The IDB Asks Latin America to Contribute to a “Marshall Plan” for Haiti

first_imgBy Dialogo January 25, 2010 Paris – The president of the Inter-American Development Bank (IDB), Luis Alberto Moreno, today called on Latin America and the Caribbean to participate in the launch of a “Marshall Plan” to rebuild Haiti. The Latin American and Caribbean region “can and should play a greater role” in the launch of such a Plan, Moreno said in his address to the Second International Economic Forum – Latin America and the Caribbean 2010 held today in Paris. The disaster in Haiti, “the most vulnerable nation in the region,” Moreno said, “demands an unprecedented response from the international community.” Although concern right now is focused on providing security, food, and shelter to the Haitian victims, “it’s necessary to begin thinking about rebuilding,” he insisted. For this, Haiti needs not only financial assistance, but also technical assistance, according to Moreno, who added that the IDB has already communicated to the Haitian government that 90 million dollars are available for rapid assignment to finance the most urgent rebuilding tasks. In addition, he added, “this year we expect to donate another 128 million dollars to Haiti.” For the IDB, “the enormous challenge of rebuilding Haiti is already underway,” and commitment from the countries in the region is now needed for a task that will take years. According to Moreno, what is important is that solidarity be maintained once the “heart-rending images” of the disaster have disappeared from the media.last_img read more

Travel Diary: Revel In The Majestic Glory Of The Poconos

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Sponsored Content Brought To You By NY Auto GiantThe winter months bring out the ruggedness of your soul. This isn’t the time to take it easy. This is no time to lounge on a beach, soaking up rays. Mother Nature sprays the Northeast in a bountiful playground of snow—so let’s not waste it?!This Travel Diary will take you out of the New York region into Pennsylvania. The Pocono Mountains are a short drive away, but are a world unto themselves, adorned in majestic beauty.We suggest you hop in a car and meander over to the historic Victorian township called Jim Thorpe, located in the Lehigh River Gorge region, known to ski aficionados as the “Switzerland of America.” Jim Thorpe, named for the Native American Hero of the 1912 Olympics in Stockholm, is a town replete with seasoned history, outstanding views, and tons of activities for the avid adventurer—from hiking and skiing to antiquing and dining, this destination is a ticket to winter splendor.Yet, in traveling eastward to explore the inns and outs of this beautifully restored township, the cozy bed and breakfasts and the restaurants that are housed in this 19th century downtown, there should be nothing that says “roughing it” about your ride.A brand new 2015 Toyota Camry from NY Auto Giant is just what the doctor ordered for this amazing adventure!Drive up in the classically redesigned 2015 Toyota Camry. This vehicle is the pinnacle of quiet luxury, with brand new upgrades bringing it right up to the future, such as XSE and Hybrid options, new multimedia features and a new, sporty design. When you step into a 2015 Camry, the adventure starts as soon as your foot hits the gas, and continues onto the highway, increasing with every mile.In this way, the car is an essential part of your experience. It’s not just a means to get you there, but takes the wanderlust that burns in your soul along for the ride.Once you arrive at the Lehigh River Gorge, you can explore the Old Jail Museum to listen to the lore of the notorious Maggie Maguires, head to the Mauch Chunk Museum and Cultural Center, check out a working model of the famed Switchback Railroad, or take in the sights from the Lehigh Gorge Scenic Railway. The Bear Mountain Butterfly Sanctuary is a must-visit, too (they’ve got exotic frogs, bats and other “secret critters” there sure to dazzle the whole family)!Magical butterflies and exotic amphibians await all those who venture to Thorpe, Pa. on their NY Auto Giant-equipped trip! (Photos: Bear Mountain Butterfly Sanctuary Facebook Page)For some outdoor adventure, you can mountain bike along the Lehigh Gorge Scenic Railway trail, hike, or horseback ride. Are you up for some serious adventure? This bucket list-type of adventure that seems tailor-made to top every single person on your friends lists when you post the pictures to Facebook?At the Skytop Lodge in the Pocono Mountains, you can drive a team of Siberian Huskies through the snow-packed trails on a dog sledding adventure. Is paintball your thing? Head on down to Skirmish, the world’s largest paintball facility, where late in the winter they host their annual, epic Stalingrad battle.Thirsty? Every Friday between 4-6 p.m., Franklin Hill Vineyards‘ wine shop hosts a truly indulgent happy hour. Try a creative cocktail concocted with the local wines or simply sample whatever tastes suit you. Head on down to Alice’s Pantry for a charmingly kitchy and downright delicious experience. Cozy up to the roaring fireplace with a freshly brewed espresso and sample some of the fresh baked breads and hearty soups. Got a sweet tooth? I have five words for you: Banana Peanut Butter ice cream.Click here to learn more about NY Auto GiantFor some Italian fare, head over to Tony Stella’s Encore where you’ll find superior service, a lively atmosphere, complete with lounge singer and pianist, and fantastically imaginative food and drink, like the absinthe cocktails and tomato basil soup. Come for the food, stay for the entertainment, the attentive waiting on your hand-and-foot service, and delectable entrees.Are you still reading? You haven’t packed up the car yet?! In that case, why don’t you give Thabita Lee at Huntington Toyota, Peter Zorzy or Atlantic Toyota, Michael Rizzuto at Millennium Toyota, or Anthony Tocante of Advantage Toyota a call? Ask them to get you into a 2015 Toyota Camry, and let your adventure begin.last_img read more

Etcyy New Long-Sleeve Sweater Top Is Perfectly Loose and Casual

first_imgThis casual knit top has such an easygoing vibe and will quickly become a fixture in any wardrobe. It’s incredibly relaxed and has a deep V-neckline that you can style to your liking. Wear it off the shoulder to one side or keep it secure in the front — it all depends on the look you’re going for.We’re thrilled that this knit top has a high-low style along the hem, which also adds to its overall wearability. You can team it with leggings, jeans or any other type of bottoms! In fact, you can even style it as a light cover-up if you live in an area that’s not quite as chilly as the northern region of the country.ETCYY NEW Women's V Neck Super Soft and Loose Fit Long Sleeve Pullover Sweater TopETCYY NEW Women’s V Neck Super Soft and Loose Fit Long Sleeve Pullover Sweater Top AmazonSee it!- Advertisement – Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services.Form-fitting sweaters are the move when we want to show off our figures — but what about those days where we’re not feeling too confident? Let’s be real: Around the holidays, we tend to cut ourselves a little more slack when it comes to indulging in our favorite foods (and skipping our gym sessions).- Advertisement – Get the ETCYY NEW Women’s V Neck Super Soft and Loose Fit Long Sleeve Pullover Sweater Top for $29, available at Amazon! Please note, prices are accurate at the date of publication, November 4, 2020, but are subject to change.Whenever your outfit needs a little pick-me-up, turn to this sweater. While it has the cozy vibes we crave, it’s far from frumpy. It manages to cut a flattering figure even though it’s oversized. Comfort is on the menu this holiday season, and this sweater is a must-order!See it: Get the ETCYY NEW Women’s V Neck Super Soft and Loose Fit Long Sleeve Pullover Sweater Top for $29, available at Amazon! Please note, prices are accurate at the date of publication, November 4, 2020, but are subject to change.Not what you’re looking for? Check out more styles from ETCYY NEW and shop all of the clothing, shoes and jewelry available at Amazon! Don’t forget to check out all of Amazon’s Daily Deals here!Check out more of our picks and deals here!This post is brought to you by Us Weekly’s Shop With Us team. The Shop With Us team aims to highlight products and services our readers might find interesting and useful, such as face masks, self tanners, Lululemon-style leggings and all the best gifts for everyone in your life. Product and service selection, however, is in no way intended to constitute an endorsement by either Us Weekly or of any celebrity mentioned in the post.The Shop With Us team may receive products free of charge from manufacturers to test. In addition, Us Weekly receives compensation from the manufacturer of the products we write about when you click on a link and then purchase the product featured in an article. This does not drive our decision as to whether or not a product or service is featured or recommended. Shop With Us operates independently from advertising sales team. We welcome your feedback at Happy shopping! That’s why we look for garments that make Us feel comfortable and cute at the same time. Just because something is loose doesn’t mean it will appear to be boxy or matronly! That’s exactly why we’re obsessed with sweaters like this one from ETCYY NEW.ETCYY NEW Women's V Neck Super Soft and Loose Fit Long Sleeve Pullover Sweater TopETCYY NEW Women’s V Neck Super Soft and Loose Fit Long Sleeve Pullover Sweater Top AmazonSee it!Get the ETCYY NEW Women’s V Neck Super Soft and Loose Fit Long Sleeve Pullover Sweater Top for $29, available at Amazon! Please note, prices are accurate at the date of publication, November 4, 2020, but are subject to change.- Advertisement – – Advertisement –last_img read more

400 American travel agents are coming to Croatia

first_imgIt is a unique opportunity to position both Dubrovnik and our entire tourism on the American market. An opportunity not to be missed. In December, about 400 American travel agents are expected to arrive in Croatia as part of the ASTA Destination EXPO 2020, which will be held in Dubrovnik from December 03rd to 07th. Americans are the second most numerous in Dubrovnik According to the eVisitor tourist check-in and check-out system, not including nautical data, Dubrovnik generated 2019 million arrivals in 1,44 – 13 percent more than in 2018, and 4,4 million overnight stays, which is 6 percent more than the year before. . ASTA is the largest association of travel agents in the world with over 12 travel agents in the United States alone, and they have a major impact on travel trends. ASTA “Destination Expo” is a conference held once a year outside the United States with the aim of promoting the host country, and this year it is Croatia. During the meeting, a fair will be organized, as well as business meetings where it will be possible to directly negotiate deals in the sale of arrangements in the United States.  Photo: The Mayor of Dubrovnik, Mato Franković, emphasized that this is the first time that such a conference has been held in Croatia, and that it is extremely important that it takes place in December. “I certainly expect even better interest and the arrival of American tourists after the ASTA, which is one of our most important markets. With the direct US-Dubrovnik airline we have, we can certainly expect growth in arrivals from the US market in the future. ” Director of HIT Dalmatia, Jurica Glavina presented the working part of the conference, Trade Show, but also B2B, where participants will be able to directly negotiate business and thus increase the number of visits to Croatia, and said that they will work on the strategic goals of Croatian tourism.center_img That this is a great opportunity for Croatia’s positioning on the American market is sufficiently indicated by the fact that after the ASTA Destination Expo in Greece, 60% of tourist growth from the USA was recorded. The official organizers of the event are ASTA and AmCro Travel in partnership with the City of Dubrovnik and the Dubrovnik Tourist Board as sponsors, and partners the Croatian National Tourist Board, the Dubrovnik-Neretva County Tourist Board, HIT Dalmatia and Elite Travel. Robert Duglin, Vice President of ASTA, pointed out that Dubrovnik and Croatia are high on their list, because Croatia offers a lot, from wine, food to history. “During the conference, American agents will learn how to sell Croatia as a destination, and stressed that it is an association with more than twelve thousand members, realizing 83% of sales of all trips in the United States and 60% of trips outside the United States.Duglin pointed out. Miro Drašković, Commercial Director of Elite Travel, emphasized that the American market is the most desirable market and that participants will spend almost two weeks, before and after the conference, on trips throughout Croatia, from Dubrovnik and Konavle to Advent in Zagreb, “truffle hunting” and cheese tasting in Istria. The most numerous tourists in Dubrovnik in 2019 were traditionally British, followed by guests from the USA, Germany, France and Spain. Find out more about the program and registration herelast_img read more

COVID-19: Govt to convert more towers in athletes village for makeshift hospital

first_imgThe Public Works and Housing Ministry is set to convert three more apartment towers in the athletes village in Kemayoran, Central Jakarta into makeshift hospital buildings for COVID-19 patients to accommodate a surge in confirmed cases in the capital city.“The ministry will prepare and renovate three additional towers – towers 2, 4 and 5 – in the Kemayoran athletes village as an emergency COVID-19 hospital,” said Khalawi Abdul Hamid, the ministry’s housing provision director general, in a statement on Wednesday.Khalawi said the second phase of the makeshift hospital construction was expected to increase bed capacity and provide better accommodation for staff members – including doctors and nurses – who worked around the clock to provide treatment for COVID-19 patients. Tower 2, which consists of 886 apartments, will be used to house a maximum of 2,458 health workers.Meanwhile, towers 4 and 5 will house treatment wards for COVID-19 patients. Similarly, each tower can accommodate up to 2,458 patients in 886 apartments, Khawali added.The first stage of the construction was completed last month, with four apartment towers – towers 1, 3, 6, and 7 – being converted into makeshift hospital buildings for COVID-19 patients.President Joko “Jokowi” Widodo previously said the makeshift hospital would be ready to handle about 3,000 patients at a time. The 10-tower athletes village was built for the 2018 Asian Games, which Jakarta co-hosted with Palembang, South Sumatra.Khawali said the ministry also planned to convert existing treatment wards on several floors in tower 6 into intensive care units and emergency wards while the rest of the tower would be used as isolation wards for COVID-19 patients.“We expect the construction to be completed next Saturday, April 18,” he said.Jakarta is considered the epicenter of the outbreak in Indonesia, having recorded the highest number of confirmed cases and deaths among other 31 provinces across the archipelago.As of Wednesday afternoon, Jakarta had recorded at least 1,470 confirmed COVID-19 cases and 114 deaths caused by the disease.Topics :last_img read more

NEST’s Fawcett challenges investors to ‘be brave’ on ESG

first_imgHe added: “We have to make some bold decisions because, if we don’t, we are just going to keep not learning the lessons, and, as a result of that, no one will trust us.”Making bold decisions was one of the four steps Fawcett recommended.He also said investors should be genuinely long-horizon investors and not worry about short-term share price movements.Aligning incentives between asset owners and fund managers was another important step to take because too much value was extracted in the investment chain between the member and the final investment, which he said created “unfortunate” incentives.“At NEST,” he said, “we do our absolute best to align the incentives of our fund managers with our members, but it is a real challenge.“It is all about fair fees, fair investment horizons, not firing and hiring at will and actually having a long-term relationship with your manager.“We don’t pay performance fees. We have yet to see a performance fee structure that properly aligns the managers with our members’ interests.”Fawcett also recommended true collaborations among asset owners, particularly as they were not competing with each other.He admitted asset owners felt a sense of optimism following the shareholder spring, believing that times were changing.“But then the economy started growing, markets rebounded, and we started forgetting the lessons we should have learned over the last few years,” he said.He pointed to the drop in support for a shareholder resolution calling for the role of chief executive and chairman to be split at JP Morgan from 40% in 2012 to 32% this year, calling it a backward step.He also highlighted that, despite HSBC receiving a $1.9bn (€1.4bn) fine by the US authorities for activities related to money laundering, only 11% of shareholders voted against the bank’s proposal to increase the bonus cap for its finance director from twice to five times his salary.Richard Howitt MEP and European Parliament Rapporteur on Corporate Social Responsibility, who spoke at the same event, said that, despite progress, ESG was fighting an uphill battle.“Short-termism still blights too much of economic decision-making,” he said.“And there is too much talk of who is to blame for that rather than talk about how we overcome it.”He said the European project on the purpose of the corporation and how it was best defined in European company law was trying to answer similar questions as the review on the definition of fiduciary duty by UK Law Commissioner David Hertzell.Howitt said: “We will always be concerned about the rate of returns, but we are starting to ask not just when and how a return is measured but also for whom.“But, as much as regulation and legislation have a part to play, governments cannot and will not achieve the necessary changes alone without markets making their own contribution, and that comes down to [risk].“I am pleased the European proposal includes the requirement to analyse risk, and I suggest this may ultimately prove to be its most important component.“We all know the whole concept of risk is changing for business as it is for everyone on our planet.” Investors should be making brave decisions on environmental, social and governance (ESG) issues, according to Mark Fawcett, CIO at the UK’s National Employment Savings Trust (NEST).He told the audience at the 30-year celebrations of ESG research organisation EIRIS: “We have to be seen to be doing the right thing and make it very clear we won’t tolerate poor governance, poor environmental standards or poor social policies because, ultimately, if those things are delivered badly, the long term looks pretty grim.“We have to make sure companies are held accountable and that we don’t just accept their excuses.”Fawcett said he was frustrated by fund managers and others in the corporate governance area who say they give companies the benefit of the doubt because they can do nothing about any issues that arise.last_img read more

European pension funds unfazed by negative 10-year Bund yields

first_imgTen-year Bund yields moved into negative territory on 14 June for the first time ever in Germany, yet the development has come as little surprise to many European pension funds, with some even hoping to profit from it. The continued decline in interest rates in recent months – including those of German Bunds – has actually been of boon to some pension funds, including Austria’s Allianz Pensionskasse.Andreas Csurda, chief executive at the €616m multi-employer pension fund, told IPE: “Interest rates falling even further have increased returns for our existing bond portfolio. The real tragedy is the policy itself.” Csurda pointed out that seven-year Bunds had been negative for some time and said the drop in the 10-year Bund yield from 0.2 to -0.1% was merely a “calculatory cosmetic”. “The real problem over the long term is that the low-interest-rate environment is not helping funded pensions,” he said.He said the European Central Bank’s (ECB) current interest-rate policy had had no visible effect and that it was “currently unclear how it can actually help”.He added that his Pensionskassen had actually been “rather blessed” in the current environment because it had no guarantees to meet.“This is quite different for the provident funds (Vorsorgekassen), which have to guarantee the level of contributions, as well as for life insurance companies, of course” he said.Csurda argued that the ECB’s interest-rate policy was “slowly destroying” much had been achieved to strengthen funded pensions in Europe in recent years.Günther Schiendl, CIO at VBV, Austria’s largest pension fund, said the negative 10-year Bund yields were “to be expected” and would remain at a “similar level” for some time.At Publica, Switzerland’s largest public pension fund, CIO and chief economist Stefan Beiner said interest rates continued to fall worldwide, due largely to global deflationary pressures and “political uncertainties such as the Brexit vote”.Duration management, he said, had become “more important than ever”.Tom Mergaerts, chief executive at Amonis, a €1.8bn Belgian pension fund for the healthcare sector, said yield changes such as the one seen in the 10-year Bund were “not a big deal”, as the scheme had already been “largely immunised”.“But it is an important issue for investing future contributions,” he added. The pension fund has a 12.3% allocation to German government bonds in its liability-driven investment (LDI) portfolio, used for the asset-liability interest rate risk hedge.The LDI portfolio accounts for 60% of total assets under management, with the remainder invested in a growth portfolio.For its growth portfolio, Amonis tries to avoid buying negative-yielding assets, according to Mergaerts, and may consider selling some “over-priced” bonds.In a statement, Deutsche Asset Management CIO Stefan Kreuzkamp said the 10-year Bund rate was “the measure of all things” in the German financial sector.“The meltdown of this benchmark is distorting all asset classes,” he said.The slipping of the Bund yield into negative territory increases the importance of the German government’s decision earlier this year to extend the calculation basis for the discount rate used for pension liabilities, under local accounting standard HGB.It extended the calculation basis to include the previous 10 years of interest-rate levels, rather than just seven, which would have already excluded any pre-crisis levels.last_img read more

Messi urges supporters: ‘stay at home with loved ones’

first_imgLionel Messi has urged his legion of supporters to stay at home with loved ones as the deadly coronavirus continues to spread globally. Loading… Promoted Content7 Theories About The Death Of Our Universe8 Things You Didn’t Know About Coffee18 Cities With Neverending Tourist-FlowThe Best Cars Of All TimePortuguese Street Artist Creates Hyper-Realistic 3D GraffitiBest & Worst Celebrity Endorsed Games Ever Made7 Truly Incredible Facts About Black HolesThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical10 Absurd Ideas That Made Their Inventors Millions9 Facts You Should Know Before Getting A TattooBest Car Manufacturers In The World7 Universities In The World With The Highest Market Value The Real Madrid defender was put through his paces on a curved treadmill alongside the comment ‘#TrainAtHome’. His team-mate Fede Valverde was enjoying the sunshine by having a kick about in his garden with his dog. Juventus ace Douglas Costa was up to similar tricks in his garden while his dog attempted to put in a challenge. Fellow Juve star Matthijs de Ligt spent his afternoon playing table tennis while Paulo Dybala did a bit of home cooking. Arsenal keeper Bernd Leno was having a relaxing afternoon and sat watching Netflix on the sofa. Bayern Munich ace Robert Lewandowski also had some quality family time and used it to play a game with his daughter. Read Also:Messi: Health must always come first Atletico Madrid’s Alvaro Morata lied on the grass in the sunshine with wife Alice Campello and kids Leonardo and Alessandro. FacebookTwitterWhatsAppEmail分享 All major sporting events, including football across Europe and further afield, have been postponed for the foreseeable future. With games unlikely to take place for at least another three weeks and possibly more, sports stars are having to find other ways to keep themselves occupied on weekends. Barcelona superstar Messi is spending quality time with his family while others are taking advantage of Netflix or working out in their own gyms. Posting a picture with his two sons to his 144million followers, Messi wrote: “Health must always come first. It is an exceptional moment and you must follow the instructions of both health organisations and public authorities. Only in this way can we combat it effectively. “It is the time to be responsible and stay at home, it is also perfect to enjoy that time with yours that you can not always have. “A hug and hopefully we can turn this situation around as soon as possible.” Fierce rival Sergio Ramos not quite ready to put his feet up and took to Instagram to show off his workout.last_img read more

Monk in line for Swansea coaching role

first_img Press Association He has already obtained the UEFA B licence and has been doing his A licence this season. Although there has been no confirmation from the club, it is thought they are preparing to offer him a role on manager Michael Laudrup’s backroom team. There has also been speculation that Pep Clotet, a Spaniard brought in to run the academy last November, could step up after impressing the Swans hierarchy. Reports of this possible coaching reshuffle come with Laudrup facing increasing pressure. The Dane’s side, who won the Capital One Cup last season, are facing a relegation fight after a loss of form. The Welsh side have won just one of their last 10 Barclays Premier League matches and, although 12th, are only two points above the bottom three. They face arch-rivals Cardiff in a crucial derby at the Liberty Stadium on Saturday. Swansea veteran Garry Monk is being lined up to take on some coaching duties with the club, Press Association Sport understands.center_img The long-serving defender and club captain, 35 next month, has not played since September after undergoing knee surgery. Monk, who joined the club when they were in League Two in 2004, has long been viewed as a future member of the coaching staff. last_img read more

Inconsistent Sri Lanka Face Wounded Bangladesh

first_imgBristol: After two consecutive defeats, Bangladesh will look to return to winning ways when they face a depleted Sri Lanka in their fourth World Cup game at the Bristol Cricket Ground on Tuesday.The Bangla Tigers, after making a perfect start to their World Cup campaign against South Africa, faced back to back defeats against New Zealand and England and are low on confidence.Apart from the first game against the Proteas, the Bangladesh batting has not been consistent and it has only been all-rounder Shakib al Hasan who has been able to perform. None of their other batters have been able to maintain consistency and have failed to cope with the scoreboard pressure. Their openers, Soumya Sarkar and Tamim Iqbal, have not been able to provide the starts that the Bangladeshi fans would be hoping for, something which Mashrafe Mortaza will desperately want.However, Bangladesh’s major concern is their bowling which was taken for plenty by tournament favourites England in their previous encounter. They conceded a total in excess of 380 and were given a hard time on the field.Meanwhile, Sri Lanka will be looking for two crucial points after their last encounter was washed out against Pakistan. The Dimuth Karunaratne-led side started their tournament campaign on the worst possible note, conceding a 10-wicket defeat to New Zealand. However, it was their bowling which rescued them against Afghanistan in a rain-curtailed match which they just managed to win.Batting has been one of the issues which Sri Lanka has been coping with in the initial phase of the ongoing tournament. They have suffered batting collapses and have not been able to play their full quota of 50 overs in all the completed matches.In bowling, they will miss the services of Nuwan Pradeep who won them the match against Afghanistan. However, with the likes of Lasith Malinga, their bowling still finds an edge over Bangladesh. IANS Also Read: SPORTS NEWSlast_img read more