Support Money – SMLXtlarge http://www.smlxtralarge.com/ Thu, 22 Jul 2021 03:58:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.smlxtralarge.com/wp-content/uploads/2021/07/icon-5-150x150.png Support Money – SMLXtlarge http://www.smlxtralarge.com/ 32 32 Placement of repair ballots received support and criticism – CBS Detroit https://www.smlxtralarge.com/placement-of-repair-ballots-received-support-and-criticism-cbs-detroit/ Thu, 22 Jul 2021 02:54:00 +0000 https://www.smlxtralarge.com/placement-of-repair-ballots-received-support-and-criticism-cbs-detroit/ (CBS DETROIT) –Detroit residents might see a question on the November ballot regarding the creation of a reparations committee to bolster racial fairness for black residents. “America has this deep, ugly history that it doesn’t… it chooses when it wants to recognize it,” said Yusef Shakur, a resident of Detroit. “Repairs are absolutely about the […]]]>

(CBS DETROIT) –Detroit residents might see a question on the November ballot regarding the creation of a reparations committee to bolster racial fairness for black residents.

“America has this deep, ugly history that it doesn’t… it chooses when it wants to recognize it,” said Yusef Shakur, a resident of Detroit. “Repairs are absolutely about the money, but it’s more important than the money. It is about repairing the evil. Repair the trauma, repair the oppression.

READ MORE: Mayor Duggan and city partners dedicate newly expanded neighborhood park after community leader Antonio McDuffy passes away

Detroit City Council Pro Tempore President Mary Sheffield presented the proposal which was unanimously adopted by council members on Tuesday, July 20.

Sheffield said the Black Detroiters are due and the commission will study ways to build generational wealth.

The proposed question reads as follows:

“Should the city of Detroit establish a reparations committee to make recommendations on housing and economic development programs that address historic discrimination against the black community in Detroit?” “

The measure receives criticism from the president of the Southern Christian Leadership Conference of Michigan, the Rev. Aaron McCarthy.

READ MORE: United States extends border restrictions with Canada until August 21

Yes, we deserve to have a committee, but I think this committee should be elected like any other body, ”said McCarthy. “Just like the city council was elected. Just like the charter commission was elected. I think he should be elected too, and he should be elected from a bunch of Detroiters. “

Reverend McCarthy told CW50 he believes the idea of ​​reparations is taken too lightly and that more needs to be done to ensure restorative justice for blacks in Detroit.

“My recommendation to everyone right now, and I repeat, we don’t need to vote on this right now,” McCarthy said. “For now, we have to let this go until we get something more concrete and geared towards reparations towards blacks.”

The resolution now passes to the Election Commission for consideration.

If the measure passes the committee’s legal review, it will then be sent to the county clerk for ballot placement.

NO MORE NEWS: Detroit PAL: Celebrating 50 Years of Character Building in Our Youth


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Olympus to Support AI Endoscopic Diagnosis Training for Physicians in Thailand | Your money https://www.smlxtralarge.com/olympus-to-support-ai-endoscopic-diagnosis-training-for-physicians-in-thailand-your-money/ Wed, 21 Jul 2021 06:01:59 +0000 https://www.smlxtralarge.com/olympus-to-support-ai-endoscopic-diagnosis-training-for-physicians-in-thailand-your-money/ TOKYO – (BUSINESS WIRE) – July 21, 2021– Olympus Corporation (Representative Executive Officer, President and CEO: Yasuo Takeuchi) participated in an innovative project as a business developer, in cooperation with the Ministry of Internal Affairs and Communications (MIC) of Japan, entitled “Survey Study for International Expansion of endoscopes using high-definition imaging technology AI diagnostic assistance […]]]>

TOKYO – (BUSINESS WIRE) – July 21, 2021–

Olympus Corporation (Representative Executive Officer, President and CEO: Yasuo Takeuchi) participated in an innovative project as a business developer, in cooperation with the Ministry of Internal Affairs and Communications (MIC) of Japan, entitled “Survey Study for International Expansion of endoscopes using high-definition imaging technology AI diagnostic assistance system in Thailand. “The project aims to develop advanced endoscopic diagnostics in Thailand, where there are relatively few endoscopists.

This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20210720006298/en/

MIC project participants (Photo: Business Wire)

Last year, Olympus participated in a project with the MIC to study the effectiveness and potential spread of the AI ​​diagnostic support system in India. Olympus conducted a demonstration survey of clinical applications in collaboration with a major Indian medical institution. Clinical use by Indian physicians and discussions with Japanese physicians have shown the efficacy and potential for future dissemination of the Endocyto 1 ultra-enlarged endoscope and software to aid diagnostic imaging of endoscopes with AI EndoBRAIN 2 and EndoBRAIN-EYE 3.

For the project in Thailand, in collaboration with CYBERNET SYSTEMS CO., LTD., Olympus conducted a demonstration survey on the efficacy and potential diffusion of the AI ​​diagnostic aid system in collaboration with the Thai Gastrointestinal Endoscopy Association (TAGE). Specialized lecturers and doctors from North Yokohama Hospital of Showa University and TAGE representatives from Siriraj Hospital, Rajavithi Hospital, King Chulalongkorn Memorial Hospital and Ramathibodi Hospital will provide expert advice to doctors at major medical institutions in Thailand. In addition to training physicians in disease detection techniques and differential colonoscope diagnosis, they will also train physicians to train the next generation of endoscopists between August 2021 and March 2022.

This project started on July 20. At the kick-off meeting, Satoshi Hemmi, Deputy Director General of the MIC Information and Communications Office, said: “We hope that the clinical benefit of the AI ​​diagnostic support system will be evaluated by TAGE doctors. We also hope that the cooperative relationship between Thailand and Japan in the field of medical ICT will further develop. “Nonthalee Pausawasdi, President of the Thai Association for Gastrointestinal Endoscopy, also commented,” On behalf of TAGE, it is a great pleasure to collaborate with MIC and Olympus for this opportunity. We are grateful to have the opportunity to enhance our AI experiences in endoscopy. We are confident that our collaboration will enable our members and the next generation of endoscopists to acquire new knowledge and skills in the latest AI technology for diagnostic endoscopy. ”

Background to Olympus’ participation

In Thailand, the cancer rate has increased in recent years due to an aging society and the westernization of eating habits associated with economic growth. In particular, colon cancer is becoming a social problem, with the fourth morbidity rate and the third death rate among all cancer cases. While the demand for endoscopy, which is essential for the early detection and treatment of cancer, is expected to increase, there is a shortage of physicians with the high level of knowledge and experience required for endoscopy. Olympus participated in this project to help trained specialists train physicians in Thailand and neighboring countries and to help disseminate and develop endoscopic diagnostics using the latest AI technology.

1 An endoscope that enables real-time cellular-level observation with optical magnification up to 520 times.

2 Real-time in-vivo AI analysis of colon lesions taken with ultra-high magnification endoscopes, digitally indicating the possibility of neoplastic and non-neoplastic polyps to help physicians differentiate and detect polyps using figures. (Manufactured by CYBERNET SYSTEMS CO., LTD.)

3 AI endoscopic diagnostic imaging support software that helps physicians diagnose lesions by alerting them if a polyp or other lesion is detected using standard colonoscope images. (Manufactured by CYBERNET SYSTEMS CO., LTD.)

Project of the Ministry of the Interior and Communications

The MIC aims to achieve the goal of sustainable development and the SDGs are committed to ensuring that “no one will be left behind”. To this end, the MIC aims to realize a model that contributes to the SDGs through digitization and to disseminate and promote an SDG + ICT model nationally and internationally between the public and private sectors. This project aims to contribute to the introduction and dissemination of the Japanese AI endoscopic diagnostic support system in Thailand and neighboring countries in response to the social problem of increasing cancer prevalence in Thailand.

  1. Investigation of the current state of policies in the medical, health and healthcare sectors in Thailand, and investigation of the current state of the introduction of medical ICTs in Thailand
    We collect information from leading medical institutions and external research institutes and investigate the status of dissemination of medical information systems, including endoscopy systems.
  2. Verification by proof of concept testing in Thailand
    Doctors from North Yokohama Hospital of Showa University will train doctors at Siriraj Hospital and other medical institutions in Thailand in detecting diseases using colonoscope with a system of ‘AI diagnostic aid to discriminatory diagnosis, and will train them as speakers to train instructors. Olympus provided equipment and training courses.

Company names and product names in this version are trademarks or registered trademarks of each company.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210720006298/en/

CONTACT: For any questions or additional information: Japan and APAC

Yuka horimoto

+ 81-90-2490-1071

yuka.horimoto@olympus.com

KEYWORD: THALANDE JAPAN ASIA PACIFIC

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE BIOTECHNOLOGY TRAINING MATERIALS HEALTH EDUCATION IN GENERAL HEALTH ONCOLOGY

SOURCE: Olympus Corporation

Copyright Business Wire 2021.

PUB: 07/21/2021 02: 00 / DISC: 07/21/2021 02:01

http://www.businesswire.com/news/home/20210720006298/en

Jeff Bezos flies into space aboard his own rocket:

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Governor Baker allocates $ 186 million for healthcare, hospitals and workforce https://www.smlxtralarge.com/governor-baker-allocates-186-million-for-healthcare-hospitals-and-workforce/ Tue, 20 Jul 2021 19:57:46 +0000 https://www.smlxtralarge.com/governor-baker-allocates-186-million-for-healthcare-hospitals-and-workforce/ Colin A. Young State House Press Service BOSTON – Governor Charlie Baker has decided to spend $ 186 million that the legislature has given him at its discretion on a list of priorities for health care and workforce development. The governor on Monday said he will invest $ 50 million in financially distressed hospitals, $ […]]]>

Colin A. Young State House Press Service

BOSTON – Governor Charlie Baker has decided to spend $ 186 million that the legislature has given him at its discretion on a list of priorities for health care and workforce development.

The governor on Monday said he will invest $ 50 million in financially distressed hospitals, $ 55 million to pay 10% rate increases for some health workers until the end of the year, will invest $ 31 million in acute psychiatric care facilities and use up to $ 50 million to train workers in advanced manufacturing, health care, information technology and construction.

“Our administration is putting that $ 186 million to work now because many communities in Massachusetts – especially low-income families and communities of color – have been disproportionately affected by COVID-19 and cannot wait to l ‘help,’ Baker said.

“More than 400,000 residents are expected to lose improved unemployment benefits in the first week of September, making funding for workforce training particularly urgent,” he said. “We look forward to working quickly with our colleagues in the Legislative Assembly to allocate additional funds and provide residents and families with relief from housing, economic, labor, health care and other issues,” that the Commonwealth continues to face as we recover from the crisis. Covid19 pandemic. “


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Lake area woman spreads ‘hope and acceptance’ with poster campaign https://www.smlxtralarge.com/lake-area-woman-spreads-hope-and-acceptance-with-poster-campaign/ Tue, 20 Jul 2021 11:27:16 +0000 https://www.smlxtralarge.com/lake-area-woman-spreads-hope-and-acceptance-with-poster-campaign/ Joyce L. Miller Amanda Burrows doesn’t disagree with anyone’s right to free speech, in fact, she says it’s one of the rights that make America great. Nor is she on a crusade to remove what she believes is a symbol of racism and oppression, a large Confederate flag, which has been placed on private property […]]]>

Joyce L. Miller

Amanda Burrows doesn’t disagree with anyone’s right to free speech, in fact, she says it’s one of the rights that make America great. Nor is she on a crusade to remove what she believes is a symbol of racism and oppression, a large Confederate flag, which has been placed on private property overlooking Highway 54 near Eldon.

What she hopes to accomplish is send a stronger message of hope and acceptance. Burrows spearheaded an effort to raise funds for a billboard that sits next to the large flag, with a simple yet powerful message… Equality Greater Than Hate.

Burrows, who lives in Tuscumbia, said she was embarrassed by the flag’s presence since it was installed. She believes in respectful and responsible dialogue and this is how she approached her contempt for the racism that the flag represents to her.


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President Joe Biden orders review of remittances to Cuba https://www.smlxtralarge.com/president-joe-biden-orders-review-of-remittances-to-cuba/ Tue, 20 Jul 2021 02:11:00 +0000 https://www.smlxtralarge.com/president-joe-biden-orders-review-of-remittances-to-cuba/ “Under President Biden’s leadership, the United States is actively pursuing measures that will both support the Cuban people and hold the Cuban regime to account,” the official said. The “Remittances Working Group” will work to “identify the most effective way to deliver remittances directly into the hands of the Cuban people,” the official said. Biden […]]]>

“Under President Biden’s leadership, the United States is actively pursuing measures that will both support the Cuban people and hold the Cuban regime to account,” the official said.

The “Remittances Working Group” will work to “identify the most effective way to deliver remittances directly into the hands of the Cuban people,” the official said.

Biden had said last week that he believed that under the current circumstances, the remittances – the practice of Americans transferring money to their Cuban relatives – would end up in the hands of the regime. But since then he has come under pressure to show solidarity with the protesters.

The Cuban government controls the island’s financial sector and all communications. Bypassing the government to send money or improve Internet access is a challenge other US administrations have tried and failed to overcome.

But the issue has grown increasingly urgent in recent days, alongside the biggest protests on the island in decades. Thousands of Cubans took to the streets across the country this month to protest chronic shortages of basic commodities, restrictions on civil liberties and the government’s handling of a worsening coronavirus epidemic, marking the most significant unrest in decades.

The State Department is also reviewing its plans to strengthen the staff of the United States Embassy in Havana “to facilitate diplomatic, consular and civil society engagement, as well as an appropriate security posture,” he said. declared the responsible.

The White House is studying the advisability of sanctioning “Cuban officials responsible for violence, repression and human rights violations against peaceful demonstrators in Cuba,” the official said. The United States “will intensify diplomatic engagement with regional and international partners to support the aspirations of the Cuban people.”

Last week, Biden said he was studying the possibility of restoring internet access in Cuba. The official said Monday that the United States “will work closely with the private sector and the United States Congress to identify viable options to make the Internet more accessible to the Cuban people.”

Since Biden came to power, Cuba’s policies have remained under review.

Under the Obama administration, Cuba oversaw the reopening of embassies and the relaxation of many restrictions in place since the embargo. But the Trump administration has adopted some of the toughest economic measures against Cuba in decades, reinstated travel restrictions, and – before stepping down – named Cuba a sponsor state of terrorism.

CNN’s Maegan Vazquez contributed to this report.


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Proposed live music grants could fund hundreds of concerts https://www.smlxtralarge.com/proposed-live-music-grants-could-fund-hundreds-of-concerts/ Mon, 19 Jul 2021 05:04:33 +0000 https://www.smlxtralarge.com/proposed-live-music-grants-could-fund-hundreds-of-concerts/ The city is seeking comments on the initial guidelines for the long-planned Live Music Fund, which would provide hundreds of grants of up to $ 10,000 to independent musicians and promoters to create new concerts and festivals across the city. Total proposed funding for the program is $ 2.5 million, with grant amounts ranging from […]]]>

The city is seeking comments on the initial guidelines for the long-planned Live Music Fund, which would provide hundreds of grants of up to $ 10,000 to independent musicians and promoters to create new concerts and festivals across the city. Total proposed funding for the program is $ 2.5 million, with grant amounts ranging from $ 5,000 to $ 10,000 each.

City staff presented suggested guidelines for the Live Music Fund event program at the Music Commission meeting last week, explaining that the commission’s focus on equity and communities Historically underserved will give priority in scoring applications to racial minorities and people with gender and disability. well-founded considerations. Other priority groups will be independent promoters with a membership of three or less, and Austin-based musicians and professional groups.

The initial guidelines state that the allocated funds can be used for live and virtual events, special events and festivals based in specific city council districts, and paid marketing plans that promote funded events as ‘tourist attraction to comply with the use of hotel occupancy tax dollars. used to fund the program.

Members of the Commission and the community can view the program guidelines online. Staff will collect comments for a report at next month’s committee meeting, at which time they will decide whether they can revise the guidelines for a final Council vote.

The Council approved the creation of the Live Music Fund in the fall of 2019, for the first time by specifically setting aside a portion of hotel tax revenues separate from the money allocated more broadly to the cultural arts. When hotel tax revenues plummeted in 2020 due to the Covid-19 pandemic, the commission chose to take about a year to make equity and diversity a priority in the use of the fund.

“I am impressed with these guidelines and the prioritization of not only fairness but also musicians because it is a clear statement of support,” said President Jonathan “Chaka” Mahone. “We’ve come up with proposals to help with venues and talked about nonprofits, but prioritizing artists and promoters with ideas, especially from underserved communities, is a great move.”

Erica Shamaly, Head of Music and Entertainment Division, said the overall goal of funding live music events creates more opportunities for new types of concerts and festivals in the city, with education on planning, promotion and digital marketing to help new promoters and musicians. succeed.

“The hope is that by putting the grants in the hands of the musicians, they can go out into the community and start collaborating and organizing new, exciting events,” she said.

“It could be at any of the many locations we have here in Austin. It could be in a public park. This is to give the funds that (the musicians) have probably always dreamed of having, to be able to go and book this residence in a place or have a festival weekend in order to bring together all their friends or other local musicians to put highlight a certain component of Austin.

Recipients will receive the last chunk of their money with the filing of a post-event report detailing their execution, marketing, and other elements of the event that will be used to create future best practices.

Commissioner Oren Rosenthal said the last step is important in justifying the program to skeptics.

“I don’t want this to be too bureaucratic, but the recipients of these grants, if we could ask them to tell the city what the benefit is, and I bet we could do some kind of benefit analysis and say X number of jobs and X number of performances resulted, ”he said. “These are some of my thoughts on how we can justify this and let Austin taxpayers as well as visitors know what their money is being used for.”

Photo of Matt made available via a Creative Commons license.

the Austin MonitorThe work of is made possible by donations from the community. While our reports cover donors from time to time, we make sure to separate commercial and editorial efforts while maintaining transparency. A full list of donors is available here, and our code of ethics is explained here.

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‘He left me all alone in the world’: Goats and soda: NPR https://www.smlxtralarge.com/he-left-me-all-alone-in-the-world-goats-and-soda-npr/ Sun, 18 Jul 2021 10:48:09 +0000 https://www.smlxtralarge.com/he-left-me-all-alone-in-the-world-goats-and-soda-npr/ Pooja Sharma, center, and her two daughters, Lata, 14, and Yukti, 12. They sit in front of a portrait of Sharma’s late husband and the girls’ father, Manmohan. He died of COVID in April, leaving Sharma to fend for her family on her own. Pooja sharma hide caption toggle legend Pooja sharma Pooja Sharma, center, […]]]>

Pooja Sharma, center, and her two daughters, Lata, 14, and Yukti, 12. They sit in front of a portrait of Sharma’s late husband and the girls’ father, Manmohan. He died of COVID in April, leaving Sharma to fend for her family on her own.

Pooja sharma


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Pooja sharma


Pooja Sharma, center, and her two daughters, Lata, 14, and Yukti, 12. They sit in front of a portrait of Sharma’s late husband and the girls’ father, Manmohan. He died of COVID in April, leaving Sharma to fend for her family on her own.

Pooja sharma

When Pooja Sharma, 35, lost her husband Manmohan to COVID-19 in India’s second deadly wave, she was devastated.

“After a few days of battling COVID-19, my husband realized he was not going to be okay,” Sharma said. “He asked me to take care of our daughters, then he left me all alone in the world.”

Manmohan, who died on April 17, was their family’s main provider. He had a job that brought people into clothing stores on commission. Without him, Sharma, who lives in Delhi, had no idea how she and their two daughters, aged 12 and 14, would live. She had no job and could not read. And she was an orphan and therefore had no parents who could help her.

Indian media are calling women like Sharma “the widows of COVID.” These are women who lost a spouse – often the sole breadwinner – during the pandemic. These widows find themselves facing additional financial burdens such as hospital bills as they mourn the loss of their partner. Government and nonprofit groups are now trying to support these women, especially those from low-income backgrounds, but researchers say that is not enough.

India has recorded more than 30 million cases of COVID-19 and 411,000 deaths. More than 200,000 of those deaths occurred in the second wave alone, which began in April and peaked in May.

It’s hard to measure how many women widowed in this second wave, says Rupsa Mallik, director of programs and innovations at CREA (Creating Resources for Empowerment in Action), one of the world’s largest advocacy organizations. women in India. She works with women’s non-profit organizations across South Asia and has followed the situation of COVID widows in India. “There is no data on the number of COVID widows in this country,” she said.

The national government does not provide gender-specific data on deaths from COVID. But some Indian states, including Bangalore and Pune, have data that shows the death rate during India’s second wave in their areas had a bigger impact on men – who could be husbands, fathers and breadwinners. – than on women.

Knowing how many COVID widows there are in India is crucial for groups who want to help them, says Mallik. “How do you target a policy towards a part of society if you don’t have the data?” ”

Cash help to the rescue?

Despite the lack of information, national and local governments are implementing programs to help these women.

On May 30, Prime Minister Narendra Modi announced that his administration would implement measures to protect families who had lost their main livelihood, regardless of gender, to COVID. This includes a pension equivalent to 90% of the average daily salary of the deceased person as well as insurance benefits. Eligible citizens can now request payments.

Several Indian state governments are also getting involved. The municipal organization of the city of Navi Mumbai, the Navi Mumbai Municipal Corporation, announced in June that COVID widows will receive a one-time compensation of about $ 2,020 plus about $ 1,346 for any equipment that can be used for self-employment. , like a sewing machine to start a sewing business. And Assam state announced in June that it would provide one-time financial assistance of about $ 3,357 to widows with COVID. These are small amounts – in India, a family living below the poverty line typically has an annual income of around $ 2,416.

Mallik says the money can be useful for very poor families who have lost their breadwinner, but there are several concerns. “For a truly disadvantaged family with low literacy skills, it is highly likely that male family members will try to take control of the money. In patriarchal households there will certainly be some appropriation of the money. silver.”

To receive government support, widows must present a marriage certificate and a death certificate indicating the cause of death was COVID. This creates another roadblock, Mallik says. “Even when deaths are recorded, they may not be recorded as COVID-related deaths” due to factors such as poor record keeping. “So disadvantaged families cannot access financial aid.”

Vocational training to survive

Widows – especially from poorer backgrounds – need more than money, says Parmod Kumar, director of the Institute for Social and Economic Change, a Hyderabad-based think tank that helps women in the areas. rural areas through agricultural development.

Nonprofits are now providing a variety of resources to COVID widows, Mallik says. “They are filling in the gaps where the government is lacking.” This includes grief counseling and mental health services.

But there is also an urgent need for practical support, which charities are also providing. “COVID widows must be independent,” Kumar says. “They have to start working if they are to support their families. Skilling these widows [through job training] will help them in the long run. “

Sharma now works with a nonprofit group called Pins and Needles, which helps hundreds of women in Delhi use their household skills like sewing and knitting to make handicrafts such as aprons, masks, toys and earings. These articles are featured on the group’s Instagram and Facebook accounts; customers, mainly in India, can order directly from a website.

“All proceeds from the items go to women,” says Simran Kaur, founder of Pins and Needles.

In recent months, the group has reached out to dozens of COVID widows. For women like Sharma, the program was a lifeline. “After my husband died, it seemed like my world was over,” she says. “Who was going to give a job to a poor, uneducated woman like me? I thought about killing myself because I couldn’t think of a way to take care of my daughters.”

Sharma earns around $ 60 a month selling her crafts. Although she is grateful for the money, she wishes she could earn more. When her husband was alive, he earned up to $ 240 a month for their family. This put them just below India’s poverty line, but was enough for them to float, she says.

Still, Sharma says the job makes her feel a little more confident to live on her own. But nothing can replace her late husband Manmohan, she said. He was the love of her life.

Her family didn’t approve of Sharma because she was an orphan, but he married her anyway. That’s how badly he wanted to be with her.

Wiping away her tears, she said, “I miss my husband.”

Agnee Ghosh is a freelance journalist based in Kolkata, India, who wrote for South China Morning Post, The Globe and Mail and Atmos. Follow her on Twitter @agnee__.



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Summit County Opioid Healing Fund Grants Aim To Fight Addiction And Recovery https://www.smlxtralarge.com/summit-county-opioid-healing-fund-grants-aim-to-fight-addiction-and-recovery/ Sat, 17 Jul 2021 10:01:30 +0000 https://www.smlxtralarge.com/summit-county-opioid-healing-fund-grants-aim-to-fight-addiction-and-recovery/ Nearly half of the $ 104 million settlement Summit County received as part of a federal opioid trial is now available to local nonprofits fighting opioid addiction and recovery . The Akron Community Foundation will award a total of $ 500,000 in grants – with individual grants totaling up to $ 25,000 – through its […]]]>

Nearly half of the $ 104 million settlement Summit County received as part of a federal opioid trial is now available to local nonprofits fighting opioid addiction and recovery .

The Akron Community Foundation will award a total of $ 500,000 in grants – with individual grants totaling up to $ 25,000 – through its Summit County Opioid Healing Fund to nonprofits supporting county residents directly. affected by the opioid epidemic.

To be considered, grant applications must meet at least one of these priorities:

• Community strategies that support the goals of the Summit County Opioid Reduction Plan, which includes education, prevention, harm reduction and treatment.

• Programs, projects or events that provide increased opportunities for peer support services, recovery services and community recovery events.

The foundation listed examples, including increasing services, covering operational costs or organizing annual events. However, capital improvements will not be approved.



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What the IMF’s plan to disburse $ 650 billion in special drawing rights means for poor countries https://www.smlxtralarge.com/what-the-imfs-plan-to-disburse-650-billion-in-special-drawing-rights-means-for-poor-countries/ Fri, 16 Jul 2021 01:54:34 +0000 https://www.smlxtralarge.com/what-the-imfs-plan-to-disburse-650-billion-in-special-drawing-rights-means-for-poor-countries/ July 17, 2021 WASHINGTON DC TSE IMF didn’t exactly sit on the sidelines during the covid-19 pandemic. Since the onset of the crisis, it has provided loans worth about $ 130 billion to 85 countries and provided debt service relief to some poor economies. Yet, given the severity of the pandemic and the IMFIts ample […]]]>

TSE IMF didn’t exactly sit on the sidelines during the covid-19 pandemic. Since the onset of the crisis, it has provided loans worth about $ 130 billion to 85 countries and provided debt service relief to some poor economies. Yet, given the severity of the pandemic and the IMFIts ample track record – its lending capacity was raised to $ 1 billion after the global financial crisis – you might have expected more. On July 8, the fund took what appears to be a big step in the right direction by deciding to create $ 650 billion in new foreign exchange reserves. Is it really generous?

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The plan does not involve direct loans to countries, nor the use of IMFthe balance sheet of. Rather, it is the creation and allocation of “special drawing rights” (DTSs), a quasi-currency created in the 1960s to stimulate the supply of high-quality reserve assets such as dollars and gold. DTSCurrencies are valued against a basket of several major currencies and can be exchanged for those currencies if needed. The use of these funds is not subject to any conditions and the associated interest rate is minimal. Governments pay 0.05% on the DTSs that they use, with no deadline for repayment of funds.

Such allowances are a familiar tool in the fight against crises; in 2009, the IMF agreed to a distribution of $ 250 billion. An allocation during the pandemic could have come sooner without early opposition from America, which has sufficient voting power to block such measures. President Joe Biden’s administration, however, is now backing an allowance. (The $ 650 billion, conveniently, is just short of the amount that requires approval from America’s cranky legislature.) The fund’s board of governors will vote on the disbursement on August 2. If, as expected, it is approved, the DTSs will be distributed later this month.

Whether or not countries draw on it, the additional reserve cushion should boost market confidence and reduce the risk of currency depletion leading to balance of payments crises. (The fund estimates that over the next five years, the global economy is likely to face a shortage of reserve assets of $ 1.1 billion to $ 1.9 billion.) Additional reserves can be particularly useful. if a meteoric economic recovery causes interest rates to rise. in America. This could precipitate an outflow of money and weaken currencies in poor countries, leading to a difficult financial situation and higher import prices. The new allocation will give governments more leeway to use their hard currency reserves to import food or vaccines.

Still, the huge title figure seems more generous than it really is. New DTSs will be widely distributed in proportion to the funding countries provide to the IMF– which means the rich world will receive more than half of the award. Low-income countries will receive only 3.2% of the total, which equates to $ 21 billion, or about 4% of their combined output before the pandemic. That doesn’t seem like enough, given that these places face new variants without sufficient vaccines and cannot borrow as easily as the wealthy.

In order to correct the imbalance between allocation and need, rich countries with little need for additional reserves are looking for ways to donate some of their new DTSs. Contributions of around 15 billion dollars in the existing DTS farms have already helped to expand a IMF facility offering interest-free loans to poor countries over the past year. A larger facility, funded by DTS donations of up to $ 100 billion could be announced in August. This aims to boost health systems in poor countries, support economic recovery and help them prepare for climate change.

The financial contortions behind DTSs invites criticism. Republicans in the US Congress, for example, worry that the allowance offers little help to poor countries while offering a boon to rivals like China and Russia. In fact, such places are unlikely to make much use of their DTSs. More targeted aid would likely face its own political obstacles. A rotating and opaque medium may not be ideal; but that’s probably the best the fund can do.

This article appeared in the Finance and Economics section of the print edition under the headline “Every Little Help”


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Monthly child tax credit payments begin Thursday. Here is what you need to know. https://www.smlxtralarge.com/monthly-child-tax-credit-payments-begin-thursday-here-is-what-you-need-to-know/ Wed, 14 Jul 2021 21:54:35 +0000 https://www.smlxtralarge.com/monthly-child-tax-credit-payments-begin-thursday-here-is-what-you-need-to-know/ Families across the United States will begin receiving a monthly child tax credit payment on Thursday as part of the US bailout, a move according to Representative John Yarmuth that will greatly help poor children in Kentucky. “With just one change to our tax code, we are lifting thousands of Louisville children and their families […]]]>

Families across the United States will begin receiving a monthly child tax credit payment on Thursday as part of the US bailout, a move according to Representative John Yarmuth that will greatly help poor children in Kentucky.

“With just one change to our tax code, we are lifting thousands of Louisville children and their families out of poverty and halving the nation’s poverty rate,” Yarmuth, the Commonwealth’s only Democrat in Congress, said on Wednesday. at a press conference promoting the tax credit.

It is estimated that 146,000 Louisville children – over 86% of the city’s children – will benefit, he said during his announcement to the Louisville Urban League.

After:The money is there, but the wait is long for Louisville residents in need of rent relief

“Put simply, we are preparing children and parents for success, and it is time for them to be the priority of our tax code,” he said.

More than 46,000 Louisville families will receive up to $ 300 per month per child for the remainder of 2021, Yarmuth said. They will receive the other half of their child tax credit funds after they file their income tax return next year.

Here’s what families need to know about this new perk:

Am I eligible?

Families with one or more children under the age of 18 are entitled to the full amount of the child tax credit this year if their income is less than:


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