CSC engages South Bend youth

first_imgThree years ago, Naomi Penney, former president of the Neighborhood Research Corporation (NRC) in South Bend, developed an idea that hopefully would engage youths in community building and neighborhood development. Her idea has since come to life in the form of the Engaging Youths, Engaging Neighborhoods Project (EYEN), which allows middle school and high school students to examine their neighborhoods through the lens of photography. The NRC collaborated with Notre Dame’s Center for Social Concerns to create the project, specifically working with Maria McKenna, assistant professional specialist with Notre Dame’s Institute for Educational Initiatives; Stuart Greene, English professor and fellow with the Institute for Educational Initiatives and Kevin Burke, assistant professional specialist with the Alliance for Catholic Education. “The goals were twofold: one, to have youth voices heard in community planning and development and two, to engender a sense of agency in youth that would sustain them into adulthood,” McKenna said.  The program particularly seeks to empower children from low-income families and youth of color in the South Bend area, Burke said.  “One of the ways we think about empowering youth was, what if we asked them to tell us a story of their neighborhoods in photos?” Burke said. “What would you change and what do you think is a real asset to the community?”   McKenna said EYEN has worked with three groups of young people in the past two years. “Each of the three groups … have presented a unique photo exhibit of their work and also prepared proposals for community change projects in their various neighborhoods,” McKenna said. Their second project was in collaboration with the Robinson Community Learning Center, a youth center in South Bend frequented by many Notre Dame student volunteers. McKenna, Greene and Burke said youths think about their neighborhoods in a broader sense than do adults, and have thus greatly informed both the project and the neighborhoods with their research and experience. “They see things that adults might not see,” Greene said. “They see assets in parks and safe spaces, even the homeless center, that adults might not see because those are places that draw people together.” Greene saidTthe leaders of the project listened to the children when they suggested something new for the future of EYEN. “[For the next project] we didn’t take on another neighborhood,” Greene said. “We took on youth from these [past] projects and created a youth leadership group … that was a brainchild of this one student in the third project.” According to the Center for Social Concerns website, the Youth Council and Leadership Summit took place this past Augustt expandind the already existing goals of the EYEN. “The idea is to bring youth together … to get kids to think about what they bring, what are their assets and how can they use their collective assets … to see the strengths of the city of South Bend but also then look to where we could improve things,” Greene said. When asked about the future of the project, Greene said the leaders want to see EYEN become self-sustaining. “We would like youth to come to the point now that as they become older, they’ll be in the position to mentor young people, and that will be a really nice perpetuating cycle of youth working with youth to change the city and have a strong enough voice,” Greene said. For those who find the EYEN intriguing, Greene and McKenna plan to teach a Community Based Learning class in the spring of 2014 that will work with the youths of this project. Contact Emma Bone at eborne@nd.edulast_img read more

Daniel Radcliffe Returning to Broadway in Martin McDonagh’s The Cripple of Inishmaan This Spring

first_imgFour-time Broadway.com Audience Choice Award winner Daniel Radcliffe is heading back to the Great White Way! Tony winner Michael Grandage’s critically-acclaimed West End production of Martin McDonagh’s The Cripple of Inishmaan, starring Radcliffe in the title role, is coming to Broadway’s Cort Theatre with the entire London cast. The production will play a strictly limited engagement April 12 through July 20. Opening night is set for April 20. The eligibility cut-off date for Tony nominations is April 24. Set on the remote island of Inishmaan off the west coast of Ireland, word arrives that a Hollywood film is being made on the neighboring island of Inishmore. The one person who wants to be in the film more than anybody is young Cripple Billy (Radcliffe), if only to break away from the bitter tedium of his daily life. Show Closed This production ended its run on July 20, 2014 Daniel Radcliffe Radcliffe made his Broadway debut in Peter Shaffer’s Equus and returned to Broadway in 2011 for How to Succeed in Business Without Really Trying. Since completing the final installment in the series of eight Harry Potter films, Radcliffe has continued to prove himself a diverse performer by starring in the films Kill Your Darlings and The Woman in Black. Related Shows The Cripple of Inishmaan comes to Broadway following its sold out run last summer at the West End’s Noel Coward Theatre, where it was part of an award-winning season of five plays produced by the Michael Grandage Company. The production marks the Broadway premiere for McDonagh’s heralded play, and the first Broadway transfer from the Michael Grandage Company. The Cort Theatre is currently playing host to Waiting For Godot and No Man’s Land through March 30.center_img In addition to Radcliffe, The Cripple of Inishmaan will feature Ingrid Craigie (Kate Osborne), Pádraic Delaney (Babbybobby), Sarah Greene (Helen McCormick), Gillian Hanna (Eileen Osborne), Gary Lilburn (Doctor), Conor MacNeill (Bartley McCormick), Pat Shortt (Johnnypateenmike) and June Watson (Mammy). View Comments The Cripple of Inishmaan Star Files The production will feature scenic and costume design by Tony winner Christopher Oram, lighting design by Tony winner Paule Constable and sound designe by Alex Baranowski.last_img read more

Michigan’s Clean Energy Goals Less Ambitious Than Reported

first_img FacebookTwitterLinkedInEmailPrint分享Andy Balaskovitz for Midwest Energy News:Michigan Gov. Rick Snyder’s statewide 30 percent clean energy goal by 2025 wouldn’t necessarily expand renewable energy at all — a realization that was slow to reach the public, according to emails released earlier this month in relation to the Flint water crisis.As first reported by ClimateWire last week, a policy brief prepared for the governor’s office suggests that the media had been misreporting Snyder’s energy plan by saying a 30 percent clean energy goal could be met with a combination of renewables and energy efficiency.“If asked: the media has finally figured out that the 30% goal by 2025 language from your energy message that made it into legislation doesn’t actually involve building any more renewables,” according to the email.Full article: Flint emails shed light on Michigan governor’s energy strategy Michigan’s Clean Energy Goals Less Ambitious Than Reportedlast_img read more

May 1, 2002 Letters

first_img Advanced Funding The article in the April 1 News headlined “Board sets out advance funding guidelines” addresses Professional Ethics Opinion 00-3, which was approved by Bar Board of Governors on March 15. The opinion purports to afford “guidance” concerning the provision of nonrecourse advance funding and other financial assistance to personal injury claimants. The opinion refers to the Supreme Court of Florida’s decision in The Florida Bar Re Amendment to the Rules Regulating The Florida Bar- Rule 4-1.8(e), 635 So. 2d 968 (Fla S.Ct. Case No. 81,527, April 21, 1994). In that decision, the court, at the urging of the Bar, rejected my petition (endorsed by 49 other members of The Florida Bar) to amend Rule 4-1.8(e). The court’s opinion did not set out the text of my proposed amendment to that rule, which was as follows:“A lawyer should not provide financial assistance to a client in connection with pending or contemplated litigation, except that: (1) A lawyer may advance court costs and expenses of litigation, the repayment of which may be contingent on the outcome of the matter; (2) A lawyer representing an indigent client may pay court costs and expenses of litigation on behalf of the client; and (3) A lawyer representing a claimant for personal injury damages may serve as a trustee for his or her client only upon compliance with the following procedures and conditions:(A) In consideration of the client’s receipt of the proceeds of a loan from a lender which is subject to the provisions of Chapter 516, Florida Statutes, the client executes and delivers to the lender an interest-bearing promissory note;(B) In addition to the execution and delivery to the lender of an interest-bearing promissory note, the client executes a written trust declaration naming his or her lawyer as trustee for the lender’s benefit;(C) The lawyer signs the trust declaration, thereby accepting responsibility for repayment to the lender of the principal amount of the loan and accrued interest solely out of the proceeds of the client’s claim for personal injury damages;(D) The lawyer receives nothing of value, from any source, for his or her service as trustee;(E) The lawyer advances none of his or her funds, either directly or indirectly, to the lender;(F) The ownership and management of the lender is completely independent of the lawyer;(G) In assuming the duties of trustee for the lender’s benefit, the lawyer complies with Rule 4-1.8(a). Rules Regulating The Florida Bar; and(H) The lawyer renders no evaluations or recommendations to the lender concerning the merits of his or her claim.”I invite the members of The Florida Bar to compare the “guidance” provided by the opinion with my proposed amendment to Rule 4-1.8(e). Lawrence R. Metsch Miami Public Perception Recently hundreds of thousands of Floridians saw a Sunday St. Petersburg Times front-page headline story about how a few South Florida lawyers are traveling around the state filing Americans with Disabilities Act lawsuits against small businesses without warning and collecting cash settlements. The businesses pay because they can’t afford to fight them, and there is little concern by the attorneys whether the supposed violations were ever fixed.Meanwhile, nearly every Florida family that loses a loved one meets an attorney who demands a percentage of the entire estate, plus an hourly fee, to file a few papers which confirm the passing of assets.Then there are the class action lawsuit notices we all receive in the mail in which consumers get cents-off coupons for buying more products from the offenders while the attorneys collect millions in fees.Does anyone in The Florida Bar really think that giving each other pro bono awards or running “Dignity in Law” publicity ads will accomplish anything when these are the kinds of experiences people have with the legal system? A legal system that transfers millions of dollars to attorneys but little to anyone else is corrupt. We can’t possibly improve the public perception of the legal profession.The perception that the system is corrupt is correct. To improve the image of lawyers, we need to change the legal system itself.Here are some modest proposals to improve the image of lawyers by reforming the legal system:• Create an ethical rule that 90 percent of all attorney fees paid in class action and ADA-type litigation be paid to the Florida Bar Foundation to provide legal services to the poor. (This couldn’t possibly deter such suits since we know so many lawyers are civic-minded.)• Require that 80 percent of all punitive damages be paid to the court system for judicial salaries and infrastructure. Plaintiffs are already paid their complete actual damages. Punitives, as a penalty, should benefit society, not one party.• Change the Florida Probate Rules to allow all uncontested estates to be settled by the heirs without attorneys.There are many other changes like this that would improve not just the image of lawyers, but our entire legal system. The Bar should stop fooling itself with worthless gestures. Mark Warda Clearwater Billing I suspect we all have our “keeper” drawer where we collect particularly interesting writings.In mine, for example, is the “.. . morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive. . . ” Cardozo quote from Meinhardt v. Salmon, 249 N.Y. 458, 464, and the quote from Flagship Nat. Bank of Miami v. King, 418 So. 2d 275, 278, “Since the object of judicial decision-making in general is likewise to reach results which conform to the requirements of common sense and reasonableness,. . . ” which I use to argue my client’s position when I can’t find any authority in my favor. The drawer contains an unpublished “Survey of [Probate] Fees” (1981) prepared by Judge Harold Clark, a renowned, now-deceased probate judge from Duval County, and the 1969 Broward County Bar Association Minimum Fee Schedule.I have added a copy of Alan Greer’s article, “Billing: Our profession’s not-so-hidden shame” (April 1 News ) to be similarly preserved in my personal “time capsule.” This article deserves your attention.Alan’s observations about the 2,000-2,500 hour annual billing requirements, and the dilemma of dishonesty it imposes on associates (and partners) are on target. This is indeed our profession’s “not-so-hidden shame.”Most of us ascribe to the statement, “Most lawyers, like most people, are honest.” Honest lawyers have financial requirements we believe are reasonable; however, the honest way to meet those requirements is by honestly billing the clients for the services performed.I don’t believe that a “dishonest” bill necessarily “overbills” the client for the services performed; but it does misrepresent the scope of the services. If the amount of the bill is truly reasonable for the services furnished (otherwise it is larcenous and ethics is not an issue), the ethical solution is for the firm to be honest and brave and simply raise its rates to a level where the associates, partners, and firm can honestly report the actual professional time expended on the client’s behalf. (Insurance defense lawyers take note.) Bill to reflect reality rather than fantasy.This places the firm in a dilemma. Will judges award the higher rates for honest time; will clients migrate to firms which dishonestly bill away from firms which honestly bill, even if the bottom line of both bills is the same? Those two potential problems will go away if the good, top-line firms make the decision to begin reality billing.I practice with two of my sons. When they came to work as associates, I compensated them for the first two years based on the amount of hours they billed at a direct rate per billable hour. There was not a minimum billing requirement. This taught them the direct relationship between working and being financially rewarded on the one hand, and how to balance the value of their obligations to their family (and my grandchildren), on the other. However, “padding” the time was never permitted.Another way to be dishonest with a client is to provide less-than-quality legal services even if it is charged at lower prices.Another of my “keeper drawer-time capsule” items is an article entitled “Long After the Price is Forgotten — Quality is What Lingers in Clients’ Minds” written by James E. Brill, an insightful Texas lawyer, and published in the September 1992 ABA Journal. This is another article which deserves your attention.Jim tells the allegory of a client-grocer who sold bananas at 30 cents per pound. He began to take out the bruised bananas and put the culls on a separate table, identifying them as “seconds,” and priced them at 10 cents per pound. His customers began complaining about the quality of the seconds and when a customer complained, the grocer replaced the seconds with the premium product, but still sold it at the seconds price. When he found he was losing money on each sale, he still culled the seconds but discarded them and only sold the premium product at the premium price and his customers stopped complaining. The message was that “The quality is remembered long after the price is forgotten.”Mr. Brill tells us that this also applies to the practice of law. He observes “Michelangelo could have used a roller on the Sistine Chapel, but the world would have been shortchanged if he had.”Following the Brill lead, in my firm, we provide our clients with a statement of our firm’s philosophy. It is entitled “Dedicated to Excellence.” In part, it says, “If you have arrived in this office with your most important consideration in your legal representation being its cost, then you have accidentally wandered into the wrong office. We do not mean to suggest that we are unconcerned with the cost to our clients of the legal services we provide. It is, in our view, the third most important consideration.” We go on to explain that the first two are quality of service and personal attention to the client.In those matters we bill on professional time expended, our hourly rates are higher than most of our competitors. However, we make absolutely certain that the client gets an accurate count of the hours and receives the premium bananas.It is not necessary to sacrifice professionalism to profit, or vice versa. Thanks for your article, Alan. Rohan Kelley Ft. Lauderdale First Amendment I write in response to the April 15 letter in the News from the chair of the Public Interest Law Section’s First Amendment Law Committee criticizing an earlier writer who objected to a Bar seminar that she felt was oriented to educating the adult entertainment industry. He characterized her opinion as “a moralistic, knee-jerk reaction. . . uncharacteristic of educated members” of the Bar. He urged that “[a]s lawyers, our mission is not to judge the content of expression, but to advocate for the right of expression.”I disagree with his suggestion that lawyers should not judge the content of expression. When we took the Oath of Admission to The Florida Bar, we did not lay aside our personal moral and ethical beliefs. As lawyers we remain individuals, and every day we judge the content of our own expression and censor our thoughts and speech. On occasion when we fail to do so (in court or elsewhere), we may suffer the consequences for that lapse. Personally, and as lawyers, we may also choose to urge as acceptable those standards of expression that do not press the boundaries of the “controversial, even despicable speech.” In fact I hope that collectively we are all striving for a higher level of civility in our professional and personal relationships.The chair closed his criticism of the writer by finding it “ironic that her opinion suggests a position that is tantamount to censorship.” I find the greater irony in a defender of First Amendment expression resorting to condemnation of an opposing viewpoint by applying labels like “moralistic,” “knee-jerk,” and uneducated in order to denigrate an individual who was simply expressing her obviously heartfelt opinion. Steven C. Hartsell Ft. Myers May 1, 2002 Letters May 1, 2002 Regular Newslast_img read more

The numbers are in: How and where members spent during Black Friday weekend

first_imgLike most consumers, credit union members are increasingly shifting to online channels to shop for the holidays.That’s according to an analysis of CO-OP credit union members’ credit and debit card purchases from Thanksgiving Day through Cyber Monday. 27.5 percent of all credit card purchases came from digital channels. That’s a more than 2-point increase as compared 2017’s 25 percent. Debit transactions that came from digital channels similarly increased by 2.2 percentage points (from 14.8 percent to 16.6 percent).Our findings were in close alignment with a November 24 report by Adobe Analytics, which found that this year’s Black Friday was the first day in history to see more than $2 billion in sales from smartphones. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Trump’s Election Fraud Claims Make No Headway on Legal Cases

first_imgNo state was seeing more legal activity than Pennsylvania, where the Trump campaign and local Republicans had brought at least a half-dozen lawsuits immediately before and after Election Day.The case that had the potential to affect the most votes was the one filed at the Supreme Court on Friday seeking an order that would force election officials in Pennsylvania to separate mailed ballots that arrived after Election Day from other mailed ballots. In its emergency application, the party acknowledged that the secretary of state’s office had already ordered election officials to do so but said it had no way to know if they had complied. But even if the court were to take the case and rule in favor of the Republicans to wipe out all of the ballots in question — votes from mail ballots have overwhelmingly gone to Mr. Biden — it would not affect the current vote totals, which do not include the ballots that came in after Election Day. By early Friday evening, Mr. Biden had a lead of about 17,000 votes in Pennsylvania.Other suits in Pennsylvania sought to knock out votes that were the result of a decision by Secretary of State Kathy Boockvar to allow county officials to give voters a chance to fix mistakes in their rejected mail-in ballots or to cast provisional votes instead.A federal judge dismissed one of those cases on Friday, in Montgomery County outside Philadelphia, two days after implying during a hearing that he viewed the effort as a move to disenfranchise voters who were following state instructions.But even if that case had succeeded, it would have affected only 93 votes. Similarly, in Michigan, a judge dismissed a Republican suit challenging the vote count in the state, noting the counting was already effectively over and dismissing some of the evidence as based on hearsay.Frustrated supporters of the president like the talk radio host Mark Levin called on Republican legislatures in states including Pennsylvania to use their constitutional authority to send a pro-Trump delegation of electors to the Electoral College regardless of the popular vote. Their lack of progress in stopping the count or making a persuasive case for large-scale ballot fraud left Mr. Trump and his team increasingly reliant for political salvation on recounts — which appeared likely to take place in Georgia, Nevada, Arizona and Wisconsin but which rarely result in big swings in vote counts.The Trump effort may be getting a boost from state legislatures in Pennsylvania and Wisconsin, which are both controlled by Republicans. In Wisconsin, Robin Vos, the speaker of the State Assembly, directed a legislative committee to “use its investigatory powers” to conduct a review of the election, again raising the specter of voter fraud without offering specific evidence.In Pennsylvania, the two top Republicans in the legislature called on Gov. Tom Wolf, a Democrat, to conduct “an immediate audit” of the election. Asked during a news briefing on Friday if state Republicans would do so, the majority leader of the Pennsylvania senate, Jake Corman, replied, “We want to stay in the tradition that the popular vote winner wins the election.”Even if the state Republicans could make such a move legally — the legislature “cannot simply ignore the popular vote,” said Attorney General Josh Shapiro of Pennsylvania — it was an extreme example of the lengths to which some Trump supporters seem willing to go.In several states Mr. Trump was challenging state voting rules, effectively seeking to nullify votes cast in accordance with official guidelines.Republicans in Nevada asked the Justice Department late Thursday to open an investigation into voter fraud involving 3,000 ballots, a move Democrats said was based on “entirely fabricated” claims.The Justice Department declined to address the matter publicly, but its guidelines generally preclude opening criminal investigations into election-related matters until results are completed.Local Republicans included the allegation in a suit they filed in federal court seeking a change in the way Clark County, Nev., is conducting its count. A judge dismissed the case on Friday evening, when the vote count showed a 22,000-ballot lead for Mr. Biden.Michael S. Schmidt, Katie Benner and Adam Liptak contributed reporting. On Friday evening, Justice Samuel A. Alito Jr. agreed to the request. But the move was almost entirely for show: Pennsylvania is already segregating those ballots, counting them separately and not including them in the announced vote totals. The secretary of state, over the objections of Republicans and Mr. Trump, has said they can be counted if they arrived by 5 p.m. on Friday, in line with a state court ruling that the Supreme Court has left open the possibility of reviewing again. A state official said the ballots in question number in the thousands but not tens of thousands. – Advertisement – At the same time, allies of the president openly suggested an extreme move: to use baseless allegations of Democratic malfeasance to pressure Republican-controlled state legislatures in key states to send pro-Trump electors to the Electoral College regardless of the results of the popular vote. Officials with the Biden campaign said they would meet every legal challenge Mr. Trump brought but said they were confident that none of the cases they had seen so far seemed likely to loosen Mr. Biden’s tightening grasp on the presidency.“The Republican legal claims are utterly baseless and have failed and will continue to fail in the courts,’’ said Bob Bauer, a senior adviser to the Biden campaign. “They serve no purpose other than to echo Donald Trump’s discredited and shameful attack on the democratic process.”In a statement, the Republican Party’s chief counsel, Justin Riemer, said, “We are focused on protecting the integrity of the vote and ensuring all legally cast ballots are counted,” but he was not made available for further comment on the particulars of the party’s legal strategy.The intensive Trump effort was the endgame of a long-planned contingency in which the president planned to challenge any possible loss through claims that the voting system was “rigged” against him. The campaign has been abetted by a robust pro-Trump media ecosystem, with Mr. Trump’s own social media accounts at its center, amplifying his false claims.As the legal push has failed to make substantial headway this week it has taken on an urgent, at times desperate, tone. President Trump’s bellicose pledge to fight the outcome of the election in the courts crashed on Friday into skeptical judges, daunting Electoral College math and a lack of evidence for his claims of fraud.On a day that began with vote tallies in Georgia and Pennsylvania tipping in Joseph R. Biden Jr.’s favor, Mr. Trump’s campaign declared, “This election is not over,” as the Republican National Committee announced it had activated “legal challenge teams” in Arizona, Georgia, Michigan and Pennsylvania. And the Trump forces named a new general to lead the effort, the hardened conservative political combatant David Bossie.- Advertisement – But none of the dozen or so lawsuits they had brought in battleground states appeared to be gaining any traction in the courts. And in any case, none seemed likely to give Mr. Trump the edge he would need in vote counts in the states that will determine the outcome.In seeking to foment widespread doubt about the legitimacy of the election, Mr. Trump and his surrogates seemed less focused on substantive legal arguments that could hold up in court than on bolstering the president’s political narrative, unsupported by the facts, that he was somehow being robbed of a second term. Updated Nov. 7, 2020, 7:20 a.m. ET The former Republican Speaker of the House, Newt Gingrich, echoed the president’s son on Fox News, calling for the jailing of poll workers and more involvement from Attorney General William P. Barr.But in the days since the election, Mr. Barr and the Justice Department have been largely silent. After initially echoing Mr. Trump’s warnings about electoral fraud, Mr. Barr muted his statements, and Mr. Trump complained to aides about the department’s lack of action.But a supportive outside group, True the Vote — one of the most prominent promoters of the false narrative that “voter fraud” is rampant in the United States — sought to help Mr. Trump build his cases. On Friday, it announced it had formed a $1 million “Whistleblower Defense Fund” to “incentivize” witnesses to step forward with charges of malfeasance. Republicans have been unsuccessfully fighting the secretary of state’s decision to allow election officials in Pennsylvania to count mail-in ballots that arrived at their offices by Friday as long as they had postmarks from Election Day or before. The Supreme Court had twice passed up opportunities to rule on the dispute, though the case is still technically pending, giving the justices the opportunity to weigh in if they saw reason to do so. On Thursday, Eric Trump, one of the president’s sons, said on Twitter, “I truly hope the @FBI/@DOJ engages immediately.” The most high-profile step of the day came when Pennsylvania Republicans asked the U.S. Supreme Court to step in and require election officials in the state to segregate ballots that arrived after Election Day and not to include them for now in the vote totals in the largest and most critical of the swing states.- Advertisement – – Advertisement –last_img read more

Sharp decline in bad debt pushes up Bank Permata’s profit

first_imgThe bank also demonstrated continued asset quality improvement amid global and domestic economic challenges throughout 2019, as seen in a decline in the nonperforming loan (NPL) ratio to 2.8 percent in December 2019 from 4.4 percent a year earlier.The publicly listed bank noted that the improvement of the ratio was a result of the restructuring of nonperforming loans, loan write-offs and loan settlements.“Our efforts to maintain healthy asset quality, cost-efficient operations, a healthy NPL ratio and innovation, particularly through digitalization, have been the keys to success in achieving the bank’s 2019 revenue targets,” the bank’s president director, Ridha D. M. Wirakusumah, said in a statement.The lender’s profitability also showed an improvement, as reflected in its net interest margin (NIM), which grew to 4.4 percent by the end of the fourth quarter of 2019 from 4.2 percent in September 2019 and from 4.1 percent in December 2018.In its technological efforts, the bank highlighted strategic collaboration with fintech firms and notable achievements in digital banking through API Banking, PermataMobile X, PermataBank.com and its new all-digital model branch, Ridha said.Thailand-based Bangkok Bank agreed in December 2019 to assume control of Bank Permata for around US$2.67 billion by acquiring a stake of 89.12 percent from British financial giant Standard Chartered and Indonesian diversified conglomerate PT Astra International.Shares in Bank Permata, traded on the Indonesia Stock Exchange under the code BNLI, closed at Rp 1,215 on Wednesday, unchanged from the previous trading day. (ydp)Topics : Bank Permata has seen its profit grow more than 66 percent in 2019 thanks partly to a significant decline in its nonperforming loans.Bank Permata financial director Lea Kusumawijaya said in Jakarta on Wednesday that the lender’s net profit rose by 66.5 percent to Rp 1.5 trillion (US$109.73 million) in 2019, despite the challenging economic situation during the year.The increase in profit was supported by a sharp decline in the provision for bad debt, as well as by a 5.6 percent increase in net interest income (NII) and a 24.3 percent rise in fee-based income, Lea said.last_img read more

Chelsea target Gosens to replace Alonso

first_imgChelsea are reportedly interested in Atalanta defender Robin Gosens this month as a replacement for Marcos Alonso. Loading… According to the Express, the Blues are plotting a £20million swoop for the 25-year-old left-back.Advertisement Promoted ContentThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreThe 10 Best Secondary Education Systems In The WorldWorld’s Most Delicious Foods8 Weird Facts About Coffee That Will Surprise You2020 Tattoo Trends: Here’s What You’ll See This YearSuperhero Castings That People Hated But Were AmazingBest & Worst Celebrity Endorsed Games Ever Made9 Facts You Should Know Before Getting A Tattoo11 Most Immersive Game To Play On Your Table Top6 Interesting Ways To Make Money With A DroneWho Is The Most Powerful Woman On Earth?10 Hyper-Realistic 3D Street Art By Odeith Read Also:Cavani’s parents reveal preferred club despite Chelsea interest Alonso has been deemed as surplus to requirements and is free to leave Stamford Bridge. FacebookTwitterWhatsAppEmail分享 last_img read more

Rodwell eyes return

first_imgManchester City midfielder Jack Rodwell hopes to be back from his latest injury setback by the end of the month. The highly-rated Rodwell joined the champions in a £12million deal from Everton last summer but his City career is yet to take off. His initial performances were indifferent and he then had a short spell out with a groin injury before being struck by more hamstring trouble in October. Rodwell’s early years at Goodison Park were also plagued by hamstring injuries. He has since worked hard on his fitness and made a number of lifestyle changes to try to eradicate the recurring problem. He insists he is not disheartened by this latest setback. He said: “I was more upset for our physio department who have been fantastic and have helped me feel stronger than ever before. We’ve had a discussion and we all agree that the best course of action is to continue what we were doing before because it worked so well. “This is an injury that can strike at any time to anyone and I’m sure it is something that I’ll be rid of before too long, but it’s an ongoing process and something that can’t be rushed.” Manager Roberto Mancini is likely to update on the fitness of two key players before the end of the week. Captain Vincent Kompany has missed the last seven games with calf problems while striker Sergio Aguero’s knee injury has sidelined him for two matches. Mancini said last week he hoped both would be back in contention for this Saturday’s trip to Everton. Rodwell pulled up with the latest in a long line of hamstring problems in the first half of last week’s Barclays Premier League win at Aston Villa. The 22-year-old had been making just his second start since returning from a three-month lay-off in January. Rodwell told the club’s website, www.mcfc.co.uk: “Obviously you don’t want to tempt fate but I’m not looking at this as a lengthy absence and I hope to be back in a couple of weeks. Hopefully I can play my part in the run-in and help us win some silverware and end what has been a frustrating season on a high.” center_img Press Associationlast_img read more

Hughes targets further signings

first_imgStoke boss Mark Hughes is hopeful of adding more new players to his squad before the end of the current transfer window. Hughes recently admitted his interest in Norwich’s England Under-21 winger Nathan Redmond, and speaking on Friday at his pre-match press conference to preview the Villa clash, he said: “We are still hopeful on a number of fronts. “We just have to bide our time. I think a lot of things are dictated by people other than ourselves, so you just have to wait for the process to run its course and we’ll see where we are at the end of it.” A new arrival getting Stoke fans particularly excited is Bojan, the Spanish forward who has joined on a four-year deal from Barcelona. The 23-year-old also has a stint with Roma and loan spells at both AC Milan and Ajax on his CV. And he has made a positive impression already for his new club, scoring three goals in pre-season friendlies. “The fans have had a little bit of a taster – they have seen him in pre-season and he has done very well,” Hughes said of Bojan. “He is a talented boy. I think everyone can see the level of ability he has. “He has scored some great goals, so that’s whetted everybody’s appetite. “I do think we have to understand he is coming into a new league. “We saw a similar situation with Marko Arnautovic last year and it took him until New Year to really get to grips with what was required – then, once he did, he had an impact. “We might have to be patient and bide our time with Bojan, although given the level of his ability, you sense that very quickly he’ll come to terms with what is required and he will be a real impact player for us. “He is used to winning and playing in big games. “I’ve seen enough in pre-season to see we have an exceptionally talented young player. He is only 23 and to bring him to the club is a real coup for us.” Summer signings Joe Cole, Philippe Senderos, Kieran Richardson and Aly Cissokho could all make their competitive debuts for Villa. Boss Paul Lambert will check the condition of both Cole (thigh) and World Cup semi-finalist Ron Vlaar ahead of the match but is optimistic the pair will be able to feature, while long-term absentee Jores Okore is in contention for his first competitive appearance since September having recovered from a serious knee problem. There could also be comebacks for Charles N’Zogbia, out for all of last season with an Achilles injury, as well as Alan Hutton and Darren Bent, who have previously been exiled from the Villa first team and out on loan. Christian Benteke (Achilles) and Libor Kozak (broken leg) remain sidelined. It has been a summer of uncertainty in many ways for Villa, particularly with the club still owned at this point by Randy Lerner despite his announcement in May that he was intending to sell. Nonetheless, Lambert is adamant the midlands outfit are “really healthy”. “This is a fantastic club, and the state of the club is what it is,” the manager said when asked about the situation with Lerner. “The club is in a really healthy place. “The main thing for me is to get the team going and improving a lot on what we did last year. “As I have said before, the last two years have not been good enough. We have to aim a lot higher than that. As a group, everybody, we have to do better.” Hughes has declared himself “very pleased” with the business he has done so far, which has seen him recruit Bojan Krkic, Mame Biram Diouf, Steve Sidwell, Phil Bardsley and Dionatan Teixeira – all of whom could all make their competitive Potters debuts in the club’s Barclays Premier League opener against Aston Villa on Saturday. But the Welsh manager, already with a fully fit group to select from for the match at the Britannia Stadium, is keen to keep bringing bodies in. Press Associationlast_img read more