LSE sees equities traded surge by 12 per cent

first_img More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com LSE sees equities traded surge by 12 per cent whatsapp Wednesday 29 September 2010 4:27 am Share whatsappcenter_img John Dunne by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Tags: NULL Show Comments ▼ London Stock Exchange said the value of equities traded was up 12 per cent on the year, maintaining market share in its key business, but volumes declined in the second quarter.The LSE was boosted by its Italian subsidiary Borsa Italiana, which saw traded equities rise by 20 per cent.Average daily value traded for the five month period was £5bn, but fell to £4.2bn a day in the second quarter to date.“Actions taken to improve UK equities trading are taking effect, with share of trading resilient in the past few months,” said chief executive Xavier Rolet in a statement.The LSE said its share of total UK cash equities had been broadly stable over the period at 57.6 per cent.The exchange’s alternative trading platform Turquoise was stable over the period with 3.2 per cent market share in Europe but became the largest in so-called dark pool trading.The LSE became a majority owner of Turquoise in December in an attempt to address a chink in its business model. last_img read more

Pennsylvania to hold new slot license auction

first_img Regions: US Pennsylvania The Pennsylvania Gaming Control Board (PGCB) will hold an action on 2 September for a Category 4 Slot Machine Licence. Tags: Slot Machines 9th July 2020 | By Daniel O’Boyle Email Address Pennsylvania to hold new slot license auction Topics: Casino & games Legal & compliance Slots he Pennsylvania Gaming Control Board (PGCB) will hold an action on 2 September for a Category 4 Slot Machine Licence.A category 4 licence would allow the licensee to operate between 300 and 750 slot machines.Any entity “with an ownership interest in a slot machine licence” may participate, by submitting a location – a circle with 15 mile radius – in which they would operate.The center point of this circle may not be located within 40 linear miles of any existing or planned Category 1, 2, 3 or 4.Read more on iGB North America. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games Subscribe to the iGaming newsletterlast_img read more

Grit Real Estate Income Group Limited (DEL.mu) Q12017 Interim Report

first_imgGrit Real Estate Income Group Limited (DEL.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2017 interim results for the first quarter.For more information about Grit Real Estate Income Group Limited (DEL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Grit Real Estate Income Group Limited (DEL.mu) company page on AfricanFinancials.Document: Grit Real Estate Income Group Limited (DEL.mu)  2017 interim results for the first quarter.Company ProfileGrit Real Estate Income Group Limited is a property investment company that is particularly interested in African real estate assets. The company mainly deals with US dollar and Euro denominated medium to long term leases with high quality global graded tenants. Grit Real Estate Income Group Limited also operates in Morocco. Mozambique, Mauritius, Kenya and Zambia. Grit Real Estate Income Group Limited has a primary listing on the Johannesburg Stock Exchange, and a secondary listing on the Stock Exchange of Mauritius.last_img read more

Will the Rolls-Royce share price ever get back to 200p?

first_img Enter Your Email Address Simply click below to discover how you can take advantage of this. Image source: Rolls-Royce plc Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. 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. Our 6 ‘Best Buys Now’ Shares Get the full details on this £5 stock now – while your report is free. Jonathan Smith | Tuesday, 8th June, 2021 | More on: RR center_img jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Will the Rolls-Royce share price ever get back to 200p? If I look at a list of the most volatile stocks of 2020, Rolls-Royce (LSE:RR) would definitely be on it. From trading at highs just below 700p in February, it traded well below 100p in October. Yet so far in 2021, it has been a completely different story for the Rolls-Royce share price. It has been anchored around the 100p level for several months now. With a lack of any meaningful move higher, will the shares ever break back towards 200p?Last year versus nowIt’s important to differentiate between this year and last year when analysing the Rolls-Royce share price. The crash and volatility seen in 2020 was because of investors processing a lot of news about the company.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…It quickly became apparent that with global lockdowns, commercial aviation was going to take a hit. People simply would be unable to travel abroad, meaning passenger flying miles would decrease. This meant less maintenance and new engines were required from Rolls-Royce. Even though other areas of the business (such as defence) didn’t suffer as badly, the size of the aviation arm of the company meant that the Rolls-Royce share price fell considerably by the end of Q1. The volatility for the rest of the year mirrored the state of the pandemic.Past performance doesn’t perfectly predict future returns, but it does give me some clues. Given that the volatility last year was due to concern by investors, the calm of the past few months tells me that investors are now more neutral.A catalyst for the Rolls-Royce share price?Neutral isn’t really what I’d want though if I held shares in Rolls-Royce right now. I’d be wanting to see it moving higher and trying to head back to 200p or above. The low price today could be a buying opportunity for me, of course. But right now, I don’t have enough information on where the price might go next to warrant me buying the shares, despite that low price. From one angle, the next move could be higher given the fact that the Rolls-Royce share price has consolidated at current levels for a sustained period. This is a change from the falling price seen for much of 2020. The fact that the price has stopped falling, and is steady, does offer some positivity.From my point of view, to break higher I’d need to see a catalyst. For example, if summer overseas travel restrictions were lifted in the UK, I’d expect the share price to jump. Ultimately, any sign that airline operators will be increasing flights should be positive for Rolls-Royce.Aside from external news like the above, the internal health of the company could drive the Rolls-Royce share price higher. The half-year 2021 results are due out in the first week of August.If cost-cutting measures are on track to save the £1.3bn+ in annual cost savings targeted by the end of 2022, this would be a lift for the shares. More clarity on the restructure (lower capital spend in commercial aviation and more into power systems and defence) could also help.I think the current range around 100p could continue until we get more news out about summer travel plans and half-year results. If both sets of news are positive, then I think momentum could carry the shares to 200p by year end. FREE REPORT: Why this £5 stock could be set to surge 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. See all posts by Jonathan Smithlast_img read more

Stand Up to Cancer announces BT as lead sponsor

first_img Melanie May | 27 September 2016 | News BT is the new lead sponsor of Cancer Research UK’s and Channel 4’s national fundraising campaign, Stand Up to Cancer.BT has previously been a partner of the event since its 2012 launch. This year, its employees are taking part in a range of fundraising and volunteering initiatives throughout September and October and will also be supporting a nationwide bucket collection on October 21st.BT will also be sponsoring a celebrity special of the adventure game show The Crystal Maze, and one of the BT Sport presenters will appear in the live show on Channel 4 on October 21, while on 22nd October, Stand Up To Cancer stars will be appearing on the BT Sport channel throughout the day.In addition, on the night of the live show, BT Tower and three BT call centres will be providing the technology, network management and volunteers to enable donations from the public, while BT will also be raising money through BT’s online fundraising service, MyDonate.Frances Milner, executive director of philanthropy & partnerships, said:“BT has been a crucial partner of Stand Up To Cancer since its UK launch in 2012, so we are delighted that BT is extending and increasing its support in 2016. Together with BT we can look forward to raising more funds which will go directly to vital research to accelerate new cancer treatments and tests, and ultimately help save more lives.”  123 total views,  1 views today Advertisement Tagged with: BT MyDonate Cancer Research UK fundraising events sponsorship 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. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis11  124 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis11 Stand Up to Cancer announces BT as lead sponsorlast_img read more

New York City gala celebrates women laundry workers

first_imgJuana (left) presents award to Ricarda, Oct. 4.The Laundry Workers Center held a fundraising gala at St. Peter’s Church in Manhattan on Oct. 4.  The center’s political philosophy “is rooted in organizing workers and building their leadership skills and political power through a variety of worker-led tools and tactics, including taking direct action at the workplace, serving as their own voice to media outlets, speaking out as members of the community, and acting as their own advocates at the negotiation table.” (laundryworkerscenter.org/our-mission)The theme of the gala was “Sin Fronteras! Without Borders — Celebrating the Victories of Women Laundry Workers.” The event raised awareness and funds for the important ongoing work of the LWC in organizing low-wage, predominantly im/migrant, workers. These workers are forced to endure higher incidence of wage theft, intolerable working conditions and sexual abuse. The LWC has been in the forefront of organizing and defending the workers, many of whom — especially the women — come without a voice but with solidarity on the job and in the streets and soon become organizers themselves.  One such person is Ricarda, who was born in Guerrero, Mexico, and migrated to the U.S. at the age of 26.  Ricarda has worked for 15 years at the Sunshine Shirt Laundry Center in Bay Ridge, Brooklyn. She launched her first campaign as a LWC organizer in February.  During the gala, a video was shown of Ricarda presenting grievances to her boss on the job, with other LWC members there to support her. Ricarda received a plaque of recognition from the LWC. Jeanne Mirer, a labor lawyer, received an Immigrant Rights Defender award from the LWC.Rosanna Rodriguez, LWC co-executive director, reviewed the important work of the LWC over the past year.  Advances included winning $220,000 in back pay for workers; initiating an anti-wage theft bill; helping to raise the minimum wage in New Jersey; and working with FIRE (Fight for Im/migrants and Refugees Everywhere) to get Greyhound to stop collaborating with ICE as it targets immigrants on its buses for arrest and deportation.Cultural performances at the gala were provided by the Villalobos Brothers and Mimi Berkova.For more information on the LWC and how you can support the organization, go to laundryworkerscenter.org and facebook.com/lwc.org.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Two reporters banned from covering Polisario Front chief’s funeral

first_img Help by sharing this information May 18, 2021 Find out more Algeria : Reporter jailed after covering Tuareg protests in southern Algeria May 12, 2021 Find out more Organisation Algeria pressures reporters by delaying renewal of accreditation Reporters Without Borders (RSF) condemns the decision by the Algerian authorities today (3 June) to prevent two newspaper reporters from flying to Tindouf (1,500 km southwest of Algiers) to cover Polisario Front leader Mohamed Abdelaziz’s funeral. Harassment of Algerian reporters intensifies in run-up to parliamentary elections Follow the news on Algeria to go further News News AlgeriaMiddle East – North Africa Condemning abuses Freedom of expression AlgeriaMiddle East – North Africa Condemning abuses Freedom of expression June 30, 2016 Two reporters banned from covering Polisario Front chief’s funeral El Watan reporter Rbaha Beldjena and El Khabar reporter Lahcèn Bourbia were turned away at Houari Boumedienne Airport in Algiers although other journalists were allowed to fly to Tindouf to cover the event. Beldjena and Bourbia were referred to the prime minister’s office when they asked the reason for the ban. But no questions would be addressed to the prime minister’s office because today is a Friday and all government departments close on Friday in Algeria. “Banning El Watan and El Khabar journalists from flying to Tindouf to cover the Polisario Front leader’s funeral is extremely worrying,” said Yasmine Kacha, the head of RSF’s North Africa desk. “Furthermore, this incident comes just two day after RSF met with communication minister Hamid Grine, who gave assurances that he would do what was necessary to ensure that freedom of information is respected in Algeria.” At the meeting in Algiers on 1 June, RSF told the communication minister what action it thought should be taken to end harassment of the Algerian media. Algeria is ranked 129th out of 180 countries in RSF’s 2016 World Press Freedom Index. News RSF_en News Receive email alerts April 29, 2021 Find out morelast_img read more

Governor Could Issue Sweeping Stay-At-Home Order, Forcing Pasadena Businesses to Close

first_img Subscribe Your email address will not be published. Required fields are marked * This could change everything.With coronavirus cases surging statewide and hospital beds expected to fill rapidly, Gov. Gavin Newsom said Monday a sweeping stay-at-home order could soon be imposed in the vast majority of California cities in hopes of preventing the healthcare system from being overrun.The move could force Pasadena to close local restaurants that were allowed to stay open for outdoor dining despite an order by Los Angeles County to close restaurants for everything but takeout.Although Pasadena has its own health department, which allows the city to keep restaurants open, the city must comply with state health orders.“We recognize it’s a day by day assessment and we’ll modify our health orders accordingly with the understanding that the state orders supersede our city orders,” said Pasadena Public Information Officer Lisa Derderian.Pasadena moved to a strong enforcement status, shutting down restaurants that failed to comply with health orders, and ending large gatherings.This past weekend seven restaurants were closed. Three were allowed to reopen after hearings on Saturday. By Monday, all of the restaurants were once again open.Nine more of the state’s 58 counties have been moved intothe most restrictive “purple” tier of the state’s COVID-19 monitoring system, meaning 51 counties are now in that tier.And those counties would be the ones likely subjected to a stay-at-home order reminiscent of the restrictions thatwere imposed at the onset of the pandemic, he said. All of Southern California is in the “purple” tier.“The red flags are flying in terms of the trajectory in ourprojections of (case and hospitalization) growth,” Newsom said. “ … If these trends continue we’re going to have to take much more dramatic, arguably drastic action, including taking a look at those purple tier counties.”Newsom said those actions include “the potential for a stay-at-home order for those regions in purple.”The action follows what Newsom called an 89 percent increase in hospitalizations statewide over the past 14 days and projections that the number of hospitalizations could double or triple within a month, based on the surging case numbers over the past two weeks.The state projects that 78 percent of hospital beds will be filled by Christmas Eve, and all currently available intensive care unit beds will be occupied by mid-December.“We’re now looking in real time at hospitalization numbers and ICU capacity in those regions,” he said. “We are assessing this in real time over the next day or two to make determinations of deep purple moves in those purple tier status (counties) that is more equivalent, more in line with the stay-at-home order that folks were familiar with at the beginning of this year, withmodifications in terms of the work that we are currently doing.”Newsom noted that all hospitals have the ability to increase bedcapacity, and the state has 11 surge facilities planned statewide that can add nearly 1,900 beds. But providing staffing for all of those beds could be an issue, he said.Dr. Mark Ghaly, the state’s Health and Human Services Secretary, noted that since hospital numbers tend to rise about two weeks later than cases are confirmed, the impact of the infection surge over the past two weeks has not even begun to impact the already elevated hospitalization numbers.Ghaly said everything is on the table in terms of confronting thesurge, including a possible stay-at-home order.“Everything is on the table in considering how we effectively guide the state through this and working with our local partners to make sure what we do is both impactful and as time-limited as possible,” Ghaly said.“We know this is hard for all Californians, and (we are) making sure that we choose something that will make a difference but that we can track that difference and give people some confidence that we will only do it as long as we need to to bring the hospitals into a situation that they can handle the incoming patient numbers and provide high-quality care in a way that protects our health care workforce as well,” he said. Community News Community News Governor Could Issue Sweeping Stay-At-Home Order, Forcing Pasadena Businesses to Close Although Pasadena has its own health department, the city must comply with state health orders CITY NEWS SERVICE Published on Monday, November 30, 2020 | 2:59 pm Make a comment More Cool Stuff Name (required)  Mail (required) (not be published)  Website  faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes 17 recommended0 commentsShareShareTweetSharePin it Top of the News center_img Community News Business News CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Herbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeauty10 Special Beauty Tips That Make Indian Women So BeautifulHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyPretty Or Not: 5 Things You Didn’t Know About BeautyHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeauty STAFF REPORT First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Limerick Youth Service receives special award

first_imgNewsCommunityEducationLimerick Youth Service receives special awardBy Editor – March 11, 2017 1266 WhatsApp Facebook TAGSLimerick Youth Service Community Training CentreMinister for Education Richard Bruton Pictured at a special ruby anniversary awards event in the Printworks Room of Dublin Castle celebrating 40 years of Community Training Centres (CTCs) nationwide. Each centre was presented with a specially-commissioned plaque by the Minister for Education and Skills, Richard Bruton TD to commemorate their achievements on behalf of young people. During that time, CTCs have provided over 100,000 learners with the opportunity of second-chance education in making the transition to work or further education, and achieving their dreams. Funded by SOLAS through local Education and Training Boards (ETBs), CTCs are also supported at national level by the Irish Association of Community Training Organisations (IACTO). For more information about the nearest CTC, contact the local area ETB or visit www.iacto.iePicture by Shane O’Neill Photography.Guss O’Connell, Chair IACTO, Julian Lynch, staff member, and James Connery, Manager, Limerick Youth Service Community Training Centre, and Minister for Education and Skills, Richard Bruton TD.Limerick Youth Service Community Training Centre has received a specially-commissioned award from the Minister for Education for its achievements on behalf of young people.For the past four decades, Community Training Centres nationwide have been providing second-chance education to early school leavers, with over 100,000 young people supported in making the transition to work or further education.Sign up for the weekly Limerick Post newsletter Sign Up Fiona O’Grady, Chair of Limerick Youth Service Community Training Centre, said,”From the beginning, Community Training Centres had, in general, three significant characteristics which they still retain today. Firstly, we are firmly rooted in our local community. Secondly, programmes are based on experiential learning with recognised qualifications. Thirdly, and perhaps most importantly, the programme is focused on individual learner needs.”“For many young people, when they first came through our doors they had reached a point where life’s possibilities had seemed out of reach. Some had come to feel excluded from areas of life that give us all a sense of meaning and belonging, both in our communities and in the workplace. It has been our greatest honour to be able to support so many young people in developing their skills and nurturing their talents in order to reach their full potential.””Commenting on the 40th anniversary celebrations of Community Training Centres across the country, the Minister for Education and Skills, Richard Bruton TD, said: “Returning to education and supporting lifelong learning are a key priority for this Government and over the lifetime of the National Skills Strategy to 2025 we aim to more than double current participation rates. For an early school leaver, the decision to return to education in a Community Training Centre offers a life-changing opportunity to re-engage in learning, to develop personal and in-demand skills, and to progress to further and higher education and to rewarding career opportunities.” Twitter Advertisement Linkedin RELATED ARTICLESMORE FROM AUTHOR Irish students receive opportunity to learn more about health Email Limerick Youth Service’s community training centre to hold open day Mary Immaculate College selected to provide new innovative postgraduate programme Previous articleLimerick FC battle bravely in defeat to Dundalk – by David ByrneNext articleTeddy Bear Hospital teaches kids about medicine Editor Printlast_img read more

New US pre-clearance deal opens up Shannon to private jet owners

first_imgNewsBusinessNew US pre-clearance deal opens up Shannon to private jet ownersBy Staff Reporter – March 13, 2019 1108 The US pre-clearance facility at Shannon Airport.SHANNON airport could soon become a stopping off point for some of the world’s richest and most influential jet-setters.Following the extension of the US customs and immigration pre-clearance agreement with the Irish Government this week, airport management said that the deal would allow them to market Shannon’s advantages as a transit stop for owners of private jets.Sign up for the weekly Limerick Post newsletter Sign Up Currently, Shannon and Dublin are the only pre-clearance locations in Europe, with 1.9 million passengers availing of the service last year. In 2010 Shannon became the first airport in the World to offer private air crafts the same unique service.Shannon Airport managing director Andrew Murphy said that the US pre-clearance facilities would allow the airport to enhance services to airline customers and business jet operators.“This new agreement will extend the hours from 9am to 5pm daily and offer an out of hours service, which is something our executive jet customers have requested.“Our executive jet customers, in particular, can see the time-saving benefits that this new agreement will offer. It will allow them to fly directly from Shannon to their home airport without having to go to a designated clearance airport in the US first,” Mr Murphy explained.The agreement was approved by Government last January, and the signing represents the next step in assuring enhanced services at the US Pre-clearance facilities at Dublin and Shannon Airports.According to Transport Minister Shane Ross, the new provisions reflect agreements reached between Irish and US officials following detailed negotiations. The Agreement will now be referred to the Dáil for final approval before entry into force.“My Department has been engaging with the US since 2015 on the need to enhance and expand services and introduce flexibilities to pre-clearance in Ireland. The US has also been working for a number of years to expand the programme to other countries, where it is intended that a reimbursement framework for all services and facilities will be the norm as it has become in many US domestic airports.“The amendments allow reimbursement by the airport authorities of the costs of additional and enhanced pre-clearance services in Irish airports with US authorities continuing to fund a baseline level of service, on a par with that which is offered at present.“The additional costs will be borne by those benefitting from the enhanced services and will not be a charge on the Exchequer,” Minister Ross explained.The revised arrangements also reflect the agreement reached on a number of other issues, including merchandise compliance agreements, the designation of pre-clearance areas and new signage to be placed in pre-clearance areas”.From a US perspective, the new agreement enhances their Customs and Border Protection strategy of addressing continually evolving security threats “by allowing them work with foreign law enforcement and commercial carriers to prevent the boarding of potentially high-risk travellers while providing unique facilitation benefits”.According to a US Embassy spokesman, it will also allow for continued expansion of pre-clearance services in Dublin and Shannon, including extended service hours and increased staffing, cost recovery, and improved officer safety measures.by Miranda [email protected] Advertisement Previous articleLife is a Cabaret for Miss LavelleNext articleSocial enterprises given a voice at BNest Showcase Day Staff Reporterhttp://www.limerickpost.ie WhatsApp Twittercenter_img Linkedin Email Facebook Printlast_img read more