“Sign, sign, everywhere a sign…”

first_imgShare on Facebook Tweet on Twitter UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Good thought E.J., sometimes the signs might not be as obvious as we might wish. There have been those times in life when we have ignored the figurative “BAD DOG!” signs and ended up getting bit. Travel at your own risk!InspirationBy Charles TowneThe last time I was in the Rockies I was impressed by the number and variety of warning signs on the various mountain roads.  One sign, in particular, got my attention, it declared in large letters, “WARNING, WATCH FOR FALLING ROCKS!”I was following a dump truck around a series of hairpin curves when suddenly, and with no warning, a boulder, about the size of your car’s engine smashed into the roadway ahead of me.  I slammed on my brakes and sat there in shock wondering what was going to happen next.  Then I had an interesting thought.“What if I am sitting on ground zero for the next rock?”With that pleasant thought, I bailed out of my rental leaving it to the vagaries of fate. Three other erstwhile travelers soon joined me, and with much grunting and groaning, and a few choice expletives, we were able to roll the rock over to the side of the road and watch as it plummeted into the stream some two hundred feet below.  After that experience, I perceived the warning signs as serious.  I had not paid much attention to the sign warning of avalanche danger before my episode with that boulder.  I mean, what could be worse than being smitten by a big boulder?Well, how about being smitten by a whole bunch of big boulders?Then there was, FLASH FLOOD WARNING, and, TRAVEL AT OWN RISK, and ICE ON ROAD, not to be diminished in any way by the sign that read WARNING!  AVALANCHE CONTROL USING LONG RANGE WEAPONRY!  Suddenly I got the idea that just perhaps they were going to use me for artillery practice!And then I saw the sign that got my attention.In a drastic understatement it declared, HAZARDOUS DRIVING CONDITIONS NEXT TWENTY MILES!  I concluded that whoever made those signs had to have a very sick sense of humor.  What is it about humans that make us disregard the warning signs of life?  We know certain things are harmful to us, and yet we go ahead and do whatever it is anyway.  God has given us warnings signs, not to be cruel or vindictive, but because He loves us.  And He has also given us the intelligence to avoid the dangers that the highway of life may offer.Please, this is your life, TRAVEL AT YOUR OWN RISK!Live simply,Love generously,Trust God, and make a difference, today.Charles Towne is a longtime Apopka resident, member of Insp!re Church and a published author. LEAVE A REPLY Cancel reply 2 COMMENTS Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom EJ Please enter your comment! April 23, 2017 at 9:14 am How many SIGNS have have I ignored today?center_img Reply Reply You have entered an incorrect email address! Please enter your email address here Florida gas prices jump 12 cents; most expensive since 2014 May 26, 2017 at 11:15 am TAGSCharles TowneInspiration Previous articleConfessions of an image-conscious achiever typeNext articleDoes CNN’s quiz really test your knowledge of Christianity? Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here charles towne Save my name, email, and website in this browser for the next time I comment.last_img read more

The Ross Skeate Diary – Contract Negotiations 101

first_imgThursday Feb 11, 2010 The Ross Skeate Diary – Contract Negotiations 101 Ross is back with another interesting diary entry for RD today. This week he’s back in Cape Town, thinking out loud about Charlize Theron, rugby players being old at 27, and Jacob Zuma’s five wives. There’s a little bit about contracts in there too. Hello from Cape Town! No I havent returned to the Stormers, but weve got a week off and my brother is getting married. Quite convenient really.But while thats happening its the time of year when the casual and not so casual back and forth of contract negotiations takes place. Or as I like to refer to it: “What the hell is going on!?”It’s at this stage of the European season where it’s all about contract negotiations and recruiting. I can almost hear the simultaneous smacking of every agent’s lips as we speak.Of course this is something that the public is somewhat privy to. The huge media saturation of the multi-million Pound and Euro signings of soccer stars – and some big name rugby stars too – have all added to the cause.Mourad hasn’t mentioned anything about my offer yet by the way (see last weeks column) – I knew I should have bought him the Marge Simpson edition of Playboy instead. He is after all, into comics.But I digress, basically it’s now that the clubs across the UK and Europe will be recruiting new players and re-signing new deals. The UK is admittedly a lot quicker on the draw than France, but our club for example has seen the renewal of contracts like Jonny Wilkinsons and Joce Suta’s, as well as a few newbies packing their berets and cheese boards for a southern French move.Of course the major questions on everyones lips – there’s that smacking noise again – is the permutations with regard to the quota’s recently instituted in the French league. Those aren’t just the quotas requiring 40% of each squad to be French nationals this year (I think it’s 40%, and re-nationalized individuals also count), but also a new tax structure making each player that much more expensive for each club. Get it? Well its got some of us wondering tooThe first quota I can understand but the new taxing requirements just seem like an attempt at controlling the large amounts of cash in some contracts. Note to self: renegotiate fee with Mourad to maybe only 1.1 million Euro. Either way they are here to stay, the quotas that is and not distribution of the Marge Simpson edition Playboy’s, and stay they shall, just like Jacob Zuma’s five wives.The first quota, the one to do with the amount of French Nationals in each squad, rises from year to year. This of course affects the smaller, ‘younger’ clubs more so than it does the established big name clubs like Toulouse, Clermont etc and that’s because those clubs are the primary breeding grounds for the French National team.They contain the majority of the best French players in the country (their stated ambition is to develop or buy the best young French talent). And ‘newer’ clubs, ‘newer’ as in newer to the Top 14 and non-Heineken cup playing clubs like Toulon, and Racing-Metro, who have a number of non-French players, shall have a tougher time of it.But then this seems to be a symptom of the difference between the French domestic set up and the UK one (and South Africa and New Zealand for that matter). With the lack of salary cap and less stringent tax laws in France, there has certainly been a large influx of foreign players into the country.Great weather, a strong Euro, and a flourishing rugby culture are just a few things that help that transition and so this then becomes a problem in some areas when people feel that foreign internationals are stunting the growth of young French talent as a result. Thus we see the institution of the quotas, which I have to admit I do agree with.Of course in a country such as England, with clubs being privately owned as in France, a few of the same issues arise, but the lure of the English market has proven less powerful than that of the French for the time being. Continued… :: View article on single page :: ————————————————————————————————————– Ross, who’s played for the Stormers and the Barbarians, has a really interesting website that features plenty of behind the scenes photos, podcasts, and latest news on life with Toulon. We’ll hear back from him soon, but until then, check out www.RossSkeate.com .ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedGranny Stuns Doctors by Removing 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 MarryNueeyHere’s What That Tiny Hole Next to Your Iphone Camera Actually DoesNueeyYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyThe 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

The Oaks / SOUP Architects

first_imgCopyAbout this officeSOUP ArchitectsOfficeFollowProductsWoodSteelBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesLondonHousesUnited KingdomPublished on September 05, 2013Cite: “The Oaks / SOUP Architects” 05 Sep 2013. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogShowershansgroheShower MixersVinyl Walls3MExterior Vinyl Finish – DI-NOC™ Abstract EarthPartitionsSkyfoldMarkerboard Finish for Folding WallsPanels / Prefabricated AssembliesKingspan Insulated PanelsInsulated Wall Panels – Designwall R-seriesWoodBruagRoom Acoustics – Interior Cladding PanelsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsConcreteKrytonCrystalline Waterproofing – KIMBricksNelissenSpecial Bricks – Slips and HalvesCeramicsTerrealTerracotta cladding in Le TrèfleEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEASideboardsUSMLow Shelving – HallerTable LampsLeds-C4Lighting – ElampMore 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 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/424231/the-oaks-soup-architects-ltd Clipboard ArchDaily “COPY” photographs:  Richard BrinePhotographs:  Richard BrineSave this picture!© Richard BrineRecommended ProductsPorcelain StonewareCosentinoSurfaces – Dekton® Chromica CollectionWoodGustafsWood Veneered Wall & Ceiling PanelsPorcelain StonewareApavisaFloor Tiles – RegenerationPlasticsRodecaTranslucent Building Elements in Interior DesignText description provided by the architects. Built in 1610 as the stable block to Ham House, the Grade II listed building, which forms one wing of Ham House Stables, was converted into two residential units during the 1970s.Save this picture!© Richard BrineIn the late 1990s Foster + Partners refurbished one unit and installed a modern steel and glass structure wrapped around the existing oak frame to create a split level house over three floors.Save this picture!© Richard BrineThe project extends this refurbishment to provide additional living areas and a reconfigured bedroom arrangement that unifies the two units as one coherent house. The master bedroom has been brought down to the mezzanine level to create a private suite and the children’s bedrooms have been reconfigured on the upper roof level.Save this picture!© Richard BrineThe refurbishment has retained the existing internal oak structure, restored the property’s landmark chimney attached to the southern elevation and re-instated many of the buildings lost features, including the original blacksmiths fire.Save this picture!© Richard BrineInternally a mezzanine level has been removed to create a double height living room focused around the new open fire.Save this picture!© Richard BrineA fully integrated heating, lighting, audio and visual system has been installed that allows complete control from any networked phone/computer in house or remotely from anywhere globally.Save this picture!DetailProject gallerySee allShow lessUrban Planning Lessons from the World’s Largest (Temporary) CityArchitecture NewsHouse in Itami / Tato ArchitectsSelected Projects Share Houses CopyHouses•London, United Kingdom Projects “COPY” Save this picture!© Richard Brine+ 24 Share Architects: SOUP Architects Photographs United Kingdom The Oaks / SOUP ArchitectsSave this projectSaveThe Oaks / SOUP Architects The Oaks / SOUP Architects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/424231/the-oaks-soup-architects-ltd Clipboardlast_img read more

Casa dos Caseiros / SAMF Arquitectos

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/561033/casa-dos-caseiros-samf-arquitectos Clipboard Save this picture!© José Campos+ 23 Share “COPY” Year:  2014 Year:  photographs:  José Campos Photographs:  José Campos Colaboration:Marta LourençoArea Of The Property:63 037m2City:Mesão FrioCountry:PortugalMore SpecsLess SpecsSave this picture!© José CamposRecommended ProductsLightsLouis PoulsenLamps – AJ CollectionWoodGustafsWood Veneered Wall & Ceiling PanelsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsWoodTechnowoodPergola SystemsText description provided by the architects. This small house is at the entrance of Quinta da Boavista, Mesão Frio in the Douro Valley, set in a dramatic landscape transformed by man over the centuries to produce wine. It houses the caretaker and is the first phase of an intervention that will expand and refurbish the existing buildings for agriculture and tourism.Save this picture!© José CamposThe house replaces an existing agricultural construction. It is the reinterpretation of a vernacular typology composed of simple volumes set at a right angle to the stone wall of the terraces that shape the landscape. Upon arrival at the estate, the house sits at the entrance, slightly detached but perfectly integrated into the group of constructions that possess a strong homogeneous character. This character is given by the simple white volumes covered with ceramic roof tiles, retaining walls in local stone, wooden trellis and remaining carpentry painted a deep blue.Save this picture!SectionSave this picture!SectionStill, as much as this building relates directly to this vernacular tradition, in line with the client’s wish and the desire to maintain the fragile balance and consistency of this cultural landscape, it also relates to the modern tradition, providing an openness of interpretation, with a subtle reworking of details which tend to give a more abstract and ambiguous character to the whole.Save this picture!© José CamposThe spatial organization is simple and compact. The entrance is set back inside a porch, framing the view over the river Douro. Inside, we sought to make the spaces coincide with the outside form, with the simplest possible division and no transitional or circulation spaces. One volume houses the main living space and kitchen, all under the vault of the roof, and the other volume, slightly smaller in scale houses two bedrooms. The bathroom occupies the space left over from the entrance porch and its secret storage space overhead.Save this picture!Floor PlanPart of the charm of this type of building, as is the case with gatehouses, lies in deliberately adopting a small scale. An effort was made in keeping the edges of the roofs as low as possible, which, in contrast with the height at the centre of the rooms, accentuates their spaciousness despite their small physical size.Save this picture!© José CamposProject gallerySee allShow lessMAD Architects Unveils Mountainous Design for Lucas Museum in ChicagoArchitecture NewsVideo: French Cities Come to Life in Mayeul Akpovi’s Time-Lapse MoviesVideos Share ArchDaily “COPY” CopyAbout this officeSAMF ArquitectosOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRenovationMesão FrioHousesRefurbishmentRenovationPortugalPublished on November 02, 2014Cite: “Casa dos Caseiros / SAMF Arquitectos” 02 Nov 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogFaucetshansgroheKitchen Mixers – Aquno Select M81Vinyl Walls3MVinyl Finishes in HealthPartners Regions HospitalPartitionsSkyfoldWhere to Increase Flexibility in SchoolsCoffee tablesBoConceptMadrid Coffee Table AD19SkylightsLAMILUXFlat Roof Exit Comfort DuoMetallicsTrimoMetal Panels for Roofs – Trimoterm SNVSkylightsVELUX CommercialModular Skylights in Atelier Zimmerlistrasse OfficeStonesNeolithSintered Stone – Iron Moss – Iron CollectionCeramicsTerrealTerracotta Facade in Manchester HospitalWoodBlumer LehmannConsulting and Engineering in Wood ProjectsGlassBendheimLuminous Mirrored GlassWire MeshTwentinoxMetal Mesh – Golf Romeo 7More products »Read commentsSave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 2014 Houses Portugal Projects Casa dos Caseiros / SAMF ArquitectosSave this projectSaveCasa dos Caseiros / SAMF Arquitectos ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/561033/casa-dos-caseiros-samf-arquitectos Clipboard Area:  70 m² Area:  70 m² Year Completion year of this architecture project Casa dos Caseiros / SAMF Arquitectos Architects: SAMF Arquitectos Area Area of this architecture project CopyHouses, Renovation•Mesão Frio, Portugal Photographslast_img read more

Women, Wealth and Giving: The Virtuous Legacy of the Boom Generation

first_img Howard Lake | 19 November 2008 | News  26 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Giving/Philanthropy womencenter_img Women, Wealth and Giving: The Virtuous Legacy of the Boom Generation About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Commentary: Dealing with my reflection – Female student athletes and body image

first_imgTCU parking “horror stories”: Students recount their parking difficulties Twitter TCU places second in the National Student Advertising Competition, the highest in school history ReddIt Meagan Thompson printFemale student athletes often feel like they are being pulled in different directions when it comes to sports and beauty. “I don’t like women who are: _____” Fill in the blank.Bulky. Muscly. Big. Broad. Mannish. If you Google search “Female athletes” and click images, you will have vast options for half naked female athletes. The next three suggestions for related images are: “hot,” “famous” and “thick.”Female student athletes often deal with the double standard of athleticism vs. beauty. We are told that to be relevant, we must not only perform our sport well but look good doing it.And unsurprisingly, this leads to body image issues and problems like eating disorders. In fact, according to nationaleatingdisorders.com,  “Three risk factors are thought to particularly contribute to a female athlete’s vulnerability to developing an eating disorder: social influences emphasizing thinness, performance anxiety and negative self-appraisal of athletic achievement.” When society only focuses on ‘conventionally’ attractive female athletes, it perpetuates the narrative that people only care about you or your athletic ability if you’re pretty.Any athlete, regardless of gender, can experience performance anxiety. This anxiety coupled with negative athletic performance (like not achieving a personal best or a loss) can lead to eating disorders. I’ve experienced this conflict first hand through some of my teammates. The desire to be thin but still be a successful athlete are two opposing forces.This isn’t to say that female athletes aren’t thin, but when competing at the Division 1 level– you have to eat. I’ve watched teammates skip meals, or say things like “I don’t deserve food.”  I’ve watched them skip reps in the weight room for fear of “becoming too big.” I’ve seen them pass out due to lack of food coupled with the hours of exercise they had done that day. I listened to them fret about their suit sizes and compare their bodies to the ‘perfect’ bodies of Olympians.  It only gets worse if you’re in an “aesthetic sport.”Female student-athletes in aesthetic sports like dance, gymnastics, cheerleading, swimming and figure skating, have a higher percentage of eating disorders than those in non-aesthetic sports. A study done by Sundgot-Borgen and Torstveit found that female athletes competing in aesthetic sports show higher rates of eating disorder symptoms (42 percent) than are observed in endurance sports (24 percent), technical sports (17 percent) or ball game sports (16 percent).”During my time at TCU, I and some female athletes met in a seminar to address this issue of body image. At the beginning, we were told to list the things that society physically considers beautiful. And our list was as hilarious as it was contradictory. You had to be thin but still thick, take care of yourself but not try too hard, and be athletic but not bulky.This is the kind of conflict that goes on with female student athletes. Not even the great Serena Williams has escaped scrutiny surrounding her appearance. Never mind her 23 Singles Grand Slam titles or her Olympic gold medal. New York Times’ Ben Rothenberg has been quoted saying “Williams…has large biceps and a mold-breaking muscular frame.”In 2009 Jason Whitlock said Williams was “arguably pushing 175 pounds” and somehow continued to say, “She’d rather eat, and half-ass her way through non-major tournaments.”Similar things have been said about female athletes particularly in sports like women’s basketball and powerlifting.Personally, I can say there were times I had to look at my reflection and remind myself that I was an athlete, I had a job to do and food was fuel.And it might come as a shock to some of those who know me but there were times that looking in the mirror was a struggle.It can be tough being in a sport that has such a revealing uniform, those swimsuits don’t hide much. And it’s easy to look at the girl next to you or on the team you’re competing against and compare yourself. So why do female student-athletes continue to starve themselves or sit out on reps? Because there’s this idea that it’s okay to sacrifice some athletic potential because at least you’ll look good doing it. And there will continue to be this problem until we, as a society, can focus on the deeds of the athlete instead of how she fits into her uniform. Welcome TCU Class of 2025 + posts Some athletes struggle with feeling aesthetically beautiful while training for their sport. Linkedin Linkedin Meagan Thompsonhttps://www.tcu360.com/author/meagan-thompson/ MAN ON THE STREET: What do TCU students want built on campus? Previous articleCelebrity Dish (Ep. 21 – Zayn and Gigi, Bachelor Arrest and more)Next articleThe Skiff: April 27, 2017 Meagan Thompson RELATED ARTICLESMORE FROM AUTHOR Out of options: Voters consider third party candidates Applause for Richard Sherman defending the stress of student athlete life ReddIt Meagan Thompsonhttps://www.tcu360.com/author/meagan-thompson/ Twitter Meagan Thompsonhttps://www.tcu360.com/author/meagan-thompson/ World Oceans Day shines spotlight on marine plastic pollution Facebook Meagan Thompsonhttps://www.tcu360.com/author/meagan-thompson/ Meagan is a sports broadcasting major and journalism minor. She is a member of the TCU Swim Team. You can normally find her at any TCU sporting event. Facebooklast_img read more

Journalists face mounting obstacles and threats to their work

first_img IraqMiddle East – North Africa RSF_en News Organisation Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan Three jailed reporters charged with “undermining national security” News December 28, 2020 Find out more September 25, 2003 – Updated on January 20, 2016 Journalists face mounting obstacles and threats to their work News to go furthercenter_img News IraqMiddle East – North Africa February 15, 2021 Find out more RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” Follow the news on Iraq Receive email alerts Reporters Without Borders strongly condemned today’s blast outside a hotel housing the Baghdad bureau of the televison network NBC and called for an investigation into the bombing, the first involving a US news organisation’s base in Iraq.The organisation also voiced deep concern about the call to order issued by the transitional Iraqi Governing Council in the form of a series of instructions to news media operating in the country. The council decreed the new rules on 23 September at the same time as it sanctioned the Arabic TV stations Al-Jazeera and Al-Arabiya.The council appears to be opting for a threatening and repressive approach to the news media, allowing them only “conditional freedom,” Reporters Without Borders said.The new instructions add little to the decree issued in June by the US administrator in Iraq, Paul Bremer, banning “incitement to violence.” They use extremely vague terms such as “inciting disorder” that could apply to almost anything. Furthermore, they do not specify the punishments for violators or whether there is any possibility of appeal.Without endorsing the editorial line being followed by some news media in Iraq, Reporters Without Borders can only condemn the council’s desire to restrict and control news coverage. This will not solve the problem of the terrorist attacks whose victims include Iraqi authorities, Americans and the civilian population.The news media should obviously be professional and responsible in their reporting of the news and there are often limits which journalists choose not exceed spontaneously and because they are indicated in international codes of conduct such as the Munich Charter.It is furthermore unacceptable that significant and draconian restrictions should be decided by a government rather than a professional ethics commission or a press council chosen by the news media themselves and consisting of news media representatives.Reporters Without Borders advises against suspending news media, closing news bureaux or expelling journalists, as this would be contrary to the promises made to the Iraqi population to respect basic freedoms, which include press freedom.Journalists are all the more aware of the security problems in Iraq after today’s bombing outside the Al-Aike Hotel in Baghdad in which journalists were for the first time among the victims of such an attack. The blast killed a hotel employee and injured two others, including NBC soundman David Moodie, who sustained a minor hand injury. NBC’s staff have been evacuated from the hotel.NBC correspondent Jim Avila said there was nothing outside the hotel to indicate there was an US television network bureau inside. NBC had not received any threat, either. It was too soon to say if the US journalists were deliberately targeted, but residents in the neighbourhood said it was no secret that Americans and journalists were staying in the hotel. Help by sharing this information December 16, 2020 Find out morelast_img read more

Delinquencies Could ‘Jump Significantly’ with Rising Unemployment

first_imgAt the start of the year, just 3.5% of mortgage loans were in some stage of delinquency, according to the CoreLogic Loan Performance Insight Report released Tuesday. That’s down from 4.0% a year earlier, marking a 21-year low for the report. Just 1.2% of loans were seriously delinquent—90 or more days past due—which is down slightly from 1.4% last year and the lowest level recorded since April 2000. The percentage of loans in foreclosure was 0.4% in January, matching the rate from a year ago. Early-stage delinquencies—those between 30 and 59 days past due—accounted for 1.7% of loans, which is down slightly from 1.9% a year earlier. After noting that “home loan delinquency and foreclosure rates were the lowest in a generation before the COVID-19 pandemic hit,” Frank Nothaft, Chief Economist at CoreLogic, went on to say, “recession-induced job losses will fuel delinquencies.”Recent CoreLogic research found that homeowners have an average of $177,000 in home equity. This equity and the forbearance programs available to homeowners will serve as a “buffer,” preventing “wide-spread foreclosures,” Nothaft said. However, even with these buffers, Frank Martell, President and CEO of CoreLogic, expects “delinquency rates to jump significantly throughout the year as the economic toll from COVID-19 becomes more evident.” He predicts regions with economies steeped in energy, transportation, and media and entertainment will fare the worst. “The ultimate extent of the higher delinquencies will depend on how quickly the broader economy opens up again and employment levels rebound – both of these factors are uncertain at this time,” Martell said. Meanwhile, Black Knight Financial Services said in its latest Mortgage Monitor Report that if unemployment reaches 15%, 3.5 million more mortgages could fall into delinquency if the relationship between unemployment and delinquency follows a similar pattern as the Great Recession. Luckily, delinquency rates across the nation were low leading into the crisis. The state with the highest percentage of delinquent loans was Mississippi with a rate of 6.9%. The state with the lowest delinquency rate was Colorado with a rate of 1.5%No state experienced an increase of serious delinquencies in January. The highest serious delinquency rates were recorded in Mississippi and New York, where 2.4% of loans were seriously delinquent in January. Louisiana trailed them with a 2.3% serious delinquency rate. The list of top 10 states for serious delinquencies were rounded out by Maine, Maryland, New Jersey, Alabama, Arkansas, Connecticut, and Delaware, all of which had rates of 1.8% or 1.7%. When comparing the 10 largest metros in the nation, CoreLogic found that Miami had the highest overall delinquency rate at 4.8%, while San Francisco ranked lowest at 1.1%. In terms of serious delinquencies, 11 major metros experienced an increase, while 43 metros experienced no change in their serious delinquency rate. At a national level, the share of loans that transitioned from current to 30 days past due was 0.8% in January. Meanwhile, 14.9% of loans that started out 30 days past due in January transitioned to 60 days past due, and 24.9% of those that were 60 days past due transitioned on to being 90 days past due or in serious delinquency status.   in Daily Dose, Featured, Foreclosure, News Sign up for DS News Daily  Print This Post April 14, 2020 2,430 Views Demand Propels Home Prices Upward 2 days ago About Author: Krista F. Brock Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Delinqiency Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Delinqiency 2020-04-14 Mike Albanese The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Subscribe Share Save Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Delinquencies Could ‘Jump Significantly’ with Rising Unemployment Previous: 3.5 Million New Mortgage Delinquencies Possible Next: GSEs Report 4.42M Preventive Actions Since Conservatorship Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Delinquencies Could ‘Jump Significantly’ with Rising Unemployment Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Writ Petition Maintainable Against Private Bank For Enforcement Of RBI Circular On Loan Moratorium : Karnataka HC [Read Order]

first_imgNews UpdatesWrit Petition Maintainable Against Private Bank For Enforcement Of RBI Circular On Loan Moratorium : Karnataka HC [Read Order] Mehal Jain9 July 2020 11:11 PMShare This – xThe Karnataka High Court on Wednesday ruled that a writ Petition under Article 226 of the Constitution of India is maintainable against private banks as regards implementation of the loan moratorium announced by the Reserve Bank of India in the wake of lockdown. Immediately after Lockdown 1, the RBI issued a Circular dated 27.03.2020 permitting all lending institutions – commercial…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Karnataka High Court on Wednesday ruled that a writ Petition under Article 226 of the Constitution of India is maintainable against private banks as regards implementation of the loan moratorium announced by the Reserve Bank of India in the wake of lockdown. Immediately after Lockdown 1, the RBI issued a Circular dated 27.03.2020 permitting all lending institutions – commercial Banks (including regional rural Banks, small finance Banks, local area Banks), Co-operative Banks, All India Financial Institutions and NBFCs (including Housing Finance Companies and Micro Finance Institutions) – to grant a moratorium of three months on payment of all term loan instalments falling due between March 1st 2020 and May 31st 2020. “What is to be seen here is whether the prayers sought for by the Petitioner for implementation of the Circular issued by the RBI would amount to the enforcement of any statutory obligations or obligations of public nature casting a positive obligation upon Respondent banks”, observed the Bench of Justice Suraj Govindaraj. The Single Judge was of the view that the said Circular having been issued “to protect and preserve the economy of the country on account of the COVID 19 pandemic”, the issuance of the Circular is “in the public interest, interest of the economy and the country”. Facts The Petitioner  was in the business of running an Information Technology Park (Technology park or Tech Park) and a 5 star Hotel, both of which have been constructed on the land belonging to the Petitioner. The Petitioner had availed term loan facilities from Respondent Nos.5 to 7 viz., HDFC Bank Limited, Federal Bank and Aditya Birla Finance Limited, totalling up to Rs.475 crores. In view of the lockdown and other measures announced by the Union of India and the State Government, the Petitioner was constrained to shut down its hotel business since the same could not be carried out adhering to the social distancing. However, the Tech Park was being functioned by the tenants of the Tech Park by following the applicable laws. In view of the shut down of the hotel business, the revenues of the Petitioner was adversely effected and as such, the Petitioner applied to Respondents seeking for grant of moratorium “However, Respondent No.5-HDFC Bank vide its letter dated April 6th 2020 had informed the Petitioner that there were rentals which were being received by the Petitioner from the Tech Park, hence the moratorium could not be extended to the Petitioner and therefore rejected the said application”, records the Bench. The judgment further narrates that Respondent No. 5 post rejection of the moratorium application made by the Petitioner, debited the amounts due to it from and out of the Escrow Account wherein the lease rental amount were being deposited by the concerned tenants. This was also followed up with similar debiting by Respondent No.6, debiting being made for the EMIs payable for the months March and April, 2020. Subsequently, Respondent No.7 informed the Petitioner that its loan was secured by way of a pari passu charge and though a request had been made by the Petitioner to all three lenders, Respondent Nos.5 and 6 had been unilaterally appropriating the dues from the rents received from the Technology Park without sharing any portion of the cash flow with Respondent No.7. They suggested that they could consider the request of the Petitioner for moratorium along with other lenders provided Respondent No.5 shares the cash flow in the escrow account proportionately. When the complaint filed by the Petitioner before the Banking Ombudsman was taken up, the Federal Bank-Respondent No.6 submitted that in principle it has no objection for extension of a moratorium to the Petitioner subject however to Respondent No.5 extending a moratorium. In view of the above, the Petitioner once again approached the Respondent No.5 by submitting a representation to consider the request of a moratorium favourably, which was not so considered. “It is in the above background and aggrieved by said actions on the part of the Respondent Nos.5, 6 and 7 that the Petitioner is before this Court”, narrates the Single Bench Writ of mandamus can be issued against a private bank to implement the Circular issued by the RBI dated 27.03.2020? The bench acknowledged that subsequent to the invocation of the DMA apprehending the adverse impact thereof on the economy of the country, the RBI with alacrity had issued the Circular dated 27.03.2020, in order to discharge its above obligation and duty- “The aim, object and intention of the said Circular being to mitigate the burden of debt servicing brought about by disruptions on account of Covid-19 pandemic and to ensure the continuity of a viable business, which is in the interest of the country and as such in the public interest” Noting that the RBI vide its Circular has permitted the grant of a moratorium to all borrowers so as to keep the viable borrowers/businesses running, it was clear to the Court that the Circular is issued in the public interest and any aspect relating thereto would attract a public law element. “The enforcement thereof would also come within the purview of enforcing a public duty”, concluded the bench. The bench was of the view that being related to the enforcement of statutory obligations or obligations of public nature, it cast a positive obligation upon Respondents to implement the same- “In terms of the RBI Circular, a right is created in the Petitioner as a borrower from the Bank to avail a moratorium which has been rejected by Respondent No. 5 and consequently by Respondent 6 and 7, which according to the Petitioner is a violation by them of the said Circular” Hence, the Court asserted that a writ petition would be maintainable against the Respondents in the present facts and circumstances for the enforcement of the public duty under the Circular dated 27.03.2020. Case Title : Velankani Information Systems Ltd vs Union of India and others.Click Here To Download Order[Read Order]Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

SC Seeks Preliminary Report For Closure Of Corruption Case By CBI In Hindustan Zinc’s Disinvestment

first_imgTop StoriesSC Seeks Preliminary Report For Closure Of Corruption Case By CBI In Hindustan Zinc’s Disinvestment Sanya Talwar14 July 2020 8:39 PMShare This – xThe Supreme Court on Tuesday stated that it shall examine as to why the Central Bureau of Investigation took the decision of closing the its probe into allegations of corruption into disinvestment of the Government’s shares in Hindustand Zinc Limited in 2002.A bench of Chief Justice SA Bobde, R. Subhash Reddy & AS Bopanna asked the CBI to place the closure report before Top Court, adding…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Tuesday stated that it shall examine as to why the Central Bureau of Investigation took the decision of closing the its probe into allegations of corruption into disinvestment of the Government’s shares in Hindustand Zinc Limited in 2002.A bench of Chief Justice SA Bobde, R. Subhash Reddy & AS Bopanna asked the CBI to place the closure report before Top Court, adding that while a report had been handed over to the Court in a sealed cover, a final decision with reasoning was not. In light of this, the Court directed that the preliminary report be placed on record and listed the matter for further consideration after two weeks.The bench also refused to let the central government disinvest remaining shares in the PSU by lifting its restraint order of January 2016 wherein the Supreme Court Bench led by then Chief Justice TS Thakur had directed the Central Government to maintain status quo on the proposed disinvestment of the public sector undertaking Hindustan Zinc Limited. This had restricted the Government from initiating any process of further disinvestment of its shares.Today, Advocate Prashant Bhushan appearing on behalf of National Confederation Of Officers Association Of Central Public Sector Enterprises in the instant writ petition stated that the Government was not interested to dispense with requisite details in the case.Bhushan reiterated his submissions which he had made on earlier hearings that even though it was the admitted position of the Government in terms of an affidavit filed by the Ministry of Mines that a disinvestment beyond the requisite limit had been made, a final decision on the inquiry was still pending.Solicitor General Tushar Mehta rebutted this by stating that a final decision has been taken to close the case and no evidence pointing to criminality had emerged.On March 4, a three-judge bench of the Supreme Court comprising Chief Justice SA Bobde and Justices BR Gavai and Surya Kant had given time to Centre till March 6 to make statement on handing over a copy of the CBI closure report in the disinvestment of Hindustan Zinc Limited (HZL).Following this, the matter had been adjourned twice to finally come up for hearing today.HZL is a subsidiary of Vedanta Limited which owns 64.9 per cent stake in the company while the government of India retains a 29.54 per cent stake.The CBI had initiated the preliminary enquiry (PE) into the disinvestments made by HZL in 2013.In 2016, the Supreme Court Bench led by then Chief Justice TS Thakur had directed the Central Government to maintain status quo on the proposed disinvestment of the public sector undertaking Hindustan Zinc Limited. This had restricted the Government from initiating any process of further disinvestment of its shares.Click Here To Download OrderNext Storylast_img read more