Starget’sSmart Targeted Radioligand (STR)TheranosticsEnablePreciseTargetedDelivery ofHighlyFocusedMolecularRadiationDirectlytoCancerCells whileMinimizingDamage to HealthyTissues
Lead Program DOTA–PTR-58Was DevelopedUsingStarget’sProprietary PeptideBackbone DynamicsPlatformthatLeveragesBackboneCyclicInnovationsand In-SilicoAItoRapidlyDesign HighlySpecificLigands
TEL AVIV, Israel and HOUSTON, Oct. 23, 2024 (GLOBE NEWSWIRE) — Starget Pharma (Starget), a clinical stage biotechnology company developing precision peptide radioligand therapies, and Cancer Focus Fund, LP, a unique investment fund established in collaboration with The University of Texas MD Anderson Cancer Center (MD Anderson) to provide funding and clinical expertise to advance promising clinical therapies, today announced a $5.1 million investment from Cancer Focus Fund to support a Phase 1b clinical trial of Starget’s lead theranostic, DOTA-PTR-58. The trial will target tumors overexpressing somatostatin receptor type 3 (SSTR-3), including sarcomas, neuroendocrine tumors (NET), melanoma, and hepatocellular carcinomas. The trial will be conducted at MD Anderson and other centers and will begin enrolling patients in early 2025.
Targeted theranostic radiotherapy combines diagnostic imaging with targeted treatment to provide personalized care for advanced metastatic cancers. Using patient data, theranostics precisely targets tumor cells, delivering localized radiotherapy that can either generate diagnostic images or directly destroy cancer cells. This approach offers greater precision and a wider therapeutic window than conventional radiation therapy.
“This investment validates the potential of our smart targeted radioligands to provide safer and more effective therapies for challenging cancers,” said Sigal Kalmanson Cusnir, CEO of Starget Pharma. “Our Backbone Dynamics technology enables us to transform peptides into next-generation radiopharmaceuticals with enhanced properties. We look forward to collaborating with MD Anderson on this Phase 1b trial of DOTA-PTR-58, a first-in-class theranostic that has demonstrated both safety and tumor uptake in early studies. We believe our proprietary technology offers significant advantages over existing radioligand therapies, particularly for advanced cancer patients with limited options.”
Starget’s Backbone Dynamics technology is an innovative peptide radioligand drug design platform that uses proprietary backbone cyclization to create molecules with enhanced stability, selectivity, and pharmacokinetics. The platform accelerates the design of new radioligand candidates, facilitating the rapid development of cancer therapies with enhanced efficacy and safety.
“Starget Pharma’s novel STR technology exemplifies the potential cancer breakthroughs we seek to support,” said Ross Barrett, a founder and Managing Partner of Cancer Focus Fund. “Recent successes with peptide-based radioligands have begun to realize the promise of this approach, and Starget’s proprietary Backbone Dynamics technology further advances these gains by enhancing peptide diversity and optimizing candidate selection for a variety of difficult-to-treat cancers.”
Jordi Rodón, MD, PhD, Associate Professor of Investigational Cancer Therapeutics at MD Anderson, will serve as Principal Investigator of the Phase 1b trial.
AboutDOTA-PTR-58and SSTR-3 DOTA-PTR-58 is a first-in-class superagonist radioligand with sub-nanomolar affinity targeting selective somatostatin receptor type 3 (SSTR-3), a receptor highly expressed across multiple tumor types including sarcoma, melanoma, NET and hepatocellular carcinomas. Unlike the more commonly used target SSTR-2, SSTR-3 shows lower expression in normal tissues, offering a broader therapeutic window. DOTA-PTR-58 comprises a theranostic pair: Imaging with a Ga-68 isotope and therapy with a Lu-177 isotope. A follow-on program will include Imaging with a Ga-68 isotope and therapy with an Ac-225 isotope. The molecule demonstrates high in vivo tumor uptake and internalization, selectivity and significant antitumor activity.
AboutStarget Pharma Starget Pharma is a clinical stage company developing a pipeline of radiotherapy programs generated using its proprietary Backbone Dynamics peptide platform that leverages backbone cyclic innovations and in-silico AI to rapidly design highly specific Smart Targeted Radioligands (STRs) that deliver focused radiation for the imaging and treatment of cancer. These STR’s are designed to engage novel and validated tumor-specific targets with either alpha or beta isotopes. Starget’s lead program targets SSTR-3, a somatostatin receptor that is overexpressed in tumor cells compared to healthy tissues and has enhanced cell internalization compared to other tumor targets. First-in-human data has demonstrated promising safety and good tumor uptake. A Phase 1b trial is expected to begin in early 2025 at MD Anderson and other centers. Beyond its lead program, Starget has a robust pipeline encompassing novel tumor targets and isotopes, offering first-in-class and best-in-class potential for a variety of metastatic cancers. For more information, visit stargetpharma.com.
About Cancer Focus Fund The Cancer Focus Fund LP is a unique investment fund established in collaboration with The University of Texas MD Anderson Cancer Center (MD Anderson). The fund provides investment support to advance promising cancer therapies that are close to being tested in humans or are in early clinical development, as well as the clinical trial expertise and infrastructure of MD Anderson and strategic partners Ochsner Health System Precision Cancer Therapies Program New Orleans and the LSU Feist Weiller Cancer Center Shreveport. The Fund’s objective is to leverage this unique combination to provide investors with superior risk-adjusted returns. In collaboration with partner MD Anderson, the Cancer Focus Fund provides both capital and translational research expertise with the goal of accelerating the development of novel cancer therapies that result in better outcomes for patients while generating returns for investors.
Disclosures The University of Texas MD Anderson Cancer Center’s relationship with Cancer Focus Fund, and all research conducted at MD Anderson related to Cancer Focus Fund, has been identified as an institutional financial conflict of interest by MD Anderson’s Institutional Conflict of Interest Committee and therefore is managed under an Institutional Conflict of Interest Management and Monitoring Plan.
Minister for Health Care Acko Ankarberg Johansson and Ukrainian Minister of Health Viktor Liashko have signed a technical agreement between Sweden and Ukraine. The aim is to intensify cooperation and advance Ukraine’s process of integration into the EU. Ms Ankarberg Johansson also visited several care facilities in Kyiv, including the Okhmatdyt children’s hospital that Russia attacked in July.
“The Government has made clear that Swedish support to Ukraine will continue for as long as necessary. This includes the area of health care, which is an essential part of the country’s resilience and reforms. For me it was important to be here on the ground and show my support and that of the entire Government to the war-affected country,” said Ms Ankarberg Johansson.
The agreement covers matters such as cooperation on transfer of knowledge to healthcare staff, efforts to combat antimicrobial resistance and exchange of experience of rehabilitation for Ukrainians affected by the war. It also covers cooperation and capacity-building aimed at supporting reforms that are required for EU integration in areas such as medicines.
The ministers signed the agreement at Ukraine’s Ministry of Health. It builds on earlier agreements between the countries.
Ukrainian translation of Swedish handbook on spinal cord injury
Ms Ankarberg Johansson visited a hospital in Kyiv, where Spinalis Foundation co-founder Professor Claes Hultling presented the Ukrainian translation of the Foundation’s handbook A new page of life with spinal cord injury. Speakers during the presentation included First Lady of Ukraine Olena Zelenska, Mr Liashko, Ms Ankarberg Johansson and Professor Hultling.
The Spinalis Foundation promotes research and rehabilitation of spinal injuries.
During the visit in Kyiv, Spinalis concluded an agreement on international medical partnership with the Rivne Regional Hospital for Veterans of War.
Visit to bombed children’s hospital
Ukraine’s largest children’s hospital, Okhmatdyt, is located in Kyiv. It was the target of a Russian missile attack on 8 July 2024, and a major portion of the hospital was destroyed in the attack and is in need of reconstruction. Ms Ankarberg Johansson was given a tour of the destruction and met with patients at the hospital.
The Government has provided nearly SEK 10 million in support to help rebuild the children’s hospital. This support goes to the volunteer organisation Beredskapslyftet, which together with Astrid Lindgren’s Children’s Hospital at Karolinska University Hospital initiated the project and is responsible for purchasing equipment.
Following the attack, the Government decided to provide immediate humanitarian aid, which was channelled via the United Nations Children’s Fund (UNICEF) and distributed directly to the affected children and their families.
Ms Ankarberg Johansson’s visit to Kyiv took place on 15–16 October. During her stay, she also visited a primary care clinic in Makariv that was rebuilt following an attack in March 2022 and met with injured soldiers who had undergone surgical reconstruction at a military hospital. Ms Ankarberg Johansson later stopped by the pharmaceutical company Farmak and attended the conference ‘European Integration of Ukraine: Healthcare’ to deliver an opening address.
Source: United Kingdom – Executive Government & Departments
Scientists comment on MHRA saying ‘Donanemab licensed for treatment of Alzheimer’s disease in some adults’, and NICE draft guidance saying ‘Donanemab does not currently demonstrate value for the NHS’.
Prof Andrew Doig, Professor of Biochemistry, University of Manchester, said
“Donanemab is a new drug for Alzheimer’s Disease (AD) which tackles the build-up of a form of amyloid-β in the brain, the likely root cause of AD. It is an antibody that is administered through a needle inserted into a vein. Donanemab was tested with a clinical trial on about 2000 people with early-stage AD, run over 18 months.
“Donanemab shows real benefit to patients with mild AD by slowing down cognitive decline. The benefits are small, however, and there are concerns with the drug. Firstly, donanemab is not a cure for AD and it does not reverse, or even halt, the disease. All it does is to slow down the rate at which the disease progresses, as measured by loss of memory and other cognitive skills. In effect, patients who take donanemab see a delay to their loss of brain function by around six months. Secondly, carrying out a diagnosis to see who is eligible to take donanemab can only be carried out by a PET scan, similar an MRI scan, or by analysing cerebrospinal fluid, carried out by a lumbar puncture. These diagnosis methods are expensive and can be unpleasant for patients, so are not routinely available. Genetic tests to check that a patient is eligible for the drug are also useful. Thirdly, there is a small, but real risk, that donanemab can cause swelling or bleeding in the brain. About a quarter of patients in the trial showed evidence of this. Finally, the cost of the drug is very high, as is the cost of administering the drugs, as it requires regular MRI scans. Given the small benefits and high costs of the drug, NICE has not approved donanemab. NHS resources are limited (e.g. MRI machines) and are better spent elsewhere.
“This decision will be disappointing for patients and carers who are living with the burden of this horrible disease that has no cure. Nevertheless, there is hope. Better diagnostic methods are in development, such as a simple blood test, which would mean that PET scans or lumbar punctures are not needed. Donanemab has not been ruled out forever and this decision could change. We will continue to track how well it works over longer time periods. Costs may also come down. In addition, many other AD therapies, such as other antibodies are on the way. Some of them are likely to work better than donanemab and could be approved.
“Donanemab and other related drugs have shown that it is possible to slow cognitive decline caused by AD. They therefore point the way to a future where AD can be treated, bringing benefit to millions of people.”
Prof B. Paul Morgan, UK Dementia Research Institute Cardiff, Cardiff University, said:
“NICE has reached the decision that the Alzheimer’s drug Donanemab, despite having a modest effect on rate of disease progression, does not clear the clinical benefit and cost-effectiveness hurdles for approval for use in the NHS. The drug requires monthly infusions and carries significant risk of side effects, necessitating very close monitoring using imaging and other expensive tests.
“The decision is not surprising in that it closely mirrors that made for another Alzheimer’s drug, Lecanemab, in August. Both drugs are monoclonal antibodies that target amyloid, the main component of the plaques that develop in the brain in Alzheimer’s disease. They differ subtly in that Lecanemab targets the soluble form of amyloid to prevent plaque formation while Donanemab targets amyloid aggregates in plaques. Nevertheless, both efficiently clear amyloid and have a similar slowing effect on progression of cognitive decline in patients. Both also share the same risks, notably an increase in inflammation in brain blood vessels that can lead to bleeding in the brain.
“The decision will be a disappointment to Alzheimer’s sufferers and their carers. It means that there are no disease-modifying drugs for Alzheimer’s currently approved in the UK. The decision also highlights the problems with the amyloid-targeting drugs – eye-wateringly expensive, difficult to administer and potentially harmful. Balancing these against a modest impact on the disease, the decision made by NICE is understandable. These drugs are already in use in the US and elsewhere, albeit at lower than predicted uptake, and more will be learned from their wider use. In particular, improvements in patient selection and monitoring may tip the balance in the future.
“The final lesson from these disappointments is that we need better drugs for Alzheimer’s disease, moving beyond the focus on amyloid clearance and targeting other aspects of the disease that may provide better, safer and affordable routes to effective therapy of this awful disease.”
Prof Rob Howard, Professor of Old Age Psychiatry, University College London (UCL), said:
“NICE have made the correct and responsible decision that donanemab treatment within the NHS cannot be considered to represent a cost-effective use of resources. Importantly, the estimated potential value-based benefits of donanemab to patients with dementia and their families were between only a fifth and a sixth of the actual costs of buying and administering the treatment.
“Although there is considerable uncertainty about both the meaningfulness of the very small benefits seen with treatment and any longer term effects beyond the 18 months of data collected in the pivotal trials, NHS access to these new drugs would not have made an appreciable difference to the experience of patients and families affected by dementia.
We have well-established drug treatments and psychosocial interventions for Alzheimer’s disease that are already available to people with dementia within the NHS but are not universally accessed. Our priority now should be to ensure that everyone with dementia who might benefit from these cost-effective interventions and adequately resourced adult social care services is able to access them. It would be unhelpful if the conversation about how we adequately fund NHS and social care for people with dementia was distracted by the issue of these new drugs. We should thank NICE for their leadership and clarity in this regard.”
Prof Siddharthan Chandran, Director of the UK Dementia Research Institute, said:
“These first drugs are just the opening chapter for Alzheimer’s treatments. Today’s MHRA approval of donanemab is another step towards a future where we can begin to offer treatments to people affected by dementia. In this case, NICE’s initial recommendation is that the benefits of the drug are not significant enough to make it cost effective, which means it will not be available to patients on the NHS. This will be disappointing to many. However, I do believe we are at a pivotal moment in our research mission to develop better, safer treatments.
“This is a long journey and is only possible because of long-term investment in research that underpins the identification and development of new treatments. The MRC-funded UK Dementia Research Institute is at the forefront of research into dementias, and working together with our many partners from patient charities, leading UK universities, the NHS and industry we are hopeful that major advances in diagnostics and treatments are ahead of us.”
Prof Charles Marshall, Clinical Senior Lecturer and Honorary Consultant Neurologist, Queen Mary University of London (QMUL), said:
“This will be very disappointing news for people affected by Alzheimer’s who are desperate for something that can slow the course of the disease. Hopefully, future developments will allow the introduction of treatments like this in the NHS. For this we will need investment in modernised dementia clinics that can deliver diagnosis and treatment appropriately, as well as evidence that Donanemab continues to slow Alzheimer’s disease over a longer time period, which could make it cost effective. We need NHS patients to be involved in generating this evidence so that we can see how effective Donanemab might be if used widely in the UK.”
Prof Tara Spires-Jones, Director of the Centre for Discovery Brain Sciences at the University of Edinburgh, Group Leader in the UK Dementia Research Institute, and President of the British Neuroscience Association said:
“While people living with dementia and their loved ones will undoubtedly be disappointed by the decision not to fund this new treatment on the NHS, the good news that new treatments can slow disease even a small amount is hopeful. New research is bringing us closer to treatments that should be safer and more effective. This decision on the amyloid targeting drug donanemab is not a surprise as it is consistent with the recent recommendations for lecanemab, a very similar drug. Donanemab is an antibody that removes amyloid pathology from the brain. This is not a cure. The treatment slows disease progression modestly but does not stop or reverse symptoms. The treatment also comes with potentially serious side effects of brain swelling and brain bleeding.”
Prof Tom Dening, Professor of Dementia Research, School of Medicine, University of Nottingham, said:
“Given the MHRA and NICE positions previously stated on lecanemab, these decisions in relation to donanemab are hardly surprising. My personal position stands more with NICE, because I think that we don’t do enough to support people with dementia after they get a diagnosis, and the expensive monoclonal antibodies are a bit of a distraction from the main issue, which is to help people live the best lives they can with the diagnosis.”
Professor Fiona Carragher, Chief Policy and Research Officer at Alzheimer’s Society, said:
“Disease-modifying therapies like donanemab and lecanemab offer a new horizon of hope in the fight against dementia. MHRA’s approval of donanemab marks another milestone in this journey, but it comes alongside a draft NICE decision not to recommend donanemab for use on the NHS. While this is disheartening, we respect the decision of the regulator.
“In other diseases like cancer, treatments have become more effective, safer and cheaper over time and we hope to see similar progress in dementia.
“With around 20 Alzheimer’s disease drugs in late-stage clinical trials, more drugs will be submitted for approval within the next few years.
“New treatments are an important catalyst for change, but they are only one piece of the puzzle. While preparing for the future, we must not lose sight of the million people living with dementia in the UK today – a third of whom don’t have a diagnosis.
“We need to see significant government investment to bring about radical change so that everyone with dementia in the UK can get an early and accurate diagnosis. Without this, people won’t be able to access existing treatments and interventions to help manage their symptoms today or be ready for the disease slowing treatments of tomorrow.”
Hilary Evans-Newton, Chief Executive at Alzheimer’s Research UK, said:
“Today’s announcement marks another frustrating setback for people affected by Alzheimer’s disease. We finally have two new treatments licensed in Britain for Alzheimer’s, but it’s incredibly disappointing that NHS patients in England and Wales won’t receive them. While these drugs are not cures and come with risk of side effects, trials show they are the first treatments to slow the decline in memory and thinking skills linked to Alzheimer’s, rather than just alleviating symptoms.
“NICE’s recent interim decisions on lecanemab and donanemab highlight uncertainty about their benefits compared to the significant costs of delivering them in the NHS. Yet dementia remains the UK’s leading cause of death, and without action, an ageing population means more families will be affected, driving up NHS costs through emergency admissions and care.
“NHS England has identified nearly 30 other dementia treatments that could be available by 2030, giving the government and NHS a crucial opportunity to transform how dementia is treated – just as Labour pledged in their manifesto. But we still haven’t heard from Health Secretary Wes Streeting on how he plans to break the deadlock we’re facing, where research is delivering new treatments but they remain out of reach for NHS patients. We’ve written to the Health Secretary again, calling for his leadership to bring together NICE, NHS England and industry so that people with dementia in the UK aren’t left behind.
“Today’s decision also risks signalling that the UK is no longer a good place to launch new dementia treatments. Although the UK has a strong history in dementia research, it currently hosts just 7% of global dementia trials and under 3% of participants in phase 3 trials for dementia worldwide live here. How the government tackles these challenges will show if they’re serious about bringing innovation to the NHS and cutting the red tape that is limiting people’s access to research and innovative medicines.”
MHRA decision and NICE draft guidance on donanemab for Alzheimer’s disease was published at 10:00am UK time Wednesday 22nd October 2024.
Prof Andrew Doig: Andrew Doig is a Professor of Biochemistry at the University of Manchester. He is a founder and director of PharmaKure, a spin-out company working on diagnostics and drugs for Alzheimer’s Disease and other neurodegenerative conditions.
Prof Rob Howard: I don’t have any relevant CoIs.
Prof Charles Marshall: I have no relevant conflicts to declare.
Prof Siddharthan Chandran: Siddharthan is the academic lead of Neurii, a £5M partnership to deliver patient focused digital health solutions for dementia, part funded by Eisai. The UK Dementia Research Institute holds partnerships with charities (BHF, Alzheimer’s Research UK, Alzheimer’s Society and LifeArc), and industry (Lilly, Eisai, Astex, SPARC and Ono).
Hilary Evans-Newton No COI.
Prof Tom Dening: No COI.
Professor Fiona Carragher: No conflicts of interest.
Prof Tara Spires-Jones: I have no conflicts with this study but have received payments for consulting, scientific talks, or collaborative research over the past 10 years from AbbVie, Sanofi, Merck, Scottish Brain Sciences, Jay Therapeutics, Cognition Therapeutics, Ono, and Eisai. I am also Charity trustee for the British Neuroscience Association and the Guarantors of Brain and serve as scientific advisor to several charities and non-profit institutions.
For all other experts, no reply to our request for DOIs was received.
Source: United States House of Representatives – Congressman John Rose (TN-06)
COOKEVILLE, TN—Today, U.S. Representative John Rose (TN-06) announced two key changes to his Tennessee staff. Ray Render, who has served as Deputy District Director since 2019, has been promoted to District Director. Rep. Rose is also pleased to welcome back Leah Grider to the team as Deputy Chief of Staff.
Rep. Rose released the following statement:
“Ray Render and Leah Grider have shown up for the good people of Tennessee’s 6th Congressional District every day since joining my team,” Rep. Rose said. “They both reflect the best of Tennessee, and I have no doubt they will continue to work diligently to meet the needs of our constituents, from East Nashville to East Tennessee.”
About Ray Render
Ray Render was born and raised in Madison, Tennessee, where he graduated from Madison High School in 1985. He later earned a Bachelor of Science in Industrial Engineering from Tennessee Technological University in 1989. In 1993, he completed a Master of Business Administration from Belmont University.
Following a long career at Bridgestone, Ray took on the role of Deputy District Director for Rep. Rose in 2019. At that time, he served those living in the western counties of Tennessee’s 6th Congressional District, including Robertson, Sumner, and Wilson. In 2023, when a significant section of eastern Davidson County was added to the 6th district and Robertson County was removed from the district due to redistricting by the state legislature, he ensured relationships with all new stakeholders were formed. From Madison to Lebanon to Gallatin, Ray is known by local elected officials, business owners, civic leaders, and other constituents as someone who can be counted on to help.
Ray’s community involvement extends far beyond his official duties. In fact, his dedication to service earned him the of title of 2023 Wilsonian of the Year. He is involved with Leadership Wilson, Leadership Middle Tennessee, Wilson Rides, Habitat for Humanity, Compassionate Hands and Various Chambers of Commerce. Most recently, Ray served as president of the Mt. Juliet Breakfast Rotary Club.
About Leah Grider
Grider, a Smith County native, spent more than four years serving the 6th District from the Washington, D.C. office. Her new role for Team Rose will be based in Tennessee, primarily serving counties on the eastern end of the district, including Cumberland, Putnam, Fentress Pickett, and Scott.
Leah was raised in Carthage and is a graduate of Smith County High School. She is also an alumna of Tennessee Technological University, where she earned a Bachelor of Science in Business Administration and Accounting.
Prior to her work with Representative Rose, Bane worked as an Economic Development Planner for the Upper Cumberland Development District (UCDD), where she collaborated with elected officials, key stakeholders and community leaders from across Tennessee’s Sixth Congressional District in both banking and economic development job roles.
OXFORD, United Kingdom, Oct. 23, 2024 (GLOBE NEWSWIRE) — EBC Financial Group (EBC) is proud to announce its continued collaboration with the University of Oxford’s Department of Economics for the 2024-2025 edition of the acclaimed “What Economists Really Do” (WERD) webinar series. The upcoming event will be the first WERD event to feature a dedicated panel discussion session in a hybrid setting, titled “Sustaining Sustainability: Balancing Economic Growth and Climate Resilience”. It also marks the second collaboration between EBC and the University of Oxford’s Department of Economics this year, following an earlier success in March. EBC’s ongoing collaboration with the University of Oxford’s Department of Economics builds on the success of their previous WERD webinar, which focused on The Economics of Tax Evasion. That session explored the impact of tax evasion on both global and local economies, highlighting the importance of financial literacy in addressing complex economic issues.
The hybrid event will take place on 14 November 2024 at the Sir Michael Dummett Lecture Theatre, Christ Church College, and will bring together prominent thought leaders to discuss the intersection of economic policies and environmental sustainability.
As global climate challenges intensify, this event comes at a critical time when the financial sector’s role in fostering sustainable development is under increased scrutiny. In today’s economic landscape, aligning financial strategies with environmental stewardship is essential. Through sponsoring this upcoming WERD episode, EBC will shift its focus toward addressing the pressing issues of climate resilience and sustainable economic growth. The panel discussion will explore how macroeconomic policies can help address some of the world’s most urgent environmental challenges while ensuring economic stability. This timely dialogue underscores EBC’s commitment to fostering discussions on how financial markets can lead the charge in sustainability.
David Barrett, CEO of EBC Financial Group (UK) Ltd, expressed his enthusiasm for the ongoing collaboration: “We are excited to partner once more with the University of Oxford’s Department of Economics for the second episode of the ‘What Economists Really Do’ webinar series for the 2024-2025 edition. This collaboration embodies our commitment to advancing academic research and addressing the pressing issue of climate change through macroeconomic perspectives. At EBC Financial Group, we believe in the power of strategic partnerships to drive meaningful change, and we are proud to support such an esteemed partner in a collective mission to shape a more sustainable future.”
Banu Demir Pakel, session moderator and the Associate Head of External Engagement and Associate Professor of Economics, added: “We are pleased to welcome EBC Financial Group back to sponsor another special episode of ‘What Economists Really Do’ (WERD). In the previous WERD episode, we welcomed David Barrett, CEO of EBC Financial Group (UK) Ltd to discuss ‘The Economics of Tax Evasion’—proving how invaluable industry insights can be to an academic discussion. On the basis of this success, we are looking forward to hosting a larger hybrid panel event with further guests from the industry, plus a keynote lecture from Professor Andrea Chiavari on the topic of ‘Macroeconomics and Climate.’ The Department of Economics is proud to facilitate thought-leadership discussions between academia and industry, and we are grateful for EBC’s ongoing support. We look forward to a prosperous event.”
The University of Oxford’s Department of Economics is globally celebrated for its rigorous academic research and significant contributions to economic policy. Attendees will gain valuable insights into how macroeconomic principles can align with sustainable growth objectives, informed by perspectives from both academia and the financial sector. With discussions that bridge the gap between theory and practice, this event will provide a forward-looking view of how economic policies can uplift environmental resilience and ensure global economic stability. Participants will also hear from industry leaders about the practical steps businesses and institutions can and are taking to achieve sustainable growth.
Embracing a Broader Vision of Sustainable Development EBC Financial Group’s support for this initiative comes at a time of strategic global expansion. With a growing presence in key financial hubs such as London, Hong Kong, Tokyo, Singapore, and Sydney, as well as emerging markets in Southeast Asia, Latin America, Africa, and India, EBC is committed to empowering local markets with financial solutions that are both robust and sustainable. By engaging with leading academic institutions like the University of Oxford’s Department of Economics, EBC aims to strengthen its role as a catalyst for positive change in regions that are traditionally underserved by major financial institutions.
The proceeds from this year’s WERD event will support the Department and its goal to produce leading research and world-class education. Registration for the event is now open, offering both in-person and online access to accommodate a global audience. To reserve your spot, please visit this link.
About EBC Financial Group Founded in the esteemed financial district of London, EBC Financial Group (EBC) is renowned for its comprehensive suite of services that includes financial brokerage, asset management, and comprehensive investment solutions. EBC has quickly established its position as a global brokerage firm, with an extensive presence in key financial hubs such as London, Hong Kong, Tokyo, Singapore, Sydney, the Cayman Islands, and across emerging markets in Latin America, Southeast Asia, Africa, and India. EBC caters to a diverse clientele of retail, professional, and institutional investors worldwide.
Recognised by multiple awards, EBC prides itself on adhering to the leading levels of ethical standards and international regulation. EBC Financial Group’s subsidiaries are regulated and licensed in their local jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA), EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA), EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC).
At the core of EBC Group are seasoned professionals with over 30 years of profound experience in major financial institutions, having adeptly navigated through significant economic cycles from the Plaza Accord to the 2015 Swiss franc crisis. EBC champions a culture where integrity, respect, and client asset security are paramount, ensuring that every investor engagement is treated with the utmost seriousness it deserves.
EBC is the Official Foreign Exchange Partner of FC Barcelona, offering specialised services in regions such as Asia, LATAM, the Middle East, Africa, and Oceania. EBC is also a partner of United to Beat Malaria, a campaign of the United Nations Foundation, aiming to improve global health outcomes. Starting February 2024, EBC supports the ‘What Economists Really Do’ public engagement series by Oxford University’s Department of Economics, demystifying economics, and its application to major societal challenges to enhance public understanding and dialogue.
Vatican City (Agenzia Fides) – The Holy Father has appointed the Reverend Moacir Goulart de Figueredo, M.S.C., until now superior of the order of the Missionaries of the Sacred Heart in the province of Curitiba, as vicar apostolic of San Miguel de Sucumbíos, Ecuador.Msgr. Moacir Goulart de Figueredo, M.S.C., was born on 30 September 1965 in Salto do Lontra, PR, in Brazil. He carried out his studies in philosophy at the Universidade São Franciscodi São Paulo and in theology at the Nossa Senhora da Assuncão University, where he was awarded a licentiate in missiology.He gave his perpetual vows on 2 February 1990 and was ordained a priest on 16 November 1991.He has held the following offices: formator and provincial vicar in São Paulo (1990-1996), missionary in Ecuador and parish vicar in Chunchi, province of Chimborazo and diocese of Riobamba (1996-2001), provincial superior in Curitiba, PR, Brazil, and parish vicar (2001-2007), formator in Ecuador and parish vicar in Quito (2007-2016), assessor of the Ecuadorian Conference of Religious (2007-2016), formator of candidates of the Missionaries of the Sacred Heart of Jesus (2007-2016), archdiocesan director of the Pontifical Mission Societies (2010-2015), executive secretary of the Centro Misionero Nacional of the Ecuadorian Episcopal Conference (2015-2018), and parish priest of the Good Shepherd in Turubamba in Quito (2016-2022). Since 2022 he has served as provincial superior in Curitiba, PR, Brazil. (E.G.) (Agenzia Fides, 23/10/2024)
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Links between eating a balanced diet and overall health are well-established. But for people living in “food swamps” these healthy options just aren’t readily available.
A new study in the Journal of Human Behavior in the Social Environment highlights the lived experiences of women of color living in a food swamp in North Hartford, and both the challenges and opportunities for accessing healthy food in their neighborhood.
The study was a collaboration between the UConn Department of Allied Health Sciences, the Rudd Center for Food Policy and Health, the UConn School of Medicine, and North Hartford community members.
Food swamps are areas characterized by an oversaturation of fast food and other highly processed food options. They also have a lack of grocery stores with fresh produce.
“Food swamps are areas where residents don’t have access to fresh, healthy foods,” says Curtis Antrum, lead author of the study and graduate assistant. “Instead, they are surrounded by establishments like fast food or corner stores. People of color in poorer neighborhoods are disproportionately impacted by food swamps.”
The researchers used a method known as Photovoice for this study. This research method involves study participants taking photos, in this case, of the food environment in their neighborhood, and adding voice notes narrating their experience.
This method empowers participants to engage in citizen science by sharing more detailed and personal information with the researchers.
“Photovoice actually prompts a focus on action,” says Kristen Cooksey Stowers, assistant professor in the Department of Allied Health Sciences and senior author on the paper. “Not just engaging lived experience and documenting problems and health inequities, but also keeping the dedication to engage lived experience and community voice when you are carving out and evaluating solutions.”
From these accounts, the researchers identified some key themes in the challenges participants face, such as a lack of access to grocery stores; advertising and marketing that push “junk” food; lack of transportation to access healthier options; unaffordability of fresh produce; the impact of junk food on their children’s school performance; the prominence of alcoholic beverages over health alternatives; and the quality of fresh food at their local stores.
“Anyone paying attention knows that North Hartford residents have been impacted by degradation and segregation; however, through the Photovoice approach, our lived experiences within this food swamp are urgent and impossible to ignore,” Mary Holter, a member of the Community Action Task Force (CATF).
Curtis Antrum and Kristen Cooksey Stowers at the Gallery Walk for the Invest Health Hartford Team. (Jason Sheldon/UConn Photo)
Participants did identify positive aspects of their food environment as well, such as the availability of culturally relevant foods for the city’s large Caribbean and Hispanic populations, like plantains and yucca. However, participants note that this does not fully meet their needs in the absence of other produce.
The paper concludes by highlighting the assets the community already has and how these can be bolstered by policy changes and increased funding.
“The message that we heard from [community members] was that they want more investment in our community assets,” Cooksey Stowers says.
This paper reflects the overarching aim of Cooksey Stowers’ lab, the Health Equity Lab for the People (HELP), in shifting the field away from a negative framing of problems, but instead places the focus on solutions.
Cooksey Stowers’ lab hopes to change this by empowering community members to have their voices heard by researchers and policy makers.
“It’s very important from a personal level that we can reach them where they are, so they can participate actively and see the results,” Antrum says.
The team plans to replicate this pilot study with a larger sample that includes men and women and will look at the impact of poor nutritional health on students’ educational outcomes. The team has also looked at how policies create food swamps. For example, in Hartford, corner stores and other non-grocery establishments that sell food were coded as grocery stores, giving policy makers an inaccurate picture of food access across the city.
“The Photovoice Project is being shared in multiple venues, and as the saying goes, a picture is worth a thousand words. But in this case, the voice and lived experience of residents are captured alongside the photos, substantiating a more compelling case for the change that is required to move the needle towards health equity,” says Angela Harris of Phillips Metropolitan CME Church.
Working with community partners, Cooksey Stowers successfully lobbied to have the definition updated to require “grocery stores” sell a certain percentage of fresh foods and a square footage requirement in 2022.
“That was a barrier to change,” Cooksey Stowers says. “Because as we were presenting data to folks outside of Hartford trying to recruit a supermarket operator, trying to get state-level support, on paper they were seeing that there were grocery stores there.”
Other policies can help restrict new fast-food establishments from opening while encouraging community-owned health-promoting businesses like cafes and restaurants with healthy options and fitness establishments. They presented this policy proposal to Hartford policy makers at the end of September.
“They are envisioning a health-topia, not an area that is filled with dialysis treatments,” Cooksey Stowers says. “They want to focus on prevention, not just treatment.”
“To make a real impact, we need sustainable investment and policy changes to turn food deserts and swamps into spaces that promote health, equity, and opportunity,” says Denise Holter, CATF chair. “This isn’t just about access to healthy, affordable food—it’s about ensuring dignity, choice, and a brighter future for everyone.”
This work relates to CAHNR’s Strategic Vision area focused onPromoting Diversity, Equity, Inclusion, and Justice andEnhancing Health and Well-Being Locally, Nationally, and Globally.
For more than 100 years, Storrs students have been able hop on buses of varying kinds – from a 1920s jalopy to today’s sleekly designed “Ice Bus” – on their way to their classes, residence halls, and activities around campus.
While UConn Storrs has grown and even the school’s name has evolved, one thing has remained the same: The buses have been powered by fossil fuels, which has been the standard technology for decades in mass transit around the world.
But that’s about to change. As the State of Connecticut pursues more clean energy options, it is providing two new battery electric buses to the Windham Regional Transit District (WRTD), which operates UConn’s bus system, for use on the Storrs campus starting in the spring semester.
The electric buses produce no tailpipe emissions and provide all the features that today’s students need for a comfortable and productive ride. Those amenities include three-position bicycle racks, phone charging ports, comfortable silica cushion seats, on-board electronic information displays, and other features envisioned in the Customer Experience Action Plan of the Connecticut Department of Transportation (CTDOT).
The new buses are part of a larger initiative by CTDOT and state Department of Energy & Environmental Protection (DEEP) in partnership with transit providers to transition from diesel to zero-emissions models under an executive order that Gov. Ned Lamont issued in 2021.
The new 32-seat electric buses fit ideally into UConn’s clean-energy transportation vision, which is part of the broader plan to attain carbon neutrality on campus by 2030. Some of the related initiatives in the works include installing a hydrogen fuel dispenser at Storrs next spring; replacing 24 aging utility fleet vehicles with hydrogen-fueled models; and adding nine hybrid buses, which are currently on order.
Many more electric vehicle charging stations are also being added at Storrs, UConn Health, and other locations statewide. Like the hydrogen fuel station, they will be accessible for public use.
“Transportation is a critical piece in the puzzle at UConn as we work toward carbon neutrality by 2030 and the goal of net carbon zero by 2040,” says Stan Nolan, UConn’s interim associate vice president for facilities operations, which include transportation and fleet services.
“Transitioning our University vehicles to models that operate on more sustainable fuel sources will significantly enhance our progress, along with providing amenities like the charging stations to support and encourage others to adopt green-friendly transportation in our community,” he says.
All told, the University’s fleet vehicles are driven a combined total of about 2,000 miles per day on and around its campuses. About three-quarters of them run on gasoline or diesel fuel, but that percentage is decreasing as vehicles reach the end of their serviceable lives and many are being replaced with clean-energy vehicles.
President Radenka Maric, an internationally recognized expert in clean energy technology, says the impact of transitioning UConn’s fleet to green-energy sources will be an important step in the work toward carbon neutrality.
It also establishes UConn and the State of Connecticut as a partnership model for other states to emulate and underscores ideals of UConn’s Strategic Plan, in which the wellness of people and the planet – starting right on its campuses – are among the six top focus areas.
The two electric buses are expected to be added to the Storrs routes in the spring semester once the charging infrastructure is installed and ready for use at the WRTD bus garage.
The electric buses can run for about 150 to 180 miles per charge in winter, and about 200 to 220 miles per charge in summer. That range is ideal for a location like the Storrs campus, where the buses are constantly circulating on a typical day and the per-charge mileage is expected to be on the higher side since they will travel on flat topography at low speeds, officials say.
They will be around the same size as the current buses, most of which are seven or eight years old. Many of those buses will be taken off the road in coming years as they reach the end of their service life, with more clean-energy vehicles envisioned in their place.
The two new electric buses will include UConn’s logo and other recognizable branding, along with a white noise sound for safety to ensure pedestrians can hear the bus even if they are wearing headphones, ear buds, or other clothes and gear.
The new buses also will include the current audio warnings that are broadcast to indicate to people nearby whenever a bus is turning.
The two new electric buses being deployed at Storrs are part of the State of Connecticut’s initiative to electrify at least 30% of the medium and heavy-duty transit fleet statewide by 2030, and 100% by 2035.
Of the 50 new buses being delivered this year, 34 have been deployed across the various CTtransit divisions in addition to 11 already operating in the Hamden and Stamford areas from the 2022 Electric Bus Pilot program.
“Transitioning our fleet from older diesel models to newer zero-emission buses reduces greenhouse gas emissions and harmful air pollution,” says Benjamin Limmer, CTDOT’s Bureau Chief of Public Transportation. “These state-of-the-art buses are quieter, provide a smoother ride, and offer additional amenities that today’s riders deserve. We’re excited to see them running on the Storrs campus this spring.”
Though UConn is moving into a new generation of clean energy mass transit, bus service at Storrs dates back to the days when it was still the Connecticut Agricultural College.
A news story from a 1921 version of the Connecticut Campus student paper includes a colorful description of transportation options in previous years, including a 25-passenger Kissel car that often lost its front wheel on Route 195’s Spring Hill and a faster but short-lived Studebaker.
One of the most famous – or infamous, some would say – was an old Pierce-Arrow they jokingly called the “Black Maria,” a common nickname for police vehicles.
“Students will remember a good many times when they gave vent to their feelings because of Maria’s mulish behavior,” the newspaper wrote in an April 1921 profile of the driver, who transported students three times daily between Willimantic and the campus.
The idea of a 32-seat passenger bus would have been inconceivable to students then.
In fact, electricity had only arrived on campus starting in 1906 – and only in the chapel, library, and dining hall, not the dorms. Now, almost 120 years later, the two new electric buses and nine new hybrid buses represent the next generation of transportation at UConn.
“UConn has always worked to ensure that its campuses are provided with the most modern, user-friendly, and socially responsible transportation options available. The addition of the new electric buses fits perfectly into that mission,” says Andy Kelly, UConn’s associate director of logistics in its facilities operations division.
From Monday 4 to Friday 8 November, in celebration of Green Careers Week, the Skills team at Plymouth City Council are inviting local people to take part in activities that will inspire them to get involved in developing the city’s green economy.
Students, career changers, job seekers, or anyone simply interested in the transition to a more sustainable and green economy can sign up to attend free sessions that aim to inspire local people to contribute to a sustainable future, while also exploring the range of green careers available in Plymouth.
Councillor Tom Briars-Delve, Cabinet Member for Environment and Climate Change, said: “Whether you’re interested in renewable energy, conservation, or sustainable construction, taking part in these Green Careers Week activities can help you to find out how your skills can play a part in a greener, more resilient Plymouth.
“There’s a fantastic line-up of activities with organisations including MVV Plymouth, Fugro, Marine Biological Association, Plymouth Sound National Marine Park, Poole Farm, Secure Forests, the University of Plymouth, Plymouth City Bus and Southwest Highways, and it’s a great chance for people to find out more about the career opportunities that are out there.
“Join us to discover how various sectors in our city are contributing to a sustainable future and explore the range of green careers available!”
Who is using London’s transport, and what is being done to make sure their needs are taken into account in planning services?
Tomorrow, the London AssemblyTransport Committee looks at demographic trends in people using different services, and examines what is being done to provide accessible and inclusive transport options for Londoners.
The meeting will focus on the needs of women, children and young adults, and people in low-income households. The Committee has also launched a call for evidence, which is open to transport planners, campaign and advocacy groups with expertise on the needs of Londoners from a broad range of demographics.
Members will ask what more, or alternative, accessibility and inclusion measures Transport for London (TfL) could consider to improve its services, and ask how TfL engages with different groups as it plans and designs our transport system.
The Committee will also hear from Members of some of TfL’s advisory groups, to understand whether they are consulted with and listened to in the transport planning process, and on decisions affecting the services they use.
Guests include:
Panel 1: 2pm – 3.30pm
DrEmily Barker, Research and Learning Officer, 4in10
Gideon Salutin, Senior Researcher, Social Market Foundation
Dr Liz Hind, Senior Local Partnerships and Training Officer, Women’s Budget Group
Dr Sara Reis, Deputy Director and Head of Research and Policy, Women’s Budget Group
Panel 2: 3.45pm – 4.45pm
James Lee, City Bridge Foundation, TfL’s Independent Disability Advisory Group Board Member
Lauren Price, TfL’s Youth Panel Member
Callum Shakespeare, Whizz Kidz, TfL’s Inclusive Transport Forum Member
The meeting will take place on Thursday 24 October from 2pm, in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.
Media and members of the public are invited to attend.
The meeting can also be viewed LIVE or later via webcast or YouTube.
Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –
The Polytechnic delegation visited the capital of Belarus, Minsk. Our university was represented by Acting Director of the PhysMech Institute Alexey Filimonov, Advisor to the Rector’s Office Vadim Korablyov, and Associate Professor of the Higher School of Engineering Physics Vyacheslav Bondarenko. The program of the trip included discussion of cooperation prospects and participation in scientific events.
The visit began with a working meeting at the Presidium of the National Academy of Sciences of Belarus. It is headed by the Head of the Department of Aerospace Activities of the NAS, Academician Pyotr Vityaz. During the discussion, in which the Director of the Institute of Applied Physics of the NAS, Professor Mikhail Kheifets, also took an active part, the scientists considered a number of promising areas for joint research. In particular, they discussed plans to prepare materials for the Union State program in the areas of “Life Sciences” and “Materials Science”.
After that, the SPbPU delegation visited the VII International Scientific Conference “Modeling of Synthesis and Destruction of Materials”, where issues of deepening cooperation in this extremely important applied area of research were considered. Colleagues emphasized the seriousness of the publication activity of the Union State countries and agreed to strengthen it. The Belarusian side proposed to conduct an economic analysis and make a decision on expanding the composition of the founders of the highly rated journal “Nonlinear Phenomena in Complex Systems”.
Polytechnicians took part in the XI International Scientific Conference “Materials and Structures of Modern Electronics”, which is traditionally held at the Physics Department of the Belarusian State University. Specialists present to the scientific community the main results of experimental and theoretical research in the field of semiconductor physics, condensed matter and nanotechnology. More than 50 oral reports were heard at the conference.
The team of polytechnics presented two reports. The first report “Natural size effect in heterocontacts” is devoted to obtaining information about the nature of the electronic properties of the surface of semiconductors and contact structures. Our scientists showed the results of a study of the natural size effect in semiconductor heterocontacts during the distribution of space charge on point and extended linear defects, which is extremely relevant in debugging the technology of manufacturing modern electronic devices on heterojunctions.
The second report, written in collaboration with colleagues from the A. A. Baikov Institute of Metallurgy and Materials Science of the Russian Academy of Sciences, was called “Magnetostriction anomalies and magnetocaloric effect of rare-earth Laves phases based on cobalt.” It presented the results of comprehensive studies of the structure and magnetic properties of practically significant rare-earth alloys, as well as the study of anomalies in the area of phase transitions using various techniques.
On the sidelines of the conference, several working meetings were held with the Director of the B. I. Stepanov Institute of Physics of the National Academy of Sciences of Belarus, Academician S. V. Gaponenko, Deputy Head of the State Center “Belmicroanalysis”, Corresponding Member of the National Academy of Sciences of Belarus V. A. Pilipenko, Foreign Member of the Russian Academy of Sciences, Academician N. A. Poklonsky, Dean of the Instrument-Making Faculty of the Belarusian National Technical University A. I. Svistun and Professors of the Belarusian State University of Informatics and Radioelectronics A. G. Smirnov and G. G. Gorokh.
The outcome of these meetings was a decision to prepare a large, comprehensive interdisciplinary application within the framework of the Union State research program.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Atlanta, GA – Governor Brian P. Kemp today announced that American International Group, Inc. (AIG), a leading global insurance company, will establish a new innovation hub in DeKalb County. The facility will triple AIG’s current Atlanta-area office space to accommodate over 1,000 employees, including the creation of more than 600 new roles over the next five years.
“Again and again, job creators are choosing the No. 1 state for business not just for first-time investment, but for expansion as well,” said Governor Brian Kemp. “AIG’s decision to grow their footprint here in Georgia is just the latest confirmation that we have what businesses want and are leveraging those assets to their fullest so we can bring new opportunity to all parts of the state. I want to thank our local and state partners who made this project possible, and I look forward to it’s long-lasting, positive impacts.”
With operations and network partners in more than 190 countries and jurisdictions, AIG provides insurance solutions that help businesses and individuals protect their assets and manage risks. AIG’s new Atlanta innovation hub, set to open in 2026, will be designed as a collaborative workspace where teams representing every aspect of AIG’s business will work together to test new processes and incubate digital capabilities to build value for clients and partners.
“For many years, AIG has been a part of Atlanta’s thriving business community, and we look forward to creating more than 600 high-quality jobs that will provide rewarding opportunities for the talented and skilled local workforce,” said Peter Zaffino, Chairman & Chief Executive Officer, AIG. “This investment is part of our commitment to continue to enhance our expertise to help our clients and partners navigate complex and emerging risks, while building additional capabilities for the future.”
The company will hire for various roles across underwriting, claims, operations, data engineering, and AI. Interested individuals can learn more about open roles and careers with AIG at http://www.aig.com/careers. For more information about AIG’s new Atlanta hub, visit http://www.aig.com/newsroom.
“Known for its highly regarded universities, hospitals, and healthcare industry, DeKalb County is renowned for fostering sustainable economic growth and prosperity,” said DeKalb County CEO Michael Thurmond. “Ranked as a top Fortune 100 company and recognized on Forbes’ first-ever list of America’s Best Employers for Tech Workers, we are delighted that AIG will bring additional business investment and employment opportunities to our county.”
“The quality of a company like AIG and the caliber of the employees that will call it home is a perfect fit for Brookhaven’s Perimeter Summit,” said Brookhaven Mayor John Park. “Job creation is extremely important in any economy, and we appreciate the leadership and collaboration of GDEcD and Decide DeKalb to bring AIG to Brookhaven.”
“AIG’s expansion is a testament to what we’ve been saying for years: this region was built for business,” said Katie Kirkpatrick, president and CEO of the Metro Atlanta Chamber. “The new Brookhaven location strengthens AIG’s presence in metro Atlanta and creates new jobs for Georgians as the company builds on its continued success.”
Assistant Director of Statewide Projects John Soper represented the Georgia Department of Economic Development (GDEcD) Global Commerce team on this project in partnership with Decide DeKalb, Georgia Power, the Metro Atlanta Chamber, and the University System of Georgia.
“For years, we lost some of our best and brightest talent to out-of-state opportunities. That’s no longer the case,” said GDEcD Commissioner Pat Wilson. “AIG’s office hub is a great example of the type of investment that will keep our well-educated, diverse talent engaged here at home after graduation.”
About American International Group, Inc. (AIG)
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit http://www.aig.com
Naples, FL, Oct. 23, 2024 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), a leader in the acquisition and management of music royalties, is issuing a correction regarding the financial performance of its recent sale of a 30-year royalty stream, which includes works by major artists such as Miley Cyrus, Elton John, Lil Nas X, and XXXTENTACION. The company initially reported a return on investment (ROI) of 106.04%. Upon recalculation, the correct ROI is 110.43%, following the receipt of additional royalty payments.
Music Licensing, Inc. has received royalty payments totaling $36,489 USD since acquiring the rights to these works on November 23, 2023, alongside $140,200 USD generated from the sale of the 30-year royalty stream. With an initial acquisition cost of $160,000 USD, the company’s recalculated ROI demonstrates even stronger financial performance from this strategic investment.
Works Included in the Transaction:
Miley Cyrus: “Unholy”
Elton John & Lil Nas X: “ONE OF ME”
Halsey: “clementine”
Halsey: “Honey”
Halsey: “Honey (John Cunningham Demo)”
Lauv: “I (Don’t) Have A Problem”
XXXTENTACION: “Kill My Vibe”
Lil Nas X: “LIFE AFTER SALEM”
Lil Wayne & XXXTENTACION: “School Shooters”
XXXTENTACION: “THE ONLY TIME I FEEL ALIVE”
347aidan: “what i think about”
Halsey: “wipe your tears”
Halsey: “Lilith”
Transaction Highlights:
Total Revenue from Sale: $140,200 USD from the sale of the 30-year royalty stream.
Royalties Already Received: $36,489 USD in royalty payments since acquisition.
Initial Investment: The company acquired the rights to these works for $160,000 USD on November 23, 2023.
Total ROI: Including both the royalty stream sale and royalties received, Music Licensing, Inc. has achieved a 110.43% ROI.
Benefits to Shareholders:
This transaction continues to demonstrate Music Licensing, Inc.’s ability to generate immediate returns while preserving future revenue potential. By monetizing a portion of future royalties, the company has not only realized significant returns but also retains ownership of these valuable assets for future revenue beyond the 30-year royalty stream. This strategic approach ensures that shareholders benefit from both short-term gains and long-term value creation.
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) formed in the United States. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of 7.4% in the United States, representing over 2,500,000 works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and countless others, as well as artificial intelligence (A.I.) created music.
Additionally, Music Licensing, Inc. (OTC: SONG) owns royalty stakes in Listerine “Mouthwash” Antiseptic and musical works by artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and numerous others.
Forward-Looking Statements:
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.
Non-Legal Advice Disclosure:
This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.
Non-Investment Advice Disclosure:
This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication.
Samsung R&D Institute India – Bangalore (SRI-B) has collaborated with Garden City University (GCU), Bangalore to set up a ‘Samsung Student Ecosystem for Engineered Data (SEED) Lab’, providing students and faculty an exciting opportunity to delve into the world of AI/ML and data engineering.
At the lab, students and faculty members of GCU will get hands-on experience through joint projects on emerging cutting-edge tech areas such as Natural Language Understanding, Speech and Text recognition and Machine Learning, with senior engineers at SRI-B.
Samsung has already launched four SEED labs – two each in Karnataka and in Tamil Nadu (VIT- Vellore & VIT- Chennai) earlier, engaging more than 400 students in AI and data-related projects.
“We’re at a time when technology is evolving faster than ever. We are collaborating with the local ecosystem where we strive to develop talent and upskill Indian engineers / linguists, to not only make them industry-ready, but also become the game changers of the future. Our strategic partnership with Garden City University will further advance our efforts and explore new opportunities in creating innovative products for India”, said Mohan Rao Goli, Chief Technology Officer, SRI-B.
The Lab at GCU plans to leverage the capabilities of Linguists in executing AI and Multi-lingual, data-centric projects by building an end-to-end pipeline for data, which includes Text/Speech Data generation in global languages, engineering (curation, labelling, and more), data management and archival.
“Collaboration with industries is crucial for universities to produce the workforce and innovators of the future. Our partnership with Samsung through the SEED (Student Ecosystem for Engineered Data) program aligns perfectly with the ethos of Garden City University. I am confident that this collaboration will greatly benefit our students while also strengthening Samsung’s industry-academia relationships. This marks a significant step forward for both parties”, shared Dr. Joseph V.G., Chancellor, Garden City University.
The SEED Lab, which is a collaborative initiative between SRI-B and GCU for 5 years, is spread across 1,500 sq ft. In its initial phase, the Lab has been equipped with state-of-the-art Infrastructure for the Students to collaborate with Samsung in generating datasets. The lab also has a robust backend infrastructure to store, process, and archive large volumes of data, and can accommodate about 30 people.
Source: The Conversation – Africa – By Christian Hamann, Researcher, Gauteng City-Region Observatory
The Gauteng City-Region, which has long been South Africa’s economic engine, is in decline. The region contributes about 35% of the country’s total economic output, and is home to more than 15 million people, about 25% of the country’s population of 62 million people.
Many in the province have come from far and wide hoping to “make it” in the land of opportunity. Yet both the media and the public raise critical questions about its future amid decaying infrastructure, poor delivery of basic government services, and a steady uptick in violent crime.
New research from the Gauteng City-Region Observatory (GCRO) reveals that development outcomes in the province are declining. The GCRO is an independent institute that produces research and analysis to inform decision making and policy in the Gauteng City-Region. It is a partnership between the Gauteng provincial government, the University of the Witwatersrand, the University of Johannesburg, and organised local government (Salga-Gauteng).
The GCRO constructs a multidimensional index of wellbeing that combines 33 variables into one measure, known as the Quality of Life Index, from survey data that has been collected every two to three years since 2009.
This includes measures of health, safety, life satisfaction, socio-economic status, public services, satisfaction with government, and social and political participation. The latest index (2023/24) shows that quality of life in Gauteng has fallen to its lowest level ever since the survey began in 2009. This suggests that the wellbeing of many households has been compromised by the complex and interconnected global challenges, known as the polycrisis, that have emerged since the COVID-19 pandemic.
The composition of the GCRO Quality of Life Index.GCRO Quality of Life 7 Survey (2023/24)
Many of these challenges are linked to the local governance crisis, characterised by unstable political party coalitions. The interaction of complex crises amplifies harmful effects, profoundly affecting quality of life.
A governance crisis emerged in South Africa in the wake of state capture, marked by a stark decline in the provision of quality public services. So, the government has struggled to shield citizens from the worst impacts of the polycrisis. Households face an acute convergence of global and local crises, reflected in health, economic instability, societal unrest, climate challenges, and rising safety concerns.
The research
The 7th Quality of Life Survey involved 13,795 adult residents of Gauteng. Respondents were randomly sampled in every ward of the province. Data was collected by a team of fieldworkers from 28 August 2023 to 16 April 2024. The data is made freely available, and is used by government, academics and civil society. The findings inform policy and strategic planning by government entities across the Gauteng City-Region.
The latest survey results paint a complex picture about the quality of life in Gauteng. Some of the most significant findings which relate to the challenges that household face, and the ways people respond to challenges, are highlighted below. The list of crises includes concerns about public service delivery, satisfaction with government, safety, poverty, and overall quality of life.
Unreliable service delivery
Basic services in Gauteng are characterised by interruptions to supply, inadequate coverage and quality problems. While most residents have access to water, electricity, sanitation and refuse removal, satisfaction with these levels has declined substantially since the previous survey in 2020/21.
The latest survey shows that only 61% of respondents were satisfied with their sanitation, only 60% perceived their water as always clean, and only 64% were satisfied with their refuse removal. These are all lower than in the past when satisfaction ranged between 70% and 75%. The impact, for example, is that those who do not have weekly refuse removal are more likely to dump their rubbish in public spaces or burn it – causing various environmental challenges.
Gauteng households use various resources at their disposal to deal with the impacts of unreliable services. For instance, one in seven households (15%) are now generating some or all their own electricity, compared to 4% in 2017/18. This is partly related to the unreliability of electricity provision, and growing efforts to gain independence from the “grid”. But the unreliability and cost of electricity have varied impacts, depending on household income.
Declining satisfaction with government
Only a fifth (21%) of respondents were satisfied with the performance of the national government. A similar proportion (22%) of respondents were satisfied with the performance of provincial and local governments. Satisfaction for all these spheres has declined by between 15 and 20 percentage points since 2017/18.
The effect of dissatisfaction with government is increasing disengagement. Just over half of respondents (54%) felt that politics was a waste of time, and 57% said that South Africa was a failed state. When the survey was conducted, before the 2024 provincial elections, 21% of respondents said they were not planning to vote. Thus, government dissatisfaction and disengagement helps to understand the low voter turnout during the elections.
Poverty
While poverty rates measured in 2023/24 have improved from their peak during the pandemic, the recovery is partial. Sixteen percent of respondents lived below the food poverty line of R760 per month (about US$43). This remains higher than pre-pandemic levels (it was 12% in 2017/18). It shows that a large portion of Gauteng’s households have struggled to meet their basic needs for a long time.
South Africa’s welfare systems remain a lifeline for many households. The proportion of respondents that benefited from any kind of social grant (including child support and old age pensions has increased steadily from 30% in 2011 to just over 50% in 2023/24.
Low-income households are also less likely to recover from shocks because they lack financial safety nets, and cannot afford to replace public services with costly private alternatives.
Safety concerns
Another kind of problem experienced by respondents is insecurity as a result of crime and violence. A fifth of respondents (21%) said that they had been the victim of crime in the last year. This was a two percentage point increase from 2020/21, when lockdowns reduced crime levels. The proportion of respondents who said that the crime situation had worsened was also higher (increasing from 43% in 2020/21 to 48% in 2023/24).
Much larger proportions of respondents felt unsafe in their homes, and when walking in their neighbourhood in the daytime or at night. For example, in 2023/24, 81% of respondents felt unsafe walking in their area at night, compared to 75% in 2020/21. The effect is that 62% of respondents in 2023/24 were dissatisfied with the security services provided by the government, compared to 54% in 2020/21.
Overall quality of life is lower
Overall, in the latest index quality of life reached its lowest point yet since the index was first calculated. The 2023/24 value was calculated at 59.5 out of 100, compared to 61.4 in 2020/21 and a high of 63.9 in 2017/18.
GCRO Quality of Life Index changes over time.GCRO Quality of Life 7 Survey (2023/24)
Most of the dimensions declined, suggesting that the wellbeing of many households has been adversely affected by the interplay between the governance crisis and the polycrisis. Households’ ability to navigate these challenges is strongly shaped by inequality, which remains very high.
The 2023/24 quality of life report shows that the Gauteng City-Region grapples with a series of wicked problems. Public and private sector leaders, along with civil society, need to assess the current situation and collaborate on innovative solutions to enhance the quality of life of all residents in the City-Region.
Shannon Arnold, a junior researcher at the Gauteng City-Region Observatory, contributed to the research and this article.
Source: People’s Republic of China – State Council News
KAZAN, Russia, Oct. 23 — Chinese President Xi Jinping on Wednesday called on BRICS countries to work for high quality development of greater BRICS cooperation.
In a speech addressing the 16th BRICS Summit, Xi said the ongoing BRICS summit has decided to invite a number of nations to become partner countries. He hailed the decision as another important development in the course of BRICS development.
Xi called on BRICS members to build the multilateral mechanism into a major venue of solidarity and cooperation for the Global South and a vanguard force for global governance reform.
He called on the BRICS members to build BRICS for peace and act as guardians of common security, urging the BRICS countries to uphold the three principles of no expansion of the battlefield, no escalation of fighting and no provocation by any party, to work for de-escalation of the Ukraine crisis as soon as possible.
Xi called on the BRICS members to build BRICS for innovation and act as pioneers for high-quality development.
He called on BRICS members to build green BRICS and be practitioners of sustainable development, noting that China is willing to leverage its own advantages to expand cooperation with BRICS countries in green industries, clean energy and green minerals.
Xi also called for building a BRICS for justice and leading the reform of the global governance system, calling on BRICS members to conform to the general trend of the rise of the Global South, and actively respond to the call of countries to join the BRICS cooperation mechanism.
The group should advance the process of expanding membership and establishing partner countries, and enhance the representation and voice of developing countries in global governance, said Xi.
Xi said the urgency of reforming the international financial architecture is becoming increasingly prominent in the current situation.
He also called for strengthening the New Development Bank and urged BRICS countries to take the lead in promoting a better alignment of the international financial system with the changing dynamics of the global economy.
Xi urged BRICS countries to advocate peaceful coexistence and harmony between civilizations.
China will establish 10 overseas learning centers in BRICS countries in the next five years to provide training opportunities for 1,000 education administrators, teachers and students, he said.
Source: The Conversation – UK – By Sam Carr, Reader in Education with Psychology and Centre for Death and Society, University of Bath
One of my (Sam’s) earliest memories is from 1980, when John Lennon was tragically assassinated. I vividly recall my mother’s reaction upon hearing the news – she put down the phone, overwhelmed with grief.
Her connection to Lennon, someone she’d never met, was deeply personal. This moment, even though I was only three years old, left a lasting impression and showed me how profound these attachments can be. For my mother, Lennon wasn’t just a famous figure. He represented a significant part of her life and emotions.
This collective mourning illustrates how deeply ingrained celebrities can become in our lives, not just as entertainers, but as symbols of our personal experiences and memories.
It was my first feeling of being in love, my first feeling of crushing on a boy, of being excited about boys. I kissed the posters every night. We all did. It felt like you were part of the best club in the world and it’s a huge part of why we bonded together.
This form of attachment is known as a parasocial relationship, an emotional connection formed with someone who is unaware of the bond. Unlike personal relationships, where both parties contribute to the connection, parasocial relationships allow fans to project idealised traits onto celebrities, unchallenged by reality.
In this way, celebrities often represent aspirational versions of ourselves or embody significant aspects of our identity. When they die, the emotional experience of grief is not just about the person, but about losing part of that imagined connection.
No one’s 20s and 30s look the same. You might be saving for a mortgage or just struggling to pay rent. You could be swiping dating apps, or trying to understand childcare. No matter your current challenges, our Quarter Life series has articles to share in the group chat, or just to remind you that you’re not alone.
The death of a beloved celebrity shatters something that feels deeply meaningful, and can leave you grappling with an emotional void. The loss is not just of a public figure, but of a personal connection that may have shaped your identity and sense of belonging.
This profound sense of grief is often also shared. Following Payne’s sudden death, fans have gathered worldwide, from the UK to the Philippines and Argentina, to sing and mourn at vigils for the star. A similar phenomenon was also observed in September, when Harry Potter fans raised wands at the Wizarding World of Harry Potter theme park in Orlando. They were paying tribute to Maggie Smith, who played the popular character Professor McGonagall in the Harry Potter films, following her death aged 89.
Collective grief is a common reaction when an influential figure dies. These shared acts of mourning are not only socially significant but also have the power to foster empathy, transforming collective pain and public emotion into meaningful memories of social solidarity and communal strength.
While fans will mourn their star regardless of age, there’s a stark contrast between the deaths of Smith and Payne. Smith’s passing is generally viewed as a “good” death, marking the end of “a true legend”, while Payne’s death at 31 is seen as “a bad, sad ending”. The way that we grieve celebrities is often connected to their age. When Black Panther star Chadwick Boseman died in 2020 aged 43, it shattered many fans’ sense of hope for the future.
For many Payne fans, the singer was their “first love”. Falling in love with celebrities, as psychoanalysts like Aldo Carotenuto have argued, elicits a projection of idealised fantasy that becomes interwoven with our vision of the future. This temporal aspect of fandom is rooted in our sense of narrative identity, through which we view life as a continuing book. The death of a young star can powerfully disrupt this plot and leave you grappling with an unresolved chapter in your own story.
One Direction fans often call themselves “directioners”. Losing a core member of the group has led some directioners to feel this identity is now threatened or altered. The disruption to your sense of identity following the death of a young celebrity that you grew up alongside can be profound. It signifies not only the loss of a cherished part of your past but also serves as a painful reminder of the passage of time and the fragility of life.
This reality can force you to confront your own mortality, highlighting the finite nature of existence. In times of collective mourning, people reflect on their own lives and aspirations while cherishing the memories and legacies of those they admired.
Moving forward without them
Despite the deep pain of grieving, fans often engage in what grief experts call “continuing bonds” – an effort to maintain a connection with the celebrity through memories, tributes or ongoing engagement with their work.
This bond helps to reestablish a sense of order, providing emotional continuity even in the face of loss. The bonds we form with celebrities are often more meaningful than they first appear. Sociologist Jackie Stacey has examined how memories tied to celebrities can profoundly shape and sustain a sense of meaning throughout our lives.
From a life course perspective, early experiences with a favourite star can become deeply embedded in your identity, acting as enduring sources of comfort, inspiration and self-expression.
Though his life has been cut short, the memories and inspiration Payne provided will continue to live on among his fans. As directioners gathered outside the Buenos Aires hotel where he passed away, they sang One Direction songs, including the poignant line: “This is not the end.”
The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
Source: The Conversation – UK – By Scott Williamson, Associate Professor, Department of Politics and International Relations, University of Oxford
Most people in most countries say they want to be governed democratically. Because democracy’s appeal is so powerful, governments and political leaders everywhere claim to be supporters of democracy.
Take China, for instance. The Chinese Communist Party (CCP) has ruled for decades under a single-party system, a system that contrasts sharply with traditional definitions of democracy. Democratic systems emphasise competitive elections for key leaders, strong protections for political rights and constraints on executive power.
Yet, ask members of the CCP and they will probably tell you that their governance is democratic because it responds to the preferences of the Chinese public. In their view, what makes a democracy is not elections, liberties and constraints. Rather, strong and unencumbered political leaders can govern well and give the people what they want.
How do people understand democracy? If people around the world hold dramatically different views of what democracy means – or even adhere to understandings of democracy that reflect a more authoritarian style of government – then democracy’s apparent global appeal may not mean very much in practice.
Researchers have long been interested in how people from different countries and backgrounds understand democracy. But it’s a complex issue and previous studies have found it difficult to determine what people really mean when they say they want to be governed democratically. In a new article published in Science, we use an experiment administered via surveys in Egypt, India, Italy, Japan, Thailand and the US to bring fresh evidence to this debate.
We presented survey respondents with paired profiles of hypothetical countries. These profiles randomised nine factors reflecting different theories of how people understand democracy. For instance, we presented respondents with information about the countries’ elections, varying whether they were free and fair, biased, or not held at all.
We also randomised whether political rights were protected or repressed, and whether the executive respected the powers of the legislature and courts or not. These three attributes reflect traditional concepts of democracy.
We also included attributes of the hypothetical countries that reflect alternative understandings of democracy. Some claim that democracy means a political system capable of producing substantial changes that benefit citizens broadly. So we varied whether economic equality in the country is higher or lower. We also adjusted whether social equality between genders is better or worse. And we randomised how much influence technocratic experts wield over policy decisions.
Others argue for a more authoritarian model of democracy in which unconstrained leaders give the people what they want in exchange for their obedience. To reflect this view, we gave information about how often the countries’ political leaders follow the majority’s preferences. We also varied whether people obey the government or not.
After reviewing the country profiles, respondents were asked to determine which hypothetical country was more democratic. Analysing which attributes influenced respondents’ choices more strongly gives us insights into how they understand what democracy means.
Reasons to be cheerful
Our results indicate that the traditional definition of democracy is widely accepted. Across the six diverse countries in our sample, respondents were much more likely to perceive countries as democratic when elections were free and fair and political rights were strongly protected.
This prioritisation of elections held across the board. People felt that way regardless of their individual characteristics such as gender, educational attainment, political ideology, age, minority status and attitudes toward geopolitics.
This finding implies some reasons to be optimistic about support for democracy. It suggests that when people say they want democratic governance, many mean competitive elections and protected liberties. This agreement is important. It makes it more likely that enough people will recognise – and potentially push back – against attempts by anti-democratic political leaders to subvert democratic governance.
Reasons for caution
But our findings also highlight points of caution. First, institutional checks and balances were less central to how our respondents understood democracy. This suggests that political leaders may be able to increase their grip on power more easily by undermining the influence of the legislature and courts.
And anti-democratic politicians can still claim to be democratic by deceptively arguing that they prioritise these elements of the political system, while actually undermining them. A prominent example is former US president Donald Trump. In 2020, Trump tried to overturn his election loss by falsely asserting it had been rigged against him.
Even in outright authoritarian countries, rulers often use controlled elections as “evidence” of their democratic character. In Egypt, for instance, the autocratic president Abdel Fatah al-Sisi declared after winning his rigged 2023 election that he would continue to build “a democratic state that protects its citizens”.
Many people may see through such claims, but autocrats can sometimes build support by using elections to present themselves as democrats – even when they are not free and fair.
While many people reject outright authoritarian notions of what democracy means, factors other than elections and liberties also influence their understanding of democratic governance. In our study, countries were often believed to be more democratic when they delivered good outcomes – for example, by providing higher gender or economic equality.
Gender equality was the only attribute in the experiment which came close to elections and liberties in its ability to shape perceptions of which countries were more democratic. Because gender equality is inherently desirable and is associated with democracy, some autocrats have successfully engaged in “genderwashing”. They’ve done this by (often nominally) reforming women’s rights to reduce pressure for more competitive elections and protected political rights.
Finally, just because people generally agree on what democracy means does not necessarily mean they will continue to support it. If democracies fail to perform effectively or represent their citizens well, people may be persuaded to accept more authoritarian models of governance.
The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
Even if we haven’t heard them for many years, familiar songs often stick with us for life. We can often recall every lyric to songs we learned as kids or albums we idolised as teenagers. But beyond music we’ve purposely chosen to listen to or learn, one type of music seems to stick with us without any effort: the jingle.
Jingles have a long history in the advertising industry. The first known radio jingle in the UK – Have You Tried Wheaties? – was launched in 1926. Jingles have since become a major feature of our everyday lives.
Recent market research found that several of the ten most recognisable jingles for UK adults dated back three or even four decades. While comparison site Go Compare topped the list, Mars’ “work, rest and play” jingle (axed in the mid-1990s) and even Shake ‘n’ Vac “put the freshness back” (1980) are still buzzing about in the heads of those polled.
So why do these songs stick with us? And what effect does this have on what we buy?
Jingles become memorable in different ways. Some advertisers use familiar songs, which are inherently easier to remember, in a new context. For instance, the Go Compare jingle uses the traditional song Over There and couples it with the comic visual element of an over-the-top opera singer. The “Just one Cornetto” campaign (launched in 1981) similarly takes a classical melody (O sole mio) and tweaks it to sell ice cream.
Other jingles make use of musical elements that make them likely to become “earworms” – those tunes that get stuck in our heads whether we like them or not. In research examining a large collection of pop music, my team found that songs that were likely to become earworms had upbeat tempos, often in the range that would make a person want to dance along. Many jingles, such as “Do the Shake ‘n’ Vac” and “I feel like Chicken Tonight” fit this pattern.
Indeed, other research has shown that when people either move or sing along to catchy songs, they are more likely to subsequently experience these songs as earworms. It has also been found that having an earworm for a song you have recently learned means you will remember that song better later on.
Lyrics can also play an important role in the memorability of a song or product. The alliterative lyrics of “Maybe it’s Maybelline” ensure that even a consumer who has never heard of this brand will easily recall its name the next time they are in the shop.
Links to other times in our life
It’s not just features of the music that give jingles such a stronghold in our memories. Music tends to be closely associated with the contexts in which we’ve heard it. That is, it often becomes closely entwined with autobiographical memories from our lives.
Hearing a jingle from our childhood can therefore bring back memories not just of hearing that song, but the living room we grew up in, and the feeling of sitting around the TV with family watching together. Jingles therefore can be a strong trigger of nostalgia.
Research has shown that the period when we are around ten to 25 years old tends to be remembered most vividly. Music cues are also best at tapping into memories of this period, which is known as the “reminiscence bump”.
In line with this, the same consumer research also revealed different recognition rates for jingles across age groups. For instance, for millennials, McDonalds’ “I’m lovin’ it” ranked number two in the top-recognised jingles list and “Maybe it’s Maybelline” came in at number five.
More than 40 years on, plenty of Brits will still be able to sing along.
Some brands also explicitly aim to merge this nostalgic element with staying on trend. Maybelline has recently reinvented its jingle, incorporating dance music elements to appeal to gen Z audiences while retaining features of the classic 1990s jingle that connects millennials to their youth.
So does writing a memorable jingle help to sell a product? In short, yes. Research that examined choices of two products from the same category (for example, cameras) showed that products coupled with a familiar tune were more likely to be chosen than those coupled with an unfamiliar tune.
However, liking the music also independently affected product choice. In particular, music that participants really disliked tended to put them off choosing a product even if the tune was familiar. This suggests that advertisers do need to carefully consider the musical preferences of their target market over and above simply writing catchy tunes.
Music has a strong hold on our memories. The same features that help us to learn the alphabet through music or transport us back to the first dance at our wedding also mean we are able to effortlessly recall which cleaning product promises that washing machines live longer.
Kelly Jakubowski consults for Maybelline (L’Oréal Groupe). She receives research funding from The Leverhulme Trust and AHRC.
Source: United Kingdom – Executive Government & Departments
Latest information and actions from the Education and Skills Funding Agency for academies, schools, colleges, local authorities and further education providers.
Source: State University of Management – Official website of the State –
On October 23, the Second Forum of Don Youth “Don Land – Your Future” was held at the State University of Management. It was organized by the ROO “Fellowship of Rostovites “Donskaya Stanitsa” in Moscow with the support of the State University of Management.
The forum was opened by the honorary chairman of the Zemlyachestvo, adviser to the mayor of Moscow, professor of the department of state and municipal management of the State University of Management Vladimir Zotov, who congratulated those gathered on the new meeting:
“You came here and gathered together – this is a holiday. We are all united by love for our small homeland. Special thanks to the State University of Management, which is hosting us within its walls for the second time. This is one of the best management universities in Russia. This year it turned 105 years old, it has a huge potential of scientific schools, a powerful base and a convenient campus. Today we will talk about the profession and education, share experiences, tell about our first steps and give advice.”
State Duma Deputy from Rostov Oblast Larisa Tutova addressed the audience with a welcoming speech:
“I understand that many people who come to Moscow see a career that is not connected to their native region. But I want us to think about our homeland even when we are here and perhaps return there. The authorities of the Rostov region do a lot for young people, provide favorable conditions to start a career, it is enough to remember the unique program “Mortgage for excellent students”, which operates in our native region. We are fellow countrymen, and we must help each other, wherever we are. Strength is in unity, and wealth is in diversity.”
Advisor to the rector’s office of the State University of Management, member of the Rostov community Sergei Chuev noted the importance of love for one’s native land.
“The State University of Management was chosen as the venue for our forum for a reason. There are employees from the Rostov Region here, many students, it was here that the Governor of the Rostov Region Vasily Golubev studied and it was here that he met his wife. Even now I have not become a Muscovite, I position myself as a Rostovite in Moscow. The State University of Management is ready to train and find future jobs in different regions of the country, and today the employers gathered here will show that there is life after the Moscow Ring Road,” shared Sergey Vladimirovich.
Also on stage were veterans of the community, the president of the Moscow regional branch of the International Police Association, police lieutenant general Ivan Sardak and the general director of MP Svyaz, Volgodonsk Telecom LLC in 1993-2011 Nikolai Sungurov, who shared their experience of professional activity and once again emphasized that “the small homeland is the most sacred thing.”
The meeting program continued with a plenary session entitled “Young Specialists – the Core of Regional Development” and a job and internship fair, where Rostov enterprises such as PJSC UAC, OJSC Pipe Metallurgical Company, JSC Doraerodorstroy, JSC Russian Helicopters, and PJSC KB Center-Invest were represented.
At the end of the meeting, the participants were presented with certificates and a group photo was taken.
Subscribe to the TG channel “Our GUU” Date of publication: 23.10.2024
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
During his first trip to the Eastern Flank of the Alliance since taking office, NATO Secretary General Mark Rutte met with Estonian President Alar Karis, Prime Minister Kristen Michal, Foreign Minister Margus Tsahkna, and visited Allied troops at Tapa Army Base.
After touring the military base with President Karis on Wednesday (October 23), the Secretary General thanked the personnel there – from Estonia and the UK, France and Iceland – for their service. “You are one of eight NATO battlegroups stretching from the Baltic to the Black Sea, backed by the full weight of NATO’s fighting forces in all domains. Land, air, sea, space and cyberspace. Every hour of your vigilance reinforces our collective defence,” he said.
On Tuesday (October 22), during meetings with President Karis and Prime Minister Michal, the Secretary General praised Estonia for its significant investments in defence and its support for Ukraine.
“By spending over 3% of your GDP on defence, Estonia is truly leading by example. And I know you intend to invest even more in our shared security in the coming years,” he said. Mr Rutte added that all Allies need to invest more “in order to meet our capability targets.”
Estonia is among Ukraine’s strongest supporters, having provided over 500 million euros of military aid since 2022.
“Today we discussed how to bolster our support for Ukraine, now, through the difficult winter ahead, and also for the long-term,” said the Secretary General. He emphasised that Allies are working hard to deliver on the commitments made at the Washington Summit in July, “including a new command to coordinate security assistance and training for Ukraine, and our financial pledge of at least 40 billion euros in 2024.”
During his visit, the Secretary General also met with students from Tallinn University and paid his respects at the Memorial of the Victims of Communism.
Since joining NATO in 2004, Estonia has made significant contributions to the collective defence of the Alliance. It hosts NATO’s UK-led multinational battlegroup in Tapa, NATO’s Baltic Air Policing at Ämari Air Base, a new regional hub for NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA), and NATO’s Cooperative Cyber Defence Centre of Excellence in Tallinn.
The challenge asked participants to use LLM and other machine learning algorithms to create an AI assistant that would help student programmers and developers solve Python problems by understanding where an error was made in their code and offering step-by-step explanations and recommendations for fixing it without explicitly providing the corrected code.
The competition lasted seven days, five of which were held online on the DS Works platform from the cloud technology provider Cloud.ru. The opening and final days were held in the HSE building on Pokrovsky Boulevard.
16 teams that were among the top ranking teams based on the quantitative metrics obtained for their solution were allowed to defend their projects.
The victory was won by the team “MISIS Computer” from the University of Science and Technology MISIS. The second place was taken by the team MMG from the Financial University under the Government of the Russian Federation. The bronze was won by the team Selling Pandas, consisting of first-year students of the program“Applied Mathematics and Computer Science” HSE Faculty of Computer Science. The winners received cash prizes of 250,000, 200,000 and 150,000 rubles, respectively.
Vice-Rector of the National Research University Higher School of Economics Sergey Roshchin and Head of the Center for Artificial Intelligence Alexey Masyutin awarded the winners and shared their opinions on the hackathon.
Sergey Roshchin
— The Higher School of Economics is developing in order to respond to the challenges that occur in technology, business processes and various spheres of human life. The big digital world is a new reality in which we must learn to live and interact with artificial intelligence technologies. That is why we are actively building education so that absolutely all of our students, regardless of their field of study, master digital competencies. The Higher School of Economics is a recognized leader in training personnel in the field of AI. But we are going further and setting ourselves more ambitious goals, including automating routine tasks related to the development of AI technologies. We chose the hackathon format because it allows students to test and prove themselves by solving important and new problems. The competition participants spent a whole week developing a solution, and during this time, I am sure, they managed not only to find a worthy solution, but also to gain experience and develop their human capital. And the results obtained are a contribution to our digital future.
This time we managed to hold a real hackathon, when there is no pre-defined pipeline on how to get a solution.
Participants had the opportunity to adapt language models to help the student step-by-step understand the problem while writing code, rather than simply providing a ready-made solution.
Based on the results of the defenses, variants were proposed with enrichment with synthetic data, and with advanced aroma engineering, and with RAG approaches, and even with additional LLM training. This exceeded our expectations.
We intend to use the best solutions for implementation in HSE Smart LMS and provide an AI assistant for both students and teachers when learning Python.
The teams that won prizes also shared their impressions.
First place – the team “MISIS Computer”
— The hackathon was really cool, our team has a lot of experience participating in hackathons, and we know firsthand what a quality organization is. This hackathon had a really great organization, a good leaderboard, clear metrics and, most importantly, active organizers and experts who promptly answered questions and were in touch. Special thanks to Maxim — for his openness and cool expertise on the task. The results of the hackathon will not pass by HSE, the organizers are going to implement the best solutions in the university systems. Thanks to the organizers, experts and participants for such an interesting competition! We will be back!
Second place – MMG team
— Our team took part in the hackathon with great pleasure. We were especially pleased that it was technical and research-based, without a business component, and that the task was very relevant and in demand. Despite the fact that for most of us such a deep dive into working with LLM was the first time, we successfully coped with it, mastered new technologies and gained valuable experience.
It was an honor for us to represent the Financial University at this event. We would like to express special gratitude to the organizers for their constant support. They quickly resolved any difficulties that arose and were always in touch, which created comfortable conditions for work. We are glad that we were able to take part in this hackathon and take such a high place!
Third place – Selling Pandas team
— This was our first hackathon, which essentially consisted entirely of using fine-tuning LLMs (large language models). It was not easy, but it is precisely such competitions that bring the most pleasure, when you need to create a solution in a limited time in a practically new area for you.
By the end of the hackathon, we didn’t even want it to end, as there were still ideas that we hadn’t managed to implement. We were also very pleased with the organization of the hackathon: they always provided clear information and promptly answered all questions. We are very happy that we managed to take the prize place.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Bakersfield, CA, Oct. 23, 2024 (GLOBE NEWSWIRE) — Trio Petroleum Corp. (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, is pleased to announce the appointment of James Blake to its Board of Directors. James brings with him 30 years of experience in the financial industry and holds a Bachelor of Commerce degree from the University of Alberta. He is also a Chartered Financial Analyst (CFA), with a distinguished career, having recently retired from a major Canadian bank where he managed over $750 million in assets as a portfolio manager. His expertise in financial markets, investment strategies, and risk management will be an invaluable asset to Trio Petroleum.
In addition to his extensive financial experience, James has been deeply involved in the startup ecosystem, both as an investor and in raising capital for early-stage companies across various sectors. His capacity to identify high-potential ventures, coupled with his financial acumen, equips him with a diverse perspective that will benefit Trio as the company looks to strengthen its position in the energy market.
“James Blake’s wealth of knowledge in financial management and his entrepreneurial insights align perfectly with Trio’s strategic goals for growth and innovation,” said Robin Ross, Chairman of the Board and CEO of Trio Petroleum Corp. “His leadership and experience will be instrumental in supporting our drive for sustainable growth, operational efficiency, and long-term shareholder value. We are excited to welcome James to our board.”
With his forward-thinking approach and a strong track record in both traditional finance and the startup space, James Blake’s appointment strengthens Trio Petroleum’s commitment to corporate governance, strategic direction, and the creation of sustainable value for its investors.
About Trio Petroleum Corp.
Trio Petroleum Corp. is an oil and gas exploration and development company headquartered in Bakersfield, California, with operations in Monterey County, California, and Uintah County, Utah. In Monterey County, Trio owns an 85.75% working interest in 9,245 acres at the Presidents and Humpback oilfields in the South Salinas Project, and a 21.92% working interest in 800 acres in the McCool Ranch Field. In Uintah County, Trio owns a 2.25% working interest in 960 acres and options to acquire up to a 20% working interest in the 960 acres, in an adjacent 1,920 acres, and in the greater 30,000 acres of the Asphalt Ridge Project.
All statements in this press release of Trio Petroleum Corp. (“Trio”) and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, when used in the preceding discussion, the words “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this press release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the Trio’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors section of Trio’s Annual Report on Form 10-K and Amendment No. 1 thereto, both filed with the Securities and Exchange Commission (SEC). Copies are of such documents are available on the SEC’s website, http://www.sec.gov. Trio undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.
Tampa, FL, Oct. 23, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, is pleased to announce the promotion of Ryan Duran from Vice President of Operations to President of its digital mining subsidiary, US Digital Mining and Hosting Co LLC.
Bruce Rodgers, Chairman and CEO of LM Funding, stated, “As we continue to focus and expand our Bitcoin mining operations, it is clear that strong, dedicated leadership is essential to drive our hosting and mining infrastructure. With his expertise and leadership skills, Ryan Duren is the perfect choice to accelerate our growth in the Bitcoin mining business.”
With this promotion, Ryan Duran will play a pivotal role in shaping the strategic direction and enhancing the operational efficiency of the Company’s mining operations, ensuring that LM Funding remains at the forefront of the rapidly evolving cryptocurrency industry.
Mr. Duran has worked with the Company since 2008 and has developed broad operational experience in the digital mining and hosting area and the specialty finance operations of the business. Mr. Duran has a Bachelor of Science in Real Estate and Finance from Florida State University.
About LM Funding America LM Funding America, Inc. (Nasdaq: LMFA), together with its subsidiaries, is a cryptocurrency mining business that commenced Bitcoin mining operations in September 2022. The Company also operates a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois, by funding a certain portion of the Associations’ rights to delinquent accounts that are selected by the Associations arising from unpaid Association assessments.
Forward-Looking Statements This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at http://www.sec.gov. These risks and uncertainties include, without limitation, uncertainty created by the risks of entering into and operating in the cryptocurrency mining business, uncertainty in the cryptocurrency mining business in general, problems with hosting vendors in the mining business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, the ability to finance and grow our cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the potential need for additional capital in the future, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.
The Gauteng City-Region, which has long been South Africa’s economic engine, is in decline. The region contributes about 35% of the country’s total economic output, and is home to more than 15 million people, about 25% of the country’s population of 62 million people.
Many in the province have come from far and wide hoping to “make it” in the land of opportunity. Yet both the media and the public raise critical questions about its future amid decaying infrastructure, poor delivery of basic government services, and a steady uptick in violent crime.
New research from the Gauteng City-Region Observatory (GCRO) reveals that development outcomes in the province are declining. The GCRO is an independent institute that produces research and analysis to inform decision making and policy in the Gauteng City-Region. It is a partnership between the Gauteng provincial government, the University of the Witwatersrand, the University of Johannesburg, and organised local government (Salga-Gauteng).
The GCRO constructs a multidimensional index of wellbeing that combines 33 variables into one measure, known as the Quality of Life Index, from survey data that has been collected every two to three years since 2009.
This includes measures of health, safety, life satisfaction, socio-economic status, public services, satisfaction with government, and social and political participation. The latest index (2023/24) shows that quality of life in Gauteng has fallen to its lowest level ever since the survey began in 2009. This suggests that the wellbeing of many households has been compromised by the complex and interconnected global challenges, known as the polycrisis, that have emerged since the COVID-19 pandemic.
Many of these challenges are linked to the local governance crisis, characterised by unstable political party coalitions. The interaction of complex crises amplifies harmful effects, profoundly affecting quality of life.
A governance crisis emerged in South Africa in the wake of state capture, marked by a stark decline in the provision of quality public services. So, the government has struggled to shield citizens from the worst impacts of the polycrisis. Households face an acute convergence of global and local crises, reflected in health, economic instability, societal unrest, climate challenges, and rising safety concerns.
The research
The 7th Quality of Life Survey involved 13,795 adult residents of Gauteng. Respondents were randomly sampled in every ward of the province. Data was collected by a team of fieldworkers from 28 August 2023 to 16 April 2024. The data is made freely available, and is used by government, academics and civil society. The findings inform policy and strategic planning by government entities across the Gauteng City-Region.
The latest survey results paint a complex picture about the quality of life in Gauteng. Some of the most significant findings which relate to the challenges that household face, and the ways people respond to challenges, are highlighted below. The list of crises includes concerns about public service delivery, satisfaction with government, safety, poverty, and overall quality of life.
Unreliable service delivery
Basic services in Gauteng are characterised by interruptions to supply, inadequate coverage and quality problems. While most residents have access to water, electricity, sanitation and refuse removal, satisfaction with these levels has declined substantially since the previous survey in 2020/21.
The latest survey shows that only 61% of respondents were satisfied with their sanitation, only 60% perceived their water as always clean, and only 64% were satisfied with their refuse removal. These are all lower than in the past when satisfaction ranged between 70% and 75%. The impact, for example, is that those who do not have weekly refuse removal are more likely to dump their rubbish in public spaces or burn it – causing various environmental challenges.
Gauteng households use various resources at their disposal to deal with the impacts of unreliable services. For instance, one in seven households (15%) are now generating some or all their own electricity, compared to 4% in 2017/18. This is partly related to the unreliability of electricity provision, and growing efforts to gain independence from the “grid”. But the unreliability and cost of electricity have varied impacts, depending on household income.
Declining satisfaction with government
Only a fifth (21%) of respondents were satisfied with the performance of the national government. A similar proportion (22%) of respondents were satisfied with the performance of provincial and local governments. Satisfaction for all these spheres has declined by between 15 and 20 percentage points since 2017/18.
The effect of dissatisfaction with government is increasing disengagement. Just over half of respondents (54%) felt that politics was a waste of time, and 57% said that South Africa was a failed state. When the survey was conducted, before the 2024 provincial elections, 21% of respondents said they were not planning to vote. Thus, government dissatisfaction and disengagement helps to understand the low voter turnout during the elections.
Poverty
While poverty rates measured in 2023/24 have improved from their peak during the pandemic, the recovery is partial. Sixteen percent of respondents lived below the food poverty line of R760 per month (about US$43). This remains higher than pre-pandemic levels (it was 12% in 2017/18). It shows that a large portion of Gauteng’s households have struggled to meet their basic needs for a long time.
South Africa’s welfare systems remain a lifeline for many households. The proportion of respondents that benefited from any kind of social grant (including child support and old age pensions has increased steadily from 30% in 2011 to just over 50% in 2023/24.
Low-income households are also less likely to recover from shocks because they lack financial safety nets, and cannot afford to replace public services with costly private alternatives.
Safety concerns
Another kind of problem experienced by respondents is insecurity as a result of crime and violence. A fifth of respondents (21%) said that they had been the victim of crime in the last year. This was a two percentage point increase from 2020/21, when lockdowns reduced crime levels. The proportion of respondents who said that the crime situation had worsened was also higher (increasing from 43% in 2020/21 to 48% in 2023/24).
Much larger proportions of respondents felt unsafe in their homes, and when walking in their neighbourhood in the daytime or at night. For example, in 2023/24, 81% of respondents felt unsafe walking in their area at night, compared to 75% in 2020/21. The effect is that 62% of respondents in 2023/24 were dissatisfied with the security services provided by the government, compared to 54% in 2020/21.
Overall quality of life is lower
Overall, in the latest index quality of life reached its lowest point yet since the index was first calculated. The 2023/24 value was calculated at 59.5 out of 100, compared to 61.4 in 2020/21 and a high of 63.9 in 2017/18.
Most of the dimensions declined, suggesting that the wellbeing of many households has been adversely affected by the interplay between the governance crisis and the polycrisis. Households’ ability to navigate these challenges is strongly shaped by inequality, which remains very high.
The 2023/24 quality of life report shows that the Gauteng City-Region grapples with a series of wicked problems. Public and private sector leaders, along with civil society, need to assess the current situation and collaborate on innovative solutions to enhance the quality of life of all residents in the City-Region.
Shannon Arnold, a junior researcher at the Gauteng City-Region Observatory, contributed to the research and this article.
Christian Hamann is employed by the Gauteng CIty-Region Observatory which receives funding from the Gauteng Provincial Government.
Rashid Seedat is employed by the Gauteng CIty-Region Observatory which receives funding from the Gauteng Provincial Government. He is also a Board member of the Ahmed Kathrada Foundation.
Headline: Rosneft Builds a New Educational Centre in Bashkiria
With the support of Bashneft (a subsidiary of Rosneft), a new multifunctional educational centre was opened in the village of Elan-Chishma in the Ermekeyevsky District of the Republic of Bashkortostan. The 2,000 square metre school was built under the cooperation agreement between Rosneft and the region.
Rosneft implements social projects aimed at creating favourable living conditions in the regions where it operates. This includes supporting initiatives in the field of education and upbringing of the younger generation.
The multifunctional educational centre was built on the site of an old rural school that was constructed 70 years ago. It was housed in five wooden rooms, which significantly complicated the learning process and created everyday difficulties for schoolchildren.
The building accommodates three institutions at once: a kindergarten, a comprehensive school and an art school. The centre has spacious classrooms, a workshop, a large library, a canteen, and a multifunctional gym that can be easily transformed into an assembly hall.
The new educational centre has become a real attraction spot for people of all ages of Yelan-Chishma village and other nearby settlements, where about 2 thousand people live. The centre is fully autonomous: it has its own modular boiler house and substation transformer. In addition, the surrounding territory has been landscaped – children’s and sports grounds have been equipped, gazebos have been installed, shrubs and large trees have been planted.
In total, more than 40 projects on construction and reconstruction of educational institutions have been implemented over the last 5 years within the framework of the Cooperation Agreement between Bashkortostan and Rosneft. These include the construction of a 300-seat polylingual boarding school in Neftekamsk, kindergartens in the village of Kushnarenkovo, Kushnarenkovsky district, and in the village of Stary Kurdym, Tatyshlinsky district, an educational building in the children’s health camp ‘Orlyonok’ in Ilishevsky district, a school in the village of Raevsky, Alsheyevsky district, and a major overhaul of the Ufa forestry school, the oldest secondary specialised educational institution in the capital of Bashkortostan.
Reference:
Bashneft is one of the oldest oil and gas enterprises in the country engaged in oil extraction and processing. Bashneft’s main production facilities are located in the Republic of Bashkortostan. Oil and gas exploration and production are also carried out in Khanty-Mansi Autonomous Area–Yugra, Nenets Autonomous Area, Orenburg Region and the Republic of Tatarstan.
Is blood thicker than water? Should family always come first?
These clichés about the importance of family abound, despite the recognition that familial relations are oftentimes hard, if not downright dysfunctional.
But over the past few years, a discussion has emerged about a somewhat taboo move: cutting ties altogether with family members deemed “toxic.”
Called going “no contact,” this form of estrangement usually involves adult children cutting ties with their parents. It might happen after years of abuse or when a parent disapproves of a child who has come out as LGBTQ+. Or it might be spurred by political or religious differences. Even Vice President Kamala Harris has been mostly estranged from her father since her parents’ divorce.
Those in favor say people should disentangle from unhealthy relationships without shame, and that family should be held to the same standards as friends and romantic partners.
Those against say the bar for what constitutes familial trauma has become too low, and that some kids who cut off all contact are being selfish.
At the heart of the debate over the ethics of estrangement is a cultural attachment to the idea of family. The field of family estrangement is still in its early stages, but discussions of the collapsed parent-child relationship – its sources, its ethics, its consequences – can be found in literature across history. As I’ve encountered more articles, forums and social media posts devoted to family estrangement, I can’t help but see connections to Shakespeare’s “King Lear,” which I teach to my students as a tragedy about dysfunctional families.
The tragedy features characters who are cast out by their families, and while the work is over 400 years old, it offers uncanny insight into the logic of modern family estrangement.
Early modern family
In Shakespeare’s time – the English early modern era, which spanned from the beginning of the 16th century to the start of the 18th century – Protestantism reinforced the idea that people had special obligations to their kin.
As the English Puritan preacher John Foxe wrote in “The Book of Martyrs,” “Among all the affections of nature, there is none that is so deeply graved in a father’s mind, as the love and tender affection towards his children.”
In Foxe’s teaching, children were blessings from God who required nurturing, spiritual guidance and material support from their parents. Children, in turn, were obliged to honor and obey their parents who cared for them.
While this sounds simple enough, the early modern family was no less prone to dysfunction than the modern family.
Just like today, parent-child relationships were dynamic and evolved across the life span of the parents. As historian Ilana Krausman Ben-Amos argues, the family bond was not sustained by adhering to God’s commands, but through giving and reciprocation that was asymmetrical.
Parents could invest a lot into their children and get very little in return, and vice versa. Due to shorter life expectancy, many parents did not live to see their children come of age, and if they did, children rarely earned enough to pay their parents back for the cost of raising them. Thus, children might reciprocate in less material forms, such as through offering affection.
When a parent died, the children might receive some form of inheritance, but this was largely determined by class status, gender and the order of birth.
Shakespeare’s characters go ‘no contact’
“King Lear” features two storylines. Each relates to the disintegration of the family.
The first plot involves Gloucester and his two sons, Edgar and Edmund. Edmund is a bastard, which means when Gloucester dies, his legitimate brother, Edgar, will inherit everything. To get his revenge, Edmund forges a letter in which Edgar reveals plans to murder Gloucester to expedite his inheritance. Once Gloucester sees the letter, he writes Edgar off as a villain. Feeling betrayed, Edgar assumes a new identity as a beggar and goes no-contact with his family.
In the second plot, King Lear attempts to divide his kingdom among his daughters. Because it is impossible to equally divvy up cities, towns and villages, he invents a contest: Each daughter will give a speech articulating their love for their father. He’ll award the best parts of the kingdom to the daughter who does the finest job stroking his ego.
Lear expects Cordelia, his favorite, to outshine her sisters. But she refuses to play along and instead calls him out for his vanity. Feeling disrespected, Lear disinherits Cordelia. With no money, she’s forced to marry the first man who will take her and moves to France.
In these family dramas, the parents are unfair, even vindictive, toward their children. But the conflict is still compelling and relatable to readers today because so many families are characterized by inequality.
Deception inspires Gloucester’s disavowal and disinheritance of Edgar. And, yes, Edmund’s scheme to destroy Edgar and Gloucester’s relationship is diabolical. But at the same time, Gloucester’s decision to throw away his decades-long relationship with his son over a letter – phony or not – seems rash.
Was Edgar right to flee from his father? Or could something have been done to save the relationship?
Cordelia is correct that Lear is vain for expecting his daughters to compete for their inheritance. At the same time, complimenting her father seems like a small price to pay for an entire kingdom.
Is Cordelia acting like a spoiled brat by refusing to honor and obey her father? Or is she doing him a favor by calling out his unbecoming behavior?
Shakespeare doesn’t offer us any clear answers to these questions; he just asks readers to wade in the complexity of them and experience the unique grief that comes from watching a family fall apart over something that maybe could have been avoided.
No envy for the estranged
No one gets a happy ending in “King Lear” – not the children who reject their parents, and most certainly not the parents, who need their children to protect them and care for them in old age.
Edmund’s grief over his bastard status begets the grief he brings to Gloucester and Edgar. For failing to see the truth of Edgar’s innocence, Gloucester is physically blinded by one of Edmund’s unwitting co-conspirators, a punishment he accepts. When Edgar reunites with Gloucester, his eyes fill with tears as he witnesses his father’s physical suffering. Before Gloucester dies, Edgar asks his father for a blessing.
Even though Lear cut off contact with Cordelia, she still returns to England once she learns her sisters have thrown Lear out onto the streets with nothing but the clothes on his back. The sisters come off as villains, but one could also see their abandoning Lear as karmic retribution. When Lear reunites with Cordelia, he begs for her forgiveness, suggesting he recognizes his failures, and she begs for his, recognizing her enduring love for him despite his faults.
Then and now, family estrangement often leads to loneliness, along with social stigma.
Parents can be ashamed to say their children no longer speak to them. People who are estranged from their parents speak of the impulse to share milestones with family, but fear eroding the boundaries they’ve worked so hard to maintain.
Just like in “King Lear,” not having a family also means being economically vulnerable: It remains difficult to get a loan or lease as a young adult without a co-signer.
The advantages of belonging to a family are so obvious that losing that affiliation, intentionally or not, is tragic. “King Lear” ends with almost all the characters dying, but because this is a play – a fiction, a fantasy – they get to ask for and receive forgiveness before the curtain closes.
Real life doesn’t usually work like that, nor should it be expected to. If “King Lear” and Kamala Harris’ estrangement from her father make anything clear, it is that no amount of money, power or threat of bad publicity can fully protect a family from dysfunction and disintegration.
Jeanette Tran does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
“Growing up, I knew I wanted more,” Segarra recalled. “Where I come from, people don’t usually make it out. The Navy was my way out and my way forward, and joining was a decision that truly saved my life.”
As he approaches 10 years of Navy service, Segarra is the Systems Administration Course supervisor and leading petty officer at Information Warfare Training Command (IWTC) San Diego, a position that allows him to mentor young Sailors who might come from similar backgrounds. He also dedicates his free time to being an active father to his daughter and providing her with a caring childhood.
Turning a New Page with NETC
Segarra’s story is a testament to how Naval Education and Training Command (NETC) has the power to set Sailors on a new course. Through NETC’s robust training programs, Sailors like Segarra receive not only technical skills but also the discipline and support they need to change their lives. For Segarra, his first encounter with NETC came during boot camp at Recruit Training Command (RTC), an experience that he describes as transformative.
“Boot camp was the first time in my life that I experienced real silence,” he said. “Coming from a neighborhood where sirens and gunshots were constant, it was powerful to be in a place where I could focus and grow. That’s when I realized I was becoming part of something bigger than myself.”
From RTC, Segarra moved on to Information Technician “A” School, where he faced the challenge of intense coursework. He credits his instructor, Chief Information Systems Technician Kelley Torranto, for believing in him and pushing him to succeed.
“Chief Torranto was the first person outside of my uncle who truly believed in me,” he reflected. “She kept pushing me, even when I felt like giving up. I still have the challenge coin she gave me after I graduated—it reminds me every day of what I’ve overcome.”
A Career Defined by Service and Mentorship
Since those early days, Segarra’s career has been marked by rapid advancement and recognition. He served at the Naval Communications Security Material System in Washington, D.C., where he quickly advanced in rank, and earned titles like Bluejacket of the Year and Junior Sailor of the Year. Later, while serving aboard littoral combat ships, Segarra deployed on pioneering missions, including counter-drug operations in the U.S. 4th Fleet area of responsibility.
Now, as an instructor at IWTC San Diego, Segarra focuses on preparing the next generation of Navy information warriors. He shares his background with new Sailors, especially those from difficult upbringings, offering hope and encouragement as someone who understands their challenges.
“I’ve been where they are, and I know what it’s like to think there’s no way out,” he said. “My goal is to help them see what’s possible with hard work and commitment.”
The Impact of NETC Training
Segarra’s story highlights the strengths of NETC’s training programs, which combine technical instruction with personal mentorship to create well-rounded, fleet-ready Sailors. He emphasizes that NETC’s focus on real-world skills and fleet-relevant training helps Sailors gain confidence and expertise.
“NETC isn’t just about teaching us the basics,” he explained. “It’s about setting us up for success, both on and off the ship. The Navy has given me stability, purpose and the ability to give my daughter a life I never had. For me, that’s worth everything.”
Looking Ahead
As he continues his Navy career, Segarra remains deeply grateful for the opportunities and experiences that have shaped his journey. He looks forward to furthering his career in the Navy and using the skills and values he has gained to inspire others.
“My peers sometimes joke about how motivated I am, but they don’t realize how much I feel indebted to the Navy for giving me this second chance,” Segarra said. “Thanks to the Navy, I can be the dad I always wanted to be, and I can provide a better future for my family. That’s something I never take for granted.”
Conclusion
Segarra’s story is a powerful reminder of how the Navy and NETC’s training programs can transform lives. From the streets of Philadelphia to his current role at IWTC San Diego, Segarra’s journey is a testament to resilience, dedication and the life-changing impact of military service. Through his continued work, he helps shape the next generation of Sailors, showing them that, with hard work and determination, they too can achieve their dreams.
For more information on how NETC prepares Sailors for success in the fleet, visit https://www.netc.navy.mil/.
Source: United Kingdom – Executive Government & Departments
Voices of struggling families, anti-poverty organisations and local leaders will be put at the centre of the Child Poverty Taskforce’s work to build an ambitious strategy to give all children the best start in life, ministers have pledged in a new framework published today [Wednesday 23 October].
Child Poverty Taskforce co-chairs Liz Kendall and Bridget Phillipson speak to parents and Barnardo’s CEO at a charity centre in Brent
Comes as new framework sets out how Child Poverty Taskforce will build a bold strategy to break down barriers to opportunity and give all children the best start in life
Ministers to host events and travel across the United Kingdom to hear views and experiences of local leaders, charities and those living in poverty
The Taskforce today publishes a framework for the strategy that will come out in the Spring.
Over the coming months the Taskforce will focus on reducing the number of children in relative poverty after housing costs, reducing the number of children who are going without essentials, and giving all children the best start in life.
The publication outlines how the Taskforce will work with key anti-poverty organisations around targets such as reducing costs, increasing incomes and improving access to early year’s support for struggling families.
Work and Pensions Secretary Liz Kendall MP and Education Secretary Bridget Phillipson MP kicked off this engagement by visiting a Barnardo’s Family Centre in Brent alongside Barnardo’s CEO Lynn Perry MBE. They joined a children’s session focused on healthy eating and heard how parents – including single parents – are struggling with the cost of essentials.
Later today, ministers will meet with the likes of Ofgem, The Food Foundation, Water UK and other leading organisations on the theme of reducing household costs.
The new document sets out how ministers will take part in events across the nations and regions of the United Kingdom, bringing together a diverse range of voices and expertise to address the systemic drivers of poverty – ranging from employment to housing – as it creates an ambitious strategy to be set out in the Spring.
Taskforce co-chair and Work and Pensions Secretary Liz Kendall MP will visit Scotland next month to bring together local leaders, key charities and organisations as well as parents, children and frontline workers.
Work and Pensions Secretary Liz Kendall MP said:
Children can’t fulfil their potential without food in their bellies or a roof over their head. And Britain cannot fulfil its potential when the talents of so many children are being denied.
It is unacceptable that more than 4m children are now growing up in poverty. Under our new government, this will change.
We will work with campaigners and experts – and struggling families across the country to deliver a bold and ambitious strategy that drives down poverty and drives up opportunity in every corner of the land.
Education Secretary Bridget Phillipson MP said:
The stain of poverty of child poverty in this country has jeopardised the life chances of too many children for too long.
Ending child poverty is a complex and difficult task, but our defining mission is to break down the unfair link between background and success – so every child believes that opportunity can belong to them.
Today’s framework sets the clear direction on this mission, ensuring we are united across government and with stakeholders to drive down household costs.
A new forum of parents and carers living across the UK will be set up to ensure the experiences of children in poverty, including those with special educational needs and disabilities, feed into the final strategy.
Leading organisations such as Barnardo’s, Citizens Advice, the National Children’s Bureau and Save the Children will share their knowledge with Ministers, and a new board of leading academics and experts on tackling poverty will inform, test and scrutinise the work being done on the Strategy.
Barnardo’s Chief Executive, Lynn Perry MBE, said:
We are seeing epidemic levels of poverty amongst children in the UK. Across the country, families are facing a desperate struggle to put food on the table, keep the lights on and heat their homes this winter. More than 4.3 million children are growing up in poverty, with one in four families saying they’ve struggled to afford food in the last 12 months alone.
Growing up in poverty can have a devastating impact on a child’s life, affecting their learning, mental and physical health long into adulthood, while limiting their life chances.
We’re grateful to the Secretaries of State for Work and Pensions and Education for their visit to meet children and families at our Brent service which supports those struggling with the cost-of-living. We look forward to working with ministers to find long-term solutions to these issues whilst recognising families also need immediate help this winter.
Dame Clare Moriarty, Chief Executive at Citizens Advice, said:
The cost-of-living crisis has squeezed household finances and tipped many into significant hardship. Our frontline advisors are still seeing families doing all they can but unable to afford essentials for their children.
A clear strategy to combat child poverty is urgently needed. It must be ambitious and ensure that people facing acute pressures get the help they need soon, while also delivering change that will last.
Anna Feuchtwang, Chief Executive of the National Children’s Bureau, said:
4.3 million children living in poverty in the UK is an unacceptable blight on our society and children deserve better.
NCB welcomes the Government’s commitment to consulting with a broad range of stakeholders to understand how to make this happen. It is crucial that the voices of children and families with lived experience of poverty are central not just to the development of the strategy, but to implementing it as well.
We desperately need to see progress for children in this area – asking the right questions is a good start.
Dan Paskins, Executive Director of Policy, Advocacy and Campaigns at Save the Children UK, said:
For too long child poverty has been shamefully high, so we welcome the recognition from the UK Government today that tackling it is a moral imperative.
The root causes of poverty are complex and can only be solved by listening to and working with those most affected. We are therefore really pleased to be working with the UK Government to facilitate the Child Poverty Taskforce hearing directly from children, their families, and our partners in communities across the UK.
We look forward to working with UK Government, with organisations across the sector, and across the regions and nations of the UK, to develop a Child Poverty Strategy that ensures all children have the guaranteed support that they desperately need and deserve.
The development of this ambitious strategy will be guided by the internationally recognised measure ‘Relative Poverty After Housing Costs’.
To support struggling families, we have already boosted the Household Support Fund by a further £421 million in England while the Warm Home Discount remains in place for low-income households as the Government stands firms on its commitment to protect those most at risk this winter.
This comes alongside Government plans to deliver quality work and better pay through the Employment Rights Bill, create 3,000 new nurseries, and lower energy bills through Great British Energy.
Additional Information
There are currently 4.3m children in relative poverty after housing costs in the United Kingdom as of 2022/23.
Relative Poverty After Housing Costs takes into account the proportion of families with below 60% of the median income after housing costs are deducted.
The Barnardo’s Family Centre in Brent offers a wide range of free advice to families while providing crisis funding through vouchers, hosts cooking sessions and holds activity days for children to give them the best start in life and ease the burden on those living in poverty.
Following the Household Support Fund extension, an estimated £79million will be made available to the Devolved Governments to support their citizens as they see fit.