• Alliance hits back at Laxey

    first_imgTuesday 12 April 2011 8:06 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsTruthfinderEnter Any Name, Wait 105 Seconds, See Instant ResultsTruthfinderFinance Wealth PostPatrick Swayze’s Son Is A Spitting Image Of HimFinance Wealth PostSmartAnswers.netUnsold 2020 cars for a fraction of their valueSmartAnswers.netMartha Stewart CBDShop Martha Stewart’s CBD Products NowMartha Stewart CBDeSaver OrgThousands in United States Found the Device That Can Slash The Electricity BilleSaver Org EMBATTLED investment firm Alliance Trust reported a 16 per cent rise in net asset value in 2010 and raised its dividend as it rallied support for its battle with activist investors yesterday.Net asset value reached a three-year high of 439p per share by the end of January, almost 17 per cent more than its 364p share price at that time. The persistent discount has become a lightning rod for activist funds such as Laxey Partners, which has told Alliance to use share buybacks to reduce the discount whenever it goes above ten per cent.Alliance chairman Lesley Knox hit back at the rebels yesterday, telling investors to vote down Laxey’s proposals as the board was “focused on managing the trust in the best interests of long-term shareholders, not those who are motivated purely to make a short-term gain.” Alliance says a sustainable share price will result from better overall performance at the firm. Knox said management had taken “firm actions” to do this that were “driving an improved performance.” Total shareholder return was 19.2 per cent and third party assets rose to £83m in 2010. The dividend rose three per cent to 8.4p per share in 2010. KCS-content Tags: NULLcenter_img Show Comments ▼ Share whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her Alliance hits back at Laxey last_img read more

  • easyJet’s share price has taken off! Is now the time to buy the stock?

    first_imgeasyJet’s share price has taken off! Is now the time to buy the stock? Image source: Getty Images. Enter Your Email Address 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” Over the last few weeks, easyJet (LSE: EZJ) shares have enjoyed quite a spectacular surge. Back in mid-May, you could pick up the shares for less than 500p. Last week however, easyJet’s share price rose as high as 772p at one point.The reason is easyJet recently announced that, after grounding its entire fleet back in March due to Covid-19, it will restart a “small number of flights” on 15 June. That’s obviously a positive development.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…Are the shares worth buying now? Here’s my view. easyJet: uncertainty remains elevatedWhen I last covered easyJet shares in late March, I said there was an “enormous amount of uncertainty in relation to the investment case.” My view was the stock wasn’t worth the risk.Clearly, the outlook now looks a little better for easyJet. In a few weeks’ time, the airline will begin flying again in the UK and France. And the company plans to announce further routes over the coming weeks as lockdown measures across Europe are relaxed and customer demand increases.Make no mistake though, there’s still a lot of uncertainty here. Potentially, it could be years before global travel returns to pre-Covid-19 levels. Recently, easyJet boss Johan Lundgren said he believes passenger numbers won’t return to 2019 levels until 2023.And, in the near term, I think it’s likely Covid-19 will continue to throw spanners in the works for airlines. As an example, just last week, a man onboard a plane in Spain discovered he had Covid-19 mid-air, which forced the aircraft and passengers into immediate quarantine on arrival. And don’t forget about UK quarantine rules. From 8 June, people arriving from overseas arrivals into the UK will have to self-isolate for 14 days. How will this affect travel?An equity raise could hit the share priceMeanwhile, there’s questions over easyJet’s balance sheet. Recently, a top City airline analyst said easyJet may have to raise up to £1bn through a rights issue in the next few months. If EZJ does raise this kind of capital, it’ll most likely hit the share price.All of these issues add a lot of uncertainty, which isn’t what you want as an investor.Warren Buffett’s view on airline stocksUltimately, I think Warren Buffett has it spot on when he said recently that “the world has changed for the airlines.” He recently sold all of his airline stocks, saying the industry has been “really hurt” by events that are far beyond our control. Buffett is one of the greatest investors of all time, so his stance on airlines stocks is probably worth noting.easyJet shares: I think investors can do betterAll things considered, I continue to believe easyJet shares aren’t worth the risk right now. Yes, the share price could continue rising if the Covid-19 situation improves. But it could just as easily crash if the coronavirus situation deteriorates and the travel industry is disrupted for longer. I think buying an airline stock now is too much of a gamble. In my opinion, you’re much better off focusing on companies poised for strong growth in the years ahead, no matter what happens with Covid-19. There are plenty of these types of companies if you know where to look. Simply click below to discover how you can take advantage of this.center_img Edward Sheldon has no position in any 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. 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. Edward Sheldon, CFA | Monday, 1st June, 2020 | More on: EZJ See all posts by Edward Sheldon, CFA 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. 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.last_img read more

  • Kutscherhaus / smartvoll

    first_img Photographs ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Kutscherhaus / smartvollSave this projectSaveKutscherhaus / smartvoll Austria Kutscherhaus / smartvoll ArchDaily 2017 Year:  “COPY” “COPY” Photographs:  Dimitar Gamizov Manufacturers Brands with products used in this architecture project center_img ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Architects: smartvoll Area Area of this architecture project CopyHouses•Vienna, Austria Projects Manufacturers: Alutechnik Matauschek, Occhio, Schlosser Hafner, Wolfgang GallantSave this picture!BeforeRecommended ProductsWindowsFAKRORoof Windows – FPP-V preSelect MAXDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaDoorsECLISSESliding Pocket Door – ECLISSE LuceDoorsGorter HatchesRoof Hatch – RHT AluminiumSave this picture!© Dimitar GamizovText description provided by the architects. In a single enchated courtyard right behind the Museumsquartier (English: museum´s accommodation) we have resuscitated a small, romantic house of a coachman. Back then the coachman had to divide his small living area with the animal’s food chamber and his own space was also split up corresponding to the different functions of eating, sleeping, washing and living, so it was divided into smaller rooms again. One hundred years later we combine eating, sleeping and living in one central island of living. The bathroom, the kitchen and the storage are placed in a double function wall and are kept to a minimum.Save this picture!© Dimitar GamizovSave this picture!Floor plansSave this picture!© Dimitar GamizovThe result is: A small surface can get a huge room! Outside we put a small terrace on the top of the house and keep this in an elegant dress of fins. The resulting room outside doubles the 35m2 one-room-apartment and let the flat be an introverted refugium. The lamellae keep away snoopy looks from outside and tries to orientate the outside-room to the inside, they nuzzle and hug the spiral stairs that are also the beginning of the rooftop terrace. There you can enjoy an unforgettable view to the unmatched museums – old ones and new ones. Save this picture!© Dimitar GamizovSave this picture!© Dimitar GamizovProject gallerySee allShow lessSombra Verde’s 3D Printed Bamboo Structure Bridges the Gap Between Tradition and Tec…ArticlesMasterplan Villa Industria / MecanooSelected Projects Share Houses Area:  35 m² Year Completion year of this architecture project Save this picture!© Dimitar Gamizov+ 18Curated by María Francisca González Share CopyAbout this officesmartvollOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesViennaAustriaPublished on July 09, 2018Cite: “Kutscherhaus / smartvoll” 09 Jul 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldIntegrating Operable Walls in a SpaceGlass3MSun Control Window Film in MarkthalSinkshansgroheBasin FaucetsPaintSTAC BONDComposite Panel Finishes – MetallicsConcreteKrytonConcrete Hardening – Hard-CemSkylightsLAMILUXGlass Skylight FE PassivhausLightsLouis PoulsenOutdoor Lighting – Flindt GardenWindowsVEKAWindows – SOFTLINE 70 ADUrban ShadingPunto DesignPavilion – CUBEDoorsLinvisibileLinvisibile FILO 10 Hinged Door | AlbaWoodHESS TIMBERTimber – GLT BlockGreen FacadesSempergreenLiving Wall – SemperGreenwallMore 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 streamlast_img read more

  • Pontsteiger Residential Building / Arons en Gelauff architecten

    first_img Photographs CopyResidential Architecture, Residential•Amsterdam, The Netherlands The Netherlands Projects Residential Architecture Pontsteiger Residential Building / Arons en Gelauff architectenSave this projectSavePontsteiger Residential Building / Arons en Gelauff architecten MORE landscape (Hosper) 2019 “COPY” Area:  64000 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Pontsteiger Residential Building / Arons en Gelauff architecten ArchDaily ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Save this picture!Courtesy of Ossip van Duivenbode+ 40Curated by Hana Abdel Share Photographs:  Jeroen Musch, Thomas Schlijper, Marcel van der Burg Manufacturers Brands with products used in this architecture project Year:  Architects: Arons en Gelauff architecten Area Area of this architecture project Manufacturers: Koninklijke Tichelaar, Hibex Construction: Landscape: Structural Engineering Company:Van Rossum Raadgevende AdviseursBuilding Physics:DPA Cauberg HuygenClimatization:Hiensch EngineeringFacades:Koninklijke Tichelaar Makkum, HibexCity:AmsterdamCountry:The NetherlandsMore SpecsLess SpecsSave this picture!© Jeroen MuschRecommended ProductsWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusWindowsRodecaAluminium WindowsWoodLunawoodThermowood FacadesWoodAccoyaAccoya® Cladding, Siding & FacadesText description provided by the architects. Pontsteiger (‘ferrypier’) is a large-scale residential project in Amsterdam. The building is located at the end of a 200 metre dam that projects into the water of the river IJ. The ‘Big Friendly Giant’ foreshadows Amsterdam’s growth of high-rise buildings around river IJ. The design creates not just an iconic object but a public space within itself.Save this picture!© Jeroen MuschSave this picture!Ground Floor PlanSave this picture!© Jeroen MuschThe building consists of a six floor low-rise block that wraps around a plaza on the waterfront. Two slender 60 metre high towers at the open end of this block frame the river view. The towers carry a bridge spanning 48 metres rising to a height of 90 metres. The building is elevated 7 metres and set upon a base of four pavilions. The pavilions accommodate lobbies, restaurants, bars and cafes. A marina is located at the westside. The public space on ground level provides access to the water and creates views across the river in every direction. Despite its scale, the building’s elevated volume creates an astonishing light-footed presence on site and a constantly changing appearance from every part of the city.Save this picture!© Jeroen MuschSave this picture!ElevationSave this picture!Courtesy of Ossip van DuivenbodeThe unusual form was designed with apartment dwellers’ preferences in mind: residential demand is highest either at the top of high-rises (penthouse views) or at the base to connect to the liveliness at cityl evel. In Pontsteiger the part in between is simply minimized. The volume is adjusted to its context; low where it touches upon the city’s low-rise new town ‘Houthavens’ (Timber docks) and high where it meets the large expanse of the river.Save this picture!© Jeroen MuschSeven totally different residential programmes were designed in the 13 years of its making. The original concept proved to be capable of adapting to extreme market forces throughout the project (Great Financial Crisis and the resulting Dutch Residential Crisis) while remaining the same in proportion and appearance. Its 22 meter thickness allowed for a variety of circulation types that made a highly adaptable mix of floorplan typologies possible. In the final project the sizes of apartments range between 65 m2 and 410 m2. Pontsteiger contains 366 apartments, 2000 m² of commercial space, and a parking garage with 338 places.Save this picture!© Jeroen MuschThe main structure is concrete. The bridge’s structure consists of four 78 ton steel trusses with four diagonal braces each. Extra insulation, low-energy elevators, LED-lighting and hot-fill washing machines bring the energy demand for heating and electricity to half of what Dutch building law demands. The roof is covered with 2600 m2 of PV and 1800 m2 greenery.Save this picture!Courtesy of Ossip van DuivenbodeSave this picture!DiagramIn the facades of Pontsteiger a playful grid of marble-white concrete is set with artisan glazed bricks. The chameleonic tones of green and bronze create a façade that changes with the light and time of day, just like the surface of the water surrounding the building. All exterior ceilings are clad in timber, lending the building a warm atmosphere while referring to the locations history of timber docks. The glazed pavilions around the plaza have sensuous curves and are constructed with sturdy timber window frames.Save this picture!Courtesy of Ossip van DuivenbodeProject gallerySee allShow lessHotel Sou / Suppose Design OfficeSelected ProjectsThe Bobrowisko Nature Enclave / 55ArchitekciSelected ProjectsProject locationAddress:Amsterdam, The NetherlandsLocation to be used only as a reference. It could indicate city/country but not exact address. Share Bouwbedrijf M.J. de Nijs B.V, Dura Vermeer Bouw Midden West B.V “COPY” CopyAbout this officeArons en Gelauff architectenOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureBuildingsResidentialMies van der Rohe AwardAmsterdamOn FacebookThe NetherlandsPublished on February 08, 2021Cite: “Pontsteiger Residential Building / Arons en Gelauff architecten” 08 Feb 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save想阅读文章的中文版本吗?阿姆斯特丹‘摆渡船’公寓 / Arons en Gelauff architecten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 streamlast_img read more

  • Indiana Universities Receive Grant Money to Help Small and Mid-Sized Farms

    first_img By Eric Pfeiffer – Mar 23, 2021 Facebook Twitter Home Indiana Agriculture News Indiana Universities Receive Grant Money to Help Small and Mid-Sized Farms Indiana Universities Receive Grant Money to Help Small and Mid-Sized Farms SHARE The Department of Agriculture Tuesday announced $11.5 million for research to ensure small and medium-sized farms become more profitable.Announced on National Ag Day, Agriculture Secretary Tom Vilsack says the funding “will give these family farms the tools they need to be more sustainable, profitable and productive as they face agricultural and economic challenges.”USDA’s National Institute of Food and Agriculture awarded 24 grants to 20 universities and organizations through their Agriculture and Food Research Initiative, the nation’s leading and largest competitive grants program for agricultural sciences. These research efforts focus on alternative crop enterprises, marketing, and scaling up fruit and vegetable production to overcome marketing constraints.By focusing on these key elements, USDA says small and medium-sized farm operators can increase their competitiveness in local markets and can provide greater access to food for their communities, something USDA says is extremely critical as we build back a stronger, more equitable food and farming system.Indiana University received $499,997 for research titled,  “Incentivizing Land Access for Small, Beginning and Socially Disadvantaged Farmers and Ranchers: Research, Extension and Community of Practice”.Purdue University also received $499,997 for their research, “Taking the Next Step as a Small and Medium Sized Farm: Understanding the Integration of Production, Food Safety, and Profitability”. SHARE Facebook Twitter Previous articleNational Ag Week Highlights Farmers’ Work During PandemicNext articleUS Beef and Pork Exports Strong Under Phase One Agreement Eric Pfeifferlast_img read more

  • Magazine intern gang-raped in reprisal for taking photos

    first_imgNews IndiaAsia – Pacific Follow the news on India Photo : PUNIT PARANJPE / AFP Receive email alerts In rural India, journalists face choice between covering pandemic and survival News April 27, 2021 Find out more Help by sharing this information August 23, 2013 – Updated on January 20, 2016 Magazine intern gang-raped in reprisal for taking photos RSF demands release of detained Indian journalist Siddique Kappan, hospitalised with Covid-19 to go further News Reporters Without Borders is deeply shocked by yesterday’s gang-rape of an English-language magazine’s young trainee photo-journalist in Mumbai. The organization also condemns the beating that the journalist accompanying her received from her attackers.“We are appalled by this horrendous attack, carried out just a few minutes after she was taking to task verbally for what she was doing as a photographer,” Reporters Without Borders said.“The authorities must do everything possible to identify and arrest those responsible for this crime and bring them to trial. They must also guarantee the safety of journalists and ensure that this form of attack, one of the worst banes of Indian society, does not recur.”The photo-journalist and her colleague had gone to the Shakti Mills business district yesterday evening for a report and were photographing two old buildings when they were stopped by five individuals, who accused them of trespassing on private property. They then beat the man and went on to gang-rape the photo-journalist, who is now in Mumbai’s Jaslok Hospital.The photo-journalist was able to provide the police with the first names of two of her assailants. The police later announced that they had already arrested a suspect who had given them the names of his four accomplices during interrogation. March 3, 2021 Find out more RSF_en IndiaAsia – Pacific June 10, 2021 Find out more News Organisation India: RSF denounces “systemic repression” of Manipur’s medialast_img read more

  • Jailed for ‘chaotic’ driving through city

    first_imgAdvertisement UNDER the influence of drugs and speeding through “major city thoroughfares and intersections” only eventually coming to a stop after smashing into a garda car ,was how the case of a 31-year-old man charged with various road traffic offences was described at Limerick District Court last week. Patrick Byrnes of Knockalough, Kilmihil was charged with five counts of dangerous driving, two counts of criminal damage, driving while under the influence of an intoxicant, failing to stop and driving with no insurance on May 18, 2010.Sign up for the weekly Limerick Post newsletter Sign Up Previous articleDancing and fantasy with the ChippendalesNext articleLibyan in Limerick has met Gaddafi three times admin NewsLocal NewsJailed for ‘chaotic’ driving through cityBy admin – March 10, 2011 570 Facebook Print Email WhatsApp The court heard that gardai were in pursuit of a driver who was city bound from the Ennis Road after he broke a red light and was observed driving in an erratic fashion at Ivan’s Cross.Turning left and driving towards Hassett’s Cross, the motorist was chased by gardai as he continued through the main intersection and on to Sexton Street North before eventually smashing into a second patrol car. Byrnes, the court was told, attempted to reverse away from the scene but crashed into the garda patrol car behind him and eventually was apprehended.The accused man was arrested and charged with the various breaches of the road traffic legislation.Byrnes, with 117 previous convictions and currently serving a five year sentence that was imposed at Ennis Circuit Court since his Limerick incident, was told by Judge O’Donnell that it was an “outrageous performance” which took place at 8.10pm on the night in question at “some of the busiest places in the city, day or night”.The district court judge added that the accused noted “the amount of life and liberty that he put in danger as he drove through almost every intersection on the way into the city”.  The court heard that nobody was injured and that €200 worth of damage was caused to each garda patrol car.Ted McCarthy, solicitor for Byrnes, told the court that the defendant’s driving was “chaotic” on the night in question.He added that the owner of the car was in the back seat and the men had been drinking and were driving from Clare to Limerick when the incident occurred.Mr McCarthy said that his client apologised and “regrets” the matter and that he had had “his difficulties with drink in the past”, but after a young age, “that unfortunately turned to drugs”.Judge O’Donnell took into account the early plea and the lengthy sentence that Patrick Byrnes is currently serving and imposed a total of 18 months for the various breaches of the road traffic legislation. The sentences are to run concurrent to the five year sentence handed down at Ennis Circuit Court. Linkedin Twitterlast_img read more

  • Five things you need to know today, Feb. 1

    first_img OC employee of the year always learning Local News Five things you need to know today, Feb. 1 WhatsApp 2021 SCHOOL HONORS: Permian High School ECISD undergoing ‘equity audit’ Communications director for West Texas Food Bank Craig Stoker, right, speaks about the 17th annual Empty Bowls fundraiser during an interview with University of Texas of the Permian Basin student Danielle Collins, left, Wednesday at UTPB. UTPB, Odessa College and Midland College are planning on supplying 300 bowls each to benefit the West Texas Food Bank. Empty bowls will go from 7 p.m. to 9 p.m. Feb. 2 at Trinity School, 3500 W. Wadley Ave., in Midland. The West Texas Food Bank distributes donated and purchased food to a network of 65 Partner Agencies in 19 counties across 34,000 square miles in West Texas. WhatsApp Pinterest Twitter Previous articleLow-level Andrews nuke dump finds buyerNext articleOPD investigating fatal shooting admin RELATED ARTICLESMORE FROM AUTHOR Pinterest 5. A man was charged on multiple warrants out of Tarrant and Reeves County Monday night outside of 7-Eleven. Facebook Home Local News Five things you need to know today, Feb. 1 Take a look at the news in and around Odessa on Thursday, Feb. 1. Find complete local news coverage in the Odessa American every day, online at and our daily E-Edition at The West Texas Food Bank is partnering with Odessa College, Midland College, University of Texas of the Permian Basin, The Odessa High International Baccalaureate Program, The Boys and Girls Clubs of the Permian Basin and Trinity School to bring you the 17th Annual Empty Bowls event.2. Black History month begins today and continues during February, and as a way of celebrating some of Odessa’s brightest African American students, the Black Cultural Council of Odessa will host “An Evening with the Stars” Saturday.3. The recent sale of Waste Control Specialists ensured that the low-level radioactive waste dump in Andrews County will continue operating with its workforce intact, ending the struggling company’s search for a buyer.4. Odessa police are investigating a homicide that occurred overnight in the 2200 block of Richmond Street. Twitter Facebook Virgin Coco MojitoSummer Spaghetti SaladSouthern Style Potato SaladPowered By 10 Sec Croissant Breakfast Sandwich Casserole NextStay By admin – February 1, 2018 last_img read more

  • Did Dodd-Frank Achieve Its Stated Goal of Ending ‘Too Big to Fail’?

    first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Dodd-Frank Act still allows the Fed to make some of the same emergency lending programs used in the aftermath of the 2008 crisis despite the legislation’s stated purpose of ending such bailouts, according to a study by Norbert J. Michel, Research Fellow in Financial Regulations, the Institute for Economic Freedom and Opportunity at the Heritage Foundation.Michel called the fact that the Fed is still allowed to make such emergency lending “perhaps the biggest mistake of Dodd-Frank.””Congress should restrict the Fed to providing system-wide liquidity on an ongoing basis,” Michel said. “The Fed does not need emergency lending authority to conduct monetary policy.”The purpose of Title XI of Dodd-Frank as stated was to restrict the Fed’s emergency lending ability, thus protecting taxpayers from future bailouts. Title XI essentially forces the Fed to adhere to the classic prescription of the lender of last resort (LLR) policy developed by longtime editor of The Economist Walter Bagehot in the 19th century. The classic LLR policy is characterized by two norms: The central bank should prevent panic-induced contractions of the economy’s supply of money, and the central bank should provide short-term, high-interest loans to solvent institutions that provide good collateral.”Congress should restrict the Fed to providing system-wide liquidity on an ongoing basis.””[T]he central bank ensures that the entire banking system has enough liquidity (base money) to prevent a panic from spreading to the broader economy,” Michel wrote. “However, the classic prescription made clear that a central bank had no duty to save specific firms. To avoid sustaining insolvent private banks, the central bank was to provide temporary, high-interest-rate loans only to borrowers who could post sound collateral.”The Fed carries out the role of LLR for the U.S. economy through three functions: emergency lending, discount window loans, and open market operations. Broad-based emergency lending programs resulted in the Fed lending a total of $16 trillion during the 2008 financial crisis, which is a type of lending that perpetuates the too big to fail problem, Michel said. Despite this, Dodd-Frank allows the Fed to conduct that type of lending.””Congress should restrict the Fed to providing system-wide liquidity on an ongoing basis,” Michel said. “Emergency lending authority is unnecessary for conducting monetary policy.”To achieve this, Michel said Congress should:Revoke Section 13(3) of the Federal Reserve Act, which authorizes the Fed to lend to “any participant in any program or facility with broad-based eligibility” in “unusual and exigent circumstances.”Close the Fed’s discount window, which is a “relic of the Fed’s founding and is no longer necessary,” according to Michel.Improve system-wide liquidity by replacing the primary dealer system, which currently requires the Fed to depend on a small number of large firms, thus reinforcing the tag of “systemically important.”End the FDIC’s authority to provide guarantees. The FDIC used its systemic risk exception contained in Section 13(3) of the Federal Reserve Act to guarantee hundreds billions of dollars worth of loans immediately after the 2008 crisis. Michel said the systemic risk exception should be eliminated.Retain and expand key Dodd-Frank transparency improvements, such as the provision that authorizes the Government Accountability Office (GAO) to audit the Fed’s emergency lending programs and requires the Fed to post the results of key GAO audits on its website.”Little evidence suggests that Federal Reserve emergency lending to individual institutions is either necessary or proper, but such lending clearly politicizes the Fed’s monetary policy,” Michel wrote. “Merely restricting the Fed’s emergency lending leaves intact the notion that the Fed should bail out firms—a dangerous view, to say the least. Title XI of Dodd–Frank failed to end the too-big-to-fail problem largely because it retained this belief.”Click here to read the entire study. About Author: Brian Honea Demand Propels Home Prices Upward 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Previous: The MReport Webcast: Wednesday 9/30/2015 Next: Elizabeth Warren Leads Protest of Agency NPL Practices Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Tagged with: Dodd-Frank Federal Reserve Government Bailouts Too Big to Failcenter_img Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago September 29, 2015 1,239 Views Share Save Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Did Dodd-Frank Achieve Its Stated Goal of Ending ‘Too Big to Fail’? Dodd-Frank Federal Reserve Government Bailouts Too Big to Fail 2015-09-29 Brian Honea The Best Markets For Residential Property Investors 2 days ago Did Dodd-Frank Achieve Its Stated Goal of Ending ‘Too Big to Fail’? Subscribelast_img read more

  • Security alert ends in Derry

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