Fears grow over second EU debt crisis

first_img Fears grow over second EU debt crisis whatsapp Thursday 23 September 2010 8:33 pm FEARS of a second European Sovereign debt crisis grew yesterday as economic data showed Ireland’s second quarter GDP fell while uncertainty over how the country will support its banking sector triggered a sell-off in its bond markets that sent gilt yields to a record high.The sell-off came after the Irish government signalled that holders of Anglo-Irish bank’s €2.4bn worth of subordinate debt may have to accept a “haircut”, as it confirmed it would extend its bank guarantee scheme for three months.The spread on five-year Irish sovereign credit default swaps (CDS) widened to as much as 490 basis points (bps) yesterday, meaning the cost of insuring $10m of debt over five years jumped to $490,000. Meanwhile, the spread on five year Portuguese CDS widened to 419 bps from 391 bps and Italy widened to 204 bps from 195 bps. The Spain five-year CDS spread was at 242 bps versus 234 bps on Wednesday, while Greece widened to 828 bps from 813 bps. Spanish telecommunications giant Telefonica also cancelled a bond sale on concerns about the creditworthiness of the Eurozone’s most indebted nations.Official figures showed Ireland’s GDP fell 1.2 per cent in the second quarter as imports grew unexpectedly.More broadly, economic data showed the manufacturing and services sectors in the Eurozone slowed more than expected in September.The Eurozone Purchasing Managers Index (PMI), compiled from surveys of around 2,000 businesses ranging from banks to restaurants, showed sentiment fell to 53.8 in September from 55.9 in August, its lowest reading since February. The index also indicated Ireland, Spain and Italy were in danger of falling back into recession. Tags: NULL Sharecenter_img KCS-content Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Prooflast_img read more

City speaks out against Portugal bailout and Ed Balls’ political U-turn

first_img KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comColin Kaepernick to publish book on abolishing the policethegrio.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.com whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Comments submitted to the panel were withering, with most saying the UK should focus on problems closer to home before agreeing to help those further afield. “We need to get our house in order regardless of what’s happening abroad. Rather than providing funds for bailouts for other countries, those monies could be used to reduce our deficit further,” said one respondent. A minority did see the planned bailout as an opportunity for the UK to realise a return, however, with one panellist commenting: “Bearing in mind we can borrow the money at a four per cent interest rate and the Portuguese government will repay at 6.5 per cent, I think this is a reasonable bit of business.” No fewer than 49 per cent of participants agree with chancellor George Osborne’s assertion that the Portuguese experience justifies the depth and speed of austerity cuts in the UK, and 15 per cent see the latest sovereign casualty as proof that UK cuts should be even more drastic. Only 4.5 per cent backed the view that Portugal showed that the UK’s cuts are being made too drastically, while 29 per cent said the countries were too different to compare.Balls spoke out last week to say the UK should limit its contribution to the bailout fund, despite the agreement signed by Labour’s ex-chancellor Alistair Darling last year that the UK would contribute 13 per cent to the EU’s bailout fund. But only 17.5 per cent said this u-turn made them feel more favourable towards him. Twenty-eight per cent of those polled said that Balls’ scepticism had made them feel “much less favourable” towards him and 14 per cent somewhat less so. “Balls’ comments display a level of complete ignorance as to how UK banks have a very substantial exposure across Europe in holdings of both sovereign and corporate debt in the countries affected, and the potential losses that could be suffered on a default,” said one.Statistics were compiled from the 489 responses to the latest Voice of the City poll, printed in last Wednesday’s City A.M. and completed online by our City panel. Apply to join the panel at www.cityam.com/panel Participants could be in with the chance of winning a free luxury weekend to Paris. In September, we’ll put panellists who have responded to at least 80 per cent of surveys into a prize draw. Full T&Cs on request. whatsapp City speaks out against Portugal bailout and Ed Balls’ political U-turn Share Sunday 17 April 2011 11:02 pm Tags: NULL TWO THIRDS of our Voice of the City panel think that the UK contributing to a European bailout of Portugal is the wrong decision, with 41 per cent branding the move “completely wrong” and 23 per cent “somewhat wrong”. Just 12 per cent of respondents think the bailout is “completely right”.last_img read more

Prestige Assurance Plc (PRESTI.ng) 2012 Abridged Report

first_imgPrestige Assurance Plc (PRESTI.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2012 abridged results.For more information about Prestige Assurance Plc (PRESTI.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Prestige Assurance Plc (PRESTI.ng) company page on AfricanFinancials.Document: Prestige Assurance Plc (PRESTI.ng)  2012 abridged results.Company ProfilePrestige Assurance Plc is an insurance company in Nigeria licensed to cover all classes on non-life insurance. The company offers products for motor, marine, bond, engineering, fire, aviation, oil and gas, and general insurance. Prestige Assurance Plc also provides all risk insurance and products for group personal accident, burglary, fidelity guarantee, workmen’s compensation, machinery breakdown, fire and allied perils, consequential loss insurance and liability insurance. Prestige Assurance Plc is a subsidiary of The New India Assurance Company Limited, Mumbai. It was founded in 1952. The company’s head office is in Lagos, Nigeria. Prestige Assurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Compagnie Immobiliere Limitee (CIMO.mu) 2015 Abridged Report

first_imgCompagnie Immobiliere Limitee (CIMO.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2015 abridged results.For more information about Compagnie Immobiliere Limitee (CIMO.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Compagnie Immobiliere Limitee (CIMO.mu) company page on AfricanFinancials.Document: Compagnie Immobiliere Limitee (CIMO.mu)  2015 abridged results.Company ProfileCompagnie Immobiliere Limitee is based in Port Louis, Mauritius and deals in the renting out of commercial and office space in Mauritius. The company owns the Arcades Currimjee located in the Curepipe. Compagnie Immobiliere Limitee is listed on the Stock Exchange of Mauritius’ Development Enterprise Market.last_img read more

Ecobank Transnational Incorporation (ETI.gh) Q12021 Interim Report

first_imgEcobank Transnational Incorporation (ETI.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2021 interim results for the first quarter.For more information about Ecobank Transnational Incorporation reports, abridged reports, interim earnings results and earnings presentations visit the Ecobank Transnational Incorporation company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for Ecobank Transnational Incorporation (ETI.gh) in the past 12 months, as of 2nd June 2021, is US$44.97K (GHS259.66K). An average of US$3.75K (GHS21.64K) per month.Ecobank Transnational Incorporation Interim Results for the First Quarter DocumentCompany ProfileEcobank Transnational Incorporation is a financial services institution offering retail, wholesale, investment and transactional banking services to government departments, financial institutions, multi-nationals, small- to medium-size enterprises, micro businesses and individuals in Africa and internationally. The banking group operates in the domestic, corporate and investment banking segments. Ecobank Transnational Incorporated offers a full-service product offering which ranges from current and savings accounts to business accounts and term deposits. Ecobank Transnational Incorporated also provides services for institutional banking; ranging from treasury and investment banking to commodity/trade finance, debt issuance and equity offerings, mergers and acquisitions and syndicated lending. The financial institution operates a network of approximately 1 200 branches and offices in the major towns and cities of Ghana. Its head office is in Lomé, Togo. Ecobank Transnational Incorporation is listed on the Ghana Stock Exchangelast_img read more

Options at 9 for Kidney as Ireland look to forget whitewash

first_imgFar more than an understudy to Ruan Pienaar at Ulster, Marshall has developed a game which should eventually force the hand of Declan Kidney, and not before time.  ‘Small Paul’ is one of the quickest half-backs in the RaboDirect Pro12 and a constant threat around the fringes. Marshall also possesses an inch perfect box kick in his armoury.A surprise contender for a return to the Ireland setup is Tomas O’Leary.  Currently plying his trade at London Irish, O’Leary has formed the beginnings of an unlikely half-back partnership with exiled Ulsterman Ian Humphreys.Previously, it seemed that O’Leary’s  Irish hopes were in a Felix Baumgartner style freefall and off the Kidney radar before his move to the English capital. But solid form and a positive attitude could see the former Grand Slam winner forcing his way back into contention.As for Eoin Reddan, he will simply be relieved that Leinster avoided a shock opening round Heineken defeat to the Exeter Chiefs. It just didn’t click for the three times champions of Europe.  How much of that blame can be laid upon Reddan is debatable but that form certainly wouldn’t make him a front runner for the national team if it were to continue.  Isaac Boss’ return to fitness should keep Reddan on his toes in D4. At 23, Conor Murray is the youngest option available to Kidney.  His promotion to the international game was remarkably quick, perhaps with the selectors hoping and willing the Munster nine to take ownership of the green jersey for the future. A crucial error which cost Munster a win in France in the first weekend is a solitary stain on what has been a steady start to his season.Murray will, in all likelihood, get the nod on Nov 10 as Kidney is known for his loyalty.  But the onus is on him to keep improving and give Warren Gatland something to think about when it comes to selecting his Lions tourists. He’s not there yet, but Murray has bags of potential. Uncapped: Paul Marshall impressed for Ulster in their bonus-point win against CastresBy David BlairTHE AUTUMN Internationals are weeks away, with the Irish tasked to banish all memories of that humiliating 60-0 whitewash in Hamilton.If you cast your mind back, Ireland had very nearly accomplished the seemingly impossible task of beating the All Blacks one week prior to the final test whitewash. Instead, not only did a first Irish victory over the All Blacks remain elusive, but an agonising five-month wait would follow before the squad had their first opportunity to right the wrongs of their performance in Waikato.  That wait is almost over.South Africa and Argentina will provide two stern tests for the Irish as they bid to overcome their summer blues.  Meanwhile a presumably second string Irish XV will face Fiji at Thomond Park. Opening the series against the Springboks is hardly ideal with pressure mounting on the management but there is hope amongst the doom and gloom.The experience gained by individuals previously badges as fringe players will add to the pool of talent from which Declan Kidney will select his XV.  There is healthy competition around the squad to suggest the future looks less daunting than in previous years. And no, I’ve never said Leo Cullen could be considered fresh faced!There are options to explore all over the park, but scrum-half is intriguing.  Conor Murray is currently in possession of the shirt, with Eoin Reddan the bench option, but they are by no means nailed on to be in the match 22.  Challengers are lining up to be thrown into the mix. Paul Marshall had an outstanding opening weekend in the Heineken Cup, scoring twice in a man-of-the-match performance as Ulster left it late to complete a four try bonus point win over Castres Olympique. HIGH WYCOMBE, ENGLAND – SEPTEMBER 15: Tomas O’Leary of Irish in action during the Aviva Premiership match between London Wasps and London Irish at Adams Park on September 15, 2012 in High Wycombe, England. (Photo by Richard Heathcote/Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

Capturing the spirit of volunteering competition

first_imgCapturing the spirit of volunteering competition  46 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis A photographic competition has been launched by Volunteering England together with the Guardian Newspaper and Dixons to show the incredible and varied work of the UK’s millions of volunteers. The competition is part of this year’s Volunteers’ Week 1-7 June 2004 celebrations and is being judged by the award-winning photographer Andy Hollingworth. It is open to anyone with a camera* and encourages people to use their creative skills to capture the ‘spirit of volunteering’.Andy Hollingworth will be judging the photographs, that fall into three categories:1. Young volunteers (under 25 years old)2. Volunteers in sport3. Volunteers and the environment (from campaigning to conservation).Photographs must have been taken between 1 May 2003 and 1 May 2004 and not previously published. The deadline for the competition is on the 14th of May 2004. Details of the competition and an application form can be found on the Volunteers’ Week websitewww.volunteersweek.org.uk/photocompetition .Andy has photographed some of the most famous and celebrated comedians of British history and his work has been featured in the National Portrait Gallery, The Independent and numerous photographic magazines. His unique style has enabled him to bring out engaging and captivating pictures of Britain’s finest comedians. Andy’s advice to potential entrants is:“You’ve got to be in it to win it. Take risks. The competition is to show people being involved in different types of volunteering, such as the environment and sport. Try to get some emotion into the photographs and show the difference that volunteers make to people’s lives. Contrast is good: go for different age groups or interesting settings”.The photographic competition is being supported by Dixons, who are offering prizes for the winner and two runners-up in each category. The winner of the best picture taken by an under 25 year old will be invited to spend the day with a Guardian photographer and the best overall winner will have a picture of volunteers in action for a voluntary organisation of their choice taken by Andy Hollingsworth.Volunteering is varied and diverse, this gives entrants numerous opportunities to show what it means to volunteer. Entrants will be required to use their imagination and creativity to capture the true essence of volunteering in this unique and exciting competition.For further information about the competition, Volunteers’ Week and interviews withAndy Hollingworth, please call Ben Miller in the TimeBank Press Office on 020 7401 5428 or email [email protected]*Except professional photographers-ends-Notes to Editors:• Volunteers’ Week is the UK’s annual celebration of the work of volunteers. During the Week events are held across the country to recognise, reward and recruit volunteers. For further information – www.volunteersweek.org.uk.• Volunteering England works to promote volunteering as a powerful force for change, both for those who volunteer and for the wider community. For further information – www.volunteering.org.uk or 0845 305 6979. Tagged with: Volunteering About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 22 April 2004 | Newslast_img read more

Le Kha Phieu ¡presente!

first_imgOn Aug. 7, another of the heroic and determined generation of revolutionaries who guided Vietnam’s liberation movement passed away. Le Kha Phieu was born in 1931 in Thanh Hoa province in the northern part of Vietnam (then French Indochina). At 15, he joined the revolutionary struggle to gain independence from French imperialism, which had been forced out of Indochina during World War II by Japanese imperialism, but was attempting to reassert dominance. Le Kha Phieu joined the Indochinese Communist Party in 1949, and in 1950 he joined the Vietnam People’s Army to take part in the armed struggle to liberate his country.Le Kha Phieu rose through the ranks, first during the war against French imperialism and then during the long years of war against the U.S. occupation. (en.bocongan.gov.vn, Aug. 14) After the defeat and expulsion of the U.S.-imperialist forces, he also participated in the campaign to stop the invasion by China in 1979, which was motivated by China’s political differences with Vietnam regarding Cambodia. While in the armed forces, Le Kha Phieu held many positions of political leadership. He reached the rank of colonel general and head of the general political department of the People’s Army. In 1991, he was elected to the Central Committee of the Vietnam Communist Party, to the Politburo in 1994 and was elected General Secretary of the party’s Central Committee in 1997. (e.vnexpress.net, Aug. 15) There were serious political differences inside the party and within Vietnam’s general society in the late 20th century. The party was involved in a principled struggle over tactical questions concerning whether and how quickly to introduce capitalist measures into the economy. Could the economic needs of the people be more effectively met by the government through centrally planned development projects or by loosening up some socialist controls and permitting some capitalist development and foreign corporations? Le Kha Phieu was on the losing side of this debate (that argued to not open up the economy), and his five-year term was cut short by a year. In 2001, he was out of that position.  He retired from his official positions in 2006. At that time, he was given many awards for his lifetime of great contributions, including the Golden Star order recognizing his 70 years of dedication and leadership as a member of the party.Le Kha Phieu’s contributions were honored with a two-day official period of mourning. Numerous high level delegations of representatives from the VCP, government, diplomatic and fraternal parties, and popular organizations attended the simultaneous memorials held in Hanoi, Ho Chi Minh City and his birthplace in Thanh Hoa. Numerous tributes were sent recognizing his remarkable role in Vietnam’s wartime and postwar struggles. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

70% of U.S. Farms and Ranches Now Have Internet Access

first_img SHARE By Gary Truitt – Aug 21, 2015 Facebook Twitter SHARE Home Indiana Agriculture News 70% of U.S. Farms and Ranches Now Have Internet Access A royalty free image from the farming industry of a farm worker using a tablet pc to surf the internetA report released this week by USDA shows 70 percent of U.S. farms and ranches now have access to internet. The Computer Usage and Ownership report by USDA’s National Agricultural Statistics Service shows a three percent increase in internet access since 2013. DSL remained the most popular method for accessing internet, accounting for 30 percent of all farms and ranches with internet access.Wireless connection, which accounts for 29 percent, and satellite connection, which accounts for 21 percent of the U.S. total, showed significant growth in the past two years.According to the report, 43 percent of U.S. farms use computers for their business operations. Farmers in the Western states are most likely to use computers for business. In that region, 48 percent of all farms use computers for that purpose. Western region was closely followed by the North Central and Northeast states, where 46 and 45 of all farms followed this practice. Southern states have the lowest percentage in this category. In that region 36 percent of all farms use internet to conduct business. Facebook Twitter 70% of U.S. Farms and Ranches Now Have Internet Access Previous articleCellulosic Ethanol Performance Tests SuccessfulNext articleMinnesota Provides Crop Tour Corn Highlights Gary Truittlast_img read more

Image Magazine: Volume 47, Issue 2

first_imgFacebook Twitter Facebook Twitter Image Magazine Staffhttps://www.tcu360.com/author/image-magazine-staff/ Vintage fever: Fort Worth residents and vintage connoisseurs talk about their passion for thrifting + posts Linkedin Return of the disco: Latest fashion trends mirror the 1970s Image Magazine Staff Image Magazine: Volume 47, Issue 4 ReddIt Sustainability is the new green: Fashion companies work towards environmentally-conscious practices Image Magazine: Spring 2021 Image Magazine: Volume 47, Issue 3 Previous articleParty brings Christmas cheer to Cook’s Children’s patientsNext articleEd and Rae Schollmaier Arena opens Tuesday for dedication Image Magazine Staff RELATED ARTICLESMORE FROM AUTHOR printFailed to fetch Error: URL to the PDF file must be on exactly the same domain as the current web page. Click here for more info Image Magazine Staffhttps://www.tcu360.com/author/image-magazine-staff/ ReddIt Linkedin Cowgirl: A look at the most glamorous women in rodeolast_img read more