MINEOLA, N.Y., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (“Hanover” or “the Company”), parent company of Hanover Community Bank, and Savoy Bank (“Savoy”) are pleased to jointly announce that Hanover and Savoy have entered into a definitive agreement pursuant to which Savoy Bank will merge into Hanover Community Bank in a stock and cash transaction valued at approximately $63 million. The agreement was unanimously approved by the boards of directors of both companies. Directors of Savoy have executed voting agreements in favor of this combination. The Savoy directors own approximately 49% of Savoy’s outstanding shares.

İpek Yezdani is an international freelance journalist based in Turkey. Our conversation has been edited for length and clarity.Carlos Santamaria: In your opinion, what are two or three issues that people in Turkey are concerned about regarding the upcoming US election?

IY: There are several very important critical issues for Turkey-US relations. One of them is, of course, Syria. During the Obama administration, there was huge support for the Kurdish YPG forces in Syria. During the Trump administration, this support has continued for a while. The Turkish government considers the YPG as a terrorist organization, but on the other hand, Turkey is an ally, a NATO ally, maybe one of the strongest US allies in the Middle East. We has been fighting against this terrorist organization for decades, so this is a very important issue for Turkey.

Hikmet Ersek has been the CEO of The Western Union Company (NYSE:WU) since 2010, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Western Union. According to our data, The Western Union Company has a market capitalization of US$9.3b, and paid its CEO total annual compensation worth US$10m over the year to December 2019. That’s a notable increase of 10% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$1.0m.

By DARON ACEMOGLU (Project Syndicate)  CAMBRIDGE – To the interwar generation of the first half of the twentieth century, today’s crises would have appeared rather ordinary. They had seen much worse: the two bloodiest wars in human history, mass unemployment and destitution created by the Great Depression (which still dwarfs this century’s recessions), and far more serious threats to democracy in the form of Soviet communism, fascism, and Hitler’s National Socialism.