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first_imgGovernor Jim Douglas yesterday received a letter from Chairman of the House Committee on Transportation and Infrastructure, James Oberstar (D-MN) commending Vermont for ranking first in nation for “the percentage of wastewater infrastructure Recovery Act funds put out to bid, under contract, and underway.”  Vermont has committed all of its wastewater infrastructure funds from the American Recovery and Reinvestment Act of 2009 (ARRA).“The entire Recovery Act team, from our Office of Economic Stimulus and Recovery to the Department of Environmental Conservation, has done a tremendous job ensuring that we are getting these critical infrastructure funds into our communities and creating jobs expeditiously,” said Governor Douglas.  “When Congress passed the Recovery Act last year, it was up to the states to implement much of the funding.  We are doing our part to get the money into our economy quickly, while being responsible stewards of the public’s resources.”Wastewater infrastructure projects funded through ARRA include the Twin Oaks stormwater project in South Burlington, the combined sewer overflow elimination project in Springfield and a solar panel installation project at the wastewater treatment plant in Montpelier, among others.  Department of Environmental Conservation Commissioner Justin Johnson said of the state’s work, “With a combination of smart work and good sense, Vermont was able to identify good projects and get the stimulus funds obligated quickly and efficiently.”Source: Governor’s office. 5.7.2010###last_img read more

first_imgReservists are not full-time members of the Military. They include professionals, such as doctors and lawyers, college students, and blue-collar workers, such as plumbers and carpenters. Because they are part of the community, reserve Soldiers help build a rapport between the Military and the civilian population. Overall, the Guatemalan Armed Forces includes 22,000 Soldiers; 2,000 Military police agents; 900 Sailors; and 750 Air Force members. The Guatemalan Army welcomed more than 50 women to the 2015 training cycle for the Military Reserves, which kicked off in January with events at Constitution Square in the capital, as well as the central parks of the country’s 22 departments. The Guatemalan Army is doing significant outreach to attract women to the Reserves and active service. The Army is considered to offer good professional opportunities for Guatemalan women, with more room for advancement than other fields. “We have had a process of maturity that has allowed for the inclusion of women,” said Defense Minister Manuel López Ambrocio, at the celebration. “They salute Guatemala saying, ‘I’m here.’ They are of vital importance to the Army.” Diversity in the Military Reserves Equalty for women in the Military “Women were admitted for the first time to the Adolfo V. Hall institutes, where they graduate as Reserve Second Lieutenant in the Infantry and bachelors in Arts and Sciences, and they also could attend the Polytechnic School,” Col. Mérida said. “There is a diversity of people who form the Military Reserves. There are some who have not had … the opportunity to graduate from school, and there are professionals,” he said. “Women were admitted for the first time to the Adolfo V. Hall institutes, where they graduate as Reserve Second Lieutenant in the Infantry and bachelors in Arts and Sciences, and they also could attend the Polytechnic School,” Col. Mérida said. Infantry Colonel Enrique Juchuña Cumez, commander of the country’s Military Reserves, told journalists that about 2,300 young people signed up for this year’s class, including more than 50 women. They will be trained in humanitarian aid, disaster mitigation, civil defense, disarming criminals, map reading and knowledge, human rights, and first aid, he said. In addition, Reserve Soldiers are trained to work in Public Security units, and serve on United Nations peacekeeping missions. By Dialogo February 16, 2015 “In a country with limited spaces for women’s involvement, the Army is promoting and creating these spaces for participation,” said retired Army Colonel Mario Mérida. “The female graduates of the Civil Military Institutes Adolfo V. Hall are very successful in universities around the country, while those who graduate from the Polytechnic School are looking forward to a 30-year professional career.” “The Guatemalan society needs to break with some paradigms that assume women have limited possibilities of advancement in the Armed Forces due to their role as mothers, and considering the benefits that derive from women gaining more independence as they become professionals,” he said. While the age to join the Military Reserves is between 18 and 29, the officer highlighted the fact that 61-year-old Corporal Feliciano Carrillo attends training every Sunday. In October, as he visited the Mariscal Zavala Military base in the capital, Col. Juchuña praised the Reservists, who come from all walks of life. The inclusion of women in the Guatemalan Armed Forces was the central message of last year’s commemoration of Army Day and the Anniversary of the 1871 Revolution on June 30. At the time, the Defense Ministry also announced the implementation of a section for coordination and collaboration with the Specific Cabinet for Women, headed by Vice President Roxana Baldetti. Reservists are not full-time members of the Military. They include professionals, such as doctors and lawyers, college students, and blue-collar workers, such as plumbers and carpenters. Because they are part of the community, reserve Soldiers help build a rapport between the Military and the civilian population. The Military Reserves command unit has been helping protect the civilian population since it was created by a presidential decree on September 10, 1954. Women joined the ranks of Military Reservists in 1976. Diversity in the Military Reserves In 2014, a woman earned the rank of First Sergeant, the highest in the Military Reserves, proving that women have opportunities for advancement within the Military, according to Col. Merida. “The Guatemalan society needs to break with some paradigms that assume women have limited possibilities of advancement in the Armed Forces due to their role as mothers, and considering the benefits that derive from women gaining more independence as they become professionals,” he said. Equalty for women in the Military Overall, the Guatemalan Armed Forces includes 22,000 Soldiers; 2,000 Military police agents; 900 Sailors; and 750 Air Force members. On what date does the 2015 military reserves start here in Retalhuleu? In 2014, a woman earned the rank of First Sergeant, the highest in the Military Reserves, proving that women have opportunities for advancement within the Military, according to Col. Merida. While 1980 marked the official inclusion of women in the Military Reserves, 1997 was an important year for Guatemalan women in the Armed Forces. “In a country with limited spaces for women’s involvement, the Army is promoting and creating these spaces for participation,” said retired Army Colonel Mario Mérida. “The female graduates of the Civil Military Institutes Adolfo V. Hall are very successful in universities around the country, while those who graduate from the Polytechnic School are looking forward to a 30-year professional career.” “Guatemala, I’m here,” was the slogan chanted across the Central American nation by the young men and women who registered for the special military training that would lead to becoming members of the volunteer Army Reserves. The young Reservists join during a crucial time, since their country is facing increased security risks due to the prevalence of organized crime. The Guatemalan Army welcomed more than 50 women to the 2015 training cycle for the Military Reserves, which kicked off in January with events at Constitution Square in the capital, as well as the central parks of the country’s 22 departments. The Reservists are divided into 22 command centers with headquarters in the capital of each department. They will receive their training at the squad level, which is comprised of 10 Reserve Soldiers, and at the detachment level, which includes 30 to 40 Reservists. The Reservists are divided into 22 command centers with headquarters in the capital of each department. They will receive their training at the squad level, which is comprised of 10 Reserve Soldiers, and at the detachment level, which includes 30 to 40 Reservists. For Col. Mérida, the inclusion of women in the Armed Forces has been positive since the Army began promoting it in 1972. That year, the Army obtained the first scholarships for Guatemalan women in Mexican Army’s nursing school. The Military Reserves command unit has been helping protect the civilian population since it was created by a presidential decree on September 10, 1954. Women joined the ranks of Military Reservists in 1976. The inclusion of women in the Guatemalan Armed Forces was the central message of last year’s commemoration of Army Day and the Anniversary of the 1871 Revolution on June 30. At the time, the Defense Ministry also announced the implementation of a section for coordination and collaboration with the Specific Cabinet for Women, headed by Vice President Roxana Baldetti. “There is a diversity of people who form the Military Reserves. There are some who have not had … the opportunity to graduate from school, and there are professionals,” he said. “We have had a process of maturity that has allowed for the inclusion of women,” said Defense Minister Manuel López Ambrocio, at the celebration. “They salute Guatemala saying, ‘I’m here.’ They are of vital importance to the Army.” Opportunities for advancement The Guatemalan Army is doing significant outreach to attract women to the Reserves and active service. The Army is considered to offer good professional opportunities for Guatemalan women, with more room for advancement than other fields. In addition, Reserve Soldiers are trained to work in Public Security units, and serve on United Nations peacekeeping missions. “Guatemala, I’m here,” was the slogan chanted across the Central American nation by the young men and women who registered for the special military training that would lead to becoming members of the volunteer Army Reserves. The young Reservists join during a crucial time, since their country is facing increased security risks due to the prevalence of organized crime. In October, as he visited the Mariscal Zavala Military base in the capital, Col. Juchuña praised the Reservists, who come from all walks of life. For Col. Mérida, the inclusion of women in the Armed Forces has been positive since the Army began promoting it in 1972. That year, the Army obtained the first scholarships for Guatemalan women in Mexican Army’s nursing school. Currently, more than 600 women with official rank in the Army are working as field officers, in administration, in peacekeeping operations for the United Nations, and in other posts, Col. Mérida said. Infantry Colonel Enrique Juchuña Cumez, commander of the country’s Military Reserves, told journalists that about 2,300 young people signed up for this year’s class, including more than 50 women. They will be trained in humanitarian aid, disaster mitigation, civil defense, disarming criminals, map reading and knowledge, human rights, and first aid, he said. Currently, more than 600 women with official rank in the Army are working as field officers, in administration, in peacekeeping operations for the United Nations, and in other posts, Col. Mérida said. Opportunities for advancement While 1980 marked the official inclusion of women in the Military Reserves, 1997 was an important year for Guatemalan women in the Armed Forces. While the age to join the Military Reserves is between 18 and 29, the officer highlighted the fact that 61-year-old Corporal Feliciano Carrillo attends training every Sunday. The training, which lasts through November, follows a standardized syllabus. The reservists will undertake Military training along with training in the formation of the nation’s laws, Col. Juchuña explained. The Headquarters Command of the Military Reserves is responsible for providing trained reserve soldiers to support regular Army units responding to emergency situations, such as natural disasters, and to help in military operations if needed. When they are mobilized, Reserve Soldiers are sent to rendezvous centers located throughout the country to coordinate with Army units. The training, which lasts through November, follows a standardized syllabus. The reservists will undertake Military training along with training in the formation of the nation’s laws, Col. Juchuña explained. The Headquarters Command of the Military Reserves is responsible for providing trained reserve soldiers to support regular Army units responding to emergency situations, such as natural disasters, and to help in military operations if needed. When they are mobilized, Reserve Soldiers are sent to rendezvous centers located throughout the country to coordinate with Army units. last_img read more

first_imgA Luxembourg-based asset owner, which happens to be a fund management company (ManCo), has issued a request for proposals via IPE Quest for provision of a multi-asset class investment risk management system as well as an investment restrictions monitoring system for its fixed income and equities investment funds.According to search QN-2620, as of end of June 2020, the ManCo managed an umbrella fund with several sub-funds. It mainly invests in government debt instruments issued by emerging and frontier countries, being in hard or local currencies.One sub-fund is only dedicated to investment in equities, mainly blue chips. Derivatives are mainly linear and used for hedging purposes, at the exception of one sub-fund where options are used for speculative purposes, the notice clarified.The risk system, however, should be able to cover a wide range of asset classes in order to cope with the ManCo’s future projects (emerging and frontier corporate fixed income assets for instance). Another important element will be abilities for respondents to demonstrate their expertise and experience in offering multi-asset class risk systems and investment restrictions monitoring services on behalf of ManCos over the past five years.Regarding the risk management system, teh asset owner expects the following coverage:Leverage calculation (sum of notional and commitment as defined by ESMA guidelines 10-788 and CSSF circular 11/512);Value at Risk (compliant with requirements of ESMA guidelines 10-788 and CSSF circular 11/512);A dirty and clean back testing program;Statistical tests such as Kupiec and Christoffersen;Stress tests (historical and hypothetical);Liquidity risk calculations in line with CSSF circular 19/733 and ESMA guidelines 34-39-882;Calculation of SRRI values;Ability to support adhoc regulatory and client risk report risk.Regarding the investment restriction monitoring system, it expects:Coverage of legal rules set by Chapter 5 of the 2010 Law;Coverage of prospectus rules;Impact assessment in case of breach;Eligibility of assets controls.The deadline to participate is 9 September 2020 at 5pm UK time.Swiss pension fund tenders $200m high yield mandateA pension fund based in Switzerland has issued a tender through IPE Quest.The $200m (€167.8m) US high yield mandate – which will be managed as a single investor fund – will follow the Bloomberg Barclays US High Yield 2% Issuer constraint Index as benchmark.According to search QN-2619, the deadline for applications is 4 September at 5pm UK time. Applicants should state performance data to 30 June 2020, gross of fees.Interested managers – which should have a minimum track record absolute of eight years amd a minimum of $2bn of assest under management for this strategy – can respond to the tender in either English or German, the notice said.The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.To read the digital edition of IPE’s latest magazine click here.last_img read more

first_imgAfter losing all three of their matches against Penn State last season, Wisconsin’s volleyball team failed to turn their bad fortune around with another loss in University of Wisconsin’s Field House Wednesday night.No. 3 Penn State (13-1, 1-0 Big Ten) significantly outplayed No. 5 Wisconsin (9-2, 0-1 Big Ten) in front of a sold-out crowd. The Nittany Lions swept the Badgers in straight sets because of their impressive defensive game plan, aggressiveness at the net and balanced offensive attack.Senior right-side hitter Courtney Thomas, who racked up a combined 32 kills over the weekend against Washington and USC, was nearly nonexistent in the offensive game. She managed only one kill Wednesday.“They shut down Courtney Thomas,” head coach Kelly Sheffield said. “Their defensive game plan was probably a little bit better than what ours was.”Penn State made it a point of emphasis to keep one of Wisconsin’s biggest hitters quiet. They would often send two players to Thomas’ side of the court when she was about to hit, disrupting her shots. PSU out-blocked UW 16-14 in the match.Sheffield said that Penn State was determined to take away, not only Thomas’ part of the court, but the slides to the middle as well, making life rather difficult for the Badgers.The constant hands from the Nittany Lions in Thomas’ face caused her to hit an alarmingly low .167. As a team, Wisconsin only hit .148, compared to Penn State’s .288 hitting percentage. Thomas also had four errors throughout the match.Wisconsin senior outside hitter Ellen Chapman had a game-high 13 kills, one of the few bright spots for the Badgers. She said it was a combination of Penn State’s mobile back-line defense and net presence that led to the Badgers’ offensive woes.“I think both areas of their game are really solid,” Chapman said. “They’re blocking was really solid and they were getting a lot of hands and a lot of touches on everything, and that just made it harder for the hitters on our team to get kills.”“They have a really good backcourt, they were making some plays that I thought were down, and someone would just come out of nowhere and get it up.”One of the plays like the one Chapman mentioned was a long rally early in the first set. Several times it looked like Wisconsin had finally forced an error on Penn State, but the Nitanny Lions managed to get the point after many diving saves and stops. That rally was symbolic for the rest of the evening, with Penn State simply doing more than Wisconsin.Offensively, Penn State wisely avoided junior libero Taylor Morey. She was coming off a weekend in which she had 29 digs in both matches. Against the Nittany Lions, she had only nine.“They weren’t hitting to Taylor Morey, they were going to other areas of the court,” Sheffield said.Penn State senior setter Micha Hancock was effective against Wisconsin the entire evening, as she racked up 38 assists. But that wasn’t what made her a thorn in UW’s side. She tallied nine kills throughout the match, and only freshman outside hitter Simone Lee had more kills for the Nittany Lions with 12.Hancock would often catch the Badgers flat-footed, faking a set pass then quickly spiking the ball over the net before Wisconsin could react.A positive for the Badgers was the home crowd. A sellout was announced before the game, and the entire inner bowl of 6,012 people at the UW Field House was full by first-serve.“To walk in and see a full house and it being sold out prior to match time is just awesome,” Sheffield said. “It means so much to our program to have that kind of support.”The crowd got behind the Badgers when they fell behind early on in the sets. In the second and third sets, that confidence from the crowd got Wisconsin back in the game when they tied it up in the second and took the lead at one point in the third.“It makes me really disappointed that we didn’t win this match for them,” sophomore setter Lauren Carlini, who had 33 assists, said. “They got really loud at points, and they’re a very intelligible crowd when it comes to we’re starting to lose a little bit, they need to get louder.”Fans and fellow student athletes:You are truly amazing, and we love having your support. Stick with us, and we promise you won’t regret it.— Lauren Carlini (@laurencarlini) September 25, 2014 In those sets though, UW was never able to build and maintain a lead, something Sheffield attributes to the play of Penn State.“Every time we got close, they answered,” Sheffield said.Penn State was also able to bury the Badgers late in sets because Wisconsin’s fatigue began to show, according to Sheffield.“I thought we looked a little bit tired,” Sheffield said. “Anytime you see that from your team, that’s on the coaching staff. That’s on us.”Despite his team’s disappointing performance Wednesday, Sheffield hopes it does not discourage the fans from coming back and supporting the Badgers.“We were really excited by the energy in the crowd, we were really excited about the numbers in the crowd,” Sheffield said. “We hope that they continue to come back.”Unbelievable energy in the Field House last night. Thanks for the awesome support! Team will continue to get better. See you Sunday vs OSU!— Kelly Sheffield (@KellyPSheffield) September 25, 2014 We have the best fans around, it’s a marathon not a sprint so stick with us this year we need yall #onwisconsin— Haleigh Nelson (@haleighnelson1) September 25, 2014last_img read more