By Megan Thielking May 4, 2021 Reprints STAT+ Conversations: An update from STAT’s Pharmalot Pharmalot Editor’s note: A recording of the conversation is embedded below.Every week, STAT+ subscribers get access to exclusive conversations with biotech, pharma, and health tech leaders. This week STAT news editor Megan Thielking will be joined by STAT’s Pharmalot columnist and senior writer, Ed Silverman for an update from STAT’s Pharmalot campus. They will be discussing topics relating to global access to Covid-19 vaccines, pharma patent fights, the latest on the drug pricing debate, and of course be taking your questions live. Tags drug pricingVaccines Log In | Learn More News Editor @meggophone STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. What is it? GET STARTED Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED [email protected] Megan Thielking Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. About the Author Reprints What’s included?
Pinterest WhatsApp The new ‘Barack Obama-style’ plaza planned for Portlaoise is still awaiting the decision of An Bord Pleanala over whether or not it can proceed.LaoisToday understands that one objection has been lodged with the appeals body after planning permission was initially granted by Laois County Council last year.A source in Supermac’s says that there is no due date yet on when a decision will be made as An Bord Pleanala are currently prioritizing adjudicating on housing matters at present.The source said: “Right now, we are not sure when a decision will be made as An Bord Pleanala are dealing with housing appeals as a priority at present giving the on-going housing crisis.“This is frustrating from our point of view because it means that our project is on hold as a result.”Back in October, Laois County Council granted planning permission to Supermac’s owner Pat McDonagh for the construction of a new service station, similar to the Barack Obama Plaza in Moneygall, just off the motorway at Togher outside Portlaoise.Mr McDonagh, who also owns the hotel group behind the Killeshin Hotel in Portlaoise, lodged plans back in March with Laois County Council for the development of a two-storey service area with shops, a food court and petrol pumps at Junction 17 at the M7 at Togher.The development will include a retail unit, a food court and drive-thru, communal seating area, office, toilet and kitchen facilities, adjacent to Junction 17.The development will also include six filling pumps and improvement works to the existing road network at Togher.If the plaza is built, drivers on the M7 will now have a range of stop-off options in the vicinity including Junction 14 at Monasterervin, the Gandon Inn at Junction 15, the Midway, the Manor Stone Topaz and the Barack Obama Plaza in Moneygall, the latter which is also owned by Mr McDonagh.The owner expects 100 jobs to be created and another 100 will be generated in the construction phase. Yesterday, we revealed that the path was now clear for the Glanbia Cheese Factory to proceed after an objection to An Bord Pleanala was withdrawn. SEE ALSO – Laois GAA chiefs back Doheny O’Moore Park fight bid New Arles road opens but disquiet over who was invited to official opening Community Twitter Previous articleInjury update and ticket prices as Laois hurlers prepare to host All-Ireland championsNext articleMountmellick hospital to undergo construction next year – Stanley Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Twitter WhatsApp Facebook By Alan Hartnett – 6th March 2019 Pinterest Home News One objection remains to new Supermac’s project in Portlaoise News Talking Sport Podcast: County finals galore, international call ups and Mike Henchy interview Laois secondary school announces scholarship winners for new academic year Council TAGSSupermacs RELATED ARTICLESMORE FROM AUTHOR Facebook Podcasts One objection remains to new Supermac’s project in Portlaoise
SEE ALSO – Anticipation builds ahead of annual charity ball in Killenard Inland Fisheries Ireland invite women to ‘Try Fishing’ pilot programme.Fisheries Ireland will be running a number of events to give women in Laois and nationwide the opportunity to try fishing in 2020.Well renowned angler and one of the world’s leading fly casting instructors, Glenda Powell has partnered with Inland Fisheries Ireland to teach the participants around various venues in Ireland from April to September of this year.The aim of the programme is to give women an opportunity to try fishing in a relaxed and supportive environment with other beginners.Each participant will be concentrated on as an individual and the aim is to develop her own personal requirements during the programme to enable learning.The course will be a mixture of spinning and fly fishing to ensure that each participant gets to experience a variety of fishing methods while figuring out what method works best for them.Participants will be encouraged to progress at their own rate of learning while feeling safe in or around water.Each participant will learn a new skill and be in the outdoors and will hopefully develop an interest to continue with the sport.Those wishing to progress to the next level in learning to fish will be encouraged to sign up to future programmes and also to join local angling clubs.Each course will consist of a half-day session either in the morning (9.30am – 1.00pm) or afternoon (2pm – 5.30pm) on Saturdays, dates and locations below:River Blackwater- Cork: April 4, April 18, May 16, May 30.River Moy- Mayo: June 6, June 20, July 18, July 25.River Shannon- Limerick: August 22, August 29, September 5, September 12.Suzanne Campion, Head of Business Development at Inland Fisheries Ireland said: “We are delighted to be able to offer this pilot programme to women as an opportunity to not only learn fishing but have the chance to develop a new skill and past time.“In today’s society, outdoor recreational activities are more important than ever from a health and well-being perspective and in Ireland, we are uniquely placed with the breadth and quality of our fisheries resource which is available to all to enjoy.“We want to give these women a unique opportunity to be able to try out this sport in a relaxed and supportive environment among some of our greatest natural resources here in Ireland.”The programme is open to all women aged 18 and over.Booking is essential as there are a limited number of spaces.If you are interested in taking part or would like more information visit https://www.fisheriesireland.ie/women. WhatsApp Twitter Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival TAGSInland Fisheries Ireland Facebook Electric Picnic Inland Fisheries Ireland call for women in Laois to try fishing WhatsApp Twitter Home Sport Other Sport Inland Fisheries Ireland call for women in Laois to try fishing SportOther Sport Electric Picnic organisers release statement following confirmation of new festival date Pinterest RELATED ARTICLESMORE FROM AUTHOR News By Megan Shiel – 1st March 2020 Pinterest Electric Picnic Facebook Previous articleArchbishop Martin to speak in local school for annual memorial lectureNext articleDeaths in Laois – Sunday, March 1, 2020 Megan ShielMegan is currently studying English and New Media at the University of Limerick. A Raheen native, she’s happiest when talking sport, especially soccer but just don’t mention the 2019 champions league final
TAGSCatherine FitzgeraldDarragh O’BrienhousingJohn Joe FennellyLaois County CouncilSeamus McDonaldStrategic Housing DevelopmentWillie Aird Facebook By Alan Hartnett – 2nd December 2020 Pinterest Electric Picnic organisers release statement following confirmation of new festival date Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival WhatsApp An aerial view of the proposed development at Rathevan in Portlaoise Laois County Councillors have called on the Minister for Housing, Darragh O’Brien, to abolish Strategic Housing Developments (SHD) immediately.Normally applications for planning permission first go to Laois County Council before being granted or refused.But developments of more than 100 no longer go to the council and instead directly to An Bord Pleanala, who then seek submissions from the Local Authority.The change was made during the course of the last Government in a bid to fast-track the building of homes to address the housing crisis.The policy is set to expire at the end of 2021 but Laois Councillors are looking for it to be ended immediately and branded it ‘an attack on democracy’.They made specific reference to a 155 house development in the existing Foxburrow estate in Portlaoise which is located on the Block Road.Councillors and many residents were opposed to the move but were left powerless to prevent it as An Bord Pleanala gave it the green light.The only other avenue for people to appeal such a decision now is to seek a judicial review – but Cllr Willie Aird, who put down the motion, said this is not a financially realistic option.He said: “This policy is wrong. It was brought in to deal with the housing crisis in cities and I don’t believe it was meant for rural areas like Laois.“It undermines the very good planners that we have working in Laois County Council.“We have excellent professionals here and I want all housing applications to be dealt with here.”Cllr Aird received support from fellow Cllrs John Joe Fennelly, Seamus McDonald and Cathaoirleach Catherine Fitzgerald who called it an attack on democracy.She said: “It undermines the right of appeal and attacks democracy.“The policy is supposed to be gone in 2021 and I sincerely hope that it is.”It was agreed to contact Minister O’Brien on this.SEE ALSO – Laois soccer club and special school to benefit from lease of County Council land Previous articleFence needs be erected following ‘serious incidents’ involving deer on busy Laois roadNext articleFree Saturday parking in Laois’s main towns – and new public toilets set to open in Portlaoise Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. WhatsApp Twitter Electric Picnic RELATED ARTICLESMORE FROM AUTHOR Laois County Councillors call for ‘Strategic Housing Developments’ to be abolished Electric Picnic Facebook Twitter Home News Council Laois County Councillors call for ‘Strategic Housing Developments’ to be abolished NewsCouncil Pinterest Electric Picnic Electric Picnic apply to Laois County Council for new date for this year’s festival
Share this article and your comments with peers on social media Related news James Langton Thematic funds thrived during pandemic, but watch long-term performance: report A change in U.S. accounting rules will result in roughly US$1 trillion in reported debt being added to corporate balance sheets, according to new report Moody’s Investors Service. In a report published on Friday, the New York City-based credit rating agency says that the U.S. Financial Accounting Standards Board’s (FASB) new accounting standard that requires companies to recognize operating leases on the balance sheet will increase reported debt by about US$1 trillion for the companies it rates. Lease debt will increase by over 50% in some sectors, the Moody’s report says. Most affected will be the retail business, restaurants, and airlines. The apparel, telecom & cable and energy sectors, will also be “materially affected” by the change, the report says. “It’s important to emphasize that these accounting changes do not reflect a change to the actual economics of a transaction,” says Kevyn Dillow, vice president, senior accounting analyst at Moody’s. Moody’s does not expect any rating changes as a result of the new accounting rule, as it has “long considered the impact lease obligations have on debt capacity,” the report says. Nor does the credit rating agency plan to change its approach for analyzing the impact of operating leases. “It is too early to tell whether adoption of the new lease accounting standard will lead us to reassess our approach. Until companies disclose in detail the effect of adopting this standard, the magnitude of these differences will not be clear,” says Dillow. Keywords Investment research Do investors understand their fees, portfolios? Canadian DB plans returned 9.2% in 2020: report Facebook LinkedIn Twitter
David Hodges OSC names members of Seniors Expert Advisory Committee Share this article and your comments with peers on social media Elder abuse expert Lynn McDonald routinely fields calls concerning financial exploitation, but none more dramatic than a recent incident involving a woman in Saskatchewan who was nearly bankrupted by one of her own adult children as she underwent hip replacement surgery. “The daughter convinced the mother to sign over everything to her while she was sick in hospital and then she’d get it back after she came out,” says McDonald, director of the Institute for Human Development, Life Course and Aging at the University of Toronto. “But she sold the mother’s house right under her, and took all her possessions. When the discharge went through, the mother came out of hospital with nothing but a pension.” McDonald says 2.6% of Canada’s growing population of residents 55 years of age and older are financially abused, making it the second most common form of elder abuse. With the spotlight on elder abuse awareness throughout June, she says it’s critical for seniors to understand how to protect themselves from financial abuse given that the majority of cases will involve people who are close to them. Laura Watts, a Toronto lawyer who focuses on elder law issues, says the prototypical “unsuccessful son in the basement” accounts for about 75% of elder financial abuse cases perpetrated by family members. “Often this person may have some type of dependency or some kind of alcohol problem or failure to launch,” she says. “They’ll start isolating the mom or older person and start cutting off social relationships.” It’s at that point that the adult child may pressure their elderly parent to sign a power of attorney or put assets into joint accounts. While Watts notes that lots of people will have good experiences with such financial arrangements, that doesn’t mean they should automatically select one of their children when they’re going through a planning process. “There’s a lot that goes into it and you could be asking that person to make decisions for you for up to 20 or 30 years,” she says. “If you’re a person, for instance, that’s 70 years old who gets dementia and cognitive impairment you may live until 90 or 95, so it could be a very long-term job.” Picking someone with budgeting acumen and who isn’t in financial stress themselves is critical. “You should always pick someone who doesn’t need money,” Watts says. “It’s very easy to slide your hand into that cookie jar.” Financial arrangements can also be made at arm’s length through a trust company, which can provide additional access to services including tax preparation, investment management, banking services and more. “That makes things very safe,” Watts says. “They will take a percentage, which is small, but what you’re buying is comfort and safety that something would be done to a fiduciary standard.” Older people who already have financial arrangements in place with a family member or acquaintance should also be vigilant for red flags such as new bills suddenly being paid or an inordinate or unusual number of financial transactions, says Leanne Kaufman, head of RBC estate and trust services. “Watch for changes in financial spending patterns or the types of places where money is spent,” she says. “Also bear in mind that this doesn’t just affect the ultra-wealthy. Everyone who is potentially vulnerable to elder abuse is potentially at risk for financial abuse.” Ontario introduces home improvement tax credit for seniors for 2021 How to avoid abuse by PoAs for property Keywords Seniors, Financial abuse Facebook LinkedIn Twitter Related news
Facebook LinkedIn Twitter Share this article and your comments with peers on social media Fitch Ratings has affirmed its ratings on Scotiabank Peru S.A.A., following the news that the bank plans to take a controlling stake in retail and banking company Cencosud Peru.Earlier this week, Scotia announced that it has an agreement to acquire 51% of Cencosud, in a deal that it will make it the second-largest credit card issuer in the local market, while also building Scotia’s presence in Peru generally. James Langton Companies Fitch Ratings, Bank of Nova Scotia feelart/123RF Also readScotiabank takes 51% controlling interest in Peru’s Banco CencosudToday, Fitch said it views the acquisition as part of the bank’s strategy to “penetrate in the fastest-growing and more profitable retail segments, and is not expected to have any material negative impact on the bank’s company profile or asset quality.”The rating agency also said that it expects that Scotiabank Peru’s capitalization will remain above its peers’ average and under its conservative internal limits. It also expects the bank to maintain adequate asset-quality ratios and strong profitability.
Keywords Self-regulatory organizations, Discount brokeragesCompanies Investment Industry Regulatory Organization of Canada Retail trading surge on regulators’ radar, Vingoe says Prohibiting discount brokerages from providing trading services to a registered dealer would help ensure that registered dealers “do not have the ability to use marketplace access channels where they are not subject to the full set of IIROC rules when conducting dealer-type activity on a marketplace,” the notice states.By introducing advisor identifiers, IIROC aims to improve its surveillance capability and help it better detect “unusual orders and trading patterns.”Comments on the proposed amendments should be delivered to IIROC by Oct. 24. The Investment Industry Regulatory Organization (IIROC) is requesting comment on proposed amendments to its minimum requirements for investment dealers that provide order execution only services (OES dealers, a.k.a. discount brokerages).The proposed amendments would prevent a registered dealer from using discount brokerages to trade; and require OES dealers to identify registered advisors and foreign advisor equivalents with control over a discount brokerage account, IIROC says in a notice published July 26. When does poor service become a regulatory issue for online brokerages? IE Staff Share this article and your comments with peers on social media bakhtiarzein/123RF IIROC drops expanded OBSI reporting proposal Related news Facebook LinkedIn Twitter
highwaystarz/123RF James Langton “This finding is significant,” the firm said, because traditional retirement planning assumes that retirees want to maintain a certain standard of living or level of spending.In fact, the firm said that the data indicates that “retirees tend to adjust their spending to match their income so that they can avoid drawing down their assets.”Notably, the analysis found that retirees choose to adjust their spending on non-discretionary items, such as food and shelter, to match their guaranteed income from sources such as Social Security and pensions, “challenging the conventional notion that these expenses are truly fixed.”The firm said that its findings suggest that retirement planning should focus on products and services that are consistent with the observed behaviour of retirees.“Understanding how retirees spend is crucial to aligning retirement income solutions,” said Sudipto Banerjee, vice president, retirement thought leadership at T. Rowe Price, in a release. “Plan sponsors and financial professionals need to understand the motivations behind retiree spending in order to provide optimal retirement income solutions.” Related news Share this article and your comments with peers on social media Rising costs weigh on some Canadians during Covid-19: poll Facebook LinkedIn Twitter Mature single women are wealthier than mature single men, StatsCan finds New research from U.S. asset management giant T. Rowe Price finds that, contrary to conventional planning assumptions, retirees actually tend to reduce their spending to match their income and preserve their assets.The firm published a white paper based on data from the University of Michigan’s Health and Retirement Study, which found that retiree spending declines annually by 2%. Keywords Retirement income, Retirement, Financial planningCompanies T. Rowe Price (Canada) Most Canadians aren’t planning for long-term care costs: survey
Orange makes secure cloud pact for French market AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 07 SEP 2015 Español FranceOrangeStephane Richard Author Orange CEO Stephane Richard believes consolidation in France could be back on the cards in 2016 after the sale of new 4G frequencies in the country.Speaking to French daily newspaper Les Echos, Richard said “today, consolidation is not on the agenda but it will perhaps reappear next year”.Cable-to-mobile disruptor Altice last attempted to reduce the highly competitive market to three players, but had a €10 billion bid to acquire rival Bouygues Telecom rejected in June.Along with Bouygues Telecom and SFR Numericable, Orange also competes with Iliad’s Free.The country now plans to auction frequencies in the 700MHz band to boost 4G coverage in the country, presently used for broadcasting, before the end of this year.Richard noted that “consolidation has gotten under way in all major European countries except France”.“We are the country where operators have the lowest margins in Europe.”Cross border consolidationRichard, who is a known supporter of a European single telecoms market, also suggested that national tie-ups could eventually lead to cross border consolidation.“When the prospect of the single market becomes clear, operators will come into motion and Orange will aim to play a role in this consolidation,” he added.Speaking of the domestic market, Richard said Orange was now focusing more on promotions, rather than cutting prices, as it had done when Free first entered the market.Free’s 2012 entry into the market has seen the country’s largest players be embroiled in an intense price war for some time.“At Orange, we don’t plan to take part in this one-upmanship,” he is quoted as saying. “We are proving that we can win customers in the fixed and mobile space without massacring prices.”According to GSMA Intelligence, Orange has more than 27 million total connections in France, making it the country’s largest player. SFR-Numericable is its closest competitor, with more than 23 million connections. Home Orange CEO earmarks 2016 for French consolidation Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Related Kavit Majithia Las grandes operadoras europeas ponen condiciones a las RAN abiertas Tags Orange Ventures injects €30M into new fund Previous ArticleDatabox raises $3.3M to expand product and teamNext ArticleAsia Briefs: China pushes ‘3-network convergence’ plan, Telstra to expand access in remote areas & more