British businesses fear doube-dip is looming

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof British businesses fear doube-dip is looming by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fan British businesses believe the country could be headed for a double-dip recession, according to a survey from accountants and business advisors BDO LLP.BDO’s optimism index – which reflects how businesses expect trading to develop two quarters ahead – tumbled to 93.1 in August from 95.5 in July, reaching levels not seen since the deepest parts of the recession between November 2008 and July 2009.BDO Partner Peter Hemington said: “If Quarter 4 does indeed turn out to be the start of a double dip, it certainly won’t be a merry Christmas for UK businesses.“What’s so disappointing is that businesses seem to be convincing themselves that things are going to get really tough in 2011 and are deferring new hires and investment decisions as a result. Much of this comes from the hype around the government’s spending cuts.”BDO’s index is compiled from the UK’s main business surveys, which covers more than 11,000 respondents from companies employing about five million people. John Dunne Sharecenter_img Tags: NULL Monday 13 September 2010 2:28 am whatsapp Show Comments ▼ whatsapplast_img read more

Swan General Ltd (SWAN.mu) 2013 Abridged Report

first_imgSwan General Ltd (SWAN.mu) listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2013 abridged results.For more information about Swan General Ltd (SWAN.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Swan General Ltd (SWAN.mu) company page on AfricanFinancials.Document: Swan General Ltd (SWAN.mu)  2013 abridged results.Company ProfileSwan General Limited offers insurance services, including personal and corporate insurance. The company provides services that include life, car, home, health, travel, boat, property and liability, financial lines, motor fleet, marine, and keyman and partnership insurance products, as well as reinsurance services. Swan General Limited also provides loans; education, retirement, and investment plans; wealth management and securities trading services; and pension and actuarial services, pension administration, and investment advisory services. Life, casualty, and property are the segments through which the company conducts its business and is based in Mauritius. Swan General Limited is listed on the Stock Exchange of Mauritiuslast_img read more

This Warren Buffett trick might help you in a market crash!

first_img Image source: The Motley Fool No one can deny that the past month or two has been a rough ride for UK-based investors. A global economic slowdown, the coronavirus and Brexit have all weighed heavily on the markets.In times like these, I like to look at a successful investor’s past, to see how they have benefited from a turbulent market.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…Warren Buffett made much of his wealth in recessions and market crashes. For him, tough times are an opportunity to buy shares in quality companies at a reduced price.As he has said in the past: “Be fearful when others are greedy. Be greedy when others are fearful.”Looking at the recent performance of the FTSE 100 and the FTSE 250, it seems many people are currently fearful, so now could be the time to be greedy.Buffett’s movesIt takes tremendous bravery to put your savings into the market when others are pulling theirs out.Take September 29 2008, when the Dow Jones lost almost 7% (that is, $1.2trn) in a day. But at the same time, Buffett — through Berkshire Hathaway — was buying big.Of course, he did not underestimate the enormous severity of the market crash, calling it an “economic Pearl Harbour”.However, Buffett saw that this was a great time to buy heavily discounted stocks and despite the short-term pain in the market, he had confidence that in the long term the market would continue to grow. He was right.It is clear that during this time, he stuck to his investing principles, buying well-managed companies with a strong track record and an economic moat, and avoiding heavily-leveraged businesses.At the time, Berkshire Hathaway picked up cheap banking stocks, like Bank of America and Goldman Sachs. Reportedly, when Goldman Sachs redeemed its preferred shares, it made Berkshire Hathaway $3.7bn.This strategy is not without risks, especially for smaller investors. Putting your hard-earned savings into a business that is losing value daily is a bold move.The stock price can go lower. I would say that rather than trying to buy at the lowest price possible, you only need confidence that you are buying stock in a good quality company. The hope is that in the long term, its price will increase. Remember, “price is what you pay, value is what you get”.If you lack the nerves to individually stock-pick during a turbulent market, there could be another solution.A simpler trickRather than buying individual shares, and putting all your eggs in a few baskets, I would invest regularly in a low-cost index fund as an easier answer. It is a strategy that Warren Buffett has recommended in the past.Buying into an index fund is a passive form of investing. The fund will own stocks representing all of the firms in a chosen index and aims to match its returns. For example, owning a FTSE 100 index fund gives you a slice of the UK’s top 100 listed companies.And by investing at regular intervals, you will be purchasing shares during the highs and lows of the market.Currently, I would carry on investing money into a FTSE 100 or FTSE 250 index tracker, even though the market appears turbulent. I remain confident that given time, the market will still grow, hopefully making us all richer in the process! This Warren Buffett trick might help you in a market crash! 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. Enter Your Email Address T Sligo | Thursday, 27th February, 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this.center_img Our 6 ‘Best Buys Now’ Shares T Sligo has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Berkshire Hathaway (B shares) and recommends the following options: long January 2021 $200 calls on Berkshire Hathaway (B shares), short January 2021 $200 puts on Berkshire Hathaway (B shares), and short March 2020 $225 calls on Berkshire Hathaway (B shares). 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. “This Stock Could Be Like Buying Amazon in 1997” 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. 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. See all posts by T Sligolast_img read more

Shares of Royal Dutch Shell yield almost 17%! Can that be right?

first_img 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 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. The coronavirus market crash and ensuing uncertainty has caused the stock market to sell off sharply, and for dividend yields to rise across the board. And as regular readers of the Motley Fool know, the best bargains are found precisely when there are a lot of sellers in the market. This makes the current environment perfect for value investors. Too good to be true?On the other hand, as regular readers also know, an extremely high dividend yield is not always a good sign. In fact, it often signals that the market does not believe that the company in question will be able to pay the dividend that has been forecast. This is true of companies in the energy sector today more generally, and of Royal Dutch Shell (LSE: RDSB) in particular. Shares of this oil giant are currently trading down 67% from their pre-coronavirus highs, which translates to a whopping 17% dividend yield. 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…The economic impact of the virus and subsequent quarantines has led to a fall in demand for energy. In addition, oil companies have been hammered by the price war instigated by the Saudis against the Russians, which has resulted in the price of Brent crude (the global oil benchmark) to collapse to below $30 a barrel. Obviously this impacts margins for oil producers.Reasons to be hopefulHowever, I still think that Shell represents an opportunity for investors brave enough to take a contrarian stance. For one thing, Shell hasn’t cut its dividend since World War 2. Of course, the past is no guarantee of the future. But this fact does imply that management will be extremely reticent to cut. And even if the dividend were to be cut in half, that would still be a significantly higher yield than the FTSE 100 average of 6.75%.There are also a number of reasons to believe that Saudi Arabia’s scorched earth strategy is unsustainable. The Kingdom’s break-even oil price (the price per barrel at which it can balance the budget) is around $80. This is much higher than both Russia’s (around $40) and the US shale producers that this strategy is designed to hurt the most (around $42). The Saudis could certainly run deficits for a while. But it’s not clear whether they would want to do so in the current environment, with global growth slowing dramatically. Sure of Shell?That said, I don’t think that investors should buy stocks based solely on what they think will happen in the world of geopolitics. However, I do think that investors should assess the relationship between risk and reward. And in this case, there are many reasons to be bullish on Shell. The company is trading at historically low levels.It has a decent balance sheet that will allow management to defend the dividend, for the near-to-mid term. It is a systemically important company, making it a prime candidate for government support. And its low share price means that even if dividends are suspended, management could still buy back stock at these very attractive valuations. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Stepan Lavrouk owns no 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 Stepan Lavrouk | Thursday, 19th March, 2020 | More on: RDSB Shares of Royal Dutch Shell yield almost 17%! Can that be right? Image source: Getty Images. 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 See all posts by Stepan Lavrouklast_img read more

Stock market crash: Is this FTSE 250 bargain stock NOW too cheap to miss?

first_img “This Stock Could Be Like Buying Amazon in 1997” 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. Stock market crash: Is this FTSE 250 bargain stock NOW too cheap to miss? 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. Is SThree (LSE: STEM) one of the best bargain stocks out there?Its forward price-to-earnings ratio of 17 times could be considered good value by many, given the ripping rate at which earnings have been growing. Both revenues and profits hit fresh record highs in the last financial year (to November 2019).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…It looked certain that SThree would make further progress in financial 2020, too. Sure, the toughening macroeconomic landscape might damage broader labour market conditions in the FTSE 250 company’s global territories. But its focus on niche, or STEM (shorthand for science, technology, engineering, and mathematics), industries would give it an extra layer of support.Nicht so gutHowever, it looks as the coronavirus crisis could blow SThree’s trajectory off course.The company itself commented in March that the challenges facing the labour market are “potentially very significant… given the fast-developing situation with Covid-19, recent large falls in oil prices, and increasing concerns about global confidence and GDP growth”.Given the chilling employment data from some of SThree’s markets, this isn’t a surprise . Let’s take Germany as an example, its single largest territory and responsible for just under a third of group revenues.Unemployment in Europe’s largest economy continues to rocket. At 6.3% for May, it was up half a percentage point from the previous month. And the figure would have been a lot worse had the German government not have introduced the Kurzarbeit work scheme.Similar to the furlough scheme here in Britain, the programme tops up the pay packets of employees put on reduced hours by their employers, lessening the financial strain on companies and thus reducing their need to axe workers.The German government expects the number of citizens relying on the support scheme to explode, too. As many as 2.1m people are predicted to apply for assistance, dwarfing the 1.4m that required help during the 2008–09 financial crisis.Will this bargain stock weather the storm?Could SThree, however, be able to absorb the worst of what the global economic downturn has to offer? Well the company itself believes that the niche industries it serves could save its bacon.In March’s release it said that “the need for STEM skills going forward should not be underestimated” as major issues like climate change and significant demographic shifts remain in the spotlight. And many of these challenges “[create] a huge opportunity as many of those skills, while still in high demand, are also in short supply, irrespective of where we are in terms of economic cycle”.SThree doesn’t operate in a bubble and revenues will take a smack given the scale of the Covid-19 hangover. I reckon recent share price weakness reflects its rising risks. And it has a robust balance sheet to help it navigate any choppy waters.This is share whose appealing long-term investment case remains intact. And I reckon the recent stock market crash makes it a bargain stock worthy of buying. 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 Image source: Getty Images. center_img Royston Wild 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. Enter Your Email Address Royston Wild | Wednesday, 10th June, 2020 | More on: STEM Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. See all posts by Royston Wildlast_img read more

Dupont dazzles as France crush Italy in Six Nations opener

first_imgThe scrum-half dictates as seven-try France brush the Azzurri aside 50-10 in Rome 3 – Antoine Dupont has assisted each of @FranceRugby’s first three tries against Italy, he’s just the 7th man to assist 3+ tries in a @SixNationsRugby match – Frédéric Michalak is the only one to assist four tries in a single game in the Championship (v Italy, 2006). Magician. pic.twitter.com/CSteOX68s0— OptaJonny (@OptaJonny) February 6, 2021Italy head coach Franco Smith said: “It will be difficult to be positive for those who only see the result but we have to think about where to do better. There are negative aspects in our game but we are lacking international experience.“Ball in hand we played very well and we suffered five tries from our mistakes: we can improve and recover immediately. You learn from these days. It has been a long six weeks and it has been difficult for the franchises as some matches were cancelled due to Covid.“Growing a team internationally is very difficult, but physically the boys were fine and we were equal to them in intensity.”The boss: France coach Fabien Galthié during the warm-up at Stadio Olimpico (AFP/Getty Images)His opposite number, Gathié, was pleased that he was able to bring on all of his ‘finishers’ ahead of next weekend’s match in Dublin.“We scored seven tries, we were efficient. Now we’re going to have a good week to prepare for the game against Ireland,” he said.“It was our tenth game together as a group, an important game for us away from home. We have a good dynamic and we continue to build on it.“We will continue to play for those who cannot do so at the moment, the children… Thanks to all these supporters, we are trying to do beautiful things and bring them joy.”Italy: Jacopo Trulla: Luca Sperandio, Marco Zanon (Carlo Canna 44), Ignacio Brex, Montanna Ioane; Paolo Garbisi (Canna 36-41), Stephen Varney; Daniele Rimpelli (Danilo Fischetti 31), Luca Bigi (capt, Gianmarco Lucchesi 59), Marco Riccioni (Giosué Zilocchi 31), Marco Lazzaroni, David Sisi (Niccolò Cannone 59), Sebastian Negri (Federico Ruzza 59), Johan Meyer (Maxime Mbandà 51, Guglielmo Palazzani 75), Michele Lamaro.Try: Sperandio. Con: Garbisi. Pen: Garbisi.France: Brice Dulin; Teddy Thomas, Arthur Vincent, Gaël Fickou (Damian Penaud 59), Gabin Villière; Matthieu Jalibert (Louis Carbonel 59), Antoine Dupont (Baptiste Serin 58); Cyril Baille (Francois Gros 53), Julien Marchand (Pierre Bourgarit 46), Mohamed Haouas (Dorian Aldegheri 53), Bernard Le Roux, Paul Willemse (Romain Taofifenua 58), Dylan Cretin, Charles Ollivon (capt), Gregory Alldritt (Anthony Jelonch 58).Tries: Cretin, Fickou, Vincent, Dulin, Dupont, Thomas 2. Cons: Jalibert 6. Pen: Jalibert. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS “Orchestrated, isn’t it always, by Antoine Dupont”Gaël Fickou scores for @FranceRugby! #GuinnessSixNations #ITAvFRA pic.twitter.com/Dwr6YW5DjK— Guinness Six Nations (@SixNationsRugby) February 6, 2021Next, a handling error allowed Gabin Villière to snatch possession and when he found Dupont in support, the scrum-half floated a delicious offload in the tackle over his left shoulder to give Vincent his first Test try.Both tries were converted and suddenly France were three full scores ahead at 24-3. TRY!The AWARENESS from @Dupont9A Vincent the beneficiaryWatch LIVE @ITV https://t.co/K9pPPwLQEG#ITAvFRA #GuinnessSixNations #ITVRugby pic.twitter.com/dj7t0zl1Gm— ITV Rugby (@ITVRugby) February 6, 2021Italy seemed to have cancelled out one of those scores when Stephen Varney threw two dummies down the short side and put Monty Ioane away for a try. Unfortunately, it was disallowed after TMO Karl Dickson ruled that Varney’s pass had been marginally forward.Garbisi left the field for an HIA and half-time was reached with no further score. At times, the second period was a one-way procession as French attackers flooded through an overwhelmed home defence.Dulin’s bonus-point score from Villière’s grubber set the tone. Dupont, running a classic nine inside support line, ambled over from Thomas’s pass. Then Jalibert’s break saw Dupont on hand again and he returned the favour to Thomas – the winger’s 14th try in 23 Tests.Italy had plenty of ball and finished the game in the ascendency in some key performance indicators. They matched France for line breaks but made twice as many passing errors and conceded twice as many turnovers. They also missed 27 tackles, which is a few too many.Tackled: Italy full-back Jacopo Trulla, who saved one try when beating Thomas to a grubber (AFP/Getty)Thomas had the final say, crossing in the corner to bring up the half-century of points, although Italy at least had a try of their own to celebrate as Luca Sperandio finished superbly with a chip and chase.His try meant Italy avoided the ignominy of a record defeat by France. However, the loss takes their losing Six Nations sequence to 28 and next up are England at Twickenham. The calls for promotion and relegation to be introduced in the championship will only increase with days like this. Spoils of victory: Luca Bigi presents opposing captain Charles Ollivon with the Garibaldi Trophy (Inpho)Can’t get to the shops? You can download the digital edition of Rugby World straight to your tablet or subscribe to the print edition to get the magazine delivered to your door.Follow Rugby World on Facebook, Instagram and Twitter. Dupont dazzles as France crush ItalyMan of the Match Antoine Dupont was at the heart of a seven-try demolition of Italy as France launched the 2021 Six Nations in emphatic fashion.The much-heralded Toulouse scrum-half, whom some dub the world’s best player, set up two quickfire tries to put les Bleus out of sight in the first half. Then, after Brice Dulin had secured the try bonus point on 48 minutes, Dupont scored the fifth try and gave a scoring pass for Teddy Thomas for the sixth.He was substituted before the hour mark, saved for a stiffer challenge another day.“As usual, he (Dupont) put in a great performance. It no longer surprises anyone,” said France captain Charles Ollivon. “It was a tough match up front, as we suspected. The Italians were brave, they went through a lot of phases in the first half.”Historically, Italy have often stretched France in the Six Nations, albeit whilst only beating them on two occasions. But Fabien Galthié’s team are made of sterner stuff.Gaël force: centre Gaël Fickou celebrates his try with Arthur Vincent during France’s win in Rome (Inpho)It took less than six minutes for France to score the first try of the championship. Thomas and Arthur Vincent made sizeable initial inroads and when the forwards took over near the line, blindside Dylan Cretin crashed over by the posts. Matthieu Jalibert converted and added a penalty five minutes later.Undaunted, the youthful Italy players worked their way back into the game. Some excellent support and offloading, 19 phases in all, resulted in a penalty when Ollivon didn’t roll away. Paolo Garbisi got Italy on the board.If the Azzurri were encouraged, they were soon set squarely on their heels. First, Dupont dinked a grubber through the line from a stalled driving maul and Gaël Fickou strolled through to touch down, not a defender in sight. Watch it here. Master craftsman: Antoine Dupont crosses for France’s fifth try during another virtuoso display (Inpho) last_img read more

Ciara lives in constant fear of decapitation

Limerick Garda’s final push for Share A Dream Foundation fundraiser Miracle baby’s birthday fundraiser for neonatal unit TAGSBarcelonaCiara MicksDecapitationEDSFundraiserRaheensurgery Ciara Micks pictured with her mum Anne. Picture: Cian Reinhardt/ilovelimerickIF DONATING the price of a cup of coffee could stop someone being decapitated, would you do it?That’s the stark question posed by a Limerick teenager with a condition that could end her short 16-years of life at any moment.Ciara Micks (16) from Raheen saw her world demolished three years ago when she developed Ehlers Danlos Syndrome (EDS)EDS affects joints, connective tissue and vital organs and within six weeks of diagnosis, Ciara went from being an active teenager, swimming and dancing to being unable to walk.Sign up for the weekly Limerick Post newsletter Sign Up Now she is almost bedridden, needs an oxygen tank and, because of the instability of her neck and skull, lives in fear of the condition causing internal decapitation.“I just want to be able to do normal things, see my friends, go to school. My teenage years have been taken away from me,” Ciara told the Limerick Post.She needs an operation to take her out of constant danger of immediate death but she cannot have the procedures done here and will have to travel to Barcelona for surgery and raise €100,000 to do that.Her window of opportunity is small and getting smaller.The operation would need to happen this March so she needs to raise the funds before then.“In Ireland, they can do cervical fusion procedures, but not on an EDS patient, never mind somebody with as many complications as I have – blood pressure problems, heart problems, and my blood does not clot,” said Ciara.“You have to take into consideration the EDS and being resistant to the anesthesia, so they have to do a lot to make it work”.“One of the effects of Ciara’s condition is that she can’t tolerate heat and passes out. If we don’t get there in March that means pushing it back to November. Meanwhile, her life is in danger,” Ciara’s mother, Anne, told the Limerick Post.“Anything people can donate to the fund, even the price of a cup of coffee, will help and we have such a short time span to do this,” said Anne.From this week, the fundraising campaign goes all out with collection points in Irwin’s jewellers in William Street and Bella Italia in Thomas Street and Castletroy, Widdess pharmacy in Roches Street and other outlets around the city.There’s also bag-packing at Tesco in Roxboro this weekend from 10am to 6pm donations can be made to Ciara’s surgery fund at www.gofundme.com/ciaraeds or contact Anne at [email protected] Facebook page, Ciara’s Fight for Life for more information.For more health stories click here  University of Limerick medical student’s ‘garden hurling marathon’ raises more than €60,000 Limerick sings from the rooftops to thank frontline workers Print WhatsApp RELATED ARTICLESMORE FROM AUTHOR NewsHealthCiara lives in constant fear of decapitationBy Bernie English – February 2, 2018 1811 Limerick’s Ken McDonald climbs to new heights for Shay and Share A Dream Twitter Facebook Darren’s distance Zumba to feed people in need Linkedin Email Previous articleBeyond the neon runesNext articleLimerick Council made look like a ‘Chain of Fools’ Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. Advertisement read more

Investors Are Effectively No Longer Overpaying for Assets

first_img Share Save Previous: Citigroup, U.S. Bancorp Profitable in Q3 While Goldman Sachs Net Revenues are Down Next: DS News Webcast: Friday 10/16/2015 Investors Are Effectively No Longer Overpaying for Assets Auction.com Investors Single-Family Rentals 2015-10-15 Brian Honea Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Market Studies, News October 15, 2015 1,190 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Investors are effectively no longer overpaying for assets in the residential housing market, according to Auction.com EVP Rick Sharga in the company’s quarterly housing update on Thursday.But for those investors paying at or close to market value for their homes and looking to rent them, the strategy has shifted away from what it was as recently as two years ago.“A couple of years ago, in early 2013, we actually saw some property prices spike,” Sharga said. “When you see an investor paying over 100 percent of the appraised value, it suggests that something in the market is a little bit out of whack. What was happening is that institutional investors were coming into the market in a very big way in states like Nevada and California and buying up properties they decided they were going to rent out. In some cases, they drove prices up so high that not only did the foreclosure discount disappear, but they were paying over market value. For some investors, that’s actually okay as long as the rest of the numbers work out within their business models.”While Sharga said investors have for the most part stopped overpaying for assets, some are still paying at or close to market value. And for those investors, a change in strategy has become necessary in order to stay profitable.“If you’re an investor buying a property to rent, we’ve seen a lot of those folks paying at or close to full market value because what they’re looking at right now is to try and make their money from cash flow on renting the property rather than making their money on based on home price appreciation where they would buy low, rent for a couple of years, and then sell high,” Sharga said. “It’s a very different model than when the buy-to-rent strategy became popular a couple of years ago among institutional investors.” In some cases, they drove prices up so high that not only did the foreclosure discount disappear, but they were paying over market value.” Rick ShargaInvestors now are generally paying around 77 to 78 percent of market value for single-family residential homes, Sharga said.“As an investor, if you find that what you’re doing is buying things significantly lower than that, you’re getting a terrific deal,” Sharga said. “If you’re paying a little bit more than that, it suggests that either you need to sharpen your pencil a little bit or maybe you’re in one of the markets where the price points are a little harder to get to. There is some definite regionality in these numbers.”Sharga suggested that investors whose portfolios have largely consisted of distressed inventory should consider diversifying, given the substantial declines the country has seen in distressed inventory in the last few years. Foreclosure inventory remains high in some areas of the country, such as in the Eastern Seaboard, the Midwest, and in some pockets of Arizona and Nevada, but Sharga said he believes foreclosure levels will normalize within the next two years—and might fall even lower.“I suspect that by the end of 2016, most of the backlogs of bad loans in the states will have been processed through the system,” he said. “By 2017 at the overall national level, we should be back to regular historical levels of foreclosure activity. If lending standards don’t loosen up at all in the next year or so, by 2018 we might actually be at the low normal levels of foreclosure activity. That sounds good and isn’t necessarily a bad thing in and of itself, but the flipside is that more and more people who should be able to get loans won’t because the lenders simply aren’t taking on any risk at all.” Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Investors Are Effectively No Longer Overpaying for Assets Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Auction.com Investors Single-Family Rentals Related Articleslast_img read more

New road crossing outside Aura Leisure Centre

first_imgNews 365 additional cases of Covid-19 in Republic A road crossing has been put in place at the Aura Leisure Centre in Letterkenny, but persons are being warned it is not a fully lit pedestrian crossing, and care is needed when using it.Cllr Dessie Larkin is hopeful that more work can be done at the crossing in the future, but he says, for now, it’s the best available solution.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/04/dessi530.mp3[/podcast] Gardai continue to investigate Kilmacrennan fire WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry New road crossing outside Aura Leisure Centre Facebook Main Evening News, Sport and Obituaries Tuesday May 25th Facebook By News Highland – April 29, 2010 Twittercenter_img Further drop in people receiving PUP in Donegal WhatsApp Previous articlePlans should be set in place for the extension of rail services in DonegalNext articleN13 Letterkenny to Derry road remains closed after fire News Highland RELATED ARTICLESMORE FROM AUTHOR Google+ Pinterest 75 positive cases of Covid confirmed in North Pinterest Google+ Twitterlast_img read more

TN Caste Killing Case : The Silences In Madras HC Judgment Acquitting Prime Accused

first_imgColumnsTN Caste Killing Case : The Silences In Madras HC Judgment Acquitting Prime Accused Poongkhulali B24 Jun 2020 6:22 AMShare This – xThe prosecution presented and argued the case primarily as culpable homicide with caste as a reluctant sub-text and the judgement goes no further.The judgment in Chinnasamy and Others vs.State of Tamil Nadu has evoked responses of shock and dismay- how did the Court acquit Chinnasamy, who, according to the prosecution was primarily responsible to hatch a conspiracy to hire men to cause the brutal attack on his son-in-law Sankar and his daughter Kausalya? It was murder in broad daylight. All preliminary reports suggested that it was…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 judgment in Chinnasamy and Others vs.State of Tamil Nadu has evoked responses of shock and dismay- how did the Court acquit Chinnasamy, who, according to the prosecution was primarily responsible to hatch a conspiracy to hire men to cause the brutal attack on his son-in-law Sankar and his daughter Kausalya? It was murder in broad daylight. All preliminary reports suggested that it was a clear case of honour killing. The family of Kausalya disapproved of her marriage with the Dalit boy and after trying unsuccessfully to convince her to abandon her marriage and return to their fold, they hired henchmen to murder the couple. It is a matter of record that Sankar, belonging to the Hindu Pallar community (Scheduled caste) was declared dead within a couple of hours after having sustained 32 brutal cuts on his body, while Kausalya, belonging to the Hindu Piramalai Kallar community (a caste higher in the hierarchy compared to the Hindu Pallar community), survived the attack after spending more than two weeks in hospital. The Madras High Court vide its 327 page long judgment delivered on 22.06.2020, reversed the finding of conviction of the trial court with respect to Chinnasamy, the father of Kausalya of all charges and while confirming the convictions of the hirelings, commuted their death sentence to 25 years imprisonment. There will be much legal debate on what has been said in the judgment – the manner of appreciation of evidence, relative weightage given to various testimonies etc. However, what has not been said is equally important – the deafening silence in the judgment on the various failures of the prosecution, the complete lack of acknowledgement of the societal impact of the gruesome crime and the lack of directives to the State to take any corrective measures even going forward. Silence that it is indeed a case of Honour killing To begin with, the prosecution does not say it loud and clear that this was a case of honour killing. This reluctance is at the root of all that follows, and one is afraid that this is the same reluctance that might have guided the entire investigation and also the manner in which the case was argued by the State Government before Court. One can search through the entire 328 paragraphs and find reference to the phrase “honour killing” twice, both while quoting from Bhagwan Dass v State (NCT of Delhi) [2011 6 SCC 396]. Silence on the role of the police while dealing with inter-caste marriages/ lack of implementation of earlier directives: That Kausalya and Sankar anticipated trouble right at the outset is evident from the Prosecution Exhibit-1, which was a letter written by Kausalya to the Udumalaipet Police on 12.07.2015 seeking police protection as she anticipated trouble owing to her inter-caste marriage. This ensued in an enquiry where the parents of Kausalya also participated. The 2nd exhibit is a letter from Sankar stating he will “take care of his wife” and the 3rd exhibit is another petition written by Kausalya requesting the police to drop further action against her parents. A strict legal interpretation of these documents has led the Court to conclude that at this point, that Kausalya did not anticipate further trouble and the matter was closed and this indicated nothing more than the fact that her parents had expressed displeasure at the marriage of the couple. However, the Judgement is completely silent on the role of the state machinery while dealing with cases of inter- caste marriages. The Judgement makes no mention of the directions of the Hon’ble Madras High Court dated 13.04.2016 in the case of B. Dilipkumar vs. Government of Tamilnadu (2016(2)Crimes158(Mad.)) in the case of honour killing of Vimala Devi. In this case, a single judge had specially directed that there should be special cells at every district to deal with issues of inter-caste marriages and their mandate should be more than granting protection, that the state take proactive steps to provide even counselling to the parents of the couple, and also set- aside funds to eradicate the evil of honour killing. The Judgement is also completely silent on the directives of the Hon’ble Supreme Court of India in Arumugam Servai vs. State of Tamil Nadu [(2011) 6 SCC 405] and references the judgement in just over one line while dealing with the issue of capital punishment. In Servai’s case, the Apex court had gone to the extent of fixing personal liability on police officials within whose jurisdiction such caste crimes took place. The Judgement has also not considered the Hon’ble Supreme Court of India’s directions in the Shakti Vahini vs. Union of India [AIR 2018 SC 1601], where a three judge bench of the Apex Court extensively dealt with the issues of khap panchayats and honour crimes across the country, and reiterated the Supreme Court’s views in the Arumugam Servai case. In this case, the Petitioner before the Supreme Court has pointed to events eerily similar to what occurred in the present case – “Sometimes, a young man can become the victim of honour killing or receive violent treatment at the hands of the family members of the girl when he has fallen in love or has entered into marriage….Certain instances have been cited with regard to honour crimes and how the said crimes reflect the gruesome phenomena of such incidents. Murder in day light and brutal treatment in full public gaze of the members of the society reflect that the victims are treated as inanimate objects totally oblivious of the law of the land and absolutely unconcerned with the feelings of the victims who face such cruelty and eventually succumb to them. In this case, the Apex Court has recognised that honour killings are a social menace, a violation of individuals’ fundamental rights, and recommended to the legislature to bring law covering the field of honour killing. The Supreme Court also issued multiple directions to State Governments on preventive, remedial, and punitive measures and gave the state governments 6 weeks to implement the same. A prosecution, that did not even begin to present the crime as that of honour killing could not have been expected to bring forth the State’s failings in addressing the same. Even though the accused were charged with offences under the SC/ST Prevention of Atrocities Act, 1989, the discussion on those offences are restricted to a bare minimum and no direct attempt was made by the prosecution to connect the killing to caste honour. The prosecution presented and argued the case primarily as culpable homicide with caste as a reluctant sub-text and the judgement goes no further.TN Caste Killing Case : Lapses In Investigation Helped Acquittal Of Prime Accused Chinnasamy Silence on the failures of the prosecution The Judgement, while acquitting Chinnasamy, Kausalya’s father (who was A1 – the first accused) of all charges and setting him free immediately fails to even observe that the prosecution failed in its job completely. CCTV footage of the ATM withdrawals by A1 were not recovered, test identification parade was not conducted for the witnesses to identify A1 whom they had seen speaking to some of the assailants before the date of the attack, the police did not recover the registers from the lodge to establish the stay of the other accused individuals and the role of A1 in facilitating the same. It is common for Courts, even while passing judgements of acquittal to comment on the quality of the prosecution, failures if any, and in some instances Courts have gone to the extent of ordering enquires against the investigating officers for their negligence and lapses. The present Judgment is silent on this aspect. Mere Caste bias? Apart from acquitting Chinnasamy (A1), the Court also commuted the sentence of the hirelings A4-A9 (Accused Numbers 4 to 9) from death sentence to that of 25 years continuous imprisonment. A reading of the summary of the prosecution’s arguments even at this juncture is bereft of any reference to the obvious caste motives of the crime. All that is suggested by the State government counsel is that the assailants exhibited “caste bias” (paragraph 315 of the Judgement) and ought to be punished strictly. Role of the Court In conclusion, if caste bias alone could lead a group of individuals from a caste Hindu community to inflict a planned, gruesome and brutal attack on a young couple hardly a year into their marriage, can the responsibility of dispensing justice to the victims of this bias stop with a mere appreciation of evidence and legal precedents? Justice certainly demands that the Courts goes beyond treating a criminal case like this akin to any other adversarial litigation. It is clear from the above judgements of Arumugam Servai and Shakti Vahini that the Supreme Court has recognised that honour killings are an increasingly common occurrence that ought to examined judicially in light of its social consequences, without just being limited to the traditional contours of murder or homicide under the Indian Penal Code. The responsibility of the Courts is beyond pronouncements of convictions and acquittal but also to perform a critical role of oversight to ensure that that the prosecution/state government is not compromising the pursuit of the case in any manner and even appoint an Amicus Curie (a neutral third party the Court appoints in some cases to assist it) if needed. The Court ought to have examined the societal impact of the crime and held all government institutions responsible for the state of affairs accountable and called the crime by its real name– Honour Killing – without hiding behind the veil of neutrality . The impact of this silence will be equally as far reaching as the acquittal of Chinnasamy.(The author is a Chennai-based Advocate and may be reached at [email protected] Views are personal) Next Storylast_img read more