Good cop, nice cop

first_img Meet Remy, Harvard’s rambling resident feline, and his family Big statue on campus Their favorite things Depending on whom you ask, the most photographed Harvard institution is either the John Harvard Statue, Massachusetts Hall, or Harvard University Police Department Officer Charles Marren.“I might be more photographed than the statue,” said Marren with a grin.Why, you ask? The 19-year police force veteran is tall, fit, very friendly, and very helpful. And then there’s that gleaming white HUPD Harley Davidson.Marren was immortalized on a digital camera for Crystal Wang ’23 and her family on their tour of Harvard 15 years ago. She was 3 years old when her father, Jim, newly arrived from China, snapped a picture of her in the arms of Marren beside his bike. When she got into Harvard’s dual-degree program with Berklee College of Music last spring, the Houston native posted the 2004 photo on Instagram.“My parents came to America to give me a better future,” said Wang, who doesn’t remember the photo session and didn’t even know the image existed until after she was accepted. “This was a glimpse into the future.”Marren can be found simultaneously smiling for a tourist’s camera, directing flatbed trucks, and reminding overzealous bicyclists to obey Yard rules. He spent 15 years patrolling the Yard full time. These days, he can mostly be found in Longwood on the HMS/CSPH/HSDM campus, but Wang’s arrival at Harvard necessitated a reunion — and an updated photo.“In your time here, if there’s anything you need, any issues you have in any way, let me know,” he said, standing beside Wang as a Gazette photographer captured new photos.,That kind of attentiveness defines Marren, who joined the force after retiring from Marine Corps, where worked law enforcement for 21 years, serving in Hawaii, Japan, Korea, and Washington, D.C.“It’s very hard-core, and a lot of bases where I was stationed are as busy with the same kinds of incidents big cities deal with. That was a contrast coming to Harvard,” he said. “My personality isn’t hard-core. The chief used to say, ‘If you take care of the kids, everything else falls in line.’ Everything we do here at Harvard is about that young freshman coming in. We want the kids to flourish, be safe, and have a little fun.”Deputy Denis Downing, Marren’s supervisor, called him “an ambassador of the University.”“Just last week I watched Chuck get ready to go on patrol, and the last thing he did before he left was to polish his boots,” he said. “He comes to work every day with a smile on his face. He enjoys meeting and helping people and that is why he is successful. He is an officer whom I can always count on.”,For Marren, a typical day in the Yard or at Longwood doesn’t exist, and he is as skilled at storytelling as mugging for the camera. Many fall into the you-never-know-who-you’re-talking-to category. There was the early morning patrol of the Yard when a man in a floppy hat reading The Wall Street Journal on the steps of University Hall started chatting to him. He later realized it was T.H. Chan.When former President George H.W. Bush received an honorary degree in 2014, Marren took his customary position, watching over the crowd from the stage at Commencement. Barbara Bush gestured insistently to him from her front-row seat in the audience.“I walked over and asked, ‘Is everything OK?’ and she said, ‘I came a long way to see my husband get this degree. Can you get out of the way?’” Marren recalled.There was the time Marren worked on a detail at Gund Hall. It was October 2014 and a woman came up and asked him where she could wait for her husband, who had gone to get their car. Marren made small talk as he walked her to the car, then saw the couple on their way. Five months later, he learned that his small gesture of kindness — along with some other positive interactions the couple had with HUPD — prompted the pair to donate $1 million to the force.“In life you never know a person’s story, so be real. I try to treat people the way I want to be treated,” he said. “It’s also nice that HUPD gets recognized for all of the around-the-clock hard work that we do.”Back in the Yard last week, Wang gave Marren a copy of the 2004 photo along with a CD of her debut album, “Sincerely.”“In police work, you can go from the tranquility of the Yard to a life-and-death situation in a heartbeat,” said Marren, visibly moved. “We do everything.” Not just a humanities cat Newly arrived first-years share special mementos from home Related The Daily Gazette Sign up for daily emails to get the latest Harvard news. Harvard is one of the biggest tourist attractions in Greater Boston, and perhaps the biggest attraction at Harvard is a sculpture last_img read more

Credit guarantee to boost lending for MSMEs, but risk of bad loans haunts banks

first_imgThe government’s new credit guarantee scheme is expected to boost lending for micro, small and medium enterprises (MSME) hit hard by the coronavirus pandemic, but analysts have expressed concerns that risk of rising bad loans now haunts the banking industry.The scheme is one of the most popular stimulus programs for economies across the globe during the virus-induced economic downturn, said Bank Indonesia (BI) senior deputy governor Destry Damayanti. The scheme, she went on to say, would be crucial to stimulate credit growth.“The loan guarantee program is crucial to allow banks to boost their lending for MSMEs and, therefore, support economic recovery,” Destry told an online discussion on Friday, adding that banks were previously reluctant to disburse their money amid fears of bad loans. She stressed that Indonesian banks were better now prepared than during the financial crises in 1998 and in 2008 to deal with liquidity issues and the risk of rising non-performing loans (NPL) in the wake of the pandemic.The government has disbursed credit insurance premiums worth Rp 5 trillion (US$341.02 million) to state-owned credit insurers PT Jaminan Kredit Indonesia (Jamkrindo) and PT Asuransi Kredit Indonesia (Askrindo) to guarantee working capital loans of Rp 100 trillion and help MSMEs survive the pandemic.The scheme will provide guarantees for banks that channel loans to MSMEs until November 2021 and cover loans with a ceiling of Rp 10 billion and a tenor of three years available for 60.6 million MSMEs from all business sectors.But the scheme may lead to mounting bad loans for banks as domestic demand remains sluggish due to weakening purchasing power amid slowing economic activity, said Institute for Development of Economics and Finance (Indef) economist Aviliani. “If businesses have yet to pick up following a slump in demand, then banks are forced to lend money; we are risking mounting bad loans in the next one to two years,” Aviliani said at the same discussion, adding the government would need to step up stimulus spending to boost demand.Indonesian banks’ non-performing loans (NPL), which calculate the ratio of bad loans to total loan value, continued to rise to 3.01 percent in May from 2.89 in April and 2.77 percent in March. Loan growth, meanwhile, fell to 3.04 percent year-on-year (yoy) in May from 5.73 percent in April.“We think the government should move more quickly in spending stimulus money and it must pay special attention to the demand side,” she said, calling for the government to bolster its stimulus on social aid to stimulate demand.The government is allocating Rp 695.2 trillion in stimulus funds to prevent a greater economic downturn, which is expected to shrink by 0.4 percent at worst or grow by 1 percent at best, with the budget deficit expected to reach 6.34 percent of gross domestic product (GDP).Moody’s Investors Service expressed a similar view in a new report in late May, stating that Indonesian banks would see their asset quality and profitability deteriorate because of coronavirus impacts. However, their capital and liquidity will remain strong, providing ample buffers to absorb financial stress.”Restructured loans in Indonesia have grown significantly since authorities relaxed rules for debt restructuring in March to provide financial relief for those impacted by the crisis,” said Moody’s analyst Tengfu Li.”And while this, along with subsidies for consumers and small businesses will provide temporary relief for banks, nonperforming loans will still increase substantially in the longer term, given the scope of economic disruptions stemming from the coronavirus crisis.”Indonesia’s financial authority has so far taken several measures to alleviate banking stress during the pandemic, including loan restructuring, interest relief for MSMEs and liquidity access from the central bank using the repurchase agreement (repo) route, among other measures.According to the Bank Indonesia Banking Survey published on Wednesday, credit growth is expected to slow to 2.5 percent this year, a decrease from 6.1 percent booked in 2019.BI Governor Perry Warjiyo said on Thursday that loan disbursement was limited due to slowing domestic demand, while banks try to avoid risks amid heightening debt restructuring. The central bank cut its benchmark interest rate to 4 percent to further support the economy.The lower benchmark rate is expected to transmit into lower interest rates charged by banks on consumer loans, corporate loans and mortgages, as well as bond yields and other instruments, thereby boosting domestic consumption and investment.Topics :last_img read more

Noteboom matches wins record at PJ

first_imgJEFFERSON, S.D. (Aug. 11) – On a beautiful night in the Siouxland, it was the beautiful white number seven IMCA Modified of Jay Noteboom rolling into victory lane at Park Jefferson Speed­way.With his win, Noteboom tied Joe Kosiski at the top of the all-time win list at the Park Jefferson Speedway with 73 total checkers.There was no denying Noteboom, who started sixth, but in just two laps flew by front row starters Jason Schneiders and Harvey Vande Weerd to fly to a lead he would never relinquish. Noteboom opened a huge lead that was up to 8.5 seconds at one point.Greg Taylor was the J&J Fitting IMCA Stock Car winner and Andy Hoffman posted a convincing victory in the Z98 IMCA Hobby Stock main.Cody Thompson outran hard charger Karl Brewer for the Karl Chevrolet Northern SportMod check­ers. Andrew Harris and Kaytee DeVries had a spirited battle to wrap up the Sport Compact point season at Park Jeff. Andrew Harris, who was dominant all year, got past DeVries to pick up his sixth Mach-1 Sport Compact win of 2018.On Park Jefferson Intern night, a huge shoutout went to 2018 intern Aaron Van Voorst, who coordi­nated the entire program of candy toss, car ride alongs for kids, bike giveaways and school supplies to thrill the crowd on season championship night.last_img read more

Easterby: We should learn from 2007

first_img Easterby watched in horror as Ireland chased a points-difference boosting final try rather than punt the ball out for full-time in Italy eight years ago, only to concede a pivotal converted score. Roland de Marigny plundered the last-gasp score for the Azzurri, with Ireland winning out 54-21: France then hammered Scotland 46-19 to swipe the title on points-difference – by just a four-point margin. Easterby has moved from flanker in 2007 to forwards coach in 2015 – but knows Ireland face a similar situation and is wary of the pitfalls of chasing glory rather than focusing on victory. Ireland can still retain their Six Nations title with victory in Edinburgh on Saturday. England’s Twickenham clash with France kicks off last though, and Easterby is keen to avoid any repeat of that 2007 pain. “It is exactly that, you’ve got to focus on what you can do in that 80 minutes,” said Easterby, recalling Ireland’s aborted 2007 title challenge. “We’ve got to focus on what we can produce in Murrayfield. “The performance first and foremost will give us the right result and what goes outside of our environment in Rome and London is exactly that, outside our control and we can’t factor that into what we’re doing in the 80 minutes against Scotland. “They are going to make it difficult enough as it is without us focusing on what else is going on elsewhere. We’ve got to focus on our job and make sure that is right and hopefully that puts us in the best possible position come Saturday evening.” England were forced to watch television in frustration last year as Ireland claimed the Six Nations title with victory in Paris, but back in 2007 it was the Irish themselves who suffered that fate. Easterby and company were forced to endure France stealing the 2007 title from under their noses, as Elvis Vermeulen claimed the last-ditch try that sealed glory for Les Bleus. Simon Easterby has warned Ireland not to repeat the mistakes of 2007 when chasing RBS 6 Nations glory in Edinburgh this weekend. To add insult to injury, Vermeulen’s title-winning try was awarded by Irish television match official Simon McDowell. Ireland’s players were understandably stony-faced when the reality of that 2007 situation hit home – but Easterby has revealed this week that he has effectively shut that video nasty out of his mind. “I don’t recall that. I genuinely can’t remember that. If you say I was there, I must have been but I don’t recall,” said Easterby. “I recall watching it together and the disappointment of not getting over the line. “We did our utmost in the game to give ourselves the best possible opportunity that year and we have to make sure we do the same this week.” Rather than linger on the past Easterby has instead backed the current Ireland outfit to fix the white-line fever that blew a Grand Slam in Wales last weekend. Easterby threw his full support behind Ireland’s attack, despite several try-scoring chances going begging in Saturday’s 23-16 defeat at the Millennium Stadium. Replacement prop Cian Healy knocked on with the line at his mercy after racing through the middle of a ruck in Cardiff, with Tommy Bowe frustrated a gaping backline overlap went begging. Asked how to solve the front-foot shortcomings, Easterby replied: “By backing the players to make the right calls at the right time. “All the players are comfortable to catch and pass and make good decisions; that’s the bottom line. “The players will always be backed to make decisions.” Former Scarlets boss Easterby insisted Ireland’s management will not lose any faith in their frontline stars, just because of defeat in Cardiff. “They are more than capable of producing the right things at the right time and sometimes under a bit of pressure, when the opposition are making it awkward to do certain things, you are going to come up with a few errors,” said Easterby. “It’s not for lack of quality of having the players who can see those things. “You have to make sure that they make the right decisions at the right time and we’ll back them as coaches to do so. “It is one decision of many in a game and sometimes you make the right one, sometimes you don’t. “That’s the pressure at this level.” Press Associationlast_img read more

Stiff competiton awaits Badger rowers this weekend

first_imgWith the national championships looming, Wisconsin’s ladies of the lake are preparing for huge meets this weekend. Saturday, the women’s openweight boat will be competing at the Big Ten Championships in Ann Arbor, Mich., and the lightweight team will be competing at Princeton in a regular season dual meet.At Lake Carnegie in New Jersey, the lightweight team will compete against a No. 1 team that they have not yet faced this season. Despite that lack of familiarity, the two squads will meet again twice more this season, once at the Eastern Sprints competition and one last time at the IRA National Championships. Currently, the Badger lightweight team is ranked fifth in the nation, but facing highly ranked opponents like Princeton make the possibility of a national championship trophy coming back to Porter Boathouse very real.The lightweight team hasn’t looked back since their sweep at Austin in all six of the events raced there. At that time, the team was ranked No. 19, and they’ve come a long way since then, finishing second at the San Diego Crew Classic and performing very well at the Knecht Cup here in Madison.The openweight team’s season is beginning to wind down, seemingly just after their home lake’s ice thawed. The time they have had on Lake Mendota has by no means been wasted, however. When describing the advantage of working on the lake as opposed to working inside the boathouse, coach Bebe Bryans had one word to describe it: huge.“We’ve been working really hard all year,” Bryans said. “It’s just (moving outside) we’ve been able to row. We’ve been able to work on our race plans and work on our boat speed, which you can’t do unless you’re out on the water.”The Badgers seem to be doing well despite their lack of outdoor practice. Though not nationally ranked, the openweight team performed well at the Longhorn Invitational against Texas, then moved on to win all three of its events against Columbia in the UVA Invitational on Lake Monticello in Virginia April 13. Following that, the Badgers had a good showing in Columbus, Ohio for the Big Ten Challenge. Wisconsin won 10 events out of the 12 it competed in, sweeping Indiana and picking up victories in races versus Ohio State, ranked No. 14 in the country.With that successful set of races behind them, the UW openweight team hopes to stride into the Big Ten Championship with the same amount of success.“Obviously, we’d like to win, and I don’t think that anything is out of the realm of possibility,” Bryans said when asked what she expected of the team at the Big Tens. “Our goal is to perform better than last year at this time as far as power, speed and really executing our race plans well, to be the best we can be on that day.”The rowers themselves echo the sentiments of their coach.“I think we really just want to improve on last year’s results,” senior captain Shayla Dvorak said.The feeling that the team is on their way to a higher finish than last year’s fifth place at the championship is also rampant.“Definitely, I think that we could be top three and hopefully win it. I think we really have a good chance to,” Dvorak said. “We lucked out on having really great water recently and have been able to row a lot.”Time is boiling down toward national championship time for both the lightweight and openweight teams. The lightweight team is positioning themselves in the national rankings with the IRA National Championships coming up in the beginning of June. The openweight team, however, has until just the end of May when their championships take place. Obviously, the Big Tens will play greatly into the preparation for that.“Every race is important,” Bryans said. “We have one more big race after Big Tens, which is the ultimate decider. But if you’re strong at Big Tens, both for your own mental state and for the selection process, it’s always helpful to be fast.”There is also confidence abounding at the Porter Boathouse as the season winds down.“I think we can race with anybody,” Bryans said.last_img read more

Men’s Basketball: Wisconsin transfer Kobe King commits to Nebraska

first_imgFormer University of Wisconsin men’s basketball guard Kobe King officially announced his decision to transfer to the Nebraska Cornhuskers basketball program Wednesday, according to ESPN’s Jeff Borzello.Despite never visiting Nebraska during the transfer process, King — a former top recruit from La Crosse Central High School — chose the Huskers over multiple other programs, including UNLV and Gonzaga.King, a redshirt sophomore, will file for a transfer waiver with the NCAA to be eligible to play right away in the 2020-2021 season this fall. Wisconsin transfer Micah Potter has experience with the NCAA transfer rule, as he was ineligible to play in the Badgers’ first 10 games this season despite filing for a waiver.Whether or not King is granted the waiver, he will have two years of playing eligibility remaining.Men’s Basketball: Multiple contributors fill void left by Kobe KingFollowing a frustrating Jan. 27 loss to Iowa on the road, the Badgers were slammed with more bad news just Read…King was part of the Badgers’ 2017 recruitment class, entering as a 3-star shooting guard. After taking a redshirt season in 2017-2018 due to injury, King came off the bench for much of the 2018-2019 season, averaging 4.2 points across 34 games.In the 2019-2020 season, King started all 19 games he appeared in as he grew into a leader of the team. King averaged 10.0 points, 2.8 rebounds and 1.6 assists this season before deciding to transfer Jan. 29.In parts of three seasons with the team, King appeared in 63 games with 20 starts, averaging 6.1 points, 2.2 rebounds and 0.8 assists per game.King’s last appearance as a Badger was Jan. 24 against Purdue, when he totaled zero points, four assists, two rebounds and one block across 28 minutes.Men’s Basketball: Don’t attack Kobe King for his decision to leave UWUniversity of Wisconsin men’s basketball fans, before you read this, I need you to understand — I get it. It Read…With King remaining in the Big Ten, he will face off with Wisconsin again during conference play in the coming seasons. Nebraska Head Coach Fred Hoiberg gains a key player for the coming years despite having the worst-ranked recruiting class in the Big Ten for 2020, according to 247 Sports.Despite King’s departure, the Badgers have been resilient through the month of February — winning their last four games to move into a tie for second place in the Big Ten. Wisconsin will take on Michigan in Ann Arbor Thursday night at 6 p.m.last_img read more