Wednesday 25 August 2010 9:01 pm KCS-content ENDING the regulatory dividing line between a bank’s trading and core books would price risk better and help avoid public bailouts sparked by the financial crisis, the markets watchdog said yesterday.The Financial Services Authority unveiled a 126-page discussion paper looking at approaches to tightening up the rules, that would prevent banks from exploiting differences in the amount of capital they must hold against losses in their trading and banking books. Paul Sharma, FSA director of prudential policy, said: “The financial crisis has highlighted that, for trading activities in particular, an over-reliance on the principles of efficient financial markets can lead to severe consequences when risks are misunderstood.” whatsapp Tags: NULL Share Show Comments ▼ whatsapp FSA says banking trading warrants tougher action More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPuffer fish snaps a selfie with lucky divernypost.comWhy people are finding dryer sheets in their mailboxesnypost.com
Thursday 7 April 2011 5:41 am Show Comments ▼ Carpetright issues another profit alert Carpetright, Britain’s biggest floor covering retailer, warned on profits for the second time in as many months, as shoppers hold back on expensive purchases amid rising bills and government cuts.The group, which trades from around 700 stores in Britain, Ireland, the Netherlands and Belgium, said profit before tax and one-off items for the year ended 30 April would be broadly in line with 2008/9’s figure of £17.2m. It had said in February it expected profits to be above that level, but below 2009/10’s £28.2m. A string of British retailers inluding household goods group Home Retail, electricals retailer Dixons, mother and baby products chain Mothercare and music to books group HMV have warned on profits in recent weeks.Bellwether group Marks & Spencer (MKS.L) said on Wednesday it was benefiting as shoppers cut back on major purchases, but still allow themselves “affordable treats.” Carpetright said it would issue its normal year-end trading update on April 27. whatsapp Share whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULL John Dunne
When you think of rugby kit, you think of Canterbury. The brand is synonymous with rugby. So when they release new kit we take notice The LARGE size came up a bit smaller than I expected (something to bear in mind if you’re a front-five forward) but the low-profile dipped collar is a good fit around the neck.Ideal for your midweek gym sessions.Available at Canterbury.comRRP £28VAPODRI WOVEN SHORTThe shorts also use the VapoDri technology, which wicks away moisture and boosts the evaporation of sweat. They are a very comfortable pair of shorts; the LARGE size fits around the waist as I would expect and with the vented seem there is plenty of room for a larger thigh.However, the lightweight material and vented seam do not lend themselves to contact rugby training, and I would imagine if you were to break through a gap only to be scragged by the short, the material wouldn’t offer much resistance.The zipped pocket on the bum is convenient for a gym membership card or your bank card and like the other items in this collection they dry very quickly, extending your wear to wash ratio. They also have an inner brief so could be used lounging around the pool on tour or for training at the beach.Ideal for the gym and your summer touch sessions. Not appropriate for contact sessions. All of the products in this latest range from Canterbury feature their VapoDri technology, which they claim is a blend of materials with advanced wicking properties. This means that during a hard training session evaporation of sweat is boosted, allowing the garments to dry extremely quickly, which makes them perfect for reusing, and allowing the user to train harder for longer.>> A Guide to Rugby Strength and ConditioningWith each product is a ‘buy now’ link. If you click on this then we may receive a small amount of money from the retailer when you purchase the item. This doesn’t affect the amount you pay.VAPODRI FIRST LAYERThe First Layer Training Top has been carefully crafted to give optimum shaping for flexibility and comfort. This is where I think the VapoDri technology comes into its own, because the quick drying characteristics mean it keeps you warm during and post-session but you don’t overheat quickly when you start your workout. You also get that reduced wash-to-wear time – ideal for busy training schedules and daily workouts.Try to avoid a cotton layer on top because this will just collect the moisture the VapoDri wicks away from your body.The LARGE size came up slightly bigger than I expected, especially when compared with the T-Shirt, especially if you like a snug fit.The quarter zip comes down quite low which gives you added temperature control and is finished with a zip guard so when it is zipped under the chin there is no aggravation.Ideal of winter training and evening gym sessionsAvailable at Canterbury.comRRP: £32VAPODRI+ DRILL T-SHIRTThis new T-shirt from Canterbury is also made with the VapoDri adaptive technology, as mentioned, which reacts to your changing body temperature, keeping you cool and dry. It is a very comfortable, lightweight fit, it comes with a dropped hem on the back to stop the tee rising up, and has side seams skewed to the front to assist ease of movement during your workout. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Available at Canterbury.comRRP £23Remember to follow Rugby World on Facebook, Twitter and Instagram.
Follow the journey of Dyneal Fessal. By Ali Stokes The masters student now has his heart set on working with young players within rugby, providing them with the support required to deal with the emotional stresses of high-level sports.“I saw what the pressures of sports did to me along the way,” Fessal tells us. “There are others out there that went through the same thing. They don’t have that same support. It would be great to help them.”In addition to coaches Hurst and Foncette, Fessal credits his late grandmother, Adeline Campbell, for his path into the Jamaican set-up, having fully immersed him in his Jamaican heritage during his first ten years in England. Tackle hard: Jamaica must be physical against France on FridayAfter impressing during his time under Hurst, Fessal was put forward for a spot in the England Academy set-up, but was overlooked.“It all happened really fast.” Fessal explains. “Last year was probably my best season playing sevens and my coach (Hurst) wanted to put me forward for the England Academy. From there, I think they might have been looking for someone else, someone younger. I’m 26 now but I was 25 at the time,” he continued, “From there, I got in touch with Wayne Foncette, who’s in charge of Racing Sevens. He had connections with the Jamaican Head Coach. From there it was just a bit mad.”Related: Rugby posts go up at home of San Francisco GiantsFessal was thrust into the national set-up, linking up with the UK- and Jamaica-based playing staff during training camps and tournaments. However, this was not the first time he had appeared in front of thousands of keenly observant viewers. During his time at college, Fessal was a contestant on ITV’s Take Me Out.“A friend at college brought it up” Fessal says. “You know when you’re young and you think: ‘whatever, just do it’? I put that down to life experience. One big experience.”Winning over the hearts of contestants and fans alike with a showbiz smile, American accent and salsa dancing skills, he went on to feature on various ‘After The Show’ programmes before parting ways with the hit TV programme and focusing on his education and rugby career. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Fessal heads to San Francisco keen to play his rugby for the sheer joy of the game after experiencing first hand the kind of stresses that pressure to perform can exert, ready to embrace the next set of opportunities along the way.Rugby World’s Sevens World Cup coverage in association with Tudor Watch Sevens World Cup: From Reality TV To Jamaican Rugby StarWe all cherish tales of athletes rising from grass-roots to international stardom. But few stories stray as far from the trodden path as that of current Jamaica Sevens international, Dyneal Fessal.Fessal has the type of infectious, bubbly attitude that could whip up a frenzy from even the most solemn of crowds. He has trained under Olympic gold medal winners, starred in the hit ITV series Take Me Out and will take his bow at the Sevens Rugby World Cup later this week.The 26-year-old is due to fly out to San Francisco later today with the aim of starting the biggest tournament of his rugby career with a bang. Qualifying for Jamaica through his grandmother, Fessal spent the majority of his sporting upbringing in America, after heading across the Atlantic Ocean at the age of ten.Related: Olympic sprinter to represent Jamaica“I was born in England but my parents decided to start their own business in America,” Fessal tells Rugby World. “I wasn’t going to say no to basically living right next to Disney World! It’s weird how things have worked out, I wouldn’t have even thought I’d be in this sort of position now. Never.”Now 26 and studying for his masters in sports psychology at Brunel University, the Jamaican prop/centre did not take to rugby until he was 19, having spent the previous few years being trained as a 400-metre runner by former 1992 Olympic gold medal winner, Dennis Mitchell. Fessal decided not to pursue athletics once he returned to England, concerned that without the presence of a coach of Mitchell’s quality, he would struggle to make it to the top of the sport.After signing up for a sports science course at Warwickshire College, Fessal decided to make his transition to an immersive team game. At 6ft 5in, 116kg and with the pace of a trained sprinter, the teenage Fessal made for an imposing presence on the wing and was shortly picked up on as an emerging talent, fast-tracked to the county set-up with less than a season under his belt.However, after a few seasons at Henley Hawks, he fell out of love for the 15-man game and was introduced to the seven-man code.“I joined when they (Henley) were relegated to National Two.” He says. “I think that’s around the time I stopped enjoying playing 15s. Then the coach asked if I had tried sevens, and ever since then, I can’t not play it. I just love playing sevens.“I started playing properly with Apache Sevens, in Maidenhead,” he continues. “The coach there, Adam Hurst, is a phenomenal coach. He knows what he’s talking about and for where I was at the time with my rugby, he knew what to say and how to push me to get the best out of me. I think that’s where it really started to pick up.“I still play for them whenever I’m not playing for Jamaica. I love that club, it’s amazing. I just have the best fun.” Croc star: Dyneal Fessel will wear Jamaica’s colours in San Francicso
“COPY” Save this picture!© Jesper Ray+ 25 Share Area: 156 m² Area: 156 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/546550/the-maintenance-free-house-arkitema-architects Clipboard Architects: Arkitema Architects Area Area of this architecture project Denmark Year: 2013 Year: The Maintenance-Free House / Arkitema ArchitectsSave this projectSaveThe Maintenance-Free House / Arkitema Architects ArchDaily photographs: Jesper Ray, Helene Høyer MikkelsenPhotographs: Jesper Ray, Helene Høyer MikkelsenDeveloper:Realdania Byg A/SEngineer:Sloth MøllerContractor:Enemærke & Petersen A/SConsultant:The Danish Technological Institute, Masonry, Building And ConstructionKnowledge Partners:Danish Building Research Institute (Aalborg University)City:NyborgCountry:DenmarkMore SpecsLess SpecsSave this picture!© Helene Høyer MikkelsenText description provided by the architects. The Maintenance-Free House (New Materials) is part of a large development project: The MiniCO2 Houses. The project involves a total of six detached houses, each of which illustrates various aspects of reducing CO2 emissions in the construction, use and maintenance of a house.Save this picture!© Jesper RayThe Maintenance-Free House focuses on “maintenance and service life” and examines how much CO2 can be saved when a house is built to have a service life of at least 150 years, and the building envelope needs no maintenance for the first 50 years of that service life. House A has been constructed using traditional materials, which have proved their long service life, and House B – described here – has been constructed using new materials, which are expected to have a long service life.Save this picture!RenderMaintenance-Free House B has been constructed as a long house with a covered east-facing entrance located exactly in the centre of the building’s longitudinal side and a 40-degree pitched roof. The interior of the house has been designed as a wooden “box”: one large continuous room with open beams and furnished with low closed boxes. Daylight enters through the four skylights, from the entrance area, from the full-height windows and doorways in the end walls, and from an approx. 10-meter long glass section. “COPY” The Maintenance-Free House / Arkitema Architects CopyHouses•Nyborg, Denmark CopyAbout this officeArkitema ArchitectsOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesNyborgHousesDenmarkPublished on September 16, 2014Cite: “The Maintenance-Free House / Arkitema Architects” 16 Sep 2014. ArchDaily. Accessed 11 Jun 2021.
Global children’s charity UNICEF has used Experian’s home shopping data pooling product Club Canvasse, to select lapsed catalogue customers for re-activation.UNICEF has embarked on a campaign to reactivate lapsed home shopping customers in the run up to Christmas. UNICEF is one of the first members of Club Canvasse, the database of pooled transactional information on home shopping customers from Experian, to utilise this new reactivation service. This data allows UNICEF to target past customers who are still using the home shopping medium from other suppliers, and screen out those who have not used it for a while. The reactivation campaign involves sending over one million catalogues to home shopping customers who are encouraged to buy via the phone or online. UNICEF is primarily targeting ABC1 females and expects that it will lift response rates “by at least 25%.” Advertisement Howard Lake | 16 October 2003 | News UNICEF uses Experian home shopping data to reactivate catalogue customers As a Club Canvasse member for over two years, UNICEF has access to over seven million active home shopping buyers from 140 home shopping members. The recent addition of the Club Canvasse reactivation service has enabled UNICEF to validate all its dormant buyers against the Club Canvasse multi-buyer pool, to assess if there have been any known transactions with other members.This analysis provides UNICEF with an instant snapshot of the home shopping transactional history for its dormant customers, highlighting those individuals who continue to use the home shopping medium but have not recently purchased from UNICEF. Another feature of the service is the ability to carry out retrospective analysis of past marketing campaigns to demonstrate the cost savings that could have been achieved through the use of the reactivation service. For UNICEF, this analysis revealed that using the new service would yield an impressive reduction in cost per acquisition.Paula Boulanger, Direct Marketing Manager for UNICEF, explained: “Reactivating lapsed customers is far more cost-effective than recruiting new ones. This service from Experian gives us an unprecedented insight into the purchasing behaviour of our lapsed customers, so that we can best assess our opportunity for reactivation.“The service has the advantage that we can derive key recency, frequency and monetary value reports on lapsed customers. If, from these reports, we see that a lapsed customer continues to value the home shopping medium, and is regularly purchasing, then we may decide to mail these individuals. On the other hand, the report may reveal that our lapsed customer has not transacted with other Club Canvasse members, and we can make a decision on whether to exclude them from future mailings.” Tagged with: Consulting & Agencies Individual giving Technology Trading About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 22 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
Members of the FMLN guerrilla army pose with the flag of the movement.By a 4 to 1 vote, the Supreme Court of El Salvador repealed an Amnesty Law that they stated was “unconstitutional.” This July 13 decision argued that repealing the law would put closure to the civil war that lasted from 1980 to 1992 and claimed 75,000 lives, including 8,000 “disappeared,” from the country’s 5 million people.The roots of this issue stem from Jan. 16, 1992, when, after 20 months of intense negotiations, the government of El Salvador and the Farabundo Marti National Liberation Front (FMLN) signed the Chapultepec Peace Accords in Mexico City, to be monitored and enforced by the United Nations.The parties agreed to cease the armed conflict and establish a U.N.-appointed “Truth Commission” to investigate crimes committed during the war.The commission found that human rights violations, which resulted in the deaths and torture of combatants as well as civilians, were caused by Salvadoran armed forces and paramilitary “death squads.” Washington gave financial, military and political support to these criminals.The right-wing Nationalist Republican Alliance (ARENA) governed El Salvador from 1989 until 2009. The FMLN, which led the liberation struggle, became an electoral political party after the peace accords. The FMLN won national elections in 2009, and has since governed El Salvador, which remains a capitalist country.The Supreme Court ruling has generated suspicion among both civilians and the left, since many believe that the repeal of the law could be misused to carry out a witch-hunt on former FMLN combatants. El Salvador’s President Sanchez Ceren, who was a guerrilla commander of the FMLN during the war, said the court decision “does not address the real and current problems of the country, and far from helping to resolve day-to-day problems of Salvadorans, the court ruling can aggravate them.” (Reuters, July 16)U.S. funds, trains death squadsWhatever hand committed the actual torture and murder, responsibility for the crimes lies on the doorstep of U.S. imperialism, which has been the dominant military and economic power in Central America since the late 1800s.The local ruling class, a criollo (people of Spanish descent) minority that was maybe 2 percent of the population, owned 90 percent of the agrarian economy and supplied U.S. imperialism mainly with coffee. The vast majority of Indigenous peasants lived in a state of starvation and impoverishment.In 1932, Augustín Farabundo Martí, who was in the Communist Party of El Salvador, led an uprising that was brutally suppressed by the ruling elite and its military. He and other leaders were executed, and 40,000 Amerindians were killed.The resistance reemerged in the late 1970s and early 1980s with strikes by workers and students and protests by peasants. Fearing the guerrilla-led revolution would liberate El Salvador as it did Nicaragua in 1979, U.S. imperialism — with support starting under the Democratic Jimmy Carter administration and continuing through Republicans Ronald Reagan and George H.W. Bush — provided weapons and training to the Salvadoran Armed Forces and the paramilitary death squads.According to author William Blum in “Human Rights, Washington Style”: “The CIA and the U.S. military played an essential role in the conception and organization of the security agencies from which the death squads emanated. CIA surveillance programs routinely supplied these agencies with the information on and the whereabouts of various individuals [who became] death squad victims.”U.S. military assistance to El Salvador topped $5 billion between 1978 and 1992. Any illusion about a “peaceful transition” to a reform-minded Salvadoran government was soon discarded after a series of atrocities and war crimes by the Salvadoran regime, a few of which are listed here:• Major Roberto D’Abuisson, founder of both the ARENA party and a U.S.-trained intelligence officer, masterminded the assassination of Archbishop Oscar Romero on March 24, 1980, the day after he called upon Salvadoran soldiers not to follow orders and kill civilians. D’Abuisson was never arrested because of “legislative immunity.”• The National Guard, along with the paramilitary Democratic Nationalist Organization (ORDEN), carried out a massacre of Salvadoran peasants at the Sumpul River on May 14, 1980, which killed 600, mostly women and children. (Report of the U.N. Truth Commission, April 1, 1993)• The El Mozote massacre: In three days in January 1981, 1,000 people, almost the whole population of the town, were killed. A monument to the victims now stands in the town plaza. U.S. Special Forces trained and equipped the dreaded Atlacatl Battalion, which was responsible for the massacre.• The Salvadoran Army First Brigade, which had U.S. advisers, carried out assassinations of 74 “dissidents” between April and July of 1989. (Blum)The list goes on and on, but the point is that U.S. imperialism, no matter how it pretends to be a defender of human rights, supports and arms some of the biggest war criminals in the world, besides directly committing war crimes as it has in Yugoslavia, Iraq, Afghanistan, Libya and Syria.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this Chanting “Pay the workers what you owe them, wage theft is a crime,” more than 60 activists turned out on May Day for a protest at TYS Laundromat in East Harlem to support Laundry Workers Center members. TYS owes the workers at least $200,000 in back pay and $400,000 in damages, but continues to try to pay them less and then fire them afterwards.“We are here on this special day — May Day, the workers’ day — to protest bad employers and owners. Thanks to all of you who are here to support our struggle,” said TYS worker Nicolas Benitez. He was cheered by protesters carrying signs reading, “End wage theft NOW! Wage theft is a crime,” “Safe & healthy conditions are the law,” “Respect the workers. No more physical abuse,” and “No walls in the workers’ struggle.”LWC organizer Mahoma Lopez said, “This employer has refused to pay the money owed to the workers. We are also concerned about the unsafe working conditions and exposure to chemicals that may make workers sick later. We are here today to let the TYS workers know they are not alone.”“The laundry workers are mainly women of color, of Asian, African and Caribbean descent,” said LWC organizer Rosanna Rodriguez. “We need a structure change in the laundry industry–to change the conditions of these precarious workers so they can have a better life.” Other rally speakers echoed that theme.Suzanne Adely of the Food Chain Workers Alliance spoke on behalf of 33 workers’ centers of farm, poultry, warehouse, cleaners and other food-industry workers in the U.S. and around the world. “The LWC models how to build workers’ power in East Harlem,” she said.“We have to fight the class struggle every day. There are no walls in the workers’ struggle, here and around the world,” said Larry Holmes of the NYC Peoples Power Assembly. “LWC members are heroes of the working class because they have shown us that, whether at laundries or restaurants or other workplaces, the workers will do what they need to do to fight back. And we need to support them.” He urged everyone to sign the International Workers’ Solidarity Network call at workersolidarity.net for a “May Day every month.”Also addressing the rally were the Street Vendor Project, fighting for permits and to stop police harassment; Families United for Freedom, representing non-U.S. citizens fighting against detention and deportation; BAYAN USA, fighting for the rights of overseas Filipinx workers in the U.S.; Queens Neighborhoods United, active in working-class, immigrant neighborhoods of Jackson Heights, Corona and East Elmhurst in Queens; Harlem Solidarity and Defense, opposing gentrification and gender oppression; and students from the City University of New York and others.The rally ended with rousing chants of “Union, Fuerza, Solidaridad!” (Union, Strength, Solidarity!) and “Que Queremos? Justicia! Cuando? Ahora!” (What do we want? Justice! When do we want it? Now!) as protesters headed downtown to a May Day demonstration on Wall Street. For information on LWC campaigns, visit: laundryworkerscenter.org
Home / Daily Dose / Lowest Unemployment Rate in Months, Continuing Gradual Recovery Servicers Navigate the Post-Pandemic World 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Unemployment 2020-08-13 Christina Hughes Babb Though nowhere near pre-pandemic numbers, jobless claims are dropping. California leads states in largest decline in decreases.The total number of new weekly unemployment insurance claims fell below the 1 million mark for the first time since March, according to data released by the U.S. Department of Labor.Initial jobless claims for the week ending August 8 totaled 963,000, down from an upwardly revised 1.19 million one week earlier. Continuing claims for the week ending August 1 totaled 15.48 million, down from 16.1 million in the prior week.The largest increase in initial claims for the week ending August 1 was in Rhode Island with a relatively mild uptick of 87 new claims. The states that saw the largest decreases during that week were California (-22,610), Virginia (-19,048), Texas (-14,095), Florida (-13,176), and New Jersey (-11,489).The new report saw the end of a 20-week streak where more than 1 million new claims were being filed on a weekly basis. Before the pandemic, weekly jobless claims were routinely below the 250,000-mark. More than 56 million people filed new unemployment claims since March 20.The advance seasonally adjusted insured unemployment rate was 10.6% for the week ending Aug. 1. White House economic adviser Larry Kudlow greeted the news with a prediction that the unemployment rate could return to single-digit levels as early as this month, adding that third quarter growth could reach 20% or more.“The key point that I would make is the economy is rebounding, it looks like a V-shaped recovery and the recent news now is even better than it was a month ago,” Kudlow said in a virtual appearance during a conference sponsored by the Council of the Americas.However, Mark Hamrick, Senior Economic Analyst at Bankrate.com, told USA Today that it was still too soon to announce “mission accomplished” in regard to believing the economy was in a full-throttle recovery mode.“What we’re really doing is recovering some of the jobs lost,” Harmick said.A more cautiously optimistic vision came from Doug Duncan, SVP and Chief Economist at Fannie Mae.“This morning’s unemployment insurance claims report showed the labor market is continuing its gradual improvement,” Duncan said, who warned that although “the pace of decline in claims had paused briefly, it appears to be accelerating again, an encouraging sign for the labor market recovery. However, the initial claims figure still remains above the peak value seen during the previous recession, and we note the headline number does not include an additional 489,000 claims filed under the Pandemic Unemployment Assistance program.”Duncan added that while the level of continued claims was in decline, this figure “still remains at historically unprecedented levels and continues to indicate that while improving, the total extent of joblessness and income curtailment remains significantly elevated.” Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, News Servicers Navigate the Post-Pandemic World 2 days ago About Author: Phil Hall Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Tagged with: Unemployment Lowest Unemployment Rate in Months, Continuing Gradual Recovery Demand Propels Home Prices Upward 2 days ago August 13, 2020 1,093 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. Sign up for DS News Daily Previous: How COVID-19 Is Driving Migration Trends Next: HUD’s Carson Provides Opportunity Zone Updates The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe
75 positive cases of Covid confirmed in North Twitter Gardai continue to investigate Kilmacrennan fire Local Councillor calls for public toilets and changing rooms in Rathmullan RELATED ARTICLESMORE FROM AUTHOR Google+ Facebook WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th Twitter 365 additional cases of Covid-19 in Republic WhatsApp Previous articlePublic Prosecution Service in danger of being seen to be ‘politically motivated’ – ShieldsNext articleGardai confirm missing woman has been found News Highland Further drop in people receiving PUP in Donegal By News Highland – June 1, 2013 Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry Donegal County Council says it hasn’t got the money to provide public toilets in Rathmullan.This depsite the town having 65,000 visitors last year, second only to Rossnowlagh.Local Councillor Ian McGarvey has called for public toilets and changing rooms to be provided and to include access for people with a disability.He has welcomed the fact that negitiations between the council and a local group are ongoing to provide facilities but can’t confirm that will happen this year:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/06/iantsat.mp3[/podcast] Google+ Pinterest Facebook News