Greek banks to raise cash

first_img whatsapp GrEece’s Marfin Popular announced plans yesterday to raise €1.15bn (£1bn), making it the third Greek bank to opt for a cash call to boost capital ratios, while a fourth, Eurobank, said it was looking instead to sell a chunk of its Polish unit.Big cash calls by National Bank of Greece (NBG) last month and Piraeus Bank last week have fanned talk other Greek lenders would follow suit to strengthen their balance sheets and reduce a dependence on European Central Bank funding.Hit by the country’s debt crisis, Greek banks were shut out of wholesale funding markets after their bond portfolios were damaged by successive sovereign credit rating downgrades, forcing them to rely on the ECB.Cyprus-based Marfin Popular also said yesterday it is to convene its board on 11 November to decide on a €1.15bn cash call following the stricter capital requirements of the international Basel III banking rules.Under the plan Marfin, Popular’s management is proposing a €489m one-for-two rights offer at one euro a share. The price of the existing shares closed down 4.05 per cent at €1.42 on the Athens bourse yesterday, giving the bank a market value of about €1.26bn. Marfin also aims to sell via a placing by the end of next year convertible capital securities to raise up to €660m, with a minimum conversion price to be €1.80.Last month NBG set the ball rolling when it raised €1.8bn by selling new shares and convertible notes. Greece’s biggest lender is set to reduce its holding in Turkey’s Finansbank for additional proceeds of about €1bn.Its move was followed by Piraeus Bank which last week launched an €800m rights issue and €250m of convertible bonds, eyeing stronger capital ratios and more financial flexibility. Tags: NULL Show Comments ▼ Greek banks to raise cash KCS-content center_img Share whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Monday 1 November 2010 9:05 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoverySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldlast_img read more

Mauritius Chemical & Fertilizer Industry Ltd (MCFI.mu) 2010 Annual Report

first_imgMauritius Chemical & Fertilizer Industry Ltd (MCFI.mu) listed on the Stock Exchange of Mauritius under the Agri-industrial sector has released it’s 2010 annual report.For more information about Mauritius Chemical & Fertilizer Industry Ltd (MCFI.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Mauritius Chemical & Fertilizer Industry Ltd (MCFI.mu) company page on AfricanFinancials.Document: Mauritius Chemical & Fertilizer Industry Ltd (MCFI.mu)  2010 annual report.Company ProfileMauritius Chemical & Fertilizer Industry Limited is a Mauritian company that specialises in the production of a comprehensive range of fertilisers for local and international customers. The company deals through several manufacturing and trading companies, supplying products and services that include, complex nitrogen, phosphorous, potassium (NPK) fertilizers, foliar and liquid fertilizers, basic and specialty chemicals for sugar, textile, paint and hotel industries, refrigerants, laboratory services, electrical, and household appliances, electronic equipment, and also commodities such as flour, tires, paper products and steel products. Mauritius Chemical & Fertilizer Industry Ltd operates through its subsidiaries which include MCFI Ltd, Chemco Ltd, Bychemex Ltd, MCFI (Freeport) Ltd, Elcon Systentechnik Mauritius Ltd, Medigaz Ltd and MCFI-SFB Co. Ltd which is a joint venture between the Company and the Shenzen Shenfubao Group, China. Mauritius Chemical & Fertilizer Industry Limited is listed on the Stock Exchange of Mauritius.last_img read more

Why students need more ‘math talk’

first_img Save my name, email, and website in this browser for the next time I comment. Share on Facebook Tweet on Twitter TAGStheconversation.com Previous articleLeague of Women Voters opposes Amendment 7Next articleWhy writing is important and icons like Billie Dean and John Land should not be left to anecdotes… Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your comment! Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Support conservation and fish with NEW Florida specialty license plate You have entered an incorrect email address! Please enter your email address here The Anatomy of Fear Please enter your name here LEAVE A REPLY Cancel reply By Matthew Campbell, Assistant Professor of Secondary Mathematics Education, West Virginia University, and Johnna Bolyard, Associate Professor of Mathematics Education, West Virginia University and first published on theconversation.com.Test scores, school report cards and Facebook posts complaining about homework problems often drive critiques of how math is taught in schools.Amid the debates, it has become increasingly clear that one ingredient is necessary for success: opportunities for students to talk about math. Unfortunately, these are often lacking in U.S. classrooms.We are both math education researchers. While we focus on different levels of the K-12 span, a common theme across our work is the role of talk in math classrooms – what talk can sound like, how talk impacts student learning, and how teachers can support math talk.Want to support your student’s understanding of math? Talking will play a critical role. And a good place to start is to talk about math yourself.Why talking mattersFor some educators and researchers, learning math means coming to know and use terms and procedures in order to quickly solve problems. Others may prioritize learning the range of ways to solve a given problem. Others, still, point to the value of skills to solve problems that may come up in “the real world.”Those are all important aspects of mathematical proficiency, but we believe that learning to communicate about the subject is an equally important goal.By “math talk,” we mean sharing, analyzing and making sense of math. Students might discuss their strategies for solving a problem, explaining not only what they did but also the reasoning behind their work. They can also make observations, pose questions and express uncertainties.It’s also key for students listen to their peers – to understand what they did and respond with a comment or question. In the process, disagreements or errors might emerge. These are not things to avoid; rather, they are opportunities to extend learning. Engaging in math talk helps all involved understand the ideas at hand.Research, such as the work led by education researchers Suzanne Chapin and Beth Herbel-Eisenmann, has shown how math talk supports learning. It can improve memory and understanding; aid the development of language and social skills; and boost confidence and interest in math.Learning math is not a process of acquiring a set of facts or procedures, but a process of becoming one who participates in a community that does mathematical work. People use math to collaborate and communicate with others. They make sense of problems that are interesting and complex. They justify their ideas and work to convince others of the validity of those ideas. They make sense of the justifications posed by others to understand, critique and build on their thinking. These skills are not reserved for mathematicians or engineers but apply to a wide range of careers.How to support math talkThe classroom in which math talk is not supported is a familiar scene: desks in rows, a teacher presenting a new procedure, and students working individually, focused on copying problems, getting an answer, and doing so as quickly as possible.There are many ways in which a teacher can foster a classroom rich in opportunities for math talk. One recommendation, from research in cognitive science, is the use of “worked examples” – problems that have been worked out by someone else, perhaps a hypothetical student – to improve student learning. For example, students can be presented with two different but correct strategies to a problem and be asked to compare and contrast them, looking for the benefits and drawbacks of each approach. As a class, students can compare their ideas and raise new questions, all facilitated by the teacher.But math talk is not just something that can happen in a classroom. In our positions, we each often get asked by friends and family about how to help their children in math. Our answer? Talk more about math – and preferably not just about homework assignments.Math can be found in anything in ways that are appropriate for different ages. Say you are out shopping: How many people are in the store? How high is the ceiling? How many beach balls would it take to fill up the room? How do you know? Taking the time to engage with your student around any of those questions is math talk.Many of these questions might not have a readily available answer, and that can be a good thing. Talking about what you would need to know or do to find an answer is just as valuable, and likely even more valuable, than time spent with flash cards and apps with math “games” that only focus on speed with procedures. Blogs and social media have become spaces to share the ways in which you can be “talking math with your kids”(#tmwyk on Twitter).Whether in second grade or in an AP calculus classroom, mathematics achievement will continue to lag without value placed on math talk.last_img read more

Volleyball bounces back with dominant sweep of Miami

first_imgFacebook Linkedin Previous articleAfter recent mass shootings, Abbott unveils Texas Safety Action ReportNext articleSoccer win streak snapped against Washington, fall 3-1 Colin Post RELATED ARTICLESMORE FROM AUTHOR Colin Post is a Sports Broadcasting and Journalism double-major from Houston, Texas. Along with sports writing, Colin hopes to work in sports announcing after he graduates. printFriday was a team effort for TCU, as five players finished with seven or more kills in the match. Photo by Heesoo Yang.After losing three games in last weekend’s Fight in the Fort Tournament, TCU volleyball responded with a 3-0 victory over Miam on Friday night to start the Add-Ran Cup off with a resounding win.The Horned Frogs were firing on all cylinders offensively in the contest, finishing with 45 kills on a .365 hitting clip. Five players finished with seven or more kills for TCU.Leading the way was middle blocker Sarah Swanson, who finished with a season-high 10 kills to go with four blocks. With a .909 hitting percentage, the junior produced the second-most efficient performance in program history.Middle blockers Katie Clark (11) and Sarah Swanson (34) combined for 18 kills on the night for TCU. Photo by Heesoo Yang.Through the first two sets, the Frogs were entirely in control. They held Miami to a .000 hitting percentage on 23 attacks in the first set, leading to an easy 25-15 win.The second set was much of the same, as TCU hit .462 as a team. Swanson would finish a perfect 5-for-5 in the set, putting the Frogs up 2-0 behind a 25-17 victory.Though they trailed, the Hurricanes would not give up in the third set. The set saw 14 ties and even a 19-16 Miami lead at one point. The Frogs remained undeterred though, and they came out of a Kramer timeout to go on a 9-2 run to end the set and complete the sweep.This time, it was outside hitter Ashley Waggle’s turn to go 5-for-5 in the set. She would finish with eight kills on the night.Outside hitter Audrey Nalls and middle blocker KatieClark poured in eight kills apiece in the contest, while middle blocker SarahLangs added seven.Setters McKenzie Nichols and Irem Ucar combined for 38assists in the win.The game gives TCU its first win over a Power 5opponent this season.After a day off on Saturday, the Frogs will return to action for their second and final game of the Add-Ran Cup on Sunday when they face Auburn.  The first serve is set for 1 p.m. Colin Posthttps://www.tcu360.com/author/colin-post/ Twitter Taylor’s monster slam highlights big weekend for TCU Athletics Colin Posthttps://www.tcu360.com/author/colin-post/ Another series win lands TCU Baseball in the top 5, earns Sikes conference award Linkedin Twitter + posts center_img TCU baseball finds their biggest fan just by saying hello Colin Post Despite series loss, TCU proved they belong against No. 8 Texas Tech Facebook First TCU spring game since 2018 gets fans primed for a highly-anticipated fall Colin Posthttps://www.tcu360.com/author/colin-post/ ReddIt Colin Posthttps://www.tcu360.com/author/colin-post/ TCU rowing program strengthens after facing COVID-19 setbacks Another series win lands TCU Baseball in the top 5, earns Sikes conference award ReddItlast_img read more

Hiker found dead on Mount Hood was likely killed by cougar: Officials

first_imgMountainWaveSAR/Twitter(PORTLAND, Oregan) — The hiker who went missing on Mount Hood in late August and was found dead at the bottom of a ravine Monday was likely killed by a cougar, authorities said — a shocking twist in the missing persons case.The body of Diana Bober, 55, was found Monday at the bottom of a 200-foot embankment on the famous Oregon mountain’s Hunchback Trail, the Clackamas County Sheriff’s Office said Tuesday.Bober was last seen on Aug. 29 when she went for a hike on the trail. Her backpack was found by two hikers on the following day and her car was left in a parking lot at the base of the mountain.Craig Roberts, Clackamas County sheriff, made the surprising announcement at a press conference later in the day that Bober was likely killed by a wild cougar, also known as a mountain lion or puma.“She was discovered deceased on a hiking trail about two miles from the Zigzag ranger station on Sept. 10,” Roberts said. “I extend my heartfelt condolences to the Bober family and friends for their loss.“I want to tell you Diana Bober’s autopsy was today, it was determined she died of an apparent animal attack,” he explained. “Her injuries are indicative of what experts say was probably a cougar. We’re waiting for final confirmation of what type of animal was responsible for this attack.”Bober said the fatal attack was the first on record by a cougar in the state.“Because this is an unprecedented event in Oregon we don’t believe that the threat to the public that’s posed by cougars is any greater today than it was yesterday,” Brian Wolfer, the Oregon Department of Fish and Wildlife’s watershed manager, said. “However, we don’t know and can’t quantify the threat that this particular animal may pose to the public.”The Hunchback Trail has been closed to hikers as a precaution.Wolfer said about 6,600 cougars live in the state, and reports of them threatening livestock or pets are common, but human attacks are unheard of. Authorities continue to search for the animal. Male cougars can grow to be 120 to 200 pounds and generally hunt deer, elk, hares and wild birds, like turkeys.Bober is the second person in the Northwest to die in a cougar attack this year. A cougar killed a mountain biker in North Bend, Washington, in May, and mauled a second rider.Officials killed that mountain lion following the attack.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Employers favouring electronic CVs

first_imgEmployers favouring electronic CVsOn 9 Apr 2002 in Personnel Today Related posts:No related photos. Comments are closed. Employers are increasingly rejecting paper CVs in favour of electronicversions according to a survey of more than 400 recruiters. Nearly 80 per cent of respondents surveyed by reed.co.uk reveal that if theyhad to choose between two equal candidates, one with a paper CV and one with anelectronic version, they would pick the electronic one first every time. Nearly two-thirds of recruiters polled, made up of both companies andrecruitment agencies, claim they would favour people with electronic CVs whenselecting for interview. The majority of respondents think it is faster and more efficient to dealwith electronic CVs whether they arrive by e-mail, through a company’s ownwebsite, or from external internet job site. A third of recruiters jump to theconclusion that candidates with paper CVs are computer illiterate and behindthe times. Increasingly, job seekers favour the electronic route if given the choice.Two out of five recruiters report that they receive more than 90 per cent ofCVs electronically. Paul Rapcioli, director of reed.co.uk, commented: “Not only do mostrecruiters receive more than three-quarters of all CVs electronically, it isactually the paper ones which are most likely to be binned.” The research finds that London-based recruiters are the most reliant ontechnology, with 44 per cent receiving more than 90 per cent of their CVselectronically, closely followed by the South West with 42 per cent andScotland with 40 per cent. www.reed.co.uk Previous Article Next Articlelast_img read more

CRB warned of backlog over background checks

first_imgThe under-fire Criminal Records Bureau was warned in January that it hadinsufficient resources to deal with the likely demand for background checks onstaff. Employers in the education, health and charity sectors are facing delays ofup to six months in appointing staff to work with children and vulnerableadults as the service struggles to cope with a backlog of 195,000 applications.The Association of Colleges (AoC) warned about possible delays in characterchecks at the start of this year, and asked the CRB to urgently appoint morededicated staff. The AoC also advised the service to reorganise staffing to focus on paperapplications, and to prioritise in investing in an IT solution so checks couldbe done quickly online. David Gibson, AoC chief executive, said his organisation has been inundatedby calls from more than 100 colleges, which are facing a staffing crisisbecause of the problems. One college currently has had 44 staff checks outstanding since the start ofJuly, while another has an application outstanding for six months. Gibson said: “AoC is extremely disappointed to see the education ofstudents across the country badly affected by a problem that was anticipatedand could have been avoided. The AoC has warned the CRB about the problem formany months – although the CRB has now taken on more staff, the associationbelieves this is too little too late.” Gibson said that following the tragic events in Soham, many colleges feelthe CRB is not giving their checks the same priority as schools, despite therisks being the same. Further education colleges deliver learning to childrenaged 14 to16 and also to vulnerable adults. A Home Office spokesman said a recovery plan is in place and response timesare improving. By Ben Willmott Related posts:No related photos. Comments are closed. CRB warned of backlog over background checksOn 10 Sep 2002 in Personnel Today Previous Article Next Articlelast_img read more

Submillennial variations in ocean conditions during deglaciation based on diatom assemblages from the southwest Atlantic

first_imgWe present a high-resolution paleoceanographic record of deglaciation based on diatom assemblages from a core located just south of the Polar Front in the southwest Atlantic. Core KC073 is from a sediment drift at the mouth of the Falkland Trough and contains sediments from the Last Glacial Maximum (LGM) to present, dated using radiocarbon dates on bulk organic matter and radiolarian stratigraphy. The site lies along the path of the Antarctic Circumpolar Current (ACC) and immediately downstream of where North Atlantic Deep Water (NADW) is entrained into the ACC. Significant variations in ocean conditions are reflected in high-amplitude changes in diatom concentrations and assemblage composition. The diatom assemblage at the LGM indicates that winter sea ice extent was at least 5° farther north than present until at least 19.0 ka (calendar years) and summer sea ice may have occasionally extended over the site, but for the most part it lay to the south. During deglaciation, Chaetoceros resting spores (CRS) dominate the diatom assemblage with valve concentrations in excess of 500 × 106 valves per gram. Submillennial-scale variations in the numbers of CRS and Thalassiosira antarctica occur throughout the late deglacial and dominate the changes in diatom concentration. We propose that the influx of CRS is controlled by the flow of NADW over the Falkland Plateau. As such our data provide unique evidence that NADW impacted on this sector of the Southern Ocean during deglaciation. During the Holocene the sedimentation rate dramatically reduced. We suggest that the ACC flow increased over the site and inhibited settling and winnowed the surface sediments.last_img read more

Oriel accused of “gagging” welfare claims

first_img“Once I moved to a different college to finish my PhD, I learnt they hadn’t made any changes, which was concerning because a lot of students were vulnerable.” “The College cannot otherwise comment on matters concerning individual past members of staff. “Of these, 45 universities said they had used NDAs but not all of them disclosed full details, meaning it is hard to determine the true scale and this is an underestimate.” She spoke with senior staff about her concerns over failure to follow suicide prevention measures, breaches of confidentiality, and mishandling of sexual assault reports. She told the BBC: “I was bullied into keeping quiet and all my concerns were dismissed or shouted down. They treated me like dirt. The BBC says: “All but two of the 136 universities contacted responded, with varying degrees of transparency owing to data protection concerns or claims of confidentiality. Since 2016, 45 universities have spent over £1.3 million on silencing students’ complaints of “sexual assault, bullying, and poor teaching”, according to new information obtained by the BBC. Tiziana Scaramuzza, a former DPhil candidate at Oriel College, was paid to support student welfare while completing her law degree. “Yet, when it comes to sexual assault cases, members of the senior staff appear to want to stifle allegations in order to preserve the college’s reputation, even at the cost of endangering students by allowing those they acknowledge have engaged in unacceptable behaviour to remain on campus and only receive minor punishments, rather than face the repercussions of a scandal. Oriel needs to do better.” This comes amid new reports that nearly a third of universities have used NDAs to suppress student complaints since 2016. These are legally binding contracts that restrict the sharing of information. An ex-peer supporter at Oriel College told Cherwell: “Oriel’s welfare provisions are very contradictory. There is a dedicated team of both staff and students who take welfare very seriously – particularly peer supporters and the college chaplain who acts as a member of welfare staff. After submitting suggestions on improvements to safeguarding measures, Scaramuzza was offered “a £5,000 settlement with an NDA to sever ties.” center_img A former welfare officer at Oriel College told Cherwell she was paid £5000 and signed an NDA to “sever ties” with the college after raising concerns about the mishandling of welfare complaints. Former universities minister Chris Skidmore responded to the findings saying: “This is nothing short of an abuse of power. I have spoken against the use of NDAs on staff, but it is staggering that some universities have used them against students.” Scaramuzza has since started ‘Do Better Academia’, a website for victims who feel universities have not adequately handled complaints. It is a platform to share stories and get in contact with journalists in order to hold academic institutions accountable. “It was completely inappropriate. They treated me like an inconvenience, like I was the problem, instead of dealing with the problem.” Cases revealed include a student at the University of West London being threatened with expulsion if she “made a fuss.” She took legal action, which resulted in a settlement in which she received £1000 as compensation and signed an NDA. “We can confirm that we conducted a thorough investigation into our welfare provision in 2013 and continue to strive to provide a high level of support to our students and staff. The College takes the welfare of students and staff very seriously. We currently have several members of staff, external doctors and counsellors providing welfare support.” The BBC’s new figure of £1.3 million was acquired the data under Freedom of Information laws, and calls the numbers “an underestimate.” In 2019, the BBC uncovered that UK universities spent £87m on “gagging orders” for staff since 2017, to stop “bullying, discrimination and sexual misconduct allegations becoming public.” Oriel College told Cherwell: “Ms Scaramuzza was employed as a Junior Dean at Oriel College from 1st Sept 2012 28th February 2013. She says: “There is a culture of impunity and [universities] know that they can get away with mishandling complaints or actively perpetrating wrongdoing and then cover it up.”last_img read more

Marie I. Abarno (nee DiSepio) 83, of Ocean City

first_imgMarie I. Abarno (nee DiSepio) 83, of Ocean City passed away unexpectedly on Sunday November 27, 2016 at Shore Medical Center of Somers Point, NJ with her family by her side.Marie was born August 24, 1933 in Philadelphia to the late Dominick and Mildred (Magnanimo) DiSepio.  She lived in the Olney section of Philadelphia and attended Olney High School before moving to Sea Isle City with her family and graduating from Ocean City High School, Class of 1951.She worked for the Cape May County Surrogate Office and after taking many years off to be a full-time mom, she worked as a Congressional Staff Assistant for Congressmen William J. Hughes throughout his career in Congress.For the past 15 year, she worked as a liason for the Morgan Hand and Nelson Hand Scholarship Funds where she took great joy in being part of the scholarship award process for deserving high school students from Ocean City High School and throughout Cape May County.Marie was the backbone of the family and was happiest when cooking delicious food and welcoming all that she cared about into her home.  She truly loved making everyone else happy by feeding them with her awesome cooking!  She also loved playing tennis and made many great friends at the tennis courts over the past 40 years.She is survived by her loving husband of 54 years: Gerald Abarno, a daughter: Gina (Darren) Abarno-Johnson of Palermo, NJ and a son: John (Patty) Abarno of Ocean City, NJ, her sister and best friend: Dolores Pantaleo of Swainton, a grandson, her pride and joy, Giovanni Dominick Johnson and granddogs: Maximus, Junior and Nellie. She is also survived by several nieces and nephews, as well as many lifelong friends that were part of a loving extended family.She was predeceased by her sister, Angeline R. Paone and her nephew Leonard Pantaleo.A Mass of Christian Burial will be offered Saturday, December 3, 2016 at 11 O’clock from St. Augustine’s R. C. Church of St. Damien Parish, 13th Street at Wesley Avenue, Ocean City, NJ where friends may call from 9 o’clock until 10:45.Burial will follow in Seaside Cemetery, Palermo, NJ.The family suggests those who desire send memorial contributions to either the Dementia Foundation, PO Box 600, Doylestown, Pa 18901 or Alzheimers Association at ALZ.org.WWW.godfreyfuneralhome.comlast_img read more