…as Fed steps in again

first_img Show Comments ▼ Q.WHAT IS QE2?A. It is the Federal Reserve’s second round of quantitative easing after its initial asset purchasing programme of $1.7 trillion started during 2009 and finished in March this year. This time, the Fed has announced a smaller programme: it plans to buy up $75bn’s worth of assets each month until June next year, for a total of $600bn – although it could adjust its stance in response to economic data. In order to make these purchases, the Fed essentially creates or “prints money”. The latest announcement is in addition to $250-$300bn of maturing debt from its last round of QE, which the Fed has said it plans to reinvest.Q.WHY IS THE FED DOING THIS?A. With interest rates at near zero, the Fed has run out of normal monetary policy tools with which to stimulate the US economy. QE is an attempt to lower long-term interest rates further and encourage lending and demand. The hope is that this will bring down the US’s 9.6 per cent unemployment rate and head off deflation.Q.HOW IS IT SUPPOSED TO WORK?A. It is not entirely clear. Last time, the programme worked in part by buying up toxic mortgage securities and taking them out of the market. But this time, the Fed is only buying bonds. Some argue that by pushing down US treasury yields, QE will make alternative assets more appealing and lower the cost of borrowing generally. Yields on 10-year treasury notes declined slightly yesterday to 2.57 per cent from 2.58 per cent yesterday, reflecting the extent to which the market had already priced in the announcement. In addition, QE affects exchange rates because it increases the supply of dollars and effectively depreciates the currency, making American exports more attractive. The dollar index slid to 76.4 from 76.7 yesterday.Q.WHAT ARE THE RISKS?A. The main criticism is that QE is likely to be ineffective while having numerous downsides. There is the possibility of a spike in inflation if the recovery gathers pace, which could destabilise the US economy and get out of control. In addition, critics say that creating money artificially pumps up asset prices, creating bubbles that will at some point burst and damage growth. Abroad, other countries see QE as a competitive devaluation, increasing the risk of currency wars and retaliation with tariffs. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Wednesday 3 November 2010 10:37 pm …as Fed steps in again whatsapp KCS-content Tags: NULL Sharelast_img read more

Liberty Kenya Holdings Limited (CFCI.ke) HY2014 Interim Report

first_imgLiberty Kenya Holdings Limited (LBTY.ke) listed on the Nairobi Securities Exchange under the Insurance sector has released it’s 2014 interim results for the half year.For more information about Liberty Kenya Holdings Limited (LBTY.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Liberty Kenya Holdings Limited (LBTY.ke) company page on AfricanFinancials.Document: Liberty Kenya Holdings Limited (LBTY.ke)  2014 interim results for the half year.Company ProfileLiberty Kenya Holdings Limited is an insurance company offering products and services for the retail and corporate sectors in Kenya and other countries in the Africa sub-region. The company provides life assurance, superannuation, industrial life assurance, bond investment and business incidental insurance services as well as insurance products and services for aviation, engineering, fire, liability, marine, private and commercial vehicles, personal accident, theft, workmen’s compensation and employer’s liability insurance. Liberty Kenya Holdings Limited also offers asset management and property development services for the private and corporate sectors in Kenya. The company is a subsidiary of Liberty Holdings Limited and is the holding company for Heritage Insurance Company and a short- and long-term insurance business called Liberty Life Kenya Assurance Limited. Liberty Kenya Holdings Limited has a presence in 15 countries in the Africa sub-region. Its head office is in Nairobi, Kenya. Liberty Kenya Holdings Limited is listed on the Nairobi Securities Exchangelast_img read more

Kenya Commercial Bank (KCB.rw) Q32015 Presentation

first_imgKenya Commercial Bank (KCB.rw) listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2015 presentation results for the third quarter.For more information about Kenya Commercial Bank (KCB.rw) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank (KCB.rw) company page on AfricanFinancials.Document: Kenya Commercial Bank (KCB.rw)  2015 presentation results for the third quarter.Company ProfileKenya Commercial Bank (KCB) Rwanda Limited is a commercial bank offering financial solutions to private individuals and the corporate banking segment in Rwanda. KCB Bank Rwanda is a wholly-owned subsidiary of the KCB Group which is East Africa’s largest commercial bank by asset base. The Bank was established in 2008 after it was licensed by Rwanda’s banking regulator, the National Bank of Rwanda. It has 14 branches located in the main towns and cities of Rwanda as well as an extensive network of KCB Iwacu agents. Kenya Commercial Bank is listed on the Rwanda Stock Exchangelast_img read more

Copperbelt Energy Corporation Plc (CEC.zm) 2017 Annual Report

first_imgCopperbelt Energy Corporation Plc (CEC.zm) listed on the Lusaka Securities Exchange under the Energy sector has released it’s 2017 annual report.For more information about Copperbelt Energy Corporation Plc (CEC.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Copperbelt Energy Corporation Plc (CEC.zm) company page on AfricanFinancials.Document: Copperbelt Energy Corporation Plc (CEC.zm)  2017 annual report.Company ProfileThe Copperbelt Energy Corporation Plc (CEC), a member of the SAPP and listed on the Lusaka Securities Exchange, is a Zambian incorporated power transmission, generation, distribution and supply company and a major developer of energy infrastructure in Africa, respected for its skills in designing and operating transmission systems. CEC owns, operates and maintains power transmission, generation and distribution assets servicing customers in Zambia and the DRC, and is one of the largest international power traders in the region.last_img read more

3:2 House / Método

first_img 3:2 House / Método Area:  470 m² Manufacturers Brands with products used in this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/868731/3-2-house-metodo Clipboard 3:2 House / MétodoSave this projectSave3:2 House / Método Save this picture!© Tatiana Mestre+ 29 Share Manufacturers: Cocinas Maawad, Taller de Herrería, VoluntaConstructor:PGM ArquitecturaArchitect In Charge:Arquitecto Bernardo GarcíaCity:Mexico CityCountry:MexicoMore SpecsLess SpecsSave this picture!© Tatiana MestreRecommended ProductsCeramicsApariciPorcelain Tiles – TangoWindowsFAKRORoof Windows – FPP-V preSelect MAXWindowsAir-LuxSliding Window – CurvedWindowsKalwall®Facades – Window ReplacementsText description provided by the architects. Architecture is a snapshot of our current way of living. It is a synthesis of humanity in a time specific period. After the industrial revolution with the increasing reproduction of mass media, the introduction of new materials and new ways of transportation; the idea of a traditional interior space was transformed into a dialogue between interior and exterior. This change also challenged the boundaries of private and public spaces.  Save this picture!© Tatiana MestreSave this picture!ElevationSave this picture!© Tatiana Mestre3:2 House has the intention to question the physical and visual boundaries of space in single family housing. We pretend to create a visually continuous and connected area that is limited by a gradient boundary –rather than a physical wall- between the private and public areas of a house. Save this picture!© Tatiana MestreThe project is divided into 4 zones: bedrooms in the private zone; library and studio in the semi-private; living and dining rooms in the public area and a services area. The private area merges into the semi-private, and the semi-private merges into the public area. It is a gradient transition of private spaces that encourages interaction between its inhabitants without losing the essence of traditional spaces. Save this picture!© Tatiana MestreSave this picture!DiagramThe great windows facing south, and the little diversity in its materials; make it a very comfortable house for its latitude, and give it a timeless yet contemporary feeling.Save this picture!© Tatiana MestreProject gallerySee allShow lessWhich Cities Have the Most Skyscrapers?Misc7 of MIT Labs’ Best Ideas for Future CitiesArchitecture News Share Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/868731/3-2-house-metodo Clipboard CopyAbout this officeMétodoOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesMexico CityMexicoPublished on April 27, 2017Cite: “3:2 House / Método” [Casa 3:2 / Método] 27 Apr 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesRailing / BalustradesMitrexIntegrated Photovoltaic Railing – BIPV RailingMetal PanelsAurubisCopper Alloy: Nordic RoyalShelvingZeitraumWardrobe – Hide & ParkSignage / Display SystemsGoppionDisplay Case – Qd-ClassConcrete FloorsSikaIndustrial Floor CoatingsStonesCosentinoSurfaces – Silestone® Stone SeriesWindowsOTTOSTUMM | MOGSWindow Systems – FerroFinestra W20Panels / Prefabricated AssembliesULMA Architectural SolutionsMIS Facade PanelUrban ShadingPunto DesignPavilion – TentChairsInterstuhlConference Chair – Low With CastorsWoodreSAWN TIMBER co.Pre-Weathered Wood CladdingMore products »Save想阅读文章的中文版本吗?3:2 住宅 / Método是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamcenter_img CopyHouses•Mexico City, Mexico ArchDaily Houses “COPY” Architects: Método Area Area of this architecture project Mexico “COPY”last_img read more

1,000 wealthiest in The Sunday Times Rich List donated £2.66bn last year

first_img The Sunday Times Giving List today reveals that the wealthiest 1,000 people in the UK gave £2.66 billion to charity in the previous year.Last year saw a record number of total donations to charity of at least £1 million by those on the list: 178 of the 1,000 people in The Sunday Times Rich List, which will be published one week today, gave at least £1 million to charity.Top donorsSir Elton John and JK Rowling topped the list of those who had given the most. John gave £26.8 million in the past year, primarily to his Aids foundations in the UK and USA.The Sunday Times Giving List is sponsored by the Charities Aid Foundation, itself one of Europe’s largest charitable foundations which helped people give £478 million to charities last year.John Low, Chief Executive of CAF, said:“Young people are the future of giving and the celebrities many people look up to can play a massive role in setting an example and showing how rewarding it is to give.“Those on the Rich List who give to good causes provide much so more than just financial support. When stars from Coldplay and One Direction to Rory McIlroy and David Beckham give to charity, they send out an important message about the positive impact we can all have by supporting causes we care about.” Advertisement 1,000 wealthiest in The Sunday Times Rich List donated £2.66bn last year Tagged with: Prospect research Research / statistics rich list AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.center_img  101 total views,  1 views today  102 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 Howard Lake | 17 April 2016 | Newslast_img read more

Bombay HC Dismisses PIL Alleging Negligence In Management Of Dead Bodies Of Covid-19 Victims By MCGM Staff [Read Order]

first_imgNews UpdatesBombay HC Dismisses PIL Alleging Negligence In Management Of Dead Bodies Of Covid-19 Victims By MCGM Staff [Read Order] Nitish Kashyap3 July 2020 10:00 PMShare This – xThe Bombay High Court on Friday dismissed a public interest litigation alleging negligence in management of dead bodies of Covid-19 victims by Municipal Corporation of Greater Mumbai staff after the Corporation filed an affidavit categorically denying the allegations in the PIL and asserting that guidelines of the Health Ministry are being strictly followed for disposal of dead…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Bombay High Court on Friday dismissed a public interest litigation alleging negligence in management of dead bodies of Covid-19 victims by Municipal Corporation of Greater Mumbai staff after the Corporation filed an affidavit categorically denying the allegations in the PIL and asserting that guidelines of the Health Ministry are being strictly followed for disposal of dead bodies. A division bench of Chief Justice Dipankar Datta and Justice NJ Jamadar was hearing a PIL filed by Ketan Tirodkar, an activist who contended that the smoke emanating from the chimneys at crematoriums in Shivaji Park and Chandanwadi is dangerous for the MCGM workers handling the bodies. Shivaji Park Crematorium in Dadar West and Chandanwadi crematorium in Charni Road have been receiving major workload as they are in the close vicinity of major State & Civil hospitals. Around 18 to 20 bodies are received every day by these two crematoriums. The staff is not given adequate medication and the protective overalls, petitioner claimed. The Corporation filed an affidavit-in-reply, categorically denying the material allegations in the PIL. Referring to the guidelines dated March 15, 2020 issued by the Ministry of Health and Family Welfare, Government of India on management of dead bodies and a circular dated June 4, 2020 issued by it laying down Standard Operating Procedures for handling of dead bodies, the Corporation contended that the provisions of the guidelines are being strictly enforced so as to keep the spread of the virus within manageable limits. Moreover, relying on the decision of a coordinate Bench of this Court dated May 22, 2020 passed in (Pradeep Gandhy & Ors. vs. State of Maharashtra & Ors.) and other connected matters, which dealt with the issue of decent burial of COVID victims, it was emphasized that things are moving in the right direction and that there is no case for judicial intervention. Thereafter, a rejoinder affidavit was filed by the petitioner. In the affidavit, it has been vaguely alleged that the guidelines that are issued are not being strictly followed by the Corporation. Particulars of any specific incident are not provided. The bench questioned the petitioner’s counsel Adv Aparna Vhatkar on the point of absence of particulars and she submitted that since the petitioner during the period of lockdown is away in Pune, he has been disabled in furnishing particulars. After conclusion of submissions, the bench noted- “The allegations made by the petitioner do not as such appear to be based on his personal knowledge, though paragraphs 1 to 8 are verified as true to the best of his knowledge. Whatever he has learnt on reading certain newspaper reports has triggered the institution of this PIL Petition. In course of hearing, Ms. Vhatkar admits that newspaper reports are not admissible evidence. No material has been placed before us which could even remotely support or validate the stand that the petitioner has taken in the PIL Petition. In the absence of the relevant data, we hold his fears and concerns to be misconceived. That the petitioner has been residing in Pune during the lockdown period and alleging mismanagement in Mumbai has also left us to wonder how he could have verified the pleadings in the PIL Petition as true to the best of his knowledge. That the petitioner has been residing in Pune, for which he could not provide relevant facts and figures for drawing up the PIL Petition in a more comprehensive manner, is also of little importance.” While the petitioner sought directions for ensuring that dead bodies of such Covid-19 victims are wrapped in leak proof bags and 1% ‘hypochlorite’ is applied over such bodies, the Corporation emphatically asserted that the guidelines dated March 15, 2020 and June 4, 2020 issued by the Ministry of Health and Family Welfare, Government of India as well as the Corporation itself, respectively, are being scrupulously followed and enforced in the matter of management and disposal of dead bodies of Covid-19 victims. “Not only has the Corporation pleaded that the polythene bags in which the cadavers are wrapped are of the requisite quality, it is also pleaded that ‘hypoclorite’, to the extent necessary, is being administered on the cadaver so as to prevent the spread of the virus. Reference has also been made to other clauses of the guidelines which the Corporation has been adhering to, to ensure that the people residing in the vicinity of the crematoriums within the municipal limits are kept free from contracting any infection to the extent possible”, Court said. Thus, Court concluded that no case for interference has been made out by the petitioner and dismissed the PIL – “We, however, hope and trust that the Corporation shall continue to earnestly adhere to and enforce the extant guidelines so that life of each and every citizen is preserved and that they are not put to unnecessary distress as a result of the contagion.” Case Number: PIL-CJ-LD-VC-29 of 2020 Case Name: Ketan Tirodkar Vs. State of Maharashtra & Anr.Coram: Dipakar Datta CJ and NJ Jamadar JCounsel: Adv Aparna Vhatkar for Petitioner, GP PP Kakade for State and Sr Adv AY Sakhare for MCGMClick Here To Download Order[Read Order]Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Stobart Air sold to Isle of Man company

first_img Twitter Twitter By News Highland – April 20, 2021 Facebook Important message for people attending LUH’s INR clinic DL Debate – 24/05/21 WhatsApp Google+ RELATED ARTICLESMORE FROM AUTHOR Loganair’s new Derry – Liverpool air service takes off from CODA Stobart Air sold to Isle of Man company Stobart Air has been sold to Isle of Man-based Ettyl.The carrier currently operates the Aer Lingus regional franchise and this will continue until the end of 2022, including the Donegal to Dublin public service obligation route.Management at the company say the sale will help them recover from the effects of the pandemic.center_img Facebook WhatsApp Pinterest Pinterest Google+ Arranmore progress and potential flagged as population grows Previous articleAdditional resources sought to support cross border educationNext articleCalls for more progress on new Cleary Centre News Highland News, Sport and Obituaries on Monday May 24th Homepage BannerNews Nine til Noon Show – Listen back to Monday’s Programmelast_img read more

Pubs, restaurants & hotels to open in North at start of July

first_img Arranmore progress and potential flagged as population grows News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR Twitter Pubs, restaurants & hotels to open in North at start of July Previous articleMan killed in suspected hit and run incident is namedNext articleMain Evening News, Sport & Obituaries Monday June 15th News Highland Pinterest Pubs, restaurants and hotels are to open in Northern Ireland at the start of July. Ministers in the Stormont Executive agreed to the move at a meeting earlier.From the 26th of June – caravan parks, camp sites and self-contained tourist accommodation will also be able to reopen.Colin Neill, Chief Executive at Hospitality Ulster says it’s a welcome development:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/06/onedfgdfgdfgdill4pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp Pinterest Facebook Twittercenter_img AudioHomepage BannerNews Google+ Community Enhancement Programme open for applications By News Highland – June 15, 2020 Google+ WhatsApp Important message for people attending LUH’s INR clinic Loganair’s new Derry – Liverpool air service takes off from CODA Nine til Noon Show – Listen back to Monday’s Programme Facebooklast_img read more

Mom, 3-year-old son found dead in remote wooded area after boy’s dad arrested for murder: Officials

first_imgMicroStockHub/iStock(YAMHILL, Ore.) — The bodies of an Oregon mother and her 3-year-old son have been recovered, authorities said, weeks after they went missing and the little boy’s father was arrested for murder.Karissa Fretwell, 25, of West Salem, and her son William Fretwell, who went by Billy, were last seen on May 13 and relatives reported them missing on May 17, the Salem Police Department said.Billy’s father, Michael John Wolfe, 52, of Gaston, Oregon, was arrested in May and charged with aggravated murder and kidnapping, police said.On Saturday searchers found the bodies of Karissa Fretwell and Billy in a heavily wooded and very remote area of Yamhill County, about 10 miles west of the city of Yamhill, according to a joint statement from the Yamhill County Sheriff’s Office, Salem Police Department and Yamhill County District Attorney.Karissa Fretwell died from a single gunshot to her head, authorities said, and the death was ruled a homicide.Billy’s cause and manner of death are not yet known and require more testing to be determined, authorities said on Sunday.Meanwhile, Wolfe is set to be arraigned on Thursday. His attorney did not immediately respond to ABC News’ request for comment.A potential motive was not immediately clear.Karissa Fretwell had sole custody of her son, according to the sheriff’s office.Copyright © 2019, ABC Radio. All rights reserved.last_img read more