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South Carolina announces new relief for nonprofits, small businesses

South Carolina announces new relief for nonprofits, small businesses

Small and minority-owned businesses and nonprofits in South Carolina may apply for grant awards to be reimbursed for qualifying expenditures for providing services or revenue loss because of the response to COVID-19.

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© Provided by Washington Examiner

Announced by the Department of Administration on Monday, grants in the amount of $2,500 up to $50,000 will be funded with federal Coronavirus Aid, Relief and Economic Security Act money.


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Businesses and nonprofits can apply for relief grants beginning Oct. 19, and applications must be received no later than Nov. 1.

To qualify for a grant, small and minority-owned businesses must employ 25 or fewer employees, be located in South Carolina, have been operational from Oct. 13, 2019, to present and must have experienced economic effects because of the coronavirus pandemic.

Nonprofits must be a registered 501(c)(3) organization, registered as a public charity in South Carolina, physically located within the state and have been operational from Oct. 13, 2019, to present.

Grants will be administered by the Department of Administration in cooperation with Guidehouse Inc., a professional grant management services provider.

Tags: States, News, Coronavirus, Business, South Carolina

Original Author: Vivian Jones, The Center Square

Original Location: South Carolina announces new relief for nonprofits, small businesses

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Thai Stock Market Tipped To Head South On Wednesday

Thai Stock Market Tipped To Head South On Wednesday

(RTTNews) – Ahead of Tuesday’s holiday for King Bhumibol Memorial Day, the Thai stock market had bounced higher again – one session after halting the four-day winning streak in which it had advanced almost 40 points or 3 percent. The Stock Exchange of Thailand now sits just beneath the 1,275-point plateau although it’s tipped to open in the red on Wednesday.

The global forecast for the Asian markets is soft on profit taking and on concerns for a COVID-19 vaccine. The European and U.S. markets were down and the Asian bourses figure to follow suit.

The SET finished modestly higher on Monday following mixed performances from the financial shares and energy producers.

For the day, the index added 6.29 points or 0.50 percent to finish at 1,273.43 after trading between 1,265.27 and 1,277.64. Volume was 20.184 billion shares worth 46.573 billion baht. There were 826 decliners and 698 gainers, with 454 stocks finishing unchanged.

Among the actives, Advanced Info gained 0.85 percent, while Bangkok Bank climbed 1.32 percent, Bangkok Dusit Medical skidded 1.56 percent, Bangkok Expressway added 0.57 percent, BTS Group rose 0.51 percent, Charoen Pokphand Foods tumbled 1.82 percent, Kasikornbank fell 0.33 percent, Krung Thai Bank collected 0.56 percent, PTT surged 3.01 percent, PTT Exploration and Production retreated 1.50 percent, PTT Global Chemical advanced 1.22 percent, Siam Commercial Bank gathered 1.14 percent, Siam Concrete dipped 0.28 percent and TMB Bank, Thailand Airport and Asset World were unchanged.

The lead from Wall Street is negative as stocks opened lower and largely remained that way, finishing in the red after three straight sessions of gains.

The Dow sank 157.71 points or 0.55 percent to finish at 28,679.81, while the NASDAQ slid 12.36 points or 0.10 percent to end at 11,863.90 and the S&P 500 fell 22.29 points or 0.63 percent to

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May& Baker pharmaceuticals to employ more youths in S. East, South South

May& Baker pharmaceuticals to employ more youths in S. East, South South

Agency Reporter

May and Baker Pharmaceuticals Company Nigeria Plc says the company will employ more youths in the South East and South-South Geo-political zones as it establishes its office in Anambra.

Mr. Valentine Okelu, the Executive Director of the company told the News Agency of Nigeria (NAN) on Tuesday in Awka that jobs would be created through the establishment of the new office.

Okelu said that the choice of building a permanent structure in Anambra was to bring the company closer to the biggest pharmaceutical market in the South East and South-South to meet consumers’ needs.

He said that the company would create jobs to facilitate its services in the areas through employing support workers locally, while few personnel would be on the ground to bring their experiences to bear on “quality pharmaceutical products’’.

He appealed for the government’s patronage, saying “when government patronises locally made drugs, there will increased demand and more jobs will be created’’.

Okelu said that with COVID-19, pharmaceutical manufacturing was not just a business but a strategic one for any country that cared about the health of its citizens.

READ ALSO: FG, May&Baker to begin production of vaccines in Nigeria

He said that the company needed free access to foreign exchange to buy most of its active pharmaceutical material which was being imported.

He called on the government to urgently address the unavailability of power, bad road network, lack of potable water, among others to help local manufactures to remain in business.

He expressed gratitude to the Anambra government for the opportunity offered to establish its manufacturing outfit in the zone.

Mr. Jide Ikeako, the Managing Director Anambra State Investment, Promotion and Protection Agency (ANSIPPA) described May and Baker Nigeria as the foremost pharmaceuticals company in the country.

He said that as a renowned business

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Suspension recommended for South Florida attorney accused of misconduct in insurance suits

Suspension recommended for South Florida attorney accused of misconduct in insurance suits

A Coral Springs-based attorney accused of misconduct while pursuing thousands of cases against Florida insurance companies should be found guilty and suspended from practice for two years, a referee recommended after an eight-day trial.

The state Supreme Court has final say for how Scot Strems will ultimately be punished. The Florida Bar, which petitioned for an emergency suspension that began on June 9, argued that Strems should be disbarred.

Property insurers saw the Strems suspension and trial as vindicating their often-voiced stance that misconduct by a dozen or so law firms, which they call “bad actors,” are abusing the court system by bombarding insurers with lawsuits that drive up insurance costs for consumers.

Strems Law Firm P.A., they say, is among a dozen or so firms operating as lawsuit mills that target insurers, often without the knowledge of property owners named as plaintiffs, to generate lucrative legal fees worth many times more than the home repairs in dispute.

Strems’ firm, which employed 20 attorneys in six offices across the state, filed 8,756 suits against property insurers before his emergency suspension. Of them, nearly 5,000 were filed in Broward, Palm Beach and Miami-Dade counties.

The Oct. 8 recommendation by the referee in the proceedings against Strems, Judge Dawn Denaro of the 11th Judicial Circuit in Miami, followed a trial that lasted from Sept. 8 to 16.

Denaro found in September that the Bar had proven Strems and his firm violated 11 rules that govern attorneys’ behavior in the state. They include a rule barring attorneys from engaging in dishonesty, fraud, deceit or misrepresentation, or from knowingly filing evidence known to be false.

Strems also violated rules requiring attorneys to represent clients with reasonable diligence and promptness, Denaro found.

Between 2016 and 2018, Strems’ firm had about 700 cases “which was

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Analysis: South Korea Sees Hope and Threat in Mixed Message From North’s Kim | World News

Analysis: South Korea Sees Hope and Threat in Mixed Message From North’s Kim | World News

SEOUL (Reuters) – South Korean officials have seized on conciliatory comments by North Korean leader Kim Jong Un on the weekend as a sign that tension could be easing but also worry the huge number of rockets he showcased is evidence that peace may be elusive.

Kim sent mixed signals as he addressed an unprecedented night-time military parade early on Saturday, wishing the neighbouring Koreas would “hold hands” again after the novel coronavirus pandemic is over.

While much of the world was captivated by the appearance of a new intercontinental ballistic missile (ICBM), officials in South Korea were far more concerned by the display of new multiple launch rocket systems (MLRS) and fast, manoeuvrable short-range missiles that would be ideal for striking targets in the South.

“The parade revealed not only an advanced ICBM but also MLRS that pose a direct threat to South Korea,” said South Korean opposition leader Kim Chong-in.

“They’ve not changed, their threats have grown even bigger.”

South Korean ruling party leader and former prime minister Lee Nak-yon said he took hope from Kim’s overture to the South as a “positive sign” but worried about what the display of new weapons said about North Korea’s intentions.

“North Korea showed advanced weapons including a new ICBM, which indicated it has not abandoned its resolve to develop weapons of mass destruction, and those weapons can threaten peace on the Korean peninsula,” Lee told a party meeting.

November’s U.S. election is compounding the uncertainty especially as the tone of ties between the two Koreas is often set by the state of North Korea’s relations with its old enemy the United States.

When a landmark summit between Kim and U.S. President Donald Trump in 2018 brought an unprecedented easing of tension between those two countries, North Korea’s dealings with South

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