Current capital – Angil http://angil.org/ Thu, 16 Sep 2021 14:57:37 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://angil.org/wp-content/uploads/2021/06/icon-2021-06-29T195041.460-150x150.png Current capital – Angil http://angil.org/ 32 32 WMS Partners welcomes TRIA Capital Partners as a minority shareholder https://angil.org/wms-partners-welcomes-tria-capital-partners-as-a-minority-shareholder/ https://angil.org/wms-partners-welcomes-tria-capital-partners-as-a-minority-shareholder/#respond Thu, 16 Sep 2021 14:15:00 +0000 https://angil.org/wms-partners-welcomes-tria-capital-partners-as-a-minority-shareholder/ TOWSON, Maryland – (COMMERCIAL THREAD) – WMS Partners (“WMS”), a $ 5 billion multi-family office focused on wealth planning and investment in the public and private markets, is pleased to announce the closing of an investment by TRIA Capital Partners (“TRIA”) through which TRIA will become a non-controlling minority shareholder of the company. TRIA’s passive […]]]>

TOWSON, Maryland – (COMMERCIAL THREAD) – WMS Partners (“WMS”), a $ 5 billion multi-family office focused on wealth planning and investment in the public and private markets, is pleased to announce the closing of an investment by TRIA Capital Partners (“TRIA”) through which TRIA will become a non-controlling minority shareholder of the company. TRIA’s passive investing is the cornerstone of WMS’s commitment to remain an independent and permanent company that provides its client families with unbiased and conflict-free advice. The partnership with TRIA also enhances WMS’s ability to serve future generations of clients through better succession planning, attracting and retaining top talent, and accessing capital for strategic investments in the industry. ‘business.

After extensive research and thoughtful thinking, it was clear that TRIA was absolutely the right partner for WMS, ”said Tim Chase, co-founder and president of WMS. “Their support for our long-term independence and the commitment we have made to our customers, current and future generations, set TRIA apart. We couldn’t be happier to have them as a partner.

We have seen many of our peers sell a controlling stake in their business, ”said Martin Eby, co-founder of WMS. “With our clients, shareholders and colleagues still in the lead, we had no interest in this approach. “Added Dave Citron, co-founder of WMS,”The relationships we have with our client families are deep and this transaction gives them the continuity they deserve.

Jeff Hill, Senior Financial Advisor and Shareholder added: “For me and my fellow second-generation shareholders, TRIA’s investment is essential for WMS to maintain its long-term autonomy and enable our advisors to continue to provide objective, creative and personalized solutions to our client families every day. . Following TRIA’s investment, the company also plans to welcome three additional employees as shareholders in the very short term. “Our partnership with TRIA, and the support and flexibility it offers, allows us to add new employee owners now and in the future, ”said Todd Wickwire, CEO of WMS.

WMS occupies a unique position in the market, ”said Ben Robins, co-manager of TRIA. “There are very few companies in the country capable of providing the complex estate planning and sophisticated alternative investment solutions they offer, and their roster of planning and investing professionals is best in class. We are delighted that WMS has chosen TRIA as a long term partner.

About WMS Partners

WMS Partners, a registered investment advisor with over $ 5 billion in assets under management, was founded in 1993 as a multi-family office providing a family-friendly alternative to traditional financial services firms – independent, transparent and aligned. on the interests of clients. As a fiduciary providing paid services to an ever-growing circle of affluent families, WMS takes an open architecture approach and is completely objective in the expertise it brings in wealth planning, public and private investments. and advice on family patrimony. Read more on: www.wms-partners.com

About TRIA Capital Partners

TRIA Capital Partners provides customized financing solutions to leading wealth management companies that need outside capital but wish to remain majority owned and controlled by their employees. The TRIA leadership team is led by co-founders and co-managers Steve Cortez, Yvonne Kanner and Benjamin Robins. For more information visit: www.triacapitalpartners.com


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Innovative sports betting thanks to capital market surveillance technology https://angil.org/innovative-sports-betting-thanks-to-capital-market-surveillance-technology/ https://angil.org/innovative-sports-betting-thanks-to-capital-market-surveillance-technology/#respond Tue, 14 Sep 2021 18:40:00 +0000 https://angil.org/innovative-sports-betting-thanks-to-capital-market-surveillance-technology/ Sporttrade and Nasdaq recently announced a new technology partnership, through which Sporttrade will leverage Nasdaq’s market surveillance technology. We caught up with Alex Kane, Founder and CEO of Sporttrade, to learn more about Sporttrade’s vision, how the company leverages capital markets technology, and its plans for the future. Can you start by telling us about […]]]>

Sporttrade and Nasdaq recently announced a new technology partnership, through which Sporttrade will leverage Nasdaq’s market surveillance technology. We caught up with Alex Kane, Founder and CEO of Sporttrade, to learn more about Sporttrade’s vision, how the company leverages capital markets technology, and its plans for the future.

Can you start by telling us about Sporttrade, your vision and how the idea came about?

I was a student at Drexel University in Philadelphia, majoring in business law and finance when I first discovered options trading. Around the same time, in 2016, a friend introduced me to sports betting. I remember thinking “I would like that” since I was on the golf team at the time and was interested in the sport as well. However, sports betting was a new concept to me, and it struck me that the way sports betting is implemented today can be a bit archaic. Sports betting doesn’t have to be that different from traditional capital markets. This was Sporttrade’s impetus, believing that there had to be a simpler and more user-friendly way of approaching sports betting. We wanted to harness the ingenuity and innovation of capital markets to create a simple, accessible and dynamic customer experience for those interested in sports betting.

Sporttrade is an exchange where we list sports results. Our platform connects buyers and sellers of contracts (sports betting) in the results we list. We match them securely and transparently. It is a centralized sports betting exchange that allows customers to trade on the probability of sports betting results. We use probability instead of US odds, where the price of a contract equals the probability. For example, let’s say you want to buy Eagles that are trading at $ 45 to beat the Falcons, which means 45%. You place your trade, and you can sell it during in-game play, and you don’t have to wait until it ends like you have to with a traditional sports book.

Sporttrade was established in 2018 with the aim of discounting unrealized profits from trading (just like stock trading) on ​​the likelihood of a sporting event occurring. There is certainly room to create value in this industry as it is full of opportunities for disruption.

You recently announced a technology deal with Nasdaq, whereby Nasdaq will provide surveillance technology to Sporttrade. How did this partnership with the Nasdaq come about and what does it consist of?

Earlier this year, we announced a fundraising deal in which Nasdaq Ventures was a part. Just like many other exchanges around the world that use Nasdaq market surveillance technology, we need to know what is going on at our site in order to provide a safe environment for our customers. We care about problem gambling and we don’t want people to gamble irresponsibly on our platform. With this kind of technology, we can use the principles of machine learning to identify real-time trading activity and share it with our regulators. By partnering with Nasdaq, we want to take the lead in uplifting the industry with capital markets principles and putting the customer first. We can get a head start in terms of responsible gaming and in terms of identifying potential abusive business behavior and sharing it with regulators. It was obvious to partner with the Nasdaq on this one.

Why is market integrity and surveillance technology so important in sports betting?

It all comes down to our mission to put our customers first. We are all retail traders here at Sporttrade, and some of us are sports bettors as well. The framework of what we want to create, which serves as the foundation, is for the customer to feel that they are transacting securely and transparently on our platform. On many current sports betting sites, the market may close or your order may be rejected by the site. So the industry has not done a great job of building trust with the customer. It is absolutely essential that the client trades securely, transparently and fairly on a central limited order book and that he can compete with market makers on an equal footing. This does not exist in sports betting today.

I can’t wait to tell the world about Sporttrade. We are very upsetting about the classic way of thinking about sports betting or market surveillance. It is up to us to go to the regulators to show why it is better and safer for the customer. I look forward to the general comments and to seeing how the capital markets can meet the world of sports betting, and we are delighted to bring these two worlds together.

How do you see the sports betting industry evolving in the near future?

Currently, there are around 20 states that have licensing regimes for sports betting, and around 35 states are expected to have mobile-regulated sports betting in 2025. The big opportunity we see right now is in in-play betting, in other words, placing bets on the outcome after the part on which the outcome you are betting on has already started. This is where the increase in volume occurs. The barriers that we see for the industry have to do with the quality of workmanship for the retail participants. Currently, if you try to place a bet on a bookmaker, you are subject to an asymmetric slowdown and it may take several seconds for your bet to be successful. The Future of the Industry tries to apply the principles and technology of capital markets to bring execution quality to live betting more in line with what we see in retail in times of volatility. We want to make the game smoother and frictionless.

What are you looking forward to in 2021? What excites you about the future of this industry?

We are working with regulators in New Jersey and plan to roll out our product in a phased launch capacity over the next few months. This is a mobile app, so customers will be able to use Sporttrade through the mobile app. As for what we’re looking forward to in 2022, we want to launch into more states. We recently announced the acquisition of a business in Colorado, and in the coming months we will hopefully have more exciting news on the launch of Sporttrade beyond New Jersey and Colorado. We focus on the right customer experience, starting with the simple features and letting the customer take us on the journey of what they want to see. Sports betting is currently very transactional. There are lessons to be learned from disruptive companies in the capital markets on how to keep the customer more engaged and give customers more tools and data to make smarter decisions, like showing the full order book. . We’re focused on creating a community and network effect of commerce, and we’re trying to see what will allow the customer to research and allow them to see what their peers are doing. There are so many ways to look at financial markets, take some of these principles and apply them to what we do.


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Advanced Drainage Systems (NYSE: WMS) experiences growth in returns on capital https://angil.org/advanced-drainage-systems-nyse-wms-experiences-growth-in-returns-on-capital/ https://angil.org/advanced-drainage-systems-nyse-wms-experiences-growth-in-returns-on-capital/#respond Tue, 07 Sep 2021 19:50:59 +0000 https://angil.org/advanced-drainage-systems-nyse-wms-experiences-growth-in-returns-on-capital/ If you are looking for a multi-bagger, there are a few things to look out for. Ideally, a business will display two trends; first growth to recover on capital employed (ROCE) and on the other hand, an increase amount capital employed. Ultimately, this demonstrates that this is a company that is reinvesting its profits at […]]]>

If you are looking for a multi-bagger, there are a few things to look out for. Ideally, a business will display two trends; first growth to recover on capital employed (ROCE) and on the other hand, an increase amount capital employed. Ultimately, this demonstrates that this is a company that is reinvesting its profits at increasing rates of return. With that in mind, we’ve noticed some promising trends at Advanced drainage systems (NYSE: WMS) so let’s look a little further.

Understanding Return on Capital Employed (ROCE)

Just to clarify if you’re not sure, ROCE is a measure of the pre-tax income (as a percentage) that a business earns on the capital invested in its business. Analysts use this formula to calculate it for advanced drainage systems:

Return on capital employed = Profit before interest and taxes (EBIT) ÷ (Total assets – Current liabilities)

0.17 = $ 349 million ÷ ($ 2.5 billion – $ 407 million) (Based on the last twelve months up to June 2021).

Thereby, Advanced Drainage Systems has a ROCE of 17%. This is a relatively normal return on capital, and it is around the 14% generated by the construction industry.

See our latest review for advanced drainage systems

crossbreed

Above you can see how the current ROCE of advanced drainage systems compares to its previous returns on capital, but there is little you can say about the past. If you’d like to see what analysts are forecasting for the future, you should check out our free report for advanced drainage systems.

So what’s the ROCE trend from Advanced Drainage Systems?

The trends that we have noticed at Advanced Drainage Systems are quite reassuring. Over the past five years, returns on capital employed have increased substantially to 17%. Basically the business earns more per dollar of capital invested and on top of that 150% more capital is also being used now. So we’re very inspired by what we’re seeing at Advanced Drainage Systems through its ability to reinvest capital profitably.

Our opinion on the ROCE of advanced drainage systems

A business that increases its returns on capital and can constantly reinvest in itself is a highly desirable feature, and this is what Advanced Drainage Systems offers. And with the stock having performed exceptionally well over the past five years, these trends are being taken into account by investors. Therefore, we believe it would be worth checking out whether these trends will continue.

Like most businesses, advanced drainage systems come with certain risks, and we have found 2 warning signs that you need to be aware of.

If you want to look for solid businesses with great income, check out this free list of companies with good balance sheets and impressive returns on equity.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.


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Multilateral development banks can do more to help recovery https://angil.org/multilateral-development-banks-can-do-more-to-help-recovery/ https://angil.org/multilateral-development-banks-can-do-more-to-help-recovery/#respond Tue, 07 Sep 2021 10:42:24 +0000 https://angil.org/multilateral-development-banks-can-do-more-to-help-recovery/ Updates on the economic impact of the coronavirus Sign up for myFT Daily Digest to be the first to know about news about the economic impact of the coronavirus. The writer is vice president and chief financial officer of the New Development Bank The economic crisis induced by the Covid-19 pandemic has resulted in the […]]]>

Updates on the economic impact of the coronavirus

The writer is vice president and chief financial officer of the New Development Bank

The economic crisis induced by the Covid-19 pandemic has resulted in the most serious development and poverty reduction setback in recent memory. There is therefore an urgent need to explore ways to increase the lending capacity of multilateral development banks (MDBs) in order to strengthen their support for the economic recovery efforts already underway.

The combined response of the MDB system in response to the global pandemic is around $ 300 billion, which is considerably less than the increase in lending after the global financial crisis. In the case of some MDBs, a significant portion of this number is due to the reorientation of pre-Covid loans rather than an expansion of their total exposure to loans.

The main reason MDBs have failed to pull all cylinders in response to the global pandemic is the restrictive capital adequacy policies and the associated goal of maintaining the AAA credit rating. AAA is the highest possible credit rating that can be assigned to an institution by rating agencies.

A 2019 to study by Riccardo Settimo of the Bank of Italy concluded that four MDBs – the World Bank, the Asian Development Bank, the Inter-American Development Bank and the African Development Bank – could more than triple their unused lending capacity by 415 billion to $ 1.3 billion if they moderately increased their leverage ratio and instead opted for an AA + credit rating. The New Development Bank’s experience (rated AA +) in international capital markets has shown that there is a negligible difference of 10 to 15 basis points in the cost of financing an AA + institution compared to an AAA institution. .

MDBs were created in the aftermath of World War II to help with economic reconstruction and were specifically designed to play a critical counter-cyclical role during crises. The global pandemic has been a powerful reminder of the crucial importance of multilateral institutions in addressing global challenges, which have no respect for borders.

These banks raise most of their funding in international capital markets by issuing bonds at rates significantly lower than those developing countries can raise themselves. For this reason, AAA credit rating was assumed to be at the heart of their business model.

In 2015, the BRICS countries (Brazil, Russia, India, China and South Africa) created the New Development Bank. He was strongly encouraged to go back to first principles, to challenge accepted ideas and established practices of financing for development. For example, in 2015, KV Kamath, the bank’s first president, questioned the benefits of an AAA credit rating for development banks given the considerable costs in terms of required capital levels, low ratios of leverage and ultra-conservative risk limits.

Faced with the worsening economic devastation due to the global pandemic, the worsening climate crisis and the urgent need to get back on track with the 2030 development agenda, this question is no longer a curiosity. academic.

In 2017, the G20 appointed a group of eminent personalities (EPG) led by former Singapore Deputy Prime Minister Tharman Shanmugaratnam to recommend reforms to the global financial architecture. Chief among the proposed reforms was a reassessment of “regulatory capital and other prudential standards for MDBs”. The group report specifically called for “establishing tailor-made capital and liquidity frameworks for MDBs”.

This was a clear indication that the current MDB capital adequacy policies are too conservative and no longer fit for purpose. However, not much has been done on this front since the report was released in 2018.

But recently the idea has received new impetus. In July, the G20, under the Italian presidency, announced an independent review of the capital adequacy frameworks of multilateral development banks. It may seem like a strictly technical exercise, but it could lead to a rewrite of the rulebook as it applies to BMDs.

While at the head of the G20, Italian Prime Minister Mario Draghi can leave a lasting legacy by invoking the same spirit “no matter what” he displayed in the face of the euro area crisis when he was president of the European Central Bank. The ambition of the G20 review was not to rethink the economic model of the MDBs. But he could end up having this result and in the process freeing up billions of dollars to be funneled into development and the fight against climate change.


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KlaymanToskes Continues to Investigate Potential Claims on Behalf of Southport Capital and Oppenheimer Clients Regarding Ponzi Program Investment Losses https://angil.org/klaymantoskes-continues-to-investigate-potential-claims-on-behalf-of-southport-capital-and-oppenheimer-clients-regarding-ponzi-program-investment-losses/ https://angil.org/klaymantoskes-continues-to-investigate-potential-claims-on-behalf-of-southport-capital-and-oppenheimer-clients-regarding-ponzi-program-investment-losses/#respond Fri, 03 Sep 2021 19:25:00 +0000 https://angil.org/klaymantoskes-continues-to-investigate-potential-claims-on-behalf-of-southport-capital-and-oppenheimer-clients-regarding-ponzi-program-investment-losses/ GREENSBORO, North Carolina, September 03, 2021– (COMMERCIAL THREAD) – National investor fraud law firm KlaymanToskes (“KT”) is continuing its investigation of potential securities claims on behalf of former and current clients of Oppenheimer & Co., Inc. (” Oppenheimer “) (NYSE: OPY) and Southport Capital which invested in Horizon Private Equity III (” Horizon “) through […]]]>

GREENSBORO, North Carolina, September 03, 2021– (COMMERCIAL THREAD) – National investor fraud law firm KlaymanToskes (“KT”) is continuing its investigation of potential securities claims on behalf of former and current clients of Oppenheimer & Co., Inc. (” Oppenheimer “) (NYSE: OPY) and Southport Capital which invested in Horizon Private Equity III (” Horizon “) through John Woods, former financial advisor to Oppenheimer.

Oppenheimer customers recently heard about the massive $ 100 million Ponzi scheme designed by former Oppenheimer’s registered representative, John Woods, through his consulting firm, Southport Capital. From 2008 to 2016, John Woods and his brother Jim reportedly solicited a significant number of Oppenheimer’s clients to invest in Horizon while the Woods were registered as brokers and investment advisers with the brokerage firm. August 25e, the director of the SEC’s Atlanta regional office said: “As alleged in the complaint, Woods and Southport took advantage of their clients’ fears of losing their hard-earned savings and convinced them to put millions of dollars in a Ponzi scheme by falsely promising them a safe. investment with stable returns. “

According to securities attorney Lawrence L. Klayman, Esq., “For years, Oppenheimer ignored red flag after red flag showing John Woods’ financial misconduct through Horizon and Southport Capital, and Woods’ activities are liable to prosecution as part of a securities claim in order to recover. “

The sole purpose of this release is to investigate potential claims relating to Oppenheimer’s surveillance woods and the Horizon Ponzi scheme. Oppenheimer is responsible for overseeing all activities of registered counselors, including “to sellPrivate Equity Transactions. Current and former clients of Southport Capital and Oppenheimer who have invested in Horizon and who have information relating to the management of their investments, are encouraged to contact Securities Lawyer Lawrence L. Klayman, Esq ., at (561) 542-5131, and download our Special report.

About KlaymanToskes

KT is a leading national securities law firm engaged exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors worldwide in securities matters. important and complex. KT has recovered more than $ 220 million for investors in FINRA arbitrations. KT has offices in California, Florida, New York, and Puerto Rico.

Destination: https://klaymantoskes.com/horizon-oppenheimer-ponzi-scheme-investigation/

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210903005424/en/

Contacts

KlaymanToskes
Lawrence L. Klayman, Esq.
(561) 542-5131
lklayman@klaymantoskes.com
www.klaymantoskes.com


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GoldPoint Partners management team leaves parent company management https://angil.org/goldpoint-partners-management-team-leaves-parent-company-management/ https://angil.org/goldpoint-partners-management-team-leaves-parent-company-management/#respond Tue, 31 Aug 2021 22:30:02 +0000 https://angil.org/goldpoint-partners-management-team-leaves-parent-company-management/ Six members of the GoldPoint Partners management team, including the CEO Tom haubenstricker resigned on Monday, according to people with knowledge of the situation. The other outgoing executives are CIO Quint barker; Vijay Palkar, head of the investment team and managing directors Scott Iorio, Michael kho and Binayak Mishra. Sources said the team left due […]]]>

Six members of the GoldPoint Partners management team, including the CEO Tom haubenstricker resigned on Monday, according to people with knowledge of the situation.

The other outgoing executives are CIO Quint barker; Vijay Palkar, head of the investment team and managing directors Scott Iorio, Michael kho and Binayak Mishra. Sources said the team left due to differences over the new direction of New York Life Investment Management’s alternative business, which includes increased collaboration on deals between the three alternative stores. The new vision for the alternatives industry also calls for executives at each of the store’s companies to increase their strategy skills, the people said.

Members of the original team could not immediately be reached for comment.

GoldPoint Partners is the private equity business of New York Life Investment Management. Eighteen months ago, NYLIM consolidated its three alternative investment boutique businesses – GoldPoint, Madison Capital Funding and PA Capital – under the new umbrella name New York Life Investments Alternatives these people said. NYLIM’s alternative businesses have $ 35 billion in assets under management. Of this total, GoldPoint represents approximately $ 15.5 billion. Madison Capital is a private credit manager while PA Capital invests in private equity, real assets and long / short equity.

The departing team is replaced by Sean gelb, Chief Financial Officer of GoldPoint, who has been appointed to an additional role of Interim Director of GoldPoint. Chris Stringer, President of PA Capital, will retain his current role and also assume the title of Senior Director at GoldPoint, with a focus on primary fund investments. Richard Wiltshire, Managing Director of PA Capital, will retain his current role and assume the role of Managing Director at GoldPoint, with a focus on private equity co-investments.

Robert douglass, Credit Director of Madison Capital Funding, will assume the additional Senior Director position at GoldPoint, with a focus on private debt investments. Sunil Mehta, Managing Director and Head of General Arrangements at Madison Capital Funding, holds the additional Senior Director position at GoldPoint, with a focus on managing GP relationships.

There have been a number of changes in NYLIM’s alternative investment business over the past 18 months. In June, Chris Taylor took over as head of alternative businesses while retaining his role as CEO of Madison Capital. That same month, John Schumacher, co-founder and chairman of GoldPoint, retired and assumed the role of senior advisor to GoldPoint and a non-voting member of its investment committee.

“We have been investing in the US private equity markets for decades through GoldPoint Partners, Madison Capital and PA Capital,” a NYLIM spokesperson said in an email. “We have enormous confidence in the leadership and staff of our alternative investment business who will continue to provide exceptional service to our sponsors and clients and manage the funds in accordance with their investment objectives during this transition period. “


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Australian COVID-19 Panel Supports Reopening Plans Amid Delta Outbreak | Coronavirus pandemic News https://angil.org/australian-covid-19-panel-supports-reopening-plans-amid-delta-outbreak-coronavirus-pandemic-news/ https://angil.org/australian-covid-19-panel-supports-reopening-plans-amid-delta-outbreak-coronavirus-pandemic-news/#respond Tue, 24 Aug 2021 04:11:23 +0000 https://angil.org/australian-covid-19-panel-supports-reopening-plans-amid-delta-outbreak-coronavirus-pandemic-news/ Prime Minister Scott Morrison has said the “forever” lockdowns will do more harm than good for the country, although he acknowledges his concern over infections. Australia can continue with plans to reopen when the country hits 70-80% of immunization levels, the government’s pandemic modeling adviser has said, although some states have hinted they may not […]]]>

Prime Minister Scott Morrison has said the “forever” lockdowns will do more harm than good for the country, although he acknowledges his concern over infections.

Australia can continue with plans to reopen when the country hits 70-80% of immunization levels, the government’s pandemic modeling adviser has said, although some states have hinted they may not relax the rules. border restrictions if Sydney fails to control its Delta outbreak.

The news comes as New South Wales (NSW) Premier Gladys Berejiklian said on Tuesday officials “are having conversations” about the possibility of giving vaccinated people additional freedoms as her state reaches its target of six million shots – about half the doses needed to immunize its adult population. NSW reported 753 new local cases on Tuesday.

The Melbourne-based Doherty Institute said the country should focus on limiting the number of COVID-19-related deaths and hospitalizations from its current zero-case strategy, when at least 70% of the country’s population over the age of 16 is fully immunized.

“This level of vaccination will make life with the virus easier, as we do with other viruses such as the flu,” he said in a statement Monday evening.

“Once we reach 70% immunization coverage, it is possible to open dozens or hundreds of cases nationwide per day. “

Currently, 30 percent of Australia’s adult population have been fully immunized, while 53 percent have received at least one dose.

Australia in July unveiled a four-step plan for greater freedom with higher vaccination rates.

But the states of Queensland and Western Australia have signaled that they may not stick to the deal as drafted when the number of cases in Sydney was much lower.

Prime Minister Scott Morrison acknowledged the concerns of some states over the Sydney epidemic, but said the “forever” closures would do more harm than good for the country.

“It doesn’t matter if it’s 30 cases or 800 cases, the conclusions are the same, and that’s what the Doherty Institute said … we can do it safely and we have to do it,” he said. Morrison told Nine News on Tuesday.

Australia has suffered less from the coronavirus pandemic than many other developed countries with around 44,600 cases and 984 deaths.

But a third wave of Delta variant infections have plunged Sydney and Melbourne, its largest cities and capital Canberra, into a weeklong lockdown.

Victoria state reported 50 new locally acquired cases on Tuesday, up from 71 a day earlier.

Of the new cases, 39 were infectious in the community, with a number of officials saying they need to come down to near zero to ease restrictions.


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Schools in Florida’s capital will require masks – San Bernardino Sun https://angil.org/schools-in-floridas-capital-will-require-masks-san-bernardino-sun/ https://angil.org/schools-in-floridas-capital-will-require-masks-san-bernardino-sun/#respond Sun, 22 Aug 2021 19:57:08 +0000 https://angil.org/schools-in-floridas-capital-will-require-masks-san-bernardino-sun/ Associated press Tallahassee, Florida – The principal of the Florida capital needs a mask for K-2 students on Sunday, and is the seventh district to oppose such COVID-19 mandates from Governor Ron DeSantis . Announced that it will be. Leon County coach Rocky Hanna said the coronavirus wave has been positive in the region since […]]]>

Associated press

Tallahassee, Florida – The principal of the Florida capital needs a mask for K-2 students on Sunday, and is the seventh district to oppose such COVID-19 mandates from Governor Ron DeSantis . Announced that it will be.

Leon County coach Rocky Hanna said the coronavirus wave has been positive in the region since the school opened in Tallahassee and its suburbs on August 11. Parents who do not want elementary and secondary school students to wear masks should receive signed notes from their child. doctor or psychologist by Friday, he said.

Leon, who has 32,000 students, initially had such an obligation after DeSantis and the Richard Corcoran School Board said the district could only impose a mask obligation if parents could remove themselves from their children. Took of. They threaten to impose stricter duties and cut funding to districts that impose sanctions on elected officials.

Hannah said she “fully supports the rights and freedoms of individuals and the rights of their parents,” but that does not include the right to endanger the health of others.

“I don’t think masks are universal, but we know masks make a difference. The majority of healthcare professionals tell us they are making a difference. Hannah said in a statement posted on Facebook.

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Pandemic Details:

– Blockage or vaccine? Three Pacific countries attempt a road of divergence

– Conflict between masks and vaccines in the United States turns into violence and harassment

– Pandemic fiction: fall books contain stories of viruses

– Reverend Jesse Jackson, wife Jacqueline, hospitalized with COVID

– Hurricane Henri blocks the Central Park concert and evokes the rebound of the New York virus

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Learn more about AP coverage at https://apnews.com/hub/coronavirus-pandemic and https://apnews.com/hub/coronavirus-vaccine

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What else is happening:

Washington – Even though the United States Food and Drug Administration fully approves Pfizer’s COVID-19 vaccine, General Vivek Murthy of the United States Food and Drug Administration has said he would not be surprised and expects that schools and businesses impose more of the vaccine. to augment.

Mercy said he didn’t want to precede the FDA’s announcement on Sunday, but disagreed with what might happen this week. He cited a wealth of data showing that Pfizer’s double-dose regimen is safe and effective.

The vaccines are currently distributed under emergency use clearance from the FDA. Mercy said he believes once authorities complete a full review and issue their approval, more Americans will be persuaded to take photos.

He also predicted more vaccine needs, including teachers and staff, and explained his obligations as “reasonable” to do to create a safe environment for children and others.

Given the highly contagious delta variant, Mercy said “we need to take all possible measures” when health and wellness is “on the right track”.

He spoke about CNN’s “State of the Union”, ABC’s “This Week” and “Fox News Sunday”.

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Austin, Texas – Texas Governor Greg Abbott said he tested negative for COVID-19 just four days after testing positive.

“They say my infection was short and mild, thanks to the vaccines I received,” Abbott said in a video clip posted on his Twitter account Saturday. “So if you haven’t been vaccinated yet, we recommend that you consider getting one.”

When the Republican governor announced Tuesday that the virus had tested positive, his office said he was healthy and asymptomatic. Abbott said on Saturday he would continue to self-quarantine as recommended by his doctor.

Vaccinated in December, Abbott refused to call for the reinstatement of Mask’s obligations due to the proliferation of highly contagious delta mutants in Texas. The day after his unmasked appearance indoors near Dallas, he tested positive for the virus as he spoke to a room packed with Republican supporters.

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Quds – According to state media, Iran has reported the highest number of daily deaths from COVID-19 during a pandemic.

Official IRNA news outlets said on Sunday that 684 people had died of the disease since Saturday, but more than 36,400 new cases were identified within the same 24 hours.

A previous daily record of deaths from COVID-19 in Iran was recorded on August 16. The next day, Iran reported the highest number of daily cases of over 50,000.

The five-day blockade of the country ended on Saturday.

The current wave of infection is the fifth in the Iranian pandemic, fueled by highly contagious delta mutants. The country is also struggling to vaccinate its population against the coronavirus. About 7% of Iranians are fully vaccinated.

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New Zealand, Wellington – Japan, Australia and New Zealand all survived the first year of the coronavirus pandemic under relatively good conditions, but to cope with the new outbreak of the rapidly prevailing delta mutant. I am on a forked road.

The discovery of a single local case of COVID-19 in New Zealand was enough for the government to put the entire country in a strict blockade last week.

But in other parts of the Pacific, Japan is resisting such measures in the face of record surges, emphasizing its accelerated vaccination program instead. And Australia fell somewhere in the middle.

Different approaches can have far-reaching consequences for the economies of these countries and the health of their citizens.

Professor Michael Baker, an epidemiologist at the University of Otago in New Zealand, said countries around the world are struggling to adapt to highly contagious mutants.

“In the delta variant, the old rules don’t work,” he said.

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Nashville, Tennessee – A conservative talk radio host from Tennessee, who was skeptical of the vaccine until he was admitted to COVID-19, has died. He was 61 years old.

Nashville radio station SuperTalk 99.7 WTN confirmed Phil Valentine’s death in a tweet on Saturday.

Valentine was skeptical of the coronavirus vaccine. However, after testing positive for COVID-19, before being hospitalized, he asked the listener to ask, “If I get this COVID, can I die?” If so, he advised them to get the vaccine. He said he chose not to get the vaccine because he thought he probably wouldn’t die.

After Valentine was transferred to the emergency room, his brother Mark said the radio host regretted that “he was not a strong supporter of vaccination”.

“If he can tell you, he will tell you,” go get vaccinated. Stop worrying about politics. Don’t worry about all the conspiracy theories, ”Mark Valentine told the Tennessees on July 25.

“He regrets no longer sticking to vaccination. Look at his father’s data, ”said Mark Valentine.

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Chicago – Citizenship leader and two-time presidential candidate Jesse Jackson and his wife Jesse Luck have been hospitalized after testing positive for COVID-19, according to a statement on Saturday.

Reverend Jackson, 79, was vaccinated against the coronavirus and was vaccinated for the first time in an event announced in January. He urged others to get vaccinated as soon as possible. He and his wife, 77, are being treated at Northwest Memorial Hospital in Chicago.

“Doctors are currently monitoring both conditions,” according to a statement from Rainbow / Push Union, a nonprofit organization of Jesse Jackson.

“There are no further updates at this time,” the statement read. “We will provide updates as they become available.”

A follower of the Reverend Martin Luther King, Jackson has played an important role in guiding the modern civil rights movement on many issues, including voting rights.

Although he was diagnosed with Parkinson’s disease, he remains active and advocates for a COVID-19 vaccine for blacks who are lagging behind whites in the U.S. vaccination campaign.

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Frankfort, Kentucky – The efforts of the Governor of Kentucky to fight COVID-19 have suffered a groundbreaking legal defeat.

The state’s High Court on Saturday paved the way for the entry into force of a law limiting its emergency powers. The state’s Supreme Court has ordered lower courts to lift an injunction blocking a new Republican-backed law that limits the emergency powers of Democratic Governor Andy Beshear.

The decision revolves around a controversy between Bescher and the Republican-led legislature over the scope of the governor’s executive branch in an emergency. This is due to the increase in COVID-19 cases and hospitalizations in Kentucky.

The governor lifted most pandemic restrictions in June. However, due to the increase in COVID-19 cases due to the delta variant, he signed a recent decree imposing an indoor mask requirement on programs from kindergarten to high school, child care and preschool throughout Kentucky. low.

One of the contested laws limits the governor’s decree for emergencies to 30 days, unless extended by lawmakers.

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Paris – Thousands of protesters once again marched through towns and villages across France against the COVID-19 Health Pass required to enter restaurants, cafes, cultural and sports facilities.

Six times in a row on Saturday, he accused his opponents of seeing it as a limitation of their freedom. Many have criticized the measure, saying the French government has implicitly mandated the vaccines.

In Paris, four demos were organized by different groups. There have been more than 200 protests elsewhere in the country.

Despite the protests, polls have shown that the majority of French people support the health route. In France, more than 40.5 million people, or 60%, are fully vaccinated.

Since last month, France has recorded a large number of infectious diseases – around 22,000 per day.

Schools in Florida’s capital will require masks – San Bernardino Sun Source link Schools in Florida’s capital will require masks – San Bernardino Sun


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We must reverse the blow that COVID has dealt to American life expectancy. Here is how | Ray E. Landis https://angil.org/we-must-reverse-the-blow-that-covid-has-dealt-to-american-life-expectancy-here-is-how-ray-e-landis/ https://angil.org/we-must-reverse-the-blow-that-covid-has-dealt-to-american-life-expectancy-here-is-how-ray-e-landis/#respond Sun, 22 Aug 2021 10:38:57 +0000 https://angil.org/we-must-reverse-the-blow-that-covid-has-dealt-to-american-life-expectancy-here-is-how-ray-e-landis/ The news has taken a depressing turn in recent weeks. Reports of the rise in COVID-19 cases, the recapture of Afghanistan by repressive religious fanatics, and the fires and floods around the world show problems that are difficult to resolve. The pessimistic situation is exacerbated by the number of people who now depend on social […]]]>

The news has taken a depressing turn in recent weeks. Reports of the rise in COVID-19 cases, the recapture of Afghanistan by repressive religious fanatics, and the fires and floods around the world show problems that are difficult to resolve.

The pessimistic situation is exacerbated by the number of people who now depend on social media for their information. Twitter and Facebook have flourished as places to complain and cynically criticize, and those who use them exclusively to keep abreast of current events can hardly be blamed if they are sure that civilization is about to go. collapse.

So, it may be surprising to recognize that in the midst of all the negativity today, there are a lot of good things to celebrate. The United States and much of the world continue to make progress in improving the lives of its citizens.

Is progress going as fast as many of us want it to be? Of course not. We still live in an extremely unequal country and world, where skin color and the circumstances of birth play far too important a role in determining the path of life. The thirst for money and power still dominates the destiny of nations and the global environment.

Yet, compared to 25, 50 or 100 years ago, more people have opportunities they could only dream of in previous generations. Blatant discrimination based on gender, skin color or sexual orientation has decreased. Access to education has widened. Advances in technology and transportation have opened up new worlds for many.

But perhaps the greatest advance has been in longevity. Life expectancy in the United States has increased from less than 70 years in 1960 to almost 79 years in 2019. A troubling reality of this statistic is the recent news that life expectancy has dropped by almost 1, 5 years in 2020. COVID-19 is at the origin of this reversal. , because the vast increase in deaths during the pandemic shows how statistical trends cannot explain such a dramatic event.

As the COVID-19 tragedy is a step backwards, the progress our health care system and our social insurance network are making in providing Americans with better lives is a story we take for granted. Social Security celebrated its 85th anniversarye anniversary last week, while Medicare turns 50 in three years.

Wolf Administrator’s Proposed Nursing Home Regulations Have Costs | Ray E. Landis

Both of these programs deserve a great deal of credit not only for increasing the longevity of Americans, but also for the vast improvement in the way older Americans live as they age. Because not only do people live longer, but they generally lead healthier and more active lives.

We always celebrate when someone turns 100. But many may not remember when it was such a rare occasion that TODAY meteorologist Willard Scott announced the names of everyone across the country who turned 100 every morning at the end of his report. , often with a photo of the celebrant.

No national television show has time to mention every American who turns 100 today. But we must take the time to celebrate the progress that is enabling more and more people to reach such a milestone.

Not too much time though. Because progress must be defined as a willingness to accept change in order to improve everyone’s situation. And large segments of our society are not interested in changes that threaten their current wealth, power or position in society.

The recent announcement of the 2020 census results shows an older and more diverse nation with a larger portion of its population concentrated in urban and suburban areas. These numbers point us to policy adjustments that reflect these demographic trends in order to maintain progress in improving the quality of life for Americans.

My Family’s Long Term Care Story – and What It Says About the Challenges We All Face | Ray E. Landis

But resistance to such political adjustments is intense on the part of those who would lose power and influence – and money. The realities of a changing climate, a changing population and shifting priorities mean that societal investments are going to be needed, but the growing wealth gap and the desire of those at the top of that gap to stay there. will lead to a bitter struggle to prevent the kinds of initiatives needed.

Change and progress is complicated business. The mess is often dramatic and it’s the kind of thing social media thrives on. But like any good home improvement project, the mess that is created leads to an end result that makes life better. We need to keep working to make sure our current mess translates into a better future.

Ray E. Landis writes about issues important to older Pennsylvanians. Her work appears every two weeks on Capital-Star’s comments page. Readers can follow him on Twitter @RELandis.



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V1 Sports secures strategic capital investment | State https://angil.org/v1-sports-secures-strategic-capital-investment-state/ https://angil.org/v1-sports-secures-strategic-capital-investment-state/#respond Tue, 10 Aug 2021 18:15:00 +0000 https://angil.org/v1-sports-secures-strategic-capital-investment-state/ NOVI, Mich., August 10, 2021 / PRNewswire-PRWeb / – With a recently closed funding round by Black Cat Ventures, V1 Sport (V1), the leader in video analytics software and mobile applications, revolutionizing the way coaches and athletes improve, will pursue projects that strengthen the brand as the number one solution provider for these instructors, coaches […]]]>

NOVI, Mich., August 10, 2021 / PRNewswire-PRWeb / – With a recently closed funding round by Black Cat Ventures, V1 Sport (V1), the leader in video analytics software and mobile applications, revolutionizing the way coaches and athletes improve, will pursue projects that strengthen the brand as the number one solution provider for these instructors, coaches and improvement-oriented athletes. Black Cat Ventures is the golf technology fund founded by Michael jordan and managed by its partners Ken weyand and Darren May, the General Manager and Golf Coach of Grove XXIII at Hobe Sound, Florida, respectively.

Under the direction of the CEO Bryan finnerty, V1 has become a vital game improvement ecosystem for coaches and athletes in several sports. Running the 26-year-old company with the energy and leadership of a revolutionary start-up, Finnerty has added an expert management team, expanded the product line and positioned V1 as one of the leading developers of sports improvement software applications. As a long-time leader in the golf industry, V1 offers the best professional and consumer video analysis apps to improve your swing, and the most innovative GPS and stats app with automatic stroke tracking intelligence. to improve your score.

“Our team has worked hard to make V1 Sports mean ‘more things for more athletes’ and to be attractive to potential investors,” said Finnerty. “We are delighted that our investors’ enthusiasm for the process of sports education, development and training truly aligns and now establishes the framework of an ecosystem that athletes and coaches can trust for life. . “

Despite being best known for its innovative video analytics platform, V1 has steadily grown its stable of game-enhancing technologies in recent years. Mobile Pressure mat V1, provides instant visual feedback and ground pressure data integrated into the V1 video stream and has become a powerful tool for the player and coach to see and quantify what the athlete could only feel in the past. 2020 saw the launch of the Game V1 mobile app for GPS course data, intelligent automatic stroke tracking and powerful statistical analysis providing information to golfer and instructor to assess course performance. Also last year, V1 launched the Baseball V1 segment of its activity, extending its scope beyond golf.

Finnerty, an entrepreneur and former professional football goalkeeper of the National Professional Football League, laid the groundwork for V1’s expansion with a calculated restructuring. This latest investment in V1 will accelerate plans to further consolidate the brand as the go-to solution for data capture, analytics, education and training, including new and improved ways for athletes to achieve this. they need coaches who have the expertise to help them. them in their journey.

“As a complete ecosystem for learning, practicing, improving, coaching and trading, we find that the amount of data available to athletes today is vast, but we want to help athletes , from professionals to enthusiasts, to interpret this data in a way that actually helps them perform better. Our investors’ belief in our trajectory, and how it matches their overall vision of providing training methodologies and ‘elite training to more athletes is a huge inspiration to our growth process, “said Finnerty.” The best trainer for you might be 3,000 kilometers away, but it shouldn’t be. restrict your access to learning how elite athletes learn in a way that fits your goals and your lifestyle. “

To learn more about V1 Sports, its current products and future plans for athletes and coaches, visit http://www.v1sports.com.

About V1 Sports

V1 Sports creates innovative software, systems and services that provide athletes and coaches with integrated tools for video capture and analysis, ground pressure measurement, game tracking and statistics, to revolutionize the improvement. Founded in 1995, V1 Sports offers tools for capturing, examining and analyzing sports movements and is the pioneer in providing seamless voice over video lessons with built-in telestration, pressure data and personalized tips and exercises. With over 10,000 coaches and three million athletes, V1 Sports is the leading video analytics solution for the world’s most respected coaches, instructors, athletes and training centers. the Golf V1 App enjoys global leadership among consumers, as evidenced by millions of downloads. V1 Golf has been repeatedly ranked as the # 1 video analytics app by Golf Digest. V1 Game was named Best Apple Watch App for Golf by GolfPass in 2021. Visit https://v1sports.com/. Follow V1 Sports on Twitter, Facebook and Instagram @ v1sports.

Media contact

Kevin Frisch, Kevin Frisch PR, +1 (989) 614-0241, kevin@kevinfrischpr.com

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