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Two acquitted of complicity in murder of journalist Carlos Guadamuz

first_img News May 18, 2004 – Updated on January 20, 2016 Two acquitted of complicity in murder of journalist Carlos Guadamuz Follow the news on Nicaragua NicaraguaAmericas September 29, 2020 Find out more Judge Rafaela Urroz on 14 May acquitted Yadira Margarita Membreño, wife of the murderer, and Luís Alfredo Garcia, owner of the murder weapon, of complicity in the murder of journalist Carlos Guadamuz. The judge ruled that there was insufficient evidence to warrant a conviction. The journalist’s family and the Public Ministry plan to appeal against the decision.——————————————————————19.04.2004 – 21-year prison sentence for the murderer of Carlos GuadamuzOn 19 April, William Hurtado, 43, has been sentenced to 18 years in prison for the murder of journalist Carlos Guadamuz, and to three-and-a-half years for attempted murder of the journalist’s son, who chased him after the killing. The prosecutor, who had asked the judge Rafaela Urroz to impose the maximum penalty of 30 years, has decided to appeal.For friends and relatives of the journalist, who had challenged leading Sandinista figures, the reasons for the murder remain murky. During the trial, the killer denied that he had acted on the orders of the Sandinista National Liberation Front (FSLN). Investigations are continuing.The trial is due to open on 4 May 2004 of Hurtado’s wife Yadira Membreño and Luís Alfredo García, the owner of the murder weapon. Both are charged with complicity in the crime.—————————————————————————-11 February 2004 – Reporters Without Borders expressed its anger and concern after the murder of prominent and outspoken television journalist Carlos Guadamuz.Guadamuz, producer and presenter of the broadcast “Dardos al Centro”, put out by CDNN (also known as Channel 23), was shot dead in front of the channel’s studios as he arrived for work on 10 February.The killer shot him several times at point blank range with a 38 revolver. Station staff immediately overpowered the gunman and he was identified as William Hurtado García. Eyewitnesses said he had been lying in wait for his victim for almost an hour.”Reporters Without Borders welcomes the fact that the killer was arrested and your commitment to track down all those who were implicated in this cowardly act,” the international press freedom organisation said, in a letter to President Enrique Bolaños Insisting on being kept informed of the progress of the investigation, Reporters Without Borders added, “since several people believe the killing was linked to the journalist’s public stances, we call on you to do everything possible to uncover the motives for the murder.””If it turns out to be the case that Guadamuz was killed for his opinions or his work, that would be very bad news for democracy in Nicaragua, where no journalist has been killed for several years,” it added.Guadamuz, a leading journalist, was head of public radio La Voz de Nicaragua at the time of the Sandinista revolution (1979-1990) then of Radio Ya, the radio of the Sandanista National Liberation Front (FSLN), until 2000 when he was expelled after deciding to stand for a seat on Managua’s municipal council. He then became closer to the right-wing Constitutional Liberal Party (PLC) and got a job working for the public Canal 6 until it closed in 2002. For the past several months he rented a slot on CDNN for his daily broadcast, which was known to be very hard-hitting and fiercely critical of the FSLN. The victim’s oldest son accused the party’s leader Daniel Ortega, of being the “chief suspect” in the death of his father. “He is my father’s biggest enemy,” he told the local press. In a statement the FSLN condemned the murder which it also described as a set up. “This murder was carried out to make it look like the FSLN was behind it. There is no doubt about that,” said Tomás Borge, deputy general secretary of the party. July 29, 2020 Find out more RSF_en News Help by sharing this information Gruesome death threats against Nicaraguan exile journalistcenter_img RSF and PEN urge Nicaraguan legislators to reject “foreign agents” bill News Receive email alerts News June 29, 2020 Find out more NicaraguaAmericas Nearly half of UN member countries have obstructed coronavirus coverage Organisation to go furtherlast_img read more

The Week Ahead: Discussing Financial Regulation and More

first_img  Print This Post Previous: The Link Between Housing Affordability and Wage Growth Next: Gateway Mortgage Group Completes Merger with Farmers Exchange Bank Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago May 10, 2019 1,089 Views Demand Propels Home Prices Upward 2 days ago Subscribe Tagged with: Banking Regulation Senate The Best Markets For Residential Property Investors 2 days ago Banking Regulation Senate 2019-05-10 Seth Welborn About Author: Seth Welborn The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, Market Studies, News On Wednesday at 9:30 am ET, the Senate Committee on Banking, Housing, and Urban Affairs will conduct a hearing on the “Oversight of Financial Regulators.” The witnesses will be: The Honorable Joseph M. Otting, Comptroller of the Currency, Office of the Comptroller of the Currency; The Honorable Randal K. Quarles, Vice Chair for Supervision, Board of Governors of the Federal Reserve System; The Honorable Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation; and The Honorable Rodney E. Hood, Chairman, National Credit Union Administration.The Committee previously discussed regulation earlier this year, specifically the supervision of financial institutions, in a hearing titled “Guidance, Supervisory Expectations, and the Rule of Law: How do the Banking Agencies Regulate and Supervise Institutions?”“Banks receive significant forms of government support and benefits, including deposit insurance and access to the Fed’s discount window,” said Committee Chair Mike Crapo. “In exchange for these benefits, which ensure that American consumers have stable access to their deposits, banking agencies supervise banks and in return expect them to operate in a safe and sound manner.”In her testimony, Margaret Tahyar, Partner, Davis Polk & Wardwell LLP discussed the “shadow” regulatory systems, or oral principles, not made public nor written down. This includes the practice of regulation by negotiation in the application process.“An illustrative example, which can be used because it is one of the few to become public, comes from applications by Citicorp, J.P. Morgan, and Bankers Trust New York Corporation in 1987 to underwrite and deal in municipal revenue bonds, mortgage related securities and commercial paper,” Tahyar said. “During negotiations with agency staff, each applicant ‘voluntarily’ consented to market share limitations while protesting that they saw no need for them. When considered for review by the Federal Reserve Board of Governors, the banks admitted that they agreed to the limitations only to ‘expedite the applications.’”Here’s what else is happening in the Week Ahead.Fed Consumer Expectations—Monday, 11 am ETNAHB home builders’ index—Wednesday, 10 am ETNAHB/Wells Fargo housing market index—WednesdayCensus Bureau Housing Starts/ Building permits—Thursday, 8:30 am ET Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Home / Daily Dose / The Week Ahead: Discussing Financial Regulation and More Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles The Week Ahead: Discussing Financial Regulation and More Share Savelast_img read more

Financial transparency series continues with conversation on University spending, housing

first_imgAs a continuation of their financial transparency series, student government organized “Casual Conversations with Shannon and Lou,” where vice president of University Relations Lou Nanni and vice president for finance Shannon Cullinan delivered a presentation breaking down how the University allocates its funds in Carey Auditorium Monday evening.The event was an effort to continue the goal put forth by the McGavick-Gayheart administration to “increase transparency,” outgoing student body vice president and senior Corey Gayheart, who facilitated the event, said. “One of the focuses during my time as student body vice president has been to increase transparency on campus — whether it be student government or administrators or how the University operates,” he said. Nanni said the years he and Cullinan spent working at the Center for the Homeless were crucial to their current goals of making the Notre Dame community more welcoming.“I would say that’s been a really formative experience on us … looking at Notre Dame and how to make it a more inclusive place and to make Notre Dame inclusive on a number of different levels,” Nanni said. Nanni began by addressing new construction on campus. He said the money used to build new buildings around campus does not come out the operating budget of the University, meaning it does not come out of student tuition.“The money isn’t coming out of your tuition, room and board dollars — it’s rather being paid for by philanthropy,” he said. “That would be philanthropy for not only the physical construct, but for the ongoing maintenance.”Cullinan and Nanni showed an overall breakdown of the University’s revenue, which showed net tuition revenue is only 32 percent — a statistic Cullinan said often “surprises people.” Endowments contribute to 38 percent, the largest source of revenue Notre Dame has. “Over the next 10 years I would guess that [endowments] will make up around 50 percent of revenue,” Cullinan said. Cullinan said setting money aside for undergraduate need-based aid is the University’s first concern when allocating funds. “It’s the number one priority, and it will be the number one priority for the next five to ten years, and even beyond that,” Cullinan said. Nanni said his department is trying to raise $1 billion for financial aid in their current budget campaign time frame, which goes from 2013 to 2020 — a large increase from the last campaign’s goal of $250 million. “It’s the single-largest priority and right now we have about $800 million raised so far,” Nanni said. “We need to redouble our efforts there,” Cullinan added. Cullinan then broke down where all fundraised capital goes, noting 64 percent goes to labor.“We’re a highly labor-intensive institution … it’s the biggest chunk of the expenses by a long shot,” Cullinan said. The two turned to questions from the audience, some of which touched on housing policies, dorm inequality and the recent admissions scandal affecting multiple institutions of higher education across the country. One student asked about the six semester housing policy and what considerations were taken into account concerning the financial constraints some students may be under. “They didn’t actually invite me to that party when they were thinking of doing the six semester policy,” Cullinan said. “That was residential life-driven, I’ll just say that.”Cullinan said since the new policy will require more people to pay for room and board, the Office of Residential Life is looking to offer seniors more incentives to stay on campus, including laundry discounts, different dining plans and reduced prices of single rooms. “I think you’re going to get a decent announcement soon where that increment is going to be spent on incentives for seniors and others to stay,” Cullinan said. “I think student affairs and student life are trying pretty hard to show students they are going to use it in this way.”Nanni added he thinks the dorm environment is a key part of Notre Dame’s community and dorms are a “melting pot” for diversity. “The primary motive was — in conversations with [University President] Fr. John [Jenkins] — that residence life is one of Notre Dame’s distinctive qualities,” Nanni said. “Right now, each one of the dorms has been established to kind of be melting pots.”Another student asked about dorm inequality, specifically concerning students living in dorms with not as many amenities as other dorms, although everyone is generally paying the same rate for room and board. Nanni said their efforts to renovate dorms throughout the year and during the summer has been a response to this issue. “It’s taking them offline for an entire year and it’s going in and replacing the whole HVAC system,” Nanni said. “It’s increasing social and exercise space in the dorms, adding kitchens, making some triples doubles and some doubles singles.”Nanni said finding the money for renovations is often difficult because people often do not want to donate to a building already named for someone else. “It’s a major cost center for us because it’s very difficult to raise the money for significant renovations for buildings that are already named for someone else,” Nanni said. Senior and outgoing chief of staff for the McGavick-Gayheart administration Briana Tucker asked about adding air conditioning to older dorms being renovated. “All the dorms who don’t have it, we are looking into it,” Cullinan said.“It is definitely dependent on the size of the dorm and the age of the dorm,” Nanni added. “It’s at least a few million dollars per dorm.” Gayheart asked the two what their top priorities are for the budget going forward. Both agreed their top priority is financial aid and helping lower income students. “Low-socioeconomic students are our top priority,” Cullinan said. “I can tell you first hand how difficult it is to break cycles of poverty, dependency and violence,” Nanni added. “We need to increase the number of students we admit from these groups … but we don’t want Notre Dame to become a school that only focuses on admitting the very wealthy and the very poor, and squeeze out the middle class.”Another student asked about the national admissions scandal and how Notre Dame can avoid a similar issue. Nanni stressed admissions’ focus on putting together a “diverse cohort.” He added the process is complicated, especially concerning families who would like to give large monetary gifts. “From a development perspective, we try to be very careful,” Nanni said. “If someone is from a family of means, and they’ve got a kid who is a senior and would like to make a gift to the University, and we know the kid will be applying … we just ask them to hold off on giving. It’s not like you want to assume that person’s motive is bad, but at the same time we don’t want there to be any kind of connection.”Nanni also said legacy students have also been receiving attention following the admissions scandal. “We get criticized a lot for legacy acceptances as well, yet our traditional underrepresented minorities are significantly higher now than the legacies,” Nanni said. “So you have to look at it all in tandem.”Addressing rising tuition rates, Nanni said there is a “cost to excellence.”“We could definitely decrease our costs and sacrifice excellence, but I don’t think that’s what people want,” Nanni said. “People still expect there to be a standard of excellence in all that we are doing — not just in the classroom but beyond, and that comes with a cost. Trying to figure out how to do both and keep those dollars down is a big challenge.”Tags: Admissions, Corey Gayheart, financial transparency, Housing, Six Semester Policylast_img read more

AES Gener plans 863MW wind-solar-storage project in Chile

first_img FacebookTwitterLinkedInEmailPrint分享Renewables Now:Santiago-based power company AES Gener SA submitted in Chile the environmental impact statement (EIS) for the 863-MW Parque Terra Energia Renovable wind-and-solar hybrid project.According to documents sent to the Chilean environmental evaluation service (SEA), the South American firm plans to invest USD 750 million (EUR 634.6m) in the project through its unit Energia Eolica Paposo SpA.Located in the commune of Taltal in Antofagasta, Parque Terra will consist of a 350-MW wind farm, with 50 turbines of 7 MW each, and a 513-MW solar park comprised of 1,102,080 bifacial panels mounted on trackers. It will also have battery storage capacity.The project is expected to break ground in the second quarter of 2022 with commissioning scheduled to take place during the first half of 2024.[Lucas Morais]More: AES Gener files EIS for 863-MW renewables project in Chile AES Gener plans 863MW wind-solar-storage project in Chilelast_img read more

Russia’s Private Military Companies: A Threat to Latin America

first_imgBy Ayax Rangel/Diálogo November 18, 2020 Private military companies, or PMCs, are legally established international firms that operate as independent corporations, trading military and paramilitary services.In recent years, Russia has taken a leading role using PMCs as an extension of its Armed Forces to advance its foreign policy objectives. The United States Congressional Research Service reported on September 16, that Russia has employed this “unofficial” military force in conflicts around the world to include Syria, Libya, Sudan, and the Central African Republic.PMCs are present-day mercenary armies, which a United Nations (U.N.) committee report on October 30, 2018 defined as “private military companies [that] can violently destabilize a country, rendering it helpless and ineffective.”Saeed Mokbil, chairperson-rapporteur for the U.N. Working Group on the use of mercenaries, also stated that the activities of these groups can jeopardize the achievement of sustainable development, since there is often pervasive impunity for crimes committed by mercenaries.An example of such a company is the Wagner Group, Russia’s most notorious PMC, which gained its reputation by helping pro-Russian separatists during the illegal annexation of Crimea by Russia in 2014. Such activities highlight the PMCs’ roles as instruments of the Russian government’s policymaking.The Threat to Latin AmericaFor years Russia has been a staunch supporter of the narcoterrorist regime of Nicolás Maduro, as evidenced by the enduring Russian-Venezuelan defense ties, carried out by PMCs. Rostec, one such private military company, completed the construction of a military helicopter training center in March 2019, according to a report by the Wall Street Journal.Additionally, Caracas has welcomed Russian military specialists, who are allegedly there to carry out maintenance on military hardware, and has even allowed PMCs into the country to beef up security for Maduro in the face of opposition-led protests, as reported by Reuters.According to Mokbil, the presence of mercenaries can threaten regional stability, human rights, and international humanitarian law, as well as impede the exercise of the right to self-determination.During testimony before the Senate Armed Services Committee on January 30, U.S. Navy Admiral Craig S. Faller, commander of U.S. Southern Command, said “While Moscow denies having a military presence in the region, Russian ‘advisers’ continue to prop up the former Maduro regime.”Moreover, on March 11, when asked about Venezuela during a press briefing at The Pentagon, Adm. Faller said there were hundreds of Russians there, including Russian Spetsnaz and Russian technical advisers, fixing their air defense systems and advising on upgrading their SU-30s.On July 15, U.S. Secretary of State Mike Pompeo announced sanctions against the Russian PMC Wagner Group, its cover entities, and its leadership, for their role in preserving authoritarian regimes in Africa, while exploiting natural resources. Such actions will limit attempts by these PMCs to “foment disorder or undermine democratic reforms”, concluded Pompeo’s press release announcing the sanctions.last_img read more

Digital banking transformation requires cultural reboot

first_imgVirtually all financial institutions in the world are focused on making their organization ‘more digital’. From overhauling back office operations to leveraging new technologies to increasing customer engagement, the requirement to understand and respond to the needs of the digital consumer has never been greater.We’re not talking about small changes here. In most cases, what’s required is large-scale change that typically takes years to accomplish. It would include new technologies, strategies, processes, skill sets and a complete disruption of legacy organizational structures — moving from a product focus to a consumer focus.This digital transformation cannot occur without the rethinking of the back-office processes banks and credit unions have had in place for decades, including a streamlining of operations and the integration of new data sets. But the most impactful transformation occurs with customer-facing engagement, including products, communication, customer-service tools and marketing strategies. In the end, it is all about creating contextual engagement across multiple channels. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Admitted $40 million CU embezzler faces September sentencing

first_img continue reading » Edward Rostohar, 62, the former president/CEO of the $21 million CBS Employees Federal Credit Union, is scheduled to be sentenced in September after he pleaded guilty to one count of bank fraud Monday in U.S. District Court in Los Angeles.In a plea deal he signed with federal prosecutors on May 10, Rostohar admitted to stealing more than $40 million from the Studio City, Calif. credit union over two decades, one of the industry’s largest embezzlements in recent years.The former executive also agreed to forfeit millions of dollars in assets and properties in California, Nevada and Mexico that he purchased with the stolen credit union funds.Before 2000 and continuing through March 2019, he falsified records to make it appear that the credit union was profitable when in fact it was losing millions. Rostohar told investigators he managed to conceal his fraud because he had an insider’s knowledge as a trained accountant and as a former NCUA examiner. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

The good, the bad, and the reserved

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Effective Jan. 1, 2022, the nation’s credit unions will face what consensus holds is the biggest accounting change for financial institutions in decades.That’s when member-owned cooperatives will be required to adhere to the current expected credit loss (CECL) methodology introduced by the Financial Accounting Standards Board in 2016.In a nutshell, CECL will require credit unions, and other lenders, to predict and account for expected losses over the life of a loan, instead of the current generally accepted accounting principles (GAAP) that require losses to occur before they’re recognized on the books.The forward-looking approach was created to help shock-proof portfolios against the kind of credit losses that shook the economy after the financial crisis that began in 2007. But it also will have effects seen and unforeseen on how credit unions go about their business, stakeholders say.last_img read more

Lille president confirms Nicolas Pepe’s move to Arsenal and reveals transfer fee

first_imgAdvertisement Lille president confirms Nicolas Pepe’s move to Arsenal and reveals transfer fee Metro Sport ReporterWednesday 31 Jul 2019 5:54 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link7kShares Pepe impressed with 22 goals and 11 assists for Lille last term (Picture: Getty)Earlier this week, a member of Pepe’s entourage explained just how close the attacker came to joining Napoli before Arsenal’s ‘sporting project’ won him over.‘After meeting and discarding several clubs, Nicolas Pepe was able to choose between Naples and Arsenal,’ one of Pepe’s close associates told Ivorian publication Sport Mania.‘I won’t lie to you: a total agreement was almost reached with Napoli.‘But Arsenal’s offer was more convincing, both financially and in terms of the sporting project.’More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesPepe will be the fourth player to join Arsenal this summer following the arrivals of Gabriel Martinelli, Dani Ceballos (loan) and William Saliba.Saliba, though, who joined Arsenal for a fee of around £27m, has been loaned back to Saint-Etienne for the 2019/20 campaign.MORE: Brendan Rodgers denies rumours that Manchester United are close to signing Harry Maguire Comment Nicolas Pepe will join Arsenal for a fee of around £73m (Picture: Getty)Lille president Gerard Lopez has confirmed Arsenal’s club-record €80million (£73m) move to sign Nicolas Pepe.Arsenal are expected to announce Pepe’s arrival in the coming hours and the 24-year-old forward will reportedly agree to a five-year contract at the Emirates.Unai Emery has been desperate to add a winger to his squad this summer and after Arsenal’s £40m bid for Wilfried Zaha was rejected, the club turned to Pepe, a player who took Ligue 1 by storm last season.Napoli also registered a strong interest in Pepe, but the Ivorian opted instead to join the Gunners to become the most expensive African footballer in the history of the game.AdvertisementAdvertisementADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityOn Wednesday evening, Lille president Lopez confirmed Pepe’s departure and revealed that Arsenal will make an official announcement over his arrival imminently.‘He is the one who made the decision, I think it should be [made official] in the next 24 hours,’ Lopez told French outlet RMC Sport.‘It is €80m fixed. If we pushed this deal out a little bit longer, we could have had five or six offers of the same size.‘Through discussions with Nico and his agents, the situation focused on the certain clubs that we wanted to focus on: the two projects that interested the player.’ Advertisementlast_img read more

Lady Cats Defeat Lady Lions In Volleyball

first_imgThe Franklin County Lady Wlidcats defeated The Rushville Lady Lions 25-16, 25-21, 25-13 in Volleyball action.It was a great start to the season to beat a conference team. The girls looked good but still has things to work on. Kaitlyn Obert led the team with 5 ace serves with Jenna Orschell not far behind by adding 4 ace serves. Jenna also had 4 great digs. Kayley Schoettelkotte and Kamryn McCool shared the led with 7 kills each and Meredith Bohman added 5 kills as well. Megan Getz led with 7 digs.The Lady Wildcats take on Hagerstown Tuesday night at home with start time at 5:30. Come out and support the teams.Courtesy of Wildcats Coach Tanya Wirtz.last_img read more