More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com KCS-content FINANCIAL TIMESLSE TO RING CHANGES WITH OPENING BELL REVIVALThe London Stock Exchange , whose trading pits disappeared 25 years ago, is reviving the buzz of the opening bell by recreating the ritual in its lobby. Construction starts today on a facility at LSE headquarters, next to St Paul’s Cathedral, that will probably feature an electronic bell and flashing ticker screens.ROLLS-ROYCE TEAMS UP WITH AREVARolls-Royce is to become a strategic partner on France’s new third generation nuclear reactor under an agreement set to be signed on Friday between the aero-engine maker and Areva, the French nuclear group. The deal will allow Rolls-Royce to take part in France’s push to dominate the global nuclear market with its new heavy-duty, 1600MW EPR reactor. Areva’s ambition is to have one third of the global market for new reactors by 2020.TSE LOOKS AT JOINING FORCES WITH OSAKA EXCHANGEThe Tokyo and Osaka stock exchanges, Japan’s two largest exchange groups, plan to meet this month to discuss a merger, amid a heated climate of global consolidation in the industry.VW OFF TO A SLOW START WITH SUZUKIVolkswagen has admitted that its year-old partnership with Suzuki has so far yielded no results, and blamed cultural differences and slow decision making at the Japanese carmaker for the delays. The revelation, made by VW’s chief executive Martin Winterkorn yesterday, exposed how Europe’s top-selling carmaker has hit snags in its aim to gain a foothold in the fast-growing Asian small-car segment – the main reason for buying around 20 per cent of Suzuki.THE TIMESGSK SET TO LAUNCH FIRST LUPUS DRUG FOR 50 YEARSGlaxoSmithKline will launch its first blockbuster drug for more than a decade after a new medicine for lupus was approved by US authorities. Benlysta, the first treatment for the auto-immune disease to become available for more than 50 years, has the potential to bring in more than $3bn in annual sales by 2015 for GSK and its partner Human Genome Sciences, analysts said. IN AN AGE OF AUSTERITY, WHAT PRICE THE CORPORATE JOLLY?Corporate entertainment is back and the most profligate spenders are once again those who work in finance. A new survey on expenses last year shows entertainment is the only category in which we are spending more. An average entertainment claim rose from £85 in 2009 to £93.86 in 2010.The Daily TelegraphROVIO RAISES $42M FROM FACEBOOK BACKERS TO MAKE MORE “ANGRY BIRDS”The creators of Angry Birds, the phenomenally successful iPhone game in which players catapult animated birds into hard hat-wearing pigs, has raised $42m (£26m) to expand overseas and create new games. Rovio has secured cash from Accel Partners.ICAEW: DON’T RUSH GROWTH MEASURESAccountants fear that the Chancellor will propose headline grabbing growth policies in the forthcoming Budget with “no consideration” for their long term affect on the economy. In a letter to George Osborne, the Institute of Chartered Accountants in England and Wales (ICAEW) called for “concrete proposals for long-term growth in the forthcoming Budget – but not at any cost”.THE STREET JOURNALGM FINANCE CHIEF LIDDELL RESIGNSGeneral Motors finance chief Chris Liddell, who often clashed with other executives at the auto maker but won plaudits for rebuilding its troubled finance department, is leaving after just 14 months on the job. Liddell’s departure clears the way for Chief Executive Daniel Akerson and other executives to pursue strategies, such as an effort to rebuild an in-house finance arm, undeterred by Liddell’s dissention.YOUTUBE TO BOOST STAFF BY 30PC THIS YEARYouTube plans to increase staffing by more than 30 per cent this year as the Google video-sharing service rapidly expands around the world. In a blog post, YouTube said the hiring plans are the biggest in its six-year history. YouTube said it is looking for “top talent from around the world.” Thursday 10 March 2011 8:50 pm whatsapp WHAT THE OTHER PAPERS SAY THIS MORNING whatsapp Show Comments ▼ Share Tags: NULL
Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2015 abridged results.For more information about Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) company page on AfricanFinancials.Document: Swan Life Ltd (formerly The Anglo Mauritius Assurance Society Ltd) (ANGM.mu) 2015 abridged results.Company ProfileSwan Life Limited (formerly The Anglo Mauritius Assurance Society Limited) offers services such as life assurance, pensions, actuarial, and investment businesses in Mauritius. The company also provides life, car, home, health, travel, and boat insurance products, education and retirement plans, investment plans, wealth management, and stockbroking services for individuals. Swan Life Limited is headquartered in Port Louis, Mauritius. Swan Life Limited is listed on the Stock Exchange of Mauritius.
I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Can FTSE 100 growth stock Ocado still make you rich? Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Shares in online supermarket and FTSE 100 growth stock Ocado (LSE: OCDO) were in great form again this morning as it released another encouraging update on trading.Can the company continue this positive momentum and help new investors grow their wealth? Despite being proven wrong in the past, I’m still to be convinced.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…“Unprecedented demand”The grocery sector has, of course, been one of the few to thrive during this pandemic. It comes as no surprise then that Ocado announced today it had experienced “unprecedented demand” over recent weeks and that it was now delivering “significantly more groceries to households than ever before.” Without doubt, today’s numbers were excellent. Revenue growth in its retail arm in Q2-to-date was a little over 40% higher on the previous year. It was also almost 30% higher than in Q1.Although sensing that normal shopping habits had returned, the growth stock said the number of items in customers’ baskets was still high. That said, it did caution investors that the near-term outlook remained cloudy. Since no one knows how long it will take for life to return to normal, management chose to suspend its guidance on retail revenue for the current financial year. Growth stockOf course, Ocado is more than just an online supermarket. It’s Solutions arm is the reason many investors hold the growth stock. Through its Smart Platform, the company is able to offer infrastructure and software solutions to grocery firms around the world. Giants such as Kroger and Coles Supermarkets are already on board. So too is the UK’s fourth-biggest supermarket Morrisons. On this front, there was more good news. Despite the pandemic, the company reported delivering its first international customer fulfillment centres (CFCs) to French firm Groupe Casino and Canadian retailer Sobeys on time. It added that it was not experiencing any material delays in terms of delivering further facilities to other customers. So, was I wrong about Ocado?I have no hesitation in holding my hand up and declaring that — purely from a share price perspective — my call on Ocado was wrong. It’s done very well for investors and I’m not one of them.So, has my opinion on the company changed? Not really. From a valuation perspective, Ocado still looks faintly ridiculous. Yes, it has market-leading technology (although it’s worth noting that its website couldn’t cope with demand in March). Yes, it has £1.2bn of cash on its balance sheet. And, yes, online grocery retailing is the future. But, with a market-cap approaching £12bn, how much of this is priced in? I’d say a lot (and then some).Aside from the fact it’s still to make a profit, Ocado must also contend with the possibility that a free-falling global economy will have an impact on how much people are able/willing to spend on groceries going forward. In this scenario, it’s surely the German discounters Aldi and Lidl that will benefit, not new joint venture partner Marks & Spencer. As positive as today’s update was, I certainly wouldn’t want to be caught owning the shares if everything didn’t proceed perfectly. And, as we know, it pays to expect the unexpected when investing, particularly in 2020.Good luck to all new holders. But I think there are less risky ways to make money in the FTSE 100 right now. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Paul Summers | Wednesday, 6th May, 2020 | More on: OCDO See all posts by Paul Summers Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
10:10, the charity that creates participatory projects that bring people together to tackle climate change, is looking for organisations that would like to receive free solar panels.It is about to embark on a crowdfunding campaign to buy as many solar panels as possible to benefit organisations that work on the issues ofRacial justiceMigrant rights/human rightsCodingAnimal welfareGender rightsIn particular they are looking for eligible organisations in Northern Ireland, Scotland, and Wales. In addition to working on the specific issues, organisations must be able to accommodate solar panels and help 10:10 to increase the visibility of the project. There is no need to contribute financially to the crowdfunding campaign.In memory of PrinceEmbed from Getty Images 10:10 seeks organisations to benefit from solar power crowdfunding campaign Tagged with: Celebrity crowdfunding environment Funding Northern Ireland Scotland Wales / Cymru Howard Lake | 29 March 2017 | News The crowdfunding campaign and its focus is a tribute to singer-songwriter, actor and musician Prince, who died last year. After his death it emerged that he was a clean energy advocate and philanthropist. For example, he had secretly funded solar panels for many of the residents of Oakland, California.10:10’s crowdfunding campaign will run from 21 April 2017, the anniversary of Prince’s death, to 7 June, his birthday.“The more we raise, the more organisations working for the benefit of us all will have their energy bills slashed and be invited to participate in the unstoppable transition to clean energy worldwide.”10:1010:10 are hoping that Prince fans around the world will support the campaign to mark the anniversary of his death.The charity’s past solar power campaigns have included:Solar Schools – working with 90 schools to install nearly 2,500 solar panels, reaching and working with over 30,00 students.Back Balcombe – working with the villagers of Balcombe, the site of the first exploratory fracking well in the UK, to repower their village with 100% clean energy.For more information about the Prince of Solar campaign contact Max Wakefield at 10:10. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis16 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. 177 total views, 1 views today 178 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis16 Advertisement
Hydebank prison in Belfast.On July 6, 2013, while on vacation in Belfast, in the northern six counties of British-occupied Ireland, I visited a female political prisoner for her birthday and wound up arrested under Section 41(b) of the 2000 UK Terrorism Act, not knowing when or if I’d ever get out.The prisoner was held in Hydebank jail on suspicion of trying to assassinate two police officers in May. Though we were allotted two hours to visit, the administration stopped the meeting short and escorted me to the visitors area. There they arrested me.I was in complete shock. My first thought was “I’m fxcked.” The Police Service of Northern Ireland confiscated my phone, camera and other belongings. I was handcuffed and taken to the parking lot, where I was put in a car with three PSNI officers.One male officer sat in the back with me and asked my name. After screaming at me, he thrust his weight against me, pinning me against the door in a painful position. He then radioed to the arresting officer that I was not complying.The male officer told the female officer to take a detour to jail. As we drove, I looked out the window, mesmerized by the flowering green Antrim fields. I was thinking about how I was going to be fired from my job and how upset my parents would be at the news.The detour the PSNI took was through Glengormley, a loyalist estate adorned with Ulster Volunteer Force murals. This would be the equivalent of U.S. police driving a Black person through a KKK-controlled community. While driving past the murals, the driver slowed, as if to say, “We could drop you out here and nobody would ever know.”We approached Antrim Police Station, a massive structure complete with razor wire, outdated cameras on every corner, and an impenetrably high fence. No way out. A portly guard, former member of the hated Royal Ulster Constabulary, asked if I wanted to wear a handsome blue jumper.“I’ve done nothing wrong and insist on wearing my own clothes!” I replied. He nodded his head and told me he would let the person in charge know.A few moments later I met the man in charge, who sat behind a desk, and a bald prison guard who had UVF tattoos on his arms and wore purple gloves. “Because you insist on wearing your own clothes, we will administer a full search, for security purposes,” the man said.The guard said, “Take off your shoes. Take off your shirt. Take off your pants.” I was paralyzed with fear and sweating profusely that hot summer day. The man behind the desk just stared down at the table as the guard violated me and probed my body.“Do you want his knickers off?” the guard asked.“No, that’s enough.” Humiliated, scared and enraged, I just wanted to get out of there.I took the lawyer the political prisoner’s mother arranged. The guard put me in a small cell, with frosted windows which didn’t let in much light, a single toilet, a foam mattress, a soiled blanket, a sink (which you also drank from) and a green camera in the light fixture that monitors your every move. The cell is also equipped with an emergency call fixture, which was routinely ignored.My lawyer finally arrived. Shocked by his apparent youth, I was still impressed by his wit and knowledge of law. When he said the room was bugged and they could be listening, I felt panic.The PSNI employed a four-stage interrogation process. Little by little, they produced more evidence against you. I was shaking as one of the guards guided us to the interrogation room. Two detective constables, one male and one female, played the old “good cop/bad cop” routine.Each interrogation session lasted around 45 minutes. I answered, “No comment,” to each of the questions.That night two Special Branch officers woke me, offering a plane flight home if I cooperated. I said, “Get the fxck out of my cell and to call my lawyer.” They smirked and left. I never saw them again.Historically, Irish political prisoners face the Five Techniques: wall standing, hooding, white noise, deprivation of food and drink, deprivation of sleep. I was subjected to three of the five techniques during my nine days in solitary confinement. I was locked up 23 hours a day and only let out for interrogation, showering and to see the doctor.The first time I showered, one of the male guards watched as I undressed and cleaned myself, psychological abuse he compounded by making degrading remarks about my body.Every hour on the hour a guard, usually female, would wake me, allegedly to check on me, turning the lights on and opening the door. To keep me from falling back asleep, the heat would be turned way up or the air turned on blast. White noise was common, with buzzing through the vents. Later guards banged on the cell door next to mine. I heard a woman scream — a scream I thought was from a real person until years later during therapy.I lost nine pounds in nine days. Guards always told me the canteen was closed. My second lawyer brought in food so I could eat, but guards confiscated it when he left. These tactics aimed to break me — they failed!Between interrogations and bed, I read constantly, about legendary Belfast soccer player George Best, mixed martial arts and “The Sands of Time,” a book about the Basque national liberation organization fighting French and Spanish imperialism.Phone calls from my uncle Pat helped, too. Pat was a lawyer who set me up with the second lawyer (the first worked for the firm representing the female POW I visited — a conflict of interest). Pat’s skills helped secure my release. His humor on phone calls (monitored by the PSNI) became a form of release as he joked about the IRA — to the annoyance of the police.In solitary, time creeps as you have nothing but time to think. I often thought about my girlfriend, parents, dogs and comrades. The PSNI wanted to charge me with conspiracy, IRA membership and material support for terrorism — I thought they would accept anything that would hold me longer.I’d studied Irish history and knew of Bobby Sands’s suffering — he was the leader of the 1981 Hunger Strike who, along with nine of his comrades, died so that all political prisoners would live with dignity inside British dungeons — and the 1973 force feeding of two IRA sisters, Marian and Dolours Price, in England. So I knew I would have been ill equipped to deal with psychological torture.A seizure on my final day in jail sent me to the hospital. Two armed PSNI men watched me at all times, even in the restroom. They too would mock me and asked if I wanted food. When I was taken back to the jail, I was informed I was being released.As I saw the PSNI erase my name from the whiteboard, I was elated. I was alone in a room with a portly cop, who told me I was lucky: “Back in the old days, kids like you used to mysteriously disappear.”My lawyer took me to a safe house where I met my uncle Pat, who had flown all the way to Belfast to retrieve me. We embraced and I cried. It was good to be free.With freedom comes responsibility. This traumatic experience reinforced my outlook on the Irish liberation struggle and the struggle to support all imprisoned people. Only an Ireland free of British imperialism and European Union economic colonialism can truly be independent. This means all 32 counties reunited under a socialist banner with worker control in every sphere of life.Labor and national liberation must be connected. As early 20th-century Irish freedom leader James Connolly once said, “The cause of labor is the cause of Ireland, the cause of Ireland is the cause of labor.”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
Swedish prosecutors again refuse to investigate Dawit Isaak case Reporters Without Borders today condemned the arrest and conscription into the Eritrean army of the local correspondent of the radio station Voice of America (VOA) and called for the immediate release of him and 18 other jailed media workers in the country, which it said was “Africa’s biggest prison for journalists.”The journalist, Akhilu Solomon, 32, was arrested at his home on 8 July and taken to an army camp to do his compulsory military service. However, VOA said he had already done part of it and been exempted from the rest on medical grounds.”After persecuting the local media, the government is now going after those working for foreign media,” said Reporters Without Borders secretary-general Robert Ménard. “The latest arrest means 19 journalists are now in prison, making Eritrea by far the most repressive country in Africa in this respect.”The government shut down all privately-owned newspapers in September 2001 and arrested several journalists, leaving only the official press operating. Three foreign media – the BBC, Agence France-Presse and Deutsche Welle – have stringers in the country. The US embassy in Asmara said it had contacted the government about Solomon’s arrest.All Eritreans over 18 have been obliged since 1994 to do 18 months military service, including six months training at a military camp in the western town of Sawa. January 13, 2021 Find out more The correspondent in Eritrea of the radio station Voice of America has been arrested and sent to a camp to do military service despite being earlier exempted. Reporters Without Borders calls for his immediate release, noting that Eritrea is Africa’s biggest prison for journalists. October 27, 2020 Find out more Receive email alerts to go further Prisoner of Conscience Since 2001 – Why has Sweden not managed to bring Dawit Isaak home? RSF_en Reports July 15, 2003 – Updated on January 20, 2016 Voice of America correspondent arrested News News Help by sharing this information April 14, 2021 Find out more RSF urges Swedish judicial authorities to reverse Dawit Isaak decision EritreaAfrica Follow the news on Eritrea News EritreaAfrica Organisation
Business News More Cool Stuff Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday The Pasadena Police Department and Santa will join forces tomorrow, Saturday December 20, at 9:00 A.M. and give away Christmas baskets to members of the community. Each year the Community Services Section participates in this special program which helps brighten the holiday for about 100 families in our community.The program will begin at 9:00 a.m., and recipients have been advised to come to the Police Department. If you would like to assist to this effort, we encourage the Community’s participation and feel free to stop by with a new unwrapped gift or food item. Santa will be visiting as well! Subscribe Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Name (required) Mail (required) (not be published) Website Make a comment Your email address will not be published. Required fields are marked * First Heatwave Expected Next Week Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Herbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyBaby Boom: The Stars Are Getting Busy In QuarantineHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyThe Biggest Signs You Want To Be With Your Girlfriend ForeverHerbeautyHerbeauty Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes 11 recommended0 commentsShareShareTweetSharePin it Uncategorized Pasadena Police will Join Santa Claus and Spread Christmas Cheer Published on Friday, December 19, 2014 | 11:42 am
Home / Daily Dose / Delinquency Rate Continues at 10-year Low Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines, News Delinquency Rate Continues at 10-year Low Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Nicole Casperson Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] October 10, 2017 1,386 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago HOUSING mortgage 2017-10-10 Nicole Casperson Previous: Treasury to Streamline Capital Markets Next: Deloitte Hack: Fannie and Freddie Not Affected Servicers Navigate the Post-Pandemic World 2 days ago On Tuesday, CoreLogic released its latest Loan Performance Insights report, representing data from national foreclosure and delinquency activity gathered through July 2017.According to the report, the share of mortgages that transitioned from current to 30-days past due was 0.9 percent in July 2017, down from 1.1 percent in July 2016. CoreLogic compares this to January of 2007 when “just before the start of the financial crisis, the current-to-30-day transition rate was 1.2 percent and peaked in November 2008 at 2 percent.”In addition, it is noted that 4.6 percent of mortgages were in some stage of delinquency in July 2017—a 0.9 percentage point year-over-year decline in the overall delinquency rate compared to last year.Meanwhile, the foreclosure inventory rate measuring the share of mortgages in some stage of the foreclosure process “was 0.7 percent and the lowest since the rate was also 0.7 percent in July 2007.” Likewise, the data discovered the serious delinquency rate remained near the 10-year low of 1.7 percent reached in July 2007.According to Dr. Frank Nothaft, Chief Economist for CoreLogic, while the U.S. foreclosure rate remains at a 10-year low, the rate across the 100 largest metro areas varies from 0.1 percent in Denver to 2.2 percent in New York.“The national serious delinquency rate remains at 1.9 percent, unchanged from June, and when analyzed across the 100 largest metros, rates vary from 0.6 percent in Denver to 4.1 percent in New York,” Nothaft said.Additionally, CEO of CoreLogic Frank Martell said that even though delinquency rates are lower in most markets compared with a year ago, there are some worrying trends.Martell explained that “markets affected by the decline in oil production or anemic job creation have seen an increase in defaults. We see this in markets such as Anchorage, Baton Rouge and Lafayette, Louisiana where the serious delinquency rate rose over the last year.”You can download the full report by clicking here. Print This Post Tagged with: HOUSING mortgage Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Subscribe
ColumnsCovid 19 And Lockdown Of Human Rights Suranya Aiyar8 Aug 2020 7:18 AMShare This – xThe World Health Organisation (WHO) has insisted on countries adopting a population-wide containment strategy for Covid-19. In March when countries were deciding on what type of response to take to the pandemic, the WHO repeatedly said that mitigation measures will not do. Mitigation being measures to contain the virus within cluster outbreaks, as we are now doing in many cities in India….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 World Health Organisation (WHO) has insisted on countries adopting a population-wide containment strategy for Covid-19. In March when countries were deciding on what type of response to take to the pandemic, the WHO repeatedly said that mitigation measures will not do. Mitigation being measures to contain the virus within cluster outbreaks, as we are now doing in many cities in India. The Director General of the WHO, Tedros Adhanom, repeatedly insisted that there must be an “all-of-society” and “all-of-government” approach “built around a comprehensive strategy to prevent infections” with containment as the “central pillar”. But throughout the Covid-saga there has been a blind spot on the part of public health authorities about the disproportionate effect of disease containment measures on the poor and marginalised. The degree of surveillance and police presence to which slums in Delhi and Mumbai were subjected was much greater than for better off parts of the city. In South Africa, videos of brutal police action in poor, black neighbourhoods surfaced on social media within days of lockdown. People pointed out how the police would beat up lockdown violators in black neighbourhoods, while negotiating with people in white ones. Similar discrimination was observed between police enforcement of lockdown in the poor and mostly black neighbourhoods on the outskirts of Paris than the posh ones in the heart of the city. In Africa, as in India, quarantine and other mandatory measures fell harder on the poor. United Nations Human Rights officials noted that “those who cannot pay bribes, poor people, are taken to mandatory quarantine centres”. In India, as in other countries, there were many instances of religious and ethnic minorities being targeted and stigmatised as “spreaders” of Covid.Some countries like Bangladesh, and many in Africa, went to the extremes of deploying their armies to enforce disease containment measures. In Bangladesh, Human Rights Watch claimed that civilians, including academics and Opposition party workers, had been arrested for posting social media messages on Covid-19 that the Bangladeshi Government called “rumours” and “propaganda”. In South Africa there were many cases of people being killed by security forces for “backyarding”: where two or three men would get together to socialise in backyards of their own homes. In Nigeria, by the middle of April, eighteen people had been killed by armed forces and police in the enforcement of lockdown. More than the total number of people dead of Covid-19 in Nigeria by that time. In Kenya, a 13-year old boy was killed by a bullet fired in the air by the police to impose Covid-19 curfew. Even while the public was being pushed by epidemiologists into accepting far-reaching containment measures, some rights organisations, like UNAIDS, tried to warn the world of its dangers. On March 20th , UNAIDS published a document called “Rights in the time of COVID-19” that starts by picking up on Tedros Adhanom’s repeated exhortation for countries to respond to the Covid-19 pandemic with “containment as the central pillar”. It says: “Countries are being requested to take a comprehensive approach…with containment as the central pillar. However, as in all acute epidemics, especially where casual person-to-person transmission occurs, there is a need to ensure that the response is grounded firmly in human rights.” Drawing from its experience of years fighting AIDS, UNAIDS then sets out step-by-step the inherent injustice of this approach, predicting with devastating accuracy the wrongs of each type that came to pass under the reign of WHO-prescribed Covid-19 containment measures: the propensity of government agencies to over-react, forgetting the fundamental demand of constitutional law that state action must be proportionate; the tendency in times of fear and panic for countries to resort to politically driven, stigmatizing and punitive measures; the disproportionate effect of disease containment measures on already vulnerable communities; and the tendency for stigma to be attached to those contracting the disease. Similar concerns are raised by the WHO in a 2007 document called “Ethical considerations in developing a public health response to pandemic influenza” in which it says that surveillance, isolation, quarantine and social-distancing measures be undertaken in a way that respects ethical norms. This document goes on to state that as such measures place a burden on individual liberties, their use should be “carefully circumscribed” and that case isolation and quarantine should “be voluntary to the greatest extent possible” and conducted in safe, habitable and humane conditions. Another WHO publication from 2016, “Guidance for Managing Ethical Issues in Infectious Disease Outbreaks” reiterates the immediate risk of discrimination and heightening of prejudices in an infectious disease outbreak. These documents also speak of the need to build legal recourse into disease containment measures. The current leadership at the WHO failed to give due consideration to this work, even though some of it was by the WHO itself, while exhorting countries to take disease containment as the “central pillar” of their Covid response. In matters of health, surely it should be the person and their care and dignity that should be the central pillar of any response. This is the moment for lawyers and judges to step in to foster the development of a human rights-based code of conduct for state agencies in the implementation of disease containment measures. Views are personal only.(Author is a Practising Lawyer) Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story