Unique over-temperature protection, when the IC driver find the substrate temperature beyond 85°C, power will be reduced to reduce heat; no overheat shut down. It stop reducing the power automatically when the temperature becomes normal, which makes the lamp safer and usage longer.
These LED COB chips can be connected directly to 230V thanks to the integrated driver. The chips are thus more efficient and the lamps produced with them are less susceptible to errors. Save money and power.
Do not press the COB, it will damage the chips!


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Patients unhappy with the appearance of their nose can benefit from rhinoplasty at our Ottawa, ON cosmetic practice. Before undergoing this type of treatment, one of the most common concerns patients have is how they will look when recovery is complete.
Fortunately, advances in technology now allow patients to preview what their nose will look like after the rhinoplasty procedure. Here, we discuss 3-D imaging for rhinoplasty, and explore how this innovative technology can offer our patients peace of mind.
Colloquially referred to as a nose job, rhinoplasty can reshape and contour the nose for a more balanced and uniform appearance. There may be several different reasons why patients pursue this type of cosmetic treatment.
At our practice, Dr. Brownrigg utilizes VECTRA® 3-D Imaging to virtually demonstrate how the nose will look following rhinoplasty. This software offers a side-by-side comparison to simulate the changes that this type of cosmetic surgery can offer.
In addition to showing patients a before and after composite, VECTRA can also help patients determine specific aesthetic goals. This is particularly helpful for those who desire a change but are not sure exactly where to start.
How Does 3-D Imaging for Rhinoplasty Work?
To obtain digital diagnostic images, photos are taken with a 3-D camera. Once this is complete, the files are uploaded to our computer and manipulated with our Sculptor™ software program. There, the compiled images can be manipulated to demonstrate the eventual outcome of treatment.
Keep in mind that the goal of rhinoplasty is to bring balance and symmetry to the entire face, not just the nose. Therefore, 3-D imaging can make it much easier to visualize potential results as they relate to full facial aesthetics. Even better, the software program can tweak the images until the desired effect is achieved. Then, Dr. Brownrigg can use the final image to appropriately reshape the nose during surgery.
Before the advent of 3-D imaging, patients had to simply trust that their doctors understood their cosmetic goals. With today's advanced technology, patients can actually see what their doctors are thinking.
With 3-D imaging, patients can sit down with the doctor and explore a number of aesthetic options. This enhances communication between the surgeon and the patient and also increases the accuracy of treatment.
Computer imaging has truly changed the way we perform plastic surgery. This technology allows the patient to review and visually confirm the cosmetic changes he or she desires, while also providing the doctor with a solid and detailed treatment plan.
To learn more about our advanced technology, rhinoplasty, or any other cosmetic treatment option, schedule a consultation at our practice. As always, our team is available to answer any questions you may have. Contact us online or call us at (613) 724-1214.


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IMF cuts Georgia's economic growth forecast
Friday, June 14, 2013 - 3:30pm 0 comments
Photo: www.thehindu.com
Following the EBRD, Fitch Rating and other international organizations, the International Monetary Fund (IMF) also downgraded Georgia's economic forecast rate. The IMF decreased the estimate of the country's economic growth from 6% to 4%. Moreover, according to the IMF forecast the budget deficit will further deepen and fall below the minimum target of 3% established under the Economic Liberty Act of Georgia. The IMF also assumes that the budget deficit will deteriorate from the current 2.8% to 3.3% of the GDP.
Among the causes of the economic slowdown, the IMF names the uncertainty about government policies among investors as the key reason. Based on representatives of business, the IMF says that major reforms are often announced without providing details about their content and implementation. Such reforms are healthcare, labor code, Partnership Fund and the establishment of new private equity funds.
According to the IMF, the reduction in electricity tariffs lowered the profitability of electricity distribution companies, thereby hindering investments in this sector. The IMF also notes the vagueness of the reasons behind that reduction. It recommends the Georgian government to publish the terms of the agreements reached with the electricity distribution companies, so that the reasons behind the tariff cuts can be understood.
According to the IMF, the uncertainty among investors was already observed ahead of last year's October parliamentary elections and reinforced thereafter. The IMF explains that by several reasons, including slower disbursement of government spending, higher than anticipated real interest rates, and political tensions.
The IMF believes that the Georgian economy has a great potential to grow but that requires that political tension are diffused and the government makes it clear how it is going to run the country and what its policies are.
Topics: IMFEconomic forecastEconomic growthBudget deficitSlowdownElectricity tariffsElectricity distribution companiesOctober parliamentary electionsUncertainty among investors Short link:
Making bets in a burning house: Georgia's anti-gambling initiative
American Military Bases in Azerbaijan?
3 Million Visitors Entered Georgia in First Six Months of 2017
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text:
26 June, 2019 // Blog, Civic News
Beezneez are back; we had a chat with Artistic Director John McDwyer
The ever-popular Beezneez Return to the Civic in July, This time with 'Touch and Go', a hilarious romp about mistaken identity. We had a chat with John in advance of the show,
Can you tell us a little bit about yourself, and where you grew up?
I was born in Sooey, Co. Sligo sometime in the last century. I worked in AIB until my early retirement in 1997 when I became involved in the birth of Beezneez Theatre Company and have remained as Artistic Director since , having fought off several attempted coups (I wish). I have lived in Carrick on Shannon in 1984 and I aren't going anywhere else.
What is your background in performing?
My first serious involvement in acting came with Phoenix Players, Tubbercurry when I played Gar Private in an All Ireland winning production of 'Philadelphia, Here I Come' in 1981. I continued to act with Phoenix until my transfer to Carrick on Shannon in 1984 when I carried on acting and was thrust into directing by that company. I began writing in 1992 and my first radio play, Month's Mind won the RTE PJ O'Connor award in that year. That win was to inspire a total of eight stage plays to date and several Radio Plays. In 1997, I had the unique distinction of competing against my own play at the All Ireland Finals in Athlone when I won the best actor award for Frank in Educating Rita with Breffni Players and when Corn Mill Theatre Group brought my first stage play, Lovely Leitrim to third place.
Tell us About Beezneez Theatre company?
Beezneez Theatre Company was founded in 1996 out of the frustration that the many fine actors in various groups in the Leitrim, Sligo, Longford and Cavan areas could never get the chance to work together because of the festival system. It was and is, therefore, an umbrella group where those people can come together to work on single projects. It can be honestly said that the intention was to do this for a three year period, just to prove the point. However, our founding coincided with the opening of many new provincial theatres who were looking for product and we very quickly became a victim of our own success and we are still going after 22 years. When what is currently a joy becomes a job, we will exit stage left.
What can our Tallaght audience expect from the show 'Touch n'Go'?
The response, so far, to Touch and Go has been remarkable. This is a little performed farce which is a pure gem and we can guarantee Civic audiences a night of laughter and craic with these five enormously talented actors.
In October, we will premiere my new play, Twilight, in The Dock, Carrick on Shannon. As with all new work, we will not have any idea of its worth until it goes before an audience. We would HOPE it merits a national tour in 2020 so keep your eyes peeled for that.
Can you tell us a random fact about yourself?
My love of Sligo Rovers FC is unconditional and I gaze on the fortunes of Shams with benign indifference !!!
Hmmmmmm, is that a jab at our beloved Shamrock Rovers?!?
CLICK HERE TO BOOK NOW
18 January, 2020 TENDERFOOT 2020: Original plays, written by 15/16 year old playwrights
10 January, 2020 Apply: Commission for Early Years and Children
12 December, 2019 Snow White Social Story
5 December, 2019 It's International Volunteer Day
18 November, 2019 Snow White; Meet the Cast: Lauren Nevin


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'ASPEN' magazine, multimedia experience Experience MACBA
LecturesAll audiences
Described by its editors as 'the first three-dimensional multimedia magazine', ASPEN was produced at the initiative of the American publisher Phyllis Johnson from 1965 to 1971. Each of the ten editions that came out sporadically appeared in a different box or archive, containing materials in various formats: books, postcards, flexi-discs, posters and super-8 films. Among its editors, designers and contributors, it brought together some of the most pioneering figures in European and American contemporary art.
Each of the editions of ASPEN remains a sort of 'time capsule' that transports us back to when it was created. From the third edition, the orientation of the publication changed: it went from being a model of the social life of the ski resort of Aspen, Colorado, to become the main showcase for artistic movements of its day. This variety alone proved to be one of its most valuable features.
This activity, which revolves around the idea of the 'magazine in a box', is presented as a dialogue with the public, which gives insight into the various editions of ASPEN, taking us to the environment where the magazine was conceived and the needs that it covered. The relation between some of its contents and MACBA's lines of research and practice will also be discussed.
With de support of:
Space devoted to 'ASPEN' magazine, MACBA
SATURDAY 29 MARCH AT 7 PM
Antònia Maria Perelló, chief curator of the MACBA Collection
Aida Roger de la Peña, associate curator
MACBA Public Programmes
programespublics [at] macba [dot] cat
11 January, 2014 to 9 February, 2014
ASPEN, are we in Colorado? MACBA with the Family
ASPEN "The Multimedia Magazine in a Box. Nº3. The Pop Art issue", 1966
Guided tour to the "ASPEN' magazine, multimedia experience' exhibition


The unique Seville Orange with its sharply bitter juices gives this zesty marmalade an aromatic intensity and flavour.
Nothing compares with its taste on hot buttered toast or croissants. This deliciously tart marmalade is made with tantalizingly subtle thin peel for extra flavour and is freshly made with this season's Seville oranges.
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This Limited Edition Seville Orange Marmalade is healthy and tasty, with a 60% fruit content, really low in sugar (only 45gms / 100gm marmalade), is gluten, wheat and dairy free and suitable for Vegetarian & Vegan diets.


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redpajama_set_name: RedPajamaGithub


text:
The high brightness test stand
D. L. Birx, George J Caporaso, J. K. Boyd, S. A. Hawkins, S. E. Poor, L. L. Reginato, D. Rogers, M. W. Smith
The High Brightness Test Stand is a 2 MeV, ≤10 kA electron accelerator module. This accelerator module which was designed as an upgrade prototype for the Advanced Test Accelerator (ATA) combines solid state nonlinear magnetic drives with state-of-the-art induction linac technology. The facility serves a dual role as it not only provides a test bed for this new technology but is used to develop high brightness electron optics. In the following we will both further describe the accelerator as well as present some of the preliminary electron optics measurements.
Nuclear Inst. and Methods in Physics Research, A
Fingerprint Dive into the research topics of 'The high brightness test stand'. Together they form a unique fingerprint.
test stands Physics & Astronomy
Particle accelerators Engineering & Materials Science
Luminance Engineering & Materials Science
electron optics Physics & Astronomy
Electron optics Engineering & Materials Science
brightness Physics & Astronomy
accelerators Physics & Astronomy
modules Physics & Astronomy
Birx, D. L., Caporaso, G. J., Boyd, J. K., Hawkins, S. A., Poor, S. E., Reginato, L. L., Rogers, D., & Smith, M. W. (1986). The high brightness test stand. Nuclear Inst. and Methods in Physics Research, A, 250(1-2), 49-56.
The high brightness test stand. / Birx, D. L.; Caporaso, George J; Boyd, J. K.; Hawkins, S. A.; Poor, S. E.; Reginato, L. L.; Rogers, D.; Smith, M. W.
In: Nuclear Inst. and Methods in Physics Research, A, Vol. 250, No. 1-2, 01.09.1986, p. 49-56.
Birx, DL, Caporaso, GJ, Boyd, JK, Hawkins, SA, Poor, SE, Reginato, LL, Rogers, D & Smith, MW 1986, 'The high brightness test stand', Nuclear Inst. and Methods in Physics Research, A, vol. 250, no. 1-2, pp. 49-56.
Birx DL, Caporaso GJ, Boyd JK, Hawkins SA, Poor SE, Reginato LL et al. The high brightness test stand. Nuclear Inst. and Methods in Physics Research, A. 1986 Sep 1;250(1-2):49-56.
Birx, D. L. ; Caporaso, George J ; Boyd, J. K. ; Hawkins, S. A. ; Poor, S. E. ; Reginato, L. L. ; Rogers, D. ; Smith, M. W. / The high brightness test stand. In: Nuclear Inst. and Methods in Physics Research, A. 1986 ; Vol. 250, No. 1-2. pp. 49-56.
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title = "The high brightness test stand",
abstract = "The High Brightness Test Stand is a 2 MeV, ≤10 kA electron accelerator module. This accelerator module which was designed as an upgrade prototype for the Advanced Test Accelerator (ATA) combines solid state nonlinear magnetic drives with state-of-the-art induction linac technology. The facility serves a dual role as it not only provides a test bed for this new technology but is used to develop high brightness electron optics. In the following we will both further describe the accelerator as well as present some of the preliminary electron optics measurements.",
author = "Birx, {D. L.} and Caporaso, {George J} and Boyd, {J. K.} and Hawkins, {S. A.} and Poor, {S. E.} and Reginato, {L. L.} and D. Rogers and Smith, {M. W.}",
journal = "Nuclear Instruments and Methods in Physics Research, Section A: Accelerators, Spectrometers, Detectors and Associated Equipment",
T1 - The high brightness test stand
AU - Birx, D. L.
AU - Caporaso, George J
AU - Boyd, J. K.
AU - Hawkins, S. A.
AU - Poor, S. E.
AU - Reginato, L. L.
AU - Rogers, D.
AU - Smith, M. W.
N2 - The High Brightness Test Stand is a 2 MeV, ≤10 kA electron accelerator module. This accelerator module which was designed as an upgrade prototype for the Advanced Test Accelerator (ATA) combines solid state nonlinear magnetic drives with state-of-the-art induction linac technology. The facility serves a dual role as it not only provides a test bed for this new technology but is used to develop high brightness electron optics. In the following we will both further describe the accelerator as well as present some of the preliminary electron optics measurements.
AB - The High Brightness Test Stand is a 2 MeV, ≤10 kA electron accelerator module. This accelerator module which was designed as an upgrade prototype for the Advanced Test Accelerator (ATA) combines solid state nonlinear magnetic drives with state-of-the-art induction linac technology. The facility serves a dual role as it not only provides a test bed for this new technology but is used to develop high brightness electron optics. In the following we will both further describe the accelerator as well as present some of the preliminary electron optics measurements.
JO - Nuclear Instruments and Methods in Physics Research, Section A: Accelerators, Spectrometers, Detectors and Associated Equipment
JF - Nuclear Instruments and Methods in Physics Research, Section A: Accelerators, Spectrometers, Detectors and Associated Equipment


Trump and Pence speak at an anti-immigration rally in Arizona. The two publicly denounce football players' kneeling protest on Twitter.
Sunday football is a long-standing American tradition.
Now, it's a kneeling tradition, and the White House has had enough.
On Sunday, Oct. 8, Vice President Mike Pence left the San Francisco 49ers v. Indianapolis Colts football game in Indiana after 23 players on the 49ers kneeled for the National Anthem. The Colts opted to link arms.
According to CNN, National Football League (NFL) spokesperson Joe Lockhart said the league had no comment regarding the vice president's actions.
Shortly after, Trump followed up with a tweet of his own, supporting Pence's leaving the game.
Later, Pence issued an official statement to justify his response to the protesting players.
The Trump administration was tweeting in response to a peaceful protest that former 49ers quarterback Colin Kaepernick started in August 2016. While the administration was not in office during that time, Trump's recent responses to the ongoing protest have brought the debate to the forefront of media coverage.
Trump's tweets denounced the kneeling football players by expressing how he feels that the protest disrespects the flag and the country.
However, in past statements, Kaepernick has stressed his intent to highlight racial oppression, not disrespect veterans.


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text:
Q: C# / Try-Catch для большого колличества строк кода Подскажите пожалуйста как лучше обработать исключения, которые могут возникнуть в процессе конвертации? строчек очень много, база спроектирована ужасным образом, могут быть и NULL и вообще что угодно. Каждую строку заключать в try-catch не вариант вообще.
        Main.id = Convert.ToInt32(MainData.Rows[0]["id"]);
        Main.date_zv = Convert.ToDateTime(MainData.Rows[0]["date_zv"]);
        Main.flyurograf = Convert.ToDateTime(MainData.Rows[0]["flyurograf"]);
        Main.date_nr = Convert.ToDateTime(MainData.Rows[0]["date_nr"]);
        Main.tel = MainData.Rows[0]["tel"].ToString();
        Main.misce_reg = MainData.Rows[0]["misce_reg"].ToString();
        Main.misce_prog = MainData.Rows[0]["misce_prog"].ToString();
        Main.idenkod = MainData.Rows[0]["idenkod"].ToString();
        Main.ditu = MainData.Rows[0]["ditu"].ToString();
        Main.dekret = MainData.Rows[0]["dekret"].ToString();
        Main.prumitka = MainData.Rows[0]["prumitka"].ToString();

A: Попробуй написать функцию которая будет проверять можно ли привести данные к нужному тебе виду(что-то вроде этого):
private bool Try(dynamic data, dynamic view)
    {
        //data - то что нужно проверить
        //view - то к чему нужно свести
        try { view(data); }
        catch { return false; }
        return true;
    }

redpajama_set_name: RedPajamaStackExchange


Artform Collective is a wonderfully diverse company that has been trading for almost 25 years. In that time, we have dedicated ourselves to the stylish transformation of homes and commercial premises. Although picture and mirror framing were our core business to start, approximately 15 years ago, we used our glass and design knowledge and skill to extend our business into the decorative glass arena. From this moment, we never looked back. We are extremely proud to have a large showroom to showcases our products, ranging from framed and unframed mirrors, frameless shower screens, balustrades, glass splashbacks, picture framing (from custom to ready-made) and prints that have been framed, ready for immediate hanging. Our designers and glaziers are ready to help you with your next project, no matter how big or small.
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text:
Child Custody and Request for Guardian ad Litem
At the Orange County Law office of David P Schwarz we are dedicated lawyers who fight for the rights of children in child custody proceedings including appointing a guardian ad litem to the case. Please contact our office at 949 735 9266 or via the web. We can also be reached by email at dpslaw66@gmail.com.
A child custody lawyer will petition the court for appointment of a guardian ad litem in any case when the minor person lacks legal capacity to make decisions for themselves in a family court setting or in probate court. In addition, often there is a conservator appointed as well.
The child custody lawyer will make sure the guardian or conservator of the estate or guardian ad litem appears for a person who lacks legal capacity to make decisions and have power, with the approval of the court in which the action or proceeding is pending, to agree to an order or judgment to be entered therein for or against the ward, and to satisfy any judgment or order in favor of the ward or release or discharge any claim of the ward pursuant to that compromise. That means the guardian will step into the shoes of the minor and settle all legally binding agreements and lawsuits filed against the minor.
At the Orange County of Law Office of David P Schwarz we will make sure the appointment of the guardian ad litem done procedurally correct and without any problems with the Superior Court where the action against or for the minor is filed. For example if the minor is the plaintiff the appointment must be made before the summons is issued, upon the application of the minor, if the minor is 14 years of age or older, or, if under that age, upon the application of a relative or friend of the minor. In addition, If the minor is the defendant, upon the application of the minor, if the minor is 14 years of age or older, and the minor applies within 10 days after the service of the summons, or, if under that age or if the minor neglects to apply, then upon the application of a relative or friend of the minor, or of any other party to the action, or by the court on its own motion.
A child custody attorney will ensure that the powers of the guardian ad litem are dealt with correctly. A guardian ad litem may be appointed in addition to a guardian or conservator appointed under the Probate Code for custody purposes, because the role of a guardian ad litem, who is appointed only for purposes of the action, is solely to protect and defend the ward's interest in the suit.
A guardian or guardian ad litem representing the interest of a minor in probate proceedings is not a party to the action; instead, he or she is a representative of record of a party who lacks capacity to sue; a minor's guardian ad litem's powers include the right to compromise or settle an action, to control the procedural steps incident to the conduct of the litigation, and, with the approval of the court, to make stipulations or concessions that are binding on the minor, provided they are not prejudicial to the latter's interests.
At the Orange County Law Office of David P Schwarz we are very conscientious advocates for minors who are subject to a lawsuit. We will make sure any action filed against a minor child has a guardian ad litem appointed in the child custody proceedings. Please contact our office at 949 735 9266 or via the web. We can also be reached by email at dpsaw66@gmail.com.
Child Custody an International Move Way Considerations
Child Custody and Criminal Violations of Witholding the Child From the Other Parent Under Penal Code Section § 278.5
Child Custody and Emancipation of Minor
Child Custody and Ex Parte Orders
Child Custody and Grandparent Visitation Rights
Child Custody and Home State Jurisdiction
Child Custody and Kidnapping the Criminal Consequences
Child Custody and Military Temporary Duty, Mobilization and Deployment
Child Custody and Move Away Issues
Child Custody and Non Parent Custodial Rights
Child Custody and Parentage by Estoppel
Child Custody and the Best Interest Standard of Review
Child Custody and the Consequences of Drug and Alcohol use of a Parent Under Family Code Section 3041.5
Child Custody and the Full Faith and Credit it is Given by Other States Under Federal Law § 1738A.C
Child Custody and the Hague Convention Treaty
Child Custody and the Mediation Process
Child Custody and the Testimony of a Child Witness Where Child is Asked to Give Their Preference
Child Custody Emergency Jurisdiction
Child Custody Evaluation
Family Relocation
Fathers' Rights
How the Uniform Child Custody Jurisdiction and Enforcement Act Works
Interstate Child Custody
Joint and Sole Custody
Termination of Parental Rights Through Abandonment of The Children Under Family Code Section 7822
Child Custody and Request for Guardian ad Litem | Orange County Divorce Lawyers


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Julanne Johnston ( - ) fut une actrice américaine du cinéma muet.

Biographie

Elle étudia la danse à la Denishawn School et joua deux saisons pour l'Hollywood Community Theatre.

Julanne Johnston est connue pour s'être trouvée sur le yacht de William Randolph Hearst lors du décès, en novembre 1924, du producteur et réalisateur Thomas Ince. La même année, elle fut l'une des WAMPAS Baby Stars et eut le rôle féminin principal dans Le Voleur de Bagdad, film qui comptait à son générique Anna May Wong et Douglas Fairbanks.

Filmographie sélective
 1919 : Better Times de King Vidor
 1922 : Le Jeune Rajah (The Young Rajah) de Phil Rosen
 1923 : The Brass Bottle de Maurice Tourneur
 1923 : Javalie le mystérieux (Madness of Youth) de Jerome Storm
 1924 : Le Voleur de Bagdad (The Thief of Bagdad) de Raoul Walsh
 1925 : La Grande Parade de King Vidor
 1926 : Pleasures of the Rich de Louis J. Gasnier
 1926 : Aloma (Aloma of the South Seas) de Maurice Tourneur
 1926 : Le Lys de Whitechapel (Twinkletoes) de Charles Brabin
 1926 :  de Bertram Bracken
 1929 :  de William A. Seiter
 1929 : Loin du ghetto (The Younger Generation) de Frank Capra
 1929 : The Show of Shows de John G. Adolfi
 1930 : Madame Satan (Madam Satan) de Cecil B. DeMille

Notes et références

Liens externes

Naissance à Indianapolis
Actrice américaine du muet
WAMPAS Baby Stars
Naissance en mai 1900
Décès en décembre 1988
Décès dans le comté de Wayne (Michigan)
Décès à 88 ans

redpajama_set_name: RedPajamaWikipedia


text:
Home > Organisational Design > Manager Relationships > AP2's relationships in China
AP2's relationships in China
Sarah RundellMarch 5, 2019
In the next of this new regular series, we examine the relationships that evolved as Sweden's AP2 decided to invest with local managers in China. The story examines the process for choosing and monitoring Chinese managers, and the burgeoning focus on sustainability in that market.
Swedish fund, the SEK345 billion ($39.1 billion)AP2, jumped straight into the deep end when it decided to invest in China six years ago. At that time it mandated 1 per cent of AUM to three local managers to run stock picking strategies in its inaugural investment in China A shares in 2013. This included a $270 million allocation to Cephei Capital Management, part of alternative manager CDH Investments.
The relationship saw Cephei's long-term, value approach coupled with AP2's insistence and guidance on a sustainability lens, and is a lesson on how to succeed in investing in China.
"In 2017 our allocation to China A shares returned an average alpha of 30 per cent," says Patrik Jonsson head of manager selection, public assets at AP2. "That's 3,000 basis points, not 30 basis points. It was quite astonishing."
AP2's China journey started in 2005 when it isolated five key reasons to invest. Familiar now but novel at the time, this included a desire to benefit from the structural changes reshaping the Chinese economy and the diversification benefits of an allocation to China.
The process stalled when multiples for China A Shares shot up and valuations looked out of whack; then the financial crisis struck and the whole idea was put on hold.
By 2011, A Shares were no longer trading at such a premium and AP2 applied for – and was swiftly granted – a Qualified Foreign Institutional Investors (QFII) licence and allocated a quota. It all happened so quickly the pension fund was forced to decline its first quota because it hadn't secured managers and it couldn't fulfil the requirement that quotas must be filled in 30 days. Given the ease of the process it remains a source of surprise to Jonsson that AP2 is still one of the few Swedish institutional investors in China.
"In early 2018 there were only four Swedish QFII licence holders able to invest in China. I have the impression that we are pretty alone in this field and that really surprises me," he says.
One problem lies in finding a local partner.
AP2 chose six managers, although it has only allocated to three so far: APS, Cephei and UBS. It's shortlist was whittled down from a long list of 30 in a lengthy selection process based on alignment around long-term value investing and sustainability.
For many long-term investors the high turnover among Chinese equity managers and the quick money culture is off-putting, explains Li Gang, chief executive at Cephei. He's trying to build a different culture at the firm where clients now include Stanford University, Norway's Central Bank and Abu Dhabi's ADIA.
"Research analysts have an average life span of three years in our mutual fund industry. At Cephei we emphasis partnership – more than 12 of our senior staff are shareholders," he says.
Other concerns also needed to be overcome. Jonsson, who travels to China twice a year to visit the managers on their home turf, joined AP2 in 2015 and needed to get under the skin of the three managers. But Cephei was the hardest to get to know.
"One reason was the language barrier since not all staff at Cephei are fluent in English and translators at meetings are common. I had the feeling that I was missing out on detail," he recalls. "However, every time we met the team we grew more confident. They were on top of risk control and understood the importance of sustainability," Jonsson says.
That detail was important given AP2's active China strategy was a change of tack from its quant approach across its SEK113 billion ($12 billion) allocation to global and emerging market equity.
Cephei's bottom-up strategy focuses on picking stocks in healthcare, financial services, manufacturing and companies benefiting from China's industrialisation. Fifteen researchers propose companies for a stock pool where each is rated according to short and long-term characteristics made up of criteria like sector outlook, core competence, growth potential, and the quality of management. Based on this, stocks are classified into buckets or tiers which dictate the amount Cephei will invest.
"We can only construct portfolios from stocks in the stock pool," says Li.
At this point Cephei's portfolio managers take over and risk management becomes the priority.
"We are not a high growth investor. High growth demands very expensive valuations that we don't understand and can't justify. We focus on value and growth at reasonable valuations," says Li, who became a convert to long-term, value strategies and their ability to generate alpha when he was running the equity sales desk for China's largest investment bank China International Capital Corporation. He left in 2006 to set up the CDH offshoot Cephei Investments and run public equity allocations for QFII clients.
Put to the test
It wasn't long before Cephei's long-term, value approach was put to the test. In late 2014 / early 2015 Chinese equities rallied more than 50 per cent, driven by the bank sector and high beta names. Cephei ignored short-term trading pressures and the small, speculative stocks but it caused the manager to significantly underperform.
"At the end of 2014 the market was up over 50 per cent; we trailed it by more than 10 per cent," Li syas.
Then it was AP2's turn to show its commitment.
"I wasn't with AP2 at the time, but I can imagine my colleagues at the fund would have felt the stress of allocating to China in a benchmark agnostic way and one year on, seeing significant underperformance," says Jonsson.
As it was, the experience helped cement the relationship on both sides: AP2 was reassured that Cephei stuck to its principles and did what it had said it would, and AP2 proved that when the going got tough, it wouldn't jump ship to a better performing manager.
"They supported us at a difficult time and that is precious capital in China," said Li.
In a sign of AP2's growing confidence, Jonsson extended the benchmark agnostic approach to give the managers even more freedom to deviate from MSCI's China index and expand its alpha hunting grounds. AP2 also increased it's A Shares allocation to 2 per cent of total assets under management.
"It didn't' really make sense to limit them on tracking error because we were asking managers to ignore the benchmark," says Jonsson who ensured thatall three were involved in setting the new risk limits which included a heightened focus on concentration risk to ensure diversity.
"Because we had their feedback and input, they couldn't come back to us and say their performance had been hampered due to this, or that, limitation," he says.
Not only did that decision inform 2017 returns, it also reduced volatility. "The really interesting thing is that although all the managers have been given freedom from a risk perspective, analysis shows their strategies have less volatility than their peers or the index."
Low volatility and high returns is one holy grail. For AP2 sustainability is another. It lies at the heart of strategy to the extent every external manager must score well to secure an allocation, in a process that is then ongoing for its Chinese managers. The fund asks managers "constant questions" and demands a "report back" on ESG factors across all holdings on a quarterly basis. It's a process that Jonsson explains often leads to a clash of manager opinions where the portfolios overlap.
"We don't judge whose right or wrong; it's interesting to hear different views on the same topic," he says.
Although Cephei won the mandate for its grasp and willingness in the area, it wasn't something the manager had spent much time on before. Nor is it easily applied to Chinese A shares.
"AP2 pushed us on ESG and at the time it was like a foreign concept in the China A share market," Li says.
But Cephei's lead on sustainability has made its relationship with AP2 unique. Jonsson says that the manager's engagement with portfolio companies is taking the ESG message to the China A share market, where many firms have weak scores because of poor disclosure, for the first time.
In a sign of its commitment Cephei has put new resources and frameworks into sustainability, like establishing an ESG committee with representatives from the firm's risk management, research and investment teams. It is also working with MSCI, recently meeting with the index provider to learn how it can beef up its approach.
"We also gave them our thoughts and feedback. It wasn't a one-way presentation but a very productive, thought provoking discussion," says Cephei's investor relations head, Frank Fan in a nod the manager's growing expertise.
"It's all about attitude; we don't think ESG is a reporting burden. We believe that ESG helps pick better companies and makes better investments. We are very proud of playing an instrumental and constructive role in the China A shares market," Fan says.
A growing cohort of institutional investors are "impressed" by Cephei's ESG team, admits Li.
Jonsson goes further, believing that the manager has carved a niche that will allow it to draw much more capital going forward.
"They are at the forefront of Chinese managers adopting ESG. It will help them attract more capital from institutions like ourselves," Jonsson says.
Neither are worried that growing competition will crimp the success they've had. MSCI has just announced the intention to increase the weight of China A shares in its indices from 5 per cent to 20 per cent, and as China's market becomes more efficient at allocating capital and pricing risk, so it will get more difficult to generate alpha.
It's not going to happen tomorrow, says Li who predicts ample room to outperform in the years to come.
AP2, Cephei, China, China A shares, emerging markets, manager relationships, Patrick Jonsson
Asset Owner:
AP Fonden 2 (AP2)
Share your comments and feedback with the editor
Sarah Rundell is a staff writer for Top1000funds.com based out of London. She writes on institutional investment across all asset classes, global trade and corporate treasury.
Relationship built on knowledge transfer
A knowledge exchange between the State of Wisconsin Investment Board and its manager, Parametric, has seen the fund become comfortable understanding the instruments involved to manage a chunk of its total levered allocation in-house.
Sarah RundellJune 12, 2019


Ryan Goodman is co-faculty director of the Center for Human Rights and Global Justice. He is also a co-faculty director of the Center on Law and Security, and founding co-editor-in-chief of Just Security. He is the Anne and Joel Ehrenkranz Professor of Law and a Professor of Politics and Professor of Sociology at NYU.
Prior to moving to NYU, Ryan was the inaugural Rita E. Hauser Professor of Human Rights and Humanitarian Law and Human Rights Program Director at Harvard Law School. He received his JD from Yale Law School, where he served as an articles editor of the Yale Law Journal. He received a PhD in Sociology from Yale University. After law school, he clerked for Judge Stephen Reinhardt of the US Court of Appeals for the Ninth Circuit.
Ryan serves on the Board of Editors of the American Journal of International Law and on the Board of Editors of International Theory. He is a member of the US Department of State's Advisory Committee on International Law, a member of the Council on Foreign Relations, a member of the US Naval War College's Board of Advisers for International Law Studies, and a member of the Board of Editors of the American Journal of International Law.
His articles include "The Detention of Civilians in Armed Conflict," (American Journal of International Law, 2009), "Humanitarian Intervention and Pretexts for War" (American Journal of International Law, 2006) and "How to Influence States: Socialization and International Human Rights Law" (Duke Law Journal, 2004) (with Derek Jinks). He has also co-authored several books, including International Human Rights in Context: Law, Politics, Morals (Oxford University Press 3rd ed., 2007) (with Philip Alston and Henry Steiner), and Socializing States: Promoting Human Rights through International Law (Oxford University Press, 2013) (with Derek Jinks).


 Status: TAAG recommended disapproval at the December 2018 meeting unless all written conditions listed in the CPRC Report of the Chair dated December 15, 2018 were satisfied.
Status: TAAG recommended approval at the December 2018 meeting with recommendation as listed in the CPRC Report of the Chair dated December 15, 2018.
Status: TAAG recommended approval with a change to require the use of a Conditional Use Permit with recommendations at its November 2018 meeting.
Status: TAAG recommended approval with conditions at its November 2018 meeting.
Status: TAAG recommended approval at its September 2018 meeting.
 Status: TAAG recommended approval at its September 2018 meeting.
Status: Recommended approval (4-0), 8/16/18.
Status: Recommended approval with conditions (4-0), 7/19/18.
Status: Recommended approval (4-0), 7/19/18..
Proposed Minor Use Permit for a 2904 sq ft horse barn, 600 sq ft utility building, 738 sq ft office; 2958 Templeton Road, Templeton.
Proposed Lot Line Adjustment between four legal lots; 7365 Adelaida Road in Adelaida planning area.
Proposed Conditional Use Permit for road improvements to an existing agricultural road, four new residential driveways, and four building pads; Old Creek Road, Cayucos (sportion of site includesTAAG district).
Proposed Conditional Use Permit for cannabis activities to include indoor greenhouse cultivation (22,000 sq ft grow area; 30,000 sq ft building total), three acres outdoor cultivation, manufacturing (8,000 sq ft), and nursery outdoors (115,000 sq ft) on South El Pomar Road in Templeton.
Status: At May 17 TAAG meeting, considered; recommendations issued (5-0).
Proposed Minor Use Permit for cannabis cultivation including three one-acre outdoor cultivation sites, and one 2,200 sq ft greenhouse; 630 El Pomar Drive, Templeton.
Status: At May 17 TAAG meeting, considered; recommendations issued (5-0).
Proposed Lot Line Adjustment to swap existing overall acreage to provide for private access to each parcel, as opposed to shared easements; 1861 and 1875 Santa Rita Road , Templeton.
Status: At May 17 TAAG meeting, recommended approval (6-0).
Status: Motion to recommend project with conditions was defeated (2-5).
Status: Motion to recommend approval of project with conditions was approved (7-0).
Status: Motion to recommend project as presented was defeated (2-4).
Status: County Planner Michael Conger presented changes to Title 22 and other land use codes for SLO County; no action taken by TAAG.
Proposed Minor Use Permit for a vacation rental located at 5415 Fairhills Road, in the Adelaida planning area.
Status: Application withdrawn by applicant.
Status: Motion to recommend project with conditions was approved at April 2018 TAAG meeting (4-0-1).
Proposed minor use permit for modification of existing building from classroom to temporary field office and ultimately a winery of 933 sq ft with tasting area; 830 Templeton Road.
Status: Motion to recommend project was approved at April 2018 TAAG meeting (5-0).
Proposed Parcel Map and concurrent Conditional Use Permit for 36 apartment units consisting of studios, one-bedroom and two-bedroom units, and a 3264 square foot community center; 1035 Petersen Ranch Road, Templeton.
Status: Motion to recommend project was approved at April 2018 TAAG meeting (4-1).
Proposed Minor Use Permit for a vacation rental; 4645 Jack Creek Road, in the Adelaida planning area.
Status: Motion to recommend project with conditions was approved at April 2018 TAAG meeting (5-0).
Proposed split of ten-acre parcel to two five-acre parcels; 1430 Eureka Lane, Templeton.
Copyright © Templeton Area Advisory Group.


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Overview Ruffino is one of the largest, and certainly the best known, of the big Chianti producers. You'll find their bottles (which span every price point) at every mid-scale Italian restaurant in the country, and plenty of upper- end joints as well. Those labelled Chianti Superiore are subject to stricter aging requirements—a minimum of nine months, including three months in the bottle—than the base-level Chianti DOCG wines.
Nose The rich aromas include earth, vegetables, and mushrooms.
Mouth With this wine's distinct taste of autumn leaves and dried tea leaves, it's no wonder one blind taster exclaimed that he could have kept drinking it for a while.


text:
approve, net, neutrality', regulators, rules, US
US regulators approve 'net neutrality' rules
WASHINGTON, Dec 21, 2010 (AFP) – US telecom regulators, in a vote split on party lines, approved rules Tuesday that supporters said are needed to ensure an open Internet but opponents decried as unnecessary government intervention.
The five-member Federal Communications Commission (FCC) agreed to the rules aimed at safeguarding "network neutrality," the principle that lawful Web traffic should be treated equally, by a 3-2 vote at an open meeting here.
The three Democrats on the panel voted in favor of the rules, which are likely to face legal challenges and Republican opposition in Congress, while the two Republicans voted against them.
"Our action will advance our goal of having America's broadband networks be the freest and fastest in the world," said FCC chairman Julius Genachowski.
The FCC's first-ever "net neutrality" rules met with a mixed reaction, with public interest groups and some Democrats saying they did not go far enough and Republicans condemning them as government meddling in the private sector.
President Barack Obama said the FCC move "will help preserve the free and open nature of the Internet while encouraging innovation, protecting consumer choice, and defending free speech."
Representative John Boehner, a Republican from Ohio who is slated to become speaker when the Republicans take control of the House of Representatives in January, said "the new House majority will work to reverse this unnecessary and harmful federal government power grab."
The rules are a balancing act by the FCC between support for consumers and the cable and telephone companies that are the US Internet Service Providers.
One controversial rule saw the FCC endorse taking a different approach to fixed broadband and mobile broadband, giving wireless providers greater freedom to manage their networks because of spectrum issues.
Under the new rules, both fixed and mobile broadband providers are allowed to conduct "reasonable network management."
The rules would prevent fixed broadband providers from blocking lawful content, applications or services, providing their own video content at a faster speed, for example, than that of a rival.
Wireless providers may not block access to lawful websites or applications that compete directly with their own voice or video telephony services but they could block other applications or services.
Fixed broadband providers can also charge consumers according to usage, a metered pricing practice already used by some wireless carriers.
Craig Aaron, managing director of public interest group Free Press, said the rules "don't do enough to stop the phone and cable companies from dividing the Internet into fast and slow lanes, and they fail to protect wireless users from discrimination.
"No longer can you get to the same Internet via your mobile device as you can via your laptop," Aaron said.
Senator Al Franken, a Democrat from Minnesota, said "net neutrality" is the "most important free speech issue of our time" and the rules fall "far short."
"Mobile networks like AT&T and Verizon Wireless would be able to shut off your access to content or applications for any reason," he said. "For instance, Verizon could prevent you from accessing Google Maps on your phone, forcing you to use their own mapping program, Verizon Navigator, even if it costs money to use and isn't nearly as good."
Verizon said it was "deeply concerned" by the split FCC vote.
"The FCC appears to assert broad authority for sweeping new regulation of broadband wireline and wireless networks and the Internet itself," it said. "This assertion of authority without solid statutory underpinnings will yield continued uncertainty for industry, innovators, and investors."
Michael Copps, one of the Democrats on the FCC, expressed regret that the rules — while discouraging — did not explicitly ban "paid prioritization," the practice of a company paying for the faster delivery of its own content.
Robert McDowell, one of the Republican commissioners, described the vote as one of the darkest days in recent FCC history" and said it would open the door to "a global Internet regulatory pandemic."
"The courts will easily sink it," McDowell predicted.
"Nothing is broken in the Internet access market that needs fixing. Existing law and Internet structures provide ample protection to consumers," he said.
The FCC drafted the rules after suffering a legal setback in April when a court ruled that it had not been granted the authority by Congress to regulate the network management practices of Internet service providers.
Source: SGGP
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text:
A 26ª Edição dos Prémios do Cinema Europeu foi apresentada no dia 7 de dezembro de 2013, por Anke Engelke. Esta edição ocorreu em Berlim, Alemanha.

Os vencedores foram selecionados pelos mais de  membros da Academia de Cinema Europeu. As nomeações para estes prémios foram anunciadas em 9 de novembro de 2013, no Festival de Cinema Europeu de Sevilha.

Vencedores e nomeados
 A cor de fundo       indica os vencedores.

Melhor filme

Melhor comédia

Melhor realizador/diretor

Melhor atriz

Melhor ator

Melhor argumentista/roteirista

Melhor diretor de fotografia - Prémio Carlo Di Palma

Melhor montador/editor

Melhor diretor de arte

Melhor figurinista

Melhor compositor

Melhor sonoplasta

Filme revelação - Prémio da crítica (FIPRESCI)
Os nomeados para Melhor Filme de Estreia foram selecionados por uma Comissão composta por representantes dos Prémios do Cinema Europeu e da Federação Internacional de Críticos de Cinema (FIPRESCI).

Melhor documentário

Melhor filme de animação
Os nomeados para Melhor Filme de Animação foram selecionados por uma Comissão composta por membros do Conselho dos Prémios do Cinema Europeu e representantes da Associação Europeia de Cinema de Animação.

Melhor curta-metragem
Os nomeados para Melhor Curta-Metragem foram selecionados por um júri independente em vários festivais de cinema por toda a Europa.

Melhor coprodução - Prémio Eurimages
 Ada Solomon

Contribuição europeia para o cinema mundial
 Pedro Almodóvar

Prémio de carreira
 Catherine Deneuve

Prémio do Público
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Prémio do Público Jovem

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2013 no cinema
2013 na Alemanha


Mae Ploy is a Thai dipping sauce that is used in a lot of Thai cooking. It is both sweet and spicy, with a slight garlic taste. While it has a little spice, it is very mild. Most grocery stores carry it on their Asian specialty aisle.


text:
WVFI goes global
Author: Jaclyn Villano
Published: Winter 2000-01
WVFI, the longtime campus radio station with the small and diminishing audience, has been transformed into a worldwide Internet webcaster at http://wvfi.nd.edu.
The station abandoned its place at 640 on the AM dial in 1999 in hopes of attaining a more powerful FM frequency like that belonging to WSND, the mostly classical music station that broadcasts from campus. Lack of upkeep and an outdated carrier current had caused WVFI's transmitter to deteriorate to the point that only a handful of residence halls could receive its signal. Increasing computer use on campus also interfered with the signal.
Because it could take years for WVFI, whose call letters stand for Voice of the Fighting Irish, to obtain an FM license, station managers turned their attention to the Internet. The University agreed, and in fall 1999 WVFI moved to the web.
As before, administrators intended that station's programming would be accessible only by members of the campus community, now by logging into the campus computer network. However, because of an inadvertent programming error, for a while anyone could connect to the site. Finally in October of last year, worldwide access to the WVFI site was made permanent. Now, in addition to college radio music and campus news, Irish fans anywhere can hear student announcers do play-by-play of ND football games. The station also plans to webcast Notre Dame hockey, baseball, basketball, even the intramural football playoffs.
As with other webcasts, listening to WVFI requires having RealPlayer or equivalent software installed on your computer.