CO-OP accepts membership invitation to Clinton Global Initiative

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr CO-OP Financial Services has accepted an invitation to become a member of the Clinton Global Initiative, founded by President Bill Clinton to gather international leaders to create and implement innovative solutions to the world’s most pressing challenges.“CO-OP came to the attention of CGI earlier this year when the organization served as an advisor to the CO-OP THINK Prize 15,” said Samantha Paxson, Chief Marketing Officer for CO-OP. “Our ‘challenge’ encouraged people from all walks of life to develop ideas that called on the power of community to financially empower those who need it most.“It was clear that the goals of CGI align well with the core credit union value of people helping people,” said Paxson. “We are delighted to bring a credit union voice to the spirit of collaboration that is at the heart of CGI, as well as demonstrate to global leaders in the fields of business, philanthropy and government what credit unions can do to effect change for the better.”CO-OP’s inaugural contribution to the organization took place in June by joining more than 1,000 leaders in Denver, Colorado, for the 2015 CGI America conference. The gathering focused on developing solutions for economic growth, long-term competitiveness and social mobility in the United States. CO-OP participated in the Financial Opportunity working group, which was one of 10 topic-specific working groups that met multiple times throughout the meeting. continue reading »last_img read more

North Sumatra may see spike in poverty, unemployment as pandemic damages economy: BI

first_imgNorth Sumatra is projected to see a rise in poor and unemployed residents as the novel coronavirus pandemic hits the earnings of millions of workers and damages the country’s economy, according to Bank Indonesia (BI).Wiwiek Sisto Widayat, the chief representative of the central bank’s North Sumatra branch, said that under the moderate scenario, about 125,000 people would fall into poverty, bringing the province’s total poor population to 1.38 million after the COVID-19 crisis had passed.Under the extreme scenario, an additional 589,521 residents of North Sumatra could fall into poverty, bringing the province’s total poor population to 1.85 million. Wiwiek said that North Sumatra might see 4.3 to 4.7 percent growth after the outbreak in a mild scenario, but an extreme scenario might leave the province with only 1.2 to 1.6 percent growth.The central bank has implemented monetary policies to anticipate the turbulence, including those seeking to reduce interest rates, stabilize the exchange rate, digitize small and medium enterprises and relax statutory reserve and liquidity requirements.Wiwiek said BI was also focusing on macroprudential regulations and payment system policies as well as deepening financial markets and encouraging sharia economic activities.“We are doing this because Bank Indonesia doesn’t want the extreme scenario to happen. We must anticipate it as much as possible with the cooperation of all stakeholders,” he said.Read also: COVID-19: Swift, accurate government aid disbursement critical in avoiding spike in povertyThe central government previously estimated that 1.1 million to 3.78 million Indonesians would fall into poverty and 2.9 million to 5.2 million could lose their jobs as a result of the COVID-19 crisis, as the pandemic had upended supply chains and forced companies to lay off employees.As many as 2.8 million people have lost their jobs as of Monday, according to data from the Manpower Ministry and the Workers Social Security Agency (BPJS Ketenagakerjaan). More than half were furloughed and placed on paid or unpaid leave.The International Monetary Fund (IMF) projects the worst global recession since the Great Depression, potentially dragging Indonesia’s economic growth to 0.5 percent this year from 5.02 percent in 2019. (mfp)Topics : He also estimated that the number of unemployed workers in the province would almost double, increasing from 383,000 to 737,000.“This is all due to COVID-19, which has affected all the business sectors that are the sources of North Sumatra’s regional gross domestic product,” Wiwiek said in a virtual seminar hosted by the Medan State University School of Economics on Tuesday.Read also: Up to 9 million people to fall into poverty, unemployment as COVID-19 hits: Sri Mulyani“It has also impacted other economic growth variables such as consumption, investment, government spending, imports and exports. All will be affected, including the poor population and unemployed people living in North Sumatra.”last_img read more

Men’s water polo gears up for Inland Empire Invitational

first_imgMarko Vavic, the son of head coach Jovan Vavic, was the team’s top scorer last season. (Tucker Judkins | Daily Trojan)After starting the season with two wins last weekend at the UCLA Mini Invitational, the Men of Troy will be in the pool once again this weekend as they partake in the Inland Empire Invitational at the University of Redlands.This past weekend, the Trojans showed once again why they were one win away from a national championship in 2017. Facing off against No. 18 Pomona-Pitzer and Whittier, the Men of Troy dominated with scores of 16-1 and 25-4, respectively. While all wins feel good, a strong season opening victory such as that over a ranked team in Pomona-Pitzer will give the Trojans plenty of positive momentum heading into the rest of their schedule.Leading the way for USC, junior driver Marin Dasic and sophomore driver Marko Vavic put up 6 and 4 scores respectively over a successful weekend in Westwood. Anticipated to be the squad’s leading scorers in 2018, it was an impressive showing for the pair.Aside from the well-known stars, a fair number of newcomers made their impact felt on Saturday. Freshman two-meter specialists Jake Ehrhardt and James Kolenda, and freshman utility Alexander Lansill were just three of the six new Trojans who scored to help seal victory in Saturday’s contests. In net, four different Trojans saw time in goal through the two contests. To the surprise of few, however, highly touted freshman goalie Sam Krutonog got the first crack at being USC’s goaltender when he started against Pomona-Pitzer and made eight saves in the winning effort.Prior to the Invitational, USC will host Concordia in its home opener Thursday night, also one of the squads that USC will end up facing at this weekend’s invitational. The Trojans dismantled the Irvine-based team to the tune of a 25-3 win last season. Play begins at 5 p.m. at the Uytengsu Aquatics Center.Looking ahead at this weekend’s slate of games, there is all the reason in the world for the Trojans to be confident that they will dominate as they did a year ago. In 2017, USC swept the competition with comfortable wins over Claremont-Mudd-Scripps and Redlands. Scoring 10 goals over the weekend, Dasic and Vavic scored prolifically and at will in last season’s competition.This year, the story is expected to be largely similar. The one wrinkle is the addition of the La Verne Leopards to the weekend schedule. Coming off an 0-4 start to the 2018 season, the team will take on Riverside Community College, No. 7  Long Beach State and No. 10 UC Santa Barbara before facing off against the Men of Troy.Overall, the competition USC will face at this weekend’s tournament has found tough sledding so far in 2018. Carrying a 3-9 total record (Claremont-Mudd-Scripps will debut at the invitational), the Trojans are expected to take care of business in Redlands, Calif. over the weekend.The competition kicks off Saturday at 10:20 a.m. when the Trojans face off against the host team Redlands, and will continue through their last game at noon on Sunday against La Verne.last_img read more

Osimhen Says He’s in Wolfsburg to Learn

first_imgWolfsburg will be home to Ausburg on January 28.The Wolves are 13th on the table with 16 points from as many matches.Elsewhere, another Nigerian international, Wilfred Ndidi, who moved to Leicester City from Genk in Belgium trained with his teammates at English Premier League champions Leicester City for the first time.After completing the session, Ndidi voiced his sentiments about his new surroundings and objectives he wishes to achieve.The former KRC Genk man says he will gain plenty of experience at Leicester City after training with his team-mates for the first time on Thursday.“I feel good. My team-mates are nice people and they have welcomed me, so I’m happy.“My first impression was ‘wow.’ I trained and it was really good because it was really high intensity. I feel I can learn a lot here.“Claudio (Ranieri) welcomed me and then he explained to me how the team and everything worked, which I’ve sometimes seen on TV,” he told LCFC TV.The pace of the Premier League is notoriously difficult for new entrants to adapt to and the Nigerian star knows he must hit the ground running if he is to hit the heights at the King Power Stadium.He is now aiming to get a good understanding of how games in the Premier League unfold, as he prepares to ply his trade in one of the most highly-regarded leagues in the world.“I want to just try and understand how the game flows in the Premier League and then work towards that.“For now, I am the kind of player that plays for the team. I try to win the ball for the team – that is one of my main attributes.“I have to achieve a lot here,” he said.Ndidi, 20, will be in the travelling party that heads to Merseyside on Friday ahead of the weekend’s FA Cup game against Everton.Subject to his registration being cleared by the Premier League and the Football Association, he could feature in the third round tie at Goodison Park.City manager Ranieri expressed happiness at the arrival of the Nigerian who will now add to his options in midfield.“We’re very happy to have Ndidi here – he’s an impressive player with a big future.“We’ve followed him a lot and we hope he can impress our fans quickly.“He trained well with the squad today (Thursday). It was his first training session so we need to see him tomorrow before we decide whether he will play at Everton on Saturday,” he said.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Nigeria youngster Victor Osimhen has said he is at German Bundesliga Wolfsburg to learn after he signed a three and a half year contract today.“I am here to learn and wait for my time,” said an elated Wolfsburg.He first signed a pre-contract to join the top German club last year.He has been handed jersey No 18.He was presented to the media at the Wolfsburg training base in Spain, where they are preparing for the resumption of the Bundesliga season.last_img read more

Evergreen Named “Best Buy” College by Fiske Guide

first_imgSubmitted by The Evergreen State CollegeThe Evergreen State College was named a “Best Buy” college by Fistke Guide, the only college in Washington; one of three on the west coast.The Evergreen State College has been named a 2016 Best Buy School by the prestigious “Fiske Guide to Colleges.”For the past 30 years Fiske has compiled an annual list of select educational institutions noted for quality academic offerings and affordable cost. The guide includes more than 300 of the nation’s best colleges and universities. The 2016 Fiske Guide Best Buy list is comprised of 20 public and 24 private colleges and universities in the U.S., Canada, and Great Britain.Evergreen is the only college in Washington state to be listed as a Best Buy institution and one of three on the West Coast, along with the University of Oregon and Oregon State University.All Best Buy schools fall into the inexpensive or moderate price category and most picks have four or five-star academics ratings. “Fiske Guide to Colleges” was created by former “New York Times” education editor, Edward B. Fiske, once the top independent voice in college admissions.The Evergreen State College serves more than 4000 students and is nationally recognized for its distinctive interdisciplinary approach, narrative evaluations and emphasis on learning by doing. The college also offers an upper division program in Tacoma and three graduate programs: Master in Teaching, Master of Public Administration (including a tribal governance concentration) and Master of Environmental Studies. Thanks to recent legislative action, Evergreen’s resident undergraduate tuition is expected to be reduced by five percent for the 2015-16 academic year and another 15 percent for the 2016-17 academic year. Evergreen also offers more than 100 scholarship opportunities based on merit, need or course of study. Facebook867Tweet0Pin99last_img read more