Shadow MPC doves reverse pro-QE stance

first_img whatsapp whatsapp Tags: NULL KCS-content STRONG third-quarter GDP growth has persuaded a majority of City A.M.’s shadow Monetary Policy Committee (MPC) that rates should be kept on hold this month, with further quantitative easing (QE) staved off for now.The Bank of England MPC will meet today to decide whether to resume QE or raise interest rates from 0.5 per cent against the backdrop of the US Federal Reserve’s decision to restart the printing presses.Our shadow MPC has shifted its view from the three-way split recorded in September and October. Last month, both Capital Economics’ Vicky Redwood and Lloyds’ Trevor Williams voted for a cautious expansion in QE, with Redwood declaring: “The time has come to launch QE.”But both economists have rowed back from that position, attributing their revised opinions to the UK’s surprisingly strong GDP growth figure for the third quarter. The Office for National Statistics’ preliminary estimate of the UK’s growth came in at 0.8 per cent versus consensus of 0.4 per cent, in part due to unexpectedly strong construction sector growth.With the consumer price index for September at 3.1 per cent, the additional concern of above-target inflation makes QE unpalatable for the majority of our shadow MPC.Both City A.M.’s Allister Heath and Henderson’s Simon Ward have retained their hawkish stance to raise rates 25 and 50 basis points respectively. Heath’s position has hardened due to recent global PMI surveys exceeding expectations while Ward remains concerned that “a coming inflation spike threatens to de-stabilise inflationary expectations unless the Bank acts”.Ward’s anxiety about inflation echoes that of Andrew Sentance, the lone hawk on the MPC who has been voting for a 25-basis point rise in interest rates since June. Last month saw the first three-way split at the Bank, with Adam Posen breaking ranks to vote in favour of restarting QE. The shadow MPC’s decision comes as the US Federal Reserve announced that it would resume its asset-buying programme by purchasing $75bn’s (£46.6bn) worth of treasuries every month until next June for a total of a further $600bn of QE.The MPC’s minutes, to be published in three weeks, will provide a breakdown of the Bank’s decision.ALLISTER HEATH | CITY A.M.“Even more so than during the last few months, I am convinced rates must go up immediately by a quarter point. The economy is growing reasonably well, the PMIs are up and the velocity of money has risen.”SIMON WARD | HENDERSONRaise the rate to one per cent. A coming inflation spike could de-stabilise expectations unless the Bank acts. Monetary conditions remain loose: officials are misreading the data by ignoring a trend shift in velocity.GEORGE BUCKLEY | DEUTSCHE BANK“With growth stronger than expected and inflation still above target, further QE seems unwarranted at present. Equally, the outlook remains uncertain enough to suggest against higher rates right now.”VICKY REDWOOD | CAPITAL ECONOMICS“Real GDP growth and inflation are stronger than they expected and long-term inflation expectations are rising. If the Bank expands QE, markets will assume the inflation target is being downgraded.”vicky redwood | capital economics“Given the stronger tone of the activity data over the past few weeks, a no-change decision – but with a bias towards more loosening should the recovery lose more momentum – seems sensible.”TREVOR WILLIAMS | LLOYDS TSB“The Bank is walking a tightrope and should ask for the funds to do further QE, but only when economic conditions warrant it. In the meantime, rates should remain on hold.”HOWARD ARCHER | IHS GLOBAL INSIGHT“I have a neutral stance – hold on QE and interest rates. The latest data and surveys have pointed to surprisingly resilient economic activity but there remains a significant risk of a marked slowdown in activity.”JAMIE DANNHAUSER | LOMBARD STREET RESEARCH“There should be no change this month. The initial third-quarter GDP figures confirm that the recovery has not petered out. More QE may be needed next year – but at this stage this looks unlikely.”GRAEME LEACH | IOD“Our view is that the second and third-quarter bounce will level off, leading to a square root-shaped cycle. Money supply growth is too weak to be confident of a sustained recovery without further QE.” Show Comments ▼ Shadow MPC doves reverse pro-QE stance Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDirect HealthyKate Silverton’s PartnerDirect HealthyUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo Wednesday 3 November 2010 9:19 pm Sharelast_img read more

UKFI warns on bank splits

first_imgThursday 27 January 2011 9:06 pm Tags: NULL UKFI warns on bank splits KCS-content whatsapp Share Show Comments ▼ whatsapp THE manager of the government’s stake in RBS and Lloyds defended the structure of the UK’s biggest banks, hitting back at advocates of splitting them into retail and investment arms yesterday. Sir David Cooksey, chairman of UK Financial Investments, which administers the government’s shares in the lenders, argued that breaking up banks would destroy their value.In the latest salvo in the debate over whether big universal banks should be split up to make them safer, Cooksey said trying to separate banks’ retail and investment banking arms would lead to “a diminution in value” at the institutions.“We’ve looked at the dramatic separation option. It’s difficult to know the full implications, but it would clearly be negative for value,” he told the parliamentary Treasury Select Committee.The Independent Commission on Banking is taking evidence on how to reform UK banks to ensure none are too big to fail in a future crisis. It has proposed forcing institutions to hive off their trading divisions to safeguard the low-risk deposit-taking retail businesses. UKFI chief executive Robin Budenberg said the nationalised banks must be allowed to pay bonuses to stay competitive in the battle for top staff. “We understand that it is very difficult to justify the sort of bonuses that are paid at these banks,” he said. “But if we want to sell these shares, we have to make sure the banks are able to retain the talent.” Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

Bamburi Cement Limited (BAMB.ke) HY2006 Interim Report

first_imgBamburi Cement Limited (BAMB.ke) listed on the Nairobi Securities Exchange under the Building & Associated sector has released it’s 2006 interim results for the half year.For more information about Bamburi Cement Limited (BAMB.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Bamburi Cement Limited (BAMB.ke) company page on AfricanFinancials.Document: Bamburi Cement Limited (BAMB.ke)  2006 interim results for the half year.Company ProfileBamburi Cement Limited manufactures and sells cement and cement products for the building sector in Kenya and Uganda. The company exports its products to Reunion, Uganda and Mayotle. Brands in its retail range include Powermax, Powercrete, Nguvu, Supaset, Multipurpose, Powerplus and Roadcem. Pre-cast concrete paving blocks sell under the BamburiBlox name. The company also supplies precast molded cement products used for drainage, edge constraints, fencing and walling and ready-mix cement. Bamburi Cement Limited offers its service to rehabilitate quarries and owns and maintains a nature and environmental park developed from a rehabilitated quarry. The company was founded in 1951 and has its head office in Nairobi, Kenya. Bamburi Cement Limited is a subsidiary of Lafarge Holcim Limited (SA). Bamburi Cement Limited is listed on the Nairobi Securities Exchangelast_img read more

Mike Brown savours Slam success but sets sights on Wallaby rendezvous

first_img There are two sides to Mike Brown. The public image is intense, heart on sleeve, in-your-face buccaneering England full-back, with the moniker Mr Angry. Yet away from the madding crowd, Mike Brown cuts an altogether more relaxed mien. Away from the camera lens, he’s at ease; laughing and joking with his England colleagues and putting in the time to coach a glut of starry-eyed youngsters at the Harlequins’ training base in Guildford.With the Grand Slam still fresh in the memory, the worry lines etched on his brow from England’s World Cup despair are absent and on a sunny day in the Surrey Hills, he has the look of a man happy with his lot in life.Minutes after clinching the Grand Slam, Brown was captured embracing his father in the throng of the cavernous Stade de France. It was win that had acted as catharsis from the trauma of the autumn. “You’re right”, he smiles. “It was a special, emotional evening to finally do it. We were only the 13th England side to win it in over 130-odd years and to be honest we were fed up of finishing second. There’s now no doubt we’re the number one team in Europe and to be able to say that is amazing, a testament to all the hard work we’ve put in.”Putting it back in: Mike Brown passes on his sage advice to up and coming playersThe turnaround from the dark days against Wales and latterly Australia, when sections of the crowd booed the team are tangible, and it speaks volumes for Eddie Jones’ restorative powers that England didn’t carry any emotional scars during the tournament.When probed on the reasons for the turnaround, Brown, who was appointed vice-captain, along with Owen Farrell and Billy Vunipola, points at Eddie Jones’ refocusing on the fundamentals of England traditional strengths, namely a strong set-piece, physical dominance and fusing it with a pressing, offensive game. “We probably showed that expansive side in two of our five games but more important was not taking a backward step, and exerting pressure on the opposition.”There were other tweaks too. Where the House of Lancaster was said to be stifling as the World Cup approached, Eddie Jones, a veteran Test coach of Australia, South Africa and Japan, has set a more relaxed tone. “Off the field Eddie invested in the social side a bit more, or as Mako Vunipola said ‘burgers and beers’. Eddie is an astute man.”On the burst: Mike Brown makes a break against Wales in the Six NationsWhile Jones, who plays the wily Aussie larrakin perfectly, throwing out grenades at will, he knows when to unwind, he also knows when to ramp it up and Brown says the players are in doubt of his edge. “Eddie is hard when he needs to be. He challenges you physically and mentally to get better around camp. He knows how to build up team spirit with a team like England who don’t get to see each other enough before tournaments.”There were other moments of ingenuity from Jones in Brown’s eyes; bringing in Wallaby snaffler-supreme George Smith and England icon Jonny Wilkinson. “That was a genius move. George is still at the top of his game and having Jonny’s presence around the camp was incredible. He’s still got it, I can tell you that.” The France game was a milestone for Brown personally. He became the most capped England full-back of all time, passing Matt Perry on 36 caps (of Brown’s 48 caps, 11 have come on the wing), but it’s not something he’s be dwelling on. “Someone mentioned that milestone but I’m not one for looking back. I’ll pat myself on the back when we’ve won a World Cup. I still have so much to achieve. It’s about the team goals, not just picking up caps.”End of the road: England will face Australia this summer after World Cup heartacheBrown’s impatience is shared by his coach, as within an hour of winning England’s first Grand Slam since 2003, Eddie Jones was courting the press about the need for the Slam to be the stepping stone for England; a start not an end, with a Series win in Australia next on the list. “It’s about time someone was bullish about us. It gives us confidence that he believes in us enough to talk us up in public. He can be a tough and challenging but he’s a proven winner.”In June, England will be running out at the hostile amphitheatres of Brisbane, Melbourne and Sydney, with hot-steppers Israel Folau, Kurtley Beale and Tevita Kuridrani expected to fend with but Jones’ boys, but Brown swats away talk of the Wallabies threats, instead focusing inwards. “What will stop us is what we do”, he says pointedly. “If we let them play their game, they’ll win, simple as that. They deserved to win the World Cup game. End of. They were fantastic but if we play like we can, we will cause them problems. We will go Down Under as Europe’s best and the next step is taking on the World’s No 2 team on their own patch.”Heavy traffic: Harlequins need to perform to secure a vital top six Premiership placingFor now, Brown has domestic matters to attend to, with a tricky win over London Irish chalked off in the Challenge Cup meaning silverware is still on offer and a top six spot in the Premiership to secure with Quins still duking it out with Sale Sharks, after a season which has left Brown less than impressed. “We haven’t done it this year. It’s been a disappointing if we’re honest. We’ve not been good enough which is why we are where we are. We’re still in with a chance in the Challenge Cup but we know we have to win every game in the league – we don’t want to finish 8th again!”With that, it’s back out onto the paddock to shape young minds. The battles for world supremacy can wait.Mike Brown was speaking at the adidas Rugby Insiders ‘Better Player’ event. For more info or to take part in future events www.adidasrugbyinsiders.co.uk or follow @adidasUK #rugbyinsiders LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS After securing a first England Slam in 13 years, MIke Brown says England’s next target must be regularly going toe-to-toe with the best, with world No 2 Australia in his sights For the latest Rugby World subscription offers, click here.last_img read more

Tyler Residence / El Dorado

first_img Houses Save this picture!© Mike Sinclair + 21 Share 2010 “COPY” CopyHouses•Leawood, United States United States “COPY” Photographs:  Mike Sinclair Text description provided by the architects. Leawood, Kansas, is a typical mid-ring suburb characterized by modest, well-built homes, a leafy hardwood tree canopy and good public schools that make it an attractive location for young families. Current trends (economic downturn notwithstanding) lean towards tearing down existing homes (arguably historical, with most homes in this part of Leawood having been built in the early 1940’s) and maximizing new designs to allowable build lines and volumes.Save this picture!© Mike Sinclair Recommended ProductsDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemDoorsLonghiDoor – HeadlineWoodLunawoodThermo Timber and Industrial ThermowoodWoodStructureCraftEngineering – Architectural & FreeformThe Tylers challenged us to add a playroom, a bedroom and storage to their existing home without modifying the volume and footprint. We identified two locations where space could be better utilized – unused space above the garage and a small, north end attic adjacent to an existing children’s bedroom. Maintaining the overall form and character of the existing house was required by local architectural review board regulations. Ironic. More importantly, the regulations became a useful constraint in developing a complimentary contemporary aesthetic of expansive glazing and subtle detailing.Save this picture!© Mike Sinclair Project gallerySee allShow lessMAXXI Joins Young Architects ProgramArticlesBracket [on farming]Articles Share Tyler Residence / El DoradoSave this projectSaveTyler Residence / El Dorado Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/99000/tyler-residence-el-dorado Clipboard Area:  625 m² Year Completion year of this architecture project Architects: El Dorado Area Area of this architecture project ArchDaily Tyler Residence / El Dorado Projects Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/99000/tyler-residence-el-dorado Clipboard CopyAbout this officeEl DoradoOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesLeawoodHousesUnited StatesPublished on December 25, 2010Cite: “Tyler Residence / El Dorado” 25 Dec 2010. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisMill Finished Copper: Nordic StandardWindowsMitrexSolar WindowAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesBulbs / SpotsCocowebLighting – Compact Gallery White TracklightConcreteKrytonCrystalline Waterproofing – KIMSealantsEffisusCrossing Perforations on RoofsWall / Ceiling LightsLouis PoulsenLamp – LP RiplsTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea CosmosWood Boards / HPL PanelsInvestwoodValchromat Panels for Interior DesignWindowspanoramah!®ah! MotorisationHingesSaliceHinges – PactaDrawers / Filing Cabinets / ShelvesBeneStorage Partition – PORTS StorageMore products »Read commentsSave想阅读文章的中文版本吗?Tyler 住宅 / el dorado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

Improving Economy Bumps Up Mortgage Rates

first_img Servicers Navigate the Post-Pandemic World 2 days ago Bankrate Fixed-Rate Mortgage Freddie Mac Mortgage Rates 2014-06-12 Tory Barringer Home / Daily Dose / Improving Economy Bumps Up Mortgage Rates in Daily Dose, Featured, Headlines, Market Studies, News Subscribe Sign up for DS News Daily Improving Economy Bumps Up Mortgage Rates The Best Markets For Residential Property Investors 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Signs of an improving economy boosted fixed mortgage rates this week, market reports show.According to Freddie Mac, the average rate on a 30-year fixed-rate mortgage (FRM) was 4.20 percent (0.6 point) for the week ending June 12, an increase of 6 basis points from last week’s report. Last year, the 30-year FRM hovered just below 4.0 percent.The 15-year FRM averaged 3.31 percent (0.5 point), up from 3.23 percent in the last report.The increases followed last week’s release of the May jobs report, which showed payrolls performing more or less as expected.”Mortgage rates continued to climb for the second week in a row following the increase in 10-year Treasury yields,” said Frank Nothaft, chief economist at Freddie Mac. “Also, the economy added 217,000 thousand jobs in May, following a 282,000 surge in April and a 203,000 increase in March. Meanwhile, the unemployment rate in May held steady at 6.3 percent.”In adjustable-rate mortgages (ARMs): The 5-year Treasury-indexed hybrid ARM climbed 12 points this week to 3.05 percent (0.4 point), while the 1-year ARM remained flat at 2.40 percent (0.4 point).Reporting its own national survey results, Bankrate.com pinned the 30-year fixed at 4.34 percent and the 15-year fixed at 3.43 percent, both up 2 basis points from last week. The 5/1 ARM moved up slightly more, climbing 6 points to 3.37 percent.With a week left to go before the Federal Reserve’s next policy meeting, 86 percent of experts surveyed by Bankrate expect rates will remain essentially flat in the coming days. Only two weeks ago, long-term fixed rates stood at their lowest in more than half a year.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Previous: Southwestern Pennsylvania Home Market Heating Up Next: Survey: Economists Trim Forecast for Housing Starts The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Bankrate Fixed-Rate Mortgage Freddie Mac Mortgage Rates June 12, 2014 974 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Public meeting to discuss mental health stigma

first_img Pinterest Google+ Facebook Public meeting to discuss mental health stigma WhatsApp Facebook Pinterest Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton The Minister for Disability and Mental Health will this evening address a public meeting this (Monday) evening about mental health stigma and what can be done to reduce it.John Moloney along with representatives from ‘See Change’ will address the meeting taking place in the Balor Arts Theatre, Ballybofey from 8 o’clock.See Change is Ireland’s national programme to reduce stigma and challenge discrimination associated with mental health problems.Tonight’s event is hosted by the county council’s Donegal Community Forum – it’s Chair is Paula Leonard:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/10/paula.mp3[/podcast] WhatsApp Twittercenter_img Previous articleCouncillor claims government ignores local authority motionsNext articleBoston trip approved by council after adjournment News Highland By News Highland – October 11, 2010 Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+ Three factors driving Donegal housing market – Robinson NPHET ‘positive’ on easing restrictions – Donnelly Newsx Adverts RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH last_img read more

Unfinished housing estate residents face losing water supply

first_img Unfinished housing estate residents face losing water supply News WhatsApp Google+ RELATED ARTICLESMORE FROM AUTHOR Google+ Pinterest WhatsApp By News Highland – December 3, 2012 Further drop in people receiving PUP in Donegal Facebook 365 additional cases of Covid-19 in Republic center_img Pinterest Another unfinished housing estate in Donegal is facing losing its water supply due to an unpaid electricity bill.Airtricity says it is forced to charge the residents of the estate as it can no longer pursue the contractor who built the estate and installed the pump.The residents say they are caught in a catch 22 situation as the contractor is not finishing the estate and it can’t be taken over by the council until it is up to a certain level of completion.Speaking on the Shaun Doherty Show, ‘Marie ‘said they don’t know what to do:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/12/wat530ESTATE.mp3[/podcast] Facebook Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Gardai continue to investigate Kilmacrennan fire Main Evening News, Sport and Obituaries Tuesday May 25th Twitter 75 positive cases of Covid confirmed in North Previous articleDisability Awareness Week underwayNext articleGardai and the PSNI launch joint road safety campaign News Highland last_img read more

Trash collection issue causing stink

first_img Sponsored Content Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Plans underway for historic Pike County celebration Book Nook to reopen Pike County Sheriff’s Office offering community child ID kits Remember America’s heroes on Memorial Day Next Up“They skip days and even an entire week. Animals get in the garbage and throw it everywhere. We call Advanced Disposal and the lady is very nice and says the truck will be out, but it doesn’t come.”The regular day for pickup on Barnett’s road is Friday, as of Wednesday the garbage was still in the can, she said.Attempts to reach Advanced Disposal on Wednesday were unsuccessful. Email the author Troy falls to No. 13 Clemson When garbage piles up, it’s time to cause a stink.And Marna Barnett said it looks like county residents are going to have to cause a stink to get Advanced Disposal to alleviate the problem with garbage pickup in the county.“We have called Advanced Disposal and called again and again with complaints,” said Barnett who lives on County Road 6639. “We put out the garbage on the day of pickup and it’s too often not picked up that day or the next or the next. We keep leaving the garbage can at the road hoping the truck will run.center_img Print Article By Jaine Treadwell You Might Like Stolen 4-wheeler recovered The Pike County Sheriff’s Office made two arrests Tuesday and recovered $2,500 worth of property that had been stolen four… read more Latest Stories By The Penny Hoarder Sanders said the county’s solid waste collection contract was originally with Arrow Disposal but Advanced Disposal took over the contract about six years ago.“When complaints come in, we encourage the customers to call Advanced Disposal because the contract is with them,” Sanders said. “But, the County Commission wants to do its part and step in and be an advocate for the people. Right now the situation is overwhelming. We don’t know why these problems with pickup exist.“Weather conditions have an effect on when routes can be run. We had extreme weather conditions this year –snow, ice and too much rain – that I’m sure altered the way the garbage was collected. But weather shouldn’t be factor now.”Sanders said he and Homer Wright, commission chairman, will work with the commission to make sure the people are getting proper service.“We’ll do everything in our power to make it happen, whatever the measure,” he said.The Pike County Commission does not receive any revenue from Advanced Disposal.“They are contracted to serve the people and the customers pay them directly,” Sanders said. “There are few garbage disposal companies large enough to handle widespread areas like Pike County.”The Pike County Commission discontinued its efforts to provide countywide solid waste collection service in 2003,“When I came to the commission in 2002, the county was in serious financial trouble, with a $1 million deficit in the general fund,” Sanders said. “That was due mainly to continuing to sink money in a losing solid waste program. The expenses were much greater than the money coming in and a decision was made to contract the solid waste disposal out.“The County Commission has no financial interest in the service. However, we will be an advocate for the people,” Sanders said. Trash collection issue causing stink “Something turned over my neighbors’ garbage can Tuesday and they had to go and pick it all up,” she said. “If they hadn’t, it would have been all up and down the road. We pay for pickup and we have to do the picking up.”Barnett said the customers have to pay the garbage fee whether the garbage is picked up or not.“If it’s not picked up, we shouldn’t have to pay, but we do,” she said.” The situation is bad and something has got to be done.”Harry Sanders, Pike County administrator, said the Pike County Commission office recently has received numerous complaints about garbage collection in the county. Published 10:47 pm Wednesday, June 18, 2014last_img read more

Tongue twisters

first_imgTongue twistersOn 1 May 2000 in Personnel Today Comments are closed. Related posts:No related photos. Englishmay be the dominant language of international trade, but Britain may soon bestirred out of its complacency. Alison Thomas anticipates the findings of amajor new inquiry into Britain’s indifference to linguisticsAftertrying for years to encourage more Britons to learn their language, the Germanshave finally thrown in the towel.On5 April North Rhine-Westphalia announced that English is to be introduced tothe curriculum from the age of six, and other states are expected to followsuit. This is just one of countless similar initiatives worldwide as countriesrespond to the inexorable advance of English as the dominant language ofinternational trade.On10 May, the Nuffield Languages Inquiry is expected to publish its conclusionsbased on two years of extensive research into the UK’s capability in languages andits predicted needs over the next 20 years.Underthe joint chairmanship of broadcaster Sir Trevor McDonald and Sir John Boyd,master of Churchill College, Cambridge, a panel of 12 educationalists andbusiness leaders has sifted through evidence submitted by hundreds ofindividuals and organisations. Inaddition the team has met with ministers and senior officials and conductedinterviews with employers across the UK.Thepicture it paints is unlikely to be a rosy one. But does it really matter whenother nations are going to such lengths to improve their command of English?AlanMoys, secretary of the inquiry and former director of the Centre forInformation on Language Teaching and Research (CILT), believes that it mattersa great deal.“Ourfindings reveal that when export companies audit their language needs anddevelop a coherent language and cultural strategy their performance improves,”he says. “This confirms research conducted by the DTI over the years.”NegotiatingHughMorgan Williams, chairman of audio equipment company Canford Group and one ofthe panel members, agrees. “A sales representative may well be able to useEnglish when negotiating a contract,” he says. “But what about the people whooperate that contract – how linguistically competent are they? “Takethe case of Airbus, which translates 20,000 pages of technical information intothe language of the buying company whenever it sells a plane. Or Procter andGamble, which this year will recruit 70 multilingual accountants for its internationalbusiness centre in Newcastle-upon-Tyne. Whoever would have thought thataccountancy needed a language qualification?”Theseare just two of a growing number of companies no longer prepared to make dowith a monolingual workforce. Faced with a dearth of suitably qualifiedapplicants at home, they are filling vacancies with recruits from abroad, whocan switch from one language to another with ease.Thesingle market makes this approach viable and solves the problem in the shortterm. But it has ominous long-term implications for the job mobility ofotherwise well-educated British professionals.Asglobalisation takes hold, traditional British attitudes are changing. A recentNOP survey showed 86 per cent of respondents believed having knowledge of a languageis useful, and the inquiry picked up evidence to suggest young professionalsare increasingly aware of the disadvantages of remaining monolingual.Thisis borne out by the growing demand for university language courses to supportother disciplines, although provision is patchy and quality unreliable. And itis the only glimmer of light in an otherwise bleak educational scenario.“Themessages we received from people in business contain little reference to the specificsof training, which is generally of good quality,” says Moys. “What does concernthem is the failure of the education system to deliver what they need. At themoment there are notable hiccups and gaps which have a devastating effect onthe language competence of young people going into employment.”Theproblems are numerous and deep-seated. British children only start a languageat the age of 10 or 11. Most study only one, and nine out of 10 drop languagesaltogether at the age of 16. Inrecent years a sharp decline in the number of A-level language students has ledto dwindling numbers of specialists in higher education, which in turn iscreating difficulties in teacher recruitment.“Manyof our recommendations will be aimed at securing a stronger, more evenly spreadlanguage capability among young people emerging from education,” says Moys.“This has implications for world of training. One of the central objectives ofschool education as defined by the National Curriculum is to prepare young peoplefor further language learning in adult life. At present, this is nothappening.”CrisisMorganWilliams puts it more strongly. “Languages are in a state of crisis,” he says.“We wouldn’t expect someone from college to be able to operate our software –it’s our job to train them. But we expect them to know how to use a keyboard. “Theanalogy holds true for languages. If the education system provides the buildingblocks, we can add the technical, job-specific training.”Asbusiness leaders slowly wake up to the seriousness of the situation, what canthey do to further their cause?“Theycan bang the drum,” he says. “Impress upon young people that having a languagemakes them more employable. They can also encourage best practice, sponsorscholarships and reward language students financially. “Aboveall, they must keep telling the Government that this is an important issue thatwon’t go away.”Althoughthe team is not giving much away before publication, it makes no secret of thefact that it will recommend a fundamental rethink to ensure a coherent andcontinuous pathway from primary through to higher education.MorganWilliams says, “It is not a question of short-term solutions but analysingwhere we need to be by 2020 and working out how to get there.”Thiswill require cohesive, co-ordinated policies from the Government, a message ittook on board last year when it instigated an inter-departmental committee ofministers and senior officials to debate language issues. Time will tell if itis prepared to carry the principle through. Previous Article Next Articlelast_img read more