National Tyre Services Limited (NTS.zw) 2016 Annual Report

first_imgNational Tyre Services Limited (NTS.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2016 annual report.For more information about National Tyre Services Limited (NTS.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the National Tyre Services Limited (NTS.zw) company page on AfricanFinancials.Document: National Tyre Services Limited (NTS.zw)  2016 annual report.Company ProfileNational Tyre Services Limited is the largest distributor and retailer of new tyres and tubes for the automotive industry in Zimbabwe. Its focus is on re-lugging tyres used in the agricultural and earthmoving sector and the procurement of truck tyres for the Zimbabwe transport industry. Popular tyre brands sold by National Tyre Services include Dunlop, Firestone, Bridgestone, Yokohama, Pirelli, Bandag, Regal and Comforser. It offers products in its ranger catering for sedans, SUVs, off-road vehicles, light trucks and heavy-duty trucks and buses. Its service outlets deal with wheel alignment, wheel balancing, product support and inner tyre tubes. The company has a national footprint with 12 retail outlets in major towns and cities in Zimbabwe. The re-lugging factory is in Harare and Chiredzi and re-treading and procurement of truck tyres is done out of Harare and Bulawayo. National Tyre Services Limited is listed on the Zimbabwe Stock Exchangelast_img read more

UK shares to buy: why I like the FTSE 100’s Burberry and this British luxury brand owner

first_img The high-calibre small-cap stock flying under the City’s radar Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Enter Your Email Address Our 6 ‘Best Buys Now’ Shares When it comes to searching for UK shares to buy now, I’m keen on British luxury brand owner Burberry (LSE: BRBY). But the FTSE 100 company isn’t the only stock I’d buy that owns a luxury British brand.Further down the listings resides another company with a British heritage that’s making inroads expanding trading abroad. Read on, and I’ll tell you more.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…Why I think Burberry is one of several UK shares to buyFirst though, Burberry suffered the usual interruption in trading because of the Covid-19 crisis. Store closures caused earnings to plummet during the lockdowns. And coronavirus measures, such as social distancing, caused costs to rise. But both the stock and the business have been recovering well.During the crisis, online sales have gone some way to mitigating the worst effects on trade. Now, the easing of lockdowns and the reopening of the firm’s stores are boosting the trading recovery.Meanwhile, recent updates have been bullish regarding trading in China where Burberry earns around 20% of its revenue. And in the entire Asia Pacific region, the company derives around 40% of its revenue. Indeed, the region is a big growth market for Burberry and success there is one of the reasons I’d be keen to pick up a few Burberry shares now.City analysts following the firm expect a robust recovery in earnings next year, although profits will still likely be around 75% of their pre-coronavirus level. Nevertheless, when viewed as a long-term investment, I reckon the coronavirus dip is a potentially short-term setback. Meanwhile, with the share price near 1,584p, the forward-looking earnings multiple for the trading year to March 2022 is just above 22. I think that’s fair given the quality of the enterprise.This could be a decent recovery and growth playBut alongside Burberry, I’d buy shares in British luxury brand owner Mulberry (LSE: MUL). The firm is known for its range of designer handbags and leather goods. And it’s expanded well beyond its UK roots with a store network in China, Hong Kong, Japan, South Korea, North America and mainland Europe, as well as in the UK.However, it’s fair to say the company’s growth trajectory hasn’t been smooth. Indeed, today’s share price near 152p is a far cry from the heady days in 2012 when the stock changed hands above 2,200p. A record of patchy earnings tells the story of a troubled few years. The company even dipped into a trading loss during 2019.But I reckon the underlying operational trend is turning. In today’s full-year results report, non-executive chairman Godfrey Davis said the company was “destined” to record a “small” profit in the second half of the financial period until trading was affected by the outbreak of the coronavirus crisis. However, Covid-19 has caused the company to consider reducing its employee numbers by around 25% “across the global business.”I reckon such a  move could help re-set the enterprise for recovery and growth. And I’m encouraged by the directors’ assessment that current trading is ahead of their earlier expectations. Meanwhile, with the share price near 152p, the forward-looking earnings multiple for the current trading year to March 2021 is just above 10. I reckon that looks like decent value.  See all posts by Kevin Godbold Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! 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.center_img Image source: Getty Images. UK shares to buy: why I like the FTSE 100’s Burberry and this British luxury brand owner 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. Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Burberry. 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. Kevin Godbold | Monday, 5th October, 2020 | More on: BRBY MUL Simply click below to discover how you can take advantage of this.last_img read more

How Does a Dermatologist Protect Her Skin From the Sun?

first_img Please enter your name here Share on Facebook Tweet on Twitter TAGSFlorida Hospital – Apopka Previous articleDream Lake Elementary six weeks away from completionNext articleCultural awareness, collaborative spirit: Building a culture of health Denise Connell RELATED ARTICLESMORE FROM AUTHOR Save my name, email, and website in this browser for the next time I comment. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 From Florida Hospital – ApopkaWho knows how to protect skin from sun damage better than a dermatologist? Tace Rico, MD, dermatologist, at Florida Hospital, gladly shares her best practices to protect her skin, and her children’s skin, from sun damage.Use sunscreen every day and a foundation with sun protection in it.“Protecting your skin from the sun isn’t something you should do only at the beach, it’s necessary every day. Much of what people think is normal aging, like wrinkles and sun spots, are actually the result of sun damage and can be avoided with proper sun protection,” Dr. Rico says. “And don’t neglect to use sunscreen on any part of your body that will be exposed to the sun during the day.”Know your sun protection products and how much to use.“Always use a sunscreen that’s broad-spectrum, designed to protect against UV-A and UV-B rays, has an SPF 30 or higher, and is water resistant. And be sure to use plenty of sunscreen! Not doing so is probably the most common mistake people make when it comes to sunscreen. The average person should use a full shot glass of sunscreen,” Dr. Rico notes.Apply, then remember to reapply.“You should apply your first layer of sunscreen about 30 minutes before you head outside and then reapply every two hours,” says Dr. Rico. “Even if you aren’t going in the water, you can sweat enough to compromise your sunscreen protection, so always remember to reapply.”Wear sun protection clothing in addition to sunscreen.“Whether you’re at the pool or the beach, or just outside at a summer barbecue, you need to protect your skin from the sun. Sunscreen is a must, but protective clothing is also a good idea because that protection is constant,” Dr. Rico advises.Embrace the shade.“If you can, invest in a shade structure that you can take to the beach or park so you and the kids can get a break from the sun,” says Dr. Rico. “And avoid being in the sun during the peak hours of 10 am to 2 pm when the sun is the strongest.”Teach your children about sun protection and make it part of their routine.“My children are ages 3 years and 6 months and we have a complete sun protection program for them. They wear sunscreen and sun shirts whenever we’re in the sun,” Dr. Rico says. “My 3 year old knows to grab his rash guard whenever we’re going to the pool. That’s because we’ve made it part of our outside routine from the beginning, so he doesn’t even think to question it.” You have entered an incorrect email address! Please enter your email address here Please enter your comment! Support conservation and fish with NEW Florida specialty license plate LEAVE A REPLY Cancel reply The Anatomy of Fear last_img read more

The Q / Jonathan Segal Architect

first_img “COPY” Projects Houses Year:  United States ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/290244/the-q-jonathan-segal Clipboard The Q / Jonathan Segal ArchitectSave this projectSaveThe Q / Jonathan Segal Architect “COPY” ArchDaily CopyHouses, Offices•San Diego, United States Collaborators:Guillermo Tomaszewski, Greg Yeatter, Tracy Anderson, Wendy SegalCity:San DiegoCountry:United StatesMore SpecsLess SpecsText description provided by the architects. The Q is a seven-story mixed-use residential, office, and commercial development in the Little Italy district of downtown San Diego. The building integrates all of these uses within a small 50×200 foot infill lot while also saving the oldest home in Little Italy.Save this picture!Courtesy of Jonathan Segal FAIAThe Q promotes a green live-work environment, the absence of necessity for automobile. This wonderful urban neighborhood leaves many tenants avoiding the use of the car altogether as their residences also become their offices and the adjacency of immediate needs fulfills any of their day to day requirements. The 27 apartments above the ground floor have high performance floor to ceiling glass shaded by horizontal fins that provide incredible views to downtown San Diego and the bay while lowering heat gain. Operable windows provide adequate cross–ventilation, eliminating the need for air-conditioning. A diverse array of unit sizes range from studios to a 7,000 sqft penthouse the architect serving as both the developer and contractor lives in and walks to work next door in the adjacent office space.Save this picture!Courtesy of Jonathan Segal FAIAIn addition to a green lifestyle, the building integrates 132 photovoltaic panels on the roof to provide 100% of the buildings common area power requirements. While vertical fins on the backside of the building provide natural lighting during the day and glowing slits at night addressing even the adjacent building property line. Unlike most apartment buildings internal hallways are naturally ventilated, reducing overall building consumption dramatically, while concrete construction increases thermal mass keeping the building at a much more consistent temperature without the need for considerable insulation. The concrete being the finished and complete surface wherever possible allowed waste during construction to be inevitably reduced and VOCs were almost completely eliminated. Structure becomes finish and finish becomes structure.Save this picture!Courtesy of Jonathan Segal FAIAThe historically designated Pray houses, a 1889 Gothic Victorian structure was a key element along the main artery of Little Italy. This utilization and restoration of the existing home, along with the sensitive nature of the ground floor of the new building, create a bond with the existing fabric of the neighborhood. Along this ground level San Diego’s newest top rated restaurant, an award winning coffee shop, a clothing and art store, and finally a new award winning noodle house flow freely with the street. The invigorating energy of the street frontage carries through the rest of the building.Save this picture!Courtesy of Jonathan Segal FAIAMore than just a building, the Q has become a trademark of San Diego lifestyle. The name ‘the Q’ derives from James Bonds’ Q, the man with all of the latest and greatest gadgets efficiently integrated into existing devices we know and use everyday. The goal of the building was to become just that.Save this picture!Courtesy of Jonathan Segal FAIAProject gallerySee allShow lessDaegu Gosan Public Library Competition Entry / FORMAArticlesThe Masséna Competition Entry / Harmonic + Masson Architects and Comte Vollenweider …Articles Share Architects: Jonathan Segal Architect Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/290244/the-q-jonathan-segal Clipboard Save this picture!Courtesy of Jonathan Segal FAIA+ 29 Share The Q / Jonathan Segal Architect 2010 CopyAbout this officeJonathan Segal ArchitectOfficeFollowProductGlass#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOfficesDabasSan DiegoOffice Buildings3D ModellingOpen PlanRetailHousingUnited StatesPublished on November 06, 2012Cite: “The Q / Jonathan Segal Architect” 06 Nov 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogLouvers / ShuttersTechnowoodSunshade SystemsRailing / BalustradesMitrexIntegrated Photovoltaic Railing – BIPV RailingMetal PanelsAurubisCopper Alloy: Nordic BrassWindowsVitrocsaMinimalist Window – GuillotineGlassLAMILUXGlass Roof PR60 PassivhausSinksBradley Corporation USASinks – Verge LVG-SeriesSealantsSikaConstruction Solutions in Stavros FoundationShower TraysAcquabellaShower Tray – Focus BetonPatios / TerracesFranken-SchotterPatios and TerracesCeramicsTerrealTerracotta cladding in Le TrèfleSkylightsFAKROWooden pivot roof windows FYP-V proSkySynthetics / AsphaltFirestone Building ProductsRoofing System – RubberGard EPDMMore products »Read commentsSave想阅读文章的中文版本吗?Q楼 / Jonathan Segal Architect是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

BBC documentary to follow individuals in the process of giving to charity

first_imgBBC documentary to follow individuals in the process of giving to charity AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis81 ITN Productions, the documentary arm of ITN News, is about to start filming a documentary for BBC One about charitable giving. The company is seeking examples of individuals will to take part and discuss the stories and reasons behind their charitable support.Producer Danielle Fallon told UK Fundraising that she expected the programme to provide a platform for some of the charities selected by the featured supporters, but also to promote the act of charitable giving.They are looking for stories of people who have perhaps encountered hardship or setbacks in life but who now find themselves in a position to give to someone facing a similar situation today.Going Back, Giving BackFallon said that in this programme:“ordinary members of the public will positively change the lives of others by giving them the gift of a lifetime.  The benefactors are ordinary people who have battled hardships in their lives and now want to reward those who helped them when they were in their hour of need, or people suffering similar set-backs today.  This phenomenon of ‘nostalgia giving’ is on the rise with the baby-boomer generation who have the means and desire to make a positive social contribution”.  Advertisement The programme is to be called Going Back, Giving Back, it is expected to air in October 2016.Fallon added:“Going Back, Giving Back will have an incredible story at the heart of each episode. Led by a presenter, contributors will retrace their personal history, to help them make the momentous decision about where to donate their life-changing gift. “Each episode of Going Back, Giving Back will be packed full of surprises, from emotional reunions with long-lost friends to tear-jerking moments as contributors come to the realisation of how their own lives could have turned out very differently.  They’ll evoke powerful memories of the past as they revisit the scenes of pivotal events that made them the person they are today”. Individuals with a relevant story to share and charities with stories of donors are invited to contact ITN Productions at [email protected] or on 0207 430 4586.Fallon invited charities to share the following message with their supporters to see if they could find relevant stories to tell from amongst their supporters:We are delighted that documentary film producers ITN Productions have asked us whether any of our members would like to get involved in a series that will be shown on BBC1.Is there a cause close to your heart? In the past has someone been very kind to you? Or has someone or a charity changed your life? Would you consider making a donation to a good cause, which in turn will make a difference to someone? Ideally you will be looking to donate more than £1,000, there is no top limit. The programme will feature people who are looking to donate to a worthy cause, but perhaps need some guidance as to where that money should go. Or it may be that something happened in your past and you have a clear idea of who you wish to donate to. The show, which will be hosted by a presenter, will essentially follow your ‘giving journey’. The first programme will be filmed in the next few weeks. After this – filming will continue throughout the summer.If you would like to be part of the show then ITN Productions would love to hear from you. Please get in touch with me at [email protected] or call me on 0207 430 4586.  117 total views,  1 views today Tagged with: Individual giving TVcenter_img  118 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis81 Howard Lake | 14 May 2016 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Edited 19 May 2016, 13.38Added name of TV programme and the suggested text from ITN Productions.last_img read more

EU Moves Pioneer® Brand Plenish® High Oleic Soybeans Forward

first_img SHARE STAY CONNECTED5,545FansLike3,961FollowersFollow187SubscribersSubscribe Battle Resistance With the Soy Checkoff ‘Take Action’ Program By Gary Truitt – Apr 26, 2015 Facebook Twitter Name Sym Last Change EU Moves Pioneer® Brand Plenish® High Oleic Soybeans Forward Corn ZCN21 (JUL 21) 684.50 -14.50 SHARE Soybean ZSN21 (JUL 21) 1508.50 -35.50 Minor Changes in June WASDE Report Home Indiana Agriculture News EU Moves Pioneer® Brand Plenish® High Oleic Soybeans Forward Previous articleNASCAR and American Ethanol Celebrate Five Year PartnershipNext articleOld Hippie Has New Cause Gary Truitt RELATED ARTICLESMORE FROM AUTHOR How Indiana Crops are Faring Versus Other States Wheat ZWN21 (JUL 21) 680.75 -3.00 Live Cattle LEM21 (JUN 21) 118.70 1.13 Lean Hogs HEM21 (JUN 21) 122.68 0.22 DuPont Pioneer released the following statement following the European Commission’s approval of the Plenish® high oleic soybean single trait for import, food, feed use and processing. “The European Commission’s approval of the Plenish® high oleic trait marks an important step forward in the full commercialization of Plenish® high oleic soybeans. With single trait approvals for Plenish® high oleic soybeans secured in all of the U.S. soybean export markets, DuPont Pioneer is advancing a value-add technology for growers, end-users and consumers.”Other EU Action on Biotech TraitsAfter expressing severe frustration with the European Commission’s proposal to allow EU member states to opt out of the import of food and feed containing biotechnology traits earlier in the week, the American Soybean Association (ASA) welcomed news out of Brussels today that the EU has approved 17 biotechnology traits for import. The traits, which include the Plenish and Vistive Gold high-oleic soybean varieties, as well as dicamba-tolerant and omega-3 soybeans, have been in the EU approval process for multiple years. ASA First Vice President Richard Wilkins, a soybean farmer from Greenwood, Del., noted the association’s guarded optimism about today’s news in a statement:“On the one hand, we’re happy to see these traits finally receive Commission approval after years of delay. The 17 products approved by the European Commission today have been pending for 69 months on average despite EU laws and regulations that foresee an 18-month time period for a decision. Whenever our technology partners bring a new trait to market, farmers in the U.S. aren’t able to fully recognize the benefits of products with those traits until they are accepted in all of our key export markets, so this is a big, big step forward. We are especially pleased with the announcement with regard to high-oleic soybeans, which will give food processors the frying and baking qualities they need in an oil without the need for partial hydrogenation which produces trans fats. Additionally, dicamba-tolerant soybeans will give soybean farmers another tool to prevent and manage weed resistance in their fields.“On the other hand, however, this announcement means little if the EU persists in its current unscientific and delayed approval process for new varieties developed through biotechnology. Today more than 40 additional GM applications for import, submitted by various companies, remain pending in the EU system.“Additionally, the action taken by the EU Commission earlier this week that would allow each of the EU’s 28 member states to “opt-out” of allowing imports of a fully approved, safe GM product is a giant step backwards. We believe that if that proposal is adopted, it would be in clear violation of the EU’s obligations under the World Trade Organization and would negatively impact U.S. soy exports to Europe.“Again, any time we see the progress of modern agricultural biotechnology furthered by an approval for import in a foreign market, that’s a step forward, and our farmers benefit. But on the whole, this week has shown that we still have a long way to go in Europe.” Facebook Twitter All quotes are delayed snapshots Feeder Cattle GFQ21 (AUG 21) 151.18 2.78 last_img read more

More than Apples for These Teachers

first_imgThe Pasadena Educational Foundation (PEF) awarded more than $70,000 in grants to 132 Pasadena Unified School District (PUSD) teachers Tuesday evening at the 2015-16 PEF Teacher Grants Reception at the Altadena Town & Country Club.The grants represent the largest amount of grants ever awarded by PEF to teachers in a single year.With the assistance of private donations as well as support from Wells Fargo Bank, PEF has been awarding grants to help fund classroom supplies and instructional materials for more than 40 years.The PEF Teacher Grant Review Committee received a record number of applications this year. The grants, which support everyday-type needs such as project supplies, as well as larger, physical projects are awarded yearly, and benefit thousands of PUSD students in Altadena, Pasadena, and Sierra Madre.Bill Creim, PEF board president, and Principal Kathy Onoye also presided over three additional special awards. Linda Chang, principal at Don Benito Elementary School, was awarded the Jaratt Brunson Memorial Award. The Kathy Onoye Principal’s Award, given to the PUSD principal “whose proposal best exemplifies principals’ role in inspiring staff and students,” was awarded to Garrett Newsom, principal, and Debbie Henderson, teacher, at Sierra Madre Middle School. The Calvin Hunt Arts Education Award was given to London Outlaw, dance teacher at Pasadena High School.This year’s grants were awarded to teachers at 26 elementary, middle school, magnet and high schools in the Pasadena Unified School District.For more information, visit http://www.pasedfoundation.org/. HerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy More Cool Stuff Community News Community News Your email address will not be published. Required fields are marked * Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Top of the News 2 recommended0 commentsShareShareTweetSharePin it center_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday First Heatwave Expected Next Week EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Education More than Apples for These Teachers Educational Foundation awards more than $70,000 in grants to local educators in Altadena event By EDDIE RIVERA, Community Editor Published on Wednesday, December 2, 2015 | 5:15 pm Name (required)  Mail (required) (not be published)  Website  Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Council ends Hispanic Chamber contract

first_img The City of Odessa will cut off public funds for the Odessa Hispanic Chamber of Commerce, after the Odessa City Council signed off Tuesday on ending the struggling organization’s contract.But the Hispanic Chamber will keep getting public money for about two months per the terms of the contract, and the organization could still get another bite at the apple.The City Council’s unanimous decision to terminate the contract came just weeks after the abrupt removal of Hispanic Chamber leaders who were about to propose reforms to the non-profit, which would have included doing away with a controversial publicly funded job heading a troubled effort to build business ties with Mexico. Funding for that program, the Mexico Initiative, will also cease.Meanwhile, the Hispanic Chamber can ask for new funding, including for the next fiscal year beginning Oct. 1.The Tuesday vote ratified in a unanimous decision by the Odessa Development Corporation, the board of council appointees overseeing millions of dollars of sales tax money that includes the funding for the Hispanic Chamber. The ODC would also have to sign off on any new contract for the organization.“Part of this really is rebuilding the confidence of the ODC and the council in the chamber that they have the ability to move forward with the contract,” Interim City Attorney Gary Landers said. “Many people believe ‘Well, of course they do.’ But there are other people that say, well based on the actions of the last six months, the confidence has been a little shaken. And there has been instability.”District 5 City Councilman Filiberto Gonzales was one of Hispanic Chamber officials who ousted the new leaders, raising questions about whose interests are served with the dual roles. But Gonzales denied any conflict with his duties as a city official who funds the organization with tax money.Gonzales defended his role in the shake-up on Tuesday but declined to detail his reasoning for supporting the removal of leaders including CEO Price Arredondo and new board members.“I stand with what I did,” Gonzales said.The Hispanic Chamber has struggled to show verifiable results after years of taxpayer investment in the organization and the Mexico Initiative. Funding for the Mexico Initiative was set to expire this week after a six-month deadline to find professional leadership.Public funds budgeted for the Hispanic Chamber this year totaled more than $305,000, paid in monthly installments. Of that money, about $167,000 was dedicated to the Mexico Initiative.Arredondo was removed from his post on March 8, just before he was scheduled to propose changes to the ODC. One of his proposed changes included replacing the paid head of the Mexico Initiative, Raymond Chavez, who is an associate of Gonzales.Gonzales said he supported ending the city’s contract with the Hispanic Chamber as long as city officials negotiate a new one and the city gives the organization he belongs to clear guidance on how it needs to meet expectations.“I would be wrong if I said I’m not worried, because it’s a timeline,” Gonzales said. “You have pressure. You want to get things done. But I feel that the right people are in place to be able to make it happen. I think it’s fair.” IN OTHER BUSINESS, THE CITY COUNCIL: >>Approved City Council minutes from the March 13 and March 20 meetings. >>Approved accepting a donation from Atmos Energy and appropriating the funds to Odessa Fire/Rescue. >>Approved for the second and final time an ordinance adopting a new Atmos Gas Tariff and Rate Review Mechanism. >>Approved authorizing Odessa Fire/Rescue to accept Texas Law Enforcement Officer Standards Education funds. >>Approved accepting the 2017 Comprehensive Annual Financial Report. >>Approved awarding a contract for the 2018 sealcoating project. >>Approved awarding a contract for the 2018 pavement rejuvenation project. >>Opened a public hearing and approved for the second and final time an ordinance granting a request by Betenbough Homes for development of 84 single-family lots on the northeast corner of 91st Street and Rainbow Drive, after city staff met with a concerned citizen and developed plans for an additional stop sign along 91st Street to help reduce speeding. >>Opened a public hearing and approved for the second and final time a request by ICA Properties for original zoning of Future Development-Drill Reservation on a 4.2 acre tract and .15 acte tract northwest and northeast of the intersection of Mission Boulevard and Dorado Drive. >>Opened a public hearing and approved for the second and final time a request by Vickie and Thomas Hurt to rezone from Single Family-Two to Retail-One northeast of the intersection of Catalina Drive and West 24th Street. >>Opened a public hearing and consider approved for the second and final time a request by Verna Headlee for original zoning of a roughly 2 acre tract from Future Development to retail southeast of the intersection of Loop 338 and E. 56th St. >>Opened a public hearing and approved for the second and final time a request by Leeco Energy & Investments to rezone from Single Family-Three to Special Dwelling District northeast of the intersection of East 52nd Street and Conley Avenue. >>Opened a public hearing and approved for the first time a request by Leeco Energy & Investments for a specific use permit to allow a salon or boutique in an Office Zoning District west of the intersection of East Ridge Road and Parks Legado Road. >>Opened a public hearing and approved for the first time a request by SMBC Leasing & Finance Inc. for original zoning of Planned Development-Light Industrial east of the intersection of South Faudree Road and Interstate 20. >>Approved for the first time an ordinance renewing the night curfew for people under 17. >>Approved a memorandum of understanding with the Texas Department of Public Safety for Allied Agency Training. >>Approved a $30,000 facade grant for Yung Ham LLC (Crenshaw Flooring). >> Reviewed meeting agenda items and discussed the Scott Theater sign in a briefing session before the regular meeting. Twitter Facebook Odessa City Hall will be doing mostly cosmetic renovations to update to a more modern look. Local News Council ends Hispanic Chamber contract Pinterest OC employee of the year always learning WhatsApp ECISD undergoing ‘equity audit’ Foolproof Roasted Pork TenderloinSouthern Style Potato SaladSmoked Bacon Wrapped French Vidalia OnionPowered By 10 Sec Mama’s Deviled Eggs NextStay center_img Pinterest Twitter 2021 SCHOOL HONORS: Permian High School Previous articleMan identified in fatal three-car wreckNext articleHIGH SCHOOL SOFTBALL: Crosstown rivalry rained out admin RELATED ARTICLESMORE FROM AUTHOR Facebook Home Local News Council ends Hispanic Chamber contract By admin – March 27, 2018 WhatsApplast_img read more

PERRYMAN: Texas wind will take on added importance in the future

first_imgHome Local News Business PERRYMAN: Texas wind will take on added importance in the future Virgin Coco MojitoSlap Your Mama It’s So Delicious Southern Squash CasseroleTexas Fried ChickenPowered By 10 Sec Mama’s Deviled Eggs NextStay Local NewsBusiness PERRYMAN: Texas wind will take on added importance in the future Twitter Facebook Pinterest Twitter Texas has more capacity to generate electricity from wind than any other state. In fact, Texas’ capacity of 22,799 megawatts is triple that of second-place Oklahoma and is larger than most countries around the world. The Lone Star State also tops the list for capacity currently under development.Smart policy decisions decades ago have been the key to the development of the Texas wind power industry. While Texas has abundant land with the right wind speeds, billions of dollars of investments in transmission lines (carefully planned to facilitate systematic development of the industry and paid for by Texas ratepayers) were needed to get wind power from the often rural areas where it is generated to the growing population centers where it is needed. Allowing competition while providing key transmission infrastructure has been integral to the rapid growth in Texas’ wind power industry.The investment is paying off. The American Wind Energy Association (AWEA) estimates that more than $42 billion has been invested in Texas wind farms, creating jobs during construction and, to a lesser extent, on an ongoing basis through operations and maintenance. The industry also supports related manufacturing facilities, transportation companies and many other types of businesses. Land owner royalties enhance incomes and consumer spending, and wind farms also increase the property tax base, generating additional fiscal resources for communities and schools.In addition to the economic benefits of the industry itself, wind generation capacity works to reduce electric power prices. Wind now provides almost 15 percent of the state’s power needs on average, with a much higher proportion at some points in time. The marginal cost of wind energy is essentially zero (no fuel cost), and, because Texas’ electric power market is competitive, the wholesale price is set by the last unit used at any instant in time. These savings are passed along to customers, and periods in which wind supplies all needed power (which often happens in the spring and fall) reduce average costs.Wind gives electric power customers more choices, such as supporting green energy. The ability to supply power from renewable sources is also a competitive advantage, with some corporations in high growth and desirable sectors specifying the ability to purchase clean power as a location criterion. The environmental properties of wind are also greatly reducing emissions as well as the need for water for power generation.Given the continued focus on reducing emissions on a global scale, renewable energy sources such as wind will take on added importance in the future. With the right mix of potential wind farm sites, transmissions lines and a competitive framework, Texas should continue to lead the way for decades to come, thus enhancing the state’s economic advantages. WhatsApp Facebookcenter_img WhatsApp By admin – June 10, 2018 Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. Previous articleHART: Trump: Don’t fall for FBI’s perjury trapNext articleELAM: They won’t forget admin RELATED ARTICLESMORE FROM AUTHOR Rattler Midstream: 4Q Earnings Snapshot Pinterest Ashford Hospitality Trust: 4Q Earnings Snapshot Octopus Energy U.S. to Discount Customers’ Bills by as Much as 90% last_img read more

FHFA, Nomura Trial Expected to Continue for a Month

first_img Demand Propels Home Prices Upward 2 days ago The trial in the case of FHFA vs. Nomura Holdings over claims that the bank misrepresented mortgage-backed securities to Fannie Mae and Freddie Mac in the run-up to the financial crisis is expected to last for at least a month, according to a report from Reuters.Judge Denise Cote, overseer of the non-jury trial which began Monday in the U.S. District Court of the Southern District of New York in Manhattan, said she may schedule closing arguments for the trial on April 8, according to the report.FHFA is seeking $1.1 billion in damages. The Agency alleges it suffered monumental losses when the sponsor of the mortgage-backed securities, Nomura, and the securities’ underwriter, Royal Bank of Scotland, did not follow underwriting guidelines on 68 percent of a sample of a bundle of securities backing more than $2 billion worth of mortgages sold to the GSEs prior to the financial crisis of 2008.A lawyer for FHFA said in Monday’s opening statements that Nomura and RBS were “very willing participants” in a scheme to defraud the GSEs, which precipitated the financial crisis. A lawyer from Nomura responded by saying that “no falsehoods were made” and that any losses FHFA suffered were due to declines in the housing market that were unforeseeable, according to the report.Nomura, which is headquartered in Japan and is one of the world’s biggest banks, is the first financial institution to go to trial out of the 18 lenders FHFA sued in 2011 to recoup U.S. taxpayer costs following the government’s $188 billion bailout of Fannie Mae and Freddie Mac in 2008, after which the government seized control of both Enterprises. The only other financial institution out of the 18 that has not settled with FHFA is Royal Bank of Scotland, which is expected to go to trial sometime next year if no settlement is reached. The other 16 lenders have paid a combined total of about $24 billion to settle with FHFA, including $9.3 billion paid by Bank of America in March 2014. The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago FHFA, Nomura Trial Expected to Continue for a Month Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Related Articles Tagged with: FHFA Mortgage-Backed Securities Nomura Holdings  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Consumer Advocates Concerned Over Non-Borrowing Spouses Facing Foreclosure Next: DS News Webcast: Tuesday 3/17/2015center_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago FHFA Mortgage-Backed Securities Nomura Holdings 2015-03-16 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily 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. March 16, 2015 1,325 Views Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / FHFA, Nomura Trial Expected to Continue for a Month The Best Markets For Residential Property Investors 2 days ago Subscribe in Daily Dose, Featured, News, Secondary Marketlast_img read more