View post tag: Hamburg View post tag: Naval Germany: HMS St Albans Joins Celebration of Hamburg Harbour’s 823rd Anniversary View post tag: HMS St Albans View post tag: Navy Share this article View post tag: celebration Training & Education View post tag: Germany View post tag: News by topic View post tag: joins View post tag: Anniversary View post tag: UK Back to overview,Home naval-today Germany: HMS St Albans Joins Celebration of Hamburg Harbour’s 823rd Anniversary View post tag: harbour Upwards of 1½ million people saw HMS St Albans as the Portsmouth warship took part in the world’s largest harbour festival. The frigate sailed up the Elbe to Hamburg to take part in the 823rd ‘birthday’ of the great port.The Type 23 frigate visited the great Hanseatic port as part of strengthening international relations and also to help Germany celebrate the 823rd anniversary of Hamburg harbour – a birthday marked each year by a river festival.During the long passage down the Elbe river, she took part in the Teufelsbrück Parade where she lined up as ship number 49 out of 91 visiting vessels.For the Hafengeburtstag (‘harbour birthday’) festival, she was accompanied by a host of international warships, including the brand-new Indian frigate Teg on her maiden voyage, a French ocean tug Tenace and two Danish patrol boats.The Deutsche Marine was represented by the submarine U34, fast patrol boat Zobel, minesweeper Pegnitz and the frigate Mecklenburg-Vorpommern.An estimated one and a half million people flocked to the banks of the Elbe for the three-day festival.The Saint’s ship’s company were involved in many events, including official receptions on the German and Indian frigates, international shooting and football competitions and visits to the maritime museum and Thyssen Krupp ship yard.HMS St Albans hosted a number of visits and enjoyed pride of place beneath a spectacular firework display on Saturday night.The frigate’s football team played an international five-a-side tournament against teams from Russia, France, India, Poland and Germany.The matches were very competitive and resulted in St Albans winning the tournament with a penalty shoot out against the Germans (yes, that surprised us as well…).AB(Sea) John Bayne said:“Both St Albans’ teams were highly-impressed by how organised and well-run the tournament had been and would like to say thank you to the organisers and all teams who participated.“It was a hugely enjoyable day and one we would definitely look forward to again in the future.”HMS St Albans shooting team were equally successful, taking sixth, fourth, second and first places against international opposition which included French, Russian, Norwegian and German competitors.St Albans visited Hamburg on the back of a stop in Reykjavik for an informal visit to strengthen ties with Iceland.During the visit she hosted an official reception and capability demonstration, opened the ship to visitors and took part in an act of remembrance in Hvalsfordur to mark the 70th anniversary of the high point of the Arctic convoys to the USSR in World War 2.[mappress]Naval Today Staff , May 17, 2012; Image: Royal Navy May 17, 2012 View post tag: 823rd
Government proposals to introduce new taxes for non-domicile workers living in the UK has created concern among foreign academics at Oxford.Under the new system, currently being championed by the Chancellor, Alastair Darling, non-domiciled residents would have to pay tax to the UK government on their offshore income unless they agree to an annual levy of £30,000.The proposals have caused anxiety in the academic community as critics of the new tax system have argued that it could drive foreign academics back to their home countries, making it harder for university faculties to secure funding and donations from international sources. Oxford’s pool of foreign academics have responded to the news with mixed reactions. Arietta Papaconstantinou, from the Faculty of Oriental Studies, said,“There are number of academics here who come in after having completed their doctorates abroad, so this legislation would certainly affect us.“There have already been problems with this system [non-domicile taxation] in French universities, where we saw people running from academic bases [after taxes were increased].“This legislation would be very bad for visiting Fellows in the colleges, most of whom are on paid sabbatical leave,” she added.Professor John Muellbauer said that there would be “serious implications for non-domiciles” were the government’s proposals to be introduced.“I imagine there would be some people who would be badly affected by [this tax]. I’d be most worried about the implications for teaching at Oxford, [it] being an international university.”Professor Peyton Young, James Meade Professor of Economics, is an American working at Oxford. He said, “I moved to Britain with the expectation of [tax] arrangements staying the same. It would be a nasty surprise to have the law changed so suddenly and without much thought.”A report in the Financial Times of the 21st February included comments from Julian Birkinshaw, Deputy Dean of the London Business School, who expressed concern that the tax proposals would damage the international composition of academics in the UK. But the report was quickly followed by the publication of a letter from Christopher Joubert, who disagreed with the opinion that the London Business School would be adversely affected by any non-dom taxation.“As an alumnus of the London Business School I am embarrassed by Julian Birkinshaw’s attempt to jump on the non-dom bandwagon by arguing that the school’s standing is threatened by the effect of the proposed taxation arrangements on overseas staff […] The school should be paying its staff post-tax salaries of a level sufficient to attract and retain them, irrespective of their tax status.”Knick Harley, Professor of Economic History at Oxford added, “I doubt it will have any major impact. It certainly didn’t factor in my decision when I took up my post here.“[The proposals] could have an affect if they change the position of donors who might become disenamoured with the UK.”The tax proposals have faced a spate of criticism from the national media. The latest round of debate has focused on the possibility that universities will be short-changed if wealthy non-dom donors decide to leave the country and take their financial support with them.Alastair Darling is expected to unveil the proposals in full as part of his budget next month.Non-Domiciles explainedDaniel M. FeingoldStrategic Tax Planning‘Domicile’ is a legal term which indicates where an individual’s permanent home is located and thereby which national law their personal affairs are subjected to.Someone can claim non-domcile status if their permanent home is not the country in which they are currently working or living.As such, under current legislation, non-domiciles are only liable to be taxed on sources of income and capital gain which they bring into the UK from outside.Assets which remain in their home countries, however, are untouched. The chancellor’s proposals would mean that non-domiciles who have lived in the UK for more than seven tax years would have to face paying a tax on their offshore assets or an annual levy of £30,000.The people who are really going to be affected by this are the very wealthy or the super-rich, who will be able to pay the £30,000 annually as a cheaper option than paying tax.For academics, the real concern is if such welathy people decide to re-locate away from institutions like Oxford and therefore feel less inclined to support or provide donations to the university.”Cherwell News Team
Associated British Foods (ABF) is proposing to close British Sugar’s York and Allscott beet sugar factories after the end of the 2006/7 campaign, leaving it with four UK factories.George Weston, chief executive of ABF, said the move will boost efficiency: “We intend ultimately to produce more sugar from four UK factories than we currently produce from six.” ABF also plans to buy the 83,000 tonnes of additional sugar quota available in the UK as a result of the reform of the EU sugar regime. The news follows the consolidation of British Sugar’s Polish operations into two factories last year and an application to acquire 11,000 tonnes of additional sugar quota available in Poland.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 54-year-old Huntington man riding a Harley Davidson motorcycle was killed Friday night in a collision with another vehicle in Plainview, Nassau County police said. The fatal crash occurred on Woodbury Road shortly after 11 p.m., police said. Robert Stawkowski was operating the 2001 Harley Davidson when it collided with a Toyota turning onto Woodbury Road, police said. Stawkowski was traveling with a 41-year-old female passenger at the time of the crash, police said. The motorcycle was unable to avoid making contact with the rear of the car, police said. Stawkowski was pronounced dead at the scene, police said. The woman was transported to a local hospital for treatment of her injuries. Police did not characterize her injuries. The 21-year-old driver of the Toyota was not injured. Both vehicles were impounded for a brake and safety check, police said, adding that there appears to be no criminality at this time.
ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr A homeless Florida man who allegedly ran a $1.3 million multi-state car rental and credit union fraud scheme is scheduled to be arraigned on 12 bank fraud felonies in Duval County Circuit Court on Sept 6.George Christopher Jackson, 35, allegedly recruited and paid numerous individuals up to $1,200 to open an account at the $7.7 billion VyStar Credit Union in Jacksonville. He then instructed them to obtain the credit union’s credit card and use it to rent luxury vehicles such as Maserati, Porsche, Jaguar, Cadillac, Land Rover and Mercedes.Most of the cars were rented from rental companies at the Orlando and Jacksonville International Airports. The individuals who rented the cars said they handed them over to Jackson at a location near the airports. In other cases, the individuals drove the cars to Atlanta, Ga. for selling or leasing them, Jacksonville Sheriff investigators said in an affidavit. continue reading »
156SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Ed SanFilippo Edward J. SanFilippo is a freelance writer, editor, and researcher with expertise across a broad range of topics. He has nearly 20 years of experience writing for public agencies, private … Web: www.financialfeed.com Details If you save the money for your trip before you book the flight, Kayak Explore can be a fun way to travel within your budget while visiting places you might not have otherwise considered. Solvency and adventure are a win-win! In a 2017 survey, 74% of respondents admitted they’ve gone into debt to pay for a vacation. Particularly for families with children or pets (or both), these costs and debts can add up quickly and create as much stress as the vacation is intended to ease. If you’re planning a trip and are as determined to get out of town as you are to avoid vacation debt, Kayak Explore might be a good option to check out.Here’s how it works:Click the More tab on the Kayak website and then select Explore.Choose your home airport and select dates. You can be as specific (“5/25-5/31”) or as general (“June”) as you want. You can also choose a trip duration in conjunction with general dates (“nine days” and “June”).Customize your options for flight duration and whether you prefer nonstop routes.Choose your budget.If you have some specific activities you’d like to check out, but aren’t sure where you can afford to find them, Kayak provides curated lists that will help you find a destination that matches your budget and activity goals.The map will automatically update with your options as you go!
(WBNG) — The Centers for Disease Control & Prevention released guidelines on how to open schools amid the COVID-19 pandemic. The 60-page document discussing the details of reopening can be read by clicking here. For information on schools, go to page 45. On Thursday, Governor Andrew Cuomo announced Summer schools will not be session. Recommendations include: Staff must wear face coverings but are only encouraged for studentsHighly-touch surface areas must be cleaned frequentlyKeep the same groups of students and teachers together with limited mixingCancel field trips, events and other extra curricular activitiesDesks must be six-feet apartServe meals in classrooms, not in dining hallsConduct daily health screenings/temperature checks
“Whether they’re eating out at a restaurant or walking or jogging down the street they still wear their masks, and I just feel like they’re doing such a good job there that it’s better for her to be there than other campuses where they’re in dorms so I feel good about it,” she said. One mother-daughter duo was making the trip from Buffalo to move her daughter back into college in New York City, despite her classes being held online due to the coronavirus. Lauren Kabeary says she’s been impressed with how New York City has handled the coronavirus pandemic in the past few months and is confident her daughter will be safe there. She added that considering the impact of the pandemic, she’s surprised by how many people were out on the roads. The Whitney Point Travel Stop on Interstate 81 was bustling with families stopping for a quick rest or a bite to eat, some even using the grassy areas around the building to have a family picnic. WHITNEY POINT (WBNG) — Monday was a big travel day for many travelers who were making a trip home after the long Labor Day weekend.
From the Cultural Center of St. Marin – Croatia are extremely satisfied and congratulated their associate on the support and cooperation in preserving this tradition. “We hope that the entry of Martin in the Register of Protected Croatian Cultural Intangible Heritage will contribute to an even better connection of Martin places and the preservation of St. Martin’s heritage and its even stronger promotion in the context of the European Cultural Itinerary Sv. Martin, European, symbol of sharing, common value”, They stated from the Center, and Zagorje.com reports. Martinje as a holiday, when the must turns into young wine, was incorporated into the regiment Source / photo: Facebook: Cultural Center of St. Martin – Croatia; Zagorje.com The hymn “Saint Martin has come”, wine orders, statutes and rules, and a ceremonial act of baptism of the must is performed alongside the wine breviary. By organizing Martin’s festivities and pals with “symbolic” Martin’s goose with grinders, young wine, chestnut shoot, mustard noodles and other delicacies, customs are respected, tradition continues and shows and manifests hospitality, point out the Tourist Board of St. Martin. Thus, Martinje became a cultural asset thanks to the Cultural Center of St. Martin – Croatia and the City of Dugo Selo. Cultural Center of St. Martin – Croatia received a Decision from the Directorate for the Protection of Cultural Heritage of the Ministry of Culture of the Republic of Croatia, which establishes that the Croatian traditions of celebrating St. Martin Bishop have the status of an intangible cultural property in the sense of Article 9, paragraph 1, indent 2 of the “Law on the Protection and Preservation of Cultural Property”.
Mark Thompson, CIO at the fund, told IPE it plans to add a global bond fund to its options that is set to be managed by H2O Asset Management.Its global equity funds will be adjusted towards emerging markets, which will now account for 15% of holdings.Other non-UK equity holdings will increase to 75% of the fund, up from 60%.The fixed income and index-linked bond funds are both changing to pre-retirement funds to allow a more flexible allocation between long-dated UK Gilts and long-dated corporate bonds, thus moving away from the current prescriptive 50/50 split.Thompson said changes would allow its bond investments to better match annuities and with a duration hedge.The scheme is also adding an emerging market fund from Schroders and a diversified growth fund (DGF) from Investec Asset Management to add capacity to current managers.HSBC will add the choice of the capital lifestyle system from April 2015.The option will be designed to invest 100% in equities until 20 years before retirement before swapping into a DGF. Three years before retirement, funds will shift 25% into cash, allowing the member to access income drawdown.Thompson said HSBC had no plans to offer income drawdown in-house but would consider its approach as the product developed as an offering in the market.“We do not have predictions internally of how many people will use the capital lifestyle strategy, but it is important to have in there ready,” he added.The default annuity lifestyle investment strategy will remain 100% allocated to passive global equities until 20 years before retirement, before gradually investing in the scheme’s DGF offering.At 10 years before retirement, the strategy is equally split between global equities and DGF and begins moving into the fixed income bond fund. It shifts to a 25% cash allocation five years prior to retirement.The cash lifestyle option will be rejuvenated, becoming the default investment option for around 5,000 DB members transferring when the scheme closes to future accrual in July.Cash lifestyle has been used for DB members using the DC scheme for additional voluntary contributions (AVCs) – with members generally taking DC savings as a tax-free cash lump sum.The bank’s DB scheme closed to new members in 1996, meaning all current active members have significant built-up accrual rights in the final salary scheme.Read Taha Lokhandwala’s feature on the future of UK pensions and DC investment strategies The £2bn (€2.6bn) defined contribution (DC) HSBC UK Pension Scheme is keeping an annuity lifestyle strategy as its default option as it shakes up investment offerings.The scheme has created a new ‘capital lifestyle’ option for members to access income drawdown and will further utilise its ‘cash lifestyle’ for members moving from its defined benefit (DB) scheme.As the bank’s schemes prepares for the DC freedoms announced in last year’s Budget, it still believes the annuity lifestyle system – which moves from equities to diversified growth to annuity-matching strategies – will remain key for employees.The fund is also amending underlying investment funds offered to its DC members, increasing the total number on offer to 13, while amending six.