Obama defends US dollar policy ahead of G20

first_img Show Comments ▼ Obama defends US dollar policy ahead of G20 Share Wednesday 10 November 2010 8:30 pm US PRESIDENT Barack Obama responded to widespread criticism that the United States is deliberately weakening the dollar as he tried to swing the G20 spotlight back onto global imbalances at a gathering of world leaders in Seoul.The US easy-money policy has been under fire since the Federal Reserve announced last week it would pump an additional $600bn (£372.4bn) into the economy. In an attempt to ease tensions, Treasury secretary Timothy Geithner said he was optimistic the G20 could reach a deal to limit trade imbalances during a two-day summit due to conclude today. Obama, in an attempt to take his own country’s policies out of the glare, said a strong US economy was vital to the global recovery and urged his G20 counterparts to put aside differences and help promote economic growth.“When all nations do their part – emerging no less than advanced, surplus no less than deficit – we all benefit from higher growth,” Obama said in a letter sent to G20 leaders.The bridge-building came after a day of heated arguments as negotiators struggled to hammer out a statement that all G20 leaders could sign. whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndocenter_img KCS-content whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULLlast_img read more

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Trichet and Merkel back euro

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm whatsapp Share KCS-content whatsapp Show Comments ▼center_img EUROZONE Central Bank (ECB) president Jean-Claude Trichet, yesterday insisted that the euro was not in crisis.Speaking at Davos’ Open Forum, a venue open to the public alongside the World Economic Forum, Trichet insisted that the ECB had a track record of success shown by the fact that average inflation during the period of its existence has been 1.9 per cent.However, he admitted that the bank had focused mainly on core countries like Germany in its policy, despite negative real interest rates in others like Ireland.Shortly before his remarks, French President Nicolas had taken the floor to launch an ardent defence of the single currency. “To those who would bet against the euro, watch out for your money because we are fully determined to defend the euro,” he said. “Mrs Merkel and I will never – do you hear me, never – let the euro fall.”His reference to an alliance with Merkel is particularly significant because together France and Germany are viewed as the only countries able to bankroll further bailouts.Policymakers are at pains to project an air of determination ahead of a European Council meeting in February, when they will unveil a raft of measures intended to rescue the euro.But in Trichet’s comments at the Open Forum, held in a packed school gym in Davos, he admitted that saving the currency will require limiting national sovereignty on spending.“It was foreseen from the beginning,” he said. “You need to have a quid pro quo if you have a single currency without a political confederation.” Trichet and Merkel back euro Thursday 27 January 2011 8:41 pm Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

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Total Nigeria PLC (TOTAL.ng) 2010 Annual Report

first_imgTotal Nigeria PLC (TOTAL.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2010 annual report.For more information about Total Nigeria PLC (TOTAL.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Total Nigeria PLC (TOTAL.ng) company page on AfricanFinancials.Document: Total Nigeria PLC (TOTAL.ng)  2010 annual report.Company ProfileTotal Nigeria Plc is a marketing and services subsidiary of Total which is a multinational integrated oil and gas company and one of the seven major oil companies in the world. Total operates in 130 countries in the world including Nigeria where it supplies fuel for petrol engines, diesel engines and kerosene. Total’s worldwide business interests cover the entire oil and gas chain from exploration of crude oil and natural gas to the refining, production and trading of petroleum products. Total is also a large-scale manufacturer of chemicals and a major player in low-carbon energies. Total Nigeria Plc has been a leader in the downstream sector of the Nigerian oil and gas industry for over 50 years. The first Total filling station was commissioned in Lagos in 1956. Today, the company operates an extensive distribution network of some 500 service stations, 19 customer service stations, numerous industrial outlets, 5 fuel depots, distribution plants and warehouses located in the Western, Northern and Eastern territories of Nigeria. Its head office is in Lagos, Nigeria. Total Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

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The easyJet share price is up 50%. Here’s why I still think it can be a bargain buy

first_img Enter Your Email Address Manika Premsingh | Saturday, 30th May, 2020 | More on: EZJ Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. Few sectors have been hit harder by Covid-19 than travel and entertainment, for obvious reasons. The lockdown brought their operations to a halt and their share prices tumbled as a result. The FTSE 100 low-cost airline easyJet (LSE: EZJ) is one of them. The easyJet share price dropped to a low of 495p in mid-March, a huge 17% fall in a single day. But here’s the good news. It has risen sharply from that level, up almost 50% at the last close as I write. It’s almost 40% up even from the last time I wrote about it, earlier this month. There are several reasons for this. One, discontent on part of Stelios Haji-Ioannou, who along with his family, is the biggest investor in EZJ, on the impending purchase of planes, finally came to a head a few days ago. The easyJet share price reacted favourably to the development, rising by 19% as this news broke. 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…Lockdown easing to buoy easyJet share priceTwo, with lockdowns around the world likely easing in the next few weeks, easyJet and its like will be back in (some) business. Barring another wave of coronavirus-related infections, the worst is well and truly over for all businesses that require extensive social proximity. It’s hardly surprising then, that it’s not just the easyJet share price, but also those of other FTSE 100 travel and tourism companies like International Consolidated Airlines, Carnival, and TUI that have shown increases in the past month. Three, the FTSE 100 index is on the mend in any case. At its last close, the index was almost 25% higher than the bottom seen during the stock market crash. In line with this, share price fortunes across companies have seen an upswing. Stock prices of companies least affected by Covid-19 and the ensuing recession were holding up well in any case. Swift policy actions to ensure ample systemic liquidity provided a floor. As the situation eases, stocks sensitive to economic cycles and the lockdown have started picking themselves up from this floor now. Crystal ball gazingFollowing from this, lastly, the easyJet share price might have started rising, but it’s still far from its levels earlier in the year. In early February, it was more than double the current levels. Of course, the on-the-ground reality has changed ever since. It will be some time before EZJ can return to its former financial health. Yet, optimistic share price forecasts, according to Financial Times data, expect its share price to reach beyond the highs of 2020 in a year. Even the average forecasts expect it to be around the present levels. If I’m bullish on a sharper stock market and economic recovery, I’d buy EZJ shares at the current price. But I think the more risk-averse among us would keep it on the watchlist and buy it on a dip.  Our 6 ‘Best Buys Now’ Sharescenter_img Manika Premsingh 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. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. The easyJet share price is up 50%. Here’s why I still think it can be a bargain buy 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 Manika Premsinghlast_img read more

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Final round of Whizz-Kidz No Limits Millennium Awards scheme announced

first_imgFinal round of Whizz-Kidz No Limits Millennium Awards scheme announced  13 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Whizz-Kidz have announced the third and final round of their No Limits Millennium Awards, offering 44 grants to help disabled young people to undertake a new activity or gain a new experience.The awards are for young people across the UK aged 12-18 with a permanent disability affecting their mobility. They are designed to give them the opportunity to undertake a new activity or experience something for the first time. This could be learning a new skill, fulfilling an ambition or helping shape a career after school or college. The project must in some way benefit the individual and their local community.Julie Fernandez, the actress who appeared as the wheelchair user BBC TV’s ‘The Office’, helped national mobility charity Whizz-Kidz to launch the final round of the awards scheme. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Award projects can be related to sport, design, fashion, music, the Web, journalism, campaigning, or indeed any activity that fits into one of the three Award categories: Social and Community Activities; Disability Awareness and Integration; or Active and Outdoor Pursuits.Winners in Round 2 of the scheme are currently undertaking a diverse range of projects including creating a sensory garden for wheelchair users, writing a fiction book featuring disabled characters and starting a football team for disabled young people. Successful applicants will be given a mentor and receive support, training and a financial grant to run their project. The average grant to date has been £4,200. In addition, Whizz-Kidz has a dedicated team who will be on hand to give applicants help to realise their chosen project. The Awards are part of a £200 million programme of schemes made possible by the Millennium Commission and funded by the National LotteryJulie said: “I am delighted to be supporting Whizz-Kidz in its search for Millennium Award winners for the final round of the scheme. Taking part in the scheme provides an excellent way for young disabled people to demonstrate their abilities and talents and make a real impact on their local community. Whizz-Kidz will give the applicants all the help and support they need to turn their bright ideas into action and fulfill their dreams. So my advice is – if you fit the bill, don’t miss the boat and apply now!”The closing date for Round 3 is Tuesday 4 March 2003. Howard Lake | 14 January 2003 | Newslast_img read more

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McHugh wants it easier for Donegal companies to apply for government contracts

first_img Pinterest McHugh wants it easier for Donegal companies to apply for government contracts RELATED ARTICLESMORE FROM AUTHOR Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook WhatsApp Twitter Google+ LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH center_img Facebook Twitter Pinterest Need for issues with Mica redress scheme to be addressed raised in Seanad also Google+ News By News Highland – February 25, 2013 Donegal North East Deputy Joe Mc Hugh says he’ll be pressing the government to make it easier for small companies to secure government and public service contracts.Deputy Mc Hugh yesterday met with the East Inishowen Business Association, and said the issue of procurement was high on the agenda, as was the need for cross border business to be supported.He says he was given very clear messages at the meeting, and he’ll be bringing them to the attention of the government as quickly as possible:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/02/joesatCONTRACTS.mp3[/podcast] WhatsApp Previous articleCouncil invites applicants for its Irish Colleges ScholorshipsNext articleWater metering programme to create jobs News Highland last_img read more

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Fall in those signing on doesn’t tell the full story

first_img Fall in those signing on doesn’t tell the full story Google+ Pinterest Twitter WhatsApp Google+ WhatsApp Facebook There has been a slight month on month fall on the number of people signing on the live register in Donegal.Figures for last month show 22,710 people signed on in the county, a fall of 118 on the July figure.The figures released by the CSO today would not include the recent  21 job losses announced in Ballyshannon at BWG,  the loss of 30 jobs at Oatfield in Letterkenny or the 100 places that went at Keith Prowse call centre in Buncrana.They do show however that for the first time in months their is a reversal in the increase in those signing on.There were 8 people less signing on in Ballybofey in August compared to July, 2 less in Ballyshannon, 19 fewer in Dungloe and Killybegs and a fall of 27 was recorded in the Letterkenny area.The biggest fall in those signing on was in Buncrana – the figure there for August stands at 5,178 – down 79 on July.Welfare office in Donegal Town and Dunfanaghy recorded increases of 20 and 27 respectively. 75 positive cases of Covid confirmed in North 365 additional cases of Covid-19 in Republic By News Highland – September 2, 2010 center_img Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHOR Newsx Adverts Gardai continue to investigate Kilmacrennan fire Twitter Further drop in people receiving PUP in Donegal Facebook Previous articleNew planning guidelines for national roads will put an end to planning along N56Next articleHoax device brings Derry to a standstill News Highland last_img read more

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UK: Aviators from CHF Receive ‘Wings’

first_img View post tag: Defence View post tag: Wings View post tag: receive Share this article View post tag: News by topic View post tag: Naval Nine new aviators from the Commando Helicopter Force (CHF) were awarded their coveted “wings” on graduating from 848 Naval Air Squadron at Royal Naval Air Station Yeovilton. The ceremony was the culmination of many years of hard work and was the final hurdle in their flying training before becoming fully qualified aircrew.Trophies were awarded to acknowledge particular individual achievements during training, this year presented by the recently retired guest of honour Rear Admiral Charlier CBE, himself an experienced helicopter pilot. The Westland prize for best overall student was presented to S/Lt Simon Jones RN, whilst the Bill Murton Trophy for best ‘Commando aviation ethos’ went to Lt Tom Morris RN.The Bill Murton trophy is named after a distinguished CHF pilot, killed in a flying accident in 2003.For the graduating pilots, the ceremony and award of their wings marks the end of three years of flying training.Initial flying grading assessments, lasting two weeks, are followed by flying fixed-wing training aircraft at RAF Barkston Heath in Lincolnshire.They then spend six months flying basic Squirrel helicopters at RAF Shawbury in Shropshire before being chosen for their final operational aircraft types.For Commando-role students this involves 8 months with 848 NAS, converting to the Sea King Mk 4 helicopter and learning the operational tactics that will enable them to operate in any environment and operational theatre, day or night.The five Commando Aircrewmen have undergone similarly rigorous training, initially with four weeks of aviation military skills training at RAF Henlow and RAF St Mawgan, then five weeks initial flying grading, five weeks basic ground school and seven weeks navigation instruction at RAF Shawbury, followed by four weeks Winchman training at RAF Valley.Cpl Stuart Pirie RM was awarded the ‘Doc’ Love Trophy for the best overall student on course.This trophy is named in honour of a Commando Aircrewman killed during the Falkland Conflict in 1982.The graduates will now join 845 Naval Air Squadron, the front line Commando Sea King Squadron which is on five days notice to move anywhere in the world.The Origins of the Commando Helicopter Force lie in Naval ship to shore helicopter operations in the jungles of Malaya during the 1963 Malayan Conflict.As a result, members of the force are known as ‘Junglies’ and have a proud heritage built on since that time, serving in Northern Ireland, the Falklands, both Gulf Wars and more recently Afghanistan.All the students will now face a busy period, with amphibious exercises and operational tours of Afghanistan in the near future, where they will have to put their new skills to the test in a demanding environment.[mappress]Naval Today Staff, April 22, 2013; Image: Australian Nav View post tag: CHF View post tag: Defense Training & Education View post tag: Navy Back to overview,Home naval-today UK: Aviators from CHF Receive ‘Wings’ UK: Aviators from CHF Receive ‘Wings’ View post tag: Aviators April 22, 2013last_img read more

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Oxford tuition fees set to soar above £7000

first_imgStudents at top universities could face tuition fees of over £7,000 per year by 2013 under plans being developed by both Labour and the Conservatives, the Times reported yesterday.Students and prospective students across the country are reacting in dismay at the proposal, with online forums such as The Student Room flooded with posts on the subject. Both parties are currently considering an overhaul of the system under which top universities would be allowed to lift fees above the current legal limit of £3,225. University vice-chancellors have indicated that a £7,000 maximum fee is a reasonable “consensus” figure; striking the delicate balance between rescuing university finances and being affordable.The proposal was handed by the former Universities secretary, John Denham, to Lord Mandelson, the new Business, Innovation and Skills secretary. Denham’s plan also calls for a wholesale restructuring of higher education.Some post-1992 universities and further education colleges could offer free, government-funded “walk to study” degrees, often in vocational subjects, to local students living at home, whilst top institutions like Oxford would be allowed to charge much higher fees than they do at present, with students essentially pre-paying for future earning potential.The idea was not costed out in the proposal, but it has been estimated that the eventual annual fee at elite institutions could be up to £15,000, nearly five times the current legal maximum. This would leave students a staggering £60,000 in debt at the end of a three year course, compared to the current NUS estimate of £20,000.Earlier this year, Sally Hunt, general secretary of The University and Colleges Union (UCU) said, “increasing fees or the other financial barriers that so many students and parents come up against when considering university is certainly not the way to deliver a world-class university system.”In contrast, Lord Mandelson said today in his first speech on higher education since it became part of his remit as Business Secretary that Britain needed to “face up” to paying for excellence in higher education. “Bluntly put, excellence is not cheap,” he commented.Jonny Medland, OUSU’s Vice-President for Access and Academic Affairs, emphasised the need to look for other solutions to the funding problem. “It’s crucial that the funding review examines all possible options without assuming the desirability of increasing the cap on tuition fees. The students of Oxford have voted to support a graduate tax as it provides a fairer way of ensuring that we enjoy world class universities which are accessible to all students.”Initiatives such as Target Schools have been working hard to demystify Oxford’s reputation as a financially unattainable institution – yet the negative publicity generated by the government’s plans is bound to put off prospective applicants from less well-off backgrounds.Medland stressed that any raise in fees will need to be accompanied by increasing bursaries. He commented, “Doubling fees risks deterring students from applying to university unless it is matched by a significant expansion in the number of bursaries. Government and universities would need to redouble their efforts to persuade applicants that they were not being priced out of higher education.”last_img read more

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Pladis and IPP form sustainable partnership

first_imgMcVitie’s owner Pladis UK & Ireland and pallets supplier IPP have teamed up in a bid to reduce environmental impact across the supply chain.Pladis is working with IPP, part of Pooling Partners, to help reduce carbon emissions caused by empty trucks running on UK roads, with empty Pladis trucks being used to return or redistribute Pooling Partners’ pallets.The collaboration is said to be working well, with an estimated reduction of almost 30,000km in unnecessary journeys and a 200 metric tonnes cut in carbon emissions.“Empty running is one the greatest challenges in every supply chain and impacts negatively on both carbon emissions and congestion” said Alistair Leckie, transport operations controller at Pladis UK&I.“As a business, we know that we have a responsibility to reduce our impact on the environment and that’s why we are so encouraged by our partnership with Pooling Partners.”IPP said it shares the same philosophy, with Shelley Harris, head of commercial at IPP, adding: “We are delighted to have teamed up with Pladis to create a partnership that is already delivering tangible results for us both and for the environment. We’ve removed 28,200km of trips from the roads, which equates to saving 74.5 tonnes of carbon emissions to date.”The news follows the announcement that Pladis hired Kerry Foods’ Lindsey Roberts in a vice-president role.last_img read more

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