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Tag: support

More adults seeking support for alcoholic parents

More adults seeking support for alcoholic parents

Health
The number of adults seeking help to cope with an alcoholic parent has tripled over five years, according to a leading charity.The National Association for the Children of Alcoholics took more than 23,000 calls or messages last year from over 18s, compared to 6,400 in 2013.Experts say more funding to support families and friends would help more people with alcoholic parents. The Department of Health said it was investing £6m to tackle the issue.'My homeless dad' Amelia and Joe Carr, from Newcastle, grew up with an alcoholic father. His drinking became very serious when Joe was 13 and Amelia was five. It continued up until his death two years ago. Towards the end of his l
Sports Direct seeks support for £61.4m Debenhams bid

Sports Direct seeks support for £61.4m Debenhams bid

Business
By James Sillars, business reporter Sports Direct says it could make a £61.4m all-cash bid for crisis-hit Debenhams, but it would come with several conditions.The sporting goods retailer controlled by Mike Ashley, which is the largest shareholder in Debenhams with 30% of the equity, said it would pay 5p per share for the stock it did not already own under its plans. Sports Direct faces seeing its stake wiped out, along with those of other shareholders, under a restructuring plan being thrashed out by the Debenhams board which would see lenders take over.Market analysts have suggested a takeover bid might be the only way for Mr Ashley to gain control because the department store chain has consistently rejected his own offers of a financial lifeline.S...
Italy is reportedly going to support China's Belt and Road program

Italy is reportedly going to support China's Belt and Road program

Finance
Italy is planning to officially announce its support for China's Belt and Road Initiative this month, the Financial Times reported Wednesday. It would be the first endorsement by a G-7 nation, the report pointed out. Chinese President Xi Jinping's regional infrastructure investment program is widely seen as Beijing's attempt to expand its influence globally through the construction of a network of land and maritime routes across Asia, the Middle East, Africa and Europe. Critics say that through the project, China forces developing nations to take on high debt burdens while benefiting Chinese companies which are often state-ow...
PAE awarded $27.6M contract for Afghanistan defense, security support

PAE awarded $27.6M contract for Afghanistan defense, security support

Business
Feb. 15 (UPI) -- PAE Government Systems Inc. was awarded $ 27.6 million to provide contractor logistic support efforts for the Afghan National Defense and Security Forces. Work on the U.S. Army contract, announced Thursday by the Pentagon, will be performed in Hikia, Afghanistan, with an estimated completion date of Aug. 30, 2022. Army fiscal 2019 other procurement funds in the full amount were obligated at the time of award. PAE Government Systems Inc. is based in Arlington, Va. The secretary of state determines approves foreign military sales and informs the U.S. Congress. The purpose of the fund is "to provide assistance to the security forces of Afghanistan to include the provision of equipment, supplies, services, training, facility and infrastructure repair, renovation and construc...
Kay and Associates awarded $63M for support on Kuwaiti F/A-18s

Kay and Associates awarded $63M for support on Kuwaiti F/A-18s

Business
Feb. 1 (UPI) -- Kay and Associates Inc. was awarded a $ 63 million contract modification to maintain Kuwait's fleet of F/A-18 fighter aircraft, the U.S. Defense Department announced. The contract, announced on Thursday, is a modification to a previously-awarded contract by which the Buffalo Grove, Ill., firm will provide maintenance and support on the F/A-18C/Ds of the Royal Kuwaiti Air Force. Kuwait has looked to upgrade its air force in recent years, including signing deals last year for 28 new F/A-18 variants. In April 2018, Boeing was awarded a $ 1.165 billion contract for production and services on 22 F/A-18E and 6 F/A-18F Super Hornets, to be delivered to the government of Kuwait by 2022. The $ 1.5 billion contract for production and delivery of the aircraft was awarded to Boeing by...