Good numbers alone aren’t enough

first_img Good numbers alone aren’t enough Tidjane Thiam has not had an easy run since being seen to have led investors up the garden path during Prudential’s disastrous failed bid for AIA. But the harried chief executive is expected to find some relief in the insurance giant’s full-year results this Wednesday.Operating profit is forecast to come in at £1.7bn versus £1.4bn last year, while consensus predictions for operating profit from European embedded value run at £3.37bn, an improvement on last year’s £3.2bn.But will the figures be enough to placate investors still smarting from having to fork out some £450m on a £22.6bn bid that went nowhere?In order to stay in his post for the long-run, Thiam will also have to show that he can deliver shareholder returns and income, rather than just profit. The firm hiked its dividend payment after the collapse of the bid, but investors remain wary. KCS-content Show Comments ▼ whatsapp Sunday 6 March 2011 10:53 pm whatsapp Share More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Tags: NULLlast_img read more

Burberry in deal to launch sales in Saudi

first_img Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com KCS-content Share whatsapp LUXURY UK brand Burberry has agreed a joint venture with Saudi-based retailer Fawaz Abdulaziz Alhokair to market and sell its products. Alhokair will hold a 40 per cent stake in the new company, though the value of the deal was not disclosed yesterday. Shareholders reacted well to the news, with Burberry one of the best performers on the FTSE 100 yesterday. Shares in the group finished at 1,147p – 2.8 per cent up from the previous day’s close.The shares had suffered in recent weeks due to concern over the brand’s exposure to earthquake-hit Japan, falling six per cent in the week immediately following the disaster. But yesterday they were given a further boost due to a note from Exane BNP Paribas, which added the company to its “buy” list due to its potential as a takeover target, citing the LMVH purchase of Bulgari as a possible trend. According to the note: “Following the recent corporate activity within the space, and the increasing amount of cash in the industry, we would expect such rumours to continue to act as a downside support to the share price.”Fawaz Abdulaziz Alhokair was formed in 1989 with just two menswear stores, as a partnership between Fawaz, Salman, and Abdulmajeed Alhokair, and has brought brands such as Miss Selfridge, Nine West and Marks & Spencer to the Kingdom. Burberry yesterday also completed its purchase of leases on two landmark Regent Street buildings, as part of its push to open a series of “statement stores” to play on its role as an English heritage brand. center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleUndo Burberry in deal to launch sales in Saudi whatsapp Monday 28 March 2011 8:37 pm Tags: NULLlast_img read more

No savings at 50? I’d avoid a Cash ISA and buy these 2 FTSE 100 stocks to make a passive income

first_img “This Stock Could Be Like Buying Amazon in 1997” 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. Enter Your Email Address 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. Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. With Cash ISAs offering interest rates that are below inflation, buying FTSE 100 dividend shares could be a better idea. Not only do they offer higher income returns today, their dividend growth potential may mean that they can deliver significantly higher returns in the long run.With this in mind, here are two FTSE 100 shares that could be worth buying. They appear to have bright long-term futures that could lead to them paying an increasing dividend over the coming years. This could improve upon your current level of passive income.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…BarrattFTSE 100 housebuilders such as Barratt (LSE: BDEV) have experienced a period of uncertainty for a number of years that could continue in 2020. While political risk may have declined following the general election, Brexit is still likely to be a contributing factor to investor sentiment this year. As such, the company’s share price could experience a period of uncertainty in the near term.However, Barratt’s recent updates have shown that demand for its properties has been robust. Low interest rates are expected to continue over the medium term, which could make housing more affordable for first-time buyers. With government policies such as Help to Buy expected to stay in place over the coming years, the prospects for the wider housebuilding sector could be more positive than the stock market is currently expecting.With the company offering a dividend yield of 6.2% and trading on a price-to-earnings (P/E) ratio of 9, it seems to offer a wide margin of safety and a high income return. As such, now could be the right time to buy a slice of it while political risks are holding back investor sentiment.FergusonThe recent quarterly trading update from plumbing and heating products specialist Ferguson (LSE: FERG) highlighted the progress it is making in key markets. For example, in North America it recorded a 6.2% rise in ongoing revenue versus the same period of the previous year. This contributed to a company-wide increase in ongoing sales of 5.3%. Given the flat performance of many of the markets in which the company operates, this was a relatively strong performance.Looking ahead, Ferguson’s demerger of its UK operations and the replacement of its CEO could mean there is significant change ahead. However, with its North American market potentially offering a high rate of growth, it seems to be well placed to capitalise on the opportunities ahead.Although the company has a dividend yield of just 2.4%, it is covered 2.3 times by net profit. This suggests that it could raise dividends at a fast pace in the coming years and become an increasingly attractive income share. Therefore, buying it now could be a sound move as it executes what seems to be a solid growth strategy. Peter Stephens owns shares of Barratt Developments. 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.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Peter Stephens Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Peter Stephens | Friday, 10th January, 2020 | More on: BDEV FERG No savings at 50? I’d avoid a Cash ISA and buy these 2 FTSE 100 stocks to make a passive incomelast_img read more

Will the IAG share price ever return to pre-pandemic levels?

first_img Rupert Hargreaves | Sunday, 14th February, 2021 | More on: IAG The IAG (LSE: IAG) share price was the worst-performing FTSE 100 share last year. Shares in the company, which owns the British Airways brand, plunged 62% in 2020. The pandemic had a significant impact on the airline group. As countries around the world slammed their borders shut, the firm’s revenues evaporated.  However, now that the global vaccination programme is well underway, there’s light at the end of the tunnel for companies like IAG and its peers. 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…So, could now be the time for me to buy shares in IAG ahead of a recovery? The stock certainly looks cheap after its recent declines. Unfortunately, just because a business appears cheap doesn’t mean it’ll be an excellent investment. What’s the future hold for the IAG share price? Considering everything that’s gone on over the past 12 months, I think it would be misleading to compare IAG’s future potential to its past. The airline sector has changed dramatically over the past year. IAG has had to raise billions of pounds from investors to keep the lights on. Simultaneously, its most aggressive competitor in the transatlantic market, the most profitable airline route in the world, has pulled out of the long-haul market. That’s a positive for the group.However, other competitors, both in Europe and the US, have received substantial government bailouts. This has helped them stay in the game, and may change the long-term market dynamics. There are also large question marks hanging over the airline industry regarding its environmental impact. Companies and consumers are becoming increasingly conscious of their environmental responsibility. I think this is almost certainly going to lead to a significant change in the airline sector. Difficult outlook All of the above makes it very challenging to decide what the future holds for the IAG share price. On the one hand, a rapid economic recovery may help push the group’s earnings back to pre-pandemic levels. That’s the best-case scenario.In the middle case, analysts reckon it’ll take at least three to five years for the airline industry to return to 2019 levels of profitability. These projections suggest a protracted recovery for the organisation.And in the worst-case scenario, pandemic travel restrictions could continue into 2022… and beyond. It’s unclear if IAG has enough money today to survive in this situation. I think the group would almost certainly have to undertake some significant changes to right-size its business in this darker scenario. Considering all of the above, I think it’s going to be a struggle for the IAG share price to return to pre-pandemic levels. Therefore, I’m not interested in buying the stock. There’s just too much uncertainty surrounding the firm’s outlook. And there’s no guarantee it’ll ever be able to recover from the past year’s shocks.  Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! 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. Simply click below to discover how you can take advantage of this. 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. Our 6 ‘Best Buys Now’ Shares Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Image source: Getty Images Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! The high-calibre small-cap stock flying under the City’s radar Enter Your Email Address See all posts by Rupert Hargreaves Will the IAG share price ever return to pre-pandemic levels?last_img read more

Five Star Government Forum Unites Banking and Government Leaders

first_img Related Articles Five Star Government Forum Unites Banking and Government Leaders Tagged with: Fannie Mae FHFA Five Star Government Forum Freddie Mac FSGF Ginnie Mae Government GSE HUD Lenders mortgage Secretary Ben Carson 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. April 2, 2018 2,515 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Radhika Ojha Home / Daily Dose / Five Star Government Forum Unites Banking and Government Leaders Servicers Navigate the Post-Pandemic World 2 days ago Previous: Construction Spending on the Upswing Next: Fannie Mae Completes 2018’s First Credit Insurance Risk Transfer Housing and housing finance reforms, especially for the underserved, will be top of the agenda at the ninth annual Five Star Government Forum on Tuesday in Washington, D.C. Leaders in mortgage banking and the federal government will engage and have an open dialogue about the most pressing issues being faced by the industry at this day-long forum.The Five Star Government Forum will begin with a side-by-side conversation between United States Secretary of Housing and Urban Development Dr. Benjamin Carson and Five Star Institute President and CEO Ed Delgado. Delgado will ask Carson about the future of HUD, housing affordability, and working with the mortgage industry for the greater benefit of homeowners. With representation from FHFA, Fannie Mae, Freddie Mac, and Ginnie Mae, this year’s Government Forum speakers have played an integral role in providing quality leadership to the federal government and the mortgage industry.Peter J. Wallison, Senior Fellow and Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute, will present the morning keynote. He has held several prominent positions in the federal government, including serving as White House Counsel to the President of the United States, as well as General Counsel for the United States Department of Treasury, where he played a significant role in the development of proposals for the deregulation of the financial services industry. The Hon. Edward DeMarco will lead the afternoon keynote. He is President of the Housing Policy Council Financial Services Roundtable. He served as the acting Director of the Federal Housing Finance Agency (FHFA) immediately following the crisis from 2009 to 2014, overseeing the conservatorship of the GSEs. “The Five Star Government Forum is an important event for our industry because it serves as a platform to foster and grow the collaborative working relationship between regulatory authorities and the industry stakeholders for the benefit of homeowners,” said Ed Delgado, President and CEO of the Five Star Institute. “We look forward to hosting Secretary Carson and many other leaders.”Above: Five Star President & CEO Ed Delgado on stage with HUD Secretary Dr. Benjamin Carson at the 2018 Five Star Government Forum. Via the Twitter feed of Charles Tassell. in Daily Dose, Featured, Government, News Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily  Print This Post Share Save Fannie Mae FHFA Five Star Government Forum Freddie Mac FSGF Ginnie Mae Government GSE HUD Lenders mortgage Secretary Ben Carson 2018-04-02 Radhika Ojhalast_img read more

Local demonstrations hear Brexit could have detrimental impact on North West economy

first_img Google+ Local demonstrations hear Brexit could have detrimental impact on North West economy By admin – October 10, 2016 Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest WhatsApp Twitter Homepage BannerNews Twitter Facebook Rallies against Brexit in Lifford and Bridgend have heard that Britain leaving the EU could have detrimental consequences for local businesses and the economy.Hundreds of people are said to have attended the Border Communities Against Brexit demonstrations in six different locations along the border at the weekend.Dermot O’Hara is a Mananger of a disability support group in Derry and attended the demonstration in Bridgend.He says the possibility of a hard border between Donegal, Derry and Tyrone will impact on many aspects of day to day life in the North West:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/10/dermot-1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Local Pharmacist Tom Murray expressed his concern over the possible implications Brexit will have for those living in the border region.He is not ruling out future demonstrations and is once again urging all politicians in the North West to unite against Brexit:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/10/tommurray.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterestcenter_img Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan fire WhatsApp 75 positive cases of Covid confirmed in North Google+ Facebook 365 additional cases of Covid-19 in Republic RELATED ARTICLESMORE FROM AUTHOR Previous articleCampaign against tax injustices is continuing – DohertyNext articlePeople urged to make submissions on proposed Oyster farms before deadline admin Main Evening News, Sport and Obituaries Tuesday May 25th last_img read more

Michaela McAreaveys family hit out at slow progress of murder investigation

first_img Pinterest RELATED ARTICLESMORE FROM AUTHOR By News Highland – June 3, 2014 Google+ Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Facebook WhatsApp Twitter 75 positive cases of Covid confirmed in North Previous articleLetterkenny Court to be renamed “Dillons Hotel” following Mc Keever Group takeoverNext articleBrown bins to be introduced in Letterkenny next month News Highland center_img Gardai continue to investigate Kilmacrennan fire WhatsApp Michaela McAreaveys family hit out at slow progress of murder investigation Pinterest The family of Michaela McAreavey have hit out at Mauritian authorities after becoming frustrated with the slow progress in the murder investigation.The family released a statement as the second anniversary of her murder trial approaches.27-year-old teacher Michaela was murdered in a hotel room on her honeymoon in 2011.They have said they are “hoping that a settlement can soon be reached with the hotel in respect of the civil proceedings but they are growing increasingly frustrated by the slow progress of the criminal proceedings”.They also expressed their “disappointed by the reluctance of the Mauritian authorities to keep them updated with developments”.Mauritian Prime Minister Navin Ramgoolam had previously stated that justice would be done in the case.However the family have said that “as time marches on and the criminal proceedings seem to have ground to a halt, this promise is ringing hollow”.The statement comes as it has been reported that the legal team acting for Michaela’s husband John have written to the island’s director of prosecutions.The legal team are enquiring about a lack of any developments in the case.The team have asked authorities whether there is in fact any active investigation into the murder.Hotel staff members Avinash Treebhoowoon and Sandip Moneea who were charged in relation to the murder were both later acquitted. Main Evening News, Sport and Obituaries Tuesday May 25th News Further drop in people receiving PUP in Donegal 365 additional cases of Covid-19 in Republic Google+last_img read more

George Floyd’s death renews debate on Kaepernick protest

first_imgJune 3, 2020 /Sports News – National George Floyd’s death renews debate on Kaepernick protest Beau Lund Written bycenter_img FacebookTwitterLinkedInEmailMichael Zagaris/San Francisco 49ers/Getty ImagesBy DEENA ZARU, ABC News(NEW YORK) — Protests against the deaths of unarmed black men and women at the hands of law enforcement have often revived conversations surrounding Colin Kaepernick, but the killing last week of George Floyd has brought Kaepernick back into the debate in a stark way.The images of a police officer kneeling on Floyd’s neck as the Minnesota man called out that he can’t breathe have sparked advocates, athletes and celebrities to draw a direct visual parallel to Kaepernick’s kneeling protest against police brutality, with side-by-side photos going viral on social media.LeBron James was among those to share the parallel images on Instagram, topped with the words, “This … is why.”“Do you understand NOW!!??!!?? Or is it still blurred to you??” the Los Angeles Lakers star wrote in the caption. Printouts of that same image have also been held up during protests around the country.Kaepernick, a former San Francisco 49ers quarterback, became the first NFL player to take a knee on the football field during the playing of the national anthem in 2016 to protest police brutality.“It’s this sort of eerie similarity in the position that Kaepernick physically took, and the position that the officer had assumed on the neck and the head of George Floyd,” Marc Lamont Hill, an activist and professor of media studies and urban education at Temple University, told ABC News.“It was almost like the flip side of it, that Kaepernick was taking a knee for justice and this man was taking a knee in ending the life of a black man in the very fashion that Colin Kaepernick was protesting and trying to put a spotlight on,” he said.Amid the unrest, even some police officers and top brass have taken a knee in the streets alongside protesters in solidarity against the killings of unarmed black people.Floyd was apprehended by police officers in Minneapolis, Minnesota, last Monday. According to the Hennepin County Medical Examiner’s office, Floyd’s death was a homicide caused by “a cardiopulmonary arrest while being restrained by law enforcement officer(s).”An independent autopsy ordered by George Floyd’s family found his death was a “homicide caused by asphyxia due to neck and back compression that led to a lack of blood flow to the brain,” according to early findings from the examination released Monday.Derek Chauvin, who was fired from the Minneapolis Police following the incident, has been charged with third-degree murder in connection with Floyd’s death. Chauvin had his knee on Floyd’s neck for nearly nine minutes, including about three minutes while Floyd was unresponsive, according to court documents.Three other officers who were on the scene — Thomas Lane, J.A. Kueng and Tou Thao — have not been charged but an investigation is still ongoing, according to Minnesota Attorney General Keith Ellison.“You can’t stop thinking about that,” said sports journalist and ABC News contributor Christine Brennan. “The side-by-side visuals are everything, and because we are such a visual society, because photos and video matters so much to us … that then brings Colin Kaepernick back into the conversation in a big way. If people had forgotten him or pushed him out of their memory, [Kaepernick] has come flooding back because of the visual, and then because he was right.”Kaepernick, who hasn’t played in the NFL since 2016, sparked a movement after first taking a knee on the field in August 2016, with several other athletes following his example — the first of which was then-teammate Eric Reid. It is widely viewed that Kaepernick was blacklisted from the NFL due to his on-field protest.Over the past couple of seasons, on-field protests have waned, but Reid — along with players Kenny Stills and Albert Wilson — has continued to take a knee.Brennan said we “don’t know” whether this wave of protests will have an impact on the football field this coming season, but she is “stunned” the NFL has not signed Kaepernick.“One would think that a team would want to sign him if only for the symbolism of the message that would be set, especially to young people,” she said.Kaepernick filed a grievance against league owners in 2017 alleging that they colluded to ensure that he remained unsigned. The lawsuit has been settled.The NFL on Saturday released a statement from commissioner Roger Goodell, who offered condolences to the family of George Floyd and said that the league was “greatly saddened by the tragic events” amid nationwide protests.“The protesters’ reactions to these incidents reflect the pain, anger and frustration that so many of us feel,” Goodell wrote, adding that the protests “underscore” that “there remains much more to do as a country and as a league.”Hill noted that the statement “didn’t offer any criticism, any outrage” and did not mention “the killing of anybody” or words like “racism” or “police violence.”Reid, who is now a free agent, and Stills both criticized the statement, with Reid appearing to mock the NFL’s social change initiative, which was launched in January 2019 amid mounting backlash over Kaepernick’s absence.Through the initiative, the NFL partnered with the Players Coalition and other organizations, including Jay-Z’s Roc Nation, on social justice campaigns.But with Kaepernick still unsigned, those efforts have been viewed as an effort to save face by activists and players who have continued to take a knee.Hill said the NFL’s statement during the protests is in “sharp contrast” to how Kaepernick has been treated.“He became persona non grata in the NFL. He was treated as an enemy of the state, and I mean that quite literally when you look at the response of Donald Trump to him,” Hill said. “Donald Trump had more words of outrage for Kaepernick than he did for the killer, the killer of George Floyd.”Asked about the criticism, a spokesperson for the NFL told ABC News on Tuesday that league is “in daily contact with our national social justice partners to listen, understand and generate new ideas of how we can help use the platform of the NFL to help improve relations with law enforcement. We are working closely with the clubs and players to provide more grants and programs that can be adapted in local communities.”“Our clubs and players have worked extensively to provide training sessions, community gatherings and ride-alongs with players and local police departments, as well as team-facilitated volunteer programs that involve police officers and underserved youth,” the spokesperson added. “We are committed to working with players, clubs and partners to make positive change in our communities.”Kaepernick, who founded his own social justice organization, has spoken out in support of activists and started a legal defense fund to provide legal representation to those protesting in Minneapolis.President Donald Trump, who has been silent on Kaepernick and the NFL’s handling of the protests for more than a year, clearly took a side in this divisive debate by repeatedly lambasting players who took a knee in a years-long feud with the NFL.Copyright © 2020, ABC Audio. 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Total joins the Sea Cargo Charter, as Industry giants commit to transparent reporting of shipping emissions

first_img The Total building (Total HQ) in la Défense near Paris, France. (Credit: Tangopaso/Wikipedia.) A group of the world’s largest energy, agriculture, mining, and commodity trading companies will for the first time assess and disclose the climate alignment of their shipping activities. United Nations agencies estimate the international shipping industry to carry around 80% of world trade flows and to be responsible for 2-3% of global greenhouse gas emissions annually.Large industrial corporations are significant users of international shipping services. The shipping of crude oil, coal, iron ore, grain and other bulk commodities used worldwide make up over 80% of global seaborne trade. The Sea Cargo Charter is a global framework that allows for the integration of climate considerations into chartering decisions to favor climate-aligned maritime transport.The Sea Cargo Charter establishes a common baseline to quantitatively assess and disclose whether shipping activities are aligned with adopted climate goals. The Sea Cargo Charter is consistent with the policies and ambitions adopted by member states of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating shipping. This includes its ambition for greenhouse gas emissions from international shipping to peak as soon as possible and to reduce shipping’s total annual greenhouse gas emissions by at least 50% of 2008 levels by 2050, with a strong emphasis on zero emissions.“Total shares the ambition to get to net-zero emissions by 2050, together with society, for its global operations. As a broad energy company, we are actively working on improving the environmental footprint of the maritime industry. By becoming today a founding member of the Sea Cargo Charter, we reaffirm our support to this key sector. This pioneering initiative will provide a transparent standard emissions reporting approach and will pave the way for a sustainable shipping industry.” underlines Luc Gillet, Senior Vice President Shipping, Total Trading & Shipping.“A standard greenhouse gas emissions reporting process will simplify some of the complexities often associated with reporting. It will encourage a more transparent and consistent approach to tracking emissions, which will be a critical part of making shipping more sustainable,” says Jan Dieleman Chair of the Sea Cargo Charter drafting group.The 17 Founding Signatories of the Sea Cargo Charter include Anglo American, ADM, Bunge, Cargill Ocean Transportation, COFCO International, Dow, Equinor, Gunvor Group, Klaveness Combination Carriers, Louis Dreyfus Company, Norden, Occidental, Shell, Torvald Klaveness, Total, Trafigura, and Ørsted. All other responsible shippers are invited to join the initiative.“The Sea Cargo Charter enables leaders from diverse industry sectors to use their influence to drive change and promote shipping’s green transition by choosing maritime transport that is aligned with agreed climate targets over that which is not,” says Johannah Christensen, Managing Director, Head of Projects & Programmes at international non-profit, Global Maritime Forum.The Sea Cargo Charter is intended to evolve over time as the IMO adjusts its policies and regulations and when further adverse environmental and social impacts are identified for inclusion. They also aim to support other initiatives developed to address climate, environment, and social risks in shipping, such as the Poseidon Principles.The Sea Cargo Charter is applicable to bulk charterers with interest in the cargo on board; those who simply charter out the vessels they charter in; as well as the disponent owners and all charterers in a charterparty chain. They apply globally, to all chartering activities where a vessel or vessels fall under the purview of the IMO.The development of the Sea Cargo Charter has been led by global shippers – Anglo American, Cargill Ocean Transportation, Dow, Norden, Total, Trafigura – and leading industry players – Euronav, Gorrissen Federspiel, Stena Bulk – with expert support provided by the Global Maritime Forum, Smart Freight Centre, University College London Energy Institute/UMAS, and Stephenson Harwood. Source: Company Press Release The Sea Cargo Charter sets a new benchmark for responsible shipping, transparent climate reporting, and improved decision making in line with United Nations decarbonization targetslast_img read more

Are estate agents facing a property fraud epidemic?

first_imgHome » News » Are estate agents facing a property fraud epidemic? previous nextRegulation & LawAre estate agents facing a property fraud epidemic?Recent figures from two leading government organisations suggest property crime is increasing, so we asked the experts at the coal face to comment.Nigel Lewis6th December 20191 Comment1,348 Views Land Registry data shows that the level of property fraud – which is when criminal attempt to sell homes that don’t belong to them – has doubled over the past 10 years and more than quadrupled in terms of value from £7 million to £25 million between 2013 and 2017.And recent figures from fraud prevention service Cifas show that mortgage fraud by production of false documents increased by 14% in the first 6 months of 2019, while fraud by submitting altered documents rose by 32% or nearly one-third.Two weeks ago we reported on a property fraud case that was said to have ‘struck at the heart of conveyancing’ because the fraudster involved had been able to easily dupe both the conveyancer and estate agent involved using a fake passport.We asked two anti-money laundering companies, who are at the heart of the property industry’s attempts to fend off illegal activity, to give their view.Jerry Walters, MD of Financial Crime Services“There is definitely an element of truth in these reports and it’s certainly a significant problem,” he says.“From first-hand experience I have seen cases where organised criminals have hijacked the identity of property owners to acquire mortgages and property titles without the knowledge of the registered owner.“These are sophisticated and complex crimes which make use of false ID’s – everything from passports to wage slips.  Such cases are real and highlight a distinct lack of customer due diligence undertaken by lenders, letting agents and conveyancing solicitors alike.”Martin Cheek, MD of AML specialist SmartSearch.“Fake documents are increasingly difficult to detect, which is why it’s more important than ever that firms take a more sophisticated approach to ‘Know Your Client’ and due diligence processes. There has never been an instance of mortgage fraud where electronic ID verification has been used.“We have argued for a long time that electronic verification (EV) should be mandatory – it is demonstrably more secure than manual checks and is also quicker and more cost-effective for firms.“New EU money laundering regulations due to be implemented in January stop short of making EV mandatory, but it’s clear there’s a big push coming from the EU and UK authorities on money laundering, so this is the next logical step.”   FCS Financial Crime Services Jerry Walters martin cheek property fraud AML compliance Smartsearch December 6, 2019Nigel LewisOne commentJulian Blackmore, BNE BNE 6th December 2019 at 10:10 amSo the total fraud value represents just 0.00003% of the housing stock value and there is an “epidemic”…? Seriously. Go look at Amazon or Ebay’s figures and tell me where the epidemic is! They may be smaller amounts but the total dwarfs this story into insignificance where it belongs. (You’ve also ignored inflation which drops it even more).Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more