Donegal dumper Jim Ferry is jailed

first_imgDonegal waste collector Jim Ferry has been jailed for contempt of court.The businessman was sentenced to nine weeks’ imprisonment following an appearance in the High Court on Wednesday. The Irish Times reports that Mr Ferry was jailed for failing to comply with court orders granted to Donegal County Council in their case against him over illegal dumping.Mr Ferry, of Ferry’s Refuse Collection Limited and Ferry’s Refuse Recycling, has admitted to dumping tens of thousands of tons of waste at Rossbracken outside Letterkenny.  Donegal County Council is seeking to recover a multi-million euro figure from Mr Ferry to clear up the illegal waste from the site. Mr Ferry has previously told the High Court he is broke and unemployed.Donegal County Council has employed a forensic accountant to analyse where the money from Mr Ferry’s businesses has gone, but he has failed to comply with the investigation.Read more at: https://www.irishtimes.com/news/crime-and-law/courts/high-court/businessman-jailed-for-nine-weeks-for-illegal-dumping-in-donegal-1.3938502Donegal dumper Jim Ferry is jailed was last modified: June 28th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:jim ferrylast_img read more

Graduating is a family affair for mother and son!

first_imgThe Alcorn family from Dunfanaghy celebrated on the double at yesterday’s LYIT graduation ceremony – with both mother and son graduating together.Kathleen and Joshua Alcorn are both proud members of the Class of 2019 as they received their degrees on the same day.Kathleen received her Bachelor of Business (Honours) in Accounting, while Joshua was conferred with a Bachelor of Arts in Animation. What a studious family! Congratulations Kathleen and Joshua.See more photos from the LYIT Graduations 2019 here: https://www.donegaldaily.com/2019/10/26/graduation-celebrations-for-lyit-class-of-2019-picture-special/Mum Kathleen was conferred with a Bachelor of Business (Honours) in Accounting, whilst son Joshua was conferred with a BA in Animation. Photo Clive WassonGraduating is a family affair for mother and son! was last modified: October 26th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:lyit graduationslast_img read more

Young entrepreneurs need big business support

first_imgPolitical economist Siya Biniza emphasises the need for big business to act as mentors for young entrepreneurs.Political economist Siya Biniza believes South Africa’s youth possess great ideas that, with enough entrepreneurial verve, can be turned into thriving businesses. However, the only thing preventing them from chasing their dreams is the lack of support from big business.Speaking at a South African Competitiveness Forum research reference group held at Brand South Africa offices on Saturday, 18 August, Biniza said there is little support for young entrepreneurs in terms of finance and knowledge.Biniza, chief financial officer at Rethink Africa, a youth-led non-profit company that looks for alternative solutions to the continent’s economic challenges, said young entrepreneurs without prior business experience are not easily supported because funders are afraid of taking risks on them.Another factor impeding the growth of young businesspeople is intellectual property. Biniza said old entrants’ ideas are readily patented whereas new and young entrants are hardly considered because of the amount of money backers are risking. This occurs even though most business people know that one of the drivers of economic growth is innovation, he added. Fedusa secretary-general Dennis George says that if youth become active citizens, South Africa’s global competitiveness can be boosted. Despite Trevor Manuel’s efforts in getting youth involved with the National Development Plan (NDP), Biniza believes young men and women have not engaged with it as much as they could. “The youth need to take control of the NDP and make it ours by making leaders accountable.”Guest speaker Dennis George, secretary general of the neutral Federation of Unions of South Africa (Fedusa), said if youth become active citizens, South Africa’s global competiveness would be boosted.According to the 2014 World Competitiveness Yearbook published by Switzerland’s Institute of Management Development, South Africa’s competitiveness rose slightly in the last year, an indication that its productivity has increased. Its ranking improved from 53rd in 2013 to 52nd this year based on its economic growth.Despite increasing productivity, George said the number of jobs that have been lost in recent years has not been made up.Experience vs youthful enterpriseBiniza said successful entrepreneurs gain experience through making mistakes and learning from them. However, he said experience can hold young entrepreneurs back. “In as much as experience is important, it also inhibits creativity because the more you repeat a task, the more you get used to certain ways of doing things.”The advantage young people have, he added, is they are not “set in a way of conducting business” and have room to be creative; “We do whatever creative thing comes first.”But, he argued, entrepreneurs cannot be innovating all the time; there has to be a point where an idea becomes sustainable. This is when young entrepreneurs need experienced business people and even large corporations to be supportive.“If we are going to start talking about South Africa in 2030, it’s got to be about young people. It does not mean we are cutting big business out. Big business is very important in creating the development capacity of young entrepreneurs through their mentorship and making sure they procure from young businesses.”Biniza said big businesses may generate the most income, but they only employ 10% of the country’s population. Small- to medium-sized businesses, he said, are the backbone of the country’s economy, employing up to 90% of South Africans. In such a situation, small businesses need to access corporate funds for a cooperative form of monetary redistribution to occur.“We can measure the impact of the money you are sending off to smaller businesses,” said Biniza. “And this money can earn you returns if you create infrastructure such as social impact bonds, seed funding and venture capital frameworks. It’s about tapping into that money and having a collaborative approach to redistribution.”last_img read more

USDA launches $41 million initiative to improve water quality for Western Lake Erie Basin

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Agriculture Secretary Tom Vilsack announced that USDA’s Natural Resources Conservation Service (NRCS) will invest $41 million in a three-year initiative to support the work of farmers in Ohio, Michigan and Indiana to improve water quality in the Western Lake Erie Basin (WLEB). The initiative helps farmers and ranchers implement science-based conservation measures to reduce runoff from farms entering the region’s waterways.NRCS Chief Jason Weller unveiled the initiative at an event with partners and stakeholders from the region at Maumee Bay State Park in Toledo. This initiative will expand conservation and financial assistance opportunities available to WLEB farmers and ranchers who want to take additional steps to improve the quality of the water feeding the Lake. This funding is in addition to the $36 million the Agency has already planned to make available in the basin through the 2014 Farm Bill, for a combined three-year investment of $77 million to improve water quality and support sustainable production in the Basin.“The challenges that face Lake Erie require science-based solutions and a commitment from all partners to address the factors that impact water quality. The area’s farmers and ranchers have already made great strides in helping to reduce runoff, and with this new investment they will be able to do even more,” Vilsack said. “Farmers and landowners will be able to add conservation measures to about 870,000 acres in this critical watershed, effectively doubling the acres of conservation treatment that can be accomplished in the three years.”Since 2009, NRCS has invested about $73 million in technical and financial assistance to farmers in the Western Lake Erie Basin through Farm Bill Programs. The conservation improvements they have made through more than 2,000 conservation contracts now cover more than 580,000 acres. Farmers and landowners in the region have stepped up, and with their help the conservation practices these funds supported reduced annual nutrient and sediment losses by an estimated 7 million pounds of nitrogen, 1.2 million pounds of phosphorous, and 488,000 tons of sediment between 2009 and 2014. These savings have resulted in cleaner water leaving farmlands in the Basin.NRCS also today released a new report through its Conservation Effects Assessment Project (CEAP) that evaluates the impacts of voluntary conservation in the WLEB and conservation treatment needs. The report, based on farmer survey data in the WLEB, shows voluntary conservation is making significant headway in reducing nutrient and sediment loss from farms, but there is opportunity to improve conservation management across the basin and no single conservation solution will meet the needs of each field and farm.According to the report, this initiative will help landowners reduce phosphorus runoff from farms by more than 640,000 pounds each year and reduce sediment loss by over 260,000 tons over the course of the three-year investment.“Throughout the basin, comprehensive field-scale conservation planning and conservation systems are needed to accommodate different treatment needs while maintaining productivity,” said Chief Weller. “While voluntary conservation is making a difference in the basin, the CEAP evaluation tells us that there are still gains that can be made through an emphasis on practices like precision agriculture.”The WLEB Initiative is one of the key results of a series of partner workshops NRCS held in fall 2015 to develop recommendations for accelerating conservation in the Basin. The initiative further sharpens the focus of NRCS investments and helps increase the impact of ongoing work by conservation groups and state and local governments. This partnership will work with data from the CEAP Report and other sources along with the recommendations of farmers and other conservation partners to match the right conservation solution to the unique qualities of each field to maximize the impact of each dollar invested.Since 2009, USDA has invested more than $29 billion to help producers make conservation improvements, working with as many as 500,000 farmers, ranchers and landowners to protect over 400 million acres nationwide, boosting soil and air quality, cleaning and conserving water and enhancing wildlife habitat. For an interactive look at USDA’s work in conservation and forestry over the course of this Administration, visit https://medium.com/usda-resultslast_img read more

A Tale of Two Bubbles: Why Cryptocurrency Isn’t the Next Dot-Com

first_imgWhat Nobody Teaches You About Getting Your Star… Economic bubbles aren’t new. From the tulip bubble of the 1630s, to the dot-com boom of the late 1990s, to the big-tech mania we’re seeing today, overvaluations happen — but not all bubbles pose the same risks or offer the same rewards. Every few years, it seems we’re warned of another looming “bubble” about to burst. Most recently, pundits like Warren Buffett and George Soros have compared the rise of cryptocurrency to the dot-com bubble, wondering aloud if we’re on the precipice of a big bust.The similarities are fairly obvious. Cryptocurrency startups, much like the dot-coms, are experiencing an influx of capital that’s boosting the valuations of solid, innovative companies along with their relatively worthless counterparts — Dogecoin comes to mind as a cautionary tale. But while the dot-com boom produced plenty of duds, let’s not forget that it also gave birth to Amazon, Google, and eBay. Similarly, there are resilient, well-managed cryptocurrency companies that will be able to withstand drastic market fluctuations.Sure, the current state of cryptocurrency bears some resemblance to the ’90s tech boom, but there are important differences to consider. Understanding the following factors can help you to mitigate long-term damage as the market naturally begins to self-correct.1. Say hello to regulation: Cryptocurrencies, unlike the early dot-coms, are shaking up the U.S. monetary system and offering an alternative to worldwide fiat currency. Early internet technology was groundbreaking, but decentralized currency is truly revolutionary. Most governments don’t quite understand what’s going on, much less how to deal with it.Recent fluctuations in the price of bitcoin and other cryptocurrencies were the direct result of new regulations announced by the South Korean government, and other regulatory agencies across the world are guaranteed to make similar moves. They will eventually make examples of nefarious players, helping to weed out more “shadowy” companies from the industry.Be ready to work with government agencies and adapt to new regulations when they inevitably arrive. Private companies that behave like public companies are more likely to come out on top. In that same vein, be sure you’re not taking a ton of money from unaccredited investors — or investing it in secretive ways. The industry may not yet be fully regulated, but you need to start running your company as if it were.2. Just say no…to casual investing: Yes, some venture capitalists in the dot-com era would throw money at any startup that showed signs of life, but the risks seem greater for those entering the crypto space with insufficient knowledge. More than 1,000 cryptocurrencies are active right now, and quite a few are hoping to ride the wave without doing their homework first.Perceived bubbles are funny: They can propel even the worst companies to the top of the stock charts. You need to understand how to capitalize on the bubble — raising as much capital as you can (without destroying the structure of your company) and then managing that cash (knowing it won’t always be there).Be able to effectively communicate your long-term value to shareholders. The blockchain is a brilliant invention, with applications we’re just beginning to discover, ranging from the financial space to healthcare, cybersecurity, retail, and beyond. It will transform the world as we know it, making a handful of companies and their investors extremely wealthy in the process. To find investors who will stay with you for the long haul, showcase realistic, revenue-generating applications of this technology and prove it can outlive the hype.3. Abandon geographical boundaries: While the dot-com bust had some ripple effects on the world economy, the rise and fall of Silicon Valley was far more localized. Cryptocurrency is traded across the world, and countries are taking vastly different approaches in their adoption and regulation of it. South Korea only recently started exploring regulation, for instance, while Sweden has been offering derivatives in Bitcoin since 2015.The international scope of this marketplace presents both unique challenges and an array of opportunities. Vitalik Buterin, founder of Ethereum, argues that blockchain offers particular value in parts of the world where people can’t yet trust their institutions — places such as Africa, India, and Eastern Europe. Blockchain, he argues, resolves the issue of market manipulation from the top-down.All that’s to say: You must invest in a capable management team that can see the big picture. Nobody will predict every little twist and turn in the market, but the better your understanding of how your company could succeed on an international scale, the higher your chances of success.When looking for dynamic and adaptable management teams, focus on candidates with a track record of success — those who can navigate an ever-changing technology landscape while incorporating traditional financial market tactics. At Neptune Dash we did just that, incorporating a well-versed technology team with adept financial leaders with proven success on public markets.Finding footing on shaky groundThe ’90s tech boom was followed by a solid bust. In November 2000, an index of 280 internet stocks was down by $1.7 trillion from its 52-week high. Contrast that with recent fluctuations in digital coins, and the difference is obvious. Its value may rise and fall, but anyone who bought Bitcoin a year ago has earned more than a sixfold return on investment, for example.The highs may be higher and the lows may be lower than in other industries, but the underlying technology is here to stay. Despite the common misconception, not all bubbles are created equal. An overvalued startup that does nothing for the world is destined to crash, but just as the Googles of past eras have survived, so will the very best cryptocurrency companies. How OKR’s Completely Transformed Our Culture Cale Moodie is CEO and director of Neptune Dash, a cryptocurrency company that constructs and operates masternodes of Dash, a digital currency built on the blockchain. China and America want the AI Prize Title: Who … Blockchain – Impending Revolution in Glob… Cale Moodie Tags:#Blockchain#Cryptocurrency#startups Related Posts last_img read more

PBA: San Miguel dumps Meralco for back to back wins

first_imgSports Related Videospowered by AdSparcRead Next MOST READ Grace Poe files bill to protect govt teachers from malicious accusations PBA IMAGESANTIPOLO, Philippines – Displaying razor-sharp form for the second straight game, four-time defending champion San Miguel Beer scored a thorough 105-93 thumping of Meralco Friday night in the PBA Philippine Cup eliminations at Ynares Center here.The Beermen peeled away from a tight first quarter with timely outside hits and the inside dominance of June Mar Fajardo and Christian Standhardinger as San Miguel climbed up in the standings at 2-1 while dealing the Bolts the second loss in three games.ADVERTISEMENT PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Don’t miss out on the latest news and information. US judge bars Trump’s health insurance rule for immigrants ONE: Elias Mahmoudi, Hiroaki Suzuki pull off wins in Muay Thai Super Series Oil plant explodes in Pampanga town View comments Marcio Lassiter hit five triples on the way to 25 points, with Fajardo and Arwind Santos completing double-doubles with a combined 32 points and 21 rebounds.There were only three players in twin digits for the Bolts, who were led by the 13 points of John Pinto.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool stars SEA Games hosting troubles anger Duterte Private companies step in to help SEA Games hosting Lacson backs proposal to elect president and vice president in tandem LATEST STORIES ‘We are too hospitable,’ says Sotto amid SEA Games woes Oil plant explodes in Pampanga townlast_img read more