Ecuador joins EITI to boost transparency in oil and mining industries

first_img Ecuador’s capital city Quito lies in the Andean foothills Ecuador has joined the Extractive Industries Transparency Initiative (EITI), becoming the eleventh country in Latin America to do so.It also becomes the 55th global member of the programme, which is designed to promote accountability and open disclosure in how countries manage their natural resources, and the revenues earned from them.Ecuador is a significant oil producer on the world stage – the third largest in South America – and earlier this year ended its membership of the Opec exporter organisation, saying it wanted to seek ways to “generate new income”.The country produces roughly half a million barrels of oil per day, and is also home to a growing mining sector focused on copper and gold.Ecuador is facing financial difficulties, further exacerbated by the coronavirus crisis that has significantly lowered revenue expectations from oil markets through weakened demand and depressed prices.“EITI implementation can underpin the modernisation of Ecuador’s regulatory framework in the extractive sector, and help ensure that the development potential of extractive revenues is realised,” said the transparency group’s chairwoman Helen Clark.“We welcome Ecuador as an implementing country and look forward to the EITI promoting transparency, accountability, and debate around the management of the country’s natural resource wealth.” Ecuador will publicly disclose extractive industries information under EITI rulesUnder the terms of EITI membership, Ecuador will be required to publicly disclose information on contracts, beneficial owners, revenues and payments, information on state-owned enterprises and data related to gender and environmental payments.The transparency group says these disclosures will make information available to Ecuadorian citizens, and strengthen public understanding on how natural resources revenues are being managed.Ecuador now has 18 months with which to publish its first disclosures to the EITI.The country first committed to join the initiative in September 2019, just one month before announcing its surprise departure from Opec.Ecuador’s vice minister of mines Fernando Benalcázar said at the time: “Access to information is the right of all Ecuadorians. Our goal is to encourage a more participatory society that is informed about the reality of these sectors.”Energy minister Carlos Pérez added: “In deciding to adhere to the EITI, the government of Ecuador seeks to guarantee transparency and efficiency in the management of the country’s natural resources.”Neighbouring Colombia and Peru, on the north-western tip of South America, are already members of the EITI, while others in the region, including Argentina, Mexico, Suriname, Guyana and the Dominican Republic are also joining.Extractive industries have proved contentious issues in South American society, both in terms of the economic return – or lack of it – to society from the exploitation of natural resources, as well as the protection of prized environmental assets such as the Amazon rainforest. Ecuador is the latest of several Latin American countries to join the transparency initiative, which promotes accountability and public awareness of government activities in resource extractionlast_img read more

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Record price for Champion Oldenburg Stallion at Saddle Licensing

first_imgThe Oldenburg Champion Stallion of the 10th Oldenburg Saddle Licensing, Splendid by San Amour I out of N-Infinity by Dream Boy – Friedensfürst/T., bred by Rob Zandvoort from Belgium, was the price highlight at 515,000 Euros. The stunning black stallion was sold to a stallion owner in Switzerland who owns the stud farm Gut Schönweide in Schleswig-Holstein. Splendid becomes the most expensive champion of all ten saddle licensings so far.The champion comes from a successful dressage dam line: dam N-Infinity was already successful at advanced level at the age of seven. Granddam Fatinitza was a grand prix winner under Tatyana Makarova (RUS).The second most expensive stallion for 84,000 euros was the Ic premium stallion by Frascino out of Fahra-Diva by Lauries Crusador xx – Dormello – Placido, bred by Frank & Christine Lange, Porta Westfalica, and exhibited by Peter Aringer from Herford. His third dam, Farena, is the sister of the World Cup winner Delaunay OLD by Dr. Doolittle under the Swedish rider Patrik Kittel.The stallion by Da Costa out of Dakota by Dankeschön – Hochadel, bred and exhibited by Arndt Schwierking, Barver, was sold for 81,000 euros to a top dressage stable in Austria. Sire Da Costa placed fourth in the final of the Bundeschampionat for six-year-old dressage horses in 2019 under Janina Tietze and was successful in advanced level dressage competitions in 2020. Second sire Dankeschön was successful up to Intermediaire I under Henrike Sommer.In total, the Spring Elite Auction generated a total sale of 2,395,000 euros with the riding horses that were already auctioned on 10 April. The lot shone with an average price of over 61,000 Euros. 21 of 39 auction candidates were bought by Oldenburg friends from abroad. In the future, they will bring joy in Great Britain (4), Belgium (3), Switzerland (3), USA (3), Ireland (1), Italy (1), Canada (1), Mexico (1), Austria (1), Portugal (1), Spain (1) and in Hungary (1).~with files from Tobias Hemken More from News:MARS Bromont CCI Announces Requirements For US-Based RidersThe first set of requirements to allow American athletes and support teams to enter Canada for the June 2-6 competition have been released.Canadian Eventer Jessica Phoenix Reaches the 100 CCI4*-S MarkPhoenix achieved the milestone while riding Pavarotti at the inaugural 2021 CCI4*-S at the Land Rover Kentucky Three-Day Event.Tribunal Satisfied That Kocher Made Prolonged Use of Electric SpursAs well as horse abuse, the US rider is found to have brought the sport into disrepute and committed criminal acts under Swiss law.Washington International Horse Show Returns to TryonTIEC will again provide the venue for the WIHS Oct. 26-31 with a full schedule of hunter, jumper and equitation classes. Email* SIGN UP We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. Horse Sport Enews Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition!last_img read more

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BREAKING: University reports drop to 40 cases this week, lateral flow tests for all students confirmed

first_imgThe University has implemented a four-stage emergency response, depending on how wide the spread of Covid-19 is. The current status is Stage 2, which allows the University to operate “in line with social distancing restrictions with as full a student cohort as possible on site”, with teaching and assessment taking place “with the optimum combination of in-person teaching and online learning”. A Stage 3 response would imply “no public access to the University or College buildings” and “gatherings for staff and students only permitted where essential for teaching and assessment to take place”. While cases increased almost linearly in weeks 1-3 this term (with close to 200 new cases confirmed each week), new case numbers began falling in weeks 4 and 5. However, the number of tests conducted in these weeks was down almost 50% compared to earlier this term, while the test positivity rate reached record highs. This week marks the first substantial drop in the positivity rate to half of its peak at 34% in week 4. Today, results for the of the phase III trial of the Oxford Vaccine, ChadOx (ChAdOx1 nCoV-2019) were announced, suggesting a composite efficacy rate of 70%. The efficacy was 90% for people who received a half dose of the vaccine followed by a full dose. For those who receive two full doses of the vaccine, the efficacy rate was 60%. None of those who received the vaccine became seriously ill or required hospitalization. This follows trials of lateral flow tests on student volunteers at Merton College and St. Hilda’s as part of the government’s “Operation Moonshot”, aiming for regular mass testing to reduce the spread of the virus. The Lateral Flow Immunoassay Test (LFIA) requires individuals to take a swab of their nose and throat and insert it into a tube of liquid for a short time, with a result provided after 20 to 30 minutes. They are aimed at potentially supplementing, rather than replacing, the standard use of RT-PCR (reference test polymerase chain reaction) tests. The vaccine has advantages that make it easier to use than competitor vaccines whose phase III trial results were released last week. It can be stored at fridge temperature, allowing it to be distributed more effectively than the Pfizer/BioNTech and Moderna vaccines, which need to be stored at freezing temperatures. Oxford’s manufacturing partner, AstraZeneca, is preparing to make three billion doses worldwide. The Oxford vaccine, at a price of around £3, also costs less than Pfizer’s (£15) or Moderna’s (£25) vaccines. The approach when sending students home for the winter vacation is different, however, and the University will provide tests to all students before they leave. In an email to students, the Vice Chancellor confirmed that “Colleagues across the collegiate University are working hard to ensure that we will be able to offer two lateral flow tests to all students in 8th week so that you can safely travel home for Christmas confident that you will not be endangering the health of your family and friends.”center_img Image credit: Oxford University Status and Response website (https://www.ox.ac.uk/coronavirus/status) Current University guidance is that students and staff should not get tested unless they have been asked to or they display symptoms of COVID-19. The University’s white paper states that “one of the challenges the University faces is staff and students with no COVID-19 symptoms asking for tests unnecessarily”. In an email to students and staff this morning, the Vice Chancellor Louise Richardson congratulated Professors Andrew Pollard, Adrian Hill and Sarah Gilbert and the 280 members of their teams. While celebrating the results, she also emphasised that “we still have some difficult times ahead. It is not yet time to relax, to travel and socialize or to mourn properly those we have lost.” Oxford University’s testing service has confirmed 40 cases of COVID-19 among students and staff for the week 14th-20th November, with a positivity rate of 17.2%. This marks a drop of almost 70% in the number of new cases compared to last week’s 126, as well as a substantial decrease in the test positivity rate compared to last week’s 30%.last_img read more

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Aryzta gives positive full-year update

first_imgArzyta has revealed a 9.3% increase in revenue, to €1.4bn (£1.17m) within its Food Europe arm, for the full year to 31 July 2013.The Swiss-based speciality bakery manufacturer saw total revenue across its international food businesses up 7.6% to €3.086bn (£2.58bn).Revenues in its Food North America division increased by 6.4%, while Food Rest of the World saw a 5.7% rise. Ebitda rose by 8.5% to €406.7m (£339.88m).The firm put the growth of revenue in Food Europe predominantly down to acquisitions, with “weak underlying growth in bake-off” reflecting sustained weak consumer spending, and the growing impact of government austerity measures across the region.Owen Killian, chief executive at Aryzta, said: “Revenue growth and margin expansion performance was robust in FY 2013, given the level of change management achieved across the business.“Underlying revenue growth remained positive, and the improved diversification of our channel mix should improve the sustainability of this growth.”He said the full-year results marked five years since the creation of Aryzta AG, with revenue in its Food Group seeing growth of 89%.last_img read more

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Subway opens second car dealership outlet

first_imgSandwich retailer Subway has opened a store at Jennings Kia dealership in Stockton, Teesside.The initiative follows in the footsteps of the Skipton Ford dealership in North Yorkshire, which became the UK’s first car dealership to open a Subway last November. The new Stockton Subway store is owned by franchisee and managing director of Jennings Motor Group (JMG), Nas Khan.JMG, which employs 470 staff, has dealerships located across Teesside and the north east, and a Harley-Davidson branch in Leeds.Khan said; “We are delighted to launch the new Subway store at our Kia dealership in Stockton, which is also creating nine jobs for local people.”More than 500 storesThere are now more than 500 Subway stores open in non-traditional locations, including within convenience stores, petrol station forecourts, universities and hospitals.Greg Madigan, area development manager for Subway, said: “Non-traditional locations are a key area of growth for the Subway brand in the UK and Ireland. The simple operations that are involved in running a Subway franchise and the convenience offer make it a perfect fit for these style locations ­ in this case for dealership customers and those visiting the store.”last_img read more

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Chorale, Undertones complete tours over break

first_imgWhile many students spent the last week of break at home or traveling, members of Notre Dame Chorale and the Undertones went on tour.Chorale took 55 members for a week-long tour in California, said senior Caiti Crahan, the group’s president. Crahan said the group, which consists of 65 to 70 members, takes a domestic tour each winter break to fundraise for an international trip every four years. Photo Courtesy of Ralph Moran Members of the Undertones perform at Seattle’s Space Needle over break. The group, a subset of the Glee Club, spent part of their vacation on a West Coast tour. The Notre Dame Chorale also toured the West Coast over the break.“On winter tour, we’ll take a break in the middle of the concert and all the students introduce themselves while we pass around collection baskets, and we make a lot of money,” she said. “Alumni are very generous and they donate to it.”On the tour, the group performed concerts in cities such as San Diego, Newport Beach, Palm Springs, Los Angeles and San Francisco.“We do a city per night usually,” Crahan said. “Once in a while we’ll do two nights in a city if we want to give people a free day in the middle.”The concerts are each an hour long and feature a mixed repertoire of Christmas music and songs from the group’s fall show. While the director puts together the program, the group’s tour commissioners do most of the planning, starting with reaching out to alumni clubs in September.“Our entire trip is student planned,” Crahan said. “ … It gives the students a lot of practice being responsible for a trip like that.”Crahan said planning includes reaching out to alumni groups and asking them to help find a church where the group — who practice twice a weekly during the school year — can sing. Alumni also find host families for the students and provide dinner while the choir is there.While Crahan said the trip was a financial success — the group raised over $18,000 — she mentioned another purpose of the tour is to build community within the group.“It’s an intimidating group to join because most of us are such close friends because we’ve spent two or three or four years doing this sort of thing together,” Crahan said. “For the freshmen, it can be a little hard to approach a group of juniors and sophomores who are super tight.”To help facilitate bonding, Chorale mixes up rooming assignments on tour every night.“You’re supposed to spend a lot of time with different people and get to know them better,” Crahan said.For the Undertones, an all-male group that is a subset of the Glee Club and sings pop music, the tour is primarily about becoming better friends and engaging with alumni, Undertones president Ralph Moran said.“It’s certainly a goal to at least break even,” Moran, a senior, said. “We primarily go on tour for two reasons. One is to bring another dimension of brotherhood to the group … [and] engaging the alumni, whether they be singing alumni or just regular Notre Dame alumni.”Moran said it’s rewarding to have alumni say they wished the groups visited more often after creating and rehearsing a set.“At the end of the day, that’s the thing that makes Notre Dame extra special,” Moran said. “We have this strong alumni network and we tour to share our music with those people.”While the group typically does a winter tour in California or Florida, this year members toured the Pacific Northwest for the first time.“The primary reason is that we think there’s been a dearth of groups willing to go up there, and there’s a lot of alums that are hungry for Notre Dame’s art scene to come and visit and engage that,” Moran said.As part of the tour, the group performed in places such as Spokane, Seattle and Portland. They also went to schools and gave workshops, during which they answered questions about music, college and Notre Dame.“We went to schools where there’s a lot of hype surrounding Notre Dame, so we served as an outlet for them to ask questions about the admissions process, what it’s like, etcetera,” Moran said.One of Moran’s favorite parts of the tour was performing in the Space Needle in Seattle, which made the Undertones one of only a few musical groups to do so.“It goes without saying, singing in the Space Needle was out of this world,” Moran said. “The Needle rotates on the top so you stand on glass and there’s nothing underneath you and you slowly do a 360 around the Needle. We were not even given a time we were supposed to finish, we were just told once you completed a full rotation around the Needle, then you’ll know that it’s time to wrap up your set. That was just amazing because we had the full skyline of Seattle and the ocean and then we had a really energetic crowd as well.”The group started planning the tour in early October by reaching out to alumni clubs.“It was a massive networking bonanza,” Moran said. “We had to talk to so many people to make sure the concerts could come together in this place none of us had visited before.”The group also rehearsed its set, which included songs from Taylor Swift, Neon Trees and The Jackson 5.Moran said based on the reception they received, the tour was very successful.“We hope that it has paved the way for future groups of any type, whether that be singing groups or musical groups or dance groups, to go to the Northwest and pursue a similar trek,” he said.Tags: choir tours, chorale, The Notre Dame Chorale, The Undertones, winter breaklast_img read more

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Lawyer needed for admissions panel

first_imgLawyer needed for admissions panel March 1, 2006 Regular News Lawyer needed for admissions panel The Board of Governors is seeking applicants for the following vacancy to be filled during its April 7 meeting: Supreme Court’s Bar Admissions Committee: One lawyer to serve a two-year term commencing July 1. This committee coordinates the work of the bench, bar, law schools, and bar examiners.Persons interested in applying for these vacancies may download the application from the Bar’s Web site, www.floridabar.org, or should call Bar headquarters at (850) 561-5600, extension 5757, to obtain an application form. Completed applications must be submitted to the Executive Director, The Florida Bar, 651 East Jefferson Street, Tallahassee 32399-2300 no later than close of business, Friday, March 10. Resumes will not be accepted in lieu of an application.last_img read more

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From a humble home to sparkling Gold Coast mega-mansion

first_imgRelax among the gardens. A sight to behold from the pool. Fancy a movie? Before: The home at 60 Sophie Ave, Broadbeach Waters, in 1974 is unrecognisable.He took great care designing his dream home, including integrating technology that allows him to control everything from mobile devices when travelling.He also included a housekeeper’s quarters with ensuite, kitchenette and separate entry as well as an outside bathroom for the groundskeepers.The property has played host to many charity fundraising events over the years, including garden parties and concerts, as well as weddings. There’s plenty of room to relax and unwind.“That’s my pleasure here, when people come,’’ Dr Kazacos said.“It’s the most beautiful place to entertain — to have people enjoy the food, the music, the grounds.”The home’s Art Deco-inspired theatre with starlit ceiling, wine cellar, internal lift, and multiple terraces and balconies overlooking the manicured gardens, pool and Nerang River, are standout features.Dr Kazacos said the memory of his grandmother’s house, which had dirt floors and no electricity, made him feel guilty for living in such a beautiful home. What a view!“It was just perfect for me,” said Dr Kazacos, who has retired from medical practice.“I was from Sydney and I only intended to use it (the former property) as a summer house but when I got here, I never went back.”He decided to knock it down because it “wasn’t practical” to renovate, then rebuild.The original home was similar in size but Dr Kazacos said it did not have the eight-car underground garage like the one that is part of the mansion today.More from news02:37International architect Desmond Brooks selling luxury beach villa18 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago 60 Sophie Ave, Broadbeach Waters is on the market at $8.95 million.A GOLD Coast mega-mansion known as “The Palms” has hit the market with an $8.95 million price tag.The palatial Broadbeach Waters residence is one of a kind.Dr Michael Kazacos built the five-bedroom home over two years from 2008, but has lived on the property since 1988. Another house sat on the sprawling block back then, which was built by a friend of his. One of the bedrooms. Welcome home: the grand staircase. There’s no shortage of standout features here. You can even host a dinner party.While he would miss it once it sold, he said it was time to let someone else enjoy it.“That’s the main reason I’m selling the house — because it’s not fair to live here alone,” Dr Kazacos said.“When I first came here, my family had children and they’ve all grown up.“I want a family to enjoy this.”A soaring 25ft (8-metre) ceiling foyer with a sweeping staircase greets guests.From there, it is easy to get lost in the multi-level grand estate’s labyrinth of more than 30 rooms.It exudes classic elegance with marble sculptures and floors as well as regal wallpaper and chandeliers in some of the rooms.last_img read more

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Equinor’s production unaffected by strike

first_imgNorwegian oil firm Equinor has said the offshore workers’ strike in Norway has not affected Equinor’s operated oil and gas output on the Norwegian Continental Shelf.Credit – Harald Pettersen – Equinor – Snorre BTo remind, 669 rig and platform workers represented by the Norwegian union SAFE on Tuesday went on a strike following failed pay talks with the Norwegian Shipowners’ Association.This has affected several rigs and platforms, most notably Shell’s Knarr field.Namely, Teekay workers employed on the Knarr FPSO used for production at the Knarr field are also on a strike, which has forced Shell to shut the production from the field.Offshore Energy Today reached out to Equinor given that its Snorre B platform is on the strike list provided by SAFE.An Equinor spokesperson responded that the strike was affecting three rigs and one vessel on drilling and well intervention operations for Equinor on the Norwegian Shelf.“[The strike] has no effect on Equinor operated production,” the spokesperson said.Also, the spokesperson added that Equinor was not a party to the “conflict,” referring to the fact that the workers are actually at loggerheads with the offshore supply chain companies and offshore contractors.An Equinor spokesperson earlier told Reuters that drilling at the Snorre B had been stopped due to the strike, but that the production could run independently.Offshore Energy Today has earlier today reached out to both SAFE, and the Norwegian Shipowners’ Association, seeking more info on the matter. We have yet to receive a response.The workers striking are employed on offshore drilling rigs and production units, including Snorre B, Petrojarl Knarr, Transocean Spitsbergen, COSL Innovator, to name a few (see the full list here).They work for Odfjell Drilling, North Atlantic Drilling, Transocean, Teekay, Island Offshore, KCA Deutag, Archer, and SodexoIf a deal is not reached, SAFE said another 901 workers would go on strike on Sunday.Offshore Energy Today Stafflast_img read more

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Ellen A. (Cayton) Baer

first_imgEllen A. (Cayton) Baer, 61, of Aurora, Indiana, passed away Friday July 10, 2020 in Lawrenceburg, Indiana.She was born August 13, 1958 in Milan, IN, daughter of the late Dwight Cayton and Beulah (Wilson) Cayton.Ellen worked as a night Auditor for Rising Star Hotel.Ellen was an advocate for animal rights and human rights. She enjoyed going to dirt track races, especially with the late model cars.She is survived by her loving spouse Douglas Baer of Aurora, Indiana; children, Kristen Baer of Aurora, IN, and Derek Baer of Newport, KY.She was preceded in death by her parents.A celebration of life will be held on Saturday, August 1, 2020 from 10:00 am – 12:00 pm at the Aurora Pavillion, 415 Park Ave, Aurora, Indiana.A memorial services will follow at 12:00 pm. Following the service a Wake will take place from 1:00 – 3:00 pmA Graveside service will follow at 3:30 pm in the River View Cemetery, Aurora, Indiana.Contributions, in lieu of flowers, may be made to the PAWS of Dearborn County, American Cancer Society or Human Rights Campaign. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Due to the current situation dealing with COVID-19, we are following the directives from Governor Holcomb and the Centers for Disease Control and Prevention concerning large events and mass gatherings. The family deeply appreciates the support and love shown from friends, but the health and well being of everyone in our community is of top priority. We are asking everyone who will be in attendance to please remember the social distancing guidelines at all times, and the wearing of masks is highly recommended.Alternative ways to express your condolences can be done by going online at our website and leaving the family a message, sending a card, flowers, or making a donation in memory of their loved one.Visit: www.rullmans.comlast_img read more

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