Training & Education View post tag: Pacific View post tag: News by topic Back to overview,Home naval-today Los Angeles-Class Fast-Attack Submarine USS Jacksonville Departs for Western Pacific Deployment View post tag: Angeles-Class View post tag: Jacksonville View post tag: Naval View post tag: Deployment View post tag: Los Los Angeles-class fast-attack submarine USS Jacksonville (SSN 699) departed Joint Base Pearl Harbor-Hickam, Nov. 5, for a scheduled six-month deployment in the Western Pacific region.Jacksonville’s commanding officer, Cmdr. Nate Sukols, said of the 115 enlisted and 16 officers aboard, this is the first deployment for more than 50 percent of the crew.“They are anxious to go out there and do what submarines do at the pointy end of the spear,” said Sukols.Sukols said the submarine’s goals are to have a safe deployment while performing missions vital to national security.“I’m a little nervous because this is my first deployment, but I have a good division. They support me, and it’s one big family,” said Machinist’s Mate 3rd Class Andrew Blouch.Commissioned in May 1981, Jacksonville is named for Jacksonville, Fla. Nicknamed “The Bold One,” she is a nuclear attack submarine that is 360-feet long and displaces 6,900 tons. She can be fitted with Mk-48 torpedoes and harpoon missiles.[mappress]Naval Today Staff, November 7, 2012; Image: US Navy View post tag: Fast-Attack View post tag: Departs View post tag: Navy November 7, 2012 View post tag: Western View post tag: submarine View post tag: USS Los Angeles-Class Fast-Attack Submarine USS Jacksonville Departs for Western Pacific Deployment Share this article
Share this article The Canadian government has extended the deadline for Canadian Surface Combatant bidders who previously said they didn’t have enough time to prepare.This is second time the submission deadline is postponed after the original April 27, 2017, deadline was moved to June 22, 2017.The current deadline is expected to be no sooner than mid-August 2017. The government said it extended the bid to answer all questions from the bidders.“As per the RFP, bidders can submit draft bids for review until June 15, 2017. These bids will not be scored, and financial information will not be submitted, but bidders will be informed if any part of their submission is non-compliant, so they can make adjustments before submitting a final bid,” the announcement read.This extension will move the targeted completion of the procurement process from fall 2017 to 2018, according to the government, while ship construction remains scheduled for the the early 2020s. View post tag: Royal Canadian Navy View post tag: Canadian Surface Combatant Authorities June 6, 2017 Canadian Surface Combatant bids delayed again Back to overview,Home naval-today Canadian Surface Combatant bids delayed again
Another recommendation is that the government should be allowed to reduce funding, and that what remains should be focussed on courses “that are important to the wellbeing of our society and to our economy,” such as medicine and engineering. Oxford’s current budget is £863 million, out of which just eight per cent is received directly from the state, in the form of a teaching grant. According to predictions this grant might be cut by up to 75 per cent. In this case, it is estimated that Oxford will be paying the government back between £35m and £40m per year in levies, and receive just £17.5m back as a teaching grant. The government said that it welcomes the report, although it has not yet agreed to implement its recommendations in full. Despite predictions that it could lead to a rift in the coalition, Deputy Prime Minister Nick Clegg has been urging Liberal Democrat MPs to go back on their promise to voters to oppose tuition fees. “Like you, I am painfully aware of the pledge we all made to voters on tuition fees ahead of the general election,” he said. “Departing from that pledge will be one of the most difficult decisions of my political career. It means doing something that no one likes to do in politics – acknowledging that the assumptions we made at election time simply don’t work out in practice.” Business Secretary Vince Cable has also stated that he plans to “put specific proposals to the House to implement radical and progressive reforms of higher education along the lines of the Browne Report.” The Institute for Fiscal Studies thinktank described the review as “more progressive than under the current system … in the sense that lower-earning graduates would pay less and higher-earning graduates would pay more.” However, universities would lose money under the threshold scenario of a £6,000 fee, the IFS said. “While their fee income would nearly double in this case, buried in the detail of the review’s recommendations are proposed cuts to the teaching budget that would see some courses become entirely self-funded.” Sir Peter Lampl, chair of the Sutton Trust education charity, said there was a danger that higher fees for the most prestigious courses would make them “the preserve of the most privileged”. “There are some sensible measures in these proposals. But our concern is that the headline figure of the costs of attending more prestigious universities might still deter those from non-privileged backgrounds from applying in the first place.” Universities should be allowed to set their own level of tuition fees, according to Lord Browne’s review of higher education, which was published this week. The review, released on Tuesday, has recommended that the current cap of £3,290 per year should be lifted and universities should be free to charge what they like. This could mean the introduction of tuition fees of up to £12,000 a year. If Browne’s recommended measures are accepted by the government, students could graduate with debts of up to £50,000. These debts would then attract interest at a real rate. Graduates would not have to start repaying the loans until they were earning £21,000 per year. But after this they would have to make repayments worth 9 percent of their income, regardless of how much it is. Interest would also start accumulating at a rate of inflation plus 2.2 percent. The student loans system would be simplified, with one government agency placed in charge of handling loans, grants and bursaries. Browne has also suggested that there should be “a minimum entry standard, based on aptitude”, so that “only those who are qualified to benefit from higher education” would be entitled to a loan. The proposals, which are designed to save money for the government and help struggling universities, were called “highly progressive” by Browne, on the grounds that “the lowest 20% of earners will pay less than today”. These proposals immediately attracted criticism about the impact they will have on middle-rate earners. Those students who start earning high salaries straight away will be able to pay their loans off before the interest grows too much. Those earning less than £21,000 will not have to pay anything – but those in between face decades of repayments and mounting interest. There is also a concern that the high costs will put those from less well-off backgrounds off applying to university. Universities will be entitled to charge as much as they like in tuition fees. However, those charging more than £6,000 a year will have to give a large percentage of their extra income to the government, to help them pay the upfront costs of students’ fees.
‘Art of Looking’ sharpens students’ critical eye We found in each study that people unschooled in abstract expressionism selected the artists’ works as better and more liked, identified them as by artists rather than animals and children, and did this at a rate significantly above chance. Even when we tried to trick people (mislabeling the child work as by an artist and the artist work as by a child or animal), people recognized the actual artist’s work as the better work of art, uninfluenced by the false label. In addition, working with a computer scientist, we showed that a deep learning algorithm was able to learn to differentiate works by artists versus by children and animals, and succeeded at the same rate of correctness as did humans. And so, when you hear someone say, “My kid could have done that,” you can say, “Not so!”GAZETTE: What do you think was going on?WINNER: To get at this we asked another group of people to look at each of the 60 paintings, 30 by the preschoolers and animals and 30 by the great artists, one at a time and randomly ordered. We asked them to rate each work in terms of how intentional it looked, and how much visual structure they saw. The works by the artists were on average rated as more intentional and higher in visual structure. When we asked people why they thought the artists’ paintings were better works of art, they gave us mentalistic answers, saying things like, “It looks more planned” or, “It looks more thought-out.” So, it appears that we make a clear discrimination: We perceive artists’ abstract paintings as highly planned, and those by children and animals as unplanned and somewhat random. Tellingly, we found that some paintings by artists were incorrectly identified as by children or animals, and these turned out to be the ones that had been rated as low in intentionality and structure. Our conclusion is that people see more in abstract art than they think they see. They can see the mind behind the work.GAZETTE: You mention that art that evokes negative emotions can also be positive thing. Can you explain?WINNER: We gravitate toward art that depicts tragic or horrifying events (think of paintings by Hieronymus Bosch or Lucian Freud, whose portraits are often distorted and somewhat grotesque); we flock to sad or suspenseful or horrifying movies or plays or novels; we listen to music that conveys grief. Given how we strive to avoid feelings of sorrow and terror and horror in our personal lives, this presents us with a paradox — one that interested philosophers such as Aristotle, Immanuel Kant, and David Hume. This puzzle is resolved by studies showing that when we view something as art, any negative feelings about the content are matched by positive ones. For instance, one study demonstrated that presenting photographs of disgusting things like rotting food either as art photography or illustrations to teach people about hygiene led to different reactions: Those who viewed the images as art reported positive feelings along with the negative ones; those who viewed them as hygiene illustrations reported only negative feelings. Other studies have shown that people report being highly moved by art with negative content, and the experience of feeling moved combines negative affect with an equal level of positive affect. In short, we can allow ourselves to be moved by tragedy and horror in art because it is not about us; we have entered a fictional world of virtual reality. And the experience of being moved by such works is not only pleasurable, but can also be highly meaningful as we reflect on the nature of our feelings.GAZETTE: You also explore how theater can inspire empathy.WINNER: We often hear that the arts are good for our children because they make them more empathetic. But this is the kind of claim that ought to be closely examined. Is there truth to this claim, and if so does it apply to all the arts? My former doctoral student Thalia Goldstein, now an assistant professor at George Mason University, reasoned that it is in acting that empathy is most likely to be nurtured. She directed a longitudinal study of children and adolescents involved in acting classes over the course of a year, comparing them to students taking visual arts classes. At the end of the year, the acting students in both age groups had gained more than the visual arts students on a self-report empathy scale, and the adolescent acting students had also grown stronger in perspective-taking. These results have the plausible explanation that acting entails stepping into different characters’ shoes over and over, practicing seeing the world from another’s eyes.There is still a lot we don’t know about the arts and empathy. Does reading fiction or watching a drama on stage have the same effect as enacting fictional characters? And if so, can any of these experiences change people’s behaviors (in the direction of greater compassion), or do they just change people’s ability to identify and mirror what others are feeling? The answer is not obvious. William James asked us to consider a person at the theater weeping over the fate of a fictional character onstage while unconcerned about her freezing coachman waiting outside in the snow. It is possible that when we expend our empathy on fictional characters, we feel we have paid our empathy dues. This fascinating problem cries out for further research, which I hope to be able to do.GAZETTE: After all of your research, have you landed on any concise definition of what art is?WINNER: Since philosophers have been unable to agree on a definition of art that involves necessary and sufficient features, I certainly do not think that I will come up with one! Art will never be defined in a way that will distinguish all things we do and do not call art. Art is a mind-dependent concept: There is no litmus test to decide whether something is or is not art (as opposed to whether some liquid is or is not water). Our minds group together the things we call art despite the fact that no two instances of “art” need share any features. And artists are continually challenging our concept of what counts as art, making the concept impossible ever to close.But philosophers such as Nelson Goodman, who was the founder of Project Zero at the Harvard Graduate School of Education — a group that had a deep influence on my thinking — had something profound to say about this. Don’t ask, “What is art?”; rather, ask, “When is art?” Anything can be treated as art or not. And when we treat something as art, we attend to it in a special way — for example, noting its surface formal features and its nonliteral expressive features as part of the many meanings of the work. So maybe we can’t define art, but we can specify what it means to adopt an aesthetic attitude. And while elephants and chimps may make “art,” and while birds may make “music,” I am confident that humans are the only creatures who step back from something they are making to decide how it looks or sounds and how it should be altered — in short, to adopt that aesthetic attitude. Some musical meaning may transcend cultural boundaries and be universally human, study says The nature of sounds Related Seeing more Songs in the key of humanity Ellen Winner ’69, Ph.D. ’78, BI ’99 concentrated in English at Radcliffe, but she’d always planned to be an artist. She attended the School of the Museum of Fine Arts after college to study painting but soon realized “it was not the life I wanted.” Instead, Winner turned her focus to psychology, earning her doctorate at Harvard.A summer job listing at the University’s career office led her to the Harvard Graduate School of Education’s Project Zero, where she interviewed with her future husband, Howard Gardner — currently the John H. and Elisabeth A. Hobbs Professor of Cognition and the senior director of the project — and took a two-year position researching the psychology of art. For her doctoral degree at the Graduate School of Arts and Sciences, Winner studied developmental psychology. She is currently a senior research associate at Project Zero and a professor of psychology at Boston College, where she founded and directs the Arts and Mind Lab, which focuses on cognition in the arts in typical and gifted children as well as adults. Her latest book, “How Art Works: A Psychological Exploration,” is based on years of research at both Harvard and BC, and looks at art through psychological and philosophical lenses. The Gazette spoke with her recently about her findings.Q&AEllen WinnerGAZETTE: Why do we need art?WINNER: It’s interesting to note that the arts have been with us since the earliest humans — long before the sciences — and no one has ever discovered a culture without one or more forms of art. Evolutionary psychologists have postulated various ways in which natural selection could explain why we have art. For example, fiction allows us to safely practice interpersonal relationships and those with strong interpersonal skills are more likely to mate and spread their genes. Sexual selection could also be at work: Artists might attract mates because artistic talent might signal high reproductive fitness. There is no way of testing such claims, though. My best guess is that art itself is not a direct product of natural selection, but is a byproduct of our bigger brains — which themselves evolved for survival reasons. Art is just something we cannot help but do. While we may not need art to survive, our lives would be entirely different without it. The arts are a way of making sense of and understanding ourselves and others, a form of meaning-making just as important as are the sciences.GAZETTE: In your book you suggest that people have stronger emotional reactions to music than to the visual arts. Why?WINNER: Of course, we do respond emotionally to both music and visual art, but people report stronger emotional responses to music. I have asked my students to look at a painting for one uninterrupted hour and write down everything they are seeing and thinking (inspired by Jennifer Roberts, art historian at Harvard, who asked her students to do this for three hours). The students wrote about all of the things they started to notice, but strikingly absent was any mention of emotions. They reported being mesmerized by the experience but no one talked about being close to tears, something people often report with music.There seem to be several reasons for music eliciting stronger emotional reactions than the visual arts. The experience of music unrolls over time, and often quite a long time. A work of visual art can be perceived at a glance and people typically spend very little time with each work of art they encounter in a museum. We can turn away from a painting, but we can’t turn away from music, and so a painting doesn’t envelop us in the same way music does. In addition, music, but not visual art, makes us feel like moving, and moving to music intensifies the emotional reaction. One of the most powerful explanations for the emotional power of music has to do with the fact that the same properties that universally convey emotion in the voice (tempo, volume, regularity, etc.) also convey emotion in music. Thus, for example, a slow tempo in speech and music is typically perceived as sad, a loud and uneven tempo as agitated, etc. The visual arts do not have such a connection to emotion. Movies may be the most powerful art form in eliciting emotion since they unfold over time, tell a story, and of course include music.GAZETTE: Can you talk more about your studies involving a person’s ability to distinguish between artwork by an abstract master and a painting done by a monkey with a paintbrush and palette?WINNER: We were interested in the often-heard claim about abstract art that, “My kid could have done that.” We wanted to find out whether people really cannot tell the difference between preschool art and the works of great abstract expressionists like Hans Hofmann or Willem de Kooning. We also threw animal art into the mix: Chimps and monkeys and elephants have been given paint brushes laden with paint, and they often make charming, childlike markings — with the experimenter taking the paper away when the experimenter deems it “finished.” My former doctoral student Angelina Hawley-Dolan created 30 pairs of paintings in which she matched works by abstract expressionists with works by children and animals — matched so that the members of each pair were superficially similar in color and composition and kinds of brush strokes. In a series of studies, we showed people these pairs and asked them to decide which work was better, which they liked more, and which was done by an artist rather than a child or animal. Sometimes we unpaired the works and asked people the same questions when they were presented one at a time. “When you hear someone say, ‘My kid could have done that,’ you can say, ‘Not so!’” The cacophony of wildlife is music to his ears
JAMESTOWN – The Jamestown Jackals cancelled their season and the Jamestown Rebels paused theirs Thursday due to Coronavirus concerns.The cancellation of The Basketball League’s 2020 season comes after when the NBA and the NBA G-League indefinitely suspended their 2020 seasons Thursday.Prior to the announcement, the Jamestown Jackals were 8-3 on the season, good for second place in the league.During a team press conference at the Chautauqua Harbor Hotel Thursday, Kayla Crosby, the Executive Director of #IntegrityFirst and Team Market Owner said, “It was with sadness, but encouragement for the future that we announce today that The Basketball League has come to a conclusion for the 2020 season, we were hoping to move straight to a playoff series next weekend, but with the recent announcement from the NBA, it has been decided that the season will be completely ending.” Continuing on, Crosby added, “We want to be sure that we put forth the safety of our players, our staff and the community.”Crosby also spoke about how grateful she was for the Jackals who were in their year number two in The Basketball League“It has been a blessing to have our second season in The Basketball League”, Crosby said. “Starting from semi-pro and moving up to giving paychecks to the players has really increased the caliber of basketball that we’ve been able to provide in Jamestown.”In spite of the abrupt end of the season, Crosby did provide information on future events the Jackals will partake in.“At this point, we are going to regroup, we are going to continue to be active in the community as much as possible. This summer, the The Basketball League has announced it will be hosting a TBL Summer League in Las Vegas in July, and also potentially travelling overseas for tours this summer sponsored by The Basketball League. ”There will be an RSVP farewell dinner party Friday at the Chautauqua Harbor Hotel at 6 p.m.Leventrice Gray, the head coach of the Jamestown Jackals, spoke about how much he has enjoyed his time in Jamestown coming from Birmingham, AL.“It’s a very hospitable town, people that look out for you.” Gray said. “When I started to make my rounds around Jamestown starting as a coach and then a player, it was always a warm reception.”When asked about the team as a group on the court, Gray said, “Honestly speaking, they began to gel together. They found reasons to stay here and fight and found reasons to find reasons to push themselves towards adversity. They continued to push and found a way in a lot of situations where it can be tough.”The Jackals had been on a hot streak prior to the season cancellation, winning six of their last seven games, including a 124-112 win over the Dayton Flight last Sunday which would prove to be both teams final game of the 2020 season.Meanwhile, the NAHL indefinitely put on hold the Jamestown Rebels season, as the NHL issued an indefinite suspension Thursday as well.In a statement from NAHL Commissioner Mark Frankenfeld, he said, “This is an unprecedented time and situation. First and foremost, we want to be sure we are doing what is best for the hockey community: players, teams, fans and officials. In the past 24 hours, it became clear that we needed to follow a path that was consistent with our partners at USA Hockey, the NCAA, the NHL and the USHL.”Frankenfeld added, “We will continue to monitor the situation daily with everyone involved and we understand that given the current landscape, things could change at any moment. Our number one goal is to resume play as soon as possible, but only when it is safe for all of the parties involved. The NAHL Board of Governors will reconvene on a conference call Friday to discuss further action.”Jamestown was preparing to take on the Maryland Black Bears for a two-game home series prior to the announcement of the pausing of the season.The Rebels are in fifth place in the Eastern Division with 45 points, two points behind the Black Bears, who hold the final playoff spot in the East. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)
Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) MGN ImageWASHINGTON – A record 6.6 million workers filed for unemployment benefits last week due to the economic impact of the Coronavirus.The staggering number easily shatters all previous jobless figures.It’s historic, not seen even during the great depression or in the wake of the 2008 financial crisis.It also overtakes the expectations of economists, who were anticipating 3.5 million claims. It’s the second record-breaking weekly jobs report in a row. A week earlier, 3.3 million Americans filed for their first week of benefits.It comes as more businesses lay off and furlough workers amid the pandemic.
FacebookTwitterLinkedInEmailPrint分享Deepak Kannan in Platts Coal Trader International: Several large Indonesian thermal coal miners continue to forecast stable to higher production targets for 2016 despite weakening demand in both India and China, putting downward pressure on prices.Indonesian coal suppliers have been hit by a significant drop in Chinese imports of thermal coal and increasing domestic output in India.“China import demand for the thermal coal is expected to continue to decline over the medium term,” said Tim Buckley, director of Energy Finance Studies at the US-based Institute for Energy Economics and Financial Analysis. Coal production in China fell about 6.8% in the first four months of 2016 from the same period last year, while thermal power generation was down 3.2% over the same period.“All are very negative trends in terms of falling demand from China, and a likely increase in China looking at export opportunities,” Buckley said.China, which produces about 4 billion mt/year of coal, lowered its export tax to 3% from 10% early last year, fueling speculation the country might look to become a net exporter in the near to medium term.Global seaborne thermal coal demand is seen declining 25% by 2020 from 2014 peak volumes, Buckley noted.Goldman Sachs analysts expect seaborne trade to contract by 10% over 2015-2020.Indian imports fell about 19% year on year in the first four months of 2016. For fiscal year 2015-2016, Indian imports, including metallurgical and thermal coal, were down 15% to 182 million mt.“IEEFA expects Indian import demand for thermal coal to continue to decline at 10-20% year on year rates over the coming year, considering the comments from NTPC Ltd, the biggest user of coal in India, saying they will not import any thermal coal in next 12 months,” Buckley noted.Full article: http://www.platts.com/latest-news/coal/singapore/analysis-large-indonesian-coal-miners-to-maintain-27582801 Drop in Imports from China Depresses Coal Prices; Indonesian Miners Seeking Other Markets
GE bet big on fossil fuels with Alstom purchase, and lost FacebookTwitterLinkedInEmailPrint分享Bloomberg:There are bad deals, and then there’s General Electric Co.’s purchase of Alstom SA’s energy assets.The 2015 takeover of the French company’s gas-turbine operations in many ways encapsulates the mismanagement that led to GE’s current turmoil. GE vastly overpaid for Alstom, prioritizing scale over logic and ignoring signs of a peaking market. The result is the almost $23 billion writedown GE announced in October, the majority of which is tied to the Alstom deal.Plenty of GE watchers found things to like about the purchase when it was announced. Profit margins at the Alstom assets GE was acquiring were well below that of its own power unit. In theory, that was an opportunity for improvement. GE touted the prospect of selling more services across Alstom’s large installed base.As it turned out, demand for gas turbines collapsed not long after GE completed the takeover, as clean energy became more affordable. Orders for services later crumbled as well, in part because of upgrades that reduced outages and extended turbines’ life. The underlying cash-flow assumptions for the Alstom deal now appear to have been dead wrong, and GE’s lax pricing discipline on its own contracts is coming back to bite it. GE’s power unit had an operating margin of 5.6 percent last year, compared with 10.6 percent in the year ended March 2014 for the Alstom thermal-power business that constituted the bulk of the deal.Taking a writedown on Alstom is one thing. Unraveling this bad bet is a much bigger task.More: GE’s $23 billion writedown stems from a bad bet on fossil fuels
“In special cases [of suspicious boats], we also stop boats navigating in the opposite direction,” Oliveira said. Specifically, 70% of the narcotics that enter the Amazonas come in through the Solimões River. To stop them, Troops and police officers launch missions from the Anzol Base, located about 50 kilometers from Tabatinga, where the ferries BA-1 and BA-2 have been docked since the base opened on September 18. The BA-1 is used by nearly 30 police officers to inspect boats and passengers 24 hours a day from its station on the river’s right shore. The BA-2, meanwhile, is used by 15 Soldiers who alternate between two shifts on the left bank. Security forces use technology and trained canines Brazil’s Army, Federal Police, and Amazonas state security forces are working together to combat the flow of drugs entering the country from the tri-border Amazon region where Brazil, Colombia, and Peru converge. Alto Huallaga, located in the country’s northwest, is one of Peru’s largest cocaine-producing regions, while Vale do Javari encompasses parts of Brazil, Colombia, and Peru and is home to numerous cocaine plantations. Two Brazilian Army platoons cover that area: the Estirão do Equador Fourth Special Border Platoon (PEF) and the Palmeira do Javari Special Border Platoon. Security authorities constructed the Anzol Base close to the confluence of the Solimões and the Javari rivers, a location used to transport the majority of cocaine that’s produced in the Alto Huallaga and Vale do Javari areas. The location of the base, near the city of Tabatinga and between two islands on the Solimões, is significant because it allows authorities to use the power plant operated by the Amazonas Electric Company and decreases the chances of boats carrying contraband to evade authorities. By Dialogo November 23, 2015 Brazil is falling apart. People are turning into zombies. Drugs are the worst enemy to society. “Because water routes are the primary means of transportation in the region, almost all of the illicit drugs produced in Peru and Colombia are transported on the Solimões River,” said Alexandre Silveira de Oliveira, Regional Executive Deputy for the Office of the Superintendent of the Federal Police in Amazonas. In that effort, security forces inspected 622 boats on the Solimões River during September – an average of 20 a day – in addition to interviewing or searching nearly 4,800 passengers. Every vessel that navigates the Solimões from Tabatinga to Manaus will continue to be stopped and inspected, except for Navy vessels and boats protected by international treaties. Forces bolster security by using sniffer dogs to find drugs and explosives, and units assigned to BA-1 have equipment that helps them conduct nighttime inspections, record images from the river, and transmit data over the Internet, which allows its personnel to support other police squads’ activities. Additionally, Military and law enforcement personnel at the Anzol Base also combat the illicit smuggling of merchandise and the illegal exploitation of mines thanks to the support expert technicians and intelligence service members. “Our specific mission is to intercept boats that try to evade inspection by BA-1, primarily during the night shift,” said Lieutenant Colonel Marcos Vieira Santana, commanding officer of the Solimões Border Command/8th Jungle Infantry Battalion. “We have a Guardian boat outfitted with two engines and weapons, which provides ideal conditions to fulfill our mission.”
1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Brandy Bruyere Brandy Bruyere, NCCO was named vice president of regulatory compliance in February 2017. In her role, Bruyere oversees NAFCU’s regulatory compliance team who help credit unions with a variety of … Web: www.nafcu.org Details Some credit unions that are required to comply with the Home Mortgage Disclosure Act (HMDA) requirements are getting a compliance break. Under Dodd-Frank, HMDA requires credit unions to collect new specific data points and specifies how these new points must be reported to the Bureau of Consumer Financial Protection (Bureau). However, the recently passed Economic Growth, Regulatory Relief, and Consumer Protection Act (S.2155) will help reduce regulatory burdens. While S.2155 does not change whether your credit union is subject to HMDA, it provided regulatory relief for some credit unions by significantly reducing the amount of data that needs to be collected, adding a new threshold for which financial institutions will be required to collect and report the data points. Why have the data reporting requirements changed? S.2155 amends a section of HMDA to add a partial exemption from certain data reporting requirements. As amended, a credit union that is a financial institution but did not originate 500 closed-end mortgage loans or 500 open-end lines of credit in the past 2 calendar years would not need to follow “the requirements of paragraphs (5) and (6)” of 12 U.S.C. 2803(b) (HMDA). It was not entirely clear how this would be implemented until August 31, 2018, when the bureau issued guidance identifying 26 data points as being eligible for this partial exemption. This includes: the universal loan identifier (ULI); property address; rate spread; credit score; reasons for denial; total points and fees; origination charges; lender credits; discount points; debt-to-income ratio; combined loan-to-value ratio; property value, and more. The partial exemption applies based on whether a credit union is below the threshold for the loan type. For example, if in each the prior two years, a credit union originates over 500 open-end HMDA covered loans, but under 500 closed-end HMDA loans, the partial exemption would only be available for the credit union’s closed-end loans. What about the legal entity identifier (LEI)? NAFCU’s compliance team received many questions leading up to the HMDA implementation deadline about the rule’s requirement that the credit union have an LEI, but this is a component of the “universal loan identifier” data point. The bureau confirmed that the ULI is eligible for a partial exemption, so some credit unions will no longer need to maintain an LEI and create ULIs. However, the bureau’s recent guidance clarified that credit unions operating under the partial exemption will still be required to provide a “non-universal loan identifier” for loans, which “does not need to be unique within the industry.” Rather, this loan identifier can have up to 22 characters and must meet the following additional requirements:(1) May be letters, numerals, or a combination of letters and numerals;(2) Must be unique within the credit union (e.g. only one is assigned to any particular covered loan/application, and each corresponds to a single application); and(3) Must not include any information that could be used to directly identify the applicant or borrower (e.g. name, date of birth, Social Security number, driver’s license or identification number, etc.)For more information, including a chart created by the bureau highlighting which specific data points are eligible for the partial exemption, check out this NAFCU Compliance Blog post.