International Power to get higher rating

first_img Share Show Comments ▼ INTERNATIONAL POWER (IP) will get a healthier credit rating through its long-awaited merger with GDF Suez, shaving £40m from its annual financing costs, the firm said yesterday.IP is confident of improving its credit rating to “investment grade”, at least BBB–, meaning it will be able to borrow at cheaper rates.The lowered funding charges are part of £165m of synergies IP is hoping to squeeze from its reverse takeover by French government-backed GDF. GDF, which is aiming for €70m (£58m) of synergies, will roll its non-European power generation units into the British company, along with UK and Turkish assets.Subject to shareholder and regulatory approval, GDF will own just over two thirds of the post-transaction group while IP investors will hold the remainder. IP chief executive Philip Cox will remain in position, as will chief financial officer Mark Williamson. GDF international vice president Dirk Beeuwsaert will come in as chairman, with incumbent Sir Neville Simms becoming his deputy.Cox was keen to stress the growth prospects available by tapping GDF’s more robust balance sheet. “Very important in this capital-intensive industry is the enhanced financial position of the group,” he said.One analyst remarked: “It does make it easier for them. They were scratching their heads a bit as to how to take it forward before this.”The transaction also means investment bankers and lawyers acting for the two firms will enjoy a rare August windfall. Sources who worked on the deal said the advisers would rake in up to £50m in fees from the work.Shares in IP dropped two per cent to 372.6p as investors registered disappointment at the size of their 30 per cent stake in the merged company.The news came as IP said its first-half pre-tax profit fell by half to £385m. Stripping out exceptional items it came to £333m.YOEL ZAOUIGOLDMAN SACHSINTERNATIONAL POWER and GDF Suez hired a raft of investment bankers to push the merger through.GDF’s efforts were coordinated by a Goldman?Sachs team led by Yoël Zaoui, Nick Harper, Robin Rousseau and Charles-Eduard van Rossum. Zaoui is a graduate of Stanford Business School in the US and has worked on Crédit?Agricole’s acquisition of Banque Indosuez, Elf Aquitaine’s defence against a $59bn (£37bn) hostile offer from Total Fina and Mittal Steel’s merger with Arcelor.Also working for GDF were Grégoire Chertok of NM Rothschild, BNP Paribas’ Thierry Varene, Ondra Partners’ Michael Tory and Blackstone’s famous rainmaker John “Studs” Studzinski.Japanese bank Nomura led the charge for International?Power, with William Vereker, Adrian Mee and Jason Hutchings leading the team.In addition, International Power called on the services of JPMorgan’s Ed Byers, Mark Breuer and Dwayne Lysaght, and Simon Smith and Alastair Cochran of Morgan Stanley. whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndoMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comUndo whatsappcenter_img Tags: NULL Tuesday 10 August 2010 8:38 pm International Power to get higher rating KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPuffer fish snaps a selfie with lucky divernypost.comConnecticut man dies after crashing Harley into live‘Neighbor from hell’ faces new charges after scaring off home‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comlast_img read more

US gets rid of Citigroup stake

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia US gets rid of Citigroup stake whatsapp The US government is set to dispose of its remaining stake in Citigroup for a $312.2m (£196m) profit, the Treasury Department said last night. The sale of 465.1m warrants to purchase common shares in Citi were acquired as part of the Troubled Asset Relief Programme, or TARP. American taxpayers are expected to end up $12.3bn in profit on the government’s investment in Citi. Deutsche Bank Securities is the sole bookrunner on the deal. Share KCS-content center_img whatsapp Wednesday 26 January 2011 9:15 pm Show Comments ▼ Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

Casinos Austria International swings to €10m H1 loss

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Casino & games Casinos Austria International (CAI), Casinos Austria’s subsidiary that operates venues in other countries, swung to a loss for the first half of 2020 as revenue fell by more than 30% to €52.8m, but said recovery has been strong since its venues reopened. 1st September 2020 | By Daniel O’Boyle Casinos Austria International (CAI), Casinos Austria’s subsidiary that operates venues in other countries, swung to a loss for the first half of 2020 as revenue fell by more than 30% to €52.8m, but said recovery has been strong since its venues reopened.The operator’s €52.8m in revenue for the six months to 30 June, was down 30.5% year-on-year from 2019.“The global economy contracted significantly, especially in the second quarter of 2020, due to the sometimes drastic measures taken to contain the coronavirus,” the operator said. “The land-based gaming industry is one of the industries most severely affected.“While the Casinos Austria International Group’s gaming revenues in January and February 2020 were 11% higher than in the previous year, all casinos had to shut down in March 2020. The management immediately took all measures to curb [expenditure].”Casinos Austria International has reopened casinos in Germany, Hungary, Switzerland, Liechtenstein, Denmark, North Macedonia, Australia and Egypt between May and the end of the reporting period.“Fortunately, good gaming revenues have been achieved in the first few weeks since the opening,” the operator said.The business added that reopened venues were, “with small exceptions”, generally making more than 70% of pre-shutdown GGR per day, with some even bringing in more revenue after reopening.CAI made €72.2m in pro-rata revenue, but this figure was brought down to €52.8m due to €19.4m worth of International Financial Reporting Standards (IFRS) adjustments.This difference came partly through different reporting of CAI’s joint ventures in Hungary, such as the Sopron business in which CAI holds a 55% stake, as well as differences in other reporting measures such as those for lease payments in foreign currency. Germany was the largest source of revenue, bringing in €30.1m. Belgium followed with €10.6m, while €6.8m came from Switzerland and €6.2m Denmark. CAI’s properties in Australia contributed a further €4.3m Australia, and €5.5m came from Liechtenstein. Hungary brought in revenue of €4.3m and other regions €4.5m.After paying €24.4m in gambling taxes, down 36.7%, CAI was left with net gaming revenue of €28.4m, down 41.7%.CAI recorded a further €1.3m in other revenue, up 48.2%, which meant its revenue after including other sources came to €29.7m, down 24.7%.The operator paid personnel expenses of €16.1m, down 22.5%, as well as depreciation and impairment costs of €9.0m, up 14.0%. Personnell expenses were highest in Germany, at €6.8m, while these costs came to €3.7m in Belgium, €3.0m in Swtizerland, €3.1m in Denmark, €2.4m in Australia, €2.2m in Liechtenstein, €768,000 in Hungary and €531,000 elsewhere.CAI’s other operating expenses fell by 24.5% to €10.3m while equity in businesses in which the operator holds a non-controlling stake resulted in a further €2.6m loss, 24.4% less than the loss in this area in 2019.These other operating expenses include costs related to the arbitration proceedings following the operator’s decision to hand back its operating licence in Argentina.This meant CAI made an operating loss of €8.4m, after having made an operating profit of €11.0m in 2019.The business received an additional €33,000 in other operating income, down 3.0%, but paid a further €2.0m in other financial expenses, a 41.6% year-on-year decline, for a net financial loss of €2.0m.Following these losses, Casinos Austria International made a pre-tax loss of €10.4m, compared to a €7.6m profit the year prior.After receiving €273,000 in tax benefits, the business lost €10.1m from continuing operations in the first half of 2020, compared to a €7.3m profit in 2019. When discontinued operations are accounted for, CAI lost €10.3m, down from a €6.2m profit in the first half of 2019.Despite this €10.3m loss, the operator’s German operations turned a profit of €2.5m, while its Hungarian operations made a €506,000 profit.However, in Belgium, the operator lost €5.7m, while it lost €2.1m in Switzerland, €716,000 in Denmark, €1.2m in Australia and €135,000 in Liechtenstein. The corporate business made a €3.0m loss in the half-year.center_img Topics: Casino & games Finance Casinos Austria International swings to €10m H1 loss Email Address Regions: Europe Western Europe Austrialast_img read more

Sechaba Brewery Holdings Limited ( 2009 Annual Report

first_imgSechaba Brewery Holdings Limited ( listed on the Botswana Stock Exchange under the Beverages sector has released it’s 2009 annual report.For more information about Sechaba Brewery Holdings Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Sechaba Brewery Holdings Limited ( company page on AfricanFinancials.Document: Sechaba Brewery Holdings Limited (  2009 annual report.Company ProfileSechaba Brewery Holdings Limited is an investment holding company with 60% controlling interest in Kgalagadi Breweries Limited (KLB) and Botswana Breweries (Pty) Limited. Kgalagadi Breweries produces lager beers, traditional beers, bottled water and soft drinks under license. The brewery has four traditional beer breweries, a clear beer brewery, a sparkling soft drinks production plant and six sales and distribution centres in Botswana. SABMiller has a 40% stake in Kgalagadi Breweries and has management control over the operation; offering manufacturing and technical expertise, brand building and distribution expertise. Botswana Breweries produces traditional opaque beer made from sorghum and maize under the brand names Chibuku and Phafana. The Botswana Development Corporation has a 25.6% shareholding in Sechaba Breweries Holdings Limited.last_img read more

Infinity Trust Mortgage Bank Plc ( 2014 Annual Report

first_imgInfinity Trust Mortgage Bank Plc ( listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2014 annual report.For more information about Infinity Trust Mortgage Bank Plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the Infinity Trust Mortgage Bank Plc ( company page on AfricanFinancials.Document: Infinity Trust Mortgage Bank Plc (  2014 annual report.Company ProfileInfinity Trust Mortgage Bank Plc is a mortgage banking institution in Nigeria offering mortgage lending and lines of credit. The company’s head office is in Abuja, Nigeria. Infinity Trust Mortgage Bank Plc is listed on the Nigerian Stock Exchangelast_img

MM House / Elías Rizo Arquitectos

first_img Photographs “COPY” Area:  1557 m² Area:  1557 m² Year Completion year of this architecture project Save this picture!© Marcos García+ 16 Share MM House / Elías Rizo Arquitectos “COPY” MM House / Elías Rizo ArquitectosSave this projectSaveMM House / Elías Rizo Arquitectos 2014 Mexico 2014 Houses ArchDaily Year:  Year:  Architects: Elías Rizo Arquitectos Area Area of this architecture project CopyHouses•Tapalpa, Mexico ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Photographs:  Marcos GarciaCollaborators:Carlos Miramontes, Jenny Mora, Jenny Camarena, Paola Hernández, Alma Osnaya, Gabriela Chávez, Roberto Contreras, Rodrigo Ortega, Daniela Valdez, Diana Reséndiz.Interior Design:Kárima DippArchitects In Charge:Elías Rizo Suárez, Alejandro Rizo SuárezCity:TapalpaCountry:MexicoMore SpecsLess SpecsSave this picture!© Marcos GarcíaText description provided by the architects. House MM presented an unusual challenge for us. Two brothers who owned a considerable stretch of land in Tapalpa approached us with the intention of building two separate houses. As we dug into the project´s needs we realized that both of our clients had similar needs an while they didn’t mind, and in fact preferred, that the houses share a common language, each one had to convey its own singular personality. The topography of the site imposed its own set of variables that resulted in further slight alterations in the design of each house.Save this picture!© Marcos GarcíaA similar set of priorities was implemented in dimensioning spaces and establishing spatial relationships between functions.Save this picture!© Marcos GarcíaAccess to both buildings became a primary concern in our design. Although the entry layout and sequences were mainly driven by function, the clients expressed a desire that entrance into the houses be conceived as an experience in its own right. We then proceeded to articulate the entry modules with their various spaces (mud room, garage, storage, and service quarters) around open courtyards that catch the eye and allow daylight in.Save this picture!© Marcos GarcíaBoth buildings are shaped by a need for flexible use of space, and a desire to connect with outdoors. Throughout the houses one finds that a large extent of walls and windows are in fact operable partitions that can be hidden entirely from sight to connect adjacent spaces with kindred functions, or to expose the house to its surroundings.Save this picture!Lower Floor Plan (House A)House A, which was built on the higher part of the property, maintains a more introvert disposition. Its floor plan displays a slight angularity that distinguishes in from B, and all of its spaces are arranged around an open yard. Aside from the master bedroom, which stands off-axis and partially detached from the rest of the house, all dormitories contain a mezzanine level with additional beds.Save this picture!© Marcos GarcíaHouse B shares to overall layout and spatial sequence of House A, but displays a strict, rectilinear floor plan which looks out beyond the property´s edge. Unlike House A, its dormitories are on a single level.Save this picture!© Marcos GarcíaThe exposed steel structure, with its clean lines and its stark geometry, acts as disciplined three-dimensional contour, framing planes and volumes clad in raw texture, which in turn a direct relationship to the building´s natural setting.Save this picture!© Marcos GarcíaProject gallerySee allShow lessKomachi Building / Key OperationSelected ProjectsVigoss R & D / Zemberek Design OfficeSelected Projects Share Projects ShareFacebookTwitterPinterestWhatsappMailOr Clipboard CopyAbout this officeElías Rizo ArquitectosOfficeFollowProductsSteelStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesTapalpaHousesMexicoPublished on October 14, 2014Cite: “MM House / Elías Rizo Arquitectos ” 14 Oct 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic BronzeArmchairsAndreu WorldGrand Raglan – Lounge ChairSinksBradley Corporation USASinks – Frequency® FL-SeriesPlantingSikaGreen RoofsStonesCosentinoSilestone Surfaces – Ethereal CollectionMetal PanelsLongboard®Aluminum Battens – Link & Lock – 8″Panels / Prefabricated AssembliesFranken-SchotterFacade Panels – Dietfurt LimestoneWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusWoodGustafsWood Cladding in St. Erik Eye HospitalLightsKKDCLighting – Groove FLEXMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

House AADD / Galeria Gabinete

first_img House AADD / Galeria Gabinete Projects 2012 2012 ShareFacebookTwitterPinterestWhatsappMailOr Clipboard CopyAbout this officeGaleria GabineteOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesMaurelesHousesPortugalPublished on March 24, 2015Cite: “House AADD / Galeria Gabinete” 24 Mar 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – FocusGlass3MInterior Finishes at U.S. Bank StadiumPartitionsSkyfoldMarkerboard Finish for Folding WallsFiber Cements / CementsSwisspearlFiber Cement Cladding Panels in B66 Business CenterMembranesEffisusFaçade Protection – Breather+Metal PanelsSculptformClick-on Battens in WestConnex M8 JunctionPanels / Prefabricated AssembliesBruagBack-Ventilated Facades – CELLONTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea CosmosGlassDip-TechCeramic Printing for Public TransportationAcousticSchöckStaircase Insulation – Tronsole®Porcelain StonewareApavisaSlabs – Wild ForestBulbs / SpotsAmbiance LumiereLighting – ZetaMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” ShareFacebookTwitterPinterestWhatsappMailOr Clipboard “COPY” Portugal Architects: Galeria Gabinete Area Area of this architecture project Area:  648 m² Area:  648 m² Year Completion year of this architecture project CopyHouses•Maureles, Portugal Year:  Year:  photographs:  José CamposPhotographs:  José CamposEngineering:Cláudio FerreiraLighting Design:Sérgio AzevedoDecor:Pedro Guedes, Jorge CostaArchitect In Charge:Helder de CarvalhoDesign Team:Helder de Carvalho, Sérgio Azevedo, Cláudio Ferreira, Pedro GuedesCity:MaurelesCountry:PortugalMore SpecsLess SpecsSave this picture!© José CamposRecommended ProductsEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAFiber Cements / CementsSwisspearlSwisspearl Largo Fiber Cement PanelsFiber Cements / CementsApavisaTiles – Nanofusion 7.0Fiber Cements / CementsULMA Architectural SolutionsPaper Facade Panel in Leioa School RestorationText description provided by the architects. How would it be if I grew up in that place? How it would be if to know the reality of a friend since I was a little kid? A generously sized field that included a wall, two staircases and granite columns, between the constructed that would serve the future, an imaginary house in their intentions, were the starting point to realize that it would have to develop housing on two platforms. Save this picture!© José CamposSuperior, as a point of arrival able to be showed to the square, leaving it breathing before a permeable seal in sight. Another Inferior, trusting privacy and silence where the word comfort stands. Panels and doors to discover spaces, details of simplicity, views, light and visual relationships between floors complete the result. Save this picture!© José CamposSave this picture!Floor PlanSave this picture!© José Campos The various perspectives of housing became evident as well as a block of ostentation which levitates between light and dark, between strains, solids and voids that enhance the volumetry. Save this picture!© José CamposProject gallerySee allShow lessMilan Expo 2015: Photographic Updates Of The Pavilions In ProgressArchitecture NewsHeat Exchanger Važecká / Atrium ArchitektiSelected Projects Share Photographs Houses ArchDaily House AADD / Galeria GabineteSave this projectSaveHouse AADD / Galeria Gabinete Save this picture!© José Campos+ 36 Sharelast_img read more

Institute of Fundraising tackles bad practice in outdoor challenge events

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Institute of Fundraising tackles bad practice in outdoor challenge events AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 22 January 2010 | News Tagged with: Events Institute of Fundraising Law / policy  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Institute of Fundraising is this year working to tackle bad practice, where it exists, in outdoor fundraising events such as the Three Peaks Challenge.Its Code on Outdoor Challenge Events is currently open for consultation. The draft has been updated to ensure that outdoor events continue to be sustainable. It aims to reduce the negative impact of fundraising events on the environment, and states that organisers of events who knowingly encourage excessive numbers in areas of environmental sensitivity are irresponsible.The Institute recognises that the impact of fundraising events on local residents, roads, other users, facilities, footpaths and wildlife can be so adverse as to bring charities’ fundraising into disrepute, risking the future reputation of challenge events as a form of fundraising.The Institute has reminded its members of the draft Code’s requirements and it has been in touch with landowners responsible for natural areas where such events take place. It has invited them to instigate a complaint in accordance with the procedures laid out by the Fundraising Standards Board should they become aware of any cases of bad fundraising practice during the summer of 2010.Louise Richards, Director of Policy and Campaigns at the Institute of Fundraising, said: “An important part of promoting best practice also involves exposing bad practice. To this end, we wish to ensure that all charities taking part in such events are following the best practice standards, as set out in the draft Code.” FGMB on Flickr.comlast_img read more

Social Entrepreneurship: What Everyone Needs to Know

first_imgSocial Entrepreneurship: What Everyone Needs to Know Howard Lake | 7 April 2013 | News [amzn_product_post]In development circles, there is now widespread consensus that social entrepreneurs represent a far better mechanism to respond to needs than we have ever had before–a decentralized and emergent force that remains our best hope for solutions that can keep pace with our problems and create a more peaceful world. David Bornstein’s previous book on social entrepreneurship, How to Change the World, was hailed by Nicholas Kristof in The New York Times as “a bible in the field” and published in more than twenty countries. Now, Bornstein shifts the focus from the profiles of successful social innovators in that book–and teams with Susan Davis, a founding board member of the Grameen Foundation–to offer the first general overview of social entrepreneurship. In a Q & A format allowing readers to go directly to the information they need, the authors map out social entrepreneurship in its broadest terms as well as in its particulars. Bornstein and Davis explain what social entrepreneurs are, how their organizations function, and what challenges they face. The book will give readers an understanding of what differentiates social entrepreneurship from standard business ventures and how it differs from traditional grant-based non-profit work. Unlike the typical top-down, model-based approach to solving problems employed by the World Bank and other large institutions, social entrepreneurs work through a process of iterative learning–learning by doing–working with communities to find unique, local solutions to unique, local problems. Most importantly, the book shows readers exactly how they can get involved. Anyone inspired by Barack Obama’s call to service and who wants to learn more about the essential features and enormous promise of this new method of social change, Social Entrepreneurship is the ideal first place to look. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.center_img  9 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

What we’re reading: 14 American passengers aboard cruise ship bring back coronavirus

first_imgTwitter What we’re reading: Chauvin found guilty in Floyd case, Xi to attend Biden’s climate change summit ReddIt Bridey Brown printAmerican passengers evacuated from a cruise ship in Japan disembark from a Kalitta Air flight at Kelly Field, early Monday, Feb. 17, 2020 in San Antonio, Texas. The U.S. said it arranged the evacuation because people on the Diamond Princess were at a high risk of exposure to the new virus that’s been spreading in Asia. For the departing Americans, the evacuation cuts short a 14-day quarantine that began aboard the cruise ship Feb. 5. (William Luther /The San Antonio Express-News via AP)Americans evacuated from the Diamond Princess cruise ship return with coronavirusFourteen of the 300 Americans who were aboard the Diamond Princess cruise ship in Japan have tested positive for coronavirus, according to the Los Angeles Times. More than 300 U.S. citizens from the ship were evacuated and were put on chartered flights to military bases in California and Texas.All of the Americans will be quarantined for 14 days on the bases, the Los Angeles Times reported. Pearl River cresting causes Mississippi floodingGov. Tate Reeves has declared a state of emergency as the Pearl River crested Monday in Mississippi’s capital city of Jackson, according to Fox News.Officials have conducted 16 assisted evacuations and 200 door-to-door visits to advise residents of the flooding. It will take days for the water to recede, and rain in the forecast for Wednesday and Thursday may make the situation worse, said Janice Dean, senior meteorologist for Fox News. Democrats voted with Republicans to block Virginia governor’s bill to ban assault weaponsAn attempt to ban assault-style weapons in Virginia failed after four moderate Democrats on Virginia’s Senate Judiciary Committee sided with Republicans to block the Democratic governor’s bill, according to New York Daily News. The 10-5 vote will table the bill for the remainder of the year, allowing for lawmakers to further review the proposal.House Delegate Mark Levine, one of the delegates who sponsored the bill, promised to bring the proposal back to the Senate next year. Facebook Bridey Brown New disposable vape pens are flooding the marketDespite the Trump administration’s partial ban on flavored e-cigarettes, new disposable vape pens have caused a setback in efforts to curb teen vaping, according to NPR.It hasn’t taken long for kids to find alternatives to flavored cartridges, said Matt Myers, a member of the Campaign for Tobacco-Free Kids. Companies such as Puff Bar, Stig, and Viigo introduced single-use vape pens that offer flavors similar to the ones Juul had to remove from the market because they were targeted toward minors. This Jan. 31, 2020 photo shows various brands and flavors of disposable vape devices at a store in the Brooklyn borough of New York. (AP Photo/Marshall Ritzel) Bridey Brown College students face challenges with distance learning + posts High school seniors reflect on missed traditions Twitter Abortion access threatened as restrictive bills make their way through Texas Legislature center_img Bridey Brown Bridey Brown is a sophomore biology major and journalism minor from Flower Mound, Texas. She plans on pursuing a master’s and Ph.D. in biology in hopes of becoming a biology professor. When she’s not in lab, she enjoys playing music, drawing, and spending time with friends. The quarantined ship Diamond Princess is pictured through barbed wire at Yokohama port in Yokohama, near Tokyo Monday, Feb. 17, 2020. Japanese officials have confirmed 99 more people infected by the new virus aboard the ship, the Health Ministry said Monday. (Mayuko Isobe/Kyodo News via AP) Disney parks were alive with magic days before shutting down Facebook Essential workers face additional rules to limit spread of disease Linkedin ReddIt Bridey Brown Previous articleBaseball looks to continue strong start to season TuesdayNext articleHoroscope: February 18, 2020 Bridey Brown RELATED ARTICLESMORE FROM AUTHOR Linkedin What we’re reading: Former Vice President dies at 93, Chad President killed on frontlineslast_img read more