Nationwide profits up after cost cuts

first_img KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo NATIONWIDE Building Society’s profits rose 26 per cent to £147m in the first half of 2010, from £117m the previous year, as it cut costs and reduced loan impairment charges.Pre-tax profits rose 83 per cent to £259m in the six months to 30 September 2010, from £143m in the same period in 2009.Impairment charges on loans and advances to customers fell 44 per cent to £179m from £317m a year earlier, while bad commercial property loans fell 47 per cent to £95m.But the group has admitted the current low interest rates have hit margins and honouring its low mortgage rate cost it £300m in the past six months compared to other market rates.Chief executive Graham Beale said “the majority” of its existing mortgage customers are still on a rate capped at two per cent above the Bank of England base rate.Nationwide said it continued to lend despite a weak mortgage market, achieving an 8.5 per cent market share and gross residential mortgage lending of £6bn.And it reported a significant recovery in savings deposits, with £400m in net retail deposits compared to £6.1b outflows the previous year. It also diversified its income base into non-mortgage and savings products.It opened 260,000 new current accounts and 120,000 new credit card accounts in the first half, 61 per cent up from last year and 88 per cent up on the one before.Meanwhile Nationwide’s cost cutting drive has seen it close its network of agency offices and a number of branches.Beale said customer demand for equity-linked alternatives to traditional savings products, plus innovative products, drove a 14 per cent increase in sales of investment and protection products and an overall increase in non-interest income of more than 20 per cent.“These results… demonstrate both the resilience of our business model and the strength of our customer franchise,” he said. whatsapp Show Comments ▼ Tags: NULL Sharecenter_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 Nationwide profits up after cost cuts whatsapp Tuesday 23 November 2010 8:50 pmlast_img read more

Springbok lock reveals reasons he was PUNCHED at the final whistle of 1995 Rugby World Cup win

first_imgWednesday Apr 15, 2020 Springbok lock reveals reasons he was PUNCHED at the final whistle of 1995 Rugby World Cup win Former Springbok lock Kobus Wiese has opened up about why he was punched by Ian Jones in the closing seconds of the famous 1995 Rugby World Cup final win. ADVERTISEMENTIt’s a moment that, all these years later, a lot of fans may not have actually even noticed.In the closing seconds, with South Africa leading 15-12 and about to win a historic RWC at their first attempt, New Zealand second rower Jones struck Wiese, just as the scrum went down and referee Ed Morrison blew the final whistle.Most people, even the most ardent of Springbok fans, won’t have noticed what happened. But it’s come to light this week, and Wiese has since open up to Jacques Henning about it, explaining the fascinating – albeit old school – circumstances.The now 55-year-old was reluctant to talk about it, but has revealed how it came about.“It’s part of the game.. You remember the [former Bok prop] Johan le Roux incident in New Zealand with Sean Fitzpatrick [in 1994], when unfortunately they didn’t feed Johan well enough so he nibbled on Sean’s ear? People saw it differently unfortunately and “Joe” was suspended for a couple of weeks.ADVERTISEMENT“He was one of the hard men of rugby, he could take it on the chin and also dish it out. He’s also a great guy and a really good person.“I promised Joe that if there was ever a chance for payback, one of us – his teammates – would oblige. And we’ll leave that there for technical and legal reasons!“In that last scrum, we paid back the dues for Joe and clearly Jonesy was a bit frustrated as well because he knew it was all over and he started punching. But I didn’t mind, I took it on the chin, because we had paid back the favour and it was all in good spirit.ADVERTISEMENT“We had a cold one – a lemonade – afterwards anyway and we’re friends to this day.”You can see and hear Wiese talk about it around 28 minutes into the video below.A short video of the incident:And it can be seen in the final seconds of this official highlights package too. Posted By: rugbydump Share Send Thanks Sorry there has been an error Big Hits & Dirty Play Related Articles 25 WEEKS AGO Suspensions handed down after testicle grabbing… 26 WEEKS AGO The ‘double ruffle’ splits opinion with fans… 26 WEEKS AGO WATCH: The nastiest and most brutal moments… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Barra House / Ossa Valdes Arquitectos

first_img 2020 ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Save this picture!© Cristobal Palma / Estudio Palma+ 19Curated by Clara Ott Share Area:  160 m² Year Completion year of this architecture project Architects: Ossa Valdes Arquitectos Area Area of this architecture project Barra House / Ossa Valdes Arquitectos Chile ShareFacebookTwitterPinterestWhatsappMailOr Clipboard “COPY” CopyHouses•Litueche, Chilecenter_img Collaborators:Metal DesignCity:LituecheCountry:ChileMore SpecsLess SpecsSave this picture!© Cristobal Palma / Estudio PalmaRecommended ProductsWoodLunawoodThermo Timber and Industrial ThermowoodWindowsLibartVertical Retracting Doors & WindowsWindowsFAKRORoof Windows – FPP-V preSelect MAXWindowsSolarluxSliding Window – CeroText description provided by the architects. Casa Barra is located in the Sixth Region, on the central Chilean coast in the El Manzano sector on the way to Puertecillo. The commission consists of a vacation home for a young family for which a linear scheme is proposed, a rectangular floor plan facing north for the best sunlight and a view of the valley. The program is understood in three blocks, of which the two ends correspond to the resting areas, bedrooms for children and guests on one side, and the main bedroom on the other. Between them in the centre of the house is a space for socialising that brings together the living room, dining room, and kitchen.Save this picture!© Cristobal Palma / Estudio PalmaSave this picture!Floor PlanSave this picture!© Cristobal Palma / Estudio PalmaA steel structure is created for this common space, achieving a multifaceted space free of pillars in which a large skylight opens towards the south. To give more privacy to the bedrooms in relation to this social and activity space, small patios are proposed as buffers. They are projected from the exterior of the house towards the interior, forming two semi-open spaces creating the barbecue area and an outdoor living room for the master bedroom. The structure of the house is fully modulated and beams and pillars are exposed defining a rhythm along the north and south facades with a character of dock-type walkways to which a series of wooden lattices are added, playing with the movement of the sun during the day.Save this picture!© Cristobal Palma / Estudio PalmaSave this picture!SectionsSave this picture!© Cristobal Palma / Estudio PalmaThe interior consists of a large corridor that runs from one end to the other with large windows contributing to the interior-exterior game. The project rises one meter from the natural terrain and rests on isolated concrete pillars which are accompanied longitudinally by stone gabions that are projected towards the courtyard, seeking to enhance the linearity of the house and adding presence to the terrain.Save this picture!© Cristobal Palma / Estudio PalmaSave this picture!© Cristobal Palma / Estudio PalmaProject gallerySee allShow lessChristopher Hawthorne on Low-Rise: Housing Ideas for Los AngelesInterviewsThe Walk / Bangkok Project StudioSelected Projects Share “COPY” Year:  Houses ArchDaily CopyAbout this officeOssa Valdes ArquitectosOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookChilePublished on December 16, 2020Cite: “Barra House / Ossa Valdes Arquitectos” [Casa Barra / Ossa Valdes Arquitectos] 16 Dec 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – LogisVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StonePartitionsSkyfoldWhere to Increase Flexibility in SchoolsTiles / Mosaic / GresiteCupa PizarrasVentilated Facade – CUPACLAD UprightGlassLAMILUXGlass Roof PR60ConcreteKrytonCrystalline Waterproofing – KIMSkylightsVELUX CommercialAtrium Longlight Skylights in ExperimentariumMetal PanelsLorin IndustriesAnodized Aluminum – Copper FinishesStonesFranken-SchotterWall Covering & CladdingWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusSwingsStudio StirlingHanging Chair – BasketWallcovering / CladdingArrigoni WoodsWood Cladding – AcousticMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Barra House / Ossa Valdes ArquitectosSave this projectSaveBarra House / Ossa Valdes Arquitectos Projectslast_img read more

Mundo Obrero Editorial: Vidas trans, vidas revolucionarias

first_img¡Que viva el Día de la Visibilidad Trans! Este se llevó a cabo el 31 de marzo. ¿Tal vez no supiste qué sucedió?No es un día que sea muy “visible” en los medios de comunicación de las grandes empresas.Porque este día está organizado por y para las personas trans que hablan por sí mismas y  propias vidas, contando al mundo cómo se definen y celebrando las complejas realidades de las vidas trans.Los medios corporativos han presentado obsesivamente las vidas de personas trans como un circo para barridos de la semana o personas trans narradas como balones políticos que se patean de un lado a otro durante los ataques de derecha.En cambio, son las personas trans las que han insistido en esta verdad: han sido parte de la trama de la existencia humana desde el principio de nuestra especie.Como el compañerx trans Gery Armsby comentó en Facebook en el Día de la Visibilidad Trans: “A lo largo de la historia, las sociedades humanas han “asignado “papeles socioeconómicos a personas de muchas maneras que hoy entendemos como ‘género’”. Como todas las sociedades están sujetas a constantes internas y externas fuerzas de cambio, es razonable comprender que los roles de género no son ahora ni nunca han sido estáticos, y mucho menos binarios. [los roles de género] ciertamente tienen poco o nada que ver con la biología humana real. Esto no es nada nuevo”.De hecho, en las sociedades pre clase matrilineales, antes del surgimiento del patriarcado de clases, era la norma de la sociedad tener una complejidad de sexo y género que podría llamarse ahora “trans”. Las diferentes variedades, nombres, costumbres e historias de esta complejidad de género continúan hoy en día a través de pueblos, culturas y naciones indígenas aún existentes.Pero, como anotó Armsby en sus comentarios de Facebook, dentro de los Estados Unidos y en otros lugares que el patriarcado ha pisoteado, la lucha por esa complejidad “para muchas personas trans, especialmente mujeres trans de color, equivale a una lucha de vida o muerte por los pronombres correctos, por baños y para cualquier recurso y medida [que] las personas trans, no binarias y de dos espíritus creen que vale la pena luchar”.Las “fuerzas externas” que trabajan en los Estados Unidos han producido conceptos opresivos y estrechos de “hombre” y “mujer” como objetivos públicos: para crear pobladores coloniales, soldados para el imperialismo y trabajadores maleables.No fue casual que, a principios del siglo XX, cuando EE.UU. comenzó a invadir y ocupar naciones más allá de sus fronteras continentales, el presidente Teddy Roosevelt hizo una campaña para “endurecer” a los jóvenes y convertirlos en “hombres”. Como señala la historiadora Sarah Watts, quería que los hombres en los Estados Unidos imperialistas fueran “los verdaderos herederos de la tradición de vaqueros de la virilidad blanca, agresiva, armada y nacionalista”. ( vidas trans nos dan a todos la visión y la esperanza de un mundo que rechaza las ideas rígidas, dominantes y dañinas sobre el hombre y la mujer, lo masculino y lo femenino. Como dijera una vez la guerrera trans, historiadora y activista Leslie Feinberg:”Las personas de todos los sexos tienen el derecho de explorar la feminidad, la masculinidad y las infinitas variaciones entre ellos, sin críticas ni ridiculización”.Feinberg también sabía que un futuro socialista ofrecía la única posibilidad de un mundo donde las personas trans y todas las personas pudieran vivir plenamente en su propia complejidad de sexo y género, única y hermosa. Feinberg, de Workers World Party/ Partido Mundo Obrero, murió en el 2014 con estas últimas palabras: “Recuérdame como comunista revolucionario”.En uno de los primeros folletos, “La liberación de personas transgénero: un movimiento cuyo tiempo ha llegado”, Feinberg escribió: “Al igual que el racismo y todas las formas de prejuicio, el fanatismo contra las personas transgénero es un carcinógeno mortal. [Como trabajadores] nos enfrentamos entre nosotros para evitar que nos veamos como aliados. Se pueden forjar auténticos lazos de solidaridad entre personas que respetan las diferencias entre sí y están dispuestas a luchar juntas contra su enemigo. Somos la clase que hace el trabajo del mundo y podemos revolucionarlo. Podemos ganar la verdadera liberación”.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

PolitiFrog: Survivor Tuesday roundup

first_imgReddIt Twitter Richard Escobedo Republican presidential candidate Sen. Marco Rubio, R-Fla., ended his campaign for the Republican nomination for president after a humiliating loss in his home state of Florida. printThis story first appeared on PolitiFrog, TCU student media’s site dedicated to covering political news through a millennial lens. Follow @PolitiFrogNews on Twitter and PolitiFrog on Snapchat for updates on voting results throughout the day. In the latest round of multi-state primary contests, Democrats moved closer to picking a presidential nominee, while Republicans continued to narrow the field.Hillary Clinton secured victories in Florida, Ohio and North Carolina tonight, solidifying her grasp for the Democratic ticket. Clinton’s commanding lead in the delegate count – she has 1,488 to Vermont Sen. Bernie Sanders’ 704 – puts her in a position to become the first woman in U.S. history to win a major party nomination. 2,383 delegates are needed to clinch the nomination.Republican Donald Trump claimed Florida from Sen. Marco Rubio, R-Florida, but he couldn’t snatch Ohio from its governor, John Kasich. Voters continue to back Trump’s most controversial proposals, with two-thirds of those who participated in Tuesday’s GOP primaries saying they support temporarily banning Muslims from the United States.Rubio’s shattering home-state loss ended his campaign. “After tonight, it is clear that — while we are on the right side — this year we will not be on the winning side,” he said.The GOP field is down to Trump, Kasich and Texas Senator Ted Cruz.Trump celebrated the night – he also won North Carolina and Illinois – at a splashy victory rally at his Mar-A-Lago mansion in Palm Beach, Florida.He has 619, or half, of the 1,237 delegates needed to claim the GOP nomination. His loss in Ohio gave traction to Republicans who want a mainstream candidate on the ballot this fall.Kasich took a subtle jab at Trump, who has been criticized for heated rhetoric.“I will not take the low road to the highest office in the land,” Kasich said.Trump has encouraged supporters to confront protesters at his events and is now facing accusations of encouraging violence after skirmishes at a rally last week in Chicago.The atmosphere at Trump’s events has deepened the concern over his candidacy in some Republican circles. Rubio and Kasich have suggested they might not be able to support Trump if he’s the nominee.The latest casualty in an unpredictable election cycle, Rubio was touted as a youthful and upbeat candidate who could appeal to millennial minorities.He had strong second place finishes in New Hampshire and South Carolina. But he faltered during the last debate with N.J. Gov. Chris Christie and attacks against frontrunner Donald Trump did little to bolster his candidacy.He continued those attacks tonight in his concession speech, underscoring Republican concerns about Trump.Rubio urged Americans to “not give in to the fear, do not give in to the frustration.”Trump’s closest competition – Cruz – has kept relatively close to the businessman in the delegate count. He has been urging other candidates to drop out so he can take Trump on one-on-one.As of 10 p.m., the Democratic races in Illinois and Missouri were still too close to call.In Florida tonight, Clinton looked to November and criticized Trump’s positions on torture and immigration. “Our commander-in-chief has to be able to defend our country, not embarrass it,” she declared.Clinton kept up her large margins with black voters, a crucial group for Democrats in the general election. Democratic voters were more likely to describe Sanders as honest, but more likely to describe Clinton’s policies as realistic, according to exit polls.The Associated Press contributed to this report. Facebook Twitter Previous articleIncoming first-year students connect through video appNext articleFort Worth police officer shot; one suspect dead, second suspect in custody Richard Escobedo RELATED ARTICLESMORE FROM AUTHOR Fort Worth’s first community fridge program helps serve vulnerable neighborhoods Richard Escobedo Richard Escobedo Harry Vincent says TCU lifts suspension for social media posts + posts center_img Trump, Rubio and Carson will cruise through DFW ahead of Super Tuesday PolitiFrog: Trump, Rubio and Carson Will Cruise Through DFW Ahead of Super Tuesday Justice Antonin Scalia, outspoken conservative intellectual, dies at 79 ReddIt Linkedin ‘Liters for Life’ student campaign raises funds for global water crisis TCU social work majors go into the field to help support Fort Worth’s homeless Facebook Richard Escobedo Richard Escobedo Linkedinlast_img read more

Newly-created community radio threatened with closure

first_img Receive email alerts Reports Community radio station La Voz de Zacate Grande was meanwhile subjected to intimidation yesterday by local police officers and security guards employed by businessman Miguel Facussé Barjum because it has been defending the cause of the Zacate Grande Peninsula Development Association, which is embroiled in a land dispute with Facussé.According to the Committee for Free Expression (C-Libre), a Honduran NGO, shots were fired at local TV station Canal 40 in the Atlantic-coast town of Tocoa on 9 April. Journalist and presenter Emilio Oviedo Reyes believes the shots were fired by two individuals who have been targeting him since the coup.It was Oviedo who alerted the police when fellow TV journalist Nahúm Palacios was gunned down in Tocoa on 14 March. It seems probable that Palacios was killed in connection with his work.Finally, a criminal court in Tegucigalpa acquitted four officials with the National Telecommunications Commission (Conatel), including its former chairman, Miguel Ángel Rodas, on 12 April on charges of abuse of authority for ordering the closure of Radio Globo and Cholusat TV (Canal 36) – the two media that had voiced the most criticism of the coup – and seizing equipment from them. This took place last September, when the de facto government declared a state of siege after ousted President Manuel Zelaya secretly reentered the country.The court’s president judge, Martha Murillo, ruled that freedom of expression “was not obstructed in a situation of state of exception.” Article 73 of the Honduran constitution nonetheless takes the position that freedom of expression is paramount and forbids any confiscation of equipment from a news media or any interruption of its work. This constitutional guarantee cannot be suspended by a state of siege, C-Libre points out. Photo :… Help by sharing this information News RSF_en RSF begins research into mechanisms for protecting journalists in Latin America La Voz de Zacate Grande, a new community radio station based in southern Honduras, faces possible closure tomorrow on charges of “usurping land” and “deceiving the public administration” when a court is to hear allegations by local businessman Miguel Facussé Barjum that it is broadcasting on an illegal frequency from land he claims to own.Every since it started broadcasting on 14 April, the small station and the Zacate Grande community have been subject to systematic intimidation by local police officers and security guards employed by Facussé because the station has been defending the cause of the Zacate Grande Peninsula Development Association, which is embroiled in a land dispute with Facussé (see 21 April release).The closure threat comes at a disastrous time for press freedom in Honduras, which has suddenly become the western hemisphere’s most dangerous country for the media with a total of seven journalists killed since early March.The Honduran media have been exposed to constant harassment since the 28 June 2009 coup d’état. The death threats have recently increased in intensity against Ismael Moreno, the head of Radio Progreso, a radio station based in northern Honduras, and one of his reporters, Gerardo Chévez. Reporters Without Borders holds the authorities responsible for their safety.————————————-21.04.2010 – Seventh journalist shot dead in increasingly alarming climateGeorgino Orellana is the seventh Honduran journalist to be murdered in the past six weeks. A programme producer and presenter for Televisión de Honduras, Orellana was slain by a single shot to the head fired by an unidentified person who was waiting outside when he left the station’s studios in San Pedro Sula last night.Honduras has been the world’s deadliest country for the media since the start of this year. Three journalists have fled abroad to escape the wave of violence.Orellana’s killer left the scene immediately after last night’s shooting and the motive is not yet known. A university teacher as well as a journalist, Orellana used to work for the privately-owned broadcasting group Televicentro. Reporters Without Borders offers its condolences to his family and colleagues. San Pedro Sula police chief Héctor Iván Mejía insisted that his murder “will not go unpunished.” But, despite recent government promises, justice has not been rendered in any of the attacks on the press since the June 2009 coup d’état, whether they were linked to the coup or not. Already bad because of the high level of criminal violence, the plight of journalists has got much worse since the coup.One of example of this is the threats against the staff of Radio Progreso, which was occupied by the army in the hours following the coup to prevent it broadcasting any information about the president’s ouster. When contacted by Reporters Without Borders, Radio Progreso’s management preferred, for safety reasons, not to name the journalists and contributors who have received threats. News May 4, 2010 – Updated on January 20, 2016 Newly-created community radio threatened with closure HondurasAmericas center_img December 28, 2020 Find out more RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies News April 27, 2021 Find out more HondurasAmericas Follow the news on Honduras May 13, 2021 Find out more Organisation to go furtherlast_img read more

Basin rig count down two as prices rise

first_img Basin rig count down two as prices rise Local NewsIn the Pipeline Previous articleDAILY OIL PRICE: April 30, 2021Next articleCOLLEGE BASEBALL: Howard College at Odessa College Odessa American Facebook Pinterest WhatsApp TAGSrig count Twittercenter_img Pinterest The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 224 rigs active in the region. A year ago, 219 rigs were active in the region.Nationally, the oil and gas rig count is up two from last week at 440 rigs. A year ago, 408 rigs were active. The count shows that 342 rigs sought oil, down one from the previous week, and 96 explored for natural gas, up two from the previous week.The U.S. rig count peaked at 4,530 in 1981. It bottomed out in August of 2020 at 244.The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $60.06 per barrel, up $1.44 from last Friday’s close. National benchmark West Texas Intermediate crude ended at $63.58 per barrel, up $1.44 from the previous week. WhatsApp By Odessa American – April 30, 2021 Twitter Facebooklast_img read more

GSEs: Where Should the Money Go?

first_img Previous: Gen X Anxious and Fearful for Financial Future Next: Patenaude Has Nomination Hearing, Rumors of Otting’s Nomination Confirmed Data Provider Black Knight to Acquire Top of Mind 2 days ago GSEs: Where Should the Money Go? Back in February, the D.C. Circuit panel gave the U.S. Department of the Treasury and Federal Housing Finance Agency a win over the allocation of profits from Freddie Mac and Fannie Mae to the Treasury. This affirmed a lower court’s ruling that actions taken under the FHFA’s conservatorship of the GSEs cannot be challenged in court, however Fannie and Freddie shareholders sued the two for agreeing to the deal. They believe the profit sweep violates the reasonable expectations that they had when they originally purchased stock in the GSEs. Though a federal judge threw out most of the investors’ claims, another group of plaintiffs requested the full D.C. Circuit rehear the decision. Friday, the FHFA and Treasury urged the D.C. Circuit to not modify its ruling.The FHFA said the investors’ argument suggests that stock is a fixed contract pegged to the moment of its issuance, which conflicts with what the FHFA considered “well-established” principles of law viewing stock as an evolving contract that renews itself every time it’s traded.“When an investor buys stock in the secondary market, it acquires the contractual rights and obligations as they exist at the time of purchase,” Law360 reported the FHFA said in a response filed on behalf of itself and Fannie and Freddie, which it oversees as conservator.Using an example of a 2017 investor who purchased stock that was issued in 2000, the FHFA said the investors’ shareholder rights “are of course determined” by the law, corporate bylaws and charter that are in effect in 2017, not what may have been in place in 2000. According to Law360, having it this way is necessary to prevent investors from being able to “buy” lawsuits by purchasing stock and suing the issuer retroactively for alleged harms they were already aware of.The treasury agreed that the investors’ expectations at the time of purchase were what mattered. If there was a possibility at the time of purchase that the government might take actions that would impair their investments, they should not be able to recover damages for “regulatory takings.”“It is common sense that one who buys with knowledge of a restraint assumes the risk of economic loss,” Law360 reported the Treasury said, citing Federal Circuit precedent. “In such a case, the owner presumably paid a discounted price for the property. Compensating him for a ‘taking’ would confer a windfall.”According to Law360, the panel’s order could cut out of the proposed class those investors who bought their shares after Congress passed the Housing and Economic Recovery Act of 2008, which the investors have argued it should not have done. That law allowed the federal government to bail Fannie and Freddie out; the value of the investors’ public stock dropped to near zero in the aftermath, and shares were swept up by hedge funds and other investors who took the bet that their value would be restored. Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected]  Print This Post Related Articles Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / GSEs: Where Should the Money Go? The Week Ahead: Nearing the Forbearance Exit 2 days ago June 6, 2017 1,499 Views D.C. Circuit Fannie Mae FHFA Freddie Mac GSEs Treasury 2017-06-06 Brianna Gilpin Subscribe About Author: Brianna Gilpin Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Events, Featured, Government, News, Secondary Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: D.C. Circuit Fannie Mae FHFA Freddie Mac GSEs Treasury Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

How New York’s Foreclosure Rates Compare by Borough

first_imgSign up for DS News Daily in Daily Dose, Featured, Foreclosure, News Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles How New York’s Foreclosure Rates Compare by Borough Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Foreclosure Homes New York propertyshark Previous: The State of the Economy and Housing Next: Is the Housing Market Prepared for the Next Crisis? About Author: Staff Writer Since 2018 began, first-time foreclosures in New York City have consistently declined, and the third quarter has only seen this trend extend, according to a report by PropertyShark. Foreclosures in the city’s five boroughs are down overall 17 percent year-over-year, or 19 percent if one calculates from one quarter to the next. This is a noticeable drop, with 716 unique cases reported this quarter—the first-time foreclosures in the city have fallen below 800 for the first time since the first quarter of 2017. Citywide, pre-foreclosures dropped 36 percent year-over-year, or 15 percent if one calculates quarter-over-quarter.The report reveals that certain parts of the city witnessed the number of foreclosures drop significantly more than others, and a couple of major neighborhoods even saw their foreclosure rates stagnate. Of all the New York boroughs, Queens was the only one that saw an increase in foreclosures year-over-year. But this increase is slight—at just 5 percent— and can be interpreted as leveling off since, quarter-over-quarter, the neighborhood still saw a 15 percent contraction, the report said. Brooklyn meanwhile saw its number of first-time foreclosures barely budge, dropping just 1 percent year-over-year but still falling a full 10 percent since Q2.The other three boroughs, however, saw their number of foreclosures drop dramatically this quarter, the report indicated. The largest dip was seen in Manhattan, where just 22 properties foreclosed on marks an impressive 44 percent decrease. This breaks a record for lowest number of foreclosures in Manhattan since the first quarter of 2014.  The Bronx saw the second largest decline in foreclosures at 43 percent year-over-year, though there was an increase of 10 percent since last quarter. Staten Island also saw a very sharp decline in foreclosures, a total 40 percent year-over-year or—even more striking—67 percent if one calculates quarter-over-quarter. The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / How New York’s Foreclosure Rates Compare by Borough The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Foreclosure Homes New York propertyshark 2018-10-08 Radhika Ojha Demand Propels Home Prices Upward 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago October 8, 2018 1,979 Views Subscribelast_img read more

Man extradited from Donegal on sex charges appears at Derry Court

first_imgNews Facebook RELATED ARTICLESMORE FROM AUTHOR A 66-year-old man who was extradited from Donegal has been  ordered to sign the Sex Offenders Register after he pleaded guilt to 25 charges of indecent assault and gross indecency against his daughter and his niece when he appeared at Derry Crown Court.The man who cannot be named or legal reasons was extradited last December and today was arraigned on a total of 27 charges including two assault charges against his wife.The man, who had to be assisted into the dock, pleaded guilty and a pre-sentence report was ordered. The charges date back from 1970 until 1981.Judge Des Marrinan said that this was a ‘sad case’ but added that they were ‘terrible crimes’. He ordered the man to sign the Sex Offenders Register and adjourned the case for reports until May 21.The defendant was remanded in custody until then. Previous articleCommunity Allotments to be provided in Letterkenny from next yearNext articleOireachtas Committee reverses decision not to meet Donegal families News Highland Google+ Google+ Twitter Man extradited from Donegal on sex charges appears at Derry Court NPHET ‘positive’ on easing restrictions – Donnelly Pinterest Help sought in search for missing 27 year old in Letterkenny center_img WhatsApp Facebook By News Highland – April 13, 2010 WhatsApp 448 new cases of Covid 19 reported today Pinterest Twitter Three factors driving Donegal housing market – Robinson Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector publishedlast_img read more