Sunday 16 January 2011 11:01 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULL whatsapp FINANCIAL TIMESRBS DIRECTOR TO STEP DOWN FROM BOARDOne of the last Royal Bank of Scotland directors to remain on the bank’s board from the days of Sir Fred goodwin is poised to step down from his role. Colin Buchan, 56, a former UBS investment banker who until recently was chairman of RBS’s remuneration committee, is set to leave in March, according to people familiar with the plan.“BRIC” CREATOR ADDS MEXICO, KOREA, INDONESIA AND TURKEY TO THE LIST Jim O’Neill, who coined the term “Bric”, is about to redefine further emerging markets and will explain the new approach to clients this month. The chairman of Goldman Sachs Asset Management plans to add Mexico, South Korea, Turkey and Indonesia into a new grouping with the Brics – Brazil, Russia, India and China – that he dubs “growth markets”. “It’s just pathetic to call these four emerging markets,” he told the Financial Times.LLOYD’S TO PUSH FOR REDUCTION OF CAPITAL RESERVESLloyd’s of London is pushing for cuts in the amount of capital insurers are required to hold against exposure to catastrophes under new European rules, which threaten to force the historic insurance market to hold billions more in capital.CALL TO REASSESS WATER VALUATIONSBillions of pounds worth of water-related assets held by uk companies and property funds are being valued incorrectly, according to the body responsible for setting professional standards for surveyors. The Royal Institution of Chartered Surveyors will today set out proposals to standardise values of assets.THE TIMESTOP AUDITORS UNDER PRESSURE”Three of the City’s most powerful investors have called for a root-and-branch overhaul of the audit market, amid growing concerns about the dominance of the “Big Four”. Standard Life Investments, Aviva Investors and Hermes have demanded radical action to allow smaller firms to compete with Deloitte, Ernst & Young, KPMG and PwC for big company audits. 400 LOSE JOBS – BECAUSE FEWER BUSINESSES GO BUSTFour hundred jobs are to go at the Insolvency Service as the regulator faces budget cuts and falling income with the decline in bankruptcies. The cuts will stoke fears that the service, a division of the Department for Business, Innovation and Skills, is letting crooked company directors off the hook because of lack of resources.The Daily TelegraphUK HOUSING MARKET TO GET TOUGHER FOR FIRST-TIME BUYERSHousing affordability is at near-record levels, new figures show, However first-time buyers will find it increasingly hard to join the property ladder this year. Mortgage lending is tighter now than it was six months ago, an economic consultancy has warned. The prospect of buying a house will also become more daunting if, as is widely expected, the Bank of England “will start raising interest rates” this year, putting further strain on the cost of living, the consultancy warned.GERMAN COALITION SPLIT ON INCREASING EU’S BAIL-OUT FUND Important members of Chancellor Angela Merkel’s coalition in Germany are resisting plans for an increase in the EU’s bail-out fund to protect Spain from contagion.THE WALL STREET JOURNALEUROPEFOREIGN LENDERS RACE TO ISSUE BONDS IN USForeign banks are flocking to the US bond market because it’s cheaper to borrow there than it is in Europe, where worries about the financial health of some governments have shaken fixed-income markets. Led by Lloyds Banking Group and HSBC Holdings, foreign banks sold $36.4bn (£23bn) of investment-grade bonds in the US in the first two weeks of 2011, the biggest total in the first two weeks of any year since at least 1995, according to data provider Dealogic.PRODUCTIVITY MAY SLOW IN 2011Global economic productivity rallied strongly last year thanks to a notable economic recovery, but it is likely to flag in 2011 in advanced economies as employment catches up, the Conference Board announced late yesterday. whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼ What the other papers say this morning Share KCS-content
Berger Paints Plc (BERGER.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2009 annual report.For more information about Berger Paints Plc (BERGER.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Berger Paints Plc (BERGER.ng) company page on AfricanFinancials.Document: Berger Paints Plc (BERGER.ng) 2009 annual report.Company ProfileBerger Paints Plc is a manufacturing company in Nigeria producing paint, surface coating and allied products for the residential, commercial, marine and industrial sectors. The company has an extensive product range which is divided into decorative/architectural finishes, industrial coatings, marine and protection coatings, automotive/vehicle finishes, and wood finishes and preservers. Berger Paints has a manufacturing plant and distribution centre in Lagos and over 25 distribution points in the major towns and cities in Nigeria. Berger Paints Colourworld is a retail outlet which offers a wide range of products and offers support with expertise and colour development software. Colourworld also offers an advanced automotive tinting system and colour software and carries a supply of paint tools and applications. In 2012, Berger Paints Nigeria Plc partnered with KCC Corporation, the largest heavy duty coating manufacturing company in South Korea. The partnership facilitates the supply quality, durable coatings for the marine and protective sectors. The company was established in 1959 by Lewis Berger, a German colour chemist who founded the Berger Paints’ dynasty in London in the late 1970s. Its head office is in Lagos, Nigeria. Berger Paints Plc is listed on the Nigerian Stock Exchange
FMBcapital Holdings Plc (FMBCH.mw) listed on the Malawi Stock Exchange under the Banking sector has released it’s 2009 annual report.For more information about FMBcapital Holdings Plc (FMBCH.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the FMBcapital Holdings Plc (FMBCH.mw) company page on AfricanFinancials.Document: FMBcapital Holdings Plc (FMBCH.mw) 2009 annual report.Company ProfileFMBcapital Holdings (FMBCH) is the Mauritius based holding company for the FMBcapital Group and was listed on the Malawi Stock Exchange in September 2017 following a one for one share swap with First Merchant Bank of Malawi shareholders. FMBCH has banking and finance operations in Botswana, Malawi, Mozambique, Zambia and Zimbabwe. It is primarily an investment holding company with interests as follows: First Capital Bank, Malawi – 100% (established June 1995)First Capital Bank, Botswana – 38,60% (established July 2008)Capital Bank Mozambique – 70% (acquired June 2013)First Capital Bank, Zambia – 49% (acquired June 2013)First Capital Bank in association with Barclays – 62% (acquired October 2017) Through its subsidiaries, FMBCH offers a comprehensive range of financial products and services to both corporate and retail sectors. The Global Credit Rating Co. has consistently given FMB an annual Long Term Rating of A+ and a Short Term Rating of A1 since 2007. FMBcapital Holdings Plc is listed on the Malawi Stock Exchange
Golden Star Resources Limited (GSR.gh) listed on the Ghana Stock Exchange under the Mining sector has released it’s 2015 presentation results for the second quarter.For more information about Golden Star Resources Limited (GSR.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Golden Star Resources Limited (GSR.gh) company page on AfricanFinancials.Document: Golden Star Resources Limited (GSR.gh) 2015 presentation results for the second quarter.Company ProfileGolden Star Resources Limited is a gold mining and exploration company which owns and operates the Wassa open-pit gold mine and Wassa underground mine in Ghana as well as a carbon-in-leach processing plant located near Tarkwa, Ghana. The gold mining company also has interests in the Bogoso gold mining and processing operation, Prestea open-pit mining operations and the Prestea underground development project located near Prestea, Ghana. Golden Star Resources Limited holds and manages interests in various gold exploration properties in Ghana and Brazil. Its headquarters are in Toronto, Canada. Golden Star Resources Limited is listed on the Ghana Stock Exchange
Tagged with: Comic Relief Funding Technology AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis28 324 total views, 3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis28 About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. 323 total views, 2 views today “We are delighted to be announcing this three-year commitment to co-fund the Tech for Good programme with Paul Hamlyn Foundation. Tech for Good has supported innovative and impactful projects to date, and offered opportunities for learning and sharing across the sector. We look forward to continuing with this area of work, and the impact it will undoubtedly have for the organisations we will fund, and their service users.”The next application round will be open from 11 February to 25 March. The application will go live here, and more details can be found on the Tech for Good Hub. Paul Hamlyn Foundation and Comic Relief are to continue running the Tech for Good programme for another three years, offering funding totalling £2.4 million.The Tech for Good fund supports not for profit organisations that are using technology to deliver new ideas and improve services. Comic Relief and Paul Hamlyn Foundation have already co-funded two rounds of Tech for Good, in 2017 and 2018. The 2018 round saw 13 successful applicants, including Addaction, The Children’s Society, The Developer Society, and Elizabeth Finn Care win funding of up to £47,000 each.As part of the programme, funded partners also receive access to support from experts and advisors, and the opportunity to collaborate and share learning with other teams.Previously funded projects have included the development of a Braille e-reader, a programme to digitise food vouchers for fruit and vegetable markets, and an app to help young people who sleep rough find a safe place to stay.Moira Sinclair, Chief Executive of Paul Hamlyn Foundation said:“Tech for Good has stimulated inspired digital responses to a range of social issues – and our involvement has also helped us as a Foundation to better understand the potential of digitally focused solutions. We are pleased to be making a longer term commitment to this valuable partnership with Comic Relief, and look forward to seeing how these innovative projects evolve as the fund continues.”Comic Relief’s CEO Liz Warner added: Advertisement Melanie May | 25 January 2019 | News Paul Hamlyn Foundation & Comic Relief announce £2.4m Tech for Good fund
The Best Markets For Residential Property Investors 2 days ago Share Save Subscribe Tagged with: avoiding foreclosure FHFA Principal Reduction The Best Markets For Residential Property Investors 2 days ago April 21, 2016 1,300 Views Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago About Author: Xhevrije West in Daily Dose, Featured, Loss Mitigation, News Assessing the Full Impact of Principal Reduction avoiding foreclosure FHFA Principal Reduction 2016-04-21 Brian Honea Previous: Is Securitization All It’s Cracked Up To Be? Next: Castro Calls Out Trump for ‘Prejudice’ The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Assessing the Full Impact of Principal Reduction Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Federal Housing Finance Agency’s (FHFA’s) recent announcement about the new Principal Reduction Modification program brought both praise and concern from the industry, just as the Agency expected.According to an announcement from the FHFA, Fannie Mae and Freddie Mac will soon be required to offer principal reduction to certain seriously delinquent, underwater borrowers that are grappling with the after effects of the crisis.FHFA Director Mel Watt stated, “This plan will no doubt be viewed by some as too small and too late and viewed by others as too large and unnecessary. However, the plan is consistent with FHFA’s statutory obligation to ‘maximize assistance for homeowners’ by providing some borrowers what could well be their final opportunity to avoid foreclosure. It is also consistent with our statutory obligation to provide this assistance in ways that we reasonably expect will not have adverse economic consequences for the Enterprises. By meeting both of these statutory obligations, the program satisfies my commitment to implement a principal reduction plan only if we could structure one that would be a ‘win-win’ for both borrowers and the Enterprises.”Elyse Cherry, CEO of Boston Community Capital, sat down with DS News to voice concerns and pitfalls within the FHFA’s Principal Reduction Modification program and how the Agency should address them.DS News: How effective will the FHFA’s principal reduction program be in reducing foreclosures? What can be done, in your opinion, to further efforts from the FHFA?Cherry: We have believed and have been talking for many years about the fact that we think the only way to get a number of homes that are currently underwater and have mortgages and default back into regular payment is through principal reduction. The reason is because income has been flat in many parts of the country for a very long time now. Now that income has been reconnected to mortgage size, unless it goes up in pretty dramatic ways, its hard to see that mortgages and therefore it’s hard to see that house prices can go up.The idea that we are going to get out of the underwater situation, as a result of substantial appreciation over time is magical thinking. It doesn’t have any relationship to either what we’ve seen over last four to five years or what anybody is projecting with respect to income appreciation and therefore larger mortgages and therefore the potential to buy homes at a higher price. A 2013 study from the U.S. Congressional Budget Office showed that principal reduction was a more cost effective way to deal with underwater homeowners or are in default or foreclosure on their mortgage loans, and in the end would cost taxpayer less. So there’s solid support for the FHFA doing that.The challenge is while we’re delighted that the FHFA is doing something, the idea that it’s limited to 33,000 loans is just really a drop in the bucket, Depending on what source you look at, there are somewhere between four and six million loans in this country that are still underwater. Some substantial number of those may be in foreclosure or at risk of foreclosure. Even though I understand that a lot of these loans may not be Fannie Mae of Freddie Mac loans, nonetheless, the GSEs are in a position in which they could take a real leadership position in the mortgage loan industry and be far more aggressive in terms of sorting out their own loans that are in default or foreclosure.Principal reduction is absolutely key to sorting out the rest of the foreclosure crisis. The country has moved on in terms of our focus and interest, but in fact, this crisis continues to play out, particularly in lower-income communities, and I would like to see the FHFA be far more aggressive in terms of their approach to principal reduction.DS News: What effect will this program have on others in the industry? How will it affect the GSEs bottom line?Cherry: The 2013 survey from the U.S. Congressional Budget Office concludes that principal reduction is a more cost-effective approach than foreclosure. The core problem here is of you have a home that’s worth $200,000 and a mortgage for $400,000, no one is going to pay $400,000 to pay up that mortgage. I don’t care who you sell it to, you can put up for auction or sell it in the ordinary course, no one is going to pay anything but the current market price for the home.Those losses are baked in. The only way to get out from under it is to have so much appreciation in the home that it then comes back up to roughly the size of the mortgage. We are not seeing that in low-income communities due to incomes not rising. The other thing to think about is that low-income people as a rule pay a much higher percentage of their income for housing expenses. They don’t have a lot of room to go up. If we’re talking about someone in a wealthy suburb that has a mortgage at 20 percent of the overall value of the home and it’s a small percentage of their overall income, there is plenty of room for the home price to appreciate. But if people are already paying 40 percent and more of their income, there’s no room and they can’t afford to pay anymore. The question that I would ask is how anyone thinks that we’re actually going to obtain full value on home in which the mortgage is substantially higher than the market price. If someone really wants to say that the way we’re going to obtain full value is waiting for that home to appreciate, I would really like to see some numbers because everything I have seen so far suggests that we will not see that form of appreciation for many, many years, if ever. This is the problem that exists.DS News: The principal reduction program does have limitations for the size of the mortgage? Does this pose an added issue for the program?Cherry: The mortgage size limitations pose another issue. The challenger is that the mortgages that are on default or foreclosure often have nothing to do with the actual current market value of the home. So limiting people by the size of the mortgage seems to me would be the wrong approach. It would make much more sense if they need to put a limit in this to limit the value of the home. You might have someone that is completely eligible, but the fact that the mortgage is so much more would render them ineligible. Essentially, it will be very hard to apply this program to communities that have the biggest run up in price and then the biggest drop subsequent to the bubble. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Print This Post
Pinterest Nine til Noon Show – Listen back to Monday’s Programme By News Highland – August 23, 2019 Facebook Outrage as more bilingual signs defaced in West Donegal Twitter Google+ AudioHomepage BannerNews Community Enhancement Programme open for applications Pinterest Google+ WhatsApp There’s further outrage as its emerged more bilingual signs in West Donegal have been defaced.The vandalism was discovered yesterday morning with one the signs targeted just a short distance from Donegal Airport.Local Councillor Michael McClafferty has condemned the defacement of the English language on the signs.Last week, fellow Councillor, Micheal Cholm MacGiolla Easbuig refused to condemn the spate of defacement and said he doesn’t believe it will hinder tourists.However, Councillor McClafferty has appealed to those responsible to desist:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/08/mcclafffgdfgdfgerty1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Loganair’s new Derry – Liverpool air service takes off from CODA Twitter WhatsApp News, Sport and Obituaries on Monday May 24th Important message for people attending LUH’s INR clinic Arranmore progress and potential flagged as population grows Previous articleFAI Cup Preview – Glengad Manager Shane ByrneNext articleQuestions over no money for road upkeep on Donegal’s islands News Highland RELATED ARTICLESMORE FROM AUTHOR Facebook
Wearing ties too tight can damage your eyesightOn 5 Aug 2003 in Personnel Today Previous Article Next Article Comments are closed. Advocatesof dressing down in the office have been handed more ammunition after newresearch reveals that wearing a tie can damage your eyesight.Astudy in the British Journal of Ophthalmology finds that wearing a tieincreases the danger of the serious eye condition glaucoma, which can severelyaffect vision.Tightnessaround the neck restricts the jugular vein, which raises blood pressure,particularly in the eyeball. Glaucoma occurs when liquid excreted from around the lens and the iris cannot drainproperly, and the optic nerve can be damaged.Thestudy said: “A tight necktie can be considered a risk factor [for] men whoprefer to wear tight neckties, men with thick necks and white-collarprofessionals.”Researchersin New York have found that 60 per cent of those studied with glaucoma, and 70per cent of those with healthy eyes suffered an increase in internal eyepressure after wearing a tie for three minutes. Related posts:No related photos.