Mustapha Ramid the Human Rights Minister Who Doesnt Like Gays

Rabat – After Minister of Human Rights Mustapha Ramid called homosexuals “trash” in an interview last September, Moroccan human rights associations have addressed a petition to Head of Government Saad Eddine El Othmani compelling him to take action against Ramid.The incident further highlights the government’s controversial and contradictory stance on homosexuality.Walking out of an official meeting at Rabat’s library on September 28 with straight posture and a grim face, Ramid was stopped by a journalist who asked him about the condition of homosexuals in Morocco. At once, his body language metamorphosed into disinterest and dismay, and his response was pregnant with disrespect.“Why are you asking me about [homosexuality] too?” he asked. With a sarcastic look and hands weaving left and right, he continued “This is too much. Too much. It’s a shame that homosexuality has a value now. Why is everyone asking me about it?”“Take this [microphone] out of my face,” he told the journalist who refused.Ramid, caught in a crowd, found no alternative but to continue talking before rushing out.“Listen, we are in Morocco, if we keep talking about [homosexuality] we will give them value. [They’re] trash.”Homosexuals Are Not Trash: Human Rights Associations His commentary was not well-received by local human rights associations. Together, they signed a petition addressed to the Head of the Government El Othmani on October 11 to open an investigation with Minister Ramid “ on his discriminatory and unconstitutional statements towards sexual minorities.”“We consider the description of Moroccan citizens as ‘trash’ a blatant violation of the Moroccan constitution, which stresses the commitment of Morocco to human rights as they are internationally recognized,” the petition reads.“It is shameful and disgraceful for a human rights minister to label a class of Moroccans as trash.”The petition also called “the institutions of the state to open another investigation with Ramid and transmit it to the government,” inviting the Head of Government [Saad Eddine El Othmani] to “exercise his political powers towards the hate speech of human rights minister.”Aswat, a Rabat-based association for the defense of sexual minorities, shares the anger but says that singling out Ramid is not the solution.“Ramid should not be penalized, otherwise fingers will be pointed only on one person. We can not hold him responsible for hate speech that is heard everywhere in Morocco. The policies themselves and the normalization of discrimination must change,” says a founder of Aswat.However, Hakim Sikouk, an activist and mediator of the petition, disagrees. “He should be penalized for his actions by the Prime Minister and King Mohammed VI. This [discrimination based on sexuality] has happened so recurrently,” referring to past cases of violence against homosexuals.Sikouk sees that “the petition is merely symbolic,” recalling that human rights associations have addressed four previous petitions to the government concerning similar cases, without receiving any response.“Morocco and Ramid must progress as the world is progressing in terms of human rights.”Ramid: Should I Punish Myself?Just last month, during his participation in the session of the Human Rights Council in Geneva, Ramid already revealed his position towards homosexuals to be broad and contradictory.While he stated that Morocco accepted United Nations’ recommendation to “take urgent measures to repeal the norms that criminalize and stigmatize lesbian, gay, bisexual, transgender, and intersex persons,” he rejected to repeal legislation, in particular article 489 of the Criminal Code, criminalizing consensual sexual conduct between same-sex adults.Among the accepted UN recommendations, he stated Morocco’s willingness “to investigate and punish the perpetrators of acts of discrimination and violence against them,” which exactly what the civil society petitioners have requested him to do regarding his statements in the video. read more

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Report Yellowstone National Park brought 647M to economy

YELLOWSTONE NATIONAL PARK, Wyo. — A federal report shows Yellowstone National Park brought about $647 million to the area’s economy last year.The report from the National Park Service indicates the 4.1 million visitors to the park in 2018 spent nearly $513 million in neighbouring communities, supporting nearly 7,100 jobs in the area.According to the report, Devils Tower National Monument in northeast Wyoming brought more than $38 million to the local economy. It had about 468,000 visitors who spent $30 million last year.The report shows more than 318 million people visited national parks last year, spending more than $20 billion. The national parks contributed about $40 billion to the U.S. economy.Of the nationwide visitor spending, nearly $7 billion was on lodging expenses and $4 billion was on restaurants and bars.The Associated Press read more

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When your parents die in debt — kids do not come first

If there’s no estate, they just get written offThe death of a parent can sometimes mean financial turmoil for surviving relatives, but advisors say that lingering debts aren’t the responsibility of the adult children in the family.“There is no liability for a child to take on the debts of the parents,” said lawyer Murray Morrison, who specializes in insolvency and practices in the Vancouver area.If the parents die in debt, the first place to turn is their estate which can go bankrupt, he said.But a bankrupt estate also means there won’t be an inheritance for the family.“Kids do not come first,” he said. “Under the law, the debts have to be paid before anybody gets a nickel.”So the surviving children can choose to ignore their parents’ debt and let creditors sue and garnishee the deceased mom or dad’s bank account, or they can spend what money is in the estate to bankrupt it, Mr. Morrison said.He said surviving children should not “try to pay the bills without thinking about it” and also recommended they seek legal advice.Debts aren’t transferred by virtue of marriage or death — not without your signature — even though spouses and children may feel they should clear up any outstanding money owed, said Margaret Johnson, president of Solutions Credit Counselling Service.“A lot of people want to do the right thing,” Ms. Johnson said. “The right thing is to pay debts that are yours. If they’re not yours, don’t pay them.”For example, if dad passes away but has a credit card bill and an unpaid line of credit in his name only, mom or the kids aren’t responsible for paying them, she said.“If there’s any money in his estate, his estate has to pay his debts,” Ms. Johnson said from Surrey. B.C.“But if there’s no estate, they just get written off.”However, if mom passes away and dad had a joint credit card with her that isn’t paid off, dad is going to be responsible for paying it, she said.A recent study found that Canadians seem to be taking seriously repeated warnings about loading up debt — unless they were seniors.The TD Bank study found that seniors on average gained more than $6,000 in new debt, or 15% more in 2013 than the previous year. Most of it came from consumer spending.Despite their rising debt levels, seniors on average still had the smallest debts compared with other age groups at $47,549, the study said.Tracey Campbell of BMO Harris Private Bank said the responsibility of estate executors is to pay debts and expenses first. Executors, who can also be paid, receive their money before beneficiaries get anything, said Ms. Campbell, director of wealth, wills and estates.Executors and family members shouldn’t be afraid to place ads in newspapers and other publications to find out if there are creditors who must be paid.“You’d be surprised at how many people are reluctant to do that,” she said, adding that it’s perceived as an embarrassment.Beneficiaries could be sued if they have received an inheritance before creditors are paid, she added.Ms. Johnson said adult children should also ask their parents whether they have wills and about any debts that are jointly held. read more

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Uproar over Lanka in Indian parliament

The directive from the Chief Minister came after one of the teams, Royal College of Colombo, played a match against the Chennai Customs team at a stadium in the city on Friday.Jayalalithaa has also ordered the suspension of a stadium official for allowing the soccer team to play the “friendly” tie, alleging that he insulted Tamils. On Sunday after expressing her strong displeasure over Sri Lankan defence personnel undergoing training in her state, Tamil Nadu Chief Minister J Jayalalithaa ordered for sending back two Sri Lankan football teams which were undergoing training in Chennai. The Rajya Sabha too witnessed uproarious scenes as soon as it met for the day. DMK members raised the issue of Sri Lanka defence personnel being trained by India. The Indian parliament faced an uproar today over Sri Lanka as well as some domestic issues, the Indian media reported.In the Lok Sabha AIADMK and DMK members were seen protesting the training of Sri Lankan armed forces at an airbase in India. CPI member P. Lingam was seen with a placard opposing the forthcoming visit of President Mahinda Rajapaksa to India. read more

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Government insists student activist was to be arrested not abducted

The Government today insisted that there was no attempt by the Police to abduct student activist Ryan Jayalath recently but arrest him on a court order.Law and Order Minister Sagala Ratnayake however admitted there were some shortcomings over the manner in which the activist was to be arrested. Ratnayake told Parliament that Police officers is uniform and plain clothes had been deployed to arrest the activist in Colombo on a court order. Jayalath was wanted over the recent forced entry to the Health Ministry during a protest.The Minister said that a Police vehicle was used to carry out the arrest. However protests by other students prevented the arrest. Ratnayake also expressed regret over the manner in which the Police Criminal Investigations Department (CID) attempted to arrest the student activist. Allegations were later made that an attempt was made by the Police to abduct the activist using a “white van”.However Leader of the House Lakshman Kiriella insisted that there was no “white van” attempt on the activist but an attempt to arrest him by the Police using a Police vehicle. (Colombo Gazette) read more

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Jays home opener

The boys of summer are back, and there will be a full house tonight at the Rogers Centre for the Jays home opener.  The Jays hit the mound tonight at 7:07 against the Boston Red Sox, and as Elizabeth Hall found out this morning at the Aldershot Go Station, fans are already looking forward to this season.

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In Egypt UN envoy to Baghdad finds support for reconstruction of Iraq

The top United Nations envoy to Baghdad today held talks in Cairo with senior Egyptian officials, who expressed support for the world body’s role in the reconstruction of Iraq.Following a meeting with Foreign Minister Ahmed Maher, Sergio Vieira de Mello told a press conference that they had discussed “what Egypt can do to reinforce the role of the United Nations, which is one of Egypt’s priorities, as well as assist the people of Iraq and the governing council of Iraq that manage this extremely difficult and painful transition that the Iraqi people are going through.”The envoy, who is currently touring a number of countries in the region, said he aimed to provide “an impartial, an independent assessment of the situation in Iraq.” Asked to evaluate the response of neighbouring States, Mr. Vieira de Mello said it had been “extremely positive,” citing “unanimous support for a central role of the United Nations in this transition and beyond.”Iraq’s neighbours, he added, “see the UN playing a supportive role in political terms but also in the reconstruction of democratic institutions respectful of the human rights of the Iraqi people,” who currently face widespread lawlessness.Insecurity, he pointed out, was “further aggravated by the decision Saddam Hussein took in October of last year of emptying his prisons – obviously not of political prisoners – of common law criminals, so what you have is tens of thousands of criminals on the loose in Iraq and particularly in large urban areas.” Those people, he noted, “are responsible for attacks against women, for robbery, for assassinations.” “It will take time to resolve this problem,” he stressed, “because you know as I do that the Iraqi police force has collapsed – it was ineffective anyway – and a new security force needs to be created and this does not happen in a matter of weeks.”Emphasizing the UN’s impartial stance, he said “the mandate we have from the Security Council is to assert the independent role of the Untied Nations, and all Iraqis will tell you that this is exactly what we have been doing.”Relations with Washington have been “good, at the working level, from day one,” the envoy replied to a question. “Security Council resolution 1483 requires the UN to cooperate with the coalition authority, and that is what we have done, with a single purpose in mind, which are the interests of the Iraqi people and the need to bring the occupation of Iraq to an end as quickly as possible and the full restoration of Iraqi sovereignty and dignity as quickly as possible.”On the political process, he noted the need to organize democratic elections sometime in 2004. “We already have an electoral team in Iraq as we speak, they will be there at the disposal of all Iraqi political parties, of all the members of the Iraqi governing council, and beyond, and very soon we will start helping the Iraqis prepare those elections,” he said. “[W]e are already playing that central role because it is out of these elections that a legitimate, democratic and internationally recognized government will emerge.”While in Cairo, Mr. Vieira de Mello was also scheduled to hold talks with President Hosni Mubarak and Arab League Secretary-General Amr Moussa. read more

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Hillhead targets zero action plan for event

first_imgThe ‘Target Zero’ action plan package will be launched by the Health and Safety Executive (HSE) on 23 June next year at Hillhead 2009. An objective of the initiative includes a fully competent workforce by 2010. A number of high-profile speakers will be contributing to the launch event, to which senior industry executives, union officials and others involved with the health and safety advancement process will be invited.  In addition, for safety reasons, in recent weeks development work has taken place at Hillhead quarry in the first phase of a long-term plan to split the 24 m high face at the exhibition site. Following a blast which yielded 12,900 t of stone, the layout now incorporates a ramp to a box cutting that will form the first section of the new bench. Below this is a lower bench, formed from material left over from the last show that will serve as the platform from which material will be loaded out.Event organisers anticipate that both the HSE event and the new face layout will help maintain the appeal of Hillhead, which, despite the current economic climate, remains heavily booked. Hillhead 2009 will take place from 23 to 25 June 2009 at Tarmac’s Hillhead Quarry, Buxton, near Manchester, England. For further information, visit the new Hillhead 2009 website at: http://www.hillhead.com/last_img read more

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Bahamas National Trust conduct Workshop for Defence Force Marines

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppCoral Harbour Base, Bahamas, November 16, 2016 –  Some 15 members of the Royal Bahamas Defence Force are now better positioned to understand our small country’s natural resources after recently participating in a workshop that was conducted by members of the Bahamas National Trust this week.The workshop, which took place at the Coral Harbour Base, highlighted indigenous plant and wildlife that are prevalent in the country.  Much attention was paid to endangered species such as the Iguana and Boa Constrictors.  Additionally, the domino effect that results from depletion of fishery resources were also highlighted.As a result of the workshop, the Defence Force Marines are more knowledgeable about the endemic wildlife and their roles as individuals as well as within our organization in terms of preserving and conserving our natural resources in a sustainable manner.Feature Photo shows: Members of the Bahamas National Trust showing Defence Force Marines endangered species which exist.  From left: BNT Science Officers Agnessa Lundy and Scott Johnson, along with Defence Force Marine participants. Photo two shows: Captain Tellis Bethel, Commander Defence Force (Acting) presenting a token of appreciation to BNT Officer Scott Johnson following a workshop at the Coral Harbour Base.(RBDF photos by Marine Seaman Michael Turner) Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

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Gay couples rush to marry at Wisconsin courthouses

first_imgMILWAUKEE — Dozens of gay couples got married at courthouses in Milwaukee and Madison early Saturday, taking advantage of what may be a small window in which to get hitched before the state’s same-sex marriage ban is reinstated, at least temporarily.Milwaukee County Clerk Joe Czarnezki said couples were lined up outside his courthouse at 6 a.m., three hours before it opened. Within 30 minutes of opening, about 45 couples had applied for marriage licenses.U.S. District Judge Barbara Crabb issued her ruling Friday afternoon just as the gay festival PrideFest was starting in Milwaukee. Many couples who married Saturday morning said they had elected to attend the festival the night before since they already had plans with friends. Then they got up early and went to the courthouse.Craig Cook and Marshall Draper arrived about 8:30 a.m. and found nearly two dozen couples in line ahead of them. Cook, 43, said he and others had been hoping Crabb would make a decision in time for PrideFest. He and Marshall planned to go back to the festival Saturday after being married by a Unitarian minister outside the courthouse.“Had this been legal, we probably would have done this 20 years ago,” Cook said. He said he and Marshall would likely have a reception in a few weeks, but “this was as formal a wedding as I’ve ever wanted.”last_img read more

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Overallotment lifts proceeds from Melcos Studio City IPO to US407 million

first_img RelatedPosts Evan Winkler appointed President as Melco Resorts implements latest management overhaul Studio City International Holdings Limited has received total proceeds of US$406.7 million from its initial public offering (IPO) of American Depositary Shares, the company’s majority shareholder Melco Resorts and Entertainment announced on Thursday.Melco had previously declared proceeds of US$359 million but has revised that number upwards after the underwriters of its IPO exercised an over-allotment option in full to purchase an additional 4,312,500 ADSs from Studio City at the IPO price of US$12.50 per share. The exercise of the over-allotment option closed on Monday 19 November. Wynn Resorts shares favored over Wynn Macau: analysts JW Marriott at Galaxy Macau named venue and Galaxy Entertainment Group named Venue Sponsor for 2019 Asian Gaming Power 50 Black Tie Gala Dinner Load More The total number of ADSs sold in the IPO following the over-allotment is 33,062,500, Melco said.The company has previously stated that the capital raised will be used to acquire newly issued shares in Melco subsidiary MSC Cotai Limited, which holds a 60% stake in Studio City. MSC Cotai Limited will subsequently use those proceeds to repay debt.last_img read more

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Will not let Nawaz become Morsi of Pakistan Maryam

first_imgIslamabad: Claiming that there was a serious threat to the life of jailed former Pakistan prime minister Nawaz Sharif due to lack of medical care, his daughter Maryam Nawaz on Saturday said that her Pakistan Muslim League (N) party will not let him become the “Morsi” of Pakistan. Former Egyptian president Mohamed Morsi, who took over the realm in country’s first free elections in 2012 and was ousted a year later by the military, died on Monday after fainting during a session in court. However, a group of British lawmakers and lawyers, who published a report in March 2018 into how Morsi was being treated in custody, concluded that the former president, who had a history of ill-health including diabetes, liver and kidney disease, was not receiving adequate medical care. Also Read – Shahid Afridi joins ‘Kashmir Hour’ in military uniform Advertise With Us “We are not Egypt and we will not allow Nawaz Sharif to become Morsi,” Maryam, vice-president of PML (N), said. She said that Sharif, 69, was seriously ill and needed immediate medical care which was not being given to him in jail. Alleging that there was a serious threat to Sharif’s life, Maryam said that her father was suffering from complicated ailments and needed focused treatment, including surgeries, and the treatment might go for a year. She said that the treatment is complicated and doctors in Pakistan are reluctant to treat the high-profile patient. Maryam also claimed that her family was not informed about Nawaz’s third heart attack that he suffered in Adiala Jail last year, ‘The Express Tribune’ reported.last_img read more

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DhakaPanchagarh direct train service begins

first_imgDhaka-Panchagarh train service begins Saturday.The much-awaited direct train service on Panchagarh-Dhaka route began on Saturday, aiming to ease communications with country’s northern district, report UNB.Additional secretary of railway ministry Abul Kalam Azad formally inaugurated the maiden train journey waving green flag at Panchagarh railway station around 7:30am.A train of Drutojan Express left Panchagarh station for Dhaka this morning, marking the first journey on the route, said station master Md Mosharraf Hossain.Another train of Ekota Express was scheduled to leave Panchagarh station around 9:00pm, he added.Bangladesh railways managing director Kazi Md Rafiqul Alam, Panchagarh-2 constituency MP Md Nurul Islam Sujan, Panchagarh deputy commissioner Sabina Yesmin, additional deputy commissioner Md Golam Azam and district unit Awami League president Md Anwar Hossain Sahadat, among others, were present during the inaugural ceremony.last_img read more

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Celebrations at BJP headquarters

first_imgIndian Bharatiya Janata Party (BJP) supporters shout slogans as they celebrate on the vote results day for India`s general election in New Delhi on 23 May. Photo: AFPCheering to the slogans like ‘Modi once again’, ‘Har Har Modi’ and ‘Vande Mataram’, hundreds of BJP supporters burst into celebrations at the party headquarters here on Thursday as the Narendra Modi-led government appeared set to stage a thumping comeback.With the Lok Sabha election trends showing an overwhelming majority for the BJP, the saffron party’s supporters burst firecrackers and blew conch to express their happiness.They danced to drum beats amid intense sloganeering.Despite the Delhi Police barricading both sides of the Deen Dayal Upadhyay Marg Road where the BJP headquarters is located, enthusiastic supporters thronged the office as the favourable results trickled in.A BJP supporter waves a party flag as he celebrates after learning the initial election results, in New Delhi, India, on 23 May 2019. ReutersSeveral of the BJP supporters came from neighbouring Uttar Pradesh and Haryana to be part of the celebrations in the national capital.Most of the supporters were provided T-shirts and caps printed with “chowkidar phir se” and “main bhi chokidar” when they entered at the BJP headquarters.As part of the celebration, the supporters at central BJP headquarters were carrying party flags and wishing each other.”People were saying that Modi wave was not like 2014 elections but the situation is much better than the previous elections. The trends are really surprising. I came here specially to be part of BJP’s victory,” said Nikhil Jaiswal who came from Azamgarh in Uttar Pradesh.Most of the supporters were glued to the TV screens at the headquarters and would start clapping and shouting slogans whenever trends showed leads in favour of the BJP.last_img
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Garbage segregation mission Residents vow to keep city clean

first_imgKolkata: The residents of New Town took a pledge on Friday that they would segregate garbage at source and help to make the city clean and green.New Town Kolkata Development Authority ( NKDA) introduced the new system of segregating garbage at source from Friday. An awareness camp was held at Rabindra Tirtha which was inaugurated by Debashis Sen, chairman NKDA. There was a workshop on solid waste management and there was a live demonstration to show where the residents will dispose the waste. The residents will have to buy two bins whose sizes have been determined by NKDA. Also Read – Bose & Gandhi: More similar than apart, says Sugata BoseThey will be disposing garbage in two separate bins meant for dry waste and wet waste. The waste will be collected regularly and NKDA has proposed to start composting with wet waste. The body has already set up a plant and the compost is being used as manure for production of organic vegetables. The dry waste will be collected twice a week and NKDA is setting up a trenching ground at Patharghata. NKDA authorities have urged the residents to use the bins properly and put the waste in the specified bins. It may be mentioned that NKDA has taken several steps to make New Town a green and clean city. Waste water is being used for roadside plants and state-of-the-art vehicles are being used to clean roads. Later, a walk was organized in which the residents and the officials of NKDA took part. There was great enthusiasm among the participants and they have all agreed to cooperate with NKDa to make New Town a clean and green city.last_img read more

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Mortgage Rates Offer More Mixed News

first_img Adjustable-Rate Mortgage Agents & Brokers Bankrate Fixed-Rate Mortgage Freddie Mac Housing Affordability Lenders & Servicers Mortgage Rates Processing Service Providers 2011-09-01 Ryan Schuette Share September 1, 2011 425 Views in Data, Origination, Secondary Market, Servicingcenter_img Mortgage Rates Offer More Mixed News Mortgage rates either stayed the same or plunged to record lows, depending on where market watchers obtained their news Thursday. Mortgage giant “”Freddie Mac””:http://www.freddiemac.com/ and personal finance Web site “”Bankrate.com””:http://www.bankrate.com/ released separate figures, with the former seeing a static 30-year fixed-rate mortgage and the latter finding a new bottom for the benchmark loan. The mixed numbers continue trends from last week, as economic worries push more investors to U.S. debt and keep consumers on the sidelines.[IMAGE]Freddie Mac released the Primary Mortgage Market Survey, while Bankrate.com offered up a national weekly mortgage rate index, pooling information from the top 10 banks and thrifts.The 30-year loan went bottoms up, according to Bankrate.com, which posted a 4.37-percent low, down from 4.41 percent from the week earlier. Mudding the economic recovery waters, Freddie differed by flipping a static number for the benchmark mortgage, which it said remained at 4.22 percent with an average of 0.7 points from last week.For Frank Nothaft, VP and chief economist with Freddie, a lackluster economic recovery fixed rates from last week.””Weaker economic data reports eased upward pressure on mortgage rates this week and kept them at or near all-time record lows,”” he said in a “”statement””:http://freddiemac.mediaroom.com/index.php?s=12329&item=56124. “”The economy grew at a slower rate of 1 percent in the second quarter than was originally reported due to a smaller increase in inventories and fewer exports,”” he added.[COLUMN_BREAK]Nothaft also attributed the lack of improvement to a Consumer Confidence Board index that found consumer confidence falling over August to the newest lows since the financial crisis.Speaking to _MReport_, Greg McBride, a senior financial analyst with Bankrate.com, chalks up rock-bottom mortgages rates to a rush of euro-wary investors to Treasury bonds.Commenting on wider distress in the economy, he says that “”the ongoing uncertainty regarding the U.S. economy is keeping mortgage rates at record low levels. That same uncertainty is also a cause for hesitation for would-be homebuyers.””Both Freddie and Bankrate.com found the 15-year fixed-rate mortgage plunging. The GSE reported rates falling to 3.39 percent from 3.44 percent at an average 0.6 point, a far cry from the 3.83-percent average the loan achieved at the same time last year. The personal finance Web site recorded a 3.48-percent dip in 15-year loan rates.The disagreement arose once more between Bankrate.com and Freddie over adjustable-rate mortgages (ARMs). The GSE saw the 5-year and 1-year ARMs decline to 2.96 percent and 2.89 percent from 3.07 percent and 2.93 percent, respectively. For its part, Bankrate.com witnessed a dip to 3.07 percent for the 5-year ARM, even as the 7-year sauntered back to 3.23 percent.””Many of the adjustable rate mortgages have initial interest rates so low they’re bordering on the ridiculous,”” Bankrate.com said in a “”statement””:http://www.marketwatch.com/story/bankrate-more-record-lows-for-mortgage-rates-2011-09-01. “”While these rates are plenty tempting for borrowers that don’t imagine being in the home more than 10 years, some of these loans are now priced in such a way that rates can only go up in the future.””And when will more borrowers flock to home purchases for still-low mortgage rates?””The hub on the wheel is job growth,”” McBride says, adding that the highly anticipated jobs report due Friday will “”go a long way toward shaping sentiment about the U.S. economy, for better or worse.””last_img read more

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Former Cardinals kicker Phil Dawson retires

first_img Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories Comments   Share   Grace expects Greinke trade to have emotional impact The Arizona Cardinals are taking a shot in the dark to fix their offensive rushing woes.The Cardinals have the worst running attack in the league averaging only 51.8 yards per game on the ground. On Tuesday, the concern was addressed.The team traded a 2018 conditional sixth-round pick to the New Orleans Saints for running back and 2013 MVP Adrian Peterson. Granted, the Cardinals will not be getting that MVP-caliber player of years past, but it could be a short-lived fix for the running game. Derrick Hall satisfied with D-backs’ buying and selling ESPN’s Bill Barnwell characterized the deal as a low-risk desperation move for the Cardinals that filled a hole on the team.The Cardinals obviously have a need for a primary running back after David Johnson dislocated his wrist in the season opener. The trade for Peterson might suggest that Arizona isn’t optimistic about Johnson’s chances of returning this season, despite the fact that Johnson is eligible to return from injured reserve in mid-November. Coach Bruce Arians has suggested the Cardinals are hoping to get Johnson back in the lineup by Christmas, which would be good for only the final two games of the season.The Cardinals have the oldest group of 22 starters in the league, and before heading into this season they already had eight starters over the age of 30. Peterson is 32.Arizona made the move being behind two 3-2 teams in their division with the Seattle Seahawks and Los Angeles Rams. In addition, the remaining 11 games feature only four teams below .500 and four games against those two division foes.Despite all of that, Barnwell believes the team is not ready to mail in the season.The trade for Peterson suggests the Cardinals aren’t giving up, which shouldn’t be a surprise. This is a veteran team built to try to win during the final moments in the careers of arguably the three most important people in the organization. Larry Fitzgerald is a free agent after the season and reports have suggested 2017 will be his last year. Palmer turns 38 in December and will consider his future after this season. The 65-year-old Arians fought kidney cancer last year. The Cardinals are staring down a rebuild that might be only months away from beginning. They can’t afford to treat this like a lost season.Through the first five weeks of the season, it has already looked that way for the Cardinals, starting 2-3 and only registering two wins in overtime efforts to losing teams. Arizona lost its most vital player on offense in running back David Johnson and have been dealt a couple key losses in pass-rushing linebacker Markus Golden and offensive guard Mike Iupati. After an embarrassing 34-7 loss to the Philadelphia Eagles on Sunday, the Cardinals knew they had to shake things up and provide a spark.Barnwell agrees with the decision.Paying a little more than $700,000 and giving up a late pick for a player whose upside might still be as a league-average starting running back isn’t much at all. Peterson might be able to both improve the Arizona running game and spark a Cardinals play-action passing attack that ranks 29th in passer rating through five weeks. Desperate teams have taken far more desperate and damaging measures than the Cardinals did Tuesday.last_img read more

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Little upturn on foreign investment without reforms

first_imgBy Angelos AnastasiouA steady economic environment and combating bureaucracy are the two prerequisites to effectively attracting foreign investment to Cyprus, the House commerce committee heard on Tuesday.Addressing the committee, investment promotion organisation CIPA’s chairman Christodoulos Angastiniotis informed the committee that since March 2013, foreign direct investment in Cyprus exceeded €3 billion, including €1.2 billion raised for the recapitalisation of Cypriot banks, and investments in Limassol hotels like Le Meridien (75 per cent investment), Amathus (50 per cent) and Alexander the Great (100 per cent).He also noted an interior ministry announcement of €1.5 billion in revenues to the government from the issuance of permanent resident cards and naturalisation of foreigners who wished to invest in Cyprus.Angastiniotis added that the agency’s efforts continued unabated, noting that an Investors’ Summit would be held in Limassol from February 9 to 11, presenting potential investors with 14 major projects. “Resounding names” will participate in the summit, “including Goldman Sachs, Bank of America, Societe Generale, HSBC and at least 15 funds from the Arab world”, he said.Cyprus International Businesses Association (CIBA) chairman Frixos Savvides called on deputies to “try and address the huge psychological issue that has come up in the public sector due to the recent scandals”.“There is an enormous aversion to initiative”, he claimed.Savvides opined that the reason local banks have not yet started investing the capital they have raised lies with the uncertainty caused by the issue of foreclosures and insolvency legislation.“That is the first thing investors look at”, he said, adding that “until these issues are settled we will not see any serious moves by the banks”.A representative of the Undersecretary to the President Constantinos Petrides’ office said a team has been put together to improve the business environment.Acknowledging that the “one-stop-shop” – a department set up to simplify government bureaucracy – is not yet fully functional, he said the undersecretary’s office was working with the department to improve it.He noted that a study is being prepared on legislation that would govern strategic investment in Cyprus, which would include the benchmark for amounts invested, and how the licensing procedure for strategic investments could be simplified.An action plan, but more importantly “many practical measures”, are in the works, the representative said.Speaking to reporters after the session, committee chairman Zacharias Zachariou said that the “main reason we are unable to attract more [foreign direct investment] is the instability presenting itself to the economic environment on a daily basis”.“When investors are scared off by the uncertainties in the banking sector, when the public service causes them pain, at the end of the day they will find more stable environments and simpler procedures, and we will be stuck looking at models of projects”, he added.AKEL deputy Costas Costa said his party’s view is that the only way out of the downward spiral created by tough austerity policies is growth.“We ask the government to upgrade one-stop shops immediately”, he said.You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoKelley Blue BookYou Won’t Believe How Affordable These Ford Car Models AreKelley Blue BookUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

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