Higher VAT and costs will hurt profits

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndo whatsapp Sharecenter_img IN recessions past, hard-up consumers have had to make do and mend. This time, they’re buying cheap and chucking away. Yesterday’s pre-close update from AB Foods showed that Primark, a leading purveyor of so-called “disposable fashion”, is going from strength to strength. Full-year like-for-like sales at the budget retailer are forecast to be six per cent higher over the year, more modest than the eight per cent gain in the first half, but still impressive considering the tough comparatives (Primark grew like-for-like sales by nine per cent in the second half of 2009). Operating margins are also expected to have improved, thanks to Primark’s famously low operational gearing. Sadly, this is as good as it gets. In 2011, Primark will be hit by a triple whammy of higher cotton prices, VAT hikes in the UK and Spain and increased freight costs. No business model – not even one as good as Primark’s – will be able to withstand such headwinds. Elsewhere the picture is mixed. The sugar division is expected to be substantially more profitable than it was in 2009, with improvements in China and the UK offsetting the effects of heavy rainfalls on the Spanish operations. The grocery division is growing at a much more modest rate than the rest of the business. Its bread brands, Allinson and Kingsmill, are struggling to compete in a cut-throat market. They are in a race to the bottom – in terms of price and marketing cost – with Hovis, owned by Premier Foods. AB Foods has done well to prosper in these times, but it has also been rewarded, with a valuation that is 17.3 times earnings. That is a hefty premium to the rest of the sector, and in light of worsening conditions ahead, it is frankly undeserved. whatsapp Higher VAT and costs will hurt profits Monday 13 September 2010 7:45 pm Tags: NULLlast_img read more

No cure for cancer and no jetpacks: the twenty-first century is a bust

first_img Show Comments ▼ No cure for cancer and no jetpacks: the twenty-first century is a bust Sunday 24 October 2010 10:10 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times KCS-content Tags: NULL whatsapp whatsapp BUSINESS FEATURES EDITORPULLING a dollar from his wallet, Peter Thiel, the 43-year old co-founder of PayPal and an early investor in Facebook, flaps it to make his point: “Giving people freedom with money is really something deep and fundamental. Government may still have a monopoly on printing these notes, but so long as you have globalisation without one world government, so long as people can move it freely from place to place, that monopoly is much less powerful.”We are sitting in the Berkeley’s Blue Bar. Thiel – played in Hollywood’s The Social Network by Wallace Langham – is in London with Max Levchin, his old PayPal colleague, for the Economist’s innovation awards. They have been collecting a business process award for PayPal, which revolutionised money transfers for the masses and is now part of eBay. PayPal was founded twelve years ago – in internet terms putting it back almost in the Jurassic age – but Thiel says “it seems a world ago and also just yesterday. Some memories of that time are just indelibly etched in my mind.” The idea they had was simple enough – email + money – but Thiel saw from the beginning its potential. Heady dreams of forming a new global currency or making it impossible for corrupt governments to steal their people’s money may not quite have come to fruition, but Thiel still sees it as an achievement that gave people more freedom about which currency to use.Still, Thiel, a serial investor and polymath who was educated at Stanford and born in Germany, is not content. He thinks we all need to worry about how slowly the world is changing. To Thiel, the financial collapse was partly a crisis of technological achievement: people have been betting on extraordinary advances to drive economic growth to cover their debts, and the advances are simply not materialising. We may feel that we are living in a world of amazing new gadgets, but the latest iPhone is a distraction from the absence of an AIDS vaccine or a lunar colony.“Globalisation is essential,” argues Thiel. “There is no good future in which the world is separate. But emerging market integration is overemphasised, and what is underemphasised is the technological innovation that can prevent some Malthusian struggle over resources.” For Thiel, this side of the equation is the responsibility of developed economies and we have been falling badly behind.Some academic evidence supports Thiel’s pessimism. In 2005, Jonathan Huebner produced a graph (right) that shows the rate of innovation peaking as long ago as 1873. In the same year, Ben Jones at Northwestern University discovered innovators were making their first breakthroughs later and later in life, slashing the years they had available for further creative insights. That latter finding makes sense to Thiel, who recently launched a fellowship that will grant twenty entrepreneurs under twenty years old $100,000 each to pursue their innovative ideas. “Somehow innovation has to be restarted. Some of the world’s most transformational technologies were created by people who stopped out of school because they had ideas that couldn’t wait until graduation.”Is the tendency for the cleverest to spend too much time studying instead of innovating part of the reason that Britain has failed to produce its own equivalent of PayPal or Facebook? “The one reason I think is very important why Silicon Valley is so innovative is that it is not considered a bad thing to be an entrepreneur there. In London, at a party if you say you’re an entrepreneur, people are more likely to wonder what’s wrong, or are you unemployed. My guess in the UK is that it’s a social thing. Under what circumstances would the Queen have an event at Buckingham Palace talking to young engineers about building things? Maybe in the Victorian days, but now?”Thiel also blames the stranglehold of regulation for holding back new developments – he sees the online world’s speedy progress as in part a result of its low-regulation. “Imagine if Twitter had to go through the FDA drug approval – how efficacious, how does it affect the brain, phase II, phase III trials.” But Thiel is trying to remedy this through his venture capital fund, the Founders Fund, which is investing in biotech and even SpaceX, which is developing low-cost space launch vehicles.“The idea of a better future seems to be a dated idea,” says Thiel. “George Osborne’s cuts are the right thing to do: where technological innovation has stalled you can’t take on more debt.” But cuts can only be the beginning. Thiel is trying to drive the frontiers of human achievement forward. If he is right, if the developed world has built itself a low-growth trap of over-regulation, over-education and risk-aversion, we all need to be worrying more about the relationship between our poor innovation levels and the global economic outlook.PAYPAL | A BRIEF HISTORY● First meetingMax Levchin attends a finance lecture at Stanford given by Peter Thiel● 1998Confinity is founded by Levchin, Thiel and Luke Nosek● 1999Elon Musk founds the payment company X.com● 1999Confinity launches its milestone project, PayPal● 2000Confinity merges with X.com● 2001X.com changes its legal name to PayPal● 2002eBay buys PayPal for $1.5bnAfter selling PayPal, Thiel founded Clarium Capital, a global macro hedge fund, that in April 2010 had returned 210 per cent since inception, but had a hard ride in 2009. Funds under management were $7.8bn in 2008, and the fund now manages around $1bn.In 2004, Thiel co-founded Palantir Technologies, which takes some of the ideas that made PayPal’s fraud rate so low and applies them to data analysis in other contexts, most notably the analysis of terrorist networks and the behaviour of the financial markets. Sharelast_img read more

Middle Britain set for big drop in retirement income

first_img MIDDLE earners face a severe financial squeeze in their retirement, raising the spectre of future political unrest, the think tank Chatham House warned today.Retirement income could plummet by almost 60 per cent from pre-retirement income for middle income (£18,000 — £44,000 yearly) households.“The UK has a distinct problem with middle income earners who are failing to save enough and are likely to find the drop in income during retirement unexpected and unacceptable,” said Paola Subacchi, one of the authors of the report.Chatham House reports if middle income households save about 10 per cent of their earnings after the age of 45, they could boost their wealth upon retirement by as much as 25 per cent.However, the UK faces milder problems than France and Germany, “in which the state is committed to generous pensions for an ageing population,” Subacchi added. Wednesday 9 March 2011 7:50 pm whatsapp KCS-content Show Comments ▼ whatsapp Share Middle Britain set for big drop in retirement income Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULLlast_img read more

Melco Resorts to pay one month discretionary bonus to all employees

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Melco Resorts to pay one month discretionary bonus to all employees Melco Resorts and Entertainment has announced that a one-month, non-recurring discretionary bonus will be paid to all of its eligible non-management employees. Casino & games The City of Dreams resort in Macau continued to be the operator’s leading property, despite revenue falling by 88.4% to $91.4m. Studio City, which it part-owns, brought in just $30.8m, down 90.1% and Altria Macau revenue fell 90.8% to $11.0m. Topics: Casino & games Land-based casino Lawrence Ho, chairman and chief executive of the casino operator said: “We are pleased to announce a non-recurring discretionary bonus to recognize the hard work, loyalty and dedication of our eligible non-management colleagues ahead of the Chinese New Year. Casino remained the operator’s largest revenue contributor, though its $170.8m Q3 total represented an 86.3% decline year-on-year. “The year 2020 has certainly been challenging; affecting businesses and communities all around the world. We appreciate our colleagues’ every contribution during this difficult time as we continue to stand as one to weather the challenges in the new year with optimism and courage.” Subscribe to the iGaming newsletter The operator reported a $386.9m loss as stringent travel restrictions put in place in Macau in response to the novel coronavirus (Covid-19) pandemic took their toll on its revenue. Its Cyprus operation, a temporary casino operating while Melco constructs its City of Dreams Mediterranean property, was the most resilient business unit, with revenue down 23.2% at $20.5m. 20th January 2021 | By Conor Mulheir The sharp declines suffered in 2020 followed a year of strong growth in 2019. The 3 months to 30 September 2019 saw it bring in $1.44bn in revenue, up from $1.24bn for the same period in 2018. Regions: Macau The jurisdiction showed signs of recovery in December as GGR reached MOP7.82bn. This figure was 65.8% lower than the MOP22.84bn generated in the same month in 2019, but the second highest monthly total of 2020. Email Address Tags: Melco Resorts & Entertainment Gross gaming revenue in Macau amounted to MOP60.44bn (£5.55bn/€6.15bn/$7.57bn) in 2020, down from MOP292.46bn in 2019. Results published in November showed that Melco’s revenue had fallen 85.2% year-on-year to $212.9m (£155.7m/€175.8m) in the third quarter of 2020. Hotel revenue was down 82.9% at $15.2m, while food and beverage slipped 77.4% to $13.4m.last_img read more

Trinity Episcopal Church calls Julia Whitworth as new rector

first_img Submit an Event Listing Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Director of Music Morristown, NJ Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Assistant/Associate Rector Washington, DC Associate Rector for Family Ministries Anchorage, AK Tags Judy Lawes says: Bishop Diocesan Springfield, IL Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Youth Minister Lorton, VA Posted Apr 12, 2016 Press Release Service People Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Priest Associate or Director of Adult Ministries Greenville, SC Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest New Berrigan Book With Episcopal Roots Cascade Books Course Director Jerusalem, Israel Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Assistant/Associate Rector Morristown, NJ Rector/Priest in Charge (PT) Lisbon, ME In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector and Chaplain Eugene, OR Rector Collierville, TN The Reverend Canon Julia Whitworth has accepted the call as the 12th rector of Trinity Episcopal Church, Indianapolis. She serves as Canon for Liturgy and the Arts at the Cathedral of Saint John the Divine in New York City. Her anticipated first Sunday at Trinity isJuly 10, 2016“I am honored to be elected Trinity’s new Rector. I am inspired by Trinity’s historic commitment to a powerful combination of beautiful liturgy, deep spiritual inquiry, and vital mission outreach in the city of Indianapolis,” Canon Whitworth said. “I look forward to joining Trinity in its mission to reflect the love of God and Gospel of Jesus Christ in and on your community.”Canon Whitworth has a passion for liturgy and music, preaching, and prophetic witness to the Church’s call to be a significant voice for social justice. She is also deeply committed to the integration of children and families in all aspects of the Church, especially through education, liturgy, music and service, and joyful community-building.“We are so very blessed that Canon Whitworth has decided to accept Trinity’s call. Her liturgical excellence, scholarly preaching, strong interpersonal skills, and enthusiasm about serving a church in the heart of the city make her the perfect match for rector of our beloved church,” stated the search committee co-chairs.Whitworth was ordained an Episcopal priest after a previous career as a theatre director and college professor. She has directed new plays and classics in New York and regionally, and is cofounder of “Shakespeare in Stonington,” a summer program of Opera House Arts, on Deer Isle, Maine. She has taught theatre and performance studies, directing, and acting at New York University’s Tisch School of the Arts and Mount Holyoke College.After divinity school at Union Theological Seminary, Canon Whitworth’s first call as a priest was to St. James’s Episcopal Church in West Hartford, Connecticut, where she oversaw adult education and youth ministries. At the Cathedral of Saint John the Divine, she plans and implements a wide array of worship offerings, ranging from small daily Eucharists to large-scale services for over 3000 people. Additionally, she collaborates on the visual and performing arts programming at the Cathedral as part of its commitment to civic engagement through cultural offerings.Canon Whitworth and her husband, Ray Neufeld, have three young children. April 12, 2016 at 4:56 pm Congratulations, Julia , and best wishes from your friends at St. James’s. April 13, 2016 at 5:38 am Blessings on your new ministry, Julia! Your gifts will be well used.From St. John’s, West Hartford,Hope and Bill Eakins The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Featured Jobs & Calls Associate Priest for Pastoral Care New York, NY Rector Albany, NY Cathedral Dean Boise, ID Featured Events Rector Pittsburgh, PA Rector Shreveport, LA Rector Smithfield, NC Comments are closed. Rector Washington, DC Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Knoxville, TN Rector Belleville, IL Rector Tampa, FL TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Priest-in-Charge Lebanon, OH Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Martinsville, VA Trinity Episcopal Church calls Julia Whitworth as new rector Canon for Family Ministry Jackson, MS Associate Rector Columbus, GA Family Ministry Coordinator Baton Rouge, LA Comments (2) Curate Diocese of Nebraska Assistant/Associate Priest Scottsdale, AZ Rector (FT or PT) Indian River, MI Hope and Bill Eakins says: Missioner for Disaster Resilience Sacramento, CA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Director of Administration & Finance Atlanta, GA Submit a Job Listing Submit a Press Release Rector Hopkinsville, KY Rector Bath, NC last_img read more

Albany bishop rejects General Convention compromise on gay marriage, refuses…

first_img Assistant/Associate Priest Scottsdale, AZ By David PaulsenPosted Nov 12, 2018 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Family Ministry Coordinator Baton Rouge, LA Rector Martinsville, VA Marriage Equality, Rector Pittsburgh, PA Director of Administration & Finance Atlanta, GA In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Submit an Event Listing Rector Hopkinsville, KY Albany bishop rejects General Convention compromise on gay marriage, refuses to allow rites Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Submit a Press Release Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Priest-in-Charge Lebanon, OH This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Associate Rector for Family Ministries Anchorage, AK Rector (FT or PT) Indian River, MI Members of St. Andrew’s Episcopal Church in Albany, New York, pose in October for a Facebook photo promoting it as a congregation that “welcomes ALL for worship, fellowship and service.” The parish, however, and any others in the Diocese of Albany interested in offering same-sex marriage ceremonies will not be allowed under the directive issued by Bishop William Love.[Episcopal News Service] Albany Bishop William Love, in a Nov. 10 pastoral letter to his diocese, forcefully condemned the Episcopal Church’s adoption of same-sex marriage rites, vowed to reject a General Convention resolution intended to offer the rites in all dioceses, and suggested Episcopalians in his diocese would leave the church if his directive were overturned.Featuring biblical citations from Leviticus to Romans to support his belief that sexual intimacy between two men or two women was never God’s plan, Love’s eight-page letter labeled homosexuality “sinful and forbidden,” and cast the long-simmering Episcopal debate over same-sex marriage as a kind of existential crisis for the church, which he argues, has been “hijacked” by a powerful, secular “Gay Rights Agenda.”Bishop William Love has led the Diocese of Albany for 12 years. Photo: Diocese of Albany“There is no doubt the Episcopal Church and now the Diocese of Albany are in the midst of a huge storm that can rip us apart if we are not careful. That is exactly what Satan wants. We don’t have to play his game,” Love said. “If we focus on what divides us, we will be destroyed. If we focus on what unites us — our Lord Jesus Christ — He will get us through to the other side.”Resolution B012, when it was approved by the 79th General Convention in July, was seen as a compromise between conservative bishops like Love and advocates for greater LGBTQ inclusion in the church. It passed with broad support in both the House of Bishops and House of Deputies.It wasn’t immediately clear what steps church leaders might take in response to Love’s directive, which specifically forbids diocesan clergy from using the trial rites supported by B012. Presiding Bishop Michael Curry issued a statement Nov. 12 saying all clergy are required to “act in ways that reflect and uphold the discernment and decisions of the General Convention of the church.”“I have read the recent statement from Bishop Bill Love of the Diocese of Albany and am aware of the deep hurt on all sides of the issues it addresses,” Curry said. “I have been, and will continue to be, in conversation with Bishop Love about this matter. Along with other leaders in the Episcopal Church, I am assessing the implications of the statement and will make determinations about appropriate actions soon.”Episcopal News Service was unable Nov. 12 to reach clergy in the diocese to speak about Love’s letter on the record, and a diocesan representative said the bishop wasn’t immediately available to answer a reporter’s questions by phone.Despite the impasse in Albany, the Episcopal Church has made steady progress toward marriage equality in recent years, said the Rev. Gay Clark Jennings, president of the House of Deputies.“We recognize the Holy Spirit at work in the marriages of lesbian, gay, bisexual and transgender people,” Jennings said in a written statement. “And we know that there are Christians who have been drawn further into fidelity and service to the world by living in committed same-sex partnerships and marriages based on holy love and the gift of seeing Christ in one another. When we celebrate these marriages, the entire church is blessed by the love and fidelity of these faithful couples.”Love’s decision already has generated backlash in Albany and churchwide among supporters of same-sex marriage.“Parishioners at St. Andrews, Albany, burned the bishop’s letter while it was being read at church,” parishioner John White said in a Facebook post. “How did your congregation ‘celebrate’?”The Rev. Susan Russell, a priest from the Diocese of Los Angeles who has advocated for years in favor of greater LGBTQ inclusion in the Episcopal Church, said Love exceeded his canonical authority, and she expects the church to hold him accountable.“In a moment when we’re being led by a presiding bishop who prophetically proclaims on a worldwide stage that if it’s not about love it’s not about God, we have a bishop named Love who is drawing lines in the sand, who is explicitly excluding people from God’s blessing,” Russell, senior associate rector at All Saints Church in Pasadena, California, told ENS by phone.Leading up to General Convention this year, Albany was one of eight dioceses that refused to offer trial rites to same-sex couples wishing to marry in their own churches because the bishops held to theologically conservative interpretations of scripture, church canons and the Book of Common Prayer. With B012, General Convention intended to ensure same-sex couples had access to the rites everywhere that were legally allowed to marry.B012 takes effect Dec. 2, the first Sunday of Advent. In some cases, the conservative bishops have interpreted the resolution as allowing them to opt out personally by asking another bishop to provide pastoral oversight for the marrying couples, clergy and congregations.Love, however, objected to B012 when it was approved and repeated his objections in his Nov. 10 letter. He said he raised those concerns in a recent meeting with Curry, warning the resolution’s mandate would do “tremendous damage” to the church and his diocese.Love’s letter begins by citing his authority as bishop, which the Book of Common Prayer says includes a call “to guard the faith, unity, and discipline of the Church” and to “boldly proclaim and interpret the Gospel of Christ.” It concludes by affirming his “respect for the authority of General Convention as an institutional body” but pledging his “ultimate loyalty” to God.His letter enumerates seven reasons for his rejection of B012, starting with biblical teachings that marriage is between a man and a woman.“The fact that some in today’s sexually confused society (to include 5 of the 9 U.S. Supreme Court Justices in 2015) may have broadened their understanding of marriage to be more inclusive, allowing for same-sex marriages, doesn’t mean that God … has changed His mind or His purpose or intent for marriage,” the letter reads.Albany remains an exception to church’s support for marriage equalityThe reference to the Supreme Court invokes the ruling in Obergefell v. Hodges, which legalized same-sex civil marriage in all 50 states. It already had been legal in New York since 2011.However, tensions in the Episcopal Church over homosexuality stem from even earlier. Those tensions flared up in 2003 with the ordination of New Hampshire Bishop Gene Robinson as the church’s first openly gay bishop, and after several years of theological disagreements, some bishops, priests and lay Episcopalians left the church, causing protracted legal battles in some places over diocesan property.Separate efforts to welcome same-sex couples more fully into the life of the church took a major step forward in 2015 when General Convention created and authorized two trial marriage rites for same-sex and opposite-sex couples.“For more than 40 years, the Episcopal Church has prayed, studied and discerned and, in doing so, we have seen the evidence of God’s blessing in the lives of LGBTQ people,” Jennings said in her written statement, calling General Convention “our highest temporal authority.”Despite their earlier objections, the bishops of the dioceses of Central Florida, Dallas, Florida, North Dakota, Springfield, Tennessee and the Virgin Islands have signaled they will implement it in some fashion.“I think we’ve come out of this with something that lets everyone stay true to their conscience,” Dallas Bishop George Sumner told the Dallas Morning News in July.Like Love, Florida Bishop Samuel Johnson Howard opposed the comprise resolution, but he sent a message to his diocese on Aug. 3 saying he would implement it. If a parish wishes to conduct a same-sex wedding, Howard said he will ask a fellow bishop to step in.“Please know that I am committed to honoring Resolution B012, as passed by the General Convention, even though my own theological position and pastoral teaching continues to be rooted in traditional Gospel understandings as set forth in our Book of Common Prayer,” Howard said. “My prayer is that both ‘sides’ of this issue will come to see the other not as a ‘side’ at all, but rather as fellow members of the Body of Christ, seeking in good faith to follow the Gospel.”Love, however, has offered no such conciliation. “We’re in the midst of a major schism,” Love told the Albany Times-Union in a Sept. 1 story, and in a Sept. 7 letter to the diocese, he said he was still considering the resolution’s meaning and collecting input from diocesan clergy before deciding how to respond and “how it will be dealt with in the Diocese of Albany.”The diocese is based in New York’s capital city, though most of its 130 congregations are in less-populated communities between the Canadian border and Catskill Mountains. By Nov. 11, Love had made his decision, and it echoed off the walls of those churches. Parish clergy were instructed by Love to read the letter to their congregations after Sunday worship.“B012 turns upside down over 2,000 years of church teaching regarding the Sacrament of Holy Matrimony, and is in direct contradiction of the Episcopal Church’s ‘official teaching’ on marriage,” Love said.Love’s letter also frames his objection to same-sex marriage by arguing at length that it is rooted in a faith-based opposition to homosexuality, and to premarital sex of any kind.Allowing gay couples to marry does “a great disservice and injustice to our gay and lesbian brothers and sisters in Christ, by leading them to believe that God gives his blessing to the sharing of sexual intimacy within a same-sex relationship, when in fact He has reserved the gift of sexual intimacy for men and women within the confines of marriage between a man and woman.” He continues by accusing the church of encouraging Episcopalians with “same-sex attractions” to sin by acting on those impulses.Love implicates the Episcopal Church in that sin and suggests it will hasten the church’s demise.“Not only does the same-sex couple come under God’s judgement and condemnation, but it also brings God’s judgement and condemnation against The Episcopal Church,” Love wrote. “Recent statistics show that The Episcopal Church is spiraling downward. I can’t help but believe that God has removed His blessing from this Church. Unless something changes, The Episcopal Church is going to die.”Bishop raises alarm over widening church schismImplementing B012 also would require Love to violate his vows of ordination, he said, adding that others in his diocese are just as adamant in opposing same-sex marriage.“There are many in the Diocese of Albany who have made it clear that they will not stand for such false teaching or actions and will leave — thus the blood bath and opening of the flood gates that have ravaged other dioceses will come to Albany if B012 is enacted in this diocese,” he said in his letter.Love’s final justification for rejecting B012 expands the decision’s scope by invoking the diocese’s positive relations with the Anglican Communion, which also has grappled in recent years with divisions between its provinces, one of which is the Episcopal Church, over homosexuality.Some in the Episcopal Church are willing to take what they see as a “prophetic” stance, Love said, even if others in the Anglican Communion don’t “embrace this ‘new thing’ that they believe God is doing.” Love calls this the devil’s deception.“Satan is having a heyday … by deceiving the leadership of the church into creating ways for our gay and lesbian brothers and sister to embrace their sexual desires rather than to repent and seek God’s love and healing grace,” he said.Love concluded his letter with a lengthy passage that mines a range of viewpoints on Christian outreach to people “who are struggling with same-sex attractions” while making clear he views homosexuality as a sin that requires repentance.Curry, in his statement Nov. 12, was clear about the Episcopal Church’s official understanding of the issue.“We are committed to the principle of full and equal access to, and inclusion in, the sacraments for all of the baptized children of God, including our LGBTQ siblings,” Curry said. “We also are committed to respecting the conscience of those who hold opinions that differ from the official policy of the Episcopal Church regarding the sacrament of marriage.“It should be noted that the canons of the Episcopal Church give authority to all members of the clergy to decline to officiate a marriage for reasons of conscience, and Resolution B012 of the 79th General Convention does not change this fact.”Russell, the California priest, said several fellow advocates for marriage equality and priests in the Diocese of Albany contacted her to inform her of Love’s decision. It greatly saddened her, she said.Russell called Love “a complete outlier” among bishops on this issue, but that doesn’t take away the sting felt by gay and lesbian couples in his diocese.“My heart goes out to the LGBTQ people in the Diocese of Albany specifically, but also to those in the wider church and community who will hear this again as another indication of how deeply homophobia runs in the veins of the world and the church, and how much we have to do to eradicate it,” she said. “And I do think it’s up to the whole church to stand together in love and compassion.”– David Paulsen is an editor and reporter for the Episcopal News Service. He can be reached at [email protected] Canon for Family Ministry Jackson, MS Curate Diocese of Nebraska Priest Associate or Director of Adult Ministries Greenville, SC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Shreveport, LA Rector Knoxville, TN Featured Jobs & Calls Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector/Priest in Charge (PT) Lisbon, ME Tags Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET center_img Course Director Jerusalem, Israel Rector Tampa, FL New Berrigan Book With Episcopal Roots Cascade Books Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector and Chaplain Eugene, OR Featured Events Director of Music Morristown, NJ Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Assistant/Associate Rector Washington, DC Same-Sex Marriage Associate Priest for Pastoral Care New York, NY Rector Collierville, TN Press Release Service TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Bishop Diocesan Springfield, IL Cathedral Dean Boise, ID Rector Washington, DC Submit a Job Listing Associate Rector Columbus, GA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Albany, NY Missioner for Disaster Resilience Sacramento, CA Youth Minister Lorton, VA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Bath, NC Assistant/Associate Rector Morristown, NJ Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Smithfield, NC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Belleville, IL last_img read more

Recycled Building / Alonso de Garay Architects

first_imgSave this picture!© Jimena Carranza+ 27 Share Apartments ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/136967/recycled-building-alonso-de-garay-architects Clipboard ArchDaily “COPY” Recycled Building / Alonso de Garay ArchitectsSave this projectSaveRecycled Building / Alonso de Garay Architects Year:  Architects: Alonso de Garay Architects Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/136967/recycled-building-alonso-de-garay-architects Clipboard “COPY”center_img Photographs 2010 Mexico Projects CopyApartments, Renovation•Mexico City, Mexico Recycled Building / Alonso de Garay Architects Photographs:  Jimena CarranzaText description provided by the architects. The strong territorial expansion of Mexico City in recent decades led to the carelessness and decay of many of the neighborhoods with most history and tradition as Condesa, Roma, Juarez and others. Properties that during the last century belonged to families of the Mexican high society today are not only but old fogies and debris damaged by the accumulation of years without maintenance. In recent years, this deterioration was used by Mexican architects to begin recycling the neighborhoods, using old buildings and turning them into pieces of modern architecture which led to these areas again to be the most expensive and desired of the Country’s Capital.Save this picture!© Jimena CarranzaRecommended ProductsDoorsLibartVertical Retracting Doors – Panora ViewDoorsLonghiDoor – HeadlineDoorsGorter HatchesRoof Hatch – RHT AluminiumDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaSinaloa 193 is a last-century building located in the Colonia Roma used to be training center of Banco del Atlántico, then stayed in the dropout causing it to be invaded and appropriated by a group of people. Years later it was recovered by the HSBC Bank and released. Save this picture!© Jimena CarranzaThe project has 26 apartments on 6 levels, ranging from 56m2 to 110m2. The architecture aims to be modern but simple, unpretentious, warm and very natural. We sought contrasts between industrial and natural elements, textures cold as steel and aluminum with warm textures such as stone and wood. The views were not very good so we wanted a landscape design to serve as a curtain, sculptural elements on the idea of recycling scrap pieces heavily polluting materials turned into nests of plants. The courtyards that were once only for the service, are now living gardens with trees and plants, likewise, much of the roof became green areas. Save this picture!© Jimena CarranzaThe landscape design includes traditional species such as the Mexican Nopal. There are also ferns, bamboos etc. Some plants were chosen within the theories of Feng Shui such as the Cactus which sought a blue species that represents the strength of winter and without thorns that are regarded as darts or poisoned arrows. Some of the aloes used are rare species which we wanted to preserve. Save this picture!landscape shadesThe idea was the rebirth of a dead building in the XXI century and used as a space not only for what it was created, housing, but also as a museum of plants, a space for the preservation of species a home for the waste that pollute our country and an example to follow recycling our city.Project gallerySee allShow lessIs Architecture Employment ImprovingArticlesProposed Renovation to the Phillis Wheatley Elementary School for the AIAS Competiti…ArticlesProject locationAddress:Mexico City, D.F., MexicoLocation to be used only as a reference. It could indicate city/country but not exact address. Share CopyAbout this officeAlonso de Garay ArchitectsOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsRefurbishmentRenovationDabasMexico CityResidentialSustainabilityHousingRefurbishment3D ModelingMexicoPublished on May 25, 2011Cite: “Recycled Building / Alonso de Garay Architects” 25 May 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingMetal PanelsAurubisMill Finished Copper: Nordic StandardDoorsRaynorThermal Sectional Doors – FlexFamily™SinksBradley Corporation USASinks with WashBar Technology – Verge LVQ SeriesExterior DeckingLunawoodThermowood DeckingStonesCosentinoNon-slip Treatment – Dekton® Grip +Metal PanelsSherwin-Williams Coil CoatingsValflon® Coating in Edmonton Public LibraryWallcovering / CladdingLinvisibileLinvisibile Boiserie and Skirting Systems | OrizzonteMineral / Organic PaintsKEIMMineral Paint in Beethoven HausWall / Ceiling LightsEureka LightingCeiling Recessed Lights – OutlineFurnitureFrapontWood Furniture and EquipmentMore products »Read commentsSave想阅读文章的中文版本吗?重复循环建筑 / Alonso de Garay Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

New appointments for Occam

first_img  16 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 7 January 2003 | News Occam Direct Marketing has appointed Adam Jackson as Sigma Support Specialist and Steven White as Senior Analyst.Adam Jackson joins Occam having worked with Nationwide Building Society and Avon Friends of the Earth. With three years experience in technical support, Web design and analytical consultancy, he will be responsible for the Sigma Support team at Occam.Steven White joins from British Airways and has over 10 years experience in the field of analytical consultancy. He will be responsible for the day-to-day management of statistical work in the Strategic Analysis team as well as providing statistical analysis solutions. Advertisement New appointments for Occamcenter_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Policy dispute emerges as U.S. faces setback in Syria

first_imgAug. 7 — With the aid of its Russian allies, Syrian government forces are making important military gains against the Islamic State group (IS) and U.S.-backed fighters in the area including Aleppo. The impending liberation of Syria’s largest city has prompted a faction in the Barack Obama administration to vigorously press for major U.S. air attacks against Syria.The faction made this clear in a blunt op-ed piece in the Aug. 3 New York Times titled “The Case for (Finally) Bombing Assad.” Bashar al-Assad is Syria’s president. One co-author of the piece is Dennis B. Ross who worked in the State Department under presidents Jimmy Carter, Ronald Reagan, George H.W. Bush, Bill Clinton and Obama.Alleged U.S. government plans to try to coordinate with Russia to jointly target the IS and the Nusra Front inside Syria are “opposed by many within the C.I.A., the State Department and the Pentagon,” according to Ross and his colleague at the Washington Institute for Near East Policy, Andrew. J. Tabler.The two op-ed authors are speaking for those who want to “punish the Syrian government … using drones and cruise missiles to hit the Syrian military’s airfields, bases and artillery position.” Their statement is only the most recent revelation of an internal debate in U.S. ruling circles going back years.Washington has taken desperate steps to reverse what the Aug. 6 Times headlined as “Military success in Syria gives Putin upper hand in U.S. proxy war.”Russian air support began only in September 2015. This followed four years of U.S.-C.I.A. training and arming of groups aiming to overthrow the government of Syria. These groups, often described as “rebels,” are really pro-imperialist reactionaries.Even the New York Times admits that Russia stepped in only “after a monthslong offensive by C.I.A.-backed rebel groups … sometimes [fighting] alongside soldiers of the Nusra Front … affiliated with Al-Qaeda” and noted that “for several years the C.I.A. has joined with the spy services of several Arab nations to arm and train the rebels at bases in Jordan and Qatar, with the Saudis bankrolling much of the operation.” (Aug. 6)Major gains in Syrian offensive to control AleppoBut the Syrian Army has reversed many earlier gains by the reactionaries with the help of Hezbollah fighters from Lebanon and Russian air support. A major offensive to control Aleppo has seen major gains, including control of areas along the Turkish border, used previously to supply the reactionaries.In the same article the Times notes that “the most pressing danger is that supply routes from Turkey which are essential to the C.I.A.-backed rebels could be severed.”In the battle for Aleppo, the Syrian Army has encircled eastern sections of the city held by reactionary forces. Intensive fighting is reported in desperate attempts by the besieged U.S.-backed forces to reopen their supply lines. According to the Australian Broadcasting Corporation of Aug. 6, more than 500 fighters have been killed around Aleppo in one week.The debate within the Obama administration is over tactics, not goals. Both factions seek the overthrow of the government of Syria and its replacement with a colonial puppet regime. U.S. imperialism will try various ways to achieve its world domination — sometimes the bare fist, sometimes the velvet glove.The military option is always ready to be rolled out. On July 20 the Guardian newspaper reported that U.S. fighter bombers attacked the town of Manjib in Syria killing “at least 73 civilians” and possibly as many as 117. Many bodies were shredded and unidentifiable, but most of the casualties were women and children.U.S. ally Turkey has also allowed U.S. planes to resume bombing flights against Syria from the Incirlik air base in Turkey, which had been shut down immediately following the failed coup of July 15.Israel, another U.S. ally, also continues intervening against the Syrian government. The Times of Israel reported on Aug. 4 that the Israeli Air Force attacked a column of Hezbollah trucks in Syria heading for Damascus.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

AXIS Included in 2021 Bloomberg Gender-Equality Index Reflecting its Commitment to D&I Measurement and…

first_img Facebook Twitter PEMBROKE, Bermuda–(BUSINESS WIRE)–Jan 27, 2021– AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it is one of 380 companies across 11 sectors included in the Bloomberg Gender-Equality Index (GEI). The GEI expanded in 2021 to represent 44 countries and regions. AXIS represents the first company domiciled in Bermuda to be included in the GEI. “We are proud to be selected for inclusion in the GEI as just one of 380 companies. Our participation in the GEI reflects our commitment to transparency on D&I and gender equality measures, and to holding ourselves accountable for results as we expand our D&I initiatives,” said Albert Benchimol, President and CEO of AXIS. “This is just a start as we grow our efforts to foster a corporate culture that promotes diversity, equity and inclusion.” AXIS’ efforts in D&I and gender equality are an element of the company’s Corporate Citizenship strategy, which includes initiatives that promote and foster a culture of inclusion. Additional focus areas of the AXIS Corporate Citizenship program include environment, philanthropy and advocacy. “It’s an important step forward to be included in the Bloomberg Gender-Equality Index. At AXIS, we recognize that the strength of our company is grounded in the diversity of our people,” said Noreen McMullan, Chief Human Resource Officer at AXIS. “Diversity and gender equity enrich all aspects of our business – our culture, our perspective, and our ability to understand and connect with all of our stakeholders.” The GEI brings transparency to gender-related practices and policies at publicly listed companies increasing the breadth of environmental, social, governance (ESG) data available to investors. The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. Key strengths of AXIS’ across these categories included initiatives related to retaining women in the workforce, a key focus of AXIS’ over the last several years. To learn more, visit the GEI website. Bloomberg Terminal subscribers can access the GEI at {BGEI }. For more information about AXIS’ Corporate Citizenship initiatives, visit https://axiscapital.com/who-we-are/corporate-citizenship. About AXIS Capital AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at September 30, 2020 of $5.3 billion and locations in Bermuda, the United States, Europe, Singapore, and Canada. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A” (“Excellent”) by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com. Follow AXIS Capital on LinkedIn and Twitter. View source version on businesswire.com:https://www.businesswire.com/news/home/20210127005329/en/ CONTACT: Investor Contact Matt Rohrmann AXIS Capital Holdings Limited [email protected] +1 212-940-3339Media Contact Anna Kukowski AXIS Capital Holdings Limited [email protected] +1 212-715-3574 KEYWORD: EUROPE CARIBBEAN UNITED KINGDOM BERMUDA INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSUMER WOMEN INSURANCE FINANCE MEN SOURCE: AXIS Capital Holdings Limited Copyright Business Wire 2021. PUB: 01/27/2021 08:00 AM/DISC: 01/27/2021 08:01 AM http://www.businesswire.com/news/home/20210127005329/en Local NewsBusiness Previous articleShift4 Payments Launches Shift4Shop eCommerce SolutionNext articleCertara Releases Simcyp™ PBPK Simulator Version 20, Including Newly Expanded Biologics Software Digital AIM Web Support WhatsApp Pinterest By Digital AIM Web Support – January 27, 2021 center_img TAGS  Pinterest AXIS Included in 2021 Bloomberg Gender-Equality Index Reflecting its Commitment to D&I Measurement and Transparency WhatsApp Twitter Facebooklast_img read more