London house prices defy the UK slump

first_img LONDON’S housing market is bucking the trend of falling prices that continues to affect much of the rest of the UK, official data showed yesterday.Average prices across the country were down 1.4 per cent in January compared to December, leading to an annual increase of just half a per cent.However, in the capital prices rose by 3.7 per cent compared to the same time last year. Only the east of England recorded a greater jump in prices, rising by four per cent.While the average UK house price is now £208,552, in London it is now 64 per cent higher, at £342,642, the Department for Communities and Local Government (DCLG) said.“There is huge inward investment into central, affluent areas of London, and a general lack of stock,” said Robert Bartlett of estate agent Chesterton Humberts. “And we’re anticipating a considerable surge of middle eastern money into London on the back of problems in that region,” Bartlett added. Sterling weakness and the perception of London as a safe place to invest continue to attract foreign funds, he said.The cheapest prices in the UK are still in the north east, where the average fell by 2.4 per cent from December to January, to £132,195 per property. Northern Ireland was the worst hit region, with prices falling by 14.1 per cent across the year. House prices also fell in Wales, down 1.8 per cent on January 2010. Across the UK, the underlying trend was for heavier falls as 2010 progressed. Average prices were down 0.4 per cent in the three months to January, compared to the previous three months. In the three months to October, prices fell by 0.2 per cent on the previous quarter. whatsapp whatsapp Tuesday 15 March 2011 8:23 pm KCS-content Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todayautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Show Comments ▼ London house prices defy the UK slump Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULLlast_img read more

Factory gate inflation still rising across the Eurozone

first_img Factory gate inflation still rising across the Eurozone whatsapp KCS-content whatsapp Tags: NULL Monday 4 April 2011 7:22 pm FACTORY gate prices across the Eurozone rose at a slightly higher rate than expected in February, yet the data was tempered by a downward revision to January’s rate of inflation.Industrial producer prices were up 0.8 per cent in February, yet January’s rise was reduced from 1.5 per cent to 1.3 per cent, the Eurostat office announced yesterday.Despite the downward revision, ongoing price pressures cement the likelihood of the European Central Bank hiking interest rates this Thursday, according to Howard Archer of IHS Global Insight.“The further spike up in Eurozone producer prices will reinforce the ECB’s concern that high energy and commodity prices are exerting serious inflationary pressures lower down the supply chain,” Archer said.“We are now leaning towards the view that the ECB will hike interest rates by a further 0.25 per cent in both the third and the fourth quarters, taking them up to 1.75 per cent by the end of the year,” he added.Across the wider European Union area, factory gate prices also increased by 0.8 per cent — an annual rise of 7.1 per cent, compared to an annualised 6.6 per cent rise in the Eurozone. Show Comments ▼ Share Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

BANKS’ NEW CAPITAL STRUCTURE

first_img KCS-content BANKS’ NEW CAPITAL STRUCTURE Tags: NULL whatsapp Monday 11 April 2011 8:36 pm whatsapp More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPuffer fish snaps a selfie with lucky divernypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Show Comments ▼ Q.WHY DOES THE REPORT FOCUS ON LOSS-ABSORBING DEBT?A.Banks hold far more debt than equity. In the financial crisis that debt should have been used to absorb losses, but banks’ complexity made it difficult to decide at the time what should be written off and what should not. Instead, governments were forced to meet all debtholders’ obligations – ICB chairman Sir John Vickers said it was “staggering” how many senior bank debtholders came out whole from the crisis. In future, it wants creditors and debtholders to bear losses before any taxpayer funds are used.Q.WHAT IS CONTINGENT CAPITAL?A.Contingent convertible capital (co-cos) are bonds used to recapitalise a bank in a crisis. Co-co bonds will either be written off or convert to equity if, for example, a bank’s capital ratio falls below regulatory requirements. This would relieve a struggling bank of its debt obligations.Q.HOW DO BAIL-IN BONDS DIFFER FROM CO-COS?A.Bail-in bonds are similar to co-cos in that they can turn into equity, but the regulator decides when this conversion is triggered – usually as the bank stops being a viable entity. Bail-in debt is used to resolve a failed bank, whereas co-cos would try to revive a bank. In theory, all of a bank’s unsecured term debt could be considered bail-in.Q.WHO SHOULD LOSE OUT FIRST IN ANOTHER CRISIS?A.Equity holders would bear the first losses, then any co-cos would be written off or converted to equity. If the bank reached insolvency, bail-in debt would be used. If all bail-ins were exhausted, remaining creditors would be exposed to losses. Retail depositors would be the last to suffer under the ICB’s plan. Sharelast_img read more

Premier League Live: Arsenal vs Tottenham LIVE Head to Head Statistics, Premier League…

first_img YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinition|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndo Latest Sports News By Kunal Dhyani – July 11, 2020 Esports Share on Facebook Tweet on Twitter Viking Classic Birmingham 2021 Final: Ons Jabeur beats Daria Kasatkina to clinch title ATP Tour Euro 2020, Italy vs Wales LIVE: Bernardeschi denied by the upright as Italy come close to doubling advantage; Follow Live Updates TAGSArsenal vs Tottenham LIVEFixture and ScheduleHead to Head StatisticsLIVE Streaming LinkPremier League LivePremier League start dateResultsteams stats up SHARE Premier League Live: Arsenal vs Tottenham LIVE Head to Head Statistics, Premier League start date, LIVE Streaming Link, teams stats up, results, Fixture and Schedule   Previous articleWWE Smackdown Preview: Big championship match announced for next week; Check detailsNext articleMS Dhoni was ‘Very Lucky’ as Indian captain says Gautam Gambhir Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeE! OnlineTLC’s So Freaking Cheap Takes Penny-Pinching to the ExtremeE! OnlineUndoPhotoStickHow To Back Up All Your Old Photos In SecondsPhotoStickUndoGrammarlyAdvertisement Avoid Grammatical Errors with This Helpful Browser ExtensionGrammarlyUndoMatch Facts: ARSENALARSENAL is unbeaten for 4 matches.ARSENAL is unbeaten for 7 home matches.ARSENAL has scored at least one goal in the last 5 matches.ARSENAL has scored at least one goal in the last 8 home matches.Match Facts: TOTTENHAMTOTTENHAM is unbeaten for 2 matches.TOTTENHAM was not able to win one out of the last 4 away matches.Head-to-Head (H2H):2019-09-01 ARSENAL – TOTTENHAM 2-22019-03-02 TOTTENHAM – ARSENAL 1-12018-12-02 ARSENAL – TOTTENHAM 4-22018-02-10 TOTTENHAM – ARSENAL 1-02017-11-18 ARSENAL – TOTTENHAM 2-02017-04-30 TOTTENHAM – ARSENAL 2-02016-11-06 ARSENAL – TOTTENHAM 1-12016-03-05 TOTTENHAM – ARSENAL 2-22015-11-08 ARSENAL – TOTTENHAM 1-12015-02-07 TOTTENHAM – ARSENAL 2-1 Last matches of ARSENAL:2020-07-07 ARSENAL – LEICESTER CITY 1-12020-07-04 WOLVES – ARSENAL 0-22020-07-01 ARSENAL – NORWICH 4-02020-06-25 SOUTHAMPTON – ARSENAL 0-22020-06-20 BRIGHTON – ARSENAL 2-12020-06-17 MANCHESTER CITY – ARSENAL 3-0Last matches of TOTTENHAM:2020-07-09 BOURNEMOUTH – TOTTENHAM 0-02020-07-06 TOTTENHAM – EVERTON 1-02020-07-02 SHEFFIELD UTD – TOTTENHAM 3-12020-06-23 TOTTENHAM – WEST HAM 2-02020-06-19 TOTTENHAM – MANCHESTER UNITED 1-12020-03-07 BURNLEY – TOTTENHAM 1-1 Bett1Open 2021 Final: Liudmila Samsonova beats Belinda Bencic to clinch title Football Tottenham  Total Games won Tottenham – 12Total Games lost Tottenham – 20Total Games draw Tottenham – 23 Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Halle Open 2021 Final: Ugo Humbert defeats Andrey Rublev to become champion Sport News Tokyo Olympics: Dutee Chand, Hima Das among top athletes seeking direct Olympic qualification during IGP 4 SportSport News ATP Tour Sport News Sport News Facebook Twitter Euro 2020, Switzerland vs Turkey LIVE: Shaqiri doubles Switzerland’s lead after Seferovic opener at HT; Follow Live Updates PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, India RELATED ARTICLESMORE FROM AUTHOR PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO Football Football Premier League LIVE between Arsenal vs Tottenham LIVE, Here some details related Arsenal vs Tottenham teams news, broadcast details and Timing in India.Where to watch the Premier League Live in IndiaThe broadcast rights for the Premier League in India are owned by Star Sports.The network will telecast the matches on Star Sports 1, Star Sports Select 1 and Star Sports Select 1 HD. They will also be live-streamed on Disney+Hotstar VIP.Click here for Watch Livehttps://www.hotstar.com/in/sports/footballPremier League Live: Arsenal vs Tottenham Head to Head HistoryArsenal vs Tottenham Total Matches –  55Arsenal Total Games won Arsenal – 20Total Games lost Arsenal – 12Total Games draw Arsenal – 23 Queens Club Final: Matteo Berrettini beats Cameron Norrie in final to win titlelast_img read more

Proplastics Limited (PROL.zw) HY2020 Interim Report

first_imgProplastics Limited (PROL.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2020 interim results for the half year.For more information about Proplastics Limited (PROL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Proplastics Limited (PROL.zw) company page on AfricanFinancials.Document: Proplastics Limited (PROL.zw)  2020 interim results for the half year.Company ProfileProplastics Limited manufactures and markets plastic pipes and fittings, specialising in the production of polyvinyl chloride (PVC), high-density polyethylene (HDPE), low-density polyethylene (LDPE) pipes and related fittings. The pipes and fittings are manufactured for various applications in irrigation, water and sewer reticulation, mining, telecommunications and building construction. Proflo is responsible for the supply of PVC pressure pipes and fittings, and polyethylene pipes and fittings, which includes injection molded fittings, fabricated fittings and ball valves. Prodrain supplies sewer pipes and fittings, soil vent and waste pipes and fittings, borehole casings, electrical conducts and cable ducting and gutter systems for rain water. Proplastics Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Rolls-Royce shares are up 54% in a month! Here’s what I’d do with them today

first_imgSimply click below to discover how you can take advantage of this. After the Covid-19 pandemic spread across the globe in early 2020, airline traffic collapsed to a level unseen in the modern era. With governments closing their borders and imposing quarantines, airline miles flown dropped to near-zero. Even now, flight numbers are at roughly a quarter of their previous highs. This crash has devastated shares in Rolls-Royce Holdings (LSE: RR). What might lie ahead for Rolls-Royce shares?Rolls-Royce shares plunge to earthLess than 11 months ago — in a world before Covid-19 — Rolls-Royce shares were riding high. They hit a 52-week peak of 792p on 7 November, then slipped to end 2019 at 683.2p. Even as recently as 12 February, the stock closed at 699p. Then, as coronavirus worries spurred national lockdowns, Rolls-Royce went into a tailspin. Shares in the maker of engines and power systems collapsed to 251.6p by 3 April, driven down by relentless selling pressure.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…As the spread of coronavirus slowed going into the summer, Rolls-Royce shares staged a partial comeback. By 8 June, there were trading within a whisker of £4, a decent bounce-back, yet still just over half of their November peak. Alas, with Covid-19 infections surging into the autumn, the Rolls-Royce share price crashed again, bottoming out at 100.8p on 2 October.Rolls-Royce shares more than doubled this monthSince the start of this month, Rolls-Royce shares have been on a spectacular tear. On Friday, they closed at 243.7p, up a whopping 141.7% in just three weeks. This huge surge has propelled the esteemed engineering firm’s market value to £4.7bn. Nevertheless, Rolls-Royce stock has dived by two-thirds in the past 12 months, leaving the company a shadow of its former self.Any investors astute or lucky enough to buy Rolls-Royce shares around the turn of this month will be sitting pretty on some extremely healthy profits. But will these last, given the existential crisis faced by the airline industry?This FTSE 100 firm faces a tough futureOne problem for the UK’s leading engineer is that it was already stumbling before the shock of Covid-19. Indeed, in the far better economic circumstances of 2018 and 2019, the business lost £2.947bn and £891m respectively. What’s more, most of its profits come from long-term maintenance contracts linked to hourly jet-engine usage. With airlines on their knees, Rolls-Royce will struggle for years to come, with normal conditions unlikely to return before 2024.A warning from the bond marketWith its earnings crushed and dividends vanished, it’s impossible to value Rolls-Royce shares using conventional metrics. However, one red flag for shareholders comes from the bond market — which takes no prisoners and bosses even the biggest businesses about!On 14 October, Rolls-Royce issued £2bn of bonds, as part of a rescue fundraising that also included a rights issue for shareholders. The coupons (yearly interest rates) paid by these six/seven-year IOUs ranged from 4.625% to 5.75%. In 2017, the firm was able to borrow for six years at 0.875% a year. Today, similar high-yield (‘junk’) debt would be sold with an average coupon below 3.75%. Thus, ‘bond vigilantes’ — worried about Rolls-Royce’s future liquidity, solvency and survival — demanded steep returns to lend to the battered business.In short, with airlines facing powerful headwinds, I can see Rolls-Royce again returning to shareholders (and/or bondholders) for more emergency bailouts. With the business set to survive, but not thrive, if I held Rolls-Royce shares, I’d sell them today. As a shareholder, I’d head for the emergency exits while the going was good! 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 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. Rolls-Royce shares are up 54% in a month! Here’s what I’d do with them today “This Stock Could Be Like Buying Amazon in 1997” See all posts by Cliff D’Arcy 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.center_img Our 6 ‘Best Buys Now’ Shares Cliff D’Arcy | Sunday, 25th October, 2020 | More on: RR Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Image source: Getty Images. Cliffdarcy has no position in any of the shares mentioned. 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

The Lloyds share price: 2 reasons I’m keen right now, but 2 big risks I’d note

first_img 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. 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. Image source: Getty Images The Lloyds Banking Group (LSE: LLOY) share price has performed well over the past week. In fact, it’s up 10.4%, making it the best performer over this period in the FTSE 100. Unfortunately, if we expand the time horizon, the share is still down 34% over a one-year period. I’d look to buy the share for several reasons, but am conscious of some risks.A better outlookMy first reason isn’t particularly technical in nature. Simply put, I think the outlook for the bank (and therefore the Lloyds share price) is much better than last year. The UK managed to avoid a no-deal Brexit. An agreement on financial services is due in coming months. The UK has vaccinated over 13m people against Covid-19. The UK Government is continuing to provide generous fiscal support to try and boost the economy.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…All of the above are positives for companies trading in the UK. Lloyds is one of these companies, and so is feeling the benefits of this via a short-term move higher in the share price. This isn’t particularly company-specific, but the wider environment is certainly helping.The second reason I like the Lloyds share price is due to the potential dividend resumption. The Bank of England has removed guidance urging banks not to pay dividends. Lloyds returned to a profit of £1bn in Q3, with a loan-to-deposit ratio of 98%. It means it has the liquidity to pay out a potential dividend.Downside risks for the Lloyds share priceOne big risk I’d note is the gradual reduction in the net interest margin. In the Q3 update, Lloyds specifically flagged this up as a reason why group income was down 17%. The net interest margin stands at 2.42%. This is the difference between the rate the bank lends out at versus the interest it receives. This margin has been decreasing, as the UK base rate has been cut. It takes time for the difference to filter through, and so this move lower is likely going to continue through 2021. There isn’t much the bank can do on this, and so it could be a negative drag on the share price that I should be aware of.The second risk is the delayed impact on finances and loans from Covid-19. The bank has set aside large provisions for bad debt during 2020. Some £4.1bn through to Q3 has been reserved, and Lloyds says it’s a realistic level given “no significant change in economic outlook”.As discussed above, the outlook could be rosy this year. But I think the drag from the pandemic might not be fully appreciated. Consumers and businesses are being supported by furlough cash and other fiscal measures that will stop at some point. In this case, there could be a rise in loan defaults that isn’t currently taken into account by Lloyds or the share price.Overall, I’m looking to buy back into the Lloyds share price shortly, acknowledging the potential risks. The Lloyds share price: 2 reasons I’m keen right now, but 2 big risks I’d note Jonathan Smith | Thursday, 11th February, 2021 | More on: LLOY Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img 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. Our 6 ‘Best Buys Now’ Shares jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. 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. Enter Your Email Address See all posts by Jonathan Smithlast_img read more

Newspaper editor freed after being given suspended prison sentence

first_img RSF_en Follow the news on Niger July 16, 2020 Find out more Organisation The 2020 pandemic has challenged press freedom in Africa Reporters Without Borders is relieved to learn that Zakari Alzouma, the editor the independent weekly Opinions, was released yesterday but is astonished that he was given a three-month suspended prison sentence for supposedly libelling interior minister Albadé Abouba.Alzouma was arrested on 30 October in response to a complaint by the interior minister about an article reporting that he “took advantage” of Prime Minister Seini Oumarou’s absence to award a US company a contract for the transport of pilgrims to Mecca that had already assigned to a local air transport company.The local company, Sahel Airlines, sued the government and won its case. A Niamey court upheld the original contract and quashed the one with the US company.———————-4.11 – Newspaper editor “caught in the act” of libel, held for past five daysReporters Without Borders calls for the release of Zakari Alzouma, the editor the independent weekly Opinions, who has been detained since 30 October in Niamey as a result of a libel complaint by the interior minister and whose case will not be heard for another week.“Niger’s legislation on press offences comes in handy for a government that does not want to give up its bad habits,” Reporters Without Borders said. “By continuing to send journalists to prison, the authorities are just putting off the day when they will finally have to abandon their repressive ways. Furthermore, this kind of case puts Niger’s judges in embarrassing and contradictory situations resulting in absurdities.”Alzouma was formally charged yesterday with being “caught in the act” of libel although he had already spent four days in police custody. He was due to appear in court in Niamey today but the hearing was postponed to 11 November on grounds that a piece of prosecution evidence was missing.In the meantime, Alzouma has been placed in pre-trial custody in the main Niamey prison, with the result that he will have spent at least 13 days in detention by the time his case is finally heard.His lawyer told Reporters Without Borders he was “very shocked by the postponement, which is completely unwarranted.” He said he also failed to understand the prosecutors’ refusal, without offering any reason, to agree to Alzouma’s conditional release. “Zakari Alzouma is charged with a press offence, not a crime,” he said. “There is no reason for keeping him in detention.”Alzouma is being prosecuted because of an article claiming that interior minister Albadé Abouba “took advantage” of Prime Seini Oumarou’s absence to award a US company a contract for the transport of pilgrims to Mecca that had already promised to a local company. November 27, 2020 Find out more News News Reports Help by sharing this information center_img Niger: Two journalists arrested in disturbing setback for press freedom to go further November 12, 2008 – Updated on January 20, 2016 Newspaper editor freed after being given suspended prison sentence NigerAfrica May 11, 2021 Find out more The conviction of Niger newspaper editor Moussa Aksar is an attack on investigative journalism Receive email alerts News NigerAfrica last_img read more

Cllr Alcorn officially takes up position on new Udaras Board

first_img Man arrested on suspicion of drugs and criminal property offences in Derry Dail hears questions over design, funding and operation of Mica redress scheme By News Highland – August 21, 2013 News Twitter Google+ Facebook WhatsApp Facebook PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Google+ RELATED ARTICLESMORE FROM AUTHORcenter_img Donegal County Cllr David Alcorn has today officially been ratified to take up his position on the Board of Udaras na Gaeltactha.He had been nominated by Dongeal County Council to sit on the new Udaras board in October last year, but the nomination wasn’t ratified by Junior Minister Dinny McGinley, pending the investigation into his expenses claims.A fortnight ago the Standards in Public Office Commision cleared Cllr Alcorn wrongdoing a fortnight ago.And speaking to Highland Radio News this morning, Cllr Alcorn says he has now formally accpeted his position on the Udaras Board:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/08/alcorn.mp3[/podcast] WhatsApp Previous articleDirector of LYIT says Northwest Science Park project has huge potentialNext articleReport into Donegal creches finds risk of scalding and strangulation News Highland Pinterest Cllr Alcorn officially takes up position on new Udaras Board Pinterest HSE warns of ‘widespread cancellations’ of appointments next week Man arrested in Derry on suspicion of drugs and criminal property offences released Dail to vote later on extending emergency Covid powers Twitterlast_img read more

Arnab Goswami Case : Alibag Sessions Court Reserves Order On Revision Petition Seeking Police Custody

first_imgNews UpdatesArnab Goswami Case : Alibag Sessions Court Reserves Order On Revision Petition Seeking Police Custody Nitish Kashyap10 Nov 2020 6:22 AMShare This – xThe Sessions Court in Alibag on Tuesday evening reserved order in the revision petition filed by Raigad police challenging the order passed by Chief Judicial Magistrate refusing police custody of Republic TV Editor-in-Chief Arnab Goswami and two others in Anvay Naik abetment of suicide case. The Court has posted the case for pronouncement of verdict day after tomorrow, i.e. Thursday….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?LoginThe Sessions Court in Alibag on Tuesday evening reserved order in the revision petition filed by Raigad police challenging the order passed by Chief Judicial Magistrate refusing police custody of Republic TV Editor-in-Chief Arnab Goswami and two others in Anvay Naik abetment of suicide case. The Court has posted the case for pronouncement of verdict day after tomorrow, i.e. Thursday. The bail applications filed on behalf of Arnab Goswami and the co-accused are also listed for hearing on that day. Opposing the demand for police custody of Goswami, Senior Advocate Abad Ponda had alleged that case against him is a means to silence a powerful critic. ‘I’m A News Anchor And May Have Said Things I Shouldn’t Say, But This Isn’t The Way To Silence Me’ : Arnab Goswami’s Lawyer Opposes Police Custody Public Prosecutor Pradeep Gharat, making submissions on behalf of the Raigad police, submitted that considering that Goswami holds an influential position and a political party supports him, the Magistrate was “duty bound” to give police custody. “Persons who can do and undo things, such persons are supporting the accused…Custodial interrogation of the accused is necessary for him to be confronted with evidence,” he submitted. Referring to Ponda’s submission that the matter is commercial in nature, Gharat argued that this is a clear-cut case where the deceased wrote a suicide note, specifically mentioning the accused and stating that he is being driven to commit suicide. “Person who drives the deceased to commit suicide is guilty of abetment. Anvay Naik couldn’t take the pressure and harassment by the accused,” Gharat submitted. He also objected to the Defence’s allegation that Avnay Naik’s mother died because of him. He submitted, “His mother was also a director, he has so many creditors. He thought after I am gone all the creditors will catch my mother. They are businessmen. They argue that he didn’t care about his mother. They are saying he murdered his mother. They have really hurt the family’s feelings, it is very painful. It’s like killing the whole family.” He also objected to the arguments raised by Goswami’s lawyer as to the legality of arrest. He said, “Shockingly they have argued on points already decided by Bombay High Court yesterday…If arrest was not required, the CJM would not have given permission for police interrogation,” he said. The case against Goswami has been lodged on the basis of a suicide note left by the victim, Anvay Naik, which stated that he (Naik) and his mother decided to take the extreme step on account of payments due to them not being cleared by the owners of three companies – television journalist Arnab Goswami of Republic TV, Feroz Shaikh of IcastX/Skimedia and Niteish Sarda of Smartworks. The Raigad police had closed the case in April 2019 saying that they did not find evidence against the accused named in the suicide note, including Goswami. However, in May this year, Anvay’s daughter approached the Maharashtra Home Minister Anil Deshmukh seeking the case be reopened. On Monday, a Division Bench of the Bombay High Court refusedto grant him interim bail stating that no case was made out for the exercise of extraordinary jurisdiction by the High Court under Article 226 of the Constitution when the petitioners have the alternate remedy of seeking regular bail under Section 439 of CrPC. The bench clarified that the accused can approach the Sessions Court and if such an application is made, the concerned court should decide it within 4 days.Next Storylast_img read more