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Twitter suspends 70 pro-Bloomberg accounts for breaking rules

first_imgThe policies were triggered by Russia-backed accounts used in an effort to sway the outcome of the US presidential race in 2016.Facebook is also planning a response to Bloomberg’s online campaign methods, according to US media. Bloomberg has shattered the record for campaign advertising, spending a staggering $364.3 million and counting, ad tracker Advertising Analytics reported.On Friday, the candidate mocked Donald Trump with a giant billboard on the Las Vegas Strip as the president visited the city for a rally.”Donald Trump lost the popular vote,” read one slogan, while another said “Donald Trump’s wall fell over.” Twitter said Friday it suspended 70 accounts for spam-like posts supporting Democratic presidential hopeful Michael Bloomberg, whose campaign has hired hundreds of people to promote him on social media.”We have taken enforcement action on a group of accounts for violating our rules against platform manipulation and spam,” a spokesperson for the platform said.Some of the accounts are now banned while others can be re-authorized once the users behind them verify they are in control, Twitter said.  The Wall Street Journal revealed Wednesday that the billionaire former New York mayor has hired around 500 people in California at $2,500 a month to regularly post messages supporting him on social media and to send text messages to their friends.The technique blurs the lines between political advertisement and promotion by ordinary activists on social media networks, which are grappling with how to handle political content and prevent abuse.Twitter prohibits sending identical tweets from multiple accounts, as is often the case with spam, and “coordinating with or compensating others to engage in artificial engagement or amplification.”It also bans creating “fake” engagement with “duplicative” content.center_img Topics :last_img read more

Ministers against Jakarta’s decision to reimpose PSBB

first_imgSeveral ministers in President Joko “Jokowi” Widodo’s Cabinet have expressed their concern over Jakarta Governor Anies Baswedan’s decision to reimpose large-scale social restrictions (PSBB) in the capital and their possible impact on economic recovery.Industry Minister Agus Gumiwang said he was worried about the PSBB policy and its effects on the improving trend of industrial performance, with the manufacturing Purchasing Managers’ Index (PMI) rising to 50.8 points in August, or just above the 50 mark, according to Statistics Indonesia (BPS).“A strict PSBB in Jakarta will affect the performance of the manufacturing industry in Indonesia, especially if other provinces follow [Jakarta],” Gumiwang said during a meeting with the Indonesian Chamber of Commerce and Industry (Kadin) on Thursday. Deputy Foreign Minister Mahendra Siregar, who also attended the meeting, held a similar view. He said industrial sectors that could enforce health protocols should be allowed to remain operating during the PSBB.Read also: Civil servants to work from home as Jakarta reimposes PSBBMeanwhile, Trade Minister Agus Suparmanto warned about the risks of disruptions in the distribution channel if PSBB measures were reimposed, such as the distribution of logistics that were essential for businesses.”Fifty percent of our gross domestic product [GDP] is consumption. If the distribution does not run well, it will disrupt the Indonesian GDP,” Suparmanto said.The disagreement about the PSBB policy among ministers contradicts what Jokowi had said during a plenary Cabinet meeting on Monday about health as the key to restoring the economy. “Good health makes a good economy. This means that our number one focus is health,” Jokowi said.Jakarta will be placed under PSBB status again on Monday after restrictions were eased for a few months. The decision to reimpose the policy comes amid the ever-climbing number of confirmed COVID-19 cases and deaths, as well as bed occupancy rates in hospitals that have exceeded the limit.Topics :last_img read more

Wolf Administration Celebrates Start of Long Awaited CSVT River Bridge Project

first_img SHARE Email Facebook Twitter May 20, 2016 Infrastructure,  Jobs That Pay,  Press Release,  Transportation Union Township, PA – On behalf of Governor Tom Wolf, Pennsylvania Department of Transportation (PennDOT) Secretary Leslie S. Richards hosted a groundbreaking ceremony Friday for the first contract of the $670 million Central Susquehanna Valley Transportation Project (CSVT). A $156 million river bridge is the first of several construction improvements planned as part of the project.“This project will result in significant improvements when it comes to traffic and overall travel along this congested corridor,” Governor Wolf said. “It also shows how Act 89, the state’s comprehensive transportation funding bill, is leveraging new revenue in an efficient and effective way.”“This is a massive undertaking – the largest new capacity project underway in Pennsylvania,” Secretary Richards said. “This project stands as a testament to the dedication and hard work needed to deliver transportation improvements,” Richards said. “All here have done that, and we stand today to celebrate the start of a wonderful improvement for this region.”The CSVT project will ultimately provide a 13-mile limited access highway connecting PA 147 in Northumberland County just south of the PA 45 Interchange, to US 11/15 in Snyder County just north of the Borough of Selinsgrove. When completed, the river bridge will be more than 4,500 feet long with a peak elevation of 180 feet.“My administration is committed to delivering on the promise of Act 89, and this investment demonstrates that we have state government that is working for the people and setting the stage for economic and job growth in this region,” Gov. Wolf said. “This improvement also demonstrates the fruits of bipartisan compromise on the important issues that face us.”Richards noted that the project is moving forward with resources provided by Act 89, Pennsylvania’s far-reaching transportation plan. She thanked state senators and state representatives from the region who supported the law and local stakeholders who championed the project over several decades.“Our 40 year wait for this needed project is over,” said Sen. John Gordner of the 27th District. “This project will relieve traffic congestion, improve safety and will spur economic development in the Central Susquehanna Valley.”“After 40 years of false starts, the CSVT is now a reality,” said Sen. Gene Yaw of the 23rd District. “This is a smart, strategic transportation investment in our region that will serve as an economic keystone to north central Pennsylvania.  Undoubtedly, it will bring relief to thousands of motorists traveling daily along US 11/15 from the Maryland border to the New York state line.  As one of those motorists, I am certain that the planned thruway will provide a safer highway system for all by relieving traffic congestion, and improving the flow of goods and services throughout the region.”Added State Rep. Lynda Schlegel Culver, of the 108th District:“This is the project that was known as the road that would never be built. It took the involvement, partnership and support of public officials from all levels of government, included elected officials, agencies, chambers and the community at large to make this project a reality. Thank you to PennDOT for never giving up on this project. This is a great example of what can happen when we all work together for the betterment of our region.”Added Rep. Garth Everett of the 84th District:“To me this is not just about convenience and traffic delays, it’s about stimulating economic development not only near the bypass but in the whole area from the New York border to Harrisburg. The easy east-west access to major markets provided by Interstate 80 combined with the new north-south accessibility provided by the bypass will make the whole Route 11/15 area very attractive to businesses looking to locate or expand – to me – it’s all about jobs.”Added Rep. Fred Keller of the 85th District:“This CSVT project represents a tremendous opportunity for this Valley and with proper planning and local leadership, can serve as a catalyst in revitalizing our communities and growing the economy in Central Pennsylvania.”Richards noted that PennDOT awarded a $156 million contract last fall for the new bridge and in August expects to award a second contract for work north of the bridge, and next spring a contract for work south of the bridge. The bridge is expected to be completed in 2020. Work will progress on both the northern and southern sections with a number of contracts over the next several years.“The 13-mile section of highway is scheduled to be opened to traffic in 2024, and that will mean the long-awaited closure of the missing link in the Route 15 north-south corridor through Pennsylvania will be accomplished,” Richards said. “The impact for this region will be dramatic. Traffic congestion on the commercial district through Shamokin Dam will be eased, making for a better experience for the shoppers who frequent the many retail outlets in this stretch. The reduced traffic on the area road network will also lead to fewer crashes.”Follow PennDOT on Twitter at www.twitter.com/PennDOTNews or “like” the department on Facebook at www.facebook.com/PennsylvaniaDepartmentofTransportation.# # #Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolfcenter_img Wolf Administration Celebrates Start of Long Awaited CSVT River Bridge Projectlast_img read more

Liberal think tank IREF calls for ‘proper’ pension funds for France

first_img“Just as for unemployment, ‘we have tried everything’ in pensions … except what works,” said IREF.It said an agreement reached for the supplementary pension schemes for private sector workers, Agirc-Arcco, only amounted to a superficial patching up of a regime that was structurally in deficit and could be hard hit by a new recession.It said France was “ideologically attached” to the pay-as-you-go system (système par repartition), pointing to its incorporation in legislation, but argued that the current situation could not continue for much longer.It acknowledged that pension funds were subject to the fluctuations of the markets but said they had recovered from the 2008 crisis.It cited OECD figures of an average real return of 5.7% in 2012, as well as a study by Thomas Piketty, which the think tank said showed returns in a funded pension system were much higher than those in a pay-as-you-go system.IREF also argued that pension funds benefited the economy by acting as a source of lending and investment.Harnessing pension assets for the benefit of the domestic economy is a major motivation behind a law put forward by the French Finance Ministry in March, which proposes regulating pension assets managed by insurers under the IORP framework rather than Solvency II.There are some pension funds in France – such as that for civil servants, ERAFP – but the system is predominantly pay-as-you-go, and, outside that, pension provision is mainly insurance-based.IREF has also proposed changes to France’s insurance-based pension provision, calling for the creation of a personal pension account (Compte Personnel Retraite).Individuals could choose to funnel their first and second-pillar contributions to their account for investment, or remain within the pay-as-you-go system. French liberal think tank IREF has called for the introduction of pension funds in France, saying the country’s pay-as-you-go system is not fit for purpose.The think tank (Institut de Recherches Economiques et Fiscales) said the French pension system was very unequal, with the public regime privileged and financed by taxpayers, while the private sector, in the absence of reform, was heading for failure.It argued that a funded pension pillar had been introduced in almost every other developed, democratic country, noting that pension funds only represented around 0.4% of GDP in France, versus 149% in the Netherlands.The think tank is calling for the introduction of “proper” pension funds in France.last_img read more

ESG investing ‘requires compromise’, advisers say

first_imgHowever, some managers will not take mandates if they cannot invest in sectors such as tobacco for fear of missing out on potential returns, Kleeberg said.In the US, the California Public Employees’ Retirement System (CalPERS) is considering lifting its long-standing ban on tobacco stock investments.Research published last year by the $290bn (€270.6bn) pensions consultant Wilshire Associates found that a decision to ban tobacco stocks from CalPERS’s portfolio – initiated more than 15 years ago – had cost about $3bn in missed gains.In total, CalPERS’s divestment programme missed out on gains worth $8bn, Wilshire estimated.Lukas Riesen, a partner at PPCmetrics, said investors “have to accept compromise” on some ESG issues or risk restricting managers too much.“There will always be companies supplying to carbon-intensive companies,” he said. “How far do you go?”Earlier at the conference, strategists speculated that US president-elect Donald Trump might renew the country’s use of fossil fuels, in particular through domestically produced shale gas.Trump’s victory in the presidential election earlier this month has already raised questions about political commitment to action against climate change. Investors must be prepared to compromise with asset managers over environmental, social and governance (ESG) issues, according to fund selectors.At a recent Uhlenbruch investment conference in Zurich, advisers highlighted the tensions that exist between ESG-conscious investors and the managers pitching for their business.Jochen Kleeberg, managing director at Alpha Portfolio Advisors, said: “We are going to have to find managers that comply with ESG criteria [from clients]. Despite the restrictions, they have to find alpha.”For this reason, fund selectors have had to develop “prpfound insights” into ESG managers and mandates, added Michael Simmeth, principal at LGT Capital Partners.last_img read more

WFW advises Hoegh LNG on $200m FSRU financing

first_imgLaw firm Watson Farley & Williams said it has advised Norway’s Höegh LNG on the recent $200 million debt financing for its ninth floating storage and regasification unit (FSRU).The 170,000-cbm FSRU to be named Höegh Gannet is currently under construction at Hyundai Heavy Industries in South Korea.The facility comprises a twelve-year export credit agency term loan of up to $132.5m backed by Korea Trade Insurance Corporation (K-Sure).It also includes a five-year non-amortising commercial bank loan of up to $45m funded by ABN AMRO Bank, Bank of America N.A., DNB Bank ASA and Citibank, N.A. ABN AMRO also acted as agent and security agent.The WFW London team advising Höegh LNG was led by Partner and Global Maritime Group Head Lindsey Keeble, assisted by Senior Associate Ida-Marie Oedegaard and Associate Laura Gerrard, WFW said.To remind, Höegh LNG said last month it entered into a time charter contract with Spanish LNG player Naturgy for its ninth FSRU.The time charter is to start in December 2018, immediately after the delivery of the unit and a positioning voyage from the South Korean shipbuilder.last_img read more

Civil rights leader, Jackson lobbies for Kroger boycott in wake of store closings

first_imgBy Eric Guo [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)], via Wikimedia CommonsCincinnati, Oh. — Civil Rights leader Jessie Jackson will pay a visit to the Queen City today to call for a Kroger boycott to protest the closings of two stores in predominantly black areas. Jackson says “food desert” is threatened because the grocer shutdown two Memphis, Tennessee-area locations.Jackson was invited by the Cincinnati-based Rainbow Push Coalition Local Steering Committee.In a statement, Jackson said,” If Kroger gonna leave us, we’re gonna leave Kroger! It’s boycott time”.Jackson will attend a breakfast at the Southern Baptist Church, a presser for the boycott of the Walnut Hills Kroger, meeting with the Hughes High School STEM team and an assembly at the Kroger HQ on Vine Street.last_img read more

Neville tipped for player-coach job

first_img Phil Neville will work as part of England Under-21s backroom staff at the European Championship Neville announced on Tuesday morning that he is to depart the Merseyside outfit – who he joined from Manchester United in 2005 – when his current deal expires at the end of the season, stressing that he will be looking to continue his playing career elsewhere. In June, the 36-year-old will work as part of Stuart Pearce’s England Under-21s backroom staff at the European Championship in Israel, having previously done so for the Young Lions’ qualifier against Belgium in February 2012. Phil Neville will work as part of England Under-21s backroom staff at the European Championship slide 1 of 1 Phil Neville will work as part of England Under-21s backroom staff at the European Championship EMPICS Sport And former Everton defender Andy Hinchcliffe believes Neville may well take on some coaching duties at whichever club he plays for next. “When he moves on, I would not be surprised if it is not all about playing for Phil,” Hinchcliffe told Sky Sports News. “He wants to play for another two or three years and if he is fit enough to do it, then great. “But I think he will start to think about the coaching side of things, especially with him being away in the summer in Israel with England Under-21s.” Neville, in a statement released to Press Association Sport, said: “It’s been an honour to play for and captain Everton Football Club. I’ve thoroughly enjoyed my time on Merseyside and will leave with immense pride. “I would like to thank the manager, chairman, all of the staff and the players at Everton for their continued support during my time at the club. “I’d also like to pay a special thanks to the fans, who have been amazing over the past eight years and Everton will always have a place in my heart. “I want to continue to play at the top level as long as I physically can, and will be weighing up my options before making a decision on my next move. I’ll now be doing everything I can to help Everton finish as high up the league table as possible.” 1/1 Whatsapp Phil Neville will work as part of England Under-21s backroom staff at the European Championshipcenter_img Twitter Email Facebook Press Association EMPICS Sport Close Phil Neville will work as part of England Under-21s backroom staff at the European Championship Everton captain Phil Neville has been tipped for a player-coach role at his next club after the defender confirmed that he will be leaving the Toffees this summer.last_img read more

Big summer ahead for Newcastle

first_img But whatever happens at the weekend, head coach Carver, who may or not remain in charge beyond the end of the current campaign, is convinced that the club will invest and invest significantly during the closed season to address the current deficiencies. He said: “This is the biggest summer in the club’s recent history, definitely. Definitely. We know that, everybody knows that. There are certainly a lot of decisions to be made, aren’t there, especially where we are and the situation we are in? “But that’s out of my hands. I can’t do anything about the protests, I can’t do anything about what’s going to happen next season with my position, so I have just got to stay focussed and maintain some sort of level-headedness going into these games and make sure we get the right results. “Going back to the investment – and I said it last week and straight from the heart – they know, the football club knows that they have to invest in the team because you can only keep going for so long. “They HAVE to invest in the team – and I have had assurances they are going to.” Carver’s comments came after it was revealed that the Magpies’ banked more than £34million during the last financial year in addition to reporting a profit of £18.7million. That has done little to placate fans furious at the recent lack of investment in a squad which has been depleted by long-term injuries to Steven Taylor, Paul Dummett, Massadio Haidara, Cheick Tiote, Siem de Jong and Rolando Aarons. They have also been hit by suspensions to skipper Fabricio Coloccini, leading scorer Papiss Cisse, midfielder Moussa Sissoko and more controversially, the loss of Mapou Yanga-Mbiwa and Davide Santon, who have been allowed to leave despite a defensive crisis which is ongoing. However, Carver remains confident a club which has more than once been able to challenge for the title inside the last two decades with Kevin Keegan and Sir Bobby Robson at the helm and twice qualify for the Champions League, can go some way towards scaling those heights once again. The Magpies are currently treading water in the Barclays Premier League, with a chronic lack of both quality and depth in the playing staff having been cruelly exposed by suspension and injury amid a run which has seen them win just two of their last 14 games in all competitions. That depressing sequence of results, coupled with fermenting dissatisfaction with the way the club is being run under owner Mike Ashley, has prompted calls on social media for a mass boycott of Sunday’s home clash with Tottenham, and it remains to be seen how significant a response that attracts. He said: “We’ve seen it. We’ve got close to it under Kevin and under Sir Bob, we got within touching distance of it. We had quite a bit of investment and some good, good players, but ultimately we fell short. “It is very, very difficult to win it [the title]. You have seen all the investment, and it does not necessarily buy success. I will use Manchester City as an example – all right, they have won it, but they ain’t going to win it this year and they have spent millions. “You have to do it the right way and invest your money in the right manner, but it does not guarantee success.” Asked if the club could ever threaten the Premier League’s big boys once again, Carver added: “Threaten. We’re not going to win it. “If we invest right, why can’t we go after European spots, Champions League spots? Why not? Look at Southampton – they lost so many players and had to replace them. They’ve done a great job this year. Every so often, a team just comes through from somewhere – like we did.” John Carver admits Newcastle face the biggest summer in their recent history as they attempt to convince supporters they can compete once again. Press Associationlast_img read more

Lagos Open Tennis: LOC Visits Ambode, Seeks for Govt Support

first_imgAkinwunmi Ambode “We paid a visit to His Excellency, Mr. Akinwunmi Ambode in his office to seek his moral support and more importantly to tell the Governor we are ready for the Lagos Open Tennis 2018,” said Oladunjoye.Relieving what transpired during the meeting, Prince Oladunjoye said the “Governor was so elated and confirmed repeatedly his joy and happiness on the change of name that for a city developing as a mega city now have a tournament named after the city where international players across the world will take their time to visit and have fun.”“The Governor even promised to host some of the players during the competition at the State House in Marina and also find time to watch them playing at the venue. He told us that he would particularly have interest in whatever sports or tennis will bring to add glamour to the international profile of Lagos. The vision for the Lagos Open to become a Challenger Series that will attract more foreign players is a welcome development for him.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram The Local Organising Committee (LOC) of the Lagos Open Tennis on Tuesday paid a courtesy call on the Governor of Lagos State, Mr. Akinwunmi Ambode to seek his continuous support for the championship.The Lagos Open Tennis, an International Tennis Federation (ITF) approved circuit, will hold from 29 September through 13 October, 2018 with participation from over 130 players across 47 countries of the world.The LOC was led by the Vice Chairman, Afolabi Salami in company of the Tournament Director, Prince Wale Oladunjoye told the Governor in his office in Alausa, Ikeja of their readiness to host the world as from this weekend in Lagos in the 18th edition of the Lagos Open, formerly the Governor’s Cup Lagos Tennis.last_img read more