NetEnt profit declines in 2019 despite Red Tiger acquisition

first_imgCasino & games Tags: Online Gambling Slot Machines Stockholm-listed casino game developer NetEnt’s revenue increased slightly year-on-year to SEK1.79bn (£143.3m/€170.4m/$186.1m) in 2019 as the company’s acquisiton of Red Tiger Games helped offset “weakness” in Sweden and Norway, but the supplier’s profit declined.The supplier’s SEK1.79bn in revenue was made up almost entirely of royalties, which came to SEK1.71bn, down 1.0% year-on-year. Setup fees brought in a further SEK56.2m in revenue, up 10.2%, and other revenues increased almost seven-fold to SEK26.2m.The supplier’s chief executive, Therese Hillman, said that revenue grew in the United States but declined in Sweden and Norway.Red Tiger, which was acquired by NetEnt in September 2019, contributed SEK 126m in revenue.“Since the acquisition, Red Tiger has exceeded our expectations and now forms a vital part of our ongoing improvement efforts within the NetEnt Group,” Hillman said.NetEnt’s operating expenses also increased, however, by 7.1% to SEK1.26bn. Personnel expenses declined 8.4% to SEK491.1m but remained NetEnt’s largest expense. Other operating expenses rose 3.9% to SEK446.7m.Depreciation and amortisation costs, also counted as operating costs in NetEnt’s earnings report, increased 51.8% to SEK326.5m, leaving an operating profit of SEK528.7m, down 12.0%.Red Tiger’s financial income came to SEK 73.0m, up 17.4%. However, this was outweighed by financial expenses, which more than tripled to SEK128.5m, resulting in pre-tax profit declining 24.1% to SEK472.1m.After tax, which came to SEK44.3m, NetEnt recorded a full-year profit of SEK428.9m, down 25.7%. After exchange rate differences, primarily from a weaker Swedish Krona compared to the British Pound, NetEnt’s total income for the period attributable to shareholders came to SEK566.9m, down 3.1%.For the fourth quarter of 2019, NetEnt’s revenue came to SEK512.0m, the highest quarter ever for the company and up 10.0% year-on-year.Geographically, Great Britain contributed to 19% of NetEnt’s game win (player bets minus wins), from which royalty fees are calculated, while Sweden contributed 7%. Other Nordic countries brought in 13% of NetEnt’s game win, other non-Nordic European countries 44% and the rest of the world 19%.Slot games made up 94% of game win and table games 6%. Although NetEnt did not disclose its total game win, Hilman said the figure increased 4.9% in euro currency terms.NetEnt did not break down game win by region or type of game for the full year.Operating expenses came to SEK351.4m, also up 10.0%. This was made up of SEK122.2m in personnel costs, SEK100.7 in depreciation and amortisation costs and SEK128.5m in other operating expenses.This resulted in an operating profit of SEK160.6m, up 9.8%. However, after a net financial loss of SEK33.6m, pre-tax profit came to SEK127.0m and overall profit to SEK112.6m, down 10.2% year-on-year.Hillman said the Red Tiger acquisition ensured NetEnt is well-primed for 2020.“Backed by our ongoing focus on efficiency and the acquisition of Red Tiger, we are entering the new year in a stronger position,” Hillman said. “Our global distribution and two strong brands give us the right basis to increase our market shares in online casino. We see good conditions for NetEnt to deliver growth in 2020, supported by our combined game portfolio and Live Casino.” 12th February 2020 | By Daniel O’Boyle Stockholm-listed casino game developer NetEnt’s revenue increased slightly year-on-year to SEK1.79bn in 2019 as the company’s acquisiton of Red Tiger Games helped offset “weakness” in Sweden and Norway, but the supplier’s profit declined. Topics: Casino & games Finance Slots Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter NetEnt profit declines in 2019 despite Red Tiger acquisition Email Address Regions: Europe Nordics Swedenlast_img read more

Read More

I never thought I’d say this about the Lloyds share price, but I’d buy it today!

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Cliff D’Arcy | Monday, 15th June, 2020 | More on: LLOY Enter Your Email Address See all posts by Cliff D’Arcy “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I never thought I’d say this about the Lloyds share price, but I’d buy it today! Not in a million years did I think I would be writing this article. I can’t remember the last time I considered Lloyds Banking Group (LSE: LLOY) as a viable investment. It’s at least four years. Yet today I argue that the Lloyds share price is so low that it’s in the bargain bin.I damaged the Lloyds share priceI played a part in the collapse of Lloyds. I worked in the PPI (payment protection insurance) industry from 1991 to 2002. After leaving, I waged war on PPI from 2003 until the claims deadline on 29 August 2019.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…I was a whistleblower, revealing in hundreds of articles, interviews and broadcasts how problematic PPI was. In 2006, the Office of Fair Trading referred the PPI market to the Competition Commission for investigation. I wrote a lengthy exposé to the Commission, earning me the industry nickname of “The guy who killed PPI”.In the UK’s biggest mis-selling scandal, Lloyds paid out £22bn in PPI compensation, out of a total exceeding £53bn. Ouch!It’s not easy being a bankThe PPI mis-selling scandal and the global financial crisis of 2008/09 that nearly killed Lloyds are ancient history. But the bank faces other difficulties that hurt the Lloyds share price and its profitability.For example, the old rule of retail banking was the ‘3:6:3 rule’. Pay savers 3% yearly interest, charge mortgage borrowers 6% a year and pay golf at 3pm. However, in this age of zero and negative interest rates, lending margins have been destroyed. No more 3% NIMs (net interest margins) for UK banks. Also, coronavirus losses will absolutely annihilate banking profits.Lloyds share price has performed terriblyAny idea how badly the Lloyds share price has done in recent years? Check out this lengthy litany of large losses:Six months: -50.4%One year: -44.9%Two years: -49.5%Three years: -53.8%Five years: -63.4%Owning Lloyds has been disastrous, with the share price halving or worse over four of these five periods. Six months ago, the Lloyds share price hit its 2019/20 high of 73.7p and crashed to a 12-month low of 27.1p on 14 May.Isn’t it time to buy Lloyds?I’ll get to the point: Lloyds has been a dog with fleas since 2007, but how low can it go? Every dog has its day and there must come a time when the Lloyds share price has its day in the sun. Without Covid-19, Lloyds could have enjoyed a wildly profitable 2020, but we’ll never know.I regard today’s Lloyds share price of 31.3p as an option on the bank’s future. There is no dividend and Coronavirus will wipe out earnings in 2020/21. Still, for the price of a packet of crisps, you gain part-ownership of a £22.6bn business.Lloyds is #1 in UK retail banking by a long, long way. It and a supportive Conservative government should make banking profitable again. Otherwise, we may as well all pack up and go home, because capitalism will be dead. The Lloyds share price is depressed today, but it won’t be forever. I’d buy.last_img read more

Read More

Selling domain names for charity

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Selling domain names for charity Howard Lake | 20 April 2001 | News Charitydomains.co.uk is a non-profit making organisation donates at least £1 to charity for each domain name it sells. Charitydomains.co.uk is a non-profit making organisation donates at least £1 to charity for each domain name it sells. The site itself uses the domain name registration services of domain name services company Easily.co.uk. The beneficiary cause is Willow Bank Pre-school.Visit Charitydomains. Read UK Fundraising’s coverage of charity domain name issues. Advertisementcenter_img  8 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Read More

Dogs Trust raises over £3,000 with Click Now search tool

first_imgDogs Trust raises over £3,000 with Click Now search tool  19 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Dogs Trust raised over £1,800 during September 2005 through charity search engine Click Now, taking its total raised since June 2005 to over £3,000.Click Now reports that its charity partners generated over 0.5 million searches in September, an increase of 350% on the previous month. Click Now’s 100+ participating charities earn a share of the income generated on searches and clickthroughs made. They encourage their supporters to use the search tool to generate income for them. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Digital Research / statistics Howard Lake | 17 November 2005 | Newslast_img read more

Read More

British Military Tournament to benefit all three services’ charities

first_imgThis year’s British Military Tournament will benefit charities for the three armed forces. The event, supported by Boeing, takes place at Earls Court London form 2 to 4 December 2011, and will benefit ABF The Soldiers’ Charity, the Royal Navy & Royal Marines Charity, and the RAF Benevolent Fund.Last year the Tournament was the biggest fundraising event for ABF The Soldiers’ Charity. This year’s event has a theme of the “special relationship”, or “essential relationship” as it was recently referred to by the Prime Minister, between the United Kingdom and the United States.It will depict the 250-year military history between the UK and USA through performances of military precision, re-enactments, words, and musicin a theatrical spectacular. It will be narrated by actor Anthony Andrews.General Sir David Richards, the Chief of the Defence staff said: “Last year’s efforts were a great success as a spectacle for the public and in raising money for ABF The Soldiers’ Charity and I am delighted that it will be held again this year with an even wider participation and, now, to the benefit of the Royal Navy and Royal Marines Charity and the Royal Air Force Benevolent Fund as well as The Soldiers’ Charity”.www.britishmilitarytournament.com Tagged with: Events About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  26 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis British Military Tournament to benefit all three services’ charities Howard Lake | 13 June 2011 | Newslast_img read more

Read More

Garfield Weston Foundation & Media Trust partner to improve communications between environmental charities, funders & public

first_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. “While we are all experiencing a Covid-19 crisis, we also still face an environmental crisis. This report highlights the need for powerful conversations between environmental organisations, grant makers and the public, to ensure that excellent organisations are able to do what they do best. We need to break this vicious circle so that organisations have clear messages, the public understands the urgency to act and funders are motivated to provide support.While the pandemic is causing significant uncertainty across all areas of our society our Trustees are very clear that, as well as helping charities with revenue funding, supporting organisations tackling all aspects of climate change remains a key priority.”The programme with the Media Trust will run in 2021. The Garfield Weston Foundation is also encouraging charities working on all issues relating to the environment to apply to them for funding. It has already donated over £40 million since April to support charities affected by Covid-19. Melanie May | 15 October 2020 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 The Garfield Weston Foundation is partnering with the Media Trust to develop a programme aimed at helping environment charities improve their communications, messaging and profile-raising capabilities. The move follows research by the foundation that found the majority of environmental charities feel their work is little understood by both the public and funders, with almost a quarter struggling to identify funding sources.The Garfield Weston Foundation found that only 30% of the non-profit organisations it surveyed believe trusts and foundations understand their environmental work, and 24% struggle to identify sources of funding.And, while three-quarters of organisations feel confident in the skillset necessary to raise funds, almost half (46%) consider income generation one of the biggest challenges.Public understanding was also identified as a key barrier. Almost half of the organisations surveyed (49%) believe the biggest challenge the UK charity sector faces is a lack of understanding among the public about the urgency to act on environmental issues, with 55% also identifying the ability to persuade the public of the need to act rapidly as another key challenge. And, over a quarter of organisations fear Brexit and Covid-19 are weakening charitable efforts when it comes to policy work.The Foundation commissioned I.G. Advisors to survey 68 environmental organisations across the UK, including the Woodland Trust, the RSPB, Buglife and Hubbub. The report, ‘Prioritising our Planet’, reveals that three-quarters of environmental charities are finding financial sustainability a challenge, while almost 80% say they are unable to raise the money they need to achieve the impact they want. Nearly 60% of organisations say they would need an additional 50% of income to reach their strategic goals.Garfield Weston decided to commission the report after receiving very few applications from charities working on environmental issues despite encouraging the sector to apply for funding.RSPB CEO, Beccy Speight, commented:“We know that if we are too hard-hitting and the news is too bleak, then people switch off. What we haven’t done enough of yet is highlighting the positive solutions as well as the dangers. We need to get that balance right.“The next eighteen months are pivotal. Covid-19 has given us an opportunity to raise awareness of climate change and nature. We need to highlight the value that tackling the carbon crisis and restoring habitats can bring, such as jobs and new opportunities in a more resilient and healthy economy.”Garfield Weston Foundation’s Director, Philippa Charles, added: Advertisement  635 total views,  2 views today Tagged with: charity communications environment Funding research  636 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 Garfield Weston Foundation & Media Trust partner to improve communications between environmental charities, funders & publiclast_img read more

Read More

Opposition journalist abducted and threatened by soldiers

first_img February 3, 2005 – Updated on January 20, 2016 Opposition journalist abducted and threatened by soldiers News RSF calls for a fully transparent investigation after mine kills two journalists in Azerbaijan RSF_en June 4, 2021 Find out more Follow the news on Azerbaijan Organisation AzerbaijanEurope – Central Asia Help by sharing this information Russian peacekeepers deny foreign reporters access to Nagorno-Karabakh “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says AzerbaijanEurope – Central Asia Reporters Without Borders said it was appalled by the abduction and threats to a journalist on the opposition daily Monitor, Akper Hasanov, who was held for almost five hours on 2 February at Baku military headquarters.Soldiers in plain clothes forced him to write a refutation of one of his articles carried by the Monitor on 29 January that reported on horrifying conditions endured by a military unit in the Geranboy region. “We are appalled at the crude methods of intimidation used by government employees towards a journalist,” the worldwide press freedom organisation said in a letter to the defence minister. ” The fact that defence ministry officials can kidnap an opposition journalist on the streets of Baku in broad daylight with complete impunity is a disturbing indication of the deterioration in press freedom in Azerbaijan,” it said, calling for an independent investigation to establish the full facts of the case.Hasanov’s ordeal began when he was approached by a man who described himself as a teacher who had been unfairly dismissed. He said he had proof of his allegations and invited the journalist to follow him to Icheri Sheher (army headquarters) to show him some documents.Several people then seized the journalist and took him to the office of the Baku military command where he was held from midday until 4.30pm. His kidnappers forced him to put in writing that his article headlined « if war was tomorrow », carried in Monitor on 29 January 2005, was in fact written by the newspaper’s editor, Elmar Huseynov, against whom the authorities were already taking legal action. They threatened to sack his uncle who works for the defence ministry and frightened him by saying that they knew his telephone number and address. In the face of relentless psychological harassment, he finally wrote a letter saying that his editor was the author of the article. The soldiers seized his dictaphone and listened to all his recordings. They then called the defence ministry and said that their job was done.Elmar Huseynov, editor of Monitor described the incident as a brutal violation of the law and of press freedom. “It is an obvious sign of the lamentable state of free expression in our country and ignorance of the demands of the international community in relation to press freedom,” he said.The daily has been hounded through the courts since October 2003 and sentenced to pay heavy fines after several defamation actions brought by people close to the government. Members of the military abducted Akper Hasanov, journalist on opposition daily Monitor, and held him for nearly five hours for writing an article on an army unit that had evidently angered them. They held him at Baku military headquarters where he was forced under threat to write a refutation, accusing his editor of being the author of the article. June 8, 2021 Find out more to go further April 9, 2021 Find out more News News Receive email alerts Newslast_img read more

Read More

Final journey of a free spirit

first_imgNewsLocal NewsFinal journey of a free spiritBy Alan Jacques – November 26, 2015 3106 HOMELESS man Vedran Kohut, who spent much time in Limerick over the past seven months with his faithful dog Evelyn, died tragically last week. Limerick Post reporter Alan Jacques remembers his friend. ON the way home from work in a torrential downpour last Wednesday, November 18, I heard a report on the radio that Gardaí in Blanchardstown were investigating a traffic collision on the M50 in which a ‘male’ was killed.Sign up for the weekly Limerick Post newsletter Sign Up The rain was so heavy that I struggled to see the cars in front of me. Driving in these conditions was hard enough so I didn’t give the news much thought other than to think for a fleeting moment how awful it was that another life had been lost on our roads.According to the newsreader, the collision, which involved a lorry and a pedestrian, occurred at around 2.10pm.“No one else was injured in the collision. The man’s body has been removed to the mortuary at Blanchardstown Hospital and Lane 3 has been opened, with the other two lanes closed to facilitate a forensic collision examination,” a matter-of-fact voice informed its listeners.News of the poor man’s passing quickly faded from my mind.However, the next morning, this news bulletin was to make more of a personal impact on me when the fatally injured man’s identity was made known.I received an email from a reporter at the Herald newspaper at 9am explaining that he had Googled the deceased’s name and discovered that it was “the same man you spoke with recently about homelessness in Limerick”.I immediately felt my heart break.I hoped all morning that it was not the same person, but as more detail came through it was clear that there was going to be no escaping this hammer blow.Vedran Kohut was born on August 13, 1978.I had only gotten to know the 37-year-old Croatian seven months before his tragic death but I liked him instantly. You could not help but like him.A tall, handsome man, there was a softness and warmth about Vedran that made it impossible for him not to win a place in your heart.He will certainly always have a place in mine.Every time I met him, whether on a street corner or when he came by the office, the greeting was always the same.“How are you my friend?” he would always say.It felt like he was welcoming you into his home. In fact he was.Vedran was a free spirit; he considered the whole world his home, and every last person in it, his family. He had a massive heart and for a man who had few material possessions, he had love enough inside him for everyone.He was an extraordinary individual.Like the rest of us, Vedran was not without his complexities, and despite the chaotic life he lived, on some level he wanted better for himself.Vedran was an adventurer, a dreamer, a gentleman, an animal lover, a people person and a survivor. He was also passionate, impractical, sincere, kind, friendly, confident, resilient, erratic, determined, intelligent, brave, manic, compassionate and homeless.Homeless was what Vedran was. It wasn’t who he was. It didn’t define him as a human being. He was so much more than just homeless.One of the last times I met him he arrived at the Limerick Post office with a copy of his CV in case I heard of any work going. He dreamed of having a home and car and one day setting up his own business in Limerick. He was constantly looking for work.He had dreams, hopes and aspirations just like anyone else.The man I thought of as a friend also lived with schizophrenia. I often feared that this, combined with his naivety, gentle nature and resolute belief in the goodness of others might put him in harm’s way — especially, when he was off his medication.Even though I had only known Vedran a short time, I would find myself worrying about him if I hadn’t seen him in a few weeks and always hoped he was okay. I would always feel a great sense of relief when he would turn up out of the blue like Don Quixote back from another turbulent adventure.Before he came knocking on the Limerick Post’s door at the end of March this year looking to speak with a reporter, he and his faithful canine companion, Evelyn, had visited 29 cities across Europe since setting out on their journey in 2013. The pair travelled everywhere together from Slovakia to Poland, Czech Republic, Slovenia, Bosnia and Herzegovina, Germany, Switzerland, Austria, Italy and France.Vedran was devoted to his pet dog, Evelyn. The love he had for this quiet-natured animal is rare enough between people. He cared so much for his four-legged sidekick. It was beautiful to see and I think this bond goes a long way to show the wonderful person he truly was.Vedran was not a man to be feared or looked down upon; he was a caring and loving person who deserved so much better.“Evelyn, my dog, has travelled everywhere with me. She is everything to me. I keep learning from her and our adventures so far have been amazing and inspiring. Evelyn is a carrier of a very light and free energy. Her unconditional love is something I keep learning from.”On his journey Vedran made new friends, fell in love, had his heart broken, worked when he could find it, volunteered at homeless shelters, made more friends, partied, learned new languages, studied and took refuge in people’s homes, roadsides, under bridges and the night sky.He lived a nomadic lifestyle and it was clear to me from the moment I met him that this was a personal choice. Life to him was a quest. His flag was constantly being uprooted. He hopped from one good cause to another, one chaotic environment to another, and uncertainty followed him at every step.Vedran first arrived in Ireland in November 2005. Up until May 2012 he managed to hold down jobs, both full-time and part-time, in different Dublin pubs and restaurants as a waiter and barman. He then returned home to Croatia for a few months where he volunteered at a homeless shelter in Zagreb before setting off on his great European walkabout.Vedran’s time in Ireland stayed with him while on his travels and he told me that it was here that he always dreamed of building a life for himself. He felt a rapport with the Irish people and his outgoing and welcoming nature made him a perfect fit.He returned to Ireland in January of this year, but sadly, it was chaos and upheaval from the off with his passport, laptop and other personal belongings stolen while travelling by train to Galway. His intention, on returning to Ireland, was to reconvene his Degree in Hospitality Management in Dublin. He had completed the first year of his course before getting itchy feet and jumping ship.Vedran had also hoped to find full-time work in Ireland but was unsuccessful. Of course, he arrived in Ireland like he did everywhere else, just hoping for the best, and sure that things would somehow just work themselves out. There was never a plan.Vedran didn’t do practical. He jumped in with both feet. There was no problem too big for him, and he seemed oblivious most of the time to the gravity of his situation.The second time I met this beautiful, but deeply troubled soul was along the banks of the River Shannon where he was living in a makeshift camp. Wet clothes hung from tree branches and food and books lay soiled on the muddy ground. I was horrified, yet Vedran appeared unfazed.“Don’t worry about me, everything I need is all around me. If you ever need a blanket or some food come down here and take what you need. This is for everyone,” he insisted.As I left him that afternoon, deeply concerned for his wellbeing, I will never forget as long as I live, him shouting across the Friday traffic to me to tell me to mind myself.He cared so much for others that he seemed incapable of putting himself in the picture. His first and only thought was for other people.I tried to get Vedran some help to try and get him out of this dire situation, but sadly, he couldn’t be helped because he didn’t see a problem.Others including Novas Initiatives and the Council’s Homeless Action Team also did their best to help this young man but, I always suspected, there was unwillingness on his part to engage. He wanted better, at the same time he didn’t, or was unable to break the chaotic cycle to accept real change.This chaotic lifestyle for Vedran, like many other street homeless, was one of choice. And despite the fact that I couldn’t understand why, it was also one that appeared to make him happy. At least, that was my reading of it.One thing I do know for certain, and that is that the world is a much poorer place without my friend Vedran Kohut in it. I am so grateful for taking the chance to have engaged with this wonderful man and to have known him as a friend. He has enriched my life.I last saw Vedran three weeks before his death. He told me he was leaving Evelyn with friends in Limerick who were going to take care of her. He looked more gaunt than usual and I just wanted to throw my arms around him and give him a hug. I’m sorry now that I didn’t.I watched him walk up O’Connell Street on a Sunday afternoon and wondered when I would see him again and prayed he would be safe and well.Vedran died tragically at 2.10pm on November 18 on the M50 in Dublin. He lived a life without a home, without rest and with constant turbulence.As I look up to the heavens I hope my friend Vedran you are at peace at last.But, having known him a little, I have no doubt he is already off on his next adventure. Print Advertisement RELATED ARTICLESMORE FROM AUTHOR Twitter TAGSAlan JacquesBlanchardstownCroatiaDublinEvelynfeaturedhomelesshomelessnesslimerickM50Vedran Kohut WhatsApp Facebook Email Linkedin Watch: Joe gives free rein to the healing power of horses Sinn Féin’s Séighin Ó Ceallaigh raises Incinerator with EPA Limerick gardai renew appeal for missing Tipperary teen Previous articleLimerick council budget spares businesses but cuts bin waiverNext articleRugby – Munster’s James Cronin Previews Connacht clash Alan Jacqueshttp://www.limerickpost.ie Emma Leahy will point the way to tomorrow’s world ‘Go for Life’ is older not slower Sinn Fein TD Carol Nolan criticises plans to extract water from the Shannon to meet Dublin’s needslast_img read more

Read More

Limerick hospital bosses say there is no shortage of nurses

first_imgLinkedin Print Email Advertisement RELATED ARTICLESMORE FROM AUTHOR 1,746 elderly patients waited over 24 hours in University Hospital Limerick ED in 2017 says Limerick TD NewsHealthLimerick hospital bosses say there is no shortage of nursesBy Bernie English – January 4, 2018 2753 Public urged to use other channels before going to ED WhatsApp Twittercenter_img Facebook TAGSbedscancellationclinical nursing concernsemergency departmentIrish Association of Emergency MedicineJan O’SullivanlimerickMary Fogarty INMOnursesPhil Ni SheaghdharecruitmentstresssurgerytrolleysUHLUL Hospitals Groupvacancies Public urged to consider all care options as high volumes presenting at UHL Planning in for temporary Emergency Department beds Previous articleFormer Limerick senator is cleared of chargesNext articleIt’s cold outside but The Hunks of Desire will raise the temperatures Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. #BREAKING Health alert as measles case confirmed in Limerick University Hospital LimerickCLAIMS that patients are being denied surgery at University Hospital Limerick because of a shortage of nursing support staff have been denied by hospital management.A spokeswoman for the University of Limerick Hospitals Group told the Limerick Post that there are no delays and there is no shortage of either theatre or other nursing staff.The statement is in direct contradiction to claims made by Irish Nurses and Midwives Organization (INMO) local representative Mary Fogarty, who said that their members had alerted them about delays because of a shortage of nurses.Sign up for the weekly Limerick Post newsletter Sign Up Ms Fogarty has also said that more robust action from management is called for to tackle the constant overcrowding problem in the emergency department at UHL.The call for a more stringent structure around patient admission and discharge come as the Limerick hospital was revealed as having the highest number of patients – 8,869 – forced to wait on trolleys for a bed last year.Mary Fogarty, INMOMs Fogarty, said that it is acknowledged that the hospital needs more acute beds but that “even if those beds were available tomorrow, there is a need for a more robust management system for admission and discharge of patients”.She said there are “clinical nursing concerns” around access to surgery in the hospital.Nurses are needed not just in theatre but also for patients recovering after surgery and the INMO has written to the hospital advising them of these concerns, she said.“We are being told all the time that staff are finding is too stressful to work in the overcrowding conditions in the emergency department and that they are opting for posts elsewhere in the hospital group. They are being put off working at UHL because of the situation in the emergency department and the knock-of effects for staff”.However in a statement to the Limerick Post, a hospital spokeswoman said: “the number of nursing vacancies at UL Hospitals Group is at an all-time low following successful national and international recruitment campaigns. Staffing in our emergency department has been consistently stable since it opened in May 2017.“UL Hospitals Group has a very small number of vacancies across both the  emergency department  and theatres and are appointing nurses off panels to fill five vacancies in the  emergency department and two in theatres.“There are no delays to surgery due to nursing staff shortages.  As part of our Winter Plan, theatre closures took place during Christmas week and into early January to facilitate the high number of patients who present to the  emergency department during this time”.“The numbers presenting to the emergency department at UHL continues to increase year-on-year and of those presenting, the numbers requiring admission, including many frail elderly patients, has also increased.  There has been an increase of 6 per cent in presentations to the emergency department during 2017 when compared to 2016 with total attendances exceeding 67,000, which is the highest number ever recorded.Meanwhile, Labour Deputy Jan O’Sullivan warned that the much-needed new 96 bed unit has no chance of even going to tender before 2019, because there is “not one cent for it in the HSE 2018 Services Plan. We need an interim solution. Vulnerable people cannot go through another winter like this one”.And the Irish Association of Emergency Medicine said in a statement on the national figures: “The sense of déjà vu is overwhelming but disappointing, nonetheless.“Our most vulnerable citizens are being boarded on trolleys, the majority of whom are being warehoused for prolonged periods in noisy, bright, busy, packed emergency departments around the country. We are also seeing children who need a hospital bed being held overnight in emergency departments ; a new and worrying trend that is not captured in any of the official figures”.INMO secretary general Phil Ni SheaghdhaSpeaking on Wednesday, when there were 677 patients on trolleys nationally, 53 of them in Limerick, INMO General Secretary, Phil Ni Sheaghdha, said: “There is ample evidence which confirms that high  emergency department occupancy is associated with increased in-hospital mortality following admission from overcrowded emergency departments.“An increase in a nurse’s workload, by one patient, increases the likelihood of an inpatient dying within 30 days of admission by seven per cent.  High levels of burnout have been reported amongst nurses working in overcrowded environments,” she said.More health news here Limerick hospital needs additional resources to cope with ‘Australian flu’last_img read more

Read More

[Breaking] ‘Have Faith In Our HCs’ : SC Asks Republic TV To Move Bombay HC With Plea Challenging Mumbai Police Summons In TRP Case [Read Order]

first_imgTop Stories[Breaking] ‘Have Faith In Our HCs’ : SC Asks Republic TV To Move Bombay HC With Plea Challenging Mumbai Police Summons In TRP Case [Read Order] Radhika Roy14 Oct 2020 11:34 PMShare This – xThe Supreme Court on Thursday refused to entertain a writ petition filed by the company running Republic TV and its chief Mr. Arnab Goswami seeking to quash the summons issued by the Mumbai police in the FIR alleging manipulation of Television Rating Points(TRP).The Court granted the petitioners liberty to approach the High Court.”We must have faith in our HCs. Without the intervention of the…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Thursday refused to entertain a writ petition filed by the company running Republic TV and its chief Mr. Arnab Goswami seeking to quash the summons issued by the Mumbai police in the FIR alleging manipulation of Television Rating Points(TRP).The Court granted the petitioners liberty to approach the High Court.”We must have faith in our HCs. Without the intervention of the HC, it sends a bad message to the HC. They have been functioning throughout the pandemic”, Justice DY Chandrachud remarked.”Go under Article 226 or Section 482″, Justice Indu Malhotra too weighed in.At this, Senior Advocate Harish Salve, appearing for the petitioners, agreed to withdraw the plea to approach the HC.During the short hearing, the bench also expressed concerns at the practise of police commissioners giving press statements in relation to cases.”We are also concerned by the way police commissioners are giving interviews to the press these days”, Justice Chandrachud remarked.A bench comprising Justices D Y Chandrachud, Indu Malhotra and Indira Banerjee considered the petition jointly filed by ARG Outlier Media Pvt Ltd and Arnab Goswami.It was on October 8 that the Mumbai police told the press that it has detected the fraudulent practise of TRP manipulation. Republic TV and two Marathi channels were said to have been arrayed as accused in the FIR.A household comprising people who were not literate always had an English news channel switched on; they were paid about Rs 400-500 every month, said the police.The police said that they arrested a person associated with Hansa Research Group Pvt Ltd, which was assisting the Broadcast Audience Research Council (BARC). BARC prepares the TRP ratings, installing 30000 barometers in various parts of the country to monitor programs and based on the statistical metrics, BARC awards ratings to various TV channels.As per the police version, few employees of Hansa misused the confidential data which had been entrusted to them. “Preliminary investigations also revelaed that these accused persons have manipulated the sampling metering services by inducing the barometer users by paying them periodically to watch particular TV Channel/s. Many of the people in whose homes these barometers have been installed have accepted that they have been monetarily beneficial for keeping their TV sets on even if they did not actually watch”, the police statement said.Mumbai Police Commissioner Param Bir Singh had told reporters an FIR has been registered at Kandivali Police Station for offences of criminal breach of trust (Section 409), cheating (420) and criminal conspiracy (120B) under the Indian Penal Code.Click Here To Download Order[Read Order]Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Read More