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Will loan losses from the coronavirus recession get worse, much worse or extremely worse over the next six-to-12 months? All of the above, bank executives said this week.In reporting third-quarter results, CEOs and finance chiefs at the five biggest US lenders gave a muddled picture of what to expect. Economic conditions improved in recent months thanks to pandemic lockdowns lifting, as well as government assistance and loan forbearance. But it is not clear that stimulus programs will continue or whether the world is headed for a new wave of infections.”The economy and the markets this year have been defined more than anything else by the impact of the global health-care crisis,” Bank of America Corp Chief Executive Brian Moynihan said on Wednesday. “This has created a sinuous path for the recovery.” The US job market improved, consumer spending rose and borrowers continued to use extra cash to pay down debt, helping the overall credit picture. Banks put far less money aside for souring loans in the third quarter than they did earlier this year, and haven’t experienced any meaningful loan losses yet.However, Bank of America, Citigroup Inc, JPMorgan Chase & Co and Wells Fargo & Co executives warned that losses on various types of loans might not really take shape until next year. For instance, credit-card write-offs usually happen after 180 days of delinquency, and those borrowers are still largely current.“We’re still in the midst of a crisis,” said Citigroup Chief Financial Officer Mark Mason. The pandemic has put pressure on Citi’s credit card business, because customers used plastic less and paid down debt.Commercial borrowers facing pandemic-related business pressure are not slacking on payments yet, either. Bank of America expects commercial losses to be “lumpy” next year, depending on what happens to particular companies, Chief Financial Officer Paul Donofrio said. Goldman Sachs Group Inc Chief Executive David Solomon pointed to the restaurant, hospitality and oil and gas industries as particularly vulnerable.“There continues to be enormous uncertainty globally in the trajectory of the virus,” he said.JPMorgan, the largest US bank, has become more optimistic about how the pandemic may affect its loan book, with its “base case” scenario looking better than it did three months ago.The bank is far from certain the trajectory will continue though, with CEO Jamie Dimon saying reserves could be off by US$10 billion to $20 billion if things get a lot better or worse.“The economy has materially improved,” said Wells Fargo CEO Charles Scharf, pointing to all the factors that have helped buoy the economy for now. “However, there’s still a long way to go, and there remains significant risk to the recovery.”Topics :
Education, It’s On Us PA, National Issues, Press Release, Public Safety Harrisburg, PA – Governor Tom Wolf today sent a personal letter to U.S. Secretary of Education Betsy DeVos asking her to do everything in her power to preserve policies currently in place to protect victims of sexual violence and abuse on college campuses. Governor Wolf said he was deeply troubled by the Department’s consideration of revoking guidance issued under the previous administration, guidance which has been an invaluable resource for educators and school leaders in this state and nationwide.“Every day, young people enter school classrooms and attend college with a purpose: pursuing an education that will lay the foundation for a rewarding life,” Governor Wolf said “We have no greater responsibility as public servants and leaders – whether a governor or Secretary of Education – to help the next generation in this worthwhile endeavor.”“But for far too many students, their education is disrupted by acts of sexual harassment and violence. Nearly 20 percent of girls between the ages of 14 and 17 experience sexual assault; more than one in five women and one in 20 men experience sexual violence during their college years.“These statistics are troubling both because of their overwhelming scope, and because each instance represents a young person who has endured the most egregious violation of personal privacy, autonomy, and respect. And for every survivor who bravely comes forward to seek justice, or to protect others from the pain of these experiences, there are countless who stay silent, worried they will not be believed or that more harm will come to them from speaking up.”Governor Wolf implored Secretary DeVos and her colleagues at the department to preserve these policies, which have paved the way for increased transparency, safety, and supports for all students. Randi Teplitz, chairwoman of the Pennsylvania Commission for Women, joined Governor Wolf in denouncing the actions of the federal government.“It is disheartening that in 2017, victims of sexual violence continue to battle stereotypes and rape myths. The reality is that the number of false reports of sexual assault is statistically insignificant,” Teplitz said. “The Pennsylvania Commission for Women is proud to stand with Governor Wolf in supporting and advancing initiatives that will continue to protect victims regardless of any misguided policies that are set forth by our federal government.”Earlier this week, Governor Wolf joined legislators, advocates, and students to announce the upcoming introduction of a package of six bills as part of his “It’s On Us PA” campaign to combat sexual violence in K-12 schools and on college and university campuses.Since the campaign began in January 2016, Governor Wolf and members of his administration have engaged hundreds of students, educators, administrators, advocates, healthcare personnel, researchers, campus safety and law enforcement officials, and policymakers to identify opportunities for improving systems to address and prevent sexual violence in schools and on campuses in Pennsylvania.Read full text of the letter below. You can also view the letter on Scribd and as a PDF.Dear Secretary DeVos:Every day, young people enter school classrooms and attend college with a purpose: pursuing an education that will lay the foundation for a rewarding life. We have no greater responsibility as public servants and leaders – whether a governor or Secretary of Education – to help the next generation in this worthwhile endeavor.But for far too many students, their education is disrupted by acts of sexual harassment and violence. Nearly 20 percent of girls between the ages of 14 and 17 experience sexual assault; more than one in five women and one in 20 men experience sexual violence during their college years. These statistics are troubling both because of their overwhelming scope, and because each instance represents a young person who has endured the most egregious violation of personal privacy, autonomy, and respect. And for every survivor who bravely comes forward to seek justice, or to protect others from the pain of these experiences, there are countless who stay silent, worried they will not be believed or that more harm will come to them from speaking up.These acts of violence, and the fearful quiet that frequently follows, stem from persistent and deeply rooted beliefs and attitudes about gender that restrict and confine people to outdated, harmful notions of masculinity and femininity. In such a culture – where boys are taught not to cry and girls are taught to smile and very few are taught what healthy, meaningful relationships look like – violence too often emerges. And although evidence suggests the rate of false reporting for sexual assault is consistent with other violent crimes (between 2-8 percent), misperceptions that false accusations are commonplace remain a significant hurdle, both for those charged with investigating and responding to reports and to those seeking to make them.Title IX makes clear that all students have a right to equal access to a full education – in the classroom, on the field, and anywhere the pursuit of learning takes place. Under this civil rights law, schools have an obligation to effectively prevent and address gender-based discrimination, harassment, and violence.As governor of Pennsylvania – and as the father of two incredible daughters – it is a charge I take especially seriously. In January 2016, I launched the It’s On Us PA, a statewide campaign to raise awareness of sexual assault in K-12 schools and on college campuses.Over the past year and a half, my administration has listened to and partnered with professionals who are on the front lines of this work – advocates, educators, administrators, law enforcement and campus safety officials, Title IX coordinators – to identify prevention and response efforts that help break down the formal and informal barriers that so many survivors face. I’m proud that 36 colleges and universities in Pennsylvania have invested nearly $1 million in evidence-based programs that create better systems and standards for sexual assault reporting and response.We’ve also heard from students and survivors, who have shared not only their stories of burden but also of hope – hope that the adults charged with their education and care have the courage to create change and to create environments where all students can come forward and access the rights, resources, and supports they deserve, and that Title IX guarantees.The Campus SaVE Act, led by our senior Senator Bob Casey, was an important update to the Cleary Act by requiring more transparency around campus sexual assault. Based on the actions taken this week by the Trump administration, congress needs to revisit this issue and strengthen our laws to ensure victims are not revictimized during investigations. Until that happens, I strongly encourage all colleges and universities within the commonwealth to continue using the standards set out in this 2011 policy.The protections and policies advanced by the U.S. Department of Education over the past six years represent important progress in meeting that challenge. I am deeply troubled by the Department’s consideration of revoking guidance issued under the previous administration, guidance which has been an invaluable resource for educators and school leaders in this state and nationwide. I implore you and your colleagues at the Department to preserve these policies, which have paved the way for increased transparency, safety, and supports for all students.Sincerely,Governor Tom WolfLetter to Secretary Besty DeVos to Preserve Federal Victim Protection Policies by Governor Tom Wolf on Scribd Governor Wolf Asks Secretary DeVos to Preserve Federal Victim Protection Policies September 08, 2017 SHARE Email Facebook Twitter
19 Bernard St, BrightonAmy and Nathan Van de Belt have made the decision to downsize from their Brighton cottage after living there for just over two years.Mr Van de Belt, a state facilities manager and former chef, designed his ideal kitchen at 19 Bernard St. 19 Bernard St, Brighton.“This included a dining room as there was not one before, a media/family room, a parents’ retreat with an ensuite and walk-in robe, and a covered deck.” A new kitchen was designed and installed, and the laundry and main bathroom were upgraded.With sunset views from the back deck, the couple said the home would suit another family.Raine & Horne – Chermside selling agent Zac McHardy said one of the best features of the home was being able to cook while still seeing the kids play in the back yard. Mr Hardy said the area was very community focused. 19 Bernard St, Brighton.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019There is a servery that joins the kitchen to the dining room, allowing hosts to prepare while interacting with guests. The doors on the deck open up to make one big space for entertaining. Mrs Van de Belt, the owner of Voodoo Yoga at Sandgate, said major renovations had been done to the home. “We built a two-car carport at the front with terracotta roof tiles to match the house,” she said.“We wanted to ensure that we kept the streetscape of the 1955 cottage. We built an extension out the back, doubling the size of the house. 19 Bernard St, Brighton.The kitchen, perfect for dinner parties and degustation dinners, also suited Mrs Van de Belt, who could keep an eye on her children playing in the backyard while she was in the kitchen. 19 Bernard St, Brighton.“We find that people who don’t know much about Brighton and Sandgate are blown away with what it has to offer and the feeling they get when they do come down,” he said.
NewsHub 14 November 2019Family First Comment: This study is our warning – public health worsens – by how much we don’t know – so given that we don’t know, why even put the question to Kiwis in a referendum? Why are we even contemplating this change? Stick your “OK boomer” phrase Chloe Swarbrick and start to digest the inconvenient truth – your support for a law change is misguided and irresponsible – your position might even steal someone’s childhood. It’s time to accept the facts and step outside your echo chamber of yes men and sycophants.#saynopetodopeOPINION: It’s official. Legalising weed means more people smoke it, more often and addiction rates go up, starting with kids as young as 12.Be careful what we wish for folks, this is our future staring at us in the face if we are not careful.One of the world’s most respected cannabis researchers has compared half a million people by looking at what happens when an American state legalises weed for recreational use compared to states that don’t.And at every age level in every cohort, every race, creed or LGBT plus any ABCDEFG I’ve left off – where the green herb got the green light – they all got lit alright.Dependency increased, and of real concern 12-17 year olds had the worst results of all the different age groups surveyed.There are more addictions and more people smoking it more frequently – especially men in their 20s.So overall, there are more health issues as a result.READ MORE: https://www.newshub.co.nz/home/new-zealand/2019/11/duncan-garner-legalising-weed-could-cause-teen-addiction-to-skyrocket.html
Teams are now playing Spring Training Games. Most experts believe that many of the same teams that played in those final series last year leading up to the World Series Championship (won by the Royals) will be back fighting for the top again. After all, some of the most prolific home run hitters are still on those teams.Here is an example of what they did during the playoffs last year.1. Kyle Schwarber of the Cubs hit 2 home runs. One was 440 feet and one was 460 feet.2. Anthony Rizzo, also of the Cubs, hit one 434 feet.3. Edwin Encarnacion of the Blue Jays hit one 436 feet.4. Two Royals, Kendrys Morales had one at 443 feet and teammate Eric Hosmer hit one 453 feet.All of these homers left the park in excess of 100 mph. Who says only pitchers can make the ball go 100 mph?
Pictured Left to Right: ISDH Local Health Department Outreach Division Director- David Hopper, Indiana State Health Commissioner- Dr. Kristina Box, Holley Rose- Ripley County Health Department Administrator, Dr. David J. Welsh- Ripley County Health Officer.Versailles, In. — Recently the Indiana State Health commissioner, Dr. Kristina Box visited the Ripley County Health Department along with Indiana State Department Health’s Local Health Department Outreach Division Director, David Hopper.The visit is part of Dr. Box’s plan to visit all 93 Local Health Departments in Indiana.Ripley County Health Department staff was honored to have one-on-one time with the State Health Commissioner to discuss Public Health issues and successes in Indiana.
February 14, 2020 .TERRIFIC TAYLOR: Taylor has connected on 34.1 percent of the 167 3-pointers he’s attempted and has made 9 of 36 over his last five games. He’s also converted 72.7 percent of his foul shots this season.UNDEFEATED WHEN: The Bulldogs are 12-0 when they shoot at least 66.7 percent from the foul line and 6-7 when they fall shy of that mark. The Owls are 7-0 when at least four of their players score in double-figures and 7-12 on the year otherwise.STREAK STATS: Florida Atlantic has dropped its last five road games, scoring 59.4 points and allowing 70.6 points during those contests. Louisiana Tech has won its last three home games, scoring an average of 69.3 points while giving up 63.TECH’S TOUGH DEFENSE: Louisiana Tech has held opposing teams to 62.4 points per game, the lowest figure among all CUSA teams.___ Bracey, La. Tech host FAU Share This StoryFacebookTwitteremailPrintLinkedinRedditFlorida Atlantic (14-12, 6-7) vs. Louisiana Tech (18-7, 9-4)Thomas Assembly Center, Ruston, Louisiana; Saturday, 3 p.m. ESTBOTTOM LINE: Two senior guards will be on display as Cornelius Taylor and Florida Atlantic will face DaQuan Bracey and Louisiana Tech. Taylor is averaging 10.6 points over the last five games. Bracey is averaging 12 points over the last five games. For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.com Associated Press
LIVE TV COMMENT Video Player is loading.Play VideoPlayMuteCurrent Time 0:00Loaded: 0%Duration 0:00Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio TrackQuality LevelsFullscreenThis is a modal window. This video is restricted from playing on your current domain Error Code: PLAYER_ERR_DOMAIN_RESTRICTED Recalling her family’s struggle and ordeal, Ishanti Devi said: “We had to go through extreme poverty. She did not have gloves and shoes to wear. She practiced bare-footed and borrowed gloves from others. She was not allowed entry into many coaching centers and district and state tournaments. She became a victim of dirty politics. We had to shift places. 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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen A canister of sweets held over her head, ‘tears of joy’ refusing to stop, voice choking with emotions, Manju Rani’s mother tried in vain to hide her “mixed emotions” on her daughter winning a silver but losing a gold at the World Boxing Championship on Sunday. SUBSCRIBE TO US First Published: 13th October, 2019 19:18 IST WATCH US LIVE “She is very hardworking and worked extremely hard for it. We can’t even believe what she has done. It means a lot to me, our family and our village. See all of them are here,” she said showing all relatives, neighbors, and villagers gathering outside Manju’s Rohtak residence.READ: Manju Rani rewrites history with a silver on World Championship debutNot an easy journey for Manju Rani “Khushi to hai lekin thoda sa dukh bhi hai. Beti gold jeet sakti thhi. Bahut najdik ake jab gold chhut jata hai to dukh to hoga hi na. (I am very happy for what she has achieved but to little disappointed as well. My daughter could have won the gold. She came so close naturally it will hurt),” Manju’s mother Ishwanti Devi told Republic TV in an exclusive chat at her Rohtak residence immediately after her daughter’s World Boxing Championship final. Last Updated: 13th October, 2019 21:48 IST Mother Shares Manju’s ‘bare-footed’ Times,thanks The ‘borrowed Gloves’ Manju Rani clinched a sliver in her maiden appearance at the World Boxing Championships on Sunday. The boxer’s mother highlighted the struggles of the family. Suman Ray Written By Manju’s brother Ajay said he was extremely happy with what his sister has done. “I am thrilled. Manju is a champion. Everyone here are so happy and excited.”Manju’s coach Sube Singh Beniwal told Republic TV: ‘Its an unbelievable story of struggle, strength commitment, and talent. I spotted her at the age of 12 when she used to box for fun. I knew that I was seeing something special.and this child was destined for glory. I trained her and then Politics in sports was trying to sabotage everything. We shifted her to participate from Punjab and in no time she became a state and then national champion but even I did not think she would achieve this in her very first World Championship.”READ: Manju Rani 2nd Indian in history to reach WC final on debutManju Rani rewrites historyManju Rani rewrote history when she became the second Indian after MC Marykom (2001) to win a World Championship silver on debut.In January this year, her journey for glory began when she won the national championship in Vijaynagar in her maiden effort followed by a silver medal in the 70th Strandia Memorial in Sofia and then back to back bronze medals in India Open and Thailand Open.After her heroics in World Championship, her Olympic dream will mean a change in not just intensity but weight category as well as unfortunately, Manju won’t be able to participate in the 2020 Tokyo Games as 48 kg is no longer an Olympic medal category. Her coach said since she is tall she can easily move to a higher weight category in the future — either in 51 kg or 54 kg.READ: Sports Ministry makes sporting infrastructure ‘free & accessible’ READ: “Mary Kom is destined to win Tokyo Olympic gold”: Akhil Kumar FOLLOW US
Rising from its meeting in Abuja wednesday, the executive committee of the NFF approved the appointment of Salisu Yusuf as Super Eagles chief coach, Bitrus Bewarang as technical director and Nduka Ugbade as Goden Eaglets assistant coach as recommended by the Chris Green led technical committee.According to the communiqué of the meeting signed by Hon. Suleiman Yahaya-Kwande, the search for a new technical adviser for the senior national team needs prompt action given the matches ahead for the Super Eagles in the road to the 2018 World Cup in Russia whose qualifiers begin in October.“Executive Committee instructed the Technical and Development Sub–Committee to, within the next seven (7) days, recommend a candidate for the post of Technical Adviser of the Super Eagles,” read the communiqué in part.“It noted that the refusal of Mr. Paul Le Guen, earlier recommended by the Sub-Committee, to accept to be given targets as well as unwillingness to live in Nigeria, made his candidature unacceptable to the Board.“Committee also disapproved of Mr. Le Guen’s desire to come to the job with two assistants, which would make Nigerian coaches redundant.“The Committee noted that it was the desire to show transparency that made the Technical and Development Sub-Committee to make public its recommendation in the first place.”The statement added: “The Committee further resolved that any candidate that would be so recommended by the Technical and Development Sub-Committee must have accepted to be handed targets and must also be willing to live in Nigeria.“In addition, such a candidate must agree to undergo other internal evaluation.”The Executive Committee also approved that henceforth, only the Head Coaches of the various national teams will be on monthly salary, while assistant coaches will receive only bonuses and allowances.“The assistant coaches presently in the NFF’s employ have been given till the end of this year to secure substantive employment elsewhere, as the federation deals squarely with its financial constraints,” concludes the communiqué.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Gives Technical Committee one week to recommend new coach for NigeriaDuro IkhazuagbeSmarting from the embarrassment caused the country by Frenchman, Paul Le Guen, the Executive Committee of the Nigeria Football Federation (NFF) wednesday ordered its Technical Committee to recommend another top foreign coach to step into the vacant Super Eagles job within the next one week.Le Guen snubbed the Eagles job because he was not willing to accept NFF’s conditions that include his coming to stay in Nigeria, accept back-up staff made up of indigenous coaches in addition to being given a target.