Government-linked housing scandal builds in South Korea

first_img HousingSouth Korea Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink Tags South Korean President Moon Jae-in, who vowed to crack down on corruption and curb real estate prices, is now dealing with a crisis involving the Korean Land and Housing Corporation. (Getty)A government-linked real estate scandal has erupted in South Korea weeks before a pair of key mayoral races seen as referendums on the country’s leader.President Moon Jae-in took office in 2017 with promises to crack down on government corruption and curb rising real estate prices. The latest scandal strengthens perceptions held by many South Koreans that government officials use their positions to unfairly enrich themselves, according to New York Times.The scandal centers on the government-run Korean Land and Housing Corporation, which is in charge of developing housing in the country.Last month, Moon’s administration announced it planned to build hundreds of thousands of new homes over the next four years, according to the Times.ADVERTISEMENTThe plan was a tightly-held secret until the announcement. Two civic groups recently reported that 10 agency officials months ago bought land in an area southwest of Seoul pegged for government housing development.The government has since identified 20 other officials with the land agency suspected of using that information to buy land later slated for development.Housing in South Korea has become unaffordable for many young Koreans — housing prices in Seoul have increased 58 percent since Moon took office in mid-2017.Park Young-sik, a 29-year-old office worker, said the “scandal shows how some people in South Korea make a quick fortune through real estate foul play, while the rest of us can barely buy a house even if we toil and save for a lifetime.”[NYT] — Dennis Lynch last_img read more

Savon Scarver, Leki Fotu, Named To CBS Sports Preseason All-American Team

first_img Written by Tags: CBS Sports Preseason All-American Team/Leki Fotu/Savon Scarver/USU Football/Utah Football Brad James FacebookTwitterLinkedInEmailNEW YORK-Tuesday, Utah State junior wide receiver/kick returner Savon Scarver and senior defensive tackle Leki Fotu were named to the CBS Sports preseason All-American team.Scarver, a 5-11 190-pound speedster, was named as only the third Aggies All-American in program history in 2018 and was named to the CBS Sports’ preseason All-American first team.Scarver led the nation in kick returns, averaging 33.7 yards per return and tied for second nationally with two returns for scores.Fotu made the second team and posted three sacks in 2018 and 5.5 sacks in 2018. August 13, 2019 /Sports News – Local Savon Scarver, Leki Fotu, Named To CBS Sports Preseason All-American Teamlast_img read more

HMS King Alfred Reservists Attend Shipping Festival in Winchester

first_img View post tag: HMS View post tag: Reservists Authorities Proud Naval Reservists from HMS King Alfred, Portsmouth’s Royal Navy Reserve Unit represented the Senior Service on 13 June by leading the Colour Party bearing the White Ensign into Winchester’s Shipping Festival.Chief Petty Officer Ken Turley, Petty Officer Ian Lane and Leading Hand Miranda Cracknell-Burt led an impressive, colourful array of Ensigns and Standards into the ancient flower-filled cathedral for the annual service of dedication which celebrates and gives thanks to God for the continuing prosperity of the shipping industry and the safety of seafarers.The Festival’s organisers, Southampton Master Mariners Club were delighted to welcome HRH The Princess Royal to the Winchester cathedral’s special seafarer’s service.A keen and accomplished sailor The Princess Royal supports numerous maritime organisations.She is a Master of Trinity House, Patron of the Missions to Seafarers and recently agreed to become a Stowaway of the Master Mariners club based in Southampton.Commanding Officer of HMS King Alfred, Commander Anthony Stickland RD RNR was present at the Service accompanied by the RNR unit’s Chaplain, Reverend Bernard Clarke.Cdr Stickland said:“With the cathedral looking magnificent, bedecked with flowers, the numerous Standard bearers made a wonderful sight, I was very proud that HMS King Alfred’s Naval Reservists were bearing the White Ensign on behalf of the entire Naval Service.“Winchester has a deep history associated with the Saxon King Alfred so it is entirely appropriate that HMS King Alfred was there to support this important dedication in Winchester, the ancient capital city of England and county town of Hampshire.”Two other members of the Royal Naval Reserve were also present, Captain Nigel Bassett and Lt Cdr Andrew Robinson but on this occasion not wearing the Senior Service’s uniform.Lt Cdr Robinson wore his ceremonial robes as the Chief Executive of the Diocese of Winchester while Captain Nigel Bassett was also present in his civilian capacity as a Master Mariner and Senior Marine Pilot in Southampton Port.The Princess Royal read the lesson at the cathedral while the Evening Service of Dedication was conducted by the Bishop of Southampton, the Right Reverend Jonathan Frost by kind permission of the Dean and Chapter of Winchester.Also on parade were the Red and Blue Ensigns of the Merchant Navy, Royal Fleet Auxiliary, HM Coastguard, and Army Ensign worn by Her Majesty’s Army vessels.The National Ensigns were received by The Very Reverend James Atwell Dean of Winchester.The Royal Naval Association, the Association of WRNS, the Royal Marines Association and Merchant Navy Association carried their Standards.Cadets from the Southampton, Winchester and Portsmouth units of the Sea Cadets Corps carried the flags of the Mission to Seafarers, the Apostleship of the Sea and the Sailors Society.They also carried flags of Shipping companies and organisations associated with Southampton.[mappress]Press Release, June 17, 2013; Image: Royal Navy View post tag: Defence Share this article View post tag: europe June 17, 2013 View post tag: UK View post tag: Winchester View post tag: Kingcenter_img View post tag: Alfred View post tag: Naval View post tag: Navy View post tag: SHIPPING Back to overview,Home naval-today HMS King Alfred Reservists Attend Shipping Festival in Winchester View post tag: attend View post tag: News by topic HMS King Alfred Reservists Attend Shipping Festival in Winchester View post tag: FESTIVALlast_img read more

Speech: Saudi reformer Mohammed bin Salman deserves our support: article by Boris Johnson

first_img Follow the Foreign Secretary on Twitter @BorisJohnson and Facebook For journalists It was 73 years ago – almost to the day – that Winston Churchill travelled to Fayoum Oasis in Egypt for a meeting with the King of Saudi Arabia.“His own cup-bearer from Mecca offered me a glass of water from its sacred well, the most delicious that I had ever tasted,” wrote Churchill of this encounter with King Abdulaziz Ibn Saud.If that meeting in the desert was an early chapter in relations between Britain and Saudi Arabia, then we will turn a new page on March 7 when Ibn Saud’s grandson, Crown Prince Mohammed bin Salman, visits London.There will be those who would object to engaging with a kingdom that is a powerhouse of the Middle East and, incidentally, one of Britain’s oldest friends in the region.If you have any sympathy with such views, then let me highlight a few salient facts.In the 8 months since Mohammed bin Salman became Crown Prince, Saudi Arabia has introduced exactly the kind of reforms that we have always advocated.The ban on women driving cars has been overturned. Gender segregation has been relaxed. The kingdom has adopted an official target for women to account for 30% of the workforce: in February women were allowed to register their own businesses. Women now attend sporting events and from next month cinemas will open their doors to everybody.If you are inclined to dismiss these advances, then I will respectfully suggest that you are making a profound mistake. Change does not come easily in Saudi Arabia. In a matter of a few months, genuine reform has taken place after decades of stasis.And that fact tells an important story. The Crown Prince and his father King Salman have together embarked on the social and economic renewal of Saudi Arabia, launching a national programme known as Vision 2030.Last October, Crown Prince Mohammed bin Salman said the overarching goal was to build a “country of moderate Islam that is open to all religions and to the world”. He also promised to “eradicate promoters of extremist thoughts”.If you are tempted to brush off those phrases as platitudes aimed at outsiders, consider that the Crown Prince was speaking not in English in some Western capital but in Arabic to an audience in Riyadh. His words have been given meaning by the establishment in his capital of a new centre to counter terrorist financing.What conclusion should we draw? I believe that the Crown Prince, who is only 32, has demonstrated by word and deed that he aims to guide Saudi Arabia in a more open direction.The worst response would be for Britain to criticise from the sidelines or shun the kingdom altogether; instead our role must be to encourage him along this path.Be in no doubt: the future of Saudi Arabia – and indeed the region and the wider Muslim world – depends on his success.Hence the importance of the Crown Prince’s visit to London. This will be a chance to strengthen our relationship with Saudi Arabia both as an end in itself and the best means of promoting reform.I will not minimise Britain’s differences with the kingdom. I want Saudi Arabia to do more to protect human rights. But we cannot deliver these messages or resolve our disagreements unless we meet the kingdom’s leaders.Nor can we uphold the British national interest. Remember that tens of thousands of British jobs depend on our exports to Saudi Arabia, which climbed to £6.2 billion in 2016, a 41% increase since 2010.When it comes to keeping Britain safe, intelligence from Saudi Arabia has been crucial in the struggle against terrorism. The simple truth is that British lives have been saved and attacks prevented because of our security cooperation with Saudi Arabia.This relationship has long been important for global security. Saudi Arabia was a firm ally during the Cold War and, amid all the turbulence of the Middle East, the kingdom has generally acted as a force for stability and moderation. It was the late King Abdullah who threw his diplomatic weight behind a 2-state solution to the Arab-Israeli conflict by proposing the bold Arab Peace Initiative.Today Britain and Saudi Arabia are working together to counter Iran’s disruptive behaviour in the Middle East and bring the war in Yemen to an end. Last year, King Salman took the far-sighted decision to pursue a rapprochement with the Shia-led government in Iraq, something that will help to stabilise the country after the defeat of Daesh.You might reply that far more needs to be done to reach a peaceful settlement in Yemen and ensure that aid gets through to everyone in need. I agree. That is exactly why we need to discuss these vital matters with the Crown Prince during his visit to the UK.Our foreign policy is designed to promote the safety and prosperity of the British people while upholding our values as a force for good. We cannot achieve any of these goals unless we meet the leaders of Saudi Arabia on equal and friendly terms.That was true when Churchill drank the spring water of Mecca with Ibn Saud in 1945 – and it remains true today.Further information Media enquiries Follow the Foreign Office on Twitter @foreignoffice and Facebook Email [email protected] Follow the Foreign Office on Instagram, YouTube and LinkedInlast_img read more

The Wailers, Greensky Bluegrass, The Motet, & More Perform The Rooster Walk [Photos]

first_imgLoad remaining images Rooster Walk Music & Arts Festival returned for its ninth year at the pastoral Pop’s Farm in Martinsville, Virginia, over Memorial Day weekend. The diverse lineup featured some of our favorite acts from across a number of different genres, with headlining performances from Greensky Bluegrass, The Wailers, and Anders Osborne. The weekend included stand-out shows from The Motet, The Pimps of Joytime, Eric Krasno Band, The Nth Power, Mandolin Orange, Anderson East, Marcus King Band, Mountain Heart, Mipso, Yarn, and many others.The festival attendees were also treated to a number of activities ranging from disc golf and yoga to, for those who were feeling particularly ambitious, a 5K race on the grounds. A portion of the festival’s proceeds went to Penn-Shank Memorial Scholarship and the Rooster Walk Music Instrument Program for entry-level band programs in local public schools.Photographer Sam Shinault was on the scene, and has shared the gallery below:Rooster Walk Music & Arts Festival | Martinsville, VA | Photos By Sam Shinaultlast_img read more

Roberts to give Wyeth Lecture at National Gallery of Art

first_imgJennifer Roberts, the Elizabeth Cary Agassiz Professor of the Humanities and chair of the Committee on Degrees in American Studies, will give the Wyeth Lecture at the National Gallery of Art’s Center for Advanced Study in the Visual Arts on Jan. 20.Roberts’ lecture will focus on the matrix – be it a plate, block, screen, or stone – used to create prints. The matrix is the reversal of any image put to surface. More profoundly, she argues, the matrix and its reversal imprint a “negative intelligence” on the works of art they create.Roberts’ lecture will investigate reversal as more than a fundamental operation of printmaking. It will delve into reversal as a new way of thinking about art, and an opportunity to expand the narratives of our American masters.A number of prominent American artists were apprenticed as engravers or trained as lithographers, Roberts said, giving her the opportunity to address reversal across generations, from Joseph Breintnall’s nature prints in the 1730s to Jasper Johns’ handprints in the 1960s, with a core focus on the nineteenth century work of James McNeill Whistler.Roberts theorizes that because reversal is essential to the reproduction of art, it should inform thinking about patterning, generation, negation and the visualization of alternative dimensions. Beneath the plane of reversal lurks a certain mystery and secrecy, “the other side” of any form.Roberts’ Wyeth Lecture, titled “Reversing American Art,” will take place Nov. 20 at 4:30 p.m. in the East Building Auditorium. All Wyeth Lectures are free and open to the public.last_img read more

Beanie Feldstein to Make Broadway Debut in Hello, Dolly!

first_img Related Shows Show Closed This production ended its run on Aug. 25, 2018 Beanie Feldstein will complete the principal casting for the eagerly anticipated revival of Hello, Dolly!, starring Bette Midler and David Hyde Pierce. Helmed by four-time Tony winner Jerry Zaks and choreographed by Tony winner Warren Carlyle, performances will begin at the Shubert Theatre on March 15, 2017 with an opening night scheduled for April 20.Feldstein is set to take on the role of Minnie Fay and recently starred in the film Neighbors 2: Sorority Rising alongside Seth Rogen, Zac Efron, Rose Byrne and Chloe Moretz; upcoming projects include The Female Brain alongside Sofía Vergara, and also Lady Bird alongside Saoirse Ronan. This is her Broadway debut.The previously announced cast will also include Gavin Creel, Kate Baldwin, Taylor Trensch, Will Burton, Melanie Moore and Jennifer Simard.Featuring music and lyrics by Jerry Herman and a book by Michael Stewart, Hello, Dolly! tells the story of an outspoken matchmaker and her attempts to marry “half-a-millionaire” Horace Vandergelder. The tuner took home the 1964 Tony Award for Best Musical following its Great White Way premiere at the St. James Theatre.This production will mark the first mounting of Hello, Dolly! on Broadway since 1995, which was headlined by original star and Tony winner Carol Channing. A 1969 film adaptation starred Barbra Streisand in the titular role.Matilda, the current occupant of the Shubert, is scheduled to close on January 1, 2017. Beanie Feldstein Beanie Feldsteincenter_img View Comments Star Files Hello, Dolly!last_img read more

10 Ways to While Away the Summer in Southwest Virginia

first_imgSeekout the perfect picnic spot and get an eyeful of southwest Virginia’smountain-silhouetted vistas with a cruise on the nearly 50-mile MountRogers Scenic Byway. The scenic roadway showcaseswoodland-blanketed slopes, bucolic meadows, and gushing trout streams all whileskirting Whitetop Mountain, the second highest summit in the state. One of the most memorable ways to explore the high-country wilderness of Southwest Virginia is on horseback. The area is also especially conducive to equine escapes. A network of bridle trails includes the 68-mile Virginia Highlands Horse Trail, and you’ll find equine-friendly campsites spread throughout the Mount Rogers National Recreation Area. An old-fashioned fishing trip is arguably the best way to spend a warm weather day—even if you don’t get a single bite. Luckily, the chances of coming up empty-handed are slim in Southwest Virginia. The region is loaded with some of the premier fishing spots in the state, from icy trout streams lacing mountain forests to massive lakes. 5. Find the Perfect Picnic Spot Usherin warmer weather, longer days, and the seasonal rotation of flavors inSouthwest Virginia. First peruse the bounty of fresh, locally sourced offeringsavailable at the Abingdon Farmers Market. After the market, head over to the Wolf HillsBrewing Company, which also plays host to a regularentertainment line-up, including everything from live music to trivia nights. 6. Take an Old-Fashioned Fishing Trip 3. High Country on Horseback Blanketedby a generous swath of the Jefferson National Forest, dappled with an eclecticpatchwork of wilderness areas, Southwest Virginia is a veritable backpacker’sbuffet—with plenty to offer trail-lovers after more than a mere day hike. Two women enjoy reading a book while floating on South Holston Lake near Abingdon, VA on Sunday, June 9, 2013. Copyright 2013 Jason Barnette 10. Hit the Water Sara Reese, a resident artist, works on a new piece in her studio at The Arts Depot in Abingdon, VA on Friday, October 19, 2012. Copyright 2012 Jason Barnette A man flyfishes near the weir dam in the South Holston River at Osceola Island near Bristol, TN on Sunday, June 9, 2013. Copyright 2013 Jason Barnette Lakes are the ultimate warm weather escape—a refreshing dip makes for the perfect finish to a hike, ride, or run. Luckily, Southwest Virginia is not only filled with trails, the region is also scattered with several sprawling lakes. Looking for moving water instead? Southwest Virginia is also braided with runnable rivers. Paddle or float the North Fork of the Holston River with Adventure Mendota, located outside Abingdon. center_img 8. Hike the Appalachian Trail A group leader watches as young backpackers admire a wild pony near the edge of Grayson Highlands State Park at Mile 493 on the Appalachian Trail in VA on Sunday, July 29, 2012. Copyright 2012 Jason Barnette InSouthwest Virginia, you can mingle with an array of local artisans—such asmembers of Round the Mountain: Southwest Virginia Artisan Network, or the Arts Depot, a community-based gallery for local artists also located in Abingdon.Patronize the performing arts and catch a show at the Barter Theatre, one of the country’s longest-operating playhouses. 9. Coast the Creeper ExploreSouthwest Virginia on wheels on one of the state’s most stunning bike trails.Tracing the route used by the steam locomotives of the Norfolk & WesternRailway, the Virginia Creeper Trail runs 34.3-miles from Abington to Whitetop Station. Outfitterslike the Virginia Creeper Trail Bike Shopoffer bike rentals and can arrange trail shuttles for riders so you can enjoy aone-way journey downhill. Askalmost any Appalachian Trail thru-hiker and they will tell you the stretch insouthwest Virginia is one of the highlights of the entire 2,190-mile footpath.But the region is not just home to some of the trail’s most stunning scenery,Southwest Virginia is also loaded with backpacker-friendly towns and theirrenowned “trail angels.” 2. Flavors of the Season 1. Head for the Backcountry Southwest Virginia is the perfect place to while away the summer. With the state’s loftiest peaks, expansive wilderness areas, and a large chunk of the massive Jefferson National Forest, the southwest corner of the state is loaded with potential for outdoor adventure. The area is also a cultural hub, offering everything from artisan-fueled markets to legendary performing venues like the Barter Theatre in Abingdon, VA. 4. Get Artsy Doesyour favorite road-trip buddy have four legs and a tail? The wild spaces ofSouthwest Virginia are ideal for exploring with your favorite outdoor-lovingcanine. Best of all, dogs are allowed in all Virginia State Parks—and SouthwestVirginia is home to several of the most stunning recreation areas in thestate.  7. Dogs Days of Summer last_img read more

EMV: A stepping stone to mobile

first_imgU.S. credit unions are gearing up for the transition to EMV-compliant credit and debit cards (aka “chip” cards) – a move that has the potential to reduce fraud and increase security in certain payment transactions.A newly released Association for Financial Professionals report shows that 62 percent of surveyed financial professionals reported their firms were targeted by payment fraud in 2014; this same report also shows that 92 percent of respondents “firmly believe” EMV cards will be effective in reducing point-of-sale fraud.But in addition to helping reduce fraud, EMV is part of a broader change in how consumers are paying for goods and services. Consumers can use an EMV card at the point of sale to conduct a contactless “tap and go” transaction. These contactless EMV transactions will feel similar to smartphone-enabled payments, such as Apple Pay, Samsung Pay and Google Wallet, both in terms of how they take place—and how fast.For consumers, the convenience of “tap and go” smartphone and EMV transactions will ultimately drive a demand for faster, real-time financial services – including enhanced mobile banking and payment applications, remote deposit capabilities, loan application approvals, person-to-person payments, automatic payments, bill-pay transactions and account alerts via mobile. continue reading » 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

This week: NAFCU urging CU advocacy, following NCUA budget briefing, RBC rulemaking

first_imgSenate and House lawmakers are in their home districts and states though the Nov. 6 midterm elections, providing a great opportunity for credit unions to reach out on top industry issues as NAFCU continues its award-winning advocacy on Capitol Hill.On Wednesday, NAFCU Board Chair Jeanne Kucey (president and CEO of JetStream Federal Credit Union) will provide comments on the NCUA’s draft 2019 and 2020 budgets during a briefing. NAFCU has long supported public budget briefings to help ensure transparency and accountability in the budgeting process. The budgets estimate $304.4 million in spending for 2019 and $316.2 million in spending for 2020.On Thursday, the NCUA Board is expected to finalize a rule to amend its risk-based capital (RBC) rule and issue a proposed rule to modernize the Federal Credit Union (FCU) Bylaws.Also this week, NAFCU’s Regulatory Committee holds its monthly meeting Tuesday. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more