Argentina Sends First Humanitarian Aid Shipment to Venezuela

first_imgBy Juan Delgado/Diálogo May 20, 2019 In light of the serious crisis in Venezuela, the Argentine government sent a first shipment of humanitarian aid to the Latin American nation. The donation fell under the Management Unit to Support Venezuela’s Reconstruction, created in February to assist with humanitarian aid and to meet the needs of Venezuelans. A 26-ton shipment left Buenos Aires by sea for Cartagena de Indias, Colombia, on April 16, the Argentine Ministry of Foreign Affairs and Worship (MREC, in Spanish), responsible for the Management Unit, said in a press release. Oil, canned food, rice, and lentils were part of the donations. The Argentine authorities estimate that the shipment will reach Colombia May 18, before continuing onwards to Venezuela, provided the illegitimate Maduro regime does not steal it or does not allows its entry. “This way, Argentina renews its commitment to help with the humanitarian crisis the Venezuelan people are going through,” MREC said. Another 3-tons of humanitarian aid is set to be shipped in mid-May from Buenos Aires to Cúcuta, on the Colombian border with Venezuela, said Alejandro Daneri, president of the White Helmets Commission, a civil humanitarian organization, part of MREC, that supports the Management Unit. Elisa Trotta Gamus, Venezuela’s diplomatic representative in Argentina appointed by Interim President Juan Guaidó, thanked Argentina for its support. “We continue to work together for Venezuela. The humanitarian crisis in our country is a fact, and we must continue to collaborate from our spaces,” Trotta said. Humanitarian situation “We remain concerned about the humanitarian situation in Venezuela, which is a tragedy. The Venezuelan people are in the midst of a calamity,” Daneri told Diálogo. “We continue to work with the Venezuelan communities in Argentina to sort, store, and manage warehouses, with donated supplies that will be sent to Venezuela.” The Venezuelan humanitarian crisis worsens by the day. The health system has collapsed, and Venezuelans suffer from extreme poverty and food insecurity. The crisis has also caused a major wave of migration, with millions of Venezuelans fleeing to other countries in the region. According to the Organization of American States, there are more than 3 million Venezuelan refugees in Latin America — more than 1 million in Colombia alone — and there could be more than 5 million by late 2019. “We have fought for humanitarian assistance, so that we can address the emergency caused by the usurper, because out commitment is to the well-being of our people. Thank you, Argentina! Venezuelans will repay this solidarity and support,” said Guaidó via Twitter.last_img read more

Managing your credit union’s loan data

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Whether it’s part of a CECL preparedness conversation or part of a more proactive approach to risk management under existing regulatory expectations, the topic of “loan-level data” has repeatedly come up since the 2012 proposal from the FASB. As a result, at Sageworks, we have received many questions from our clients – banks and credit unions alike – about the steps to data preparedness.Credit unions face a distinct challenge in that, generally, borrower data for a credit union is stored in several different core processing or decisioning systems. These data silos make it all the harder for credit unions to begin data archiving. There are more sources from which to pull information and, probably, fewer IT resources that can focus on data management at a credit union.Sageworks helps our clients overcome this data challenge through a customized core integration (find out more about a Sageworks Core System Integration), but how can a credit union gather loan-level data?Limited MethodFor CECL specifically, it’s likely that a credit union will need several years of data (life of loan) to accommodate the forward-looking calculations. One way to capture this information is the Limited Method, in which the credit union uses data already stored in its core and decisioning system(s). Often these systems store data for up to 13 months, so look into your own core provider to see the limitations it may present. For this and the following methods, the credit union will likely have to have access to a report writer or know how to access core information. continue reading »last_img read more