Infogima Fri, 11 Jun 2021 20:04:29 +0000 en-US hourly 1 Infogima 32 32 ‘This is how it should be’: replanting the Daintree rainforest | Australia News Fri, 11 Jun 2021 20:00:00 +0000

As Andrew Solomon looks up at the rainforest canopy in the lands of Kuku Yalanji near Cape Tribulation, his eyes start to tear up.

“When I came back for the first time, I felt someone was following me. I could feel a presence. I was not wearing any shoes and all of a sudden I felt a flash of electricity rise through me from the ground. It was the country that spoke to me, it welcomed me in return.

Solomon is a traditional owner of the Kuku Yalanji land in the Daintree Rainforest in far north Queensland. The World Heritage Site, Cape York, on Australia’s northern peninsula, is considered one of the oldest rainforests in the world.

In the 1980s, parts of the Daintree were subdivided, with over 1,000 lots allocated for private sale and development. Thirty-five years later, without basic infrastructure such as power or water, life in this remote part of far north Queensland can be as hard as it is beautiful on its occupants.

On May 1 of this year, Solomon hosted a special welcome to the country ceremony on what has long been known as ‘Lot 46’, a 28 hectare freehold block of land north of the Daintree River which was purchased by Rainforest Rescue in 2010.

Founded in 1998, the mission of the non-profit organization is to redeem blocks of land in the Daintree and, in partnership with local indigenous peoples, regenerate them into a natural rainforest habitat. After Solomon’s smoking ceremony, lot 46 was renamed “Kurranji Bubu”, Land of cassowary in the Kuku Yalanji language.

“Our Mother Earth is also a spirit and we are learning to connect with it. She wants to take care of us, but we also have to take care of her.

Rainforest Rescue Executive Director Branden Barber says working with Indigenous Traditional Owners is critical to their success.

“We keep asking questions [of traditional owners] about the types of ecosystems that have existed in different parts of the rainforest and that have adapted our planting priorities. It all comes down to respect.

“This is not our land. I’m not a big person for private property, never have been. It’s actually a funny thing to be considered one of the biggest landowners in Daintree.

“We’re never going to do anything with this land… and there is a natural bridge with the traditional owners because of our intentions. We both come from a common place of gratitude and the local indigenous people know that we are not going to exploit the land. “

The revegetation of rainforest ecosystems has enormous environmental benefits, especially with regard to the unique location of the Daintree and its proximity to the Great Barrier Reef.

Volunteers traveled from all over Australia to attend the annual tree planting day on the 'Night Wings' property in far north Queensland.  In one day, 3,500 trees were planted.
Andrew Solomon, a traditional owner of “Lot 46” which has been regenerated by Rainforest Rescue over a ten-year period, performs a Welcome to Country before renaming the block “Kurranji Bubu”, Cassowary Land in the Yalanji language.
Andrew Solomon, a traditional owner of Kuku Yalanji, attends the tree planting day at the Night Wings property near Wonga Beach in Daintree in far north Queensland.

“One of our contributions is to restore land, restore soil and remove carbon from the atmosphere,” says Barber.

To date, Rainforest Rescue has purchased 35 properties in the Daintree, some of which have been cleaned up, cleared and revegetated; others were already intact rainforest habitats.

“Stay tuned,” Barber said with a smile. “It’s almost 36 years old.”

Non-indigenous landowners who share the desire to revegetate their land into rainforest ecosystems are also involved. Annie Schoenberger’s property, Night Wings, is in the eastern lands of Kuku Yalanji, south of the Daintree River.

“I bought this land in 2014 and started reforestation in 2015. It was a plan from the start to reforest and since then we have planted 70,000 trees.

Local sugar cane grower Clint Reynolds and his daughter attend the annual Tree Planting Day on the Night Wings' property.

Schoenberger worked with Rainforest Rescue to restore his property to its original rainforest habitat, and each year they held tree planting days at his farm. Last year’s event was canceled due to Covid-19 but this year at the end of April more than 100 people showed up to help plant trees.

Traditional owner Julaywarra Bennett Walker worked with Schoenberger to revegetate her property.

“When I heard that Annie was going to replant here, because it’s in our country, I thought it was a good opportunity to do something.”

Bennett Walker, traditional and former owner of Yajanji, stands on what was once a sugarcane field in Daintree, in far north Queensland.  The farm, now owned by Annie Schoenberger, is replanted with native rainforest vegetation.

“I grew up here cutting cane when I was 16 or 17. But being young, I didn’t know what it was doing to the environment.

Walker remembers the landscape before the sugar cane farms dominated.

“When we lived in the mission at the time, it was all bush and brush. Going from Daintree to Mossman was only a small trail, but because we were in the mission we weren’t allowed out of there, we were limited.

“All our animals were disappearing, were repelled. But since we started doing that, now we can see cassowaries, frogs and things like that coming back to this area. And that, for me, is something to see for my grandchildren. They would have missed this part of our story if it hadn’t been for this.

An old sugar cane field is prepared for replanting with native vegetation at the 'Night Wings' wildlife sanctuary in Daintree, Far North Queensland.

It’s not just the return of natural flora and fauna that concerns Walker. When asked if it is possible that the cultivation of sugarcane and the rainforest coexist, he pauses for a moment to think.

“I guess it could, but as I get older my people, my people, have been affected by diabetes. Sugar is a real problem in my community. My wife and I are diabetic and we don’t touch sugar anymore.

Walker points to the mountains of the national park that border the property. “This is what it was and how it should be.”

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House agrees with Senate on spending part of NH’s budget | New Hampshire News Fri, 11 Jun 2021 19:40:00 +0000

By HOLLY RAMER, Associated Press

CONCORD, NH (AP) – House budget negotiators quickly entered the Senate on the spending portion of the state’s biennial budget on Friday, although debate is expected to intensify next week when it comes to the proposals accompanying policies.

Compared to the bill passed by the House, the Senate’s $ 13.5 billion proposal included 20 additional liquor inspection officers, an additional $ 5 million for mobile crisis units for mental health treatment and a March 2023 closing date for the Sununu Youth Services Center instead of eight months earlier as the House has proposed.

House members of the conference committee said the changes were in line with what they would have recommended had income estimates been higher when they started their jobs. By the time the budget arrived in the Senate, the estimates had increased.

“I wear a green dress because I am jealous of the Senate. You always have more money than we do, said Rep. Lynne Ober, R-Hudson. “We’re still facing lower incomes, and most of these changes you made were things we pushed just because we ran out of money.”

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Senator Gary Daniels, R-Milford, said the House provided a solid foundation for the Senate.

“We obviously had more precise income figures. We were able to take the ideas that you weren’t able to integrate and respond to what I think are the needs of the state and our local communities, ”he said.

With Republicans controlling both houses of the legislature, Senator Cindy Rosenwald, D-Nashua, was the only Democrat on the conference committee. She raised many objections, including against a $ 3 million cut to a loan repayment program for health care workers.

“We have a really critical health care workforce shortage,” she said, adding that it didn’t make sense to cut funding for the program at a time when the problem was getting worse. .

Senator Erin Hennessey, R-Littleton, said she hoped money given to the state as part of the latest coronavirus relief funding could be used to help address this issue.

Next week, another team of negotiators will tackle the accompanying bill, which includes not only the policy changes needed to support funding for the new budget, but several unrelated provisions to the budget. These include a ban on abortion after 24 weeks of pregnancy and a controversial race and education provision.

Copyright 2021 The Associated press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Addressing the Risks Associated with SME Lending | Manila weather Fri, 11 Jun 2021 16:55:17 +0000

Debt is one of the most essential aspects of running a business. In fact, borrowing money is considered an essential part of growing a business. Many companies that recognize this offer financial products to grow alongside small and medium businesses. However, with increasing default rates and digital fraud attempts, how should a finance company assess its risk when lending to SMEs in the Philippines? How to bridge the gap between the recognition of a client’s commercial potential and the identification of the risks of lending to him in order to establish a synergistic partnership?

In 2019, the Philippine Statistics Authority listed more than one million business enterprises active in the country. According to 2020 research from TransUnion, digital fraud targeting financial services is increasing rapidly. As more companies are established, finance institutions must evolve with them to stay relevant and keep up with industry trends and innovations. Risk analysts need to be able to track changes in their environment, especially those attributed to external factors like the pandemic or digital fraudsters. Establishing the right risk for each client is the soundest foundation you can have for a partnership. When you contextualize and tailor your solutions to your customers, you are able to capture the whole image of your customer’s business. Rather than being conservative in lending, you are able to see the risks associated with your decisions and make the most risk aware decisions.

Lending always comes with risk. One of the best practices in the industry when it comes to risk profiling when lending to SMEs is to know your client or KYC. It literally means verifying its identity and suitability for your product. Please note that this is not just about reviewing the information or documents presented, it is also about understanding that a compliant business does not necessarily mean that it is solvent. A business may have all of its documents sorted but have a history of defaulting vendors, making it too risky to lend. Knowing your client means identifying those details before you lend to them. But how do you lend to good small businesses that aren’t always compliant? How do we provide considerations when making a loan?

In the Filipino context, starting a business and keeping it in compliance involves a complex web of bureaucracy. Business owners need to move from one location to another just to meet regulatory requirements. As such, companies must be smart to allow considerations that may be beyond the control of their customers’ businesses. The key to growing with clients is to stay relevant in an ever-changing environment. Also, being open to the idea that a credible company is not always what it appears to be in its documents.

You can’t expect to capture the size of an SME’s business just from documents. Like any other business, they are looking for ways to maximize their profits. In fact, it is common to have underestimated financial data. Failure to recognize this and being too strict can cause you to miss out on opportunities for partnering. So, when creating your client’s profile, it’s important to do your own research and not just rely on what’s in front of you. The job is to balance and recognize both the objective and the subjective. You cannot compel a client to submit updated business registration documents when you know full well that it will take weeks for them to be processed and published by the issuing government office. Along the same lines, you cannot expect physical copies of documents to be submitted during a pandemic. This should not be confused with regulatory compliance with external regulators. Rather, the art of balancing compliance and risk with the promise of positive return is the key to recognizing a business’s potential.

A tailor-made risk assessment for tailor-made solutions is the key to a synergistic partnership. This, in turn, leads to a healthy relationship: a relationship that both parties can benefit from. This is precisely what makes a finance institution, which can clearly identify with whom it wants to partner, to stand out in this growing industry.

Wiona Reyes is a Risk Operations Analyst at First Circle, involved in onboarding and sending loans to clients for funding. She specializes in KYC underwriting and compliance. She graduated from Ateneo de Manila University with a BA in Legal Management. Besides converting accounts, she is also involved in process improvement and project initiatives. You can contact her via LinkedIn:

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How Hot is Real Estate in California? He got 99% of his jobs back – Orange County Register Fri, 11 Jun 2021 16:08:29 +0000

California’s real estate industry – fueled by low mortgage rates, a home buying spree and a construction surge – has almost returned to pre-pandemic employment levels.

When my trusty spreadsheet looked at the state’s job data, 15 real estate-related categories had a total of 2.92 million workers in April – down just 43,500 from February 2020, just before COVID-19 cools the economy.

This means that statewide real estate jobs are at 99%, just below late winter 2020 employment levels. Note that many real estate workers are independent contractors and that their jobs are not counted in official employment figures.

Compare that performance to how all of the other California bosses have managed their staff. The 13.3 million jobs in all other industries statewide fell 1.3 million in 14 months. That puts the rest of California at 91% of employment before the pandemic.

Real estate has been so strong that three of its job categories have more workers than in February 2020. All of them are construction-related fields: architecture / engineering, building construction, and building supply stores.

Outside of real estate, California industries with the top number of jobs before the pandemic include transportation and warehousing, family services, electronics manufacturing, and grocery stores.

The hardest hit real estate industry was leasing, reflecting the challenges homeowners faced during the pandemic. Still, its workforce is at 88% of the pre-virus level – a far cry from the weak rebound of California tourism, leisure and entertainment businesses with a workforce of two-thirds as of February 2020.

Clearly, real estate has played a significant role in keeping the state’s economy afloat as it struggles to tame the killer virus. It will certainly be fascinating to see how real estate behaves after the economy fully reopens after June 15th. One potential problem: A stronger national economy could raise interest rates and change enthusiasm for real estate investing.

Here is how the 15 real estate job niches have behaved since February 2020: share of the number of previous jobs, the current workforce and the variation over 14 months (ranked in order of percentage of recovery) …

Real estate leasing: 88% February 2020 – its 60,200 employees in April are down from 7,900 in 14 months.

Furniture manufacturing: 89% – 29,000 workers, down from 3,600.

Furniture / furnishing stores: 89% – 46,700 workers, down from 5,600.

Real estate brokerage: 92% – 50,400 workers, down from 4,200.

Building services: 95% – 239,400 workers, down from 13,900.

Building materials wholesalers: 96% – 23,100 workers, down from 1,000.

Property management: 97% – 109,600 workers, down from 3,200.

Manufacture of wood products: 98% – 25,500 workers, down from 600.

Specialized contractors: 98% – 581,000 workers, down from 11,800.

Heavy construction: 98% – 90,500 workers, down from 1,500.

Construction: 99% – 882,200 workers, down from 9,700.

Ready: 100% – 242,200 workers, down from 900.

Architectural engineering: 101% – 189,000 workers, up 1,200.

Building construction : 102% – 210,700 workers, up from 3,600.

Building material stores: 113% – 138,600 workers, up from 15,600.

Jonathan Lansner is the business columnist for the Southern California News Group. He can be contacted at

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FBI seizure of Bitcoin wallet won’t stop ransomware, but it’s a start Fri, 11 Jun 2021 09:00:46 +0000

The surprise announcement by the FBI on Monday that it had seized part of the ransom Colonial Pipeline paid to hackers was a double shock.

On the one hand, it was major news that the US government had flexed its cybersecurity muscles on behalf of the owner and operator of the country’s largest fuel pipeline, taking over a bitcoin account and marking the first public recovery of funds from a known ransomware gang.

On the other hand, it raised a question: why hadn’t the United States done this before?

Ransomware has been a pervasive and ongoing problem for years, but one that has attracted little action by authorities. And while recovering some of the ransom has marked a new front for the United States, it also hints at the relatively limited options for deterring hackers.

Philip Reiner, CEO of the Institute for Security and Technology, a San Francisco think tank that produced a seminal report on anti-ransomware policies, hailed the FBI’s decision as important, but said it was difficult to assume anything other than that.

“It remains to be seen how well the FBI can support this kind of action,” Reiner said. “It’s a big first step, but we need to see a lot more.”

The FBI has recovered a significant amount of money – 63.7 bitcoins, worth around $ 2.3 million – but that’s only a tiny fraction of the money the groups are making of ransomware. DarkSide, the hacker group that raped Colonial, has made more than $ 90 million since becoming an operational public hacker group in fall 2020, according to Analysis from Elliptic, a company that tracks cryptocurrency transactions.

And DarkSide wasn’t even one of the most prolific ransomware groups, said Brett Callow, analyst at cybersecurity firm Emsisoft.

“While the seizure of funds is positive, I don’t think it will be a deterrent at all,” Callow said in a text message. “For criminals it’s winning some, losing some situations, and the amount they earn means the occasional loss is a minor setback.”

JBS, one of the largest meat processing plants in the United States, said on Wednesday it had paid $ 11 million to its hackers, REvil, even after it restored most of its files. The company’s reasoning, he said, was that it feared persistent computer problems and the possibility of hackers leaking files.

The ransom recovery comes as ransomware – a hot topic in the cybersecurity world and quietly spread – has become a national security concern, with President Joe Biden vowing to act.

The Colonial Pipeline hack, which led some gas stations to run out of fuel and brief fears of a major outage, was a turning point in the United States’ response to the ransomware. It gained national attention, and the Justice Department soon decided this would raise ransomware to the same priority as terrorism cases.

For cybersecurity experts, this attention was long overdue. Americans have suffered ransomware attacks in virtually every walk of life in recent years. The same types of hackers have racked up fortunes by shutting down and extorting businesses, city and county governments, and police stations. They have closed schools and slowed down hospitals at a breakneck pace. The ransomware outbreak caused $ 75 billion in damage in 2020 alone, according to Emsisoft.

The FBI has known about the problem from the start. He received complaints from 2,474 ransomware victims in 2020 alone, and continues to build long-standing cases of ransomware hackers.

But the agency faces difficult jurisdictional issues. If the hackers were based in the United States, it could stop them directly. If they were in a country with a law enforcement agreement with the United States, the FBI could partner with colleagues there to arrange an arrest.

But the majority of the most prolific ransomware gangs are based in Russia or other Eastern European countries that do not extradite their citizens to the United States.

In the past, the United States has been able to stop russian cybercriminals because they pass through countries that have such an agreement with the United States. But so far no such case has been made public with the ransomware operators.

This leaves the agency with more limited options on how it may have responded. People like Reiner, the CEO behind the ransomware policy report, argued that the best way to quickly reduce the impact of hackers was to disrupt their payments, which the FBI finally announced on Monday.

“Why is this only happening now? Said Reiner. “I think we can rest assured that the people on the criminal side are definitely checking their systems and looking at each other, wondering what happened. It puts a stutter in their step.”

The FBI was deliberately vague on Monday in describing exactly how it seized the funds. Bitcoin accounts work much like an email address: users have a public account, called a wallet, which can be accessed with a secret password, called a key. In the FBI warrant request to seize the funds, he simply stated that “the private key” is “in the possession of the FBI in the Northern District of California”, without specifying how he obtained this private key.

Speaking to reporters on a press call, Elvis Chan, a deputy special agent in charge of the FBI’s office in San Francisco, said the agency was unwilling to clarify how it came into possession of the key so that criminal hackers are less likely to find ways to bypass it.

“I don’t want to give up our craft in case we want to use it again for future endeavors,” he said.

This means that it is not known how often the FBI will be able to deploy it. It is not known, for example, why the agency was not able to recover all the money paid by Colonial.

Chan said, however, that the method was not limited to criminals making the major mistake of using a U.S. cryptocurrency service while circulating their money.

“The foreigner is not a problem for this technique,” he said.

Gurvais Grigg, public sector chief technology officer at Chainalysis, a company that tracks bitcoin transactions, said that while stopping ransomware hackers would be the best deterrent, stopping their money flow is a big help.

“It is important to identify those who carried out an attack, to put handcuffs on the wrists, to seize the ill-gotten gains they have and return them to the victim. This must remain a goal. But it takes more than that. this, ”Grigg said. in a Zoom interview.

“The key to disrupting ransomware is disrupting the ransomware supply chain,” like their payments, he said.

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Start of their service | News, Sports, Jobs Fri, 11 Jun 2021 06:08:26 +0000

Photo of Deb Gau From left to right, Shawn Cremeans and Jayden Torgeson enlisted in the United States Army in a ceremony at Memorial Park in Marshall Thursday afternoon. Holding the ceremony in the park allowed the families of Cremeans and Torgeson to be there as they took the oath of enlistment.

By Deb Gau

MARSHALL – It was their first step in the service of their country. And recent area high school graduates Shawn Cremeans of Milroy and Jayden Torgeson of Balaton were able to share it with their families in an outdoor enlistment ceremony at Memorial Park on Thursday.

Cremeans and Torgeson raised their right hands and rehearsed after Captain Jason Lee as they took the enlistment oath, vowing to support and defend the U.S. Constitution.

“The enlistment oath is the one that binds us all together”, said Lee, the commander of the US Army recruiting company for southern Minnesota. “It’s the same oath that everyone here in uniform has taken.”

Thursday’s ceremony was held in Marshall to allow family and members of the public to be in attendance. In the past year, COVID-19 safety rules have banned guests when new army recruits have enlisted. While Torgeson and Cremeans had technically enlisted before Thursday, recreating the ceremony in the park was one way to get things a little more back to normal, the Staff Sgt. Tristan Fletcher, a US Army recruiter at Marshall.

Being able to have family members at Thursday’s ceremony was “Pretty cool, since we couldn’t do it the first time around,” Torgeson said.

“It was rather relaxing” said Cremeans.

Cremeans said he knew he wanted to do his military service and would go into the field artillery. Torgeson said he was interested in joining the military, but ended up speaking with a recruiter before making his final decision to enlist. Fletcher said Torgeson was joining the military to be a combat medic.

“I understand that this is a huge commitment” Lee told the two recruits and their families. “The choice to serve is very altruistic” but it can also be difficult, he says. But regardless of where Cremeans and Torgeson ended up, they would learn lessons that would remain with them for life, Lee said.

Torgeson and Cremeans said they would leave for basic training later this month. After being sworn in on Thursday, they also said they wanted to thank their parents, family members and sergeants for their support.

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Austin City Council gives green light to spending framework for federal relief dollars Fri, 11 Jun 2021 02:36:42 +0000

AUSTIN (KXAN) – Austin city council on Thursday night adopted a roadmap for spending federal pandemic relief dollars.

Among the highlights: an investment of $ 106.7 million over two years to fight the homelessness crisis in the city. Much of the money comes from federal dollars through the American Rescue Plan Act, but is also backed up by local dollars.

“This is a unique opportunity for our community to come together and get our neighbors off the streets,” Austin Mayor Steve Adler said in a press release. “While the American Rescue Plan provides unprecedented federal funding, we still need the support of other government entities, businesses and our philanthropic partners to reach our community goal of housing 3,000 people in three years.”

Here is the funding breakdown for the $ 263.5 million in federal and local dollars:

  • $ 106.7 M: Homeless Services
  • $ 44.3 Million: Austin Public Health COVID-19 Response
  • $ 35.3 M: Rent assistance
  • $ 21.0 M: Workforce Development (including ACCC)
  • $ 12.0M: Aid to the creative sector (including non-profit emergency relief)
  • $ 11.0 M: Childcare / Family connects
  • $ 6.7 M: Individual assistance
  • $ 3.0 M: Food security
  • $ 3.0 million: resilience centers
  • $ 1.5M: Colony Park Sustainable Community
  • $ 0.5M: Community Navigators
  • $ 18.5 M: Contingency (surplus greater than 12% of the budget stabilization reserve)

A late addition of council members added more rent assistance dollars.

Grants for live music – another industry hit hard by the pandemic – amount to $ 4 million. Council members called on city staff to find ways to increase that number to $ 10 million for the industry. It came after a group of musicians spoke at the meeting on Thursday morning, asking for more help. It is not yet clear where the requested money would come from.

“I think a lot of people in Austin think that a guy with a guitar is the Austin community, but no, these are real jobs, real people who depend on it,” said Kevin Russell, a longtime musician. Austin date.

The board is now taking a six-week summer break and its next meeting will not be held until July 29. The elected body arouses the anger of some who say it will break up without a more concrete plan to locate sanctioned homeless campsites.

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First Eagle Senior Loan Fund declares monthly distribution Thu, 10 Jun 2021 23:02:20 +0000

BOSTON, June 10, 2021 (GLOBE NEWSWIRE) – First Eagle Senior Loan Fund (the “Fund”) (NYSE: FSLF) today announced the declaration of its monthly distribution of $ 0.07 per common share, payable on June 30, 2021. Based on the Fund’s share price of $ 14.59 at its close on 10 June 2021, the distribution represents an annualized return of 5.76%. Information regarding the payout ratio is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be guaranteed. The payout rate should not be viewed as the return or total return on an investment in the Fund.

The following dates apply to this distribution:

Ex-dividend date: June 18, 2021
Registration Date : June 21, 2021
Payment date : June 30, 2021

A portion of the distribution may be considered to be paid from sources other than undistributed net investment income, including, but not limited to, a short-term capital gain, a long-term capital gain, or a return of capital. As required by Section 19 (a) of the Investment Company Act of 1940, notice will be distributed to shareholders of the Fund in the event that a portion of the distribution is from sources other than net undistributed investment income. . In January or February of each year, investors will receive a Form 1099-DIV for the previous calendar year that will set out how to report distributions from the Fund for federal income tax purposes.

The return on investment, price, yields, market value and net asset value (NAV) of shares in the Fund fluctuate with market conditions, and it is possible to lose money by investing in the Fund. Funds. Closed-end funds frequently trade at a discount to net asset value, which can increase the risk of loss for the investor. The return on investments and the value of capital fluctuate. Past performance is no guarantee of future results.

About the First Eagle Senior Loan Fund

The Fund is a diversified closed-end management investment company advised by First Eagle Alternative Credit, LLC. The investment objective of the Fund is to provide current income and preserve capital primarily by investing in senior secured corporate loans and notes denominated in US dollars. There can be no assurance that the Fund will achieve its investment objective.

About First Eagle Alternative Credit, LLC

First Eagle Alternative Credit is an alternative credit investment manager for direct loans and largely syndicated investments through public and private vehicles, secured loan bonds, separately managed accounts and combined funds. First Eagle Alternative Credit maintains various advisory and sub-advisory relationships across all of its investment platforms. First Eagle Alternative Credit is a wholly owned subsidiary of First Eagle Investment Management, LLC.

Forward-looking statements

Statements included in this document may constitute “forward-looking statements”, which relate to future events or our future financial performance or conditions. These statements do not constitute guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Actual results may differ materially from forward-looking statements due to a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. First Eagle Senior Loan Fund assumes no obligation to update any forward-looking statements contained in this document.

Contact the Fund at 1.844.409.6354 or visit the Fund’s website at for additional information.


André Park
Eagle’s First Alternative Credit, LLC

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When it comes to data modernization, “technology is only part of the puzzle” Thu, 10 Jun 2021 16:07:47 +0000

According to Dr. Daniel B. Jernigan, Acting Deputy Director of the Centers for Disease Control and Prevention for Public Health Science and Surveillance, the COVID-19 crisis has exposed the gaps in disease surveillance “in a very real way “.

At the start of the pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security Act, which included $ 500 million in allocations to the CDC specifically for the modernization of public health data.

The agency used this money to complement other funding for its Data Modernization Initiative activities, aimed at effectively identifying and mitigating emerging threats and better preparing the country for public health risks.

A lesson from all of this, Jernigan said at DirectTrust Summit 2021 this week, is “never let a crisis go to waste.”

“When COVID hit us in January [2020], some systems were in place and we were able to use them, but they were not interoperable; they weren’t scalable, ”Jernigan said.

Last summer, the former Trump administration raised the alarm when it ordered hospitals to bypass the CDC and instead report COVID-19 patient data to the US Department of Health and Human Services. At the time, the move caused confusion and chaos in hospitals, which had only a few days notice to make the change.

But the administration maintained the change was necessary to stay on top of the pandemic, given the limitations of the CDC’s existing tools.

Jernigan noted the complexity of arriving at a place of “true interoperability”, which aims to ensure that health information is shared in the right way, through the right channel, at the right time.

“We think of it in terms of the process at ground level,” he explained.

For example, officers meet with forensic pathologists and coroners regarding death data to investigate barriers to reporting. Some users found the reporting systems to be cumbersome, while others had technological issues.

“A forensic pathologist just didn’t have a computer,” Jernigan said.

He stressed the importance of the person when it comes to public health data. “Technology is only part of the puzzle,” he said. “Modernization isn’t just about technical upgrades. People can use data to answer pressing policy questions and make decisions to save lives.”

Jernigan noted that iterative construction is essential: “For people accustomed to legacy systems, new technology can seem like a barrier. We focus on listening to end users” – while trying to minimize the delay between assumption and discovery.

Jernigan also argued that shared solutions are more powerful and more sustainable.

“None of us operate in a bubble,” he said. Ultimately, he said, one of the goals of the Data Modernization Initiative is to “put people – and keep them – at the center”.

Kat Jercich is Editor-in-Chief of Healthcare IT News.
Twitter: @kjercich
Healthcare IT News is a publication of HIMSS Media.

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IT jobs in Telangana have doubled in the past 7 years: Minister KT Rama Rao Thu, 10 Jun 2021 12:49:08 +0000

KT Rama Rao released Telangana’s annual reports for IT and Industries department for the last fiscal year on June 10.

Telangana is faring better than the national average in terms of growth rate despite the pandemic and economic downturn, according to the state’s annual reports for the previous fiscal year that were released on June 10.

On the occasion of the publication of the annual reports for the last fiscal year for the IT and industries department, the Minister of municipal administration and urban development, IT and industries, handlooms and textiles, KT Rama Rao said Telangana’s state gross domestic product (GSDP) fell just 1.26 percent from the national average decline of 8 percent.

Reports released on Thursday show the ministry’s performance over the year and highlight the various achievements and initiatives.

Addressing the assembly, Minister KTR said that despite the pandemic, Telangana’s share in national GDP has increased. He said: “Despite the Covid pandemic, Telangana’s growth rate has exceeded the national growth rate and our share in national GDP has further increased by 4.74% in fiscal year 2019-2020 to 5 , 0% this year. “

“Telangana continues to attract major investments from companies such as MassMutual, Laxai Life Sciences, Agasthya Foods, Trouw Nutrition, Ester Filmtech and others despite the pandemic-induced slowdown,” KTR added.

Stating that jobs in the IT sector have almost doubled in the past seven years, Minister KTR said, “Despite the pandemic and the test periods, Telangana’s employment in the IT sector and its related sectors has doubled by compared to 2014. Each direct job in the IT sector leads to 2.5 jobs in other sectors.

Here are some of the highlights of the report:

> The GSDP (State Gross Domestic Product) in 2020-21 was Rs 9.78 lakh crore. The growth rate fell 1.26% due to the COVID-19 pandemic, but remains significantly higher than India’s projected GDP contraction to 8%.

> The share of the Telangana economy in the national GDP increased to 5.0% in 2020-21 against 4.74% in 2019-20.

> In 2020-21, the state recorded a per capita income of Rs 2,27,145. The national average stands at Rs1,27,768.

> TS-iPASS attracted cumulative investment of Rs 2 14,951 crore, creating 15.6 lakh jobs.

> TSIIC has developed 10 new industrial parks and allocated 810 acres of land to 453 industries with a planned investment of Rs 6,023 crore and a potential employment of 7,623 jobs.

According to the report, the IT services sector (ITeS) has experienced phenomenal growth with a 12.98% increase in its exports. The report also indicates that in terms of innovation and entrepreneurship, the state has taken a big step forward by supporting and sanctioning more than Rs 90 lakh of incentives to 28 startups. According to reports released by NITI Aayog, Telangana ranks 4th in India’s innovation index in the category of major states.

Major investments in the IT sector have attracted global brands such as Google, Apple, Amazon, Uber, Goldman Sachs, etc. to the city. over the past seven years. According to the report, according to current trends, Hyderabad is emerging as one of the most preferred IT destinations in India

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