The UK economy has collapsed 20%, but I’d keep buying this safe FTSE 100 share!

first_img Cliff D’Arcy | Wednesday, 12th August, 2020 | More on: MNG The UK economy has collapsed 20%, but I’d keep buying this safe FTSE 100 share! “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. UK investors were braced for bad news regarding the economy’s descent during lockdown. Even so, the news was worse than many expected. However, the FTSE 100 index is up 100 points (1.6%) as I write.The worst economic collapse in historyToday, the Office for National Statistics (ONS) revealed that, thanks to a lockdown lasting from March to July, the UK underwent an historic economic contraction.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…In the second quarter, UK gross domestic product (GDP, or national output) plunged by more than a fifth (20.4%). This sent the UK tumbling into the deepest depression on record, with the FTSE 100 index following suit.For the record, this is the worst slump in Europe and twice the contraction seen in the US over this period. Indeed, the worst quarterly fall in UK GDP during the global financial crisis of 2007–09 was a mere 2.1%. It’s also the worst figure by a long way in quarterly data that goes all the way back to 1955.What’s more, the UK’s coronavirus-driven economic collapse was worse than that in the US, Germany, Italy, France, and even Spain. Yikes.Good news for FTSE 100 investorsWe all knew Q2 would be bad, but the bounce-back has already started. In June, GDP leapt by 8.7% from May. This means UK GDP has risen 11.3% since bottoming out in April.As the UK economy bounced back from its lows, so too did the FTSE 100 index. Since crashing below 5,000 on 23 March, the FTSE 100 has rebounded hard. Today, it hovers around 6,270, up more than a quarter (25.6%) from its 2020 low.I see this FTSE 100 as safe, solid, and solventAt the weekend, I wrote about investment-management firm M&G (LSE: M&G) – a FTSE 100 share I said was a real steal. Today, M&G released its half-year results, so let’s review the headline figures.The bad news for M&G – only a recent entrant to the FTSE 100 – is that pre-tax profits (PTP) collapsed by almost three-fifths. In the first half of 2020, profits dived to £309m, down 56.7% year on year. However, stripping out £157m of demerger costs and market volatility caused by Covid-19, M&G’s IFRS after-tax profit was a healthy £826m (2019: £795m).Another setback for M&G was a decline in assets under management to £339 billion, £2bn lower than for H1/19. Likewise, the FTSE 100 firm’s ‘Shareholder Solvency II coverage ratio’ – a measure of its balance-sheet strength – fell to 164% (from 176% at end-2019).I still see M&G as crazily cheapGiven we’ve just come through the FTSE 100’s steepest-ever decline, I think M&G has done rather well in an extremely difficult environment.Also, M&G has declared an interim cash dividend of 6p a share, while the full-year payout could be 12p or more. Also, the FTSE 100 firm plans to generate excess capital of at least £2.2bn over three years. This alone is almost half M&G’s current market value of £4.51bn.As I write, M&G shares trade at 177.8p, up 4.15p (2.4%) on today’s news. They peaked at 245.9p on 19 February and, a month later, closed at 84.12p on 18 March. This tells me that M&G shares are often mispriced, relative to its underlying value.Right now, M&G shares trade on a price-to-earnings ratio of 4.25, for an earnings yield of 23.5%. They also offer a bumper dividend yield of 6.86%. For me, this is crazily cheap for a FTSE 100 share, so I’d buy and hold M&G today for juicy dividends and capital payouts! Cliffdarcy 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. 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.center_img Our 6 ‘Best Buys Now’ Shares 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 Image source: Getty Images Simply click below to discover how you can take advantage of this. See all posts by Cliff D’Arcylast_img read more

Hamersley Road Residence / Studio53

first_img Kelly Building Australia Houses Hamersley Road Residence / Studio53 Construction: Year:  Save this picture!© Christian Sprogoe+ 18 Share “COPY” CopyHouses, Extension•Subiaco, Australia ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/531301/hamersley-road-residence-studio53 Clipboard 2013 “COPY” Hamersley Road Residence / Studio53Save this projectSaveHamersley Road Residence / Studio53 Project Team:Chris Maher, Charlotte KennedyStructural Engineer:M.A. Lalli & AssociatesScreen Consultant:Diverse MetalsCity:SubiacoCountry:AustraliaMore SpecsLess SpecsSave this picture!© Chris MaherRecommended ProductsEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEADoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteDoorsJansenDoors – Folding and SlidingDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemText description provided by the architects. The Hamersley Road Residence is the conversion of an early 1900’s Australian workers cottage to a practical, modern family residence. The external timberwork, moulded plaster, handmade tiles and flannel flower glass of the existing house give the home a distinct arts and crafts aesthetic. The house had been untouched for many years. As the new owners, and as an Architect and Interior Design team, we wished to provide a functional home for our family with flexibility for now and into the future. We also wished to respect and enhance the existing craftsmanship.Save this picture!Ground Floor PlanAs we were designing a home for our family, we wanted to optimise the space of the relatively small site area. We were able to do this through the use of pure forms such as the ‘courtyard’ and the ‘box’.Save this picture!© Christian SprogoeTo the rear of the existing home we constructed a ground floor extension that envelopes a landscaped courtyard. Building to two boundaries and focusing the new ground floor rooms into the courtyard assisted in the creation and then blurring of the boundaries between indoor and outdoor. The intent was to provide multiple spaces of differing character, to be used at different times of the day and year, some inside and some outside.Save this picture!© Christian SprogoeThe upper level addition is delineated from the existing house by taking the form of a pure yellow ‘box’ gently placed on top of the ground floor behind the gable of the existing home. The Box is then further wrapped in a perforated screen to shade and protect it from the sun.Save this picture!© Christian SprogoeThe conception of the ‘box’ is integral to the design of this house. Internally, the box is its own zone; bedrooms, bathroom and play room for the children. Externally the box defines the character of the extension, highlighting the change from existing house to contemporary home in a sympathetic but contrasting manner.Save this picture!© Chris MaherThe intricately patterned and visually permeable screen envelops the box on all sides. The pattern is inspired from the floral motif of the original carpet and fireplace tiles; although given a contemporary edge. This screen provides visual richness, shade and protection to openings whilst offering opportunities for passive surveillance of the street. At night, the screen is illuminated, glows and provides a moment of joy for the neighbourhood.Save this picture!© Christian SprogoeThroughout the design process, we re-used and recycled elements of the existing home to create a story of restoration. This included recycling bricks, light fittings, and even the old laundry trough, which is now a thriving herb garden. The original tin awning on the front of the existing house was resurrected with a coat of Dulux Weathershield in ‘Happy’ to match the ‘box’.Save this picture!© Chris MaherDespite being untouched for over 90 years, the existing home was rescued and rejuvenated. The honest values of the house have been maintained, continued and extended into the new addition, to breathe life into the existing cottage and to create a “happy” and contemporary family home.Project gallerySee allShow lessNorman Foster Joins Hollywood Stars in Petition Against Venice Cruise ShipsArchitecture NewsHouse in Gokurakuji / Naoya Kawabe Architect & AssociatesSelected Projects Share Photographs 2013 Architects: Studio53 Year Completion year of this architecture project Projects Year:  photographs:  Christian Sprogoe, Chris MaherPhotographs:  Christian Sprogoe, Chris Maher ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/531301/hamersley-road-residence-studio53 Clipboard CopyAbout this officeStudio53OfficeFollowProductsSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentExtensionSubiacoHousesRefurbishmentAustraliaPublished on July 30, 2014Cite: “Hamersley Road Residence / Studio53” 30 Jul 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldRetractable Walls – Stepped & Sloped SpacesVinyl Walls3MArchitectural Finishes DI-NOC in SkyPodsShowerhansgroheShowers – Croma EDoorsC.R. LaurenceMonterey Bi-Folding Glass Wall SystemTable LampsLouis PoulsenLamps – Panthella PortableBeams / PillarsLunawoodThermowood Frames and BearersSealantsEffisusMetal Roof Flashing – Stopper MRDropped CeilingsPure + FreeFormLinear Clip-Strip Ceiling SystemUrban ShadingPunto DesignPavilion – CUBEVentilated / Double Skin FacadeULMA Architectural SolutionsPaper Facade Panel in Nokia LibraryLouversAccoyaAccoya® Wood for Shutters and LouvresSpa / WellnessKlafsGyms & Relaxation RoomsMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?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 streamlast_img read more

House in Novellara / KM 429 architecture

first_imgCopyHouses•Novellara, Italy ArchDaily House in Novellara / KM 429 architectureSave this projectSaveHouse in Novellara / KM 429 architecture ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/774090/house-in-novellara-km-429-architecture Clipboard 2015 Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/774090/house-in-novellara-km-429-architecture Clipboard “COPY” Architects: KM 429 architecture Year Completion year of this architecture project 2015 Year: center_img Save this picture!© Simone Bossi+ 18 Share Houses House in Novellara / KM 429 architecture Italy “COPY” photographs:  Simone Bossi Photographs:  Simone Bossi Save this picture!© Simone BossiRecommended ProductsLightsVibiaCeiling Lights – BIGEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornLightsLonghiLamp – AkileleLightsLouis PoulsenLamps – AJ CollectionText description provided by the architects. The project area is located at the edge of Zone of Luxury Environment within the perimeters of the areas ‘ZPS’ and ‘SIC’ at Bettolino, among the municipality of Novellara, Reggiolo and Fabbrico.Save this picture!© Simone BossiThe new house will be built in one of the most picturesque and typical zones of the reggiana plain, with its rare historical landscape and naturalistic value, fruit of the spontaneous fusion between nature and human work centuries old.Save this picture!© Simone BossiThis landscape, consolidated over centuries by a continuous rural work remained unchanged in forms and methods, has acquired a distinctive and unique look inside the reggiano.Save this picture!First Floor PlanThe compact in shape and volume house, even if in its limited forms, resumed the characteristics of the typical rural buildings in these areas, with the roof in two pitches.Save this picture!© Simone BossiProject gallerySee allShow lessA Utopian Dream Stood Still: Ricardo Bofill’s Postmodern Parisian Housing Estate of …Architecture NewsLe Coruscant / Brenac & Gonzalez & AssociésSelected Projects Share CopyAbout this officeKM 429 architectureOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesNovellaraItalyPublished on October 01, 2015Cite: “House in Novellara / KM 429 architecture” 01 Oct 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogLouvers / ShuttersTechnowoodSunshade SystemsCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingMetal PanelsAurubisCopper Alloy: Nordic BronzeBathroomsGeberitBathroom Series – ONESkylightsLAMILUXGlass Skylight F100 CircularMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassAluminium CompositesAmerican MetalcraftAluminum Panels – Decorative Fencing for BridgesPanels / Prefabricated AssembliesULMA Architectural SolutionsWater Facade PanelDoorsLinvisibileLinvisibile Concealed Sliding Door | MareaWall / Ceiling LightsiGuzziniExterior Light – WalkyWoodPlycoWood Boards – Birch LaserplyMore products »Read commentsSave想阅读文章的中文版本吗?意大利诺韦拉腊住宅 / KM 429 architecture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 stream Photographs Projectslast_img read more

Little Big House / Room11 Architects

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/888548/little-big-house-room11-architects Clipboard Year:  CopyAbout this officeRoom11 ArchitectsOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesWellington ParkAustraliaPublished on February 12, 2018Cite: “Little Big House / Room11 Architects” 11 Feb 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesSynthetics / AsphaltMitrexSolar RoofMetal PanelsAurubisCopper Alloy: Nordic RoyalPlumbingSanifloGreywater Pump – Sanifast®SWH190WoodLunawoodInterior ThermowoodMembranesEffisusAVCL Systems for FacadesSinksCosentinoBathroom Collection – Silestone® WashbasinsDoorsStudcoPocket Door Trims – CavKitWoodStructureCraftEngineering – Architectural & FreeformMetal PanelsRHEINZINKPanel Surface Finish – prePATINA-LineHanging LampsEureka LightingSuspended Lights – BloomMetallicsBaileyFacade Systems- I-Line Snap-On Feature ChannelMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?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 stream Manufacturers: Danpal, Dulux, DVP, Salvaged Celery Products translation missing: en-US.post.svg.material_description Products used in this ProjectVentilated / Double Skin FacadeDanpalFaçade Systems Danpal®Save this picture!© Ben HoskingText description provided by the architects. The Little Big House is located upon the eastern slopes of Mount Wellington, high above Hobart. At 450 meters above sea level, set within a forested landscape, this house encounters snow in the winter months.  Save this picture!© Megan BaynesThe siting of the residence is mindful of its context; positioned close to and perpendicular to the curvilinear road.Save this picture!© Ben HoskingThe house, on a vacant lot between established houses and gardens, is defensive and diagrammatic.Tucked carefully between cadastral constraints and a magnificent birch tree, the footprint has been kept deliberately small. The dwelling is stacked across two levels which step to accommodate the undulating terrain.Save this picture!© Ben HoskingIt’s just a box. A clean volume with two exceptions; a service core and an entry air-lock. Walls, floors and ceilings in the main space are treated uniformly, in white, to create a simple light interior. The entry, kitchen and bathroom spaces are designed to be deliberately, theatrically small and are finished in black, in contrast to the larger white volume.Save this picture!Flor Plan 00Save this picture!Floor Plan 01The house is designed to be intensely private. Given the cool climate, the house has two essential strategies – to hold the heat and find the light.Apertures are purposefully positioned to create pure window types opening to either garden, sky or shadow.Save this picture!© Ben HoskingThe Little Big House is clad in vertical unfinished timber continuing traditions of local vernacular building in Southern Tasmania. The front door entry is set back and this timber remains golden in contrast to the remaining façade which has silvered with time. Each piece of timber is finished with a handmade z flashing to ensure the longevity of the façade.Polycarbonate cladding on the eastern and western facades render luminous shadow walls which enable the house to be concurrently light and contained.At ground level views are limited to that of the immediate garden to the north. Living and dining functions occur alongside an elongated strip window.Save this picture!© Ben HoskingLong views to the Southern horizon are only revealed from the mezzanine level which provides sleeping spaces.The house has three full height vents which stand ajar in the summer months providing natural cross ventilation. A wood fire provides a ceremonial hearth and heats the home.Save this picture!© Megan BaynesA small home with big volumes, the house is a bespoke building in a cool climate. Eschewing many of the traditions of Australian architecture, this house is distinctly Tasmanian.Project gallerySee allShow lessLast Call for Entries: 2018 A’ Design Awards & CompetitionOpportunitiesZechner & Zechner Create a Mixed-Use Complex Beside Peter Behrens’ Modernist IconUnbuilt Project Share CopyHouses•Wellington Park, Australia Little Big House / Room11 Architects “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/888548/little-big-house-room11-architects Clipboard Area:  160 m² Year Completion year of this architecture project Architects: Room11 Architects Area Area of this architecture project Australia Projects 2010 Photographs:  Ben Hosking, Megan Baynes Manufacturers Brands with products used in this architecture project Photographs Little Big House / Room11 ArchitectsSave this projectSaveLittle Big House / Room11 Architects Houses ArchDaily “COPY” Save this picture!© Ben Hosking+ 15Curated by María Francisca González Sharelast_img read more

Coura House / Luís Peixoto

first_imgPhotographs:  Arménio Teixeira Manufacturers Brands with products used in this architecture project Save this picture!© Arménio Teixeira+ 21Curated by Pedro Vada Share Photographs CopyHouses, Restoration•Paredes de Coura, Portugal Coura House / Luís Peixoto Area:  1291 ft² Year Completion year of this architecture project Coura House / Luís PeixotoSave this projectSaveCoura House / Luís Peixoto “COPY” Houses CopyAbout this officeLuís PeixotoOfficeFollowProductsWoodSteelStone#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRestorationParedes de CouraPortugalPublished on December 03, 2018Cite: “Coura House / Luís Peixoto” [Casa Coura / Luís Peixoto] 03 Dec 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogShowerhansgroheShowers – RainfinityGlass3MGlass Finish – FASARA™ GeometricPartitionsSkyfoldVertically Folding Operable Walls – Zenith® Premium SeriesMetal PanelsTECU®Copper Surface – Patina_VariationsBeams / PillarsLunawoodThermowood Frames and BearersMembranesEffisusFaçade Fire Weatherproofing Solutions in Design District Project LondonSkylightsVELUX CommercialModular Skylight Ridgelight in Office BuildingSwitchesJUNGLight Switch – LS PlusCurtain WallsRabel Aluminium SystemsSpider System – Rabel 15000 Super ThermalWindowspanoramah!®ah! Soft CloseWoodAustralian Sustainable Hardwoods (ASH)American Oak by ASHChairs / StoolsOKHADining Chair – BarnettMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?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 stream Architects: Luís Peixoto Area Area of this architecture projectcenter_img Manufacturers: Beker, Fama, Roriz, Sanitana, VictoriaSave this picture!© Arménio TeixeiraText description provided by the architects. The Coura project starts from the need for rehabilitation of a country house with two centuries of history, abandoned by the heirs who built new houses in the surroundings. This small scale construction, now purchased to become a holiday home, featured two floors and an original functional program consisting of an animal shelter (lower floor) and a dwelling (upper floor).Save this picture!© Arménio TeixeiraSave this picture!Section 05Save this picture!© Arménio TeixeiraThe strategy of the project is based on the idea of ​​reuse, giving continuity to the history of the house by the functional adaptation and adjustment to contemporary domestic comfort. The intervention then seeks to preserve the architectural language of the existing building, mainly using old construction techniques of stone and wood, typical of the region.Save this picture!© Arménio TeixeiraThe signs of modernity arise punctually and naturally due to the inevitable functional spaces alteration. However, the project does not pursue to omit but rather to highlight these gestures as temporal sequence of the object. The stairs – new element – consists of the maximum exponent of this intention, both for the sculptural and material quality as for the contrast of the metal with the density of the adjacent stone walls.Save this picture!© Arménio TeixeiraThe project also preserves the volumes of the building and the exterior language marked by the texture of the stone – surgically intervened – and replacement of the original wooden frames with a color that fits the local history.Save this picture!© Arménio TeixeiraProject gallerySee allShow lessBanque de France Paris La Courneuve / Jean-Paul Viguier et AssociésSelected ProjectsMO House / DFORMSelected Projects Share Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/906339/coura-house-luis-peixoto Clipboard ArchDaily Projects Portugal 2017 “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/906339/coura-house-luis-peixoto Clipboardlast_img read more

Stewardship announces acquisition of Kingdom Bank

first_img  444 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7  443 total views,  2 views today Stewardship was founded in 1906, and is dedicated to promoting Christian generosity. In addition to working with over 30,000 Christians, who through Stewardship give over £80 million each year, the charity also provides services to churches and charities to enhance their financial management and governance.Under the deal, Kingdom Bank will be managed and operated by the Bank’s board and management, who will continue in place. In recent years it has built on AOGPT’s mission to help newly formed church congregations and is now working across denominations and financing over £40m of projects that support growing churches. It is an explicitly Christian bank seeking to offer ethical banking governed by the Christian faith.Stewardship’s Chair of Trustees, Simon Blake said:“We are delighted at the opportunity to acquire Kingdom Bank with a committed group of evangelical Christian philanthropists who have agreed to invest alongside us. This partnership will give us additional firepower to invest in the Bank and strengthen its capabilities, while retaining and enhancing its distinctive Christian character. We will start by investing in the Bank’s digital capabilities to enable greater accessibility for account opening and management.” Melanie May | 18 October 2019 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 Tagged with: Finance Stewardship announces acquisition of Kingdom Bank 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. Christian charity Stewardship and Kingdom Bank have announced that, subject to approval from financial regulators PRA and FCA, Stewardship, together with a group of Christian philanthropists, is to acquire Kingdom Bank from its current owner, Assemblies of God Property Trust (AOGPT).It is hoped that this change of ownership will facilitate greater Church growth and Christian ministry through the services provided by Kingdom Bank, by giving christians, churches and charities access to a wider range of financial services and products across the two organisations.last_img read more

Mumia Abu-Jamal commentary: A crack in the wall

first_imgThis column, posted initially on prisonradio.org, first appeared on workers.org on Jan. 4, 2017.  For Dylann Roof, the next few days and weeks of his young life will prove his most memorable. That’s saying something, considering his slaughter of nine sweet souls in a Black Charleston church.Mumia Abu-JamalFor, in the next few days and weeks, a jury will convene to decide whether he gets a death sentence or life.As someone who lived a lifetime on Death Row, my opposition is unequivocal. Even in a case such as this, my opposition to the State taking life doesn’t falter. Even in this case, of a witless white supremacist, a killer of nine Black Christian souls.If I know anything, it’s Death Row. I’ve seen it drive men stark raving mad.That said, my one opinion carries no real weight in this case, for unless I miss my guess, no juror will ever hear these words. They will decide Roof’s fate after he delivers his own closing arguments, which will hardly endear him to his ­jurors.A death verdict for Roof strengthens the repressive powers of the State and gives it the false patina of “justice.” If a death sentence fails, it helps show the inherent injustice of the death penalty. It would help all the men and women on Death Row.My decision to oppose death for Roof wasn’t an easy one, but I believe it’s the right one.No matter his beliefs, decades on Death Row, as well as in solitary, are mind-frying experiences. Nothing he has experienced in his brief life can prepare him for such outcomes.For life, in prison, is no picnic.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

S&P Case-Shiller Index: Increases Across the Nation

first_img 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 Home / Daily Dose / S&P Case-Shiller Index: Increases Across the Nation Demand Propels Home Prices Upward 2 days ago S&P Dow Jones Indices released the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index today. The data accounts for July 2017 and shows that home prices continued to increase across the country over the last year.The index reported a 5.9 percent annual gain in July, a slight increase from the previous month. The 10-City Composite annual increase came in at 5.2 percent, while the 20-City Composite posted a 5.8 percent year-over-year gain.According to David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, consumers, through home buying and other spending, are the driving force in the current economic expansion.Regionally, Seattle, Washington, Portland, Oregon, and Las Vegas, Nevada reported the highest year-over-year gains among the 20 cities. According to the data, Seattle, “led the way with a 13.5 percent year-over-year price increase, followed by Portland with a 7.6 percent increase, and Las Vegas with a 7.4 percent increase.” In addition, another 12 cities had greater price increases in the year ending July 2017.“While the gains in home prices in recent months have been in the Pacific Northwest, the leadership continues to shift among regions and cities across the country,” said Blitzer. “Dallas and Denver are also experiencing rapid price growth. Las Vegas, one of the hardest hit cities in the housing collapse, saw the third fastest increase in the year through July 2017.”Blitzer continued to explain other housing indicators that will have the market dealing with confronts.“The housing market will face two contradicting challenges during the rest of 2017 and into 2018,” he said. “First, rebuilding following hurricanes across Texas, Florida, and other parts of the south will lead to further supply pressures. Second, the Fed’s recent move to shrink its balance sheet could push mortgage rates upward.”To view the full Index, click here. About Author: Nicole Casperson Share Save Tagged with: HOUSING mortgage S&P/Case-Shiller Home Price Indices Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribe Servicers Navigate the Post-Pandemic World 2 days agocenter_img S&P Case-Shiller Index: Increases Across the Nation HOUSING mortgage S&P/Case-Shiller Home Price Indices 2017-09-26 Nicole Casperson Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago September 26, 2017 1,335 Views Previous: Equifax CEO Explains Reasons for Retirement Next: The American Dream: Homeownership Still Included? The Best Markets For Residential Property Investors 2 days agolast_img read more

Breaking- COVID-19- ‘Those In Helm Of Governance Are To Be Blamed For Present Chaotic Health Problems’: Allahabad HC Imposes Lockdown In 5 Cities Till April 26

first_imgTop StoriesBreaking- COVID-19- ‘Those In Helm Of Governance Are To Be Blamed For Present Chaotic Health Problems’: Allahabad HC Imposes Lockdown In 5 Cities Till April 26 Sparsh Upadhyay19 April 2021 5:25 AMShare This – xNoting that the recent surge of pandemic COVID-19 has virtually incapacitated all medical infrastructure in the State of U.P. and especially in cities like Prayagraj, Lucknow, Varanasi, Kanpur and Gorakhpur, the Allahabad High Court on Monday (April 19) imposed Lockdown in these cities till April 26. The Bench of Justice Ajit Kumar and Justice Siddhartha Varma today…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?LoginNoting that the recent surge of pandemic COVID-19 has virtually incapacitated all medical infrastructure in the State of U.P. and especially in cities like Prayagraj, Lucknow, Varanasi, Kanpur and Gorakhpur, the Allahabad High Court on Monday (April 19) imposed Lockdown in these cities till April 26. The Bench of Justice Ajit Kumar and Justice Siddhartha Varma today observed, “Before (the Pandemic) further spirals to engulf in it the entire population of these badly hit districts, it is necessary to take some harsh steps in larger public interest.” While imposing the Lockdown, the Court did observe that putting lockdown to public activities was a matter, purely in the nature of policy decision by the concerned government, however, since no concrete plan had yet been chalked out by the Government of UP, the Court had to step in. Regarding the inaction of the State Government, the High Court said that the limitation of the government in creating infrastructure forthwith to meet the challenge of COVID-19 was understandable, however, the Court also opined that before all efforts are translated into action much water would have flown under the bridge to the utter dismay of a large population of have nots. The Court further observed, “We are of the view that in a democracy there are legitimate expectations from the government to adopt measures to meet public health issues like all other issues of public interest. Public interest expects judiciary to remain vigilant to all the issues which if not addressed to in time, will result in the failure of the system which is meant to safeguard public interest.” In a stringent remark, the Court pulled up the UP Government and said, “Those in the helm of affairs of governance are to be blamed for the present chaotic health problems and more so when there is a democracy which means a government of the people, by the people and for the people.” Further, the Court also stated that if people die of pandemic in a large number due to paucity of sufficient medical aid it would be the governments to blame which failed to counter the pandemic even after one long year of experience and learning. “One would only laugh at us that we have enough to spend on elections and very little to spend on public health”, added the Court. Lamenting at the present state of affairs, the Court also remarked, “One cannot even imagine what will happen if only 10% of the city population gets infected and needs medical help in hospitals. How the government will manage with the presently existing infrastructure is anybody’s guess.” The Court called it a shame that while the Government knew of the magnitude of the second wave it never planned things in advance. Importantly, the Court said, “You may have grocery shops with full of eatables and industries which produce bikes and cars but all this won’t be of any use if your medical shops run out of stock of life saving drugs like Remdesvire in the current surge of pandemic.” The Court also recorded its displeasure at the way government and the State Election Commission proceeded to hold election forcing teachers and other government staff to perform duties exposing themselves to the threat of pandemic that looms large these days. The police was virtually shifted to polling places giving priority to election above public health.Significantly, the Court observed,”In any civilized society, if public health system is not able to meet the challenges and people die for want of proper medication, it means there has been no proper development. Health and education go side-byside.” Court’s direction for 5 Cities Noting that public health was the top most priority and call of the moment and any complacency of any degree today would cause havoc to people, the Court remarked “We can’t shirk away from our constitutional duty to save innocent people from the pandemic which is spreading due to the negligence of a few.” Additionally, the Court also remarked, “If popular government has its own political compulsions in not checking public movements during this pandemic, we cannot remain mere passive spectators.” The Court passed the following directions in respect of cities of Prayagraj, Lucknow, Varanasi, Kanpur Nagar and Gorakhpur, and the government was directed to strictly enforce them forthwith: All establishments be it government or private, except financial institutions and financial departments, medical and health services, industrial and scientific establishments, essential services including municipal functions, and public transport, shall remain closed till 26th April, 2021;The judiciary will however, function on its own discretion; All shopping complexes and malls shall remain closed till 26th April, 2021; All grocery shops and other commercial shops excluding medical shops, with more than three workers shall remain closed till 26th April, 2021; All hotels, restaurants and even the small eating points on thelas etc. shall remain closed till 26th April, 2021; All institutions like educational institutions and other institutions relating to other disciplines and activities be it government, semi government or private shall remain closed including for their teachers and instructors and other staff till 26th April, 2021 (this direction is for the whole of Uttar Pradesh); No social functions and gatherings including marriage functions shall be permitted till 26th April, 2021. All religious activities in public of any kind is directed to remain suspended till 26th April, 2021; All religious establishments of any kind are directed to remain closed till 26th April, 2021; All hawkers including fruits and vegetable vendors, milk vendors and bread vendors, shall go off the road by 11 AM every day till 26th April, 2021; All public movements on roads would remain restricted completely, subject to above directions. Movements would be only allowed in case of medical help and emergencies. In addition to the above directions, we direct the State Government to go robust for implementing the current vaccination programme. Apart from issuing these directions, the Court, once again directed the government to consider imposition of a complete lockdown in the entire state for at least a period of two weeks. “This would not only break the chain of the spread of the virus but would also give respite to health workers”, said the Court. The matter has been posted for further hearing on 26th April 2021.Click Here To Download OrderRead OrderNext Storylast_img read more

Man due in court over Letterkenny assault

first_img Twitter Facebook News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR Important message for people attending LUH’s INR clinic Google+ Facebook A man is due before a special sitting of Letterkenny District Court shortly charged in connection with an assault in the town yesterday. The incident happened at a house in the Oldtown area shortly after 2am yesterday morning.A man who is in his 40s was arrested by Gardaí in Letterkenny yesterday morning, in connection with the assault.This man has since been charged and will appear before the district court at 11am this morning. Loganair’s new Derry – Liverpool air service takes off from CODA Homepage BannerNews Google+ Man due in court over Letterkenny assaultcenter_img Twitter DL Debate – 24/05/21 Arranmore progress and potential flagged as population grows WhatsApp By News Highland – July 3, 2020 WhatsApp Pinterest Previous articleMcConalogue to ‘relish the challenges ahead’Next articleOur Food – Ep 1 & Ep 2 News Highland Pinterest Nine til Noon Show – Listen back to Monday’s Programmelast_img read more