Kenya Commercial Bank Limited (KCB.tz) HY2016 Interim Report

first_imgKenya Commercial Bank Limited (KCB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2016 interim results for the half year.For more information about Kenya Commercial Bank Limited (KCB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited (KCB.tz) company page on AfricanFinancials.Document: Kenya Commercial Bank Limited (KCB.tz)  2016 interim results for the half year.Company ProfileKenya Commercial Bank Limited is a leading financial institution in Tanzania offering retail and corporate banking services as well as mortgages, treasury and Bancassurance services. Kenya Commercial Bank offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in Treasury Bills and Bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Dar es Salaam Stock Exchange.last_img read more

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Dangote Cement Plc (DANGCE.ng) 2016 Annual Report

first_imgDangote Cement Plc (DANGCE.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2016 annual report.For more information about Dangote Cement Plc (DANGCE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Dangote Cement Plc (DANGCE.ng) company page on AfricanFinancials.Document: Dangote Cement Plc (DANGCE.ng)  2016 annual report.Company ProfileDangote Cement Plc manufactures, packages and distributes cement and related products for the limestone mining, coal production and property investment sectors in Nigeria and the rest of Africa. The company has operations in Nigeria, Benin and Ghana, Cameroon, Congo, Ethiopia, Senegal, Sierra Leone, South Africa, Tanzania and Zambia and exports internationally. Dangote Cement Plc operates the largest cement plant in sub-Saharan Africa, the Obajana Cement Plant. Cement bagged and distributed by Dangote Cement Plc is required of the limestone mining, coal production and property investment sectors. Formerly known as Obajana Cement Plc, the company changed its name to Dangote Cement Plc in 2010. The company is a subsidiary of Dangote Industries Limited. Its head office is in Lagos, Nigeria. Dangote Cement Plc is listed on the Nigerian Stock Exchangelast_img read more

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Ford named Scotland captain

first_img Hooker Ross Ford has been handed a big roleRoss Ford, the 27-year-old Edinburgh Rugby hooker, was today appointed Scotland captain for the opening match of the RBS 6 Nations Championship – against England at Murrayfield on Saturday week.Ford, the 53-times-capped product of Kelso High School, a British and Irish Lion in South Africa in 2009, was hailed by head coach Andy Robinson as a “man who will step up and lead from the front.”Robinson confirmed today that his original intention had been to bestow the captaincy on Ford’s fellow Borderer, back-row forward, Kelly Brown.Brown, however, was injured in Heineken Cup action for his club, Saracens, against Benetton Treviso at the weekend.Robinson said: “This is a special day for Ross, who has been a key figure in our leadership group and our most consistent performer for some time. I firmly believe he is the man who will step up and lead from the front.“That said, I’m really disappointed for Kelly Brown.  I had asked him to be the captain late last week but unfortunately injury will deprive him of that honour and the chance to lead out his country for his 50th cap. I wish him a speedy recovery.”Scotland team doctor James Robson said: “Following the scans that Kelly underwent yesterday and consultation with a knee specialist, Kelly will require a small operation to stabilise the fibula head in his leg – which he dislocated.  The surgery will facilitate his recovery.“This will be undertaken in the next seven to ten days once the initial swelling has settled.  The return from an injury of this nature is, typically, in the region of eight to ten weeks.”Ford echoed Robinson’s message for Brown and then reflected on his own elevation to become Scotland’s 112th Test match captain. Scotland’s Ross Ford (L) takes part in the captain’s run training session at Eden Park in Auckland, New Zealand on September 30, 2011. Scotland are preparing to face England on October 1 in their final group game of the 2011 Rugby World Cup. AFP PHOTO/PAUL ELLIS (Photo credit should read PAUL ELLIS/AFP/Getty Images) “It’s a massive honour and privilege to captain your country. I’m really grateful to be given this chance to captain a team of so much potential,” he told www.scottishrugby.org“For me, the big thing is leading from the front and actually showing a good example to the boys as well as backing it up with words.“First and foremost is ‘do it’, do it for everybody to see, and that’s the way I’ll be looking to lead the team against England.”Brown said: “I’m gutted to be missing out as it’s hard for me to quantify just how much it means to me to play for Scotland.“But today I want to offer my whole-hearted congratulations to Fordy who I know will do a great job as captain.“I’ll also be doing everything I can to assist the boys who are chosen to play for Scotland to get the championship off to a winning start against England.”Meanwhile, five other players continued their recovery from injuries and did not train with the Scotland squad at St Andrews today – props Alasdair Dickinson (shoulder) and Ed Kalman (calf), back-row forward David Denton and stand-off Ruaridh Jackson (hamstring) and full-back/wing Rory Lamont (leg bruising). LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Jon Welsh, the uncapped 25-year-old Glasgow Warriors prop, has been added to the Scotland squad and he trained at St Andrews today.Scotland’s opening match in the 2012 RBS 6 Nations Championship – against England at Murrayfield on Saturday 4 February – is already sold-out. However if you want to savour the special atmosphere of match day at Murrayfield, tickets are still available from £17.50 for students and children and £35 for adults for the Scotland v France RBS 6 Nations match on Sunday 26 February, kick-off 3pm. Tickets are available on our website www.scottishrugby.org , via the 24 hour credit card hotline on 0844 335 3933 or in person from the Scottish Rugby Ticket Centre at Murrayfield Stadium, which is open this weekend from 9am-4pm.last_img read more

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British students arrive in Zambia to help build school

first_img Rector Hopkinsville, KY By Bellah ZuluPosted Oct 23, 2013 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector and Chaplain Eugene, OR Tags Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Rector Smithfield, NC Assistant/Associate Rector Washington, DC Priest-in-Charge Lebanon, OH The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Course Director Jerusalem, Israel Africa, Director of Administration & Finance Atlanta, GA Associate Priest for Pastoral Care New York, NY Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Submit a Press Release Submit an Event Listing Anglican Communion Featured Jobs & Calls Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector/Priest in Charge (PT) Lisbon, ME Associate Rector for Family Ministries Anchorage, AK Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Collierville, TN Featured Events Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Bishop Diocesan Springfield, IL Press Release Service Missioner for Disaster Resilience Sacramento, CA Assistant/Associate Priest Scottsdale, AZ Rector Belleville, IL Family Ministry Coordinator Baton Rouge, LA Rector Martinsville, VA Associate Rector Columbus, GA Director of Music Morristown, NJ Girls from St Mary’s Calne have raised £1000 towards building the school. Photo: St Mary’s Calne[Anglican Communion News Service] St. Mary’s Calne, a leading British independent boarding and day school for girls based in Wiltshire, has sent 15 pupils and two members of staff to Zambia to help build a school in Chama, one of the remotest districts based in the Eastern Province of Zambia.The project is focused on helping the Anglican Street Children’s Programme in Zambia and has been organized in conjunction with The Livingstone Arts, Cultural & Sporting Events Development Organisation (LACSEDO) and The David Livingstone Bicentenary and Livingstone 2013 Initiative, to mark the bicentenary of the birth of Dr. David Livingstone.In a statement a statement to ACNS and other media, Belinda Hodge, chairperson of The David Livingstone Bicentenary & Livingstone 2013 Initiative, said, “St Mary’s Calne sees this as the start of a long-term relationship with the new school and are hugely excited to be given such an amazing opportunity to make a difference to the everyday lives of vulnerable children in this region of Zambia.”The Rev. Katete Jones, director of the Anglican Street Children’s Programme in Zambia, said he was happy with the development; that “it would go a long way in helping the vulnerable young girls in the region.”He said: “In Chama, girls are missing out on education as a result of the poverty and bad traditional practices of early marriages. This opportunity of a better education will be a dream come true for them.”“It must be pointed out that Chama is one of the remotest areas in Zambia and not many charitable organizations would want to render help as the distances from the main (tarred) roads are enormous,” he said.St. Mary’s pupils have raised more than £1,000 (US$1600) towards building materials, over and above paying for their trip themselves. They have been fundraising all year by hosting a variety of activities in the school’s calendar, including selling Krispy Kreme Doughnuts during school mid-morning breaks and holding non-school uniform days when pupils can pay to wear their own clothes rather than the required school uniform.As well as making a start on the structure of the new school, the St. Mary’s girls and staff will be meeting children and their families, leaders of the local community, playing sport with the children, learning about the different culture and getting a first-hand feel of what it is like to live in Zambia.The suggested name for the new school is St. Mary’s Anglican Girls Secondary School, creating a very important link between the two schools. Cathedral Dean Boise, ID An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Rector (FT or PT) Indian River, MI Rector Knoxville, TN Rector Washington, DC Curate Diocese of Nebraska Priest Associate or Director of Adult Ministries Greenville, SC Submit a Job Listing Rector Shreveport, LA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Pittsburgh, PA Rector Tampa, FL The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group New Berrigan Book With Episcopal Roots Cascade Books Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Canon for Family Ministry Jackson, MS Rector Albany, NY Youth Minister Lorton, VA Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Assistant/Associate Rector Morristown, NJ Rector Bath, NC Curate (Associate & Priest-in-Charge) Traverse City, MI This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 British students arrive in Zambia to help build school TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab last_img read more

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Companion dioceses work to rebuild Puerto Rico

first_img Rector and Chaplain Eugene, OR Curate Diocese of Nebraska Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Hurricane Irma, Rector Bath, NC Assistant/Associate Priest Scottsdale, AZ Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Collierville, TN Latin America, Submit an Event Listing This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Cathedral Dean Boise, ID Rector Shreveport, LA Featured Jobs & Calls Youth Minister Lorton, VA Press Release Service Course Director Jerusalem, Israel This hurricane-damaged statue of our Lord at Misión la Santa Cruz in Puerto Rico inspires Episcopalians there and in the Diocese of Maryland in their ministry to help the island recover. Photo: Eugene Sutton[Episcopal Diocese of Maryland] The Dioceses of Maryland and Puerto Rico are committing to several years of hard work to rebuild Puerto Rico. Two killer hurricanes this past fall delivered devastation and privation. The fallout from those storms was felt and heard. Maryland and Puerto Rico have been companion dioceses since June 2016.Churches and individuals in and outside the Diocese of Maryland responded to the call to raise money for its “Rebuild Puerto Rico” fund. More than $20,000 for immediate emergency needs was raised the month after Hurricane Maria’s knockout punch. So far, a total of $47,000 has been given.Maryland Bishop Eugene Taylor Sutton and the Rev. Margarita Santana, canon for Latino ministry for the Diocese of Maryland, presented the first of these funds last October to the Puerto Rico Bishop Rafael Morales when they visited the island territory.The Diocese of Puerto Rico now operates two centers for emergency relief and supplies, one at the Diocesan Center near San Juan and the other at St. Luke’s Episcopal Hospital in Ponce. During a post-hurricane visit by Morales to an especially devastated rural community, a parishioner declared, “Somos una diócesis de la esperanz” (We are a diocese of hope). This became the rallying call for the people of the diocese – a mantra of resurrection faith, prayer and spirit-inspired action.Sutton sent the Rev. James Snodgrass to the diocesan convention in Puerto Rico last month, where he read a letter from Sutton. For Snodgrass, it was a return trip to the diocese in which he’s still canonically resident. He and his wife, Patty Parsley, spent 5½ years as missioners in the rural, mountainous region of Aibonito. They founded a retreat center and new mission congregation before moving to Baltimore in 2012.Sutton asked Snodgrass to assess the damage done seven weeks earlier. Damage was extensive to vegetation, landscape and buildings – huge trees uprooted, wooden structures demolished. When the sun set, some places had electrical service, often provided by generators; many places were surrounded by darkness, some lit by a candle or abandoned. Snodgrass recalled the words of John’s Gospel: “The light shines in the darkness, and the darkness did not overcome it.”On an island with a high density of automobiles and 9 percent of the population living in urban areas, driving without traffic signals, especially at night, was harrowing. In some places, foliage had reappeared, debris had been collected along the roadsides, and businesses had reopened. In other places, especially among the very poor, destruction lingered. People were worn down.During the 110th Asamblea Diocesana (diocesan convention), Morales, newly consecrated in July, delivered a hope-filled address to the delegates. He thanked all who’ve responded to emergency needs, encouraging all to pitch in and reach out, and he outlined his vision and priorities for the diocese for the foreseeable future. He proclaimed a new Christian year, which began with Advent, as “El Año de Discipulado” (the Year of Discipleship). And he concluded, “Nuestra iglesia es dinámica, misionera y evangelizadora” (Our church is dynamic, mission-oriented and evangelizing).It was said that this diocesan convention was one of the most upbeat, well-organized and harmonious in recent memory.After the convention, Morales told Snodgrass his top priority is to complete the retreat center, Centro Espíritu Santo, in Aibonito. It would serve the clergy and people of Puerto Rico, as well as those from the United States and beyond. The project would entail building a church and overnight facilities. Morales and Sutton have discussed this project, and how, as companion dioceses working together and with God’s help, it can happen.Morales enthusiastically agreed to a proposed parish-based mission work project in Aibonito, sponsored by St. John’s Church, Havre de Grace, Maryland, and led by Snodgrass, who is priest-in-charge there. The group will stay in a church-owned house, pray daily and cook their own meals, repair damaged houses in the surrounding neighborhood and plant new trees. The group expects to go in early March.The experiences of this initial group will help the Diocese of Maryland advise other church groups interested in going to the island to help in the physical and spiritual restoration and rebuilding effort. The Rev. Rafael Zorrilla, canon to the ordinary, oversees all groups coming to Puerto Rico. He told Snodgrass that he’s overwhelmed by requests from church groups around the U.S. wanting to come and help. He asked the Diocese of Maryland to develop a screening process and recommend which groups should come. Those groups would then be partnered with a church in Puerto Rico, and together they would work out travel and work project arrangements. He stressed that groups coming to Puerto Rico need someone who speaks Spanish.When Sutton visited Puerto Rico in October, he saw a statue of our Lord at Misión la Santa Cruz. It reminded him of the words of Teresa of Avila: “Christ has no body now but yours. No hands, no feet on earth but yours. Yours are the eyes through which he looks with compassion on this world. Yours are the feet with which he walks to do good. Yours are the hands through which he blesses all the world. Yours are the hands, yours are the feet, yours are the eyes, you are his body. Christ has no body now on earth but yours.” The hands on the statue were missing. It was Sutton’s hope that the Diocese of Maryland would become the hands of Christ together with its sisters and brothers in Puerto Rico.– The Rev. Dan Webster is canon for evangelism and media in the Diocese of Maryland. Rector/Priest in Charge (PT) Lisbon, ME The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Tampa, FL TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Martinsville, VA Rector Hopkinsville, KY Province IX The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Belleville, IL Assistant/Associate Rector Washington, DC Rector Smithfield, NC Associate Priest for Pastoral Care New York, NY Assistant/Associate Rector Morristown, NJ Bishop Diocesan Springfield, IL Priest-in-Charge Lebanon, OH Associate Rector Columbus, GA Rector Washington, DC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Associate Rector for Family Ministries Anchorage, AK Rector Knoxville, TN Canon for Family Ministry Jackson, MS Rector (FT or PT) Indian River, MI Companion dioceses work to rebuild Puerto Rico Tags New Berrigan Book With Episcopal Roots Cascade Books Curate (Associate & Priest-in-Charge) Traverse City, MI By Dan WebsterPosted Dec 22, 2017 Director of Administration & Finance Atlanta, GA Rector Pittsburgh, PA Family Ministry Coordinator Baton Rouge, LA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Submit a Press Release In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Missioner for Disaster Resilience Sacramento, CA Priest Associate or Director of Adult Ministries Greenville, SC Submit a Job Listing Rector Albany, NY 2017 Hurricanes, Hurricane Maria, Featured Events Director of Music Morristown, NJ last_img read more

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Massive protests in Brazil demand ouster of president and direct elections

first_imgProtesters block highway during strike. The banner reads: ‘Out, Temer. Out, all corrupt. Elections now.’May 29 — In one of the largest demonstrations in decades in Brazil’s capital of Brasilia, some 150,000 workers, farmers, youth and members of social organizations protested on May 24 the attack on Brazil’s social security programs and laws protecting workers. They demanded that unelected president Michel Temer get out, and his ouster be followed by direct elections for that office.The mass response to ruling-class attacks continues to grow in Brazil. The ruling-class parties are all involved in a corruption scandal, and the economy is in free-fall. The possibility that this struggle will go far beyond replacing an individual — Temer — is a reality.The May 24 protest was immediately met by an attack from police, who injured 49 people and killed one, using rubber bullets, tear and pepper gas, and clubs. People fought back, occupying some government buildings.Temer took the drastic step of ordering 1,500 army and navy troops into the streets. Memories of Brazil’s 1964-1985 military dictatorship aroused more resistance. The congressional opposition, even from his own party, forced Temer to withdraw the troops within hours.According to the May 26-30 issue of the newspaper Hora do Povo, the march was organized by the central unions and federations: “Metal workers, chemists, domestic workers, teachers, nurses, construction workers, security and service workers, students, women’s movements and party leaders came in caravans from all the states to Brasília to say in a loud and clear tone: ‘No’ to government attacks on welfare programs and labor rights.”The Brasilia protest was a follow-up to the very successful April 28 general strike involving some 35 million to 40 million workers. The strike called for defense of public welfare programs and of the CLT — the collection of laws that protect workers’ rights — and the ouster of the Temer government.A public meeting on May 28 led by musicians and other artists gathered 100,000 people in Rio de Janeiro and ended with people shouting what have become the unifying demands of the left and workers’ movements: “Temer out!” and “Direct elections now!” (Vermelho, May 28) The demand for direct elections is for the president to be elected by the people instead of by the Congress.Will Temer leave office?Temer, never a popular politician, has hit a new low. According to the May 27 New York Times, polls show that 88 percent of the people want him out; other polls show only 5 percent support him. Brazil’s economy shrank by nearly 8 percent in the last two years, and unemployment stands at 14 percent. (Al-Jazeera, May 28)Even sectors of the ruling class that had earlier backed Temer are beginning to desert him. They seek to replace him with someone who would defuse the growing popular revolt, while leaving a regime in place that continues his anti-poor, pro-imperialist austerity program.According to the May 5 Workers World: “The austerity measures include extension of the working day and the working week, reduction of the required lunch break time, raising the minimum retirement age to 65, pension reductions, lower pay for outsourced workers and lowering the restrictions on outsourcing, and no longer requiring bosses to extend benefits to workers hired for 240 days or less. These policies aim to further destabilize the precarious and low-wage workforce of Brazil. The workers, with good reason, are outraged.”The biggest of the powerful ruling-class media firms, O Globo, has called Temer “discardable.” But O Globo wants the Congress to name Temer’s successor. This would be an “indirect” election.Temer claimed on May 26 that he wouldn’t step down, which is no surprise since he faces corruption charges that could land him in jail if he’s no longer president. The longer he clings to the office, however, the longer a mass struggle can develop that unites the workers, landless peasants, farmers, women, youth and all the left political parties.Temer is president now because last August the Brazilian ruling oligarchy conspired to oust elected President Dilma Rousseff of the Workers Party and replace her with someone who would, without hesitation, cater to the interests of imperialism and Brazil’s super-rich. Their goal was an open attack on Brazilian workers and farmers, with freedom to pillage the natural resources of this vast country whatever the cost to the environment.Internationally, the parliamentary coup against Rousseff also strengthened U.S. imperialism in Brazil and all Latin America, where Brazil’s role is so important. This maneuver had the blessing of U.S. politicians and Wall Street — as could be seen in the many articles pro-capitalist Forbes magazine published in 2016 attacking Rousseff.Corruption and impeachmentLast year Congress impeached Rousseff, accusing her of corruption based on a technicality. She had made administrative adjustments to the national budget that were standard presidential practice and normally not legal grounds for impeachment. Rousseff had already made concessions to Brazilian capital, but they were insufficient to stop its assault. These concessions, however, did weaken mass support for her and for the Workers Party.More than 200 representatives in the Congress that impeached Rousseff were themselves facing investigation for their role in actual crimes. They impeached Rousseff to try to stop the investigations.The politician who led the impeachment battle, Eduardo Cunha, has subsequently been convicted of corruption and sentenced to 15 years in prison. A similar fate hangs over Temer.Former President Luis Ignacio da Silva (Lula) of the Workers Party is still a popular favorite for the regularly scheduled 2018 presidential elections. There is some discussion of arranging an agreement between Lula and another former president, a conservative, to replace Temer.If the ruling class is unable to arrange a smooth ouster of Temer, and instead mass action throws him out, this will open space for a bigger working-class struggle and victory.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Journalist’s two sons gunned down, warning to media suspected

first_img News Receive email alerts PakistanAsia – Pacific News Organisation June 2, 2021 Find out more Pakistani supreme court acquits main suspect in Daniel Pearl murder to go further Follow the news on Pakistan Two sons of a leading local journalist were gunned down by men on a motorcycle yesterday in Khuzdar, in the troubled southwestern province of Balochistan, in a suspected reprisal for his reporting or act of intimidation against all journalists in the region.Siraj Ahmed Khan, 25, died on the spot while Manzoor Ahmed Khan, 22, died from his injuries this morning in a local hospital. Their father, Nadeem Gurjinari, the president of the Khuzdar Press Club and a reporter for the Daily Express and Express News TV, had received repeated threats and had recently stopped writing because of an increase in the frequency of reprisals against journalists.Reporters Without Borders calls on the authorities to conduct an independent investigation into the double murder without delay and to not rule out the possibility that it was a reprisal targeting the victims’ father, a well-known journalist.”If this possibility is confirmed, it will show that the enemies of freedom of information are resorting to the most extreme forms of cruelty and are displaying a complete contempt for the fundamental freedoms courageously defended by media workers,” Reporters Without Borders said. The Balochistan Union of Journalists (BUJ) has condemned the attack. “We reminded the government every time that this continuing wave of attacks against the journalists should be checked and every time the government disappointed us,” BUJ president Essa Tareen told Reporters Without Borders.”Balochistan is one of the world’s most dangerous regions for the media,” Reporters Without Borders said. “Caught between government forces and Balochi armed separatists, journalists are suffering the consequences of the impunity with which their colleagues have been attacked or killed in the past.”This just encourages an escalation in violence and self-censorship, now the only solution for journalists in this region who want to stay alive. We urge the government to react as a matter of urgency to their repeated attacks on media personnel.”The most recent previous media victim in Balochistan was Abdul Haq Baluch, a reporter for ARY News TV and two newspapers, the Daily Awan and Tawar, who was gunned down in Khuzdar on 29 September. At least eight journalists have been killed in Pakistan so far this year, of whom at least three in Balochistan.Ranked 151st out of 179 countries in the latest Reporters Without Borders press freedom index, Pakistan was the world’s deadliest country for the media for the second year running in 2011 with 10 journalists killed. PakistanAsia – Pacific center_img Pakistani journalist critical of the military wounded by gunfire Pakistani TV anchor censored after denouncing violence against journalists October 26, 2012 – Updated on January 20, 2016 Journalist’s two sons gunned down, warning to media suspected Help by sharing this information RSF_en January 28, 2021 Find out more News April 21, 2021 Find out more Newslast_img read more

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Holy Family Church: Economics and Catholic Social Teaching

first_imgFaith Essays & Inspirations Holy Family Church: Economics and Catholic Social Teaching Published on Friday, February 3, 2012 | 8:15 pm Community News Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News 13 recommended0 commentsShareShareTweetSharePin it First Heatwave Expected Next Week More Cool Stuff Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday HerbeautyJennifer Lopez And Alex Rodriguez’s Wedding DelayedHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeautyRobert Irwin Recreates His Father’s Iconic PhotosHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautycenter_img Subscribe Your email address will not be published. Required fields are marked * Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Make a comment Dr. Daniel K. Finn, Ph.D.Dr. Daniel K. Finn, PhD, a leading author and scholar on the relationship between economics and Catholic social teaching, spoke on Connecting Spirituality, Markets & the Financial Crisis: The Moral Theology of Markets.Dr. Finn is Professor of Theology and the William E. and Virginia Clemens Chair in Economics and the Liberal Arts at St. John’s University, Collegeville, Minnesota. He is pastpresident of both the Society of Christian Ethics and the Catholic Theological Society of America. A member of the Board of Trustees of USC’s Institute for Advanced Catholic Studies, his books include The Moral Ecology of Markets: a Framework for Assessing Justice in Economic Life (Cambridge, 2006) and The True Wealth of Nations: Catholic Social Thought and Economic Life (Oxford, 2010). He has received the Monica Hellwig Award for Outstanding Contributions to Catholic Intellectual Life from the Association of Catholic Colleges and Universities, the Thomas F. Divine Award for Lifetime Contributions to Social Economics and the Social Economy from the Association for Social Economics, and the Robert L. Spaeth Teacher of Distinction Award from Saint John’s University.Dr. Finn, who comes to us with the strong recommendation of Fr. Jim Heft, will outline the history of Catholic social teaching, and will discuss recent encyclicals and the proposal of the Pontifical Council for Justice and Peace for stronger international oversight of financial markets. A question and answer period will follow.The event was sponsored by Holy Family’s Social Concerns Ministry.Holy Family Church, 1501 Fremont Avenue South Pasadena, (626) 799-8908, or visit www.holyfamily.org. Name (required)  Mail (required) (not be published)  Website  Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Which Region Has the Best Return on Rental Investment?

first_imgSubscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Journal, Market Studies, News With rising home prices and insufficient inventory hampering homebuyers in markets across the country, investment opportunities within the rental space are abundant. But which metros are the best places to invest? HouseCanary’s Canary Rental Index (CRI) for Q1 2018 shines a light on where the rental market is booming—and where it’s not.Soaring home prices and limited inventory seems like a surefire combo to spur the rental market, with some would-be homebuyers having to rent while they save up for a larger down payment or just keep hunting to find the right home for them. However, HouseCanary’s Canary Rental Index points out that this assumption doesn’t always play out that way, as not all markets are created equal.Nationwide, the effective gross yield (EGY) for rental investments is 7.7 percent, according to the Q1 2018 CRI. According to HouseCanary, the effective gross yield calculations “include rental expenses (like the price of the home and state and local tax levies), then determines what kind of return on investment a rental investor can expect given the local fair-market rental value of homes.”ROI varies significantly even within individual markets and doesn’t always correspond solely with increasing home prices. Using the Denver-Aurora-Lakewood, Colorado, metropolitan-statistical area (MSA) as an example, the HouseCanary CRI found that, while Colorado as a whole has shown an 8 percent growth increase in home prices year-over-year, the Denver neighborhoods of Franktown, Castle Rock, and Westminster were sitting around 5.1 percent price growth. The 80218 ZIP code on the north side of the city came in at 11.8 percent growth year-over-year.However, HouseCanary found that the EGY for rental investors for the 80218 ZIP code was only 5.8 percent. The 80219 ZIP code, “which encompasses the Barnum, Westwood, Mar Lee, and Harvey Park neighborhoods,” shows a rental EGY that aligns with the national average at 7.7 percent. Moreover, the highest rental EGY within the Denver MSA is actually found in the Eastern plains, almost an hour outside of the city proper—that’s where rental investors can average an EGY of 11.3 percent.“Recovery from the housing crisis has happened at a different pace for each state and even each metro area within each state,” HouseCanary’s CRI report states. “Prices are growing more quickly in some places than in others, and in MSAs where recovery has been most robust (and even in surrounding metros), price growth is probably not the best metric to use for rental investors seeking a new property to buy and hold. Although the EGY for the country as a whole was 7.7 percent in Q1 2018, the variance in the Mountain West shows the danger of relying on an average—there are metros with much better (and much worse) EGY and gross yield than the 7.7 percent national average.”So, which metros are showing the strongest rental EGY? Of the 50 metros listed in the Q1 CRI report, Kansas City, Missouri-Kansas showed a 14.1 percent yield, a 2.5 percent quarter-over-quarter increase. Pittsburgh, Pennsylvania, is right behind Kansas City with a 14.0 percent yield and a 1.7 percent quarter-over-quarter increase. Other MSAs demonstrating a yield above 10 percent include Memphis, Tennessee-Mississippi-Arkansas (13.3 percent); Birmingham-Hoover, Alabama (12.3 percent); Buffalo-Cheektowaga-Niagara Falls, New York (11.9 percent); Cleveland-Elyria, Ohio (11 percent); Indianapolis-Carmel-Anderson, Indiana (10.9 percent); St. Louis, Missouri-Illinois (10.7 percent); Rochester, New York (10.7 percent); and Oklahoma City, Oklahoma (10.1 percent).On the other end of the spectrum, the San Jose-Sunnyvale-Santa Clara, California, MSA showed the lowest yield of those markets reported on in the Q1 CRI. Yield within San Jose-Sunnyvale-Santa Clara was only 2.8 percent, down 0.7 percent quarter-over-quarter.You can download the full HouseCanary Q1 Canary Rental Index by clicking here. Canary Rental Index HouseCanary Q1 2018 rental investments Single Family Rental 2018-05-10 David Wharton Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: David Wharton Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Finding the Right Balance in Servicing Technology Next: Energy Efficiency vs. Home Affordability Tagged with: Canary Rental Index HouseCanary Q1 2018 rental investments Single Family Rentalcenter_img Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Which Region Has the Best Return on Rental Investment? Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] May 10, 2018 3,899 Views Which Region Has the Best Return on Rental Investment?last_img read more

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Fed Chair Jerome Powell, Clarifies His Stance

first_img Fed Chair Jerome Powell had a one-word answer to a question on whether he would resign if President Trump asked him to. “No,” Powell said when he was asked if he would step down at the president’s request, during a panel discussion in Atlanta hosted by the American Economic Association. He participated in this discussion with other past Fed Chairs Janet Yellen and Ben Bernanke.In December, the Federal Reserve announced its final rate hike of 2018, raising interest rates to 2-1/4 to 2-1/2 percent. The market was expecting this rate hike which is the ninth one since 2015 as the Fed unwinds its policies put in place to address the financial crisis a decade ago.President Trump, who had named Jerome Powell as Fed Chair in February 2018, had appealed to the Committee to hold the rate hike. In August he had told Reuters that he was not “thrilled” with the Fed raising interest rates.“You have to understand, we’re fighting some trade battles and we’re winning. But I need accommodation too,” said President Trump, referencing ongoing negotiations with China.In public comments, Powell had remained firm that the hikes were needed and necessary. “Sound policymaking is as much about managing risks as it is about responding to the baseline forecast,” he had said.According to Politico, while Powell has been repeatedly criticized by President Trump for the central bank’s campaign of steady rate hikes, the Fed chairman has said there has been no direct contact between him and the president in recent months. Still, he said he would be open to meeting with Trump. “Meetings between presidents and Fed chairs do happen,” he said. “Nothing has been scheduled.” And the President might not have the authority to remove the Fed Chief either, according to Steven Mnuchin, Treasury Secretary. The president can remove a member of the Fed board only “for cause,” which does not include policy disagreements. Related Articles Home / Daily Dose / Fed Chair Jerome Powell, Clarifies His Stance Governmental Measures Target Expanded Access to Affordable Housing 2 days ago January 4, 2019 1,395 Views  Print This Post Fed Chair Jerome Powell, Clarifies His Stance Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Sign up for DS News Daily in Daily Dose, Featured, Government, News About Author: Radhika Ojha Federal Reserve Interest rates Jerome Powell President Trump Rate Hikes 2019-01-04 Radhika Ojha The Best Markets For Residential Property Investors 2 days ago Previous: Examining the Enforcement of TILA Next: Primary Residential Mortgage Unveils Succession Plans Tagged with: Federal Reserve Interest rates Jerome Powell President Trump Rate Hikes The Best Markets For Residential Property Investors 2 days agolast_img read more

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