Blood on the beach as Apprentices get nasty

first_img whatsapp Wednesday 13 October 2010 7:20 pm whatsapp KCS-content Tags: NULL More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgcenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Share Blood on the beach as Apprentices get nasty The great mystery of The Apprentice is when everyone actually sleeps. After last week’s midnight challenge, they were this time woken at 5.30am. Summoned to Heathrow, it was an elaborately cruel way to announce their new task: to create and pitch a new beach accessory.In the ever-inspiring confines of Terminal 5, the teams had a few problems coming up with ideas. “We haven’t solidified our product choice,” said Paloma, euphemising as only an Apprentice candidate can. After much squabbling (project manager Laura’s leadership style is best described as “incompetent supply teacher”) the girls unhappily settled on Joanna’s idea of a book stand. “It just makes reading that bit much more easier,” she explained. One wonders what books Joanna has been reading.The boys did slightly better, thanks to City banker Stella being catapulted into their team. As team leader she got to showcase many talents: negotiator, peacekeeper, babysitter. She even got to be a model as the boys gallantly volunteered her services to flog their product. Going shopping, they assured her they would choose something classy. “Do you have any bikinis with tassels?” they enquired.Their new invention was a hybrid of a cool box and beach towel: the cüüli. Why the umlauts? “It makes it trendy, it makes it cool” insisted Alex. Alex is currently unemployed.With prototypes produced, it was time to pitch to three retailers, including World Duty Free and Boots. The boys, rather dramatically, announced that the “age of the beach towel was over”. Not to be outdone, the girls baffled the experts with talk of “comfortability” and giving the customer “consumer happiness”.Alas, the customer will never get to experience this, as all three retailers declined to place orders for the Book Eeze, a first in the history of The Apprentice. At this point the bitching and bickering went nuclear, as accusations and recriminations bounced round the boardroom.Laura blamed Joanna for forcing through a bad idea, Joanna claimed Laura had scuppered their chances by denying Boots exclusivity while Lord Sugar’s new sidekick Karren Brady wondered whatever happened to sisterhood.Joining Laura and Joanna in the firing line was Joy. Rarely has someone been less appropriately named but her major crime seemed to be not shouting as loudly as the rest of them. It was enough for Lord Sugar though; he accused her of contributing nothing to the team and hailed her a black cab. Perhaps time for a relaxing beach holiday. last_img read more

Centum Investment Limited (CTUM.ke) HY2020 Presentation

first_imgCentum Investment Limited (CTUM.ke) listed on the Nairobi Securities Exchange under the Investment sector has released it’s 2020 presentation results for the half year.For more information about Centum Investment Limited (CTUM.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Centum Investment Limited (CTUM.ke) company page on AfricanFinancials.Document: Centum Investment Limited (CTUM.ke)  2020 presentation results for the half year.Company ProfileCentum Investment Limited is an equity firm specialising in investing in areas of growth, developmental capital and buyouts and seek to make equity investments between US$2 and US$20 million. The company invests in enterprises in the agricultural, education, healthcare, energy, financial services, insurance, information and communication technology, food and beverages, catering, automotive, publishing, real estate, power and FMCG sectors. In the beverage sector, it invests in businesses manufacturing alcoholic and non-alcoholic beverages and carbonated soft drinks. These companies operate in and serve the needs of domestic markets in Africa sub-regions. In most private equity investments, it prefers to acquire a controlling and significant minor stake in the company. The head office of Centum Investment Company is in Nairobi, Kenya. Centum Investment Limited is listed on the Nairobi Securities Exchangelast_img read more

FTSE 100 is up 35% from the stock market crash. Here’s what I’d buy now

first_img 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. 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. Image source: Getty Images 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. “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh | Tuesday, 23rd March, 2021 Enter Your Email Address See all posts by Manika Premsinghcenter_img Our 6 ‘Best Buys Now’ Shares FTSE 100 is up 35% from the stock market crash. Here’s what I’d buy now Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Manika Premsingh owns shares of Burberry. The Motley Fool UK has recommended Burberry. 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. On this date last year, the FTSE 100 index fell to a level of 4,993. This was the first time it had fallen to sub-5,000 levels since October 2011. It was also the lowest point since last year’s stock market crash that, according to one definition, happened on 12 March 2020, when the index lost more than 10% of its value in a single session. Thankfully, we have come a long way since. At yesterday’s close, the FTSE 100 index was up almost 35% from the day.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…Investing lesson from the stock market crashI think there is a big investing lesson here.And that is to invest in quality stocks when they are at their lowest, even if that appears counterintuitive at that moment. When stock markets are sinking, it is easy to imagine the worst. But as the past tell us, quality companies endure and crashes are overcome. There can be big rewards for investing courageously at such points. As an example, consider the FTSE 100 luxury brand and retailer Burberry. I had mentioned it in the context of the stock market crash last year as a growth stock I would buy. At the last close, the Burberry share price was up almost 86% from those levels. Even if that looked like too risky a time to buy stocks, and I had waited a good three months to buy it, my capital would have still appreciated by 28% by now. Another stock I had mentioned was the alternative asset manager Intermediate Capital Group, which had just broken into the FTSE 100 index at the time. Its share price is up a whole 180% from 23 March 2020 to now.  Would I buy these FTSE 100 stocks today?Much as I like both stocks, and believe there is still some investing upside to them, they have turned pricey. Going purely by the earnings ratio, Burberry has a huge one at 392 times. Compared to this, its French peer, Kering, which owns brands like Gucci and Alexander McQueen, has a modest ratio of 34 times. Even LVMH, the biggest global luxury company, trades at a ratio of around 60 times. Similarly, ICP has a much higher ratio of 35 times, too, compared to M&G which is at 4.6 times and Standard Life Aberdeen at 7.8 times. Stocks to buy nowAt this time, I think shares like Segro, the warehouse-focused real estate investment trust is one to consider. With online spending firmly on the rise, this share has seen a good 2020 and could well see sustained good times. Another one is the FTSE 100 multi-commodity miner Rio Tinto, which at 12.5 times has a much smaller earnings ratio than peers like Anglo American (23 times) and BHP (21 times). Strong financials and a continued commodities boom could hold it in good stead I believe. There is some risk to both Segro and Rio Tinto if these long-term growth ideas do not quite play out. I think that is unlikely though, going by incoming reports on changing consumer preferences towards online spending and large scale government stimulus spends that impact commodities positively. For me, they are good buys. Simply click below to discover how you can take advantage of this.last_img read more

Scotland sevens back from the brink with a trophy

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS But before all of that you must appreciate exactly what the win meant for all involved with Scotland sevens. It is another season in which they have stepped back from the brink, past several obstacles – only this time they have brought a trophy with them.For the latest Rugby World subscription offers, click here. With less than 20 seconds to go it seemed all too impossible: Scotland had to snaffle the kick-off, hold on to it without drawing the ire of the referee, break down a Blitzbokke side who had impressed all season long, and cross the line again, all to win their first ever HSBC Sevens World Series title, in London. It looked bloody hard, but then this is a side who know a thing or two about toughing it out.This time last year Scotland sevens were facing extinction. Players were strung along with promises of meetings and negotiations as wrangling continued over what guise, if any, the team would come in the next season. Behind closed doors many of the athletes felt under-valued by their own union, with only one member of the playing squad contracted beyond that off-season. They suspected the programme they had toiled to keep afloat was being forced under.With that going on off the field, Scotland finished the series in seventh place, their highest ever finish.This posed a problem. As the clamour increased, as more and more within the game called for a stay of execution and board members were switched on to the ‘situation’ with the sevens programme, money had to be factored into provisional budgets for the next year. A compromise of sorts had to be decided upon, with a small core of seven full-time, experienced sevens specialists contracted for another single year, with the group supplemented by youngsters and players on the fringes of the two pro 15s sides. They lost some support staff and vastly experienced athletes like Colin Gregor – third on the list of all-time point-scorers on the HSBC Sevens World Series and a man synonymous with the game north of the border – had to step away from the programme, all too sadly.From that point, the group could not come together as a single sevens squad until November. Being generous, one saving grace was that some of the senior sevens players have strong coaching backgrounds. At least they knew how best to look after themselves… Try time: Jamie Farndale dives over for one of five Scotland sevens tries in the finalA legitimate piece of good news is that those same core sevens players have been offered another one-year contract, although negotioations are ongoing. Much like last season, the players were promised they would know their fate early – in this case they were told they would know by April – but again there were delays and offers were not formalized until the second week of May, during a time when athletes would be anxiously considering other avenues.However, the last thing these professionals would want is a line of “boo-hoo, don’t we have it rough?” In a season of unpredictability on the series – before London, five different sides had won titles, including Kenya winning a first one in Singapore – every tournament could be different. It has been a series where teams have chopped and changed, trying to bring athletes from other disciplines up to speed, which is a task that has proved much harder than many assumed. While the party line in Scotland during all of this is that sevens is for developing 15s in Scotland, they have not had too many complete shake-ups and the squad have believed with every passing game that they are a competitive force. Indeed, next season a few players who were not slated to be part of the core of full-time sevens players, in contractual terms, should be offered the chance to be on sevens and sevens only next season. The SRU could do worse than extend offers to Nick McLennan and Dougie Fife – although the former may well have offers elsewhere.The reason for that become brightly evident as the clock stopped in London. Having just scored against South Africa, Fife found himself with the ball again. A big angry zero sat at the top left hand of viewers screens, with the next stoppage halting the final. Catching a pass from left to right, Fife turned one way, then the other, made a crescent run for the gap and plunged for the line to wrestle a 27-26 win off the Boks. Disbelief, relief and elation all jostled for a place on his face. He and they had done what looked impossible only seconds before.Now all the hopping and hollering is over, talk will drift past Scotland’s first ever series title, and we may even forget about that score from a driving maul… Everyone will now focus on Team GB. Five of the extended squad for Rio are Scots. Realistically these players have until the Exeter leg of the European Grand Prix sevens events, over 9 and 10 July, to snatch a place in the 12 for the Olympics. Another big challenge. Pure elation: Scotland claim their first ever HSBC World Sevens Series title (Getty Images) last_img read more

Squidge Rugby: So how did South Africa beat the All Blacks?

first_imgWednesday Sep 19, 2018 Squidge Rugby: So how did South Africa beat the All Blacks? Squidge Rugby is back with a very quick turnaround, putting together another excellent piece that this time looks at how the Springboks beat the All Blacks 36-34 in their own backyard.ADVERTISEMENTAfter popular videos featured on here about Sam Warburton and how good the Crusaders actually are, Squidge is back with another top analysis, this time featuring the thrilling contest that was South Africa against New Zealand on Saturday.The Boks had trailed early so turning things around away from home looked unlikely, especially after a string of poor recent results. But the visitors hung in there and a combination of courage (235 tackles) and self-belief led to them forcing All Black errors.The schoolboy kicking performance of Beauden Barrett did not help.WATCH: NEW ZEALAND VS SOUTH AFRICA HIGHLIGHTSA year out from the next Rugby World Cup, it won’t quite be crisis talk just yet, but the rugby world has seen that not only are the Springboks capable of throwing together a performance like this but if pressured, the All Blacks do resemble humans.With that in mind, Squidge looks at how South Africa pulled it off, and what this tells us about the All Blacks one year out from Japan 2019.ADVERTISEMENT<span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span><span style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” data-mce-type=”bookmark” class=”mce_SELRES_start”></span> credit: squidgerugby Posted By: rugbydump Share Send Thanks Sorry there has been an error Funnies Related Articles 29 WEEKS AGO WATCH: American reacts to brilliant Nigel… 29 WEEKS AGO Video of John Kirwan apologising while wearing… 29 WEEKS AGO Simon Zebo reveals how ‘absolute lunatic’… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

High street retailers join Fashion Targets Breast Cancer 2017 campaign

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis14 Melanie May | 27 April 2017 | News High street retailers join Fashion Targets Breast Cancer 2017 campaign Main image: Floozie Pink Flamingo Purse. RRP £15. Percentage to Breast Cancer Now: 30%. Available online at Debenhams.  182 total views,  1 views today M&S, Topshop and River Island are among high street fashion retailers participating in this year’s Fashion Targets Breast Cancer campaign for Breast Cancer Now.The Fashion Targets Breast Cancer campaign see Marks & Spencer, River Island, Topshop, SimplyBe, and Debenhams join forces with Breast Cancer Now between 18th April and 30th May to raise money for life-saving research through fashion lines. Every item in the exclusive lines carries a minimum donation of 30% with a number of items guaranteeing a 100% gift. All items purchased within the six-week campaign period will see a portion of profit go to the charity. About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.center_img Items include a £2 bracelet at River Island with a 100% of the price to Breast Cancer Now, a We Are All One sweater at River Island for £30, with 30% going to the charity, and a Floozie Flamingo shopper at Debenhams for £39, with a 30% donation. Fashion Targets Breast Cancer first launched in 1996, and has since raised more than £14 million for Breast Cancer Now. This year’s campaign theme is #FashionStrong, showcasing the power of women fighting breast cancer in the lab and in their personal lives too. Tagged with: Charity Fundraising Ideas corporate fashion  183 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis14last_img read more

Dutch journalist should never have been put on trial

first_img Journalists threatened with imprisonment under Turkey’s terrorism law News News Organisation to go further April 28, 2021 Find out more News RSF_en Follow the news on Turkey News Human rights groups warns European leaders before Turkey summitcenter_img April 8, 2015 – Updated on January 20, 2016 Dutch journalist should never have been put on trial TurkeyEurope – Central Asia Reporters Without Borders travelled to the southeastern city of Diyarbakır for the start of Dutch journalist Frederike Geerdink’s trial today on a charge of propaganda in support for the outlawed Kurdistan Workers Party (PKK). She is among the first foreign journalists to be tried in Turkey since 1995.Geerdink is the only western reporter known to be based in Diyarbakir, where she has lived since 2006. She has written a book and many articles about Kurdish issues, especially on the website Diken and her blog, called “Kurdish Matters.”She was charged with “propaganda in support of a terrorist organization” under article 7.2 of Turkey’s terrorism law – a charge that carries a possible five-year jail sentence – after anti-terrorism police searched her home and questioned her for several hours on 6 January.Johann Bihr, the head of the Reporters Without Borders Eastern Europe and Central Asia desk, and Erol Önderoğlu, the organization’s Turkey representative, attended the opening of the trial along with Amnesty International, the European Federation of Journalists (EFJ) and Dutch embassy representatives and many local and international reporters.At the end of today’s hearing, the prosecutor requested Geerdink’s acquittal, saying her articles were journalistic in nature and did not defend the use of violence. In the senior judge’s absence, the verdict was postponed until 13 April.“We are relieved that the prosecutor requested Geerdink’s acquittal and we very much hope that the court will adopt his recommendation,” Bihr said. “This trial should never have taken place. It is part of a campaign to intimidate foreign journalists based in Turkey.”The “fourth judicial reform package” that was adopted in April 2013 against a backdrop of peace talks between the government and PKK rebels has begun to restrict use of the terrorism law by introducing the charge of inciting or defending violence. Its long-awaited adoption was seen as a way of limiting misuse of terrorism legislation to persecute writers, journalists and bloggers.The charge of “membership of a terrorist organization” is nonetheless still widely used in an arbitrary manner against journalists critical of the authorities. Some 40 journalists are currently being prosecuted on this charge as alleged members of a media committee run by the KCK, a PKK-affiliated group.Leading TV presenter Sedef Kabaş is due to stand trial soon for criticizing a prosecutor on Twitter. She is charged with exposing a public official to the possibility of being targeted by a terrorist organization. “Geerdink’s trial simultaneously illustrates the progress made in the recent judicial reforms and their limitations,” Önderoğlu said. “The legislation has evolved but the judicial culture is still permeated by paranoid security attitudes. If the authorities really want to guarantee media freedom, they must completely overhaul the terrorism law and ensure that it is interpreted in a restricted manner.”Reporters Without Borders will remain in Diyarbakır one more day to investigate the Kurdish issue’s impact on media freedom. Help by sharing this information TurkeyEurope – Central Asia April 2, 2021 Find out more Turkey’s never-ending judicial persecution of former newspaper editor Receive email alerts April 2, 2021 Find out morelast_img read more

The Rising Tide of Home Equity

first_imgHome / Daily Dose / The Rising Tide of Home Equity  Print This Post The Rising Tide of Home Equity Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Tagged with: Home Equity Demand Propels Home Prices Upward 2 days ago Share Save in Daily Dose, Featured, News About Author: Kendall Baer Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago With the substantial rise in home equity, which is a key component of household wealth, there has been a corresponding increase in consumption spending and renovation expenditures. Moody’s Analytics reported that consumption spending rises by approximately $2 for every $100 worth of housing wealth that is regained.“[A] $6 trillion rise in housing wealth has lifted consumer spending by more than $100 billion during the last five years,” Nothaft said. “And renovation expenditures are up as well, further contributing to economic growth.”According to CoreLogic, the average gain in home equity, or household wealth, from the middle of 2015 to the middle of 2016 was $11,000 per homeowner. The largest increases were seen in California, Oregon, and Washington, all of which had an average increase in equity of almost $30,000 per homeowner. In Connecticut, New Jersey, North Dakota, and Pennsylvania, there was either a decline or no change in the average amount of equity gained per homeowner. Subscribe Home Equity 2016-10-06 Kendall Baer October 6, 2016 1,275 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago The aggregate amount of equity in U.S. residential homes has more than doubled since 2011, the result of 40 percent price appreciation nationwide during that time.Even with that much of an increase in home equity—which hit a trough of $6.1 trillion in June 2011 but by June 2016 had risen to $12.7 trillion—there is still plenty more equity to be regained while home price appreciation continues over the next year, according to CoreLogic’s U.S. Economic Outlook for October 2016.“We project the national CoreLogic Home Price Index will rise another 5 percent in the coming year, helping to boost home-equity wealth by close to $1 trillion,” CoreLogic Chief Economist Frank Nothaft said. “In turn, this wealth gain should add to consumption spending and contribute to economic growth in 2017.”According to CoreLogic’s most recent Home Equity Report released in mid-September, more than half a million (548,000) homeowners regained equity in the second quarter of 2016, bringing the total of residential homes with equity to approximately 47 million (93 percent). This left approximately 7 percent, or close to 3.6 million homeowners, in negative equity.“We see home prices rising another 5 percent in the coming year based on the latest projected national CoreLogic Home Price Index,” said Anand Nallathambi, president and CEO of CoreLogic. “Assuming this growth is uniform across the U.S., that should release an additional 700,000 homeowners from the scourge of negative equity.” Previous: Freddie Mac Sells off Serious Delinquency Pools Next: Why Homeownership Rate Can’t Keep Pace with Increase in Income Levelslast_img read more

Housing Costs Are Keeping Americans Awake at Night

first_imgSubscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Share Save A new study by Bankrate found that almost 80% of Americans are losing sleep at night due to financial issues, with housing costs being one of them. According to the survey, 78% of U.S. adults lose sleep due to their finances, personal relationships, housing costs, and other worries, which is a 9% increase from 2018.The leading cost of sleepless nights was everyday expenses, at 32%, but housing costs—mortgage payments and rent—accounted for 18%. Generation X respondents (ages 39-54) accounted for 64% of those who lose sleep over financial issues. Millennials (ages 23-38) accounted for 58% and 54% of baby boomers (ages 55-73) lost sleep over finances. The report states that Gen X is least likely to gain financial security and most likely to feel stressed about money. The report also found that 63% of those who earn less than $30,000 per year have more financial concerns, compared to 53% who make $80,000 or more. Despite these financial concerns for younger generations, it has been reported in recent months that millennials are putting more of an emphasis on homeownership. SunTrust released a survey in May that found nearly half of millennials who have been married say they and/or their spouse owned a home before marriage (48%), compared to only 35% of baby boomers. “People are choosing from many different paths and reaching common life milestones at a wider age span than before, changing when they decide to purchase a home,” said Sherry Graziano, Mortgage Transformation Officer at SunTrust.The survey also found that an increasing number of couples are entering marriage where both individuals own a home. According to the survey, 25% of unmarried women and 21% of unmarried men said, if faced with this decision, they would prefer to sell both places and buy a new one after getting married.Overall, first-time buyers such as millennials continue to reshape the mortgage market. According to the latest First-Time Homebuyer Market Report from Genworth Mortgage Insurance, first-time buyers make up 38% of single-family homebuyers and 57% of new purchase borrowers. Millennials Money 2019-06-27 Mike Albanese Sign up for DS News Daily About Author: Mike Albanese Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Five Minutes With: LoanCare’s Dave Worrall Next: Affordability: Renters vs. Owners Related Articles Home / Daily Dose / Housing Costs Are Keeping Americans Awake at Nightcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Housing Costs Are Keeping Americans Awake at Night Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago Tagged with: Millennials Money June 27, 2019 1,788 Views Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Writ In Nature Of Habeas Corpus Maintainable In Matters Of Child Custody: Madhya Pradesh [Read Judgment]

first_imgNews UpdatesWrit In Nature Of Habeas Corpus Maintainable In Matters Of Child Custody: Madhya Pradesh [Read Judgment] Akshita Saxena9 Jun 2020 10:21 PMShare This – xThe Madhya Pradesh High Court recently allowed a habeas corpus petition, which in effect pertained to the custody of a 2 year old boy, holding US citizenship. Emphasizing on the family law principle that “welfare of the child is of paramount importance”, the bench of Justice SC Sharma examined the issue whether a Habeas Corpus petition is maintainable in respect of custody of a minor…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 Madhya Pradesh High Court recently allowed a habeas corpus petition, which in effect pertained to the custody of a 2 year old boy, holding US citizenship. Emphasizing on the family law principle that “welfare of the child is of paramount importance”, the bench of Justice SC Sharma examined the issue whether a Habeas Corpus petition is maintainable in respect of custody of a minor child and it held, “a writ petition for issuance of a writ in nature of Habeas Corpus under article 226 of the Constitution of India in the peculiar facts and circumstances of the case is certainly maintainable. Otherwise also, keeping in view the welfare of the child and other factors including interaction with the child, this court is of the opinion that the child has to be in the custody of mother.” Background The writ had been filed by the mother of a 2 year old boy- born in and a citizen of the United States. Significantly, the Petitioner’s husband had obtained an ex-parte restraint order against her from an American Court, forcing her to move out of her matrimonial house and return to her parents’ home in Indore, India. Thereafter, the Petitioner’s husband left their son at his parents’ (the child’s grandparents’) house in Gwalior, and executed a Power of Attorney and Authorization in the favour of his parents, to look after the child. The Petitioner had accordingly moved the High Court, seeking custody of her child. Maintainability The Respondents, i.e. the in laws of the Petitioner had contended that a habeas corpus petition is not maintainable in matters of child custody. However, the Court was disinclined to “throw away” the Petitioner on the ground of jurisdiction or on the ground of alternative remedy available under the Guardians and Wards Act, 1890. “It is true that the child is a US citizen, however, the mother is an Indian citizen and she does have the legal right guaranteed under the Constitution of India to file a writ petition under Article 226 and to pray issuance of a writ in the nature of Habeas Corpus,” the court added. Reliance was placed on Capt. Dushyant Somal v. Sushma Somal, (1981) 2 SCC 277, whereby the Supreme Court had allowed a writ in the nature of Habeas Corpus with a direction for giving the custody of the child to the petitioner therein. In the present case, the Court observed, “the child is aged about two years and this Court keeping in view Section 6 of Hindu Minority and Guardianship Act, 1956 is of the opinion that the child has to be given in the custody of the mother.” The court however clarified that its order shall not come in way of the parties, in case they desire to approach the Civil Court under the Guardians and Wards Act, 1890. “The Civil Court shall be free to decide the matter without being influenced by the order passed by this Court keeping in view the statutory provisions in respect of visitation rights of father / grandparents,” the bench clarified. Restraint Order passed by American Court does not preclude the Petitioner of her right to child’s custody The Respondents had contended that in terms of the injunction granted against the Petitioner by the Franklin County Common Pleas Court, Division of Domestic Relations, Columbus, Ohio (USA), the Petitioner was not entitled to the child’s custody. Rejecting this argument the bench held the said ex-parte injunction order nowhere restrains the mother from meeting the child or to keep the child with her. Further, no order was placed on record which directs the custody of the child to be with the father. It observed, “There is no such injunction order granted by any Court situated in United States of America directing custody of child to be with the father. The so called injunction order is also an ex-parte order. The injunction order nowhere mentions anything about the child. The husband might have obtained injunction against wife in respect of domestic violence i.e. Domestic Violence Civil Protection Order (CPO ex-parte) but it is certainly not an order in respect of the custody of the child and therefore, the so called civil protection order does not help the grand parents in any manner.” In fact, the court observed that the child was extremely fond of his mother and it remarked, “Nothing equals a mother’s love. Mother love for his child cannot be described in words. It is beyond the boundaries provided by law and that is the reason the Hon’ble Supreme Court has held that the welfare of the child is of paramount importance in the matters relating to the custody of children.” Power of Attorney and Authorization irrelevant in matters of child custody The court held that the Power of Attorney and Authorization executed by the Respondent-husband in the favour of the child’s grandparents, to look after the child, was an “unheard concept” in Indian courts. “In India there is a prescribed procedure for appointment of guardians under the Guardians and Wards Act, 1890. The procedure adopted by the husband of the petitioner, empowering the grand parents to keep the child based upon some Power of Attorney is unheard-of. It does not create any right in favour of respondents No.4 and 5,” the court observed. Accordingly, the court allowed the writ petition. It also stated that since the child in question is a US citizen, the US Embassy and the Union Ministry of External Affairs be intimated about the order. “The Ministry of External Affairs, Government of India / Competent Authority shall pass necessary orders from time to time for extension of Visa of the child, if so required, in accordance with law. The petitioner shall make available the whereabouts of the child to the US Embassy as and when required or any other information required by the US Embassy in the matter,” the court concluded. Case Details: Case Title: Anushree Goyal v. State of Madhya Pradesh & Ors. Case No.: WP No. 7739/2020 Quorum: Justice SC Sharma Appearance: Advocate Hitesh Sharma (for Petitioner); Additional Advocate General Pushyamitra Bhargav (for State); Advocate RS Chhabra (for Respondents) Click Here To Download Judgment Read Judgment Next Storylast_img read more