US Hands Over Donation to Guatemala to Fight COVID-19

first_imgBy Guatemalan Ministry of Public Health and Social Assistance/Edited by Diálogo Staff October 30, 2020 Guatemala’s Ministry of Public Health and Social Assistance and the Migration Institute received a donation from the U.S. government of 12 military field medical tents with a 16-people capacity, 142 folding cots, and two 30-kilowatt diesel generators.The donation totals $243,402.48, and was carried out by the United States Agency for International Development (USAID) and the U.S. Department of Defense through U.S. Southern Command. These tents will help national hospitals and centers for returnees to create safe areas for COVID-19 testing, detection, treatment, and quarantine.The handover took place at the National Coordinator for Disaster Reduction (CONRED, in Spanish) facilities, with the participation of U.S. Ambassador to Guatemala Luis Arreaga, who stressed that “during a global health crisis, the United States collaborates with its friends, as we have done with Guatemala from the beginning of this worlwide crisis.” He added that the government he represents is working on delivering additional assistance in the coming weeks.Guatemalan Health Minister Amelia Flores, Foreign Minister Pedro Brolo, and CONRED Executive Secretary Oscar Cossío took part in the handover ceremony.The Guatemalan government thanks the United States for this donation.last_img read more

See More

Path to a perfect policy

first_imgby: Suzie HigbeeOne of the first places a regulator will start during any given examination is by looking at a financial institution’s policies, which is one good reason you should keep yours in tip-top shape. How exactly do you build that perfect policy? Sometimes the best way to figure out how to make the perfect policy is by hearing what elements contribute to a bad one. The following four mistakes are the most commonly made, yet the most important to avoid:No policy at allWhile rare, we do occasionally see institutions that are missing one or more key policies. Not only does this burden the auditor or examiner—who must now interview personnel to obtain information about processes and procedures—but it creates operational risks for the institution as well. In the absence of written guidance, personnel are far more likely to make mistakes (and possibly costly ones at that). How will your staff know how to handle uncommon or unusual situations without guidance from a policy?An overly generic policySometimes institutions borrow their policies from the Internet or from another financial institution, or use a generic policy provided by a vendor. While this may not be a bad place to start, a truly effective policy needs to be customized. For example, a BSA policy should contain member identification policies specific to the institution. This leads to the third issue, which is…. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

See More

Here are Wall Street’s favorite stock plays for an effective vaccine

first_img– Advertisement – – Advertisement – Traders work on the floor of the New York Stock Exchange on Nov. 4th. 2020.NYSE (This story is for CNBC Pro subscribers only).The stock market was roaring on Monday after Pfizer announced that its Covid-19 vaccine candidate appeared to be more than 90% effective in its phase-three trial, creating a rush of money into Wall Street’s favorite plays that stand to benefit from a vaccine that works.As several vaccine candidates worked their way through the regulatory process in recent months, Wall Street strategists and analysts put together lists and recommendations of the stocks most likely to bounce on positive vaccine news. Pfizer said Monday that it plans to apply for emergency use authorization for its vaccine by the end of the month. – Advertisement –last_img read more

See More

Hotel Marjan is finally ready for sale or official takeover of Adris

first_imgAfter 11 long years, the light is finally visible at the end of the tunnel around the future of the Marjan Hotel in Split. Namely, the bankruptcy proceedings at the Commercial Court in Split against the bankruptcy debtor “Adriatic” dd in bankruptcy were completed by issuing a conclusion on the sale, reports Free Dalmatia. By 2021, an additional two billion kuna will be invested in the tourist part of the Group, which will bring 95 percent of hotel capacities to the highest level of supply, announced Adris at the end of last year. After the opening of the luxury hotel Park in Rovinj, investments will follow in Split, of course if everything goes according to plan around the hotel Marjan, and in Zagreb and Dubrovnik in hotels HUP Zagreb, which Adris bought from Andjelko Leka last year. Thus, Fina will sell an electronic public auction of a hotel of 5679 square meters, a substation, a parking lot, three yards and stairs, all together almost 12 square meters. According to the accepted estimate, the price was set at HRK 432 million including VAT. ADRIS WILL INVEST TWO BILLION HRK IN THE TOURIST PART OF THE GROUP BY 2021 Željko Kerum bought the Marjan Hotel in 2005 through a tender. He paid 170 million kuna, three times more than the requested 57 million kuna. Less than four years later, a contract was signed with the Hilton, and Kerum became mayor a few months later. The works on “Marjan” were soon interrupted, and in 2015 everything ended with the bankruptcy of the company “Adriatic.center_img RELATED NEWS: It would be a real “miracle” if Adris did not buy Hotel Marjan and thus not become a 100% owner of this extremely valuable property. Namely, in December 2017, Adria resort, a company within the Adris group, concluded an Agreement on the purchase and sale of all receivables with associated mortgages on real estate owned by the bankrupt company Adriatic dd from Split. If another investor interested in the Marjan hotel appears, then he should additionally buy receivables from Adris, which is very unlikely. THE MOST LUXURIOUS HOTEL ON THE ADRIATIC OPENED, GRAND PARK HOTEL last_img read more

See More