Feature Photo: First Steps in a Long Journey

first_img Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Kalispell resident Jake Bramante makes a video of McDonald Creek with his Canon 7D as the rushing water makes its way toward Lake McDonald in Glacier National Park. Bramante, who is planning on hiking all 734 miles of trails in the park this season, took his first steps towards completing his goals as he set out across McDonald Creek Trail on Tuesday, May 17. Follow his trek at www.hike734.com. Emaillast_img read more

AfDB wins industry gong for pioneering 2019 social bond issue

first_imgRead more news on:African Development Bank The Bank is rated AAA by all four major credit rating agencies, with a stable outlook. Sign up for the ESI Africa newsletter “It is inspiring to observe how the African Development Bank sources global capital to finance, lead and develop a strong platform for inclusive and environmental growth across Africa. We know from many of our investors that the ability to participate in Africa through AfDB’s triple-A rating is highly appreciated and we look forward to many more transactions like this,” said Christopher Flensborg, the head of the climate & sustainable finance in large corporates & financial institutions at the Skandinaviska Enskilda Banken, a Swedish financial group.   “We are honoured to receive this recognition for this first-ever issued social bond in the Norwegian market. This NOK issue reinforces the Bank’s High 5 operational focus which is aligned with the Sustainable Development Goals. Our Social bond framework allows us to attract investors whose interests are aligned with those of our development mandate,” said Bajabulile Tshabalala, acting Senior Vice President of the African Development Bank. The proceeds from this social bond issuance are being directed toward poverty reduction, job creation, and inclusive growth. Since 2017, the Bank has launched nearly $5 billion worth of such instruments denominated in US dollars, euros and Norwegian krone. In 2018, the Bank was recognised as ‘Second most impressive social or sustainability bond issuer‘ at the Global Capital Socially Responsible Investments Awards. This Environmental Finance 2020 bond award was given by an independent panel comprising 30 of the world’s largest green, social and sustainability bond investors. AFD and Eskom commit to a competitive electricity sector “We are delighted to be honoured by market leaders as we devote our efforts towards the economic and social development of the African continent. The mission of the African Development Bank is to combat poverty and improve lives and social bonds allow us to showcase the impact of our social projects in Africa,” said Hassatou Diop N’Sele, Treasurer of the African Development Bank Group. Low carbon, solar future could increase jobs in the future – SAPVIA TAGSAFDBHealth and safetysustainability Previous articleUrgent discussions on utilities’ response to COVID-19 crisisNext articleIPPs to challenge Eskom’s force majeure on wind farms Ashley TheronAshley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa. RELATED ARTICLESMORE FROM AUTHOR  The Environmental Finance 2020 bond award followed the 27 March announcement that the Bank had raised a record $3 billion from its Fight COVID-19 social bond, the proceeds of which will fund public and private efforts to tackle the viral pandemic in Africa. Fight COVID-19 is the largest social bond ever issued in capital markets. Finance and Policy The African Development Bank bond issue was the firstsocial bond ever launched in the Norwegian market, and the Bank’s firsttransaction in NOK. It was launched inApril 2019, as part of a dual-tranche social bond and green bond, placed on theNorwegian and Swedish markets. The dual transaction drew strong interest fromdedicated socially responsible investor portfolios as well as those whostrongly weight environmental, social and governance considerations in theirinvestment strategies.  The African Development Bank (AfDB) has received an award for its successful one billion Norwegian krone (NOK) social bond issued in 2019. Generation BRICS UNDP China, CCIEE launch report to facilitate low-carbon developmentlast_img read more

Bike business supports Dorel results in Q1 2012

first_img Related Cannondale owner Dorel Industries Inc has released its Q1 2012 results. Total company revenue rose 2.2% to US$621.1 million. Noting that the first quarter of 2011 was last year’s strongest, Dorel President and CEO Martin Schwartz said that momentum thus far in 2012 is encouraging after a generally tough 2011.Also, as noted by the company for its full year 2011 results, Dorel’s first quarter has again been supported by the activities of its bike business, which sits within Dorel’s Recreational/Leisure division.“Last year was characterized by a good start, difficult second and third quarters and a reversal of that negative trend in the final quarter,” said Dorel President and CEO Martin Schwartz.“I am pleased that we are continuing to move in the right direction. Recreational/Leisure continued to drive results, posting its best quarter ever on the back of a strong 2011. Powered by brand building, continuing innovation and growing distribution across the globe, sales grew in both the IBD and mass merchant channels. There has also been operational improvement at our Apparel Footwear Group (AFG).”Dorel’s Recreational/Leisure division includes the following brandsCannondaleGTSUGOISchwinnMongooseIron HorseInSTEPDorel’s Recreational/Leisure business segment delivered a 10.2% year on year gain in revenue to reach US$220.9 million for Q1 2012. Gross profit rose 14.6% to US$58.4 million; and operating profit surged 20.3% to US$21.4 million.As the company noted in its quarterly sales release…The revenue growth of 2011 continued into the first quarter of 2012 with sales increasing in the IBD channel in the US, Europe and Japan. The Cannondale, GT and Mongoose brands are doing especially well in Europe. CSG Canada also contributed to the sales growth with strong spring shipments to certain key customers.While more modest, sales were also up to the segment’s mass merchant customers as favourable weather conditions helped drive consumer demand. Operating profit for the quarter was the highest ever in the segment’s history, dating back to 2004. The AFG apparel division was a positive contributor to earnings and its turnaround is on track.Within Recreational/Leisure unit, Dorel’s AFG apparel division (including the SUGOI brand) struggled in 2011. Last year, the division was hit by a write-down of excess inventory from prior model years and costs of US$1.8 million related to the strategic decision to outsource the ‘custom manufacturing’ business to a third party.www.dorel.comlast_img read more

BrightSign and NEC Display Solutions Partner for Large-Format Displays With Digital Signage Capability

first_imgBrightSign and NEC Display Solutions have collaborated to deliver a family of large-format displays with integrated digital signage capabilities. The full range of NEC MultiSync V Series large format displays are now available with the BrightSign OPS digital signage media player included.The new NEC/BrightSign combination makes it possible to deliver relevant, targeted digital content to inform, entertain, direct or inspire viewers in retail stores, museums, quick-service restaurants, corporate environments and other public settings. Integrating the media player into the display not only saves on the up-front hardware investment, it also streamlines installation by eliminating the need for additional cables and stand-alone media players.NEC has integrated the BrightSign OPS media player into the company’s full range of MultiSync V Series models, all of which offer the combination of a brightness output of 500 Candela per square meter and an anti-glare surface to deliver advanced visibility under common lighting conditions.Integration of BrightSign’s HO523 OPS digital signage media player eliminates the need for additional cables, and provides full integration into the BrightSign infrastructure, which includes access to 20+ CMS vendors via BrightSign’s BSN.cloud Control Cloud. The media player’s updated BrightSign 8.0 operating system and powerful video engine enable H.265/H.264, provide hardware-accelerated HTML support and enable 4K upscaling.last_img read more

How to get a handle on capital and compliance

first_imgKnow–and focus on–your membership.by: Moisette (Tonya) SweatThe membership is the lifeblood of any credit union. Therefore, it is the key to a credit union’s management of its capital and its regulatory compliance program.In the aftermath of the nation’s recent economic woes, credit unions now face the potential for new capital demands and plenty of other forms of increased regulation.More specifically, the National Credit Union Administration is working to “modernize” CU risk-based capital regulations. As financial institutions that must base their net worth on retained earnings raised from member deposits, credit unions can find these capital requirements daunting. Plus, the Consumer Financial Protection Bureau is revising regulations formerly issued by the Federal Reserve Board, adding increased disclosure or reporting requirements.Knowing a credit union’s own, unique membership is the key to overcoming the burden of regulation, including the coming impact of a new capital rule. Every credit union should know who its current members are; who its potential members are (or at least where to find them); and the products and services its members need, want, or use most.By knowing its members really well, a credit union can determine the social and financial behaviors most prevalent within its membership and the financial products and services that best enable those behaviors for provident and productive purposes. Credit unions unwittingly already possess much of the information. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Fuselier: Rough And Tumble Play

first_imgBy ROBERT FUSELIERLos AlamosNote: This is the first of a two-part series on the emotional system that influences our lighter side. It’s fun but, if we’re not careful, can also cause us some trouble.Many mammals demonstrate behaviors known as rough and tumble (RAT) play. The behaviors and the stimuli that evoke the behaviors are so similar that it’s clear that we and other species share the same innate neural networks that control them. For clarity, I’ll refer to the neural network from which RAT play originates as the RAT Play emotional system.Young rats will respond in apparent joy with a laughter-type noise when they are tickled on the ribs in a way extremely similar to the way our children respond to the same stimulus. They also wrestle, as do our puppies and kittens, in ways that are almost identical to human wrestling, including takedowns and pinning.The RAT emotional system has evolved to help young animals develop physically and to allow them to experience real-life emotional situations in a safe environment. For humans, the latter benefit relies heavily on us as adult caregivers being involved, or at least close enough to supervise, whenever children are engaged in RAT play.We engage in different levels and types of RAT play at different ages. As adults, we modify our play to match the age of the children with whom we’re playing. We’ll tickle infants and toddlers, play “monsters” with 4 to 6 year olds, rough horse with 7 to 10 year olds, and joke around with pre-adolescents and, if we’re lucky, teenagers.Adult-adult RAT play is rarely physical, although competitive sports may have something to do with this emotional system. Yet, RAT play in adults retains a purpose that is similar to RAT play in children: it helps adults deal with difficult emotional settings.Our most difficult emotional experience, the sense of abandonment and separation, is controlled by what Jaak Panksepp calls the Panic emotional system. The RAT play emotional system is designed to help ease social tensions that come with the Panic system’s activation. We’ll join others in enjoying a good laugh at the expense of someone else, especially if the person is someone we view as having a high social standing. Think of court jesters of the past who could poke fun at royalty without losing their heads. Comedians and late night show hosts serve similar roles for us today.The goal of all comedians is to activate the RAT play emotional systems of as many people as possible without activating too many Panic emotional systems.  To do so, they like to find someone all the audience can scapegoat in common. The material of many comic routines involves “poking” fun at people with high status, especially the politicians who we elect. We enjoy pretending to see them fall from status with the same joy as watching someone fall on a banana peel in the middle of a crowd.The RAT play emotional system appears closely connected to the Social emotional system, which is the emotion through which we bond with others and is our counterweight for Panic system. In primates, isolation from others dampens the desire to paly even after the young monkeys are reunited with others. According to Panksepp, young primates need to sense support and social warmth before they will engage again in RAT play.Humans are no different. We need to have the Social emotional system activated to enjoy RAT play and comedy. When we feel secure within a group, we can play and joke around with each other. When we don’t, we can easily become wallflowers.The connection between the RAT play and Social emotional systems is often seen when individuals are introduced. A valuable use of the RAT play emotional system in adults is when we engage the system to lighten a difficult social situation. Jokes and laughter are great tools to help people feel connected in social settings that may otherwise be awkward. The RAT play emotional system is a great icebreaker.But our comedic emotional system has its downside. We can take it too far and end up victimizing the poor person at the center of the joke. And, we can find ourselves being the victim as well. When either happens, the beneficial effects of the RAT play emotional system are quickly lost.Next week: More RAT play time.last_img read more

Called to the bars

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Creating affordable, sustainable workspaces

first_imgHowever, with the construction industry generating around 120m tonnes of waste every year, this activity is creating a legacy of environmental challenges for years to come, as well as new buildings.At Bruntwood, we are passionate about recycling buildings. Not only does it make economic sense but it’s an environmentally friendly way of doing business. Whether it is a 1980s office block or a grade II-listed building, we look at it as an opportunity to develop and refurbish it.Take Citylabs, Manchester’s former Royal Eye Hospital, for example. We kept the original frontage of the building and made it fit for purpose by adding to it. If we hadn’t salvaged the site, the likelihood is that someone else would have demolished it to make way for something new.Liverpool is a prime example of how this ethos is working for us. The city is full of hidden gems and we find these and strip them back – from original parquet flooring to an old bricked-up fireplace.There is no such thing as a ‘one size fits all’ approach when fitting out and refurbishing office space – there needs to be flexibility and, more importantly, innovation.As the creative, digital and media service sector thrives, with it comes an increased demand for offices with a difference.This demand has re-ignited the need to think like an SME. We create affordable, sustainable workspaces using the foundations of the existing building.Cladding walls, exposing original wooden floors or stripping out the suspended ceilings are all ways of providing unique office space without the hefty price tag or impact to the environment.It isn’t simply about making profit, it’s about unearthing the history of a building and becoming part of the fabric within the cities we work. Our goal is to lead the way and encourage people to take the same approach.Colin Sinclair is director of property marketing at Bruntwoodlast_img read more

Oscar-winning actor Martin Landau dies at 89

first_img Do you see a typo or an error? Let us know. LOS ANGELES (AP) Martin Landau, the chameleon-like actor who gained fame as the crafty master of disguise in the 1960s TV show “Mission: Impossible,” then capped a long and versatile career with an Oscar for his poignant portrayal of aging horror movie star Bela Lugosi in 1994’s “Ed Wood,” has died. He was 89.Landau died Saturday of unexpected complications during a short stay at UCLA Medical Center, his publicist Dick Guttman said.“Mission: Impossible,” which also starred Landau’s wife, Barbara Bain, became an immediate hit upon its debut in 1966. It remained on the air until 1973, but Landau and Bain left at the end of the show’s third season amid a financial dispute with the producers. They starred in the British-made sci-fi series “Space: 1999” from 1975 to 1977.Landau might have been a superstar but for a role he didn’t play – the pointy-eared starship Enterprise science officer, Mr. Spock. “Star Trek” creator Gene Rodenberry had offered him the half-Vulcan, half-human who attempts to rid his life of all emotion. Landau turned it down.“A character without emotions would have driven me crazy; I would have had to be lobotomized,” he explained in 2001. Instead, he chose “Mission: Impossible,” and Leonard Nimoy went on to everlasting fame as Spock.Ironically, Nimoy replaced Landau on “Mission: Impossible.”After a brief but impressive Broadway career, Landau had made an auspicious film debut in the late 1950s, playing a soldier in “Pork Chop Hill” and a villain in the Alfred Hitchcock classic “North By Northwest.”He enjoyed far less success after “Mission: Impossible,” however, finding he had been typecast as Rollin Hand, the top-secret mission team’s disguise wizard. His film career languished for more than a decade, reaching its nadir with his appearance in the 1981 TV movie “The Harlem Globetrotters on Gilligan’s Island.”He began to find redemption with a sympathetic role in “Tucker: The Man and his Dream,” the 1988 Francis Ford Coppola film that garnered Landau his first Oscar nomination.He was nominated again the next year for his turn as the adulterous husband in Woody Allen’s “Crimes and Misdemeanors.”His third nomination was for “Ed Wood,” director Tim Burton’s affectionate tribute to a man widely viewed as the worst Hollywood filmmaker of all time.“There was a 10-year period when everything I did was bad. I’d like to go back and turn all those films into guitar picks,” Landau said after accepting his Oscar.In “Ed Wood,” he portrayed Lugosi during his final years, when the Hungarian-born actor who had become famous as Count Dracula was ill, addicted to drugs and forced to make films with Ed Wood just to pay his bills. A gifted mimic trained in method acting, Landau had thoroughly researched the role.“I watched about 35 Lugosi movies, including ones that were worse than anything Ed Wood ever made,” he recalled in 2001. “Despite the trash, he had a certain dignity about him, whatever the role.”So did the New York-born Landau, who had studied drawing at the Pratt Institute in Brooklyn and worked for a time as a New York Daily News cartoonist before switching careers at age 22.He had dabbled in acting before the switch, making his stage debut in 1951 at a Maine summer theater in “Detective Story” and off-Broadway in “First Love.”In 1955, he was among hundreds who applied to study at the prestigious Actors Studio and one of only two selected. The other was Steve McQueen.On Broadway, Landau won praise for his work in “Middle of the Night,” which starred Edward G. Robinson. He toured with the play until it reached Los Angeles, where he began his film career.Landau and Bain had two daughters, Susan and Juliet. They divorced in 1993. Oscar-winning actor Martin Landau dies at 89 SHAREcenter_img Author: AP Published: July 17, 2017 6:02 AM EDT last_img read more