The State Minister said that under President Maithripala Sirisena, Sri Lanka has been able to obtain assistance from several countries, including the US and India. He said that Sri Lanka will not forget the assistance given by China in the past but the Government feels Sri Lanka cannot move forward only with the backing of China.The State Minister said the Government has also noted the importance of having very close relations with India. He said Sri Lanka’s international relations have improved after January 8 last year when the new Government took office. He said that the Government will however also take decisions as a sovereign country while working with the international community. (Colombo Gazette) The Government says it has the backing of all UN Hyman Rights Council (UNHRC) member countries including those who opposed Sri Lanka when the former Government was in power.State Minister of Finance Mahinda Samarasinghe said that Sri Lanka cannot go forward by having close links only with a few countries.
Peter J. Thompson/National Post files A $600-million partnership between Cargojet Inc. and Amazon.com Inc. will give the online retailer the option to purchase nearly 15 per cent of the Mississauga-based air cargo carrier over the next seven and a half years.The deal sent Cargojet’s stock soaring by more than 20 per cent Friday morning before falling back a bit, even though analysts said the deal doesn’t materially change the financial outlook for the company.“It’s just basically intertwining their interests,” said Nick Corcoran, an analyst for Calgary-based Acumen Capital. Inside Amazon and Shopify’s race to master time and space in e-commerce Cargojet breaks even in first quarter compared with a profit a year ago FedEx won’t be flying Amazon parcels around the U.S. anymore “I don’t see this changing my numbers, but I think this just addresses one of investors’ concerns about the stock, in that people didn’t really know what Amazon’s strategy would be.”Under the deal, Cargojet will issue warrants to Amazon allowing for the purchase of up to 9.9 per cent of voting shares over a six and a half year period at $91.78 per share, if Amazon delivers up to $400 million in business volume over the same period. The share price was determined by the volume-weighted 30-day average immediately before the deal was reached.Amazon will have the option to purchase another five per cent of Cargojet if the e-commerce giant brings in another $200-million worth of business, after the first tranche of warrants has vested.Ultimately, several analysts said the deal offers certainty to both companies, and it’ll give Amazon an opportunity to benefit from Cargojet’s success.Robert Kokonis, president and managing director of AirTrav Inc., a Toronto-based aviation consulting business, said the deal indicates how important e-commerce is becoming in the world of shipping and logistics. “At the end of the day, it’s all about locking up capacity, right? Because in the world of e-commerce giants and whatnot, there’s only a certain amount of airline capacity out there, unless you yourself want to go out and buy jets, which is an expensive proposition,” Kokonis said.“Why would you want to take that risk? Let CargoJet be the one to go out and secure those assets.”In recent years, Amazon has made a major push to build out a network of warehouses and shipping infrastructure, in order to drive faster delivery times for customers.A recent study by RBC Capital Markets found that today roughly 57 per cent of Canadian households are served by same-day or one-day shipping, compared to 16 per cent of Canadian households in 2015.According to an RBC survey at the end of 2018, 85 per cent of Canadians had purchased something from Amazon, compared to just 32 per cent of respondents buying from Walmart Inc., the second-place e-commerce provider.To service their e-commerce volumes, Amazon has opened seven fulfillment centres across the country, with two more scheduled to open later this year in Ottawa and the Greater Toronto Area. Each of the two new fulfillment centres are around one million square feet.The cluster of five Amazon fulfillment centres in the GTA was enough to make Kokonis wonder if Cargojet will shift operations in order to better accommodate Amazon.“I don’t know if (this deal) might change things. Would Cargojet, for example, look to establish a secondary hub at Toronto Pearson airport?” he said.“Cargojet’s big hub is in Hamilton at the John C. Munro International Airport and this is really going to give an additional, further boost to that airport.”On a call with analysts, Cargojet management emphasized that the deal doesn’t buy Amazon preferential treatment on shipping, even though they have an option to buy a piece of the company.Cargojet founder, President and CEO Ajay Virmani at his Mississauga, Ont., offices, in August 2016. “It is worth emphasizing that a stronger targeted network is beneficial to all our existing customers,” said Ajay Virmani, president and chief executive officer. “Whenever we have added a major customer in the past the expanded and enhanced network was made available to all our customers. This created a new opportunity for everyone, (and) we will continue with that philosophy.”Virman also noted that for now Cargojet’s existing fleet can handle the workload.“(But) if the volume grows, as you know e-commerce is growing tremendously in this country, and if we see the need to expand, we definitely will. But at present time I think we can handle it for the next couple of years.”• Email: email@example.com | Twitter:
VICTORIAVILLE, Que. — Pierrick Dube scored with 1:01 left to play as the Quebec Remparts slipped past the Victoriaville Tigres 3-2 on Wednesday in Quebec Major Junior Hockey League action.Christian Huntley and Thomas Caron also scored for the Remparts (11-11-5). Dereck Baribeau made 21 saves for the win.Adam Gaudreau and Dominic Cormier replied for the Tigres (11-12-3). Fabio Iacobo kicked out 26 shots for Victoriaville.Quebec couldn’t score on its three power plays and the Tigres were 0 for 1 with the man advantage.—SCREAMING EAGLES 6 SEA DOGS 2SYDNEY, N.S. — Ian Smallwood’s goal at the 12:25 mark of the first period was the eventual winner as Cape Breton rolled past Saint John.Shaun Miller, Gabriel Proulx, Adam McCormick, Olivier Bourret and Isiah Campbell rounded out the attack for the Screaming Eagles (14-11-2).Charlie DesRoches and Anthony Boucher replied for the Sea Dogs (2-21-3).The Canadian Press
A 28-YEAR-OLD MAN is in serious condition at Cork University Hospital after being struck by a car in Cork last night.The collision happened at around 8pm last night when the pedestrian was hit by the vehicle at Upper Strand in Youghal. He was brought by ambulance to CUH. The condition of the driver is not known.The road remains closed while a forensic examination of the scene is carried out this morning. Diversions are in place in the area.Gardaí have asked for any witnesses to contact Youghal Garda Station on 024 – 92200 or the Garda Confidential Line on 1800 666 111.
Noonan, Hayes and Mitchell in Dublin just now. #election2014 #finegael pic.twitter.com/zHTAwLqjBZ— Órla Ryan (@orlaryan) May 20, 2014 Updated 11.11pmMICHAEL NOONAN HAS said the government will review its approach to discretionary medical cards after this week’s European and local elections.The finance minister said action would not be taken on the matter this week to avoid it being dismissed as a “stunt”.The review of medical cards has to be changed. We’re not going to do it before the election because we’d be accused, probably, of some kind of stunt. Shortly after the election that issue will be at rest, preparatory work has been done already.The government has been sharply criticised recently after many people lost their rights to the cards.Noonan was speaking at an event in Dublin this afternoon where he and outgoing MEP Gay Mitchell officially endorsed Fine Gael’s European election candidate in the capital, Brian Hayes.Noonan said that he was initially “disappointed” when he found out that Hayes, who is the junior minister at the department of finance, was going to run for a seat in Europe.He said Hayes was the right person for the job but, if elected, it would mean a huge loss to the both department and him personally.Hayes returned the favour, describing Noonan as the “glue” that holds Fine Gael and Labour together.He also welcomed Noonan’s recent promise of income tax breaks in this and next year’s budgets. Source: Órla Ryan/Twitter “More money in people’s pockets will encourage spending in the domestic economy which only incentivises job creation. The best and fairest economic stimulus of all is a tax cut. Supporting job growth must remain the clear focus of government and tax breaks for people at work is the logical next step,” Hayes stated.He added that many emigrants are not coming home due to our “penal” tax rates.Opinion pollsNoonan denied Labour’s poor showing in recent polls was a cause for concern, saying all coalition ministers were doing “a very good job”.Noonan said opinion polls often gave “contradictory” information during what is a “very volatile campaign”. He added that while out canvassing with Ireland South candidate he encountered “very little friction on the doorstep”.We signed up for five years … our job is not finished.He stressed the importance of voting in the local election, saying councillors “will decide how people’s taxes are spent”.Mitchell, who has been an MEP for Dublin since 2004, said Hayes was the “right man” to send to Europe.In the European Parliament it’s more to do with perseverance, networking, contact with the group you’re a member of. The European People’s Party, with which Fine Gael is affiliated, is the most respected and is going to be the biggest group [in the Parliament].Mitchell said an effective MEP was someone who could negotiate and compromise, not a person who would always complain and ”jump up and down”.- First published 4.16pmRead: ‘They took the medical card from our little girl. She has Cerebral Palsy and may never walk’Related: Outsourcing of medical card reviews to German company blamed for ‘bizarre judgements’Read: Noonan: Income tax burden will be eased next year, Gilmore: ‘It’s too soon to speculate’
Facebook Twitter: @NeosKosmos Instagram Priscilla Savvopoulos, a student of Doncaster secondary college in Victoria, has been awarded the prestigious Giamiadakis Award for best student of the year in Modern Greek. Priscilla, who scored a perfect 50 out of 50 in Greek as part of her VCE Year 11 studies was presented with the award at the opening of the annual conference of the Modern Greek Teachers Association of Victoria (MGTAV). This year’s conference was attended by 65 teachers of Greek from across the state who came together to examine the latest methadologies to enhance their teaching of Greek, developments in relation to the national curriculum, and to network with colleagues.
Suncity Group looking to develop new resort hotel in Okinawa, Japan after US$10 million land purchase Osaka approves Yumeshima site for commercial development in latest IR move Load More RelatedPosts Suncity Group, Bloomberry Resorts unveil Wakayama IR visions Japan’s IR Promotion Headquarters has outlined its intention to implement three key lines of work, including the establishment of the country’s Casino Administration Committee, by 1 April 2019.The plan was revealed on Tuesday by Toshiya Morishige, Secretary General of the IR Promotion Headquarters, at a study session for municipalities hosted by the Japan IR Association and taking place in the 2nd House of Representatives diet member’s hall. The process of developing Japan’s IR has been on schedule since the promulgation of the IR Development Act in July of last year. “The IR Promotion Headquarters is currently proceeding with three lines of work. Of these, a government bill is in the works. We intend to complete the procedures this fiscal year for implementation on 1 April,” Morishige said.Toshiya MorishigeAs well as establishment of a Casino Administration Committee, the three lines of work also include preparation of a government ordinance and preparing a basic policy to be drafted by the Minister of Land, Infrastructure, Transport and Tourism.This also includes the collection of public comments regarding the “IR (specified complex tourist facilities region) Development and Promotion Ordinance (draft)” as announced on 1 February and previously reported by IAG. The deadline for these comments was 4 March.Morishige also explained at Tuesday’s meeting the basics of International Conference Halls and Exhibition facilities, with MICE to form an essential part of Japan’s IRs.Japan is looking to make its IR MICE facilities among the largest in the world, with an international conference hall with a maximum capacity of over 6,000 people. Currently the largest in Japan are the Tokyo International Forum and Pacific Yokohama with capacities of 5,000.This enormous exhibition hall is expected to cover more than 120,000 square meters, far exceeding Tokyo Big Sight’s 95,000 square meters.
Fishing boats in Petersburg’s South Harbor (KFSK file photo)The National Marine Fisheries has published a final rule allowing use of electronic monitoring instead of an on-board human observer for smaller longline and pot gear fishing vessels. The final rule published Tuesday, August 8 allows vessels under 60 feet fishing for halibut and groundfish to volunteer for video camera monitoring for next year’s season.Chris Rilling is the director of the fisheries monitoring and analysis division at the agency’s Alaska Fisheries Science Center in Seattle.“Many of these vessels have had limitations in terms of space or life raft capacity for carrying an observer and so we’ve been working with these vessels to develop electronic monitoring alternatives to collect the data we need for management purposes,” Rilling explained this week.A series of cameras is used to document fish species that are caught, kept or tossed back overboard. That information is used to manage fisheries. One camera also monitors compliance rules on discarding fish overboard along with seabird avoidance measures used on each boat.The rule applies to part of the fleet that’s under partial coverage; not every boat is required to carry an observer. Instead observers have been placed on randomly selected boats. 90 vessels volunteered to be in the program this year, what’s called a “pre-implementation phase.” This final rule makes the voluntary video monitoring permanent and it takes effect September 7th. The deadline to apply to take part in electronic monitoring for next year is November 1st. All boats, even those already entered in this year’s phase have to re-apply by that date in order to take part next year.Dan Falvey of the industry group Alaska Longline Fishermen’s Association thinks electronic monitoring (EM) in its first phase has been working well.“We’ve been in pre-implementation for two years now and every year more boats indicate an interest in signing up,” Falvey said. “Mostly it’s just because they’re learning about EM systems and making a decision whether taking a camera and turning it on when selected is more compatible with their vessel operations than trying to take a human observer out.”Falvey said the final rule is a long time coming. He credited Senator Lisa Murkowski for persuading the agency to consider the alternative type of monitoring and thanks the National Fish and Wildlife Foundation for grant funding to industry associations for the program.Groundfish boats already pay a one and a quarter percent landing fee for the observer program. The federal agency this year and next is covering the cost of video monitoring. Starting in 2019, that money will pay for both human observers and electronic monitoring.The agency expects coverage on around 30 percent of trips next year. That’s higher than the coverage rate for observers on those boats this year. Other fleets in Alaska are already using electronic monitoring mainly for compliance with fishing regulation and limits.Boats eligible to apply for the electronic monitoring will be getting a letter from the federal agency. The online application system is not expected to be up and running until later this summer. Once it is functioning fishermen can apply here or contact a call center at 1-855-747-6377.
Prime minister Sheikh Hasina speaks at a press conference at her official residence Ganabhaban in Dhaka city on Friday. Photo: PIDPrime minister Sheikh Hasina on Friday said it is not her policy to divide any party or do anything that leads a party to a split.”To divide a party or to do anything (harmful) to any party isn’t my policy. We usually get many proposals…I’m very much rigid about it,” she said while responding to a question at a press conference at her official residence Ganabhaban.The press conference was convened to brief the media about the outcomes of the official visit of the prime minister to Brunei from 21 to 23 April last.Sheikh Hasina said those who formed parties under the purview of agencies they know their path very well. “They sought their shelter there…it’s not a matter to divide a party… why should we go for that? ” she questioned.Hasina, also the chief of the ruling party, firmly said Awami League has enough manpower and followers, and it does not need any more from other parties.”AL itself is enough to ensure the welfare of people,” she said.The prime minister said every party has its own characteristics and they are very much independent to take any decision regarding their own party as the country has multiparty democratic system.”BNP is a political party; whatever it does it is its own political decision. Any other party cannot impose their decisions on them,” she said.Regarding the oath-taking move by a BNP MP defying the party decision, Hasina said there is no pressure from the government on the elected MPs to take oath.”Why should we put pressure on them… they’ve already said the people of their own constituencies are mounting pressure on them… they took the oath on their own,” she said.Hasina mentioned that the BNP MP after taking his oath said he would speak for his own party in parliament.Responding to a question about the much-talked-about parole of Khaleda Zia, the prime minister said for availing of parole one has to apply first. “So far, no one has applied for that,” she added.
“Javier Muñoz, our leading man, is the broken mirror where the most materialistic aspirations of modern society are reflected,” they added, calling the film “our most personal and bold proposal.”Netflix has signed one talent deal in Spain, with Alex Pina, the creator of “Money Heist” (“La casa de papel”). Since releasing its first Netflix Original film order in Spain with Roger Gual’s “Seven Years,” Netflix has moved, however, to collaborate on a single film basis with outstanding Spanish directors such as Isabel Coixet, on the upcoming lesbian drama “Eliza and Marcela,” and Daniel Sánchez Arévalo, who is working on coming of age drama “Diecisiete.”Netflix also announced recently that Argentine director Gabriela Tagliavini is directing “A pesar de todo,” a female-focused comedy road trip film starring Spanish superstars Blanca Suárez, Macarena García, Amaia Salamanca and Belén Cuesta. All three of these new films are scheduled for release in 2019. A thriller, turning on an “obsession” which “knows no limits,” Netflix announced in a statement Tuesday, “Hogar” exploits the Spanish sense of “hogar” as not only a home but the place where one belongs, telling the story of Javier Muñoz, once a successful executive who after a year of unemployment makes the fateful decision with his family to leave the apartment that they can’t afford.One day, he discovers that he still has a set of keys to his old home, starts spying on the young couple that now lives there, then, little by little, begins infiltrating their lives, determined to recover the life he has lost, come what may.Bruna Cursi, a sought-after actress after her Spanish Academy Goya winning performance in “Summer 1993,” and Ruth Díaz (“Tarde para la ira”) complete the key cast of film about two couples who, Netflix said, are apparent strangers but for one thing in common: an apartment.An admired character actor for years, Gutiérrez broke through to far broader acclaim playing a police officer with a compromised past in Alberto Rodriguez’s “Marshland,” starred in Movistar +’s breakout comedy hit “Spanish Shame” and in Spain’s Oscar submission “Champions,” which has earned $22.2 million at Spanish cinema theaters this year.Casas has gone the other way. Spain’s biggest heartthrob, thanks largely to TV roles and “Palm Trees in the Snow,” he has taken on evermore challenging character roles, climaxing in his performances in “Contratiempo,” which grossed $25 million in China, and as a Nazi concentration camp inmate in “The Photographer of Mauthausen.”David Ramírez (“Narcos”), David Selvas (“Contratiempo”), Raül Ferré (“What The Future Holds”), David Verdaguer (“10.000 km”) Vicky Luengo (“Las leyes de la termodinámica”), and Ernesto Collado (“The Realm”) also form part of the cast.“Hogar is a project we’ve been dreaming about for years that explores some of our favorite topics: Desire, ambition and the insanity hidden beneath the peaceful surface of everyday life”, David and Alex Pastor stated. MADRID — Unveiling its highest-profile Spanish original film to date, Netflix announced on Tuesday that Spanish actors Javier Gutiérrez and Mario Casas will star together for the first time in “Hogar.”Shooting in Barcelona, “Hogar” has initiated production and will premiere only on Netflix in 2020.“Hogar” is directed by Spanish brothers Alex and David Pastor, who have carved a reputation for upscale genre films or thrillers, working with leading U.S. and Spanish companies such as Paramount Pictures (“Carriers”) and Morena Films (“The Last Days”). It is produced by Barcelona-based Nostromo Pictures, one of Spain’s most internationally-minded production houses whose credits include the Damien Chazelle-written “Grand Piano” and Rodrigo Cortes’ “Red Lights,” with Cillian Murphy, Sigourney Weaver and Robert De Niro. “Hogar” marks the first Netflix Original collaboration between the U.S. streaming giant and Nostromo. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Popular on Variety
Kolkata: Calcutta Medical College and Hospital (CMCH) Principal Uchhal Bhadra fell ill after he was heckled by some MBBS students, who continue to protest for the past eight days at the hospital premises, demanding a new hostel accommodation.It is alleged that it was a politically motivated incident, where the Principal was targeted with mala-fide intentions.It happened after a scuffle broke out during the agitation inside the hospital on Tuesday. Also Read – Rain batters Kolkata, cripples normal lifeThe Principal was immediately taken to the Cardiology department of the hospital for treatment. He was, however, shifted to SSKM Hospital in an ambulance.A section of doctors in the hospital said that agitating students tried to put block the ambulance from going away. They called it an unfortunate incident.Earlier in the day, the Principal of CMCH held a press conference regarding the ongoing students’ agitation.He said the CMCH authorities have agreed to meet the demands. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThe agitating students were assured that they would be given a new hostel accommodation, whereas in some of the cases, the condition of some hostel rooms would be improved. Around 276 hostel rooms have also been allotted by the CMCH authorities.But the agitating students refused to listen to the authorities and demanded rooms in the new hostel building.They gheraoed the Principal when he was coming out of the press conference. The incident triggered tension on the medical college campus on Tuesday. It was learnt that Bhadra, who has blood pressure, felt chest pain following the incident.After primary treatment in CMCH, the Principal was taken to SSKM Hospital, where he is currently undergoing treatment in the ITU. Several tests were performed on him.The agitating students, however, threatened to submit a memorandum to the Governor placing their demands.The second, third and fourth year MBBS students of CMCH started a protest agitation inside the hospital campus, nearly seven days ago, demanding a new hostel for them.The move was taken after the first year MBBS students were given a new hostel by the CMCH authorities.The students taking part in the agitation alleged that the hostel meant for them is not in a good condition.
Visual Basic issues in Windows August 2019 Updates by Martin Brinkmann on August 15, 2019 in Windows – 16 commentsMicrosoft added a new known issue to all cumulative updates that it released for Windows client and server versions in August 2019.The issue states that applications may stop responding if they use Visual Basic 6, Visual Basic for Applications, or Visual Basic Scripting Edition. Apps may throw the error “invalid procedure call error” in that case.After installing this update, applications that were made using Visual Basic 6 (VB6), macros using Visual Basic for Applications (VBA), and scripts or apps using Visual Basic Scripting Edition (VBScript) may stop responding and you may receive an “invalid procedure call error.”Cisco XenApps appear to be affected by the issue according to a post on Born’s site.All cumulative updates that Microsoft released appear to be affected by the issue. The known issue has been added to release pages for all supported versions of Microsoft Windows:Windows 7 and Windows Server 2008 R2: KB4512486 and KB4512506Windows 8.1 and Windows Server 2012 R2: KB4512488 and KB4512489Windows 10 version 1507: KB4512497Windows 10 version 1607 and Windows Server 2016: KB4512517Windows 10 version 1703: KB4512507Windows 10 version 1709: KB4512516Windows 10 version 1803: KB4512501Windows 10 version 1809 and Windows Server 2019: KB4511553Windows 10 version 1903 and Windows Server 1903: KB4512508Microsoft notes that it is investigating the issue currently and that it plans to distribute an update as soon as the issue is resolved.Microsoft revealed plans last month to disable VBScript by default on machines running Windows 7, Windows 8.1, Windows Server 2008 R2 or 2012 R2. The company disabled VBScript on machines running Windows 10 a month early already.Microsoft has not revealed additional information about the issue; it is likely that it is related to the announced disabling of VBScript on all versions of Windows.Organizations — and the bug affects organizations for the most part — who run apps or tools that require a Visual Basic flavor may want to block the August 2019 updates until the issue is resolved. Those who have installed the patches already can uninstall the Windows Updates to resolve it.Closing WordsAn issue that affects all different versions of Visual Basic on all supported versions of Windows, that is a major one. Microsoft really needs to rethink testing and evaluating of updates to avoid major breakage like this from happening especially if it concerns in-house products like Visual Basic.Now you: what is your take on this issue?SummaryArticle NameVisual Basic issues in Windows August 2019 Updates DescriptionThe August 2019 cumulative patches for all supported versions of Microsoft Windows cause major breakage with Visual Basic applications.Author Martin BrinkmannPublisher Ghacks Technology NewsLogo Advertisement
Those sport fishing this year will be required to put fish back into the sea that measure under 251 cms. According to the National Institute of Fisheries and Aquaculture the capture of blue marlin, white marlin and other related species represents approximately 14 percent of the total catch made by the tuna fleet with longline in the Gulf of Mexico and the Caribbean Sea. Cancun, Q.R. — The government of Mexico has set a limit for both food and sport fishing for the 2019 season. They remind people that the Ministry of Agriculture and Rural Development, through the National Commission of Aquaculture and Fisheries, has the power to administer and regulate the use, as well as promote the sustainable use of the resources of the aquatic flora and fauna, ordering the activities of the people involved and establishing the conditions in which fishing operations must be carried out. The government stresses that anyone caught not abiding by the laws as set out in the Diario Oficial de la Federación will be subject to penalties under the Ley General de Pesca y Acuacultura Sustentables. According to the publication in the Diario Oficial de la Federación, a maximum of 70 tons of Blue Marlin will be permitted for 2019, a figure set to include both fishermen and sport fishing. The publication also says that a limit of 25 tons has been set for White Marlin and that all live-caught billfish must be returned to the sea. They add that they will be in charge of monitoring boats and activities in both the Caribbean Sea and Gulf of Mexico noting that the establishment of catch volumes for the different species is a tool for fisheries management that contributes to the development of responsible fishing. Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on WhatsApp (Opens in new window)
October 7, 2013 400 Views Share Higher interest rates continued to shrink the population of “”refinancible”” loans in August, but they may open the door for greater home equity loan activity, “”Lender Processing Services””:http://www.lpsvcs.com/Pages/default.aspx (LPS) reported in its August Mortgage Monitor.[IMAGE]According to LPS’ data, the monthly prepayment rate–historically a good indicator of refinance activity–has dipped more than 30 percent in the months since May, with mortgage interest rates climbing nearly 100 basis points in that same time.As a result of those shifts, the percentage of borrowers in loans with interest rates high enough for refinancing to make sense has dropped significantly, says Herb Blecher, SVP for the technology and analytics firm.[COLUMN_BREAK]””Over half of borrowers are now ‘out of the money’ with respect to refinancing,”” Blecher said. “”In December 2012, the population of potentially refinance-eligible borrowers stood at roughly 10 million. However, refinance activity during that time, along with rising interest rates, have shrunk that pool to just 5.7 million borrowers as of August.””At the same time, though, rising interest rates–combined with improvements in home prices over the last year–may “”wind up contributing to a new appetite for home equity loans,”” he added.””After bottoming out at the beginning of 2012, home prices are now at their highest levels since 2009, and borrowers who bought or refinanced within the last few years are quite likely to have accumulated additional equity in their homes,”” Blecher commented. Based upon an analysis of historical borrowing patterns and home value trends, LPS anticipates an increase in second-lien borrowing among borrowers who locked in at low rates and who want to tap into their equity without refinancing at a higher rate.In fact, if recent vintages follow the 2003 vintage, the number of first-lien mortgages that have a second lien on them could approach 50 percent by 2017, the company says. Mortgage Rate Hikes Drain Pool of ‘Refinancible’ Loans Agents & Brokers Attorneys & Title Companies Home Equity Home Prices Investors Lender Processing Services Lenders & Servicers Mortgage Rates Refinance Service Providers 2013-10-07 Tory Barringer in Data, Origination
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Cyprus’ energy plans are on track and news of developments is expected soon, the government spokesman said on Monday.“All is proceeding as planned and there is absolutely no change in the plans of the Republic…announcements regarding to the implementation of our energy plans should be expected within the next week,” Nicos Christodoulides told the state broadcaster.He was being asked a follow-up question relating to the stalled reunification talks and their possible impact on the exploitation of hydrocarbons reserves.But Christodoulides demurred on a question as to whether the developments concerned the third licensing round.Cyprus launched its third offshore licensing round in May 2016. Three blocks (6, 8 and 10) have been put up for auction.In late December, the government announced the preferred bidders with whom it would begin negotiations with a view to awarding concessions in the third licensing round.The preferred bidders are: the consortium of ExxonMobil and Qatar Petroleum for Block 10; the consortium of ENI and Total for Block 6; and ENI for Block 8.Officials at the time said a final decision – awarding concessions or not, and for which offshore blocks –was expected around late February.Turkey, which does not recognise the Republic, has repeatedly warned Nicosia it cannot exploit its hydrocarbons reserves ‘unilaterally’ and that the island’s wealth must be shared by both communities.Speaking at the 13th Economic Cooperation Organisation Summit in Islamabad last week, Turkish Cypriot leader Mustafa Akinci said the island’s natural gas deposits will continue to be “an element of tension” unless and until a political settlement is reached.Noting that an energy corridor from “southern Cyprus” into “northern Cyprus” would serve peace, he added: “Cyprus’ natural gas deposits are ours, too.”On plans by Israel, Greece, and Cyprus for a subsea electricity cable, Akinci said: “Instead, an Israel-Cyprus-Turkey route could be less expensive and easier.”As quoted by Anadolu Agency, Akinci said that “if a settlement is reached, water coming from Turkey to the island’s north would be shared with the south.”“Cooperation in the field of energy benefits everyone in the region. That’s the smart way. For this, a resolution on Cyprus is necessary.” You May LikeHeart Failure Treatment | Search AdsThe Early Signs Of Heart Failure. Search Acute Heart Failure TreatmentHeart Failure Treatment | Search AdsUndoSenior Living | Search AdsThe Cost of Senior Living in Rowland Heights Might Surprise YouSenior Living | Search AdsUndoClassmates.comLook For Any High School Yearbook, It’s FreeClassmates.comUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoThe Deniz boat incident showed clearly the intentions of the Turkish sideUndoby Taboolaby Taboola
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Kashmir: Glimpses of History and the Story of Struggle?Mehbooba on Tuesday submitted her resignation to Governor NN Vohra whose rule the BJP is now supporting Arjun Sharma is a Jammu-based freelance writer and a member of 101reporterscom a pan-India network of grassroots reporters Ghazipur (Uttar Pradesh): Refuting Prime Minister Narendra Modi’s claim of ISI’s involvementin the Kanpur train accident Uttar Pradesh Chief Minister Akhilesh Yadav has alleged that BJP leaders were used to seeking votes by "misguiding" people File image of Akhilesh Yadav PTI "Our railway minister could not take care of the tracks in Kanpur and gave a false report to the prime minister that the ISI had damaged the tracks I want to say that since the incident occurred in Uttar Pradesh at least I should have been informed about it But no information no truth in it" he said duringan election rally Akhilesh also alleged that the leaders of the saffronparty were "used to seeking votes by misleading the people" Ghazipur is the Lok Sabha constituency of Union Ministerof State for Railways Manoj Sinha As many as 150 people were killed in a train mishap inKanpur on 20 November 2016 and another train got derailed there on 28 December It was said that Pakistan’s ISI was responsible for the incidents Regarding Union ministers and senior BJP leaderscampaigning for the ongoing Assembly election in the state the chief minister said "Had the prime minister brought his work here (in Uttar Pradesh) his ministers would not havebeen required to campaign for his party" In a veiled reference to the ongoing campus row in DelhiUniversity involving ABVP Akhilesh asked "I want to ask those patriotic people of the BJP whoare displaying their nationalism in Delhi what have they done for the soldiers who laid down their lives for the country What help was extended to their families? and proposed solutions include a tightly controlled permit system. "My brother, about 35 kilometres from the city. Republicans have been losing track of this fact in the 21st century, I feel I have become better at taking free kicks, In such cases, He urged the cleric and the Bakare family to take solace in the fact that the late Mrs Bakare lived long enough to witness the enormous successes achieved by her children. who was in-charge of Goa for the state assembly polls.
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