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Threat to cybercafés

first_imgNews India: RSF denounces “systemic repression” of Manipur’s media Indian journalist wrongly accused of “wantonly” inaccurate reporting February 23, 2021 Find out more RSF_en News Follow the news on India IndiaAsia – Pacific Organisation March 3, 2021 Find out more Receive email alerts Police in Mumbai said at the end of January 2004 that new measures against cybercrime would be put before the Maharashtra state government. The new rules would require people to show their ID and give their postal address before using a cybercafé. Owners would also have to install monitoring software at their own expense (400 euros) to block access to pornographic sites and other content deemed offensive. Examination of the new law was temporarily shelved following strong reactions from cybercafé owners in Mumbai, particularly through the APIAP.center_img Help by sharing this information News Reporters Without Borders has condemned a threat to confidentiality of cybercafés users in Karnataka State, southern India where the state governor is poised to pass new regulations forcing cafés to provide police with a register of names and addresses of all their clients.Similar measures are being studied for Maharashtra State, of which the capital is Mumbai, (formerly Bombay). April 27, 2021 Find out more RSF demands release of detained Indian journalist Siddique Kappan, hospitalised with Covid-19 Reporters Without Borders has condemned a threat to confidentiality of cybercafés users in Karnataka State, southern India where the state governor is poised to pass new regulations forcing cafés to provide police with a register of names and addresses of all their clients.Similar measures are being studied for Maharashtra State, of which the capital is Mumbai, (formerly Bombay).”Rules about to be adopted in Karnataka and Maharashtra states do not observe the standards of a democracy in protecting personal freedoms. The fight against terrorism and cybercrime should not lead to systematic monitoring of Internet-users”, said the organisation.According to the daily Times of India, the Karnataka law obliges café owners to demand that their clients produce their ID. Failing that, the user should be photographed using a webcam. All the information will have to retained in a register for one year for regular checking by the police.The local government has said this step was needed to fight cybercrime, but Ashish Saboo, president of the Association of Public Internet Access Providers (APIAP – http://apiap.cybernook.net) said, “These new measures are likely to dissuade many Internet-users from going to cybercafés and could lead to closure of almost half of them”. He added that he considered that, “keeping this type of register is completely ineffective to fight computer fraud or cyberterrorism”. IndiaAsia – Pacific News to go further September 30, 2004 – Updated on January 20, 2016 Threat to cybercaféslast_img read more

POLICE BLOTTER: Feb. 8, 2019

first_imgLocal News POLICE BLOTTER: Feb. 8, 2019 Twitter Previous articleLacoy Oshay HawkinsNext articleOdessa Police Department Uniform Crime Reports from 2014 to 2018 Digital AIM Web Support By Digital AIM Web Support – February 24, 2021 Pinterest WhatsApp Pinterestcenter_img Facebook Facebook The following is a list of felony criminal activities reported to the police. Numbered addresses of locations where crimes occur are rounded to the nearest hundred block. For a complete list, visit the Odessa Police Department’s information portal.AGGRAVATED ASSAULT WITH WEAPON A 52-year-old man reported at 4:38 a.m. Wednesday an aggravated assault with a deadly weapon incident in the 700 block of Snyder Street. A 40-year-old man reported at 12:14 p.m. Wednesday an aggravated assault with a deadly weapon incident in the 3000 block of Golder Avenue. A 45-year-old individual and two children, ages 15 and 11, reported at 4:42 p.m. Wednesday an aggravated assault of a date/family/household member with a weapon incident in the 1200 block of Autumn Avenue.ASSAULT CAUSING BODILY INJURY An 18-year-old woman reported at 6:17 a.m. Wednesday an incident involving assault causing bodily injury and criminal mischief in the 800 block of West 19th Street. A 17-year-old girl reported at 9:02 a.m. Wednesday an assault of a family member causing bodily injury incident in the 2700 block of Redwood Drive. An 18-year-old woman reported at 1:22 p.m. Wednesday an assault of a family member causing bodily injury incident in the 400 block of South Hancock Avenue. A 27-year-old woman reported at 4:08 p.m. Wednesday an assault of a family member causing bodily injury incident in the 4100 block of East 42nd Street. A 37-year-old woman and a 43-year-old man reported at 11:33 p.m. Wednesday an incident involving assault causing bodily injury and assault of a family/household member with previous convictions in the 4300 block of North Dixie Boulevard. A 37-year-old man reported at 5:36 p.m. Thursday an assault of a family member causing bodily injury incident in the 2700 block of Roger Avenue. A 34-year-old man and a 24-year-old woman reported at 11:51 p.m. Thursday an incident involving assault of a family member causing bodily injury and criminal mischief in the 3100 block of Adams Avenue.BURGLARY OF HABITATION A 60-year-old man reported at 3:54 p.m. Wednesday the burglary of a habitation in the 400 block of Pecos Street. A 40-year-old man and a 50-year-old woman reported at 12:44 p.m. Thursday the burglary of a 42-inch LG Smart TV, 30 to 40 assorted rings, a Michael Kors watch, spare car keys and other items worth more than $2,500 from a habitation in the 1100 block of Lindberg Street. WhatsApp Twitter TAGS  last_img read more

MacGill: Enda Kenny says politicians will no longer get away with corruption

first_img RELATED ARTICLESMORE FROM AUTHOR News Google+ Twitter Google+ WhatsApp Pinterest Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Facebook By admin – July 23, 2012 center_img The Taoiseach says the government intends to press ahead with a referendum to abolish the Seanad – despite the objection of six former members.Prominent former Senators from across the political spectrum today launched a campaign to save the Seanad from abolition.Enda Kenny was speaking this (Monday) evening at the MacGill Summer School in Glenties.He  said it was his belief that the people will have their say on the Seanad but that a referendum on the issue will not be rushed:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/07/enda1MACGILL.mp3[/podcast]The Taoseach said that since coming to power the government has been developing further, direct action, to tackle corruption in politics.He said as for corrupt politicians themselves, the days of ‘getting away with it’ are over:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/07/enda2MACGILL.mp3[/podcast] Previous articleGAA – Reaction To Donegal’s Ulster Championship WinNext articleMacGill : Mc Dowell defends Seanad as Taoiseach promises referendum admin Main Evening News, Sport and Obituaries Tuesday May 25th 75 positive cases of Covid confirmed in North Pinterest 365 additional cases of Covid-19 in Republic MacGill: Enda Kenny says politicians will no longer get away with corruption Further drop in people receiving PUP in Donegal WhatsApp Gardai continue to investigate Kilmacrennan firelast_img read more

Petitioner Appears To Be Suffering From ‘Litigation Dependence Syndrome’: Delhi High Court States Re-Litigation Amounts To Abuse Of Court Process

first_imgNews UpdatesPetitioner Appears To Be Suffering From ‘Litigation Dependence Syndrome’: Delhi High Court States Re-Litigation Amounts To Abuse Of Court Process LIVELAW NEWS NETWORK5 Jan 2021 1:45 AMShare This – xThe Delhi High Court recently pulled up a Petitioner for raising the same set of facts and contentions before the Court again and again, by filing different petitions. The Petitioner appears to be suffering from Litigation Dependence Syndrome, it remarked. A Division Bench of Justice Rajiv Sahai Endlaw and Justice Asha Menon was hearing an appeal filed by one HC Ram Naresh, against…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Delhi High Court recently pulled up a Petitioner for raising the same set of facts and contentions before the Court again and again, by filing different petitions. The Petitioner appears to be suffering from Litigation Dependence Syndrome, it remarked. A Division Bench of Justice Rajiv Sahai Endlaw and Justice Asha Menon was hearing an appeal filed by one HC Ram Naresh, against an order passed by the same bench. It noted that the Petitioner’s contentions had already been considered and settled in a previous order dated 8th December, 2020. According to the Court, the current appeal filed before them amounted to re-litigation “which has been held to be an abuse of the process of the Court.” Background The petitioner was in service at the Indo-Tibetan Border Police (ITBP). He was found to be suffering from Alcohol Dependence Syndrome by the Medical Board and the Appeal Medical Board of ITBP and fearing dismissal, he had filed a writ petition before the court which sought a direction to ITBP to consider a third medical report, to be prepared by AIIMS or any other hospital. The Delhi High Court had disposed of that petition by a judgement dated 8th December, 2020, reasoning that the petitioner had been referred for third opinion and thus the relief claimed in the petition stood satisfied. Findings Nonetheless, the petitioner filed the present appeal wording the relief differently, but otherwise finding faults with the order dated December 8, the Bench discerned. It propounded that filing of the new writ petition amounts to re-litigation and the same would be held as abuse of the process of the court. “The petitioner, earlier found to be suffering from Alcohol Dependence Syndrome, now appears to be suffering from Litigation Dependence Syndrome,” remarked the Court. The court ruled that the new petition had been filed by the petitioner in an attempt to delay the proceedings against him by the respondents. “The petitioner earlier approached this court against the findings of the Medical Board, without waiting for the administrative decision, if any, of the respondents to board out the petitioner from service and against which decision, if any, the petitioner would have had departmental remedies. By filing that petition and during the pendency of which there was an interim stay, the petitioner deferred/delayed the decision making, if any, by the respondents qua boarding out of the petitioner, obviously to his own advantage. The petitioner, by filing this petition is again attempting to delay decision making by the respondents, thereby perpetuating his own continuance in service, even if of no utility to the respondents.” The court refused to impede the disciplinary proceedings of the medical board at an interim stage and refused to give any advantage to the petitioner before the departmental proceedings. “Interfering at the interim stage with the disciplinary proceeding, has always been deprecated by the Supreme Court and this court in exercise of jurisdiction under Article 226 of the Constitution of India, in its discretion, ought not to vest the petitioner with any advantage.” Before disposing of the petition, the Bench added that if the disciplinary proceedings are prejudicial to the petitioner, he can utilise the departmental remedies. However, if he was still unsatisfied, the Court stated that he was welcome to invoke his right to approach the Court under Article 226 of the Indian Constitution. Case Title: HC Ram Naresh v. Union of India & Ors. Click Here To Download Order Read OrderSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Stubble Burning: Centre To Place Ordinance On Stubble Burning Before Supreme Court Next Week

first_imgTop StoriesStubble Burning: Centre To Place Ordinance On Stubble Burning Before Supreme Court Next Week Srishti Ojha8 April 2021 5:56 AMShare This – xSupreme Court has on Thursday decided to consider next week, Centre’s Ordinance framed to deal with the problem of stubble burning. SG Mehta assured the Court that the Ordinance, with modifications approved by the Cabinet yesterday will be placed before the Court next weekA three-judge Bench of CJI, Justice Bopanna and Justice Ramasubramanian was hearing a PIL filed in 2020 seeking directions…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginSupreme Court has on Thursday decided to consider next week, Centre’s Ordinance framed to deal with the problem of stubble burning. SG Mehta assured the Court that the Ordinance, with modifications approved by the Cabinet yesterday will be placed before the Court next weekA three-judge Bench of CJI, Justice Bopanna and Justice Ramasubramanian was hearing a PIL filed in 2020 seeking directions to govt of Punjab and Haryana to ensure complete ban on stubble burnings in their respective states & providing stubble burning machines to small and marginal farmers.The Bench decided to hear the matter next week, after a request seeking the same was made by SG Tushar Mehta. During the hearing, SG Tushar Mehta informed the Court that there is already an ordinance which has been approved.However, Senior Adv Vikas singh appearing for one of the petitioner opposed his submission and stated that the Ordinance was brought in only to stall the Judge who was appointed by the Court to oversee with this.”Again we will come by September, again the same problem will start. Let them file a proper status report if proper Body was properly constituted, if they intend bring in a law by Parliament.” Singh said.SG refused to respond to the first part of submission made by Mr Singh, saying that it was made irresponsibly. “Yesterday Cabinet has approved some modifications in the ordinance and i will place the Ordinance on next week.” SG said.SG Tushar Mehta had in October 2020 informed the Court that the Central Government was bringing a comprehensive legislation to set up a permanent body to address the problem of stubble burning.In that view of the matter, the SG had urged the bench to keep in abeyance the October 16 order appointing Justice Madan B Lokur as a One-Man Committee to monitor steps taken to tackle problems related to Stubble burningThe present plea has been filed by a 3rd year law student, Aman Banka and a Class XII student, Aditya Dubey highlighting that stubble burning contributes to almost 40-45% of air pollution in Delhi.The plea has been filed to ensure that the Air Quality Index level in Delhi-NCR does not critical levels during the stubble burning season this year, especially in view of the prevailing Covid-19 Pandemic.The petitioners have sought issuance of necessary directions to the Respondent-States to ensure availability of appropriate stubble removing machines, free of cost, to the small and marginal farmers of the concerned states.They argued that stubble fires in Punjab & Haryana are a direct result of the “inability of the small & marginal farmers to purchase or rent out stubble removal machines due to financial incapacity”, which leaves them with no option but to burn the plant residue in their fields.Supreme Court had on 16th October 2020 accepted the suggestion made in this plea to appoint a one-man committee of Justice Lokur to prevent stubble burning, stating that the Chief secretaries of Punjab, Haryana & UP will enable Justice Lokur to order to devise additional means and methods for preventing burning or stubble in the states.The Court had further observed that the NCC, NSS & Bharat Scouts & Guides be deployed in the respective states for assisting in the monitoring of stubble burning in the agricultural areas in the states.However, the Apex Court had later decided that its order passed to appoint Justice Lokur, as a one-man panel monitor the steps taken to tackle the problem of stubble-burning be kept in abeyance.The decision was taken after Solicitor General of India Tushar Mehta had submitted that the Central Government was bringing a comprehensive legislation to set up a permanent body to address the problem of stubble burning.The Supreme Court in November 2019 had taken note of air pollution in Delhi-NCR and had passed a slew of directions. The State Governments were directed to ensure that no further crop stubble burning takes place.Further, a ban was imposed on construction and demolition activities in Delhi and NCR. The Court had further highlighted that punishing the farmers for stubble burning was not the ultimate solution, but to provide them with the basic facilities and amenities.In January 2020 the Court passed several directions, dealing right from the problem of stubble burning to vehicular emissions and construction dust in Delhi. The Central Government and the State Governments of Punjab, Haryana and UP were directed to prepare a comprehensive plan to prevent stubble burning.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Lanzi scores 20 to carry Denver past Utah Valley 74-62

first_img FacebookTwitterLinkedInEmailDENVER (AP) — Joseph Lanzi had a career-high 20 points as Denver defeated Utah Valley 74-62 on Saturday.Jase Townsend had 18 points and Ade Murkey added six rebounds for Denver (1-1).Brandon Averette had 17 points for the Wolverines (1-1). Trey Woodbury added 12 points and six rebounds and Isaiah White had 9 points and 10 rebounds.Denver matches up against Utah State on the road on Tuesday. Utah Valley takes on Ottawa (AZ) at home on Tuesday. Tags: Denver Pioneers/Joseph Lanzi/UVU Wolverines Basketball Associated Press Written by November 9, 2019 /Sports News – Local Lanzi scores 20 to carry Denver past Utah Valley 74-62last_img

USA: Mikros Systems Corporation to Exhibit at Navy Opportunity Forum

first_img View post tag: Corporation View post tag: opportunity Industry news Back to overview,Home naval-today USA: Mikros Systems Corporation to Exhibit at Navy Opportunity Forum Mikros Systems Corporation announced on June 1 that the Company plans to exhibit at the upcoming Navy Opportunity Forum from June 4-6 at the Hyatt Regency in Crystal City, Virginia.Mikros will be showcasing an Energy Harvesting MicroBuoy, which was developed under the Navy’s Small Business Innovation Research (SBIR) program and incorporates the wave energy conversion technology of Ocean Power Technologies. Chuck Bristow, Vice President of Engineering, will be presenting a briefing on Monday, June 4, at 10:05 a.m. Eastern.The Navy Opportunity Forum provides a preview of over 250 technologies funded by: the Navy’s SBIR and Small Business Technology Transfer (STTR) programs; the Navy’s Office of Research and Technology Applications (ORTAs); and the Department of Energy’s Office of Energy Efficiency and Renewable Energy. The Forum provides a unique opportunity to examine technologies and initiate relationships with small advanced technology firms.[mappress]Naval Today Staff, June 4, 2012; Image:mikrossystems View post tag: Mikros View post tag: exhibit June 4, 2012 View post tag: forumcenter_img View post tag: Naval View post tag: Systems View post tag: News by topic View post tag: Navy USA: Mikros Systems Corporation to Exhibit at Navy Opportunity Forum View post tag: usa Share this articlelast_img read more

Postdoctoral Research Associate in Formulation Science, Center for Translational Medicine

first_imgDemonstrated experience and/or knowledge in the followingtechniques: State of MontanaVisit Montana Developing structure activity relationships within a class ofcompoundsGenerating panels of derivativesAnalysis of purity and structure determination of complexproducts and their derivativesManuscript writingAbility to use experimental data to rationally develop the nextexperiment University of MontanaUniversityHighlights City ofMissoulaDestinationMissoulaVideo: There’s ThisPlaceMissoula AreaChamber of Commerce Demonstrated experience of excellent research capabilitiesrequired to carry out innovative and insightful researchAbility to identify, analyze and summarize relevantliteratureAbility to devise and articulate a research plan with definedgoals, and design sound experimental strategies with appropriatecontrolsProven record and ability to produce research to a highpublication standardAbility to learn and apply new skills appropriate to conductnecessary researchKnowledge and experience in a laboratory environmentProven ability to communicate complex ideas and concepts (bothorally and in writing) to scientific and non-scientificaudiencesAbility and willingness to undertake collaborativeresearchAbility to supervise and mentor undergraduate and graduatestudentsAbility to maintain a safe working and learningenvironmentAbility to achieve project goals within time and budgetStrong theoretical and empirical backgroundAbility to manage several projects of a highly complex naturesimultaneouslyAbility to actively participate in professionaldevelopmentWillingness to assist with the daily administration of thelaboratory (lab safety, orderliness, supplies, and reporting) Required Education and SkillsPh.D. in Chemistry, Pharmaceutical, Biomaterials, BiomedicalScience or related science (current or within 2 months for currentgraduate students). The Postdoctoral Research Associate will work under the supervisionof Dr. David Burkhart in the Center for Translational Medicine(CTM) as part of an interactive multidisciplinary research teamfocused on the discovery and development of novel vaccine adjuvantsand immunomodulators in the Center for Translational Medicine atthe University of Montana, Missoula MT. This is an excellentopportunity to join a world-class multidisciplinary vaccineresearch team that is well funded and has strong connections inboth academia and industry. We are looking for highly motivatedcandidates with a strong working knowledge of vaccine/drugformulation, bioconjugation and delivery, nanoparticle technology,pharmaceutical science, organic and analytical chemistry with asolid understanding of biochemistry or biological systems.This is viewed as preparatory for a full-time academic and/orindustrial research career. Dr. Burkhart has over 12 years ofpharmaceutical industry experience and is part of a world-classresearch team in the field of vaccine adjuvant discovery anddevelopment. The appointment involves substantially full-timeresearch and the appointee has the freedom, and is expected, topublish the results of their research or scholarship during theperiod of the appointment.The appointee is expected to be both highly independent andcollaborative, and they will have significant leeway in the scopeand design of projects. A key requirement is that the individual isable to see intellectually and technically complex projects throughto their conclusion, which will involve developing methodologicalapproaches and reviewing, analyzing, and interpreting scientificdata and results from the project. Great autonomy and ability toexhibit independent decision making is expected in designing andimplementing strategies for achieving shared research goals.The postdoctoral associate will work independently and as part of alarger project team to design, execute and interpret experimentsthat contribute to the development and accomplishment of projectstrategies. The appointee will write papers for publication basedon research, compose projects reports and contribute to grantapplications; present at seminars and national meetings; andparticipate in research group meetings that may include oral and/orwritten brief reports.The appointee will be expected to develop a working knowledge ofrelevant UM policies, procedures, and compliance issues. Thepostdoctoral associate may be asked to supervise research personnelincluding undergraduate and/or graduate students, providingtraining and guidance with regard to specific techniques. Theappointee may assist students in their research efforts, acting asa resource and a mentor. This requires good communication andteaching skills and thorough knowledge of the technical aspects ofthe various scientific procedures to be conducted. Preferred QualificationsDemonstrated experience and/or knowledge in some or all of thefollowing techniques: About the Center forTranslational Medicine , UM , and MissoulaThe Center for Translational Medicine (CTM) at the University ofMontana is a multi-disciplinary research center that assistsfaculty, staff, and students in the translation of pre-clinicalresearch discoveries from bench to bedside. The Center works acrossthe Montana University System to facilitate the ability ofUniversity researchers to better advance the clinical and/orcommercial potential of their basic science discoveries.The University of Montana is a unit of the Montana UniversitySystem with approximately 12,000 undergraduate and graduatestudents and 500+ full-time faculty members. It is located inMissoula, a culturally vibrant community of about 70,000,surrounded by mountain grandeur which was recently ranked in the “top 20 best college towns with a population of less than250,000 ” by the American Institute for Economic Researchand ranked 9th in Outside Magazine’s “ The 16 Greatest Places to Live in America ” in 2014.Many national publications recognize Missoula for its high quality of life . Abundant recreational opportunities insurrounding state and national forests and nearby Glacier NationalPark and Yellowstone National Park complement a thrivingintellectual atmosphere.UM is an Affirmative Action/Equal Opportunity employer and has astrong institutional commitment to the principle of diversity inall areas. In that spirit, we are particularly interested inreceiving applications from a broad spectrum of qualified peoplewho would assist the University in demonstrating its five priorities for action : Place student success at the center ofall we do; drive excellence and innovation in teaching, learning,and research; embody the principle of “mission first, peoplealways”; partner with place; and proudly tell the UM story.To learn more about the University of Montana, Missoula, and theState of Montana, please visit the links below. Letter of Interest addressing the stated required skillsfor the positionDetailed resume listing education and describing workexperienceNames and contact information for three (3) professionalreferences Position DetailsThe position is a full-time Letter of Appointment and includesa competitive salary and comprehensive benefits package (i.e., MUS health insurance benefits,mandatory retirement plan, partial tuition waiver, and wellnessprogram).Salary for this position is $52,000 Bioconjugation chemistry and/or analytical characterization ofbioconjugatesFormulation of vaccines/APIsAnalytical characterization of formulated APIs, includingstability analysisAnalytical method development and troubleshootingExperimental design with appropriate controls includedAbility to use experimental data to rationally develop the nextexperiment Criminal Background Investigation is required prior to the Offer ofEmployment In accordance with University regulations, finalists forthis position will be subject to criminal backgroundinvestigations. ADA/EOE/AA/Veteran’s Preference Reasonableaccommodations are provided in the hiring process for persons withdisabilities. For example, this material is available inalternative format upon request. As an EqualOpportunity/Affirmative Action employer, we encourage applicationsfrom minorities, veterans, and women. Qualified candidates mayrequest veterans’ or disabilities preference in accordance withstate law. References: References not listed on theapplication materials may be contacted; notice may be provided tothe applicant. Testing: Individual hiring departments at UMmay elect to administer pre-employment tests, which are relevant toessential job functions. Employment Eligibility: All NewEmployees must be eligible and show employment eligibilityverification by the first date of employment at UM, as legallyrequired (e.g., Form I-9).How to ApplyPriority Application Date: February 15, 2021 by 11:59 PM(Mountain Time)Applications received by the date above will be guaranteedconsideration. Application review will begin after date above andcontinue until the position is filled.Please submit the following application materials via “NewResume/CV” button below.*Please note: only five (5) attachments are allowed perapplication. Please combine documents accordingly. Job LocationMissoula,Montana, United StatesPositionTypeFull-Time/Regularlast_img read more

Asset consultants unhelpful, new Oxford report suggests

first_imgA controversial new study has found that funds recommended by professional consultants show no signs of higher returns. In fact, non-recommended funds generally out-perform those backed by ‘expert’ opinion, albeit marginally.Using data from that accounts for 91% of the US investment consultancy market over the last thirteen years, the study has found that recommended products show no higher return than those that are not recommended. This means that when the cost of using these consultancy services is taken into account institutional investors are making a net loss.With 82% of the US market using these consultants, there is a large industry of advisors whose professional advice has absolutely no effect on output. The study found that advisors were more likely to recommend investments based on soft factors than on the fund’s previous performance, and that consultants tend to prefer backing large funds. Subsequently, advisers often gave the same advice to all of their clients in order to better control their own work load.The study also suggested that investors found the advice ‘comforting’ and helped them explain their decisions to stakeholders. As of June 2011, just over half of the 25 trillion dollars of global institutional investment were advised on by investment consultants.last_img read more

Justices Reinstate Conviction Divided COA Reversed

first_imgDave Stafford for www.theindianalawyer.comThe Indiana Supreme Court on Thursday affirmed a man’s misdemeanor failure to identify conviction that had been reversed by a divided panel of the Court of Appeals.Justices reinstated the Class C misdemeanor conviction and $100 fine imposed on Corey T. Weaver, who initially refused to give his name or date of birth when an officer stopped him for an inoperable license plate light. Weaver couldn’t produce a license and initially identified himself as “Mr. Weaver,” but he refused to provide his first name or date of birth. Weaver eventually provided the information after about 16 minutes of questioning. He was convicted in a Hendricks County bench trial.“We agree with Judge Altice that the evidence was sufficient to support Weaver’s conviction under Indiana Code section 34-28-5-3.5,” justices wrote in a two-page per curiam decision affirming the trial court.Judge Paul Mathias wrote the majority Court of Appeals opinion joined by Judge James Kirsch that would have reversed the conviction. While calling Weaver’s conduct reprehensible, the majority reversed because his eventual cooperation meant that state failed to meet its burden of proving Weaver refused to provide his mane, address and date of birth.FacebookTwitterCopy LinkEmailSharelast_img read more