Bolivia Unable to Have Recourse at The Hague for Maritime Dispute

first_img Piñera, who defends the validity of the treaty, stated that Bolivia is able to resort to the instruments stipulated by the treaty of 1904, allowing the “verification of compliance,” but “not to declare it invalid.” By Dialogo January 03, 2013 The Peace Treaty of 1904, which put an end to a war between Bolivia and Chile at the end of the XIX century, defined the cession of the only Bolivian territory with a sea outlet on the Pacific coast, which was finally annexed to the Chilean territory. Bolivia sent a commission to the ICJ to attend the hearings of the legal dispute between Chile and Peru that might conclude with the Court’s ruling by mid 2013. Since then, Bolivia has been claiming a sovereign sea outlet, which has been repeatedly rejected by Chile; therefore, Bolivian President Evo Morales, announced in 2011 that he would file an international lawsuit against the Chilean nation, possibly in the ICJ, without specifying an exact date. “This cannot be done retrospectively with a treaty that has been previously signed, as in the case of Bolivia, so this country cannot use the same method” as Peru, Piñera explained. The head of state also mentioned that Peru filed a lawsuit regarding maritime borders against Chile at The Hague in 2008, “based on the 1948 Treaty of Bogota, aimed at a peaceful resolution, but Bolivia would not be able to do the same due to the existence of the Treaty of 1904. “Bolivia is unable to have recourse at the International Court of Justice,” Piñera said on December 30, quoted by Chilean daily El Mercurio. “We have a lawfully signed agreement with Bolivia,” the Chilean head of state added. Bolivia is unable to go to the International Court of Justice in The Hague to resolve its claim against Chile for a sovereign sea outlet, since both countries signed a treaty in 1904 resolving the dispute, Chilean President Sebastián Piñera stated. On December 27, Bolivian Vice President Álvaro García, accused Chile of being the “neighborhood bully” for not resolving the maritime dispute with Bolivia, and confirmed that his country will go to an international court. The Chilean politicians, their Armed Forces and their Army know what this means, they are not as ignorant as the Colombians who in the last 100 years have lost almost half of the territory, counting what they just gave away to Nicaragua. Forget about that.last_img read more

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It’s time to push the ‘reset’ button on bank marketing

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Marketing as a discipline has totally reinvented itself over the past several years, from primarily a communications function to one that creates both value and revenue. Unfortunately, most bank and credit union marketing departments have not kept up with the same pace of change that we’ve seen in other industries, costing their institutions hundreds of thousands or millions of dollars in hard costs and lost revenue opportunity.The transformation of marketing has resulted from a confluence of three factors: consumer behavior, technology, and data analytics:The Consumer. Consumers have changed the way they learn about and buy financial products. Increasingly, they distrust advertising and prioritize web content and customer reviews they perceive as being more objective.Technology. Digital advertising allows sales tracking and the calculation of marketing ROI. Marketing automation allows more varied and rapidly deployed campaigns, enabling testing, learning, and optimization of spend. Both have conspired to transform marketing from an “expense” to be minimized to an investment which needs to be optimized. There is a reason GEICO spends much more in advertising than many of its competitors. (Warren Buffett, whose Berkshire Hathaway owns GEICO, is not known for wasting money.) continue reading »last_img read more

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Chuck Grassley quarantines for COVID-19 exposure

first_imgCommittee Chairman Us Senator Lindsey Graham stands with Senator Ted Cruz (R-Tex), (L) in front of Senator Chuck Grassley (R-Iowa), during a Senate Judiciary Committee confirmation hearing on the nomination of Amy Coney Barrett for Associate Justice of the Supreme Court, on Capitol Hill in Washington, DC, October 15, 2020. (Photo by KEVIN DIETSCH / POOL / AFP) (Photo by KEVIN DIETSCH/POOL/AFP via Getty Images)Maybe Chuck Grassley forgot that the mask he wears incorrectly while pretending he’s a respectable senator doesn’t actually protect him from COVID-19?The Associated Press is reporting that 87-year-old Republican Sen. Chuck Grassley of Iowa is in quarantine after being exposed to the COVID-19 virus. “I’m feeling well and not currently experiencing any symptoms, but it’s important we all follow public health guidelines to keep each other healthy,” he said. How Grassley was exposed remains a mystery, but considering that he and his fellow Republican political leaders have been promoting confusion and boosting bad public health policies, it isn’t surprising. Republican Sen. Rick Scott of Florida went into quarantine a couple of days ago after he says he came into contact with someone who tested positive for COVID-19. Are these two things connected? It’s hard to say, as the Republican Party seems to be the single largest superspreader of death and disease that the world has ever seen.This announcement comes just hours after Democratic Sen. Sherrod Brown of Ohio got into a confrontation with Republican Sen. Dan Sullivan of Alaska over Sullivan’s refusal to wear a mask while presiding over the Senate. The earth’s least popular human being, Sen. Ted Cruz, called Sen. Brown “a complete ass,” while other Republicans said Brown was just being performative. Weird: The entire White House and now Sen. Chuck Grassley all have or have been exposed to COVID-19. It’s almost like arrogant and idiotic anti-public health stances don’t work to protect one from public health issues like the coronavirus pandemic.- Advertisement – – Advertisement –last_img read more

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48 Indonesians test positive for COVID-19 overseas: Foreign Ministry

first_imgThe Foreign Ministry’s director for citizen protection, Judha Nugraha, said on Thursday that the government was coordinating with authorities in Malaysia to get more information about the infected citizens linked to the recent tabligh, an Islamic religious mass gathering, in Kuala Lumpur that had caused a significant surge for Malaysia’s confirmed cases, putting the country into partial lockdown since Wednesday.More than 16,000 participants attended the event on Feb. 27 to March 1, including 696 Indonesians, 215 Filipinos, 130 Vietnamese, 90 Singaporeans, 79 Cambodians and 74 Bruneians, The Straits Times reports.The North Sumatra administration ordered local administrations to trace 350 residents across the province who had returned from the gathering. They were placed in observation in an effort to prevent the coronavirus from spreading further.Judha said the Foreign Ministry had been coordinating with a mosque in Kebon Jeruk, West Jakarta — the headquarters of the tabligh congregation – to obtain comprehensive data for contact tracing. Forty-eight Indonesian citizens have tested positive for COVID-19 overseas, says the government, including those infected while on international cruises, proven to be a hot spot for the deadly virus spread.As of Thursday, the Foreign Ministry had recorded 14 confirmed cases in Singapore, 13 in Malaysia, nine in Japan, eight in India, one in Taiwan, one in Australia, one in Saudi Arabia and one in Macau.The nine infected in Japan, crew members of the Diamond Princess cruise ship, as well as one patient in Singapore, have recovered. “The Indonesian Embassy in Kuala Lumpur has sent a diplomatic notice to the Malaysian government to also get the data as soon as possible,” Judha told reporters in a teleconference on Thursday.However, the contact tracing, Judha said, might be difficult as those who had participated in the gathering had not been organized by the mosque.“We have called on the participants to reach out to us or to the Indonesian Embassy immediately,” he added.Read also: 68 percent of COVID-19 deaths recorded in Jakarta as nationwide fatalities rise to 25The government is monitoring closely the well-being of Indonesians who have tested positive in the country, as well as those who are in areas prone to the disease, including Indonesian crew members of international cruises.“This is a new phenomenon where such cruises are becoming a hot spot for COVID-19 infection. To protect our citizens, when the ships are cruising, the Indonesian government will cooperate with the cruise operators to ensure the crew members are healthy,” said Foreign Ministry spokesman Teuku Faizasyah during the live teleconference.Such measures are what the government took when 78 Indonesian crew members were stuck on the Diamond Princess cruise ship off the coast of Japan recently. Fifty-seven Indonesian crew members are still stranded aboard the Grand Princess cruise ship in California’s Port of Oakland.The government is closely monitoring the situation, as the plan for evacuation has been delayed due to health certification matters. Initially, the government planned to charter a flight from San Francisco to Belgrade and then New Delhi to Batam.However, the plan has been delayed as United States authorities have yet to issue health certificates that declare the crew negative of COVID-19.“Our missions in San Francisco, Los Angeles and Washington, DC have contacted the authorities and the cruise principal to ensure the well-being of our fellow Indonesians on board,” said Judha.The government has asked the cruise management to make sure the Indonesians are in good condition and off duty until the evacuation takes place.“The ship is being disinfected. After that, the crew will be under 14-day quarantine inside the ship,” he said, adding that the evacuation could be performed as soon as the quarantine ended.Topics :last_img read more

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‘Largest ever’ asset manager ESG evaluation launched

first_img“The aggregate data will be used to present those asset managers that demonstrate a commitment to ESG-focused competencies and capabilities to UK pension trustees and asset owners, highlighting expertise and innovation in the investment process,” it said.A report is also to be published to all key industry policymakers and stakeholders “as a mechanism to drive change and greater engagement across the industry”.UK pension schemes and their trustees are to be granted access to the asset manager responses at no cost.“This results of this work has the potential to create unprecedented transparency in the industry,” Joe Dabrowski, head of DB, LGPS and standards at the PLSAJoe Dabrowski, head of DB, LGPS and standards at the PLSA, said pension schemes were “keenly aware” of the impact of climate change on their investments and on saver outcomes but needed the services and support of asset managers to investor accordingly and adapt to a fast-changing regulatory environment.“This results of this work has the potential to create unprecedented transparency in the industry,” he said. “I know pension funds and key industry policymakers will be interested to see the report of findings.”Keith Phillips, CEO of TISAtech, said: “This evaluation, which we hope will become an annual exercise, will support the pensions and wider financial services industry to navigate new risks and will ensure transparency.“It will soon become very clear who is adapting and performing well and who is not.”TISAtech describes itself as “a digital marketplace that brings together financial institutions and fintechs for greater collaboration and innovation. Currently, ESG technologies are highly fragmented, so TISAtech provides a place for these technologies to convene.”To read the digital edition of IPE’s latest magazine click here. More than 1,700 asset managers globally have been sent a request for information about environmental, social and governance (ESG) issues facing investors and their ESG-centric investing strategies, according to the UK industry bodies behind the move.TISAtech, a new digital platform launched by The Investing and Saving Alliance (TISA), sent the request for information to the asset managers. The Pensions and Lifetime Savings Association (PLSA) is collaborating with TISAtech on the initiative as part of its ‘Investing for Good’ programme.The deadline for response is 22 October. IPE was told that 25 asset managers registered to respond within the first hour of the request for information being posted via investRFP.com.The latter said a primary objective of the request was to support UK pension schemes’ active management of their exposure to climate change (risk), in line with Taskforce on Climate-related Financial Disclosures recommendations.last_img read more

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Fluxys, Enagas close Swedegas sale

first_imgBelgian and Spanish natural gas infrastructure companies Fluxys and Enagás have closed the previously announced sale of Swedegas, owner and operator of the high-pressure gas grid in Sweden.The buyer of Swedegas, FS Gas Transport is an indirectly wholly owned subsidiary of First State Investments managed European Diversified Infrastructure Fund II.First State, that also owns the largest Swedish gas distribution network, previously approached Fluxys and Enagás with an offer to buy Swedegas.Both companies, each owning a 50% stake in Swedegas, agreed to this proposal in September and the transaction was closed Wednesday upon approval by the Swedish Competition Authority.Fluxys and Enagás closed the sale for an amount of 1,03 billion Swedish Krona each, or around 100 million euros at the current exchange rate.Over the past three years Swedegas has developed Sweden into a major growth market for small-scale liquefied natural gas (LNG) in both shipping and industry.The company also is a frontrunner in the transmission of low-carbon gas and has completed preparations for a joint balancing zone with Denmark.last_img read more

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Dominion in $9.7 bln asset sale to Warren Buffet’s Berkshire

first_imgDominion Energy will also retain a 50 per cent passive and unlevered interest in Cove Point LNG facility in Maryland. Assets covered by the sale agreement include the company’s ownership interests in Dominion Energy Transmission, Questar Pipeline (including Overthrust and White River Hub), Carolina Gas Transmission, Iroquois Gas Transmission System (50 percent interest), legacy gathering and processing operations, farmout acreage, as well as the mentioned 25 per cent operating interest in Cove Point. Dominion Energy expects that up to 90 percent of its future operating earnings will come from its portfolio of best-in-class electric and natural gas state-regulated utility companies centered around five key states: Virginia, the Carolinas, Ohio, and Utah. Commenting on the deal, Thomas Farrell, Dominion Energy chairman, president and CEO, noted the company is targeting carbon and methane zero emissions target for 2050. The transaction is expected to close during the fourth quarter. It requires Hart-Scott-Rodino clearance as well as approval from the U.S. Department of Energy. “This narrowing of focus will also allow us to increase our long-term earnings growth rate guidance by around 30 percent”, Farrell said.center_img Dominion Energy has agreed to sell all of its gas transmission & storage segment assets including a 25 per cent stake in the Cove Point LNG plant. Cove Point LNG (Courtesy of Dominion Energy) The buyer, a unit of the Warren Buffet-led Berkshire Hathaway is set to pay $9.7 billion for the assets. The consideration includes the assumption of $5.7 billion of existing indebtedness. “Over the next 15 years, we plan to invest up to $55 billion in emissions reduction technologies including zero-carbon generation and energy storage, gas distribution line replacement, and renewable natural gas. In addition, between 2018 and 2025 we expect to retire more than four gigawatts of coal- and oil-fired electric generation.”last_img read more

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Plea to ‘treat booze like ciggies’

first_imgStuff.co.nz 13 July 2012 The children’s commissioner says an “explosion” in the number of children with signs of foetal alcohol syndrome terrifies him. Russell Wills, a paediatrician, yesterday urged a health select committee inquiry into child abuse to look again at a minimum-price regime for alcohol sales and to treat alcohol “with the same seriousness” as cigarettes. “The effect of foetal alcohol syndrome honestly terrifies me,” Dr Wills said. “My outpatient work is largely with children with severe behaviour disorders, and like all of my colleagues, my experience is the number of children that I’m seeing with foetal alcohol effects has just exploded in the last five years, and all of us are seeing this.” The trend was frightening because even though early intervention could mitigate the effects of the syndrome, there was a “very substantial number of these kids” coming through the education system who would need a lot of help. Whereas young people were actively discouraged from smoking, the same did not apply to alcohol. “Alcohol causes enormous harm to children and it’s my view that we’re not treating alcohol with the same seriousness as we are cigarettes,” Dr Wills said. http://i.stuff.co.nz/dominion-post/news/7271216/Plea-to-MPs-on-child-abuselast_img read more

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Relocation of Antique capitol, San Jose town hall pushed

first_imgThe San Jose town hall in Antique shines with decorations during the Christmas season. Mayor Elmer Untaran on Wednesday said they have yet to discuss plans on relocating the town hall outside the “busy” business area. PNA/Annabel Consuelo J. Petinglay Untaran said he will discuss withCadiao the relocation of the town hall so the public will find it moreaccessible for their transactions.(With areport from PNA/PN) Meanwhile, Untaran said the town hallis located in the busy business area of the town where there are banks andother establishments. SAN JOSE, Antique – The provincialgovernment and this capital town were planning to relocate their governmentedifices outside the town proper to avoid traffic congestion.    “The capitol has to be relocated in awider area where there could be parking space for the government vehicles andeven of the employees,” she said. He said relocating the town halloutside of the town proper can somehow solve the problem.  center_img “San Jose has no plaza where we couldhold programs,” he added.  The provincial government is planningto purchase the lot within the year, Cadiao added. Governor Rhodora Cadiao on Wednesdaysaid she and San Jose mayor Elmer Untaran have not yet discussed the plans torelocate but the provincial government, according to her, is willing to sharethe five-hectare lot in the proposed relocation site in Barangay Supa here. “Traffic is really a problem,” Untaranadded, saying some vehicles are parked along the roadside causing traffic. last_img read more

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Area Boys Basketball Scores (2-14)

first_imgArea Boys Basketball Scores.Tuesday  (2-14)Union County  51     East Central  43Greensburg  62     Seymour  52Rising Sun  64     Jac-Cen-Del  39Greenwood Christian  71     Waldron  61Morristown  67     Central Christian  43Knightstown  45     SW Shelby  44last_img

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