PODCAST: Success in Silicon Valley
continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Todd Harris knows how to get things done.A year after he took over as CEO of Technology Credit Union in San Jose, Calif., the credit union’s assets increased 13%, loans grew 17%, and earnings rose 46%.In this episode of the CUNA News Podcast, Harris describes how Technology Credit Union embraces collaboration as a means to success in Silicon Valley’s competitive financial services marketplace.He also describes his path to the CEO chair, which provides some additional leadership lessons.
The state budget revision now targets Rp 1.76 quadrillion in revenue, lower than the Rp 2.23 quadrillion previously set out in the 2020 budget. Expenditure, meanwhile, jumps to Rp 2.61 quadrillion from the Rp 2.54 quadrillion targeted previously. The government has widened its state budget deficit beyond the previous 3-percent-of-GDP cap to around 5 percent this year, in line with a new government regulation in lieu of law (Perppu) to lift the legal limit.On Thursday, Indonesia raised $4.3 billion, including from the longest-dated US dollar bond ever issued by an Asian nation with a 50-year tenure, to support government funding. The deal was finalized in the United States on Monday and sold in maturities of 10.5 years and 30.5 years, worth $1.65 billion each, with a 50-year tranche worth $1 billion, Reuters reported.“It is likely that, during this period, the ownership structure of government securities will change to some extent with foreign investors’ lowering their holdings considerably and BI [Bank Indonesia] seen to expand its balance sheet,” according to a research note by Fitch Solutions’ country risk and industry research team on Tuesday.Read also: Indonesia’s COVID-19 stimulus playbook explainedPerppu No. 1/2020, issued last week, allows the central bank to buy government bonds at auction to anticipate a situation in which the market is unable to fulfil the government’s financing target. The regulation revokes a 1999 law on the central bank, which only allowed BI to buy government bonds in the secondary market.Demand for Indonesian debt papers declined sharply in March, according to official documents. At a Feb. 18 auction, the government saw Rp 127 trillion in bids and absorbed Rp 19 trillion, while on March 31, it only saw Rp 34 trillion in bids and absorbed Rp 22 trillion.Foreign investors have dumped Rp 148.76 trillion in Indonesian assets, including Rp 135.08 trillion in government bonds and Rp 9.71 trillion in Indonesian shares, BI data show.Fitch Solutions was of the view that, if the rupiah continued to depreciate rapidly as BI extends its government bond holdings, the Indonesian economy could enter a sovereign debt crisis, as the central bank bled foreign reserves.Read also: BI to dominate ownership of ‘pandemic bonds’ as debt burden grows“For now, this is not our core view, as we expect the recovery off the back of the COVID-19 outbreak to be robust,” Fitch wrote. “Moreover, Finance Minister Sri Mulyani has a good track record of fiscal discipline, and it is likely that, once the worst is over, she will ramp up efforts to bring government spending back in line and broaden the revenue base.”Fitch Solutions now expects the country’s public debt to average 45.3 percent of GDP during the period of 2020-2023 versus 33.1 percent in the last five years.Topics : Indonesia’s new debt is expected to triple this year as the government struggles to fund its fight against the COVID-19 pandemic.According to the newly enacted Presidential Regulation (Perpres) No. 54/2020 on the 2020 state budget revision issued on April 3, the government has increased deficit spending to Rp 1 quadrillion (US$61.5 billion) this year, a jump of 286 percent from the initial target of Rp 351.9 billion.The government plans to offer sovereign debt papers worth Rp 549.6 trillion, an increase from the initial Rp 389.3 trillion, while also planning to raise Rp 450 trillion in “pandemic bonds”, given that demand for government bonds has significantly declined. Finance Minister Sri Mulyani Indrawati said on Monday that the government would look for safe financing sources, including the option to use the endowment fund for education (LPDP) as well as accumulated cash surplus (SAL), but said that “would not be enough”.Read also: Indonesia’s COVID-19 stimulus worth 2.5% of GDP, lower than Singapore, Malaysia“Therefore, we need to issue government debt papers to look for the best financing sources. We will be extra careful in navigating these uncharted waters,” she told House of Representatives Commission XI, which oversees financial affairs, on Monday.President Joko “Jokowi” Widodo has announced additional state spending worth Rp 405.1 trillion to finance Indonesia’s battle against the novel coronavirus pandemic. The new allocation will be used specifically for healthcare, social safety net and business recovery programs.
Offshore Energy Today Staff An international arbitration tribunal has ruled that Russia must pay a 5.39 million euros compensation to the Netherlands for the damage to the Dutch-flagged, Greenpeace-operated Arctic Sunrise vessel, and the arrest of Greenpeace protesters in 2013.The arbitration, launched by the Netherlands, concerns the measures taken by Russia against the Dutch-flagged ship Arctic Sunrise and the thirty Greenpeace activists who used the vessel to stage a protest on the Gazprom-run Prirazlomnaya offshore oil platform in the Pechora Sea in September 2013.In September 2013, the Greenpeace vessel approached the Gazprom-operated Prirazlomnaya platform in the Pechora Sea, offshore northern coast of Russia.The activists were there to protest against the Arctic drilling. In the morning of September 19, the Arctic Sunrise launched five inflatable boats, which approached the platform, allowing two campaigners to scale its side. Their climb was hampered by the platform’s water cannons and the efforts of two inflatables launched from a Russian Coast Guard vessel―the Ladoga.The protest ended by Russian forces seizing the Arctic Sunrise vessel and arresting 30 people on board, which later became famous as the Arctic 30.After that, the Arctic 30 were detained, charged with the criminal offense of piracy, subsequently requalified as hooliganism, and remanded in custody. They were released on bail by November 29, 2013, and were granted amnesty by Decree of the Russian State Duma in respect of the crime of hooliganism on December 18, 2013.On June 6, 2014, the arrest of the Arctic Sunrise was lifted. The ship departed from Murmansk on August 1, 2014 and reached Amsterdam the following week.The Netherlands launched the legal action in 2013 claiming Russia had violated its obligations toward the Netherlands under the United Nations Convention on the Law of the Sea, and customary international law. The Netherlands’ also sought compensation for the damage to the vessel and compensation for detention of the protesters.The Tribunal in 2015 found that the Netherlands was entitled to compensation, amongst others, for damage to the Arctic Sunrise, including physical damage to the vessel, resulting from the measures taken by the Russian Federation, and costs incurred to prepare the vessel for its return voyage from Murmansk to Amsterdam; as well as costs incurred due to loss of use of the Arctic Sunrise during the relevant period.After years of proceedings, the Tribunal on Tuesday found that the Russian Federation shall pay to the Netherlands around 5,39 million euros in compensation for the damage to the ship and the actions against the protesters, plus other reimbursements.Worth noting, Russia refused to take part in the arbitration, so it is not clear if it will indeed comply with the ruling and pay the compensation.According to Greenpeace, any of those funds that are forwarded by the Dutch government to Greenpeace International will go towards covering costs incurred, including ship repairs – and compensation for immaterial damages suffered by the members of the Arctic 30 will be passed to the 30 individuals themselves.The environmental group also said on Wednesday that the Arctic Sunrise last week set sail to campaign against exploratory oil drilling in the Barents Sea by Norwegian company Statoil. Russian side of the story
While Russia refused to partake in the arbitration, the country’s foreign ministry in 2015 issued a document supporting its actions against the Arctic Sunrise.One excerpt reads: “The Arctic Sunrise delivered Greenpeace activists to Prirazlomnaya. After their action that was coordinated from the ship they returned to the Arctic Sunrise which remained in the vicinity of the platform refusing to follow the instructions of the Russian Border Guard and obstructing its activities.The vessel and its crew were clearly acting as a unit against the platform and Russian law-enforcement officials. In this situation exclusive criminal jurisdiction and in particular enforcement jurisdiction of the Russian Federation over Prirazlomnaya apparently extended to the vessel and those on board and the flag State had no exclusive jurisdiction over the vessel. Thus there was no need for the Russian authorities to seek consent of the flag State for the boarding of Arctic Sunrise and detention of the ship and its crew.”Also in the document, it has been written the Russian Federation respects the rights to freedom of expression and peaceful assembly exercised in accordance with international law, including when they are exercised at sea. Russian authorities claimed they were also open to dialogue with those having concerns regarding economic activities in the Arctic, the text in the document reads.“However, when the enjoyment of the aforementioned rights is combined with aggressive behavior of their beneficiaries (“protesters”), obstruction of the law-enforcement activities and infringement of the rights of others, it cannot, in accordance with international law, be qualified either as peaceful or as lawful.Definitely, there are alternative means to express views on the necessity to preserve the Arctic environment and to “protest at sea” – such that would not create prejudice to private and public rights and interests, infringe the law and put others at risk,” it has been written in the document by the Russian foreign ministry.
Fred RockwoodFred Rockwood, a business and community leader in Batesville, has passed away.Rockwood, who was 66, earned a college degree from Stanford and in 1975 graduated from Harvard Law School. In 1977, he accepted a position with Hillenbrand Industries and was the founder and first chief executive officer of the Forethought Group in Batesville.Rockwood became President and CEO of Hillenbrand Industries in 1999 and retired in 2005.Hillenbrand released a statement on the passing of Rockwood:“The Hillenbrand organization is saddened to hear of the passing of Fred Rockwood. Today, we give pause to reflect on his life. Over the years, Fred Rockwood played significant roles in the history of Hillenbrand Industries and in the Batesville community. Beyond his excellence as a business leader, he also gave tirelessly to others who were less fortunate. And, Fred’s commitment to his family served as an outstanding example to us all. Our hearts and prayers go out to the Rockwood family.”The Rockwood family said he was a faithful member of his church, supported the arts, and will be remembered for his giving spirit, sense of humor, intelligence, spirituality, and his wisdom and faith.Funeral services will be held Saturday at the Cincinnati Ohio Stake Center of the Church of Jesus Christ of Latter-day Saints in Lakeside Park, KY.
Jim Zinser of Weisburg, IN passed away Tuesday, July 30, 2019 at the age of 84. He is the beloved husband of Marlene (Gutzwiller) Zinser with whom he just celebrated their 60th wedding anniversary this past June. If he wasn’t working on the farm, Jim could be found with his favorite hobby, fishing. He loved to fish for bluegill and bass. He also loved to throw horseshoes, but had switched it up for cornhole in recent years. Jim also used to be a member of North Dearborn Conservation Club and worked for Aurora Casket Company for 43 years, retiring in 1998.Jim will be greatly missed by his best friend and wife Marlene, as well as their 4 children, Luann (Mark) Konradi of Milan, Marilyn (Paul) Hountz of Sunman, Ronald Zinser of Sunman, and Daniel (Marvina) Zinser of Sunman. He also leaves behind 5 grandchildren, Chad (Lindsay) Konradi and Brandon Konradi, Zach (Kayla) and Jenna Hountz, and Mackenzie Zinser; as well as 3 great grandchildren, Isaiah and Zane Hountz and Caleb Konradi; and sister-in-law Mary Zinser. Jim is preceded in death by his parents Lillian and Albert Zinser, brother Bob Zinser and sister Joyce Rush.Visitation will be held at Andres-Wuestefeld Funeral Home on Saturday, August 3 from 9:00-11:00 a.m., beginning with Rosary. Mass of Christian burial will be held at All Saints Parish, St. Paul’s Campus at 11:30 a.m. with burial immediately following.Memorials can be made to Family Wishes or Masses. To offer condolences or sign the online guestbook, please visit www.andres-wuestefeldfh.com. The staff of Andres-Wuestefeld Funeral Home is honored to serve the family of Jim Zinser.
Press Association County Kildare trainer Peter Maher feels he has Big Shu in the shape of his life ahead of Saturday’s first £1million Crabbies’ Grand National – which is already a sell-out. The teenage Tidal Bay will carry top-weight of 11st 10lb in the hands of Sam Twiston-Davies, with Cheltenham Gold Cup and dual King George VI Chase hero Long Run next in on 11st 9lb under Sam Waley-Cohen. Long Run’s trainer Nicky Henderson also has Hennessy Gold Cup winner Triolo D’Alene, Hunt Ball and Shakalakaboomboom in contention as he aims to secure his first victory in the race. Last year’s third Teaforthree heads the market for Welsh trainer Rebecca Curtis, with Nick Scholfield the man on board. Tony McCoy had to choose between the JP McManus-owned duo of Double Seven and Colbert Station and has, as expected, sided with the first-named. McManus’ other possible Lost Glory was the only horse who was guaranteed a run to be taken out at the 48-hour stage. Other leading contenders include Michael Scudamore’s Monbeg Dude, the Willie Mullins-trained Prince De Beauchene and Rocky Creek from the Paul Nicholls yard. The 40th and final horse in the field is the David Pipe-trained Swing Bill, although there are four reserves. Goonyella, Soll, Night In Milan and Minella For Value could potentially get a run if there are withdrawals from the final 40 before a deadline of 9am on Friday. One slight change to reports earlier in the week is that Paul Moloney now rides the Fergal O’Brien-trained Alvarado for the Rucker family, after finishing placed in the last five Nationals on State Of Play and Cappa Bleu. Moloney had been due to ride One In A Milan for his boss Evan Williams, but that mount has now gone to Adam Wedge. Wedge said: “Paul made the choice to ride Alvarado, so it’s obviously great news for me. “I rode Viking Blond in the race last year and he was pulled up, but you’d like to think I’d have more luck this time. I’ve not had much joy on him the times I’ve ridden him, but he’s a tough, strong horse who has held his form pretty well this season. “He can be a bit of a quirky horse, though, which explains why they’ve gone with a visor. “Evan knows what to do in the National and has a great record in the race. I can’t wait to get going.” “My nerves are in bits!” said Maher. “He deserves a crack at this, people have said I should have saved him for the banks race at Punchestown, but you only get one real crack at the National. “He’s the sort of horse you can only train properly for one race each season and this year we decided on the National. He’s in the best shape of his life. “Peter Buchanan came over on Saturday to pop him over a few National-style fences, I wanted him to have a feel of him. “I thought very hard about who would ride him and I came in for a bit of stick in Ireland for overlooking some of the lads based at home. “Peter is a true horseman, he’s competed in show jumping for Ireland and I know he’ll look after the horse for me. “One thing he does need is rain, though – they can go flat out early on and if it rains that might just slow him down early on.” Tidal Bay and Long Run head a maximum field of 40 after the leading fancies stood their ground at the final declaration stage. Big Shu won the Cross-Country Chase at the Cheltenham Festival 12 months ago and finished third in the race last month, beaten three lengths by Balthazar King who also runs at Aintree. With Paul Carberry taking the mount on Monbeg Dude in the world’s greatest steeplechase, Maher was on the lookout for a jockey and surprised a few when booking Peter Buchanan, stable jockey to Lucinda Russell in Scotland. 
Facebook Twitter Google+ Syracuse (2-0) let Morehead State (1-2) hang around on Saturday in the Carrier Dome, but pulled away to win, 84-70. Tyus Battle bounced back from a slump to score 23 points, including 18 in the second half. He led four Syracuse players in double figures. Published on November 11, 2018 at 11:04 am Contact Alexandra: amoreo@syr.edu
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The Rock is all set to make his electrifying comeback on the debut episode of SmackDown on FOX. The Rock was a part of the main event of SmackDown when it was first introduced two decades ago. Surely this Friday night will become memorable after the people’s champ enters the ring. Nevertheless, the most memorable thing about The Rock was his in-ring performance and the rivalries he had with other wrestlers during his WWE career. Here are some famous rivalries The Rock had in his decade long career in WWE.Read l WWE SmackDown: Here’s how The Rock influenced the word ‘Smackdown’WWE: The Rock vs ‘Stone Cold’ Steve AustinAccording to WWE itself, The Rock’s rivalry with Stone Cold Steve Austin is still the greatest rivalry the WWE universe has ever seen. The two biggest superstars of WWE’s Attitude Era were destined to clash at WrestleMania. Their rivalry was so big they showcased three main events in WrestleMania, no one has done that in WWE till now. It all started with an Intercontinental Championship match and later all of their matches became legendary. The first WrestleMania match they fought was in 1999, where the Texas Rattlesnake regained his title by delivering a ‘Stone Cold’ Stunner to The Rock. History repeated itself when the two fought again at WrestleMania 17. Strone Cold won again but this time with the help of WWE chairman Vince McMahon. Their final showdown was at WrestleMania 19 where The Rock defeated Stone Cold by delivering three ‘Rock Bottoms.’ This match also marked Strone Cold’s last match in WWE.Read l WWE SmackDown preview: Kofi to face Lesnar, The Rock returnsWWE: The Rock vs Triple HTheir rivalry originally started in 1997 when The Rock defeated The Game and won the Intercontinental Championship. This grew when Vince McMahon assisted Triple H in retaining the WWF Championship at WrestleMania 2000. Later The Rock won the title back by once again defeating Triple H. Their rivalry continued for years and it was in full showcase when Stone Cold had to leave WWE because of a neck injury. The Rock and Triple H were the first wrestlers to fight in the main event of SmackDown when it was first introduced two decades ago.Read l WWE News: Draft predictions for upcoming Monday Night RAW 2019WWE: The Rock vs John CenaFor a long time, it seemed as if a match between John Cena and The Rock would remain a dream match. That changed when The Brahma Bull returned to host WrestleMania 27 and cost John Cena his WWE championship against the Miz at the main event. The night after, the wrestlers came together and set up the ‘Once in a Lifetime’ match for WrestleMania 28. The Rock eventually defeated John Cena in the main event of WrestleMania. But this was not over, both met again at WrestleMania 29 and Cena defeated The Rock in the main event. Read l Rey Mysterio to get another WWE Universal Championship title shot? COMMENT Adil Khan Written By FOLLOW US Last Updated: 4th October, 2019 16:22 IST WWE: Stone Cold To John Cena, Here Are The Rock’s Greatest Rivalries The most memorable thing about The Rock was his electrifying matches and the rivalries he had with other wrestlers like Stone Cold during his stay in WWE
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He shot a mixed round of 71 to end day 1 on 1-under par. Padraig Harrington and Seamus Power must both battle back from 2-over after opening ro
MORE: Halep dominates Williams in Wimbledon final Wimbledon always brings out the stars, especially the royal family. Duchesses Kate Middleton and Meghan Markle and Kate’s sister Pippa were all seen sitting in the front row at Saturday’s women’s singles final. Their appearance marks exactly one year since Kate and Meghan stepped out for the first time without their husbands by their sides, to watch the tournament together. A warm welcome to the Duchess of Cambridge on ladies’ day…#Wimbledon | @KensingtonRoyal pic.twitter.com/GleM8z8k3Z— Wimbledon (@Wimbledon) July 13, 2019Both have ties to the big event. Markle is supporting her good friend and finalist Serena Williams, while Middleton is the royal patron of the All England Lawn Tennis and Croquet Club, the venue that hosts Wimbledon.Middleton, the Duchess of Cambridge, wore a stunning green dress with gold buttons down the middle, while Markle, the Duchess of Sussex, wore a chic white button-down collared shirt paired with a white-ribbed skirt with bright blue flowers. Girls Day Out: Kate Middleton, Meghan Markle and Pippa Middleton arrive at #Wimbledon to watch the women’s singles final featuring #SerenaWilliams and #SimonaHalep 🎾 pic.twitter.com/DqIwXWTScR— HarpersBazaarArabia (@BazaarArabia) July 13, 2019The royal women had themselves a girls’ day.