Fund – Infogima Fri, 28 May 2021 19:37:38 +0000 en-US hourly 1 Fund – Infogima 32 32 Philippines, China pledge to cooperate for post-pandemic recovery Wed, 07 Apr 2021 23:16:33 +0000

MANILA (Reuters) – China on Saturday pledged to donate 500,000 doses of COVID-19 vaccine to the Philippines as the two countries sign infrastructure deals to boost post-pandemic recovery efforts, officials said.

Philippine President Rodrigo Duterte imposed one of the world’s longest and tightest lockdowns to contain the virus in March last year, crippling one of the fastest growing economies in the world. Asia.

“As a friend of the Philippines and your closest neighbor, we will stand firmly by the side of the Filipino people until this virus is defeated,” Chinese diplomat Wang Yi said in a meeting with the Minister of Foreign Affairs. foreigners from the Philippines.

Wang’s talks in Manila concluded a week-long visit to four countries in Southeast Asia.

Duterte has sought closer ties with Beijing since coming to power in 2016, setting aside a territorial dispute in exchange for pledges of aid, loans and grants.

“China is playing a very important role in reviving the economy of our region,” he said on Saturday. “Let’s do all we can to revive economic activity between the Philippines and China.”

China has said it will donate 500,000 doses of the COVID-19 vaccine to the Philippines, without specifying which vaccines will be offered, the presidential palace said in a statement.

With nearly 499,000 coronavirus cases and nearly 9,900 deaths, the Philippines has the region’s second-highest number of infections and deaths after Indonesia, but Manila has fallen behind neighboring countries in securing doses of vaccine.

Duterte has said he prefers to source COVID-19 vaccines from China or Russia, and the country is purchasing 25 million doses of the experimental vaccine developed by Chinese vaccine maker Sinovac Biotech, with the first 50,000 expected to arrive in February.

Officials from the two countries signed an agreement on Saturday for a 500 million yuan ($ 77 million) grant from China to finance infrastructure, livelihoods and other projects in the Philippines.

They also signed the commercial contract for a $ 940 million, 71-kilometer railway project north of the capital, the Beijing ambassador to Manila said in a statement.

Reporting by Neil Jerome Morales; Editing by Clelia Oziel and Helen Popper

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IRS Criminal Investigation Vows To Continue Investigating COVID-19 Fraud Wed, 07 Apr 2021 23:16:12 +0000

The Internal Revenue Service’s Criminal Investigations Division (IRS-CI) marks the first anniversary of the CARES Coronavirus Aid, Relief and Economic Security Act by committing to continue investigating fraud in the COVID-19.

Over the past year, the IRS-CI has fought COVID-19 fraud related to Economic Impact Payments, Paycheck Protection Program (P3), and Employee Retention Credit. The agency has investigated more than 350 tax and money laundering cases nationwide for a total amount of $ 440 million. These investigations covered a wide range of criminal activity, including fraudulently obtained loans, credits and payments intended for American workers, families and small businesses.

“Criminals have tried to finance their lavish lifestyles with money meant to help Americans during one of the most difficult times in recent history,” said Jim Lee, head of criminal investigations at the IRS. “We have investigated cases of criminals posting stolen money to buy luxury cars, boats and pay for luxury apartments as families and businesses struggle to make ends meet. IRS-CI Special Agents have done an amazing job identifying millions of stolen money and our job is far from over. We will not stop until every dollar obtained fraudulently has been accounted for and the individuals behind the schemes are prosecuted to the fullest extent of the law. “

The IRS-CI encourages the public to share information regarding known or suspected fraud attempts against any of the programs offered by the CARES Act. To report a suspected crime, taxpayers can visit

The CARES (Coronavirus Aid, Relief, and Economic Security) law was enacted on March 27, 2020 to provide emergency financial assistance to millions of Americans suffering from the economic effects of the COVID-19 pandemic. One source of relief provided by the CARES Act was the authorization of up to $ 349 billion in forgivable loans to small businesses for job maintenance and certain other expenses, through the Check Protection Program. payroll. In April 2020, Congress authorized more than $ 300 billion in additional funding and in December 2020, an additional $ 284 billion.

The Paycheck Protection Program allows qualifying small businesses and certain other organizations to receive loans with terms of two to five years and an interest rate of 1%. Businesses must use the proceeds from PPP loans for staff costs, mortgage interest, rent, and utilities. The PPP allows the remission of interest and principal if companies spend the proceeds of these expenses within a specified time frame and use at least a certain percentage of the loan for wage costs.

To learn more about COVID-19 scams and other financial systems, visit Official IRS information on COVID-19 and Economic Impact Payments can be found on the Coronavirus Tax Relief Page, which is frequently updated.

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Michigan lists 138 new coronavirus outbreaks, 714 ongoing clusters in Jan 25 report Wed, 07 Apr 2021 23:15:57 +0000

Michigan health officials have identified 138 new coronavirus outbreaks in the past week, including 37 related to long-term care facilities and 26 in K-12 schools.

The new outbreaks add to the 714 ongoing clusters, meaning there were a total of 852 active outbreaks monitored in the state as of Thursday, Jan.21, according to a Department of Health and Human Services report released on January 21. Monday 25 January.

Despite a slight increase in new outbreaks from the previous report, the total active outbreaks are down from 902 a week ago.

An outbreak is generally defined as an instance in which two or more cases are linked by location and time, indicating shared exposure outside of a household.

The clusters monitored by the local health services are included in the online epidemic tracker, which is updated weekly on Monday.

Outside of K-12 schools and colleges, the MDHHS does not identify specific locations or the number of coronavirus cases.

However, it lists the information by the eight health district regions of the state. (Note that these regions have different numbers than the MI Safe Start plan.)

By region, the distribution of clusters:

  • Region 1 (Clinton, Eaton, Gratiot, Hillsdale, Ingham, Jackson, Lenawee, Livingston and Shiawassee counties): 123 clusters, 11 new and 112 outbreaks underway.
  • Region 2N (Macomb, Oakland and St. Clair Counties): 164 clusters, with 40 new outbreaks and 124 ongoing outbreaks.
  • Region 2S (cities of Detroit and Monroe, Washtenaw and Wayne counties): 110 clusters, with 14 new outbreaks and 96 ongoing outbreaks.
  • Region 3 (Saginaw, Alcona, Iosco, Ogemaw, Arenac, Gladwin, Midland, Bay, Genesee, Tuscola, Lapeer, Sanilac and Huron counties): 159 clusters, 11 new and 148 ongoing outbreaks.
  • Region 5 (Allegan, Barry, Calhoun, Branch, St. Joseph, Cass, Berrien, Van Buren and Kalamazoo counties): 61 clusters, with 19 new ones and 42 ongoing outbreaks.
  • Region 6 (Clare, Ionia, Isabella, Kent, Lake, Mason, Mecosta, Montcalm, Muskegon, Newaygo, Oceana, Osceola and Ottawa counties): 131 clusters, with 18 new ones and 113 ongoing outbreaks.
  • Region 7 (Manistee, Wexford, Missaukee, Roscommon, Benzie, Leelanau, Grand Traverse, Kalkaska, Crawford, Oscoda, Antrim, Otsego, Montmorency, Alpena, Presque Ilse, Cheboygan, Emmet and Charlevoix): 76 clusters, with 19 new and 57 ongoing outbreaks.
  • Region 8 (Upper Peninsula): 28 clusters, with six new outbreaks and 22 ongoing.

By category, the households total:

  • 407 clusters (37 new and 370 ongoing) in long-term care facilities, which include skilled nursing facilities and assisted living facilities, adult daycares and group homes. This included 95 clusters in 3 regions.
  • 89 clusters (18 new and 71 in progress) were linked to manufacturing or construction sites. This includes 26 outbreaks in Region 6.
  • 70 clusters (26 new and 44 ongoing) were linked to K-12 schools or college communities. A total of 54 outbreaks were in K-12 schools, and the rest were on or around college campuses.
  • 67 groups (nine new and 58 ongoing) were in health care centers, which would include hospitals, doctor’s and dental offices, dialysis centers and other facilities providing health care services. This includes 24 clusters in the 2N region.
  • 57 centers (14 new and 43 in progress) concerned retail businesses, including 23 in the 2N region.
  • 29 clusters (five new and 24 ongoing) in offices. The 2N region has 10 clusters.
  • 29 clusters (five new and 14 ongoing) associated with religious services.
  • 24 clusters (two new and 22 ongoing) related to private social gatherings, such as a wedding, funeral or party. Seven were in region 3.
  • 16 clusters (seven new and nine ongoing) occurred in daycares or non-school youth programs.
  • 14 clusters (three new, 11 ongoing) in migrant camps or other agricultural workplaces, such as food processing factories. Seven of the clusters are in region 6.
  • Seven clusters were linked to bars or restaurants (four new and three ongoing). All cases were associated with employees.
  • One group was related to personal services, such as a hair and / or nail salon, or a spa or gym.
  • A cluster was linked to an indoor community event, such as a meeting or concert.

Outbreaks will be removed from the database if there are no additional cases in a 14-day period, MDHHS officials said.

State officials note that the graph does not provide a full picture of outbreaks in Michigan, and that an absence of an outbreak identified in a particular setting does not prove that the setting is not experiencing outbreaks.

“Many factors, including the lack of the ability to conduct effective contact tracing in certain settings, can lead to significant underreporting of outbreaks,” the state’s website read.

Related: 92 infected in new coronavirus outbreaks in 26 facilities, according to Michigan School Outbreak Report of Jan. 25

Below is an interactive map showing the new and ongoing outbreaks listed in the Monday January 25 report. You can hover your cursor over a point to see the underlying data.

To find a testing site near you, visit the state online test search, here, email or call 888-535-6136 between 8 a.m. and 5 p.m. on weekdays.

Learn more about MLive:

Michigan reports 3,011 new coronavirus cases, 35 new deaths for Sunday and Monday January 24-25

Michigan now has 17 confirmed cases of variant coronavirus in two counties

Michigan economy’s 2020 ‘heart attack’ won’t heal overnight, economists say

Michigan Department of Health Explains Why Some High School Sports Can’t Compete

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Wisconsin’s ‘miracle mom’ united with baby she gave birth to in COVID-19 coma: video Wed, 07 Apr 2021 23:15:09 +0000

After three months in the hospital, following her diagnosis of COVID-19 in October, a woman from Wisconsin left the hospital last week to unite with the baby she carried, but did not had never been encountered.

According to a Monday University of Wisconsin Health statement, Kelsey Townsend gave birth at Madison University Hospital, on November 4, in a medically induced coma.

On Thursday, Townsend was released and reunited with her husband and four children – the first time she had met and been able to hold her newborn baby, Lucy, the declaration mentionned.

Townsend was diagnosed with COVID-19 in October, when she was nine months pregnant, the declaration said, and his condition rapidly deteriorated.

According to declaration, for the next 75 days, Townsend used an Extracorporeal Membrane Oxygenation (ECMO) machine and ventilator – two life support systems.

Doctors at UW Health determined in December that to survive Townsend she would need a double lung transplant – news her husband Derek delivered to her on Christmas Eve, the declaration mentionned.

Then her condition started to improve.

However, Townsend’s condition began to “improve significantly” – just days after being added to the waiting list for a lung transplant.

In fact, the declaration said that in mid-January she was moved out of the intensive care unit, taken off the ventilator, and then taken off the transplant waiting list.

A The Hill report, quoted Daniel McCarthy, doctor and director of the hospital’s ECMO program, who said in a video released Monday by the health system: “Particularly at first, we didn’t know if we were going to be able to support her through this, and then at the end of the day, there was still a lot of uncertainty as to how best to get her out of the hospital and home safely.

Townsend was “applauded and praised by health professionals” when she left the hospital in a wheelchair, The hill reported.

She went home – and there was ice cream.

Last Thursday she reunited with her family – including the girl she had never met, The hill reported – her son greeted her home with his “favorite ice cream”.


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Student loan debt must be canceled in full for everyone Wed, 07 Apr 2021 23:15:09 +0000

Stefani Reynold / Getty

1.6 USD trillion. How much money 45 million Americans collectively have student loan debt. Think about it – how many people do you know who are still paying off their loans? Chances are you and a bunch of your friends and family are still repay the loans. And given COVID, it’s not something that’s likely to change for long. With the economic hardships hanging over student loan repayments for most Americans, more and more government officials are pushing the Biden administration to write off student loan debt. And while Biden agrees to cancel part of it, for the benefit of all borrowers, he must cancel everything. And so on.

Right now, Biden is likely to forgive $ 10,000 per borrower. And while that would be a good start, for many of us suffering from student loans, that amount wouldn’t do much. He strength reduce some of the interest, but for people who aren’t making a lot of money and can barely afford the bare minimum, they won’t even notice that $ 10,000 is missing. It could be a pretty nice break for those who have just finished their studies. But if you’ve been out of college for a while, it won’t do much. And while Biden extended the pause on payment pay off student loan debt due to COVID, if they don’t also suspend interest, that money will likely only cover it. Which means borrowers won’t even go ahead with that level of forgiveness.

If you are someone who has a low income job like retailing, or if you are in an industry where you do not earn much, it is difficult to pay off your student loan debt. Sometimes it feels like you’re just working to keep a roof over your head and pay off your loans. And if you live in an expensive city, your cost of living can make it impossible to pay off your loans. Not because you don’t want to, but because you just can’t afford it. If you work more than 30 hours a week and are struggling to make ends meet, paying off your loans can be an impossible task. And if you’re in such dire financial straits, Biden’s $ 10,000 solution isn’t really for you anyway.

Drew Angerer / Getty

My partner and I have significant student loan debt between the two of us. I have been in default on my loans most of the time I was out of college. And while my partner has been able to pay off her student loans steadily over the past few years, she is only paying the interest and hasn’t even touched the actual amount she owes. We’ve both had pretty stable jobs over the past few years, but it’s still not enough. We would of course be grateful for Biden’s $ 10,000, but it really wouldn’t make any difference in terms of the refund. We’re still going to pay them for what looks like the rest of our lives. Student loan relief would really change the way we might live our lives, and we’re not talking about tropical vacations, we’d be happy with an emergency fund to help cover the cost of surprise and unforeseen expenses.

For us and others like us, the only way to make real progress is to ask the government to completely write off student debt. And before you comment on whether we made a deal, blah, blah, blah, here’s the thing. You can sign a contract and enter into an agreement with the full intention of honoring it. But then things happen that prevent you from doing what you have agreed to do. As a nation, we are told that the only way to move forward in life is to go to college and find a good job. But then you have hundreds of thousands of people walking around with college degrees and working in retail because you can’t get a job that pays enough to keep up with your student loans. Since we do what we were told, since we gained the education that should open up opportunities for us to give back to society, the government should offer us some relief.

I am a millennial and my generation has been accused of killing industries such as diamonds, washing machines and restaurant chains. We often receive reviews for do not buy houses, have no children and live at home longer than previous generations. But we are a generation facing incredible student debt and struggling to find good paying jobs. Pair them with the overwhelming amount of loans we are paying off, and there’s no way we can move forward unless something changes.

zimmytws / Getty

“With the cancellation or reduction of the repayments of their student loans, these borrowers could spend more money from one month to the next, which would allow them to participate more actively in the economy”, Rebecca Safier, expert in personal finance, also a certified student loan advisor at Student loan hero, Told HuffPost.

Generation Y is late at least a major event in life, according to a survey carried out by The bank rate. They postpone the most savings for emergencies (38%), which could put them in a more precarious financial situation in the future. Putting off buying a home (31%) and not paying off other debt (28%) are the other big things we don’t do. Of course we are not. Because student debt affects all of this. If most of your income is used to pay off student loans, you’re not saving for other things. But if you don’t pay other debts on time, you can’t get enough credit to do things like buy a house or a car.

Beyond Biden’s current plan, there are other Senate and House resolutions that deal with student loan debt. They would write off a larger amount of debt, which would create a stronger impact. Elizabeth Warren and Senate Majority Leader Chuck Schumer’s resolution would cancel up to $ 50,000. And in the House, the representatives. Ayanna Pressley, Ilhan Omar, Alma Adams and Maxine Waters proposed a companion resolution. It’s hard to say if this will go any further than Biden’s $ 10,000 plan, but since he’s leaving it to Congress, maybe there could be some sort of leverage.

Canceling student loan debt isn’t just a problem for people with student loans. We are the ones who struggle the most, but it is an issue that concerns us all. If all the debt is written off, think about what more people can do. Without this debt hanging over their heads, they can do things like buy homes and save for retirement. If we are not in debt, neither will our children. Student loans should no longer be a burden on people’s necks. If the government really wants to stimulate the economy, they will cancel everything. Because if they can bail out the big corporations, they can bail out the millions of people who are drowning under the weight of student loans.

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South Korean banking groups take small steps towards ESG finance Wed, 07 Apr 2021 23:15:09 +0000

[#WeFace] Electric vehicles, green loans and less paper: South Korean banking groups take small steps towards ESG finance

A customer signs documents displayed on a tablet PC installed in a booth at a branch of NH NongHyup Bank in Seoul. (NH NongHyup Bank)

This article is part of an analysis and interviews by staff at The Korea Herald’s finance office exploring South Korea’s emerging ESG investment market, along with its potential, impact and challenges. – Ed.

Of all the changes stemming from the banking industry’s adoption of environmental, social and governance values ​​in recent years, according to Shin Hae-jin, 53, the one that stands out the most is the lack of paper in the “red tape”. “.

“Since last year, I have noticed that every time I go to open or manage a savings account, the documents are signed through tablet PCs installed in each booth,” said Shin, who is a loyal customer of Woori Bank for over 30 years.

“The employee also always checks if I really want to make a paper booklet, which was given to me without any questions a few years ago,” she added.

Environmental, social and governance values ​​became a top priority for major South Korean banking groups last year, when President Moon Jae-in pledged to achieve a zero carbon society by 2050.

The country’s five largest banking groups – KB, Shinhan, Hana, Woori and NH – have either launched special ESG task forces or hired ESG experts as external directors in the hope of keeping pace with the 73, The country’s 4 trillion won ($ 64.7 billion). Green New Deal policy. The measures they have taken focus on the environmental aspects of ESG financing.

As Shin noticed, a key step is to minimize the waste of paper.

KB Kookmin Bank launched a campaign in June last year, dubbed “KB Green Wave”, which encouraged the use of less paper in photocopiers and promoted savings accounts with better returns for those who created accounts. mobile accounts only or online only.

“The company actually cut our paper budget for our photocopiers,” said a Kookmin official.

“It’s frustrating at times, but it’s also something we know we have to get used to.”

KB Kookmin’s rival Shinhan Bank launched a similar campaign last year, offering reward points to customers who have created mobile accounts. Shinhan said last year that 2,879 trees were used each year to make paper bank books and that the campaign was a way to defend ESG stocks.

Hana became one of the first banks to reduce paper bank books in 2019, while Woori and NH NongHyup are also using tablet computers for customer service in an effort to reduce paper use.

Overall, paper passbook issuance fell 10% year on year in 2019 and the decline appears to have accelerated since then, according to industry data.

Electric vehicles are another key area in which the banking industry is striving to ‘go green’, with companies turning to electric vehicles for company cars and installing charging stations near their head offices and locations. their physical branches.

Woori Bank is an industry pioneer in the field of electric vehicles.

Woori Bank employee promotes the company’s electric vehicles (Woori Bank)

The company started with five electric company cars in 2019 and had increased that number to 16 by the end of last year. It currently operates two charging stations, one at its head office in central Seoul and one at its comprehensive research and development center in Sangam-dong, west Seoul. The bank plans to return all of its company-owned cars to electric vehicles by 2025 as part of a green partnership with the Seoul Metropolitan Government that began in 2017. It will also set up additional charging stations in 10 branches by the end of the year.

KB Kookmin started the switch to electric vehicles last year. It owns around twenty electric vehicles for employee use and has charging stations in three of its branches.

Other lenders are either in the early stages of adopting electric vehicles or plan to do so by the end of the year.

NH NongHyup has pledged to increase the number of electric vehicles by at least 20 after starting its own transition in February. Shinhan plans to purchase and use at least 30 electric vehicles by the end of the year.

On the corporate side, lending benefits for companies that meet certain ESG criteria are gaining popularity with lenders, along with the issuance of ESG bonds.

Shinhan launched a special loan program last month with lower lending rates for businesses that meet its ESG standards, and NH NongHyup is offering a product that includes a higher credit limit for ‘eco-friendly businesses’. environment”.

As of March 29, Korean banks had issued won-denominated ESG bonds worth a total of 1.7 trillion won so far this year, according to data from the Korea Stock Exchange. This represents 70% of ESG bonds issued throughout the past year, which together were worth some 2.4 trillion won.

Long way to go

Despite this plethora of green campaigns, industry watchers say it will take much longer for ESG stocks to truly be mainstreamed into core areas of bank business, such as project finance.

Since the start of the year, the heads of the five major banking groups have pledged to support ‘coal-free’ financing, saying they intend to halt all project funding for coal-fired power plants and l ‘purchase of coal bonds. from now on.”

But their statements drew criticism as the banks had no plans to end funding for existing projects for coal-fired power plants.

Last year, for example, the National Export and Import Bank of Korea was selected to finance a $ 2.2 billion project to build the 1,200 megawatt Vung Ang 2 power plant in the north. -est of Vietnam.

According to a local civic group, the Korea Sustainability Investing Forum, KB Financial Group provided a total of 6.3 trillion won for coal-related projects from 2009 to 2020, ranking No. 1 in terms of investments made by banking groups. NH followed with 3.5 trillion won, and Shinhan came third with nearly 1.2 trillion won.

Among their flagship banking units, NongHyup ranked No. 1 with 676.9 billion won in the cited period, while Shinhan and KB Kookmin lagged behind with 366.7 billion won and 333.3 billion won. of won, respectively.

“While it is important for financial institutions to refrain from financing coal, the manufacturing industry must support the cause in order to create a truly virtuous circle,” an official from the financial monitoring service said on March 31. on condition of anonymity.

By Jung Min-kyung (

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Why Democrats should be content with small steps on guns Local Columnists Wed, 07 Apr 2021 23:15:09 +0000

At some point this spring, in an attempt to do something – anything – about gun control, the US Senate will re-launch a bill that would require people who buy guns from unauthorized dealers to undergo a federal background check, closing a loophole often referred to as the “gun shows loophole.” . “

If passed, this extremely modest measure will make the purchase of guns a little more difficult for criminals, people with mental illness and others who shouldn’t be roaming our streets with guns. . The National Rifle Association will cry out about an imaginary threat to the Second Amendment. And liberals who prefer strict European-style gun controls will voice their disgust at the measure’s painfully narrow ambition.

But limited as the Senate’s proposal is, “it would be the most significant expansion of background checks in 28 years,” Jim Kessler of the centrist group Third Way, who worked on the legislation, told me last week. on guns for decades.

And that is why the battle to succeed is worth it.

Under current law, anyone who purchases a gun from a gun store or other authorized dealer must pass a federal background check, a process that normally takes less than two minutes.

But in most states, people who buy guns from unlicensed dealers, including sellers who list their products on the Internet, don’t need to pass a background check. A survey by researchers at Northeastern University estimated that 22% of firearms are sold this way – as are, for example, weapons used in mass shooting in 2019 in Midland and Odessa, in Texas. (Suspects in last month’s shootings in Georgia and Colorado, by contrast, apparently passed federal background checks, so the requirement wouldn’t be a panacea.)

The House of Representatives passed a tougher bill in February that would require a background check of almost anyone who obtains a firearm, including through private sales, loans or gifts, except acquisitions of immediate family members.

But this bill cannot go through the Senate. Two Democratic senators, Joe Manchin III of West Virginia and Jon Tester of Montana, said they thought it was too wide.

Manchin and Tester are not the only obstacles. The Senate’s “obstruction rule” requires the approval of 60 out of 100 members to advance legislation – and in the current 50-50 Senate, that means at least 10 Republicans are needed.

Thus, we can forget more ambitious proposals, like the perennial crusade of Senator Dianne Feinstein, D-California, to ban assault weapons. Feinstein’s measure won the public support of just 36 members of the current Senate, far from a majority.

Given these realities, Senate Majority Leader Charles E. Schumer, DN.Y., has called on his allies to find a compromise measure that could attract Republican support, and the most likely candidate is a another perennial: the bipartisan proposal expanding background checks except for family and friends, drafted by Manchin and Senator Patrick J. Toomey, R-Pa.

“It’s modest,” Toomey admitted last week. Even then, he added, it would be “very difficult” to attract 10 Republican votes. The last time Manchin-Toomey voted, in 2013, only four GOP senators backed him.

And why could this year be any different?

Schumer’s Democratic leader on the issue, Sen. Christopher S. Murphy of Connecticut, says he thinks Republicans might be mobile this time around because public support for gun control has grown.

“The authority of the NRA is fading; the impact of the anti-armed violence movement is increasing, ”he argued. “I think we have a chance.”

He is at least partly right. A 2019 Pew Research Center survey showed general support for tighter gun control was growing.

And the support for universal background checks is broad; the Pew poll found 88% of voters in favor of the concept, including 82% Republicans.

It hasn’t moved Republicans out of rural states, where gun owners are plentiful, well-organized, and noisy.

But the Democrats’ push is targeting GOP senators from urban and suburban states who need the support of moderate voters, especially women, to keep their seats – senators like Florida’s Marco Rubio, who is reelected next year. In 2018, after a mass shooting at a Florida high school killed 17 people, a poll found that 96% of Floridians supported universal background checks.

If Republicans sink the bill, Schumer plans to use it against them in next year’s campaign.

“There will be votes,” he promised last week. “They feel the heat. … They will no longer be able to hide.

So from Schumer’s perspective it will be a worthwhile fight – win or lose. And putting Republicans on the spot gives Democrats one more reason to support a compromise bill, even if it is much less strict than many of them would have preferred.

(Doyle McManus is a columnist for the Los Angeles Times.)

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Renato Sanches rebuilds career for Portugal after Bayern Munich flop Wed, 07 Apr 2021 23:15:09 +0000

Mentioning the name Renato Sanches to fans of English football and it’s a moment of comedy that comes to mind the most.

Playing a game at Chelsea while on loan with Swansea City, Sanches mistook the red Carabao energy drink logo on a billboard for a colleague in a red shirt and duly passed the ball straight out of play.

Despite his head-in-hand reaction away from home, Swansea coach Paul Clement at least had the good grace to wait until half-time before snagging the Portuguese midfielder.

Renato Sanches was embarrassed while playing for Swansea against Chelsea in 2017 when he mistook his red-shirted teammates for a sponsor logo and passed the ball to him.

It marked the low point of a terrible loan spell for Sanches as his career plunged

It marked the low point of a terrible loan spell for Sanches as his career plunged

Swansea manager Paul Clement reacts to Stamford Bridge pass

Swansea manager Paul Clement reacts to Stamford Bridge pass

It was November 29, 2017. Just 16 months earlier, Sanches had played a leading role in his country’s unexpected triumph at Euro 2016 and won a £ 30million transfer to Bayern. Munich.

Two months later he had left Marcus Rashford, Kingsley Coman and Ousmane Dembele behind as he won the prestigious European Golden Boy award.

Now his hugely promising career had collapsed in no time at that embarrassing trough. No doubt Sanches must have dug a map to locate Swansea when Bayern sent him there. Was he good enough even for them as his form faded?

It seemed too classic, too young. Sanches was 20 at the time, gripped by injury, hopelessly disconnected and unwanted from the big club who had moved to sign him even before he was dazzled at a major tournament. The brilliance of his game was gone.

Fortunately, that was not the end of the story. His career path has continued since leaving Bayern for Lille in 2019 and on Wednesday night Sanches scored his first international goal in more than four years.

However, Sanches rebuilt his career and scored his first goal for Portugal in four years.

However, Sanches rebuilt his career and scored his first goal for Portugal in four years.

Sanches brought home after Cristiano Ronaldo help in Lisbon 7-0 win

Sanches brought home after Cristiano Ronaldo help in Lisbon 7-0 win

His confidence was restored by the increased playing time after leaving Bayern Munich for Lille

His confidence was restored by the increased playing time after leaving Bayern Munich for Lille

Fair enough, he came against Andorra, one of seven Portugal stuck in front of the minnows in a friendly at Estadio da Luz, the home of his first club Benfica. But it will certainly do the trick for now.

It appears that Sanches’s lost promise has been found. In January, he was linked with a return to the Premier League with Wolves, this enclave of Portuguese players, on the back of good form in France.

If that would have represented a career coming full circle – from the Premier League to the Premier League – the true trajectory of Sanches’ career has seen more ups and downs than a roller coaster. And he is still only 23 years old.

The rise in power had been rapid for the kid Benfica signed at nine years old from the junior club Aguias da Musgueira for 750 € and 25 balls.

Shortly after his senior debut in October 2015, Benfica signed him to a new contract with a release clause of almost £ 40million. They knew they had a talent in their hands.

Sanches broke into Benfica's first team at the age of 17 who could lead the midfielder

Sanches broke into Benfica’s first team at the age of 17 who could lead the midfielder

He was then excellent at Euro 2016, helping Portugal to win the tournament by beating France

He was then excellent at Euro 2016, helping Portugal to win the tournament by beating France

It soon became clear why. Not only has this 17-year-old fought battles in the midfield – living up to his nickname El Bule, the pot in which water is boiled due to its sturdiness, given by his grandmother – but was able to score world-class goals.

As is often the case with talented young players emerging at Benfica, the big European clubs quickly sniffed. Bayern were the quickest on the sidelines, signing Sanches on the eve of Euro 2016 for £ 30million plus a potential of another £ 35million.

Manchester United were one of the interested clubs Bayern beat on signing and Sanches said at the time: “ I think everyone knows there was an offer from Manchester United but there was others. I chose Bayern because they are a great club and I will win titles. ”

It soon became clear why Bayern paid as much as Sanches played a leading role in Portugal’s victory at Euro 2016 despite only making his international debut in March of that year.

Here is a player with the world at his feet, seemingly without nervousness in the greatest of games. He has scored against Poland in the last eight games and started the final against France, which Portugal won 1-0 thanks to a goal from another flop from Swansea – Eder – in overtime.

Sanches (second from right) was bought by Bayern Munich ahead of the tournament for £ 30million

Sanches (second from right) was bought by Bayern Munich ahead of the tournament for £ 30million

But his time with Bayern has been extremely frustrating with limited opportunities

But his time with Bayern has been extremely frustrating with limited opportunities

Sanches may have won the Golden Boy in the heat of the Euro triumph, but his time at Bayern quickly turned into a disappointment.

He failed to register a single goal or make 25 appearances in his debut season and only started four Bundesliga games, finishing just one.

It didn’t help that Bayern were already boasting of Arturo Vidal, Thiago Alcantara and Xabi Alonso in their midfield, leaving a precious little opportunity.

Manager Carlo Ancelotti was under pressure to clinch another Bundesliga title and the young players were therefore not favored, while Sanches also had problems learning German.

It was against this backdrop that Sanches was loaned to Swansea in August 2017, despite Ancelotti’s promises to stay at the Allianz Arena.

His Premier League loan season with Swansea has been worse as his career declines

His Premier League loan season with Swansea has been worse as his career declines

Getting Sanches looked like a real coup for Swansea but turned out to be very different

Getting Sanches looked like a real coup for Swansea but turned out to be very different

Clement had worked with Ancelotti at various clubs and he seemed to have pulled off a real coup, but Sanches endured another disappointing season.

Hounded by injuries and inconsistent form, he has only played 15 games for Swansea.

“It was not my choice to go to Swansea. I was forced to go, ”he later admitted. “They gave me everything, but I didn’t want to be there.

“The most difficult moment? When I was injured I couldn’t train. It was the descent; you no longer feel the motivation.

There was a brief recovery after returning to Bayern – he even scored against former club Benfica in the Champions League – but he quickly fell into the background.

At the start of the 2019-2020 season, Sanches was in turmoil to move away from Bayern. He admitted it in a TV interview, angering President Karl-Heinz Rummenigge. He was also fined 10,000 euros for missing a training session.

Sanches fidgeted to move away from Bayern and eventually joined Lille last year

Sanches fidgeted to move away from Bayern and eventually joined Lille last year

But eventually he was cleared to escape, joining Lille for £ 21million and after overcoming a hamstring injury, the former Sanches’ confidence quickly returned.

Taking over the former position of Nicolas Pepe following his stint at Arsenal, the Portuguese has rediscovered the old daring of his game and has started to find himself in dangerous positions again.

The Ligue 1 season has been cut short due to the Covid-19 pandemic, with Lille narrowly missing Champions League football in the points-per-game calculations.

A good start to the season saw him recalled to the Portuguese squad in October for the first time in two years and his goal against Andorra will be seen as another step in the right direction.

He has since enjoyed more playing time and rediscovered the lost joy of his game.

He has since enjoyed more playing time and rediscovered the lost joy of his game.

“ Honestly, I feel better than a few years ago when I signed for Bayern, ” said Sanches The voice of the North Last week.

“Simply because I play more, and when I play more, I have more confidence in myself. This is really what has changed.

The connection with wolves before the January window is hardly surprising. Sanches is a client of agent Jorge Mendes, who plays an advisory role in club Molineux transfer transactions.

If the move comes to fruition, one can only hope that the Premier League midfielder’s second crack will be more successful than the first.

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SORA home loans ensure interest rate stability: UOB Wed, 07 Apr 2021 23:15:08 +0000

Borrowers claim that certainty, transparency, and stability are key factors influencing their willingness to choose SORA-based loan products.

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No foreclosure before 2022 if the new CFPB rule is adopted Wed, 07 Apr 2021 23:15:08 +0000

Homeowners can be online for additional relief during the pandemic.

Millions of Americans have struggled with unemployment and lost income over the past year. This includes the owners. The good news is that there has been some relief for mortgage borrowers since the start of the pandemic.

On the one hand, forbearance helped put a break on monthly mortgage payments. Lenders have also been prevented from going ahead with foreclosure proceedings against borrowers who are behind on their payments. And now the Consumer Financial Protection Bureau (CFPB) is proposing a new rule in an effort to prevent a wave of foreclosures later this year.

No seizures in 2021

During the forbearance period, mortgage borrowers are not accused of being behind on their mortgage payments and, as such, they are protected against foreclosure. But mortgage abstention peaks at 18 months. And it is estimated that as many as 1.7 million borrowers will reach the end of their forbearance period by September or October of this year. This means that homeowners who adopted a forbearance at the start of the pandemic will be at risk of foreclosure if they cannot repay their mortgage payments from then on.

It is for this reason that the CFPB is proposing a rule that would prohibit seizures for the rest of the year. It could help prevent many people from losing their homes.

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Now, to be clear, mortgage lenders cannot trigger a foreclosure when a mortgage payment is missed. Rather, borrowers must be more than 120 days past due for foreclosure to come into play. But by prohibiting foreclosures, the CFPB hopes to give mortgage lenders time to help borrowers get out of forbearance and determine their next steps.

This could mean a loan modification, where the terms of a mortgage loan are changed to make it more affordable. However, these arrangements take time to come into being. So the idea is to give lenders and borrowers a time frame after forbearance to sync up and work on a solution.

Of course, some mortgage borrowers whose finances do not improve later this year may choose to leave their homes. Home values ​​have skyrocketed nationwide. So right now there is less risk that borrowers will be underwater on their mortgages – a scenario that occurs when a home’s outstanding mortgage balance exceeds its market value.

But not everyone who continues to struggle financially will not want to leave their home. This is why the CFPB rule could give borrowers more leeway in determining their next steps. It could also give borrowers more time to return to gainful employment.

At present, the unemployment rate is still quite high compared to what it was before the start of the pandemic. The hope is that as 2021 progresses more jobs will be added so that the unemployment rate continues to decline. If the economy opens up, more homeowners could find themselves in a position where they could resume mortgage payments after forbearance. But clearly, the CFPB is not counting on this and wants a backup plan.

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