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Digital textbooks challenge schools to rethink learning environment

WASHINGTON — Are hardbound textbooks going the way of slide rules and typewriters in schools?

Education Secretary Arne Duncan and Federal Communications Commission Chairman Julius Genachowski on Wednesday challenged schools and companies to get digital textbooks in students' hands within five years. The Obama administration's push comes two weeks after Apple Inc. announced it would start to sell electronic versions of a few standard high school books for use on its iPad tablet.

Digital books are viewed as a way to provide interactive learning, potentially save money and get updated material faster to students.

Digital learning environments have been embraced in Florida, Idaho, Utah and California, as well as Joplin, Mo., where laptops replaced textbooks destroyed in a tornado. But many schools lack the broadband capacity or the computers or tablets to adopt the technology, and finding the money to go completely digital is difficult for many schools in tough economic times.

Tied to Wednesday's announcement at a digital town hall was the government's release of a 67-page "playbook" to schools that promotes the use of digital textbooks and offers guidance. The administration hopes that dollars spent on traditional textbooks can instead go toward making digital learning more feasible.

Going digital improves the learning process, and it's being rolled out at a faster pace in other countries such as South Korea, Genachowski said in an interview.

Genachowski said he's hopeful it can be cost effective in the long run, especially as the price of digital tablets drops.

"When a student reads a textbook and gets to something they don't know, they are stuck," Genachowski said. "Working with the same material on a digital textbook, when they get to something they don't know, the device can let them explore, it can show them what a word means, how to solve a math problem that they couldn't figure out how to solve."

Students can use the textbooks for video explanations to help with homework, they can interact with molecules, and they can manipulate a digital globe to see stories and data about countries, said Karen Cator, director of the Education Department's Office of Education Technology.

"We're not talking about the print-based textbook now being digital. We're talking about a much more robust and interactive and engaging environment to support learning," Cator said.

About $8 billion is spent annually in the U.S. on textbooks for children in kindergarten through 12th grade, said Jay Diskey, the executive director of the school division of the Association of American Publishers' School Division. Diskey said textbook companies have been working on the technology for the past five to eight years to transform the industry, but that in many cases, schools simply aren't ready.

"It's not only the future, it's the now. The industry has embraced this, but the difficulty does lie in the fact that schools are not yet fully equipped with the hardware. We hope that they get there soon," Diskey said.

After the tornado in May destroyed several schools in Joplin, the decision was made essentially to go textbook free at three sites hosting high school students from Joplin High School and the Franklin Technology Center. The United Arab Emirates donated money to buy each student a laptop.

The response from students has been mixed, said Angie Besendorfer, the district's assistant superintendent. She said the transition has proved difficult for some students accustomed to a standard routine of answering questions at the end of a chapter, but administrators are pleased with the online learning and hope eighth-graders also will go essentially textbook free.

"It's a little bit more work on the side of the students in that they are having to think and problem solve and do things differently, and some of our kids are not so fond of that, whereas other kids like it a lot," Besendorfer said.

 

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Digital textbooks challenge schools to rethink learning environment

Sleepwell Hotels Raise £1,000 for Hospice Isle of Man

by Ashgrove Marketing

Sleepwell Hotels raise £1,000 for Hospice Isle of Man

General Manager Shriharsh Naik and Group HR Manager Linda Maddrell from Sleepwell Hotels are pleased to announce that their fundraising total for Rebecca House, Hospice Isle of Man, came to the generous contribution of £1,000. 

The donations were made by guests following their stay at both the Chesterhouse and Rutland Hotels, as well as through a series of social evenings held by the staff.  Hosting an end-of-season party including a raffle, all prizes were kindly donated by local suppliers, with ticket costs for the event also contributing to the final amount. 

Also pictured is Terri Cook from the fundraising team at the Children’s Hospice who thanked Sleepwell Hotels for all their endeavours.

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© Manx Telecom Ltd 2012

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Registered in the Isle of Man Reg no.5629V Vat Reg no GB 003-2919-12

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Sleepwell Hotels Raise £1,000 for Hospice Isle of Man

Isle of Man to Block ‘Vulture Funds’

by The Treasury

Treasury is to progress new legislation to prevent the Isle of Man from being used by so-called ‘vulture funds’, Minister Eddie Teare MHK announced today (Friday February 3, 2012).

The move follows recent agreement by the Council of Ministers that the Island should introduce its own legislation equivalent to the UK Debt Relief (Developing Countries) Act 2010.  The Act seeks to prevent businesses known as ‘vulture funds’ from buying up the debts of Heavily Indebted Poor Countries (HIPCs) for a fraction of their original price and then using the UK courts to sue for the full value of the debt, plus interest.  The legislation seeks to outlaw a practice that undermines international debt relief efforts.

The law was introduced in response to a joint initiative between the IMF and World Bank to provide debt relief to HIPCs which qualify for cancellation of most debts to the World Bank, IMF and the governments of rich countries.  Prior to the introduction of the Act some debts fell outside the scope of the original initiative.

Minister Teare explained: ‘We have no evidence of vulture fund activity in the Isle of Man and as an internationally responsible country we do not want it here. The Manx Government is happy to introduce legislation to ensure that our Island is not used for the disreputable business of exploiting Heavily Indebted Poor Countries.’

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The Manx Government is happy to introduce legislation to ensure that our Island is not used for the disreputable business of exploiting Heavily Indebted Poor Countries."

Eddie Teare MHK, Treasury Minister

In Other Isle of Man News

If you'd like to send any information or news releases to us then please feel free to do so and we would be more than happy to consider sharing your news with the Isle of Man!

Send your Isle of Man news to:webmaster@manx.net

© Manx Telecom Ltd 2012

Manx Telecom Ltd, Isle of Man Business Park, Cooil Road, Braddan, Isle of Man IM99 1HX
Registered in the Isle of Man Reg no.5629V Vat Reg no GB 003-2919-12

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Isle of Man to Block ‘Vulture Funds’

Syrian Expats Lend Support to Protests From Abroad – Video

28-01-2012 08:40 For many Syrian dissidents scattered around the world, the anti-government backlash in Syria is bittersweet. They support political change at home, but they are horrified by the government's brutal crackdown. Jeff Swicord introduces us to one Syrian activist in the US who is dedicated to supporting the protesters.

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Syrian Expats Lend Support to Protests From Abroad - Video

U.S. Justice Department indicts Swiss bank Wegelin

By Lynnley Browning

(Reuters) - The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.

The announcement, by federal prosecutors in Manhattan, represents the first time an overseas bank has been indicted by the United States for enabling tax fraud by U.S. taxpayers.

The indictment said the U.S. government had seized more than $16 million from Wegelin's correspondent bank, the Swiss giant UBS AG, in Stamford, Connecticut, via a separate civil forfeiture complaint. Because Wegelin has no branches outside Switzerland, it used correspondent banking services, a standard industry practice, to handle money for U.S.-based clients.

UBS could not be reached for immediate comment.

The charges against Wegelin, of fraud and conspiracy, provide a rare glimpse into the world of Swiss private banking in the wake of a crackdown on UBS AG. In 2009, UBS paid $780 million and entered into a deferred prosecution agreement with the Justice Department over charges it engaged in fraud and conspiracy by enabling scores of Americans to evade taxes through its private bank. The bank later turned over the names of more than 4,500 clients, a watershed in Swiss bank secrecy, which protects the confidentiality of clients and their data.

The indictment signals a ramping up of pressure on 10 other Swiss banks under investigation by the Justice Department, including Credit Suisse, Julius Baer and Basler Kantonalbank.

Six days ago, Wegelin -- founded in 1741 -- effectively broke itself up by selling the non-U.S. portion of its business. The indictment represents the latest blow to the tradition of Swiss bank secrecy in a long-running U.S. crackdown on tax dodgers.

Switzerland is seeking a global solution for its entire banking industry, not just the 11 banks under criminal scrutiny.

On Tuesday, the Swiss finance ministry handed U.S. authorities encrypted data on bank employees who served U.S. clients suspected of dodging taxes, and said it would only provide the key to decipher the data once the row was settled.

ACCOUNTS FOR FORMER UBS CLIENTS?

The U.S. Justice Department said Wegelin "affirmatively decided to capture for Wegelin the illegal U.S. cross-border banking business lost by UBS and deliberately set out to open new undeclared accounts for US taxpayer-clients leaving UBS," the indictment said. U.S. clients were told that Wegelin presented less risk amid the crackdown because it had no branches outside Switzerland and "had a long tradition of bank secrecy."

The indictment also accused Wegelin of helping two unnamed Swiss banks "repatriate undeclared funds to their own U.S. taxpayer-clients by issuing checks drawn on Wegelin's Stamford correspondent account." The transfers were separated into chunks below the $10,000 threshold at which such transfers are reported to the IRS. Wegelin, the indictment said, "co-mingled" the repatriated funds with other, unrelated funds, to better conceal their origin and nature.

The charges against Wegelin were filed as a superseding indictment of three previously charged Wegelin bankers: Michael Berlinka, Urs Frei and Roger Keller. The three men were charged on January 4 with fraud and conspiracy. The superseding indictment named several unindicted co-conspirators, including one who served as a team leader for the three men at the Zurich branch.

The charges provided new details on how the bank worked to solicit new U.S. clients fleeing UBS. According to the indictment:

* Wegelin, one of the last "pure" private banks, is principally owned by eight managing partners and run by an executive committee that included partners. One unindicted co-conspirator, named as Executive A at the bank, was a member of Wegelin's executive committee and worked in Zurich.

* Wegelin used a special code, "BNQ," on around 70 new U.S. undeclared accounts that were opened over 2008 and 2009. It also sometimes opened accounts for U.S. citizens who held passports from other countries, and opened the accounts through the non-U.S. passports.

* Wegelin recruited U.S. clients through a website, http://www.SwissPrivateBank.com, that was run by an unidentified third party. The website boasted there that "Swiss bank secrecy is not lifted for tax evasion ... Neither the Swiss government nor any other government can obtain information about your bank account." Unlike the United States, Switzerland generally does not consider tax evasion to be a crime.

* Wegelin gave accounts special names, including "Elvis" and "Limpopo Foundation." The charges detailed the bank's work for nearly three dozen American clients, known only as clients A through JJ.

* Wegelin encouraged clients not to come forward to the U.S. Internal Revenue Service and disclose their names in exchange for reduced penalties. Clients who did so in recent years helped provide the Justice Department with a roadmap to the inner workings of Wegelin - a map that led to the bank's indictment.

(Reporting By Lynnley Browning in Hamden, Connecticut; Editing by Kevin Drawbaugh, Howard Goller, Phil Berlowitz)

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U.S. Justice Department indicts Swiss bank Wegelin