The highest monthly total from National Weather Service reporting stations was 6.87 inches in Atlanta (2.92 inches above normal). The lowest was in Augusta at 1.36 inches (1.71 inches below normal). Valdosta received 4.54 inches (1.30 inches above normal), Macon 4.31 inches (1.33 inches above normal), Athens 5.89 inches (2.03 inches above normal), Brunswick 1.41 inches (1.28 inches below normal), Columbus 5.83 inches (2.21 inches above normal), Savannah 3.88 inches (.27 inch above normal) and Alma 3.81 inches (.71 inch above normal). Georgia was a hot and wet place to live in May.In Atlanta, the monthly average temperature was 73.4 degrees F (3.6 degrees above normal), in Athens 72.5 degrees (3.4 degrees above normal), Columbus 75.2 degrees (2.9 degrees above normal), Macon 74.4 degrees (3.4 above normal), Savannah 75.9 degrees (3.1 degrees above normal), Brunswick 76.7 degrees (3 degrees above normal), Alma 75.9 degrees (2.1 degrees above normal), Valdosta 77.7 degrees (5 degrees above normal) and Augusta 74.2 degrees (3.7 degrees above normal). 1906 record broken in AugustaRecord high minimum temperatures were set in Savannah and Augusta May 2. The 72 degrees in Savannah beat the old record of 71 degrees set in 2002, and the 70 degree measurement in Augusta surpassed the old record of 69 degrees set in 1906. Augusta also tied its daily high temperature May 2 with 94 degrees.Most of the state received above-normal rainfall, too. However, a few areas along the coast and near Augusta were below normal. Atlanta gets most May rainfall Record daily rainfalls were set in Atlanta, Athens and Columbus May 3. Atlanta received 2.81 inches, surpassing its old record of 2.07 inches set in 1922. Athens received 3.07 inches, exceeding its old record of 1.63 inches set in 1905. Columbus received 4.75 inches, surpassing its old record of 4.29 inches set in 1957.The highest single-day rainfall from the Community Collaborative Rain, Hail and Snow Network stations was 5.24 inches in Bibb County May 4. An observer in Cobb County received 5.03 inches May 3. The highest monthly rainfall total was 11.23 inches from an observer northwest of Ellijay. Several other observers at scattered locations in northern Georgia reported over 9 inches for the month.There were no tornadoes reported. However, severe weather hit somewhere in the state on 15 separate days. Numerous reports of hail and high winds were received May 21, with heavy roof damage to a nursing home observed in Houston County. A 5-minute storm of golf ball-sized hail covered the ground in Charlton County at Stephen Foster State Park. May 28, strong storms delayed flights at Hartsfield-Jackson Airport and caused numerous power outages.Storms stop trains and planesLightning caused damage to the MARTA east-west tracks in Atlanta May 3 during the heavy rain, leading to delays of several hours as trains were rerouted to alternate tracks.The first confirmed 2010 case of West Nile Virus in Georgia led public health officials to worry that favorable conditions for development of the carrier mosquito could lead to more cases in the peak summer season July through September.The wet conditions improved soil moisture levels. Crop planting in most areas proceeded rapidly. Peach farmers reported that the cold winter, coupled with the mild spring, has led to a bumper crop. The last time this happened was six years ago.
Millennials are living in a vastly different world than their Baby Boomer parents. They live in a time in which a phone isn’t just a piece of plastic used for making calls, it’s now “smart” and acts as an extension of oneself. A time in which “going shopping” or “depositing a check” no longer requires you to leave home. We are living in a world dominated by the rise of online/mobile and the demise of brick-and-mortar. This changing consumer landscape is being primarily driven by Millennials as they demand more personalized experiences.Defining Millennials – Millennials (also known as the Millennial Generation or Generation Y) are the demographic cohort following Generation X. There are no precise dates when the generation starts and ends. Researchers and commentators use birth years ranging from the early 1980s to the early 2000s.Millennials Love for Big Data/AnalyticsMillennials were raised in a time of unprecedented mobility and unparalleled access to information. They expect retailers to know what they want before they even know what they want. This expectation has been spurred by companies like Amazon. Amazon does a terrific job of customizing the entire consumer experience from the initial stages of attracting customers to post-purchase marketing, and it does this through Big Data/Analytics.Big Data/Analytics enables retailers such as Amazon to build deep relationships with their customers by getting to “know” them. You will never have physical interactions with Amazon but the data they collect on you allows them to understand a considerable amount about you. Every time you interact with Amazon (by clicking on the page), they get to know you better which gives this retailing innovator the power to make your shopping experience more convenient and enjoyable.Millennials have a different perspective on information than previous generations. They are willing to share information about themselves in order to make their lives easier. They are receptive to suggestions of products and services based on their daily habits. Companies like Amazon and Spotify understand this very well. They have figured out how to create a win/win relationship with millennials where data is collected and provided back in the form of recommended products and services that are highly personalized and valued.Millennials and Financial ServicesThe information expectation may have started with companies like Amazon but it hasn’t stopped there. Millennials are demanding more customized experiences in all areas of their lives. Retail banking is no exception. Retail banking organization operate in a very similar manner to retail shopping which begs the question, “Why don’t credit unions and banks try to mimic the successful processes of companies like Amazon?” How does one credit union or bank separate itself from another unless it tailors the customer experience using Big Data/Analytics?Retail banking institutions have a tremendous opportunity to capture market share by attracting the biggest generation since the baby boomers. Through the utilization of Big Data/Analytics, retail banking institution can:Predict the Next Best Product – There are common patterns customers reveal when buying products. For example, if you were to buy an iPod on Amazon, you will likely be purchasing an iPod case and a set of new headphones. With Big Data/Analytics, similar patterns can be uncovered at retail banking institutions. For example, someone who already has a checking account and a home mortgage may have a need for an auto loan or line of credit. Uncovering common patterns enables more accurate marketing alerts that Millennials actually want to read.Competitively priced loans – Utilizing Big Data/Analytics allows lenders to more accurately price loans and achieve a higher net interest margin. Many of the older, meet-the-market models currently used are overpricing loans based off of their risk categories. In this economy, many of the traditional lower credit score categories may be less risky than they have been in the past but this is failing to be factored into the pricing models of non-data-driven lenders. New data-driven models are exposing many missed opportunities in the high yielding, “too risky” credit categories. Many “noncredit worthy” Millennials fall into this category.Execute Affinity/Basket Analysis – Affinity/Market Basket Analysis tells a retailer that customers often purchase certain products together (e.g. – shampoo and conditioner). Putting both items on promotion at the same time might not create a significant increase in revenue. However, a promotion involving just one of the items would likely drive sales of the other. This same concept can be easily applied at retail banking institutions with checking accounts, certificates, loans, investments, etc.Target Marketing – With all the member’s data (e.g. – share accounts, checking accounts, car loans, mortgages, certificates, etc.), retail banking institutions are able to personalize their marketing process. The marketing team can identify all products and services a member currently has/lacks and post offerings for one of the products. Either to get a new product or transfer over a product from another financial institution such as a loan with a lower interest rate. This data serves two important purposes, customer satisfaction and revenue creation.The Importance of Millennials on the Future of RetailBig Data/Analytics serves many purposes but attracting Millennials may be one of the most important in the near future. Millennials are the biggest generation since the Baby Boomers. They are the generation currently entering the work force, getting married, starting families, and becoming the largest consumers. Failure to address this segment of the market will challenge the future viability of most banks and credit unions. The retail financial services industry is at a cross roads and needs to think about how to re-invent itself. Fortunately, this industry sits on vast troves of data about how their customers use their services. The next step is to employ Big Data/Analytics to turn that data into information that can easily be consumed by the Millennial generation. 38SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Austin Wentzlaff Austin J. Wentzlaff joined OnApproach in 2013 as a Business Development Analyst and is now currently Director of Business Development. He is responsible for developing marketing strategies, driving prospects to … Web: www.onapproach.net Details
Topics : The West Java administration submitted a request to the central government on Wednesday to impose large-scale social restrictions (PSBB) in five cities and regencies neighboring Jakarta to step up measures to contain the spread of COVID-19.The areas are Depok, Bekasi, Bekasi regency, Bogor as well as Bogor regency, all of which are virus-plagued satellite cities of Jakarta, the country’s epicenter of the outbreak.West Java Governor Ridwan Kamil said the five areas shared the same regional cluster of coronavirus transmissions with Jakarta and, therefore, the administration of both provinces should issue synchronized measures to curb the spread of the disease. Ridwan held a video conference with the regional heads of the five cities and regencies on Tuesday evening to discuss the issue and they agreed to submit a PSBB request to the Health Ministry.Jakarta and West Java have recorded the highest numbers of coronavirus infections in Indonesia, with 1,470 cases and 365 cases, respectively, out of the official country’s tally of 2,956 cases as of Wednesday.The fatalities recorded in the two provinces combined also make up more than half of the nationwide death toll of 240, with Jakarta reporting 114 deaths and West Java reporting 35 deaths from the disease. Bekasi has seen the most positive cases with 38, followed by Bandung with 36, Depok with 33 cases, Bogor with 31, Bekasi regency with 22 and Bogor regency with 22. Outside these areas, the number of positive cases has been under 10.The Health Ministry has approved Jakarta’s proposal to implement PSBB in the capital, the first region in the country to apply such a measure, which will start on Friday.Vice President Ma’ruf Amin has said that cities in West Java and Banten that are part of Greater Jakarta should jointly implement PSBB measures with the capital.Banten Governor Wahidin Halim said his administration, which includes Tangerang regency, Tangerang city and South Tangerang city, would also submit a request for PSBB status.With 212 confirmed cases as of Wednesday, Banten has the third-highest number of coronavirus cases in the country. The death toll in the province has reached 18.Read also: Jakarta will impose stronger mobility restrictions on Friday. Here’s what you need to know.Ridwan further said in a statement that the West Java, Jakarta and Banten administrations should, therefore, implement coordinated policies to curb transmission.”If the request is approved by the ministry, Greater Jakarta will have synchronized policies that can strengthen our efforts,” Ridwan said, adding that next week, he might submit a PSBB request for the provincial capital of Bandung.The West Java administration has distributed some 63,120 rapid COVID-19 testing kits to 27 regencies and cities, state agencies, hospitals and educational institutions.The province is prioritizing residents in Greater Jakarta and has targeted to test 10,200 residents in Depok, 7,980 in Bogor regency, 7,200 in Bekasi and 4,400 in Bogor.Ridwan aims to test at least 0.6 percent of West Java’s population of some 50 million people, reflecting on the successful testing rate in South Korea.According to West Java COVID-19 task force spokesperson Daud Achmad, 21,646 test results have returned, of which 826 showed a positive diagnosis for COVID-19. These patients will undergo additional swab tests.The province still lacks about 200,000 rapid testing kits, Daud said.Daud appealed to the people of West Java who are working or living outside the province not to return home during this crisis.“We have counted roughly 214,000 returning residents in West Java since March 22,” said Daud, fearing that the number would only increase as last year, the province saw 3.8 million people making homecoming trips for Idul Fitri. (syk) “Almost 70 percent of all coronavirus cases nationwide are in Greater Jakarta, which means that in addressing COVID-19, we should issue policies based on clusters instead of sectoral policies,” Ridwan said in a statement posted on his official Instagram account on Wednesday.
The Indonesian economy could witness a 3.9 percent contraction this year, a more dramatic decline than initially expected, if it is hit by a second wave of COVID-19 infections, according to a worst-case projection by the Organization for Economic Cooperation and Development (OECD).The OECD report, published on Wednesday, highlights the rocky path that lays ahead for Southeast Asia’s biggest economy as the government seeks to spur an economic recovery by reopening the economy this month after more than two months of partial lockdown.Under a baseline scenario, the Paris-based think tank projects the economy to shrink 2.8 percent this year if the government manages to avoid a second wave of infections. According to officials statistics, roughly 34,000 confirmed COVID-19 cases have been recorded across the country. “The major risk is of a resurgence of the pandemic in the second half of the year with the corresponding re-imposition of containment measures,” the report reads, noting that the contraction would be the first since the 1997 financial crisis.President Joko “Jokowi” Widodo recently warned of the possibility of a second wave of COVID-19 infections as the number of new cases continued to soar over the past few days, following the loosening of large-scale social restrictions (PSBB) in several regions. A total of 1,241 new confirmed cases were recorded on Wednesday, surpassing the previous all-time-high of 1,043 new cases recorded the previous day.Meanwhile, Indonesia will confront a number of hazards as it seeks to reignite the economy, including growing risk aversion, flight to quality and sudden capital reversals, according to the OECD.“If the labor market rebound is weaker and slower than expected, higher unemployment may weigh on domestic demand and delay the recovery,” the report stated, adding that tourism could suffer for longer than anticipated due to the severity of the shock. With many nonessential businesses shutting down, the coronavirus restrictions have forced more than 2 million people out of work as of April, according to data from the Manpower Ministry and the Workers Social Security Agency (BPJS Ketenagakerjaan). More than half are formal sector workers furloughed by their employers.“In addition, as private sector debt has risen fast in recent years, especially in foreign currencies, non-financial corporates and banks are strongly exposed to any deterioration in financial market conditions,” it also states.To support the country’s economic recovery, the government will widen the budget deficit to 6.34 percent of GDP this year to cover the Rp 677.2 trillion (US$47.7 billion) in stimulus packages aimed at spurring the economic recovery. It expects to see an economic growth rate of below 2.3 percent this year.“The unprecedented scale of fiscal stimulus is appropriate to support the economy,” the OECD said, adding that it should be accompanied by “complementary actions to monitor the use of state resources, including for the bail-out of state-owned enterprises”.Meanwhile, Bank Indonesia (BI) has cut its benchmark interest rate twice this year to 4.5 percent.BI has also bought up to Rp 166 trillion in government bonds in the secondary market during the first quarter of 2020 to stabilize the rupiah and another Rp 26.1 trillion to support budget financing needs, boosting the central bank’s ownership of bonds to Rp 445.4 trillion.“The actions of the monetary and financial authorities have sustained asset prices, stabilized the currency and contributed to the successful placement of the first global bond issue,” the OECD said. “However, foreign exchange reserves have fluctuated and the deterioration in investor sentiment toward emerging-market economies remains a headwind.”Despite the grim outlook for this year, the OECD expects Indonesia’s GDP to grow 2.6 percent to 5.2 percent next year.Meanwhile, the OECD projects global economic activity to fall 6 percent in 2020 or fall more sharply by 7.6 percent if a second wave of infections hits, which would be the deepest recession since the Great Depression in the 1930s.Meanwhile, the World Bank projects Indonesia’s economy to grow zero percent this year. “While not a contraction, Indonesia’s growth rate will nevertheless be 5.1 percentage points lower than January forecasts.”Senior World Bank economist for Indonesia Ralph van Doorn said earlier this month that Indonesia’s economy might shrink 3.5 percent this year should the large-scale social restrictions imposed by several regional administrations last for four months.“The zero percent growth [in the baseline scenario] assumes two months of large-scale social restrictions and takes into account a severe global economic slowdown and a very big drop in commodity prices, all of which will have an effect on Indonesia’s economy,” Van Doorn told reporters recently.Topics :
Thousands of evacuees displaced by deadly wildfires in Oregon settled into a second week of life in shelters and car camping as fire crews battled on against the blazes, and search teams scoured the ruins of demolished homes for those still missing.With state resources stretched to their limit, Oregon Governor Kate Brown has requested a federal disaster declaration from the White House to bolster US government assistance for emergency response and relief efforts.Dozens of fires have charred some 4.5 million acres (1.8 million hectares) of tinder-dry brush, grass and woodlands in Oregon, California and Washington state since August, ravaging several small towns, destroying thousands of homes and killing at least 34 people. Eight deaths have been confirmed during the past week in Oregon, which became the latest and most concentrated hot spot in a larger summer outbreak of fires across the entire western United States. The Pacific Northwest was hardest hit.The conflagrations, which officials and scientists have described as unprecedented in scope and ferocity, have also filled the region’s skies with smoke and soot, compounding a public health crisis already posed by the coronavirus pandemic.Satellite images showed high-altitude plumes of smoke from the fires drifting as far east as New York City and Washington, D.C., carried aloft by the jet stream.The fires roared to life in California in mid-August, and erupted across Oregon and Washington around Labor Day last week, many of them sparked by catastrophic lightning storms and stoked by record-breaking heat waves and bouts of howling winds.Weather conditions improved early this week, enabling firefighters to begin to make headway in efforts to contain and tamp down the blazes.The California Department of Forestry and Fire Protection (CalFire) said 16,600 firefighters were still battling 25 major fires on Tuesday, after achieving full containment around the perimeter of other large blazes.Topics :
The Office of National Statistics, which uses broader criteria for counting COVID-19 fatalities, has said closer to 58,000 Britons have died from the virus.The government imposed new rules across England on Monday to limit socializing to groups of six people or fewer, as daily cases reach levels not seen since early May.According to government statistics, a total of 18,371 people tested positive in England in the week to September 19 — up 75 percent on the previous week.Prime Minister Boris Johnson urged people to observe the new rules to “stop the second hump” in the pandemic, comparing Britain’s trajectory of resurgent cases to a camel’s profile.He said it was “the only way to make sure the country is able to enjoy Christmas” and was an alternative to another full lockdown, which he has said would be financially disastrous. ‘Stop the surge’ In an interview with The Sun newspaper, Johnson reaffirmed his position against shutting down sections of the economy, which has been battered by the outbreak.”We can grip it now, stop the surge, arrest the spike, stop the second hump of the dromedary, flatten the second hump,” he said.”Dromedary or camel? I can’t remember if it is a dromedary or a camel that has two humps? Umm. Please check.”Dromedaries are Arabian camels which have only one hump.Johnson had compared Britain’s first wave of virus cases to a sombrero hat, imploring people to “squash it” by obeying the nationwide lockdown in place from late March until June.But he has faced stinging criticism this week over the failure to achieve the “world-beating” testing and tracing system he promised would be in place over the summer months.The government admits that increasing demand for virus tests is posing problems, after hospital bosses warned delays in the system were jeopardizing healthcare services.It has blamed people without symptoms who do not need tests overburdening the system, with ministers vowing to unveil new rules to prioritize cases in the coming days.Johnson said the system was “really struggling with the real weight of demand”, as schools return and businesses start up again, bringing more people into close contact.He has promised to have testing capacity up to 500,000 a day by the end of October to help cope with increased demand as winter approaches and seasonal flu cases increase.As well as northeast England, a new local lockdown was coming into force in the Rhonda Cynon Taf region of South Wales.But the government removed Thailand and Singapore from its list of countries where travellers must quarantine for 14 days on their return to England. Pubs and bars will have to shut early by 10:00 pm (2100 GMT).”We do not take these decisions lightly,” Health Secretary Matt Hancock told parliament, acknowledging they would have a “real impact on families, on businesses and on communities”.But he added: “We must follow the data and act, and the data says that we must act now.”Britain has been the worst-hit country in Europe by the pandemic, with the government registering nearly 42,000 deaths. More than two million people in northeast England face new restrictions because of a surge in coronavirus cases, the government announced on Thursday, as it battled to contain a potential second wave of infection.Tighter regulations on socializing are due to come into force from Friday in Northumberland, North and South Tyneside, Newcastle-upon-Tyne, Gateshead, and County Durham.Residents will be banned from socializing in homes or gardens with people from outside their household, while food and drink venues will be restricted to table service only. Topics :
The pension fund has now announced that it received 36 offers in all in response to the tender.In its 2016 annual report, AP7 said its board of directors had decided during that year to increase the share of private equity to 4% from 3% of the portfolio, over time.An increase of one percentage point would equate to around SEK3.8bn based on the SEK379.6bn value of the equity fund at the end of November.While HarbourVest is already on AP7’s published list of private equity managers, Adams Street Partners is not. Sweden’s AP7 has awarded SEK6.5bn (€661m) in private equity mandates to two US managers, according to tender award notices.The SEK407bn pension fund, which runs the default option in the premium pension system (PPM), announced it has awarded an SEK4.2bn private equity mandate to HarbourVest in Boston and a SEK2.3bn (€234m) private equity mandate to Chicago-based firm Adams Street Partners.The awards were the result of a tender launched two years ago, when the pension fund was seeking private equity managers for around SEK10bn of assets.In that December 2015 notice, AP7 said it anticipated appointing three to four managers for an initial period of three years with two optional two-year extensions.
Abbott Apollinaire Malu-Malu, pictured on January 11, 2013, submitted his resignation as chief of the independent national electoral commission, triggering concern among opposition ranks (AFP Photo/Isaac Kasamani) Abbott Apollinaire Malu-Malu, pictured on January 11, 2013, submitted his resignation as chief of the independent national electoral commission, triggering concern among opposition ranks (AFP Photo/Isaac Kasamani)The surprise resignation of the Democratic Republic of Congo’s electoral commission chief, announced Saturday on television, triggered concern among opposition ranks that President Joseph Kabila may be looking to postpone a critical vote due next year.Mr Abbott Apollinaire Malu-Malu submitted his resignation as chief of the independent national electoral commission (Ceni) for health reasons, according to a statement carried by state television.The resignation comes amid heated tensions in DR Congo over presidential and parliamentary elections due in November 2016, with Kabila’s foes arguing he is seeking to hold on to power illegitimately.The constitution bars him from seeking a third elected five-year term at the end of his mandate late next year, but he has yet to comply with opposition demands to publicly state that he will not to run again.CENI, which is tasked with organising the sensitive elections, brings together figures from across DR Congo’s political landscape.President Kabila, who came to power in wartime in 2001, has asked Congolese civil society to appoint Mr Malu-Malu’s replacement.Mr Olivier Kamitatu, a member of a group of seven parties known as DR Congo’s G7 that recently switched to the opposition, described the resignation as “a new stroke of lightning in (DR Congo’s political) landscape”.Samy Badibanga, who heads the main opposition alliance in parliament, showed little surprise however over the resignation.Mr Malu-Malu was being treated abroad for an undisclosed disease, and had been mostly absent from public view for months.While it appears the CENI chief really was unwell, “everything seems to indicate that (the government) wants to gain time” ahead of the slated polls, Badibanga said.“Malu-Malu was CENI’s most qualified expert,” he added, crediting him for the work he did during the 2006 election — DR Congo’s first free poll since the country’s independence in 1960. The resignation “will complicate things” in the countdown to next year’s polls, Mr Badibanga warned.DR Congo has been marred by political tension since President Kabila’s contested re-election in 2011. None of the votes that were scheduled to be held since then have gone ahead.
Oscar KaysTrooper Morgenn Evans Jeffersonville, In. — An Indiana State trooper narrowly escaped a fatal gunshot during a routine traffic stop in Jeffersonville Tuesday.A report from police says trooper Morgenn Evans pulled a car over driven by Oscar Kays, 79, for a traffic infraction at 7:05 p.m. near Park and Jefferson Streets. During the contact Kays pulled a handgun a shot Evans in the head. Evans was able to return fire and get back to his cruiser to pursue Kays as he fled. Kays was taken into custody at his home on Hutson Drive a short time later.Both, Trooper Morgenn Evans and Kays were transported to University of Louisville Hospital non-life threatening injuries.Investigators have not determined if Kays was wounded by debris from the gunfire, his weapon or a shot fired by trooper Evans. Evans has been a trooper since December of 2016.
Area Girls Softball Sectional ScoresMonday (5-21)Class 2A-Sectional 45 @ MilanMilan 12 Austin 0Class 1A-Sectional 60 @ Rising SunNorth Decatur 5 Rising Sun 0Class 4A-Sectional 14 @ East CentralBloomington North 10 Columbus North 0