Author Archives: Catherine Balavage

Philanthropist author Philip Smith to headline at Canada's premier international event on microfinance

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Philanthropist author Philip Smith to headline at Canada’s premier international event on microfinance and financial inclusion (Sept 16 & 17)

Toronto International Microfinance Summit announced today that Philip Smith, successful American entrepreneur and co-author of A Billion Bootstraps: Microcredit, Barefoot Banking, and the Business Solution for Ending Poverty will speak at its Friday Gala and set the tone for the 2-day Toronto event. In its third year, the Summit brings together microfinance practitioners, business, international development agencies, NGOs and students to learn, interact and get involved. This year’s theme – From Microcredit to Financial Inclusion: Making a Difference in our World – is the focus of the signature events:

Gala – September 16 (Arcadian Court, 401 Bay Street) to raise funds for international and domestic microfinance projects and a scholarship. Reception: 6:00 pm, Dinner & Program: 7:30 pm. Silent & live auctions, entertainment.

Conference – September 17 (Allstream Centre, Exhibition Place,105 Princes’ Blvd.) features experts who address the effectiveness of microfinance as a poverty alleviation tool and provide frontline insights from around the world. A NEW MicroMarketplace will showcase products of micro-entrepreneurs. Registration: 7:30 -9:00 am, Program & Lunch: 9:00 am-5:00 pm.

“Microfinance is an effective way to deal with poverty,” says Dr. Carol Golench, President of Toronto International Microfinance Summit. “When you consider that, worldwide, in 2009 over 92 million borrowers from nearly 2,000 microfinance institutions had an average loan balance of $527USD, you realize microfinance is addressing poverty in a significant way and transforming people’s lives.”

“Microcredit enables people to become givers, not takers,” adds Philip Smith. “Microcredit should not be seen as charity but rather as the opportunity poor people need to build a decent life. Through microcredit, donors can shed the old hand-out mentality and become true partners in progress with the people of the developing world.”

Over 30 event speakers include: Bob Annibale – Citi, Joyce Lehman – Bill & Melinda Gates Foundation, Michael Bowles – Aga Khan Foundation, Kadita (A.T.) Tshibaka – Opportunity International USA, Stéphanie Émond – FINCA Canada, Dr. Tanjina Mirza, PLAN Canada, Jeff Rayman – UEnd: Poverty Foundation, Deborah Lindholm – Foundation for Women and Gordon Crann – Rotarian Action Group for Microcredit.

Once again, The MasterCard Foundation is providing financial assistance for the first 100 students to register for the conference.

EARLYBIRD DEADLINE for conference tickets is SEPTEMBER 2 . Follow us on Facebook, Twitter & LinkedIn. Watch the Microwalk on YouTube. Watch for our new mobile app.

For tickets, a full list of speakers and more information, visit www.microfinanceconference.ca.

Toronto International Microfinance Summit is Canada’s premier event focusing on domestic and international microfinance. Founded in 2009, this non-profit organization was inspired by Rotarian Action Group for Microcredit (RAGM) and Rotary District 7070 Microfinance Committee. The Summit’s signature Conference and Gala are run entirely by volunteers of diverse backgrounds and ages. Our vision is a world without poverty through microfinance. Our mission is to educate people on microfinance – a formidable poverty reduction tool, create a forum for dialogue and raise funds for domestic and international microfinance projects and educational scholarships. Formerly the Summit was known as Toronto Microfinance Conference & Gala.

The Avril Lavigne Foundation, Easter Seals Announce Avril Lavigne Rockstar Club

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Giving Kids & Youth with Disabilities the Opportunity to Express Their Individuality & Have Fun

The Avril Lavigne Foundation announced today the creation of the Avril Lavigne Rockstar Club at Easter Seals, an initiative to support recreational programming for children and youth with disabilities, their families, and communities. The first four Easter Seals affiliates selected to receive an Avril Lavigne Rockstar Club at Easter Seals grant are Easter Seals Mahoning, Trumbull and Columbiana in Ohio; Easter Seals Capper Foundation in Kansas; Easter Seals Massachusetts; and Easter Seals Southern California.

Earlier this year, Easter Seals affiliates from across the U.S. and Canada were invited to apply for an Avril Lavigne Rockstar Club at Easter Seals grant. The grants’ initiative evolved from the collaboration between Easter Seals and The Avril Lavigne Foundation originally announced in September 2010 to identify and support recreational programs for kids with disabilities and their families and communities. Thirty affiliates applied for a grant. Following a review of the top 12 applicants, award-winning singer/songwriter and philanthropist Avril Lavigne and The Avril Lavigne Foundation selected four Easter Seals grant recipients.

“It was really tough to pick just four,” said Lavigne. “I was inspired by the creativity of everyone who applied and the exciting range of opportunities the Easter Seals affiliates presented. Recreational programs allow children and young people with disabilities to develop critical social and emotional skills and also just have fun. As great as these programs are, a lot of times when budgets are tight these will be the first programs cut. My goal is to help bring more resources to these great programs.”

The four initial grant recipients were chosen based on their overall impact and embodiment of the Avril Lavigne Foundation’s R.O.C.K.S. mission: R espect, O pportunity, C hoices, K nowledge, and S trength.

The unique programs supported by the grant will include a program to connect teens with disabilities with other kids in their community at Easter Seals Mahoning, Trumbull and Columbiana in Ohio; an art camp at Easter Seals Capper Foundation; an overnight camp at Easter Seals Massachusetts; and an afterschool music program at Easter Seals Southern California. To learn more about these exciting programs, please visit The Avril Lavigne Foundation website at www.theavrillavignefoundation.org.

“We’re so lucky to have such an incredible partner in Avril and The Avril Lavigne Foundation. She cares deeply about making sure kids and young people with disabilities have every opportunity to live life to the fullest, pursue their dreams, and find happiness. She’s also passionate about sharing a message of inclusion, that kids and young people with disabilities want to laugh, have fun with their friends, and just fit in – like all of us,” says James E. Williams, Jr., president and chief executive officer, Easter Seals. “We also know when it comes to Easter Seals, Avril was most inspired by our recreational programming – services where kids and teens with disabilities can just be kids through social events, music, theater, sports, arts, leisure time, hobbies, getting out in the community and camp. That’s what The Avril Lavigne Rockstar Club at Easter Seals is all about.”

Avril Lavigne is a multi-platinum, Grammy-nominated singer/ songwriter. Though most of her philanthropic efforts have been private and anonymous, Avril has publicly supported a number of charitable organizations over the years, including Amnesty International, the Make-A-Wish Foundation, War Child, and YouthAIDS. Avril currently serves on the Board of Directors for the Nancy Davis Foundation for Multiple Sclerosis. Avril’s work with children who are seriously ill or who have disabilities inspired her to form The Avril Lavigne Foundation in 2010.

About The Avril Lavigne Foundation

Award-winning singer/songwriter and philanthropist Avril Lavigne created The Avril Lavigne Foundation in early 2010. The Avril Lavigne Foundation R.O.C.K.S.: R espect, O pportunity, C hoices, K nowledge, and S trength in support of children and youth living with serious illnesses and disabilities. The foundation partners with leading charitable organizations to design and deliver programs, raise awareness and mobilize support for children and youth living with a serious illness or a disability.

About Easter Seals

Easter Seals is the leading non-profit provider of services for individuals with autism, developmental disabilities, physical disabilities and other special needs. For over 90 years, we have been offering help and hope to children and adults living with disabilities, and to the families who love them. Through therapy, training, education and support services, Easter Seals creates life-changing solutions so that people with disabilities can live, learn, work and play. Support children and adults with disabilities at www.easterseals.com.

Venture Capitalists' Confidence Falls in Silicon Valley and China

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The Silicon Valley Venture Capitalist Confidence Index® for the second quarter of 2011, based on a June 2011 survey of 35 Bay Area venture capitalists, registered 3.66 on a 5 point scale (with 5 indicating high confidence and 1 indicating low confidence). This quarter’s index dropped significantly from the previous quarter’s reading of 3.91 ending the upward momentum in confidence since its low point in Q4 2008.

This is the 30th consecutive quarterly survey and report and, thus, provides unique quantitative and qualitative trend data and analysis on the confidence of Silicon Valley VCs in the future high-growth entrepreneurial environment. Mark V. Cannice, professor of entrepreneurship and innovation at the University of San Francisco (USF) School of Management, authors the report each quarter.

In his report Cannice writes, “While many of the participating venture capitalists continued to be confident in the future prospects of the high-growth entrepreneurial environment, an increasing number found reason for caution due to worrisome macro economic trends, seemingly inflated valuations, uneven capital availability, and regulatory constraints in the life science arena.” For example, Bob Pavey of Morgenthaler Ventures explained, “We are still in the early stages of an upturn…but there will continue to be many downs as well as ups. Some of the downs will be painful.” Similarly, Bob Ackerman of Allegis Capital contended, “The venture market is still regaining its footing,” adding, “A capital shortage in very early stage investing is overshadowed by exuberance in the social media sector.” However, Deepak Kamra of Canaan Partners stated, “Despite recent volatility, the exit window is still open for M&A and IPO’s, and will probably be open for quality companies for some time.”

Dr. Cannice concluded that while a general up-cycle in the venture environment persists, there is a risk that politically induced economic uncertainty in the U.S. and Europe could dry up liquidity in the financial markets and among corporate acquirers that could constrain the currently vibrant exit market.

In a companion study on confidence among venture capitalists in China, Cannice and his co-author Ling Ding, found confidence declining to near a six year low on concerns of bubble valuations, more difficult exits, and a slowing economy.

For the complete Q2 2011 report, please visit:

http://www.usfca.edu/uploadedFiles/Destinations/management/Docs/Cannice_SV_VC_Index_2011_Q2.pdf

Cowboys & Aliens Fails to Shoot Straight on Smoking

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Cowboys & Aliens Fails to Shoot Straight on Smoking with Its Youngest Movie Goers

Universal Takes One Step Forward, Two Steps Back with Major Smoking Scenes in Youth-Rated Blockbuster, Opening Today

Cowboys & Aliens, released today, will be reaching young theater audiences around the country with images of smoking that could motivate many of them to light up for the first time. Previous research has already confirmed a link between smoking images in movies and youth smoking initiation.

Universal Studios, spotlighted just two weeks ago in a U.S. Centers for Disease Control and Prevention (CDC) report as one of three movie companies that pared smoking in movies rated for youth by 96 percent, released the PG-13 blockbuster today, which features a cowboy hero, portrayed by Daniel Craig, who is seen smoking in key scenes.

“Just weeks ago, we applauded Universal for responding to this problem so responsibly by nearly eliminating tobacco from their G, PG and PG-13 movies,” said David Dobbins, Chief Operating Officer of Legacy®, the national public health foundation devoted to youth smoking prevention and adult smoking cessation. “This reversal confirms that without a uniform policy, young people will continue to see images of smoking that can inevitably cause them to smoke. It underscores how critical it is for the Motion Picture Association of America (MPAA) to take a much-needed leadership role and adopt a comprehensive policy on smoking by which all studios must abide.”

In a July 15, 2011 CDC report,[1] findings revealed that Universal, Disney and Warner Bros., had reduced tobacco incidents per youth-rated movie by 96 percent on average between 2005 and 2010. The data found that three other major studios — Fox, Sony and Paramount — had performed remarkably less well (42%).

In order to reduce youth exposure to tobacco imagery and level the playing field for all movie companies, public health groups like Legacy recommended that future movies with smoking be R-rated. The CDC’s report earlier this month underscored that point, saying, “Consistent with the effects of anti-tobacco use policies adopted by the three motion picture companies, expanding the R-rating to include movies with smoking could further reduce exposures of young persons to onscreen tobacco incidents, making smoking initiation less likely.”

So far in 2011, major Hollywood studios have released at least 15 youth-rated movies with tobacco imagery, all but two with PG-13 ratings: Fox: Monte Carlo , Water for Elephants; Sony: Country Strong, The Green Hornet, Jumping the Broom, Priest, Midnight in Paris; Paramount: Rango (PG); Justin Bieber (G); Universal: Cowboys & Aliens, Hanna, Larry Crowne ; Warner Bros.: Sucker Punch, Unknown, The Rite.[2]

Cowboys & Aliens, distributed by Universal (Comcast), was produced by DreamWorks with Reliance (India), Relativity and Imagine Entertainment.[3] It was shot in New Mexico on a reported $100 million budget,[4] with public subsidies.[5]

[1] Glantz S, Mitchell S, Titus K, Polansky JR, Kaufmann R, Bauer U (2011) Smoking in top-grossing movies – United States, 2010. MMWR 60(27);909-913

[2] UCSF CTCRE preliminary analysis of Thumbs Up! Thumbs Down! Data (Breathe California of Sacramento-Emigrant Trails.

[3] IMDbPro.com

[4] http://www.movieinsider.com/m4251/3/cowboys-and-aliens/

[5] http://www.nmfilm.com/filming/downloads/filmographyFiscalYear.pdf

NHS 'Letting Patients Die to Save Cash' Says Official Report

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A report by the Co-operation and Competition Panel (CCP), an independent watchdog that advises the NHS, claims that NHS managers are deliberately delaying operations, hoping that patients will die or go private in a ‘callous’ attempt to cut their budgets.

The report says that health service trusts will be ‘likely to impose greater pain and inconvenience’ by making those in need of care wait longer than necessary for surgery, the official report found.

By making patients wait for as long as four months, it is hoped they will remove themselves form the list ‘either by dying or by paying for their own treatment’.

NHS bosses are having to make £20billion of savings by 2014. The panel’s report claims unfair practices are ‘endemic’ in areas of England.

CCP chairman Lord Carter of Coles said: ‘Commissioners have a difficult job in the current financial climate, but patients’ rights are often being restricted without a valid and visible reason.’ 

Katherine Murphy, of independent charity the Patients Association, said: ‘It is outrageous that some primary care trusts are imposing minimum waiting times.

‘The suggestion that it could save money because patients will remove themselves from the list by going private or dying is a callous and cynical manipulation of people’s lives and should not be tolerated.’ 

The Health Secretary, Andrew Lansely has spoken out and accused NHS managers of risking lives by making patients wait longer for treatment in a ‘cynical’ bid to save money. Lansley said the report showed why the NHS needed to be reformed.

‘This is exactly why we need to put patients’ interests first,’ he said. ‘Too many primary care trusts have been operating in a cynical environment where they can game the system – and in which political targets, particularly the maximum 18-week waiting time target, are used to actually delay treatment.

Care services minister Paul Burstow said: ‘This report illustrates exactly why we need to modernise the NHS and increase choice for patients.’

Angelina Jolie and Brad Pitt To Quit Acting: “We Had a Good Run”

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Angelina Jolie has revealed that she “doesn’t love” acting as much as she used to.

Jolie was in tears when she was honoured for her controversial war movie, The Land Of Blood And Honey, at the Sarajevo Film Festival. She was praised for her directing debut, which is about a Muslim woman and a Serbian man during the Bosnian war in the 1990s. However, Jolie also said that she and Brad plan to quit acting soon.

“As Brad and I get older, we’re going to do fewer films,” she said. “I’ve been working for a long time, he’s been working for a long time. We’ve had a nice run and don’t want to be doing this our whole lives.”

Jolie added: “I’ve never not been grateful to be an actor. But I think when I was younger, I needed [acting] more. I was trying to question things in life, so you find these characters that help you find things and grow. I’m older and I know who I am, and I’m less interested in the character helping me answer something than in being able to answer it for myself, as a woman, as an adult, with my family.”

Jolie was Forbes highest paid actress in 2009 and 2011, and she and boyfriend Brad Pitt are parents to six children, Maddox, 9, Pax, 7, Zahara, 6, Shiloh, 5 and twins Vivienne and Knox, 3.

She said: “Home is wherever we are. I’m very bad at staying in one place. I’m also bad at sitting still. There’s so much to explore in the world, so I love travel. If you can travel I think it’s the best way to raise kids.”

Amy Winehouse Was 'Physical Wreck' – Death Leaves A Trail Of Grief And Denials

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Amy Winehouse’s grieving mother has said that the singer was “a physical wreck” the day before she died and that her minders had to help her down the stairs. Janis, who suffers from MS, added that Amy was “completely out of it.”

The singer was apparently having weekly health check-ups and her doctor visited her 24 hours before her death but had ‘no concerns.” Her bodyguard, Andrew Morris, also checked on her in the morning, but when he returned in the afternoon, she had died.

After her funeral on Tuesday, Winehouse’s father gave fans her clothes, leaving one fan wearing a vest the singer owned. It also emerged that she was in the process of adopting a poor, 10-year-old, St Lucian girl.

Since the singer’s death, tributes have flooded in, and her family released a statement saying: “Our family has been left bereft by the loss of Amy, a wonderful daughter, sister, niece. She leaves a gaping hole in our lives. We are coming together to remember her and we would appreciate some privacy and space at this terrible time.”

Amy’s phone was apparently “routinely” hacked by members of the press, as were Winehouse’s parents, brother Alex and ex-husband Blake Fielder-Civil, according to investigative journalist Charles Lavery.

Talking about the troubled Londoner’s attendance at rehabilitation centres, a source told Lavery: “The press knew where she would be, who would be there, what time, at any given time.

“They were able to be there too, to befriend her and actively encourage her, as if they had arrived by chance. That made better copy and, more importantly, better photos for the snappers both inside and waiting outside.

Ex-husband Blake Fielder-Civil said that losing Winehouse has left him “inconsolable”, while Fielder-Civil’s mother hit out at critics who said he was responsible for the singer’s untimely, saying he had nothing to do with it.

Amy joins the ’27 Club’ – a list of famous rock stars who died at the same age  – which also includes Kurt Cobain, Jim Morrison, Jimi Hendrix, Janis Joplin and Brian Jones.

Tony Blair On The Rack Over Iraq

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Tony Blair is to be heavily criticised for his role in leading the UK to war in Iraq, according to the Mail on Sunday.

The paper points to a number of damning points, saying:

    • The Chilcot inquiry will criticise Mr Blair for failing to admit a secret pact he made with former president George Bush in 2002.
    • Mr Blair apparently withheld vital information from cabinet colleagues, preferring instead, a ‘sofa style government’ with a close knit group of allies.
    • He was also be heavily criticised for failing to come up with a post war plan for Iraq.
    •  The inquiry is thought to be most damning regarding Mr Blair’s claim to parliament that Saddam Hussein’s possession of WMD was ‘beyond doubt’. Blair claims to have misunderstood the infamous 45 minute claim dossier, in which it was argued that Saddam Hussein could launch WMD in 45 minutes. This claim was later found to be nonsense.

A spokesman for Tony Blair said: “This is a deliberate attempt to pre-judge a report that hasn’t even been written yet. We’re not going comment until it has been published.”

Spin doctor Alistair Campbell and former Foreign Secretary Jack Straw are also thought to come in for heavy criticism.

If the allegations prove to be true, what justice will the British public now demand? Some of the criticisms are the result of incompetence or lack of foresight. However, others, such as failing to disclose the secret war pact and the WMD claim, raise a vitally important question. Was there a deliberate attempt to mislead the British public?

We will have to wait until Autumn for the full Chilcot inquiry to be published.