Profit halves at insurer Beazley on natural disaster losses and a poor investment environment

first_imgThursday 7 February 2019 7:47 am Profit halves at insurer Beazley on natural disaster losses and a poor investment environment whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest Read more: Beazley hurricane costs reach $105mThe company said it estimated the combined costs of US hurricanes Florence and Michael, and two Japanese typhoons Jebu and Trami, at $105m net of reinsurance and reinstatement premiums.It was also hit by $40m of claims net of reinsurance for the California wildfires which in 2018 were the worst in the state’s history.A poor investment environment hit the insurer’s investment yield which fell from 2.8 per cent to 0.8 per cent.The company said the 70 per cent decline in its investment return was “equivalent in effect to a large catastrophe loss on our underwriting portfolio”. James Booth Speaking to City A.M. chief executive Andrew Horton said: “Twenty eighteen was a frustrating year, we had good topline growth…but it was more challenging from an investment perspective and claims perspective.”Read more: City skyscraper Twentytwo has landed a new tenantGross written premiums grew 12 per cent to $2.615bn while its combined ratio was 98 per cent, a one percentage point improvement on 2017.Looking forward, Beazley said in contrast to 2018 it entered 2019 with “some moderate tailwinds” citing “firmer pricing for some lines of business and higher interest rates to underpin our investment returns”.“We are targeting high single digit growth in 2019 on the back of rate increases across the portfolio,” Horton said. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comNews SharperChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoNews SharperDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funnybonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comMisterStoryWoman files for divorce after seeing this photoMisterStoryBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakercenter_img Share whatsapp Beazley’s share price rose 4.6 per cent to 517p. Insurer Beazley today blamed natural disasters and a poor investment environment for its profit falling by more than 50 per cent in 2018.Beazley’s 2018 profit before tax was $76.4m (£59.1m), down from $168m, while earnings per share fell from 19.5p in 2017 to 9.7p last year. Tags: Beazley Companylast_img read more

Chinese economic slowdown: Devaluation and volatility should not put off Western retailers

first_img whatsapp Share Tuesday 25 August 2015 9:29 am The surprise decision by the China’s central bank to devalue its currency on three consecutive days has been linked to China’s state authorities’ attempts to boost its struggling economy. It is, however, unlikely to cause significant disruption to many Western retailers who are supplying in the region.  The correction may have been a gesture to exporters and also an attempt to slow the appreciation of the currency that has been dragged up rapidly by the dollar peg and strengthening US economy. Trade flows with neighbours whose currencies have also declined very significantly against the dollar would also likely be better served by slower appreciation than was happening. The decision to reduce the value of the yuan came hot on the heels of reports of an 8.3 per cent fall in exports in July. Coupled with huge stock market falls, the immediate outlook for the markets and currency is uncertain and likely to be volatile as both are influenced by political interventions and the US dollar strength. Despite the devaluation, which may continue to some extent in the short term, there are real forces that would suggest the long-term plan remains appreciation. Therefore, short term reactions should be measured. Read more: Black Monday has struck – but should we fear what’s to come? China has traditionally invested in infrastructure to boost a flagging economy rather than currency manipulation, and news coming from China suggests that is still the intention rather than a massive assault on currency to boost exports. A much greater devaluation would be needed to really boost exports which then conflicts with other objectives. The PRoC’s ambition to join the SDR mechanism of the International Monetary Fund (IMF) later this year would also require a currency that is under control and can be stabilised with reserves if needed. Likewise the fear of significant capital flight on a significant devaluation is very real. Depending on how retailers operate within the Chinese marketplace will determine how they respond to the devaluation of the currency and there are signs some are doing so already. Western retailers who buy goods in China will now be able to do so more cheaply as a direct result of the currency devaluation. Many of these businesses are already taking action to negotiate the reduction from suppliers. While it is a relatively small change, it is unlikely to cause companies, in particular those specialising in low-end goods such as clothing and footwear, to move their production back to China from places like Vietnam. Labour costs differentials and other trade benefits are too high by comparison. Of course, for retailers that are simply shipping in goods to sell, there are fewer options. They will be forced to either take the margin hit or increase the price of their products. The impact that this will have on sales is dependent on how price-sensitive the end user market is. For example, luxury or premium goods retailers are unlikely to experience any significant market reaction to a small price increase, although other market factors such as the economic slowdown in China and growing disapproval of opulent displays of wealth by officials are already taking their toll. Although there is little immediate threat, Western retailers need to be alert to the currency movement sensitivity in their investment and trading models and need to keep a close watch on what happens next, particularly if they have no import costs from China to offset the increased cost of selling there. Although China has become a more volatile trading environment, there are still significant short to medium term opportunities for Western retailers with good margins and a single currency ‘wobble’ has not changed this. Tags: Chinese economy Expert Voices Global market turmoil Show Comments ▼center_img whatsapp Chinese economic slowdown: Devaluation and volatility should not put off Western retailers Catherine Neilan last_img read more

Ballot question change boosts anti-EU camp

first_img Show Comments ▼ Tuesday 1 September 2015 9:14 pm whatsapp whatsapp PRIME Minister David Cameron has accepted the recommendation of the electoral watchdog, and will change the wording on ballots in a future in/out referendum on the EU.The Prime Minister’s spokeswoman confirmed yesterday that the EU referendum bill would be amended to reflect the suggestions of the Electoral Commission. The watchdog said yesterday that the question currently included in the legislation could be seen as biased against Britain leaving the European Union.The original wording proposed by ministers was: “Should the United Kingdom remain a member of the European Union?”The Electoral Commission recommended adding the phrase “or leave the European Union” so that the ballot responses would either be “Remain a member of the European Union”, or “Leave the European Union”. Ukip leader Nigel Farage welcomed the change, saying: “I’m in no doubt that the Yes/No offering was leading to great confusion and that remain or leave is much clearer.”Earlier in the day, Farage told the BBC that he will “work with absolutely anyone for us to get a No vote in this referendum”.“There are two competing groups who want to get the nomination for the No campaign,” he said. “All I am saying is I am not choosing one side or the other. We will work with whichever of them gets the nomination.”Business for Britain chief executive Matthew Elliott and Ukip donor Arron Banks are among the high-profile Eurosceptics leading non-political Brexit campaigns, while backbench MPs in the Conservatives for Britain and Labour for Britain groups have begun planning campaigns for the UK to leave the EU.But only one Eurosceptic campaign group will gain the official recognition of the Electoral Commission, allowing for more spending, higher levels of official funding and rights to television broadcasts. Tags: NULL Express KCS center_img More From Our Partners White House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against Ballot question change boosts anti-EU camp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbes Sharelast_img read more

News / Squeezing airline profits can weaken air freight service and the value chain

first_img© Ronstik By Alex Lennane 27/02/2020 Pricing remains a significant bone of contention between supply chain partners, despite a strengthening of relationships.Shippers, forwarders and airlines clashed at Air Cargo India in Mumbai this week, as they blamed high prices for any deterioration in service quality.R Ravindra, deputy general manager for India’s Agricultural and Processed Food Products Export Development Authority (APEDA) said: “Things are very bad in the perishables sector. Air freight rates in mango season increase by more than 25%. There is a rate for mangoes, and a rate for other perishables. Why, we asked? So they increased the rates for all perishables.center_img “There has to be a solution for this problem. It happens every year.”But Fitsum Abadi, managing director of Ethiopian Airlines Cargo, claimed his carrier offered the lowest possible pricing, adding: “The shipper deals with the forwarder, and they have their own pricing. The forwarder then squeezes us as much as possible on price.“So we give a price as low as possible to the forwarder – but the shipper may not enjoy that price. It is not a transparent way of doing things.“When we become close partners we can serve the customer, but if the focus is on squeezing profit from the airline, which then fails its service level, then the entire value chain will fail.“We need to be better partners, and have to work together. We are not competitors. We need to talk together transparently.”But Phani Krishna, regional head of DSV Air & Sea, asked: “What is the right cost? There is so much discussion around pricing. We need to look at what is the optimum cost, and what you can provide for the right cost.“Shippers are demanding more for less cost.”However, India’s major automotive shipper, Tata Motors, said it only used air freight when it needed urgency and reliability – and understood that there was a price for that.“We are a value-driven brand,” said Sujan Roy, head of international business for passenger vehicles. “We want the maximum value for our customers. But we use air cargo for very important parts which have to arrive on time. Air cargo is for reliability, and so cost is not so critical.”last_img read more

6 in 10 doctors report abusive remarks from patients, and many get little help coping with the wounds

first_img “Anybody who says they’re not bruised by these encounters, we’re sort of kidding ourselves.” “Patients making advances at me is degrading to say the least.” This story was produced in collaboration with WebMD and Medscape.Most doctors have absorbed racist, sexist, and other bigoted verbal remarks from patients under their care, according to a new national survey. And in interviews, physicians say these ugly incidents, while not frequent, can leave lasting scars.African-American doctors told STAT they had been called racial epithets and been asked to relinquish care for white patients by family members — and even colleagues. Asian-American physicians reported being demeaned with longstanding cultural and racist stereotypes, and female doctors being sexually harassed by patients during physical exams.advertisement The most extreme examples of patient bias, Choo said, involve people who refuse to be treated by anyone but a white doctor. “It’s not uncommon, but it’s not every day,” she said.For her, the bias is expressed in a multitude of ways. “It’s questions like, ‘Do you feel like you can practice western as well as eastern medicine?’ Or, ‘Where are you from? Because we definitely hate Chinese doctors, but, oh, thank God you’re not Chinese.’ I just happen not to be. Or they’ll say Oriental instead of Asian, or say other stereotypes about Asians they’ll joke about or talk about in this weird way.”Her experiences with patient bias started as soon as she began her medical education, she said. The patient called me ‘colored girl.’ The senior doctor training me said nothing The family soon objected to Patterson’s care because he is black, and they met with his attending physician — a white woman who later approached Patterson with a compromise: He could enter the patient’s room as long as he was accompanied by a white colleague.“It was a little disappointing that someone who was supposedly a mentor and a teacher would think that solution would work. We both refused to do it. And I don’t know if our attending ever really got it.”Patterson was eventually named as the director of the medical school’s teaching program, where, at one point, a patient refused care from a team of trainees because they all were African-Americans.“So we go down to the emergency room to greet this patient and she … says, ‘Well, I want to talk to the person who’s in charge of the teaching program.’ And I said ‘You’re looking at him,’” Patterson said.But by the end of her hospitalization, Patterson added, “she came to me and said, ‘I really apologize. I started off on the wrong foot. These young women took phenomenal care of me.’” Related: Your email address “It’s like running a race that’s super hard. But one person’s carrying an invisible heavy boulder on their back.” Faiz, who is 27, moved to Boston from the Bronx earlier this year to begin her residency as an emergency physician. Patients’ sexist behavior has challenged her throughout her training.“Patients making advances at me is degrading to say the least. Especially after all I’ve been through to get to this point. … A lot of the patients I’ve worked with are very marginalized and disenfranchised — so it’s not coming necessarily from a place of malice. They’re sick. So I cope with this by not considering it a personal offense. But still, as with any sexist remarks, I walk away from those situations feeling totally unclean, even if I didn’t do anything, and it was done to me.“You’re wearing professional clothes and you have the knowledge, and you’re still being put in situation where people are asking about your personal life and asking completely inappropriate questions. I’m trying to work at it, and take time and reflect and step back, so I don’t get disenchanted with the patients I’m serving and feel resentment toward them.” Have you experienced bias from a patient? Share your story below. “One patient’s son pushed [a doctor] against the wall and called him a [homophobic slur] and asked him where he parked his camel.” Related: Your name Dr. Brian McGillen, director of hospital medicine at Penn State Health Milton S. Hershey Medical Center McGillen said patient discrimination against some of his staff members persuaded him to survey doctors at his hospital more broadly.“I was not close to expecting the huge response I received: sexual orientation, ethnicity, suspected religion, female residents on the basis of gender. …“One patient’s son pushed [a doctor] against the wall and called him a [homophobic slur] and asked him where he parked his camel.”Penn State Health convened a workshop on the topic, which helped convince hospital administrators to revise the patients’ rights and responsibilities statement. That statement now explicitly prohibits patients from requesting a change of doctors on the basis of the physician’s ethnicity, or religious or sexual identity. Women may still request a female doctor. And doctors who receive discriminatory complaints can switch the patient to another provider if they wish.”In this day and age when people walk into hospitals and open fire, we need to be sure our workforce feels protected,” he said. “We all want to honor this notion of patient experience — and improving that is certainly a goal, but you can swing the pendulum too far, and at the risk of damaging your staff, who you really need to be healthy and not be burned out by this stuff.” Tags hospitalspatientsphysicians Patient Prejudice What happened when I talked about what others ignore — racism in medicine Penn State Health Milton S. Hershey Medical Center is further along. Responding to an in-house study of discriminatory behavior by patients, it recently revised its “patients rights and responsibilities” policy to cover situations in which patients direct discriminatory behavior toward staff. The hospital now won’t honor requests for a new physician based on patient prejudices.The stakes are high, said Dr. Brian McGillen, Penn State Health’s director of hospital medicine. “You come here and pour your blood, sweat, and tears for your patients, and then to have that stuff come up, absolutely it’ll lead to burnout,” he said. “There’s no doubt in my mind.”Below, eight physicians who have felt the sting of discrimination recount their experiences, and how they coped. A wide-ranging survey of more than 800 U.S. physicians, conducted by WebMD and Medscape in collaboration with STAT, found that 59 percent had heard offensive remarks about a personal characteristic in the past five years — chiefly about a doctor’s youthfulness, gender, race, or ethnicity. As a result, 47 percent had a patient request a different doctor, or ask to be referred to a clinician other than the one their physician selected.Fourteen percent said they had experienced situations in which the patient complained, in writing, about the doctor’s personal characteristics.African-American and Asian-American physicians were more likely to face such attacks, and female doctors were more often the victims of bias than males. But patients found targets in every imaginable corner: 12 percent of physicians, for instance, endured offensive remarks about their weight.advertisement Like Saha, Whitgob has helped spearhead the study of patient bias toward physicians. She, too, has experienced such behaviors during her training.“I remember being in a situation with male patients, in a surgical clinic at the VA, and I had to do general exams, and they made jokes asking whether am I enjoying it. People almost laughed it off, like ‘Well, now I experienced it too.’ I didn’t stop to think, ‘Am I being threatened?’”Whitgob said her VA rotation was done in a month, “but if, day-in and day-out, that’s what you have to deal with, or you’re a nurse who deals with this every day, there’s no escaping it.”Trainees, she said, have the option of declining to care for patients who direct abusive behavior at them. But supervisors must understand the importance of properly communicating the trainee’s decision to patients.If the supervisor tells a patient that the trainee has been removed, she said, “the patient who didn’t want the trainee in the room is getting what they want. That wouldn’t be the intention, but that would be the effect.”Whitgob said most hospitals support their medical staffs when it comes to biased patients, but they only do so in a “reactive” way, and not proactively state their policies in the manner of Penn State’s new initiative.“Ideally if every hospital system could adopt this policy, patients would say, ‘I expect my doctor to respect me,’ and doctors would say the same.“We need to keep better records of this, because it’s happening more than we know, and once people start talking about it, they bring up stories from 10, 15 years ago that they never thought they could talk about.”Update: WebMD and Medscape have provided a more detailed description of the survey’s methodology. Privacy Policy Dr. Beth A. Lown, associate professor of medicine at Harvard Medical School and medical director at The Schwartz Center for Compassionate Healthcare “Our job is to be caretakers, but it’s also to care for each other.” Related:center_img Dr. Emily Whitgob, fellow in Stanford Medicine’s division of developmental-behavioral pediatrics PhoneThis field is for validation purposes and should be left unchanged. “There was no one to talk to about it. No one talks about this stuff.” Talia Bronshtein/STAT WebMD/Medscape survey in collaboration with STAT Amid a heated national conversation about open expressions of prejudice in America, the survey spotlights a facet of the issue that has, so far, received little attention: the biases patients direct toward their doctors in hospitals and exam rooms.“I’ve certainly not read anything like this,” said Dr. Beth A. Lown, associate professor of medicine at Harvard Medical School and medical director of the Schwartz Center for Compassionate Healthcare.To explore issues raised in the survey, STAT interviewed Lown and eight other doctors and researchers around the country who are women or identify as members of minority groups. They described often disturbing encounters with patients.Lown and others noted that patients have been more actively voicing their care preferences in recent years. “Has this changed socially accepted norms about what you can and cannot say to a health care professional?” Lown asked. “Is this … unmasking attitudes that have been there all along and now, in our polarized societies, people feel less constrained in expressing them? Probably.”Patient prejudice: When credentials aren’t enoughHere’s more coverage from our partners:Full results of the survey (WebMD)Credentials don’t shield doctors, nurses from bias (WebMD)Physicians who experience patient prejudice lack resources (Medscape)Slideshow of physician and consumer survey responses (Medscape)What does your medical record say about you? (WebMD)Medical researchers have studied clinicians’ unconscious biases toward patients, said Kerth O’Brien, a social psychologist at Portland State University who studies discrimination in health care. “But much less is known about patients’ biases toward clinicians, and that is why the current study is important.”“Why would patients allow their own irrational biases to get in the way of their health care?” she added. “Clearly we need to learn more.”The online survey of 822 physicians was conducted by Medscape’s research team in July and August and has a margin of error of plus or minus 3.4 percentage points.In the follow-up interviews, some doctors said they understand why patients might express their prejudices.“Often we meet people at their lowest,” said Dr. Nikhil “Sunny” Patel, a psychiatry resident at Cambridge Health Alliance in Massachusetts. “Sometimes we can have primitive responses to stressful situations, and one of them can be targeting of the other when we’re feeling cornered or vulnerable.” Dr. Somnath Saha, professor of medicine and public health and preventive medicine at Portland VA Medical Center and Oregon Health and Science University Mike Reddy for STAT Dr. Nikhil Patel, psychiatry resident at Cambridge Health Alliance Doctors who had a patient request a different clinician based on a personal characteristic (%)0102030405060GenderEthnicity / national originRaceAccentAgeOtherMedical education from outsidethe USReligionSexual orientationPolitical viewsWeightSmokingpercentPersonal characteristicsRequests for different provider based on personal characteristics, % Gender38Ethnicity / national origin32Race22Accent19Age15Other15Medical education from outside the US7Religion7Sexual orientation2Political views2Weight1Smoking1Doctors who had a patient request a different clinician based on a personal characteristic (%) Saha is one of the few who has researched patient bias, and he has also experienced it. “I’m a brown person who works in the VA, so we treat a lot of older white men who have kind of older white men’s attitudes sometimes,” he said.One patient, for instance, asked to change doctors because he hated the smell of curry. “As if I’d come into the office with curry on my breath,” said Saha, who is of Indian descent.He eats curry infrequently, he said, and had not done so before seeing the patient.Saha agreed to transfer the patient to another doctor. “When there is bias expressed by a patient, it’s basically a deal killer, because to have an effective doctor-patient relationship, rapport is everything. And if you’ve got a patient who’s disrespectful or untrusting for any reason, it basically poisons the relationship.” While in medical school at Vanderbilt in the ’80s, Patterson encountered an older gentleman from northern Alabama, who stopped him during their first meeting.“He said, ‘Why are you asking me all these questions?’ I said, ‘Well, sir, you agreed to allow students to interview you, examine you and so forth.’ And he looked at me and said, ‘Yeah, but when I said that, I didn’t know Vanderbilt had [racial slur] in their classes.’”Once people are entrenched in their beliefs, Patterson said, “there’s not a lot you’ll be able to do to change that attitude. So the way I’ve always dealt with it is to just move on. Take it in, try to stay on your feet, stay balanced and keep moving forward.“But anybody who says they’re not bruised by these encounters, we’re sort of kidding ourselves.”The bruising can also come from the thoughtless reactions of colleagues. Patterson recalled that on his first day at George Washington University Hospital, he started an IV line for an older white patient. “I remember being surprised and embarrassed and humiliated as a medical student when people would say these things. … When it happens to you as a trainee, you tend to think it’s your fault on some level. I know that’s weird. You think, ‘Maybe it’s because I’m not competent or maybe I am less smart than a different doctor. Or maybe I shouldn’t be here?’ There’s a lot of shame in being the target of racism, and I think that’s part of it.“It hardly every bothers me anymore. I usually make a joke out of it or deflect it, but the big question is how it’s affecting our trainees and our junior doctors. What is the scope of this problem, and what’s the sequelae?”The questions loom large, she said, for an industry that is trying to grow more diverse.“How do you do that when it’s a really challenging and hard and long path, and on top of that, let’s just tell you you’ll experience racism — this extra burden. It’s like running a race that’s super hard. But one person’s carrying an invisible heavy boulder on their back. They have to work so much harder.” By Bob Tedeschi Oct. 18, 2017 Reprints Dr. Esther Choo, associate professor at Center for Policy and Research in Emergency Medicine at Oregon Health and Science University Dr. David Patterson, associate clinical professor of medicine at George Washington University Hospital Talia Bronshtein/STAT WebMD/Medscape survey in collaboration with STAT More recently, one longtime patient, during an exam, suddenly turned the conversation to Jews, she said: “Like, ‘All they’re interested in is money, and they’re out to cheat you, they’re money grubbers’ — the old stereotypes, and how you have to be on your guard all the time.“I did nothing. And I was very upset with myself that I said nothing. But I didn’t know what to say. I thought, ‘Do you know that I’m Jewish? Are you really saying this to me?’ … I didn’t tell anybody. There was no one to talk to about it. No one talks about this stuff.“You just have to set it aside and compartmentalize it, and pretend somehow, somewhere that it didn’t happen. My job is to be a professional, maintain some compassion and just don’t let it influence your care. And that’s a struggle.” “If you’ve got a patient who’s disrespectful or untrusting for any reason, it basically poisons the relationship.” Talia Bronshtein/STAT WebMD/Medscape survey in collaboration with STAT In one of Saha’s research projects, he studied patients’ comfort with people from other racial backgrounds. Patients who had negative views of other racial groups tended to rate their doctors worse in general.“That might just be a reflection of the fact that people who have negative racial attitudes just have negative attitudes, period. But the white patients who had negative racial attitudes gave particularly low marks to minority doctors.”The discrimination has financial implications, Saha said, because it seeps into physician ratings, which can determine a doctor’s compensation levels. Patel said he was in his first year of residency training when a patient raged at him because the patient believed — evidently based on Patel’s beard and the color of his skin — that Patel was a member of ISIS.“It was like, ‘Go back to where you came from; this is going to be our country again, you [expletive] raghead.’ He decided to just leave the hospital and he stormed out. And I was actually very worried about him.”Patel said the experience shook him.“That was probably the first time I’ve ever felt that othered. That feeling like, ‘Wow, I’ve trained at decent institutions; I thought that would be a protective factor. I thought my clinical acumen would be protective against violent vitriol. I was deluded in that belief. This country I call home — is it home? Then where is home? I thought this country was a country of immigrants.“And things can be less insidious than that. Like ‘Wow, your English is so good.’ Yeah, not to be arrogant, but I went to grad school twice. But that’s not the point. The conceptualization of me, as a bearded brown man, is of the other.”Patel said that he has found support among a group of physicians that discusses such matters, but that the broader medical community should place more emphasis on addressing racism in the hospital.“Our job is to be caretakers, but it’s also to care for each other. To speak up for other health professionals on the team and not be punitive about it, but set the tone that we can’t tolerate a culture where people feel targeted.” Bigoted behavior can essentially paralyze doctors, Lown said. “Because of our sense of professionalism and our code of ethics, we’re committed to letting that stuff roll off our backs, but meanwhile all your emotions are boiling inside, and you’re thinking, ‘Oh, my God, what do I do now? What do I say? How do I behave?’“I’m very petite. I’m like 5 feet tall. So when I first started out, everybody would say, ‘You don’t look old enough to be a doctor.’ All the time. Get me somebody who’s a grown-up was the implication. … It makes you very anxious — which exists in high titers anyway when you’re in medicine.” When the patient is racist, how should the doctor respond? But empathy only goes so far. Doctors who have been on the receiving end of verbal abuse said the medical system has barely acknowledged the issue, much less studied it or developed a response to it, leaving them largely on their own to deal with the psychic wounds.In the survey, the vast majority of physicians said their organizations provided no training, or had no formal policies, on handling patient bias, or they didn’t know about them.The silence of well-intentioned supervisors who have never been trained in how to manage such situations can make matters worse, said Dr. Esther Choo, an associate professor at Oregon Health and Science University.“There are a lot of people who’ve witnessed it, and who want to support their peers and simply don’t know how. And in that void is more hurt,” she said. “If you have a white preceptor and they’re witnessing it and they don’t say anything, the assumption is that they agree with it or they don’t see it, or they see it but think it’s not a problem.”Choo’s Aug. 13 Twitter thread about her experience treating — or attempting to treat — white nationalists, unleashed a torrent of conversation among doctors who had endured similar experiences. In the wake of such dialogue, many researchers and health systems are looking at the issue formally for the first time. Special Report6 in 10 doctors report abusive remarks from patients, and many get little help coping with the wounds Dr. Jessica Faiz, emergency medicine resident at Boston Medical Center “We need to keep better records of this, because it’s happening more than we know.”last_img read more

Congress set to confirm Biden’s electoral win over Trump

President Biden goes off-script to thank Mitch McConnell during Congress address April 30, 2021 AdvertisementPresident-elect Biden, who won the Electoral College 306-232, is set to be inaugurated on Jan. 20.“The most important part is that, in the end, democracy will prevail here,” Democratic Sen. Amy Klobuchar of Minnesota, among those managing the proceedings, said in an interview.The session, required by law, will convene at 1 p.m. EST. The longshot effort is all but certain to fail, defeated by bipartisan majorities in Congress prepared to accept the results, reported the Associated Press. Congresswoman files Articles of Impeachment against President Biden January 24, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 commentsDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments WATCH LIVE: Biden’s speech to Congress, Republican response April 30, 2021 AdvertisementTags: congressElectoral CollegeJoe Biden Capitol Police chief warns extremists ‘want to blow up Capitol’ when Biden addresses Congress February 26, 2021 RELATEDTOPICS WASHINGTON (AP) – President Trump’s effort to overturn the presidential election is going before Congress as lawmakers will convene for a joint session to confirm the Electoral College vote won by Joe Biden on Wednesday.The typically routine proceeding will be anything but. The president’s Republican allies in the House and Senate plan to object to the election results as Trump stages a rally outside of the White House.WATCH LIVE: Senate Majority Leader Mitch McConnell, who warned his party off this challenge, is expected to deliver early remarks.Despite the president’s claims of voter fraud, election officials and his own former attorney general have said there were no problems on a scale that would change the outcome, reported AP.Each state has certified their results as fair and accurate, by Republican and Democratic officials alike.Vice President Mike Pence has a largely ceremonial role. He will open the sealed enveloped from the states after they are carried in mahogany boxes used for the occasion, and read the results aloud.Pence is under pressure from the president to tip it to Trump’s favor, even though Pence has no power to affect the outcome, reported AP.“There is no constitutionally viable means for the Congress to overturn an election,” said Sen. Tim Scott, R-S.C., announcing his refusal to join the effort.Under the rules of the joint session, any objection to a state’s electoral tally must be submitted in writing by at least one member of the House and one member of the Senate in order to be considered.Each objection will force two hours of deliberations in Congress, ensuring a long day.House Republican lawmakers are signing on to objections to the electoral votes in six states — Arizona, Georgia, Nevada, Michigan, Pennsylvania and Wisconsin, reported AP.Due to safety precautions with protesters in Washington, lawmakers are being told by Capitol officials to arrive early. Visitors will not be allowed due to COVID-19 restrictions. read more

Minimum Wage Earners Have More Purchasing Power

first_imgRelatedMinimum Wage Earners Have More Purchasing Power Minimum Wage Earners Have More Purchasing Power UncategorizedJuly 21, 2007 Advertisements RelatedMinimum Wage Earners Have More Purchasing Powercenter_img FacebookTwitterWhatsAppEmail Jamaica’s primary institutions for data collection and analysis, the Statistical Institute of Jamaica (STATIN) and the Planning Institute of Jamaica (PIOJ), are reporting inflation figures so far this year that reflect a continuation of last year’s low levels of general price increases.The low inflation figures are all the more important when viewed against recent increases in the national minimum wage, one of the social security mechanisms of the Government of Jamaica.The minimum wage rate rose by 60 per cent in the period from January 2005 to January 2007, having been increased by the government from $2,000 per week to $3,200 per week.In January this year, the national minimum wage was increased from $2,800 per week to $3,200 per week. This followed a previous increase from $2,400 per week in January 2006. In 2003, the national minimum wage was $1,800 per week. In 2004 the government committed itself to an annual review of the national minimum wage for the protection of vulnerable and non-unionised workers, who are estimated to represent some 80 per cent of the labour market.The increases in the minimum wage rate since 2003 represent a 78 per cent rise over the four year-period. Over the same period, general price levels (inflation) increased by a total of 55.4 per cent, resulting in an overall significant increase in purchasing power during the period.Consider this: If in 2003, a worker earning the minimum wage of $1,800 spent his or her entire earnings on goods and services; given the 55.4 per cent increase in prices between 2003 and 2007, this worker would have seen the cost of these goods and services rising to $2,797.20.With the person’s salary at the minimum wage rate rising from $1,800 to $3,200 during the 2003-2007 period, this means that this worker is not only earning more money in dollar terms but is now able to purchase 14 per cent more goods and services than four years ago.In addition, the minimum wage earner could choose to save the additional income instead of purchasing additional goods and services.The increases in the national minimum wage over the past four years have therefore served to improve the quality of life of the most vulnerable in the society. When this gain is added to the impact of other social support programmes, such as the Programme for Advancement Through Health and Education (PATH) and the National Health Fund (NHF), the impact is even more significant.With close to 25 per cent of the labour force or almost 250,000 Jamaicans estimated to be earning minimum wages, this latest increase in the purchasing power means a big boost in the quality of life of thousands of Jamaicans.The sharp boost in minimum wages and purchasing power over the past four years coincides with positive economic growth in the 2003 to 2006 period as well as a sharp increase in consumption and a reduction in the level of poverty. The PIOJ is reporting that the poverty level is at a historic low, down by almost 50 per cent over the past decade. RelatedMinimum Wage Earners Have More Purchasing Powerlast_img read more

Kent communities seek volunteer flood wardens

first_imgKent communities seek volunteer flood wardens Kent has experienced repeated flood incidents both historically and recently. Flooding can devastate properties and people’s livelihoods. Flood wardens can help areas at most risk of flooding to prepare for these events.As a flood warden you would have a key role in helping to develop a Community Flood Plan for your area, as well as playing a crucial part in putting that plan into action in the event of flooding.During and after a flood, when emergency services and local authorities are focused on helping those most in need, flood wardens become a vital link between those responding and their community.Jenny Newham, Environment Agency Flood Resilience Advisor, says:Flooding can devastate lives and communities. You can help your local community prepare for flooding by volunteering as a flood warden.If you feel you can help, we are offering free virtual training. It takes 2 hours to complete and we will provide you with a comprehensive handbook and resources to carry out the role.You’ll also have great support from colleagues when you join our volunteer team of flood wardens.There is free virtual training on Wednesday 24 February, 7pm – 9pm.Training is free of charge and will delivered on Zoom. It is accessible on smartphone, tablet or computer. Full guidance will be provided.To register for training as a volunteer to support your community, go to the Try Booking website and search for Kent Flood Warden Training.F /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:community, Emergency, Emergency Services, environment, Government, Newham, resilience, resources, smartphone, tablet, UK, UK Government, website, Zoomlast_img read more

$10 million helicopter contract expansion creates regional New South Wales jobs

first_img$10 million helicopter contract expansion creates regional New South Wales jobs Department of DefenceJoint media releaseSenator Jim Molan AO DSC, Senator for New South WalesAustralian company Sikorsky Australia has been selected by the United States Navy to provide additional support to the Royal Australian Navy’s fleet of MH-60R Romeo multi-mission helicopters.Sustainment for Australia’s fleet of 24 Romeo helicopters is delivered locally in Australia through a Foreign Military Sales (FMS) agreement with the United States Navy, which provides opportunities for Australian defence industry.The helicopters were first acquired from the US Navy through the FMS process and entered into service in 2013.This $10 million contract expansion will see Sikorsky Australia deliver more sustainment support and maintenance to Australia’s Romeo helicopter fleet at their state-of-the-art maintenance, logistics and repair facility in Nowra, New South Wales.Minister for Defence Industry Melissa Price said the contract expansion was clear evidence of the remarkable capability of Australia’s defence industry, generating 10 new jobs in the Shoalhaven region of New South Wales.“This new contract recognises the increased skill and expertise of the Australian workforce as this would previously have been completed in the United States,” Minister Price said.“The increase in services provided by Sikorsky Australia will continue to boost Australia’s defence industry and broaden the ongoing opportunities available to local companies to support the Romeo fleet.”Minister Price said the United States Navy’s role in supporting the Australian aircraft was critical.“The broad scope and enduring nature of the Australia-United States Alliance offers mutual benefit to both our nations,” Minister Price said.“This allows for the ongoing provision of support to Australia’s next-generation maritime combat helicopters.“The contract expansion demonstrates the strong ties between our navies and highlights the internationally recognised strength of Australia’s defence industry.“The sustainment arrangements for Australia’s fleet of Romeo helicopters continue to contribute to our world-class deeper maintenance and sustainment workforce in Australia, supporting Australia’s burgeoning industry capability to deliver global fleet maintenance in our region.”Senator for New South Wales Jim Molan welcomed the expanded contract.“This is a real win for the region,” Senator Molan said.“The Morrison Government is continuing to back local businesses and local jobs and this contract is recognition by the US Navy of the substantial expertise which we have in the Shoalhaven region from the $270 billion investment in Australia’s defence capability.”Sikorsky Australia is a Lockheed Martin company. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agreement, army, Australia, Australian, Defence, Government, helicopter, Investment, Morrison, Morrison Government, navy, New South Wales, Nowra, price, Rome, Shoalhaven, U.S., United Stateslast_img read more

Evolution Education for K-12 Teachers Needs Beefing Up, Says CU-Boulder Prof

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail A failure to grasp the fundamentals of biological systems may be leaving K-12 teachers and students vulnerable to claims by intelligent design creationists, new-age homeopaths and other “hucksters,” according to a University of Colorado at Boulder biology professor.On the 150th anniversary of Charles Darwin’s classic book “The Origin of Species” that first described natural selection in detail, polls still show that only about one third of Americans believe evolution is supported by scientific evidence, said Professor Mike Klymkowsky of CU-Boulder’s molecular, cellular and developmental biology department. “The questions we are asking ourselves as scientists and educators is what the problem is here, and what are the objections to evolution,” he said.Klymkowsky said the disconnect is due in part to the inability of students and the public to understand the evidence for and the mechanisms behind the evolutionary process. There is difficulty in grasping the idea that random biochemical events can produce novel and useful adaptations, he said, and an inability to understand how such random events take place at the molecular and cellular level to generate evolutionary change.”We can’t leave students with mysteries about how biochemical processes work, because that’s when nonscientific information sneaks in,” he said. Klymkowsky gave two presentations on innovative science education programs at the American Association for the Advancement of Science meeting held Feb. 12-15 in Chicago.Klymkowsky and CU-Boulder Research Associate Kathy Garvin-Doxas co-developed the Biology Concept Inventory at CU-Boulder, which includes online surveys to measure undergraduate understanding of fundamental biological concepts. The inventory is especially useful when it is administered to students prior to course instruction to allow professors to better understand the needs of students in particular courses, he said.The BCI effort also includes obtaining short essays from thousands of students regarding their understanding of evolution and natural selection, genes and traits, including the notion of dominant and recessive genes, he said. Such essays have helped to identify commonly held misconceptions of biochemical processes, he said. As part of BCI, Klymkowsky and his colleagues also surveyed campus science faculty in different disciplines to assess which key concepts and ideas in fundamental biology they felt should be covered.Klymkowsky and Clemson University chemistry Professor Melanie Cooper were recently awarded a $500,000 grant from the National Science Foundation for a three-year project titled Chemistry, Life, the Universe and Everything, or CLUE. The project includes developing a general chemistry curriculum using the emergence and evolution of life as a springboard to introduce and explain related chemistry concepts, Klymkowsky said.Klymkowsky also is involved in the national Science Technology Engineering and Mathematics program at CU-Boulder, designed to improve introductory science and math courses and to recruit and train future K-12 science teachers. CU’s STEM program includes CU-Teach, an undergraduate program found on the Web at that leads to a math or science degree and a secondary education teaching license in four years.”A staggering percentage of the American public, ranging from plumbers to presidential candidates, fail to accept, at least in part because they don’t understand, the evidence for and mechanisms behind evolutionary processes,” said Klymkowsky. “Understanding the nuts and bolts of biological systems is important for all students, and particularly critical for those planning to become biology teachers or general science teachers.”An AAAS fellow, Klymkowsky has published more than 95 papers in cell and developmental biology and science education. His research has been funded by the NSF, the National Institutes of Health, the March of Dimes Birth Defects Foundation, the Pew Foundation, the Muscular Dystrophy Foundation, the American Heart Association and the American Cancer Society. Published: Feb. 15, 2009 last_img read more