Stanbic Uganda Holdings Limited (SBU.ug) HY2020 Interim Report

first_imgStanbic Bank Uganda Limited (SBU.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2020 interim results for the half year.For more information about Stanbic Bank Uganda Limited reports, abridged reports, interim earnings results and earnings presentations visit the Stanbic Bank Uganda Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for Stanbic Bank Uganda Limited (SBU.ug) in the past 12 months, as of 4th May 2021, is US$2.11M (UGX7.79B). An average of US$175.98K (UGX649.23M) per month.Stanbic Bank Uganda Limited Interim Results for the Half Year DocumentCompany ProfileStanbic Bank Uganda Limited is a leading financial institution in Uganda offering banking products and services to the retail, commercial and corporate segments. Its product offering ranges from savings, fixed deposits and call accounts to term loans, mortgage lending products and vehicle and equipment finance. The commercial division offers investment banking services ranging from corporate finance, debt primary market, securitisation and equity capital to exchange control advisory, credit trading, equity derivatives and interest rate trading and lending. Stanbic Bank Uganda Limited targets the oil and gas, power and infrastructure, public, consumer and financial institution sectors in Uganda. The company has an extensive network of branches, ATMs and customer service centres. Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited. Stanbic Bank Uganda Limited is listed on the Uganda Securities Exchangelast_img read more

ASH House / I.R.A.

first_imgArchDaily Houses “COPY” 2010 Projects CopyAbout this officeI.R.A.OfficeFollowProductsGlassSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesJapanPublished on August 27, 2012Cite: “ASH House / I.R.A.” 27 Aug 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – Metropol ClassicVinyl Walls3MVinyl Finish- DI-NOC™ Glass FinishPartitionsSkyfoldWhere to Increase Flexibility in SchoolsMetal PanelsDri-DesignMetal Panels – Painted AluminumStonesCosentinoDekton® Surfaces – Chicago 444Exterior DeckingLunawoodThermowood DeckingWoodBruagAcoustic Panels with LEDWindowsOTTOSTUMM | MOGSWindow Systems – CPXPanels / Prefabricated AssembliesULMA Architectural SolutionsHexapent Facade PanelDoorsRabel Aluminium SystemsMinimal Folding Door System – Rabel 3710 Super ThermalWall / Ceiling LightsLuminisCeiling Surface Lights – HollowcoreBenches / TablesUrbaStyleConcrete Bench – BoomerangMore products »Read commentsSave想阅读文章的中文版本吗?ASH 住宅 / I.R.A.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 stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/266205/ash-house-i-r-a Clipboard Year:  ASH House / I.R.A.Save this projectSaveASH House / I.R.A. CopyHouses•Japan “COPY” Text description provided by the architects. A site is a city area in Asahikawa-shi, Hokkaido, Japan.Save this picture!Courtesy of I.R.A.Recommended ProductsDoorsECLISSESliding Pocket Door – ECLISSE LuceDoorsSolarluxBi-Folding Doors – EcolineDoorsVEKADoors – VEKAMOTION 82Enclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWhen considering the house built on the heavy snowfall background of the arctic cold which will be midwinter-20 ℃, we paid our attention to “snow” and a “roof.”Save this picture!Courtesy of I.R.A.Although the proposal with various roof forms of a snowy country residence is made, generally, only equipment and cost are considered and it is hardly related to the “space” in which people live.Save this picture!Courtesy of I.R.A.Then, we proposed the house of the roof displeased extremely.Save this picture!Courtesy of I.R.A.By considering it as a 60-degree steep slope roof, various snow damage and snowy load are mitigable only with the natural snow coverage to the ground.Save this picture!Courtesy of I.R.A.The form produced as the result makes comfortable interior space. And I thought that a building continues being built in the figure carried out valiantly without being clothed in snowy clothes.Save this picture!PlansProject gallerySee allShow lessVideo: Time Lapse of Ron Arad’s 720 Degrees InstallationArticlesTokyo Fashion Museum Proposal / MUS ArchitectsArticles Share Architects: International Royal Architecture Year Completion year of this architecture project ASH House / I.R.A. Japan ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/266205/ash-house-i-r-a Clipboard Save this picture!Courtesy of I.R.A.+ 16 Sharelast_img read more

Funding Central introduces charges after Cabinet Office funding ceases

first_img Melanie May | 2 June 2016 | News  34 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 Tagged with: Funding Funding Central introduces charges after Cabinet Office funding ceases Funding Central has announced that it is to start charging after the Cabinet Office ceased its funding on 31 March this year.The Cabinet Office had funded NCVO’s Funding Central for seven years. Funding Central will now introduce an annual subscription, continuing to be free for smaller organisations and providing low cost access to larger organisations and individual users.From 15th June, users will need to subscribe to gain access to Funding Central’s resources and to continue receiving its weekly newsletter.There are three annual subscription bands:• Free access for organisations with an income under £100,000 pa• £100 + VAT for organisations with an income over £100,000 pa• £50 + VAT for individual users without an organisationAn organisational subscription includes unlimited logins, allowing anyone from that organisation to create accounts. Users can now log into their accounts and choose their subscription to start on 15 June.More information is available on the Funding Central website.  33 total views,  1 views todaycenter_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Advertisementlast_img read more

French judge dismisses French journalist’s complaint against Israeli military

first_img RSF_en “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says Organisation June 2, 2021 Find out more Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU Receive email alerts FranceEurope – Central Asia Follow the news on France June 8, 2011 – Updated on January 20, 2016 French judge dismisses French journalist’s complaint against Israeli military Reporters Without Borders is appalled to learn that a French judge has dismissed French journalist Jacques-Marie Bourget’s complaint against the Israeli authorities on the grounds that the lack of Israeli cooperation prevented him from pursuing the investigation. The former Paris-Match correspondent in Ramallah, Bourget was seriously injured while covering the Second Intifada in October 2000. He sustained a gunshot injury that was operated on locally after the Israeli military refused to transfer him. He was subsequently repatriated to France with great difficulty and hospitalized there. French doctors consider him to be 45 per cent permanently disabled.Forensic examination of the bullet that was withdrawn from his lung on 29 June 2001 established that it was Israeli-made and had been fired from an M-16 assault rifle, a gun widely used by the Israel Defence Forces. This finding supported Bourget’s claim that Israeli soldiers had deliberately fired on him, as did the murder of his interpreter, Abdel Hamid Khorti, a few days after his repatriation. Witnesses also said the shot was fired from Ramallah’s City Inn Hotel, where Israeli soldiers had taken up positions.Bourget filed a complaint in France in early 2002 accusing the IDF of “attempted homicide,” but it was only on 7 September 2005 that a French judge, Michèle Ghanassia, activated the investigation by sending the Israeli judicial authorities a formal request for cooperation. He also issued a summons to the IDF colonel in charge of the area at the time, but the colonel did not respond. In fact, the Israeli authorities did not cooperate in any way.In a ruling issued on 24 May, the French judge said: “International letters rogatory were sent to the Israeli authorities who refused to execute them. This lack of cooperation prevented identification of the person who fired the shot. The case will therefore be dismissed.”“Having registered as a civil party in this case from the outset, we are outraged by this decision, and the resulting failure to shed light on this shooting,” Reporters Without Borders said. “Jacques-Marie Bourget has been demanding justice for nearly 10 years. A lot of different evidence points to Israeli responsibility. Although France and Israel have signed a judicial cooperation accord, Israel did not cooperate. This is unacceptable.”This is not the first time that a journalist has had no cooperation from the Israeli courts. A journalist with the French TV station TF1, Bertrand Aguirre, was fired on by an Israeli border guard in May 2001, surviving thanks only to his bullet-proof vest. The incident was filmed but four months later, an Israeli court closed the case for “lack of evidence.”The ruling in the Bourget case has again highlighted the almost systematic impunity for attacks on the media in armed conflicts. Despite the protection that international law affords journalists in war zones and despite the UN Security Council’s adoption of Resolution 1738 in 2006, reminding member states of their obligation to bring anyone responsible for grave violations of international humanitarian law to justice, injured journalists and the families of journalists killed in the course of their work never obtain justice. For protection and respect for the work of war reporters to progress, it is essential that the fine words and declarations by governments be followed up by action and by a real determination to prosecute, try and convict those responsible for acts of violence.Bourget’s lawyer, William Bourdon, said there would be no appeal against this decision because of the impasse resulting from Israel’s complete refusal to cooperate. “It is regrettable that this refusal, which violates Israel’s international obligations, is serving to prolong the impunity of those responsible for this murder attempt, namely Israeli military officers.”Bourdon added that an attempt is being made before the Israeli courts to obtain “fair compensation” for Bourget’s serious injuries. Newscenter_img to go further RSF denounces Total’s retaliation against Le Monde for Myanmar story June 4, 2021 Find out more May 10, 2021 Find out more News News News Help by sharing this information FranceEurope – Central Asia last_img read more

Switzerland

first_img to go further June 19, 2003 – Updated on January 20, 2016 Switzerland News Receive email alerts RSF_en – Information technology law site Links:- Federal Data Protection Commissioner Help by sharing this information SwitzerlandEurope – Central Asia Forum on Information and Democracy 250 recommendations on how to stop “infodemics” SwitzerlandEurope – Central Asia News June 26, 2020 Find out more Follow the news on Switzerland Organisation Reports – Swiss Internet User Group News Protecting media freedom and free speech when regulating digital platforms Article 322-b of the Criminal Code, which came into force on 1 April 1998, provides for prosecution of anyone who, deliberately or carelessly, allows the posting of illegal material. This is the system of responsibility by association that also applies to the written media. So if the author cannot be found or cannot be tried in a Swiss court, a website’s content can be blamed on the publisher, the site’s host and even the ISP.The federal law on monitoring postal and telecommunications traffic that came into effect on 1 January 2002 requires ISPs to retain customers’ connection records for six months and to hand them over to the monitoring authorities, by court order and if possible in real time.The federal police, in a written statement in spring 2000, said a site’s host had a duty to check the legality of material in case there was a legal complaint. The police can also ask an ISP to block access to a site and ask a host to either block or erase one, all at their own expense and without compensation. The exact extent of these monitoring obligations has so far only been discussed and no court has yet had a case testing these rules. November 11, 2020 Find out more Attacks on media in Europe must not become a new normal April 29, 2020 Find out morelast_img read more

Majority Leader Holden Names 80-year-old Veteran of the Year for the 41st A.D.

first_img First Heatwave Expected Next Week 0 commentsShareShareTweetSharePin it Assemblymember Chris Holden (D-Pasadena) honored 80-year-old Air Force veteran Jefferson Hill at a Sacramento ceremony yesterday for his years of service both in the Air Force and in his community.“In recognition of his outstanding service to his country and his community, I am pleased to recognize Jefferson Hill as Veteran of the Year for the 41st Assembly District,” said Assemblymember Holden. “Jefferson served his country with distinction, earning many honors during his 22-year career. But it is his exemplary service and commitment to his community and his fellow Vets that continues to make such an impact”Hill served as a Senior Master Sergeant in the Air Force for 22 years during both the Korean and Vietnam Wars. He then worked for Northrop as an aerospace engineer, earned a Masters in Psychology, and went on to teach at several colleges.His role in helping his fellow Vets remains his biggest passion. He is a lifetime member of the VFW, and is a past post-commander. He was instrumental in the campaign to construct the La Verne Veterans Memorial for which they raised $230,000. And last year, as a member of the Veteran’s Committee for the 41st A.D., he helped to organize a Veterans Job Fair in Claremont. As if that weren’t enough, when he saw a need, he founded the La Verne Meals on Wheels program.Jefferson Hill has been married to his wife Helen for 56 years and they have 3 children and six grandchildren. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Government Majority Leader Holden Names 80-year-old Veteran of the Year for the 41st A.D. Published on Thursday, June 25, 2015 | 11:27 am Community News Herbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeauty7 Reasons Why The Lost Kilos Are Regained AgainHerbeautyHerbeautyHerbeautyShort On Time? 10-Minute Workouts Are Just What You NeedHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeauty10 Brutally Honest Reasons Why You’re Still SingleHerbeautyHerbeauty Name (required)  Mail (required) (not be published)  Website  Make a comment EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News center_img Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * Subscribe More Cool Stuff Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.last_img read more

Janus Henderson Announces Appointment of Alison Davis to Board of Directors

first_img Twitter By Digital AIM Web Support – February 16, 2021 WhatsApp Facebook Facebook LONDON–(BUSINESS WIRE)–Feb 16, 2021– Janus Henderson Group plc (NYSE/ASX: JHG, ‘Janus Henderson’, ‘the Company’) announces the appointment of Alison Davis as an Independent Non-Executive Director, effective today. Ms Davis will serve as a member of the Board’s Audit Committee, Nominating and Corporate Governance Committee and Risk Committee. Ms Davis, who is based in the US, brings to the Board extensive financial leadership experience as a corporate executive and years of consulting experience as a strategic advisor. In addition, she has significant governance experience having served on boards of directors of both public and private companies. She is an active investor in growth companies and a best-selling author on the topics of technology and innovation. The Company’s Chairman, Mr Richard Gillingwater, said: “We are pleased to welcome Alison to the Board and look forward to benefitting from her strong insights and unique perspectives. Throughout her career, Alison has been a trusted advisor to firms in financial services, as well as held leadership roles as a corporate executive and as a board director for US and global companies. Her broad industry knowledge, experience as an investor and expertise in technology and innovation will complement the Board’s existing mix of skills and experience.” Ms Davis’ appointment brings the Company’s total number of directors to ten, nine of whom are Independent Non-Executive Directors. About Alison Davis Ms Davis is co-founder and Managing Partner of Fifth Era Financial LLC, which invests in and incubates early stage technology enabled companies. From 2004 to 2010, she was the Managing Partner of Belvedere Capital, a regulated bank holding company and private equity firm focused on investing in US banks and financial services firms. From 2000 to 2003, Ms Davis was Chief Financial Officer of Barclays Global Investors (now BlackRock), the world’s largest institutional investment firm with more than US$1.5 trillion of assets under management. Earlier in her career, Ms Davis spent 14 years as a strategy consultant and advisor to Fortune 500 CEOs, boards and executive teams with McKinsey & Company, and as a practice leader with A.T. Kearney where she built and led the global Financial Services Practice. She is currently a Non-Executive Director on two public company boards: SVB Financial Group, Inc., the parent company of Silicon Valley Bank, and Fiserv, Inc., a payments and financial technology company. She also serves on the board of privately held data intelligence company Collibra, Inc. as Chair of its Audit Committee. In addition, Ms Davis serves as Chair of the Advisory Board for Blockchain Capital, a venture firm in the blockchain industry and is an advisor to Bitwise, a cryptocurrency asset manager. Ms Davis received a BA Honours and a Master’s in Economics from Cambridge University, and an MBA from the Stanford Graduate School of Business. About Janus Henderson Janus Henderson Group is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, fixed income, quantitative equities, multi-asset and alternative asset class strategies. At 31 December 2020, Janus Henderson had approximately US$402 billion in assets under management, more than 2,000 employees, and offices in 26 cities worldwide. Headquartered in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX). View source version on businesswire.com:https://www.businesswire.com/news/home/20210216005218/en/ CONTACT: Investor enquiries Jim Kurtz Co-Head Investor Relations (US) +1 (303) 336 4529 [email protected] Horton Co-Head Investor Relations (non-US) +44 (0) 20 7818 2905 [email protected] Relations [email protected] enquiries North America: Sarah Johnson Director, Media Relations & Corp Comms +1 (720) 364 0708 [email protected]: Stephen Sobey Head of Media Relations +44 (0) 20 7818 2074 [email protected] de Lagarde Global Head of Communications +44 (0) 20 7818 2626 [email protected] KEYWORD: AUSTRALIA/OCEANIA UNITED STATES UNITED KINGDOM NORTH AMERICA AUSTRALIA EUROPE INDUSTRY KEYWORD: FINANCE CONSULTING BANKING ACCOUNTING PROFESSIONAL SERVICES SOURCE: Janus Henderson Group plc Copyright Business Wire 2021. PUB: 02/16/2021 04:00 AM/DISC: 02/16/2021 04:00 AM http://www.businesswire.com/news/home/20210216005218/en Janus Henderson Announces Appointment of Alison Davis to Board of Directors Pinterestcenter_img TAGS  Local NewsBusiness Pinterest WhatsApp Previous articleSouth Africa’s health care workers eager for first vaccinesNext articleThe name is Karatsev; Russian reaches semis on major debut Digital AIM Web Support Twitterlast_img read more

Report: Time to Update the Mortgage Servicing Industry

first_img Report: Time to Update the Mortgage Servicing Industry Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Urban Institute released a report Thursday calling for an update to the mortgage servicing industry to make it easier for creditworthy borrowers to get a mortgage.The report, written by Institute experts Alanna McCargo and Laurie Goodman, said mortgage services have historically been a “behind-the-scenes” component of the housing and mortgage industries, until the 2008 financial crisis.“After the 2008 housing crisis, servicers were thrust into the spotlight as an unprecedented number of borrowers started having trouble paying their mortgages and entered foreclosure,” McCargo and Goodman said. “In response to the crisis, Federal agencies created new regulations designed to help servicers quickly resolve and minimize homeowner losses. While many of these measures were helpful during the crisis, stabilizing mounting losses and establishing needed standards, they remain on the books today, even while delinquency and foreclosure rates have stabilized from crisis levels.They said despite the drastically changed regulatory scheme, much of the servicing side remains unchanged, including the way services are compensated.“In recent years, we have witnessed the rapid growth of nonbank servicers, which manage more than half the nation’s mortgage loans and have introduced new regulatory, risk, and capital questions that have not been fully addressed,” they said. “New servicing business models have also emerged, with subservicing and specialized servicers entering the market and many traditional servicers exiting the market.”Several high-profile companies have exited the servicing industry since the 2008 crisis. Most recently, Citimortgage agreed to a deal with New Residential Investment and Nationstar Mortgage to transfer their servicing rights to 780,000 mortgages, marking their exit from the servicing sphere.“The financial crisis revealed the housing finance system’s vulnerability, as well as the centrality and general underappreciation of the role of mortgage servicers, who manage over $10.2 trillion in single-family mortgage servicing outstanding nationally,” they said. “The viability, liquidity, and stability of servicing over the long term are critical and must be part of the conversation about how we comprehensively reform our housing finance system.”Cam Melchiorre, President and CEO of HOPE Loan Port, said that the industry needs to develop more programs to assist customers in getting back into the market.”The purchase market is still constrained because of the regulatory drag, tightened eligibility guidelines and lack of inventory. The mortgage finance industry needs to redouble its efforts in a collaborative way to assist consumers who seek homeownership,” he said. “Additionally, many prospective homeowners emerged from the financial crisis with credit blemishes, especially those with modifications, short-sales, deeds-in-lieu and foreclosures.  The industry should also have more programs to remediate those consumers and facilitate their return to the market.” The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Report: Time to Update the Mortgage Servicing Industry Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Phil Banker Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 2017-02-07 Phil Banker Phil Banker began his career in journalism after graduating from the University of North Texas. He has covered a number of communities across Texas and southern Oklahoma, writing news and sports for publications including the Ardmoreite, Ennis Daily News and the Plano Star-Courier. He is currently a contributor to DS News and The MReport. The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Share Save Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Previous: Home Equity Jumps to $726 Billion Next: Fed’s MBS Drawdown Could Affect Housing Market in Daily Dose, Featured, Headlines, News The Best Markets For Residential Property Investors 2 days ago February 7, 2017 1,749 Views last_img read more

Timing of post office closures ‘deliberate’, says Donegal TD

first_imgAudioHomepage BannerNews News, Sport and Obituaries on Monday May 24th By News Highland – August 17, 2018 Facebook Derry draw with Pats: Higgins & Thomson Reaction Pinterest Google+ Previous articleIllies Celtic wrap up a second North West Women’s Super League titleNext article15 people awaiting admission at LUH News Highland A Donegal Deputy has heavily criticised what he terms as the ‘ deafening silence from Government on the closure of 162 post offices nationwide – Thirteen of them in Donegal. 12 closures have already taken place across the country with Churchill post office closing its doors last Friday.It’s feared that the majority will be shut before the Dail resumes in September.Deputy Pat the Cope Gallagher believes it was a deliberate move by the Government but it’s an issue that won’t go away:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/08/copfgfgfgfepost.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Twitter RELATED ARTICLESMORE FROM AUTHORcenter_img Timing of post office closures ‘deliberate’, says Donegal TD WhatsApp DL Debate – 24/05/21 Facebook Google+ FT Report: Derry City 2 St Pats 2 Journey home will be easier – Paul Hegarty Harps come back to win in Waterford Twitter WhatsApplast_img read more

Death of second skier in avalanche at New Mexico’s Taos ski resort confirmed by family

first_imgAt 11:30AM today, an inbounds avalanche occurred on the K3 shoot off of Kachina Peak. Taos Ski Valley Ski Patrol immediately responded to the scene.The trigger of the avalanche is unknown at this time but a full investigation of the incident and its cause will be conducted.— Taos Ski Valley (@TaosSkiValley) January 17, 2019It is unclear what triggered the avalanche, which occurred on the K3 shoot off Kachina Peak, the ski resort wrote on Twitter.The lift for Kachina Peak just opened on Wednesday, according to The Taos News. The lift rises to about 1,100 feet to take expert skiers and snowboarders to the top of the mountain, the newspaper reported. Copyright © 2019, ABC Radio. All rights reserved. We are deeply saddened by yesterday’s events. Our hearts are with the individuals, their family and friends, as well as the larger community that has been affected, including other visitors and our dedicated staff.— Taos Ski Valley (@TaosSkiValley) January 18, 2019Both men were trapped for 22 minutes after the avalanche sent snow pummeling down a mountain around 11:45 a.m. local time on Thursday, Chris Stagg, vice president of Taos Ski Valley, Inc., told ABC News.Rescuers dug the skiers out and transported them to the University of New Mexico Hospital in Albuquerque, Stagg said.After the avalanche, rescuers searched for other people possibly buried under the snow, ABC Albuquerque affiliate KOAT reported.The snow was so deep in some areas that probes that were used to locate people couldn’t reach the bottom, Stagg said. RoschetzkyIstockPhoto/iStock(TAOS, N.M.) — The death of a second skier who was trapped under snow after an avalanche at the Taos Ski Valley in New Mexico last week has been confirmed by his family.Corey Borg “loved the mountains, no matter what season,” his grandmother, Deb Bowers Borg, wrote on Facebook Sunday.“The mountain took his life unexpected with an avalanche while skiing in New Mexico,” Bowers Borg wrote in her tribute to her grandson. “I am so proud of this young man and the impact that he has left on so many lives.”The other skier’s death was announced by a ski resort official on Friday morning. His name has not been released.last_img read more