First Christian Church

UK chancellor raises national insurance payments for self employed in new budget

">
UK chancellor raises national insurance payments for self employed in new budget

Friday, March 10, 2017

UK chancellor Philip Hammond announced his 2017 budget on Wednesday, which included a £2 billion pledge to social care and a tax hike on the self-employed. It was accused of breaking Conservative Party manifesto promises.

It was announced there will be a 2% increase in national insurance contributions for the self-employed, with chancellor Philip Hammond citing worries that people were choosing to become self-employed in order to pay lower taxes and his perception of unfairness in the different rates paid by employees and self-employees. There were accusations this change in policy goes against the manifesto promises the Conservative Party ran on in 2015, which promised four times that there would be no increase in national insurance rates. Conservative MP Anna Soubry tweeted saying she believed these new measures would be unpopular as many would see them as unfair. The leader of the opposition, Jeremy Corbyn, claimed the new measures will not clamp down on people whose self-employment is just for tax benefits, instead causing problems for those legitimately self-employed, arguing that if they are to start paying similar tax rates to the employed then they should get rights such as statutory maternity pay. The think tank Resolution claimed, however, this increase is outweighed by other government policies and is, therefore, a good move.

In addition to this, the chancellor announced a £2 billion pledge to social care over the next three years, saying he was aware of the stress the ageing population is having on the NHS and social care. Liberal Democrat Norman Lamb described the amount as “wholly inadequate”, saying much more is needed to pay for an increase in care demands due to the ageing population. The lowest threshold at which shareholders pay dividend taxes is to be lowered from £5,000 to £2,000 claiming that the taxes for dividends provided “an extremely generous tax break for investors with substantial share portfolios”. Other budget announcements include an additional £325 million for the NHS, £90 million transport spending for the North of England, £20 million to support campaigning against violence against girls and women and a slight increase in funding for the devolved governments.

Retrieved from “https://en.wikinews.org/w/index.php?title=UK_chancellor_raises_national_insurance_payments_for_self_employed_in_new_budget&oldid=4627212”

Kachina Dolls

Submitted by: Beth Marcus

Kachina Dolls are a gift that is given for a brighter future and great health. They are also used as education tools. Today, they are used as a way to bridge mortals to the spirit world. In addition, they are used to unite Hopis and non-Hopis. Kachinas arrive each year and walk the Earth, and as they dance, they bring renewal and life. When planting is finished, they go back to the spirit world, praying that we all might keep going on the Earth for another great year.

There are greater than 250 different Kachinas, and they all their very own special attributes, representing everything from various animals to concepts that are abstract in nature. The first people to carve Kachina Dolls were the Hopi Indians, and they did this using one piece of cottonwood root. Later, the Navajo carved them in their own special way. Adding things like beads, leather, turquoise, and feathers.

Some of the different Kachinas, and what they represent, are:

1. Eagle- A representation of power and strength. Eagles are a messenger for the heavens and the ruler of the sky.

2. Hoop Dancer- These are used to entertain the people during a major ceremony. They hold a ring which stands for the circle of life.

3. Hemis- This is a gorgeous Kachina doll that is meant to show the happiness that is felt after there has been a good harvest.

4. Wolf- This is used to represent a hunter who uses his smarts and intelligence to bring down game animals for food.

5. Deer- Does a dance that grows his own kind, so there is more to eat for the future.

[youtube]http://www.youtube.com/watch?v=v7OqPhPV0AA[/youtube]

6. Ogre- A black ogre is used to scare children who misbehave, and a white ogre is meant to represent good things.

7. Bear- This kachina symbolizes great power to heal the sick.

8. Bean- Does a dance so that beans will be plentiful.

9. Chief- This is an ancient type of Kachina that is meant to show tremendous knowledge and power.

10. Old Man- This is a grandfather Kachina doll that sings different songs so that there will be a good season of growing.

11. Ram- Implements power over rain, and also dances to increase the number of his own kind on the earth.

12. Snow- Is meant to bring in snow and cold weather that is needed for crops to grow properly.

13. Badger- He has powers to give prayers so that healing herbs will grow.

14. Spotted Corn- This helps the production and pollination of corn for eating and ceremonial use.

15. Lizard- This is a type of fighting Kachina doll that is said to bring lovers together.

16. Priest killer- People that are not Hopi called him priest killer because he beheaded a priest during the Pueblo revolt of 1680. The Pueblo Indians of Arizona and New Mexico left the Catholic Church so they could have the freedom of performing their own religion.

17. Santo Domingo- This kachina blesses seeds so that a great harvest is had.

18. White Cloud- This kachina represents the clouds in the sky, and brings rain for crops.

19. Buffalo- This is the most powerful Kachina; it has the ability to destroy evil thoughts and is an awesome spiritual protector.

20. Warrior- This is a very important war Kachina, which is meant to be a police officer of sorts.

21. Hototo- This is the most respected of the war Kachinas; he is a maker of food.

22. Antelope- This kachina dances to produce more antelope and also bring rain.

23. Buffalo Warrior and Wolf Warrior- These kachinas make sure there is lots of food for the winter.

During religious ceremonies, Indians dress up in the glorious costumes of the Kachinas so that they might celebrate the harmony of life. The Kachina dolls are representative of the Kachina dancers. They are made with artful mastery, intricately carved by hand and painted with the Southwest designs that are traditional. Kachinas are a wonderful type of decorative art, which fits right in with any type of Southwest design. They are a lovely addition to any home.

About the Author: You can find these authentic Navajo Kachina Dolls online at

MadeInAmericaDecor.com

Hundreds of other Home & Garden D cor and Gifts available, all Made In America!! Come See What’s New…

Source:

isnare.com

Permanent Link:

isnare.com/?aid=487507&ca=Arts+and+Crafts

Israel Journal: Is Yossi Vardi a good father to his entrepreneurial children?

">
Israel Journal: Is Yossi Vardi a good father to his entrepreneurial children?

Thursday, December 20, 2007

Wikinews reporter David Shankbone is currently, courtesy of the Israeli government and friends, visiting Israel. This is a first-hand account of his experiences and may — as a result — not fully comply with Wikinews’ neutrality policy. Please note this is a journalism experiment for Wikinews and put constructive criticism on the collaboration page.

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

Dr. Yossi Vardi is known as Israel’s ‘Father of the Entrepreneur’, and he has many children in the form of technology companies he has helped to incubate in Tel Aviv‘s booming Internet sector. At the offices of Superna, one such company, he introduced a whirlwind of presentations from his baby incubators to a group of journalists. What stuck most in my head was when Vardi said, “What is important is not the technology, but the talent.” Perhaps because he repeated this after each young Internet entrepreneur showed us his or her latest creation under Vardi’s tutelage. I had a sense of déjà vu from this mantra. A casual reader of the newspapers during the Dot.com boom will remember a glut of stories that could be called “The Rise of the Failure”; people whose technology companies had collapsed were suddenly hot commodities to start up new companies. This seemingly paradoxical thinking was talked about as new back then; but even Thomas Edison—the Father of Invention—is oft-quoted for saying, “I have not failed. I have just found ten thousand ways that won’t work.”

Vardi’s focus on encouraging his brood of talent regardless of the practicalities stuck out to me because of a recent pair of “dueling studies” The New York Times has printed. These are the sort of studies that confuse parents on how to raise their kids. The first, by Carol Dweck at Stanford University, came to the conclusion that children who are not praised for their efforts, regardless of the outcome’s success, rarely attempt more challenging and complex pursuits. According to Dweck’s study, when a child knows that they will receive praise for being right instead of for tackling difficult problems, even if they fail, they will simply elect to take on easy tasks in which they are assured of finding the solution.

Only one month earlier the Times produced another story for parents to agonize over, this time based on a study from the Brookings Institution, entitled “Are Kids Getting Too Much Praise?” Unlike Dweck’s clinical study, Brookings drew conclusions from statistical data that could be influenced by a variety of factors (since there was no clinical control). The study found American kids are far more confident that they have done well than their Korean counterparts, even when the inverse is true. The Times adds in the words of a Harvard faculty psychologist who intoned, “Self-esteem is based on real accomplishments. It’s all about letting kids shine in a realistic way.” But this is not the first time the self-esteem generation’s proponents have been criticized.

Vardi clearly would find himself encouraged by Dweck’s study, though, based upon how often he seemed to ask us to keep our eyes on the people more than the products. That’s not to say he has not found his latest ICQ, though only time—and consumers—will tell.

For a Web 2.User like myself, I was most fascinated by Fixya, a site that, like Wikipedia, exists on the free work of people with knowledge. Fixya is a tech support site where people who are having problems with equipment ask a question and it is answered by registered “experts.” These experts are the equivalent of Wikipedia’s editors: they are self-ordained purveyors of solutions. But instead of solving a mystery of knowledge a reader has in their head, these experts solve a problem related to something you have bought and do not understand. From baby cribs to cellular phones, over 500,000 products are “supported” on Fixya’s website. The Fixya business model relies upon the good will of its experts to want to help other people through the ever-expanding world of consumer appliances. But it is different from Wikipedia in two important ways. First, Fixya is for-profit. The altruistic exchange of information is somewhat dampened by the knowledge that somebody, somewhere, is profiting from whatever you give. Second, with Wikipedia it is very easy for a person to type in a few sentences about a subject on an article about the Toshiba Satellite laptop, but to answer technical problems a person is experiencing seems like a different realm. But is it? “It’s a beautiful thing. People really want to help other people,” said the presenter, who marveled at the community that has already developed on Fixya. “Another difference from Wikipedia is that we have a premium content version of the site.” Their premium site is where they envision making their money. Customers with a problem will assign a dollar amount based upon how badly they need an answer to a question, and the expert-editors of Fixya will share in the payment for the resolved issue. Like Wikipedia, reputation is paramount to Fixya’s experts. Whereas Wikipedia editors are judged by how they are perceived in the Wiki community, the amount of barnstars they receive and by the value of their contributions, Fixya’s customers rate its experts based upon the usefulness of their advice. The site is currently working on offering extended warranties with some manufacturers, although it was not clear how that would work on a site that functioned on the work of any expert.

Another collaborative effort product presented to us was YouFig, which is software designed to allow a group of people to collaborate on work product. This is not a new idea, although may web-based products have generally fallen flat. The idea is that people who are working on a multi-media project can combine efforts to create a final product. They envision their initial market to be academia, but one could see the product stretching to fields such as law, where large litigation projects with high-level of collaboration on both document creation and media presentation; in business, where software aimed at product development has generally not lived up to its promises; and in the science and engineering fields, where multi-media collaboration is quickly becoming not only the norm, but a necessity.

For the popular consumer market, Superna, whose offices hosted our meeting, demonstrated their cost-saving vision for the Smart Home (SH). Current SH systems require a large, expensive server in order to coordinate all the electronic appliances in today’s air-conditioned, lit and entertainment-saturated house. Such coordinating servers can cost upwards of US$5,000, whereas Superna’s software can turn a US$1,000 hand-held tablet PC into household remote control.

There were a few start-ups where Vardi’s fatherly mentoring seemed more at play than long-term practical business modeling. In the hot market of WiFi products, WeFi is software that will allow groups of users, such as friends, share knowledge about the location of free Internet WiFi access, and also provide codes and keys for certain hot spots, with access provided only to the trusted users within a group. The mock-up that was shown to us had a Google Maps-esque city block that had green points to the known hot spots that are available either for free (such as those owned by good Samaritans who do not secure their WiFi access) or for pay, with access information provided for that location. I saw two long-term problems: first, WiMAX, which is able to provide Internet access to people for miles within its range. There is already discussion all over the Internet as to whether this technology will eventually make WiFi obsolete, negating the need to find “hot spots” for a group of friends. Taiwan is already testing an island-wide WiMAX project. The second problem is if good Samaritans are more easily located, instead of just happened-upon, how many will keep their WiFi access free? It has already become more difficult to find people willing to contribute to free Internet. Even in Tel Aviv, and elsewhere, I have come across several secure wireless users who named their network “Fuck Off” in an in-your-face message to freeloaders.

Another child of Vardi’s that the Brookings Institution might say was over-praised for self-esteem but lacking real accomplishment is AtlasCT, although reportedly Nokia offered to pay US$8.1 million for the software, which they turned down. It is again a map-based software that allows user-generated photographs to be uploaded to personalized street maps that they can share with friends, students, colleagues or whomever else wants to view a person’s slideshow from their vacation to Paris (“Dude, go to the icon over Boulevard Montmartre and you’ll see this girl I thought was hot outside the Hard Rock Cafe!”) Aside from the idea that many people probably have little interest in looking at the photo journey of someone they know (“You can see how I traced the steps of Jesus in the Galilee“), it is also easy to imagine Google coming out with its own freeware that would instantly trump this program. Although one can see an e-classroom in architecture employing such software to allow students to take a walking tour through Rome, its desirability may be limited.

Whether Vardi is a smart parent for his encouragement, or in fact propping up laggards, is something only time will tell him as he attempts to bring these products of his children to market. The look of awe that came across each company’s representative whenever he entered the room provided the answer to the question of Who’s your daddy?

Retrieved from “https://en.wikinews.org/w/index.php?title=Israel_Journal:_Is_Yossi_Vardi_a_good_father_to_his_entrepreneurial_children%3F&oldid=1979332”

Jersey child abuse case ‘was not covered up’

">
Jersey child abuse case ‘was not covered up’

Tuesday, February 26, 2008

Frank Walker, the chief minister of Jersey, a United Kingdom Crown dependency off the coast of Normandy, France, denies that there was a cover up after a child’s remains were found.

The allegations of a cover-up stem from statements by Stuart Syvret. Syvret, the former Minister for Health and Social Services for Jersey, said that “It’s a continuum that we see. It’s a culture of cover-up and concealment and tragically the recent evidence is just the latest manifestation of that.”

It has come to light that Edward Paisnel, a notorious pedophile, used to visit the Haut de la Garenne children’s home dressed as Father Christmas. Paisnel in 1971, was given a sentence of 30 years for 13 counts of assault, rape and sodomy.

Syvret says he was dismissed from his ministerial position after highlighting the “torture” of 11 to 16-year-olds in the island’s care homes. He claimed he was “sacked for whistleblowing”.

Police are currently investigating twenty-seven cases of child abuse on the island and recently discovered the body of one child at a care home Haut de la Garenne in St. Martin, and with a potential six sites in the area where more bodies may be located. The home was closed in 1986 and since 2003 it has served as a youth hostel.

Jersey’s deputy police chief, Lenny Harper said “Part of the inquiry will be the fact that a lot of the victims tried to report their assaults but for some reason or another they were not dealt with as they should be.”

Harper added that “no evidence of a cover-up of any Jersey government” has been found. “We are looking at allegations that a number of agencies didn’t deal with things as perhaps they should.”

Syvret has encouraged the government of the United Kingdom to assign independent judges to oversee any cases that result from the investigations.

Builders originally uncovered a body at the care home in 2003 but it was only since an operation investigate child abuse started in 2006 that progress has been made. An ex-minister of the States of Jersey, the parliament of the island, has criticised the handling of the case, stating that abuse cases were mishandled.

Walker told senators that all necessary resources would be use to find the abusers. “None of us imagined that children in Jersey could be abused and mistreated in the way that is being suggested,” the BBC have quoted him as saying. “I express my shock and horror that these things have apparently happened within our island.”

Specialist police from the United Kingdom have been investigating after an enquiry turned up 140 sources verifying the claims of abuse.

Retrieved from “https://en.wikinews.org/w/index.php?title=Jersey_child_abuse_case_%27was_not_covered_up%27&oldid=3038457”

categories Uncategorized | | comments Comments (0)

Las Vegas ‘chili finger’ woman arrested

">
Las Vegas ‘chili finger’ woman arrested
Story sources

Friday, April 22, 2005

Las Vegas, Nevada — The San Jose Police Department has announced that Anna Ayala, the woman who claims to have found a human finger in a bowl of chili at a Wendy’s restaurant in San Jose, California, was arrested at or near her home in Las Vegas on Thursday evening, in connection with the case.

According to court documents, she has been charged with one count of attempted grand larceny related to the chili case, and one count of grand larceny in an unrelated real estate deal, and is being held without bail in Clark County, Nevada, pending extradition. A press conference by the San Jose Police and Wendy’s was to be held on Friday, April 22, at 13:00 PDT.

Wendy’s had offered a reward of as much as $100,000 for information leading to an arrest in the case. Ayala claimed to have discovered the finger while eating at a Wendy’s on March, 22. Ayala later dropped plans to sue the restaurant after previous lawsuits, including one against another fast food restaurant, were made public.

The charges place the value of the attempted theft against Wendy’s at $2.5 million. The unrelated charge stems from an incident, also in San Jose, when Ayala allegidly received an $11,000 down payment on a mobile home she did not own. Ayala will face an extradition hearing on Tuesday, April 26.

This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.

Retrieved from “https://en.wikinews.org/w/index.php?title=Las_Vegas_%27chili_finger%27_woman_arrested&oldid=1034999”

categories Uncategorized | | comments Comments (0)

Melbourne Property Investment

Melbourne Property Investment

by

Flynn Cooper

With the Melbourne property deals market being fairly increasing, the ground rules for long standing assets augmentation stay brawny. Anchored in the inhabitants and statistic outcrops and geared up by the Australian Bureau of Statistics (ABS) report educated guesses that Melbourne will be an abode to a further 415,500 families by 2020.

Growth of population in urban areas in and in the region of Melbourne goes on with to retard the expansion in provincial Victoria. For this reason, such like factors throw in to the leasing market left behind sturdy in

Commercial Loan Melbourne

while the city carries on to have extremely near to the ground vacancy rates.

Future outline:

By performing immensely well in the current years, the Melbourne property market goes on with experiencing strapping customers since population growth from overseas has also increased. Victoria\’s population has appreciably amplified beyond the countrywide standard average and it is anticipated to prolong burdening so in the coming years.

Buying burly investment properties is more about asset selection rather than timing. Moment is impossible to constantly get right. Don\’t stay for the right time to buy. Wait for the right property to

buy.

In the vein of any bona fide land investment, finding and paying for the correct investment possessions in the accurate community have a need of cautious deliberation and examination. Purchasers are supposed to seek for bounds that have well-built optimistic characteristics.

[youtube]http://www.youtube.com/watch?v=kYShOxcIB_c[/youtube]

Outstanding featuresMeeting of expenses

Melbourne housing and investment possessions zone is doing fine and a lot of market analysts envisage it to persist doing so.

It usually offers greatly enhanced worth for wealth in comparison to other land market.

Built up stipulation

Lofty customer self-belief inspires public to build additional long lasting choices for instance buying a new home.

Enhanced colonization

Population in Melbourne is at the present growing at a swifter rate than the majority of other central cities resulting in amplification in the requirement for housing.

Find a perfect home loan!

Mortgage Brokers Melbourne finds you the best home loan.

Our Mortgage Brokers in Melbourne offers you with:

1.Extensive alternative of home loans

2.Expediency

3.Salt away excessive utilization of your money

4.Expert advice on home loans

5.Advance picking doesn t make you pay for its service

You can follow any kind of home loan including Reverse Mortgages (Seniors Loans), Home Loan Refinancing,

Low Documentation Loans

, Home Equity Loans and much more.

Commit to memory, which whilst you decide on a component as an investment, giving way to entice of levy investments is a deep seated slip up for depositors. You need not accomplish fiscal self

determination all the way through cutting back tariffs -you put on economic sovereignty in the course of the continuing wealth expansion of your assets. Hence, obtain the site correct and the

profits over and above the center expansion should tag on.

Gum to property investing essentials and pay no attention to beliefs as to wherever the market is going away, no matter if it is good or bad.

Spend in quarters that are constantly are an evidence for a population growth.

Flynn Cooper is a journalist and president of Mortgage Brokers Melbourne Group (MBMG). He is often writing about home loans,

Property Investor

,Construction Loan Melbourne and similar popular topics determines the best

Mortgage Broker

isn\’t any unique of choosing the right agent.For more details log on to financeadvocates.com.au

Article Source:

ArticleRich.com

categories Property | September 4, 2022 | comments Comments (0)

BBC spends £3.4m on sell-off

">
BBC spends £3.4m on sell-off

Friday, June 27, 2008

Newspaper The Guardian reports today that the sale of the BBC subsidiary BBC Resources Ltd., has cost £3.4m in consultancy fees — over £1m more than the £2.3m trading profit the commercial division is estimated to have made for the last financial year. Details of the failed privatisation were released by the BBC following a freedom of information request, and prior to publication of its annual report on July 8.

Fourteen months after advisers were appointed to try to sell BBC Resources Ltd., only one of the three main business units has been sold — its Outside Broadcast division to Satellite Information Services Limited (SIS), for an estimated £20m. On March 7, 2008 it was also announced that the studios operation would remain in BBC ownership and in early June, the fate of the third business was put on hold with the BBC stating that “like Studios, Post Production will remain within BBC Resources, which will continue to operate as a wholly-owned commercial subsidiary of the BBC.”

BBC Resources Ltd. made an operating profit of £6.1m for 2005-06, down from £7.4m the year before, with the BBC accounting for 83.3% of its turnover, down from 87.4% for 2004-05. Last year’s published figure for 2006-07 was £5.2 million — with BBC business at 80% of turnover.

BECTU Assistant General Secretary Luke Crawley is quoted as saying: “It’s fairly outrageous that around half the profit of the company [announced last year] has been spent trying to sell it. It’s an inordinate amount of money. The BBC was promised big returns if it sold BBC Resources but it’s only managed to sell outside broadcasts and we do not know how much it made out of that. We think the £3.4m is a poor investment.”

Retrieved from “https://en.wikinews.org/w/index.php?title=BBC_spends_£3.4m_on_sell-off&oldid=1979407”

categories Uncategorized | September 3, 2022 | comments Comments (0)

Canada’s Toronto Centre (Ward 28) city council candidates speak

">
Canada’s Toronto Centre (Ward 28) city council candidates speak

Saturday, November 4, 2006

On November 13, Toronto residents will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Toronto Centre (Ward 28). One candidate responded to Wikinews’ requests for an interview. This ward’s candidates include Howard Bortenstein, Holly Cartmell, Baquie Ghazi, Connie Harrison, Yaqoob Khan, Pam McConnell (incumbent), and Catherina Perez.

For more information on the election, read Toronto municipal election, 2006.

Retrieved from “https://en.wikinews.org/w/index.php?title=Canada%27s_Toronto_Centre_(Ward_28)_city_council_candidates_speak&oldid=435139”

categories Uncategorized | September 2, 2022 | comments Comments (0)

Frequently Asked Questions On Services Of An Electrician

1. Can the small electric tasks at home be managed on our own?

In Australian mainland, it is illegal for anyone to carry out any domestic electrical jobs such as wiring or installations of appliances without a license. Its not just risky but even if the work is upto the marking standards, it will not pass certification unless a qualified electrician undertakes it. This is even more important if you ever plan to sell the property. Further, the risk is always there or your near and dear ones since it’s not assured and tested by a professional.

2. Why does an electrician need to be licensed?

Only a licensed electrician can grant a Certificate of Compliance. It is essentially a legal document for the government which is signed by your qualified electrician on completion of the job. It basically states that the electric work was completed in compliance with the set standards of Electricity Act 1996 and hence meets all the necessary safety protocols. The Certificate can only be issued by a licensed electrician and remains with the customer for record keeping.

3. What is the avg. cost of having an electrician do repairs/installations?

Costs lie anywhere between $50 to $100 per hour, completely depending on the electrician’s experience and qualifications and the complexity of the task at hand. This fees only includes the service charges of the electrician and not any parts or spare tools.

4. How is an RCD different from a fuse?

A residual current device is just not designed to stop a circuit from overloading. It is used to prevent a fatal shock if someone touches a live wire. This level of protection is far beyond what you can get with the typical older wire fuses found in homes that were built more than a decade ago.

5. What all services can an electrician provide?

Depending on whether you are looking to get your home serviced or a commercial/ official space of yours, services and their scale varies. Services can include maintenance jobs & servicing, installation of Home Theatre & Multi-Room Audio, full house wiring, data communications, Ventilation Solutions, Lighting design & installations/audit/repair, AC servicing and installation, Security CCTVs and alarms, Heat Pumps, Solar Power Systems, Underfloor heating, automated home systems.

6. What does Home Automation essentially mean?

By better designing, programming and integrating your electrical appliances, clever home automation enables your family to enjoy greater comfort and security in your home. By making it easier for you to pick and integrate the home automation that best fits you and your family, we help you build your dream home.

‘Future proofing’, easy usage, aesthetics or energy savings include home automation advantages.

The spectrum of home automation can range from organised cabling for telephone, video intercom, internet, LAN and video, to automatic control of electric motorised blinds, motorised roller shutters, watering, air-conditioning, exhaust fans, ceiling fans, and other appliances, through home theatre and multi-room audio, automated lighting control, protection and keyless entry.

7. What is Smart Wiring? Can I install it myself?

Smart Wiring is an industry wiring standard that allows numerous telephones, Internet, fax, PAY-TV options, as well as security, audio, home automation lighting, and garden irrigation features to be accessed once installed.

The professional installers are not just experienced but also highly qualified. They are licenced and electrical cablers, who have also undergone specific accreditation training in the Smart Wired system. Only Smart Wired certified installers can install the system.

8. What makes copper wiring a first choice compared to other?

The copper wiring solutions meet all the Australian Standards and work well universally for all systems alike. Its installation is also cheaper, the product is more durable and effective than any other system that includes optic fibre or wireless systems. Its uniqueness lies in the ability to carry large amounts of data smoothly and quickly.

categories Electrical Services | | comments Comments (0)

Financial Action Task Force places United Arab Emirates on money laundering ‘grey’ list

">
Financial Action Task Force places United Arab Emirates on money laundering ‘grey’ list

Tuesday, March 8, 2022

The Financial Action Task Force (FATF) placed the United Arab Emirates on its global grey list March 4 for “strategic deficiencies” in combatting “money laundering, terrorist funding, and proliferation financing”, subjecting it to heightened scrutiny.

The UAE joins 23 countries, including Middle East neighbours Jordan, Syria and Yemen, and Pakistan and Turkey elsewhere in Asia, on the list for active cooperation with the FATF. While less severe than a ‘black’ listing, which includes Iran and North Korea, it could damage the UAE’s business-friendly reputation.

It may also subject the regime to unfavourable rate adjustments, higher costs for transactions and increased competition with fellow Gulf state Saudi Arabia. An International Monetary Fund report published May 2021 found grey-listing resulted in an average negative impact of 7.6% of a country’s GDP, which would be USD27.3 billion of the UAE’s 2020 GDP.

Paris-based watchdog the FATF says grey-listing means “the country has committed to resolve swiftly the identified strategic deficiencies”. A November 2021 follow-up to a 2020 evaluation concluded progress had been made in four areas; the UAE is considered “compliant” or “highly compliant” in 36 of forty recommendations.

In 2018, the country passed a federal decree on money laundering to ensure compliance with international organisations, and has since dedicated four specialised courts toward prosecution. The UAE also formed an Executive Office to combat money laundering and terrorist financing in December 2020. However, the FATF urges improving risk management in certain industries and facilitating domestic and international investigations and prosecutions against money laundering.

They also recommend proactive investigation to identify suspicious transactions and sanctions evasion in its economy.

The Executive Office said: “The UAE will continue its ongoing efforts to identify, disrupt and punish criminals and illicit financial networks in line with FATF’s findings and the UAE’s National Action Plan”. It also pledged “close coordination with our international partners”. Former UAE Foreign Affairs Minister Anwar Gargash wrote on Twitter the UAE remains “resolute in strengthening strategic cooperation with our partners to address this global challenge”.

Katherine Bauer, senior Fellow at The Washington Institute for Near East Policy, criticised the UAE’s “inherent vulnerabilities to illicit finance due to its role as a regional commercial and financial hub”. The former United States Treasury official added the changes needed are not those “that can happen overnight”.

In 2016 the UAE was named in the Panama Papers leak as “home to a thriving trade in financial secrecy” by the International Consortium of Investigative Journalists (ICIJ). The leak implicated numerous Emirati officials in suspicious dealings, including Prime Minister Mohammed bin Rashid Al Maktoum, who is connected with a cybersecurity firm accused of espionage.

The ICIJ called the sheikhdoms “a center for financial crime”. It cited: “Mass surveillance and the monarchy’s firm grip on the courts and media make it difficult to challenge the system or expose suspect business dealings”. Jodi Vittori, a Fellow at the Carnegie Endowment for International Peace, was quoted as saying: “the U.S. seems to have turned a blind eye to [the UAE’s] role in the facilitation of illicit finance, conflict minerals and organized crime.”

The decision to grey-list the UAE was made at the sixth plenary session of the FATF under a German presidency from March 2nd to 4th. Zimbabwe was removed from increased monitoring, and the organisation concluded France had a “robust and sophisticated” framework with room to improve.

Retrieved from “https://en.wikinews.org/w/index.php?title=Financial_Action_Task_Force_places_United_Arab_Emirates_on_money_laundering_%27grey%27_list&oldid=4669137”

categories Uncategorized | | comments Comments (0)