Showing posts with label atlantic international partnership. Show all posts
Showing posts with label atlantic international partnership. Show all posts

Friday, 19 August 2011

Altlantic International Partnership Headlines: MGM gets more time to sell 50 percent ownership in Borgata casino

http://atlanticinternationalpartnershipnews.com/



ATLANTIC CITY – MGM Resorts International is getting more time to sell its 50-percent stake in Borgata Hotel Casino & Spa as part of a settlement with New Jersey gaming regulators to leave the Atlantic City market.
The state Casino Control Commission voted Monday to extend the sale deadline by 18 months, from Sept. 24, 2011, to March 24, 2013.
MGM representatives told the commission that the company simply needs more time to sell the casino amid the weak regional and national economy. They said New Jersey’s recent regulatory overhaul of the casino industry, combined with Gov. Chris Christie’s creation of a new state-run Tourism District to make Atlantic City safer and cleaner, should help to entice potential buyers in the future.
“We’re very optimistic that all of the changes implemented in the last six months or so will be very helpful,” MGM attorney Nicholas Casiello Jr. said.
MGM has agreed to sell off its Atlantic City holdings after the New Jersey Division of Gaming Enforcement objected to the company’s partnership in a Macau casino with a Hong Kong businesswoman whose father has alleged ties to Chinese organized crime. Pansy Ho and her father, Stanley Ho, have denied any mob links.
The DGE supported the commission’s vote to extend the Borgata sale deadline, but reiterated the findings of its 2009 investigative report that called Pansy Ho an “unsuitable” business partner for MGM.
“We want people to understand that nothing has changed with our opinions in that report,” said George Rover, an assistant state attorney general who represents the DGE.
The remaining 50 percent of Borgata will continue to be owned by Boyd Gaming Corp. Up to this point, Boyd has not shown any interest in buying MGM’s share.
Last October, MGM announced it had received a $250 million offer from an undisclosed potential buyer for a half-share of Borgata, but that deal fell through. The Press of Atlantic City and the Bloomberg news agency reported that the offer came from the Los Angeles-based buyout company Leonard Green & Partners LP.




Altlantic International Partnership Headlines: Dennis Cochrane lands in education post

http://atlanticinternationalpartnershipreviews.com/


Former St. Thomas University president Dennis Cochrane has accepted a two-year position as the president of Atlantic Education International, an appointment geared at boosting the provincial government’s foreign education program.
Cochrane, the former leader of the Progressive Conservative Party and a member of Premier David Alward’s transition team, has already started in the new position, which is a two-year appointment that pays $30,000 annually.
Education Minister Jody Carr said Cochrane’s experience in building relationships will be important in his new position in growing the institute.
“There is a lot of growth potential for AEI but growth needs to be done strategically and with a coordinated approach,” Carr said in a statement.
“Dennis Cochrane’s experience, knowledge and proven track record make him well suited to oversee the execution of AEI’s mandate and the development of a business and expansion strategy for international education in New Brunswick.”
Atlantic Education International is an arm’s length organization that offers international learning opportunities. It has a series of partnerships, including the China partnership, N.B. International Student Program, a teaching abroad initiative and overseeing the operations of the Confucius Institute.
While AEI has a board of directors, its sole shareholder is the Department of Education.
Last year, the institute made $3 million for the provincial government.
The institute has four schools in China with roughly 3,000 students. The Anhui Concord College will open in September and has a projected student population of 400.
Cochrane has a long background in the education sector. He was a high school principal in Moncton and he also served as the deputy minister of education in both the New Brunswick and Nova Scotia governments.
His political resume includes terms as a city councillor, the mayor of Moncton, federal Progressive Conservative MP and a Progressive Conservative MLA. He served as the provincial party leader from 1991 to 1995.
Cochrane returned to New Brunswick in 2009 as the interim president of St. Thomas University, the Fredericton-based liberal arts institution.
Cochrane provided two years of leadership after a period of labour unrest under the previous president, Michael Higgins.
As president, he also raised the university’s profile in many public policy issues.
After the Alward government won the 2010 election, he was asked to be a part of the transition team.
He has also been a proponent of moving toward four-year funding plans for universities, which is being adopted by the Alward government.
Other members of Alward’s political circle have moved into government positions. Robert MacLeod, Alward’s campaign co-chair, is the new president of Invest New Brunswick, and Daniel Allain, the other campaign co-chair, is the president of NB Liquor.




Altlantic International Partnership Headlines: Province sees dollars and ‘sense’ in partnerships with China

http://altlantic-internationalpartnership.com/


Education Minister Jody Carr says appointing Dennis Cochrane as president of Atlantic Education International for the next two years will help the company grow educational partnerships on the international stage.
Cochrane, a former educator, provincial Progressive Conservative leader and interim president at St. Thomas University, has already started the part-time position that pays $30,000 annually.
“There’s a lot of growth potential for AEI, but growth needs to be done strategically and with a co-ordinated approach,” Carr said in an email.
“Dennis Cochrane’s experience, knowledge and proven track record make him well suited to oversee the execution of AEI’s mandate and the development of a business and expansion strategy for international education in New Brunswick.”
In addition to the N.B. International Student Program and a teaching abroad initiative, Atlantic Education International oversees operations at the Confucius Institute in New Brunswick and maintains partnerships with schools in China that use New Brunswick curriculum.
The first partnership was put in place in 1998 under the Liberal government. Since then, five schools have started teaching New Brunswick curriculum, including one that opened in July with a capacity for 3,000 students.
But while department officials say Cochrane’s appointment will be good for Atlantic Education International, one man said he wonders what selling educational services to countries such as China means for the integrity of the New Brunswick curriculum.
Charles Burton, a professor at Brock University in St. Catherines, Ont., has had two postings in China as a diplomat.
In the past, Burton has spoken about the curriculum compromises made at the New Brunswick Confucius Institute, a program that teaches New Brunswick students the Chinese language and culture, but under the terms of the Chinese Ministry of Education.
He’s never taught at a school that buys New Brunswick curriculum, but Burton said the unified nature of Chinese education would mean even though Chinese students walk away with a New Brunswick diploma, that doesn’t mean they’re educated the same way as New Brunswick students.
“Anyone who has gone through the schools you’re talking about has to have had the Chinese curriculum, and that includes a few things like the politics and that interpretation of history that the Chinese government requires the children learn,” he said in an interview with The Daily Gleaner.
“There’s no question about it, it is a bit problematic that they’re not getting the same education as New Brunswick students get in New Brunswick because New Brunswick students in New Brunswick are not learning the things about how the Communist party saved China from Western colonialism and that kind of thing. And certainly free democracy is not going to be taught. The civics content is not going to be the same.
“There’s no way that they would allow that aspect of the curriculum to be dominant in the education of the Chinese children in China.”
Christina Windsor, communications director for the Department of Education, said students at the Concord colleges in China are required to take a number of courses in English, including social studies, as part of their New Brunswick diploma requirements.
But speaking on behalf of Atlantic Education International, Windsor said the goal of the courses is to focus on meeting New Brunswick curriculum outcomes – that means the student’s ability to learn what the course is designed to teach.
“Course content is a vehicle for reaching the curriculum outcomes, therefore many of the materials used can be adapted to suit the interests and needs of the students,” she said.
Windsor said in addition to receiving positive feedback from teachers and students who have participated in the China experience, the provincial government also made $3 million in revenue last year.
Upon returning from a trip to China in July, Carr said $3 million isn’t a lot of money but it’s some.
Carr said he expects to see more revenue from the partnership as a result of his visit, where he officially opened the fifth school and attended meetings about potential future partnerships.
“But (South Korea is) interested in having us partner with them in teacher training. Teacher training and culture experience. So they would like to send some of their teachers in South Korea to our schools here in New Brunswick.”
Carr said he also met with representatives from Cambodia who are interested in buying N.B. curriculum.
But while Burton sees benefits to the partnership, he questions leaving out the less favourable elements of Chinese history but still giving students a New Brunswick diploma.
“It does give students a New Brunswick diploma who are not getting the same education as in New Brunswick,” he said.
atlantic international partnership, atlantic international partnership madrid latest news headlines

Sunday, 7 August 2011

atlantic international partnership: Dennis Cochrane lands in education post

http://www.cbc.ca/news/canada/new-brunswick/story/2011/08/05/nb-cochrane-atlantic-education-international-149.html


Former St. Thomas University president Dennis Cochrane has accepted a two-year position as the president of Atlantic Education International, an appointment geared at boosting the provincial government's foreign education program.
Cochrane, the former leader of the Progressive Conservative Party and a member of Premier David Alward's transition team, has already started in the new position, which is a two-year appointment that pays $30,000 annually.
Education Minister Jody Carr said Cochrane's experience in building relationships will be important in his new position in growing the institute.
"There is a lot of growth potential for AEI but growth needs to be done strategically and with a coordinated approach," Carr said in a statement.
"Dennis Cochrane's experience, knowledge and proven track record make him well suited to oversee the execution of AEI's mandate and the development of a business and expansion strategy for international education in New Brunswick."
Atlantic Education International is an arm's length organization that offers international learning opportunities. It has a series of partnerships, including the China partnership, N.B. International Student Program, a teaching abroad initiative and overseeing the operations of the Confucius Institute.
While AEI has a board of directors, its sole shareholder is the Department of Education.
Last year, the institute made $3 million for the provincial government.
The institute has four schools in China with roughly 3,000 students. The Anhui Concord College will open in September and has a projected student population of 400.
Cochrane has a long background in the education sector. He was a high school principal in Moncton and he also served as the deputy minister of education in both the New Brunswick and Nova Scotia governments.
His political resume includes terms as a city councillor, the mayor of Moncton, federal Progressive Conservative MP and a Progressive Conservative MLA. He served as the provincial party leader from 1991 to 1995.
Cochrane returned to New Brunswick in 2009 as the interim president of St. Thomas University, the Fredericton-based liberal arts institution.
Cochrane provided two years of leadership after a period of labour unrest under the previous president, Michael Higgins.
As president, he also raised the university's profile in many public policy issues.
After the Alward government won the 2010 election, he was asked to be a part of the transition team.
He has also been a proponent of moving toward four-year funding plans for universities, which is being adopted by the Alward government.
Other members of Alward's political circle have moved into government positions. Robert MacLeod, Alward's campaign co-chair, is the new president of Invest New Brunswick, and Daniel Allain, the other campaign co-chair, is the president of NB Liquor.

Atlantic International Partnership Headlines: Madrid and Istanbul set to enter 2020 Olympics bidding race

http://your-story.org/atlantic-international-partnership-headlines-madrid-and-istanbul-set-to-enter-2020-olympics-bidding-race-254092/


The Spanish capital of Madrid and Istanbul in Turkey are set to join the race to host the 2020 Olympics after the two cities moved a step closer to submitting official bids on Wednesday.
At a press conference, Madrid Mayor Alberto Ruiz-Gallardon, flanked by spokesmen for the two main political parties in Spain, said he would present a bid proposal to city legislators for a vote on July 20. Madrid came desperately close to securing the hosting rights in the tenders for the 2012 and 2016 Games. Although there are serious concerns about Spain’s economy, and the country’s Sports Minister has admitted “if this (financial downturn) did not exist, our support would have been automatic”, Ruiz-Gallardon insisted that the Games could provide a timely boost.
“Madrid has finished an extremely high percentage of the infrastructure needed for the organisation of the Olympics and Paralympics and can count on the experience of the previous two bids and the recognition of the Olympic family,” Gallardon said, according to Reuters. “The completed work means the cost of the bid will be significantly less, following criterion of austerity and efficiency with the highest possible return for the image of Madrid and Spain.”
Turkey’s Sports Minister, Suat Kilic, told CNN-Turk television on Wednesday that Turkey was set to make its bid for the 2020 Games official, and added: “We are one of the rare countries that can shoulder the financial burden of the Olympics.” Kilic said that a final decision would be made by July 29 after a meeting with Prime Minister Recep Tayyip Erdogan, although the International Olympic Committee’s deadline for applicant city nominations is September 1.
Istanbul mounted four consecutive failed bids for the 2000, 2004, 2008 and 2012 Olympics. If Turkey does confirm Istanbul’s applicant city status, it will face competition from Southern Europe in the form of Italy, with Rome the only city so far to confirm it has entered the bidding. Berlin could also provide competition on the continent, with the city’s Mayor Klaus Wowereit telling Der Tagesspiegel newspaper on Wednesday: “Berlin is ready for the Olympic Games and Berlin has all the requirements.”
However, the German National Olympic Committee, which saw Munich lose out to PyeongChang in last week’s vote for the 2018 Winter Olympics, has suggested there may not be enough time to table a bid for 2020. A bid from the Qatari capital of Doha may materialise, though, according to Olympic Council of Asia president Sheik Ahmad Al-Fahad Al-Sabah. “I hear Doha have an interest,” Sheikh Ahmad told Japan’s Kyodo news agency. “This is what I’m hearing, but we don’t have anything officially announced yet.” The Japanese capital of Tokyo is also expected to announce a formal bid in the coming days after missing out on the 2016 Games.

Sunday, 31 July 2011

Atlantic International Partnership: Our Advantage Approach

http://www.atlanticinternationalpartnership.com/ouradvantage/approach.html


Here at AIP we aim to deliver to all our clients a consistent level of returns on their investments. We aim to do this by applying our dedicated methods strictly to any investment process. Our processes are built around our thorough efforts into investment research and our strong focus on asset allocation according to the kind of investment profile our clients possess. Such investment profiles are determined by one of our senior advisers after a successful interview of a prospective client investor. Through these actions we are able to construct for each investor a innovative portfolio. Such a construction involves the development of an investment strategy, the appropriate asset allocation and a combination our best investment managers and our extensive portfolio of companies.

  1. Investment Research: One of our core principles is our research initiative. The quality and the integrity of our research is of the utmost importance to any investment process.

  1. Asset Allocation: We believe asset allocation is paramount in it’s importance in the delivery of the best possible returns for our client investors.

  1. Investment Managers: AIP actively seeks to identify investment managers who have shown superior investment capabilities.

Atlantic International Partnership: Our Advantage Strategy

http://www.atlanticinternationalpartnership.com/ouradvantage/strategy.html


Our teams of advisors and analysts at AIP are involved in the drawing up of investment strategies for our clients. They are always aware of each individuals investment profile and understand the need to consider various alternatives. While investments in equities is going to be the fundamental part of the portfolio construction, we understand that these are to be viewed as medium to long term. we fully understand the need for you to hold sufficient funds that are easily accessible from bank accounts. In making recommendations we also consider lower risk investments such as Government Bonds. Any well balanced portfolio should have exposure to companies from foreign markets.

Atlantic International Partnership: Services Finance Planning

http://www.atlanticinternationalpartnership.com/services/finance-planning.html


Let AIP provide you with the financial planning needed to reach your goals. At AIP we know just how important a good financial plan is. We understand the need for a plan which helps you to utilize all of your resources in the most effective way. Our advisers will help you to identify any potential shortcomings or excesses in your financial situation. We will show you what you need to do in developing a strategy designed to reach your financial goal.

AIP understands the importance of financial planning, we know how a good plan will serve as a solid foundation to build upon as you set off down the road to your financial future. A good financial plan will try to counter against effects of inflation and fluctuations in global markets. You want to construct a financial plan which will endeavor to produce the very best financial returns for your future plans or retirement needs. A good plan will also need to account for the rising cost of education and changes in taxation law.

Your first meeting wit AIP’s financial advisors will help you to build a financial plan designed just for you. No products or services are suggested to you. What you receive is the personalized financial information and guidance you need to get you on track to achieving those goals and aspirations that we all have.

atlantic international partnership: Services Retirement Planning

http://www.atlanticinternationalpartnership.com/services/retirement-planning.html


In today’s economic climate retirement is becoming an important concern for all of us. On average we are living longer and that means more retirement years to plan for, to save and invest for. As the old welfare systems designed to provide pensions crumble under the strain of increasing life expectancy, we at AIP realize that this is a crucial factor to account for in all of our clients financial panning.

What are the costs of retirement:

  1. Projected living costs

  1. Current assets set aside for retirement

  1. Current savings and investment programs

  1. Projected rates of inflation

How should you prepare for retirement? AIP advisers are here to help you understand and feel better about achieving a secure financial future. Our advisors will show you how to diversify your investment assets without any of the stress involved.