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Press Release

Note to Correspondents: Joint Press Release Annual Meeting Between Secretariats of ASEAN and the United Nations

By on Sep 24, 2017 in Press Release | 0 comments

NEW YORK, 22 September 2017- The Secretariats of ASEAN and the United Nations, acknowledged the strong cooperation and collaboration between both organizations at their annual meeting held at the UN Headquarters yesterday. This annual Secretariat-to-Secretariat Meeting was established in March 2011 as a formal mechanism to consolidate and strengthen ASEAN-UN relations, review projects and activities and decide on new areas of cooperation and collaboration. Yesterday’s Meeting reviewed the progress of implementation of the first ASEAN-UN Plan of Action (2016-2020), which was adopted in September 2016. This is a wide-ranging, comprehensive Plan promoting ASEAN-UN cooperation in areas such as peace and security, economic integration, disaster response and sustainable development. Both sides recognised the good progress in the implementation of the Plan of Action as a reflection of the commitment of ASEAN and the UN to work together for mutual benefit and to share experiences. They welcomed the adoption of the first ASEAN-UN Action Plan on Environment and Climate Change (2016-2020) on 13 September 2017 in Brunei Darussalam. In their discussion, both sides reiterated that clear complementarities between the ASEAN Community Vision 2025 and the UN 2030 Agenda for Sustainable Development have the potential to promote comprehensive regional solutions. A joint report by Thailand, the ASEAN Secretariat and UN ESCAP on the complementarities will be launched at the ASEAN-UN Summit in November 2017. Secretary-General of ASEAN, Le Luong Minh, highlighted that the two Secretariats’ collaboration is an important aspect of the ASEAN-UN Comprehensive Partnership, and its role has gone beyond reporting progress implementation of the Plan of Action, but also to review and explore potential areas of cooperation between the two organisations. He added that it has become more important than ever to create a network of effective and mutually reinforcing regional and global mechanisms that would be responsive to current peace and security challenges. Head of the UN Secretariat delegation, Assistant Secretary-General for Political Affairs, Miroslav Jenèa, stressed: “The United Nations’ engagement with regional organisations is increasingly important in implementing the Secretary-General’s prevention initiative in addressing pressing global and regional challenges, and in this context the ASEAN-UN Comprehensive Partnership is of vital and growing importance across all areas of the UN’s work.” The Secretariat-to-Secretariat Meeting was co-chaired by Secretary-General Le...

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Battlegrounds Developer Attacks Fortnite For ‘Replicating’ Game

By on Sep 24, 2017 in Press Release | 0 comments

Earlier this month, developer Epic Games announced a Battle Royale mode for its game Fortnite, and as it turns out, the makers of that other Battle Royale game aren’t too thrilled. In a press release this morning, PlayerUnknown’s Battlegrounds developer Bluehole took a shot at Epic Games, calling out Fortnite for cloning the 100-man PVP gameplay style with its upcoming free update ‘Battle Royale.’ Advertisement “We’ve had an ongoing relationship with Epic Games throughout PUBG’s development as they are the creators of [Unreal Engine 4], the engine we licensed for the game,” Bluehole vice president Chang Han Kim said in the press release. “After listening to the growing feedback from our community and reviewing the gameplay for ourselves, we are concerned that Fortnite may be replicating the experience for which PUBG is known.” And he kept going: “We have also noticed that Epic Games references PUBG in the promotion of Fortnite to their community and in communications with the press. This was never discussed with us and we don’t feel that it’s right.” This may be a reference to Epic creative director Donald Mustard’s note on the PlayStation Blog, in which he wrote: “We love Battle Royale games like PUBG and thought Fortnite would make a great foundation for our own version.” Advertisement Bluehole’s Kim closed the press release with the ominous note that he and his company plan to “contemplate further action.” This is some good drama. One might even say that both companies just jumped off a plane into a big battlefield, and that the last one standing will...

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Press Release: NORTHBAY TRAUMA CENTER EARNS 3-YEAR VERIFICATION

By on Sep 23, 2017 in Press Release | 0 comments

NorthBay Trauma Center received a remarkable review from the American College of Surgeons, earning a three-year verification, the longest possible, during a recent assessment by the nationally known leader in trauma. At the conclusion of a meticulous two-day review earlier this year, ACS surveyors found no deficiencies in the Fairfield-based Level II trauma center. “To have the most rigorous verification organization in the country come, examine our program and validate that we provide optimal care for the critically injured patients in our community is extremely gratifying,” said Dr. J. Peter Zopfi, Trauma medical director at NorthBay Healthcare. “It solidified our commitment not only to those in need of life-saving care, but also to our community, which deserves the highest level of care.” “The hospital functions as an essential component of the Solano County emergency response system at multiple levels,” evaluators wrote in their report, adding that NorthBay Medical Center works effectively with UCSF Benioff Children’s Hospital and nearby academic hospitals’ trauma units to provide more advanced care that creates “a novel solution to a community need.” NorthBay Trauma Center received high marks for its performance improvement efforts, its community education programs and its commitment to helping train pre-hospital emergency response teams to ensure the best possible outcome for critically injured patients. “The program is very active in the community in education and outreach activities,” reviewers said. Dr. Zopfi and Trauma Program Director Heather Venezio were singled out as “knowledgeable and organized with systems in place for effective management of the program,” as well as being leaders in the community. “Achieving and maintaining the highest level of verification from the ACS is no small feat,” explained Heather. “These are exceptional experts in the field. They understand trauma requires collaboration of every person on the team who comes into contact with a critically injured patient.” In a letter to NorthBay President and CEO B. Konard Jones, the two leaders of the ACS’s Verification Review Committee, R. Todd Maxson, MD, and Daniel Margulies, MD, wrote, “The Committee on Trauma would like to extend its congratulations to the NorthBay Medical Center on its verification as a Level II trauma center.” Other strengths that set NorthBay Trauma Center apart from most programs, the examiners...

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Pershing Square Sends Communication to Investors Regarding Press Release to ADP Shareholders

By on Sep 23, 2017 in Press Release | 0 comments

AMSTERDAM–(BUSINESS WIRE)–Pershing Square Holdings, Ltd. (LN:PSH) (NA:PSH) today released an email sent from Pershing Square Capital Management, L.P. to its investors. The text of the email is set forth below: Dear Pershing Square Investor, We want to provide some updates about one of our largest positions, ADP (NASDAQ: ADP). This past Wednesday, September 20, 2017, Pershing Square issued a press release that: Announced the publication of a letter to fellow ADP shareholders emphasizing the significant opportunity for improvement at the company. The full letter may be viewed here: Letter to ADP shareholders. Highlighted the first in a weekly series of unanswered questions for ADP. The question is available here: Question Unveiled the first in a series of videos for shareholders. The video may be viewed here: Video The complete press release is available here: press release. We will continue to update our web site www.ADPascending.com where you will find all of these and other materials. Should you wish to receive notification of updates to www.ADPascending.com, please go to the web site and submit your email address. In addition, on Wednesday, Bill appeared on CNBC to discuss our views on ADP. To watch the video please click here: CNBC video clip part 1 CNBC video clip part 2 If you have any questions, please feel free to contact us. Best Regards, Pershing Square IR IR@persq.com About Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. (LN:PSH) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments principally in North American...

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Federal Reserve Press Release in Plain English September 2017

By on Sep 22, 2017 in Press Release | 0 comments

The Federal Reserve had its September meeting the last two days and they chose to leave short-term interest rates right where they stand. That was more or less expected. The real water cooler gossip capturing the attention of most economic analysts is what the Fed would do in order to reduce the amount of assets on its balance sheet. This is important for many areas of finance, including mortgages. Almost a decade ago now, when the economy was in pretty rough shape, the Federal Reserve decided to help stimulate the economy by buying massive amounts of assets, including a ton of mortgage bonds in order to keep rates low. The Federal Reserve is the biggest purchaser of mortgage bonds in the market right now. When they start selling those bonds, it’s reasonable to assume yields will have to go up in order to attract other buyers. When that happens, rates may go up. As of right now, the Fed plans to start selling some of these assets in October. Fed officials have said they will be careful with the program so as not to cause any market shocks, but if you’re thinking of buying a house or refinancing right now, rates are looking really good. If you see a deal you like, don’t hesitate to lock your rate. The Fed specializes in speaking in “econo language,” so I put my plain English analysis of what they told us today in bold below. Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have remained solid in recent months, and the unemployment rate has stayed low. Household spending has been expanding at a moderate rate, and growth in business-fixed investment has picked up in recent quarters. On a 12-month basis, overall inflation and the measure excluding food and energy prices have declined this year and are running below 2 percent. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance. This is the “report card” paragraph where the teacher (the Fed) grades the student (U.S. Economy). The Fed gives...

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Press Release: Clean up in Barbuda

By on Sep 22, 2017 in Press Release | 0 comments

Director of NODS Philmore Mullin A number of persons representing key agencies travelled to Barbuda this morning to aid in the clean-up and restoration of the island. According to Director of the National Office of Disaster Services (NODS), Philmore Mullin, among the delegation are personnel from the Antigua Public Utilities Authority (APUA), the Central Board of Health (CBH), Defense Force, National Solid Waste Management Authority (NSWMA) and a number of Barbudan residents, Survey Department and the Emergency Medical Services (EMS). Mullin says the APUA workers are expected to begin working on their system to see how soon electricity and water can be restored to the island, while the other groups will be responsible for the cleaning of the island, paving way for the rebuilding process. CBH personnel will be specifically tasked with the fogging, disposal of dead animals and the pumping of stagnant water from the area. As it stands, Mullin says the team will travel over to the island every day until suitable arrangements can be made for their accommodations in the form of pre fab houses and tents. This work is estimated to take approximately 2 to 3 weeks.  – the end...

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