Oxford will be the host of the World Literacy Summit at the beginning of April of this year, as part of a new initiative to target the widespread problem of illiteracy.The main objective of the Summit is to stimulate greater levels of co-operation and partnerships in the global literacy sector. The organisers want to support the 796 million people who cannot read or write. World Literacy Foundation CEO Andrew Kay stated, “If a person does not have the solid base of literacy and numeracy skills that so many of us take for granted, their opportunities in life are far more limited.”One in five adults lack basic literacy skills and 67 million primary school aged children don’t attend school. The organisers believe that millions more are receiving education of such poor quality that it will do little to enhance their life chances.300 leaders from government, education and international development will converge on Oxford for the four days of the Summit. According to the organisers, this will include Heads of State, Ministers for Education, and literacy practitioners and experts.A recent report by the World Literacy Foundation highlighted that the economic and social costs of illiteracy are estimated at 2-2.5% of a country’s Gross Domestic Product. It also stated that the direct and indirect costs of low literacy rates to an economy include unemployment, poverty, and health and welfare costs. Kay also claimed that illiterate people are prone to making poor decisions on their health and personal welfare, which can trap people in a vicious cycle of poverty and disadvantage.“This is the first time that a global think tank of literacy experts has been dedicated to collectively addressing the problem of world literacy and its link to poverty,” he said.“Leaders and experts from the literacy community from around the world will attend this Summit in Oxford to build a collective plan of action to make inroads into addressing the illiteracy issue.”The event will be based in many of the university’s buildings, including the Sheldonian Theatre, Bodleian Library, Balliol, Trinity and Wadham College.
It’s unclear whether James will be performing by himself or with MMJ, but it is clear that this should be a great performance! Good luck getting in. Just a couple days after wrapping up an extraordinary run with My Morning Jacket at Red Rocks Amphitheatre in Morrison, CO, beloved frontman Jim James has made his way across the country for a free surprise show, tonight, in New York, NY. James just tweeted the announcement, which you can see below.NYC friends — surprise live show TODAY! 330 Hudson St. at 5PM for @cadillac opening of #CadillacHouse with a big ol’ block party. Free!— jim james (@jimjames) June 1, 2016
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They warned of similar risks in abolishing mandatory participation at sector schemes, although Beetsma said he did not expect companies would withdraw their pension assets from industry-wide funds “on a whim”.Restrictions should be imposed nonetheless, they said, allowing companies to switch every five or 10 years only, and then only after giving ample notice. In the same article, Van de Kieft and Beetsma said the “rigid application” of interest rates for discounting liabilities could threaten financial stability in times of financial stress.“A drop in market rates causes funding ratios to fall, which could force pension funds to replace equity with fixed income,” they said.“This would have a downward effect on markets, interest rates and schemes’ coverage, causing a vicious circle.”They sought to put this risk into perspective, however, by noting that pension funds based their policies on the average funding over the previous 12 months.They also have the option of spreading their recoveries from funding shortfalls over a 10-year period.The authors argued that the regulators’ tendency to prescribe risk-based buffer requirements – such as in the new financial assessment framework, Solvency II for insurers and Basel III – carried the risk of herding, which could increase volatility.They also pointed to the “potentially procyclical” character of the pensions system.“During an economic downturn, additional pension contributions could reinforce the crisis because they would reduce the disposable income,” they said. René van de Kieft, chief executive at asset manager MN, and Roel Beetsma, economics professor at Amsterdam University, have warned of a “bank run” on pension assets should the Dutch government relax rules enforcing mandatory participation in the system. In an article for ESB, a communications platform for economists, Van de Kieft and Beetsma argued that dropping the mandatory-participation rule – often suggested in the ongoing debate over the new Dutch pensions system – could be dangerous. “If participants, for whatever reason, suddenly lose faith in their pension fund, it suddenly may have to divest assets on a large scale, which could destabilise financial markets,” they said.They said individual freedom of choice, when drawing on pension assets, should be for specific purposes only, such as buying a house or as a lump sum at retirement.
Singapore-listed Triyards Holdings Limited has received termination notices for design and construction deals related to two chemical tankers.The shipbuilding contracts, dated June 26, 2015 and the addendum dated May 10, 2017, had an aggregate contract value of USD 51 million.The buyer of the chemical tankers, which delivered the notices of termination to Triyards’ subsidiary, Saigon Offshore Fabrication and Engineering Limited (SOFEL), has claimed for the reimbursement of all sums paid in advance on account of the contracts, amounting to USD 10.2 million.Separately, Triyards released its financial report for the full year ended August 31, 2017. The company informed that it ended the year with a loss of USD 162.5 million, compared to a profit of USD 17.8 million reported a year earlier.The company’s revenue for the period plunged by 64 percent to USD 116.2 million from USD 324.9 million seen in the twelve months ended August 31, 2016.
St. Nicholas 7th/8th Grade Volleyball Teams Defeat South Ripley.St. Nicholas 7th grade team defeated South Ripley in 2 sets with score of 25-6 and 25-5. The St. Nick 7th graders only had only 1 service error in the match giving them a 98% serving percentage for the night!The 8th grade St. Nicholas team won in 3 sets with scores of 22-25, 25-10, and 15-14. It was an exciting night of volleyball action. The girls fought for every point and ended the match with a kill.Courtesy of STN Coach Debbie Gregg.
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RelatedPosts Arsenal, Leeds, Everton battle for €40m Dennis Reinier completes Dortmund loan switch Manchester United target Sancho says ‘happy’ at Dortmund Borussia Dortmund is reportedly one of five clubs to have made a formal enquiry for Club Brugge striker Emmanuel Dennis. Belgian newspaper Het Laatste Nieuws reported last month that Borussia Dortmund have been following the progress of Emmanuel Dennis. Now Eurosport France claim that the Black and Yellows are one of five clubs to have contacted Club Brugge regarding the availability of the 22-year-old versatile forward. Bundesliga clubs RB Leipzig, Bayer Leverkusen, Italian side Napoli and Premier League club Southampton are said to be the other clubs interested in signing the highly rated forward. The report adds that Borussia Dortmund have already begun formal discussions about a possible transfer for the Nigerian international. Dennis has been primarily used as a number nine by Club Brugge, but he is also comfortable playing on either wing. He has nine goals and two assists in 33 appearances in all competitions this season. His goals include a brace away to Real Madrid in the Champions League, and one against Manchester United in the Europa League. Dennis’ current deal with Club Brugge does not expire for another two years, but the report claims that he is expected to leave the Belgian side in the summer. Borussia Dortmund have been linked with a number of attacking players in recent months, as they look to prepare for the potential summer exit of Jadon Sancho. The Black and Yellows are also said to be tracking the progress of Valencia’s Ferran Torres and Gremio’s Everton Soares.Tags: Borussia DortmundClub BruggeEmmanuel DennisEurosport FranceHet Laatse Nieuwa
Speaking to the club’s official website, www.arsenal.com, Wenger said: “It is bad news about Lukas Podolski as he will be out for eight to 10 weeks. “His hamstring is much more damaged than we thought at the start. “It is very disappointing and we have paid a very heavy price for that win [over Fenerbahce]. We have to be patient now.” Midfielder Aaron Ramsey scored twice against the Turks, but finished the match on the bench with a groin problem after Arsenal had used all three substitutes, while Jack Wilshere’s fragile ankle was a cause for concern after he was the victim of some meaty tackles. However, Wenger suggested both men should be fine for Sunday’s north London derby against Tottenham. He said: “The news is quite positive. They just had bumps and bruises. They will be involved.” Midfielder Mikel Arteta and captain Thomas Vermaelen continue their recovery. Wenger added: “Arteta is doing okay, but there are few weeks to go with him. Thomas Vermaelen could be back after the international break.” Arsenal are expected to move ahead of the September 2 transfer deadline, with Real Madrid winger Angel di Maria one of several targets. The Gunners are also said to be close to a deal to re-sign former midfielder Mathieu Flamini, 29, who has been training with them since his release by AC Milan. Arsenal forward Lukas Podolski could be out of action for up to 10 weeks with a hamstring injury, manager Arsene Wenger has confirmed. The Germany international, who scored twice in the 3-1 Barclays Premier League win at Fulham last weekend, hobbled off during a 2-0 defeat of Fenerbahce as the Gunners progressed to the Champions League group stage draw. Tests have revealed Podolski is now set for a prolonged spell of rehabilitation, which will further stretch Wenger’s already depleted squad. Press Association
AUCKLAND: Kiwi lightweight Dan Hooker lifted the roof off Spark Arena with a razor-close split decision win over American Paul Felder in the main event of UFC Auckland on Sunday.In a back and forth affair, ‘The Hangman’ did the lion’s share of the damage through five rounds against the notoriously aggressive Felder to see his hand raised and continue his charge up the lightweight rankings. The Aucklander was overcome with emotion when Bruce Buffer announced the decision, immediately dropping to his knees, as he soaked in a win that propels him into the title contention picture.”I’ll defend this land, no matter what the cost,” Hooker said post-fight.”It was an honour (to fight Paul Felder). He’s a tough son of a gun. I enjoyed myself.”It put the finishing touch on a momentous day for New Zealand MMA, after earlier wins to City Kickboxing teammates Brad Riddell and Kai Kara-France.An equally emotional Felder took to the microphone to confirm he’d be stepping away from the sport for good, laying his gloves in the center of the Octagon in MMA’s traditional retirement ritual.The bout was also awarded ‘Fight of the Night’, meaning both Hooker and Felder will take home an additional $US50,000. Both fighters were transported immediately to the hospital and weren’t available for any further post-fight comment. AgenciesAlso Read: No time to make an experiment: NEUFC interim coach Khalid JamilAlso Watch: Assam government to provide arsenic-free drinking water in river island Majuli