Did you miss these stories over the weekend?

first_imgAfter standing behind an armored vehicle on 57th Street for nearly 12 hours last Saturday, Feb. 5, West New York Mayor Felix Roque had a lot of time to think about the harrowing event that took place in Hudson County that day, and what it means for how veterans are treated when they come home from war. Earlier that day, a call came in to the police in North Bergen, a town that shares a border with West New York. Emmanuel Hernandez, 27, of West New York, had reportedly been seen inside a red Infiniti with a firearm on Kennedy Boulevard at about 2 a.m. North Bergen police caught up with Hernandez – an Army veteran who served honorably in Iraq – at about 2:20 a.m. at the QuickChek on Kennedy Boulevard. When they approached him, he reportedly became defensive and, as he fled in his car, he allegedly ran over a cop’s foot and struck the police vehicle. Click here for more. In Jersey City, in a room nearly as long as a football field, Mayor Steven Fulop kicked off a marathon series of speeches that in total are meant to serve as his State of the City address for 2017. “Although required by law to give a state of the city address, Mayor Fulop decided to do one in every ward this year,” said At-Large Councilwoman Joyce Waterman, introducing the mayor at the first of six events on Feb. 7. Holding the first in the Mary McLeod Bethune Center on Martin Luther King Drive, Fulop came to the heart of the poorest and most troubled section of the city – Ward F. This section of town, which runs from Liberty State Park into the center of the city, is plagued with violence and poverty. It poses the biggest challenges for a municipality that is otherwise seeing the biggest economic boom since Alexander Hamilton helped found it as a port city. Click here for more.After the death of Adrian Rivera, the 18-year-old Hoboken Housing Authority resident who was shot to death in his home on Jan. 24, Hoboken officials hosted a public meeting last week to discuss safety concerns and drug usage in the area. “We wanted to make sure that all levels of communication were open,” said 4th Ward Councilman Ruben Ramos, who actually had begun organizing the community meeting last December. According to Hudson County Prosecutor Esther Suarez, Rivera was the victim of a targeted attack. This was “Not a random act of violence,” said Suarez at the meeting. “We believe based on the investigation he may have been targeted or at the very least followed.” Click here for more. ×last_img read more

Jakarta closes Ancol and Monas parks, Ragunan Zoo to contain COVID-19

first_imgAside from public transportation, public services such as district and subdistrict offices, community health centers, as well as mayor and governor offices will be operating as well.“We have also prepared protocols for public or religious events, which we will inform the public about soon,” Anies added.A Flourish mapAnies also asked business owners to prepare for a protocol for remote working for private businesses.“We have yet to prepare a protocol for that, but offices and companies have to prepare for the protocols and procedures. We did not wish for this to happen, but at least they will be prepared if something happens,” Anies said.On Friday, the Health Ministry’s disease control and prevention director general Achmad Yurianto announced that the number of coronavirus cases in Indonesia had increased to 69 with 35 new cases.The ministry has recorded four deaths so far. Two of the three new fatalities are Case 35 and 36, identified as a 57-year-old woman and a 37-year-old woman, who died in Sulianto Saroso Infectious Hospital. (dpk)Topics : Tourist destinations and entertainment places owned by the Jakarta administration will be temporarily closed for two weeks in light of the COVID-19 pandemic, Jakarta Governor Anies Baswedan said on Friday.The destinations are Ancol Dreamland Park, Ragunan Zoo, the National Monument and government-owned museums.“Public transportation will be operating as usual,” Anies said, adding that Car Free Day would be suspended as well to minimize contacts in open public space.last_img read more

Pandemic to cause ‘immediate effect’ on INPS financial sustainability

first_imgThe COVID-19 pandemic will likely have an impact on the financial sustainability of the Italian pension system, in particular on the Istituto Nazionale di Previdenza Sociale (INPS), the main entity of the country’s public retirement system.Andrea Scaffidi, head of retirement for Italy at Willis Towers Watson, told IPE that the drop in contributions caused by the unemployed, salary cuts, and the increase in expenditure for INPS’ social security pay outs “will certainly generate an immediate effect on the financial stability of the institute, exposed to bigger expenses and lower income”.INPS may see its performance worsen with the need to finance its deficit.In general, Scaffidi added, the consequences of a macroeconomic crisis relate to the financial and the social sustainability of a pension system. Such effects usually progress slowly. INPS’ operating results in 2019 stood at -€7.2bn, with a deficit of €10.9bnFor pension funds, unemployment and wage cuts, among other things, have had and will certainly have effects on assets and net contribution flows.“This will imply a different investment capacity that has led and could lead to a drop in earning opportunities because of a lack of new resources to be used during a phase of reduction in the values of the securities, even if the main markets have had a ‘V shape’ performance” he said.Contributions in Casse di Previdenza, which are linked to salaries and income of self-employed enrolled in the Casse, will suffer a contraction and realistically the number of new members will be further impacted, Scaffidi said.INPS officials did not comment by time of publication.To read the digital edition of IPE’s latest magazine click here. This is true especially for the Italian system, which after its 2012 reform operates as a “contributory” system, Scaffidi added.INPS had already recorded negative results before the pandemic started to hit Italy hard in February and March of this year.Its operating results in 2019 stood at -€7.2bn, with a deficit of €10.9bn, and an allocation for legal reserves worth -€3.7bn, according to INPS’ latest financial statement.Paradoxically, according to Scaffidi, the financial situation at INPS will not in turn have an impact on pensioners.Reductions in pensions contributions during the crisis, however, will generate negative effects “pro-quota” on future benefits for pensioners, alongside a lack of, or limited, appreciation of the individual contributions based on lacklustre GDP growth.Contributions are reassessed annually according to the growth of GDP, and therefore of the country’s economy.“The financial sustainability of INPS is very worrying,” Scaffidi said, adding that aside from general taxation, INPS will need “a different plan for expenditures for pension or welfare benefits”.last_img read more

2 killed in Burundi Bar Attack

first_imgA police officer and a teacher were shot dead in a bar in Eastern Burundi by four gunmen on Monday, a local governor reportedly said, the latest attack in months of unrest in the East African country.The attack took place in the town of Gisuru.“This is the first time that our province is attacked in this way,” said Abdallah Hassan, the governor of Ruyigi district, close to the Tanzanian border.“They opened fire on customers and killed a police officer and a head teacher, before leaving without stealing anything,” he added.Burundi descended into violence in April after President Pierre Nkurunziza decided to run for a third consecutive term in office despite concerns over the legality of the move.At least 240 people have been killed, as more than 200,000 have fled the country.US President Barack Obama on Monday imposed sanctions on Public Security Minister Alain Guillaume Bunyoni, the regime’s number two, and three others, linking them to the country’s tumble into violence.The US action imposes visa restrictions on the four and blocks their US assets, a White House statement said, adding that it was considering similar action against other individuals.last_img read more