Alliance Trust reveals fund managers which will boost returns to shareholders

Alliance Trust reveals fund managers which will boost returns to shareholders Oliver Gill The UK’s largest investment trust has revealed the investment manager that will take charge of running the fund’s assets following a fund manager shake-up late last year.In December, Alliance Trust announced a series of changes that included dropping in-house manager ATI and selling it to asset manager Liontrust in a deal worth £30m. Share Monday 16 January 2017 3:53 pm We are confident that this new approach, and the managers selected, will meet our ambition and deliver for many more generations to come. Read more: Alliance Trust confirms merger approach from Jacob Rothschild’s RIT CapitalThe chief investment officer of WTW, Craig Baker will head up a team to responsible for selecting the fund managers. Historically, the investment trust has sought to outperform global share indices by one per cent. In light of the new investment structure, Alliance Trust has upped the ante and promised to deliver outperformance by two per cent. whatsapp The investment trust, also the oldest in the UK, said it wanted to simplify its investment structure and has appointed investment manager Willis Towers Watson (WTW) to select “best in class” fund managers.Read more: Liontrust tie-up with Alliance boosts assets by over a thirdWTW has selected eight equity managers, three of which are London based: Jupiter, River & Mercantile and Veritas to manage portions of the mammoth £3.3bn of assets Alliance Trust has under management.“Alliance Trust has provided investors with attractive returns and income through many generations. Our ambition is to ensure that it continues to do so, thereby remaining a core holding,” said Lord Smith of Kelvin, the chairman of Alliance Trust. He added: whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com read more

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Big banks shift just 1,000 jobs since Brexit vote

first_imgFriday 20 September 2019 12:58 pm Sebastian McCarthy by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factoryzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comMisterStoryWoman files for divorce after seeing this photoMisterStoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamabonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunNinjaJournalistMichael Jordan’s Divorce Settlement Has Finally Been Revealed.NinjaJournalist The volume of pronouncements from Financial Services firms on the operational impact of Brexit on their business fell significantly relative to previous quarters according to the EY Brexit Tracker. Of all the 222 firms tracked by the Brexit Tracker, just over 40 per cent (92 out of 222) have said publicly that they are considering moving or have confirmed that they are moving some of their operations and/or staff on account of Brexit. Thefigure represents 15 per cent of the total volume of investmentbanking staff currently marked for relocation to Europe from the UK.  Read more: Worldwide climate strikes set to start According to the accountancy giant, among the large investment banks monitored in its tracker under 1,000 jobs have already relocated to the continent. In September, the Reuters survey showed that 5,766 jobs would move if the UK left the EU without a deal, while 10,000 were anticipated in the first survey in September 2017. “Giventhat many companies had pulled out all the stops to be ready ahead ofthe March deadline, much of the planning of temporary solutions forstaff and operational moves has already been completed,” saidOmar Ali, UK financial services leader at EY. Three years ago consultancy group Oliver Wyman forecasted that roughly 3,500 jobs would be lost even if the UK retained close links to Europe, while a no-deal Brexit could result in as many as 75,000 jobs being lost. He added: “Financial services firms have the building blocks in place, but have so far transferred fewer staff and assets to the continent than expected.” Since Britain voted to leave the EU in 2016, 63 per cent (30 out of 48) of universal banks, investment banks and brokerages have said they are considering or have confirmed relocating operations and/or staff to Europe.   whatsapp whatsapp Share Big banks shift just 1,000 jobs since Brexit vote, EY reports Ofthese, 30 are universal banks, investment banks or brokerages; 31 areasset managers and 17 are insurers and insurance brokers. Sucha dropsuggests that firms inthe financial services sector pausedor slowed their Brexit preparations after the October extension datewas announced. Ali added: “Over the past three months, financial services have kept relatively quiet on the status of their Brexit plans. Given that many companies had pulled out all the stops to be ready ahead of the March deadline, much of the planning of temporary solutions for staff and operational moves has already been completed.” Read more: Brexit: UK submits non-papers to EU Just 1,000 jobs within the big banks have left the City since Brexit, a new report from EY has found. 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British prime minister says police have identified 3 attackers

first_imgNation & World | NPR News | Public SafetyBritish prime minister says police have identified 3 attackersJune 5, 2017 by Merrit Kennedy, NPR Share:British Prime Minister Theresa May said police have identified three attackers responsible for killing seven people and wounding dozens more in London on Saturday.“This was an attack on London and the United Kingdom, but it was also an attack on the free world,” May said.Police shot and killed the three attackers, and May said their identities would be released “when progress in the investigation permits.”“The police are working hard to establish the identity of all those who were tragically killed or injured in the event on Saturday night,” May added. “But it is now clear that, sadly, victims came from a number of nationalities.”She said the U.K.’s national threat level remained at severe on Monday, which “means that a terrorist attack is highly likely.”Metropolitan police say they have searched multiple locations and have detained “a number of people.”The Two-Way described how the attack unfolded on Saturday:“The attack began at about 10 p.m., local time, when a van crossing London Bridge veered into pedestrians, crashing outside the Barrowboy & Banker Pub. Witnesses told the BBC that van hit ‘five or six people,’ then the attackers exited the vehicle and pursued others in a ‘rampage’ in which hundreds ran for their lives. One witness said he saw a woman stabbed ’10 or 15 times’ by the men, who he said shouted, ‘This is for Allah.’“The men then ran down a set of stairs and began stabbing people at a number of different pubs and restaurants in Borough Market, a historic fruit and vegetable market. Witnesses said people threw chairs and pint glasses at the men, who wore what police said were fake explosive vests.”Three Metropolitan Police officers and one British Transport Police officer were injured during the attack, Met Police said in a statement Monday, and one of the officers is still in serious condition. The National Health Service told Reuters Monday that “a total of 36 … patients (are) currently being cared for in five London hospitals, and of these 18 remain in a critical condition.”ISIS said its “soldiers” carried out the attack. It made the claim in a statement published by its Amaq news agency.“Questions are arising as to how much the police knew about the three attackers,” NPR’s Eleanor Beardsley reports from London. “One of them had been reported to police because of his extremist views and may have previously been confronted by officers.”The first of the seven victims has been named, according to The Telegraph and other news outlets: 30-year-old Canadian Chrissy Archibald. They say Archibald was struck by the van driven by the attackers and died in her fiancé’s arms.Copyright 2017 NPR. To see more, visit http://www.npr.org/.Share this story:last_img read more

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Hedge funds adapt to new source of capital

The hedge fund industry has undergone significant change since the beginning of the financial crisis, resulting in the need to grow operational infrastructure and increase transparency, says a report by KPMG, and the Alternative Investment Management Association (AIMA). Prior to the crisis, the primary source of capital came from non-institutional investors such as high-net worth individuals and family businesses; however institutional investors are now the leading allocators to hedge funds. This change means hedge funds have had to adapt to the new source of capital, and the demands associated with institutional investors — namely the need for a more robust operational infrastructure and thorough terms of due diligence. Keywords Hedge funds,  Institutional investorsCompanies Alternative Investment Management Association Hedge fund managers discuss Covid-19 playbooks, interest rates institutional investors now represent a clear majority of all assets under management with 57% of assets under management in this category 84% of all respondents in the survey indicated that they had increased transparency to investors since 2008; the amount of time managers say they have spent handling due diligence inquiries from investors has doubled since 2008; hedge fund managers have significantly increased headcount to respond to regulatory compliance requirements (98% of respondents), and investor demand for transparency and due diligence; new money injected into the hedge fund industry since 2008 has come primarily from North America, Asia-Pacific and the Middle East, while allocations from the European Union have held steady, and those from Switzerland have declined. Richardson Wealth, Bloom Burton form healthcare sector–focused alliance Related news IE Staff The new report is the second of a two-part series by KPMG and AIMA on the state of the global hedge fund industry. The first report looked at hedge fund industry performance, risk and volatility. Global banks warn of possible losses from hedge fund default “The increased due diligence demands of institutional investors are certainly being felt by Canadian managers,” said Peter Hayes, partner, national director, alternative investments, KPMG. “That being said, the Canadian hedge fund market has always been heavily regulated and Canadian managers are well-positioned to meet the increased scrutiny from investors, regulators and others that many in the global hedge fund space are only just starting to experience.” The report is based on a survey and in-depth interviews of 150 hedge fund management firms globally with more than US$500 billion in assets under management. The report found that: Facebook LinkedIn Twitter Share this article and your comments with peers on social media read more

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Marshall Government’s landmark changes to motorcycle Graduated Licensing Scheme gain traction

first_imgMarshall Government’s landmark changes to motorcycle Graduated Licensing Scheme gain traction Crucial legislation – the Motor Vehicles (Motor Bike Driver Licensing) Amendment Bill 2020 – to protect SA’s most vulnerable road users and prevent further lives lost has passed the House of Assembly.The new laws, now set to be debated in the Legislative Council, will reform the motorcycle Graduated Licensing Scheme by raising the minimum age for a learner’s permit and R-Date licence (comparable to a provisional driver’s licence) by two years.Road Safety Minister Vincent Tarzia said he hoped to see the Marshall Liberal Government’s important Bill progress quickly through the Legislative Council with full support from all parties.“The Marshall Government wants to see this Bill pass Parliament as soon as possible to save lives,” Minister Tarzia said.“Tragically we have lost five motorcyclist lives on our roads this year. That is five too many.“These incidents have horrific impacts on the family and friends of victims, our first responders who attend the crash sites and other road users.“This reform has been carefully considered, based on recommendations from an expert report provided by the Centre for Automotive Safety Research (CASR). It is strengthened by input from key road safety stakeholders, motorcycle groups and industry representatives.“We had to be sure the Bill struck the right balance and, most importantly, was going to make a difference for the young riders whose lives it will impact and save.”LEARNER’S PERMITMinimum age:Increase from 16 to 18.17 if holding a provisional car licence.16 if living in regional SA and travelling for education, work or sport.Restrictions:Zero alcohol.No passengers.Prohibited from towing.No riding between midnight and 5am if under 25.Restricted to motorcycle with automatic transmission only if tested on one.Period on learner’s permit:Minimum 12 months in all circumstances.R-DATE LICENCE CLASSIFICATIONMinimum age:Increase from 17 to 19.Restrictions:Zero alcohol.Restricted to motorcycle with automatic transmission only if tested on one.Period on an R-Date classification:2 years.R LICENCE CLASSIFICATIONMinimum age:Increase from 18 to 21.Restrictions:Restricted to motorcycle with automatic transmission only if tested on one. /Public News. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Alcohol, amendment, Assembly, AusPol, Automotive, council, education, Government, industry, legislation, licence, Minister, motorcycle, parliament, research, road safety, SA, SA Government, South Australialast_img read more

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India Post releases special cover to commemorate 50 years of Sightsavers in India

first_img By EH News Bureau on August 31, 2016 On the mission to eliminate avoidable blindness Sightsavers conducted five million eye operations in last 50 yearsSightsavers, a global development organisation working in more than 30 countries with a mission to eliminate avoidable blindness and support people with visual impairments, recently commemorated its 50 years of successful achievements in India. Started by Sir John Wilson, Sightsavers came to India in 1966 and this year marks the 50th anniversary of the organisation.The golden jubilee gala celebration of the centre was graced by actor and director, Kabir Bedi, Secretary Tribal Affairs, Dr Shyam Agarwal, Chief Postmaster General, Delhi Circle India Post, LN Sharma, CEO, Sightsavers International, Dr Caroline Harper (CBE), CEO, Sightsavers India, RN Mohanty, Honorary Chair of Sightsavers India, Dr SY Quraishi along with other dignitaries, partners, corporates, volunteers, members and beneficiaries of Sightsavers and stakeholders.Marking the achievements of Sightsavers in India, Dr Agarwal released “Vision of Hope” – A Special Publication on 50 Years of the organisation in the country. The event also witnessed the unveiling of 50 Year History Wall by Bedi. Setting benchmarks for health services in the country and partnering with leading organisations in major states, Sightsavers is working towards eliminating avoidable blindness and rehabilitation of people with visual impairment.Dr Agarwal said, “It was only because of Sightsavers’ great efforts and advocacy that India became the first ever country to have the National Programme for Control of Blindness (NPCB).”The organisation has conducted more than five million eye operations, reached out to 55 million people with potential eye problems and as a result conducted 36.4 million eye treatments. The organisation has also trained 15,796 teachers on classroom support to the visually impaired in the year 2015-16 and operates in about 100 districts in various states across the country. Sightsavers is functioning in about 100 districts of the country covering major tribal belts where the beneficiaries are tribal population.EH News Bureau MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Phoenix Business Consulting invests in telehealth platform Healpha Share WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals News center_img Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app India Post releases special cover to commemorate 50 years of Sightsavers in India Read Article The missing informal workers in India’s vaccine story Menopause to become the next game-changer in global femtech solutions industry by 2025 Related Postslast_img read more

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Jamaica’s Flag to be raised at UN Headquarters on Tuesday

first_imgAdvertisements FacebookTwitterWhatsAppEmail A flag raising ceremony, to mark Jamaica’s 50th anniversary as a member of the United Nations (UN), will be held on Tuesday, September 18 at the organisation’s New York headquarters.   The event, which gets underway at 11:00 a.m., will be attended by the President of the General Assembly, New York State and City officials who are Jamaican, either by birth or descent, Ambassadors including those of countries that co-sponsored the General Assembly resolution providing for Jamaica’s admission, and other dignitaries. Jamaica became a member of the world body of nations on September 18, 1962. Fourteen countries co-sponsored General Assembly resolution 1750 (XVII) entitled: ‘Admission of Jamaica to membership of the United Nations’.They areAustralia, Canada, Ceylon (Democratic Socialist Republic of Sri Lanka), Cyprus, Ethiopia, Malaya (Malaysia), Ghana, India, New Zealand, Nigeria, Pakistan, Sierra Leone, Tanganyika (United Republic of Tanzania), and the United Kingdom. In reflecting on Jamaica’s 50 years of membership, the country’s Ambassador to the UN, His Excellency Raymond O. Wolfe, noted that along with other members of the global community, Jamaica seeks to bring renewed attention to the most pressing challenges facing the world today, including the impact of the global financial crisis, climate change, human rights, and sustainable development. Over the past 50 years, Jamaica has served on a number of influential bodies within the UN system, including the Security Council.  As a responsible member of the global community, Jamaica has spearheaded debates on critical issues of international concern, such as the empowerment of women, human rights, non-communicable diseases, racial discrimination, and the abolition of slavery. In this regard, Jamaica, along with partners from Africa and the Caribbean Community (CARICOM), is currently leading an initiative to erect a permanent memorial at the UN in honour of the victims of slavery and the transatlantic slave trade. RelatedJamaica’s Flag to be raised at UN Headquarters on Tuesday Jamaica’s Flag to be raised at UN Headquarters on Tuesday Foreign AffairsSeptember 15, 2012center_img RelatedJamaica’s Flag to be raised at UN Headquarters on Tuesday RelatedJamaica’s Flag to be raised at UN Headquarters on Tuesdaylast_img read more

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Montana Environmental Group Sues Over Washington Fire Lookout

first_img Email DARRINGTON – A Montana environmental group is suing the U.S. Forest Service over the construction of a new fire lookout in the Glacier Peak Wilderness Area northeast of Seattle.The group, Wilderness Watch, claims in the federal lawsuit that the Forest Service violated the National Environmental Policy Act when it built the new $50,000 lookout on Green Mountain in 2009. The building replaced a lookout built in the 1930s and long used for wilderness management and as a rest stop for hikers.Wilderness Watch says the Forest Service didn’t study the environmental consequences before building the new lookout, and the use of a helicopter and power tools in the construction also violated the act. It wants the structure removed.“It’s supposed to be free of structures, free of motor vehicle use,” said the group’s executive director, George Nickas. “Everybody wants it their way. The hikers don’t want the loggers or the miners or the off-road vehicle folks. You can’t expect your pet use to be OK, when the Wilderness Act is designed for us to step back and let it truly be a wild place.”The Herald newspaper of Everett reports that the lawsuit has angered hiking groups in the region. They promote the history of fire lookouts in the region and believe the buildings help people appreciate the wilderness.Forest Service personnel declined to comment, but longtime Glacier Peak Wilderness volunteers Mike and Ruth Hardy of south King County told the newspaper that the lawsuit threatens the work of those trying to preserve the history of the iconic fire lookouts. Scott Morris, a member of the Darrington Historical Society, agreed.“I could sympathize with Wilderness Watch if every mountain in the Glacier Peak Wilderness were somehow threatened,” Morris said. “The purist zealotry of this group is going to harm appreciation of the wilderness. Shall we not walk in the wilderness anymore?”Darrington Ranger District wilderness and trails coordinator Gary Paull said the Green Mountain Lookout is used by paid staff and volunteers to manage the wilderness. The lookout has not been formally used for fire detection since the late 1980s, but volunteers often are able to report lightning strikes from the lookout.Green Mountain has been a radio-relay position for restoration crews working to repair trails in the national forest. Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox.last_img read more

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Main Evening News, Sport, Nuacht and Obituaries Friday January 25th

first_img Google+ Facebook News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR Harps come back to win in Waterford AudioHomepage BannerNewsPlayback DL Debate – 24/05/21 Pinterest FT Report: Derry City 2 St Pats 2 Main Evening News, Sport, Nuacht and Obituaries Friday January 25th Twitter Previous articleBirdstown water main rehabilitation project to commence on MondayNext articleEmergency services at scene of crash on Pearse Road News Highland center_img Pinterest Important message for people attending LUH’s INR clinic Twitter Main Evening News, Sport, Nuacht and Obituaries Friday January 25th:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/01/17news-1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. By News Highland – January 25, 2019 WhatsApp Facebook WhatsApp Google+ Derry draw with Pats: Higgins & Thomson Reaction last_img read more

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Summer University for Young Professionals 2018

first_img Five Reasons to Study at the University of Tartu, Estonia ← #YouthTrail2018: Promoting OSCE Values among Youth Deadline: 25 May 2018Open to: students and young professionals aged 22-35Venue: 7- 13 July 2018, Banská Bystrica, SlovakiaDescriptionThe Summer University for Young Professionals is a week-long summer school tailored for early-career professionals from ministries of foreign affairs and defense, academic institutions, NGO’s and media, and students of the final years of university. It is an interactive forum consisting of lectures by Slovak and international experts, workshops, and informed discussions about the contemporary European and international security challenges. Goal is to contribute to professional development of young leaders in the field of security policy and international relations from the Central and Eastern Europe, Baltics, Balkans and Eastern Partnership countries by providing them with up-to-date knowledge and analysis on the most relevant issues of the European and Transatlantic security environment.The main goal of the program is to learn ins and outs of crafting regional security assessment to key stakeholders and decision-makers covering different topics. The participants will be split into six groups, each of which will have to write a policy paper on one of the suggested areas:Baltics: Small states deterrence strategies;V4: Prospects of illiberal democracies and neo-authoritarianism;Ukraine: Hybrid threats within;V4: Disinformation and counterreactions;Western Balkans: Ethnic divisions and irredentism;Contested territories and frozen conflicts in the European Neighbourhood.The program will be divided into two main parts, consisting of lectures and workshops, with equal time-share between them. The first part will consist of introductory lectures with a general presentation on a given topic so that everyone can benefit from the program. The lectures will include, but are not limited to:Energy security;Russian/Chinese foreign policy thinking;Securitisation or Extremism;NATO’s Adaptation to a New Security Environment;Contemporary Paramilitarism in Central Europe.These lectures will be given by an international team of decision-makers, policy experts and academics.The second part of the program will cover methodological workshops. The participants will be practically engaged in topics such as policy paper writing, effective research or they will be group-discussing their regional security assessments’ drafts under the supervision of workshop leaders.EligibilityYoung professionals in international relations and security, mainly from ministries of foreign affairs and defence, academic institutions, NGO’s and media;Students of the final years of university and early-career professionals;Working knowledge of English;Applicants from Slovakia, Czech Republic, Poland, Hungary, Estonia, Latvia, Lithuania, Ukraine, Moldova, Romania, Bulgaria, Serbia, Macedonia, Albania, Kosovo, Montenegro, Bosnia, Croatia, Slovenia, Turkey, Georgia, Armenia, and Azerbaijan;Experience in international relations and security.CostThe fee (150 EUR) fully covers accommodation, local transport and three meals per day. The organizers will be able to cover half of the travel costs to Banska Bystrica up to 100 EUR. Successful applicants will be contacted with specific information.How to Apply?Fill the application form.For more information please visit the official website. Similar Stories Tweet Rethink.CEE Fellowship for policy experts and civil society practitioners from Central and Eastern Europe CLAYSS online courses to promote the expansion of Service-Learning Pocket Summer University for Young Professionals 2018 +1 Reddit May 11, 2018 Published by Ivona Share 0 LinkedIn 0 Balkan Hackathon Challenge 2018 →last_img read more

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