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Scott brings Capitol for a Day to Orleans County on Tuesday

December 31, 2020
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first_imgVermont Business Magazine Governor Phil Scott and members of his Cabinet will be in Orleans County on Tuesday, October 9 for its eighth Capitol for a Dayvisit.  The initiative has brought the Governor and dozens from his Cabinet and Extended Cabinet to Rutland, Caledonia, Windsor, Franklin, Bennington, Addison and Chittenden counties since the start of the summer. “It’s so important for those of us in state government to get outside Montpelier and listen to Vermonters around the entire state, because each community has unique challenges and opportunities,” said Scott.Capitol for a Day gives local constituents, municipal governments and other partners the opportunity to connect directly with State leadership and staff. The Administration will visit each of the state’s 14 counties as part of this initiative.Follow along on social media using the #VTCapitol4aDay hashtag.WHEN:                Tuesday, October 9                             8:00 a.m. – 6:00 p.m.(Details below)                               WHERE:               Various locations throughout Orleans CountyGOVERNOR SCOTT’S PUBLIC SCHEDULE8:00 – 9:00 a.m.Cabinet MeetingCommunity Financial Services Group, 100 Main St. # 260, NewportWho: Governor Scott, Cabinet, Extended Cabinet, and legislators10:15 – 10:45 a.m.State Revolving Fund (SRF) Funding Announcement with EPA Region 1 Administrator Alex DunnBaxter Park, Derby Line (Rain location: Village Hall, Derby Line)Who: Governor Scott, EPA Region 1 Administrator Alex Dunn, Natural Resources Secretary Julie Moore, Administration Secretary Susanne Young, Environmental Conservation Commissioner Emily Boedecker, Tom Berry of Senator Patrick Leahy’s office, George Twigg of Congressman Peter Welch’s office, Department of Environmental Conservation staff Ashley Lucht, and Village of Derby Line trustees11:30 a.m. – 12:30 p.m.Panel Discussion on Educational Challenges and Opportunities for Working Lands Careers & Center TourHarold J. Haynes Memorial Land Lab at the North Country Career Center, 633 Upper Quarry Rd., NewportWho: Governor Scott, Human Services Secretary Al Gobeille, Agriculture Secretary Anson Tebbetts, Labor Commissioner Lindsay Kurrle, Forests, Parks & Recreation Commissioner Michael Snyder, Forests, Parks & Recreation Deputy Commissioner Sam Lincoln, representatives from North Country Technical Career Center, Green Mountain Technical Career Center and Goodridge Lumber, and Career Center students12:45 – 1:45 p.m.Roundtable Discussion on the Craft Beverage IndustryEden Specialty Ciders, 1023 Sanderson Hill Rd., West CharlestonWho: Governor Scott, Tourism & Marketing Commissioner Wendy Knight (facilitator), Commerce & Community Development Michael Schirling, additional members of the Cabinet & Extended Cabinet, legislators, and representatives from local businesses, including Eden Specialty Ciders, Kingdom Brewery, Vermont Brewer’s Association, Smuggler’s Notch Distillery2:15 – 3:15 p.m.Governor’s Weekly Press Conference: Downtown and Village Center Tax Credit Award AnnouncementAlbany General Store, 842 Main St., AlbanyWho: Governor Scott, Housing & Community Development Commissioner Katie Buckley and department staff, Digital Services Secretary John Quinn, legislators, members of the Albany Community Trust, representatives from the Preservation Trust of Vermont, and award recipients3:30 – 5:00 p.m.VOREC Community Grant Pilot Program and Steering Committee MeetingCraftsbury Outdoor Center, 553 Lost Nation Rd., Craftsbury CommonWho: Governor Scott, Natural Resources Secretary Julie Moore, Housing & Community Development Commissioner Katie Buckley, Tourism & Marketing Commissioner Wendy Knight, Forests, Parks & Recreation Commissioner Michael Snyder, Forests, Parks & Recreation Deputy Commissioner Sam Lincoln, Transportation Secretary Joe Flynn, Public Service Commissioner June Tierney, and members of the Governor’s Vermont Outdoor Recreation Economic Collaborative(link is external) (VOREC) Please note, this schedule is subject to changeADDITIONAL PUBLIC EVENTS WITH CABINET & EXTENDED CABINET9:30 – 10:15 a.m.Visit Jed’s Maple259 Derby Pond Rd., DerbyWho: Agriculture Secretary Anson Tebbetts, and Agency of Agriculture staff9:30 – 11:00 a.m.Discussion & Tour: Washington Electric Coop’s Landfill Gas to Energy Generating Facility21 Landfill Ln., CoventryWho: Public Service Commissioner June Tierney and Energy Program Specialist Edward Delhagen, WEC Director of Operations & Engineering Dan Weston, WEC Board President Barry Bernstein, and WEC General Manager Patricia Richards 10:00 – 11:00 a.m.Opportunity Zones MeetingNewport Municipal Office Building, 2nd Floor, City Council Room, 222 Main St., NewportWho:  Commerce & Community Development Secretary Mike Schirling and Deputy Secretary Ted Brady, Housing & Community Development Commissioner Katie Buckley, Buildings & General Services Commissioner Chris Cole, Economic Development Commissioner Joan Goldstein, Mayor Paul Monette, Town Manager Laura Dolgin, Dave Snedeker, and Karen Geraghty    10:30 – 11:15 a.m.          Visit Troy School126 Main St., North TroyWho: Education Secretary Dan French, and Agency of Education staff12:15 – 1:00 p.m.Visit Albany Community School351 Main St., AlbanyWho: Education Secretary Dan French, and Agency of Education staff12:45 – 1:30 p.m.Visit North Country Career Center209 Veterans Ave., NewportWho: Education Deputy Secretary Heather Bouchey 1:00 – 2:00 p.m.A Conversation on Audio, Braille, Large-Print & Electronic Book Services Available to VermontersThe Dailey Memorial Library, 101 Junior Drive, DerbyWho: Interim State Librarian Jason Broughton, and members of the public (this event is free and open to the public)1:30 – 2:00 p.m.Tour Clyde River Fish Ladder964 Clyde St., NewportWho: Natural Resources Secretary Julie Moore, Environmental Conservation Commissioner Emily Boedecker, and Department of Fish & Wildlife Fisheries Biologist Pete Emerson1:30 – 2:15 p.m.Visit Orleans Central Early Childhood Program130 Kinsey Rd., BartonWho: Education Secretary Dan French, and Agency of Education staff1:30 – 2:30 p.m. Farm at Wheeler Mountain1445 Lakeview Rd., BartonWho: Agriculture Secretary Anson Tebbetts, and Agency of Agriculture staff1:30 – 3:00 p.m.Meeting with County Emergency Management, Fire Fighters and EMSNewport Fire Department, 350 Western Ave., NewportWho: Public Safety Commissioner Tom Anderson, Fire Safety Director Michael Desrochers, Emergency Management Director Erica Bornemann, and Dan Bastie of the Vermont Dept. of Health1:45 – 2:30 p.m.A Conversation with Lodging OperatorsGoodrich Memorial Library, Vermont Room, 202 Main St., NewportWho: Tax Commissioner Kaj Samsom, Tourism & Marketing Commissioner Wendy Knight, and Tax Economist & Director of Policy Douglas Farnham2:00 – 3:00 p.m.A Conversation on Audio, Braille, Large-Print & Electronic Book Services Available to VermontersThe Greensboro Free Library, 53 Wilson St., GreensboroWho: Interim State Librarian Jason Broughton, and members of the public (this event is free and open to the public)2:00 – 3:00 p.m.Wellness Seminar: Fuel and Fitness: Your WayGoodrich Memorial Library, 202 Main Street, US Rt. 5, NewportWho: Human Resources Commissioner Beth Fastiggi, Department of Human Resources staff, state employees, and members of the public (this event is free and open to the public)2:15 – 2:45 p.m.Memphremagog Phosphorus Sampling and Rain Garden TourCity of Newport Chamber of Commerce, 246 Causeway St., NewportWho: Natural Resources Secretary Julie Moore, Environmental Conservation Commissioner Emily Boedecker, Watershed Coordinator Ben Copans, Memphremagog Watershed Association President Mary Pat Goulding and Director Kendal Lambert, and City of Newport staff2:15 – 3:00 p.m.           Northeast Kingdom International Airport TourNEK International Airport, 2628 Airport Rd., NewportWho: Transportation Secretary Joe Flynn, Transportation Rail & Aviation Program Director Dan Delabruere, Transportation Statewide Aviation Operations Manager Rollin Tebbetts, Transportation Northern Aviation Operations Manager Jennifer Davis, legislators, Dan Gauvin of Lakeview Aviation, and Doug Morton of Northeastern Vermont Development Association2:30 – 3:30 p.m.Wellness Seminar: Natural Remedies to Alleviate PainDailey Memorial Library, 101 Junior High Dr., DerbyWho: Human Resources Commissioner Beth Fastiggi, Department of Human Resources staff, state employees, and members of the public (this event is free and open to the public)2:45 – 3:30 p.m.Lake Region UHSD317 Lake Region Rd., OrleansWho: Education Deputy Secretary Heather Bouchey 2:45 – 4:00 p.m.Tax and Legislative Update and Roundtable DiscussionGoodrich Memorial Library, Vermont Room, 202 Main St., NewportWho: Administration Secretary Susanne Young, Tax Commissioner Kaj Samsom and Tax Economist & Director of Policy Douglas Farnham,Finance & Management Commissioner Adam Greshinlast_img read 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Outlaw Half Event in Bowood, South West England confirmed

December 31, 2020
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first_img‘Following months, if not years, of speculation’, the popular Outlaw Triathlon Series in the UK has confirmed a new middle-distance event in the South West of England. Outlaw Half Bowood will take place on Sunday 7 June at Bowood Estate in Wiltshire.Bowood is located off the M4 motorway close to Chippenham, midway between Bath and Swindon. After years of searching for a suitable new venue for Outlaw, the event team found that ‘Bowood offers good accessibility, a stunning backdrop and a course that is in keeping with rest of the Outlaw Series.’The 1.2 mile swim will take place in the large natural lake on site. There is then a single lap 56 mile bike course followed by a three-lap 13.1 mile run within the grounds of the estate, which boasts 100 acres of parkland beautifully landscaped by 18th-century architect Capability Brown. The start, finish, transitions and event village will all be situated against the backdrop of the Georgian Bowood House.Event Director, Iain Hamilton said “We’ve been hinting at a ‘southern’ Outlaw event for several years and are really pleased to have been given the opportunity to use Bowood Estate.“The venue is stunning, and we’re able to retain the ethos of the other events in the series in terms of having a single lap swim, single lap bike course and multi lap run, as well as keeping the start, finish and transitions all very close together.”He added: “We’re aware that the date clashes with other high-profile events. Having identified the venue, done the majority of planning and built a relationship with the local authority, which is very supportive of hosting an Outlaw event, we found the only date available was 7 June.“I’m really pleased that [popular local event] Cotswold 113, which is on the same day, is already full and has a long waiting list. We are committed to expanding the Outlaw Triathlon Series and making a success of our newest event, accepting limitations that we might have due to the date. We are already in talks with the venue and other organisers for 2021 dates.”The event is open for pre-registration now ahead of entries going on sale on 2 December. Pre-registering has the incentive of an exclusive discount on the standard entry price. Bespoke on-site camping will be available to book in the New Year.The Outlaw Series:Outlaw Half Nottingham, 17 May – General entry sold out, charity places availableOutlaw Half Bowood, 7 June – Pre-registration openOutlaw Half Holkham, 28 June – Entries openOutlaw Nottingham, 26 July – Enter by 30 November for best terms and conditionsOutlaw X, 27 September – Entries openwww.outlawtriathlon.com Relatedlast_img read more

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Roeland Park begins phase one improvements to R Park, on track to complete phase two by late 2020

December 20, 2020
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first_imgThe city of Roeland Park on Monday began site work for phase one of improvements to R Park, 5535 Juniper Street.After approving the three-phased, multi-year plan in March 2019, city councilmembers and city staff celebrated the beginning of construction with a socially-distanced groundbreaking last week. Mayor Mike Kelly said times like these make it clear as to why resources are dedicated to outdoor spaces, and that he thinks it’s a great time to improve the park.“Given the challenges of today, it’s nice to have some good news to report to Roeland Park residents,” Kelly said. “This park’s plan was made through the consideration and hard work of a lot of different people — elected, volunteers, residents — and I am proud of the plan that we put together, I think it will help make our community more vibrant and improve the quality of life for Roeland Park residents.”A rendering of one of the design options for the pavilion planned to be built at R Park.The total budget for R Park improvements is just over $1.7 million, and the bid contract for phase one and phase two — which are scheduled to be completed by mid-October 2020 — was recently awarded to MegaKC for $1,128,000. MegaKC included the following five alternates in its bid: a fireplace, a stone wall with a pergola, a grill and stone island, a southeast wing and a performance stage.Phase one of the improvements includes the construction of a medium-sized shelter, restrooms complemented by accessible parking and asphalt removal to add green space. Phase one should last until mid-August 2020, and phase two will begin shortly thereafter, according to the city’s R Park improvement timeline. The addition of a soccer field and landscaping are the two main components of phase two.The last of the three phases will include a concrete trail and a new playground structure, according to city documents. Kelly said as of now, phase three improvements are currently scheduled for 2022.last_img read more

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SYNNEX Announces New COLLABSolv Division Supporting UCC and Business Collaboration Markets

December 20, 2020
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first_imgSYNNEX Corporation today announced the launch of SYNNEX COLLABSolv, a group designed to provide increased and specialized support for the UCC and business collaboration markets in the U.S. and Canada.SYNNEX COLLABSolv is designed to address AV, IT, CE, UC, cloud, mobile and secure networking technologies under one banner. The business supports a range of platform options for enterprise, mid-market and small business customers with applications for remote workers, BYOD, hot-desking, huddle rooms, meeting spaces, collaboration rooms and customer experience centers. SYNNEX COLLABSolv supports technology solutions for vertical markets such as corporate, healthcare, education, public sector and house of worship.SYNNEX COLLABSolv Details:Stock a collaboration line card including manufacturers such as Audiocodes, Avaya, Aver, Avocor, Bose, Cisco, Crestron, Epson, Ergotron, Five9, Fortinet, Google, Harman, HPE, HPI, Intel, Konftel, Kramer, Legrand, Lenovo, LG, Lifesize, Logitech, Microsoft, NEC, Newline, OneLan, Peerless AV, Poly, Ribbon, RingCentral, Ruckus, Samsung, Sennheiser, Sharp, Verizon, Viewsonic, Watchguard, Yamaha and moreSpecialized design, sales, product and solutions teamsEnhanced service offerings including site survey and collaboration assessments, post-sale support, helpdesk services and solution monitoringBundled solutions for Teams, Zoom and WebExMeeting room-as-a-service, subscription and consumption-based plans with monthly pricing optionsSee the new group on SYNNEX’s website.last_img read more

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FSU students rally to help ailing professor

December 18, 2020
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first_img FSU students rally to help ailing professor March 15, 2007 Regular News FSU students rally to help ailing professorcenter_img Carrie May Poniewaz Journal & News Law Clerk Because “lawyers are not a particularly athletic crowd,” Professor Steven Gey says he is a little worried about the 44 people who plan to complete a triathlon in his honor March 24 in Tallahassee.“I just hope we don’t have massive cardiac arrest at the end of all this,” he joked.That sense of humor is one of the many reasons Gey has been celebrated as a favored professor among students and colleagues at Florida State University College of Law since he began teaching there in 1985. So when he announced last December that he has been diagnosed with a severe form of ALS, a debilitating and fatal disease also known as Lou Gehrig’s disease, Gey’s friends did not take the news sitting down. Efforts to raise money for ALS research sprung up immediately on and around campus, and one recent FSU College of Law graduate came up with a more elaborate plan.Inspired by a televised Ironman race, Kristina Klein, a 2006 graduate who now practices in Atlanta, found a local, shorter version of the Ironman triathlon and enlisted help from a current FSU law student to recruit 20 people who would be willing to swim one-third of a mile, bike 16 miles, and then run 3.1 miles to raise money for ALS research. With each person committing to raise $500, the original goal was for “Team Gey” to generate $10,000 in donations.“I figured this would prevent me from sitting and sulking for the next two years and give me a chance to do something to create hope,” Klein said.When four FSU law professors signed up for “Team Gey” right away, Klein said she “knew this was going to work.” the beginning of February, 44 people, including this reporter, committed to the race, and the goal doubled to $20,000.“I am so impressed and flattered by everybody’s work and effort to do this,” Gey said. “It has been truly special and tremendously encouraging not only to hear from students and former students, but also that people are putting in this effort and that people are donating.”He added that the relatively small number of people who get ALS, along with restrictions on stem cell research and the short life spans of those diagnosed, has made research on ALS notoriously underfunded. But even though doctors predict ALS will paralyze him within a year and take his life within three years, Gey has remained optimistic and continues teaching and mentoring his students.“Since the diagnosis, it is almost like he has to be the strong one for us,” said Megan Menagh, another 2006 graduate of FSU College of Law and member of “Team Gey.” “Even though he has this incredible obstacle, he is still encouraging his students as much as he did before and also being passionate about the next three years of his life.”For more information on “Team Gey” or to contribute to the team’s efforts, visit www.als.net/ffc/familyStory.asp?familyID=295 or contact Kristina Klein at (404) 885-3436.last_img read more

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Board to make appointments in December

December 18, 2020
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first_imgBoard to make appointments in December October 15, 2011 Regular News Board to make appointments in Decembercenter_img The Board of Governors is seeking applicants for the following vacancies to be filled during its December 9 meeting: Eleventh Circuit Judicial Conference: One delegate to represent the Middle District of Florida to serve a four-year term commencing January 1, 2012. The biennial conference consists of educational opportunities and meetings (by state) on matters of mutual concern. The Bar’s three delegates contribute to planning and organizing an event during the conference in every odd-numbered year. Florida Rural Legal Services: One attorney to serve a three-year term on its 20-member Board of Directors. Other appointing organizations are the NBA, Virgil Hawkins Florida Chapter, ACLU, voluntary bar associations, and various other eligible client and community organizations. The mission of Florida Rural Legal Services is to provide accessible legal assistance that empowers low-income and disadvantaged populations. Florida Realtor-Attorney Joint Committee: Five lawyers, one from each state appellate district, to serve two-year terms commencing January 1, 2012. In addition there is one at-large seat available. The Florida Bar president receives the recommendations of the Real Property, Probate and Trust Law Section for consideration. The committee is composed of 11 lawyers appointed by The Florida Bar and 11 Realtors appointed by the Florida Association of Realtors. The committee promotes cordial relations between Realtors and attorneys and presents educational seminars.Persons interested in applying for any of these vacancies may download the Application for Special Appointment from the Bar’s website, www.floridabar.org, or should call Bar headquarters at (850) 561-5757, to obtain the application form. Completed applications must be received by the Executive Director, The Florida Bar, 651 East Jefferson Street, Tallahassee 32399-2300 no later than 5:30 p.m., Monday, November 7, 2011. Resumes will not be accepted in lieu of the required application. The Board of Governors will review all applications and may request telephone or personal interviews.last_img read more

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Where’s the Proof That Mindfulness Meditation Works?

December 8, 2020
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first_imgScientific American:The concept of mindfulness involves focusing on your present situation and state of mind. This can mean awareness of your surroundings, emotions and breathing—or, more simply, enjoying each bite of a really good sandwich. Research in recent decades has linked mindfulness practices to a staggering collection of possible health benefits.Tuning into the world around you may provide a sense of well-being, an array of studies claim. Multiple reports link mindfulness with improved cognitive functioning. One study even suggests it may preserve the tips of our chromosomes, which whither away as we age.Yet many psychologists, neuroscientists and meditation experts are afraid that hype is outpacing the science. In an article released this week in Perspectives on Psychological Science, 15 prominent psychologists and cognitive scientists caution that despite its popularity and supposed benefits, scientific data on mindfulness is woefully lacking. Many of the studies on mindfulness and meditation, the authors wrote, are poorly designed—compromised by inconsistent definitions of what mindfulness actually is, and often void of a control group to rule out the placebo effect.Read the whole story: Scientific Americanlast_img read more

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Receptor that helps protect brain cells has important role in support cells for the retina

November 19, 2020
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first_imgShare on Facebook Share Pinterest Share on Twitter Emailcenter_img LinkedIn A receptor that is already a target for treating neurodegenerative disease also appears to play a key role in supporting the retina, scientists report.Without sigma 1 receptor, the Müller cells that support the retina can’t seem to control their own levels of destructive oxidative stress, and consequently can’t properly support the millions of specialized neurons that enable us to transform light into images, scientists report in the journal Free Radical Biology and Medicine.Without support, well-organized layers of retinal cells begin to disintegrate and vision is lost to diseases such as retinitis pigmentosa, diabetic retinopathy and glaucoma, said Dr. Sylvia Smith, retinal cell biologist and Chairwoman of the Department of Cellular Biology and Anatomy at the Medical College of Georgia at Georgia Regents University The surprising finding makes the sigma 1 receptor a logical treatment target for these typically progressive and blinding retinal diseases, said Smith, the study’s corresponding author. It has implications as well for other major diseases, such as cardiovascular disease and cancer as well as neurodegenerative disease, where oxidative stress plays a role.What most surprised the scientists was that simply removing sigma 1 receptor from Müller cells significantly increased levels of reactive oxygen species, or ROS, indicating the receptor’s direct role in the oxidative stress response, Smith said. They expected it would take them giving an oxidative stressor to increase ROS levels.So they looked further at the sigma 1 receptor knockouts compared with normal mice, and found significantly decreased expression in the knockouts of several, well-known antioxidant genes and their proteins. Further examination showed a change in the usual stress response.These genes that make natural antioxidants contain antioxidant response element, or ARE which, in the face of oxidative stress, gets activated by NRF2, a transcription factor that usually stays in the fluid part of the cell, or cytoplasm. NRF2 is considered one of the most important regulators of the expression of antioxidant molecules. Normally the protein KEAP1 keeps it essentially inactive in the cytoplasm until needed, then it moves to the cell nucleus where it can help mount a defense. “When you have oxidative stress, you want this,” Smith said of the stress response, which works the same throughout the body.Deleting the sigma receptor in the Müller cells altered the desired response: NRF2 expression decreased while KEAP1 expression increased. The unhealthy bottom line was that ROS levels increased as well.The study is believed to provide the first evidence of the direct impact of the sigma 1 receptor on the levels of NRF2 and KEAP1, the researchers write.“We think we are beginning to understand the mechanism by which sigma 1 receptor may work and it may work because of its action on releasing antioxidant genes,” Smith said.While the ubiquitous receptor was known to help protect neurons in the brain and eye, its impact on Müller cell function was previously unknown. The significant impact the MCG scientists have now found helps explain the dramatic change they documented after using pentazocine, a narcotic already used for pain relief, in animal models of both retinitis pigmentosa and diabetic retinopathy. Pentazocine, which binds to and activates the sigma 1 receptor, seems to preserve functional vision in these disease models by enabling many of the well-stratified layers of photoreceptor cells to survive.Next steps include clarifying whether it’s actually preservation or regeneration of the essential cell layers and how long the effect lasts. “We do see some retention of function, that is clear and that I am very excited about,” Smith said.Müller cells are major support cells for the retina, helping stabilize its complex, multi-layer structure, both horizontally and vertically; eliminating debris; and supporting the function and metabolism of its neurons and blood vessels. Typically bustling Müller cells can become even more activated when there is an insult to the eye, such as increased oxidative stress, and start forming scar tissue, which hinders rather than supports vision. Problems such as diabetes, can increase ROS levels.ROS are molecules produced through normal body function such as breathing and cells using energy. The body needs a limited amount of ROS to carry out additional functions, such as cell signaling. Problems, from eye disease to cancer, result when the body’s natural system for eliminating excess ROS can’t keep up and ROS start to do harm, such as cell destruction.Normally humans have about 125 million night-vision enabling rods intermingled with about 6 million cones that enable us to respond to light and see color.last_img read more

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PGA sets virtual 2021 awards show

October 8, 2020
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first_imgDubai’s META Cinema Forum to cover Africa for first hybrid event Source: PGAPGA logoThe Producers Guild of America (PGA) in the US has set March 24, 2021, as the date for its virtual 32nd Annual Awards Show. The eligibility period for theatrical films is January 1, 2020, to February 28, 2021. The period for “televised or streamed” films, as well as TV series and specials, is January 1, 2020, to December 31, 2020.The PGA will announce nominations for theatrical features and animated features, and televised or streamed films on March 12, 2021; and documentary features on February 11, 2021.“Amidst the changes happening all around us, our commitment to our members, and to uplifting the art and craft of producing, is steadfast,” said PGA presidents Gail Berman and Lucy Fisher.The Guild will share additional information about eligibility dates for the Innovation Award, as well as its annual PGA East and West Coast Celebrations of 2021 Producers Guild Awards nominees and producing teams, at a later date.Visit the PGA website for full details of submission deadlines.last_img read more

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DP World Delivers Strong 2013 Results

October 6, 2020
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first_imgGlobal marine terminal operator DP World today announced strong financial results from its global portfolio of marine terminals for the twelve months to 31 December 2013, delivering profit attributable to owners of the Company before separately disclosed items of $604 million, 26.6% ahead of last year on a like-for-like basis.“Our results reflect a very strong performance from those terminals which were operational within our portfolio for the duration of the year. Excluding acquisitions, disposals and monetisations, new capacity and currency fluctuations, revenue growth was 3.6%; adjusted EBITDA growth was 9.0%, our adjusted EBITDA margin rose to 47.6% and EPS was 26.6% ahead of last year,” DP World announced.DP World Group Chief Executive, Mohammed Sharaf commented: “We remain on track and on budget with respect to our 2012-2014 $3.7 billion capital expenditure programme. During 2013, we opened our new state of the art facility at London Gateway (UK) and Embraport (Brazil), while adding 1 million TEU of much needed new capacity in the UAE. We are encouraged by the performance of our new operations and in 2014 we look forward to adding further capacity at Jebel Ali (UAE) and Rotterdam (Netherlands). The opening of Jebel Ali’s Terminal 3 will add another 4 million TEU and take total capacity to 19 million TEU.”[mappress]Press Release, March 20, 2014last_img read more

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