Risk to economic stability if banks are asked to shoulder the full burden

first_img whatsapp Tags: Coronavirus Opinion Ministers have spoken about the banking sector “returning the favour” of taxpayer support through the financial crisis over the course of this pandemic (AFP via Getty Images) Also Read: Beware the risk to economic stability if banks are asked to shoulder the full burden of Covid-19 As the Bank of England publishes its surveys on bank liabilities and credit conditions today, it is a reminder that much of that cost will fall on the financial sector, and within that, on the larger banks. But how that burden lands requires some thought.  Ministers have spoken about the banking sector “returning the favour” of taxpayer support through the financial crisis over the course of this pandemic (AFP via Getty Images) Additional regulatory initiatives also need to be carefully considered, in the context of the overall burden and impact on the ability of the banks to attract capital and keep lending at levels that the economy needs. The notion that banks can absorb additional costs driven by these initiatives without onward implications is misplaced: eroded profits affect the ability to lend and meet the needs of customers and, at this time in particular, the wider economy. The banks’ role in funding the economy through CBILS and Bounce Back Loans has allowed businesses that might otherwise have failed to continue. Forbearance — the decision not to enforce rights against troubled borrowers — across many credit markets has also enabled businesses and consumers to avoid insolvency — or has, at least, given them more time to adapt.  But with businesses and individuals alike struggling to avoid the economic impact and financial distress that the pandemic has brought, the banking sector has reported additional loan losses. These amount to £18bn for the first half of 2020 alone, while the Bank of England estimated (in its May 2020 central case) that Covid-related loan losses may tally up to as much as £80bn.  The impact of measures designed to increase competition also needs to be considered against these broader pressures. It is precisely at times of economic stress like this that the value of competition in relationship banking can be seen for the wider economy. So how can the burden of Covid-19 be shifted to lighten the load for the banking sector, while protecting society and maintaining the economy? It is with this in mind, that the FCA’s competition duty must look to recognise the wider impacts of interventions on the sources of competitive pressure in the market. Measures that have a disproportionate effect may undermine important elements of competition and severely constrain the ability of mainstream lenders to provide adequate levels of lending. Yet in the short and medium term, the costs stemming from Covid-19 and the government’s response to the pandemic will inevitably harm the economy, and therefore bank profitability. Regulators need to be mindful of the capital rebuild that will be required and the ability of banks to attract the capital needed to support the essential services they provide.  Beware the risk to economic stability if banks are asked to shoulder the full burden of Covid-19 City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. James WorsnipJames Worsnip is a banking expert and managing director at global consultancy AlixPartners The banks certainly need to act to mitigate loan losses: price in the additional risk (and capital charge); offset the squeeze on the net interest margins; and begin to think about how they will ultimately restore capital levels to those expected by regulators.  Ministers have spoken about the banking sector “returning the favour” of taxpayer support through the financial crisis over the course of this pandemic. It may well be right that better outcomes can be achieved through a coordinated response, but this is not the same as saying that incumbent banks should carry a disproportionate share of the burden.  Depressed shareholder returns will, in turn, reduce the banks’ ability to provide the volume of lending required to fund the recovery and growth that customers seek. This is not a welcome conclusion for an economy trying to address the twin threats of the pandemic and Brexit.center_img However, there is also a crucial role for regulators and the Treasury to play in balancing the burden. The economic cost of Covid-19 has been — and will continue to be — immense.  First, regulators should be stepping back and rethinking the objectives, policy hierarchy, and supporting regulatory structure for consumer and SME banking at a minimum. Greater regulatory coordination and alignment are more crucial than ever, across all interfaces between government and the banks. The banking sector entered the pandemic with healthy levels of capital, which the Bank of England considers will be adequate to maintain the viability of firms in the sector. Share Ministers have spoken about the banking sector “returning the favour” of taxpayer support through the financial crisis over the course of this pandemic (AFP via Getty Images) Also Read: Beware the risk to economic stability if banks are asked to shoulder the full burden of Covid-19 whatsapp Thursday 15 October 2020 6:38 am If there was ever a time when we needed a resilient and healthy banking system, it is now. Main image credit: Getty by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableybonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comPast Factory”Waltons” Actress Says Magazine Ended Her CareerPast FactoryJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutDefinitionThe 20 Worst Draft Picks Ever – Ryan Leaf Doesn’t Even Crack The Top 5DefinitionBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider The Treasury and the regulators will need to be mindful of the need to encourage competition in the banking sector and balance regulatory banking initiatives through the crisis and beyond if we are to maintain the country’s economic resilience through these challenging times. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Show Comments ▼ Any notion that the banks can simply absorb these losses needs to consider the links between the interests of government, customers, and shareholders. Should these losses continue, the sector as a whole faces the risk of entering into a spiral of depressed profits, poor shareholder returns, and an inability to raise capital.  So how healthy is the UK’s banking system?last_img read more

My LA to Z: Felicia Day

first_imgCelebrityUncategorizedMy LA to Z: Felicia DayThe YouTube star and author of the new book You’re Never Weird on the Internet (Almost) (out this week) isn’t afraid to embrace her inner dork. Here she talks bouncing off the walls (literally), grey mustaches, and quality quesoBy Tess Kessler – August 14, 2015860ShareEmailFacebookTwitterPinterestReddItThe Last BookstoreI think the Last Bookstore is one of the most unique places in L.A. It’s a used and new book store/art gallery of books, so not only can you go buy books and go to readings, but there are art galleries upstairs where you can find all sorts of amazing art and sculptures. The sci-fi and fantasy books are in an actual vault, so the whole experience is amazing. I bought some used, sort of sci-fi porno books with very scantily clad ladies and men on the cover. I think I’ll like the cover more than the interior I anticipate.Bäco MercatBäco Mercat is actually right around the corner from the Last Bookstore. It has the best sandwich, the Bäco, you’ll ever eat on the planet. There are a couple of variations; I love the oxtail version. It’s incredibly simple but amazing. The cocktails are my favorite in town as well. They always have very inventive and odd cocktails with elderberry and a lot of avant garde things in them, but it doesn’t feel like it’s trying too hard.Sky Zone Trampoline ParkIt’s this huge indoor area where they have trampolines, and you can bounce from one end of the room to another. Kids have parties there, but as adults, you just go in and bounce as high as you want. There are trampolines on the wall, so you can bounce from the floor onto the wall, too. It’s one of the funnest things ever, for kids or adults.Gallery 1988Gallery 1988 is an art gallery that specializes in culture, so if you love Pulp Fiction or Zelda, they’re always having amazing exhibits based on certain kinds of pop art. They did a Ghostbusters one, so it’s kind of like nerd art couture. Every single time I go there I find something for a friend or something I love myself. They’re the kind of things you have to look at twice and maybe even know inside things about the movie to know that the piece of art is based on the movie.New Stone AgeIt’s an art and jewelry gallery in my favorite walking area. This is a place where I like to go to get a gift, especially jewelry. It’s the type of shop you would find in Paris. They have adorable little sculptures and anything from $2 to $200 to $1000. They have handmade bags and things, but I think it’s the jewelry that’s really the stand out. You can find something really special at this gallery that you can’t find anywhere else.The BoardwalkBike the boardwalk from Santa Monica to Venice. I don’t really do outdoors things—I’m not really athletic and I don’t like the sun—but whenever somebody comes to L.A., I tell them they have to rent a bike and go all the way up and down the boardwalk because it’s really amazing. I don’t think people realize it’s a nice beach. You can go as far as you want, as far as Malibu. You can see the boardwalk or stop at the pier. It’s kind of a great survey and the best way to enjoy the beach if you don’t like sand.HomeStateIt probably shouldn’t be on a best of L.A. list because it’s a Tex-Mex restaurant. I’m from Texas, and the hardest thing to get in L.A. with all the amazing Mexican food is queso and flour tortillas. HomeState is the one place in town that really represents Tex-Mex that I know is authentic. They have queso, they have amazing tacos, and they hand-make their own tortillas themselves.Paper or PlastikI’m a huge coffee drinker—I could go off on my own list of my favorite coffee places in L.A.—but if I’m ever in Mid City there’s a weird place called Paper or Plastik. It’s a converted dance studio, and they serve the best coffee in town. They don’t allow laptops on most tables, so you have to go there and converse, which is really nice. They’re always renting it out to shoot in it because the design is so distinctive architecturally.Hollywood Toys and CostumesIt’s the best place to get anything fun, especially costume-wise. I do a lot of videos, and whenever I need a clown wig or a Scream mask or a Marie Antoinette costume, I go to Hollywood Toys and Costumes. It really is the best place to go and let your inner kid out, especially around Halloween, but anytime to just go and dress up. We’re always going there for something weird because I do this show where I dress up a lot. I think I got a grey mustache and old woman wig the other day for a video, so that was weird.Photographs courtesy (in order): (1) yelp.com/Kristel Y.; (2) yelp.com/Ami P.; (3) yelp.com/Roger S.; (4) yelp.com/Gallery 1988; (6) flickr.com/Nathan Bakan; (7) yelp.com/T S.; (8) yelp.com/Lea N.; (9) yelp.com/Walter P. All other photographs courtesy facebook.com. TAGSBaco MercatGallery 1988Hollywood Toys and CostumesHomestateNew Stone AgePaper or PlastikSkyzone Trampoline ParkThe BoardwalkYou’re Never Weird on the Internet (Almost)Previous articleThe Red Hot Chili Peppers Song “Under the Bridge” Inspired Le Labo’s New ScentNext articleWhere to Eat Now: Hot ‘N’ Fresh L.A. Restaurants, 8/14Tess Kessler RELATED ARTICLESMORE FROM AUTHORThese Nachos Prove that Melted Cheese and Crunchy Chips Are a Magical CombinationThese Breakfast Burritos Are There for You When You Need Them MostEvery Taco at HomeState, Rankedlast_img read more

Online growth through mobile devices slows

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼ Express KCS ONLINE sales growth through smartphones and tablets came to a standstill in the second quarter , suggesting the boom in mobile growth may have peaked, new figures showed. The amount of sales through mobile devices stood at 42 per cent in the first three months of the year and stayed at that rate in the second quarter, according to the latest monthly figures from industry analysts IMRG and Capgemini.This is the first time it has remained unchanged since IMRG and Capgemini began measuring mobile and tablet sales in 2010, when just 0.9 per cent of online sales were completed through these devices. IMRG’s Tina Spooner said: “On the surface it looks like sales via mobile devices have stalled, although these figures alone don’t tell the full story. While tablets currently account for almost three-quarters of sales through mobile devices, sales growth through smartphones is rising at around four-times the rate of that through tablets and conversion rates on both device types are increasing.” The percentage of visits to retail websites made via mobile devices continues to increase – reaching 60 per cent in the second quarter from 58 per cent in the previous quarter.Ben Carter, marketing director at notonthehighstreet.com, said: “Throughout the second quarter, we’ve seen that the volume of customers using smartphones to purchase from notonthehighstreet.com has steadily increased. Smartphones now account for a significant amount of traffic and continue to drive conversion; it’s clear that they are very much a key component in the online shopping journey for today’s customers.” whatsapp whatsapp Share Thursday 27 August 2015 5:56 am Online growth through mobile devices slows Tags: NULLlast_img read more

News / Investors spot a gap and move in on secondhand feeder vessel market

first_img A lack of orders for smaller containerships over the past few years, with operators focused on large vessels, is attracting new investors into the secondhand market.Hamburg-based asset and investment manager MPC Capital said it had already raised $100m in equity to acquire a fleet of feeder (1,000-2,000 teu) and feedermax (2,000-3,000 teu) vessels this year.A new company, MPC Container Ships, has been formed and group subsidiaries Ahrenkiel Steamship and Contchart will provide technical and commercial management services.MPC said that, “based on the current pipeline exceeding 100 vessels, capital proceeds are expected to be fully deployed within 2017”, adding that “an initial fleet of attractive assets has already been secured”.It said its rationale for the investment in feeder ships is the expected container market recovery this year, as well as the dearth of smaller newbuild ships being delivered.MPC said: “[The] first signs of a recovery are currently seen in the container shipping market, with freight rates above 2016 levels and charter rates trending up in the first quarter of 2017.”Moreover, it noted, analyst Maritime Strategies International (MSI) was projecting a “market-wide recovery” and had highlighted that supply and demand in the smaller sectors was “particularly favourable”.MPC agreed that overcapacity in the container market – too many ultra-large container vessels causing a cascade of bigger ships into secondary trades – had resulted in “an historic downturn in charter rates and asset values”.However, the smallest vessel sizes had not been as badly hit by the cascading, and MPC said it shared the view that the vessels represented “attractive investment opportunities”.Indeed, according to data extracted from the Harpex Shipping Index, hire rates for a typical 1,100 teu gearless vessel remain at $6,000 per day and above when bigger-class panamax ships of 3,000-5,000 teu saw their daily hire rates tank below $4,000 at the end of 2016. As a consequence, the asset values of smaller ships has been much more robust.For example, according to vesselsvalue.com data, the 1,096 teu Peter Dohle-managed 2003-built Contship Pro has a current valuation of $3.83m – higher than its scrap value of $2.08m. In contrast, an eight-year-old panamax ship was sold for scrap this year by its embattled owners, while in the feeder sector the average age of half of the ships is 15 years.Given that a ballpark figure for a newbuild 1,100 teu feeder ship could be around $20m, the attraction for investors in picking up vessels for a fraction of this cost, that can be chartered at upwards of $6,000 a day and where asset values are insulated by an absence of new ships, is clear.At the time of going to press, The Loadstar was unable to obtain further details from MPC on the number of ships that had been purchased so far.According to media reports, MPC Container Ships will be listed on the Oslo stock exchange. By Mike Wackett 20/04/2017last_img read more

Hospitals must treat infection control as a priority, not a profit center

first_img Please enter a valid email address. About the Author Reprints Related: Leave this field empty if you’re human: This software is increasingly sophisticated, applying artificial intelligence to a variety of health information inputs, such as laboratory data, patient vital signs, and even genomic information, to make diagnoses, track transmission within the hospital, and analyze responses to treatment and drug resistance. Perhaps as important to accelerating adoption, the systems are being promoted with the marketing clout of global corporate giants such as Philips, SAS and Wolters Kluwer.Still, Sharon Ward-Fore, a microbiologist and consultant in the infection control field, told me that specialists in infection prevention remain stretched thin at many hospitals at a time when those institutions are reeling from the financial impact of Covid-19. Ward-Fore, like many of her colleagues, is skeptical that increased spending on infection control staff or technology is imminent.“Don’t businesses look to cut things that don’t generate revenue?” she asked pointedly.With no end in sight to the Covid-19 pandemic, it’s tempting to believe that the business case for an all-out effort for infection control that goes beyond filling the storage bins with personal protective equipment is a slam dunk. The mathematicians and MBAs will soon enough tell us whether that’s true.But whatever evidence emerges from Excel spreadsheets, the nearly 2.4 million Americans who’ve already been infected with Covid-19 make it starkly clear that the ethical imperative for infection control in hospitals has never been more compelling.Michael L. Millenson is a patient safety activist, researcher, consultant, and author of “Demanding Medical Excellence: Doctors and Accountability in the Information Age” (University of Chicago Press). By Michael L. Millenson July 1, 2020 Reprints One barrier to effective prevention has been the disturbing demand by many hospitals for a “business case” for infection control. This mentality, while not universal, has been common enough that the professional society of hospital epidemiologists issued guidelines to aid its members in “justifying” their programs by showing they’re not a “cost center.” I’ve personally seen vendors and hospital staff members being asked to make exactly that kind of argument.advertisement First OpinionHospitals must treat infection control as a priority, not a profit center A worker cleans a room at Regional Medical Center in San Jose, Calif. Justin Sullivan/Getty Images [email protected] @MLMillenson Pharma giants to unveil major $1 billion venture to push novel antibiotics For years, hospitals penny-pinching on infection control has been an open secret. Whether Covid-19 will puncture that pre-pandemic complacency is an open question. But it’s long past time for every hospital to treat infection control as a priority, not as a profit center.Even before Covid-19 appeared, tens of thousands of patients died each year from preventable infections acquired during treatment. The contagious nature of the coronavirus has vastly increased the number of those at risk, with health care workers themselves now routinely endangered.“We have gone far too long with not making the proper investments,” warned Kevin Kavanagh, the physician founder of Health Watch USA, in a recent commentary in Infection Control Today. “I fear that, as a society, we may well have to pay the price for this neglect.”advertisement Receiving care at a highly regarded facility won’t necessarily provide protection against health-care-associated infections. ProPublica examined five years of inspection reports from 55 major hospitals designated by the Centers for Disease Control and Prevention as in the “first tier” of treatment centers able to handle an infectious disease crisis. Journalists found infection-control failures and other problems at more than half of the facilities. Tags Coronavirushospitalsinfectious disease Michael L. Millenson Newsletters Sign up for STAT Health Tech Your weekly guide to how tech is transforming health care and life sciences. The question of how to prod hospitals to alter their infection-prevention parsimony even attracted the attention of a group of Princeton researchers who, writing in the Proceedings of the National Academy of Sciences, proposed a solution derived from “coupled mathematical models … in a game-theoretic framework.”This, of course, begs the question of why so many hospitals need guidance more complex than, “First, do no harm.”Starting immediately, hospitals need to reexamine their approaches to infection-control processes and people. New research, for instance, suggests that current calculations of adequate staffing by specialists in infection prevention, who now call themselves preventionists, may be based on a flawed model. On the process side, some integrated delivery systems have found that centralized surveillance software for infections can both reduce human error and free up preventionists to do rounds on the hospital floor rather than filling out reports in the office.last_img read more

Florida Department of Health develops three-phase COVID-19 vaccination plan

first_imgMobile pediatric clinic provides COVID vaccines for children 12+ June 15, 2021 The current vaccination plan from the Florida Department of Health has distribution happening in three phases.“The first to receive the vaccine will be the first line responders,” Trepichio said.After that, vaccines will go to essential workers, those who are considered high risk, and older adults over the age of 65.Trepichio said he expects to see a vaccine available for frontline workers between January and March of 2021.But with 1.3 million licensed medical professionals in the State of Florida alone, it will likely take much longer for a vaccine to be made available to the public.“At the national level, we’re talking about probably the next six months of 2021 to start having some degree of impact in the general population,” Trepichio said.Once a vaccine is available, Dr. Trepechio said it’s important for the public to take advantage.“Everybody needs to get it,” Trepichio said. Japan to ease COVID restrictions as country prepares for 2020 Olympics June 17, 2021 COVID-19 restrictions likely kept kids out of swim class, putting them at risk June 9, 2021 DOH-Collier bringing COVID-19 vaccines to homebound residents June 17, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Advertisement AdvertisementTags: Covid-19Vaccine It’s a conversation being had across the country: would you get a COVID-19 vaccine?“I’d be the first one in line,” said Joanne Iwynski Miller. “I mean, I get flu shots, I got a shingles shot, why not this?”“They say they have a vaccination to keep you from getting COVID-19, but there’s no guarantee,” Surya Kalyana said.“If it’s going to help me not get the disease, then certainly I’m going to get it,” Sam Morelli said. AdvertisementA vaccine from pharmaceutical company Moderna is the second in the past week to show a promising effectiveness against COVID-19.But what distribution of a vaccine to Americans will look like once it’s approved by the FDA, is still in the planning stages.“It will require logistics that are unparalleled compared to anything else that we’ve done,” said Dr. Alendaro Perez Trepichio, chief medical officer at Millennium Physician Group in Fort Myers. Advertisement AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments RELATEDTOPICSlast_img read more

SWFL Eagle Cam eggs survive owl attack

first_imgAdvertisementTags: attackowlSWFL Eagle Cam NORTH FORT MYERS, Fla. — Proud eagle parents Harriet and M15 worked in perfect harmony Monday night and kept their eggs safe from an airborne attacker.An owl attacked the SWFL Eagle Cam nest on Monday, Jan. 11. Resident eagle’s Harriet and M15 fought off the owl who was looking to snag one of the eggs.The eagles understand what kind of intruders they are up against and work together to keep the nest secure. The last update on the SWFL Eagle Cam was posted at 2:36 p.m. on Tuesday and said, “A committee perched, possibly a wake of vultures across the road and a kettle soaring.” Florida man attacks person with shopping cart June 16, 2021 Volusia County security guard in critical condition after getting attacked by teen April 1, 2021 AdvertisementTime is ticking down to egg hatching time. Both eggs are estimated to hatch in less than two weeks.CLICK HERE to for a continuous live stream of Harriet and M15’s eagle nest. Angry octopus attacks man while swimming April 5, 2021 SWFL Eagle Cam eaglet preparing for first flight March 29, 2021 RELATEDTOPICS AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 commentsDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 commentslast_img read more

Bristol COVID-19 antibody testing study launched

first_imgBristol COVID-19 antibody testing study launched A study that will enable researchers to understand more about the second wave of COVID-19 and its long-term health effects has been launched today [24 March] by Children of the 90s, a health study based at the University of Bristol.The “COVID-19 antibody testing from the home” study is part of a national study that will bring together data from other longitudinal studies around the UK to track the second wave of COVID-19. The study will also help inform public health policy and provide data to assist the Government in managing the virus.This is the second antibody testing study by Children of the 90s and will help researchers learn more about the impact of the second wave of the virus on the Bristol area, and asymptomatic cases of COVID-19.Nine thousand participants of Children of the 90s, who have previously completed a COVID-19 questionnaire, will be invited to take a COVID-19 antibody test at home, which will be sent to a laboratory to test for SARS-CoV-2 antibodies.The home antibody test kits have been provided by the Department of Health and Social Care.This test is different from the first round of testing carried out last October and participants are being asked to take part even if they have previously had an antibody test or have had a vaccine.The study will help Children of the 90s researchers understand how many participants may have already been infected with the virus which causes COVID-19 and compare this with the information the study team know from symptoms that have previously been reported. This will give researchers a clearer picture of the rate of infection, and also the number of people who may be asymptomatic. Professor Nic Timpson, Children of the 90s’ Principal Investigator, said: “It’s thanks to our participants that researchers have been able to make a valuable contribution to science and the fight against COVID-19. However, there is still much to learn about the virus, and we would like to call on our participants again to take part in this antibody study, even if they have taken one before or have been vaccinated.“By taking part, participants will be contributing to an important national research study that will make a huge difference to our understanding of both the virus and the impact of the pandemic.”The study, together with existing COVID-19 questionnaires, will provide information on the number of people who have antibodies against COVID-19, and identify COVID-19 cases in established longitudinal population studies.Future research will analyse long COVID and the immune response to COVID-19 infection and COVID-19 vaccination, which is currently largely unknown. The research will also look at the impact of the virus on minority ethnic groups along with different socioeconomic groups and occupations. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:antibodies, antibody testing, Department of Health, Government, health, immune response, infection, participants, Professor, public health, public health policy, research, UK, university, University of Bristol, vaccinationlast_img read more

Death of an inmate from Archambault Institution 1 May

first_imgDeath of an inmate from Archambault Institution 1 May From: Correctional Service CanadaOn April 27, 2021, Stéphane Girouard, an inmate from Archambault Institution, died while in our custody of apparent natural causes.On April 27, 2021, Stéphane Girouard, an inmate from Archambault Institution, died while in our custody of apparent natural causes.At the time of his death, Mr. Girouard had been serving a sentence of 3 years, 4 months and 22 days for impaired driving while prohibited since March 5, 2020.The inmate’s next of kin have been notified of his death.As in all cases involving the death of an inmate, Correctional Service Canada (CSC) will review the circumstances.CSC policy requires that the police and the coroner be notified. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Canada, custody, death, Government, policelast_img read more

CMCI developing new student media enterprise for next fall

first_img Published: Dec. 9, 2019 The College of Media, Communication and Information is developing a new student multimedia enterprise set to roll out next fall.On Monday, CMCI Dean Lori Bergen said the enterprise’s primary goal is to offer current and incoming students an academic experience featuring a strong faculty mentorship component to prepare students for an increasingly competitive and evolving media landscape.“We want to establish an innovative student learning laboratory that will, in turn, create an even more vibrant student media presence on campus and in the community,” said Bergen, the college’s founding dean. “The new enterprise, which our students will help us develop this spring, will also create new media products and build revenue streams to support growth.”The college’s decision to move toward a more academic and faculty-led student learning enterprise means its relationship with the CU Independent will evolve, too, allowing the student-led online newspaper to become fully independent by summer.As part of the transition, CMCI will provide the newspaper with funding through the end of May as well as guidance as students explore an independent funding model. CU Independent student editors and writers are being encouraged to participate in the design and development of the new enterprise, and to be a part of it next fall should they choose to do so.“We view the CUI as a strong, independent voice in the evolving ecosystem of student media opportunities that provide learning experiences for our students and excellent news and content to serve the campus, Boulder and beyond,” Bergen said.CMCI students who participate in the new enterprise will become better prepared to work for independent media organizations, including the CU Independent, the dean said.The idea for the new enterprise arose from an assessment on how to enhance student learning, which included the input of alumni, students, faculty and college leaders. Students involved in the new enterprise will receive mentoring from faculty who have worked in local and national media markets, collaborate with working journalists in the Denver area, and cover stories for multiple audiences.Starting in August, the new home for the new student learning laboratory and the existing News Corps will be in the CASE building and will feature a large, open newsroom for news meetings and student-faculty brainstorming and mentoring sessions.“Students and faculty from various college media operations will be able to collaborate in a single location in ways that will benefit everyone,” said Elizabeth Skewes, chair of the college’s journalism department. “We are excited and anticipate exceptional new opportunities for students to learn.”Categories:AcademicsCampus Community Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more