Beneficiaries – Clever Splitter http://cleversplitter.com/ Wed, 20 Oct 2021 21:55:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://cleversplitter.com/wp-content/uploads/2021/07/icon-2021-07-28T170948.334-150x150.png Beneficiaries – Clever Splitter http://cleversplitter.com/ 32 32 Medicaid beneficiaries could lose coverage • Chicago, police union clash over vaccine https://cleversplitter.com/medicaid-beneficiaries-could-lose-coverage-chicago-police-union-clash-over-vaccine/ https://cleversplitter.com/medicaid-beneficiaries-could-lose-coverage-chicago-police-union-clash-over-vaccine/#respond Mon, 18 Oct 2021 07:00:00 +0000 https://cleversplitter.com/medicaid-beneficiaries-could-lose-coverage-chicago-police-union-clash-over-vaccine/ RETURN-IN-ELIGIBILITY ASSESSMENTS COULD MAKE A LOT OF RETURN TO MEDICAID IN ILLINOIS: Hundreds of thousands of Illinois could lose their Medicaid health insurance next year when the state resumes eligibility exams that were suspended during the pandemic. Annual “redeterminations” of Medicaid eligibility were halted last year when the federal government declared COVID-19 a public health […]]]>

RETURN-IN-ELIGIBILITY ASSESSMENTS COULD MAKE A LOT OF RETURN TO MEDICAID IN ILLINOIS: Hundreds of thousands of Illinois could lose their Medicaid health insurance next year when the state resumes eligibility exams that were suspended during the pandemic.

Annual “redeterminations” of Medicaid eligibility were halted last year when the federal government declared COVID-19 a public health emergency. As a result, Medicaid registrations in the state increased nearly 30% to 2.7 million.

Those numbers are expected to drop when new determinations resume after the declaration of emergency expires on December 31. READ MORE.

CHICAGO PROSECUTES THE POLICE UNION FOR RESISTANCE TO THE VACCINE WARRANT: On Friday, the city’s vaccination mandate deadline day, Chicago Mayor Lori Lightfoot announced a lawsuit seeking an injunction against Fraternal Order of Police Lodge 7 and its chairman, John Catanzara, “for have committed, supported and encouraged a work stoppage or strike. “

Lightfoot is asking the court to prevent the union and Catanzara from encouraging any work stoppage or strike by refusing to comply with the city’s vaccination policy. This policy requires employees to report their immunization status or to be tested twice a week. READ MORE.

KANKAKEE NURSES ARE SUING HEALTH SYSTEM FOR REFUSAL OF MANDATE EXEMPTION: Six nurses who work for Riverside Healthcare in Kankakee have filed a lawsuit in Illinois circuit court, saying the threat of being fired for not receiving a COVID-19 vaccination is illegal because the system has rejected all exemption requests, according to a statement from the Liberty Justice Center.

The nurses are represented by the center, a national non-profit law firm that has taken a number of cases opposing the mask and vaccine warrants during the pandemic.

The statement said the center represents Neelie Panozzo, a nurse practitioner, and four other Riverside nurses who were told they would be fired on October 31 for their conscientious refusal to receive the COVID-19 vaccine. The center also represents Amy Memenga, a nurse and Riverside employee who was “fired in September when her exemption was denied,” the statement said.

Riverside Healthcare did not immediately respond to a request for comment.

NORTHWEST EXPERT CALLS MODERNA’S DECISION “GOOD SCIENCE”: The U.S. Food & Drug Administration’s Advisory Committee Recommendation for Moderna’s Half-Dose COVID-19 Vaccine Boosters Essentially Doubles the Amount of Vaccine Needed for Boosters and May Help Mitigate Side Effects, Dr Murphy , executive director of the Institute for Global Health at Northwestern Feinberg University School of Medicine, said in a statement.

“This gives consistency to the whole process and shows that FDA advisers agree that additional doses of these vaccines will be needed regardless of which vaccine you have received,” Murphy said in the statement. “It’s a great science because we are learning more about the best way to give people boosters.

A full decision on the committee’s recommendation for a third injection of Moderna, but at half-dose, for people 65 years of age and older and younger high-risk adults is still needed from the FDA.

The committee also reviewed booster shots for the Johnson & Johnson vaccine on Friday and recommended that all adults who received the J&J vaccine at least two months ago be able to receive a booster dose of the vaccine, including protection against the COVID virus. -19 is lower than that of Moderna. or Pfizer vaccines.

COVID-19 VACCINES, THE INFECTION MAY PROTECT FROM OTHER CORONAVIRUS: In a study published in the Journal of Clinical Investigation, scientists at Northwestern Medicine say they have shown, for the first time, that vaccines against coronaviruses and previous coronavirus infections can provide broad immunity against other similar coronaviruses.

“Until our study, what was not clear is that if you are exposed to coronavirus, could you benefit from cross-protection against other coronaviruses? And we’ve shown it to be, ”senior author Pablo Penaloza-MacMaster, assistant professor of microbiology-immunology at Northwestern University Feinberg School of Medicine said in a statement.

The three main families of coronaviruses that cause human disease are the Sarbecovirus, which includes the strain SARS-CoV-1 that was responsible for the 2003 outbreak of severe acute respiratory syndrome, or SARS, as well as SARS-CoV-2, who is responsible for COVID-19; Embecovirus, which includes OC43, often responsible for the common cold; and Merbecovirus, which is the virus responsible for Middle East respiratory syndrome, or MERS, first reported in 2012.

Plasma from humans vaccinated against SARS-CoV-2 produced antibodies that cross-reacted against SARS-CoV-1 – the cause of the 2003 SARS epidemic, the two sarbecoviruses. The vaccinated plasma also provided protection against the common cold coronavirus, an embecovirus, the statement said. Sarbecovirus and Embecovirus are two of the three families of coronaviruses, with Merbecovirus the third family. Merbecovirus includes the virus responsible for Middle East Respiratory Syndrome, or MERS, first reported in 2012.

The study also found that previous coronavirus infections may protect against subsequent infections with other coronaviruses, the statement said.

“Our study is helping us re-evaluate the concept of a universal vaccine against the coronavirus,” said Penaloza-MacMaster. “It is likely that there is not, but we could end up with a generic vaccine for each of the major coronavirus families, for example a universal Sarbecovirus vaccine for SARS-CoV-1, SARS-CoV- 2 and others related to SARS. coronavirus; or a universal Embecovirus for HCoV-OC43 and HKU1 which cause colds. “

OSF JOINS TECHNOLOGY-BASED HEALTH EQUITY PROGRAM IN CHICAGO: OSF HealthCare has joined SWITCH, an organization launched by City Tech Collaborative.

OSF, which is based in Peoria, will explore the possibility of expanding and commercializing the OSF CommunityConnect software platform to improve access to healthcare, education and disease prevention in underserved neighborhoods around of OSF HealthCare Little Company of Mary Hospital in Evergreen Park, the statement says. It will partner with Verizon and the University of Illinois Chicago Innovation Center to support the project.

COLLABORATION FOR HEALTH, THE CRPD LAUNCHES AN INCENTIVE PROGRAM FOR VACCINES: The Health First Collaborative’s Chicagoland Vaccine Partnership and the Chicago Department of Public Health hope to get Chicago residents vaccinated against COVID-19 by handing out $ 100 Visa gift cards.

The program, called Pay It Forward, raises funds, starting with $ 50,000 in seed funding from the Kadens Family Foundation, according to a statement from the collaboration. The Health First Collaborative is a project incubated by Michael Reese Health Trust.

“The COVID pandemic has hit many black and Latin communities in Chicago particularly hard,” Gayla Brockman, president and CEO of Michael Reese Health Trust, said in the statement. “Local health clinics are trusted partners and provide accessible health care in these communities. We wanted to partner with these clinics to ensure access to a full range of tools and resources to help their patients choose vaccination and connect to a nursing home.

The following federal health centers will participate in the pilot launch of the program: Access Community Health Network, Erie Family Health Centers, Esperanza Health Centers, Howard Brown Health, and Lawndale Christian Health Center. Everyone will design their own unique vaccine incentive campaign using gift cards.

A U OF C DEVELOPMENT TOOL TO PREDICT AUTISM DIAGNOSTICS: Researchers at the University of Chicago have developed a computational approach that they believe can reliably predict a possible diagnosis of autism spectrum disorder in young children, according to a university statement.

The tool would avoid the need for additional blood tests or procedures, using only diagnostic codes from previous doctor visits and could cut false-positive ASD diagnoses in half, the statement said.

While ASDs can be diagnosed as young as 2, false positives during initial screening can delay a confirmed diagnosis, the release said.

The new computational approach, which the researchers say examines the data as objectively as possible, may enable earlier intervention for patients by avoiding some of the pitfalls of traditional screening approaches, the statement said.

The study, a collaboration between the ZeD Lab and University of Chicago developmental pediatricians Dr. Michael E. Msall and Dr. Peter J. Smith, was published Oct. 6 in Science Advances.

TRANSCARENT PARTNERS WITH WALMART ON SELF-INSURED OFFER: Walmart and Transcarent, the digital healthcare concierge led by Chicago healthcare investor Glen Tullman, will work together to provide self-insured employers with new healthcare services, the companies said in a statement.

Specifically, Transcarent will be able to share Walmart’s low-cost pharmaceuticals and other services with self-insured employers, the release said, so employers of all sizes can take advantage of the size and scale of Walmart. Walmart.

PEOPLE ON THE MOVE

Michelle Millstone-Shroff was appointed to the Oak Brook Athletico Physical Therapy Board of Directors. Millstone-Shroff is a senior advisor at McKinsey & Company and is a board member and independent advisor to Public Storage, Party City, Neiman Marcus Group and Nanit.

Dr Ben Walker has been appointed director of healthcare products at Chicago-based Real Time Risk Solutions and will help the risk management company expand its healthcare product offering. Walker is a cardiologist specializing in general and preventive cardiology with North Carolina Heart and Vascular at UNC Rex Hospital.


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In 2022, social security beneficiaries will experience the largest increase in 39 years https://cleversplitter.com/in-2022-social-security-beneficiaries-will-experience-the-largest-increase-in-39-years/ https://cleversplitter.com/in-2022-social-security-beneficiaries-will-experience-the-largest-increase-in-39-years/#respond Thu, 14 Oct 2021 14:58:38 +0000 https://cleversplitter.com/in-2022-social-security-beneficiaries-will-experience-the-largest-increase-in-39-years/ It was 1983: the United States invaded Grenada. A gallon of gasoline costs 96 cents. Premiere of Michael Jackson’s “Thriller” video. That year was also the last time Social Security beneficiaries saw a larger increase in the cost of living than the one just announced for 2022. This year, Social Security benefits will increase by […]]]>

It was 1983: the United States invaded Grenada. A gallon of gasoline costs 96 cents. Premiere of Michael Jackson’s “Thriller” video. That year was also the last time Social Security beneficiaries saw a larger increase in the cost of living than the one just announced for 2022. This year, Social Security benefits will increase by $ 5. 9%, the largest increase since the 7.4% jump in 1983.

The increase in the cost of living is linked to the consumer price index, and the increase in inflation rates and gas prices caused by the ongoing coronavirus pandemic means that social security beneficiaries will experience a large increase in 2022. The 5.9% increase overshadows the 1.3% increase of last year, and over the past decade increases have only averaged 1 , 65%. The average monthly benefit of $ 1,565 in 2021 will increase from $ 92 per month to $ 1,657 per month for an individual beneficiary, or $ 19,884 per year.

Changes in the cost of living also affect the maximum amount of income subject to social security tax, which will drop from $ 142,800 to $ 147,000.

For 2022, the federal standard for monthly Supplemental Security Income (SSI) will be $ 841 for an individual and $ 1,261 for a couple.

Some of the increase, however, will be absorbed by higher premiums from Medicare Part B. The standard monthly premium for Medicare Part B enrollments has yet to be announced, but is expected to increase by $ 10 per month to reach 158. , $ 30.

Most beneficiaries will be able to find out their specific cost of living adjustment online by logging into my Social Security in December 2021. Although you can still receive your notice of increase by mail, you have the option of obtaining the notice online instead.

To learn more about 2022 Social Security benefit levels, click here.

Last modification: 10/14/2021

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Take care of your IRA beneficiaries – Monterey Herald https://cleversplitter.com/take-care-of-your-ira-beneficiaries-monterey-herald/ https://cleversplitter.com/take-care-of-your-ira-beneficiaries-monterey-herald/#respond Wed, 13 Oct 2021 18:24:32 +0000 https://cleversplitter.com/take-care-of-your-ira-beneficiaries-monterey-herald/ Question: My husband passed away last year. In the process of settling his estate, I contacted his IRA custodian to transfer his IRA to my account. I was completely surprised when they informed me that their IRA lists my mother-in-law as the primary beneficiary and me as the secondary beneficiary. Sadly, her mother passed away […]]]>

Question: My husband passed away last year. In the process of settling his estate, I contacted his IRA custodian to transfer his IRA to my account. I was completely surprised when they informed me that their IRA lists my mother-in-law as the primary beneficiary and me as the secondary beneficiary. Sadly, her mother passed away earlier this year. In this context, I have two questions: 1) Can my deceased husband name a primary beneficiary other than me (his wife) without my knowing it? 2) Now that my mother-in-law is also gone, do I still become an IRA beneficiary?

Reply: One of the most common and confusing estate planning mistakes is not keeping beneficiary designations for IRAs and pension plans up to date. It’s easy to see how it goes. People are busy, life throws a few curved balls at them and before you know it their heirs are tied in emotional knots as they grapple with all kinds of awkward and unpleasant questions. What was my deceased spouse or relative thinking? Did I do something wrong? Didn’t they love me like I thought they would? Wasn’t I a good spouse, a good son or a good daughter? These questions may seem absurd now, but after we die our actions, even unintentional ones, can have an amplified emotional impact on the lives of those who remain.

You can save your loved ones a lot of unnecessary anxiety with a little attention to a few details. It’s not difficult and it won’t take a long time, but it can bring a huge benefit to those you love. Simply call the financial institution that holds your IRA and ask them to tell you who your designated beneficiaries are. If you have a financial advisor, they can verify your IRA beneficiary designations for you. You should also send an email to your company’s HR department and ask them to tell you who is registered as the beneficiary of your company’s retirement plan. If you discover that the beneficiary designations are out of date, they will be able to help you correct them. Correcting an error in your beneficiary designation now will save your loved ones a lot of confusion, heartache and legal fees later. Now let’s go to your questions.

In a communal property state like California, each legal spouse is entitled to the property that both spouses own together. Community property includes income earned by spouses during their marriage and any income earned and saved in a retirement vehicle. Therefore, when a non-spouse is named as the primary beneficiary of an IRA or pension plan, the IRA custodian or plan administrator typically requires the non-beneficiary spouse to sign a waiver.

I am not a lawyer and this is not legal advice, but if you have not signed such a waiver, you may have a claim against the IRA’s assets. If your discussions with the IRA custodian aren’t going anywhere, you may need the help of a good lawyer. Look for someone with expertise in inheritance law or estate litigation.

One thing that might work against your claim is if the IRA was somehow considered separate property. For example, it could be separate property if the IRA was established and funded before your marriage. Again, this could become legally complex, so you can discuss this with a lawyer.

The fact that your mother-in-law is deceased probably does not affect your status as a secondary beneficiary. Since she died after your husband, if her primary beneficiary status is maintained, her estate still inherits your husband’s IRA.

Steven C. Merrell is a partner at Monterey Private Wealth Inc., an independent wealth management firm in Monterey. It welcomes your questions regarding investments, taxes, retirement or estate planning. Send your questions to: Steve Merrell, 2340 Garden Road Suite 202, Monterey, CA 93940 or e-mail them to smerrell@montereypw.com.


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Social security beneficiaries will see their wages increase by 5.9% https://cleversplitter.com/social-security-beneficiaries-will-see-their-wages-increase-by-5-9/ https://cleversplitter.com/social-security-beneficiaries-will-see-their-wages-increase-by-5-9/#respond Wed, 13 Oct 2021 15:56:15 +0000 https://cleversplitter.com/social-security-beneficiaries-will-see-their-wages-increase-by-5-9/ Inflation has been strong this year as the economy has come back to life after COVID-19 closures, boosted by the widespread availability of vaccines. Supply chain bottlenecks amid strong consumer demand contributed, raising the CPI for all urban workers by 5.4% in the past 12 months, and by 5.9 % for the CPI-W used to […]]]>

Inflation has been strong this year as the economy has come back to life after COVID-19 closures, boosted by the widespread availability of vaccines. Supply chain bottlenecks amid strong consumer demand contributed, raising the CPI for all urban workers by 5.4% in the past 12 months, and by 5.9 % for the CPI-W used to calculate social security benefits which represents a smaller subset of the population.

The last time there was a similar rise in the cost of living to the 2022 level, in 2008, it was followed by two years without adjustment as prices normalized. Inflation is not expected to fall as quickly as in 2008, but increases in the cost of living of benefits are likely to be smaller than usual over the next two to three years as prices fall below expectations, a SSA chief actuary Stephen C. Goss said Wednesday at an event hosted by the Bipartisan Policy Center, a think tank.

Declining benefit increases over the next two years and rising wages will likely dampen any changes in Social Security finances, Goss said.

Social security is funded by a 6.2% tax on wages paid by both workers and their employers, so for the self-employed the combined tax is 12.4%. The tax is assessed up to the cap on maximum annual earnings, and the increase in inflation means that a larger portion of wages will be subject to Social Security tax in 2022, reaching $ 147,000, against $ 142,800 currently.

Under pressure

Social security finances are under increasing pressure as the retiree population grows. The SSA estimated in August that retiree benefits would have to be cut by 24% from 2033 without legislation to consolidate the program, pushing back the depleted date of trust funds by one year from the previous estimate.


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Bauchi governor empowers 1,000 beneficiaries at Itas Gadau, LGA of Jama’are – The Sun Nigeria https://cleversplitter.com/bauchi-governor-empowers-1000-beneficiaries-at-itas-gadau-lga-of-jamaare-the-sun-nigeria/ https://cleversplitter.com/bauchi-governor-empowers-1000-beneficiaries-at-itas-gadau-lga-of-jamaare-the-sun-nigeria/#respond Mon, 11 Oct 2021 15:15:51 +0000 https://cleversplitter.com/bauchi-governor-empowers-1000-beneficiaries-at-itas-gadau-lga-of-jamaare-the-sun-nigeria/ By Paul Orude Bauchi Bauchi State Governor Senator Bala Mohammed empowered 1,000 people in Itas Gadau and Jama’are Local Government Areas as part of his Kaura Economic Empowerment Program (KEEP) to reduce poverty and create jobs among young people and women in the state, Empowerment facilities received by beneficiaries included cars, motorcycles, grinders, sewing machines, […]]]>

By Paul Orude Bauchi

Bauchi State Governor Senator Bala Mohammed empowered 1,000 people in Itas Gadau and Jama’are Local Government Areas as part of his Kaura Economic Empowerment Program (KEEP) to reduce poverty and create jobs among young people and women in the state,

Empowerment facilities received by beneficiaries included cars, motorcycles, grinders, sewing machines, vulcanization kits, livestock, poultry, fishing inputs as well as cash, among others, to enable them to start businesses.

Reporting the program in Itas and Jama’are respectively on Sunday, Governor Mohammed said the economic program had already been launched in the local government areas of Zaki, Gamawa, Ganjuwa, Darazo, Tafawa Balewa and Bogoro.

He said the program was a deliberate effort by the state government to holistically address the problem of unemployment and poverty in the state, especially among young people and women.

The governor, along with his deputy senator Baba Tela, his wife Aisha and other senior government officials, said that as a responsive and responsible government, it was not oblivious to the economic hardships experienced by the majority of the state’s population.

He said he took it upon himself to approach the difficulties with the utmost seriousness.

“As part of KEEP, a total of 1,000 tricycles, also known as Keke Napep, were distributed to Okada riders, commonly known as Achaba, in the form of low rate loans. This is a revolving credit with an open repayment so that other groups of Achaba runners can benefit from it.

“I am very happy to say that the program is very successful and that we have no defaults and very soon we will be donating another set of 1000 tricycles by the grace of God. 154 buses were purchased and distributed to members of the public in the form of auto-revolving loans.

I’m happy to note that commuters use these buses across the state and country.

“The Kaura Economic Empowerment Program package launched today is no different from the other six LGAs where the program was launched earlier.

“Items distributed to beneficiaries will include N50,000 in cash for 500 people per local government, three motorcycles for each of the LGA constituencies and N 100,000 in cash to be given to women and young leaders in each local government area, while buses will be given to each LGA

Mohammed praised state lawmakers, politicians and other appointees who empower people with their meager resources.

He said his government introduced empowerment programs after roads, schools, hospitals and other infrastructure were built in every nook and cranny of the state.

He said the contract for the building was awarded to indigenous contractors to empower them to operate statewide.

Speaking earlier, Hajiya Saadatu Bello Kirfi, State Commissioner of the Ministry of Cooperatives and Small and Medium Enterprises, 4,000 people have so far benefited from the program in eight local government areas of the state.

Saadatu said program implementation has reached an advanced stage towards empowering small and medium-sized enterprises in the state through partnership with NEXIM Bank, Bank of Industry and World Bank projects. .

She said the idea was to reduce the burden on government and encourage citizens to engage in meaningful endeavors.

The Commissioner urged beneficiaries to use the items they received with a high level of determination, dedication and desire for success.

Some of the beneficiaries who spoke with our correspondent in Jama’are and Itas Gadau Empowerment committed to making the best use of resources to become self-reliant.

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Land developers benefiting from the riparian project: LHC – Journal https://cleversplitter.com/land-developers-benefiting-from-the-riparian-project-lhc-journal/ https://cleversplitter.com/land-developers-benefiting-from-the-riparian-project-lhc-journal/#respond Fri, 08 Oct 2021 02:01:44 +0000 https://cleversplitter.com/land-developers-benefiting-from-the-riparian-project-lhc-journal/ LAHORE: The Lahore High Court observed on Thursday that apparently the Ravi Riverfront Urban Development Project (RRUDP) was for the benefit of property developers. Hearing a series of petitions against the project, Judge Shahid Karim further observed that the conversion of agricultural land into a housing project was unjustified as the country was already vulnerable […]]]>

LAHORE: The Lahore High Court observed on Thursday that apparently the Ravi Riverfront Urban Development Project (RRUDP) was for the benefit of property developers.

Hearing a series of petitions against the project, Judge Shahid Karim further observed that the conversion of agricultural land into a housing project was unjustified as the country was already vulnerable to food insecurity.

The judge regretted that no steps had been taken by the government of Punjab to allocate alternative land for agricultural purposes.

The court observed that the government must learn lessons from the 2013 law on the right to fair compensation and transparency in land acquisition passed by the Indian parliament.

The judge regrets that no alternative land for agriculture has been specified

Earlier, the lawyer for the Ravi Urban Development Authority (Ruda) submitted an amended response on the case.

The judge noted serious irregularities in the project and observed that the master plan had been approved by Ruda in December 2020 while the notification of land acquisition had been issued before it on October 6, 2020.

The judge noted that the master plan released by the LDA in 2016 for Lahore did not contain specific details about the riparian project.

A government lawyer told the court that the master plan approved by the LDA in 2016 was subsequently adopted by the Ruda in 2020.

Judge Karim observed that there was no mention of a new city near the Ravi River in the LDA master plan as the plan covered the entire city.

The judge also learned from a response from the forest service that the project would also result in the cutting of trees for residential buildings.

The judge adjourned the hearing for further arguments on October 12.

CONTEMPT: Judge Shahid Karim has advised Chief Secretary Kamran Afzal, Deputy Commissioner Umar Sher Chatha and Lahore Waste Management Company President Amjad Ali Awan on a contempt of court motion.

Representing the petitioner, attorney Sheraz Zaka argued that the court ordered the respondents on September 14 to clear the town of the garbage and rubbish heaps.

However, he said the respondents had violated the order and had been in contempt of court.

He asked the court to initiate contempt proceedings against the respondents.

TRAFFIC: Judge Shahid Karim on Thursday summoned officials from the Pakistan Cricket Board (PCB) and the city’s traffic police on Friday (today) to explain the road blockage due to cricket matches at the Gaddafi Stadium.

The judge observed that the free movement of citizens could not be blocked due to cricket matches.

On behalf of a petitioner, lawyer Zaka argued that citizens had been affected and traffic blockages would further exacerbate pollution levels, especially air pollution.

The judge observed that cricket matches could not be so deplorable in the city at the cost of restricting people’s rights.

Posted in Dawn, le 8 October 2021


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PM hands over the keys to 75,000 beneficiaries of the central housing program https://cleversplitter.com/pm-hands-over-the-keys-to-75000-beneficiaries-of-the-central-housing-program/ https://cleversplitter.com/pm-hands-over-the-keys-to-75000-beneficiaries-of-the-central-housing-program/#respond Tue, 05 Oct 2021 10:30:16 +0000 https://cleversplitter.com/pm-hands-over-the-keys-to-75000-beneficiaries-of-the-central-housing-program/ Prime Minister Narendra Modi inaugurated today ‘[email protected] – New Urban India: Transforming Urban Landscape ‘Conference-cum-Expo, stating that his government has made a very serious effort to overcome the problems and challenges of the urban middle class. “The Real Estate Regulatory Authority (RERA) act was such an important step. This law has helped lift the entire […]]]>

Prime Minister Narendra Modi inaugurated today ‘[email protected] – New Urban India: Transforming Urban Landscape ‘Conference-cum-Expo, stating that his government has made a very serious effort to overcome the problems and challenges of the urban middle class.

“The Real Estate Regulatory Authority (RERA) act was such an important step. This law has helped lift the entire housing sector out of mistrust and fraud and has helped and empowered all stakeholders, ”he said at the opening ceremony in Lucknow.

Modi digitally handed over the keys to Pradhan Mantri Awas Yojana – Urban (PMAY-U) homes to 75,000 beneficiaries in 75 districts of Uttar Pradesh and also interacted virtually with program beneficiaries in Uttar Pradesh.

He laid the foundation stone for 75 urban development projects in Uttar Pradesh as part of the Smart Cities Mission and AMRUT; reported 75 buses under FAME-II for seven cities including Lucknow, Kanpur, Varanasi, Prayagraj, Gorakhpur, Jhansi and Ghaziabad; and published a Coffee Table Book encompassing 75 projects implemented within the framework of various flagship missions of the Union’s Ministry of Housing and Urban Affairs.

The Prime Minister also announced the creation of the Shri Atal Bihari Vajpayee Chair at Babasaheb Bhimrao Ambedkar University (BBAU), in Lucknow.

Addressing the assembly, the prime minister said that the situation where all the properties are in the name of the men of the house must be corrected and that, concretely, more than 80% of the houses under Prime Minister Awas Yojna are registered. in the name of the women or they are co-owners.

The Prime Minister congratulated Lucknow for giving a national visionary like Atal Bihari Vajpayee who was totally dedicated to Mother Bharati. “Today, in his memory, the Atal Bihari Vajpayee Chair is established at Babasaheb Bhimrao Ambedkar University,” he announced.

Modi pointed out that there had been a massive increase in the number of houses built under Prime Minister Awas Yojana compared to previous figures. He informed that more than 1.13 crore of housing units have been built in the cities and, of this number, more than 50 lakh houses have already been built and handed over to the poor.

The prime minister said that three million urban poor families who lived in slums and did not have pucca roofs had the opportunity to become millionaires. “Under the Pradhan Mantri Awas Yojana, around 3 million houses were built in the country, you can guess the cost. These people have become lakhpatis, ”he said.

He observed that prior to the current UP waiver, previous governments dragged their feet in implementing the programs as more than 18,000 homes were approved, but not even 18 homes were built on it. moment. He also informed that after the current government led by Yogi Adityanath came to power, more than 9 lakh housing units were handed over to the urban poor and 14 lakh units were in various stages of construction. These houses were equipped with modern amenities.

The prime minister said that city bodies are also saving around Rs 1,000 crore each year by installing LED street lights. Now that amount, he informed, was being used for other development work. He added that LEDs have also significantly reduced the electricity bill for city residents.

The Prime Minister said that in India, in the last 6-7 years, there has been a huge transformation in the urban sector due to technology. Technology was the basis of the integrated command and control centers that now operated in more than 70 cities across the country. “Today, we will have to say ‘Pahle Aap’ – Technology First”, quipped the Prime Minister, in a city renowned for its culture.


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Pandora Papers names suspected offshore beneficiaries with Putin links https://cleversplitter.com/pandora-papers-names-suspected-offshore-beneficiaries-with-putin-links/ https://cleversplitter.com/pandora-papers-names-suspected-offshore-beneficiaries-with-putin-links/#respond Mon, 04 Oct 2021 15:27:00 +0000 https://cleversplitter.com/pandora-papers-names-suspected-offshore-beneficiaries-with-putin-links/ Leakage of financial documents published by an international group of investigative journalists on Sunday implicated several close associates of Russian President Vladimir Putin in the alleged concealment of large amounts of wealth in offshore companies. The International Consortium of Investigative Journalists said Russian nationals are “disproportionately represented” in the Pandora Papers, with 14% of the […]]]>

Leakage of financial documents published by an international group of investigative journalists on Sunday implicated several close associates of Russian President Vladimir Putin in the alleged concealment of large amounts of wealth in offshore companies.

The International Consortium of Investigative Journalists said Russian nationals are “disproportionately represented” in the Pandora Papers, with 14% of the more than 27,000 named companies having Russian beneficiaries and 46 Russian oligarchs using offshore companies.

The investigation site iStories, the ICIJ’s partner organization in Russia, searched the biggest names in Putin’s inner circle involved in the leak:

Constantin Ernst

iStories reported that Ernst, the CEO of Russia’s largest state television channel, made billions of rubles demolishing Soviet-era cinemas in Moscow and building shopping malls in their stead through an offshore company.

Ernst, 60, registered an offshore company in his name in the British Virgin Islands in 2014, the same year he orchestrated the opening and closing ceremonies of the Sochi Winter Olympics.

In November 2014, Moscow city authorities auctioned off 39 historic Soviet-era cinemas in the capital to a company linked to Ernst’s offshore company, Moscow Dvorik Ltd. bank partly owned by Russian state-owned bank VTB – used to finance its stake in the deal.

Ernst denied that the deal was part of his compensation for Olympic Winter Games ceremonies and told the ICIJ that he hadn’t done anything illegal, because “that’s how my parents m ‘have raised “.

While he confirmed he was linked to Moscow Dvorik, Ernst did not explain why he registered a company in the British Virgin Islands; why his partner denied his involvement in this affair; or why lawyers demanded that the offshore registrar not send shareholder information to the British Virgin Islands register of companies.

Rostec

The family of Sergei Chemezov, CEO of Russian state defense conglomerate Rostec, has hidden properties worth 22 billion rubles – including a superyacht and a villa in Spain – from offshore companies, iStories noted.

Chemezov, who is subject to US and EU sanctions, is considered one of Putin’s closest associates and one of the most influential figures at the intersection of Russian business and politics.

According to the investigation, Chemezov’s daughter-in-law Anastasia Ignatova is the owner of the offshore company Delima Services Ltd., registered in the British Virgin Islands, with which the 85-meter, $ 140 million yacht is registered. She would also possesses a hacienda in Spain worth an estimated 15 million euros.

The Pandora Papers have discovered a new luxury villa in Spain believed to be owned by Ignatova and Chemezov’s mother-in-law Lyudmila Rukavishnikova through offshore Penimar Holdings Ltd., among other assets.

Putin’s alleged mistress

Financial records analyzed by the ICIJ also revealed that Putin’s alleged mistress, Svetlana Krivonogikh, had purchased a $ 4.1 million apartment in Monaco through an offshore company of which she became a beneficiary in 2006.

The company was reportedly established weeks after Krivonogikh gave birth in 2003 to Luiza Vladimirovna Rozova, whom Russian investigative journalists appointed like Putin’s alleged extramarital daughter last year.

Russian authorities this summer banned Proekt, the investigative outlet that exposed the story of Putin’s alleged extramarital daughter, as an “unwanted” organization this summer and placed several of its journalists on their list. “Foreign agents”.

Sberbank CEO

German Gref, CEO of public lender Sberbank, set up an offshore company in Singapore that was used to store more than $ 55 million in family assets, according to documents obtained by Pandora Papers.

The beneficiaries of the offshore Angelus Trust family were Gref’s wife, Yana, son Oleg, daughters Maria and Eva, brother Eugene and an individual named Philip Albert Gref, according to the investigation.

Transneft

Nikolai Tokarev’s son-in-law, the head of state-owned pipeline giant Transneft and a long-time acquaintance and colleague of Putin, became a Cypriot citizen and set up offshore to manage Transneft’s subcontractors with contracts worth billion rubles, iStories mentioned.

Tokarev’s daughter, Maya Bolotova, and her now ex-husband Andrei Bolotov received passports from EU member Cyprus in 2014, the same year Transneft was sanctioned by the EU.

Financial records cited by the Pandora Papers show that Bolotov was the beneficiary of a dozen offshore companies. In 2014-2015, Bolotov was the beneficiary of at least three Cypriot companies via companies registered in the British Virgin Islands with Georgy Bedzhamov, the former co-owner of Vneshprombank who was under investigation for further embezzlement. of 100 billion rubles in 2015.

Honorable mentions

Roman Putin, son of the cousin of the president and beneficiary of Infinite Capital Corp, registered in 2012 in the Seychelles, and its owner until 2013.

Nikolai Yegorov, one of Putin’s university friends and since 2016 also the owner of Pollux Global Corp registered in the British Virgin Islands. Since 2018, the company has been in compulsory liquidation.

Victor Khmarin, another college friend of Putin who became a beneficiary of the offshore company Luciano Services Corp, registered in the British Virgin Islands.


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Over 330 current and former politicians identified as beneficiaries of secret accounts, KNEWS https://cleversplitter.com/over-330-current-and-former-politicians-identified-as-beneficiaries-of-secret-accounts-knews/ https://cleversplitter.com/over-330-current-and-former-politicians-identified-as-beneficiaries-of-secret-accounts-knews/#respond Mon, 04 Oct 2021 14:25:00 +0000 https://cleversplitter.com/over-330-current-and-former-politicians-identified-as-beneficiaries-of-secret-accounts-knews/ A huge leak of financial documents released on Sunday by several major news organizations reportedly linked world leaders to secret wealth stocks, including King Abdullah of Jordan, Czech Prime Minister Andrzej Bremen and Prime Minister Andrei Bredo. According to Reuters, the leak of more than 11.9 million files, representing 2.94 terabytes of data, came five […]]]>

A huge leak of financial documents released on Sunday by several major news organizations reportedly linked world leaders to secret wealth stocks, including King Abdullah of Jordan, Czech Prime Minister Andrzej Bremen and Prime Minister Andrei Bredo.

According to Reuters, the leak of more than 11.9 million files, representing 2.94 terabytes of data, came five years after the leak known as the “Panama Papers”, which exposed how the rich are hiding from money so as to be undetectable by the authorities.

The Washington-based International Network of Investigative Journalists (ICIJ), which is an international network of investigative and press reporting organizations, reports that the cases are linked to some 35 outgoing heads of state and government and alumni from 91 countries and territories.

It does not say how the files were obtained and Reuters could not independently verify the allegations or documents submitted by the network.

The King of Jordan, a close ally of the United States, is said to have used offshore accounts to spend more than $ 100 million on luxury homes in the United Kingdom and the United States.

The King of Jordan, a close ally of the United States, is said to have used offshore accounts to spend more than $ 100 million on luxury homes in the United Kingdom and the United States.

London-based law firm DLA Piper, which represents the King, told the ICIJ that “it has never abused public money or aid or support groups intended for a public use “.

The Washington Post, which is part of the partnership, also writes about the case of Svetlana Krivonogich, a Russian woman who, according to the newspaper, became the owner of an apartment in Monaco through a coastal company based in the Caribbean island of Tortola. in April 2003, just a few months after giving birth to a baby girl. At the time, she had a long-standing secret relationship with Putin, the newspaper added, citing Russian investigative media Proekt.

The Washington Post writes that neither Krivonogich, her 18-year-old daughter, nor the Kremlin responded to requests for comment on the article.

Days before the Czech parliamentary elections on October 8 and 9, documents were released linking the prime minister to a secret estate in a mountain village near Cannes, France, worth $ 22 million.

Speaking in a televised debate on Sunday, Mr Babis denied any wrongdoing. “The money left a bank in the Czech Republic, was taxed, it was my money and it was returned to a bank in the Czech Republic,” he said.

The documents also refer to Indian businessman Anil Abani and his representatives who appear to own at least 18 coastal companies in Jersey, the British Virgin Islands and Cyprus, according to Indian Express.

Seven of those companies, created between 2007 and 2010, have borrowed and invested at least $ 1.3 billion, according to the report.

In 2020, following a dispute with three state-owned banks in China, Abani, head of the Reliance group, told a London court that its assets were zero.

An anonymous lawyer told the newspaper on behalf of the businessman that “our client is a tax resident of India and has made statements to Indian authorities as required and in accordance with the law.
“When making the statement to the London court, all required issues were taken into account. Reliance Group operates worldwide and companies are established in different jurisdictions for legitimate business purposes and comply with regulatory requirements “, he added.

Mr Abani himself did not immediately respond to a request for comment.


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Queen will be one of the biggest beneficiaries of the UK’s green agenda https://cleversplitter.com/queen-will-be-one-of-the-biggest-beneficiaries-of-the-uks-green-agenda/ https://cleversplitter.com/queen-will-be-one-of-the-biggest-beneficiaries-of-the-uks-green-agenda/#respond Mon, 04 Oct 2021 13:10:13 +0000 https://cleversplitter.com/queen-will-be-one-of-the-biggest-beneficiaries-of-the-uks-green-agenda/ John Lubbock investigates how the royal family could end up making millions of pounds from UK offshore wind farms Almost all of the UK’s offshore wind power capacity is generated on seabed owned by the Crown Estate – land held as a “sole corporation” of the Queen. A request for access to information analyzed by […]]]>

John Lubbock investigates how the royal family could end up making millions of pounds from UK offshore wind farms

Almost all of the UK’s offshore wind power capacity is generated on seabed owned by the Crown Estate – land held as a “sole corporation” of the Queen.

A request for access to information analyzed by the Signature Intelligence Team found that the Crown Estate had earned £ 17.25million from its wind farm property portfolio in 2020/21.

Total profits generated from its wind farm property portfolio were £ 69m in 2020/21, with the Sovereign receiving 25% of those profits – or £ 17.25m – after two years via its annual grant. The rest goes to the treasury, according to a law set out in the 2011 Sovereign Subsidies Act.

Since the onset of the coronavirus pandemic, the Crown Estate’s total revenues have declined due to the loss of rents, in common with the broader economic downturn. However, a provision in the Sovereign Grants Act means that the value of the government block grant provided to the monarch cannot decline. This is the case even if the revenues of the domain of the Crown decrease, the difference being made up by the Consolidated Revenue Fund.

It also means that at a time when a large part of the UK’s population is in financial difficulty, with the poorest on the verge of seeing a £ 20 per week cut in Universal Credit benefits, one of the families with the most The country’s wealthy are seeing their wealth increase thanks to a law that protects their incomes, and the government’s growing investment in wind power.

It places the power of the monarchy at the heart of the Government’s plans for a green transition


Who owns the seabed?

Managing property worth at least £ 14.1 billion, the Crown Estate is one of the largest real estate groups in Europe.

Its total revenue for the year 2020/21 was £ 269.3million, with the Sovereign Grant going to the Monarchy for £ 86.3million. Currently, the Royal Family’s net worth is estimated at £ 20 billion.

In addition to land-based properties – such as Regent Street in London and Balmoral Castle in Scotland – the Crown Estate manages the rights to offshore wind farms up to 200 nautical miles offshore, as well as over half of the UK coastline. . This gives it extremely valuable auction rights for offshore business activities, such as wind farms.

Anyone who wants to build an offshore wind farm therefore has to pay for the Crown Estate. The more offshore wind farms are built, the more profit the Crown estate generates. And while 75% of the profits generated will go to the treasury, 25% ends up filling the royal purse.

Revenues from wind farms are expected to continue to increase. An additional 18 gigawatts (GW) of power could be produced through a recent rental process undertaken by the Crown Estate and Crown Estate Scotland. A spokesperson said Signing time that “this provides a solid basis for the UK government’s 40 GW deployment ambition for 2030”. It also offers a chance to increase its profits from this real estate portfolio by 400% over the next nine years.

UK wind capacity is currently 24.2 GW. Offshore capacity represents 10.4 GW – 43% – of the total. There are an additional 7.2 GW of wind farms under construction on Crown Estate’s seabed, with an additional 2.6 GW securing government support.

Advances in the production of electricity from renewable energies can only be a good thing, as the climate crisis becomes more pressing and the deadline for reaching zero carbon looms. However, Crown Estates’ ownership of the land on which offshore wind farms are built, combined with the guarantee of profits by the Sovereign Grant Act, puts the power of the monarchy at the heart of the government’s plans for a green transition.


A just transition

The government’s 10-point plan for a green industrial revolution, released in November 2020, aims to invest £ 12 billion in green infrastructure during the current legislature. This will include £ 160million investment in modern ports and manufacturing infrastructure for offshore wind farms.

In addition, the government supports the production of wind farms by auctioning renewable energy contracts and guaranteeing companies fixed prices for the energy they produce. The auctions scheduled for December will seek to add 12 GW of power to the UK grid.

This strategy raises questions about the government’s commitment to a “just transition” – a concept that takes into account social justice issues in the transition to a low-carbon economy. In an essay in Just transitionsSundra van Niekirk argues that “the debates on the low carbon transition are not only centered on how electricity is produced, but for whom and by whom”.

However, ownership of the land and plans to auction the contracts to the highest bidder – like rich fossil fuel companies – mean that while the country is in the process of switching to greener energy, it is likely to fail. move to a more just or more egalitarian society.

A royal cover-upThe hidden hand of the monarchyBlock the public’s right to seeLord Mountbatten’s Diaries

The strategy will not change the fact that the capital resources for generating renewable electricity are still owned by large corporations and wealthy investors, as well as the monarchy. Existing energy companies will also generate wealth from the crisis, with BP and Shell being the big bidders for the next round of offshore wind production.

Rebekah Diski, senior researcher at the New Economics Foundation think tank, said Signing time that “a just transition is an opportunity to rewire the economy so that it works for everyone, but this will not happen simply by switching to renewable energies”.

“The benefits of the UK’s considerable wind capacity should benefit workers and communities as we adapt to a changing climate, not reinforce inequalities by supporting wealthy landowners like the Crown Estate and the big energy companies, ”she said.

A spokesperson for the Crown Estate said Signing time: “100% of our net profits – including offshore wind revenues – go to the Treasury, for the benefit of the nation. As noted in our last annual report, we have returned £ 3billion to the public purse over the past decade. “

This statement does not mention that part of the profits from the Crown estate are ultimately returned to the monarchy via the sovereign grant.

The Ministry of Business, Energy and Industrial Strategy said its “White Paper on Energy sets out our plans for the transformation of our energy system, including actions to completely decarbonise the production of electricity. here 2050 ”and that“ this advances the commitments of the 10-point plan, reaffirming the extent to which clean energy is synonymous with jobs and economic growth for the whole country ”.

This article was produced by the Signature Intelligence Team – a collaborative survey project formed by Signing time with Les Citoyens. If you want to know more about the Intelligence team and how to finance his work, click on the button below.

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