University of the Bahamas Gala Beats Half Million Target for Student Scholarships

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, November 21, 2017 – Nassau – In a powerful statement about the community’s belief in the transformational impact of higher education, the University of The Bahamas President’s Gala Soirée has exceeded the anticipated fundraising target.The inaugural event was the institution’s first major fundraiser since transitioning to University.   The Soirée paired excellence with elegance as sponsors and donors joined the UB community at the Harry C. Moore Library and Information Centre.   It was a celebration of student talent and potential.  The occasion also commemorated the first anniversary of UB, chartered on 10thNovember 2016.UB President Dr. Rodney D. Smith, who also observed the first anniversary of his inauguration as UB President, thanked the many corporate sponsors, donors, friends, alumni and UB constituents who helped to make the fundraiser overwhelmingly successful. “We have exceeded the goal of $500,000 in cash and pledges for the endowed scholarship fund to support first-generation University students.  These funds will benefit and change the lives of thousands of students, and by extension, families and entire communities.   This is the beginning of the next phase in the growth and development of the Bahamian people, through access to education,” noted Dr. Smith.Major sponsors for the Gala included Aliv, Sharon Wilson & Co., IL Cares, Doctors Hospital, Ernst & Young, Credit Suisse and New Providence Development Company Ltd.While celebrating the success of the Soirée, President Smith nonetheless invited private and corporate donors to continue supporting UB.“The University still needs the generous support of all corporate donors.  Our goal is to raise this endowed fund to well over $5M.   We cannot do this without the annual contributions of alumni, sponsors, donors and the many friends of the University.   Please continue to give to the University and give as generously as you can.  One donation will change a life and a community,” Dr. Smith pointed out.Student Government Association (SGA) President Stuart Hanna was also pleased that corporate and private donors are supporting student scholarships.“As a result of a successful Soirée, capable young Bahamians will be given an opportunity to obtain tertiary education at University of The Bahamas. These kinds of fundraising events bring immeasurable value to the advancement of the University, its students and the Bahamian society at large and show that the University is moving in the right direction,” said Mr. Hanna.Vice President of Institutional Advancement and Alumni Affairs Ms. Davinia Blair said that the level of partnership and support from corporate Bahamas for the Soirée was encouraging as the institution becomes a stronger University.PGS-Damian Blackburn Toast“The overwhelming demonstration of support by faculty, staff, alumni, corporate partners and friends at the Gala truly touched the hearts of many, in particular our students, who will benefit from the endowment.   I am grateful for the stellar partnership with Fusion IMC and Events by Alexandra to accomplish this feat.   Also, I am thankful to all of our donors and am confident of a promising path ahead for our nation,” Ms. Blair asserted.Release: BISPhoto captionsHeader & 3rd insert: PGS-Harry C. Moore Library – The Harry C. Moore Library & Information Centre at UB’s Oakes Field Campus was transformed into an elegant enclave.  1st insert: PGS-President’s comments – UB President Dr. Rodney D. Smith addresses the guests.PGS-Cake Cutting – Sir Franklyn Wilson and Sharon Lady Wilson joined Dr. Christina Ramirez Smith and Dr. Rodney D. Smith to commemorate the first anniversary of the charter of UB at the President’s Gala Soiree held on 11th November 2017.3rd insert: PGS-Damian Blackburn Toast – Mr. Damian BlackBurn of Aliv, one of the main sponsors of the soirée, offered a toast at the event.last_img read more

Steven Naismith confident Hearts can rediscover winning touch

first_imgHearts forward Steven Naismith believes the team can rediscover their early-season winning run.The Scottish Premiership club got their first win since Naismith went down with a knee injury on Saturday.Craig Levein’s side led the Scottish Premiership at some point this season after winning eight of their first 10 games in the league but injury to Naismith coupled with the absence of the likes of Christophe Berra, John Souttar and Uche Ikpeazu, has seen them tumble to fourth.But Berra returned to full fitness earlier in the December and with his expected return during the festive period, Naismith is confident that the team can rediscover their winning run.Naismith, whose team are only three points off the top, said, according to SportsMole: “You chop it into blocks. We need to be looking at being still in that mix around the winter break.”News: Pereira has gone on loan from United to Hearts George Patchias – August 13, 2019 The young Portuguese goalkeeper has secured a loan deal for the remainder of the season to Hearts of the Scottish Premier League.According to a…“It’s shown so far this season that every team can take points off everybody. It’s about building groups of games and getting good performances.”“We have shown over the first three or four months of the season that we are capable of doing that.”“The boys that have been in the team have shown over the last week that they are not just going to sit down and accept it.”“You could easily have gone through the week of the Rangers game, St Johnstone, Motherwell, with no points but we have put up some good fights. On other days we would have got more points but we’ve dug in, we have shown a steeliness.”“The more players come back, you would hope the more competition for places and the performances rise again.”last_img read more

Bank of Baroda shares plummet 10 on BSE Sensex rebounds to gain

first_imgShares of state-run Bank of Baroda fell more than 10 percent on the BSE on Monday in response to the second-largest Indian lender announcing disappointing quarterly results on Friday after market hours. Stocks of many other PSU banks, such as State Bank of India, Canara Bank, Dena Bank and Syndicate Bank, also ended the day with losses.The Bank of Baroda stock opened at Rs. 150, marginally lower from its Friday close, and embarked on a downhill path to hit an intra-day low of Rs. 139.80, but later trimmed losses to close at Rs. 142.20, down 8.23 percent from its previous close.  The bank’s standalone net loss was Rs. 3,230 crore for the March 2016 quarter as against a net profit of Rs. 598 crore in the corresponding quarter last year. A 227 percent rise in provisioning for bad loans resulted in the bank’s profit taking a hit.On the NSE, the Nifty PSU Bank was the only sectoral index to end with losses.The S&P BSE Sensex opened from its Friday close but rebounded later to close with a gain of 164 points at 25,653. The NSE Nifty gained 46 points to close at 7,860.”A recovery in oil and commodities sparked a late rally in metal makers, private banks and automobile stocks,” AK Prabhakar, head of research at IDBI Capital Capital Market Services Ltd, told the Mint. Both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) were net sellers of equities worth Rs. 79.84 crore and Rs. 127.91 crore, respectively, according to provisional data released by the NSE. Markets ignored The Indian rupee closed at 66.81 to the US dollar, recovering from the opening low of 66.91 to the greenback. “Following weak global cues the rupee opened on a weaker note but rose in the intra-day session after rebound in domestic equities,” IFA Global said in a note. Gold gained Rs. 25 to close at Rs. 30,050 per 10 gm while silver edged higher by Rs. 335 to end at Rs. 41,260 per kg in the Delhi bullion market on Monday.last_img read more

WATCH Alien researcher releases eerie clip of highspeeding UFO in Orange County

first_imgMavixxxPopular conspiracy theory YouTube channel ‘Mavixxx’ has now uploaded a mysterious video clip that shows a UFO flying in the skies of Orange County, California at breathtaking speed. The clip shows a disc-shaped flying object in the skies, and it had glowing light in its seemingly metallic body.In the video, the conspiracy theorist revealed that the footage was shot on June 19, 2019, and the sighting was apparently captured by a local resident named Sherlly Galicia. Interestingly, the shape and structure of the flying object spotted in the skies of Orange County seems very similar to the alien flying crafts we have seen in Hollywood sci-fi flicks like ‘Independence Day’ and ‘Mars Attack’.The video uploaded by Mavixxx has already gone viral on YouTube, and it has already racked up more than 25,000 views. After watching the video, most of the viewers claimed that sightings like these are authentic proof of alien existence. As per these alien enthusiasts from the deep space used to visit the earth to monitor human activities, and they even went ahead and claimed that these otherworldly entities are gearing up for an invasion.However, skeptics were quick to dismiss the alien angle, and they revealed that the flying object spotted in the video could be a drone. Some others argued that these crafts might be sometimes secret military vehicles that have the capability to travel at hypersonic speed.The new sighting was reported just a few days after Donald Trump, the president of the United States revealed that he does not believe in aliens. Interestingly, Pentagon had earlier confirmed that they had carried out a secretive mission to unravel the mysteries surrounding UFO sightings, especially the one reported by Navy officials. Several Navy officials had previously informed the authorities that the flying objects spotted in the skies performed bizarre manoeuvres that literally defied all laws of modern physics.last_img read more

SBI hikes 1year MCLR rate to 815 percent EMIs to get expensive

first_imgSBI hikes 1-year MCLR rate to 8.15 percentReuters fileIndia’s largest lender State Bank of India on Thursday (March 1) increased the one-year marginal cost of funds based lending rate (MCLR) by 20 basis points to 8.15 percent from 7.95 percent across various maturities.Home loan and personal loan borrowers will be affected by the revised rates as it would affect the interest rates on loans. The Increase in MCLR rates by the largest public sector bank in India shows that the EMI (Equated Monthly Installments) will also increase. The new benchmark rate will be effective from March 1, 2018, the bank said through a notification. The hike in MCLR rates comes a day after the bank increased fixed deposit rates of maturities. SBI MCLRSBIThe overnight MCLR rate has been increased from 7.70 percent to 7.80 percent, while the six-month MCLR has been increased from 7.90 percent to 8.00 percent earlier.The two-year MCLR rate has gone up to 8.25 percent from 8.05 percent. Also, the three-year MCLR rate has been raised to 8.35 percent from 8.10 percent.On February 28, SBI has increased the interest rate on various term deposits with immediate effect. For retail domestic deposits below Rs 1 crore, a depositor will now earn 6.40 percent interest rate on one-year deposit, from the 6.25 percent interest rate earlier. Senior citizen for the same amount of deposit and tenure will earn 6.90 percent from 6.75 percent earlier.The proposed rates of interest shall be made applicable to fresh deposits and renewals of maturing deposits, read the SBI statement.MCLR is the benchmark lending rate based on which banks in India lend to borrowers. Till 31 March 2016, banks used the base rate as the benchmark rate to lend.Reuters reports that this is the first hike in the one-year MCLR after the MCLR regime came into effect in April 2016.last_img read more

Training Requirements Stifle Black Immigrants Upward Mobility

first_imgThe Washington D.C. Chapter of the American Immigration Lawyers Association (AILA-DC) held a Reporters’ Roundtable May 17 to discuss current immigration issues relating to youth in the United States. While immigration reform and the needs of first-generation immigrant youth often focus on Latinos, the roundtable revealed that sub-Saharan Africans tend to have the most difficulties assimilating into U.S. culture.According to the New Americans Integration Institute, out of all immigrant groups, sub-Saharan Africans find it particularly frustrating to move into the American workforce, despite being well qualified and highly educated, largely due to cultural and racial barriers. “If you’re a nurse or a doctor, there are so many federal and state requirements that you have to fill that become very, very complicated and time-consuming, and foreign degrees in general are often less valued than U.S. degrees,” said Jeff Gross, director of the New Americans Integration Institute at the Massachusetts Immigrant and Refugee Advocacy Coalition.The result, as families like the Tureys, living in Southeast D.C. find, are children whose parents have advanced degrees, but who are unable to lift them out of poverty and forced to live and work in substandard conditions. “My husband has a master’s degree in mathematics and doctorate in engineering, but because his degrees were earned in Ethiopia, there is much paperwork and red tape to get through so he drives a taxi,” Mariama Turey told the AFRO. “The money is so poor with the Uber competition and people riding bicycles that we cannot afford to live like the professional-class people that we are.” Many foreign degrees require additional training before being accepted in the U.S.Turey’s four children, all born in the U.S., want what other U.S. children have, including cell phones and fashionable clothes. And while her husband would prefer she remain at home and not work, Turey said meeting the needs of the children and living above the poverty line require she braid hair in her spare time.“It is not a good situation for me at all because the laws are changing and I fear I will be forced to get a license to do something we consider to be a cultural service,” Turey said. “It makes you wonder if the system is not designed to keep you poor and begging when you cannot even scratch out a living without someone wanting to tax that as well.”But as Gross pointed out, assimilation or “Americanizing” oneself, remains the key to getting into the American professional job market. “If you don’t come to a job interview and approach it with an American attitude, an American style, and an American résumé, that credentialing document won’t do you much good,” Gross said.Still, for those like Turey, who wanted a bit of a hustle with hair braiding, the restrictions were found to be even worse. Licensing has spread inexorably through the U.S. labor market, often due to horror stories of people being harmed by the actions of someone without the necessary training, with occupational licensure, according to Forbes magazine, damaging the upward mobility of poor people and doing little to protect the public. And while challenged in court, new cases arise almost daily.In Tennessee, for instance, Pritchard v. Board of Cosmetology, the plaintiff Tammy Pritchard, was told she had to earn 300 hours of classroom instruction in order to wash hair in an African braiding salon. “These laws represent a hostile, anti-immigration work policy that makes it futile for hardworking citizens to gain full access to the American dream,” George Washington University foreign policy grad student, John Marshall told the AFRO. “When you acknowledge that in the 1950s roughly 5 percent of workers needed permission from federal, state, or local authorities to practice their occupation, these expensive licenses do a lot to keep Africans from earning money.”African immigrants from Nigeria, Ethiopia, Egypt, Ghana, and Kenya account for nearly half of the foreign-born African population in the U.S in 2013 and overwhelmingly settle in the South (38 percent) or the Northeast (27 percent) most often in New York, Maryland, D.C., and New Jersey.last_img read more