Conditions Set for FARC to Release Hostages

first_imgBy Dialogo March 12, 2012 The Colombian government stated on March 8, following a meeting with delegates from Brazil and from the International Committee of the Red Cross (ICRC), that the security conditions are in place for the FARC guerrilla group to free ten uniformed personnel it committed to releasing in February. “On the part of the Colombian government, the Brazilian government, and the International Committee of the Red Cross, all the conditions are already in place for the release of those kidnapped,” Deputy Defense Minister Jorge Bedoya told reporters after the meeting. Bedoya stressed that the Colombian government remains ready to guarantee the conditions for the release of the uniformed personnel. “We already have the protocol worked out, and we’re waiting for the hostages to be released,” he reiterated. The meeting was held at ICRC headquarters in the Colombian capital, where Brazil’s ambassador to Colombia, Antonino Mena, was present due to the fact that his country will facilitate the logistical means for the hostages, some of whom have been in the FARC’s power for over 12 years, to return to their homes. In that regard, Bedoya expressed the Colombian government’s gratitude for Brazil’s collaboration and commitment in facilitating the process of release, as it has done on previous occasions. The Brazilian government will collaborate in these operations with two helicopters and one plane, according to what AFP was recently told by a Brazilian Defense Ministry spokesperson. On February 26, the leadership of the Revolutionary Armed Forces of Colombia (FARC), a Marxist guerrilla group, confirmed that it will free the last ten police and military personnel whom it says it holds captive, at the same time that it announced its renunciation of using kidnapping as a financing method. According to former senator Piedad Córdoba, who has acted as a mediator in previous releases, the release of the hostages could take place in late March, depending on the security conditions and whether the necessary logistics are ready.last_img read more

What disruption means for financial institutions

first_imgIn today’s turbulent environment, every organization – including financial institutions – is susceptible to disruption.Disruptive innovation is an intuitive concept, mostly because we’ve seen the recent casualties of disruption:  Kodak, Blockbuster, Borders and Blackberry.  Most of us want to avoid a similar fate ourselves, or better yet, reap the benefits associated with being the disruptor.  Netflix, Amazon and Apple are prime examples. Disruptive innovation – or avoiding it – is now a widely embraced business imperative.The biggest competitive threats no longer come from within the industry. They’re the emerging players, technologies and alternative business models that seemingly crop up from out of nowhere.In the payments industry, there are numerous potential disruptions on the horizon that ride the trends of peer-to-peer lending, crowdfunding and fund raising.  Companies like Lending Club, Indiegogo and GoFundMe tap into these trends and are starting to chip away at traditional models.  Mobile payment platforms and alternative currencies like Bitcoin also create entirely new consumer experiences around transactions and represent cracks in the tried and true business models of yesterday. continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

How the ACC tournament’s format changed after Louisville’s postseason ban

first_imgFollowing Louisville’s self-imposed postseason ban on Friday, the Atlantic Coast Conference has revamped the format for the conference tournament scheduled from March 8-12 at the Verizon Center in Washington, D.C.The top four teams will still receive double-byes, but now, teams No. 5-10 will receive single byes. Had Louisville still been eligible, only teams finishing fifth through ninth would receive single byes.Previously, there would have been three opening-round games, between teams finishing 10th through 15th on Tuesday, March 8. Now, there will just be two, between teams finishing 11th through 14th.The ACC also had to adjust the conference tournament last season when Syracuse placed a postseason ban on itself and sat out the tournament.Syracuse (16-8, 6-5 ACC) currently sits tied for ninth place in the conference with Florida State (16-7, 6-5), who the Orange hosts on Thursday night.AdvertisementThis is placeholder textLouisville (19-4, 8-2) is tied for first place in the conference with North Carolina (19-4, 8-2).Here’s a look at the full ACC standings:Louisville (19-4, 8-2)North Carolina (19-4, 8-2)Virginia (19-4, 8-3)Miami (18-4, 8-3)Notre Dame (16-7, 7-4)Clemson (14-9, 7-4)Pittsburgh (17-5, 6-4)Duke (17-6, 6-4)Florida State (16-7, 6-5)Syracuse (16-8, 6-5)Virginia Tech (13-11, 5-6)Georgia Tech (12-11, 2-8)North Carolina State (12-12, 2-9)Wake Forest (10-13, 1-10)Boston College (7-16, 0-10) Comments Published on February 8, 2016 at 2:04 pm Contact Paul: [email protected] | @pschweds Related Stories Louisville, like Syracuse last season, self-imposes postseason ban for men’s basketball teamSyracuse basketball roundtable: SU’s matchup with Florida State, its defense and Louisville’s postseason banJim Boeheim and Leonard Hamilton discuss Syracuse-Florida State matchup on ACC coaches teleconferencecenter_img Facebook Twitter Google+last_img read more