GM files for IPO and plots dual listing

first_img General Motors took a big step towards repaying a controversial taxpayer-funded bailout by declaring plans for a landmark stock offering that represents a critical test for the Obama administration.The car maker said it planned to list the shares on the New York Stock Exchange and the Toronto Stock Exchange in an initial public offering that comes amid a still-weak global market for cars that is vulnerable to a further downturn.The Obama administration wants to be able to cast its $50bn (£32.1bn) GM bailout as a financial success in the face of public scepticism and Republican political opposition but some analysts are still wary of the offering.GM’s IPO could be the biggest since Visa Inc’s $19.7bn March 2008 offering, and could raise up to $20bn, though analysts cautioned that its size depends on still-untested investor demand for a restructured automaker with only two consecutive quarters of profits.GM’s initial filing with U.S. securities regulators did not say how many shares would be sold or give an expected price range for the IPO.“We’re looking at a second half that is potentially weaker than the first half,” said Dennis Virag, president of Automotive Consulting Group. “That could certainly hurt the sale of the shares.”“I don’t think this is a good time to be going public,” Virag said. “It’s more political than practical.”Trading in GM shares is expected to start between late October and the U.S. Thanksgiving holiday on November 25, according to people involved in the process. A stock offering in late October would mean trading would start just before the November congressional elections.Government officials and GM executives have repeatedly denied any link with the elections.The 102-year-old onetime blue chip is expected to return to the NYSE under the “GM” ticker symbol it had before the government-funded bankruptcy.Adding a stock listing in Toronto underscores the role the governments of Canada and Ontario played as junior partners to the U.S. Treasury in keeping GM from liquidation.The long-running confidential preparations for the IPO were dubbed “Project Dawn” by the group of bankers, Treasury officials and GM executives led by Chief Financial Officer Chris Liddell.GM Chief Executive Ed Whitacre, who steps down at the start of September, has said the automaker needs to distance itself from government ownership and the label “Government Motors” to build momentum in its turnaround.“I just think that the risk of failure with the IPO is bigger than the risk of being known as Government Motors,” said Brad Coulter, a restructuring specialist at O’Keefe & Associates. Show Comments ▼ Thursday 19 August 2010 2:48 am whatsapp John Dunne Share whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndo GM files for IPO and plots dual listing Tags: NULLlast_img read more

Euro 2020 Croatia Squad- All you need to know; Fixtures &…

first_img Football Football Euro 2020- Spain vs Poland Highlights: Spain held to 1-1 draw as Lewandowski’s Poland keep Euro hopes alive Facebook Twitter Euro 2020 Croatia preview: Reaching the FIFA World Cup final in 2018 ahead of Germany and others, Croatia surprised many. The Zlatko Dalić-coached side’s dream run ended with captain Luka Modric winning the Ballon d’Or in 2018. However, since the final loss to France, Croatia haven’t hit the top form, scrapping through to the main rounds of UEFA Euro 2020.EURO 2020 Full Schedule / EURO 2020 Points Table / EURO 2020 Groups / EURO 2020 Teams / Euro 2020 Live Streaming Details / Euro 2020 Top Scorers Euro 2020, Italy vs Wales LIVE: Gareth Bale and Co face do-or-die clash; Italy eye third consecutive win; Follow Live Updates, Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR TAGSCroatia Euro 2020Croatia Euro 2020 squadCroatia Euro fixturesEuro 2020Luka Modric SHARE Euro 2020 Top Scorers: Ronaldo joins Patrik Schick at top, Lukaku remains second; Check who is leading the Euro 2020 Golden Boot race Taonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallEnjoy farming, stock up and make friends. Taonga is a whole world full of adventure!Taonga: The Island Farm|SponsoredSponsoredManly BandsShop the New MLB CollectionManly Bands|SponsoredSponsoredSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads|SponsoredSponsoredMoneyPailShe Was A Star, Now She Works In ScottsdaleNow she has a normal job.MoneyPail|SponsoredSponsoredYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsored Football Football Euro 2020, Italy vs Wales LIVE: Gareth Bale issues warning for Italy ahead of crucial fixture – Follow Live Updates Football Euro 2020 Points table: Germany secure first win, Poland keep Euro hopes alive; Check Euro 2020 latest group standings ITA vs WAL Dream11 Prediction for Euro 2020 Football Match – Fantasy Tips, Captain Choices, Playing11, 20 June Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates, Follow Live update Previous articleIndia Tour of Sri Lanka: Deep Dasgupta says Jaydev Unadkat should have been recalledNext articleIndia Tour of England: Michael Vaughan says preparing green top won’t help England tackle Team India Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. By Kunal Dhyani – June 13, 2021 Football Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Euro 2020 Croatia Squad- All you need to know; Fixtures & Schedules, full Croatia squad, Key Players, Predictions Euro 2020, Italy vs Wales: 3 key battles to watch out for in ITA vs WAL Football Football FootballUEFA Euro 2020 RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter Fantasy Football by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeManly BandsShop the New MLB CollectionManly Bandscio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comCBS NewsThese Are America’s Deadliest HighwaysCBS NewsIn the qualifying rounds, they suffered a surprising defeat to Hungary while managed a narrow win against Azerbaijan and a draw against the same opponent. The lack of goalscorers and Luka Modric’s dip in form also did not help the matter. With no Ivan Rakitic, who called it quits, the scoring will be further depleted.Also Read: Euro 2020 ENG vs CRO LIVE : Harry Kane’s England looking for revenge against Luka Modric’s Croatia, Follow live updatesAlso Read: Euro 2020, England vs Croatia: 3 key battles to watch out for in ENG vs CROAlso Read: ENG vs CRO Dream11 Match Prediction, Fantasy Tips, Starting11, Captain/Vice-Captain for UEFA Euro 2020 Football Match– ENG vs CRO Match PreviewAlso Read: Euro 2020 ENG vs CRO  LIVE: How to watch England vs Croatia LIVE streaming in your country, IndiaAlso Read: Euro 2020: All you need to know- Full schedule & fixtures, Groups, Match Timings and Live Streaming Details in IndiaCroatia in Group D of Euro 2020: Clubbed together with England, Scotland and the Czech Republic, Croatia are expected to go through to the knockouts. But it will be difficult. England, who they beat in the World Cup semifinals, have drastically improved while Scotland and the Czech Republic could surprise them and exploit Croatia’s lack of goal-scoring ability.Croatia squad for Euro 2020, Players to watch out for:Luka Modric- After guiding the Croatian team to the finals of the 2018 FIFA World Cup, Modrid will once again lead the team from the front and will play a pivotal roal in Croatia’s Euro 2020 campaign. Ivan Perišić- A pacy winger, with nimble footwork, Ivan Perisic will definited by a big threat other teams. The 32-years-old will once again shoulder the attacking workload and will need to deliver if Croatia aims to emulate their world Cup success. Ante Rebić- The dynamic AC Milan winger, who can also slot in as a second striker and capable of playing on both flanks is another Croatian who will be a sheer entertainment to watch in the upcoming European Championship.Croatia Euro 2020 Schedule:June 13: vs England, 6:30 PM at Wembley Stadium, LondonJune 18: vs Czech Republic, 9:30 AM at Hamden Park, GlasgowJune 23: vs, Scotland, 12:30 AM at Hamden Park, GlasgowAlso Read: UEFA Euro 2020: Karim Benzema returns to France squad after six-year absence amid blackmail trialCroatia Squad for Euro 2020:Goalkeepers: Dominik Livaković (Dinamo Zagreb), Lovre Kalinić (Hajduk Split), Simon Sluga (Luton)Defenders: Šime Vrsaljko (Atlético Madrid), Borna Barišić (Rangers), Duje Ćaleta-Car (Marseille), Dejan Lovren (Zenit), Josip Juranović (Legia Warszawa), Domagoj Vida (Beşiktaş), Joško Gvardiol (Leipzig), Domagoj Bradarić (LOSC Lille), Mile Škorić (Osijek)Midfielders: Mateo Kovačić (Chelsea), Luka Modrić (Real Madrid), Marcelo Brozović (Inter Milan), Milan Badelj (Genoa), Nikola Vlašić (CSKA Moskva), Mario Pašalić (Atalanta), Ivan Perišić (Inter Milan), Josip Brekalo (Wolfsburg), Mislav Oršić (Dinamo Zagreb), Luka Ivanušec (Dinamo Zagreb)Forwards: Ante Rebić (AC Milan), Bruno Petković (Dinamo Zagreb), Ante Budimir (Osasuna), Andrej Kramarić (Hoffenheim)Croatia, Euro 2020 – PredictionsCroatia are expected to finish Group D in 2nd place behind England but in the knockouts, they may not have the same edge that they had in the World Cup and will be eliminated from the quarterfinals.last_img read more

Alteo Limited ( 2019 Presentation

first_imgAlteo Limited ( listed on the Stock Exchange of Mauritius under the Energy sector has released it’s 2019 presentation For more information about Alteo Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Alteo Limited ( company page on AfricanFinancials.Document: Alteo Limited (  2019 presentation Company ProfileAlteo Limited is a holding company, which deals in cane farming, sugar milling, sugar refining, energy production, real estate and hospitality in Mauritius and regionally. The company was established in September 2017 and is headquartered in San Pierre, Mauritius. Alteo Limited is listed on the Stock Exchange of Mauritius.last_img

The easyJet share price is up 50%. Should you keep buying?

first_img See all posts by Roland Head 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. Roland Head 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. Roland Head | Friday, 29th May, 2020 | More on: EZJ The easyJet share price is up 50%. Should you keep buying? The easyJet (LSE: EZJ) share price has risen by 50% in just two weeks. Investors appear to be piling on board as the airline prepares to restart operations on 15 June.Thursday’s news of planned job cuts and fleet reductions gave the stock another boost. But with the shares rising so quickly, are they now fully priced? I’ve been taking a fresh look at the potential value of the business.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…Big changes aheadeasyJet boss Johan Lundgren says he believes passenger numbers won’t return to 2019 levels until 2023. That may be true, but I suspect he’s also using the coronavirus lockdown as an excuse to make sweeping cuts at the airline. These should help to lift easyJet’s profit margins (and share price) when market conditions improve.The number of aircraft in easyJet’s fleet will fall to 302 by the end of 2021, 15% below the previously-planned level of 353. The airline is confident its agreement with Airbus will provide the flexibility it needs to shrink its fleet.Staff face even bigger cuts. Up to 30% of the airline’s employees could lose their jobs, due to fewer aircraft and changes to working practices. Such massive cuts would be hard to push through in more normal times. But with the airline industry on its knees, I suspect Lundgren will get an easier ride from unions representing aircrew.Is the easyJet share price too low?I’ve made some rough calculations to see what I think this business might be worth in a year’s time, assuming conditions return to something like normal from October onwards.I’ve assumed the airline’s load factor (the percentage of seats sold on each flight) will fall to 85%. And I’ve guessed easyJet’s operating margin might fall slightly to 7%. I’ve also factored in a reduction in fleet size from the numbers reported for 2018/19 (the latest available).On this basis, I estimate easyJet could generate revenue of about £5bn over the 12 months from 1 October. This could give an after-tax profit of around £280m, or earnings per share of about 70p.Funnily enough, my estimates are pretty close to the latest City forecasts, which suggest an after-tax profit of £304m and earnings per share of 66p in 2020/21.At the last-seen easyJet share price of 720p, these forecasts value its shares at around 11 times 2020/21 forecast earnings. Should we be buying?Buy, sell, or hold?In general, a price/earnings ratio of 11 would suggest decent value. But I think there are a few reasons to be cautious at this time.Firstly, easyJet is likely to emerge from this crisis with a significant amount of extra debt. The company has secured £2bn of extra borrowing to see it through the pandemic, although we don’t know how much of this will be needed. Management also plans to sell and leaseback some aircraft, adding to future leasing payments. Secondly, we don’t know how quickly flying schedules and passenger numbers will return to normal.At a share price of 500p, I thought easyJet shares were probably cheap. Two weeks later, at about 720p, I think the stock looks fully priced.As a long-term investor, I’d continue to hold easyJet stock at current levels. But I wouldn’t buy more right now. Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997”center_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. 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.last_img read more

Prairie House / NatureHumaine

first_img “COPY” Projects Photographs:  Adrien Williams Manufacturers Brands with products used in this architecture project Architects: NatureHumaine Area Area of this architecture project CopyAbout this officeNatureHumaineOfficeFollowProductsSteelStoneBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRenovationSaint-LambertCanadaPublished on January 19, 2018Cite: “Prairie House / NatureHumaine” 19 Jan 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 Canada ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Manufacturers: Lapitec®, Artemide Area:  240 m² Year Completion year of this architecture project Prairie House / NatureHumaine Houses CopyHouses, Renovation•Saint-Lambert, Canadacenter_img ShareFacebookTwitterPinterestWhatsappMailOr Clipboard “COPY” 2017 Photographs Structural Engineer: Geniex General Contractor:Nicolas DeslauriersIntervention:Complete Transformation & ExtensionCity:Saint-LambertCountry:CanadaMore SpecsLess SpecsSave this picture!© Adrien WilliamsRecommended ProductsWoodBruagBalcony BalustradesWoodParklex International S.L.Wood cladding – FacadeFiber Cements / CementsApavisaTiles – Nanofusion 7.0WindowsKalwall®Facades – Window ReplacementsText description provided by the architects. Following the acquisition of a single-storey house from the 1950s in St-Lambert, the client wished to expand and renovate this “Prairie house” inspired building.Save this picture!© Adrien WilliamsThe existing house is partly demolished and rebuilt by reinterpreting features in a contemporary way such as a low and elongated profile, a overhanging roof and the use of masonry and wood on the facades. The roof is covered with finished steel zinc, while facades are composed with St-Marc limestone and insertions of panels in slats of cedar. The monolithic fireplace stands out as the main element which is a continuation between the internal living spaces and the garden. Save this picture!© Adrien WilliamsResponding to client’s desire to create spacious and bright living spaces, the ground floor layout includes minimally a single bedroom adjoining a study and full bathroom. Conceived with transparency and lightness, the living spaces are surmounted by a 16-foot sloping ceiling at its highest point. In the idea of inducing a visual fluidity, the vestibule is delimited by glass panels contained within white painted steel frames.Save this picture!© Adrien WilliamsProject gallerySee allShow lessZaha Hadid Architects Unveil Mixed-Use Public Square Scheme for Vauxhall Cross Islan…Unbuilt ProjectThe Renovation of Louis Kahn’s Yale University Art Center: A Significant Moment for …Articles Share ArchDaily Prairie House / NatureHumaineSave this projectSavePrairie House / NatureHumaineSave this picture!© Adrien Williams+ 17Curated by Fernanda Castro Share Year: last_img read more

Risbakken Small Town House / Hoem + Folstad Arkitekter

first_imgRisbakken Small Town House / Hoem + Folstad ArkitekterSave this projectSaveRisbakken Small Town House / Hoem + Folstad Arkitekter Save this picture!© Knut Folstad+ 23Curated by Paula Pintos Share Houses ShareFacebookTwitterPinterestWhatsappMailOr Clipboard ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Photographs:  Knut Folstad Manufacturers Brands with products used in this architecture project CopyHouses, Houses Interiors•Stavanger, Norway Projects “COPY” Architects: Hoem + Folstad Arkitekter Area Area of this architecture project Risbakken Small Town House / Hoem + Folstad Arkitektercenter_img Year:  Photographs 2018 Norway ArchDaily “COPY” Area:  40 m² Year Completion year of this architecture project Manufacturers: Dinesen, Meling, Prolicht, Vitra, Made by woodClients:Nina KnudsenCity:StavangerCountry:NorwayMore SpecsLess SpecsSave this picture!© Knut FolstadRecommended ProductsWoodBruagBalcony BalustradesWoodSculptformTimber Click-on BattensMetallicsTECU®Copper Surface – Classic CoatedDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalText description provided by the architects. Renovation and extension of 150 years old timber house in the center of Stavanger city. The timber walls were preserved, even though they once had been charred by fire. The burned surface is retained to give character to the interiors. The architect-designed genuine moldings for the house.Save this picture!© Knut FolstadThis was done to reinforce the history of the house as an important part of the decor. Brand new roof construction in solid pine. The kitchen and living room is floored with solid pine from Dinesen. Kitchen décor performed by Vågane Viste.Save this picture!© Knut FolstadSave this picture!SectionsSave this picture!© Knut FolstadInner walls, wardrobes and kitchen décor are covered with teak plywood. All timber walls have got extra insulation, new historic windows and pinewood planks on the outside. Excellent carpentry work by HøieUeland.Save this picture!© Knut FolstadProject gallerySee allShow lessHope Dental Center: Rwanda Clinic and Training InstituteBuilt Projects & MasterplansKevin Daly Architects and PRODUCTORA to Design the New Houston Endowment Headquarter…Architecture News Share CopyAbout this officeHoem + Folstad ArkitekterOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesInterior DesignResidential InteriorsHouse InteriorsStavangerOn FacebookNorwayPublished on November 07, 2019Cite: “Risbakken Small Town House / Hoem + Folstad Arkitekter” 07 Nov 2019. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialMetal PanelsDri-DesignMetal Panels – CopperIn architectureSikaBuilding Envelope SystemsExterior DeckingLunawoodThermowood DeckingMembranesEffisusFaçade Protection – Breather+Metal PanelsPure + FreeFormCustom Metal Cladding – Legacy Fund 1 BuildingWood Boards / HPL PanelsInvestwoodWood Fiber Partition Walls – ValchromatDoorsLinvisibileLinvisibile FILO 10 Vertical Pivot Door | BrezzaSkylightsFAKROEnergy-efficient roof window FTT ThermoToilets / BidetsBritexToilets – Accessible Centurion PanMore products »Save想阅读文章的中文版本吗?斯塔万格住宅,焚木、新木与白的结合 / Hoem + Folstad Arkitekter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

New Chief Executive at NCH

first_img Tagged with: Management Recruitment / people  23 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 New Chief Executive at NCH Clare Tickell is to join children’s charity NCH as Chief Executive.She joins the charity from Stonham Housing Association, one of the largest specialist housing associations in England. Previous roles have included Director of Riverpoint Single Homeless Association and Deputy Director of Centrepoint.On her appointment she expressed her commitment to supporting NCH’s fundraising, in particular its corporate fundraising. “I am very excited at the prospect of working with one of the UK’s premier children’s charities,” she said. “NCH currently receives generous support from a range of companies, including Norwich Union, EDF Energy, Virgin Retail, TK Maxx, Ernst and Young, ABN Amro, Nectar and Daewoo. I see my role as strengthening our partnerships with these organisations. They are fundamental to ensuring that NCH can continue to provide services for children, young people and families in need, for generations to come.” Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Howard Lake | 26 July 2004 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more

While the stock market is booming, jobs report hides hunger

first_imgGetting enough food was hard for people working low-wage jobs before the pandemic. Now it’s harder, given the huge increase in unemployment — 29 million jobless workers now live off meager unemployment insurance. Millions without work are getting nothing, and more than 50 million people are “food insecure,” meaning they lack adequate food to live active, healthy lives.Greater Boston Food Bank protests outside Massachusetts state house, September 2019. A year later, the crisis of hunger is much greater. Credit: Greater Boston Food BankDespite this grim news for the working class, the stock market has boomed to nearly record heights, which gives a false picture of a vibrant economy, as did the report that the U.S. economy added 1.4 million jobs in August.Income loss means hunger spreadsBased on Census Bureau and other government data, the organization Feeding America estimates that as many as 54 million people in the U.S. are food insecure, up from 37 million in 2018. ( It estimates the number of children separately, because in a significant number of families the adults go without food so the kids will get enough to eat. At least 14 million children in the United States are “food insecure.”A Brookings Institute study (July 9) estimates that unemployment is responsible for about 65% of food insecurity. From the pictures displayed when you search Google for images of hunger in the U.S., many of the hungry are Black or Latinx.Before the pandemic swelled the need for food, the U.S. Department of Agriculture had 15 nutrition assistance programs in 2019: The Supplemental Nutrition Assistance Program (SNAP) provided food monthly to 35.7 million people; the school lunch program provided lunch every school day to 29.4 million children; and the Women, Infants, and Children (WIC program) provided food assistance to 7.3 million people. ( U.S. government’s $92 billion in 2019 in food assistance was by no means enough. About one out of seven U.S. families uses food banks to supply some of their food. The Houston Food Bank estimated that 1.1 million people in the 17 counties around Houston in its service area were food insecure in 2019. During the pandemic, this grew to 2.45 million people. Private food banks and pantries exist in almost every part of the United States.Some 5,000 Meals on Wheels programs supplied 7 million seniors with hot meals.  Seniors are especially vulnerable to food insecurity. Due to the threat of COVID-19, many seniors are forced to rely on food delivery services, which are expensive and offer limited selections.Report of job gains deceptiveIn the August job numbers, a big part of the job gain was hiring short-term Census workers. The reports of the official unemployment rate falling and the Federal Reserve keeping interest rates low helped to pump up the stock market.This official unemployment rate, known as the U-3 rate, which the Bureau of Labor Statistics reports monthly, often hides real, negative developments in the economy. Nevertheless, it gets all the headlines and attention from politicians. They often use this rate to justify expanding or contracting all sorts of benefits.For August 2020, the U-3 rate was 8.4%, which was a significant improvement from July, when it was 10.2%. The BLS publishes other rates, often ignored in the media, which reveal more about problems with unemployment.For example, if workers have had their hours cut or have stopped looking for a job because they know none are available near where they live, this is excluded from the U-3 rate. The BLS reports an alternate figure that reflects these other kinds of job losses, called the U-6 rate, which currently is 14.2%.The 7 million jobs gained since the spring lockdown ended fell far short of restoring the 22 million jobs that the U.S. economy lost in March and April. And in the last week of August, 880,000 workers filed for state unemployment insurance, and 790,000 filed for the separate federal Pandemic unemployment insurance.Nearly one out of every five of the 160 million workers in the U.S. labor force have been collecting unemployment compensation — that is one out of every five workers! Tens of thousands exhaust benefits every week.The number of these claims and other data on retail sales indicate that the boost to the economy from March’s CARES-1 benefits package — that ended on July 31 — is drying up. This threatens more economic decline and more hunger.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

China: RSF and NGO coalition demand release of citizen-journalist, jailed for life

first_img January 15, 2019 China: RSF and NGO coalition demand release of citizen-journalist, jailed for life June 2, 2021 Find out more News Receive email alerts News RSF_en Reporters Without Borders (RSF) and several human rights organizations demand the immediate release of citizen-journalist Ilham Tohti, who has been held in Chinese custody for five years and sentenced to life imprisonment for “separatism”. News to go further Related documents 2019-01-15 Civil society calls on China to immediately release uyghur professor Ilham Tohti five years after his arrest.pdf PDF – 117.72 KB ChinaAsia – Pacific Condemning abuses ImprisonedCitizen-journalists News Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes March 12, 2021 Find out more Help by sharing this information China: Political commentator sentenced to eight months in prison China’s Cyber ​​Censorship Figures In a letter published today, Reporters Without Borders (RSF) and a coalition of human rights organizations call on Beijing to immediately release Uyghur-born citizen-journalist, Ilham Tohti, 49, a former economics professor in Central University of Nationalities, Beijing.Exactly five years ago, on January 15, 2014, the Chinese authorities closed Uighur Online (Uighurbiz) and arrested its founder Ilham Tohti and other collaborators. A few months later, after a closed trial, the Urumqi District Court (Xinjiang, West) sentenced Tohti to life imprisonment on charges of “separatism”.The collective is made up of the following associations: Amnesty International, ChinaChange, CSW, Free Tibet, Frontline Defenders, Ilham Tohti Initiative, International Campaign for Tibet, International Tibet Network, PEN International, Reporters Without Borders, Scholars at Risk, Society for Threatened Peoples, Taiwan Association for Human Rights, Tibet Initiative Deutschland, Tibet Justice Center, Tibet Watch, Unrepresented, Nations and Peoples Organization, Uyghur Human Rights Project and World Uyghur Congress.China is the largest prison in the world for journalists, with more than 60 of them behind bars. In the 2018 World Press Freedom Index published by RSF, the country stagnates at 176th place out of 180.See the joint letter in full below PHOTO: FREDERIC J. BROWN / AFP April 27, 2021 Find out more ChinaAsia – Pacific Condemning abuses ImprisonedCitizen-journalists Follow the news on China Organisation last_img read more

Prisoners Too Are Having Human Rights: Allahabad High Court Directs UP Govt. To Improve Condition Of Basti District Jail

first_imgNews UpdatesPrisoners Too Are Having Human Rights: Allahabad High Court Directs UP Govt. To Improve Condition Of Basti District Jail Sparsh Upadhyay14 Nov 2020 6:28 AMShare This – xPerusing a report filed by Secretary, District Legal Services Authority, Basti pertaining to the inspection of District Jail, Basti, the Allahabad High Court on Wednesday (11th November) directed the State Government to take appropriate and remedial action to improve the condition of the Basti district jail.The Bench of Chief Justice Govind Mathur and Justice Shashi Kant Gupta observed,”On…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?LoginPerusing a report filed by Secretary, District Legal Services Authority, Basti pertaining to the inspection of District Jail, Basti, the Allahabad High Court on Wednesday (11th November) directed the State Government to take appropriate and remedial action to improve the condition of the Basti district jail.The Bench of Chief Justice Govind Mathur and Justice Shashi Kant Gupta observed,”On going through the report, it appears that in District Jail, Basti beside over-lodging of prisoners beyond its capacity several other deficiencies are existing.”BackgroundA report from Vinay Kumar Jaiswal, Secretary, District Legal Services Authority, Basti pertaining to his inspection of District Jail, Basti was received by the Administrative Judge, District Judgeship, Basti.The Administrative Judge forwarded the same to the Chief Justice for necessary action. The Chief Justice, in his administrative functioning, considered it appropriate to place the report before the Bench having roster to hear public interest litigation.The ReportIn the detailed report, the Secretary, District Legal Services Authority, Basti noticed lack of hygiene, cleanliness, medical facility, infrastructural issues and the issues relating to vocational training.It was also stated that the parole applications submitted by the inmates too, take much time in their disposal. No library facility is available at the prison and no material is made available for executing literacy and education programs.It was also submitted that one teacher is certainly posted there, but he is not usually attending the prison. Most of the CCTV cameras are also non-functional.As per the averments contained in the report, the prisoners suffering from corona virus infection are kept in a separate building, but no coronavirus protocol is adhered to within the Jail premisesCourt’s ObservationsThe Court, in its order, stated,”Suffice to state that in globally accepted criminal jurisprudence, the doctrine of deterrent punishment is leaving space for reformative theory. In our country, we have accepted a mixed formula, i.e., of deterrent punishment and reformation of criminal in prisons which are nowadays known as reformatories.”The Court further opined,”It is also well settled that the prisoners too are having human-rights and whatever requirements noticed in the report are nothing, but essential ingredients to ensure application of the rights aforesaid.”In view of it, the Court called upon the State to respond to the report and also to take all necessary steps to satisfy the deficiencies so pointed out. The Court ordered that the appropriate and remedial actions be taken forthwith.The petition for writ has been directed to be listed on 25th November, 2020 as a fresh case.Notably, the Delhi High Court on Monday (09th November) directed the Principal District & Sessions Judge (HQs.) to depute a Judicial Officer to visit a detention centre located in Delhi and inspect the same with respect to the conditions prevailing there.Case title – In re : Reference to the condition of District Jail, Basti.Click here to download the OrderNext Storylast_img read more