Genco and Baltic Trading Sign Merger Agreement

first_imgzoom Dry bulk specialists Genco Shipping & Trading Limited and its subsidiary Baltic Trading Limited have entered into a definitive merger agreement under which Genco will acquire Baltic Trading in a stock-for-stock transaction. The new company will own a combined fleet of 70 dry bulk vessels with an average age of 8.8 years and an aggregate carrying capacity of approximately 5,159,000 dwt.Under the terms of the agreement, Baltic Trading will become an indirect wholly-owned subsidiary of Genco, and Baltic Trading shareholders will receive 0.216 shares of Genco common stock for each share of Baltic Trading common stock they own at closing, with fractional shares to be settled in cash.Genco shareholders are expected to own approximately 84.5 percent of the combined company and Baltic Trading shareholders are expected to own approximately 15.5 percent of the combined company. Genco expects to have its stock listed on the NYSE after the transaction.“By combining Genco and Baltic Trading we are creating an industry leader that is well positioned for future growth and expansion, and we are excited about our future prospects. Through this combination, we expect to benefit from having a larger platform and solid financial position for value creation,” John C. Wobensmith, President of Genco and President and Chief Financial Officer of Baltic Trading, said.”The transaction will simplify our ownership structure, enhance the combined company’s scale and operations and reduce overhead. We appreciate the continued support of our commercial banks and look forward to continuing to provide our charterers around the world with best-in-class shipping services.”Following the customary closing conditions and approvals, the transaction is expected to close in the third quarter of 2015.In addition, Genco’s wholly-owned subsidiaries have entered into a loan agreement providing for a new USD 60 million revolving credit facility with ABN AMRO Capital USA LLC and certain other lenders, with an uncommitted accordion feature that, if exercised, will upsize the facility up to USD 150 million in total.Genco has also entered into an agreement to acquire all of the shares of two single-purpose entities that are wholly owned by Baltic Trading, each of which owns one Capesize dry bulk vessel, for an aggregate purchase price of USD 68.5 million. Through the transactions, Genco is acquiring the vessels known as the Baltic Lion and the Baltic Tiger, which will continue operating under their current time charters.last_img read more

More cases of women who received labourinducing drug emerging lawyer

first_imgMONCTON, N.B. — A lawyer retained by women who suspect they were improperly given a labour-inducing drug says the number of alleged victims of a Moncton nurse’s inappropriate treatment is growing.The Horizon Health Network has publicly confirmed there were “at least two” pregnant women who had to receive emergency intervention after receiving the drug inappropriately from the registered nurse.A spokeswoman has also said 40 more women had come forward as of Tuesday seeking information from the Moncton Hospital about their treatment.The health agency declined further comment on Sunday, citing an ongoing criminal investigation by the RCMP.However, John McKiggan, a medical malpractice lawyer based in Halifax, says he and the Moncton firm Fidelis Law are now representing “dozens” of women who suspect they were also treated by the nurse.The lawyer said more than two women have told him the Moncton Hospital has informed them they were also victims of the inappropriate administration of oxytocin by the nurse.“I know for sure there are more than two because the hospital has told women that they were a victim of this nurse,” McKiggan said, though he said he is unclear on the total numbers.Oxytocin is a drug given to women to induce and speed up labour by causing the uterus to contract.Hospitals normally have strict policies in place requiring pregnant woman receiving the drug to be closely monitored for adverse effects from the sudden contractions, as they may lead to a reduction of oxygen flow to the baby.“It’s a terribly dangerous drug and one you have to carefully monitor. And it would be shocking that a nurse could have access to oxytocin without a hospital knowing that, and it being administered without anyone else being aware of it,” said McKiggan.The Halifax-based lawyer says women who were hooked up to an IV and who started suffering strong contractions shortly after receiving the IV have been contacting the hospital and his office.He said the hospital should be providing women with more information, as in some instances the mothers aren’t being told if the registered nurse being investigated was involved in their treatment.The hospital “should be acknowledging their responsibility for what happened and offering whatever information they can to mothers who were concerned about whether or not they were victimized,” he said in an interview.“I spoke to one mom this week who called the hospital to try and find out if the nurse involved was part of her labour and delivery team … but the hospital refused to tell her whether the nurse was on the team.”Horizon Health spokeswoman Emely Poitras referred The Canadian Press to a prior posted comment by the hospital which invites women “who experienced quick onset labour” to contact the health agency and discuss their medical concerns.The Moncton Hospital has confirmed that the unidentified nurse had been fired after at least two pregnant women were allegedly given the drug oxytocin inappropriately.Dr. Ken Gillespie, the hospital’s chief of staff, has said the pregnant women required emergency intervention but added the mothers and their babies were not harmed.RCMP have confirmed they are investigating the case, but were unavailable for further comment on Sunday.Some research has suggested oxytocin can cause the uterus to tear, with potentially catastrophic consequences.Horizon Health operates the Moncton Hospital and 11 others, along with more than 100 medical facilities and clinics in New Brunswick.— by Michael Tutton in HalifaxThe Canadian Presslast_img read more

CIBC announces dividend hike share buyback

TORONTO — CIBC says its net income in the quarter ending July 31 was $841 million, compared with net income of $591 million for the same period last year.Diluted earnings per share in the quarter were $2, compared with $1.33 a year ago.CIBC says its revenue was $2.1 billion in the quarter, up 2% from the third quarter of 2011, primarily due to volume growth across most products and higher fees, partially offset by narrower spreads.[np-related /]The bank also announced a quarterly dividend increase of four cents or 4.4% per share on common shares for the quarter ending Oct. 31, 2012. CIBC also said it intends to buy for cancellation up to a maximum of 8.1 million or approximately 2% of its outstanding common shares.On average, analysts were expecting the bank to report earnings per share of $1.96, according to a poll by Thomson Reuters. Revenue was anticipated to be $3.17 billion.In its second-quarter outlook for 2012, the bank warned that its retail and business banking operations could face “slightly slower growth in demand for mortgages, while consumer credit demand could continue to see limited growth.”CIBC has been tightening expenses.During the quarter, it bought MFS McLean Budden, which has a $1.4-billion portfolio of high net worth clients, from Sun Life Financial.Also in the quarter, CIBC said it would wind up operations at its FirstLine Mortgage business after it failed to find an acceptable buyer. It had tried since March to shop around its FirstLine mortgage-broker unit.The bank will stop selling new mortgages through the division as it moves to exit the business in favour of selling CIBC-branded mortgages, which have better margins.CIBC has more than 42,000 employees across its operations, including retail and wholesale banking and financial services, serving more than 11 million customers. read more

Federal election 2019 roundup Gerald Butts joins up with Trudeau on eastern

Day eight of the 2019 federal election begins with Justin Trudeau making an announcement for seniors in Fredericton, while Andrew Scheer is in Hamilton. In this live story, we’ll be tracking the campaign news as it happens.2:00 p.m. — Economists think Conservatives are onto something with subsidy-slashingUniversity of Calgary economist Lindsay Tedds had some kinds words for the Conservative plan to target “corporate welfare.”“Sixty-percent of governments spending on businesses subsidies are highly questionable in terms of their costs versus benefits,” Tedds wrote on Twitter. That amounts to about $10 billion per year in questionable spending, which should give the Conservatives lots of low-hanging fruit if they form government in October.Tedds wrote that she expects one program to be spared the knife, though.“The biggest business subsidy program that fails this essential test is the small business deduction,” wrote Tedds. “However, despite this clear on going evidence against this subsidy program, I know politics will sadly prevail.”Story continues belowThis advertisement has not loaded yet,but your article continues below.11:00 a.m. — Gerald Butts is backThe Canadian Press reported yesterday that Liberal leader Justin Trudeau’s former principal secretary Gerald Butts joined up with the campaign as it travelled through eastern Canada yesterday.Butts, who grew up in Nova Scotia, is playing a key role in the Liberal war room after resigning in the wake of the SNC-Lavalin affair. It’s the first time Butts has joined the leader’s tour since the campaign was launched.Party organizers said he was there to help with an advertising shoot, the Canadian Press reported.9:45 a.m. — Scheer targets corporate welfare in HamiltonConservative leader Andrew Scheer invited reporters to a barber shop in Hamilton to announce that he will eliminate $1.5 billion in “corporate handouts” if his party forms government in October.“We will put it back in the pockets of hard working Canadians who need it the most,” said Scheer.The Conservatives released a long list of these corporate handouts, including an infamous plan to give Loblaws $12 million for new fridges, as part of a green initiative.9:00 a.m. — Liberals promise increases to old age securityLiberal leader Justin Trudeau announced a plan for a $729 annual boost to old age security for Canadians over the age of 75 in Fredericton this morning.The plan includes increased survivor benefits for widows and widowers through the Canada Pension Plan and will cost about $2.5 billion in total.8:45 a.m. — Singh announces dental plan in SudburyNDP leader Jagmeet Singh was in Sudbury this morning to announce a plan to provide free dental care for households making less than $70,000.The Parliamentary Budget Officer pegged the price of the program at $1.9 billion and the NDP says it would provide coverage for about 4.3 million people. The party estimates saving of about $1,240 for a family of four.The plan would also allow for partial coverage for families making a household income between $70,000 and $90,000.8:30 a.m. — Trudeau stays out east, while Scheer starts in HamiltonLiberal leader Justin Trudeau will be in Fredericton this morning for a policy announcement and media availability at 9:30 a.m. local time. He’ll finish the day with a rally in Truro, Nova Scotia.Conservative leader Andrew Scheer is in Hamilton this morning where he will make a policy announcement and take questions from reporters at 9 a.m. local time.NDP leader Jagmeet Singh will be in Sudbury this morning to make an announcement on on the NDP’s plan to expand the health care system to include public dental care. He’ll finish the day with a town hall in Toronto.Green Party leader Elizabeth May will be in Vancouver on Wednesday and Thursday doing media interviews. read more

Ontario signs deal to buy lightrail vehicles from Alstom in shot against

Ontario signs deal to buy light-rail vehicles from Alstom in shot against Bombardier by Allison Jones, The Canadian Press Posted May 12, 2017 7:42 am MDT Last Updated May 12, 2017 at 1:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email This Wednesday, April 30, 2014 file photo shows the company logo of Alstom at the headquarters of the leading global maker of high-speed trains, power plants and grids, in Levallois-Perret, outside Paris, France. The Ontario government has turned to French manufacturer Alstom for light-rail vehicles as a backup plan if Bombardier fails to deliver railcars for transit projects in Toronto ??? a significant concern the provincial transit agency has been raising for months. THE CANADIAN PRESS/AP/Christophe Ena, File TORONTO – The Ontario government has turned to a French manufacturer for light-rail vehicles as a backup plan if Bombardier fails to deliver railcars for transit projects in Toronto — a significant concern the provincial transit agency has been raising for months.In an announcement on Friday, the provincial government said it had reached a $528-million agreement to buy 61 light-rail vehicles from Alstom in case plane and train maker Bombardier is found to be in default at the end of a court-ordered dispute resolution process.The deal ratchets up a dispute between the province and Bombardier over the Montreal-based company’s ability to fulfil train orders in a city where gridlock has become an increasing frustration for hundreds of thousands of commuters.Last month, an Ontario judge ruled that Metrolinx can’t cancel its $770-million contract with Bombardier to build light-rail vehicles for the Eglinton Crosstown, a transit line being built across a portion of Toronto, without first going through a dispute resolution process.Ontario Transportation Minister Steven Del Duca said that process could take up to a year, and if Bombardier “continues to fall even further behind,” the transit projects will be further delayed.“Over the past many months, Metrolinx has had extremely serious concerns regarding Bombardier’s ability to deliver quality vehicles according to the contract schedule,” Del Duca said. “For example, the pilot vehicle that Bombardier presented this past winter, which was late, couldn’t move under its own power.”Bombardier said in a statement that it is “ready, able and willing” to deliver the vehicles on time.“As the minister and Metrolinx are well aware, these vehicles can be ready ahead of schedule and well before a single track has even been laid on the Eglinton Crosstown,” the company said, adding it is producing identical vehicles for the Region of Waterloo in Ontario that will be delivered by the end of the year.“We’ve met each and every major LRV delivery milestone in the last eight months and the proof will be in the performance of these vehicles in Waterloo and on Eglinton,” the company wrote. “We have addressed the issues raised in the past and we are confident this will be upheld in the dispute resolution process.”Of the 61 vehicles ordered from Alstom, 17 will be used for the Finch West LRT project in north Toronto. The other 44 will be used for the Eglinton Crosstown if Bombardier is unable to deliver. If the company comes through, those Alstom vehicles will be used for other projects, including the Hurontario LRT west of Toronto, Del Duca said.This agreement gives Ontario more certainty that the Finch West and Eglinton Crosstown will open on time in 2021, he said.“Alstom Canada is currently delivering quality vehicles on time for Ottawa’s Confederation line LRT,” he said. “Alstom vehicles are comparable in price. Alstom Canada is the only other supplier in North America able to meet the same high level of accessibility as Bombardier.”Alstom Canada will also open an assembly facility in the Greater Toronto and Hamilton Area to deliver on the contract, Del Duca said, touting the job creation benefits.Prime Minister Justin Trudeau, speaking Friday north of Toronto, was asked to weigh in and said Ontario makes its own choices.“In general we tend to respect the opportunity and the responsibility of municipalities or provinces to make decisions around procurement that is going to be based on both what they offer their citizens in terms of services and the price they’re asking their taxpayers to pay,” he said.Ontario’s opposition parties said it’s a bit late for the government to be coming up with a back-up plan.“This contract’s been signed for over seven years and now they’re finally paying attention?” said Progressive Conservative critic Michael Harris.New Democrat Peter Tabuns cited problems the Toronto Transit Commission has also had in receiving Bombardier trains on time.“What’s maddening is they’ve known for years there’s problems with Bombardier delivering,” he said. “They could have a few years ago gone to Bombardier and said, ‘look, you’re not delivering on the streetcars in Toronto, we have this deal with you, what are you doing to make sure that we don’t get stuck in the same position as TTC?’” read more

Ohio pulls away from Iona in the 2nd half for an 8965

ATHENS, Ohio — Jason Carter scored 20 points and Teyvion Kirk and Ben Vander Plas each added another 18 as Ohio ran away from Iona in the second half to post an 89-65 victory on Tuesday night.The victory is Ohio’s first in the three-game history of the series.Tajuan Agee got to the basket for a layup with 7:51 left in the first half to put the Gaels up by three, 27-24, but Ohio (4-2) answered with eight straight points to take a 34-27 lead and held a 43-37 lead at intermission.Carter, coming off a career-high 25-point performance in the Bobcats 85-82 overtime win over Austin Peay, hit 8 of 15 from the floor and grabbed six rebounds. Vander Plas added his points off the Ohio bench and grabbed 11 rebounds. Doug Taylor also grabbed 11 rebounds.Agee scored 23 points and grabbed eight rebounds for Iona (2-4), which dropped its second straight gameThe Associated Press read more

Commentary Peyton Mannings classy departure a sad day for Indianapolis

Part of me wants to hop on Interstate 70 West and drive to Indianapolis to revel in the misery of the Indianapolis Colts fans on this trying day. You see, I’m from Northwest Indiana and that’s Chicago Bears territory. Compounded by the fact that Peyton Manning has his only Super Bowl at the expense of the Bears, today should be a day of celebration for me. But it’s not. I have far too much respect for what Manning has accomplished during his 14 years with the Colts’ organization. He made Indianapolis a football city. For anyone who has ever driven through or had the chance to visit Indianapolis, it is clear that Manning was considered nothing short of a god. Manning’s likeness could be found around every corner. In short, Peyton Manning was Indianapolis. That will no longer be the case as the Colts officially announced Wednesday that they will be releasing Manning. The decision came one day before the team was scheduled to give Manning a $28 million bonus and begin the second year of the five-year $90 million deal that he signed before last season. Manning choked back tears as he thanked Colts fans and expressed his gratefulness to the city of Indianapolis. It was apparent that Manning truly didn’t want to leave. Manning and Colts’ owner Jim Irsay insisted the decision had nothing to do with money, but it’s hard to ignore the fact that Irsay would have been making a significant financial investment in a player who missed an entire season to recover from a neck injury. On one hand, it’s hard to understand Irsay’s reasoning in letting Manning go. If your quarterback of 14 seasons tells you that he is confident he’ll play again, and at the same high level that he was at, wouldn’t you listen to him? And on the other hand, it’s rather impressive how Irsay has been able to emotionally remove himself from the situation and assess the situation from a neutral standpoint. If Manning isn’t healthy, $28 million is a lot of money to invest in a damaged asset. Irsay’s decision has no doubt been made easier by the knowledge that his organization owns the No. 1 overall pick in the upcoming NFL draft. In Manning’s first season the Colts finished 3-13. That was 1998. With Manning under center, the Colts would only have one more losing season (2001) until last season. He is a four-time MVP, owns every major Colts franchise passing record and helped the team to eight division titles, two AFC championships, and a Super Bowl win during the 2006-07 season. He’s had a hall of fame-caliber career up to this point and still believes he has more left in the tank, telling reporters at his press conference that he is “confident” that he will play again. Manning will never again suit up in Colts’ blue and white and put on that customary No. 18 jersey. And according to Irsay, neither will anyone else. “It’s a difficult day here of shared pain between Peyton, myself, the fans, everyone,” Irsay said at the press conference. “I think in that vein as well. The 18 jersey will never be worn again by a Colt on the field.” Fans in Ohio are all too familiar with bad divorces. Irsay and Manning seem to have proven that it is possible to leave on good terms. Any team that lands Manning in the future will be lucky to have him. He’s a classy individual who clearly wants nothing more than to be back on the field playing football. Here’s hoping that the team doesn’t happen to reside in the NFC North. read more

Ohio States Stoneburner Mewhort released from football scholarships

Ohio State redshirt senior tight end Jake Stoneburner and redshirt junior offensive lineman Jack Mewhort have been removed from their athletic scholarships-at least until the end of the summer. In a statement released Friday night from Urban Meyer via an OSU department of athletics spokesperson, the two football players “will each be removed from athletic scholarship beginning with the summer term, and they will continue to be suspended from team activities until stipulations are successfully met.” “We are disappointed with the decisions made recently by two of our football players,” the release said. “(Stoneburner and Mewhort) will have an opportunity to return to the team in good standing following the summer session.” The decision comes nearly two weeks after Stoneburner and Mewhort were suspended June 3 after being arrested for obstructing justice. According to a police report from the Shawnee Hills Police Department, police said they spotted Stoneburner, Mewhort and a third person, Austin Barnard, urinating on what appeared to be an early childhood education school called The Oxford School near the Bogey Inn in Dublin, Ohio. After shining a bright light, police said the three suspects ran away. Police said they found Stoneburner and Barnard crouched between cars while Mewhort fled to a nearby wooded area before turning himself in after threatening to use a police dog. Stoneburner and Mewhort were expected to be starters for the upcoming season. In 2011, Stoneburner caught 14 passes for 193 yards and had seven touchdown catches. Stoneburner was recruited out of Dublin Coffman High School. He has caught 37 passes in his career at OSU. Meyer listed Stoneburner after this year’s Spring Game on April 21 as one of his “top offensive playmakers.” Mewhort was a highly recruited prospect out of St. John’s Jesuit High School and Academy in Toledo, Ohio. read more

Australias mining industry still riding the storm

first_imgThe dreaded rent resource tax saga – coupled by elections which resulted in a hung parliament, with five tax supporters sitting in the balance of power, has battered Australia’s mining share index recently. From Rio Tinto’s head to the Australian Institute of Geoscientists there have been few, in the mining industry at least, who have not expressed their worry over Australia’s mining future. However, despite this year’s setbacks and next year’s hurdles, the long term potential of the country’s mining companies and assets is still very healthy -a point that Australian miners have been increasingly determined to prove in the latest issue of International Mining Project News. Certainly Gindalbie’s Karara project has not had difficulty in finding funds, which is hardly surprising with a predicted production of 9 plus Bt over a 30 year life of mine, and the company is quickly moving towards its production goal with the award of another multi-million dollar construction contract. Although not as quickly as the Randalls gold project which has been travelling on a whirlwind deposit to report extensive drilling results, ranging from 2.89 g/t to 51.25 g/t, while on the verge of its first gold pour. This last deposit’s transition from uninspiring to high grade confirms the underground potential beneath Integra Mining’s feet as well as providing a glittering reminder of what may yet lay undiscovered.Venturex Resources has revealed more of those riches in the Pilbara region with drilling results that include 8 m at 256.3 g/t silver and strong lead, zinc and copper mineralisation. The results will prove useful for the company’s revised JORC, expected for the next issue of International Mining Project News, and should help upgrade the open pit resource. Brockman Resources also has some very pure answers from its metallurgical sinter testwork program on the company’s flagship iron ore project – reaffirming the Pilbara region’s well known potential to Chinese steel mills and leaving Brockman close to completing its DFS.Cortona have been facing climate change head on at its wholly owned gold project in New South Wales with plans to drastically cut material and waste movement. While still having to persevere through bad weather the environmentally minded company has managed to stay on track for its expected resource upgrade. Since its own Swedish surprise Avalon Minerals has been re-evaluating its options and is on the lookout for investors to help fund further exploration and development of its flagship copper/iron project. In the meantime the company has rewarded one of its experienced employees, for his role in leading the resource drill-out and expanded PFS which led to the significantly increased resource, with the position of MD.Mundo Minerals have already secured financing for an upgraded treatment facility at its Engenho gold project and are looking forward to bringing another pit into production with a new COO direct from Gold Fields. These twin developments should give the company extra momentum as it reaches towards a 100,000 oz/y target.Centaurus Metals has also been enjoying Brazil with testwork results and a completed RC and diamond drilling program paving the way for a maiden JORC estimate to be completed at its iron ore project before the end of October. Not far away, in Chile, Antofagasta Minerals and Carbon Energy have been feeling the benefits of underground coal gasification technology as the proposed project at the Mulpun deposit obtains environmental approval.All this and much more in International Mining Project News…To receive the full 30+ page report, subscriptions to this service can be registered and paid for on-line (SUBSCRIBE TO IM PROJECT NEWS BUTTON), or contact emma@im-mining.com for a free trial copy.last_img read more

Industrial Scientific gets ATEX certification for new Ventis gas detector

first_imgIndustrial Scientific Corporation, a leading provider of gas detection services, has announced that its Ventis MX4 multi-gas detector has been certified to meet the ATEX standards of EN 60079-0, EN 60079-11, and EN 50303 for M1 mining equipment and intrinsic safety in Zone 0 applications (ATEX Markings – Ex ia IIC T4 Ga and Ex ia I Ma; for equipment group and category II 1G and I M1 and IECEx Markings – Ex ia IIC T4 Ga).M1 identifies equipment that must continue to operate when a potentially explosive atmosphere is present. Zoned areas are areas where there is a risk of flammable material being released to atmosphere. The subscripts 0, 1 and 2 describe the probability of a flammable material being released to the atmosphere in explosive concentrations. Zone 0 is the highest risk zone where an explosive atmosphere is expected to exist continuously or for very long periods of time.The Ventis is described as “a lightweight, highly configurable instrument” that is capable of detecting one to four gases including oxygen, combustible gases (LEL or CH4) and any two of the following toxic gases: CO, H2S, NO2 and SO2. Ideal for both confined space monitoring and continuous personal monitoring in potentially hazardous environments, the instrument is designed to keep workers safe in a variety of industries. In confined space mining applications, the Ventis can be used to draw samples from up to 100 ft with the integral pump. It is fully compatible with iNet – Industrial Scientific’s gas detection as a service solution. The company states: “Today, iNet helps keep workers safe at more than 3,000 worksites across 19 countries by providing visibility into gas detector alarms, exposure and usage.”last_img read more

Sandvik customer days demonstrate commitment

first_imgAt very well attended customer days in Tampere this week, Sandvik Mining has demonstrated its ability to react to mines’ needs and desires, as well as an ability to speed up the introduction of new machines. New launches yesterday included an extremely stylish and technically very interesting Panterra DP2000 surface drill (both tophammer and DTH versions) and the twin boom DD422i Axera underground jumbo.More details on these and many other new products are to follow on this website and within the pages of International Mining.last_img

Mediator pénalité de 30 si Servier nindemnise pas les victimes

first_imgMediator : pénalité de 30% si Servier n’indemnise pas les victimesLe ministère de la Santé vient d’annoncer que les indemnités demandées par l’Office national d’indemnisation des accidents médicaux (Oniam) pour les victimes du médicament Mediator, seraient majorées de 30% si le laboratoire Servier, qui a commercialisé l’antidiabétique, refuse de s’y soumettre.Une pénalité de 30% : c’est ce que les laboratoires Servier pourraient connaître si jamais ils refusaient d’indemniser les victimes de son antidiabétique, le Mediator, comme le demande l’Oniam. Cette pénalité devrait d’ailleurs être mentionnée dans le texte du projet de loi sur la création du fonds public d’indemnisation des victimes, qui sera rendu public demain, précise l’AFP.À lire aussiAntihistaminique : qu’est-ce que c’est ? A quoi ça sert ?L’agence de presse indique que la procédure d’indemnisation doit être enclenchée dès la mise en place du fonds, prévue pour le 1er septembre. La procédure est la suivante : l’Oniam va étudier les dossiers des victimes et proposer un montant d’indemnisation aux laboratoires Servier. S’il refuse de payer, l’Oniam indemnisera alors lui-même les victimes, mais compte se pourvoir en justice pour être remboursé de son avance. Cette dernière sera à ce moment-là assortie de la fameuse pénalité de 30%.Le Mediator, au coeur d’un scandale sanitaire de très grande ampleur, aurait fait entre 500 et 2.000 morts en France en 33 ans. Ce médicament, prescrit comme antidiabétique, avait largement été détourné comme coupe-faim avant d’être retiré du marché en 2009.Le 10 mai 2011 à 17:08 • Emmanuel Perrinlast_img read more

Clark College Orchestra makes a Russian connection

first_imgThe young Sergei Prokofiev must have felt his labors blossoming into beauty. His peers at the St. Petersburg Conservatory had ridiculed his ground-breaking, modern-sounding compositions; then he silenced them by winning the prestigious Rubenstein Prize for Piano.It’s theorized that his next important work was really symbolic of himself: “The Ugly Duckling,” who blooms into a swan.“It is a gem. It’s a sweet, quirky little piece,” said mezzo soprano Laura Beckel Thoreson. “There’s this youthful vibrancy and color that make it really fun. It’s a hoot!”Prokofiev went on to become one of the most renowned composers of the 20th century, penning serious masterpieces like the ballet “Romeo and Juliet” as well as smaller, sweeter suites like the symphonic fairy tale “Peter and the Wolf.”His “Ugly Duckling,” another fairy tale, will be the centerpiece of a Wednesday concert featuring the Clark College Orchestra and soloist Thoreson, a Clark alumna who has risen in the world of classical music and opera. Thoreson is hailed for her warm tone quality and compelling stage presence, and her career has taken her all over the world to sing with many opera companies, symphony orchestras and other ensembles — and yet she lives in Vancouver, the town where she grew up, and teaches at Clark.Reading music“I always loved music and I always loved reading, too,” Thoreson said. “My parents had a hard time giving me enough reading materials at home so they did things like put piano books casually on the piano. I just ended up reading the piano books and teaching myself to play.”last_img read more

8th Annual Wine Cellar Golf Fishing Tournament

first_img Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp#TurksandCaicos, February 16, 2018 – Providenciales – The Wine Cellar Golf & Fishing Tournament (WCGFT) is a fun-filled, family oriented 3-day weekend event. 100% of proceeds will be donated to local charities: Edward Gartland Youth Centre, CARIFTA TCI and Commonwealth Games Association TCI.Starting Thursday March 8th, 2018 with the Calcutta and Captains’ Meeting (Fishing portion), the pre-party and bidding on boats begin (5:30 pm @ Blue Haven). Then, 2 days of fishing (Friday and Saturday, March 9th and 10th) are each followed by a fresh fish auction of the day’s catch, music, entertainment and kid friendly games are hosted at Salt Bar & Grill at the Blue Haven Resort & Marina (Friday, March 9 th @ approx. 4:30pm; Saturday, March 10th starting at 12pm).Preferred fuel pricing is offered to participants of the fishing tournament by Blue Haven Resort & Marina.  Rounding out the weekend is the Golf tournament of the event, at Provo Golf Club, where 4 player teams vie for bragging rights and fantastic prizes as well as a silent auction.The WCGFT is a not-for-profit charity event hosted every year with all proceeds donated to Charity.  This year’s recipients will be Edward Gartland Youth Centre, CARIFTA TCI and Commonwealth Games Association TCI.  The last 7 Tournaments have raised an incredible $200,000.00 to help the different youth-oriented charity organizations..This year we anticipate a great number of boat signups.  New prizes include a $50,000 prize for Record Wahoo (150+ lbs) .. a $10,000 prize for the first hole-in-one on any of 3 Par3 holes of the golf tournament.  A pair of his/her Rolex watches or a Weekend Getaway for 2 to New York City can be won by purchasing a $20 raffle ticket prior to the event, all helping to raise funds for the charities.Join in on the FUN!  We are looking forward to once again hosting a memorable event!For more information or to sign up for the fun, please visit the website at www.golfandfishingtci.com or Contact: Desmond Williams at 649-946-4536 Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Genting Malaysia Caesars said to have lost interest in Greek casino bid

first_img Lack of premium mass strategy begs questions of SJM’s Grand Lisboa Palace launch: analysts RelatedPosts Genting’s Resorts World Las Vegas names five key additions to executive team Strong VIP growth sees Okada Manila GGR climb 72% in August Load More Genting Malaysia and Caesars Entertainment Corp have reportedly lost interest in bidding for a license to develop a casino at Greece’s Hellenikon International Airport due to ongoing delays in the process.According to local business newspaper Naftemporiki, the Development and Investment Ministry has now set a 30 September 2019 deadline to determine the successful bidder after meeting with Hard Rock International and Mohegan Gaming & Entertainment to allay concerns over the project’s future. The two stand as the current front-runners for the casino, which would form part of a larger €8 billion integrated resort to be built by Lamda Development and backed by Chinese and Gulf investors. The development will include luxury residences, hotels, a yachting marina, entertainment facilities, retail, F&B and MICE as well as the casino complex.However, Ministry boss Adonis Georgiadis warned this week that, “Without the tender for the casino the investment at Helleniko cannot proceed.”The Hellenic Gaming Commission called for tenders in February, with all bids set at a minimum of €30 million for a 30-year casino license.Mohegan announced in July that it had partnered with Greek construction giant GEK Terna to bid for the casino development.last_img read more

Arson suspected in Sunday morning market fire in Dillingham

first_imgDillingham Police Officer Craig Maines stretches crime scene tape around the front of the N&N Market in downtown Dillingham, after fires damaged the inside Sunday morning.(Photo by KDLG)Dillingham Volunteer Fire Department was called to the scene before 8 a.m. Sunday to a fire in the N&N Market.Listen Now An automatic sprinkler system apparently kept the early morning fires allegedly set inside the market down, but not out.“When we made entry, the building was full of smoke, pretty heavy smoke,” Assistant Fire Chief Malcolm Wright said. “There were fires in several different places, and they’d been knocked down by the sprinkler system. The sprinklers did their job, but there was still a lot of smoke, and (we) had to overhaul the materials that had burned.”Dillingham Police Chief Dan Pasquariello issued a news release, confirming an arson and burglary investigation is underway, though no suspects have been named.“Investigation revealed that person(s) had broken into the building, stole numerous items from the store, and deliberately set the store on fire,” the release said.The ATM had been targeted, Pasquariello said, but he did not want to comment on other items stolen.There appeared to be two spots fires were started in the store, Wright said.One was back in the clothing section near the footwear, and another was where bulk paper towels are sold on an aisle end cap, next to the produce section and the freezers.Those were areas firefighters focused on pulling apart materials to stamp out the fire.Wright, a veteran firefighter, had no doubt the fires had been set intentionally.“Yeah, there is no way I could waffle on that. But I want to leave it to police to say more when they’re ready,” he said.As to the extent of the damage, Wright said it was “pretty heavy” inside, but credited the sprinklers with preventing the fire from spreading further.“There was a bunch of stuff (damaged) on the shelves, some shelving, some lights, but probably much more water damage I would think,” he said. “Took us a while to get the sprinklers turned back off.”Two Dillingham police officers were inside collecting evidence immediately after the firefighters cleared the building.Pasquariello could not be reached for comment Sunday morning.A witness at the scene, who asked not to be named, told police that noises were heard and the power was out at N&N about 3:30 a.m., and not long after a vehicle sped quickly from behind the store and drove down the road before turning its lights on.Other store employees at the scene said the perpetrator or perpetrators had broken a window in the rear of the building to gain entrance.No injuries were reported. The N&N Market was closed for business Sunday.Pasquariello did not say how many people had been involved, or if the Department has suspects in mind.The chief said the police are in the early stages of their investigation, and has asked anyone with information regarding burglary and arson at N&N early Sunday morning to contact DPD at 842-5354.last_img read more

Janmashtami fete at Hymavathi School

first_imgAmberpet: Hymavathi High School celebrated the Krishnashtami festival on a grand scale here on Friday. A large number of students from the nursery to the 4th standard wearing traditionàl dresses participated in the celebrations enthusiastically.Correspondent Hymavathi, principal Niranjan, vice-principal Savitha Reddy, and teachers lie Mahipal, Phanindra, Mohan and others were present on the occasion.last_img

Action against OC if negligence found in Nusrat case IGP

first_imgJaved PatwaryInspector General of Police (IGP) Md Javed Patwary on Friday said action will be taken against Sonagazi Model Police Station OC Moazzem Hossain if any negligence is proved in handling the case over the arson attack on Nusrat Jahan Rafi.The IGP came up with the remark while talking to reporters after attending the annual sports competition and prize distribution ceremony of Shaheed Police Smriti School and College at Mirpur-14 in the capital on Friday.” Primarily we have already withdrawn the OC. Now investigation is going on. If we get proof of his negligence in handling the case properly then action will be taken against him (OC) as per law,” the IGP said.He said Police Bureau of Investigation (PBI) has now been investigating the case and action would be taken against those involved in the incident.On 6 April, Nusrat, an Alim examinee of Sonagazi Islamia Senior Fazil Madrasa, was set afire at an examination centre allegedly by people loyal to the principal of her madrasa after he was arrested and subsequently suspended as she had accused him of sexually harassing her.Nusrat Jahan lost her battle for life on Wednesday night, five days after the incident, at Dhaka Medical College and Hospital.Ten people have so far been arrested in connection with the arson attack.last_img read more

Breaking News Harrison to Meet With Mosby About Marijuana Policy

first_imgBy Sean Yoes, AFRO Baltimore Editor,  syoes@afro.comThis morning (Feb. 11) during the official introduction press conference of Michael Harrison, the man selected by Baltimore Mayor Catherine Pugh to be the city’s next police commissioner, the acting commissioner made some news concerning the State’s Attorney’s policy on marijuana possession prosecutions.Baltimore City State’s Attorney Marilyn Mosby recently announced her office will not prosecute marijuana possession cases, some argue neutralizing laws that disproportionately impact Black, Brown and poor communities.New Acting Police Commissioner Michael Harrison, flanked by Mayor Catherine Pugh, City Council President Bernard “Jack” Young, Comptroller Joan Pratt and former Interim Commissioner Gary Tuggle, is meeting this morning (Feb. 11) with Baltimore City State’s Attorney Marilyn Mosby regarding her office’s marijuana possession prosecution policy. (Photo credit: Sean Yoes)During his press conference this morning attended by Mayor Pugh, former Interim Commissioner Gary Tuggle, Comptroller Joan Pratt and several members of the Baltimore City Council, Harrison announced he was headed to a meeting with Mosby to discuss how the Baltimore Police Department (BPD) can coordinate with the State’s Attorney’s Office on Mosby’s marijuana prosecution policy.“We’ll enter into discussions about how we can approach that dynamic,” said Harrison the former Chief of the New Orleans Police Department.  “That’s a policy change from the State’s Attorney, not a law change from the state legislature or in the city code. So, that’s an internal State’s Attorney policy change. I’m on my way to have that meeting so we can have that discussion and together we can figure out how we can…best approach this that satisfies everybody. But, make sure that citizens and residents of Baltimore are safe and that the department is following the law and its policies.”last_img read more

Female fish develops male organs and impregnates self

first_img(a) The intersex produced by a cross between a female Pundamilia pundamilia from Python Island and an orange blotch (OB) Neochromis omnicaeruleus male from Makobe Island. The gonads (b) looked like typical cichlid ovaries. However, a horizontal plane section (c) contained small aggregated dark dots that resembled spermatocytes (marked by arrow). On the gonad (b), this section was located in a whitish tissue (arrow). Credit: Royal Society Open Science (2016). DOI: 10.1098/rsos.150684 © 2016 Phys.org Journal information: Royal Society Open Science Explore further For females, a little semen may go a long way Citation: Female fish develops male organs and impregnates self (2016, March 24) retrieved 18 August 2019 from https://phys.org/news/2016-03-female-fish-male-impregnates.htmlcenter_img More information: Ola Svensson et al. Hybridization generates a hopeful monster: a hermaphroditic selfing cichlid, Royal Society Open Science (2016). DOI: 10.1098/rsos.150684AbstractCompared with other phylogenetic groups, self-fertilization (selfing) is exceedingly rare in vertebrates and is known to occur only in one small clade of fishes. Here we report observing one F1-hybrid individual that developed into a functional hermaphrodite after crossing two closely-related sexually reproducing species of cichlids. Microsatellite alleles segregated consistent with selfing and Mendelian inheritance and we could rule out different modes of parthenogenesis including automixis. We discuss why selfing is not more commonly observed in vertebrates in nature, and the role of hybridization in the evolution of novel traits. The team reports that they were studying chichlid fish and at one point bred two different species of the fish, resulting in the birth of several offspring, only one of which later developed male reproductive organs. Such fish, they note reproduce by mixing sperm and egg sin the mouth. In this instance, it appeared that the hybrid ejected sperm into the water and then sucked it into its mouth where it fertilized the eggs that were waiting there. The fish shortly thereafter gave birth to several offspring. Also, the team reports, it was not a onetime occurrence, the fish self fertilized itself many times over the course of a year, giving birth to 42 offspring (both male and female) of which it was both the mother and father. The offspring all appeared normal and reproduced without any of them resorting to selfing. They did all suffer, however, from what scientists call inbreeding depression, where there is minimal genetic diversity, which can lead to birth defects in subsequent generations. Having two genders it is believed was an evolutionary development that came about to allow for genetic diversity, after all.Selfing is not unheard of in the animal kingdom, other species such as mangrove killifish engage in it as part of their normal reproductive habits—but in their case, it is one born of necessity when there are no potential mates around—it is also an adaption that came about out of necessity. The researchers believe the selfing observed in the cichlid female likely came about due to its parents having different sex-determining genes, and that it was almost certainly an oddity, and thus not likely to happen again anytime soon. They note also that it is not likely that this was the first occurrence of selfig in the species, such instances have likely gone underreported due to its rarity. (Phys.org)—A female cichlid hybrid fish has been observed to have grown male reproductive organs, impregnate itself and then to have offspring, a team of researchers in the U.K. are reporting in a paper published in the journal Royal Society Open Science. They call the process ‘selfing’ and suggest it is very rare in vertebrates. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more