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Different types of emergency loans

Different types of emergency loans

There are many kinds of loans for emergencies. Each one has its own specific features and services.

Personal credit

Personal loans are the most sought-after form of loans for those in need.

It’s a great option for those confronted with a sudden financial crisis because the funds are usually disbursed promptly, usually within the same day following the approval.

Personal loans typically also have lower interest rates contrasted to credit cards. If you don’t want to make any charges unexpected for your credit cards,, you may want to consider applying to borrow an individual credit instead.

In particular, there are credit cards that have rates of interest that exceed 17%. The average interest rate for personal loans is around 11 percent or less. For those who are financially stable, they could have rates less than 6.6 percent.

  • Strategies:The personal loan route is the most suitable option for those who are able to receive a lower amount of interest on loans from banks.

Payday loans

Payday loans are thought of as loans that are short-term and are usually required to pay back at the time of your next payday.

Even though they don’t need the submission of an application for credit, they’re still very risky.

Because the term of the loan is comparatively short and the repayment terms are extremely strict.

If there is a failure to pay, the payment may be a cause for the imposition of an extremely high rate of interest and charges for late payment.

  • Guidelines: Payday now for emergencies is the best option for those who aren’t able to satisfy the requirements of the standard kind of loan that has low interest rates and need cash quickly. In the end the type of loan for emergencies is not generally advised and should be considered as an alternative option.

Home equity loans

Equity loans for homeowners or lines of equity credit are very rare when unexpected expenses come up.

The procedure to approve loans will be more detailed, which makes the process of transferring funds into your bank account significantly longer.

Because the lender is checking you out as a potential borrower, and it is secured by your home, your interest rates are most likely to be lower.

  • Tip:This is best for homeowners looking to steer clear of their home being be foreclosed on. But, you must have sufficient equity in your house (around 15%-15 15 percent) to be eligible to get an equity loan for your home or credit line. To obtain quick funds to pay for unexpected expenses, an earlier emergency cash loan would be the best choice.

Cash advances with credit cards

A credit card company might offer you an advance loan for a limited time frame in the form of an advance in cash.

The cash advance may be utilized to pay off outstanding loans, to pay for unexpected expenses or to pay for anything you’ll need to pay.

It’s one of the fastest ways to receive cash, which is why it’s one of the best options in the need for a loan during an emergency.

However, the drawback is the fact that interest rates, as well as charges, can be quite expensive.

  • Strategies:A cash advance through the credit card of the company is a great option for people who require funds quickly. If you’re not able to wait for the next day to you can receive your money, these types of personal loans can be an excellent option. However, you should keep an eye on the interest rates.

SOURCE CORRECTION: Steppe Gold Announces Gold Prepayment Facility


This document corrects and replaces in its entirety the previous version which was published by Steppe Gold Limited earlier today, where it should have read, “Triple Flag Gold Prepayment Facility will be repaid over 6 months from December 23, 2022 by six monthly deliveries of 500 ounces of gold for a total of 3,000 ounces. instead of “December 23, 2023”. The corrected version can be found below and all other content of this version is unchanged:

Ulaanbaatar, Mongolia– (Newsfile Corp. – September 29, 2022) – Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is pleased to announce that it has entered into an agreement with Triple Flag International Ltd (“Triple Flag”) for a short-term gold prepayment facility (the “Triple Flag Gold Prepayment Facility”).

One of the consequences of the zero covid policy in China and the border closures between China and Mongolia has been a shortage of US dollars available from banks in Mongolia. Revenue from sales of Steppe Gold is received in Mongolian tugrik. Although most of its running costs are also paid in local currency, we require US dollars to acquire reagents and finance deliveries to Triple Flag. The Triple Flag Gold Prepayment Facility allows Steppe Gold to continue to meet all of its obligations during this temporary market disruption.

Prepayment represents an elegant financing solution for a short-term currency issuance. The company is operating as planned with gold pours every two weeks and progress on Phase 2 expansion efforts continues.

Under the terms of the agreement, Triple Flag advanced net funds of US$4.6 million to Steppe Gold after fees and legal expenses. The Triple Flag Gold prepayment facility will be repaid over 6 months from December 23, 2022 by six monthly deliveries of 500 ounces of gold for a total of 3,000 ounces.

Steppe Gold Limited
Steppe Gold is Mongolia’s premier precious metals company.

For more information, please contact:
Bataa Tumur-Ochir, CEO and President

Shangri-La Office, Suite 1201, Olympic Street 19A, Sukhbaatar District 1, Ulaanbaatar 14241, Mongolia Tel. : +976 7732 1914

Caution Regarding Forward-Looking Statements:

The foregoing contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in global commodity markets, stock markets, costs and supply of materials relevant to the mining industry, changes in government and changes in regulations affecting the mining industry. Forward-looking statements in this release include, among other things, statements regarding trading in the common stock and business, economic and political conditions in Mongolia. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results may vary and we cannot guarantee future results, levels of activity, performance or achievements. We disclaim any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

The Toronto Stock Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/138884



TorontoTiidal Gaming Group Corp. (CSE: TIDL) (OTCQB: TIIDF) (‘Tiidal Game‘ or the ‘Company’), a leading esports and gaming platform company, is pleased to provide the following letter to shareholders of Tiidal game CEO Tom Hearn.

Dear Tiidal shareholders

As we leave the summer and our 3rd quarter, I wanted to give you an update on the progress we have made over the year and the incredible potential we have for the future.

As you all know, the last 12 to 18 months have been challenging in the macroeconomic environment, with global economic uncertainty remaining a key issue. We saw a correction in the technology sector and a lack of funding activity in the North American public markets.

Despite these turbulent times, Tiidal Gaming Group insiders, (collectively holding more than 50% of the company’s share capital), have continued to invest in the company by participating in the current $0.10 unit financing and active purchase of shares on the open market. I invested about $200,000 since joining the company earlier this year.

We are fortunate to have a core group that strongly believes in what we do and in the substantial opportunity this market offers over the next few years. Skill-based betting, in-play betting and esports generally represent a blue sky opportunity and their digital nature makes them a truly unique market. We are still on the ground floor of what is an amazing company with our cutting edge technology.

I joined Sportsflare (our soon to be renamed company) because of their amazing team. The founders have a strong passion for betting and technology, combined with expertise in sports betting and interactive entertainment that is second to none. The longer I have worked with them, the more impressed I have been with their work and the products we deliver.

Based on a deep understanding of artificial intelligence and esports, they were able to create cutting-edge technology capable of in-game predictions, providing a unique offering that competitors are unable to offer. . The result is ‘Flash Markets’, a betting product that is the first of its kind for esports.

Flash Markets allow a player/bettor to watch a live League of Legends or Dota 2 card (and soon a CS:GO or Fifa match board), see player positions and have the ability to make a selection of bets on which player or team will get the next kill or which tower will fall next. This product is currently in the test cycle with four major esports brands, and we are receiving positive feedback. This innovative product will revolutionize sports betting and create a whole new addressable market segment that remains untapped.

Last week at the SBC Summit Barcelona event, we had the chance to showcase this product to the best direct-to-consumer betting sites in the world as well as the best business-to-business providers in the industry. Everyone was excited to get a direct preview of the product and wanted to know when and how to get access to it. Our goal, from this show, is to distribute the product through these two channels, allowing us to highlight our product to the best and leading sports betting sites in the world. Our goal will be to foster relationships with the prospects we have met and turn them into customers in the near future.

You can expect more Flash Markets product announcements in the fall of 2022.

It’s what we’ve been waiting for – the opportunity to grow the business after making sure we have the product set we need to be successful and complementing it with high level professional risk and trading, which was sorely lacking in the esports industry. Part of that was accessing live data. On July 22, 2022we signed an agreement with Bayes Esports and had access to live data for Riot and ESL League Games. This is the only way to successfully develop a robust live betting product. Our competitors harvest data from other websites in an attempt to achieve this, which we believe will not lead to any success as it is an inferior method.

Our deal with Bayes was twofold. Not only did we get access to the best data available, but we also got a new client. At SBC, Bayes announced that it is launching Bodex, the esports betting platform that will be the new esports home base for Betradar customers. We are part of Bodex’s pre-match and live odds offering. This is the beginning of growing our revenue base and demonstrating the capabilities of our products at the highest level.

Stay tuned for future updates. We look forward to sharing more exciting news over the fall. As always, I’m available to answer your questions and share our story.

Best regards

Tom Hearn

Sportsflare CEO

In addition, the Company granted certain Sportsflare employees and a director options to acquire a combined total of 1.6 million common shares at an exercise price of CA$0.10 per share. The options vest over a period of 24 months.

About Tiidal game

Tiidal game is a leading media and technology platform enabling next-generation engagement in esports and gaming. We are positioned at the intersection of gaming, media and betting and enable our partners to create positive, engaging and immersive experiences for fans and consumers through our cutting-edge multimedia and technology offerings. With deep roots and expertise in the industry, Tiidal is focused on the next generation of fans and consumers and building the future of game-based entertainment.


Tom Hearn

Tel: 416-560-0528

Email: [email protected]

Forward-looking information

This press release contains certain forward-looking statements that reflect the Company’s management’s current beliefs and/or expectations regarding future performance, business and events. Forward-looking statements are based on then-current expectations, beliefs, assumptions, estimates and forecasts about the business, industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. The Company undertakes no obligation to publicly release revisions to update voluntary forward-looking statements, except as required by applicable securities law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of United States. The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “WE Securities Act’) or any state securities law and may not be offered or sold in United States or for WE Persons, unless registered under the WE Securities Act and applicable state securities laws or an exemption from such registration is available. Do not distribute to WE news wire services or for distribution in United States. Failure to comply with this restriction may constitute a violation of WE securities laws.

Tata Steel shares trade below Rs 100 level for fourth session, more downside likely?


Shares of Tata Steel were trading below Rs 100 for the fourth consecutive session today. The steel stock has been correcting recently amid continued volatility as fears of a recession have rocked the domestic market for the past six sessions. Tata Steel shares, which closed at Rs 104.25 on September 23, fell to Rs 95.25 on September 28, losing 8.6% over the period. Tata Group stock dropped from the Rs 100 level, closing at Rs 99.85 in the very next session. The steel leader has been facing headwinds for a long time.

The recent correction due to the weakness of the global indices stimulated the sale of the title. An economic downturn for the global economy recovering from the coronavirus blues will cause construction and related activities to plummet, hitting demand for inputs such as steel, among other components.

READ ALSO : Infosys vs. TCS vs. Wipro: Which stock should you buy as the IT giants hit a 52-week low?

Metals stocks such as Tata Steel have long been under pressure as the ongoing Russian-Ukrainian war and uncertain demand outlook from China undermined investor sentiment. The steel sector in China is facing challenges related to weaker than expected demand from the real estate sector. Restrictions related to the Covid-19 pandemic also continue to disrupt construction activities.

READ ALSO: Tata Steel vs Vedanta: Which stock is the best choice during a market correction?

On September 22, the board of directors of Tata Steel authorized the merger of its seven subsidiaries with itself. Tata Steel Long Products, Tata Metaliks, The Tinplate Company of India, TRF, Indian Steel & Wire Products, Tata Steel Mining and S&T Mining are the companies that will be merged with the parent company. The development, however, positive failed to enthuse the stock.

The stock rose 1.73% today to Rs 96.90 as the domestic market rallied after six sessions in line with positive global signals. Tata Steel’s share price rose after falling for three consecutive sessions. Tata Steel shares are trading below the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

Large-cap stocks are down 25% in one year and down 13% in 2022. Tata Steel shares are down 33.28% from their 52-week high of 142.62 rupees reached on October 19, 2021 .

READ ALSO : The Tata Steel merger is just the beginning! N Chandrasekaran’s game is to further consolidate

The Tata Group company announced a 21% drop in its consolidated net profit in the first quarter of the current financial year. The large steel company recorded a consolidated net profit of Rs 7,714 crore for the quarter ended June 30, 2022 compared to Rs 9,768 crore in the corresponding quarter of FY22.

Here’s a look at what market experts have been saying about the current weakness and how to approach the Tata Group stock.

Punish Patni, Equity research analyst Swastika Investmart said: “Tata Steel stock is under pressure due to cooling steel prices, subdued global demand due to rate hike regime by global central banks and export duties imposed by the Indian government, which will create a supply glut in domestic markets. because of optimistic long-term demand outlook, competitive advantages of Indian steelmakers like low labor and iron ore cost and reduction of steel production by China.Additionally, the energy crisis in Europe may prove to be a boon for Indian steelmakers provided the government removes export duties.

Abhijet of Tips2trade said: “A global collapse, particularly in the US and Europe, has triggered panic selling in global indices, with metal stocks including Tata Steel bearing the brunt. Rs 94 will be support immediately with very strong support at Rs 90.5. Until Tata Steel does not close above Rs 101 on the daily charts, investors should avoid buying.”

Tirthankar DasTechnical and Derivatives Analyst, Retail, Ashika Stock Broking said: “The volume trend has shown an accumulation at Tata Steel over the past few months, indicating heightened enthusiasm to push prices higher as the latter lacks participation in volume. Tata Steel can be expected to see a strong upside move towards Rs 140-Rs 150 from a medium to long-term perspective (gauging the involvement of the downsloping bullish channel).”

Ravi SinghVice President and Head of Research at Share India, said, “Weak international prices and weak demand have pushed down domestic steel prices. Tata Steel is in expansion mode and requires significant capital. The cost of financing can also be negatively affected. by rising interest rates. The current volatility of the rupee also works against the dependence on imports and the company’s offshore business. However, Tata Steel’s strong cash flow, thanks to strong operating performance, suggests its future prospects. The stock may witness lower buy levels for the short-term Rs 100 target and Rs 107 long-term target.

Strange bedfellows call on CFPB to enact broader participation rule for personal loans | Ballard Spahr LLP


The Center for Responsible Lending (CRL) and the Consumer Bankers Association (CBA) have filed a joint petition with the CFPB that urges the Bureau to engage in developing rules to define the biggest players in the personal loan market. In February 2022, the CFPB implemented a new procedure for members of the public to submit petitions for rulemaking (including changes to or repeals of existing rules). The petition has been registered by the CFPB. Under the new CFPB procedure, registered requests will receive a final response from the CFPB. (ABC already sent a letter in October 2021 to incoming Director Chopra in which he urged the CFPB to adopt a broader participation rule for fintech consumer lenders.)

In their petition, CRL and CBA describe the consumer credit market as consisting of five segments: mortgages (including home equity loans and HELOCs), credit cards, auto loans, students and “other personal loans”. They describe the category of “other personal loans” as encompassing three types of loans which may be secured (other than by real estate interest) or unsecured: short-term installment loans (generally lasting from three months to year), longer-term loans and revolving lines of credit. Secured loans in this category include loans intended to finance the purchase of durable goods (such as a household appliance or mobile home) and loans backed by security over an existing asset of the borrower (such as a vehicle).

CRL and CBA note that in 2015, the Bureau announced in its regulatory agenda that it planned to develop a proposed rule to define large non-bank participants in the personal loan market, including installment loans. consumer and vehicle title loans, and reported in its Spring 2017 Regulatory Agenda report that it was working on such a rule. However, as they also note, the Bureau under former acting director Mulvaney reclassified rulemaking as inactive in its spring 2018 regulatory agenda and has not spoken on the matter since.

Reasons set out in the petition why the Bureau should resume rulemaking for larger participants include:

  • A rapidly growing personal installment loan market, particularly as a result of changes in state law that effectively ban payday loans;
  • A significant portion of consumers who use other personal loans, particularly consumers who obtain such loans from non-bank institutions, tend to be economically vulnerable consumers who cannot obtain credit through credit cards or HELOCs. , have exhausted their available credit or have incurred such debt that they need to refinance a credit card or HELOC;
  • Substantial growth in fintech targeting the subprime market and offering loans that consumers are struggling to repay;
  • The current regulatory regime creates an uneven playing field with CFPB-supervised banks and a significant risk that consumer protection issues affecting vulnerable consumers will go undetected; and
  • Risk-based supervision, because of the need for firm-specific findings, is not an adequate substitute for a higher participation rule in a market with a substantial number of significant participants.

In their petition, CRL and CBA recommend that the personal loan market be defined as follows:

Creation or management of closed or open lines of credit payable in installments and provided to consumers for personal, family, or household purposes other than loans secured by real estate, loans for post-secondary education as defined in 12 CFR 1090.106 (a), or automobile purchase or refinance loans as defined in 12 CFR 1090.108(a).

Regarding their recommendation that the Bureau cover both closed installment loans and open lines of credit, CRL and CBA state that “there is an ongoing debate as to whether [buy-now-pay-later (BNPL)] the loans are fixed principal loans or variable principal lines of credit” and state that “[g]Consolidating closed and open loans in the definition of a single market for personal loans will avoid potential inconsistencies with regard to the supervision of the Office and avoid potential uncertainties with regard to the coverage of BNPL loans.

Regarding their recommendation that the market be defined to cover both the origination and servicing of personal loans, CRL and CBA point to bank/fintech partnerships. Calling “questionable” the assertion that the bank in such partnerships is the true lender, they argue that it is clear that the non-bank partner is a covered person providing a consumer financial product or service in its role as loan manager. According to CRL and CBA, market definition to cover services and origination “will ensure that these non-custodial fintechs, if large enough to meet the higher participation threshold, are subject to Bureau oversight at least with respect to its service activities, including its billing activities, collection and provision of data to consumer reporting agencies. »

In August 2022, eight national professional groups filed a request with the CFPB which urged the Bureau to engage in developing rules to define the largest participants in the data aggregation services market.

[View source.]

Columbiana Port Authority to Honor Workers with Free Lunch Business Journal Daily


LISBON, Ohio — In recognition of October being Manufacturing Month, the Port Authority of Columbiana County will host the first of what is expected to be an annual manufacturing workforce appreciation day.

The event will take place Oct. 21 in partnership with the Salem Sustainable Opportunity Development (SOD) Center, said Port Authority deputy executive director Brittany Smith. It will take place from 11 a.m. to 2 p.m. at Sandy Lake in the Salem Industrial Park.

Workers across Columbiana County will be treated to lunch. About 1,000 workers are expected, she said.

“We hope to make this an annual event, but focus on a different part of the county each year,” Smith said.

Sponsors are sought at three levels of participation. Event and sponsorship information is available by contacting the CCAC at [email protected] or by calling 330 424 1800 before October 7.

Also at Monday’s meeting, the board acted on several resolutions, including those involving leases for four businesses using Port Authority space.

Lease renewals have been approved for:

  • Humtown Pattern Co. for 72,077 square feet in the Leetonia Industrial Building for 12 months at a cost of $24,479.50 per month, a monthly increase of $182.50 from the previous lease.
  • Mitsubishi Heavy Industries America for 11,820 square feet in the Leetonia Industrial Building for 12 months for $3,990 per month, an increase of $36.50 per month.
  • The Ex One Company for 1,780 square feet in the Leetonia Industrial Building for six months for $1,188.55 per month, an increase of $241.50 per month.
  • Paragon Integrated Services Group LLC, for 45,000 square feet at the Wellsville intermodal facility for 12 months at $1,500, an increase of $250 per month.

Smith said the increases were the result of rising utility costs. In the case of The Ex One Co., the company requested the reduction to a six-month lease.

Finally, the board approved a resolution to amend the Employee Policy Manual with several minor language changes and corrections, also adding a glossary.

The council will then meet in regular session at 5 p.m. on November 28 at the Port Authority office.

Copyright 2022 The Business Journal, Youngstown, Ohio.

TMS Ep268: Rupee record plunge, diesel cars, markets, algo-trading


The Indian Rupee continued to depreciate hitting an all-time low of 81.63 against the US Dollar on Monday. And this despite the efforts of the central bank, which has spent nearly 100 billion dollars to stem the fall, the relaxation of commodity prices and the return of foreign capital. Experts believe that the fall in the rupee is in line with the massive fall in global currencies against the US dollar. Even if the fall of the rupee is not synonymous with bad news for all sectors, what will be the implications?

Rupee depreciation may also dampen the benefits that India may have gained from the recent correction in commodity prices. It is therefore unlikely that price relief for gasoline and diesel is imminent. Later, the price gap between gasoline and diesel narrowed. The price advantage enjoyed by diesel fueled the rise of diesel vehicles in the country. But this advantage is fading. And BSVI emission standards have dealt another blow to diesel vehicle sales. So what is the way forward for diesel cars in India?

Subsequently, market sentiment turned negative after the US Federal Reserve made a third major rate hike last week, with more than half of Nifty500 shares slipping below their major moving averages. So, will this decline continue or are recent sales an overreaction?

SEBI recently released guidelines for stockbrokers who provide algorithmic trading services. And its chairman Madhabi Puri Buch said last week that the regulator was neither for nor against algo trading as long as there is “transparency and disclosure”. But what is algo trading? Listen to this episode of the podcast to learn more.

Biden’s next debt crisis after student loans could be medical bills

  • America’s medical debt problem has parallels to the student debt crisis, experts told Insider.
  • Both are financially debilitating, putting people at risk of not being able to afford rent and food.
  • The Biden administration is already taking steps to address this, but the challenge of helping more low-income borrowers remains.

The Biden administration is finally delivering long-promised relief to more than 40 million Americans with federal student loans, half of which will see their debt completely wiped out. But medical debt experts say student loans are just one part of the household debt crisis that is crippling millions of Americans.

In late August, President Joe Biden announced up to $20,000 in student debt for federal borrowers earning less than $125,000 a year, which should completely eliminate the balance for 20 million borrowers. It takes away some of what is often a prohibitive burden for many Americans, with interest snowballing into an ever-growing collection of bills that become impossible to pay.

For some, medical debt can be just as prohibitive. Medical debt in the United States currently stands at around $195 billion, according to the Kaiser Family Foundation, and 23 million Americans have medical bills of at least $250. Three million people have unpaid medical bills totaling more than $10,000. Like student loan borrowers, those with medical debt aren’t immune to unfair practices — the Consumer Financial Protection Bureau previously found that inaccurate medical billing cost Americans $88 billion a year last.

When medical and student debt snowballs, they become vectors of potentially devastating financial consequences, leading people to lose their homes and face lawsuits, for example. Medical debt experts only see a parallel between the two crises. On the other hand, a major difference is that medical debt is usually an unavoidable life or death situation, whereas student loans are often a choice.

“You literally had no choice because this was an emergency situation,” Berneta Haynes, an attorney at the National Consumer Law Center, told Insider. “The difference is that medical debt can happen to anyone, and it can’t be planned.”

Medical debt creates ‘a racial wealth gap and a racial health gap’ in addition to burdening young and old

Black college graduates are more likely be in debt than their white peers, the data shows, and that’s because they have less wealth than their white counterparts historically. It’s a wealth gap that also translates into medical debt, Haynes said; one in three black adults have overdue medical bills, compared to less than one in four white adults, she found in a study she published This year. She added that black households are disparately impacted by aggressive medical debt collection practices, such as civil lawsuits and arrests for unpaid medical bills.

“There’s a racial wealth gap and a racial health gap,” she explained. “Black people have less wealth, black families are less able to meet those bills when they come in.”

Haynes also noted that young adults are more likely to have student debt, medical debt, or both. Nearly half of medical debt is owed by young heads of households – those under the age of 44 – the US Census Bureau found Last year. Similarly, more millennials, of which the oldest are 41, according to the Pew Research Center, have student debt than any other generation.

This does not mean that the elderly are not affected. As Insider previously reported, student borrowers over 50 continue to carry decades-long debt, forcing them to postpone retirement, and older Americans who are not yet eligible for Medicare may experience similar issues with medical debt.

Unpaid medical bills have significant financial consequences

Experts also said the financial consequences of defaulting on medical debt, such as student loans, can be devastating. Haynes cited liens on a person’s home — a legal claim on property that can be used as collateral to pay off a debt — as one way medical debt can become parasitic. If you fail to meet your student or medical debts, lenders can also take a portion of your salary directly, if possible. 25% of this one.

“People are less likely to get a loan, and there are aggressive collection practices like lawsuits,” Ruth Lande, vice president of hospital relations at RIP Medical Debt, a health-focused charity, told Insider. elimination of personal medical debt.

Lawsuits for medical debt are more frequent than those for student debt, but both sweat. And although medical debt is the most common commercial line of collections in the United States, this also occurs for student loans. And collection agencies often employ forceful tactics for both. According to the National Consumer Law Center, collectors often misrepresent the rights of borrowers, and government oversight of collection agencies is generally weak.

“There are a lot of things we don’t see because of the opacity of the medical industry”

Recent legislation aimed at tackling student debt is a helpful first step, but only scratches the surface of debt.

The law without surprise entered into force this year, which aims to limit surprise billings under certain conditions, was one of the measures taken by the federal government. Senator Bill Cassidy called it “an important step in our efforts to reduce health care costs.” Additionally, three major credit bureaus have chosen to remove 70% of medical debt from credit reports, after working with the Consumer Financial Protection Bureau.

In April, the White House also unveiled ways to help Americans with medical debt, including increasing oversight of inaccurate medical bills and equipping consumers with educational tools to help them manage confusing billing practices.

They ease the burdens that many Americans face, but have blind spots, advocates said.

Haynes pointed out that a lot of medical debt is paid by credit card, meaning it’s not recorded as medical debt — it’s anonymized as credit card debt. This means that medical debt paid with credit cards will still show up on credit reports in the future.

Lindsey Muniak, medical debt program manager at Debt Collective, a debtors syndicate and nonprofit organization, told Insider that while nonprofit hospitals receive billions of dollars in tax breaks for providing ‘charity care’ to low-income patients hospitals often skimp on, The Wall Street Journal reported This year. A majority of American hospitals are not-for-profit. She wants the IRS to set clearer guidelines for vetting hospitals, she said.

“There are a lot of things that we don’t see because of the opacity of the medical industry,” Muniak said.

Letter: Carson does not work for Davis


by Scott Stewart

I hope the voters of District 1 agree that Dan Carson did not deserve a second term on city council.

If you were for a Davis Innovation and Sustainability Center (Measure H), then you should know that Dan Carson’s lawsuit, against other Davis residents opposed to Measure H, (a lawsuit that Carson technically lost), was a So obvious an attack on Davis’ civic engagement that the lawsuit alone sank Measure H.

If you were for Davis’ energy independence, know that Dan Carson led the behind-closed-doors effort to allow BrightNight to control Davis’ land rights for $50,000 a year, while the value of electricity at life of the solar project for the site was estimated at be $120 million. No one, including Dan Carson, Brett Lee, or any city employee reviewing a deal, had experience in commercial solar development.

The Davis Utility Commission voted (5 to 2) for the city to withdraw from the BrightNight deal. Davis solar and energy experts condemned the decision. Public calls for cancellation were ignored and publicly reprimanded by Dan Carson. (Davis Enterprise April 21, 2020)

The BrightNight solar fiasco and the Measure H lawsuit have generated a lot of ink, paid attorneys’ fees and lost opportunities. Dan Carson’s actions have invoked the unprecedented condemnation of seven former mayors: Krovoza, Davis, Corbett, Greenwald, Wagstaff, Evans and Kopper. (Davis Enterprise April 27, 2020 and May 18, 2022)

Carson continues to insist that his experience as a former California state budget analyst should pave the way for acceptance of his good judgment. Except as the record shows, Dan Carson lacks good judgment and disrespects shared decision making.

It’s time for District 1 to have a different representative. Candidates Kelsey Fortune and Bapu Vaitla are excellent candidates. Please don’t vote for Carson.

Wolfpack crosses ahead of Huskies – The North State Journal

North Carolina State’s Devin Carter (88) stiff-arms Connecticut’s Chris Shearin (10) following a reception in the first half of an NCAA college football game in Raleigh , North Carolina, Saturday, Sept. 24, 2022. (Karl B DeBlaker/AP Photo)

RALEIGH — On a day when every other FBS team in North Carolina was beaten, NC State took care of its business by manhandling UConn in a 41-10 win at Carter-Finley Stadium.

With Tobacco Road undefeated UNC, Duke and Wake Forest all suffering losses, and App State, ECU and Charlotte suffering losses, the 12th-ranked Wolfpack proved too much for the outclassed Huskies.

“I think we’re hitting a lot of cylinders that we wanted to,” coach Dave Doeren said. “I think we are well placed. There are always things that can be better, but the things I was disappointed about a week ago have been fixed in this game.

The Wolfpack immediately set the tone for the entire evening, scoring on the opener of the game when junior quarterback Devin Leary connected with graduate receiver Thayer Thomas for a 75-yard touchdown.

Leary had a solid performance, throwing for 320 yards and four touchdowns. The junior quarterback threw for more yards (149) and touchdowns (1) in the first quarter than he did in all of last week’s win over Texas Tech (121 and 0).

Leary also did a good job spreading the ball by connecting 10 different receivers. Four of them had touchdown receptions, including junior Keyon Lesane and second Porter Rooks, both of whom had their first career scores.

“I think this is the perfect time,” junior redshirt receiver Devin Carter said of the receivers starting to click with Leary. “We worked very hard in training, so every time you train on something game-related, it clicks. It just happens. I think it does honor to our practice.

Leary was not without fault, however, as he ended the first half by throwing an interception directly to a UConn defender in the middle with less than a minute to go, allowing the Huskies to kick in a goal on the field for a 31-3 Wolfpack. lead at halftime.

The interception marked the end of five straight drives for NC State and was one of two scoreless drives while Leary was in the game.

The only other drive the Wolfpack didn’t score on was a false field goal run attempt – while leading 31-3 in the third quarter – by kicker Christopher Dunn that failed and ended with Dunn in the injury tent. Dunn did not return to the game, but Doeren was unconcerned.

“He’s good,” Doeren said of Dunn’s status. “I don’t think he’s been tackled for a long time. It was good to have Collin Smith there and give him an opportunity, but Chris will be fine.

Wolfpack’s second-year running back, Demie Sumo-Karngbaye, was also poised to establish himself as the team’s top running back, rushing for 49 yards and a touchdown on four attempts, before a Upper body injury ruled him out early in the game.

“Demi is fine,” Doeren said. “He was in pain. Plan for his return. If it was a different type of game, we probably could have played it today.

For a day, the Wolfpack’s offensive woes seemed resolved, but it’s hard to gauge the state of NC State’s offense against a weak opponent who was more than a five-touchdown underdog.

NC State’s defense, however, was as good as ever, stopping two fourth-down conversion attempts and limiting the Huskies to just 39 passing yards and 121 rushing yards. The Wolfpack had two sacks, forced seven outs and didn’t allow a touchdown until less than four minutes remained in the game and the field was filled with reserves.

“I think [confidence] is really important,” junior linebacker Drake Thomas said. “We are proud of the way we play. We want to play aggressive, we want to play hard, we want to play physical, but we also like to play confident. We like to play with a bit of swagger. I think that’s the key to our defense and who we are. Going out there to make plays and three-and-out after three-and-out is a confidence booster for sure.

The Wolfpack’s offense and defense will be really challenged next week when they travel to Death Valley to take on No. 5 Clemson on Saturday in an early-season game that will establish a favorite in the ACC.

“It will be a big challenge, a big opportunity,” Doeren said. “We did the things that I wanted to improve on and there are going to be a lot of things that we have to do well to win this game, but we are delighted with this opportunity. It’s a great environment to play there and it’s going to be one hell of a game of football.

Cryptocurrency Trading Strategies During a Correction – CryptoMode


Corrections are natural and happen in all markets, so having a solid investment strategy is essential. No matter how optimistic one is about the long-term prospects of a specific investment asset, especially cryptocurrency, it is essential to consider both scenarios, a breakout up or down .

Unfortunately, many people who trade crypto do not have a detailed plan to follow during a correction, and as the saying goes, “Failing to plan is planning to fail.”

While not every correction leads to a stock market crash, all cryptocurrency crashes start with a correction. So, a crypto trader must know the strategies to follow during one. This article covers the basics of market corrections and crypto trading strategies to adopt.

What is the market correction?

A market correction is a fall in the price of an asset. There is no limited time range for a corrective stretch; it can last from a few minutes to years.

This happens cyclically in all markets (not just the crypto market) and can be triggered by the slightest bit of negative news. Corrections always signal that the asset has derailed from its predicted trend. Sometimes it may turn up, but some may lead to a bear market.

What are the causes of the corrections

There are many reasons why a correction can occur in a crypto market. Here are some of the causes:

  • Irrational Exuberance: This is when the market shows a positive trend and traders are confident in their predictions that the price of crypto will continue to rise. But this is not the case as the cryptocurrency price starts falling for a while and traders start panic selling; this is when a correction has occurred. Then the forces of demand and supply balance out so that prices rise again.
  • Other causes include:
  1. trade wars
  2. A downturn in a country’s economy
  3. Political unrest
  4. Insider trading
  5. Market makers controlling the market

What crypto trading strategy to adopt during a correction?

You can use various strategies to avoid any losses that may occur in the market during a correction. However, every crypto trader should have a strategy mapped out if a correction occurs. This will avoid unnecessary losses and minimal profit.

These strategies will show you what to do when a correction occurs instead of acting rationally. Crypto trading strategies to use during a correction include:

Removal of exposure

This is the first strategy, where you prepare for the appearance of a correction. This can avoid large losses and poor performance. Once you have noticed the shape of a downtrend, it may be a good idea to lower your exposure. Or, when the oscillator drops, you might want to consider your long position on the trade.

Closing part of your long position instead of all of it in case the correction re-establishes itself and the price rises again has proven to be a winning strategy. It also helps to solve one of the biggest problems for traders, namely cutting short their winning positions. With this method, you get the best of both words.

Buy the dip

The second strategy to follow during a correction is to have enough savings to buy cryptocurrency sold at a discount. This means buying crypto from panicked traders while ignoring fake news and analysis, otherwise known as buying the dip.

This strategy is more about acting after the correction has started. As soon as the crypto market corrects lower, technical support levels such as longer and shorter term support levels begin to break. But the longer term support level lasts better than the short term. So, look for longer-term support levels on your chart and take advantage of the correction by subscribing there.

Recurring purchases by fixed sums

This strategy involves periodically deploying a fixed amount of money and investing it in the market without regard to the current state of the market. Dollar cost averaging helps crypto traders practice excellent investing skills such as patience and discipline. The DCA has proven to be effective and can offer a significant return when the market correction reverts back to a bullish formation.

The cost average also divides your entire investment, initiating a systematic entry. This strategy is a solution to the volatile nature of cryptocurrency, as you can reduce the effect of volatility on your portfolio. For those looking to automate this process, tools such as a DCA trading bot are available. This bot automates the DCA process allowing for a shorter time scale than the traditional DCA method, while allowing the trader to reap all the benefits and more!


Following the best crypto trading strategy during a correction mainly depends on the trader’s risk appetite and preference. Traders who take risks will try to stake their crypto for liquidity. In contrast, conservative traders will save their cryptocurrency in anticipation of the resumption of the market correction.

Regardless of your type of trading psychology, make sure you have an elaborate trading strategy to combat a market correction. This will protect your investment from unwanted losses.

CryptoMode produces high quality content for cryptocurrency companies. To date, we’ve provided brand visibility for dozens of companies, and you can be one of them. All our customers appreciate our value for money ratio. Contact us if you have any questions: [email protected]

None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses incurred while acting on the information provided on this website by its authors or customers. No advice should be taken at face value, always do your research before making financial commitments.

City letter about potential CUPE strike sent in error – Winnipeg Free Press


Some Winnipeggers who have signed up for swimming lessons and other recreational guiding programs have been inadvertently told that the city is not responsible for any inconvenience they would suffer if city workers striking.

The city sent out a notice on Thursday addressed to “customers of the City of Winnipeg Recreation Services,” noting that the government is preparing for a possible labor disruption and may not be able to meet its recreation agreements if it happens.

“City services, features and support may be unavailable during this time. It’s unclear what effect the labor disruption will have on the city’s ability to enforce the terms of the agreement. The city is not responsible for any inconvenience, nuisance or discomfort this may cause you,” the document states.

CUPE Local 500 / TWITTER

Local 500 of the Canadian Union of Public Employees, the city’s largest union, recently set up a strike headquarters to prepare for a possible strike.

It also warns recipients, “you may have to cross a picket line to access any property in the city”, in the event of a strike.

Local 500 of the Canadian Union of Public Employees, the city’s largest union, recently set up a strike headquarters to prepare for a possible strike. The union represents approximately 4,900 City of Winnipeg workers, who provide key services to pools, libraries, 311, public works and water and waste.

Workers voted 93% in favor of a strike mandate in July, but have yet to walk off the job.

The city’s notice was posted on social media, where a Reddit user pointed to the claim that the city is “not responsible” for the potential disruption. Some commentators have criticized the city for not paying workers enough to avoid the threat of industrial action.

A post deemed the letter redundant, alleging that parents are already aware that “the city is not responsible for any inconvenience” after long delays in registering for leisure guide swimming lessons last month.

In a written statement, a city spokesperson said the email was accidentally sent to some residents who signed up for recreation activities, when it was only intended for recreation contractors in the city.

“The city distributed this letter in error to residents who hold memberships at our recreation facilities and a segment of residents enrolled in recreation guide programming. We will issue a correction, letting them know that the city will abide by the terms and conditions of their memberships and program registrations in the event of a labor disruption,” wrote Felicia Wiltshire, the city’s director of communications.

Wiltshire said the city has begun efforts to maintain critical and essential services in the event of a strike.

However, the statement said it was premature to talk about possible disruptions in service, if the workers left the job.

[email protected]

Twitter: @joyanne_pursaga

Joyanne Pursaga

Joyanne Pursaga

Born and raised in Winnipeg, Joyanne loves telling the stories of this city, especially when it comes to politics. Joyanne became a reporter at City Hall for the Winnipeg Free Press in early 2020.

NM candidate removes offer to donate guns for $100

Audrey Trujillo, the Republican candidate for Secretary of State of New Mexico, woos voters during a campaign rally in Rio Rancho, NM on June 24, 2022. Trujillo on Thursday, September 22, 2022 deleted a flyer online campaign that offered the chance to receive a gun in exchange for campaign donations in apparent violation of state restrictions on raffles. State gaming regulators say the matter was resolved voluntarily. (AP Photo/Morgan Lee)

SANTA FE — New Mexico’s Republican nominee for secretary of state has removed an online campaign flyer that offered the chance to receive a gun in exchange for $100 in donations to her campaign.

The ‘gift’ offer of firearms on a Facebook campaign website for candidate Audrey Trujillo appeared to violate a state ban on using raffles to raise money for someone standing for election.

Contacted by The Associated Press on Thursday, Trujillo said she was withdrawing the firearms flyer out of concern that it might not be compliant. She said her campaign would offer reimbursements for any possible contributions related to the gun supply.

Trujillo is challenging incumbent Democratic Secretary of State Maggie Toulouse Oliver in the November general election for the post of New Mexico election regulator who also oversees campaign finance and ethics provisions. The small-business owner from Corrales is campaigning for large-scale election changes as part of the US First Secretary of State’s coalition.

Trujillo said she was aware of the restrictions on sweepstakes for campaign purposes and simply intended to donate a gun that was provided to her campaign in honor of constitutional law to bear arms. She said the review was posted without her review and she took it down after seeing the wording.

“I know…for a fact we’re not supposed to do raffles or sell anything – it was a given,” Trujillo said. “We removed it immediately. We don’t do this because we want to make sure we comply.

The campaign flyer, with an image of Trujillo, advertised a gun giveaway in October and that, “with every $100 donation, you will be entered for a ticket. Only 200 tickets will be sold… the winner is responsible a background check fee A QR code was linked to a campaign contribution processing website.

The gun shown in the flyer was a 12-gauge semi-automatic shotgun with a magazine for multiple rounds.

Trujillo campaign manager Freddie Lopez said the campaign spoke with an official from the state Gaming Control Board to advise the agency that the gun offer had been removed.

“It was a mistake on our part, and we corrected it,” he said.

Gaming Control Board staff representative Richard Kottenstette said the agency was happy with voluntary compliance so far after an enforcement officer contacted Trujillo’s campaign manager to confirm that the notices of campaign had been removed, with no apparent campaign contributions being received.

“It was made public before that political campaigns should not use raffles for fundraising,” he said. ” It is over there. It’s not hard to find.

Guide to Friday Day Trading: 4 Stocks to Buy or Sell Today — September 23


Today’s trading guide for Friday: Weak volatility continues to support Dalal Street bears and major benchmarks ended in the red zone for the second session in a row. The Nifty 50 index lost 88 points and closed at 17,629, BSE Sensex plunged 337 points and closed at 59,119 while the Bank Nifty index finished 572 points lower at 40,630 levels.

According to stock market watchers, a small positive candle formed on the daily chart at the lows, with an upper and lower shadow. Technically, this pattern indicates a high wave type candle pattern formation. Normally, such a high wave formation after a reasonable upward or downward move acts more often as a reversal pattern, after the confirmation. There is therefore a possibility of a rebound in the short term.

Stock market today: Nifty outlook, Bank Nifty

“Nifty’s short-term trend continues to be choppy. Thursday’s support candle formation and overall chart pattern signal the possibility of a near-term bullish bounce. Immediate support for NSE Nifty is placed at 17530 and the next overhead resistance to watch at the 17750 level,” said Nagaraj Shetti, technical research analyst at HDFC Securities.

On what is hurting bull sentiment, Ruchit Jain, Lead Research at 5paisa.com, said, “The Bank Nifty Index corrected sharply as traders were seen unwinding positions in the space that had shown relative outperformance in the recent past The trigger for the markets was led by the currency which saw a break after the consolidation of the last few weeks and depreciated sharply to reach new lows Our equity markets have recently outperformed the global markets mainly due to the outperformance of the INR despite the rise in the dollar index.a forex move above 80 certainly does not bode well for the equity market and hence the risk continues to remain high in the short term.”

Ruchit Jain continued by adding, “Momentum readings on Bank Nifty, which has been the relative outperformer so far, also turned negative. Immediate support for the Bank Nifty index is placed around its support” 20 DEMA” of 40245 and a violation of this could then lead to further price correction. Traders are advised to closely monitor the movement of currencies and global markets which are likely to dictate short-term movements.

Nifty call put option data

Speaking on the Nifty call sell ratio, Shilpa Rout, Principal Derivatives Analyst at Prabhudas Lilladher, said: “The Nifty options chain for weekly expiry reflects a wide range between 16000 and 19000 zones, as the maximum contract additions sit at 16,000PE – over 90,000 contracts and 19,000 CE – over 1.4 lakh contracts. either side will show more movement for the INDEX in the future.

Bank Nifty Call Put Options Data

“The Bank Nifty Future Option channel reflects that PE writers are active at 40,000/39,500 strikes – overall above 50,000 contracts each, CE writers continue to be aggressively active through 45,000 strikes – the highest new additions of over 40,000 contracts,” added Shilpa Rout.

Day trading stocks

On stocks to buy today, equity market experts – Mehul Kothari, AVP – Technical Research at Anand Rathi and Ravi Singh, VP and Head of Research at Share India – have listed 4 buy stocks or sale for today.

Mehul Kothari’s action recommendations

1]Tech Mahindra: Buy on 1049 target 1090, stop loss 1030

2]Gujarat Gas: Buy on 520 target 560, stop loss 500

Ravi Singh shares to buy today

3]Titan Company: Buy on 2740 target 2850, stop loss 2700

4]Ashok Leyland: Buy on 164 target 175, stop loss 161.

Disclaimer: The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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SoCal Banks receives $330 million for small business loans and support | KFI AM 640

SoCal Banks receives $330 million for small business loans and support |  KFI AM 640

LOS ANGELES (CNS) — Six Southern California financial institutions were named Wednesday as recipients of nearly $330 million in federal funds intended to provide loans and other assistance to small and business-owned businesses. to minorities.

Rewards from the emergency capital investment program funds were among $671 million distributed to 10 institutions across California, and nearly $9 billion nationwide, according to the U.S. Treasury Department.

According to the department, the funds are designed to enable financial institutions to “provide loans, grants and forbearance to small businesses and minority consumers, particularly in low-income and financially underserved communities that have the most struggled during the COVID-19 crisis.”

The Southern California institutions receiving funds were:

— Broadway Financial Corp., Los Angeles, $150 million;

— Federal Episcopal Fellowship Credit Union, Los Angeles, $38,000;

— Financial Partners Credit Union, Downey, $35 million;

— New Omni Bank, Alhambra, $39.9 million;

— Orange County Credit Union, Santa Ana, $35 million; and

— PCB Bancorp, Los Angeles, $69.1 million.

Speaking to reporters on Wednesday, Vice President Kamala Harris praised national grants, saying success for small businesses “requires access to capital.”

“To buy, for example, inventory, you need capital; to make a down payment, to hire employees,” she said. “So to grow, these smart entrepreneurs just need access to capital. They have ideas. They have the capacity and the means to work hard, but they need access to capital.”

She noted that minority-owned business owners often face tougher hurdles when applying for loans, “even when they have similar credit profiles to other applicants.”

Meanwhile, the Treasury Department also announced on Wednesday that California would receive up to $1.1 billion from the State Small Business Credit Initiative, authorized under US bailout legislation.

The funding — $10 billion in total nationwide — is designed to enable states and other government entities “to increase access to capital and promote entrepreneurship, particularly in traditionally underserved communities as they emerge from the pandemic,” according to the Treasury Department.

“California is home to the largest and most diverse small business community in the nation,” Governor Gavin Newsom said in a statement responding to the funding award. “We are a state that is driven by innovation and small business entrepreneurship – that is why we have invested billions of dollars to help our businesses recover from the pandemic and to give more Californians a chance to achieve the California Dream. With this funding, underrepresented and underserved business owners will have greater access to the critical financing they need to succeed and thrive.”

Copyright 2022, City News Service, Inc.

Annual home sales rose 7.6% in August


The number of home sales in August was 7.6% higher than the same month a year earlier, according to HM Revenue and Customs (HMRC).

An estimated 104,980 property transactions took place in the UK in August, 1.1% more than in July and 7.6% more than in August 2021.

A stamp duty holiday, which ended last year, skewed the year-on-year figures.

Spikes in house sales were recorded in June and September last year as the ‘zero rate’ stamp duty holiday band was gradually reduced, as the break was phased out, and Homebuyers rushed to strike deals to maximize stamp duty savings.

The HMRC report said: “August 2021 fell between two transaction peaks in June and September 2021, causing non-seasonal trends over this period.”

A Times report, ahead of the government’s mini-budget on Friday, suggests further stamp duty reduction plans are in the works, as part of efforts to spur economic growth.

The Bank of England is expected to raise the base interest rate further on Thursday, pushing up costs for some mortgage borrowers.

Financial experts have suggested that the rate could rise from 1.75% to 2.25% or even 2.50%.

Gareth Lewis, commercial director of property lender MT Finance, said: “With interest rates likely to rise in the new year, potential buyers who make the sums will find that their monthly payments will be that much higher. , which will deter them from buying a property.

“As transactions take around three months, these numbers reflect activity at the start of the year. It will be interesting to see where the statistics stand at the end of the year, once the rising costs of and mortgages will have had an impact.

Jeremy Leaf, a North London estate agent and former residential chairman of the Royal Institution of Chartered Surveyors (Rics), said: ‘Despite anomalies resulting from comparisons with last year, sales are still broadly in line with historical averages of August pre-Covid. Transactions, rather than more volatile property prices, are always a better indicator of future activity.

“There is no sign of a price correction yet, but it is clear that the government is sensitive to even a relatively small drop in transactions, prompting talk of lowering the stamp duty.”

Matthew Thompson, head of sales at London estate agent Chestertons, said: “Despite rising interest rates and the cost of living crisis, August remained a busy month for the London property market. . The number of buyer inquiries alone is up 35% from August of last year.

“One of the drivers of housing demand is the return of professionals who are looking for a property closer to their work.”

Jason Tebb, managing director of property research website OnTheMarket.com, said: “Our own data indicates that sentiment remained positive in August, with 79% of sellers confident they could close a sale within three months. “

Andrew Montlake, managing director of mortgage broker Coreco, said: “While we are likely to get a big rate hike this week, for many people it will still be cheaper to own than to rent and that is driving growth. ‘activity.

“The news that the stamp duty is about to be reduced is likely to ignite a match below transaction levels. However, if it pushes prices up further, it certainly won’t help first-time buyers who are already dealing with rapidly rising mortgage rates and increases in the cost of living.

“Get it right, though, and in the medium to long term we might just see a market with more transactions rather than a market where the stamp duty acts as an additional deterrent to moving.”

Wednesday’s Daily Trading Guide: 6 Stocks to Buy or Sell Today – September 21


Today’s trading guide for Wednesday: After showing a sustained bullish rebound from lower support levels on Monday, the Indian stock market saw a bullish move with high volatility on Tuesday and closed the day higher for the second session in a row. NSE Nifty closed 194 points higher at 17,816, BSE Sensex gained 578 points and closed at 59,719 while Bank Nifty finished 563 points higher at 41,468. All indexes ended on the positive side in Tuesday’s session, with the pharmaceuticals, healthcare and consumer durables sectors leading the way.

According to stock market experts, strong global signals and steady foreign flows are helping Indian markets outperform their emerging and Asian market peers. They said a small positive candle formed on the daily chart with a rising open and a long upper shadow. Technically, there is strong overhead resistance around the 17,900-18,000 levels in this signal. The chart pattern could also point to a weak rebound to the upside over the past two sessions from recent low highs. They added that after an upper low formed on Monday at 17,429 levels on Monday, the current high of 17,919 signals a possible lower upper formation, which needs to be confirmed with weakness in the following session.

Stock Market Today: Technical Outlook

Speaking on the Nifty 50 Technical Outlook, Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said: “The bounce higher in the last two sessions could be a relief rally after strong weakness from the highs. If Nifty fails to break above 17,920 levels in the short-term, we can expect a new cycle of weakness from the highs towards the 17,450 levels. Above said hurdle, the market might encounter the next resistance around 18,100 levels.

“If we look at the short-term charts, the recent Nifty correction has led to a breakout of a ‘Rising Wedge’ pattern on the daily chart and momentum readings have given a negative crossover of the overbought zone. This has already turned the short-term trend lower and due to the oversold setups on the lower timeframe chart, we have seen a pullback in the last couple of trading sessions, therefore risk continues to remain high and up. “Until we break above the 18100 level, we are not off the hook,” said Ruchit Jain, Lead Research at 5paisa.com.

Ruchit Jain of 5paisa.com added: “In our outlook on Monday, we mentioned the likelihood of buying interest in the defensive sector such as Pharma. Volatility expectations ahead, this sector should experience some relative outperformance in the near term. »

Nifty call put option data

“Clever options chain for weekly expiry reflects PE editors adding highest exposure at 17000CE overall, over 1.5 lakh contracts (with highest new additions more than 65,000 contracts also), followed by 17800PE – new additions of more than 50,000 contracts. “a lakh of contracts as well. The PCR OI at 17800 being comfortably above 1, shows signs of strength for the index,” said Shilpa Rout – Principal Derivatives Analyst at Prabhudas Lilladher.

Nifty Bank Call Put Options Data

Prabhudas Lilladher’s Shilpa Rout added: “The Bank Nifty Future Option channel reflects that PE writers are active at 41,000 strikes – broadly above 65,000 contracts, followed by 41,500 CE – the most recent additions from more than 40,000 contracts. CE drafters active at 42,000/43,000 strikes – nearly one lakh contract each.”

Buy or sell stocks for today

On stocks to buy or sell today, the stock market experts — Sumeet Bagadia, executive director at Choice Broking; Mehul Kothari, AVP – Technical Research at Anand Rathi and Ravi Singh, VP and Head of Research at Share India – listed these 6 stocks.

Sumeet Bagadia shares to buy today

1]Dr Reddy’s: Shop at CMP, target 4325 to 4400, stop-loss 4100

2]Eicher Motors: Buy from CMP, objective 3850, stop-loss 3620

Mehul Kothari stocks to buy today

3]IndiGo: Buy on 1905 target 1970, stop-loss 1860

4]Bajaj Auto: Buy on 3770 target 3870 stop loss 3710

Ravi Singh’s stock picks for Wednesday

5]Metro Brands: Buy at 875, target 920, stop loss 855

6]Deepak Nitrite: Buy on 2175 target 2240, stop loss 2150.

Disclaimer: The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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I’ve paid off student loans, but I support help for those who can’t


In December 2019, my husband submitted his last student loan payment. From the time we got married and started attacking those student loans as a team, it took us 18 months to pay off $51,234.51. Of this debt, $34,134.51 was federal loans and $17,100 was private. There’s not a part of me that blames the millions of Americans who are about to receive $10,000 to $20,000 in student loan relief.

From the outside, it looks like my husband and I “got off the hook” to pay off that debt and heck, if we did, all student borrowers should too. But that’s just not a practical, kind, empathetic, or, frankly, reasonable response.

When it comes to the “bootstraps” story, it’s important to recognize that my husband and I were collectively earning in the six figures and had no other debt besides his student loans. Granted, we live in one of the most expensive cities in the country, but during this time we still had enough flexibility in our budget to aggressively pay off student loans and live our lives. There was no rice or beans. We still took vacations, went out to dinner, invested in our retirement plans, and had a healthy emergency savings account.

However, this strategy of accelerated earning while balancing a well-balanced life would not have been possible without getting married. Well, that’s not entirely true – I could have helped pay off his debt as an unmarried couple, but I didn’t and I’m not advising anyone to do so. My husband could not have afforded such an aggressive repayment strategy, even living a modest life, on his salary alone, which included overtime. In fact, getting married had a negative impact on her monthly payments.

My husband, like many others with federal student loans, followed an income-based repayment plan, which caps your monthly payments based on a percentage of your discretionary income. This means that those who do not earn a high salary but have large loans will have an affordable payment relative to their income. However, filing a joint tax return meant that my income was factored into the calculation and his minimum monthly payment had increased significantly.

We made the decision to aggressively repay student loans based on what was in our best interests as a family and our sanity. Wiping off his private loan made mathematical sense, but giving up federal student loan debt at a rapid pace didn’t make much sense on paper, especially since my husband was eligible for two different forgiveness programs through his work as a student. ‘teacher. Forgiveness programs, depending on the type, eliminate some or all of the remaining federal student loans after a certain number of services.

If we had chosen not to repay his federal loans aggressively, we could have paid down debt slowly on his income-driven repayment plan, and then we ended up enjoying 2 and a half years of a break on payments during the pandemic that would still have counted towards his pardon eligibility. That would have been thousands of dollars back in our bank account with a credit for the remaining balance canceled – plus the $10,000 relief.

But for me, there are no regrets.

We decided not to pursue forgiveness programs given the restrictions that would have kept my husband’s career in a particular type of waiting pattern for five years to a decade, depending on the program. For example, the civil service forgiveness program requires you to work for a government or non-profit organization for a decade before your loans can be forgiven. This means that if you have the ability or desire to enter the private sector before the end of your ten-year commitment, you will forfeit the ability to have your federal loans forgiven. This is a significant request that could have long-term consequences for someone’s career and potential earnings.

Then, at the start of the pandemic, my income started to hit rock bottom, and it was a huge relief to be at least debt-free at a time when everything seemed so unstable. Once the income issues passed and financial stability returned, I still felt grateful that we were able to get rid of debt anxiety.

Listen, I know some may still have problems – and my anecdotal story probably won’t change your mind – but this is a nuanced problem with no perfect solution. The decision to provide one-time lump-sum relief may be a flawed option, but it will provide a much-needed financial lifeline for many Americans, some of whom did not fully understand the consequences of taking out tens of thousands of dollars in student loans.

Historically, little or no meaningful education was provided to student borrowers. It was simple for people to access thousands of dollars in loans and not fully understand how much interest would accrue or even the true likelihood of gainful employment upon graduation. You could have made an informed decision based on the data and your employment situation might not have resulted in the salary you needed to stay on top of your student loans.

It’s easy to put a 2022 target on this, but I signed up in 2007 – before the financial crisis – and I’m in the middle of millennials. How many millennial seniors were sold a bill about career opportunities and the need for college only to end up being part of the mass layoffs and bottoming job market during the Great Recession? Then, when they finally started to feel some level of respite and financial stability, they were hit in the mouth by the pandemic.

Of course, there is plenty of information and resources available for someone to be proactive and do their own research. But we have to be realistic about whether the average 18-year-old makes rational, practical decisions rather than emotional ones. Even parents can push to go to the most prestigious school, no matter the cost. It’s also frustrating how many people point to “useless degrees” and “fancy schools” as if they’re the only graduates who will get help. It’s not just liberal arts majors who struggle with the burden of student loans. It is also irrational to expect everyone to be a STEM major.

For many, the concern is who will bear the financial burden of this student loan relief. Will it be the average taxpayer who did it to pay off student loans or never even accepted them? It’s unclear right now, and it’s understandable that people are concerned about their own wallets being hit to help someone else. However, there are many ways in which people’s taxes support systems where they receive little or no personal benefit, but help the community at large.

It’s always been strange to me how a contingent of people feel determined to make those who come behind them struggle in exactly the same way. We all know that life isn’t fair, and some of us will have breaks at certain times in our lives or receive moments of luck that others simply won’t. But it’s a strange phenomenon to want people to struggle just because you had to too. It is also a mistake that the next generation even has the opportunity to follow in the footsteps of its predecessors.

Will there be some of the relieved people who maybe could work harder? Sure. But will millions of Americans have a lifeline who have worked overtime or multiple jobs or had unfortunate situations that cost money? Certainly. Just because some people haven’t “deserved” relief from your personal metric doesn’t mean the many hard-working, struggling people shouldn’t get help.

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Erin Lowry is a Bloomberg Opinion columnist covering personal finance. She is the author of the three-part “Broke Millennial” series.

More stories like this are available at bloomberg.com/opinion

Letter to the Editor: Easton Ratings Gone Terribly Wrong | Letters


I hear there are a lot of disgruntled landlords and a lot of people paying vastly increased taxes. My story may not be unique but seems so unfair. Let me explain.

Undervalued before, I agree, but a data error has now grossly overvalued my property.

My house is about 1,947 square feet, built in 1990. The tax roll has always correctly reflected the square footage. During the reappraisal, the square footage of my house was increased to 2,906. Why this was done and randomly accepted is the perplexing question and it had a profound impact. My school taxes went from $4,711 to $8,900.

I never received the letter from GAR that my rating had increased, so I never had the opportunity to challenge the rating in the spring of 2022.

I don’t know why this falls under a grievance and not just a correction and recalculation of data points. At the current price per square foot of $157, my assessment is down $150,000 and my school taxes are only up $6,200. I’m happy to pay my fair taxes, but now I’m paying an extra $2,000 for incorrect data used in the assessment and I still have to fight next year. PS: I will also have to pay property taxes in January based on the incorrect square footage.

People also read…

GAR blamed Easton for not having good property records, drone use, and cathedral ceilings, but none of that is acceptable. Everyone is friendly and admits it’s wrong but I have no choice but to pay. I will never be reimbursed for the error. Am I crazy or is this very wrong?

Regina Salerno, Greenwich

Browns make same mistakes, suffer inexcusable loss to Jets


CLEVELAND (AP) — There are losses that can linger and leave marks, some that don’t heal as quickly.

The Browns may have suffered one with an unimaginable giveaway on Sunday.

With less than two minutes left in a 2-0 start in front of a raucous home crowd in what is supposed to be the “soft” part of their schedule as they await the return of Deshaun Watson, the Browns imploded, crumbled, crumbled. disintegrated, broken.

Leading by 13 points, they gave up 14 in 60 seconds in a still hard-to-understand slump and bagged a 31-30 victory for the New York Jets, who, to their credit, never stopped fighting until until zeros appear on the FirstEnergy Stadium Scoreboard.

The Browns played 58 minutes and retired.

“It’s tough,” said All-Pro left guard Joel Bitonio, who thought he’d seen it through nine seasons with Cleveland. “Every loss is tough. This one was particularly tough. We thought we had it in the bag. We just didn’t do enough.

It’s being nice.

The Browns’ errors in the final two minutes were baffling for a professional team. No wonder they heard boos leaving the field. They won them.

All-Pro defensive end Myles Garrett felt the negativity was extreme. Bitonio wouldn’t go there.

“They invested their hard-earned money to support the team and they were frustrated and disappointed, just like we were frustrated and disappointed,” Bitonio said. “Let’s hope we don’t give them a reason to boo in the future.”

Only in Cleveland has been a slogan of both civic pride and embarrassment for years. Well, consider that through Sunday, NFL teams had won 2,229 straight games leading by 13 with two minutes left.

The Browns ended the streak. They also launched it in 2001.

Whether it was running back Nick Chubb scoring on a 12-yard run instead of staying inbounds (he wasn’t told not to) to miss time or cornerback Denzel Ward leaving receiver of the Jets’ Corey Davis getting behind him (he said that wasn’t his mission) for a lightning-fast TD or Cleveland failing to recover an onside kick, there was plenty of blame to share.

Coach Kevin Stefanski must explain why his side let an almost certain victory turn into a crushing defeat

“A tough pill to swallow,” Stefanski said Monday. “The frustration is very, very real when you have a game that you think you can close and we haven’t, so that’s frustration and disappointment.”

The Browns got lucky last week in Carolina. They let a late lead slip away with defensive communication breakdowns that were meant to be cleaned up. Only rookie Cade York’s 58-yard field goal saved them.

But after Chubb scored his third TD on Sunday with 1:55 left and York missed the extra point, the Browns probably committed their worst late-game sins when Ward, perhaps thinking he was receiving valuable security aide Grant Delpit, left Davis. uncovered for a 66-yard touchdown.

“Just one missed cover and we let a guy run free,” Ward said.

The stunning strike gave life and hope to the Jets. The Browns handed it to them.

It would be easier to forgive this type of error if almost the exact same thing had not happened seven days earlier.

It’s on Stefanski, defensive coordinator Joe Woods and secondary coach Jeff Howard, who don’t have much time to patch things up with the rival Pittsburgh Steelers coming to town Thursday.

He must also mend his team’s fractured psyche.

“They (the losses) hurt and I think it’s so important because of that that you have to move on very quickly,” Stefanski said. “That doesn’t mean you don’t own it, that doesn’t mean you don’t make corrections, but you better move on.”


It took a little longer to gain ground, but Cleveland’s running game went 184 yards on New York’s strong defensive front. The Browns’ 401 yards in two games is the most for the team since 1974 (416).


The Browns’ secondary isn’t on the same page or in the same playbook.

For the second week in a row, confusion over assignments resulted in a long touchdown pass at the worst possible time. Ward said he covered the flat on Davis’ play. Delpit was not so clear about his responsibility.

“I’m not going to play the blame game with my teammates so I’m just going to let it go because it was a miscommunication,” he said.

Cleveland’s special teams were also guilty of York’s missed PAT and failure to recover the inbounds kick from the worst offenses. Cleveland was also burned on a fake punt in the first half.


Quarterback Jacoby Brissett rebounded from a nervous opener, completing 22 of 27 passes for 229 yards and a touchdown. He also moved well, rushing for 43 yards — 21 on a late rush — and played the final minutes on a sprained ankle. He should play on Thursday.


Stefanski is second and third guessed for many decisions, starting with him not passing on his offensive playmakers to stay inbounds late. The Jets were out of timeouts and the Browns could have taken three knees and come away with a win before the cavalcade of errors.


Defensive end Jadeveon Clowney will miss Thursday’s game with a right ankle injury. Clowney, who had a strip bag in the first half, went out in the third quarter with a non-contact injury. Stefanski did not provide any details about the injury. … Brissett also injured his ankle, but stayed and is not on the injury report.


.874: The Browns are 118-17 (.874 winning percentage) since 1999 in last-minute games. Only the Raiders (.866) are worse.


Emergency. As difficult as it may be, the Browns need to put this debacle behind them.


More AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL

Cleveland Browns running back Jerome Ford (34) and tight end David Njoku (85) leave the field after losing to the New York Jets in an NFL football game on Sunday 18 September 2022, in Cleveland. (AP Photo/Ron Schwane)

Cleveland Browns head coach Kevin Stefanski leaves the field after his team lost to the New York Jets in an NFL football game, Sunday, Sept. 18, 2022, in Cleveland. (AP Photo/Ron Schwane)

Cleveland Browns head coach Kevin Stefanski watches his team play against the New York Jets in the first half of an NFL football game, Sunday, Sept. 18, 2022, in Cleveland. (AP Photo/Ron Schwane)

With $968m in loans, India overtakes China to become Sri Lanka’s top lender


Overtaking China, India has become the largest bilateral lender to Sri Lanka by disbursing a total of $968 million in loans in four months of 2022, according to a media report.

Notably, with its predatory lending policy, China has maintained its position as the largest bilateral lender to Sri Lanka over the past five years. From 2017 to 2021, China disbursed approximately $947 million. Of the total amount loaned, $809 million was secured in the form of market loans from the China Development Bank, ANI reported citing the Daily Financial Times (FT) report. The report obtained data from public finance.lk.

Read also : Sri Lanka will not participate in any turf wars in the Indian Ocean: President Wickremesinghe

According to the report, the Asian Development Bank (AfDB) has been the largest multilateral lender for the past five years disbursing $610 million in 2021.

Read also : Ex-Sri Lanka Prez Maithripala Sirisena suspects 2019 Easter bombings that left 269 dead

India disbursed $377 million and AfDB disbursed $360 million. The collective amount was equal to 76% of the total disbursements that were made to the island country until April 2022, ANI reported quoting Daily FT.

Read also : India set to secure Lanka port rights

On the other hand, the Permanent Representative of India to the UN, Ruchira Kamboj, informed about the funds that have been provided to Sri Lanka. At a joint annual UNGA debate on the reports of the Peacebuilding Commission (PBC) and the Peacebuilding Fund (PBF), Ruchira Kamboj said that India had provided 4 billion of food and financial aid to Sri Lanka.

“In our immediate vicinity, we continue to help our good friend and neighbor Sri Lanka achieve food security by providing nearly $4 billion in food and cash assistance over the past few months,” Kamboj said.

On top of that, India handed over 21,000 tonnes of fertilizer to Sri Lanka in August. India’s High Commission in Colombo, Sri Lanka, in its tweet, viewed the step as an initiative to enhance friendship and cooperation between the two nations.

Since the arrival of the COVID pandemic, Sri Lanka has been grappling with its worst economic crisis with extreme inflation in the country due to fuel and food shortages. During the crisis, India has been at the forefront in helping the nation and providing economic assistance to Sri Lanka.

The country is also facing an extreme crisis in foreign exchange reserves which has reduced its power to import essential goods, including fuel and food. People witness constant power cuts and gasoline shortages in Sri Lanka.

(With ANI entries)

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NC State tops Texas Tech to stay undefeated, App State wins at buzzer


RALEIGH, NC (AP) — Aydan White returned one of his two interceptions for an 84-yard touchdown to lead a solid defensive effort that carried North Carolina State’s No. 16 past Texas Tech 27-14 Saturday evening. Texas Tech entered as the Bowl Subdivision’s top passing offense. But NC State’s veteran defense frequently harassed quarterback Donovan Smith and shut down any ground game the Red Raiders tried to muster. Demie Sumo-Karngbaye scored two touchdowns as the Wolfpack improved to 3-0. Smith ran and threw to score points to lead the Red Raiders, who had gone 2-0 under first-year coach Joey McGuire.

BOONE, NC (AP) — Chase Brice fired a 53-yard bomb that found Christan Horn’s hands off the point for the game-winning touchdown on the final play of the game and Appalachian State cruised to a 32-28 victory over Troy in a Sun Belt Conference Opening. Brice led Appalachian State (2-1) downfield before an incomplete throw on fourth base from the 2-yard line with 1:13 left in the game. Appalachian State tackled Gunnar Watson on first down for a safety within 28-26 and took over on its own 47-yard line with 15 seconds left after kickoff. Brice’s winning throw came in the fourth and 10th.

DURHAM, NC (AP) — Riley Leonard threw for two touchdowns and ran for two more as Duke continued its strong start to the season by beating North Carolina A&T 49-20. Duke is 3-0 for the first time since 2018. Leonard completed 11 of 12 passes for 155 yards — all in the first half — to go with a team-high 66 yards on five carries. Leonard completed his first 11 passes before being intercepted by Avalion Cole on his last pitch late in the first half. NC A&T (0-3) scored Andrew Brown on field goals for 21 and 41 yards in the first half.

WINSTON-SALEM, North Carolina (AP) — Liberty scored with about a minute left, but No. 19 Wake Forest stopped CJ Yarbrough’s two-point conversion attempt several yards from the goal line for a narrow 37-36 home win. The Demon Deacons’ ground game was ineffective, gaining 21 yards on 26 attempts. So they turned to defense and a passing game, with quarterback Sam Hartman throwing for 325 yards and three touchdowns. Wake Forest remains undefeated. Liberty shot within a point on that fourth 18-yard touchdown from Demario Douglas.

Do you see anything that needs correction? Email us!

Winchester police chief hired after extensive search to fill vacancy


WINCHESTER — After a long hunt and a declined offer, Winchester has found a new police chief for the city — and he has a wealth of law enforcement experience as well as knowledge of Scott County.

“He’s going to be a good candidate and he’s said he wants to get back into law enforcement,” Winchester Mayor Rex McIntyre said.

A special meeting was held Thursday in which McIntyre recommended that the city council hire Steve Doolin as the new police chief and urge the council to elect him.

Council members approved the recommendation and Doolin was sworn in as police chief on Friday morning.

But filling the position was a bit of an arduous search that resulted in an offer being made to former Roodhouse Police Chief Steve Speeks. But, due to the Illinois Municipal Retirement Fund, Speeks declined the offer due to the negative impact it would have had on his retirement.

“He wanted to take the offer, but he would retire if he came here,” McIntyre said, adding that on Sept. 9 he announced the offer had been declined after Speeks checked with the secretary of the House. state police about his retirement.

The main reason is that the state pays a higher rate in retirement funds than cities, McIntyre said.

Acting quickly, McIntyre and the city council members quickly remedied the situation and found Doolin who worked for the Illinois Department of Corrections and was previously a deputy in west central Illinois.

“He graduated from Routt and was previously the deputy for Scott County,” McIntyre said.

Moving quickly to fill the void at the city’s police department, McIntyre said he “didn’t want to wait any longer” because even though crime was low in the city, he didn’t want to temper fate by having less. officers. .

With several part-time officers working for the city, along with Doolin there will now be three full-time police officers. But, McIntyre also wants to see that change soon.

“We have three, including Steve, but I would like to have five full-time agents in addition to the part-time ones,” he said.

The post of police chief has been open since August after the resignation of Winchester Police Chief Caleb Handy.

Letter: Clarification of the 5 key points of zoning | Letters to the Editor


Based on Walter Reynolds’ September 14 letter (“We should pay attention to the Jim Angelos among us”), I recently made an incorrect, albeit inconsequential, assumption, and my purpose, intent, and message do not are unclear. Let me try again.

My incorrect assumption: When reading Jim Angelo’s hardship letter, I assumed he was focusing on the Winnapaug golf course issue. My excuses. Regardless, as I will outline below, my points on the hardships and other considerations on zoning decisions are valid whether discussing Winnapaug Golf, Venice Restaurant, or the extension of your neighbour’s terrace.

My reaction to Jim Angelo’s letter was and remains “yes, and….” I in no way intended to “sting” Angelo. My correction to his letter is to clarify that hardship is only one of the five elements of a zoning decision and is on par with the other four, not superior to them (as suggested by a literal reading of Angelo’s letter). For “cocktail conversation” purposes, we agree.

For the purposes of arguing, for or against, any proposal for waiver, one will be most successful if that case is presented in such a way as to include that: 1. the actions of the proponent did not give rise to the need for the waiver, 2. that the intention and need of the proposer is for something beyond financial gain/transaction, 3. that the waiver, if granted, will not be detrimental to the city or neighbors, 4. that the remedy sought is the least remedy necessary; and 5. that if the difficulties are not resolved, the owner will be deprived of reasonable enjoyment of the property.

I served on the zoning board from 2018 to 2022. Four years with at least 12 meetings per year multiplied by three decisions per night, that’s 144 decisions. As a full member, I wrote and recorded about a quarter of those decisions. By state law and despite any memories one might have of “the western way”, all 144s individually have the five elements listed above.

If you wish to argue for or against a proposal and you do so within the framework of the five elements structure, you facilitate communication with the Zoning Board and enhance the clarity of your point of view in any appeal. If you don’t, you create work and confusion for others, and your argument may get lost in that confusion. It’s a reading list. Use it. This can be crucial for any future call.

Even if Saturday’s meeting isn’t about a particular proposal, council will need to be aware of the factors. Argue your point of view on the zoning change by using them. You will be more efficient.

Finally, Walter Reynolds correctly says that Winn Properties’ presentation of their intent avoids variances, in part by changing the rules on dimensional variances. That said, fueled by petitions and social media, many believe the presentation, and any future proposals, call for a five-story hotel. Use the playlist to structure your arguments, for or against, any order (September 17) or actual proposal (a future date unknown).

Doug Brockway


Pre-market trading: Wall Street dodged a crisis of rail strikes, but there are problems ahead


But that’s not the only potential catalyst for another market sell-off as uncertainty continues to dominate.

What’s going on ? Active investors have had a rough year — more than half of U.S. large-cap equity fund managers underperformed the S&P 500 in the first half of 2022, according to the S&P Dow Jones Indices. Unfortunately, there are many more bumps in the road for investors in the coming weeks.

See here: FedEx shares were down nearly 20% in premarket trading on Friday after the company withdrew financial guidelines it issued just months ago and said it would cut costs as demand for parcels was declining across the globe. The company is considered a gauge of the economy as it has insight into shipments across a wide range of industries.

1. The US Federal Reserve meets next week. Persistent inflation, recession fears and slowing economic growth rattled markets around the world. Today, as major central banks institute aggressive cycles of monetary policy tightening to fight inflation, investors fear they are going too far.

On Wednesday, the US Federal Reserve will announce its decision on its next round of rate hikes. Fed Chairman Jerome Powell, in the face of a very tight labor market and high inflation, sent a hawkish message to investors – indicating that the central bank will probably raise interest rates by another 75 basis points for the third consecutive time.

If the Fed remains aggressive at the expense of economic growth, we can expect months of falling jobs numbers, especially wage data, and widening credit spreads that make borrowing more costly for businesses.

This means higher bond yields, lower stock prices and less chance of a soft landing.

2. Earnings season is approaching. Another risk for Wall Street is the decline in corporate earnings in October.

About half of all S&P500 (INX)companies mentioned “recession” during second-quarter earnings calls, the highest number since 2010. Wall Street estimates for the next quarter reflect that gloom.
Estimates for third-quarter earnings per share have fallen more than 5.5% since late June, according to FactSet data. It’s the biggest one-quarter drop since the second quarter of 2020 (when Covid-19 sent the US into recession).

Charles Schwab analysts predict weaker earnings growth through 2022 compared to last year.

3. War in Ukraine. Markets were buoyed by Ukraine’s advances, but the outcome of the war is far from certain. This should put investors on their toes. Even if the conflict continues to turn in favor of Ukraine, Europe is unlikely to avoid a recession induced by the energy crisis this winter caused by the invasion.

Global flows of basic commodities, including essential supplies of fossil fuels, food and fertilizers, continue to be hampered no matter which side wins the fight. A new report from S&P Global Ratings estimates that war-related global energy and food shocks will last at least until 2024. These shocks will continue to weigh on GDP and fiscal performance.

US mortgage rates hit 14-year high

U.S. mortgage rates topped 6% this week, hitting their highest level since the fall of 2008.

High borrowing costs and low inventory levels continue to weigh on Americans looking for affordable housing, reports my colleague Anna Bahney.

Stubbornly high inflation is responsible for the rate hike, noted Sam Khater, chief economist at Freddie Mac.

Rates had fallen in July and early August as recession fears took hold. But comments from Federal Reserve Chairman Jerome Powell and recent economic data have brought investors’ attention back to the central bank’s fight against inflation, pushing rates higher.

There is a silver lining for those looking to buy. As mortgage rates rise and house prices remain high, home sales are slowing. Prices may also drop soon.

As borrowing costs are expected to continue to rise over the next few months, it is becoming increasingly clear that house prices must fall to restore balance to housing markets.

“Many sellers recognize changing market conditions and respond by reducing their asking prices,” said George Ratiu, head of economic research at Realtor.com. “These changes coincide with the time of year when buyers have historically found the best market conditions to land a bargain.”

Growing economic ties between China and Russia

Chinese leader Xi Jinping and his Russian counterpart Vladimir Putin met face to face on Thursday for the first time since Moscow sent troops to Ukraine earlier this year. Investors followed the meeting closely for clues about the state of their economic relationship.

At the start of the meeting, Putin acknowledged that Xi had “questions and concerns” about the invasion. Their economic partnership did not seem threatened, however, reports my CNN colleague Nectar Gan.
Beijing has boosted bilateral trade to record levels, a boon for Russian businesses amid Western sanctions. China’s spending on Russian goods soared 60% in August from a year ago. Its shipments to Russia jumped 26% to $8 billion in August, reports my colleague Laura He.

Putin highlighted the two nations’ deepening economic ties during their meeting, noting that bilateral trade topped $140 billion last year. “I am convinced that by the end of the year we will reach new records, and in the near future,” he said.

Beijing has carefully avoided violating Western sanctions or providing direct military support to Moscow, but Chinese companies are profiting from the exodus of Western brands from Russia.

Chinese smartphones accounted for two-thirds of all new sales in Russia between April and June, Reuters reported. Passenger cars from Chinese manufacturers accounted for nearly 26% of the Russian market in August, the highest on record, according to Russian analysis agency Autostat.


A first look at the University of Michigan consumer sentiment survey for September is released at 10 a.m. ET.

Coming next week: It’s a blockbuster week for central banks with the Federal Reserve and Bank of England due to reveal their latest policy decisions.

Correction: An earlier version of this story incorrectly assigned a quote to sellers recognizing the change in market conditions. It should have been attributed to George Ratiu, head of economic research at Realtor.com.

Letter: Energy Solutions | Hampshire Chronicle


No corrections needed (Peter Greaves, Letters, September 8).

Wind energy indeed represents 25% of our electricity, which in turn represents only one fifth of our total energy. Wind and solar only represent 4% of total energy.

And therein lies the problem. Net Zero legislation requires four-fifths of our non-electric energy to be turned off, on a schedule, but there is no schedule to provide the electricity to replace it. As it stands, one could think of Net Zero as destroying a working arrangement and replacing it with a bit of work.

Energy is not scarce globally, but in Britain a combination of regulation and taxation has created a shortage. This winter, those who believe in using less energy are about to discover what a Beckett hair shirt is.

And we do very well when there is a shortage. Compared to 15 years ago, we are producing 20% ​​less electricity overall, after reducing our nuclear production and installing wind turbines to replace barely half of the coal-fired power stations. No generation capacity has been added to the four-fifths of the energy that the legislation cancels.

Our MP Steve Brine “believes in” Net Zero, but can’t explain where the electricity comes from. His disappointment is not surprising. It would take a nuclear fleet four times greater than that of France or China; or, using the Hollandse Kust Zuid wind farm as a model, the encirclement of Britain with a 90km-wide belt of the largest wind turbines in the world. Politely, such ideas are unrealistic and that leaves fast, cheap gas turbines to fill the void. So it turns out that Net Zero is an (unintentional?) plan to replace our expensive domestic gas boilers with centralized government boilers.

The Net Zero could be settled by the publication of energy plans in accordance with the rules of the art. That there is not said everything. The balloon of wishful thinking bursts at the first bite of reality.

Am I on the money considering Net Zero won’t happen this century?

James Anderson,

Wright’s Close,



Send letters by email to [email protected] or by post to Editor, Hampshire Chronicle, 5 Upper Brook St, Winchester, Hampshire, SO23 8AL.

All letters and emails should include full names and addresses (anonymous letters will not be published), although these details may be withheld from publication, on request.

Letters of 300 words or less will take precedence, although all are subject to review for clarity, space or legal requirements. We reserve the right to modify the letters.

Personal Loans Market 2022: COVID-19 Impact Analysis and Industry Forecast Report 2030


Allied Market Research released an exclusive report titled “personal loan market By Loan Tenure (Long-Term Loans, Mid-Term Loans, and Short-Term Loans) and End User (Residentials, Small and Medium Enterprises (SMEs), and Others): Global Opportunities Analysis and Industry Forecast, 2020-2027 » .

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The report offers an in-depth analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces Analysis, and competitive landscape. This study is a useful source of information for market players, investors, VPs, stakeholders and new entrants to gain an in-depth understanding of the industry and determine the steps to be taken to obtain a competitive advantage.

The personal loan market is assessed based on its regional penetration, explaining the performance of the industry in each geographical region covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France , United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, Emirates Arab States, Egypt, Nigeria and South Africa).

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Key market segments

By type
• P2P market ready
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• Under 30
• 30-50
• More than 50

By marital status
• Married
• Only
• Others

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• Employee
• Man
• Female
• Others
• Company

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  • Competitive landscape of personal loan market.
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The outbreak of the pandemic has affected the global economy to a considerable extent. Citing micro and macro analysis, the report details a significant impact of the global health crisis on the market. The comprehensive study focuses on market share and scope, which outlines the impact the pandemic has had on the global market throughout 2020 and is likely to have in the years to come. Last but not least; the report also describes the strategy integrated by industry leaders, in order to fight against the fall.

The report provides SWOT analysis of key market players including American Express, Avant, LLC, Barclays PLC, DBS Bank Ltd, Goldman Sachs, LendingClub Bank, Prosper Funding LLC, Social Finance, Inc., Truist Financial Corporation and Wells Fargo . , which provides business overview, financial analysis and product and service portfolio analysis. The latest news related to industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures, collaborations, product launches, market expansions, and more. are included in the report for a better understanding of stakeholders in making strategic decisions to win in the long term. long-term profitability and market share.

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Key Questions Answered by the Report

Q1. At what CAGR, the Global Personal Loans Market will grow from 2022 to 2030?

Q2. What will be the revenues of the global industry by the end of 2030?

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Q4. What are the factors driving the growth of the global industry?

Q5. Who are the major players in the personal loan market?

Q6. How can I get company profiles of the top ten global market players?

Q7. What are the segments of the personal loan market?

Q8. What are the main growth strategies of personal loan players?

Q9. By application, which segment is expected to show the highest CAGR between 2022 and 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain its lead over the forecast period?

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

Pawan Kumar, CEO of Allied Market Research, directs the organization towards the provision of high quality data and information. We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.


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Throwback to September 16


100 years ago: 1922

Spanish-American War veterans are to host a Sunday corn roast at William Ricker’s Peppermint corner to which GAR members are invited. They have to leave at 9:00 a.m. with the Lisbon Falls car.

50 years ago: 1972

Members of the Auburn Police Benefit Association are planning a second Police Ball this year, this one Friday night, November 3 at the Rollodrome.

According to patroller Daniel Blanchard, who along with APBA president Calvin Hunter is planning the event, the last ball held in April was such a success that it was decided to hold another one this year.

About 900 people attended the last when country and western recording star Dick Curless was the star attraction. Blanchard said Curless, who lists his hometown as Bangor, will be in attendance again. The ball will take place between 8 p.m. and 1 a.m.

25 years ago: 1997

Joy Longfellow, 12, from Farmingdale, blew away the competition with her apple pies. Over the past few weeks, she has created three blue ribbons at Hallowell Days, the annual Windsor Fair and, most recently, the Litchfield Fair.

At the Litchfield Fair, she beat 25 other cooks for the title. The youngster also bakes cookies and cakes and is a superb cook, according to his proud grandfather, Alden Longfellow, also from Farmingdale. But she really loves baking pies, and many of them sport a showy cinnamon and sugar crust.

She is the daughter of Walter and Pam Longfellow of Farmingdale.

The other winners of the Litchfield Fair Apple Pie Contest were second place Linda Mueller from Gardiner and third place Lois Legendre from Richmond. The three winners will be invited to make their pies for the annual Maine Farm Show in January at the Augusta Civic Center.

The material used in Looking Back is produced exactly as it originally appeared, although spelling mistakes and errors may be corrected.

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NJ ‘werewolf’ killer lying about violent past on dating app


A New Jersey man known as the “werewolf” killer for stabbing a complete stranger to death is trying to find love using an online dating profile downplaying his violent past, prosecutors warn.

Pankaj Bhasin spent three years in a mental health facility after driving from his home in New Jersey to a store in Virginia and killing the manager, Bradford Jackson, 65, in 2018. The Washington Post reported that Bhasin pleaded not guilty by reason of insanity following a mistrial.

The killer said the victim turned into a werewolf

Bhasin allegedly told investigators that Jackson was beginning to transform into a werewolf and that he had to kill him to “save 99% of the moon and planets”.

Jackson was stabbed more than 50 times with a box cutter and had his eyes gouged out. Bhasin’s defense attorney, Peter Greenspun, told the Washington Post that Bhasin suffered from “severe bipolar disorder.”

Werewolf killer released

In June, a judge conditionally released Bhasin from detention. NBC 4 Washington reported that he has to take medication, wear a GPS monitor and attend meetings with mental health workers at his home.

Then, three weeks ago, Sarah Bryen, a friend of the victim, posted screenshots on social media showing that Bhasin had created an online dating profile claiming he had just returned from “two years of travel”. It makes no mention of the brutal murder or any mental health issues.

“Please send this to all the women you know on the East Coast. And be careful,” Bryen said.

Authorities react to killer’s dating profile

After being made aware of the account, prosecutors filed a motion this week to bar Bhasin from using social media or require software to monitor his social media usage, NBC 4 Washington reported.

“Because the acquitted may meet potential romantic partners while not only concealing, but actively lying about their recent history, these individuals may be placed at risk during a … period when the acquitted is making their first transition into the community” , the motion would have said.

NBC 4 Washington reported that the Facebook profile has since been deleted, but Bryen told the station it was not Bhasin’s only account.

“I’m glad he’s no longer available,” Bryen said. “Other women have told me they’ve seen him on Bumble, on Hinge, on other sites, so even if one of them is taken down, there’s no telling he won’t do everything just not another profile.”

A judge ordered late Thursday that Bhasin delete his social media profiles, agreeing with prosecutors that the descriptions were intentionally misleading, NBC 4 Washington reported. The judge ordered no surveillance.

New Jersey 101.5 has reached out to Bhasin’s attorney for comment.

Rick Rickman is a reporter for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

KEEP READING: Scroll to see what the headlines were the year you were born

here is a watch the headlines who seized the moment, spread the word and helped shape public opinion over the past 100 years.

WATCH: What are the odds of these 50 totally random events happening to you?

Stacker took the guesswork of 50 random events to determine how likely they are to actually happen. They drew their information from government statistics, scientific articles and other primary documents. Keep reading to find out why parents-to-be shouldn’t rely on due dates — and why you should be more worried about dying on your birthday than living to 100.

WATCH: Baby names that are illegal around the world

Stacker scoured hundreds of baby name databases and press releases to compile a list of illegal baby names somewhere in the world, along with explanations of why they are banned.

Some Manitoba businesses considering financing to repay CEBA loans on time, Chamber of Commerce says


Businesses and organizations that obtained government loans through the Canada Business Emergency Account (CEBA) program during the COVID-19 shutdowns are trying to repay them on time to avoid further financial hardship.

However, rising inflation and the lingering effects of the pandemic are making it difficult.

While some companies expect to meet the deadline, others plan to take on more debt to get there.

“We most likely would have had to close the doors if we hadn’t gotten this loan,” said Marc Pelletier, president of Winnipeg’s South Osborne Legion.

A $60,000 interest-free loan through CEBA helped the branch stay afloat.

As in-person activities resume but remain below pre-pandemic levels, the organization is focused on loan repayment.

“We’re on track to be able to repay that by the end of 2023,” Pelletier said.

A key deadline, because if it is respected, the government will cancel up to $20,000 of each loan.

But that’s easier said than done, according to Loren Remillard, president and CEO of the Winnipeg Chamber of Commerce.

“For many businesses, especially those in the hardest hit sectors – hospitality, restaurants, arts and culture – this is a stress they really have to deal with,” Rémillard said.

He said some businesses may not be able to repay loans, in part due to inflationary pressures, labor shortages and the continued effects of the pandemic.

“So much so that some are exploring financing to pay off the loan so they can get the forgivable $20,000 part of it,” Rémillard said.

The program, credited with providing assistance at a time of great need, was administered by Export Development Canada (EDC) – a Crown corporation – and accepted applications between April 2020 and June 2021.

A total of 898,000 small businesses have been supported by the program which has raised $49 billion across the country.

In an emailed statement, EDC said it “will not speculate on the number of refunds or when they will be received.”

“In the event that an eligible borrower is unable to repay the non-reimbursable portion of their loan by December 31, 2023, an interest rate of 5% per annum on the outstanding balance from January 1, 2024 will be charged, and must repay their loan in full by December 31, 2025.”

Pressure groups want change.

“We suggested that 50% of the loan be repayable and now give companies an extra year to repay it, so until the end of 2024 rather than the end of 2023,” said Dan Kelly, president and chief executive. of Canadian Federation of Independent Business.

To repay the borrowed money, the South Osborne Legion had to delay other projects, including upgrades to accept debit and credit card payments.

“And now with the loan repayment and we’re not quite where we want to be, it keeps getting postponed,” Pelletier said.

Remillard said the House is pleased the government has revised the repayment deadline from the end of this year to December 31, 2023.

He hopes the government will return $20,000 of each repayable loan, whether paid on time or not.

The Canada Revenue Agency will work with EDC to collect overdue loans.

Mandich Property Group Provides Atlanta Community with Housing Market Update


Marietta, Georgia –

Mandich Property Group, based in Marietta, GA, has shared a new update on the Atlanta housing market on its official website. According to the firm, it’s commonly believed that Atlanta’s housing market has been on fire for the past two years, most likely due to historically low mortgage rates and the coronavirus. Many residents have moved from heavily populated areas to less dense suburbs. Homeowners were refusing to sell their properties and new construction was down due to a lack of labour, resulting in a shortage of homes, both new and existing.

The most important question the firm discusses in its update is what this means for the 2022 market. One aspect is that home sales are down. Two major factors are slowing home sales right now; the first is rising interest rates and the second is more homes coming on the market. This indicates that the seller’s market is turning more towards the buyer’s market, or at least is becoming a more stable and normal real estate market. Kam Williams recently stated this in Atlanta Magazine. “The days when an ad comes in at 5 p.m., and has to see it at 5:05 p.m., and have 40 offers on a property — we don’t have that anymore,” she says. “Now buyers are a bit relieved. If they see something, they don’t have to run away in the next two seconds.

This leads to the next question in the market update that has many people worried: is the market heading for a crash? Many are worried about another crash like the one in ’08. In fact, Google trends show that more users are searching for the term “housing crash” and similar terms more than at any time since ’07. The news may also seem rather bleak, the firm comments, but market data thankfully does not support such conclusions. Some experts actually predict a correction in the real estate market. The housing crash of 2008 was due to banks’ lax credit standards and a housing glut. Banks aren’t granting the risky loans they did years ago, and foreclosures are still low. Housing stock remains extremely low overall. However, Metro Atlanta’s housing stock has reached its highest level since September 2020. This provides further evidence that things are turning in buyers’ favor. It is likely that the community will soon see a return to a normal market.

Some potential buyers are experiencing real difficulties because of the increase in borrowing rates. The cost of housing is still very expensive. The typical price of a home in Atlanta is over $400,000. This price alone discourages many young buyers and first-time buyers, and the problem is only getting worse as mortgage rates rise. For example, a $300,000 home would see an increase in monthly payments of over $350.00 if the fixed rate increased by 2% (from 3.5% to 5.5%). With less inventory and competition from other bidders for the same good, this should, in principle, impact buyers at the bottom of the market. Mandich Property Group believes trends will continue to slow, especially if interest rates continue to rise. Raising interest rates is the only protection the Fed has against inflation. Prices will continue to rise due to the exceptionally low supply of homes for sale, but there will be a modest correction as some sellers are already lowering their asking prices.

One of the most reputable businesses in the neighborhood, the company offers reasonable prices, quick closing times and flexible terms. They state that in order to combat the lack of options in the market, they will intensify their efforts to provide fast and reliable service in the coming months. When selling a home in Atlanta, they are among the top considerations for a partner because of their knowledge and reliability. To answer any questions and learn more about how the company buys homes in Atlanta, interested parties can contact the company by phone or email. Their website and social media channels also offer more resources and information.


For more information on Mandich Property Group, contact the company here:

Mandich real estate group
jennifer mandic
770 756-8680
[email protected]
2415 Broward Dr, Marietta, Georgia 30066

Nvidia: Prepare for a $125-$200 trading window (NASDAQ: NVDA)


Daniel Chetroni


NVIDIA (NASDAQ:NASDAQ: NVDA) is currently in an interesting place. As a deeply cyclical stock, it has reacted more violently to different phases of the economic cycle, as you can see from the following chart. At the start of the year, the stock was trading in bubble territory with a P/E of almost 90x. Since then, its stock prices have plunged more than 51% since the start of the year and more than 57% from its recent peak. On the other hand, its close counterpart AMD (AMD) “only” lost m41 YTD. And the losses of NVDA and AMD are much worse than those of the technology sector represented by QQQ.

At the same time, such a large price correction has deflated the bubble to a large extent and there are a lot of positives to be said for the stock. First, due to the large price corrections, the valuation is much more reasonable now (around 47x P/E as we will see later). Second, the company’s fundamentals remain solid and growth prospects robust once the contraction phase ends. It plans to introduce a slew of new GPU, CPU, DPU and robotic processors in the near future. It just recently reported record data center and gaming volumes. And such a large volume can help significantly improve cost absorption once demand picks up.

The rest of this article will weigh the pros and cons more closely. But overall, my general conclusion is that long-term investors like me can wait for a better opportunity, while swing investors can prepare for a trading window between $125 and $200 (which translates to a P/E of around 25x to 40x) in the next 1 or 2 years.

Graph, histogram Description automatically generated

Source: Alpha Research

Automatically generated chart description

Source: Yahoo Finance

The positive points

As mentioned above, there are a lot of positives to be said for the stock. Here I will just highlight a few highlights that are less talked about by other SA authors.

First, NVDA enjoys enormous capital allocation flexibility, and the company is in a very strong financial position even though demand has recently slowed. The following table provides a summary of NVDA’s maintenance and growth CAPEX expenditures (details of these concepts can be found in my previous article here) over the past few years on a quarterly basis. As a result, the company systematically reinvests more than its maintenance and CAPEX needs. Its CAPEX spend has been consistently above $200 million since 2020. And it peaked at $480 million in 2020 and currently sits at $433 million, very close to the top.

Chart, line chart Description automatically generated

Source: Alpha Research

Second, the beauty of NVDA is that it doesn’t need to spend too much on maintenance CAPEX. And therefore, a large part of its CAPEX expenses are growth CAPEX. Its maintenance CAPEX (approximate by the total amount of depreciation) has averaged $186 million since 2018. And its total CAPEX has averaged $223 million. As a rough approximation, the difference of $37 million per quarter is on average the amount of growth CAPEX it reinvests to fuel growth. Therefore, growth CAPEX represents approximately 20% of total CAPEX expenditure. As a result, the result of its owners is much higher than its accounting result because the growth CAPEX must be added to the result of its owners, which brings us to 3rd item below.

Third, its P/E is lower than on the surface once its owners’ profits are taken into account, instead of accounting profits. The following graph shows NVDA’s true economic earnings against its accounting EPS using a more rigorous method, as detailed in my previous article here. The method used a method detailed in Greenwald’s book titled Value Investing. As can be seen, NVDA’s owners’ profits have consistently exceeded its book profits. And the ratio between them has averaged 174% since 2017. Its current OE/EPS ratio is 132%. Its current P/E is around 47x on a book basis. And after correcting for growth CAPEX, its P/E based on owner income is “only” around 35.6x.

Graph, histogram Description automatically generated

Source: Author based on Seeking Alpha Data

The negatives

Now the negatives.

First, there is no doubt that the stock is currently in the contraction phase of the economic cycle, as you can clearly see from the chart below. I detailed the cyclical nature of business and the fundamental reasons for the cycle in my previous article. The main points are summarized below:

  • Quarterly year-over-year growth in NVDA’s operating revenue over the past 10 years shows two complete cycles over the past ten years, each lasting approximately 3.5 to 4 years. The first expansion cycle peaked in early 2014 and peaked again in early 2018, resulting in a cycle length of approximately 4 years. And the second cycle peaked in early 2018 and peaked again in mid-2021, lasting about 3.5 years.
  • The bottom of the previous contraction occurred in mid-2019. If history is any indication, I expect the current contraction phase to last around 4 years as well, which translates to sometime later in 2022 and early 2023.

And the consensus estimates seem to reflect that same view, as you can see in the next chart below. Earnings revisions for the past 3 months for the year ahead paint a fairly pessimistic picture. No one expects EPS growth, and a total of 37 analysts have revised EPS lower. Consensus EPS in 2024 and 2025 is now between $4.6 and $5.6, around 32% and 39% lower than it was just 6 months ago.

Chart, line chart Description automatically generated

Source: Author based on Seeking Alpha Data

Graphical user interface Description automatically generated

Source: Alpha Data Research

Second, its current valuation is more reasonable but still high. As mentioned above, the recent correction has brought NVDA’s valuation back into a more reasonable range both relative to its historical valuation and relative to its peers. Namely, it is currently valued at around 47x P/E on a book basis or around 35.6x on an owner’s earnings basis, compared to around 90x at the start of the year. But such a valuation is still expensive. As you can see, that’s a 34% premium to AMD’s 35.3x P/E, and more than a 100% premium to AMD’s 22.0x P/E. NASDAQ 100.

Graph, line graph, histogram Description automatically generated

Source: Author based on Seeking Alpha Data

Final thoughts and other risks

To reiterate, my general conclusion is that long-term investors like me can wait for a better opportunity given its still high valuation and growth prospects. While for short-term investors, there could be some interesting swing-trade opportunities ahead.

Given the deeply cyclical nature of the business and also its stock prices (see chart below), I expect a trading window between $125 and $200 over the next one to two years. These prices translate to a P/E in the range of around 25x to 40x based on consensus EPS estimates of between $4.6 and $5.6, as mentioned above. As you can see from the chart below, the stock is currently 57% off its recent high. And over the past two decades or so, the stock has undergone corrections as large as the current one 3-4 times (depending on how you count). And the last three times happened in 2003, 2008 and 2011. And all of them took around 2-3 years for the price to reach the pre-correction level. If the story is telling, that’s how long I expect the title to spend in this downturn as well.

Graphic User Interface, Chart, Application, Line Chart Description automatically generated

Source: Author based on Seeking Alpha Data

Finally, the risks. Besides the high cyclicality, NVDA also faces many other risks. These risks include macroeconomic risks, high inflation, supply chain disruptions, etc. NVDA’s products also have considerable exposure to cryptocurrency mining activity. And its high-end, high-margin products are particularly sensitive to the possibility of a recession. All these risks have been detailed by other SA authors and also by myself previously. Here I will only focus on two risks specific to the projected trading window in this article.

First, it is never easy to time the cycle precisely even if the cycle has repeated regularly in the past. Second, as you can see from the chart below, the cycle can sometimes be so deep that the maximum appreciation can occur at the bottom of the cycle, as indicated by the green line below. And vice versa, bottoming out can occur at peak prices, as indicated by the red lines below. Long-term investors and swing traders should be aware of these pitfalls.

Graphical user interface, graph, bar chart Description automatically generated

Source: Author based on Seeking Alpha Data

Jackson water crisis: Reeves asks SBA to open loans to affected businesses


Governor Tate Reeves asked the US Small Business Administration to open low-interest disaster loans to businesses in Hinds County affected by the Jackson water crisis in an official letter Monday.

“Jackson’s businesses have been incredibly hard hit by the ongoing water crisis,” Reeves said in a statement. “They have shown their resilience and commitment to this city over the years, and my administration will continue to do everything in its power to support them during this difficult time.”

In his letter to the program director, Reeves explained how businesses from daycares to restaurants had to close when they lost water pressure. Restaurants that have been opened have suffered a significant loss of customers while incurring additional expenses to purchase drinking water to keep their doors open.

READ MORE: As Jackson’s water crisis persists, restaurateurs fear customers may be afraid to dine out

Some companies also covered the costs of portable toilets when theirs couldn’t flush. Hotels, the governor mentioned, have also seen a sharp decline in overnight stays.

“Overall, with little or no running water across the city, businesses could not service, clean, cool or sanitize, forcing them to either incur losses or temporarily close,” the letter says.

In order to prove the county qualified for the loan program, the governor’s office had to investigate local businesses and show that at least five small businesses “suffered significant economic harm.”

Restaurants and other affected businesses filed paperwork on their costs and losses with the Mississippi Emergency Management Agency, giving the governor the data needed to apply for the program.

If activated, individual businesses could receive up to $2 million in SBA loans under the disaster program to help cover expenses and obligations that could have been met if the crisis of the water had not occurred. The amount of loan a business can receive will be based on its economic hardship and financial need.

The interest rate of the program does not exceed 4%.

Republish our articles for free, online or in print, under a Creative Commons license.

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Wegmans drops popular ‘scan and go’ app


Wegman’s Food Markets is discontinuing its popular SCAN app two and a half years after introducing ‘contactless shopping’ to the majority of its stores during the COVID pandemic.

The company had bet on its customers using the honor system. They lost. A lot.

Too many people were walking away with items they never paid for.

The app allowed customers to scan and bag items as they shopped, then pay for their purchases using a single barcode at checkout.

In a message to app users, the supermarket acknowledged the popularity of the SCAN app, but “Unfortunately, the losses we are incurring from this program prevent us from continuing to make it available in its current state.”

The application will be deactivated from September 18.

Users receive a $20 credit to their online account free of charge.

Wegmans didn’t say how much they lost, but it’s believed to be significant.

They have tried changes to the app and implemented stricter loss prevention measures at stores in recent weeks, including random bag checks to ensure all bagged items are paid for.

It wasn’t enough.

Wegmans told customers they had “learned a lot and we will continue to introduce new digital solutions to streamline your shopping experience in the future,” but the message was not elaborated.

Eric Scott is the senior policy director and anchor of New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

Each state in America and its favorite type of cereal…

States with the most registered hunters

Stacker analyzed data from the US Fish and Wildlife Service to determine which states have the most registered hunters. Read on to see how your state ranks on Stacker’s list.

KEEP READING: Scroll to see what the headlines were the year you were born

here is a watch the headlines who seized the moment, spread the word and helped shape public opinion over the past 100 years.

TerraMaster Launches New AI-Assisted Professional Photo Management App for Content Creators – My Startup World


TerraMaster announces the new Terra Photos App – a new AI-powered professional photo management application designed for content creators. A counterpart to the Synology Photos app, Terra Photo provides backup, sharing, and protection options for photos and videos.

The app uses artificial intelligence algorithms to provide smart functions like facial recognition and geo-tagging and other objects in photos. And, the main features of the Terra Photos app are:

AI facial recognition
Terra Photos has a built-in AI algorithm that automatically recognizes and classifies faces with an accuracy rate of up to 80%. It offers manual correction methods for all unrecognized faces, providing greater convenience when managing photos.

Broader AI applications
Terra Photos can also automatically identify images in dozens of categories, including pets, objects, landscapes, sports, vehicles and flowers, based on its enhanced AI operations.

Geographic classification
By integrating GPS location information for photos based on map assets, Terra Photos can automatically categorize photos by geographic location.

Advanced privacy and sharing options
Terra Photos adopts a separate storage strategy for personal photos and shared photos. Storage options include the use of directories with different access rights, providing an excellent method of separating media for personal and professional use.

Flat UI design
Terra Photos uses a flat user interface to display a user’s most commonly used categories in the top-level directory, which can include photos, albums, videos, people, pets, objects, places, recently added or favorites. This type of classification is more conducive to users who find target photos while browsing.

Flexible management strategies
Terra Photos’ flexible query filtering strategy can help filter the photos you want based on photo name and time identification, using a combination of year, month and day in ascending and descending order.

Advanced sharing tools
Terra Photos provides users with sharing tools to create photos or share albums. Users can also create sharing policies based on sub-defining share titles, share links, effective times, access passwords, and download permissions.

Massachusetts man arrested in Norway on charges involving a minor


NORWAY — Authorities arrested a Massachusetts man in Norway on Monday on a warrant stemming from charges of kidnapping and sexual assault of a minor, among other charges.

Jean-Bastien Massachusetts Sex Offender Registration Commission

Investigators have determined that John Bastian, 64, of Lynn, Massachusetts, fled that state and is believed to be in central Maine, according to Ryan Guay, senior inspector with the U.S. Marshals Service in Maine District.

Bastian was taken into custody on a fugitive from justice warrant pending extradition to Massachusetts, where he faces charges of indecent assault and assault and battery on a person with a developmental disability, of abduction, incitement of a child under 16 and rape of a child with force.

Members of the US Marshals Service Maine Violent Offender Task Force from Maine and Massachusetts arrested Bastian at an address in Norway without incident Monday morning, Guay said.

The multi-state task force was assisted by the US Marshals Service in the District of Massachusetts, the Massachusetts State Police and the Lynn Police Department, Guay said.

The task force is made up of members from the U.S. Marshals Service, Maine State Police, Maine Department of Corrections, Biddeford Police Department, and U.S. Customs and Border Protection.

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Guide to Day Trading Monday: 6 Stocks to Buy or Sell Today — September 12


Daily trading guide for Monday: Shaking off the US Fed’s hawkish stance on interest rates, India’s stock market ended higher for the second consecutive session on Friday. The Nifty 50 index closed at the highest level since January 14, 2022 at 17,833. In fact, on a weekly basis, Nifty . BSE Sensex jumped 104 points and closed at 59,793 levels while the Nifty Bank Index finished 206 points higher at 40,415 points.

According to stock market experts, Nifty on the weekly chart has formed a long bullish candle, which shows an attempted break-up of the important descending trendline of overhead resistance around 17,800 levels. A failure to show follow-on buying from here could mean the possibility of a minor downside correction for the market ahead.

Daily trading guide for the stock market today

“Nifty’s short-term trend remains choppy. Failure to break above important resistance on Friday could signal risks of minor weakness for the market ahead. Immediate support for NSE Nifty is placed at 17,770 levels and a movement below this zone could trigger a short-term downside correction for the Nifty. At the highs, 17925 is likely to be a significant short-term hurdle,” Nagaraj Shetti, Technical Research Analyst at HDFC Securities.

Unveiling the intraday trading strategy, Ruchit Jain, Head of Research at 5paisa.com said, “Consolidation may continue for the time being and a breakout on either side is now required for any directional movement. he dollar index has cooled off its highs over the past two sessions, which is a good sign for the short term. But the FII’s positions in the derivatives segment remain predominantly short. Although we have seen writings written by them, until they cover their shorts, our market might not be in a hurry to show bullish movement, therefore traders should continue to trade with a stock-specific approach until what we saw was a breakout on either side of the Nifty Index.

Day trading stocks

Sharing Today’s Day Trading Stocks, Stock Market Experts – Sumeet Bagadia, Executive Director at Choice Broking; Mehul Kothari, AVP – Technical Research at Anand Rathi and Rajesh Bhosale, Technical Analyst, Angel One – recommended 6 stocks to buy today.

Sumeet Bagadia Intraday Stocks for Today

1]Tech Mahindra: Buy from CMP, objective 1160 to 1175, stop loss 1100

2]Maruti Suzuki India: Buy from CMP, objective 9150 to 9300, stop loss 8800

Mehul Kothari’s actions for today

3]HDFC: buy on 2432 target 2490, stop loss 2400

4]Axis Bank: Buy on 785 target 815, stop loss 768

Rajesh Bhosale shares to buy today

5]FSL: buy on 116.5, target 122, stop loss 113.40

6]Carborundum Universal: Buy on 879 target 952, stop loss 837.

Disclaimer: The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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The Transparency Needed to Heal the Catholic Church


As a long-time active Catholic in Albany, I was appalled to read the September 4 article “Church Protects Bishop’s Records” about the ongoing efforts of the Diocese of Albany to block the publication of the personal files of clergy suspected of the sexual abuse crisis. .

The Archdiocese of New York currently maintains that the records of the Bishop Emeritus of Albany, Howard J. Hubbard, should be protected from disclosure. This is after losing a court case which ordered the release of priests’ personal files for those accused in prosecutions brought after the Child Victims Act was passed.

While the revelations of the sexual abuse scandals are painful, I believe the church needs to be fully transparent to move beyond this crisis. This would be similar to the truth and reconciliation process that happened in South Africa after the fall of apartheid.

Through this openness, the church can begin the process of allowing victims to heal from the harm inflicted and move the church forward into a future where we can faithfully serve those in need unhindered by the shadows cast by these abuses. .

I urge Bishop Edward B. Scharfenberger, who has taken steps to listen to stories of clergy sex victims, to direct his attorneys to promptly make available all relevant clergy personnel records to the priests and Hubbard.

David Rowell


Correction: The Archdiocese of New York wants the courts to protect the records of Bishop Emeritus of Albany Howard J. Hubbard from disclosure. This letter previously distorted the entity.

Battered by increasingly violent cyclones, farmers struggle to repay their loans


When Super Cyclone Amphan made landfall in Bangladesh in May 2020, 55,000 homes were destroyed in the country. Wasim Ali, 45, lived in one. The tidal surge caused by the storm swept away his house and razed his small one-acre farm in Protapnagar, in the Satkhira district of southwestern Bangladesh. Tens of thousands of people were left without resources after this huge natural disaster. But the misery is deeper for Wasim.

As well as losing his home and farm, the disaster also left him with no way to repay a debt of 42,000 Bangladeshi takas ($440), an amount he had borrowed from a bank as a loan. agricultural. He had pledged his farmland as collateral and says he is now afraid to confront bank officials.

“I can barely support my family of five on the small piece of land I’ve managed to grab since the disaster. It’s impossible to repay the loan on land that doesn’t even exist anymore,” Wasim says.

Collateral pledged voided

Nearly a third of Bangladesh’s total landmass is in its coastal zone, which spans 47,201 square kilometres, according to a study. This area is home to approximately 35 million people, or 29% of the country’s population.

These communities rely heavily on agriculture, working on their small, fragmented lands. In a form of short-term assistance, the government is making available up to 50,000 taka (about $530) in agricultural loans to small farmers, disbursed through commercial banks.

These loans carry interest rates ranging from 5 to 10 percent for a single crop year, depending on the bank and the type of crop, and farmers are expected to repay the principal plus interest after harvest.

Nearly a third of Bangladesh’s total landmass is in its coastal zone, which spans 47,201 square kilometers (18,224 sq mi), and the area is home to around 35 million people, or 29% of the population of the country. Credit: Maksuda Aziz/Mongabay.

Although loan amounts are small at the individual level, collectively, agricultural loans constitute a significant portion of Bangladesh’s banking business. The country’s central bank says agricultural loans for the year until May 2022 amounted to 284 billion takas (3 billion dollars).

This constituted 20% of all loans distributed in the country during this period. An agriculture-focused, state-owned lender Bangladesh Krishi Bankdisbursed 200 billion takas ($2.1 billion) of these agricultural loans.

For these banks, however, the coastal regions are a headache: farmers there are increasingly in default due to natural disasters induced by climate change.

According to Bangladesh Krishi Bank, the two most affected sub-districts of Satkhira – Assasuni and Shyamnagar – have outstanding loans totaling 78.1 million takas ($822,500 million), disbursed through its three branches in Assasuni, Gunakarkathi and Shyamnagar.

Another state-owned lender, Agrani Bankcurrently has 15 million taka ($158,000) on its books from two of its branches, in Assasuni and Shyamnagar.

During a visit to Assasuni, where Wasim Ali’s home and farm were destroyed by Super Cyclone Amphan, mongabay met several other people in equally disastrous situations.

Hasan Mollah has been listed as defaulter since another cyclone, Aila, hit the area more than a decade ago in May 2009.

“After losing the land, I lost my house and my source of income. To support my family, I had to move to town. Even so, I couldn’t find the 38,000 takas [$400] to repay the loan,” Hasan said.

The central bank has since 1991 made concessions for farmer-borrowers like Wasim and Hasan who were hit by natural disasters. These release them from interest payments as long as they repay the principal amount.

“Banks operate like a business by lending loans, so they cannot lose capital,” Bangladesh Krishi Bank managing director Md Ismail Hossain said. mongabay. “We have rescheduled the loans and still have 21.3 million takas [$224,300] in this area which is classified”, or in the books.

Residents of the coastal communities of Satkhira. Credit: Maksuda Aziz/Mongabay.

loss of land

A third of Bangladesh is just 1–4 meters (3.3–13.1 ft) above sea level, and 80% of the country is floodplain. The southwestern coast, including Satkhira district, is less than 2 meters (6.6 feet) above sea level.

This makes every millimeter of sea level rise a cause for concern in this densely populated region. Scientists estimate that by the year 2100, global warming will contribute to a sea level rise of 0.5 to 2 meters (1.6 to 6.6 feet). This would leave most of Bangladesh under water.

For now, the Sundarbans, the largest expanse of mangrove forest in the world, protect the country’s southwest coast. But increasingly frequent and intense cyclones bring heavy swells that threaten to break the resistance of the mangroves.

In Protapnagar, where Wasim Ali lives, a series of storms from 2019-21, including Amphan, permanently submerged some 20 hectares (nearly 50 acres) of land, according to results from the Center for Environmental and Geographic Information Services, a government research institute.

The storms also threaten another water-related disaster. The Water Development Board, responsible for safeguarding the country’s dams, said the embankment of the Kholpetua River, which runs through Shyamnagar and Assasuni sub-districts, has been weakened by repeated blows from storms .

Following Cyclone Yaas in May 2021, the agency undertook emergency repair of nearly 12 km of embankment at Protapnagar and nearly 5 km at Padmapukur in Shyamnagar.

The southwest coast of Bangladesh is less than 2 m (6.6 ft) above sea level. Scientists estimate that by the year 2100, global warming will contribute to a rise in sea level. the sea from 0.5 to 2 m (1.6 to 6.6 feet), which means that the coastal region will be under water. Credit: Maksuda Aziz/Mongabay.

“The whole embankment is in a vulnerable state as it was built around 60 years ago,” said Shamim Hasnain Mahmud, executive engineer at the Water Development Board. “Cyclones accelerate its decline.”

According to the Meteorological Department of Bangladesh Data, the southwestern part of Bangladesh faced at least eight cyclonic storms between 2000 and 2020. Four were classified as severe to very severe, causing storm surges of up to 6 meters (20 ft). Three of them – Fani in May 2019, Bulbul in November 2019 and Amphan in May 2020 – struck within a year.

Cyclones may be a regular occurrence in the funnel structure of the Bay of Bengal, but climate change is making the storms more devastating. Warming sea surface temperatures increase the maximum potential energy a storm can achieve. And last May, the water temperature in the Bay of Bengal hit record highs, according to NASAor the National Aeronautics and Space Administration.

Storms with more power and water release more rain and raise the sea levels, allowing tidal waves to rush further inland. This is why places like Protapnagar, 80 km from the Bay of Bengal, be battered by cyclones like Amphan.

Sea surface temperatures in the Bay of Bengal. The colors show the difference between the long-term average temperatures and the temperatures on May 16, when Cyclone Amphan developed. Credit: NASA via Mongabay.

Banks fail when farmers fail

The Center for Environmental and Geographic Information Services has predicted that between 2021 and 2023, the Padma Basin is vulnerable to 1,215 hectares of river erosion.

The UN agency for disaster reduction estimates Bangladesh’s average annual losses could be as high as $3 billion, or up to 2% of gross domestic product, or GDP, according to a World Bank study of 2021. report.

In addition to its baseline losses from weather hazards, Bangladesh is expected to incur additional costs from climate change by mid-century. If mitigation efforts are not intensified, this figure could reach 9% of GDP by the end of the century.

Golam Rabbani, head of the Climate Bridge Fund’s development secretariat at non-profit organization BRAC, said the actual amount of loss and damage will be much higher.

“It took five years to wash the saline solution from the ground after Cyclone Aila [in 2009], thus restoring rice production to pre-Aila levels, a study found,” he said, adding that the loss and damage estimates only take into account immediate effects. “Data on migration or alternative forms of employment are not kept in affected areas.”

Hossain, the bank manager, said that since the profitability of a bank branch depends on the economic well-being of local borrowers, migration and loss of livelihoods are detrimental to the bank’s operations. “Banks also fail if they fail,” he said.

This article was first published on mongabay.

America is not a warmonger


LETTER | Dr. Mahathir Mohamad’s recent statement on America and his call for a greater pivot to China reflects the growing sentiments of anti-Western and pro-China narratives.

The United States and the West were presented as warmongers, ready to create global conflicts with an insatiable thirst for provocations to satisfy their interests and their military complex. Bashing America has been gaining momentum since the 2013 Iraq War, with every major global conflict blamed on Washington and its hawks.

For decades, Western narratives and judgments about peace, freedom and democracy and the sanctity of principles and values ​​have been branded as hypocritical conduits, propaganda overtures designed to win friends over and keep them entrenched. facing enemies, especially Moscow and Beijing.

The alternative perspectives and so-called struggles of rising non-Western powers led by Beijing have been hailed as the new breath of hope needed for the victims of the West’s perceived atrocities and global agenda.

The attributions of today’s global conflicts rest on the greed and hidden purpose of the elitist West in creating proxy wars and arms races to meet the needs of its economic and military survival at the expense of the global community. at large.

This one-sided narrative has shaped the digested perspective of the masses, here in Malaysia and across the region, further reinforced by Beijing’s strategic and persistent narrative that it intends to play out. This has reverberated across a wide range of academics, communities, policymakers, and the media and business fraternity.

The visit to Taiwan by US House of Representatives Speaker Nancy Pelosi was seen as a provocative move by Washington to upset the apple basket and create accelerated tensions across the Taiwan Strait. Overtures in the region, especially the military, are presented as an unnecessary push to contain China’s peaceful rise and seek to further inflame regional tensions and the arms race.

The Aukus Pact and the Quadrilateral Security Dialogue are being chastised for fueling spiraling security dilemmas and a deeper arms and nuclear race abyss with dangerous consequences.

Strong positions and involvement in regional peace and democratic building framework in promoting idealism of democratic values ​​and human rights are chastised as another hypocritical intention of Washington to interfere in internal affairs regional actors and to dictate the political orientation according to its objective.

Condemnations of China’s human rights abuses and repression and spotlighting rampant espionage and cyber theft, among other things, are squarely chastised as a power in decline trying to save what’s left and trying to save what’s left. weaken others from within.

Resources and aid, together with the shaping of economic institutions and awareness, are cautiously viewed as gaining the trust and attraction of local communities and policy makers by molding them to fend off Chinese influence and overtures. similar.

Interventions abroad in various measures aimed at saving lives of brutal regimes and maintaining peace and democracy are portrayed as uncontrolled aggression aimed at provoking wars and maintaining its military-industrial complex.

The victim card

The war in Ukraine has been almost entirely tied to NATO and Washington’s provocative eastward push to induce the Kremlin to do the ultimate act to justify their geostrategic and future relevance and purpose.

It is easy to be molded into this narrative framework, especially when feelings and contextual understanding are crafted by the perceived status of the receiving end, playing the victim card and resonating with the struggle of non-Western powers trying to defend their causes and redress the situation. past wrongs.

This creates a systemic and entrenched sense of oppression and submerged injustice, leading to a rapid assertion of anti-Western representation and near-total acceptance of perceived glorified causes adopted by non-Western powers to break the built-in grip of the West.

Pelosi’s visit and the package of measures for Taiwan are intended to reaffirm the decades-old commitment to securing rights and pathways to a peaceful resolution to the crisis and to reiterate Washington’s abiding position that the ideals of peace, democracy and international order based on rules that have been forged and nurtured for nearly a century must be firmly secured.

The United States has always made clear that there is no change in the status quo of its “one China policy”, while reaffirming its unwavering position that no strong or daunting measures will be allowed to alter the current status quo, with a documented agreement. provide defensive support to Taiwan and maintain regional peace.

So does its Indo-Pacific pivot, standing up to the entrenched strategic efforts of Beijing and Moscow to dictate regional directions to their peripheries. Belligerent actions and coercive tactics employed against weaker actors and the means to bulldoze territorial claims through various mechanisms threaten the very foundation of global and regional peace forged by decades-old understanding and adherence. standards and international law.

Moscow’s invasion of Ukraine is the continuation of a series of new regional and global strategic pushes by the Kremlin to chart its new course of storytelling and power projection. There has never been such a daring and overwhelming direct and outright invasion of a sovereign state since World War II, and this very act sends a shiver down the spine of all actors in the world, causing the start of a global arms race and new security directions to ensure their survival and fearing potential future risks from these rogue players.

Is it then justifiable that Washington is seen as the devil incarnate in the Ukraine war as it scrambles to stem the tide and save the rules-based order of respecting sovereignty and defending peace?

Pointing the finger at America’s double standards and hypocrisy, these actors and accusers are increasingly singled out, with a myriad of hypocritical actions in the same areas of human rights and security considerations. security.

Counterbalanced overtures and presence in the region were met with a sigh of relief, albeit quietly, fearful of upsetting Beijing. The players remain determined to be central and non-aligned, but continue to urge the West and Washington not to do more for the region and to open up their economies to them.

Chinese incursions were met with muted responses, and Chinese economic capture was tolerated for the immediate internal needs of states at the greater expense of survival and security.

Aid and resources of the billions of dollars received from Washington are seen as another normal obligation seen as the necessary responsibility of a major world power and, in some cases, called irresponsible and insufficient.

Worse still, some are portrayed as laden with hidden costs and an agenda for the benefit of elites and the Deep State in various mechanisms. The list of hypocrisies can go on and on.

last best hope

Undoubtedly, mistakes are made in assuming the immense weight of responsibility as the main defender of rules, rights and norms and in defending the pillars of peace and democracy, but the real institutional and democratic openness that the America adopts makes self-correction and change possible and necessary, unlike autocracies.

Two great wars have been fought in the past century alone, with devastating implications and the eventual causes and outcomes point to the need for rules-based international membership and institutional norms based on respect for rights and sovereignty. and global values ​​of peace and human dignity.

This has been the very essence of the long peace we have endured since the end of World War II, which the United States and others resolutely created, defended and protected.

For Beijing and Moscow to challenge this systemic order and norms and impose their versions of a so-called alternative world order based on equality and justice, other actors are pressured and forced to fit into this perceived multipolarity of power sharing and to shed their affiliation with the US-led order based on highlighted causes and victim map.

By blaming Washington for trying to maintain its hegemonic ambition and returns and portraying its overtures as evil and insincere, these non-Western powers hope to mask their own intentions and pursuits while increasing soft power buy-in with a justified cause. to their sacrifices in a competition half won by this agenda sitting alone.

Distorting reality or shaping a new politics of emotions might work well in the short term, but institutional resilience and the sanctity of principles and values ​​will stand the test of time and distortion. Enjoying the long peace for decades has created complacency and comfort by ignoring the gigantic importance of peace and stability derived from the existing normative law and order and the inflexibly created rules-based system and defended by Washington and the West.

The truth remains that we need America, being the only world power that has both the strength and the moral merit to protect global peace and security, to oppose aggression and to continue to uphold the rooted law and order.

Lacking the power to deal with this and lacking the ability to counteract new threats, we are doomed to endure a new era of fear, submission and subversion. For now, America remains our last best hope, with the belief that it will continually improve and correct itself with its own institutional democratic strength, which will bring lasting returns to the world.

The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini.

China’s August new bank loans rise less than expected, credit growth slows


August new yuan loans 1.25 trillion yuan vs 1.48 trillion yuan f’cast

Money supply August M2 +12.2% y/y, vs f’cast of 12.1%

August TSF 2.43 trillion yuan, vs f’cast 2.075 trillion yuan

Add analyst comment

BEIJING, September 9 (Reuters)New bank loans in China rose less than expected in August, while general credit growth slowed, as COVID surges and a deepening housing crisis weigh heavily on the economy despite the bank’s efforts central to stimulating demand.

Banks extended 1.25 trillion yuan ($180.63 billion) in new yuan loans in August, up from July but below analysts’ expectations, data from the People’s Bank of China showed on Friday. (PBOC).

Analysts polled by Reuters had predicted new yuan lending would rise to 1.48 trillion yuan in August, more than double the 679 billion yuan in the previous month and more than the 1.22 trillion yuan in the same month last year.

Household loans, including mortgages, reached 458 billion yuan from 121.7 billion yuan in July, while corporate loans jumped to 875 billion yuan from 287.7 billion yuan in July, according to central bank data.

But analysts say demand for credit remains weak as business and consumer confidence remains fragile.

“August lending data was driven by stronger medium- and long-term corporate lending, while household lending remains relatively weak,” said Luo Yunfeng, an analyst at Merchants Securities.

Nomura estimates that 49 cities were under some type of COVID lockdown as of September 6, representing nearly 21% of China’s population and about 25% of its GDP.

The property sector, hit hard by a debt crisis, has been hammered by a mortgage boycott, with buyers withholding payments for stalled projects. Sales and construction of new homes have plummeted.

Policymakers on Monday signaled a renewed sense of urgency for measures to shore up the sagging economy, saying this quarter was a critical time for policy action as evidence points to a further loss of momentum.

On August 22, the central bank cut the one-year prime rate (LPR), its benchmark lending rate, by 5 basis points, and lowered the five-year LPR, which influences mortgage lending, by a larger margin.


The consumer price index (CPI) rose 2.5% in August from the same month a year earlier, according to data from the National Bureau of Statistics (NBS). Analysts said slowing inflation could provide room for further easing of monetary policy.

“In the near term, any significant acceleration in credit growth looks increasingly unlikely,” Capital Economics said in a note.

“The PBOC cut its key policy rates slightly in August. And quantitative controls continued to be eased. But the People’s Bank (of China) is pulling a string. Demand is the problem.”

M2 broad money supply rose 12.2% from a year earlier, central bank data showed, above Reuters poll estimates of 12.1%. M2 increased by 12% in July compared to a year ago.

Outstanding yuan loans at the end of August were up 10.9% from a year earlier, compared with 11% growth the previous month. Analysts were expecting growth of 11%.

As part of the economy support measures, local governments will issue 500 billion yuan of deferred special bonds to fund infrastructure projects by the end of October.

Any acceleration in government bond issuance could help boost total social finance (TSF), a large measure of credit and liquidity.

Growth in the total stock of social finance (TSF), a broad measure of credit and liquidity in the economy, slowed to 10.5% in August from 10.7% in July.

The TSF includes forms of off-balance sheet financing that exist outside of the conventional bank lending system, such as initial public offerings, trust company loans, and bond sales.

In August, TSF jumped to 2.430 billion yuan from 756.1 billion yuan in July. Analysts polled by Reuters had expected 2.075 billion yuan.

($1 = 6.9176 Chinese yuan renminbi)

(Reporting by Albee Zhang and Kevin Yao; Editing by Kim Coghill and Raissa Kasolowsky)

(([email protected];))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Steuben County Sheriff’s Letter


It’s a beautiful day in Steuben County. August brought much-needed rain, although the rain tested the Steuben County Fair by falling almost every day during the fair. Our county is lush and green again as the nights get colder with that feeling that fall is just around the corner. Students have returned to school, teachers have returned to their classrooms, and Labor Day celebrations are over. I was talking with a mom yesterday who was picking up her daughter after the first day of kindergarten. She said a classmate of her daughter’s was leaving school as they were picked up by their parents and said, “I’m never going back to this place again!” She said the child then realized he had left an item in the school and had to come back to retrieve it, going back to “that place”. It never turned out to be a short enough timeline! As we continue to deal with changes in New York State law and the consequences of those changes, perhaps we all need to realize that things can change very quickly, whether we like it or not.

In the area of ​​school safety, remember to allow yourself a little extra driving time this month as bus routes are regulated and pedestrian and vehicular traffic increases around our schools. Please observe school speed limits when traveling and respect the safety of our schools. The sheriff’s office added another new school resource officer to the Corning-Painted Post district this year. If you are at Erwin Valley Elementary, please say hello to SRO Volpe, who recently retired from the Corning City Police Department. We have also added a new SRO to the BOCES campus, Deputy Todd Terwilliger has taken on the task of protecting these campuses. Four of our School Resource Officers have completed the NYS Division of Criminal Justice Services Basic School Resource Officer Course in Livingston County. This course was taught by members of the NYS Sheriff’s Association C-PASS School Safety Committee. We continue to work with all partners to improve the safety of our school in Steuben County.

September 1stst arrived and with it came new gun licensing requirements and a change in the criminal law for owning a firearm. We have been extensively involved with the NYS Sheriff’s Association, the Steuben County Clerk’s Office, and Steuben County Judges to determine the best way to move forward with the new pistol license requirements. I believe we have a way forward that is workable for the citizens of Steuben County and once all procedures are finalized we will formally present them in a joint press release with the Clerk’s Office. Changes to concealed carry locations and restrictions are being heard in court and we await their decision.

August has been an incredibly busy and difficult month at the Sheriff’s Office. Our investigators and deputies were responsible for three death investigations, four assault investigations, four burglary investigations, two animal abuse investigations, two large-scale theft investigations, seven thefts, one drug investigation, two sexual offense investigations, four harassment investigations, one arson investigation, five criminal mischief investigations, two criminal contempt investigations and two fraud investigations. Our Patrol Division has been tasked with several domestic incident investigations as well as accident investigations, including a fatal UTV accident investigation and mental health detentions.

In August the Steuben County Fair was held. We maintained safety and security at the fair and held displays of our K9s, Boat Patrol, SWAT team and STOP DWI. We held a KidCare ID session with car seat verification and partnered with Bath Kiwanis to distribute bicycle helmets. We thank our partners NYS Police and Bath Ambulance for their assistance with public safety at the fair.

In August, the Sheriff’s Office was recognized by the Steuben Central Chamber of Commerce at Music in the Park in Bath and by the Steuben County Legislature for its exemplary efforts during the Covid crisis. I cannot thank our staff enough for coming to work diligently every day and performing essential tasks that were beyond their normal duties. They have truly been and continue to be an inspiration.

Deputy Harrison completed the FBI’s Erie County sniper course in August, joining the SWAT team for surveillance duties. Investigator Smith was the lead instructor for new police officers in the basic firearms portion of the Alfred Police Academy at the Bath Law Enforcement Range. Deputy McNelis attended a training conference detailing methods of forming a county threat assessment management team and also taught the NYS School Resource Officer course in the county of Livingstone. Sheriff Allard taught human trafficking at Alfred Academy.

In August, we swore in three new assistants and a new correctional officer. We are extremely proud to welcome Deputy Cody Henry, Deputy Brent Nadjadi, Deputy Cameron Dye and Correctional Officer Cordell Galvan to the Sheriff’s Office family. Cody, a Canisteo resident, is a United States Army veteran and former Steuben County Jail corrections officer. Cody is completing his basic police course and will soon begin field training. Brent, a Bath native and US Army veteran, has been sworn in as a deputy sheriff and is completing field training and will soon begin solo duties. Cameron is a Corning native and second-generation law enforcement officer. Cameron is completing his Basic Police Course and will then be assigned to the Navigation (Boat) Patrol. Cordell began his career in law enforcement helping to maintain safety and security in our prison. We are incredibly grateful for these new additions to the Sheriff’s Office and their service to their county.

The Sheriff’s Foundation hosted the annual Law Enforcement Memorial Golf Tournament in August, raising funds for the Regional Law Enforcement Memorial Park and Foundation scholarships. A beautiful day accompanied the tournament which was attended by five NYS Sheriffs.

We continue to pray for those who have lost family members to the pandemic and for all Ukrainians who are suffering under Russian aggression.

Thank you for supporting the Steuben County Sheriff’s Office during these trying times and stay safe!

Police Incidents – Daily Log


Police incidents



Block 1480 of Franklin Place Court: An employee reported at 8:53 a.m. Wednesday that tools were stolen from the apartment complex’s maintenance shed.

Material accident

6:34 p.m. Wednesday – N. Morton St. and Mallory Parkway


Block 200 Patterson Street: A woman reported at 10:47 a.m. Wednesday that three packages on her porch had been stolen and had video footage of them.

Green wood

criminal mischief

Block 100 of Gulfstream Way: Reported at 5:58 a.m. Thursday that criminal mischief had occurred.


1251 US 31 N., Greenwood Park Mall: Reported at 7:09 p.m. Wednesday that a woman has been arrested for theft and other charges.

1400 Block of Trailside Drive: A woman reported stolen items at 2:53 p.m. Wednesday after contractors attended her residence.

899 E. Main St., Village Pantry: Reported at 2:14 p.m. Wednesday that a robbery had occurred.

Johnson County


1100 block of N. County Road 500 E., Franklin: A man reported at 12:40 p.m. Wednesday that unknown suspects came into the business, stole two pumpkins and a watermelon from their field.

Jail Reservations

Note: Information is current as of 7 a.m. Thursday.

The following people were recently arrested and incarcerated in Johnson County Jail:

Joseph R. Bollin, 36, Mooresville; arrested for possession of methamphetamine, possession of stolen property, possession of paraphernalia, driving while suspended with prior suspension and wanted on an out-of-county warrant; held without bail.

Sammie Coleman, 38, Indianapolis; arrested on out-of-county warrants; held without bail.

Randall Dwaine Fugate, 47, Indianapolis; arrested for suspended driving; released on $500 bond.

Jonathan M. Gibson, 28, homeless; arrested for manufacturing/selling methamphetamine; held on a $46,000 bond.

Christopher Gullett, 47, Greenwood; arrested on a warrant out of county; held without bail.

Dale Lee Hodge II, 32, Indianapolis; arrested on a warrant for failure to appear in court; held on a $260 bond.

Joel F. Kell II, 22, Indianapolis; arrested on a warrant for failure to appear in court; released on $500 bond.

Maada L. Koroma, 30, Clayton; arrested on a warrant for failure to appear in court; released on $250 bond.

Christopher B. Kuykendall, 46, Rutledge, Tennessee; arrested on a warrant for failure to appear in court; held on a $500 bond.

Kristina M. Luttman, 34, backhand; arrested on out-of-county warrants; held without bail.

Timothy O’Neal Meirose, 54, Franklin; arrested on a charge of violating community corrections; held without bail.

Deborah Ann Pabon, 52, Indianapolis; arrested on a probation violation charge; held without bail.

Crystal Roberts, 48, Martinsville; arrested for possession of methamphetamine, possession of a syringe or hypodermic needle and aiding a criminal; held on a $3,600 bond.

Russell A. Roberts, 46, Martinsville; arrested on charges of Habitual Violator of the Traffic Act, Impersonation and Wanted Outside of County Warrants; held without bail.

Chiquita Monee Thomas, 29, Terre Haute; arrested for Possession of Methamphetamine, Possession of Stolen Property, Possession of Marijuana/Hash Oil/Hashish/Salvia and Possession of Paraphernalia; held on a $4,400 bond.

Kurtis Wayne Tishner, 37, homeless; arrested for refusing to identify himself while being arrested for an offence/order; held on a $1,000 bond.

Quashaun D. Williams, 30, Indianapolis; arrested on a warrant for failure to appear in court; held on a $1,200 bond.

Helium Price Analysis: HNT Reversed Trading Direction, Bears Still Active

  • The Helium Coin (HNT) has seen a gain of over 19% in the past 24 hours after a massive drop.
  • The bears have turned aggressive again on the 20-day moving average on the daily price scale.
  • Trading volume increased by 2000% during yesterday’s surge.

After slipping below a declining parallel channel in the daily price scale, the Helium currency continues to decline. During the market correction, buyers lost many critical hedge levels, including 6.5 and 5.0. As a result, it witnessed the most recent 52-week low of $3.18 on September 6, 2022.

Sellers started selling in HNT coins after seeing a Shooting Star candlestick on the weekly time frame after six strongly bearish weekends. After yesterday’s sharp rise, HNT is currently 15.2% in the green zone this week.

The 20-day moving average proved to be an immediate bullish hurdle and buyers were rejected at this level during intraday trading sessions. Thus, the HNT coin is trading lower, while trading at $5.0 Mark at the time of writing against USDT. Additionally, the price of the HNT coin pair with the Bitcoin pair is up 14% at 0.0002591 Satoshis.

Due to last night’s gain, the market cap was recorded at $627 million in the past 24 hours, but bulls can see the value of $700 million if they hold price above 20-DMA on the daily price chart. Buyers were extremely aggressive last night as trading volume increased by 200%.

Trading volume increased by 200% last night

The daily RSI broke above the oversold zone. He could soon reach the half line. Notably, MACD is about to generate a bullish crossover.


Helium Crypto (HNT) recovered from a six-day loss in yesterday’s trading session. Now, the 20-day moving average is showing immediate resistance. Above this hurdle, buyers can see a further rally of around 40%.

Support level – $3.0 and $2.5

Resistance Levels – $5.0 and $10


The views and opinions expressed by the author, or anyone named in this article, are for informational purposes only, and they do not constitute financial investment or other advice. Investing in or trading crypto assets involves the risk of financial loss.

Gobel joins Justice & Pyle


review review

Attorney Kyle D. Gobel has joined the Justice & Pyle law firm in Crawfordsville effective September 1. He plans to become a partner in January 2023.

Gobel graduated from Crawfordsville High School and graduated with honors from Hanover College in 2006. He graduated with honors from Indiana University McKinney School of Law in 2010. He worked in the Montgomery County District Attorney’s Office and worked in private practice in Crawfordsville and Frankfurt.

Gobel has extensive experience in family law, criminal defense and civil litigation. He has represented defendants in cases ranging from misdemeanors to high profile felony cases, including several jury trials. He is also a certified mediator for family relations.

Gobel is currently Vice Chairman of the Board of Directors for the Boys & Girls Club of Montgomery County and a member of the West Central Region Community Corrections Board.

Gobel and his wife Erin reside in Crawfordsville and have a nine-year-old daughter.

Justice & Pyle is located at 506 E. Market St., Crawfordsville. Gobel can be reached at 765-364-1111.

This 17-year-old created an AI-powered app to help farmers around the world


A few years ago, I saw a clip of the brilliant astrophysicist, Neil deGrasse Tyson, explaining how people could tell global warming was actually happening without reading a single academic study or sorting through difficult scientific explanations.

“You can take inspiration,” Dr. Tyson said, “from the rest of the animal and plant kingdom… Nature already has the answer to what everyone here is arguing about.

As the climate changes, plants and animals are forced to move uphill and north. Stresses on animals and plants increase as temperatures rise, soils become drier and other climatological effects occur. As a particular ecosystem becomes less habitable for native species, it can often become much more habitable for invasive species.

The problem of invasive species is particularly critical for farmers.

Mr. Anniyan is a rice farmer in Kuttanad, a district of Kerala, India. Rice is a difficult and resource-intensive crop, requiring precise timing of paddy flooding and careful weeding to ensure rice plants get the necessary nutrients early in their development cycle.

Kuttanad lies below sea level, which means that non-native species and flood water often settle in Kerala’s beloved ‘rice bowl’ region.

Several years ago, after a long period of heavy rain, Mr. Anniyan noticed a new plant growing in one of his paddy fields that looked like a frilly water lily. He had no way of knowing what the lily was, but he dutifully pulled it out and threw it away. The next morning, as he walked to his paddy field, he was surprised to find that more of the paddy field was now covered by the pernicious weed.

After weeks of a fruitless battle against the species, giant salvinia (Salvinia molesta), an invasive water fern native to South America, Mr. Anniyan ended up losing his entire rice crop. The fronds of the giant Salvinia illuminated the immature rice plants and smothered the exchange of gases between the atmosphere and the surface of the water.

Mr. Anniyan’s grandson, a thirteen-year-old boy named Nathan Elias, who grew up in suburban Austin, Texas, witnessed the tragedy during a summer visit to his grandfather’s rice paddies. father and decided to do something to help.

“Helping” for Nathan meant using machine learning algorithms to create a software application called invasive AI which allows a farmer to upload a smartphone photograph of an unknown plant, insect or animal, and uses artificial intelligence to identify the species.

Each photograph is geotagged with the coordinates of the site, so that InvasiveAI not only identifies potentially invasive species, but crosses the observation with those of users from other areas. By collecting data from a network of users, Nathan’s InvasiveAI is further able to make predictions – using data regarding local weather patterns and climate trends – of the likely current range of the invasive and its future rate of spread.

Armed with this information, local farmers are made aware of the likelihood of future infestations so they can prepare to combat invasive species before they suffer too much economic damage.

Nathan has worked on InvasiveAI throughout high school and has just started his senior year at Academy of Liberal Arts and Sciences (LASA), a magnet school in the Austin area. He told me he was now starting to think about college applications and gritted his teeth trying to prepare for the rigors of the admissions process.

If the person in charge of admissions at Stanford University School of Computing reads this please let me know as I believe I have found a very good candidate for your school.

InvasiveAI received a round of applause from Texas State Agriculturalist Ms. Lynn Seman, and several University of Texas agronomy professors called it “hugely impressive.” InvasiveAI is now used by the Texas Master Naturalist Program, a citizen scientist organization associated with Texas A&M University, in addition to being deployed to a user base of more than 6,000 agricultural workers. The AI ​​models used in InvasiveAI have been used to detect and project the spread of over 10,000 unique cases of invasive species growth.

There are a few similar apps available that use AI to identify various plant and animal species. However, these apps do not focus on invasive species or make predictions about range or spread.

There is also a program called EDDMapS which is associated with the Center for Invasive Species and Ecosystem Health at the University of Georgia, which focuses on invasive species. EDDMapS is also interesting, but it relies on manual recognition of invasive species rather than AI. A farmer or citizen scientist takes a photo and submits a report to EDDMapS and one of the 900 experts from the United States and Canada associated with the University of Georgia project analyzes the photo and renders a verdict on whether the species photographed is invasive or not. In other words, it’s basically a web-enabled manual reporting system, so it’s not as scalable as a system using artificial intelligence.

(By the way, if building a sophisticated AI-powered computer program to help farmers wasn’t enough for a high school student, Nathan also received a provisional patent for his work and protected the codebase.)

Nathan told me he’s looking forward to his help helping farmers like his grandfather avoid the economic and psychological stress of losing crops to invasive species and hopes to compete for a grant so he can buy cloud computing space for InvasiveAI rather than having to spend time building your own server to host the app.

Nathan’s goal is to continue to build the capabilities of InvasiveAI to create a platform that will enable farmers around the world to cohesively address invasive species, with the right support and assistance.

To this end, Nathan has started rolling out InvasiveAI to family farmers in Kerala, who now use the app to detect and visualize the spread of over 200 unique types of plants, animals, insects and pathogens. invasive in and around their rice fields.

Nathan’s grandfather explained that “…before, we [farmers] only worried about the rains. Now these rains are heavier, causing frequent flooding, and [they] bring invasive plants from higher regions to [Kuttanad]. With technologies like my grandson’s, we can start identifying and combating these species very early.

It’s easy to feel overwhelmed at times by the daunting challenges facing our civilization in this post-climatic world. Talking to this young engineer and entrepreneur gave me a small glimmer of hope.

Smart investors take note.


The original article incorrectly states that images submitted to EDDMapS are sent to University of Georgia agronomists. The Center for Invasive Species and Ecosystem Health at the University of Georgia has a network of more than 900 experts and regulators across the United States and Canada who monitor and verify the existence of invasive species at a certain location.

According to Chuck Bargeron, Director and Senior Public Service Associate at the Centre, “These experts and regulators conduct actual field visits to confirm the identity of the reported organism and decide on appropriate management actions. While the AI ​​is a great tool to help sort reports, it’s not a substitute for having boots in the field. »

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Tips for Choosing the Best Football Betting App


If you are an enthusiastic bettor, you must already know how important it is to follow the latest NCAA Football Odds and college football odds. But choosing the best app to place your bet can sometimes be a daunting task.

However, there are a few tips you can follow in order to ensure that you select the best football betting app for your needs and we are here to explore them all with you. Let’s start.

What to look for when choosing a football betting app?

And now, let’s take a look at some crucial steps you need to follow when choosing a football betting app.

First, make sure the app is available for your specific device. There are apps available for Android and iOS devices, so be sure to check compatibility before downloading.

Second, take a look at the user interface and make sure it’s easy to navigate. The last thing you want is to fumble around with a hard-to-use app when trying to place a bet.

Third, check reviews and see what other users have to say about the app. This will give you a good idea of ​​what to expect and whether or not the app is worth your time.

How do you know if an app is reputable and trustworthy?

Before downloading a football betting app, you need to make sure that it is reputable and trustworthy. The first thing you can do is read the app reviews. You can find them by doing a simple Google search or looking in the App Store. Look for reviews from well-known and trusted sources.

Another thing you can do is search for the developer of the app. See if they have a website and read about them and see if they are a reputable company. You can also check if the app has been featured in news articles or blog posts.

For your final step, you can try contacting the developer directly and asking them any questions you may have about the app. A reputable developer should be able to answer your questions quickly and satisfactorily.

How to find the best soccer betting app for you?

When looking for the best football betting app for you, first always consider what kind of betting you want to be able to do. Some apps only offer straight bets, while others offer a variety of different bet types.

Then look at the odds offered by the app. Make sure they are competitive with other sportsbooks. You should also review the fees associated with using the app, as some apps may charge fees for deposits or withdrawals.

Finally, take a look at the customer service options available through the app, in case you have any issues while using the app or need help placing a bet. Most good apps offer 24/7 customer support so you can get help when you need it.

Indian market is trading at high premiums to Ems, says Bnp Paribas strategist


The Indian market has outperformed its global peers, especially emerging markets, during its recent bull run. However, market veterans are worried about the high valuations and high premiums currently being seen and believe there could be a cooling off period around the corner.

Manishi Raychaudhuri, Asian Equity Strategist-Equity Cash for Asia-Pacific at BNP Paribas, believes that the kind of premium we are currently seeing versus emerging markets (EM) or Asian peers is a bit of a concern in the near term. .

“So it may be that the Indian market is taking a break. We could see some sort of short-term weather correction,” he said.

Inflows from foreign players have increased in recent weeks, with August seeing a turnaround where foreign institutional investors emerged as net buyers of Indian stocks after a 10-month gap.
In an interview with CNBC-TV18 yesterday, Jefferies India strategist Mahesh Nandurkar, India echoed a similar thought saying that India currently benefits from the “there is no alternative” factor.

Raychaudhuri, over a longer period, continues to remain positive on Indian equities. “So longer term, we are still not moving from our overweight position in India,” he said.

India has benefited from China’s zero COVID policy, but there is also fundamental impetus for the markets to rise.

“We’ve seen India pull back very sharply in terms of post-COVID economic growth. We’ve seen the earnings estimates of some of the key sectors like finance, some of the private sector banks that they left late on” , Raychaudhuri explained.

For the full interview, watch the attached video

(Edited by : Abhishek Jha)

First post: STI

Rising TRVs, congestion charges and cheap loans for electric vehicles recommended by climate watchdog to cut emissions


Low-cost loans to buy electric vehicles, congestion charges for driving in cities and towns and more reductions in public transport fares must be introduced to start reversing greenhouse gas trends, a said the country’s climate advisory team.

The Climate Change Advisory Council (CCAC) also wants the government to declare definitively when it will ban sales of new petrol and diesel cars, and increase the TRV on petrol and diesel vehicles in the meantime.

He also calls for solar panels to be made mandatory on all new buildings and says every home should have a free heat pump assessment.

He also wants to focus on agriculture, saying: “The Council is very concerned about the continued increase in emissions in the dairy sector.”

The recommendations are in the CCAC’s annual report, released today, which warns that the emissions reductions required by the country’s first carbon budget have not been met and that much deeper reductions are now needed to stay on track. the right path.

The chances of this happening are slim, however, as it indicates that the targets set for different sectors of the economy and society are unclear, lack specific actions and do not correspond to the total reduction required by law. .

The members of the CCAC are independent experts responsible for advising the Government on climate policies and actions.

They acknowledge the challenges created by the energy crisis, but say the right response is to help the public, and especially vulnerable households, get through it – not back down from policies aimed at ridding the country of fossil fuels.

They say Ireland’s reliance on harmful fossil fuels is to blame for high energy costs and supply insecurity.

“We must continue to focus on reducing our consumption of fossil fuels,” said CCAC Chair Marie Donnelly.

“By accelerating the delivery of critically important indigenous renewable resources, Ireland’s long-term energy future can be secured, and households and businesses can be protected while supporting climate change goals. “

The report calls for a wider and faster roll-out of home renovations, but said aid for renovation and insulation must first focus on low-income households and homes that depend on coal and peat for heating.

It says households need to be helped to reduce their energy consumption and that installing smart meters and switching to smart electricity tariffs to reward efficient energy use needs to happen much faster.

It also delivers a damning assessment of the carbon budgets adopted by the Dáil last April and the follow-up sectoral emissions caps agreed in July.

An agreement was reached only after causing serious tensions within the Coalition, in particular because of the resistance within the agricultural sector to the objective it proposed.

Our annual budgets call for an average emissions reduction of 4.8% each year from 2021 to 2025, but the first year target has not been met and we now need to achieve an average annual reduction of 8.4% to respect the budget.

The warning echoes that of the Sustainable Energy Authority of Ireland (SEAI) which said yesterday that energy-related emissions increased by 5.4% last year.

“We have used a disproportionate amount of our carbon budget in 2021, which makes the years ahead even more challenging,” said SEAI Research Director Margie McCarthy.

“Looking at the early data from 2022, this trend is worryingly continuing.”

The CCAC also takes issue with the way carbon budgets were calculated, saying that even if fully achieved, they would only represent a 42% reduction in national emissions by 2030, not the 51% required under of the climate law.

What does a leader look like?


The other day I mentioned that I was going to a meeting with a fellow executive director. “Where do you meet him? asked my companion. “Her,” I corrected. This perfectly well-intentioned exchange got me wondering: how do we instinctively envision directors, presidents, C-suite professionals – leaders?

Are senior executives not only male in our minds, but also white, clean-shaven and wearing a suit? Can we imagine them driving to meetings from the suburbs in their shiny sedans pumping out classic rock? In our imagination, do they have an Ivy League education or at least several degrees and certificates plastering their walls?

When doing a Google “CEO” image search, I found, of the top 10 photos, six of them were white men, three were white women, and one was a light-skinned man of color. All wore dark suits and all but one were photographed in a conference room or in a posh office. All 10 appeared to be able-bodied and middle-aged.

Professional leaders are prescribed to look a certain way and act a certain way. They have no visible tattoos or piercings, colored hair, or creative outfits. Maybe they live in certain zip codes and carry certain brands. They are expected to conform not only through things under their control like personal style, but are judged by integral elements such as race and gender.

A Harvard Business study found that more men named John run businesses (5.3%) than women with any name (4.1%). Companies with a CEO named David outnumber companies run by women (4.5%).

Zippia’s research indicates that 65.1% of leaders in the United States are white, 16.6% are Hispanic or Latino, 11.3% are black, 4.9% are Asian, and a measly 0.6% are Native American. or natives of Alaska. The same study claims that only 5% of our country’s leaders are LGBTQIA+.

Additionally, every president of the United States, arguably the nation’s most visible leadership role, has identified as a man and all but one have been white. The median age of new US presidents is 55.

Society has ingrained these expectations in us so relentlessly that some people can hardly imagine themselves in a leadership role. Although I have met many middle-aged white male leaders whom I deeply respect, I know a large number of people who are nothing like them and yet are extremely talented. People who don’t fit a traditionally professional personality can be just as effective.

We need to check our unconscious biases, certainly when we hire and promote, but also when it comes to our perception of leaders. Please don’t assume my meeting with a fellow director is with a man. Don’t assume that the edgy, ethnic, or heterogeneous person you meet has to be a bartender or an entertainer. Maybe they own a business, run a nonprofit, or are a leader in the industry. You can learn something new from them.

Julie Bowditch is executive director of the non-profit organization The CASA Project Worcester County.

News Analysis: CCI Connects with Google to Expand In-App Billing Pilot in India?


Internet search giant Google’s decision to introduce a third-party billing system option on its Play Store, albeit on a pilot basis, is widely seen as aimed at softening the impending blow from India’s Competition Commission (CCI).

Competition law experts believe the time of the move last friday to be a dead giveaway. Google’s announcement came within 48 hours of the conclusion of the TCC hearing and reservation of its judgment in the high-profile investigation into Google’s Play Store billing. Experts interpreted Google’s announcement as a message to the competition watchdog to take a lenient stance.

“It is debatable whether this is a ploy by Google to use it as bargaining chip in the sanctions case with the Competition Commission or if it is a real correction market,” said a competition law expert.

“People have no idea of ​​the background. A lot of people look at this (ad to drive third party billing system) harmlessly. The thing is, they’re facing an impending order.

We can recall that the CCI had launched an investigation in November 2020 to investigate allegations that Google abused its dominant position to push its payment system. CCI has opened the investigation regarding the mandatory use of Google’s billing system by app developers to charge their users for the purchase of apps from the Play Store and/or for in-app purchases.

The CCI was At first glance consider that the mandatory use of the Play Store payment system limits the choices available to app developers. CCI asked its managing director to investigate the matter and provide a report. In March this year, CCI’s additional director submitted his findings, finding Google guilty.

The CEO submitted a 13,000-page report to the TCC which was also shared with Google in June 2022. The TCC also asked Google to submit its objections to the report by July 7 this year. Against this delay, Google approached the Karnataka High Court to get more time to respond to the investigation report. The High Court has extended the time for Google to submit its objections/suggestions to the inquiry report by July 30, 2022.

In December 2021, Google had pushed back the implementation of its mandatory use of its payment system for in-app purchases to October 2022.

Legal experts mainly have three shades of opinion on this major development – one that indicates CCI is now taking a lenient stance as Google is seriously trying to induce a market correction.

The second set of opinions see Google’s move as a “pure gimmick” and there is no certainty that the third-party billing system will be permanently available.

The third relates to the concept of Commitment and Settlement, which is expected to be introduced through the Competition (Amendment) Bill presented to Lok Sabha on August 5. Some see it as a commitment that Google gives. Had this undertaking and settlement provision been present in Indian competition law, Google would have come to the ICC sooner to engage and settle the matter. In the absence of such a mechanism, the ICC may have to be lenient and content to note whether or not it has committed an infringement.

According to a blog posted by Google on Friday, it allowed developers of non-gaming apps to use a third-party billing system in addition to Google’s own billing system. Now, non-gaming app developers can select a payment processor of their choice for users based in Europe, Australia, Indonesia, Japan, and India.

App developers who opt for a third-party billing system must provide customer support for their users and a process to dispute unauthorized transactions. Previously, only Google’s own billing system was allowed to be used to process payments related to paid apps as well as paid digital content within apps.

Regardless of CCI’s final order, domestic fintech companies stand to benefit from Google’s latest move, as they charge a fraction of what the tech major collects from app developers. This will also benefit consumers, who pay less for their in-app purchases!

Published on

September 05, 2022

CT restaurateurs worry for their survival as costs soar and loans come due. “It all costs more.” – Hartford Courant


Nearly half of Connecticut restaurateurs — 43% — say business conditions are worse now than they were three months ago, according to survey results released last month by the Connecticut Restaurant Association.

It comes at a time when despair over the future of the industry is the highest nationwide since 2008, the peak year of the Great Recession, according to a separate report. report published this summer by the National Restaurant Association. The report says the same percentage – 43% – of restaurateurs nationwide believe conditions will worsen by the new year.

“While growing economic pessimism among traders does not guarantee an imminent recession, it has reached a level that requires close monitoring,” the NRA report said.

In the ARC survey, comparing 2022 spending to 2019 spending, 84% of Connecticut restaurant owners say food and beverage costs are higher, 69% say occupancy costs are higher, 86% say utility costs are higher and 94% say other operating costs are higher.

Scott Dolch, president and CEO of ARC, said the angst and continued struggles of restaurateurs may seem counterintuitive at a time when the pandemic is perceived to be on the wane and increasingly people feel comfortable eating in restaurants.

“What we’re seeing right now is a positive thing, people supporting restaurants. But the negative side is the cost of running a business in our industry,” Dolch said. “Over the past 12 months, food costs have increased by 16% and menu costs have only increased by 7.6%. And that’s not even mentioning labor and utilities.

Tim Adams, co-owner of J. Timothy’s Taverne in Plainville, said the ARC poll “indicates what everyone already knew.”

“We see customers wanting out, but the contradiction is the inflation we see,” he said. “Our biggest problem is having enough people to cook the meals that customers want. But then there’s the overall expense of everything – utilities, labor, operations, paper bags , etc. – all this costs more.

Dolch added that restaurateurs risk losing customer loyalty if they raise menu prices to the same level as food prices.

“It would be sticker shock,” he said. “They would lose some of their guests, maybe this family of four that goes out twice a month will go to once a month. Plus they compete with neighboring restaurants and what they charge.

Adams said he had long put off raising menu prices. As a result, “we spent several months with negative cash flow,” he said.

He said the price increase was “probably the hardest thing I’ve ever done…but at least we now have positive cash flow, although we’re not running to the bank in any way. “.

In good times, the average profit margin for restaurants nationwide ranges from 4% to 6%. Today, cost increases are reducing this margin to almost 0%. The survey reported that 85% of Connecticut restaurant owners say their business is less profitable than in 2019.

“Restaurants are doing everything they can. I hear them telling me at the end of the week or month that I’m barely breaking even. They don’t see the light at the end of this tunnel. They don’t think inflation is going down. They worry about fall and winter when they lose their outdoor meals,” Dolch said.

Chris Prosperi, owner of Metro Bis in Simsbury, isn’t pessimistic about his future. Metro Bis has converted its menu to prix fixe only. Two-course lunches are $30 and three-course dinners are $60 excluding tax and tip, and $10 more if you want a pre-meal bread basket. It is booming.

“It saved us. I haven’t changed and I don’t think I will ever change,” he said. “It’s easier than changing the prices on the menu all the time.”

Prosperi thinks restaurateurs would be less pessimistic about the future if they did what they instinctively don’t want to do: raise menu prices, and not just a little, to keep their heads above water at a when costs are rising rapidly.

“When was the last time [restaurateurs] increased our prices to match current prices? ” he said. “They have to go up a lot more, otherwise you’ll see a lot of [restaurants] go out. It would be a shame because there is no reason for it.

Restaurants generally don’t want to raise prices, he said, because of customer refusal. But if they don’t, he said, their profit margin will shrink even further. They can justify the increased cost to customers by remembering what the restaurants are for, he said.

“Restaurants aren’t so much about food as they are about gathering. Why do you go out to eat? Just because you don’t want to be home? Or is it because you want to see your friends and family and share this time around a meal?” he said. “I think we need it more than ever. … I see it when I spend time in the dining room. People are happy to be together.”

The CRA survey revealed that other expenses will soon be added. The National Restaurant Association reports that 59% of business owners have taken out repayable loans through the Paycheck Protection Program, 48% have taken out an Economic Disaster Disaster Loan (EIDL) from the US Small Business Administration or a lending partner and 31% took out a loan from the private sector. ready.

The payment deferral period for EIDLs will end soon. Dolch said the national numbers are grim, even with a favorable interest rate just below 4%.

“Among operators who have not started repaying their loan, only 23% say they will be able to repay principal and interest. 46% expect to be able to pay the principal, but not 30 months of accrued interest,” he said.

Forgiveness of EIDL loans, he said, did not appear likely.

“In our industry alone, there were $370 billion in EIDL loans. They’re not going to forgive those loans,” he said. need that interest? We don’t want to see those loans default.

The current staff crisis is also aggravating stress for restaurateurs. The ARC survey found that 59% of Connecticut restaurant owners don’t have enough employees to meet customer demand, 75% say they’ll likely hire more employees within six months, but 80% say their restaurant has hard-to-fill openings.

Adams said he was still mystified by his popular restaurant’s inability to hire enough staff.

“I thought I was optimistic last year around this time when I predicted that people after the Super Bowl would come out of unemployment and we would see a break. That didn’t happen,” he said. he declared, referring to one of the busiest days of the year at the restaurant famous for its chicken wings.

“I still haven’t seen it happen. I’m not as optimistic as I would like. I really don’t understand what happened, where the people are. I haven’t spoken to anyone yet who can give me that answer,” he said.

Billy Grant, owner of Bricco in West Hartford and Bricco Trattoria in Glastonbury, said that despite the high cost of “everything” and supply chain issues that add weeks to replacing faulty equipment, his biggest concern is difficulty recruiting new workers.

“The cost of labor has increased because I use so many overtime hours. I do not have a choice. I don’t have enough cooks. And I’m a practical guy. I have a bad burn on my arm because I always cook. And for at least two hours every Friday, I do the dishes,” he said. “I never imagined that after 27 years I would still work as hard as I do.”

Nevertheless, he said, he feels “blessed”.

“I have restaurants in two good locations,” Grant said.

The industry gloom that has accompanied the pandemic is also seeping into college catering training programs.

Last year, Sacred Heart University in Fairfield stopped accepting new students into its hospitality and tourism management program. SHU will close the program once all current students graduate, program coordinator Kirsten Tripoldi said.

“The pandemic killed us too,” she said.

Five things you need to know

Five things you need to know


We provide the latest coronavirus coverage in Connecticut every weekday morning.

Tripoldi said parents’ concerns for their children’s career futures are a big factor in the program’s “decline”.

“Parents want their kids, after getting an expensive degree, to have a career path and money to pay off student loans,” Tripoldi said.

Tripoldi, who sits on the board of directors of the International Council of Hospitality, Restaurant and Institutional Educators, acknowledged that the closure of the SHU program was also due to marketing errors. But she added that many college hospitality programs are at historic low numbers.

“A good number are at 40% enrollment compared to four or five years ago,” she said.

Jan Jones, coordinator of the hospitality and tourism management program at the University of New Haven, said colleges and the restaurant industry must “be innovative” to persuade people that careers in catering are desirable.

“A lot of people started seeing these kinds of jobs as long hours and low pay and they kept finding other positions that didn’t have the same expectations. It’s sad,” Jones said.

Susan Dunne can be contacted at [email protected].

Church Memoirs | News, Sports, Jobs


HARVEY — Pastor Ron Sego preached his first sermon as pastor of Harvey Baptist Church on July 17.

Beginning in 2004 — when he and his wife Kim began attending Harvey Baptist Church — he started as a song leader and also began taking seminary classes at Southeastern Baptist Seminary.

According to a statement from the church: “From 2005 to 2012 he was involved in outreach ministries and saw firsthand how God works through faithful people. Ron and his wife Kim joined Harvey Baptist Church in 2012 and since then they have both been actively involved in serving God within the church as a Sunday School teacher, crèche, worship leader and administrator. As a pastor, Ron continues to serve as a worship leader as well as starting a visitation program and teaching a membership class.

Sego served in the Air Force from 1983 to 1987. From 1988 to 1995, he was employed as a civilian for the Air Force at KI Sawyer. From 1998 to present, he has served with the Michigan Department of Corrections and is currently a teacher and trades instructor with the Department of Corrections.

The church invites everyone to meet Pastor Ron and his wife and family of church friends for Sunday Bible study for all ages at 9:45 a.m. with worship services beginning at 11 a.m. The church is located at 224 Silver Creek Road in Harvey.

Today’s breaking news and more to your inbox

Google finally lets app developers offer third-party billing options


As the United States and governments around the world prepare antitrust lawsuits against tech giants, we are beginning to see cases of self-correction by these companies.

Some time ago, Google announced that it would allow “non-gaming apps” to have a separate billing option, as long as the Play Store option was offered alongside it. Now, Google is finally allowing these app developers to sign up for the “User-selectable billing” pilot.

For now, the driver is limited to developers from the following countries~ Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway , Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, india, australia, iIndonesia and Japan.

Developers must also follow a few other requirements to be eligible for the program.

  • Only offer alternative billing systems in the app.
  • Comply with the Payment Card Industry Data Security Standard (PCI-DSS) (if processing credit and debit card data).
  • Provide customer support to users of the Alternative Billing System (including all Products sold using the Alternative Billing System), and the Alternative Billing System shall provide a process for disputing unauthorized transactions.
  • Notify us in advance of planned changes to your app subscription preferences, such as disabling or enabling user-choice billing in a particular app or country. The changes will take effect on the first of the following month (visit the Frequently Asked Questions section below for details on submitting changes).

When using Play Store payment options, developers must pay 15-30% discount to Google. Obviously, these charges wouldn’t apply when using third-party billing options, but Google would still charge a 4% service charge.

Interestingly, the United States, which is arguably the biggest consumer market, is not on the list of countries for the pilot. Additionally, most countries in the “User Choice Billing” pilot project have already investigated Google’s Play Store policy for in-app payments at some point.

For example, this year alone, the Indian Competition Commission investigated Google’s billing system and called it “unfair and discriminatory”. Even the Japan Fair Trade Commission hand in hand with the United States and Europe to investigate these unfair billing practices by Silicon Valley tech giants.

Revolut cuts crypto trading fees by 20% from October 2022


Over the past few months, challenger bank Revolut has gained regulatory clearance to provide cryptocurrency services to its 17 million customers in Europe and announced that the bank has ambitions to expand its crypto workforce across the continent.

On September 1, Revolut announced to its client via email that effective October 3, 2022, it would change its fees for “buying and selling crypto from 2.50% to 1.99% or 0, EUR 99, whichever is greater”.

Crypto trading price drop represents a 20.4% decline; it remains to be seen if this is due to the volatility of the crypto market as, despite the vast correction that occurred in 2022, the bank has signaled customer interest in gaining knowledge about cryptocurrencies.

Revolut trading fees email update. Source: Revolution

Indeed, Revolut announced in August that its crypto learning platform had attracted around 1.5 million users within a month of its launch. Learn & Earn learners have used the platform from at least 32 countries around the world.

Japanese subsidiary of Revolut ordered to improve anti-money laundering measures

Elsewhere outside of Europe, Revolut Technologies Japan, Inc., the Japanese arm of the London-based fintech company, received a business improvement order from the Kanto Local Finance Bureau in Japan on Sept. 2.

The order came after the Financial Services Agency (FSA) carried out an on-site inspection of the company, finding “serious issues” in the company’s “control environments for governance, management of subcontractors and the management of the risks of money laundering and terrorist financing”.

The regulator went on to say that Revolut’s Japanese subsidiary failed to fully create sufficient governance to offer remittance services properly and consistently. In addition, the Japanese branch failed to properly and consistently review core services, such as remittance services, which it outsourced to its London-based parent company.

In addition, Revolut Japan did not have adequate controls in place on the management of money laundering and terrorist financing risks and did not have a robust transaction verification mechanism or guidelines to detect questionable transactions.

Revolut needs to fix the problems

The Japanese regulator has issued Revolut Japan a series of business improvement guidelines to address the difficulties. The organization must create a regulated environment to ensure adequate governance, legal compliance, oversight of contractors, and management of money laundering and terrorist financing risks.

Additionally, the Japanese company must submit a business improvement plan to the regulator by Oct. 3, detailing the exact steps it would take in response to the order and implementing them immediately after submission.

Finally, the company was required to report quarterly to the regulator on its progress and implementation status until all essential implementations were completed.

Hedge fund trading in times of crisis


Shopify (NYSE: SHOP)(EAST: SHOP) offers an Internet commerce platform. A slowdown in e-commerce growth, tough year-over-year comparisons, and the tech selloff amid fears of a recession drove Shopify shares down significantly. Although Shopify stock has fallen significantly (down 77% year-to-date), TipRanks’ Hedge Fund Trading Activity Tool shows that hedge funds remain negative about their outlook.

SHOP Equities: hedge fund activity

According to the tool, hedge funds reduced their holdings of SHOP shares by selling 20.7 million shares in the last quarter. In addition, SHOP shares were among the top five best-selling stocks by hedge funds.

Eight hedge fund managers, including Ray Dalio of Bridgewater Associates and William Duhamel of Route One Investment Company, closed their positions in SHOP shares. Additionally, eight other fund managers reduced their holdings of SHOP shares in the last quarter.

However, three hedge fund managers took advantage of the SHOP headline correction and opened new positions. Meanwhile, an equal number of hedge funds added more SHOP shares to their holdings.

Overall, the tool shows that the hedge fund confidence signal is very negative on SHOP stocks.

What is the prediction for Shopify Stock?

Shopify’s stock forecast on TipRanks shows analysts are cautiously optimistic about SHOP’s outlook. It received 12 buy recommendations and 14 hold recommendations for a moderate buy rating consensus. Moreover, the average price target of $43.02 implies an upside potential of 37.6%.

Although the forecast for SHOP shares shows a decent rise over the next 12 months, it has a negative signal from hedge funds and insiders (corporate insiders sold SHOP shares worth $3 million over the course of the last three months). Overall, the stock has a smart underperforming score of 2 out of 10 on TipRanks.

Final remarks

Slowing e-commerce demand and lingering uncertainty could continue to pose challenges for the SHOP stock. Additionally, hedge funds and company insiders selling SHOP shares are sending a negative signal. However, a reacceleration in e-commerce demand, easing macro headwinds, and Shopify’s investments in growth metrics could push its stock price higher.


The Better Business Bureau releases new study on predatory payday loans


OMAHA, Neb. (WOWT) – A new study warns against predatory payday loans.

According to a new survey by the Better Business Bureau, predatory payday loan companies and scammers steal your information by tricking you into thinking they know more about state laws than you do, by failing to explain the exact terms of the loan.

“I kept getting these texts and phone calls early in the morning or late at night,” says a Nebraska woman who wishes to remain anonymous. “When I finally spoke to them on the phone, all they wanted was my social security number.”

The BBB says this is a major red flag. And unfortunately, it has become an all too common scenario.

To add to the confusion, payday loan laws are managed state by state among the 32 states in which they are available. The BBB says a complex web of regulations makes the industry’s impact difficult to track.

“The main problem is that these loans carry three-digit interest rates,” says BBB Vice President of Communications and Public Relations Josh Planos. “And they are compounded by interest which is sometimes compounded weekly or monthly rather than annually.”

Here in Nebraska, lenders are prohibited from charging fees greater than $15 per $100 loan. Additionally, loans are limited to $500.

“I actually had a friend who had her identity stolen and then there was some financial stuff there, so I just got lucky and didn’t do any of that,” she says.

More recently, 6 News received an email from another woman expressing concern about a sender.

“I got the mail like I do every day, and I saw this postcard and it worried me a bit because it said First National Bank of Omaha, we’re calling to talk about your mortgage “, says this woman from Omaha who also wishes to remain anonymous. “He needs an immediate response, it’s urgent.”

The BBB confirms that this is another potential scam and one of the many ways fraudsters request and in some cases obtain your information.

“It’s something that absolutely affects your neighbor, your community here in Nebraska. It’s something to watch out for,” Planos says.

The BBB advises you not to hesitate to report a scam if you come across it. They say the more people who know, the more likely others are to avoid being victimized.

California fails to override concealed weapons ruling – Marin Independent Journal



SACRAMENTO, Calif. (AP) — California lawmakers failed early Thursday to replace limits on carrying concealed weapons that were struck down by a recent U.S. Supreme Court ruling.

A measure that would have enacted more than three dozen new restrictions failed by a vote as lawmakers adjourned. Democratic Sen. Anthony Portantino, who lobbied for the bill with Attorney General Rob Bonta, has vowed to reintroduce the legislation the day lawmakers meet again in December after the November election.

“California was made less safe tonight by not passing the bill to make us consistent with the Supreme Court’s decision,” Portantino said. “It’s unfortunate, it’s sad, it’s surprising.”

In June, the Supreme Court struck down a New York law requiring people seeking a license to carry guns in public to demonstrate a special need, such as a direct threat to their safety.

California is among half a dozen states with similar requirements that are working to make adjustments under the ruling that rendered their existing laws unenforceable, with New York pursuing its new limits even as efforts by the California failed.

The goal was to “push the envelope” without triggering another Supreme Court reversal, Portantino previously said of his bill.

Bonta also said “the safety of Californians” is at risk without a replacement.

“There would be a huge influx of applicants now that the ‘just cause’ component has been struck down by the U.S. Supreme Court, and not enough safety precautions for people asking for it,” Bonta said as he pushed unsuccessfully for the bill. passage. “If this bill doesn’t pass, people who haven’t had a full security screening can get a concealed weapon and bring it to (sensitive) places” like schools, playgrounds , voting booths and sports stadiums.

Bonta called the failed measure “a completely constitutional response that promotes the safety of Californians from gun violence.”

But the measure never got the 54 votes needed for the 80-member Assembly to take immediate effect. He missed a vote of that two-thirds majority before ultimately failing on a 52-23 vote as time ran out.

Opponents said the bill violated the intent of the High Court ruling while targeting law-abiding gun owners instead of focusing on criminals who are unlikely to obey the law.

“The bait and switch of this bill is dishonest,” objected Republican Congressman Thurston “Smitty” Smith. “This response to disagreeing with the Supreme Court’s decision is an unconstitutional attempt to find a workaround.”

Democratic Congressman Reggie Jones-Sawyer, who brought the bill to the Assembly, said it was aimed at legally keeping guns out of the hands of those who could be dangerous. He struck the right balance between public safety and the rights of gun owners, he said, while complying with the Supreme Court’s ruling.

“Increased public carrying of firearms leads to more violence,” Jones-Sawyer argued unsuccessfully. “More guns on the street equals more chance of deadly violence, more chance of those guns ending up in the wrong hands.”

Restrictions reportedly included raising the minimum age from 18 to 21, requiring at least 16 hours of training and setting new standards for background checks that include repeat fingerprints, at least three character references and a review of the contestants’ public social media posts.

The proposal relied on judges authorizing a gun ban in sensitive areas, including more than two dozen such no-go zones in California.

Among them:

Schools, courts, government buildings, correctional facilities, hospitals and other medical facilities, airports, public transportation, specified public gatherings, businesses where alcohol is sold for consumption on the premises, public parks or sports facilities, casinos, sports arenas, libraries , churches, zoos, museums, amusement parks, banks, voting centers and any business unless there is a sign indicating that license holders may possess their firearm.

The ban would have encompassed all properties, including parking lots.

Opponents said lawmakers misinterpreted the late Justice Antonin Scalia’s recognition of “sensitive places” in another landmark gun ruling in 2008. Scalia mentioned schools and government buildings — and that’s whatever he meant, backed California gun owners.

The group further objected that the legislation would make 18 to 20-year-olds “half-citizens” by banning them from carrying concealed weapons, and that lawmakers are increasing restrictions on some of the “most law-abiding citizens of the United States.” State”. — those who obtain carrying permits.

Lawmakers “are not getting to the heart of the gun violence problem that we have…. It’s criminals and other outlaws who get these guns and commit mass murder,” GOP House Leader James Gallagher said as lawmakers added the amendments last week. “The problem is not law-abiding people. The problem is crime and we have to do something about it. We need real law enforcement.

Advocates of gun restrictions and the rights of gun owners are still divided on whether the pending California measure complies with the recent Supreme Court ruling.

The bill “would help California respond effectively to the recent U.S. Supreme Court decision…and help protect the public from risks the decision might otherwise pose to the health and safety of communities in our state.” said the Giffords Law Center to Prevent Gun Violence.

It promotes “tougher policing” to ensure those who are dangerous do not legally carry guns in public; better training for those who carry legally; and prohibits weapons in “particularly sensitive places,” the group said.

The bill’s provisions “conform to the standards affirmed by the United States Supreme Court,” Giffords said, and are similar to restrictions in at least 21 and as many as 43 other states.

But the Firearms Policy Coalition said the many restrictions would “make public transportation nearly impossible,” allow denials based solely on social media posts, force business owners to say publicly where they stand on people’s rights firearms and would add more subjectivity to officials’ consideration of petitions to violate the Supreme Court’s decision.

Last week, a federal judge overturned one of Texas’ few gun restrictions, a law prohibiting adults under 21 from carrying a handgun without a license, background check or training.

Lawmakers passed a second bill to clarify the intent of a law Governor Gavin Newsom signed in July that banned the marketing of firearms to minors.

Associations representing gun owners and the gun industry have sued, saying the language is so broad that it effectively bans hunter safety programs and youth camps that include target shooting or firearms lessons.

The revised wording exempts any advertising for classes or events related to gun safety, hunting or sport shooting, or promoting membership in an organization.


Associated Press writer Adam Beam contributed to this story.

Letter: I am a correctional officer and I vote Barbalunga for sheriff | Letters to the Editor


To the editor: I am a corrections officer with the Berkshire County Sheriff’s Office.

I worked with the department for about nine years.

I am writing this letter to the editor in support of Alf Barbalunga for the sheriff. In my opinion, Alf Barbalunga has a great vision for Berkshire County and its future. He is dedicated to getting rid of the current “good ol’ boy system” that only takes care of themselves. I have witnessed it for the past nine years.

Instead of our administration providing more drug addiction counseling or more staff for work out transportation, the current sheriff likes to hire officers from his last place of duty and give them the rank of captain. It’s not OK, but it was made even worse when the current sheriff called his leadership team a “dynasty” – a dynasty being “a succession of rulers of the same bloodline”. How disgusting is it that we are in 2022, but as a community thinks it’s OK for this man to only watch over his people?

Be advised: neither our previous supervisor who wrote a letter to the editor, nor I speak on behalf of our union members. Also, Sheriff Bowler claims perfect audits, one being related to the Eliminating Prison Rape Act, and I ask how, when multiple staff members were allowed to resign over misconduct with prisoners? Since there is no transparency, I assume this was not reported to any outside agency.

Today I stand up for myself and others around me for what is right, not just myself. If the current sheriff was so great, he’d have more than one hundred current employees backing him up, but that’s not the case. I estimate he has a few out of over a hundred, and in my opinion they are part of his dynasty, or hope to be. As a resident of Berkshire County, I ask that you please stop the nepotism, discrimination, and retaliation when people like me speak out about these kinds of issues in our beautiful community.

As our crime rate continues to rise along with our rate of opiate overdoses, I say we are giving Alf Barbalunga a chance. Taxpayers’ money is not meant to build a dynasty and inadvertently discriminate against others. Taxpayers’ money should be used to help our people in Berkshire County, not the sheriff’s “dynasty.”

Kelvin Santos, Pittsfield

The author is a corrections officer with the Berkshire Sheriff’s Office.

End-of-month trading will dominate the pound against the euro and the dollar


31.8.22: Month-end trading and global stock market moves crucially for short-term euro and pound moves against the dollar

Monetary policy expectations and risk appetite will remain extremely important for exchange rates in the near term.

There were other hawkish rhetoric from Federal Reserve and ECB officials.

This rhetoric will provide an element of support for the dollar and euro in global markets and will also tend to keep risk appetite on the defensive.

The overall narrative should be little changed in the near term, with inflationary fears dominating. Oil prices, however, fell sharply on Tuesday and another sustained retreat would offer hope of a spike in inflation and limited breathing space for central banks.

bannerFrom a medium-term perspective, fiscal policies will also be a major focus with strong pressure to provide additional support to combat the impact on households of soaring energy prices.

If equity markets focus on the medium term and regain ground, risk-sensitive currencies would be in a better position to regain ground.

British Pound and US Dollar Exchange Rate Outlook

The exchange rate between the pound and the dollar (GBP/USD) failed to improve on Tuesday and gradually lost ground with new 2-year lows near 1.1620 before rising to 1.1680 on Wednesday.

Overall confidence in the UK outlook deteriorated further, with credit card borrowing higher than expected, seen as evidence of distress borrowing rather than confidence in personal finances.

Declining risk appetite and falling equities have also shaken confidence in the British currency.

Energy prices will inevitably be a major concern in the near term, with renewed fears of major damage to the economy.

Political pressure will mount ahead of the appointment of a new prime minister early next week with swift and decisive action needed to reverse negative sterling sentiment.

A revival in risk appetite would provide some limited relief to GBP/USD, but relatively weak UK fundamentals will continue to undermine overall support with little chance of a sustained recovery at this stage.

Euro (EUR) exchange rate today

Overall confidence in the outlook for the Eurozone remains very weak with renewed concerns over recession as soaring energy prices take hold.

There has, however, been hawkish rhetoric from ECB officials with fresh speculation that the central bank will raise interest rates by 75 basis points at the September policy meeting.

The euro/dollar (EUR/USD) exchange rate managed to find support below 1.0000 on Tuesday and posted a limited net gain to 1.0040 on Wednesday.

Expectations of a more aggressive ECB stance will provide some protection for the euro.

Gas prices also fell on the day, with Germany saying it had made faster than expected progress in building up gas stocks, but the Nord-Stream pipeline will be closed for the next three days and l euro will be vulnerable if prices rise again.

Given the relative outlook for the euro and the US, Commerzbank sees little scope for euro gains

On the economic outlook, he notes; “We don’t know if and to what extent energy shortages will put pressure on the eurozone economy as it largely depends on the whims of the Russian president. However, what we do know is that this is a risk that the US economy does not face in this form.

He also continues to view the ECB as a catch-up; “The US key rate is 2.25 percentage points higher than that of the euro zone with roughly similar inflation rates. Thus, if the ECB raises its key rate in line with the Fed in September (ie by 75 bps), this only means that it will not be left behind any longer. However, this does not put the euro in a relatively better position against the dollar.

US Dollar (USD) Exchange Rate Outlook

The dollar maintained a strong overall tone on Tuesday with a recovery in consumer confidence and further evidence of a strong labor market.

There was further hawkish rhetoric from the Fed with New York Fed President Williams saying the bank should maintain a restrictive policy.

Overall, the Dollar fell slightly during the day as the Euro showed some resilience.

There will be some choppy month-end trading on Wednesday.

The USD as a whole is likely to maintain a strong tone for yield reasons with only limited room for correction at this stage with a reluctance to sell the US currency.

Other currencies

The pound remained broadly vulnerable on Tuesday, although there was an element of resilience on the crosses.

The exchange rate between the British pound and the Australian dollar (GBP/AUD) fell to a 4-year low below 1.6900 before a sharp rally just above 1.6950.

A drop in oil prices undermined the Canadian dollar, with the exchange rate between the pound and the Canadian dollar (GBP/CAD) rising to 1.5275.

The latest data showed a slight improvement in business confidence.

The exchange rate between the British pound and the New Zealand dollar (GBP/NZD) found support at a 2-week low near 1.8950 and rose slightly above 1.9000.

The day to come

The latest Eurozone inflation data will be released on Wednesday with a consensus forecast of a new record high of 9.0% for the headline rate.

The pressure for the ECB to raise interest rates more aggressively will intensify if the data is stronger than expected.

The US will release revamped ADP jobs data with the risk of an erratic release, although the overall impact should be limited ahead of Friday’s jobs report.

There will be a significant month-end position adjustment on Wednesday, increasing the risk of jerky movements in exchange rates, especially late in Europe.

Why talk about loans? – CounterPunch.org


Photo source: Poster Boy – DC BY 2.0

On the island of the United States, we are debating whether it is unfair and unfair to forgive certain college loans. We are oblivious to the rest of the planet, where college education in developed countries is of course free.

We are also oblivious to our own historical role in educating the masses, despite powerful opposition. In 1857, President James Buchanan vetoed the bill that would have created federally subsidized universities, saying it violated state rights and set a dangerous precedent for federal aid for education. . But in 1862, a similar bill, the Morrill Act, passed thanks to the wartime absence of members of Congress from the slave states; this created the land-grant colleges for young working-class men – and, later, women. The United States was also a world leader in guaranteeing a free twelve-year education for all children. Although Southern states sabotaged national law with their bogus “separate but equal” schools for black children, the post-WWII civil rights movement in 1954 (in Brown vs. Board of Education of Topeka) made this public education free for twelve years. at least the law of the land.

The 1960s and early 1970s seemed to promise greater progress. But the Empire fought back.

At the time, the City University of New York (CUNY) was the third largest public higher education system in the nation, behind the University of California and the State University of New York. Not since the founding of its first college in 1847 had CUNY charged tuition. For more than a century, it had therefore been a avenue to success for tens of thousands of poor and working-class New Yorkers.

In April 1969, students sat down at City College at CUNY denouncing what they saw as the university’s discrimination against people of color and the poor in admissions policy. In response, the Board of Higher Education launched an open admissions program whereby every New York high school graduate could enroll in the city’s famous university. Now combining open admissions with free tuition, CUNY has emerged as the vanguard of the democratization of American higher education.

At this point, a fierce counter-offensive against progressive movements on campus is launched and coordinated by the White House, occupied since February by Richard Nixon. In June, President Nixon gave a speech at General Beadle State College in South Dakota in which he equated “drugs, crime, campus riots, racial discord, [and] draft resistance,” expressed horror at the “patterns of deception” in American life stemming from disregard for moral, legal, and intellectual standards, and denounced the campus movement as being at the heart of this national crisis:

We have long regarded our colleges and universities as citadels of freedom, where reason reigns. Now the process of freedom and the rule of reason are under attack. At the same time, our colleges are under pressure to collapse their teaching standards, in the mistaken belief that this will promote “opportunity”.

Vice President Agnew (not yet indicted for his own criminal activities) was even more explicit. Speaking at a Republican fundraising dinner in Iowa in April 1970, Agnew argued that there was too high a percentage of black students in college and condemned “violence emanating from the black student activism. Stating that “university, once considered a privilege, is now considered a right”, he singled out open admissions as one of the main means “by which unqualified students are drawn into university by the wave of new socialism. ”

Later in 1970, Roger Freeman—a key educational adviser to Nixon who was then working for the re-election of California Governor Ronald Reagan—explained quite precisely what the conservative counterattack was intended to prevent:

We risk producing an educated proletariat. It’s dynamite ! We must be selective about who we allow to pursue higher education. Otherwise, we will have a large number of highly qualified and unemployed people.

The two most threatening institutional sources of the danger described by Freeman were obviously these two large public tuition-free university systems: the University of California and the City University of New York. Governor Reagan was able to eliminate free tuition at the University of California in 1970, but that left CUNY threatening American society. The vital task of crippling CUNY was to last another six years, outlive the Nixon administration and fall to his designated successor, Gerald Ford.

Speaking to the National Press Club in late 1975, President Ford explicitly stated that he would withhold federal aid from New York City, then in the throes of a severe financial crisis, until it eliminates the indulgent luxury of open admissions and free college tuition. City University. To be fiscally responsible, the president said, New York must no longer be a city that “runs one of the greatest universities in the world, with no tuition for any high school graduate, rich or poor, who wants to attend.” . Ford press secretary Ron Nessen, speaking in highly coded language, explained the president’s determination to block federal aid to New York City, which he compared to “a wayward girl heroin addict”: “You don’t give him $100 a day to support his habit. You make him make cold turkey to break his habit.

Finally, in 1976, the Assault on Public Education succeeded in ending City University’s 129-year policy of not charging tuition fees, wiping out the last bastion of free public higher education in the United States. United States. Simultaneously, the university laid off hundreds of junior faculty hired to implement the open admissions program.

In the decades since, with free tuition resembling a relic of an ancient past or a dream of a utopian future, tuition and other fees have steadily risen in colleges and public universities in the country. Combined with shrinking scholarship budgets, these rising costs made it increasingly difficult for poor and working-class students to access higher education, a trend accelerated in the late 1990s by open attacks. against affirmative action. Then, in 1998 and 1999, CUNY and New York’s poor became targets again, as the administrations of Mayor Rudolph Giuliani and Governor George Pataki moved to ban remedial education at one of the four colleges. years of the city.

Meanwhile, as state and federal governments withdrew funds that could open universities, they began to spend huge sums to build alternative institutions for the poor – with exceptionally easy entry requirements and long registrations for people of color. From 1976, when free higher education was eradicated, until the end of the century, on average one new prison was built in America every week. The prison population grew from less than 200,000 in 1971 to almost two million in 1999, with America becoming the prison capital of the world. The state of California alone now ran the second largest prison system in the world. By the late 1990s, many states had followed California’s lead in spending more money on prisons than on higher education. Across the country, many more young black men were in prison than in college.

By then, felony convictions had disenfranchised 4.1 million American citizens. It’s been a vengeful culture war – and a very effective strategy.

And let’s not forget another objective of the strategy. The late 1960s and early 1970s taught the ruling class that using a conscript to fight the wars of an empire was playing with fire. During my four decades teaching at the Newark campus of Rutgers, the State University of New Jersey, many of my students avoided loans by enrolling in the military. Many were sent to Iraq and Afghanistan.

Are we ever going to go back to talking about free higher education?

Adapted from Vietnam and other American fantasies.

Letter: My time spent working with Sheriff Bowler informs my vote | Letters to the Editor


To the Editor: For the past seven years, I have worked closely with Sheriff Tom Bowler as a member of his staff at the Berkshire County Jail and Reformatory.

During this time, I found Sheriff Bowler to be a strong man of integrity and strong moral fiber. He is a leader for example who is committed to the safety and security of Berkshire County and is willing to seek new initiatives to treat, train and educate our prison population.

I was fortunate to lead an innovative program to create, design and build the first of its kind aquaponics lab at the prison which now provides education and training to inmates while serving our community. Aquaponics uses fish waste to grow leafy greens hydroponically. With the support and supervision of Sheriff Bowler, we built a state-of-the-art 60-by-72-foot greenhouse, which houses over 2,500 tilapia fish and 4,500 heads of lettuce and other leafy greens. Outside we have 40 raised vegetable beds, 25 fruit trees, 35 blueberries, four beehives and a large perennial garden. All of this was built at no cost to the state, prison, or taxpayers.

Our inmates are involved in all aspects of this growing facility. They learn how to cultivate and all that is necessary to ensure a successful harvest. Aquaponics is STEM and STEAM education on a silver platter. Our inmates are engaged in the day-to-day operation and management inside and outside the greenhouse which operates 24/7/365. It gives them a purpose. They learn to be an engaged member of a team, to develop a work ethic, to live up to expectations and to be part of something much bigger than themselves. They leave with skills they never imagined. Of the 40 or more who have passed through our establishment, many are now successfully employed in our community.

Since March 2020, we have grown, harvested and donated over 220,000 heads of lettuce, as well as basil, kale, arugula and a variety of other vegetables across Berkshire County through our volunteer network.

We also developed a curriculum for Berkshire Community College, Pittsfield High, and Taconic High to enhance their educational experience. It’s the sheriff’s office that helps the community. Sheriff Bowler is committed to his community.

Please join me on September 6 in voting for another term for Sheriff Tom Bowler.

Robin McGraw, South Egremont

Competitor Corner: September 2022 | An NRA shooting sports journal


The month of September 2022 Shooting Sports United States The digital magazine’s cover features Indiana First Lady Janet Holcomb on Range Six at Camp Atterbury where she fired the first shot to open the NRA Nationals for the second straight year. Ms. Holcomb, along with NRA First Vice President Willes Lee, Second Vice President David Coy and Indiana State Rifle and Pistol Association President Charlie Hiltunen were at the first shot ceremony to kick off the national matches of the 2022 NRA at Camp Atterbury, which had another success was at the Indiana National Guard installation. Read the first half of our coverage of this year’s championships (page 20), including opening day and the NRA High Power Rifle OTC, High Power Rifle Mid-Range and Precision Pistol National Championships.

The United States Mayleigh Cup team featured in the first half of our 2022 NRA Nationals Match Report.

You’d think it would be hard to top the solid GMR-15, but JP Enterprises has produced a real crusher in their new JP-5 timed pistol caliber carbine. Using the roller-delayed pushback OS and a few other tricks, the PCC JP-5 9mm offers superior recoil handling and adjustability, along with a host of competitor-friendly features. Read my review of the Model JP-5 Steel Challenge Carbine in Product Focus this month (page 12) and learn all about this demonic speed competition PCC.

Whether you like it or not, reading the wind is an essential part of shooting success in any precision rifle shooting discipline. High Power Rifle fans and PRS fans won’t want to miss Serena Juchnowski’s interview with Sgt. 1st Class Walter Craig (page 26). In it, Craig shares his tips for determining windage corrections, windage bracketing and more.

Managing transitions well is at the heart of the Steel Challenge competition. In his article this month, field editor Chris Christian describes the eye training and hip rotation technique that can help shooters achieve faster times in Steel Challenge (page 32). He also shares tips on better target management and getting your eyes on target faster, as well as some red dot optic recommendations and tips for long gun shooters.

In 3-gun competition, shotgun reloading can often trip shooters on an otherwise successful stage. In his article this month, Josh Honeycutt delves into the art of rapid shotgun reloading with input from Keith Garcia, a USPSA Grandmaster and top 3-gun competitor. Read Honeycutt’s article (page 36) if you want to learn more about the intricacies of quad loading and how to shave seconds off your 3-hit competition scores.

Next month’s issue of the digital magazine will feature the second installment of our Match Report of the 2022 NRA National Matches at Camp Atterbury, including the High Power Long-Range and Smallbore Rifle National Championships. Plus, be on the lookout for more details on the Pershing International Trophy Match, where a team of 32 shooters traveled from Great Britain to Indiana to compete neck and neck with Team USA.

John Parker
Chief Editor, Shooting Sports United States

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Not getting the monthly digital magazine ad in your inbox? Become a subscriber. Not only is it completely free, but it only takes a minute to sign up and it guarantees you’ll never miss a single issue of the NRA Competitive Shooting Journal. Subscribe here.

Social app Truth will remain in Android limbo due to content moderation issues, report says


Social truthDonald Trump’s social media network, is struggling to get Google’s approval to distribute its Android app on the Play Store, due to what Google calls insufficient content moderation.

Google contacted Truth Social on August 19, telling the Trump Media & Technology Group, or TMTG, that the app violated several standard policies and reiterating the need for effective moderation of user-generated content.

“Last week, Truth Social responded by acknowledging our feedback and saying they are working to resolve these issues,” a Google spokesperson said in a statement Tuesday.

An unidentified source said Axios that Google is also concerned about content relating to “physical threats and incitement to violence”.

TMTG did not immediately respond to requests for comment.

Google noted that the Play Store is not the only way TMTG distributes the Truth Social app on Android. Developers can offer apps through other app stores or allow users to download them directly from a website. Searching for Truth Social on the Play Store gives people the opportunity to “pre-registration“the application if or when it becomes available for download.

Trump was kicked off social media following the January 6, 2021 deadly assault on the US Capitol. A few days later, a right-wing social media app Talking was forbidden Google Play Store and Apple App Store over allegations that people were using Parler as an online hangout before the riot. “We do not condone or condone violence on our platform and we never will,” Parler said at the time.

TMTG says it faces a double standard compared to other apps on the Play Store. “Some of our competitors’ apps are allowed on the Google Play Store despite blatantly violating Google’s ban on sexual content and other policies, while Truth Social has zero tolerance for sexually explicit content,” said said TMTG in a press release on Tuesday.

TMTG also claims to have worked in good faith with Google to ensure Truth Social follows Google’s policies, and has called its content moderation “the most robust in the industry.”

Truth Social, which launched in February, would be short of money and owes its online host, RightForge, $1.6 million. The social network would also struggle to find new users. Whereas Android accounts for 44% of the mobile operating system’s market share in the United States, Truth Social’s user expansion was likely affected by the app’s absence from the platform. Truth Social has been available on the Apple App Store since February. The app saw a slight increase in downloads on iOS following the FBI Research of the former president’s Mar-a-Lago residence earlier this month.

Correction, 2:30 p.m. PT: An earlier version of this story was wrong when Truth Social launched. It was launched in February.

Bitcoin recovers above $20,000 as trading volume soars while Ethereum finds support level at $1,500


Bitcoin and Ethereum saw more negative momentum over the weekend after plunging to the $20,000 and $1,500 levels last week. BTC and ETH are back to their levels of the previous week in the cryptocurrency markets as of this Monday. With an increase of more than 20% from the previous day, the transaction volume for Bitcoin and Ethereum has increased significantly.

The bears are still in charge of the market despite the latest price increase, as the global crypto market cap unfortunately has yet to surpass $1 trillion. Let’s take a look at some factors to consider for what Bitcoin and Ethereum’s next move would be in the coming weeks.

Key objective

  • Bitcoin and Ethereum prices rebounded after the market slowdown that occurred over the weekend.
  • Last week, Jerome Powell’s statements at the Jackson Hole conference fueled negative sentiment in the stock and cryptocurrency markets.
  • The increase in trading volume indicates that traders are ready to buy more positions if there is another correction.
  • The Ethereum network merger will continue to boost ETHUSD over the next few weeks, especially once the network merger is complete.

Bitcoin Market News Update

The words of Federal Reserve Chairman Jerome Powell at the Jackson Hole conference in Wyoming are expected to have the most impact on Bitcoin and other digital currency markets.

Jackson Hole is an annual gathering of central bankers where several key organizations discuss impending monetary action and macroeconomic ideas. This year’s conference was held August 25-27 and Jerome Powell warned there could be tough times ahead as the Fed plans to raise interest rates to help limit inflation and strengthen the economy.

Rising interest rates put short-term downward pressure on markets as traders consolidate positions and withdraw funds. Additionally, rising interest rates are hurting other businesses, including real estate, as buyers’ purchasing power declines as the size of a mortgage they can acquire and afford. decreases.

Regardless of the Fed’s future monetary action, Bitcoin is likely to remain at the $20,000 level, especially since cryptocurrency markets are inherently inflation resistant and price declines are driven by uncertainties. and the panic of traders.

Ethereum Price Market Update

After falling to around $1,400 over the weekend, ETHUSD saw its price rise 7% on Monday, bringing it down to $1,500. Traders are buying ETH expecting bullish momentum as the network merge date approaches in a few weeks.

While some speculate that the Ethereum merger trade is already priced in, others believe that most of the price increase will occur after the merger. More so, we cannot be certain that Ethereum’s network will not experience any obstacles or problems until the integration is complete. While investors remain cautious, today’s spike in trading volume and the rapid rebound from the $1,400 level imply that the Ethereum market is quite healthy and will undoubtedly hit the $2,000 area in the near future. the next months.

Cardano’s Vasil Hard Fork is expected to take place the same month as the Ethereum merger, according to Cardano founder Charles Hoskinson. He also said on a Live stream on Twitter that extensive testing is currently underway in preparation for launch in mid-September. This indicates that more bullish news will be released in September. Also, ETC needs to be watched closely as it is likely to experience a price spike in September. There will be an increase in hash rate as POW miners switch to Ethereum Classic after the merger.

The next move in the crypto market

Today’s bullish momentum is a good indication for the Bitcoin and Ethereum markets. Although the short-term volatility may worry some traders, it is still an ideal opportunity to buy crypto assets at low prices.

Bitcoin is expected to trade in the $20,000 range, while Ethereum’s $1,500 level should remain a vital support range for the cryptocurrency. The increase in trading volume signals that a market shift is on the horizon this week, as many traders are sitting on the sidelines, ready to buy BTC and ETH if prices fall again.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.

Follow us on twitter @thevrsoldier to stay up to date with the latest news from Metaverse, NFT, AI, Cybersecurity, Supercomputer and Cryptocurrency!

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Beware the double talk of Muhyiddin and Zahid


LETTER | In 1946, George Orwell wrote that political language is expressed in vague or meaningless words because it is meant to hide the truth rather than express it.

It’s designed to make the lies truthful and the murders respectable – and to give the appearance of toughness.

Doublespeak makes bad good and negative good, and limits and corrupts thought. It disguises the nature of truth.

In Malaysia, unemployment is on the rise but no one is being made redundant. It is marked when the company is in the process of downsizing, transitioning, downsizing, reorganizing or having a workforce imbalance correction.

When you’re fired from the company, you’re fired, fired, or offered a career alternative or early retirement so you can “pursue other interests” and “spend more time with family.”

Job flexibility often means no contract and little or no job security. Cutting costs means cutting jobs and wages.

Banks don’t have loans or bad debts – they have non-performing assets that are being rolled over or rescheduled.

That’s the danger of doublespeak – most often heard by politicians and bureaucrats – that it obscures meaning.

One of the reasons most politicians are now hesitant to use the term “raise government revenue” is that it simply means taxes.

defend the indefensible

Recent political speeches by former Prime Minister Muhyiddin Yassin and ex-Deputy Prime Minister Ahmad Zahid Hamidi to their respective parties are largely based on defending the indefensible.

The political language of each of them clearly demonstrated a wide gap between their real and declared goals, questioning and full of insincerity.

Their ability to use lies and selectively choose and shape facts, blocking out those that don’t fit their agenda or agenda, knowingly or unknowingly, and getting away with it is mind-boggling.

For starters, it was Muhyiddin and his Bersatu party who withdrew from the Pakatan Harapan coalition that led to the collapse of the then government, joining forces with BN to form a new administration.

Thus, the belligerent language used interchangeably by Muhyiddin with calls on voters to reject BN in the upcoming general elections when it was he who invited BN to join his party and formed a new government in February 2020, is a double talk in action.

If not for the betrayal of Muhyiddin and his party, BN would still be in opposition now. Instead, BN is now running in the general election as an incumbent.

As an incumbent, they have easier access to campaign finance, as well as government resources that can be indirectly used to boost their re-election campaign.

In May 2018, 5.5 million Malaysians rejected the BN, but because of Bersatu’s betrayal, Harapan was ousted from power.

And Muhyiddin is now calling on the same or more voters to reject the same coalition he had “re-energized” against the wishes of 5.5 million Malaysians.

Zahid’s hypocrisy

Does he treat Malaysians as mentally handicapped?

How voters would vote in the next general election remains a mystery, but it is certain that they will never vote for Bersatu or Umno, and the coalitions they lead respectively.

Zahid, meanwhile, in his speech to his party, claimed that since the day the Pakatan government collapsed, Umno has been calling for the mandate to be returned to the rakyat.

What magnanimity!

If Umno and BN were sincere from day one when Bersatu withdrew from the Harapan coalition which led to the collapse of the government, he should not have pledged allegiance to Muhyiddin in his attempt to form a new government.

At that time, 5.5 million Malaysians were vehemently demanding that the mandate be returned to them to decide. Instead, BN ignored their voices.

They willingly affirmed their support for Muhyiddin to form a new government.

And when several Umno deputies withdrew their support for Muhyiddin’s government, did the former demand that the mandate be returned to the rakyat? Nope!

Instead, Umno appointed one of their own, Ismail Sabri Yaakob, as prime minister to lead the government.

Since then, Umno has chosen the hypocritical route of continually shooting the prime minister to call for snap polls.

If Umno is sincere in wanting the mandate to go back to the rakyat, it doesn’t require a rocket science approach.

It suffices to withdraw their support from the Prime Minister, who would then have no choice but to call a general election.

Prime Minister Ismail Sabri Yaakob

Bear in mind that the wishes of the people should not be manipulated by politicians according to their whims and fancies.

Both times, in February 2020 and August 2021, Umno had the chance to lead by example – that is, to return the mandate to the rakyat.

Instead, they ignored and acted against the will of the people.

For the rakyat, once bitten twice shy. If people still believe in the double talk of Muhyiddin and Zahid, then we deserve to be called fools.

The views expressed here are those of the author/contributor and do not necessarily represent the views of malaysiankini.

Malibu Planning Commissioner’s Motives • The Malibu Times


Grounds of the Malibu Planning Commissioner

Dear Editor,

Council candidate Doug Stewart seems like a smart, likeable guy. But several weeks ago, he did something that made me question his integrity. In a public forum, he challenged my motives as planning commissioner based on false assumptions. When I heard about it, I phoned him and reassured him. He apologized personally and said he would do so publicly. But then he sent me a draft of his letter, and it wasn’t an apology; it was a “we agree to disagree” statement. In fact, he accused me of lying about my own motives, as if he knew them better.

I had recused myself from deliberations on a demolition permit for the Juan Cabrillo school because the staff report had only come out three days before the hearing, over a weekend, instead of the usual ten days. If I couldn’t properly read the hundreds of pages of technical information in such a short time, the public certainly wouldn’t have had time to read it, let alone know that a matter of public interest was intended. .

Doug claimed that I was trying to delay the school project for a year by preventing a quorum from being present at the hearing; that I was making a “superficial excuse” and offering an “attorney’s trick”. The thing is, I had double-checked with the city attorney before the meeting to confirm that my recusal would not result in a lack of quorum and that nothing would be delayed. I stand by my decision not to have voted on an issue on which neither I nor the public could have been sufficiently informed.

Candidates for public office must be held to a higher ethical standard. We might expect hypocrisy from national politicians, but we can demand that those representing our community be mavericks. What does it say about the character of Doug that he would apologize to his face but refuse to make a public correction? His claim that I lied is itself a lie. He still owes the truth to the whole community.

Kraig Hill, chairman of the Malibu Planning Commission

Russia and Ukraine claim attacks on nuclear power plants


DEVELOPMENT… The story will be updated as new information can be verified. Updated 4 times

SLOVIANSK, Ukraine — Russia and Ukraine traded allegations of rocket and artillery fire at or near Europe’s largest nuclear power plant on Sunday, heightening fears that the fighting could cause a massive radioactive leak.

Ukraine’s Atomic Energy Agency painted an ominous picture of the threat on Sunday by releasing a map indicating where radiation could spread from the Zaporizhzhia nuclear power plant, which Russian forces have controlled since the start of the war.

Attacks were reported over the weekend not only in Russian-controlled territory adjacent to the plant along the left bank of the Dnieper, but along the Ukrainian-controlled right bank, including the towns of Nikopol and Marhanets, each about 10 kilometers (six miles) from the facility.

Russian Defense Ministry spokesman Igor Konashenkov said on Sunday that Ukrainian forces attacked the plant twice during the day and that shells fell near buildings storing reactor fuel and Radioactive waste.

“One projectile fell in the area of ​​the sixth power unit, and the other five fell in front of the sixth unit pumping station, which provides cooling for this reactor,” Konashenkov said, adding that radiation levels were normal. .

The UN’s International Atomic Energy Agency also reported on Sunday that radiation levels were normal, that two of the six reactors at the Zaporizhzhia power plant were operating and that, although no full assessment had yet been made, recent fighting had damaged a water pipe, which has since been repaired.

In another apparent attack on Sunday, Russian forces shot down an armed Ukrainian drone targeting one of the Zaporizhzhia plant’s spent fuel storage sites, a local official said. Vladimir Rogov, a regional manager based in Russia, said on the Telegram messaging app that the drone crashed into the roof of a building, causing no significant damage or injuring anyone.

Nearby, heavy gunfire overnight left parts of Nikopol without power, said Valentyn Reznichenko, governor of the Dnipropetrovsk region. Rocket fire damaged a dozen residences in Marhanets, according to Yevhen Yevtushenko, the head of the district administration which includes the city of around 45,000 people.

The town of Zaporizhzhia, about 40 kilometers (25 miles) up the Dnieper River from the nuclear power plant, was also targeted by Russian fire, damaging dozens of buildings and homes and injuring two people, the member said. of the city council Anatoliy Kurtev. Russian forces hit a repair shop in Zaporizhzhia for Ukrainian Air Force helicopters, Konashenkov said.

Neither party’s claims could be independently verified.

Downstream of the nuclear plant, Ukrainian rockets hit the Kakhovka hydroelectric power plant and the adjacent town three times on Sunday, said Vladimir Leontyev, the head of the local administration based in Russia.

The factory dam is an important route across the river and a potentially key Russian supply route. The dam forms a reservoir that supplies water to the Zaporizhzhia nuclear power plant.

The radiation map released by Ukraine’s nuclear agency Energoatom showed that based on the wind forecast for Monday, a nuclear cloud could spread across southern Ukraine and southwestern Russia. The publication of the map may have been intended to warn that if Russian forces were responsible for a radioactive leak, their own country would suffer. During the Chernobyl nuclear power plant accident in 1986, the world’s worst atomic energy disaster, radiation spread from Ukraine to several neighboring countries.

Last week, authorities began distributing iodine tablets to residents who live near the Zaporizhzhia plant in the event of radiation exposure. Much of the concern centers on the plant’s nuclear reactor cooling systems. The systems require electricity, and the plant was temporarily shut down on Thursday due to what officials said was fire damage to a transmission line. Failure of the cooling system could cause nuclear meltdown.

Periodic shelling has damaged the power plant’s infrastructure, Energoatom said on Saturday.

“There are risks of hydrogen leakage and spraying of radioactive substances, and the risk of fire is high,” he said.

The IAEA has tried to strike a deal with Ukrainian and Russian authorities to send a team to inspect and secure the plant, but it remains unclear when the visit might take place.

In eastern Ukraine, where Russian and separatist forces are trying to take control, shelling hit the strategically important cities of Kramatorsk and Sloviansk, with no casualties, said Pavlo Kyrylenko, governor of the region of Donetsk. Konashenkov said Russian missile fire killed 250 Ukrainian soldiers and reservists in and around Sloviansk. Ukrainian officials have not commented on this claim, in accordance with their policy of not discussing casualties.

Sloviansk resident Kostiantyn Daineko told The Associated Press he was falling asleep when an explosion ripped through the windows of his apartment.

“I opened my eyes and saw how the window frame was flying above me, the frame and pieces of broken glass,” he said.

Russian and separatist forces hold much of the Donetsk region, one of two Russia has recognized as sovereign states.

Ukrainian President Volodymyr Zelensky vowed again on Sunday to retake breakaway areas.

“The invaders have brought degradation and death and they believe they are here forever,” Zelenskyy said in his nightly video address on Sunday. “But it’s something temporary for them. Ukraine will return. For sure. Life will return.


Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine


Andrew Katell contributed to this report from New York.


An earlier version of this story has been corrected to show that the Sloviansk resident’s first name is Kostiantyn, not Konstiantyn.

Britain eyes energy supplier loans as bills soar – Telegraph


Gas burns from a ring on a domestic cooker at a home in Manchester, northern England, February 13, 2006. Gas prices for domestic users in the UK are expected to rise to 25 %. REUTERS/Phil Noble/File Photo

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LONDON, Aug 27 (Reuters) – The British government’s options to support people facing skyrocketing energy bills include providing loans to energy suppliers that could reduce bills by up to 500 pounds ($587 ) per year, the Daily Telegraph newspaper reported on Saturday.

Britain’s energy regulator said on Friday energy bills would rise by 80% to an average of £3,549 a year from October, prompting calls for urgent government support for households and businesses. Read more

Finance Minister Nadhim Zahawi has prepared a range of government support options for the next prime minister, who takes office in early September, to consider, the Telegraph reported.

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Zahawi told The Telegraph he had been working on a plan to help energy suppliers with loans to provide them with greater liquidity in a move that could “put downward pressure on the price cap of n ‘anywhere between (400 and 500 pounds)’. The previously rejected idea was now “back on the table”, the newspaper reported.

Wholesale price increases are passed on to UK consumers through a price cap, calculated every three months.

Other options being worked out by the finance minister include freezing the price cap, increasing state benefits and a grant scheme for small businesses, the Telegraph said.

Zahawi said he fears that targeting aid only to those receiving state benefits would exclude others, including pensioners and middle-income earners, who will also likely struggle to pay. their bills.

Soaring energy bills, exacerbated by Russia’s invasion of Ukraine, have pushed UK inflation to its highest level in 40 years, but Britain’s response has been hampered by the race to replace of Prime Minister Boris Johnson which runs until September 5.

Liz Truss, the foreign secretary and favorite to replace Johnson, said she would consider doing more to help businesses cope with soaring energy costs if she becomes prime minister next month. Read more

($1 = 0.8513 pounds)

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Reporting by Sachin Ravikumar, editing by William Maclean

Our standards: The Thomson Reuters Trust Principles.



The following information is obtained from the Clinton County Health Department and is compiled from inspection reports.

Violations are either critical or non-critical. Serious violations are more likely to contribute to food contamination, illness, or an environmental health hazard, including improper cooking of food or poor personal hygiene.

For a more detailed description of critical and non-critical violations, or to file a public health or food safety complaint about a restaurant, contact the Clinton County Health Department by calling 937-382-7221.

• El Dorado Mexican Restaurant, 1426 Rombach Ave., Wilmington, August 16.

Critical: Spray bottles containing chemicals did not have common name labels. Corrected.

Non-critical: Food Protection Manager certification is not available. The hot water was turned off at the sink (near the ice maker) due to a leak and slow drains from the sink. The outer door was left open. The exit door in the server area is not sealed over the entire door. Buckets of tomato sauce stored on the ground. Corrected. Server salsa cooler shelves were dirty and rusty. Non-functional light above the ice machine. The light bulbs do not work above the main preparation area in the kitchen. The floor sank and the tiles came loose under the dry stock shelf in the cold room. Red tag of non-compliance located on the fume hood fire suppression system pull station.

Duchess Shoppe, 2495 Rombach Ave., Wilmington, Aug. 16.

Critical: Open packages of cheese slices and meatballs missing date marks. RTE (ready-to-eat) TCS (time-temperature controlled) foods held for 24 hours or more must be dated. Corrected. Creamer in dispensing equipment lacks date marks. Corrected. Cake balls and muffins available for self-service missing ingredient information. Information on allergens and ingredients must be available to inform consumers. The responsible person should copy the information on the label and place it near the display.

Non-critical: Boxes of food stored on the floor in a walk-in freezer. Food handlers did not wear hair ties. The cold brew coffee dispenser equipment has debris buildup. Corrected. The outer door in the dry storage area is not fully sealed (visible in daylight).

Subway (inside Wal-Mart), 2825 SR 73, Wilmington, Aug. 16.

Critical: On the preparation line, two expired bottles of sauce. One was dated July 30 and August 2. All sauces must be dated and used or discarded by the date indicated on the bottle. The facility has lots of flies and gnats in the kitchen area. A licensed pest control operator must treat the installation.

Non-critical: The walk-in freezer has an accumulation of ice around the seal, which prevents the door from closing properly. Towels in the bottoms of containers with sauces. Towels must be removed. Surfaces should be cleaned frequently. The cold room has cheese on the floor.

Follow: About. September 13.

Wal-Mart, 2825 Progress Way, Wilmington, August 16.

Critical: Gnats around the dishwasher. All facilities must be insect free.

Snow Hill Country Club, 11093 SR 71, New Vienna, Aug. 16.

Critical: The hottest kids behind the bar were 124°F. All TCS (temperature controlled) foods must be kept warm at 135°F or higher. Wet towel covering cut lettuce in cold room. Towels are not allowed for this. Towels are used to wipe down surfaces and store them in a disinfectant solution.

Follow: About. September 13.

73 Grill, 3669 SR 380, Wilmington, Aug. 10.

Critical: Observed food handlers preparing ready-to-eat food without gloves. Hands must be clean and gloved to handle RTE foods. Responsible corrected.

Not critical: missing hand washing sign at the kitchen sink. Light bulbs will not work in the following areas: above prep sink, continental cooler, dry storage area, prep/cooking area, and walk-in cooler. Damaged floor near fryers.

Kirkwood, 5719 SR 73 West, Wilmington, Aug. 15.

Non-critical: Latex gloves found in the kitchen. The responsible person deleted them.

Lloyds Bank down: Lloyds and Halifax customers find online banking and app not working | Personal finance | Finance


Some customers are having trouble logging into their accounts because the institution’s servers are down or not working, but debit and credit card transactions are working normally. Writing on the DownDetector website today, someone known as Abbie, wrote: “Salaries due today normally after noon just checked and nothing! What’s going on with Lloyds?”

Meanwhile Debra Elizabeth Hardman Goss said: ‘Lloyds bank is still down I just tried to log in and can’t say it’s temporarily unavailable I’ve been trying all day yesterday, I will have no choice but to leave the bank.” (sic)

The Lloyds Bank team said yesterday they are aware of the issue and are working on a fix.

On their website, they said: “We know that some customers are having problems with Internet and/or Mobile Banking.

“We are sorry for this. We are working to get this back to normal soon.

The online platform Downdetector has shown an increase in reports since Thursday 10am.

The platform provides users with real-time information on the status of various websites and services.

They confirmed knowledge of the outage and assured that it was being worked on.

On Twitter, Halifax wrote: “We are aware that some of our customers are currently having issues connecting to the internet and mobile banking.

“We are sorry for this and are working to get it back to normal soon.”

Halifax and Lloyds are both owned by the same company, Lloyds Banking Group.

Bank of Scotland, part of Lloyds Banking Group, is also in trouble and wrote a similar message on Twitter.

This article previously stated that customers were unable to access their money or complete transactions, but the connection issue is only affecting some customers, while debit and credit card transactions are working normally. We are happy to set the record straight.

What are the risks of HELOCs and home equity loans?


For many homeowners, borrowing from the Equity in your home is an attractive option now, thanks to soaring home values over the past two years. But before you take out a home equity loan or home equity line of credit, you need to be sure you understand the risks associated with home equity loans.

Read on to find out what the specific financial risks are when it comes to HELOC and home equity loans and how you can avoid them.

How does a mortgage loan work?

Home equity loans allow you to borrow money against the equity you have built up in your home and provide you with a lump sum of cash at a fixed interest rate. HELOCs are also equity loans, but they work like a revolving line of credit, which means you can withdraw your money in installments and your interest rate is variable, so your monthly payments will change.

Equity loans are useful and can be cost effective ways to access cash at lower interest rates than other types of loans, such as personal loans or credit cards. For example, home equity and HELOC rates are both below 7% right now, while personal loans have an average interest rate of 10.7%, according to CNET’s sister site Bankrate. But they come with major risks, such as foreclosure, that other types of financing do not involve. Most homeowners use home equity loans for major living expenses such as home renovations and to consolidate other types of debt. As long as you have accumulated at least 15% to 20% of the equity in your home, lenders will generally allow you to borrow up to 85% of the equity in your home.

What are the risks of home loans?

You can lose your house.

The biggest disadvantage of any type of home equity loan is that you must use your home to secure the loan. When you use your home as collateral to secure a loan, the bank or lender can take possession of your home to reimburse themselves if you miss payments or fail to repay your equity loan for any reason.

“You’re putting your house up as collateral for both a home equity loan and a HELOC, which means that if you don’t make payments on either, you could lose your house for sure. foreclosure,” says Robert Heck, vice president of mortgages at Morty, an online mortgage marketplace.

For most people, the loss of their home is a much bigger consequence than a decline. credit scorethat’s why it’s essential to carefully consider whether you can manage the repayment of a home loan over a long period of time.

Variable interest rates can break your budget.

With HELOCs, one drawback to consider is that they have variables interest rate, which means you won’t have regular monthly payments. What you owe each month will go up or down depending on general interest rate trends. HELOC rates are affected by the prime rate, which is currently 5.5%. The prime rate is the interest rate used by banks to determine lending rates, as well as the economic policy set by the Federal Reserve. So far this year, the Fed has raised interest rates four times and plans to continue raising their.

This means that your HELOC payments are likely to increase in the near future in our current economic environment. It is therefore essential to ensure that your income can easily adapt to fluctuations in your monthly payments.

Home equity loans, on the other hand, have fixed interest rates. In an environment of rising interest rates, such as the one we are experiencing today, this can prove beneficial for owners who will not have to worry about their rates increasing – and therefore their payments.

You will make higher monthly payments if your rate increases.

If interest rates stay high or rise, be prepared to continue making higher monthly payments over time with a HELOC. With experts predicting a potential recession On the horizon, it’s important to consider your job security and how much emergency savings you have if major life events occur, such as a layoff. Most financial experts recommend keeping at least three to six months of living expenses in an emergency fund if possible.

Make sure you can afford to continue making payments on your first mortgage as well as your equity loan (more commonly known as a second mortgage), should any changes in your financial situation occur.

With a home equity loan, however, you never have to worry about your monthly payments increasing because these loans have a fixed interest rate that doesn’t change. Currently, the average interest rate for a $30,000 home equity loan hovers around 7% and HELOCs are at 6.5%, according to Bankrate.

An increase in debt can lower your credit score.

A HELOC is a revolving line of credit that works like a credit cardso maintaining a high balance over time can lower your credit score. Although one of the benefits of a HELOC is that you can only make interest payments during the initial drawdown period, once your repayment period begins your monthly payments will increase as you will also begin to repay the major.

Make sure you can handle such an increase comfortably within your budget. Use Bankrate HELOC Calculator Where home equity loan calculator to determine if your monthly budget can support a second mortgage payment. Making regular, on-time payments for your HELOC can also have a positive impact on your credit score.

Falling home values ​​can limit your loan.

After two years of record home value appreciationhome prices in the United States are, on average, up 42% since the start of the pandemic. It’s fine, until one recession or some other cataclysmic economic event causes home values ​​to plummet again, in which case borrowing against your home equity could backfire.

When your outstanding loan balance ends up being more than the value of your home, your lender has the option of freezing or reducing your line of credit since your home can no longer be used to secure the loan. Having a loan balance larger than your home is worth is known as negative equity, or when you’re “upside down” on your mortgage.

How to protect yourself from the risks of home equity loans

If interest rates continue to rise, which experts expect, one option is to convert a HELOC to a Fixed Rate HELOC or a home equity loan so you can fix your interest rate and keep your payments consistent.

In general, it is prudent to consult a financial adviser when making important financial decisions such as taking out a loan on your home. Financial professionals can help you determine if such a loan is right for your long-term financial goals.

Either way, it is crucial to model different versions of your budget to make sure you can afford your monthly payments even if your financial situation changes. Determine the maximum loan amount you can cover in the event of an increase in interest rates or a life event like job loss so you can continue to make payments without interruption, regardless of the factors macro and microeconomics.

As always, keep track of your credit and sign up for a free weekly credit report to make sure your credit score stays healthy, because you’ll likely have a balance for years with a home equity loan.

The bottom line

Home equity loans and HELOCs carry the risk of losing your home if you miss several payments. In times of economic uncertainty and with the Fed poised to continue raising rates, it’s essential to make sure your monthly budget can handle fluctuations in your second mortgage payment if your payments increase. As a homeowner, you need to weigh the pros and cons of securing a loan with your property. And as with any loan, it’s always a good idea to shop around with multiple lenders and compare rates and fees to ensure you’re getting the most favorable terms available.

A love letter to NJ’s lost drive-ins


Lost loves are both bitter and special. Consider it a love letter.

I saw a list of things you must do here in the Garden State in the NJ Monthly and most of them were things most people wouldn’t bother doing at all.

Like going to the Pine Barrens to listen to local blue grass bands. Or see the world’s largest glass bottle at the Museum of American Glass in Millville.

It’s a tough pass for most people.

But number 9 on the list https://njmonthly.com/articles/jersey-living/52-things-you-must-do-in-new-jersey/ was like hearing an old song that makes you melt for your love lost . The one that got away.

The drive-in cinema.

They mostly talked about the Delsea Drive-in in Vineland. The only others in New Jersey are pop-ups, seasonal at best, makeshift drive-ins that have come in response to the pandemic.

But the Delsea is the real deal and had been around since 1949, closing for a while and reopening in 2004. A true full-time drive-in theater and the only one of its kind left in the state.

There was a time when drive-in movies were as popular in the Garden State as dinner parties. We all had our go-to. Mine was the Amboys Drive-in in South Amboy. I’ve been to others but this is the one I frequented the most.

Photo by Robert Linder on Unsplash

Photo by Robert Linder on Unsplash

Say what you want about the cheap, tiny speakers you’d hang in your window not being the best sound quality. (At least they would later be replaced by an FM frequency to tune into your car radio.)

Bad it all you want while watching a movie through the windshield wipers on rainy nights.

There was something magical about watching a movie in your car. That was the weirdness of it all. The same awkward feeling you get when making a fort out of a blanket and mom’s dining room chairs.

You felt oddly like it wasn’t going to happen yet. You felt like you got away with something.

And the snack bars! There was nothing fancy about the burgers and hot dogs at these places. It was second rate fare for sure. But it was somehow perfect.

Do you remember those who had playgrounds for children? What was hysterical about them was how old and dangerous they were.

Many literally had a construction pipe cast in cement on the floor where children could crawl and knock their teeth out if they weren’t careful. Luckily, the parents didn’t care. It would have been OUR fault.

Plus, you get what you pay for. Remember there were always dual features? And between movies there was an intermission where the silliest of shorts played to encourage you to visit the snack bar.


How awful is that? !

Now all my memories of Jersey drive-ins date back to my childhood. The Amboys closed in 1979, years before I was fired. So, I never had this experience of a teenager kissing at the drive-in. Even if I wanted to.

Vineland’s Delsea would be my last chance as an adult. And I wanted that to happen with a certain person. But it’s a lost love of a different kind.

The opinions expressed in the above post are those of New Jersey 101.5 talk show host Jeff Deminski only.

You can now listen to Deminski & Doyle — On demand! Listen to New Jersey’s favorite radio show every day of the week. Download the Deminski & Doyle show wherever you get podcasts, on our free app, or listen now.

Click here to contact an editor about a comment or correction for this story.

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NJ towns and their nicknames

Zee Business Stock, Trading Guide: What you need to know before the market opens on August 26, 2022


Indian stock markets closed in the red on Thursday. The BSE Sensex fell 311 points or 0.53% to settle at 58774.72 while the 50-share Nifty50 closed at 17522.45 and was down 82 points or 0.47% from the level. Wednesday closing. Nift Bank ended at 38950.75 and was down 0.22%. The Nifty Mid Cap 100 settled at 30942 and fell 18 points.

Regarding today’s market action, Zee Business Editor-in-Chief Anil Singhvi said it was quite a turbulent day with moves on both sides. The start was positive as global indices were favourable. The strength came from US markets, he added. Nifty traded in a 75 point range moving between 17650 and 17725.

The last hour turned out to be costly for two reasons. One was due to today’s monthly expiry where profit booking was seen as the market had many long positions and the second reason was that Dow lost a few points and a correction was also seen on the European markets.

It was after a two-day convalescence.

Here are the things to watch when markets reopen on Friday:

1) Market expert Avinash Gorakshakar said the profit booking was seen today due to short coverage. In addition, GDP data and unemployment figures in the United States also weighed on the markets. Overall, the funds were less active in today’s trading session, he added.

2) Gorakshakar’s advice to investors is to keep an equity-specific approach. There could be less traction in indices with some volatility, he said.

3) Investors can take a long view on Sharda Motor shares. It is attractively valued and has good growth potential. It puts the target price at Rs 950.

4) Foreign Institutional Investors (FII) bought Indian shares worth Rs 369 cr while Domestic Institutional Investors (DII) sold shares worth Rs 334 cr.

5) The September series will start from Friday. Tomorrow’s open will be modeled after the US market close on Thursday, the editor said.

6) The Jackson Hole three-day meeting starts today and the markets will be keeping an eye on it.

7) Nifty50 will find support in the range between 17350 and 17450 while resistance is seen between 17600 and 17700. He said the range is wide as the move in the markets is becoming significant now.

7) As for Bank Nifty, support will be at 38550-38650 while resistance at 39400-39500.

8) The clear indication for the markets will be seen on Monday after the Jackson Hole meeting.

9) The Rupee finished up 7 paise at 79.88 against the US Dollar on Thursday. On the interbank foreign exchange market, the rupiah finished at 79.88 against the US dollar, against 79.81 in the previous session.

See the Zee Business Tweet video here:

10) DreamFolks Services IPO receives 6 times the subscription on day 2 of the offer. Tomorrow is the last meeting.

11) Friday is also the last date to subscribe for Series II Gold Sovereign Bonds (SGB).

Black August became Alternative Black History Month


WASHINGTON — For Jonathan Peter Jackson, a direct relative of two prominent members of the Black Panther Party, revolutionary thought and family history have always been intertwined, especially in August.

It was the month in 1971 when his uncle, the famous Panther George Jackson, was killed in an uprising at San Quentin State Prison in California. A revolutionary whose words resonated inside and outside the prison walls, he was a published author, activist and radical opinion leader.

For many, February is the month dedicated to celebrating the contributions of black Americans to a country where they were once enslaved. But Black History Month has an alternative: it’s called Black August.

First celebrated in 1979, Black August was created to commemorate Jackson’s fight for black liberation. Fifty-one years after his death, Black August is now a month-long awareness campaign and celebration dedicated to black freedom fighters, revolutionaries, radicals and political prisoners, living and deceased.

The annual commemorations have been embraced by activists of the global Black Lives Matter movement, many of whom draw inspiration from freedom fighters like Jackson and his contemporaries.

“It’s important to do this now because a lot of people who were on the radical scene at that time, parents and non-parents, who are like blood relatives, are entering their golden years,” Jonathan said. Jackson, 51, of Fair Hill, Maryland.

George Jackson was 18 when he was arrested for robbing a gas station in Los Angeles in 1960. He was convicted and sentenced to an indeterminate sentence of one year to life and spent the next decade in prison Californians of Soledad and San Quentin, largely in solitary confinement. confinement.

While incarcerated, Jackson began to study the words of revolutionary theorists such as Karl Marx and Vladimir Lenin, who advocated class consciousness, challenged institutions, and overthrew capitalism through revolution. The founding leaders of the Panthers, including Huey P. Newton and Bobby Seale, were also inspired by Marx, Lenin and Chinese Communist leader Mao Tse-tung.

Jackson became a leader of the prisoners’ rights movement. His prison letters to loved ones and supporters were compiled into the bestselling books “Soledad Brother” and “Blood in My Eye.”

Inspired by his words and frustrated by his situation, George’s younger brother, Jonathan, initiated a takeover in Marin County Superior Court in California in 1970. He freed three inmates and held several staff members hostage. from the courthouse, in an effort to demand the release of his brother and two other inmates, known as the Soledad Brothers, who were charged with killing a corrections officer. Jonathan was killed trying to escape, although it is disputed whether he was killed in a courtroom shootout or shot as he walked away with hostages.

George was killed on August 21, 1971 during a prison uprising. Inmates at San Quentin Prison began to officially commemorate his death in 1979, and from there, Black August was born.

“I certainly wish more people knew of George’s writings (and) knew of my father’s sacrifice on that fateful day in August,” said Jonathan Jackson, who wrote the foreword to “Soledad Brother” at the early 90s shortly after graduating from college.

Monifa Bandele, leader of the Movement for Black Lives, a national coalition of BLM groups, says Black August is about learning the vast history of black revolutionary leaders. This includes figures such as Nat Turner, who is famous for leading a slave rebellion on a southern Virginia plantation in August 1831, and Marcus Garvey, the leader of the Pan-Africanist movement and born in August 1887. It includes events such as the Haitian Revolution in 1791 and March on Washington in 1963, both taking place in August.

“This idea that there was this one narrow path by which black people resisted oppression is really a myth that is dispelled by Black August,” said Bandele, who is also a member of the Malcolm X Grassroots Movement, a group which raises awareness about political prisoners. .

“And what we saw happening after the 1970s was that it developed outside the (prison) walls because, as incarcerated people returned home to their families and communities, they have started organizing community Black August celebrations,” she added.

The ways to honor this month also come in various forms and have evolved over the years. Some participate in fasting, while others use this time to study the ways of their predecessors. Weekly series of events are also common during Black August, from book groups to open mic nights.

Sankofa, a black-owned cultural center and cafe in Washington that has served the DC community for nearly 25 years, wraps up a weekly open-mic night Friday in honor of Black August. The event drew local residents of all ages, many of whom shared stories, read poetry and performed rebellion-themed songs.

“This month is about resisting and celebrating our political prisoners and using all the faculties at our disposal to free people who are in prison, let me say, unjustly,” he said. emcee Ayinde Sekou to the crowd at a recent event in Sankofa.

Jonathan Jackson, George’s nephew, also believes there are largely systemic reasons why Black August, and his family history in particular, are not widely taught.

“It is sometimes difficult for radicals who have not been assassinated, per se, to enter popular discourse,” he said. “George and Jonathan were never victims. They did it, and they were killed doing it, and sometimes that’s very hard to understand for people who accept political assassination.

Jackson hopes to honor the legacy of his father and uncle by documenting the knowledge of elders from that era, as a way to continue the fight.

“We need to get these testimonies. … We need to understand what happened, so that we can improve what they did. I think now is as good a time as any to do it,” he said.


Associated Press writers Aaron Morrison and Terry Tang contributed to this report.


Almaz Abedje, a DC-area native, is a member of AP’s Video Newsgathering team. Follow her on Twitter at https://www.twitter.com/almazabedje.

Find the best AI-powered app to transcribe your audio


Whenever a popular online app announces a change in its fees or the services it provides for those fees, you will get a reaction from its subscribers, especially the long-term ones. The latest app to cause this kind of consternation is Ottera recording and transcription service that recently announced downgrades of the services it provides on two of its plans and increased the price of a monthly plan.

For free users, this means that they will no longer have access to all of their past transcriptions – only the last 25. For paying customers who are on the Otter’s Pro plan, the change will be almost as (or more) drastic: they will be downgraded. a monthly allowance of 6,000 minutes of transcribed audio at 1,200 minutes and a maximum of four hours of audio per conversation at 90 minutes.

This means that, for example, a journalist who uses Otter to track interviews and was able to do up to 100 one-hour interviews per month is now limited to 20. Or someone who uses Otter to record visits to the doctor or conversations with elderly people. loved ones will need to remember to start a new recording after 90 minutes.

A summary of Otter’s upcoming changes.
Image: Otter.ai

To Otter’s credit, the company is trying to ease the pain of his paying customers – somewhat. While it increases its monthly fee from $12.99 to $16.99, its annual fee of $99.96 does not change. And if you subscribe to the annual Pro plan before September 26 (or if you’re already a subscriber), the next time you upgrade automatically, you’ll keep the old features for one more year.

And after that? Well, if you decide to stick with Otter, you’ll either have to accept the feature downgrade or pay for Otter’s business plan ($30 per month or $240 per year), which will still have the 6,000 minutes. per month / four hours per talk allowance, plus other features. Otherwise, you can find another service to use. But before describing some of the available alternatives, a few notes.

First, there are actually two types of transcription services: one that uses an AI engine and another that uses human transcriptionists. Although the use of AI to interpret and transcribe audio has improved dramatically in recent years, it is still less accurate – but considerably cheaper – than transcription by people. For this article, I’m looking at services that use AI transcription, although some offer both.

The quality of transcription provided by these apps can vary greatly, not only depending on the AI ​​engine used by the app, but also your audio file. If there are a lot of voices speaking at the same time, if there’s a lot of background noise, if your speakers have accents unfamiliar to the AI, these factors can all contribute to degrading the accuracy of the transcription. A good idea is therefore to try a transcription service with a sample file to see how it performs.

And consider carefully which application could be the most profitable for you. If you only need to download an occasional file, it might be better to opt for a free version or one of the paid services. If you do regular downloads, a monthly or yearly subscription may work better for you.

Finally, if you’re an Otter subscriber and transcriptions are an important part of your personal, creative, or professional life, it’s worth considering if one of them works better for you or if you should just get away with it. hold on to Otter, at least for now. .

Temi edit page

Temi has a simple and easy to understand interface.
Image: Témi

Temi is a basic transcription service that offers features such as the ability to review and edit your transcriptions, slow down proofreading, and export your files to text (Microsoft Word, PDF) or captioned (SRT) files. , MTB). Its mobile apps for Android and iOS let you record audio; you can then choose to transcribe it for 25 cents per audio minute or upload your own recordings for the same price. New users get the first 45 minutes free. (It is also folded in Rounda service that offers manual transcriptions and other services.)

MeetGeek Transcript

Like Otter, MeetGeek offers a free limited version.
Image: MeetGeek

MeetGeek calls itself “an AI meeting assistant”. In other words, it focuses on transcribing meetings (although it can be used for other audio files). It has a free version that lets you create transcriptions from audio and video sources – you can record five hours of audio per month and keep a month’s worth. For $19/month or $180/year, a Pro version gets you 20 hours of audio per month and three months of transcript retention. There are also Business and Enterprise versions. New users get a 14-day trial of the Business plan, which costs $39 per month or $372 per year, and gives you 40 hours of audio per month and six months of recording retention.

Person typing on laptop with Trint on screen

Trint offers both transcription and translation services.
Image: Trint

Trint’s website makes it clear that it’s pushing its AI transcription services toward creative users who will take the transcription material and “effortlessly shape the transcriptions into high-impact content for blogs, social media, podcasts and more.” Again”. According to Trint, it can transcribe in 32 different languages ​​and translate completed transcriptions into 54 languages. The Starter plan ($60/month or $576/year) lets you transcribe up to seven files per month, capture audio from Zoom and its iPhone app (it doesn’t have an app Android), edit and share transcripts and translate text into 54 languages. The Advanced plan ($70/month or $720/year) adds unlimited transcription and allows up to 15 users to edit simultaneously. A seven-day free trial lets you try out the advanced plan.

Sonix page

Sonix uses a pay-as-you-go plan.
Picture: Sonix

Sonix offers machine translations in 35 languages. It includes the usual ability to edit its transcriptions, a word-by-word timestamp, and the ability to download transcriptions from other programs and stitch them together with new ones. You can export your transcripts in DOCX, TXT and PDF formats and export subtitles in SRT and VTT formats. It starts with a standard pay-as-you-go plan that costs $10 per audio hour (prorated to the nearest minute), and you get 10GB of file storage for 90 days. There’s also a Premium subscription plan ($5 per audio hour plus $22/month or $198/year) which adds a number of features and 50GB of storage. New users get 30 minutes of free transcription.

scribe page

Scribie focuses on manual transcriptions, but also offers a simple AI transcription service.
Image: Scribie

Scribie primarily offers manual transcription services, but it also offers simple AI-powered transcription for 10 cents a word with a $1 minimum per file. For this, you have an online editor, a speaker tracker and the option to download it as a Word document or an SRT / VTT subtitle file.

Alice Transcript Notice

Alice sends your recordings and transcripts to your email address.

While MeetGeek focuses on meeting transcripts, Alice markets itself as a transcription service for journalists. The other services store your transcriptions (some with time limits, some without) and allow you to edit them online, but Alice does not; instead, it sends the audio file and transcript to your email address and adds it to your Google Drive. Alice pays: $9.99 for one or two hours of audio, $4.99 per hour for 20 hours, or $2.99 ​​per hour for 100 hours. You get the first 60 minutes free and can use it with an iOS app or the web; there is no Android app.

Correction on August 24, 2022, 1:30 p.m. EET: An earlier version of this story stated that if you subscribe to Otter’s annual Pro plan before September 22, the next time you automatically upgrade, you’ll keep the old features for one more year. The actual date you need to register is September 26. We regret the error.

Updated August 25, 2022, 12:05 p.m. ET: This article was originally published on August 24, 2022 and has been updated to add information about Otter’s business plan and the Alice app.

Developer of ‘pirate’ apps uses DMCA to remove ‘stolen’ copy from GitHub* TorrentFreak


House > Anti-piracy > DMCA >

“Movies and Series Scraper” is a nifty tool that allows people to watch and download movies and TV series without much hassle. The developer shares the code for free, but when he noticed that someone had “stealed” his work, he asked GitHub to remove the infringing copy from the platform.

GitHub is no stranger to copyright complaints. Last year, the developer platform removed nearly 20,000 projects in response to DMCA takedown notices.

These takedowns can target all kinds of content. Big media companies often complain about software that allows people to access pirated content, for example. However, there are also instances where developers see copies of their own content elsewhere on Github, placed there by others without permission.

A DMCA takedown notice sent to Github this week appears to fall into the latter category, but also features an unusual hacking angle.

Film and series scraper

The dispute revolves around “Film and series scraper, a basic application that allows users to stream or download movies and TV shows with minimal effort. According to the project description, it is even possible to download an entire TV series.

“A console app to retrieve valid watch links for any movie or series with exact season and episode number, you can also download an entire season with just one click,” the Egyptian developer wrote.

While many people will appreciate this kind of tool, creators of movies and series are unlikely to be satisfied with it. The GitHub repository shows how content such as “Game of Thrones” can be downloaded from pirated sources, which makes it particularly problematic.

The app in action (picture: via)

I have a watch

The creator of the software may or may not be aware of these sensitivities. What is clear, however, is that it understands the concept of copyright infringement.

Stolen code

In a DMCA takedown notice sent to GitHub this week, the developer of “Movies and Series Scraper” complains that someone “stole” its code and passes it off as its own.

“Someone stole a repo that was [private] and published it with his name as author”, the bed reviewadding that “every line of code is copied” while asking for the removal of the reported content.

The takedown notice also claims that the copied repository circumvents technical protection measures, which would be a further violation of the DMCA.

GitHub is compliant

After reviewing the request, GitHub concluded that the “workaround” claims do not hold. However, the claims of copyright infringement are valid and warrant removal of the copied repository.

“Although GitHub did not find enough information to determine a valid anti-circumvention claim, we have determined that this takedown notice contains another valid copyright claim,” the platform wrote.

Indeed, the “stolen” repository has now been removed from GitHub. This shows that the DMCA takedown process is working as intended, but the same process could also be used against the “Movies and Series Scraper”.

TorrentFreak has contacted the developer who defends the application pointing out that it is simply a matter of harvesting content from third-party sources (piracy). It’s simply a “middleman” that protects users from harmful ads, he says.

Get 79% Off iScanner App: Lifetime Subscription


iScanner app: Lifetime subscription allows you to turn your iPhone or iPad device into a very useful scanning tool. The iScanner app uses advanced artificial intelligence technology to produce high-quality scans of documents, educational materials, and to-do lists. But it’s not just a scanning tool.

A digital tool based in the United States, this application helps solve everyday, professional and educational tasks. The scanner app can also count similar objects and solve math problems and equations. This scanning app is essential for students or anyone involved in a small business: accountants, real estate agents, managers or lawyers.

  • Document scanner: Scan contracts, paper notes, faxes, books and other documents, edit, sign online or add stamps. Store your scans as multi-page PDF or JPEG files and share them anywhere easily.
  • Various scanning modes: Identification mode dDesigned for fast and convenient ID document scanning. QR Code to read any QR code with your device’s camera. Count similar objects automatically through the camera. Math mode that allows you to simply point your device’s camera at a math expression, whether handwritten or typed, and get a solution instantly. Area to measure the length of an object and calculate the total area of ​​the room.
  • PDF scanner: Scan documents and photos in PDF, JPG or TXT format. Easily scan multiple pages into a single document. Mark major parts of any document or blur sensitive information. Recognize text from any scannable object with OCR. Add your electronic signature or stamps to documents.
  • Handy document editor and file manager: Edit scans with color correction and noise removal features. Use the file manager with folders, drag and drop and document editing functions. Protect your confidential scans by locking folders and files with a PIN code.
  • Easy document sharing: Scan documents and share them in just a few clicks via email or messengers. Print contracts and invoices directly from the scanning app. Share and upload scanned documents to cloud services such as Dropbox, Evernote or Google Drive.

iScanner App Specifications: Lifetime Subscription

  • For Apple iPhone and iPad users only
  • iOS 13.0 or later | iPadOS 13.0 or later
  • Duration of access: lifetime
  • Use-by date: Redeem your code within 30 days of purchase
  • Access options: mobile
  • NOT available in Argentina, Venezuela, Spain, Italy, Mexico, Russia, Chile, Ecuador and Japan

You can now purchase the iScanner App: Lifetime Subscription for only $39.99 (retail value is $199.90). For more details on this product, see this link.

Dollar higher in consolidations, moderate trading ahead of Jackson hole


The Dollar recovers some ground today but remains generally below yesterday’s high, consolidations continue. Overall trading is subdued with major pairs and crossovers inside yesterday’s range. The kiwi and the aussie are softer while the greenback and the yen are firmer. The European majors are also weak, but there is no sales follow-up. Traders apparently hold their bets ahead of Jackson Hole.

Technically, while the DOW’s pullback this week is steep and deep, it is holding above the 55-day EMA as well as support at 32387.12 so far. There is no serious threat to the rally yet from 29653.29. A rebound from the current level could lay the groundwork for another rise, likely after comments from Fed Chairman Jerome Powell in Jackson Hole. However, a firm break of 32387.12 will indicate that the short-term move has reversed for another hold on the 30k handle.

In Europe, at the time of writing, the FTSE is down -0.41%. The DAX is up 0.01%. The CAC is up 0.12%. Germany’s 10-year yield is up 0.0585 at 1.378. Earlier in Asia, the Nikkei fell -0.49%. Hong Kong’s HSI index fell -1.20%. China Shanghai SSE lost -1.86%. Singapore Strait Times fell -0.39%. Japan’s 10-year JGB yield rose from 0.0022 to 0.224.

US durable goods orders flat in July, non-transportation orders up 0.3% m/m

U.S. durable goods orders fell -0.0% m/m to $273.5 billion in July, well below expectations of a 0.6% m/m rise. Non-transportation orders rose 0.3% mom, above expectations of 0.2% mom. Ex-defense orders rose 1.2% month-on-month. Transportation equipment led the decline and fell -0.7% mom to $93.0 billion.

Shipments of durable manufactured goods rose 0.4% month-on-month to $270 billion. Shipments of transportation equipment rose 1.1% month-on-month to $86.3 billion.

ECB Rehn: Digital native form of secure central bank money could improve stability

ECB Governing Council member Olli Rehn said “a digital euro would give people more choice about how to pay and make it easier to pay in an increasingly digital economy.”

“A native digital form of safe central bank money could improve stability by providing the neutral and trusted settlement layer in the future financial system,” he added.

Rehn expected the investigation phase of the digital euro to end in October 2023.

USD/CHF mid-day outlook

Daily Pivots: (S1) 0.9600; (P) 0.9646; (R1) 0.9689; After…

The intraday bias on USD/CHF remains neutral at this point. The triangle correction from 1.0063 could have already ended at 0.9369. Above 0.9691, resistance at 0.9884 will not be targeted next. A break there will indicate that the larger uptrend is ready to resume to 1.0063. On the downside, minor support below 0.9500 will dampen this view and return the bias to the downside for support at 0.9369 instead.

Overall, the current pattern suggests that the uptrend from 0.8756 (2021 low) is still ongoing. Sustained break of 1.0063 will target 100% projection 0.9149 to 1.0063 0.9369 to 1.0283 then 1.0342 (2016 high). For now, this will remain the preferred case as long as the support at 0.9369 holds, even if there is a deep pullback.

Economic Indicators Update

GMT Ccy Events Real Provide Previous amended
12:30 USD Durable Goods Orders Jul. 0.00% 0.60% 2.00%
12:30 USD Durable goods orders excluding transportation Jul. 0.30% 0.20% 0.40%
14:00 USD Door-to-door sales pending M/M Jul -2.50% -8.60%
2:30 p.m. USD crude oil inventories -2.4M -7.1M

5 things to know for August 24: Primary, Student loans, Ukraine, Teachers, Twitter


Here’s what you need to know to Level up and get on with your day.

(You can receive “5 Things You Need to Know Today” daily in your inbox. Sign up here.)

1. Primaries

Results from Tuesday’s primaries in New York, Florida and Oklahoma are in, and key parts of November’s voter roll are now locked. Florida Democrats have chosen Rep. Charlie Crist to challenge Republican Gov. Ron DeSantis in the fall — and it’s going to be no easy task. DeSantis has raised $132 million for the general election, a record sum for a gubernatorial candidate who is not self-funding, and he has animated the Republican base more than any other GOP politician except the former President Donald Trump. Meanwhile, in New York, the race for one of the longest serving Democrats has come to an end. And in Oklahoma, Republicans have chosen a candidate to fill the remainder of incumbent Sen. Jim Inhofe’s term ahead of a special general election.

2. Student loans

President Joe Biden is expected to announce his decision today to potentially forgive up to $10,000 in federal student loan debt per borrower for people earning less than $125,000 a year, CNN has learned. The Biden administration has already canceled nearly $32 billion of the $1.6 trillion in unpaid federal student debt by expanding existing forgiveness programs for public sector workers, borrowers with disabilities and students who have been defrauded. by for-profit colleges. Still, Biden faces pressure to do more from Democrats urging him to write off $50,000 per borrower. The White House could also announce today whether to further extend the current pause on federal student loan repayments, which is set to expire Aug. 31.


Ukraine celebrates its Independence Day today, with the holiday falling six months after the Russian invasion began on February 24. While previous years have been marked by celebrations, today is shaping up to be bleak as officials warn that Russia could carry out missile attacks on Ukraine. cities. Instead of a parade, destroyed and captured Russian military vehicles were displayed on Kyiv’s main street in testimony to Moscow’s failed attempt to seize the capital in the first weeks of the war. President Volodymyr Zelensky marked the day with a moving address, saying, “Every new day is a new reason not to give up. Because having been through so much, we have no right not to reach the end.

4. Teachers’ strike

Thousands of students in Ohio’s largest school district will begin their new school year remotely today as educators remain on strike for better learning and teaching conditions. The Columbus Education Association — which represents more than 4,000 teachers, nurses and other education professionals in the Columbus City Schools District — is striking for the first time since 1975, the union said. Columbus City schools serve 47,000 students, according to the district. The strike comes as schools across the country face critical teacher shortages and low educator morale, exacerbated by the pandemic, low salaries and increasingly overcrowded classrooms. The growing number of school shootings and changing guidelines on what educators are allowed to teach are also straining teachers.

5. Twitter

The former Twitter security chief accuses the company of “glaring flaws” in security protocols and claims the company misled its own board and federal regulators about its vulnerabilities. In an explosive whistleblower report, Peiter “Mudge” Zatko, a respected cybersecurity expert, claims that Twitter has major security issues that pose a threat to the personal information of its users, the company’s shareholders, national security and democracy. He and his team are to brief House and Senate staff this week. According to Zatko, his charges come after he tried to report the security flaws to Twitter’s board of directors and tried to help the company fix years of technical shortcomings and alleged non-compliance with the Federal Trade Commission.


Fate of Uvalde school police chief could be decided at board meeting

The Uvalde, Texas school board is expected to discuss whether to fire school police chief Pete Arredondo at a meeting later today, three months after a shooter at Robb Elementary killed 19 children and two teachers. Arredondo has come under intense public scrutiny for the police response to the May 24 massacre, America’s deadliest shooting since 2012.


Tesla owner has his car key implanted in his hand

This man was sick of losing his keys… so he turned into a key. What do you think – smart or crazy? Watch the video here.

9 Habits Linked to a Longer, Happier Lifee

Living life to the fullest starts with paying attention to your body and mind. Here are some helpful habits you might want to include in your daily routine.

City makes changes to giant slide after it goes viral for the wrong reason

A giant slide in a Detroit park is going viral after launching children into the air. Take a look at the extreme slide here.

Inflation is crushing wedding budgets and guests are being cut

Unfortunately, the cake might not be the only thing in levels. Due to rising costs, more and more couples are turning away their guests to reduce their wedding budget.

‘Knives Out’ sequel gets a release datee

The sequel to the 2019 hit movie will once again star Daniel Craig as private detective Benoit Blanc.



That’s the number of consecutive days gasoline prices have fallen in the United States, making it the second-longest streak since 2005. The national average for regular gasoline fell to $3.89 on Tuesday. the gallon, according to AAA. Although prices are 73 cents higher than a year ago, the recent drop is significant, especially since the average price of a gallon jumped above $5 just a short time ago. two months.


“Happy birthday, baby! I love you and miss you so much.

–Vanessa Bryantsharing a post on instagram Tuesday on what would have been Kobe Bryant’s 44th birthday. The NBA legend and his 13-year-old daughter, Gianna, were killed in a helicopter crash along with seven others in January 2020. On Tuesday, attorneys for Vanessa Bryant and another plaintiff urged a jury to consider to award millions of dollars for emotional distress and violation of constitutional rights caused by Los Angeles County deputies and firefighters for taking and sharing close-up photos of their loved ones’ remains after the accident.


Check your local forecast here>>>


Really real fake food

These food displays look so appetizing that you’ll want to take a bite out of them, but don’t. They are plastic. (Click here to see)

CORRECTION: Stadion appoints two new retirement advisors


Includes compliance code missing from previous version

Stadion welcomes Jackson Reese and Tom Stephenitch to capitalize on growing interest in managed accounts

WATKINSVILLE, Georgia /ACCESSWIRE/August 23, 2022/ Stadium money management, a managed account provider that offers personalized retirement services to plan sponsors and their members, today announced two additions to its team: Jackson Reese and Tom Stephenitch have joined as Vice Presidents and Pension Consultants . They report to Dan Fay, Senior Vice President of Sales and Business Development.

In their roles, Reese and Stephenitch work with archivists, financial advisors and plan sponsors as they add Stadion’s managed account service to their retirement plans.

Stadion Money Management, Tuesday August 23, 2022, Image from press release

“We are thrilled to welcome Jackson and Tom to our team as we continue to evolve and innovate,” said Todd Lacey, Chief Revenue Officer of Stadion Money Management. “Our team is focused on supporting the needs of financial advisors and plan advisors, while helping more plan members better prepare and spend with confidence in retirement. »

Reese brings a dynamic background to Stadion as a TPA pension sales consultant and retired Marine Corps officer. With over 26 years of leadership and sales experience, he has a natural ability to maximize client relationships. Most recently, he was a retirement planning consultant for Nova 401(k) Associates, and previously served as a battalion commander and deputy director of intelligence for the United States Marine Corps.

As an accomplished sales leader, Stephenitch brings his extensive experience in the distribution of retirement products to the Stadion team. With more than 30 years of expertise in the retirement industry, Stephenitch previously served as regional vice president of major market sales in the Midwest for Transamerica, and previously as vice president of business development for AIG. Retirement Services.

# # #

About Stadion Money Management

Founded in 1993, Stadion is headquartered near Athens, Georgia. Stadion, a wholly owned subsidiary of Smart, works with financial professionals, asset managers and archivists to create personalized retirement plans and participant-level investment solutions. Stadion Money Management, LLC (“Stadion”) is a registered investment adviser with the United States Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Stadion, including fees, can be found in Stadion’s ADV Part 2, which is available upon request.


Visit Stadion Money Management on www.stadionmoney.com.

About Smart

Smart is a global savings and investment technology provider. Its mission is to transform retirement, savings and financial well-being, for all generations, everywhere.

Legal & General, JP Morgan, Fidelity International Strategic Ventures, Link Group, Barclays, Natixis Investment Managers, Chrysalis Investments and DWS Group and are all investors to date in Smart. Visit Smart on www.smartretire.com.

Media contact for Stadion:

Gordon Lamb
[email protected]

Media contact for Smart:

Jacqueline Silva
Corporate Advisers for Smart caliber
[email protected]

THE SOURCE: Stadium money management

See the source version on accesswire.com:

9count, creator of Wink and new dating app Summer, secures additional funding


Alex Hofmann once served as president of Musical.ly, overseeing the North and South American markets of the precursor TikTok, then leaving shortly after the app was released to Chinese tech giant ByteDance in 2017. For his next act, the startup director returned to the consumer social space with the launch of 9 accounts – the manufacturer of the Wink Popular Friend Finderthe mobile dating app Summer (formerly Spark) and many more.

While it’s usually difficult for new mainstream social apps to gain widespread adoption, 9count’s apps have already seen some success – and investors have taken notice.

As a result, the company is today announcing additional funding from GGV Capital Redpoint, Signia, Greycroft, Progression, Crosscut Grishin Robotics, I2BF and Waverley Capital, among others. The $6 million round is an expansion of 9count’s previous $21.5 million Series A round and includes only its existing investors. To date, the company has raised $27.5 million.

In particular, 9count backers were impressed with Summer’s metrics, which launched as Spark in May but later rebranded. The dating app targets a younger audience, ages 18+. But unlike traditional swipe-based dating apps, Summer’s differentiator is her grid, which displays many users at once — an experience meant to more closely mimic the feeling of walking through a crowded space in real life, like a bar or party, for example.

“[Summer is retaining users] better than the best apps, especially in our strongest markets,” Hofmann told TechCrunch. “It just tells us that we are on the right track with this product.

The 9count co-founder said Summer shot to No. 1 on the App Store in two markets immediately after launch and now had over 300,000 monthly active users just a few months later. Looking at growth metrics alone, Hofmann says it’s the fastest-growing dating app on the market since Bumble arrived in 2014. When he showed those numbers to current investors, they wanted to double the app’s growth.

The company plans to use much of the new investment to fuel marketing efforts for the summer after it launches on Android next month. This will include in-person events in the LA startup’s hometown, LA 9count will also use the funds to expand its team of 35 people, although Hofmann says they have yet to determine the exact headcount they plan to bring. ‘to add.

Picture credits: 9count, Alex Hofmann and Joe Viola

But more than betting on Summer’s success alone, investors seem interested in the model that 9count is espousing.

Founded in January 2019 by Hofmann and an experienced product manager, Joe Viola, 9count is not just focused on developing a single app and perfecting it. Instead, it co-develops multiple consumer products at once, iterates using customer data and feedback, and then cross-promotes apps within its portfolio. In addition to Wink and Summer, the startup has also developed a social arcade app Jujumotivational app Everlandcreator-fan connection app Popstreamand more.

This multi-product approach is familiar to Hofmann, thanks to his time at Musical.ly.

There, the team ran four different products: Musical.ly, its live-streaming counterpart known as Live.ly, and two others that weren’t as well-known to the public. This model, Hofmann notes, is popular in Asia, where tech companies often leverage multiple products, including TikTok’s parent ByteDance, as well as Tencent, Alibaba and others.

To benefit from this method, 9count tests and iterates its products using a combination of A/B testing, data analysis and user feedback. He also organizes hackathons for employees and runs a “labs” division where he can try out new ideas to see if anything sticks.

“The learnings we have from rolling out new products are just great,” notes Hofmann. “We can either make them a standalone product or integrate them into existing products.”

Picture credits: 9 accounts

In fact, it was this model that led the company to develop Summer in the first place, explains the co-founder.

He says some Wink users were asking for a way to use the social app for dating purposes. But Wink is also aimed at minors between the ages of 13 and 17 (who are not allowed to interact with adult users, it should be noted). This focus skews the app towards a younger audience, which wouldn’t be appropriate for online dating, although that’s what some older users wanted. This prompted the team to split the feature request into its own new product – the app that has since become Summer.

Today, 9count claims its new dating app has already attracted over 500,000 downloads, over 1 million registered users and over 300,000 monthly actives. That makes it the sixth most popular dating app in the United States and fourth in Canada, Hofmann said. (Application Intelligence Company sensor tower confirmed this with TechCrunch, saying Hofmann’s statement is correct based on App Store and Google Play downloads for July 2022.)

Additionally, video chat app Wink is said to have over 2 million monthly active users, remaining 9count’s largest app to date.

In total, 9count’s app portfolio now reaches more than 10 million users, according to the company. Data from Sensor Tower pointed to an even higher figure of over 16 million downloads for all of their products launched to date. Wink was the biggest chunk of it with over 15 million lifetime downloads.

Picture credits: 9count team photo

“Alex and Joe are building a next-gen social apps company at 9count, bringing together disparate products under one banner, with a team to find what works for the next generation,” said Hans Tung, Managing Partner of GGV Capital. , member of the board of directors of 9count. and first investor in Musical.ly. “The 9count team is poised for rapid growth among their user base and we are thrilled to partner with them to realize their vision,” he added.

The new investment is also another signal of the increased willingness of VCs to once again support the often difficult consumer social app market.

Historically, it’s been nearly impossible to knock Facebook and Meta’s other products off the top of the App Store. But TikTok has proven that Facebook’s grip on the market could run out of steam. The Meta-owned social network is no longer popular with Gen Z users, who are also increasingly frustrated with Instagram’s clutter and its continued attempt to force video on them through Reels.

Hungry for new experiences, today’s young users are testing out a range of social apps, like BeReal, home screen widget provider Locket, and video chat app Yubo, a Wink rival. Unsurprisingly, these apps have also integrated VC support. BeReal was valued at $600 million Next his series B last spring, for example. Locket announced this month that it closed on $12.5 million over two seed stage rounds. And Yubo took in $47.5 million in its 2020 Series C. Even Pinterest’s newest experimental app, Shuffles, rose to the top of the App Store’s “Lifestyle” charts, though it or by invitation only.

According to Hofmann, this trend is fueled by demand from young users for apps that offer them “niche” experiences.

“[9count’s team] looked at the market and realized that over the last ten years there were really – in our view – only two great consumer social products. One is Musical.ly/TikTok, the other is Discord. We realized that to create products that connect people, it might not be a single-product approach, but a multi-product approach,” explains the co-founder. “We see this trend towards…niche desires and niche preferences. We realized that very few products can serve a larger audience and bring them joy and happiness,” says Hofmann.

Correction, 8/23/22, 12:503 PM ET: Total raise to date was $27.5 million and Series A was $21.5 million with an additional $6 million increase. We have corrected the story with this information.

Today’s Trading Guide for Tuesday: 6 Stocks to Buy Today – August 23


The Sensex plunged 872 points while the Nifty ended below 17,500 on Monday, alongside a selloff in global equities on renewed concerns over global growth and the hawkish stance of central banks. The BSE Sensex fell 872 points to close at 58,773.8. Similarly, the Nifty fell 1.5% to 17,490.7.

In the broader market, the BSE mid-cap index fell 1.8% and the small-cap index fell 1.2%. The Nifty Bank index fell nearly 2%, led by falling shares of Punjab National Bank (PNB) and Kotak Mahindra Bank.

Day trading guide for stock market today

Nifty’s short-term trend continues to be down and the overall bearish chart pattern signals greater weakness ahead. Next supports to watch around 17330 (23.6% Fibonacci retracement of the rising leg from June to August) over the next few sessions. On the move below, the next 38.2% retracement support is placed at the 16900 levels. Immediate resistance is at 17600 levels,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

“Nifty has fallen back below the downtrend line indicating a failed breakout. On the lower end, price has corrected towards the 17500-17400 support zone. further correction in the market. On the lower end, support is visible at 17200/17000. On the other hand, the Nifty may rally towards 17700 if it does not fall below 17400,” Rupak said De, Principal Technical Analyst at LKP Securities.

Stocks to buy today according to analysts’ recommendations –

Rajesh Bhosale, Technical Analyst, Angel One Ltd

Siemens: Buy SIEMENS, stop loss 2,820, target 2,950

Zee Ent: Buy ZEEL, stop loss 251 target 273

Mehul Kothari, AVP – Technical Research at Anand Rathi

Kotak Mahindra Bank: Buy Kotakbank, stop loss 1,800 target 1,875

Rain Industries: Buy Rain, Avoid Losses 188 target 198

Anuj Gupta, Vice President – Research at IIFL Securities

ICICI Bank: Buy ICICIBANK, stop loss 828 target 890

Coal India: Buy CoalIndia, stop loss 207 target 230

The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

Catch all the trade news, market news, breaking news and latest updates on Live Mint. Download the Mint News app to get daily market updates.

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Rich and famous people who got forgiven for PPP loans

Debby Wong / Shutterstock.com

If you’re not running a small business, you may have already forgotten about the Paycheck Protection Program (PPP).

At the start of the COVID-19 pandemic, when many businesses struggled to stay afloat during the lockdown, the federal government introduced a relief program for businesses with up to 500 employees.

The program offered loans whose full amount could be canceled under certain circumstances, which amounted to acting in good faith: using the money to maintain employee payrolls and pay other necessary expenses such as company rent. and public services.

But as we detailed in “11 restaurants that filed for bankruptcy amid COVID-19,” even millions in PPP loans couldn’t keep some businesses afloat.

The program was also an attractive target for fraud, with as much as $80 billion stolen, according to some estimates.

Then there are the celebrity PPP loans that most people probably wouldn’t consider cash strapped.

A database of US Small Business Administration loan information, created by a nonprofit publication ProPublicashows that surnames have borrowed millions of dollars – and many of them have had their loans partially, if not completely, forgiven.

Here’s a look at some celebrities who got free money through the Paycheck Protection Program, with some receiving multiple loans.

Tom Brady

Tom Brady
Steve Jacobson / Shutterstock.com

loan applicant: TB12 Inc., a fitness and nutritional supplement company co-founded by Tom Brady. The champion quarterback of the Tampa Bay Buccaneers and New England Patriots recently agreed to a 10-year sportscasting contract worth $375 million, more than the $333 million earned during his career in the NFL, according to The laundry report.

Amount of the loan: $960,855

Amount remitted: $972,280 (interest included)

What the applicant said he would spend the funds on: Payroll

Reese Witherspoon

Actress Reese Witherspoon
Tinseltown / Shutterstock.com

loan applicant: Draper James LLC, a women’s clothing company based by Reese Witherspoon. The actress and producer was worth $400 million in 2021, according to Forbes.

Loan amounts: $975,472 and $719,222

Amounts remitted: $987,793 and $726,310 (figures include interest)

What the applicant said he would spend the funds on: Payroll and rent

Jared Kushner

Jared Kushner
noamgalai / Shutterstock.com

Loan applicants: One company in the publishing sector (Observer Holdings LLC) and two in the hospitality sector (Princeton Forrestal LLC and Esplanade Livingston LLC) which are related to Jared Kushner. Former President Donald Trump’s son-in-law and senior adviser during his tenure is a businessman worth around $800 million in 2019, according to Business Intern.

Loan amounts:

  • Observer Holdings LLC: $800,407
  • Princeton Forrestal LLC: $1,569,977 and $2 million
  • Esplanade Livingston LLC: $630,735 and $883,029

Amounts remitted:

  • Observer Holdings LLC: $805,676 (interest included)
  • Princeton Forrestal LLC: $1,588,337 and $2,023,000 (figures include interest)
  • Esplanade Livingston LLC: $636,219 and $890,674 (figures include interest)

What the candidates said they would spend the funds on: Payroll and rent

Paul Pelosi

Paul and Nancy Pelosi
Kathy Hutchins / Shutterstock.com

loan applicant: EDI Associates, a catering company partly owned by Paul Pelosi. The husband of US House Speaker Nancy Pelosi and a venture capitalist is worth around $120 million, according to Celebrity Net Worth.

Loan amounts: $711,708 and $996,392

Amounts remitted: $720,658 and $1,002,343 (figures include interest)

What the applicant said he would spend the funds on: Payroll

Khloe Kardashian

Khloe Kardashian
Kathy Hutchins / Shutterstock.com

loan applicant: Good American LLC, a women’s clothing company co-founded by Khloe Kardashian. The reality star and business owner had an estimated net worth of around $40 million in 2018, according to Silver.

Amount of the loan: $1,245,405

Amount remitted: $1,257,306 (interest included)

What the applicant said he would spend the funds on: Payroll, rent and health care

green day

green day
Andrea Raffin / Shutterstock.com

Loan applicants: Green Day Inc. and Green Day Touring Inc., companies of Green Day. The rock band got two of its loans fully forgiven and the other two partially forgiven. Each of the group’s current members – Billie Joe Armstrong, Mike Dirnt and Tre Cool – is worth between $55 million and $75 million, according to Celebrity Net Worth.

Loan amounts:

  • Green Day Inc.: $97,285 and $135,805
  • Green Day Touring Inc.: $219,212 and $183,965

Amounts remitted:

  • Green Day Inc.: $98,213 (interest included) and $68,992
  • Green Day Touring Inc.: $218,795 and $185,986 (interest included)

What the candidates said they would spend the funds on: Payroll, rent, health care and utilities

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click on links in our stories.

Check the status of your appeal letter here


FCI Punjab Watchman Admission Card 2022 was uploaded by Food Corporation of Indian (FCI), Punjab at fci-punjab-watch-ward.in. Candidates can consult the direct link below:

FCI Punjab Watchman Admission Card 2022

FCI Punjab Watchman Admission Card 2022

FCI Punjab Watchman 2022 Admission Card: Food Corporation of Indian (FCI), Punjab has uploaded the Status of Admission Card for Written Examination for Watchman position at fci-punjab-watch-ward.in. Those who have applied for the FCI Punjab Watchman recruitment can check the status of the FCI Punjab Watchman admission card by logging into the official website. The login link is also available below to make it easier for applicants.

The written exam will consist of 120 multiple-choice questions. Questions will cover General Knowledge (GK), Current Affairs, Reasoning, English Language and Numerical Ability. Each question will be worth 1 point. There will be no negative marking. Candidates will have 90 minutes to take the exam.

Ex-contract security guards will be given the exam which tests candidates ability in basic arithmetic and general knowledge relating to basic numeracy skills i.e. addition, subtraction, multiplication, division, etc., basic general knowledge limited to our country only and basic English knowledge, i.e. spell checking, parts of speech, etc.

A combined merit list will be established based on the marks obtained by the candidate. Shortlisted candidates will be required to take the Physical Endurance Test (PET) which is qualifying in nature

The App Store’s #1 scanning app is $40 and a portion supports a good cause


Which mobile video editing app is the best?


Even if you’re not a professional filmmaker, you might want to get into video content at some point. Many social media platforms, including Instagram, are moving in this direction.

Editing videos can help you build a following on social media. But even if you’re not particularly active on these platforms, creating content like this is a fun side project. Once you’re ready to dive in, you’ll probably want to pick up a more advanced video editor.

When editing content on the go, iMovie and Adobe Premiere Rush are two of the most popular mobile apps. This article will compare them.

What is Adobe Premiere Rush?

Premiere Rush is a streamlined video editing app available on multiple devices. You can use many similar basic features that you will find in Premiere Pro, which is Adobe’s flagship video editing software. Examples include adding presets to your footage and capturing shots.

Unlike Premiere Pro, you don’t need to purchase an Adobe Creative Cloud subscription. You’ll need to create an account, but both that and the app download are free. You can pay for an Adobe Express plan if you want more advanced features.

To download: Adobe Premiere Rush for iOS | android (Free in-app purchases available)

What is iMovie?

Let’s say you’re new to video editing but aren’t ready to buy more advanced software. In most cases, you’ll probably choose DaVinci Resolve or iMovie. If we were to call Premiere Rush a simplified version of Premiere Pro, iMovie is the same equivalent for Final Cut Pro.

When iMovie was first launched in 1999, the iPhone was not yet on the market. As such, you can only use the tool on Mac computers. Now, however, Apple has optimized the software for its suite of mobile devices.

To download: iMovie for iOS (Free)

Now that you know more about Premiere Rush and iMovie, let’s compare the two in the sections below.


If you want to download Premiere Rush for mobile editing, you don’t need an Apple smartphone or tablet. In addition to working on iOS and iPadOS devices, you can use Premiere Rush on Android. You can also download Premiere Rush for your desktop device.

If you want to use iMovie on an Android device, you’re out of luck; the app is only available for Apple users. Besides your iPhone and iPad, you can use the app on Mac and MacBook.

Although iMovie is available in the App Store, you will usually find the app already downloaded on your device by default.

Creation of projects

Premiere Rush and iMovie differ significantly in the project templates you can choose from. If you are using Premiere Rush and press the + button, you will see the Create a new project the window. Here you can choose whether you want to import the content you have already captured or take a new photo or video. For the rest, however, you’ll have to customize things on your own.

iMovie, on the other hand, gives you a bit more flexibility. You can create your own movie from scratch by clicking on the Film tab, while Scenario-board lets you create a trailer-style video. And if you knock magic movieiMovie will automatically create a movie from the videos and photos you choose.

Here’s how to create a slideshow presentation with iMovie.


User-friendliness is an essential part of choosing any video editing software. Whether you choose Premiere Rush or iMovie, you’ll have little trouble navigating the app. Both interfaces are clean and clearly explain where everything is.

You can access all the tools needed to edit your videos on iMovie by selecting the + button. Here you will find tools to edit audio, import more videos and add backgrounds, and much more.

When you use Premiere Rush, the tools you need are at the bottom of your screen. If you expand each icon, you will find all offers in that specific area. And to find the perfect category, you can scroll through the menu.

Changing colors

Color correction and color grading are two crucial techniques for enhancing your video projects. Neither Premiere Rush nor iMovie are as advanced as Premiere Pro or Final Cut Pro in this respect, but you’ll still find enough for basic tasks.

Premiere Rush has, by far, the largest suite of color editing tools. You can add presets and you will also find split tone capabilities. Besides that, you can change exposure, contrast, highlights and shadows.

Other color editing tools offered by Premiere Rush include:

  • Temperature
  • Vibrator
  • Saturation
  • Tint

iMovie, on the other hand, lets you add filters to your work. You can find a mix of color and monochrome presets, but that’s about as far as the mobile version will take you.

Audio Capabilities

Audio is another important thing to consider when choosing video editing software. In this regard, Premiere Rush and iMovie have a decent selection of offerings.

Perhaps the coolest audio feature in iMovie is that you can record voiceovers. If you’re trying to explain something to your audience or want to join a trend, you’ll find this feature useful. You will also find various sound effects that you can add to your videos, in addition to importing music.

If you don’t have music on your device, you can use some songs from the Soundtracks catalog.

Premiere Rush lets you choose whether the sound for a particular clip is voice or music, and you can adjust the volume. You can also use the Auto volume option that edits the sound levels for you, while you will also find plenty of sound effects that you can add to your projects.

Which mobile video editing app should you use?

iMovie and Premiere Rush can help you create compelling projects. Premiere Rush has a much larger feature suite than iMovie; if you’re looking for something more advanced, you should probably go there.

Premiere Rush also has the advantage of being available on Apple and Android smartphones and tablets. If you don’t have an Apple device, your best bet is Premiere Rush.

If you have an Apple device and just need something simple, you might find iMovie useful. Since both apps are free, you have nothing to lose by trying both if your devices allow it.

Letter to the Editor: Let’s Label Them All ‘Criminal Inmates’ | Letters


Words matter and woke Democrats do it again.

Governor Hochul signed into law a bill passed by the Democrats replacing the word “detainee” with “incarcerated person”. We suggest using “criminal inmate”.

Is this how you deal with increasing crime? Bail reform continues to fuel crime, and Governor Kathy Hochul is working to help criminal inmates feel better about themselves.

This is what the Democrats think: the criminals are more taken into consideration than the victims! “For too long, as a society, we have thought of incarcerated people as less than people. Using the word ‘inmate’ further dehumanizes and demoralizes them,” Sen. Gustavo Rivera (D-Bronx) said of the bill he sponsored with Jeffrion Aubry (D-Queens).

Again, Governor Hochul is working with New York Democrats to get soft on “criminal inmates.” They care more about the criminals than the victims.

People also read…

Crime runs rampant in our communities and lenient Democrats want criminal inmates to feel better!

Another example of ‘out of touch’ Democrats revealing seriously misplaced priorities, considering shootings climbed 13.4% last month (in New York) alongside a 34.3% increase in murders from July 2021 .

Correctional officers are attacked daily by criminal inmates, and bail reform has yet to be repealed.

Don’t be fooled by the woke Democrats. They don’t care about your safety. Their real concern is the self-esteem of criminals who fail to protect law-abiding citizens.

Student loans are on hold – should you still pay?


(NerdWallet) – Payments are currently suspended, without interest, for most federal borrowers until August 31, 2022. This policy does not apply to privatee student loans.

Borrowers can still make payments to reduce their debt during this period of suspension of payments, called forbearance. According to the latest federal data, a total of 500,000 borrowers (about 1.16% of all 42.9 million federal borrowers) continued to make payments during the pause. Contact your repairer if you have any further questions.

” MORE: Can student borrowers also manage payments and inflation?

Don’t get me wrong: this is a pause in payments, not a pardon. Your debt will be waiting for you at the start of the repayment at the end of the forbearance, unless the politics change again. While the Biden administration has said it plans to push for an accelerated $10,000 forgiveness for all federal borrowers, few observers think such a bill could pass Congress quickly.

In the meantime, here’s how to decide what to do next.

If you want to suspend payments

You don’t have to do anything to get a forbearance to stop student loan repayments. Interest will not continue to accrue as it normally would.

A abstention could give you leeway to deal with other financial problems.

If you’re unemployed or working reduced hours, abstaining can free up money to pay rent and utility or grocery bills. Even if your salary isn’t affected, forbearance could help divert money toward building up an emergency fund or help you pay off another, more pressing debt.

Usually, forbearance is granted at the discretion of the administrator and interest will continue to grow. In this case, the Department of Education has instructed all administrators to automatically place all loans in interest-free forbearance.

If you’re behind on your student loan payments (or late)

Federal loans with overdue payments or loans in default will return to “good standing” status when payments resume on September 1, 2022.

Default on federal loans occurs when a payment is 270 days past due, sending your loan into collections and exposing you to damaged credit, garnished wages, and garnished tax refunds.

All collection activities are suspended until August 31, 2022. You can get a refund for any forced student loan payments made since March 13, 2020. If your tax refund was entered before March 13, 2020, it will not will not be returned.

If your loans were already in forfeiture, any interest already accrued will still be added to your loan principal when your repayment begins, but while in the forfeiture in progress, no new interest will be calculated.

If you are applying for a civil service loan forgiveness

Automatic forbearance will not reverse your progress towards Public Service Loan Forgiveness, or PSLF. As long as you are still working with an eligible employer, the months spent in abstention will count towards the PSLF.

Making payments during automatic forbearance will not advance you on payments. You are in the same boat whether you pay or not.

Under normal circumstances, only full payments count. You also won’t lose credit for payments you’ve already made.

If you want to continue making payments

Borrowers might want to keep making payments on federal loans if they want to pay off their debt faster.

If you continue to make payments, you will not pay any new interest on your loans while forbearing. This 0% interest rate will save you money overall, even if your payment won’t be lower.

The full amount of your payment will be applied to the principal balance of your loan once all interest accrued before March 13 has been paid.

Whether or not to make a payment during this time will depend on your initial repayment strategy:

  • Those who stick to a standard repayment term (usually 10 years) might consider making payments. You probably won’t have a lot of unpaid interest, and extra payments can help reduce your principal during the break. To maintain your flexibility, we suggest you open a savings account and collect these monthly payments, then make a lump sum payment on your loan at the highest interest rate when repayment begins.
  • Borrowers enrolled in, or planning to, income-contingent repayment shouldn’t worry about making payments now if the ultimate plan is to pay until the loans are forgiven – typically 20 or 25 years. If you want to pay off your loans sooner, paying now could help reduce the total interest you owe on top of your principal.
  • Borrowers applying for public service loan forgiveness do not need to make any payments until at least September 1, 2022. The months of automatic forbearance will count towards the 120 payments needed for forgiveness.

Contact your loan servicer with any questions about continuing or restarting payments during the forbearance period.

If your income has changed

If you see a change in income and still want to maintain your payments, the best way to reduce your payment to something more affordable is to request an income-contingent refund. You will receive a new payment based on your family size and a percentage of Discretionary Income, and it will be in effect even after the relief expires. You can apply online at studentaid.gov.

If you are already enrolled in an income-based plan, be sure to update your income if it has changed due to the economic downturn.

If you had to recertify your plan before August 31, 2022, you will now have additional time to do so. IDR recertification dates have been extended until at least March 2023. Borrowers will be notified when it is time to recertify. Temporarily, borrowers with direct loans can self-declare their income when applying for or recertifying an IDR plan. This means that you do not have to submit tax documentation, but you will need to select “I will report my own income information” in Step 2 (Income Information) of the IDR application. This option ends on February 28, 2023.

If you have FFEL loans

If you have Federal Family Education Loans (FFEL), you are eligible to receive interest-free forbearance only if the government owns the loans. It won’t be most FFEL borrowers – most of the loans in the now defunct program are held by businesses.

You can find out who your loans belong to by logging into studentaid.gov using your FSA ID.

The only way to gain forbearance for FFEL loans held for business purposes is to consolidate your debt into a new direct loan. But there are downsides to consolidation:

  • Your repayment term will be extended.
  • Your interest rate will increase slightly.
  • Any unpaid interest will be capitalized and added to the total amount you owe.

Interest-free temporary payments may not be worth these extra costs in the long run.

Additionally, if you are already making payments on a income-based repayment plan (IBR), these previous payments will no longer count towards the rebate. You will have to start all over again.

Consolidation may make sense if you have FFEL loans and want to qualify for civil service loan forgiveness. Otherwise, stay with your current loans.

If you have experienced a change in income, you can enroll in the IBR or recertify earlier, if you are already on this plan. The IBR will always take your spouse’s income into account. Your loans are also eligible for report of unemploymentwhich can be useful if you have lost your job but expect to start working again soon.

How to work with your repairer

If you want to restart payments during automatic forbearance, contact your student loan officer – this is the private company that handles your federal loan payments. But you don’t have to do anything to get the forbearance or the 0% interest rate.

To find out which loan officer is yours, log in to studentaid.gov with your FSA ID.

You can get in touch with all loan officer contact centers by calling 1-800-4-FED-AID.

For more information, visit studentaid.gov/coronavirus for details to come.

Raysonya F. Buford Obituary – Poughkeepsie Journal


Raysonya F. Buford, 50, transitioned on Tuesday, August 16, 2022. She was born on September 6, 1971, to Wilbert Williams and Carol Williams-Tomlin. Raysonya has resided her entire life in Poughkeepsie, NY where she attended the Poughkeepsie School District and graduated. She was employed at Taconic DDSO for several years, then changed careers to NYS Corrections, where she worked as a corrections officer until her retirement in 2015. Raysonya leaves behind her bereaved family, her husband Willie Buford and his son Michael Buford of Poughkeepsie; mother, Carol Tomlin of Poughkeepsie, NY; brothers, Wilbert (Billz) 2nd, and Joseph Williams of Poughkeepsie, NY and Mark Williams of Sanford, NC; sisters, Jaleesa Frater of Poughkeepsie, NY, Robin (Kissie) Johnson of New Haven, CT, Teresa Shaw and brother-in-law Linwood Shaw of Goldsboro, NC; and special aunt, Ella Mathis of North Carolina. Sonya is predeceased by her late father Wilbert Williams, her paternal grandparents Vernell and Willie Williams; maternal grandmother, Maggie “Newkirk” Faison; uncle, Larry McFadden; nephew, Jayden Williams; cousin, Tah’Sir Holman; mother-in-law, Anita Welch and brother-in-law, Anthony Buford. Raysonya had a vibrant energy that drew you to her, “like a butterfly to a light”. Mrs. Buford will have a memorial service at 11:00 a.m., Wednesday, August 24, 2022 at Beth-el Church of God In Christ, 91 Hooker Ave, Poughkeepsie, NY 12601. Professional services entrusted to Rhodes Funeral Home, 43 Fairview Ave. , Poughkeepsie, NY 12601. “Committed to being the best” Call us anytime at 845-452-2894 or 452-6143.

Posted August 19, 2022

Posted in Poughkeepsie Journal

service information

Memorial service

Beth-el Church of God in Christ, 91 Hooker Ave, Poughkeepsie, NY 12601

August 24, 2022 at 11:00

Upper Darby GOP Team Issues Correction – Delco Times


As many of your readers will now know, I filed a motion for declaratory judgment against some of my fellow Council members for a violation of the Sunshine Act in June. These 6 council members, who are led behind the scenes by the GOP, had illegally engaged the Upper Darby Township council in a baseless lawsuit against the administration. He illegally violated the Sunshine Act because they did so without a public vote. Contrary to their stated justification, you cannot enter into litigation by inference.

Nearly two months later, at our August 17, 2022 Board meeting, President Burke acknowledged their unlawful act by seeking ratification of the Board’s actions against the administration. Unsurprisingly, that action passed with the same GOP-led 6-5 vote. Supposed “Democrat” Matt Silva even acknowledged his GOP allegiance by calling Council Democrats “the other side.” As this motion has now been ratified and this specific violation of the Sunshine Act has finally been corrected, I have now agreed to withdraw my complaint.

Councilwoman Wagner’s (R-1st arrondissement) repeated rage and outbursts during the meeting when I mentioned their correction shows how embarrassed they are to have to admit they got it wrong (again). However, I am encouraged that my colleagues have finally acknowledged their violation of the law. Apparently, this was done at the request of their lawyer, Mr. Christopher Boggs. Mr. Boggs has already publicly admitted that he informed the 6 of their likely violation of the law on or before June 7 of this year (more than 2 months ago) and called their defense “weak”. While the GOP-led team was careful with its wording, Wednesday night should be seen as nothing less than an admission of guilt, as actions speak louder than words. Additionally, on Wednesday night, they also attempted to introduce a petty motion that was not only illegal, but actually violated the Constitution of Pennsylvania. I find it concerning that the same council members who criticize our township attorney for not trusting his advice are also ignoring or circumventing the advice of the person they hired to replace him.

Some of my fellow Council members are so obsessed with finding any new “evidence” in an effort to salvage whatever credibility they once had that they would literally break the law to do so. Meanwhile, the slim majority has still failed to allocate even a single dollar from ARPA, and while parts of the funding have moved forward, bonuses for our township workers and support essential to our small businesses and non-profit organizations are still being held hostage.

While I’m glad the GOP-led team finally did the right thing on this case, it shouldn’t have taken a trial and two months of wringing their hands to do it — especially when their own lawyer had already told them that their case was weak. They say sunlight is the best disinfectant – maybe that’s why the GOP Upper Darby keeps violating the Sunshine Act.

Councilman Andrew Hayman

Why have business loans become a blessing for entrepreneurs?


You have to spend money to earn more money. The growth of the business depends on the investment as well as the market situation. However, the first important thing you need to understand is that you need trained personnel and state-of-the-art equipment. Therefore, for this you need money. However, most business people start their business with a limited number of resources. So what will solve your problem? This is a business loan. Business loans can bring new employees and the latest machinery to your industry. Whether it’s buying raw materials or meeting seasonal demand, you need resources at your fingertips. For this, business loans can be helpful.


Unlike investors, lenders and banks do not interfere with business operations. They do not dictate how you should use the loan money.

The only thing they are concerned about is timely repayment. Therefore, a business loan is a viable option for keeping control over the money you spend.

Easy and convenient

Get a business loan is not that difficult as all you have to do is get in touch with the lenders; they will take care of everything. Unlike conventional lenders, new financial institutions facilitate the process so that you can easily obtain a business loan.

Interest rate

Most lenders offer reasonable interest rates on business loans. This is not the case with other categories of loans, which often put borrower and lender in fierce competition. Therefore, if you want to take advantage of Business loans for SMEs with a low level of interest rates, so get in touch with a reputable financial institution as soon as possible.

No profit sharing

When you get investors on board, they expect returns on company profits. This is not the case with business loans. Here you return the fixed sum of money which is the principal plus the interest, which remains unchanged. Therefore, the overall process is simple and will give you fewer problems.

No warranty needed

Business loans sometimes come unsecured, provided you meet their eligibility criteria. Since business loans are unsecured, they are an attractive option for small business owners who do not have a good amount of assets.

Working capital

Most business people use business loan money to increase their working capital. It is a great help for those who want to liquidate their resources. You can run regular transactions and cover short-term expenses without keeping funds for your emergency.

Fiscal advantages

The interest you have to pay on the business loan is tax deductible. You must check the limit and the eligibility before applying for the business loan. Understand that business loans require minimal documentation, making the process quick and easy. Quick disbursement will add to their advantage for companies that do not have detailed documents.

Now that you have understood the benefits of business loans, it is time to get in touch with the financial institutions and understand the means of monthly repayment and other related aspects.

Dollar rally stalls as boring trading continues


Markets are generally pretty quiet today, with major pairs and crossovers trading within yesterday’s range, as well as within last week’s range. For now, the dollar is the strongest, followed by the pound and then the euro. The Australian and New Zealand dollars are the weakest. The yen and the Swiss franc are mixed with the Canadian.

Technically, the dollar’s rally this week isn’t making much progress so far. Even Gold’s recoil is relatively small. As long as 1754.13 support holds, upside from 1680.83 still favors recovery to 1807.66. Nonetheless, a firm break of 1754.13 will likely bring a reversal to retest the 1680.83 low. This could be accompanied by a stronger rise in the greenback.

In Europe, at the time of writing, the FTSE is up 0.16%. The DAX is up 0.53%. The CAC is up 0.24%. Germany’s 10-year yield is up 0.022 at 1.110. Earlier in Asia, the Nikkei fell -0.96%. Hong Kong’s HSI index fell -0.80%. China Shanghai SSE fell -0.46%. The Singapore Strait rose 0.33%. Japan’s 10-year JGB yield rose from 0.0139 to 0.200.

US initial jobless claims fell to 250,000, below expectations

U.S. initial jobless claims fell -2,000 to 250,000 in the week ending August 13, below expectations of 261,000. The four-week rolling average for initial claims fell – 2750 to 247k.

Continuing claims increased by 7,000 to 1,437,000 in the week ending August 6. The four-week rolling average for continuing claims rose from 13,000 to 1,413.

The Philly Fed manufacturing survey also released improved from -12.3 to 6.2 in August. Canada’s IPPI fell -2.1% m/m in July. The RMPI fell -7.4% mom.

ECB Schnabel: our concerns have not subsided after July’s 50 basis point hike

Isabel Schnabel, a member of the ECB’s executive board, said in an interview that there was “a strong indication that growth will slow down.” It would not rule out a technical recession in the euro zone, “especially if energy supplies from Russia are further disrupted”. Downside risks have also increased due to “additional supply-side shocks, caused by droughts or low water levels in major rivers.”

Regarding inflation, she said rising inflation rates are a “widespread development.” “Inflationary pressures are likely to be with us for some time; they won’t go away quickly,” she added. “I would not rule out that in the short term, inflation continues to rise…. it is very difficult to predict when inflation will peak.

Regarding the September meeting, Schnabel said “the concerns we had in July have not been alleviated.” In July, the ECB raised its interest rates by 50 basis points. “At the moment, I don’t think that perspective has fundamentally changed,” she added.

Eurozone CPI was finalized at 8.9% yoy in July, core CPI at 5.4% yoy

Eurozone CPI was finalized at 8.9% YoY in July, from 8.6% YoY in June. The CPI excluding energy, food, alcohol and tobacco was finalized at 5.4% year-on-year (vs. 4.9% year-on-year in June). The highest contribution to the euro zone’s annual inflation rate comes from energy (+4.02%), followed by food, alcohol and tobacco (+2.08%), services (+1 .60%) and industrial goods excluding energy (+1.16%).

The EU CPI was finalized at 9.8% yoy, down from 9.6% yoy in June. The lowest annual rates were recorded in France, Malta (6.8% each) and Finland (8.0%). The highest annual rates were recorded in Estonia (23.2%), Latvia (21.3%) and Lithuania (20.9%). Compared with June, annual inflation fell in six Member States, remained stable in three and rose in eighteen.

Australia lost -40.9k jobs, but unemployment rate fell to 3.4%

Employment in Australia contracted by -40.9k in July, much worse than expectations for growth of 25.0k. Full-time jobs fell by 86,900, while part-time jobs increased by 46,000.

The unemployment rate fell from 3.5% to 3.4%. The activity rate notably fell from 66.8% to 55.4%. Monthly hours worked in all jobs fell -16 million hours, or -0.8% month-on-month.

“July’s drop in unemployment reflects an increasingly tight labor market, including high vacancies and persistent labor shortages, resulting in the lowest unemployment rate since August 1974,” said Bjorn Jarvis, Head of Labor Statistics at ABS.

RBNZ Orr: monetary policy has been too accommodative for a while

RBNZ Governor Adrian Orr told a parliamentary committee: “Our underlying inflation is too high and that suggests that at some point monetary policy has been too accommodative for a while.”

“I have already apologized for the current level of inflation. I have already said that the Reserve Bank is party to this,” he added.

However, “the worst mistake we could make would be to fight deflation, unnecessary unemployment and economic collapse,” he said. “We ended up with the best problem – but it’s a problem – which is inflation, the underlying 4-6% inflation that we have to put back in the bottle.”

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 134.15; (P) 134.83; (R1) 135.74; After…

The intraday bias on USD/JPY remains neutral at this point. Overall, the corrective pattern from 139.37 will extend further. On the upside above 135.57 rebound will resume to retest 139.37 high. But a decisive break is not expected there this time. On the downside below 131.72 the fall will resume from 139.37 support at 130.38.

Overall, the fall from the medium-term high of 139.37 is seen as correcting the overall uptrend from 101.18 (2020 low). While a deeper decline cannot be ruled out, the outlook will remain bullish as long as the 55-week EMA (now at 122.70) holds. The long-term uptrend should resume at 139.37 at a later stage after the correction is over.

Economic Indicators Update

GMT Ccy Events Real Provide Previous amended
01:30 USD Job change Jul. -40.9K 25.0K 88.4K
01:30 USD Unemployment rate Jul. 3.40% 3.50% 3.50%
06:00 CHF Trade balance (CHF) Jul. 3.58B 3.55B 3.80B 3.68B
09:00 USD Eurozone CPI Y/Y Jul F 8.90% 8.90% 8.90%
09:00 USD Eurozone CPI Core Y/Y Jul F 4.00% 4.00% 4.00%
12:30 BODY Industrial Product Price M/M Jul -2.10% -0.80% -1.10%
12:30 BODY Commodity Price Index July -7.40% -3.90% -0.10%
12:30 USD Initial jobless claims (August 12) 250K 261K 262K 252K
12:30 USD Philadelphia Fed August Manufacturing Survey 6.2 -6.2 -12.3
14:00 USD Existing Home Sales Jul. 4.85M 5.12M
2:30 p.m. USD Natural gas storage 38B 44B

The new WhatsApp application will no longer require you to connect the phone


With the new application, say goodbye to WhatsApp Web


With the new application, say goodbye to WhatsApp Web

With the new application, say goodbye to WhatsApp Web

With WhatsApp’s new Windows app, you can now send, receive, and sync messages without logging into your phone. According to a website update by WhatsApp, the updated Windows app is no longer in beta and can be downloaded from the Microsoft Store.

Previously, Windows users had to download the web-based desktop app for WhatsApp or use their web browser to access the messaging service. As WhatsApp explains, having the new app native to Windows should speed up and improve responsiveness.

The biggest change is that syncing messages between your phone and the desktop app no ​​longer requires you to keep your phone connected to the internet. According to WhatsApp, a native app for macOS is also in development.

WhatsApp’s cross-device feature is fully operational and out of beta. This keeps end-to-end encryption intact and allows you to connect up to four devices to your WhatsApp account without using your phone.

The only way to link your WhatsApp account to a device at the moment is through a computer, so it makes sense to add support for tablets (or maybe an extra phone).

However, there are certain restrictions associated with the use of linked devices. You cannot wipe or delete chats, for example, if your primary device is an iPhone. Also, you cannot call or message someone who is using a “very old version” of WhatsApp, send messages with link previews, or view real-time locations from the WhatsApp web app. .

Preserve paper documents with this iOS scanner app and donate to children in need


If modern life has taught us anything, it’s that the more reinforcements you have, the better off you are, especially if you’re going to school or learning new skills. The iScanner app for iOS makes it easy to save anything on paper as a digital file, making it easy to edit and share.

The App Store’s #1 scanning app

Ranked #1 scanner app on the App Store after over 80 million downloads, iScanner combines optical character recognition with machine learning on iOS devices. It can read printed and handwritten characters and convert them to text which can be edited, searched, copied, shared, annotated and edited.

When you capture a document, iScanner uses advanced color correction and noise removal to produce a flawless copy. The app offers specialized modes for certain documents (like passports) to ensure the best possible image.

After scanning, you can edit and merge your scans with other documents just as you would with digital files. This can help ensure that visa applications, financial reports and other sensitive documents are properly packaged without struggling through piles of paper.

iScanner supports PDF, JPG, and TXT formats for easy sharing across devices and platforms, including iPhones, iPads, email and messaging apps.

iScanner also comes with a suite of quick response features. For example, a QR code scanner limits app switching and immediately opens links in print scans. iScanner’s measurement tools help you spot specific paper sizes, so your print job goes smoothly.

The app can even count objects and offer answers to simple math equations as needed, making it handy for doing homework or tracking inventory.

As Gizmodo the dish“The iScanner app is another example of clever use of an always-connected camera to do more than just make photos look better.”

Save on a lifetime subscription to iScanner

Paper notes should not be trapped in notebooks. A lifetime subscription to iScanner makes it easy to go from print to digital for just $39.99 forever (usually $199).

Until August 24, during our Back to Education event, 50 cents of your purchase will support a school or charity. You’ll be emailed to vote on organizations tackling issues like underfunded schools and food insecurity, so you can help children in need while investing in your own education!

After your purchase of iScanner, search for an email. Open it and you can vote for the charity you want your donation to go to. After the promotion ends on August 24, we will announce which organization finally received your contribution.

Prices subject to change.

Opinion: Boil water alerts are destroying our restaurants


I plan to start writing about Jackson’s water issues. This will consist of several articles in the near future.

I will do my best to write as objectively as possible, being fair to all parties involved, with no ax to grind. I hope eventually to be able to write intelligently about the cause of our problems and chart a reasonable course to correct these problems.

I feel like I’m in a good position to do that. I have been writing this column for over 30 years. I believe most readers have confidence in my ability to analyze complex issues and explain them clearly. I have many sources that trust me.

Building trust with sources is key to quality reporting and analysis. Over the past week, I have had long conversations with a dozen people at all levels of government and involvement. I already have a good understanding of the main issues, but there is still a lot of research to be done.

Usually these conversations are “not for attribution,” meaning I can’t quote the person giving me the information, but I can use the knowledge. Many sources confuse “not for attribution” with “off the record”. Off the record means you may not use the information at all, with or without attribution. So “off the record” is stricter than “not for attribution”.

During my conversations, I often ask questions and get the answer: “That’s a very good question. Let me know if you find the answer. I plan to find those answers and post them in this column and move the ball down the court.

I am already discovering that water issues can only be understood in the context of a larger problem that affects all city operations. In that sense, the water issue is a microcosm of the challenges Jackson is facing right now.

One aspect of this is the fact that Mayor Antar Lumumba is a left-wing Democrat in a right-wing Republican state. Many of Jackson’s issues will require local and state cooperation, which is difficult because of politics.

It’s good policy for Republicans to point fingers at Jackson’s problems and blame incompetent Democratic leaders. “See what happens when you elect Democrats! And it’s good policy for Lumumba to blame right-wing Republican leaders for refusing funds. “See what you get from these miserly right-wing Republicans. They hate Jackson. But I will stand up for you and fight them for you!

Meanwhile, as this political spectacle continues, tens of thousands of Jacksonians are afraid to drink the water.

Let me tell you right now, I drink Jackson’s water without hesitation. I do not even think about it. But I am alone in my family of five who are much more cautious.

Let’s be clear: I’m not advocating that readers ignore these boil water alerts. But personally, I have enough experience with government regulations to know that overpowering is the rule. We have some of the strictest water regulations in the world with constant testing and monitoring. I will stop drinking water when there is a real outbreak of waterborne disease, which to my knowledge has not happened yet.

Consider this most recent boil alert that involves a failed “turbidity” test.

Turbidity is an indication of the presence of tiny suspended particles in the water. High turbidity means more particles, which could potentially be bacteria or microorganisms.

So turbidity does not mean the water is bad, it just means the water is more likely to be bad.

When the tests actually show dangerous bacteria and microorganisms in the water, that’s when I stop drinking it. After all, what doesn’t kill you makes you stronger!

This is not unlike the covid issue, when there was a wide variation in caution displayed by people. Some people crowded into their homes, terrified. Others, like me, continued on their way. People are different.

So far no one has gotten sick, but the restaurants are sucking in the wind.

If I choose to drink water and get sick, I have no one to sue but myself. A restaurant is in a different ship. If they ignore a turbidity warning, they expose their restaurant to a lawsuit.

As a result, hundreds of restaurants in Jackson have to go through a variety of procedures and expenses whenever there is a boil water alert. These additional costs destroy their profit margins.

And to make matters worse, they lose 20% of their business to neighboring towns during the boil water alert. These are the 20 percent of people who are very afraid of waterborne diseases. Losing 20% ​​of your income while incurring huge additional costs will destroy Jackson’s restaurant industry. It’s a crisis, but no one seems to care.

When covid hit, the federal government immediately stepped in with emergency relief funds. It saved my business and millions of others.

But there has been no such local or state emergency relief plan for the hundreds of desperate restaurants that will soon close. Where is the leadership in this regard?

I imagine there are attorneys already considering representing these restaurant owners in a class action lawsuit against the city for this prolonged boiling water crisis.

The lack of cooperation between cities and states is compounded by the drastic reduction in funding for water system infrastructure by the federal government over the past 20 years. As a result, boil water alerts are on the rise across the country. Jackson may be one of the worst, but he’s not the only one.

A scan of the internet couldn’t determine an average number of boil water alerts for a city the size of Jackson, but five system-wide alerts over the past 18 months aren’t. definitely not normal.

There was a lot of noise surrounding a four-day boil water alert in Austin earlier this year, but it was an isolated incident. Jackson’s boil water alert is now in its 18th day.

According to the Louisiana Illuminator website, Rapides Parish (Alexandria), Louisiana recorded 141 boil water alerts over a two-year period. St. Tammany Parish (Covington/Slidell) had 200. So Jackson isn’t the only one. Overall, Louisiana had 1,000 boil water alerts each year, an average of one per municipality. I couldn’t find such statistics for Mississippi.

A Texas study showed that boil water alerts were increasing rapidly in Texas — a 73% increase from 2011 to 2016. This problem is not unique to Jackson. Our preponderance of Yazoo Clay probably doesn’t help matters.

The good news is that we have very comprehensive and strict testing laws enforced by the Federal Environmental Protection Agency and the State Department of Health working in conjunction. So we know the problem. Repairing it is much more difficult.

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Overview of the IPO

Equity Type Issue price Size of the problem Lot size Open issue Closing the issue
Syrma SGS View profile Initial Public Offering 209 836.42 – 840.13 68 12-08 18-08
Olatech Solution View profile initial public offering of an SME 27 1.89 4000 12-08 19-08
Naturo Indiabul View profile initial public offering of an SME 30 10.92 4000 22-08 24-08
Rhetan TMT View profile initial public offering of an SME 70 56 2000 22-08 25-08
Equity Issue price Registration date Ad open close ad Listing Earnings % CPM Current Earnings %
Healthy life ten 26-07 10.29 9.34 -6.6 9.81 -1.90
Veerkrupa Jewel 27 18-07 54.75 25.65 -5 69.40 157.04
B Right Realest 153 13-07 155.00 154.00 0.65 147.00 -3.92
Jayant Infra 67 13-07 76.00 79.80 19.1 280.55 318.73
Scheme Fund category information Purchase order Opening date Closing date
No NFO details available.
Equity Type Issue price Size of the problem Lot size Subscription Open issue Closing the issue

Veekayem Fashio View profile

initial public offering of an SME 28 4.44 0 05-08 11-08

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Balwant Jain
Balwant Jain

Tax and investment expert,

August 18 – 2:00 p.m.

Can an NRI buy property in India

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Balwant Jain
Balwant Jain

Tax and investment expert

August 18 – 2:00 p.m.

Can an NRI buy property in India

Securities transaction

Company Report Ex-Bonus
REC 1:3 17-08-2022

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country=India page generated=2022-08-17 17:30:15

Interest-free loans to be rolled out in UK to help pay food bills | Borrowing & debt


A zero interest loan scheme to help thousands of people struggling to put food on the table is being rolled out across the UK.

The initiative, the result of a link between the Iceland supermarket chain and a charity-owned lender, is the latest interest-free loan scheme to be launched in response to growing concern over households who find themselves the peak of the crisis cost and are unable to access or afford existing forms of credit.

The scheme is designed to enable them to cover school holiday grocery bills or bridge income gaps by giving interest-free ‘microloans’ of between £25 and £100 to buy everyday items .

Iceland has partnered with Fair for You under the initiative, which is being rolled out across the UK from August 16 after a pilot phase in which loans were made to over 5,000 clients.

Microloans are made available on preloaded cards, with repayments set at £10 per week. During the pilot, customers paid a ‘minimal’ amount of interest on the loans, but Iceland had decided to invest an undisclosed amount ‘to make all loans completely interest-free for the national rollout’.

It’s unclear how many people could benefit, although it appears to be significantly more than the 5,000 who took part in the pilot.

An independent evaluation of the pilot project found that 92% of customers who had ever used food banks had stopped or reduced their use, while 71% said they were less likely to fall behind on rent, tax, etc. home or other bills.

Anyone can apply for the scheme and, if successful, the credit can be used both in-store – Iceland has nearly 1,000 outlets – and online using the pre-loaded card. Successful applicants receive a credit limit of £100 and, upon joining the scheme, called Iceland Food Club, can load an initial top-up of £25 to £75 onto their card.

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Richard Walker, chief executive of Iceland Foods, said “new thinking” was needed from business and government to find workable solutions to the cost of living crisis.

The initiative has been supported by organizations such as Nesta, a UK innovation foundation, and the Esmée Fairbairn Foundation, a grant-making charity.

Zero-interest loans for people in financial vulnerability were piloted earlier this year by South Manchester Credit Union, with a wider pilot set to roll out soon. The government had provided non-profit Fair4All Finance with £3.8million in funding to test loans of between £100 and £2,000 which could be used to pay for much-needed items or cover costs – from the initial nursery costs. school uniforms and essential furniture.

Decarceration and Violent Crimes | city ​​newspaper


Last Wednesday, August 10 marked the launch of a new bipartisan criminal justice reform initiative: the Coalition for Public Safety, led by former adviser to President Trump Ja’Ron Smith. Drawing a welcome distinction between his group and some of the more radical elements of the criminal justice reform movement, Smith tweeted that the Coalition would seek to “reduce violent crime” and work “to adequately fund the police”.

As serious violent crimes – homicides and shootings, in particular – increase in many parts of the country (and in some cases even exceed the peaks of the 1990s), it is refreshing to see reform organizations like the Coalition grant priority to our public safety issue. His efforts are particularly welcome given the past few years of criminal justice policymaking, which have been marked by misguided efforts to defund the police, restrict the prosecution of officers, elect prosecutors who unilaterally seek to repeal duly enacted legislation and pursue decarceration through bail and other penalties. reforms based on the belief that the United States suffers from “mass incarceration”.

However, as recent reform efforts have shown, good intentions are not always synonymous with sound policy. Ensuring that the police are properly funded is a necessary condition for public safety, but it is insufficient. A true comprehensive security strategy also requires recognition of the role played by law enforcement and, in support of police efforts, a criminal justice system dedicated to incapacitating dangerous offenders.

A review of the Coalition’s literature suggests a fundamental unease with the approaches to law enforcement that a full recovery from the resurgence of crime may eventually require. For example, a recent Fox News article covering the announcement of the Coalition’s launch highlighted this passage from the group’s statement of principles: “Every minute [the police] spend on revenue-generating activities is a minute they don’t spend solving or preventing serious crimes. The article goes on to note that the statement “argues that police officers are too often bogged down by non-criminal calls, traffic incidents, and mental health incidents,” which prevent them “from focusing their time and their resources on fighting violent crime.

This idea poses several problems. Let’s start with the application of the highway code. The suggestion that such efforts are mere “income generating activities” is deeply flawed. It ignores substantial evidence linking reductions in police-led traffic enforcement to increases in vehicle collisions and traffic-related deaths. The implicit call to reduce the importance of traffic law enforcement in order to maximize violent crime efforts also ignores how contacts initiated as a result of traffic violations often lead to the discovery of contraband and warrants, which serves public safety. In New York, for example, more than 42% of all firearm arrests in 2020 were made during vehicle stops.

When it comes to mental health incidents, it is simply unrealistic to completely, or even substantially, shift responsibility for the response to the police, as my Manhattan Institute colleague Charles Fain Lehman recently noted in a thorough examination of the evidence.

On the issue of bail and pre-trial detention, the Coalition’s webpage states that it wants to “[p]promoted the use of transparent, validated and non-discriminatory risk-based solutions to replace purely monetary bond systems that discriminate against the poor and do not provide an adequate public safety return. Yet its New York homepage makes no mention of the fact that New York is the only state that legally prohibits judges from considering a defendant’s public safety risk in any aspect of any decision relating to provisional release. This page does, however, include criticisms of the “bail industry”, a defense of The Bail Project (which has secured the release of violent repeat offenders), as well as a defense of state bail reform, including the enactment was followed by a 25% increase in the share of violent crime arrests made by people with open cases.

The Coalition has a web page for each of the states in which it currently works. At the top of each is a tally of prison, prison, and correctional populations, along with each state’s correctional rate and share of the budget spent on corrections. No other data is included, neither the number of police officers, nor the number of homicides, nor the number of other violent victimizations. This content and other content on the website suggests that the Coalition will measure success primarily by the degree of decarceration in these jurisdictions rather than improvements in the state of public safety.

There is no problem in pursuing reforms of an imperfect system. There are indeed subsets of the American prison and prison populations for whom incarceration serves no legitimate penological purpose. But there are also people who should be behind bars but aren’t, which is an issue any organization dedicated to public safety must be prepared to deal with. Among the questions I hope Coalition leaders will answer is how they balance their focus on decarceration with their dedication to improving public safety, especially since so much violence serious are already motivated by those who have received several “second chances”, to use an expression from the list of political priorities of the Coalition. And I remind readers that recent reports from the Bureau of Justice Statistics show that, on average, those released from state prison had accumulated about ten prior arrests and five prior convictions. before their last incarceration. These figures suggest that the vast majority of people incarcerated today are higher risk offenders than those who, according to a mixed body of evidence, can be safely diverted from correctional settings.

Public safety is the most important asset of any neighborhood, and its provision is the first duty of government. This asset has now been eroding for years – a development that has coincided with sharp reductions in the country’s prison and prison population. Reclaiming public safety must begin with an openness to the possibility that these trends are linked.

Encouraging Young Learners to Choose Education Loans


The ultimate goal of every student is to build a successful career. Higher education accelerates the path to success by honing skills, developing specialized knowledge and chiseling a better personality of aspirants to make them career ready. Hence, it has always been seen as the natural next step in a student’s life, ensuring a stable future for him. Today’s students seek financial independence and therefore choose student loans over financial assistance from parents or family savings to finance their higher education.

“Financial independence is the ability to live on income from personal resources.” — Jim Rohn, entrepreneur, author and motivational speaker.

In its most basic sense, financial independence means being self-reliant and paying your bills. In simple terms, it means having enough assets to pay for expenses without depending on anyone else. By the time students reach the age at which they are eligible for a student loan, they are often old enough to understand the finer nuances of financial independence and what it really means for their financial health. However, with this independence comes its own responsibilities, as it is imperative to repay the student loan responsibly.

Nevertheless, the education loan is gaining popularity among young students, as it is a prudent choice in the face of the rising cost of higher education. According to the All India Higher Education Survey, an increase in higher education enrollment coupled with education inflation has led to an increase in the demand for student loans.

Here’s what encourages young learners to choose student loans to be financially independent.

Ability-Based Lending: There are various predefined parameters used by lenders to assess the repayment capabilities of individuals. Many new-age lenders prioritize the employability potential of students over the co-borrower’s financial history. In order to determine a student’s employability potential, financial institutions assess various things such as past academic performance, entrance test scores, pedigree from the university or institute where they studied, as well as other parameters. This helps them decide on the future repayment capacity of the student.

Smart Decisions: Taking on the responsibility of repaying a loan inculcates habits of financial prudence early in life. They tend to control their frivolous expenses in order to maintain cash, in addition to maintaining a corpus for emergencies. Thus, students adopt healthy financial habits from an early age.

Build credit scores: Students are at a crucial time in their lives and will need other financial products. After the student’s college career ends, the student may need additional funds in the form of a car loan, home loan, or credit card. By repaying the student loan responsibly, students can establish a healthy credit score, increasing their chances of obtaining future loans on better terms.

Access to quality education: Many students are sometimes forced to abandon their dreams of furthering their education – whether in India or abroad – due to a lack of funds. Rising inflation and the cost of living add to monetary pressures. An education loan covers the overall cost of education, including airfare, tuition, accommodation, study materials, living expenses, cost of devices learning and other education-related expenses, thus ensuring that they are not forced to compromise on their aspirations to benefit from a higher quality education.

Preserve family savings: With easy access to student loans, students and their families don’t need to dip into family savings, sell family gold, liquidate assets, or close businesses. DF. Instead, these savings can be extremely useful in the event of a health or other emergency.

Career Boost: Access to top quality education at a leading institute opens up a wealth of opportunities for students. They have the opportunity to pursue the profession of their choice and have access to opportunities to work for some of the best brands in the world or even to become successful entrepreneurs.

The easy availability of education finance solutions enables easy access to quality education. New age lenders have geared up to bridge the gap between aspirants and their academic aspirations to ensure that deserving students get the student loans to fund their higher education. With the help of technology and relevant data, they are in the best position to create hyper-personalized solutions tailored to each candidate. The student loan will earn students the coveted “self-made” badge.

(The author is the Chief Business Officer – Education Loans, Avanse Financial Services)