Cyprus, Latvia and Malta are a step closer to adopting euro

Posted by: Adminin Uncategorized
15
Sep

Sunday, May 1, 2005

Cyprus, Latvia and Malta, three states which joined the European Union in May 2004, exactly one year ago, today became members of the Exchange Rate Mechanism II (ERM II), which pegs their currencies to the euro within a 15% margin above or below a central rate. While they are in ERM II, their currencies must not fluctuate to an extent that exceeds this 15% margin, and they must also keep inflation and budget deficits in check. For countries to adopt the euro, they must stay in the ERM II for at least two years. Therefore, the earliest date that Cyprus, Latvia and Malta can adopt the common currency is in May 2007.

Cyprus, Latvia and Malta have joined four other countries already in ERM II: Denmark, Estonia, Lithuania and Slovenia. Denmark joined ERM II in 1999 but has since not wished to adopt the euro, while Estonia, Lithuania and Slovenia joined the Exchange Rate Mechanism in June 2004, and are expected to adopt the euro by late 2006 or early 2007. Other new European Union member states are also expected to join ERM II soon.

Out of the European Union of 25 member states, 12 countries currently use the euro, which they adopted in January 1, 2002. The only EU members that remain either outside the Eurozone or ERM II are the Czech Republic, Hungary, Slovakia, Sweden, Poland and the United Kingdom.

Retrieved from “https://en.wikinews.org/w/index.php?title=Cyprus,_Latvia_and_Malta_are_a_step_closer_to_adopting_euro&oldid=4456537”

By Dennis Jarvis

“Group coverage” is used loosely to describe health insurance plans that are employer sponsored but there is a distinction between “Small Group” and “Large Group” health benefits which is important. Your company’s options can be quite different under these two umbrellas so let’s take a look at the how they differ both in terms of qualification and treatment under the law.

What is “Small Group” in terms of employer-sponsored health insurance In the State of California, Small Group health insurance is essentially employer-sponsored health insurance for companies with 2-50 employees. Eligibility requirements and protection is handled under AB1672.

First, “Guaranteed issue” is a very big advantage to establishing a Group health insurance plan in California versus other States. Regardless of the health of employees enrolling, the carrier must offer coverage to an eligible company. There are requirements that must be met by the company but the big three are 1) 2-50 employees/owners; 2) 75% of the eligible employees must go with the plan; and 3) the employer must pay at least 50% of the employee’s premium (does not mandate dependents). For more information on qualifying for Small Group coverage, please check our page of Small Group enrollment.

[youtube]http://www.youtube.com/watch?v=nSA0fI3sXy8[/youtube]

The ability of the company to change rates is also very important, especially for companies that have employees with health issues. In California, the carriers can up or down from the standard rate by 10%. This is called the RAF (Risk Adjustment Factor). The size of the group can affect this rate factor since the larger the group are more likely to get a lower RAF. The theory is that health issues are spread among a larger pool of people. It’s not atypical for carriers to offer RAF guarantees based on the size of the enrolling group.

Finally, the health carriers in California designate and file their Small Group plans with State agency responsible. Any eligible group can then apply for the same plan regardless of health. This is important to keep carriers from “cherry picking” healthy groups on to certain plan types and excluding less healthy groups.

How does Large Group health insurance differ?

Officially, large group health insurance is for groups with more than 50 employees/owners. Some carriers may allow groups that were originally designated as Small Group to remain on the Small Group suite of plans if they grow beyond 50 employees but they are not required to. There are some very big differences when comparing Large Group with Small Group described above.

Large group plans are not protected by AB 1672 and are not “guaranteed issue”. The carrier can decline coverage to groups based on claims experience and/or health history. Rates are built for that specific group’s claims experience and risk so total amounts can vary significantly from group to group. The plan options are different from those offered to Small Group and then to offer many more options. Some carriers even offer more of a cafeteria option where employer’s pick specific benefits to offer (i.e. choice of office copay, etc). Some Large group have tailor-made benefits to meet their needs and budget. Large group is quite different from Small Group and contacting an experienced agent is more important than ever when navigating this side of the business.

About the Author: Dennis Jarvis is a licensed

California group health insurance

broker with extensive knowledge of the Small Group health market in California.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=262995&ca=Finances

Monday, November 5, 2007

In the 1980’s and the 1990’s there were multiple allegations of sexual abuse of children or non-consenting adults in the context of Satanic rituals that has come to be known as The Satanic Panic. In the United States, the Kern County child abuse cases, McMartin preschool trial and the West Memphis 3 cases garnered worldwide media coverage. One case took place in Jordan, Minnesota, when children made allegations of manufacturing child pornography, ritualistic animal sacrifice, coprophagia, urophagia and infanticide, at which point the Federal Bureau of Investigation was alerted. Twenty-four adults were arrested and charged with acts of sexual abuse, child pornography and other crimes related to satanic ritual abuse; only three went to trial with two acquittals and one conviction. Supreme Court Justice Scalia noted in a discussion of the case, “[t]here is no doubt that some sexual abuse took place in Jordan; but there is no reason to believe it was as widespread as charged,” and cited the repeated, coercive techniques used by the investigators as damaging to the investigation.

One of the most visible Satanic organizations—though one that was never a suspect or charged in any of the Satanic Panic cases—is the Church of Satan, founded by Anton LaVey. Members of the Church, such as Peter H. Gilmore, Peggy Nadramia, Boyd Rice, Adam Parfrey, Diabolos Rex, and musician King Diamond, were active in media appearances to refute allegations of criminal activity and the FBI would later issue an official report debunking the criminal conspiracy theories of this time.

Gilmore feels Satanists are often misunderstood or misrepresented. LaVey’s teachings are based on individualism, self-indulgence, and “eye for an eye” morality, with influence from Friedrich Nietzsche and Ayn Rand; while its rituals and magic draw heavily from occultists such as Aleister Crowley. They do not worship—nor believe in—the Devil or a Christian notion of Satan. The word “Satan” comes from the Hebrew word for “adversary” and originated from the Abrahamic faiths, being traditionally applied to an angel. Church of Satan adherents see themselves as truth-seekers, adversaries and skeptics of the religious world around them.

On a windy October day in Central Park, Wikinews reporter David Shankbone sat down with the High Priest of the Church, Peter H. Gilmore, who has led LaVey’s congregation of Satanists since his passing in 1997 (he became the High Priest in 2001). They discussed the beliefs of the Church, current events, LaVey’s children and how Satanism applies to life and the world.

Retrieved from “https://en.wikinews.org/w/index.php?title=Satanism:_An_interview_with_Church_of_Satan_High_Priest_Peter_Gilmore&oldid=4579245”

Tuesday, January 24, 2006

January’s second Interview of the Month was with Danny O’Brien of the Electronic Frontier Foundation (EFF) on 23 January in IRC.

The EFF is coming off a series of high-profile successes in their campaigns to educate the public, press, and policy makers regarding online rights in a digital world, and defending those rights in the legislature and the courtroom. Their settlement with Sony/BMG, the amazingly confused MGM v Grokster decision by the Supreme Court of the United States, and the disturbing cases surrounding Diebold have earned the advocacy organization considerable attention.

When asked if the EFF would be interested in a live interview in IRC by Wikinews, the answer was a nearly immediate yes, but just a little after Ricardo Lobo. With two such interesting interview candidates agreeing so quickly, it was hard to say no to either so schedules were juggled to have both. By chance, the timing worked out to have the EFF interview the day before the U.S. Senate schedule hearings concerning the Broadcast flag rule of the FCC, a form of digital rights management which the recording and movie industries have been lobbying hard for – and the EFF has been lobbying hard to prevent.

Retrieved from “https://en.wikinews.org/w/index.php?title=Interview:_Danny_O%27Brien_of_the_Electronic_Frontier_Foundation&oldid=4635193”

Ricky Hatton regains IBF light welterweight title

Posted by: Adminin Uncategorized
12
Sep

Sunday, January 21, 2007

Ricky “The Hitman” Hatton regained the IBF light welterweight title belt he relinquished less than 12 months ago when he defeated Juan Urango in Las Vegas, Nevada tonight.

“The Hitman” won by unanimous decision, as the fight went to 12 rounds. Despite early match odds suggesting Hatton would dominate the fight, this was not the case. Each round was close, but most pundits and judges alike agreed that Urango only won 1 of the 12 rounds, with Hatton taking the other 11.

Despite the unfamiliar confines of Las Vegas, Hatton looked touched by the ringing of football fan-like chants, familiar in British boxing, that rang around the arena, as more than half of it was filled by traveling support from across the atlantic.

Many in the UK will hope Hatton has ended the “curse” that has seen names such as Frank Bruno, Naseem Hamed, Barry McGuigan and others fall short while headlining fights on “The Strip”.

From here, it is widely believed “The Hitman” will move on to fight Jose Luis Castillo in June, again likely in Vegas.

Retrieved from “https://en.wikinews.org/w/index.php?title=Ricky_Hatton_regains_IBF_light_welterweight_title&oldid=440002”

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Fifteen people killed in attack on Nigerian college

Posted by: Adminin Uncategorized
12
Sep

Friday, September 19, 2014

Officials said at least fifteen people were killed in an attack on a teachers training college in the Northern Nigerian city of Kano by a group of armed gunmen on Wednesday. Over 30 others were wounded.

News agencies have reported while there has been no claim of responsibility, suspicion will likely fall on the Islamist extremist group Boko Haram. The group has previously targeted Western-style schools within the country, including past attacks on secondary schools.

According to official reports, police first approached the group in the area of the school, concerned about their unusual activity, and the attackers engaged police in a firefight. The attackers gained entry to the school and started throwing bombs.

Nigerian President Goodluck Jonathan described the incident as a “dastardly attack”. He has already declared a state of emergency in three northern states, and is being criticized along with the country’s armed forces for failure to prevent extremist attacks.

A police spokesman said police killed two attackers at the scene.

Retrieved from “https://en.wikinews.org/w/index.php?title=Fifteen_people_killed_in_attack_on_Nigerian_college&oldid=2962487”

KKE: Interview with the Greek Communist Party

Posted by: Adminin Uncategorized
12
Sep

Thursday, May 13, 2010

Wikinews reporter Iain Macdonald has performed an interview with Dr Isabella Margara, a London-based member of the Communist Party of Greece (KKE). In the interview Margara sets out the communist response to current events in Greece as well as discussing the viability of a communist economy for the nation. She also hit back at Petros Tzomakas, a member of another Greek far-left party which criticised KKE in a previous interview.

The interview comes amid tensions in cash-strapped Greece, where the government is introducing controversial austerity measures to try to ease the nation’s debt-problem. An international rescue package has been prepared by European Union member states and the International Monetary Fund – should Greece require a bailout; protests have been held against government attempts to manage the economic situation.

Retrieved from “https://en.wikinews.org/w/index.php?title=KKE:_Interview_with_the_Greek_Communist_Party&oldid=4568134”

Monday, October 30, 2006

The BSE Sensex touched another milestone by crossing the historic 13,000 mark. The BSE’s main index reached to 13,039.30 in morning trade, surpassing the previous peak of 12,994.45 set earlier this month on October 17. After 135 trading sessions the new milestone of 13,000 has been achieved. Sensex also gained today all-time closing high of 13,024.26 points.

Reliance Communications Ltd. gained almost 3 percent when it announced it’s better than expected results in the morning. Dr. Reddy’s Laboratories Ltd. gained 4.09 percent at 760 while Bhari Airtel group gained 2.65 percent at 541.25. Infosys gained Rs. 6.55 at Rs. 2,104 per equity share.

People are expecting bullish market and looking for higher benchmarks. Nimesh Kampani, Chairman, JM Morgan Stanley expected the new milestone of 14,000 mark by March, next year.

Retrieved from “https://en.wikinews.org/w/index.php?title=Bombay_Stock_Exchange_Sensex_crosses_13,000_mark_in_morning_trade&oldid=744714”

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by

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Article Source:

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