“Water is the elixir of life” is easier said than appreciated even on World Water Day on March 22. People don’t value water as much as they do other commodities. If people had valued water like any other commodity, they would have treated it with respect, concern, commitment, feeling, emotion,Read More →
For decades, scientists have tried to justify the preservation of nature by placing a price on it. But until recently, it was difficult to assign an economic value to ecosystem services. Now, a research team has used a newly perfected tool to understand the benefits of conserving large numbers ofRead More →
BIG NECK, NY, November 2, 2020 / PRNewswire / – CEO of Sharestates, Allen Shayanfekr, today announced that Sharestates, a leading diversified fintech company, has hired Stephane Leccese as director of strategy and growth. In this role, Stephan will lead efforts to identify, incubate and accelerate strategic initiatives on behalfRead More →
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Getty As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. More recently, the Congress pass a massive stimulus package that was promulgated by the president. The stimulus bill (also known as the Coronavirus Aid, Relief, and Economic Security Act,Read More →
Federal assistance for small businesses ran out last week, leaving many business owners who have spent the past two weeks navigating a Byzantine application process without any guarantees of assistance. Under last month’s Cares Act, Congress allocated $ 349 billion to the paycheck protection program and an additional $ 10Read More →
The mystery surrounded the disappearance of Caroline Wanjiku last Friday. After leaving her son at school, she went to Stima Sacco in Ngara. When she failed to return home to spend time with her children at the end of the day, as she usually does, her family became concerned. TalkRead More →
Ten police teams have been formed to investigate the kidnapping and murder of a 26-year-old Navy member who was found with severe burns in the Palghar district and died while being transferred to a Mumbai hospital, an official said on Sunday. Navy sailor Suraj Kumar Dubey, from Jharkhand, was kidnappedRead More →
A bipartisan congressional bill introduced last month that would benefit struggling CMBS borrowers through a new loan facility backed by the Treasury went to the House Financial Services Committee for consideration. But the transition could be an uphill battle, based on a negative reaction to the measure. Even an influentialRead More →
Eric Trump, the son of President Donald Trump, speaks at a campaign rally for his father, Tuesday, September 17, 2020, in Saco, Maine. AP Photo / Robert F. Bukaty Fight disinformation. Get a daily rundown of the facts that matter. Subscribe to free Mother Jones bulletin. Eric Trump has saidRead More →
Fight disinformation. Get a daily rundown of the facts that matter. Subscribe to free Mother Jones bulletin. On Thursday evening, President-elect Joe Biden outlined the first part of his administration’s two-step plan to contain the coronavirus and revive the struggling US economy. A key focus of his proposal is toRead More →
Manchester United have released their financial results for the second quarter of the season. These results capture the club’s financial position from December to March. The club are expected to have lost more than £ 100million in this timeframe, leading them to borrow £ 60million to protect their finances duringRead More →
Credit card issuers initially sanction lower credit limits on new card applicants. They are offered higher credit limits later, as card issuers are assured of their repayment behavior and revenue growth. However, by accepting such higher credit limit offers, there may be a fear of falling into a debt trapRead More →
A home loan is an offer that many rely on to take this crucial first step in becoming homeowners. This provision is a smart option because it usually gives you a large loan amount for a long term at a profitable interest rate. You can thus facilitate a major purchaseRead More →
The Bank of India (BoI) received covid-19 debt overhaul requests from 50,000 borrowers for loans totaling ??6,100 crore, chief executive AK Das said, lower than the state bank had originally forecast. “When we identified the eligible accounts, there were approximately 300,000 eligible accounts involving ??23,000 crores. In addition, from ??6,100Read More →
The Ministry of Finance’s Expenditure Department has received requests from Andhra Pradesh, Goa, Manipur and Nagaland for special financial envelopes, State Minister of Finance Anurag Singh Thakur said in a written response. Credit and finance for MSMEs: The average MSME loan ticket size decreased among existing and new borrowers duringRead More →
ohn March 3, we published an updated research report on Huntington Bancshares Incorporated HBAN. The company continues to benefit from organic and inorganic growth strategies, increasing loan and deposit balances, while squeezing margins due to a low interest rate environment and lack of diversification of the loan portfolio remains aRead More →
Apr 25, 2020 Editor’s Note: The Economist makes some of its most significant coverage of the covid-19 pandemic available to readers of The economist today, our daily newsletter. To receive it, subscribe here. For our coronavirus tracker and more coverage, check out our hub VSOVID-19 CONFRONTS humanity with a hostRead More →
As several countries have rolled out coronavirus vaccines, World Health Organization (WHO) Director General Tedros Adhanom Ghebreyesus questioned the fairness of vaccine distribution and said the world was on the verge of “catastrophic moral failure”. Speaking at the WHO virtual board meeting, Tedros said: “I have to be frank: theRead More →
Wells College, Aurora NY. Google earth According to Moody’s Investors Service, canceling student loan debt would give the economy a slight blow, but could cause “moral hazard” and possibly make the problem worse. Some Democratic presidential candidates, including Sens. Bernie sanders and Elizabeth warren, have proposed debt cancellation which hasRead More →
COLUMBUS (WCMH) – Some dogs have returned to Playful Pets dog daycare in Franklinton, who is still reeling from the coronavirus. Playful Pets owner Steve Faulkner said when the Ohio stay-at-home order went into effect his business went into survival mode. Faulkner thanks the Federal Paycheck Protection Program for helpingRead More →
Outlook 04 January 2021 16:01 IST Assam’s MFI bill linked to poll and congressional loan exemption promise ‘moral hazard’: report OutlookIndia.com 1970-01-01T05: 30: 00 + 0530 Mumbai, January 4 (PTI) The passage of a bill to control the microfinance sector and the Congress party’s loan exemption promise if elected toRead More →
“He has a moral responsibility to align his corporate bond purchasing program with the goals of the Paris Agreement,” said Philip Dunne, Conservative MP and committee chair. “We are at a critical point not only to mitigate the effects of climate change, but to save large swathes of the economyRead More →
There is an ongoing debate about a possible exemption from interest payments for the six-month moratorium period granted by the RBI. While a waiver can provide immediate short-term relief to borrowers, if history teaches us anything, waivers come with far-reaching, long-term concerns. First, who should be entitled to receive theRead More →