Celebrity chancellors under threat

first_imgGovernment ministers have been urged to encourage the replacement of celebrity university chancellors with professional fundraisers. The initiative is a result of new recommendations from the Government’s task force on student endowments, which states that chancellors should be paid, providing they spend several days a week raising money for their university. The Government is desperate for British universities to emulate their American counterparts by becoming effective fundraisers. Chris Patten, the current Oxford Chancellor, who spends the majority of his time working at the European Commission, is unlikely to see his job change despite the proposals. Then right to vote in the election for the life-long post of Oxford Chancellor is extended to Oxford graduates only, meaning the Government has no say in the matter. A University spokeswoman informed Cherwell, “It is unrealistic for a university to tie its Chancellor down to two or three days a week fundraising. Currently money is raised through a University bursary initiative which gives sufficient help to poorer students.”ARCHIVE: 2nd week TT 2004last_img read more

Brentwood Trio Nabbed for North Lindenhurst Home Invasion

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York From left: Yamil Miesesulerio, Jeffrey Artiles and Jonathan SanchezThree Brentwood men have been arrested for an armed home invasion in North Lindenhurst on Sunday night, Suffolk County police said.The three men, one armed with a handgun, forced their way into a house on Feustal Street where they stole cash and cell phones from a resident and the victim’s friend at 10:30 p.m., police said.The assailants fled on foot but were apprehended by a K-9 officer shortly later. Neither victim was injured.Charged with burglary and robbery were 18-year-old Jeffrey Artiles, 24-year-old Yamil Miesesulerio and 26-year-old Jonathan Sanchez. Artiles was additionally charged with criminal possession of a weapon.All three were scheduled to be arraigned Monday at First District Court in Central Islip.last_img read more

PREMIUMErick Thohir asks SOEs to issue global bonds to help shore up flagging rupiah

first_imgThe State-Owned Enterprises (SOEs) Ministry has asked large state-owned companies to issue bonds to help shore up the flagging rupiah, which has dropped sharply in recent days  amid growing fears over the worsening of the economic outlook due to the COVID-19 pandemic.Minister Erick Thohir said he had asked several state-owned firms with good ratings, such as Bank Mandiri and Bank Rakyat Indonesia (BRI), to seek funding through bond issuance to help strengthen the rupiah, which had sharply dropped in recent weeks amid worsening economic outlook. “We only instructed state-owned firms with good ratings like Bank Mandiri, Bank Rakyat Indonesia [BRI] and Pertamina to issue the bonds,” he said during a teleconference with the media, without detailing the currency of the bonds.The bonds issued by large local companies, especially major state-owned companies, us… Linkedin Topics : Indonesia SOEs erick-thohir bond-issuance rupiah-depreciation bank-mandiri Bank-Rakyat-Indonesia pertamina Facebook Google LOG INDon’t have an account? Register here Forgot Password ? Log in with your social accountlast_img read more