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Daar Communications Plc (DAARCO.ng) 2014 Annual Report

first_imgDaar Communications Plc (DAARCO.ng) listed on the Nigerian Stock Exchange under the Communications sector has released it’s 2014 annual report.For more information about Daar Communications Plc (DAARCO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Daar Communications Plc (DAARCO.ng) company page on AfricanFinancials.Document: Daar Communications Plc (DAARCO.ng)  2014 annual report.Company ProfileDaar Communications Plc is a broadcasting company in Nigeria that develops, produces and markets television and radio entertainment and news programmes for markets in Africa and the United Kingdom. Television news and entertainment networks in its company portfolio include AIT Television, AIT International and AIT Sport as well as DAARSAT, a Pay-TV service on a digital streaming platform. The company’s radio station is Raypower 100.5Fm which promotes socio-political, economic and cultural issues. Daar Communications Plc has its own television production operation in Nigeria. The company was established in 1988 and is a subsidiary of DAAR Investment Limited. Its company head office is in Abuja, Nigeria. Daar Communications Plc is listed on the Nigerian Stock Exchangelast_img read more

Forget the market crash. I’d buy this FTSE 100 stock for retirement

first_img Enter Your Email Address Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. See all posts by Paul Summers Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Paul Summers has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares The idea that those approaching retirement should automatically sell whatever stocks they own is not one the Fool UK team agrees with. Sure, it makes sense to have more exposure to less volatile assets. But this shouldn’t mean great, dependable shares should be automatically jettisoned.Despite today’s trading update not being received well by a market still reeling from last month’s crash, I think consumer goods giant Unilever (LSE: ULVR) is a great example.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Shift in demandUnderlying sales growth was flat as a pancake in the three months to the end of March. However, turnover did increase 2% to €12.4bn. Broken down, revenue from developed markets rose 2.8%. But sales in emerging markets fell 1.8%. This makes sense considering the trajectory of the coronavirus. As countries like China went into lockdown, those in the West were busy stockpiling.Encouragingly, the company’s factories remain open. Therefore, its ability to supply to retailers appears to be unaffected. New capacity has also been opened up for those products consumers are specifically demanding. Namely, food (savoury and dressings) and hygiene (surface cleaners and bleach). Despite adapting, Unilever said uncertainty surrounding the pandemic made it hard to gauge the full impact on trading. It would, therefore, be withdrawing its previous guidance on growth and margin for 2020. The company will also be reviewing its cash usage and costs.None of this should come as any surprise. That said, shares in Unilever were down 5% or so this morning, suggesting many investors are distinctly unimpressed.Things could certainly get worse before they get better (particularly when Q2 numbers are released). However, I already see this as an opportunity for those thinking about which stocks to hold approaching/in retirement.Buying opportunityJudging a company based on just a few months of trading isn’t a good idea. It makes even less sense when the world encounters something like the coronavirus. As such, anyone concerned over today’s figures should take a look at Unilever’s long-term performance. In 20 years, the shares are up 350%. By contrast, the FTSE 100 is down almost 8%. Unilever was trading on less than 19 times earnings before markets opened. This is below its average P/E over the last five years of 21. That might not seem a big difference, but it’s important to highlight that this stock rarely goes on sale. Now might be a good time to begin loading up.Dividend heldIt’s also worth reflecting on the dividend. It’s hardly the biggest payer in the FTSE 100, but the fact Unilever held its quarterly dividend at €0.4104 per share (36p) today reflects confidence in its financial position. Remember many index peers have needed to withdraw dividends to shore up their creaking balance sheets. Assuming it returns the same amount for the other three quarters, this leaves the shares yielding 3.6% for FY20. Cash returns can never be guaranteed, but Unilever’s look more secure than most. One for retirementNo one knows which way markets will head next. That said, the strategy of buying established and resilient businesses that generate consistently high returns on capital remains sound. To me, Unilever is a great example. It won’t set portfolios on fire. But it’s not supposed to. For those looking for gradual capital appreciators, I think it continues to tick the box. Paul Summers | Thursday, 23rd April, 2020 | More on: ULVR Forget the market crash. I’d buy this FTSE 100 stock for retirementlast_img read more

Yes, gold prices will shine again. The best UK mining shares I’d buy now

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 5 Stocks For Trying To Build Wealth After 50 Image source: Getty Images. Gold prices plunged yesterday. But I think this correction won’t last for long. Here are the best UK mining shares I’d buy now.Yesterday was a classical risk-on session. Shares of car makers, banks and oil companies surged substantially. But the shiny yellow metal dropped below $2,000 per ounce. The question is whether this situation will last for a long time.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Gold prices will rise, I thinkI don’t think investors will have a risk-on mood forever. First, the Covid-19 crisis isn’t over. The first vaccine was registered yesterday, but that doesn’t mean it is effective. What’s more, it doesn’t mean it will be immediately available to everyone. We also shouldn’t forget that it will probably take the global economy ages to recover from the consequences of the coronavirus lockdown. Think of high unemployment and rising corporate bankruptcies. I totally agree with my colleague Paul Summers, that the Fed and other central banks will have to pump plenty of liquidity in the financial system. This is an extremely bullish factor for gold prices. Finally, don’t forget the geopolitical uncertainty. The risks of a ‘no-deal’ Brexit are still here. The US elections and US-China tensions might also lead to stock market volatility. So, investors will most probably rush to buy safe havens. As we all understand, this will push gold prices higher. Best UK mining sharesPerfect. You might be wondering how to play this potential gold rush. The safest way, it seems, is buying physical gold. It is normally available as gold bars and coins. But physical gold has two serious drawbacks. First, the storage costs are normally high. Secondly, gold won’t pay you any dividends or interest.I think buying UK mining shares is the most profitable way of playing surging gold prices. The mining companies’ shares will appreciate together with the shiny metal. What’s more, many companies also pay dividends. Sure, it might seem riskier. At the same time, if you invest in large enough companies with a long operational history, you minimise your risks and maximise your gains.  So, what are the best UK mining shares for investing in gold?One of the largest companies specialising in gold is Polymetal International (LSE:POLY). The company has been steadily growing its revenues and profits since 2016. It has also been paying and raising dividends over this time. Compared to many other gold miners, Polymetal is pretty big. Its sales revenue totaled $2.25bn in 2019. But it’s trading at a premium to its peers with a price-to-earnings (P/E) ratio of around 20. You could also try to play with smaller-cap stocks but I wouldn’t recommend a novice investor to do so. They tend to be riskier although the profit potential is higher. You might also be wondering if large diversified mining companies are better. Indeed, they tend to have less risk. At the same time, they extract many industrial metals such as copper and iron ore. Think of Rio Tinto and Anglo American. These metals are demanded when the global economy is gowing, which isn’t the case now. Such companies might be good for patient investors. But I’d rather stick to large-cap gold miners. Enter Your Email Address If it’s best-in-class shares you’re looking for, we can surely help you. Anna Sokolidou | Wednesday, 12th August, 2020 | More on: POLY Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. See all posts by Anna Sokolidou Click here to claim your free copy of this special investing report now! Yes, gold prices will shine again. The best UK mining shares I’d buy now Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Anna Sokolidou has no position in any of the shares mentioned in this article. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

England hold nerve in sodden Calcutta Cup bout

first_img England hold nerve in sodden Calcutta Cup boutTHE SQUIB may have washed away amid the downpour and gusts in Edinburgh, but despite the horrid conditions brought on by Storm Ciara, the Calcutta Cup will be sent safe and warm to Twickenham. There was only one try to cheer about in the 13-6 win, with Ellis Genge muscling over. Yet on a day when the weather ruined any chance to build sustained momentum, England held their nerve to come away with the result.They have their first Six Nations win this term and Scotland have a second losing bonus point in a fortnight.The Scots have held the relic for the last two seasons thanks to a swashbuckling spirit and a never-say-die attitude that saw them glide to victory in 2018 and secure the most miraculous of draws last year. They stood their ground when they could here and still swung hard, but this game was played with swamp rules – hoist it high and go for the kill when the opposition make any errors.Related: Scotland fans criticised after beer bottle hit England back-room team memberAnd there were plenty of those as the wind swirled and the rain teemed. Aside from the endless stream of kicks, Scotland turned the ball over a staggering 20 times. England lost it seven times. Scotland won 57% of their own lineouts – a sin regardless of the conditions or the increased number of throw-ins (there were 19 for the Scots). Owen Farrell missed three penalties while George Ford at least deserves some praise for having the chutzpah to try an audacious, if ultimately futile, drop-goal attempt.Scotland captain Stuart Hogg will have another sleepless night thinking about the bou that never sat up for him, that he barely touched down over his own line for a 5m scrum – after the ball squirted out, Farrell got a hand on it and thought he got himself a try. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Rough weather made for a disjointed affair in Edinburgh – not that English fans will care Fist raised: Ben Earl celebrates England’s try (Getty Images) center_img No matter. From the resultant scrum, Ben Youngs fed a charging Farrell and then the pack went to work. Genge picked up and his mates helped him power to the vital five-pointer. As the Scottish skipper remarked after the game, he put his team under unnecessary pressure. Genge and his cohorts capitalised minutes later.There were few moments for the Scots to savour. Rory Sutherland’s startling break from halfway, early in the second half, stood out. There were some clattering hits and Hogg also made a nice half break and sent a probing kick deep into touch. It was 3-0 to England at half-time, but after an Adam Hastings penalty it was 3-all with plenty of time left. Neither side ran away with things.It was an unusual game and there were more boots to ball than any union fan would want to watch. With an astronomical error-count, Scotland came off second best.The pressure told in the end and England were pragmatic enough to send kick after kick spinning into the night sky. They came out to the good on the penalty count and they deserved their score. Both sides made hard work of it.We now have a fallow week, with Scotland preparing to face Italy and maybe finally getting a try in this Six Nations tournament. England, maybe, have gotten their chariot out of the mud. It’s Ireland for them next. The March issue of Rugby World magazine – a Six Nations special – is on sale now. Follow Rugby World on Facebook, Instagram and Twitter.last_img read more

Restaurant workers demand justice

first_imgA protest was organized in front of Liberato Restaurant in the Bronx, N.Y., on June 10. Workers employed at the restaurant explained a number of grievances, including not being paid a minimum wage, not getting overtime pay, working in an unsafe environment, sexual harassment by male managers and their tips being misappropriated. Community and political activists have been handing out leaflets on Tuesdays and Thursdays, during lunchtime and dinnertime, explaining the workers’ grievances for the past few weeks. The protest was covered by News One and Channel 12 News in the Bronx. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Bigger bombs don’t end wars

first_imgThis year marks the 75th anniversary of the United States atomic bombing of Japan, the first and only use of nuclear weapons for warfare.On Aug. 6, 1945, the U.S. military dropped the “Little Boy” atomic device from a B-29 called Enola Gay onto the city of Hiroshima. Three days later, a plutonium bomb was detonated over the city of Nagasaki.Hiroshima memorial, Japan.Tens of thousands of people were incinerated instantly. Many more died soon after from their injuries. By the end of 1945, over 250,000 people had died. In the years following the bombings, many more died from radiation-related illnesses.Among the victims were 22,000 Koreans, conscripted as forced laborers by the imperialist Japanese regime during World War II, as well as a number of conscripted Chinese workers.Both cities were targeted because they were among the few Japanese cities that had not already been destroyed by explosive and incendiary bombing raids and would provide a clear test of the weapons.In Hiroshima, over 60 percent of the buildings were destroyed. The bomb was dropped over the city center and the brunt of the impact fell on residential areas, in line with the U.S. policy of bombing Japanese civilian populations. Nagasaki was almost entirely flattened.The United States is the only country ever to use nuclear weapons in war. No official apology has ever been issued, and Washington has never shown remorse for the horrific act of destruction it perpetrated on the Japanese people.Rather than being an unfortunate wartime necessity, as apologists have claimed, the atomic bombings were a show of force to the world, an assertion of U.S. military hegemony in Asia and a warning to the Soviet Union. The bombings demonstrated to the world that the imperialist United States was willing and able to use nuclear weapons against civilian populations, proving a total disregard for human life.For decades, survivors of the bombings, known as “hibakusha” in Japanese, have gathered at the Hiroshima Peace Memorial Park to mourn the horror and tragedy they and so many others endured. This year, however, saw a greatly diminished turnout of hibakusha, in part due to the advancing age of the survivors and in part due to the threat posed by COVID-19. City officials expect this will likely be the last major anniversary of the bombing; the average age of survivors is 83.Japanese anti-war activists have long been key voices in the movement against nuclear weapons and military occupation. The United States maintains over 20 bases in Japan, 70 percent of which are located on the island of Okinawa. The people of Okinawa have been actively opposed to the U.S. military presence since the bases were built.Abe regime backs U.S. military buildup in AsiaThe postwar Japanese Constitution, imposed by the United States, renounced war and military engagement abroad. Since then, however, Japan has built up its military and supported U.S. interventions, such as those in Korea and Vietnam.The right-wing Japanese government, led by Prime Minister Shinzo Abe, has ordered more military spending, ended a ban on arms exports and passed security laws that allow sending troops abroad, despite opposition from the majority of the population. These actions are in line with the U.S. buildup of its military presence in Asia, with the goal of challenging China and the Democratic People’s Republic of Korea.As China’s power and influence grow, the capitalist United States seeks to maintain its imperialist stranglehold on the world and stamp out all opposition. U.S. imperialism requires a strong military that can protect its economic interests across the globe and guarantee steady profits for the capitalist class.In August 2019, the U.S. withdrew from the 1987 Intermediate-Range Nuclear Forces Treaty. In a dangerous push toward nuclear conflict, the Trump administration is bent on igniting a new nuclear arms race. In May of this year, senior Trump officials discussed the possibility of conducting new U.S. nuclear tests. These actions are highly alarming, especially in light of U.S. preparation for major power conflicts with nations that resist U.S. imperialism and domination.All progressive forces must be firmly against war and oppose all imperialist military ventures and expansion. On the anniversary of the worst bombing in the history of the world, anti-war forces must push for the dismantling of the U.S. war machine, especially nuclear disarmament, to ensure that the world never again undergoes the horror of nuclear attack. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Attacks on Mogadishu radio stations leave journalists in untenable situation

first_img Follow the news on Somalia SomaliaAfrica RSF and NUSOJ call for release of a journalist held in Somalia’s Puntland region News SomaliaAfrica to go further News For more information about yesterday’s raids, read this press release by the National Union of Somali Journalists (NUSOJ), the Reporters Without Borders partner in Somalia. According to the transitional government in Mogadishu, they bring to five the number of radio stations that have been attacked or forcibly taken over by Islamist rebels.These raids have yet again highlighted the difficulties and dangers for journalists working in the war zone. They are priority targets while control of their media has become objectives for the various warring parties. Reporters Without Borders urges the international community to consider ways to protect them.The latest evolution in the fighting in Somalia is very disturbing and suggests that Al-Shabaab and Hizb-Al-Islam are bent on putting a stop to the work of all the independent media. In their eyes, an independent press has no right to exist. In their eyes, there is only room for media that support their ideological and religious views.After pressuring the media over their coverage, after a wave of kidnappings of journalists, the insurgents are now attacking radio stations and either confiscating or taking control of their equipment. Radio stations, Somalia’s most developed form of media, are being particularly targeted. The Islamist movements are adopting the strategy of Afghanistan’s Taliban, who have realised that the media are part of the key to winning their war.Such attacks are a complete violation of international law governing actions in wartime. Reporters Without Borders urges the belligerents to spare innocent civilians and journalists, who are particularly exposed.Al-Shabaab and Hizb-Al-Islam are both on the Reporters Without Borders list of “Predators of Press Freedom” . Reporters Without Borders roundly condemns yesterday’s assaults by Islamist militias on two radio stations in Mogadishu. Radio HornAfrik was ransacked and looted by members of Al-Shabaab while Global Broadcasting Corporation (GBC) was taken over by Hizb-Al-Islam, which has decided to use it for broadcasting its own propaganda. September 19, 2010 – Updated on January 20, 2016 Attacks on Mogadishu radio stations leave journalists in untenable situation Receive email alerts RSF_en News Help by sharing this information Organisation News Radio reporter gunned on city street in central Somalia RSF requests urgent adoption of moratorium on arrests of journalists February 24, 2021 Find out more January 8, 2021 Find out more March 2, 2021 Find out morelast_img read more

Fitch: FHLB-Funded mREIT Borrowers are Facing a Key Decision

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago January 19, 2016 1,298 Views Share Save Tagged with: Federal Home Loan Bank Membership Fitch Ratings Mortgage REITs About Author: Brian Honea Sign up for DS News Daily Mortgage real estate investment trusts (mREITS) that currently receive funding from the Federal Home Loan Banks (FHLBanks) will see their funding phased out after five years from the effective date of the FHFA’s final rule for FHLB membership, which was announced on January 12.The new rule cuts off the possibility of FHLBank membership for non-bank financial institutions such as hedge funds, investment banks, and equity REITs, keeping in line with the FHLBanks’ mandate of serving the housing finance market by extending credit to commercial banks, credit unions, and savings/loan institutions.FHLB system’s traditional mandate is to serve the US housing finance market by extending credit to commercial banks, credit unions, and savings/loan institutionsThose mREITs which received captive insurance subsidies from FHLBanks prior to September 2014, when the FHFA originally published the membership rule, will be eligible to receive funding for another five years from the date the rule becomes effective, which will be 30 days after it is published in the Federal Register. With ample time left to find replacement funding, mREITs are faced with a key decision, according to Fitch Ratings: Go with either low-cost, short-term repo funding with a shorter duration and increased liquidity risk, or long-term borrowings that include increased funding costs and affect profitability.“From a credit risk perspective, we would view the latter more favorably because of the benefit to asset-liability duration matching,” Fitch stated.Fitch Ratings believes that an mREIT such as Ladder Capital used the FHLBank system for approximately 42 percent of its funding as of September 30, 2015, will benefit from the five-year phase out provision of FHFA’s final rule. While many REITs have used the FHLBank system for a significant portion of its funding, the total FHLBank advances for the 10 largest mREITS were just 10.6 percent of their overall debt funding. The phasing out of borrowing from the FHLBank system “incrementally weakens the diversification of (mREIT) funding sources,” according to Fitch.The establishment of captive insurance subsidies gave nonbank financial institutions greater access to FHLBank membership starting in 2012, and 2015 saw a significant ramp-up, according to Fitch. At least 23 insurers (out of 7,255 institutions that were members of the FHLBank system, 346 of which were insurance companies) were captive insurance subsidiaries of mREITs, while FHLBank advances increased from 11.6 percent of par value at year-end 2011 up to 15.6 percent of par value by September 30, 2015, according to Fitch. Servicers Navigate the Post-Pandemic World 2 days ago Federal Home Loan Bank Membership Fitch Ratings Mortgage REITs 2016-01-19 Brian Honea Fitch: FHLB-Funded mREIT Borrowers are Facing a Key Decision Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Fitch: FHLB-Funded mREIT Borrowers are Facing a Key Decision Related Articles Previous: Economist: TRID is Not Affecting Housing Market Potential Next: RMBS Settlement Cuts Into Goldman Sachs’ Profits Demand Propels Home Prices Upward 2 days ago  Print This Post Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Habitat for Humanity to Congress: ‘Act Now for Housing’

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Home / Daily Dose / Habitat for Humanity to Congress: ‘Act Now for Housing’ Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago 2020-11-05 Christina Hughes Babb Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago About 30-40 million American homeowners and renters face foreclosure or bankruptcy and loss of housing when protective moratoria expire December 31, studies show. The global nonprofit Habitat for Humanity is demanding that Congress return to Washington, D.C., as soon as possible “to take urgent action on housing stability and investment.”Through its “Cost of Home national advocacy campaign,” Habitat details a set of “immediate priorities,” including mortgage and rental payment assistance, which they say would “stave off a looming eviction and foreclosure crisis,” adding that such an event would disproportionately impact communities of color.”The American people have been through a lot with the pandemic uprooting any semblance of normal life and a divisive election that has left us all exhausted,” said Jonathan Reckford, CEO of Habitat for Humanity International. “But we can’t afford to take a break. Millions of families are facing the very real and very dangerous challenge of a future without adequate housing. While we don’t know yet who won every seat, we do know that our current elected leaders still have a job to do.”We need to come together and focus our energies on a crisis taking place in homes across all of our nation, red and blue, urban and rural. There is no time to waste. It’s time to act now for housing. Policymakers at all levels of government must revive their efforts to both provide immediate housing stability and invest in housing as the foundation to long-term economic and societal recovery. At a time when a safe and decent home has never been more important, millions of American families need action to make the cost of home something we all can afford.”The nonprofit also is asking new and reelected policymakers at all levels of government to treat housing as a “driver of economic recovery” and as infrastructure. Habitat asks legislators to keep as much in mind as they set their 2021 agendas.Congress can do so “by including robust funding to build affordable homes, as well as ensuring equitable access to healthy housing and communities of opportunity,” according to a Habitat press release.Thursday, “525 Habitat for Humanity organizations from all 50 states, Puerto Rico and Washington, D.C., sent letters to leaders of Congress and the Executive Branch calling for immediate action on urgent housing relief,” according to its press release. “Habitat is committed to continuing its housing advocacy through working with elected officials at all levels of government to find and implement policy solutions that will enable access to affordable homes for 10 million people in the U.S. over the course of the 5-year Cost of Home campaign.” in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago About Author: Christina Hughes Babb November 5, 2020 1,211 Views Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Habitat for Humanity to Congress: ‘Act Now for Housing’ The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Previous: Nonprofit Calls on Policymakers to ‘Act Now for Housing’ Next: Meet the New Chair of Fannie Mae’s Board of Directorslast_img read more

‘My Constitutional Right To Fair Trial Will Be Violated If This Court Doesn’t Intervene’: Mehul Choksi Submits Before Delhi HC In Plea Against Netflix’s Big Boy Billionaire

first_imgNews Updates’My Constitutional Right To Fair Trial Will Be Violated If This Court Doesn’t Intervene’: Mehul Choksi Submits Before Delhi HC In Plea Against Netflix’s Big Boy Billionaire Karan Tripathi23 Sep 2020 5:12 AMShare This – xMehul Choksi has submitted before the Delhi High Court that his constitutional right to fair trial will be severely affected if the court doesn’t exercise its writ jurisdiction against Netflix’s docu-series Big Boy Billionaire. While addressing the Division Bench of Chief Justice DN Patel and Justice Prateek Jalan, Choksi submitted that the investigation against him is going on and he…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginMehul Choksi has submitted before the Delhi High Court that his constitutional right to fair trial will be severely affected if the court doesn’t exercise its writ jurisdiction against Netflix’s docu-series Big Boy Billionaire. While addressing the Division Bench of Chief Justice DN Patel and Justice Prateek Jalan, Choksi submitted that the investigation against him is going on and he has agreed to join the same through video-conferencing. Mehul Choksi has moved an appeal against the order passed by the Single Judge on August 28, 2020, whereby his writ petition seeking a preview of Netflix’s Big Boy Billionaire prior to its scheduled release was rejected by the court. While dismissing the plea, the Single Bench of Justice Navin Chawla had noted that the remedy sought by the Petitioner is private in nature which cannot be entertained in a writ filed under Article 226 of the Constitution. The court, however, had given liberty to Choksi to move appropriate forum to seek his remedy. Today, Mr Vijay Aggarwal, who was appearing for Choksi, challenged that order by arguing that the same is a non-speaking order so far as it doesn’t provide reasons for rejecting the writ petitions. Mr Aggarwal further argued that the Single Judge did not consider the submissions made by the Petitioner, thereby showing inadequate appreciation of Petitioner’s contentions. Citing that remedy under Article 21 is available to non-citizens as well, Mr Aggarwal argued that the constitutional court has to step in, regardless of the alternative remedies, when the fundamental rights of a citizen are threatened. While asking the Division Bench to send the matter back to the Single Judge for reconsideration, Mr Aggarwal argued that no civil court can entertain his prayer of seeking a direction to the central government to regulate the content on OTT platforms. ‘I have no remedy under section 69A of the Information Technology Act, that’s why I’m moving the writ’, Mr Aggarwal argued. Opposing the appeal, Senior Advocate Neeraj Kishan Kaul, who was appearing for Netflix, argued that the Appellant has not shown anything to this court to support the claim of maintainability of the petition. ‘He is saying that his right to fair trial will be violated, but he has not shown to the court as to what trial is actually pending against him’, Mr Kaul argued. While claiming that the Sahara v. SEBI case has been unfairly cited by the Petitioner, Mr Kaul argued that when the information is already in the public domain, you cannot seek pre-censorship on the ground that it interferes with your right to fair trial. The court will now take up the matter on September 28. Next Storylast_img read more