By Dialogo May 20, 2009 The Peruvian writer Mario Vargas Llosa said that he will voice his ideas freely during his upcoming trip to Venezuela and that this need not frighten anyone, in response to an official warning from the United Socialist Party of Venezuela (PSUV) that he could be exiled from the country if he tries to discredit the government of Hugo Chávez. In an interview with the Lima daily La Republica, the writer said: “I have my ideas and I express them freely wherever I am. Furthermore, I always express them with dignity, so of course I’m going to do so in Venezuela.” “I have been invited by Venezuela, by an institution that defends the same ideas I defend: democracy, freedom, peaceful coexistence, the rejection of all forms of violence in human relations and political activity. And I believe that these ideas are respected in any country, including Venezuela,” he added. When asked about the possibility of being exiled from his country, the writer said he hoped “that doesn’t happen. Venezuela has always been a very hospitable country and I hope it remains so. We are going to a meeting where he will discuss ideas. Nobody is coming with destabilization in mind. It will be an intellectual presentation, and that need not frighten anyone.” On Monday the PSUV warned that Vargas Llosa would be exiled if he tried to “discredit the government” of Chavez during next week’s visit to Caracas to participate in a symposium on freedom and democracy. “Mario Vargas Llosa comes with provocation in mind. The PSUV will support any government decision, such as exiling a person who comes here to discredit us,” David Medina, a PSUV member, told the press. “We want to warn these intellectuals who are about to come to the country. They come to provoke us, to create scandal, and to start a smear campaign over the issue of freedom of expression,” he added. Other participants in this symposium include Mexican historian Enrique Krauze, former Bolivian President Jorge Quiroga, Colombian writer Plinio Apuleyo Mendoza, and intellectual and former Mexican Foreign Minister Jorge Castañeda.
12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr According to research conducted by Strategy Analytics and reported by NFC World, more than 100 million people will make an NFC (near-field communication) mobile payment in 2016. And within five years, the value of transactions conducted via NFC handsets will skyrocket to an estimated $240 billion.Digital wallets, such as Apple Pay, Samsung Pay and Android Pay, sit squarely at the center of this growing market. And while the experts agree that all roads lead to a future economy that revolves around mobile, consumers to-date have been slow to embrace mobile payments, due at least in part to their perception that the technology is not secure.In fact, Raddon Financial Group research published in CU Today reveals that 56 percent of smartphone owners surveyed won’t make a mobile payment today over perceived security concerns.The reality is that the tokenization technology securing Apple Pay, Samsung Pay and Android Pay transactions very effectively protects consumers from card fraud – and much more effectively than swiping a physical card, something consumers do routinely without hesitation. continue reading »
continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The new managing director of the International Monetary Fund, Kristalina Georgieva, revealed striking statistics at the institution’s annual meeting in Washington, DC, in October. Two years ago, 75% of the world’s nations reported an uptick in their gross domestic product (GDP). In 2019, 90% face a major slowdown as measured by purchasing power parity.What might happen to a credit union’s loan portfolio if economic conditions in the United States shifted abruptly? Callahan & Associates is not in the business of predicting recessions; however, the firm can help credit unions determine whether the loans they have on the books or are planning to make are good for individual members as well as the overall membership.One way to do that is by looking at asset quality, how credit unions are hedging for the future, and where the U.S. economy is heading.Credit Union Lending TrendsFirst mortgages totaled $81.6 billion and represented more than 26.0% of all loans at credit unions in the second quarter of 2000. As of June 30, 2019, they totaled more than $440 billion and represented 41.1% of the loan portfolio. That’s an increase of over 15.0 percentage points.
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ODDS-ON FAVORITE VALE DORI CRUISES BY 2 ½ LENGTHS IN GRADE II, $200,000 LA CANADA STAKES; SMITH & BAFFERT TEAM TO GET 1 1/16 MILES IN 1:44.95
ARCADIA, Calif. (Jan. 14, 2017)–Sent from her inside post from the outset, heavily favored Vale Dori took no prisoners as she waltzed gate to wire to a 2 ½ length win under Mike Smith in Saturday’s Grade II, $200,000 La Canada Stakes at Santa Anita. Trained by Bob Baffert, the newly turned 5-year-old Argentine-bred mare notched her third consecutive win as she negotiated a mile and one sixteenth over a main track listed as “good” in 1:44.95.With second choice Wild At Heart in close attendance down the backside, Smith called upon Vale Dori approaching the three furlong pole and opened up immediately, making the La Canada a race for the minor placings at that point.“It’s important to have her versatility,” said Smith. “I think she’s got to the point where she’s not a one dimensional horse and I think she’d even sit off of someone now if they wanted to get crazy…I look for her to do some great things. She’s got a long year ahead of her and hopefully she won’t run into my other big mare (Jerry Hollendorfer’s Songbird) and I get to ride them both.”Owned by Sheikh Mohammed bin Khalifa al Maktoum, Vale Dori, who was making her sixth start for Baffert in Southern California, came off an impressive three length win in the Grade II Bayakoa Handicap at Del Mar Dec. 3 and she now has four wins in combination with Baffert.Off at 1-5 in a field of five older fillies and mares, she paid $2.60, $2.10 and $2.10. (With $632,101 out of the total show pool of $682,814 bet on her, Vale Dori created a minus show pool of $119,663).“She’s come a long way,” said Baffert. “It was tough to get a bridle on her before. She was tough. She’s improving, we see it. I’m just glad she’s doing well. We’ll get her ready for the big guns. I wonder if Mike will stay on her (laughing).”Trainer Art Sherman’s Show Stealer, next to last going into the far turn, picked up the pieces and ran second, some 7 ½ lengths clear of Autumn Flower.Ridden by Tyler Baze, Show Stealer was off at 13-1 and paid $5.80 and $3.40.Autumn Flower, who was ridden by Drayden Van Dyke, was content to lag well back in last, but kept to her task through the drive, as she came up the rail to finish third by a half length.Off at 20-1, Autumn Flower paid $5.00 to show.Fractions on the race were 23.63, 47.58, 1:12.43 and 1:38.37.First post time for a nine-race card on Sunday at Santa Anita is at 12:30 p.m. Admission gates open at 10:30 a.m.