Latest news with #NPF
Yahoo
15-07-2025
- Automotive
- Yahoo
National Park Foundation Receives $1.5 Million Donation From the 2024 Subaru Share the Love(R) Event
The automaker's 17th annual charitable initiative provides funding for critical support across the National Park System WASHINGTON, DC / / July 15, 2025 / The National Park Foundation (NPF) announced that Subaru of America, Inc. and its retailers have donated more than $1.5 million in support of national parks through the 2024 Share the Love® Event. This donation will help preserve and protect more than 400 parks across the country. This is the 12th consecutive year that NPF has partnered with Subaru as a Share the Love® Event national charity partner. Subaru is NPF's largest corporate partner and has donated nearly $65 million to NPF since 2013. During the 2024 Share the Love Event, Subaru and its retailers donated a minimum of $300 to charity for every new Subaru vehicle purchased or leased at participating Subaru retailers nationwide. The amount donated to NPF reflects how people everywhere connect through the shared joy of experiencing the outdoors together, creating lasting memories and giving back to national parks across the country. To learn more about the Subaru Share the Love Event, please visit ABOUT THE NATIONAL PARK FOUNDATION The National Park Foundation works to protect wildlife and park lands, preserve history and culture, educate and engage youth, and connect people everywhere to the wonder of parks. We do it in collaboration with the National Park Service, the park partner community, and with the generous support of donors, without whom our work would not be possible. Learn more at ABOUT SUBARU OF AMERICA, INC. Subaru of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube. View additional multimedia and more ESG storytelling from Subaru of America on Contact Info:Spokesperson: Subaru of AmericaWebsite: info@ SOURCE: Subaru of America View the original press release on ACCESS Newswire Sign in to access your portfolio
The National
14-07-2025
- Business
- The National
Would a Scottish sovereign wealth fund be possible after independence?
My answer was yes, but there are issues that need to be resolved before that would be possible. The first is the issue of ownership of Scotland's resources and assets. Norway successfully established its famous 'oil fund' based on its natural resources of oil and gas and it did so at an early stage. It could do that because the Norwegian state has the majority stake in the company which explores, extracts and distributes the oil and gas – Equinor, previously known as Statoil. The company was solely owned by the state until 2001 when it was partly privatised, with the state retaining a majority shareholding of 64%. READ MORE: Pat Kane: Scotland is heading back into a cycle of 'extraction without consent' Scotland is not in this position. Our energy sector – oil and gas, and renewables – is largely in foreign ownership, and this is unlikely to change before we achieve independence, especially given the Scottish Government's obsession with attracting foreign investment. This means the first hurdle is to embark on a transition of ownership and control into Scottish hands. We will need our own currency if the Scottish state is to acquire an initial and growing stake in companies operating in the energy sector and to also establish new state-owned entities. The issue of a sovereign wealth fund in the form of a Scottish 'oil fund' was important in the run-up to the 2014 independence referendum. My view at the time was that it was too late to create a substantial oil fund as it was apparent we would need to keep most of our oil in the ground if we had any hope of tackling the climate crisis. At that time, there were five times more known oil and gas reserves globally than could be 'burned' if we wished to keep global temperature rises to below 1.5C. Alex Salmond (above) reckoned then there was 40 years more oil in Scottish territory, so by implication Scotland had scope to exploit only eight years' worth, not long enough to build an 'oil fund'. My thoughts turned to the potential of consolidating the pension fund assets attributable to Scottish citizens. At present, total UK pension fund assets are valued in the region of £3 trillion. On a population share basis, Scots' pension fund assets are likely to be worth something like £250 billion. Is it possible to turn these assets into the equivalent of a sovereign wealth fund, while also creating a fund capable of providing earnings-related pensions to all Scottish citizens in the future? Such a fund would not be owned by the Scottish state so would not be a 'sovereign wealth fund' – it would be a national pension fund (NPF) owned by Scotland's citizens; a 'people's wealth fund'. It would give every citizen an indirect but important stake in the infrastructure and companies operating in Scotland and could, perhaps, be considered as a form of 'mutual capitalism'. The NPF could be established in law, in a similar way to how the UK's NEST pension scheme was established, with legal provisions for 'auto-enrolment', by the Pensions Act 2008. READ MORE: Mark Brown: Why I plan to join Scotland's new radical left party NEST is a 'collective defined contributions' pension scheme into which employers and workers pay contributions. It manages the investment of the funds and when members retire their pension is based on the total sum of their contributions and investment returns achieved over the years. The NPF could be designed as a national 'defined benefit' scheme by which members retire with a pension based on their earnings and the number of years working and paying contributions. The fund could begin with all new employees starting work after leaving full-time education, and their employers, paying compulsory contributions into the fund. It would grow rapidly because over the next 40 years no pensions would be drawn from the fund. If 70,000 new workers joined each year for 40 years, average annual earnings were £20,000, and the contribution rate was 15%, the fund would grow exponentially to a total of £172bn by year 40. That would be a substantial fund available for investment to support our economy, take back ownership and increase our productive capacity so that we could meet the needs of all our people. Once the NPF was established, existing workers could be offered the choice of transferring in their existing pension(s). This would be especially attractive for those whose second pension is a defined contributions pension, as joining the NPF would give them rights to a defined benefits pension. A NPF would give rise to a second form of public ownership: ownership by citizens.
Medscape
11-07-2025
- Health
- Medscape
Fast Five Quiz: Psoriasis Management
Effective management of psoriasis is paramount in mitigating symptoms and related comorbidities than can impact disease severity and quality of life. Although many treatment options are available, from topicals to systemic biologic and nonbiologic therapies, each therapy comes with its own advantages, disadvantages, and nuances. What do you know about the management of psoriasis? Check your knowledge with this quick quiz. The AAD-NPF recommend limiting the use of ultra-high dose or class 1 corticosteroids to no more than twice daily for up to 4 weeks. While generally safe, high-dose corticosteroids have been associated with adverse events such as skin atrophy, hypopigmentation, adrenal suppression, and Cushing syndrome. However, maintaining use within 4 weeks can minimize these risks. Exceptions to this duration can be made for patients who experience significant flare ups or when treating psoriasis in the palms and soles. Learn more about psoriasis treatments. Patients who are candidates for systemic therapy include those with BSA involvement over 10%, those involving special areas— such as the face, palms, soles, genitalia, nails, or scalp — and failure of topical therapy. This is also consistent with the latest AAD-NPF guidelines, which consider psoriasis to be severe if it impacts the face, hands, feet, scalp, or genitals regardless of BSA involvement and other data indicating that psoriasis lesions on the aforementioned locations is part of the criteria for 'inadequate psoriasis control.' Learn more about psoriasis severity. Biologic therapy can increase the risk of infections, and tuberculosis is especially associated with the use of TNFIs. As such, the AAD-NPF guidelines specifically recommend screening for latent tuberculosis before starting TNF inhibitor therapy in patients with psoriasis. Testing for other viruses, such as HIV, is suggested at the clinician's discretion and depending on patient risk factors. This is consistent with more current international consensuses. Among other biologic treatments, experts report a higher rate of herpes zoster in patients treated with JAK inhibitors rather than TNF inhibitors. After several years of data, biologic therapy does not seem to increase risk for COVID-19 infection; it, along with influenza, is generally not part of general screening in this setting. However, guidelines recommend patients with psoriasis treated with biologic therapy receive annual vaccinations for COVID-19 and influenza to prevent severe infection. Learn more about treatment complications in psoriasis. Joint AAD-NPF guidelines recommend 'proactive treatment' as a strategy for optimal topical psoriasis management to maintain remission, whereby topical treatments are applied twice weekly to previously affected areas. This is similar to a consensus statement from global experts in psoriasis management recommending once or twice weekly application for maintenance therapy after induction. Further, the AAD-NPF also notes that any topical treatment mentioned for use in their guidelines can be used for proactive management, including certain corticosteroids, calcineurin inhibitors, and vitamin D analogues, among several others. Learn more about long-term monitoring in psoriasis. Although biologic therapy can be continued through uncomplicated infections, the AAD-NPF states patients who develop febrile illness, especially when it requires antibiotic treatment, should temporarily discontinue biologics until it resolves. Similarly, biologics can be taken through low-risk surgeries, but the decision to continue biologic therapy through moderate- to high-risk surgery should be made on a case-by-case basis. Similarly, certain systemic nonbiologic therapies have different discontinuation requirements as well. Learn more about infection in psoriasis. Editor's Note: This article was created using several editorial tools, including generative AI models, as part of the process. Human review and editing of this content were performed prior to publication.
Sinar Daily
09-07-2025
- Business
- Sinar Daily
Online loans in Indonesia grow high in May
The risk profile of the financing company is maintained with a ratio of non-performing financing (NPF) gross recorded at 2.57 per cent and NPF net at 0.88 per cent. 09 Jul 2025 02:30pm This aerial picture shows skyscrapers in Jakarta's business district on April 14, 2025. (Photo by BAY ISMOYO / AFP) JAKARTA - Indonesia's Financial Services Authority (OJK) said on Tuesday that the financing in the online loan sector had been significantly growing, reaching 82.59 trillion rupiahs (US$5.08 billion) as of May this year, reported Xinhua. Meanwhile, the financing receivables of financing companies grew 2.83 per cent to 504.58 trillion rupiahs (US$31.03 billion) by May yearly, according to Agusman, OJK chief executive supervisor for financing institutions, venture capital companies, microfinance institutions, and other financial services institutions. This aerial picture shows housing before the skyline of the Jakarta business district on May 9, 2025. (Photo by BAY ISMOYO / AFP) "The risk profile of the financing company is maintained with a ratio of non-performing financing (NPF) gross recorded at 2.57 per cent and NPF net at 0.88 per cent. The gearing ratio of the financing company was recorded as 2.20 times or below the maximum limit of 10 times," Agusman said at a virtual press conference. The OJK also said that the number of buy now pay later (BNPL) banking service accounts reached 24.79 million, while the BNPL bank's debit and credit balance grew 25.41 per cent year-on-year to 21.89 trillion rupiahs (US$1.34 billion) as of May. "The pay-later banks continue to record high growth annually," said Agusman. - BERNAMA-XINHUA More Like This
The Star
08-07-2025
- Business
- The Star
Online loans in Indonesia grow high in May
JAKARTA, July 8 (Xinhua) -- Indonesia's Financial Services Authority (OJK) said on Tuesday that the financing in the online loan sector had been significantly growing, reaching 82.59 trillion rupiahs (5.08 billion U.S. dollars) as of May this year. Meanwhile, the financing receivables of financing companies grew 2.83 percent to 504.58 trillion rupiahs (31.03 billion dollars) by May on a yearly basis, according to Agusman, OJK chief executive supervisor for financing institutions, venture capital companies, microfinance institutions and other financial services institutions. "The risk profile of the financing company is maintained with a ratio of non-performing financing (NPF) gross recorded at 2.57 percent and NPF net at 0.88 percent. The gearing ratio of the financing company was recorded as 2.20 times or below the maximum limit of 10 times," Agusman said at a virtual press conference. The OJK also said that the number of buy now pay later (BNPL) banking service accounts reached 24.79 million, while the BNPL bank's debit credit balance grew 25.41 percent year-on-year to 21.89 trillion rupiahs (1.34 billion dollars) as of May. "The pay-later banks continue to record high growth annually," said Agusman.
