation centre, and to train BMW vehicles on Automated Driving, the real-world road network and traffic events must be digitized — nearly a quarter-million kilometres of road to date. Computer nerdsaficionados will appreciate knowing the BMW Group High Performance D3 has over 230 petabytes of storage capacity in the target expansion, as well as more than 100,000 processor cores and over 200 GPUs (Graphics Processing Units).AI is already on the road in certain vehicles from the BMW Group, popping up in the form of the company’s Intelligent Personal Assistant (IPA). This feature is intended to make it easier for customers to operate the vehicle by simply speaking the command “Hey BMW,” activating the IPA and controlling many functions by voice command. The irony of this feature sharing its acronyms with a drink you’re not supposed to consume while driving is not lost on your author.AI helps here because it doesn’t necessarily require predetermined commands to interpret what the user wants. In time, it’ll learn your phrases and cadence, meaning the days of saying “Call Patricia” and the car replying “Calling towing assistance” are starting to fade into the rearview mirror.RELATED It takes a team of professionals to make all this work, of course, and the challenges put in place by 2020 have made virtual collaborations more important than ever. Rethinking vehicle development is a key goal, with traditional engineering tools no longer adequate for developing features like the AI mentioned earlier. For that reason, BMW is the first manufacturer in the world to use technology from the gaming industry, having collaborated with video game developer Epic Games since 2015.A mixed-reality system, developed using components from the computer game industry, is used on projects such as these. This saves an abundance of time and effort, particularly in the early stages of development. Unlike conventional engineering tools, gaming technologies have functions like virtual reality and the ability for users to interact, which shortens lead times and permits designers to quickly visualize vehicle functions and new interior concepts. These tools also give developers a totally new level of flexibility unseen in older methods of design.The ability to study vehicle functions and new interiors in a virtual reality space opens up many new ways in which to test concepts. For example, the team can make a simulation of city driving, making it possible to test aspects of a concept car that would normally only reveal themselves in the real world. ‹ Previous Next ›last_img read more

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