People in Cape Breton will be a step closer to being injury-free,thanks to the dedication of health and injury preventionprofessionals. Twenty-seven professionals are participating inthe Canadian Injury Prevention and Control Curriculum beginningWednesday, Sept. 29, in North Sydney. “This curriculum is a valuable resource to Nova Scotia’s injuryprevention practitioners because it’s developed for Canadians,using Canadian content and data — the first curriculum to doso,” said Julian Young, co-ordinator of injury prevention andcontrol with the Office of Health Promotion, and instructor ofthe curriculum. “By enhancing the skills of Nova Scotia’s injuryprevention practitioners, we can be more effective and strategicin our prevention efforts.” Injuries are the leading cause of death for Canadians aged 1-44,killing 450 Nova Scotians each year. The curriculum focuses onthe epidemiology of injury; principles of injury control; basicinjury data systems; applied research and planning methodologies;and methods of program development, implementation andevaluation. Mary Musgrave, a public health nurse and nurse manager fordistrict health authorities 7 and 8, participated in the firstcurriculum in June. As a result of her experience, she encouragedher colleagues in Cape Breton to participate, and several areregistered. “As public health professionals, we’re in the homes, schools andcommunities and are in a good position to decrease injury and theimpact of injury, knowing that it’s one of the most pervasivehealth issues we’re faced with,” said Ms. Musgrave. “This courseprovides an excellent foundation of knowledge to help us helpothers.” This is the second of five three-day courses to be offeredthroughout the province this year, training more than 125 peoplein total. It will help establish a common language andunderstanding of injury prevention among all areas of injuryprevention across Nova Scotia and throughout the country,improving the ability to work together to address this epidemic.Participants will be better equipped with the knowledge todevelop injury prevention programming specific to theircommunity’s need. Child Safety Link, the Atlantic Network for Injury Prevention,and several other organizations have partnered with the Office ofHealth Promotion to help deliver the curriculum in Nova Scotia. Nova Scotia is the only province with a provincially funded andendorsed Injury Prevention Strategy, with a $350,000 investmentthis year. Preventing falls, motor vehicle crashes and self-inflicted injury are the strategy’s three priority areas. For more information on the curriculum see the website athttp://www.canadianinjurycurriculum.ca . The Injury PreventionStrategy is on the Office of Health Promotion website atwww.gov.ns.ca/ohp/injuryprevention.html .
DES MOINES, Iowa — The U.S. Department of Agriculture says it must delay the release of key crop reports due to the partial government shutdown.The announcement Friday left investors and farmers without vital information during an already tumultuous time for agricultural markets. The USDA planned to release the reports Jan. 11 but said that even if the shutdown ended immediately, the agency wouldn’t have time to release the reports as scheduled.Grain market analyst Todd Hultman says the situation will worsen if the shutdown continues.The lack of information comes amid the uncertainty of trade with China, where tariffs led to an abrupt drop in U.S. exports to the country. There were indications that China was beginning to resume purchases of U.S. crops, but because of the government shutdown it’s unclear what’s happening.Scott McFetridge, The Associated Press
New Delhi: Following the violence that erupted during a sealing drive in Mayapuri, traders from the area met with Union Minister Hardeep Singh Puri and Delhi BJP President Manoj Tiwari on Tuesday to discuss issues troubling them. Tiwari said that Arvind Kejriwal’s reaction to the sealing drive shows that he wants to mislead traders in Delhi by turning them against the saffron party. He said his party always has and always will stand by traders. Levelling accusations against the Kejriwal-led AAP government in Delhi, Tiwari said that the Chief Minister pressurised officials to conduct the sealing drive. The North-East Delhi MP said, “Kejriwal uses all the types of tactics to mislead the traders but they know the reality and they also know that whenever the traders faced any problem the BJP solved it.”
Rabat – The Spanish government has called on theEuropean Union to provide Morocco with multi-year financial aid to enable the North African country to deal with pressure due to theflow of undocumented migrants.Spanish news outlet El Pais said that three Spanish officials emphasized the importance of the increase of financial support to Morocco.The officials conveyed their support during the EU’s Deputy Director General of Migration and Internal Affairs, Simon Mordue’s visit in May. The list of Spanish officials who demanded an annual financial contribution to Morocco from the EU included General Director of International Relations and Immigration of the Ministry of the Interior, Elena Garzón and Head of the General Commissariat of Foreigners and Borders, Juan Enrique Taborda.Read Also: Morocco Thwarts More Than 30,000 Irregular Migration Attempts in 2019“Both asked that Brussels guarantee a multi-year fund to Morocco,” the news outlet added.The Spanish authorities also called on the EU to submit aid promised to Morocco “seven months ago,” referring to the 140 million euros. According to El Pias the allocation was not “transferred in full.”Spain and Morocco have been facing considerable pressure on both sides due to the flow of irregular migrants. The pressure urged Spain to repeatedly call on the European Union to help the North African country in the Mediterranean. The issue also reinforced cooperation between Morocco and Spain.The Moroccan government announced that security services have thwarted more than 30,000 irregular migration attempts in 2019, compared to 88,761 of prevented attempts in 2018.Spokesperson of the Government Mustapha El Khalfi said on Thursday that the decrease in the number of irregular migration attempts reflects the “great” effort of Morocco’s law enforcement forces against the issue of undocumented migration and the trafficking networks active in this area.
“For Cambodians to engage in open and serious political debate, the opposition must be allowed to exist and to function without fear or intimidation,” said Rhona Smith, the Special Rapporteur on the human rights situation in Cambodia, stressing that “democracy is about voice and choice. These moves risk leaving many Cambodians without either.” The Cambodia National Rescue Party (CNRP) is the only opposition party represented in the National Assembly. To strip its seats of the parliament would affect Cambodians’ voice and choice at all levels of Government, said Ms. Smith. She not only raised serious concerns about the representativeness of government, but was also worried that the Government’s moves were “under the guise” of rule of law. The CNRP’s leader, Kem Sokha, remains in pre-trial detention on conspiracy charges, while half of the party members in parliament have left the country. The human rights expert said these actions against the CNRP have created additional grounds for dissolving the party, and some of which are “broad and vague.” “Modern Cambodia was established as a multi-party liberal democracy, respectful and protective of human rights. Its Constitution sought to prevent a return to a single-party state,” said Ms. Smith, adding that “those who drafted the Constitution were all too well aware of the consequences of one-party rule.”
HARTFORD, Conn. — Napheesa Collier scored 24 points and grabbed 10 rebounds as No. 2 UConn passed its first test of the season against a ranked opponent by routing No. 16 DePaul 99-63 on Wednesday night.Katie Lou Samuelson added 23 points for the Huskies (6-0), who have a showdown Sunday at top-ranked Notre Dame.Any questions about whether UConn would overlook the Blue Demons were answered in the opening 10 minutes.The Huskies scored the final 16 points of the first quarter to stretch a 16-15 lead to 32-15. They extended that run to 24-0 led by Samuelson, who hit her first four 3-point shots and finished 5 of 6 from behind the arc.A fast-break layup from Crystal Dangerfield gave the Huskies their first 30-point lead at 52-22 and UConn went into halftime up 54-25.The Huskies shot 61 per cent from the floor. Freshman Christyn Williams scored 15 points, Megan Walker had 13 and Dangerfield chipped in with 12 points and seven assists for the Huskies, who shot 61 per cent from the floor.Ashton Millender had 15 points for DePaul (4-3), whose losses have all come against top-25 teams.The Blue Demons have now lost 16 straight to the Huskies since their lone win in the series back in 1983.BIG PICTUREDePaul: The Blue Demons, who came in averaging 86 points a game, shot just 33 per cent from the floor and were 12 of 44 from 3-point range, including just 5 of 27 in the first half, when the game was decided.UConn: The Huskies regular-season winning streak is now 121 games. The Huskies also won their 81st straight home game, and their 53rd straight regular-season non-conference game.UP NEXTDePaul: The Blue Demons play their second straight game against an American Athletic Conference opponent when they host Temple on Monday.UConn: The Huskies head to South Bend for the 1 vs 2 matchup Sunday with top-ranked Notre Dame.Pat Eaton-Robb, The Associated Press
It took the Ohio State field hockey team seven games to score nine goals. Against Kent State, the Buckeyes almost matched their season total for goals. OSU (5-3) beat Kent State (4-6) on Wednesday, 8-2, at Buckeye Varsity Field. After back-to-back road wins at Ohio University and Bucknell, OSU returned home and extended its win streak to three games. Senior forward Danica Deckard helped lead OSU to the win, tallying a hat trick and an assist. Deckard now has eight of the team’s 17 goals this season. By game’s end, six different OSU players had scored and four had posted an assist. OSU coach Anne Wilkinson said her team now has the look of a “hungry” squad. “I like the way we are playing together, our timing is a lot better,” Wilkinson said. “We’re distributing the ball and off second effort we are able to finish our opportunities.” Deckard agreed. “We were just really connecting passes and making stuff happen. So, it was really good to get a game like this where we made each other look good,” Deckard said. Kent State struck first 10 minutes into the game and held onto the lead until the 23rd minute when Deckard scored two unassisted goals in less than three minutes to give the Buckeyes their first lead. OSU wouldn’t look back. A goal from senior forward Berta Queralt, assisted by junior back Nora Murer, brought the score to 3-1 with five minutes left in the first half. OSU struck first in the second half with the first career goal from sophomore midfielder Mona Frommhold and an assist from Deckard nine minutes in. The Golden Flashes countered with a goal of their own less than a minute later making the score 4-2. After giving up a second goal, junior goalkeeper Emma Voelker turned away three shots and OSU held Kent State scoreless in the last 25 minutes of the match. “Emma played great, Emma made some great touches on it,” Wilkinson said. “All the support players in that corner defense played really smart, really proud of them.” OSU continued to pull away from the Golden Flashes with consecutive goals from veteran players in the span of almost five minutes. First, it was junior midfielder Paula Pastor-Pitarque who won possession of the ball in front the net and put it past the goalie for her second goal of the season. Next, Deckard completed the hat trick with a goal off an assist from sophomore forward/midfielder Carly Mackessy. The Buckeyes kept the pedal to the metal despite their 6-2 lead and scored two more goals in the last five minutes of the game. OSU’s seventh tally came from freshman forward Peanut Johnson with an assist from fellow freshman forward/midfielder Annie VonderBrink. It was Johnson’s first career goal and VonderBrink’s first career point. “It was exciting because I’ve been working hard but it was a complete team effort,” Johnson said about her first goal. The scoring barrage ended with a second goal from Frommhold with 3:17 left in the game. The Buckeyes will continue their home stand and start Big Ten play Friday versus No. 10 Northwestern. “It’s going to be a great game, like every team in the Big Ten you can’t take any of them lightly,” Johnson said. “It’s going to be a really tough, we just have to fight for all 70 minutes.”
The man was bound for DubaiCredit:Bloomberg Witnesses say he initially denied having smoked a cigarette, later insisting he had “forgotten he was on a plane” and the he would “have a chat with the captain to apologise”.A spokesman for the airline said: “Emirates can confirm that on flight EK020 from Manchester to Dubai on 9 December, an intoxicated passenger had to be restrained by cabin crew.”The aircraft was met by security upon landing at Dubai airport. The safety of our passengers and crew is of utmost importance and will not be compromised.” “He was basically hammered. Lairy, chatting up a woman across from him. He had a very loud Manchester accent.“He was at the bar for ages and then at one point I came back from the toilet and he was in his seat with his shirt off. Who does that on a flight?“Then there was smoke in the cabin after the captain announced we were landing.“I imagine this guy is still stuck in the Middle East, I imagine he will have been banned by Emirates and I doubt another carrier would take him.”After the plane landed at Dubai the man was surrounded by five crew members. A British man aboard an Emirates flight from Manchester to Dubai was restrained by airline staff last week after lighting a cigarette while intoxicated.A witness told the Manchester Evening News that the man, in his early fifties, had been drank steadily in the hours between take-off and the incident on December 9.“This guy was a drunken buffoon,” the witness said. “Everybody was disgusted.“I fly 150,000 miles a year and have never seen anyone light up on a plane.“This has really hacked me off. These kinds of people need restricting from travelling with the general public because they are a nuisance. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.
Aecon Group has been awarded approximately $100 million in key mining contracts, to be booked in the second quarter of 2014. It has been awarded a contract by K+S Potash Canada for work on the Legacy mining project in Saskatchewan for early cavern development. This involves mechanical, electrical, piping and instrumentation work. This work is expected to be complete in the last quarter of 2014.Additionally, Aecon was awarded a contract by Lafarge Canada for the erection of a preheater tower, rotary kiln and cooler equipment for the Exshaw Expansion project in Alberta. The project involves structural, mechanical and civil work. Work will begin this month, with expected completion in the first quarter of 2015.“We are very pleased to be awarded these significant mining projects,” said Teri McKibbon, Aecon’s President & CEO. “Aecon’s diverse service offering, which includes heavy civil and mechanical expertise, is ideally suited for these projects.”
Here is the explanation of the Voting process for the World’s Best Coach in Men’s Handball 2013. Handball-Planet.com made the Jury consisted of the handball specialized journalists from 11 countries (Germany, Spain, France, Serbia, Ireland, Argentina, Hungary, Poland, Denmark, Slovenia and Macedonia) and the last member were fans. All the Jury members gave the three names per position with 3, 2 and 1 point, while the fans’ opinion was calculated different with 10,7,5, 3 and 1 point.World Best Coach 2012 in Men’s Handball? ← Previous Story Gislason’s year 2013! Next Story → Hassan Moustafa to open WWCH 2013! Alfred Gislason (43%, 4,588 Votes)Bogdan Wenta (39%, 4,064 Votes)Ulrik Wilbek (10%, 1,053 Votes)Martin Schwalb (4%, 458 Votes)Valero Rivera (4%, 392 Votes)Total Voters: 10,555The number of votes is almost doubled in comparation with the last year.Jury members:Bjorn Pazen (Germany, Handball-Woche) Bence Martha (Hungary, hatosfal.hu, Digisport) Wojciech Osinski (Poland, przegladsportowy.pl) Rici Gjamovski (Macedonia, MKD Sport) Lojze Grcman (Slovenia, SIOL) Tom O Brannagain (Ireland, EHF TV) Patrick Andersen (Denmark, hbold.dk) Jorge Dargel Amigo (Spain, Marca) Gaston Rudich (Argentina, superhandball.ar) Nicolas Chardon – Handnews.fr TEAM (France) Zika Bogdanovic (Serbia, Balkan-Handball.com)
POLITICIANS IN NORTHERN Ireland are asking for feedback from the public, as a new draft racial equality strategy is drawn up.It follows a series of racially-motivated hate crimes recently.Launching the initiative, First Minister Peter Robinson said Northern Ireland had been changed dramatically over the past decade and had been enhanced by the rich diversity of people who had moved there.“Nobody should be judged on the colour of their skin, their political or religious background or race,” Robinson said.Deputy First Minister Martin McGuinness said he unreservedly condemned the recent hate crimes, and said work was needed to “develop a society where racial equality and diversity is supported, understood and respected”.The issue has been in the news again this week, after a protest was staged outside the home of a Nigerian man who has been living in Belfast for the last four years.Michael Abiona received a council home last week. On Wednesday, he arrived back to his house and saw four women and a man aged in their 50s sitting outside in the street with signs saying ‘local homes for local people’.Earlier this month thousands of people took part in an anti-racism demonstration in Belfast, following what organisers said was a “worrying rise” in racist attacks.The march was organised in the wake of both First Minister Peter Robinson and a pastor apologising for remarks made against Muslims.Robinson landed himself in hot water by saying he would not trust Muslims for spiritual guidance but would trust them to “go down to the shops for me”.He later claimed that his comments had been misinterpreted.The public consultation on the strategy runs until October.Read: Peter Robinson apologises for comments about MuslimsRelated: Thousands march in Belfast against “worrying rise in racist attacks”>
Last month we had the surprise discovery that in China there are fake Apple Stores that look just like the real thing and employ staff who believe they work for Apple. In total 5 such stores were identified in the city of Kunming, and 2 of those were shut down shortly after news of their existence spread across the internet. They weren’t shut down for being unauthorized though, it was a simple case of the owners not having business licenses.5 fake stores serving a small percentage of the billion-strong population of China isn’t too much for Apple to be concerned about, and they were selling official goods so the profits would still be coming in for Apple. But 5 wasn’t the real total number of unauthorized stores as 22 more have now been discovered in the same city.Following news that such stores existed, Apple China’s Shanghai office started complaining about violations of trademarks and unfair competition to the local Kunming authorities. The main complaint came down to using official Apple logos in these stores without permission, a practice that clearly makes them look like official outlets.An investigation was launched on August 2nd, and a further 22 stores were found to be selling either official or counterfeit Apple products under the guise of being an official store.The fact it took an investigation to locate these stores doesn’t bode well for them reappearing elsewhere soon after being closed down. Clearly they can operate mostly unnoticed until someone important complains. This discovery also begs the question: if Kumming had 27 fake stores, how many more are hiding in other major cities around China?Read more at Reuters and MacWorld
Back in June we reported that the USB Implementers Forum and Intel were working on the spec for USB 3.5. That would see data transfer speeds increased to 10Gbps compared to the 5Gbps USB 3.0 currently offers. Less than two months on and the revised spec has been finalized, albeit with the name USB 3.1 rather than 3.5.USB 3.1 (also known as Superspeed+) will remain backwards compatible with existing USB equipment, however, you are going to have to invest in new equipment to take advantage of those 10Gbps transfer speeds. Devices offering support should appear next year once the developer days in August, October, and December have been completed. Taiwan’s ASMedia is expected to be the first company to offer a USB 3.1 host controller early next year.USB 3.1 is being viewed as a stop gap solution on the way to USB 4.0, but one that was required to try and keep pace with Thunderbolt, which offers both 10Gbps and 20Gbps data transfer speeds. USB does hold the advantage though, with so much more support on the market for the standard.For now, know that USB 3.1 kit will be arriving next year and we should learn more about the new standard once the developer days kick off later this month on August 21. Also don’t forget that the USB 3.0 spec is being improved to allow up to 100 watts of power output to be handled, meaning you may be able to ditch a few power leads in the near future.
Ayodhya: A 12-year-old child prodigy from Uttar Pradesh has written 135 books on subjects like religion and biographies of well-known personalities including Chief Minister Yogi Adityanath. Mrigendra Raj said he started writing books at the age of six and his first one was a compilation of poems. He uses the pen name of ï¿½Aaaj Ka Abhimanyu’ and already has four world records to his credit. Also Read – National Herald case: Officer bearers of Congress were cheats, Subramanian Swamy tells court Advertise With Us “I have written books after analyzing 51 characters of the Ramayana. Each of my books runs into 25 to 100 pages. I even received an offer from the World University of Records in London for a doctorate,” he says. His mother who is a teacher in a private school in Sultanpur says that her son developed a keen interest in writing and she encouraged him. His father is an employee in the state’s Sugar Industry and Cane Development Department. About his future, Raj said that he would like to become a writer when he grows up and write a maximum number of books on various subjects and genres.
Prime minister Sheikh Hasina pays tributes to father of the nation Bangabandhu Sheikh Mujibur Rahman marking his 100th birthday on Sunday. Photo: BSSPrime minister Sheikh Hasina on Sunday paid tributes to father of the nation Bangabandhu Sheikh Mujibur Rahman heralding the nationwide programmes on the occasion of the 100th birthday of the great leader, reports BSS.The prime minister paid the homage by placing a wreath at the portrait of Bangabandhu in front of Bangabandhu Memorial Museum at the historic 32 Dhanmondi Road in the capital city this morning.After laying the wreath, she stood in solemn silence for some time as a mark of respect to the memory of father of the nation.Cabinet members, PM’s advisers, parliament members and senior leaders of the ruling Bangladesh Awami League (AL) were also present here.Later, flanked by the central party leaders of the AL, Sheikh Hasina laid another wreath at the portrait of Bangabandhu on behalf of her party as the president of the party.The prime minister’s adviser HT Imam, AL advisory council Members Amir Hossain Amu, Tofail Ahmed and advocate Yusuf Hossain Humayun, presidium members Begum Matia Chowdhury, Abdul Matin Khashru and Abdur Razzaque, acting general secretary Mahbub-ul Alam Hanif, joint secretary Abdur Rahman, organising secretaries AFM Bahauddin Nasim, Enamul Haque Shamim, B M Mozemmel Haque, Khalid Mahmud Chowdhury and Abu Sayeed Al Mahmud Swapan, publicity and publication secretary Hasan Mahmud, information and research secretary advocate Afzal Husain, relief and welfare secretary Sujit Roy Nandi and other leaders of the party were present on the occasion.Later, the leaders of associate bodies of the Awami League and other socio-cultural organisations placed wreaths at the portrait of Bangabandhu.The birthday of Bangabandhu is being observed across the country today as the National Children’s Day.The theme of this year’s birthday of Bangabandhu and National Children’s Day is “Bangabandhu’s birthday, rinse life of the children with colour”.
Delhi is all set to drift into the magical world of written and spoken words through its very own literature festival for the second time. The 2nd Delhi Literature Festival 2014 being organised on 7, 8 and 9 February at Indira Gandhi National Centre for the Arts.M Veerappa Moily, Union Minister for Petroleum, Natural Gas and Environment and Forests and a well acclaimed writer himself will inaugurate the festival that will showcase a vibrant panel of discussions, readings, workshops, talks, presentations, book launches and much more. Also Read – ‘Playing Jojo was emotionally exhausting’This year Delhi Literature Festival will pay a special tribute to Rajendra Yadav, one of the most well-known and reputed writers of Hindi Language. He was most known for pioneering the Nayi Kahani Movement in Hindi Literature. Namvar Singh, a close associate of Rajendra Yadav along with Ajit Kr. Chaudhary and Dr Nirmala Jain will share their personal experiences with the veteran writer who no longer lives between us.With a tinge of international flavor, the festival will witness the presence of Brazilian Author Bernardo Carvalho throwing light on Brazilian Contemporary Literature. Also Read – Leslie doing new comedy special with NetflixThe festival will also hold a special exhibition of the works of the Iranian illustrators, graphic artists and calligraphy artists.There will also be a session on Saturday that will look into the world of Persian Publishing, its history and form.Focusing on three major elements – illumination (illustrations), decoration (graphics) and calligraphy (art of writing), these Iranian Artists will throw light on the ‘Art of Book Making’.Keeping with the tradition of promoting independent writers and publishers, DLF’14 will see a dramatic reading by Rehaan Engineer, of yet to be published novel, Mutilator written by Prajna Desai, an art critic and writer. The festival will also hear the tale of the successful literary entrepreneurs as they share their journey with the young aspirants.Other eminent speakers include Mushirul Hasan, Rakhshanda Jalil, Rosalyn D’Mello, Samit Basu, Abhimanyu Sisodia and many more.Saturday will also see a Cultural Performance by Mrigya, a Delhi-based fusion music band. Their music reaches out to a variety of cultures and nationalities for its uniqueness in fusing the Blues, Funk, Folk, Latin, Rock and Jazz with Indian Classical.WHEN: 7-9 FebWHERE: Indira Gandhi National Centre for the Arts
Related posts:Powerful waves to hit Costa Rica’s Caribbean and Pacific beaches over the weekend Big waves cause flooding along Costa Rica’s Central Pacific coast Strong gusts, big waves to continue over the weekend Big waves expected at Costa Rica’s central Pacific beaches this weekend Storms in the southern Pacific are expected to whip up Thursday, causing big waves that will last through Saturday, the University of Costa Rica’s Center for Research in Marine Sciences and Limnology (CIMAR) reported.Waves will have very strong breaks along most of Costa Rica’s Pacific beaches and could generate rip currents and dangerous conditions for swimmers. Wave conditions also pose risks for small boats on beaches, and in estuaries and coastal lagoons, according to CIMAR and the National Emergency Commission.Wave height could reach 2 to 2.5 meters (6.5 to 8 feet). The tallest, strongest waves are expected for Thursday and Friday at Costa Rica’s northern Pacific beaches. They should decrease by Sunday.CIMAR experts warn beachgoers that the storm’s main effect will be extended intervals between waves, expected to last some 19 seconds on average. These long periods will cause strong breaks on beaches and rip tides, especially during high tides expected between 8 to 9 a.m. and 8 to 9 p.m.“We have been recording strong wave breaks in Puerto Caldera, Puntarenas since last weekend and considering that our forecasts predict even stronger conditions next weekend, we can expect higher and more powerful waves with even stronger breaks,” CIMAR reports.Oceanographers will issue an updated report next week. Facebook Comments
Republicans Bash Plan to Restart Contributions to Housing Funds U.S. Representative Ed Royce (R-California), a senior member of the House Financial Services Committee, has issued a statement calling the Federal Housing Finance Agency (FHFA)’s announcement that the Agency will divert GSE money to the Housing Trust Fund and Capital Magnet Fund “outrageous.”FHFA made the announcement on Thursday directing Fannie Mae and Freddie Mac to begin allocating money to the Housing Trust Fund and Capital Magnet Fund pursuant to the Housing and Economic Recovery Act of 2008 (HERA). Under authorization from the HERA, FHFA notified the two GSEs on November 13, 2008, that these allocations were temporarily suspended. On Thursday, FHFA wrote letters to both Fannie Mae and Freddie Mac informing the GSEs that the temporary suspension of these allocations had been lifted.Fannie Mae and Freddie Mac have been under conservatorship of FHFA since September 2008 “to preserve and conserve their assets and property and restore them to a sound financial condition so they can continue to fulfill their statutory mission of promoting liquidity and efficiency in the nation’s housing finance markets,” according to FHFA’s website. The two GSEs received a combined $188 billion in bailout money from the government in 2008, but have since returned to profitability.”Contrary to what Fannie and Freddie apologists claim, the GSEs have yet to repay any of the taxpayer-funded bailout funds they received, which makes today’s announcement by the FHFA outrageous,” Royce said in his statement on Friday. “Money coming in from the GSEs should go to the taxpayers instead of a slush fund for ideological housing groups to play around with.”Representative Randy Neugebauer (R-Texas), Chairman of the House Financial Services Subcommittee on Housing and Insurance, expressed sentiments similar to those of Royce regarding FHFA’s announcement.”I am outraged by Director Watt’s decision to fund the Housing Trust Fund at a time when taxpayers remain on the hook for the operations of Fannie and Freddie,” Neugebauer said in a prepared statement. “To add insult to injury, today’s decision comes at the eleventh hour just before Congress finishes its legislative work for the 113th Congress. The timing could not be more suspect.””Recent history should serve as a reminder that failed government housing policy can have catastrophic consequences for hardworking American taxpayers and the overall health of our economy. This is déjà vu all over again. Director Watt may have forgotten the path of destruction left by the GSEs, but the American people have not. $16 trillion in wealth destruction which shattered dreams of early retirement for millions, countless boom and bust cycles that have wreaked havoc on the emotions of families across the country, and nearly $200 billion of taxpayer funded bailouts that plunged the nation further into debt. I look forward to working with my colleagues on the House Financial Services Committee to hold the Agency accountable and conduct further oversight.”Royce and Representative Jeb Hensarling (R-Texas), Chairman of the House Financial Services Committee, wrote a letter to FHFA Director Mel Watt back in April urging FHFA to continue suspension of the allocation of funds to the Housing Trust Fund and Capital Magnet Fund. During consideration of the FY 2015 Transportation, Housing, and Urban Development Appropriations, the House unanimously adopted an amendment authorized by Royce to prevent the GSEs from allocating money to those two funds.While Royce, Hensarling, and others such as Bob Corker (R-Tennessee) were critical of FHFA’s policy change regarding the allocation of GSE money, others such as Representative Maxine Waters (D-California), who is a ranking member of the House Financial Services Committee, and Tim Johnson (D-South Dakota), Chairman of the Senate Banking Committee, offered praise. HUD Secretary Julian Castro issued the following statement on Thursday in response to FHFA’s announcement of the allocation of the funds:”Affordable housing is about opportunity. That’s why today represents important progress for the American people. The Federal Housing Finance Agency’s decision to release resources for the Housing Trust Fund will help people across the nation secure a decent place to call home. This effort will assist individuals from all backgrounds—including low-income families and those experiencing homelessness—in building better lives. HUD will soon issue regulations to implement the Housing Trust Fund. We look forward to working with partners from throughout the nation to expand the circle of opportunity for current and future generations of Americans.”FHFA also announced it sent an Interim Final Rule to the Federal Register that “implements a statutory prohibition against the Enterprises passing the cost of such allocations (to the Housing Trust Fund and Capital Magnet Fund) through to the originators of loans they purchase or securitize.” The rule has a 30-day comment period and will go into effect immediately upon publication in the Federal Register.Several investors have sued the federal government in the last year and a half over distribution of GSE profits, which have all been swept into the U.S. Department of Treasury since 2012. Those who brought the lawsuits, notably Pershing Square Capital Management CEO William A. Ackman, claimed that the sweeping of GSE profits into Treasury equates to taking private property for public use without “just compensation,” a practice forbidden by the Fifth Amendment of the U.S. Constitution, and creates a “windfall” for the government while shortchanging GSE shareholders. Lawsuits filed by Fairholme Funds and Perry Capital were dismissed by judges in September, and Ackman voluntarily dropped one of two suits he filed. His other suit is still pending. FHFA House Financial Services Committee Politics 2014-12-15 Seth Welborn December 15, 2014 470 Views Share in Daily Dose, Government, Headlines, News
Osinbajo and Buhari will be kicked out. and people stopped going to the theater. Who was the first person you arrested? a supplementary agreement to the broader United Nations Convention on Biological Diversity (CBD).
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she said. an area known for having the worst air in the nation due to dust, Along with helping to control the absorption of fruit sugars. “Were at the peak of it now, and culture. and some people stormed our market yesterday to mark all the shops. You should vote Republican if you approve of the right wing violence and lies. If Mumbai win against both Delhi and Chennai then they would end up with? a professor in public health law at Northeastern University in Boston. Gabriel Suswam (Benue).
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